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| Market | Platform | Price |
|---|---|---|
Will Trump be impeached and removed from office? | Kalshi | 20% |
Trader mode: Actionable analysis for identifying opportunities and edge
Before his term ends If the President of the United States has been impeached and convicted by the U.S. Senate before Jan 20, 2029, then the market resolves to Yes. The President must be the sitting President as of the day. the Senate votes on conviction to be included in this market. This market will close and expire early if the event occurs.
Prediction markets currently assign a low probability to Donald Trump being impeached and removed from office before January 20, 2029. The leading contract on Kalshi is trading at approximately 20 cents, implying the market sees only a 20% chance of this outcome occurring. This price suggests traders view impeachment and conviction as a possible but unlikely scenario during a potential second term, considering it a distant tail risk rather than a central expectation.
The low probability is primarily driven by the significant constitutional and political hurdles required for removal. A president must first be impeached by a simple majority in the House of Representatives, and then convicted and removed by a two-thirds supermajority in the Senate. Historical precedent also weighs heavily, as no U.S. president has ever been removed via conviction. Donald Trump was impeached twice during his first term (in 2019 and 2021) but acquitted by the Senate both times, demonstrating the high bar for conviction.
Furthermore, the market is likely pricing in the composition of Congress. For removal to be plausible, the opposing party would need to secure not only a House majority but also a commanding 67-vote Senate majority, an exceptionally difficult feat in the current polarized environment. The 20% price may partially reflect speculative bets on unforeseen, catastrophic scandals rather than a base case.
The odds could shift significantly based on the 2024 and 2026 election outcomes. If results produce a Congress with a dominant supermajority hostile to the president, the probability would rise. A major, substantiated scandal involving unambiguous "high crimes and misdemeanors" that fractures the president's own party support could also act as a catalyst. Conversely, election results that maintain divided government or a Senate map unfavorable to the opposition would likely push probabilities lower, reinforcing the status quo priced into the market. Key dates to watch are November 5, 2024, and November 3, 2026, as the congressional balances determined then will define the practical feasibility of removal for years.
AI-generated analysis based on market data. Not financial advice.
$210.91K
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This prediction market topic concerns whether Donald Trump will be impeached by the House of Representatives and subsequently convicted and removed from office by the Senate before the end of his presidential term on January 20, 2029. Impeachment is the formal process outlined in the U.S. Constitution where Congress charges a sitting president with 'Treason, Bribery, or other high Crimes and Misdemeanors.' Removal requires a two-thirds majority vote in the Senate following a House impeachment. The topic has gained significant attention due to Donald Trump's unique political position as the first former president to be impeached twice, in 2019 and 2021, and his subsequent return to the presidency following the 2024 election. This creates an unprecedented scenario where a president who has already faced impeachment proceedings could face them again while in office. The market resolves to 'Yes' only if Trump is both impeached and convicted by the Senate before his term ends, with the condition that he must be the sitting president on the day of the Senate conviction vote. Interest in this market stems from ongoing political polarization, ongoing legal challenges facing Trump that could intersect with congressional oversight, and historical precedent suggesting impeachment is a rare but consequential political tool.
The impeachment power, derived from British parliamentary practice, is defined in Article I, Sections 2 and 3, and Article II, Section 4 of the U.S. Constitution. Only three U.S. presidents have been impeached by the House: Andrew Johnson in 1868, Bill Clinton in 1998, and Donald Trump in 2019 and 2021. None were convicted and removed by the Senate. Richard Nixon resigned in 1974 before the full House could vote on articles of impeachment. The precedent set by Trump's two acquittals establishes a high bar for removal, particularly when the president's party holds a significant number of Senate seats. The 1868 trial of Andrew Johnson, who was acquitted by a single vote, and the 1999 acquittal of Bill Clinton demonstrate the immense political difficulty of achieving a bipartisan two-thirds majority for conviction. The modern era of heightened partisan polarization makes such a supermajority even more challenging to attain, as seen in Trump's trials where no Senate Republicans voted to convict in 2020 and only seven did in 2021.
The prospect of impeaching and removing a sitting president represents a constitutional crisis of the highest order. It would trigger immediate political instability, a potential vacuum in executive leadership, and a fierce battle over presidential succession. The process would consume Congress, halting legislative progress on other domestic and foreign policy issues for months. Financially, such unprecedented political turmoil could roil global markets, create uncertainty for businesses and investors, and potentially impact the U.S. dollar's status. Socially, it would deepen the nation's political divisions, likely provoking widespread protests and counter-protests, testing the resilience of American democratic institutions. The outcome would set a powerful historical precedent for future presidential accountability and redefine the boundaries of executive power for generations.
As of late 2024, following the presidential election, Donald Trump is the sitting president. No formal impeachment inquiry has been initiated in the House of Representatives. The political dynamics are defined by a Republican majority in the House, which makes the initiation of impeachment proceedings by that chamber highly unlikely barring a major, bipartisan scandal. The Senate has a narrow Democratic majority. Any movement toward impeachment would require a seismic shift in the political landscape, such as definitive findings from ongoing legal cases against Trump that directly impact his presidential conduct or a major new revelation that fractures his support within the Republican congressional caucus.
The Constitution states grounds as 'Treason, Bribery, or other high Crimes and Misdemeanors.' This last category is not strictly defined by criminal law and is ultimately a political determination made by Congress, often interpreted as serious abuses of public trust or violations of official duties.
If the Senate convicts and removes President Trump, Vice President would immediately be sworn in as president under the order of succession outlined in the 25th Amendment and the Presidential Succession Act of 1947.
This is an unresolved constitutional question. Legal scholars debate whether 'high Crimes and Misdemeanors' applies only to official acts as president. Historically, impeachment has addressed conduct in office, but Congress has broad discretion to define the scope of impeachable offenses.
The timeline varies. The House impeachment of Donald Trump in 2019 took about three months from inquiry start to vote. The Senate trial that followed lasted about three weeks. A full process from House inquiry to Senate verdict can typically take several months.
Yes, impeachment by the House alone does not bar future office. However, the Senate can, by a simple majority vote during an impeachment trial, impose a separate punishment of disqualification from holding future federal office. This has never been applied to a president.
Educational content is AI-generated and sourced from Wikipedia. It should not be considered financial advice.
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