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Kevin Warsh, Trump’s Pick for Fed Chair, Discloses Vast Wealth Ahead of Confirmation Hearing

Kevin M. Warsh vowed to divest a substantial amount of his more than $100 million in assets as he faces a complicated path to becoming the next chair of the Federal Reserve.

Kevin M. Warsh will be at a Senate hearing next week to consider him as the next chair of the Federal Reserve.

Fed’s Independence Faces Critical Tests as Trump Seeks to Remake Institution

7 January 2026 at 10:01
The central bank faces two major hurdles early on in 2026 that will determine the extent to which it operates free of political meddling.

President Trump has said anybody who disagrees with him will never get the top job at the Federal Reserve, prompting concern that his nominee will prioritize pleasing him over all else.

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