Squawk on the Street SOTS 2nd Hour: Trump at NATO, Day 2 of Powell Testimony
Jun 25, 2025
Donald Trump, former President of the United States, shares insights from the NATO summit, highlighting military commitments and his critiques of Fed Chair Powell, whom he dubs “very stupid.” He discusses U.S. military successes against threats like ISIS, while also addressing the complex dynamics of the Israel-Iran conflict. The conversation dives into NATO's defense spending and the implications for global security, along with frustrations about media portrayals of military actions and the intelligence community’s performance.
AI Snips
Chapters
Transcript
Episode notes
US Strike Shattered Iran's Nuclear Sites
- The U.S. successfully carried out a massive precision strike against Iran's nuclear enrichment facilities, described as "obliteration."
- This strike significantly reset Iran's nuclear weapons development capability and led to a 12-day ceasefire, raising hopes the Israel-Iran conflict might be over.
NATO Boosts Defense Spending
- NATO countries agreed to raise their defense spending from 2% to 5% of GDP, which was previously thought impossible.
- This "Hague defense commitment" will add over one trillion dollars a year and represents a monumental win for U.S. and Western security.
Missile Defense Ace Story
- 14 missiles were shot at the U.S. base in Qatar and all 14 were intercepted successfully.
- The missile defense was described as "like shooting a bullet with a bullet," demonstrating advanced U.S. military technology.