Capitol Gains

After a long and historic election cycle, former President Donald Trump has been reelected and will become the 47th president of the United States. What will this mean for the nation and your bottom line? We get into it. In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and senior columnist Rick Newman break down what happened on Election Day between both the Harris and Trump campaigns, review economic exit polling, and take a look forward at what’s next for the United States and the economy as the nation begins its transition into the new administration. The team is also joined by Oxford Economics US chief economist Ryan Sweet, who stops by the podcast to discuss the latest economic forecasting, in addition to the potential impact of Trump's tariffs on the economy. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Yahoo Finance’s Rachelle Akuffo, Ben Werschkul and Rick Newman join the rest of the Yahoo Finance team in a post-Election Day special, analyzing everything you need to know from the polls that will impact your bottom line. In the full hour-long special, Yahoo Finance breaks down how Wall Street is digesting the results the morning after the 2024 election. Tune in as we bring the power of the Morning Brief, Capitol Gains, Opening Bid, and Yahoo News together to guide you through what you need to know about the market day ahead. You can watch this special episode here. Key guests include: —Steve Sosnick, Interactive Brokers Chief Strategist —Doug Holtz-Eakin, American Action Forum President, Former Director of the Congressional Budget Office —Keith Lerner Truist Co-CIO & Chief Market Strategist —Bill Blain Wind Shift Capital Founder —Marija Veitmane State Street Global Markets Head of Equity Research —Andrew Romano, Yahoo! News Political Reporter —Meltem Demirors, Crucible Capital General Partner To watch more expert insights and analysis on the latest market action, check out more Morning Brief, Opening Bid, and Capitol Gains Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Welcome to Yahoo Finance's election special 24:00-Opening Bid 36:00-Exit polls breakdown 45:00-Bitcoin high 52:00-Capitol Gains Learn more about your ad choices. Visit megaphone.fm/adchoices

As the United States enters the eleventh hour leading up to Election Day, eyes remain on the future of the U.S. economy, especially with Vice President Kamala Harris and former President Donald Trump having very different approaches on economic policy. In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and senior columnist Rick Newman discuss the $34 trillion national debt, as well as the latest from Trump’s billionaire allies like Elon Musk and John Paulson who want to come in and help cut the federal budget should Trump be elected into office. Ultimately, Musk and Paulson cannot make these calls themselves. Congress decides where to designate funds or make cuts to the federal budget. They will be the ones deciding where to make budgetary concessions as well as the amount. And then that can get complicated due to congressional relationships with various government agencies. “Every member of Congress has some stake, some turf in some portion of the federal government,” Newman says. They’re not going to give up their turf because turf is power.” Later, they are joined by Democratic Senator of Arizona, Mark Kelly, to discuss the state of the race in the battleground state of Arizona, as well as his reaction to Trump’s comments on the CHIPS act. Watch more episodes of Capitol Gains here. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices

We are in the home stretch of the 2024 election cycle and the race between Vice President Kamala Harris and former President Donald Trump could not be more tight. Though the polls remain close, the margin between the two is much wider in the world of betting markets. What does this mean for the campaigns? We get into it. In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and senior columnist Rick Newman are joined by Jim Bianco, president and macrostrategist of Bianco Research, to discuss the betting markets and whether or not they are a good indicator of who could be elected to be the next President of the United States. While the betting markets are favoring a Trump victory, Bianco argues it’s a trend that is following the former president's poll trajectory. “The whole point of the betting markets is they're supposed to anticipate what's coming next,” Bianco says. “Doesn't mean they're right. It's just that there's a logical reason for why it's trading there.” Ultimately the only true deciding factor will come down to voter turnout on Election Day. Watch more episodes of Capitol Gains here. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices

The 2024 White House race is a toss-up between Vice President Kamala Harris and former President Donald Trump. As the campaigns continue to push on in these final weeks, we have our eyes on both candidates to see if they can make any more headway with undecided voters. Will Harris’s Fox News interview move the needle? Can Trump’s billionaire backers and tax promises push him to the finish line? We get into it. In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and senior columnist Rick Newman break down how the candidates are spending their time in these final days of the election cycle and hone in on Elon Musk and his support for the Trump campaign. “Musk has a lot riding on the election,” Werschkul says. In recent days the tech mogul turned social media CEO put 75 million dollars into his super-PAC supporting the Trump campaign. “He wants influence here and he’s putting a big bet on his ability to get it.” Later in the episode, Akuffo, Werschkul, and Newman are joined by Rachel Snyderman, Managing Director of Economic Policy from the Bipartisan Policy Center, to discuss expiring tariffs, expiring tax cuts, and a potential “fiscal armageddon.” Watch more episodes of Capitol Gains here. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices

With officially less than a month until Election Day, Vice President Kamala Harris and former President Donald Trump begin their final campaign sprints in the race to the White House. Between the release of the new pillar to her ‘care economy’ as well as her big media blitz to increase voter outreach, it was a busy week for Harris. Will these latest strategies work in favor or against her campaign? In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and Senior Columnist Rick Newman sound off on Harris’s new policy updates, talk about what’s new with undecided voters, and discuss the latest with the economy and how it’s working in President Joe Biden’s favor. Later in the episode, Akuffo, Werschkul, and Newman are joined by Michael Medved, host of The Michael Medved Show, to talk about Trump’s tariffs plan and how it could impact the national debt. While projections indicate that the national debt would rise under another Trump administration, Werschkul asks Medved why economic policymakers in Washington D.C. are not publicly speaking more on the issue. Medved keeps his answer simple. “Nobody believe’s [Trump would] get it through congress.” Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices

We are just north of a month away from Election Day and the country is watching to see if there are any October surprises that could potentially affect Vice President Harris's or former President Donald Trump’s campaigns. In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and senior columnist Rick Newman break down the current events that are making headlines and could potentially impact the economy and move the needle ahead of Election Day. Editor’s note: This week's episode of Capitol Gains was recorded prior to the East Coast ports suspending their strike. “There are three October surprises happening simultaneously”, according to Werschkul. We are only a few days into October and the candidates and nation are facing the growing conflict in the Middle East, aftermath of Hurricane Helene, and East Coast port strikes. While Werschkul believes the handling of the hurricane has pulled a lot of presidential focus, Newman believes the tensions in the Middle East could affect the election if something happens to oil and gasoline prices. Later in the episode, Akuffo, Werschkul, and Newman are joined by Kyle Kondik, Sabato’s Crystal Ball Managing Editor at the University of Virginia Center for Politics to discuss battleground states as well as deciding factors that could sway voters. Watch more episodes of Capitol Gains here. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices

With less than 40 days until Election Day, potential October Surprises looming on the horizon, and Vice President Kamala Harris and former President Donald Trump essentially tied in the polls, the candidates are doing everything in their power to try to move the needle in their favor. Will their policies on manufacturing be the thing to make it happen? In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Wershkul, and senior columnist Rick Newman break down Vice President Harris’s latest pillar to her “opportunity economy” plan that focuses on manufacturing. How does it compare to former President Trump’s policy? Wershkul says while both candidates have the same end goal, they go about them in "pretty different means." For Harris, her plan according to Wershkul is, "a lot of government involvement in specific sectors that she calls 'sectors for the future'." These could include areas such as biomanufacturing, aerospace, and quantum computing. Though the Harris campaign has yet to outline the extent of their involvement, Werkshul says, "if you work in those sectors or invest in those sectors, a President Harris would have a keen interest." For Trump, he continues to reiterate his manufacturing policy, which, according to Werkshul, is, "essentially a wall around the country in the form of tariffs." This episode is also joined by former governor of Vermont, Howard Dean to discuss the election, economic populism, as well as the state of healthcare in the United States. Watch more episodes of Capitol Gains here. This post was written by Lauren Pokedoff Learn more about your ad choices. Visit megaphone.fm/adchoices

This week marked a major milestone for the US economy. On Wednesday, the Federal Reserve cut interest rates by fifty basis points for the first time since 2020. Though this moment is charting a new path forward for the future in the fight against inflation, people on both sides of the aisle have their own opinions on what this means for the economy moving forward. What does this all mean and how does the presidential election come into play? We dive into it. In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Wershkul, and senior columnist Rick Newman chat all things Fed. They are later joined by retired four-star Army Gen. Wesley Clark, to discuss foreign policy and its influence on the upcoming election and the economy. “I think the biggest impact is going to be what happens in the Middle East,” General Clark explains. “I think it could really change the election…” Later, Yahoo News reporter Andrew Romano drops by to give us the latest post-debate polling updates for the presidential election. Watch more episodes of Capitol Gains here. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices

America’s eagerly awaited presidential debate between Vice President Kamala Harris and former President Donald Trump was one for the history books. From fierce arguments, to real-time fact-checking, to heated policy discussions, and even a Taylor Swift endorsement, it was a big night for presidential politics. But what does it all mean for the election and for voters? In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Wershkul, and senior columnist Rick Newman chat with Lee Carter, President and Partner of maslansky + partners to discuss the candidates’ debate performances and whether or not either of them actually swayed voters. Carter hosted a live focus group of undecided voters during Tuesday night’s debate and says that though most people surveyed believed Harris won, not one person changed their stance on voting. “Ultimately, this election is going to come down to how people feel,” Carter explains. “It is going to impact them personally in their day-to-day lives and whichever candidate now can convince them that their financial lives, their freedoms - all of that - is going to be better off under that candidate, that’s who they are going to vote for.” With a little more than 50 days until Election Day, where do the candidates go from here and what are they going to have to do to earn Americans votes to win the White House? Tune in to learn more. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s been a busy week for economic policy as the race for the White House continues between Vice President Kamala Harris and former President Donald Trump. On the latest episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and senior columnist Rick Newman talk Harris’s new economic plan for small businesses as well as some new projections from Goldman Sachs about the future of the US economy. “Goldman Sachs finds that if Trump gets elected and he enacts his whole plan…the economy would actually shrink in 2025 rather than grow,” Newman says. He further states that Goldman Sachs isn’t the only organization saying this. It’s “practically all of them.” They are later joined by Jeffrey Hirsch, Hirsch Holdings CEO and editor in chief of Stock Trader’s Almanac to discuss all things stocks, the upcoming election, and how ‘Octoberphobia,’ could impact the market. Hirsch explains it doesn’t matter which party is better for the economy.,“What matters is Congress.” Additionally, we look ahead to the upcoming presidential debate and anticipate what voters can expect to see from Harris and Trump in the coming weeks. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Will a change in office help or hurt the cooling inflation trend we’re seeing? In this episode of Capitol Gains, host Rachelle Akuffo is joined by Washington correspondent Ben Werschkul and columnist Rick Newman as they discuss debt and inflation following the release of Vice President Harris's economic plan for housing and tax credits. “Both sides are proposing ideas that would be inflationary, not deflationary,” Werschkul points out. Harris is pushing a tax credit for home buyers that “could push prices.” Meanwhile, Trump’s tariff strategy could also lead to rising costs. Trump’s "approach—60% tariffs on China and 20% on everyone else—could lead to between $2,600 and a for a, a family, or $3,900, depending on different estimates,” adds Weschkul. “The professional economists who are looking at what they say they want to do,” remarks Newman. “Are saying no, it's going to do the opposite… their policies are actually going to make inflation worse.” Jaret Seiberg, Washington Research Group's managing director of TD Cowan, joins the conversation to explain what it all means in the long term. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Beyonce and Taylor Swift's lack of appearances aside, the Democratic Nation Convention was a success. Vice President Harris officially accepted the democratic nomination for President at a lively DNC, with a 37-minute speech focusing on charting a 'new way forward'. That said, Harris's acceptance speech emphasized foreign policy over economics, so we're filling in the gaps! Yahoo Finance’s Rachelle Akuffo, Ben Werschkul, and Rick Newman are joined by Raymond James Managing Director Ed Mills to look at how the markets are reflect what we do know about Harris's economic policy plans. Can she take down Trump? Can she keep up the momentum after President Biden passed her the baton? Will the markets rally behind her? With 75 days left, we will have to see. Yahoo Finance’s Capitol Gains premiers at a pivotal time for investors. A presidential election looms on the horizon, and the stability of the economy remains one of the biggest issues for most Americans; especially the shape of the platforms for both the incumbent and challenger.  Our bottom line? Markets looking for more Learn more about your ad choices. Visit megaphone.fm/adchoices

The economy is in a point of uncertainty: inflation persists as we await Federal Reserve rate cuts. But this week, presidential candidates have made these issues key talking points of their economic policies (and lack thereof). Yahoo Finance’s Rachelle Akuffo, Ben Werschkul, and Seana Smith get into that on this week's Capitol Gains. Plus BTIG Director of Policy Research Isaac Boltansky joins to look at voter perspectives, while Andrew Romano brings you all things polls. Together they discuss the economic proposals of Vice President Kamala Harris and former President Donald Trump, analyzing how their differing approaches might shape the economy as both contend for the presidency. Yahoo Finance’s Capitol Gains premiers at a pivotal time for investors. A presidential election looms on the horizon, and the stability of the economy remains one of the biggest issues for most Americans; especially the shape of the platforms for both the incumbent and challenger.  Our bottom line? Economy, economy, economy. Learn more about your ad choices. Visit megaphone.fm/adchoices

On this week's Capitol Gains, we're talking all things Harris, Walz. We're decoding what this vp selection means for the ticket and whether the pick will provide momentum for the campaign. Yahoo Finance’s Rachelle Akuffo, Ben Werschkul, and Rick Newman get into that conversation and assess the policy issues facing the Harris campaign, including the care economy, trade tariffs, and whether the campaign will be tough on business. Recent polls suggest the Harris campaign is tied or even ahead of Trump, with the University of Virginia Center of Politics now calling Georgia a "toss-up." Rick Newman adds, "These are seismic changes." The team also talks with Tobin Marcus, Wolfe Research's Head of US Policy and Politics, about his take on the Harris ticket. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Our bottom line? It’s still the economy, stupid! Learn more about your ad choices. Visit megaphone.fm/adchoices

Money and politics are often tied together with governmental policies that can directly affect your wallet. As the election season heats up, both candidates, Vice President Kamala Harris and former President Donald Trump, begin to elaborate on their potential economic policies once they take office. How will each candidate directly affect your bottom dollar? Yahoo Finance Host Akiko Fujita is joined alongside Yahoo Finance Senior Columnist Rick Newman and Washington Correspondent Ben Werschkul for Capitol Gains to discuss the current race for president, the difference between 2024 vs 2020 Kamala Harris, and the impacts each candidate has made so far. Later on, they are joined by Manhattan Institute senior fellow Brian Reidl to give insight into the record national debt and take a deep dive into how each candidate may help or inflate the debt once they take office. Yahoo Finance’s Capitol Gains premiers at a pivotal time for investors. A presidential election looms on the horizon, and the stability of the economy remains one of the biggest issues for most Americans; especially the shape of the platforms for both the incumbent and challenger.  Learn more about your ad choices. Visit megaphone.fm/adchoices

On this week's Capitol Gains we're talking all things Vice President Kamala Harris! Decoding the presumptive Democratic nominee’s (wait is she?...) economic platform, and the ways in which it differs to President Biden’s. Is there daylight between them? What EXACTLY is it? And what impact will she have on the so-called double haters? Yahoo Finance’s Josh Lipton, Ben Werschkul and Rick Newman get into that conversation, and ask the pivotal question: which Kamala Harris are voters going to get? Rick Newman contends Harris previously positioned herself as a "progressive wannabe". If elected President, will she pursue progressive-style economies policies à la campaign 2020? And how cordial will she be with big tech? The team also finds time to catch up with Strategas’ Jeannette Lowe; they ask her if there's a 'Harris trade' investors should keep an eye on. Lowe also sees deregulation as a key priority for Trump if he wins a second term, and partly sees the election as a 'referendum on the speed of deglobalization'. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Our bottom line? It’s still the economy stupid! Learn more about your ad choices. Visit megaphone.fm/adchoices

Yahoo Finance’s Capitol Gains premiers at a pivotal time for investors. A presidential election looms on the horizon, and the stability of the economy remains one of the biggest issues for most Americans; especially the shape of the platforms for both the incumbent and challenger.  Former President Donald Trump’s speech at the RNC was much anticipated, and stole the headlines - especially in the aftermath of an assassination attempt in Butler, Pennsylvania.  He told a crowd of delegates he wants to end the ‘devastating inflation crisis immediately, bring down interest rates and lower the cost of energy’. Meanwhile, questions linger around the candidacy of current President Joe Biden, and if he’ll even remain the Democratic choice for November 5th. Yahoo Finance’s Rachelle Akuffo, Ben Werschkul and Rick Newman discussed what all this could mean for the nation’s policy positions in the years to come.  They also spoke with Veda Partners’ Henrietta Treyz; she expects the election to ‘get back to its previously scheduled programing’, and that Biden dropping out of race WILL now transpire. Learn more about your ad choices. Visit megaphone.fm/adchoices