Warsh's 'Transaction' Unstuck: Fed Chair Nominee Clears OGE Hurdle, Eyes Hearing Date

Kevin Warsh just dropped his Office of Government Ethics paperwork like a degen ape dropping jpegs—except this one's actually getting him closer to the Fed chair seat. The Senate Banking Committee can finally schedule his confirmation hearing, assuming the bureaucratic gods are feeling generous.

The OGE filing had been the main logjam after the committee originally circled April 16 on the calendar like it was a presale mint date. Turns out, delivering 1,200-asset disclosures on time is harder than getting a refund from a rug pull. The administration fumbled the paperwork handoff, and the timeline slipped harder than a memecoin in a bear market.

Senate rules demand a week's notice before hearings—a grace period, really, for senators to prepare their performative questioning. With Warsh's docs finally in hand, the Banking Committee could slot him in as early as the week of April 21. Pro tip: hearings usually land on Tuesdays and Thursdays, because Congress loves arbitrary scheduling conventions.

Filling out the disclosure forms must have felt like auditing a small country's GDP. Warsh's wife, Jane Lauder—yes, that Lauder, heir to the beauty empire—is worth an estimated $1.9 billion. His 2006 filings listed nearly 1,200 assets, most of which belonged to her. At least we know Warsh can handle paperwork involving serious baggage.

Trump nominated Warsh on January 30 to take over from Jerome Powell, whose chair term expires May 15. The White House formally sent the nomination to the Senate on March 4, like a transaction waiting for on-chain confirmation