Trump Links GOP Control to Crypto Bill, Warns Impeachment

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Donald Trump Ties GOP Control to Crypto Bill, Warns of New Impeachment

Written by Aaron S.,

Editor-In-Chief

Last Updated: January 07, 2026

Key Takeaways

Donald Trump warned Republicans that losing Congress in midterms could trigger a third impeachment by Democrats by citing past failed efforts;
The president linked GOP control to advancing priorities like a crypto regulation bill stalled in the Senate Banking Committee;
With Trump’s approval at 42% and Democrats favored to win the House, markets still see Republicans likely keeping Senate control.

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Donald Trump Ties GOP Control to Crypto Bill, Warns of New Impeachment

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US President Donald Trump told House Republicans on January 6 that failure to retain control in the midterm elections could lead to a third impeachment.

In a speech delivered at the Trump-Kennedy Center, President Trump warned that if Republicans lose their majority in Congress, Democrats would find a reason to impeach him.

He noted that he had already faced two impeachment efforts in his first term, first in 2019 for alleged abuse of power and obstruction tied to Ukraine, and again in early 2021 for inciting the January 6 Capitol riot, both of which ended in acquittal.

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The president emphasized that losing the House would hinder ongoing proposals, including a bill on crypto market structure awaiting another vote in the Senate Banking Committee led by Tim Scott.

Polls show Democrats currently lead in midterm projections, and betting markets like Polymarket give them nearly an 80% chance of capturing the House.

President Trump's approval rating stands at approximately 42% due to voter frustration over rising living costs and internal party disagreements over his handling of Epstein-related issues.

Even if impeached, President Trump could face another Senate acquittal. Polymarket markets estimate a 67% chance that Republicans will hold the upper chamber after the election.

Recently, President Trump praised Federal Reserve Governor Chris Waller, who is being considered for the Fed chair position. What did he say? Read the full story.