Crypto Traders Increase Bets on Judy Shelton for Fed Chair as Trump Remains Silent on Powell’s Successor
Crypto traders are increasing their bets on former Trump advisor Judy Shelton even as the Fed chair race continues to tighten. This comes amid a drop in Kevin Hassett’s odds, although he remains the favorite to replace Jerome Powell.
Judy Shelton’s Fed Chair Odds Rise as Market Awaits Trump’s Decision
Kalshi data shows that crypto traders are increasing their bets on Judy Shelton replacing Powell, with her odds rising to 5%. Meanwhile, Hassett has seen his odds drop to 38%, from a high of around 85% at the start of December last year.
Shelton’s odds of becoming the next Fed chair have also risen on the prediction platform Polymarket. There is currently a 3% chance that she gets the nod from Trump, according to…
