Kevin Warsh, the nominee for Federal Reserve chair, has submitted his financial disclosure, revealing a complex web of investments in the crypto and blockchain space. The 69-page document, filed with the U.S.
Office of Government Ethics, shows Warsh has equity positions in over a dozen companies, including those involved in DeFi lending, decentralized derivatives, and Bitcoin payments infrastructure. His investments are primarily held through venture fund structures, including DCM Investments 10 LLC and a series of funds labeled AVF.
Warsh has promised to divest the majority of these holdings, which could have implications for his future decision-making as Fed chair. The disclosure has sparked interest and concern, with some viewing Warsh's crypto exposure as a potential conflict of interest, while others see it as a sign that he may have a more nuanced understanding of the technology.
Warsh's financial profile also reveals significant earnings from consulting fees and speaking engagements, totaling over $10 million in 2025. His wife, Jane Lauder, has an estimated net worth of $1.9 billion, making Warsh one of the wealthiest Fed chairs in modern history. 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.