Jeanine Pirro defends Trump amid stock market turmoil

In the wake of significant stock market declines, Fox News host Jeanine Pirro attempted to frame the market's downturn as a potential positive sign. On the show 'The Five', Pirro characterized the uncertainty in the market not as a crisis but as an indication that recovery could lie ahead. This commentary came as the S&P 500 index reported losses exceeding 10 percent within just two trading days, indicative of a turbulent economic climate. Federal Reserve Chair Jerome Powell provided a more sobering perspective, indicating that ongoing tariffs would result in higher inflation rates and slowed economic growth. Pirro suggested that the economic issues stemmed from prior administrations' policies, implying that the responsibility now rested on Donald Trump to rectify these financial challenges. Her strong belief in Trump as a capable leader was highlighted by her willingness to overlook personal financial implications, even regarding her 401(k) retirement plan, due to her faith in his economic strategies. On previous episodes, Pirro demonstrated a reluctance to criticize Trump's tariff policies, suggesting they were vital for revitalizing American manufacturing and bringing business back to the U.S. She cited recent supply chain problems during the COVID pandemic as a further argument for the need to support domestic manufacturing, even as the stock market faced severe turbulence. The discourse around stock market downturns has sparked broader reactions on the political right, with others downplaying the concern associated with market losses. Some have framed the stock market's fluctuations as 'digital ones and zeroes,' arguing that a declining economy is less consequential than losing national sovereignty. This growing narrative seems to aim at rallying a voter base that views Trump's economic policies as essential for maintaining America's global strength.