President Trump's January nomination of former Fed Governor Kevin Warsh to succeed Jerome Powell as Federal Reserve Chair—whose term expires May 15, 2026—has stalled in the Senate confirmation process. The Senate Banking Committee canceled a planned hearing last week (April 9), citing Sen. Thom Tillis's hold over the DOJ's probe into Powell, pushing the earliest rescheduling to April 21. The White House, via adviser Kevin Hassett, remains confident in a pre-May confirmation despite the impasse. Traders assess GOP Senate control favoring passage against the tight timeline for committee vote, floor debate, and final approval, with historical precedents showing holds can extend timelines amid economic pressures.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$500,476 Vol.
May 1
2%
May 15
48%
$500,476 Vol.
May 1
2%
May 15
48%
If Kevin Warsh is formally nominated for the role, and his nomination is then formally withdrawn, or if the Senate rejects the nomination, this market will immediately resolve to “No”.
The Senate must confirm this nominee as Chair of the Federal Reserve for this market to resolve to "Yes". Recess appointments without Senate confirmation will not count toward a "Yes" resolution. Senate confirmation of Warsh as a member of the Federal Reserve Board of Governors will not alone qualify.
The primary resolution source for this market is official information from the U.S. Senate; however, a consensus of credible reporting may also be used.
Market Opened: Feb 2, 2026, 12:53 PM ET
Resolver
0x65070BE91...If Kevin Warsh is formally nominated for the role, and his nomination is then formally withdrawn, or if the Senate rejects the nomination, this market will immediately resolve to “No”.
The Senate must confirm this nominee as Chair of the Federal Reserve for this market to resolve to "Yes". Recess appointments without Senate confirmation will not count toward a "Yes" resolution. Senate confirmation of Warsh as a member of the Federal Reserve Board of Governors will not alone qualify.
The primary resolution source for this market is official information from the U.S. Senate; however, a consensus of credible reporting may also be used.
Resolver
0x65070BE91...President Trump's January nomination of former Fed Governor Kevin Warsh to succeed Jerome Powell as Federal Reserve Chair—whose term expires May 15, 2026—has stalled in the Senate confirmation process. The Senate Banking Committee canceled a planned hearing last week (April 9), citing Sen. Thom Tillis's hold over the DOJ's probe into Powell, pushing the earliest rescheduling to April 21. The White House, via adviser Kevin Hassett, remains confident in a pre-May confirmation despite the impasse. Traders assess GOP Senate control favoring passage against the tight timeline for committee vote, floor debate, and final approval, with historical precedents showing holds can extend timelines amid economic pressures.
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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