Polymarket Odds for Bitcoin Ally Kevin Warsh Soar to 94%

US President Donald Trump is expected to announce on Friday his intention to nominate Bitcoin-friendly Kevin Warsh as the next chairman of the Federal Reserve, replacing Jerome Powell, whose term ends in May.

Trump said Thursday he would announce Friday morning his choice to replace current central bank Chairman Jerome Powell, whose term ends in May, with BloombergThe Wall Street Journal and The New York Times report that the president is set to announce Warsh’s nomination.

“I’m going to announce, I think, a very good choice tomorrow,” Trump said while arriving at the premiere of first lady Melania Trump’s documentary.

Trump was reportedly meeting with Warsh at the White House, according to a Reuters report. adage that he impressed the president.

As a result, Warsh’s chances of being named the next chairman of the Federal Reserve jumped from 30% to 94% on the Polymarket prediction market, with former favorite BlackRock executive Rick Rieder seeing his odds at 3.4%.

Trump’s rhetoric puts Warsh ahead of the pack

Kevin Warsh, director of the National Economic Council; Kevin Hassett, BlackRock executive; Rick Reider; and Fed Governor Christopher Waller were the final four candidates.

Trump seemed determined in his decision, as he said: “It will be someone who will be very respected, someone who will be known to everyone in the financial world. »

“And I think it will be a very good choice,” Trump added.

Trump has long mentioned Warsh as one of his top candidates for the job and met with the US president in December for his official interview.

Warsh served as Fed governor for five years after being appointed by President George W. Bush. He was also considered by Trump in 2017 for the role of Fed chairman, which ultimately went to Jerome Powell.

“A lot of people think this is someone who could have been here a few years ago,” Trump told reporters Thursday evening.

TRUMP ON HIS CHOICE FOR FED CHAIRMAN “WON’T BE TOO SURPRISING”

“A lot of people think this is someone who could have been there a few years ago. It will be someone who is very respected, someone who is known to everyone in the financial world.” – @POTUS pic.twitter.com/btEb38FDsH

– The Voice of Real America (RAV) (@RealAmVoice) January 30, 2026

Trump continued attacks on Powell, saying Fed chair should cut spending interest rate.

This also benefits crypto, as Warsh has a much more favorable view of Bitcoin than Powell, who has consistently dismissed the role of cryptocurrency in the US economy.

Related news:

Best Wallet – Diversify your crypto portfolio

• Easy-to-use, feature-driven crypto wallet
• Get Early Access to Upcoming Token ICOs
• Multi-chain, multi-wallet, non-custodial
• Now on App Store, Google Play
• Stake to win a $BEST native token
• More than 250,000 active users per month