120th Congress: Who will be Senate Minority Leader?

As of Tue, 20 Oct 2026 11:12:04 UTC, Kalshi traders price John Thune (50.0%), Chuck Schumer (40.0%), John Barrasso (10.0%). The market has $11K in volume and closes on Sun, 03 Jan 2027.

Updated:

Current odds

OutcomeChanceYes priceNo price
John Thune50.0%50.0¢50.0¢
Chuck Schumer40.0%40.0¢60.0¢
John Barrasso10.0%10.0¢90.0¢
Cory Booker3.0%3.0¢97.0¢
Chris Murphy3.0%3.0¢97.0¢
Tom Cotton3.0%3.0¢97.0¢
Brian Schatz3.0%3.0¢97.0¢
Chris Van Hollen3.0%3.0¢97.0¢

Market details

Resolution rules

Each outcome is a separate contract with its own rules. The rules for John Thune:

If John Thune wins the U.S. Senate Minority Leader election for the 120th Congress, then the market resolves to Yes. Each party’s Senate conference elects its own leader, and the leader of the largest party that does not hold Senate majority status serves as Senate Minority Leader. This market is eligible for accelerated determination after a consensus of media organizations project the winner. See full rules for details.

Sources

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