{"id":"1793836574104-money-segment","slug":"dsa-wins-record-six-house-seats","title":"DSA wins record six House seats","summary":"In the 2026 midterms, Democrats won control of both the House and Senate. A record six DSA-endorsed candidates won House seats: Darializa Avila Chevalier, Claire Valdez, Melat Kiros, Angela Gonzales-Torres, Donavan McKinney, and Chris Rabb. [npr.org](https://www.npr.org/2026/11/03/g-s1-150034/2026-midterm-election-dsa-candidates)\n\nDSA candidates ran on economic populism (universal healthcare, childcare), opposition to the Gaza war, and rejection of corporate and pro-Israel lobby donations. They tapped voter frustration with the political system. [aljazeera.com](https://www.aljazeera.com/news/2026/11/4/democratic-socialists-of-america-see-record-wins-in-us-midterm-elections)\n\nNPR reports six DSA-endorsed candidates won House seats, not eight.","publishedAt":"2026-11-04T23:56:14.104Z","channel":{"id":"money","name":"Oncast Money","language":"en"},"show":"Closing Bell","verification":{"status":"verified","leadVerdict":"FALSE","notes":"FALSE: NPR reports six DSA-endorsed candidates won House seats, not eight.\nSource: NPR NAMES: DSA = Democratic Socialists of America. (https://x.com/Polymarket/status/2118114722461737226)","claims":[{"verdict":"FALSE","summary":"NPR reports six DSA-endorsed candidates won House seats, not eight.","sourceName":"NPR NAMES: DSA = Democratic Socialists of America.","sourceUrl":"https://x.com/Polymarket/status/2118114722461737226","claim":"JUST IN: 8 DSA-endorsed candidates win seats in Congress following historic midterm elections.","author":"@Polymarket"}]},"sources":[{"url":"https://x.com/Polymarket/status/2118114722461737226","name":"NPR NAMES: DSA = Democratic Socialists of America.","kind":"x","verdict":"FALSE","author":"@Polymarket"}],"url":"https://oncast.fm/story/1793836574104-money-segment-dsa-wins-record-six-house-seats","listenUrl":"https://oncast.fm/c/money","attribution":{"publisher":"Oncast","site":"https://oncast.fm","url":"https://oncast.fm/story/1793836574104-money-segment-dsa-wins-record-six-house-seats","cite":"Cite https://oncast.fm/story/1793836574104-money-segment-dsa-wins-record-six-house-seats and the original source links. Fact-check by Oncast (oncast.fm)."},"hostsSaid":[{"host":"Adam","text":"Six Democratic Socialists of America candidates just won House seats. That's a record."},{"host":"Bill","text":"And Polymarket says eight. They're off by two."},{"host":"Adam","text":"NPR has the actual count: six. Darializa Avila Chevalier, Claire Valdez, Melat Kiros, Angela Gonzales-Torres, Donavan McKinney, Chris Rabb."},{"host":"Bill","text":"Six is still a record. And it's not a fluke—these candidates ran on universal healthcare, childcare, and rejecting corporate money."},{"host":"Adam","text":"Right. And they won in a midterm where Democrats took both chambers. The question is what six socialists do to a thin majority."},{"host":"Bill","text":"They become the margin. Every vote counts, and now the DSA bloc can demand things."},{"host":"Adam","text":"Demand what, exactly? A $20 minimum wage? Medicare for All? That's not passing a divided Congress."},{"host":"Bill","text":"They don't need to pass it. They need to force the conversation. That's how the Squad worked."},{"host":"Adam","text":"The Squad got headlines. They didn't get laws."},{"host":"Bill","text":"They got the Overton window to move! Now mainstream Democrats are talking about childcare and anti-monopoly. That's the win."},{"host":"Adam","text":"I'll give you this: prediction markets called the Democratic wins before polls closed. CNBC reported that. The markets are getting good at this."},{"host":"Bill","text":"Polymarket had the DSA count wrong, though. So maybe not that good."},{"host":"Adam","text":"Fair. But the direction was right. That's what traders care about."},{"host":"Bill","text":"Speaking of traders—there's a post from a former Bitcoin sportsbook employee wondering how many people lost money betting on the midterms."},{"host":"Adam","text":"On Bluesky, Ash wrote: 'I used to work for a Bitcoin based sports book that would let you bet on anything and I wonder how many assholes lost piles of fuckin money tonight.'"},{"host":"Bill","text":"The phrasing is crude, but the point stands. Political betting is a blood sport."},{"host":"Adam","text":"And the Bitcoin angle matters. Crypto bettors were all over these markets. Some won, some got wiped."},{"host":"Bill","text":"Tom Hearden on Bluesky put it well: 'Not sure I buy the Bitcoin bounce. The bros spent all their coins on the losing side.'"},{"host":"Adam","text":"That's a real dynamic. When a big political bet goes wrong, people sell crypto to cover losses."},{"host":"Bill","text":"But Bitcoin is up, according to another post. So maybe the losers already sold, and now it's recovering."},{"host":"Adam","text":"Or the bounce is short-covering. Hard to say without volume data."},{"host":"Bill","text":"Downtown Josh Brown just posted 'There goes Bitcoin...' with no context. That's the kind of cryptic thing that moves markets."},{"host":"Adam","text":"He's a well-known commentator. When he posts that, people pay attention."},{"host":"Bill","text":"But it's just an observation. No claim, no analysis. Just vibes."},{"host":"Adam","text":"And vibes move crypto more than fundamentals. That's the whole game."},{"host":"Bill","text":"Different world entirely: China's AI stocks crashed, and now Goldman Sachs is reportedly saying buy the dip."},{"host":"Adam","text":"Zerohedge posted that, but I couldn't confirm the 55% crash or the Goldman call. Treat it as a rumor."},{"host":"Bill","text":"The 'Plunge Protection Team' reference is telling. That's the informal term for state-backed market support."},{"host":"Adam","text":"If Beijing is stepping in, that's a different kind of market. Not one I'd want to trade against."},{"host":"Bill","text":"But here's the thing: when a stock crashes 55%, a bounce is normal. Dead cat or not, someone's buying."},{"host":"Adam","text":"The question is whether Goldman is actually saying that. Zerohedge has a history of... creative headlines."},{"host":"Bill","text":"Creative is one word for it."},{"host":"Adam","text":"Meanwhile, there's a claim about a global diesel crunch lasting into 2027. Also from Zerohedge, also unconfirmed."},{"host":"Bill","text":"If true, that's a supply chain story with real teeth. Diesel moves everything."},{"host":"Adam","text":"But I can't verify the forecast. So it's a claim, not a fact."},{"host":"Bill","text":"Fair. Let's talk about something we can verify: AI usage is exploding."},{"host":"Adam","text":"SensorTower data, again unconfirmed, says Claude's monthly active users jumped sharply year over year."},{"host":"Bill","text":"That's a massive number. Even if it's half right, Anthropic is having a moment."},{"host":"Adam","text":"According to the same unconfirmed data, Meta AI and Gemini also grew, but Perplexity fell. The AI race is not evenly distributed."},{"host":"Bill","text":"ChatGPT reportedly still grew, which is impressive for a product that's been out for years."},{"host":"Adam","text":"The story here is that the AI market is not winner-take-all. Multiple players are scaling."},{"host":"Bill","text":"And that's good for consumers. Competition keeps prices down and innovation up."},{"host":"Adam","text":"But it's bad for investors who bet on a single winner. The AI trade is getting crowded."},{"host":"Bill","text":"Crowded trades unwind violently. We saw that with the Nasdaq selloff."},{"host":"Adam","text":"One more thing: a UK woman reportedly broke the Guinness record for loudest female shout. With a cold."},{"host":"Bill","text":"That's louder than a jackhammer. And she had a cold?"},{"host":"Adam","text":"I couldn't confirm the record, but if true, that's impressive. Most people lose their voice with a cold."},{"host":"Bill","text":"Maybe the congestion helped. Like a built-in amplifier."},{"host":"Adam","text":"I don't think that's how acoustics work."},{"host":"Bill","text":"It's how I'm choosing to believe it works."}]}