Donald Trump Jr. exits advisory role at prediction market Kalshi

By KEN SWEET NEW YORK (AP) — Donald Trump Jr. is no longer a paid adviser for Kalshi, the prediction market company said Thursday. Kalshi described the decision 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 competitor Polymarket. But the announcement comes a week after Democrats were able to take control of both the House and Senate in the midterm elections. Democrats have said they planned to investigate the Trump family’s investments, including their business relationships with both prediction markets. “We have mutually agreed to end Don’s advisory role after his firm’s significant investment in a competitor this past summer,” said Dani Lever, a spokesperson for Kalshi.

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