Fed Chair Kevin Warsh sells pledged financial assets, including crypto

Federal Reserve Chair Kevin Warsh has sold all financial assets he had previously pledged to divest, including cryptocurrency holdings, according to documents filed with the U.S. government ethics office. Some investment assets, including undisclosed underlying assets, are still understood to remain. According to Kevin Warsh’s asset disclosure released in April, Warsh had invested in cryptocurrencies including Compound, a DeFi lending protocol, Optimism and Blast, both Ethereum layer-two networks, and Solana. After taking office in May, Warsh divested most of those assets to meet ethics office requirements.