{"id":27337,"date":"2026-04-14T12:27:28","date_gmt":"2026-04-14T12:27:28","guid":{"rendered":"https:\/\/www.jubi24.com\/?p=27337"},"modified":"2026-04-14T12:27:32","modified_gmt":"2026-04-14T12:27:32","slug":"fed-nominee-warsh-filings-detail-vast-wealth","status":"publish","type":"post","link":"https:\/\/www.jubi24.com\/?p=27337","title":{"rendered":"Fed nominee Warsh filings detail vast wealth"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\" \/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108173283\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>Kevin Warsh, former governor of the US Federal Reserve, speaks with CNBC on July 17, 2025.<\/p>\n<p>CNBC<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">Kevin Warsh&#8217;s wealth eclipses that of all recent Federal Reserve chairs, newly released financial disclosure forms show.<\/p>\n<p>Warsh is President <a href=\"https:\/\/www.cnbc.com\/donald-trump\/\">Donald Trump&#8217;s<\/a> nominee to succeed <a href=\"https:\/\/www.cnbc.com\/federal-reserve\/\">Federal Reserve<\/a> Chair <a href=\"https:\/\/www.cnbc.com\/jay-powell\/\">Jerome Powell<\/a>. His financial filings show that Warsh has holdings of approximately $131 million to $209 million, plus hundreds of millions in additional assets held by his wife, Jane Lauder. <\/p>\n<p>That would make Warsh significantly richer than Powell, who, at the time of his 2018 confirmation, was thought to be the wealthiest Fed chair in history. Powell&#8217;s most recent filing, for 2025, shows wealth between $19 million and $75 million.<\/p>\n<p>Warsh also disclosed $10 million in income from his work as an advisor to investor Stanley Druckenmiller, which Warsh has jokingly called his &#8220;day job.&#8221; He earned some $3 million in additional income from work at Stanford University, where he is a fellow at the conservative Hoover Institution, and for a handful of Wall Street firms.<\/p>\n<p>Warsh&#8217;s filings detail roughly 1,800 individual assets. Many individual items are identified as being subject to &#8220;pre-existing confidentiality obligations&#8221; that prevent him from specifying the underlying assets. <\/p>\n<p>Warsh in the filings pledges to divest these assets if confirmed. <\/p>\n<p>His filings also indicate he will resign from board seats at <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-4\"><a href=\"https:\/\/www.cnbc.com\/quotes\/UPS\/\">UPS<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\" \/><\/button><\/span><\/span><\/span> and South Korean retail giant <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-5\"><a href=\"https:\/\/www.cnbc.com\/quotes\/CPNG\/\">Coupang<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\" \/><\/button><\/span><\/span><\/span>, as well as his other jobs.<\/p>\n<p>Lauder sits on the board of Estee Lauder, the cosmetics firm founded by her grandmother. Warsh&#8217;s filings detail tens of millions of assets in her name, but many are listed as simply &#8220;over $1,000,000.&#8221; Forbes estimates her wealth at $1.9 billion.<\/p>\n<p>Not all past Fed chairs have been vastly wealthy. Earlier in his career, Warsh served a term as a Fed governor under then-Chair <a href=\"https:\/\/www.cnbc.com\/ben-bernanke\/\">Ben Bernanke<\/a>. When Bernanke stepped down from the Fed in 2014, his filings listed assets of, at most, $2.3 million \u2014 mostly in retirement funds.<\/p>\n<p>Warsh declined to comment.<\/p>\n<p><strong>This is breaking news. Please refresh for updates.<\/strong><\/p>\n<\/div>\n<div class=\"group\">\n<div class=\"RelatedContent-relatedContent\" id=\"RegularArticle-RelatedContent-1\">\n<div class=\"RelatedContent-container\">\n<div class=\"RelatedContent-nonCollapsibleContent\">\n<h2 class=\"RelatedContent-header\">Read more CNBC politics coverage<\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\"><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.cnbc.com\/2026\/04\/14\/federal-reserve-warsh-wealth.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kevin Warsh, former governor of the US Federal Reserve, speaks with CNBC on July 17, 2025. CNBC Kevin Warsh&#8217;s wealth eclipses that of all recent Federal Reserve chairs, newly released financial disclosure forms show. Warsh is President Donald Trump&#8217;s nominee to succeed Federal Reserve Chair Jerome Powell. His financial filings show that Warsh has holdings &#8230; <a title=\"Fed nominee Warsh filings detail vast wealth\" class=\"read-more\" href=\"https:\/\/www.jubi24.com\/?p=27337\" aria-label=\"Read more about Fed nominee Warsh filings detail vast wealth\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":27338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-27337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.jubi24.com\/wp-content\/uploads\/2026\/04\/Fed-nominee-Warsh-filings-detail-vast-wealth.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/27337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27337"}],"version-history":[{"count":1,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/27337\/revisions"}],"predecessor-version":[{"id":27339,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/27337\/revisions\/27339"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/media\/27338"}],"wp:attachment":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}