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Hakeem Jeffries: “Gas prices have skyrocketed as a direct result of Donald…”

Featuring: Hakeem Jeffries, Democratic | U.S. House New York, 8th Congressional District

Leader Jeffries Joins CNBC's Squawk Box

Published April 15, 2026 | Video Starts at 01:39

The nuclear material still remains in Iran's possession. And so that so called objective hasn't been accomplished. And Iran now controls the Strait of Hormuz. And as a result, Gas prices have skyrocketed as a direct result of Donald Trump's reckless war of choice. Mr. Speaker, Mr. Leader, I must call you. Speaker might be rushing things. I know what your, what your, what your plans are in November. That was classic Freudian slip. (01:39–01:47)

CLAIM

Asserts that gas prices have increased due to Trump's actions.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Hakeem Jeffries

“Iran now controls the Strait of Hormuz.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 01:36-01:40
“Donald Trump's policies, including his one big ugly bill, enacted the largest cut to Medicaid in American history.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 05:51-06:04
“The refusal to extend the Affordable Care Act tax credits have increased health insurance premiums for more than 20 million Americans…”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 06:07-06:17
“Donald Trump has gotten us into this costly, reckless war of choice with no plan, no clear objectives.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 00:43-00:52
“We've been spending billions of dollars dropping bombs in the Middle East.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 00:59-01:05
“No regime change, which the Trump administration argued was an objective, that hasn't been accomplished.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 01:21-01:29
“The nuclear material still remains in Iran's possession.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 01:28-01:33
“Donald Trump never came to Congress to get [the war] authorized in the first place.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 03:39-03:45
“The administration has presented no evidence, zero evidence, privately or publicly, that there was an imminent threat to the United States…”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 03:52-04:04
“There was no threat, that Iran was actually close to nuclear breakout or had demonstrated the intention to take steps to get to nuclear…”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 04:04-04:14
“Gas prices are now more than $4 a gallon across the country.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 05:42-05:48
“The Trump tariffs have made life more expensive for the American people.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 06:03-06:08
“Donald Trump has continued to put forward an uncertain, unstable public policy environment.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 06:33-06:40
“Gas prices are going to continue to go in the wrong direction for the American people.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 07:50-07:55
“The president himself just acknowledged yesterday that by the end of the year, gas prices may actually be right where they are right now…”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 07:54-08:06
“This president has been more focused on posting Deraine's messages on Easter Sunday, then attacking the Pope, of all people, and then…”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 08:38-08:55
“Corporate leaders are incredibly concerned with the instability and the uncertainty that Donald Trump and Republican policies have created.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 10:23-10:35
“Republican colleagues provided massive tax breaks to their billionaire donors.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 10:56-11:26
“The investor class is doing well. The problem is the working class is not.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 11:23-11:29
“Donald Trump promised to focus on making life more affordable for working class Americans.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 11:28-11:35
“Job creation under the Trump administration has been incredibly shaky.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 13:09-13:14
“Housing costs are up, utility bills are up, health insurance premiums are up, child care costs are up, gas prices are up.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 13:32-13:42
“The cost of goods and groceries are up as a direct result of the Trump tariffs.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 13:46-13:59
“Life has gotten worse. And that's a big problem for the American people.”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 14:03-14:08
“[The current situation is] not what's going on in the United States of America right now as a result of the extreme policies that Donald…”
Leader Jeffries Joins CNBC's Squawk Box | Uploaded April 15, 2026 | 14:17-14:26