Recent developments since Pam Bondi’s early April ouster have shaped trader positioning around the June 30 deadline. Todd Blanche’s elevation to acting attorney general has positioned him as the leading named contender, reflecting his prior role as Trump’s personal counsel and his current leadership at the Department of Justice. Reports indicate Blanche is advancing administration priorities while Trump evaluates Senate confirmation paths and a potential legal workaround that could extend his acting tenure for months. This dynamic has boosted the probability of no formal announcement by June 30, as the White House continues vetting alternatives including Lee Zeldin and other allies. The compressed timeline leaves limited room for a quick nomination amid ongoing internal deliberations.