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Trump Gaggles with Press on Air Force One En Route Chippewa Falls, WI, Jun. 5, 2026

June 5, 2026 · The White House · 0:19:13

Embedded from the source channel — never re-uploaded. Watch on YouTube

What happened

President Donald Trump took questions on Air Force One en route to Chippewa Falls, Wisconsin on June 5, 2026. He led with the day’s employment report: “We had incredible job numbers today… far better than even anticipated,” and argued against the market convention that strong numbers signal inflation: “You don’t have to have inflation by having growth. And we have great growth. And that doesn’t mean inflation. In fact, it can be anti-inflation growth.”

Asked whether the Federal Reserve should cut rates, he deferred to the new chairman while restating his preference: “I’m going to let Kevin make that decision. I’d like to see lower interest rates because each point… is $600 [billion].” He added that markets were pricing a cut for the October meeting and “I would like to see that, but I leave that up [to him].” Asked about the Director of National Intelligence vacancy, he said he had “five interviews” underway and praised Bill Pulte, then serving in an acting capacity: “Bill Pulte is very good. He’s very talented. Done a great job at Fannie Mae, Freddie Mac.”

Why it matters

This is the President’s first extended on-camera reaction to a jobs report under Chair Warsh, and it sets the pattern this chronicle tracks on the Economy hub: public deference to the chairman paired with a stated preference for cuts and a dollar figure attached to each point. The DNI answer also dates the interview process that ended with Jay Clayton’s nomination.

Scoreboard watch

The rate-cut preference and the “$600 billion per point” figure are recorded as stated by the President; the October-meeting expectation he cited is checkable against the Federal Reserve’s 2026 record, including the September hike tracked in this chronicle.

Sources: The White House, “President Trump Gaggles with Press on Air Force One En Route Chippewa Falls, WI, Jun. 5, 2026,” Air Force One, June 5, 2026 (official upload, embedded above). All figures and characterizations as stated by the President at the gaggle.