President Trump has no legal authority to rename New Mexico, as the state's name and boundaries are fixed in Article I of its constitution, requiring legislative approval and voter ratification for any change. In early September 2026, Trump posted memes and AI-generated videos suggesting the state be called "New America," which the White House amplified on X, following prior executive actions that directed federal agencies to use "Gulf of America" and "Lake America." New Mexico's Democratic governor and congressional delegation immediately rejected the idea, emphasizing the name's pre-U.S. origins. Traders price the probability of any formal Trump directive by late 2026 at single digits, reflecting these structural barriers and sustained state opposition.