President Donald Trump on Friday announced that Katie Zacharia will be the new White House Press Secretary, replacing Karoline Leavitt, who left the administration in late August.

According to her LinkedIn profile, Zacharia joined Trump Media as a senior communications adviser in June.

She previously worked as a spokeswoman for the Department of Homeland Security and has made numerous appearances on Fox News and other media outlets.

Prediction Market Bets On Her Exit

The prediction market is betting on when Zacharia will leave the administration.

Data from Kalshi, a federally authorized betting platform, shows that over $485,000 has been bet on the contract "Katie Zacharia out as White House Press Secretary?"

Bettors have placed a 38% probability of Zacharia leaving the administration "Before Jan 1, 2027," which increases to 63% for "Before Jul 1, 2027." The probability is highest for "Before Jan 1, 2028" at 85%.

Disclaimer: Kalshi and MarketDash have an existing data collaboration agreement.

Stephen King Slams Zacharia

Author Stephen King has criticized Zacharia over her past social media posts promoting vaccine-related claims, questioning the 2020 election results and allegedly encouraging Trump to seek a third term.

According to a report by Wall Street Journal, Zacharia, whom Trump referred to as an attorney, sat for the California bar exam but did not pass.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by MarketDash editors.