How many executive orders will Trump sign in his second term?

As of Tue, 20 Oct 2026 11:12:00 UTC, Kalshi traders price Between 400 and 449 (20.0%), Between 450 and 499 (16.0%), Between 350 and 399 (14.0%). The market has $61K in volume and closes on Sat, 03 Feb 2029.

Updated:

Current odds

OutcomeChanceYes priceNo price
Between 400 and 44920.0%20.0¢80.0¢
Between 450 and 49916.0%16.0¢84.0¢
Between 350 and 39914.0%14.0¢86.0¢
Between 500 and 5499.0%9.0¢91.0¢
Between 550 and 5996.0%6.0¢94.0¢
Below 3005.0%5.0¢95.0¢
Between 300 and 3494.0%4.0¢96.0¢
Between 600 and 6492.0%2.0¢98.0¢
Between 700 and 7492.0%2.0¢98.0¢
Between 750 and 8002.0%2.0¢98.0¢
Between 650 and 6992.0%2.0¢98.0¢
Above 8002.0%2.0¢98.0¢

Market details

Resolution rules

Each outcome is a separate contract with its own rules. The rules for Between 400 and 449:

If the President signs between 400 and 449 Executive Orders during his second term, then the market resolves to Yes. An Executive Order must be formally titled "Executive Order" followed by a number, signed by the President, and published in the Federal Register. Presidential Memoranda, Proclamations, Determinations, and other executive actions that are not formally numbered Executive Orders do not count. The signing date as recorded in the Federal Register determines which period an Executive Order belongs to, using ET timezone. Classified Executive Orders count if acknowledged by number. Executive Orders that are later revoked still count for the period they were signed. The Federal Register is the primary source; alternative sources are used only if the Federal Register explicitly states data is incomplete.

Sources

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