**The primary driver of low market-implied odds for Lisa Cook’s removal as Federal Reserve governor by late 2026 is the Supreme Court’s June 29, 2026, 5-4 ruling that blocked immediate dismissal on procedural grounds while upholding the “for cause” standard under the Federal Reserve Act.** The decision remanded the case for further district-court review of mortgage-fraud allegations dating to 2021, preserving Fed independence precedents. In August 2026 the White House reopened the process with a formal notice-and-response letter; Cook’s counsel replied on August 26 denying intentional wrongdoing and asserting no legal basis for removal. With Cook’s term extending to 2038 and no new factual findings or charges, traders price in substantial procedural and institutional hurdles to ouster before year-end. Key upcoming catalysts include district-court proceedings and any additional administration filings.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$14,414 Vol.
September 30
1%
October 31
2%
November 30
7%
December 31
6%
$14,414 Vol.
September 30
1%
October 31
2%
November 30
7%
December 31
6%
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
Resolver
0x65070BE91...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.
Resolver
0x65070BE91...**The primary driver of low market-implied odds for Lisa Cook’s removal as Federal Reserve governor by late 2026 is the Supreme Court’s June 29, 2026, 5-4 ruling that blocked immediate dismissal on procedural grounds while upholding the “for cause” standard under the Federal Reserve Act.** The decision remanded the case for further district-court review of mortgage-fraud allegations dating to 2021, preserving Fed independence precedents. In August 2026 the White House reopened the process with a formal notice-and-response letter; Cook’s counsel replied on August 26 denying intentional wrongdoing and asserting no legal basis for removal. With Cook’s term extending to 2038 and no new factual findings or charges, traders price in substantial procedural and institutional hurdles to ouster before year-end. Key upcoming catalysts include district-court proceedings and any additional administration filings.
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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