After Poor GDP Report, Trump’s Cabinet Meeting Reveals These 5 Major Updates

Former President Donald Trump held a high-profile cabinet meeting this week following the release of a weaker-than-expected U.S. GDP report for the first quarter of 2025. As economic growth slows, Trump used the opportunity to regroup with his team and reinforce his administration’s direction heading into a crucial election year.

Here are the five most significant moments from the cabinet meeting.

Trump Calls GDP Numbers “Temporary Noise”

Trump dismissed the recent GDP figures—showing only 1.1% growth—as a “temporary setback,” blaming Federal Reserve policies and global instability for the downturn. He reiterated his belief that the U.S. economy remains fundamentally strong and predicted a sharp rebound in Q2.

“We’ve seen these numbers before,” Trump said. “We’ll bounce back—stronger than ever.”

Focus on Cutting Regulations to Spur Growth

One of the meeting’s key themes was deregulation. Trump emphasized that his administration would push for massive rollbacks on federal regulations, particularly targeting energy, construction, and healthcare industries. He argued that excessive bureaucracy is holding businesses back from hiring and investing.

“We’re going to slash the red tape like never before,” he told the room.

Harsh Words for the Federal Reserve

Trump did not hold back when discussing the Federal Reserve, criticizing Chair Jerome Powell for maintaining “unnecessary interest rate levels” that he claims are stalling economic recovery. He urged the Fed to “wake up” and lower rates to encourage lending and spending.

This statement sparked immediate reactions across financial media, with economists split on whether the Fed should adjust its course.

Praise for Cabinet Members Who “Deliver”

Trump took time to single out several cabinet members for what he called “real performance under pressure.” He praised his Treasury Secretary, Energy Secretary, and Homeland Security head for executing initiatives quickly and staying “laser-focused on results.”

The former president’s praise came with a warning: those not meeting expectations “will be replaced.”

“America First” Theme Returns Stronger Than Ever

In closing, Trump reignited his signature “America First” rhetoric, vowing to prioritize domestic production, energy independence, and supply chain security. He claimed his team is working on new tariffs to counter foreign trade imbalances and promote U.S. manufacturing.

“We’re bringing jobs home. No more selling out to foreign interests,” Trump declared.