November 4, 2026
WHEN: Today, Wednesday, November 4
WHERE: CNBC’s “Closing Bell”
Following is the unofficial transcript of breaking news from CNBC’s Eamon Javers on “Closing Bell” (M-F, 3PM-4PM ET) today, Wednesday, November 4 about Javers’ phone call with President Trump regarding the midterm elections. Following is a link to video on CNBC.com: https://www.cnbc.com/video/2026/11/04/trump-to-cnbc-can-work-with-democrats-on-many-more-things-than-people-understand.html.
All references must be sourced to CNBC.
SCOTT WAPNER: We have breaking news. We're going to our Eamon Javers who just spoke with the president I understand. Eamon?
EAMON JAVERS: Yes, Scott, that's right. I just had a brief phone call with President Trump, and I asked him about this new world that we're facing in Washington after those Democratic victories in the midterm elections last night. I asked him about working with Democrats, and the president was very much in a conciliatory mood here, Scott. The president said he can absolutely work with Democrats, and I asked him about some of the bipartisan sort of populist economic ideas that have been floating around Washington. One I asked him about was this idea of a cap on credit card interest rates, which is something that some analysts have said that you could see the left and the right coming together on in the new session of Congress. The president didn't want to comment on that one. He said, "I don't want to comment on that, but I can tell you I can work with them on many things, many more things than people understand. There are many ideas they have are absolute,” and he raised the idea of Bernie Sanders in the Sanders campaign. He said, he and Bernie Sanders were exactly the same on trade. So he said he wouldn't want to take tariffs off, for example, but he could work with the Democrats on financial items that he thinks would be mutually beneficial. But a little bit cagey here about exactly what those ideas are, at least at this early stage. But this is a president who is signaling to markets and signaling to Washington that he's ready to deal, Scott.
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Stephanie Hirlemann
CNBC
