by Reinout Debergh For all the talk about a red wave – i.e. a major win for Republicans – in the run up to the midterm elections, already on election day/week it became obvious that it was not materialising (to the disappointment of Wall Street that was betting on it) [1, 2]. In the end,...
On November 8th, US midterm elections will take place with all House seats, 35 Senate seats and 36 governor seats up for election. Forecasts are close with Republicans favored to win the House, while Democrats are favored to keep the Senate. Results will strongly impact what President Biden can achieve in the coming two years.
The US Supreme Court has limited EPA’s authority to regulate greenhouse gases, but leaves open options for the EPA to fight climate change. The ruling came as part of a series of rulings led by the new conservative supermajority. The basis of the ruling was the “major questions doctrine” which leaves other regulations potentially vulnerable.