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icon for Lisa Cook officially out as Fed Governor by...?

Lisa Cook officially out as Fed Governor by...?

icon for Lisa Cook officially out as Fed Governor by...?

Lisa Cook officially out as Fed Governor by...?

NEW
Dec 31, 2026
Polymarket

$5,007 Vol.

Polymarket

September 30

$1,300 Vol.

1%

October 31

$1,446 Vol.

2%

November 30

$1,021 Vol.

7%

December 31

$1,240 Vol.

8%

This market will resolve to "Yes" if Lisa Cook formally ceases to hold the position of Member of the US Federal Reserve Board of Governors by the specified date, 11:59 PM ET. Otherwise, it will resolve to "No". 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.President Trump’s August 2026 renewal of removal proceedings against Fed Governor Lisa Cook—citing 2021 mortgage allegations and providing a 21-day response window ending August 26—remains the dominant driver of trader sentiment on her departure timeline. The June 2026 Supreme Court 5-4 ruling in Trump v. Cook upheld the Federal Reserve Act’s “for cause” standard and due-process requirements, blocking the prior firing while allowing further process and preserving Cook’s 14-year term through 2038. This framework, combined with Cook’s continued FOMC participation and August 5 economic speech, keeps near-term exit odds low as markets price in protracted litigation and institutional resistance to politicizing monetary policy. Key upcoming catalysts include the White House’s response to any rebuttal and potential district-court developments, which could shift implied probabilities around year-end or 2027 milestones.

This market will resolve to "Yes" if Lisa Cook formally ceases to hold the position of Member of the US Federal Reserve Board of Governors by the specified date, 11:59 PM ET. Otherwise, it will resolve to "No".

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.
Volume
$5,007
End Date
Jan 1, 2027
Market Opened
Aug 7, 2026, 5:51 PM ET
This market will resolve to "Yes" if Lisa Cook formally ceases to hold the position of Member of the US Federal Reserve Board of Governors by the specified date, 11:59 PM ET. Otherwise, it will resolve to "No". 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.
This market will resolve to "Yes" if Lisa Cook formally ceases to hold the position of Member of the US Federal Reserve Board of Governors by the specified date, 11:59 PM ET. Otherwise, it will resolve to "No". 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.President Trump’s August 2026 renewal of removal proceedings against Fed Governor Lisa Cook—citing 2021 mortgage allegations and providing a 21-day response window ending August 26—remains the dominant driver of trader sentiment on her departure timeline. The June 2026 Supreme Court 5-4 ruling in Trump v. Cook upheld the Federal Reserve Act’s “for cause” standard and due-process requirements, blocking the prior firing while allowing further process and preserving Cook’s 14-year term through 2038. This framework, combined with Cook’s continued FOMC participation and August 5 economic speech, keeps near-term exit odds low as markets price in protracted litigation and institutional resistance to politicizing monetary policy. Key upcoming catalysts include the White House’s response to any rebuttal and potential district-court developments, which could shift implied probabilities around year-end or 2027 milestones.

This market will resolve to "Yes" if Lisa Cook formally ceases to hold the position of Member of the US Federal Reserve Board of Governors by the specified date, 11:59 PM ET. Otherwise, it will resolve to "No".

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.
Volume
$5,007
End Date
Jan 1, 2027
Market Opened
Aug 7, 2026, 5:51 PM ET
This market will resolve to "Yes" if Lisa Cook formally ceases to hold the position of Member of the US Federal Reserve Board of Governors by the specified date, 11:59 PM ET. Otherwise, it will resolve to "No". 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.

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Frequently Asked Questions

"Lisa Cook officially out as Fed Governor by...?" is a prediction market on Polymarket with 4 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "December 31" at 8%, followed by "November 30" at 7%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 8¢ implies that the market collectively assigns a 8% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

"Lisa Cook officially out as Fed Governor by...?" is a newly created market on Polymarket, launched on Aug 7, 2026. As an early market, this is your opportunity to be among the first traders to set the odds and establish the market's initial price signals. You can also bookmark this page to track volume and trading activity as the market gains traction over time.

To trade on "Lisa Cook officially out as Fed Governor by...?," browse the 4 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

This is a wide-open market. The current leader for "Lisa Cook officially out as Fed Governor by...?" is "December 31" at just 8%, with "November 30" close behind at 7%. With no outcome commanding a strong majority, traders see this as highly uncertain, which can present unique trading opportunities. These odds update in real-time, so bookmark this page to watch how the probabilities evolve.

The resolution rules for "Lisa Cook officially out as Fed Governor by...?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.