NewsNation

Trump says US poised for ‘economic boom’ in fast-paced Oval address

(NewsNation) — President Donald Trump delivered a primetime address to the nation Wednesday, touting his administration’s accomplishments and announcing new initiatives, including extra payments to military members.

Trump opened by declaring he “inherited a mess” and was elected to challenge what he called “a sick and corrupt system.” The president asserted his administration had “achieved more than anyone could have imagined” in its first year.


The 19-minute speech touched on border security, initiatives to cut drug costs and the economy. Trump credited his policies for improvements, rather than new legislation.

“We didn’t need new legislation, we just needed a new president,” he said.

Watch the full address:

Trump talks economy, affordability

On the economy, Trump said he was addressing high consumer prices “very fast” and touted rising wages he said were outpacing inflation.

He pointed to what he described as record employment levels and praised tariffs as instrumental to his economic strategy, calling tariffs his “favorite word.”

“We are poised for an economic boom the likes of which the world has never seen,” he said, stating that the “border is secure, inflation is stopped, wages are up, prices are down, our nation is strong … America is respected, and our country is back.”

The president said he would unveil “aggressive” housing reform plans in the new year and blamed the Biden administration’s border policies for increased housing costs.

“The last administration and their allies in Congress brought in millions of migrants, and gave them taxpayer-funded housing, while your rent and housing costs skyrocketed … For the first time in 50 years, we are now seeing reverse migration … leaving more housing and more jobs for Americans,” he said.

Trump says checks coming to every US military member

Trump announced a “warrior dividend” of $1,776 for every U.S. service member and said military enlistment had reached record levels.

“Nobody deserves it more than our military, and I say congratulations to everybody,” Trump said during his speech.

The White House’s Rapid Response account on X said, “Active duty service members in grades O-6 and below, and reserve component service members in grades O-6 and below and on active duty orders of 31 days or more as of November 30, 2025, are eligible.”

Trump also teased an upcoming announcement of his choice for the next Federal Reserve chair.

No mention of Venezuela in Trump address

The address came on the heels of escalating tensions between the United States and Venezuela, which Trump did not mention during his address.

On Tuesday, Trump said Venezuela was “completely surrounded by the largest armada” in South American history. He announced a blockade of tankers carrying “sanctioned” oil and designated the Nicolás Maduro-led Venezuelan regime as a foreign terrorist organization.

A White House official told NewsNation the president deliberately focused his speech on domestic issues rather than foreign policy, citing two reasons for the omission of Venezuela: the situation remains fluid with ongoing military operations, and the administration wanted to emphasize “bread-and-butter issues” affecting American households.

Drug prices to be slashed, president says

Trump suggested he would be “doing what no politician of either party has ever done — standing up to the special interests to dramatically reduce the price of prescription drugs.”

He said he negotiated directly with drug companies and “foreign nations,” which would lead to slashes in drug and pharmaceutical prices of as much as 600%.

He said price reductions would be available starting January at TrumpRX.gov and referred to the legislation passed under former President Barack Obama as “the Unaffordable Care Act.”

Trump blamed Democrats for increasing premiums and alleged the opposition party was “controlled” by health insurance companies.

Trump approval rating slips: Survey

A Reuters/Ipsos poll released Tuesday found that Trump’s approval rating slipped to nearly its lowest point in his second term.

The poll found that 39% of American respondents said they approve of Trump’s handling of the presidency, while 59% said they disapprove of Trump’s job performance.

Pollsters found that Trump’s approval among Republicans remains high at 85%, though down from the 91% at the start of his second term in January. Trump’s approval among Democrats dipped to 4% in December, down from 9% at the start of the new term.

Trump’s approval among independents also declined since January: 26% of respondents in December approved of the president’s grasp on the economy, down from 44% in January.

Americans were also mostly unhappy with Trump’s handling of the economy — 33% said they approve. The poll also found that 22% of Americans said they feel that the “economy, unemployment and jobs,” classified by Reuters/Ipsos as one category, is the most important problem facing the country.

Behind that, Americans saw “political extremism or threats to democracy” as the second-most important problem facing the U.S., at 16%.

Reuters/Ipsos’s lowest approval rating for Trump was at 38% in mid-November. Earlier in December, it was at 41% — six percentage points down from his approval rating when he returned to the White House.

Trump’s approval saw a rebound in the latest Decision Desk HQ poll, which found that 44.8% approved of his job performance. That’s up from 41.3% last month from the same poll.

NewsNation partner The Hill contributed to this report.

4 weeks ago

‘Warrior Dividends’

Patrick Djordjevic

@POTUS announces “WARRIOR DIVIDENDS.”

Active duty service members in grades O-6 and below, and reserve component service members in grades O-6 and below and on active duty orders of 31 days or more as of November 30, 2025, are eligible. pic.twitter.com/e8McJo0NH2
— Rapid Response 47 (@RapidResponse47) December 18, 2025

More details from the Trump administration on the recently announced “Warrior Dividend.”

4 weeks ago

Trump has decreased inflation: Anna Kelly

Patrick Djordjevic

“We think the speech was a success because @POTUS‘ agenda, as he very articulately laid out tonight, has been a success… inflation under Biden hit 9%, now we are at a 2.5% annualized rate,” the White House Deputy Press Secretary spoke to NewsNation following the president’s address to Americans.

4 weeks ago

Trump not mentioning Venezuela is ‘good news’: Admiral

Patrick Djordjevic

Retired Vice Admiral John W. “Fozzie” Miller, U.S. Navy, believes the president must be “satisfied” with the state of the situation with Venezuela and operations in the Caribbean.

4 weeks ago

Trump back working

Patrick Djordjevic

“After giving an epic address to the nation, President Trump is back in the Oval Office at 10:00PM to continue working on behalf of the American people,” Steven Cheung, assistant to the president and White House director of communications, wrote on X.

4 weeks ago

Trump omits Venezuela from national address amid ongoing crisis

Kellie Meyer

President Donald Trump made no mention of Venezuela during his Wednesday night address to the nation, a notable omission given the escalating tensions between Washington and Caracas.

4 weeks ago

Trump’s speech one of ‘his greatest’: White House official

Kellie Meyer

A senior White House official tells NewsNation that President Trump “gave one of his greatest speeches. Perfect time and made the case of why this is the greatest presidency in history. “

4 weeks ago

Trump ‘was yelling at us’: Erickson

Patrick Djordjevic

Erick Erickson believes the president seemed to be yelling at the American people, suggesting it may have fired up his base, but it may not have swayed independents.

4 weeks ago

White House ‘quite happy’ with address

Leland Vittert

According to NewsNation sources, members within the Trump administration are “quite happy” with the messaging from the president Wednesday night.

4 weeks ago

Trump has put America last: Egbewole

Patrick Djordjevic

Egbewole says the president has focused on “everything outside of these borders,” and must do more than hand out checks to military members and focus on foreign policy.

4 weeks ago

Trump broke little news: Wegman

Patrick Djordjevic

Wegman told NewsNation that Trump’s $1,776 check to all military service members was the only news he broke in his speech, referring to it as an end-of-year report.

4 weeks ago

Media ‘lie’ about Trump: Boebert

Patrick Djordjevic

Rep. Boebert blamed the mainstream media and its “lies” when covering President Trump, suggesting he indeed inherited a mess and that Trump is the “greatest president.”

4 weeks ago

Trump ‘right’ on need to purchase own health care: Rep. Boebert

Patrick Djordjevic

Rep. Lauren Boebert tells NewsNation the president is correct in stating Americans need more suitable health care options.

The Colorado Republican also criticized Obamacare, suggesting “Democrats ruined the health care system” by implementing it.

4 weeks ago

US, Russian officials to meet this weekend

Kellie Meyer

U.S. and Russian officials are expected to meet in Miami this weekend as part of the Trump administration’s push to bring the war in Ukraine to an end, a White House official confirms to NewsNation.

4 weeks ago

Trump’s speech a ‘success’: White House deputy press secretary

Patrick Djordjevic

Anna Kelly, White House deputy press secretary, tells NewsNation that President Trump’s speech was “a success.”

“The best is yet to come,” she added.

4 weeks ago

Dems can come back on economy: Egbewole

Patrick Djordjevic

Yemisi Egbewole, former Biden White House press office chief of staff, tells NewsNation that Democrats can surge ahead of the Trump administration regarding the economy narrative.

“He can promote 1776 costs all he likes … that’s less than a rent check in D.C.,” she added.

4 weeks ago

Trump needs to quit focusing on Biden and the past

Patrick Djordjevic

GOP strategist Annalyse Keller tells NewsNation that the president must focus on the future and how he will fix America’s problems rather than focusing on what he was left with.

4 weeks ago

Has Trump done enough?

Patrick Djordjevic

Wegmann believes Trump is already underwater and wonders if it is enough to reset the narrative surrounding affordability.

4 weeks ago

Trump ‘stayed on message’

Patrick Djordjevic

Philip Wegmann, RealClearPolitics White House correspondent, tells Leland Vittert in NewsNation’s special coverage following the speech that Trump avoided the wave and “stayed on message.”

4 weeks ago

Trump ends speech

Patrick Djordjevic

The president ended his speech, speaking for more than 18 minutes, wishing Americans a “merry Christmas.”

4 weeks ago

‘We’re poised for an economic boom’

Patrick Djordjevic

The president says economic success is imminent.

4 weeks ago

Trump aims to change health care

Patrick Djordjevic

President Trump says the price of drugs will decrease “by numbers never conceived possible.”

He says it will be called “Most Favored Nation,” and the price reductions will be available in January at Trumprx.gov, “greatly reducing the cost of health care,” he says.

He says far better benefits will be on offer for Americans, and they will be able to purchase their own health care that will be far more effective than the Affordable Care Act.

4 weeks ago

Trump announces ‘Warrior Dividend’ for service members

Patrick Djordjevic

Trump says every military service member will receive a “warrior dividend” in honor of the United States’ founding in 1776.

He says the checks for $1,776 are “already on the way” and are partially a result of the success of tariffs.

More: https://digital-release.newsnationnow.com/politics/trump-checks-military-members/

4 weeks ago

Tariffs behind investment into US: Trump

Patrick Djordjevic

“Wages are going up much faster than inflation,” the president said. He added that $18 trillion of investment has been secured during his second term, much of which he attributes to the success of tariffs.

“Our country was ready to fail,” Trump said, now suggesting the U.S. is the hottest country in the world.

Trump also said more people are working in the United States today than at any time in history.

4 weeks ago

Trump bringing down prices ‘very fast’

Patrick Djordjevic

The president says he is bringing prices down “very fast,” suggesting Democrats were at fault for increased grocery prices.

4 weeks ago

Trump talks up his first year of second term

Patrick Djordjevic

“After just one year, we achieved more than anyone could imagine,” the president said, highlighting the administration’s border security policies.

“We inherited the worst border anywhere in the world,” he said. Trump added they went from “worst to best.”

4 weeks ago

Trump says he ‘inherited a mess’ caused by Biden

Patrick Djordjevic

The president opens his speech by claiming that he inherited a mess of a country, criticizing the Biden administration’s effectiveness at the border, its policies on crime and transgender athletes in sports.

4 weeks ago

O’Reilly: Trump’s speech is going to be a campaign speech

Bill O’Reilly says President Trump is giving a speech to the nation to talk about the state of the country. “There is no bold, innovative policy stuff being put forth,” O’Reilly told NewsNation. “It is meant to reinforce his base cause they are antsy.”

4 weeks ago

What is President Trump going to discuss?

Patrick Djordjevic

A source tells NewsNation the address is going to be something like a “State of the Union hype speech.”