Prediction Market Movers Richard Hanania on Prediction Markets, White Nationalism & the Midterms | Prediction Market Movers
On this episode of Prediction Market Movers, Chris Gerlacher is joined by political commentator and writer Richard Hanania for an in-depth conversation on prediction markets, Republican Party realignment, and the road to the 2026 midterms and 2028 presidential election.
Richard shares his personal history with prediction markets, from trading on PredictIt to being a named plaintiff in PredictIt’s lawsuit against the CFTC.
The discussion explores why prediction markets remain one of the most powerful tools for forecasting political outcomes, holding commentators accountable, and cutting through media narratives.
The conversation then turns to politics, where Richard explains his break from both white nationalist movements and the MAGA coalition, offering a candid analysis of how fringe ideologies have moved closer to the Republican mainstream.
Chris and Richard examine the influence of figures like Nick Fuentes, the online far-right, and how these groups could impact Republican turnout and candidate selection in the 2026 midterms.