16 November 2022 | Other

Republicans are one step away from winning the House of Representatives in the U.S. midterm elections

Republicans failed to win a majority of seats in the U.S. House of Representatives. They were just one seat short of winning the House of Representatives. After President Joe Biden's Democrats continue control of the Senate, there will be a two-year split in government because of the midterm victory.

The final result is not known yet. Thousands of votes are still being counted in several states, including California. Edison Research forecasts show that Democrats won 209 seats and Republicans won 217. For a majority, it would require 218 seats.

On November 8, Republicans were predicting a "red wave" of growth. Their expectations heavily fall behind a victory with a small advantage.

A split in Congress would have the effect of limiting Biden's power in Washington and making it difficult to advance his initiatives.

Company MarketCheese
Period: 13.06.2026 Expectation: 1000 pips
Go long on USDCAD with 1.38800 target in play
Today at 10:48 AM 14
Period: 20.05.2026 Expectation: 100 pips
Natural gas prices are correcting within upward channel ahead of another rally
Today at 09:39 AM 11
Period: 20.05.2026 Expectation: 1000 pips
Investing in NVIDIA stock with $230 in sight
Today at 09:06 AM 10
Period: 20.01.2028 Expectation: 500 pips
Hot US inflation and geopolitical jitters weigh heavily on EURUSD
Today at 06:26 AM 16
Period: 12.06.2026 Expectation: 4700 pips
Invest in Bitcoin up to $86,000
Yesterday at 10:09 AM 32
Period: 31.05.2026 Expectation: 1900 pips
Buying GBPUSD on low US inflation
Yesterday at 09:54 AM 35
Go to forecasts