The biggest news in the crypto world today: The U.S. Senate has confirmed Kevin Warsh as the new Federal Reserve Chair. The vote was 54:45, mostly along party lines. What’s really worth paying attention to is how the Fed’s independence is being re-evaluated. Before stepping down, Powell was even caught up in a criminal investigation scandal. Republican Senator Thom Tillis had previously threatened: if the investigation into Powell isn’t dropped, he wouldn’t support Warsh. The market now has a more practical question to ask: Will the future Fed be looking at economic data, or at the White House’s mood?