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Former Federal Reserve governor Kevin Warsh’s odds of becoming President Donald Trump’s pick as the next chair of the Federal Reserve jumped on Saturday — with prediction markets pricing in a greater chance that Warsh will get the nod after Trump indicated he was a finalist for the role, while JPMorgan Chase CEO Jamie Dimon also reportedly signaled his support.
Warsh’s odds of being Trump’s nominee for Fed chair had spiked on prediction markets
Kalshi and Polymarket by 17 and 24 percentage points, respectively, at last check — though top White House economic adviser Kevin Hassett was still the favorite, with at least a 50% chance on both markets.
This post was originally published on Market Watch
