
By Christian Datoc | Washington Examiner
President Donald Trump delivered an end-of-year address to the nation on Wednesday night, the vast majority of which consisted of him repeating attacks on his predecessor, former President Joe Biden, as he sought to once again tie him to affordability concerns among voters.
Eleven months after re-entering office with virtually the highest approval rating of his political career, the president finds himself having lost significant support from voters, specifically regarding his stewardship of financial matters, as the president’s tariffs maintain inflationary pressure on consumer markets. A poll published Tuesday by Reuters found that just 33% of respondents gave Trump’s economic policies a passing grade, down 10 points since January.
Republicans have privately pressured the president to do more to sell his agenda, especially in the wake of Democrats winning a slew of elections in November. But while the White House has rolled out a handful of new economic initiatives in recent weeks, Trump has largely stuck to the message that elected him a year ago, blaming Biden and claiming affordability is simply a “hoax” orchestrated by Democrats.
The president maintained those lines of attack Wednesday night, but he also announced one new initiative that seemed more than a tacit acknowledgement of souring consumer sentiment.
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