Former US Federal Reserve Governor Kevin Wersh speaks to CNBC on July 17, 2025.
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Recently released financial disclosure forms show that Kevin Wersh’s wealth has surpassed that of all recent Federal Reserve chairmen.
Warsh is President Donald Trump’s nominee to replace Federal Reserve Chairman Jerome Powell. His financial filings show that Warsh has a stake of approximately $131 million to $209 million, with his wife, Jane Lauder, having hundreds of millions in additional assets.
That would make Wersch significantly wealthier than Powell, who was considered the richest Fed chair in history at the time of his 2018 confirmation. Powell’s most recent filing for 2025 shows assets between $19 million and $75 million.
Even the high-end figure for Warsh is almost certainly an underestimate. He detailed several assets reported to be in excess of $50 million with no upper limit.
Warsh declined to comment.
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