Democrats won the United States midterm elections and claimed 237 seats in the House of Representatives, taking control of both chambers of Congress. Hakeem Jeffries, who is poised to become the first Black Speaker of the House, has vowed to make the country more affordable and deliver significant changes. Markets interpret the results as evidence of strong Democratic momentum, suggesting that Republicans may struggle to retain their seats. Jeffries’s next actions, the Republican response and shifts in voter sentiment will be closely watched ahead of the next election cycle.
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