Donald Trump is heading back to the White House, winning a decisive victory over Vice President Kamala Harris in the 2024 election. “I want to thank the millions of hardworking Americans across the nation who have always been the heart and soul of this really great movement,” Trump told supporters gathered in West Palm Beach, Florida, early Wednesday morning. “This will forever be remembered as the day the American people regained control of their country.” Trump was declared the winner by the Associated Press at 5:34 a.m. ET after he won the battleground states of Pennsylvania and Wisconsin. As of 8:50 a.m. ET, Trump had won or was leading in every state the New York Times classifies as a swing state, and he was ahead in the national popular vote. Republicans also secured control of the Senate Tuesday night. And while the final makeup of the House is unsettled, Trump could have a unified Congress to help push through his preferred legislation. Many in the commercial real estate community said Trump’s economic and climate policies will benefit the property market, which is in the early stages of a rebound. But there is also concern that some of Trump’s other proposals, including a 20% tariff on all imports, could hobble the Federal Reserve’s fight against inflation. 
A Trump win could have immediate impacts on Fed policy, said Lonnie Hendry, chief product officer at Dallas-based research and consulting firm Trepp. “There's been some speculation that if Trump is elected — that based on his tariffs, immigration position and tax cuts — that… Read the full story here. | 
