Democrats gained control of both chambers of Congress in the November 2026 midterms and will hold majorities starting in January 2027, creating the House majority needed to impeach President Trump for a potential third time. However, Senate conviction and removal require a two-thirds vote, and the Democratic caucus holds only around 54 seats—well short of the 67-vote threshold even under unified party-line voting. Party leaders have emphasized priorities such as affordability and investigations into cabinet officials like Defense Secretary Pete Hegseth over immediate presidential impeachment proceedings. Past impeachment efforts against Trump resulted in Senate acquittals, reinforcing the structural barrier to removal before the 2028 election. Traders price the low probability of both impeachment and conviction occurring in the current divided-government environment.