All You Need to Know About US Midteam

How it will impact the stock markets? Nearly 250 million people in the United States are eligible to vote in critical midterm elections on November 8

• The sentiment

i. The election results will set the tone for the rest of US President Joe Biden’s first presidential term.

ii. His Democratic Party has held slim majorities in the House of Representatives and the US Senate.

iii. If the opposition Republicans win majorities in either chamber, they have said they will block Biden’s agenda.

iv. Key issues – Economy (see below), Abortion, Immigration, Democracy, Climate, Gun control, Education & Public safety

• The House of Representatives

i. Voters across 50 states will be electing legislation for the House of Representatives. Each seat is up for election every two years。

• The US Senate

i. There are 35 Senate seats up for grabs this year, roughly one-third of the 100-seat body. The Republicans currently hold 50 seats, the Democrats 48 seats, with another two independents who caucus with the Democrats. Vice President Kamala Harris, the leader of the Senate and a Democrat, casts the deciding vote in any 50-50 tie.

• Governor’s races

i. The most critical non-federal elections this year will choose governors who run the executive branches of each state government.In most voter’s minds, the economy.

The inflation is already affecting their daily livelihood and they will usually blame the current government.

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