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Kevin Warsh odds jump to 93% on Polymarket as Trump’s Fed chair pick looms

The Block
Kevin Warsh's odds to be Trump's Fed chair pick surged to 93% on Polymarket ahead of the expected announcement.

Summary

Kevin Warsh, a former Federal Reserve governor, has become the leading candidate for President Trump's next Fed chair, with his nomination odds on Polymarket jumping to 93% and 94% on Kalshi. This surge followed media reports that the Trump administration was preparing to nominate him, with the official announcement anticipated on Friday morning. The shortlist also reportedly includes Kevin Hassett, Christopher Waller, and Rick Rieder. Warsh, who served on the Fed Board from 2006 to 2011, has previously expressed relatively positive views on Bitcoin. Market analysts view Warsh as a monetary hawk who combines market credibility with a willingness to reset policy, though some critics caution that his recent dovish rhetoric might be situational and could clash with Trump's desire for rapid easing.

(Source:The Block)