DEENLIGHT

🏦 WHO IS THE NEXT FED CHAIR? The Race for the $20T Economy! 🇺🇸 ​As Jerome Powell’s term draws to a close in May 2026, the search for the most powerful person in finance is reaching a fever pitch. With a final decision expected as early as next week, here is the current shortlist of candidates that could redefine global monetary policy. ​🏆 The Current Front-Runners ​Kevin Warsh: The current favorite in prediction markets with roughly 60% odds. A former Fed Governor, Warsh is seen as a "credible independent" who could easily gain Senate approval. ​Kevin Hassett: Once the top contender, his chances dropped to ~17% after President Trump publicly suggested he might keep him in his current role as Director of the National Economic Council. ​Christopher Waller: A sitting Fed Governor known for his analytical rigor and impressive track record on inflation forecasting. ​Rick Rieder: The Chief Investment Officer at BlackRock, bringing deep private-sector expertise in fixed-income markets to the table. ​⚖️ What’s at Stake? ​The next Chair will inherit a delicate balancing act: ​Rate Policy: Trump has expressed a desire for significantly lower interest rates (targeting 1% or lower) to reduce national debt servicing costs. ​Independence: A major point of friction remains whether the next Chair will "consult" with the White House on rate decisions, a practice Trump has signaled he wants to revive. ​Market Stability: Treasury yields have already shown sensitivity to these rumors, ticking upward as the "Hassett favorite" narrative shifted toward Warsh. ​💡 Trader’s Note ​Watch the January FOMC meeting (Jan 27-28). Historical precedent suggests the next Chair could be announced around this window to ensure a smooth transition before May. ​Who do you think will get the nod? 🏛️ 🗳️ Warsh (Market Stability) 🗳️ Waller (Economic Continuity) 🗳️ Hassett (Trump Insider) ​#FedChair #WhoIsNextFedChair