Kevin Warsh, the nominee to lead the Federal Reserve, has filed a 69-page financial disclosure revealing a complex web of investments, including stakes in over a dozen blockchain and digital asset companies. The filing, which is required by the US Office of Government Ethics, provides a detailed look at Warsh's financial holdings, including his investments in DeFi lending, decentralized derivatives, Layer 1 and Layer 2 networks, prediction markets, and Bitcoin payments infrastructure.
Warsh has pledged to divest the majority of these holdings, which could have significant implications for his role as Fed chair, particularly with regard to stablecoin regulation, bank crypto custody policy, and any future central bank digital currency decisions. The disclosure has sparked concerns about potential conflicts of interest and the impact of Warsh's investments on his ability to make impartial decisions as Fed chair. 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.