President Trump's nominee for Federal Reserve chair, Kevin Warsh, has filed his financial disclosure, revealing a diverse portfolio that includes investments in over a dozen blockchain and digital asset companies. Warsh's holdings span DeFi lending, decentralized derivatives, Layer 1 and Layer 2 networks, prediction markets, and Bitcoin payments infrastructure.
The disclosure, which was reviewed by CoinDesk, lists combined assets with his wife totaling at least $192 million. Warsh has stated his intention to divest the majority of his crypto holdings to avoid potential conflicts of interest. The portfolio includes stakes in DeFi protocols, Ethereum scaling networks, and a Bitcoin Lightning startup, as well as investments in venture funds with undisclosed assets. Warsh's financial profile also shows significant income from consulting fees and speaking engagements with firms involved in digital asset trading.
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.