President Trump struck a more positive tone in his first ever State of the Union address to Congress Tuesday night, but did he succeed in uniting a divided Washington? Cheddar's J.D. Durkin and Baker Machado break down all the biggest moments from the president's speech.
The economy took center stage in President Trumps's speech Tuesday night. He took the opportunity to highlight newly-enacted tax reform, one of his most visible accomplishments since taking office. Trump pointed to Apple's recent decision to invest in the U.S. as an example of tax reform's success.
President Trump also laid out his immigration plan and called on Congress to pass legislation. His plan includes protection for Dreamers as well as funding to build a wall on the U.S.-Mexico border. This elicited boos from Democratic lawmakers who have been vocal critics of the border wall.
Erin Delmore, senior political correspondent at Bustle, also joined us to give her take on the president's speech. Even though Trump's last year in office has been divisive, his State of the Union address struck a unifying tone. But Delmore says it remains to be seen whether Trump's message won over skeptical voters.
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The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Fed officials, led by Chair Jerome Powell, had kept their rate unchanged this year as they evaluated the impact of tariffs, tighter immigration enforcement, and other Trump administration policies on inflation and the economy. The only dissenter was Stephen Miran, the recent Trump-appointee.
After a late-night vote and last-minute ruling, the Federal Reserve began a key meeting on interest rate policy Tuesday with both a new Trump administration appointee and an official the White House has targeted for removal.
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Albania's Prime Minister Edi Rama says his new Cabinet will include an artificial intelligence “minister” in charge of fighting corruption. The AI, named Diella, will oversee public funding projects and combat corruption in public tenders. Diella was launched earlier this year as a virtual assistant on the government's public service platform. Corruption has been a persistent issue in Albania since 1990. Rama's Socialist Party won a fourth consecutive term in May. It aims to deliver EU membership for Albania in five years, but the opposition Democratic Party remains skeptical.
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