The U.S. Elections: Your Guide
Stay up-to-date on the election news—and its implications for your planning and investments. Check here for our latest insights.
This fall, voters will decide who the next U.S. president will be and which political party will control the Senate—as well as which will control the House of Representatives.
The 2020 election will determine the shape of the U.S. government’s response to the economic upheaval of the global pandemic, trade relations with China and the rest of the world—and so much more.
Our goal is to focus on how the results may affect your financial life and future.
Here, we offer our insights.
Stay up-to-date with our insights
Election calls replay information
Update on the elections, markets & COVID-19
October 27, 2020
Breaking down the 2020 U.S. Presidential Election
Oct 08, 2020
Special Update on President Trump's COVID-19 diagnosis
Oct 02, 2020
The Needle and the Damage Done
Sep 09, 2020
U.S. Elections: Insights on key issues and what they mean for you
Aug 05, 2020
We've got you covered. Whatever the outcome of the U.S. elections, your J.P. Morgan team can help you and your family create a plan for and stay on track with your wealth goals.
What will happen and when?
Which elective offices are in play?
President
The president and the vice president are elected to a four-year term of office. Incumbent President Donald J. Trump, a Republican, and Vice President Mike Pence are running against the Democrats, presidential candidate Joseph R. Biden and his pick for the vice presidency, Kamala Harris.
It is important to remember that the president and vice president are not elected by popular vote, but rather by the Electoral College. Electors are allocated among the states based on their representation in the U.S. Congress. It is therefore possible for a candidate to win the presidency without a majority of the national popular vote.
House of Representatives
Every two years, all 435 seats in the House of Representatives are up for election. The Democratic Party has held a majority in the House since elections in 2018. The current party division is 232 Democrats, 198 Republicans, one Libertarian and four vacancies.
Most House seats are so-called “safe” seats, meaning one party consistently wins elections in that district. Control of the House often comes down to a handful of races in districts that political observers believe may go Republican or Democratic—the so-called “swing seats.”
Senate
Senators are elected to six-year terms, and their elections are staggered so that one-third of the 100 senators are up for election every two years. Of the 35 Senate seats up for election in 2020, 23 are currently held by Republicans and 12 are held by Democrats.
The Republican Party currently holds a majority of 53 seats in the Senate. If the elections were to produce a 50-50 split in the Senate, the Vice President would cast the tiebreaking vote.
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