Crypto Traders Increase Bets on Warsh After Trump Names Top Two Fed Chair Candidates
The post Crypto Traders Increase Bets on Warsh After Trump Names Top Two Fed Chair Candidates appeared on BitcoinEthereumNews.com.
Former Fed Governor Kevin Warsh has seen his odds of becoming the next Fed chair climb in recent days. This comes as crypto traders increase their bets on Warsh, as U.S. President Donald Trump has named his top two candidates to replace Jerome Powell. Crypto Traders Ramp Up Bet On Warsh Becoming Next Fed Chair Polymarket data shows that crypto traders have increased their bets on Warch becoming the next Fed chair. As a result, his odds of replacing Powell climbed from around 13% yesterday to 36% today. The former Fed governor is now also the second clear favorite for the role, only behind the Director of the National Economic Council, Kevin Hassett. Source: Polymarket There is currently a 56% chance that Trump will nominate Hassett as the next Fed chair. It is worth mentioning that Hassett’s odds had climbed to as high as 70% in recent weeks, but have now dropped as crypto traders also see the possibility of Warsh getting the nod. The surge in Warsh’s odds follows a WSJ report, which revealed that the U.S. president is leaning towards Warsh or Hassett to replace Powell. Trump has specifically remarked that he thinks that Warsh was at the top of his list, but also brought Hassett into the mix, suggesting that he will nominate either of them. As CoinGape reported, Trump interviewed the five Fed chair candidates this week, with Warsh reportedly impressing the president during the interview. The other candidates besides Hassett and Warsh are Fed Governors Chris Waller and Michelle Bowman, and BlackRock CIP Rick Rieder. Meanwhile, Trump again advocated for lower interest rates during his interview with the Wall Street Journal. He stated that the U.S. should have the lowest interest rates, with rates coming down to as low as 1%. The U.S. president also…
Filed under: News - @ December 13, 2025 2:23 pm