Trump drops Powell investigation before Warsh is confirmed?

Prediction market · Polymarket

Overview

This market will resolve to "Yes" if the criminal investigation into Jerome Powell over his congressional testimony in June 2025 about the renovation of the Central Bank’s headquarters is dropped before Kevin Warsh is confirmed as chair of the Federal Reserve. Otherwise, this market will resolve to "No". The investigation will be considered to be dropped if it is definitively announced by the DoJ, Donald Trump, or other relevant members of the Trump Administration that the investigation is or will be ended without proceeding to any charges or indictment, or if the investigation is otherwise confirmed to have ended without charges by a broad consensus of credible reporting. If the United States federal government formally charges or announces a criminal indictment of Jerome Powell as a result of this investigation prior to Warsh’s confirmation, this market will immediately resolve to “No”. Kevin Warsh being confirmed as chair of the Federal Reserve requires the Senate to confirm Warsh’s nomination as Chair of the Federal Reserve. Recess appointments without Senate confirmation will not count. Senate confirmation of Warsh as a member of the Federal Reserve Board of Governors will not alone qualify. If neither occurs by October 31, 2026, 11:59 PM ET, this market will resolve to "No". The primary resolution sources for this market are official information from the U.S. federal government. However, consensus of credible reporting may also be used.

Ticker

trump-drops-powell-investigation-before-warsh-is-confirmed

Volume

995

24h volume

300

1w volume

995

Open interest

379

Liquidity

15.6K

Liquidity CLOB

15.6K

Start

Apr 16, 2026

End

Oct 31, 2026

Status

Active

Access

Restricted

Created

Apr 16, 2026

Event ID

383037

Slug

trump-drops-powell-investigation-before-warsh-is-confirmed

Markets

1

Raw event data
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  "title": "Trump drops Powell investigation before Warsh is confirmed?",
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    "context_description": "Trader consensus on Polymarket prices a 63% implied probability that President Trump drops the DOJ investigation into Fed Chair Jerome Powell's handling of headquarters renovation cost overruns before Kevin Warsh's Senate confirmation as his successor, driven by mounting GOP pressure ahead of Powell's May 15 term end. Key Republican Sen. Thom Tillis continues blocking Warsh's advancement in the Senate Banking Committee until the probe ends, complicating Trump's push for a more accommodative Fed policy stance amid elevated Treasury yields and persistent inflation concerns. Recent Trump statements doubling down on the probe contrast with bipartisan criticism and a federal judge's prior dismissal of subpoenas for lack of evidence, while Warsh's confirmation hearing looms this week as the pivotal catalyst.",
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    "context_updated_at": "2026-04-20T20:56:19.529Z"
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