This market will resolve to "Yes" if Donald Trump publicly and unequivocally announces that he is removing Jerome Powell as Chair of the Federal Reserve before his term is up, or takes formal action toward doing so, such as issuing a directive or formal request by January 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

Statements which are contingent (e.g. “Powell must step down or lower rates”), statements of intent (e.g.“I am planning to fire Powell”) or other informal statements which are not unequivocal will not qualify.

The resolution source will be official information from Donald Trump however a consensus of credible reporting may also be used.