---
title: "Jerome Powell Supports Fed's New Stablecoin Policies—But Chair Kevin Warsh Abstains"
url: https://thecoingazette.com/jerome-powell-supports-feds-new-stablecoin-policiesaebut-chair-kevin-warsh-abstains/
date: 2026-06-18
modified: 2026-06-18
author: "Coin Gazette Editorial"
description: "Law and Order"
categories:
  - "Crypto News"
tags:
  - "Companies"
  - "crypto"
  - "customers"
  - "GENIUS"
  - "GENIUS Act"
  - "Kevin Warsh"
  - "Law and Order"
  - "stablecoin"
word_count: 21
---

# Jerome Powell Supports Fed's New Stablecoin Policies—But Chair Kevin Warsh Abstains

The proposed rulemaking establishes how US crypto companies will have to screen stablecoin customers after the passage of the GENIUS Act.