India, Nov. 4 -- President Donald Trump congratulated Democrats on their midterm election victories after early results showed Republicans suffered major losses in Congress. He said he was ready to work with the opposition party to advance the country's interests.

"My message is, congratulations to the Democrats, and I look forward to working with you for the good of our country," Trump told CBS News in a phone interview after polls near close on Tuesday nights.

House Speaker Mike Johnson also acknowledged the Republican Party could not overcome historical trends that often hurt the president's party during midterm elections. "From the first day of this election, we knew that to keep the House and sustain our majority, we would have to ...