Trump hints Hassett stay, boosting Warsh's odds to chair the Fed
TL;DR Summary
President Trump signaled he may keep Kevin Hassett in his current White House role, sending the Fed chair race into a new phase as Kevin Warsh’s odds jumped. Prediction markets showed Warsh favored (Kalshi around 58%, Hassett about 17%), with Polymarket echoing the tilt, and markets reacting to the Trump remarks amid broader concerns tied to Powell’s situation and Senate confirmation dynamics. Analysts say Warsh would likely be dovish like Hassett but could shift if the economy strengthens, making the outcome contingent on political timing and Senate approvals.
- Warsh’s chances of becoming Fed chair jump as Trump suggests he doesn’t want Hassett in that job MarketWatch
- Opinion | Trump’s Fed lawfare backfired quickly The Washington Post
- Trump tells Hassett he wants to keep him where he is; Warsh Fed chair odds jump CNBC
- Trump Praises Hassett, but Casts Doubt on Making Him Fed Chair The New York Times
- Stock market today: Dow, S&P 500, Nasdaq steady as Trump wavers on Kevin Hassett as next Fed chair Yahoo Finance
Reading Insights
Total Reads
0
Unique Readers
11
Time Saved
22 min
vs 22 min read
Condensed
98%
4,392 → 88 words
Want the full story? Read the original article
Read on MarketWatch