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Trump expected to tap Kevin Warsh for Fed chair as Polymarket odds jump to 95%

Multiple outlets report President Donald Trump plans to nominate former Fed governor Kevin Warsh as the next chair, with an official announcement expected Friday morning. Prediction markets swiftly repriced the race, with Polymarket moving from about 30% to 95% and Kalshi at 93%, while markets braced for a more hawkish policy tilt.