Trump Fed Pick Kevin Warsh Reveals Stake in Bitcoin Lightning Startup Flashnet
By Micah Zimmerman
Trump’s nominee for Federal Reserve chair, Kevin Warsh, disclosed an equity stake in Flashnet, a Bitcoin Lightning Network payments startup, in financial forms ahead of his Senate confirmation hearing. Warsh has publicly called Bitcoin an 'important asset' that signals Fed policy shortcomings on inflation. The disclosure also reveals his other investments exceeding $100 million, with pledges to divest conflicting assets.
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