PRESIDENT TRUMP: Nancy Pelosi 'Deserves to be Speaker of the House'

Media playback is unsupported on your device                  Media caption Nancy Pelosi taking the House will help restore

He mocked Republican candidates who distanced themselves from him, chided a reporter for asking a "racist question" and walked away from the lectern at one point, as an aide tried to wrest a microphone out of a reporter's hands.

But controlling the Senate ensures Mr Trump can still make key appointments. "As for the market impact, a split Congress has historically been bullish for equities and we expect to see the same pattern again", said Torsten Slok, chief worldwide economist for Deutsche Bank. "Too bad, sorry about that Mia". Although the lost seats are a cause for concern, she said, the paradigm shift isn't.

Republicans would have kept pushing hard for the work requirements if they'd retained control of the House, said Marin Bozic, a professor of applied economics and agricultural policy expert at the University of Minnesota. If the leaners fall in their current directions, the GOP's victories in the Senate will have put it essentially out of range of a Democratic majority in 2020, a year in which the Dems have a decided advantage as the Repubs did this year. That includes holding a number of the new House seats they gained in districts that have normally leaned slightly Republican - and winning some even tougher races in the Senate in a political environment that's grown more sharply polarized with President Trump in the White House.

Pelosi, the only declared candidate, served as speaker during Welch's first two terms in office, from 2007 through 2010.

"In all fairness, Nancy Pelosi deserves to be chosen Speaker of the House by the Democrats", he said on Twitter. And it seems highly unlikely any Republican will vote for the woman their party has demonized in thousands of campaign ads.

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The move comes after a series of signals that Democrats will work to secure Trump's tax returns, something the president has been resisting for years. "Or if they'll surprise us, and deal-makers will emerge, and they'll find consensus on things like infrastructure, or a K-12 education bond, or education funding, or something along those lines". He has yet to come up with a derogatory nickname for her, as he has with many of his other Democratic foes, although that could certainly change.

"Even though we had big differences over things like taxes and judges, there were plenty of other things we did together and no reason that would stop simply because the House now becomes Democratic", he said.

Trump said that he was considering changes to his administration in the aftermath of the election, including to his Cabinet.

His warnings continued later in the day at the news conference.

They will assuredly look into Trump's finances as part of their investigation into his personal involvement in corruption and collusion. I'd probably bet on Trump.

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Trump has warned Democrats that he could fire back if they pursue such a tactic, as the Senate could start investigations of Democrats. They also flipped seven governors' mansions, including some in red states. The Trump administration will face a level of scrutiny from Congress that it has not yet faced.

"You are a rude, awful person", he told Acosta in front of the world's media. "It sort of polarizes folks, and it gets more people engaged on both sides", Gill said.

In another Tweet Wednesday morning, Trump issued a threat to Democrats, saying if they "think they are going to waste Taxpayer Money investigating us at the House level, then we likewise will be forced to consider investigating them for all the leaks of Classified Information, and much else, at the Senate level".

Meanwhile, rather than focusing on impeaching President Donald Trump, as some have called for, Ryan said the main thrust of the Democrats' arguments must be to reduce economic anxiety.

The expected new chairmen of the House Judiciary, Intelligence and Oversight committees sent letters on Wednesday ordering top Trump administration officials to preserve documents connected to Mueller's investigation and the firing of Attorney General Jeff Sessions. Democrats Sharice Davids and Deb Haaland will become the first Native American women elected to Congress. Rep. Marsha Blackburn will win the race to represent Tennessee in the US Senate.

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The U.S. president pointed out that certain policies could not get passed in the Senate if they can't get 10 votes from Democrats, as the Republicans now hold 55 seats out of the 100, and two-thirds of votes are needed for the Senate to decide on certain issues.

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