Trending Now - Senate Hearing Scheduled for Fed Chair Nominee Kevin Warsh

WHO:

NBC News - Warsh's financial disclosures include investments in Cafe X, a robotic coffee bar platform; Cionic, a bionic movement-enhancing wearable clothing firm; Blast, a yield-generating Ethereum layer two; and Contraline, a reversible male contraceptive solution.

NBC News - Jane Lauder's net worth is estimated at around $1.9 billion.

CNN - Kevin Warsh, nominee for Federal Reserve chair, nominated by President Donald Trump.

CNN - Sen. Tim Scott, leads the Senate Banking Committee.

NBC News - Jane Lauder, spouse of Kevin Warsh, granddaughter of Estée Lauder.

CNBC - Kevin Warsh, fellow in economics at the Hoover Institution and lecturer at the Stanford Graduate School of Business.

WHAT:

Gizmodo - Kevin Warsh's financial disclosures show at least $130 million in holdings.

CBS News - Warsh's wealth is reported to far exceed that of outgoing Fed Chair Jerome Powell, who is worth at least $19.5 million.

Cointelegraph - Warsh's financial disclosures include investments in cryptocurrency and artificial intelligence, but the values of these investments were not disclosed.

NBC News - Warsh's financial disclosures include around two dozen holdings in THSDFS LLC, some individually worth as much as $5 million.

NBC News - Warsh's liabilities include a 2015 mortgage of up to $5 million from JP Morgan Chase at 2.75% and a revolving line of credit of up to $5 million from PNC Bank at around 6%.

CNN - The Senate Banking Committee is set to consider Kevin Warsh's nomination for Federal Reserve chair.

NBC News - Warsh's financial disclosures indicate he holds assets worth over $100 million.

NBC News - Warsh's disclosure includes investments over $50 million each in the Juggernaut Fund LP and $10.2 million in consulting fees from Stanley Druckenmiller.

NBC News - Warsh has pledged to divest certain assets if confirmed.

Bloomberg Markets - The confirmation hearing for Warsh is scheduled for next week.

CNBC - Warsh submitted required paperwork to the Senate, moving closer to a Senate hearing.

WHERE:

CNN - The Senate Banking Committee, location of the confirmation hearing.

WHEN:

CNN - The Senate Banking Committee has scheduled a confirmation hearing for Warsh for April 21st, 2026.

NBC News - Warsh's financial disclosures were filed late on April 11th, 2026, and posted publicly on April 12th, 2026.

CNN - The confirmation hearing is scheduled for the week of April 17th, 2026.

NBC News - Warsh's financial disclosures were filed late on April 11th, 2026, and posted publicly on April 12th, 2026.

WHY:

CNN - Trump stated he will fire Federal Reserve Chair Jerome Powell if he does not step aside when his term expires on May 15th, 2026, saying, “Then I’ll have to fire him.”

CNN - Trump expressed hope that the Senate Banking Committee would confirm Warsh next week, stating, “Tillis is an American; he knows what to do.”

CNN - Sen. Tim Scott expressed belief that the Justice Department will conclude its investigation into Fed Chair Jerome Powell in the coming weeks, which could lead to Sen. Thom Tillis supporting Warsh's nomination.

CNN - Sen. Tim Scott expressed optimism that the Justice Department will conclude its investigation into Fed Chair Jerome Powell in the coming weeks, which could lead to Sen. Thom Tillis supporting Warsh's nomination.

CNN - Sen. Thom Tillis has refused to support Warsh’s nomination unless the Justice Department drops its investigation into Fed Chair Jerome Powell regarding testimony on a multibillion-dollar renovation project.

CNN - A conflict between the White House and Sen. Thom Tillis could jeopardize Warsh's confirmation.

CNN - Sen. Tillis has refused to support Warsh unless the Justice Department drops its investigation into Fed Chair Jerome Powell.

HOW:

CNBC - The Senate will also need to receive Warsh's answers to questions from the Senate Banking Committee before formally giving notice of the hearing.

CNN - Warsh's nomination requires submission of financial paperwork and a one-week notice for the hearing.

NBC News - The Senate Banking Committee requires five business days' notice to schedule a hearing once the necessary paperwork is submitted.

(UPDATED April 15, 2026 13:20 UTC)

The Senate Banking Committee has scheduled a confirmation hearing for Kevin Warsh April 21st. President Trump announced he plans to fire Federal Reserve Chair Jerome Powell if he does not resign before his term ends May 15th, emphasizing, “Then I’ll have to fire him.” Trump also expressed optimism about Warsh's confirmation, stating, “Tillis is an American; he knows what to do.”

(UPDATED April 15, 2026 01:22 UTC)

Kevin Warsh's financial disclosures, filed late on Saturday and made public on Sunday, reveal at least $130 million in holdings, including investments in a robotic coffee bar platform, a bionic movement-enhancing clothing firm, a yield-generating Ethereum layer two, and a reversible male contraceptive solution. Meanwhile, Senator Tim Scott expressed confidence that the Justice Department will wrap up its investigation into Fed Chair Jerome Powell soon, which may influence Senator Thom Tillis to back Warsh's nomination. This development comes as the financial landscape continues to evolve with significant implications for the future of leadership in the Federal Reserve.

(UPDATED April 14, 2026 19:20 UTC)

In a significant development, reports indicate that Warsh's wealth greatly surpasses that of outgoing Fed Chair Jerome Powell, who has a net worth of at least $19.5 million. Warsh's financial disclosures reveal investments in cryptocurrency and artificial intelligence, although the specific values of these investments remain undisclosed. Meanwhile, Senator Tim Scott expressed optimism that the Justice Department will wrap up its investigation into Powell soon, which could pave the way for Senator Thom Tillis to back Warsh's nomination.

(UPDATED April 14, 2026 17:21 UTC)

Jane Lauder's net worth is estimated at around $1.9 billion, according to NBC News. Meanwhile, financial disclosures from Warsh, filed late on Saturday and made public on Sunday, reveal he holds around two dozen assets in THSDFS LLC, with some valued at up to $5 million, alongside liabilities that include a mortgage and a line of credit, both totaling up to $5 million. Senator Thom Tillis has stated he will not support Warsh's nomination unless the Justice Department ends its investigation into Fed Chair Jerome Powell, and the Senate will need to receive Warsh's responses to questions from the Senate Banking Committee before scheduling a formal hearing.

(UPDATED April 14, 2026 15:21 UTC)

Kevin Warsh has been nominated by Trump to serve as the chair of the Federal Reserve, with the Senate Banking Committee set to consider his nomination during a hearing scheduled for the week of April 17th. Warsh, who holds assets exceeding $100 million and has pledged to divest certain investments if confirmed, submitted his financial disclosures on Saturday, which were made public the following day. However, a conflict involving Sen. Thom Tillis, who is withholding support for Warsh unless the Justice Department drops its investigation into Fed Chair Jerome Powell, could complicate the confirmation process.