coindesk.com
President Donald Trump nominated Kevin Warsh to be the new chair of the Federal Reserve.
The President confirmed his pick in a post on Truth Social on Friday to replace the incumbent Jerome Powell when his term ends in May.
Warsh was an investor in a cryptocurrency project called Basis, which described itself as an algorithmic central bank. He has also served as an adviser for Electric Capital, a VC firm focused on crypto, blockchain and fintech.