Donald Trump-related activity tracking.
2025
Dec23
US President Trump believes that inflation will resolve itself.
President Trump claims that tariffs are the main reason for the excellent U.S. economic data recently released, with the third quarter GDP growth at 4.3%, the fastest in two years.
The U.S. third-quarter real GDP annualized growth rate was 4.3%, surpassing the expected 3.3% and the previous 3.8%.
Huntington Ingalls' shares rose 4.4% to $368.99 premarket after President Trump announced plans for a new 'Trump class' of battleships, initiating an expanded naval buildup. The program will start with two vessels and could grow to 20-25 ships. HII shares have increased 87% YTD after a 27% slump in 2024.
Trump's 2026 budget proposal eliminates the federal agency that investigates major chemical plant explosions and industrial accidents across the United States.
Dec22
President Trump announced plans to negotiate with companies operating naval shipyards, aiming to strengthen the U.S. shipbuilding industry.
President Trump will appoint a new Federal Reserve Chair in the first week of January, as Jerome Powell's term ends in May. Trump seeks a successor who supports growth-friendly monetary policies, with candidates including Fed Governor Waller, Bowman, White House economic advisor Hassett, and former Fed Governor Walsh.
U.S. Senator Murphy plans to legally block President Trump's order concerning wind farms.
Donald Trump has pledged to support the self-custody rights of American citizens for cryptocurrencies, aligning with the decentralized ethos of the industry. This stance is seen as a significant positive for the crypto sector, potentially benefiting platforms like Robinhood that offer crypto trading and custody services.
Dec21
The US unemployment rate has risen to 4.6%, the highest in several years, indicating potential challenges for economic growth, markets, and household finances.
White House National Economic Council Director Hassett stated that the current core inflation rate's three-month average is 1.6%. Trump is seeking a data-dependent candidate for the Federal Reserve Chair position.
Dec20
Coinbase's 2026 outlook report highlights that a new tax law, effective from 2026, will limit the tax deduction for gambling losses, potentially making prediction markets a more tax-efficient alternative for gamblers.
President Trump announced a meeting with health insurance companies, potentially aiming to reach an agreement.
Dec19
President Trump announced an agreement with nine pharmaceutical companies to lower drug prices in exchange for a three-year tariff relief period. The agreement includes price reductions, discount sales, and new drugs priced the same as in overseas markets. Companies involved include Genentech and Novartis, while AbbVie, Johnson & Johnson, and Regeneron have yet to reach agreements.
President Trump plans to convene a meeting with insurance companies to discuss reducing insurance prices. He mentioned this during an event at the White House where he announced a price agreement with pharmaceutical companies. The meeting might take place next week in Florida or after the Christmas holidays when he returns to the White House. Trump emphasized that insurance companies are making too much money and need to earn 'much less.'
U.S. President Trump demands that the UK's National Health Service and other European countries pay a fair share of healthcare costs, threatening tariffs if they do not comply.
President Trump announced that Johnson & Johnson will visit next week.
The Trump Pharmacy website is set to launch in January, offering a range of medications directly to consumers at lower prices.
At least seven drug companies, including GlaxoSmithKline, Merck, and Sanofi, are set to announce price cuts with Trump at the White House on Friday.
Trump stated that all new jobs are from the private sector and suggested that by expanding federal hiring, unemployment could be reduced to 2% overnight.
