Jerome Powell's term as Federal Reserve Chair expires May 15, 2026, and he confirmed at the April 29 FOMC meeting—likely his last as chair—that he will step down but remain on the Board of Governors through 2028 amid a DOJ probe and transition needs. President Trump's nominee, Kevin Warsh, advanced from the Senate Banking Committee on a tight party-line vote (13-11), with cloture filed by Majority Leader Thune to fast-track full Senate confirmation before the deadline. The Fed held rates steady at 3.5-3.75% amid inflation pressures. Traders focus on Senate timing risks, historical confirmation precedents (often 1-2 months), and acting chair protocols if delayed, reflecting tensions over Fed independence.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$32,468 Vol.
May 16
87%
May 15
49%
May 31
97%
June 30
99%
$32,468 Vol.
May 16
87%
May 15
49%
May 31
97%
June 30
99%
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 term as Federal Reserve Chair expires May 15, 2026, and he confirmed at the April 29 FOMC meeting—likely his last as chair—that he will step down but remain on the Board of Governors through 2028 amid a DOJ probe and transition needs. President Trump's nominee, Kevin Warsh, advanced from the Senate Banking Committee on a tight party-line vote (13-11), with cloture filed by Majority Leader Thune to fast-track full Senate confirmation before the deadline. The Fed held rates steady at 3.5-3.75% amid inflation pressures. Traders focus on Senate timing risks, historical confirmation precedents (often 1-2 months), and acting chair protocols if delayed, reflecting tensions over Fed independence.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



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