Federal Reserve Chair nominee Kevin Warsh filed a 69-page financial disclosure with the US Office of Government Ethics on April 14, revealing assets worth well over $100 million across crypto, AI, and private equity.
The filing clears the last major bureaucratic step before the Senate Banking Committee can schedule his confirmation hearing.
Warsh’s Disclosure Reveals Wide-Ranging Portfolio
The document lists two investments valued at over $50 million each in the Juggernaut Fund LP and $10.2 million in consulting fees from the investment office of billionaire investor Stanley Druckenmiller.
It also includes approximately two dozen positions held through THSDFS LLC, with some individually worth up to $5 million. Those holdings’ details were withheld under confidentiality agreements.
Dozens of additional assets went unlisted by value but appear concentrated in AI and crypto sectors, according to Reuters.
Among the named crypto-related holdings is Blast, an Ethereum (ETH) layer-two network. Warsh has also previously invested in Bitwise Asset Management, the firm behind a spot Bitcoin (BTC) ETF.
Warsh pledged to divest his Juggernaut Fund and THSDFS positions if confirmed. OGE analyst Heather Jones approved the filing, stating he would be in compliance once those divestitures are complete.
What Comes Next for Warsh’s Confirmation
The Senate Banking Committee has yet to formally schedule his hearing, though it could come as early as next week. The committee had initially targeted April 16 but delayed due to incomplete disclosures.
However, Senator Thom Tillis (R-NC) has said he will block a final vote on Warsh until a federal criminal probe involving current Fed Chair Jerome Powell is resolved. Powell’s term expires May 15.
“I will oppose the confirmation of any Federal Reserve nominee, including for the position of Chairman, until the DOJ’s inquiry into Chairman Powell is fully and transparently resolved,” Senator Tillis articulated in a late January post.
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