Prediction markets favor Hassett, Warsh as Trump's top picks for Fed chair [FOX Business Network]
Morgan Stanley (MS)
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Source: FOX Business Network
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. Kalshi lets users bet real money on everything from politics and economic policy to sports and pop culture, transforming public sentiment into tradable market odds. Trump said on Friday that his two leading candidates are former Fed Governor Kevin Warsh and National Economic Council Director Kevin Hassett. "Yes, I think he is. I think you have Kevin and Kevin. They're both – I think the two Kevins are great," Trump said. "I think there are a couple of other people that are great." Hassett, Trump's top economic advisor, has been a lo
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