The Kelsey prediction markets agree by the way with Hasset now back ahead of former Fed Governor Kevin Worsh who took the lead I think just this week. Hasset leading the odds today with a 53% chance of getting the nod. Worsh down to 34.While the market debates which Kevin could win the horse race, we wanted to ask what would be the real difference between them as far as the market can discern. Let's bring in Dan Clifton. He's head of policy research at Strategus.Dan, the task goes to you. I'm sure everyone ...

Traders work on the floor of the New York Stock Exchange on Dec. 11, 2025, in New York City.Spencer Platt | Getty ImagesThis is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Cold front2. The KevinsKevin Hassett, director of the National Economic Council (L), and Kevin Warsh, former governor of the U.S. Federal Reserve.ReutersFormer Federal Reserve Governor Kevin Warsh has made his way to t ...

Ed, the consensus is that Jay Powell is considering maybe sticking around, keeping his governor chair, even though his chairmanship is going to be ending next year. But you actually think that he would leave running the central bank earlier than his term ends. Yeah, Anne-Marie, I think the real question is, is that once you have a selection for chair, if the president has, as you know, kind of nominated someone, if the Senate approves that individual and maybe you look at kind of Steve Myron's term, it ends ...

Market Overview - Futures are modestly higher, with the dollar showing a decline due to a stronger Japanese yen, which is up 0.4% [2] - Yields have dropped below 4.1%, influenced by comments from Christopher Waller regarding negative job growth and a shift in focus towards the labor market rather than inflation [2] - Crude oil prices are approaching $60, which is seen as favorable for the inflation narrative [2] Upcoming Economic Data - Consumer sentiment data from the University of Michigan is expected to be released shortly, with predictions indicating a slight decline to 54 [3][10] - The Bureau of Labor Statistics (BLS) is attempting to recall furloughed employees to expedite the release of Consumer Price Index (CPI) data, anticipated by the end of the month [11] Earnings Season - The earnings season is set to commence on Tuesday, with major banks such as JP Morgan, Citigroup, Wells Fargo, and Goldman Sachs reporting [4][12] - The initial focus will be on banks and airlines, followed by large-cap tech companies later in the season [4] Federal Reserve Leadership - The list of candidates for the next Federal Reserve chairman has been narrowed down to five, including Kevin Hasset, Kevin Warsh, Michelle Bowman, Christopher Waller, and Rick Reeder [6][7] - Notably, James Bullard, a previous candidate, has not made it to the final five, which was unexpected [8]