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Markets bet on whether Pete Hegseth will be the first person to leave the Trump Cabinet

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Kalshi has reported 13,546 in volume over the last 24 hours on their market for “Will Pete Hegseth be the first person to leave the Trump Cabinet?”, making it one of the hottest markets on the platform today.

The market currently is implying a 33% chance for "Pete Hegseth", which is up from yesterday, when the market implied a 32% probability.

If Pete Hegseth is the first member of the Cabinet of Donald Trump to leave or announce they will leave (such as by quitting, being fired, or being impeached), then the market resolves to Yes.

In total, this market has seen a volume of 705,053 transactions since it was first opened on January 11, 2025. There are 172,635 positions of open interest in this market, and the overall liquidity is sitting at 7,402,847 contracts.

Based on Quiver’s tracking, here are 10 of the finance and politics markets that have had the most volume on Kalshi over the last 24 hours:

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