Chad Pergram Posts "Fox Is Told Some Republicans Have Suggested There Could Be An Attendance Problem If They Force Additional Votes For Speaker This Weekend."
Portfolio Pulse from Benzinga Newsdesk
Fox News reports that some Republicans have suggested there could be an attendance problem if they force additional votes for Speaker this weekend. Some members have hinted they could leave for the weekend as a protest. There are concerns about accidentally electing House Minority Leader Hakeem Jeffries (D-NY) as Speaker if there are the right number of absences and the GOP fails to provide a certain number of votes to block him.
October 20, 2023 | 5:38 pm
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NEUTRAL IMPACT
The political uncertainty could potentially impact the overall market sentiment, which is reflected in ETFs like SPY.
Political uncertainty often leads to market volatility. As SPY is a broad market ETF, it could be affected by changes in market sentiment caused by this uncertainty. However, the direct impact is hard to predict without more specific information.
CONFIDENCE 70
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