⚠️The race for the next Federal Reserve Chair has shifted: Hassett may drop out, Warsh becomes the frontrunner National Economic Council Director Kevin Hassett recently stated publicly that Trump is more likely to want him to remain in his current position in the White House. This statement has been interpreted by the market as a sign that he has essentially withdrawn from the race for the next Federal Reserve Chair. Following Trump's public signal, the market is expected to quickly adjust its expectations. Kalshi and Polymarket data show: 1️⃣Former Federal Reserve Governor Kevin Warsh's probability of becoming the next Federal Reserve Chair has surged to approximately 60%, a clear lead. 2️⃣Hassett's chances of winning have declined to approximately 15%–16%. 3️⃣Current Governor Christopher Waller's chances are approximately 13%–14%. Previously, Warsh and Hassett were neck and neck. Analysts point out that Warsh has become the "clear frontrunner" for the first time. However, Trump's style on personnel matters is consistently unpredictable, and the final outcome remains uncertain. Currently, Waller and BlackRock executive Rick Reid are also considered leading candidates.