Trump remarks send Kevin Warsh's Fed chair nomination odds above 60% on Polymarket
Remarks by President Trump on Jan. 17 about wanting White House National Economic Council Director Kevin Hassett to remain in his current role reshaped betting markets for the next Federal Reserve chair, BlockBeats reports. Polymarket data show Kevin Warsh's implied nomination probability has climbed above 60%, making him the leading candidate, while Hassett's odds have fallen to 15% after he said Warsh and Rieder would make "great" Fed chairs. Markets view Warsh as more hawkish than Trump ally Hassett but still expect him to support rate cuts alongside balance-sheet reduction, with Warsh having argued that inflation stems from Fed policy choices and predicted AI and deregulation will drive a productivity boom similar to the 1980s.