Prediction markets show Waller as the top contender for Federal Reserve Chair
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According to prediction market Polymarket data, the probability of Kevin Warsh being nominated as Federal Reserve Chair has risen to over 60%, making him the frontrunner. The probability of Hassett being nominated has dropped to 15%, which is now on par with Federal Reserve Governor Waller. Today, Trump stated that he hopes Hassett will continue to serve as Director of the White House National Economic Council, suggesting that the candidate for Federal Reserve Chair may be someone else. Hassett himself also stated that Warsh and Rieder would both make great Federal Reserve Chairs.
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