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Squawk on the Street

SOTS 2nd Hour: Trump at NATO, Day 2 of Powell Testimony

Squawk on the Street

CNBC

Investing, News, Business

4.1567 Ratings

🗓️ 25 June 2025

⏱️ 64 minutes

🧾️ Download transcript

Summary

Top of the hour: fresh comments from President Trump at 2025’s NATO summit – spanning Israel-Iran, Ukraine, and even Fed Chair Powell. David Faber and Sara Eisen broke down key takeaways and why he thinks Powell is a “very stupid person”, as the Fed Chair takes the hot seat for a 2nd day of questions with for his Semiannual Monetary report… Today before the Senate Banking Committee. Squawk on the Street Disclaimer

Transcript

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0:00.0

Tremendous things have been accomplished, as you probably noticed.

0:07.0

Listen to a lot of wonderful speeches from the heads of a lot of wonderful countries.

0:14.0

But I want to thank you for joining us at the conclusion of a highly productive NATO summit in the Netherlands. I want to thank them for

0:23.1

the royal treatment they've given us. Couldn't have been nicer. And it's a beautiful country,

0:30.6

really a beautiful country. Coming in, I saw the most beautiful trees. In fact, I want to bring

0:35.4

some back with me. I want to bring some back with me.

0:44.3

I want to also thank I had breakfast this morning with the king and queen and they're incredible people.

0:51.3

I called, I said, you're central casting. Beautiful people, great people, big beautiful heart.

0:59.5

And I enjoyed that. And also, NATO Secretary General Mark Rota,

1:04.8

who's been terrific. He's been a friend of mine. He used to be right here running this wonderful country. Now, he's the NATO Secretary General is doing a fantastic job and the

1:10.8

Prime Minister. We appreciate

1:12.2

everything you've done. And as you know, last weekend, the United States successfully carried out a

1:17.1

massive precision strike on Iran's nuclear enrichment facilities. And it was very, very successful.

1:27.6

It was called obliteration.

1:29.7

No other military on earth could have done it, and now this incredible exercise of American

1:35.3

strength has paved the way for peace with the historic ceasefire agreement late Monday,

1:41.9

and we call it the 12-day war.

1:46.0

I spoke to a few people. I guess that just sounded like the right name.

1:48.0

It was a 12-day war.

1:50.0

And we think it's over.

1:53.0

I don't think they're going to be going back at each other.

1:55.0

I don't think so.

...

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