What does Polymarket predict for the US Cabinet? Markets may have shifted since these screenshots were taken?
Secretary of State:
Current it's close between Ric Grenell (44%) and Marco Rubio (40%).
polymarket.com/event/who-will-trump-nominate-for-secretary-of-state?tid=1731042601715
Treasury Secretary:
On balance, it might be Scott Bessent (52%), though John Paulson (21%) has a good shot.
polymarket.com/event/who-will-trump-nominate-for-treasury-secretary?tid=1731044462553
Defense Secretary:
It maybe Mike Pompeo (44%) or plausibly Christopher Miller (22%) or Mike Walz (21%).
polymarket.com/event/who-will-trump-nominate-for-treasury-secretary?tid=1731044462553
Attorney General:
It might be Mike Lee (40%), or plausibly John Ratcliffe (22%).
polymarket.com/event/who-will-trump-nominate-for-attorney-general
Health and Human Services Secretary:
It might be RFK Jr. (32%) or plausibly Ben Carson (18%).
polymarket.com/event/who-will-trump-nominate-for-hhs-secretary
Agriculture Secretary:
It might be Kip Tom (33%) or plausibly Sid Miller (20%)
polymarket.com/event/who-will-trump-nominate-for-agriculture-secretary
Energy Secretary:
Polymarket suggests that more than likely it Doug Burgum (62%) though also maybe Dan Broulliette (28%).
polymarket.com/event/who-will-trump-nominate-for-secretary-of-the-energy
You might wonder where Musk fits into all this.
@Kalshi has the biggest market here and gives says Musk might be nominated (29%). Notably, this hasn't gone up since Trump won. It ought to have doubled, so that's a bearish sign for his cabinet prospects.
kalshi.com/markets/cabinetmusk/elon-musk-nominated-to-the-cabinet
Note that Trump has chosen a Chief of Staff, Susie Wiles.
nytimes.com/2024/11/07/us/politics/susie-wiles-trump-white-house-chief-of-staff.html
That marks the end of the large markets. But for completeness, here are the other markets, often with a claimed volume of about $1000. I would trust these less.
Interior Secretary:
Katharine MacGregor (28%), Doug Burgum (29%), David Bernhardt (23%)
polymarket.com/event/who-will-trump-nominate-for-interior-secretary
Commerce Secretary:
Bill Hagerty (44%), Linda McMahon (34%), Robert Lighthizer (26%)
polymarket.com/event/who-will-trump-nominate-for-commerce-secretary
Labor Secretary:
Bryan Slater (50%), Patrick Pizzella (31%)
polymarket.com/event/who-will-trump-nominate-for-labor-secretary
Housing and Urban Development Secretary:
Ben Carson (46%), Tim Scott (27%), Brian Montgomery (27%)
polymarket.com/event/who-will-trump-nominate-for-hud-secretary
Transportation Secretary:
Sam Graves (65%), Garret Graves (29%)
polymarket.com/event/who-will-trump-nominate-for-transportation-secretary
Secretary of Veterans Affairs:
Tulsi Gabbard (38%), Robert Wilkie (32%)
polymarket.com/event/who-will-trump-nominate-for-secretary-of-veterans-affairs
Homeland Security Secretary:
Chad Wolf (41%), Thomas Homan (27%)
polymarket.com/event/who-will-trump-nominate-for-homeland-security-secretary
Environmental Protection Agency Administrator:
Andrew Wheeler (61%), Mandy Gunasekara (17%)
polymarket.com/event/who-will-trump-nominate-for-environmental-protection-agency-administrator
I haven't seen any markets on the likelihood of approval. It would be interesting to see RFK Jr.'s numbers.