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Trump Pledges 5,000 Dollar Stimulus Payout Ahead of Midterm Elections

US President Donald Trump has pledged a 5,000 dollar payment to every American adult, conditional on the Republican Party retaining control of Congress in the upcoming November midterm elections. Trump announced the proposal, dubbed a dividend, during the Republican National Midterm Convention in Dallas. While the initiative is aimed at bolstering support for Republican candidates amid a challenging electoral outlook, questions remain regarding the funding mechanism, legal feasibility, and requirement for congressional approval. The announcement coincides with ongoing market volatility, particularly regarding oil prices impacted by the conflict with Iran.

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