Kevin Warsh’s odds to become Fed chair surge to 92% after Trump hints at familiar pick
Crypto Briefing
Kevin Warsh's odds to be the next Fed Chair jumped to 92% following President Trump's hint about a familiar nominee.Summary
Kevin Warsh has emerged as the frontrunner to become the next Federal Reserve Chair, with his odds surging to 92% on prediction markets like Polymarket and Kalshi, up significantly from under 40% the day before. This surge followed President Trump's statement that his choice would be a well-known financial figure, someone who could have held the role previously, and whose selection would not be a surprise. Warsh, a former Federal Reserve governor, is one of four finalists identified by Treasury Secretary Scott Bessent, alongside Christopher Waller, Rick Rieder, and Kevin Hassett. The announcement for the successor to current Fed Chair Jerome Powell, whose term ends in May 2026, is expected on January 30, 2026.
(Source：Crypto Briefing)