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Fed nominee Warsh files financial disclosure in step towards confirmation

By Howard Schneider

Tue, April 14, 2026 at 6:10 AM EDT 1 min read

By Howard Schneider

WASHINGTON, April 14 (Reuters) - Kevin Warsh, the former Federal Reserve governor chosen by ‌President Donald Trump to run the central bank, ‌has submitted financial disclosures that are required for his nomination to ​advance through the Senate, beginning with a yet-to-be-scheduled hearing.

Warsh's 69-page disclosure was filed overnight with the U.S. Office of Government Ethics, detailing his income and holdings including ‌two investments listed ⁠as worth more than $50 million each in the Juggernaut Fund LP, and $10.2 million in ⁠consulting fees from the investment office of Wall Street giant Stanley Druckenmiller.

The filings are complex. The Juggernaut ​Fund investments, ​for example, come with ​the caveat that the ‌underlying assets "are not disclosed due to pre-existing confidentiality agreements," with a promise from Warsh that "I will divest this asset if confirmed."

Those are among a series of holdings, including around two dozen in the THSDFS LLC, ‌some individually worth as much ​as $5 million, where detail on ​the holdings was ​also withheld and which Warsh also pledged ‌to divest if confirmed.

OGE analyst ​HeatherJones, who ​signed off on Warsh's document, noted those commitments in her review and said that "once the filer divests ​these assets, ‌he will be in compliance" with the Ethics ​in Government Act.

(Reporting by Howard Schneider; Editing by ​Andrew Heavens, Kirsten Donovan)

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