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Jerome Powell out as Fed Chair by...?

Market icon

Jerome Powell out as Fed Chair by...?

$1,977,892 Vol.

May 14, 2026
Polymarket

$1,977,892 Vol.

Polymarket

May 14

$982,508 Vol.

2%

This market will resolve to “Yes” if Jerome Powell ceases to be Chair of the Federal Reserve for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”. An announcement of Jerome Powell's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect. The 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.Federal Reserve Chair Jerome Powell's term expires May 15, 2026, with President Trump nominating former Fed Governor Kevin Warsh as successor in late January, fueling trader bets on the timing of any leadership transition. Powell affirmed in his March 18 FOMC press conference that he will serve as chair until Warsh or another nominee receives Senate confirmation, citing his board governorship extending to January 2028. Absent progress on confirmation hearings amid Senate procedural hurdles and Federal Reserve independence debates, traders weigh the risk of Powell's holdover against potential delays or withdrawal, with upcoming committee votes as key catalysts before the deadline.

This market will resolve to “Yes” if Jerome Powell ceases to be Chair of the Federal Reserve for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”.

An announcement of Jerome Powell's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect.

The 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.
Volume
$1,977,892
End Date
May 14, 2026
Market Opened
Jan 4, 2026, 2:36 PM ET
This market will resolve to “Yes” if Jerome Powell ceases to be Chair of the Federal Reserve for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”. An announcement of Jerome Powell's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect. The 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.
This market will resolve to “Yes” if Jerome Powell ceases to be Chair of the Federal Reserve for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”. An announcement of Jerome Powell's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect. The 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.Federal Reserve Chair Jerome Powell's term expires May 15, 2026, with President Trump nominating former Fed Governor Kevin Warsh as successor in late January, fueling trader bets on the timing of any leadership transition. Powell affirmed in his March 18 FOMC press conference that he will serve as chair until Warsh or another nominee receives Senate confirmation, citing his board governorship extending to January 2028. Absent progress on confirmation hearings amid Senate procedural hurdles and Federal Reserve independence debates, traders weigh the risk of Powell's holdover against potential delays or withdrawal, with upcoming committee votes as key catalysts before the deadline.

This market will resolve to “Yes” if Jerome Powell ceases to be Chair of the Federal Reserve for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”.

An announcement of Jerome Powell's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect.

The 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.
Volume
$1,977,892
End Date
May 14, 2026
Market Opened
Jan 4, 2026, 2:36 PM ET
This market will resolve to “Yes” if Jerome Powell ceases to be Chair of the Federal Reserve for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”. An announcement of Jerome Powell's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect. The 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.

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Frequently Asked Questions

"Jerome Powell out as Fed Chair by...?" is a prediction market on Polymarket with 2 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "May 14" at 2%, followed by "March 31" at 0%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 2¢ implies that the market collectively assigns a 2% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Jerome Powell out as Fed Chair by...?" has generated $2 million in total trading volume since the market launched on Jan 4, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Jerome Powell out as Fed Chair by...?," browse the 2 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

This is a wide-open market. The current leader for "Jerome Powell out as Fed Chair by...?" is "May 14" at just 2%, with "March 31" close behind at 0%. With no outcome commanding a strong majority, traders see this as highly uncertain, which can present unique trading opportunities. These odds update in real-time, so bookmark this page to watch how the probabilities evolve.

The resolution rules for "Jerome Powell out as Fed Chair by...?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.