White House Press Secretary Karoline Leavitt recently returned from maternity leave and held her first press briefing, focusing on the economy, Trump accounts, and border security. Leavitt noted the Consumer Price Index report showed a 0.4% drop in inflation in June, the largest monthly decline in over six years.
Economic Trends
Leavitt also highlighted an increase in real weekly earnings last month. According to Senior Director of Research at the American Institute for Economic Research Peter Earle, an uptick in real wages is “unquestionably positive,” but economists will be looking to see whether it is short-lived or will develop into an upward trend.
Leavitt promoted Trump accounts, encouraging American parents to open accounts for their children. She also underscored that relatives, friends, employers, and others can contribute to the accounts, not just parents.
Border Security
Leavitt concluded her opening remarks with statements on border security, noting that for the fourteenth straight month, the administration has released zero illegal immigrants into the United States.
Original reporting: KTBS 3 (Shreveport) — read the source article.
