LIVE: U.S. President Donald Trump holds a cabinet meeting at Camp David amid Iran War

[00:02] the most talented teams ever to serve the United States and in the United States government. This is a talented group of people. Let's see. I'll go one after another there. Yeah, there's a couple of steps, but that's okay.

[00:15] couple of steps, but that's okay. [laughter] is safer and stronger and far more successful than it was two years ago. And I think frankly than it ever was. I don't think it's ever been anything like

[00:29] don't think it's ever been anything like this. We're building more factories, plants in this country than we've ever built before. And we're going to be we'll be leaving this position. We're going to leave this country in very very

[00:43] going to leave this country in very very good shape.

[01:06] ramping crime men and women transgender mutilization of the children and good job in less than 18 months we've turned around four years of disaster and we now have the strongest border in American

[01:20] history we went from the worst border I've any country in 5 million people came through in four years. And these are people that in many murderers. They were drug dealers. They were people that you do not want. Now we

[01:35] 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 say, is that even

[01:48] possible? They have 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. The murder rate saw it single largest drop

[02:01] ever. You 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 an cyber attack and

[02:17] 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

[02:30] Minnesota. They like to say, "Oh, is Iran. Iran should be so lucky." Irran's got bigger problems than worrying about Minnesota. This month, it was announced that inflation is dropping at the fastest rate in more than six years.

[02:44] Walmart, Sam's Club, Giant Eagle, and others are slashing prices by by hundreds of grocery stores. And all of the stores, I mean, throughout the country, they're slashing prices. Something for a long time since my last

[02:58] 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 highs, 73 days out of a very short period of time. And the typical 401k is

[03:13] up by more than $30,000. And uh when you think of that, uh if you add another uh think of that, uh if you add another uh $1,000 to it, uh it will be we set the record in the last administration a record still standing. This

[03:28] administration away. When the factories that were building at record, we're not building building. They're coming from all over the world. They're coming from Germany

[03:41] with the cars. They're coming from Germany. They're coming from Japan, 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

[03:54] successful. 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

[04:07] 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

[04:20] just us has ever had. On July 4th, we launched Trump accounts to keep provision of our great big beautiful bill. And these tax-free investment savings accounts have already been activated by over 7 million children.

[04:34] These are uh 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. So, it's a tremendous hit over 7 million and really it really just got

[04:48] going I would say Scott about two weeks ago when it was uh we got the final approvals and we have over 7 million actually there's never been anything quite like that but millions of accounts are preunded with a thousand dollars

[05:02] 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 millions of dollars into it and

[05:15] buying really a 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

[05:29] something to see. With modest additional contributions, they'll grow uh by numbers that should be it could be over $200,000. We're looking at uh the timeline. We're looking I wish we had an economy like we have now with the stock

[05:43] markets going up, but they will benefit by our country being successful and 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

[05:56] world's talking about it and it's far ahead of schedule. Nobody thought it would be as successful as it's been. It should be. It should be. and we start them off with $1,000 and this was part of the great big beautiful bill with my

[06:09] most favorite 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 uh were going through the roof for

[06:22] many years and now we're getting record discounts with price differences of 300, 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

[06:36] we were the highest. We had the highest prices anywhere in the world by far. Most expensive drugs, prescription drugs, and and others. The highest in at us. We paid for the rest of the world. We subsidized the whole world.

[06:51] And I said, "We're not going to do that." And I started it in the first administration. I took it up. Uh obviously Biden wasn't able to do anything about it because you had to get the consent of the drug companies and

[07:03] you had to get the consent more difficult would be the consent of other nations. The other nations had to agree but they were paying a fraction but they were paying a fraction sometimes 10% 20% 40% 70% less. So I had

[07:17] and I said if you don't do it we're going to have to charge you tariffs. And uh 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

[07:30] some case triple their price and we would come down. So a a pill that sold would come down. So a a pill that sold for $10 in Germany would sell for $130 company, the same factory, the same plant, same laboratory from $10 and we

[07:48] plant, same laboratory from $10 and we pay $130. 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

[08:02] but we're basically it's 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 health care, I mean I see these fake

[08:15] polls where the Democrats have wonderful n numbers on this stuff and they are horrible 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.

[08:29] 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

[08:41] agree. And when I called Germany, France, when I called the UK, when I "You got to do it. It's unfair. we're paying 10 times more than you're paying

[08:54] And they said, "Well, we're not going to do that because we're going to have to happy." I said, "No, maybe you're going said, "Well, we can't do it." I said, "That's all right. If you can't do it,

[09:07] 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 would love to do it. It would be our great honor to do it."

[09:19] would have never happened. So your drug prices have gone down by numbers not even thinkable. 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

[09:33] remember and I called a news conference to announce it. So the year it ended and to announce it. So the year it ended and I was turned out 1/8 of a percent. 1/8 of a percent little tiny this much. It went down that much during one year.

[09:48] 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, the first time in 28 years drug prices have gone

[10:03] down from January till the end of December." And I want to just congratulate everybody for being a part of this wonderful experiment. And 1/8 of a point. Now we're talking about 400, 500, 600%

[10:19] coming down. We pay the lowest drug prices anywhere in the world from the it again and again because the press doesn't want to report it. The fake news want to talk about it. What that does for health care, Bobby, is unbelievable

[10:34] because medicine's a big part of healthcare. So, I wish that uh people going to vote for us in the midterms because you'll see some stuff that will very fast if they don't know what they're doing. So, your drug prices are

[10:48] great. You know, I saw Spain uh yesterday and I watched the catastrophe that took place. It was a it looks like an invasion of a country by hundreds of

[11:00] 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

[11:15] 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

[11:31] it because I knew you were going to be at Camp David." And I say, "That's going at Camp David." And I say, "That's going to be a talking point for the midterms." to Spain, they don't know what to do. And it's happening again today. They're

[11:45] coming in by the thou tens of thousands. They're just they're just invading the They're just they're just invading the country. And what that is is weak country. And what that is is weak law, bad management, but very liberal

[11:59] law. They passed a couple of laws and people read, you know, 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

[12:13] 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 mur 11,888.

[12:27] 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. We're also making an unprecedented investment in the United States armed forces where

[12:40] we're doing great. And we rebuilt the armed forces. We rebuilt our military. 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 dollars worth of ammo and

[12:55] everything else in the in Biden's term, but we're building it up fast and we have we're we just have a great military. That's all there is to it. But we rebuilt it in the in my first term and we're using it in my second term

[13:09] 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 dishonest. They've been very dishonorable to deal with, but uh that

[13:24] makes no difference. They're doing very, very poorly. Uh we're also making that investment and looking forward to getting Pete 1.5 trillion dollars next year. And people see now how important it is. We want to keep a safe country.

[13:37] 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. Uh, and each one of our uh defense groups are building literally at least four new massive plants as we

[13:54] speak because we want them to do we want them to move faster. We have the best 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.

[14:08] They're all they're building uh at levels that nobody's ever seen before and we've had tremendous success and our military was just proud of it. Again, Venezuela was a one-day war and we have a great

[14:23] relationship with Venezuela. We're working, we're partners with Venezuela now, taking out tens of millions of barrels of oil and going to Houston, going to different places for refinement, refineries, and uh it's been

[14:40] very much amazing. The administration's done more in 18 months than most administrations have done in eight years if you had a two-termer. We've done more in 18 months than anyone's ever seen before. Nobody's ever seen. This is the

[14:54] 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 because they have no navy. It's been obliterated. Their air force has been obliterated. They have no

[15:07] 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 they have far fewer than they had four or five months ago. Uh they uh their

[15:19] or five months ago. Uh they uh their manufacturing capacity is almost gone. The drone capacity is almost gone. They're very few, but they have some. They if they have one, that's too many as far as I'm concerned, but we've done

[15:31] as far as I'm concerned, but we've done a an amazing job with Venezuela. We've done an amazing job here. We're in there f five months. You know, I I know people like to say because we've done a much bigger job, much more important job than

[15:44] 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 at any one of the wars, Korea, any one of them, they're in there for many

[15:58] have obliterated their military capacity. Again, they've got some left, but soon they won't have some left. So, I just want to thank everybody around want to thank a lot of the media people because many of you have been very, very

[16:13] fair. Very, that's one of the reasons you're here, frankly. But you've been very fair. You've covered me this time. I mean, much more fairly, I think, than the first term. The first term was a great success. We had the greatest

[16:26] economy in history in the first term, and this term is 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, J. Vance, to say a few words,

[16:40] followed by Marco and Pete and Scott and uh Bobby Kennedy. Okay. Thank you very much, everybody. Please. First of all, thanks for having us at this historical and and beautiful place

[16:53] and uh it's an honor to be on the team, an honor to be able to work on fraud, today. Though I know we have a lot of things going on, this has been an amazing team. From Kelly [clears throat] Leler at SBA, uh to Doug at the VA to

[17:07] Todd and Bobby Kennedy, this really has required a whole of administration are a few things that I want to talk about and celebrate. Uh the first is fraud task force that I started under the president's leadership and

[17:21] direction, uh we have identified $230 billion of fraud that's being perpetrated against the American people. And we have halted already 56 billion of money has already gone out the door, it's hard to get it back. But stopping

[17:37] it from going out the door is how we save the American people. 56 billion. working on that. Just today, Mr. President, we will announce 17 new anti-fraud actions that will total uh about a third of a billion dollars and

[17:51] that that's added to the $230 billion that we've already uncovered. And I want to just talk uh for the benefit of the American people about why do we care so try to remind people is that fraud has two victims. So to give one concrete

[18:06] 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. Now, I think most Americans probably share my view that

[18:20] 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

[18:33] 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? Number one, of course, is the American

[18:46] 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 ma money. So, we've

[18:58] seen moms and babies unable to access the health care 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

[19:12] 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 >> There's big numbers here, finding tremendous numbers. They look like

[19:25] anybody know who they are? [laughter] They look like that group of people you >> Yes, sir. >> Billions. Think of not not millions. Billions of dollars is being covered. Billions. And you haven't seen anything

[19:41] people aren't going to believe. The level of corruption and fraud that took place under the Biden administration was unprecedented. unprecedented. And Minnesota, California, Maine, Maine,

[19:54] believe it or not. You know, you think of Maine as this wonderful place. Y >> it's uh the level of corruption is incredible all over all over the place. >> Thanks, sir. >> Okay.

[20:06] >> Oh, my turn. Well, first of all, thank you for bringing us out here. Um I got in a year and a half, which is the golf cart, but it was fun. cart, but it was fun. [laughter] It was great. And um

[20:20] so just a couple points that u you we all know we followed in the news and others you can talk about that not that they're not important but there's world Mr. President that you've shown great leadership in that have not gotten

[20:32] nearly as much attention I think they deserve to mention today the first is the international criminal court is an illegitimate international organization themselves illegitimate because they claim that even if you're not a member

[20:44] What that literally means in the future is that American servicemen, political leaders, and others could find themselves under the under indictment by you want to know a little bit about it, Jack Smith used to work there. These are

[20:59] and basically indict any world leader and haul them into the Hague. So, we've and listen to us. They wouldn't do it. They're very arrogant. We've now begun court to heal. >> By the way, there's no information that

[21:13] they're after me. It could happen. I wouldn't be. [laughter] But just so you know, since he's talking about it, I'm saying that means that maybe he's not trying to defend me. He is trying to defend BB and various other people, but

[21:25] 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. the people who are in biggest danger in our system are servicemen, people in

[21:39] the rest of their lives, will not be able to travel anywhere in the world arrested on one of these. Imagine again, you're a soldier, you fought in a war, and 20 years later that to try to come grab you. So, this is a big problem. So,

[21:51] join us in suffer since we started two weeks ago, five countries have already 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

[22:05] effort where we were shedding light on for far-left terrorism and violence. You it's tied to some right-wing group or what I don't consider neo-Nazis right consider them Nazis, right? But you're going to get a lot of attention on that.

[22:19] But if it's a leftist group, an Antifa group, that gets no coverage or they ignore the ideological spin and the ideological reason behind it. So we got 60 countries came up here and hopefully creating a strong to go after far-left

[22:32] violent terrorism and go after it call it by name and I think we're building a had some sex successes in the Middle East, Mr. President, as you know in the diplomatic front to deal with Lebanon and Israel is unprecedented. President

[22:46] was the first visit by a Lebanese president in over 30 some odd years. In Israelis and the Lebanese government have spoken at the official level in close to 30 years and that to your leaders a lot of work to be done to keep

[22:59] that peace and build on but it's a real achievable and of course as you disarmament deal that you brought about with Steve and Jared's work on on Hamas something a lot of people thought would never happen. It needs to happen but the

[23:14] fact they've even agreed to it is a real achievable. 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-American leaders and

[23:28] extraordinary achievement. All of it happening through a su virtually every election that's happened in the you were elected president has elected someone who American and I think this is an an incredible uh situation. And last but

[23:42] of agencies here, particularly the Department of War after that terrible earthquake in Venezuela. Within 36 government was on the ground providing humanitarian assistance. It was a sight

[23:55] to behold. The USS Ford, I think, was in their port. Our Marines and and uh armed service personnel were helping run their airport and their tower. It is one of the fastest, most dramatic, the most effective humanitarian responses

[24:09] ever. And it they came at the direction of the president. In fact, within an remember because I was overseas, the president called and said, "Make sure we recover from this." And and we did and thanks to your leadership, Mr.

[24:23] 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 phenomenal. So, thank you. Yes, sir. >> Thank you very much, Marco. And just

[24:35] before we uh continue, I want to just congratulate Jake Clayton. He's with us today. As you know, he just had a big victory. He's going to be he's going to do a fantastic job. He's only done a His whole life has been about doing a

[24:48] fantastic job. Congratulations. [applause]

[25:00] for the invitation, the opportunity to be here. Uh it's an honor for the War also from the from the food to the fence line. Uh it's it's an honor to have you. And it's it's great Americans here and

[25:13] all around the country and all the world who are the core of what uh 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. And that that's my takeaway, Mr. President, is um

[25:27] sort of three points. One, it takes courage. Two, it takes restoring a it takes investment. And not just an investment, but a generational that. The courage it takes to seal the border, to say we're going to do it, and

[25:41] going to do it on behalf of the American people. The courage to bomb the Houthies and say we will we will maintain freedom of navigation. You wonder why they're Houthies. They're a proxy of Iran, because they felt the weight of American

[25:55] power for 45 days. And you had the courage to do that. courage to to do midnight hammer include the 12-day war by obliterating their nuclear sites. something no one other presidents had the option on their table to do but they

[26:07] never pulled the trigger because of the complications because of the challenges because of the risk courage the courage to take on the cartels and drugs drug boats and now forming the AC the America's counter cartel coalition with

[26:20] 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 uh get Maduro in the most danger most heavily guarded house inside the most

[26:35] heavily guarded fort inside the most heavily guarded town in their capital changed 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

[26:48] unless a 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 the courage to undertake epic fury uh and and this Iranian regime and ensure they never

[27:01] have a nuclear nuclear weapon, which remains your commitment and frankly the have shown no willingness to do so honestly with with incredible world and give them every opportunity to do it uh give those things up

[27:15] peacefully. All of that takes guts, but that comes on the backs of the change in about spirit all the time and and 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

[27:30] 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 people, Mr. President, are staying because they want to be in that kind of

[27:44] recruitment record amongst young Americans. Every month, our department breaks records. And when did that trend line start? on election day 2024 when

[27:56] the American people said I want to serve under this president and that that new name the department of war has become the ethos the warrior ethos of our department again spirit and I will note uh the flyovers will indeed continue

[28:08] until morale grows [laughter] 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 and then finally Mr. president, a generational

[28:23] investment. You rebuilt the military in your first term with and you've spent in 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.

[28:38] department who's a turnaround guy uh just like the president is saying we the department the way we have in the past. In fact, so far 75 billion dollars

[28:50] in private investment from defense companies who are now investing in new lines to build the munitions of the future faster than ever possible. That's companies themselves are investing that would never the arsenal of freedom would

[29:06] never happen without you. Uh so just like you know we use a lot of the things Ronald Reagan's buildup was a part of uh in this administration and in future Donald Trump and the buildup that he has done and that will be the deterrence of

[29:20] the future will be established because of your investment. So thank you Mr. President >> Scott, Mr. President, I'm honored to be here in this historic place as we celebrate our nation's 250th

[29:34] anniversary. And I think if we look back the whether our founders was president Washington, Thomas Jefferson, Hamilton could not have imagined the economy that we would have created. It is the envy of the world. And as you

[29:50] 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 that because of your leadership, the policies that you did from day one in terms of digital assets,

[30:03] in terms of technology, and bringing back American manufacturing. You know, it it's you you've done it again. You had the incredible economy during your first term, and we are seeing that carry over here. And it is in stark contrast

[30:20] to the Biden economy which was government jobs, government spending and high inflation, the worst inflation in 50 years. And that with the working

[30:32] families tax cut, which I will add every Democrat voted against, every Democrat voted against the it is the perfect barbell for this economy. On one side, barbell for this economy. On one side, you have full expensing for uh

[30:47] factories, for equipment, for farm structures. On the other side, your four signature policies, promises made, promises kept. No tax on tips, no tax in overtime, no tax on social security, deductibility of auto loans if you buy

[31:02] an Americanmade car. And the Americans are started starting to feel that core inflation is low. Consumer confidence is strong. Uh we have the highest consumer confidence came up today the in five

[31:16] confidence came up today the in five months and uh main street is back. Small small banks are linked thanks to your policy. Small banks, community banks are policy. Small banks, community banks are lending again and uh the Americans are

[31:29] starting to feel it. As you said, these Trump accounts are the most successful program launch in government history. We've had 7 million families sign up for them. We're going to the get to open enrollment and we will have 70 million

[31:43] 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

[31:57] presidents to create assets for the American people, not more debt. We had American people, not more debt. We had the biggest tax refund season ever. uh trade deals, tax cuts, energy dominance and dere deregulatory efforts. America

[32:12] 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

[32:26] Main Street prosperity. Real wages are up $1,000. 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%. This is a

[32:42] outperforming the top 25%. This is a working families administration that last in the past year that group had had real w had wage increases 5.5%. They three times the what the top end

[32:58] has has done. So you 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

[33:13] got money coming in and we are rebuilding. So, and then our energy policies. You can come to the US. You're going to have regulatory certainty, tax

[33:25] 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 epic fury to economic fury to

[33:39] constrict on your orders constrict the Iranian regimes the financial tentacles all around the world. We started it in on your orders. We started in March on your orders. We started in March 2025. In December of 2025, the largest

[33:54] bank in Iran collapsed. The central bank had to print money. Uh 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

[34:07] money will go to the Iranian people, Americans who have been harmed by the Iranians, whether the USS Cole, the or the barracks in Lebanon, they or it will

[34:19] go back to when the Iranians attack these ships coming out. So, it's been a privilege to be part of that and the I look forward to the rest of it. >> Thank you very much. [clears throat] I'd like to just add that today there are

[34:33] more people working in the United States than at any time in the history of our country. We have more people working today than we think of that number. More people working today by far than at any time in the history of our country. So,

[34:47] time in the history of our country. So, it's been something very special. >> 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

[35:02] the cabinet members who had been to Camp David before and about I think about 3/4 of them. I raised my hand, but I haven't been here for 62 years. I came here. I

[35:14] came here on weekends, as many weekends as we could between 1961 and 1963. My father loved this place. My uncle loved this place. He was, nobody knows

[35:26] but he was resentful at Dwight Eisenhower for renaming it Camp David. And he if he had got made it to his second term, he was going to rename it Chamberlain, which was the original >> named that Roosevelt had named it. But

[35:43] my uncle prided himself on being the most open, transparent administration in history. He was the first president to have such press conferences. During his thousand days in office, he had about 30 press conferences.

[35:56] You, Mr. President, have press conferences every day. Nobody's done anything [laughter] like that. And and here you've opened the inner sanctum of the presidency for the first time in history. And I think that's a beautiful

[36:10] thing. But you also face, although you gave these guys a lot of compliments, gave these guys a lot of compliments, the most hostile press corp than any president in the United States history uniformly.

[36:22] uniformly. So anyway, um, and I'm [clears throat] going to talk just briefly about subject you alluded to, which is the MFN. And just so everybody has the background, you were ear to every president promised

[36:38] to fix that disparity between what we pay and what the other developed countries pay. When you came into office, the list price for OSMIC was $1350 for Americans. You could get it at any pharmacy in London, Hamburg,

[36:53] Frankfurt for $88. And this every president, President Bush, President Biden, President Clinton, President Obama have all promised to fix this. None of them did anything. You fixed it. TODAY.

[37:07] anything. You fixed it. TODAY. [applause] that's in 2028, um

[37:20] 95% of the drug that that are available to Americans, they will be paying the lowest prices in the world. Trump RX, just in the short time that we since we put it out, has saved Americans $700 million. We now have 800 drugs on there.

[37:37] We have deals with Amazon and with Good RX. We're adding more and more drugs example. Preluent is a very popular cholesterol

[37:49] Preluent is a very popular cholesterol drug. Its list price is $522. That's what everybody is paying. We now have it on Trump RX for $237. That means that the 300,000 Americans who take that drug will be saving $3700

[38:06] 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.

[38:21] Thank you, Mr. President. >> How are you doing on the autism you. We just got >> That's so important. >> okay. We'll be talking about that. We'll be having something of interest. Such an

[38:36] your uncle right there on the wall. I know. I was looking a handsome guy. >> And uh that's quite a picture. Did you see it there? out that way, but it's it's quite a picture. Uh any questions,

[38:50] >> Mr. President? Mr. President, >> I think we've seen these strikes between Iran and the United States over the past few days. How do you reviving the ceasefire and getting diplomacy back on? >> Well, I think we just want to win. You

[39:02] know, we just want to win. We're doing very well. Uh we're trying to be nice, as nice as you can be in, you know, a situation like that. But, you know, they're they're being decimated. They have no navy. They have no air force.

[39:15] have no navy. They have no air force. They have no anti-aircraft. capability. They have some but very little. We just want to win. We don't want to have them. It's very simple. Uh they

[39:28] cannot have a nuclear weapon. Iran will not have a nuclear weapon and they can't Middle East would have been wiped out by now. If I didn't stop the JCPOA, the

[39:41] Obama deal. If I didn't that, they would have had a nuclear weapon. I believe big parts of the Middle East and perhaps other countries.

[39:53] These people are crazy. So they cannot weapon and they won't. >> Mr. President, Mr. >> Over the next four weeks, you know, we'll be hitting them. We'll be hitting them very hard and you know, at some

[40:06] take it anymore. >> Mr. President on the disarmament me deal 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

[40:20] disarm and then Israel leaves Gaza? >> I do have an understanding with Israel. Israel is very happy about it. Israel helped us and they've been very good. said that would be a deal that would be undoable. Now, will it go through its

[40:35] situation over there. The people are very complex and difficult. Many cases wonderful, many cases not so wonderful. But that will be a uh it's a

[40:47] great breakthrough. Nobody's ever thought that would be possible to disarm thought that would be possible to disarm Hamas. Uh that shows you how much uh success we're having with Iran because if you go four months ago, five months

[41:00] impossible. So, it's a big step for the Middle East and people are really it. >> And what comes first, Mr. President? >> Mr. Infantino speak to you about their proposal to sell a stake in the World

[41:13] >> about who >> uh did FIFA or Mr. Infantino speak to >> No, I never >> Mr. President, on the you said this morning on True Social that victims of government abuse should be paid back.

[41:28] fund, would you still [clears throat] want the acting attorney general to find a new way to do that? >> Weaponization against large numbers of people in our country by the Biden administration and by Obama, but by the

[41:42] Biden administration in particular in this case, but large numbers of people, their lives have been ruined. They've been destroyed. Families have been, you know, decimated. They've gone to prison for no reason whatsoever. There's never

[41:56] been a group of people most likely. I mean, I can think of a couple that were there's essentially never been a group of people treated so badly as these people. And this fund, this fund was not for me. This fund was for those people

[42:10] that have been weaponized, that have been abused. Now, I was abused. They attacked my house, Mara Lago, where I live. And I was, you know, big damages want anything. I I'm not talking about

[42:24] myself. I think that there's a group of people in this country uh history will people in this country uh history will show that were treated like nobody else has ever been treated so badly, so horribly. Their families have been

[42:38] ruined many, many suicides. They've committed suicide. People that were very committed suicide. People that were very successful that wanted to go to a rally or an event and ended up spending the

[42:50] rest of their lives in horror. No. So, I mean, you can say what you want about the fund and uh they they've agreed to not have a fund, but there are a lot of lot of Republican people, a lot of Democrat people are very upset about it.

[43:05] 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 I wasn't looking people. And I'll tell you something, Todd Todd Blanch is a very very good

[43:20] 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. And to make him a pawn in this whole thing, this is being done by a senator and I

[43:32] 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 the went through the roof and he won the the primary election in Texas or Senate and

[43:45] endorse has become very angry. And that's okay. would do the same thing. You want to know the truth? I think I do the same agree, just to be clear, do you agree with the acting attorney general that

[43:59] the anti-weaponization fund is dead? And why not just put that in writing? It >> is dead, but you know, 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

[44:11] This has nothing to do with Todd. This was me. Uh, horribly abused. And I'd like to see them compensated for the the pain. They lost their families. They committed suicide. Many people committed suicide. They went down for an innocent

[44:25] journey. And I'm not only talking there. 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.

[44:39] >> But should they put it in writing to accept limits on the scope of the audit General Blanch confirmed? >> Well, no. He should be approved forth a person like that. Everybody agrees to

[44:52] it. Don't forget, uh, Senator Cornin thought he was phenomenal until he lost. You know, when he lost, is that a correct statement? You come from Texas. >> I mean, he thought this was the most incredible person. Then when he lost,

[45:05] somebody else. And as soon as I endorsed the other person, the other person became a rocket ship upward and he lost. And, you know, I think I'd be the same. >> I mean I I shouldn't say that but I I'd be upset also and I so I fully

[45:22] 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 caused their defeat to and you know probably hear from them too. Yeah.

[45:35] >> 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. >> We've already gone big. Look, I mean, what's big? They had 159 ships. That was

[45:49] their entire navy. 159. Their entire navy is laying at the bottom of the sea. I'd say that's going big. Uh they had 200 airplanes are all gone. Every one of them. They don't have one airplane. They had anti-aircraft weaponry. Very good,

[46:02] but it didn't work. And uh it's all gone. Their radar is all gone. Their leaders are all gone. Everything's all gone. But they'll fight onward. >> Mr. President, on Ukraine, you said the other day that you're not sure about

[46:15] whether to grant Ukraine the Patriot missiles that have been discussed. Want to see more from Zalinski before you take that action? >> Well, it's a big step. Look, we have the greatest weapons in the world. We have

[46:28] don't know that we have the greatest weaponry in the world. We have, in the case of uh President Zalinsky, he'd like to have some Patriots. They'd like to have some tomahawks which are you know lethal one off one

[46:43] lethal one off one but give somebody 8,600 miles an hour. Think 8,600.

[46:58] Now a car if you go 60 it gets to be a little faster. If you go 100 8,600 miles an hour and they were big missiles and they were shot at Jordan and our guys they were shot at Jordan and our guys were there bing bing bing bing bing five

[47:14] bing bing bing bing bing right I don't want to be bing [laughter] six I had to be very careful that would have been that would have been a great sound there were five missiles and we shot all five down before they got close

[47:28] nobody else has that capacity these weapons are incredible and we have to be very careful about letting somebody build them. You know, it's very uh important. Now, we are building many plants now to make those and other the

[47:43] plants now to make those and other the tomahawk missile is have to be very judicious, but you have to be very careful. Uh now, we have not

[47:58] agreed to that. We're talking about it, but it's a hard thing to give away that Uh, and I don't think this would ever happen. You give that technology, they can someday turn on you. You know, that is

[48:12] happened a couple of times over the years, right? So, we have to be very careful. I mean, we we guard that. We have the greatest military in the world, world. Now, we have to make them a little bit faster because we've given a

[48:26] lot away. You know, U. President Biden unfortunately gave a lot of weight to unfortunately gave a lot of weight to Ukraine and he gave so did I. I mean I gave them the javelins, the tank busters. Without the javelins that that

[48:39] war would have been a one day war would have been over. They wiped out the tanks going up to Kiev when they got stuck in the mud.

[48:52] over. than the Javelins. The Javelins are unbelievably the greatest weapons in the world. We have to be very careful about giving out the secrets to those weapons and they're not you you can't copy them.

[49:06] and they're not you you can't copy them. It's a little like uh Nvidia. They have a chip. They say you cannot copy it. The complexity is so great you cannot you know most things you copy. China's known for it. Other countries are we do

[49:19] 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

[49:33] can't the complexity. They can't copy our weapons. We have the greatest Those are just two or three that I mentioned, but you cannot copy them. So, >> Mr. President, >> as as Hamas disarms as part of this

[49:48] possession of those weapons that they have? Does that go to the new >> It's going to be the border of peace. Mostly it's going to be run by the border. This border of peace has been an amazing It's led by some amazing people.

[50:00] >> on Iran. Mr. President, you said they do have some capabilities left. Should Americans be prepared for these back and forth attacks to continue until Iran >> They'll get weaker. They'll get a little stronger maybe now, but they'll get

[50:14] weaker and then they peter out. Uh, yeah, sure. I think so. I mean, it would always have to keep your guard up. >> What is the status of talks? Who who but they break their word so often.

[50:28] Steve is talking, Jared, we have very good people. Uh JD's involved, very strongly involved. Uh we have great people talking. Marco's involved >> Very good people. We have the best people. But they'll make a deal. As an

[50:43] we'll be in there talking about nuclear for seven hours. I say why is it 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 discuss nuclear

[50:58] and they'll go out and they'll say we never discuss nuclear and I say why why do they say that all they do is make me angry you know they just make me angry >> you believe that you can reach a deal with Iran given that you talked about

[51:12] how disloyal they are >> I'm I'm losing faith in them because >> I'm I'm losing faith in them because they do lie and do they do misrepresent. were shot. We knocked them down, but we were in the midst of a negotiation. I

[51:25] mean, 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. Fortunately, our people

[51:39] operated the equipment. It's also very complex to operate. You know, you talk about the equipment. It's a very you you have to be oftentimes you see where did you go to school MIT Caltech I mean you know they go to schools that are not as

[51:54] with you we have unbelievably brilliant people operating that equipment and when you don't you know the equipment uh the shots miss the safety misses or the accuracy misses we have unbelievable people think of it we had 111 at one

[52:11] 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 to me, designed ones. 111 missiles going out.

[52:27] designed ones. 111 missiles going out. Out of the 111 missiles, 111 missiles were shot down quite a bit earlier than they got. I mean, long down. It was almost in a couple of cases it was shut down almost as they were

[52:42] taking off. Uh it's incredible technology. So you have a ship that cost billions of dollars and you have missiles heading to it. 111 missiles missiles heading to it. 111 missiles were shot down routinely shot down

[52:58] like to reward people. I call them up on the president and uh they were cool as a >> Mr. President, the last speech of strikes uh by Sencom. SenCom has said

[53:11] ability to disrupt the straight of Horus. How many more strikes will it >> Well, you never know. Look, I mean, most people would have given up by now. You air force. Most people would have given up. They haven't. So, I give them credit

[53:25] tough. They're tough. >> Back back on Ukraine. What did you tell Did you explain all that to >> I did. I talked about Patriots. I spoke about everything. I also spoke to him about let's get this war over with. So

[53:41] last month they had 25,000 people. It's averaging about 25,000 people a month averaging about 25,000 people a month die. Mostly soldiers almost entirely but you know missiles are hitting areas also but mostly soldiers. They're 25,000

[53:54] 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 noticed.

[54:07] concessions, President Putin. >> Well, nobody wants to make concessions, but they're both going to have to make some concessions. I mean, you got to some concessions. I mean, you got to make a deal. 25,000 young, beautiful

[54:20] people, soldiers, mostly soldiers are dying a month. It's uh I ended eight wars. That was the war I thought would maybe go first. And it really hasn't. It's gone last. I mean, I ended wars that were in theory much more difficult

[54:35] that were in theory much more difficult to end. We had a couple that were into the 30-year category. Well, the Congo, look at the Congo and Rwanda. That was look at the Congo and Rwanda. That was our nasty war. And uh peace. I don't

[54:47] know how long that was going to stay, but we uh ended India, Pakistan. 11 planes were shot down. That was raging. That was good. I used tariffs. I said, That was good. I used tariffs. I said, "If you're going to go to war, 250%

[55:01] 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." I mean, I ended up and the prime minister of Pakistan said, "I

[55:14] saved 50 million lives because that's two nuclear powers, much, everybody. Thank you. >> Can you rule out that Iran is behind the water attacks? Can you rule out that Iran is behind that cyber attack?

[55:28] >> I don't. >> No, I think Minnesota is behind it. You know who's behind it? Minnesota. Because they're grossly incompetent. I think the governor is behind it. I don't think there was an Iranian cyber attack. I

[55:41] think that uh Minnesota ought to get its act together. It's one of the worstrun states. JD will tell you he found tremendous corruption in Minnesota. And by the way, just gave me a report. Massive, massive future things having to

[55:55] do with corruption in Minnesota are happening right now. Thank you very happening right now. Thank you very much. >> Thank you. >> Thank you.