Prediction markets show Warsh as the clear favorite to become chairman of Federal Reserve, with Hassett trailing significantly
Svmuu News: Data from the prediction market Polymarket shows that Hassett’s probability of receiving the presidential nomination has dropped to 15%, putting him on par with Federal Reserve board member Woller, while KevinWarsh’s probability of being nominated has risen to over 60%, making him the clear front-runner and leaving other candidates far behind. Today, Donald Trump, when discussing White House National Economic Council Director Hassett, stated, “We want him to remain in his current position; we’ll have to wait and see.” ” This remark suggests that Donald Trump may have another candidate in mind for the chairmanship of Federal Reserve, and market expectations regarding the Federal Reserve chairmanship have shifted from a two-way race between Kevin Hassett and Kevin Warsh to Warsh holding a clear lead.It is worth noting that prior to today’s Donald Trump remarks, Hassett himself commented on the matter, stating, “Warsh and Rieder would also make excellent Federal Reserve chairmen.” Perhaps Hassett already has some insight into the Donald Trump final selection.
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