## Market Snapshot
In the “Kevin Warsh Fed Chair Confirmation” market, YES shares are priced at near certainty following the confirmation news. The “Jerome Powell Out as Fed Chair by May 31, 2026” market is priced at 99.9% YES, reflecting the leadership transition.
## Key Takeaways
– Stephen Miran’s resignation appears to clear the path for Kevin Warsh’s confirmation as Fed Chair, consistent with a YES outcome. – Markets suggest a high likelihood of Jerome Powell’s departure by May 31, 2026, consistent with expectations of Warsh’s confirmation. – Kevin Warsh’s confirmation is expected to align the Federal Reserve’s leadership with President Trump’s economic priorities, supportive of the YES scenario.
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