Votes are still being counted and it will be some time before we know the final composition of the House and Senate. For the Senate, we’ll have to wait until the Dec. 6 runoff because no candidate for Georgia’s senate seat reached the required 50% threshold. This means there will be a runoff on Dec. 6 in Georgia for the Senate seat.

Three races will determine the Senate’s composition — Arizona, Nevada and Georgia. The most recent information suggests Arizona will go to the Democratic Party and Nevada to the Republicans, but votes are still being tabulated. The runoff in Georgia may ultimately decide which party controls the U.S. Senate.

The latest data indicates Republicans may regain majority control of the U.S. House of Representatives but the final margin is still being decided. According to the Associated Press, the GOP has gained six seats so far.

Republican control of the House will serve as a check on the Biden administration’s legislative ambitions, which means future policy-making is more likely to be made through regulation and executive orders.

Next on the agenda for the next Congress is leadership changes in both parties no matter the outcome of the outstanding races. The leadership contests will likely dominate the news cycle in the coming months. GPA Midstream will provide updates and analysis as results trickle in.

Matt Hite is GPA Midstream's Vice President of Government Affairs.