Overview
- On Fox & Friends, Peter Schiff said Trump’s policies would make life more unaffordable than under Joe Biden, forecasting faster inflation and sizable home-price declines.
- Trump fired back on Truth Social, labeling Schiff a "Trump hating loser" and a "jerk," attacking the show's booker, and asserting that prices are falling with gasoline hitting $1.99 in some states.
- Schiff answered on X by challenging Trump or a designee to debate the U.S. economy and arguing the administration is worsening the affordability crisis.
- The president also criticized CNN’s Kaitlan Collins over questions about a new White House ballroom, claiming the project is privately funded, under budget, and ahead of schedule.
- News outlets highlighted the exchange as a flashpoint in a broader fight over affordability that poses political risks for Republicans heading toward 2026, with the back-and-forth continuing to gain traction.