Market icon

Who will Trump nominate as Fed Chair?

Market icon

Who will Trump nominate as Fed Chair?

Kevin Warsh 92.6%

Judy Shelton 4.8%

Stephen Miran <1%

No one nominated before 2027 <1%

Polymarket

$546,922,792 Vol.

Kevin Warsh 92.6%

Judy Shelton 4.8%

Stephen Miran <1%

No one nominated before 2027 <1%

Polymarket

$546,922,792 Vol.

Market icon

Kevin Warsh

$44,002,411 Vol.

93%

Market icon

Judy Shelton

$98,861,004 Vol.

5%

Market icon

Stephen Miran

$20,686,918 Vol.

1%

Market icon

No one nominated before 2027

$20,436,623 Vol.

1%

Market icon

Michelle Bowman

$23,128,232 Vol.

<1%

Market icon

Christopher Waller

$24,741,706 Vol.

<1%

Market icon

Rick Rieder

$29,032,916 Vol.

<1%

Market icon

Kevin Hassett

$31,811,072 Vol.

<1%

Market icon

Bill Pulte

$24,500,475 Vol.

<1%

Market icon

David Malpass

$6,310,292 Vol.

<1%

Market icon

Howard Lutnick

$2,936,995 Vol.

<1%

Market icon

Arthur Laffer

$21,108,894 Vol.

<1%

Market icon

Larry Kudlow

$10,332,485 Vol.

<1%

Market icon

Jerome Powell

$27,748,142 Vol.

<1%

Market icon

Ron Paul

$12,626,618 Vol.

<1%

Market icon

Scott Bessent

$38,306,323 Vol.

<1%

Market icon

James Bullard

$2,753,622 Vol.

<1%

Market icon

Marc Sumerlin

$4,286,806 Vol.

<1%

Market icon

David Zervos

$17,906,675 Vol.

<1%

Market icon

Lorie K. Logan

$2,855,241 Vol.

<1%

Market icon

Philip Jefferson

$10,797,099 Vol.

<1%

Market icon

Janet Yellen

$21,311,692 Vol.

<1%

Market icon

Larry Lindsey

$6,046,959 Vol.

<1%

Market icon

Barron Trump

$20,879,941 Vol.

<1%

Market icon

Donald Trump

$23,508,646 Vol.

<1%

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
$546,922,792
End Date
Dec 31, 2026
Created At
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.

Beware of external links.

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 93%, followed by "Judy Shelton" at 5%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 93¢ implies that the market collectively assigns a 93% 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 $546.9 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 93%, meaning the market assigns a 93% chance to that outcome. The next closest outcome is "Judy Shelton" at 5%. 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.