Donald Trump called the results of the midterm elections for the US Congress a huge step back for the country. The vote changed the balance of power in Washington: the Democratic Party obtained a majority in both the House of Representatives and the Senate. The new Congress will begin work in January 2027 under current President Donald Trump.
Trump also said that after the election results were announced, the US stock market lost $3 trillion in one day. The claim of a $3 trillion loss comes from Trump himself; His words do not establish the reasons for the market movement. He included the extent of the expected losses in his negative assessment of the voting results.
The political outcome of the elections is quite certain: the party opposing the president will control both chambers of the legislative authority. The January change in Congress creates a new configuration for the Trump administration with lawmakers, and his sharp response underscores the importance of the Republican defeat.
Ξeconomy.