Trump admin updates: Trump teases 'big day' at White House

Trump announced on social media that E.J. Antoni will be the next commissioner of the Bureau of Labor Statistics.

Antoni served as the chief economist at The Heritage Foundation.

"Our Economy is booming, and E.J. will ensure that the Numbers released are HONEST and ACCURATE. I know E.J. Antoni will do an incredible job in this new role," Trump wrote on social media.

His announcement comes as the latest report on inflation will be released Tuesday morning. July inflation is expected to have ticked up to 2.8% compared to a year ago.

It will be the first major BLS report since the then-BLS Commissioner Erika McEntarfer was fired earlier this month after a disappointing jobs report.

-ABC News’ Kelsey Walsh

Trump said that he met with Intel CEO Lip-Bu Tan, Secretary of Commerce Howard Lutnick and Secretary of the Treasury Scott Bessent Monday afternoon, according to a post on the president’s social media platform.

"The meeting was very interesting. His success and rise is an amazing story," Trump said Tan.

"Mr. Tan and my Cabinet members are going to spend time together, and bring suggestions to me during the next week," he continued.

The meeting occurred after Trump demanded Tan’s resignation on social media last week.

-ABC News’ Kelsey Walsh

Wrapping up a press conference in the White House briefing room, President Donald Trump declared, "We're going to be taking back our capital."

"It's going to be a model. And then we'll look at other cities also, but other cities are studying what we're doing. And you have some capable people in other cities, they can do it too. But we have a great group of professionals, we're going to have a safe, beautiful capital and it's going to happen very quickly," Trump added.

President Donald Trump said he believed the United States and Russia could engage in trade talks as a result of the upcoming meeting of the president and Russian President Vladimir Putin.

Asked if he believed "normal trade" could happen between the U.S. and Russia should the meeting go well, Trump said "I do."

"Russia has a very valuable piece of land. If Vladimir Putin would go toward business instead of toward war, you know, it's a warring nation. That's what they do," Trump said.