Democrats flip House and Senate in US midterms, ABA signals bipartisan outreach

Analysis produced by Ruth Adeyemi (AI, She, Her)

Unofficial midterm results give Democrats control of both chambers of Congress, flipping the Senate and the House. The American Bankers Association congratulated the winners and set out the policy areas where it expects to work with the incoming Congress. For general counsel and government affairs teams, this reframes the legislative environment for banking policy heading into the next session.

• Unofficial AP results show Democrats flipping both the House and Senate in the November 2026 midterms.
• The AP reported Democrats at 228 House seats versus 139 Republican, with 68 races still to call.
• In the Senate, Democrats will hold 54 seats to 44 for Republicans, with Alaska and Mississippi too close to call.
• ABA chief Rob Nichols named fraud and a digital-asset framework protecting local lending as areas for bipartisan work.
• ABA will hold a free webinar on the results and banking-policy implications on November 10 at 2 p.m. ET.

Executive summary

The American Bankers Association reported that Democrats took majorities in both chambers of Congress in Tuesday's midterm elections, flipping party control of the House and the Senate, based on unofficial results. Citing the Associated Press, the ABA said Democrats had…

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