Latest / Gil I Am / Donald Trump Today...Speaks To Reporters In The Oval Office

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Donald Trump Today...Speaks To Reporters In The Oval Office · Gil I Am

• 0:00
  Speaker 1: During the oath as well. But a note about my
• 0:02
  Speaker 1: family real quickly. Today would have been my father's one
• 0:05
  Speaker 1: hundred and fourteenth birthday. Colonel Atkins was a veteran of
• 0:10
  Speaker 1: World War Two and Korea, and yesterday would have been
• 0:13
  Speaker 1: my late mother's birthday. And so it seems altogether altogether
• 0:17
  Speaker 1: fitting to honor them and the example that they've set
• 0:21
  Speaker 1: so that their son could stand.
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  Speaker 2: Here speaking to you all today.
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  Speaker 1: So to my friends, my family, my colleagues who've worked
• 0:27
  Speaker 1: with me throughout my career and helped make my appointment
• 0:31
  Speaker 1: by President Trump even possible, thank you for your work
• 0:35
  Speaker 1: and dedication. There are many who quietly serve the nation
• 0:38
  Speaker 1: in mostly unsung roles, and I continue to be the
• 0:41
  Speaker 1: beneficiary of your patriots or your professionalism and good judgment.
• 0:45
  Speaker 1: So at the helm of the SEC, I can confidently
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  Speaker 1: say it is a new day.
• 0:50
  Speaker 2: It's time for the.
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  Speaker 1: SEC to end its waywardness and return to its core
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  Speaker 1: mission that Congress set for it, investor protection, fair orderly
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  Speaker 1: and the efficient markets and capital formation. I will work
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  Speaker 1: to protect investors from fraud, keep politics out of how
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  Speaker 1: our securities laws and regulations are applied, and advance clear
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  Speaker 1: rules of the road that encourage investment in our economy
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  Speaker 1: to the benefit of Americans. A top priority in my
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  Speaker 1: chairmanship will be to provide a firm regulatory foundation for
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  Speaker 1: digital assets. Through a rational, coherent, and principled approach, we
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  Speaker 1: will work to ensure that the United States is the
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  Speaker 1: best and most secure place in the world to invest
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  Speaker 1: into do business. So, mister President, again, thank you very
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  Speaker 1: much for your graciousness and extending such a warm welcome
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  Speaker 1: to my family and need today in this storied room.
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  Speaker 1: I look forward to working with you, with colleagues and
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  Speaker 1: your administration and with Congress to advance your agenda to
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  Speaker 1: bolster the economy and build on US leadership of the
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  Speaker 1: global markets.
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  Speaker 2: So thank you, very thank you for every da Thank you.
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  Speaker 3: Any questions football?
• 2:01
  Speaker 2: Oh you Scoff's the man?
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  Speaker 1: Can you provide a I guess what is your sense
• 2:06
  Speaker 1: of how that CFTC.
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  Speaker 4: And the SEC will differ when it comes to cryptoregulation.
• 2:11
  Speaker 1: Uh? I hope that we won't.
• 2:13
  Speaker 2: Uh.
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  Speaker 1: Bryantonton's whom the president that's nominated, is a great guyvernment
• 2:17
  Speaker 1: them for years, and I you know, I intend to
• 2:20
  Speaker 1: work closely with him and I really look forward to
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  Speaker 1: his leadership there. I think there's no reason why the
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  Speaker 1: two agencies can't be working cheek the jowl on these
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  Speaker 1: UH issues for the American investor in the American economy
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  Speaker 1: is the right and.
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  Speaker 2: The view on UH China with thoughts in you.
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  Speaker 1: Uh, well, that's uh. There's that's a subject of UH statutes.
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  Speaker 1: UH and Comngress has acted and honey, I I look
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  Speaker 1: forward to diving.
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  Speaker 4: Into those issues.
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  Speaker 1: Ms rockins Uh do you have a sense well the
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  Speaker 1: Democratic Commissioner continue in her role. I I her her term.
• 2:55
  Speaker 1: I guess uh goes uh through the well ended last year,
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  Speaker 1: and I guess uh she can hold over till the
• 3:01
  Speaker 1: end of the year.
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  Speaker 2: So it's.
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  Speaker 1: Mister President and in Congress to deal with that.
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  Speaker 4: Mister President. On China, your Press secretary has suggested that
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  Speaker 4: some progress is being made, our negotiations actively underway. And
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  Speaker 4: do you agree with Secretary Besant who has suggested that
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  Speaker 4: the current standoff with China is not sustainable.
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  Speaker 2: We're doing fine with China, We're doing fine with every
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  Speaker 2: I think almost every country.
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  Speaker 3: Everybody wants to have involvement with the United States. As
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  Speaker 3: you know, we were losing five billion dollars a day
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  Speaker 3: when during the Biden administration.
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  Speaker 2: During that last year was a horror show.
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  Speaker 3: What they were doing on trade, five billion dollars a day,
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  Speaker 3: and now we have it down to a very low
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  Speaker 3: number because we're getting twenty five percent from the automobile industry.
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  Speaker 3: From autos, we're getting twenty five percent for steel, twenty
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  Speaker 3: five percent for aluminum, and we're getting the baseline of
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  Speaker 3: ten percent. And think of it, we're losing almost two
• 4:03
  Speaker 3: trillion dollars on trade and those days are gone.
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  Speaker 2: We're not going to do that again. We're not going
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  Speaker 2: to let that happen.
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  Speaker 3: We're being ripped off by almost I don't say every
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  Speaker 3: but very close to every country, everywhere, everywhere in the world,
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  Speaker 3: just being ripped off left and right. You had no leadership,
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  Speaker 3: you had people that didn't know what they were doing.
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  Speaker 3: And we're going to turn the country around. You know.
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  Speaker 3: We have a very nice phrase, make America great again.
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  Speaker 3: That's what we're going to do, and it's going to
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  Speaker 3: start with trade. We're doing really well. I see the
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  Speaker 3: stock market was up nicely. But this is a transition
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  Speaker 3: period and it's going to be a little while, but
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  Speaker 3: we are doing well with every country.
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  Speaker 2: Ultimately, we have something they want and you have to
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  Speaker 2: view it that way.
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  Speaker 3: We have something they want, and they want very badly,
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  Speaker 3: and you know it's going to be they're coming in,
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  Speaker 3: they're taking treasure, they're taking jobs when they do that,
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  Speaker 3: and they have to pay, and they don't have to
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  Speaker 3: pay if they come in in create their own jobs,
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  Speaker 3: you know, if they if they do their product here,
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  Speaker 3: if they build their product or make their product.
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  Speaker 2: In the United States. We have absolutely no tariffs, and.
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  Speaker 3: We welcome people, but we're taking in a lot of
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  Speaker 3: money from tariffs, and our country is getting stronger all
• 5:15
  Speaker 3: the time because the other was not sustainable.
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  Speaker 4: With China.
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  Speaker 1: Are you going to play hard ball with them, Well,
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  Speaker 1: I'm not going to say no.
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  Speaker 3: I'm not going to mention COVID. I'm not going to say, oh,
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  Speaker 3: I'm going to play hardball with China.
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  Speaker 2: I'm going to play hardball with you. President. She No.
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  Speaker 3: Now, we're going to be very nice. They're going to
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  Speaker 3: be very nice, and we'll see what happens. But ultimately
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  Speaker 3: they have to make a deal because otherwise they're not
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  Speaker 3: going to be able to deal in.
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  Speaker 2: The United States.
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  Speaker 3: So we want them involved, but they have to and
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  Speaker 3: other countries have to make a deal and if they
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  Speaker 3: don't make a deal, we'll set the deal because we're
• 5:54
  Speaker 3: we're the ones that set the deal, Scott and Howard
• 5:58
  Speaker 3: and myself and others. We're going to be setting the
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  Speaker 3: deal and it'll be a fair deal for everybody, and
• 6:05
  Speaker 3: it'll be I think it's a process that's going to
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  Speaker 3: go pretty quickly.
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  Speaker 2: We've spoken to many, many countries and we're getting their
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  Speaker 2: views on things.
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  Speaker 3: You know, there are a lot of things they have
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  Speaker 3: vat taxes, they have they have everything you can have.
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  Speaker 3: Don't forget as an example of the European Union was
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  Speaker 3: set up to take advantage of the United States.
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  Speaker 2: That's why it was set and they've done that. But
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  Speaker 2: they're not doing that anymore. Yeah, will you allow.
• 6:32
  Speaker 1: Will you prevent a mouse from having any role in
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  Speaker 1: governing a post war in Gaza?
• 6:36
  Speaker 2: And we will Gaza. Will a mouse have to be
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  Speaker 2: permanently eravocated for a seat.
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  Speaker 3: Well, we're not going to let Harmas do that, and
• 6:42
  Speaker 3: we're going to see what happens with Gaza. But we've
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  Speaker 3: made a lot of progress in the Middle East, tremendous.
• 6:48
  Speaker 3: Should it never happened that date, that very special date,
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  Speaker 3: October seventh, should have never happened. It would have never
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  Speaker 3: happened if I were president. But we'll be stopping that
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  Speaker 3: whole situation.
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  Speaker 2: Yeah, please, very.
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  Speaker 3: Arc high as they are now actually are trade.
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  Speaker 2: In the United States. I'm sure one hundred and forty
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  Speaker 2: five percent is very high. And it won't be that high.
• 7:13
  Speaker 2: Not gonna be that high. It got up to there.
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  Speaker 3: We were talking about Fenton hal where you know, various
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  Speaker 3: elements built it up to one hundred and forty five.
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  Speaker 2: No, it won't be anywhere near that high.
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  Speaker 3: It'll come down substantially, but it won't be zero.
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  Speaker 2: Used to be zero. We were just destroyed.
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  Speaker 3: China was taking us for a ride and just not
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  Speaker 3: gonna have It's not gonna happen. We're gonna be very
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  Speaker 3: good to China, have a great relationship with Presidentcy. But
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  Speaker 3: they would make billions and billions and billions of dollars
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  Speaker 3: a year and they would build their military out of
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  Speaker 3: the United States and what they made, so that won't happen.
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  Speaker 3: But they're going to do very well, and I think
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  Speaker 3: they're going to be happy, and I think we're gonna
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  Speaker 3: lived together very happily and ideally work together.
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  Speaker 2: So I think it's going to work out.
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  Speaker 3: Very well, but no, it's at one hundred and forty
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  Speaker 3: five percent. There will not be anywhere near that number.
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  Speaker 1: We're a happy.
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  Speaker 3: Right now. Oh, it's amazing what they've done on the borders.
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  Speaker 3: Thank you for the question, because honestly, it's one of
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  Speaker 3: the great successes. We have virtually nobody coming in illegally.
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  Speaker 3: We do have people coming in legally, because we want people.
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  Speaker 2: To come in, but we have nobody coming in through
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  Speaker 2: the border virtually.
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  Speaker 3: That we were having hundreds of thousands of people a
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  Speaker 3: month come in under Biden, and they came in from prisons,
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  Speaker 3: they came in from mental institutions, they came in from
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  Speaker 3: gangs and Venezuela and other countries all over.
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  Speaker 2: The world, not just South America.
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  Speaker 3: They were emptying their prisons into the United States. Venezuela
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  Speaker 3: emptied its persons out, but many countries emptied their prisons
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  Speaker 3: into the Congo as an example in Africa, emptied their
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  Speaker 3: prisons into the United States. And we're getting them out,
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  Speaker 3: and I hope we get cooperation from the courts because
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  Speaker 3: you know, we have thousands of people that are ready
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  Speaker 3: to go out, and you can't have a trial for all.
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  Speaker 2: Of these people. It wasn't meant.
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  Speaker 3: The system wasn't meant, and we don't think there's anything
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  Speaker 3: that says that. Look, we are getting some very bad people, killers, murderers,
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  Speaker 3: drug dealers, really bad people, the mentally ill, the mentally insane.
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  Speaker 3: They emptied out insane asylums into our country. We're getting
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  Speaker 3: them out, and a judge can't say, no, you have
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  Speaker 3: to have a trial that let's the trial is going
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  Speaker 3: to take two years, and no, we're going to have
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  Speaker 3: a very We're going to have a very dangerous country
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  Speaker 3: if we're not allowed to do what we're entitled to do.
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  Speaker 3: And I want an election based on the fact that
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  Speaker 3: we get them out, and we've done an amazing job.
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  Speaker 2: Look, we've stopped.
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  Speaker 3: Everybody admits, even the radical left. We have got the
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  Speaker 3: strong youngest border we've ever had, even stronger than what
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  Speaker 3: I had for four years.
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  Speaker 2: We had a great border. We solved the problem.
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  Speaker 3: But it's actually it's a tad stronger, which is I
• 10:11
  Speaker 3: don't know if that's disappointing or not to me. I
• 10:13
  Speaker 3: beat my own record, but I appreciate the question.
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  Speaker 2: Thank you, Daniel, you.
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  Speaker 3: Know how well, Thank you, Daniel. The question is about prices.
• 10:39
  Speaker 3: The prices are going down, not going up. One of
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  Speaker 3: the big things is energy is going down. I see
• 10:45
  Speaker 3: that we had a couple of states where gasoline was
• 10:47
  Speaker 3: at a dollar and ninety eight cents a gallon. Nobody
• 10:51
  Speaker 3: thought they'd see that for years maybe, And that's a
• 10:55
  Speaker 3: big thing. And we opened up our wells, we opened
• 10:59
  Speaker 3: up our drilling. We have more product now for sale,
• 11:03
  Speaker 3: and we're also going to be selling outside of the country.
• 11:05
  Speaker 2: To a large extent.
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  Speaker 3: It going to bring down our deficits largely going to
• 11:09
  Speaker 3: bring down our deficits. But if you remember my first week,
• 11:13
  Speaker 3: I was standing here, Paul, and they were screaming about eggs.
• 11:16
  Speaker 3: The cost of eggs have gone through the roof. They
• 11:18
  Speaker 3: were up like five hundred crazy, like four or five times.
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  Speaker 3: And we won't have eggs for Easter. They were saying,
• 11:25
  Speaker 3: will be no eggs, You can't order eggs. They wanted
• 11:27
  Speaker 3: to sort of plastic in the shape of eggs. Well,
• 11:31
  Speaker 3: yesterday we had forty eight thousand people at the Easter hunt.
• 11:36
  Speaker 3: They caught the Easter roll at the White House and
• 11:40
  Speaker 3: we had all eggs. And as you know, the cost
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  Speaker 3: of eggs has come down like ninety three ninety four
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  Speaker 3: percent since we took office and they're pretty much normally
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  Speaker 3: priced now at great job or Secretary of Agriculture Brook
• 11:53
  Speaker 3: Rawlins diad a very good job. But groceries have come down.
• 11:57
  Speaker 3: It's all coming down. The only thing that has in
• 12:00
  Speaker 3: come down but hasn't gone up much your interest rates,
• 12:02
  Speaker 3: and we think the Fed should lower the rate. We
• 12:05
  Speaker 3: think that it's it's a perfect time to lower the rate,
• 12:08
  Speaker 3: and would like to see our chairman be early or
• 12:11
  Speaker 3: on time as opposed to late late's late's not good.
• 12:17
  Speaker 2: I don't want to talk about that because I have
• 12:19
  Speaker 2: no intention of firing.
• 12:26
  Speaker 1: Giving us some kind of poll us and.
• 12:30
  Speaker 2: Sounds sounds like a good idea to me. Yeah, please, no.
• 12:34
  Speaker 4: Intention because you're.
• 12:39
  Speaker 1: Said that you and people selling this idea hand.
• 12:45
  Speaker 2: Whatsoever?
• 12:47
  Speaker 3: Never did the press runs away with things now. I
• 12:50
  Speaker 3: have no intention of firing him. I would like to
• 12:53
  Speaker 3: see him, uh be a little more active in terms
• 12:56
  Speaker 3: of his idea to lower interest rates. Just it's a
• 13:00
  Speaker 3: perfect time to lower interest rates. If he doesn't is
• 13:04
  Speaker 3: at the end, No, it's not, but it would be
• 13:06
  Speaker 3: good timing. It would be which could have taken place earlier.
• 13:10
  Speaker 3: But no, I have no intention to fire him.
• 13:14
  Speaker 2: I don't want to come into that. That doesn't matter.
• 13:18
  Speaker 2: You have seen the spies which documents. I don't know.
• 13:24
  Speaker 2: I'll speak to the Attorney General about that. I really
• 13:27
  Speaker 2: don't know.
• 13:28
  Speaker 3: I know that we've done we've done the RFK to
• 13:32
  Speaker 3: Kennedy Martin Luther King is out there very shortly, so
• 13:36
  Speaker 3: we'll find out. But we've and we've we've really really
• 13:39
  Speaker 3: announced uh we're doing him in full transparency. You know,
• 13:45
  Speaker 3: when we did uh JFK, people will say, oh, maybe
• 13:49
  Speaker 3: it wasn't all.
• 13:50
  Speaker 2: It was all and people.
• 13:52
  Speaker 3: Actually went up to the office and they looked at
• 13:54
  Speaker 3: some things that were, you know, not really easily available,
• 13:58
  Speaker 3: and they were amazed that we we gave it all.
• 14:00
  Speaker 3: And I don't know if it solved any problems for people.
• 14:04
  Speaker 3: People still have questions one way or the other, but
• 14:06
  Speaker 3: that I'm not but of all of these documents are
• 14:10
  Speaker 3: being delivered.
• 14:11
  Speaker 2: Yeplease, miss President.
• 14:13
  Speaker 4: You said you're ultimately going to make a deal with China,
• 14:15
  Speaker 4: But where do they stand right now?
• 14:17
  Speaker 3: Have you talked the same relationship? My relationship with presidentcy
• 14:22
  Speaker 3: is great.
• 14:23
  Speaker 2: It was, It's been great for a long time. We've
• 14:26
  Speaker 2: got a very good relationship, and I think we'll make
• 14:28
  Speaker 2: a deal with China. If we don't make a deal,
• 14:32
  Speaker 2: we'll set it.
• 14:32
  Speaker 3: We'll just set the number. And you know, I think
• 14:34
  Speaker 3: they'll want to be a part of the United States.
• 14:36
  Speaker 3: We're doing great, We're gonna this is the golden age.
• 14:39
  Speaker 3: As Paul said, we're talking about the golden age. It
• 14:41
  Speaker 3: will never be a time like this in my opinion.
• 14:45
  Speaker 3: And uh, China wants to be a part.
• 14:47
  Speaker 2: Of that too. I have, I have Uh, I'll keep
• 14:58
  Speaker 2: that to myself. Are you very personal?
• 15:02
  Speaker 1: Tariffcassicus course of just sharp.
• 15:05
  Speaker 4: Brought out China.
• 15:07
  Speaker 3: You know, I think that everyone's going to do well
• 15:08
  Speaker 3: in this country because of tariffs. We have seven trillion
• 15:13
  Speaker 3: dollars of investment already. You can go back many years
• 15:17
  Speaker 3: and for a whole year, they haven't had anywhere near that.
• 15:20
  Speaker 3: Mostly they would they'd be well under a trillion dollars
• 15:22
  Speaker 3: of investment, and we've got seven trillion. We really started
• 15:27
  Speaker 3: five weeks ago and in just a few weeks literally,
• 15:31
  Speaker 3: we have seven trillion, which is a record for a year.
• 15:33
  Speaker 3: There's never been a year with that much. And that's
• 15:36
  Speaker 3: coming in I think for two reasons. It's coming because
• 15:38
  Speaker 3: of an election that people liked, and it's coming in
• 15:41
  Speaker 3: because of tariffs. And if you look at Apple, Apple's
• 15:45
  Speaker 3: going to start building here right now. They're in China
• 15:48
  Speaker 3: mostly five hundred billion dollars. We have the computer all
• 15:53
  Speaker 3: of the computer chip companies that are coming in at
• 15:55
  Speaker 3: levels that nobody's ever seen before. As you know, Jensen
• 15:59
  Speaker 3: came in for five hundred billion dollars. You saw that
• 16:03
  Speaker 3: great guy, highly respected, mister Way coming in for two hundred,
• 16:07
  Speaker 3: two hundred and fifty billion dollars. Nobody's ever seen anything.
• 16:10
  Speaker 3: And the auto companies are coming in. We can I
• 16:14
  Speaker 3: can name eight right now already auto plans that are
• 16:18
  Speaker 3: either starting or about ready to start construction. There's never
• 16:21
  Speaker 3: been in the United Auto Workers and the non union
• 16:25
  Speaker 3: workers in the automobile Indy see, they they love Trump
• 16:29
  Speaker 3: and I love them. Thank you all very much, thank you,
• 16:31
  Speaker 3: Congratulations Paul