Kevin Warsh, the nominee for the Federal Reserve chair, has filed his financial disclosure, revealing a portfolio that includes investments in various crypto and blockchain companies. The disclosure, which is a requirement for his confirmation, shows that Warsh has stakes in over a dozen companies, including those involved in DeFi lending, decentralized derivatives, and Bitcoin payments infrastructure. Warsh has pledged to divest most of these holdings, which could potentially pose a conflict of interest in his role as Fed chair. The disclosure also reveals that Warsh has earned significant amounts from consulting and speaking fees, including from firms with interests in the crypto industry.
The Senate Banking Committee is expected to hold a confirmation hearing for Warsh next week, where his crypto holdings are likely to be a topic of discussion.