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Trump Wins Republican Trifecta as GOP Retains House Majority [Yahoo! Finance Canada]
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Most Read from Bloomberg The Republican sweep, called by CNN and NBC News on Wednesday, sharply diminishes any hope for Democrats to curtail Trump's sway over next year's big fights over trillions of dollars in expiring tax provisions. Trump wants to extend cuts approved during his first term and add new ones he promised on the campaign trail. Trump's grip over the so-called Washington trifecta, having earlier won the majority of the Senate, also strengthens the party's hand to enact immigration controls and reduce regulations on Wall Street and the energy industry. The president-elect traveled to Washington on Wednesday and met with House Republicans, where he endorsed Speaker Mike Johnson to retain his leadership post. “Isn't it nice to win?” Trump said at the lawmakers' gathering at the Hyatt Regency in Washington. “It's always nice to win.” The GOP will hold at least 218 seats in the in the 435-member chamber starting in January. With Trump in the White House, lowering
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