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Yellen probability surpassed Washington to return to first place
BlockBeats News, December 17th, Federal Reserve Vice Chair Hasset's probability of becoming the next Federal Reserve Chairman has surpassed former Fed Governor Powell, reclaiming the top spot.
On the prediction market Polymarket, Powell's probability of being nominated as Federal Reserve Chairman by Trump has dropped to 30%, while Hasset's probability of being nominated has risen to 52%. On the prediction market Kalshi, Powell's nomination probability has decreased to 31%, while Hasset's nomination probability has increased to 50%.
Previously, U.S. Treasury Secretary Benson stated that there may be one to two more interviews for the Federal Reserve Chairman position this week. Trump has been very straightforward on policy-related questions during interviews. Both Powell and Hasset are "extremely qualified." Benson also refuted the notion that Hasset is ineligible to serve at the Fed, while also dismissing the view that a new Chairman would result in the Fed losing its independence.
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