April 29, 2025 – Donald Trump marks 100 days in office

Our live coverage of Donald Trump’s presidency has ended for the day. Follow the latest updates or read through the posts below.

Traders work on the floor of the New York Stock Exchange on Tuesday.

In addition to sparking a global trade war, President Donald Trump’s sweeping tariffs have prompted worries about inflation, slower economic growth and layoffs. As investors panic, here are some tips to keep your money safe and positioned for growth.

Don’t panic — plan

When markets get choppy, it’s tempting to hit the panic button. But financial expert Douglas Boneparth, a certified financial planner and founder of wealth management firm Bone Fide Wealth, says that selling at the bottom is “the worst thing you can do.” Simply put, pulling your money out during a downturn can lock in losses, and you may miss the market’s biggest recovery days, which often drive long-term gains.

Stay consistent and disciplined

In rocky markets, a calm and measured approach might be your greatest asset. “Investing isn’t about picking the perfect stock,” Boneparth said. “It’s about doing the boring stuff consistently over a long period of time. That’s what makes it hard.”

Catherine Valega, a certified financial planner with Green Bee Advisory in Boston, recommends continuing to invest, especially for people who work and have 401(k)s. For those without a 401(k), you can set up automated investments, Valega said.

Build a cash reserve (some call it an emergency fund)

Start by building a solid cash reserve, ideally at least three to six months of living expenses. “That gives you the cushion to handle emergencies or opportunities without touching your investments,” Boneparth said.

Diversify your portfolio: Once investors have built up a large enough cash reserve, it’s smart to diversify, Valega said. Adjust your portfolio to reflect a mix of stocks, bonds and cash to help spread out risk. One common suggestion is to take the 60/40 portfolio approach – with 60% in stocks and 40% in fixed-income assets like government and corporate bonds. Typically, when stocks do poorly, bonds do better.

A group of Democratic governors excoriated the Trump administration and offered guidance on their party’s efforts to return to power in a digital forum tonight, with Illinois Gov. JB Pritzker declaring: “It’s time to fight.”

The forum, hosted by the MeidasTouch network, a progressive media organization, also featured New York Gov. Kathy Hochul; Massachusetts Gov. Maura Healey; and Minnesota Gov. Tim Walz, the party’s unsuccessful 2024 Vice Presidential nominee. Each took turns slamming President Donald Trump and his policies.

Here are some highlights from the forum:

Senate Minority Leader Chuck Schumer speaks with CNN on Tuesday.

Senate Minority Leader Chuck Schumer defended the Democratic Party amid bleak poll numbers, telling CNN today that unlike Republicans, his caucus is “united.”

Schumer’s comments come as President Donald Trump marked the 100th day of his second term, and the minority leader maintained that the Democrats’ strongest message is contrasting their work with Trump’s actions.

A new CNN poll showed those who belong to or lean toward the Democratic Party are deeply negative toward the party’s congressional leadership — 61% disapprove and just 38% approve — with souring views of Schumer and House Democratic Leader Hakeem Jeffries, specifically.

Responding specifically to his favorability, Schumer said, “The polls come and go.”

“I’ve been through all the years and I’ve seen them. I pay attention to doing the right thing. And when you do the right thing, things work out all right,” Schumer told Collins. “We are doing the right thing. We are focusing on how bad Trump is.”

President Donald Trump takes part in an interview with ABC News' Terry Moran in an excerpt that was released on Tuesday.

President Donald Trump cast doubt on due process protections in the US immigration system and challenged the role of the courts during a tense exchange with ABC’s Terry Moran in an interview that aired on his 100th day in office.

“These people came in. They’re not citizens. They came in illegally,” Trump said, claiming that murderers have come into the country and that having hearings for each one would take too long. “We have to get them out.”

Moran pushed back, asking, “But in our country, even bad guys get due process, right?”

Trump replied: “If people come into our country illegally, there’s a different standard. … They get a process where we have to get them out,” he continued. “They get whatever my lawyers say.”

The president then defended the deportation of Kilmar Abrego Garcia, a Maryland father whom the administration acknowledged in court documents was mistakenly deported to El Salvador.

“The lawyer that said it was a mistake … should not have said that,” Trump said.

Asked why he hasn’t called El Salvador’s President Nayib Bukele and asked for Abrego Garcia to be returned, Trump said, “If he were the gentleman that you say he is, I would do that, but he’s not.”

But when pressed on the Supreme Court ordering the administration to facilitate his return, Trump distanced himself from the administration’s stance.

“I’m not the one making this decision. We have lawyers,” he said, adding, “I follow the law.”

President Donald Trump said he believes Vladimir Putin wants an end to the war with Ukraine in an ABC interview while acknowledging it’s “possible,” the Russian president “could be tapping me along” in ongoing peace negotiations.

Trump said he believes Putin “would like to stop the war,” adding, “Yes, I think he does … His dream was to take over the whole country. I think because of me, he’s not going to do that.”

Pressed by ABC’s Terry Moran, however, if he trusts the Russian president, Trump demurred.

On Saturday, after meeting with Ukrainian President Volodymyr Zelensky before the start of Pope Francis’ funeral, Trump questioned whether Putin wants a peace deal.

In a Truth Social post sent as he returned from Rome after the meeting, Trump raised the prospect of applying new sanctions on Russia after its assault on Kyiv last week, writing Putin’s aerial bombardment of Kyiv “makes me think that maybe he doesn’t want to stop the war, he’s just tapping me along, and has to be dealt with differently, through ‘Banking’ or ‘Secondary Sanctions?’ Too many people are dying!!!”

In Tuesday’s interview with ABC News, Trump elaborated on the Saturday meeting with Zelensky, telling Moran, “The moment was a moment of solace, in a sense, because tremendous numbers of people are dying, a lot of his people are dying, they’re being killed, and I feel very badly about it.”

President Donald Trump said he is considering reinstating certain cuts implemented by the Department of Government Efficiency.

The president went on to defend the department’s work, saying DOGE has saved “hundreds of billions of dollars.”

President Donald Trump told ABC News in a pre-taped interview that aired tonight that there was a lot of waste, fraud and abuse in federal agencies that were impacted by DOGE cuts.

When asked by ABC News’ Terry Moran if there have been any referrals for fraud to the Justice Department, he said there have been referrals. But he provided no evidence.

“Of course there have been. Take a look at some of these things that took place. Billions of dollars were given to people for no reason whatsoever,” Trump said.

President Donald Trump said he had “a good talk” with Secretary of Defense Pete Hegseth after reports emerged of him discussing sensitive information on Signal at least two times.

In a pre-taped interview with ABC News that aired Tuesday night, Trump declined to provide details of the conversation but went on to praise Hegseth.

The president did not directly answer a question about whether he has “100% confidence” in Hegseth, saying, “I don’t have 100% confidence in anything.”

Republicans in Congress have also defended Hegseth amid reports over turmoil inside the Pentagon. On Tuesday, House Republicans blocked a vote to probe Hegseth’s use of Signal.

President Donald Trump has signed many executive orders, but presidential legacies are built on legislation.

Watch as CNN’s Jeff Zeleny explains.

President Donald Trump defended his administration’s tariff policy in an interview broadcast on ABC Tuesday night, saying that it has already helped bring down the US trade deficit.

On Tuesday, the US Census Bureau released advance data showing the US trade deficit in goods jumped 9.6% to $162 billion in March, up from $147.8 billion in February. While the March deficit isn’t yet finalized, it would be a record high at those levels and suggests that US businesses may have stockpiled goods ahead of Trump’s April tariff announcement.

Trump first announced “reciprocal” tariffs (which aren’t technically reciprocal) on all goods imported to the US on April 2, but he later paused those tariffs for 90 days. For now, all imports to the US are subject to a universal 10% tariff, while imports from China are tariffed at a rate of 145%. Certain goods, such as steel, face higher tariff levels as well.

“Almost every country in the world was ripping us off. They’re not doing that anymore,” Trump said, in what has become a common refrain from the president.

President Donald Trump delivers a speech marking his 100th day in office at Macomb County Community College Sports Expo Center in Warren, Michigan, on Tuesday.

President Donald Trump touted steps his administration has taken in his first 100 days in office tonight in Michigan, highlighting a string of actions aimed at retribution against his political enemies and targeting so-called “woke” policies championed by the political left.

Trump’s remarks from Macomb county were billed as a “100th Day in Office Achievement Speech” on the White House daily guidance, but Trump also took the opportunity to celebrate steps he’s taken to settle personal scores and fight culture wars.

Among the actions the president noted was an executive action signed just hours into his second term to grant clemency to the nearly 1,600 people charged in the January 6, 2021, attack on the US Capitol, whom he called “political prisoners who had been grossly mistreated.”

He also took aim at former President Joe Biden, mocking his predecessor’s physical appearance and trumpeting a move to strip security clearances for Biden and members of his family while boasting he’d stripped security clearances for former intelligence agents — many who are retired and no longer held security clearances — for their role in undercutting the Trump campaign’s claims about a laptop belonging to Hunter Biden in 2020.

For Trump’s first rally since taking office, he also hewed closely to familiar campaign refrains, lambasting what he called “lawless, so-called diversity, equity and inclusion bullsh*t,” across the private sector and federal government.

In addition, he said, he’s “directed the reinstatement of patriots expelled from our military by the Biden vaccine mandate with full backpay.”

Trump’s reversal on vaccines is a change from his first term in office, where his administration fast-tracked development of a Covid vaccine under “Operation Warp Speed,” in an effort to curtail the Covid-19 pandemic.

Rep. Chip Roy speaks to members of the media on Tuesday.

GOP Rep. Chip Roy expressed frustration as House Republicans work to assemble a bill that cuts more than a trillion dollars in spending while also including President Donald Trump’s lofty tax cut promises.

Republicans on the Energy and Commerce Committee, which has jurisdiction over Medicaid, have been tasked under the budget blueprint with finding at least $880 billion in spending cuts, significantly more than any other committee.

Roy told CNN “that’s insane” if Republicans refuse to weigh altering how federal funding goes to states to cover Medicaid recipients.

“Then people should say that extending the tax cuts is off the table, if that’s what they’re saying. Like, do math. I just want people to do math,” he said.

The Texas Republican said he and other hardliners got “comfortable, reluctantly” earlier this month with the Senate’s budget blueprint due to a “promise-slash-guarantee of putting these things on the table” from the White House and GOP leadership on how they would get to $1.5 trillion in total spending cuts.

“We’re having very serious conversations that we should be having, but I think the rushed timeline is creating a bit of chaos that was unnecessary,” he said.

Roy said he understands why Johnson is being “ambitious” with his timeline for passing a reconciliation bill, but he predicted that “pushing this through rapid fire is going to cause, I think, some issues.”

“It’s not even a deadline,” he said of Treasury Secretary Scott Bessent’s goal of passing Trump’s agenda by July 4, noting how many timelines laid out by leadership have aligned with holidays.

“Does it have anything to do with policy? Hell no. It has to do with, what, jet fumes, people leaving town,” he said.

In Detroit on Tuesday, Trump cherry-picked wins in lowering prices, a major promise in his 2024 presidential campaign. Among the lower prices he touts are cheaper eggs and lower gas prices, as well as lower prices overall. However, his claims are not entirely accurate.

Here’s a quick fact check.

Inflation

Trump said that “inflation is basically down,” later adding that “last month we had the largest drop in consumer prices since the pandemic

Inflation did sharply cool to an annual rate of 2.4% in March from 2.8% in February, according to the latest reading of the Consumer Price Index.

But that just means price increases have slowed, which is disinflation. A lower but still positive CPI reading doesn’t mean that consumer prices are broadly dropping (which would be deflation).

Gas prices

Trump falsely claimed that gas prices “hit $1.98 in a lot of states.” According to AAA data, Tuesday’s national average was $3.16, and there is not one state that is close to $1.98 for gas. The state with the cheapest gas is Mississippi, at $2.67 for a gallon of gas.

Eggs

Trump also claimed that since he took office, the cost of eggs is down 87%. “You had so many eggs for Easter,” he said.

In April, the price of wholesale eggs fell to $3 a dozen, a welcome decline from the $5.90 cost in February, after Trump took office. That price drop is due to a sharp decrease in cases of avian influenza in March.

However, that doesn’t mean consumer prices have fallen as much. “Unlike past years, major retail grocers opted out of running their usual annual holiday shell egg promotions this year as supplies have only recently recovered sufficiently to maintain a consistent offering; a situation few were willing to jeopardize by incentivizing purchasing. As a result, consumers not only did not see traditional price deals for shell eggs but experienced the highest Easter prices on record despite the sharp price declines experienced in the wholesale market in recent weeks,” according a report on Friday from the US Department of Agriculture.

President Donald Trump speaks during a rally in Warren, Michigan, on Tuesday.

President Donald Trump claimed today that his recent announcement to ease auto tariffs will “create more jobs” in the country.

Ahead of his rally in Warren, Michigan, today, the president signed an executive order and a proclamation that allows reimbursements for domestic car producers importing car parts, which will be subject to 25% tariffs starting on Saturday. The 25% tariff on imported cars will continue, and a new 25% tariff on auto parts will go into effect this weekend, as previously announced.

“It’s not so bad,” Trump said of his order at the Michigan rally.

He went on to claim that he’s “giving them a little bit of a break” in regard to automaker companies.

“They’re going to make so much money. They’re going to have so many jobs,” Trump said.

CNN’s Elisabeth Buchwald and Chris Isidore contributed reporting.

President Donald Trump turned his ire to an old foe in remarks marking 100 days in office, blasting and, at times, mocking former President Joe Biden for his handling of the economy, the high price of eggs, and even his physical appearance.

Trump’s focus on his predecessor has been a hallmark of his first 100 days of his second term, with Biden serving as a recurring punchline – and punching bag – in nearly every appearance Trump has made since returning to power. With Republicans in full control of Washington, Trump is forever in search of a foil and Biden tops the list.

CNN reported in February that Biden has occupied a singular place in Trump’s mind for years, aides said, a forever rival whom he never defeated at the ballot box. Trump revels in using Biden as a metaphor for a stark contrast in style and substance.

But Trump struck an even more personal tone Tuesday night, mocking Biden for vacationing on the beach in Rehoboth Beach, Delaware, during his presidency.

“Somebody convinced him that he looks great in a bathing suit,” the president mused. “He’s 82 years old. Cary Grant didn’t look great in a bathing suit when he was 82, you don’t look great. You know, at some point you have other assets, okay? But that’s that.”

CNN reported that the Trump has spent the vast majority of the 14 weekends during his first 100 days of his second term away from the White House, including nine weekends at his Palm Beach Mar-a-Lago club and 12 of those 14 weekends at a Trump property.

President Donald Trump hailed his hardline immigration policies as a signature accomplishment and one of the biggest “promises kept” of his campaign during a speech tonight in Macomb County, Michigan, to mark his 100th day in office.

To mark the milestone, the administration began the week spotlighting its aggressive enforcement efforts, particularly targeting immigrants the administration says have been convicted of violent crimes.

On Monday, the White House lawn was lined with dozens of large signs displaying photos of individuals the administration claims are in the country illegally. In a calculated move aimed at maximizing media exposure, the signs were positioned directly behind where television correspondents typically report, ensuring the images would appear in news coverage.

From his first day in office, Trump signed executive actions to expedite deportations and overhaul US immigration policy, stretching the limits of presidential authority in pursuit of his agenda.

While speaking at a rally in Michigan to mark his 100 days in the Oval Office, President Donald Trump told his supporters that he terminated former President Joe Biden’s “insane electric vehicle mandate.” But there has never been a federal mandate that prohibited Americans from buying gasoline-powered cars.

Despite that, Trump still signed an executive order, eliminating the “electric vehicle mandate” in the very early days of his second term.

Trump has hailed this termination many times before, and today he is touting it in Michigan, an auto manufacturing state. He also signed an executive order and a proclamation today to​ ease auto tariffs.

President Donald Trump speaks on his first 100 days on Tuesday in Warren, Michigan.

President Donald Trump renewed his attacks on the chairman of the Federal Reserve today, without calling out Jerome Powell by name at his rally marking the 100-day mark of the his second term.

Trump said “you’re supposed to let him do his own thing, but I know much more than he does about interest rates, believe me.”

The latest: This is the latest in Trump’s line of attacks against Powell in recent weeks. Earlier this month, the president publicly said Powell was “a major loser” whose “termination cannot come soon enough,” before softening his stance a few days later, saying he had “no intention” of firing the Fed chair.

He has also criticized Powell for keeping rates too high. Powell has said repeatedly the Fed will only make a decision to raise or lower rates after careful consideration.

Advisers have warned Trump that terminating the central bank chief would backfire legally and economically, sources familiar with the matter told CNN.

CNN’s David Goldman contributed reporting to this post.

House Speaker Mike Johnson speaks during a press conference in Washington DC, on Tuesday.

House Republicans unveiled plans to fund President Donald Trump’s nationwide immigration crackdown as well as introducing a possible tax on passenger vehicles and revamping student loans.

Here’s a breakdown of each:

CNN”s Manu Raju, Veronica Stracqualursi and Lauren Fox contributed to this report.