Michael Hassett’s Fed Chair Odds Drop to 44%

Polymarket odds reduce Kevin Hassett’s chance of succeeding Jerome Powell as Federal Reserve Chair to 44%, with Janet Yellen and Powell’s probabilities at 33% and 11%, respectively.

The leadership shift could impact cryptocurrency markets, notably Bitcoin and Ethereum, due to potential interest rate policy changes under new Fed leadership.

Polymarket Odds Reflect Fed Chair Race Dynamics

Michael Hassett’s probability for becoming the next Federal Reserve Chair has declined to 44% on Polymarket, driven by market data as of December 31st. Meanwhile, Yellen’s likelihood of selection has risen to 33%, narrowing the competition between the final candidates.

With current Fed Chair Jerome Powell receiving an 11% probability, the landscape in Federal Reserve leadership predictions portrays significant dynamics. President Trump is expected to announce his nomination in January 2026, heightening anticipation around potential changes.

Administration drives job growth with ‘plenty of room for the Fed to lower rates.’ — Kevin Hassett, Director of the National Economic Council

Federal Reserve Leadership Change: Market Implications

Did you know? The proposed leadership shift at the Federal Reserve is reminiscent of market reactions during Trump’s first term, with economic policy adjustments significantly impacting financial markets.

Bitcoin (BTC), priced at $87,984.31, maintains a market cap of $1.76 trillion, reflecting a 58.96% dominance. According to CoinMarketCap, BTC’s 24-hour trading volume hit $33.60 billion, with a slight decline of 0.26% in 24 hours, but showed a 1.32% increase over the last 7 days, while witnessing a 20.15% fall in the past 60 days.

The Coincu research team highlights that a potential leadership change at the Fed could impact monetary policy, influencing assets like BTC and ETH. Past shifts under Trump’s first term showed heightened volatility in financial markets and broader economic implications following rate adjustments.