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Reports began surfacing on Friday that US President Donald Trump could be considering further firings. Next on the chopping block? FBI Director Kash Patel?
Traders don't see it happening by the end of this month. With $16,468 in volume, traders were giving his departure just a 23 percent chance.
June 30 was seeing $35,627 in volume with 46% (just under half) of those trading believing the FBI director will be out before this date.
Nearly 75% believe Patel won't last a year.
There are discussions about FBI Director Kash Patel, Army Secretary Daniel Driscoll and Labor Secretary Lori Chavez-DeRemer leaving the Trump administration, the Atlantic reported, citing people familiar with White House plans.
From BusinessOnline:
Senior officials and people familiar with internal discussions say Patel's position has become increasingly precarious following a series of high-profile personnel changes, including the recent removal of Attorney General Pam Bondi and the earlier dismissal of Homeland Security Secretary Kristi Noem. The developments suggest a widening effort by the White House to recalibrate leadership across key national security and justice institutions.
According to multiple reports, "active discussions" are underway within the administration about potential additional removals, with Patel among those being evaluated. Other senior figures, including Tulsi Gabbard, have also been mentioned in connection with possible changes, underscoring a broader reassessment of alignment within Trump's cabinet.
This market will resolve to “Yes” if Kash Patel ceases to be the Director of the Federal Bureau of Investigation for any period of by the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”.
An announcement of Patel's resignation/removal before 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 the Trump administration, however a consensus of credible reporting may also be used.
- Gilbert Horowitz, Gambling911.com
