High Prices Haunt Trump and the GOP on Eve of the Midterms NYT > Top Stories By: Tony Romm 30 October 2026 at 12:03 A backlash over high prices helped Republicans capture a majority in 2024. Now, it may be the source of the partyβs own undoing. Β© Doug Mills/The New York TimesPresident Trump at a campaign event on Tuesday in Lubbock, Texas, where he talked about the political forces that had propelled his return to office, including high prices.