DOJ reopens Powell investigationJune 30

ResolvedOutcome: NoVol$21KResolvedas of

Odds now

This market has resolved No. Final market pricing put YES at 0%, as of .

YES0¢
NO100¢

24has of

What moved the odds?

2 AI-matched news signals on this market, newest first. Entry price is the called side when the news hit; the signed return marks it against the final price as of .

YESmayadeenenglish99%match5¢-100%
Trump's Justice Department also opened a criminal investigation into Powell and the Fed regarding renovation cost overruns, a move Powell characterized as a tactic aimed at undermining the Fed's independence. •
NOjustthenews.com99%match95¢+5%
Hassett predicts Powell will leave Fed if satisfied with IG report. • Powell faced a federal criminal probe over the renovation project, though the Department of Justice ended the investigation in April.

Where does the news lean?

1YES1NO1neutraltrailing 24h

Average match confidence across the listed signals: 99%.

How did this market resolve?

The United States Department of Justice recently opened, and later dropped, a criminal investigation into Federal Reserve Chair Jerome Powell over his handling of renovations to the Federal Reserve buildings. 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.

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