Trump 'locks in' Federal Reserve Chairman candidate with one word, Kevin Walsh's chances of nomination are unparalleled BlockBeats news, on January 17th, when talking about White House National Economic Council Director Hassett today, Trump said, "We want him to stay in his original position, and we'll wait and see." This statement implies that there may be someone else in Trump's mind as the candidate for the Fed presidency, and the market's expectations for the Fed presidency have changed from Kevin Hassett and Kevin Warsh being two in a row to Warsh leading alone. It is worth noting that before Trump's speech today, Hassett himself also made a statement on this, stating that 'Walsh and Rieder would also be great Federal Reserve chairmen'. Perhaps Hassett already had some understanding of Trump's ultimate candidate. According to Polymarket data, the probability of Hassett receiving the chairman nomination has dropped to 15%, comparable to that of Federal Reserve Governor Waller, while Kevin Walsh's nomination probability has risen to over 60%, making him the biggest nominee and far behind other candidates. Compared to Trump's close ally, the "absolute dovish" Hassett, Kevin Walsh has a more hawkish stance, but the market expects Walsh to still support interest rate cuts and push for balance sheet reduction (QT). Earlier this year, Walsh proposed the view that 'inflation is a choice', arguing that inflation is not caused by supply chains or geopolitics, but rather by the Federal Reserve's own policy decisions. Walsh is extremely optimistic about the prospects of the US economy, believing that AI and deregulation will bring about a productivity boom similar to that of the 1980s.