The Morning Line

Pete Hegseth out as Secretary of Defense by December 31?

Everything Else · tracked since July 7, 2026 · last updated 5:00 AM ET

20%

Today’s odds

As of August 27, 2026, market-consensus odds put the chance at 20%.

Unchanged since the previous update. ▼ 2 over the last 7 days. Probabilities are market-consensus forecasts, not predictions.

How the odds have moved

0%25%50%75%100%Jul 7Jul 14Jul 24Jul 31Aug 27Yes — Jul 7: 22%Yes — Jul 8: 22%Yes — Jul 9: 26%Yes — Jul 10: 23%Yes — Jul 11: 25%Yes — Jul 12: 25%Yes — Jul 13: 26%Yes — Jul 14: 24%Yes — Jul 15: 24%Yes — Jul 16: 22%Yes — Jul 20: 20%Yes — Jul 21: 21%Yes — Jul 22: 22%Yes — Jul 23: 22%Yes — Jul 24: 22%Yes — Jul 25: 21%Yes — Jul 26: 20%Yes — Jul 27: 22%Yes — Jul 28: 22%Yes — Jul 29: 22%Yes — Jul 30: 20%Yes — Jul 31: 22%Yes — Aug 21: 22%Yes — Aug 22: 22%Yes — Aug 23: 20%Yes — Aug 24: 20%Yes — Aug 25: 20%Yes — Aug 26: 20%Yes — Aug 27: 20%20%

Every outcome we track

OutcomeAug 26TodayMove
Yes20%20%
Full history table
DateYes
2026-08-2720%
2026-08-2620%
2026-08-2520%
2026-08-2420%
2026-08-2320%
2026-08-2222%
2026-08-2122%
2026-07-3122%
2026-07-3020%
2026-07-2922%
2026-07-2822%
2026-07-2722%
2026-07-2620%
2026-07-2521%
2026-07-2422%
2026-07-2322%
2026-07-2222%
2026-07-2121%
2026-07-2020%
2026-07-1622%
2026-07-1524%
2026-07-1424%
2026-07-1326%
2026-07-1225%
2026-07-1125%
2026-07-1023%
2026-07-0926%
2026-07-0822%
2026-07-0722%

Use this data. The full daily history behind this page is free to download and reuse with a link back to this page: Download the full daily odds history (CSV) · the same history as JSON · about the open data. Updated every morning; past values never change.

Common questions

Pete Hegseth out as Secretary of Defense by December 31 — what are the odds?
As of August 27, 2026, the market-consensus chance is 20%. That is the aggregated judgment of traders with money at stake, reported by The Morning Line — not our own prediction.
Pete Hegseth out as Secretary of Defense by December 31 — have the odds gone up or down?
Down. Over the 29 days we tracked this question, the odds moved from 22% on July 7, 2026 to 20% on August 27, 2026 — a change of 2 points.
Pete Hegseth out as Secretary of Defense by December 31 — what are the highest and lowest odds?
Over 29 tracked days the odds ranged between 20% and 26%. The current reading of 20% sits inside that range.

About this question

The Morning Line has reported the market-consensus odds on “Pete Hegseth out as Secretary of Defense by December 31” for 29 days, since July 7, 2026. As of August 27, 2026, market-consensus odds sit at 20%. The chance for a yes has fallen from 22% to 20%, ranging between 20% and 26% across that stretch. These are reported probabilities, not our own predictions. This page updates every morning with the full daily history, free to download as JSON or CSV.

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