Q1 Earnings Reports: Companies Expect Prices to Rise Even More as Trump’s Tariffs and War With Iran Tank the Economy
During earnings calls for the first quarter of the year, executives of major American companies, including Walmart, Home Depot, Costco, Dollar Tree, and others expressed continued skepticism about Donald Trump’s disastrous economy. Executives pointed to declining consumer sentiment, noting that consumers are cutting back on spending because of high prices… Read More
Trump Admin Promised Gas Prices Would Come Down By Summer — Where is the Relief?
Chris Wright said “there’s a very good chance” that gas will be back under $3 a gallon by summer — yet the average price of gas is almost $4.40 a gallon Since Donald Trump started his unpopular war of choice with Iran, gas prices have surged with no end… Read More
DNC Statement on Jewish American Heritage Month
DNC Chair Ken Martin released the following statement marking Jewish American Heritage Month: “During Jewish American Heritage Month, Democrats are proud to recognize the generations of Jewish individuals and families who have invaluably contributed to the fabric and history of the United States, often fleeing oppression and discrimination to do… Read More
Donald Trump is Ripping Away Essential Programs That AANHPI Communities Rely On
Asian American, Native Hawaiian, and Pacific Islander (AANHPI) communities are suffering because of Trump’s reckless economic agenda, with skyrocketing costs putting the American dream out of reach. Trump’s cruel policies and Big Ugly Bill will only make their lives worse by further ripping away access to programs that keep AANHPI… Read More
Trump Spends $5 Million of Taxpayer Money to Gild Statues, While He Slashes Healthcare and Food Assistance
Donald Trump’s administration is spending $5 million in taxpayer funds to coat four horses near the Lincoln Memorial in gold. Trump is already seeking $1 billion in taxpayer funds for his White House ballroom project, $100 million for his “Arc de Trump,” and over $13 million to… Read More
DCCC, DSCC, DNC, DGA Statement on Recent Court Order Regarding Trump’s Executive Order To Restrict Mail-In Voting
Following a decision by a Federal District Court regarding Trump’s Executive Order to restrict mail-in voting, DCCC Executive Director Julie Merz, DSCC Executive Director Devan Barber, DGA Executive Director Meghan Meehan-Draper, and DNC Executive Director Roger Lau released the following statement: “We are confident we will prevail in… Read More
NEW INFLATION DATA: Prices Surge To Record Highs as the Trump-Vance Economy Continues to Nosedive
New economic data released today reveals that under Donald Trump and JD Vance, core inflation in April surged to 3.8%, the highest level in three years. First-quarter GDP growth was also revised down to 1.6% from 2.0%, as Trump’s deadly and costly war with Iran continues to stifle economic… Read More
NEW: Mortgage Rates Hit Nine-Month High, as Trump’s Trade War and War With Iran Make Homeownership a Pipe Dream
New data from the Mortgage Bankers Association revealed that the average 30-year fixed-rate mortgage — the most popular U.S. home loan — rose to its highest rate in nine months. Mortgage applications also dropped 8.5% last week, largely due to a decline in refinancing. Donald Trump’s reckless trade war… Read More
Trump Convenes Cabinet Meeting Amid Historically Low Approval Ratings and Dysfunction and Chaos Across His Administration
Trump’s disapproval rating hit its highest point ever this week Today, Donald Trump hosted a cabinet meeting amid historically low approval ratings and internal dysfunction and chaos inside his White House. Americans continue to express outrage over Trump’s tanking economy, unpopular war of choice with Iran, and rampant… Read More
DNC Congratulates Democratic Nominee Johnny Garcia on His Victory in the Texas Democratic Congressional District 35 Primary
The DNC congratulates Johnny Garcia for winning the Democratic primary for Texas’ 35th Congressional District. Across Texas, Democratic voters backed candidates like Garcia who are focused on lowering costs, protecting healthcare, and fighting for working families. This year, Democrats are seizing the opportunity to win this Republican-leaning seat and take… Read More