Economic woes send Trump’s approval into danger zone

It’s Tuesday. Get your summer clothes out of storage. Twenty-two states will feel record heat over the next few days. ☀️ 

Inflation jumps 3.8 percent 

Inflation jumps 3.8 percent 

Trump’s disapproval hits whopping 70 percent 

Trump’s disapproval hits whopping 70 percent 

DOJ targets Iran war leaks with journalist subpoenas 

DOJ targets Iran war leaks with journalist subpoenas 

Hegseth testifies on $1.5 trillion budget request 

Hegseth testifies on $1.5 trillion budget request 

Kimmel, Fallon, Meyers and Oliver join Colbert’s ‘Late Show’

Kimmel, Fallon, Meyers and Oliver join Colbert’s ‘Late Show’

☁️ IN THE WHITE HOUSE

Inflation is that uninvited guest that won’t leave: 

LM Otero, Associated Press

The annual inflation rate shot up to 3.8 percent over the past 12 months — 0.6 percent in April alone — as the war in Iran drove up energy and fuel prices. 

What economists had expected: Economists expected the annual rate to be roughly 3.7 percent.  

Inflation in March: Annual inflation hit 3.3 percent in March. 

➤ NEW POLLING — AMERICANS ARE ANGRY: 

A new CNN poll shows that 77 percent of Americans think President Trump’s policies have raised their costs of living. That includes a majority of Republicans. 

Trump’s approval rating on the economy sank to 30 percent in the poll, the lowest it has ever been.  

➤ HOW TRUMP MAY COMBAT THE RISE IN GASOLINE PRICES: 

The president said he is considering pausing the federal gas tax. The national average for gas has climbed to $4.52 per gallon.

What is the federal gas tax, you ask?: 18.4 cents per gallon for gasoline and 24.4 cents per gallon for diesel.

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Trump’s next target: Media reports on the Iran war: 

President Trump is furious about the media leaks about the war in Iran, so much so that he personally urged acting Attorney General Todd Blanche to aggressively investigate those leaks by issuing subpoenas to reporters covering the war, according to new reporting from The Wall Street Journal. 

What we know: “Blanche vowed to secure subpoenas specifically targeting the records of reporters who have worked on sensitive national security stories, one official said. In one meeting, Trump passed a stack of news articles he and other senior officials thought threatened national security to Blanche with a sticky note on it that said ‘treason,’ another administration official said. Senior Justice Department officials have met with counterparts from the Pentagon to discuss the investigations, according to........

© The Hill