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US Senate sets rules for Trump’s impeachment trial, adopts McConnell’s plan

The Senate rejects the final Democratic amendment to the impeachment rules

Trump

The rules resolution passed with a vote of 53-47, allowing for a more relaxed timeline as Trump’s defense now have three days to present their arguments – instead of the originally proposed two days.

The Senate is also sticking with Mitch McConnell’s plan to put off the question of calling additional witnesses and have shelved amendments from Chuck Schumer to subpoena new documents and testimony related to the trial.
It’s not like this makes a huge difference but this just reaffirms the notion that Trump will no doubt be acquitted when all this is said and done. But this just means that the trial could conclude as soon as next week if no new witnesses are called upon.

Recap: Trump impeachment story, where are we now?

The Lower House has voted in favour to impeach US president Trump on two accounts earlier today

Trump

 

He is certainly not having a good day but it isn’t the end of the world for Trump, not even close in fact. The House of Representatives (Lower House) may have voted to impeach him on the two accounts above but it will not happen unless Senate also votes similarly.
And to that note, it is extremely unlikely to happen especially since the Republicans still hold a majority there and 2/3 votes are needed for the impeachment charges to succeed.
If you’re wondering why markets aren’t reacting to the news, that is the main reason why. Greg also gave a bit of an overview of the situation yesterday here.
The Democrats themselves know how this can all play out in the new year, which is leading to the suggestion that they may just prolong the process of passing things over to Congress – in hopes that the impeachment news will brew and bubble up among the public.
That said, it shouldn’t make much difference to markets unless this spills over to damage Trump’s election chances – which is also seen as unlikely at this stage.
So in short, Trump is one step closer to actually being impeached but it is almost certainly still not going to happen. As you were..

Trump impeachment update – House has enough votes to impeach (no update on Senate)

Its going to be a job keeping up with developments on the impeachment inquiry.

Latest is
  • 218 House Members now support impeachment inquiry
  • Which is enough to impeach Trump in the House
As you’d all know, the numbers are not there in the Senate, where Trump’s party is in the majority).
Its going to be a job keeping up with developments on the impeachment inquiry.
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