Polymarket traders price Kevin Warsh above 90% after reports of a White House meeting with Trump.
A sharp price spike reflects rapid repricing as political signals replace long market uncertainty.
Trump plans to announce the Fed chair nominee as Jerome Powell’s term nears expiration.
Kevin Warsh Fed Chair Odds surged sharply after President Trump confirmed an imminent announcement of his Federal Reserve nominee. Prediction markets reacted to reports and social media signals that positioned Warsh as the leading candidate.
Prediction Markets Reprice on Political Signals
For months, Polymarket pricing reflected low conviction around Kevin Warsh’s chances to lead the Federal Reserve. Odds traded near the 10% to 20% range, showing that traders treated his candidacy as marginal.
The market shifted once reports surfaced of a direct meeting between Warsh and President Trump. Prices climbed through the 30% and 50% ranges in uneven steps, signaling active disagreement among participants.
A sharp rally followed a brief pullback, pushing odds beyond 80% in a near-vertical move.
Such movement indicated concentrated buying rather than gradual consensus formation.
Traders interpreted this surge as confirmation that new information entered circulation.
https://twitter.com/WatcherGuru/status/2017037348702158856?s=20
Rachel Bade posted on X that Trump was leaning toward Warsh for the role.
Her statement became a reference point for traders seeking confirmation of political intent.
https://twitter.com/vtg2/status/2017049798000435552?s=20
Polymarket volume exceeded $285 million, showing broad participation and sustained liquidity. The size of trading activity reduced the likelihood that the move was driven by thin market conditions.
Trump Signals Decision as Shortlist Narrows
President Trump told reporters that he would announce his nominee for Federal Reserve chair on Friday morning. He confirmed that the decision had already been made.
During a Cabinet meeting, Trump stated that the nominee would help the economy reach new levels. His remarks framed the decision as central to future economic performance.
On the reported shortlist were Kevin Warsh, Chris Waller, Rick Rieder, and Kevin Hassett.
Among these names, Warsh quickly emerged as the market favorite.
Bloomberg reported that the administration was preparing to put Warsh forward. Sources cautioned that the decision would remain unofficial until publicly announced.
This report pushed Warsh’s odds close to 95% on Polymarket. Traders interpreted the story as confirmation of earlier signals from social media.
Background and Political Context Surround the Nomination
Kevin Warsh previously served as a Federal Reserve governor from 2006 to 2011. He acted as a liaison to Wall Street during the 2008 financial crisis.
Before that role, Warsh worked as a special assistant to President George W. Bush. He also advised senior officials at the National Economic Council.
His experience placed him among candidates with direct exposure to monetary policy and crisis management. This history strengthened his profile within financial and political circles.
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