Important information: Nominees must be confirmed by the United States Senate (recess appointments do not count).
Rules summary for
Pete Hegseth
The outcome is Pete Hegseth
If Pete Hegseth is the first person confirmed by the Senate to be Secretary of Defense between Issuance and December 31, 2026, then the market resolves to Yes. Outcome verified from Library of Congress.
Note: this event is mutually exclusive.
Timeline and payout
About
The Office of the Secretary of Defense (OSD) is responsible for policy development, planning, resource management, and program evaluation. The secretary of defense oversees the Defense Department and acts as the principal defense policymaker and adviser. OSD includes the offices of top civilian defense decision-makers in personnel, weapons acquisition, research, intelligence, and fiscal policy. President-elect Trump has nominated Pete Hegseth for this role, but he has yet to be confirmed by the Senate. (Source: Defense.gov)