How many executive orders will Trump sign in his second term?
The probability of Trump signing between 400 and 449 executive orders is low at 12%, as he has already signed 263 by early June 2026, requiring a final count of 400-449 which leaves only 137-186 orders for the remaining 31 months of his term, a pace inconsistent with the recent slowdown to 8 orders in February 2026.
Analysis
As of early June 2026, President Trump has signed 263 executive orders in his second term, surpassing his entire first-term total of 220. To land in the 400–449 range by January 2029, he would need to sign between 137 and 186 additional orders over the remaining 31 months of his term, averaging roughly 4.4 to 6.0 orders per month. This required pace is significantly lower than his current average of approximately 18.7 orders per month through February 2026, yet the recent trend shows a sharp deceleration, with February 2026 marking his third-lowest monthly total at just 8 orders.
The market currently prices the 400–449 outcome at 17%, which appears slightly inflated given the trajectory. While the initial surge of 36 orders in the first week was unprecedented, the sustained slowdown suggests the total will likely exceed 450 if the average remains above 6 orders per month, or fall below 400 if the slowdown continues to single digits. Historical data shows Trump is already the tenth-most prolific EO issuer in U.S. history with 475 total across both terms, and models predict a second-term total well above 800, though prediction markets suggest a more conservative 400–500 range.
The most probable outcome is that Trump will exceed 450 orders, making the 400–449 bracket a narrow miss. The 450–499 range (market 10%) and 500–549 range (market 9%) appear more aligned with the current volume, while the 350–399 range (market 13%) is unlikely given the 263 already signed. The market may be underestimating the likelihood of a total above 500, or overestimating the chance of a slowdown that would cap the total below 450.
Arguments
For
- The required pace of 4.4–6.0 EOs/month is less than half his current average, making the range mathematically feasible if slowdown continues
- February 2026's low count of 8 EOs indicates a potential trend toward single-digit monthly issuance
- The 400–449 range is the highest probability outcome in the market at 17%, suggesting some consensus on a moderate total
- Trump's first-term total of 220 provides a historical baseline that the second term is already exceeding significantly
Against
- With 263 EOs already signed, reaching 400 requires only 137 more, but reaching 449 requires 186, a narrow window that is easily missed
- The current average of 18.7 EOs/month suggests the total will likely exceed 450 unless a severe slowdown occurs
- Prediction models expect a total above 800, indicating the 400–449 range may be too conservative
- The market's 17% probability for 400–449 is lower than the 13% for 350–399, suggesting the market sees a higher chance of exceeding 450
Key drivers
- Current count of 263 EOs by early June 2026 leaves limited room for the 400–449 range
- Recent slowdown to 8 EOs in February 2026 suggests a decelerating pace
- Required average of 4.4–6.0 EOs/month for remaining term is below current historical average
- Unprecedented first-week surge of 36 EOs is not sustainable long-term
Risk factors
- Court resistance to policies like election integrity EOs could reduce future EO issuance
- Data gap from March–July 2026 creates uncertainty about current total
- Potential administrative fatigue or policy shifts could further slow EO pace
- Market may be mispricing the likelihood of a total exceeding 500
Scenarios
Best case
Trump signs exactly 449 EOs by January 2029, landing perfectly in the 400–449 range due to a sustained slowdown to 5 EOs/month.
Most likely
Trump signs between 450 and 549 EOs, exceeding the 400–449 range, as his current average of 18.7 EOs/month suggests a total well above 450 even with a moderate slowdown.
Worst case
Trump signs fewer than 400 EOs total, landing in the 350–399 range, if the slowdown to single-digit monthly issuance continues and accelerates.
Outcomes
| Outcome | AI | MKT |
|---|---|---|
| Between 400 and 449 | 12% | 17% |
| Between 350 and 399 | 15% | 13% |
| Between 450 and 499 | 28% | 10% |
| Between 500 and 549 | 25% | 9% |
| Below 300 | 5% | 8% |
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