Plus, allowing Americans easier access to their own money, and a new chapter for China-Africa relations.
Why Donald Trump won and Kamala Harris lost Donald Trump swept the swing states, improved his vote share just about everywhere, and garnered an outright majority of the popular vote—something he did not achieve in 2016. These gains are more than incremental; they may signal a new era in American politics, writes William Galston. In an early analysis of the results, Galston offers his assessment of both nominees’ strategies and what may happen next for both parties. | More research and commentary Allowing Americans easier access to their own money. “Why can Amazon get almost anything in the world to your door faster than your bank can move money? It’s because the Federal Reserve allows banks to sit on your money and profit from that.” In a new op-ed for Fortune Magazine, Aaron Klein urges the Fed to follow the law requiring the hold period for checks to be reduced in line with available technology. A new chapter for China and Africa. The Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) was the most significant diplomatic event for China this year. Yun Sun discusses China’s $50.7 billion financial commitment to Africa, the reality of China-Africa trade relations, and more. | About Brookings The Brookings Institution is a nonprofit organization based in Washington, D.C. Our mission is to conduct in-depth, nonpartisan research to improve policy and governance at local, national, and global levels. If you were forwarded this email, sign up for the Brookings Brief to stay updated on our latest work. | The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars. | |