Federal Reserve Nominee Kevin Warsh Discloses Over $100 Million in Assets Amid Confirmation Process
Kevin Warsh, nominated by President Trump to lead the Federal Reserve, has filed financial disclosures indicating assets exceeding $100 million. The disclosure, submitted to the U.S. Office of Government Ethics, is a prerequisite for his Senate confirmation. Warsh's assets include significant investments in the Juggernaut Fund LP and THSDFS LLC, with some holdings valued at up to $5 million each. Warsh has pledged to divest these assets if confirmed. The document also lists various other investments in sectors like artificial intelligence and cryptocurrency, though many values are undisclosed due to confidentiality agreements. Warsh's spouse, Jane Lauder, also has substantial holdings, including municipal bonds valued over $1 million. The Senate Banking Committee has yet to schedule a hearing for Warsh's confirmation.