Trump's second term began in January 2025, and the absence of successful impeachment proceedings, resignation signals, or 25th Amendment actions has anchored trader expectations that he will remain in office through at least early 2027. Congressional majorities aligned with the administration have limited removal pathways, while public statements from White House officials and party leaders emphasize continuity on legislative priorities such as appropriations and executive appointments. Historical patterns show few presidents depart before completing two years absent acute crises, and no comparable triggers have emerged in recent months. Scheduled events like the 2026 midterms could alter the political environment but fall outside the resolution window for this market.