Prediction markets have priced in an 81% probability that White House Economic Advisor Kevin Hassett will be appointed as the next Chairman of the Federal Reserve. This surge in odds coincides with President Trump's confirmation that he has selected a candidate and plans to make the official announcement early next year. The potential appointment of Hassett marks a significant moment for monetary policy speculation, as markets attempt to price in his economic stance. The announcement is expected to take place shortly after the turn of the year, setting the tone for the Federal Reserve's direction in 2026.