Fed Chair Nominee Kevin Warsh Discloses Net Worth of At Least $131 Million Ahead of Senate Hearing
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Kevin Warsh, President Biden’s nominee to chair the Federal Reserve, has disclosed a personal net worth of at least $131 million ahead of a Senate Banking Committee nomination hearing slated for next Tuesday, according to newly released financial disclosures. The hearing will take place on Capitol Hill as senators weigh his fitness to lead the central bank; Warsh is a former Federal Reserve governor (2006–2011) with a Wall Street background at Morgan Stanley and ties to the Hoover Institution, and he has recently voiced support for easier monetary policy.