WASHINGTON (AP) — President Barack Obama is holding an afternoon news conference Wednesday to share his take on the midterm election results.

The president will speak from the East Room about 2:50 p.m. on the election, which delivered a harsh verdict for the Democrats.

The president's party lost control of the Senate, lost more turf in the GOP-controlled House and put a series of Democratic-leaning states under control of new Republican governors.

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