Powell out as Chair this year?

chance

▼

ALL

Before 2026

$70,922vol

Order book

Rules summary

If Jerome Powell is no longer Chair of the Federal Reserve Board of Governors (not merely announces he leaves office) by Dec 31, 2025, then the market resolves to Yes. Outcome verified from Library of Congress.

Timeline and payout

Market suggested by

@DogeCoinEnjoyer

About

According to the Wall Street Journal, if elected, Donald Trump is considering removing Jerome Powell as Federal Reserve chairman. However, as Ben Werschkul of Yahoo News points out, '...nobody is totally sure what would happen if he tried. As a legal matter, it has been debated for decades but never tested.'

Decoding the market

Case for By Dec 31, 2025

'So what happens if Trump tries to remove Powell as Board Chair? Powell could resign his governorship and go quietly into the night.' (Peter Conti Brown, Brookings - 9.9.19)'

Case for Not by Dec 31, 2025

'The question has arisen, does the president have the ability to fire the chairman of the Federal Reserve. The short answer appears to be no.' (Robert Eisenbeis, Ph.D., Cumberland Advisors - 1.10.19)

People are also trading