This market will resolve according to the next date (ET) on which the Trump administration announces a new nominee for Chair of the Federal Reserve. An announcement from Donald Trump or the Trump administration stating their intent to nominate a specific individual for Chair of the Federal Reserve will suffice to resolve this market, regardless of whether a formal nomination actually occurs. Qualifying announcements must explicitly present the relevant individual as the nominee or future nominee for Chair of the Federal Reserve. Announcements of acting or interim appointments, or announcements which merely reveal potential candidates, will not qualify. Media reports, speculation, or other unofficial information will not qualify. A formal presidential nomination of an individual to be Chair of the Federal Reserve, made on a listed date, will also resolve this market. Formal nominations are defined as the submission of a nomination message to the U.S. Senate. If no qualifying announcement is made by January 31, 2026, 11:59 PM ET, this market will resolve to “No announcement by Jan 31”. The resolution sources for this market will be official announcements from Donald Trump or the Trump administration and official information from the U.S. Senate.