Economy and macroUpdated November 4

Trump renews veto threat after Democrats take both chambers

Once Democrats had secured control of both the House and Senate, Trump told Fox News he would veto the bills they introduced, using the threat to push them toward negotiations. As results came in, he posted a photo of a red cap marked VETO, a visual reaffirmation of the warning rather than an action. Congress can override a veto with two-thirds of voting members in each chamber, with a quorum present. Separately, most Senate bills usually need 60 votes to end debate before a final vote; that is a different hurdle, not the veto-override threshold.

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Coverage started November 4