ChainCatcher news, according to the Associated Press, the Republicans have won enough seats to control the U.S. House of Representatives, achieving a comprehensive victory in the elections, ensuring their control over both chambers of Congress and the White House. The Republicans earlier gained control of the Senate.

ChainCatcher news, according to Fox News, on November 13 local time, U.S. House Speaker Mike Johnson, a Republican, was nominated by the Republican Party to continue serving as Speaker of the House in a vote that day. He will face a full House vote in January next year.

ChainCatcher news, according to Jinshi reports, CNN reveals that Tesla CEO Elon Musk will attend Trump's House Republican conference.

ChainCatcher news, according to Edison Research: The Republican Party has won another seat in the U.S. House of Representatives, bringing their total to 215 seats, while the Democratic Party has 206 seats. A majority in the House requires 218 seats. (Jinshi)

ChainCatcher news, according to data from the election forecasting organization DECISION DESK HQ, predicts that the Republican Party has gained control of the House of Representatives, with the current prediction showing that the Republicans have secured 218 House seats, becoming the majority party in the House; the Democratic Party currently holds 209 seats. According to predictions from several media outlets, the Republican Party has also gained control of the Senate.

ChainCatcher news, according to CoinDesk, given that the Republican Party flipped multiple seats in Tuesday's presidential election and regained control of the Senate, the feasibility of Trump fulfilling his promise to "fire the current SEC chairman" is quite strong, as his proposal could easily pass a Senate vote, and a new chairman could potentially take office within a few months.Additionally, understanding Trump's plans, Gensler may also choose to resign before the new president takes office in January. If this happens, President Biden will appoint an interim chairman from the remaining Democratic commissioners until Trump is inaugurated, after which Trump will appoint a new interim chairman.

ChainCatcher news, according to The Block, based on the prediction of Standard Chartered analyst Geoff Kendrick, if the Republican Party successfully controls both houses of the U.S. Congress, the market capitalization of cryptocurrencies could reach $10 trillion by the end of 2026, a 300% increase from the current $2.7 trillion.Kendrick believes that a Republican-led government may bring friendly policies, such as easing regulations on stablecoins and adopting a more lenient stance at the U.S. Securities and Exchange Commission, which would be significant positives for Bitcoin reserves and more. Additionally, areas such as crypto gaming, tokenization, and decentralized IoT are expected to benefit from a more favorable policy environment.

ChainCatcher news, according to Coindesk, the Republican Party in the United States seems to continue controlling the House of Representatives, completing a three-peat after turning around the Senate and the White House in the 2024 election cycle.As of the time of publication, the Associated Press has reported on 409 seats (out of a total of 435), with the Democrats winning 199 seats and the Republicans winning 210 seats. The party that first reaches 218 seats will win the majority.According to the Associated Press, as of 6:30 PM Eastern Time on Thursday, the Republicans are leading in at least 14 of the remaining 27 races, which means that if these results hold, they will maintain a majority for at least the next two years.

ChainCatcher news, according to Coindesk, Republican Dave McCormick defeated incumbent Democrat Bob Casey in Pennsylvania to win a Senate seat. Currently, the Republicans have at least 53 seats, with two more elections to come—Arizona and Nevada—although the two Democratic candidates running for these seats are currently in the lead.It is reported that McCormick has the support of Coinbase CEO Brian Armstrong and has openly supported the cryptocurrency industry, although he has not received support from any major cryptocurrency-affiliated PACs.

ChainCatcher news, according to Cointelegraph, in the 2024 U.S. elections, Republican candidates Jeff Hurd and Scott Perry defeated their Democratic opponents in Colorado's 3rd congressional district and Pennsylvania's 10th congressional district, respectively, narrowing the gap for the Republican Party to maintain a majority in the House of Representatives.Hurd and Perry both support the FIT21 bill, which has received bipartisan support in the House and is awaiting a Senate vote. Both are listed as "strongly supportive" candidates by the "Stand With Crypto" political initiative. Although the Republican Party controls the White House and the Senate, the majority party in the House of Representatives has yet to be determined. According to "Stand With Crypto," the next Congress will be "the most pro-crypto in history."

ChainCatcher news, "Fed's mouthpiece" Nick Timiraos wrote that Federal Reserve officials are now facing a question of whether the election results will lead to meaningful changes in economic demand or inflation, thus requiring a different policy path.Timiraos stated that officials will not change their policy stance until they understand the reform proposals of President-elect Trump regarding taxes, tariffs, and immigration. However, if the Republicans also gain control of both houses of Congress, they may begin to revise some fundamental assumptions at the December meeting. (Jin Ten)

ChainCatcher news, according to Cointelegraph, the Republican Party has gained control after securing key Senate seats in Ohio and West Virginia. The Republicans have obtained a majority control of the U.S. Senate, which brings a bright outlook for cryptocurrency regulation, as the Republican-led Senate is poised to introduce clearer cryptocurrency regulations, indicating that the U.S. will shift towards industry-friendly policies.It is reported that the U.S. Senate may ultimately clarify cryptocurrency regulatory provisions, and the new Senate may review delayed business-friendly bills, such as the Digital Commodity Consumer Protection Act, which would grant the Commodity Futures Trading Commission (CFTC) exclusive jurisdiction over digital asset trading.

ChainCatcher news, according to statistics from the "Congressional Report," Trump will successfully be elected as the 47th President of the United States in the 2024 presidential election by obtaining 270 electoral votes.In addition, the Republican Party has secured a majority in the Senate, successfully controlling it; in the House of Representatives, the Republican Party currently holds 187 seats, while the Democratic Party holds 161 seats, and the Republican Party is expected to control both chambers in this election.

ChainCatcher news, in the U.S. presidential election, the Republican Party has taken control of the U.S. Senate.The Associated Press predicts that Republican control of the Senate may crush progressive hopes for a significant increase in the U.S. tax burden, taxing corporations and the wealthy, as the trillions of dollars in provisions from the 2017 tax law are set to expire at the end of next year.

ChainCatcher news, according to the Associated Press, wealthy former car dealer and far-right Republican Bernie Moreno defeated three-term Ohio Democratic Senator Sherrod Brown, giving the Republican Party enough seats to control the U.S. Senate, unless the Democrats unexpectedly win another competitive race.Moreno's victory also led to the downfall of the last Democratic statewide officeholder in Ohio, which has now become a reliable "red state."

ChainCatcher news, according to the Associated Press, the Republicans have secured 50 seats in the Senate, with a 99% chance of flipping control of the Senate.According to Reuters, the Republicans have gained control of the U.S. Senate, ensuring at least a 51-49 majority with victories in West Virginia and Ohio. This outcome will enable Trump, if he wins the presidential election, to nominate conservative judges and officials, or block Kamala Harris's agenda if she wins.In the House elections, control remains uncertain. The Republicans gained three seats in North Carolina's redistricting, while the Democrats won a newly drawn majority-Black district in Alabama. The Democrats need to flip at least six seats to gain control of the House. Meanwhile, Delaware elected its first openly transgender congressperson, Sarah McBride.In the Senate, media predicts that Democrat Angela Alsobrooks will win in Maryland, and Lisa Blunt Rochester will be elected in Delaware, marking the first time the Senate will have two Black women serving simultaneously.

ChainCatcher news, Musk stated on the X platform that the Republican Party is expected to win in Pennsylvania. The gap between 2024 and 2020 has exceeded 600,000, accounting for nearly 10% of the entire electorate.