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Trump Reverses Course on Taxpayer-Funded Ads and Signs Diesel Executive Order
Read this in the Market Flux appPresident Trump announced he will no longer use federal taxpayer dollars to fund a series of promotional television ads that had drawn sharp criticism from lawmakers and raised questions about legality. In a Truth Social post, Trump said he had decided to pay for the spots, which he called "Patriotic Ads," using his own personal funds and money raised for MAGA, Inc., his pro-Trump super PAC. The reversal follows bipartisan concern that the campaign-style advertising constituted an improper use of government funds and may have violated federal law.
Separately, Trump signed an executive order on Monday temporarily waiving the off-road requirement for red-dyed diesel fuel, allowing any buyer to purchase the tax-exempt variety for any purpose, including highway use, through the end of 2026. The order also defers the federal 24-cent-per-gallon excise tax with no interest or penalties. Trump called the move an "unprecedented step" to reduce costs and said it would lower prices for goods including groceries. Diesel prices have risen to between $6.30 and $6.50 per gallon amid global supply disruptions, straining trucking, farming, and supply chains. Energy experts cautioned that limited red-dyed diesel supply could constrain the benefit and potentially push up costs for farmers who already rely on it for off-road use.
Trump attributed the elevated fuel prices partly to refinery disruptions, including damage to Russian refineries from Ukrainian strikes contributing to diesel supply pressure, rather than to the Strait of Hormuz. He also said the war with Iran was "essentially almost over" and predicted prices would "come down very sharply" once the conflict concludes. Trump additionally said China would double its purchases from the United States and approved the execution of Fort Hood shooter Nidal Hasan, convicted of killing 13 people in the 2009 attack, by U.S. Army firing squad.
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Sources
- FinancialjuiceTrump: I have chosen to run ads and finance them myself, using funds raised for Maga Inc.
- Cablefxmacro🇺🇸*TRUMP: WILL PAY FOR ADS WITH MONEY RAISED FOR MAGA
- DeItaoneTRUMP: HAVE DECIDED TO DO ADS AND PAY FOR THEM MYSELF, AND WITH MONEY I RAISED FOR MAGA, INC.
- ReutersTrump to issue order expanding access to tax-exempt diesel fuel, sources say
- CNBCTrump says he'll pay for TV ads that praised him and which government funded
- Be In CryptoTrump Says Hormuz No Longer Impacts Gas Prices. Is He Right?
- Ny TimesFacing Backlash, Trump Says His Super PAC Will Pay for Taxpayer-Funded Ads
- BloombergTrump Vows to Pay for Ads Praising Him With Personal, PAC Funds
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- BusinessPresident Trump pledged to pay for video ads with his personal funds — and money from his super political action committee — following ethical concerns about the messages that are running at taxpayer expense.
- SemaforUS President Donald Trump is preparing to issue an executive order expanding access to tax-exempt diesel in an effort to contain near-record fuel prices.
- FirstSquawkTRUMP SAYS HE WILL SIGN AN ORDER TONIGHT TO WAIVE THE OFF-ROAD REQUIREMENT TO ALLOW ANYONE TO PURCHASE TAX-FREE RED-DYED DIESEL, AND HAS SIGNED THE ORDER ON RED-DYED DIESEL
- RedboxWireTrump signs executive order targeting red-dyed diesel
- PolymarketJUST IN: Trump vows to stop using taxpayer money for “Patriotic Ads” praising his administration, saying he’ll pay with personal & MAGA Inc. funds instead.
- WhiteHouseJUST NOW: President Donald J. Trump signs an Executive Order to temporarily allow off-road “dyed” diesel for highway use, lowering costs for Americans. This action will put money directly BACK in the pockets of American farmers, truckers, & workers. 🇺🇸
- ZerohedgeTRUMP: SIGN EO TO WAIVE OFFROAD REQUIREMENT ON RED DYE DIESEL
- LiveSquawk#OOTT | Trump Signs Order To Ease Limits On Diesel Variety To Curb Costs - BBG
- CnnbrkPresident Donald Trump said he will no longer use taxpayer money to fund a series of promotional TV ads, announcing that he will instead pay for them with funds raised for MAGA, Inc., the pro-Trump super PAC.
- WsjPresident Trump said he plans to pay for controversial pro-Trump television ads using funds from his MAGA Inc. super PAC rather than the federal government, following lawmaker criticism
- KalshiJUST IN: President Trump says Canada "behaves very badly with the United States" and "we caught them in the act"
- BullTheoryioBREAKING: 🇺🇸 President Trump signs an executive order allowing tax-free off-road diesel to be used on US highways for the rest of 2026 to lower fuel costs.
- InvestingTrump signs order allowing road use of tax-exempt dyed diesel
- Marketsday‘We had a threat’: Trump explains U.S. moving long-range bombers from UK The U.S. Air Force B-1 bombers removed from England have been used in strikes on Iran.
- ThehillTrump: Refinery disruptions, not Hormuz, are driving gas prices
- France24_enTrump approves firing-squad execution of Fort Hood shooter Nidal Hasan ➡️
- SeekingAlphaSupreme Court justices question oil industry's bid to shut down climate change lawsuits $USO #investing #finance #economy