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Probability of Kevin Warsh becoming the next Federal Reserve Chairman surges, Trump favors him this Friday
Summary: According to reports, the probability of former Federal Reserve Governor Kevin Warsh becoming the next Federal Reserve Chairman has surged. On the prediction market Polymarket, Warsh's chances of being nominated by Trump as Federal Reserve Chairman have risen from 7% to 38%, while the nomination probability of Kevin Hassett, Director of the National Economic Council, ...
According to reports, the probability of former Federal Reserve Governor Kevin Warsh becoming the next Federal Reserve Chairman has surged. On the prediction market Polymarket, Warsh's chances of being nominated by Trump as Federal Reserve Chairman have risen from 7% to 38%, while the nomination probability of Kevin Hassett, Director of the National Economic Council, has dropped from a high of 85% to 52%. On the prediction market Kalshi, Warsh's nomination probability has increased from 10% to 41%, and Hassett's nomination probability has decreased from a high of 81% to 51%.
When asked this Friday afternoon whether Warsh is at the top of the list of candidates for Federal Reserve Chairman, Trump expressed his favor, saying, 'Yes, I think he is, I think both Kevins are great.' Trump then added, 'And I think there are several other excellent candidates as well.' Jamie Dimon, CEO of JPMorgan Chase, previously supported Warsh to become the next Federal Reserve Chairman, stating that he would be a great chairman.
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Link: Probability of Kevin Warsh becoming the next Federal Reserve Chairman surges, Trump favors him this Friday [Copy]
