Description
Donald Trump to publicly announce removal of Jerome Powell from the Federal Reserve Board of Governors by one of the specified dates. The market resolves to Yes only if Trump makes an unequivocal public declaration or takes formal action toward firing Powell by the deadline; resignations of Powell or informal statements do not qualify. If Powell leaves the board before a qualifying action, the market resolves to No.
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Markets
Outcome | Odds | Spread | 24h Change | 24h Volume | Total Volume | Liquidity | |
|---|---|---|---|---|---|---|---|
| December 31 | — | — | — | — | — | — | |
| June 30 | No | — | — | — | — | — | |
| July 31 | — | — | — | — | — | — |
Rules
This market will resolve to "Yes" if Donald Trump publicly and unequivocally announces that he is removing Jerome Powell as a member of the Federal Reserve Board of Governors, or takes formal action toward doing so, such as issuing a directive or formal request, by the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”. 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.