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3 hours ago

Trump's Fed pick discloses $131M fortune as nomination faces headwinds

Kevin Warsh would enter the world’s most powerful central bank with a fortune of at least $131 million, according to financial disclosures released Tuesday – an amount that would make him the wealthiest chair in the Federal Reserve’s history.The U.S. Office of Government Ethics released his nearly 70-page financial disclosures, part of the standard vetting process for senior government nominees. The filings also show that Warsh's wife, Jane Lauder – an heiress to the global beauty company Estée Lauder and a businesswoman – holds millions of dollars in additional assets, further adding to the f...

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