From CNBC.

President Trump’s focus on the economy and affordability in his State of the Union address sets up a race to bring down prices and change American’s attitudes about the economy ahead of the 2026 midterm elections. Those elections threaten to shift control of Congress from Republicans and Trump’s control of Washington along with it. CNBC’s Steve Liesman highlights Trump’s signature policies and describes the inflation risks and lags inherent within economic policymaking.

Reporting by: Steve Liesman
Produced and Edited by: Carlos Waters
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images
Additional Sources: Federal Reserve

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Can Trump And His Policies Turn The Economy Around Before The 2026 Midterm Elections