{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-3BCV214BT2",
  "slug": "kxlutnickout",
  "question": "Will Howard Lutnick be out as Commerce Secretary? (multi-deadline series, 2026-2027)",
  "category": "politics",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "politics",
    "us-politics",
    "cabinet-turnover",
    "commerce-department",
    "trump-administration",
    "2026"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track whether Howard Lutnick departs the Commerce Secretary role across four deadline horizons: May, June, July, and September 2026. Each contract is a binary yes/no keyed to a progressively later cutoff, creating a term-structure of departure probability. Later-dated contracts should price at or above earlier ones given the cumulative probability logic. Resolution is determined by Kalshi staff, based on publicly verifiable departure from the position before each specified date.",
  "venues_covered": [
    "kalshi"
  ],
  "primary_market_id": "CM-MKT-BC5TC392X4",
  "current_primary_mark": {
    "last_price": 0.11,
    "implied_probability": 0.11
  },
  "created_at": "2026-07-06T00:30:45.836226+00:00",
  "updated_at": "2026-07-06T00:30:45.836226+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-8W5G2128H2",
      "event_id": "CM-EVT-3BCV214BT2",
      "platform": "kalshi",
      "platform_market_id": "KXLUTNICKOUT-26MAY01",
      "question": "Will Howard Lutnick leaves Commerce Secretary in before May?",
      "description": "Before May 1, 2026",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Before May 1, 2026: Kalshi staff determination, based on whether the named individual departs from the position before September 1, 2026, resolves on September 8, 2026.",
      "close_at": "2026-05-01T03:59:00Z",
      "resolve_at": "2026-05-08T14:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If Howard Lutnick leaves as Commerce Secretary before May 1, 2026, then the market resolves to Yes.\n\nHoward Lutnick must have an actual departure date and vacate the role within the time period. \n\nIf the person leaves the role due to death (i.e., if the person dies while holding the role), all contracts on the person may resolve to the last fair price as determined in the sole discretion of the Exchange. Temporary leaves of absence, suspensions, or recusals do not constitute leaving, resigning from, or retiring from the role unless the individual formally and permanently ceases to hold the position. If the person vacates the role and then re-occupies the role, the contract may settle on the initial vacation of the role. If the role otherwise ceases to exist with no plausible successor, the contract may resolve to \"No.\"\n\nFor \"leave,\" cessation of holding the role qualifies, including resignation, retirement, removal, expulsion, expiration of term without renewal, recall, or other means by which the individual no longer occupies the role—this includes both voluntary and involuntary early departure AND the natural expiration of a term.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "person",
        "source_status": "platform_named",
        "source_citation": "https://kalshi.com/",
        "sources": [
          {
            "name": "person",
            "url": "https://kalshi.com/",
            "provenance": "platform_api"
          },
          {
            "name": "The Wall Street Journal",
            "url": "https://www.wsj.com/",
            "provenance": "platform_api"
          },
          {
            "name": "Bloomberg News",
            "url": "https://www.bloomberg.com/news",
            "provenance": "platform_api"
          },
          {
            "name": "The Washington Post",
            "url": "https://www.washingtonpost.com/",
            "provenance": "platform_api"
          },
          {
            "name": "the Associated Press",
            "url": "https://apnews.com/",
            "provenance": "platform_api"
          },
          {
            "name": "Fox News",
            "url": "https://www.foxnews.com",
            "provenance": "platform_api"
          },
          {
            "name": "Reuters",
            "url": "https://www.reuters.com/",
            "provenance": "platform_api"
          },
          {
            "name": "official government records and registries",
            "url": "https://kalshi.com",
            "provenance": "platform_api"
          },
          {
            "name": "the body, agency, company, organization, or entity at which role is held",
            "url": "https://kalshi.com",
            "provenance": "platform_api"
          },
          {
            "name": "CNN",
            "url": "https://www.cnn.com",
            "provenance": "platform_api"
          },
          {
            "name": "the New York Times",
            "url": "https://www.nytimes.com",
            "provenance": "platform_api"
          },
          {
            "name": "Politico",
            "url": "https://www.politico.com/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "official government records and registries",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 91,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0.03,
      "implied_probability": 0.03,
      "volume_24h_usd": 0,
      "volume_total_usd": 3336.82,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "2026",
        "commerce secretary",
        "howard lutnick",
        "howard lutnick commerce",
        "us government"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "category_not_permitted"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-CY28J36285",
      "event_id": "CM-EVT-3BCV214BT2",
      "platform": "kalshi",
      "platform_market_id": "KXLUTNICKOUT-26JUN01",
      "question": "Will Howard Lutnick be out as Commerce Secretary before Jun 1, 2026?",
      "description": "Before Jun 1, 2026",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Before Jun 1, 2026: Kalshi staff determination, based on whether the named individual departs from the position before September 1, 2026, resolves on September 8, 2026.",
      "close_at": "2026-06-01T03:59:00Z",
      "resolve_at": "2026-06-08T14:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If Howard Lutnick leaves as Commerce Secretary before Jun 1, 2026, then the market resolves to Yes.\n\nHoward Lutnick must have an actual departure date and vacate the role within the time period. \n\nIf the person leaves the role due to death (i.e., if the person dies while holding the role), all contracts on the person may resolve to the last fair price as determined in the sole discretion of the Exchange. Temporary leaves of absence, suspensions, or recusals do not constitute leaving, resigning from, or retiring from the role unless the individual formally and permanently ceases to hold the position. If the person vacates the role and then re-occupies the role, the contract may settle on the initial vacation of the role. If the role otherwise ceases to exist with no plausible successor, the contract may resolve to \"No.\"\n\nFor \"leave,\" cessation of holding the role qualifies, including resignation, retirement, removal, expulsion, expiration of term without renewal, recall, or other means by which the individual no longer occupies the role—this includes both voluntary and involuntary early departure AND the natural expiration of a term.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "person",
        "source_status": "platform_named",
        "source_citation": "https://kalshi.com/",
        "sources": [
          {
            "name": "person",
            "url": "https://kalshi.com/",
            "provenance": "platform_api"
          },
          {
            "name": "The Wall Street Journal",
            "url": "https://www.wsj.com/",
            "provenance": "platform_api"
          },
          {
            "name": "Bloomberg News",
            "url": "https://www.bloomberg.com/news",
            "provenance": "platform_api"
          },
          {
            "name": "The Washington Post",
            "url": "https://www.washingtonpost.com/",
            "provenance": "platform_api"
          },
          {
            "name": "the Associated Press",
            "url": "https://apnews.com/",
            "provenance": "platform_api"
          },
          {
            "name": "Fox News",
            "url": "https://www.foxnews.com",
            "provenance": "platform_api"
          },
          {
            "name": "Reuters",
            "url": "https://www.reuters.com/",
            "provenance": "platform_api"
          },
          {
            "name": "official government records and registries",
            "url": "https://kalshi.com",
            "provenance": "platform_api"
          },
          {
            "name": "the body, agency, company, organization, or entity at which role is held",
            "url": "https://kalshi.com",
            "provenance": "platform_api"
          },
          {
            "name": "CNN",
            "url": "https://www.cnn.com",
            "provenance": "platform_api"
          },
          {
            "name": "the New York Times",
            "url": "https://www.nytimes.com",
            "provenance": "platform_api"
          },
          {
            "name": "Politico",
            "url": "https://www.politico.com/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "official government records and registries",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 91,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0.003,
      "implied_probability": 0.003,
      "volume_24h_usd": 0,
      "volume_total_usd": 103.2,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "2026",
        "commerce secretary",
        "howard lutnick",
        "howard lutnick commerce",
        "us government"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "category_not_permitted"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-GGKMQ4DVR1",
      "event_id": "CM-EVT-3BCV214BT2",
      "platform": "kalshi",
      "platform_market_id": "KXLUTNICKOUT-26JUL01",
      "question": "Will Howard Lutnick be out as Commerce Secretary before Jul 1, 2026?",
      "description": "Before Jul 1, 2026",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Before Jul 1, 2026: Kalshi staff determination, based on whether the named individual departs from the position before September 1, 2026, resolves on September 8, 2026.",
      "close_at": "2026-07-01T03:59:00Z",
      "resolve_at": "2026-07-08T14:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If Howard Lutnick leaves as Commerce Secretary before Jul 1, 2026, then the market resolves to Yes.\n\nHoward Lutnick must have an actual departure date and vacate the role within the time period. \n\nIf the person leaves the role due to death (i.e., if the person dies while holding the role), all contracts on the person may resolve to the last fair price as determined in the sole discretion of the Exchange. Temporary leaves of absence, suspensions, or recusals do not constitute leaving, resigning from, or retiring from the role unless the individual formally and permanently ceases to hold the position. If the person vacates the role and then re-occupies the role, the contract may settle on the initial vacation of the role. If the role otherwise ceases to exist with no plausible successor, the contract may resolve to \"No.\"\n\nFor \"leave,\" cessation of holding the role qualifies, including resignation, retirement, removal, expulsion, expiration of term without renewal, recall, or other means by which the individual no longer occupies the role—this includes both voluntary and involuntary early departure AND the natural expiration of a term.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "person",
        "source_status": "platform_named",
        "source_citation": "https://kalshi.com/",
        "sources": [
          {
            "name": "person",
            "url": "https://kalshi.com/",
            "provenance": "platform_api"
          },
          {
            "name": "The Wall Street Journal",
            "url": "https://www.wsj.com/",
            "provenance": "platform_api"
          },
          {
            "name": "Bloomberg News",
            "url": "https://www.bloomberg.com/news",
            "provenance": "platform_api"
          },
          {
            "name": "The Washington Post",
            "url": "https://www.washingtonpost.com/",
            "provenance": "platform_api"
          },
          {
            "name": "the Associated Press",
            "url": "https://apnews.com/",
            "provenance": "platform_api"
          },
          {
            "name": "Fox News",
            "url": "https://www.foxnews.com",
            "provenance": "platform_api"
          },
          {
            "name": "Reuters",
            "url": "https://www.reuters.com/",
            "provenance": "platform_api"
          },
          {
            "name": "official government records and registries",
            "url": "https://kalshi.com",
            "provenance": "platform_api"
          },
          {
            "name": "the body, agency, company, organization, or entity at which role is held",
            "url": "https://kalshi.com",
            "provenance": "platform_api"
          },
          {
            "name": "CNN",
            "url": "https://www.cnn.com",
            "provenance": "platform_api"
          },
          {
            "name": "the New York Times",
            "url": "https://www.nytimes.com",
            "provenance": "platform_api"
          },
          {
            "name": "Politico",
            "url": "https://www.politico.com/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "official government records and registries",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 91,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0.002,
      "implied_probability": 0.002,
      "volume_24h_usd": 0,
      "volume_total_usd": 87.24154,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "2026",
        "commerce secretary",
        "howard lutnick",
        "howard lutnick commerce",
        "us government"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "category_not_permitted"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-BC5TC392X4",
      "event_id": "CM-EVT-3BCV214BT2",
      "platform": "kalshi",
      "platform_market_id": "KXLUTNICKOUT-26SEP01",
      "question": "Will Howard Lutnick leaves Commerce Secretary in before September?",
      "description": "Before Sep 1, 2026",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Before Sep 1, 2026: Kalshi staff determination, based on whether the named individual departs from the position before September 1, 2026, resolves on September 8, 2026.",
      "close_at": "2026-09-01T03:59:00Z",
      "resolve_at": "2026-09-08T14:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If Howard Lutnick leaves as Commerce Secretary before Sep 1, 2026, then the market resolves to Yes.\n\nHoward Lutnick must have an actual departure date and vacate the role within the time period. \n\nIf the person leaves the role due to death (i.e., if the person dies while holding the role), all contracts on the person may resolve to the last fair price as determined in the sole discretion of the Exchange. Temporary leaves of absence, suspensions, or recusals do not constitute leaving, resigning from, or retiring from the role unless the individual formally and permanently ceases to hold the position. If the person vacates the role and then re-occupies the role, the contract may settle on the initial vacation of the role. If the role otherwise ceases to exist with no plausible successor, the contract may resolve to \"No.\"\n\nFor \"leave,\" cessation of holding the role qualifies, including resignation, retirement, removal, expulsion, expiration of term without renewal, recall, or other means by which the individual no longer occupies the role—this includes both voluntary and involuntary early departure AND the natural expiration of a term.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "person",
        "source_status": "platform_named",
        "source_citation": "https://kalshi.com/",
        "sources": [
          {
            "name": "person",
            "url": "https://kalshi.com/",
            "provenance": "platform_api"
          },
          {
            "name": "The Wall Street Journal",
            "url": "https://www.wsj.com/",
            "provenance": "platform_api"
          },
          {
            "name": "Bloomberg News",
            "url": "https://www.bloomberg.com/news",
            "provenance": "platform_api"
          },
          {
            "name": "The Washington Post",
            "url": "https://www.washingtonpost.com/",
            "provenance": "platform_api"
          },
          {
            "name": "the Associated Press",
            "url": "https://apnews.com/",
            "provenance": "platform_api"
          },
          {
            "name": "Fox News",
            "url": "https://www.foxnews.com",
            "provenance": "platform_api"
          },
          {
            "name": "Reuters",
            "url": "https://www.reuters.com/",
            "provenance": "platform_api"
          },
          {
            "name": "official government records and registries",
            "url": "https://kalshi.com",
            "provenance": "platform_api"
          },
          {
            "name": "the body, agency, company, organization, or entity at which role is held",
            "url": "https://kalshi.com",
            "provenance": "platform_api"
          },
          {
            "name": "CNN",
            "url": "https://www.cnn.com",
            "provenance": "platform_api"
          },
          {
            "name": "the New York Times",
            "url": "https://www.nytimes.com",
            "provenance": "platform_api"
          },
          {
            "name": "Politico",
            "url": "https://www.politico.com/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "official government records and registries",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 91,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0.11,
      "implied_probability": 0.11,
      "volume_24h_usd": 0,
      "volume_total_usd": 8026.7285999999995,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "2026",
        "commerce secretary",
        "howard lutnick",
        "howard lutnick commerce",
        "us government"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "category_not_permitted"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-CC6BQVQ0H3",
      "event_id": "CM-EVT-3BCV214BT2",
      "platform": "kalshi",
      "platform_market_id": "KXLUTNICKOUT-26APR01",
      "question": "Will Howard Lutnick leaves Commerce Secretary in before April?",
      "description": "Before Apr 1, 2026",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Kalshi staff determination of whether Howard Lutnick leaves the Commerce Secretary position before September 1, 2026.",
      "close_at": "2026-04-01T03:59:00Z",
      "resolve_at": "2027-01-08T15:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "If Howard Lutnick leaves as Commerce Secretary before Apr 1, 2026, then the market resolves to Yes.\n\nHoward Lutnick must have an actual departure date and vacate the role within the time period. \n\nIf the person leaves the role due to death (i.e., if the person dies while holding the role), all contracts on the person may resolve to the last fair price as determined in the sole discretion of the Exchange. Temporary leaves of absence, suspensions, or recusals do not constitute leaving, resigning from, or retiring from the role unless the individual formally and permanently ceases to hold the position. If the person vacates the role and then re-occupies the role, the contract may settle on the initial vacation of the role. If the role otherwise ceases to exist with no plausible successor, the contract may resolve to \"No.\"\n\nFor \"leave,\" cessation of holding the role qualifies, including resignation, retirement, removal, expulsion, expiration of term without renewal, recall, or other means by which the individual no longer occupies the role—this includes both voluntary and involuntary early departure AND the natural expiration of a term.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": "https://kalshi.com/",
        "sources": null,
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "uncommitted",
        "source_commitment_subtype": "uncommitted_placeholder",
        "source_hedge_text": "person"
      },
      "rcg": {
        "grade": "C",
        "score": 80,
        "caps": [
          "uncommitted_placeholder"
        ],
        "applied_factors": 6
      },
      "last_price": 0.01,
      "implied_probability": 0.01,
      "volume_24h_usd": 0,
      "volume_total_usd": 442.8,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "cabinet",
        "commerce",
        "departure",
        "howard lutnick commerce",
        "lutnick"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "category_not_permitted"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    }
  ],
  "resolution_log": [
    {
      "market_id": "CM-MKT-CC6BQVQ0H3",
      "platform": "kalshi",
      "outcome": "closed",
      "resolved_at": "2027-01-08T15:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-CY28J36285",
      "platform": "kalshi",
      "outcome": "NO",
      "resolved_at": "2026-06-08T14:00:00Z",
      "final_price": 0.003,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-8W5G2128H2",
      "platform": "kalshi",
      "outcome": "NO",
      "resolved_at": "2026-05-08T14:00:00Z",
      "final_price": 0.03,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    }
  ],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-3BCV214BT2",
    "terms": "Attribution required. clearmarket.fyi"
  }
}