The White House Correspondents’ Dinner is set to take place in Washington, D.C., at the Waldorf Astoria, with significant changes in format and security following an April incident where a gunman disrupted the original event. The enhanced security measures and reduced attendance aim to prevent further disruptions after the evacuation of President Donald Trump and Vice President JD Vance in April. Market operators now anticipate a reduced likelihood that Trump will mention Iran three or more times during his speech, with odds dropping from 58% to 32.5% over the last week. The more controlled and scaled-down environment could encourage the president to focus on bipartisan humor rather than geopolitical topics, according to market expectations.
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