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: 30.06.2026 Expectation: 7500 pips
Buying Tesla shares following correction toward $350
Today at 11:25 AM 16
Period: 04.12.2025 Expectation: 29000 pips
Invest in ETHUSD before making resistance check
Today at 10:56 AM 32
Period: 05.12.2025 Expectation: 300 pips
Natural gas sees technical correction on its way after 70% hike
Today at 09:40 AM 21
Period: 31.03.2026 Expectation: 4500 pips
Buying NVIDIA shares from $150.00
Today at 09:14 AM 19
Period: 04.12.2025 Expectation: 190 pips
Selling USDJPY on high hopes for imminent BoJ rate hike
Today at 08:56 AM 13
Period: 28.11.2025 Expectation: 30 pips
Short-term investment in Brent crude
Yesterday at 10:59 AM 55
Go to forecasts