Fed Chair Nominee’s Crypto, AI Investments Revealed in $100M Disclosure

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Crypto, AI Investments Surface In Fed Chair Nominee’s Financial Disclosure

As a crypto investor, I’m keeping a close eye on what’s happening with the SEC and other financial regulators. Right now, it’s a bit concerning because the SEC is really understaffed – they only have three out of five commissioners, and all of them are from the Republican party. This could definitely influence how they approach regulating crypto, and it’s something I’m watching closely.

The Commodity Futures Trading Commission currently has only one commissioner. These empty positions are particularly noteworthy because the agency is poised to play a key role in regulating digital assets, especially if a stalled bill in the Senate – which has been stuck since July 2025 – is passed.

A Nominee With Stakes In The Industry

Recently, Kevin Warsh – who Donald Trump considered to replace the head of the Federal Reserve, Jerome Powell – publicly reported his personal investments. These investments include companies focused on cryptocurrency and artificial intelligence.

According to filings, Warsh disclosed investments in several cryptocurrency companies – including Compound, Dapper Labs, and Kinetic – as well as artificial intelligence companies like Delphi, Conversion, Factory, and Glue.

He has reported assets worth over $100 million. The biggest part of this is a $50 million+ investment in a fund called Juggernaut. He also earned over $10 million from consulting work for Duquesne Family Office, the investment company managed by billionaire Stanley Druckenmiller.

His financial disclosures didn’t list specific values for his investments in cryptocurrency and artificial intelligence. It’s unknown why this information was left out. While ethics rules don’t require reporting assets worth less than $1,000, this doesn’t fully explain the missing information and raises concerns about the extent of his investments in areas impacted by Federal Reserve interest rate policies.

Powell’s Clock Is Running Out

Jerome Powell’s current term as Federal Reserve chair is ending soon, on May 15th. Former President Trump nominated David Warsh to replace him back in January, and officially sent the nomination to the Senate in March after considerable public urging for lower interest rates. As of Tuesday, the Senate Banking Committee hadn’t scheduled a hearing on the nomination, but a vote might happen as early as next week.

The person leading the Federal Reserve has a huge impact on US financial policy. This is most obvious when they decide on interest rates, which affect all parts of the economy – including newer areas like cryptocurrency and artificial intelligence, where Kevin Warsh has investments.

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2026-04-15 21:41