Jerome Powell out of Fed BoardDecember 31
Open$182Kas of
Odds now
The market prices a 10% chance that this market resolves YES, as of .
YES10¢
NO91¢
as of
What moved the odds?
12 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 live price as of .
Trump faces the final hurdle within the Federal Reserve Board. Jerome Powell is no longer Fed chairman, but Trump still wants to remove him from the central bank entirely. Powell remained a member of the Board of Governors until January 2028, but Trump demanded his resignation following a report on the Fed headquarters renovation project, whose cost rose from an initial estimate of $1.3 billion to $2.4 billion. Ironically, the report found no evidence of a crime or misconduct related to the project. The law allows the president to dismiss a Fed governor for compelling reasons, but the Supreme Court strengthened protections against dismissal without proving wrongdoing. Therefore, the issue is bigger than Powell: To what extent can the White House reshape the world's most powerful central bank? #Arabic_Business
Trump threatens to fire Powell if he stays on Fed board
Trump threatens to fire Powell if he stays on Fed board
Breaking NYT: • • Trump is now threatening to fire Jerome Powell if he does not resign from the Federal Reserve. • • Powell's term as Fed chair officially ends on May 15, but he can stay on as a governor until 2028 and has said he would not leave until the criminal investigation is over.
Sen Tillis on why he publicly defended Jay Powell right after the Fed chief revealed the criminal probe on a Sunday in Jan. • It was to reassure markets that the Fed doesn’t serve at the pleasure of the president. “It doesn’t,” he said.(32 min mark)
Fed Chair Jerome Powell Says He Has "No Intention" of Resigning Until Trump Investigation is Finished. • Federal Reserve Chair Jerome Powell stated that he has "no intention" of stepping down from his position until the federal investigation into him launched by the Trump administration has finished.
Powell stated that he has no intention of leaving the Federal Reserve before the investigation concludes.
Powell says he has 'no intention of leaving' Fed during DOJ investigation
Powell stated that he is prepared to remain in his current position temporarily after his term as Federal Reserve Chairman ends.
Powell says he has "no intention" of leaving the Fed while investigation is ongoing
Live: Powell says he has ‘no intention’ of stepping down from Fed board
Fed's Powell: I have no intention of leaving the Fed board until the DoJ probe is over.
Where does the news lean?
5YES11NO6neutraltrailing 24h
Average match confidence across the listed signals: 99%.
What would make this resolve YES?
This market will resolve to “Yes” if Jerome Powell ceases to hold a position on the Federal Reserve Board of Governors for any period of time between this market's creation and the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”.
This market is not limited to Jerome Powell’s current position as chair of the Federal Reserve. If Jerome Powell ceases to be Chair of the Federal Reserve, but remains a member of the Federal Reserve Board of Governors, this will not qualify for a “Yes” resolution.
The resolution source for this market will be information from the U.S. Government; however, a consensus of credible reporting will also suffice.
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See all outcomes for Jerome Powell out of Fed Board — the full event, with combined odds and signal timeline.