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Trump promised every adult $5,000 if Republicans kept control of Congress. Thanks to the Blue Tsunami, taxpayers won’t have to blow up the debt
Democrats flipped at least six Senate seats and won the House, gaining power over Trump’s nominees and investigations but not his veto.
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According to NBC News, Democrats captured both chambers on Tuesday night, shifting congressional control to them in January. Trump's second term will bring a first: he loses full control of Congress, after a Republican-led Congress largely let him reshape federal agencies, impose tariffs and withhold approved funds. Trump had promised $5,000 checks to adults if Republicans held Congress, yet 57 percent of registered voters in an Economist/YouGov poll doubted he would pay even then. Under the new split, House Democrats gain subpoena power and spending bill control, while a Democratic Senate could block Cabinet picks. Rep. Robert Garcia, the incoming Oversight chair, plans to examine Trump family corruption, including crypto ventures.
Why it matters: The result gives Democrats subpoena power and a stated focus on the president's crypto ventures, which is directly relevant to crypto readers.
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