President Trump’s renewed August 2026 effort to remove Fed Governor Lisa Cook over unproven 2021 mortgage misstatements—denied by Cook as an inadvertent oversight—remains the dominant driver of trader sentiment. The Supreme Court’s June 29, 2026, 5-4 ruling preserved “for cause” protections under the Federal Reserve Act and required due process, blocking immediate dismissal while litigation continues in lower courts. With Cook’s term extending to 2038 and no criminal charges filed, market-implied odds for near-term removal stay low, reflecting the high bar for ousting a sitting governor and the central bank’s institutional independence. Key upcoming catalysts include further district court rulings and any new White House filings that could alter the timeline.
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
6%
December 31
5%
$14,414 Vol.
September 30
1%
October 31
2%
November 30
6%
December 31
5%
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...President Trump’s renewed August 2026 effort to remove Fed Governor Lisa Cook over unproven 2021 mortgage misstatements—denied by Cook as an inadvertent oversight—remains the dominant driver of trader sentiment. The Supreme Court’s June 29, 2026, 5-4 ruling preserved “for cause” protections under the Federal Reserve Act and required due process, blocking immediate dismissal while litigation continues in lower courts. With Cook’s term extending to 2038 and no criminal charges filed, market-implied odds for near-term removal stay low, reflecting the high bar for ousting a sitting governor and the central bank’s institutional independence. Key upcoming catalysts include further district court rulings and any new White House filings that could alter the timeline.
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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