Trump’s renewed August 2026 effort to remove Federal Reserve Governor Lisa Cook centers on mortgage-fraud allegations from 2021, but the June 29 Supreme Court 5-4 decision requires formal notice and an opportunity to respond before any “for cause” termination under the Federal Reserve Act. Cook’s counsel rejected the claims as inadvertent and lacking intent, preserving her seat pending lower-court review of the factual record. The episode tests the central bank’s statutory insulation from political pressure amid debates over monetary policy, with Cook’s term extending to 2038 and any successful removal requiring documented cause rather than at-will authority. Markets continue to price the procedural barriers and ongoing litigation as the dominant near-term constraints.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$23,819 Vol.
Dec 31, 2026
September 30
<1%
October 31
1%
November 30
2%
December 31
5%
$23,819 Vol.
September 30
$11,531 Vol.
<1%
October 31
$8,296 Vol.
1%
November 30
$1,316 Vol.
2%
December 31
$2,675 Vol.
5%
This market will resolve to "Yes" if Lisa Cook formally ceases to hold the position of Member of the US Federal Reserve Board of Governors by the specified date, 11:59 PM ET. Otherwise, it will resolve to "No".
Lisa Cook must formally cease to hold the specified position in accordance with the laws, rules, or procedures applicable to that position. Announcements of a future departure do not qualify. The means of departure do not impact settlement; resignation, removal, dismissal, or other means all qualify.
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 resolution source for this market will be information from the Federal Reserve Board of Governors, however a consensus of credible reporting will also suffice.Trump’s renewed August 2026 effort to remove Federal Reserve Governor Lisa Cook centers on mortgage-fraud allegations from 2021, but the June 29 Supreme Court 5-4 decision requires formal notice and an opportunity to respond before any “for cause” termination under the Federal Reserve Act. Cook’s counsel rejected the claims as inadvertent and lacking intent, preserving her seat pending lower-court review of the factual record. The episode tests the central bank’s statutory insulation from political pressure amid debates over monetary policy, with Cook’s term extending to 2038 and any successful removal requiring documented cause rather than at-will authority. Markets continue to price the procedural barriers and ongoing litigation as the dominant near-term constraints.
This market will resolve to "Yes" if Lisa Cook formally ceases to hold the position of Member of the US Federal Reserve Board of Governors by the specified date, 11:59 PM ET. Otherwise, it will resolve to "No".
Lisa Cook must formally cease to hold the specified position in accordance with the laws, rules, or procedures applicable to that position. Announcements of a future departure do not qualify. The means of departure do not impact settlement; resignation, removal, dismissal, or other means all qualify.
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 resolution source for this market will be information from the Federal Reserve Board of Governors, however a consensus of credible reporting will also suffice.
Lisa Cook must formally cease to hold the specified position in accordance with the laws, rules, or procedures applicable to that position. Announcements of a future departure do not qualify. The means of departure do not impact settlement; resignation, removal, dismissal, or other means all qualify.
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 resolution source for this market will be information from the Federal Reserve Board of Governors, however a consensus of credible reporting will also suffice.
Market Opened: Aug 7, 2026, 5:51 PM ET
Volume
$23,819End Date
Jan 1, 2027Market Opened
Aug 7, 2026, 5:51 PM ETResolver
0x65070BE91...This market will resolve to "Yes" if Lisa Cook formally ceases to hold the position of Member of the US Federal Reserve Board of Governors by the specified date, 11:59 PM ET. Otherwise, it will resolve to "No".
Lisa Cook must formally cease to hold the specified position in accordance with the laws, rules, or procedures applicable to that position. Announcements of a future departure do not qualify. The means of departure do not impact settlement; resignation, removal, dismissal, or other means all qualify.
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 resolution source for this market will be information from the Federal Reserve Board of Governors, however a consensus of credible reporting will also suffice.Trump’s renewed August 2026 effort to remove Federal Reserve Governor Lisa Cook centers on mortgage-fraud allegations from 2021, but the June 29 Supreme Court 5-4 decision requires formal notice and an opportunity to respond before any “for cause” termination under the Federal Reserve Act. Cook’s counsel rejected the claims as inadvertent and lacking intent, preserving her seat pending lower-court review of the factual record. The episode tests the central bank’s statutory insulation from political pressure amid debates over monetary policy, with Cook’s term extending to 2038 and any successful removal requiring documented cause rather than at-will authority. Markets continue to price the procedural barriers and ongoing litigation as the dominant near-term constraints.
This market will resolve to "Yes" if Lisa Cook formally ceases to hold the position of Member of the US Federal Reserve Board of Governors by the specified date, 11:59 PM ET. Otherwise, it will resolve to "No".
Lisa Cook must formally cease to hold the specified position in accordance with the laws, rules, or procedures applicable to that position. Announcements of a future departure do not qualify. The means of departure do not impact settlement; resignation, removal, dismissal, or other means all qualify.
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 resolution source for this market will be information from the Federal Reserve Board of Governors, however a consensus of credible reporting will also suffice.
Lisa Cook must formally cease to hold the specified position in accordance with the laws, rules, or procedures applicable to that position. Announcements of a future departure do not qualify. The means of departure do not impact settlement; resignation, removal, dismissal, or other means all qualify.
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 resolution source for this market will be information from the Federal Reserve Board of Governors, however a consensus of credible reporting will also suffice.
Volume
$23,819End Date
Jan 1, 2027Market Opened
Aug 7, 2026, 5:51 PM ETResolver
0x65070BE91...Trump’s renewed August 2026 effort to remove Federal Reserve Governor Lisa Cook centers on mortgage-fraud allegations from 2021, but the June 29 Supreme Court 5-4 decision requires formal notice and an opportunity to respond before any “for cause” termination under the Federal Reserve Act. Cook’s counsel rejected the claims as inadvertent and lacking intent, preserving her seat pending lower-court review of the factual record. The episode tests the central bank’s statutory insulation from political pressure amid debates over monetary policy, with Cook’s term extending to 2038 and any successful removal requiring documented cause rather than at-will authority. Markets continue to price the procedural barriers and ongoing litigation as the dominant near-term constraints.
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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