The Federal Reserve’s statutory foundation under the 1913 Federal Reserve Act creates a high legislative threshold for abolition, requiring repeal through both chambers of Congress and presidential approval. As of October 2026, introduced measures such as the Federal Reserve Board Abolition Act remain stalled in committee with minimal co-sponsorship, even under Republican majorities in the House and Senate. Trader consensus at 98.7% against abolition before 2027 reflects this institutional inertia, the absence of bipartisan momentum, and the focus of recent proposals on audits or central bank digital currency restrictions rather than dissolution. A narrow path to reversal would still demand sustained majorities through the 2026 midterms plus rapid floor action before the deadline, an outcome with no current procedural indicators.