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icon for Pete Hegseth out as Secretary of Defense by May 31?

Pete Hegseth out as Secretary of Defense by May 31?

icon for Pete Hegseth out as Secretary of Defense by May 31?

Pete Hegseth out as Secretary of Defense by May 31?

2% chance
Polymarket

$636,187 Vol.

2% chance
Polymarket

$636,187 Vol.

This market will resolve to “Yes” if Pete Hegseth ceases to be U.S. Secretary of Defense for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”. An announcement of Pete Hegseth's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect. The resolution source for this market will be official information from Pete Hegseth and the U.S. government; however, a consensus of credible reporting may also be used.Pete Hegseth's firm position as Secretary of Defense, over 15 months after Senate confirmation and January 2025 swearing-in, drives trader consensus at 97.7% against his ouster by May 31, reflecting stability amid the ongoing Iran war and Pentagon leadership changes. Recent testimonies before House and Senate Appropriations committees on May 12—defending the FY2027 defense budget request and Iran ceasefire terms—underscore his active role, with no verified reports of resignation pressures or presidential dissatisfaction. Hegseth's recent dismissals of subordinates like Navy Secretary John Phelan signal retained authority under President Trump, whose cabinet travel inclusions reinforce support. While late-breaking scandals, major military setbacks, or health issues could theoretically prompt removal, absent such catalysts, markets price minimal risk in the 18-day window.

This market will resolve to “Yes” if Pete Hegseth ceases to be U.S. Secretary of Defense for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”.

An announcement of Pete Hegseth's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect.

The resolution source for this market will be official information from Pete Hegseth and the U.S. government; however, a consensus of credible reporting may also be used.
Volume
$636,187
End Date
May 31, 2026
Market Opened
Apr 27, 2026, 5:53 PM ET
This market will resolve to “Yes” if Pete Hegseth ceases to be U.S. Secretary of Defense for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”. An announcement of Pete Hegseth's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect. The resolution source for this market will be official information from Pete Hegseth and the U.S. government; however, a consensus of credible reporting may also be used.
This market will resolve to “Yes” if Pete Hegseth ceases to be U.S. Secretary of Defense for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”. An announcement of Pete Hegseth's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect. The resolution source for this market will be official information from Pete Hegseth and the U.S. government; however, a consensus of credible reporting may also be used.Pete Hegseth's firm position as Secretary of Defense, over 15 months after Senate confirmation and January 2025 swearing-in, drives trader consensus at 97.7% against his ouster by May 31, reflecting stability amid the ongoing Iran war and Pentagon leadership changes. Recent testimonies before House and Senate Appropriations committees on May 12—defending the FY2027 defense budget request and Iran ceasefire terms—underscore his active role, with no verified reports of resignation pressures or presidential dissatisfaction. Hegseth's recent dismissals of subordinates like Navy Secretary John Phelan signal retained authority under President Trump, whose cabinet travel inclusions reinforce support. While late-breaking scandals, major military setbacks, or health issues could theoretically prompt removal, absent such catalysts, markets price minimal risk in the 18-day window.

This market will resolve to “Yes” if Pete Hegseth ceases to be U.S. Secretary of Defense for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”.

An announcement of Pete Hegseth's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect.

The resolution source for this market will be official information from Pete Hegseth and the U.S. government; however, a consensus of credible reporting may also be used.
Volume
$636,187
End Date
May 31, 2026
Market Opened
Apr 27, 2026, 5:53 PM ET
This market will resolve to “Yes” if Pete Hegseth ceases to be U.S. Secretary of Defense for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”. An announcement of Pete Hegseth's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect. The resolution source for this market will be official information from Pete Hegseth and the U.S. government; however, a consensus of credible reporting may also be used.

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Frequently Asked Questions

"Pete Hegseth out as Secretary of Defense by May 31?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 2% for "Yes." For example, if "Yes" is priced at 2¢, the market collectively assigns a 2% chance that this event will occur. 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.

As of today, "Pete Hegseth out as Secretary of Defense by May 31?" has generated $636.2K in total trading volume since the market launched on Apr 27, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Pete Hegseth out as Secretary of Defense by May 31?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $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 probability for "Pete Hegseth out as Secretary of Defense by May 31?" is 2% for "Yes." This means the Polymarket crowd currently believes there is a 2% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "Pete Hegseth out as Secretary of Defense by May 31?" 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.