[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"transcript-75cd10d8-445c-4cd1-aee0-a59484dbc090":3,"transcript-neighbors-75cd10d8-445c-4cd1-aee0-a59484dbc090":16},{"id":4,"youtube_url":5,"transcript":6,"created_at":7,"folder_id":8,"name":9,"upload_date":10,"is_public":11,"is_premium":12,"speakers":8,"persona":13},"75cd10d8-445c-4cd1-aee0-a59484dbc090","https:\u002F\u002Fwww.youtube.com\u002Fwatch?v=PzsmWY4ETK8","[00:00] President Trump:\nWell, thank you very much. It's been an interesting day from the standpoint of news. As you probably know, we've just seized a tanker on the coast of Venezuela, a large tanker, very large. Largest one ever seized, actually. And other things are happening, so you'll be seeing that later, and you'll be talking about that later with some other people. But very excitingly, for me and for the country, we've just launched the Trump Gold Card. It was about 30 minutes from now, the site goes up. And all funds go to the United States government. Could be a tremendous amount of money. It'll also be able to have people like this keep, as an example, just one example, there are a lot of examples, people just buying them. It's somewhat like a green card, but with big advantages over a green card. And companies are going to be able to go to the Wharton School of Finance, the Stern Business School, Harvard, MIT, wherever you may get your students, any school. And you're able to buy a card and keep that person in the United States, actually. So, the certainty because a lot of, I've heard from Tim Cook of Apple, and I've heard from a lot of people, some of the people at this table, that essentially in the United States you can't keep the student. You can't hire people from the best colleges because you don't know whether or not you can keep the person. They come and have the people get out, they throw the person out of the country, they graduate number one from your college and there's no way of guaranteeing, I guess you could say, there's no way of guaranteeing that they're able to stay in the country. Howard, maybe you'll give a little description of the Trump Gold Card, please.\n\n[02:02] Howard Lutnick:\nSure. So, for an individual, it's $1 million, and for a corporation, it's $2 million. And as the President said, for a corporation, they spend $2 million, they can then have an employee, full vetting. The best vetting the government has ever done, $15,000 vetting to make sure these people absolutely qualify to be in America. Absolutely qualify. Then the company can keep them here, and they have a path to citizenship. Right? Obviously, they have to be perfect people in America, and having passed the vetting, after five years, they'll be available to become citizens. And then the corporation can put someone else on the card. So, for a company, they can keep putting people on the card, one person per card. And for an individual, it's $1 million and it's a gift to the United States of America to help America be great again under Donald Trump.\n\n[03:04] President Trump:\nAnd it's really two gifts. It's a gift of getting somebody great coming into our country because we think these will be some tremendous people that wouldn't be allowed to stay. You know, they graduate from college, they have to go back to India, they have to go back to China, they have to go back to France, they have to go back to wherever they came from. Very hard to stay. It's a shame. It's a ridiculous thing. We're taking care of that. The companies are going to be very happy. I know Apple's going to be happy, but a lot of the companies, nobody talked to me more about it than Tim Cook. He said it's a real problem, and it's not going to be a problem anymore. As you know, they used to send people up to Canada and other places, other countries. So we solved that. And the other thing is it'll take in, we think probably billions of dollars that will go to the Treasury of the United States, that will go to an account where we can do things positive for the country. So it'll be a great thing. We'll take in, I think, you know, billions of dollars, many billions of dollars even. So that's very exciting. The Trump accounts are doing really well. We have a man on my right, Michael Dell, who's an extraordinary person. His wife, his wife is even more extraordinary. I think I can say that. They have such a good relationship, you don't know, but she's an extraordinary person, really. A great wife.\n\n[04:30] Michael Dell:\nAbsolutely.\n\n[04:32] President Trump:\nBut two great people. And as you know, last week, Michael contributed $6 billion 250 million. And this is just something that's so special. So many people are in love with that. He understood it right from the beginning. It was his idea, and he understood it right from the beginning. Could you give maybe just a little description of why you loved it for such a long period of time and we were able to get it through the great, big, beautiful bill basically. That's how, what gave us the authorization to do it. Michael, please.\n\n[05:07] Michael Dell:\nYeah, absolutely, sir. So, you know, when we first heard about this idea, the idea was that the government would give $1,000 to a newborn baby in an account that they would own, and it would go in essentially the S&P 500 and compound. And when the child becomes 18, they could use that money to go to college, to buy a home, to start a business, to continue saving. And, you know, I thought that was a great idea. I thought it'd be great if companies matched the government's contribution, which we're doing, and a lot of the companies around the table have committed to doing that. And also, the thought about this is, wow, this is going to be like a platform for families and communities and philanthropists to contribute to those accounts. And so...\n\n[06:01] President Trump:\nRight.\n\n[06:01] Michael Dell:\nWe originally started with the idea of, well, what if we gave some money to all the kids in our home state of Texas, right? We thought that would be a nice thing to do.\n\n[06:15] President Trump:\nThat's still a lot.\n\n[06:16] Michael Dell:\nYeah, yeah, there is. One out of ten new kids in America are born in Texas. It's quite good. Happen to be a fan of the state of Texas. But anyway, we thought about it some more and thought, you know, this is going to be something really special. We have a foundation that focuses on children, been around for 26 years. And we said, well, why don't we go bigger? And so we talked about it, and you know, now that the Investment America Act is a law, which that in itself was a incredible thing that occurred. It does create a platform, and we were super happy to announce that we would give, you know, $250. We arrived at $250 because next year will be the 250th birthday of America. And 25 million children, we thought that was a nice thing to do because it would include most of the children that are 10 and under that are not part of the government program, that live in zip codes where the median income is less than $150,000. And that was an also an important part of our contribution. And I do believe there will be a number of other large gifts announced. I've already spoken with a few that will be announcing gifts at the state level and more to come.\n\n[07:42] President Trump:\nThat's amazing. And it's amazing the vision you have, but that's why you're so successful, frankly. And to think that Michael started off with not a lot of money, I would say, right? Not too much. Like very little. And he can give a gift of $6 billion 250 million, and I know he said he's going to do a lot more. It's pretty amazing. It's really a beautiful thing to watch. So great for our country. So we have the Trump accounts are doing really well, and it's become, I have to tell you, just everyone's talking about them, you know, beyond what I would have even thought. And it's going to make some young people relatively very wealthy. And in some cases, I mean, they could really, they could really be off to a great start. So some people have had that advantage and some people haven't. But it's a wonderful thing. Thank you to you and your beautiful wife. Thank you.\n\n[08:38] Michael Dell:\nThank you, sir.\n\n[08:40] President Trump:\nSo it's a pleasure to welcome so many brilliant minds and distinguished business leaders back to the White House. I love these brilliant minds, including Michael Dell of Dell Technologies, who makes a great product. And I want to thank him for what he's done, what we just discussed, the accounts. We also are grateful to be joined by Enrique Lores of HP. So thank you very much, Enrique. Great job you're doing. Antonio Neri of HP Enterprise. Thank you very much.\n\n[09:13] Antonio Neri:\nThank you, sir.\n\n[09:15] President Trump:\nWhat's the difference between HP and HP Enterprise?\n\n[09:17] Antonio Neri:\nWe focus on the cloud, security networking, and large systems.\n\n[09:22] President Trump:\nThe cloud's good. People have done very well with the cloud. That's great. Arvind Krishna of IBM, who's actually become, I would say, a legend, the job he's done. He's taken this stock from a rather low price to a very nice price. I won't say high because I'm sure you're going to say it's going to go up a lot more, right? But I can't say a high price. But he took IBM into a new stratosphere that nobody, I think, saw. If you go back to before when he took over the company, you would have nobody would have even imagined that you'd be able to do what you've done. So congratulations, Arvind. You've become a very good friend. Cristiano Amon of Qualcomm. And thank you very much. Congratulations on the success.\n\n[10:04] Arvind Krishna:\nThank you.\n\n[10:05] Cristiano Amon:\nThank you.\n\n[10:13] President Trump:\nI know a lot about your company, you've done amazing. And executive director of the Technology CEO Council, Bruce Mehlman. So thank you very much. I think that these people know each other. We're going to be talking a little bit about technology today, and we'll take a few of your questions about technology. I'm sure you probably won't have too many of those questions, you'll be asking about some other things, right, Bruce? Our administration is committed to total dominance in technology. Right now, we're leading artificial intelligence by a lot. And I think, you know, you look at what's going up, and we're writing rules, regulations. We want to keep it at the federal government level, so it's simple for the companies, very important, frankly. And I think we're pretty well committed. I spoke to some of the senators today, and I think we're committed to do that. We want to make it as simple as possible, as easy because you're competing with some very big sources and we want to stay number one by a lot. We're leading the world in building new data centers and new semiconductor and chip manufacturing facilities and new capacity for AI. And we're unleashing all of the forms, literally all forms of energy, natural gas and oil, to clean beautiful coal and safe, reliable nuclear power. And I'm giving them approval to when they build these massive plants that cost $50 billion. You know, it used to be that for $50 million, you could build a nice little shopping center. But for $500 million, you could build one of the biggest, most beautiful centers. And now they're talking about $50 billion. So explain that one. These buildings are nobody, there's never been anything, there's never been anything like that. So you're all involved in that. It's pretty amazing. One year ago, our country was considered dead by many leaders throughout the world. And now we have what's called the hottest country anywhere in the world. We're the hottest country in the world right now. Ten months took us. I thought it was going to take longer, Michael, I really did. I didn't think we were going to have this success this soon. We have over $18 trillion being invested, much of it by, like you're in for a lot. What's the number that you're looking at?\n\n[12:37] Antonio Neri:\n150.\n\n[12:39] President Trump:\n150 billion.\n\n[12:40] Antonio Neri:\nYes.\n\n[12:41] President Trump:\nThat's good. I don't know, Michael, am I allowed to ask you? You already gave $6 billion 250 million. Do you have a have you stated a number that you're at for investment, future investment?\n\n[12:52] Michael Dell:\nWell, you know, if I if I think about all the, you know, investment that we make with the American companies that are adding capacity, particularly around semiconductors, it's it's several hundred billion dollars.\n\n[13:08] President Trump:\nI would think so. It's pretty good. Yeah, yeah. It's pretty good. It makes the six billion makes the six billion sound very very small. That's very good. Antonio, what about you guys? What about you and Enrique? How's that going?\n\n[13:24] Antonio Neri:\nWell, have you have you announced a number or anything? No, I'm actually happy to share with you, over the next few years, we're going to invest an additional 3.5 billion building secure manufacturing. We built the largest supercomputer for United States government that supports both the DOD and the DOE. So in the next 18 months, we're going to build the last, the largest five supercomputers that will keep United States ahead of the game, both in life science and AI, but also to keep ahead owning the entire stack at the national security level.\n\n[13:58] President Trump:\nGreat. Are you doing that separately? Are you doing that together or separately?\n\n[14:02] Enrique Lores:\nNo, we are totally separate companies. Totally separate. From our side, we invest in the U.S. about $19 billion per year. So if you look at the last five, next five, it will be close to $100 million, $100 billion. And we are going to be investing in AI at the edge, not only on data centers, but how to make AI available to customers in PCs, in headsets, in devices that they would be using every day, which is an unbelievable opportunity.\n\n[14:33] President Trump:\nSo it's over $100 over $100 billion. And you're doing well. HP is doing very well. That's great.\n\n[14:41] Enrique Lores:\nWe're competing hard with Michael, but we're doing okay. Are you are you direct competitors?\n\n[14:47] Michael Dell:\nYes. That's it. That's it. That's why they're on different sides of the table, sir.\n\n[14:52] President Trump:\nThe old days would say why don't you make a deal? I guess now it's not so easy to make a deal. We can have an arm wrestling match now.\n\n[14:59] Cristiano Amon:\nThat's good. And Cristiano, you've been amazing, right? Your company with the investments. How are you doing with the investment? We're doing great. I think, Mr. President, you have a great decision. I think when you drove our company to continue to be innovating, and I think we're doing very good. We're being in addition to doing phones, I think we're now our chips are going to every car company in the world, all the car companies. We're we're entering today robotics, there's a lot of there's a lot of growth in robotics and the data center. The new smart glasses are going to be the future mobile devices, industrial. I think a lot of the drive towards manufacturing in the country is driving a lot of technology for smart manufacturing. We're making chips for that. So I think we're very excited. And I think, like Michael, I think the number of industries our chips are being enabling is driving hundreds of billions of dollars of investments. And and most important for us, semiconductor manufacturing is very important. So we are going to be customer of the fabs they're being built in the United States by TSMC and Samsung. So we're just going to keep going forward.\n\n[15:53] President Trump:\nThat's great. That's great. Yeah, those investments are very important. And we are all customers of those fabs. Those two are my customers too. So, and memory stuff, memory? We don't we don't do memory. We do a lot of processing. Who is the king of memory? Uh, it's Micron and SK Hynix. Micron's another one doing very well. That's great. Yeah, I heard you're doing fantastically. Congratulations. Thank you. Thank you, Mr. President.\n[16:15] The stock market has set a 51, think of this, 51 all-time record highs during the last 10 months. 51. You guys are big beneficiaries. You're setting the records, right? It's amazing. 51 times we've hit a new high. And in the history of our country, if you think about it, 51 times during the last 10 months. And Bruce, let me ask you, you pull these people all together, how's it looking for technology? A lot of global competition, but you'd rather be playing our hand than any other hand in the world. I think so. We have a good hand right now, don't we? Joe Biden secured just really much less than a trillion dollars of dual investments in four years, and in 10 months, we secured more than $18 trillion. So 18 times the amount in 10 months what they did in four years. And they would have gone negative, they were going they were heading toward negative, in other words, not not a trillion dollars, but it could have been three or four or five trillion less because people were leaving. So it was a big turnaround. In 10 months, the $18 trillion, it's a record. There's never been a country that's gotten anywhere near that. In the Middle East, when I left the Middle East, we brought back $3 trillion and lots of Boeing airplanes, like 300. And Boeing gave me the award for the greatest salesman in the history of Boeing, which was a nice little award, heavy plaque. The greatest, I think I've sold a thousand Boeing planes, can you believe? Now all they have to do is make them. Okay? They gotta make them, but they will. But we have made historic trade deals with the United Kingdom, China, Indonesia, Vietnam, Japan, the EU, Malaysia, Cambodia, El Salvador, Argentina, Ecuador, Guatemala, Switzerland, Liechtenstein, Thailand, South Korea, and many others. And a lot of it's based on the November 5th election result, which was a massive victory. We won all seven swing states, the popular vote. We won the Electoral College by a landslide. We won the counties, the counties, they do a I don't know, to me, it's the most accurate of all in many ways. We're 2,700 counties against 525. That's pretty good, right, Cristiano? Pretty good. 2,700 against 525. 525. That's why when you see the maps, they're all red except for a little two little blue lines on the right and the left side of the map. They're probably changing too. Americans are great builders and in the Trump administration, America is once again a country where innovators get a green light. You have the greatest innovators in the world at this table and representing a lot of their friends who are competitors and friends. But we're we're really on a big move to get rid of red tape so they can run their businesses and not have to wait 10 years for an approval. In the old days, getting some of these approvals for plants that are already being built would have taken 10, 15, even 20 years prior to rejection. You get rejected. You'd work 20 years and then you'd lose 5 to 4. And we're getting plants approved in a matter of weeks. The biggest plants ever built in a matter of weeks. For every new regulation, we're slashing more than 10 old regulations. So we're not allowing regulations unless they slash 10 old regulations. We did that in the first term, and we cut more regulation than any administration ever. In our first term, we have the all-time record, I think we're exceeding it here. In fact, now it's 1 in 24 is the number we're at. It's 1 in 10 you have to do, otherwise we're not letting you do it. But we're actually up to 1 in 24, so we get rid of 24 regulations for every one. That's not a bad deal, right? And it's been very exciting, actually, but including we're allowing 100 in the great big beautiful deal, we're allowing 100% expensing for capital expenditures, including investments in factories and equipment and structure. So including even structure. So that if Michael goes out and builds a factory, you can you can take it against tax immediately, the whole thing. You don't have to wait 38 years or do it over a 38-year period. And I think that's what made the first tax cut, which we by the way got extended in this tax cut. So and you add it up, it's the biggest tax cut in the history of our country. But I think that the expensing factor, it's good for 10 years too. I think that's the maybe was the reason that so much growth was there were other reasons, but so much growth was gotten in the first term. So earlier this year, I said that the challenges of our time demand a new spirit of patriotism, a national loyalty in Silicon Valley, smart people, and from the whole technology sector. And that patriotism is on huge display here in this room with some of the most brilliant people. And I'd now like to ask Secretary Howard Lutnick to say a few words, and OSTP Director Michael Kratsios to also say a few words, and I look forward to hearing from Michael a little bit about this subject, Cristiano of Qualcomm, and Arvind, you'll say something and I appreciate it. And anybody else wants to say a couple of words, feel free. Good job. So why don't we start with Howard, please.\n\n[22:04] Howard Lutnick:\nSo the key to America's success is the amazing innovators that we have. I mean, we have invented everything from the lightbulb, transistor, GPUs, we are on the edge of everything. And we need to keep being on the edge, and the people at this table and this industry is why America's great. We need to build here. You know, for too many years, we innovated and we let everyone else build our stuff. And we we just can't do it anymore. So with President Trump coming and winning the election on November 5th, we changed that and now we're going to build it here. You've done everything you can and you've heard trillions and trillions of dollars of technology build coming home to America to protect and defend us and use our innovations here. You're driving interest rates lower, and you're going to continue to drive them lower. That makes it cheaper, it makes it more exciting to build here. You've blown out the regulatory deep state so that people can build here and do it fast. And the last thing is because of our investment in energy and to drive down the cost of energy for all Americans, including the people who are building here, drive down the cost of energy. It's great for America. Put all of that together and you are going to see the greatest growth the United States of America's ever seen. You're going to see north of 4% next year, and then it's going to go up from there to fives and sixes. This President's going to drive the greatest GDP growth, led by the tech sector coming home and driving growth.\n\n[23:39] President Trump:\nWell, thank you. You know, one of the things I'd like to say, just before going over to Michael and this Michael and then we'll have this Michael, right? But one of the things I'd like to say is in the old days, when you announced really good results in this country, the stock market went up. And that's the way it should be. And we're going back to that. Because otherwise you can never really attain true greatness. In other words, GDP at four, oh, it's four's so high, let's raise interest rates and kill it. And we're going to go back to the old days. When we announce great results, it doesn't mean we're going to raise interest rates and try and kill it. It means that instead of 4% GDP or 3%, which they said is so wonderful 3%, it should be able to be 20 or 25%. I don't know why it can't be. You shouldn't kill it. And so we hope that if this country announces great results because you're going to see great results over the next couple of years, all these plants, and I'm not just talking about AI, we have the biggest number of auto plants planned. Toyota just announced $10 billion in plants built in various couple of locations, few locations in the country just a little while ago. They're all coming here. They're coming here because of tariffs, because they don't want to pay tariffs, but they're coming here because of the election and the mindset. But when we announce good results, the market should go up. Now, it's when you announce good results, Michael, the market goes down because they say, oh, that means things are good. That means we're going to kill it by raising interest rates. I think it's really wrong. It should be the opposite of what it is now. It should be the way it used to be. We announce good results, the market should go up and we should keep driving it up and have it keep going up and let it be much, much bigger, much, much better. And, you know, growth doesn't mean inflation. They're always afraid that oh, if we have and if there is inflation, that's okay, then we can slow it down. But we should be able to do a lot better than three and four. We're scheduled to be at 4%, which is pretty amazing because we have a, you know, deadhead Fed Fed Hair. I mean, this guy, the head of the Federal Reserve is a stiff. And you know you fight that. It's amazing. We fight that and yet interest rates are going down, except with him, not too much. He did a he did a rather, I would say, a rather small number that could have been doubled, at least doubled. And that's the other thing. I think the rates for the United States are always the lowest in the world because without us, there is no world. Without this economy, there is no world. You know, you can go to some of these wonderful countries that you think are so great. Well, one of the reasons they're great is because we allowed them to get rich off of us. We didn't charge them anything. You look at some of the deals, I don't want to say use Switzerland as an example, but Switzerland paid almost nothing in terms of a tariff or tax or whatever you want to call it, license. They paid nothing and, you know, we're they're paying now. They're paying a fair amount. I had them at 39%, but I decided to be nice. I was nice and I think they like us a little bit better. But the money you're talking about is enormous. Our country is a very rich country. But if we do well, the market should go up and the value of our country should go up. And if we do poorly, the market then should go down. It shouldn't be the opposite. And if we go up, we should encourage it to go up more. And those numbers, when you say, you know, 3% of GDP or 4% of GDP, they should be much higher. So, you know, I wanted to say it, I do say it, I believe it, and we have to get a mindset that when a country's doing well, you don't want to kill the growth. That's what they're doing. They kill the growth. I don't know if you guys even agree with that. They kill the growth because they're so afraid of inflation. But you can have tremendous growth without inflation. Everything everything goes up with the growth. But that's not inflation. So I think we can do much better than traditional numbers. And you see that. You see that with what we're doing. We're leading in everything. And now, and remember this, as far as prices are concerned and they talk about affordability, I inherited the worst inflation in the history of our country. They say it was 48 years, but I say it was the history. What difference? It's 48 years they were telling me, and they said I was being inaccurate because I said the history. I think 48 years is a long time, but it's actually I disagree, I think it's the history. So, in the Biden administration, I inherited the worst inflation in the history of our country, of 48 years. And prices were very, very high. I brought the prices down. We had yesterday three states where oil was at $1.99 a gallon. How about that? And you know, with these guys, it was $4, $4.50. In California, it was like $7 because that's a badly run state. But the price for oil and gas and energy is so big, it's so big a category, you don't even know what number two is. There is no number two. And when you have the prices coming down for energy like that, you've killed inflation and you're lowering prices. So, I inherited very simply the highest prices in history, and I'm bringing them down really fast, led by energy. And when energy comes down, everything else comes down. But I've only been here a short while. We gave them a beautiful, beautiful thing and they destroyed it. They would have destroyed our country had they been allowed to stay. If they if we didn't win this election, if we had Kamala, who's the same as Joe, low IQ people, but if we had Kamala as you probably you would have a country that would be right now in ruins. I believe that 100%. Things would be in a state like nobody's ever seen before, worse than anything you've ever imagined. Worse than 1929 in my opinion. Instead, we have the hottest country in the world, and we're going to keep it that way. But just to finish, we inherited high prices, we're bringing them down very rapidly and we're bringing them down to very, very good levels. They'll soon be down at very good levels. Michael, please go ahead.\n\n[30:44] Michael Kratsios:\nAbsolutely. Um, as everyone in this room probably knows very well, leadership in science and technology has been foundational to our economic and national security for for decades. And because of the policies that you have championed and the private sector partnerships that you have made, America currently is leading the world in S&T, and it's benefiting all Americans every day. The one thing that I want to remind this group of, and many of you know, you know, the President has been arguing for American leadership in AI well before ChatGPT was even invented. The President signed executive order on artificial intelligence leadership in 2019, which set the stage for the revolution that we're seeing today. Um, in the past year, we built on that. We signed out the AI Action Plan in July of this year, which the President launched here in Washington along with three EOs. Um, and I know a lot of that effort is around creating a regulatory environment to allow for companies like yours to thrive, and for the applications that you build to have the biggest impact on Americans every day. So thank you for everything that you do, and I know we're going to keep working together to make sure that America is the home for the next great technological discoveries.\n\n[31:51] President Trump:\nAll right, thank you, Michael. And Michael.\n\n[31:54] Michael Dell:\nThank you, sir. Um, well, look, we greatly appreciate the focus the administration has on lowering energy costs. And, you know, energy is the substrate of manufacturing at the industrial level and really a an incredibly important input to the economy. We can't uh be competitive without a super low-cost energy industry. And had a great meeting earlier today with Secretary Wright and really appreciate all the work that he's been doing. This is of course incredibly important when it comes to AI because it does consume a great deal power, all the semiconductor manufacturing consumes a great deal of power. Another big area of focus for us is how we can take all this great AI technology, the AI stack of of the innovative companies here in in the United States and sell that around the world. And and so I'd like to ask Arvind to to speak a little bit more about this. Arvind?\n\n[33:07] Arvind Krishna:\nThank you. Uh, so Mr. President, first, we really would like to thank you for everything you're doing for economic growth, as you said. I completely agree with you, economic growth then drives a lot of other benefits to everything else. We also want to thank you for all the work you're doing on deregulation and making things easier for business to participate in that growth. Uh, Michael spoke of the AI stack. It's incredibly important that under the action plans that you have laid out and Michael Kratsios has just spoke of, we really uh help promote the AI stack, which is not semiconductors only, those are incredibly important, but it's semiconductors, it's software, it's the systems which many of us here build, and it is the software applications on top. The ability to take those to all of our friends in countries, so all the friendly countries, is going to be very, very important. And we wish to work with your government to make sure that we can do that, because otherwise we're afraid that competing countries are going to be able to get that stack. So we would say that.\n\n[34:14] President Trump:\nAnything we uh that you're looking at that we can help you with, so that you create a bigger and better IBM and hire a lot more people, anything you need?\n\n[34:25] Arvind Krishna:\nA few countries, uh we'll speak to members of your administration to make sure that those can go, and that uh barriers get lowered for being able to do it quickly. We agree guardrails are necessary, but lower barriers would be very, very helpful.\n\n[34:39] President Trump:\nYou mean tariffs?\n\n[34:40] Arvind Krishna:\nNo, because are they are these country tar are they tariffing you and you know making your life difficult? Are they doing anything else to make your life difficult? It's it's the ability to take certain systems which have semiconductors inside them into these countries. So right now, because we have our controls on where all the semiconductors can go, then the entire system is restricted. That's what we want to do, the same as you've done for other industries.\n\n[35:04] President Trump:\nHow many countries do that?\n\n[35:06] Arvind Krishna:\nUm, probably a half dozen. So so...\n\n[35:11] President Trump:\nI can tell you the countries already, I know. I know every country very well. And we have ways of combating that quickly. So you'll let me know.\n\n[35:19] Arvind Krishna:\nAnd the last part I'd like to say is, I'd also like to thank you for all that you're doing to help modernize government itself, because we think that that's incredibly important. We know you've made a number of announcements, but a couple that I'd just like to point out, we worked with Commissioner Frank Bisignano to help make Social Security better. So I would like to thank you for your help on that. And we'll work with him on making IRS...\n\n[35:43] President Trump:\nHe's done a fantastic job. Yes. Frank's great. He's done a great job. Frank, he's had a great career, actually. Left a tremendous career, where his salary, I think, was a hundred times greater than it is now. And he was at JPMorgan Chase, and he's doing a fantastic he did a great job at Social Security quickly. And we hope to help him replicate that now at the IRS as well. Very good. Thank you very much. Good job. Cristiano, please.\n\n[36:06] Cristiano Amon:\nYes. Just a few points. I have to First of all, Mr. President, thank you for your vision. I think thank you for understanding the importance of uh the American uh private sector and industry. I think in the growth of the economy. I want to just build on some of the things that were said by my colleagues. I think we have uh built probably one of the most advanced uh technologies in the world. And part of it is because I think the commitment to innovation that we have in the country, but also the fact that it has been American technology for the world. So I think we have an incredible opportunity when when I think about what uh Michael said about exporting AI. I I had conversation with Secretary Howard now that the trade deals been made is an opportunity to really build on those trade deals and export I think uh America technology. And also as we think about the technology, it's an important vector to drive the reindustrialization I think of the country uh with technology. So we're incredibly excited about that. I think this is a big opportunity. I think it's the next um wave of uh growth that we can build on those trade agreements. And I think it resonates with uh also Arvind said about the importance of the American technology stack. And then I would just going to finish with two points. There are two exciting things happening in the world of technology coming right now. One is as AI become the new form of computing, AI is going not only to the data center, but to everything. To cars, to PCs, and we see now the ability to run models that you could only run AI in the data center, you can run that on a microcomputer, on a computer for Enrique, on a server uh with small server uh on-premise. So I think we're going to see the proliferation of AI. The other one is 6G. Um, we had made commitment working with your administration, working with FCC, we're going to accelerate 6G. We're working to have a launch first in the world in at LA Olympics. And I think that's another opportunity for America to lead uh in the next world as evolution. So thank you. I think thank you for the opportunity, thank you for the partnership, and we're going to be hard at work, I think, driving that agenda.\n\n[38:20] President Trump:\nSo we're into 6G now. I just finished 5G. I was I was a leader on 5G, getting that done. And now they're up to six. Let's do it again. And what does that do, give you a a little bit deeper view into somebody's skin? See how perfect it is. I like the cameras in the old days, they sort of just had a nice feature. Now they cover every little... Let's see you, Michael. Well, you're in good shape, you're not going to... But I tell you, it's so you're the six is coming, huh? It's coming. Does it ever end? And what happens? You'll be into seven, right? Before six gets old, you'll be into seven. Anybody have anything else to say? Anybody?\n\n[39:00] Enrique Lores:\nI think the other thing is, we want to thank you as well for the openness of your organization and the of your team. We always find people that wants to hear what we need and is willing to uh design programs that will support us. So thank you from all of our side.\n\n[39:15] President Trump:\nWell, we're here, and we want you to just dominate the whole world in terms of what you do. It's a very important world, and you're doing that. And we'll make it easy for you, and that means you're going to do it faster, it's more jobs, and a lot of good things happen. Right?\n\n[39:30] Antonio Neri:\nYes. Mr. President, uh you may not recall, but in your first term, you you actually sponsored the Department of Energy to build the largest systems ever built. And thanks to your sponsorship, the Department of Energy owns the three top supercomputers in the world. And we built them with them. And these are systems that can do quintillion operations per second. And that means we can solve...\n\n[39:52] President Trump:\nI knew, I knew, I loved it. We made that possible. It's worked out very well. Good, solve the problem. So I know we're going to build the next generation again.\n\n[39:59] Antonio Neri:\nGood. Sounds good to me. Any questions, please?\n\n[40:04] Press:\nMr. President! Mr. President, thank you. Can you also explain a little more about this Venezuelan oil tanker and share a little more information?\n\n[40:11] President Trump:\nWell, I'll let the people do it, but you see the result and I guess they probably have released the pictures by now or pretty soon. You'll discuss that with the appropriate people later on, but no, it was seized for very good reason.\n\n[40:26] Press:\nMr. President, a question on Cuba. Sir, there's a new proposal from DHS that would see tourists from a lot of countries have to hand over five years of social media history to to get a tourist visa. Are you concerned at all that if that's implemented, there would be a decline in tourism next year, and what sort of material do you think...\n\n[40:41] President Trump:\nNo, we're doing so well, we just want people to come over here and safe. We want safety, we want security, we want to make sure we're not letting the wrong people come into our country. We're getting rid of a lot of bad ones from jails, from from mental institutions, drug dealers. We're getting a lot of a lot of bad people, murderers. 11,888 murderers, half of them, almost exactly half of them committed more than one murder. We're getting rid of them. In some cases, we don't even want to get them out. We put them in jail because we're afraid they're going to come back into our country. We're not going to let them back in. So we've taken a very tough stand and you see where we've been, like Washington DC now, people walk down the streets, they go into restaurants at night. It's beautiful. It's like this beautiful thing to see because until I got here, this was a very, very bad place. We had a terrible thing happen two weeks ago with terrorism with regard to two national guards people that are so phenomenal. One is no longer with us and one, amazingly, we weren't looking with great hope on that, you know that Andrew. And today he got out of bed actually, got stood up, didn't say anything, it's a little early, but the chances of Andrew, other than his mother who said, nope, he's going to be okay. His mother was the most positive person. And could be that she'll be right. It's pretty amazing. Made made progress. It was both of them were so badly hurt we never thought that one could survive, so looks like Andrew's doing pretty well.\n\n[42:23] Press:\nMr. President! Mr. President, the winner of the Nobel Prize dedicated the prize to you, the Nobel Peace Prize. And she left Venezuela in a great race to make it to the ceremony. Um, there is a risk she could be arrested actually. What would happen if she is arrested? What message do you send or would you send to Nicolas Maduro?\n\n[42:38] President Trump:\nWell, arrested by who? The Nobel Prize Committee? That's that's probably the ones that would arrest. No, I don't know anything about it. She was very gracious. She said I should have gotten the Nobel Prize. And I don't, you know, I mean I'm doing this to save lives. I'm not doing it for any other reason. But no, I don't like if she would be arrested, no. I wouldn't be happy with that.\n\n[42:59] Press:\nMr. President! Oil tanker. Senate Republicans currently have a healthcare proposal that would take away let those ACA subsidies expire and then put about $1,000 in people's HSAs. Do you think that is enough money and how do you ensure that people who will see those tax subsidies expire won't see their healthcare costs skyrocket?\n\n[43:21] President Trump:\nWell, the Unaffordable Care Act, which is Obamacare, they call it now the Unaffordable because it's unaffordable. It used to be called the affordable, but it was never affordable. It was always bad. It was basically designed for the benefit of insurance companies. And what we're doing is we want all of the billions and billions of dollars that went to insurance companies to go directly to the people, and they can buy their own healthcare. And people love it. I don't know if the Democrats are going to approve it because they want the insurance companies to make money. It was a scam. Obamacare was a scam. Uh, but we're going to see. I mean we, the Republicans, I can tell you, want the money to go to the people and we're winning that battle. The Democrats having a hard time with it because they're in the pocket of the insurance companies. Yes, please.\n\n[44:09] Press:\nMr. President, you spoke to some European leaders today, I think, sir. My correct. I did. Could you tell us about that and and is there a new revised peace plan for Ukraine that was presented?\n\n[44:18] President Trump:\nThe leaders of France, who I spoke to, and Germany, and UK, all very good leaders, very good friends of mine. And we discussed Ukraine in pretty strong words. And we'll see what happens. I mean we're waiting to hear answers before we progress. You know we're we're not spending any money in Ukraine. We're we're selling equip basically missiles and everything else to NATO. And NATO's paying us, and then they distribute it to who they want. I guess they're mostly distributing to Ukraine, but but we're not spending money. But you know we are spending a lot of time and a lot of effort because last month 27,000 soldiers were killed. Both, think of it, 27,000. That's if you take a football game and take half the stadium, that's 27,000. So 27,000 soldiers were killed. Russian and Ukrainian soldiers were killed. And I want to see that stop. We'll find out. Look, there are a lot of things happening right now. A lot of people say it's closer than it's ever been. It's a war that would have never star if I were president, it would have never started. It's a war that should never have started. But we'll we'll have it figured out, I think, within a pretty short.\n\n[45:35] Press:\nWhen you say in very strong terms, sir, could you explain that?\n\n[45:38] President Trump:\nWell, I think we had some little disputes about people. And we're going to see how it turns out. And we said before we go to a meeting, we want to know some things. You know, they would they would like us to go to a meeting over the weekend in Europe, and we'll make a determination depending on what they come back with. We don't want to be wasting time. Sometimes you have to let people fight it out, and sometimes you don't. But the problem with letting people fight it out is you're losing thousands of people a week. It's ridiculous. The whole thing is ridiculous. Two questions. One, the oil tanker. Who owns that oil tanker? You'll get that information later. Okay. And have you spoken to Maduro since your last conversation, or has it only been one conversation? No. No. And when you say that the European leaders want to have a meeting over the weekend, are you talking about with Zelensky or with them? With Zelensky and us. And you said in an interview yesterday that you think it's time for Zelensky to start accepting things. What things are you talking about? Well, I think he has to be realistic. And I do wonder about, you know, how long is it going to be till they have an election? You know, it's a democracy, it's a long time. They haven't had an election in a long time. He's losing a lot of people. And it's possible that the people, you know, if you look at the polls, I will say 82%, there was a poll that came out, 82% of the people are demanding a settlement be made. Ukrainian people. They want to see a settlement be made. I understand that. They're losing thousands and thousands of people a week. They want to see it ended. And I do say, you know, at what point when do they have an election in Ukraine? That's not casting dispersions on anybody, but they do have a massive corruption situation going on there. And they do say, you know, when when are they people are asking this question. When do they have an election? Are they going to have an election? Or are they going to just keep it going like this? So I think it's time to get that war settled. And I think it's a war that can be settled. But it takes two to two to tango.\n\n[47:58] Press:\nMr. President! Mr. President, what more about the new owners of Warner Brothers Discovery potentially make changes at CNN, big changes, and they've spoken to Jared about it. What are you doing with him or what are your thoughts on CNN off hand?\n\n[48:08] President Trump:\nSo, what do you want to know? What changes do you want to see at CNN under new ow Well, I'm not involved in that. I will be probably involved, maybe involved in the decision. It depends. You have some good companies bidding on it. I think the people that have run CNN for the last long period of time are a disgrace. I think it's imperative that CNN be sold because you certainly wouldn't want to put people just leave those people with some money, good money, and CNN so that, you know, they can spend even more money spreading poison because it's lies and it's a disgrace. So I wouldn't want to see the same company end up with CNN, the same company with money, because right now they don't have too much money. But they have value, I guess, based on the bids. They've got value. But I think I think CNN should be sold because I think the people that are running CNN right now CNN right now are either corrupt or incompetent.\n\n[49:07] Press:\nAnd would would that be a factor in the decision-making? Because, you know, we've got some...\n\n[49:10] President Trump:\nWell, in my in my mind, but I'm, you know, I can be talked out of that by some very talented people that we have, antitrust people. But I just think that the people that have run CNN into the ground, by the way, nobody watches, very few people watch, I don't think they should be entrusted with running CNN any longer. So I think any deal should it should be guaranteed and certain that CNN is part of it or sold separately. But I don't think the people that are running that company right now and running CNN, which is a very dishonest group of people, I don't think that should be allowed to continue. I think CNN should be sold along with everything else.\n\n[49:51] Press:\nMr. President, you spoke about affordability earlier in your remarks and yesterday in Pennsylvania. How much more can we expect to see you on the road kind of delivering that message, and are you worried at all about the Democrats winning back control of the House or pick up a few more things in Miami and Georgia?\n\n[50:04] President Trump:\nI don't worry about it, you know, it's like statistically, it's amazing. When you win the presidency, even if you win by a landslide like we did, and even if you do a good job, and some people say we've done the best opening 10 months in history, you know, in the history of the presidency. I think we have. Who who's done better? We ended eight wars. We have the strongest economy, we have $18 trillion coming in, which is more than any country had times, I think, five or six. $18 trillion is a lot even in your standard, right? Even for that guy, $18 trillion's big numbers. We have $18 trillion coming in. Pretty amazing, right? I think Qualcomm would be very impressed if they had even a little piece of that. That's but uh so we've done a great job. But for whatever reason, and nobody has been able to give me an answer, when you win the presidency, you seem to lose the midterms, even if you win the presidency by a lot and you do a great job as president. You know, some presidents have done good and they've lost. I think it's like two times in the last many, many years, it's been won. I don't know why, it doesn't make sense. Usually, I can figure things out, but I don't know why, but that seems to be. But other than that, we should win because we're doing great. The economy is roaring. I think the economy's only going to go and, you know, better with all this money pouring in. We have factories being built. And forget about AI, we have AI more than anybody. We're leading AI by a lot. But we have many car companies coming in from Canada, from Mexico, they're close up they're coming in from Mexico, they're coming in from Canada, from Japan, from Europe, all over Europe, Germany, all over Europe. Uh, I mean we're doing great. But for whatever reason, it doesn't matter how well they're doing, you know, good and bad. The bad you understand. But when even when a president is doing well, they seem to not do well in the midterms. So we're going to try and change it. There should be no reason for it. If anybody at the table can figure out, Bruce, some nice psychological reason. But uh so I want to win and winning the midterms is important. People want us to win the midterms, and I think you know we have we have great spirit. We should win the midterms, yeah.\n\n[52:24] Press:\nMr. President! Under Joe Biden's administration, um during COVID specifically, uh Biden removed the safety standards on abortion drugs. Now I'm hearing from a lot of pro-lifers that they're very anxious because yesterday Bloomberg reported that your FDA is slow-walking a review of the abortion drugs that uh Secretary Kennedy promised. How soon do you want to see that?\n\n[52:41] President Trump:\nYeah, I don't know. How I'll find out, I'll ask them. Do you want to see it speed up? I don't think they're slow-walking anything, but I'll find out. The other...\n\n[52:49] Press:\nMr. President, any update on the the clashes between Thailand and Cambodia, sir?\n\n[52:53] President Trump:\nYeah, I think I'll have to make a phone call. I was going to say that the Thailand and Cambodia, one of the eight that I settled, they've been fighting for a long time. They've been fighting for a very long time, many, many, many decades. But I got along great with both. I found they were two great leaders, two great people, and I settled it once. I think I can do it pretty quickly. I think we we're scheduling a phone call tomorrow.\n\n[53:20] Press:\nWith Thailand?\n\n[53:21] President Trump:\nWith Thailand. With Thailand, if you you know, just to answer Steve, with Thailand and Cambodia, I think I think I can get them to stop fighting. Who else can do that? Think of it. Settled eight wars. Every once in a while, one will flame up again, and I have to put out that little flame, have to put it out, but we're going to put it out again. So I think I'm scheduled to speak to them tomorrow and see if I can. It was it was unfortunate what happened. I mean I know exactly what happened, it got it started a little bit, but uh we'll see if we can put it out.\n\n[53:57] Press:\nWe're interested in the seizure of this tanker. What happens to the oil on that ship?\n\n[54:01] President Trump:\nWell, we keep it, I guess, huh? Where does it go? What port does it go to? Well, you have to follow the tanker. You know, you're a good newsman, just follow the tanker. Do you know where it's going? Follow follow it, get a helicopter and follow the tanker. But we're going to I assume we're going to keep the oil.\n\n[54:17] Press:\nMr. President, on Fed Chair, Kevin Warsh says you would away announce your decision within the next two weeks. Is that correct?\n\n[54:23] President Trump:\nI don't know. Maybe. Are you doing your interviews with finalists today? Well, I'm meeting with Kevin Warsh today, so I'm meeting with him and I sort of have a very good idea what I'm looking for. Again, I'm looking for somebody that will be honest with interest rates. That's all. I just want honesty. Our rate should be much lower. Our rate should be the lowest rates in the world because all these countries that you see, you know, with low rates, many of them are low because of us, because they suck so much money out of us. But that's not happening anymore. We should have the lowest rates in the world. And without us, none of them really exist as an economy. I mean I can show you these really prime, really wonderful countries, they've had nothing but success. It's because they they took so much out of the United States. I mean it's one of those little problems. Uh, I want to see that when we do well we're rewarded for doing well, not the way it's been for the last pretty long period of time.\n\n[55:24] Press:\nAre you asking for finalists to pledge to lower rates? Are you asking these finalists to pledge to lower rates if they become the chair?\n\n[55:29] President Trump:\nNo, no. I'll be asking questions and I'll be able to figure it out.\n\n[55:33] Press:\nMr. President, you have three countries sending drugs to the US: Mexico, Venezuela, and Colombia. And you talk to the President of Mexico, you already talked to Nicolas Maduro. Have you considered talking to the President of Colombia, whom you called a drug leader?\n\n[55:46] President Trump:\nNo, I haven't really thought too much about him. He's been fairly hostile to the United States and I haven't given him a lot of thought. Uh, he is uh he's going to have himself some big problems if he doesn't wise up. Colombia's producing a lot of drugs, a lot of they have cocaine factories that they make cocaine as you know and they sell it right into the United States, so he better wise up or he'll be next. He'll be next too. And I hope he's listening. He's going to be next too. Because we don't like people when they kill people and they sell drugs, they kill them in the United States. And Colombia is a major manufacturer of drugs, meaning cocaine in particular, as you know.\n\n[56:32] Press:\nUm, thank you, Mr. President. Thank you. Multiple House Republicans in recent weeks, days have been critical of Speaker Mike Johnson. I wanted to ask if you're still confident in the Speaker to keep his conference together ahead of the midterms and how often are you speaking with him?\n\n[56:46] President Trump:\nI think Mike Johnson is great. You know, he's had a majority of two, three, four, then back to two. We actually had one. So we were one heart attack away from disaster. So everybody prayed for everybody's health. I think Mike Johnson's been a fantastic Speaker. I mean a very hard job because, you know, when you have a small majority and we got the biggest bill in the history of our country approved. The Great Big Beautiful Bill. I call it the Great Big Beautiful Bill. There are different names for it, but to me it's the Great Big Beautiful Bill because it gives the biggest tax cuts in history, the biggest regulation cuts in history, no tax on tips, no tax on Social Security, no tax on overtime. I think Mike Johnson's been a great Speaker. I think few people could have done that job.\n\n[57:34] Press:\nDo you want to see another big package move through Capitol Hill in the next year or...\n\n[57:38] President Trump:\nWell, we don't need it because we got everything, you know, this was supposed to be 17 bills. And I think it was my idea, but you know, with the concurrence of people that have done this a long time. I said why don't we make it in one bill because it's very hard to get things approved by the Democrats. And it worked out because there was something good for everybody. If we would have done 17 bills, we wouldn't have gotten a third of them approved. It was something great for everybody in the one, you know, the Great Big Beautiful Bill. Right?\n\n[58:07] Press:\nJust to follow up, it's good to see you, Mr. President. To follow up on the event last night in Pennsylvania. Huge crowd turned out there. Yeah, big crowd. It seemed like Rally Trump was in prime condition last night, you enjoyed it. Can you just give me your thoughts on that and then I do have a question on the Gold Card.\n\n[58:22] President Trump:\nLast night was amazing in Pennsylvania. We had a tremendous crowd. It was like freezing and the people the thousands of people on the sidewalk trying to get in or the streets. Uh, it was an amazing uh evening, actually, and I think people really enjoyed it. I enjoyed it, you could tell that. I can tell that you enjoyed it. I enjoyed it, I really. Well, you know, it's easy to enjoy when you do a good job and, you know, when you can talk about things in a very positive way. It's hard not to say. We have potentially the greatest economic boom in the history of the world. It's being built right now. And when it opens, there will be nothing ever in history like what's happening in our country. And, you know, Washington DC is safe and Memphis is now look at Memphis crime is down 60% in Memphis. We just got there three weeks ago. And uh we're going to have uh New Orleans, New Orleans was we just sent a group of people there and crime is down 28 28% in about three days.\n[59:31] No, we do a good job. You know, and these are central casting people. These people are they're very tough people if they have to be. They're very good, they're great patriots, but they are the toughest and uh they don't take any nonsense. And every place we go, we we knock down crime. Too bad that we're not invited more into Chicago because we could save Chicago very quickly. Uh but even that, we're doing it on a minimal basis until, you know, at some point we'll just go in and do what we have to do if the Governor doesn't wise up. They got a bad Governor, they have a bad Mayor. I would say they're both incompetent, but it's hard to believe that people don't want to stop crime. We could stop the crime in Chicago in about two weeks. Go ahead.\n\n[60:18] Press:\nMy question is on the on the Gold Card. Is it and I apologize if I missed the answer to this, is there a limit to how many gold cards these companies can buy?\n\n[60:27] Howard Lutnick:\nSo, the the program is part of the already approved visas. So we're just going to have great people come into this country. You know, the average green card holder earned less than the average American. So they were more likely to be on the dole and be on our assistance programs than average Americans. And the idea is from President Trump he wants to raise it, bring in the best people into America. So same visas, but now just full of the best people.\n\n[61:02] President Trump:\nBasically, it's a green card, but much better. Much more powerful. A much stronger path. And a path is a big deal. Have to be great people, but much stronger path. And it also in addition to that helps companies because not only for companies, but uh if IBM uh gets somebody number one in his class at the Wharton School of Finance and you're dying to get the person, but you can't guarantee the person stays in the country because often times they'll say I'm sorry, sir, you gotta get out of here, you have 24 hours, right? And you say where's my employee? Uh now IBM can buy a card and that employee can be there for essentially a very long period of time.\n[61:48] It was it's so needed for the companies. You know, it's needed for others too, but really it's basically a much better form of a green card and you can't get green cards. They are impossible to get. This is much better than a green card. Yeah.\n\n[62:06] Press:\nYes, sir. Did you tell Bruce Blakeman not to run for Governor or that she should think about not running for Governor?\n\n[62:10] President Trump:\nI haven't spoken to First of all, he's a friend, she's a friend. These are two great people running. In a way, I hate to see them running against each other. I hope they're not going to be damaging each other. But Elise is fantastic and Bruce is they're two fantastic people. And uh I always hate it when two very good friends of mine are running, and I hope there's not a lot of damage done. Sometimes it works the other way. The victor ends up being much stronger because of it. A lot of times that happens in politics. Do you think that over the next couple of months, we'll actually see who who performs well Well, I think in New York we have a convention toward the end of February, and I think you'll know pretty much at the end of February what's going to happen, and I'll probably have to, you know, do what I want to do. But I hope he's running, as you know, and she's running. We have two very talented people. Either one should win against the Democrats.\n\n[63:10] Press:\nMr. President! Mr. President, another legacy story lately focuses on one of your cabinet members predicting you're going to fire this one or you're going to get rid of that one. Of all your cabinet members, who would you perceive as the most under attack?\n\n[63:22] President Trump:\nWell, I I think my cabinet's fantastic. I read the same stories that I'm unhappy with this one or that one, and I'm not. I think the cabinet's done a great job. Uh I read a story that I was unhappy with Pete because he was attacking drug dealers. I said that's not exactly right. I would say very much the opposite. Pete Hegseth has been phenomenal. Uh I read a story recently I'm unhappy with Kristi. I'm so happy with her. I mean we have a closed we have a border that's the best border in the history of our country. Why would I be unhappy? She's fantastic, actually. No, we have a fantastic cabinet. Really fantastic cabinet. I mean Lutnick I'll have to think about, no. Can't have everything. Can't have everything. He's doing great. Well, Howard's done really well and Scott's done really well. We have just a fantastic cabinet. Uh I'll tell you who's doing a great job is Linda McMahon. We're bringing education back to the states where it belongs. Education is going we can't do any worse than we're doing right now. Let the states run it. You know, if you go back to some of our states that are run so well, so good, uh I would say 40 of them, and then you'll have trouble with five and you have bigger trouble with another five. But you have 35 or 40 states that will run education as good as Norway or Denmark, Sweden. Uh we have uh some, you know, the heads of the list are Denmark, Norway, Sweden, a few others. Uh I think if you go to Iowa and you go to Indiana and you go to I can name uh a lot of states. I think it would be almost the equivalent or maybe better. But you can't run a school system in Iowa from Washington DC. Yeah.\n\n[65:21] Press:\nSir! Sir, the the Gaza plan, when do you expect to announce the members of the board of peace, the leadership for that?\n\n[65:27] President Trump:\nWell, we'll do it early next year. Early, and the board of peace are going to it'll be one of the most legendary boards ever. Everybody wants to be on it. It's mostly going to be, I guess, you know, we weren't thinking about it that way, but they want to all do it. Uh basically it'll be the heads of the most important countries. They all want to be on. It wasn't really planned, we you know we thought we're going to get very distinguished people that do that kind of thing for a living. But really, it looks like it's turning out to be they they want to be on, the heads, the kings, the presidents, prime ministers, they all want to be on the board of peace.\n\n[66:09] Press:\nMr. President! One follow-up to last night's rally. Can you clarify, you have called the affordability crisis as a Democrat hoax, but you also want to make America affordable again? Can you explain that?\n\n[66:18] President Trump:\nNo, the the word that they use is a hoax because they're the ones that caused the problem. I'm only No, I'm talking about when you, you know, you're trying to say it a different way. Now, it's pretty simple though if you listen. Uh it's a hoax where they created the problem. They're the ones that gave the high prices. So when they use the word affordability, they shouldn't be using that word because they're the ones that created this problem. Uh they created the highest inflation in history and they created the highest prices in history. And now we have to get those things But what they go they look and they say affordability, they never discuss it, they just say the election's about affordability. Well, it may very well be. I think it's also about still the border. You have to remember the job, you know, the sad thing is uh for seven months we've had no people come through our border. Nobody can even believe it. Zero people. And the people that do that are largely Democrats, which the people that do the stats. Uh we've had no people come in other than coming in legally. Um but if you take a look and nobody wants to talk about that. In fact, last night I said let me talk about the border, and my own people told me sir, nobody cares about the border anymore, you've fixed the problem. I said do I get a little credit for fixing a disaster where millions of people a month would flow into our country and, you know, from prisons and from gangs and from drug dealers and everything mental institutions. They say sir, you fixed the border, nobody cares. I say but I care. It's sad when you fix something and then you can't even use it, you can't talk about it, they my own people don't want to talk about it anymore. But uh the here very simply, the Democrats created the worst crisis of inflation that this country's ever had, and with that came the highest prices that we've ever had, and I'm fixing it.\n\n[68:20] Press:\nMr. President! Has Secretary Hegseth told you why he hasn't released the video of the second strike?\n\n[68:25] President Trump:\nNo, he hasn't told me. I thought that issue was dead, I'm surprised you bring it up. You must be you must be CNN. Are you CNN? Are you CNN? I am CNN. Oh, so you I'm shocked to find out. The lawmakers are still talking about it on the Hill. Well, I'll tell you, I don't know about lawmakers. Which lawmakers are you talking about? Democrats. You're talking about Democrats. Just the Democrats are talking about trying to release it. You mean the people that uh you work for, the Democrats? You know you work for the Democrats, don't you? You're basically an arm of the Democrat Party. Uh thank you very much, everybody. I appreciate it. Thank you. Thank you very much.","2026-09-04T15:11:24.247513+00:00",null,"President Trump Participates in a Roundtable, Dec. 10, 2025","20251210",true,false,{"name":14,"slug":15,"image_url":8},"Donald Trump","donald-trump",{"prev":17,"next":20},{"id":18,"name":19},"6b07be70-db3e-492b-9155-5a8f2cff835a","President Trump Delivers Remarks at the Congressional Ball",{"id":21,"name":22},"f42ed514-23e8-43a8-9b43-4b21dbbd45b6","President Trump Participates in a Roundtable"]