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Democrats lead Republicans by 3.8 points on Kalshi's American Power Index

Published Sep 28, 2026Updated 2h ago

The Democratic Party leads the Republican Party by 3.8 points on Kalshi's American Power Index, a market-based measure of the balance of political power. The index is published by the regulated prediction market platform Kalshi.

Why this matters?

Provides a real-time, market-based snapshot of trader sentiment on partisan control heading into the 2026 cycle. The 3.8-point spread is a concrete data point for tracking how prediction-market participants price political power shifts.

The bigger picture

Kalshi's American Power Index joins five other active political books this reporting window — district-level House control, North Carolina Senate, Los Angeles mayor, Maine Senate, and Polymarket's sweep odds — as regulated and offshore venues race to price the full hierarchy of the 2026 cycle.

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