SimpleFunctions
Winner-take-all · 3 outcomes3 contractsKalshirefreshed 1 min agoCloses Jan 1, 2027 · 237d

Will Donald Trump issue any executive action on establishing or directing a federal review process for artificial intelligence models before their public release before Jun 1, 2026

Leader sits at 53% across 3 bound outcomes, runner-up at 38%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

53%

Before Jan 1, 2027

runner-up 38¢leader 53¢

Outcomes

3

winner-take-all

Runner-up

38¢

Before Jul 1, 2026

Spread

15pp

contested

24h volume

$6K

modest

Closes

Jan 1, 2027

237 days

Venue

Kalshi

3 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayBefore Jan 1, 2027: 53% on 2026-05-06Before Jul 1, 2026: 38% on 2026-05-06Before Jun 1, 2026: 25% on 2026-05-06
Before Jan 1, 202753¢Before Jul 1, 202638¢Before Jun 1, 202625¢
Top 3 candidates by current price · 1d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This probability reflects market expectations that Trump will issue an executive action on AI model review before public release sometime between now and January 2027, with markets pricing a notably lower chance (25%) this occurs by June 1, 2026. The current 54% probability suggests meaningful uncertainty about both the timing and whether Trump prioritizes federal AI governance through executive action. Key drivers include Trump's stated positions on AI regulation, the political salience of AI safety in mid-2026, and whether regulatory pressure from Congress or industry shifts his policy calculus. The June 1 deadline is the critical near-term catalyst—if no action materializes by then, markets will recalibrate expectations toward the later dates, reflecting a lower overall probability Trump pursues this specific regulatory mechanism.

  • Trump has not issued such an executive action as of early May 2026, despite AI governance gaining prominence in Washington policy debates
  • The 25-cent price on the June 1 deadline versus 54-cent on January 1 implies market participants view significant additional time as necessary for policy development and issuance
  • Trading volume concentration on the longer-dated contract ($207 vs. $24 on the June 1 outcome) indicates most market activity prices in post-June implementation
  • No scheduled congressional vote or formal regulatory proceeding tied to a specific date appears to be forcing Trump's hand on pre-release AI review mechanisms
  • The distinction between 36% (July 1) and 54% (January 1) suggests markets see H2 2026 as the likely window if action occurs at all

Recently closed in trump

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How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

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