Overview
- An AP-NORC survey shows Trump’s approval at 36 percent overall and 33 percent on the economy, reflecting growing voter concern over living costs.
- Rep. Marjorie Taylor Greene rebuked Trump’s claims that prices are falling, calling the message “gaslighting” as voters report higher grocery, clothing and utility bills.
- After Democrats’ off-cycle wins centered on cost-of-living, the White House is rolling out an affordability message, with economic adviser Kevin Hassett acknowledging purchasing power concerns.
- At a private White House dinner with chiefs from JPMorgan, BlackRock, Goldman Sachs and Nasdaq, Trump sought pricing ideas and predicted 5–6 percent growth, a target attendees described as unrealistic.
- Tariff policies face renewed scrutiny, with a Goldman Sachs note citing partial cost pass-through to consumers and officials signaling targeted tariff relief on items like coffee and bananas, even as critics point to foreign-focus optics such as a $20 billion Argentina swap and possible Davos attendance.