Kash Patel, the director of the Federal Bureau of Investigation, is likely to be the next high-level official from the Donald Trump administration to be fired after Defense Secretary Pete Hegseth fired Navy Secretary John Phelan.
Trump Unhappy With Patel
Speculation is rife that Trump is unhappy with Patel and he is likely to be removed soon. According to a report by Politico, a White House official has said that “it’s only a matter of time.”
Trump is reportedly unhappy with the distractions surrounding Patel, including a recent report from The Atlantic alleging “unexplained absences.” Patel has denied the allegations and also sued the publication for defamation.
Here’s What Prediction Market Is Saying
Data from Kalshi, a federally authorized betting platform, shows that nearly a million has been bet on the contract “Kash Patel out as FBI Director?”
Bettors have placed a 67% probability that Patel will be removed “Before Aug 1, 2026,” followed by a 54% probability that he will be removed “Before Jul 1, 2026.”
The probability that he will be removed “Before Jun 1, 2026” is also high at 46%, as per bettors.
Pam Bondi’s Exit
Reports about Patel’s exit have been doing the rounds since the exit of former Attorney General Pam Bondi. An earlier contract from Kalshi, which was betting on “Who will leave the Trump administration this year?” had placed the odds of Patel leaving at 52%.
Patel was recently in the news following an alleged breach of his personal email by a hacking group tied to Iran.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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