President Trump has granted over 1,600 acts of executive clemency since January 2025, including mass pardons for nearly all January 6 defendants, political allies such as former Rep. George Santos and reality stars Todd and Julie Chrisley, and numerous white-collar offenders convicted of fraud and money laundering, reflecting a pattern favoring donors and supporters that shapes trader assessments of remaining high-profile targets. In the past week, Democratic lawmakers Rep. Dave Min and Sen. Peter Welch launched a bicameral oversight investigation into 17 pardon recipients for potential pay-to-play influence, sending letters questioning the process via the Department of Justice's Office of the Pardon Attorney. No new major pardons have been announced in the last 30 days, but the power persists until January 20, 2027, amid speculation on preemptive clemency for administration officials facing probes.