3m ago 07.01 GMT Warsh now a 93% chance on Polymarket View image in fullscreen Kevin Warsh last July, arriving at The Sun Valley Resort for the Allen and Company Sun Valley Media and Technology Conference. Photograph: Brendan McDermid/Reuters The odds of Kevin Warsh being nominated as the next chair of the Federal Reserve have collapsed, as punters have piled in. Share10m ago 06.55 GMT FT: It's Kevin Warsh The Financial Times have nailed their trousers to the mast, declaring that Donald Trump is preparing to nominate former Federal Reserve governor Kevin Warsh to replace Jay Powell as Fed chair, citing three sources. President Trump told reporters last night that he would announce a successor to Federal Reserve Chair Jerome Powell on Friday morning Trump hinted that it would be “somebody that could have been there a few years ago ... I hope so.” A source later told Reuters that Trump had met with former Fed Governor Kevin Warsh at the White House.