{"id":7041,"date":"2026-04-14T17:16:18","date_gmt":"2026-04-14T17:16:18","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2026\/04\/14\/trump-fed-pick-kevin-warsh-reveals-stake-in-bitcoin-lightning-startup-flashnet\/"},"modified":"2026-04-14T17:16:18","modified_gmt":"2026-04-14T17:16:18","slug":"trump-fed-pick-kevin-warsh-reveals-stake-in-bitcoin-lightning-startup-flashnet","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2026\/04\/14\/trump-fed-pick-kevin-warsh-reveals-stake-in-bitcoin-lightning-startup-flashnet\/","title":{"rendered":"Trump Fed Pick Kevin Warsh Reveals Stake in Bitcoin Lightning Startup Flashnet"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Trump Fed Pick Kevin Warsh Reveals Stake in Bitcoin Lightning Startup Flashnet<\/a><\/p>\n

<\/div>\n

Trump\u2019s nominee for Federal Reserve chair, Kevin Warsh, has disclosed<\/a> an equity stake in Bitcoin payments start-up Flashnet. The holding appeared in financial disclosure forms filed ahead of Warsh\u2019s Senate confirmation hearing, which could begin as soon as this week but will most likely start next week.<\/p>\n

Flashnet<\/a> positions itself as a lightning-style Bitcoin payment system for merchants and fintech platforms, part of a broader push to speed up and cheapen transactions on the Bitcoin network. Warsh\u2019s stake links the incoming Fed chief directly to a company whose fortunes depend on Bitcoin adoption and transaction volume, at a time when he has publicly framed Bitcoin as \u201can important asset\u201d and \u201ca very good policeman for policy.\u201d\u00a0<\/p>\n

During past comments, he has argued<\/a> that Bitcoin\u2019s price can signal when the Fed is behind the curve on inflation or financial conditions.<\/p>\n

The Fed chair oversees interest-rate policy and the regulatory environment that shapes liquidity conditions for all risk assets, including cryptocurrencies. Warsh has been cast in some corners of the industry as the first overtly pro\u2011Bitcoin Fed chair<\/a>, with supporters arguing that his familiarity with the asset class will help with institutional normalization rather than bias.\u00a0<\/p>\n

$100 million in filings for Warsh<\/h2>\n

Warsh disclosed other assets likely exceeding $100 million in the required ethics filings. His report lists massive investments, including stakes over $50 million in Juggernaut Fund LP and multimillion-dollar consulting income from Stanley Druckenmiller\u2019s firm, alongside numerous holdings in AI and other crypto ventures.\u00a0<\/p>\n

Warsh pledged to divest several opaque or potentially conflicting assets, a step ethics officials said would bring him into compliance. The filing advances his nomination to replace Jerome Powell<\/a>, with a Senate confirmation hearing expected as early as next week.<\/p>\n

The disclosure also included assets held by Warsh\u2019s spouse, Jane Lauder, whose family is tied to the Est\u00e9e Lauder Companies. Forbes estimates<\/a> her net worth at about $1.9 billion. Several of her municipal bond holdings were reported broadly, with some listed simply as \u201cover $1 million.\u201d<\/p>\n

Warsh reported relatively modest liabilities. These include a 2015 mortgage of up to $5 million from JPMorgan Chase at a 2.75% rate, a revolving line of credit of up to $5 million from PNC Bank at roughly 6%, and capital commitments totaling $1.95 million to THSDFS LLC, one of the holdings he has pledged to divest.<\/p>\n

Editorial Disclaimer:<\/strong>\u00a0We leverage AI as part of our editorial workflow, including to support research, image generation, and quality assurance processes. All content is directed, reviewed, and approved by our editorial team, who are accountable for accuracy and integrity.\u00a0AI-generated images use only tools trained on properly licensed material.<\/em>\u00a0In Bitcoin, as in media: Don\u2019t trust. Verify.<\/p>\n

This post Trump Fed Pick Kevin Warsh Reveals Stake in Bitcoin Lightning Startup Flashnet<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Trump Fed Pick Kevin Warsh Reveals Stake in Bitcoin Lightning Startup Flashnet Trump\u2019s nominee for Federal Reserve chair, Kevin Warsh, has disclosed an equity stake in Bitcoin payments start-up Flashnet. The holding appeared in financial disclosure forms filed ahead of Warsh\u2019s Senate confirmation hearing, which could begin as soon as this week but […]<\/p>\n","protected":false},"author":0,"featured_media":7042,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-7041","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=7041"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7041\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/7042"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=7041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=7041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=7041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}