Javier Milei’s legislative gains following the October 2025 midterm elections have strengthened his congressional position, enabling passage of key labor reforms in early 2026 and continued deregulation that reduced inflation and restored growth. These developments, combined with a fragmented opposition lacking unified leadership, have reinforced trader consensus that constitutional removal processes remain unlikely before the end of his term. Approval ratings have declined amid persistent inflation and isolated corruption allegations, yet no impeachment proceedings or resignation pressures have materialized. Scenarios that could still shift odds include escalation of scandals reaching senior officials, a sharp reversal in economic indicators, or health-related incapacity, though such events lack current momentum.