Traders assign the Federal Reserve Board Abolition Act and related measures only minimal odds of enactment before 2027 because the bills introduced in the 119th Congress remain stalled in committee with no scheduled floor action. Recent developments instead center on institutional continuity, including the Supreme Court’s June 2026 ruling shielding governors from at-will removal, the appointment and early reform agenda of Chair Kevin Warsh, and narrower legislative proposals such as adjustments to the dual mandate or restrictions on central bank digital currency issuance. The central bank’s statutory framework, balance-sheet operations, and role in payments and supervision create substantial procedural and political barriers to outright repeal. While a sudden fiscal or monetary crisis could theoretically accelerate consideration, no such catalyst has emerged, and historical precedent shows central-bank restructuring occurs through incremental oversight rather than dissolution.