President Trump Gaggles with Press Upon Departure from Palm Beach, FL, Apr. 25, 2026

[0:00] you probably heard that we canceled the trip. [0:04] We have all the cards. [0:05] We're not going to spend 15 hours in airplanes [0:08] all the time going back and forth [0:11] to be giving a document that was not good enough. [0:13] And so we'll deal by telephone, [0:17] and they can call us anytime they want. [0:20] Again, we have all the cards. [0:21] They have no military left, practically. [0:23] They have no leaders left. [0:24] We don't know who the leaders are. [0:26] Nobody knows who the leaders are. [0:28] I don't think they know who the leaders are, [0:29] very importantly. [0:30] So you saw that, and any other questions? [0:34] Yes, sir. [0:35] What have you heard from Pakistan? [0:36] The Iran's foreign minister was in Pakistan yesterday night. [0:40] The President is terrific. [0:42] I think the field marshal is fantastic. [0:44] I think the prime minister of Pakistan is great. [0:47] And, you know, they'd like to see something happen. [0:50] But we're not going to be traveling 15, 16 hours [0:53] to have a meeting with people that nobody ever heard of. [0:56] The Pressure What changed to make you make that decision? [0:59] Too much travel. [1:01] When they say, the meeting's scheduled for Tuesday. [1:03] I said, Tuesday? [1:04] That's a long time from now. [1:05] But when you get right down to it, it's a lot of traveling. [1:08] No, we don't want to do that. [1:09] The Pressure At what point do you send [1:10] Wyckoff and Kushner and send Vice President Vance in? [1:12] What point are you going to be ready? [1:14] The President They're all very competent, all three. [1:15] Those are three good. [1:17] But they weren't meeting with the leader of the country. [1:21] They were meeting with other people. [1:23] And I said, we're just not going to do it. [1:25] Too much traveling takes too long. [1:27] Too expensive, I'm a very cost-conscious person. [1:29] The Pressure At what point do you think? [1:30] Mr. President, you said this week that you're not a [1:33] fan of prediction markets and that they're turning [1:34] the country into a casino. [1:36] But at the same time, you're not a fan of prediction markets. [1:39] The President I know some people that are very smart. [1:42] They like it. [1:42] They disagree, but they like it. [1:44] But what would you like to know? [1:45] Who are you with? [1:47] The President I'm with DeCrypt, a crypto-focused publication. [1:50] And we also have a prediction market. [1:51] And your administration is aggressively pushing to [1:55] legalize these markets. [1:56] And I was wondering if you potentially wanted to [1:58] reconsider that policy. [2:00] The President A lot of other countries are doing it. [2:01] And when the other countries do it, we get left out of the [2:04] cold if we don't do it. [2:06] So, but I know people that are in the prediction market [2:08] business, and they're pretty- [2:10] The President also, on the subject of crypto, [2:11] what made you decide to go and attend this [2:14] MeetPoint conference today? [2:15] The President It's a big industry, [2:17] and we want to beat China at the industry. [2:19] We're leading with crypto. [2:20] We're leading with AI. [2:22] And I really feel I have an obligation from the Senate. [2:25] As a president, I have to be able to make sure [2:28] that all of our industries do well. [2:30] Crypto is a big industry. [2:31] It's become- actually become somewhat mainstream. [2:34] The banks have it. [2:36] People have it. [2:36] And I think as the leader of the country, [2:39] we want to lead in AI. [2:41] We want- and we're leading China by a lot in AI. [2:44] And we're also leading in crypto. [2:46] The President Do you agree with the- [2:47] The President Do you agree with the decision by [2:48] Janine Thierow to drop the investigation into Jerome Powell? [2:51] The President Well, I want to find out- [2:53] You know, it's not drop. [2:54] They're looking into the whole thing about- [2:55] The President Refer to the IG. [2:56] The President What I want to look- what I want to [2:58] look at- yeah, with the IG. [2:59] What I want to look at is, how can a building that I [3:02] could have done for $25 million cost $4 billion? [3:06] That's a big thing, and he was in charge. [3:09] So we'll get to the bottom of it. [3:10] Yeah, I think Janine is fantastic. [3:12] And she worked with other people on that. [3:15] I tell you, I want to find out- I have an obligation to find out. [3:19] This was done during Biden, but I have an obligation to find out. [3:23] How does- I would have done that building for $25 million, [3:26] had money left over, and it would have been open a long time ago. [3:30] The President If you or her people- [3:31] The President Do your people ask her to drop it? [3:32] Because, for the country- look, we have a railroad under construction in California. [3:39] That's the worst thing I've ever seen under Gavin Newsom. [3:43] And I want to find out why that one is costing 20 times what it was projected to cost. [3:48] Likewise, the Fed building is a small- I built a hotel in Washington. [3:53] It's a Waldorf Astoria. [3:55] I built it for $201 million, and I believe it's bigger than- than the Fed building. [4:02] Add your bathrooms, you have a lot of- you know, it's much tougher, [4:05] much more expensive to build a hotel than an office. [4:09] I want to find out, how can a building of that size cost four- whatever it's going to be? [4:15] Nobody knows, by the way, what it's going to be. [4:17] Kevin is going to be fantastic, Kevin Walsh. [4:20] He may never get to be in that building. [4:23] Is it smooth sailing for him now? [4:24] Will Tillis drop his walk? [4:26] I would imagine it's smooth, but whether it is or not, [4:29] somebody has to find out why that building, that should have cost $25 million, [4:34] is costing billions of dollars. [4:37] Sure, what else- [4:38] And you know why they have to find it out? [4:39] For other buildings, because that's not the only one. [4:42] I think that's the most egregious example. [4:44] What else cost you- [4:54] I'll deal with whoever's running the show. [4:58] I'll deal with whoever runs the show. [5:00] They don't know. [5:00] They're- they are fighting with each other. [5:03] It is tremendous infighting. [5:05] They're probably fighting for leadership. [5:07] In many cases, I think they're fighting not to be the leader, [5:11] because we knocked out two levels of leaders. [5:13] But I'll deal with whoever we have to. [5:16] But there's no reason to wait two days, [5:19] have people traveling for 16, 17 hours. [5:22] We're not doing it that way. [5:24] We'll do it- when they want, they can call me. [5:27] We have all the cards. [5:28] We've won everything. [5:29] We have all the cards. [5:30] Yesterday, you said to Reuters that we're dealing with [5:32] who is in charge now. [5:33] What changed from yesterday to today? [5:35] Nothing. [5:36] It's just that they gave us a paper [5:39] that should have been better. [5:41] And interestingly, immediately when I canceled it, [5:45] within 10 minutes, we got a new paper [5:47] that was much better. [5:48] What was on that paper, sir? [5:49] What was- can you explain? [5:51] We talked about they will not have a nuclear weapon. [5:54] It's very simple. [5:55] Look, that whole deal is not complicated. [5:58] Iran cannot have a nuclear weapon. [6:00] It's very simple. [6:01] The Pressure Do they offer, like, 20 years on- [6:03] The Pressure Do you continue the ceasefire? [6:04] I haven't even thought about it. [6:06] The Pressure Do they offer anything in return to 20 years [6:09] of suspending enriched uranium? [6:10] They offered a lot. [6:11] The Pressure Do they offer? [6:12] They offered a lot, but not enough. [6:13] Thank you. [6:13] The Pressure Will Kevin Warren be Fed Chair in May, do you think? [6:16] Thank you, Mr. President. [6:18] Thank you, Mr. President.