Republicans are expected to retain the US House of Representatives, giving the party complete control over the government after obtaining the majority in the Senate along with Donald Trump’s election victory.
Decision office headquarters Named The race for the House of Representatives is at 12:13 AM UTC on November 12, with the GOP expected to win the 218 seats needed for a majority after Republican Juan Ciscumani is expected to be re-elected to represent Arizona’s 6th Congressional District.
There are still eight seats left to call, According to To the headquarters of the decision office. The Republican Party is currently leading the races that are still ongoing for the only seat in Alaska, along with three regions across California, while the Democrats are leading in the rest of the counties.
The new Congress and White House will not take office until January 2025, but this is expected to be the first time Republicans have held a triumvirate — controlling the executive branch and both chambers of the legislature — since the middle of Trump’s last election. Term in 2019.
The GOP could be on track to win a total of 222 House seats if it can maintain its lead in Alaska and some California seats. Source: Headquarters of the Decision Office
Two Republican-backed cryptocurrency bills have been stuck in Congress and could now have a chance to advance next year if they are not acted upon in the lame-duck session.
A regulatory bill, the Financial Innovation and Technology for the 21st Century (FIT21) Act, stalled in the Democratic-led Senate after it passed the House in May, while a framework bill for stablecoins — the Stablecoins Payment Clarity Act — similarly stalled in the Senate. . house.
Related to: What happened to the top 10 cryptocurrencies when Trump was another president?
The upcoming Congress is widely considered to be the most pro-crypto ever, with Kobesi’s speech Pointing on a report.
“Never in history has cryptocurrencies had such an impact on an election as it did this year,” she wrote. “It’s not even close.”
opinion: The GOP’s crypto cap is almost as bad as the Democrats’ “anti-crypto army.”
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