Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Trump says he will grant a $5,000 dividend to all Americans if Republicans win midterms

Trump further said he would rename the Strait of Hormuz the "Trump Strait."

On Thursday, US President Donald Trump announced his intention to grant a $5,000 dividend to every American citizen if the Republican Party secures both houses of Congress in the upcoming midterm elections scheduled for November. Trump attributed this financial incentive to the nation's robust economic performance, stating that the dividend would be extended to all US adults.

The proposal, dubbed the "Trump Dividend," is contingent upon the Republicans' victory in both legislative branches. Trump emphasized that recipients of the dividend must spend it within the United States, expressing his reluctance for it to be directed towards countries such as Canada or Germany.

During his address at the Republican National Convention in Dallas, Texas, Trump also hinted at the possibility of renaming the Strait of Hormuz as the "Trump Strait." Additionally, he suggested that the US might target a facility known as Pickaxe Mountain, located near Iran's Natanz uranium enrichment site, cautioning Iran against any aggressive behavior.

Written by urgent.news from Jerusalem Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at jpost.com →

More in Finance & Markets

More from Thursday 10 September →