Reverend Warnock’s Reelection Win Has Major Impact On US Senate Committee Control

Note: If Democrats Jon Ossoff and Reverend Warnock both win Georgia’s senatorial races, then they would hold a 51-49 majority and would adjust committee ratios so Democrats would have a one-vote majority on each committee," wrote Brian Gardner, Stifel's chief Washington policy strategist, ahead of the vote. "That would allow Senate committees to issue subpoenas without Republican support. This is something investors will likely overlook but it could increase headline risk for some sectors such as technology (NYSEARCA:XLK) and social media (NASDAQ:SOCL), financials (NYSEARCA:XLF) and healthcare (NYSEARCA:XLV), as Senate committee chairmen would have increased flexibility to call witnesses to testify before the committees

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