U.S. Senator: Warsh is the First Unethical Federal Reserve Chair Nominee During Trump's Current Term

Odaily News After Federal Reserve Chair nominee Kevin Warsh submitted documents to the Senate disclosing his assets, U.S. Senator Elizabeth Warren pointed out that he did not fully reveal his wealth status. Two personal assets, each listed as worth "over $50 million," belong to a financial instrument named the "Juggernaut Fund."

Elizabeth Warren stated that Warsh is the first Federal Reserve Chair nominee who does not meet ethical standards and is also the first nominee during Trump's current term who is unethical. According to a spokesperson for the Senate Banking Committee, the Congressional Research Service has confirmed Kevin Warsh's "non-compliant" status, and he currently indeed does not meet ethical standards. As of now, Kevin Warsh has declined to comment. (Politico)