{
  "id": 19720185,
  "title": "Donald Trump Jr exits as paid adviser for prediction market Kalshi",
  "url": "https://urgent.news/2026/11/12/donald-trump-jr-exits-as-paid-adviser-for-prediction-market-kalshi",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-12T22:37:10.000Z",
  "source": {
    "name": "The Guardian US",
    "slug": "the-guardian-us",
    "url": "https://www.theguardian.com/us-news/2026/nov/12/donald-trump-jr-kalshi"
  },
  "original_language": "en",
  "account": "Donald Trump Jr. has exited as a paid adviser for Kalshi, the prediction market company announced on Thursday. The decision was mutually agreed upon between Kalshi and Trump Jr.'s investment firm, 1789 Capital. The announcement follows a trend as Democrats took control of both the House and Senate in the recent midterm elections. Democrats have stated their intention to investigate the Trump family's investments, including their business relationships with both prediction markets. Kalshi spokesperson Dani Lever stated that while they are grateful for Donald Jr.'s contributions in promoting Kalshi to more customers, his firm's significant investment in a competitor this summer led to the end of his advisory role. Donald Jr. became a paid \"strategic adviser\" for Kalshi shortly after President Trump's second term began in January 2025 and has been an investor in Polymarket since August 2025. Both companies have experienced a surge in popularity and usage over the past two years and have received positive support from the White House. Despite the financial relationship between Polymarket, Kalshi, and the Trumps, both companies firmly deny that it influenced the industry's regulation under the current administration.",
  "summary": "Kalshi announces ‘mutual decision’ after Trump Jr’s investment firm increases stake in rival Polymarket Donald Trump Jr is no longer a paid adviser for Kalshi, the prediction market company said Thursday. Kalshi described it as a mutual business decision between the two parties that followed a decision by Trump Jr’s investment firm, 1789 Capital, to increase its investment in Kalshi’s biggest…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Donald Trump Jr. out of adviser role at Kalshi - report",
        "url": "https://urgent.news/2026/11/12/donald-trump-jr-out-of-adviser-role-at-kalshi-report",
        "published": "2026-11-12T19:41:11.000Z"
      },
      {
        "outlet": "Forbes",
        "title": "Donald Trump Jr. Leaves Kalshi Advisory Role Over Conflict With Polymarket",
        "url": "https://urgent.news/2026/11/12/donald-trump-jr-leaves-kalshi-advisory-role-over-conflict-with",
        "published": "2026-11-12T19:54:22.000Z"
      },
      {
        "outlet": "CoinDesk",
        "title": "Kalshi ends Donald Trump Jr.’s advisory contract over 1789 Capital’s Polymarket investment",
        "url": "https://urgent.news/2026/11/12/kalshi-ends-donald-trump-jr-s-advisory-contract-over-1789-capitals",
        "published": "2026-11-12T21:07:49.000Z"
      },
      {
        "outlet": "Cointelegraph",
        "title": "Kalshi ends Donald Trump Jr. advisory role over Polymarket investment: Reuters",
        "url": "https://urgent.news/2026/11/12/kalshi-ends-donald-trump-jr-advisory-role-over-polymarket-investment",
        "published": "2026-11-12T22:05:01.000Z"
      },
      {
        "outlet": "CityNews",
        "title": "Donald Trump Jr. exits advisory role at prediction market Kalshi",
        "url": "https://urgent.news/2026/11/12/donald-trump-jr-exits-advisory-role-at-prediction-market-kalshi-19722645",
        "published": "2026-11-12T22:08:04.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "Donald Trump Jr. exits advisory role at prediction market Kalshi",
        "url": "https://urgent.news/2026/11/12/donald-trump-jr-exits-advisory-role-at-prediction-market-kalshi",
        "published": "2026-11-12T22:08:04.000Z"
      },
      {
        "outlet": "Financial Times",
        "title": "Kalshi cuts ties to Donald Trump Jr after Democrats’ midterm sweep",
        "url": "https://urgent.news/2026/11/12/kalshi-cuts-ties-to-donald-trump-jr-after-democrats-midterm-sweep",
        "published": "2026-11-12T22:45:07.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Exclusive-Kalshi says it ended Donald Trump Jr’s advisory contract over Polymarket conflict",
        "url": "https://urgent.news/2026/11/12/exclusive-kalshi-says-it-ended-donald-trump-jrs-advisory-contract",
        "published": "2026-11-12T22:54:20.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}