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BTCC / BTCC Square / Global Cryptocurrency /
Polymarket Traders Shift Bets After Trump’s Ambiguous Remarks on Fed Chair Nominees

Polymarket Traders Shift Bets After Trump’s Ambiguous Remarks on Fed Chair Nominees

Author:
Global Cryptocurrency
Published:
2026-01-17 16:07:01
7
3
BTCCSquare news:

Polymarket's prediction markets whipsawed after former President Donald TRUMP made conspicuously noncommittal remarks about Kevin Hassett's potential nomination as Federal Reserve chair. At a White House event, Trump praised Hassett's television appearance but notably avoided confirming his candidacy, stating: "I actually want to keep you where you are."

The ambiguity triggered immediate repricing on Polymarket, where Hassett's implied probability dropped to 18% while Kevin Warsh's odds surged to 56%. This volatility reflects traders' interpretation of Trump's remarks as cooling on Hassett despite earlier signals he was a top contender.

Market participants now view the situation as a two-horse race between Warsh and Hassett, with current Fed Governor Christopher Waller remaining a distant third at 15%. The WHITE House's deliberate opacity has left 11 million contracts in play, demonstrating how political theater moves crypto prediction markets.

|Square

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