Fed Chair Warsh: 'We do not want to be in the bailout business' Federal Reserve Chair Kevin Warsh testified before the House, stating the central bank does not want to be in the bailout business, rejecting cryptocurrency bailouts while monitoring the economic impact of surging AI business investments. Fed Chair Warsh: 'We do not want to be in the bailout business' Yahoo Finance Video During a House hearing, Fed Chair Kevin Warsh testified on his commitment to fighting sticky inflation, rejecting cryptocurrency bailouts, and monitoring the economic impact of surging AI business investments.