Schumer Survives Delay

Senate Democrats move the leadership election to next week, giving Chuck Schumer time to consolidate support after Chris Van Hollen’s challenge. The most likely outcome is that members prefer continuity after retaking the majority, while extracting procedural and committee-process concessions from Schumer.

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