President Trump makes an announcement on American nuclear innovation — 7/24/2026

Summary

President Trump holds a press conference celebrating American nuclear innovation, highlighting four private companies that recently achieved reactor criticality. Energy Secretary Chris Wright promotes nuclear as the true green energy and details the administration's energy dominance policies, which also support coal and LNG while halting wind approvals. Other topics include Iran negotiations, Venezuelan oil flows, and defense of tariffs.

• Trump and officials announce four private companies achieved nuclear reactor criticality under administration executive orders.
• Energy Secretary Chris Wright advises investors to choose nuclear over wind or solar for green energy exposure.
• The administration kept open 35 GW of coal capacity and expects coal to remain the top global electricity source.
• Wind energy is criticized as unreliable and expensive; new wind farm approvals have been effectively halted.
• U.S. LNG exports have displaced two-thirds of Russian natural gas to Europe since the export ban was lifted.
• Trump states Iran’s military capabilities are significantly degraded and negotiations are ongoing.
• Venezuelan oil output is surging, with crude flowing to U.S. refineries and lowering domestic gasoline prices.
• Trump defends tariff policies as attracting $19.2 trillion in investments, far exceeding the prior administration.