Market strongly favors NO for Kevin Hassett's confirmation as Fed Chair.
The prediction market shows a significant probability of 99.6% for NO regarding Kevin Hassett's confirmation as Fed Chair, while the Pulse AI suggests a lower probability of 3.4% for YES. This indicates a strong consensus against his confirmation, with the market appearing fairly priced given the current confidence level of 75 out of 100.
This market will resolve according to the next individual formally confirmed as Chair of the Federal Reserve.
Formal confirmation as Chair of the Federal Reserve requires the Senate to confirm a nominee as Chair of the Federal Reserve. Recess appointments without Senate confirmation will not count. Senate confirmation of a listed individual as a member of the Federal Reserve Board of Governors will not alone qualify.
If no Senate confirmation for the position of Chair of the Federal Reserve has occurred by December 31, 2026, 11:59 PM ET, this market will resolve to "Other".
The primary resolution source for this market is official information from the U.S. Senate; however, a consensus of credible reporting may also be used.