Jerome Powell's term as Federal Reserve Chair expires May 15, 2026, and in his April 29 press conference—his last in the role—he confirmed he will step down then while remaining a Fed governor amid a resolved DOJ investigation. President Trump's nominee, Kevin Warsh, advanced through the Senate Banking Committee on a party-line vote the same day, fueling trader consensus at 93.5% for Powell's departure in the May 15–22 window amid expectations of swift full-Senate confirmation and swearing-in. This commanding lead reflects historical transition patterns and recent procedural momentum, though Senate delays, holds, or recessions could extend his acting tenure; an early exit before May 15 remains improbable without sudden resignation or legal developments.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedWhen will Jerome Powell depart as Fed Chair?
When will Jerome Powell depart as Fed Chair?
May 15–22 94%
Before May 15 3.8%
May 23–29 1.4%
May 30–June 5 <1%
$81,518 Vol.
$81,518 Vol.
Before May 15
4%
May 15–22
94%
May 23–29
1%
May 30–June 5
1%
June 6–12
<1%
June 13–19
<1%
June 20–26
<1%
June 27–July 3
<1%
After July 3
<1%
May 15–22 94%
Before May 15 3.8%
May 23–29 1.4%
May 30–June 5 <1%
$81,518 Vol.
$81,518 Vol.
Before May 15
4%
May 15–22
94%
May 23–29
1%
May 30–June 5
1%
June 6–12
<1%
June 13–19
<1%
June 20–26
<1%
June 27–July 3
<1%
After July 3
<1%
Vacating his role refers to Powell actually ceasing to hold the position of Chair of the Federal Reserve Board of Governors. Announcements of Powell's resignation or firing 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.
All dates refer to the Eastern Time zone (ET).
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, 11:15 AM ET
Resolver
0x69c47De9D...Vacating his role refers to Powell actually ceasing to hold the position of Chair of the Federal Reserve Board of Governors. Announcements of Powell's resignation or firing 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.
All dates refer to the Eastern Time zone (ET).
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
0x69c47De9D...Jerome Powell's term as Federal Reserve Chair expires May 15, 2026, and in his April 29 press conference—his last in the role—he confirmed he will step down then while remaining a Fed governor amid a resolved DOJ investigation. President Trump's nominee, Kevin Warsh, advanced through the Senate Banking Committee on a party-line vote the same day, fueling trader consensus at 93.5% for Powell's departure in the May 15–22 window amid expectations of swift full-Senate confirmation and swearing-in. This commanding lead reflects historical transition patterns and recent procedural momentum, though Senate delays, holds, or recessions could extend his acting tenure; an early exit before May 15 remains improbable without sudden resignation or legal developments.
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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