If Donald Trump says Biden as part of 2026 State of the Union, then the market resolves to Yes. Video of the 2026 State of the Union will be primarily used to resolve the market; if a consensus by Kalshi employees cannot be reached using video, transcripts of the 2026 State of the Union will be used according to the news publications listed in the contract. The exact phrase/word, or a plural or possessive form of the phrase/word, must be used. Grammatical/tense inflections are otherwise not included. Please see full rules for more details. For the purpose of this market, the live broadcast or stream will be used to resolve this event. Additional content not included in the original broadcast or stream will not count. Previous recordings aired during this event will not count. This market will close and expire early if the event occurs.