About this transcript: This is a full AI-generated transcript of Trumps Host State Dinner for British Royals: What You Need to Know – April 29, 2026, published April 29, 2026. The transcript contains 1,457 words with timestamps and was generated using Whisper AI.
"This is what you need to know now. Our nations are, in fact, instinctively like-minded. The Trumps host the Royals for a state dinner, highlighting the special relationship of the U.S. and the U.K., that bond strained by tension over the war in Iran. Well, they're back. Former FBI Director James..."
[0:05] This is what you need to know now.
[0:07] Our nations are, in fact, instinctively like-minded.
[0:11] The Trumps host the Royals for a state dinner,
[0:13] highlighting the special relationship of the U.S. and the U.K.,
[0:17] that bond strained by tension over the war in Iran.
[0:20] Well, they're back.
[0:21] Former FBI Director James Comey indicted again,
[0:25] accused of making a threat against the president via an Instagram post.
[0:29] Why Elon Musk is suing OpenAI,
[0:32] accusing CEO Sam Altman of putting profits over humanity.
[0:36] More madness, the NCAA's new move to expand its men's and women's basketball tournaments.
[0:43] We have much more What You Need to Know now.
[0:47] I'm Maggie Rulli from ABC News.
[0:49] It's Wednesday, April 29th.
[0:50] This is What You Need to Know.
[0:52] We'll show you the Army Special Ops soldier accused of using insider trading
[0:56] to win $400,000 in bets on the U.S. operation that captured Venezuela's president.
[1:01] And why President Trump's face may be appearing on new U.S. passports.
[1:06] But first, the big story.
[1:09] President Trump and the First Lady hosting King Charles and Queen Camilla
[1:12] for a state dinner at the White House,
[1:14] highlighting the special ties between the U.S. and the U.K.
[1:18] Charles calling it an unbreakable bond of history and heritage
[1:22] as he spoke to the exclusive guests,
[1:24] including tech leaders, lawmakers, and Supreme Court justices.
[1:28] President Trump posting this photo of himself and Charles
[1:30] with the words, two kings and a crown emoji.
[1:34] The king joking about Trump's ballroom project,
[1:37] comparing the destruction of the East Wing
[1:39] to the burning of the White House by the British in the War of 1812.
[1:43] I cannot help noticing the readjustments to the East Wing, Mr. President.
[1:49] Following your visit to Windsor Castle last year.
[1:55] And I'm sorry to say that we British, of course,
[1:58] made our own small attempt at real estate redevelopment of the White House in 1814.
[2:05] Earlier in the day, the king addressing Congress,
[2:10] expressing solidarity between the two countries.
[2:13] Our common ideals were not only crucial for liberty and equality,
[2:17] they are also the foundation of our shared prosperity.
[2:22] America's words carry weight and meaning,
[2:26] as they have since independence.
[2:29] The actions of this great nation matter even more.
[2:33] James has more from Washington.
[2:36] Hi, Maggie.
[2:37] Interesting and much more pointed remarks from the king
[2:39] than I think many people expected.
[2:41] Yes, there was levity, there were jokes,
[2:43] and yes, a celebration of 250 years of American independence.
[2:46] But he mentioned Ukraine, a divisive issue.
[2:50] He said the United States should be supporting Ukraine.
[2:52] We know lawmakers aren't all on the same page about that.
[2:55] He spoke about NATO.
[2:56] Donald Trump has criticized NATO repeatedly.
[2:58] He echoed the words of Keir Starmer, the British prime minister,
[3:01] when he said that the U.K.-U.S. relationship was indispensable.
[3:05] This is a man that Donald Trump has denigrated repeatedly.
[3:08] So, in his own understated British way,
[3:11] King Charles came here to make a point.
[3:13] Former FBI director James Comey is declaring his innocence
[3:17] after a new indictment against him,
[3:19] his second indictment in seven months.
[3:21] The charges stem from a post he shared on Instagram last year,
[3:25] showing the numbers 86-47 written in seashells.
[3:29] The Justice Department claims it amounts to a threat.
[3:32] 86 is a slang term meaning to get rid of,
[3:35] and the DOJ says 47 refers to Trump, the 47th president.
[3:39] Comey deleted the post, saying he didn't know
[3:41] that some people associated the term 86 with violence.
[3:45] He says he'll fight the new charges.
[3:46] Well, they're back, this time about a picture of seashells
[3:52] on a North Carolina beach a year ago.
[3:55] And this won't be the end of it.
[3:58] But nothing has changed with me.
[3:59] I'm still innocent.
[4:01] I'm still not afraid.
[4:03] And I still believe in the independent federal judiciary.
[4:06] So, let's go.
[4:07] Pierre Thomas has more.
[4:09] A federal grand jury in North Carolina now charging Comey
[4:11] with two counts alleging that Comey did knowingly
[4:14] and willingly make a threat to take the life of
[4:17] and to inflict bodily harm on the president of the United States.
[4:21] Trump and Comey have been political adversaries for years.
[4:24] Just last fall, the president demanding DOJ take action
[4:27] against some of his political enemies,
[4:29] New York Attorney General Letitia James and Comey among them.
[4:33] Comey and James were indicted in last September,
[4:35] but those cases were thrown out on a technicology.
[4:38] There's widening economic impact from the war in Iran.
[4:41] With the Strait of Hormuz still closed,
[4:44] the Trump administration unleashed another wave of sanctions
[4:46] against Iranian oil exports.
[4:48] It says it's targeting the shadow banking network
[4:51] that they say is allowing Iran to evade sanctions
[4:54] and pocket tens of billions of dollars.
[4:56] Across the U.S., gas prices are now hitting
[4:59] their highest level in four years.
[5:01] The average price of a gallon of gas is now $4.20,
[5:04] up $1.26 since the start of the war.
[5:08] Severe and violent storms rolled through Texas.
[5:11] An overnight curfew is in place in Mineral Wells,
[5:14] west of Dallas, after a possible tornado ripped off roofs,
[5:18] reducing warehouses to rubble.
[5:20] Several injuries were reported.
[5:22] And in Missouri, baseball-sized hail cracking a windshield
[5:25] with a driver inside.
[5:27] He was not hurt.
[5:28] Several other drivers reported damaged cars as well.
[5:31] A U.S. special operations soldier is facing insider trading charges
[5:35] stemming from bets he placed on a prediction market.
[5:38] He's now pleaded not guilty.
[5:40] Prosecutors say Master Sergeant Gannon Ken Van Dyke won big
[5:44] because he had insider information on the raid against
[5:47] former Venezuelan leader Nicolas Maduro.
[5:49] His specific role in the daring mission is unknown.
[5:52] But beginning December 26, the indictment says Van Dyke
[5:56] opened his Polymarket account,
[5:58] traded more than $33,000 on Maduro and Venezuelan-related bets
[6:02] on 13 different occasions, pocketing more than $400,000.
[6:07] Now, this is the first case of insider trading on prediction markets
[6:11] that allow users to wager on almost anything,
[6:14] from the war in Iran to the FIFA World Cup.
[6:16] Van Dyke is currently on leave from the Army.
[6:18] His lawyer says he'll fight the charges.
[6:21] Mr. Van Dyke is an American hero,
[6:24] is somebody who is charged, unfortunately,
[6:29] with something that is not a crime.
[6:33] We have much more what you need to know.
[6:35] Now to take three, the stories you'll be talking about today.
[6:49] Number three, March Madness may be expanding.
[6:52] Sources tell ESPN the NCAA is moving toward upping
[6:55] both the men's and women's basketball tournaments,
[6:58] from 68 teams to 76.
[7:01] They say the goal is expanding access to more schools and fans,
[7:05] not to increase revenues.
[7:07] Finance website Investopedia says the NCAA earned more than $1.3 billion in 2024,
[7:13] with the men's tournament bringing in more than $900 million.
[7:17] Number two, America runs on this friendship.
[7:21] Actors and longtime best buds Matt Damon and Ben Affleck
[7:24] are calling for change to end the stigma around mental health.
[7:27] The pair was honored with the Robin Williams Legacy of Laughter Award
[7:31] from Glenn Close's non-profit Bring Change to Mind,
[7:34] recognizing their commitment to youth empowerment and mental health awareness.
[7:38] They paid tribute to their Goodwill Hunting star Robin Williams,
[7:41] saying he helped so many of the dreams they had come true.
[7:45] And number one, President Trump's image and gold signature
[7:48] will now be on a limited edition U.S. passport.
[7:51] State Department announcing this to mark the nation's 250th anniversary.
[7:55] Trump will become the first living president to be featured in the travel document.
[7:59] This comes as the president's signature is set to appear on all future paper currency,
[8:04] along with commemorative coins featuring his likeness.
[8:07] Usually, the U.S. treasurer's name appears on dollar bills.
[8:11] New today, Elon Musk is back on the witness stand in his lawsuit against OpenAI and its CEO,
[8:17] Sam Altman.
[8:18] Musk, a co-founder of the company that launched ChatGTP,
[8:21] accused Altman of breaking a promise by shifting OpenAI from a non-profit business.
[8:27] It's now valued at $852 billion.
[8:30] Altman and company executives say the change was needed to fund the enormous cost of AI development.
[8:36] They claim Musk wants to undercut OpenAI to boost his own AI company, which he launched in 2023.
[8:43] Musk also testified he believes AI could become smarter than humans by next year.
[8:48] And one more thing before you go, a pilot in South Georgia was caught on camera playing tic-tac-toe in the sky.
[8:55] And the video shows the plane creating a four-line grid along with X's and O's,
[8:59] with the controls evaporating quickly, so it is hard to tell who won.
[9:04] For the final touch, the pilot also shaped a smiley face and a heart in the clouds.
[9:10] And that's what you need to know for breaking news and live updates throughout the day.
[9:13] Check out ABC News streaming on Disney+.
[9:16] New episodes streaming every day only on Disney+.
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