President Donald Trump’s approval rating has fallen to 36%, the lowest recorded in any New York Times/Siena national poll, just weeks before the midterm elections.
- The survey found that 59% of likely voters disapprove of Trump’s performance, with growing frustration over his handling of the economy, the war in Iran and elevated gasoline prices.
Why it matters: Independent voters are particularly dissatisfied, with more than two-thirds disapproving of Trump’s job performance. Their views could be consequential in competitive congressional districts.
The political landscape: Likely voters preferred Democratic congressional candidates over Republicans by 11 percentage points in their districts, according to the final Times/Siena national poll before the elections.
The bottom line: Trump’s declining approval and widespread economic dissatisfaction present challenges for Republicans as they seek to retain control of Congress. However, national polling does not necessarily reflect the outcome of individual races.
MORTGAGE RATE IMPACT
RATES LOWER
Downward pressure on mortgage rates
A possible divided congress and Presidency can create gridlock in Washington which historically is good for markets especially now. If they can't agree on spending increases we not get them...
