In this video, President Trump leads a Cabinet Meeting, highlighting his administration’s achievements and plans for the second year in office.
Key topics covered include:
- Economic Growth : Trump emphasizes unprecedented economic growth, record-setting numbers, and a 5.4% GDP growth in the fourth quarter despite a “Democrat shutdown,” which he claims hindered a potential 7% growth. The S&P 500 hitting 7,000 for the first time and the Dow hitting record highs 52 times are cited as evidence of a booming stock market, adding $9 trillion to savings and retirement accounts.
- Investments and Job Creation : The President states that $18 trillion in investments have flowed into the country in less than a year, leading to thousands of new businesses, plants, and equipment being built. He contrasts this with the Biden administration’s reported less than $1 trillion in investments over four years.
- Inflation and Affordability : Trump discusses efforts to combat inflation, claiming that growth in real incomes is outpacing inflation by over $3,000 under his administration, contrasting it with a $34,000 cost to typical families under “Biden inflation.” He highlights falling gasoline prices (below $2 in many areas), decreasing grocery prices, airfares, hotels, car payments, and rent. He also claims his administration inherited the highest inflation in 48 years.
- Tax Cuts : Millions of Americans are expected to receive record-setting tax refunds, with an average refund over $1,000 higher than ever before, thanks to the administration’s tax cuts. He contrasts this with the Democrats’ proposal for the “largest tax hike ever.” He also mentions no tax on overtime, tips, or social security, and a new interest deduction for car loans.
- US Manufacturing and Tariffs : Trump attributes the return of car companies and manufacturing plants to the US from Mexico, Canada, Japan, and Germany to tariffs, which companies want to avoid paying. He highlights that for the first time in 26 years, the US produced more steel than Japan, directly linking this achievement to tariffs.
- Drug Prices : The administration aims to bring down prescription drug prices by 80-90% through a “most favored nation” policy, where the US will pay the lowest price for drugs globally. This policy was achieved by threatening tariffs on other imported goods.
- Foreign Policy and Hostage Release : The President discusses progress in the Middle East, including securing the release of the last hostage. He credits Hamas for assisting in the return of both living and deceased hostages. He also touches on efforts to demilitarize terrorists and establish an “all-Arab government.”
- Russia-Ukraine Conflict : Steve Witkoff details progress made in peace talks between Russia and Ukraine since Geneva, including a largely finished security protocol and prosperity agreement. Trump personally requested President Putin to halt firing on Ukrainian cities for a week due to extreme cold, which Putin agreed to.
- Trump Accounts and Future Economic Outlook : Scott Bessent highlights the success of “Trump Accounts,” with a million sign-ups in a week, and predicts 25 million eligible families. He anticipates a “Trump boom” in 2026, driven by supply-side policies, wage gains, and low prices. He also reiterates the positive impact of tariffs on US manufacturing and investments.
Sources: The White House , Midtown Tronune news