Trump has already issued clemency to more than 1,700 individuals in his second term, beginning with blanket pardons and commutations for roughly 1,500 January 6 defendants on inauguration day and extending to 2020 election-related figures such as Rudy Giuliani and Mark Meadows. Subsequent grants have favored political allies, white-collar offenders with connections to Trump insiders or donors, and select cases advanced by a network of lobbyists and influencers operating outside the traditional Department of Justice process. Recent activity includes batches of 17–30 grants in mid-2026, alongside floated proposals for larger symbolic actions tied to the nation’s 250th anniversary. Through September 2026, trader attention centers on which additional connected individuals or categories could receive relief before the 2027 cutoff, amid reports of high-fee advocacy and Democratic pledges to scrutinize the process. Midterm outcomes and any late-term priorities could further shape the scope.