Senate Confirms Kevin Warsh to the Fed as BTC Holds $80,000; Chair Vote Next

On May 12, the U.S. Senate confirmed Kevin Warsh to the Federal Reserve Board of Governors in a 51-45 vote, with a separate chairmanship vote expected Wednesday. Bitcoin stayed above $80,000 after the news, and as of May 13, 2026 at 07:00 UTC it traded at $80,955, down 0.1% over 24 hours. Warsh has previously called Bitcoin "the new gold for people under 40" and said he plans to divest most crypto-related holdings.

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