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Markets bet on whether Trump will next nominate Rick Rieder as Fed Chair

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Kalshi has reported 33,095 in volume over the last 24 hours on their market for “Will Trump next nominate Rick Rieder as Fed Chair?”, making it one of the hottest markets on the platform today.

The market currently is implying a 10% chance for "Rick Rieder", which is neutral from yesterday, when the market implied a 10% probability.

If Rick Rieder is the first person formally nominated by the President to Fed Chair before Jan 20, 2029, then the market resolves to Yes.

In total, this market has seen a volume of 243,746 transactions since it was first opened on August 13, 2025. There are 164,404 positions of open interest in this market, and the overall liquidity is sitting at 5,067,740 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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