Karen Moscow

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I'm Karen Moscow and this is Bloomberg.

News when you want it with Bloomberg News Now.

I'm Karen Moscow.

President Trump gave a forceful defense of his administration and his economic policies in a record-setting State of the Union address.

In a speech that lasted an hour and 47 minutes, the president declared inflation is plummeting, incomes are rising, the economy is roaring, and America's enemies are scared.

And despite what he called the Supreme Court's very disappointing ruling against his tariffs, President Trump said he'll keep pursuing them through other authorities.

President Trump sprinkled a few policy proposals in his speech, like a retirement savings match for workers without 401ks and a ban on commercial driver's licenses for undocumented immigrants.

He also sprinkled the speech with attacks on Democrats.

Those attacks came after President Trump began the speech celebrating the gold medal winning U.S.

men's hockey team.

He also highlighted military veterans throughout the address, including a World War II vet who will turn 100 this year.

Virginia Governor Abigail Spanberger delivered the Democratic rebuttal to the president's State of the Union address.

Virginia Governor Abigail Spanberger says costs remain too high for many Americans.

Iran has pushed back against President Trump's pressure tactics ahead of critical talks in Geneva over Tehran's nuclear program.

Iran's foreign ministry spokesman dismissed Trump's remarks at the State of the Union as big lies.

President Trump claimed that Iran is working to reconstitute its nuclear program even as it negotiates with Washington, adding to speculation that he's preparing for a fresh round of military strikes in the coming days.

Meanwhile, Iran's parliament speaker said the U.S.