Democrats win the Senate but control of the House is still up in the air. Here’s what it means for your finances.

Democrats are projected to retake control of the House of Representatives, a move that CBS News reports will effectively halt President Trump’s legislative agenda and lead to investigations into his administration and business ventures. According to CBS News, economic discontent regarding the cost of living aided this shift from a razor-thin Republican majority.

While the total extent of the Democratic majority remains unclear as votes are counted, The Korea Times reports the party is on track to take control after flipping eight Republican seats in states including Kentucky, New Jersey, and North Carolina.

In the Senate, Democrats secured victories in South Carolina and Texas, seizing Republican strongholds for the first time in a generation, according to The Korea Times. In South Carolina, pediatrician Annie Andrews defeated Republican Darline Graham, who had been appointed to the seat following the death of Senator Lindsey Graham.

Dawn reports that Andrews’ win, alongside Roy Cooper’s projected victory in North Carolina, provided the party with two of the four seats required to take control of the chamber. NPR notes that these gains in several states were boosted by a challenging political environment for the GOP driven by voter frustration over high prices.

The election results are expected to impact Americans' investments and finances, according to MarketWatch. House Democrats, including Minority Leader Hakeem Jeffries, have signaled a desire to deliver dramatic change, with plans to use subpoena power in January to launch investigations into various topics, including immigration enforcement and the president's family business dealings, CBS News reports.

Brief written by urgent.news from MarketWatch, NPR, CBS News, The Korea Times, Dawn — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.