Trump’s overall average approval rating for his first and second terms (41%) is lower than all presidents dating back to Harry Truman, according to Gallup. Joe Biden has the next lowest average, 42%, followed by Truman (45%) and Jimmy Carter (46%).

President Donald Trump's approval rating slipped in recent days to nearly its lowest level of his current term as voters from his Republican Party soured on his handling of the economy, according to a new Reuters/Ipsos poll.

The president was expected to devote the year-end speech to his accomplishments so far in his second term and look ahead to next year.

Only 36% of Americans approve of President Trump’s handling of the economy in a new NPR/PBS News/Marist poll. We discuss what might be driving that discontent and how much Trump’s tariff policies are to blame.

Fifty-seven percent of Americans disapprove of how Trump is handling the economy, according to the latest PBS News/NPR/Marist poll.

With tariffs unpopular and prices still high, the White House has teased the promise of tariff rebates and large tax refunds next year.

Trump has brushed aside poor poll numbers — and even said claims of a cost of living crunch were a “hoax” perpetuated by Democrats. His lavish parties in Mar-a-Lago and extensive White House renovations have further undercut his messaging.

Economists also note that the report showed that wages are growing at the lowest rate in years. Although Americans’ earnings are still outpacing inflation, average hourly earnings grew at an annual rate of 3.5% in November, whereas inflation grew at a 3% rate in September, marking the slowest pace since 2021.