Fed Chair Kevin Warsh Reports Up to $900,000 in Pet-Care Investments

Federal Reserve Chair Kevin Warsh disclosed six pet-care investments totaling $400,006 to $900,000 across two financial reports certified by the Office of Government Ethics on November 3. The purchases occurred in August and September and were listed under TAW LLC’s TAW Fund I-A LLC.

• Grub Club Pets and Luna Pet Healthcare each accounted for purchases of $100,001–$250,000, dated August 12 and August 13, respectively.
• LymeAlert, SoluPet and Wynwood Dog Food each accounted for purchases of $50,001–$100,000 during August 11–14.
• A September 18 investment in NanosVet was also valued at $50,001–$100,000.
• Four transactions involved equity and warrants. The SoluPet and Wynwood investments involved Simple Agreements for Future Equity, or SAFEs, plus warrants.
• Warsh signed the August transaction report on September 9 and the September transaction report on October 7. Agency ethics officials certified both reports on those respective dates.
• The disclosures provide transaction-value ranges rather than exact purchase amounts and do not identify who directed the underlying investment decisions.

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Editor’s Note: This is a developing story. This article may be updated as more details become available.