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Viewsroom

Viewsroom: Democrats will rattle Wall Street cage

Viewsroom

Reuters

News

4.4 • 58 Ratings

šŸ—“ļø 8 November 2018

ā±ļø 17 minutes

šŸ§¾ļø Download transcript

Summary

The U.S. House of Representatives will soonĀ be controlled by lawmakers opposingĀ President Trump. ThatĀ gives them more scope to push their agendaĀ on trade, infrastructure andĀ aĀ perennial bogeyman, the banks. But as Republicans still run the Senate, policy changes will be minimal. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Where do you find a clear signal in a world of static?

0:03.2

In a time of rapid change cut through the noise,

0:06.2

the economist goes beyond the headlines to decode the forces shaping today and defining tomorrow.

0:12.7

Get the full story.

0:14.1

It's more than news.

0:15.4

It's a trusted global perspective.

0:17.7

The economist know which way is up.

0:20.6

The views expressed on this podcast are those of the participants, not of Rogers News.

0:30.5

How will a newly divided America impact Wall Street and the economy?

0:34.7

We're digging into the results of Tuesday's midterm elections and their

0:37.7

implications on this week's edition of the Views Room, a weekly conversation among breaking

0:41.8

views columnists about the ups and downs of the world of finance. I'm Jennifer Sabah, and I'm here

0:46.6

with Anthony Curry. Welcome, Anthony. Hi, Jen. All right, so the Democratic Party won control of the

0:51.8

House of Representatives and picked up eight state

0:54.2

governorships while Republicans tighten their grip on the Senate.

0:57.8

Now Democrats have the chance to play offense and set some of the agenda in Washington

1:01.8

after spending the past eight years as the opposition party in Congress.

1:06.3

On the phone from DC is our political correspondent Gina Chon.

1:09.8

Hi Gina. Hey guys. Okay, so Gina, why don't you just

1:14.1

kind of briefly explain this election process, how it works? The House is every two years,

1:20.9

and then pick it up from there. Yeah, so every seat in the 435 member house was up for a vote on Tuesday. So as you say, we did see

1:34.4

the Democrats take the majority and they could expand it even further. There's about a dozen

...

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