President Donald Trump announced that the United States will be running Venezuela following the capture of President Nicolas Maduro.

American military forces conducted a “large scale strike” in Venezuela where Maduro and his wife were captured and transported on the USS Iwo Jima. Following the operation, Trump announced that the United States is “going to run” Venezuela until a “proper transition can take place” in the government.

‘It was dark, and it was deadly.’

“We can’t take a chance that somebody else takes over Venezuela that doesn’t have the good of the Venezuelan people in mind,” Trump said, flanked by Secretary of War Pete Hegseth, Secretary of State Marco Rubio, and other officials. “We’ve had decades of that. We’re not going to let that happen.”

Trump also said American oil companies are going to “go in” and “fix the badly broken infrastructure.”

RELATED: Maduro captured following ‘large scale strike’ in Venezuela, Trump says

Maduro and his wife were indicted for their “campaign of deadly narco-terrorism against the United States and its citizens.” Both are en route to the Southern District of New York, where they will be tried.

Trump also noted that no American servicemen were killed in the operation and all military equipment was recovered.

RELATED: Trump says US struck drug-linked site in Venezuela: ‘We hit them very hard’

Photo by Jim WATSON / AFP via Getty Images

“All Venezuelan military capacities were rendered powerless as the men and women of our military, working with U.S. law enforcement, successfully captured Maduro in the dead of night,” Trump said.

“It was dark, and it was deadly.”

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​Politics, Donald trump, Marco rubio, Pete hegseth, Venezuela, Regime change, Oil, Nicolas maduro 

Ten months ahead of November’s midterms, political and economic crosscurrents are colliding. Which of these conflicting trends prevail will greatly shape the next two years. And possibly even longer.

Midterm elections are always important. Besides gauging the country’s political mood, they have proven integral to maintaining America’s political equilibrium.

For good or ill, incumbent presidents and their party own the economy. The question is: Which economy will Republicans own?

They are the “ebb” to the “flow” of America’s political tide. Historically, every four years a large tide of voters go to the polls and elect a president. Then every two years, the large voter flow ebbs back, and the president’s party suffers accordingly.

This midterm is particularly important to Trump because he has proven susceptible to being baited by his opponents. After 2018, Rep. Nancy Pelosi (D-Calif.) returned to the House speakership and unrelentingly harassed Trump over the last two years of his first term. These distractions and obstructions­ — especially during COVID — were undoubtedly a factor in Trump’s narrow 2020 Electoral College defeat.

Today’s political crosscurrents are pronounced. We know the president’s party historically loses seats. The last two two-term presidents, George W. Bush and Barack Obama, suffered congressional losses averaging 22 House seats and 7.5 Senate seats.

Such losses would hand Democrats control of Congress, giving them a House majority larger than Republicans’ narrow edge and a Senate majority bigger than the GOP’s current six-seat margin. Such outcomes would end Trump’s legislative agenda, and Democrats could set their own. To understand the potential impact, play back the recent funding impasse when Democrats shut the government down for the longest period ever — despite lacking control of either chamber.

While Trump would be able to veto Democratic legislation and Republican numbers would be ample to uphold his vetoes, Democrats would have a formal hand in shaping the political agenda. This could greatly help their 2028 presidential prospects.

RELATED: Republicans are letting Democrats lie about affordability

Photo by Andrew Harnik/Getty Images

Current politics are blunting the historical midterm flow, however. Trump is divisive, with just a 43.4% favorable rating; however, his job approval rating of 43.1% is higher than Obama’s (42.4%) at the same point in his second term. Further, Democrats are in abysmal shape with just a 32.5% favorability rating.

The current 2026 political map is also favorable to Republicans. While they have more seats (22 to 13) to protect in the Senate, the toss-up seats are evenly split: Republicans with Maine and North Carolina; Democrats with Georgia and Michigan. Mid-decade House redistricting efforts are also likely to favor Republicans somewhat; if the Supreme Court should allow race to be disregarded in drawing House districts when it rules on the Louisiana case currently before it, then even more redistricting could occur and amount to an even greater Republican advantage.

Today’s economic crosscurrents are equally pronounced. For good or ill, incumbent presidents and their party own the economy. The question is: Which economy will Republicans own?

At the micro level, the growing issue is “affordability.” Nationally, this is an overhang of inflation that surged during Biden’s administration and peaked at 9.1% in June 2022 — a 40-year high.

Locally, affordability played well in New York City (which has been plagued by Democratic policies of rent control and excessive taxation, regulation, and litigation) in 2025’s mayoral race. It also played well in Virginia, where it linked powerfully into the record-long government shutdown. Democrats are therefore seizing on the issue with some success — particularly in the establishment media — and are trying to nationalize it.

At the macro level, the economy is a different story. Despite “expert” predictions that Trump’s tariffs, green agenda rollback, attack on illegal immigration, and reduction in government would combine to wreck the economy, the reverse has occurred. In Trump’s first two full quarters in office, GDP is averaging over 4% growth: up 3.8% in the second quarter and 4.3% in the third. Inflation has also been moderate — 2.7% in November — certainly not the spike experts predicted and a far cry from the previous four years.

RELATED: Conservatives face a choice in ’26: realignment or extinction

MediaProduction via iStock/Getty Images

So politically, depending on your perspective, Republicans look to outperform historically. Their Senate majority looks safe for now, with the chance that Republicans could even gain a seat or two. By contrast, Republicans’ House majority looks vulnerable; this could be offset slightly by current mid-decade redistricting efforts. Yet even just half the average loss of the last two administrations in their second midterms would mean an 11-seat swing and a 226-209 Democratic majority.

Economically, the question is whether the micro or the macro prevails. Can the micro become a national mood outside Democratic areas, or will the macro of strong GDP growth and moderate inflation have time to prevail? Expect political midterm fortunes to respond accordingly.

What is certain is that the midterms will shape the last two years of Trump’s second term. And possibly determine who will run and who will win the presidency in 2028.

Editor’s note: This article was originally published by RealClearPolitics and made available via RealClearWire.

​Opinion & analysis, Donald trump, 2026 midterm election, Economy, Economic growth, Inflation, Gross domestic product, Gdp, Prices, Affordability, Republicans, Democrats, House of representatives, Senate, Majority, Redistricting, Texas, California, Supreme court, Rent control, Taxes, Regulation, Litigation, Lawfare, Immigration, Illegal immigration, Immigration and customs enforcement, Mass deportations