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On tape: Adam Schiff asks Pam Bondi if she'll investigate Jack Smith after Donald Trump said Smith should go to jail On tape: Jimmy Kimmel jokes Trump faces new Wall Street acronym NACHO after TACO, as Iran strikes are weighed Trump's push to redraw House maps backfired in most states, results show On tape: J.D. Ford declares victory in his congressional race, leading with 51% of the vote On tape: Jamie Raskin ties Jared Kushner's business partners to Donald Trump ending the Iran nuclear deal and going to war Texas Sen.-elect James Talarico joins SNL cold open days after midterm win Sotomayor says she hopes the Supreme Court will overturn its presidential immunity ruling Trump called the Iran war gas spike a 'glitch' in March. Now he says it cost the midterms Pirro's office leads criminal probe of 2022 Dobbs leak as five-year legal clock runs down U.S. aircraft disables cargo ship in Gulf of Oman, citing Iran blockade On tape: Adam Schiff asks Pam Bondi if she'll investigate Jack Smith after Donald Trump said Smith should go to jail On tape: Jimmy Kimmel jokes Trump faces new Wall Street acronym NACHO after TACO, as Iran strikes are weighed Trump's push to redraw House maps backfired in most states, results show On tape: J.D. Ford declares victory in his congressional race, leading with 51% of the vote On tape: Jamie Raskin ties Jared Kushner's business partners to Donald Trump ending the Iran nuclear deal and going to war Texas Sen.-elect James Talarico joins SNL cold open days after midterm win Sotomayor says she hopes the Supreme Court will overturn its presidential immunity ruling Trump called the Iran war gas spike a 'glitch' in March. Now he says it cost the midterms Pirro's office leads criminal probe of 2022 Dobbs leak as five-year legal clock runs down U.S. aircraft disables cargo ship in Gulf of Oman, citing Iran blockade

Channel GOP · Clip · Sunday, November 8, 2026

Jimmy Kimmel jokes Trump faces new Wall Street acronym NACHO after TACO, as Iran strikes are weighed

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Now playing on All Clips Jimmy Kimmel jokes Trump faces new Wall Street acronym NACHO after TACO, as Iran strikes are weighed Jimmy Kimmel Watch on Instagram · Transcript & source

On Jimmy Kimmel Live, Jimmy Kimmel riffs on the news that President Trump was briefed on options for more strikes on Iran as talks stalled. The bit plays on the Wall Street acronym TACO, "Trump Always Chickens Out," and a newer one Kimmel says traders coined: NACHO, "Not A Chance Hormuz Opens."

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Who
Jimmy Kimmel
Where
monologue - Jimmy Kimmel Live
Original footage
Jimmy Kimmel Live · watch the full video from this moment
Length
33 seconds, unedited within the cut
Read the transcript

Today, the president was briefed on options for additional strikes out in Iran. Of course, we've already spent $50 billion bombing them, but this time, the plan's to do it again and expect a different result. Talks have stalled that AI -generated meme of him with a machine gun didn't do the trick, and now the finance guys on Wall Street who came up with the acronym TACO, which is sure for Trump always chickens out, have a new one. It's Nacho, which stands for Not a Chance Hormuz Opens. Taco and Nacho. Even his favorite snacks have turned against him.

Machine transcript of the clip's audio; names are checked, small words may differ.

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