🇺🇸 Potential Successors to Lead the Federal Reserve: Polymarket Betting Odds
The decentralized prediction market Polymarket has begun trading on who might be named the next Chair of the U.S. Federal Reserve. Here’s a breakdown of the top contenders and their current odds:
1) Kevin Warsh – 28% Chance
Served as a Fed Governor from 2006 to 2011
Played a key role in coordinating between the Federal Reserve and Wall Street during the 2008 financial meltdown
Previously held an executive position at Morgan Stanley
Noted for favoring tighter monetary policy
2) Kevin Hassett – 24% Chance
Currently an economic advisor to former President Donald Trump
Co-wrote "Dow 36,000," which anticipated a massive stock market rise that materialized two decades later
Prominent supporter of corporate tax reform and pro-growth policies
3) Christopher Waller – 16% Chance
Serving as a member of the Federal Reserve Board of Governors
Former Director of Research at the Federal Reserve Bank of St. Louis
Respected for his deep knowledge of monetary policy, with a slightly hawkish reputation
4) Judy Shelton – 4% Chance
Vocal advocate for a return to the gold standard
Faced significant opposition during a previous nomination to the Fed
Former advisor to the European Bank for Reconstruction and Development
5) Michelle Bowman – 1% Chance
Currently sits on the Fed's Board of Governors
Previously led banking regulation efforts in Kansas as the State Bank Commissioner
Strong focus on supporting small and regional financial institutions
6) Scott Bessent – 1% Chance
Serves as U.S. Treasury Secretary
Former Chief Investment Officer at Soros Fund Management
Founded Key Square Group
Has limited experience with central banking and is reportedly not enthusiastic about the position
🔸 Additionally, there's a 28% chance that Donald Trump may delay naming a new Fed Chair until after the year ends, according to current market expectations on Polymarket.