Republican Party

Money Moves

Suffered sweeping midterm losses on November 3 as voter anger over prices fueled Democratic victories

Consumer prices rose 0.4% in October from September, above the 0.3% forecast, and core prices rose 0.3%. The report had no year-over-year figure because the 2025 government shutdown prevented data collection. Gas prices had fallen below $4 a gallon, and inflation-adjusted after-tax incomes had fallen 0.3% in September.

Updated Yesterday

Rule Changes

Lost both chambers; Senate leadership elections face delay

Democrats won the House and Senate in the 2026 midterms and will take control on Jan. 3. They hold at least 54 Senate seats, with Alaska and Mississippi still uncalled, and passed the 218-seat House threshold. Hakeem Jeffries is set to become the first Black speaker; Chuck Schumer will run the Senate floor.

Updated 2 days ago

Rule Changes

Won several firsts, including Florida's first Black governor and Tennessee's first woman governor

For 250 years, no Black woman had been elected governor of a U.S. state. On November 3, 2026, Georgia voters elected Keisha Lance Bottoms, ending that streak and setting off a wave of firsts in governor's races across the country.

Updated 2 days ago

Rule Changes

Lost control of the House and Senate in the 2026 midterms.

Democrats won control of the House and Senate in the Nov. 3 midterms, according to projections from NBC News and The New York Times. The Times reported that Democrats flipped seven Senate seats and overcame a Republican redistricting effort to take the House.

Updated 2 days ago

Rule Changes

Lost the House and Senate in the 2026 midterms; debating a course correction

Democrats won control of both chambers of Congress in the 2026 midterms, taking at least 228 House seats and 54 Senate seats. Republicans now hold 139 House seats and 44 Senate seats, with 34 House races still uncalled.

Updated 3 days ago

Money Moves

Lost both chambers of Congress; Trump remains president

Democrats' midterm sweep first sent the Dow up 3% on Nov. 4, but the rally faded fast. A day later, artificial-intelligence shares dragged the Nasdaq down 5.5% into correction territory. The Dow gave back more than 1,800 points as Democratic governors-elect promised data-center limits.

Updated 4 days ago

Rule Changes

Lost three Southern Senate seats and Senate control

Democrats won Senate seats in North Carolina, South Carolina and Texas in Tuesday's midterms, according to race calls. The wins helped the party take control of the Senate, with projections giving Democrats 54 seats and Republicans 44.

Updated 4 days ago

Rule Changes

Lost Texas Senate seat and Senate majority

James Talarico, a 37-year-old state legislator and former middle school teacher, beat Republican Ken Paxton in Texas's Senate race on November 3, 2026. Final returns showed Talarico with 55.1% to Paxton's 43%, a 12.1-point margin and the first Democratic Senate win in Texas since 1988.

Updated 5 days ago

Rule Changes

Lost House and Senate majorities

Democrats won control of both chambers of Congress on Nov. 3, 2026, flipping at least seven Senate seats and more than two dozen House districts, the Associated Press reported. The Senate wins included Kansas and Texas, where Democrats had not won Senate seats since 1932 and 1988, and South Carolina, where Annie Andrews was projected to become the state's first Democratic senator in almost three decades.

Updated 6 days ago

Rule Changes

Lost House and Senate majorities

Democrats won the House and at least seven Senate seats in Tuesday's midterms, giving them a Senate majority of at least 54–44 when the new Congress is sworn in January 3. Alaska and Mississippi are still counting; Democratic wins there would push the margin to 56–44. Before the handover, the lame-duck Congress must pass government funding by December 11 or risk a shutdown.

Updated 6 days ago

Rule Changes

Lost Maine's Senate seat and the chamber majority

Susan Collins had held Maine's Senate seat since 1996, winning five elections in a state that otherwise votes Democratic. On Tuesday, Troy Jackson, a fifth-generation logger and former state Senate president, beat her.

Updated 7 days ago