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Alternative Futures: What Comes Next


2026 U.S. midterm election results

FGS Global’s analysis of the 2026 U.S. midterm elections: who controls Congress, what the results signal for policy, and what they mean for businesses, investors, and organizations in and outside the U.S.


The Alternative Futures framework

Alternative Futures is FGS Global's framework for planning through periods where multiple, interacting uncertainties make a single forecast unreliable. Rather than betting on one outcome, it maps the plausible environments that could follow and asks one question of each: if this were the one that materialized, what would we do differently?

Learn more about the framework that will help you plan through political and policy uncertainty, applied to the 2026 midterms and built for the two years that follow.

A road forking into two paths through misty hills at sunrise

5 uncertainties, 1 interconnected system

Transition

Is the result broadly accepted, politically disruptive, or perceived as illegitimate?

Interpretation

What do elected Republicans and Democrats believe voters told them?

Policy environment

How is power distributed between Congress and the executive branch?

GOP succession

Who inherits Trump's coalition, and how is it decided?

Democratic future

Which theory of political change do Democrats believe can win?

None of these resolve in isolation, and all five unfold against structural shifts already in motion: voter dissatisfaction, technological disruption, and generational change.

With the votes cast, the question shifts from who wins to understanding exposure.


Questions for assessing policy exposure

Direction

Which policies could gain or lose political support?

Velocity

How quickly could change happen?

Mechanism

Will policy move through Congress, the executive branch, agencies, states, or courts?

Durability

How exposed is the policy to litigation or reversal?

Political exposure

Which sectors, companies, or practices could attract scrutiny?

Strategic optionality

Where does the business depend too heavily on one version of the political future?

Running a decision through those six questions answers one question: if this were the environment that materialized, what would we do differently? The answer sorts into four categories: what to act on now, what to prepare but hold in reserve, where to preserve optionality, and what to monitor, with a named owner for each signpost.



Watch the replay: Reading the Signals

Experts from FGS Global and the Atlantic Council explored the geopolitical implications of a new Congress across China, artificial intelligence and technology, and energy. Watch to learn how governments, businesses, and markets can position for the years ahead.

Talk to FGS Global

We start with senior-leader interviews and an executive discussion, not a large-scale scenario exercise. The goal is to find the three to five uncertainties that could actually change your business, reputation, or stakeholder strategy.

Depending on what that surfaces, the next step might be deeper scenario analysis, stakeholder mapping, executive positioning, message stress-testing, crisis preparation, or a refresh of political relationships. We only go deeper where the work shows that different futures would genuinely require different choices.

We also build the monitoring layer: signposts that tell you when the environment is moving away from your current assumptions, with a named owner for each one, so this becomes something your organization tracks systematically.

Talk to your FGS Global contact or reach out to AlternativeFutures@fgsglobal.com to see how this applies to your organization.