President Trump (00:00):
Sports, transgender mutilization of your children and chaos and bedlam all over the world. Other than that, they did quite a good job. In less than 18 months, we've turned around four years of disaster. We now have the strongest border in American history. We went from the worst border, I believe, of any country in history. 25 million people came through in four years. And these are people that in many cases you don't want. They were murderers. They were drug dealers. They were people that you do not want. But now we have the strongest border in American history. And for the last 15 months, the report just came out again, we've had no people coming in through our Southern border, zero. And it's almost hard to say because you'd say, "Is that even possible?" They had 25 million people came in. We have no people coming in through illegally through our Southern border. And that's in history. So think of that zero, a big, beautiful zero.
(00:55)
The murder rate saw its single largest drop ever recorded to the lowest in 125 years. Think of it. It goes back to 1900, lowest murder rate in the history of our country. So that's something. Today, I just want to mention that we heard in Minnesota there was a cyber attack and they blame it on Iran. I don't think so. I think I blame it on Minnesota because they're grossly incompetent. There was a cyber attack of 30 water plants. And I would blame it on Minnesota and the governor, the corrupt governor of Minnesota. They like to say, "Oh, it's Iran." Iran should be so lucky. Iran's got bigger problems than worrying about Minnesota.
(01:38)
This month it was announced that inflation is dropping at the fastest rate in more than six years. Walmart, Sam's Club, Giant Eagle and others are slashing prices by hundreds of grocery stores and all of the stores, I mean, throughout the country they're slashing prices. Something that you haven't seen for a long time, since my last administration. The stock market has set 73 all time record highs since the election. That means all time record highs, 73 days out of a very short period of time. And the typical 401(k) is up by more than $30,000. And when you think of that, if you add another $1,000 to it will be ... We set the record in the last administration a record still standing. This administration is going to blow my last administration away when the factories that we're building at record, then we're not building them, all over the world they're building. They're coming from all over the world. They're coming from Germany with the cars. They're coming from Germany. They're coming from Japan, South Korea, Canada, Mexico, from all over the world they're building auto plants here because otherwise they have to pay tariffs. The tariffs have made our country rich and successful.
(02:56)
And all of this, I mean, I'd like to say it was the election. On November 5th, it was the election and that's fine. But without the election, you wouldn't have what I've done economically. So we have the most successful environment that we've ever had. There's never been anything like it from the standpoint of investment into our country. It's five to six times higher than anybody has ever seen than any other country. Any other country, not just us, has ever had. On July 4th, we launched Trump Accounts to keep a vision of our great, Big Beautiful Bill. And these tax-free investment savings accounts have already been activated by over seven million children. These are investments made in our future, which is our children. Our children are the most important aspect of our future. With more being added each day.
(03:44)
So it's a tremendous hit. Over seven million and really, it really just got going, I would say, Scott, about two weeks ago when we got the final approvals. And we have over seven million. Actually, there's never been anything quite like that. But millions of accounts are pre-funded with $1,000 from the US Treasury or generous gifts from private donors like Michael and Susan Dell and others who have given billions of dollars, billions. People are putting up hundreds of millions and billions of dollars into it and buying really a great future for children. When they turn 18 or when they turn 21, instead of having no hope, no future, they will end up with hundreds of thousands of dollars and maybe even more than that. So it's going to be something to see. With modest additional contributions, they'll grow by numbers that should be, it could be over $200,000. We're looking at the timeline. I wish we had an economy like we have now with the stock markets going up, but they will benefit by our country being successful. We're going to give every child a head start on the American dream. So go to trumpaccounts.gov. They're really something the whole world's talking about and it's far ahead of schedule. Nobody thought it would be as successful as it's been. But it should be. It should be. And we start them off with $1,000 and this was part of the great Big Beautiful Bill.
(05:08)
With my Most Favored Nation policy, you could say this is even a bigger thing if that's possible. On drug prices, we're achieving record discounts on prescription drugs. The prescription drugs were going through the roof for many years. And now we're getting record discounts with price differences of 300, 400, 500, 600%. Nobody's ever heard of a thing like that. And what this is all about is that we had the highest prices anywhere in the world by far. Most expensive drugs, prescription drugs, and others. The highest in the world. The whole world was laughing at us. We paid for the rest of the world. We subsidized the whole world. And I said, we're not going to do that. And I started it in the first administration. I took it up.
(05:57)
Obviously Biden wasn't able to do anything about it because you had to get the consent of the drug companies and more difficult would be the consent of other nations. The other nations had to agree, but they were paying a fraction, sometimes 10%, 20%, 40%, 70% less. So I had to call them and I had to get them on. And I said, "If you don't do it, we're going to have to charge you tariffs." And they all said no at first, very politely said, "Sir, we can't do that. We're not going to double our prices." They had to double their prices and in some case triple their price. And we would come down. So a pill that sold for $10 in Germany would sell for $130 in New York. Same pill for the same company, the same factory, the same plant, same laboratory from $10 and we pay $130.
(06:50)
I said, "No, no." Now the world is a bigger place, so it's not as bad as it sounds for them. So they went up to 20 and we came down to 20. So we now have the lowest drug prices anywhere in the world. We're tied with the lowest, but we're basically its favorite nation. So we have the lowest drug prices anywhere in the world from the highest drug prices anywhere in the world. Now what that does for your healthcare ... I mean I see these fake polls where the Democrats have wonderful numbers on this stuff and they are horrible.
(07:20)
What they've done, Obamacare is a total disaster. It's a costly wreck. It's unaffordable. We call it the Unaffordable Care Act. It's a disgrace. They never even though of being able to do something like this. They didn't even try. They didn't even try. So I got the drug companies first and then I got the countries. And the drug companies agreed because they knew the countries wouldn't agree. And when I called Germany, France, when I called the UK, when I called all of these countries, I said, "You got to do it. It's unfair. We're paying 10 times more than you're paying for the same drug. You can't do this." And they said, "Well, we're not going to do that because we're going to have to double our price in order to make you happy." I said, "No, maybe you're going to have to triple your price." They said, "Well, we can't do it." I said, "That's all right. If you can't do it, then I can't do something also. And I'm going to charge you very substantial tariffs, which are far more than we're talking about." And they all said, "We'd love to do it. We'd love to do it. It would be a great honor to do it."
(08:19)
So nobody else would do this. This would have never happened. So your drug prices have gone down by numbers, not even thinkable. Well, in my first term, I had the privilege of having lower drug prices from the beginning of the year till the end for the first time in 28 years, you remember. And I called the news conference to announce it. So the year it ended and I was turned out one eighth of a percent. One eighth of a percent. Little tiny this much. It went down that much during one year. First time in 28 years it went down. It was always like this, just up, more expensive. And I called the news conference. I was so proud of myself. And I said, "Ladies and gentlemen, first time in 28 years drug prices have gone down from January till the end of December. And I want to just congratulate everybody for being a part of this wonderful experiment."
(09:13)
And one eighth of a point now we're talking about 400, 500, 600% coming down. We pay the lowest drug prices anywhere in the world from the highest. And I'll say it again and again because the press doesn't want to record it. The fake news doesn't want to record it. They don't want to talk about it. What that does for healthcare, Bobby, is unbelievable because medicine's a big part of healthcare. So I wish that people would understand that. And I hope they're going to vote for us in the midterms because you'll see some stuff that will be horrible because they can blow it very fast and they don't know what they're doing. So your drug prices are great.
(09:49)
I saw Spain yesterday and I watched the catastrophe that took place. It looks like an invasion of a country by hundreds of thousands of people. And that same thing's going to happen to us if the Republicans don't get elected, except worse. Much bigger, much easier to get into. Despite the fact that we have built thousands of miles of wall, which I said we were going to do. But we didn't have that, forget it. But we have the safest border in the world. If we're not in office, our country will be invaded at levels that made Spain look small time. And when I watched it, I said, "Boy." I said, "I'm going to say it because I knew you were going to be at Camp David." I said, "That's going to be a talking point for the midterms." Because when you look at what happened to Spain, they don't know what to do.
(10:43)
And it's happening again today. They're coming in by the tens of thousands. They're just invading the country. And what that is weak law, bad management, but very liberal law. They passed a couple of laws and people read. People are smart, they read from other countries and they swam that three mile swim or however they got in, but nobody's seen anything like it. That will look good compared to what's going to happen to the United States. The biggest thing, the worst thing that Biden did is allowing 25 million people into our country, because many of those people are criminals. They're murderers. A lot of murder, 11,888. A lot of them are gone now. We got them out. But they allowed people to come into this country that you can't allow to come into a country.
(11:35)
We're also making an unprecedented investment in the United States armed forces where we're doing great. And we rebuilt the armed forces. We built our military in my first term, but we are doing great with our military. They spent a lot of money in our military. They gave away $300 billion worth of ammo and everything else in Biden's term. But we're building it up fast. We just have a great military, that's all there is to it. But we rebuilt it in my first term. And we're using it in my second term with Venezuela and other places and Iran now. Iran is doing very poorly just in case you read incorrect stories. They're doing very, very poorly. They're having a hard time. They've been very dishonest. They've been very dishonorable to deal with, but that makes no difference. They're doing very, very poorly.
(12:27)
We're also making that investment and looking forward to getting $1.5 trillion next year. People see now how important it is. We want to keep a safe country. We have to keep a safe country. And the good news is all of that equipment is made in the USA. So we're making it here, it's jobs. And each one of our defense groups are building literally at least four new massive plants as we speak, because we want them to move faster. We have the best equipment in the world, but we want them to move faster. We don't want to wait a year or a year and a half. We want to wait a week maybe. So that's happening and I think the results are very good. They're building at levels that nobody's ever seen before. And we've had tremendous success and our military was just proud of it.
(13:18)
Again, Venezuela was a one day war and we have a great relationship with Venezuela. We're working with partners with Venezuela now, taking out tens of millions of barrels of oil and going to Houston, going to Alaska, going to Louisiana, going to different places for refinement, refineries. And it's been very much amazing. The administration has done more in 18 months than most administrations have done in eight years if you had a two terms. We've done more in 18 months than anyone's ever seen before. Nobody's ever seen. This is the golden age of America. And we have a war that's going on, I guess you call it a war, maybe I call it a military operation. They have no Navy-
President Trump (14:00):
I call it a military operation. They have no Navy. It's been obliterated. Their Air Force has been obliterated. They have no planes. Their missiles have been largely ... They have some left. They have some, but they have far fewer than they had four or five months ago. Their manufacturing capacity is almost gone. The drone capacity is almost gone. There are very few, but they have some. If they have one, that's too many as far as I'm concerned, but we've done an amazing job with Venezuela. We've done an amazing job here.
(14:37)
We're in there for five months. I know what people like to say because we did a much bigger job, much more important job than we originally anticipated. So we're in there for five months. And if you look at Vietnam, they were in there for 20 years. You look at Afghanistan, they were in there for many years. You look at any one of the worlds, Korea, any one of them, they're in there for many years. We're in for five months and we have obliterated their military capacity.
(15:03)
Again, they've got some left, but soon they won't have some left. So I just want to thank everybody around this table. You've been very special. I want to thank a lot of the media people, because many of you have been very, very fair and very ... It's one of the reasons you're here, frankly. But you've been very fair. You've covered me this time much more fairly, I think, than the first term.
(15:24)
The first term was a great success. We had the greatest economy in history in the first term, and this term's going to blow it away. I think this term is going to actually blow it away. So it's an honor to have you. And I'd like to ask our great vice president, JD Vance, to say a few words, followed by Marco, and Pete, and Scott, and Bobby Kennedy. Okay? Thank you very much everybody. Please, JD.
JD Vance (15:48):
Well, great. Thanks Mr. President. First of all, thanks for having us at this historical and beautiful place. And it's an honor to be on the team and an honor to be able to work on fraud, which is what I'm going to talk about today. I know we have a lot of things going on. This has been an amazing team. From Kelly Loeffler at SBA, to Doug at the VA, to Todd and Bobby Kennedy. This really has required a whole administration approach to try to tackle fraud.
(16:13)
There are a few things that I want to talk about and celebrate. The first is that just since the beginning of the fraud task force that I started under the president's leadership and direction, we have identified $230 billion of fraud that's being perpetrated against the American people, and we have halted already $56 billion of that. It's sometimes hard once the money's already gone out the door. It's hard to get it back, but stopping it from going out the door is how we save the American people $56 billion. And, of course, we're going to keep on working on that.
(16:43)
Just today, Mr. President, we will announce 17 new anti-fraud actions that will total about a third of a billion dollars. And that's added to the $230 billion that we've already uncovered. And I want to just talk for the benefit of the American people about why do we care so much about this. Because what I always try to remind people is that fraud has two victims. So to give one concrete example, there is a program that is administered by Medicaid and that program ensures that low income moms and low income babies have access to neonatal care.
(17:17)
Now, I think most Americans probably share my view that this is one of the great things about the United States of America, that if we see a baby and we see a young mother that requires help, we help our fellow Americans. That's a good thing. It's something that we should be proud of. And yet, there is a program that has defrauded the moms and the babies who benefit from these. You've gotten people who've gotten rich by setting up false companies that are providing false services. So who loses in that equation?
(17:45)
Number one, of course, is the American taxpayer that is $230 billion poorer because of the fraud that this country has let go on. But I actually think most importantly is that we've seen that program run out of money. So we've seen moms and babies unable to access the healthcare that they need because the fraudsters have gotten rich. That is a disgrace. And until the president ordered us to stop it, no one was doing anything about it. So we've made a lot of progress, Mr. President, in just under a year, but we're going to keep on working at it because we believe the American people deserve to have their money spent as you and the Congress have directed it.
President Trump (18:22):
There's big numbers here, finding tremendous numbers. They look like Eliot Ness. Does anybody know Eliot? You look like that group of people you have lined up behind you. They're doing a great job.
JD Vance (18:32):
Yes sir.
President Trump (18:33):
Billions, think of, not millions. Billions of dollars is being recovered. Billions. And you haven't seen anything yet. We have things happening that people aren't going to believe. The level of corruption and fraud that took place under the Biden administration is unprecedented. And Minnesota, California, Maine ... Maine, believe it or not, you think of Maine as this wonderful place. The level of corruption is incredible. All over. All over. So great job. Thank you very much.
JD Vance (19:04):
Thank you, sir.
President Trump (19:04):
Okay. Please.
Marco Rubio (19:06):
Oh, my turn. Well, first of all, thank you for bringing us out here. I got the chance to drive for the first time in a year and a half, which is the golf cart. It was great.
(19:20)
So just a couple points that we all know we followed in the news, obviously the events in the Middle East and others who can talk about that. Not that they're not important, but there's some other issues happening around the world, Mr. President, that you've shown great leadership and that have not gotten nearly as much attention I think they deserve to mention today.
(19:35)
The first is the International Criminal Court is an illegitimate international organization that, frankly, illegitimately made themselves illegitimate because they claim that even if you're not a member of that court, they can come after you. What that literally means in the future is that American servicemen, political leaders and others could find themselves under indictment by this international criminal court. If you want to know a little bit about it, Jack Smith used to work there. These are the people that think they can go out and basically indict any world leader and haul them into The Hague. So we tried to get them to reform and listen to us. They wouldn't do it. They're very arrogant. We've now begun an effort to really try to bring that court to heel.
President Trump (20:11):
There's no information that they're after me. It could happen. But just so you know, because he's talking about it, I'm saying that means that maybe he's not trying to defend me. He is trying to defend Bibi and various other people. But there are many people that shouldn't be looked at that way, but there is no indication that I'm one of them at this moment.
Marco Rubio (20:33):
Well, and I actually think the people who are in biggest danger in our system are servicemen, people in uniform. They'll try to go out for the rest of their lives. Will not be able to travel anywhere in the world with their families because they can be arrested on one of these ...
(20:46)
Imagine, you're a soldier, you fought in a war and 20 years later, they try to come grab you, so this is a big problem. So we've had dozens of countries already join us in this effort. Since we started two weeks ago, five countries have already quit the ICC and notified them that they're leaving and we think there'll be more. The second thing is we had an unprecedented ministerial. 60 countries came to Washington and were a part of an effort where we were shedding light on far-left terrorism and violence. The bomb goes off somewhere and it's tied to some right-wing group. I don't consider neo-Nazis right-wing. I consider them Nazis, right? But you're going to get a lot of attention on that. But if it's a leftist group, an Antifa group, it gets no coverage or they ignore the ideological spin and the ideological reason behind it.
(21:27)
So we've got 60 countries came up here and hopefully creating a strong coalition to go after far-left violent terrorism. Go after it and call it by name. I think we're building a very strong coalition there. We've had some successes in the Middle East, Mr. President, as you know, in the diplomatic front. The deal with Lebanon and Israel is unprecedented. President Aoun was here a week ago. I think that was the first visit by a Lebanese president in over 30 some odd years. In fact, this is the first time the Israelis and the Lebanese government have spoken at the official level close to 30 years. And that was thanks to your leadership.
(21:58)
A lot of work to be done to keep that peace and build on it, but it's a real achievable. And of course, as you announced last night, Mr. President, this disarmament deal that you brought about with Steve and Jared's work on Hamas is another big step as well. It's something a lot of people though would never happen. It needs to happen, but the fact that he even agreed to it is real achievable.
(22:17)
Last point is on the Western Hemisphere. For the first time in 15, 20 years, the overwhelming majority of the countries in the Western Hemisphere are now led by pro-Americans leaders and pro-American governments. It's an extraordinary achievement. All of it happening through success. Virtually every election that's happened in the Western hemisphere since you were elected president has elected someone who was pro-American. And I think this is an incredible situation.
(22:41)
And last but not least, and I have to thank a number of agencies here, particularly the Department of War, after that terrible earthquake in Venezuela. Within 36 hours, the full force of the American government was on the ground providing humanitarian assistance. It was a sight to behold. The USS Ford I think was in their port. Our Marines and armed service personnel were helping run their airport and their tower.
(23:04)
It is one of the fastest, most dramatic and most effective humanitarian responses, certainly in recent history, if not ever. And they came at the direction of the president. In fact, within an hour of that earthquake hitting, I remember because I was overseas, the president called and said, "Make sure we go in there and help these people recover from this." And we did, and thanks to your leadership, Mr. President. It's a great story. Enough needs to be told about it because the credit goes to so many agencies represented here today, but really, the Department of War was phenomenal, so thank you.
President Trump (23:34):
Yes, sir. Thank you very much, Marco. And just before we continue, I want to just congratulate Jay Clayton is with us today. As you know, he's had a big victory. He's going to do a fantastic job. His whole life has been about doing a fantastic job. Congratulations.
Pete Hegseth (23:50):
Well, thank you Mr. President for the invitation, the opportunity to be here. It's an honor for the war department to help run this facility also from the food to the fence line. It's an honor to have you and it's great Americans here and all around the country and all around the world who are the core of what keep us safe. But in order to do that, you have to have a leader that's willing to put them in a position to do it.
(24:23)
And that's my takeaway, Mr. President, is sort of three points. One, it takes courage. Two, it takes restoring a spirit which you have done. And third, it takes investment and not just an investment, but a generational investment. And I think people miss that. The courage it takes to seal the border, to say we're going to do it and we're going to do it every single day and we're going to do it on behalf of the American people.
(24:45)
The courage to bomb the Houthis and say we will maintain freedom of navigation. I wonder why they're not involved in this conflict, the Houthis, even though they're a proxy of Iran, because they felt the weight of American power for 45 days. And you had the courage to do that. The courage to do Midnight Hammer and conclude the 12-day war by obliterating their nuclear sites. Something no one, other presidents had the option on their table to do, but they never pulled the trigger because of the complications, because of the challenges, because of the risk, courage.
(25:13)
The courage to take on the cartels and drugs, drug boats. And now forming the ACCC, the America's Countercartel Coalition with all those friendly governments that Marco talked about who want to be shoulder to shoulder, not just with America, but with a bold, strong America with clear leadership. The courage to go get Maduro in the most heavily guarded house, inside the most heavily guarded fort, inside the most heavily guarded town in their capital city in the middle of the night, and change the entire dynamic of that country and that region, and the world saw what the American military was capable to do. But that doesn't happen unless the commander-in-chief says you're authorized to do it, and will take the handcuffs off when you do it to ensure that Americans come home.
(25:56)
The courage to undertake Epic Fury and this Iranian regime and ensure they never have a nuclear weapon to remain to your commitment. And frankly, the courage to negotiate with people that have shown no willingness to do so honestly. Incredible negotiators who are the best in the world and give them every opportunity to do it, give those things up peacefully. All of that takes guts. But that comes on the backs of a change in the spirit of our department.
(26:21)
You talk about spirit all the time and you're right to do so. When you rip out DEI, when you rip out social engineering and social justice, and you put in merit, and then you untie the hands of commanders to be commanders, to enforce discipline and accountability, to get back to basics, then you get historic re-enlistment inside our ranks. Our best people, Mr. President, are staying because they want to be in that kind of department.
(26:45)
And then historic recruitment record amongst young Americans, every month our department breaks records. And when did that trend line start? On election day, 2024, when the American people said, "I want to serve under this president." And that new name, the Department of War, has become the ethos, the warrior ethos of our department. Again, spirit. And I will note the flyovers will indeed continue until morale improves. But that's also spirit. Parades, 250, flyovers. The American people seeing and feeling their military in ways they have not in the past, that's spirit.
(27:21)
And then finally, Mr. President, a generational investment. You rebuilt the military in your first term and you've spent in your first year one trillion. And now, we are committed in working with Congress to get 1.5 trillion. But this is not the same way we funded our department in the past. This is a businessman in charge. This is a deputy secretary of our department who's a turnaround guy, just like the president is, saying we will not fund money. We will not fund the department the way we have in the past. In fact, so far, $75 billion in private investment from defense companies who are now investing in new plants, new equipment, new assembly lines to build the munitions of the future faster than ever possible. That's stating taxpayer dollars, because the companies-
Pete Hegseth (28:00):
... than ever possible. That's saving taxpayer dollars because the companies themselves are investing. The arsenal of freedom would never happen without you. So, just like we use a lot of the things Ronald Reagan's buildup was a part of, in this administration and in future administrations, they will look back at Donald Trump and the buildup that he has done, and that will be, the deterrence of the future will be established because of your investment. So, thank you Mr. President for your [inaudible 00:28:25].
President Trump (28:24):
Thank you. Scott, please.
Scott (28:29):
Mr. President, it's an honor to be here in this historic place as we celebrate our nation's 250th anniversary, and I think if we look back, whether our founders, President Washington, Thomas Jefferson, Alexander Hamilton could not have imagined the economy that we would have created. It is the envy of the world, and as you said, we have record investment coming in, we've never seen anything like it, and we're pulling away from the rest of the world because of your leadership, the policies that you did from day one, in terms of digital assets, in terms of technology, and bringing back American manufacturing. You've done it again. You've had the incredible economy during your first term, and we are seeing that carry over here. And it is in stark contrast to the Biden economy, which was government jobs, government spending, and high inflation, the worst inflation in 50 years. And with the Working Families Tax Cut, which I will add, every Democrat voted against, every Democrat voted against, it is the perfect barbell for this economy. On one side, you have full expensing for factories, for equipment, for farm structures, on the other side, your poor signature policies, promises made, promises kept, no tax on tips, no tax and overtime, no tax on social security, deductibility of auto loans, if you buy an American made car. And the Americans are starting to feel core inflation is low, consumer confidence is strong, we have the highest consumer confidence, came out today, in five months, and Main Street is back. Small banks are, thanks to your policies, small banks, community banks are lending again, and the Americans are starting to feel it. And as you said, these Trump accounts are the most successful program launch in government history.
(30:36)
We've had seven million families sign up with them, we're going to get to open enrollment, and we will have 70 million families who have signed up for this. 38% of American families, households, have no exposure to our great equity market, and thanks to you, we're going to have an ownership society. An ownership society. You were one of the first presidents to create assets for the American people, not more debt. We had the biggest tax refund season ever. Trade deals, tax cuts, energy dominance and the regulatory efforts, America is ushering in the greatest reshoring wave in our history. In June, our manufacturing sector expanded for the sixth straight month, we've got construction jobs and those are going to lead into manufacturing jobs. We've got main street prosperity, real wages are up $ 1000. And sir, what you've done again too is the bottom 25% of wage earners, just like in your first term, are outperforming the top 25%.
(31:42)
This is a working family's administration. In the past year, that group had wage increases 5.5%. They have three times what the top end has done. So, you've done it again, and these are private sector jobs we are creating. As you often say in these meetings, we could have created a million, two million government jobs, but we didn't. The private sector is creating. We've got incentives, we've got money coming in, and we are rebuilding. And then our energy dominance, thanks to you and these policies, you can come to the US, you're going to have regulatory certainty, tax certainty, and energy certainty. So, it is the best place in the world to build your factory. And finally, I want to add, it has been a pleasure to be a part, or a privilege to be a part of, as we've gone from ethic purity to economic purity, to constrict on your orders, constrict the Iranian regimes, the financial tentacles all around the world, we started it on your orders, we started in March 2025.
(32:52)
In December of 2025, the largest bank in Iran collapsed, the central bank had to print money that caused inflation, now they got 180% inflation, they aren't able to pay their troops. And on your orders, we are searching for their assets all around the world, and that money will go to the Iranian people, Americans who have been harmed by the Iranian, whether the USS Cole or the barracks in Lebanon, or it will go back to when the Iranians attacked ships coming out. So, it's been a privilege to be part of that, and I look forward to working on that.
President Trump (33:29):
Thank you very much. And I want to just add that today there are more people working in the United States than at any time in the history of our country. We have more people working today, think of that number. More people working today, by far, than at any time in the history of our country. So, it's been something very, very special. Bobby, please.
Robert F. Kennedy Jr. (33:52):
Thank you, Mr. President. Let me just take a moment to take note of the historical significance of this occasion. Before the press came in, you asked all the cabinet members who had been to Camp David before, and I think about three quarters of them had. I raised my hand, but I haven't been here for 62 years. I came here on weekends, as many weekends as we could, between 1961 and 1963. My father loved this place, my uncle loved its place. Nobody knows about this because it's not in the history books, but he was resentful at Dwight Eisenhower for renaming it Camp David. And he had said, if he had made it to its second term, he was going to rename it Shangri-La, which was the original name that Roosevelt had named it. But my uncle prided himself on being the most open, transparent administration in history, he was the first president to have televised press conferences.
(34:52)
During his 1000 days in office, he had about 30 press conferences. You, Mr. President, have press conferences every day. [inaudible 00:35:05]. And here you've opened the inner sanctum of the presidency for the first time in history, and I think that's a beautiful thing. As you also face, although you gave these guys a lot of compliments, the most hostile press corps that any president in the United States history uniformly.
President Trump (35:19):
[inaudible 00:35:25].
Robert F. Kennedy Jr. (35:26):
Anyway, I'm going to talk just briefly about a subject you alluded to, which is the MFN, and just so everybody has a background, you [inaudible 00:35:37] to every president promised to fix that disparity between what we pay and what the other developed countries pay. When you came into office, the list price for Ozempic was $1,350 for Americans, you could get it at any pharmacy in London, Hamburg, Frankfurt for $88. And every president, President Bush, President Biden, President Clinton, President Obama have all promised to fix this, none of them did anything, you fixed it. But today, by the time you leave office, assuming that's in 2028, 95% of the drugs that are available to Americans, they will be paying the lowest prices in the world. TrumpRx, just in the short time since we put it out, has saved Americans $700 million. We now have 800 drugs on there, we have deals with Amazon with GoodRx.
(36:40)
We're adding more and more drugs every day. I'll just give you one example. Praluent is a very popular cholesterol drug, its list price is $522, that's what everybody is paying. We now have it on TrumpRx for $237. That means that the 300,000 Americans who take that drug will be saving $3,700 a year on pharmaceuticals every year. And you can apply that across the board, this is going to change, it's making pharmaceuticals affordable, the most affordable in this country, of any country in the world. Well, thank you Mr. President.
President Trump (37:24):
How are you doing on the autism research?
Robert F. Kennedy Jr. (37:27):
We will have an answer for you. We just-
President Trump (37:32):
That's so important. Okay. We'll be talking about that, we'll be having something of interest. Such an important thing. There's a picture of your uncle right there on the wall, I noticed, look, handsome guy. And it's quite a picture, did you see it-
Robert F. Kennedy Jr. (37:44):
Yeah.
President Trump (37:45):
So, maybe that gave you the idea to start out that way, but it's quite a picture. Any questions?
Speaker 3 (37:51):
Mr. President, Mr. President.
Group (37:51):
[inaudible 00:37:53]
Speaker 2 (37:53):
We've seen these strikes between Iran and United States for the past 10 days, how do you go about reviving the ceasefire and getting diplomacy back on?
President Trump (38:01):
Well, I think we just want to win. We just want to win. We're doing very well. We're trying to be nice, as nice as you can be in a situation like that, but they're being decimated. They have no Navy, they have no Air Force, they have no anti-aircraft. Doesn't mean they don't have any capability, they have some, but very little. We just want to win. We don't want to have them... It's very simple, they cannot have a nuclear weapon. Iran will not have a nuclear weapon. Now they can't have a nuclear weapon. If they did, the Middle East would have been wiped out by now. If I didn't stop the JCPOA, the Obama deal, if I didn't terminate that, they would have had a nuclear weapon. I believe Israel would no longer be with us, and big parts of the Middle East and perhaps other countries in different continents, frankly. These people are crazy. So, they cannot have a nuclear weapon and they won't.
Speaker 3 (38:58):
Mr. President-
Speaker 1 (38:59):
What can we expect over the next four weeks, eight weeks-
President Trump (39:04):
We'll be hitting them, we'll be hitting them very hard.
Speaker 3 (39:04):
Mr. President-
President Trump (39:06):
And at some point they're going to say we just can't take it anymore.
Speaker 3 (39:08):
Mr. President, on the disarmament deal that you announced, do you have assurances from Israel that they are on board with this deal? And what comes first? Does Israel pull back and then Hamas disarms or does Hamas need to disarm and then Israel leaves [inaudible 00:39:22]?
President Trump (39:22):
So, we do have an understanding with Israel, Israel is very happy about it. Israel helped us. And they've been very good, they've been very good about it. Most people said that would be a deal that would be undoable. Now, will it go through its ups and downs? It's a very complex situation over there, the people are very complex and difficult. In many cases wonderful, in many cases not so wonderful. But that will be a... It's a great breakthrough. Nobody thought that would be possible to disarm Hamas, that shows you how much success we're having with Iran. Because if you go four months ago, five months ago, a deal like that would have been impossible. So, it's a big step for the Middle East, and people are really impressed by it, and they're surprised by it.
Speaker 3 (40:07):
And what comes first, Mr. President? What comes first?
Speaker 4 (40:10):
Did FIFA or Mr. Infantino speak to you about their proposal to sell a stake in the World Cup? And is that something you support?
President Trump (40:15):
About who?
Speaker 1 (40:16):
Did FIFA or Mr. Infantino speak to you about their proposal to sell a stake in the World Cup-
President Trump (40:19):
No, I never spoke to him.
Speaker 5 (40:21):
Mr. President, you said this morning on True Social that victims of government abuse should be paid back. Even if it's not the anti- weaponization fund, would you still want the acting attorney general to find a new way to do that-
President Trump (40:33):
No, I'm talking about the weaponization against large numbers of people in our country by the Biden administration and by Obama, but by the Biden administration in particular in this case. But a large numbers of people, their lives have been ruined, they've been destroyed, their families have been decimated. They've gone to prison for no reason whatsoever. There's never been a group of people, most likely... I mean, I can think of a couple that were treated pretty badly, groups, but there's essentially never been a group of people treated so badly as these people. And this fund was not for me, this fund was for those people that have been weaponized, that have been abused. Now, I was abused, they attacked my house, Mar-a-Lago, where I live, and big damages should have been given to me. I don't want anything, I'm not talking about myself. I think that there's a group of people in this country, history will show, that were treated like nobody else has ever been treated.
(41:34)
So badly, so horribly. Their families have been ruined, many, many suicides, they've committed suicide. People that were very successful that wanted to go to a rally, or an event, and ended up spending the rest of their lives in horror. So, I mean, you can say what you want about the fund-
Speaker 5 (41:55):
Do you still want-
President Trump (41:58):
... and they've agreed to not have a fund, but there are a lot of people that are very upset about it. A lot of Republican people, a lot of Democrat...
President Trump (42:00):
Because there are a lot of people that are very upset about it. A lot of Republican people, a lot of Democrat people are very upset about it. A lot of people were covered. I wasn't covered by that fund. I don't want to be covered by the fund. I probably was abused more than anybody in the history of our country, but I wasn't looking for that. But there were a lot of people. And I'll tell you something. Todd Blanche is a very, very good man and he shouldn't be in the middle of this. He should get approved because you will never get anybody like him. You're never going to get anybody.
(42:28)
And to make him a pawn in this whole thing, this is being done by a senator. And I don't really blame him, to be honest with you. I endorsed his opponent. And as soon as I endorsed his opponent, his opponent went through the roof and he won the primary election in Texas for the Senate. And the man that lost, the man that I didn't endorse has become very angry. And that's okay. I mean, I understand that. I probably would do the same thing. You want to know the truth? I think I'd do the same thing.
Speaker 6 (42:57):
Mr. President, I'll go next. Just to be clear, do you agree with the acting attorney general that the anti-weaponization fund is dead? And why not just put that in writing?
President Trump (43:03):
Well, it is dead, but I wish it weren't, to be honest with you. I think people were horribly treated, horribly abused. This has nothing to do with Todd, this was me, horribly abused. And I'd like to see them compensated for the pain. They lost their families. They committed suicide. Many people committed suicide. They went down for an innocent journey. And I'm not only talking that, I'm talking about not even having to do with that, the way they were treated. The Biden administration and the Obama administration weaponized government and destroyed lives.
Speaker 7 (43:38):
Mr. President, are you willing to accept limits on the scope of the audit immunity deal in order to get Attorney General Blanche confirmed?
President Trump (43:46):
Well, he should be approved forthwith. I mean, you're never going to get a person like that. Everybody agrees to it. Don't forget, Senator Cornyn thought he was phenomenal until he lost. When he lost, is that a correct statement? You come from Texas.
Speaker 7 (44:01):
Yes, it is.
President Trump (44:01):
I mean, he thought this was the most incredible person. Then when he lost ... And he lost because of me. I endorsed somebody else. And as soon as I endorsed the other person, the other person became a rocket ship upward and he lost. And I think I'd be the same.
Speaker 7 (44:17):
But would you- [inaudible 00:44:18]
President Trump (44:17):
I shouldn't say that. I'd be upset also. And so I fully understand it. He shouldn't be that way. I shouldn't be that way. But he is that way. He's become a very angry person. And I understand you have a couple of others that I've caused their defeat too, and probably hear from them too. Yeah?
Speaker 8 (44:35):
Mr. President, back on Iran. There's a report that you got a proposal from the military to go big and hit them hard over 10 or 14 days.
President Trump (44:43):
Well, we're going big.
Speaker 8 (44:43):
Are you going to consider-
President Trump (44:45):
We've already gone big. Look, I mean, what's big? They had 159 ships. That was their entire navy, 159. Their entire navy is laying at the bottom of the sea. I'd say that's going big. Okay? They had 200 airplanes, they're all gone, every one of them. They're on one airplane. They had the anti-aircraft weaponry, very good, but it didn't work. And it's all gone. Their radar is all gone. Their leaders are all gone. Everything's all gone, but they'll fight onward.
Speaker 9 (45:12):
Mr. President, on Ukraine, you said the other day that you're not sure about whether to grant Ukraine the Patriot missile license that had been discussed. Do you want to see more from Zelenskyy before you take that action?
President Trump (45:24):
Well, it's a big step. Look, we have the greatest weapons in the world. We have the greatest drones in the world. People don't know that. We have the greatest weaponry in the world. In the case of President Zelenskyy, he'd like to have some Patriots, he'd like to have some Tomahawks, which are lethal, one offensive, one defensive. But when you give somebody the right, and very complex weapons, by the way, I mean, the Patriot as an example, the other day you read that five missiles were shot. They were going 8,600 miles an hour. Think of it, 8,600.
(45:58)
Now, a car, if you go 60, it gets to be a little fast if you go 100. 8,600 miles an hour, and they were big missiles, and they were shot at Jordan. And our guys were there, bing, bing, bing, bing, bing. Five. Bing, bing, bing, bing, bing. Right? I don't want to be [inaudible 00:46:17]. That's six. I have to be very careful. That would have been a great sound bite. There were five missiles and we shot all five down before they got close. Nobody else has that capacity. These weapons are incredible. We have to be very careful about letting somebody build them. It's very important now. We are building many plants now to make those.
(46:42)
And the Tomahawk missile is the most incredible thing. You can go into a doorway, you can put it through a window of a house. Nobody's ever seen anything like it. You have to be very judicious, but you have to be very careful. Now, we have not agreed to that. We're talking about it. But it's a hard thing to give away that kind of technology. And I don't think this would ever happen, but those people that you give that technology, they can someday turn on you. That is possible. If you look at war, it's happened a couple of times over the years, right? So we have to be very careful.
(47:17)
I mean, we guard that. We have the greatest military in the world, but we have the greatest weapons in the world. Now we have to make them a little bit faster because we've given a lot away. President Biden unfortunately gave a lot of way to Ukraine. So did I. I mean, I gave them the Javelins, the tank busters. Without the Javelins, that war would have been a one-day war. It would have been over. They wiped out the tanks going up to Kyiv when they got stuck in the mud. They had a general that decided to go through the mud instead of going up the highway where they were going very nicely. It would have been over. But no, I gave them the Javelins. The Javelins are unbelievably ... We have the greatest weapons in the world.
(47:58)
We have to be very careful about giving out the secrets to those weapons. And you can't copy them. It's a little like NVIDIA. They have a chip. They say, "You cannot copy it. The complexity is so great you cannot." Most things you copy. China's known for it, other countries, that we do something. And I guess we copy also. Most things you can copy pretty easily. There's a chip that they made, their ultimate chip, and they always have the ultimate chip. And I say, "Well, why doesn't somebody copy it?" Because they can't, the complexity. They can't copy our weapons. We have the greatest weapons in the world, many of them. Those are just two or three that I mentioned, but you cannot copy them. So we have to be very careful.
Speaker 6 (48:45):
Mr. President, I'll-
Speaker 10 (48:46):
As Hamas disarms as part of this plan, who do you see as taking possession of those weapons that they have? Does that go to the new government?
President Trump (48:53):
It's going to be the Board of Peace mostly. It's going to be run by the board. This board of peace has been an amazing ... It's led by some amazing people, Board of Peace.
Speaker 6 (49:02):
Mr. President?
President Trump (49:02):
Sure.
Speaker 6 (49:02):
You said they do have some capabilities left.
President Trump (49:04):
Yeah.
Speaker 6 (49:04):
Should Americans be prepared for these back and forth attacks to continue until Iran's- [inaudible 00:49:09]
President Trump (49:09):
It-
Speaker 6 (49:09):
... people are striking back?
President Trump (49:11):
They'll get weaker. They'll get a little stronger maybe now, but they'll get weaker, and then they peter out. Yeah, sure. I think so.
Speaker 9 (49:18):
And-
President Trump (49:19):
I mean, it'd be foolish to say no. You always have to keep your guard up.
Speaker 6 (49:22):
What is the status of talks? Who went from the administration and talked?
President Trump (49:25):
Well, they always want to talk, but they break their word so often. Steve is talking, Jared, we have very good people. JD's involved, very strongly involved. We have great people talking. Marco's involved. They're all-
Speaker 6 (49:37):
Because they say talks aren't happening.
President Trump (49:38):
... very good people. We're the best people. But they'll make a deal. As an example, we'll talk about nuclear, and we'll be in there talking about nuclear for seven hours. I say, "Why do you need seven? You can take 10 minutes. You have five minutes, you should solve it. But seven hours?" And then they'll go out and I'll say, "They discussed nuclear." And they'll go out and they'll say, "We never discussed nuclear."
Speaker 6 (49:59):
Okay.
President Trump (50:00):
And I'll say, "Why? Why did they say that?" All they do is make me angry. They just make me angry. Any other questions?
Speaker 8 (50:07):
Mr. President-
Speaker 9 (50:10):
Do you believe that you can reach a deal with Iran given that you talked about how important they are?
President Trump (50:14):
Yes, you can. I'm losing faith in them because they do lie and they do misrepresent. Well, the other day the five missiles were shot. We knocked them down, but we were in the midst of a negotiation. I'm waiting for Steve to call me, "How's the negotiation going?" And instead I got a call from Pete that they just shot five missiles at one of our bases in Jordan. And we have bases in Jordan.
(50:38)
Fortunately, our people operated the equipment. It's also very complex to operate when you talk about the equipment. Oftentimes you see, "Where did you go to school?" "MIT, Caltech." I mean, they go to schools that are not as normal for the military, to be honest with you. We have unbelievably brilliant people operating that equipment. And when you don't, the equipment, the shots, the safety misses or the accuracy misses, we have unbelievable people.
(51:09)
Think of it. We had 111 at one point a couple of months ago, 111 over a short period of time. Missiles were shot at the Abraham Lincoln aircraft carrier, great, beautiful ship, one of the most beautiful ships we make, design ones. 111 missiles going out. Out of 111 missiles, 111 missiles were shot down quite a bit earlier than ... I mean, long before they got there, they were shot down. It was, in a couple of cases, they were shot down almost as they were taking off. It's incredible technology.
(51:45)
So yeah, a ship that cost millions of dollars, and you have missiles heading to it, 111 missiles were shot down, routinely shot down. And I spoke to the people. I like to [inaudible 00:52:00] people, I'll follow them up. I'm the president. And they were cool as a cucumber.
Speaker 8 (52:06):
Mr. President-
Speaker 9 (52:07):
One thing about that-
Speaker 8 (52:08):
The last two weeks of strikes by Sen Comm, Sen Comm has said that those were meant to break Iran's ability to disrupt the Strait of Hormuz. How many more strikes will it take to significantly-
President Trump (52:17):
Well, you never know. Look, I mean, most people would've given up by then. They've really got no air force. Most people would've given up, they haven't. So I give them credit for that. I mean, they're known as being tough. They're tough. So we-
Speaker 11 (52:30):
Back on Ukraine, couldn't you tell [inaudible 00:52:30] Jewish flag and all that?
President Trump (52:30):
I did. I spoke about Patriots. I spoke to him about Tomahawks. I spoke to him about everything. I also spoke to him about, "Let's get this war over with." So last month they had 25,000 people, It's averaging about 25,000 people a month die, mostly soldiers, almost entirely, but missiles are hitting areas also, but mostly soldiers. They had 25,000 soldiers. The month before that it was 32,000 soldiers. I said, "You got to get this war over with." I think he wants to make a deal and I think Putin wants to make a deal, but there's a lot of dislike, as you probably notice.
Speaker 11 (53:07):
Actually, he's very reluctant to make concessions, President Putin.
President Trump (53:10):
Well, nobody wants to make concessions, but they're both going to have to make some concessions. I mean, you got to make a deal. 25,000 young, beautiful people, mostly soldiers, are dying a month. I ended eight wars. That was the war I though would maybe go first, and it really hasn't. It's gone past. And then I ended wars that were, in theory, much more difficult to end. We had a couple that were into the 30-year category.
(53:41)
Well, the Congo, look at the Congo and Rwanda. That was a nasty war. And they have peace. I don't know how long that one's going to stay, but we ended India, Pakistan, 11 planes were shot down. That was raging. I used tariffs. I said, "If you're going to go to war, 250% tariff to each of them." And they screamed, and yelled, and were very angry. They were both angry about it. And a day later, they called and they said, "We will not go to war." And the prime minister of Pakistan said I saved 50 million lives because that's two nuclear powers, serious nuclear powers. Thank you very much, everybody.
Speaker 6 (54:21):
[inaudible 00:54:23]-
Group (54:21):
[inaudible 00:54:23]-
Speaker 6 (54:28):
... have you talked about-
President Trump (54:32):
I think Minnesota is behind it. You know who's behind it? Minnesota, because they're grossly incompetent. I think the governor's behind it.
Group (54:36):
[inaudible 00:54:38]-
President Trump (54:38):
I don't think there was an Iranian cyber attack. I think that Minnesota want to get its act together. It's one of the worst-