🔥 BitDegree partnered with Ogvio - a free international money transfer service! Join the waitlist & grab Rewards! 🎁

Prediction Markets Polymarket and Kalshi Favor Kevin Hassett for Fed Chair Role

Key Takeaways

  • ​Kevin Hassett leads betting odds on Polymarket and Kalshi to replace Jerome Powell as the next Federal Reserve chair;
  • Hassett’s Coinbase ties and work on digital asset policy make him a standout crypto-linked candidate for the Fed role;
  • Crypto supporters, including Custodia Bank’s Caitlin Long, see Hassett’s potential appointment as a major shift in Fed policy.

Stop overpaying - start transferring money with Ogvio. Join the waitlist & grab early Rewards NOW! 🎁

Prediction Markets Polymarket and Kalshi Favor Kevin Hassett for Fed Chair Role

Prediction market platforms Polymarket and Kalshi have identified Kevin Hassett as the current favorite to succeed Jerome Powell as the next head of the Federal Reserve.

Hassett, who led the National Economic Council during Donald Trump’s presidency, holds the highest odds among potential candidates, about 66% on Polymarket and 74% on Kalshi.

Hassett has served on Coinbase’s $1.85B Academic and Regulatory Advisory Council and reported owning shares in the exchange valued in the seven-figure range.

What is Solana in Crypto? (Beginner-Friendly Animation)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

During his time at the White House, he also helped guide a working group focused on digital assets. These roles have made him one of the most crypto-connected figures ever considered for the Fed’s top position.

Supporters of digital currencies have shown strong interest in his possible appointment. Caitlin Long, founder and CEO of Custodia Bank in Wyoming, stated on X:

If this comes true & Hassett does become Fed chairman, anti-crypto people at the Fed who still hold positions of power will finally be out (well, most of them anyway). BIG changes will be coming to the Fed.

Hassett has long been active in Republican economic policy and previously advised President Trump on fiscal matters. His experience and policy record have helped him emerge as a credible candidate for traders betting on leadership changes at the central bank.

The Ultimate Fighting Championship (UFC) recently partnered with Polymarket through a long-term agreement with TKO Group Holdings. What is the goal of the partnership? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

Loading...
binance
×
Verified

GET EARLY REWARDS

Join Ogvio Waitlist
Rating
5.0