The Federal Reserve's statutory foundation under the 1913 Federal Reserve Act, combined with its entrenched role in monetary policy and financial stability, underpins trader expectations that abolition will not occur before 2027. No legislation advancing full repeal has advanced beyond initial referral, including H.R. 1846 introduced in March 2025 and referred to the House Financial Services Committee without further action. Recent executive and regulatory developments have focused on adjustments to oversight and capital rules rather than elimination of the central bank. Achieving abolition would require both chambers of Congress to pass repeal measures and secure presidential approval amid competing priorities and institutional resistance. Scenarios that could still shift odds include a severe systemic crisis prompting emergency restructuring or an unprecedented realignment delivering unified congressional support for fundamental change.