“I think AI is an issue that there is a lot of nervousness from members of Congress. They don't want to be seen as not being involved and too hands-off. However, a lot of them recognize that it's the U.S. versus China and the U.S. needs the lead. And how do they help that while putting up, in their mind, safeguards for their local communities?”

…tariff, again, among the top issues, if these are still in the headlines for the next couple of years, and this is the reason why Democrats outperform the polls, it just makes it a very difficult, still a long way off, but it just makes the picture very difficult for Republicans in 2028. Well,

…out to us, a wide range of implications there of the outcome to factors from AI build out to foreign policy, trade policy, the legislative agenda. And on that latter point, Shane, over the next couple of months prior to the new Congress taking effect in January, what will lawmakers be focused on?

Shane, it's very interesting to hear about the behind the scenes and the immediate aftermath. You mentioned the orientation process, a lot going on there, but a hefty legislative agenda up ahead for Congress as well. Kurt, just given all that we've covered on today's episode, in terms of portfolio…

Yeah, so let's just also think about the messaging coming in. We didn't change our portfolio posture around the midterms. It was our view that the evidence was pointing towards gridlock, very little in the way of policy change, not much of a departure for the president on foreign policy. So we left…

Kurt Reiman, Shane Lieberman, very timely, insightful, actionable conversation today, the day after Election Day, and do want to thank you for your contributions, not only on today's episode, though throughout the course of 2026 for these monthly Top of the Morning podcast episodes, keeping our…