President Trump's renewed August 2026 push to remove Federal Reserve Governor Lisa Cook over 2021 mortgage fraud allegations—following the Supreme Court's June 29 ruling upholding her position—drives current trader sentiment on removal timelines. The White House letter, issued August 5 and giving Cook until August 26 to respond, tests limits on executive authority over the independent central bank amid ongoing legal challenges. Markets weigh Fed independence precedents against administration momentum, with Cook's term extending to 2038; key near-term catalysts include her response deadline and potential court filings that could clarify removal standards or delay outcomes.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedSeptember 30
2%
October 31
3%
November 30
5%
December 31
7%
$4,557 Vol.
September 30
2%
October 31
3%
November 30
5%
December 31
7%
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 push to remove Federal Reserve Governor Lisa Cook over 2021 mortgage fraud allegations—following the Supreme Court's June 29 ruling upholding her position—drives current trader sentiment on removal timelines. The White House letter, issued August 5 and giving Cook until August 26 to respond, tests limits on executive authority over the independent central bank amid ongoing legal challenges. Markets weigh Fed independence precedents against administration momentum, with Cook's term extending to 2038; key near-term catalysts include her response deadline and potential court filings that could clarify removal standards or delay outcomes.
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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