House fails to override President Trump's first vetoes of second term

Summary

CNBC's Emily Wilkins reports from Capitol Hill that the House failed to override two of President Trump's vetoes on bills that had previously passed with strong bipartisan support and were aimed at infrastructure projects in two parts of the country. A majority of Republicans voted to sustain the vetoes, including members who had recently supported the legislation, which Wilkins frames as evidence of Trump's control over Congress. The segment contains no market or investment recommendations.

• Trump vetoed two bills that had strong bipartisan backing for regional infrastructure projects.
• The House voted but failed to override the vetoes.
• A majority of Republicans voted with the president to sustain the vetoes.
• Some Republicans reversed their earlier support for the same legislation.
• Wilkins describes the outcome as a sign of Trump's strength over Congress.
• No specific securities, sectors, or investable assets were discussed.