Ahead of Senate confirmation hearing, Fed pick Kevin Warsh discloses investments in a slew of crypto firms

Kevin Warsh, a nominee for Federal Reserve chair, is scheduled for a confirmation hearing before the Senate Banking Committee next week. Ahead of this hearing, Warsh disclosed holdings in at least 20 crypto-related entities, including dYdX, Lighter, Polychain, Dapper Labs, Solana, and Optimism. He also has investments in lesser-known startups like Eulith and Lemon Cash. Warsh has previously expressed a positive view on Bitcoin as an "important asset" for policymakers and was an early investor in the algorithmic stablecoin project Basis. His nomination comes as current Fed Chair Jerome Powell's term ends in May, and amid ongoing scrutiny of Powell's handling of interest rates and a DOJ investigation.

(Source：The Block)