{"id":19544,"date":"2025-08-17T00:19:50","date_gmt":"2025-08-17T00:19:50","guid":{"rendered":"https:\/\/finderica.com\/?p=19544"},"modified":"2025-08-17T00:19:50","modified_gmt":"2025-08-17T00:19:50","slug":"odds-of-trump-tapping-david-zervos-for-fed-chief-jump-on-kalshi","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=19544","title":{"rendered":"Odds of Trump tapping David Zervos for Fed chief jump on Kalshi"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-107162840\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>David Zervos, Jefferies<\/p>\n<p>Scott Mlyn | CNBC<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>The chances that Jefferies Chief Market Strategist David Zervos will become the next Federal Reserve chair are jumping on prediction market Kalshi as the Trump administration considers several candidates to succeed current Fed Chair Jerome Powell once his term expires next year.<\/p>\n<p>Users on Kalshi increased their bets that President Donald Trump will nominate Zervos to 15% on Wednesday after sources told CNBC that Trump is looking at 11 candidates for Fed chair, including Zervos as well as others such as former Fed Governor Larry Lindsey and Rick Rieder \u2013 BlackRock&#8217;s chief investment officer for global fixed income.<\/p>\n<p>Zervos&#8217; probability of becoming Trump&#8217;s pick tied that of former Fed Governor Kevin Warsh&#8217;s, who was once considered the front-runner for the position. At one point early Wednesday, Zervos&#8217; chances even topped Warsh&#8217;s at 17% to 15%, respectively.<\/p>\n<p>Fed Governor Chris Waller still sits in the No. 1 spot on the platform, with odds at 31%, while National Economic Council Director Kevin Hassett&#8217;s odds are now at 20%.<\/p>\n<\/div>\n<div class=\"InlineImage-imageEmbed InlineImage-inlineInfographic\" id=\"ArticleBody-InlineImage-108185355\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div class=\"InlineImage-imagePlaceholder\" style=\"padding-bottom:208.33333333333334%\">\n<div><button class=\"InlineImage-closeEnlargedImage\"><svg width=\"20\" height=\"20\" viewbox=\"0 0 20 20\" fill=\"#002F6C\" aria-labelledby=\"title desc\" role=\"img\" focusable=\"false\" data-analytic-id=\"expand-icon\" class=\"InlineImage-background\"><title>Zoom In Icon<\/title><desc>Arrows pointing outwards<\/desc><circle cx=\"10\" cy=\"10\" r=\"10\" fill=\"white\" stroke=\"#002F6C\"><\/circle><path d=\"M9.20185 10.7982C8.96049 10.5568 8.57037 10.5568 8.32901 10.7982L5.67901 13.4482V11.2346C5.67901 10.8938 5.40308 10.6173 5.06173 10.6173C4.72037 10.6173 4.44444 10.8938 4.44444 11.2346V14.9383C4.44444 15.279 4.72037 15.5556 5.06173 15.5556H8.76543C9.10679 15.5556 9.38271 15.279 9.38271 14.9383C9.38271 14.5975 9.10679 14.321 8.76543 14.321H6.55185L9.20185 11.671C9.44321 11.4296 9.44321 11.0395 9.20185 10.7982ZM14.9383 4.44446H11.2346C10.8932 4.44446 10.6173 4.721 10.6173 5.06174C10.6173 5.40248 10.8932 5.67903 11.2346 5.67903H13.4481L10.7981 8.32903C10.5568 8.57038 10.5568 8.96051 10.7981 9.20187C10.9185 9.32224 11.0765 9.38273 11.2346 9.38273C11.3926 9.38273 11.5506 9.32224 11.671 9.20187L14.321 6.55187V8.76545C14.321 9.10619 14.5969 9.38273 14.9383 9.38273C15.2796 9.38273 15.5556 9.10619 15.5556 8.76545V5.06174C15.5556 4.721 15.2796 4.44446 14.9383 4.44446Z\"><\/path><\/svg><\/button><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Both Hassett and Warsh odds shot up on prediction markets after Trump talked up &#8220;the Kevins&#8221; on CNBC last week, saying they are both &#8220;very good.&#8221;<\/p>\n<p>The two have advocated for lower interest rates. Powell, whose term ends in May 2026, has been a frequent target of Trump&#8217;s criticism for refusing to cut rates.<\/p>\n<p>In the most recent Fed decision in July, Waller, along with Fed Governor Michelle Bowman, publicly dissented with the central bank&#8217;s decision to hold rates steady. Waller, who was nominated by Trump to the Fed in 2020, said its wait-and-see approach is &#8220;overly cautious.&#8221;<\/p>\n<p>Bloomberg News <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-07\/waller-emerges-as-favorite-for-fed-chair-among-trump-team\" target=\"_blank\" rel=\"noopener\">reported<\/a> last week, citing people familiar with the matter, that Trump&#8217;s advisors like Waller&#8217;s openness to adjust monetary policy based on forecasting, rather than current data. It also reported that Waller has met with Trump&#8217;s team about the Fed chief role but hasn&#8217;t met with the president himself.<\/p>\n<\/div>\n<div class=\"group\">\n<div class=\"RelatedContent-relatedContent\" id=\"RegularArticle-RelatedContent-1\">\n<div class=\"RelatedContent-container\">\n<div class=\"RelatedContent-nonCollapsibleContent\">\n<h2 class=\"RelatedContent-header\">Don\u2019t miss these insights from CNBC PRO<\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/08\/13\/trump-zervos-fed-kalshi-odds.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>David Zervos, Jefferies Scott Mlyn | CNBC The chances that Jefferies Chief Market Strategist David Zervos will become the next Federal Reserve chair are jumping on prediction market Kalshi as the Trump administration considers several candidates to succeed current Fed Chair Jerome Powell once his term expires next year. Users on Kalshi increased their bets<\/p>\n","protected":false},"author":1,"featured_media":19545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[604,3464,137,2052,7781,408,2589,563,7780],"class_list":{"0":"post-19544","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-chief","9":"tag-david","10":"tag-fed","11":"tag-jump","12":"tag-kalshi","13":"tag-odds","14":"tag-tapping","15":"tag-trump","16":"tag-zervos"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/19544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19544"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/19544\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/19545"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}