During the signing of the memorandum of understanding with Iran, President Trump made his feelings clear. He doesn’t want to preside over an economic catastrophe the likes of which President Herbert Hoover did. Trump signed the agreement at Versailles, to cheers of “Bravo” from French President Emmanuel Macron, who sat by Trump’s side.
Trump made the comments about Hoover afterward at a G7 press conference, in which he explained “The one thing I didn’t want to see is economic catastrophe.”
President Trump on the “Late Great Herbert Hoover,” the stock market, and why he pushed for a deal with Iran.
🔸 “The one president I did not want to be was the late, great Herbert Hoover.”
🔸 “The one thing I didn’t want to see is economic catastrophe.”
🔸 “Every time we… pic.twitter.com/rFP5F4JapA
— Drop Site (@DropSiteNews) June 17, 2026
