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 https://www.ft.com/content/8430fec4-896b-422b-99c0-aed793f92610

 The Republicans will take back control of the House of Representatives by a narrow margin, ushering in a new era of divided government in Washington after Democrats retained a majority in the Senate in unexpectedly close US midterm elections. More than one week after tens of millions of voters headed to the polls in the midterms, the Associated Press said on Wednesday that the Republicans would gain a majority in the House, the lower chamber of Congress, after claiming the required 218 seats. The size of the majority was still unclear as some House races remained too close to call. But it was on course to be significantly smaller than initially expected — a result that weakens the Republicans’ hands while exposing sharp divisions in the party’s ranks and casting doubt on whether Kevin McCarthy will become Speaker of the House. Earlier this week McCarthy won a secret ballot to become his party’s nominee for Speaker, by a margin of 188 to 31 votes. But defections from rightwing members of Congress loyal to former president Donald Trump indicated the rocky road McCarthy faces heading into January, when he will need support from at least 218 lawmakers for the top job. Meanwhile, Trump on Tuesday night formally declared he would run for president for a third time, even as Republican lawmakers privately and publicly urged him to step aside after several of his handpicked candidates failed to win their races in last week’s midterms. The former president has also confronted an exodus of high-profile donors, including Blackstone chief executive Stephen Schwarzman, who issued a statement on Wednesday saying: “It is time for the Republican party to turn to a new generation of leaders and I intend to support one of them in the presidential primaries.” Midterm elections have historically served as a referendum on the party in power, and many Democrats had braced for bruising losses in the run-up to polling day, especially in the House. But Joe Biden’s party did better than expected in House and Senate races across the country, holding on to several crucial seats. Democrats stemmed losses in places like Michigan, Pennsylvania and Virginia, although notably they lost ground in New York and Florida, where the Republicans flipped a combined seven House seats.