Kevin Warsh, the nominee to lead the Federal Reserve, has filed a 69-page financial disclosure that reveals a complex web of investments, including stakes in over a dozen blockchain and digital asset companies. The filing, which was reviewed by CoinDesk, 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, which could potentially pose a conflict of interest given his future role in overseeing stablecoin regulation, bank crypto custody policy, and central bank digital currency decisions. The disclosure documents also show that Warsh has earned significant consulting fees from prominent investment firms with interests in digital assets, and that his spouse, Jane Lauder, has an estimated net worth of $1.9 billion.
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.