Trump Says Fed Chair Candidate Wash Has Been Shortlisted Twice, Wash's Nomination Now Seems Certain

BlockBeats News, January 30th, 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 stood out. He told reporters: "He is an outstanding figure, and it won't surprise people. Many people think 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 chairperson was on Trump's list of candidates, Trump replied, "He's on my reliable list." Trump was standing on the red carpet of 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 set in stone yet, but a source close to Trump said that Warsh has basically received Trump's tacit approval.

Although the other final candidate, Rick Rieder of BlackRock, also went to the White House today, the market inferred from Trump's remarks that Kevin Warsh is the ultimate choice because Warsh is the only candidate who was shortlisted for Fed chair last time and is also among the candidates this time.

Currently on Polymarket, Kevin Warsh's nomination probability has risen to 96%.