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Free AccessMNI BRIEF: U.S. House Impeaches Trump, Setting Up Senate Trial
The U.S. House of Representatives on Wednesday impeached President Donald Trump for "incitement of insurrection," setting up a Senate trial that Republican Leader Mitch McConnell has indicated will be done after Trump leaves office.
The impeachment vote of 232 to 197, with 10 Republicans joining, was the quickest in American history and leaves Trump as the first president to be impeached twice. Trump is due to leave office and President-elect Joe Biden to be sworn in on Jan. 20, potentially leaving Biden's early agenda of major fiscal stimulus held up by the trial.
A two-thirds majority of the Senate is required to convict Trump, meaning at least 17 Republicans in the 100-member upper chamber would have to vote for conviction. While McConnell has not ruled out the possibility he will support impeachment, he's said no trial will begin until the chamber returns from its recess on Jan. 19.
Trump was criticized for calling on protesters to march on the Capitol building one week ago, where they broke in forcing lawmakers to delay ratifying Electoral College votes certifying Biden won the election. Trump's earlier impeachment that passed the House with no Republican votes was over allegations he pressured Ukraine to interfere in a U.S. election.
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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.