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‘Democrats did a good job’: Trump congratulates Democrats on midterm wins

US President Donald Trump has acknowledged that rising petrol prices linked to the war in Iran contributed to his Republican Party's defeat in the midterm elections. He said voters supported his actions against Iran but were reluctant to pay more at the pump. Trump also praised Democrats.

The recent mid-term elections have sent shockwaves through the world of professional boxing, potentially impacting Dana White's ambitious plans to take over the sport. White, the president of the UFC, has been pushing for regulatory changes to the boxing industry, which are currently governed by the Muhammad Ali Boxing Reform Act.

This act, enacted in 2000, aims to protect the interests of professional fighters by ensuring transparency in payments and promotional arrangements. White and his company, Zuffa, have been lobbying for changes, seeking to create a unified, league-style boxing organization similar to the UFC's dominance in MMA. The potential for regulatory changes post-election, however, casts a shadow over White's ambitious plans.

The controversial bill, awaiting a Senate vote, was expected to sail through the GOP-controlled House/Senate. However, with Democrats now controlling both chambers, the bill's momentum could be severely curtailed. This shift in political landscape could significantly impact White's attempts to standardize and control the boxing industry, potentially weakening existing fighter protections, reducing competition, and ultimately leading to lower pay.

Written by urgent.news from The National Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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