President Trump
U.S. President Donald Trump walks on the South Lawn as he departs the White House on October 12. Getty Images

President Donald Trump rejected blame for the Republican party's rout in the midterms, saying results would have been widely different had he been running.

"I wasn't on the Ballot and if I was, we would have won IN A LANDSLIDE!" Trump said in a publication on his social media platform, Truth Social.

However, Trump's approval rate remained near career lows in November as voters soured on his handling of the economy. Only 32% of respondents to the most recent Reuters poll said they approved of his job in the White House, just one point above his lowest on record.

Almost four in five voters said the rising cost of living would be a very important or the most important factor in their vote. 43% said Democrats were better on the issue, compared to 32% of Republicans.

The poll aligns with other surveys that found the economy and the cost of living among voters' top issues. According to the Pew Research Center, 84 percent of voters said the economy was a very important issue heading into the election. As an issue, the economy is up five points in terms of importance to voters compared with what Pew found in the lead-up to the 2022 midterm elections.

Moreover, 49 percent of people said their household finances have gotten worse since Trump returned to office. Only 13 percent said things had improved and another 37 percent said things had stayed about the same.

Trump will also be facing heat from Democrats poised to control the House. Rep. Robert Garcia, set to become the Chairman of the House Oversight Committee, told the president to "lawyer up."

In a statement on Tuesday night, Garcia recalled that he has "vowed to take on the Trump Crime Family, corporate corruption, DHS and ICE abuses, and the cover-up of the Epstein files."

With a majority in the Lower House, Democrats will be able to issue subpoenas as part of oversight investigations.

Republicans are facing a rout, with NBC News projecting that Democrats will win about 244 House seats, the largest majority in almost 20 years. The new Congress will be sworn in on January 3.

Key losses for Republicans included those of Darline Graham in South Carolina and Michael Whatley in North Carolina. The former lost against Annie Andrews, who focused on economic problems in the state, portraying Graham as similar to her brother, part of a Washington establishment that does not care about the reality of people in South Carolina. She will now be the first Democrat to represent the state in the Senate since 1998. James Talarico also defeated Ken Paxton in Texas, becoming the first Democratic victor in the state in decades.