**President Donald Trump has repeatedly threatened to remove Jerome Powell from his seat on the Federal Reserve Board of Governors if Powell does not resign after his term as chair ended in May 2026, citing policy disagreements over interest rates and an earlier Justice Department probe into Fed headquarters renovations.** Powell’s separate 14-year governor term runs until January 2028, allowing him to remain on the Board; he has stated he will stay until the investigation reaches full resolution. Legal precedent limits presidential removal of governors to “for cause” (inefficiency, neglect, or malfeasance), and prior administration efforts against other governors, including Lisa Cook, have faced court setbacks and Senate resistance. Recent developments include the probe’s deferral to a Fed inspector general review and Trump’s public comments weighing further action, though advisers have highlighted risks of market disruption and confirmation delays for nominees such as Kevin Warsh. These factors shape trader assessments of whether an attempt will occur before key deadlines or Powell’s term ends.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedWill Trump try to fire Powell as Fed Board Member by...?
$30,435 Vol.
August 31
<1%
September 30
6%
December 31
13%
$30,435 Vol.
August 31
<1%
September 30
6%
December 31
13%
Statements which are contingent (e.g. “Powell must step down”), statements of intent (e.g.“I am planning to fire Powell”) or other informal statements which are not unequivocal will not qualify.
If Jerome Powell resigns or otherwise formally departs his role as a member of the Federal Reserve Board of Governors prior to a qualifying action, this market will immediately resolve to "No".
Attempts to remove Powell from his role as chair of the Federal Reserve Board of Governors, which do not include removing Powell as a member of the Federal Reserve Board of Governors, will not alone qualify.
The resolution source will be official information from Donald Trump; however, a consensus of credible reporting may also be used.
Market Opened: Jul 31, 2026, 5:47 PM ET
Resolver
0x65070BE91...Statements which are contingent (e.g. “Powell must step down”), statements of intent (e.g.“I am planning to fire Powell”) or other informal statements which are not unequivocal will not qualify.
If Jerome Powell resigns or otherwise formally departs his role as a member of the Federal Reserve Board of Governors prior to a qualifying action, this market will immediately resolve to "No".
Attempts to remove Powell from his role as chair of the Federal Reserve Board of Governors, which do not include removing Powell as a member of the Federal Reserve Board of Governors, will not alone qualify.
The resolution source will be official information from Donald Trump; however, a consensus of credible reporting may also be used.
Resolver
0x65070BE91...**President Donald Trump has repeatedly threatened to remove Jerome Powell from his seat on the Federal Reserve Board of Governors if Powell does not resign after his term as chair ended in May 2026, citing policy disagreements over interest rates and an earlier Justice Department probe into Fed headquarters renovations.** Powell’s separate 14-year governor term runs until January 2028, allowing him to remain on the Board; he has stated he will stay until the investigation reaches full resolution. Legal precedent limits presidential removal of governors to “for cause” (inefficiency, neglect, or malfeasance), and prior administration efforts against other governors, including Lisa Cook, have faced court setbacks and Senate resistance. Recent developments include the probe’s deferral to a Fed inspector general review and Trump’s public comments weighing further action, though advisers have highlighted risks of market disruption and confirmation delays for nominees such as Kevin Warsh. These factors shape trader assessments of whether an attempt will occur before key deadlines or Powell’s term ends.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



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