NEW YORK — Democratic nominee Hillary ClintonHillary Diane Rodham ClintonPaltry wage gains, rising deficits two key tax reform concerns Trump pressed Sessions to fire FBI agents who sent anti-Trump texts: report DNC sues Russia, Trump campaign and WikiLeaks over alleged election interference MORE conceded the presidential election during a phone call with Republican Donald TrumpDonald John TrumpIG investigating Comey memos over classified information: report Overnight Defense: Congress poised for busy week on nominations, defense bill | Trump to deliver Naval Academy commencement speech | Trump administration appeals decision to block suspected combatant's transfer Top Pruitt aid requested backdate to resignation letter: report MORE, according to a Clinton aide.

Trump won a shocking victory in the election, beating Clinton in several states she was thought to have a lock on.

Clinton will offer a concession speech on Wednesday, a Clinton aide said. 

Updated at 2:47 a.m.