Warsh

A hawkish Fed Chair does not just reprice bonds. It stress-tests the yield narrative behind tokenized Treasuries and tightens the liquidity that has been funding AI infrastructure.

A routine ethics divestiture points to a hawkish Fed era that will reshape rate expectations and slow the regulatory path for tokenized assets.

The most divisive Fed chair confirmation in modern history reshapes rate expectations, stablecoin regulation, and AI infrastructure financing in one move.