The House pushes for Trump’s impeachment

By: Miguel A. Rodriguez

14:06, 11 January 2021

The fate of Donald Trump is in the hands of Mike Pence

“In protecting our Constitution and our Democracy, we will act with urgency because this President represents an imminent threat to both. The horror of the ongoing assault on our democracy perpetrated by this President is intensified, and so is the immediate need for action,” stated House Speaker Nancy Pelosi yesterday as she announced that the House would proceed with legislation to impeach the incumbent President Donald Trump.

According to Pelosi, the impeachment will be the last resort if the vice president Mike Pence and Cabinet do not invoke the 25th Amendment to remove Donald Trump from office, declaring him “incapable of executing the duties of his office.”

If any Republicans or Democrats are not in favor, Pelosi will again present the resolution for a vote on Tuesday. The impeachment vote could be held as soon as Wednesday. Still, the House could delay the related articles to the Senate given that President-elect Joe Biden must put his cabinet nominees and top legislative priorities in order. However, even if everything goes as planned, the impeachment could not start before January 19, as the Senate is currently in recess.

Joe Biden refrained from making any comments on Pelosi’s decision. However, he stated last week that the quickest way to get Trump out of office would be his inauguration.

Look for price action in Dollar related instruments like USA30, USA500, and Gold.

Keep an eye on the market with!


Share this article

The information presented herein is prepared by and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.                                                                                                                            Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience, or current financial situation.Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance and forecasts are not reliable indicators of future results.