President Donald Trump is making Democratic strategists' jobs easier and creating a major headache for Republicans seeking election this November, according to President Donald Trump is making Democratic strategists' jobs easier and creating a major headache for Republicans seeking election this November, according to

'Only one person to blame': GOP frets that Trump has thrown away single 'economic win'

2026/03/10 20:27
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

President Donald Trump is making Democratic strategists' jobs easier and creating a major headache for Republicans seeking election this November, according to a report Tuesday.

Just two weeks ago, the 79-year-old president framed his party's message around his economic record — specifically touting $2.30 gasoline in most states — but his decision to join Israel in war against Iran threatens to undermine that pitch to voters as surging oil prices provoked pain at the pump, reported the Washington Post.

"Oil prices Monday spiked to levels not seen since Russia invaded Ukraine in 2022, while prices at the pump jumped nearly 50 cents higher than a week ago," the Post reported. "The price per barrel jumped to almost $120 at one point Monday before dropping to under $90 by the end of the day as Trump suggested the war with Iran could end soon. But the roller coaster still left some in his party anxious about the political and economic fallout, particularly as Iran has vowed to continue retaliatory strikes."

The White House insists the price hikes will be temporary, but lingering increases would present another challenge for Republicans in a less-than-favorable political environment, the report stated.

“Gas was one thing that they have been touting as an economic win,” said GOP pollster Mitchell Brown. “A reversal on that obviously makes the message harder.”

Trump's response to the increase – calling the hikes a "small price to pay" for security and blithely commenting "if they rise, they rise" – has alarmed some of his MAGA allies, with right-wing influencer Matt Walsh warning those comments "aren't helping anything," and many Republicans are hoping the military operation ends quickly.

“As we saw the last 24 hours, it’s a very volatile [situation]," said Sen. Steve Daines (R-MT). "This will start to calm down as this conflict is resolved I’m confident it will be resolved.”

Trump won re-election in 2024 by campaigning against soaring inflation under President Joe Biden, but his approval rating had drooped dramatically since returning to office — which Democratic strategists say gives them an "easy story" to tell voters heading into the midterm election.

"They only have one person to blame and that is the president of the United States," said Neera Tanden, a senior White House official under Biden who now leads the left-leaning Center for American Progress.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Share
BitcoinEthereumNews2025/09/18 02:13
CME Group to Launch Solana and XRP Futures Options

CME Group to Launch Solana and XRP Futures Options

The post CME Group to Launch Solana and XRP Futures Options appeared on BitcoinEthereumNews.com. An announcement was made by CME Group, the largest derivatives exchanger worldwide, revealed that it would introduce options for Solana and XRP futures. It is the latest addition to CME crypto derivatives as institutions and retail investors increase their demand for Solana and XRP. CME Expands Crypto Offerings With Solana and XRP Options Launch According to a press release, the launch is scheduled for October 13, 2025, pending regulatory approval. The new products will allow traders to access options on Solana, Micro Solana, XRP, and Micro XRP futures. Expiries will be offered on business days on a monthly, and quarterly basis to provide more flexibility to market players. CME Group said the contracts are designed to meet demand from institutions, hedge funds, and active retail traders. According to Giovanni Vicioso, the launch reflects high liquidity in Solana and XRP futures. Vicioso is the Global Head of Cryptocurrency Products for the CME Group. He noted that the new contracts will provide additional tools for risk management and exposure strategies. Recently, CME XRP futures registered record open interest amid ETF approval optimism, reinforcing confidence in contract demand. Cumberland, one of the leading liquidity providers, welcomed the development and said it highlights the shift beyond Bitcoin and Ethereum. FalconX, another trading firm, added that rising digital asset treasuries are increasing the need for hedging tools on alternative tokens like Solana and XRP. High Record Trading Volumes Demand Solana and XRP Futures Solana futures and XRP continue to gain popularity since their launch earlier this year. According to CME official records, many have bought and sold more than 540,000 Solana futures contracts since March. A value that amounts to over $22 billion dollars. Solana contracts hit a record 9,000 contracts in August, worth $437 million. Open interest also set a record at 12,500 contracts.…
Share
BitcoinEthereumNews2025/09/18 01:39
Stablecoin market hits $312B as banks, card networks embrace onchain dollars

Stablecoin market hits $312B as banks, card networks embrace onchain dollars

Finance Share Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Stablecoin market hits $312B as banks, card
Share
Coindesk2026/03/10 22:48