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Politics·Trump

Howard Lutnick out as Secretary of Commerce by December 31?

Market icon
Politics·Trump

Howard Lutnick out as Secretary of Commerce by December 31?

Dec 31

Dec 31

49% chance
Polymarket
NEW
49% chance
Polymarket
NEW
This market will resolve to “Yes” if Howard Lutnick ceases to be the US Secretary of Commerce for any period of time between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. An announcement of Lutnick'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.Recent reports indicate President Trump is expressing frustration with Commerce Secretary Howard Lutnick's performance on trade policy and tariffs, prompting speculation of cabinet changes that name Lutnick as particularly vulnerable alongside Labor Secretary Lori Chavez-DeRemer. This follows April 3 Politico and Washington Post stories citing administration officials, fueling trader consensus at 56% implied probability for his departure by December 31 amid broader White House shakeups after Attorney General Pam Bondi's ouster. Lingering fallout from February's Epstein files, which sparked bipartisan resignation calls despite White House defenses, adds pressure, though Lutnick remains in post with no confirmed exit plans or scheduled hearings to shift dynamics.

This market will resolve to “Yes” if Howard Lutnick ceases to be the US Secretary of Commerce for any period of time between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An announcement of Lutnick'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.
Volume
$6,745
End Date
Dec 31, 2026
Market Opened
Mar 31, 2026, 4:16 PM ET

Resolver

0x65070BE91...
This market will resolve to “Yes” if Howard Lutnick ceases to be the US Secretary of Commerce for any period of time between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. An announcement of Lutnick'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.
This market will resolve to “Yes” if Howard Lutnick ceases to be the US Secretary of Commerce for any period of time between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. An announcement of Lutnick'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.Recent reports indicate President Trump is expressing frustration with Commerce Secretary Howard Lutnick's performance on trade policy and tariffs, prompting speculation of cabinet changes that name Lutnick as particularly vulnerable alongside Labor Secretary Lori Chavez-DeRemer. This follows April 3 Politico and Washington Post stories citing administration officials, fueling trader consensus at 56% implied probability for his departure by December 31 amid broader White House shakeups after Attorney General Pam Bondi's ouster. Lingering fallout from February's Epstein files, which sparked bipartisan resignation calls despite White House defenses, adds pressure, though Lutnick remains in post with no confirmed exit plans or scheduled hearings to shift dynamics.

This market will resolve to “Yes” if Howard Lutnick ceases to be the US Secretary of Commerce for any period of time between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

An announcement of Lutnick'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.
Volume
$6,745
End Date
Dec 31, 2026
Market Opened
Mar 31, 2026, 4:16 PM ET

Resolver

0x65070BE91...
This market will resolve to “Yes” if Howard Lutnick ceases to be the US Secretary of Commerce for any period of time between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. An announcement of Lutnick'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.

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Frequently Asked Questions

"Howard Lutnick out as Secretary of Commerce by December 31?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 54% for "Yes." For example, if "Yes" is priced at 54¢, the market collectively assigns a 54% chance that this event will occur. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

"Howard Lutnick out as Secretary of Commerce by December 31?" is a newly created market on Polymarket, launched on Mar 31, 2026. As an early market, this is your opportunity to be among the first traders to set the odds and establish the market's initial price signals. You can also bookmark this page to track volume and trading activity as the market gains traction over time.

To trade on "Howard Lutnick out as Secretary of Commerce by December 31?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current probability for "Howard Lutnick out as Secretary of Commerce by December 31?" is 54% for "Yes." This means the Polymarket crowd currently believes there is a 54% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "Howard Lutnick out as Secretary of Commerce by December 31?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.