President Donald Trump has been on a roll since taking the reigns at the White House, but it can all come crashing down if Republicans drop the ball ahead of the midterm elections, Newt Gingrich warned this week.

The former Speaker appeared on the Fox Business show “Kudlow,” where he told host Larry Kudlow on Thursday that “there’s a lot at stake” in 2026 if majority Republicans don’t quickly pass the Trump economic agenda of tax cuts and other incentives.

“Almost guarantee losing the Republican House next year and ruining the last two years of President Trump’s term with Hakeem Jeffries playing the Nancy Pelosi role, investigations, blocking programs, potential impeachments,” the former Speaker said.

“I mean, there’s a lot at stake here, and it frankly mystifies me as to how House and Senate Republicans can’t understand you’ve got to plan back from victory,” he said.

He said that by June, Republicans must have legislative victories on issues like tax cuts, deregulation, and energy affordability.

“The victory here is winning in November of 2026. That requires a very strong economy. That requires a very strong tax cut deregulation, a pro energy affordability bill, certainly no later than May or June. And I cannot understand these guys, you know, I lived through it,” he said.

Gingrich also warned of the lessons from history that happen to administrations during midterm elections.

“Reagan lost 26 seats in the first off-year election because his tax cuts didn’t go into effect until 1983. Trump lost 42 seats in his first-off year election because the tax bill didn’t pass until October,” he said. “When I hear senators saying cavalierly, ‘Oh, we’ll pass the easy bill early, and we’ll get around to the other bill by October.’ They’re talking about killing the chances of keeping the House Republican.”