Trump signals he will hold firm on existing policies against Democrat-controlled Congress
![US President Donald Trump speaks during NASA's "Max Power" event at the Kennedy Space Center in Merritt Island, Florida, on Friday. [Reuters]](https://wimg.heraldcorp.com/news/cms/2026/11/09/news-p.v1.20261109.69f68d29bc07439bb9188d1931bd96ed_P1.jpg)
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US President Donald Trump said Sunday (local time) that the Democratic Party's sweeping midterm election victory had set America back.
In a post on his Truth Social platform that day, Trump said the United States had suffered "a historically massive setback as a result of the last election," adding that "even the stock market, which soared like a rocket under Trump, lost $3 trillion in a single day." He was referring to a sharp drop in US equities the day after the midterms, driven by investor concerns over the Democratic Party's plans to regulate the AI industry, among other sectors — a reversal of the boom that had marked markets since his return to power.
"But fear not. We will be back. Bigger and stronger than ever," Trump said. The remarks were widely interpreted as a signal that he intends to press ahead with his existing policy agenda despite the Democrats' new grip on Congress.
Earlier, Trump had foreshadowed his defiant stance by appointing hardliner Stephen Miller as White House chief of staff on Friday. Miller, a staunch advocate of America First policies on tariffs and immigration, was seen as a clear sign that Trump would stay the course regardless of the midterm outcome.
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