Administration of Donald J. Trump, 2026
September 27, 2026
Hello, everybody.
So I'm going to the Chicago area where they have the Presidents Cup, and they were nice enough to name me chairman or honorary chairman, so it's an honor. It's a very big event, one of the biggest events in golf by far. You have the Ryder Cup, and you have the Presidents Cup, and this is a big one. And so it's a great honor.
So I'm going there. I'll be there for a while. Some of you are coming with me, and we'll have a lot of fun.
We have the best employment numbers—just came out—in the history of our country. More people working today than at any time ever before.
We have the best, I guess you could say, poverty. They talk poverty. We have the best poverty numbers ever in the history of our country. In other words, there's less poverty now than at any time in the history of our country.
And we have the best income numbers per individual in the history of our country. People are making more money than they've ever made before.
With all of that, oil will come dropping down. As soon as Iran gives up, as soon as the war is over, which will be soon, oil is going to come plummeting down. And all prices are coming down, but prices for groceries have come way down from Biden. Almost every price has come way down. And remember one thing: Oil is less expensive now than it was under the Biden administration.
But, with all of that being said, we're taking tremendous amounts of oil out. Last night we took a record amount of oil out from the Hormuz Strait, more than we took out before the war.
Thank you very much.
NOTE: The President spoke at 8:34 a.m. on the South Lawn at the White House prior to boarding Marine One.
Categories: Interviews With the News Media : Exchanges with reporters, White House. Locations: Washington, DC.
Names: Biden, Joseph R., Jr.
Subjects: Golf; Household income and wages; Iran, commercial transit through Strait of Hormuz; News media, Presidential interviews; Oil markets and prices; Poverty reduction efforts.
DCPD Number: DCPD202600645.