Vice President JD Vance calls on Federal Reserve to lower interest rates

Vice President JD Vance explains why gas prices remain high due to conflict in the Middle East and discusses the Venezuela oil deal. Vance also urges the Federal Reserve to cut interest rates to help lower borrowing costs.

Elevated energy costs and high borrowing rates are at the center of the political debate. Vice President JD Vance addresses White House reporters on the conflict impacting global oil shipping. Vance defends the administration’s strategic energy policies and strongly urges the Federal Reserve to cut interest rates, arguing that lower rates are essential to help American families afford home mortgages.