U.S. Treasury Secretary says Trump may announce Federal Reserve chair candidate as soon as next week, with Warsh's odds skyrocketing to 61%
According to Reuters, on January 20, U.S. Treasury Secretary Mnuchin stated that President Trump may announce his nominee for Federal Reserve chair as early as next week.
In an interview with CNBC, Mnuchin revealed that the candidate list has been narrowed down to four, and Trump has interviewed all of them. They are: White House economic advisor Kevin Hassett, Federal Reserve governor Christopher Waller, former Federal Reserve governor Kevin Warsh, and BlackRock's Chief Investment Officer for Global Fixed Income Rick Rieder.
According to prediction platform Polymarket, as of January 20, Kevin Warsh has become the frontrunner to be the next Federal Reserve chair, with his odds skyrocketing to 61%. Rick Rieder's odds have risen to 20.2%, placing him second on the prediction list, while previously leading White House economic advisor Hassett's odds have dropped to 6%.
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According to Reuters, on January 20, U.S. Treasury Secretary Mnuchin stated that President Trump may announce his nominee for Federal Reserve chair as early as next week.
In an interview with CNBC, Mnuchin revealed that the candidate list has been narrowed down to four, and Trump has interviewed all of them. They are: White House economic advisor Kevin Hassett, Federal Reserve governor Christopher Waller, former Federal Reserve governor Kevin Warsh, and BlackRock's Chief Investment Officer for Global Fixed Income Rick Rieder.
According to prediction platform Polymarket, as of January 20, Kevin Warsh has become the frontrunner to be the next Federal Reserve chair, with his odds skyrocketing to 61%. Rick Rieder's odds have risen to 20.2%, placing him second on the prediction list, while previously leading White House economic advisor Hassett's odds have dropped to 6%.
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