Debt Desk — Debt Desk — November 9, 2026: Washington Pivots as Credit Markets Face the CPI Test
Good morning. It is Monday, November ninth.
The national brief begins with President Trump’s first major interview since Republicans lost control of both chambers of Congress. The president said his deportation policy may have been too tough for voters, and he raised the possibility of working with Democrats on an immigration agreement.
That is a notable change in tone, though not yet a change in policy. Trump built much of his political identity around aggressive immigration enforcement. Now he is acknowledging that the approach may have contributed to the midterm result. Any bipartisan deal…
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