President Donald Trump’s recent comments have centered trader attention on the Insurrection Act ahead of the November 2026 midterms. In a late-September Time interview, Trump declined to rule out invoking the 1807 statute or declaring a national emergency, noting he “could use it” while discussing crime, immigration enforcement, and potential unrest. The administration has already deployed National Guard units under separate authorities to several cities amid protests over ICE operations, and officials are preparing for possible post-election disputes or demonstrations. No invocation has occurred to date, and the last formal use of the Act dates to 1992. Key near-term catalysts include midterm voting on November 3, certification timelines, and any escalation in domestic protests or enforcement actions that could meet statutory triggers for presidential deployment of federal forces.