President Donald Trump has not ruled out invoking the Insurrection Act before or around the November 2026 midterms, stating in a late-September TIME interview that he “could use it” while noting he has never done so previously. This comes amid Republican polling challenges, ongoing immigration enforcement operations, and preparations for potential election-related protests or disputes. No invocation has occurred since the 1992 Los Angeles riots, and the president has instead relied on other statutes such as 10 U.S.C. § 12406 for National Guard deployments in 2025. Congressional proposals to add time limits and approval requirements remain pending, while legal analyses continue to debate restrictions on military presence at polling sites. Traders assess the low near-term probability of formal invocation by year-end against these statements, historical precedent, and the absence of qualifying civil disorder.