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trump defends hegseth in office as congress changes hands

American president praises secretary amid Republican defeat in midterm elections.

BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM MONEY TIMES · 2 MIN

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trump defends hegseth in office as congress changes hands

The political scenario in Washington takes on new contours following the results of the midterm elections. According to the Money Times, Democrats won control of both Houses of Congress in this election.

The change in the Legislature reflects, according to Money Times, voters' indignation with the war against Iran. This political wear and tear brings to light historic shutdowns, such as the dismissal of Donald Rumsfeld by George Bush after the 2006 electoral setback, as the vehicle found.

Amid doubts about his political future, Pete Hegseth received public support from Donald Trump. The president said on Wednesday, according to Money Times, that the secretary is doing a great job.

What changes for the investor

The transition of control in Congress and uncertainties about the stability of the secretariat require increased attention from economic agents. Changes in the correlation of forces in Washington usually influence the fiscal agenda and the pace of approval of economic agendas, impacting volatility in global markets and risk assets.

Automatically translated from Portuguese.

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