Biden leads Trump to presidential control and US Senate still in doubt

People see Biden giving a speech after election night in Washington, DC, on November 4, 2020

As Amos / Getty Images

Americans who went to bed Tuesday night woke up Wednesday saying not much has changed – America doesn’t know who the next president is, or which party controls the US Senate.

The Associated Press estimates give former Vice President Joe Biden a narrow lead over President Donald Trump, with several major states undeclared, including Pennsylvania. On Tuesday night, Biden expressed confidence that he would win, while Trump counted key Midwest states based on leads before the mail-in votes, “a big hoax.”

What is known is that a so-called blue wave that conceived the pollutant was not physical. The US Senate can be divided into 50–50, which gives control of the upper chamber to the party that wins the president. Bold ideas such as the cancellation of the filmbar or packing the Supreme Court require complete party unity, and the size of the fiscal stimulus package can be reduced.

The financial market struggled as to what was happening. Dow Futures YM00,
+ 0.21%
The contract, for example, numbered some 772, though the latter moved to a tight boundary. Nasdaq 100 NQ00,
+ 3.40%
The futures contract accelerated, hoping that the divided Senate would not make major regulatory moves against technology giants. Read more on the financial market’s reaction to the election.

PGIM Fixed Income chief economist Nathan Sheets said, “The market was set by either of the two candidates to win a clear victory – but the uncertainties associated with a disputed election were the highest for investors.” ”

A waitress wears a protective mask as she watches a television speech by US President Donald Trump on November 4, 2020, during an election-watching event at a local bar in Beijing, China.

Kevin Fryer / Getty Images

Sometime later, Trump said that we are going to the US Supreme Court.

“This is a hoax on the American public. It is an embarrassment for our country. We were getting ready to win this election. To be honest, we won this election. We won this election. So now our goal is to ensure integrity for the good of this nation. In addition to the president, Vice President Mike Pence used soft language. “While the counting of votes continues, we’re going to be cautious, as the president said,” Pence said.

According to the Associated Press, by 7 a.m., Biden led 238 to 213. In the Senate, it is a tie at 47 each. According to estimates, the House will remain under democratic control.

Biden may win the election if Michigan, Nevada and Wisconsin go their way. The largest electoral college award for graves is still Pennsylvania, with 20 votes.

According to preliminary estimates by exit polls conducted by Edison Research, 21% of Americans said their family’s financial situation was better than four years ago. Voters said Trump was the most important issue preferred by the economy 82% -to-17% margin. Voters said that the most important issue was racial inequality or the coronovirus epidemic, which Biden greatly liked.

Tuesday night was a clear winner – Americans voted in favor of legalizing recreational drugs in several state initiatives, including Oregon’s move to decriminalize small amounts of cocaine, heroin and methamphetamine.


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