US President Donald Trump said on Thursday that he will grant a $5,000 dividend to all American citizens if the Republican Party wins both houses of Congress in the upcoming midterm elections.
Trump said he would do so because of the US's "tremendous strength and success economically," noting that the dividend would apply to all US adults.
He further noted that the dividend "must be spent in the United States of America," saying he doesn't want it spent in "Canada or Germany."
The US president made his comments while speaking at the Republican National Convention in Dallas, Texas, where he also said that he is considering renaming the Strait of Hormuz the "Trump Strait."
"I should get something out of it," he said. "I'm sure the Iranian leadership will be thrilled with that."
This is a developing story.