U.S. Attorney for the District of Columbia Jeanine Pirro stated on May 3 that the Department of Justice could reopen its criminal investigation into Federal Reserve Chair Jerome Powell if the Fed Inspector General's review uncovers evidence of wrongdoing related to headquarters renovation cost overruns. The probe was closed on April 24 due to insufficient evidence, shifting oversight to the IG amid Senate pressure, including from Sen. Thom Tillis, to advance President Trump's nominee Kevin Warsh for Fed chair as Powell's term expires May 15. Traders monitor the IG's expected report—potentially within 90 days—for catalysts on reopening, amid the Federal Reserve leadership transition and confirmation hearings.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedMay 15
4%
June 30
9%
$565 Vol.
May 15
4%
June 30
9%
This market will resolve to “Yes” if the United States Department of Justice reopens this criminal investigation of Powell, or opens a new criminal investigation of Powell, by the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”.
If the United States federal government formally charges or announces a criminal indictment of Jerome Powell, this will also suffice for a “Yes” resolution.
An official announcement from the United States Department of Justice that the investigation has been reopened, or that a new investigation against Powell has been opened, will be sufficient to resolve this market to “Yes”.
Statements or reports that the Department of Justice is considering allegations or potential investigative action against Powell will not qualify, unless they explicitly indicate that a criminal investigation into Powell has been reopened or opened.
The primary resolution source for this market will be official information from the United States Department of Justice, including any relevant United States Attorney’s Office; however, a consensus of credible reporting may also be used.
Market Opened: May 3, 2026, 9:55 PM ET
Resolver
0x65070BE91...This market will resolve to “Yes” if the United States Department of Justice reopens this criminal investigation of Powell, or opens a new criminal investigation of Powell, by the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”.
If the United States federal government formally charges or announces a criminal indictment of Jerome Powell, this will also suffice for a “Yes” resolution.
An official announcement from the United States Department of Justice that the investigation has been reopened, or that a new investigation against Powell has been opened, will be sufficient to resolve this market to “Yes”.
Statements or reports that the Department of Justice is considering allegations or potential investigative action against Powell will not qualify, unless they explicitly indicate that a criminal investigation into Powell has been reopened or opened.
The primary resolution source for this market will be official information from the United States Department of Justice, including any relevant United States Attorney’s Office; however, a consensus of credible reporting may also be used.
Resolver
0x65070BE91...U.S. Attorney for the District of Columbia Jeanine Pirro stated on May 3 that the Department of Justice could reopen its criminal investigation into Federal Reserve Chair Jerome Powell if the Fed Inspector General's review uncovers evidence of wrongdoing related to headquarters renovation cost overruns. The probe was closed on April 24 due to insufficient evidence, shifting oversight to the IG amid Senate pressure, including from Sen. Thom Tillis, to advance President Trump's nominee Kevin Warsh for Fed chair as Powell's term expires May 15. Traders monitor the IG's expected report—potentially within 90 days—for catalysts on reopening, amid the Federal Reserve leadership transition and confirmation hearings.
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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