Trump Runs Again – Midterms And The Presidential Election
With midterm elections nearly at the close, a familiar and controversial face has just announced their official confirmation to run for the 2024 presidential election alongside the Republican party. Donald Trump has made headlines again after announcing his third consecutive presidential bid to face current POTUS Biden in two years. However, 76-year-old Trump will have competition from another favored GOP candidate, Ron DeSantis. DeSantis, who has just recently claimed his reelection as governor of Florida, is the assumed candidate that will give Trump a run for his money. Regardless, Trump, DeSantis, or any other candidate that cares to run for Republicans will have a lot of work ahead, as a failed attempt to claim the majority of the Senate has led the party quite polarized.
In present news, although the Senate has been officially confirmed to be won by the Democratic party, the House of Representatives is still up for grabs, but seemingly favored to be won by Republicans. As of Tuesday night, the current tally to gain the majority of the House is 217 to 209, Republicans to Democrats. Republicans only need one more seat to reach the 218 needed majority, with exactly nine remaining seats left uncalled. If the GOP does take the House, both investors and Americans as a whole should take into account how this will affect any legislation brought forth into Congress, and the implications this will have on Biden’s second half of his presidential term.
Want to learn how to invest? Download the Invstr app, where you can play Fantasy Finance and manage a virtual investment portfolio, or open a brokerage account and invest for real. Take our interactive investing course on Invstr Academy and become a better investor today!
I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.