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Trump Congratulates Democrats on Midterm Gains, Says He Retains Full Veto Power

US President Trump congratulated Democrats on their midterm election gains during a late-night phone call on November 3, saying he looks forward to working with them for the good of the country. Trump also stated that he holds full veto power. The remarks came in a call with a news channel, in which he acknowledged the Democrats’ advantage in the midterms.

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AI take

The significance here lies less in the congratulatory tone than in the explicit claim of full veto power alongside an acknowledged Democratic advantage — a framing that sets up divided government as a negotiating posture rather than a concession. It matters for anyone tracking US legislative risk, since spending, tax and regulatory files that touch digital assets and tokenized markets all run through that veto threshold. Whether the conciliatory language and the veto assertion coexist as bargaining signals or hard lines is the open question to watch.

Generated by AI for reference only.

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