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America First Audit

He said it in public. These are the documents on what happened next. Browse all records.

Why these cases

Trump sold “America First.” This record traces how public money, power, and risk moved toward family businesses, donors, favored firms, and foreign governments: and what workers, ranchers, retirees, patients, veterans, and small investors were left to absorb.

Said vs. done

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Case 191 of 254

The Interest-Rate Blame Game

Actions
documentedTrump said he would demand that interest rates drop immediately.Roll Call FactbaseRead record · 1 source
Outcomes
documentedThe FOMC lowered its target range by one-quarter point to 3.50-3.75 percent after three reductions in 2025.Federal Reserve BoardRead record · 1 source
People and impacts
Who paid or was affected
  • U.S. household and business borrowers
  • U.S. savers
Promise and assessment
The promise
documentedTrump told a campaign rally that his policies would bring interest rates down.Roll Call FactbaseRead record · 1 source

Promise partly kept

The promised direction arrived by year-end rather than immediately, and it was not Trump's to deliver: the independent Federal Reserve made the decisions under its statutory mandate.

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