Trump pick to lead Federal Reserve has assets worth over $100m, disclosures indicate
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Trump pick to lead Federal Reserve has assets worth over $100m, disclosures indicate
"Kevin Warsh's financial disclosures include two investments worth more than $50 million each in the Juggernaut Fund LP and $10.2 million in consulting fees from Stanley Druckenmiller."
"The document lists dozens of other assets, primarily in artificial intelligence and crypto, with some values withheld due to OGE rules not requiring values for securities worth less than $1,000."
"Warsh has pledged to divest certain assets, including those in THSDFS LLC, to comply with the Ethics in Government Act, as noted by OGE analyst Heather Jones."
"Holdings include innovative companies like Cafe X, a robotic coffee bar platform, and Cionic, a bionic movement-enhancing wearable clothing firm."
Kevin Warsh has submitted financial disclosures indicating assets worth over $100 million, including two investments exceeding $50 million each in the Juggernaut Fund LP. He also reported $10.2 million in consulting fees from Stanley Druckenmiller's investment office. The disclosures include numerous other assets, particularly in artificial intelligence and cryptocurrency, with some values withheld due to confidentiality agreements. Warsh has pledged to divest certain assets if confirmed, ensuring compliance with the Ethics in Government Act as noted by the OGE analyst.
Read at www.theguardian.com
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