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President Trump addresses young black conservative leaders. Photo: Pete Marovich/Getty Images

President Trump fed off the energy of hundreds of young black conservatives yesterday who piled into the White House in red MAGA hats to hear him speak, later telling Charlie Kirk, a prominent Trump supporter and founder of Turning Point USA, that unlike most speaking events at the White House, he "loved" this one, comparing it the feeling he gets during rallies, Kirk told Axios.

Why it matters: In recent weeks, Trump has boasted about his rising popularity among African Americans, touting the low unemployment rate and pointing to his work with Kanye West and football legend Jim Brown. But despite his recent rhetoric and claims of newfound support, Trump is still severely unpopular among black voters. According to the latest Gallup ranking, only 10% of black voters approve of the job he's doing.

The details: Trump's appearance Friday was part of the inaugural Young Black Leadership Summit, sponsored by Turning Point USA. It came less than two weeks before the midterm elections, where both young and minority voters are expected to turn out in high numbers for Democrats.

  • During the event, Trump told a cheering crowd that Democrats are to blame for “wiping out good paying jobs” in the black community and for fueling the high crime and poverty rates in inner cities.
  • Afterward, Trump stayed to sign hats and "work the photo line": "He had them throwing themselves at him telling him he's the greatest," Kirk told Axios.

The backdrop: Kirk, a longtime friend of Donald Trump Jr.'s, told Axios that Jared Kushner, who has led several of the administration's criminal justice efforts and helped facilitate bringing West and Brown to the White House, was key in arranging Trump's appearance before the group.

  • Don Jr. has also been very supportive and helped kick off the summit with Kirk.
  • Following the president's speech on Friday, Don Jr. told Axios: "I have been doing 3-5 rallies a day for over a month and have never felt that kind of genuine excitement and have never seen that kind of emotional response from an audience. Truly Incredible!"

Go deeper

JPMorgan: "Full global recovery" in 2022

Photo: Erik McGregor/LightRocket via Getty Images

JPMorgan Chase Global Research says in a forecast to clients: "2022 will be the year of a full global recovery, an end of the global pandemic, and a return to normal conditions we had prior to the COVID-19 outbreak."

The big picture: The bullish report sees "a return of global mobility, and a release of pent-up demand from consumers (e.g. travel, services)."

Inside Trump's hunt for "disloyal" Republicans

Illustration: Aïda Amer/Axios

Donald Trump and his associates are systematically reshaping the Republican Party, working to install hand-picked loyalists across federal and state governments and destroy those he feels have been disloyal, sources close to the former president tell Axios.

Why it matters: If most or all of Trump’s candidates win, he will go into the 2024 election cycle with far more people willing to do his bidding who run the elections in key states.

2 hours ago - Politics & Policy

CPI: The new jobs number

Grocery shoppers in Washington, D.C., last month. Photo: Ting Shen/Xinhua via Getty Images

The Consumer Price Index has replaced the jobs report as the most anticipated data drop by the U.S. government.

Why it matters: Rising prices tend to lower political fortunes. Washington and Wall Street are now waiting for the CPI number to flash at 8:30am ET around the 10th day of each month. This month's report — due Friday morning — will give a reading of how hot inflation ran in November.