When will Jerome Powell depart as Fed Chair?May 15–22
ResolvedOutcome: Yes$141Kas of
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This market has resolved Yes. Final market pricing put YES at 100%, as of .
YES100¢
NO0¢
as of
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28 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 .
Even though his term ended this Friday, Jerome Powell will remain chairman of the Fed until his successor Kevin Warsh is sworn in (despite protests from Donald Trump's allies).
The Federal Reserve Board said it has named Jerome Powell as chair pro tempore until Kevin Warsh is sworn in as the new head of the U.S. central bank.
The Federal Reserve on Friday named Jerome Powell the temporary chair of the Board of Governors until his successor Kevin Warsh is officially sworn in, the central bank said in a statement.
[#Powell's 8-Year Term Ends#, #What Legacy Did Powell Leave for the Fed#?] On May 15th, current Federal Reserve Chairman Jerome Powell's eight-year term will end. It is widely believed that his political legacy can be summarized in two points: combating persistently high inflation and maintaining the Fed's independence. Looking back over the past eight years, Powell's tenure has been more turbulent than most previous Federal Reserve chairs. He had to deal with unprecedented "alarm fires," such as the global pandemic and multiple geopolitical conflicts. He led the Fed through a regional banking crisis that triggered allegations of regulatory laxity and internal ethics scandals that led to the resignations of senior officials. Derek Tang, co-founder of policy analytics firm LH Meyer/monetary policy Analytics, said the story of the Federal Reserve’s independence—making interest rate and monetary policy decisions based on economic data rather than political pressure from the White House—may still be in its “first chapter.” Vincent Reinhart, a former senior Federal Reserve official and now chief economist at BYN Investments, said it's not uncommon for the legacy of Federal Reserve chairmen to take years to fully materialize after leaving office; for example, market assessments of former Fed Chairman Alan Greenspan's political legacy have changed dramatically since the initial assessments. "Therefore, I never rush to rate a Fed chairman; perhaps five or ten years later would be more appropriate," he said. [Link to webpage]
Jerome Powell's last day as chairman of the United States Fed is • • THIS FRIDAY
Fed Chair Jerome Powell is on his last few days as head of the US central bank, with his term expiring May 15. • • In a press conference this afternoon (his final appearance as Fed chair) he said that he will stay on as governor for a brief period: • • To which Trump reacted with:
Don't think Trump's going to be happy about this one... • • Outgoing Fed Chairman Jerome Powell said at his press conference today that he will remain on the Federal Reserve Board of Governors after his chairmanship ends on May 15. • • "I plan to keep a low profile as a governor. There is only ever one chair of the Federal Reserve Board. When Kevin Warsh is confirmed and sworn in, he will be that chair." • • "I will not leave the board until this investigation is fully resolved with transparency and finality. I’m encouraged by recent developments and I am watching the remaining steps in this process carefully. My decisions on these matters will continue to be guided entirely by what I believe is in the best interest of the institution and the people we serve."
US Federal Reserve Chairman Jerome Powell: I will remain in my position after my term ends on May 15 for a period to be determined later.
Fed chair Jerome Powell says he will stay on as Govenor after term amid legal pressure. • During a press conference following the Fed's interest rate decision, Powell said ongoing scrutiny and political tension forced him to stay, despite his plans to step down.
Federal Reserve Chair Jerome Powell stated he will depart when appropriate, expressing concern over legal attacks that jeopardize the Fed's ability to conduct monetary policy independently. • • More Here →
BREAKING: • • Jerome Powell says he'll remain on the Fed board as a governor — at least until the resolution of legal challenges Trump has mounted against the central bank. • • Powell's term allows him to remain at the Fed until 2028, but for decades, Fed chairs have left the building when their successor is installed.
LATEST: Jerome Powell to remain at the Federal Reserve as a governor.
Federal Reserve Chair Jerome Powell stated on Wednesday that he will continue to serve as a central bank governor after his term as chair concludes on May 15. • • More Here →
Fed Chairman Jay Powell says he is stayiong on the Board of Governors after his term as Chairman ends on May 15th. He says that he will not get in the way, but feels that he needs to see the investigation into the renovations through. #FederalReserve
FED'S POWELL: MIDDLE EAST EVENTS ADD TO UNCERTAINTY • • FED'S POWELL: LABOR DEMAND HAS CLEARLY SOFTENED. • • FED'S POWELL: FINAL PRESS CONFERENCE AS CHAIR • • FED'S POWELL: WILL REMAIN AFTER MAY 15TH. ...
POWELL WILL STAY ON AS GOVERNOR "FOR A PERIOD OF TIME" AFTER MAY 15 ...
Fed's Powell: Middle East events add to uncertainty • • Fed's Powell: Labor demand has clearly softened. • • Fed's Powell: final press conference as chair • • Fed's Powell: Will remain after May 15th.
BREAKING: Fed Chair Powell announces that he will stay on the Fed Board after his term as Fed Chair ends on May 15th. • • Powell says he looks to maintain "a low profile" as Fed Governor.
POWELL WILL STAY ON AS GOVERNOR "FOR A PERIOD OF TIME" AFTER MAY 15
POWELL: WILL CONTINUE TO SERVE AS GOVERNOR • POWELL: WARSH WILL BE CHAIR OF FOMC • • POWELL: WILL STAY ON AFTER MAY 15 - *WALTER BLOOMBERG ...
POWELL WILL STAY ON AS GOVERNOR "FOR A PERIOD OF TIME" AFTER MAY 15
Powell says that he "will continue to serve as a governor for a period of time to be determined" once his term as Fed chair ends May 15, adding: "I plan to keep a low profile."
Nov. 2, 2017: President Trump nominates Jerome Powell to lead the Federal Reserve (left pic) • • April 29, 2026: Powell's last press conference as Fed chairman (right pic)
Kevin Warsh is now on track to become the 17th chair of the Federal Reserve when Jay Powell's term concludes on May 15.
In announcing the end of the DOJ's probe, Pirro clears the path for Kevin Warsh to become the next chair of the Fed. Powell's term officially ends May 15
Alsobrooks then asked about the president’s threat to fire Powell if he does not leave as chair in the event Warsh is not confirmed by May 15, when Powell’s term as chair ends. Warsh said he could not address the legal questions around that issue.
WARSH CONFIRMATION SEEN AS DELAYED • • PREDICTION MARKETS PUT ONLY A 33% CHANCE THAT KEVIN WARSH IS CONFIRMED AS FEDERAL RESERVE CHAIR BY MAY 15, WHEN JEROME POWELL’S TERM ENDS, ACCORDING TO POLYMARKET AND KALSHI. • • THE DELAY RISK STEMS FROM OPPOSITION BY SENATOR THOM TILLIS, WHO IS BLOCKING NOMINATIONS PENDING A JUSTICE DEPARTMENT PROBE INTO POWELL. • • MARKETS STILL EXPECT EVENTUAL APPROVAL, WITH ODDS RISING TO 89% BY JULY. • ...
WARSH CONFIRMATION SEEN AS DELAYED • • Prediction markets put only a 33% chance that Kevin Warsh is confirmed as Federal Reserve chair by May 15, when Jerome Powell’s term ends, according to Polymarket and Kalshi. • • The delay risk stems from opposition by Senator Thom Tillis, who is blocking nominations pending a Justice Department probe into Powell. • • Markets still expect eventual approval, with odds rising to 89% by July. •
Where does the news lean?
14YES24NO6neutraltrailing 24h
Average match confidence across the listed signals: 99%.
How did this market resolve?
This market will resolve according to the listed date range during which Jerome Powell vacates his role as Chair of the Federal Reserve Board of Governors.
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.
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