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TRANSCRIPT: President Trump Holds a Bilateral Meeting With Viktor Orbán of Hungary, 11.7.25

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President Donald Trump: Thank you very much. It's an honor to have a friend of mine here, Viktor Orban, the prime minister of Hungary, and he's done a fantastic job. He's a very powerful man within his country, but he's also beloved. They love Viktor and people that know him do. He's run a really great country and he's got no crime. He's got no problems like some countries do, but probably has a couple of things that I don't know about maybe that I don't want to know about, but he's a very special person. I've known him for a long time. We're going to be talking trade. We're going to be talking a little bit of Russia-Ukraine, we'll be talking about energy and energy prices.

We have energy down to a pretty low point right now in the United States. We're drilling. Drill, baby, drill, we call it. But energy costs are very low. Our general costs are very low and I just saw that Walmart came out with a statement last night. They've done it for many years that Thanksgiving this year will cost 25 percent less than Thanksgiving last year under Sleepy Joe Biden. So that's a big difference. That's a big difference, 25 percent less Thanksgiving. And I think that's a very good chart. They include everything, everything that you need for Thanksgiving. So it's 25 percent less this year than it was last year. And that's true, that's emblematic of, uh, of the rest of prices.

Energy prices are way down from what they were last year. Inflation is almost nonexistent. We have inflation down to a very low number, whereas, uh, Biden, as you know, is the worst inflation in the history of our country. So we're doing very well. We have a shutdown, as you probably know, because the Democrats have gone -- they're crazy. They're crazy, but they don't care if they hurt the country. But we've approved it 14 times, we've approved a opening up 14 times and they keep rejecting it. And I guess maybe they will again. Let's see what happens. Uh, they want to have a lot of bad things happen, bad things for our country. We're not going to give $1.5 trillion to people that came into our country illegally.

We're not going to do it to. People that came from prisons. They came from mental institutions and drug dealers. They want to give them medical care $1.5 trillion, uh, and we're not going to do other things that they're requesting also. So, uh, I just want to welcome this uh really good person. I know him very well. He's a good person and he's a great leader and he's loved in his country. And Viktor, would you like to say a few words?

Prime Minister Viktor Orbán: Thank you very much.

Trump: Thank you.

Orbán: First of all, may I say that, uh, thank you very much for the invitation. Uh, it's good to see you, President, back to the White House, uh, and good to be back after six years away again to see you here.

Trump: Yeah.

Orbán: As we have, uh, met last time. Im, the reason why we are here to open a new chapter between the bilateral relations of United States and Hungary, basically because during the Democrat administration everything was ruined. So after your leaving president, everything was basically broke, ruined, canceled, a lot of harm done by the previous administration. Uh, in the last ten months, President, what you have done, we are very much grateful for that. You restored, uh, the old level of the relationship. You improved, uh, the bilateral relation, uh, you repair what was done badly by the previous administration. So now we are in quite a good position to open up a new chapter, let's say a golden age between United States and Hungary. And we have plenty of suggestions for today, economic cooperation, military cooperation and political cooperation. And the main issue, probably, President, you know, we are neighboring uh, Ukraine, which is in war.

Trump: Sure.

Orbán: Uh, it's most important issue for us. And we would like to discuss with you how we can contribute to help you in your peace efforts.

Trump: Uh, and you've taken a lot of Ukrainians that -- that needed your help and you've taken a lot of them in your country and everybody appreciates that.

Orbán: Thank you very much. We do our best.

Trump: Thank you very much. Any questions please? Go ahead.

Question: Mr. President, uh, Hungary [Inaudible] on Russian oil, sir? Thank you, Mr. President. Mr. Orban has requested an exemption as it relates to oil that is coming from Russia. Is that something that you are prepared to do? And may I ask Mr. Orban a question in regards to that very issue?

Trump: Sure. Uh, we're looking at it because it's very difficult for him to get the oil and gas from other areas. As you know, they don't have -- they don't have the advantage of having sea. It's a great country. It's a big country, but they don't have sea. They don't have the ports and so they have a difficult problem. There's another country that has that same problem, by the way. But when you look at what's happened with Europe, many of those countries, they don't have those problems and they buy a lot of oil and gas from Russia. And as they know, I'm very disturbed by that because we're helping them and they're going and buying oil and gas from Russia.

So that question could be really asked maybe more accurately. If you talked about many European countries, not hungry necessarily because Hungary is -- is in a different position. But many European countries are buying oil and gas from Russia and they have been for years and they say what's that all about, right? Thank you. Yeah.

Orbán: Thank you. So that will be one of the issues for today to explain clearly what would be the consequences for the Hungarian people and for the Hungarian economy, not to get oil and gas from Russia because we are supplied by pipelines. Pipeline is not an ideological political issue. It's a physical reality because we don't have port exactly as the president explained to you. So we will negotiate on that point. It's vital for us anyway.

Question: Mr. Orban, there are two pipelines, as I understand. There's a pipeline from Ukraine and there's a pipeline from Croatia. My understanding is that the pipeline from Croatia can provide all of Hungary's energy needs. As a result, why wouldn't you need an exemption if that's the case?

Orbán: So when we discuss that issue, you should separate the gas and the oil. On the gas issue, which is very important for us, 90 percent of the Hungarian households based on heating system based on gas uh. So, so we have only one pipeline delivering gas to Hungary, which is the main pipeline, the Turkish one. Uh, what we got from Croatia is a very small volume supplementary gas pipeline. OK, that's -- gas. Oil is another issue. So oil is coming from the Druzhba pipeline, which is the main supply and that is a Croatian one, which is the, uh, the secondary and supplementary pipeline. We would like to convince the Croatian government to enlarge it and make it possible to deliver more. Under the circumstances, it cannot be the main pipeline. It's just supplementary, but later on with some big investments it could serve better the interest of Hungary.

Question: Thank you.

Trump: Yes. Please go ahead.

Question: Thank you. Many -- many people see this nation not just as an encounter between two countries, but as the symbol of this transformation of the new conservative alliance into a very different interpretation. And how do you see the future of Europe in the light of leaders like Viktor Orban stand up to Brussels bureaucracy and the globalist agenda?

Trump: Are you from Hungary?

Question: Yes I am.

Trump: I figured. [Laughter] Uh, the fact is that he's a great leader and he's respected all over, not necessarily liked by some of the leaders. But, you know, those leaders have proven to be wrong. If you look at his stance on immigration and other things, you know, if you look at Europe, they made tremendous mistakes on immigration. It's really hurting them very badly. He has not made a mistake on immigration. So he's respected by everybody. He's liked by some. And I can tell you, I like and respect -- I'm a double. I like and respect him and that's the way Hungary is being led. They're being led properly and that's why he's going to be very successful in his upcoming election.

Orbán: Mr. President, may I -- may I have a comment please? Your language is important because the Anglo-Saxon terminology is different from the European one, so to use categories can create some misunderstanding. So I would like to be clear as much as we can. We are the only only government in Europe which considers itself as a modern Christian government. All the other governments in Europe are basically liberal leftist government. So we try to do something from 2010, which is different from what the others are doing even at the philosophical level and the level of practice as well as just the president described it like migration. So we are kind of a special island of difference in a liberal ocean in Europe. And we considered ourselves as a modern Christian government that's -- that's the proper category to describe what we are doing.

Question: To both of you -- to both of you -- to you -- to both of you. [Inaudible] In English.

Trump: We're talking, but, uh, we'll report on that later. Uh, meetings with Putin. Uh, we were talking about that with Viktor. He understands Putin and knows him very well. And uh, I feel that -- I mean, I'm going to let you say what you think. But I think that Viktor feels we're going to get that war ended in the not too distant future. Viktor, do you want to talk about that?

Orbán: Well, I'm strongly convinced. So the question is whether we Westerners are unified or not? The problem is that the president has huge efforts which are just splendid and -- and very positive for the European continent and all the peoples of the -- of -- of Europe. But at the same time, we are not unified because Brussels and the Europeans have a different approach to the war. So the only pro-peace government is the United States government and the small Hungary in Europe anyway. All the other governments prefer to continue to war because many of them think that Ukraine can win on -- on the -- on the front line, which is a misunderstanding of the situation. So -- so it's a complicated issue. We will discuss it. It's it. It's not just two minutes to respond to your question, but rather than our lecture, sorry, not to continue more than that.

Question: To both of you -- to both of you?

Trump: So you would say that Ukraine cannot win that war?

Orbán: You know, miracle can happen.

Trump: Yeah. That's right. Mr. President! To both of you --

Question: -- Thank you, Mr. President. What is your message to the EU because from Hungry and you want to impose their policies on Hungary? What is your message?

Trump: Well, I think they should respect Hungary and respect this leader very, very strongly because he's been right on immigration. Look, what's happened to Europe with the immigration, they have people flooding Europe all over the place and it's hurting it. It's -- the crime rates are way up, a lot of bad things are happening. He -- his crime rates are very low. They're -- they're the same as they always were, which is very little crime. Uh, because he's kept -- he's kept it the way it should be. Uh, Europe. I mean, I don't want to go into individual countries. They're all friends of mine. Everyone, as you know, in the, uh, in NATO, they voted to go from 2 percent to 5 percent and, you know, that nobody thought that was possible.

And we had just about almost other than Spain, a unanimous vote. Um, no, I think that uh, I think they respect him a lot. They don't agree with him. But actually inwardly, I think they probably do agree what -- he was right on immigration, they were wrong. They are flooding Europe with people from all over the world and Europe is becoming a different place. And I tell the leaders all the time, you better stop or you're not going to have Europe anymore. It's a very dangerous thing they're doing.

Orbán: Mr. President, please may I have a reflection on that. So on migration issue, just for clarification in Hungary, the number of illegal migration is like that zero -- zero because we have a crystal clear system. If somebody would like to come to Hungary first, he should ask for that. If he give the permission they can step in, nobody can step on the territory of Hungary without having a permission from the Hungarian authorities. This is the regulation, simple while working what is the consequence of that. We are under sanctions, financial sanctions of European Union because we don't let the illegal migrations to come to Hungary and to the European Union as well. So we have to pay, just to inform you, we have to pay every day €1 million as a punishment to the Brazilian budget because we stopped the migrants. This is the absurd world we are living now in Europe.

Question: Mr. President, to both of you -- to both of you.

Trump: Go ahead, please.

Question: Thank you so much. Thank you. Um, I'd like to ask whether -- what do you think -- What do you believe, um, after this meeting can you have maybe or the European -- European Union will have another opinion about, um, you know, just because of this penalty another opinion about Hungary because of the immigration and because of this kind of politics, which is not that strictly as the European Union direct. What do you believe?

Trump: Yeah, where are you from?

Question: I'm from Hungary.

Trump: OK, uh, I do have that conversation with them and I respect and like them. You know, they're all friends of mine. I think pretty much every single leader in Europe is a friend of mine. We get along really well. They've done everything I've asked them to do with NATO, etc. The only thing they continue to do is buy oil from Russia. That's not too good, but I told them they should respect this man. They can also learn from Viktor. Viktor had a very hard stance on more than anything else, uh, immigration or even illegal immigration. He literally has accepted no one over the years. Uh, think of how much greater these countries would be if they didn't have the tremendous crime that has come in with the immigration.

People just flowing into Europe. They've got to stop it and not only stop it, they have to reverse it, they have to get them out. We've done that here. We have zero people coming in now. The borders are closed. We take people, but we take them legally. But we've done it very strongly and we're moving, uh, hundreds of thousands, millions of people out. We had, uh, of the 20 million people, 25 million, nobody knows even what the number is. They never knew. Biden had no idea. He wasn't -- he had no idea. I don't believe he had any idea what was happening because he wasn't about open borders. But we had open borders and we had millions of people come in and they were coming in from jails.

They were coming in from mental institutions. They were coming in as drug dealers. We had 11,888 murderers, half of them committed more than one murder. We're getting them all out. We're getting them out. He doesn't have that problem. But Europe does have that problem. Other parts of Europe have that problem. So uh, you know, I tell them all the time, we -- uh, I'm -- I stick up for Viktor Orban, not a lot of people do because in many cases they're jealous. They wish they did what he did. They would have no problems if they did what he did. And I have a bigger heart than anybody, but you know, they've destroyed some of those countries. Some of those countries had no crime ten years ago and now they have quite a bit of crime. And I would say that I don't know anything about your crime levels, but I would imagine they're very low.

Orbán: They're low.

Trump: Huh?

Orbán: They're very low.

Trump: Not too high, right?

Orbán: No, no, it's very low.

Trump: [Laughter] I had a feeling.

Orbán: I may have one sure please. No, no, no, no. Just just just to just a clarification as well. I'm not here to -- to ask President Trump to manage my conflicts or our conflicts with the European Union. This is our matter. So we will do it. What we need is a golden age to open a golden age of the United States-Hungarian relationship. That's the biggest hub we can get from United States.

Trump: Maybe Europe too. You know, we can include Europe. Make it more difficult.

Orbán: So inside the European Union, we will manage all our affairs, uh, to be the most possible humble guy. Yeah, but I'm the longest serving prime minister of Europe. I survived all the prime ministers who attacked us and I'm sure we will survive next years as well. So we will manage our conflicts successfully.

Question: Mr. President? Mr. President, a question for the prime minister, speaking of Europe, last month you said that you would not withdraw US troops from Europe, yet weeks later the Pentagon announced -- decided to withdraw significant number of troops from Romania. So have you changed your mind or the Pentagon ignored your assurance?

Trump: No, they don't ignore anything that I say. What they do do is that we make changes, we move -- it's the same number, total number, but we move people around. I happen to like the Romanian people. I think they're great people. And, Pete, you may want to suggest something right there please.

Pete Hegseth: Absolutely, no, nothing was coordinated with the White House. It's all part of the view that we have of Europe and there will remain troops in Romania, but there's some change in how we rotate and how many we rotate.

Trump: And the relationship with Romania is very good, right?

Hegseth: Very good and we've coordinated all this with Secretary General Rutte, with throughout UCOM, throughout our allies, everyone was notified in advance.

Trump: The relationship with Romania is very good. The relationship with Europe is very good. I disagree with what Europe is doing -- having to do with immigration, but I agree with them on many other subjects. We just signed the biggest trade deal ever made with Europe, $950 billion. We were able to do it because of tariffs. It was a deal that was good, very good, but we had a very unfair deal. We were treated very badly before I came into office, but we -- uh, we just signed, it's the single biggest trade deal ever signed. So we have a very good relationship with Europe. Yeah?

Question: Mr. President? What is the main dispute with the Russians, which prevent the Budapest summit with Putin from the [Inaudible]

Trump: The basic dispute is they just don't want to stop yet and, uh, I think they will. I think that's -- it's taken a big toll on Russia, big toll on both countries, obviously. But it's taken a big toll. They're losing 7,000 soldiers a week. That's a big toll. And between the two of them. Divided, you know, with Russia losing more soldiers actually. But they're both losing a lot of people and that's the primary thing that with me, it's not economic, it's not money. In fact, we don't spend any money. We send it to NATO, they pay us for our missiles and for our military and everything else, we don't -- it's not a question of money. It was with Biden. He spent $350 billion.

He got nothing for it. Uh, the war would have never happened. If I were president, the war would have never happened. I think you would agree with that. This war would never have happened if I were president. Stupid that it happened, but it did happen. I inherited the war and I think we're going to get it ended. Not too distant future.

Orbán: So no question that, uh, if that time the name of the United States president would have been Trump, there would be no war between Ukraine and Russia. That's clear. But -- but what we are speaking about here is more than that because without the pressure coming from the United States government, I'm speaking 2022, the Europeans would not take that hard line what they have today on the war. Remember that big countries of Europe rejected to be involved more than just sending some, you know, humanitarian issues. So the pressure coming from the United States to be more pro-war in Europe. So that's -- that's -- that's the fact of the history, anyway. So we have to restore something which was -- which was ruined and created from here.

And that's the reason why I'm -- I understand absolutely the devotion of the president now to do everything to stop the war because that would be not that deep without the previous pressure, previous government pressure from here. So the reason why I'm here to be as much as helpful as I can to contribute to the peace efforts of the president, because that was an enormous mistake, what we have done. I mean, the Western world several years ago and we have to stop it and it's [Inaudible]

Trump: Biden actually pushed for that war to happen, OK, if you can believe it. Nobody can believe it, but just one of those things and now look what happened. Look what's happened to Ukraine. It's a much smaller country. A lot of people are dead. Uh, you take a look at what -- it's

And Russia has not been helped very much by that war either. They lost a tremendous number of soldiers and people. And you know, look, that war should have been a one-week war. I don't know why it's taken -- this is four years. Should have been one week, should have been over with, but it would have never started, should have never started. And I would have solved the problem without giving up anything. Ukraine would have remained as is. So there were tremendous mistakes long before I got there. I inherited that mess and we're getting it solved, along with the eight wars that we've already ended.

Question: [Inaudible] relations with EU leader or [Inaudible]

Trump: I think I can do both. I mean there's no reason why I can't. I get along well with the European nations.

Orbán: You're still a member of European Union, so it's easy.

Trump: Yeah. And by the way, he's a member in good standing, I guess, although they penalize him every once in a while, but he's a member in good standing with the European Union. So he's a member. He's a -- you know, he's a part of it, but I get along great with him and I get along very well with him. I agree with him on immigration much more than I agree with them. But I agree with, you know, a lot of -- a lot of the things in Europe he also agrees with, but he -- he had a difference, I would say, primarily on immigration more than anything else. And I happen to think he was right because their whole fabric is changed. I mean, you go to some of the countries, they're unrecognizable now because of what they've done. And Hungary is very recognizable. Yes, ma'am.

Question: Yes, Mr. President. Would that be a peaceful meeting [Inaudible] this year? What do you think?

Trump: You mean a meeting with President Putin?

Question: Yes.

Trump: You mean, and in Hungary -- well, I'd like to keep it in Hungary, in Budapest. That meeting, it turned out -- I didn't want to do that meeting because I didn't think anything was going to be happening of significance. But if we have it, I'd like to do it in Budapest. Yeah, it'd be good.

Question: Mr. President, you said many times -- you said many times to support Viktor Orban. Why is it important to win the next election, for example, for the United States, Hungary and also Europe? Why is it important?

Trump: Well, I don't know his opponent. I don't know if he has an opponent yet. At some point, he will, I guess.

Orbán: Always, always.

Trump: You know, we always have opponents, right? Not much of an opponent, but I'll be supportive of him. He's done a fantastic job. We've had a great relationship. The United States -- look, we had a country that had no leader. It had an autopen, illegal autopen, totally illegal, and that's coming out stronger and stronger. But we had -- we had no leader in the United States. I mean, Hungary, as an example, had no relationship with the United States even though we do, you know, billions of dollars in trade with Hungary. Hungary is a big country economically. We do, you know, billions of dollars in trade with Hungary. Why would they give that up? And they gave up so much else.

Look, they gave up everything. This country was poorly run. I think if I didn't win the election, we might not have a country, if you want to know the truth, not a recognizable country. But our relationship was immediately good as soon as I won the election because Viktor is one of the people that's highly respected and we had a great relationship with Hungary and we do again. That was an easy one. Yeah.

Question: Do you and Prime Minister Orban agree on ways to put pressure on President Putin to come to the negotiating table to end the war in Ukraine?

Trump: I think we agree that the war is going to end. Sometimes people have to fight it out a little bit longer, but I think we agree that the war is going to end in the not too distant future. Do you want to talk about that, Viktor?

Orbán: Well, I have some ideas and I will -- I will present it to the president how to stop it.

Question: Mr. President, since you brought up the Walmart Thanksgiving meal --

Trump: Yeah.

Question: -- and it is cheaper, but it also contains less --

Trump: Well, I haven't heard that. You're telling me -- who are you with? Who are you with?

Question: I'm with NBC News, sir.

Trump: Fake news. NBC -- you're fake news. What a -- NBC has gone down the tubes along with most of the rest of them.

Question: And I guess, why do you think there's such a disconnect between the economy that you're describing day-to-day and the way many Americans say they are feeling and their concerned --

Trump: Well, they feel better about our country right now other than the shutdown, obviously, which is caused by the Democrats. Could be ended by the Democrats in two minutes. They feel much better. We have more jobs. We just set a record on jobs. You do know that. We have more investment in our country than any country in history. We're over $18 trillion as of this moment and we're going to be maybe at $20 trillion or $21 trillion by the time I finish up my first year. And there's been no country, China, no country in the world that's done anywhere even close to that number. Your friend Biden, as an example, in four years was less than a trillion, will be at $21 trillion in one year.

So there's no country that was even close to that and our country was a laughing stock all over the world. We have more jobs. We have more potential than any other country. And frankly, we're the hottest country right now. Viktor said to me before, we're the hottest country anywhere in the world. Think of it we'll have $20 trillion, $ 21 trillion invested. We have auto plants pouring back in. We have AI pouring back in. We're leading China in AI by a lot. We're leading everybody in every category. There's no category that we're in second place. So I just heard this yesterday that Walmart said that the Thanksgiving was 25 more expensive, 25 percent more expensive under Biden.

That's a big -- to me, that's a -- that's a big number, because Walmart's respected. I mean, Walmart is Walmart and, you know, they're giving you prices. So that would mean that the whole series of pricing and costs, you know, the groceries and everything else, it was a con job. It was a con job, affordability they call it, was a con job by the -- by the Democrats. The Democrats are good at a few things, cheating on elections and conning people with facts that aren't true. It was 25 percent, Walmart just announced it two days ago, 25 percent cheaper. This year will be cheaper to have thanksgiving than it was a year ago under Sleepy Joe Biden.

Question: [Inaudible] a con job, as you put it.

Trump: Say it.

Question: You said affordability is a con job and you didn't want -- you said last night you didn't want to talk about affordability.

Trump: I talk about it. When did I -- when did I not want to talk about it? I talk about it all the time. We are much better than Biden and all of them. Now, just so you understand, do you remember that the Biden administration had the highest inflation in 48 years, but most people say ever recorded? Do you remember that? Right? Do you remember it? Did they have the highest inflation in 48 years? Did they? Just answer me the question. You know the answer, the answer is yes. They had the worst inflation in 48 years. We have almost no inflation. We're down now to two percent and we'll be at maybe one percent. You want to always stay above one percent, actually.

You want a little tiny bit of inflation. We're at the perfect number. They were at the highest level in recorded history, OK? And when you talk about affordability, that one fact. Now let's talk about the second biggest subject after inflation, energy. We're going to be at $2 gasoline. We're going to be approximately $2 very soon. We're a little bit above $2 right now for gasoline. Now under Biden, it was $4.50, it even hit $5.00, but it was $ 4.00, $3.50. We're going to be at $2 a gallon. So gasoline is much less. Energy costs are less. When you have energy and when you have gasoline less, everything else follows. It's such a big category.

So when you have lower energy prices, which I think you admit we do, substantially, that means everything else. So we are the victors on affordability, but I watched that election, which I was not much involved in. I didn't support Virginia, the candidate, didn't do a lot of support for the other candidates. They asked me about Cuomo and I said, well, it's a question, do you want a thug or do you want a communist? I mean, that was my response. So I wasn't involved in that stuff too much. But I will say this, if you look at affordability, which they campaigned on, they lied. Because they talked about oil prices are up, no, no, prices are down under the Trump administration and they're down substantially.

Energy prices are down by 30, 35, 40 percent. Gasoline is way down. And the other big thing is we started -- inflation is way down, the big -- the biggest thing is inflation. The second biggest thing is energy. Energy is way down and what's also down, gasoline. Also, the biggest thing is inflation and it's way down. We took over a mess. The highest inflation in recorded history. Some people would say 48 years, I'll take either one of them, but I believe it's the highest inflation in recorded history. That alone makes it impossible for them to have done a good job affordability-wise. So one other thing, when I came into office, Viktor, two days into office, they were screaming at me about the cost of eggs.

I was there for two days. Eggs had quadrupled and I said, listen, I just -- I just got here, let me check it out. And they were right. Eggs had gone up by three, four times. Within a period of a few months, we had eggs down to a normal cost. We did a great job on groceries and affordability. The only problem is the fake news. You people don't want to report it. And in fact, I'd like to ask Karoline. Where's Karoline? I'd like to ask Karoline a question. Where is she? Did she -- uh-oh, she deserted us. She deserted me. Our great Karoline superstar deserted me. Anyway, she's right outside. She was going to talk about because the fake news yesterday, they talked about that. They said, oh, I don't want to talk about affordability. The reason I don't want to talk about affordability is because everybody knows that it's far less expensive under Trump than it was under Sleepy Joe Biden.

Unidentified: There she is, sir.

Trump: And the prices are way down. Karoline?

Karoline Leavitt: Yes, sir.

Trump: Could you discuss that -- that question that was asked and how -- how it was asked in such a fake, disgusting manner by the fake news?

Leavitt: Yeah, and I just saw [Inaudible] it was very unfortunate that the reporters in this room refused to address, sir, what you just said, which is that you inherited the worst inflation crisis in modern American history and you are fixing it in 10 short months. And your entire administration has been tasked with this effort from Treasury Department to Agriculture Department to the National Economic Council right here at the White House. They are slashing regulation. He signed the largest middle-class tax cut in six months, in six months in record time, bringing your money back in your pocket. Affordability is what the American people elected as president to do and he is doing it and you guys refuse to cover it and you refuse to cover that the previous administration created the worst unaffordability crisis in American history.

Unidentified: And I've been watching the TV all day, saying that he doesn't want to talk about affordability. That's what he's working on every day. And --

Trump: That's what I'm talking about right now, but you know why they refuse to cover it, because they're fake news. That's why. Go ahead.

Orbán: Can I get her for a month? Can I get her for a month?

Trump: Sure. Karoline, the prime minister would like you to work for him in Hungary.

Orbán: Please consider it. Please consider it.

Trump: You know what, that's a very good decision you just made. Please -- please don't leave us, Karoline. Yeah, please.

Question: You spoke to Republican Senators, they do not seem interested right now in getting rid of the filibuster.

Trump: It's too bad. They're making a big mistake, that's right. No, but they're coming my way. You're right. Wait, wait a minute, wait a minute. The way to do it for the Republicans is to terminate the filibuster. They call it the nuclear option. This is the second form of nuclear, very good, very good. This is a good form. This is not a bad form. I would have been in favor of that a long time ago. But you know, the Democrats are going to do that and most of you will admit the Democrats are going to do that. So why aren't we doing it? And I think only a foolish person would be against that, especially when you realize that these are crazed people.

These people are absolutely crazed, Trump Derangement Syndrome, whatever it may be. And I am totally in favor of terminating the filibuster and we would be back to work within 10 minutes after that vote took place and lots of other good things would happen and it's -- it doesn't Make any sense that a Republican would not want to do that.

Question: If they're not going to do that, then it seems like you'd have to make a deal with Democrats to end the shutdown.

Trump: Here's some of the things that we pass if we terminated the filibuster, voter ID, no mail in voting, no cash bail, no men in women's sports, no welfare for illegals. You could go on and on. This is two pages of things I would do if you did that. Without it, I don't know that you passed anything because you can't deal with them. They're -- they're really irrational. They really are. But I was happy to see that a tremendous liability to this country, a woman that made herself rich in this country, Nancy Pelosi, has quit and she'll be out of here pretty soon. And that -- I consider that to be a great asset for America, getting her out. Yeah, please, go ahead.

Question: Are you really going to deal with Democrats [Inaudible]

Trump: ,I don't know. We'll see what they have. I mean, we'll see, but they're very destructive for the country. NBC, fake news, I'm not taking you. Go ahead.

Question: Are you worried about it backfiring in the future on Republicans, should they get rid of the filibuster and then down the road --

Trump: Well, you know, normally I would say, well, a little bit, but the reason that I'm not is because if they ever took over power, they will do it -- look, Joe Manchin and Sinema are two people that are no longer in politics because of this issue. They were opposed to what the Democrats wanted to do. They wanted to terminate the filibuster. They were opposed to it. They're no longer in politics. They're gone. The Democrats will do this. So if the Democrats are going to do it, I'm saying Republicans should do it before they get a chance. It's very simple. And if we do it, we will never lose the midterms and we will never lose the general election because we will have produced so many different things for our people, for the people, for the country, that it would be impossible to lose an election.

Question: Are you worried about an AI bubble?

Trump: No, I love AI. I think it's going to be very helpful. So many things are happening with it. And in addition to which, we're leading China, we're leading the world in AI. We're building massive electric plants that the companies themselves are building for their plant. I've given them the right because we need so much electricity for that. Just the word is electricity, believe it or not. Double the electricity that we currently have in the country for just the AI plants. And I've allowed those companies to rebuild and build electric plants along with their facility. We're getting approvals done in less than a month, sometimes in two weeks for massive, beautiful, massive buildings. And no, I'm -- I'm totally in favor of it. I think it's -- it's really going to be the wave of the future and we're leading the world. We're leading everybody by a lot.

Question: How long do you think the shutdown will last?

Trump: I don't know. It's up to the Democrats. We voted. The Republicans have voted 14 times to open up the country and the Democrats have voted 14 times to hurt the country, really. They should approve it, but they might not. That's why I like the -- that's why I like the fact that we terminate the filibuster. If we terminate the filibuster, the country will be open within 10 minutes after that termination because it will take a second vote, which is the opening of the country and the Republicans will vote to open the country. That's one of the reasons, not the major reason, by the way. I think it's less important than the other things that we get. But if we terminate the filibuster, the second vote that we will take will be to open up the country. It will take 10 minutes and the country will be open.

Question: Is there any room for bipartisanship? Because it seems like that's the main purpose of the filibuster, is to create some sort of compromise. So --

Trump: Well, it didn't work, obviously. You're right, that that was the purpose of the filibuster, bipartisanship, but that didn't work.

Question: So are you saying the next three years in Washington, there shouldn't be some level of --

Trump: Well, no, if there's -- if there's -- if the filibuster is terminated, we will have the most productive three years in the history of our country. If the filibuster is not terminated, then we will be in a slog with the Democrats and very little for either party will be done. So it's a good thing. Thank -- thank you very much, everybody. Thank you very much.

Transcript courtesy of CQ Factbase