Donald Trump · US Congress · Democrats · Fortune Technology
Stock markets celebrate a ‘sharp rebuke’: Trump confirms he will accept midterm losses—but don’t expect defeat to change him
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◎ Multiple-sources
It was a “stunning rebuke” to President Trump.
Key facts
- The results were so sweeping—the Senate stood at 54-44 in favor of the Democrats this morning, with the House at 228-129—that even Trump appears to accept that reality has changed around him
- Texas Turns Blue in Stunning Rebuke of Donald Trump, Elon Musk and GOP,” Bloomberg said
- Trump promised every adult $5,000 if Republicans kept control of Congress
- Susan Collins’ Maine concession could leave New England without a Republican in Congress for the first time since the 1850s
- Catherina Gioino
Summary
Photos from the chaos in Paris (and a reality check for the doommongers). AI debt hits record high, exceeding dot-com era excess. Influencer prank intended to humiliate Red Baron pizza worker backfires in the most satisfying way possible. Voters were sick of incumbents: Tuesday was only the third time in 50 years a party lost control of both chambers of Congress at once - Catherina Gioino. Democrats win both Senate and House: See all of Fortune’s midterm election coverage here.