President Donald Trump announced Friday that Stephen Miller will become White House chief of staff, replacing Susie Wiles, who resigned Thursday night, according to a source familiar with the matter.
The announcement marks Trump’s first major personnel shake-up since Democrats swept Tuesday’s midterm elections.
Miller, who was serving as White House deputy chief of staff, will assume the role Monday, Nov. 9. Wiles will move to Trump’s political operation.
With Democrats poised to take control of both chambers of Congress, attention is quickly turning from the 2026 midterm elections to the leadership battles that will determine who guides the new House and Senate majorities.
Leadership elections are expected to begin next week, with Democrats facing some internal pressure over their current leaders and House Republicans preparing for a potentially tight contest of their own.
And if you checked your retirement account this week, you may have whiplash. In the span of three trading days, Wall Street swung from one of its best days in more than a year to its worst since April 2025, then partly clawed back Friday after a surprisingly strong jobs report.
President Donald Trump took credit for the rally and blamed Democratic voters for the drop. But economists say the bigger story is about artificial intelligence, and about whether the AI spending boom that has powered markets this year can keep up its pace.
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