Home Business ‘I Own The Store’: Trump Seeks A Direct Role In The Economy

‘I Own The Store’: Trump Seeks A Direct Role In The Economy

House: Speaker Mike Johnson (R-La.) and President Donal Trump in March. (Jabin Botsford/The Post)

President Donald Trump is trying to force down drug prices to specific levels. He has directed tariff rates on virtually every country. He declared that the Federal Reserve “must” lower interest rates. He takes a personal interest in the fate of individual companies like TikTok. He appears frequently with CEOs to tout investment deals, including many that were hatched before his presidency.

And in his just-concluded Middle East trip, Trump pitched business leaders on doing business in America for one big reason: his personal involvement in the U.S. economy. “There’s no better place to make a future or make a fortune — to do anything, frankly — than what we have in the United States of America under a certain president, Donald J. Trump,” he said. “I have the right attitude.”

In the opening months of his second term, Trump has taken an unusually direct and high-profile role in attempting to manage the sprawling American economy — an approach that could bring him enormous benefits if it thrives or danger if it stumbles. It’s a departure from decades of Republican orthodoxy and arguably from Trump’s own history; during the 2024 campaign, he called Democrat Kamala Harris a communist and a Marxist because her vow to tackle price gouging could have led to price controls.

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