Trump Hopes for Powell to Stay, Wash Fed Chair Nomination Odds Rise to 50%
BlockBeats News, January 22nd, Trump stated that he hopes the current White House National Economic Council Director Hassett will remain in his position. The Fed Chair candidacy has been narrowed down to two to three candidates, "I personally think the final candidate has most likely been locked in. Rick Rieder, Global Chief Investment Officer of BlackRock's Fixed Income, and Kevin Warsh, former Fed governor, are both suitable to serve as the next Fed Chair."
Following this news, the probability of Kevin Warsh being nominated as Fed Chair on Polymarket rose to 50%, Rieder's probability rose to 27%, and Hassett's probability fell to 5%.
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