Trump calls midterm losses a 'giant step back in history' for US
President Donald Trump called the Republican loss of Congress in the midterm elections a "giant step back in history" for the US, vowing his party would return "bigger and stronger than ever before." In a Truth Social post, Trump claimed the stock market suffered a $3 trillion single-day loss, calling it "one of the worst days in history." He also distanced himself from the defeat, saying he would have won "in a landslide" if he had been on the ballot. Democratic control of both chambers ends Republican congressional power, enabling investigations into the administration and greater influence over legislation and nominations. Trump retains executive powers, including veto authority, which Democrats would need a two-thirds majority to override.