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Who will Trump nominate as Fed Chair?

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Who will Trump nominate as Fed Chair?

Kevin Warsh 100.0%

Kevin Hassett <1%

Christopher Waller <1%

Bill Pulte <1%

Polymarket

$617,333,690 Vol.

Kevin Warsh 100.0%

Kevin Hassett <1%

Christopher Waller <1%

Bill Pulte <1%

Polymarket

$617,333,690 Vol.

Will Trump nominate Kevin Warsh as the next Fed chair? icon

Kevin Warsh

$59,907,151 Vol.

Yes

Will Trump nominate Kevin Hassett as the next Fed chair? icon

Kevin Hassett

$36,122,906 Vol.

No

Will Trump nominate Christopher Waller as the next Fed chair? icon

Christopher Waller

$29,229,522 Vol.

No

Will Trump nominate Bill Pulte as the next Fed chair? icon

Bill Pulte

$24,537,485 Vol.

No

Will Trump nominate Judy Shelton as the next Fed chair? icon

Judy Shelton

$127,684,065 Vol.

No

Will Trump nominate David Malpass as the next Fed chair? icon

David Malpass

$6,336,305 Vol.

No

Will Trump nominate Howard Lutnick as the next Fed chair? icon

Howard Lutnick

$2,959,996 Vol.

No

Will Trump nominate Arthur Laffer as the next Fed chair? icon

Arthur Laffer

$21,154,894 Vol.

No

Will Trump nominate Larry Kudlow as the next Fed chair? icon

Larry Kudlow

$10,383,485 Vol.

No

Will Trump nominate Jerome Powell as the next Fed chair? icon

Jerome Powell

$27,875,357 Vol.

No

Will Trump nominate Ron Paul as the next Fed chair? icon

Ron Paul

$12,652,618 Vol.

No

Will Trump nominate Stephen Miran as the next Fed chair? icon

Stephen Miran

$22,847,635 Vol.

No

Will Trump nominate Scott Bessent as the next Fed chair? icon

Scott Bessent

$38,740,980 Vol.

No

Will Trump nominate James B. Bullard as the next Fed chair? icon

James Bullard

$2,765,622 Vol.

No

Will Trump nominate Marc Sumerlin as the next Fed chair? icon

Marc Sumerlin

$4,328,815 Vol.

No

Will Trump nominate David Zervos as the next Fed chair? icon

David Zervos

$17,922,567 Vol.

No

Will Trump nominate Rick Rieder as the next Fed chair? icon

Rick Rieder

$35,603,625 Vol.

No

Will Trump nominate Michelle Bowman as the next Fed chair? icon

Michelle Bowman

$26,000,157 Vol.

No

Will Trump nominate Lorie K. Logan as the next Fed chair? icon

Lorie K. Logan

$2,867,241 Vol.

No

Will Trump nominate Philip Jefferson as the next Fed chair? icon

Philip Jefferson

$10,813,099 Vol.

No

Will Trump nominate Janet Yellen as the next Fed chair? icon

Janet Yellen

$21,325,692 Vol.

No

Will Trump nominate Larry Lindsey as the next Fed chair? icon

Larry Lindsey

$6,059,959 Vol.

No

Will Trump nominate Barron Trump as the next Fed chair? icon

Barron Trump

$20,907,361 Vol.

No

Will Trump nominate himself as the next Fed chair? icon

Donald Trump

$23,577,646 Vol.

No

Will Trump nominate no one before 2027? icon

No one nominated before 2027

$24,724,503 Vol.

No

This market will resolve according to the next individual Donald Trump, as President of the United States, formally nominates to be Chair of the Federal Reserve by December 31, 2026, 11:59 PM ET. Formal nominations are defined as the submission of a nomination message to the U.S. Senate. Acting or interim appointments will not count unless the individual is formally nominated to be Chair of the Federal Reserve by submission of a nomination message to the U.S. Senate. The primary resolution source for this market will be official information from the U.S. Senate (see: https://www.senate.gov/legislative/nominations_new.htm), however a consensus of credible reporting may also be used.

This market will resolve according to the next individual Donald Trump, as President of the United States, formally nominates to be Chair of the Federal Reserve by December 31, 2026, 11:59 PM ET.

Formal nominations are defined as the submission of a nomination message to the U.S. Senate.

Acting or interim appointments will not count unless the individual is formally nominated to be Chair of the Federal Reserve by submission of a nomination message to the U.S. Senate.

The primary resolution source for this market will be official information from the U.S. Senate (see: https://www.senate.gov/legislative/nominations_new.htm), however a consensus of credible reporting may also be used.
Volume
$617,333,690
End Date
Dec 31, 2026
Market Opened
Aug 5, 2025, 1:21 PM ET
This market will resolve according to the next individual Donald Trump, as President of the United States, formally nominates to be Chair of the Federal Reserve by December 31, 2026, 11:59 PM ET. Formal nominations are defined as the submission of a nomination message to the U.S. Senate. Acting or interim appointments will not count unless the individual is formally nominated to be Chair of the Federal Reserve by submission of a nomination message to the U.S. Senate. The primary resolution source for this market will be official information from the U.S. Senate (see: https://www.senate.gov/legislative/nominations_new.htm), however a consensus of credible reporting may also be used.

Outcome proposed: Yes

Disputed

Outcome proposed: Yes

Disputed

Final outcome: Yes

This market will resolve according to the next individual Donald Trump, as President of the United States, formally nominates to be Chair of the Federal Reserve by December 31, 2026, 11:59 PM ET. Formal nominations are defined as the submission of a nomination message to the U.S. Senate. Acting or interim appointments will not count unless the individual is formally nominated to be Chair of the Federal Reserve by submission of a nomination message to the U.S. Senate. The primary resolution source for this market will be official information from the U.S. Senate (see: https://www.senate.gov/legislative/nominations_new.htm), however a consensus of credible reporting may also be used.

This market will resolve according to the next individual Donald Trump, as President of the United States, formally nominates to be Chair of the Federal Reserve by December 31, 2026, 11:59 PM ET.

Formal nominations are defined as the submission of a nomination message to the U.S. Senate.

Acting or interim appointments will not count unless the individual is formally nominated to be Chair of the Federal Reserve by submission of a nomination message to the U.S. Senate.

The primary resolution source for this market will be official information from the U.S. Senate (see: https://www.senate.gov/legislative/nominations_new.htm), however a consensus of credible reporting may also be used.
Volume
$617,333,690
End Date
Dec 31, 2026
Market Opened
Aug 5, 2025, 1:21 PM ET
This market will resolve according to the next individual Donald Trump, as President of the United States, formally nominates to be Chair of the Federal Reserve by December 31, 2026, 11:59 PM ET. Formal nominations are defined as the submission of a nomination message to the U.S. Senate. Acting or interim appointments will not count unless the individual is formally nominated to be Chair of the Federal Reserve by submission of a nomination message to the U.S. Senate. The primary resolution source for this market will be official information from the U.S. Senate (see: https://www.senate.gov/legislative/nominations_new.htm), however a consensus of credible reporting may also be used.

Outcome proposed: Yes

Disputed

Outcome proposed: Yes

Disputed

Final outcome: Yes

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Frequently Asked Questions

"Who will Trump nominate as Fed Chair?" is a prediction market on Polymarket with 25 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "Kevin Warsh" at 100%, followed by "Kevin Hassett" at 0%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 100¢ implies that the market collectively assigns a 100% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Who will Trump nominate as Fed Chair?" has generated $617.3 million in total trading volume since the market launched on Aug 5, 2025. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Who will Trump nominate as Fed Chair?," browse the 25 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "Who will Trump nominate as Fed Chair?" is "Kevin Warsh" at 100%, meaning the market assigns a 100% chance to that outcome. The next closest outcome is "Kevin Hassett" at 0%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "Who will Trump nominate as Fed Chair?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.