Trump blames Democrats for US stock market drop and retirement savings losses

US President Donald Trump blamed Democrats for the fall of the US stock market and a decrease in Americans' retirement savings, citing election results. Trump wrote on Truth Social that the market experienced one of its worst days in history due to the elections, claiming Democrats were responsible for the decline in 401(k) savings. He urged Americans not to fear, saying they would soon become stronger than ever. The statement follows November 3 congressional elections where Democrats gained control of both the Senate and House. Trump initially threatened vetoes but later acknowledged results and expressed willingness to cooperate, while the White House warned Democrats would fail to undo his achievements.