Midterm elections in the US could stop Trump and change the direction of the government
Voting on November 3 defines control of Congress and the president's scope to pursue his agenda over the next two years.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM TIMES BRASIL · 2 MIN
On November 3, 2026, United States voters go to the polls in a midterm election that could put the brakes on Trump's agenda. According to Times Brasil, 435 seats in the Chamber, 35 seats in the Senate and 36 governors are up for grabs.
The vote comes midway through Trump's second term, when Republicans control both houses of Congress. According to Times Brasil, the result will define who commands Congress and what the president's margin will be to conduct his agenda over the next two years.
In practice, the election works as a barometer of Trump's negotiating power. A change in majority in one of the Houses would change the starting point for the approval of Executive projects, and it is this reading that should guide the debate in Washington until the investigation.
The impact is not limited to politics. According to CNBC Markets, the 2026 elections could affect US municipal bonds through three channels: state fiscal measures, the supply of new bonds and the composition of Congress. The local debt market, therefore, is on the radar of those who follow the American fiscal scenario.
On another front, Gazeta do Povo reported that Marco Rubio denied that the Trump administration helped Flávio go to the United States. According to Rubio, however, Trump guaranteed authorization for Flávio to remain in the country if he went there.
What changes for the investor
For those who operate the stock market, Nasdaq, interest rates and the dollar, the main variable is the predictability of American fiscal policy. According to a survey by CNBC Markets, the effect on municipal bonds depends on how states will conduct their fiscal measures, how much new paper will hit the market and who will lead Congress. The practical reading is to follow the results of the polls and the fiscal signals that come later, without drawing early conclusions about prices. This report is not a recommendation to buy or sell assets.
Automatically translated from Portuguese.
