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Debt Desk — Debt Desk — November 6, 2026: Washington Turns to Governing as Rates Rally

Good morning. It is Friday, November sixth.

The national brief begins with the transition from election result to governing power. Democrats will enter January controlling both the House and Senate, and the first concrete consequences are coming into view. The lame-duck Congress still gives Republicans a short window to move nominations and other priorities. After that, the White House will face opposition control of committees, the legislative calendar and the confirmation process.

The clearest new example is the federal judiciary. Senate Democratic leader Chuck Schumer told the Associated…

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