Donald Trump returned to the White House promising to "end inflation" on Day 1 of his second presidency, casting himself as the candidate who would make groceries, gas and rent feel affordable again.

Explore "Trumpflation," a term describing inflation concerns during President Trump's first administration; learn about related policies, debt, and effects on markets.

Daniel Dale called out Tony Llamas for "ignoring" Donald Trump's "long-debunked lies" in his extensive interview on Wednesday evening. The post CNN’s Daniel Dale Calls Out NBC’s Tom Llamas Over Presidential Interview: ‘Kept Ignoring’ Trump’s ‘Long-Debunked’ Lies first appeared on Mediaite.

Alberto Cavallo, an economist at Harvard and the author of a study on the impact of tariffs cited by Trump in his op-ed, has found that Trump’s tariffs have boosted overall inflation by roughly three-quarters of a percentage point.

Starting July 4, parents will be able to open a Trump account for any child under 18 who has a Social Security number. Parents can deposit up to $5,000 a year into a fund that tracks the growth of the overall stock market. The $5,000 annual cap will eventually be indexed for inflation.

Fed Chair Jerome Powell speaking with President Donald Trump. Image source: Official White House Photo by Daniel Torok. Fed Chair Jerome Powell points the finger at President Trump's tariffs Although the Federal Open Market Committee (FOMC)-- the 12-person body,