Fed Chair Nominee Kevin Warsh Discloses Crypto Investments Ahead of Senate Hearing

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Gate News message, April 15 — Kevin Warsh, nominated as the next Federal Reserve Chair, disclosed investments in over 20 digital asset and blockchain-related companies in a financial filing submitted to the U.S. Office of Government Ethics (OGE) ahead of his Senate confirmation hearing scheduled for April 21.

Warsh’s portfolio spans DeFi platforms including Compound, dYdX, Lighter, and Eulith; Layer 1 and Layer 2 blockchain networks such as Solana, Optimism, Blast, and DeSo; and Bitcoin infrastructure, notably Flashnet and Lightning Network-based payment systems.

Additional holdings include digital asset investment firms and financial infrastructure projects: Polychain Capital, Scalar Capital, Polymarket, Lemon Cash, Alpaca, OnJuno, OneSafe, Ridian, SkyLink, Caliza, and Kinetic. Web3 and NFT-related investments include Crossmint, CreatorDAO, Friends With Benefits, Dapper Labs, Tenderly, Vana, Structure, and Metatheory.

Senate Banking Committee Chairman Tim Scott said in a Fox Business interview on April 14 that the committee is increasingly likely to advance Warsh’s nomination to the full Senate floor within the coming weeks. The disclosed investments may raise questions about potential conflicts of interest, particularly as the Fed oversees policies related to stablecoins, banks’ digital asset activities, and payment infrastructure.

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ChainNewsAbmedia04-14 01:56
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EMR16vip
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Watch carefully 🔍
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