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Democrat Doug Jones won Alabama’s Senate race on Tuesday, giving his party a rare victory in a deeply Republican state and weakening the GOP’s Senate majority. Jones won by a margin of just under 2 percentage points.
Republicans in Congress say they are nearing a final agreement on a tax bill. They hope to have a reconciled plan by Friday, followed by a vote next week.
The US Federal Reserve is expected to raise interest rates for a third time this year on Wednesday, to a range of 1.25% to 1.5%.
“I am truly overwhelmed...I have always believed the people of Alabama have more in common than divides us.”
--Doug Jones, Alabama Democratic Senate Elect
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