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PolymarketCloses October 31, 2026

Pete Hegseth out as Secretary of Defense by October 31?

The market puts it at 1.6% — a very long shot — on Polymarket, as of Oct 16, 07:26 UTC.

Yes 1.6%

The odds

as of Oct 16, 07:26 UTC
  • Chance of yes 1.6% —
Traded today$4K
Traded in all$27K
Yes, 7 daysunch

Yes, the last 7 days

Polymarket price
25%50%75%Oct 8Oct 162%

Oct 9: 2.9% · Oct 10: 2.9% · Oct 11: 1.8% · Oct 12: 1.3% · Oct 13: 1.5% · Oct 14: 1.5% · Oct 15: 1.5% · Oct 16: 1.6%

How it resolves

Polymarket's rule, word for word
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, 11:59 PM ET. Otherwise, this market will resolve to “No”. An announcement of Pete Hegseth's resignation/removal by 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.
See it on Polymarket ↗

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