The Democratic Party won a major victory in the midterm elections and regained control of both houses of Congress. It is expected to win 258 seats in the House of Representatives, its biggest gain in 33 years. Trump acknowledged that the war with Iran and rising oil prices influenced the election, and warned the Democratic Party that impeaching him would destroy his own party. It is uncertain whether Schumer will be able to take over as Senate majority leader after the Democratic Party’s unexpected victory. Several new senators expressed their disapproval of his re-election. The prediction market is optimistic that Schatz, Murphy, Van Hollen and Booker will qualify…
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