Trump tells voters ‘you only have yourselves to blame’ in Truth Social rant after stock market crash: Live updates

President Donald Trump responded to a sharp Thursday selloff on Wall Street by faulting Democrats and, in a second Truth Social post, the voters themselves, telling them they "only have yourselves to blame." The Nasdaq Composite fell 5.52 percent, the S&P 500 lost 4.36 percent, and the Dow Jones Industrial Average shed 1,833.06 points. Trump tied the drop to the midterm results, said Americans' 401(k)s had lost value, and predicted a rebound, according to The Independent.

The Independent reports that Democrats won control of both chambers of Congress. Ballots were still being tallied in Alaska and Mississippi, but the party was on track for a 54 to 44 Senate edge and a projected 253 House seats against 157 for Republicans. Senate gains came in places such as Texas, Kansas, South Carolina, Ohio, Maine and Iowa. In Texas, James Talarico beat Ken Paxton, collecting 5,444,982 votes to Paxton's 4,249,373, according to state data.

The outlet also describes turmoil inside the administration, with reported talk of Trump possibly dismissing Defense Secretary Pete Hegseth and of Secretary of State Marco Rubio being on "resignation watch." Trump posed in the Oval Office with a cap reading "VETO."

Summarized by PolitiKool from The Independent’s reporting. Read the full story at The Independent →