**No** leads at 89% because the U.S. Constitution assigns primary authority over the “times, places, and manner” of elections to the states, with Congress holding limited oversight power. Multiple Trump administration executive orders aimed at expanding federal influence—such as citizenship verification requirements and data-sharing mandates—have been blocked by federal courts, which have reaffirmed state control. Recent comments by the president declining to rule out a national security emergency declaration to alter voting rules have not produced any operative change, and the SAVE America Act remains stalled in Congress. Legal experts across the political spectrum note that no existing emergency statute grants unilateral presidential authority to override state election administration or “nationalize” polling operations. These structural and judicial constraints continue to anchor trader expectations that full nationalization will not occur ahead of the 2026 midterms.