Top five takeaways from Trump's interview with CNBC

• Trump announced a 'concept of a deal' with NATO on Greenland involving Arctic security, mineral rights, and the 'Golden Dome,' with European tariffs suspended; he said the framework will last 'forever'
• The president confirmed he has likely selected the next Fed chair to replace Jerome Powell (whose term ends in May), narrowing candidates to 'maybe one' in his mind from an initial field including Kevin Warsh and Christopher Waller
• Trump doubled down on his proposal to cap credit card interest rates at 10% for one year, calling current 28% rates too high and noting even Senator Elizabeth Warren 'was very happy' with the plan

Summary: Trump's CNBC Interview at Davos - Key Takeaways

President Donald Trump spoke with CNBC at the World Economic Forum in Davos, Switzerland on January 21, 2026, addressing multiple policy priorities and market-relevant issues.

Greenland Deal Framework

Trump announced a "concept of a deal" with NATO Secretary General Mark Rutte regarding Greenland, involving Arctic security cooperation and mineral rights sharing. Previously announced tariffs on European countries opposing U.S. involvement in Greenland will not take effect. Trump stated the framework will last "forever."

Federal Reserve Chair Selection

The president indicated he has narrowed down his choice for the next Fed chair, stating "we're down to maybe one, in my mind." Candidates reportedly include former Fed Governor Kevin Warsh, current Governor Christopher Waller, Kevin Hassett, and BlackRock's Rick Rieder. Current Chair Jerome Powell's term ends in May and is under Justice Department investigation regarding Fed headquarters renovation costs.

Credit Card Interest Rate Cap

Trump strongly endorsed his proposal to cap credit card interest rates at 10% for one year, calling current rates of 28% excessive and contributing to personal bankruptcies. He noted Senator Elizabeth Warren supported the idea, though JPMorgan CEO Jamie Dimon opposed it at Davos.

Iran Policy

Trump expressed hope for no further military action in Iran following protests, though declined to rule it out. He launched airstrikes targeting Iran's nuclear program in June and continues demanding Iran "stop with the nuclear."

Housing Market Intervention

Trump defended his executive order blocking institutional investors from purchasing single-family homes, aligning with some Democratic proposals to reduce Wall Street competition with individual homebuyers.

These affordability-focused initiatives come as Trump faces lower approval ratings on economic handling.