The hour was almost entirely about one event. Democrats won both chambers of Congress in the midterms, and the Senate turned on red-state upsets. Josh Turek beat Ashley Hinson in Iowa to supply the 51st seat ^1,2. James Talarico defeated Ken Paxton in Texas ³. Megachurch pastor Adam Hamilton ousted Roger Marshall to give Kansas its first Democratic senator in 94 years ⁴. Troy Jackson unseated five-term Susan Collins in Maine ⁵, Annie Andrews won South Carolina, a state Trump carried by nearly 18 points , and Sherrod Brown reclaimed an Ohio seat ⁶. Texas was the sharpest break. Greg Abbott conceded to Gina Hinojosa, who becomes the state's first Democratic governor since 1995 ⁷. The sweep reached four Texas Supreme Court justices ⁸, and a web report says Democrat Nathan Johnson also took the attorney general's office Paxton held . Elon Musk had spent about $212 million supporting Paxton ⁹. Trump joins George W. Bush as the only modern Republican presidents to lose both houses in one midterm ¹⁰. He said the Iran war was partly to blame but that he does not regret it ¹¹, and he tied the losses to fuel costs during the war ¹². He also said he would accept the results ¹³. Coverage cited prices, corruption and data centers as drivers ¹⁴, alongside tariffs and inflation ¹⁵. The practical consequence is oversight. Incoming Oversight chair Robert Garcia told Republicans to lawyer up ¹⁶, with planned probes into Trump family corruption, DOGE and DHS immigration enforcement ¹⁷, plus the Iran war and the FBI ¹⁸. Trump's promised $5,000 payments, costed at about $1.22 trillion, now need a Democratic Congress ¹⁹. Markets moved on the result. Treasuries rallied as traders anticipated limits on the administration's tax and spending plans ²⁰, and the 10-year yield fell 6 basis points to 4.906% . Global stocks and the dollar slid on AI-related fears ²¹. Tech shares fell further, with the Texas governor result raising data center concerns ²², and Japanese equities dropped ²³. Shares of Musk's companies fell after hours as early results showed Democratic gains ²⁴. Outside the midterms, Trump confirmed strikes on an Iranian anti-aircraft installation as Tehran dismissed the US reply on Hormuz ²⁵. North Korea fired multiple missiles while denying the $6.3 billion Binance theft ²⁶. An Australian inquiry called the $368 billion AUKUS submarine pact the country's worst defence decision and urged suspension ²⁷.