According to Foresight News, former U.S. Federal Reserve Governor Kevin Warsh is being considered by Donald Trump for the position of Treasury Secretary. This potential appointment comes as the current Federal Reserve Chair Jerome Powell's term is set to conclude in 2026, after which Warsh might also be nominated for the role of Federal Reserve Chair.
In related news, Kevin Warsh has been involved in significant financial ventures, including a notable blockchain startup. In April 2018, the blockchain project Basis successfully raised $133 million in funding. This investment round saw participation from prominent entities such as Google Ventures, Bain Capital, Andreessen Horowitz (a16z), Lightspeed Venture Partners, as well as individual investors like Kevin Warsh and Stanley Druckenmiller. This highlights Warsh's active engagement in both traditional finance and emerging financial technologies.