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Prediction markets favor Hassett, Warsh as Trump’s top picks for Fed chair

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2 hours ago

Traders on the prediction market platform Kalshi place the odds of President Donald Trump selecting Kevin Warsh to succeed Federal Reserve Chairman Jerome Powell at 42%, a 27 percentage point increase this week.Kevin Hassett remains the frontrunner to lead the world’s most powerful central bank, holding a 50% chance despite a 20-point drop.The trading volume, or the total dollar amount wagered on this market, is a little over $10.2 million.TRUMP SAYS HE’S CHOSEN NEXT FED CHAIR AS AFFORDABILITY PRESSURES RISEKalshi lets users bet real money on everything from politics and economic policy to spo...

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2 hours ago
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