Polymarket odds for Bitcoin ally Kevin Warsh rise 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 on Thursday that he would announce on Friday morning his choice to replace current Fed Chairman Jerome Powell, whose term ends in May. BloombergThe Wall Street Journal and New York Times reported that the president is set to announce Wershe’s nomination.

“I’m going to announce, I think, a really great choice tomorrow,” Trump said as he arrived for the premiere of First Lady Melania Trump’s documentary.

According to reports, Trump met with Warsh at the White House Reuters report Saying He impressed the president.

As a result, Warsh’s prospects for the next Fed chair nomination have diminished rose From 30% to 94% in the prediction market Polymarketwith former front-runner, BlackRock CEO Rick Rieder, seeing his odds as high as 3.4%.

Trump’s speech puts Warsh at the forefront

Kevin Warsh, Director of the National Economic Council; Kevin Hassett, CEO of BlackRock; Rick Ryder; Federal Reserve Governor Christopher Waller were the final four nominees.

Trump seemed firm in his decision, saying: “He will be a highly respected person, someone known to everyone in the financial world.”

“And I think that would be a very good choice,” Trump added.

Trump has long mentioned Wershe as one of his top candidates for the job, and he met with the US president in December for his formal interview.

Warsh served as Federal Reserve Governor for five years after being nominated by President George W. Bush. Trump also nominated him in 2017 to serve as Fed chairman, which eventually went to Jerome Powell.

“A lot of people think this person could have been there a few years ago,” Trump told reporters Thursday night.

Trump’s pick to head Fed ‘wouldn’t be very surprising’

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

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

Trump continued his attack on Powell, saying that the Fed Chairman should lower interest rates Interest rates.

This also benefits cryptocurrencies, as Warsh holds a more positive view of Bitcoin than Powell, who has consistently dismissed cryptocurrency’s role in the US economy.

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