"Shark Tank" investor and entrepreneur Kevin O'Leary on Thursday signaled that President Donald Trump will make decisions in the coming weeks to change his cabinet.
O'Leary told CNN's Kasie Hunt that the economy is a major pain point for Trump, whose polling dipped to its lowest yet, while the president's "road show" is a sign that he's looking ahead to the 2026 midterm elections in hopes of drumming up support from his base.
"And let's face it, this is the earliest anybody's gone on the road for the midterms, because that's exactly what he's doing. He's on the road pitching for the midterms," O'Leary said.
Inflation and tariffs are still something Americans want help with. And although O'Leary had originally said he was in favor of the Trump administration's changing trade and tariff policy, he argued that it could use some work.
"It's not yet perfect. And so more work to be done. But midterms, let's say, are 11 months away. And that's what's going to matter," O'Leary said.
"Rubber hits the road then, by the way. We'll see. We'll see who's left in the Cabinet at Jan. 31. If any whacking is going to occur within the policy cabinet, it'll be happening in January. The team that's going to go to the midterms will be defined on January 31. And as a policy guy and investor, that's all I care about," O'Leary added.