Incoming Fed Chair's Portfolio Reveals Crypto Investments

Kevin Warsh, the nominee to lead the Federal Reserve, has submitted his financial disclosure, revealing a portfolio that includes investments in over a dozen blockchain and digital asset companies. The filing, which totals 69 pages, shows that Warsh holds equity positions in companies involved in DeFi lending, decentralized derivatives, Layer 1 and Layer 2 networks, prediction markets, and Bitcoin payments infrastructure. Warsh has promised to divest the majority of these holdings. The disclosure also reveals that Warsh has earned significant consulting fees from prominent investment firms with interests in digital assets. The Senate Banking Committee is set to hold a confirmation hearing for Warsh next week, where his crypto holdings are likely to be a topic of discussion.