Donald Trump was elected the 45th president of the United States, defeating Democratic nominee Hillary Clinton in a race called in the early hours of Wednesday morning, Nov. 9. In addition, Republicans maintained control of the U.S. House of Representatives and U.S. Senate and will now control the executive and legislative branches of government for the first time since 2006.

ABC President and CEO Michael Bellaman released the following statement on Trump’s election.

“Associated Builders and Contractors congratulates President-elect Donald Trump and Vice President-elect Mike Pence and looks forward to working with this administration to craft policies rooted in free enterprise that will encourage open competition and result in greater business investment and more construction jobs,” said ABC President and CEO Michael Bellaman. “With his background in real estate and development, Trump is very familiar with the obstacles to economic growth ABC members face, including our broken regulatory system, the increasingly difficult challenge of finding affordable health care coverage for employees, a growing shortage of appropriately skilled labor and the highest effective tax rate of any industry. We are hopeful that Trump will select judicial nominees that respect the traditional principles of separation of powers, and we urge his administration to implement policies that guarantee a fair and level playing field for all contractors, regardless of labor affiliation, such as prohibiting the government from mandating discriminatory project labor agreements.”

As of 1 p.m. Nov. 9, Republicans held 51 seats in the U.S. Senate and 238 seats in the U.S. House of Representatives, although these figures may change with winners yet to be declared in several races for both chambers. In addition, Republicans will hold at least 33 governorships and 69 of 99 state legislative chambers in 2017.

For additional analysis on what the election results mean for ABC and its priorities heading into 2017, join ABC National Director of Legislative & Political Affairs Liam Donovan as he sorts through the election results in a webinar at 2 p.m. EST, Thus. Nov. 10.