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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
US
The GOP has achieved the requisite 218 seats for control of the House. Democrats hold 212 seats.
- Four of the final five races to be called are leaning Republican - the Alaska-at-Large seat likely staying in the hands of Democrat incumbent Rep Mary Pelota (D-AL) after fending off former Alaska Governor Sarah Palin.
- A recount in Colorado will likely confirm that Trump ally Lauren Boebert (R-CO) has avoided a shock loss.
- The final equation likely to hand GOP 221-222 seats (a majority of 8-9 seats). The razor thin margin will make the GOP majority vulnerable to retirements, changing personal circumstances, and health of lawmakers.
- House Minority Leader Kevin McCarthy (R-CA) requires a majority vote (218) from all House reps to assume the Speaker's gavel in January.
- Rep Andy Biggs (R-AZ) who challenged McCarthy for the Speaker nomination said today: "I cannot vote for Kevin McCarthy as House Speaker. I do not believe he will ever get to 218 votes, and I refuse to assist him in his effort to get those votes."
Chart 1: Uncalled House Races (ABC News, 538)
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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