Jerome Powell out from Fed Board by May 30?
June 1, 2026 · $287k volume
Why it resolved
Powell confirmed on April 29 that he will remain a member of the Federal Reserve Board of Governors after his chair term ends in May, definitively ruling out any departure by the May 30 deadline. The market had priced in uncertainty from the January DOJ investigation but collapsed from 42¢ to 8¢ on April 30 as the outcome became certain, then drifted to 0¢ by the May 30 resolution date.
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Causal record
Why it resolved, with sources
The decisive cause and the dated, linked news events that drove the outcome.
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Was the price honest
Per-market well-priced verdict, Brier score, and when the market first knew.
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