Traders assign a 97.9% implied probability that the Federal Reserve will not be abolished before 2027 because no viable legislative pathway exists. The Federal Reserve Board Abolition Act, introduced in March 2025, remains stalled in committee with no floor action or companion Senate progress. Recent developments center on leadership transitions, such as the appointment of Kevin Warsh as chair, Supreme Court rulings preserving limited for-cause removal protections for the Fed, and internal task forces reviewing monetary policy tools rather than dissolution. Abolishing the institution would require repealing the Federal Reserve Act through bicameral majorities and presidential approval, a process without meaningful momentum. Late-breaking developments that could still shift odds include an unforeseen congressional majority favoring repeal or a systemic crisis prompting emergency structural changes, though both remain remote within the resolution window.