• D.C.
  • BXL
  • Lagos
  • Riyadh
  • Beijing
  • SG

Intelligence for the New World Economy

  • D.C.
  • BXL
  • Lagos
Semafor Logo
  • Riyadh
  • Beijing
  • SG


Flagship newsletter icon
From Semafor Flagship
In your inbox, Every Weekday
Sign up

White House focuses on affordability as midterms loom

Jan 7, 2026, 7:01am EST
PostEmailWhatsapp
US President Donald Trump
Evelyn Hockstein/Reuters

US President Donald Trump urged Republicans to tackle rising health care costs while Democrats unveiled a push on cheaper housing, a sign that upcoming midterm elections will likely focus on affordability.

The GOP faces an uphill battle holding its narrow House majority after the expiry of popular Obama-era tax credits pushed prescription drug prices up, part of a wider affordability problem hitting the party’s poll numbers; Semafor’s politics team reports today that some Republicans want to steer their party back to the issue rather than discussing upheaval in Venezuela.

Trump believes the stakes are high for him: He told lawmakers he would be impeached again if Democrats won, and floated, then dismissed, the possibility of canceling the elections altogether.

A chart showing health expenditure per capita in 2024.
AD