Kevin Warsh out Fed Chair? ·closes in 16mo

Will Kevin Warsh be out as chairman of the Board of Governors of the Federal Reserve System before Jan 1, 2028?

YES means Before Jan 1, 2028

24h volume
0
3,088 lifetime
Open interest
1,150
Spread
12 × 500 at the touch
24h range
22 recent trades
Chance of YES
3%

A YES contract costs and pays $1 if it happens.

NO
97%

costs 96¢

YES bid / ask
/
NO bid / ask
94¢ / 96¢
Recent buying32% YES · 68% NO
What Galdor thinks

An independent read of this market

1Reads the rules literallySettlement source, close time, and the edge cases that flip an outcome.
2Checks the tape and the webOrder book, flow, price history, then targeted searches with sources.
3Gives a straight answerA probability with a band, and one of four calls: YES, NO, wait, or stay out.

Generated by an AI analyst from live exchange data and public web sources. Research and analytics, not investment advice. Markets can move after this was written.

Price history

YES price per candle with the bid/ask band, volume underneath. Times in UTC.

Not enough history to chart.

Order book

Resting orders, both sides shown as YES prices. Bars are size.

Order book unavailable.

How this market resolves

Verbatim from Kalshi. Read this before the price.

If Kevin Warsh leaves as chairman of the Board of Governors of the Federal Reserve System before Jan 1, 2028, then the market resolves to Yes.

Kevin Warsh must have an actual departure date and vacate the role within the time period. If the person leaves the role due to death (i.e., if the person dies while holding the role), all contracts on the person may resolve to the last fair price as determined in the sole discretion of the Exchange. Temporary leaves of absence, suspensions, or recusals do not constitute leaving, resigning from, or retiring from the role unless the individual formally and permanently ceases to hold the position. If the person vacates the role and then re-occupies the role, the contract may settle on the initial vacation of the role. For "leave," cessation of holding the role qualifies, including resignation, retirement, removal, expulsion, expiration of term without renewal, recall, or other means by which the individual no longer occupies the role—this includes both voluntary and involuntary early departure AND the natural expiration of a term.

Settlement sources
opened
Jul 22 · 3:35 PM UTC
closes
Jan 1, 2028 · 4:59 AM UTC · may close early
settles by
Jan 8, 2030 · 3:00 PM UTC
ticker
KXWARSHOUT-26JUL-28JAN01
Trade it on kalshi.com

Other outcomes in this event

Outcomes in this event settle independently.

Recent trades

Over the last 22 trades, 32% of contracts were bought on the YES side.

WhenYESContractsSide
7d ago100bought no
1mo ago1.02bought no
1mo ago302bought yes
1mo ago250bought yes
1mo ago446bought yes
2mo ago25bought no
2mo ago99bought no
2mo ago150bought no
2mo ago1bought no
2mo ago5bought no
2mo ago25bought no
2mo ago5bought no
2mo ago28bought no
2mo ago25bought no
2mo ago100bought no

Prices are YES cost in cents and approximate the market’s implied probability. Data is read live from the Kalshi Trade API on every page load. galdor.xyz places no orders and holds no positions. Research and analytics, not investment advice.