![]() But now it could be less tortoise, more hare? Scott, the Fed's attitude toward interest rates hikes, to me, felt like that proverb - slow and steady wins the race. MARTINEZ: NPR's Scott Horsley is here now. The Fed is expected to announce another sharp jump in borrowing costs later today. 1 tool that it has at its disposal is to raise interest rates. And the Federal Reserve Board is trying to do what it can to fight off a recession, and the No. MARTINEZ: Concerns about inflation are increasing right along with the prices of gas and food - you know, the stuff most of us need each and every single day. And I do wonder, you know, with the January 6 hearings going on and Trump's conduct in the spotlight, all these Republicans who tried to get him reelected, testifying to his conduct, it's hard to see that not taking some kind of toll on Trump in 2024. ![]() Others are making plans for talks in early states. Arkansas Senator Tom Cotton, for example, reportedly gathering donors to take the temperature and see what it would be like for him. And other Republicans are looking to test the waters in 2024. ![]() Republicans still like him a lot but maybe not quite as intensely as when he was in office. But there appears to be at least some daylight in his grip on the GOP. And as for his influence, it's still - you know, he's still the most important person in the Republican Party. He's had more success in open races rather than against incumbents, but he's given everyone a run for their money and made them work for it. MONTANARO: Yeah, it's a little more complicated because of incumbencies here. His won-loss record - I mean, what's it looking like, and what could it say about his influence on the GOP? ![]() MARTINEZ: You know, Trump has endorsed dozens of candidates, so here's a slice of my sports brain at work here, Domenico. So that means there's a potential that in 2024 we could have election-deniers in charge of the machinations of close elections in two pretty swing states. But it's a pretty big deal because we've seen election-deniers running for secretary of state in a bunch of other places, and one was just installed in Florida by Governor Ron DeSantis. And the system was proven not to be fraudulent, of course. 1 priority will be to overhaul the fraudulent election system in Nevada. But this should be circled on everyone's list as a real key Senate race to watch.Īlso, we don't talk a lot about state secretary of state races, but in Nevada, an election-denier won the GOP nomination last night, Jim Marchant. Democrats are confident in their own ability to organize in this state, though, and think that she should hold on. They see this as perhaps their best pickup opportunity. Republicans believe Masto is pretty vulnerable. This really sets up a big race this fall between Laxalt and Democratic incumbent Senator Catherine Cortez Masto. He had Trump's endorsement, but to get it, he went pretty far to the right, backing Trump's election lies and about how the 2020 presidential election, he said, was stolen and conducted in the state. MONTANARO: Former state Attorney General Adam Laxalt prevailed there by a fairly wide margin. Now let's move west to Nevada, where there's a key Senate race now. Now, we should note that Rice's district is more conservative than Mace's, which made his path from the start much more difficult. Rice, on the other hand, said it'd be a badge of honor to lose to a Trump-backed candidate. Mace tried to tow a line, saying she agreed with Trump on policy and expressed affinity for him. Rice and Mace, we should say, ran pretty different races in dealing with Trump. Mace was critical of Trump's conduct on January 6, but she didn't vote for his impeachment, and she survived her race. Rice lost handily to State Representative Russell Fry. He was one of just 10 Republicans to do so. What happened?ĭOMENICO MONTANARO, BYLINE: Trump targeted Rice because he voted for Trump's impeachment stemming from January 6. Trump endorsed challengers to a pair of GOP members of Congress, Tom Rice and Nancy Mace. All right, let's begin in South Carolina. MARTINEZ: Senior political editor and correspondent Domenico Montanaro joins us now to break it all down. The races were the latest test of Donald Trump's influence in the Republican Party and could be crucial indicators for midterm elections in November. His picks did particularly well in Nevada and saw a split on two races in South Carolina. If a candidate had former President Trump's endorsement, they may well have come out on top in some key primary races yesterday.
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