Warsh's chances of becoming the next Federal Reserve chairman have surged, with Trump expressing his preference for him this Friday.

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Kevin Warsh's chances of becoming the next Federal Reserve chairman have surged, with Trump expressing preference for him. Prediction markets show his nomination probability rising significantly, while Kevin Hasset's odds have fallen.

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Kevin WarshFederal ReserveTrumpnominationprediction markets
According to Mars Finance, on December 14th, the probability of former Federal Reserve Governor Kevin Warsh becoming the next Federal Reserve Chairman surged. On the prediction market Polymarket, Warsh's probability of being nominated by Trump for Fed Chairman rose from 7% to 38%, while the probability of Kevin Hasset, Director of the National Economic Council, being nominated fell from a high of 85% to 52%. On the prediction market Kalshi, Warsh's probability of being nominated rose from 10% to 41%, while Hasset's probability fell from a high of 81% to 51%. When asked on Friday afternoon whether Warsh was the top candidate for Fed Chairman, Trump said, "Yes, I think he is. I think both Kevins are great." Trump then added, "And I think there are several other very good candidates." JPMorgan Chase CEO Jamie Dimon previously endorsed Warsh as the next Fed Chairman, calling him a "great chairman."

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