• Trump’s address: President Donald Trump last night mounted a sustained argument for his administration’s economic success, arguing that he’d made significant progress in easing prices despite widespread voter frustration with the cost of living.

• What else he said: After opening his address with scathing and familiar criticism of Biden-era policies, Trump celebrated his tariff policy and his immigration crackdown while announcing a “warrior dividend” of $1,776 for military service members.

• Marijuana order: Trump is expected to sign an executive order today reclassifying marijuana in a move that would ease federal restrictions, according to sources.

• Epstein files: Meanwhile, the Justice Department is required to release a massive trove of investigative documents related to Jeffrey Epstein by tomorrow.

The White House is touting a new data report from the Bureau of Labor Statistics, which shows annual inflation slowed to 2.7% after hitting 3% in September.

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