President Trump struck a more positive tone in his first ever State of the Union address to Congress Tuesday night, but did he succeed in uniting a divided Washington? Cheddar's J.D. Durkin and Baker Machado break down all the biggest moments from the president's speech.
The economy took center stage in President Trumps's speech Tuesday night. He took the opportunity to highlight newly-enacted tax reform, one of his most visible accomplishments since taking office. Trump pointed to Apple's recent decision to invest in the U.S. as an example of tax reform's success.
President Trump also laid out his immigration plan and called on Congress to pass legislation. His plan includes protection for Dreamers as well as funding to build a wall on the U.S.-Mexico border. This elicited boos from Democratic lawmakers who have been vocal critics of the border wall.
Erin Delmore, senior political correspondent at Bustle, also joined us to give her take on the president's speech. Even though Trump's last year in office has been divisive, his State of the Union address struck a unifying tone. But Delmore says it remains to be seen whether Trump's message won over skeptical voters.
Sabrina Siddiqui, National Politics Reporter at The Wall Street Journal, joins to break down the SNAP funding delays and the human cost of the ongoing shutdown.
Arguments at the Supreme Court have concluded for the day as the justices consider President Donald Trump's sweeping unilateral tariffs in a trillion-dollar test of executive power.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. The move comes amid a fraught time for the central bank, with hiring sluggish and yet inflation stuck above the Fed’s 2% target. Compounding its challenges, the central bank is navigating without much of the economic data it typically relies on from the government. The Fed has signaled it may reduce its key rate again in December but the data drought raises the uncertainty around its next moves. Fed Chair Jerome Powell told reporters that there were “strongly differing views” at the central bank's policy meeting about to proceed going forward.
U.S. and Chinese officials say a trade deal between the world’s two largest economies is drawing closer. The sides have reached an initial consensus for President Donald Trump and Chinese leader Xi Jinping to aim to finalize during their high-stakes meeting Thursday in South Korea. Any agreement would be a relief to international markets. Trump's treasury secretary says discussions with China yielded preliminary agreements to stop the precursor chemicals for fentanyl from coming into the United States. Scott Bessent also says Beijing would make “substantial” purchases of soybean and other agricultural products while putting off export controls on rare earth elements needed for advanced technologies.
