**The near-certain trader consensus against abolishing the Federal Reserve before 2027 stems from the high legislative barriers required to repeal the 1913 Federal Reserve Act.** Such a step would need majority support in both chambers of Congress, presidential approval, and a multi-year wind-down process, none of which show meaningful momentum as of October 2026. The Federal Reserve Board Abolition Act (H.R. 1846), introduced in March 2025 and referred to the House Financial Services Committee, has advanced no further despite limited cosponsors. Ongoing debates center on Fed independence, supervision reforms, and targeted oversight proposals rather than outright elimination, reflecting broad institutional preference for continuity in monetary policy. While a major economic crisis, midterm shifts after November 2026, or unexpected bipartisan action could theoretically reopen the issue, these remain low-probability developments within the short resolution window.