Transcript of “Face the Nation” on February 22, 2026

On “Face the Nation,” host Margaret Brennan discussed the Supreme Court’s decision to strike down President Trump’s emergency tariffs, leading him to announce a new 15% global tariff. U.S. Trade Representative Jamieson Greer explained the limitations of tariff authority following the ruling, while European Central Bank President Christine Lagarde addressed the global economic impact. Iranian Foreign Minister Abbas Araghchi provided updates on rising tensions and protests in Iran amid U.S. military buildup. A bipartisan group of governors also discussed the effects of trade and immigration policies on state economies.