Probe Narrows Procedurally

The most likely path is that Brendan Carr's FCC keeps the investigation open but limits it to document requests, editorial-process questions, and whether ABC's correction was adequate. The October 6 judicial skepticism makes an aggressive licensing move legally risky, while the October 8 removal and October 9 republication give the FCC a factual basis to continue asking questions.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.