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White House National Economic Council Director Hassett said Sunday he doesn't believe recent polls showing Americans have a negative view of the economy. "Before the election cycle, some polling organizations, which may be partisan, told us that people were very, very frustrated. That's typical Democratic rhetoric, and I simply don't believe it," Hassett said on CNN's "State of the Union." He added, "Because if that were true, if these polls had any value in judging consumer sentiment, then we should look at the consumer data and say, 'Oh my god, yes, that's right. People aren't spending much.' But in reality, retailers are doing very well." A recent Quinnipiac University poll showed that 62% of respondents disapproved of Trump's handling of the economy. Another survey conducted by the Associated Press/NORC Research Center found that 65% of respondents believed Trump's policies were the main cause of high prices. More than half of the respondents in that poll also said that the national economy and the overall state of the United States have worsened since Trump returned to the White House. Trump's overall approval rating is also quite low, at only 38.5% on Sunday morning, according to the Decision Desk HQ polling average.
According to Saudi media outlet Haddad, citing Israeli media reports, 3,000 US soldiers have been deployed in Israel in preparation for a new conflict. The US troops' missions in Israel include air defense systems, pilots, support teams, and logistical support.
U.S. Energy Secretary Wright: Diesel prices should soon fall below $6 per gallon.
The U.S. National Hurricane Center reports that Hurricane Rachel has intensified slightly.
U.S. Energy Secretary Wright: Energy supplies shipped from the Strait of Hormuz continue to increase.
White House National Economic Council Director Hassett: It's time for Powell to leave.
White House National Economic Council Director Hassett: We respect Warsh's decision to vote with the committee in favor of raising interest rates.
White House National Economic Council Director Hassett: Mortgage rates must come down.
According to Interfax news agency, Russian Deputy Prime Minister Novak stated that Russia and Saudi Arabia will discuss the oil market situation and forecasts for 2026-2027 in Riyadh on October 12.
According to Interfax news agency, Russian Deputy Prime Minister Novak stated that the OPEC+ Joint Ministerial Monitoring Committee (JMMC) pointed out that the global oil market is experiencing significant volatility and supply shortages.
US President Trump: I am pleased to announce that John Coale, an outstanding lawyer and my extremely successful Special Envoy for Belarus Affairs, will be my new Special Envoy for Hostage Affairs, with the rank of Ambassador.
German Chancellor Merz: Germany will provide Ukraine with a military aid package worth approximately 1 billion euros.
German Chancellor Merz: If the German government fails to meet the challenges it faces, it will have incalculable consequences for Europe. I will do everything in my power to ensure the stability of the German government.
German Chancellor Merz: If Germany stops its aid to Ukraine, Russia's attacks on Germany will not stop.
German Chancellor Merz: Russia aims to demoralize Ukrainians.
German Chancellor Merz: We will not be threatened by attacks during our visit.
German Chancellor Merz: Calls on Russia to participate in peace talks.
Ukrainian President Zelensky: I am surprised by Russia’s desire to escalate the situation every day.
Ukrainian President Zelensky: Ukraine and Germany are doing everything possible to ensure European participation in the diplomatic process to end the war.
German Chancellor Merz: A winter energy aid plan worth approximately €350 million is being prepared for Ukraine.