The Dictatorship
Trump uses White House address to insist he has the economy humming
In a wide-ranging address to the nation from the White House on Wednesday night, President Donald Trump sought to tout the wins of his time back in office while also blaming Democrats for problems that continue to plague the country under his administration — especially the cost-of-living crisis.
The president teased one-time bonuses for members of the military and vague plans around housing and health care as he at times breathlessly raced through other favorite themes.
“Eleven months ago I inherited a mess and I’m fixing it,” Trump said from behind a lectern, his voice quickly rising at the start of a roughly 20-minute speech that amounted to a remarkable display of defiance of public opinion.
Polling has repeatedly shown the president facing disapproval from a majority of Americans, especially on the economy. A new PBS News/NPR/Marist poll released Wednesday found that Trump’s approval rating on the economy is at its lowest point ever — 36% — and more than 60% of Americans say the economy is not working well for them.
Instead of acknowledging those sentiments, Trump painted a picture of an administration achieving what he repeatedly called historic successes and characterized persistent challenges as leftover struggles of the Biden administration.
“We’re bringing our economy back from the brink of ruin,” he said.
Trump touted real drops in the prices of eggsThanksgiving turkeys and gasolineas well as cost-cutting deals he made with prescription drug companies. Other claims, though, were inflated, lacking context or unsupported by evidence.
For example, Trump said gasoline “is now under $2.50 a gallon in much of the country” — but the average price nationally as of Wednesday was $2.91 a gallon, according to AAA.
He also claimed “inflation has stopped,” and on Thursday morning, the Bureau of Labor Statistics seemed to support the idea that inflation has at least slowed, releasing a delayed Consumer Price Index report concluding it rose 2.7% in November compared to a year earlier, down from 3% in September. That November figure was lower than expected, but the bureau noted that it had no data from October and only the back half of November due to the government shutdown. That, economists warned, means Black Friday sales could have pulled the overall inflation figure down.
Much like Vice President JD Vance during his own speech on the economy Tuesday in Pennsylvania, Trump urged Americans to stay patient, pledging they would see more cash “in your wallets and bank accounts in the new year” thanks to both tariffs and the “Big Beautiful Bill.”
But the reality is more complex. Trump’s tariffs have cut into profits and have caused financial difficulty for both producers, who have raised prices to offset the impact of tariffs, and consumers, who have paid more for goods as a result. A Yale Budget Lab analysis estimatedtariffs will cost average households $1,700.
Since his initial “Liberation Day” announcement of massive tariffs back in April, the inflation rate has climbed from 2.3% to 3%. Food prices are also up, and were 3.2% higher this August compared to a year before.
When it comes to the “Big Beautiful Bill,” Trump pledged it will lead to “the largest tax cuts in American history.” But experts have said that the refunds will not impact all families equally, and the “Big Beautiful Bill” enacted historic cuts to both Medicaid and the Supplemental Nutrition Assistance Program, which many low-income families rely on to afford health care and groceries.
Trump also mentioned a housing policy announcement to come in the new year that echoed arguments Vance has made, alleging that undocumented immigrants are responsible for rising housing costs.
“A major factor in driving up housing costs was the colossal border invasion,” Trump said.
Economists and housing experts reject that notion, pointing instead to housing shortages and elevated mortgage rates as the primary drivers of rising costs. Some have also warned that mass deportations could worsen the problem by further delaying the construction of new homes, given the crucial role immigrants play in the construction industry.
Trump also derided the Affordable Care Act but did not directly acknowledge looming spikes in health insurance premiums for enrollees. With Congress failing to extend Affordable Care Act subsidies before departing for the holiday recess, enrollees’ monthly premiums are expected to increase by more than 100%, to an average of $1,900, according to the health policy organization KFF.
“It’s their fault. It is not the Republicans’ fault. It’s Democrats’ fault!” he asserted, attempting to counter a likely 2026 campaign plank from the opposing party, which forced the recent government shutdown when Republicans refused to extend the expiring subsidies.
The closest Trump got to actually putting more money in Americans’ pockets was the announcement of what he called a “warrior dividend” of $1,776 — “in honor of our nation’s founding in 1776,” he said — to be paid out to more than 1.45 million service members.
“The checks are already on the way,” he said.
Apart from the economy, Trump also sought to cast himself as restoring law and order — without acknowledging that, on his first day back in office, he pardoned1,500 people who stormed the Capitol on Jan. 6, 2021, including people who inflicted violence on police officers.
“For the last four years, the United States was ruled by politicians who fought only for insiders, illegal aliens, career criminals, corporate lobbyists, prisoners, terrorists and above all foreign nations which took advantage of us at levels never seen before,” he said.
Trump did not directly reference U.S. forces’ repeated attacks on small boats the administration claims are ferrying drugs from Venezuela — preemptive strikes that have killed dozens, called Defense Secretary Pete Hegseth’s job security into question and driven a wedge between the U.S. and some key allies.
But barely half an hour before Trump began speaking, U.S. Southern Command announced it had taken out another boat, killing four people.
Trump claimed his administration has “decimated the bloodthirsty foreign drug cartels” that were “poisoning and destroying our population.”
Yet just this month, Trump abruptly pardoned ex-Honduran President Juan Orlando Hernandezwho was serving a 45-year sentence for working with cartels to traffic hundreds of tons of cocaine to the U.S.
Beyond the elements of revisionist history, Trump sprinkled his speech about his first year back in office with promises that America will finally be great again — soon.
“When the world looks at us next year,” Trump concluded, “let them see a nation that is loyal to its citizens, faithful to its workers, confident to its identity, certain to its destiny and the envy of the entire globe.”
Sydney Carruth contributed to this report.
Julianne McShane is a breaking news reporter for MS NOW.
Akayla Gardner is a White House correspondent for MS NOW.
The Dictatorship
Justice Jackson chides ‘oblivious’ Supreme Court conservatives…
WASHINGTON (AP) — Supreme CourtJustice Ketanji Brown Jackson has delivered a sustained attack on her conservative colleagues’ use of emergency orders to benefit the Trump administration, calling the orders “scratch-paper musings” that can “seem oblivious and thus ring hollow.”
The court’s newest justice, Jackson delivered a lengthy assessment of roughly two dozen court orders issued last year that allowed President Donald Trump to put in place controversial policies on immigration, steep federal funding cuts and other topics, after lower courts found they were likely illegal.
While designed to be short-term, those orders have largely allowed Trump to move ahead — for now — with key parts of his sweeping agenda.
Jackson spoke for nearly an hour on Monday at Yale Law School, which posted a video of the event on Wednesday.
Last week, Justice Sonia Sotomayor similarly talked about emergency orders in an event Tuesday at the University of Alabama that also took issue with the conservatives’ approach.
Jackson has previously criticized the emergency orders both in dissenting opinions and in an unusual appearance with Justice Brett Kavanaugh last month. But her talk at Yale, addressing the public rather than the other eight justices, was notable.
She referred to orders, which often are issued with little or no explanation as “back-of-the-envelope, first-blush impressions of the merits of the legal issue.”
Worse still, she said, was that the court then insists that “those scratch-paper musings” be applied by lower courts in other cases.
The orders suffer from an additional problem, she said, a failure to acknowledge that real people are involved, making them “seem oblivious and thus ring hollow.”
She also pushed back on the court’s assessment that preventing the president from putting his policy in place also is a harm that often outweighs what the challengers to a policy might face.
“The president of the United States, though he may be harmed in an abstract way, he certainly isn’t harmed if what he wants to do is illegal,” Jackson said during a question-and-answer session with law school dean Cristina Rodriguez.
The court used to be reluctant to step into cases early in the legal process, she said. “There is value in avoiding having the court continually touching the third rail of every divisive policy issue in American life,” Jackson said.
While she said she couldn’t explain the change, “in recent years, the Supreme Court has taken a decidedly different approach to addressing emergency stay applications. It has been noticeably less restrained, especially with respect to pending cases that involve controversial matters.”
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Jackson, often joined by Sotomayor and Justice Elena Kagan, has frequently dissented.
There have been conversations about emergency orders among the justices, Jackson said, but she decided to speak publicly with the goal of being “a catalyst for change.”
Also on Wednesday, Sotomayor issued a rare public apology to another justice, Kavanaugh, for what she termed “hurtful comments” she made last week during an appearance at the University of Kansas law school.
Referencing an opinion Kavanaugh wrote in an immigration case where the court granted an emergency order sought by the administration, Sotomayor said her colleague “probably doesn’t really know any person who works by the hour.” Her remarks were reported by Bloomberg Law.
The Dictatorship
Trump threatens to fire Powell if the Fed Chair remains with central bank after his term ends
WASHINGTON (AP) — Federal prosecutors made an unannounced visit this week to a construction site at Federal Reserve headquarters that is the focus of an investigation into a $2.5 billion renovation projectaccording to two people familiar with the visit.
Two prosecutors and an investigator from U.S. Attorney Jeanine Pirro’s office were turned away on Tuesday by a building contractor and referred to Fed attorneys, one of the people said. The two people familiar with the visit spoke on condition of anonymity because they weren’t authorized to publicly discuss an ongoing investigation.
The visit underscores that the Trump administration is not backing down from its investigation of the Fed and its chair, Jerome Powell, even though the probe has delayed the confirmation of a new chair nominated by President Donald Trump. The investigation is focused on cost overruns and brief testimony about the project last summer by Powell. Trump confirmed in an interview that aired Wednesday on Fox Business that he wants to continue the probe.
Last month, during a closed-door hearing before a federal judge, a top deputy from Pirro’s office conceded that they hadn’t found any evidence of a crime in their investigation of the headquarters project.
Robert Hur, an attorney for the Federal Reserve board of governors, sent an email to Pirro’s prosecutors about their visit and their request for a “tour” to “check on progress” at the construction site. Hur’s email, which The Associated Press has viewed, noted that U.S. District Judge James Boasberg concluded that their interest in the Federal Reserve’s renovation project was “pretextual.”
AP AUDIO: Prosecutors sought access to Federal Reserve building as Trump threatens to fire Powell
AP Washington correspondent Sagar Meghani reports on more drama surrounding a federal probe of a massive construction project at the Federal Reserve’s headquarters.
“Should you wish to challenge that finding, the courts provide an avenue for you; it is not appropriate for you to try to circumvent it,” Hur wrote.
Republican Tillis is key vote
Sen. Thom Tillis, a North Carolina Republican who is a key member of the Senate Banking Committee, has vowed to vote against Kevin WarshTrump’s nominee to replace Powell as Fed chair, until the investigation is dropped. With the committee closely divided on partisan lines, Tillis’ opposition is enough to block Warsh from receiving the committee’s approval.
Tillis on Wednesday criticized the investigation as “bogus, ill-timed, ill-informed” and repeated that seven Republican members of the banking panel have said they do not believe Powell committed a crime when he testified last June.
Tillis also said there aren’t enough votes on the committee or in the broader Senate to do an end-run around the committee and get Warsh confirmed some other way.
“There really is no path,” he told reporters, adding that Pirro and her aides were “asleep at the switch” because the investigation has essentially delayed Powell’s departure from the Fed, despite Trump’s obsessive criticism of the Fed chair. Powell has now said he won’t leave until the investigation is resolved.
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Tillis suggested Pirro blindsided the White House with her investigation. “They should have consulted with the White House, because I’m sure if they would have, (the White House) would have said, ‘no, we can wait,’” until Powell steps down.
But Kevin Hassett, the Trump administration’s top economist, said Wednesday that the Justice Department got involved because “the president wanted to investigate the cost overrun,” Axios reported.
The Banking panel said Tuesday that it will hold a hearing on Warsh’s nomination April 21. Powell’s term as Fed chair ends May 15, but Powell said last month he would remain as chair until a replacement is named.
Powell is serving a separate term as a member of the Fed’s governing board that lasts until January 2028. Chairs typically leave the board when their terms as chair end, but they can remain on the board if they choose. Powell has said he won’t leave until the investigation is resolved. If he remains it would deny Trump the opportunity to appoint someone else to the seven-member board.
Late Tuesday Tillis posted a link on social media to The Wall Street Journal’s article on the visit below an image of the Three Stooges and wrote, “The U.S. Attorney’s Office for D.C. at the crime scene.”
Investigation centers on building renovations
The investigation centers on an appearance by Powell before the Banking Committee last June, when he was asked about cost overruns on the renovations. The most recent estimates from the Fed suggest the current estimated cost of $2.5 billion is about $600 million higher than a 2022 estimate of $1.9 billion.
“It is probably corrupt, but what it really is, is incompetent,” Trump said. “Don’t you think we have to find out what happened there?”
The president’s support for the investigation threatens a timeframe set out by Sen. Tim Scott, a South Carolina Republican who chairs the Banking Committee. Scott said Tuesday on Fox Business that he believed the investigation would be “wrapped up in the next few weeks,” allowing Warsh to be confirmed soon after.
Threat to fire Powell
News of the unannounced visit by prosecutors comes as Trump has again threatened to fire Powell, if the Federal Reserve Chair decides to stay on the central bank’s governing board after his term as chair expires next month.
“Well then I’ll have to fire him, OK?” Trump said.
Trump has for months wanted to remove Powell, saying he has been too slow in orchestrating interest rate cuts that would give the U.S. economy a quick boost. Powell has said the investigation is a pretext to undermine the Fed’s independence to set rates.
Sen. Josh Hawley, a Missouri Republican, said Trump can only fire Powell “for cause,” meaning some kind of misconduct, “so that’s a pretty tall order.”
Supreme Court weighing another Trump removal
Trump’s threat to fire Powell comes as the Supreme Court is weighing the president’s effort to remove another central bank governor, Lisa Cook. Lower courts have so far allowed Cook to remain in her job while her legal challenge to the firing continues. The Supreme Court also seemed likely to keep her on the Fed when the court heard arguments in January. A decision could come any time.
The issue in Cook’s case is whether allegations of mortgage fraud, which she has denied, is a sufficient reason to fire her or a mere pretext masking Trump’s desire to exert more control over U.S. interest rate policy.
The Supreme Court has allowed the firings of the heads of other governmental agencies at the president’s discretion, with no claim that they did anything wrong, while also signaling that it is approaching the independence of the nation’s central bank more cautiouslycalling the Fed “a uniquely structured, quasi-private entity.”
___
AP Writers Seung Min Kim, Mark Sherman, Paul Wiseman, Alanna Durkin Richer, and video journalist Nathan Ellgren contributed to this report.
The Dictatorship
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