Connect with us

Hi, what are you looking for?

Daily Planning Capabilities – Investing and Stock NewsDaily Planning Capabilities – Investing and Stock News

Latest News

Democrat Derek Tran ousts Michelle Steel in CA House battle

Derek Tran, a first-time Democratic candidate, has flipped a toss-up California House seat, narrowly defeating GOP Rep. Michelle Steel, who conceded on Wednesday after a protracted vote count.

Tran had declared victory early this week, and currently leads by roughly 600 votes.

Steel, a two-term congressmember, had been an elusive target for Democrats, occupying an Orange County district that had backed President Joe Biden in the 2020 election. The race ended up being the most expensive House battle in the country, with at least $46 million spent by the campaigns and an array of outside groups.

Democrats hoped Tran was the right candidate to dislodge Steel, given his background as the son of Vietnamese refugees. Tran sought to use his biography to make inroads with the district’s influential Asian American — and particularly Vietnamese — voters, a group that Steel, a Korean American, had performed well with in the past.

Tran centered his campaign on assailing the incumbent Republican for her previous support for a national abortion ban. Steel countered with attacks on Tran’s pre-campaign resume, including a handful of cases where he represented politically unsympathetic clients in wrongful termination lawsuits.

Enter Your Information Below To Receive Latest News, And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    Introduction To The Long Put Strategy Options are used by investors to take advantage of a wide range of projections on the state of the...

    Investing

    Introduction Options can provide investors with an extremely versatile tool that can be used to bet on market direction or changes in volatility levels....

    Investing

    In both cases a (usually near the money) option is sold and used to partially fund the purchase of two (or more) out of...

    Investing

    What’s the Difference Between SPX and SPY Options? Dividends Dividends are not normally paid to options holders. However, SPY pays a dividend every quarter. This is...

    Disclaimer: Dailyplanningcapabilities.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 Dailyplanningcapabilities.com