**Despite repeated impeachment requests filed by opposition lawmakers against Brazilian Supreme Court Justice Alexandre de Moraes through mid-August 2026, the Senate has taken no steps toward removal.** Multiple petitions, including one submitted on August 12 by PL party leader Cabo Gilberto Silva citing press freedom concerns and prior filings reaching over 50, remain stalled. Brazil’s constitutional process requires broad Senate majorities that the current legislative balance has not delivered. Moraes continues exercising his duties, including oversight of high-profile cases, with institutional support from the court and executive. U.S. sanctions imposed in 2025 and later lifted had no bearing on his domestic tenure. Traders assign only a 9% chance of removal by the implied probability, consistent with the procedural and political barriers observed.