There are many political insiders who have a lot riding on Today’s
elections, ranging from Ben Bernanke to Nate Silver to Debbie Wasserman
Schultz. The election results, of course, will play a huge role in
determining the fate of President Obama’s healthcare law and former
President George W. Bush’s expiring tax rates. They will also have a
tremendous impact on congressional and key administration officials. Leadership’s US Bureau Chief, ABIODUN OLUWAROTIMI writes on the 10 political insiders who have a lot riding on Election Day.
Senator Mitch McConnell (R-Ky.)
The Senate minority leader famously said that his No. 1 political
goal was to deny Obama a second term. Obama and his surrogates repeated
that line throughout 2012 as they sought to portray congressional
Republicans as obstructionists. But McConnell has other goals in mind,
most notably to become majority leader. To do that, the GOP needs a
better-than-anticipated showing on Tuesday.
Ben Bernanke
Mitt Romney has vowed to appoint a new Federal Reserve chairman,
which could be Stanford economist John Taylor. If Romney wins, Bernanke
would be a lame-duck chairman until his term expires in January 2014 and
there would be questions about whether he would serve a president who
didn’t want him.
Eric Holder
The attorney general is not expected to stay long into a possible
second Obama administration term. But his life would be easier if
Democrats retain the Senate. The GOP-led House has held Holder in
contempt of Congress, and many Republicans in the lower chamber have
called for him to resign. Having to testify before House and Senate GOP
chairmen would likely cause Holder to depart sooner instead of later.
Bill and Hillary Clinton
Former President Clinton has gone all out for Obama’s reelection bid.
He recently said, “I may be the only person in America, but I am far
more enthusiastic about President Obama this time than I was four years
ago.” There is growing speculation Obama’s secretary of State will mount
another White House bid in 2016. Arguably, her path to victory would be
easier if Obama wins reelection. And if that happens, would Obama
endorse in the 2016 Democratic primary? Vice President Biden has not
ruled out running in four years.
Senator John Cornyn (R-Texas)
The National Republican Senatorial Committee chairman is a sure bet
to replace retiring Senate GOP Whip Jon Kyl (Ariz.) if Republicans take
back the upper chamber. But if they fall short, there could be a
leadership race to become McConnell’s top deputy. In this scenario,
Cornyn would still be the favorite because GOP lawmakers are not going
to blame him for the gaffes of Senate candidates who might lose on
Tuesday.
Senator John Kerry (D-Mass.)
The Foreign Relations Committee chairman is considered a leading
contender to replace Secretary of State Clinton if Obama wins. Picking
Kerry, however, could alter the makeup of the closely divided Senate.
Should Elizabeth Warren defeat Sen. Scott Brown (R-Mass.) on Election
Day, Brown could run for Kerry’s spot if the 2004 Democratic
presidential nominee leaves Capitol Hill for Foggy Bottom.
Rep. Debbie Wasserman Schultz (D-Fla.)
The ambitious chairwoman of the Democratic National Committee is said
to be eyeing a leadership bid in the House. An Obama win would help her
cause, though it won’t be a deciding factor for some House Democrats
who have had their share of differences with the president. The other
complication for Wasserman Schultz is that few, if any, leadership
lawmakers are expected to retire anytime soon. There has been
speculation that Rep. Nancy Pelosi (D-Calif.) might step aside, but
Reps. Steny Hoyer (D-Md.) and James Clyburn (D-S.C.) are likely to serve
in Congress for the foreseeable future.
Nate Silver
The New York Times election guru, who has been quoted often
throughout the 2012 cycle, now says there is an 86 percent chance Obama
will win. By Wednesday, Silver will look like a genius or have egg on
his face. Meanwhile, Michael Barone of the Washington Examiner is
predicting Romney will win 315 electoral votes.
Elizabeth MacDonough
If there is a GOP sweep on Tuesday, Senate Parliamentarian MacDonough
will arguably be one of the most powerful people in Washington. The
nonpartisan referee of Senate rules will have to make tough calls on
what parts of the health law can be eradicated through the arcane budget
reconciliation process. Some Republicans have suggested the GOP should
get rid of MacDonough, who was appointed by Senate Majority Leader Harry
Reid (D-Nev.). But in an interview with
Rep. Kevin Brady (R-Texas)
If Obama wins, Rep. Paul Ryan (R-Wis.) is expected to return to the
House and be granted a waiver to remain Budget Committee chairman. Ryan
is also widely viewed as Rep. Dave Camp’s (R-Mich.) successor as Ways
and Means Committee chairman in two years. If Ryan were to become vice
president, Brady, who has more seniority than Ryan on the influential
panel, would become a leading contender to replace Camp. But even if
Romney and Ryan lose, Ryan could run for president in 2016. Heading the
Ways and Means Committee while running for president might be too much
to juggle.
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