President Trump: I'm pleased to be joined today by EPA Administrator Lee Zeldin to announce the single largest deregulatory action in American history. Under the process just completed by the EPA, we are officially terminating the so-called 'Endangerment Finding', a disastrous Obama-era policy that severely damaged the American auto industry, and massively drove up prices for the American consumers. Prices went up incredibly for a worse product. This action will eliminate over 1.3 trillion dollars of regulatory costs, and help bring car prices tumbling down dramatically.

President Trump: In 2009, Barack Hussein Obama, his EPA, designated fossil fuels such as oil, gas, and other things that actually make factories rock and roll, and other things drive very nicely, as a threat to health and human welfare. Known as the 'Endangerment Finding', this determination had no basis in fact, had none whatsoever, and it had no basis in law…and yet, this radical rule became the legal foundation for the 'Green New Scam', one of the greatest scams in history, probably as great, maybe even greater than 'Russia, Russia, Russia' hoax, et cetera, which the Obama and Biden administration used to destroy countless jobs; the jobs have been just decimated, although they're all coming back because of tariffs.

President Trump: The 'Endangerment Finding' was also used to impose a massive and, really very expensive, electric vehicle mandate. Expensive in the sense that nobody wanted it. Everybody was going to be forced to buy an electric car in a very short period of time, even though you can't power the car, because we would have had to spend five trillion dollars on power stations. That's all dead. Gone. Over.

Administrator Zeldin: To re-cap, the 2009 Obama EPA Endangerment Finding, and all greenhouse gas emission standards on light, medium, and heavy-duty vehicles that followed, is eliminated. American families now will save over twenty-four hundred dollars for a new vehicle.

President Trump: We have to make a deal [with Iran], otherwise it's going to be very traumatic. Very traumatic. I don't want that to happen, but we have to make a deal. They should have made a deal the first time, and they got Midnight Hammer instead. And this will be very traumatic for Iran if they don't make a deal. Look, if they don't make a deal, then it'll be a different story.