Constitutional provisions assign primary responsibility for election administration to the states, sharply constraining presidential authority and making unilateral nationalization legally implausible. Federal courts have already blocked multiple Trump administration executive orders from 2025 and 2026 that sought greater federal oversight of voter rolls, mail ballots, and related procedures, citing Article I, Section 4 limits on executive power. No statutory emergency authority permits the president to seize control of polling, counting, or certification processes. Legislative initiatives such as the SAVE America Act have instead pursued narrower reforms like proof-of-citizenship requirements through Congress rather than executive fiat. These institutional barriers and judicial precedents underpin the strong trader consensus against nationalization ahead of the 2026 midterms.