By Kanishka Singh

WASHINGTON (Reuters) – Republican Vice President-elect JD Vance said on Thursday he will resign from his U.S. Senate seat from Ohio at midnight ahead of his inauguration later this month.

U.S. President-elect Donald Trump and Vance defeated the Democratic presidential candidate, Vice President Kamala Harris, and her running mate, Minnesota Governor Tim Walz, in the Nov. 5 U.S. election.

Vance’s Senate seat will now be filled by another person appointed by Republican Ohio Governor Mike DeWine.

Vance’s replacement will serve until a special election is held in November 2026. The winner of that election will finish the remainder of Vance’s Senate term, which had been set to end January 2029.

© Reuters. FILE PHOTO: Vice President-elect JD Vance waves as he attends a joint session of Congress to certify Donald Trump's election, at the U.S. Capitol in Washington, U.S. January 6, 2025. REUTERS/Evelyn Hockstein/File Photo

In his resignation letter to the Ohio governor, Vance wrote that “it has been a tremendous honor and privilege to serve the people of Ohio in the Senate over the past two years.”

Republicans won a narrow majority in the Senate and the House of Representatives in the November elections.


Source link

Best Brokers

Unmatched trading fees, generous bonuses, top notch Regulation Frame.

T&Cs Apply

Risk disclosure: All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage.

Top-Tier Regulations. Unmatched Spreads and Commissions. Trading View is available.

T&Cs Apply

Financial Spread Trades and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.7% of retail investor accounts lose money when trading CFDs with this provider.

Modern and Intuitive Interfaces, Solid Regulatory Frame, and excellent Trading Fees.

T&Cs Apply
Risk warning: Trading derivatives is highly speculative, carries an inherent risk of loss and is not suitable for all investors. Before trading, you are strongly advised to read and ensure that you understand the relevant risk disclosures and warnings.

Highly Regulated. Low Spreads and Commissions. Vast Account Options.

T&Cs Apply

Risk Warning: Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment.