President Trump shrugged off the midterm shellacking his party faced and congratulated Democrats on their stunning suite of victories.

“The Democrats did a good job,” he conceded to Fox News in a post-election phone call, pledging to work across the aisle during the lame-duck term and beyond. “They fought hard.”

“Well, I say this: congratulations to the Democrats,” he later added. “They did a good job. They’ve been looking for this one for 11 years, and they finally got it.”

U.S. President Donald Trump gestures toward construction workers on the South Lawn of the White House in Washington, Thursday, Oct. 22, 2026. MediaPunch / BACKGRID

When asked to give a postmortem of the midterm results, Trump acknowledged that “part of it was Iran,” but blamed high fuel costs as one of the driving factors behind the Republican wipeout.

“People agree with what I’m doing on Iran, but they really probably weren’t willing to do the short-term consequence of paying more for gasoline. I understand that. I don’t agree with it,” Trump

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The president also made clear that he isn’t planning any major staffing shakeups, concluding the results “had nothing to do with my cabinet.”

This is a developing story. Please check back for updates.