Tag Archives: midterm

Raphael Warnock will win Georgia Senate runoff, CNN projects, in final midterm rebuke of Trump’s influence



CNN
 — 

Democratic Sen. Raphael Warnock will win Georgia’s Senate runoff, CNN projects, giving Democrats greater leverage in the Senate next year and delivering a critical blow to former President Donald Trump after a defeat of yet another one of his hand-picked candidates.

With Warnock’s defeat of Republican challenger Herschel Walker, Democrats will control 51 seats to the GOP’s 49.

The race closes out a difficult midterm cycle for Republicans – who won the House majority but saw their hopes for Capitol Hill dominance dashed by the troubled candidacies of some Trump-backed Senate nominees.

“There are no excuses in life and I’m not going to make any excuses now because we put up one heck of a fight,” Walker told supporters after calling Warnock.

The runoff was a final midterm test of the former president’s influence as he embarks on a third White House bid. It was also a sign that – in the wake of President Joe Biden narrowly carrying the state in 2020, combined with two Senate runoff wins that handed him a Democratic Senate in 2021 – Georgia is now definitively a purple state.

In his victory speech, Warnock alluded to the fact that the runoff was his fourth campaign in two years. “After a hard-fought campaign – or should I say campaigns – it is my honor to utter the four most powerful words ever spoken in a democracy: The people have spoken.”

“I often say that a vote is a kind of prayer for the world we desire for ourselves and for our children,” Warnock continued. “You have put in the hard work and here we are standing together.”

The president called Warnock after arriving back in Washington from an event in Arizona and tweeted: “Tonight Georgia voters stood up for our democracy, rejected Ultra MAGAism, and most importantly: sent a good man back to the Senate. Here’s to six more years.”

The recriminations arrived swiftly for the GOP late Tuesday night.

“The only way to explain this is candidate quality,” Georgia Lt. Gov. Geoff Duncan said on CNN, noting the delta between Gov. Brian Kemp’s November victory and where it appears that Walker will end up when all the votes are counted.

He said he hoped Warnock’s victory would serve as a wake-up call for the GOP. “If we don’t take our medicine here, it’s our fault. … Every Republican in this country ought to hold Donald Trump accountable for this.”

Many Republicans attributed the closeness of the race on Tuesday night to the fact that Kemp came to Walker’s rescue in the runoff after keeping his distance during last month’s general election. He not only campaigned for him but put the muscle of his own turnout operation into efforts to help the GOP Senate nominee.

Morale among Walker’s campaign staff hit an all-time low in its final days as it became clear to them their candidate would likely lose his race to Warnock, according to multiple people familiar with his campaign.

Several of Walker’s staff members became frustrated as the runoff election progressed over the last month, sensing their advice for the embattled candidate wasn’t being heeded as outside voices with little political experience were empowered.

In addition to dealing with a slew of scandals, Walker’s campaign tried to adjust his message to more closely align with the successful one Kemp ran on, but ultimately felt their candidate declined to take strategic advice, was reluctant to hit the campaign trail and largely declined media interviews in the final days.

“He’s so proud he doesn’t like taking advice,” one person familiar with the campaign told CNN, adding that he instead leaned on his wife Julie Blanchard for most decisions rather than empowering his team.

Democratic control of the Senate next year was already settled by hard-fought contests in states like Nevada, where Democratic Sen. Catherine Cortez Masto clung to her seat despite economic headwinds, and in Pennsylvania, where Democrat John Fetterman picked up a GOP-held seat.

The Senate has been evenly divided 50-50 with Vice President Kamala Harris casting tie-breaking votes. That has given inordinate power to moderate figures like Democratic Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona, who have often single-handedly curbed the ambitions of their party. Warnock securing a full six-year term will allow Democrats to dispense with the current power-sharing agreement with Republicans, while making it easier to advance Biden’s nominees.

Biden and his advisers have been keenly aware of what a significant difference the single extra seat can make. “It means a lot,” is how one Democrat familiar with the White House’s thinking put it very simply.

Though Warnock gained more votes than Walker in last month’s general election, he did not earn the majority needed to win outright. The ensuing runoff had attracted more than $80 million in ad spending, according to data from the ad tracking firm AdImpact, with Democrats spending about twice as much as Republicans.

Warnock held a narrow lead over Walker in a CNN poll released last week. Walker had a negative favorability rating as voters questioned his honesty after a series of scandals. He’s denied reports that he pressured or encouraged women to have abortions, despite previously advocating for bans on the procedure without exceptions on the campaign trail. CNN’s KFile has reported that he is getting a tax break intended only for a primary residence this year on his home in the Dallas, Texas, area – while running for the seat in Georgia.

The state broke single-day early voting records last week, but the early voting period was significantly condensed from 2021. The overall number of voters decreased from roughly 3.1 million last year to about 1.87 million in 2022. Democrats were optimistic, in part, because of Black voters – who strongly favored Warnock in CNN’s poll. They accounted for nearly 32% of the turnout in early voting, according to the Georgia Secretary of State’s Office.

Walker, however, was counting on robust turnout among GOP voters, who tend to vote in greater numbers on Election Day.

But Trump – who, like Biden, steered clear of the Peach State during the runoff – complicated GOP fortunes across the country this year as voters rejected many of his election-denying candidates in swing states.

Some of the earliest signs of that were in Georgia two years ago, when his efforts to raise doubts about mail-in ballots and vote counting were blamed, in part, for the GOP’s 2021 losses in twin runoffs that handed Democrats control of the Senate.

This year, the former president’s efforts to exact revenge on Kemp – who rebuffed Trump’s demands to overturn the 2020 election – were soundly rejected by voters in the primary. Kemp went on to handily defeat Democratic challenger Stacey Abrams last month, garnering about 200,000 more votes than Walker.

After watching losses in key states like Arizona and Pennsylvania, top Republicans are planning a more aggressive push to prop up candidates in primaries that they deem as more electable. The incoming chairman of the National Republican Senatorial Committee, Montana Sen. Steve Daines, told CNN: “Clearly you want to see candidates who can win general elections and we’re gonna keep working that in.”

This story has been updated with additional developments.



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Raphael Warnock will win Georgia Senate runoff, CNN projects, in final midterm rebuke of Trump’s influence



CNN
 — 

Democratic Sen. Raphael Warnock will win Georgia’s Senate runoff, CNN projects, giving Democrats greater leverage in the Senate next year and delivering a critical blow to former President Donald Trump after a defeat of yet another one of his hand-picked candidates.

With Warnock’s defeat of Republican challenger Herschel Walker, Democrats will control 51 seats to the GOP’s 49.

The race closes out a difficult midterm cycle for Republicans – who won the House majority but saw their hopes for Capitol Hill dominance dashed by the troubled candidacies of some Trump-backed Senate nominees.

“There are no excuses in life and I’m not going to make any excuses now because we put up one heck of a fight,” Walker told supporters after calling Warnock.

The runoff was a final midterm test of the former president’s influence as he embarks on a third White House bid. It was also a sign that – in the wake of President Joe Biden narrowly carrying the state in 2020, combined with two Senate runoff wins that handed him a Democratic Senate in 2021 – Georgia is now definitively a purple state.

In his victory speech, Warnock alluded to the fact that the runoff was his fourth campaign in two years. “After a hard-fought campaign – or should I say campaigns – it is my honor to utter the four most powerful words ever spoken in a democracy: The people have spoken.”

“I often say that a vote is a kind of prayer for the world we desire for ourselves and for our children,” Warnock continued. “You have put in the hard work and here we are standing together.”

The recriminations arrived swiftly for the GOP late Tuesday night.

“The only way to explain this is candidate quality,” Georgia Lt. Gov. Geoff Duncan said on CNN, noting the delta between Gov. Brian Kemp’s November victory and where it appears that Walker will end up when all the votes are counted.

He said he hoped Warnock’s victory would serve as a wake-up call for the GOP. “If we don’t take our medicine here, it’s our fault. … Every Republican in this country ought to hold Donald Trump accountable for this.”

Many Republicans attributed the closeness of the race on Tuesday night to the fact that Kemp came to Walker’s rescue in the runoff after keeping his distance during last month’s general election. He not only campaigned for him but put the muscle of his own turnout operation into efforts to help the GOP Senate nominee.

Democratic control of the Senate next year was already settled by hard-fought contests in states like Nevada, where Democratic Sen. Catherine Cortez Masto clung to her seat despite economic headwinds, and in Pennsylvania, where Democrat John Fetterman picked up a GOP-held seat.

The Senate has been evenly divided 50-50 with Vice President Kamala Harris casting tie-breaking votes. That has given inordinate power to moderate figures like Democratic Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona, who have often single-handedly curbed the ambitions of their party. Warnock securing a full six-year term will allow Democrats to dispense with the current power-sharing agreement with Republicans, while making it easier to advance Biden’s nominees.

Though Warnock gained more votes than Walker in last month’s general election, he did not earn the majority needed to win outright. The ensuing runoff had attracted more than $80 million in ad spending, according to data from the ad tracking firm AdImpact, with Democrats spending about twice as much as Republicans.

Warnock held a narrow lead over Walker in a CNN poll released last week. Walker had a negative favorability rating as voters questioned his honesty after a series of scandals. He’s denied reports that he pressured or encouraged women to have abortions, despite previously advocating for bans on the procedure without exceptions on the campaign trail. CNN’s KFile has reported that he is getting a tax break intended only for a primary residence this year on his home in the Dallas, Texas, area – while running for the seat in Georgia.

The state broke single-day early voting records last week, but the early voting period was significantly condensed from 2021. The overall number of voters decreased from roughly 3.1 million last year to about 1.87 million in 2022. Democrats were optimistic, in part, because of Black voters – who strongly favored Warnock in CNN’s poll. They accounted for nearly 32% of the turnout in early voting, according to the Georgia Secretary of State’s Office.

Walker, however, was counting on robust turnout among GOP voters, who tend to vote in greater numbers on Election Day.

But Trump – who, like Biden, steered clear of the Peach State during the runoff – complicated GOP fortunes across the country this year as voters rejected many of his election-denying candidates in swing states.

Some of the earliest signs of that were in Georgia two years ago, when his efforts to raise doubts about mail-in ballots and vote counting were blamed, in part, for the GOP’s 2021 losses in twin runoffs that handed Democrats control of the Senate.

This year, the former president’s efforts to exact revenge on Kemp – who rebuffed Trump’s demands to overturn the 2020 election – were soundly rejected by voters in the primary. Kemp went on to handily defeat Democratic challenger Stacey Abrams last month, garnering about 200,000 more votes than Walker.

After watching losses in key states like Arizona and Pennsylvania, top Republicans are planning a more aggressive push to prop up candidates in primaries that they deem as more electable. The incoming chairman of the National Republican Senatorial Committee, Montana Sen. Steve Daines, told CNN: “Clearly you want to see candidates who can win general elections and we’re gonna keep working that in.”

This story has been updated with additional developments.

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Arizona certifies midterm election results

Arizona officials certified the 2022 midterm election results on Monday, formally making Democrat Katie Hobbs the next governor and Democrat Adrian Fontes the next secretary of state. 

Democratic Sen. Mark Kelly will also get a full six-year term in the Senate, after serving in the Senate the last two years. The attorney general’s race between Democrat Kris Mayes and Republican Abraham Hamadeh heads to an automatic recount, with Mayes ahead by 510 votes. Automatic recounts are required in Arizona if the margin is equal to or less than 0.5% of the total votes cast.

Hobbs beat Kari Lake, a former local TV news anchor who also has refused to accept the results of the 2020 presidential election. Lake still refuses to concede in the governor’s race. Fontes also beat a 2020 election denier, Republican Mark Finchem.

Hobbs, as the current secretary of state, was joined by Republican Gov. Doug Ducey and Attorney General Mark Brnovich at a certification ceremony Monday morning. Hobbs said Arizona had a successful election, “but too often throughout the process, powerful voice proliferated misinformation that threatened to disenfranchise voters.”

Hobbs said “all voting equipment was thoroughly tested in the certification process” before and after the election, adding that the election was transparent, fair, and accurate. She said 2024 will again bring challenges “from the election denial community.”

— Kathryn Watson contributed to this report 

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Rural Arizona county delays certifying midterm results as election disputes persist



CNN
 — 

Officials in a rural Arizona county Monday delayed the certification of November’s midterm elections, missing the legal deadline and leading the Arizona secretary of state’s office to sue over the county’s failure to sign off on the results.

By a 2-1 vote Monday morning, the Republican majority on the Cochise County Board of Supervisors pushed back certification until Friday, citing concerns about voting machines. Because Monday was the deadline for all 15 Arizona counties to certify their results, Cochise’s action could put at risk the votes of some 47,000 county residents and could inject chaos into the election if those votes go uncounted.

In the lawsuit filed by the office of Arizona Secretary of State Katie Hobbs – a Democrat who will be the state’s next governor – officials said failing to certify the election results violates state law and could “potentially disenfranchise” the county’s voters.

CNN has reached out to the supervisors for comment.

Arizona official rebuts Kari Lake’s claim about vote counting

The standoff between officials in Cochise County and the Arizona secretary of state’s office illustrates how election misinformation is continuing to stoke controversy about the 2022 results in some corners of the country even though many of the candidates who echoed former President Donald Trump’s lies about the 2020 election were defeated in November.

A crowd of grassroots activists turned up at a special meeting of the Maricopa County Board of Supervisors to loudly protest that county’s election administration procedures during a public comment portion of the meeting after problems with printers at voting locations on Election Day led to long lines at about a third of the county’s voting locations. In a new letter to the state attorney general’s office – which had demanded an explanation of the problems – the Maricopa County Attorney’s Office said that “no voter was disenfranchised because of the difficulty the county experienced with some of its printers.”

Disputes over the results have erupted elsewhere.

In Pennsylvania, where counties also faced a Monday deadline to certify their general election balloting, local officials have faced an onslaught of petitions demanding recounts. And officials in Luzerne County, in northeastern Pennsylvania, deadlocked Monday on whether to certify the results, according to multiple media reports. Election officials there did not respond to inquiries from CNN on Monday afternoon.

In a statement to CNN, officials with the Pennsylvania Department of State said they have reached out to Luzerne officials “to inquire about the board’s decision and their intended next steps.”

On Election Day, a paper shortage in Luzerne County prompted a court-ordered extension of in-person voting.

Arizona, another key battleground state, has long been a cauldron of election conspiracies. GOP gubernatorial candidate Kari Lake and GOP secretary of state candidate Mark Finchem, both of whom pushed Trump’s lies about 2020, have refused to concede their races, as they continue to sow doubts about this year’s election results.

Kari Lake won’t commit to accepting 2022 election results

Lake’s campaign filed a lawsuit last week demanding more information from Maricopa County’s elections department about the number of voters who checked in to polling places compared to the ballots cast. And Arizona’s GOP attorney general candidate Abe Hamadeh – who, like Lake and Finchem, was backed by Trump – filed a lawsuit in the state superior court in Maricopa County last week challenging the election results based on what the suit describes as errors in the management of the election.

Hamadeh is trailing his opponent Democrat Kris Mayes by 510 votes as their race heads toward a recount. But the lawsuit asks the court to issue an injunction prohibiting the Arizona secretary of state from certifying Mayes as the winner and asks the court to declare Hamadeh as the winner. A recount cannot begin until the state’s votes are certified.

Alex Gulotta, Arizona state director of All Voting is Local, said the drama over certification of the votes and the refusal by losing candidates to back down is part of an “infrastructure of election denial” that has been building since the 2020 election in Arizona.

“Those folks are going to continue to try and find fertile ground for their efforts to undermine our elections. They are not going to give up,” Gulotta said. “We had a whole slate of election deniers, many of whom were not elected.”

But their refusal to concede “was inevitable in Arizona, at least in this cycle, given the candidates. These aren’t good losers,” he added. “They said from the beginning that they would be bad losers.”

In Cochise County, the Republican officials on the county Board of Supervisors advocated for the delay, citing concerns about voting machines.

Ann English, the Democratic chairwoman, argued that there was “no reason for us to delay.”

But Republican commissioners Tom Crosby and Peggy Judd, who have cited claims that the machines were not properly certified, voted to delay signing off on the results. Monday’s action marked the second time the Republican-controlled board has delayed certification. And it marked the latest effort by Republicans on the board to register their disapproval of vote-tallying machines. Earlier this month, they attempted to mount an expansive hand count audit of the midterm results, pitting them against Cochise’s election director and the county attorney, who warned that the gambit might break the law.

State election officials said the concerns cited by the Republican majority about the vote-tallying machines are rooted in debunked conspiracy theories.

The state’s election director Kori Lorick has confirmed in writing that the voting machines had been tested and certified – a point Hobbs reiterated in Monday’s lawsuit. She is asking the court to force the board to certify the results by Thursday.

An initial deadline of December 5 had been set for statewide certification. In the lawsuit, Hobbs’ lawyers said state law does allow for a slight delay if her office has not received a county’s results, but not past December 8 – or 30 days after the election.

“Absent this Court’s intervention, the Secretary will have no choice but to complete statewide canvass by December 8 without Cochise County’s votes included,” her lawyers added.

If votes from this Republican stronghold somehow went uncounted, it could flip two races to Democrats: the contest for state superintendent and a congressional race in which Republican Juan Ciscomani already has been projected as the winner by CNN and other outlets.

In a recent opinion piece published in The Arizona Republic, two former election officials in Maricopa County – said the courts were likely to step in and force Cochise to certify the results.

But Republican Helen Purcell, a former Maricopa County recorder, and Tammy Patrick, a Democrat and the county’s former federal compliance officer, warned that “a Republican-controlled board of supervisors could end up disenfranchising their own voters and hand Democrats even more victories in the midterms.”

This story has been updated with additional developments.

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Hawley Declares GOP ‘Dead’ after Midterm Bust

Senator Josh Hawley declared Saturday that the old Republican Party “is dead” after its significant underperformance in the midterm elections.

“The old party is dead. Time to bury it. Build something new,” the Missouri senator said.

After anticipating a “red wave,” the GOP did not deliver expected returns in many House and Senate races. As of latest results, the GOP is projected to barely capture the former and the Democrats will retain control of the latter chamber.
The balance of power in the Senate was solidified after Democratic candidate Catherine Cortez Masto announced victory against former Nevada Attorney General Adam Laxalt on Saturday.

Members of the pro-Trump House Freedom Caucus are currently attempting to disrupt House GOP leader Kevin McCarthy’s bid to become speaker of the house. They have started drafting a list of conditions, putting McCarthy in a precarious position given that he needs to receive 218 votes to assume it.

Infighting among Republican leadership has ensued since the midterm bust. Many Trump- endorsed candidates lost their races or garnered smaller winning margins than more moderate Republicans, indicating that many voters wanted a departure from the MAGA movement. Many Republicans are arguing that the outcome was a rejection of Trump’s involvement and influence in the GOP. More concrete evidence of that lies in Governor Ron DeSantis’ slam dunk re-election in Florida, where he dominated his opponent among many demographics and groups thought to be Democratic blocs, such as Hispanics.

Hawley, who is advocating for an overhaul of the party, is part of the more populist MAGA wing. A Trump loyalist, he is remembered for raising his fist in solidarity with the crowd of Trump supporters gathered outside the Capitol on January 6.  In July, Hawley doubled down on the gesture, saying that he doesn’t regret “anything” he did on that day.

“I don’t regret anything that I did that day,” Hawley told CNN at the time. “And I want to thank — say thank you for all the help with my fundraising. It’s been tremendous.”

More from National Review

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Midterm elections news: Tracking uncalled House, Senate races

Sean Patrick Maloney, the architect of the Democratic midterm campaign, had one of the best nights in America on Tuesday as he kept his team focused and in the fight for the House majority.

Sean Patrick Maloney, the five-term incumbent from New York’s Hudson Valley, suffered one of the worst political defeats in America on Tuesday, ending, for now, an ambitious career that once seemed headed for statewide office or high-ranking posts in Congress.

“I don’t like to lose, but my opponent won this race. He won it fair and square, and that means something. So I’m going to step aside, and I had a good run,” Maloney, chairman of the Democratic Congressional Campaign Committee, said Wednesday morning at the group’s new outpost in the Navy Yard neighborhood of D.C.

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Stock futures inch higher as investors watch midterm results, await inflation data

Stock futures inched higher Thursday as investors awaited new inflation data and eyed U.S. election results.

Futures connected to the Dow Jones Industrial Average rose 28 points, or 0.1%. S&P 500 futures added 0.1%, while Nasdaq 100 futures gained 0.2%.

It follows a day of losses with the Dow dropping 646.89 points, or 1.95%. The Nasdaq Composite and S&P 500 shed nearly 2.5% and about 2.1%, respectively.

The declines came amid uncertainty stemming from U.S. midterm elections. The market had hoped Republicans would take sweeping control of the House of Representatives and the Senate on Tuesday – a situation that would create gridlock in Washington, D.C. Instead, key Senate races in Arizona, Georgia and Nevada remain tightly contested. Indeed, the Senate race between Raphael Warnock, the Democratic incumbent, and Herschel Walker will head to a December runoff.

Stocks’ suffering worsened late Wednesday after crypto exchange Binance said it’s backing out of plans to acquire its rival FTX. This dragged down the tech sector and pulled bitcoin’s price to lows last seen in 2020.

Lack of clarity around the election, as well as uncertainty around incoming October consumer price index data and corporate earnings reports were the drivers around the selloff, said Chris Zaccarelli, chief investment officer at the Independent Advisor Alliance.

“Those three things are leading to uncertainty,” he said. “And, as everyone knows, markets really don’t like uncertainty.”

October’s CPI report, due Thursday at 8:30 a.m. ET, is the next focal point for investors. Economists polled by Dow Jones expect that headline CPI rose in October by 0.6% from September, or 7.9% over a year ago. It’s a key report for the Federal Reserve, which will meet again in mid-December.

Weekly jobless claims are also due out on Thursday morning.

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What the midterm results mean for Trump, 2024 presidential election

Comment

One likely contender for the Republican presidential nomination in 2024 had a triumphant night on Tuesday, and it wasn’t Donald Trump.

The former president spent the final days of the campaign lashing out and even threatening Florida Gov. Ron DeSantis, whose apparent interest in running against Trump has puzzled him, according to advisers who spoke on the condition of anonymity to reflect private conversations. The Florida governor didn’t return fire, other than to hold his own campaign event on Saturday, competing with a Trump rally in Miami and further irking the former president.

Come election night, however, it was DeSantis holding the ebullient victory party, having won reelection in a 20-point landslide, almost 15 points better than Trump’s 2020 margin in their shared home state. At the party, DeSantis’s supporters chanted “Two more years!” — encouraging the governor to seek the presidency before finishing his second term.

Trump’s own watch party, by contrast, was diminished by a tropical storm barreling toward his Mar-a-Lago resort, located by Wednesday morning in a mandatory evacuation zone. Trump spoke briefly Tuesday night to thank reporters for attending, boast about his winning record of endorsements and congratulate a few Republican candidates who’d won or were leading. But not DeSantis.

“Wouldn’t that be funny if we were better in the general election than on the [primary] nominations,” Trump mused, as if still processing the results himself. He spent Tuesday night among longtime advisers and donors who, like other Republicans, expected a better showing on Tuesday.

After leaving the stage, Trump took to his social media site Truth Social to cheer for the downfall of Republican Senate hopefuls Don Bolduc in New Hampshire and Joe O’Dea in Colorado, whose victories could have lifted the party toward a majority that remained uncertain Tuesday night.

The top 10 Republican presidential candidates for 2024, ranked

The full picture of Tuesday’s results has yet to be finalized, and Trump notched several wins with several of his favored candidates in marquee Senate races, such as Ted Budd in North Carolina and J.D. Vance in Ohio. (Vance, notably, thanked dozens of people in his victory speech, but not Trump.) Nonetheless, the results were shaping up to be a mixed bag for Republicans, not the blowout that Trump hoped to take credit for before quickly announcing his own 2024 candidacy.

“Candidate quality matters,” Erick Erickson, a longtime GOP commentator, said of what he described as a disappointing showing for Trump. “They weren’t good candidates. They had more allegiance to him than anything else. The GOP might still win both [chambers] but this is not the night they expected.”

Trump’s allies acknowledged that the early returns didn’t live up to grand expectations — but remained bullish about the GOP’s chances to win full control of Congress.

“As President Trump looks to the future, he will continue to champion his America First agenda that won overwhelmingly at the ballot box,” his spokesman Taylor Budowich said. He called Trump’s win-loss record for endorsements “a truly unprecedented accomplishment and something only possible because of President Trump’s ability to pick and elect winners.”

DeSantis’s allies trumpeted his resounding reelection Tuesday as a sign that national GOP energy is behind him. The governor romped over Democrat Charlie Crist and looked set to win Miami-Dade County, which hasn’t been claimed by a Republican since former governor Jeb Bush in 2002.

Still, it wasn’t only DeSantis among potential Trump challengers who looked emboldened on Tuesday night, rather than cowed to clear the field for Trump. Sen. Tim Scott (R-S.C.) used his victory speech to allude to his own potential ambitions, saying he wished his grandfather had “lived long enough to see perhaps another man of color elected president of the United States.”

And Virginia Gov. Glenn Youngkin appeared on Fox News, winking at his own aspirations. “Sounds like you have been thinking about it,” Fox host Brett Baier said about a White House run. Youngkin answered, “Well, I appreciate it. I am always humbled on this discussion.”

Georgia Gov. Brian Kemp, who won reelection after surviving a primary challenge encouraged by Trump and running far ahead of Trump’s handpicked Senate candidate Herschel Walker on Tuesday, took an unusual swipe at Trump in his victory speech. He brushed back at “presidents, both current and former” for criticizing his early move to lift pandemic restrictions.

Midterms are inevitably a referendum on the party in power, but Trump made this year’s about him, as well. Though not on the ballot himself, the “Trump ticket” was, as he called his slate of endorsed candidates in key states. How those candidates fare as votes are tallied is sure to fuel rifts within the Republican Party over the electoral viability of Trump’s “Make America Great Again” movement after losses in 2018 and 2020.

Their success would embolden hard-liners to press forward with remolding the party in Trump’s image, while the loss of winnable seats would add to concerns that Trump’s grip on the party is hobbling its chances with independents and swing voters who decide close elections.

“Trump candidates were a drag on the party and the messaging of all our candidates,” said Bill Palatucci, a member of the Republican National Committee from New Jersey and Trump critic who said Democrats wanted to send a message against Trump and his supporters even though he wasn’t on the ballot. “We were constantly having to distance ourselves from their support of the former president.”

Trump was by far the largest influence on this cycle’s GOP primaries, with about 82 percent of his endorsed candidates (not including incumbents) going on to win, according to a Washington Post analysis. In some cases, Trump swooped in to jump on board with candidates already on track to win, such as Pennsylvania gubernatorial nominee Doug Mastriano. But for others, such as Mehmet Oz’s Senate primary squeaker in the same state, Trump’s backing was clearly decisive. But on Tuesday night, Mastriano was projected to lose dramatically, and Oz trailed in a tight race.

Trump was angling to claim credit for Republican gains, with his team pointing to his 30 rallies, 50 in-person fundraisers, 60 tele-rallies and robocalls, and more than $16 million in super PAC ads for statewide offices in crucial states.

“Well, I think if they win, I should get all the credit,” he said in an interview posted Tuesday with the network NewsNation. “If they lose, I should not be blamed at all.”

Trump had been determined to seize the spotlight Tuesday night, throwing a big party in a gilded ballroom at his club, inviting current and former advisers to see him speak flanked by flags. He planned to interview staffers later this week and had scheduled his presidential announcement for next week, according to multiple advisers.

Expecting a Republican wave, Trump wanted to go so far as to declare his candidacy for president before Election Day, according to people familiar with the discussions. But advisers talked him out of it, arguing he could get drowned out by other news or blamed for mobilizing Democratic turnout.

While advisers succeeded in pushing back a formal announcement, Trump became increasingly explicit about his intentions, telling his supporters they’d be “so happy” “very soon” and finally, at a Monday rally, promising a “very special announcement” for next Tuesday, Nov. 15.

Part of his urgency, advisers said, came from his desire to pressure other Republicans to line up behind him and clear the field of potential rivals, especially DeSantis.

Trump has fixated on DeSantis more than other potential 2024 rivals, watching his large crowds and growing frustrated at his positive news coverage — while calling him ungrateful for Trump’s support in his 2018 campaign, allies say. He tested many nicknames and attacks before landing on “Ron DeSanctimonious” last week; advisers said the reception was mixed, and he did not use it again this weekend.

On Monday night, Trump attacked DeSantis while speaking to reporters on his plane and even threatened to release damaging information about him should he run.

“If he did run, I will tell you things about him that won’t be very flattering. I know more about him than anybody other than perhaps his wife, who is really running his campaign,” Trump told a small group of reporters, according to the Wall Street Journal.

“I think if he runs, he could hurt himself very badly,” he said.



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Stock futures inch lower as Wall Street awaits results of midterm elections

Traders work on the floor of the New York Stock Exchange (NYSE) on October 27, 2022 in New York City. Stocks continued their upward gains Thursday with the Dow rising nearly 400 points following a new GDP report that beat expectations. 

Spencer Platt | Getty Images News | Getty Images

Stock futures were lower — following recent market gains — as results of the midterm elections dragged on with control of the U.S. House of Representatives and Senate still up in the air.

S&P 500 futures fell by 0.25%, while Dow futures were down 95 points. Futures for the Nasdaq 100 traded fractionally lower.

Stocks are coming off three-straight days of gains and so possibly were due for a pause. The Dow climbed 333 points on Tuesday for its third-straight session of gaining more than 1%. The bounce for equities may be partly due to the elections, where Wall Street was expecting Republicans to gain ground and create gridlock in Washington, D.C.

But control of the houses of Congress were not clear overnight so far.

Morgan Stanley chief U.S. equity strategist Mike Wilson said on CNBC’s “Closing Bell” that if it does end up being divided government it could help ease concerns about inflation and higher interest rates going forward.

“It looks like the House will go the way of the Republicans,” Wilson said. “That means gridlock. Probably, less fiscal spending will be achieved.”

The market’s recent rally is occurring at the front end of a strong seasonal period. Historically, stocks tend to rise after midterm elections and the policy clarity it brings, and the final two months of the year are considered a bullish period for investors.

One stock that weighed on futures was Disney, which fell more than 6% in extended trading after the entertainment giant missed estimates on the top and bottom lines for its fiscal fourth quarter.

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Stock futures are little changed as Wall Street awaits results of midterm elections

Traders work on the floor of the New York Stock Exchange (NYSE) on October 27, 2022 in New York City. Stocks continued their upward gains Thursday with the Dow rising nearly 400 points following a new GDP report that beat expectations. 

Spencer Platt | Getty Images News | Getty Images

Stock futures were flat on Tuesday evening as polls began to close in the United States midterm elections.

Futures for the Nasdaq 100 were up 0.4%, while S&P 500 futures gained 0.2%. Dow futures were marginally higher.

Stocks are coming off three-straight days of gains, with the Dow climbing 333 points on Tuesday for its third-straight session adding more than 1%. The bounce for equities may be partly due to the elections, where Wall Street is expecting Republicans to gain ground and create gridlock in Washington, D.C.

Morgan Stanley chief U.S. equity strategist Mike Wilson said on “Closing Bell” that a divided government could help ease concerns about inflation and higher interest rates going forward.

“In order to get further support for this rally, we feel like rates need to come down. … Tonight’s election could be very important in that regard, because it looks like the House will go the way of the Republicans. That means gridlock. Probably, less fiscal spending will be achieved,” Wilson said. He added that it was unclear whether the markets had already priced in a big night for Republicans.

The market’s recent rally is occurring at the front end of a strong seasonal period. Historically, stocks tend to rise after midterm elections and the policy clarity it brings, and the final two months of the year are considered a bullish period for investors.

One stock that weighed on futures was Disney, which fell more than 6% in extended trading after the entertainment giant missed estimates on the top and bottom lines for its fiscal fourth quarter.

Read original article here

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