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Verdict with Ted Cruz

BONUS POD: Trump talks Iran, Immigration & Smaller Government in One-on-One w NBC News

Verdict with Ted Cruz

Premiere Networks

Politics, Daily News, News Commentary, News

4.643.4K Ratings

🗓️ 5 February 2026

⏱️ 11 minutes

🧾️ Download transcript

Summary

1. Economic Policy & Interest Rates

  • Trump expressed strong confidence that U.S. interest rates will be lowered, stating there is “not much doubt” the Federal Reserve will act.
  • He emphasized that lower interest rates would benefit consumers and businesses through cheaper borrowing.
  • Trump stated that his Federal Reserve chair nominee understands his priority on lowering interest rates and implied the nominee would not have been chosen otherwise.
  • He argued that economic growth will eventually outweigh national debt, framing debt as manageable due to incoming capital and renewed growth.
  • Trump criticized Democrats for allegedly inflating employment numbers by expanding the federal workforce, contrasting this with his reduction of federal jobs and reliance on private-sector employment.

2. Federal Government Size & Spending

  • Trump claimed his administration reduced hundreds of thousands of federal jobs, arguing these workers transitioned into the private sector.
  • He positioned this as an effort to reduce wasteful government spending and improve efficiency.
  • He strongly criticized the cost overruns of a Federal Reserve building renovation, calling it the most expensive per square foot in U.S. history.
  • Trump denied that an investigation related to the Federal Reserve was personal retaliation, stating it was being handled independently by the DOJ.

3. Corporate Regulation & Antitrust

  • Trump said he would not personally intervene in high‑profile corporate antitrust matters, including the Netflix–Paramount–Warner Bros. Discovery situation.
  • He emphasized allowing the Department of Justice to independently review such deals.
  • This was presented as a shift toward reducing political interference in corporate competition.

4. Immigration Policy

  • Trump stated his administration had made “great strides” on immigration.
  • He acknowledged learning from experience and said a “softer touch” may be appropriate in some enforcement situations, while still maintaining overall toughness.
  • This framing suggested adaptability rather than a full policy change.

5. Foreign Policy & Iran

  • Trump issued strong warnings toward Iran, asserting that its leadership should be “very worried.”
  • He claimed the U.S. had destroyed Iran’s nuclear capabilities, preventing it from acquiring a nuclear weapon.
  • Trump threatened renewed military action if Iran attempts to restart its nuclear program, stating the U.S. is monitoring potential new sites.
  • He credited these actions with restoring Middle East stability and reducing fear among regional allies.

6. Third Term Question

  • When asked about the possibility of remaining president beyond a second term, Trump avoided a direct answer, responding humorously.
  • He reiterated that his sole purpose was to “Make America Great Again” and said his administration’s success reflects national success.
  • No concrete statements suggesting an attempt to remain in office were made.

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Transcript

Click on a timestamp to play from that location

0:00.0

This is an I-Heart podcast.

0:02.6

Guaranteed Human.

0:04.7

I say that we cannot have corrupt elections.

0:07.9

If we have to, if they don't straighten it out, as an example, voter ID.

0:12.1

Why don't the Democrats want voter ID?

0:15.2

You know who does want voter ID?

0:17.0

Democrat voters want it, but Democrat politicians don't.

0:20.7

Why don't they want it? Because they want to cheat on elections. If they don't want voter ID, Democrat voters want it, but Democrat politicians don't. Why don't they want it? Because

0:22.1

they want to cheat on elections. If they don't want voter ID, that means they want to cheat.

0:26.5

We can't allow cheating in elections. You're listening to the 47 morning update with Ben Ferguson.

0:32.4

Good Thursday morning. Nice to have you with us on the 47 morning update, and we've got one major story for you.

0:38.3

Donald Trump sits down with NBC News in a wide-ranging interview, talking about exactly what he's doing for Americans, what his plans are moving forward, and even trolling the media a little bit as well.

0:50.7

Why is it that the media hates Trump so much, especially when he's willing to do

0:55.1

these types of interviews, answer virtually any question? We're going to play some of it for you,

1:01.1

and you'll hear directly from President Donald Trump. It's the 47 morning update, and it starts right now.

1:07.3

Story number one. Donald Trump sitting down with NBC News, having a very blunt and honest conversation

1:13.5

focusing on all of the substantive changes that we've had during the Trump administration.

1:19.7

He talked about American confidence, number one, saying that he has strong confidence on

1:25.4

interest rates, which are going to help all Americans.

1:28.5

Trump said there is, quote, not much doubt that the U.S. interest rates will be lowered by the Federal Reserve,

1:35.4

signaling much more favorable borrowing costs ahead for consumers.

1:40.0

That is something that the markets and many business owners, he said, are welcoming.

...

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