Possible scenario
Jeffries Is Bypassed
−0.5%
A broader anti-Jeffries bloc forms and concludes that the caucus needs a different nominee to avoid a prolonged floor stalemate. This is unlikely because Jeffries has institutional support, but the earlier leadership challenge makes it a plausible tail outcome.
What it moves
- Industrials−0.3%
- Finance−0.2%
- Market volatility
- Riskier companies' borrowing costs
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