The probability of Waller becoming the next Federal Reserve Chairman surges, as Trump expresses his support for him this Friday.
BlockBeats News, December 14 — The probability of former Federal Reserve Governor Kevin Warsh becoming the next Fed Chair has surged. On the prediction market Polymarket, Warsh’s probability of being nominated by Trump as Fed Chair rose from 7% to 38%, while the probability for National Economic Council Director Kevin Hassett dropped from a high of 85% to 52%. On the prediction market Kalshi, Warsh’s probability of being nominated increased from 10% to 41%, while Hassett’s probability fell from a high of 81% to 51%.
This Friday afternoon, when asked whether Warsh was the top candidate for Fed Chair, Trump said, “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.” JPMorgan CEO Jamie Dimon previously supported Warsh as the next Fed Chair, stating that he would be a “great chairman.”
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