Recent Senate committee action has intensified scrutiny of Anthony Fauci, with the Homeland Security panel voting along party lines in early August 2026 to hold him in contempt after he invoked the Fifth Amendment more than 100 times during a hearing on COVID-19 origins and related matters. The referral went directly to the Justice Department for potential prosecution, while Florida’s attorney general separately opened an investigation. These steps reflect ongoing congressional and state-level interest in pandemic-era decisions and records. However, procedural hurdles—including the scope of a prior presidential pardon, novel legal arguments over Fifth Amendment applicability post-pardon, and the time required for grand jury review—create substantial barriers to formal charges before year-end. Trader pricing at 60% for “No” aligns with the uncertain timeline and institutional constraints surrounding any indictment.