... but not too Trumpy
Early on, the election set-up had Sarah Paulson expressing interest in playing a certain Trump. She certainly had Evan Peters' support: "Sarah can play anything, so she can definitely nail Trump," he told The Hollywood Reporter in May. "I'd love to see her portray Trump because he has so many external things that she can really [dive into]. If Sarah can play Trump, I will play Ivanka."
Unfortunately, Murphy walked the Trump talk back a few days after WWHL, explaining at a Publicists Guild Awards luncheon in Beverly Hills that the 2016 election would only be addressed loosely. "The themes of American Horror Story have always been allegories," he said. "You will not see [Donald] Trump and [Hillary] Clinton as characters on the show."
More likely, you'll see goons sporting creepy Trump and Clinton masks -- or, since the 2016 election is supposed to be a jumping-off point, you might see the rivals on TVs within your TV -- along with storylines that speak, in a broader sense, to the circus-like, cultish, and paranoid state of modern politics.