Resolution criteria on PolyGram: This market will resolve to "Yes" if the criminal investigation into Jerome Powell over his congressional testimony in June 2025 about the renovation of the Central Bank’s headquarters is dropped before Kevin Warsh is confirmed as chair of the Federal Reserve. Otherwise, this market will resolve to "No". The investigation will be considered to be dropped if it is definitively announced by the DoJ, Donald Trump, or other relevant members of the Trump Administration that the investigation is or will be ended without proceeding to any charges or indictment, or if the investigation is otherwise confirmed to have ended without charges by a broad consensus of credible reporting.
PolyGram is an on-chain prediction market where you trade YES or NO outcome shares with real USDC on Polygon. For this market, buy YES if you believe the event will happen, or NO if you think it won't. Your maximum loss is your stake — winning shares pay $1.00 each at resolution. Unlike sportsbooks, there is no house edge: prices are set by supply and demand from other traders and reflect the crowd's real-time probability.
Market outcomes
| Trump drops Powell investigation before Warsh is confirmed? | 100% YES | 0% NO |
In June 2025, the Department of Justice initiated a criminal investigation into Jerome Powell, the Federal Reserve chair, concerning his congressional testimony about renovations to the Federal Reserve's headquarters. The market examines whether this investigation will be formally dropped before Kevin Warsh achieves confirmation as Powell's successor. The 100% implied probability on Polymarket's order book reflects traders' assessment that a discontinuation is virtually certain to occur before Warsh's confirmation process concludes.
Historical precedent suggests that politically sensitive investigations into sitting or recently departed federal officials often conclude without charges when administrations change or shift priorities. The investigation into Hillary Clinton's email practices, initiated under previous administrations, was similarly shelved without prosecution. Such cases demonstrate that DoJ investigations into high-profile figures frequently terminate through administrative closure rather than formal indictment, particularly when political incentives shift. The Powell investigation's narrow scope—focused on specific testimony rather than broader conduct—may further increase the likelihood of administrative resolution.
The timeline hinges on two key variables: the pace of Warsh's Senate confirmation hearings and any public statements from Trump administration officials regarding the investigation's status. Warsh's confirmation process typically spans weeks to months from nomination to Senate vote. Traders should monitor DoJ announcements, statements from the Attorney General, and any congressional testimony addressing the investigation's continuation. The settlement window extends to 31 October 2026, providing substantial time for either resolution pathway, though market pricing suggests traders expect closure well before that date.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a two-hour dispute window opens, and if no one stakes a counter-claim the payout is final. Contested outcomes escalate to UMA token-holder voting. Payouts clear in USDC to the winning side.
The mechanics for trading "Trump drops Powell investigation before Warsh is confirmed?" are the same as any other PolyGram event contract. Each YES share resolves to $1 if the event happens, or $0 if it doesn't. The current price between 0¢ and 100¢ is the market's probability estimate, set live by the order book.
$13K in lifetime turnover and $0 of resting liquidity puts this market in the below the median by volume for fed contracts on PolyGram. Order-book depth is thin — large orders may need to be split across the book or executed as limit orders.
The market has been open for under a month — fresh enough that information asymmetry remains a real factor.
Higher-volume markets tend to have tighter spreads and faster price discovery — meaning the displayed YES/NO percentages are more likely to reflect the true crowd-implied probability rather than a single trader's directional view.
As of today, traders on Polymarket price this outcome at 100%. The number updates continuously as the order book clears. PolyGram mirrors the same live odds with locale-aware formatting and USDC settlement.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a 2-hour dispute window opens, and if uncontested the payout is final. Contested outcomes escalate to UMA token holders.
This prediction market is scheduled to close on 31 October 2026. After the resolving event occurs, settlement typically clears within 24 hours once the UMA optimistic oracle confirms the outcome. All payouts are in USDC on the Polygon network.
To trade on this prediction market, create a free PolyGram account at polygram.ink, deposit USDC via Polygon, and place a YES or NO order on the outcome you believe in. You can learn more on our how-it-works page. Your maximum loss is limited to your stake — there is no leverage or margin.
When the outcome is determined, winning YES shares pay out $1.00 each in USDC, while losing shares pay $0. Settlement is handled by the UMA optimistic oracle on Polygon — a proposer submits the result, a two-hour dispute window opens, and if uncontested, payouts are distributed automatically. You can withdraw your winnings to any Polygon wallet.
Prediction-market positions can lose 100% of staked capital. Outcomes are uncertain by definition — historical accuracy of crowd-implied probabilities is high in aggregate but not for any single market. PolyGram does not provide investment advice. Trade only with capital you can afford to lose.
Regulatory status varies by jurisdiction. Germany, the United States, and most EU countries treat Polymarket-style event contracts under one of three frameworks: financial derivative, gambling product, or unregulated novel asset. Consult local counsel before trading.
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