Trump marathon press briefing makes multiple false claims about economy, deregulation on inauguration anniversary

President Trump held a rare 104-minute White House press briefing on his one-year inauguration anniversary, making numerous false or misleading claims. On gasoline prices, Trump claimed 'at $1.99 in many states' when the national average was $2.78 with no state averaging below $2.00. He asserted 'We have no inflation' despite ongoing price pressures. He claimed 'one out of four jobs added was a government job' under Biden when it was actually about 11% (1.8 million of 16 million). He also claimed a 129:1 deregulation ratio that remains uncorroborated. Trump spent 80 minutes speaking before taking questions, displayed photos of ICE arrests in Minneapolis, and attacked California Governor Gavin Newsom. The briefing occurred the day before his Davos speech amid escalating tensions with European allies over his Greenland acquisition push.

"at $1.99 in many states" — Claiming gasoline prices when national average was $2.78