President has nominated Kevin Warsh to serve as the Chair of the Federal Reserve Board for a four-year term. Additionally, Warsh has been nominated to be a member of the Federal Reserve Board for a fourteen-year term, starting February 1, 2026. Warsh has previously expressed skepticism about Bitcoin, citing its high volatility as a barrier to its use as a pricing unit or payment tool, and views cryptocurrencies more as software technology rather than true currency.