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President Trump uses his State of the Union to celebrate an economic turnaround many voters aren't seeing.

Members of Congress and my fellow Americans, our nation is back, bigger, better, richer, and stronger than ever before.

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And Anthropics says competition could lead it to relax the AI safety rules it's known for.

It's Wednesday, February 25th.

I'm Daniel Bach for the Wall Street Journal, filling in for Luke Vargas.

And here's the AM edition of What's News, the top headlines, and business stories moving your world today.

We begin in Washington where President Trump has given the longest state of the union address in U.S. history, referring to his first year in office as a turnaround for the ages.

In a speech full of showmanship and patriotism, Trump celebrated his immigration enforcement

operations and heralded his economic agenda at a time when polls show him struggling to connect

with the public on the economy and Republicans bracing for a challenging midterm election.

Our White House reporter Meredith McGrath has been covering the speech from Washington throughout the night

and joins me now. Meredith, what did you make of the address?

The goal of President Trump's speech really was to promote his record during his first year back in office

and try to make the case to the American people that he's working to make their lives safer and more affordable.

After just one year, I can say with dignity and pride that we have achieved a transformation like no one has ever seen before and a turnaround for the ages.

It is a lot of the speech was a defense of his policies, whether it was a crackdown at the border, on illegal immigration, or his big beautiful bill and no tax on tips or the Trump accounts for children.

But he really didn't roll out too many new policy

...