Trump pick to lead Federal Reserve has assets worth over $100m, disclosures indicate

Kevin Warsh, seeking to replace Fed chair, Jerome Powell, had to file financial disclosures for Senate approval

Kevin Warsh, the former Federal Reserve governor chosen by Donald Trump to lead the central bank, has submitted financial disclosures that suggest he holds assets worth well over $100m.

The document is required for his nomination to advance through the Senate, beginning with a yet-to-be-scheduled hearing.