If the next new United States Secretary of Homeland Security before Jan 20, 2029 is Glenn Youngkin, then the market resolves to Yes. Acting and Interim holders of the office are not included in the Payout Criterion. Persons confirmed by the Senate to be that position, or appointed via a “recess appointment” are included, even if that recess appointment is later struck down as illegal. This market will close and expire early if the event occurs.