Democrats swept the three major local elections in the US on Tuesday by wider-than-expected margins, giving the beleaguered party a much-needed boost 10 months into President Donald Trump’s second term.

From New York’s City Hall to Virginia, where Democrats picked up a gubernatorial seat, and out to California, the victories will bolster morale in a party that’s been reeling after failing to win the White House, Senate and House of Representatives just a year ago.

In New York, voters elected 34-year-old Zohran Mamdani, a democratic socialist, as mayor after he deployed a social media-savvy campaign and joined up with two progressive icons, Vermont Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez.

For reaction and analysis, host Doug Krizner speaks with:

- Jeanne Sheehan-Zaino, Democracy Visiting Fellow at Harvard Kennedy School's Ash Center and Bloomberg Politics Contributor

- Greg Giroux, Bloomberg Government senior reporter

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Voters from California to Maine will cast ballots on Tuesday, a temperature check on a large swath of the electorate halfway between President Donald Trump’s second White House win and the 2026 midterm elections for control of Congress.

Virginia and New Jersey will elect new governors, New York City will get a new mayor, and California is likely to adopt new congressional district lines that could help Democrats win control of the tightly divided House.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with:

• Bloomberg News Senior Reporter Myles Miller.
• Bloomberg Television Host Romaine Bostick.
• Ipsos US Public Affairs Chair Cliff Young.
• Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.
• Bloomberg Government Senior Reporter Greg Giroux.
• Former Virginia Governor Terry McAuliffe.

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As the government shutdown enters its 34th day, lawmakers face mounting pressure to reach a resolution.

Major US airports are facing staffing shortages leading to ground delays, the distribution of food assistance is up in the air, and more federal workers are missing paychecks as the shutdown is on track to become the longest in history.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with:

• Bloomberg Washington Correspondent Tyler Kendall.
• Bipartisan Policy Center Senior Vice President Bill Hoagland.
• Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.
• Republican Congressman Mike Lawler of New York.
• Bloomberg Tech Co-Host Caroline Hyde.
• Bloomberg Markets Live Blog Managing Editor Kristine Aquino.

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A status update on the US government shutdown -- as well as scenarios that could potentially lead to the US government re-opening later this week -- led Bloomberg Intelligence's Washington Policy Pulse on Nov. 3. If a deal isn't made, a re-opening may not happen until potential travel chaos associated with the Thanksgiving holiday. We also discussed how a lapse of Supplemental Nutrition Assistance Program (SNAP) benefits impacted grocers like Walmart, Kroger and Albertsons. Finally, we previewed Wednesday's oral arguments at the Supreme Court where the justices may provide insight on whether or not President Donald Trump's reciprocal tariffs are lawful.

The Bloomberg Intelligence Financial Policy weekly call is designed to provide investors an opportunity to learn about the most recent relevant policy research, information regarding forthcoming political catalysts and other on-goings within Washington D.C. The call is open to all and is held every Monday at 10:00 a.m. EST.

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President Donald Trump denied that he is considering strikes on Venezuela, contradicting a media report that he’d given approval for such a move as well as his own past statements that he was preparing land attacks after a series of boat strikes.

Trump replied “no” when asked by reporters Friday aboard Air Force One if it was true he is weighing whether to attack military sites in Venezuela. He said “no” again when asked if he had decided on the matter.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with:

• Bloomberg Deputy Washington Bureau Chief Laura Davison.
• Former Commander of US Southern Command Wesley Clark.
• Stonecourt Capital Partner Rick Davis and Bellwether Government Affairs CEO Arshi Siddiqui.
• Bloomberg National Security Reporter Tony Capaccio.

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Donald Trump and Xi Jinping agreed to extend a tariff truce, roll back export controls and reduce other trade barriers in a landmark summit on Thursday, potentially stabilizing relations between the world’s biggest economies after months of turmoil.

In the first sitdown between the leaders since Trump’s return to the White House, the pair agreed China would pause sweeping controls on rare-earth magnets in exchange for what Beijing said was a US agreement to roll back an expansion of restrictions on Chinese companies. The US will also halve fentanyl-related tariffs on Chinese goods, while Beijing resumes purchases of soybeans and other American agricultural products.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with:

• Bloomberg Washington Correspondent Tyler Kendall.
• Peterson Institute for International Economics Senior Fellow Mary Lovely.
• ROKK Solutions Senior Vice President Lisa Camooso Miller and Former Special Assistant to President Joe Biden Meghan Hays.
• Democratic Congressman Jake Auchincloss of Massachusetts.

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Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.

Food stamps are fast becoming the centerpiece of congressional Republicans’ and Democrats’ shutdown stare-down as nutritional benefits for 41 million Americans threaten to dry up in just three days.

After weeks of seeming inaction and stalemate inside the Capitol, both sides are eyeing the deadline as a way to pressure the other into making a deal. The issue took center stage after Vice President JD Vance said Tuesday that the White House believes it can pay troops this Friday, once again taking a political grenade — missed paychecks for the military — off the table.

The maneuver would clear the way for missed Supplemental Nutrition Assistance Program benefits Saturday to become the No. 1 pressure point on lawmakers to end a nearly month-long government shutdown.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with:

• Bloomberg Washington Correspondent Tyler Kendall.
• Bloomberg International Economics and Policy Correspondent Michael McKee.
• Republican Senator Shelley Moore Capito of West Virginia.
• Republican Congressman Chuck Fleischmann of Tennessee.

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Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.

President Donald Trump hailed the US’s alliance with Japan, reaffirming ties with a longstanding partner and praising new Prime Minister Sanae Takaichi on her plans to ratchet up defense spending as the pair met in Tokyo.

“I want to just let you know anytime you have any question, any doubt, anything you want, any favors you need, anything I can do to help Japan, we will be there,” Trump said. “We are an ally at the strongest level.”

Trump also offered optimism that the two sides had overcome their trade disputes.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition Bloomberg's David Gura is in for Joe and Kailey. David speaks with:

• Bloomberg Washington Correspondent Tyler Kendall.
• US Ambassador to NATO Matthew Whitaker.
• Bloomberg Capitol Influence Team Lead Megan Scully.
• Bully Pulpit International Managing Director Adam Hodge and Brownstein Hyatt Farber Schreck Policy Director Greta Joynes.
• Republican Congressman Greg Murphy of North Carolina.
• Bloomberg News Weather Reporter Lauren Rosenthal.

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