“President Trump is absolutely right to celebrate inflation finally cooling and real wages finally growing for everyday American workers,” White House spokesman Kush Desai said. “While Biden downplayed and ignored this reality, President Trump has been focused on ending the Biden economic disaster since Day One with policies that work. “All I know is forget about the stock market, forget about Wall Street, your 401(k)s are doing very well. Desai said the stock market highs reflect pro-business policies that are driving investment and will create jobs and increase wages. Most business spending and stock market increases are driven by investments in artificial intelligence by tech companies such as Microsoft, Google, Amazon and Meta.

Source: Washington Post February 15, 2026 10:02 UTC