The billionaires club that is the trump government is poised to get another member.

[berg80]

Fed nominee Warsh filings detail vast wealth, far exceeding past chairs​

Kevin Warsh’s wealth eclipses that of all recent Federal Reserve chairs, newly released financial disclosure forms show.

Warsh is President Donald Trump’s nominee to succeed Federal Reserve Chair Jerome Powell. His financial filings show that Warsh has holdings of approximately $131 million to $209 million, plus hundreds of millions in additional assets held by his wife, Jane Lauder.

Lauder sits on the board of Estee Lauder, the cosmetics firm founded by her grandmother. Warsh’s filings detail tens of millions of assets in her name, but many are listed as simply “over $1,000,000.” Forbes estimates her wealth at $1.9 billion.

Fed nominee Warsh filings detail vast wealth, far exceeding past chairs

Kevin Warsh, nominee to lead the Federal Reserve, detailed his holdings in newly released financial disclosures.

www.cnbc.com

Personally, I think there is some value to be found in government officials not being among the 1% in terms of wealth. Being able to relate to the struggles of everyday Americans adds an essential perspective to the official's work. Plutocracies have historically not faired particularly well. This one hasn't either.

 

[Meister]

With your wealth envy meter, what is your cutoff for holding a fed reserve position?
Forget his ability and knowledge, that should be thrown out because he exceeds
the wealth meter.

 

[TNHarley]

Fed nominee Warsh filings detail vast wealth, far exceeding past chairs​

Kevin Warsh’s wealth eclipses that of all recent Federal Reserve chairs, newly released financial disclosure forms show.

Warsh is President Donald Trump’s nominee to succeed Federal Reserve Chair Jerome Powell. His financial filings show that Warsh has holdings of approximately $131 million to $209 million, plus hundreds of millions in additional assets held by his wife, Jane Lauder.

Lauder sits on the board of Estee Lauder, the cosmetics firm founded by her grandmother. Warsh’s filings detail tens of millions of assets in her name, but many are listed as simply “over $1,000,000.” Forbes estimates her wealth at $1.9 billion.

Fed nominee Warsh filings detail vast wealth, far exceeding past chairs

Kevin Warsh, nominee to lead the Federal Reserve, detailed his holdings in newly released financial disclosures.

www.cnbc.com

Personally, I think there is some value to be found in government officials not being among the 1% in terms of wealth. Being able to relate to the struggles of everyday Americans adds an essential perspective to the official's work. Plutocracies have historically not faired particularly well. This one hasn't either.

So smart and ambitious people is a big no-no, but using emotion is ok?

 

[Care4all]

So smart and ambitious people is a big no-no, but using emotion is ok?

Nah, but Warsh is ALL OVER the Epstein files and island visits.....from what is being said???

 

[TNHarley]

Nah, but Warsh is ALL OVER the Epstein files and island visits.....from what is being said???

Damn. Sure was.

 

[Silent Warrior]

It is just terrible to have intelligent successful wealthy people in charge. We should try someone totally unintelligent, unsuccessful and wealthy who will let their non-elected staffers run the country. Oh, wait. We tried that.

 

[martybegan]

Fed nominee Warsh filings detail vast wealth, far exceeding past chairs​

Kevin Warsh’s wealth eclipses that of all recent Federal Reserve chairs, newly released financial disclosure forms show.

Warsh is President Donald Trump’s nominee to succeed Federal Reserve Chair Jerome Powell. His financial filings show that Warsh has holdings of approximately $131 million to $209 million, plus hundreds of millions in additional assets held by his wife, Jane Lauder.

Lauder sits on the board of Estee Lauder, the cosmetics firm founded by her grandmother. Warsh’s filings detail tens of millions of assets in her name, but many are listed as simply “over $1,000,000.” Forbes estimates her wealth at $1.9 billion.

Fed nominee Warsh filings detail vast wealth, far exceeding past chairs

Kevin Warsh, nominee to lead the Federal Reserve, detailed his holdings in newly released financial disclosures.

www.cnbc.com

Personally, I think there is some value to be found in government officials not being among the 1% in terms of wealth. Being able to relate to the struggles of everyday Americans adds an essential perspective to the official's work. Plutocracies have historically not faired particularly well. This one hasn't either.

The actual threat is from career politicians that have to make their wealth via graft and their offices.

 

[Winco]

Forget his ability and knowledge,

A pattern has been established and ability and knowledge are NOT requirements.
Loyalty and Donations are the leaders in getting a job.

It's a dangerous trend, but the trump cult just looks the other way.

 

[martybegan]

A pattern has been established and ability and knowledge are NOT requirements.
Loyalty and Donations are the leaders in getting a job.

It's a dangerous trend, but the trump cult just looks the other way.

As opposed to the "pick a person because they fit some DEI slot we need to fill" approach...

Why would someone pick a person for their Cabinet that doesn't agree with their policy goals?

 

[Winco]

As opposed to the "pick a person because they fit some DEI slot we need to fill" approach...

Why would someone pick a person for their Cabinet that doesn't agree with their policy goals?

So Linda McMahon is a DEI hire.
A woman, trump needed a woman to fill a slot, as you say, so he nominated a severely unqualified woman to Secretary of Education.

See, trump hires DEI too.
She certainly got the nomination strictly by who she is (DEI) and nothing to do with qualifications.

 

[martybegan]

So Linda McMahon is a DEI hire.
A woman, trump needed a woman to fill a slot, as you say, so he nominated a severely unqualified woman to Secretary of Education.

See, trump hires DEI too.
She certainly got the nomination strictly by who she is (DEI) and nothing to do with qualifications.

Why?

Her policy goals aligned with his, and her being a woman is not a factor.

Why was she unqualified?

 

[C_Clayton_Jones]

Fed nominee Warsh filings detail vast wealth, far exceeding past chairs​

Kevin Warsh’s wealth eclipses that of all recent Federal Reserve chairs, newly released financial disclosure forms show.

Warsh is President Donald Trump’s nominee to succeed Federal Reserve Chair Jerome Powell. His financial filings show that Warsh has holdings of approximately $131 million to $209 million, plus hundreds of millions in additional assets held by his wife, Jane Lauder.

Lauder sits on the board of Estee Lauder, the cosmetics firm founded by her grandmother. Warsh’s filings detail tens of millions of assets in her name, but many are listed as simply “over $1,000,000.” Forbes estimates her wealth at $1.9 billion.

Fed nominee Warsh filings detail vast wealth, far exceeding past chairs

Kevin Warsh, nominee to lead the Federal Reserve, detailed his holdings in newly released financial disclosures.

www.cnbc.com

Personally, I think there is some value to be found in government officials not being among the 1% in terms of wealth. Being able to relate to the struggles of everyday Americans adds an essential perspective to the official's work. Plutocracies have historically not faired particularly well. This one hasn't either.

Obscene wealth is not a criterion to be qualified as Federal Reserve chair.

Unfortunately, he’ll likely be a Trump sycophant, acting at the behest of Trump, not what’s best for the economy.

 

[Winco]

Why?

Her policy goals aligned with his, and her being a woman is not a factor.

Why was she unqualified?

A1 is not an education thing.
How does one mix up A1 sauce with AI?



What qualifications does she have?

 

[Meister]

Obscene wealth is not a criterion to be qualified as Federal Reserve chair.

True, but it shouldn't be a fed reserve position killer either.

 

[martybegan]

A1 is not an education thing.
How does one mix up A1 sauce with AI?



What qualifications does she have?

She's a parent and has administrative exerience.

How does being a teacher qualify someone for being head of the Department of Education?

 

[Winco]

How does being a teacher qualify someone for being head of the Department of Education?

 

[martybegan]

View attachment 1243987

Do you think a Corporal Can lead a Field Army?

 

[Meister]

View attachment 1243987

oh brother ...........

 

[August West]

So smart and ambitious people is a big no-no, but using emotion is ok?

Our smart and ambitious president was gifted $400 million dollars by daddy.

 

[Lockback]

berg80 just can't stop masturbating to Trump ... starting thread after thread after thread every single day in honor of the man who completely OWNS him.

"I OWN berg80. It's pretty funny, actually. He just can't stop himself ... he adores me. Everybody does. I'm the man he wishes he could be. But never will be, sadly. Because I'm in a class of one. Just me."