The Republicans were celebrating their winning moment in the recent midterm elections held in the United States. Unfortunately, Republicans lost their power in the Senate. They have regained control of the House of Representatives, however, with 218 seats. Democrats failed to reach the magic number they needed to win. Republicans nominated Kevin McCarthy for House leadership.
The current president of the United States congratulated Kevin McCarthy for being elected as House leader. “I congratulate leader McCarthy on his House majority, and am ready to work together for American families.”
The House of Representatives plays a crucial role in passing federal laws in the United States. It is one of congress’s two chambers, and the remaining one is the US Senate, which was recently won by the Democrats. The House is also a part of the federal government’s legislative branch.
The three major responsibilities of the House of Representatives are to make laws, to serve as a representative assembly, and oversee the administration of public policy. Legislative duties are shared with the Senate and the president of the United States.
Joe Biden stated that his main goal is to improve the lives of Americans and to focus on issues that are important to them . In June 2022, he initiated a policy for global infrastructure and investment. From then on, the administration started a lot of projects that were driven by local needs across the G20.
“In this election, voters spoke clearly about their concerns: the need to lower costs, protect the right to choose, and preserve our democracy. And as I said last week, the future is too promising to be trapped in political warfare,” he further added.
Democrats will keep control of the Senate. The recent midterm elections that were held in the US totally changed the political dynamics in the country. Democrats once again created history by winning over Republicans. The Democratic Party retained its majority in the Senate, which it had first won in 2021. It won two seats in Arizona and Nevada. Senate Democrats can reject bills passed by the House and set their own agenda.
Joe Biden, the president of the United States, shared his happiness on Twitter by tweeting that “Tuesday was a good day for America and a good day for democracy and a strong night for Democrats.” He further mentioned the seat in Georgia, saying “the bigger the number, the better the win.”
Robert Kiyosaki, the best selling author of Rich Dad, Poor Dad and a bitcoin investor, commented on the recent midterm elections. He stated, “Don’t let communists steal freedom.”
He further reacted to Joe Biden’s ruling pattern for the administration. He said bitcoin is not the main problem here; neither gold nor silver can cause inflation. But the problems with the current Joe Biden, bankrupt crypto exchanges, Marxist followers, and the US Federal Reserves are the main problems in the crypto industry.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while his post-graduation. He is a keen observer of details and shares his passion for writing along with being a developer. His backend knowledge about blockchain helps him give a unique perspective to his writing
Source: https://www.thecoinrepublic.com/2022/11/17/republicans-celebrating-winning-moment-in-house-of-representatives/