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The Wire
Musk spent a record $446 million on the midterms and lost nearly every race Vance said the Iran war had clear goals. Now he blames it for the loss Leon Black sues Rep. Robert Garcia for defamation over Epstein comments On tape: Jimmy Kimmel mocks Trump's rally complaint that news cameras are "statutory" and can't show his crowds Trump says Iran war cost GOP the midterms, weighs strikes, talks or standoff On tape: Sen. Jon Husted concedes on election night in Ohio and congratulates Sherrod Brown House Democrats' landslide majority sparks fight over gavels and agenda Valadao loses, leaving no impeachment-voting House Republican headed back On tape: Adam Schiff reads Trump's own words to the DOJ: "Just say the election was corrupt and leave the rest to me" Democratic doctors win seats in Congress, reshaping health care debate Musk spent a record $446 million on the midterms and lost nearly every race Vance said the Iran war had clear goals. Now he blames it for the loss Leon Black sues Rep. Robert Garcia for defamation over Epstein comments On tape: Jimmy Kimmel mocks Trump's rally complaint that news cameras are "statutory" and can't show his crowds Trump says Iran war cost GOP the midterms, weighs strikes, talks or standoff On tape: Sen. Jon Husted concedes on election night in Ohio and congratulates Sherrod Brown House Democrats' landslide majority sparks fight over gavels and agenda Valadao loses, leaving no impeachment-voting House Republican headed back On tape: Adam Schiff reads Trump's own words to the DOJ: "Just say the election was corrupt and leave the rest to me" Democratic doctors win seats in Congress, reshaping health care debate

The White House · Report · File No. 261105-543

Trump says Iran war cost GOP the midterms, weighs strikes, talks or standoff

Trump called it "largely true" that the Iran war hurt Republicans, but he says he would still fight it. He now chooses between new strikes, a deal, or more waiting.

Every quote in this story (2) was matched word for word against its source. How we work

Donald Trump
Donald Trump. Photo: Daniel Torok, Public domain

President Trump acknowledged on Wednesday that the Iran war hurt Republicans in Tuesday's midterm elections. He said it is largely true that the war cost the party, and that it pushed gasoline prices up somewhat in the short term 1.

Trump has not backed away from the war. He told The Wall Street Journal he did not regret it, saying he would have done it again, and he called war "the only answer" to stop Iran from getting a nuclear weapon 1.

On tapePBS NewsHour · Nov 4
Trump says 'it's largely true' the Iran war caused GOP midterm defeatVideo: PBS NewsHour on YouTube, “WATCH: Trump says 'it's largely true' that Iran war caused GOP midterm defeat”. It plays from YouTube when you press play.

Strikes, talks or a standoff

In an interview with the Financial Times, Trump said he had no immediate plans to order new strikes. He added: "we're locked and loaded if we need to go, but there may be no reason for it" 1.

The Council on Foreign Relations, a nonpartisan research group, laid out three paths in an October 23 analysis. Trump can resume strikes and tighten economic pressure. He can negotiate while using the threat of strikes as leverage. Or he can hold the current standoff and wait 2.

From Channel GOPSchumer: Trump's supplicant Senate days are overChuck Schumer · 149 plays · captioned, with the source named

Each path has costs, according to the analysis. Escalation risks Iranian attacks on Gulf energy facilities and a possible global recession. Talks could give Tehran time to rebuild its military. Waiting is hard to sustain 2.

That analysis also said only about one in three Americans supported the war, and that fighting had pushed up gasoline and diesel prices 2.

On tapeBloomberg Television · Nov 4
Trump says no immediate plans for strikes on Iran after midtermsVideo: Bloomberg Television on YouTube, “Trump Downplays Prospect of Strikes on Iran Following Midterm Elections”. It plays from YouTube when you press play.

Republicans and Democrats react

Vice President JD Vance went further than Trump. Writing on X, he said the war was the reason Republicans lost 1.

Senate Democratic leader Chuck Schumer said the war "must end." He said Democrats could use the power of the purse, meaning Congress's control over federal spending, to constrain the president 1. Democrats take control of both chambers of Congress in January.

Rep. Jason Crow of Colorado said Congress has passed two of seven war powers resolutions so far. Those are measures meant to limit a president's authority to wage war. Crow also said Defense Secretary Pete Hegseth "needs to go" 1. CBS News reported that Trump has asked advisers whether Hegseth should stay, while other sources said he has not decided 1.

Iran says voters rejected the war

Iranian officials welcomed the vote. Chief negotiator Mohammad Bagher Ghalibaf said Wednesday that the election results reflected Americans' rejection of the war. Mohsen Rezaei, head of Iran's supreme national security council, said "anyone who takes on Iran will pay the price" 1.

Brent crude, the global oil benchmark, fell about 8% to roughly $94 a barrel on Wednesday. That was its first dip below $100 since September 1.

What happens next

The CFR analysis said a U.S. naval blockade has halted Iranian oil exports, and that the Pentagon had been told to finish preparations to resume major combat 2. Trump's next move will show whether the election changes his course.

That matters because gas prices are tied to the war. A decision to resume fighting would put new strain on household budgets, while a deal could ease them. Democrats will have a bigger voice in January, but for now the decision is Trump's.

The Record

  1. The Council on Foreign Relations laid out three options for Trump on Iran: escalate, negotiate or hold steady 2.
  2. Trump told the Financial Times he had no immediate plans for new Iran strikes 1.
  3. Trump said it was "largely true" that the war cost Republicans, and said he would still go to war 1.
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Sources

  1. CBS News, “Live Updates: Iran says U.S. election results show Americans reject war, as Trump says he'd do it again” (2026-11-04). cbsnews.com/live-updates/iran-war-us-trump-midterms-strait-o
  2. Council on Foreign Relations, “Will the United States Attack Iran After the Midterms?” (2026-10-23). cfr.org/articles/will-the-united-states-attack-iran-after-th

Found an error? Tell the newsroom. Corrections are noted at the top of the story.

More from the files

Then vs. Now

Trump now says Iran started the war; in February he announced U.S. combat

At a Mississippi rally eight days before the midterms, President Trump said Iran started the war with the United States. His own words from February, and from June 2025, tell a different story while gas prices remain far above where they were before the war.

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