{ "id": 71730, "date": "2026-04-15T09:09:25", "date_gmt": "2026-04-15T02:09:25", "guid": { "rendered": "https:\/\/hbbgroup.net\/federal-reserve-chair-nominees-disclosure-includes-crypto-and-ai-holdings\/" }, "modified": "2026-04-15T09:09:25", "modified_gmt": "2026-04-15T02:09:25", "slug": "federal-reserve-chair-nominees-disclosure-includes-crypto-and-ai-holdings", "status": "publish", "type": "post", "link": "https:\/\/hbbgroup.net\/en_us\/federal-reserve-chair-nominees-disclosure-includes-crypto-and-ai-holdings\/", "title": { "rendered": "Federal Reserve chair nominee’s disclosure includes crypto and AI holdings" }, "content": { "rendered": "
\n

Update (April 14 7:51 PM UTC): This article has been updated to with date of nomination hearing.<\/p>\n

Kevin Warsh, US President Donald Trump\u2019s pick to lead the Federal Reserve to replace Chair Jerome Powell, has reported millions of dollars in assets ahead of his confirmation hearing, including investments in crypto and AI companies.<\/p>\n

In a filing with the US Office of Government Ethics, Warsh reported<\/a> Excepted Investment Funds (EIFs) in Compound, Dapper Labs, Kinetic, as well as AI companies Delphi, Conversion, Factory, Glue and others ahead of his confirmation hearing in the Senate.<\/p>\n

While the prospective Fed chair\u2019s assets amounted to more than $100 million, none of his crypto and AI investments included a value range, Reuters reported<\/a> on Tuesday.<\/p>\n

\"Federal
Sample of Kevin Warsh\u2019s asset disclosure forms. Source: <\/em>US Office of Government Ethics<\/em><\/a><\/figcaption><\/figure>\n

It\u2019s unclear why the value of the crypto and AI investments were not included in the disclosures, but the ethics\u2019 office rules do not require<\/a> reporting for assets under $1,000. Among the biggest disclosures were more than $50 million in the Juggernaut Fund and more than $10 million in income from consulting fees for Duquesne Family Office, the investment firm of Stanley Druckenmiller.<\/p>\n

Trump announced Warsh as his pick to lead the US central bank in January, but only formally advanced his name<\/a> to the Senate in March following numerous threats to oust<\/a> Powell. Whoever heads the Fed has significant influence over US financial policy<\/a>, including federal interest rates.<\/p>\n

Related: <\/strong><\/em>Deutsche B\u00f6rse invests $200 million in Kraken parent Payward<\/strong><\/em><\/a><\/p>\n

Powell\u2019s second four-year term as chair ends on May 15. The Senate Banking Committee announced<\/a> Tuesday afternoon that it will hold a hearing on Warsh\u2019s nomination to replace the Fed chair on April 21.<\/p>\n

Trump still hasn\u2019t announced key nominations for financial agencies<\/h2>\n

While the Senate Banking Committee may soon consider Warsh\u2019s nomination, Trump has not signaled that he plans to announce additional picks for commissioners at the Securities and Exchange Commission (SEC) or Commodity Futures Trading Commission (CFTC), both of which have empty leadership seats at a crucial time for digital asset regulation.<\/p>\n

The SEC currently has only three out of five commissioners in its leadership \u2014 all Republicans \u2014 while another Republican, Michael Selig, is the sole commissioner at the CFTC, where four remaining slots are unfilled. Both regulatory agencies are expected to play significant roles in digital asset regulation should the Senate pass a crypto market structure bill that has been stalled in the chamber since July 2025.<\/p>\n