Morgan Stanley on US midterms: Why Trump’s policy agenda may survive a Congress shake-up
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- ✓The Morgan Stanley Institute said the November elections are unlikely to bring a major shift in the administration’s core policy agenda.
- ✓Ariana Salvatore said, "the midterms are unlikely to change the core executive-led policy agenda." Even if Congress changes, many policies on trade and deregulation will likely stay the same.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Financial Express
- Reading Speed
- 7 Minute(s)
- Market Focus
- India Economy
According to the Morgan Stanley Institute, the November elections are unlikely to bring a major shift in the administration’s core policy agenda. Even if Democrats gain control of the House of Representatives or both chambers of Congress, a divided government could make it harder to pass major legislation.
Instead, the effects of the elections may be felt through greater congressional oversight, continued policymaking by federal agencies and a growing role for state and local governments in deciding where and how AI infrastructure can expand.
Affordability is expected to remain a key issue for voters, but the election outcome may not translate into significant changes in the policies shaping markets and businesses. Ariana Salvatore, head of US public policy research at Morgan Stanley, stated that the midterms are unlikely to change the core executive-led policy agenda.
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