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A pregnant mom crossed the Rio Grande decades ago to give her unborn child a better life. Now her daughter is becoming a member of Congress | CNN Politics

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A pregnant mom crossed the Rio Grande decades ago to give her unborn child a better life. Now her daughter is becoming a member of Congress | CNN Politics


Washington
CNN
 — 

Delia Ramirez walks towards the microphone decided to make her message heard.

“It’s time – it’s previous time that we ship on the promise that we now have made to our Dreamers,” she says.

On a crisp morning in early December, Ramirez is standing steps away from the US Capitol, with its white dome gleaming in opposition to the blue sky behind her. It is a rallying cry we’ve heard right here again and again – however Ramirez hopes when she says it, the phrases will carry much more weight. This isn’t merely a speaking level from her marketing campaign platform.

“This,” the Illinois lawmaker says, “could be very private for me.”

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It’s private as a result of if Congress doesn’t act, Ramirez’s husband may very well be amongst tons of of hundreds of individuals dealing with potential deportation. And it’s private as a result of Ramirez herself is about to turn out to be a member of Congress.

She’s known as this information convention, flanked by a number of of her fellow incoming freshmen lawmakers and Congressional Progressive Caucus Chair Pramila Jayapal, a Washington state Democrat, to push for members of Congress to move a number of key items of laws whereas Democrats nonetheless management the US Home. Amongst them: the DREAM Act, which might give a potential pathway to citizenship to some 2 million undocumented immigrants who have been delivered to america as kids.

“I’m the spouse of a DACA recipient. I’m the daughter of Guatemalan working immigrants. I do know firsthand the challenges and fixed worry our households dwell each single day,” Ramirez tells reporters. “We have now to finish this.”

That’s far simpler mentioned than performed, as a long time of debate over immigration reform on Capitol Hill clearly present.

However Ramirez says irrespective of what number of obstacles pop up in her path, she’ll maintain pushing.

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As fixed and controversial as conversations round immigration in Washington have turn out to be, many lawmakers weighing in don’t have direct private connections to the problems they’re debating.

Ramirez, 39, has lived them her total life.

Her mother was pregnant together with her when she crossed the Rio Grande – a element Ramirez made some extent to incorporate in a candidate bio on her marketing campaign web site, which notes that her mother went on to work “a number of low-wage jobs to offer her kids a combating probability to flee poverty.”

Ramirez says through the years a few of her political opponents have tried to make use of particulars like this from her background in opposition to her, accusing her of being in favor of open borders and talking dismissively about her household throughout debates. However Ramirez sees her household’s story as a energy that’s helped her join with voters and higher perceive the problems that matter to her constituents.

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“I didn’t need to shrink back from the truth that I’m working class and my husband’s a DACA recipient, that I’m apprehensive about how I’m going to pay for housing. That’s the actuality of so many individuals,” she says. “And I would like women and men, younger and previous, to see me and assume, ‘That was my m’hija, That was my daughter.’ Or…’I’m an intern someplace and I don’t really feel seen. But when she might do it, so can I.’”

Ramirez says the story of her mother’s journey from Guatemala to america infused her childhood in Chicago, the place Ramirez was born.

In accordance with the story Ramirez grew up listening to, when her mother crossed the Rio Grande, sturdy currents practically swept her away. She’d hidden her being pregnant from others on the journey, however in that second she known as out in desperation, “Assist! Assist! Save me! Save my daughter!” A person did, Ramirez says, however after that day, her mother by no means noticed him once more.

As she struggled with melancholy as a young person, Ramirez says her mother would regularly invoke this a part of her previous, saying, “I practically died in order that you would be born. Now I’ve to battle to maintain you alive.”

That struggling teen, Ramirez says, would by no means have imagined that she’d run a homeless shelter and different profitable nonprofits, go on to turn out to be a state lawmaker and in the future be on the cusp of getting into US Congress.

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“However that’s the journey, proper?” Ramirez says. “Possibly not the Congress half as typically appropriately, however the journey of so many individuals and so many kids of immigrants who contribute and accomplish that a lot for this nation.”

How does her household’s journey form her view of what’s unfolding now on the border?

“I’m clear that anybody prepared to danger dying, ravenous and even being raped within the lengthy journey by means of desert, chilly and tunnels is crossing as a result of they really feel like there isn’t any different resolution to their state of affairs. Their migration is the one approach they see themselves and family members surviving deep poverty and, in some instances, persecution,” Ramirez says.

“My mom wouldn’t have risked my life or hers had it not been the one choice she noticed for her unborn baby to have an opportunity at a life and childhood higher than hers.”

As Ramirez shares these and different particulars from her previous with CNN within the Longworth Home Workplace Constructing one night in early December, an aide steps in together with her telephone in hand.

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“It’s time,” he tells her.

Ramirez remains to be an Illinois state legislator for just a few extra weeks, and she or he must vote on a measure that may not move if she doesn’t.

She holds the telephone in a single hand and appears into the digital camera.

“Consultant Ramirez votes sure,” she says, then fingers the telephone again to her aide.

“Completed,” she says with a triumphant smile.

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It’s the most recent in quite a few payments Ramirez has helped move since her 2018 election to the Illinois Basic Meeting.

In that approach alone, she is aware of it will likely be an adjustment to work as a lawmaker in Washington, the place partisan fights typically get in the way in which of passing legal guidelines.

She nonetheless remembers the primary state invoice she sponsored that handed in March 2019 – a measure to broaden homelessness prevention programming, a high concern for Ramirez, who beforehand directed a homeless shelter.

“It was a really emotional second,” she says. And the very first thing she did after the invoice handed, she says, was name her mother and share the information.

Ramirez in a portrait from her campaign website.

“I mentioned, ‘Mother, in three months I used to be in a position to do extra (to forestall homelessness) than I had performed in nearly 15 years,’” Ramirez recollects.

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Her mother responded that she was proud however reminded Ramirez that her work wasn’t completed.

“Go dangle up, and do extra,” she mentioned, in keeping with Ramirez. “And don’t neglect the place you come from.”

It’s with that mantra in thoughts, and with reminiscences of rising up because the daughter of immigrants who labored a number of jobs to help their household in Chicago, that Ramirez is heading to Washington.

Each her mother and father are US residents now, however Ramirez says they’re nonetheless struggling to make ends meet.

“I’m the daughter of a lady who at 61 has given a lot to this nation and is a minimum-wage employee that may’t afford well being care, so she’s on Medicaid, and diabetic,” Ramirez says. “I’m the daughter of a person who spent 30 years working in an industrial bakery, a union busting firm, and the day he retired, he acquired a frozen pie. He didn’t get a retirement pension and he struggled with Medicare supplemental, overlaying the fee.”

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Ramirez’s newly redrawn Illinois congressional district is almost 50% Latino and closely Democratic, spanning from Chicago’s Northwest aspect into the suburbs, in keeping with CNN affiliate WLS. She received greater than 66% of the vote within the normal election, defeating Republican mortgage firm government Justin Burau.

After Ramirez’s election, her background landed her on many lists of firsts. She would be the first Latina elected to Congress from the Midwest.

She’s additionally helped set one other file as a part of the biggest variety of Latinos ever within the Home of Representatives.

There’s one other notable element about her background that Ramirez has pointed to often in interviews since her election: She has a “mixed-status household.”

Greater than 22 million folks in america dwell in mixed-status households, in keeping with immigrant advocacy group fwd.us, that means a minimum of one member of the family is an undocumented immigrant and others are US residents, inexperienced card holders or different lawful non permanent immigrants. However it’s uncommon to listen to a member of Congress use the time period to explain themselves.

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Due to her household’s expertise, Ramirez is aware of lots of the individuals who supported her candidacy see her as a voice who will converse out for them, and for thus many immigrants who’re within the shadows and infrequently heard.

Ramirez married Boris Hernandez in October 2020. They met earlier that 12 months in what she describes as “a kind of pandemic loves.”

Delia Ramirez, left, with her husband, Boris Hernandez, center, and Ramirez's mother.

She’s greatest mates together with his cousin. Hernandez is initially from the identical city in Guatemala as her mother and father. He got here to america when he was 14. And for years, like tons of of hundreds of different folks, he’s relied on the Obama-era program often known as DACA, quick for Deferred Motion for Childhood Arrivals, which granted sure younger undocumented immigrants who have been delivered to america as kids work permits and safety from deportation.

On her marketing campaign web site and social media feeds, Ramirez has shared photos of Hernandez. And he or she’s invoked her husband’s story in current speeches and conversations with constituents.

Hernandez typically stood by her aspect at marketing campaign occasions. He often took photographs, too (he’s a photographer, along with additionally having labored in nonprofits and early childhood improvement). He accompanied Ramirez as she voted on Election Day, though he couldn’t forged a poll.

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Ramirez acknowledges that she’s privileged in comparison with many family members of DACA recipients. She’s a US citizen, and due to that, Hernandez has a pathway to citizenship it doesn’t matter what Congress decides. However nonetheless, she says, they may find yourself in a precarious place.

If a federal choose’s ruling ends DACA – one thing many immigrant rights advocates warn is prone to occur within the subsequent 12 months – and her husband’s paperwork to regulate his immigration standing is pending, Ramirez is aware of she might have much more to fret about along with her busy schedule as a first-term congresswoman.

“I’m going to be combating to maintain my husband right here,” she says, “and I’m a member of Congress. …. What occurs to the opposite 2 million (undocumented immigrants that the DREAM Act would defend)? What occurs to his brother? What occurs to my greatest buddy from highschool? What occurs to all of them who don’t have any pathway, who don’t have a citizen husband or spouse or companion?”

Ramirez says that query retains her up at evening.

Standing beside Ramirez exterior the Capitol on that morning in December, Congressman-elect Robert Garcia of California praises her for bringing the group of freshmen lawmakers collectively even earlier than they’ve taken workplace.

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“She’s been main on problems with immigration, on DACA for Dreamers, to make sure that our nation’s caring for those that actually need our assist,” Garcia says.

Serving to Dreamers isn’t the one matter on the agenda throughout this December information convention; Ramirez and the others are additionally pushing for extensions to the kid tax credit score and the earned earnings tax credit score, and extra funding for early childhood teaching programs.

In her interview with CNN, Ramirez mentioned her plans to battle for insurance policies that assist immigrants lengthen past immigration reform. One key problem she needs to work on whereas in workplace: housing, an space that she says is critically essential to immigrant households and working-class households on the whole.

Ramirez ascends a staircase at the US Capitol on November 18, 2022.

The progressive insurance policies she champions, she says, would profit immigrants and US residents alike. “It’s an ‘and,’” she says, “not an ‘or.’”

Ramirez’s voice cracks with emotion because the information convention ends and she or he makes her closing argument.

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“It’s time to ship for our Dreamers,” she says. “It’s time for Boris Hernandez to lastly have a pathway to citizenship.”

Ramirez says she feels overwhelmed by gratitude that her constituents have given her this opportunity to symbolize them, and a robust sense of urgency to ship the outcomes she is aware of so many individuals desperately want.

Weeks later, the 117th Congress adjourned with out taking many of the steps Ramirez and her fellow incoming freshmen had been pushing for.

And with the steadiness of energy shifting, she is aware of the battles to come back might be even harder. However for Ramirez, the phrases she proudly proclaimed in that first information convention exterior the Capitol nonetheless maintain true. She and different new members of the Home Progressive Caucus have solely simply begun to make their voices heard.

“We’re rooted,” she says, “and we’re prepared to assist with this battle. … Let’s get to work.”

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Video: Heavy Rains and Wind Wreak Havoc on the West Coast

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Heavy Rains and Wind Wreak Havoc on the West Coast

A series of atmospheric rivers has caused flooding and damage in the Pacific Northwest and Northern California, knocking out power for hundreds of thousands of people.

It just crashed through the front of the house, crashed through the kitchen, and it broke the whole ridge beam. The whole peak of the house is just crushed.

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How long will Trump’s honeymoon with the stock market last?

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How long will Trump’s honeymoon with the stock market last?

Few were surprised when US stocks jumped after Donald Trump’s decisive victory in the presidential election. Amid widespread assumptions of weeks of uncertainty, a clear result was always likely to prompt an initial relief rally. More unexpected was what has happened since.

The president-elect has nominated a string of hardliners to senior positions, signalling his intent to push ahead with a radical agenda to enact sweeping tariffs and deport millions of illegal immigrants that many economists warn would cause inflation and deficits to spiral upward.

Yet the stock market — the economic barometer most closely watched by the general public, and one often referenced by Trump himself — seems to have shown little sign of concern.

The S&P 500, Wall Street’s benchmark index for large stocks, is still up about 3 per cent since the vote, even after a slight pullback. The main index of small cap stocks is up almost 5 per cent.

The relative cost of borrowing for large companies has also plummeted to multi-decade lows, and speculative assets such as bitcoin have surged.

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Under the surface, not every part of the stock market has been so calm. A Citi-created index of stocks that may be vulnerable to government spending cuts, for example, has tumbled 8 per cent since the election, while healthcare stocks have been hit by the nomination of vaccine sceptic Robert Kennedy Jr to head the health department.

The prospect of inflation arising from tariffs and a tighter labour market has also spooked many in the $27tn Treasury market, with some high-profile groups warning about over-exuberance.

But the contrasting signals raise some key questions for traders and policymakers alike: are equity investors setting themselves up for a fall by ignoring high valuations and potential downsides of Trumponomics, or will they be proved right as gloomy economists once again have to walk back their dire prognoses?

“Any time . . . you get to the point where markets are beyond priced to perfection, you have to be concerned about complacency”, says Sonal Desai, chief investment officer at Franklin Templeton Fixed Income.

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But, she adds, “the reality is you also need to very actively look for triggers for sell-offs, and right now . . . I think the underlying economy is strong and the policies of the incoming administration are unlikely to move that significantly.”


The bull case was on full display at the Wynn resort in Las Vegas this week, where more than 800 investors, bankers and executives were gathered for Goldman Sachs’ annual conference for “innovative private companies”.

With interest rates now trending downward, capital markets specialists had already been preparing for a recovery in stock market listings and mergers and acquisitions activity, but the election result has poured fuel on the fire.

Walter Lundon, a trader, shows off his pro-Trump T-shirt on the floor of the New York Stock Exchange
Walter Lundon, a trader, shows off his pro-Trump T-shirt on the floor of the New York Stock Exchange. Investors believe Trump will follow through on pledges to cut taxes and regulation © Timothy A. Clary/AFP via Getty Images

With Republicans controlling both houses of Congress in addition to the White House, investors are assuming that it will be easy for the Trump administration to fulfil promises to slash corporate taxes and scale back regulation. At the same time, more contentious proposals such as the introduction of tariffs were frequently dismissed by attendees as a “negotiating tactic”.

David Solomon, Goldman chief executive, said at the conference: “The market is basically saying they think the new administration will bring [regulation] back to a place where it’s more sensible.”

One hedge fund manager in attendance sums up the atmosphere more bluntly. “There are lots of giddy investors here getting excited about takeout targets,” he says. “M&A is now a real possibility because of the new administration. That’s been the most exciting [element of Trump’s proposals] . . . I think the mood is better than it’s been in the past four years.”

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The emphasis on tax and deregulation is clear when looking at which sectors have been the biggest winners in the recent market rally: financial services and energy.

The S&P 500 financials sub-index has jumped almost 8 per cent since the vote, while the energy sub-index is up almost 7 per cent. Energy executives have celebrated the president-elect’s pledges to withdraw from the Paris climate agreement and open up federal lands for fracking in pursuit of US “energy dominance”.

The Russell 2000 index, which measures small cap companies, has also risen faster than the S&P thanks to its heavy weighting towards financial stocks, and a belief that smaller domestically focused companies have more to gain from corporate tax cuts.

Chris Shipley, co-chief investment officer at Fort Washington Investment Advisors, which manages about $86bn, says that “we believe the market has acted rationally since the election”, citing the concentration of gains in areas that could benefit from trends such as deregulation and M&A.

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Even policies that most mainstream economists think would have a negative effect overall — like a sharp increase in tariffs — could ironically boost the relative appeal of US stocks by hitting other countries even harder.

The Europe-wide Stoxx 600 index, for example, has slipped since the election as investors bet the export-dependent region will be heavily hit by any increase in trade tensions. At the same time, the euro has dipped to a two-year low against the dollar.

“The ‘America First’ policy, not surprisingly, will be good for the US versus the rest of the world,” says Kay Herr, US chief investment officer for JPMorgan Asset Management’s global fixed income, currency and commodities team.


The worry among economists and many bond investors, however, is that Trump’s policies could create broader economic problems that would eventually be hard for the stock market to ignore.

Some of Trump’s policies, such as corporate tax cuts, could boost domestic growth. But with the economy already in a surprisingly robust state despite years of worries about a potential recession, some like former IMF chief economist Olivier Blanchard fear an “overheating” that would lead to a resurgence in inflation and a subsequent slowdown.

A shale gas well drilling site in Pennsylvania
A shale gas well drilling site in Pennsylvania. The incoming Trump administration is expected to open up federal lands for fracking in pursuit of US ‘energy dominance’ © Keith Srakocic/AP

Demand-driven inflation could be exacerbated by supply-side pressures if Trump follows through with some of his more sweeping policy pledges.

On the campaign trail, Trump proposed a baseline 10 per cent import tariff on all goods made outside the US, and 60 per cent if they are made in China. Economists generally agree that the cost of tariffs falls substantially on the shoulders of consumers in the country enacting them. Walmart, the largest retailer in the US, warned this week it might have to raise prices if tariffs are introduced.

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Deporting millions of undocumented immigrants, meanwhile, would remove a huge source of labour from the US workforce, driving up wages and reducing the capacity of US companies to supply goods and services.

Economists at Morgan Stanley and Deutsche Bank both predicted this week that Trump’s policies would drag on GDP growth by 2026, and make it harder for the Federal Reserve to bring inflation back to its 2 per cent target.

Tom Barkin, president of the Richmond Fed and a voting member on the rate-setting Federal Open Market Committee, says he understands concerns among the business community about tariffs reigniting inflation, and says the US was “somewhat more vulnerable to cost shocks” than in the past.

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But some investors believe the risks to be minimal. “In our view, the inflationary concerns . . . regarding tariffs are overblown,” says Shipley of Fort Washington.

Fed policymakers have been quick to stress that they will not prejudge any potential policies before they have been officially announced, but bond investors have already scaled back their forecasts for how much the central bank will be able to cut interest rates over the next year.

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Interest rate futures are now pricing in a fall in Fed rates to roughly 4 per cent by the end of 2025, from the current level of 4.5-4.75 per cent. In September, investors were betting they would fall below 3 per cent by then.

Meanwhile, the yield on the 10-year Treasury note, which rises when prices fall, is up about 0.8 percentage points since mid-September to 4.4 per cent. As a consequence, the average rate on a 30-year mortgage is also ticking upward, to near 7 per cent.

“The bond market has been very focused on deficits and fiscal expansion, and the equity market has been focused, it seems, on deregulation and the growth aspect,” says JPMorgan’s Herr. But “at some point, a higher [Treasury yield] is problematic to equities”.

In part, that is because higher bond yields represent an alternative source of attractive returns at much lower risk than stocks. But the more important impact could come from the warning signal a further increase in yields would represent.

The rise in yields is being driven by concerns both about inflation and also higher government debt levels, says Kristina Hooper, chief global market strategist at Invesco. “2024 marks the first year in which the US spends more to service its debt than it spends on its entire defence budget. And that’s not sustainable in my opinion over the longer term, and so we have to worry about the potential for a mini Liz Truss moment.”

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Former UK prime minister Truss’s attempt to introduce billions of pounds of unfunded tax cuts and increased borrowing in 2022 caused a massive sell-off in British government debt that spilled into currency and equity markets.

Demonstrators in New York protests against Trump’s immigration proposals
Demonstrators in New York protest against Trump’s immigration proposals. His plans to deport millions of undocumented immigrants would remove a large chunk from the US workforce © Michael Nigro/Sipa USA via Reuters Connect

The structure and scale of the US Treasury market makes this sort of “bond vigilantism” less likely, strategists and investors stress, but many institutions have begun paying more attention to the possibility.

“Over the next two to four years, do I think that there’s a very serious risk of bond vigilantes coming back? Absolutely. And that’s entirely based on what the multiyear plan will be, and the impact which comes out of it,” says Franklin Templeton’s Desai.


Trump and his advisers have dismissed concerns about their economic agenda, arguing that policies such as encouraging the domestic energy sector will help keep inflation low and growth high.

Even if they do not, several investors in Las Vegas this week suggested that the president-elect’s personal preoccupation with the stock market would help restrain him from the most potentially damaging policies.

“I think Trump and all his donors measure their success and happiness around where the US stock market is,” says the hedge fund manager. “It’s one reason why I’m pretty bullish despite the market being where it is.”

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Economists have also consistently underestimated the resilience of the US economy in recent years. The combination of Trump’s attentiveness and economists’ poor past forecasting means even sceptical investors are wary of betting against the US market.

“There are risks out there,” says Colin Graham, head of multi-asset strategies at Robeco. “If some of the more extreme policies that were talked about during the campaign get implemented, our core view for next year is going to be wrong.

“But what is our biggest risk here? Missing out on the upside. The momentum is very strong.”

Data visualisation by Keith Fray and Chris Giles

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Can Matt Gaetz return to Congress? He says he won’t.

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Can Matt Gaetz return to Congress? He says he won’t.

Gaetz not returning to Congress

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Gaetz on not returning to Congress after dropping out of Trump attorney general consideration

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Former Rep. Matt Gaetz of Florida says he doesn’t intend to return to Congress in January, after resigning from his seat and withdrawing from consideration as U.S. attorney general. 

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Gaetz announced his withdrawal Thursday, citing the distraction his impending nomination was causing, and President-elect Donald Trump soon afterward said former Florida attorney general Pam Bondi would be his new pick for the job. But Gaetz won reelection to his U.S. House seat earlier this month, so there were some questions about whether he was considering a return to Congress in January. 

But Gaetz told conservative personality Charlie Kirk on Friday that he doesn’t intend to go back to Congress, though he vowed to continue to fight for Trump and do “whatever he asks of me.”

“I’m still going to be in the fight, but it’s going to be from a new perch,” Gaetz told Kirk. “I do not intend to join the 119th Congress. … Charlie, I’ve been in an elected office for 14 years. I first got elected to the state house when I was 26 years old, and I’m 42 now, and I’ve got some other goals in life that I’m eager to pursue with my wife and my family, and so I’m going to be fighting for President Trump. I’m going to be doing whatever he asks of me, as I always have. But I think that eight years is probably enough time in the United States Congress.”

But it may not be the end of his political career. Florida Gov. Ron DeSantis, first elected in 2018, will not be running again in 2026, since he’s limited by law to two terms as the state’s chief executive. 

Gaetz stepped down from Congress as the House Ethics Committee was weighing whether to release the report from its yearslong investigation into sexual misconduct and illegal drug use allegations. The committee lacked sufficient votes to release the report earlier this week but will, according to Democratic Rep. Susan Wild of Pennsylvania, reconvene on Dec. 5 to “further consider” the matter. 

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