After working with a generally cooperative Congress over the previous two years, Federal Reserve Chair Jerome Powell now confronts escalating tensions over his policies, as Democrats warn of job losses and Republicans continue to emphasize the significance of price stability.
The Republicans gained a majority in the House of Representatives. Giving the Republicans a boost in their power to set the agenda on Capitol Hill after two years in which the Democratic Party had complete control of both chambers of Congress and the White House.
A Republican candidate won in Idaho after election authorities detected and fixed a computer error.
Initially reported as a Democratic victory for the state legislature, the election result has now been certified as a Republican triumph.
Biden says he intends to run for re-election in early 2023.
President Joe Biden stated on Wednesday that he expects to run for re-election and will likely make a definitive decision by the beginning of next year after declaring that Tuesday’s midterm elections benefit democracy.
White House officials felt vindicated that Biden’s fellow Democrats performed better than anticipated. See how Biden feels about a match with Trump or DeSantis.
Ron DeSantis was re-elected governor of Florida for a second term, bolstering his chances of challenging former President Donald Trump for the presidency in 2024.
Inflation-Focused Voters Resist Biden’s Attempt to Change the Subject Efforts by the president and his supporters to divert the debate to labor market recovery, and other accomplishments are failing to gain momentum.
Twitter users were much more interested in discussing something other than Biden’s scary speech. Twitter users also took note of another very strange event that happened as John Fetterman was introducing former president Obama.
On Wednesday, the White House removed a tweet that attributed the rise in Social Security payouts to “President Biden’s leadership.” The removal was most likely done because Twitter pointed out that the increase was due to a 40-year inflation high, although the White House Press Secretary has denied this.
In advance of next week’s midterm elections, President Biden urged Congress to penalize oil and gas companies that don’t use earnings to lower consumer energy bills.
Voters in Florida and beyond had a rare opportunity to see DeSantis under pressure during the heated debate. Despite periodic interviews with friendly conservative media, he has limited his unscripted appearances in recent months.