[Trump May Abandon Nomination of Hassett, Kevin Warsh Leads Prediction for Next Fed Chair] White House economic advisor Hassett hinted at a higher likelihood of staying in his current position, effectively withdrawing from the Fed Chair race. Data from Kalshi and Polymarket show that former board member Kevin Warsh's probability of being elected has risen to approximately 60%, ahead of Hassett (15%–16%) and current board member Waller (13%–14%). Powell's term will expire on May 15, and Trump is expected to announce the successor within this month.