Defense Secretary Pete Hegseth remains actively engaged in core responsibilities, including recent congressional testimony on the Iran conflict and the proposed 2027 defense budget, alongside announcements on contract reforms and troop adjustments in Europe. These developments, occurring within the past two weeks, underscore his ongoing operational role with no public indications of imminent departure or White House pressure to step down. Trader consensus at 99.2% for "No" by May 31 aligns with the absence of confirmation hearings, resignation statements, or structural challenges to his position under standard Senate confirmation and executive removal processes. Late developments such as a major policy reversal, health-related incapacity, or direct presidential directive could still shift the outcome before the deadline.