Kevin Warsh has emerged as the clear frontrunner in the race to become the next Federal Reserve Chair, according to the latest data from Polymarket, the leading prediction market platform. The market is currently pricing in a 53% probability that Kevin Warsh will ultimately secure the position.

Meanwhile, other potential candidates show significantly lower chances: Rick Rieder's likelihood has climbed to 27%, Christopher Waller sits at 11%, and Kevin Hassett trails at 5%. According to reporting by Odaily, these shifting probabilities reflect market expectations about who policymakers might select to lead the central bank's monetary policy decisions in the coming term.