President Donald Trump delivers an address to the Nation from the Diplomatic Reception Room of the White House, Dec. 17, 2025.
(WASHINGTON) — President Donald Trump said during his presidential address on Wednesday night that his administration is “bringing our economy back from the brink of ruin,” claiming that he has brought prices down across the board.
“I am bringing those high prices down and bringing them down very fast,” Trump said from the White House’s Diplomatic Room, adding, “Let’s look at the facts.”
He made sweeping claims about prices — from gasoline and groceries to airfare and hotel flights — comparing the current price to that of former President Joe Biden’s administration.
But according to the most recent data from the Bureau of Labor Statistics, the president’s claims in some cases appeared to be exaggerated, false or unverifiable.
BLS is set to release updated numbers on Thursday providing an updated look at consumer prices — the first inflation report since the end of the government shutdown.
The president said that under Biden, gasoline prices rose 30 to 50%, hotel rates rose 37% and airfares rose 31%.
“Now, under our leadership, they are all coming down and coming down fast. Democrat politicians also sent the cost of groceries soaring, but we are solving that, too,” Trump claimed.
Trump claimed that egg prices are down 82% since March and that “everything else is falling rapidly.”
ABC News has compiled fact checks on some of Trump’s claims.
Gas prices
It’s true that gas prices hit an all-time high in June 2022 under Biden, with an average price of $5.016 per gallon, per AAA.
According to AAA, the new average is $2.998. That would be an almost 50% decrease from the highest point under the Biden administration.
But when you compare gas prices to where they were just a year ago, Sept. 2025 to Sept. 2024, the latest CPI report puts gas down just .5%.
Airfare
Airline fares were up 3.2% in September under the Trump administration compared to a year earlier, according to the Bureau of Labor Statistics.
Hotel rates
Hotel room rates are down .8% and car rental prices are down 5.0% over the past year, per BLS data.
Groceries
The average price of a dozen grade A eggs was $3.49 as of September, down from an all-time high of $6.23 in March — a 43% decrease, according to the Bureau of Labor Statistics.
It’s important to note, also, that egg prices were heavily affected by the avian flu.
Overall, meat prices have gone up 8.5% in the past year, according to the Bureau of Labor Statistics.
Beef prices are at a record high — up 14.7% in the past year.
Notably, Trump also doesn’t mention coffee. Coffee is up 18.9%, according to BLS data from September, the most recent available. The price of coffee has risen in part due to the president’s tariffs on places like Brazil — although last month the White House began exempting coffee from his tariffs.
U.S. President Donald Trump attends an event to announce a rollback of the 2009 Endangerment Finding in the Roosevelt Room at the White House on February 12, 2026 in Washington, DC. The Trump administration will repeal the 2009 central scientific finding that allows the EPA to regulate climate-warming emissions. (Photo by Anna Moneymaker/Getty Images)
(WASHINGTON) — As the U.S. considers waging a military offensive against Iran, President Donald Trump gathered with dozens of world leaders and heads of state for the inaugural meeting of his Board of Peace, a peacekeeping body focused on rebuilding efforts in Gaza that will oversee an international stabilization force.
But Iran was still top of mind for the president, as he gave a 10-day timeline on Thursday to decide whether to continue diplomatic talks with Iranian officials or to order a military strike.
“We may have to take it a step further, or we may not. Maybe we’re going to make a deal,” Trump told the Board of Peace members. “You’re going to be finding out over the next probably 10 days, but this meeting today is proof with determined leadership, nothing is impossible.”
Asked by ABC News’ Karen Travis what the goal of a military strike would be, Trump refused to answer, “but we’re either going to get a deal or it’s going to be unfortunate for them,” he said.
Asked whether he had a deadline for Iran, Trump repeated his earlier timeline of 10 days.
“I would think that will be enough time— 10, 15 days, pretty much, maximum,” Trump said.
The president has been weighing his options on launching an additional round of military action against Iran for weeks since the regime’s brutal crackdown on protesters in January in which thousands of Iranians were estimated to have been killed.
A second American aircraft carrier — the USS Gerald R. Ford — is heading toward the Middle East, accompanied by destroyers and aircraft being redeployed from missions in the Caribbean region, a U.S. official told ABC News. The Ford is expected to join the USS Abraham Lincoln in the region, the latter having arrived there late last month.
Key Iranian nuclear personnel and facilities were targeted by Israeli and American forces during an intense 12-day conflict in June. But the strikes failed to resolve long-standing U.S. and Israeli grievances related to Tehran’s nuclear program, its ballistic missile arsenal and its support for regional proxy groups.
Iran is expected to submit a written proposal aimed at resolving ongoing tensions with the U.S. following high-stakes indirect talks between Iranian and U.S. officials in Geneva on Tuesday, a senior U.S. official confirmed to ABC News on Wednesday.
It’s unclear when the written proposal will be submitted to the U.S.
Iran agreed to make a written proposal on how to address U.S. concerns during the Geneva talks, the senior U.S. official said. U.S. officials are currently waiting on that proposal from the Iranians, according to the official.
On Tuesday, a White House official said Iran would provide detailed proposals to address “some of the open gaps in our positions” in the next two weeks.
U.S. national security advisers met in the Situation Room on Wednesday to discuss Iran, the official confirmed.
Additionally, Secretary of State Marco Rubio is scheduled to meet with Israeli Prime Minister Benjamin Netanyahu on the weekend of Feb. 28 to discuss Iran, the U.S. official confirmed.
During his remarks Thursday, Trump said that “now is the time for Iran to join us on a path” to peace in the region. Trump later said explicitly that Iran “must make a deal” and said if it doesn’t, “bad things will happen.”
“And now is the time for Iran to join us on a path that will complete what we’re doing. And if they join us, that’ll be great. If they don’t join us, that’ll be great too. But it will be a very different path. They cannot continue to threaten the stability of the entire region, and they must make a deal. Or if that doesn’t happen, I maybe can understand. If it doesn’t happen, it doesn’t happen. But, bad things will happen if it doesn’t,” Trump said.
Trump hosted the meeting with world leaders who pledged upwards of $7 billion that would go towards the rebuilding and reconstruction in Gaza.
The countries pledging are Kazakhstan, Azerbaijan, UAE, Morocco, Bahrain, Qatar, Saudi Arabia, Uzbekistan and Kuwait, Trump said.
While that amount is significant, an operational damage and needs assessment conducted last year by the United Nations, the European Union and the World Bank, estimated rebuilding Gaza could cost upwards of $70 billion and take years.
Despite that current shortfall, the president was optimistic about the future that the Board of Peace can help build in Gaza.
“But we work together to ensure the brighter future for the people of Gaza, the Middle East and the entire world. I think that the Board of Peace, because it’s mostly leaders and unbelievably respected people, but mostly leaders of Middle Eastern countries, countries from all over the world, and they’ve been very generous with money also. And the United States, which I’ll say in a moment, is also very generous with money, because there’s nothing more important than peace, and there’s nothing less expensive than peace. You know, when you go to wars, it costs you 100 times what it costs to make peace,” Trump said.
Several European allies declined to join the board over concerns the peacekeeping body would rival the United Nations. The Vatican has also declined to join the board.
The United Nations Security Council gave the Board of Peace a mandate as part of its approval of the Trump administration’s 20-point plan for peace in Gaza.
Trump, who again criticized the U.N. during his remarks, said that the U.S. is going “to be working with the United Nations very close.”
“Someday I won’t be here. The United Nations will be, I think, is going to be much stronger,” he said. “The Board of Peace is going to almost be looking over the United Nations, and making sure it runs properly.”
Five countries have already committed troops to an international force that is supposed to deploy to Gaza, the commander of the force said Thursday.
Indonesia, Morocco, Kazakhstan, Kosovo and Albania pledged to send thousands of troops for a Gaza stabilization force, according to Maj. Gen. Jasper Jeffers, the commander of the international security force.
Egypt and Jordan have committed to train police.
“With these first steps, we help bring the security that Gaza needs for a future of prosperity and enduring peace,” Jeffers said.
Jeffers did not provide details on how many troops each country would commit or how soon the force would deploy into Gaza, but he said the ISF would ultimately total 20,000 troops working alongside 12,000 Palestinian police.
Trump also said the U.S. would contribute $10 billion to the Board of Peace, though he didn’t detail what the money would go towards.
“And I want to let you know that the United States is going to make a contribution of $10 billion to the Board of Peace. Thank you. And we’ve had great support for that number. And that number is a very small number. When you look at, that compared to the cost of war, that’s — that’s two weeks of fighting. It’s a very small number. It sounds like a lot, but it’s a very small number. So, we’re committed to $10 billion,” Trump said.
U.S. Sen. Markwayne Mullin (R-OK) arrives to testify during a confirmation hearing to be the next Secretary of the Department of Homeland Security in the Dirksen Senate Office Building on March 18, 2026 in Washington, DC.(Photo by Chip Somodevilla/Getty Images)
(WASHINGTON) — Sen. Markwayne Mullin’s nomination to be the secretary of Homeland Security narrowly cleared a committee vote Thursday morning with the help of Democratic Sen. John Fetterman, teeing the Oklahoma Republican’s nomination up for a final vote on the Senate floor as soon as next week.
Mullin’s nomination advanced out of committee by a vote of 8-7. He needed a simple majority of votes to clear the committee.
This is a developing story. Please check back for updates.
White House Border Czar Tom Homan speaks to reporters outside the West Wing of the White House on January 14, 2026 in Washington, DC. Alex Wong/Getty Images
(WASHINGTON) — President Donald Trump announced Monday that he is dispatching his border czar, Tom Homan, to Minnesota amid outrage over the fatal shooting of Alex Pretti by a federal agent.
“I am sending Tom Homan to Minnesota tonight. He has not been involved in that area, but knows and likes many of the people there. Tom is tough but fair, and will report directly to me,” Trump wrote in a social media post.
Trump, in another social media post, wrote Minnesota Gov. Tim Walz, a Democrat, called him to “request to work together with respect to Minnesota. It was a very good call, and we, actually, seemed to be on a similar wavelength.”
Trump said that he would have Homan call Walz and that Walz was “happy” that Homan was going to Minnesota.
White House press secretary Karoline Leavitt, who will hold a press briefing on Monday afternoon, said Homan “will be managing ICE Operations on the ground in Minnesota to continue arresting the worst of the worst criminal illegal aliens.”
The development comes after Trump, in an interview with the Wall Street Journal on Sunday, notably declined to say whether he thought the agent who killed Pretti acted appropriately.
“We’re looking, we’re reviewing everything and will come out with a determination,” Trump told the WSJ.
By putting Homan in charge of ICE operations in Minneapolis, Trump is bypassing the normal chain of command — where Homeland Security Secretary Kristi Noem and Border Patrol Commander Greg Bovino have been overseeing ICE operations. Trump said Homan would be reporting directly to him.
Trump’s less definitive comments on the shooting were in sharp contrast with those of Noem, Bovino and FBI Director Kash Patel, who have defended the agents’ actions.
Trump administration officials said Pretti “brandished” a gun and multiple magazines with the intent to inflict harm on officers — a “massacre” Bovino claimed. Noem and others have labeled Pretti a “domestic terrorist” without citing any evidence.
State and local officials said Pretti was lawfully carrying a gun, with a concealed carry permit, and video reviewed and verified by ABC News does not appear to show that Pretti drew his gun on the agents and was holding up a cell phone — not a gun — to record agents during the incident.
Trump, like Noem, Bovino and Patel, criticized Pretti for carrying a weapon at a protest.
“I don’t like any shooting. I don’t like it,” Trump told the WSJ. “But I don’t like it when somebody goes into a protest and he’s got a very powerful, fully loaded gun with two magazines loaded up with bullets also. That doesn’t play good either.”
The administration is facing criticism from both Democrats and some Republicans for blaming the victim of the shooting, with some Republican lawmakers calling for an independent investigation into what happened. Republican Sen. Bill Cassidy said the credibility of ICE and DHS was “at stake” and there “must be a full joint federal and state investigation.” Moderate Democratic Sen. Jackie Rosen has called for Noem’s impeachment. ABC News has reached out to DHS and the White House for comment on impeachment calls against Noem.
The National Rifle Association issued a rare statement saying “responsible public voices should be awaiting a full investigation, not making generalizations and demonizing law-abiding citizens.”
Noem, responding to Trump’s announcement that Homan will soon be in Minnesota, said it was “good news for peace, safety, and accountability in Minneapolis.”
“I have worked closely with Tom over the last year and he has been a major asset to our team — his experience and insight will help us in our wide-scale fraud investigations, which have robbed Americans, and will help us to remove even more public safety threats and violent criminal illegal aliens off the of streets of Minneapolis. We continue to call on the leadership in Minnesota to allow for state and local partnership in our public safety mission,” Noem posted on X.
Noem will “continue to lead the Department of Homeland Security with the full trust and confidence of the President,” according to a White House official.
“Tom Homan is uniquely positioned to drop everything and focus solely on Minnesota to solve the problems that have been created by a lack of cooperation from state and local officials,” the White House official added.
Trump, in his interview with the WSJ, also notably suggested the possibility of pulling federal agents out of Minnesota.
“At some point we will leave,” Trump said, though he didn’t provide a specific timeline. “We’ve done, they’ve done a phenomenal job.”
