Video briefing · · Read the transcript
Before the Fed, He was already in Crypto.
Transcript
The man now leading the Federal Reserve is already invested into crypto before taking the job. His ethics disclosure showed assets well in excess of $100 million, including investments tied to Solana, Optimism, dYdX, Polkadot Chain, and other blockchain projects. He agreed to divest before taking office.
Then during congressional testimony, he said, "We do not want to be in the bailout business." Full stop.
I'm not telling you what to think. I'm telling you these are facts worth knowing.
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Transcript generated from the video's audio and lightly cleaned up; wording follows the spoken briefing.
The new Federal Reserve chair's ethics disclosure revealed over $100 million in assets, including investments in several blockchain and crypto projects, which he agreed to divest before taking office. During congressional testimony, he also stated that the Fed does not want to be in the bailout business — a notable position for the nation's top banking regulator.
Key takeaways
- The incoming Fed chair's ethics disclosure showed assets well in excess of $100 million, including crypto-related investments.
- Holdings were tied to projects including Solana, Optimism, dYdX, Polkadot Chain, and other blockchain projects.
- He agreed to divest from these assets before taking office.
- During congressional testimony, he stated: "We do not want to be in the bailout business."
- The host frames these as factual data points worth monitoring in the context of broader financial developments.
The Federal Reserve's newest chair entered office with previously disclosed investments in several crypto and blockchain projects—holdings he agreed to divest after his confirmation. Not long afterward, he told Congress, "We do not want to be in the bailout business, full stop." The disclosures, the testimony, and the timeline are all public.
References
- Dedollarize News Website
- Dedollarize News Books
- silver Spot price
- Gold Spot Price
- Silver Open/high/low/close
- Gold Open/high/low/close
- Silver Futures - Settlements
- Gold Futures - Settlements
- Silver Futures - Quotes
- Gold Futures - Quotes
- Silver Futures Historical Data
- Gold Futures Historical Data
- DXY
- U.S. 10 Year Treasury
- silver and gold delivery notices
- COMEX warehouse inventories
- Gold-silver ratio trends
- Daily Metals Volume and Open Interest
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