Republican control of Congress has produced major legislation largely aligned with administration priorities, including the July budget package and permitting reforms, limiting opportunities for formal vetoes. President Trump has instead relied on pocket rescissions to address spending disputes and has allowed bipartisan measures, such as the 21st Century ROAD to Housing Act, to become law without his signature after declining to veto. With lawmakers in recess ahead of the November midterms and few high-stakes bills expected to reach the White House before year-end, traders see limited prospects for additional veto confrontations in the remaining weeks of 2026.