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What's at stake for Trump on Election Day
CNBC • • nation
Key Points:
- The 2022 midterm elections will determine congressional control during the remainder of Donald Trump's presidency, impacting his ability to pass legislation and govern effectively.
- Polls favor Democrats to flip the House, while the Senate race remains highly competitive, with final outcomes possibly delayed, especially in Alaska.
- If Democrats win one or both chambers, legislative gridlock is expected to intensify, making bipartisan cooperation essential for must-pass bills like government funding and the debt ceiling.
- A Republican Senate majority would check both Democratic initiatives and Trump's populist policies, potentially leading to a relief rally in markets sensitive to a Democratic win.
- Regardless of the outcome, increased use of executive orders by Trump is anticipated due to congressional gridlock, while Democrats would likely pursue investigations if given committee subpoena power.
