For several months, US President Donald Trump has publicly criticized Federal Reserve Chair Jerome Powell. Trump has threatened to dismiss or otherwise remove Powell, although doing so would be legally difficult.

The market will resolve to YES if, at any time before 03:59 UTC on January 1, 2025, Jerome Powell ceases to hold the position of Chair of the Board of Governors of the United States Federal Reserve System.

Data source: official information from the Federal Reserve’s website (federalreserve.gov), confirmed by reputable news agencies such as Reuters, AP, Bloomberg etc.