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| Market | Platform | Price |
|---|---|---|
Will the President be impeached before Jan 20, 2029? | Kalshi | 57% |
Trader mode: Actionable analysis for identifying opportunities and edge
Before Jan 20, 2029 If the President of the United States has been impeached before Jan 20, 2029, then the market resolves to Yes. The President must be in office at the time an impeachment resolution passes. This market will close and expire following the occurrence of the event.
Prediction markets currently price a 57% probability that President Trump will be impeached before January 20, 2029. This indicates the market views a second impeachment during his potential term as slightly more likely than not, but still highly uncertain. With $235,000 in trading volume, the market has moderate liquidity, reflecting significant trader interest in this political outcome.
The elevated probability stems from two primary factors. First, President Trump's first impeachment in 2019 and the subsequent January 6th investigations established a historical precedent and a contentious political relationship with Congress. Markets are pricing in the heightened scrutiny and partisan dynamics that could quickly escalate to impeachment proceedings. Second, the current political landscape features a narrowly divided Congress. Even a small shift in the balance of power following future elections could empower opposition parties to initiate proceedings, a scenario traders are actively weighing.
The primary catalyst for a major probability shift will be the outcome of the 2024 and 2026 congressional elections. A decisive victory for either party in securing strong majorities would significantly alter the impeachment calculus, either enabling or effectively blocking the process. Furthermore, the resolution of ongoing legal cases against Donald Trump could serve as a direct trigger. A criminal conviction before 2029, while not a formal requirement for impeachment, would likely increase political pressure and drive the "Yes" probability substantially higher. Conversely, a clear electoral mandate and a term without a major political crisis could see the current odds decline.
AI-generated analysis based on market data. Not financial advice.
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This prediction market addresses whether Donald Trump will face impeachment during his presidential term ending January 20, 2029. Impeachment is the formal process by which the U.S. House of Representatives charges a federal official with 'Treason, Bribery, or other high Crimes and Misdemeanors,' as defined in Article II, Section 4 of the Constitution. A successful impeachment requires a simple majority vote in the House, followed by a trial in the Senate where a two-thirds supermajority is needed for conviction and removal from office. This market specifically resolves to 'Yes' if an impeachment resolution against President Trump passes the House while he is in office before the end of his term. The topic has gained significant attention due to the unprecedented nature of Trump's political career, which included one prior impeachment during his first term in 2019, and the polarized political climate surrounding his 2024 election and subsequent presidency. Interest stems from ongoing legal and political controversies, historical precedent, and the potential for constitutional crisis, making it a focal point for political analysts, investors, and the public monitoring the stability and norms of American governance.
The impeachment of a U.S. president is a rare constitutional mechanism used only four times in history. Andrew Johnson was impeached in 1868 over Reconstruction disputes, surviving removal by one Senate vote. Bill Clinton was impeached in 1998 for perjury and obstruction of justice related to the Monica Lewinsky scandal, but the Senate acquitted him. Richard Nixon resigned in 1974 to avoid almost certain impeachment over the Watergate scandal. Donald Trump's first impeachment on December 18, 2019, focused on allegations he pressured Ukraine to investigate Joe Biden, resulting in a House vote largely along party lines (230-197 for abuse of power, 229-198 for obstruction). The Senate acquitted him on February 5, 2020, with a 52-48 vote against removal on the first article. His second impeachment on January 13, 2021, charged incitement of insurrection after the Capitol riot, passing the House 232-197 with 10 Republican votes. The Senate trial ended on February 13, 2021, with a 57-43 vote for conviction, falling 10 votes short of the two-thirds threshold. These precedents show impeachment is intensely partisan, with no president ever removed by the Senate, setting a high bar for the current prediction.
The potential impeachment of a president carries profound implications for American democracy and global stability. Politically, it tests constitutional checks and balances, potentially deepening partisan divisions or reinforcing accountability mechanisms. A successful impeachment could reshape executive power norms, while a failed attempt might embolden presidential authority, affecting governance for decades. Economically, impeachment proceedings create uncertainty that can roil financial markets, impact investor confidence, and stall legislative agendas on critical issues like budget approvals, debt ceilings, and international trade agreements. Socially, impeachment debates polarize public opinion, influence voter behavior in subsequent elections, and affect trust in democratic institutions. The process consumes immense government resources and media attention, diverting focus from other national priorities. For the international community, impeachment signals either institutional resilience or political instability, influencing foreign policy, alliances, and perceptions of U.S. leadership on the global stage.
As of early 2025, following Donald Trump's inauguration for a second term, no formal impeachment proceedings have been initiated in the House of Representatives. The Republican Party maintains a narrow majority in the House, making impeachment unlikely without bipartisan support or a shift in control after the 2026 midterm elections. However, several Democratic representatives have indicated they are monitoring the president's actions and legal challenges, including ongoing cases related to the 2020 election and classified documents. Speaker Mike Johnson has stated opposition to what he calls 'politically motivated impeachments,' while House Judiciary Committee Chairman Jim Jordan has focused investigations on the Biden administration rather than the current president. The political landscape remains highly polarized, with any significant development in Trump's multiple legal cases potentially triggering renewed impeachment discussions.
The Constitution specifies 'Treason, Bribery, or other high Crimes and Misdemeanors.' This broad category has historically included abuse of power, obstruction of justice, and incitement of insurrection, as interpreted by Congress through political rather than strictly legal processes.
Yes, historical precedent suggests Congress can impeach for conduct occurring before inauguration. During Trump's second impeachment, some arguments referenced his pre-presidential rhetoric, though the primary charge focused on actions while in office.
The president remains in office, as with both of Trump's previous impeachments. Impeachment alone is essentially an indictment, while conviction and removal require separate Senate action with a two-thirds vote.
House proceedings can take weeks to months, depending on investigations. Trump's first impeachment inquiry lasted 78 days from announcement to House vote. Senate trials vary but have taken about three weeks in recent cases.
Vice President would immediately assume the presidency under the Presidential Succession Act. The new president would serve the remainder of the term until January 20, 2029.
Yes, impeachment alone does not disqualify from future office. Only conviction by the Senate with an additional vote to disqualify from holding future office would prevent another run, a separate measure that requires only a simple majority.
Educational content is AI-generated and sourced from Wikipedia. It should not be considered financial advice.
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