President Trump signs the Secure America Act — 6/10/2026
Speakers
Donald Trump
— President of the United States
Summary
President Trump signs the Secure America Act to fully fund Homeland Security, then takes questions on Iran strikes, oil prices, record stock markets, AI, and Fannie Mae. He asserts that oil prices will crash after the Iran conflict ends and that Fannie Mae/Freddie Mac could be worth $1 trillion.
- Trump signs the Secure America Act funding DHS through the end of his term
- Claims U.S. military operations suppressed oil prices; predicts sharp drop post-conflict
- Notes S&P 500 at 7,000 and Dow at 50,000, hitting all-time highs
- Says Fannie Mae and Freddie Mac value has soared and could reach $1 trillion
- Hints at government taking equity stakes in AI companies to benefit the public
- Threatens not to renew USMCA, arguing the U.S. doesn't need Canada or Mexico
- States inflation will "come down like a rock" when the Iran conflict ends
Ideas
Fannie Mae could be $1 trillion
Trump states that the value of Fannie Mae and Freddie Mac has increased dramatically since he took charge, having rejected a buyout offer for 10% of today's worth. He claims they could be worth $1 trillion, implying massive upside from current levels.
Oil crash once Iran conflict ends
Trump says the U.S. has been taking millions of barrels of oil from Venezuela and Iran during the conflict, keeping prices artificially low at $85 instead of $250. He predicts that once the Iran military operation ends, oil will drop sharply back to pre-conflict levels, with gasoline returning to $1.85 per gallon.
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This CNBC video, published June 10, 2026, features Donald Trump discussing FNMA, FMCC, WTI. 2 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Donald Trump · Tickers: FNMA, FMCC, WTI