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    Home»Politics»GDP numbers buoy Trump
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    GDP numbers buoy Trump

    July 30, 20258 Mins Read
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    It’s Wednesday. Two meteor showers are peaking at the same time! 💫Here’s how you have the best chance to see them.

    In today’s issue:

    • U.S. growth rebounds
    • Powell’s 2:30 p.m. interest rate decision
    • Tsunami waves hit Hawaii, California
    • Inside Cory Booker’s Senate blowup
    • Katy Perry, Justin Trudeau spotted together
    Close

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    📊 NEWS THIS MORNING

    Let’s talk about the e-con-o-my. Let’s talk about you and me:

    The U.S. economy rebounded in the spring after contracting in the winter, according to data released Wednesday by the Bureau of Economic Analysis (BEA).

    How this is measured: The U.S. gross domestic product (GDP) — or the value of all goods and services across the economy — rose. This comes after the GDP fell by 0.5 percent in the first quarter while President Trump triggered a trade war.

    🚨 Another big metric to watch for today: Federal Reserve Chair Jerome Powell will announce at 2:30 p.m. EDT the Fed’s decision on interest rates. Experts aren’t expecting a rate change, despite pressure from the president, but there can be surprises. 💻 Watch it live

    On cue, Trump again this morning pushed Powell to cut rates, arguing there’s “no inflation” in a Truth Social post. “Let people buy, and refinance, their homes!” Trump said.

    🗨️ Follow today’s live blog

    Why the economic rebound is welcome news for the White House: The GDP figures arrive as another metric heads the opposite direction for the president: his approval rating. Trump’s net approval rating has reached its lowest point of his second term, according to a new Economist/YouGov poll. His net approval rating is 15 points underwater. 🔎 See the full poll

    📆 For your radar: Price data will be released on Thursday, which will give us a good measure of inflation. Plus, the July jobs report will come out on Friday. By the end of the week, we should have a clearer picture of where the U.S. economy stands.

    Trump unveils India tariffs:

    President Trump insists he is holding firm on his Aug. 1 start date for the global tariffs to kick in, calling it a “BIG DAY FOR AMERICA!!!”

    And he just announced a 25 percent tariff on products imported from India, beginning on Friday.

    Which of the U.S.’s top trading partners *don’t* have a trade deal with Trump yet?: China, Mexico, Canada, South Korea, Taiwan, India, Brazil, Switzerland and Thailand.

    U.S. and Chinese officials held another round of talks in Stockholm this week ahead of a separate Aug. 12 deadline for tariffs on China. 

    Where each country stands in negotiations, via The Hill’s Alex Gangitano

    🌏 EARTHQUAKE LATEST

    The Earth’s power is mind-blowing sometimes:

    Tsunami waves hit Hawaii, California, Washington state, Alaska, Japan and coastal areas of Russia’s islands this morning following one of the most powerful earthquakes ever recorded.

    What triggered this?: A powerful 8.8-magnitude earthquake rumbled off the coast of Russia, triggering tsunami warnings across the Pacific.

    Hawaii had an evacuation order in place but has since downgraded it.

    ➤ SIGHTS AND SOUNDS

    📹 Sirens blaring in Waikiki

    📹 Doctors in Russia secured a patient midsurgery

    📹 A tsunami hitting a Russian town

    📹 Waves hitting the coast of Japan

    This is wild: Here’s a graphic showing the earthquake’s effect on the waves. 📹Check out the map

    What are the strongest earthquakes ever recorded?: The records only go back to about 1900, but there have been multiple 9.0+ magnitude earthquakes. Here’s a list

    Some practical advice: The Washington Post explains what you should do if you’re in a tsunami warning. I must admit, I didn’t know all of this.

    ✅ ON CAPITOL HILL

    A Senate confirmation that turned some heads:

    The Senate approved Emil Bove to the 3rd Circuit Court of Appeals, giving the No. 3 DOJ official and former Trump lawyer a lifetime appointment, even amid a series of whistleblower complaints about his conduct.

    What I mean by ‘complaints about his conduct’: Bove is currently the subject of three different complaints in recent weeks. Two of those allege he violated court orders. The third alleges he misled Congress on the dropping of bribery charges against New York Mayor Eric Adams.

    The Senate vote: 50-49. Republican Sens. Lisa Murkowski (Alaska) and Susan Collins (Maine) joined Democrats in voting “no.”

    Rebecca Beitsch explains the controversies surrounding Bove. Read it in The Hill

    ➤ MORE COMINGS AND GOINGS:

    In: The Senate also confirmed Susan Monarez to lead the Centers for Disease Control and Prevention (CDC).

    The vote was 51-47. This was Trump’s second pick for the role — the CDC hasn’t had a permanent leader since March. She’s a longtime government scientist who will now be at the helm of an agency Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. has upended. Read more

    Out: “Vinay Prasad, the top vaccine regulator and chief scientific officer at the Food and Drug Administration (FDA) and a critic of the agency’s COVID-19 policies, has departed after being on the job for less than three months.”

    An HHS spokesperson wouldn’t give a reason for the sudden departure. Read more

    This was an intense blowup:

    Sen. Cory Booker (N.J.) unleashed on Democratic colleagues on the Senate floor Tuesday, accusing them of being “willing to be complicit” with Trump.

    What prompted the fireworks: Sen. Catherine Cortez Masto (D-Nev.) tried to move a package of bills that included grants for police departments around the country. But Booker objected, noting the grants wouldn’t go to New Jersey and some other Democratic-led states.

    Then things grew tense: Sen. Amy Klobuchar (D-Minn.) pointed out Booker previously objected — “long before” Trump was in office — to her own policing legislation, arguing his criticism was broader than he framed it.

    Klobuchar then jabbed him for missing the committee markup for the bills.

    “I don’t need lectures on the urgency of this,” Booker fumed.

    Tensions increased from there. Read more from The Hill’s Alexander Bolton.

    How we got here: Trump signed an order in January freezing federal funding related to diversity, equity and inclusion (DEI). Nearly a dozen states, led by New York Attorney General Letitia James (D), have opposed the funding freeze.

    What Booker wants: The senator wants Trump to release a hold on funding for Democratic states such as New Jersey, California and New York, arguing the party should use its “leverage” over funding proposals.

    ➤ OTHER CONGRESS TIDBITS:

    Feel better, congressman: Rep. Tim Burchett (R-Tenn.) was “accidentally kicked by a horse” and broke a rib.

    Baby Boomer vs. Gen Z: A Gen Z activist launched a primary challenge against longtime Rep. Jerry Nadler (D-N.Y.).

    New book in the works: Sen. John Fetterman (D-Pa.) is promising an “unapologetic account” of his “unconventional life” in a forthcoming memoir, dubbed “Unfettered.”

    Texas electoral maps: Texas Republicans unveiled new congressional maps today. Democrats have voiced alarm over the GOP redistricting plan. 

    MTG won’t run for governor: Rep. Marjorie Taylor Greene (R) is passing on a Georgia gubernatorial bid.

    📧 In today’s Evening Report: The redistricting wars are heating up ahead of the 2026 midterm elections, as Texas moves to redraw its maps to make several House races more favorable for Republicans. Click here to sign up & get it in your inbox.

    Coming Up

    The House is out. The Senate is in. President Trump is in Washington. (All times EDT)

    This afternoon: More Senate votes are expected. 📆 Today’s agenda

    1:30 p.m. Trump signs a bill into law.

    2:30 p.m. Federal Reserve Chair Jerome Powell holds a news conference. 💻 Livestream

    4 p.m. Trump delivers remarks on “Making Health Technology Great Again.” 💻 Livestream

    🐝 INTERNET BUZZ

    🍰 Celebrate: Today is National Cheesecake Day.

    Sooo, Trump wants to prosecute Beyoncé: Last weekend, Trump called for the prosecution of singer Beyoncé. He claimed she was paid $11 million for endorsing Democratic presidential candidate Kamala Harris in 2024. Well, CNN fact-checked that claim and it is nonexistent. Read the factcheck and explainer

    ^ Good luck dealing with the Beyhive’s wrath. 😅

    🚀 How much do you want to bet they discussed her space trip?: Pop star Katy Perry was spotted dining in Montreal with former Canadian Prime Minister Justin Trudeau this week. A consultant for the restaurant said there were “no visual signs of PDA or anything.” 📸 Photos from TMZ

    👋 AND FINALLY…

    And to leave you with something useful, open this video any time you’re having a bad day.

    I love hearing from you — send your feedback, tips and favorite cookie recipes 🍪 to cmartel@thehill.com. Check out more newsletters here. See you next time!



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