Jerome Powell’s second four-year term as Federal Reserve Chair concludes on May 15, 2026, creating the principal timeline that shapes trader assessments for any departure market. Senate confirmation of Kevin Warsh as successor, completed along largely partisan lines in mid-May, has cleared the path for an orderly transition while Powell has publicly stated he will remain on the Board of Governors until at least early 2028 or until an ongoing headquarters-construction review concludes. Political friction with the administration, including earlier threats of removal and questions over institutional independence, has been the main catalyst elevating near-term departure probabilities in recent weeks. No other scheduled events or statutory barriers alter the fixed May 15 endpoint, though any unforeseen delay in Warsh’s swearing-in could shift exact resolution timing.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$267,988 Vol.
June 30
100%
May 31
100%
$267,988 Vol.
June 30
100%
May 31
100%
Vacating his role refers to Powell actually ceasing to hold the position of Chair of the Federal Reserve Board of Governors. Announcements of resignations or firings will not alone qualify.
The scheduled end of Powell’s term as Chair will not alone qualify. If Powell continues to serve as Chair on a temporary basis (e.g. until the confirmation of his successor), he will not be considered to have vacated his role as Chair.
This market is restricted to Powell’s status as Chair of the Federal Reserve Board of Governors. Powell’s status as a regular member of the Federal Reserve Board of Governors will not affect this market’s resolution.
The primary resolution source for this market will be official information from Jerome Powell and the Federal Reserve; however, a consensus of credible reporting may also be used.
Market Opened: Apr 16, 2026, 12:55 PM ET
Resolver
0x65070BE91...Vacating his role refers to Powell actually ceasing to hold the position of Chair of the Federal Reserve Board of Governors. Announcements of resignations or firings will not alone qualify.
The scheduled end of Powell’s term as Chair will not alone qualify. If Powell continues to serve as Chair on a temporary basis (e.g. until the confirmation of his successor), he will not be considered to have vacated his role as Chair.
This market is restricted to Powell’s status as Chair of the Federal Reserve Board of Governors. Powell’s status as a regular member of the Federal Reserve Board of Governors will not affect this market’s resolution.
The primary resolution source for this market will be official information from Jerome Powell and the Federal Reserve; however, a consensus of credible reporting may also be used.
Resolver
0x65070BE91...Jerome Powell’s second four-year term as Federal Reserve Chair concludes on May 15, 2026, creating the principal timeline that shapes trader assessments for any departure market. Senate confirmation of Kevin Warsh as successor, completed along largely partisan lines in mid-May, has cleared the path for an orderly transition while Powell has publicly stated he will remain on the Board of Governors until at least early 2028 or until an ongoing headquarters-construction review concludes. Political friction with the administration, including earlier threats of removal and questions over institutional independence, has been the main catalyst elevating near-term departure probabilities in recent weeks. No other scheduled events or statutory barriers alter the fixed May 15 endpoint, though any unforeseen delay in Warsh’s swearing-in could shift exact resolution timing.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



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