President Donald Trump's renewed push to remove Federal Reserve Governor Lisa Cook for alleged mortgage misstatements on 2021 applications has driven recent market positioning, following the Supreme Court's June 29, 2026, 5-4 ruling that blocked immediate dismissal on procedural grounds while preserving "for cause" requirements under the Federal Reserve Act. Cook's attorneys responded on August 26 to the White House's August 5 letter, rejecting intentional wrongdoing as an "inadvertent oversight" and asserting no legal basis for removal, setting up further district court review. The case centers on Fed independence precedents, with Cook's term extending to 2038 amid broader administration efforts to reshape the Board. Traders price in extended litigation timelines over rapid resolution, given the high bar for cause and ongoing monetary policy debates.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedNEW
Sep 30, 2026
September 30
1%
October 31
2%
November 30
7%
December 31
7%
$5,007 Vol.
September 30
$1,300 Vol.
1%
October 31
$1,446 Vol.
2%
November 30
$1,021 Vol.
7%
December 31
$1,240 Vol.
7%
This market will resolve to "Yes" if Lisa Cook formally ceases to hold the position of Member of the US Federal Reserve Board of Governors by the specified date, 11:59 PM ET. Otherwise, it will resolve to "No".
Lisa Cook must formally cease to hold the specified position in accordance with the laws, rules, or procedures applicable to that position. Announcements of a future departure do not qualify. The means of departure do not impact settlement; resignation, removal, dismissal, or other means all qualify.
Temporary leaves of absence, dated suspensions, indefinite suspensions, administrative leaves, or other temporary changes to the specified person’s duties in the specified position do not qualify.
The resolution source for this market will be information from the Federal Reserve Board of Governors, however a consensus of credible reporting will also suffice.President Donald Trump's renewed push to remove Federal Reserve Governor Lisa Cook for alleged mortgage misstatements on 2021 applications has driven recent market positioning, following the Supreme Court's June 29, 2026, 5-4 ruling that blocked immediate dismissal on procedural grounds while preserving "for cause" requirements under the Federal Reserve Act. Cook's attorneys responded on August 26 to the White House's August 5 letter, rejecting intentional wrongdoing as an "inadvertent oversight" and asserting no legal basis for removal, setting up further district court review. The case centers on Fed independence precedents, with Cook's term extending to 2038 amid broader administration efforts to reshape the Board. Traders price in extended litigation timelines over rapid resolution, given the high bar for cause and ongoing monetary policy debates.
This market will resolve to "Yes" if Lisa Cook formally ceases to hold the position of Member of the US Federal Reserve Board of Governors by the specified date, 11:59 PM ET. Otherwise, it will resolve to "No".
Lisa Cook must formally cease to hold the specified position in accordance with the laws, rules, or procedures applicable to that position. Announcements of a future departure do not qualify. The means of departure do not impact settlement; resignation, removal, dismissal, or other means all qualify.
Temporary leaves of absence, dated suspensions, indefinite suspensions, administrative leaves, or other temporary changes to the specified person’s duties in the specified position do not qualify.
The resolution source for this market will be information from the Federal Reserve Board of Governors, however a consensus of credible reporting will also suffice.
Lisa Cook must formally cease to hold the specified position in accordance with the laws, rules, or procedures applicable to that position. Announcements of a future departure do not qualify. The means of departure do not impact settlement; resignation, removal, dismissal, or other means all qualify.
Temporary leaves of absence, dated suspensions, indefinite suspensions, administrative leaves, or other temporary changes to the specified person’s duties in the specified position do not qualify.
The resolution source for this market will be information from the Federal Reserve Board of Governors, however a consensus of credible reporting will also suffice.
Market Opened: Aug 7, 2026, 5:51 PM ET
Volume
$5,007End Date
Jan 1, 2027Market Opened
Aug 7, 2026, 5:51 PM ETResolver
0x65070BE91...This market will resolve to "Yes" if Lisa Cook formally ceases to hold the position of Member of the US Federal Reserve Board of Governors by the specified date, 11:59 PM ET. Otherwise, it will resolve to "No".
Lisa Cook must formally cease to hold the specified position in accordance with the laws, rules, or procedures applicable to that position. Announcements of a future departure do not qualify. The means of departure do not impact settlement; resignation, removal, dismissal, or other means all qualify.
Temporary leaves of absence, dated suspensions, indefinite suspensions, administrative leaves, or other temporary changes to the specified person’s duties in the specified position do not qualify.
The resolution source for this market will be information from the Federal Reserve Board of Governors, however a consensus of credible reporting will also suffice.President Donald Trump's renewed push to remove Federal Reserve Governor Lisa Cook for alleged mortgage misstatements on 2021 applications has driven recent market positioning, following the Supreme Court's June 29, 2026, 5-4 ruling that blocked immediate dismissal on procedural grounds while preserving "for cause" requirements under the Federal Reserve Act. Cook's attorneys responded on August 26 to the White House's August 5 letter, rejecting intentional wrongdoing as an "inadvertent oversight" and asserting no legal basis for removal, setting up further district court review. The case centers on Fed independence precedents, with Cook's term extending to 2038 amid broader administration efforts to reshape the Board. Traders price in extended litigation timelines over rapid resolution, given the high bar for cause and ongoing monetary policy debates.
This market will resolve to "Yes" if Lisa Cook formally ceases to hold the position of Member of the US Federal Reserve Board of Governors by the specified date, 11:59 PM ET. Otherwise, it will resolve to "No".
Lisa Cook must formally cease to hold the specified position in accordance with the laws, rules, or procedures applicable to that position. Announcements of a future departure do not qualify. The means of departure do not impact settlement; resignation, removal, dismissal, or other means all qualify.
Temporary leaves of absence, dated suspensions, indefinite suspensions, administrative leaves, or other temporary changes to the specified person’s duties in the specified position do not qualify.
The resolution source for this market will be information from the Federal Reserve Board of Governors, however a consensus of credible reporting will also suffice.
Lisa Cook must formally cease to hold the specified position in accordance with the laws, rules, or procedures applicable to that position. Announcements of a future departure do not qualify. The means of departure do not impact settlement; resignation, removal, dismissal, or other means all qualify.
Temporary leaves of absence, dated suspensions, indefinite suspensions, administrative leaves, or other temporary changes to the specified person’s duties in the specified position do not qualify.
The resolution source for this market will be information from the Federal Reserve Board of Governors, however a consensus of credible reporting will also suffice.
Volume
$5,007End Date
Jan 1, 2027Market Opened
Aug 7, 2026, 5:51 PM ETResolver
0x65070BE91...President Donald Trump's renewed push to remove Federal Reserve Governor Lisa Cook for alleged mortgage misstatements on 2021 applications has driven recent market positioning, following the Supreme Court's June 29, 2026, 5-4 ruling that blocked immediate dismissal on procedural grounds while preserving "for cause" requirements under the Federal Reserve Act. Cook's attorneys responded on August 26 to the White House's August 5 letter, rejecting intentional wrongdoing as an "inadvertent oversight" and asserting no legal basis for removal, setting up further district court review. The case centers on Fed independence precedents, with Cook's term extending to 2038 amid broader administration efforts to reshape the Board. Traders price in extended litigation timelines over rapid resolution, given the high bar for cause and ongoing monetary policy debates.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
Beware of external links.
Beware of external links.
Frequently Asked Questions