Korea Presidential Aide Pushes for Gradual Corporate Stock Plan
The proposal is part of a broader set of initiatives by President Lee Jae Myung — backed by lawmakers in his Democratic Party, which holds a legislative majority — to bolster the local stock market they view as undervalued compared to regional peers.
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Yahoo
7 minutes ago
- Yahoo
Trump's approval rating drops to second-term low as support from independents craters
WASHINGTON ― President Donald Trump's approval rating has dropped to 37%, according to a new Gallup poll, the lowest mark of his second term as independent voters have increasingly soured on his presidency. The poll, taken July 7 through July 21, was conducted on the heels of Trump's July 4 signing of his "Big, Beautiful Bill" into law and as he's faced an intense backlash over his administration's refusal to release files in the government's case of disgraced financier and sex offender Jeffrey Epstein. It marks a 10-point drop from the 47% approval rating Americans gave Trump's job performance at the beginning of his term in January. The poll, a phone survey of 1,002 Americans, has a margin of error of +/- 4 percentage points. More: Trump tussles with Powell during Federal Reserve visit but backs off firing threat Only 29% of independent voters said they approved of Trump's job performance, a 17-point decline from the 46% the president enjoyed among independents at the start of his second term. The 29% approval rating among independent voters is the lowest Gallup has tracked with the group in either of his two terms. Trump has maintained strong support from Republican voters ‒ dropping just one point from 90% in January to 89% ‒ while backing from Democratic voters has slid from 6% to 2%. Trump's approval rating slides on issues including economy An average of recent polls from Real Clear Politics found Trump with a higher approval rating of 52%, compared to 46% of Americans who approve of his job performance. Although Trump's "Big, Beautiful Bill" legislation marked a major legislative victory for the president, a CNN poll conducted by SSRS this month found 61% of Americans opposed the megabill, which includes cuts to Medicaid and food stamps and an extension of Trump's 2017 tax cuts estimated to add $3.3 trillion to the debt over 10 years. Trump has also lost support on his handling of most issues. Only 37% of Americans approved of his handling of the economy in July, down from 42% in Gallup's February poll. Trump's favorability rating on immigration decreased from 46% to 38%, his handling of foreign trade from 42% to 36%, his handling of foreign affairs from 44% to 41%, and his handling of the Middle East from 40% to 36%. More: Trump says he hasn't considered pardoning Epstein associate Ghislaine Maxwell Trump's lowest approval marks are for his handling of the war in Ukraine, 33%, and the federal budget, 29%. More: Trump signs order pushing cities and states to remove homeless people from streets Trump's average approval rating in Gallup polls between April 20 and July 19, was 40% ‒ significantly below the 59% average for all post-World War II presidents elected from 1952 to 2020 at the same point in their first terms. Yet it was a notch above the 39% first-term second-quarter average Trump had in 2017. The latest Gallup poll is a potential warning sign for Trump and Republicans more than one year away from the 2026 midterms, when Democrats hope to win back control of the House of Representatives and Senate. Yet Trump has proven in the past that he has the strength political to overcome poor polling. Trump's lowest approval rating, 34%, came at the end of his first term in January 2021 after he refused to concede the 2020 election and the Jan. 6 attack on the U.S. Capitol. Reach Joey Garrison on X @joeygarrison. This article originally appeared on USA TODAY: President Trump's approval rating reaches low point of second term
USA Today
8 minutes ago
- USA Today
Trump's approval rating drops to second-term low as support from independents craters
WASHINGTON ― President Donald Trump's approval rating has dropped to 37%, according to a new Gallup poll, the lowest mark of his second term as independent voters have increasingly soured on his presidency. The poll, taken July 7 through July 21, was conducted on the heels of Trump's July 4 signing of his "Big, Beautiful Bill" into law and as he's faced an intense backlash over his administration's refusal to release files in the government's case of disgraced financier and sex offender Jeffrey Epstein. It marks a 10-point drop from the 47% approval rating Americans gave Trump's job performance at the beginning of his term in January. The poll, a phone survey of 1,002 Americans, has a margin of error of +/- 4 percentage points. More: Trump tussles with Powell during Federal Reserve visit but backs off firing threat Only 29% of independent voters said they approved of Trump's job performance, a 17-point decline from the 46% the president enjoyed among independents at the start of his second term. The 29% approval rating among independent voters is the lowest Gallup has tracked with the group in either of his two terms. Trump has maintained strong support from Republican voters ‒ dropping just one point from 90% in January to 89% ‒ while backing from Democratic voters has slid from 6% to 2%. Trump's approval rating slides on issues including economy An average of recent polls from Real Clear Politics found Trump with a higher approval rating of 52%, compared to 46% of Americans who approve of his job performance. Although Trump's "Big, Beautiful Bill" legislation marked a major legislative victory for the president, a CNN poll conducted by SSRS this month found 61% of Americans opposed the megabill, which includes cuts to Medicaid and food stamps and an extension of Trump's 2017 tax cuts estimated to add $3.3 trillion to the debt over 10 years. Trump has also lost support on his handling of most issues. Only 37% of Americans approved of his handling of the economy in July, down from 42% in Gallup's February poll. Trump's favorability rating on immigration decreased from 46% to 38%, his handling of foreign trade from 42% to 36%, his handling of foreign affairs from 44% to 41%, and his handling of the Middle East from 40% to 36%. More: Trump says he hasn't considered pardoning Epstein associate Ghislaine Maxwell Trump's lowest approval marks are for his handling of the war in Ukraine, 33%, and the federal budget, 29%. More: Trump signs order pushing cities and states to remove homeless people from streets Trump's average approval rating in Gallup polls between April 20 and July 19, was 40% ‒ significantly below the 59% average for all post-World War II presidents elected from 1952 to 2020 at the same point in their first terms. Yet it was a notch above the 39% first-term second-quarter average Trump had in 2017. The latest Gallup poll is a potential warning sign for Trump and Republicans more than one year away from the 2026 midterms, when Democrats hope to win back control of the House of Representatives and Senate. Yet Trump has proven in the past that he has the strength political to overcome poor polling. Trump's lowest approval rating, 34%, came at the end of his first term in January 2021 after he refused to concede the 2020 election and the Jan. 6 attack on the U.S. Capitol. Reach Joey Garrison on X @joeygarrison.
New York Post
8 minutes ago
- New York Post
Trump says Obama ‘owes me big' for Supreme Court immunity ruling
WASHINGTON — President Trump said Friday that former President Barack Obama 'owes me big' for a US Supreme Court ruling that grants immunity for presidential acts. Trump — who scored the sweeping ruling last year — had accused Obama earlier this week of treason and sedition for ordering up a spy-agency report on Russia's alleged role in the 2016 election. 'It probably helps him a lot — the immunity ruling, but it doesn't help the people around him at all,' Trump said. Advertisement 'But it probably helps him a lot. He's done criminal acts, there's no question about it, but he has immunity. 'He owes me big. Obama owes me big,' the prez said while departing the White House for a trip to Scotland. 6 President Trump says former President Barack Obama is lucky because he is likely immune from criminal charges involving the 2016 presidential election — thanks to a top-court ruling in Trump's favor last year. AP Advertisement Trump on Tuesday accused Obama of being the 'leader of the gang' of officials who he said conspired to misinform the public and gin up investigations into whether Trump colluded with the Kremlin to defeat Democratic presidential nominee Hillary Clinton. The Russian collusion claims sparked long-running and leaky FBI and congressional probes that consumed more than half of Trump's first term of office. National Intelligence Director Tulsi Gabbard sent a criminal referral to Attorney General Pam Bondi last week raising the possibility that Obama broke the law. An email released by Gabbard showed that Obama ordered an intelligence assessment that eventually found Russia intervened to help Trump defeat Clinton — though Gabbard said US intel actually showed that Russia expected Clinton to win and held back damaging material on her for later release. Advertisement 6 National Intelligence Director Tulsi Gabbard has referred Obama to the Justice Department for investigation. Anna Wilding / After a White House meeting Dec. 9, 2016, then-Director of National Intelligence James Clapper's assistant emailed spy agency leaders asking for an assessment 'per the President's request' to describe 'tools Moscow used and actions it took to influence the 2016 election.' 'It's criminal at the highest level,' Trump said Tuesday. 'President Obama, he started it. And [Joe] Biden was there with him, and [then-FBI Director James] Comey was there, and Clapper — the whole group was there, and [then-CIA Director John] Brennan. Advertisement 'This is like proof, irrefutable proof that Obama was seditious, that Obama led, was trying to lead a coup — and it was with Hillary Clinton, with all these other people, but Obama headed it up.' 6 Obama, seen with Trump on Jan. 9 at former President Jimmy Carter's funeral, ordered a spy-agency assessment of Russia's role in the 2016 election involving President Trump and Hillary Clinton. AFP via Getty Images 6 Trump said Obama was the 'leader of the gang' and named (from left) former FBI Director James Comey, former CIA Director John Brennan and former National Intelligence Director James Clapper as possible conspirators. REUTERS Obama has ripped Trump's allegations against him. 'Out of respect for the office of the presidency, our office does not normally dignify the constant nonsense and misinformation flowing out of this White House with a response. But these claims are outrageous enough to merit one,' Obama spokesman Patrick Rodenbush said. 'These bizarre allegations are ridiculous and a weak attempt at distraction. Nothing in the document issued last week undercuts the widely accepted conclusion that Russia worked to influence the 2016 presidential election but did not successfully manipulate any votes.' 6 The nation's top court last year ruled presidents have presumed immunity after an appeal from Trump. AP 6 Trump was challenging his prosecution for contesting the 2020 election results, including by encouraging thousands of supporters to march on the Capitol. AP Advertisement The US Supreme Court ruled last July that presidents have absolute or presumptive immunity from criminal prosecution for official acts — after Trump became the first former president to face criminal charges. The case dealt with allegations against Trump by Biden Justice Department-appointed special counsel Jack Smith involving Trump challenging his 2020 election loss. As he campaigned to return to power, Trump faced a second case from Smith for allegedly mishandling classified documents and two state-level cases by elected Democratic district attorneys for falsifying business records to conceal 2016 hush money payments and to challenge his 2020 loss in Georgia. Advertisement
