Free Trial
ITALY AUCTION RESULTS

Exchange auction

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MIDTERMS: Republicans Have Edge In Final House Races

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)

176 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

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)