From a press conference with Elon Musk, taking questions from the media regarding the Department of Government Efficiency; on the phone with Russian President Putin then calling Ukrainian President Zelensky to try to bring the war to an end; signing Executive Orders; and welcoming back Marc Fogel, who had been in a Russian prison since 2021, at 10:30 p.m., President Trump is wearing out the press corps and network anchors. The Bureau of Labor Statistics reported the January Consumer Price Index; Kevin has the details and offers his insights. Oil reacts to U.S. crude inventories rising more than expected, OPEC keeping demand outlook projections unchanged, Federal Reserve Chairman signaling slower interest rate cuts, and Trump's calls to Putin and Zelensky to discuss ending the war in Ukraine.