Donald Trump was found not guilty of abuse of power and obstruction of Congress during the third Senate impeachment trial of a U.S president. Mitt Romney was the only Republican to vote for the impeachment on the first article, but the final result was a 52-48 against impeachment. For the second impeachment charge, the vote was 53-47.
President Trump immediately celebrated the outcome of the impeachment trial on Twitter by announcing a public statement on Thursday at the White House. He also tweeted an attack ad against Mitt Romney, calling him a “Democrat secret asset”. During the four-month process, President Trump had repeatedly called the impeachment a hoax.
Both Republicans and Democrats raised funds for their presidential election campaigns. Trump netted $46 million in the fourth quarter of 2019 during the impeachment inquiry, mostly from people angry at the efforts to remove him from the office. Democrats saw money coming in for their presidential candidates and for the congressional races.
Markets react positively
U.S indices closed with gains Dow Jones rose 483.22 points, or 1.7%, to end at 29,290.85, S&P 500 gained 37.10 points, or 1.1%, to close at 3,334.69. The tech-heavy NASDAQ added 40.71 points or 0.43%, ending the session at 9,508.68.
The impeachment effect might not end here
The real impact of Trump’s impeachment process might reveal itself when Americans go to the polls in November. Then, Democrats will find out if their decision to impeach a president for the third time in U.S. history was worth it. The latest poll, conducted on Feb. 3-4, showed 42% of American adults approved of Trump’s performance, while 54% disapproved. That is nearly the same as it was when the House launched its impeachment inquiry in September when his approval stood at 43% and his disapproval at 53%.
November is also when Republican Party lawmakers in the U.S. Congress may learn the political costs of defending President Trump.
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Sources: nytimes.com, edition.cnn.com, reuters.com, marketwatch.com, politico.com
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