Defense Secretary Pete Hegseth got overruled by President Donald Trump on Thursday after proposing a livestream of the execution of the former Army major who killed 13 people in 2009.
Pete Hegseth Firing Watch: Prediction Markets Give 62% Odds He's Out by February 2027
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Impeachment Article Against Hegseth
Hegseth has also been under scrutiny after articles of impeachment were filed against him.
Rep. Thomas Massie (R-Ky.), along with Democratic lawmakers, has accused Hegseth of initiating military action against Iran without congressional authorization and abusing the powers of the Defense Department.
Massie on Thursday urged Trump to fire Hegseth before lawmakers vote on impeachment articles accusing him of launching military action against Iran without congressional authorization.
“Trump should fire Hegseth to avoid Hegseth’s impeachment. It’s the honorable thing to do,” Massie wrote.
In the same post, Massie said the House recessed early to avoid the vote, and that he will reintroduce Hegseth articles of impeachment when lawmakers return for the lame duck session, regardless of the outcome of the midterm election.
Prediction Market Weighs In
Amid this, the prediction market is betting on when Hegseth will be removed as the Defense Secretary.
Data from Kalshi, a federally authorized betting platform, shows that over $1.4 million has been bet on the contract "Pete Hegseth out as Secretary of Defense?"
Bettors have placed a 62% probability that Hegseth will be out "Before Feb 1, 2027" and the probability climbs to 69% for "Before Apr 1, 2027."
Disclaimer: Kalshi and MarketDash have an existing data collaboration agreement.
Prediction Market Bets On Katie Zacharia’s Exit
Prediction Markets are also betting on when the newly appointed White House Press Secretary Katie Zacharia will leave the administration.
Bettors have placed a 38% probability of Zacharia leaving the administration "Before Jan 1, 2027," which increases to 63% for "Before Jul 1, 2027."
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by MarketDash editors.
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