Trump’s Congressional Address: Using Elon Musk for Government Overhaul to “Drilling” for Energy Prosperity – Apple (NASDAQ: AAPL), Oracle (NYSE: ORCL)

President Donald Trump A wide range of Congress speeches were delivered, covering key economic issues, with particular emphasis on electric vehicles, energy production and government efficiency.

On electric cars, Trump took a direct stance: “We ended the last administration’s crazy EV mission to save our automakers and companies from economic destruction.” The statement marks a major shift in automotive policy that promises to ease the automotive industry.

The core of his efficiency driver is the new department of government efficiency, Elon Musk. Trump personally stressed Tesla Inc TSLA “He works very hard. He doesn’t need this,” said the role of CEO Musk. The department aims to combat what Trump calls massive government waste, with the president claiming they “discover hundreds of billions of dollars in fraud” and is working to eliminate inefficiency.

On inflation, Trump has summoned food prices in particular, pointing out the impact on everyday Americans:[Former President] Joe Biden Let the price of eggs get out of control, and now he is working to lower the price. ” He linked it to his broader economic strategy to reduce government spending and waste.

Energy policy centers on Trump’s approach to emphasising “baby exercises”. “We have more liquid gold under our feet than any country on Earth…I fully authorize the most talented team ever to participate and get it,” he declared. This includes plans to plan the “Alaska’s giant gas pipeline” and expand key mineral production.

See also: NBA legend Shaq says his net worth is “quadruple” once he takes notes from Jeff Bezos and starts investing in things that “change people’s lives.”

In taxation, Trump proposed a comprehensive cut and exemption: “I call for taxation on tips, no overtime pay, and no Social Security benefits.” He also aims to make interest on auto loans for U.S.-made vehicles tax-free, promising “absolute prosperity” of the auto industry.

Trump highlighted major corporate investments, including Oracle Corp ORCL,,,,, Apple AAPL,,,,, Taiwan Semiconductor Manufacturing Company TSMand SoftBank Group sftbf.

On the trade side, Trump announced reciprocal tariffs starting April 2, announcing: “Whether they charge us, we will charge them.” He promised that this would bring “trillions of dollars” and create unprecedented job opportunities.

Interest rates and federal budgets are also key topics. Trump promised a “beautiful drop” on interest rates and was committed to balancing the federal budget, which was “not completed in 24 years.” He introduced a “gold” immigration program that aims to generate income and reduce national debt.

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Disclaimer: The content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.