Will Trump announce Arthur Laffer as next Fed Chair?

Trump's Treasury Secretary pick Scott Bessent has floated the idea of Trump naming a successor to Jerome Powell to serve as a "shadow chair", prior to the end of Powell's term, scheduled for May 2026 (see: https://www.nbcwashington.com/news/business/money-report/fed-chair-jerome-powell-can-serve-remainder-of-term-says-trumps-treasury-pick-bessent/3788991/). This market will resolve to "Yes" if Donald Trump announces Arthur Laffer as his pick for Federal Reserve Chair by June 30, 2025, 11:59 PM ET. Otherwise this market will, resolve to "No". The resolution source for this market will be official information form Donald Trump or one of his official representatives, however a consensus of credible reporting may also be used.