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

Pete Hegseth out as Secretary of Defense by May 31?

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

Pete Hegseth out as Secretary of Defense by May 31?

7% chance
Polymarket
NEW
7% chance
Polymarket
NEW
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.Defense Secretary Pete Hegseth's position appears secure amid ongoing Capitol Hill testimony, with him and Joint Chiefs Chairman Gen. Dan Caine defending a proposed $1.5 trillion fiscal 2027 Pentagon budget before House and Senate Armed Services Committees on April 29-30, 2026, amid the U.S.-Israeli war on Iran. Despite recent high-profile firings—including Army Chief of Staff Gen. Randy George on April 2, Navy Secretary John Phelan on April 22, and others—drawing bipartisan scrutiny and eroding some GOP Senate confidence, no public resignation signals, White House disavowal, or procedural moves for replacement have emerged. Trader consensus prices a 93.5% implied probability of retention through May 31, reflecting the wisdom of crowds on his entrenched role barring late-breaking scandals or escalation in Iran hostilities.

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
$8,961
End Date
May 31, 2026
Market Opened
Apr 27, 2026, 5:53 PM ET

Resolver

0x65070BE91...
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.Defense Secretary Pete Hegseth's position appears secure amid ongoing Capitol Hill testimony, with him and Joint Chiefs Chairman Gen. Dan Caine defending a proposed $1.5 trillion fiscal 2027 Pentagon budget before House and Senate Armed Services Committees on April 29-30, 2026, amid the U.S.-Israeli war on Iran. Despite recent high-profile firings—including Army Chief of Staff Gen. Randy George on April 2, Navy Secretary John Phelan on April 22, and others—drawing bipartisan scrutiny and eroding some GOP Senate confidence, no public resignation signals, White House disavowal, or procedural moves for replacement have emerged. Trader consensus prices a 93.5% implied probability of retention through May 31, reflecting the wisdom of crowds on his entrenched role barring late-breaking scandals or escalation in Iran hostilities.

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
$8,961
End Date
May 31, 2026
Market Opened
Apr 27, 2026, 5:53 PM ET

Resolver

0x65070BE91...
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 7% for "Yes." For example, if "Yes" is priced at 7¢, the market collectively assigns a 7% 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.

"Pete Hegseth out as Secretary of Defense by May 31?" is a newly created market on Polymarket, launched on Apr 27, 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 "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 7% for "Yes." This means the Polymarket crowd currently believes there is a 7% 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.