Kevin Warsh odds jump 27 points on Kalshi as Trump Fed chair race narrows
president Donald Trump addresses federal interest rate cuts and inflation in a roundtable with business leaders.
Traders on the Kalshi Prediction Market platform place odds on the president Donald Trump Kevin Warsh’s choice to succeed Federal Reserve Chairman Jerome Powell is 42%, an increase of 27 percentage points this week.
Kevin Hassett remains the most likely candidate to lead the world’s most powerful powers Central Bankand has a 50% chance despite being down 20 points.
Trading volume, or the total dollar amount bet in this market, is just over $10.2 million.
Trump says he has chosen the next Fed head as pressures on affordability mount
Christopher Waller’s probability dropped to 6% in the Calci Prediction Market. (everything)
Kalshi allows users to bet real money on everything from politics and economic policy to sports and pop culture, turning public sentiment into tradable market odds.
Trump said on Friday that his main nominees are former Federal Reserve Governor Kevin Warsh and National Economic Council Director Kevin Hassett.
“Yes, I think it is. I think you have Kevin and Kevin. Both of them – I think Kevin is great,” Trump said. “I think there are two other great people.”
Trump says Warsh and Hassett are top contenders to be Fed chairman
Hassett, Trump’s chief economic adviser, has been a staunch advocate for Trump’s economic agenda and currently serves as director of the White House National Economic Council.
National Economic Council Director Kevin Hassett is widely viewed as the front-runner for the top job at the Fed. (Kevin Deitch/Getty Images)
Hassett served in two positions during Trump’s first administration and advised Trump on economic policy during the 2024 presidential campaign.
Warsh, a Hassett rival with deep economic credentials, joined the Fed’s board of governors in 2006. At the time, the former Morgan Stanley banker was the youngest person to serve on the board.
A look at the ongoing battle between Trump and Powell over Federal Reserve policy
Kevin Warsh, former Governor of the Federal Reserve, was previously a banker at Morgan Stanley. (Tierney L. Cross/Bloomberg/Getty Images)
Warsh was among Trump’s leading candidates to replace Fed chairman Janet Yellen In 2017. Trump eventually appointed Powell to the position.
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More recently, he was considered a contender for Treasury secretary in Trump’s second administration before the president turned to former hedge fund boss Scott Besent.
2025-12-15 14:50:00
