Politics · Q&A
What a Democratic Congress Means for Tariffs and Crypto
Tariff fights, a stalled crypto bill and a White House that is not backing down: the questions investors are asking.
Kunkafa News · Published · 2 min read
By Kareem FaridDiscuss with the author on X
Key points
- Democrats won control of both chambers in the midterm elections.
- Tariffs and crypto rules are the two policy fights markets are watching.
Are tariffs going away?
Not quickly. Repeal needs veto-proof majorities, and the White House says it is doubling down rather than retreating.
What happens to crypto rules?
The CLARITY Act, which would set rules for crypto markets, stalled in the Senate in September, and the change in Congress puts its path in doubt, CoinDesk reported.
Which markets are most exposed?
Companies that rely on imports, crypto assets waiting for clear rules, and the dollar, which moves with expectations for US rates and trade.
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