President-elect Joe Biden’s ability to pass sweeping economic legislation during his first term could hang on two Senate races in Georgia. If Democrats win both races, the Senate would be in a 50-50 deadlock between Democrats and Republicans. Vice President-elect Kamala Harris would cast the deciding vote in case of a tie.
With Democratic majorities in the House and Senate, Biden would also be assured his first choices would be confirmed for key cabinet positions like Secretaries of Treasury and Labor, as well as leadership roles for regulatory agencies including the Securities and Exchange Commission (SEC) and the Consumer Financial Protection Bureau (CFPB).
