Markets are pricing a 0% probability that former President Donald Trump would nominate Ron Paul as the next chair of the Federal Reserve, according to high-trust data from Polymarket. The market's confidence reflects widespread skepticism about the likelihood of this scenario.
Ron Paul, a former congressman and vocal critic of the Federal Reserve, has long advocated for abolishing the central bank and returning to a gold standard. While Trump has previously expressed dissatisfaction with Fed policies, particularly during his presidency, there is no indication that Paul is under consideration for the role. The next Fed chair nomination would occur only if Trump were to win the 2024 presidential election and choose to replace current chair Jerome Powell, whose term ends in 2026.
With $3.8 million in liquidity and $5,240 in 24-hour trading volume, this high-trust market reflects strong confidence in its prediction. The market resolves by December 31, 2026.