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icon for Hung Cao confirmed as Secretary of the Navy by...?
Politics·Navy

Hung Cao confirmed as Secretary of the Navy by...?

icon for Hung Cao confirmed as Secretary of the Navy by...?
Politics·Navy

Hung Cao confirmed as Secretary of the Navy by...?

NEW
Sep 30, 2026
Polymarket

$0.00 Vol.

Polymarket

September 30

$0 Vol.

16%

October 31

$0 Vol.

49%

November 30

$0 Vol.

49%

December 31

$0 Vol.

61%

This market will resolve to “Yes” if Hung Cao is confirmed by the U.S. Senate as Secretary of the Navy by the specified date at 11:59 PM ET. Otherwise, this market will resolve to “No”. If Hung Cao's nomination is formally withdrawn, this market will immediately resolve to “No”. The Senate must confirm this nominee as Secretary of the Navy for this market to resolve to "Yes". Recess appointments without Senate confirmation will not count toward a "Yes" resolution. Hung Cao's service as Acting Secretary of the Navy will not count toward a "Yes" resolution. The primary resolution source for this market is official information from the U.S. Senate; however, a consensus of credible reporting may also be used.Hung Cao, currently serving as acting Secretary of the Navy after John Phelan's April 2026 resignation, was formally nominated by President Trump for the permanent role on September 1, 2026, with the nomination transmitted to the Senate in mid-September. A 2021 statute requires service secretaries to have been retired from active duty for seven years, creating a key eligibility barrier since Cao retired as a captain in October 2021; both the House and Senate must pass waivers before confirmation can proceed. His prior Senate confirmation as Under Secretary in October 2025 passed 52-45, signaling potential partisan divides. Limited legislative days remain before the November midterms, after which shifts in House control could further complicate waiver passage.

This market will resolve to “Yes” if Hung Cao is confirmed by the U.S. Senate as Secretary of the Navy by the specified date at 11:59 PM ET. Otherwise, this market will resolve to “No”.

If Hung Cao's nomination is formally withdrawn, this market will immediately resolve to “No”.

The Senate must confirm this nominee as Secretary of the Navy for this market to resolve to "Yes". Recess appointments without Senate confirmation will not count toward a "Yes" resolution. Hung Cao's service as Acting Secretary of the Navy will not count toward a "Yes" resolution.

The primary resolution source for this market is official information from the U.S. Senate; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if Hung Cao is confirmed by the U.S. Senate as Secretary of the Navy by the specified date at 11:59 PM ET. Otherwise, this market will resolve to “No”. If Hung Cao's nomination is formally withdrawn, this market will immediately resolve to “No”. The Senate must confirm this nominee as Secretary of the Navy for this market to resolve to "Yes". Recess appointments without Senate confirmation will not count toward a "Yes" resolution. Hung Cao's service as Acting Secretary of the Navy will not count toward a "Yes" resolution. The primary resolution source for this market is official information from the U.S. Senate; however, a consensus of credible reporting may also be used.
Volume
$0
End Date
Jan 1, 2027
Market Opened
Sep 3, 2026, 6:03 PM ET

Resolver

0x65070BE91...
This market will resolve to “Yes” if Hung Cao is confirmed by the U.S. Senate as Secretary of the Navy by the specified date at 11:59 PM ET. Otherwise, this market will resolve to “No”. If Hung Cao's nomination is formally withdrawn, this market will immediately resolve to “No”. The Senate must confirm this nominee as Secretary of the Navy for this market to resolve to "Yes". Recess appointments without Senate confirmation will not count toward a "Yes" resolution. Hung Cao's service as Acting Secretary of the Navy will not count toward a "Yes" resolution. The primary resolution source for this market is official information from the U.S. Senate; however, a consensus of credible reporting may also be used.Hung Cao, currently serving as acting Secretary of the Navy after John Phelan's April 2026 resignation, was formally nominated by President Trump for the permanent role on September 1, 2026, with the nomination transmitted to the Senate in mid-September. A 2021 statute requires service secretaries to have been retired from active duty for seven years, creating a key eligibility barrier since Cao retired as a captain in October 2021; both the House and Senate must pass waivers before confirmation can proceed. His prior Senate confirmation as Under Secretary in October 2025 passed 52-45, signaling potential partisan divides. Limited legislative days remain before the November midterms, after which shifts in House control could further complicate waiver passage.

This market will resolve to “Yes” if Hung Cao is confirmed by the U.S. Senate as Secretary of the Navy by the specified date at 11:59 PM ET. Otherwise, this market will resolve to “No”.

If Hung Cao's nomination is formally withdrawn, this market will immediately resolve to “No”.

The Senate must confirm this nominee as Secretary of the Navy for this market to resolve to "Yes". Recess appointments without Senate confirmation will not count toward a "Yes" resolution. Hung Cao's service as Acting Secretary of the Navy will not count toward a "Yes" resolution.

The primary resolution source for this market is official information from the U.S. Senate; however, a consensus of credible reporting may also be used.This market will resolve to “Yes” if Hung Cao is confirmed by the U.S. Senate as Secretary of the Navy by the specified date at 11:59 PM ET. Otherwise, this market will resolve to “No”. If Hung Cao's nomination is formally withdrawn, this market will immediately resolve to “No”. The Senate must confirm this nominee as Secretary of the Navy for this market to resolve to "Yes". Recess appointments without Senate confirmation will not count toward a "Yes" resolution. Hung Cao's service as Acting Secretary of the Navy will not count toward a "Yes" resolution. The primary resolution source for this market is official information from the U.S. Senate; however, a consensus of credible reporting may also be used.
Volume
$0
End Date
Jan 1, 2027
Market Opened
Sep 3, 2026, 6:03 PM ET

Resolver

0x65070BE91...

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Frequently Asked Questions

"Hung Cao confirmed as Secretary of the Navy by...?" is a prediction market on Polymarket with 4 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "December 31" at 61%, followed by "October 31" at 49%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 61¢ implies that the market collectively assigns a 61% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

"Hung Cao confirmed as Secretary of the Navy by...?" is a newly created market on Polymarket, launched on Sep 3, 2026. As an early market, this is your opportunity to be among the first traders to set the odds and establish the market's initial price signals. You can also bookmark this page to track volume and trading activity as the market gains traction over time.

To trade on "Hung Cao confirmed as Secretary of the Navy by...?," browse the 4 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "Hung Cao confirmed as Secretary of the Navy by...?" is "December 31" at 61%, meaning the market assigns a 61% chance to that outcome. The next closest outcome is "October 31" at 49%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "Hung Cao confirmed as Secretary of the Navy by...?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.