Trump boasts of 'economic boom' as voters remain concerned about high prices
ABC News • • nation
Key Points:
- President Donald Trump delivered a speech in Michigan focusing on the economy, claiming inflation has been "defeated" and touting his administration's policies while promising new proposals on health care affordability and housing.
- Despite Trump's optimistic remarks, a Quinnipiac University poll shows 64% of voters see the cost of living as a serious problem, with 57% disapproving of his handling of the economy and nearly half believing it is worsening.
- Trump announced plans to ban large investors from buying more single-family homes and to cap credit card interest rates at 10%, though these proposals have faced skepticism from analysts and pushback from banks.
- The president criticized Federal Reserve Chairman Jerome Powell for not lowering interest rates and hinted at his
