Morning Wire Trump’s Economy Pays Dividends & SCOTUS Weighs Women’s Sports | 1.13.26
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Jan 13, 2026 
Tim Pawlenty, the former governor of Minnesota, shares insights on the alarming rise of fraud in the state and discusses the implications of political pressures on enforcement actions. Meanwhile, culture reporter Megan Basham delves into the Supreme Court's high-stakes deliberations concerning the participation of biological males in women's sports, examining the legal and scientific arguments that could set significant precedents across the nation. These discussions are timely as both topics resonate widely in today's political and social landscape.
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Economic Turnaround Shows Up In Data
- The economy has rebounded strongly with accelerating GDP and falling consumer costs under Trump's first year back in office.
- GDP rose to over 5% in Q4 2025 while gas, mortgage rates, and rent showed meaningful declines.
Watch Inflation To Anticipate Rate Cuts
- Monitor inflation and Fed moves because sustained sub-3% inflation could prompt rate cuts in 2026.
- Lower rates would relieve consumers through cheaper borrowing and mortgage costs.
Investigation Raises Question Over Powell's Future
- The DOJ has opened an inquiry into Fed Chair Jerome Powell over an expensive Fed HQ renovation amid tensions with the White House.
- The probe could accelerate Powell's exit before his term ends in May depending on findings.