The Fox News Rundown From Washington: President Trump On 'Cost of Living' Concerns
Nov 15, 2025
Edward Lawrence, a Fox Business Network White House correspondent, delves into the Trump administration's economic policies, discussing public dissatisfaction with affordability and the effects of tariffs on prices. He highlights the challenges of lowering prices quickly and ponders innovative housing solutions like 50-year mortgages. Dr. Dorothy Fink, a Deputy Assistant Secretary for Health & Women's Health, explains the FDA's removal of black box warnings on hormone replacement therapy. She also discusses modern formulations, timing for treatment, and links between menopause and mental health.
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Price Reductions Take Time
- Edward Lawrence says lowering broad price levels is hard and takes time as policies travel through the economy.
- The Trump administration faces an “in-between” period where high prices persist while policy effects have not fully arrived.
Tariffs Caused Staggered Price Shocks
- Tariffs acted as staggered, one-time price shocks across many goods, slowing overall inflation decline.
- Removing tariffs on items the U.S. cannot sufficiently produce should quickly lower prices for those specific foods.
Emphasize Tangible Savings
- The White House emphasizes rising real wages and lower energy costs to show pocketbook gains for Americans.
- Highlight concrete savings like lower gas prices to make economic messaging resonate with voters.