Powell’s Exit, Warsh’s Arrival, and the CLARITY Act: Your 2026 Crypto Portfolio Roadmap

Federal Reserve Chair Jerome Powell's potential exit and the anticipated appointment of Kevin Warsh, along with the implications of the CLARITY Act, signal a shift in regulatory attitudes towards cryptocurrencies. This change may affect the risk appetite among investors, particularly in the crypto market, as clearer regulations could enhance institutional participation. Assets most exposed include cryptocurrencies and related equities, as regulatory clarity often leads to increased capital flows into the sector. Traders will be particularly focused on upcoming congressional discussions regarding the CLARITY Act, which could provide further insights into the regulatory framework governing digital assets.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.