EDIT: Now, to govern

By Business StandardPublished On Nov 5, 2026

A decisive verdict

The Democrats' sweeping mid-term victory, capturing both chambers of Congress and several governorships, signals a strong rejection of Donald Trump's policies

The voters' message

Rising living costs, high tariffs and soaring gasoline prices amid the Iran war fuelled public dissatisfaction and shaped the electoral verdict

Promises under scrutiny

Democrats propose price controls, rent freezes, healthcare subsidies, clean energy and tariff rollbacks. But the effectiveness of several measures remains uncertain

Economic constraints

America's rising government debt limits room for housing programmes and subsidies. Price controls also risk shortages and a resurgence of inflation

Trump's remaining leverage

Until the new Congress takes office in January, Trump retains executive powers, veto authority and funding to continue his Iran policy

The governance test

Political victories alone will not deliver change. Democrats must build credible policies while navigating a polarised Congress and a determined President