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Fortune
Fortune
Diane Brady

DARK SECRETS: The midterms are a referendum on trust - The Real Truth

Midterm Elections Referendum Fortune Donald Trump CEO Daily
Voters cast ballots at a polling station in Anchorage, Alaska (Credit: Justin Sullivan/Getty Images)
  • In today’s CEO Daily: What’s at stake in tomorrow’s elections.
  • The big leadership story: The AI boom hits a wall.
  • The markets: Stocks rebound globally.
  • Plus: All the news and watercooler chat from Fortune .

Good morning. The midterms are tomorrow, and the outcome will determine more than which party controls Congress. If Democrats win back the House, the Senate, or both, President Donald Trump will have a harder time securing the policies, people, and funding needed to carry out his agenda, and the right could push back. If the GOP retains control, there could be outrage on the left, some over the record $12 billion in projected campaign spending tracked by OpenSecrets, including almost half a billion by Elon Musk alone. Either way, the results will test public trust in three areas:

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