The MeidasTouch Podcast - Trump Holds Disaster Presser in Oval as Decline Continues

Episode Date: April 17, 2025

MeidasTouch host Ben Meiselas reports on Donald Trump’s disastrous Oval Office press conference with Italian Prime Minister Meloni. Just Thrive: Go to https://JustThriveHealth.com and use code: MEIDAS to save 20% on your first bottle. Visit https://meidasplus.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices

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free of charge bet mgm operates pursuant to an operating agreement with iGaming ontario donald trump just wrapped up a disastrous press conference in the oval office with the prime minister of italy of course donald trump mostly made it about himself, his grievances, his retribution. Donald Trump spent the time attacking the chairman of the Federal Reserve, Jerome Powell, who Donald Trump himself appointed in 2017. Play this clip. Mr. President, on Jerome Powell, you said that the termination of Jerome Powell cannot come fast enough. He says he won't leave, even if you ask him to.

If I ask him to, he'll be out of there. Do you believe you have the power to remove him? Are you trying to do that? I don't think he's doing the job. He's too late, always too late. They're slow, and I'm not happy with him. I let him know it, and if I want him out, he'll be out of there real fast. Believe me. Donald Trump continued to attack Chairman Powell because Chairman Powell accurately described that our economy is having big problems now created by the Trump regime.

Donald Trump in this Oval Office press conference says he doesn't know what Congo even is, the country. He doesn't know what it is, but he says they're doing bad things. Play this clip. All over the world, the Congo and Africa, many, many people come from the Congo. I don't know what that is, but they came from the Congo and all over the world, They came in, opened it. Donald Trump next addresses the school shooting that took place at the FSU student union, or I should say, he mentions it. He doesn't really address it. His statement is quote, things like this take place is his response to the horrific tragedy that took place today.

Play this clip everybody and i've been briefed on these florida state university tallahassee active shooting i guess it's an active shooter uh fully brief as to where we are right now it's a shame horrible thing horrible that things like this take place and we'll have more to say about it later. Donald Trump then said that Jerome Powell, the chairman of the Federal Reserve, is going to face a lot of political pressure. He goes, you know, these are political guys. And so you're going to face a lot of pressure.

Play this clip. It's come down quite a bit. And I would say the Fed really owes it to the American people to get interest rates down. That's the only thing he's good for. And he would have an effect on that if he if he lowered them. And I think at some point he will. He's going to have a lot of political pressure.

You know, they are political also. And I think there's a lot of political pressure for him to lower interest rates. Yeah. Go ahead, please. Once again, let me repeat, Donald Trump appointed Chairman Powell in 2017. OK, so now Donald Trump is attacking his own person because his own person is saying accurately that the economy is struggling right now because of Trump's failed trade war with the world. Donald Trump then says that Jimmy Carter, late president, is actually a happy man. He died happy because he was better than Biden. This is, again, the deranged, demented mind of a freaking lunatic. Here, play this clip. We're useless. They were incompetent. Worst administration in the history

of our country. Worse than Jimmy Carter. Jimmy Carter died a happy man. You know why? Because he wasn't the worst president. Joe Biden was. So I think you're going to see some fantastic numbers where this all happens. It's happening now. I mean, everybody going to see some fantastic numbers where this all happens. It's happening now. Everybody wants to make a deal. A reporter then asks Donald Trump to clarify his views about Chairman Powell and about what he intends to do to Chairman Powell. If Chairman Powell does not reduce interest rates. Here, play this clip. Can you clarify on rate cuts? Do you intend to see Powell firing if he doesn't change

his stance on rate cuts? Or is that on the table? Well, I think he should do the rate cuts because I think if Europe has done it, puts us at a disadvantage to Europe. I mean, he plays right into their hands. So I think he should do the rate cuts. We don't have really inflation now. I just said the major things are going down. Oil is great. Oil is way ahead of schedule. And that's because of our policies.

But oil is down into the $60, $65 range now per barrel. And I told you in certain states we have less than $2 for gasoline and food is down. Groceries, as we call it, are down. Other than interest rates, everything's down. Interest rates are pretty flat. It's not that they're up, but we should be better than flat. We should if he would lower the interest rate i think would have a good impact on that too but the costs are down we have very little inflation i would say we have essentially no inflation hard to have inflation when oil goes down and it's just interesting that donald trump continues to cite europe's central bank as a reason the united states should be doing interest

rate cuts you know donald we were doing interest rate cuts in the united States should be doing interest rate cuts. You know, Donald, we were doing interest rate cuts in the United States. You know when? Under former President Biden. You know why? Because inflation was hitting its Fed target rate of 2% based on things like the Inflation Reduction Act. Former President Biden had to clean up the mess left by you, the arsonist. The arsonist then claimed that the person putting out the fire was actually the arsonist. You came back into power. And now, once again, voila, you are the arsonist again, screwing up the economy, causing inflation to rise such that interest rates can't be taken down.

Now, one of the expressions that I've heard, and Carl Quintanilla has said it before, what Trump wants to do is try to burn down the house in order to cook a steak. So you're trying to destroy the entire economy, blow it all up to what? To lower the interest rates when the economy is going to be literally the worst since the Great Depression. Like that's the game plan. Donald Trump then says that there are lots of countries calling him up. So many countries calling him up to make deals that he maybe doesn't even want to do deals with them.

Play this clip. Very well with negotiations, I think, with all countries. Do you have a timing? Scott could tell you a little bit, but we are doing very well. We have a lot of countries that want to make a deal. Frankly, they want to make deals more than I do. Go ahead, Scott. You're smart enough to know when something's not working.

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justthrivehealth.com and use promo code MIDAS to save 20% on your first bottle. That's justthrivehealth.com, promo code MIDAS. We heard this earlier today in the White House when Donald Trump was asked about Xi Jinping now meeting with allies of the United States and China cutting deals as Donald Trump has turned America into basically the manifestation of a Trump dollar sign meme coin or a dollar sign Smolania meme coin. Play this clip. On China, Mr. President, you said you found China. You said to the disastrous Oval Office press conference, Donald Trump is asked again about, you know, what about these trade deals? Americans are suffering, to which Donald Trump says,

Americans aren't suffering. We're doing great. He goes, everything's down. Prices are down. Things are great. Americans are thriving. They're great again right now. He goes, the only thing that's bad is interest rates. Play this clip. You did say that you are confident these deals will be done, but you also said that you're in no rush. Americans are seeing prices rise. They're seeing it on their bills. How long can they expect that pain to last? So they've already seen it get much better because if you were truthful which you're not you know i know you very well uh you have gasoline that hit a dollar 98 yesterday in a couple of states you have gasoline's way down the price of oil has dropped substantially i'm gonna bring the data at

the end of this video don't worry where i'm going to fact check everything that he's saying because it's all 100 false but what else is new how How do you know Donald Trump and MAGA is lying? They open up their mouth. Here, Donald Trump then talks about the only thing that's going up are interest rates. Play this clip. So price has ever gone up. The only thing that's gone up actually is interest rates because we have a Federal Reserve Chairman that is playing politics, somebody that I've never been very fond of actually. But he's playing politics. Interest rates should be down now. They should be coming down.

In Europe, as you know, they reduced them, I guess, seven times. It looks like they're going to reduce them again and again and again. But our guy wants to play cute but uh interest rates are pretty much even maybe they went up just a slight bit but that's the only thing but that's because of the federal reserve because they're not very smart people trump is then asked uh what's going to happen donald if uh a federal judge holds you in contempt and Trump like throws his DOJ under the bus? He's like, oh, it's not going to be me. Ask the lawyers. Ask the DOJ lawyers. You hear that, DOJ lawyers? Here, play this clip.

Mr. President, if a federal judge holds you in contempt, will you take steps to return Kilmar Abrego Garcia to the United States and put him in front of a judge? Well, I'm not involved in it. I'm going to respond by saying you'll have to speak to the lawyers, the DOJ. I've heard many things about him and we'll have to find out what the truth is. Again, just take a look at some charts. I like charts. I like data. I'm a data guy.

I'm a chart guy. Federal spending up right now. More federal spending now than under former President Biden for everything that Doge said it was going to do. It didn't do it. The U.S. dollar is having the worst start to a year since 1995. Consumer confidence right now is at its lowest point since 1981 its second lowest point since 1951 or 52 when university of michigan really started doing its consumer confidence survey we've now heard from the atlanta fed which believes negative 2.2 percent gdp contraction in quarter one we've heard from the new y and Philly feds, which show manufacturing declining at a rapid pace. American Express put out guidance, assuming in their guidance that there will be an average unemployment of around 5.7%, but they think that their business will be largely immune

from any great recession because they have wealthy people as clientele. This just in, mortgage rates see the largest one-week hike in nearly a year, reaching their highest level in two months. I've seen some mortgage rates as high as 7%, 7.5%, some slightly lower, but housing is not more affordable. Prices are going up. The price of eggs, remember the price of eggs are higher. Donald Trump is a complete liar and a complete failure in everything that he does. But he goes there in the Oval Office and lies like living people breathe. That's kind of how Donald Trump exists. As I said in my sub stack on MidasPlus.com today, go check it out.

MidasPlus.com and spell it right. M-E-I-D-A-S-P-L-U-S.com. I said Donald Trump's an expert in one thing, fraud. Hit subscribe. Let's get to 5 million subscribers. Thanks for watching. The truth is more important than ever. Check out our new Truth Over Lies collection at store.midastouch.com. All 100% USA union made.