239. DEMOCRATS SWEEP CONGRESS: WHAT'S NEXT FOR TRUMP?

As it stands at 2 a.m. Eastern time, 7 a.m. UK time, voters have delivered a stinging rebuke to President Trump and the Republican Party. As the Democrats flip, seven seats with Michigan called by Fox, but we're still waiting on that one, and Alaska still to be called even deep red, ruby red, Mississippi could be in play. Results there are on a knife edge. I didn't have that in my projections. Projections in the House, meanwhile, could see the Democrats reaching over 240 seats. Currently, they have 225 to the Republicans, 129. They needed 218 to win. I asked you two hours ago, let's do another quick whip around now in one line, what is Donald Trump amanda thinking at this moment? Well, if he was scared at the beginning of the night, he's definitely worried and scared now. And there's no doubt people are going to be fired up to figure it out. How do we bring accountability back? How do we bring and make sure we have affordability? All these things that he has not had on the table. I think now you're going to see a different kind of Congress show up with these kinds of numbers. And I'm going to ask you a slightly different question, not how President Trump is feeling. How are they feeling in Silicon Valley right now? People in Silicon Valley are terrified. No question about it. What about specifically? What's worrying them? Well, they've spent the past two years kissing the president's ass to put it in as lightly as possible. And I was always so surprised by this, the way that corporate America decided to become the sick of fans to the president. Because to me, that was always very risky. It was always a risk that something like this would happen. For some reason, they just assumed that because of the election result that we saw in 2024, suddenly this is their time to say, okay, Donald Trump is the greatest. But to me, for whatever reason, they thought that that was the safe bet. I don't know if they actually believed in what the Trump was doing. I don't think they actually did. But they thought, okay, I need to hedge my bets. I need to protect myself. I'm going to go into the White House. I'm going to present the trophy. I'm going to sit with him at dinner and I'm going to have my love. Now they're seeing that actually that was probably the wrong move, strategically speaking. This episode is brought to you by E. Toro, a tariff, a spending plan, a regulatory change. It can all start just as the first line of a speech. But it sets in motion things that can reach far beyond Washington and unfold for years to come. That's right, Cady. Mark has moved on expectations. Not just events. Investors are constantly weighing. What a decision could mean for companies, sectors and the wider economy. So E. Toro is an investing platform where you can access a wide range of markets and explore how political and economic developments could affect them. You could also learn from the global community of investors and see how people around the world are interpreting the same news. As with all investing, your capital is at risk. See E. Toro.com/trippus for full terms. What I'm confused by is why didn't they see that earlier? To me, it was a layup for people in place. I was going to ask you, yeah. The consultants that hang out with the Brawler Garg said, you're in a lot of trouble. I just read the 900 pages of Project 2025 and Trump hates every single one of you. Right. And he's going to move to break up your companies and he's going to move to destroy you. He's going to have a one to two year window where he can totally destroy you, your family and your company. However, Trump is a transactionalist. So if you show up, carrying favor millions of dollars, and Cady knows this because they did this to the morning show guys, they put him in the service entrance at Mar-a-Lago. So Mark Zuckerberg went to see Trump right after the election. He's waiting for hours in the service entrance. And when he went in there where this cup in his hand, he said, whatever you need, Mr. President, and they start writing checks because their political consultants told him, he's going to smash your business. Okay. So now they're sitting there saying, okay, we had to do that for the first two years. Now, how are we going to find our way back? And so the guy that I respect almost more than anybody other than Ken Langone in the world of finance is Jamie Diamond. Because what did Jamie Diamond say? Jamie Diamond said, I'm not going near the ballroom. I'm not going near this or knowing near that because people are going to look at that in one or two years and say, what the hell were you doing? Yes. But those guys needed to do it. I'm telling you because they were going to get destroyed by Trump. Well, I think it backfired. And I think what we learned over the next two years is that we learned just how spineless America really is. I mean, watching a lot of these supposedly powerful people who should be empowered to do whatever they want. If you have FU money, you should be saying FU if that's what you believe. You don't want the FU money without being like this. You see, you and I are going to be a lot poorer than those people because we're more principled. You're not going to get the FU money unless you act like that, that hopeless equivocation and that unbelievable level of ass kissing and that stupid ruthlessness with no moral center. You're going to have the money. Let's shift. I don't want the money for that. I don't want to talk about the strategy of being spineless as a politician because as you say, what is JD Vance going to do? What are a lot of these Republicans who were spent the last two years? After they before that said that they were never Trumpers and suddenly they fold, they flip. And now what are they supposed to do? Because in my view, I don't think anyone's going to believe them at this point. I don't think they're going to buy it. I think they destroyed that political career. They're going to be a new candidate. See, I believe that and there's going to be a new candidate for the Republicans that is not even on the radar right now. This guy's going to say, JD Vance, no way. Marco Weathervane Rubio, I'm really sorry. A month ago, Pete Hanks said, Kadi Kadi, he was saying he was one of our president. You think Pete Hanks has run over president in 2028? It's going to have to be a clean sweep because it's all on tape. Okay, let's bring in our political strategist and forecaster Craig Koshishin, who has been following the results closely over the last few hours. Craig, it looks like Michigan has gone Fox News is calling it at the moment. Adelaide has been speaking on television. Is that what you would have thought? Is that where I'm a little surprised that the vote perhaps took so long to count in Michigan, but is that where you would expect it to go? I did. Michigan is a bluish state. It's not, it's purplish at best. And that's a, that's a hold. That's not a pick up. But then again, you know, we've been running very bad candidates on the Republican side as you all know. And they paid the price. Now, what happened, what has to happen in the future is that the Republicans have to pick somebody outside of the Trump orbit to really reclaim the mantle of greatness. Reagan won, I was with president Reagan. He was my mentor. I was 23 years old working in the White House. That guy was the model of humility. He won 49 states in 1984 with a smile on his face. We need somebody in the Reagan-esque fashion to pick up the baton and run with it. The folks under this Trump and minister, they're all tainted now. And I think that they're going to be repudiated if they start to follow their master's lead. Those days are now gone. They're behind us. Right. Hopefully we'll learn. One second, CNN is reporting that Mary Peltola is neck and neck with Dan Sullivan up in Alaska. Alaska, of course, uses ranked choice voting, which means that voters can pick backup options. That means that it could take a little while to sort this out decoy, Dan. So famous has 1.6% of the vote. So we may not get the Alaska vote for a while, but it doesn't really matter. They've got a healthy majority in the Senate already. I want to ask you something good. I want you to assess for me, JD Vance and Marco Rubio at this hour. And I want you to say, I want you to give me a scouting report. I want you to put on the general manager. And we're going to start drafting people for two. These are my draft picks for 2028. So tell me what their assets and our abilities are from a polling perspective. The cigar is come out. They're enormous. They're enormous. They're enormous. And guess what? They're not going to, they're not going to disappear. Those guys followed the leader. The Trump White House has a problem with arrogance. And they haven't learned to use the word humility in anything. And those guys should have known better, but they didn't. And now the Republican Party has to rebuild from the ground up for a presidential run that could be potentially successful if they pick the right guy. Now, Pete, hexath, I'll be blunt. Let me be really transparent. They needed to rebuild the military. That should have been their focus. Instead, he's running around doing, you know, gymnastics and whatnot. He lost sight of what the US military should be. It's a weapon of war. And you don't use it. You don't deploy it unless the mainland is threatened and it wasn't. So he deserves a fate of loss. and he's gonna get pushed out. He's gonna be the sacrificial lamp. So we know that. Rubio is, as you've said, about as reliable as a weathervane in a Miami hurricane. He's gonna spin around and around and around. I have no idea where that guy's coming from. I don't like being so blunt with people I've just met, but right now all my gloves are off. - Take another plug, so that's the goal why you saying this stuff though, please. - Get the cigar. - Yeah, I am, and I'm enjoying every, I'm enjoying it, this is a 1988 Sir Winston from my human door now for Dunhill. You're more than welcome to visit it when you're in London, while you're in London now. So here's what has to happen, because they broke my model of success for Republican presidency. They should have focused on kitchen table top issues and nothing else. That's what the American people wanted to hear and they did not listen to this. Now we have to rebuild from the ground up. And those guys, those who are mentioning guys they're dead as ducks running. So it's gonna be a fresh taste, hopefully, hopefully a woman that opens up a whole new corridor for Republican presidential politics. We'll see, but the rebuilding starts now. The rebuilding starts out, but let me offer one caveat. Catty and Anthony, I've been a keen observer of presidential politics for 50 years since I was a kid. And I started in the White House at 22. For many Scar Mucci units, by the way, I was there. So with that said, they need to understand humility and they need to pick a fresh base. And they have to understand that Americans, hardworking Americans, of all classes, of all races, of all religions, just want to be safe in their homes and they want to be able to improve lives for their children and their grandchildren. That's it. It's a very simple equation. It really truly is. And we failed on that. And that's why we got the beating we just did. Now, the Democrats, if they started going off on a tangent for prosecutions and retributions, they're gonna follow the same trap that they did before and they'll lose. They'll lose it again. So, what you'll start to see, and this is my prediction moving ahead, lots of volatility moving forward. Presidential elections will be 50 state affairs. I think the deep South is in play. I don't think Mississippi's on the table. That's just an aberration. So with South Carolina, that was an aberration too, because the Republican governor won. But Texas is in play. For sure, I think Florida is creeping up and the Republicans better wake up quickly before they lose a national mandate. That's my, and I hope you don't mind my elaboration right now. - Love it, great. - That's all I see. - I'm loving the cigar. - Keep the gloves off, because you need to smoke the cigar and smoking gloves. - Yeah, I'm loving the cigar. - I have a smoking jacket. I have the hole on some one. - I want you to look at it like Scott Mucci. I'm a former investment banker. You know, I'll tell you, I'm a capitalist, but I'm not a Craven capitalist. And the Republicans had to move from the Wall Street perspective to a main street perspective, and they've lost that. They've lost that. - And they've probably got to get out of the Silicon Valley perspective as well. Okay, Craig, thank you very much for joining us. That was super helpful. - I'll be back on. - Okay, enjoy that cigar. I actually can't smoke a cigar. I would love to try, because it looks cool, but I'm-- - Don't try. - Don't start, it's more expensive than crack. - So, so please, man. - I'm going to go to the fifth stop champagne. - We're going to be, we're going to have some champagne tonight. I might even just drink it. - Go to the jungle room, have fun. Good night, guys. Thank you so much. - Good night. - Bye, Craig. Thanks for joining us all night. - I want to say that Cady had this great video. We were touring a few weeks back. Did you have this great video of Trump getting up there and what was he saying? - Vote. - Yeah. - Vote for me. - As if I'm on the ballot. - I am on the ballot. - The American people said, okay, exactly what we're going to do on election day. We're going to vote like you're on the ballot. - In fact, they are going to turn out in record numbers to vote as if you are on the ballot. A little few tips that are coming in. The AP vote-apole suggests that the big driver was Trump, as we've just been saying, roughly 10 and 6 in 10, saying the disapprove of how he's handling the presidency up in New Hampshire, where we thought that might be an upset for Democrats, not the case Chris Papas has been elected. He'll be the first openly gay man to serve in the US Senate. I'm actually surprised that he's the first openly gay man that's surprising. And we've got the first Native American female governor, Deb Holland, who was, of course, interior secretary, under Joe Biden, who's been elected in New Mexico. And 40,000 of you are watching us live. So thank you for waking up. - We're not counting on election results. Do you agree on was an openly gay? - No. - Okay. - No, I'm just asking, I know. - No, no, no. - Okay. - I mean, not openly. - Okay, all right, I'm sorry, I thought. - It's been circulating well, can we do that? - Okay, we're going to take a quick break and we'll come right back. (upbeat music) - Welcome back to this live stream of the rest is politics US and the midterm results. It is 715 in the morning in the UK. That is 215. On the east coast and I can't do the math for anywhere else. We've been talking about who won and why. And now the question for anyone with a pension, with savings or investments, this was the driving factor of this election. It was all about money and how people felt. They didn't have enough money in their pockets. So how are businesses and markets going to respond? Ed, this is your world. You live in markets every day. Your friends on Wall Street, what are they gonna, are they gonna wake up in a panic this morning? Are they gonna wake up and think, okay, well, maybe we've got normal service resumed? What's their reaction gonna be? - I think we're just looking at some of the pre-trading right now and stock futures are declining. And I think the main concern that a lot of people on Wall Street are gonna be panicking about is that the AI trade is going to start to come to a stop. And the reason they're gonna be so worried about that is that they're gonna believe that because the Democrats have swept, we're gonna see a massive crack down on data center construction. I think one of the more important elections was the gubernatorial election in Texas, where Hosa won that election and one of her policies is that she wants to have a pause on data centers before we come up with sensible regulation. A lot of people think that the Democrats are gonna be extremely stringent on AI. I think what I believe is a false perception about the Democrats that they just want to abolish data centers altogether. From what I've seen, that's actually not the case. What they want is sensible AI regulation, which is something that the American people want at the same time. And plus, you're not gonna get past the local communities anyway who are saying that no, we're not gonna have these data centers built in our communities until we know that we're gonna reap some of the rewards. So I think initially there's gonna be a panic they're gonna say, oh my gosh, data centers are being shut down all across the country. AI is over. And then I think I'm gonna start to digest and realize actually these people are more sensible than we thought. - Your Wall Street buddies, Anthony, what are they making of this? - Yeah, I think it's right. I think there's a lot of Wall Street people that will be muted about Trump or quietly support him. I was actually at a dinner here in London two nights ago where I would say half the people there were cheering on Trump and they think it's wonderful that all this volatility that he's created they're making money. You saw record profits at some of the very big banks, but I also think it's gonna be right that a mixed government, and this is effectively still a mixed government is much better for the markets long term. And remember, if there's some type of relief on the tariffs and there's some type of relief on the war, that's gonna be usually positive for Wall Street, usually positive for America. So again, maybe there's a reset button here. These two years have not gone well for Trump. He said on Fox News tonight, though the best two years in the history of the American presidency, let me give everybody a news flash, okay? They're not the best two years in the American presidency. In fact, they're probably the worst two years of the last 30. And he's also racked up a tremendous amount of deficits spending, which has Wall Street concerned. So maybe this will be a control mechanism that helps us. - Is there an argument to be made that we're no longer in a situation where it is as simple as that you can say. The Republican Party is the pro-business party and the Democrats are the regulation party. Because actually there are some issues, and AI is one of them where and antitrust issues around big tech, where you've got these weird alliances between people like Bernie Sanders and Steve Bannon, speaking at the same AI conference. And could it be that actually, JD Vance is no friend of big tech in some ways? Yes, he's friends with Peter Tiel, but he's also in favor of a certain amount of regulation of breaking up some of these big tech companies. So could we be in for a period where alliances are being made across parties on certain issues that scramble some of the traditional thinking? - Yeah, I mean, listen, the answer to that is yes, but again, not to bore people with economic lesson in history here, but breaking up those companies. would be the best thing that we could do for the economy. - Yes. - And it would unleash an untold amount of innovation. Those companies don't want to get broken up because they have monopoly power, they have pricing of power, and they can absorb their competition, which makes it harder for people to grow. But we do know that when we break up monopolies, it unleashes a tremendous amount of technological innovation, and it also creates a flatter system. I don't have the ear of those Brawler garks, but I would be saying the Brawler garks, you're worth billions of dollars, calm down. You can't eat anymore. How many more yachts are you gonna water ski behind? Take a chill. Let's help the American people, and let's lay out a framework of convergence so that the bottom part of the country doesn't feel as left out. And if we do that, you won't have anger-based populism, but you'll have pragmatic policy that'll be healthy for the country. - Yeah, that is. - And so that's what has to happen, but you know, Catti, they're not gonna wanna break themselves up. - I see, I see have no incentives. - You need a Teddy Roosevelt who broke up the Rockefeller Trust, who smashed in the JP Morgan, who punched at the railroad trust and said enough. And of course, just to remind people, where one was the Volstead Act? Well, that was also under Teddy Roosevelt, where he said we're gonna take the money out of the political system. And of course, Citizens United in January of 2010, repealed the Volstead Act. And we need to get rid of that as well. And if Elon is listening, dude, 500 million, I mean, I know it's a drop in the bucket for you, but that was a ridiculous number to spend to get absolutely nothing out of it. And I think there's another big message there. I don't think the American people want billionaires pushing their weight around on the scales of the political system. And so that's something that also has to happen. - I think James Talleriko picked that up really well when he made that closing argument about Texas is not for sale and pinning this on Elon. And if he'd lost, if Talleriko had lost Texas, you would have seen other multibillionaires around the country thinking, okay, I can buy up states as I need to. And I think this is a repudiation, I hope. And a check to other multibillionaires to think, is it worth me spending so much money to try and buy up the states? But that point about the K-shaped economy and the growth of income inequality in the country. I mean, we have the markets booming. We have the, as you're saying, you've got fears from people you know in Wall Street saying, this is gonna be a check on the AI boom and the billionaires are not gonna get even bigger billionaires. But actually, that is what's behind this election result. This has, there has to be a halt to this. There has to be some kind of realization that the country can't keep having a system where some people are becoming trillionaires while others can't make rent. And the arrogance of data centers was really the culmination of that, right? There was not even trying to talk to the American people about why a data center was there. All of a sudden it just shows up. >> The sharks. >> It makes- >> They don't like this. >> Right. And it makes noise and your utility just bill went up and you have to deal with that. I mean, the arrogance of that moment. Now, that's in juxtaposition that on January 20, 27, all of a sudden Trump's big beautiful bill is gonna be implemented where Medicaid policy, healthcare people are gonna start to lose it. Snap benefits are gonna get harder, which is food assistance is gonna get harder. And I think the first call to action will be what are Republicans gonna do about that moment? What are Democrats gonna do to make sure people have healthcare, food, and housing? And so this train is coming at them very quickly, starting January 20, 27. So I'm very curious what people are gonna do about what was called the big beautiful bill and how beautiful it looks when people wake up tomorrow morning, when people wake up on January. >> Okay, before we get to our next guest, let's take a quick look at what we know so far. The GOP is reeling from a blue tsunami where the Democrats picking up seven Senate seats for a strong majority of 53 to 42. Soon to be called Michigan, which could make it 54. And even Ruby Red Mississippi looks like it's in play. Could we be getting to 55 for the Democrats in the Senate? In the House, the Democrats also have the majority picking up 27 seats for a total of 227. So at the moment, they've only got the majority of nine in the House, but some seats still to be called. 134 for the Republicans. Let's go to former Trump advisor, Brian Lanza, to talk about what the president's first moves could be after this election, Brian, well, good to see you. You and I spoke just a week ago. You told me this was going to happen. You told me it was going to be a bad night for Republicans. Did you expect it to be quite this bad a night? >> No, I never thought we would lose South Carolina, but I guess that's what happens when it wave hits. It means all these more general races or all these tight races, they just get overtaken. And that's what happened. >> What surprised you in particular? Which races, which demographic groups, which shifts of surprise in particular? >> Yeah, I think the two big things that surprised me, before we get to the candidates is the policy areas where Democrats are now more popular in immigration than President Trump. And the national debt, those are two issues that Trump had dominated for a long time. And those are two issues that at least what we saw from the exit polls that he has lost significant support. He's under water. And I think that's the two biggest things that surprised me. As for the races, I mean, like I said, South Carolina was a shocker to me. The fact that Mississippi is where it is tonight. I think it's what 27 votes. That's another shocker. But listen, I expected it to be a tough election year the day after Trump won his second presidential race. I just didn't expect it to be this bad. So Donald Trump's already been on Fox News saying, this is not his fault, it's not a repudiation of him. He was not on the ballot. What do you think he's actually feeling and thinking tonight? >> Yeah, listen, he hates losing. And I think in a way you look at it, he's the leader of the Republican Party. And he's just now lost a Senate, he's lost the House. I think he looks at it very frustrated. From what I hear, the next two years are gonna be more challenging ever. It's not gonna say he'll be still amazed. I think it's gonna seem more executive action out of the administration, more interpolicey work. But I'm sure he, I'm sure with the results this morning, he's frustrated, very frustrated. >> Ryan, you and I have worked together. I think you put me on the air more than anybody. I don't know if I should thank you for that or choke you. I'm not exactly wrong, but I want to-- >> I thought I had that. >> I thought I'd put you on the air. >> Well, that's not it. He predates you, he predates you. >> No, he predates you. This is when you told me it was one hour a week and that meant one hour a week. >> This is my mychalewis. >> One hour off a week. >> But Mr. Lance, I gotta ask you this question because you know I talked to all these MAGA people and just three or four people coming in on my text messaging saying that the knives are out. And I said, well, the knives are out for who? The knives out or the knives out for Trump and MAGA? And by the way, you're not on CNN, hold on. Let me stop you. You're not on CNN, unplug a little, let the gas out a little bit. Don't be all, you know, but with the blockiness, you know, just tell us the truth. Are the knives out for Trump? >> By whom, right? Like, I think that becomes a question. There's whether the knives are out for him or not. I think the knives are out for every American president, you know, we are in the partisanship of politics today that the knives are ever up. But, you know, where does it matter for Trump? I think if the knives were out for Trump, you know, you're talking impeachment. And I don't think that's on anybody's mind right now. It's certainly not on the Democrats. So do I think the knives are out internally and staffing? Of course, you know, it's, listen, politics is a tough sport. There are sharp elbows at every turn. I think everybody knows, you know, at the end of the day, whether it's Trump, whether it's Obama, whether it's Bill Clinton, you still have to put, you know, some points on the board. I mean, Bill Clinton fired his political leadership when he lost the midterms. Like, these things happen and he'll make adjustments. But sure, the knives are out amongst them. Brian, CNN is just, CNN is just called Michigan for outside, by the way, it looks like it's like 52, 46. So that's another state that has gone held by the Democrats, but it gives them an even bigger majority. Can I just, that question though of Antony's? Can I phrase it another way? Are the knives out for the president within the Republican Party? Are we going to start to see more Republicans distance themselves from Donald Trump? Publicly, because we know they've been doing it in private, but are we going to start seeing them do it publicly? I think what the Republicans are all doing to do is they're going to sit down and say, what do we need to do to win in 2028, right? And if they've made all of them, you know, if they've made the decision that knifing their leader, or their former leader, you know, thinking about the past, working about the past, and that's sort of working about the future, yeah, you know, that becomes challenging. I think that's a waste of time. I think what the best things about elections is the very next day you focus on the next election. But guess what? The next election doesn't have Donald Trump on the ballot. The next election is a contrast election. It's a contrast election, normally between Republican policies and Democratic policies. And I take that bed any day, especially with the emergence of a Democratic socialist party. - Okay, we've got Ed Elson with us, Brian. - Hi, Brian, what do you think is the right move for the Republican party? I mean, if you're trying to make a run in 2028, should you be denouncing the president? I mean, we can ask the question of will it happen? Is that actually going to be one of a lot of these Republicans do? Much seems to believe that the dissantists might do that. What I'm trying to figure out is what is actually the correct decision? Is this the moment where you say, okay, this is the end of MAGA. MAGA is behind us, I denounce it. Or do you say I ignore it? I kind of pretend it didn't really exist. Or do you continue to embrace it? What do you think is actually the correct decision? I mean, it's not the end of MAGA. MAGA is a particular thread of the Republican Party, just like the Tea Party is a particular thread of the Republican Party, just like Socialists is a particular thread of the Democratic Party. Nobody has to denounce MAGA. I think the viewpoint or setting up viewers that something needs to be denounced by MAGA is an unreasonable expectation. There's nothing that needs to announce. Let's look at what MAGA has done and then they'll list their crowning achievements there. I think if I'm JD and for the record, I worked for him, I was insulting to his super PAC when he ran for U.S. Senate and won. If I'm JD, I have to have the conversation with the president. It's like, ultimately, what do you want, Mr. President? Do you want to make sure that a Republican candidate wins and can continue to legacy, can protect, you can do all these things? Or do you want to have the Democrats come in here and undo everything like you did to President Obama? And I think if you have the president on your same page, I think they're fixes. I think Anthony talked about it pretty easily. tariffs. That's something he has absolute control over. He can do with an executive order overnight and then the war and then the much more complicated issue is going to be the war with Iran, but I think if you take those two issues and one can be done executive order overnight, I think you see the Republicans in a strong position. Again, let's remember, presidential elections are contrast elections. Right now, the front runner for the Democratic Party is Kamla Harris. I'll take that bet. So, Brian, I have a question for you. Trump is known for the loyalists around him. How does he wake up tomorrow morning with those loyalists around him in thinking about how to move forward? What do you think happens to a peat or all those he brought around him in this moment? You know, I think the Trump that I know will assess what took place and try to figure out what the fix is, at least from a narrative standpoint, right? And so, I think the question becomes, as everybody's knife in each other right now, who sort of step forward and says, this is the person who needs to go, right, is it Hegseth who's calling March a Blackburn to see if he can be appointed to the U.S. Senate and say, hey, I'll be the collateral damage that leaves here. Is it Howard Lutnik, right, if we're dealing with it, if we're going to have more and more conversation as an investigation as a corruption, does it make sense for Howard to go, which is somebody who the Democrats have targeted, and said they're going to be investigated? I think Trump is going to look and say, listen, my policies at the end of the day are still popular. Deporting illegal criminal aliens is still a popular position. Deporting illegal aliens is still a very popular position. The implementation went sideways, right, I think what I had read in some of the media reports and it was a tough statement to respond to is, Obama deported more and killed less. That has to change, right? And so, I think there are components there that you can see a quick turnaround, but I think the challenge, listen, there are several challenges, but I think the quick thing you can work forward with MAGA and how it's integrated and how this sort of presidential elections are a reflection of that current president. And so, I don't think the voters want that same harsh tone that you saw at President Trump. I'm hoping they're looking for a change. And I think the Republican and the Democrats sort of step up to that will likely be rewarded. Okay. Brian Lancer, thank you, Brian, for staying up late for us. Get some sleep. Let's see you Brian. Good to see you. Glad you got your ass kicked and I don't. I'll be honest with you. I do love you. Listen. But I'm glad you got your ass kicked. And we're kicking you in the socialist ass in two years from now, so don't worry about it. I'm just trying to hang out with a reform based people that want to kick Trump's ass. Who's taking stakes and come away? Who's taking stakes? You know, you're my favorite MAGA person, Brian. Yeah. All right. You're the first person to ever call me MAGA. All right. Well, you know you are. And I know you are. But I love you. All right. All right. OK. As we have heard the news, I'll say it's when let's take a quick look at what he's just said in his victory speech. Habibi. I want you to let them know. Let them know that we together fighting for something bigger. We won. So Mike, enjoy your retirement. I know you got a house in Florida and two yachts. See, you chose, hey, and Michigan chose hope. May we never have to see the likes of you in the state again. OK. So we've been speaking a lot about the Republican Party, but Amanda, we should talk about the future of the Democrats. I have had Democrats say to me, Democratic strategists say to me that the Democrats would not have been heartbroken if Elsaid had not won Michigan. But they are aware that they're going to have a 12-seat, very progressive caucus in the House of Representatives and having another very progressive senator was going to make life difficult for the top of the Democratic Party. I'm not saying whether that's right or wrong. It's just what I'd heard. And that they would have been quite happy picking up five other Senate seats and leaving Elsaid up in Michigan and not winning that seat, not keeping that seat. There's a civil war now breakout in the Democratic Party between the centrist and the progressives. You've got a very different coalition. You've got Abdul Elsaid up in Michigan. You've got Adam Hamilton in Kansas who only became a Democrat this spring, who very much calls himself a conservative Democrat. How do these two factions work together in the Senate to get things done and also find a way to take the direction of the party into 2028 and find some kind of leader who is going to keep both sides of the party in the tent? Stay on economic mobility. The answer to this story is economic opportunity. No matter who you're talking to, what area you're in, conservative or progressive, everybody has in this election cycle talked about economic opportunity. Now deliver on that. And if Democrats can stay focused on that, they've got it. Whether you're talking about who won in Michigan or who won in California, that is a central issue. And Democrats know what it's like to lose a coalition. Everybody remembers the feeling of when all of a sudden Trump and the Republican Party had the coalition of working class that Democrats had a pride in building for a long time. And so what I hope to see is that the progressive versus conservative coalition are the continuing changes and it's a whole different story. Because right now, we've got a coalition that is rural and urban. I mean, even the farmers came around to Democrats this cycle. And so I'm hopeful. They rejected Trump this cycle. I don't know. They came around to Democrats. You're right. Fair point. They didn't come around. Now's a Democrat chance to do it. And we've got a whole heck of a lot of young people that I do think you are seeing. Not just a new coalition, but you're seeing a change from the old to the new to a younger generation now. That is very different. I'll also say that we have a generation of young people who are now governing. So when you think about when Mbony has done in New York, it's not just young people protesting that. Maybe some folks in establishment Democrats were upset about before. But now you actually have governors who are going to be in place, who are now going to have to put policies in place. And so there's a pragmatism that happens when a young generation now leads in a way that you've got to deliver on results, too. I think that is going to help this coalition put it together. But I agree it's going to be awkward at first. And I think there needs to be some quick wins around making sure that you deliver on some affordability. The more quick wins that can bring the entire coalition together, the better. And maybe even bring in a few Republicans to Ed, what do you think happens to the party? I think that El Sayed has been incredibly impressive. And you know, looking at that video, looking at him speak, he actually reminds me of Obama in a lot of ways. He is actually projecting a level of strength and energy into the party that is making a lot of people very nervous about the future of the party, which I can understand. And I also think that that comes with the territory here. We are at a very important moment in American politics. And you know, we talked about what is the path going to look like for the Democrats. And I think it may be Craig, one of the guests suggested that the Democrats should not take the path of prosecution and retribution against Trump. I actually disagree with that position, and I think a lot of Americans are going to disagree as well. And you need to be extremely resolute, extremely strong in rebuking Trump, rebuking cruelty, rebuking corruption and criminality. It means that you need someone who is going to be very strong on this. I look at El Sayed, and I think the guy has actually been mischaracterized in a lot of ways. He has been associated with the Democratic Social Socialists of America party, but he said over and over again, I'm not a socialist, I am a capitalist and I believe him and by the way I was very worried about Mamdani when when he was coming up in New York I was thinking oh my gosh, this guy's gonna be a crazy socialist. What did he do? He cracked down on crime. We've had the lowest number of murders and NYPD history in New York He deregulated small businesses. He increased the housing supply. He's done a lot of very sensible things I think we're gonna see something clean the streets of New York. Everyone's very happy in New York I think we're gonna see something very similar. I think it's actually a positive sign that people are anxious about this guy I think he's gonna show up and hopefully do a lot of good. Well, I think this challenge will be reaching out to other people to build a coalition to get things done Because that was something that he struggled with in the election campaign in Michigan when he gets into the Senate to be an effective senator You can't do it. You're not a one person. It's one out of a hundred He needs others with him and he's gonna have to reach out. I think he's gonna do it. I think he's gonna get it done I'm just gonna say you've you've picked two incredible in-depth analytical guess Can we go back to my shallowness for just a few minutes? I know the show's almost over I want to get very shallow with people. I am so happy you guys have no idea But I just have to say that Abdu el-Sahead said earlier tonight and I'm gonna read it JD Habibi, do you love that? I love that JD. Habibi. Okay, there is a delicious irony in fact that you're constitutionally obligated just swearing it in January and I love that okay because JD Vance was calling the guy a jihadist and they were running it and saying he's gonna have to go through a message That he's linked to terrorism and he's gonna have to go through a metal detector when he enters the Congress But JD Habibi, you're gonna be swearing the guy in okay And I think there's such a delicious irony these two First-while guests are analytical and they're deep and they've come out with some great ideas for the future of America But this shallowness is something I'm living for right Moment in time in American history. It's so shallow that it's deep I think I think there's something about the fact that you are rooting out cruelty and yeah, and you're doing it with some joy To say look forward look and you're right in the eyes. I mean that is probably gonna tell a swift song to go with it Okay, Brock Obama's just tweeted out tonight the American people sent a clear message They want a politics that brings people together rather than divides them and leaders who offer concrete solutions to the challenges That they face okay, don't forget to keep your questions coming in the comments. We're gonna be answering those Shortly, let's have a quick look at where we stand as well with the Democrats having taken the Senate and the House We're gonna take a break and then come straight back Welcome back. It is quarter to eight in the morning London time definitely time for another couple coffee The GOP is reeling from a blue tsunami with the Democrats picking up eight Senate seats for a strong majority of 54 This is beyond their wildest dreams the Republicans back on 42 Alaska is still to be called and the traditionally red state of Mississippi is also still in play In the House, meanwhile the Democrats also have the majority. They are at 227 seats With 135 seats for the GOP. They just needed 218. I mean in a way for me it is the Senate that is the shocker over the House They've got the House, but they've got the Senate by way more than we might have expected Let's take a look at some of your questions that you've been sending in we'd love getting your questions during the course of this evening How about this one? Let's take this question that is just coming up. Let's hope that it's just him What does this here we go it's coming into me? What does this blue tsunami actually change? That is a good question Amanda, what does a blue tsunami actually change for people? That they're going to have government deliver for them. I think the people have spoken what I love about midterms Is it's not about it's actually not about anyone candidate or anyone state It's an election across the country in every state in every district to determine what Congress looks like And that for me is what really is the message is that the people have spoken the young generation has spoken And they're going to get some answers now Anthony, what do you think it changes? Unfortunately, I think it'll change a little bit of what Amanda is saying I do agree with her, but I just think it's going to be hard because they don't have a 60 In the Senate They've got a lot to do. They'll be by camera investigations Of course a lot of Trump's cronies will we'll get punished. I think they'll be able to slow down things that Trump is doing And I think those things are positive But I'm just wary caddy that I'm worried that the message that the American people are telling them is we want to throw the bombs out It's an anti-incumbency message But I'm just worried they're not hearing something else. I hope that they're not hearing Hey, the Americans are embracing our party. I don't think they are I think the Americans are embracing change and they want to moderate sort of healing Unification to the system. I think that's the real message and I hope I hope the Democrats take that right into the Into the Senate and into the House in January You know al-Sayed and his victory speech. He did say at the president's having a hard time pronouncing his name So after JD swears him in he can just call him senator Well this guy This guy, okay, I mean it's the The energy in the democratic policy is with I mean It is with people with like like outside because he gets all of the attention Because he's mastered the communications medium that you have to be able to master because he's so good at it And because he's out front and because he says things like this and says you know I'm going to love the fact that JD Vance has to swear me in But we should remember it is also people like Adam Hamilton who have won in Kansas It is people like sheriff brown who have won in Ohio Who have also given the Democrats and people like James Talleriko very different style who have won down in Texas They are not the firebrands that al-Sayed is so does the direction of the party now go in the direction the firebrands because they have the megaphone And they use it in a particular way or does it stay with I don't see James Talleriko speaking the same way that al-Sayed is doing and yet He's actually probably just as much of an economic progressive Well, that actually excites me because to me I can see a future where you have a coalition of a lot of very different types of people a lot of very different types of talent Coming together and finally we have some a players here I mean, this is like for the the English listeners You've got your cold Palmer and your Morgan Rogers here in use while Pedro. This is like a real Bench of talent Yeah, this is a real talent bench, and so what I would love to see is some collaboration yes from these people Yes, and for them to actually work together and show okay We can actually use our strengths to our advantage Hamilton is a very very different candidate from al-Sayed and to me that's a very good thing That's very exciting that we have that talent so in terms of the question, you know, what will this actually change? I think the jury is still out I don't think that we should expect that things are going to automatically change I think that we should actually really you know have high I mean We should expect a lot from the Democrats at this point, but you know It's never a guarantee So I think that it's now in the Democrats to show us okay now that you have some more power Now can you get something done? But we shouldn't necessarily assume that that's going to happen all this is to me is a condemnation of the president Which in itself is satisfied that is the big takeaway okay? What do the results mean for foreign policy Will Trump now rush to end the Iran war? This is from Joe We haven't spoken that much about foreign policy although I have to say that my text messages are from people from all over the world Who are texting me saying wow? This is an amazing night Maybe we can rethink what we've been thinking about America It is no secret that America's reputation in the world had gone down the toilet under the last under Trump over the last year and a half And there will be a lot of people hoping that this might mean things like Iran get addressed differently Things like Ukraine there's a sort of question in the Text chat on YouTube saying I'd love to know what's going on in the Kremlin like right now How much of a difference do you think this makes Antony in terms of foreign policy Particularly on the issue I guess of Iran and Ukraine those two big wars that we were talking about earlier today I think this senator that we had on earlier tonight Chris Coons answered it better than I can answer it They're gonna slow down funding for that war. They're gonna curtail him. They're gonna amp up the Funding for things in Ukraine. They're gonna push the envelope with the agency and the Pentagon as it relates to Ukraine I think hexeth is toast and I think whoever replaces hexeth will be a little bit more normal caddy So that'll probably help on the margin our foreign policy But I do think that the brand the American brand which needs a refurbishing This was a step forward in a step positive. I think it sent a message to Global citizens that the Americans know what's up with Trump is them in MAGA and they're trying to kill it off We're gonna have to two more years of nonsense of Donald Trump, but I don't think it's gonna be as bad as the first two years. But before we say anything else, I just wanna say something else, I had. - Love it. - He's gotta apologize to this guy news journalist, 'cause I don't know if you guys saw that. - But there is a streak to L. Sayed. I went out there following him in Michigan. - Can't do that. - There is a streak to him and people up there in Michigan will say it, he's arrogant. - Yeah. - And he has to be careful about that because he's one senator. - Yeah. - And he has to work with the other senator. All the guy was doing, and this is this thing. You know, you hate Trump for berating the journalist and Trump is obviously a horrific person for berating the journalist. And one of these journalists someday should say, "Hey man, excuse me, you're working for me. I'm not working for you." Settle down a little boy. Okay, but they won't do that because of the quorum and the protocol on the White House. But I'm just saying what's soon to be Senator L. Sayed, pick up the phone and call this guy news journalist and apologize to him. It was inappropriate the way you handled yourself and if you don't know what he did, you basically say, "Hey, I'm not getting any votes in the UK." And he sort of blew off the guy 'cause he didn't like the question. And then you're becoming like Trump, okay? So don't do that. That would be a big message from somebody like me. - Yeah, I understand. - But generally, this has been an amazing night, Cassie. I'm loving this night, Cassie. - This is like the best night of the rest of the world 'cause you asked for me, okay? - Can I ask a question? I feel like we're gonna be talking about this night for quite some time. - I agree. - November 4th, January 6th, my birthday, was his erection day. This is liberation day. Go ahead, Allison, I'm sorry. - My question, and maybe you know because you know Trump best at this table. Brian seemed to suggest that we're gonna see some reversals, that we're gonna pull back on the tariff, so we're gonna get out of Iran. Is Trump going to reverse or is he going to double down? That to me, those are the two polls that he has at his disposal. But from what I had to say about this guy, he only doubles down. He never admits defeat. And if he doesn't even double down on those issues, could he double down on other issues? - Right. - Am I going to need some kind of a distraction? You've been saying this for a while now, Anthony, that this could be two crazy years, because if he suffers a defeat like he has done tonight, what does he do to try and get attention on himself, to try and exercise power? - He did something that I didn't expect, okay? He basically is not blaming the defeat on himself. Yeah, but he's also not blaming the defeat on himself. He congratulated Democrats. If I was on the ballot, it would have been a landslide, oh, blah, blah. And I'm just wondering if there's a powder, like he's gonna take the powder. Meaning, all right, I'm done. Throw the towel into the rink. Go play golf. Call his buddies in the Middle East, see if he can grip a few more billion from them and do some favors for them. While he's grifting from them, that sort of thing. That could also be a permutation, our permutational outcome of this whole thing. Or is he mad at Republicans right now? And so, came out and said, all right, Democrats, I'm ready to work with you. I mean, I'm super, I mean, again, you know I'm best in the volatility here. But saying, let's go, let's figure out how to work together and even have some Democrat friends, was interesting to me tonight. - One of the things I did say to Cadi and Cadi can verify this, I said, the MAGA pack money that he raised, he will not spend a dollar, not one dollar on these people. - Do many of these people, Cadi? - No, I mean, he's gonna hope that Don Jr. runs in 2028 and then he can spend it on another Trump. Okay, last question that we're gonna take this evening, will this outcome heal the US image around the world? - We have this show, Cadi, we have this show. - This is from Tom Tarns. Tom, yes, to some extent, but this is not gonna be the moment where Joe Biden was elected in 2024 and came to the G7 summit down in Cornwall and said America is back. People are gonna be relieved. They are relieved, I'm seeing it. All the comments coming in from around the world, they're relieved at the way tonight went. They're relieved to have a check put on President Trump, but they still know that alliances have been irreparably harmed during the course of the last year and a half. USAID has been decimated around the world. That has done untold damage to America's reputation. It's handed China and Russia something on a plate, some soft power on a plate that didn't need to happen. So damage has been done that isn't gonna be repaired just by the fact that we've had a good night for the Democrats during the course of these midterms. But it's better for many to around the world when they look at America than if there had been a great night for Republicans and another re-endorsement of MAGA, which would have made people think we are in for now, not just another two years, but potentially another two years and then another eight years of MAGA. I do think that's different, but a lot of damage has been done already, right Ed. I mean, you must hear this all the time from your friends here in the UK. - 100% I mean, for the first time ever, China is more popular among the global population than America. There is no brand that has suffered more damage that has taken more of a hit in the past five years than brand USAID. It has been stunning. And by the way, it's not just outside of America, it's also within the country as well. US Pride has hit all time lows. So this to me is an important moment because it's taking a step forward, but to Caddy's point, we just took 50 steps backward. So we've got another 49 steps to go. It's going to be a very, very long road to repair these relationships. But this is a great sign. This is a great sign that maybe we'll get back there. Maybe we'll be seen as a great country once again as a trusted trade partner, but it's going to be a long while. - Okay, we also asked all of you this question as well. Will tonight's results improve the image of the US around the world? You're all optimists. We love you. 72% of you say yes, 28% of you say no. I am going with the yes, but don't underestimate both in practical terms and in brand terms. Some of the damage that has been done over the last year and a half, and the way in which to some extent, Vladimir Putin and Xi Jinping have been the big winners of the chaos that has been taking place in the town that I live in over the last year and a half, right? Anthony, where have they enjoyed this more than anywhere else? - Yeah, well, in Washington, for sure, the State Department of the Civil Service, all these people are breathing a sigh of relief that America probably is coming to its senses. But he's also on Fox News right now again, caddy lashing out again. And so what time is it now? It's 3 a.m. And he's tuned in and he's calling into Fox News. So, God only knows he's gonna go through a lot of different moves. - Emotions. - A lot of different emotions. And we'll see which one he ends up on. - Yeah, if he's-- - By prediction, I think he's gonna double down. - Okay. - I think he's gonna say, he seems to be in a world of delusion right now. This has nothing to do with me. He learned all of his lessons from Roy Cohn, never admit defeat. I think he doubles down and ultimately self-destructs over the next two years in spectacular fashion. - You know, I'm just wondering if Jared's gonna call him, this would be Jared Cush for saying, "Hey, man, I need the pardon before the investigation comes." - So, I'm gonna close by giving you this. This is from James Tallerico. I know, I know. (laughing) - Oh my God, I'm gonna say, I'm gonna say it. - We didn't win by alienating our neighbors or by shaming our neighbors or by ridiculing our neighbors. We embodied a new kind of politics. A politics rooted in a deep love for our state, for our country and for all of our neighbors. My faith teaches me that love is the strongest force in the universe. Love is not passive, love is not neutral, love is not weak. Love requires that we stand between the bullies and the bullied love requires that we look evil in the eye and not blink. Love can heal what's broken in America. - Yeah, that is the kind of sentiment. - And that is literally from the St. James. - Cheers. - That is literally from St. Paul. His great letter to the Corinthians. He more or less paraphrase that. And I give the kid a lot of credit. He's a great messenger. And you could be looking at a potential future president. Who knows? He's only 37 years old. But to win the state of Texas and to purple that state as a senator is truly an incredible story and my hat's off to him. - Thank you all so much for joining us this evening. Let's take one last look at the final results. Election night has turned into a route for the GOP. Democrats hold the Senate 54 to 43 after flipping eight seats with Alaska undecided still. And the traditional Republican stronghold of Mississippi suddenly competitive as well. In the House Democrats also hold a clear majority leading 227 to 135. Anthony and I will be back later this week to analyze more of these results as they keep coming in, keep letting us know your thoughts in the comments. We'll see you all soon. Thanks so much for joining us. Thank you Ed, thank you Amanda. We will see you later in the week. - I'm so happy right now. - I'm so happy. - I'm so happy. - Hope that champagne get your cigar. Take your gloves off. Have a good night, drink your coffee. See you all soon.