Kevin Wash becomes the top favorite to be the Federal Reserve Chair? Polymarket betting odds soar to 93%

January 30 News, as Trump is about to announce the nomination for the new Federal Reserve Chair, former Fed Governor Kevin Warsh’s support rate on the prediction platform has rapidly increased. Data shows that his nomination probability once rose to 93%, jumping from less than 40% to the market consensus level in a short period, indicating that funds are quickly converging on his victory.

Several media outlets reported that the Trump administration has regarded Warsh as a core candidate. Besides him, the final candidate list also includes National Economic Council Director Kevin Hassett, current Fed Governor Christopher Waller, and asset management executive Rick Rieder. Trump is expected to officially announce the result on Friday morning.

55-year-old Warsh previously served as a Fed Governor during George W. Bush and Barack Obama’s administrations and has been active in policy and academic circles for a long time. He has publicly regarded Bitcoin as a potential ‘digital gold,’ believing that its cyclical changes hold significant reference value for the traditional financial system. This stance has garnered him considerable attention among crypto investors.

In terms of monetary policy orientation, Warsh has always been seen as a representative of a tightening stance on inflation. Economist Alex Kruger pointed out that if Warsh advocates for more flexible interest rate adjustments in the current environment, it could send new signals to the market. Private wealth strategist James Thorne also believes that Warsh combines market credibility with policy flexibility, potentially establishing a more stable coordination between the White House, the Treasury Department, and the Federal Reserve.

However, some research institutions remind that his long-standing hawkish background may conflict with Trump’s desire to accelerate easing, and recent dovish statements may be strategic considerations. Regardless of the final outcome, this nomination process has already had a direct impact on dollar liquidity expectations, Bitcoin price trends, and risk asset sentiment, becoming an important variable in the macro-financial landscape of 2026.