Name: Who will Trump announce as next Fed Chair before July?
Start: 2024-12-12T00:33:13.343829Z
End: 2025-06-30T12:00:00Z

Use the internal polymarket geolocation service.

poly_geo

Improved notification preferences and types.

notifications_v2

funkit_deposit

funkit_withdraw

authenticated_book_ws

Improved in-game view for sports markets.

mobile_sports_overlay_v2

async_order_submission

Enable updates from the sports websocket.

sports_websocket

This is a market on predicting who Donald Trump will select as the next Chair of the Federal Reserve.

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 Larry Kudlow 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. 

Larry Kudlow

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 does not announce 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. 

No Announcement by June 30 

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 Kevin Warsh 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. 

Kevin Warsh

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 Kevin Hassett 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. 

Kevin Hassett

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. 

Arthur Laffer

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 Judy Shelton 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. 

Judy Shelton

Who will Trump announce as next Fed Chair before July?

President Trump publicly criticized Federal Reserve Chair Jerome Powell, claiming superior knowledge of interest rates and urging a reduction in rates. Trump's statements, alongside mixed signals on tariffs and Powell's position, have sparked significant attention and market reactions.

Trump Challenges Powell

Trump on Federal Reserve Chair Jerome Powell: “I know much more than he does about interest rates. Believe me." https://t.co/nKeHjlFhoK

1. The president said recently that he had “no intention of firing” Fed Chair Jerome Powell. He later said that he might consider dialing back tariffs on Chinese imports. Both statements sparked market rallies. Then the Treasury secretary spoke and spoiled the whole thing.

“I think I understand interest a lot better than him, because I've had to really use interest rates." - Trump on Powell

?????

 https://t.co/t062Aho0nE

🎯JUST IN: 🇺🇸President Trump says the "guy in the Fed" [Jerome Powell] should reduce interest rates.

"I think I understand interest a lot better than him, because I've really had to use interest rates." https://t.co/4z8IDJcTAg

🇺🇸 PRESIDENT TRUMP JUST SAID:

- I UNDERSTAND INTEREST RATES MUCH BETTER THAN JEROME POWELL

Trump: Powell should reduce interest rates. I think I understand interest better than him. Because I’ve really had to use interest rates. https://t.co/TwexzfTyP6

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 according the individual Donald Trump announces as his pick for the next Federal Reserve Chair. If Donald Trump does not announce his pick for the next Federal Reserve Chair by December 31, 2025, 11:59 PM ET, this market will resolve to "No announcement by December 31".  

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.

Will Trump refrain from announcing a next Fed Chair in 2025?

This market will resolve according to the next individual Donald Trump, as President of the United States, formally nominates to be Chair of the Federal Reserve by December 31, 2026, 11:59 PM ET. 

Formal nominations are defined as the submission of a nomination message to the U.S. Senate.

Acting or interim appointments will not count unless the individual is formally nominated to be Chair of the Federal Reserve by submission of a nomination message to the U.S. Senate.

The primary resolution source for this market will be official information from the U.S. Senate (see: https://www.senate.gov/legislative/nominations_new.htm), however a consensus of credible reporting may also be used.

Will Trump nominate Kevin Hassett as the next Fed chair?

Donald Trump recently announced he was firing Lisa D. Cook from her position on the Federal Reserve Board of Governors: https://apnews.com/article/federal-reserve-lisa-cook-trump-6fca3d2fbb54ba204cc91398e6a7b020

This market will resolve to according the next individual Donald Trump nominates or announces as a nominee to become a member of the Federal Reserve Board of Governors between August 26, and December 31, 2025, 11:59 PM ET. If Donald Trump does not announce nominee for Fed Governor within this market's timeframe, it will resolve to "No announcement by December 31".

This market will resolve based on the first individual trump nominates within the established timeframe.

The announcement of a specific nominee will qualify toward a "Yes" resolution, regardless of whether that individual is later officially nominated.

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.

Will Trump make no announcement by December 31 to replace Lisa Cook?

This market will resolve to “No” if any of the following conditions are met between September 23, 2025, and December 31, 2025, 11:59 PM ET:

- Fed cuts twice
- Trump announces someone as next Fed Chair
- Powell says “Trump” during October Press Conference
- Lisa Cook is out as Fed Governor

Otherwise, this market will resolve to “Yes”.

The full rules for this market can be found here:
https://polymarket-upload.s3.us-east-2.amazonaws.com/p1.png
https://polymarket-upload.s3.us-east-2.amazonaws.com/p2.png
https://polymarket-upload.s3.us-east-2.amazonaws.com/p3.png


Nothing Ever Happens:  Jerome Powell Edition

This market will resolve according to the next person Donald Trump appoints to the National Security Advisor position by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

This market will resolve based on Trump's first announcement - if Trump announces another person to this position first, this market will immediately resolve to "No".

This market refers to the first permanent National Security Advisor following Mike Waltz's departure from the role; any acting advisor or otherwise temporary advisor will not qualify toward a "Yes" resolution.

The primary resolution source for this market will be official information from the US government, however a consensus of credible reporting may also be used.

Will Michael Flynn be next National Security Advisor?

This market will resolve based on whether Donald Trump announces that he will vote for or endorse the listed candidate in the election named in the title.

If Donald Trump does not announce an endorsement by the day before the scheduled election at 11:59 PM ET, this market will resolve to "No".

The resolution source for this market will be official information from Donald Trump or one of his representatives, or a consensus of credible reporting of Donald Trump's endorsement.

Will Trump endorse Andy Barr for KY-Sen by Nov 2 2026 ET?

The next Federal Open Market Committee (FOMC) meeting is scheduled for December 9–10, 2025. The policy decision will be announced at 2:00 PM Eastern Time on December 10, followed by the Fed Chair’s press conference at around 2:30 PM ET.

This market will resolve according to both the number of dissenting votes recorded at the next Federal Reserve Open Market Committee monetary policy meeting, specifically those dissenting on the Fed Funds Rate decision, and the amount of basis points the upper bound of the target federal funds rate is changed by versus the level prior to the meeting.

The resolution source for this market is the FOMC’s statement after its meeting scheduled for December 9–10, 2025, according to the official calendar: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm.

The FED interest rates are defined in this market by the upper bound of the target federal funds range. The decisions on the target federal fund range are made by the Federal Open Market Committee (FOMC) meetings.

If the FOMC changes the upper bound of the target federal funds rate by an amount that is within 12.5 basis points of either “No change” or a “25bp cut,” the change will be rounded to the corresponding listed bracket (e.g., a 12.5-bp change is rounded to a 25-bp cut).

If any change is announced that is not listed, including any non-standard increment that cannot be rounded to a listed bracket under the rule above, this market will resolve to “Other.”

The level and change of the target federal funds rate are also published at the official website of the Federal Reserve at https://www.federalreserve.gov/monetarypolicy/openmarket.htm.

This market may resolve as soon as the FOMC’s statement for the December meeting with relevant data is issued. If no statement is released by the end date of the next scheduled meeting, this market will resolve to the “No change” bracket.

This market will resolve to the combined outcome corresponding to both the rate decision (No change / 25bp cut / Other) and the number of dissents (≤2 / >2) as expressed in the displayed strike options.

Will the December 2025 FOMC decision result in a 25bp cut with >2 dissents?

The FED interest rates are defined in this market by the lower or the upper bound of the target federal funds range. The decisions on the target federal fund range are made by the Federal Open Market Committee (FOMC) meetings.

This market will resolve to “Yes” if the lower or the upper bound of the target federal funds rate reaches the specified level at any point by December 31, 2026, 12:59 PM ET. Otherwise, this market will resolve to “No.”

Emergency rate cuts and hikes outside the regularly scheduled meetings will be considered.

The resolution source for this market is the official website of the Federal Reserve at:
https://www.federalreserve.gov/monetarypolicy/openmarket.htm.

This market may resolve as soon as the relevant data showing the reached level is published.

Will the Fed’s lower bound reach 3.5% or lower before 2027?

This market will resolve to "Yes" if Donald Trump officially nominates or appoints Eric Adams to his administration by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The Trump administration includes individuals formally appointed or nominated by Donald Trump to roles within the U.S. federal government, such as Cabinet members, Executive Office staff, senior policy advisors, ambassadors, or White House staff whose appointments are publicly announced by official government channels.

Nominations will qualify even if the individual is not confirmed.

The primary resolution source for this market will be official information from the US government; however, a consensus of credible reporting may also be used.

Will Eric Adams join Trump administration by December 31?

This market will resolve to “Yes” if the upper bound of the target federal funds rate is increased at any point between January 1, 2025 and the Fed's December 2025 meeting, currently scheduled for December 9-10. Otherwise, this market will resolve to “No”.

This market may not resolve to "No" until the Fed has released its rate changes information following its December meeting.

The primary resolution source for this market will be the official website of the Federal Reserve (https://www.federalreserve.gov/monetarypolicy/openmarket.htm), however a consensus of credible reporting may also be used.

Fed rate hike in 2025?

This market will resolve to "Yes" if the United States federal government formally charges or announces a criminal indictment of Jerome Powell by December 31, 2025 ET. Otherwise, this market will resolve to "No".

For the purposes of this market the District of Columbia and any county, municipality, or other subdivision of a State shall be included within the definition of a State.

The primary resolution source for this market will be official information from US governmental sources, however a wide consensus of credible reporting will also be used.

Jerome Powell federally charged in 2025?

This market will resolve to "Yes" if President Donald Trump announces that he is running for a third term as US President by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Trump must definitively state his intent to run (e.g., "I am running for a third term" or equivalent unambiguous language); vague comments, speculative or contingent remarks or jokes will not suffice. 

Past statements such his March 30 NBC phone interview where he stated "There are methods which you could do it, as you know... A lot of people want me to do it." or his November 13, 2024, where he stated "I suspect I won’t be running again unless you say, ‘He’s so good we’ve got to figure something else out.’" would NOT qualify. 

The primary resolution source for this market will be official statements by Donald Trump (ex: via speech, social media, etc.), however a consensus of credible reporting may also be used.

Trump announce run for 3rd term?

This market will resolve to “Yes” if Lisa Cook announces her resignation or otherwise ceases to be a member of the Federal Reserve Board of Governors for any period of time between August 25, and December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Only official announcements of Cook's resignation or removal before her term is scheduled to end, made by either Cook or the Board of Governors, will qualify. Announcements from Trump or his administration will not alone qualify.

Temporary absences or attempts at termination which do not actually remove Cook from the Board of Governors of the Federal Reserve will not qualify. 

The resolution source for this market will be information from the U.S. Government however a consensus of credible reporting will also suffice.

Lisa Cook out as Fed Governor by December 31?

This market will resolve to “Yes” if the listed individual officially announces that they are running for U.S. President in the 2028 United States presidential election by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An announcement by the listed individual  will be sufficient to trigger a "Yes" resolution, regardless of whether they actually filed a nomination to run, or whether they actually file a nomination to run in the future.

The primary resolution source for this market will be official statements by the listed individual (ex: via speech, social media, etc.), however a consensus of credible reporting may also be used.

Will Gavin Newsom announce a Presidential run before 2027?

This market will resolve to "Yes" if President of the United States Donald Trump announces he has resigned or will resign the presidency by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No."

If it becomes impossible for Donald Trump to resign or to announce his resignation (e.g., due to his removal from office by other means, etc.), this market will immediately resolve to "No."

For this market to resolve to "Yes," it is only necessary that Trump announce that he has resigned or will resign. Whether he actually resigns will have no bearing on the resolution of this market.

The primary resolution source for this market will be official information from the US federal government; however, a consensus of credible reporting will also be used.

Will Trump resign by December 31, 2026?

This market will resolve according to the candidate Bernie Sanders announces that he will vote for or endorses for the listed election.

If Bernie Sanders does not announce an endorsement by the day before the scheduled election at 11:59 PM ET, this market will resolve to "No".

The resolution source for this market will be official information from Bernie Sanders or one of his representatives, or a consensus of credible reporting of Bernie Sanders' endorsement.

Will Bernie endorse Antonio Delgado for NY-Gov by Nov 2 2026 ET?

This market will resolve to "Yes" if Donald Trump officially nominates or appoints Laura Loomer to his administration by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

The Trump administration includes individuals formally appointed or nominated by Donald Trump to roles within the U.S. federal government, such as Cabinet members, Executive Office staff, senior policy advisors, ambassadors, or White House staff whose appointments are publicly announced by official government channels.

Nominations will qualify even if the individual is not confirmed.

The primary resolution source for this market will be official information from the US government; however, a consensus of credible reporting may also be used.

Will Laura Loomer join Trump administration by December 31?

This market will resolve to "Yes" if at least one cabinet-level Donald Trump appointee from his second term leaves their position by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Voluntary resignations, removals, retirements, or departures for any reason will count.

Announcements alone will not qualify toward this market's resolution. An individual must actually have left their cabinet-level position.

Temporary or acting officials will not count toward this market's resolution.

The primary resolution source for this market will be official information from the US government, however a consensus of credible reporting will also be used.

Trump cabinet member out in 2025?

This market will resolve to "Yes" if definitive evidence confirming that Donald Trump is Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is made public by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

Qualifying evidence includes, but is not limited to verified documentation, blockchain evidence, or other definitive evidence.

Unverified or anonymous claims, speculation, memes, jokes, sarcasm, or unsubstantiated reports will not qualify.

Unsubstantiated claims made by Trump will not alone qualify. 

The primary resolution source will be a consensus of credible reporting and official information from Donald Trump.

Trump confirmed to be Satoshi by December 31?

This market will resolve to "Yes" if any individual is formally charged or criminally indicted for insider trading related to a tariff policy announcement made during the second Trump administration between July 11 and December 31, 2025, at 11:59 PM ET. Otherwise, this market will resolve to "No."

The primary resolution source for this market will be official information from relevant governmental sources; however, a wide consensus of credible reporting will also be used.

Will anyone be charged for insider trading Trump tariff announcements?

This market will resolve to "Yes" if any federal jurisdiction of the United States and/or the District of Columbia formally charges or otherwise announces a criminal indictment of any former member(s) of the House Select Committee to Investigate the January 6th Attack on the U.S. Capitol by December 31, 2025, 11:59 PM ET.

This includes the following individuals: Bennie Thompson, Liz Cheney, Zoe Lofgren, Adam Schiff, Pete Aguilar, Stephanie Murphy, Jamie Raskin, Elaine Luria, Adam Kinzinger

The primary resolution source for this market will be official information from U.S. governmental sources; however, a wide consensus of credible reporting will also be used.

Trump charges Member of January 6 committee? 

This market will resolve according to the first individual who is officially announced as the successor to Elon Musk as CEO of Tesla by December 31, 2025. 

An announcement of a successor will be sufficient for a "Yes" resolution regardless of whether the announced replacement actually becomes the next CEO of Tesla.

The resolution source will be public statements from Tesla.

Will no CEO be announced in 2025?

The FED interest rates are defined in this market by the upper bound of the target federal funds range. The decisions on the target federal fund range are made by the Federal Open Market Committee (FOMC) meetings.

This market will resolve to “Yes” if the there are exactly 3 cuts of 25 basis points by the Fed's December meeting (including any cuts made during Dec meeting). Otherwise, this market will resolve to “No.”

This market may resolve to "Yes" immediately after the statement from the Fed's December 2025 meeting has been released if there has been exactly 3 rate cuts by then.

Note that cuts between 1-24 bps (inclusive) will also be considered 1 rate cut.

For example, if the FED cuts rates by 50 bps after a meeting, it would be considered 2 cuts (of 25 bps each). If there are 4 or more rate cuts at any point before this market's resolution date, this market will resolve to "No".

The resolution source for this market will be FOMC statements after meetings scheduled in 2025 according to the official calendar: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm. The level and change of the target federal funds rate is also published at the official website of the Federal Reserve at https://www.federalreserve.gov/monetarypolicy/openmarket.htm.

Will 3 Fed rate cuts happen in 2025?

This market will resolve to "Yes" if Donald Trump officially appoints, or announces the appointment of a special prosecutor, special counsel, or other independent prosecutor to investigate matters related to Jeffrey Epstein by December 31, 2025, 11:59 PM ET.  Otherwise, this market will resolve to “No.”
 
To qualify, the appointee must be explicitly tasked with investigating the Epstein case. A public statement from Trump, the White House, or the Department of Justice confirming the appointment will be sufficient for a “Yes” resolution regardless of when the appointment goes into effect. 

General statements of intent without a named appointee will not qualify. 

The primary resolution source will be official announcements from the Trump administration or a consensus of credible reporting.

Trump appoints special prosecutor for Epstein case in 2025?

This market will resolve to “Yes” if all of the following conditions are met by December 31, 2025, 11:59 PM ET:

- Trump says Fuck, Fucking, or Fucked 
- House passes Epstein disclosure bill/resolution
- Trump declares another national emergency

Otherwise, this market will resolve to “No”.

This market will remain open until it is confirmed that at least one of the above conditions has not been met, or until all of the above conditions have been met.

The full rules for this market can be found here: 
https://polymarket-upload.s3.us-east-2.amazonaws.com/Panick+in+the+White+House.pdf

Who will Trump announce as next Fed Chair before July?

Kevin Warsh
$222,916 Vol.
No

Kevin Hassett
$1,027,526 Vol.
No

Arthur Laffer
$1,213,255 Vol.
No

Larry Kudlow
$1,030,736 Vol.
No

Judy Shelton
$914,042 Vol.
No

No Announcement by June 30
$413,977 Vol.
Yes

Market Context

Who will Trump announce as next Fed Chair before July?

Rules

Who will Trump announce as next Fed Chair before July?

Market Context

Who will Trump announce as next Fed Chair before July?

About

Related

Who will Trump announce as next Fed Chair before July?

Kevin Warsh$222,916 Vol.Nocircle xmark

Kevin Hassett$1,027,526 Vol.Nocircle xmark

Arthur Laffer$1,213,255 Vol.Nocircle xmark

Larry Kudlow$1,030,736 Vol.Nocircle xmark

Judy Shelton$914,042 Vol.Nocircle xmark

No Announcement by June 30 $413,977 Vol.Yescircle check

Market Context

Who will Trump announce as next Fed Chair before July?

Rules

Who will Trump announce as next Fed Chair before July?

Market Context

Who will Trump announce as next Fed Chair before July?

About

Related

Kevin Warsh
$222,916 Vol.
No

Kevin Hassett
$1,027,526 Vol.
No

Arthur Laffer
$1,213,255 Vol.
No

Larry Kudlow
$1,030,736 Vol.
No

Judy Shelton
$914,042 Vol.
No

No Announcement by June 30
$413,977 Vol.
Yes