Powell, who was appointed by Trump to lead the Fed in 2018, has been put under pressure by the president, who has accused him of keeping high interest rates too high. However, Tru

Jerome H. Powell, whose term does not expire until May, has argued that the central bank can afford to be patient about cutting interest rates amid uncertainty about the economic outlook.

The Polymarket prediction site identifies former Fed Governor Kevin Warsh, Fed Governor Christopher Waller and National Economic Council Director Kevin Hassett as the leading candidates to replace Powell.