Sen. Shelley Moore Capito on the Iran war latest, DHS funding battle and midterm elections

Watch on YouTube ↗  |  April 16, 2026 at 15:06  |  9:43  |  CNBC
Speakers
Shelley Moore Capito — Republican Policy Committee Chair

Summary

Senator Shelley Moore Capito joins Squawk Box to discuss the Iran war, DHS funding battle, and midterm elections. She expresses optimism about de-escalation with Iran, which could impact oil prices, and outlines Republican strategies on border security and economic issues affecting voters.

  • Senator Capito views Iran as weakened and sees positive developments from blockades and negotiations.
  • She discusses DHS funding and supports a 'skinny bill' to fund ICE and border patrol.
  • She connects economic concerns like gas and food prices to midterm election outcomes.
  • She predicts Republicans will retain Senate majority due to pocketbook issues.
  • She mentions working on permitting reform to boost economic growth.
  • She highlights the Working Families Tax Cut but notes economic stagnation.
Trade Ideas
Shelley Moore Capito Republican Policy Committee Chair 1:14
Iran de-escalation may lower oil prices.
Senator Capito believes the Iran conflict is de-escalating due to successful blockades of the Strait and upcoming negotiations, reducing geopolitical risk and potential pressure on oil prices.
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This CNBC video, published April 16, 2026, features Shelley Moore Capito discussing WTI. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Shelley Moore Capito  · Tickers: WTI