Kevin Warsh, one of the names being considered for Fed chairman, revealed notable investments in technology and crypto infrastructure in his financial statements.
Public documents, which will be scrutinized in a Senate hearing next week, show Mr. Warsh had indirect contact with early-stage startups.
According to published data, Warsh’s investments are made through employment-related investment vehicles and target a wide range of technologies. The portfolio includes important crypto projects such as Compound, which operates in the decentralized finance (DeFi) space, Optimism and Blast, one of the Ethereum layer 2 solutions, and the Solana ecosystem. Additionally, there are various cryptocurrency trading infrastructures and investment companies as well as investments in various areas such as artificial intelligence and biotechnology.
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The investment positions detailed in the document are relatively small and illiquid and do not generate reportable income. This suggests that Warsh is focused on indirect investments, similar to venture capital, rather than directly investing in tradable assets.
Nevertheless, the statement is considered one of the most “crypto-focused” financial announcements ever seen by a Fed chairman candidate. Warsh’s investment history is expected to be brought up in the Senate hearing, particularly in terms of its potential impact on digital asset regulation and monetary policy.
*This is not investment advice.
