Prediction markets put the probability at 10%: Insurrection Act invoked by June 30. Currently, markets see this as unlikely (10% YES). Trump threatens more US strikes in Iran as ceasefire deadline looms - POLITICO.
On April 21, 2026, President Donald Trump invoked the Defense Production Act (DPA) to direct taxpayer funding toward boosting domestic fossil fuel production, specifically targeting oil, gas, and coal industries amid rising gas prices linked to ongoing U.S. military operations in Iran. This marks the first time the DPA has been used in this context, drawing immediate criticism from environmental groups and some lawmakers who argue the move bypasses congressional oversight. The invocation of the DPA, a wartime law, has reignited debate over the scope of executive emergency powers, with analysts noting that while the DPA is distinct from the Insurrection Act, its use signals a broader willingness by the administration to deploy extraordinary legal authorities to address domestic economic and security challenges. [Common Dreams, Apr 21]
The context for a potential Insurrection Act invocation has been further complicated by a National Guard shooting near the White House on April 26, 2026, in which two West Virginia National Guard members were critically wounded. President Trump described the attack as an "act of evil" and identified the suspect as an Afghan national who entered the U.S. in September 2021. The incident has heightened security concerns in the capital and prompted calls from some conservative figures for a stronger federal law enforcement response. While the White House has not publicly discussed invoking the Insurrection Act in connection with this event, the shooting adds to a series of domestic security incidents that could theoretically be cited as justification for deploying active-duty military personnel on U.S. soil under the statute. [ABC News, Apr 26]
Looking ahead, the probability of an Insurrection Act invocation by June 30 remains low at 10%, according to current market data, as no direct trigger—such as a major civil disturbance or a request from a state governor—has materialized. However, the administration's recent pattern of invoking emergency powers, combined with escalating tensions over Iran and domestic security incidents, keeps the scenario within the realm of possibility. Key dates to watch include the ceasefire deadline in Iran, which could either de-escalate or intensify military actions, and any further attacks on federal personnel. Legal experts note that the Insurrection Act requires a formal request from a state legislature or governor, or a finding that ordinary law enforcement is insufficient, neither of which has occurred as of late April. [Politico, Apr 21]
Lower-volume market on Polymarket ($68K). Wider spreads expected — enter with limit orders and be aware of slippage risk. Currently 10c YES.
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