# Kalshi cuts ties to Donald Trump Jr after Democrats’ midterm sweep

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4 outlets covering · First listed: Financial Times, Nov 12, 2026, 4:45 PM · Read it: <https://www.ft.com/content/1352ac24-bdd6-4093-9ebd-7b27b6fd29d3?syn-25a6b1a6=1>

Prediction market platform ends advisory deal amid mounting political scrutiny and rival investments in Polymarket

## Who's covering it

In the order they published:

- Nov 12, 2026, 2:03 PM: [Kalshi says it’s cutting ties with Donald Trump Jr. over his firm’s big investment in rival Polymarket](<https://nypost.com/2026/11/12/business/kalshi-says-its-cutting-ties-with-donald-trump-jr-over-his-firms-big-investment-in-rival-polymarket/>) — NY Post (Newspaper, United States, rated Lean right)
  Reuters reported that the $40 billion startup mutually agreed to end its advisory contract with the president's son.
- Nov 12, 2026, 3:38 PM: [Kalshi Severs Its Relationship With Donald Trump Jr.](<https://www.nytimes.com/2026/11/12/us/politics/kalshi-donald-trump-jr.html>) — New York Times (Newspaper, United States, rated Lean left)
  The country’s largest prediction market says it ended its contract with the president’s eldest son after his investment firm took a larger stake in its prime competitor.
- Nov 12, 2026, 4:45 PM: [Kalshi cuts ties to Donald Trump Jr after Democrats’ midterm sweep](<https://www.ft.com/content/1352ac24-bdd6-4093-9ebd-7b27b6fd29d3?syn-25a6b1a6=1>) — Financial Times (Newspaper, United Kingdom, rated Center)
  Prediction market platform ends advisory deal amid mounting political scrutiny and rival investments in Polymarket
- Nov 12, 2026, 4:57 PM: [Kalshi ends Donald Trump Jr. advisory role, pointing to Polymarket ties](<https://thehill.com/policy/technology/6217564-trump-jr-kalshi-advisory-end/>) — The Hill (Newspaper, United States, rated Center)
  Kalshi has ended Donald Trump Jr.’s advisory role with the company after his firm, 1789 Capital, increased its investment in Polymarket earlier this year. “We have mutually agreed to end Don’s advisory role after his firm’s significant investment in a competitor this past summer,” Kalshi spokesperson Dani Lever said in a statement. “We are grateful…
