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Markets bet on whether Trump will next nominate Scott Bessent as Fed Chair

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Kalshi has reported 44,076 in volume over the last 24 hours on their market for “Will Trump next nominate Scott Bessent as Fed Chair?”, making it one of the hottest markets on the platform today.

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

If Scott Bessent 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 310,135 transactions since it was first opened on June 10, 2025. There are 175,958 positions of open interest in this market, and the overall liquidity is sitting at 3,181,562 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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