Fed Chair Warsh resigns from Coupang board, unloads shares

Kevin Warsh has begun severing his ties to e-commerce giant Coupang, resigning from the board and moving to sell shares in the company to comply with federal ethics requirements tied to his new role as Federal Reserve chairman. Warsh filed a Form 144 with the US Securities and Exchange Commission on Friday disclosing plans to sell 102,363 shares of Coupang Class A stock through JP Morgan Securities, valued at roughly $1.68 million. The filing marks the first step in a broader divestiture after t

By The Korea Herald