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Deadline: White House

“The status quo continues”

Deadline: White House

Nicolle Wallace, MS NOW

Nicolle Wallace, Politics, Versant, News, Msnbc, Government, The White House, Ms Now, Daily News, Washington Dc

4.56.5K Ratings

🗓️ 17 June 2026

⏱️ 45 minutes

🧾️ Download transcript

Summary

June 17, 2026; 4pm: Nicolle Wallace and friends cover Trump’s pending deal to end the war with Iran. The Memorandum of Understanding, which was released today, says that Iran would be provided with $300 billion for its reconstruction and economic development. The memorandum also says that Iran will maintain the current status quo of its nuclear program – which was the main reason why the U.S. went to war with Iran in the first place.

Transcript

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0:00.0

Hi there, everyone. It's 4 o'clock in the east. Well, Donald Trump has a seemingly

0:09.0

limitless ability to lie to the American people. His latest and possibly most egregious lie is the

0:15.5

attempt to spin his capitulation to Iran as some sort of personal victory and masterclass in negotiating.

0:23.4

Earlier today at a news conference during the G7 summit, Donald Trump was asked about the

0:28.3

pending deal to end his war with Iran, including that it would contain $300 billion,

0:34.4

billion with a B, for rebuilding Iran. Here's how he responded. Watch.

0:39.8

It's been reported that it includes a $300 billion dollar in sports and fund funded by golf

0:45.2

allies. That's false. We just got that memorandum of understanding today, so we'll double check that.

0:55.3

The United States of America undertakes with regional partners to develop a definitive,

1:01.0

mutually agreed plan with at least $300 billion for the reconstruction and economic

1:06.8

development of the Islamic Republic of Iran. Wow. So let's check the tape on what Trump had to say,

1:14.5

and another provision of his deal.

1:26.1

No immediate sanctions relief. That's what he said. But again, here's the memorandum of understanding text.

1:33.6

The United States of America undertakes to terminate all types of sanctions against the Islamic Republic of Iran.

1:42.0

So what about Trump's demand that Iran should never have a nuclear weapon?

1:46.0

Here's what Donald Trump said about that. The Obama deal was one of the dumbest deals I've ever

1:51.0

seen. There was a road to a nuclear weapon. My deal is a wall to a nuclear, you're not going to have it.

1:56.9

It's a wall to a nuclear weapon. A wall?

2:02.6

What kind of wall?

2:04.2

Well, here's what Trump's memorandum of understanding says about it.

2:08.6

Quote, the United States of America and the Islamic Republic of Iran have agreed to resolve the disposition of the stockpile enriched material pursuant to a mechanism

2:19.0

that will be mutually agreed upon pending the final deal. The United States of America and the

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