Jerome Powell has led the Federal Reserve as Chair since 2018, navigating the central bank through unprecedented monetary policy adjustments. This prediction market directly asks whether Powell will complete his tenure through May 31, 2026. Since Powell's leadership term extends to 2026, the market captures a specific timeframe for evaluating his potential departure. At 77% odds favoring departure, traders signal strong expectations for a leadership transition during this period, likely influenced by political, economic, or institutional factors. The relatively high odds suggest the market assesses a meaningful probability that Powell will step down rather than continue. The market has attracted approximately $720 in daily volume and maintains $4,169 in liquidity, providing reasonable trading depth. Federal Reserve chair transitions are significant and infrequent events with broad implications for monetary policy continuity and financial markets. Participants in this market are essentially trading on expectations around Powell's future role, potential succession timing, and the political and economic conditions that might prompt leadership change. The high probability reflects current trader sentiment on various scenarios that could accelerate or prompt Powell's departure from his role.