The Common Network

Kevin Warsh

Fed chair since May 2026, ex-Druckenmiller partner; won't say who paid him $100M+ for his fund stakes days before taking office

Chair of the Federal Reserve· United States · in office since May 22, 2026 · in the record since May 2026
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Connections · 5

● confirmed by a primary document · ○ reported

All 5Ownership 1Roles 3Figures 1

● confirmed by a primary document · ○ reported

Ownership

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Sen. Elizabeth Warren said at Warsh's confirmation hearing that, at his nomination, he owned more than $100 million in shares of the private Juggernaut Funds and THSDFS LLC and refused to disclose the underlying assets.$100M
2026Juggernaut Funds"More than" $100M; combined value of Juggernaut Funds and THSDFS LLC stakes, per Sen. Warren's office. Reviewed: attributed to Sen. Warren, since the source is her questioning.
1 source
  • www.banking.senate.govDocumenthearing transcriptAt the time of your nomination, you owned more than $100 million worth of shares in private investment vehicles called the Juggernaut Funds and THSDFS LLC. And, you refused to disclose the underlying assets to the Senate and to the public.

Roles

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After leaving the Fed board in 2011, Warsh was a partner at Duquesne Family Office.
Duquesne Family Office[olddocs-a review: narrowed to what the source document supports]
1 source
  • Kevin Warsh, ChairmanDocumentAfter leaving the Board in 2011, Mr. Warsh was the Shepard Family Distinguished Visiting Fellow in Economics at Stanford University's Hoover Institution and a lecturer at the Stanford Graduate School of Business. He was also a partner at Duquesne Family Office.
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Kevin Warsh took office as Federal Reserve chairman on May 22, 2026, for a four-year term ending May 21, 2030.
May 2026 to May 2030Board of Governors of the Federal Reserve SystemAlso chairs the FOMC; governor term runs to Jan. 31, 2040.
1 source
  • Kevin Warsh, ChairmanDocumentKevin Warsh took office as chairman of the Board of Governors of the Federal Reserve System on May 22, 2026, for a four-year term ending on May 21, 2030.
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Warsh previously served as a Federal Reserve governor from 2006 to 2011.
2006 to 2011Board of Governors of the Federal Reserve System
1 source

Figures

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Warsh sold over $100 million of shares in private investment vehicles days before taking office and refused to tell the Senate who bought them.$100M
"Over" $100M; buyer undisclosed.
1 source
  • www.banking.senate.govDocumentKevin Warsh, Chairman of the Board of Governors of the Federal Reserve System (Fed), refused to disclose to whom he sold over $100 million worth of shares in private investment vehicles just days before taking office at the Fed.

Topics

Conflicts of interest1