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November 12, 2026
Central Insider · 702 Houston St, Fort Worth, TX 76102

New House Speaker Jeffries Targets Cost of Living

Hakeem Jeffries pledged to prioritize affordability after Democrats secured control of both chambers of Congress following the midterm elections.

By Matthew Qureshi ·

Illustration for: New House Speaker Jeffries Targets Cost of Living
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Hakeem Jeffries pledged to launch a relentless effort to reduce the cost of living for American households as he prepares to become the first Black Speaker of the House.

The Speaker-elect made the commitment during a news conference on Wednesday, one day after the Democratic Party secured victories in multiple districts previously held by Republicans. Jeffries characterized the electoral results as an American tsunami, stating that the outcome represented a shift in the electorate that went beyond a standard blue wave.

Democrats anticipate winning at least 255 seats in the House once all votes are counted. This tally would grant the party a historic majority and control of both chambers of Congress. Jeffries noted that the American people chose common sense over what he described as corruption, chaos, and cruelty.

During an interview on MS Now’s Morning Joe earlier that day, Jeffries clarified that the new leadership would focus on governance and productivity rather than seeking retribution against President Donald Trump and his allies. He asserted that the party campaigned on the promise of affordability and now has the responsibility to govern according to those principles.

The Democratic campaign centered on reducing the rising costs of essential services, including groceries, petrol, housing, and healthcare. These price increases contributed to financial pressure among voters. The path to legislative success may face complications due to President Trump’s stated intention to use his veto power to block bills he opposes.

To illustrate a potential route for passing legislation, Jeffries pointed to a bipartisan housing affordability bill that became law in July. The measure passed without the President’s signature after he dismissed it as a yawn. Jeffries suggested that such pragmatic bills represent the type of legislation the new majority could pursue.

Jeffries indicated that Democrats would not ignore potential misconduct by the current administration while maintaining a focus on results. He stated that the party would hold the Trump administration accountable for any wrongdoing by strictly following the facts and the law in oversight efforts. His goal is to let the chips fall where they may while keeping the legislative agenda centered on improving economic conditions for voters.

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