Markets currently assign 0% probability to former President Donald Trump nominating David Zervos as the next Federal Reserve Chair, according to data from Polymarket. This reflects strong skepticism among traders despite Zervos’s prominence in financial circles.
David Zervos, a well-known economist and Chief Market Strategist at Jefferies, has been a vocal advocate for unconventional monetary policies. While Trump has previously criticized the Federal Reserve and floated the idea of appointing loyalists to key positions, there is no indication that Zervos is under consideration for the role. The next Fed chair nomination will be pivotal in shaping U.S. monetary policy, particularly as the economy navigates inflationary pressures and potential recessions.
PreNews notes that this high-trust market, with over $3.2 million in liquidity, firmly prices Zervos’s chances at 0%. The market resolves on December 31, 2026, aligning with the end of the current Fed chair’s term.