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U.S. President Joe Biden is reportedly considering issuing preemptive pardons for those "caught in the cross hairs".
Polymarket began offering odds on three potential pardons:
- Will Biden pardon Jim Biden?
- Will Biden pardon Liz Cheney?
- Will Biden pardon Adam Schiff?
Each had between a 25% and 30% shot of receiving a pardon based on gambler sentiment.
From Politico:
President Joe Biden’s senior aides are conducting a vigorous internal debate over whether to issue preemptive pardons to a range of current and former public officials who could be targeted with President-elect Donald Trump’s return to the White House, according to senior Democrats familiar with the discussions.
Biden’s aides are deeply concerned about a range of current and former officials who could find themselves facing inquiries and even indictments, a sense of alarm which has only accelerated since Trump last weekend announced the appointment of Kash Patel to lead the FBI. Patel has publicly vowed to pursue Trump’s critics.
For Liz Cheney, the market will resolve to "Yes" if Cheney receives a presidential pardon, commutation, or reprieve by Joseph Biden, before the time the next presidential inauguration starts. Otherwise, this market will resolve to "No".
For this market to resolve to "Yes", the pardon, commutation, or reprieve must be issued by Joseph Biden within his first presidential term. If it becomes impossible for Joseph Biden issue a federal pardon, commutation, or reprieve within this market's timeframe, it may immediately resolve to "No".
The primary resolution source for this market will be official information from the US government, however a consensus of credible reporting will also be used.
For Adam Schiff, this market will resolve to "Yes" if Adam Schiff receives a presidential pardon, commutation, or reprieve by Joseph Biden, before the time the next presidential inauguration starts. Otherwise, this market will resolve to "No".
For this market to resolve to "Yes", the pardon, commutation, or reprieve must be issued by Joseph Biden within his first presidential term. If it becomes impossible for Joseph Biden issue a federal pardon, commutation, or reprieve within this market's timeframe, it may immediately resolve to "No".
The primary resolution source for this market will be official information from the US government, however a consensus of credible reporting will also be used.
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