Markets on Polymarket currently assign 0% probability to Michelle Bowman being nominated as the next Federal Reserve chair by Donald Trump, should he regain the presidency. This reflects strong skepticism among traders despite Bowman’s prominent role as a member of the Federal Reserve Board of Governors.
Bowman, who has served on the Board since 2018, is known for her focus on community banking and regulatory issues. While Trump has previously expressed dissatisfaction with the Federal Reserve’s leadership, markets appear unconvinced that Bowman would be his choice to replace current chair Jerome Powell, whose term ends in 2026.
The market’s 0% pricing suggests traders see no viable path for Bowman to secure the nomination, despite her proximity to the institution. This market resolves by the end of 2026, and PreNews will continue to monitor developments.