McConnell discharged from rehab, unlikely to return to Senate before fall

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https://people.com/mitch-mcconnell-shares-photo-from-hospital-bed-reveals-he-fell-had-pneumonia-12016772 Sen. Mitch McConnell, the senior Republican senator from Kentucky, has been discharged from rehabilitation and will continue his recovery at home, according to a report by Fox News. McConnell has been absent from the Senate following a fall and subsequent hospitalization. While he remains in contact with his staff, his return to the Senate floor is not expected before the fall. This prolonged absence has sparked speculation regarding his ability to resume full duties. The current market pricing on whether McConnell will step down from the Senate before his term ends has shown a decrease in the probability of a resignation. The odds of McConnell resigning by January 3, 2027, are currently at 22.5%, down from 28% a day ago and 30% a week ago. This suggests that market participants may be reassessing the likelihood of his departure amid ongoing uncertainties about his health and ability to serve. As McConnell continues his recovery, the market appears to be responding to the latest news of his discharge from rehab, but with caution. The absence of a formal resignation announcement ...

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