https://time.com/article/2026/05/20/graham-platner-profile/

Graham Platner, the Democratic nominee for the U.S. Senate in Maine, has lost the support of key Democratic figures amid resurfacing allegations of misconduct. The allegations, stemming from a 2021 incident, have prompted prominent Democratic leaders, including Chuck Schumer and Kirsten Gillibrand, to withdraw their endorsements. The Democratic Senatorial Campaign Committee has also stated it will not financially support Platner’s campaign if he remains on the ballot. This shift in support appears to have significantly impacted market expectations regarding Platner’s continued candidacy, with markets now broadly pricing in his potential withdrawal.

Recent market data suggests a substantial increase in the likelihood of Platner dropping out before the midterms. The probability of a withdrawal before November is currently priced at 98.6% YES, a sharp rise from 97% just 24 hours ago, and a dramatic shift from 10% a week prior. This indicates that market participants are increasingly expecting Platner to step down amid the mounting pressure and controversies. Key upcoming deadlines, such as the July 13 cutoff for candidate replacement under Maine law, are likely influencing these expectations.