Ted Cruz Teases 2028 Presidential Run: Odds of Beating JD Vance
Prediction markets give an insight into who the GOP nominee could be in 2028—and there is a clear favorite.
Senator Ted Cruz hinted at a possible presidential campaign in 2028. Speaking to MS Now, the Texas Republican was asked whether the GOP had already endorsed Vice President JD Vance. "Oh, no," Cruz stated. "There will be a full discussion about who we are and what we believe." When asked if he would be a part of that, Cruz responded, "Certainly, I would be part of the discussion."
Cruz placed the future leadership debate in a broader ideological context. "Economically, I think we should be a conservative party, and on foreign policy, we've got a debate: Are we an isolationist party that withdraws from the world, or do we believe in American leadership?" he said.
On a separate interview on Monday, Cruz was asked about a potential presidential bid. "We'll have this conversation another time," he answered to CBS News correspondent Major Garrett.
As midterm elections approach, speculation about the 2028 presidential nominees is underway. JD Vance has been the favorite on prediction markets for the GOP side. Newsweek has reached out to Cruz's office for comments.
Cruz ran for president in 2016 and narrowly lost to Donald Trump. He did not run in 2020 or 2024. Prediction markets indicate a high likelihood that Cruz will announce a bid by 2028. On Polymarket, Cruz had a 74% chance of running last month, while Vance had a 47.3% chance and Rubio 19.4%. Cruz's chances were 1% on Kalshi.
Cruz's chances of becoming the nominee are relatively low compared to Vance and Rubio. Based on Real Clear Polling's average poll taken from July 3 to August 17, Cruz's support is at 3.1%, significantly behind Vance's 40.4% and Rubio's 22.6%.
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