Overview
- The Senate Banking Committee moved toward a hearing next week after Kevin Warsh’s ethics filings were posted Tuesday, satisfying the paperwork and five‑business‑day notice required to convene the session.
- New disclosures list roughly $131 million to $209 million in Warsh’s personal assets and large holdings tied to his wife, Jane Lauder, placing his wealth above that of recent Fed chairs.
- Warsh reported about 1,800 assets and pledged to divest restricted fund stakes and other positions if confirmed, and he said he will leave outside roles including board seats at UPS and Coupang.
- The portfolio spans private markets and emerging tech, with filings noting exposure to crypto ventures, the prediction market Polymarket, and SpaceX, which ethics agreements would require him to unwind.
- Sen. Thom Tillis says he will block action on the nomination until the DOJ concludes its Powell investigation, and Powell says he will remain as chair pro tem after his May 15 term end if no successor is confirmed.