Fact-check · Nov 7, 2026 · Donald Trump
“We lost about $3,000,000,000,000 when they found out that the Democrats did well in the election”
MOSTLY TRUESaid in 3 broadcasts
What the record shows
S&P 500 erased approximately $3 trillion in market value on November 6, 2026, following Democrats' midterm election victories. Nasdaq 100 lost approximately $2.3-2.5 trillion. Market decline attributed to investor fears of AI regulation and data center restrictions under Democratic Congress.
Figure matches S&P 500 losses but conflates correlation with causation. Market decline was driven by regulatory concerns, not the election result itself.
Sources
- Trump says US lost $3 trillion due to Democrats…
- Trump Blames Democrats for $3 Trillion Market Drop After Midterms
- Trump Blames Democrats as $3 Trillion Vanishes From Market Post Midterms - State Street SPDR S&P 500 ETF - Benzinga
- US stocks shed $3 trillion as Trump blames Democrats for market rout
- US stocks plunge as $3 trillion wiped off market value amid AI fears, Trump party rout
- Simon Rosenberg
Every time it was said
3 times, Nov 6, 2026 to Nov 7, 2026 · 1 true · 1 misleading · 1 false
TrueMisleadingFalse
The verdicts differ. Differences come from changes in the wording or in what each check found. Each check is linked below.
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