Trump’s expansive use of executive clemency in his second term has centered on a day-one blanket pardon and commutations for roughly 1,600 January 6 defendants, followed by targeted grants for white-collar offenses, crypto-related convictions, and select political allies or donors. Congressional Democrats have launched oversight probes into whether financial or personal connections influenced selections, while the DOJ pardon attorney continues processing additional cases. Recent actions include July 2026 grants tied to Clean Air Act violations and individual high-profile figures. With the 2027 cutoff approaching, trader focus rests on whether further batches will target specific names or categories before term-end pressures or institutional pushback intensify.