Kevin Warsh is surging in the race for the Fed's leadership and reaches a 40% chance
Markets are already pricing in a turnaround. Data from Polymarket, released by Odaily, shows that the probability of Kevin Warsh taking over the presidency of the Federal Reserve has jumped dramatically from 13% to 40% in just three days, following clear signals from Donald Trump.
As Warsh gains traction, Kevin Hassett loses ground: his chances have plummeted from 73% to 52%, indicating a rapid shift in favoritism. On December 13, Trump was direct in stating that his decision boils down to "two Kevins" Kevin Warsh and Kevin Hassett.
The market reading is clear: Warsh has entered the radar as the top priority and may be the name chosen to lead the Fed, raising the risk of an aggressive shift in U.S. monetary policy.