Prediction Markets Spike After Trump’s Comments

[tradelikepro]

Prediction markets lit up after President Trump casually referred to Kevin Hassett as a “potential Fed chair” during a White House event. The remark sent odds surging on platforms like Kalshi, jumping from 66% to 85% almost instantly.

Hassett, currently leading the National Economic Council, has strong ties to crypto and previously oversaw the digital asset working group. With the administration reportedly down to one finalist for the job, markets are treating Trump’s offhand comment like a major signal.

With Jerome Powell’s term ending in 2026, the race appears all but decided — and traders are betting heavily on Hassett taking the Fed’s top seat.

[Nahid Hossen]

Prediction markets reacted instantly—Trump’s remarks clearly moved sentiment.