Federal Reserve Chair Jerome Powell's term expires May 15, 2026, amid President Trump's January nomination of Kevin Warsh as successor, but Senate confirmation faces hurdles from Sen. Thom Tillis's hold pending a DOJ probe into Fed headquarters renovations—subpoenas dismissed by a federal judge as pretextual pressure, though appealed. Powell stated March 18 he will remain in the role until Warsh is confirmed, citing institutional precedent, while the March FOMC held rates amid tariff-driven inflation spikes. Traders price low near-term exit risk due to these procedural delays and Powell's board tenure through 2028, with Senate votes and probe resolution as pivotal upcoming catalysts.
Experimental AI-generated summary referencing Polymarket data · UpdatedJerome Powell out as Fed Chair by...?
Jerome Powell out as Fed Chair by...?
$1,891,920 Vol.
May 14
2%
$1,891,920 Vol.
May 14
2%
An announcement of Jerome Powell's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect.
The 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: Jan 4, 2026, 2:36 PM ET
Resolver
0x65070BE91...An announcement of Jerome Powell's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect.
The 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...Federal Reserve Chair Jerome Powell's term expires May 15, 2026, amid President Trump's January nomination of Kevin Warsh as successor, but Senate confirmation faces hurdles from Sen. Thom Tillis's hold pending a DOJ probe into Fed headquarters renovations—subpoenas dismissed by a federal judge as pretextual pressure, though appealed. Powell stated March 18 he will remain in the role until Warsh is confirmed, citing institutional precedent, while the March FOMC held rates amid tariff-driven inflation spikes. Traders price low near-term exit risk due to these procedural delays and Powell's board tenure through 2028, with Senate votes and probe resolution as pivotal upcoming catalysts.
Experimental AI-generated summary referencing Polymarket data · Updated



Beware of external links.
Beware of external links.
Frequently Asked Questions