Who Will Succeed Powell as Fed Chair? Market Predictions Shift Amid Key Endorsements

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The Fed chair succession race has grown murky after JPMorgan’s Jamie Dimon publicly backed Kevin Warsh. Kevin Hassett, once the top pick, now trails with odds on Polymarket falling from 80% to 50%. Warsh’s chances have climbed to 40%, as the delay in naming a successor to Powell, expected by early 2026, allows more market feedback. Both candidates align with Trump’s agenda, but their styles differ: Hassett leans political, while Warsh is a Fed veteran with a measured approach. Traders are watching how this plays out, as the crypto market reacts to every shift in policy expectations. Altcoins to watch may see volatility as the race unfolds.
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