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Last Night’s Election Outcome and Its Impact on the Industry

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Presentation on theme: "Last Night’s Election Outcome and Its Impact on the Industry"— Presentation transcript:

1 Last Night’s Election Outcome and Its Impact on the Industry
Speakers: James P. Bergeron, President, NCHER Vic Klatt, Principal, Penn Hill Group 2016 Knowledge Symposium November 7 – 9, Sheraton Downtown, Nashville, TN

2 Election Outlook - President
Electoral Votes (Nov 1): Clinton/Kaine – 259 Trump/Pence – 164 Toss Up - 115 Source: Real Clear Politics 2016 Knowledge Symposium November 7 – 9, Sheraton Downtown, Nashville, TN

3 Aftermath of the Election - President
New Clinton Administration More than, 6,000 new leadership and political appointees at WH, OMB, ED, Treasury, CFPB, FCC, etc. – with Clinton, some new faces but mostly old loyalists and staff from her time as Senator All new administrations examine recent regulatory actions, and are expected to put their stamp on higher education 2016 Knowledge Symposium November 7 – 9, Sheraton Downtown, Nashville, TN

4 Election Outlook - Senate
Party Break-Down (Nov 1): Democrats – 47 Republicans - 47 Toss Up - 6 Source: Real Clear Politics 2016 Knowledge Symposium November 7 – 9, Sheraton Downtown, Nashville, TN

5 Aftermath of the Election - Senate
New Democratic leadership – Democratic Leader Harry Reid retiring, Sen. Chuck Schumer is next in line Sen. Patty Murray and Sen. Elizabeth Warren expected to be in leadership New Committee Chairs (Murray or Sanders to HELP or Budget? Durbin to stay in leadership or to Appropriations?) New Ranking Members (Alexander or Enzi to HELP? Sessions back to Budget?) 016 Knowledge Symposium November 7 – 9, Sheraton Downtown, Nashville, TN

6 Election Outlook - House
Party Break-Down (Nov 1) Democrats – 190 Republicans -224 Toss Up - 21 Source: Real Clear Politics 2016 Knowledge Symposium November 7 – 9, Sheraton Downtown, Nashville, TN

7 Aftermath of the Election - House
Similar Republican and Democratic leadership, though Speaker Ryan may have difficulty getting a solid majority of votes because of the House Freedom Caucus House Education and the Workforce Committee leadership changes hands – Chairman John Kline retiring, Rep. Virginia Foxx is next in line / Ranking Member Bobby Scott may be offered Sen. Tim Kaine’s seat by Virginia Governor House Appropriations Committee Chair changes hands – Chairman Hal Rogers is term-limited, Rep. Rodney Frelinghuysen is next in line 2016 Knowledge Symposium November 7 – 9, Sheraton Downtown, Nashville, TN

8 November 7 – 9, Sheraton Downtown, Nashville, TN
Questions? 2016 Knowledge Symposium November 7 – 9, Sheraton Downtown, Nashville, TN

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