The 97.3% market-implied probability that the Federal Reserve will not be abolished before 2027 reflects the absence of viable legislative momentum behind the Federal Reserve Board Abolition Act (H.R. 1846/S. 869), which remains stalled in committee with no advancing proposals. Traders assign overwhelming odds to continuity given the Fed’s statutory foundation under the 1913 Federal Reserve Act, its central role in setting the federal funds rate, managing inflation data, and responding to labor market conditions, and broad institutional consensus across Congress and the executive branch. Recent FOMC communications and ongoing supervisory activities, including proposed 2026 stress-test scenarios, reinforce operational stability rather than structural overhaul. Tail-risk scenarios, such as an acute financial crisis or unprecedented political realignment overriding decades of precedent, remain low-probability events priced into current odds given the multi-step bicameral requirements for repeal.