BlockBeats News, February 19 — FOMC voting member and Minneapolis Fed President Kashkari stated that Kevin Warsh is fully qualified to serve as Federal Reserve Chair. He has consistently been outspoken about his views on the Fed and looks forward to upcoming discussions. Additionally, it remains uncertain whether the Fed can reduce its balance sheet without fundamental changes.
Furthermore, according to PolyBeats monitoring, although the White House has officially announced that Trump will nominate Kevin Warsh as the next Fed Chair, on February 13 the White House reiterated that it is preparing Warsh’s nomination. Currently, in the market on Polymarket regarding “Who will Trump nominate as Fed Chair,” the probability of Warsh being officially nominated has dropped from 99.7% to 95%. The probability that Trump will appoint Judy Shelton as the next Fed Chair has increased to 4-5%.
BlockBeats Note: Judy Shelton has long criticized the U.S. Federal Reserve and has specifically supported a return to some form of gold standard, hoping for a greater role for gold in the monetary system. In July 2019, Trump nominated her to the Federal Reserve Board of Governors, but her strong criticism of current Fed policies ultimately prevented her from passing Senate approval. Even if Kevin Warsh’s nomination as Fed Chair falls through, Judy Shelton is unlikely to become a potential candidate.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Polymarket Acquires DeFi Infrastructure Startup Brahma, Deal Amount Undisclosed
Polymarket announced on March 18 the acquisition of startup Brahma to optimize user experience and enhance DeFi liquidity. Brahma focuses on providing DeFi infrastructure and has processed over $1 billion in transactions. The acquisition will conclude Brahma's projects with existing partners and aims to streamline wallet and asset operations.
GateNews28m ago
Trust Wallet integrates the prediction market protocol Predict.fun
Gate News reported that on March 18, Trust Wallet has integrated the prediction market protocol Predict.fun into its "Predictions" tab within its application. Users can trade outcomes of events across multiple categories including sports, politics, and cryptocurrencies on BNB Chain using USDT without downloading a new app.
GateNews31m ago
Iran states it will retaliate for the attack on energy facilities, and the Revolutionary Guards will issue warnings to Gulf countries.
Gate News report: On March 18, according to Iranian media reports, Iran will retaliate against attacks on its energy infrastructure by striking enemy targets previously considered safe. Additionally, Iran's Revolutionary Guards are about to issue a warning to Gulf countries.
On prediction market Polymarket, a new market titled "When will Iran take military action against a Gulf country?" shows probabilities of 88% for today (March 18), 88% for March 19, and 87% for March 20.
GateNews2h ago
Polymarket Profitable Account with $230K Wins $54K Bet on BLG Defeating G2
On Polymarket prediction event, an account bet $54,000 on BLG to defeat G2, with an opening price of 82¢. This is LOL's first international event in 2026, with BLG defeating BFX 3:2 in the first round and G2 defeating TSW 3:0. The match will take place at 9 PM tonight.
GateNews3h ago
CFTC Chair: Arizona's Lawsuit Against Kalshi Is a Jurisdictional Dispute, Escalating to Criminal Prosecution Is Entirely Inappropriate
US Commodity Futures Trading Commission Chair Selig responded to Arizona's criminal charges against Kalshi, characterizing the matter as a jurisdictional dispute and stating that the charges are improper. Attorney General Mayes accused Kalshi of offering illegal gambling services, emphasizing that the company must comply with the law. The CFTC will closely monitor developments in the case.
GateNews3h ago
Lawmakers Target Kalshi, Polymarket With BETS OFF Act Proposal
U.S. lawmakers are introducing the BETS OFF Act to regulate prediction markets, banning bets on sensitive events like wars and terrorist actions due to ethical concerns. The bill aims to prevent harmful behavior and protect public interest, amid rising scrutiny of platforms like Kalshi and Polymarket.
TodayqNews4h ago