Warsh served as a member of the Federal Reserve Board of Governors from 2006 to 2011; he was just 35 when President George W. Bush appointed him as the youngest-ever nominee

New Fed Chair Kevin Warsh held rates at 3.5-3.75% while vowing to hit 2% inflation, rattling Bitcoin and equities with hawkish rhetoric.

New Fed Chair Kevin Warsh held rates steady at his first FOMC meeting but signaled a potential hike as inflation hits 4.1%, the highest in three years.