Trump may withdraw Hassett’s nomination; Kevin Warsh leads in predictions for next Federal Reserve chair

Hassett appears inclined to continue serving in his current position, suggesting he is no longer pursuing the Federal Reserve Chair role.

Kevin Warsh’s probability of becoming the Federal Reserve Chair stands at around 60%, making him a frontrunner in this selection process.

Hassett’s odds of selection are around 15-16%, while current Governor Waller is estimated between 13-14%.

Jerome Powell’s term as Federal Reserve Chairman is scheduled to conclude on May 15, 2026, leaving space for the new appointment.