The odds that Donald Trump will be impeached during his first term as president reached a new high following the disclosure that his son, Donald Trump Jr., arranged a meeting with a Russian government attorney to discuss what was purported to be information that could be used against election rival Hillary Clinton. The disclosure comes amid a widening investigation into possible ties between the Trump campaign and Russia, which the president has repeatedly labeled a “hoax.”
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The latest wave of news led Irish bookmaker Paddy Power to dramatically cut its odds on Trump being impeached before seeing out four years in office. Following news of the meeting, the odds were set at 4/6, the shortest they have ever been. For someone looking to make money off the current political crisis, a $1 wager would earn just 67 cents in return if Trump is impeached. More pointedly, the odds equate to a 60 percent chance that Trump will become the first United States president to be successfully impeached by both the House of Representatives and the Senate.