Possible scenario
Congress Blocks Move
25% Chance
Congressional pushback intensifies because the appointment is viewed as retaliation after GAO found the administration's $810 million funding cut unlawful. Senate appropriators and oversight chairs use confirmation timing, riders, and document demands to slow or block the White House plan.
Initial impacts
- Market volatility Up
- Riskier companies' borrowing costs Up
Secondary impacts
- Business Services -0.2%
- Industrials -0.1%
Tickers
- -0.4%
Portfolio impact
S&P 500-0.2%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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