Trump has exercised broad clemency authority since January 2025, issuing over 1,700 grants including blanket pardons and commutations for January 6 defendants on his first day in office, plus subsequent actions favoring political allies, donors, and individuals with connections to administration insiders or lobbyists. Traditional DOJ review has largely been bypassed in favor of direct White House access, resulting in pardons for white-collar offenders, drug cases, and figures tied to 2020 election matters. Recent grants in 2026 have continued this pattern amid discussions of larger batches tied to the semiquincentennial. With midterms approaching and appeals ongoing for some associates, trader focus centers on which additional names with demonstrated access or alignment could receive relief before the 2027 cutoff.