The New House of Representatives Elects Its Speaker
United States Capitol, Washington, DC
SCHEDULED72% CONFIDENCEThe Twentieth Amendment fixes the new Congress’s first meeting at noon on January 3, and House rules make the Speaker election its first order of business. Kalshi[1] does not date its market, which runs to 2031.
Kalshi
Polymarket
The Congress elected in the 2026 midterms first meets on January 3, 2027, and the House can do no other business until it has a Speaker. On 20 September 2026 Kalshi's market on the next new Speaker had Hakeem Jeffries at 86% — the table's chance, against “88% chance” on the order ticket beside it — with Jim Jordan at 10% and Steve Scalise at 2.6%.
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