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icon for Warsh out as Fed Chair by…?
Economy·Fed

Warsh out as Fed Chair by…?

icon for Warsh out as Fed Chair by…?
Economy·Fed

Warsh out as Fed Chair by…?

$26,139 Vol.

Dec 31, 2026
Polymarket

$26,139 Vol.

Polymarket

December 31, 2026

$9,135 Vol.

5%

June 30, 2027

$17,004 Vol.

11%

This market will resolve to "Yes" if Kevin Warsh’s departure as Chair of the Federal Reserve of the United States is officially announced by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". The departure will be considered to be announced when Kevin Warsh, the Federal Reserve of the United States, or their authorized representatives publicly and definitively announce that Kevin Warsh has ceased or will cease to hold the position of Chair of the Federal Reserve of the United States. Such an announcement will qualify regardless of when the specified person formally leaves the position. Announcements of the specified person's resignation, removal, or departure through other means all qualify. Only announcements which are framed as announcing a departure intended to be effective within 18 months of the date of the announcement will qualify (e.g., neither "I will leave office in 2 years," nor "I will not be in office forever," would qualify). Announcements of 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 following do not qualify as public and definitive announcements: statements that the specified person is considering or open to departing; conditional statements that the specified person will depart only if certain conditions are met; the announcement of an offer of resignation that requires acceptance and remains pending or has been refused; media reports that the specified person plans to depart; statements made in sarcasm or jest; and statements by persons other than the specified person, the relevant authority governing the specified position, or their respective authorized representatives. If the specified person holds the specified position on a predefined term with a scheduled end date, only announcements that they will depart the position prior to the scheduled end of their term qualify. If the specified person formally ceases to hold the specified position before the end of their scheduled term without a qualifying announcement, the market will resolve to "Yes" if a consensus of credible reporting confirms the departure by the specified date, 11:59 PM ET. The primary resolution sources for this market will be official information from Kevin Warsh and the Federal Reserve of the United States; however, a consensus of credible reporting may also be used.Kevin Warsh assumed the Federal Reserve chairmanship in May 2026 for a term through 2030, succeeding Jerome Powell amid expectations of easier policy under President Trump. Trader sentiment on early departure reflects Warsh’s subsequent hawkish pivot: he has eliminated forward guidance, pared policy statements to factual summaries, launched task forces on inflation, communications, and the balance sheet, and repeatedly stressed commitment to the 2% target despite inflation remaining above 3.5% year-over-year into mid-2026 amid energy shocks and tariffs. Markets have priced in limited near-term removal risk, with implied probabilities for an exit by year-end 2026 or mid-2027 staying in the low single digits to low teens, as his operational reforms and data-dependent stance have reinforced institutional independence even as Treasury yields hover near multi-year highs and the Fed holds the funds rate at 3.50–3.75%. The August 28 Jackson Hole speech and September FOMC meeting represent key near-term tests of whether policy divergence with the administration intensifies.

This market will resolve to "Yes" if Kevin Warsh’s departure as Chair of the Federal Reserve of the United States is officially announced by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".

The departure will be considered to be announced when Kevin Warsh, the Federal Reserve of the United States, or their authorized representatives publicly and definitively announce that Kevin Warsh has ceased or will cease to hold the position of Chair of the Federal Reserve of the United States. Such an announcement will qualify regardless of when the specified person formally leaves the position. Announcements of the specified person's resignation, removal, or departure through other means all qualify.

Only announcements which are framed as announcing a departure intended to be effective within 18 months of the date of the announcement will qualify (e.g., neither "I will leave office in 2 years," nor "I will not be in office forever," would qualify).

Announcements of 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 following do not qualify as public and definitive announcements: statements that the specified person is considering or open to departing; conditional statements that the specified person will depart only if certain conditions are met; the announcement of an offer of resignation that requires acceptance and remains pending or has been refused; media reports that the specified person plans to depart; statements made in sarcasm or jest; and statements by persons other than the specified person, the relevant authority governing the specified position, or their respective authorized representatives.

If the specified person holds the specified position on a predefined term with a scheduled end date, only announcements that they will depart the position prior to the scheduled end of their term qualify.

If the specified person formally ceases to hold the specified position before the end of their scheduled term without a qualifying announcement, the market will resolve to "Yes" if a consensus of credible reporting confirms the departure by the specified date, 11:59 PM ET.

The primary resolution sources for this market will be official information from Kevin Warsh and the Federal Reserve of the United States; however, a consensus of credible reporting may also be used.
Volume
$26,139
End Date
Jul 1, 2027
Market Opened
Jul 24, 2026, 11:47 AM ET

Resolver

0x65070BE91...
This market will resolve to "Yes" if Kevin Warsh’s departure as Chair of the Federal Reserve of the United States is officially announced by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". The departure will be considered to be announced when Kevin Warsh, the Federal Reserve of the United States, or their authorized representatives publicly and definitively announce that Kevin Warsh has ceased or will cease to hold the position of Chair of the Federal Reserve of the United States. Such an announcement will qualify regardless of when the specified person formally leaves the position. Announcements of the specified person's resignation, removal, or departure through other means all qualify. Only announcements which are framed as announcing a departure intended to be effective within 18 months of the date of the announcement will qualify (e.g., neither "I will leave office in 2 years," nor "I will not be in office forever," would qualify). Announcements of 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 following do not qualify as public and definitive announcements: statements that the specified person is considering or open to departing; conditional statements that the specified person will depart only if certain conditions are met; the announcement of an offer of resignation that requires acceptance and remains pending or has been refused; media reports that the specified person plans to depart; statements made in sarcasm or jest; and statements by persons other than the specified person, the relevant authority governing the specified position, or their respective authorized representatives. If the specified person holds the specified position on a predefined term with a scheduled end date, only announcements that they will depart the position prior to the scheduled end of their term qualify. If the specified person formally ceases to hold the specified position before the end of their scheduled term without a qualifying announcement, the market will resolve to "Yes" if a consensus of credible reporting confirms the departure by the specified date, 11:59 PM ET. The primary resolution sources for this market will be official information from Kevin Warsh and the Federal Reserve of the United States; however, a consensus of credible reporting may also be used.
This market will resolve to "Yes" if Kevin Warsh’s departure as Chair of the Federal Reserve of the United States is officially announced by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". The departure will be considered to be announced when Kevin Warsh, the Federal Reserve of the United States, or their authorized representatives publicly and definitively announce that Kevin Warsh has ceased or will cease to hold the position of Chair of the Federal Reserve of the United States. Such an announcement will qualify regardless of when the specified person formally leaves the position. Announcements of the specified person's resignation, removal, or departure through other means all qualify. Only announcements which are framed as announcing a departure intended to be effective within 18 months of the date of the announcement will qualify (e.g., neither "I will leave office in 2 years," nor "I will not be in office forever," would qualify). Announcements of 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 following do not qualify as public and definitive announcements: statements that the specified person is considering or open to departing; conditional statements that the specified person will depart only if certain conditions are met; the announcement of an offer of resignation that requires acceptance and remains pending or has been refused; media reports that the specified person plans to depart; statements made in sarcasm or jest; and statements by persons other than the specified person, the relevant authority governing the specified position, or their respective authorized representatives. If the specified person holds the specified position on a predefined term with a scheduled end date, only announcements that they will depart the position prior to the scheduled end of their term qualify. If the specified person formally ceases to hold the specified position before the end of their scheduled term without a qualifying announcement, the market will resolve to "Yes" if a consensus of credible reporting confirms the departure by the specified date, 11:59 PM ET. The primary resolution sources for this market will be official information from Kevin Warsh and the Federal Reserve of the United States; however, a consensus of credible reporting may also be used.Kevin Warsh assumed the Federal Reserve chairmanship in May 2026 for a term through 2030, succeeding Jerome Powell amid expectations of easier policy under President Trump. Trader sentiment on early departure reflects Warsh’s subsequent hawkish pivot: he has eliminated forward guidance, pared policy statements to factual summaries, launched task forces on inflation, communications, and the balance sheet, and repeatedly stressed commitment to the 2% target despite inflation remaining above 3.5% year-over-year into mid-2026 amid energy shocks and tariffs. Markets have priced in limited near-term removal risk, with implied probabilities for an exit by year-end 2026 or mid-2027 staying in the low single digits to low teens, as his operational reforms and data-dependent stance have reinforced institutional independence even as Treasury yields hover near multi-year highs and the Fed holds the funds rate at 3.50–3.75%. The August 28 Jackson Hole speech and September FOMC meeting represent key near-term tests of whether policy divergence with the administration intensifies.

This market will resolve to "Yes" if Kevin Warsh’s departure as Chair of the Federal Reserve of the United States is officially announced by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".

The departure will be considered to be announced when Kevin Warsh, the Federal Reserve of the United States, or their authorized representatives publicly and definitively announce that Kevin Warsh has ceased or will cease to hold the position of Chair of the Federal Reserve of the United States. Such an announcement will qualify regardless of when the specified person formally leaves the position. Announcements of the specified person's resignation, removal, or departure through other means all qualify.

Only announcements which are framed as announcing a departure intended to be effective within 18 months of the date of the announcement will qualify (e.g., neither "I will leave office in 2 years," nor "I will not be in office forever," would qualify).

Announcements of 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 following do not qualify as public and definitive announcements: statements that the specified person is considering or open to departing; conditional statements that the specified person will depart only if certain conditions are met; the announcement of an offer of resignation that requires acceptance and remains pending or has been refused; media reports that the specified person plans to depart; statements made in sarcasm or jest; and statements by persons other than the specified person, the relevant authority governing the specified position, or their respective authorized representatives.

If the specified person holds the specified position on a predefined term with a scheduled end date, only announcements that they will depart the position prior to the scheduled end of their term qualify.

If the specified person formally ceases to hold the specified position before the end of their scheduled term without a qualifying announcement, the market will resolve to "Yes" if a consensus of credible reporting confirms the departure by the specified date, 11:59 PM ET.

The primary resolution sources for this market will be official information from Kevin Warsh and the Federal Reserve of the United States; however, a consensus of credible reporting may also be used.
Volume
$26,139
End Date
Jul 1, 2027
Market Opened
Jul 24, 2026, 11:47 AM ET

Resolver

0x65070BE91...
This market will resolve to "Yes" if Kevin Warsh’s departure as Chair of the Federal Reserve of the United States is officially announced by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". The departure will be considered to be announced when Kevin Warsh, the Federal Reserve of the United States, or their authorized representatives publicly and definitively announce that Kevin Warsh has ceased or will cease to hold the position of Chair of the Federal Reserve of the United States. Such an announcement will qualify regardless of when the specified person formally leaves the position. Announcements of the specified person's resignation, removal, or departure through other means all qualify. Only announcements which are framed as announcing a departure intended to be effective within 18 months of the date of the announcement will qualify (e.g., neither "I will leave office in 2 years," nor "I will not be in office forever," would qualify). Announcements of 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 following do not qualify as public and definitive announcements: statements that the specified person is considering or open to departing; conditional statements that the specified person will depart only if certain conditions are met; the announcement of an offer of resignation that requires acceptance and remains pending or has been refused; media reports that the specified person plans to depart; statements made in sarcasm or jest; and statements by persons other than the specified person, the relevant authority governing the specified position, or their respective authorized representatives. If the specified person holds the specified position on a predefined term with a scheduled end date, only announcements that they will depart the position prior to the scheduled end of their term qualify. If the specified person formally ceases to hold the specified position before the end of their scheduled term without a qualifying announcement, the market will resolve to "Yes" if a consensus of credible reporting confirms the departure by the specified date, 11:59 PM ET. The primary resolution sources for this market will be official information from Kevin Warsh and the Federal Reserve of the United States; however, a consensus of credible reporting may also be used.

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Frequently Asked Questions

"Warsh out as Fed Chair by…?" is a prediction market on Polymarket with 2 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "June 30, 2027" at 11%, followed by "December 31, 2026" at 5%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 11¢ implies that the market collectively assigns a 11% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Warsh out as Fed Chair by…?" has generated $26.1K in total trading volume since the market launched on Jul 24, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Warsh out as Fed Chair by…?," browse the 2 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "Warsh out as Fed Chair by…?" is "June 30, 2027" at 11%, meaning the market assigns a 11% chance to that outcome. The next closest outcome is "December 31, 2026" at 5%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "Warsh out as Fed Chair by…?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.