Michael Barr officially out as Fed Governor by December 31?
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The question is whether “Michael Barr officially out as Fed Governor by December 31?” occurs by the stated deadline and under the published conditions.
A Yes outcome requires the stated conditions to be met; No covers the alternative.
The qualifying event, evidence source, cutoff time, and any exceptions are documented in the Resolution Rules below.
This market will resolve to "Yes" if Michael Barr formally ceases to hold the position of Member of the US Federal Reserve Board of Governors by the specified date, 11:59 PM ET. Otherwise, it will resolve to "No".
Michael Barr must formally cease to hold the specified position in accordance with the laws, rules, or procedures applicable to that position. Announcements of a future departure do not qualify. The means of departure do not impact settlement; resignation, removal, dismissal, or other means all qualify.
Temporary leaves of absence, dated suspensions, indefinite suspensions, administrative leaves, or other temporary changes to the specified person’s duties in the specified position do not qualify.
The resolution source for this market will be information from the Federal Reserve Board of Governors, however a consensus of credible reporting will also suffice.