US President Trump has been asking advisers whether Defense Secretary Hegseth should stay in his job following Republicans’ heavy losses on Tuesday night, CBS News reports citing sources

Newsquawk Staff · 4 Nov 2026, 17:00 UTC

Some White House aides predict some of the blame for GOP midterm losses will fall on US CENTCOM head Admiral Cooper and Chairman of the Joint Chiefs of Staff General Caine, who both played big roles in guidance on the Iran war
US President Trump has not decided to replace Defense Secretary Hegseth, according to other sources; likelihood of a Democratic impeachment effort against Hegseth could increase with Democrats holding strong majorities in both chambers
Florida Governor DeSantis is being floated as a possible replacement for US Defense Secretary Hegseth, with confirmation possible in the lame-duck period before his term as governor expires on January 5th.

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What our morning note said

US Market Open, 4 Nov, 11:18 UTC · what it led with

Democrats are projected to have flipped both the House and Senate from the Republicans.
US President Trump said he will accept the election result and is prepared to work with Democrats, while stating that veto power is one of the strongest powers he has.

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