Polymarket probability of "Warsh confirmed as Fed Chair before May 15" rises to 85%, surging 211% in a short period

Odaily Seer monitoring shows that the probability of "Warsh confirmed as Fed Chair before May 15" on Polymarket has risen from 27% to 85%, surging 211% in a short period.

The reason is that the U.S. Department of Justice is expected to drop the criminal investigation into Fed Chair Jerome Powell. Previously, Senator Thom Tillis, a member of the Senate Banking Committee, stated that if Trump does not drop the criminal investigation into current Fed Chair Powell, he would block Warsh's nomination for Fed Chair from reaching a full Senate vote.

Under the influence of the news that the Department of Justice will drop the criminal investigation into Powell, the market expects that Warsh has a very high probability of being confirmed by the Senate as Fed Chair before Powell's term ends (May 15).

Odaily Seer continuously monitors prediction markets, seeing changes before prices are set.