Will Trump end Department of Education before 2027?

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    "context_description": "Trader consensus prices \"No\" at 94.5% for President Trump ending the Department of Education before 2027, driven by the statutory requirement for congressional legislation to fully abolish the cabinet agency, which executive orders cannot achieve alone. A March 2025 executive order directed Secretary Linda McMahon to facilitate closure through staff reductions—now at 50%—program transfers to other agencies via interagency agreements, headquarters relocation, and budget cuts, marking one year of downsizing as of March 2026. However, Congress rebuffed elimination efforts, fully funding the department in February 2026 and rejecting deep cuts, with Democrats vowing opposition to the latest fiscal 2027 budget proposal slashing $8.5 billion. Upcoming midterm elections and appropriations battles pose further hurdles, though slim GOP majorities could enable progress if priorities align.",
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