Trump's Fed pick discloses holdings in Musk's SpaceX, Polymarket, and Solana
Kevin Warsh, the former Federal Reserve governor nominated by President Donald Trump to chair the central bank, has submitted his required financial disclosure documents and the 69-page filing reveals that he holds a diverse portfolio worth well over $100 million.
These documents are a mandatory step for any nominee seeking Senate confirmation.
While U.S. ethics forms use broad categories that make exact valuations difficult, the records show a significant accumulation of wealth and a deep interest in cutting-edge technology.
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Major holdings and Wall Street ties
A significant portion of Warsh 's wealth is tied to his work in the private sector.
The disclosure includes two separate investments in the Juggernaut Fund LP, each valued at more than $50 million.
Warsh noted that the specific details of these funds are withheld due to confidentiality agreements, but he has promised to divest from them if he is confirmed as Fed Chair.
The documents also show that Warsh received $10.2 million in consulting fees from the investment office of Stanley Druckenmiller, a legendary figure on Wall Street.
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A portfolio focused on the future
While Warsh is known as a traditional central banker, his smaller investments reveal a focus on "science fiction-sounding" ventures.
Through various venture fund vehicles, he holds interests in dozens of emerging companies involving artificial intelligence , crypto, and biotechnology.
Notable AI and tech bets:
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Recraft:An AI-driven platform for vector art.
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Volt:Software focused on AI physical security.
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11x:A platform building an autonomous AI workforce.
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Delphi AI:A "digital cloning" service that creates interactive profiles of users.
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SpaceX: Elon Musk’s aerospace company , held through the AVGF II fund. The rocker-maker is a major Bitcoin holder.
Deep roots in crypto and blockchain
Warsh’s disclosure lists numerous indirect holdings in the digital asset space. These investments cover a wide range of decentralized finance (DeFi) and blockchain infrastructure projects, including:
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Polymarket:The world's leading crypto-based prediction platform.
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Solana :High-performance and scaling blockchain network.
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SkyLink:Platform for DeFi portfolio management and algorithmic money markets.
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Arena & DeSo:Social networks built on blockchain technology.
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Polychain:Specialized investment firm focused on the crypto industry.
Ethics, divestment, and liabilities
To comply with strict Federal Reserve ethics rules updated in 2022, Warsh has pledged to sell off many of these interests. These rules limit what officials can own to prevent conflicts of interest while managing the nation's economy.
On the other side of the ledger, Warsh’s liabilities appear manageable compared to his assets.
His primary debts include a 2015 mortgage from JPMorgan Chase of up to $5 million with a 2.75% interest rate and a $5 million line of credit from PNC Bank.
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This story was originally published by TheStreet on Apr 14, 2026, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.
