Fed Chair Nominee Has Crypto Holdings

Kevin Warsh, a nominee for the next Federal Reserve chair, has disclosed significant cryptocurrency exposure in his personal investment portfolio. His holdings include stakes in decentralized finance (DeFi) protocols, Ethereum scaling networks, a Bitcoin Lightning Network startup, and various prediction markets. Warsh has stated his intention to divest these assets to avoid any potential conflicts of interest should he be confirmed for the position. This revelation brings a new dimension to the ongoing discussion about digital assets and their intersection with traditional financial regulation and oversight.