**Tim Walz continues to serve as Minnesota governor through the final months of his term ending in January 2027, with no public signals of an early resignation.** He withdrew from the 2026 reelection race in January amid intense scrutiny over the handling of large-scale fraud in state social services programs, later stating he would not seek elected office again. Recent reporting highlighted the personal impact of political violence, including his consideration of leaving public service following the June 2025 assassination of former House Speaker Melissa Hortman. As of October 2026, however, Walz remains active in the role, issuing executive orders, making appointments, and conducting official travel. The low implied probabilities in related markets reflect the absence of confirmed plans or procedural triggers for resignation before the term concludes, though late developments such as health issues, major scandals, or external pressures could still alter the outlook.