The US president has urged voters to “pretend I’m on the ballot” as the GOP battles to retain control of Congress
US President Donald Trump has promised a $5,000 “dividend” to every adult American if Republicans retain control of both houses of Congress in November’s midterm elections.
Speaking at the Republican Party’s first-ever midterm convention in Dallas on Wednesday, Trump argued that the US economy and revenues generated by his tariff policies would allow Washington to make direct payments to citizens.
“If the Republicans win, you win with us and you get $5,000," Trump told the cheering crowd. “It will be called the Trump Dividend.”
“The only caveat I have is that the dividend that we’re making must be spent in the United States of America,” he added.
🚨 JUST NOW: President Trump just stunned the ENTIRE room saying if Republicans win the House and Senate he will give a Trump Dividend
The president did not explain how the payout would be implemented or funded. At $5,000 per adult, the plan could cost well over $1 trillion.
Trump repeatedly boasted about the amount of money flowing into the United States as a result of tariffs and foreign investment. His administration has previously claimed that more than $20 trillion in new investment is coming into the country, while Treasury officials have projected annual tariff revenues potentially reaching hundreds of billions of dollars.
The president also touted his administration’s recent oil agreement with Venezuela, which gives Washington majority control over more than 65 billion barrels of proven reserves, before joking about how easy it was to find oil in the South American country.
Trump hilariously jokes about oil in Venezuela 🤣
"You know the way Exxon and Chevron, they go around looking, they hire these geniuses... they spend millions and millions for equipment, they go all over the world looking, they can’t find it. In Venezuela, what you do is the… https://t.co/KumAyRpQyGpic.twitter.com/E7YEbgOYUT— Mr Producer (@RichSementa) September 10, 2026
“You know the way Exxon and Chevron... they spend millions and millions for equipment, they go all over the world looking, they can’t find it,” Trump said. “In Venezuela, you look on the ground and you see ground that’s soaking wet with oil, and you say, ‘Let’s build our rig right there.’”
Trump also joked about renaming the Strait of Hormuz after himself while discussing the ongoing US-Israeli war with Iran.
“We should call the Hormuz Strait the Trump Strait! I should get something out of it. The Trump Strait!” he said. “I’m sure the Iranian leadership will be thrilled with that!”
TRUMP ON IRAN TONIGHT –– War, Hormuz, Pickaxe, "Mr. Supreme Leader", Nukes (GOP Midterm Convention)
• If JCPOA wasn't canceled and if “our beautiful B-2 bombers” had not hit them, “they would have a nuclear weapon right now and I would be addressing them as Supreme Leader:… pic.twitter.com/aWP8STQHvN— Urgent Intel (@urgentintel) September 10, 2026
The president reiterated his claim that the conflict with Iran would end and oil prices would fall after the US midterm elections, tying his foreign-policy and energy message back to the November vote.
“In 55 days, Americans will be going to the polls in one of the most important elections in our country’s history,” he said.
“When I’m on the ticket, Republicans always do well,” Trump added. “I’m asking you to pretend I’m on the ballot… Just one more time.”
The two-day Dallas convention, conceived by Trump as a campaign showcase ahead of the midterms, is the first such gathering ever held by the Republican Party outside a presidential election year. Trump is scheduled to return on Thursday to deliver closing remarks.