President Trump promises an era of economic prosperity while dismissing recession fears. White House Press Secretary Karoline Leavitt praises Trump’s economic agenda, emphasizing deregulation, tax cuts, and job growth. Will Trump’s policies lead to wealth or another market crash? Get the latest insights here!
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NewsTranscript
00:00And he said he wants the American people to have so much money in their pockets
00:04They don't even know what to do with it
00:05That's the intent of this administration and we're working very hard every day
00:08Under Joe Biden all net job growth went to foreign-born Americans real wages declined by one and a half percent under Joe Biden
00:17More than 20% under Joe Biden because of his reckless spending and economic policies
00:22So we are in a period of transition from that economic nightmare under a president who had no idea what he was doing
00:28never held the private sector job in his life into a golden age of American manufacturing under a
00:35Businessman and a dealmaker-in-chief and look at President Trump's results in his first term if people are looking for certainty
00:41They should look at the record of this president
00:44That's why the American people reelected him back to this office and today of the dot-com bubble crash
00:50There's a lot of concern for a lot of Americans right now about the state of the economy
00:54President Trump has refused to rule out a recession secretary
00:57Lutnick, however has told us there will not be one
01:00So can the White House just tell and assure Americans today that there's not going to be a recession
01:04Well, there's a lot to unpack there
01:05So let me start by saying that first of all when it comes to the stock market
01:09the numbers that we see today the numbers we saw yesterday the numbers we saw see we'll see tomorrow are a
01:14Snapshot of a moment in time and as President Trump has said and I'm here to echo the remarks of this president of this White
01:21House we are in a period of
01:23Economic transition we are in a period of transition from the mess that was created under Joe Biden in the previous administration
01:31Joe Biden left this country in an economic disaster
01:35Several statistics to point out the delinquency rate on credit card loans increased
01:4063% under Joe Biden hitting a near 12-year high under Joe Biden all net job growth went to foreign-born
01:47Americans real wages declined by one and a half percent under Joe Biden
01:51And as we all know and this administration continues to combat prices soared more than 20%
01:57Under Joe Biden because of his reckless spending and economic policies
02:01So we are in a period of transition from that economic nightmare under a president who had no idea what he was doing
02:07Never held the private sector job in his life into a golden age of American manufacturing
02:13under a businessman and a dealmaker-in-chief in President Donald J Trump who will be implementing is
02:19Implementing the formula that we know works look at President Trump's results in his first term if people are looking for certainty
02:27They should look at the record of this president
02:29That's why the American people reelected him back to this office and look at everything that President Trump has already done
02:35And his team has already done in just 51 days the massive efforts to deregulate
02:41Tax cuts which we need Congress to pass the Trump economic agenda the Trump tax cuts which will unleash
02:47Economic growth and the president also addressed this directly
02:51I will point out as well
02:52When you look at what he said on Air Force One
02:55And he said he wants the American people to have so much money in their pockets. They don't even know what to do with it
03:00That's the intent of this administration and we're working very hard every day on that goal second question on the CR
03:06So President Trump came out today in a primary challenge against congressman Thomas Massey congressman Massey has been a supporter of Doge
03:12He's been a supporter of make America healthy again
03:15What kind of message is this White House sending against a congressman who's sticking up for principles that he's long held?
03:21In the chamber and voting against continuing resolution and spending
03:25I think the president has made it very clear that he believes it's critical for
03:29Conservatives and Republicans and frankly all members of Congress to get behind this continuing
03:35Resolution to keep the government funded the president wants to continue the momentum that he has built over the last 51 days
03:42In order to keep the government funded we got to keep moving with these deportations
03:46And he believes that everybody needs to get on board with this bill. He's been active in this process
03:50He's been making calls to get this over the finish line and we're urging every Republican and Democrats to to do
03:56What's right for the American public to prevent a government shutdown last question here on Mahmoud Khalil?
04:01Does the administration believe that it needs to charge a green card holder with a crime to be eligible for deportation?
04:09Well, in fact Secretary Rubio
04:13Reserves the right to revoke the visa of Mahmoud Khalil and I'm glad you brought this up
04:18Under the Immigration and Nationality Act the Secretary of State has the right to revoke a green card or a visa for individuals
04:26who serve
04:27or adversarial to the foreign policy and national security interests of the United States of America and
04:33Mahmoud Khalil was an individual who was given the privilege of coming to this country to study at one of our nation's finest
04:42universities and colleges
04:44And he took advantage of that opportunity of that privilege by siding with terrorists
04:49Hamas terrorists who have killed innocent men women and children
04:53This is an individual who organized group protests that not only disrupted
04:58College campus classes and harassed Jewish American students and made them feel unsafe on their own college campus
05:05But also distributed pro Hamas propaganda flyers with the logo of Hamas
05:11That is what the behavior and activity that this individual engaged in and I have those flyers on my desk
05:18They were provided to me by the Department of Homeland Security
05:20I thought about bringing them into this briefing room to share with all of you
05:23But I didn't think it was worth the dignity of this room to bring that pro Hamas propaganda
05:28But that's what this individual distributed on the campus of Columbia University and this administration is not going to tolerate
05:35Individuals having the privilege of studying in our country and then siding with pro-terrorist organizations that have killed
05:42Americans we have a zero tolerance policy for siding with terrorists period Peter Doocy
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