Scandal stays contained

The most likely path is that David Flippo acknowledges imprecise campaign language, produces service records showing honorable military service, and remains the Republican nominee. Nevada Republican officials and the NRCC avoid a public break because replacing a nominee this late in the 2026 cycle would be difficult and politically costly.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.