Will Trump establish nationwide concealed carry?
Yes refers to: Before Jan 4, 2027
Short Answer
1. Market Behavior & Drivers
- The 2022 Bruen decision fundamentally altered firearm regulation standards.
- Partisan firearms legislation historically struggles to overcome Senate filibusters.
- H.R. 38 has not advanced beyond initial reporting and printing.
- Public polling from 2025-2026 shows majority national support for reciprocity.
- A unified Republican government post-2026 could increase federal concealed carry chances.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Before Jan 4, 2027 | 9.0% | 8.4% | Legislation for nationwide concealed carry faces significant political hurdles in Congress. |
Current Context
Sources (7)
- 1H.R.38 - Constitutional Concealed Carry Reciprocity Act 119th Congress (2025-2026) |congress.gov
- 2Expand concealed carry rights: House Republicans push bill on concealed carry | PolitiFactpolitifact.com
- 3Expand concealed carry rights: House Republicans push bill on concealed carry | PolitiFactpolitifact.com
- 4H.R. 38 (RH) - Constitutional Concealed Carry Reciprocity Act of 2025 - Content Details -govinfo.gov
- 5Constitutional Concealed Carry Reciprocity Act of 2025 (H.R. 38) - GovTrack.usgovtrack.us
- 6Will Trump establish nationwide concealed carry? Odds & Predictions 2027kalshi.com
- 7Will Trump sign a concealed-carry reciprocity bill? | Manifoldmanifold.markets
2. Price Chart
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
📉 May 13, 2026: 9.0pp drop
Price decreased from 18.0% to 9.0%
Outcome: Before Jan 4, 2027
Sources (4)
- 1H.R.38 - Constitutional Concealed Carry Reciprocity Act 119th Congress (2025-2026) |congress.gov
- 2H.R. 38 (RH) - Constitutional Concealed Carry Reciprocity Act of 2025 - Content Details -govinfo.gov
- 3H.R. 38 Concealed Carry Reciprocity: Smart 2026 CCW Guideguncarrier.com
- 4Expand concealed carry rights: House Republicans push bill on concealed carry | PolitiFactpolitifact.com
4. Market Data
Contract Snapshot
A "Yes" resolution occurs if a bill establishing nationwide concealed carry reciprocity is signed into law by the President on or before January 3, 2027; otherwise, the market resolves to "No." The market will close early if the event happens, or by January 4, 2027, at 10:00 am EST, with the outcome verified by the Library of Congress. Insider trading, including by those with material non-public information, is prohibited.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Before Jan 4, 2027 | $0.09 | $0.96 | 9% |
Market Discussion
Sources (4)
- 1H.R.38 - Constitutional Concealed Carry Reciprocity Act 119th Congress (2025-2026) |congress.gov
- 2H.R.38 - Constitutional Concealed Carry Reciprocity Act 119th Congress (2025-2026) |congress.gov
- 3https://www.congress.gov/119/bills/s65/BILLS-119s65is.htmcongress.gov
- 4What You Need to Know About the Constitutional Concealed Carry Reciprocity Act of 2025 | Everytowneverytown.org
5. Trust Index
Includes the cost to trade: a $10,000 order can't be filled here because the order book is too thin.
Weighted blend with hard caps — a critically weak safety pillar, or a severe trading anomaly, caps the total regardless of the rest. Full methodology · About the Trust Index
6. What legal precedents from Supreme Court cases like *Bruen* could affect a potential Trump executive order on concealed carry before 2027?
| Bruen Decision Year | 2022 [1] |
|---|---|
| Bruen Impact | Struck down "proper cause" concealed carry licensing [1][2] |
| Executive Order Constraint | Constrains nationwide concealed carry executive orders [1][3] |
Sources (9)
- 1https://www.supremecourt.gov/opinions/21pdf/20-843_7j80.pdfsupremecourt.gov
- 2https://storage.courtlistener.com/recap/gov.uscourts.lawd.176948/gov.uscourts.lawd.176948.62.1.pdfstorage.courtlistener.com
- 3https://www.supremecourt.gov/opinions/21pdf/20-843_new_m648.pdfsupremecourt.gov
- 4Bruen’s Concurrences: The Questionable Durability of the Bruen Majority, and Ruminations on Originalism and the Limits of Historical Inquiry | Duke Center for Firearms Lawfirearmslaw.duke.edu
- 5https://www.govinfo.gov/content/pkg/FR-2025-02-12/pdf/2025-02636.pdfgovinfo.gov
- 6Trump’s Latest Executive Order on Firearms | Duke Center for Firearms Lawfirearmslaw.duke.edu
- 7H.R.38 - Constitutional Concealed Carry Reciprocity Act 119th Congress (2025-2026) |congress.gov
- 8https://www.congress.gov/119/bills/s65/BILLS-119s65is.htmcongress.gov
- 9Will Trump establish nationwide concealed carry? Odds & Predictions 2027kalshi.com
7. What is the historical success rate since 2000 for partisan firearms legislation clearing a 60-vote Senate filibuster?
| Required Senate votes for filibuster | 60 votes [1][2][3][4][5] |
|---|---|
| Manchin-Toomey amendment vote (2013) | 54-46 (failed to reach 60) [1][2][3][4][5] |
| Failed gun measures in Senate (2016) | Four [6][7] |
8. How does the legislative path of H.R. 38 compare to the Bipartisan Safer Communities Act of 2022?
| H.R. 38 (2025-2026) Status | Reported with an amendment and ordered to be printed on October 3, 2025 [1][2] |
|---|---|
| Bipartisan Safer Communities Act (S.2938) Status | Signed into law on June 25, 2022, as P.L. 117-159 [3] |
| Nationwide Concealed Carry Prediction Market | Active, but no probability or authoritative tie-in to H.R. 38 found [4] |
Sources (6)
- 1H.R. 38 (RH) - Constitutional Concealed Carry Reciprocity Act of 2025 - Content Details -govinfo.gov
- 2Bills 119hr38rh.htmgovinfo.gov
- 3Bipartisan Safer Communities Act (P.L. 117159): Section-by-Section Summary | Congress.gov | Library of Congresscongress.gov
- 4Will Trump establish nationwide concealed carry? Odds & Predictions 2027kalshi.com
- 5S.2938 - Bipartisan Safer Communities Act 117th Congress (2021-2022)congress.gov
- 6Bipartisan Safer Communities Act of 2022 - Ballotpediaballotpedia.org
9. What public polling data is available from 2025-2026 on voter sentiment towards national concealed carry reciprocity in key swing states?
| National support for federal concealed carry reciprocity | 64% (Quantus Insights, October 2025) [1][2] |
|---|---|
| NC opposition to repealing concealed carry permits | 54% (Elon University, 2025) [3] |
| NC opposition to permitless concealed carry | 77% (Everytown, 2025) [3] |
Sources (4)
- 1NEW POLL: Americans Want Nationwide Concealed Carry Reciprocity - The American Tribune.comtheamericantribune.com
- 2JUST IN: New Poll Shows Americans Back Second Amendment By Wide Margintrendingpoliticsnews.com
- 3Newly released polls: Most in NC oppose repealing permit requirement for carrying concealed handgunsncnewsline.com
- 4H.R.38 - Constitutional Concealed Carry Reciprocity Act 119th Congress (2025-2026) |congress.gov
10. What specific legislative hurdles must H.R. 38 clear in the Senate before the January 2027 deadline?
| Bill for reciprocity | H.R. 38 [1] |
|---|---|
| Deadline for law | January 4, 2027 [1] |
| Senate legislative pathways | Committee and floor actions [2] |
11. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Expiration: January 04, 2027
- Closes: January 04, 2027