After meeting with Kevin Wosh, the Fed chair nominee proposed by Trump, Warren urged that next week’s nomination hearing be postponed. She accused Wosh of failing to disclose details of at least $100 million in investments in his financial disclosures, disclosing only two Juggernaut Fund investments of no less than $50 million each, and—due to confidentiality agreements—not disclosing underlying assets, while pledging to sell only after being confirmed. Warren said this arrangement is not sufficient to evaluate potential conflicts of interest and that the hearing should proceed only after additional disclosures.

MeNews

2026-05-21 21:23:03

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ME News Report, April 17 (UTC+8), U.S. Senator Elizabeth Warren, after meeting with Kevin Warsh, President Trump's nominee for Federal Reserve Chair, called for a delay in the scheduled nomination hearing next Tuesday. Warren pointed out that Warsh did not disclose specific details of at least $100 million in investments in his financial disclosure, only reporting holdings in two Juggernaut Funds each worth no less than $50 million, and citing confidentiality agreements to withhold underlying asset details, promising to sell the relevant assets only after confirmation. Warren stated that this arrangement is insufficient to assess potential conflicts of interest and that the nomination process should be advanced only after additional disclosure of his financial situation. (Source: Foresight News)

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BluePeonyAlert

· 3h ago

Confidentiality agreements as a shield? Confirm before selling, this timing gap is brilliantly exploited.

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FiveMinutesBeforeLiquidation

· 8h ago

Procedural justice is still necessary; delaying the hearing is no problem.

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YieldBonsai

· 8h ago

50 million × 2 is just the tip of the iceberg; how big is the ship underneath?

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U.S. Senator Warren requests to delay the Federal Reserve Chair nomination hearing

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