The odds of Powell becoming the next Federal Reserve chairman have surged, with Trump voicing favor for him this past Friday.
By: theblockbeats.news|2025/12/14 11:16:06
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BlockBeats News, December 14th, Former Federal Reserve Governor Kevin Warsh has seen a surge in probability to become the next Federal Reserve Chairman. On the prediction market Polymarket, Warsh's probability of being nominated as Federal Reserve Chairman by Trump has risen from 7% to 38%, while the probability of Kevin Hassett, Director of the U.S. National Economic Council, being nominated 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 on Friday afternoon whether Warsh topped the list of Federal Reserve Chairman candidates, 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 Chase CEO Jamie Dimon had previously supported Warsh to be the next Federal Reserve Chairman, calling him a "great chairman."
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