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A new Democratic-controlled Senate boosts the chances Supreme Court Justice Stephen Breyer, 82, would retire this year and offer new President Joe Biden an early opportunity to put his imprint on America's high court.
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On Aug. 7, 1974, a trio of Capitol Hill’s Republican eminences, led by Sen. Barry Goldwater, called on a beleaguered President Richard Nixon at the Old Executive Office Building on the White House flank.
The Watergate scandal was in its end stages. Consequently, the meeting was not about presidential decorum, evidence of obstruction, or the finer points of high crimes and misdemeanors. The meeting was about math.
Goldwater, along with his fellow Arizonan John Rhodes and Pennsylvania’s Hugh Scott (respectively, the House and Senate minority leaders), explained to Nixon that his support among Senate Republicans had collapsed.
Health insurers outlook boosted after Dems Georgia win
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Analysts expect Democratic control in Washington to boost health insurers bottom line, particularly for payers that focus their business on the Affordable Care Act exchange and Medicaid managed-care.
After Democratic wins in run-off Georgia elections were certified on Jan. 6, stocks of Centene Corp., Molina Healthcare and UnitedHealth Group rallied, with shares of St. Louis-based Centene rising 10.8%, the Long Beach, Calif.-based Molina increasing 9.16% and the Minnetonka, Minn.-based UnitedHealth Group growing 4.2% by the close of the market that day.
Since then, prices have been less robust. Shares of Molina have remained strong, increasing 0.4% on Friday, while UnitedHealth Group decreased 0.4% and Centene dropped 2.2%. The S&P 500 Index and the Dow Jones have remained high since the election results were announced.