Trump blames Democrats for falling US retirement savings

ua.korrespondent.net (Ukrainian) —

US President Donald Trump blamed Democrats for a decline in the US stock market and a reduction in Americans' retirement savings, citing election results. He made the statement in a Truth Social post on November 6. Trump said the market experienced one of its worst days in history due to the election outcome, claiming that retirement savings accounts (401(k)) had shrunk. He asserted that Republicans were not at fault, but Democrats were, while urging Americans not to fear. The statement follows the November 3 midterm elections, in which the Democratic Party secured majorities in both the Senate and the House of Representatives. Newly elected lawmakers are set to begin their work in early January 2027.


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