Will any member of the Cabinet (defined as: the Vice President, Secretary of State, Secretary of the Treasury, Secretary of Defense, Attorney General, Secretary of the Interior, Secretary of Agriculture, Secretary of Commerce, Secretary of Labor, Secretary of Health and Human Services, Secretary of Housing and Urban Development, Secretary of Transportation, Secretary of Energy, Secretary of Education, Secretary of Veterans Affairs, Secretary of Homeland Security, Administrator of the Environmental Protection Agency, Director of the Office of Management and Budget, Director of National Intelligence, Trade Representative, Administrator of the Small Business Administration, White House Chief of Staff) be impeached before Jan 20, 2029?
Prediction markets currently give a 72% probability that Will any member of the Cabinet (defined as: the Vice President, Secretary of State, Secretary of the Treasury, Secret.... This contract trades at 72¢ on Kalshi, closing January 20, 2029. The market is pricing a 71% probability that at least one Cabinet member will face impeachment over the next 2.75 years, with a notably asymmetric risk-adjusted yield favoring the "No" side at 70.2% compared to 18.6% for "Yes"—suggesting the market may be overweighting tail risk or pricing in significant uncertainty.
Analysis
The market is pricing a 71% probability that at least one Cabinet member will face impeachment over the next 2.75 years, with a notably asymmetric risk-adjusted yield favoring the "No" side at 70.2% compared to 18.6% for "Yes"—suggesting the market may be overweighting tail risk or pricing in significant uncertainty. The 160% realized volatility and 3.74 vol ratio indicate substantial price swings despite modest 24-hour volume of $37.69, and the recent 7-day decline from 69¢ to 66¢ suggests some recent skepticism about impeachment likelihood. With 1,010 days to expiry and a low cliff risk index of 2, this appears to be a relatively stable long-duration bet on political turbulence rather than an imminent catalyst-driven trade.
Resolution rules
If a member of the cabinet is impeached by the U.S. House of Representatives before Jan 20, 2029, then the market resolves to Yes.
Indicators
Regime
Trade
sf trade KXIMPEACHCABINET-29JAN20 yes 100