Trump at FII Priority Summit: Crypto Push, Ukraine War, Saudi Deal & Future DOGE Plans with Musk

2 days ago

Trump At FII PRIORITY Summit in Miami Beach, declared his commitment to making the United States the "crypto capital." He claimed his executive orders ended the Biden administration's "war on Bitcoin" and boosted investment in digital assets. Trump also highlighted his efforts to maintain US leadership in artificial intelligence and crypto innovation.

#Trump #CryptoCapital #Bitcoin #FiiPrioritySummit #Blockchain #DigitalAssets #CryptoNews #AI #BitcoinNews #BreakingNews

~PR.274~ED.102~GR.122~HT.318~

Transcript

00:00:00Thank you very much.

00:00:01What a great group this is.

00:00:04You have to see outside.

00:00:05It's going wild outside with a lot of love for

00:00:07all of us, I guess.

00:00:09But thank you, Richard, for the introduction.

00:00:11And thank you to all for such a warm welcome.

00:00:15It's great to be back in beautiful Miami, where

00:00:18I've actually built a lot of great buildings with

00:00:20the Deser family and some others.

00:00:22We've had tremendous success in Miami.

00:00:24We have Trump Towers and Sunny Isles Beach.

00:00:28It's four beautiful buildings right on the

00:00:30ocean.

00:00:31The Trump Grande.

00:00:33Put the little E in the end for a little class it

00:00:36up a little bit.

00:00:36Trump Grande and the 700-acre Doral.

00:00:42It's a tremendous country club, and it's actually

00:00:45the most successful country club in the U.S.,

00:00:48where I was just given approval to build 1,500

00:00:51units.

00:00:52And I couldn't care less about building units when

00:00:54your president, who the hell wants to build

00:00:55units.

00:00:56I've been building units all my life.

00:00:59I don't want to build units, but they gave us

00:01:01permission to do it.

00:01:03But today is a tremendous honor.

00:01:06I've become the first American president to

00:01:08address the Future Investment Initiative

00:01:11Institute.

00:01:11That's the first one.

00:01:12That's very good.

00:01:13It's always nice.

00:01:14And I want to thank Mayor of Miami, Francis Suarez,

00:01:23for being here.

00:01:24Thank you very much, Francis.

00:01:25Wherever you may be.

00:01:26Hi, Francis.

00:01:27And thank you for the endorsement when I ran.

00:01:31I was very appreciative.

00:01:33Along with the Mayor of Miami Beach, Steven Miner.

00:01:36Steven, thank you very much.

00:01:39Thank you, Steven.

00:01:41Thank you very much.

00:01:43And numerous American business leaders, some of

00:01:45the biggest business leaders, actually,

00:01:47anywhere in the world, and many distinguished guests

00:01:50from the Middle East, and in particular, the Kingdom

00:01:53of Saudi Arabia, a special place with special

00:01:55leaders.

00:01:56And including FII Institute Chairman and

00:02:06Governor of the Public Investment Fund, which is a

00:02:08seriously big fund.

00:02:10Yasser, I see you there.

00:02:11Stand up, Yasser.

00:02:13Everyone knows Yasser.

00:02:17Great guy.

00:02:18Great, great person.

00:02:20And finance, Minister Mohammed, thank you very

00:02:22much.

00:02:24Right.

00:02:24Thank you very much.

00:02:26Good to see you again.

00:02:28That's a pretty good finance minister of that

00:02:30part of the world.

00:02:30That's not bad.

00:02:32Other parts of the world, not so good.

00:02:34But that one is good.

00:02:36And many other senior government leaders.

00:02:38I also want to recognize the Kingdom's Ambassador

00:02:41to the United States, Her Royal Highness, Princess

00:02:43Rima.

00:02:44Ooh, very popular.

00:02:46Very popular.

00:02:50Wow.

00:02:53That's very nice.

00:02:55Sitting next to Ilan.

00:02:58Wow, that's — you couldn't do better than

00:03:00that, huh?

00:03:01As well as my own special envoy to the Middle East,

00:03:07who's really done a fantastic job.

00:03:09Steve Witkoff.

00:03:10Thank you, Steve.

00:03:11He's been busy.

00:03:14And Michael Waltz is here.

00:03:16Where is Michael?

00:03:17Michael has been so busy.

00:03:18They've been going back and forth and back.

00:03:20And a woman who has just voted the most powerful

00:03:25woman anywhere in the world — no, I'll go with

00:03:28— I'm going to go with Princess Rima.

00:03:30But she was voted the most powerful woman

00:03:33anywhere in the world.

00:03:34Susie Wiles.

00:03:36Most powerful woman.

00:03:38That's pretty good.

00:03:41We have to talk to you about that, Susie.

00:03:43That's pretty good.

00:03:44And also, we all know Jared Kushner, a very

00:03:47special guy.

00:03:48Thank you, Jared.

00:03:51Thank you, Jared.

00:03:53And Elon Musk.

00:03:55He's been making a little news lately, hasn't he,

00:03:57though?

00:03:57Very positive news.

00:03:58Stand up, Elon.

00:04:00He's a great guy.

00:04:01We did a little show last night.

00:04:08I heard they got very good ratings, too, by the way.

00:04:10We did.

00:04:11Hannity.

00:04:12Sean Hannity is fantastic.

00:04:14A fantastic man.

00:04:15A fantastic guy.

00:04:16And he did a show, and it was great being on the

00:04:19show with you last night.

00:04:21I come today with a simple message for business

00:04:23leaders from all across the nation and all around

00:04:26the world.

00:04:26If you want to build the future, push boundaries,

00:04:30unleash breakthroughs, transform industries, and

00:04:33make a fortune — because you want to make a

00:04:35fortune.

00:04:36Most of you have already made a fortune.

00:04:37I don't want to say that.

00:04:39There's no better place on Earth than the current

00:04:43and future United States of America, under a

00:04:46certain President named Donald J. Trump.

00:04:48I think that we're going to do very well.

00:04:50They're saying that November 5th, Election Day,

00:04:572024, will go down as one of the most important

00:05:00days in the history of our country.

00:05:01They said, in 129 years, the most consequential

00:05:06election.

00:05:07I don't know if they're right about that or not,

00:05:09but it sounds good.

00:05:11I wanted to see if I could get a couple of more

00:05:12years tacked on, but I figured the fight wasn't

00:05:14really worth it.

00:05:15One hundred and twenty-nine is a lot.

00:05:17And as of January 20th, 2025, the dark days of

00:05:21high taxes, crushing regulations, rampant

00:05:24inflation, flagrant corruption, government

00:05:27weaponization — oh, I know about weaponization

00:05:30— and total incompetence will be gone forever.

00:05:34They'll be gone forever.

00:05:35Because the United States is back and open for

00:05:40business, and the Golden Age of America has

00:05:43officially begun.

00:05:44You see it happening.

00:05:45Since my election, America's economic

00:05:50engines have come roaring back to life in just a

00:05:53very short period of time.

00:05:54Think of it.

00:05:55From November 5th, the progress that's been made

00:05:58has been amazing.

00:06:00The NASDAQ is up nearly 10 percent in just a few

00:06:03months, and that's a lot.

00:06:07The Dow Jones Industrial Average is up 2,200 points.

00:06:11And Bitcoin has set multiple all-time record

00:06:14highs because everyone knows that I'm committed

00:06:16to making America the crypto capital.

00:06:18We want to stay — we want to stay at the forefront

00:06:22of everything.

00:06:22And one of them is crypto.

00:06:25And Miami seems to be the center of the action, come

00:06:28to think of it.

00:06:30And maybe it'll stay there.

00:06:32Business optimism skyrocketed 42 points.

00:06:35Think of that in a single month.

00:06:37That's not the most in history, by far.

00:06:39That's the biggest increase in history by

00:06:41not even close.

00:06:43The ISM Index of Manufacturing Activity

00:06:46surged into positive territory for the first

00:06:49time in many years.

00:06:52Amazing.

00:06:53And it was just announced — this is an interesting

00:06:55one.

00:06:56I didn't realize it was that bad for so long, but

00:06:58it was just announced by one of the nation's most

00:07:00historically accurate and respected pollsters,

00:07:03Rasmussen, that the number of Americans who

00:07:06believe our country is on the right track now

00:07:08exceeds those who think it's heading in the wrong

00:07:11direction for the first time in 20 years.

00:07:14Can you believe that?

00:07:15Twenty years.

00:07:16And this is really a seismic 27-point swing

00:07:23from just before the election.

00:07:24That's — nobody has ever seen anything like

00:07:26that one.

00:07:27Yes, sir, I want to tell you.

00:07:28That's a big one.

00:07:30The best and most successful business

00:07:32leaders on Earth are now racing to invest in the

00:07:34United States.

00:07:35Since November, DMACC has announced plans to

00:07:39invest $40 billion in the U.S., creating at least

00:07:4210,000 jobs.

00:07:43SoftBank has announced investments of between

00:07:46$100 and $200 billion, creating at least 100,000

00:07:50American jobs.

00:07:52Oracle and OpenAI and SoftBank are now

00:07:55collectively committing $500 billion to keep the

00:07:58United States on the cutting edge of

00:08:00artificial intelligence.

00:08:02And so many more — I mean, so many companies

00:08:05that want to come to the White House and have a

00:08:07little news conference all the time.

00:08:09I said, why don't you just announce it?

00:08:12But they want to come, and I'll do that.

00:08:13I don't mind doing that.

00:08:14I say, anytime they want to go $10 billion or more,

00:08:17I'm there.

00:08:18$10 billion or more.

00:08:21But on his recent visit to the White House, the

00:08:25Prime Minister of Japan announced he anticipates

00:08:29Japanese investment in the United States of well

00:08:31over a trillion dollars.

00:08:32And we're working on an Alaska pipeline already,

00:08:35which is the closest point to Asia.

00:08:38And, as you know, the ANWR, which we've

00:08:42started — Ronald Reagan couldn't get it approved.

00:08:44Nobody could get it approved for so many

00:08:46years.

00:08:47Couldn't get it approved.

00:08:47I got it approved.

00:08:48I actually got it approved twice.

00:08:49I got it approved, and Biden ended it.

00:08:51That was a shocker.

00:08:52But we just got it approved again.

00:08:55And we're going to be — it's probably the largest

00:09:00deposit, maybe, anywhere in the world, just by

00:09:03itself.

00:09:04It's, they say, of similar size to Saudi Arabia, so

00:09:07we hope that's correct.

00:09:08But all of this is only happening because of the

00:09:11world-changing results of the 2024 election.

00:09:16We won the House.

00:09:17We won the Senate, the White House, and the

00:09:20Electoral College, and the popular vote in a

00:09:22landslide.

00:09:23We also won all seven swing states, and all 50

00:09:28states shifted in the Republican direction for

00:09:30the first time ever.

00:09:31So every state, every single state of the 50

00:09:34states shifted Republican.

00:09:37It's never happened before.

00:09:38Either way, it's never happened.

00:09:41And 85 percent of counties voted for Trump.

00:09:44Think of that.

00:09:45So you have 2,600 counties versus 525.

00:09:51Two thousand six hundred.

00:09:53Think of that.

00:09:53That's why, when you look at the election map,

00:09:56after it was all done — the certified map — the

00:09:59whole thing was red.

00:10:01Two thousand six hundred versus five hundred.

00:10:06It's a big, big difference.

00:10:07Nobody has seen anything like it, actually.

00:10:09So, as a result of this, very historic victory.

00:10:12Investors from all over the planet, once again,

00:10:14have confidence in America's future and

00:10:17respect for America's leaders.

00:10:19And it's about time we get a little respect.

00:10:23The last administration was the worst and most

00:10:25incompetent in the history of our country, but we

00:10:28are moving quickly to fix every single disaster Joe

00:10:31Biden created and make America stronger and more

00:10:34prosperous than ever before.

00:10:36Our first and most urgent mission is to remove the

00:10:46criminals that Biden allowed into our country

00:10:48with the ridiculous and very dangerous

00:10:51open borders policy.

00:10:52They came from all over the world.

00:10:55They came from prisons and jails.

00:10:57They came from mental institutions and insane

00:11:01asylums.

00:11:03They were gang members.

00:11:04They were drug lords.

00:11:06They came from all over, and they were allowed to

00:11:08come into our country.

00:11:11And we're getting them out in record levels, just

00:11:16like they came in in record levels.

00:11:17I want to thank Tom Holman and Christy, who was just

00:11:23doing — she's doing a fantastic job.

00:11:25Governor of South Dakota.

00:11:28And Tom Holman, you know, they are doing a fantastic

00:11:32job, and the results are incredible.

00:11:36And every country is taking them back.

00:11:39They're sending their criminals to us, and

00:11:41they're all taking them back.

00:11:42We had a little problem with a couple of them.

00:11:43That ended very quickly.

00:11:46And Kasem said, we don't really want MS-13 back in

00:11:49our country.

00:11:49But I said, congratulations, you're taking

00:11:51them back.

00:11:52And they take them back.

00:11:54And, by the way, Europe and other places ought to

00:11:56start also doing that.

00:11:58They better start looking at immigration, because

00:12:00it's really hurting Europe very, very badly.

00:12:02And they better get smart, and they better get tough

00:12:04before it's too late.

00:12:06We're also working to end the highest inflation in

00:12:08our country's history, all caused because they

00:12:11played with our energy policy and wasted money on

00:12:14the Green New Scam and other things such as that.

00:12:17And they wasted monies at never-seen-before levels.

00:12:22If Joe Biden had simply held federal spending at

00:12:25the pre-pandemic levels we had in 2019, we right

00:12:30now, we would have virtually no inflation.

00:12:34We're trying to balance the budget immediately.

00:12:36And because of the tariff income, which is really

00:12:39gone, it's already turned out to be amazing,

00:12:44actually.

00:12:45It's really meant more for bringing countries and

00:12:49companies into our country.

00:12:51But it's the numbers are rather staggering because

00:12:56we're the big piggy bank that everybody wants to be.

00:12:59And they can play games and they can say, well,

00:13:01there'll be retribution and, you know, equal this

00:13:03and that.

00:13:04But they can't be equal.

00:13:05But we want to keep it so that we're the big piggy

00:13:07bank.

00:13:08And if we had years like we did the last four years,

00:13:10that wouldn't have lasted too long.

00:13:13So we're not promising it.

00:13:16But, you know, all of these things could happen.

00:13:18We hope to balance our budget.

00:13:20So I don't want to promise it because if I do, and

00:13:23we come about $10 short, the fake news media back

00:13:27there would say, we have breaking news.

00:13:29He did not make it.

00:13:30He did not make it.

00:13:33But we'll get it done very soon.

00:13:34It might not be this year, but it could be this year.

00:13:36Actually, we have a chance of getting it even this

00:13:38year, which people would be shocked at because they

00:13:40were talking about 10 years, 15 years, 20 years

00:13:43from now.

00:13:44When I took office last month, we inherited the

00:13:47consequences of inflation.

00:13:49That was more than four times what it was when I

00:13:52left four years ago.

00:13:54Think of that.

00:13:55I left.

00:13:55It was at 1.4 percent.

00:13:58And the annual government spending over $1.5

00:14:02trillion more than projected in 2020 alone.

00:14:05$1.5 trillion.

00:14:07But under the Trump administration, all of

00:14:09that is changing faster and more dramatically than

00:14:12anyone ever thought possible.

00:14:13They didn't think it was possible to do what we've

00:14:15done in just a very short period of time.

00:14:18We've accomplished more in four weeks than most

00:14:20administrations accomplish in four years.

00:14:24On my first day in office, I imposed an

00:14:26immediate federal hiring freeze, a federal

00:14:28regulation freeze, and a foreign aid freeze.

00:14:32I signed an order creating the Department of

00:14:34Government Deficiency and put a man named Elon Musk

00:14:38in charge.

00:14:39Thank you, Elon, for doing it.

00:14:40Thank you very much.

00:14:44And he's doing a great job.

00:14:47I wish you could have seen him last night.

00:14:49It's really, you know, he's a very committed

00:14:51person.

00:14:52He's a very serious person.

00:14:54And he's a very high-IQ people.

00:14:55You know, I like high-IQ people.

00:14:57Not all have to be, but, you know, it'd be nice to

00:14:59have some people up there that he's a seriously

00:15:02high-IQ individual.

00:15:05Now, he's got his faults also, I will tell you

00:15:06that.

00:15:07But not too many of them, which is now really

00:15:11waging war on government waste, fraud, and abuse.

00:15:13And they're curbing inflation and saving

00:15:16taxpayers billions and billions of dollars every

00:15:19single day.

00:15:20And there's even, under consideration, a new

00:15:23concept where we give 20 percent of the doge savings

00:15:26to American citizens, and 20 percent goes to paying

00:15:30down debt.

00:15:30Because the numbers are incredible, Elon.

00:15:33So many billions of dollars.

00:15:35Billions.

00:15:35Hundreds of billions.

00:15:36And we're thinking about giving 20 percent back to

00:15:39the American citizens and 20 percent down to pay

00:15:43back debt and pay down debt.

00:15:44Which is, if you look at value, if it were a real

00:15:47estate balance sheet, the debt is tiny, but we

00:15:51still want to pay it down.

00:15:52It doesn't matter.

00:15:54We don't look at it as a piece of real estate.

00:15:56It's America.

00:15:57We're going to get it down through intelligence,

00:15:59hard work, and, as Elon said, a word called

00:16:02caring.

00:16:03You have to care.

00:16:05By doing this, Americans will tell us where there

00:16:08is waste.

00:16:09They'll be reporting it themselves.

00:16:11They participate in the process of saving money.

00:16:14So many of the men and women in this room, as an

00:16:17example, they pay tremendous amounts of

00:16:19taxes.

00:16:20And here are just a few examples of where your

00:16:23money was going before I came along.

00:16:26These are just some of the — just taken at random.

00:16:28Oh, there are much worse examples than this.

00:16:31I was just looking at them before the speech, and I

00:16:33can tell you they were much worse.

00:16:35And there are some that are horrible, but I don't

00:16:38want to really say them because they're very,

00:16:41very embarrassing to people.

00:16:45Very, very embarrassing.

00:16:47And they're really something.

00:16:49But you'll be seeing it and you will be reading

00:16:51about it.

00:16:52But just some taken at random.

00:16:54Two million dollars for sex change operations in

00:16:57Guatemala.

00:16:59Twenty million dollars for Sesame Street performances

00:17:03in Iraq.

00:17:03Twenty million.

00:17:04That's a lot of money.

00:17:06You know, I know what it costs to do those things.

00:17:08You get a cast over for 50,000, give them a couple

00:17:12of bucks tip, and that's it.

00:17:14Not 20 million.

00:17:16Twenty million.

00:17:17That's gone with the wind on steroids.

00:17:21A hundred and one million dollars for 29 diversity,

00:17:24equity, and inclusion contracts at the

00:17:26Department of Education.

00:17:28Wow.

00:17:29And we've also canceled — we've canceled all of

00:17:33these, saved all of this money.

00:17:36And again, this is just a small sample.

00:17:38This could go on.

00:17:38I could read them all day.

00:17:40Five hundred and twenty million dollars for a

00:17:43consultant — I want to know who is that

00:17:45consultant — to do ESG.

00:17:49That's Environmental, Social, and Governance

00:17:52Investments in Africa.

00:17:54Twenty-five million dollars to promote

00:17:56biodiversity conservation and elicit livelihoods by

00:18:00developing socially responsible behavior in

00:18:04Colombia.

00:18:05Forty million dollars to improve the social and

00:18:08economic inclusion of sedentary migrants.

00:18:11Nobody knows what that even means.

00:18:12None of this stuff.

00:18:13Nobody — everyone is trying to figure out,

00:18:16what the hell does it all mean?

00:18:18Forty-two million dollars for social and behavior

00:18:21changes in Uganda.

00:18:24Forty million is a lot of newspaper ads in Uganda.

00:18:28Seventy million dollars for research of evidence-based

00:18:31solutions for development challenges.

00:18:34Ten million dollars for Mozambique medical male

00:18:37circumcision.

00:18:38What does that — what does that mean?

00:18:46Two-point-three million dollars for strengthening

00:18:48independent voices in Cambodia.

00:18:51Fourteen million dollars for improving public

00:18:53procurement in Serbia.

00:18:56Four hundred and eighty-six million dollars to

00:18:59the Consortium for Elections and Political

00:19:01Process Strengthening, including $22 million for

00:19:05inclusion — inclusive participatory political

00:19:09process in Moldova.

00:19:12And $21 million for voter turnout in India.

00:19:15What do we need to spend $21 million for voter

00:19:18turnout in India?

00:19:20Wow.

00:19:21Twenty-one million dollars.

00:19:22I guess they were trying to get somebody else

00:19:24elected.

00:19:25Wow.

00:19:25We ought to tell the Indian government, because

00:19:28when we hear that, Russia spent about $2 in our

00:19:31country.

00:19:32It was a big deal, right?

00:19:33They took — they took some Internet ads for $2,000.

00:19:37This is a total breakthrough.

00:19:39Twenty-one million dollars for India elections.

00:19:43Twenty-nine million dollars to strengthen the

00:19:45political landscape in Bangladesh.

00:19:49Twenty million dollars for fiscal federalism.

00:19:51And $19 million, in addition to the $21

00:19:55million, for biodiversity conversion in Nepal.

00:20:01$1.5 million for voter confidence in Liberia.

00:20:05We need voter confidence, too, when you read this

00:20:07list.

00:20:07Fourteen million dollars for social cohesion in

00:20:12Mali.

00:20:14$2.5 million for inclusive democracies in South

00:20:17Africa.

00:20:19Forty-seven million dollars for improving

00:20:21learning outcomes in Asia.

00:20:22Asia is doing very well.

00:20:23We don't need to give them money.

00:20:26And in another program, $50 million plus another

00:20:29$50 million for condoms for Hamas.

00:20:32You know about that?

00:20:34A hundred million dollars for condoms.

00:20:37Condoms.

00:20:37Does everybody know what a condom is?

00:20:40For Hamas.

00:20:41A hundred million dollars.

00:20:45And these are just some — I could read this list

00:20:47all day long.

00:20:48I just don't want to bore you.

00:20:49But these are just some, and not nearly as bad as

00:20:52others.

00:20:52Some are just — I just don't want to say them

00:20:54because they're too — they're too incendiary.

00:20:59We're also finding tremendous abuse, waste,

00:21:01and fraud in Social Security.

00:21:02Social Security is — what's happening there is

00:21:05going to be one of the great potential scandals

00:21:09in history.

00:21:12On the program, there are over 4.7 million Social

00:21:15Security numbers from people from 100 years old

00:21:20to 109.

00:21:21Think of that.

00:21:23Now, over 100 — there aren't a lot of people

00:21:25that make it.

00:21:26Hopefully, most of the people in this room will

00:21:28make it.

00:21:29But, historically, you don't have thousands and

00:21:32thousands of people.

00:21:33But listen to this.

00:21:343.6 million people are on Social Security rolls from

00:21:41the age of 110 years old to 119.

00:21:45Do you think there are really that many?

00:21:48Those people are seriously old.

00:21:52But it gets worse.

00:21:533.47 million — 3.47 million people are on

00:21:59Social Security from the age of 120 years old to

00:22:03129 years old.

00:22:063.9 million people are on the age of Social Security

00:22:12from 130 years old to 139 years old.

00:22:19Now, the all-time record, I heard, is a woman who was

00:22:23100 — she was 127 years old.

00:22:26That's the record.

00:22:28A woman from a certain country, where they have

00:22:31actually people that live pretty long, actually.

00:22:34And she was 127 years old.

00:22:38That's pretty old, but we're topping her by

00:22:40millions.

00:22:41Millions of people.

00:22:433.5 million people from the age 140 to 149 years

00:22:49old.

00:22:501.3 million people are on Social Security from the

00:22:55age 150 to 159.

00:22:59And over 130,000 people are on Social Security over

00:23:04the age of 160 years old, okay?

00:23:08Including 1,000 — oh, 39 people.

00:23:11Think of it — over 1,000 people between the ages of

00:23:15220 to 229.

00:23:19And one person between the age of 240 years old to

00:23:23249.

00:23:25And the record topper, there is one person on

00:23:28Social Security who's 360 years old, which is

00:23:34approximately 110 years older than our country.

00:23:37So, what we're trying to find out, and what we will

00:23:49find out, is are people being paid from all of

00:23:52these, you know?

00:23:53Somebody pocketing $10,000 here, $10,000 there.

00:23:56What's going on?

00:23:57So we'll find that out pretty easily because we

00:23:59have a lot of computer geniuses.

00:24:01I said to Elon, who are these people that are

00:24:04doing this?

00:24:05The Doge people.

00:24:07I said, who are they?

00:24:08Where do they come from?

00:24:09He said, well, number one, they love our country.

00:24:10Number two, they're really genius at computers.

00:24:14So nobody is going to fool them.

00:24:15When they go in, they see some bureaucrat that's

00:24:17scamming the country, and they try and talk about,

00:24:22you know, certain computer language.

00:24:24These people say, no, it doesn't work that way.

00:24:25These are people that are — have a natural ability

00:24:28as — as, you know, brilliant computer people.

00:24:31It was very interesting when he told me that.

00:24:32I said, that's what you need today?

00:24:35But all of these scams have now been terminated.

00:24:37In addition, over the past month, we have

00:24:39effectively eliminated the U.S.

00:24:42Agency for International Development, which was

00:24:45funding much of this lunacy.

00:24:49We virtually shut down the out-of-control CFPB,

00:24:52escorting radical left bureaucrats out of the

00:24:55building and locking the doors behind them.

00:24:58What they were doing was so terrible.

00:25:00Where they were spending their money was so

00:25:02terrible.

00:25:03What we haven't looked at yet, but will be, is,

00:25:05does the money come back to them?

00:25:07Because nobody can be stupid like that.

00:25:09And they're not stupid.

00:25:10They're smart, actually.

00:25:11And, you know, why are they doing that?

00:25:14Does money come back to them?

00:25:15So we'll figure that out pretty easily, I think,

00:25:17and quickly.

00:25:19But I've ended all of the so-called diversity,

00:25:21equity, and inclusion programs across the entire

00:25:24federal government and private sector, and

00:25:27notified every single government DEI officer

00:25:29that their jobs have been deleted.

00:25:31They're all deleted.

00:25:33And it's interesting.

00:25:34Even these country — these companies that have

00:25:38tremendous amounts of money — a number of them

00:25:42just announced — Walmart, if you can believe it.

00:25:45They just announced that they're stopping.

00:25:47And, you know, these companies are writing off

00:25:49like $220 million.

00:25:52How can you spend that much money no matter what

00:25:54you're doing?

00:25:55If you're teaching something, you're going

00:25:56to have an instructor.

00:25:58You're going to talk.

00:25:59You're going to give them a book.

00:26:00Please read the book.

00:26:01You know, and then you find they spent $225

00:26:03million on that.

00:26:04What's going on?

00:26:06And we were going in the wrong way, and our

00:26:08military was really — although, I tell you, you

00:26:11know, we defeated ISIS with our military in three

00:26:15weeks.

00:26:16General Raisin Cain was — he's some general.

00:26:18He's a real general, not a television general.

00:26:21And three weeks, ISIS.

00:26:24And I asked him, and I saw some of his people that

00:26:28were so great — the soldiers.

00:26:29We have the greatest military in the world,

00:26:31but we don't have the greatest top-top

00:26:33leadership.

00:26:34That's why Afghanistan was such a horrible

00:26:36situation and so embarrassing and so many

00:26:39other things.

00:26:40But when we want to, with proper leadership,

00:26:43there's nobody even close to us.

00:26:44We have the best equipment in the world.

00:26:46We make the best equipment in the world.

00:26:48But we have the best military.

00:26:50But, you know, we never fight to win.

00:26:51We fight to just keep it going forever.

00:26:55And when we fight to win, there's nobody that can

00:26:58even come close to us.

00:26:59But I was talking to General Dan Cain — we

00:27:03call him Raisin Cain — and I was told it would

00:27:06take about four years to defeat ISIS.

00:27:09And he did it in three weeks.

00:27:11I said to him, what do you think, General?

00:27:13How long will it take, sir?

00:27:14I think we should do it in less than four weeks.

00:27:18You're going to have time left over.

00:27:19And he did.

00:27:20He did that.

00:27:21And we were told by the television generals it

00:27:23would take four years.

00:27:25So we did it.

00:27:25That's when I went to Iraq.

00:27:26I flew to Iraq.

00:27:28And late at night, the dark of night, all the

00:27:31windows closed, all the lights off in the plane

00:27:34and Air Force One.

00:27:36And we flew in, and it was pretty amazing.

00:27:39I'll tell you.

00:27:40We were landing, and there were no lights — no

00:27:41lights in the plane.

00:27:42Sir, we have to turn off all lights.

00:27:44I said, you mean we spend $9 trillion and we have

00:27:47to fly in and Air Force One with the lights off?

00:27:50And I went up to the pilot, said hello.

00:27:54And, by the way, these guys are like central

00:27:55casting.

00:27:56These are the best-looking human beings.

00:27:58Everybody is, like, perfect.

00:27:59The most handsome people, the best-looking people

00:28:02you've ever seen with the flattops and the whole

00:28:05thing.

00:28:07And I was a little concerned because the

00:28:08lights are off and everything is off.

00:28:10And even the lights in where he was were down

00:28:13very dim — very, very dim — with all of the

00:28:15lights on the fancy dashboards of the plane,

00:28:18of Air Force One.

00:28:19We're getting a new Air Force One if they can

00:28:21ever finish the damn thing.

00:28:22We're getting two of them, actually.

00:28:26But we may have to go a different route because

00:28:27it's taken them a long time.

00:28:29We're going to get military that's going to

00:28:30start building.

00:28:31We're going to get people to start building

00:28:32properly again in our country because they don't

00:28:34build properly.

00:28:35This was Boeing.

00:28:39But we're up there, and I'm looking at these

00:28:43people.

00:28:44And, again, I say, they look like Tom Cruise, but

00:28:47better — stronger, tougher.

00:28:50And I like Tom Cruise, but these are better.

00:28:52And they said — they said, Are we okay, Captain?

00:28:57Yes, sir, we're fine.

00:28:58But I'm looking out.

00:28:59I don't see any lights, and we're landing.

00:29:02And I'm — you know, I'm used to that.

00:29:03I like to sit with the pilots a lot and respect

00:29:05the pilots greatly.

00:29:07And we're up there, and, you know, we have the

00:29:11computer.

00:29:11I call it the computer voice, where it goes

00:29:131,900, 800 — that's feet.

00:29:16Your feet above ground.

00:29:18So that means you're very low.

00:29:19And I'm looking out, and my eyes are pretty good.

00:29:21And I don't see any lights.

00:29:24And the computer goes out.

00:29:25Sounds like an intelligent individual.

00:29:28It goes 1,000.

00:29:31We're 1,000 feet up.

00:29:32That's very — it's a 10-story building.

00:29:34There's a big, big plane.

00:29:36And then it goes 900, 800, 700.

00:29:42I say, Captain — Captain, we don't see any

00:29:48lights.

00:29:49Is everything — yes, sir, everything is fine,

00:29:51sir.

00:29:52We'll be landing in three minutes.

00:29:54And then it goes like 600, 500.

00:30:00Captain, are we okay?

00:30:04And then it goes 400, 300, 200.

00:30:08And I'm saying, man, there's nothing out there.

00:30:14And then it goes, boom, perfect.

00:30:16Landing right on this thing.

00:30:18There are no lights on the runway.

00:30:19There's no — I don't know.

00:30:21How the hell they do it, but I'm sure it's

00:30:23health-led.

00:30:24We had somebody that knows how to fly.

00:30:26But they didn't want to have any lights because

00:30:28they didn't want the enemy.

00:30:29After spending, you know, years and trillions of

00:30:32dollars, we have to land with Air Force One with

00:30:35no lights on the runway.

00:30:37But they were incredible people.

00:30:38And then I got out of the plane and actually asked

00:30:42my people.

00:30:43You know, I said, excuse me, I was very brave

00:30:44sitting in that cockpit.

00:30:46Am I allowed to give myself the Congressional

00:30:48Medal of Honor?

00:30:49And they said, I don't think so, sir.

00:30:53I said, well, I felt I was extremely brave.

00:30:56But now here's the problem with saying a story like

00:30:58that when you're a kid.

00:31:00The press will say, President Donald Trump

00:31:03wanted to give himself the Congressional Medal of

00:31:05Honor.

00:31:06Headlines, you know, headlines all over.

00:31:08The fake news.

00:31:08We call it the fake news, but we're all wise to

00:31:10them.

00:31:11But it was something.

00:31:13And then I went down and it was the same thing.

00:31:15I'm standing on the top and I look down and there's

00:31:18these handsome people.

00:31:20Everybody's like from a movie set.

00:31:22Good looking guys.

00:31:23I get down the stairs and what's your name?

00:31:27My name is Kane, sir.

00:31:29What's your first name?

00:31:30They call me Raisin.

00:31:31I said, wait a minute, your name is Raisin Kane?

00:31:34I love you.

00:31:34I've been looking for you for five years.

00:31:36You are the great.

00:31:37This is what I want.

00:31:38And there was a general next to him.

00:31:40There was a colonel.

00:31:41There was a drill sergeant, a master sergeant.

00:31:44They were all like people.

00:31:45I could make a movie right now and have the best

00:31:46looking people ever.

00:31:48And they were great.

00:31:49And then I went in and, sir, would you like to

00:31:52rest before the bed?

00:31:53No, I don't want to rest.

00:31:54I don't want to rest.

00:31:54I've been resting on the plane other than the last

00:31:57few moments, which were quite harrowing.

00:32:01And I said, I don't want to rest.

00:32:02He was thinking about Biden in advance.

00:32:04You know, Biden would have gone there.

00:32:06He would have rested for days and then they

00:32:10wouldn't have had a meeting.

00:32:11He'd just go home.

00:32:13No, I said, I don't want to rest.

00:32:15I don't want to rest at all.

00:32:16I want to go.

00:32:16So we went into this, like, bunker and we had a

00:32:20lot of very good, talented people.

00:32:22And that's when I asked him.

00:32:23I said, you know, I'm hearing it's going to take

00:32:24a long time.

00:32:25No, that's not right, sir.

00:32:26It's not going to take a long time.

00:32:27We'll have it done in four weeks.

00:32:30I said, how can you say four weeks when in

00:32:32Washington they said four years?

00:32:34He said, four weeks, sir.

00:32:35We'll hit them left.

00:32:36We'll hit them right.

00:32:37We'll hit them up the center.

00:32:38We'll hit them underground and overground.

00:32:40We'll knock the hell out of them, sir.

00:32:42And I said, why is it that they said so long?

00:32:45He said, because they wouldn't let us fight.

00:32:47We're very far away.

00:32:48They want us to fight for this, from this airport.

00:32:52We're very, very far away, sir.

00:32:54And they want us to fight here.

00:32:55We have many substations out.

00:32:57Sub airports, they call them, remote airports,

00:32:59where they build them in the sand.

00:33:00And we have many of them.

00:33:03And I'd use them all, sir.

00:33:06And I would hit them so hard from so many

00:33:08different directions.

00:33:10I said, well, what do you think?

00:33:13He said, you just let me know.

00:33:14And I called him back and I said, go ahead and do it.

00:33:17Are you sure you can do this, General?

00:33:18I said, yes, sir.

00:33:21And he did it, actually, in three weeks.

00:33:22It was over 100 percent of people that are really

00:33:26hurting the Middle East, hurting the world.

00:33:30And it was done.

00:33:31And we have the — I'm telling you, we have the

00:33:32greatest military in the world, but you have to use

00:33:35the right people.

00:33:36But there's nothing like what they were able to do

00:33:39in that case and in other cases, wherever I gave

00:33:41them something.

00:33:42It was done incredibly well and very — and you

00:33:46know many of the instances because it's been

00:33:48well-reported.

00:33:49But we've also required — and so we have a country

00:33:53that's a great country.

00:33:54It's a strong country, but it's a country that's

00:33:57just now gaining its respect back to the

00:33:59levels that it should have never lost.

00:34:02We were being laughed at by the entire world, but

00:34:06we're not being laughed at anymore.

00:34:09But we've also required that all federal employees

00:34:11must once again show up to work.

00:34:14It's a new phenomena, you know, since COVID.

00:34:17Show up to work in person, like the rest of us.

00:34:22So, I mean, it doesn't work when you don't show up.

00:34:25And I see companies now are all going back to it.

00:34:27They're all going back.

00:34:28It's great.

00:34:29I watched some of the big business leaders saying,

00:34:31we absolutely are going back.

00:34:32You can't work at home.

00:34:34They're not working.

00:34:35They're playing tennis, they're playing golf, or

00:34:37they have other jobs.

00:34:39But they're not working, or they're certainly not

00:34:40working hard.

00:34:41You could never build a company or a country with that.

00:34:45So we have a very strong policy, and if they don't

00:34:47show up to work, they get fired.

00:34:50And we're trying to make our government smaller,

00:34:52but much stronger.

00:34:54And we have tremendous bureaucracy, but it's

00:34:56happening.

00:34:57A lot of people are leaving, and in some

00:35:00cases, leaving with pretty good offers.

00:35:01You know, you're paid seven or eight months and

00:35:04go out, find a job.

00:35:05But some of these people had jobs.

00:35:06They were actually working for us, but they also had

00:35:09other jobs.

00:35:09And those people, in theory, they have problems.

00:35:12I don't know if we're going to do anything about

00:35:13that.

00:35:14So we have other things to do.

00:35:15But they were working other jobs instead of

00:35:18working for us.

00:35:19So they were staying home working, but they were

00:35:20working other jobs, getting paid a lot of

00:35:23money, perhaps.

00:35:25We offered deferred resignation buyouts to all

00:35:28federal workers, resulting in more than 75,000

00:35:32bureaucrats voluntarily surrendering their

00:35:34taxpayer-funded jobs.

00:35:36A lot of them are leaving because they don't want to

00:35:38be caught having the second job.

00:35:40Some are leaving because they didn't want to be in

00:35:42government any longer.

00:35:43And some are leaving because they didn't want to

00:35:45show up to work.

00:35:45They wanted to work outside of an office.

00:35:47And that's never going to work for anybody,

00:35:49including companies.

00:35:51Companies ought to get smart.

00:35:52You watch these companies where they do that, they

00:35:55start going bad.

00:35:56Nobody knows what's wrong with this company.

00:35:57We'll try getting the people back into the

00:35:59office where they can be cohesive and together.

00:36:02In less than a single month, the Department of

00:36:05Government Efficiency has already saved over 55

00:36:09— this is just a short period of time — $55

00:36:12billion.

00:36:12And we're just getting started.

00:36:15That's nothing compared to the numbers that you're

00:36:17talking about.

00:36:17Right?

00:36:18We're ending trillions of dollars in waste, and it'll

00:36:25mean much lower inflation, lower interest rates,

00:36:28lower payments on mortgages, credit cards,

00:36:31car loans, and much higher stock markets.

00:36:35I think the stock market is going to be great.

00:36:37In other words, we will rapidly grow our economy

00:36:39by dramatically shrinking the federal government,

00:36:42and we have to do it.

00:36:44I'm also taking fast action to end the

00:36:46radical-left's nation-wrecking crusade

00:36:48against oil and natural gas.

00:36:51Over the past four years, the Biden

00:36:52administration cut the number of new oil leases

00:36:55and gas leases by 95 percent.

00:36:59They slowed new pipeline.

00:37:00I mean, look at the — anyone, Dakota Access,

00:37:05they wanted that one knocked out.

00:37:07The Keystone Pipeline, they wanted that one

00:37:09knocked out.

00:37:10They ended the Keystone.

00:37:11We got the Dakota Access done, but it wasn't easy

00:37:15after they tried to stop it.

00:37:17They slowed new oil and gas pipeline construction

00:37:19to virtually a halt.

00:37:21They shut down 38 percent of active oil and gas

00:37:25rigs in the United States.

00:37:26But they love the wind turbines.

00:37:27They go round and round and round.

00:37:29And if the wind doesn't blow, they got problems.

00:37:31They kill all the birds.

00:37:33They ruin the sightlines.

00:37:34They ruin the plains and the beautiful areas of

00:37:37our country, including the oceans, the lakes.

00:37:41They closed more than 50 power plants, all causing

00:37:44energy prices to skyrocket.

00:37:46You saw that happen.

00:37:47That's what caused inflation.

00:37:48Pretty easy.

00:37:50These policies were so destructive that,

00:37:52despite draining nearly 40 percent of U.S.

00:37:54Strategic Petroleum Reserve, meant for

00:37:57emergencies.

00:37:58It was meant for emergencies.

00:38:00It wasn't meant for getting the price of

00:38:02gasoline down so that you can win an election.

00:38:04It didn't work for winning the election.

00:38:07Actually, there's so many people that are driving

00:38:12that it's a very small number.

00:38:14It just had a very small effect.

00:38:15But in the meantime, it takes it down.

00:38:17It's at now.

00:38:18It's at the low.

00:38:18We'll fill it up fast.

00:38:19But it's at the lowest level.

00:38:21When we made the transition, it was at the

00:38:25lowest level in history ever recorded.

00:38:27It's the lowest level.

00:38:28Nobody has ever seen it that way.

00:38:29They put it all out because they thought they

00:38:31could keep gasoline prices down a little bit,

00:38:34just go past the election.

00:38:36And after that, they didn't care.

00:38:38And it didn't work because they didn't get

00:38:40elected.

00:38:40I got elected.

00:38:41But the price of gasoline still rose over 35 percent.

00:38:44And in some cases, at some periods, it was 100

00:38:47percent and 125 percent during certain periods of

00:38:50time.

00:38:51Under the Trump administration, we have

00:38:53implemented a very different plan.

00:38:57You probably heard of it.

00:38:58It's called Drill, Baby, Drill.

00:39:02And we're doing it.

00:39:04The world runs on low-cost energy and energy

00:39:07producing nations like us have nothing to apologize

00:39:11for.

00:39:12We have more energy than any other nation in the

00:39:14world.

00:39:15And we're going to use it.

00:39:17And we're going to use it on AI plants.

00:39:19I was telling some of the people that came in that,

00:39:23you know, they're very interested.

00:39:24Everybody is talking about AI.

00:39:25I hope you're right.

00:39:26I don't know who knows.

00:39:28But, Ilan, are they right?

00:39:30Are they right in going?

00:39:31They are all in for AI.

00:39:33But the problem is, to do it, just in our country,

00:39:37you need twice the electricity just to open up

00:39:40and be the top of AI.

00:39:42You need twice the electricity that we have

00:39:44right now in the entire country.

00:39:45If you take all of the electricity, you need more

00:39:48than twice.

00:39:49You need twice.

00:39:50You need double what we have right now just to

00:39:52fuel this new industry that's growing.

00:39:55I was amazed when I heard that number, and they all

00:39:58said, how can we do this?

00:39:59Because, you know, in China and various other

00:40:01places, you can probably get it with the shake of a

00:40:05hand.

00:40:06But in our country, you can't.

00:40:07But now you can because we've declared — I'm

00:40:10declaring a national emergency in order to get

00:40:13fast approvals.

00:40:13And we're going to have — if you build a plant,

00:40:16you're able to build an electric-generating

00:40:19facility right next to your plant.

00:40:21So you'll be making your own.

00:40:22You won't have to count on utilities.

00:40:24You won't have to count on an old grid that could

00:40:27fail, could get hit by something — bad things or

00:40:31good things.

00:40:31But you're not going to have to — you're not

00:40:34going to have to worry about grids.

00:40:35You're not going to have to — you'll build your

00:40:36plant and you'll build your — essentially, you'll

00:40:38become a utility, in a way.

00:40:40You can build your own electricity.

00:40:41If you want to build extra and put it out and get

00:40:44paid for that, you're going to be able to do

00:40:46that.

00:40:47You could put it back into the grid, but you're

00:40:48going to be able to build, with your plant, a

00:40:51generating facility.

00:40:53And we're going to get you Lee Zeldin, head of the

00:40:55environment, head of environmental — the

00:40:58environmental group, various groups.

00:41:00And we've got them unified now, but we're going to

00:41:02get you very fast approvals.

00:41:04And they'll be approved so fast, your head will spin.

00:41:07And we're going to get that whole industry

00:41:10started, and we're going to be the head of it.

00:41:12We're leading right now.

00:41:13We have the greatest brainpower.

00:41:14We're leading right now.

00:41:15And I expect that we're going to be leading by a

00:41:18lot.

00:41:18But we're going to get you the energy very, very

00:41:20quickly.

00:41:20That would be the one thing that everybody was

00:41:23concerned.

00:41:24How do we have that much electricity when Los

00:41:25Angeles has blackouts and brownouts right now?

00:41:28And there's a lack of electricity, but we're

00:41:31going to get it at levels never seen before.

00:41:34I ended the ridiculous Green New Scam, halting

00:41:38tens of billions of dollars of wasteful

00:41:40deficit spending.

00:41:42And I withdrew the United States from the unfair,

00:41:44one-sided Paris Climate Accord.

00:41:46And I ended Joe Biden's insane electric vehicle

00:41:50mandate because it was just insane.

00:41:53I repealed the last of it.

00:41:55And, by the way, if you want to buy an electric

00:41:57car, it's great.

00:41:57If you want to buy a gasoline-driven car or a

00:42:00hybrid, it's great.

00:42:02Whatever the thing happens to be, I heard

00:42:06hydrogen's hot.

00:42:07The problem is, when it's not, you're in deep

00:42:09trouble because when that sucker blows up, they

00:42:12don't find the body.

00:42:14So that's one that I said, you know what, let's take

00:42:16a pass on that one.

00:42:17They said it's good.

00:42:18But when it's bad, it's really bad.

00:42:19You find the bodies on trees on the side of a

00:42:21tree.

00:42:22I said, I think we'll pass on that one, right?

00:42:25We're not going to want that one.

00:42:27But you never know.

00:42:27Maybe someday it'll be good.

00:42:29But it doesn't sound like it's off to a good start.

00:42:31I repealed the last administration's very

00:42:34destructive natural gas export ban.

00:42:37And last week, we approved our first new

00:42:40liquefied natural gas export license.

00:42:43And we have literally hundreds of people that

00:42:45want to export.

00:42:47I recently met with the Japanese Prime Minister

00:42:50Shiba to discuss large increases in American oil

00:42:55and gas exports.

00:42:56They want it so badly.

00:42:57They said, we went to the Biden administration.

00:42:59They wouldn't sell it.

00:43:00They wouldn't sell it.

00:43:02Nobody knows why.

00:43:03Biden didn't know why either.

00:43:04They asked him.

00:43:04I don't know.

00:43:06He wanted it.

00:43:07They did.

00:43:08Oh, I didn't know that.

00:43:10But we're going to sell it.

00:43:11And the new project in Alaska is going to feed

00:43:14all of Asia.

00:43:15We're going to take care of all of Asia.

00:43:16We have so much oil and gas, like very few people,

00:43:21like very few countries have, like really, actually

00:43:24no country has.

00:43:24I also met with Prime Minister Modi of India,

00:43:27who wants to greatly expand India's purchase

00:43:29of American energy.

00:43:31And my administration has also launched the most

00:43:34aggressive deregulation program of any nation in

00:43:36history.

00:43:37Under my executive order, for every one new

00:43:40regulation added, 10 old regulations have to be

00:43:43eliminated.

00:43:44And, you know, in our first term, which was

00:43:51actually an incredible success, we had the

00:43:53greatest economy in history until COVID.

00:43:55And even after that, we did great.

00:43:57The stock market was higher.

00:43:59If you think of it, it was higher after the fact.

00:44:02After we went through that whole thing, it was higher

00:44:05than it was just prior to COVID coming in, which is

00:44:09a pretty amazing thing.

00:44:11But we did a great job on that.

00:44:13But it was a terrible thing for the world.

00:44:15The whole world suffered.

00:44:17It suffered terribly, including China, including

00:44:19other countries.

00:44:20It just was a terrible period of time.

00:44:23But despite that, we did well.

00:44:25But we had the greatest economy in the history of

00:44:27our country.

00:44:28And I think this time we're going to do even

00:44:30better.

00:44:30We had we were artificially hurt by COVID.

00:44:34We had to focus on that instead of focusing on.

00:44:36But just prior to COVID coming in, there's never

00:44:38been anything like what we did, what we achieved.

00:44:41And even after we did very well, and especially

00:44:43considering what all of us had to do with COVID,

00:44:46some nations were hit so badly.

00:44:48It was just unbelievable what happened to them.

00:44:51As part of our effort, I've signed executive orders

00:44:55to keep the United States at the forefront of

00:44:57artificial intelligence.

00:44:59And to end Joe Biden's war on Bitcoin and crypto, we

00:45:02ended that war totally.

00:45:03That war is over.

00:45:05They were very hostile toward them until the very

00:45:07end, just because there's so many people on Bitcoin

00:45:10and crypto that just before the end, the SEC

00:45:14came out and they were being very nice.

00:45:16I was so nice to people because so many people

00:45:18were being indicted for no reason whatsoever.

00:45:21Very political group of people.

00:45:23That's all they did was they liked indicting

00:45:25people, but they were being indicted.

00:45:28And many of those indictments were dropped

00:45:30just before the election because they said, wait a

00:45:33minute, there's 100 million, 125 million people

00:45:37using this.

00:45:38And they didn't want to have, you know, all these

00:45:42people being voted against.

00:45:43But by the time they did that, it was too late.

00:45:45We had that vote entirely.

00:45:47I think I think anybody would smart that believed

00:45:50in that.

00:45:51And there are a lot of people believing it.

00:45:52Anybody that was smart voted for Trump and they

00:45:54pulled the indictments.

00:45:55And I see people that were indicted.

00:45:57I said, I saved your life.

00:45:59I saved your life.

00:46:01Because if they thought that they actually thought

00:46:03that I was doing it, they say, why is Trump doing

00:46:06it?

00:46:06Is he doing it for political reasons?

00:46:07I don't do anything for political reasons.

00:46:09I do what's right.

00:46:10I do it.

00:46:11I want to be in the forefront of every

00:46:12industry.

00:46:13So I'll be working with the Republican Congress to

00:46:19pass the largest tax cuts in American history.

00:46:23And that includes, obviously, yeah, that

00:46:26includes we have to extend the Trump tax cuts,

00:46:28which were until now the largest.

00:46:30We're going to dramatically cut taxes for

00:46:33families and for workers and for companies,

00:46:36including no tax on tips and hopefully no tax on

00:46:38Social Security and no tax on overtime.

00:46:41And that overtime one is a sleeper because I think a

00:46:44lot of people are going to be spurred on to do a lot

00:46:46of extra work.

00:46:48When they hear that, it's a lot of companies really

00:46:50like it.

00:46:51A lot of people really like it.

00:46:52The new Trump tax cuts will also include 100

00:46:55percent expensing for new factory construction in

00:46:59the United States and anything else that you're

00:47:01going to buy with capital.

00:47:04If you buy something, if you buy something that is

00:47:07going to be good for our country, we're going to

00:47:09let you expense it.

00:47:11One year expense.

00:47:12And I did that the first time and everybody was

00:47:15saying, can you go back to that?

00:47:16Now you still get, I guess, 40 percent or

00:47:18whatever.

00:47:19But it, you know, pairs down.

00:47:20But we're going to bring that right up to the to the

00:47:23top level.

00:47:24I think that had a lot to do with the success that I

00:47:26had during my first term.

00:47:28And we'll substantially cut taxes for all domestic

00:47:31producers of oil and gas and just about everything

00:47:33else that they produce.

00:47:35In my first term, I brought the business tax

00:47:38down from around 40 percent to 21 percent,

00:47:42which everybody said was an impossible thing to do.

00:47:44I cut it from 40.

00:47:45It actually was state and city was much higher than

00:47:4840.

00:47:48But I got it down to 21 percent.

00:47:50And now I'm bringing it down to a goal of 15

00:47:54percent.

00:47:54But only if you make your product in America.

00:47:57In other words, you're going to be at 21 percent.

00:47:59But if you make your product in America,

00:48:02you're going to go from 21 to 15.

00:48:03If you don't, you're going to pay 21 percent,

00:48:05which is still lower than anything.

00:48:08So guys like Elon are going to come and make his

00:48:10great cars in the United States.

00:48:12There are a lot of a lot of people will a lot of

00:48:15people are calling.

00:48:16A lot of car companies are calling.

00:48:17They call me three of them, three of the majors

00:48:19they called.

00:48:20And they said, we're looking all over the place.

00:48:23We want to be there.

00:48:25I'm going to be announcing tariffs on cars and

00:48:28semiconductors and chips and pharmaceuticals, drugs

00:48:33and lumber, probably, and some other things over the

00:48:36next month or sooner.

00:48:39And it's going to have a big impact on America.

00:48:42We're bringing our businesses back.

00:48:44If they don't make their product in America, then

00:48:46they very simply they have to pay a tariff.

00:48:49But if they do make their product in America, they

00:48:51have they don't have to pay any tariff, which will

00:48:53bring it's all going to bring trillions of

00:48:55dollars into our Treasury, or it's going to mean that

00:48:58there won't be any taxes because we want to have a

00:49:01fair base.

00:49:01If they don't have it, we don't have it.

00:49:04If they don't pay, if they don't charge us, we

00:49:06don't charge them.

00:49:07It's pretty simple.

00:49:08The Republican Party is once again the party of

00:49:11common sense.

00:49:12We're a party of common sense.

00:49:13We want strong borders.

00:49:14We don't want men playing in women's sports.

00:49:16We don't want to have transgender for everybody.

00:49:20We're the party of common sense.

00:49:22That's how we won the election in such a big

00:49:24manner.

00:49:25We'll no longer allow other countries to ransack

00:49:28and plunder our nation.

00:49:29That's why I've announced that we will soon begin

00:49:32imposing reciprocal tariffs on any country that

00:49:35engages in unfair and unequal trading practices.

00:49:39If they tariff us, as I said, we will tariff them

00:49:44at the exact same rate.

00:49:45So if a certain country, because some of these

00:49:47countries, even countries that I've already

00:49:49mentioned, are extremely aggressive with tariffs.

00:49:52Nobody knows that.

00:49:54European Union, they have a VAT tax.

00:49:56It's devastating.

00:49:57It's very tough for people on the outside.

00:50:00Hard to sell cars.

00:50:01It's really impossible to sell them because they

00:50:03also have non-monetary tariffs that are very,

00:50:06very tough.

00:50:07But if you take a look at that, it's a very unfair

00:50:09situation.

00:50:10And the VAT tax is similar to the tariff.

00:50:13Around the world, I'm moving quickly to end

00:50:16wars, settle conflicts, and restore the planet to

00:50:18peace.

00:50:19I want peace, and I don't want to see these —

00:50:21everybody being killed.

00:50:22And you take a look at the death in the Middle East

00:50:24and the death that's taking place between

00:50:27Russia and Ukraine.

00:50:28It's been going on, and we're going to end it.

00:50:31There's no profit for anyone in having World

00:50:33War Three, and you're not so far away from it.

00:50:36I'll tell you right now, you're not so far away.

00:50:39If we would have had this administration for

00:50:40another year, you would have been in World War

00:50:42Three, and now it's not going to happen.

00:50:45In the Middle East, I've restored my policy of

00:50:47maximum pressure on Iran, designed to bring peace.

00:50:53And we've designated the Houthis, a terrorist

00:50:59organization.

00:51:00They're, you know, destroying shipping lanes

00:51:02all over the place.

00:51:03They're making it very hard for people to get

00:51:06their product delivered.

00:51:07They're making it very difficult.

00:51:09But we'll take care of that situation.

00:51:11And we've secured a ceasefire in Gaza, and

00:51:14we're bringing in the hostages, and we're

00:51:16bringing them home to their families.

00:51:18Some of them are in pretty bad shape, I have to tell

00:51:20you.

00:51:21To end the horrible war in Ukraine, I've spoken with

00:51:24President Putin and President Zelenskyy, and

00:51:27our teams began negotiations this week

00:51:29in Saudi Arabia.

00:51:30I want to thank Saudi Arabia for that.

00:51:31That was so great.

00:51:33Yeah.

00:51:33And I want to thank, in particular — I mean, we

00:51:41have so many of the people — Yasser, Mohammed, all

00:51:44of the people.

00:51:44But in particular, we have to thank Crown Prince

00:51:49Mohammed bin Salman for hosting these historic

00:51:53talks.

00:51:54And talks that went very, very well.

00:51:58Steve was there.

00:52:00Steve Whitkoff was there, and Michael was there.

00:52:03Michael Waltz and others.

00:52:04And they really went well.

00:52:06It's a big — it's a big step.

00:52:07We got to get that war over with.

00:52:08You have to see the people that are dying.

00:52:09I look at the pictures, the satellite pictures of

00:52:13the field.

00:52:14It's a level field.

00:52:16And it looks like a modern-day version of

00:52:18Gettysburg.

00:52:19And you know what that means.

00:52:20It is just carnage.

00:52:21It's horrible.

00:52:23And, you know, it's not American soldiers.

00:52:26It's not even soldiers from the Middle East, in

00:52:29the case of Ukraine, Russia.

00:52:30But it's people.

00:52:32It's young people from Russia and Ukraine, mostly,

00:52:34that are just being decimated.

00:52:36It's flat fields.

00:52:38And a bullet goes, and a bullet only stops when it

00:52:41hits somebody.

00:52:42And the level of people being killed in that

00:52:45battle — soldiers, young soldiers, in some cases,

00:52:47old soldiers, because they're running out of

00:52:50people.

00:52:51They're running out of soldiers, in one case.

00:52:53But think of it — a modestly successful

00:52:56comedian, President Zelensky, talked the

00:53:00United States of America into spending $350 billion

00:53:05to go into a war that basically couldn't be won,

00:53:09that never had to start and never would have

00:53:11started if I was President.

00:53:13Not even a chance.

00:53:14And it didn't start for four years.

00:53:15Never would have started.

00:53:17But a war that he, without the U.S.

00:53:19and Trump, will never be able to settle.

00:53:22They'll never settle that war without our

00:53:24involvement.

00:53:25That's why they did such a great job this weekend.

00:53:27That's why Saudi Arabia did such a great job this

00:53:29weekend in hosting.

00:53:31The United States has spent $200 billion more than

00:53:34Europe, and Europe's money is guaranteed.

00:53:38They get their money back.

00:53:39It's a form of a loan.

00:53:40Nobody knows that.

00:53:41I know that.

00:53:42I said, why isn't somebody saying, you know, we do

00:53:44it the same way?

00:53:46And we spent much more money.

00:53:47We have to equalize.

00:53:49But, well, the United States gets nothing back,

00:53:51so they get their money back.

00:53:52It's a loan.

00:53:54We just give our money.

00:53:56And we had a deal based on rare earth and things,

00:53:59but they broke that deal.

00:54:02But we — they broke it two days ago.

00:54:04We had a deal because they said, we're spending

00:54:07$350 billion, and Europe gets their money back in

00:54:12the form of a loan, and we don't.

00:54:13We're just giving the money hand over fist.

00:54:15That's the Biden administration for you.

00:54:18But they're no longer dealing with the same

00:54:20United States as they were dealing with a few

00:54:22months ago.

00:54:23Why didn't crooked Joe Biden demand equalization?

00:54:27And that this war is far more important to Europe

00:54:31than it is to us, and that there's a very big,

00:54:33beautiful ocean of separation.

00:54:36This is — you know, we're helping Europe.

00:54:38We're trying to help Europe.

00:54:41On top of this, Zelensky admits that half of the

00:54:43money that we sent them is missing.

00:54:45They don't know where the money is.

00:54:46He said, well, we don't know where half of it is.

00:54:48That's great.

00:54:49Wonderful.

00:54:50He refuses to have elections.

00:54:52It's low in the real Ukrainian polls.

00:54:55I mean, how can you be high when every city is

00:54:58being demolished?

00:54:59It's hard to be high.

00:55:00Somebody said, oh, no, his polls are good.

00:55:01Give me a break.

00:55:03Every city is being demolished.

00:55:05They look like a demolition site, every

00:55:07single one of them.

00:55:09And the only thing he was really good at was playing

00:55:12Joe Biden like a fiddle.

00:55:13He played him like a fiddle.

00:55:14That's an expression we use, yes, sir, to say

00:55:17that he's pretty easy.

00:55:20Pretty easy.

00:55:22A dictator without elections.

00:55:24Zelensky better move fast or he's not going to have

00:55:26a country left.

00:55:27Got to move.

00:55:28Got to move fast because that war is going in the

00:55:31wrong direction.

00:55:31In the meantime, we're successfully negotiating

00:55:34an end to the war with Russia.

00:55:37Something I'll admit that only Trump is going to be

00:55:39able to do in the Trump administration.

00:55:41We're going to be able to do it.

00:55:43I think Putin even admitted that.

00:55:46Biden never tried.

00:55:48Europe has failed to bring peace.

00:55:50And Zelensky probably wants to.

00:55:51Maybe he wants to keep the gravy train going.

00:55:54I don't know what's the problem, but he hasn't

00:55:55been able.

00:55:56He's very upset that he wasn't invited.

00:55:58He could have come if he wanted to, but that he

00:56:00wasn't invited to Saudi Arabia.

00:56:01But he's been working for three years.

00:56:04He's never been even meetings or phone calls to

00:56:06stop this war.

00:56:07It's a horrible thing.

00:56:09I figure Russia's lost 900,000 soldiers.

00:56:12I think that Ukraine's lost probably 700,000.

00:56:16And it's a terrible thing.

00:56:17You'll see body parts, bodies and body parts all

00:56:20over the field, all over.

00:56:21We see them through very accurately through

00:56:24satellites.

00:56:26I love Ukraine, but Zelensky has done a

00:56:28terrible job.

00:56:29His country is shattered, and millions and millions

00:56:33of people have unnecessarily died.

00:56:36And you can't bring a war to an end if you don't

00:56:39talk to both sides.

00:56:40You got to talk.

00:56:40They haven't been talking for three years.

00:56:43So we hope to see a ceasefire soon and to

00:56:46reestablish stability in Europe and the Middle

00:56:48East.

00:56:49But if I thank you very much.

00:56:55And as I've said before, it's my hope that my

00:56:58greatest legacy will be as a peacemaker and a

00:57:02unifier.

00:57:02That would be a great legacy.

00:57:03So, in conclusion, the golden age of America is

00:57:10upon us, and I'm inviting everyone here today and

00:57:13every citizen across our land to take part in the

00:57:16most extraordinary period of peace, prosperity,

00:57:19growth, innovation, wealth creation, and

00:57:21expansion the world has ever seen.

00:57:23We're on our way.

00:57:24I mean, everyone is talking about us.

00:57:26Three weeks.

00:57:27We're in there for a couple of days, more than

00:57:29three weeks.

00:57:30And everyone is talking about it.

00:57:32You have to see the crowds of people outside.

00:57:35It's pretty amazing what's happening.

00:57:37We're on the verge of soaring markets, surging

00:57:40incomes, booming production, groundbreaking

00:57:43technologies, thrilling discoveries, and a quantum

00:57:46leap in the quality of life.

00:57:49Absolutely a quantum leap.

00:57:50One day, very soon, our country will have the

00:57:52greatest economy in the history of the world

00:57:54because we once again have a President who puts

00:57:58America first.

00:57:59And we put America first, and your country should

00:58:01put your country first.

00:58:02But in the end, we want America first.

00:58:04And when it's all beautiful, which it's

00:58:06going to be pretty soon, we want to help other

00:58:09countries, and you want to help other countries.

00:58:11But, you know, I tell your leaders, and some of

00:58:13the leaders are in this room right now, you got to

00:58:14put your country first.

00:58:16Whether it's Saudi Arabia, whether it's

00:58:17something else, you got to put your country first.

00:58:19But we're going to have plenty left over to help

00:58:21others also.

00:58:23As long as you invest in America, build in America,

00:58:26and hire in America, that means that I'm fighting

00:58:29for you.

00:58:29I am fighting very hard for you.

00:58:31Together, we're going to make the United States of

00:58:35America bigger, better, bolder, richer, and

00:58:37greater than ever before.

00:58:40It's going to be stronger than ever before.

00:58:42We're going to be a peacemaker and a

00:58:43peacekeeper.

00:58:44We're going to stop people from these stupid,

00:58:48never-ending wars.

00:58:49We're not going to partake in them ourselves, but

00:58:51we'll be stronger and more powerful than anybody by

00:58:54far.

00:58:55And if it ever came to war, there is nobody that

00:58:57would be able to come close to us.

00:58:59But we don't think that's going to ever happen.

00:59:01So I want to thank you all very much.

00:59:02It's a great honor to be here.

00:59:04And I think somebody said they're going to ask

00:59:06questions.

00:59:07And I didn't say, gee, what are the questions

00:59:09like Biden does?

00:59:10I say, just ask.

00:59:12It doesn't matter.

00:59:13You ask a question and I give an answer.

00:59:15So I think, Richard, you're going to come up and

00:59:16you're going to give me some questions.

00:59:18Thank you very much.

00:59:19Thank you very much, Mr. President.

00:59:23Please, a round of applause for the President

00:59:26of the United States of America.

00:59:29Mr. President, thank you for accepting to take a

00:59:42few questions.

00:59:44Twenty years ago, I don't know if you will

00:59:46remember, we were under the same roof in Orlando

00:59:49and you were delivering an amazing speech in front

00:59:52of 3,000 sales rep, giving him the best advice to

00:59:56be successful.

00:59:58So what is the best piece of advice that you have

01:00:00ever received?

01:00:01Well, I think I was watching my father.

01:00:04You know, my father was a very hard worker and he

01:00:07just worked hard and he was very smart.

01:00:09He had good genetics.

01:00:10His brother was the longest serving professor

01:00:13in the history of MIT, Dr. John Trump.

01:00:15And my father was every bit as smart.

01:00:17But my father was had to work.

01:00:20He was older and he put his brother through school.

01:00:24In fact, he once said, boy, I put him through so

01:00:26much school.

01:00:26He had three different degrees and they asked him

01:00:29to stay on at MIT.

01:00:30But my father was the same elk.

01:00:32And I noticed that my father was a happy man.

01:00:37And what he did is he worked.

01:00:39He just worked all the time.

01:00:41He worked, worked, worked.

01:00:42And he loved it.

01:00:44And really, I think the best piece of advice I got

01:00:47from that is you have to love what you do.

01:00:48And if you love what you do, you're going to have

01:00:50a happy life.

01:00:50If you don't, I mean, I see so many people.

01:00:52They're in businesses that they don't want to be

01:00:54in.

01:00:54They're in businesses that, you know, they're

01:00:56bored in or they're not good at.

01:00:58They don't have a natural ability at it.

01:01:00There is such a thing as natural ability, whether

01:01:02it's sports or acting or anything else.

01:01:05I mean, some people have an ability for something.

01:01:07Try and find that ability.

01:01:09But you have to love what you do.

01:01:10If you love what you do, you're going to be at

01:01:12least you have a good chance of being

01:01:13successful.

01:01:14Mr. President, it's almost time for for an early

01:01:19dinner.

01:01:20So if you are throwing a dinner party and you can

01:01:24invite three fascinating guests, living or dead,

01:01:28who would you bring?

01:01:28Well, they're all sitting right in the front row.

01:01:32Yes, sir.

01:01:33Are you ready?

01:01:34Mohammed, are you ready?

01:01:35Steve Whitkoff.

01:01:36And we have Mr. The most important person, at

01:01:40least until the World Cup is over, is here.

01:01:42Johnny, stand up.

01:01:44He gave the United States the World Cup.

01:01:46Johnny, thank you very much.

01:01:49I didn't know you were here.

01:01:50That's very good.

01:01:51He's the king of soccer.

01:01:53That's not bad.

01:01:54And you've done a fantastic job.

01:01:55You know, but it's very interesting.

01:01:58When I was President, I got the World Cup and I got

01:02:03all of the you know, we have this 250 anniversary.

01:02:07So that fell in this administration.

01:02:08That's a big deal.

01:02:09Two hundred and fifty years.

01:02:11But we have all of these things happening.

01:02:13And I also got the Olympics.

01:02:14And I was called by the mayor of Los Angeles,

01:02:18sir, would you call up the Olympic Committee?

01:02:20Because it was at that time President Obama will

01:02:23not take their phone call.

01:02:24And we're going to get the Olympics in Los Angeles.

01:02:26And by the way, they've recommitted to Los

01:02:28Angeles at a level that, you know, I was very

01:02:30worried about that.

01:02:31And they've the opposite.

01:02:33You know, somebody could have said, well, we're

01:02:34going to do it someplace else until they have

01:02:36actually recommitted.

01:02:38They're going to make it bigger and better than

01:02:39ever.

01:02:40So I want to let you know that.

01:02:41But I got I had the Olympics.

01:02:43So I got the Olympics.

01:02:44I got the World Cup.

01:02:45And I said, and the 250.

01:02:46But that one I didn't get.

01:02:48But it was there.

01:02:50It was in this term.

01:02:51And I ran an election.

01:02:52And we did fantastic in 2016.

01:02:55We did much better.

01:02:56Millions and millions, tens of millions, but

01:02:58millions and millions of votes better.

01:03:00And bad things happened.

01:03:02And I didn't get that one.

01:03:04And I said, you know, when I originally signed the

01:03:07Olympics, I said I won't be able to even be

01:03:10president.

01:03:11And I got the Olympics because if I didn't when I

01:03:13spoke with the people, the organizing committee and

01:03:15the people in different parts of the world, they

01:03:18asked me to do it because the president wouldn't do

01:03:20it.

01:03:21I was president-elect.

01:03:22And I gave them a talk.

01:03:23I couldn't get them off the phone.

01:03:24They were starving for love.

01:03:26And the bottom line, they gave us the Olympics.

01:03:28And I said, you know, isn't it sad?

01:03:29I won't be president.

01:03:30Then we had the election result.

01:03:32And now I'm president for the Olympics and for the

01:03:34World Cup.

01:03:35So I'm very happy about that.

01:03:37Johnny, thank you very much.

01:03:40I'll be there.

01:03:40I promise I'll be there.

01:03:41And by the way, Mr. President, backstage, you

01:03:43have a gift from Johnny.

01:03:45He gave us the first ball with your name, which will

01:03:49be played for the Cup World Cup in America.

01:03:53It's going to be great.

01:03:54Thank you, Johnny, very much.

01:03:56I doubt that any day you will take a sabbatical

01:04:00year.

01:04:00But if you could take a sabbatical year, Mr.

01:04:02President, what unconventional thing would

01:04:05you do?

01:04:06What was the word?

01:04:06Sabbatical.

01:04:07You don't work for one year.

01:04:08I thought you said Sabbath.

01:04:10It's a big difference.

01:04:11It's almost the opposite when you think about it,

01:04:13right?

01:04:15I think what I do is, look, what I'm doing now

01:04:20is the most exciting job in the world.

01:04:22It's a hard job, not an easy job.

01:04:24It's a nasty job.

01:04:26It could be a lot easier with, you know, I think

01:04:28that the the news media has to straighten

01:04:31themselves out because people are getting it.

01:04:33You know, they're losing tremendous popularity and

01:04:37they've lost their prestige and they've lost

01:04:39their credibility.

01:04:40And I think it's a very important thing, the news

01:04:43media.

01:04:44But I think they have to straighten themselves out

01:04:46because the people are going around them.

01:04:48Now, they have so many different things with like

01:04:50Elon with X, which was a big, a big thing.

01:04:52And we have truth, which has been fantastic.

01:04:54And we have so many other things that you don't

01:04:56really need traditional.

01:04:58But I will tell you that there is just nothing I

01:05:02could do to enjoy my life, whether it's that or

01:05:06anything else that you ask, because this is the

01:05:08ultimate.

01:05:09I mean, I had to make a big decision and it was a

01:05:11very risky decision because if I would have

01:05:13lost, my life would have been a much different

01:05:15life.

01:05:16It would have been a very nasty life.

01:05:17They were going after me at levels that nobody's

01:05:19ever seen before.

01:05:20Not Andrew Jackson, not Abraham Lincoln.

01:05:22You know, the historians say that the president

01:05:26that was treated the worst by far by the media and

01:05:29overall was Andrew Jackson.

01:05:32In fact, his wife died of heartbreak.

01:05:35They were treated really rough.

01:05:37And Abraham Lincoln was second.

01:05:39But he had a civil war.

01:05:40You know, you can understand that.

01:05:42But nobody was treated like me.

01:05:44Nobody.

01:05:45And I will tell you, you learn a lot about yourself,

01:05:49but there's nothing I'd rather do.

01:05:51I had to make a decision.

01:05:52Do I do this?

01:05:52Because if I lost, it would have been very, very

01:05:55bad.

01:05:56It was dangerous, actually very dangerous in so many

01:05:58different ways.

01:06:00And I decided to do it.

01:06:01And I said, I have to win because if I don't, when I

01:06:04spoke to a friend of mine the other night, he said,

01:06:05you know, have you lost?

01:06:06It would have been very it was actually Sean Hannity

01:06:09just before we did the interview last night.

01:06:12He said, boy, if you would have lost, it would have

01:06:13you would have had a tough life.

01:06:16You would have had a very tough life.

01:06:17So it was there was a certain amount of courage

01:06:19involved in this decision to run.

01:06:21And and it's a great honor to win by this much to

01:06:26win all seven swing states.

01:06:27The popular vote popular vote doesn't get won that

01:06:30much by Republicans for whatever reason.

01:06:31I think that's changing because, again, with a

01:06:34party of common sense and they're the party of some

01:06:37real bad things.

01:06:37And I think they'll change.

01:06:38I think they have to change.

01:06:40It would be wonderful.

01:06:41I'm going to be having lunch with some of the

01:06:42Democrats next weekend.

01:06:44It would be wonderful if we could work together.

01:06:46I think working together would be great, but they

01:06:48have to change.

01:06:49You can't get elected on the programs that they

01:06:51want.

01:06:51And that's one.

01:06:52That's really what America wants to see.

01:06:54So there's nothing I'd rather do than what I'm

01:06:56doing right now.

01:06:57When we started this conference, Mr. President,

01:07:03when we started this conference, yes, sir.

01:07:05And I is one had as a conference told us, I want

01:07:07that to be the place where people will come to

01:07:09understand where to invest in terms of

01:07:13geographies and sector.

01:07:15So what is the best investment you have made

01:07:17in your personal growth, Mr. President?

01:07:19The President Well, I was involved in real estate

01:07:22from, you know, most of my life and was, you know,

01:07:26guys like Whitcoff will tell you I was really

01:07:28good at it and I was successful at it, very

01:07:31successful at it.

01:07:33I've been involved in things prior to being

01:07:36president.

01:07:36But during the four years, during the last

01:07:38four years, you know, I followed sort of the

01:07:40trends and I've made a lot of money with

01:07:43following some of these trends.

01:07:45And, you know, it's again, it's something that

01:07:49you do.

01:07:50It's I've I've really believed that some people

01:07:52have instinct.

01:07:52I think I've always had an instinct for making

01:07:54money.

01:07:55I make money.

01:07:56And I went into show business.

01:07:58I had one of the most successful shows on

01:07:59television.

01:08:00I wrote books and they were all bestsellers.

01:08:03Virtually every book was a big bestseller, some

01:08:06really big bestsellers.

01:08:07And so I don't know, I said, whatever I do, I

01:08:10just want to make it successful.

01:08:11It's very important to me.

01:08:13There are many ways to make money.

01:08:14You can be in many different fields.

01:08:16And a lot of them is being in the right

01:08:19country.

01:08:19You know, if you're in a certain country, our

01:08:23country is actually getting very bad, a very

01:08:25dangerous place, actually.

01:08:27Bad things were happening.

01:08:28But if you're in a certain country, you have a

01:08:31chance to do well.

01:08:32And no matter how good you are, if you were born

01:08:34into the wrong country, you're not going to make

01:08:36money.

01:08:37Now, you can do other things.

01:08:37You can attain power, I guess.

01:08:40Maybe it's the wrong kind of power, but it's power.

01:08:43But being in the right country where you have the

01:08:46right incentives and, you know, entrepreneurship,

01:08:49et cetera.

01:08:50And America has always been sort of at the top or

01:08:54one of the top, but always pretty much at the top.

01:08:57But it was losing that.

01:08:59It was losing that position.

01:09:00And I think losing it rapidly.

01:09:02This last administration.

01:09:03Look, I don't want to be I wish I could say I

01:09:06wouldn't have run if if I thought Biden was doing a

01:09:09good job.

01:09:10If I thought they were I wouldn't have run because,

01:09:12as I said, it was very dangerous to run in a lot

01:09:15of ways.

01:09:16In fact, my ear will show that when you look at it

01:09:17closely.

01:09:18My ear has that throbbing feeling every once in a

01:09:21while.

01:09:22But it was dangerous in a lot of different ways.

01:09:24But he was so bad that I had no choice but to do

01:09:27it.

01:09:28If I thought he was doing a great job, I wouldn't

01:09:30have run.

01:09:31And I would be very happy.

01:09:32I actually wanted him to do a good job.

01:09:34I was saying, do this, do that.

01:09:36I'm telling them, do things.

01:09:37They should have done what I said.

01:09:39And but I would have been I would have been very

01:09:42happy not to have run and, frankly, to have seen

01:09:45somebody do a good job.

01:09:46But our country was going to hell.

01:09:49And I really sort of had to run.

01:09:52If you were a historical ruler, would you prefer to

01:09:56rule during war or peace?

01:09:58Well, I want to be, again, a peacemaker and I

01:10:01want to keep us out of war.

01:10:03But sometimes to do that, you have to have a very

01:10:05strong country.

01:10:06You have to have a very strong military.

01:10:08And as I said, we have a much stronger military

01:10:11than anyone would know.

01:10:12We have the best equipment.

01:10:13And I bought a lot of it.

01:10:14I rebuilt our military in the first four years.

01:10:16I rebuilt it.

01:10:18We gave a lot of it away to Afghanistan, to the

01:10:20Taliban, stupidly.

01:10:22But that's a very small amount relative.

01:10:24It was billions and billions, but it's still

01:10:26a very small amount relatively to what we

01:10:28built.

01:10:29But I rebuilt, largely rebuilt our military.

01:10:32Now I'm going to have to do it again because so much

01:10:34has been given away, so much has been treated so

01:10:36badly.

01:10:37And but but to keep peace, you really have to.

01:10:41I have a thing strength through and I mean it.

01:10:45You really have it.

01:10:46You have strength and you need the strength.

01:10:48But it's really peace through strength because

01:10:50without the strength, it's going to be very hard to

01:10:52have peace because you're going to be taken over.

01:10:54Bad things are going to happen.

01:10:55So you really want to have peace through strength.

01:10:57And that's where I've been.

01:11:00Having strength, having power in that sense to

01:11:04protect yourself and your people is a very important

01:11:06thing.

01:11:07Hopefully you don't have to use that power.

01:11:08I will tell you, I was dealing with President

01:11:11Putin very successfully on de-nuclearization.

01:11:14We were talking about it very seriously.

01:11:17And then COVID came and lots of things came.

01:11:19And we had also talked to China about it.

01:11:21Now, Russia and us have the biggest nuclear by far.

01:11:26China is not close, but they will be close in

01:11:29three or four years or five years.

01:11:30They'll be equal.

01:11:32But we were going to talk to China and I spoke to

01:11:35President Xi about it very successfully.

01:11:37I think we were going to de-nuclearize it.

01:11:39We had to get the smaller nuclear powers, of which

01:11:43there are four, three maybe, but four probably,

01:11:47to do something.

01:11:48We would have been able to do that.

01:11:50But I was having very strong talks with

01:11:52President Putin about de-nuclearization.

01:11:56And, you know, if you're President, you get

01:11:58presentations about what we're building, what we're

01:12:01having, the power of weapons, the power of many

01:12:04things besides weapons, per se.

01:12:07What I saw, the power of nuclear weapons, and we

01:12:11can never let that happen.

01:12:13If that happens, the ballgame will be — the

01:12:18world will be destroyed.

01:12:21The power is so enormous.

01:12:23You look at Hiroshima.

01:12:25You look at Nagasaki.

01:12:27Multiply that times 500 times, and the world

01:12:33would be destroyed.

01:12:34So you want somebody as your President, or you

01:12:36want somebody as your leader that understands

01:12:39that we just can't let that happen.

01:12:41We can't let other countries get nuclear weapons.

01:12:45Not only Iran — Iran is a good example, and maybe

01:12:47the one that people think about.

01:12:49But we can't let that happen.

01:12:51The power of weaponry today is so enormous that

01:12:55the world — the world would disintegrate.

01:12:58So we can't let it happen.

01:13:00The Press.

01:13:00Mr. President, if you had to describe the United

01:13:03States of America in just three words, what would

01:13:06they be?

01:13:07The President.

01:13:08In three words?

01:13:08The Press.

01:13:09Three words.

01:13:10Love, respect, and strength.

01:13:20That's a tough question.

01:13:20That might be my best answer, Yasser.

01:13:24That's — that reminds me of high school, that one.

01:13:27But that may have been the toughest question,

01:13:29actually.

01:13:30Do you think Joe Biden could have done that?

01:13:31I don't think so.

01:13:32I don't think so.

01:13:34We're almost at the end, Mr. President.

01:13:37But talking about United States of America, what is

01:13:41one cultural habit in the United — in the U.S.

01:13:45business that the rest of the world could learn

01:13:48from?

01:13:49What is the best practice that we have?

01:13:50The President.

01:13:51Well, I think we love our families, but I think a

01:13:52lot of the world loves their families.

01:13:54You know, I was speaking to the head of Mexico

01:13:57because I complain constantly about people

01:13:59pouring in.

01:14:00Now our border is the strongest border we've

01:14:02ever had.

01:14:02We've gone from the worst border ever in history to

01:14:04the strongest border.

01:14:06But I was speaking to the President of Mexico, a

01:14:10very wonderful woman, actually.

01:14:13And I said — we were talking about drugs.

01:14:16You can't let people come through your country and

01:14:18come into the country.

01:14:18You know, I was not that nice, but they understood

01:14:22what I was saying.

01:14:23And she said something that really got me.

01:14:25She said — I said, Are you a — you're not a big

01:14:28drug-taking nation.

01:14:29And she said, No, we are not a consumer.

01:14:32And I said, A consumer?

01:14:33What a — you know, an interesting word.

01:14:35We're not a consumer nation.

01:14:37We're not a consumer of drugs.

01:14:38I said, What an interesting — and why is that?

01:14:40He said — she said, Well, we have very strong

01:14:43family values.

01:14:44I said, But we do, too.

01:14:46We do, too.

01:14:46We have very strong — our families are devastated

01:14:49by what's happening with fentanyl.

01:14:51And China will not be doing — we're going to

01:14:53make a deal with China.

01:14:54They were not letting that happen anymore.

01:14:57And I had a deal, by the way, before I left.

01:15:00I had a deal with President Xi where they were

01:15:02going to give the maximum penalty to anybody making

01:15:04fentanyl and sending it into the United States.

01:15:07And their maximum penalty is the death penalty, and

01:15:09it would have stopped.

01:15:11But when the election turned out to be a rigged

01:15:13election — but that's okay — when an election

01:15:15turned out to be a — it was an election that

01:15:18shouldn't have happened, all the — all the things

01:15:21that happened — I'll give you an example.

01:15:24We wouldn't have had October 7th Israel attack.

01:15:27We wouldn't have had Ukraine and Russia

01:15:29fighting.

01:15:29We wouldn't have had inflation.

01:15:30We wouldn't have had all of these things that, you

01:15:33know, happened.

01:15:34But in speaking with her, she said about family

01:15:37values.

01:15:38I said, Well, you're not really saying anything

01:15:40there because we have great families, too.

01:15:41We have great family values.

01:15:43She said, Plus, we advertise a lot.

01:15:45I said, Ooh, you mean you advertise about how bad

01:15:48drugs are?

01:15:49Yes, we do.

01:15:50We spend a lot of money on advertising.

01:15:51And I said, Unbelievable.

01:15:53That was such a great conversation because

01:15:55we're going to spend hundreds of millions of

01:15:57dollars advertising how bad drugs are so that kids

01:15:59don't use them, that they chew up your brain, they

01:16:02destroy your teeth, your skin, your everything.

01:16:06And I thanked her for that.

01:16:07You know, I make so many calls and I never learn

01:16:10anything from anybody.

01:16:11I know everything, and I never learn anything from

01:16:13anybody.

01:16:14And I spoke to this woman.

01:16:15As soon as she said it, she didn't have to say

01:16:17exactly what — I said, Exactly.

01:16:19What a great idea.

01:16:21And I think we're going to have — and I saw pieces

01:16:23of it.

01:16:24We're going to go in with $100 million and then

01:16:25another $100 million initially.

01:16:28But I saw some of the ads, and they are really

01:16:30violent.

01:16:31I said, You have to make them strong.

01:16:33Your skin practically comes off after a period of

01:16:35time.

01:16:36You lose your hearing.

01:16:37You lose your teeth.

01:16:39You lose — I mean, you — it is terrible.

01:16:42And we show this happening to people.

01:16:45And I think we're going to — you know, we did very

01:16:47well with — we had blue-ribbon committees

01:16:50headed up by the First Lady of the United States

01:16:53and a lot of other people that — you know, they

01:16:55have no idea the viciousness of these

01:16:57cartels and these people.

01:16:59And they're smarts.

01:17:00I mean, they're very smart, tough people — making a

01:17:03fortune, by the way, an absolute fortune.

01:17:05But we got it down 18 percent, which was a

01:17:08record.

01:17:09But 18 percent is not great, when you think

01:17:12about it.

01:17:12I think we could get it down 50 or 55 or maybe

01:17:15even 60 percent with advertising.

01:17:16So she really gave me something.

01:17:18I was going to call her and tell her that she did,

01:17:21but now I don't have to call her because she's

01:17:23going to be seeing this right now.

01:17:25So, to the President of Mexico, thank you very

01:17:27much.

01:17:27I appreciate it.

01:17:28But we're going to do a great advertising

01:17:30campaign saying how bad it is, how drugs are so

01:17:32bad for you.

01:17:33The Press My last question, Mr. President.

01:17:39You have mentioned briefly in your speech about the

01:17:43legacy.

01:17:45What would you like your legacy to be, if you can

01:17:47tell us more about it?

01:17:48The President That I came into a country that was

01:17:53great but is in trouble.

01:17:56And I made America great again, and I got it out of

01:17:59trouble.

01:18:00And people respect America now.

01:18:03And we were a country of peace, and we brought

01:18:05peace to the rest of the world.

01:18:06The Press Thank you.

01:18:09Thank you very much, Mr. President.

01:18:11The President Thank you very much, everybody.

Trump at FII Priority Summit: Crypto Push, Ukraine War, Saudi Deal & Future DOGE Plans with Musk

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