“Fed Chair (Jerome) Powell and Governor (Lael) Brainard have been very involved in digital assets to date and have articulated that stablecoins and CBDCs can coexist. If leadership at the Fed had shifted, there would have been a period of learning, delaying current workstreams, and potentially leading to a shift in views towards digital assets,” Baldwin said.
Source: https://www.coindesk.com/markets/2022/02/02/federal-reserve-board-nominees-bring-blank-slate-on-crypto-views/