Symbolic imageDemocrats win Senate and House in midterm rebuke of Trump
Democrats won both chambers of Congress in Tuesday's midterms, flipping Republican Senate seats in states such as Texas and South Carolina.
As of Wednesday morning, Premium Times estimated a Senate majority of 54 seats to 43 and 228 to 137 in the House, with many races still uncalled. The six Republican-held Senate seats flipped were in Texas, Ohio, Kansas, Iowa, North Carolina and South Carolina, states where Trump had chosen nominees or campaigned. Reuters reports that Abdul El-Sayed won Michigan and became the first Muslim elected to the Senate, and that Adam Hamilton is the first Democrat elected from Kansas in 94 years. Reuters also reports that Democrat Acton beat Republican Ramaswamy for Ohio governor.
Trump cites Iran war
Trump told Fox News that Iran was part of the reason, citing petrol and diesel prices, and told the New York Times he would accept the results. Premium Times adds that voters were also unhappy with high prices and corruption.
Jeffries likely Speaker
FAZ reports that Hakeem Jeffries is likely to become Speaker when the new House convenes in January. According to FAZ, Jeffries reportedly met Jared Kushner on housing, living costs and immigration, and may have to stop the party's left from pursuing a third impeachment.
Markets react
Markets swung sharply after the sweep, with AI stocks hit and the dollar and gold moving.