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Election 2024: Will Republicans win the Senate majority?

With Election Day nearing all eyes have been focused on whether or not the next president will be Vice President Kamala Harris or former President Donald Trump. But what does Election Day mean for Congress?

On the latest episode of Capitol Gains, Yahoo Finance's Rachelle Akuffo, Washington Correspondent Ben Werschkul, and Senior Columnist Rick Newman are joined by Kyle Kondik, Sabato’s Crystal Ball Managing Editor at the University of Virginia Center for Politics to discuss the future of the House and Senate following the 2024 election.

Kondik believes the most likely outcome will be that the Republican Party wins the Senate and the House will follow suit of whichever candidate wins the presidency. Aside from the presidency, and while all branches of government are important, both parties are really vying for victory in the Senate.

“Of the two chambers you’d rather have the Senate, particularly for the presidential party,” Kondik says. “You’re trying to get justices confirmed, you’re trying to get cabinet officials confirmed. You can imagine there being some real gridlock there if it’s a Republican Senate and Harris is president.”

To find out more, listen to the full episode of Capitol Gains here.

For more expert insight and the latest market action, click here to watch more Capitol Gains.

This post was written by Lauren Pokedoff.

Video Transcript

Well, I'd love to get your quick take on the, on the, the con Congress, the Senate and the House.

You know, is there any chance for Democrats to kind of come back in the Senate the way you're rating to have them, have them down, especially Montana and the long cut states as well as the House.

What's your sense there?

Uh I do think that, that, you know, of all three categories of races, you know, how Senate President, the likeliest outcome of all of the possibilities is Republicans went in the Senate.

Uh That said, you know, the Democrats are trying to see if they can, they could sneak an upset in Texas or Florida or something like that to try to make up for Montana, which, which seems kind of uphill for Democrats at this point.

Um So I, I again, I do think the Republicans are still favored in the Senate.

I think the House probably would break the way of the presidential race.

Uh, although there is, you know, the house is close enough that you could see sort of, you know, maybe, you know, Democrats win the house, but Trump narrowly wins the presidency.

Um You know, of course, of the two chambers, you'd rather have the Senate, particularly for the presidential party because you're trying to get justices confirmed, you're trying to get cabinet officials confirmed.

And you know, you can imagine there being some real gridlock there.

It's a Republican Senate and Harris as President.