BlockBeats News, January 30. According to senior U.S. political reporter Rachael Bade, it was revealed that during an interview on Thursday, Trump discussed why the new Fed chair nominee stood out, telling reporters: “He is an outstanding person, and it won’t be too surprising to people. Many people believe this person should have been selected years ago. He is a respected person, a well-known figure in the financial world. I think this will be a very good choice. I hope so.” When asked if the chair nominee was on Trump’s list of candidates, Trump replied: “On my reliable list.” Trump was standing on the red carpet for the movie “Melania” at the time.
Trump met with the two final candidates for Fed chair on Thursday and is inclined to have Kevin Warsh succeed Powell. Reporter Rachael Bade said that nothing is final yet, but a source close to Trump said that Warsh has basically received Trump’s approval.
Although the other final candidate, Rick Rieder of BlackRock, also visited the White House today, the market inferred from Trump’s remarks that Kevin Warsh is the ultimate choice, as Warsh is the only candidate who was shortlisted for Fed chair last time and is also a candidate this time.
Currently on Polymarket, Kevin Warsh’s nomination probability has risen to 96%.
