As the results of the midterm elections came in, President Donald Trump endorsed House Democratic Leader Nancy Pelosi, D-Calif., for the post of House Speaker and promised support across party lines if she lacks support from her own party.
"In all fairness, Nancy Pelosi deserves to be chosen Speaker of the House by the Democrats," Trump said on Twitter Wednesday morning. "If they give her a hard time, perhaps we will add some Republican votes. She has earned this great honor."
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Political News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.