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Fortune
Fortune
Sheryl Estrada

UNBELIEVABLE: The midterms wont ease borrowing costs heres what cfos should do now - Caught on Camera

A general view shows the US Capitol during the 2026 midterm elections on Nov. 3, 2026 in Washington, DC. (Credit: Getty Images)

Good morning. What do the U.S. midterm election results mean for finance leaders? With Democrats winning control of both chambers of Congress, companies could face greater scrutiny of issues such as AI investment and data center development. But the broader financing challenges facing finance chiefs extend beyond the shifting political landscape.

“CFOs should go into 2027 expecting sustained higher borrowing costs,” Josh Putnam, EY-Parthenon’s global and Americas corporate finance leader, told me. Financing conditions are also likely to remain volatile, regardless of which party controls Congress.

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