🚨 BTC$BTC Update: Kevin Warsh Becomes Favorite to Replace Jerome Powell
Prediction markets just flipped. Kevin Warsh is now the leading candidate to become the next Fed Chair, overtaking Kevin Hassett after pushback from Trump’s advisors.
Polymarket: Warsh 46% vs Hassett 44%
Kalshi: Warsh 52% vs Hassett 44%
(Just weeks ago, Hassett was sitting at ~85% odds.)
🧠 Why the shift?
Trump reportedly told WSJ that Warsh is at the top of his list. Advisors are concerned Hassett may be too close to Trump, risking Fed independence
Both candidates are seen as open to rate cuts, a key Trump priority
A more dovish Fed chair =
Lower rates sooner
Weaker dollar pressure
Stronger tailwinds for risk assets, equities, and crypto
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