Full transcript of "Face the Nation with Margaret Brennan," May 17, 2026
Summary
President Donald Trump returned from a diplomatic trip to China during a time of rising inflation and economic challenges in the U.S. His comments about not focusing on Americans' financial situations while negotiating with Iran have caused concern. Polls show many Americans are unhappy with his handling of the economy, especially inflation, ahead of the midterm elections.Key Facts
- President Trump recently completed a trip to China, the world’s two biggest economic powers.
- Inflation in the U.S. is rising at the fastest rate in three years.
- President Trump said he does not think about Americans' financial issues during Iran deal negotiations, focusing instead on preventing Iran from getting nuclear weapons.
- Republicans are worried about their chances in the midterm elections due to economic concerns and inflation.
- A CBS News poll shows 70% of Americans feel frustrated or angry with the administration’s economy policies.
- Only 27% of people approve of President Trump’s handling of inflation, a new low in CBS poll numbers.
- Gas prices average $4.51 per gallon, causing Americans to spend $45 billion more on fuel than a year ago.
- Lower-income Americans are reducing their spending, including fueling their cars less often.
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