Fed Chair Kevin Warsh won't say who paid him $100 million days before taking office

Image from CNN coverage: Sen. Warren presses Fed Chair Kevin Warsh over undisclosed $100M+ payment received days before taking office; Wa…
Image: CNN
Subject of this story
Kevin Warsh, Chair of the Federal Reserve (Chairman, Board of Governors of the Federal Reserve System)
01 · What happened

A Newsweek clip shows Sen. Elizabeth Warren questioning Federal Reserve Chair Kevin Warsh at a Senate Banking Committee hearing about a check for more than $100 million he received days before entering office, tied to his required divestiture of holdings in the Juggernaut Funds and THSDFS LLC. Warsh declined to identify who paid him, instead citing his compliance with the Office of Government Ethics. Warren specifically asked whether billionaire investor Stanley Druckenmiller, with whom Warsh has a decade-long financial relationship, provided the funds; Warsh did not answer that question either. The exchange is corroborated by the official Senate Banking Committee record and C-SPAN's video of the hearing.

02 · Sources · 4
NewsweekOriginal post source; established national outlet clipping the hearing.
CNNIndependent confirmation from a separate major outlet; relied on search-result summary since direct fetch was blocked (451 error) in this pass.
SourceDocumentRaw video footage of the actual Senate hearing exchange — the primary record of the event itself.
SourceDocumentOfficial Senate committee record/transcript of the exchange, published by Warren's committee office. Confirms: Warsh refused to name the payer, stating only that he 'will fully comply with the Office of Government Ethics.'
03 · Response
Kevin Warsh

Contacted — no response by publication. This space stays open; any statement is added here in full.

Declined to comment
04 · What happened next · 0

No outcome recorded yet.

I saw an update