The $100 million question the Fed chair would not answer
Kevin Warsh sold more than $100 million in private investments right before becoming Federal Reserve chair. A senator asked who bought them. He would not say.
· U.S. Wealth Watcher
Kevin Warsh took office as chair of the Federal Reserve, the nation's central bank, in 2026. His financial disclosure showed holdings of more than 100 million dollars in shares of private investment funds, making him one of the wealthiest people ever to lead the Fed.[1][3] He sold those shares in the days before he was sworn in.
At a Senate Banking Committee hearing on July 16, Senator Elizabeth Warren asked a direct question: who wrote that check? She asked whether the buyer was Stanley Druckenmiller, a billionaire investor Warsh has worked with before. Warsh did not name the buyer either way. He said he was following the rules set by the Office of Government Ethics, the agency that reviews these disclosures.[2]
We are not alleging anything went wrong. Selling assets before taking a government job is normal, and the disclosure rules do not force a nominee to name a private buyer. The plain fact stands on its own: the head of the Federal Reserve sold a nine-figure stake days before taking the job, and as the committee record shows, the public still does not know who paid for it.[2]
We report from public records and published reporting. Appearing here is not an allegation of wrongdoing.