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Briefings Trump’s $350 billion South Korea deal faces a Democratic Congress testDemocrats gain oversight of investment decisions in January, while Seoul faces near-term pressure from the White House Democrats seized control of both chambers of the U.S. Congress in Tuesday’s (U.S. time) midterm elections, ending unified Republican control of Washington and dealing President Donald Trump a major political setback. The party captured Republican-held Senate seats in Texas, the Carolinas, Kansas and other states, while gaining more than two dozen House districts. Several races remained unresolved, leaving the final size of the Democratic majorities uncertain. The new Congress takes office on Jan. 3, 2027, giving Democrats control of congressional committees, investigations and the legislative agenda during Trump’s final two years. Trump retains his veto power and executive authority © Korea Risk Group. All rights reserved. |





