Donald Trump To Fire Jerome Powell? Polymarket Traders Say ‘No, But…’
Posted On July 16, 2025
Wagers on the decentralized predictions platform Polymarket suggest a growing belief that Donald Trump may move to oust Federal Reserve Chair Jerome Powell, with traders assigning a 22% probability to the scenario playing out by the end of 2025.
The “Yes” outcome traded as high as 40% earlier on Wednesday after rising speculation following a series of private and public signals from Trump and Republican allies.
The surge in betting interest coincides with revelations from a senior White House official, who told CNBC that Trump directly asked GOP lawmakers in a closed-door Oval Office meeting whether he should remove Powell.
According to the official, lawmakers expressed support, and Trump indicated he was leaning toward the decision. …
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