Top five takeaways from Trump's interview with CNBC

3 hours ago 6

U.S. President Donald Trump reacts arsenic helium leaves the legislature centre during the World Economic Forum (WEF) yearly gathering successful Davos connected Jan. 21, 2026.

Fabrice Coffrini | AFP | Getty Images

President Donald Trump connected Wednesday gave an interview to CNBC's Joe Kernen connected the sidelines of the World Economic Forum successful Davos, Switzerland.

The speech came hours aft Trump addressed overseas leaders and concern executives successful Davos, and soon aft helium made headlines by announcing helium had "formed the model of a aboriginal woody with respect to Greenland," the Danish-owned land that helium had insisted indispensable beryllium to the United States.

Here are the 5 apical 5 takeaways from Trump's interview:

1. Greenland woody volition past 'forever'

Trump told CNBC that helium struck a "concept of a deal" connected Greenland aft gathering with North Atlantic Treaty Organization Secretary General Mark Rutte connected Wednesday.

Trump, successful announcing connected Truth Social that a model was present successful place, besides said that tariffs helium announced past week connected imports from European countries that opposed a U.S. takeover of Greenland would not instrumentality effect.

President Donald Trump speaks with CNBC’s Joe Kernen astatine the World Economic Forum successful Davos, Switzerland connected Jan. 21, 2026.

CNBC

"I deliberation it's going to beryllium a precise bully woody for the United States, besides for them, and we're going to enactment unneurotic connected thing having to bash with the Arctic arsenic a whole, but besides Greenland, and it has to bash with the information ... and different things," Trump said.

"They're going to beryllium progressive successful the Golden Dome, and they're going to beryllium progressive successful mineral rights, and truthful are we."

Trump said the model astir Greenland volition past "forever."

2. The adjacent Fed seat whitethorn person already been picked

Trump said helium whitethorn person made his prime for the adjacent seat of the Federal Reserve — but declined to place that person.

"I'd accidental we're down to three, but we're down to two," helium said.

"And I astir apt tin archer you, we're down to possibly one, successful my mind," Trump said.

Former Fed Governor Kevin Warsh, existent Governor Christopher Waller, National Economic Council main Kevin Hassett, and BlackRock fixed income caput Rick Rieder are each in the mix for the position.

Current Fed Chair Jerome Powell's word ends successful May. Powell precocious revealed helium was nether probe by the Justice Department successful transportation with the costly renovation of the Federal Reserve office successful Washington, D.C.

Read much CNBC authorities coverage

Sen. Thom Tillis, R-N.C., has threatened to artifact immoderate Fed nominee until Powell's probe is over.

"I don't cognize astir Thom Tillis, but you know, he's not going to beryllium a legislator excessively overmuch longer," Trump said. "Whatever, I mean, immoderate it is, you know, life, whatever."

3. Trump loves a strict recognition paper complaint cap

The president doubled down connected his connection to headdress recognition paper involvement astatine 10% for 1 year, portion acknowledging that the thought "sounds like" thing projected by New York Mayor Zohran Mamdani, a self-described antiauthoritarian socialist.

"I emotion it," Trump said of his plan.

He said that during a caller telephone telephone with Sen. Elizabeth Warren, a Massachusetts Democrat who has been a staunch professional of his, "she was precise happy" with his proposal.

Trump said that the involvement rates that millions of Americans look erstwhile they bash not, oregon cannot, wage disconnected their monthly recognition paper equilibrium are excessively high.

"You know, immoderate happened to usury? They can't wage 28%," helium said.

"I've had calls from recognition paper companies, radical that are friends of mine, actually, and I dainty them good. I respect them greatly, but they marque a batch of money," Trump said.

"You know, radical spell out, they bargain something, and if they're a small spot late, they're paying 28%, they extremity up filing for bankruptcy."

JPMorgan Chase CEO Jamie Dimon, during a speech earlier Wednesday astatine Davos, said that Trump's headdress would beryllium a disaster.

Trump has been making a propulsion to code affordability successful caller weeks arsenic polls proceed to amusement little support ratings for his handling of the economy.

4. Iran 'hopes'

Trump said helium hopes determination volition beryllium nary request for further U.S. subject enactment successful Iran arsenic the Iranian authorities responds to home protests.

"We anticipation there's not going to beryllium further action," the president said, portion declining to regularisation retired specified action.

Trump launched a strike successful Iran successful June targeting sites related to the country's atomic program.

"They gotta halt with the nuclear," Trump told CNBC connected Wednesday.

Trump has weighed strikes successful Iran since the archetypal action, and helium has ratcheted up his threats successful response to protests determination that were met with lethal unit by the regime.

5. 'We privation radical to beryllium capable to bargain a home'

Trump elaborated connected his program to artifact ample organization investors from buying single-family homes, a time aft signing an executive order aimed astatine stopping Wall Street from competing with homebuyers.

"You person these large companies, these large corporations, buying up thousands of homes and renting them oregon doing immoderate they bash with them," Trump said.

"It got to beryllium excessively overmuch ... we privation radical to beryllium capable to bargain a home."

Blocking Wall Street from buying homes has been a precedence for immoderate Democratic elected officials.

Rep. Ro Khanna, D-Calif., past week introduced a bill to artifact specified buy-ups.

"People accidental are you a conservative, yea but I'm a common-sense person," Trump said, referring to his proposals aimed astatine expanding affordability.

Read Entire Article