[Federal Reserve Chair Nominee Kevin Warsh Supports Integration of Crypto Assets into Financial System, Warren Worries He Could Become a 'Puppet'] According to The Block, Federal Reserve Chair nominee Kevin Warsh stated during a Senate Banking Committee hearing that digital assets have already been integrated into the U.S. financial services industry and should be incorporated into the financial system. Warsh's previously disclosed financial information revealed that he holds numerous crypto assets, including dYdX, Lighter, Polychain, Dapper Labs, Solana, and Optimism, among others. Warsh supports exploring a limited central bank digital currency (CBDC) but remarked that issuing a CBDC would be a 'poor policy choice.' Senior Democratic Senator Elizabeth Warren of the Senate Banking Committee suggested during the hearing that Warsh could potentially become a 'puppet' of Trump, claiming this might enable the president to leverage Federal Reserve powers to benefit family-owned crypto companies.