| Speaker | Time | Text |
|---|---|---|
|
America 250 Celebrations
00:03:08
|
||
| That saw a flag at the office that needed to be replaced and said, wouldn't this be great if this can be something that we did for anyone? | ||
| Comcast has always been a community-driven company. | ||
| This is one of those great examples of the way we're getting out there. | ||
|
unidentified
|
Comcast supports C-SPAN as a public service, along with these other television providers, giving you a front-row seat to democracy. | |
| President Trump signed an executive order to bring the IndyCar race to Washington, D.C. this year. | ||
| The race would be part of America 250 celebrations. | ||
| Transportation Secretary Sean Duffy, Interior Secretary Doug Bergh, and Penske Corporation CEO Roger Penske were at the Oval Office for the announcement. | ||
| The president also answered reporters' questions on several topics, including his nomination of Kevin Warsh to serve as the next chair of the Federal Reserve. | ||
| Hello, everybody. | ||
| Yose. | ||
| So I have some incredible people, and this is a very exciting thing that we're doing. | ||
| And it was fast. | ||
| They've wanted to do it. | ||
| I understand they've been here hundreds of times over the years trying to do it. | ||
| And they're going to give you a little bit of history. | ||
| Roger Penske, everybody knows he's a legend in many different things, but certainly in racing, he's won the Indianapolis 500 20 times. | ||
| On the 18th time, I said, he's been a friend of mine for a long time, but on the 18th time, I said, I think I'm going to give him the Presidential Medal of Freedom because, you know, how do you do that? | ||
| Japan, Germany, Roger, right? | ||
| Everybody, they want to win the Indy 500. | ||
| They spend billions of dollars getting a car. | ||
| This guy wins it like every year. | ||
| He won it so many times that he ended up buying the track. | ||
| So now he owns a track, he owns a race, it says pretty good. | ||
| Now he's won it, though. | ||
| He won it two times since he got it. | ||
| And it's a total of 20. | ||
| And didn't you win the Daytona 500? | ||
| How many times? | ||
| Four times. | ||
| That's all? | ||
| That's terrible. | ||
| I can't believe it. | ||
| Anyway, if you win it once, it's like great. | ||
| The guy's amazing. | ||
| He's a genius and a real genius at cars and racing. | ||
| And they are going to put up something that's really amazing. | ||
| It's really having to do with our great 250th birthday where we're having so many wonderful things. | ||
| UFC is coming, as you know, in front of the White House with a building literally a stadium. | ||
| We're going to have over 100,000 people. | ||
| And this is going to have a lot of people. | ||
| I won't even say how many people because I think it can set a record for racing. | ||
| It's going to be very, very important. | ||
| We're celebrating greatness with American Motor Racing. | ||
| That's going to be the name of the event. | ||
| It's going to take place on August 21st through the 23rd. | ||
| And it's going to be so exciting. | ||
| And I love the race. | ||
| I don't have a lot of time to watch it, but I love the racing. | ||
|
18 Trillion Success Stories
00:03:18
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||
| And just before we start, I will say numbers came out this morning. | ||
| They're phenomenal for the country. | ||
| So we announced yesterday that for the first time in, I think, 28 years, America made more steel than Japan. | ||
| Can you believe it? | ||
| Japan's a big steel country. | ||
| America made more steel than Japan. | ||
| The numbers are record-setting numbers. | ||
| Every one of our numbers are good. | ||
| We've never had anything like it. | ||
| We have over $18 trillion coming into our country. | ||
| We're building thousands of plants and all sorts of businesses all over the United States. | ||
| It's never been anything like it. | ||
| $18 trillion investment. | ||
| So we have over, fellas, we have over $18 trillion being invested in the United States of America. | ||
| record was 3 trillion 10 years ago, not by us, by another country. | ||
| And we're going to do 18 and I think the 18 is going to go higher. | ||
| We're just looking at 11 months. | ||
| The 12th month hasn't come in yet, but it's going to bring us over 18, maybe even hit 20. | ||
| So you have 18 to 20 trillion dollars coming in and we've never had anything like it. | ||
| We have a record we just set, as you know. | ||
| The S ⁇ P 500 just set a new record, 7,000. | ||
| Nobody thought that was possible in this quicker time. | ||
| They thought maybe at the end of four years or five years or six years. | ||
| But we did it in the first year. | ||
| And we had 48 stock market highs, Roger. | ||
| So Roger's a big beneficiary because he has a lot of stock. | ||
| But anybody that has stock, including people with 401ks. | ||
| So the economy has never been like this. | ||
| It was just announced that crime is at an all-time low. | ||
| Lowest number, best numbers on crime in the recorded history of our country. | ||
| And the lowest numbers of murders in the history of our country that we have, recorded history, goes back 125 years. | ||
| That's not bad. | ||
| And a lot of that is because of the fact that we have a closed border. | ||
| We've taken out thousands and thousands of criminals and murderers and drug dealers and everything else. | ||
| And we've either brought them back to their country or in some cases we have to put them in our jails because we don't want to have them come back. | ||
| And so we don't want to just bring them back to their country and then they maybe come back. | ||
| Despite our border, they're pretty sneaky, pretty smart. | ||
| So we're doing things that nobody's ever seen before. | ||
| The country is really in great shape. | ||
| We have a large armada flotilla, go out whatever you want, heading toward Iran right now, even larger than what we had in Venezuela. | ||
| It's still in front of Venezuela. | ||
| The Venezuelan situation, the leadership is doing a very good job. | ||
| We're very happy and we're getting along very, very well. | ||
| And we're inviting countries of the world very shortly. | ||
| They're going to be starting to take the oil. | ||
| We're going to be heading that with the country. | ||
| And it's worked out really well. | ||
| We're now sending actually a larger number of ships to Iran. | ||
| And hopefully we'll make a deal. | ||
| If we do make a deal, that's good. | ||
| If we don't make a deal, we'll see what happens. | ||
| But this is going to be exciting. | ||
|
Celebrating Success in Venezuela
00:14:57
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||
| So I'm going to ask, and he really is a legend. | ||
| He's a great man. | ||
| I've known him for a tremendously long time. | ||
| I refuse to say how. | ||
| We were both young. | ||
| Now we're both a little older. | ||
| We refuse to say old, but we're a little older. | ||
| But Roger Penske is the chairman, as you know, of Penske Corporation. | ||
| He's got everything you can imagine, mostly, I think, to do with automotive. | ||
| And I'd like to ask him to say a few words about the event because this is going to be, they're putting everything behind it, and I think it's going to be really exciting. | ||
| Roger, please. | ||
| Well, thank you, Mr. President. | ||
| This is a really amazing time for us as a company to support the 250th anniversary for the country. | ||
| And there's no better way for us to bring automotive and speed into the DC area and to have the opportunity to be able to compete here with our IndyCars. | ||
| As you know, we own the Indianapolis Motor Speedway. | ||
| We are taking that history of over 100 years and the speed and what's taking place there with the different manufacturers and bringing it here to this race will be amazing. | ||
| Certainly the Freedom 250, when you think about it, it's just a byproduct of what the President has done during this year. | ||
| And this will be an event, obviously, in August, which will make a huge difference. | ||
| And we're excited. | ||
| It'll be areas for people to see. | ||
| Most of the grounds will be free, so it's going to be an economic benefit to the area, to the city, and obviously with our Fox partner, Eric Shanks, will be our media partner. | ||
| And believe me, what they did for us at Indy this past year, they're going to take that and put it on steroids, really, and take it to the next level. | ||
| So thank you, Mr. President, for allowing us to come into your service. | ||
| It's so great, Roger. | ||
| Thank you. | ||
|
unidentified
|
Thank you. | |
| Great man. | ||
| Eric, I'd like to have you say a few words. | ||
| He's done a fantastic job at Fox, and he's really excited about this. | ||
| And I know they're going to lay it on the line. | ||
| Eric, please. | ||
|
unidentified
|
Sure. | |
| Well, thank you, Mr. President, for having us here today. | ||
| Big shout out to Secretary Duffy. | ||
| This project was kind of on life support until you stepped in recently and got us here today. | ||
| Secretary Bergham, your team has been absolutely incredible. | ||
| How many times you came to Washington trying to do this? | ||
|
unidentified
|
I think Bud came here 81 times. | |
| 81 meetings I had on Capitol. | ||
| Meeting with senators, meeting with people at the Capitol. | ||
| And they all wanted it. | ||
| Everybody wanted it, but they couldn't figure it out. | ||
| It was crazy. | ||
| 80 somewhat. | ||
| That's pretty amazing. | ||
| So go ahead, please. | ||
|
unidentified
|
Well, it's a real honor to be a partner with Roger and IndyCarr. | |
| And at Fox Sports, we do the biggest events in sports this year. | ||
| We have the FIFA World Cup that we'll be celebrating here as well. | ||
|
unidentified
|
And then dovetailing right after that, to be able to celebrate America's birthday on Fox is an absolutely incredible honor. | |
| And everyone at Fox Sports can't wait to see exactly how this is going to unfold and bring it to life. | ||
|
unidentified
|
So Mr. President, thank you again for signing this today. | |
| And the big thing, it's August 21st through the 23rd, and I believe the race is on the 23rd, right? | ||
|
unidentified
|
Yes. | |
| That's going to be incredible. | ||
| They're going to have practice sessions. | ||
| It's going to be just a very exciting period, I think, for Washington. | ||
| If I could, I'd like to ask Sean Duffy, the Secretary of Transportation, who's terrific and doing a great job. | ||
| Much more important than Sean is we have Rachel Camp Stuffy here. | ||
| And she's one of the greatest people I know and one of the greatest people on television. | ||
| So most of you know her. | ||
| But I don't think we'll have to speak about the race because she knows less about it than anybody up here. | ||
| But she is fantastic. | ||
| Sean, please. | ||
| So the president gave us all a drug to which I'm grateful for. | ||
| We're going to celebrate America's 250th birthday. | ||
| And he asked all of us to think outside the box. | ||
| How do we make this historic and cool? | ||
| And let's all do this together. | ||
| And he loves the country and loves the birthday. | ||
| And so we at DOT were working on this concept. | ||
| We didn't know at the same time Penske was working on the same project too. | ||
| And so we've come together and Doug has been a wonderful partner. | ||
| But to think 190 miles an hour down Pennsylvania Avenue, this is going to be wild. | ||
| The last time we had a race in the capital city, Bud, was when? | ||
| 1801, Thomas Jefferson with a horse race. | ||
| A horse race in 1801, Mr. President. | ||
| Now we're going to do it. | ||
| We're going to do a real race. | ||
| That's so great. | ||
| So listen, this doesn't happen. | ||
| We just don't come in and ask the president to sign. | ||
| There's a lot of work that goes into this. | ||
| As you can tell, Bud and my chief of staff, Pete, all had a lot of meetings on the Hill. | ||
| We couldn't be more excited about this. | ||
| Again, I'm going to repeat, this is free for the American people to come to your nation's capital and see a great road race, freedom, America, speed, and road racing. | ||
| It doesn't get more American than that, Mr. President. | ||
| So thank you for signing this and thanks for all your support. | ||
| That's fantastic. | ||
| And what a job you've done. | ||
| They put it together very quickly. | ||
| They've been coming here for years and everybody wanted it. | ||
| You know, every senator wants it, every Congress, everybody wants it, but they don't get things done. | ||
| Trump gets things done. | ||
| We didn't have 89 meetings. | ||
| We had maybe a half a meeting. | ||
| I think this is probably about a half a meeting. | ||
| I'd like to thank Pete Meacham for the great job you've done representing us and Luke Bunting. | ||
| These are two young people that work with us, and they've really been fantastic. | ||
| I'd like to ask Doug Bergham to say a few words. | ||
| He's very much involved through his position of interior because a lot of the space is interior. | ||
| He sort of has a, I think he's the largest landlord anywhere in the world by far. | ||
| So, Doug, could you say a few words, please? | ||
| Yeah, absolutely. | ||
| Thank you, Mr. President. | ||
| This birthday that's coming up, the 250th anniversary of America Freedom 250, is the most monumental birthday maybe of any country ever in the history of the world. | ||
| And President Trump, with his directive to celebrate this thing, we've got a, what's more American than race car driving? | ||
| What's more monumental than the Indy 500 as an icon of what's going on in our country? | ||
| And so merging the history and the tradition of our capital, Washington, D.C., with the speed and the innovation that goes on in the IndyCar series is incredible. | ||
| And it's a great metaphor because the speeds we're talking about is the speed of President Trump. | ||
| I want to reiterate, there weren't 81 meetings with the Trump administration. | ||
| I think it was they called President Trump. | ||
| He got Sean and I going. | ||
| And was it, that was like from Saturday till now. | ||
| We have a race. | ||
|
unidentified
|
One week. | |
| One week we have a race as opposed to like four months of talking. | ||
| So I think there's also a metaphor here about President Trump, who's an incredible sportsman. | ||
| He's an athlete himself, but he loves sports. | ||
| And so whether it's soccer, UFC, the football draft, NFL football draft coming, IndyCar, and all the teams that he hosts here, I mean, to any American who loves sports, you've got to love this president because he's bringing professional sports to our capital. | ||
| And again, August 21st to 2030, you talk about the economic impact. | ||
| By the time all these reporters get done telling the story, there's not going to be a hotel room available in this city on that weekend because everybody's going to want to be here. | ||
| People that maybe have wanted to see an IndyCar race their whole life are now going to have an opportunity to come to their capital, celebrate 250, and see an IndyCar race for free. | ||
| And they're going to be able to see it on the national mall. | ||
| And wherever you put down your lawn chair and watch this race for free, you're going to be staring at the Washington Monument, the Lincoln Memorial, the Jefferson Memorial. | ||
| And I'm sure there's going to be fireworks this weekend too. | ||
| I'm sure of that. | ||
| And if you need a permit, you can get one from the chariot. | ||
| So anyway, it's absolutely incredible. | ||
| And congratulations to Sean, the Penske organization, Fox Sports, everybody for putting together this is going to be a great celebration for America. | ||
| Thank you very much. | ||
| And you're doing a fantastic job. | ||
| Could I just ask Bud Danker? | ||
| He's the president of Penske Corporation, to say a few words. | ||
| Well, thank you, Mr. President. | ||
| You know, Eric Shanks and I from Fox had this dream just last July. | ||
| And could it ever be possible to bring a race to our nation's capital to celebrate our country's history? | ||
| And everybody said there's no way. | ||
| It's impossible. | ||
| How do you put a race on at 190 miles an hour in a city like Washington, D.C.? | ||
| I came here, I walked this area for a while. | ||
| I found a racetrack on the Capitol grounds, up against a lot of meetings and couldn't get the kind of support we need. | ||
| So within a week, Secretary Duffy, we put this together with the president, didn't we? | ||
| And now we have a race here on our city property, on the national properties that is going to celebrate America. | ||
| The word free shouldn't be overridden because we are going to have a free event here. | ||
| People come out and celebrate our country's history. | ||
| I also want to thank Mayor Bowser. | ||
| She has been a great partner in this process as well, too. | ||
| So I know that Mr. President, she's a great supporter of what you've done here in the city as well, too. | ||
| And we thank her for this. | ||
| But we're going to have an amazing event. | ||
| We're going to make everybody in this country proud. | ||
| We want everybody to come out perforate and enjoy this and celebrate our country the way it should be here in the nation's capital. | ||
| Thank you, Mr. President. | ||
| And I said, pick the best site. | ||
| It's very important. | ||
| Pick the best site. | ||
| Don't go for second or third because there are a lot of different routes. | ||
| I said, pick, even if it's more difficult to get, to get approved. | ||
| Pick the absolute best site. | ||
| And they were actually looking at another site, and when I said that, they said, well, the best site is this site, the site we're doing. | ||
| I said, let's take a look at it. | ||
| And we think it's the best site too. | ||
| It's actually better than the original site they were looking at. | ||
| But if we're going to do it, we want to do it right. | ||
| So this is going to be something in terms of the road width, the crowds, and everything else that we can all best site, one of the best sites they've ever seen, actually. | ||
| It'll be beautiful. | ||
| So I'm going to sign this. | ||
| And if you have any questions on this subject, that'll be great. | ||
| We just named a new Fed chairman today. | ||
| You know that? | ||
| He's Central Casting. | ||
| He's Roger Penske's Central Casting. | ||
| Very nice. | ||
| You know him, Roger? | ||
| Very good guy. | ||
| Roger, no auto pen. | ||
| I didn't use an auto. | ||
|
unidentified
|
Thank you. | |
| Here, Roger, take that. | ||
|
unidentified
|
I will. | |
| Thank you. | ||
| Here you go, my man. | ||
| I don't want to sign each letter. | ||
| You know, they sign each letter. | ||
| They hand pens. | ||
| I used to watch these presidents. | ||
| One letter. | ||
| You're going to see what it looks like at the end. | ||
| Never looks too good. | ||
| Here, Rachel, take that. | ||
| Thank you. | ||
| Congratulations. | ||
| This is really exciting. | ||
|
unidentified
|
Thank you so much. | |
| I'm a chair nominee since you just brought it up. | ||
| Did Kevin Warsh admit to you that he will push to cut interest rates if he is confirmed? | ||
| So, but we talk about it, and I've been following him, and I don't want to ask him that question. | ||
| I think it's inappropriate, probably. | ||
| It probably would be allowed, but I want to keep it nice and pure. | ||
| But he certainly wants to cut rates. | ||
| I've been watching him for a long time. | ||
| Did you have any concerns about his hawkish history of pushing for rate hikes? | ||
| He's going to want to do the same thing. | ||
| I think that, yeah, I've had times when I think you've had to really have rate hikes too. | ||
| But he's very smart, very good, strong, young, pretty young. | ||
| And I think he's going to do a good. | ||
| I mean, he was the central casting guy that people wanted. | ||
| Kevin was great. | ||
| I tell you what, I met numerous people. | ||
| Every one of them were fantastic, really fantastic. | ||
| I wanted to keep Kevin here. | ||
| And I thought that I called Kevin 1 Kevin 2. | ||
| And we have, I said, it's going to be a Kevin. | ||
| But, you know, Kevin really has been fantastic at the White House. | ||
|
unidentified
|
You all know him. | |
| You know him very well. | ||
| And so we have Kevin W. Are you concerned, Mr. President, about the confirmation appearance? | ||
|
unidentified
|
We've heard no. | |
| No, Tillis. | ||
|
unidentified
|
No. | |
| You think so? | ||
| With the DOJ investigation that's going on. | ||
| This is in the whole country. | ||
| I would say that this was the perfect candidate. | ||
| This was not a surprise or anything. | ||
| This was the man that's most qualified. | ||
| Top student, best schools, everything was like perfect. | ||
| Youngest person ever to serve on the Fed. | ||
| Got the whole package. | ||
| Looks don't mean anything, but he's got the look. | ||
| Roger, looks don't mean anything, but if they have the look, it's okay. | ||
| But he's got the whole package, and I think he's going to do a great job. | ||
| And he loves the country. | ||
|
unidentified
|
Mr. Red, why do you think that's the one? | |
| Yeah, wait, wait, wait. | ||
| Please in the back, yes. | ||
|
unidentified
|
Are you giving Iran any kind of deadline to make a deal before potentially taking it? | |
| Only they know for sure. | ||
|
unidentified
|
Have you communicated that to them? | |
| Yeah, I have. | ||
|
unidentified
|
Is the president for when you're going to pull back potentially the federal presence there? | |
| We'll see how it all works out. | ||
| They have to float someplace, so you might as well float near Iran. | ||
| But it's a rough situation going on. | ||
| So I stopped 837 people, as you know, last week from being hung. | ||
| They were going to hang 830. | ||
| It was all set. | ||
| And I'm looking at the people behind me. | ||
| They say, what kind of racing is a lot nicer than that? | ||
| They were going to hang 837 people, and I told them if you do it, you're going to pay a price like nobody's ever paid before. | ||
| They pulled back. | ||
| I appreciated that. | ||
| But a lot of people are being killed. | ||
| So we'll see what happens. | ||
| I can say this: they do want to make a deal. | ||
|
unidentified
|
Virginia flipped the governor's. | |
| And now they're looking at 50 proposals to increase taxes. | ||
|
unidentified
|
What do you think about that? | |
| Well, I think it's terrible. | ||
| I think a lot of people will leave Virginia. | ||
| I saw that. | ||
| Look, Glenn was a friend of mine, Glenn Younken, and worked so hard on cutting taxes. | ||
| This woman came in and in one swoop she raised everything up higher than it ever was. | ||
| I don't understand it. | ||
| I mean, people voted for Democrat. | ||
| But she came in and she raised, and I'll work with her like I work with everyone else. | ||
| But she came into Virginia, raised everything to a point like taxes that nobody ever even heard of before. | ||
| And I don't understand. | ||
| How do people get elected with this kind of philosophy? | ||
| This is only in the very modern age. | ||
| You know, I grew up and I've always heard politicians will cut taxes, we'll cut, everybody's screaming, we're going to cut taxes. | ||
| I cut taxes. | ||
| I gave you the biggest tax cut in the history of our country in the Great Big Beautiful bill. | ||
| No tax on tips, no tax on Social Security, no tax on overtime. | ||
| Interest deductions, Roger. | ||
| When somebody buys a car, they can deduct the interest if they borrow money. | ||
| That's the biggest thing in terms of the car business, right? | ||
|
Election Promises Unfulfilled
00:10:56
|
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| American-made ones. | ||
| Correct. | ||
| So we have, you know, I give tax cuts and they give tax increases. | ||
| I don't know how they get elected. | ||
| They get elected because they cheat. | ||
|
unidentified
|
You want to know the truth. | |
| If they didn't cheat, if they didn't cheat, they'd have no chance. | ||
| They have a horrible policy. | ||
| Transgender for everyone. | ||
| They have the little thing about open borders so that the world's prison population and mental hospitals can be emptied into our country. | ||
| It's just a crazy men playing in women's sports. | ||
| Roger, are you a fan of men playing in women's sports? | ||
| Only is it better. | ||
| You'd like to bet. | ||
| You're not a big fan. | ||
| I don't think so. | ||
| I don't want to get him in trouble, but I think he joins the 99%. | ||
| They say it's an 80-20 issue. | ||
| I think it's maybe 99-1. | ||
|
unidentified
|
Mr. President, why are you suing our administration and the IRS? | |
| Why are you suing? | ||
| Who are you with? | ||
| Out of the ABC News. | ||
| You're a loud person. | ||
| Very loud. | ||
| Let somebody else have a chance. | ||
|
unidentified
|
Can you answer the question? | |
| Why are you suing? | ||
| ABC fake news. | ||
| ABC fake news. | ||
|
unidentified
|
You're suing. | |
| Go ahead. | ||
| I didn't call on you. | ||
| Go ahead, please. | ||
| Go ahead. | ||
| Go ahead. | ||
|
unidentified
|
Do you think the upcoming? | |
| ABC, by the way, is truly one of the worst. | ||
|
unidentified
|
Do you think the upcoming talks between Russia and Ukraine stand a chance without U.S. envoy Lakoff and Jerry Kushner there? | |
| I think they stand a chance. | ||
| We've been trying. | ||
| I've ended eight wars. | ||
| All of them I thought were going to be maybe tougher than this one. | ||
| But Zelensky and Putin hate each other, and it makes it very difficult. | ||
| But I think we're getting very close to getting a settlement. | ||
| Hundreds of thousands of people, mostly soldiers, have been killed. | ||
| Last week they lost 29,000 people. | ||
| Last month they lost 29,000 soldiers. | ||
| Can you believe that, fellas? | ||
| 29,000. | ||
| You lose one race driver and it's a big deal. | ||
| 29,000 soldiers in one month, 27,000 the month before. | ||
| I think that, yeah, I think that we have a good chance of getting it settled. | ||
| Yeah, my pleasure. | ||
|
unidentified
|
Mr. President, on the Warsh nomination, what is your strategy for getting past the hold that Senator Tillis has on this process? | |
| He said he won't allow. | ||
| Well, that kind of thinking is why he's no longer a senator. | ||
| He's going to be out of office. | ||
| It's too bad. | ||
| I always liked Senator Tellis, actually, but he did some things that were not smart. | ||
| And whatever. | ||
| I mean, you know, if he doesn't approve, we just have to wait till somebody comes in that will approve it, right? | ||
| So that's it. | ||
| But I saw that. | ||
| He wants to be an obstructionist. | ||
| But we have a lot of obstructionists. | ||
| I've had a lot. | ||
| and we've created the best presidency maybe ever. | ||
|
unidentified
|
If Iran doesn't make a deal, is your plan to replicate there what you just did in Venezuela? | |
| I don't want to say that. | ||
| I don't want to talk. | ||
| I mean, I don't want to talk about anything having to do with what I'm doing militarily, but we have a tremendously powerful fleet there. | ||
| We have the most powerful ships in the world. | ||
| We have the most powerful military by far in the world. | ||
| We showed that on numerous occasions. | ||
| I mean, I rebuilt the military in my term. | ||
| If I didn't do, I wouldn't, I think, be able to say that. | ||
| But I rebuilt the military, the entire United States military in my first term. | ||
| And now we're building it bigger, better, stronger than ever before. | ||
| I'm adding to it. | ||
| We're adding something called the battleship. | ||
| You would find this interesting. | ||
| You know, the old-fashioned, beautiful battleships. | ||
| And we're adding up to 25 of them. | ||
| Each battleship is 100 times more powerful than the battleships of the 1940s, so to speak, powerful ones with the guns, because of what the ships carry. | ||
| But we're going to build 10, and then we'll see how we like them. | ||
| And we're going to go and do another 15 after that. | ||
| Could be up to 25 battleships. | ||
| 100 times more powerful. | ||
| Can you imagine that? | ||
| And it's peaceful strength. | ||
| We don't want to use them, but if we have to use them, we will. | ||
|
unidentified
|
Mr. President, on the Fed, should the DOJ continue with its investigation into Jay Powell? | |
| That seems to be a sticking point for Senator Telles. | ||
| Well, he's got a building that, you know, I build buildings and I build them under budget ahead of schedule. | ||
| I build them, but they're within reason always. | ||
| And this is a small little complex that's costing billions of dollars, most expensive job per square foot ever built. | ||
| And it's a little complex. | ||
| It's a little Fed complex. | ||
| I built the hotel on Pennsylvania Avenue and I built it for around $200 million. | ||
| And it's bigger than that. | ||
| They're spending many times that amount to do a renovation of a building. | ||
| I've heard numbers as high as $4 billion. | ||
| $4 billion to build a building. | ||
| I could have renovated that building and fixed it up, made it beautiful for $25 million. | ||
| They're going to spend close to $4 billion on it. | ||
| So it's either gross incompetence or it's theft. | ||
| Somebody's making money because you can't spend. | ||
| It's more per square and you have half a building there. | ||
| You know, you have the structure, you have the ex-year skin that they're not changing much. | ||
| They're building a building and they're spending almost, I mean, I'm hearing numbers of between $3 and $4 billion. | ||
| It's the most expensive structure ever built per square foot. | ||
| So he's either incompetent or he or somebody is a crook. | ||
| And we'll find out. | ||
| Mr. President, on Minneapolis on Minneapolis, Governor Tim Walz recently likened the conflict on the ground to Fort Sumter, sort of implying that this is the beginning of a civil war. | ||
| Do you agree with that characterization? | ||
| Do you feel like there's a civil war brewing in which Governor De Tells? | ||
| Does he know what Fort Sumter was, or do you think somebody wrote it out for him? | ||
| No, this is, I was elected on law and order. | ||
| I was elected on a strong border. | ||
| We had a border that allowed 25 million people to come in. | ||
| Many were murderers. | ||
| They murdered people. | ||
| We had 11,888 murderers. | ||
| We had prisons, including Venezuela, but Venezuela opened its prisons. | ||
| So did the Congo. | ||
| The Congo in Africa opened its prisons and dumped people into our country. | ||
| Many countries did that. | ||
| I would have done that if I were leading a country. | ||
| I would have dumped the prisoners into our country. | ||
| We had open borders. | ||
| We had all these things. | ||
| I was elected on law and order. | ||
| I was elected on the economy. | ||
| I was elected on a lot of reasons. | ||
| Because when I took over, we inherited a mess. | ||
| Prices were too high. | ||
| Inflation was the highest it was in 48 years. | ||
| I say ever, but the media always corrects me by saying it's only 48 years. | ||
| I think 48 years almost sounds worse. | ||
| But when I was elected, I was elected to do a job, and one of the big things I was elected to do is law and order. | ||
| We now have the lowest crime rate in the history of our country. | ||
| We have the lowest murder rate in the history of our country. | ||
| We have Washington, D.C., which was a dangerous place to walk, is now a totally safe city. | ||
| You can walk with your husband or your wife. | ||
| You can walk with your children right down the middle of the city. | ||
| Nothing's going to happen. | ||
| We did a great job. | ||
| We had the National Guard. | ||
| We have soldiers. | ||
| We have people that nobody's going to mess with. | ||
| And we've taken out. | ||
| Remember, it's not just that. | ||
| In Washington, we've removed over 2,000 criminals. | ||
| And you know, if you look at the numbers, a very small percentage of your population, 2%, 3% of your population, causes 90% of the crime. | ||
| So when you move a small, it's amazing how that works. | ||
| But the criminals go over and over and over again. | ||
| So 2% to 3% of your population can cause over 90% of your crime. | ||
| So it's not that complex. | ||
| We moved 2,000 people out of Washington. | ||
| We brought them back to their countries where they came from. | ||
| They came through open borders by sleepy Joe Biden. | ||
| And I will tell you, Washington is safe. | ||
| If you look at New Orleans, as you know, we went there about four weeks ago. | ||
| I was with the mayor of New Orleans last night. | ||
| He was at the premiere. | ||
| And she was at the premiere. | ||
| She was great. | ||
| I believe she's a Democrat. | ||
| She came over. | ||
| She thanked me so much. | ||
| She said crime is down more than 50% in just a few weeks. | ||
| And you couldn't even walk down the street in New Orleans. | ||
| It's so bad. | ||
| And now they let us in there. | ||
| And she is thanking me so much, so profusely. | ||
| She was great last night. | ||
| I'd do that. | ||
| If I were a Democrat, I'd say call Trump in, let them do what they do. | ||
| But we remove people, criminals, from the cities, and they become safe cities. | ||
| If you look at Minnesota, Minneapolis, we have crime down there because we took out thousands of people, despite all the mess and everything else. | ||
| But do these people really want to have rapists? | ||
| Do they really want to have drug dealers and people from prisons and murderers? | ||
| Do they really want to have them in the community? | ||
| You know, it's really insurrectionists and agitators, and they're paid. | ||
| And you can tell a lot of reasons. | ||
| Number one, they're professionals, you know, with their mouth. | ||
| But they're also, you look at the signs, the signs are all professionally made. | ||
| They have signs that are gorgeous. | ||
| In fact, I want to get the sign because I'm a big, I need a lot of signs for different things, and I want to find out whoever does their signs. | ||
| They do a beautiful job. | ||
| You know, everybody has this beautiful sign with brand new wood. | ||
| It's like leather panels. | ||
| They have a leather handle on the bottom. | ||
| These are not people. | ||
| These are people that are handed signs. | ||
| And we know pretty much, we're getting very close to it, but we know pretty much who's funding this stuff. | ||
| These are paid insurrectionists, paid troublemakers. | ||
| But I was elected by a landslide. | ||
| I won every swing state. | ||
| I won the popular vote by a lot. | ||
| I won everything. | ||
| I won everything. | ||
| And I was elected by a landslide on law and order and on strong borders. | ||
| We had a border that was so bad, so open, where 25 million people came in over a period of four years and now nobody comes in. | ||
| Nobody even tries to come in. | ||
| And I can only say, I think, we'll say it very plainly, elections have consequences. | ||
| The people want law and order. | ||
| And we have a silent majority. | ||
| You know, we have a silent majority of people. | ||
| They don't go and riot and everything else, but they like what we're doing. | ||
| They like having a safe city. | ||
| I get calls every single day. | ||
| Every person I see working in the White House, people I don't know, many people work here, and they say, I'd like to thank you, sir, why you made Washington so great. | ||
| We walk to work. | ||
| They walk to work. | ||
| You people know it very well. | ||
| You walk to work now. | ||
| You used to take an Uber or a taxi or something, and you even felt like in danger there. | ||
| Every person in this building, I mean, virtually every time I see somebody, they thank me. | ||
| Because a year and a half ago, they lived in hell and now they can walk to work and they're totally safe. | ||
|
Bogus Attacks on Warsh
00:10:57
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| Nothing's going to happen. | ||
| And if anything did happen, the person that did it would be living in hell for a long period of time. | ||
| Thank you very much, Kevin. | ||
|
unidentified
|
Happy Friday, Senator Lawson. | |
| Thank you. | ||
| Thank you very much. | ||
|
unidentified
|
Thank you for having me. | |
| Thank you, Fred. | ||
| Thank you, Fred. | ||
|
unidentified
|
Thank you. | |
| Keep moving, guys. | ||
| Thank you. | ||
| Thank you, guys. | ||
| Thank you guys for moving. | ||
| Thanks. | ||
| Following President Trump's announcement that he was nominating Kevin Warsh to be the next Federal Reserve chair, Senator Elizabeth Warren, the top Democrat on the Senate Banking Committee, responded to the president's pick. | ||
| She talked to reporters about the central bank's future independence. | ||
| The problem we've got here is that Donald Trump is trying to execute takeover of the Fed. | ||
| And that's a real problem for American families. | ||
| Because if the President of the United States is in charge, that means monetary policy, the interest rates, will be set for political reasons rather than economic reasons. | ||
| And over time, that drives up costs for families and it puts unemployment, puts employment very much at risk for families. | ||
| So right now, Donald Trump has said that he's basically going to take control of the Fed. | ||
| He would not appoint anyone to be chairman of the Fed who did not pass his loyalty test. | ||
| Donald Trump has made clear he wants a sock puppet and Kevin Warsh evidently passed that test. | ||
| Today the president attacked Senator Tillis for his blockade. | ||
| He called him an obstructionist. | ||
| What do you think of Senator Jones' blockade of these homes? | ||
| Remember why it is that Senator Tillis has said it is inappropriate to consider any new nominees that Donald Trump puts forward for the Fed. | ||
| He has said that because Donald Trump has tried to fire the chairman of the Federal Reserve, or he threatened to. | ||
| Then he's launched a bogus criminal investigation on him. | ||
| He's trying to fire Lisa Cook on bogus charges because he's trying to exercise control over the Fed. | ||
| What Senator Tillis and I don't agree on a lot, but we do agree on Fed independence because we both understand that having a Fed that is making decisions based on economic information rather than on political pressure is ultimately best for everybody. | ||
| And that's true. | ||
| Whether you've got a Democrat in the White House, Republican in the White House, doesn't make any difference. | ||
| Senator, we're going to shut down talks. | ||
|
unidentified
|
I mean, how do you? | |
| Can we just do Fed first and then I'll come back and do a government shutdown? | ||
| Even with this, what do you want to see more happen? | ||
|
unidentified
|
I know that you're just talking about Trump and him attacking Tillis, but is there more that you want to see, especially? | |
| I want to see the Federal Reserve maintain its independence. | ||
| That means stop this bogus attack on the chairman of the Federal Reserve. | ||
| Stop this bogus attack of trying to fire one of the members of the Federal Reserve. | ||
| And let's have people who are picked for their economic expertise rather than their willingness to bend to whatever Donald Trump wants. | ||
| Remember something that we already know about Kevin Warsh, and that is he has a proven track record of being an inflation hawk. | ||
| He's already been on the Federal Reserve, and he was the guy who wanted to keep those interest rates high. | ||
| He wanted to keep them high even after the 2008 crash, when millions of people were thrown out of work, when the economy is in turmoil. | ||
| It was Warsh who would say, keep those interest rates up. | ||
| He's known as an inflation hawk. | ||
| Oh, until Donald Trump becomes president. | ||
| Donald Trump says he wants a Federal Reserve chair who will lower interest rates because that's Donald Trump's view of the world. | ||
| And suddenly, last fall, Kevin Warsh thinks that inflation should not be a problem, interest rates should be dropped. | ||
| And he also says prices are down, down, down. | ||
| I'm sorry. | ||
| He's reading the same economic data that anybody else can read publicly that shows that prices are up and shows that the president was lying when he said it, that prices are down, and Kevin Warsh is willing to just keep repeating the same lies. | ||
| That's not who we need for a Federal Reserve Chair. | ||
| And one last thing I'll add. | ||
| Chairman Scott just walked by. | ||
| Did you speak to him about this nomination at all? | ||
| And did you get any heads up from the White House? | ||
| Is that unusual? | ||
| Do you typically get an answer? Well, I'm... | ||
| Yes. | ||
| I think that is typically the case. | ||
| It's not for me personally, but it is typically the case that the president consults with both the chair and the ranking member. | ||
| Chair Powell should stay as a governor even past his term as chair? | ||
| I think that should be Chair Powell's decision. | ||
| Again, this goes to the independents. | ||
| Remember that, as you know, Fed chairs have very long tenures as governors. | ||
| They may not be there as Fed chair for more than five years unless they're reappointed and confirmed a second time, but they have long reigns as governors, as all of the governors do. | ||
| Whether he stays or not should be entirely up to Jerome Powell, not to influence from Donald Trump. | ||
|
unidentified
|
Is there anything Mr. Warsh could say during his confirmation hearing that would lead you to vote to confirm him? | |
| Yeah, I'd like to hear him say when he thinks President Trump is wrong. | ||
| You know, well, yes. | ||
| So, for example, Donald Trump keeps telling us that prices are down. | ||
| And so far, all of the Trump nominees come through and just repeat the same nonsense. | ||
| Anyone can look at the data and see what's not true. | ||
| Kevin Warsh has already stood up in public as part of his tryout for attracting Donald Trump's attention and just claimed that up is down, in is out, black is white, he doesn't care. | ||
| He wants to say whatever Donald Trump wants him to say. | ||
| He needs to show some independence. | ||
| So far, all he has done is shown that he would be an excellent sock puppet for Donald Trump. | ||
| You and the president opened a conversation and a dialogue about a number of things, lowering housing costs, credit card caps. | ||
|
unidentified
|
Have you been able to continue the conversation there? | |
| And talk to me a little bit about Senate Democrats in the White House being involved in these appropriations negotiations, but now we have, of course, Senator Graham standing in the way of that. | ||
| So let me say about right now the fact that we are not moving forward to keep government open. | ||
| The Democrats are ready to go, but the Republicans are just in complete chaos. | ||
| And Donald Trump seems not to be able to get them straightened out. | ||
| Overall, Donald Trump's got a real problem. | ||
| And that's the economy. | ||
| And he can claim that prices are down. | ||
| You know, he can say that until the world looks level. | ||
| But American families are living it every day. | ||
| And they remember that for an entire year while he ran for president, Donald Trump kept repeating the line. | ||
| On day one, he would lower prices for the American people. | ||
| On day one, we're now one year in. | ||
| Price of groceries is up, price of utilities is up, price of housing is up, price of health care is through the roof. | ||
| And all of that is because of policies that Donald Trump and the Republicans have put in place. | ||
| Their health care policies, their policies on utilities, the policies on tariffs, the chaos that Donald Trump is causing. | ||
| He's casting about, trying to find some way to at least persuade the American people that he has an economic problem. | ||
| And that's part of what this means right now with his new Fed chair nominee. | ||
| He's trying to say to the American people, I got this, I got this, this guy's going to do exactly what I want, and it's going to help the economy. | ||
| The truth is, he's got a real problem on the economy, and he can't solve it. | ||
| Do you think he backs up on the policies of the president? | ||
|
unidentified
|
Can you just share a little bit? | |
| I'm sorry. | ||
| Senator, have you always spoken to him? | ||
| I have a question. | ||
|
unidentified
|
Not so much. | |
| No, that's okay. | ||
| But Senator, have you recently spoken to Trump just? | ||
| Senator Warren, you and Senator Schumer all day, you've essentially been portraying Warsh as a puppet for Donald Trump. | ||
| You know, he has talked about quantitative easing. | ||
| He's talked about other issues. | ||
| Way ahead, six months ago on special reports talking about cutting interest rates. | ||
| So couldn't it just be the case that the president, his views align with Worshi and not the fact that he's installing him there? | ||
| I mean, would you expect him to pick somebody who doesn't agree with him? | ||
| So for years, for years, Kevin Worsh has made his name as an inflation law. | ||
| During the 2008 crisis, he was on the board of the Federal Reserve, and he was the guy who kept saying, even as millions of people were thrown out of court, he was the guy who kept saying, keep those interest rates high because he was worried about inflation. | ||
| Once Donald Trump is looking for a Federal Reserve chair, and Donald Trump says the test is going to be somebody who will lower interest rates, suddenly, butter won't melt in his mouth. | ||
| He says, absolutely, we should lower interest rates, and he repeats Trump's. | ||
| And he repeats Trump's lies about the economy itself. | ||
| Trump says prices are down. | ||
| Kevin Worsh repeats that. | ||
| Posts on Fox News says, yep, prices are down when they're not. | ||
| know how to interpret that. | ||
| He was saying it before he was a nominee. | ||
| Excuse me. | ||
| I don't know how to interpret that except to say that's exactly what a sock puppet does. | ||
| If Donald Trump says it, then Kevin Warsh echoes it, even though it contradicts everything he had done for years. | ||
|
unidentified
|
Last question. | |
| Last question. | ||
| Hey, buddy? | ||
| Senator Ryan. | ||
| How do we address this? | ||
| How do you see this shutdown deal moving forward? | ||
|
unidentified
|
Do you see something? | |
| Ask the Republicans. | ||
| Democrats have a deal. | ||
| We're ready to go. | ||
| And the Republicans are just in chaos. | ||
| They can't seem to figure out. | ||
| Do you have concerns that this is going to get through the House if anybody's getting added? | ||
| Republicans are in charge of the House and the Senate. | ||
| They're in charge of the amendment process. | ||
| This thing's in a mess because the Republicans can't seem to go. | ||
|
unidentified
|
We got to go. | |
| Sorry, just one. | ||
|
unidentified
|
Sorry, I got it. | |
|
Bridging Political Divides
00:04:37
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|
unidentified
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Today, on C-SPAN Ceasefire, at a time when finding common ground matters most in Washington, join host Dasha Burns for a bipartisan conversation with two U.S. mayors on the top issues facing American cities, including immigration enforcement and affordability. | |
| Bridging the divide in American politics. | ||
| Watch Ceasefire today at 7 p.m. and 10 p.m. Eastern and Pacific, only on C-SPAN. | ||
| C-SPAN's Washington Journal, our live forum inviting you to discuss the latest issues in government, politics, and public policy from Washington and across the country. | ||
| Coming up Saturday morning, Federal News Network's Jory Heckman discusses the impact of the partial government shutdown and guidance for federal workers from the Office of Personnel Management. | ||
| Then Eric Pratt of Gun Owners of America talks about the response by the Trump administration to the shooting of Alex Pretty in Minnesota and Second Amendment concerns. | ||
| And Omar Nureldin with the government watchdog group Common Cause on the administration's push to obtain private voter data. | ||
| C-SPAN's Washington Journal. | ||
| Join in the conversation live at 7 Eastern Saturday morning on C-SPAN. | ||
| C-SPAN Now, our free mobile video app, or online at c-span.org. | ||
| Travel through the history of America's space program on American History TV all day on C-SPAN 2, featuring classic NASA films and historical newsreels from past space missions. | ||
| Watch Saturday, starting at 8 a.m. Eastern, as American History TV sits down with Smithsonian National Air and Space Museum Apollo curator Tiesel Muir Harmony to explore Americans in space from the creation of NASA in 1958 through the early Gemini flights to Neil Armstrong's historic first steps on the moon in July 1969. | ||
| She also looks ahead to the upcoming Artemis missions with the goal of returning astronauts to the lunar surface. | ||
| Plus, relive the race to the moon, Skylab, and the Space Shuttle program. | ||
| And hear first-hand accounts from legendary NASA flight directors Gene Krantz and Gerald Griffin. | ||
| The crew of Apollo 8 has a message that we would like to send to you. | ||
|
unidentified
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Watch the history of the American Space Program all day Saturday, starting at 8 a.m. Eastern on American History TV on C-SPAN 2. | |
| Sunday, on C-SPAN's Q ⁇ A. In his book, Baldwin, a Love Story, Nicholas Boggs discusses the personal life and activism of American writer James Baldwin. | ||
| Mr. Boggs, who spent more than 20 years working on his book, also talks about Mr. Baldwin's many writings, his life outside the United States, and his involvement in the 1963 March on Washington. | ||
| And Baldwin had, in fact, written a speech to be read there, and he had written it in France. | ||
| He'd gone over to France for a march over there. | ||
| These were black Americans in France who were doing a march along the scent in support of the March on Washington. | ||
| And then Baldwin brought this speech with him. | ||
| And the exact reasons and specifics of how this happened, we don't know, but somehow or other, he didn't end up reading it. | ||
| But a very famous person, actor at the time, without saying that it was James Baldwin's words, read these words about black global liberation coming out of the mouth of, you guessed it or not, Burt Lancaster. | ||
|
unidentified
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Nicholas Boggs with his book, Baldwin, a Love Story, Sunday night at 8 p.m. Eastern on C-SPAN's Q ⁇ A. You can listen to Q ⁇ A and all of our podcasts on our free C-SPAN Now app or wherever you get your podcasts. | |
| House Minority Leader Hakeem Jeffries spoke to reporters ahead of a potential partial government shutdown. | ||
| He talks about the current funding package in the Senate, the arrest of former CNN anchor Don Lemon, and a GOP bill requiring voter IDs. | ||
| Morning, everyone. | ||