Democrats take over the US House and Senate and impose a setback on Trump at the polls
Trump's party loses control of both Houses in the mid-term election, and markets are assessing impacts on regulation, taxes and Congress.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM MONEY TIMES · 2 MIN
Democrats won the majority of the US House and Senate in the midterm elections, in a setback for Trump. According to Money Times, the party won in South Carolina, Texas and Iowa. The vote, held on Tuesday (3), was seen as a rejection of the Trump government by tens of millions of voters.
The investigation numbers show the extent of the change in command. According to Revista Oeste, Democrats elected 20 senators and reached 54 of the 100 seats, after winning seven seats that were previously Republican. In the Chamber, the party won 25 Republican seats in more than ten states and added 228 deputies, above the 218 needed for a majority. 435 seats in the Chamber and 35 in the Senate were renewed.
According to Seu Dinheiro, the new majority will come into effect from 2027. The vehicle points out that the Republicans lost in strongholds dominated for more than a generation. For the same survey, the result reflects frustration with the cost of living, the war against Iran and Trump's way of governing.
The count began shortly after the polls closed, at 8pm on Tuesday (3), Brasília time. The scenario was already closely monitored by the market, which reacted with fluctuations in the stock markets on Wednesday (4), according to InfoMoney coverage based on Reuters.
Reuters reports that investors are evaluating the possibility of stricter regulation, increased taxes and greater oversight of artificial intelligence and cryptocurrencies. The same material points to the risk of a legislative impasse with Trump, as the approval of measures could be blocked between the government and a Congress under Democratic control.
The result also weighs on the economic agenda of those who defend fiscal responsibility and free markets, because the discussion about taxes and spending now depends on negotiation between powers with opposing positions.
What changes for the investor
For those who invest and operate in the stock market, Nasdaq, interest rates and the dollar, the central point is predictability. A Congress with a majority opposing the government tends to slow the approval of tax and regulatory changes, which could increase uncertainty about sectors exposed to the regulation of artificial intelligence and cryptocurrencies. The available data does not allow us to predict prices or the exact effect on assets, and the market must monitor the next steps in Washington before drawing conclusions.
Automatically translated from Portuguese.
