President Donald Trump, seated in background sixth from left, watches a driving demonstration at General Motors proving ground, Monday, July 27, 2026, in Milford, Mich. (AP Photo/Alex Brandon)

Attendees hold signs as President Donald Trump speaks at the General Motors Proving Ground, Monday, July 27, 2026, in Milford, Mich. (AP Photo/Paul Sancya)

People pray before President Donald Trump speaks during an event at the General Motors Proving Ground Monday, July 27, 2026, in Milford, Mich. (AP Photo/Paul Sancya)

President Donald Trump, center left, speaks with Mary Barra, chair and CEO of General Motors, center right, and General Motors President Mark Reuss, right, as Transportation Secretary Sean Duffy listens at left, during a driving demonstration at General Motors proving ground, Monday, July 27, 2026, in Milford, Mich. (AP Photo/Alex Brandon)

President Donald Trump pauses during a speech at General Motors proving ground, Monday, July 27, 2026, in Milford, Mich. (AP Photo/Alex Brandon)

Federal Reserve Chairman Kevin Warsh testifies before the Senate Banking, Housing and Urban Affairs Committee to deliver the semiannual monetary policy report to congress, on Capitol Hill, Wednesday, July 15, 2026, in Washington. (AP Photo/Jose Luis Magana)df

Federal Reserve Chairman Kevin Warsh testifies before the Senate Banking, Housing and Urban Affairs Committee to deliver the semiannual monetary policy report to congress, on Capitol Hill, Wednesday, July 15, 2026, in Washington. (AP Photo/Jose Luis Magana)

Federal Reserve Chairman Kevin Warsh testifies before the Senate Banking, Housing and Urban Affairs Committee to deliver the semiannual monetary policy report to Congress, on Capitol Hill, Wednesday, July 15, 2026, in Washington. (AP Photo/Jose Luis Magana)