Roger Marshall Brushes Off Stock Market Anxiety, Defends Trump Economic Record

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On the Senate floor, Sen. Roger Marshall (R-KS) praised President Trump's first 100 days.

Transcript

00:00President, this week we honor and celebrate the 100th day of our 47th president, Donald J. Trump.

00:08I don't know about you, but it's been a blur to many of us, but I believe it's been a bold blur.

00:13As I searched over the last week to think about the words to describe these first 100 days,

00:18I think of the word consequential, that these first 100 days have been some of the most

00:23consequential we've ever seen in American history. And I think about a vision. I think of

00:29that my vision is this big ship we call America, and she's slowly changing course

00:35back into the wind. And it's a good direction. At times we have to tack into the wind, but the

00:41direction is positive. And it's exciting for me to see an 11-point surge in optimism in this country

00:48in January of this year alone. But to sum it up, what I've seen in these first 100 days is a return

00:56to American greatness. A return to American greatness. And I think I see his theme of promises

01:03made and promises kept by this president. You know, first and foremost, President Trump campaigned

01:09to secure our border. That was his top priority, to secure a border. And think about what's happened

01:15since he was sworn in. Under Joe Biden, we saw in days 10,000 people crossing our border illegally.

01:22Some days it was 11,000. But under President Trump, we're now averaging less than 300 of those

01:29border crossings a day. We went from 10,000 a day to 300 in a day. That's a promise made

01:36and a promise kept. President Trump also campaigned that he would make your family safer and more

01:42secure. And to that end, he's deported 130,000 violent criminal aliens. And as I traveled the state

01:50and talked to law enforcement officers, to a person, they tell me that the number of violent

01:56crimes is down. The fentanyl poisoning is down. Indeed, the president's plan of securing our border

02:01has led to the health and safety of our families. President Trump promised that he'd roll back

02:07regulations. To that end, of his 135 executive orders, many have done just that. Cutting red tape

02:14and saving American families some $2,000 each. Another promise made and another promise kept.

02:22President Trump said we're going to drill baby drill. One of my favorite expressions from his

02:27campaign. Drill baby drill. And indeed, America once again is drilling. And we've seen gasoline prices

02:34drop across America. It was common just a couple years ago under Joe Biden to see gasoline at over

02:40$4 a gallon. Today, all across the state of Kansas, it's averaging under $2.60 a gallon. So it's dropped

02:48from $4 to $2.60 a gallon. That's a promise made and a promise kept. Well, what about groceries, you ask?

02:55So last month, we saw the smallest increase in the consumer price index since the spring of 2020.

03:01Since COVID, since the start of COVID, this is the smallest increase in grocery prices that we've seen.

03:07Now, it would take 30 minutes, maybe an hour for me to talk about all the things that President Trump

03:13has accomplished in these first 100 days. But I want to just highlight a few more. He's terminated

03:19the EV mandate. He's slowed the green energy transition. He's ended boys and girls sports.

03:27Under Doge, he's cut over $100 billion, saving American taxpayers money. He's got America out of

03:33the World Health Organization, out of the Paris Climate Agreement, establishing once again that

03:38he's an American first president. But one thing I'm really excited about is this economic boom that

03:45we're starting to see. That President Trump talks about the $7 trillion of investment into America

03:52that has been promised. And so much of that is going to lead to good paying manufacturing jobs,

03:57jobs with benefits. And that we're seeing that already across the state of Kansas.

04:01These last two weeks, I was very purposeful visiting several of our manufacturing companies,

04:07probably a dozen of them. And to a company, each one was describing the increase in sales that they're

04:13having, a big increase in the number of products that are wanted in the future. Why? Because they're

04:18American made, because they're using American steel and American aluminum. And I think that that's what we

04:23can do with this Trump economy, is that his tariffs are bringing those manufacturing jobs back to this

04:29country, and indeed their great jobs. I want to take a second here and put up a poster, Mr. President.

04:38You know, much has been made about the stock market the last week or two.

04:43But I think that this chart of the Dow Jones Industrial Average over the past hundred years is

04:48another sign of American greatness. You know, there's been days which aren't as good. But the trend here is

04:54what? It's upward. And you look at just the last several days, the last week here, there's a small

04:59little blip here, a very small blip. But in relationship to what? I would remind Americans that

05:05the Dow today is up 5% compared to a year ago. The Nasdaq is up almost 10% compared to a year ago. The

05:12trend is the right way. And I don't know about you, but I'm betting on America. We've had five days in a

05:18row now. The Dow Jones increasing in value. That's the longest winning streak we've seen in almost a

05:24year. And who knows, maybe today will be the sixth day where we've seen the Dow go up as well.

05:29But to me, this stock market is another example of American greatness. And I wouldn't bet against us.

05:36Look, my belief is that President Trump has declared the apology to a resolver with. That we're boldly

05:47putting America and Americans first. Gone is the despair of the Biden era. Today, families are safer,

05:55life is more affordable, and traditional family values are now thriving. Young Americans now have

06:03a renewed hope that they can chase their own American dream. That dream was gone the last

06:08four or five years. But today, the American dream is live and well. What's that American dream look

06:14like? Raising a family, owning a home, and building a brighter future. And I think a lot of this is due

06:22to President Trump's leadership because he's delivering strength, prosperity, and opportunity

06:27to Americans. Again, 100 days, promises made, promises kept. Mr. President, I yield the floor.

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