Jerome Powell out as Fed Chair by May 16, 2026?

Jerome Powell officially announced on April 29, 2026, during his FOMC press conference that his term as Fed Chair ends on May 15, 2026, after which he will remain a Fed Governor, confirmed by consensus of credible reporting from Reuters, NPR, NYT, CNN, and others. This announcement before the market end date triggers immediate Yes resolution per rules, and the term expiration on May 15 (between open April 27 and May 16) means he ceases to be Chair, satisfying the primary criterion using official Powell/Fed sources. No reappointment is indicated, smart money strongly backs Yes, and P(Yes) is ~100% with formal evidence.

Jerome Powell announced on April 29, 2026, that his term as Fed Chair ends on May 15, 2026, after which he will remain a Fed Governor, confirmed by consensus of credible reporting from NYT, CNN, CNBC, PBS, and others (e.g., NYT: 'After my term as chair ends on May 15'). This announcement before the market's end date (May 16) explicitly triggers 'Yes' resolution per the rules, regardless of effective date, and the event occurs within the market period (opened April 27). Official statement from Powell satisfies the resolution source; smart money strongly leans Yes; prices reflect near-consensus with verifiable edge.

Multiple credible sources (CNN, Reuters, NPR, NYT, CNBC) confirm Powell announced on April 29, 2026—after market open and before end date—that his term as Fed Chair ends May 15, 2026, after which he remains a governor. This satisfies the rules: announcement before end date triggers immediate Yes resolution regardless of effective date, and he will cease being Chair on May 15 (within the period). Smart money leans Yes; no risks or ambiguities per resolution criteria (official Powell/Fed statement). P(Yes) ≈100%, edge actionable.