Kalshi & Polymarket surge with wagers on Trump's Fed chair choice
Prediction markets are surging with over $9 million in bets on who US President Donald Trump will choose as the next Federal Reserve chair. Kalshi has more than $3.59 million wagered, while Polymarket exceeds $5.4 million. The action follows reports that NEC Director Kevin Hassett is now seen as the leading contender to succeed Jerome Powell.