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Markets bet on whether Trump will announce his new Chair of the Federal Reserve in 2025

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Kalshi has reported 21,480 in volume over the last 24 hours on their market for “Will Trump announce his new Chair of the Federal Reserve in 2025?”, making it one of the hottest markets on the platform today.

The market currently is implying a 66% chance for "Before 2026", which is neutral from yesterday, when the market implied a 66% probability.

If the President announces a new nominee for Chair of the Federal Reserve before Jan 1, 2026, then the market resolves to Yes.

In total, this market has seen a volume of 94,421 transactions since it was first opened on July 09, 2025. There are 62,433 positions of open interest in this market, and the overall liquidity is sitting at 43,141,147 contracts.

Based on Quiver’s tracking, here are 10 of the finance and politics markets that have had the most volume on Kalshi over the last 24 hours:

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