Markets on Polymarket currently assign 0% probability to former President Donald Trump nominating Lorie K. Logan as the next Federal Reserve chair. This reflects significant skepticism about her chances of being selected for the role.
Logan, who serves as the president of the Federal Reserve Bank of Dallas, is a prominent figure in monetary policy circles. However, her potential nomination would depend on Trump winning the 2024 presidential election and opting for a candidate like Logan, who is considered more aligned with the Federal Reserve's traditional policy stance. Trump's past criticism of the Fed and his preference for unconventional picks, such as Stephen Moore and Herman Cain during his presidency, may explain the market's doubts.
The market, which resolves by the end of 2026, reflects moderate liquidity, but traders appear confident in their assessment. PreNews will continue to monitor developments in this space.