Only two remain in the Republican primary race: Former South Carolina Governor and UN Ambassador Nikki Haley and Former President Donald Trump. With a clear victory in the Iowa caucus and contenders like Florida Governor Ron DeSantis dropping out, the possibility of Trump becoming the GOP’s nominee is becoming more possible for many.
Veda Partners Managing Partner and Director of Economic Policy Henrietta Treyz joins Yahoo Finance Live to weigh in on the ongoing Republican primary races and what it would take for Trump to regain the nomination or even be reelected.
Speaking on securing a win in the New Hampshire primaries, and eventually the party nomination, Treyz believes that the choice is clear “the path forward for Haley is nonexistent and the path forward for Trump is nothing but runway.”
In the general election, according to Treyz, Trump may be a “turnout machine,” but when turnout is high, the Democratic Party appears to benefit more. Treyz notes that Trump “is at his ceiling” in terms of low disapproval ratings and “Biden is at his floor” considering the various economic challenges the US is facing, but this does not indicate a sure win for Trump.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Eyek Ntekim
Video Transcript
JOSH LIPTON: Let's turn to the presidential election. It's now technically a two-person race for the Republican nomination ahead of tomorrow's New Hampshire primary. But our next guest says no matter the results, Former President Donald Trump has the nomination locked up. Joining us now is Henrietta Treyz, Veda Partners director of economic policy and managing partner.
Henrietta, it is always good to see you. So New Hampshire primary tomorrow, Henrietta. But you say, listen, it doesn't matter the showing that Haley has, you think this is said and done. This is Trump versus Biden?
HENRIETTA TREYZ: I get a lot of questions-- thanks for having me, guys-- about you know whether Haley could blow it out, get major leads, and even come in first in New Hampshire, whether that would move my needle, and I just can't find a way. New Hampshire is a quirky state that used to be critically important in a contested primary, but this just isn't one. The path forward for Haley is nonexistent. And the path forward for Trump is nothing but runway.
You got Nevada coming up next and then South Carolina, Haley's home state, and she's getting routed there by double digits in every single poll. So I don't see a path forward for her beyond tomorrow. It'll be exciting to watch, but that's the end of the story for her until potentially the conventions this summer. But that's going to be a Hail Mary pass, sort of a Black swan event that we can't predict at this time.