President Trump and EPA Administrator Lee Zeldin make an announcement — 5/21/2026

Watch on YouTube ↗  |  May 21, 2026 at 16:52  |  49:01  |  CNBC

Summary

President Trump and EPA Administrator Lee Zeldin announce the termination of Biden-era refrigerant and air conditioner regulations to lower costs. The event features grocery chain executives praising the deregulation for reducing capital expenses and preserving jobs. The discussion also covers tariffs, Iran, birthright citizenship, and other political topics.

  • Trump announces termination of Biden's technology transition and emissions rules for refrigerants and AC units.
  • EPA Administrator Lee Zeldin says the rules cost families $2.4 billion annually and threatened 350,000 jobs.
  • Kroger CEO and other grocery executives support the rollback, citing reduced capital and operating costs.
  • Trump claims the deregulation will lower grocery prices and prevent store closures.
  • Trump says the stock market is at all-time highs and job numbers are record-high.
  • Trump discusses the Iran nuclear negotiations and Strait of Hormuz blockade.
  • Trump criticizes the Supreme Court's tariff ruling and birthright citizenship case.
  • Trump addresses AI executive order postponement and other domestic policy topics.
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