Warsh Discloses $192M Portfolio Ahead of Fed Chair Confirmation Hearing

Kevin Warsh, the nominee for Federal Reserve chair, has submitted a comprehensive ethics filing that details over $192 million in combined assets. This includes a diverse portfolio with significant stakes in various companies, including several venture funds and Web3 startups.

The filing, which covers a range of investments and business affiliations, also reveals Warsh's indirect holdings in prominent crypto projects such as Solana, Dydx, and Optimism. Additionally, he has direct stakes in several fintech and Web3 names through the DCM Investments 10 LLC structure.

Warsh's portfolio also includes a substantial amount of municipal bonds and undeveloped land valued between $5 million and $25 million. He holds vested phantom stock and restricted stock units in UPS, each valued between $1 million and $5 million, along with Coupang Inc. Class A Common Stock in the same range.

The nominee has pledged to divest certain holdings, including his Juggernaut Fund LP positions, if confirmed by the Senate Banking Committee. His confirmation hearing is scheduled for around April 21, 2026, and analysts expect him to prioritize balance sheet reduction paired with potential rate cuts in a high-productivity environment.