U.S. President Donald Trump delivered a 19-minute televised address from the White House marking one year of his second term. The speech focused heavily on immigration, with Trump blaming undocumented migrants for housing shortages, job losses, and rising public costs. He also criticized former President Joe Biden for inflation and claimed credit for ending several global conflicts, including the Gaza war and Iran’s nuclear threat. Trump announced a special Christmas bonus for 1.45 million military personnel, calling it the 'Warrior Dividend.'

Fact-checkers and analysts noted that Trump’s economic claims lacked clear data sources, while independent studies show immigrants contribute significantly to the U.S. economy—paying over $650 billion in taxes in 2023. Recent polls by Reuters/Ipsos and NPR/PBS indicate declining public confidence in Trump’s economic management, with only about one-third of Americans approving his performance. Despite this, Trump projected optimism, promising major economic growth in 2026.

The speech underscores Trump’s continued reliance on nationalist rhetoric as he faces economic skepticism and seeks to consolidate support ahead of midterm political challenges.