Warsh's Wealth: Fed Chair Pick Reports Assets Over $130 Million
The Financial Times reports that Federal Reserve chair nominee Kevin Warsh disclosed assets worth more than $130 million, including about $100 million tied to Juggernaut investments from Stanley Druckenmiller’s Duquesne, plus over $13 million in consulting fees last year. Many holdings are valued only in ranges or are confidential, and roughly 60 disclosed investments could not be shown publicly, with potential divestment if he is confirmed, making precise totals uncertain and raising questions about conflicts of interest.
