President Trump signaled Friday he wants National Economic Council Director Kevin Hassett to stay in his current role, not move to the Federal Reserve. During a White House event, Trump praised Hassett's TV skills and said losing him would be a "serious concern," while criticizing Fed officials for not talking much.

Trump's unexpected stance shifted prediction markets for the next Fed Chair appointment. Odds for Kevin Warsh jumped to 54% on Polymarket, while Hassett's chances fell to 16%. Hassett had been considered the front-runner, making the president's comments a surprise to traders reassessing currency and equity positions.

The president's remarks about Hassett's potential move concluded with a non-committal "We'll see how it all works out." Markets reacted quickly as traders recalibrated expectations for Fed leadership and its impact on monetary policy communication, a key concern for investors tracking central bank messaging.