November 7, 2018 12:07 pm
Updated: November 7, 2018 4:51 pm

Latest updates: What’s happening the day after the U.S. midterm elections

WATCH: Democrats regain control of house while Republicans hold senate

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The U.S. midterm elections saw the Republicans retain control of the Senate, while power in the House of Representatives was handed over to the Democrats.

With 218 seats needed for a majority in the 435-member House, Democrats have won 222 and the Republicans 196.

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READ MORE: The 2018 U.S. midterm elections are over. Here’s what you need to know

While most results were locked in by Wednesday morning, winners are undetermined in 17 races.

In the Senate, 51 seats are held by Republicans following the election, while the Democrats control 46. Three races are still to be called.

U.S. President Donald Trump, along with several other politicians, are expected to address the results at news conferences throughout the day.

Here is the latest on what’s going on south of the border following the election. This post will be updated throughout the day, so check back for updates.

Trump to be asked about his taxes, 4:20 p.m.

A Massachusetts Democrat who is poised to take charge of a powerful House committee says he plans to ask for President Donald Trump’s tax returns.

Rep. Richard Neal said, “Yes, I think we will,” when asked Wednesday whether the House Ways and Means Committee would seek the documents.

Neal says he hopes Trump will release the tax returns on his own, but notes that he’ll have the power to ask for them as chairman. He says such a request will probably face legal challenges.

WATCH: Attorney General Jeff Sessions resigns

Jeff Sessions resigns, 3 p.m.

U.S. Attorney General Jeff Sessions has resigned at the request of President Donald Trump.

Trump made the announcement via Twitter Wednesday afternoon.

It had long been speculated that Sessions would be replaced following the midterm elections.

READ MORE: At Donald Trump’s request, Jeff Sessions resigns as attorney general

Pelosi eyes House speaker position, 1:45 p.m.

Democratic leader Nancy Pelosi told reporters she is the “best person” for House speaker and is confident of winning enough support to take the position, now that her party will take control.

Pelosi added Democrats running the House next year “must stand our ground,” but will seek to compromise with Trump.

AP calls more races, 1:10 p.m.

The Associated Press says Democrat Jon Tester has won re-election to U.S. Senate from Montana.

Republican Duncan D. Hunter has won re-election to U.S. House in California’s 50th congressional district. Republican Jim Hagedorn also won a House seat in Minnesota’s 1st congressional district.

Trump says he will retaliate if Democrats investigate him, 12:30 p.m.

The president delivered a stark warning to the new Democratic House majority on Wednesday: Investigate me, and I’ll investigate you — and the government will grind to a halt.

He said that if Democrats in the House come after him, “we’ve got” a thing called the U.S. Senate.

Trump added that Democrats have “nothing, zero,” on him.

WATCH: Trump gets into argument with reporters following election

Trump boasts election wins, 11:45 a.m.

Trump held a news conference from the White House Wednesday, bragging about the success Republicans had in the Senate.

The president said voters “clearly rebuked the Senate Democrats for their handling of the Kavanaugh hearing.”

READ MORE: 6 unexpected things Donald Trump said during the post-midterm press 

He also falsely said that House Republicans “dramatically outperformed historical precedents.” The Republicans lost control of the House.

During the news conference, Trump touched on a variety of topics from the Russia investigation to border security.

The president also sparred with media, repeatedly shouting “sit down” to some journalists.

WATCH: What do the U.S. midterms mean for Trump’s presidency?

Mitch McConnell reacts to the election, 11 a.m. ET

U.S. Senate Majority Leader Mitch McConnell said on Wednesday infrastructure and health care would be on the U.S. Senate agenda in 2019.

McConnell said senators would likely tackle Obamacare fixes and prescription drug prices, but that changes to Medicare and Social Security were unlikely.

Additionally, any new tax legislation would need bipartisan support, he said.

WATCH: Sen. McConnell warns Democrats that ‘presidential harassment’ won’t work

Florida recount, 10:30 a.m. ET

Democratic U.S. Senator Bill Nelson, seeking to hold onto his seat in Florida, vowed on Wednesday to pursue a recount in his race against his Republican challenger and close Trump ally Rick Scott.

Unofficial results showed Nelson trailing Scott by less than one-half of a percentage point. A statement from Nelson said state law required a recount when candidates were within such a margin.

“The deadline is noon Saturday, or perhaps longer under certain circumstances, to determine whether the recount proceeds under law,” the statement said, adding that further steps were needed to recheck vote tallies before proceeding.

— With files from Reuters, The Associated Press

© 2018 Global News, a division of Corus Entertainment Inc.

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