Kevin Warsh, President Trump’s nominee to chair the Federal Reserve, has disclosed assets totaling at least $192 million with his wife, Jane Lauder. The financial disclosures reveal a fortune exceeding $100 million, potentially making him the wealthiest Fed chair nominee in decades.
The filings detail stakes in tech startups and over $10 million in consulting fees. Warsh has vowed to divest a substantial portion of his assets to navigate the Senate confirmation process, which begins with a hearing.
Warsh’s wealth significantly surpasses that of current Fed Chair Jerome Powell, whose most recent disclosure reports assets of at least $19.5 million. The documents were submitted for Senate approval as his nomination advances.