By Matt Grossman
A disclosure from Fed chair nominee Kevin Warsh details immense financial holdings that suggest a net worth of at least tens of millions of dollars.
The filing, published as Warsh nears a confirmation hearing before the Senate Banking Committee, shows that among dozens of other assets, Warsh, 56, holds at least one investment worth more than $50 million. He owns those alongside a myriad of other investment funds, bank accounts and stakes in what appear to be dozens of tech startups.
The holdings are complex, and the disclosure only specifies their values within large ranges, so determining Warsh's precise net worth isn't possible. In the filing, Warsh pledged to divest some of his investment holdings if he is confirmed as Fed chair. A government ethics official signed off on the disclosure, certifying that Warsh will be in compliance with ethics rules after he makes those divestments.
Warsh has continued to earn significant income since he left the Fed 15 years ago. His disclosure shows that he has earned more than $10 million in consulting fees from the family office of hedge-fund investor Stanley Druckenmiller, plus compensation from companies such as United Parcel Service, where he is on the board of directors.
Warsh's path to confirmation remains uncertain, because a key Republican senator, Thom Tillis of North Carolina, has pledged not to back Warsh until the Justice Department winds down its criminal investigation of the current Fed chair, Jerome Powell.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
April 14, 2026 10:01 ET (14:01 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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