➡ The President discussed various topics including plans to improve military courses, the return of O’Reo Garcia, potential cancellation of Musk’s contracts, and ongoing investigations into Musk’s companies. He also mentioned his focus on international relations with China, Russia, and Iran, and expressed optimism about the U.S. economy. He addressed the possibility of a nuclear breakout between Russia and Ukraine, and talked about potential cuts to Medicaid.
➡ The speaker discusses various topics, including a symbolic key given to Elon Musk, the future of Tesla, and his lack of plans to reconnect with Musk. He also mentions his focus on solving national and international issues, his views on inflation and interest rates, and his stance on Iran’s enrichment. Lastly, he talks about a decision by the Department of Justice to bring back a person with a ‘horrible past’ to highlight the severity of his actions, and confirms the restart of the flow of rare minerals and magnets from China.

So we visited the military course just to see if we could fix it up and make it nice. The budgetary situation takes some years to get something approved, so we’re going to take a look at that. It’s two courses, very nice, but they need a lot of work. A lot of work. And we can fix them up. The military, therefore the military, we can fix them up. We’re going to do that. Mr. President, did you speak with New Kelly directly to facilitate the return of O’Reo Garcia? I don’t want to say that, but he’s returned.

Did you have any conversations with him? He should have never had to be returned. I mean, you take a look at what’s happened with him. You take a look at what they found in the grand jury and everywhere else. I thought Pam Bondi did a great job today. Was this your call to bring him back to the United States? I don’t want to say that. Mr. President, you posted yesterday. By the way, either way, to disaster. He’s a whole disaster. Look at him with his antics. Not good. And for the Democrats who have backed him, this was not the man from Maryland, this wonderful father from Maryland.

This is a pretty bad guy. Mr. President, you posted yesterday that a good way to save money would be to cancel some of Musk’s contracts. How seriously are you considering that? We’ll take a look at everything. I’ll look at everything. He’s got a lot of money. He gets a lot of subsidy, so we’ll take a look at that. Only if it’s fair for him and for the country, I would certainly think about it, but it has to be fair. Mr. President, did you consider reopening investigations into his companies? There are a bunch of investigations.

I didn’t know that they had any, but I would just let them speak for themselves. I had no idea. Excuse me. I have no idea whether or not they had investigations. And what’s your view on Elon Musk as of today? I mean, have you heard from him at all? Honestly, I’ve been so busy working on China, working on Russia, working on Iran, working on so many things. I’m not thinking about Elon. You know, I just wish him well. On the China talk, sir, you had a meeting coming up with Secretary Bess and Secretary London.

What do you hope to see from those talks in London, sir? We’re very far advanced on the China deal. We wanted clarification. We had to have clarification. A little bumpy up here. We had to have clarification. And that’s what we’re really having the meeting about. We had a very good talk. I talked to President Xi for, I guess, more than two hours. We had a very good talk. It’s a complicated deal. But it’s a deal that’s, you know, going to bring us a lot of money and a lot of everything else. And we get along very well with President Xi and with China.

On these US contracts, do you feel like the US can survive without them? Obviously, you can trip too long when it comes to the feds and space. And that relationship has been important for quite some time. The US can survive without almost anybody. And do you accept me? Did you have any concerns about his drug use when he was working for you? I don’t want to comment on his drug use. I don’t know what his status is. I read an article in the New York Times. I thought it was, frankly, it sounded very unfair to me.

You said earlier today that Mr. Musk had a problem. What did you mean by that? And did you misjudge him? I don’t want to talk about problems. I think that the United States had problems. And if you look at the numbers today, the numbers were unbelievable. The numbers were incredible. The numbers that came up today. The stock market went way up. The country’s doing really well. Almost, I think, in a very short period of time, you’re going to be saying, doing better than it’s ever done before. We have hundreds of plants coming in, plants.

A lot of jobs are being created. That’s what happened this morning. You saw the jobs. And the nice part, they’re not government jobs. They’re jobs of people coming in and doing other things, including the leisure, hotel and leisure. Good stuff. A lot of good things are happening with our country. We’re taking in billions of dollars of tariff money. The money is pouring in. And it hasn’t even started yet, really, relatively. We’re going to have a very successful country very soon, and the stock market is seeing that. We have, and I’ve been saying it, we have the hottest country anywhere in the world.

The hottest country. And if you think about it, six months ago, we had the coldest country. We had a country that was a disaster, and we’ve done it very quickly. Okay, go ahead. Mr. President, on the one big, beautiful bill, so your critics, often your critics. All right, too many critics. You know, honestly, I don’t know of anybody that’s going to vote against it. Maybe Rand Paul or somebody, but, you know, they always vote against it. But I actually think that over the last 24 hours, it’s even so liquefied. We have tremendous support. So just to critics that want to talk about the bill, they often fail to mention that your tariffs are actually offsetting a lot, you know, the debt.

I believe the CBO said $2.8 trillion over the next 10 years. So what would you have to say to them? Tremendous reviews and CBO, who never gives good a basically it’s a Democrat group. And we’re getting tremendous reviews on the bill. We cut one point six trillion, trillion, not billion, trillion out of the budget. And yet we haven’t affected anybody. We’re going to save and totally cherish Social Security, Medicare, Medicaid. The Democrats are going to destroy it. They’ll destroy it. We’re going to save it and make it stronger than ever before. So Medicare, Medicaid, they just make statements.

Oh, he’s going to talk. We’re not we’re not touching it other than waste fraud and abuse. On Russia, Ukraine, did the Ukraine drone strikes against the bombers inside Russia, the airfields? Did that change your view at all of what the cards he has? Well, they gave Putin a reason to go in and bomb the hell out of him last night. That’s something I didn’t like about it. When I saw it, I said, here we go. Now it’s going to be a strike. You know, I did something that people don’t talk about and I don’t talk about very much, but we solved a big problem, a nuclear problem, potentially with India and with Pakistan.

And I spoke to Pakistan. I spoke to India. They have really great leaders. And but they were going at it and they could have gone out at nuclear, both nuclear countries, strong nuclear countries. And I talked about trade and I said, we’re not doing trade if you guys are going to be throwing bombs at each other. And they both stopped. And I stopped that war immediately. That was going, as you know, that was going much further. And hopefully not to nuclear, but it might have gone to nuclear. In fact, it might have gone to nuclear in the next round, but we stopped it.

And I’d like to comment. The leaders have both gone to Pakistan and India. Are you worried that there might be a nuclear breakout with Russia, Ukraine? Are you worried that that could… I don’t, I don’t, I don’t. I think it’s a war that would have never happened by our president. And that wouldn’t have happened. I certainly hope not. Senator Hawley said he had spoken with you about potentially removing cuts that were in the House pass bill to Medicaid that would hurt Trump voters in rural areas. What are your thoughts about that? We did speak about that.

We’re really talking about waste fraud and abuse. And Senator Hawley is a great senator. He’s a good guy. And I did speak to him and we want to make sure that doesn’t hurt anybody, you know, because it is, it is about waste fraud and abuse. That’s the only thing. And everybody wants to… On Russia, Ukraine, where are you at today with the Senate’s sanctions bill? There’s been some reporting in the White House’s, you know, and some drinking the water down. Well, I know the bill. I see. I mean, if we’re, if I think there’s, if I think Russia will not be making a deal or stopping the bloodshed, five and six, even, I’ve been saying five and six, and now it’s more, a thousand a week soldiers being killed, and people being killed, not just soldiers, people being killed, but largely soldiers being killed.

Yeah, use it if it’s necessary. And they really give me that option. Are you trying to get the Senate to water it down, though, from its current version? No, I haven’t spoken about it. They have a bill that’s going to be up to me. It’s my option. They’ve made it that way. And it would save a lot of time if that happened. So I’m okay with it. I haven’t decided to use it. It’s a very, it’s a very strong bill. Mr. President, you gave Elon Musk, when he left the White House, a key, symbolically, to sue the White House, to the administration at large.

I think that’s what, would you like him to give that back? No, I don’t take things back. What about the Tesla? I gave him a key. He tried very hard. The Tesla, I haven’t thought about it. What’s your work then, as of this point, for the administration? How do you think his doge did at the end of the day with the same ink set? Oh, I think it helped us a lot. I think it helped, I think, and it’s not finished at all. We, we are taking, we’ve basically taken it over. We’re doing a job.

Many of those people remain with us, and they’re going to remain with us. They’re very good. It’s, it’s terrific. We saved, you know, hundreds of billions of dollars. It’s terrific. And it’s going further. I mean, I’d give you the answer, actually, at the end of two years, because a lot of it is out into the future. But it was a big saving and a good mindset. What are you going to do about the Tesla? Are you going to keep it, or are you going to? I haven’t thought about it. Do you have any plans to contact? I mean, I hope he does well with Tesla.

Do you have any plans to speak with Mr. Musk? This was one of your closest advisors for Musk. No, I don’t have any plans. Somebody made a mistake. A lot of reporters have been calling me. I didn’t call any reporter. A lot of reporters, they asked me the same question. No, I don’t. I’m not even thinking about that. There apparently were these efforts. This is what I read to bring you guys, you and Elon, back together. So those, those efforts are, where are they? No, no, there are efforts. I mean, I’ve been asked about it, but I’m not really interested in that.

I’m really interested in the country and solving problems, including war problems in very faraway lands. A lot of people being killed. You know, when I left, we had no problem. We didn’t have wars. We defeated ISIS 100 percent. Iran was broke. There was no Hamas problem. There was no Hezbollah problem. Israel wouldn’t have happened, in other words. Russia, Ukraine wouldn’t have happened. We had no inflation. And by the way, we have no inflation now. And if we had a good Fed chairman, you would lower rates. And you know what? If inflation happened in a year from now or two years, let them raise rates.

But we’re going out for long-term debt or short-term debt. We have a lot of debt coming due because Biden had all short-term debt, mostly. And we would get a lower rate, a lower interest rate, if this guy would lower rates. We get a lower interest rate. It’s unbelievable. And he’s worried about inflation. If he worries about inflation any longer, all he has to do is get the lower rate, let us go out, borrow at a much lower rate. Much lower. You can go down a point or two. We’ll go out, borrow at a minute.

And if in two years inflation comes back, he raises rates. But he keeps them the same. It’s just, it’s insane. What do you think about your next Fed share at this point? Are you already thinking about who your next Fed share would be? I know it’s 2026 when his term expires. So you’re already thinking about it. It’s coming out very soon. What were you thinking about that? I could tell you, but I don’t think about that. I have a pretty good idea. What do you make of the Ayatollah saying that they have to enrich? They have to be able to enrich.

They won’t be enriching. If they enrich, then we’re going to have to do it the other way. And I don’t really want to do it the other way, but we’re going to have no choice. What’s the latest? It’s not going to be enriched. Just one more on Obrego Garcia, sir, because this is a big news for today. Just months ago, it seemed like from El Salvador to even your administration that there was no chances that he would be returned. So can you just explain to the American people what sort of happened to facilitate his return in Alaska? Well, DOJ made a decision.

I think their decisions have been very, very good. And maybe they just said, look, all of these people, these judges, they want to try and run the country. The judges are trying to, a local judge, trying to run the country. The man has a horrible past, and I could see a decision being made. Bring him back. Show everybody how horrible this guy is. And frankly, we have to do something, because the judges are trying to take the place of a president at one in a landslide, and that’s not supposed to be the way it is.

And so I could see bringing him back. I could see it either way. Bringing him back or not bringing him back. But by bringing him back, you show how bad he is. He’s a bad guy. Mr. President, did President Xi agree to restart the flow of rare minerals and magnets? Say it once. Did President Xi agree to restart the flow of rare minerals and magnets? Yes. Thank you very much, everybody. Thank you for coming back. [tr:trw].

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