Polymarket Odds Shift on Powell Exit After DOJ Probe; Warsh Overtakes Hassett for Fed Chair

Polymarket bettors cut the odds of Jerome Powell leaving the Fed by May 30 to 45% from 74%, and by year-end to 62% from 85%, after the DOJ opened a probe on Jan. 15, Polymarket data show. Kevin Warsh, a more hawkish candidate, has overtaken Kevin Hassett in Polymarket odds for next Fed chair.