Prediction markets favor Hassett, Warsh as Trump's top picks for Fed chair
Fox Business·2025-12-15 15:16

Group 1 - The prediction market platform Kalshi indicates a 42% chance that President Trump will select Kevin Warsh as the next Federal Reserve Chairman, marking a 27 percentage point increase this week [1] - Kevin Hassett remains the frontrunner with a 50% chance, despite experiencing a 20-point drop in his odds [1] - The total trading volume on this market is slightly over $10.2 million [1] Group 2 - Trump has identified Kevin Warsh and Kevin Hassett as his leading candidates for the Federal Reserve Chair position, expressing confidence in both [4][5] - Hassett, currently the director of the National Economic Council, has been a staunch supporter of Trump's economic policies and has held two roles during the first Trump administration [5][7] - Warsh, who served on the Federal Reserve Board of Governors starting in 2006, is noted for his deep economic credentials and was previously a candidate to replace Janet Yellen in 2017 [7][10]