Incoming Senate Majority Leader Chuck Schumer outlined an aggressive legislative posture toward President Trump following Democrats’ landslide midterm election victory — calling him “corrupt” and a “wannabe king” who risks “legislative razor wire.”
Republicans have a packed agenda and only eight weeks before the new Congress begins and Democrats take control. Henrietta Treyz, co-founder at Veda Partners, discusses the House's lame-duck stretch and whether or not Republicans can complete a crowded list of priorities before January. (Source: Bloomberg)
Democrats swept Congress and won in red states. Here are the races that matter most for decarbonization, disasters, and data centers
President Donald Trump’s second-term approach to foreign policy shattered historical precedent. If history is any guide, it’s set to be even more unchained now that Democrats will take control of Congress and fight him at home.
First Deputy Speaker of the Parliament of Iran Ali Nikzad on Wednesday attributed Republican losses in the US midterm elections to Washington's war with Iran, telling lawmakers that American efforts to pressure Tehran had failed. Democrats won control of both chambers of Congress in Tuesday's midterm elections.
Democrats are projected to score a big win in Michigan, with William Lawrence, a liberal climate activist, picking off GOP Rep. Tom Barrett in the state’s 7th District, according to Decision Desk HQ. Heading into the polls, the race was a true toss-up, with both sides spending enormously to make it one of the most…
Washington Examiner columnist Joe Concha said election night was disastrous for Republicans, and that now Democrats have their eyes set on revenge. “We’re going to find out in a hurry that Democrats have no illusions of actually governing,” Concha said Wednesday on Fox and Friends First. “Affordability? That’s going to be pushed to the side […]
The US Senate Democratic leader Chuck Schumer talked to the press after the midterm election results. Democrats are riding their sweep of Congress into a new era, eager to meet voter demands for change with plans to tackle high costs of living and confront President Donald Trump's final years in the White House.
The 2026 midterm elections were a historic thumping of the Republican Party, though they yielded winners and losers from both the Left and the Right. The reverberations from Democrats easily winning the House and Senate will be felt in the 2028 presidential race and beyond. While it remains to be seen if Democrats can carry […]
Hours after Democrats routed Republicans in the midterm elections, Vice President JD Vance blamed his party’s losses on Americans’ frustration over the U.S. war with Iran, which has driven up oil prices at a time when costs are already high.
Democrats took five new seats for a total of 29, giving them a majority for the first time in years. The wins could expand state-level resistance to the Trump administration.
Vice President JD Vance blamed the Iran war for costing the Republican Party control of the House and Senate in his first comments since the midterm election results showed the nation rebuking President Donald Trump’s administration. In a lengthy social media post, Vance dismissed criticisms that the economy pushed GOP supporters to vote for Democrats […]
Democratic leaders have been vague about what their legislative agenda would be if they won Congress, but they do have a long wish list that includes ending the Iran war and thwarting President Donald Trump’s tariffs. It’s unclear what Democrats will make their signature bill. But it’s likely to be an anti-corruption or affordability measure. The […]
Global markets reacted mostly favorably to Democrats taking back control of Congress during the US midterm elections. Stocks and bonds rose as the dollar fell. Bloomberg Television spoke to Wall Street experts about how the races are impacting markets. (Source: Bloomberg)
Democrats clinched control of Congress, but the full scale of the party’s landslide, and Republicans’ losses, remained unknown.
President Trump said he has no plans to change up his Cabinet after Democrats took control of the House and Senate in the midterm elections. Trump, speaking with Fox News late Tuesday night, was asked whether he would make changes to his Cabinet considering the election results. “No, I don’t think so. Had nothing to…
House Minority Leader Hakeem Jeffries (D-N.Y.) is set to speak Wednesday after Democrats secured enough seats to reclaim control of the House in Tuesday’s midterm elections. Jeffries is now poised to become the next House Speaker when the new Congress convenes in January, putting him at the forefront of Democrats’ efforts to challenge President Trump’s…
British Prime Minister Andy Burnham, after Democrats’ sweeping election victories Tuesday, said the world now has an opportunity to come together to fight against affordability concerns. “I feel the world has an opportunity now to unite around the issue that is affecting us all and that’s the cost of living,” Burham said early Wednesday during…
Democrats are riding their sweep of Congress into a new era, eager to meet voter demands for change with plans to tackle high costs of living. How will Donald Trump manage to work with them? FRANCE 24's Ophelie Jacobson has more.
Democrats are making commitments to make artificial intelligence regulation and the investigation of companies a key priority as they prepare to take control of the House and Senate after Tuesday night’s election sweep. Shortly after news broke that Democrats secured a House majority, Democratic Rep. Greg Casar (Fla.) said his party “must make it a…
Democrats have taken back the House and Senate in the 2026 midterms. Here’s what a majority in Congress means for them – and for Trump Tell us: what do you want to know about the midterm election results? Democrats win control of Senate as US voters reject Trump’s agenda US midterm elections – live updates Track live results from all 50 states Democrats have flipped the US Senate and House of Representatives in a massive rebuke of Republicans and Donald Trump’s agenda. With Democrats majorities in both chambers, the final two years of Trump’s presidency will look markedly different from the first half. But what can Democrats actually do with with congressional power? Continue reading...
President Donald Trump congratulated Democrats for doing “a good job” after the party inflicted devastating defeats on his Republican allies, winning back both houses of Congress and picking up several governors’ mansions. But the president, in an interview with Fox News early Wednesday morning, didn’t take responsibility for a long night of GOP defeats. Tim O'Brien, Senior Executive Editor: Bloomberg Opinion, discusses the legacy of Donald Trump, his reaction to the GOP loss, and how he may govern in his final two years in office. (Source: Bloomberg)
Riding a tide of voter angst, Democrats swept into power in Congress, with outrage over the cost of living and the war in Iran leading to a thundering rebuke of President Donald Trump and his party. Gautam Mukunda, lecturer at Yale School of Management and Bloomberg Opinion contributor, discusses the Democrats' sweeping midterm win and strategy for the presidential election in 2028. (Source: Bloomberg)
Markets rallied after Democrats swept control of Congress and scored wins in Texas, but Columbia Business School Professor Abby Joseph Cohen joins Bloomberg Open Interest to talk about why the economic outlook remains uncertain. She points to executive power, the deficit and looming debt-limit talks, while urging a moderate, pro-growth agenda and renewed support for research and global alliances. (Source: Bloomberg)
Outgoing Gov. Brian Kemp (R-GA) has ruled out calling a special legislative session to redraw Georgia’s congressional maps, saying he will respect the results of Tuesday’s election after Democrats captured the governor’s mansion. The decision curbs efforts by Georgia Republicans to redraw congressional districts before the 2028 elections, as Kemp prepares to leave office and […]
Democrat Beau Bayh pulled off a major upset in Indiana’s secretary of state race Tuesday, becoming the first Democrat to win statewide office in the Republican stronghold in more than a decade. Bayh defeated Republican Max Engling in a closely watched contest that drew national attention as Democrats sought to break the GOP’s grip on…
Gov. JB Pritzker (D-IL) published a policy road map on Wednesday for Democrats to use as they prepare to retake both chambers of Congress following the blue wave in the midterm elections. The 75-page document, titled “Fighting for Illinois: The Day One Agenda,” names a number of different policies that the Illinois governor wishes his […]
Evercore Chairman Emeritus Ralph Schlosstein joined Bloomberg Open Interest to discuss what Democrats’ midterm victories could mean for CEOs, markets and dealmaking. He weighs the outlook for regulation and AI investment, warns that the US fiscal path is unsustainable and says the bond market could eventually trigger a reckoning. (Source: Bloomberg)
Following a resounding Midterm election defeat, Is MAGA Losing Its Grip on the Republican Party? Erin Ogunkeye is pleased to welcome Bryan Lanza, Republican strategist and Partner in Mercury's Washington DC office. "The big thing about MAGA was confrontation, in your face," explained Lanza. But following a veritable blue wave, he believes the electorate has delivered a warning: "We need to move beyond that." While Donald Trump has acknowledged the Democratic victory, at times combative, at times conciliatory, Lanza argues that the president must begin his final two years in office reversing damaging tariffs, addressing widespread dissatisfaction with immigration enforcement and navigating a highly unpopular Iran war.
Tuesday’s midterm elections proved to be a nightmare for Republicans, not just in Congress, where they lost both chambers, but in state legislatures across battlegrounds nationwide, marking a sweeping rebuke to red power. Democrats are set to gain governing trifectas in five swing states, where they control the governorship and both chambers of the legislature. […]
Democrat Mary Peltola has taken a slight lead in Alaska’s Senate race by about 500 votes, results from Decision Desk HQ (DDHQ) show, putting a possible eighth flip in the Senate in reach. As of almost 11 a.m. Wednesday, Peltola leads Sen. Dan Sullivan (R) with 48.2 percent to his 47.9 percent with 70 percent…
Vice President JD Vance pointed to voter frustration over the Iran war and the US relationship with Israel as reasons why he believed Democrats were able to seize control of Congress in Tuesday’s midterm elections.
A day after Democrats won the House majority, Speaker Mike Johnson, R-La., told his staff in a phone call that he will not run for minority leader, according to four sources on the call. NBC News' Gabe Gutierrez reports on the GOP's path forward.
Democrats flipped five Republican-held governors’ offices in Tuesday’s midterm elections, delivering a series of stunning victories in states that President Donald Trump carried in 2024 and reshaping the political landscape ahead of the 2028 presidential race. The victories in Texas, Iowa, Georgia, Nevada, and Ohio give Democrats an advantage in the nationwide gubernatorial count for […]
Just how badly did Democrats beat Republicans in the midterms? Bloomberg Opinion columnist Ronald Brownstein breaks down the numbers. (Source: Bloomberg)
Republicans’ crushing setback will play out in stock markets, inflation, interest rates and economic growth Donald Trump’s loss of control of the House of Representatives and the Senate has put the world economy on notice for an unpredictable final two years of his presidential term. After Democrats swept aside his Republican party in the midterm elections, analysts said the prospect of a highly erratic lame-duck president would have significant implications for financial markets, growth, inflation, government borrowing costs and living standards. Continue reading...
Before Democrats take control, Congress must fund expiring health care programs, confirm HHS nominees
After spending more than $440 million on the midterms, the Tesla CEO will face a very different reception when Democrats control Congress.
The Iran war was the reason for the Democrats' blue tsunami that stunned Washington, Vice President Vance said in an X post Wednesday morning. Why it matters: The VP offered a surprisingly blunt assessment of why the GOP got crushed Tuesday night — and started to open at least a little daylight with President Trump's actions as the 2028 cycle begins. Vance's comments come hours after President Trump admitted the Iran war partly played a role in pushing Democrats over the edge in the midterm elections. Driving the news: "The reason we lost is the war. The president himself said so last night," Vance wrote on X . "If you'd like to argue it was worth it, that losing the Senate for the next 6 years was worth it, then do so. Argue it was a worthwhile cost to pay. Agree or disagree, that's at least honest." This is a breaking news story and will be updated.
The Wall Street Journal’s editorial board cast much of the blame on President Trump for GOP losses Tuesday, as Democrats are poised to take control of both the House and Senate. “Republicans may console themselves that midterm defeats in second presidential terms are common. But this was more than a normal defeat,” the board wrote…
Texas flipped blue following the US midterm elections, marking a historic shift for a state that hasn't been led by Democrats in decades. The legacy of prolonged Republican leadership has left a lasting mark, but as Democrat James Talarico said with this election, 'maybe the best colour for Texas is purple.' FRANCE 24's Texas correspondent Andres Espinal reports.
Nasdaq, Dow, and S&P 500 open higher after Democrats take control and Trump accepts results.
Democrats are projected to flip retiring Rep. Mark Amodei’s (R) seat in northern Nevada, per Decision Desk HQ. Democrat Teresa Benitez-Thompson, a social worker and former majority leader of the state House, defeated Republican David Flippo, an Air Force veteran, to clinch the district that encompasses Reno and the entire upper half of the Silver…
Democrats flipped enough governorships to seize a majority, reversing a 26-24 Republican edge and shifting state government power opposite the White House.
Hasan Piker, the streamer tied to Michigan Sen.-elect Abdul El-Sayed, threatened conservatives with jail as Democrats swept midterms Tuesday.
Democrats flipped deep-red districts in Ohio, Iowa and South Carolina, but a brewing moderate-vs.-progressive schism could define the new majority.
Democrats have used deceptive language before.
