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Donald Trump
45th and 47th U.S. President, US Executive Branch & The Trump Organization

Trump signs The Secure America Act

🎥 Jun 10, 2026 📺 Fox Business ⏱ 130m 👁 9570 views
President Donald Trump is signing the Secure America Act, a $70 billion budget reconciliation act ending a months-long funding standoff by fully funding immigration and border security operations through 2029. #fox #media #breakingnews #us #usa #new #news #breaking #donaldtrump #trump #secureamericaact #bordersecurity #immigration #illegalimmigration #ice #homelandsecurity #government #funding #budget #congress #lawenforcement #whitehouse #taxpayers #nationalsecurity #politics #political #politicalnews #america Subscribe to Fox Business: https://bit.ly/2D9Cdse Watch more Fox Business Video:...
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About Donald Trump

President Trump attended the G7 summit in France in June 2026, where he held press conferences and bilateral meetings with world leaders including French President Emmanuel Macron and UAE President Sheikh Mohamed bin Zayed Al Nahyan. Trump stated that on June 14 the U.S. reached a memorandum of understanding with Iran that he said would end the current conflict, reopen the Strait of Hormuz, and prevent Iran from obtaining a nuclear weapon. He described the agreement as a "wall against a nuclear weapon" and contrasted it with the previous JCPOA, which he called a "road to a nuclear weapon." Trump said the Strait of Hormuz was partially open and would be fully open by June 19, and he claimed oil prices were dropping and the stock market was rising as a result of the deal. He also said he had spoken with leaders of Qatar, UAE, Saudi Arabia, Bahrain, Kuwait, and Turkey about the agreement. During the summit, Trump also addressed other topics. He said he had conversations with Ukrainian President Volodymyr Zelenskyy and Russian President Vladimir Putin regarding the war in Ukraine, describing it as more difficult than expected. Trump discussed U.S. investment figures, stating that over $19 trillion was being invested in the United States. He commented on domestic issues including voter ID requirements, crime reduction in several U.S. cities, and the "Save America Act." Trump also referenced a UFC event held at the White House and joked with reporters about taking credit for the Iran deal or blaming Vice President JD Vance if it did not work out.

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Transcript (18 segments)
✨ AI-enhanced transcript with speaker attribution
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Donald Trump24:19
Congressional Democrats tried to block all funding for the Department of Homeland Security in a reprehensible attempt to throw open the borders of the United States of America. They want to drag us straight back to chaos and crime of the crooked Joe Biden administration. One of the most corrupt administrations, probably the most corrupt ever. Nobody's ever seen anything like it. And we're not going to let them do that. I have to say that Washington just had some crime numbers out and it's the lowest number, best crime numbers we've had, they say, in 58 years.
So we went from being a crime-ridden city, our capital, being a crime-ridden place to being among the safest cities in the country. I'm so happy and you're big beneficiaries because most of you live here. You hear all the time, the press, the media, and even actually some of the media, a couple of people that I would not suspect, couple of people truly treat me unfairly, but they came up and they thanked me because it's so much we have a safe city now. We also have a beautiful city. We had 22 fountains. Every one of them didn't work. One of them, probably the best was one that hasn't worked for 50 years. That was about the best. They've all been out of commission for 50 years or more. Can you imagine that? They were graffiti strewn, grass strewn, grass growing through the cracks, and they were in terrible shape. And all 22 have now been opened. And the most magnificent possibly of all. Although the one in front of Union Station is beautiful. You see that? It was all graffiti all over the place. We through a lot of work we got it looking maybe better than it was the day they put it in. But the one that they were all talking about is the almost 2,500 foot long. That's taller than any building in the world. Actually, there's no building that's 2,500 ft tall, I don't think. But it's like twice the height of the Empire State Building as an example, much wider. So, we just got that open last night. We went to do it before July 4th and it is incredible. It's called, it was originally called 1922 was built. It was called the reflecting pond or the reflecting lake some people called it. But, it was supposed to be reflection. It never worked from 1922 because it was stone on the base and no matter what it always leaked because you have stone and you have lots of crevices and we have nice stone out there but if you go between the stone it leaks and so it never really worked very well and it was a bad color. It was gray. It's concrete and stone so it was gray and I had the idea along with some great people that worked for us. Doug Burgum is fantastic. His group, Greg, everybody. And we worked very hard, but it was going to cost $400 million, and we did it for about 10 million. It was going to take four years to build, and we did it in like a month, month and a half. And we would have had a construction site out there for years, and it wouldn't have worked when they built it. So, when they told me what they were going to do, I said, 'That's not a good idea.' I built many, many, many swimming pools as a builder. Built hundreds of them and I got one of our contractors. I had him take a look and he said, 'Oh, we can do a great job if you could just give us a decent surface.' The surface was inside. So, we sandblasted the surface. We fumigated it. We took out 11 dumpsters, big dumpsters full of garbage. It was all garbage. Some of the garbage was there for years. It was all disgusting. It smelled. And anyway, we took 11 dumpsters of garbage out. With shovels. We had a shovel inside of what's called a pool or a lake and got it cleaned. We then fumigated it. We then sandblasted the entire thing, washed it, cleaned it, scrubbed it, sandblasted it. Then we gave it a test. Then we rinsed it out and we gave them a beautiful surface. And then they put a swimming pool topping but industrial strength. It's industrial strength. It's used for tanks and lots of other things to hold water. And we worked out the ratios of expansion and contraction because, you know, believe it or not, when you have something that's 2,500 ft long, there's tremendous expansion and who would think of this? Only person that does it like me and they have a lot of expansion and contraction. So when we're putting the surface down would leave areas that can expand and contract a little bit because it expands over a foot and a half. Can you believe it?
So I would have ripped it apart. So we left areas of expansion and contraction. This we were testing it for three weeks, four weeks. Works, it works great. And we just opened it last night and people are going wild over it. So it was going to cost 400 million and we did it for 10, probably 10 if you take away a couple of things. We did a much bigger job than originally planned because once we put that in, it looks so good. The sidewalks outside didn't look good anymore. You know, they look like they were in good shape, but when you do something new in this business, you do something new, the thing that you thought were good, you'd save it. So, we ended up sandblasting, steam cleaning, and sandblasting the sidewalks around it. And we had a lot of areas that were in bad shape. We had to fix them. We patched them. And you can't even see the patch. We have granite surrounding the pool. And the granite's great, but it was filthy, dirty, disgusting, and it was broken in some cases. We were able to carve out pieces from other pieces that were identical and put them in. And you can't even see the seam. And it's in better shape than it was when it was built. I told you from 1922 never worked because it always leaked because it had a stone base. The water leaked through the stone. So, we're very proud of it. It's going to be great. Now, we're doing a new surface on the World War II fountain because the surface is so bad and that'll be done during the next couple of... We're going to start it in a week or so. Finish it very quickly. But we've done a great job and the city is everyone's coming up to me saying the city is so beautiful. So, we have 22 fountains that none of them worked. The earliest I'm telling you it's 50 years for 50 years. Some of them haven't worked for 100 years, but we have fountains that were not working and were disgusting and dirty and they're all beautiful now. Every one of them. We also took care of a lot of the monuments, not fountains, but monuments and they're all in good shape. Some of them are being finished up now and it's incredible. My goal was to get it all done along with Interior and others that worked with us to get it done before the July 4th date. July 4th was a very important date. So that was our that was the date we looked at and we did a hell of a job. But everybody's looking at that reflecting pool. They can't believe it reflects. We used a dark blue. It's called American flag blue. I wanted to go light but they said sir light doesn't reflect and light shows leaves and garbage if garbage. One man said sir when you leave it'll be strewn with garbage again and you don't want that. See when I'm here it'll be perfect but when I leave I said you're right about that. You're probably right depending on who's president or who's running it. But it's really beautiful. It's something for you to see. It's incredible. It's the largest. It's the longest pool in the world by three or four times. It's, you know, it's really pretty amazing. That's where Martin Luther King made his great speech and they say he had a million people. And I made a speech there for July 4th a few years ago. And they said, and I was packed and they said I had 25,000 people. They said he had a million. But when you look at the picture, I said, 'Well, wait, the people are even tighter at mine. I had more people than him, but they said I had 25,000 and he had a million.' But I'm not going to argue with Martin Luther King because I don't know. But the Secure America Act provides $38 billion to ICE, $26 billion to Border Patrol to ensure these critical law enforcement agencies of the necessary resources to do their jobs protecting our borders and getting criminal aliens out of the country. And starting on day one of my administration, we took the most dangerous, unsafe, violent, and open border people out of this country. We got them out. I'll give you an example. In Washington over five. I don't even know if you know this. It's not just policing. You have criminals. You have career criminals. There's nothing you can do to make them nice. They have tough people. They're bad people. Some of them had records 22, 23, went 28 arrests and rough arrests for murder. And we got we took out almost 5,000 people out of Washington DC. And if you remember, so 2% of the people create 91% of the crime.
When you hear that number, it's great. I love that number because you could handle 2%. That's right. If it's 91 create 91, that's no good. Too many people. But 2% of the people and we got we took 5,000 almost 5,000 people out of Washington DC. They'll never come back. In addition, the National Guard and we work with the police department, law enforcement was great. And we have a very safe city. Everyone's going out to eat now. Restaurants were all closed. They were all closing. The few that were open were closing. And now you can't get a restaurant in Washington. Everyone wants to have a restaurant there. It's a whole different... So, it's very something we're very proud of. New Orleans, the same thing, by the way. It's a little earlier in the process, but I got a call from your governor, I got a call from Steve. They called me together actually and they said safest Mardi Gras. They said we've never had a Mardi Gras like that. They had the lowest crime they've ever had in the history of the Mardi Gras, which has been going on for a long time. They usually see said they usually have numerous numbers of murders and they had none. But beyond murders, I heard it was the best like the best you've ever had. Right. Really was a great Super Bowl, too. You had... And Memphis and that's going to be great for the Super Bowl because we'll keep it that way. I think you're bidding on the Super Bowl coming in 2031. Yeah. And it's going to be now you can really say it was a safe city. And the other one is Memphis. Crime is down 77%. Can you believe it? People are calling me up friends that were leaving Memphis were all leaving and now they're staying and the governor's everyone's thrilled. It's amazing. And if they would call me for Chicago, we'd straighten out Chicago so fast. We'd straighten out New York fast. We'd straighten out Los Angeles fast. We do it really well. And part of it is you have to get the really bad ones. You have to get the career criminals out because they will hit you hard. And they ought to get rid of, by the way, cashless bail. You ought to do that as soon as possible. Where they walk in, they commit a crime, they go out, they in the afternoon, they commit another crime, and sometimes those crimes are murder. Right. Back on the street. That's right. Cashless. I'll tell you what, cashless bail was a tremendous help to criminals. It's one of the greatest things that ever happened to a criminal. And they ought to end it in every city. They ought to end it. Chicago, New York, LA, they ought to end it. Starting on day one of my administration, we took the most dangerous, unsafe, violent open border in the world. We had the most unsafe border, I believe, anywhere in the world. And the numbers came out two days ago that for 11 months, not one person came into our country illegally through the southern border. We had 25 million people come in over a four-year period. We have it good and nobody tries to come and all the caravans I came up with the name caravan. You'd have 25, 30,000 people coming up and they'd pour through the border. You've seen the scenes where they're knocking over the fences. Very, very bad, very dangerous situation. We don't have them anymore because they know they can't get through. So, when they know they can't get through, they don't come. And a lot of lives are saved. Women were being raped on the journey up. They were being raped in numbers. 25, 30% were being raped coming up. You don't have that anymore because they don't come up in caravans anymore because they know they're not going to get through. So starting on day one, we took the most dangerous and unsafe, violent open border in the world and we created the most secure border anywhere in our country. Probably one of the most in the world. I believe it was the most insecure and unsecure border anywhere in the world because there's no country even a third world country that has a situation like that where you'd have criminals just walk across totally unchecked. They had a... Biden wasn't Biden. He didn't know what the hell was going on. It was people that are radical left lunatics who are very smart, very violent, very vicious, politically vicious. And they allowed this open border policy where millions of people came into our country unchecked, unvetted, people from jails, people, drug dealers, people from mental institutions. Jails and mental institutions from all over the world were emptied out into our country. And we've got a lot of them out. We have a ways to go. It's very tough with the courts because every these the judges have been very terrible. They've been terrible. Very sad. But we're doing we're fighting our way through it. We have made this a much in fact we've made it a country that as you saw last month they said we had the lowest murder rate that we've had in 125 years. Think of that. And that's despite the fact because we got a lot out. But we do have more. We had 11,888 people come into our country who murdered committed a murder. 50% more than 50% committed more than one murder. Think of that. So you had people coming one I think seven seven murders. We allowed them into the country. Got most of them out. In the last 12 months, zero illegal aliens have been admitted into the United States. We cut the flow of fentanyl across our border by almost 60%. Think of that. And by the way, coming in by sea, 97%. And we're looking for the 3% because we think they're among the bravest people. Smart. We cut them down, right? We cut it down 97%. And now I hate to tell this to Mexico, but we're now focused on coming in by land because the sea was tougher. A lot was coming in by sea. Much bigger percentage than anyone would know was safer for them. It used to be not safe anymore. But with 97% down coming in by sea, by ocean, by water, and you see what happens to them. And they don't do it a second time. They used to have they were totally unchecked. When they did capture somebody, they'd bring them in. They'd book them and then let them go and they'd go and they'd be back on their boat the following night. So, we're doing a great job. In the last 12 months, the numbers have changed in this country like nobody's ever seen before, but zero illegal aliens have been admitted. And that's made by largely Democrat people. Those lists are made. And I find it hard to believe when I say zero. There must have been some, but they say zero and it's very close to zero. It's hard to believe. You look, you know, they used to have that certain areas on the other side of the wall. I built over a thousand miles of wall. Without the wall, you couldn't do, but I built over a thousand miles of wall. We're building more now in certain areas where you need it. But, nobody's ever seen anything like this. They had plazas. We have thousands of people standing in those plazas. They were built. They actually made them out of concrete because the land was so disgusting and dirty and it was so muddy and horrible. So they put massive concrete plazas on the other side for people to wait getting in. There's nobody on them. There's nobody. They took a picture this morning. There was nobody on any of the plazas. There four of them, big ones where they come and stand by the thousands. There was nobody on the plaza. So it's really amazing. I want to speak about in my speeches. I wanted to I made a speech last week which is really wonderful Wisconsin. That's right. And I wanted to speak about the great job I've done on the border and my people said, 'Sir, nobody cares about that.' They said, 'What do you mean?' I got elected on that twice actually because I got elected the first time in 2016 and after I left it became horrible, horrible. Second time was far worse. The what it was in 2024. It was so bad. Far worse than 2016. 2016 was like a pleasure trip by comparison to what it became. It became worst in the history of the world. I don't think there's ever been a border where 25 million people came across all unchecked and unvetted. You never let that happen. We can never let that happen. What happened to our country again? Because no country can stand it. No country could have withstood what these people... We had a border czar who never saw the border. We had a border czar who never called never once the people that were giving good paychecks to they never called up ICE. They never called up the border patrol who are phenomenal people by the way. She never once called them. She was the border czar for four years almost four years and she never went to the border and she never called up. I used to call them all the time. Paul, Brandon, I used to call them all the time and say, 'Hi, how are we doing on the border, sir? We're doing okay.' But they're great people, amazing people. She never called them. We had the worst border, I think, of any country in history. No third world country would allow people to come into their country like that. So, the bill provides crucial funding for domestic law enforcement investigations and combating child exploitation. Continuing our work to restore law and order across our nation and to protect America's youth. We're so proud. We're so proud of Washington DC and the National Guard, the job they've done. And we've worked with the Washington the Capitol policing. They're great people. I've gotten to know so many of them. Very simply, the radical left Democrats and I'm going to use that terrible lot because they're dumb. I mean, who wants open borders? Who wants transgender mutilization of your child? Who wants that? Who wants men playing in women's sports? They're dumb. They're Democrats. They have the worst policy of anybody. I watched that thug that's up in Maine. He's a thug. And they're trying to make excuses for him. I mean, he's worse than any human being that's ever run for office probably. I don't know him. I don't want to say bad, but I just look, I mean, nobody's ever had a record like that. And you'll have Schumer. He goes crazy over this or that or Epstein. Epstein. This guy. Why aren't they talking about him? He said, 'Well, we don't know.' But this guy's got a record. I've never seen anything like it. He's a thug. I know thugs. I had to deal with thugs. I built a lot of buildings. I dealt with the toughest people on Earth. I dealt with worse than thugs. This guy's a thug. He's a low-level thug. And he's running for to be a senator to work with Eric Schmidt. Great. Eric will handle him, I think. To be with Barrasso. Who the hell do we have to be with Rand? Now, Rand would be very interesting with him. Rand would figure it out. It'll put him away. But, this is a thug. He's a cheap no good person. And I watch these senators, the Democrats, and well, we don't really know. You do know he's as bad. I've never seen a person like that run for office. And the guy from Texas different, but he's terrible, too. He's terrible. These are radical left communists. But I watched this guy this morning and he was so bad. He was so bad. He's a bad guy, you know, just a bad guy. He must be laughing up his sleeve when he looks at these idiots going like Schumer. Well, he's okay. He's okay. He's not okay. Can you imagine if the Republicans had him? Oh my god. How about if we had him, John? Wouldn't let it happen. I think I really believe it. If it meant losing the Senate, you would not let that happen. It's just a terrible thing. I mean, I watch it happening. It's unfolding. It's really history because there's never been a guy like that that's ever run for office at any level. I don't think at any level. And the excuses they come up every day somebody comes forward with really proven stuff. Even his business, you know, oh, he's not a businessman at all. His parents supported him. Guy's a loser. Other than that, he might be a very nice guy. But very simply, the radical left Democrats and I don't I look forward to the day when I don't call them Democrats anymore. And I won't if they do their job. If they want to stop crime, if they want to lower taxes, if they want to do the common education, the good things. There's so many things we can do together. I look forward to the day that I don't call them Democrats anymore. And there'll be that day, I think. I hope. But they're in Congress and they voted with the cartels, the terrorists, the gang members, the drug dealers, the human traffickers, the child predators, and our great Republican majorities voted to protect law-abiding American citizens. I mean, they voted to raise your taxes. They voted for men in women's sports. They voted in favor of men participating in women's sports. It's ridiculous. They voted for the transgender mutilization of your child. They voted for all these things. They voted for open borders so bad. One of the worst things that's ever happened in this country. Hardest thing to cure because we had 25,000 people. Remember this. When countries because countries set those people up when countries put people into a cartel into a through the cartels, they put them into a whole group of 10, 15, 20,000 people that come in. They're not giving you their best people. They're giving you people that they don't want. Yeah. And they're sending them into our... And the Democrats voted in favor of that. It's really a shame and it's so bad for the country. You'd almost think they hate the country because they can't they're not stupid people. You can't cheat like they did. And look at the election in California as an example. After a week, they determined that a kid who's leading and had all the mojo, all of a sudden he doesn't make the runoff. And then I hit them hard on that. But I started talking about Steve Hilton, who's a fantastic guy. And I saw them say it was going to be two weeks before they knew. And I started hitting them, it's going to happen to Steve Hilton, too. It's watch. You got to watch. And they approved Steve Hilton very quickly. They didn't want him. There was too much heat on him. The only reason he got approved, he had all the votes he needed probably to be first place, but the only reason they approved Steve Hilton, it was going to be two weeks. They said it. And then they approved him that night because the heat was on them because they're cheating dogs. And you can't have a great country when that happens. That's why Los Angeles, that's why that state is in such trouble. Some most beautiful place, best weather maybe anywhere in the world, but it's in big trouble. So, we're going to have a tremendous success. The people alongside of me are amazing people. They're amazing. Every one of them. I know every one of them. They're amazing people. They love the country. They want to do right for the country. And if you have any questions, please let's go.
Well, we're going to be attacking and attacking them very hard. Yeah. Well, we are based on a helicopter. I guess we have the right to do that. You know, they shot down a very incredible actually an incredible machine. And at first they said they didn't do it, then they admitted they did it. Sort of easy because we have the bomb. We actually have the bomb. Got very lucky that bomb didn't explode. That bomb was lodged in the helicopter. It didn't explode. It was on fire, but it didn't explode. Those two guys, they knew how to fly, but they got very lucky. And then we had the unmanned boat going very very fast at speeds that you wouldn't want to go. That's why it's unmanned, I guess, because nobody can go in that. But they rescued. So both people are fortunately the pilots are okay. No, look, I've been working with Iran for a number of months and they should sign that deal. It's a good deal. It doesn't give them the right to have a nuclear weapon. In fact, it totally prohibits them from ever having a nuclear weapon. And it was just tap tap tap. I don't know what they're doing. So, they then shot out a shot at our helicopter. Very expensive helicopter, by the way. But, much more importantly, the two men, fortunately, they're okay. But, an amazing rescue. If you ever get a clip, you won't believe the rescue, how cool it was, the equipment we have. Look, we have the strongest military in the world. And I gave them a break at the request of Pakistan, the field marshal and the prime minister of Pakistan are great. We stopped them from going to war with India. You wouldn't have had a nuclear war if it wasn't for me. But they became friendly to me, very friendly, and they're close to Iran and they work and they still are working on trying them to do what's right. But we want a deal that's meaningful. We want a deal that works. We don't want to just have a Barack Hussein Obama deal, JCPOA, the worst deal. That was a path to a nuclear. It's the exact opposite. You know, I like on television. They say, 'Oh, they should have kept that deal.' First of all, it was over. It was a short-term deal, but that deal was a path to a nuclear weapon. This is a path against a nuclear weapon. You can't have a nuclear weapon. His was a path to a nuclear weapon. They were developing during his administration nuclear weapon. If they had a nuclear weapon, there'd be no Israel, there'd be no Middle East, and they would have absolutely shot at us. So, we'll see what happens, but we hit them hard yesterday and we're going to hit them again hard today in case you miss it, in case you don't turn on your television set. And we'll see what happens with the deal. We were really close to a deal, but they keep tapping us along. They keep playing us for suckers because you know what? They dealt with some very stupid presidents. I have to say that. I'm embarrassed to say some very stupid people were sitting here.
She does because she's a sane woman. She's not my best friend at all. These guys are. I get along well, but I have some. But she's a sane person. And she's a person that never missed a vote in many years. I mean, she's like had 10,000 votes. She had 10,000 votes. She never missed a vote, unfortunately, because sometimes she voted against me. You know, look, she's a sane woman and she's a respected person. Maybe a little different ideology than me, but this guy is a thug. He's a fake. He's a fake thug. He's a phony. I've made a lot of money picking out phonies. He's a real phony. He's bad. He's a bad person.
Well, I'm not going to say that to you, but I could do that. Look, I could knock out... We have the most powerful... I built the military with these people approving it and approved numbers that nobody would have ever thought we would have been. But we built it. We gave a lot to Ukraine through Biden. He gave a lot of money a lot. But we're in great shape. We have a lot of storage capacity but he gave a lot and if you look at what's happened... When I left our cupboards were full. He gave and he gave. Now I sell it to the European Union and they give it to Ukraine for the most part but we have the strongest military anywhere in the world and sometimes you'll have to use it and we have to remember and when people hear this Iran very simply cannot have a nuclear weapon and they won't and they've agreed to that all they have to do is they have to start signing a paper it's fully negotiated we have a fully negotiated but they're tapping and tapping and I say all right let's give them a couple of more days they're tapping because it's a meaningful paper they know when they sign that paper it's meaningful. The Obama deal JCPOA one of the worst one of the dumbest documents I've ever seen.
Well, I can say this. We're having a meeting with them. It's an amazing industry. It's bigger than any industry anyone's ever seen. We are leading China by a lot. And you know, whoever leads that is going to really lead the world to a large extent. That's how big it is. And I'm going to have meetings with the top 12 or 15 executives very shortly. And we're talking about giving back something to the public. And if we do that, the public will become very rich, the people in our country, because that's the kind of money we're talking about. And I think they'll do that. And I think it'll make it very popular.
Well, as you know, he's a very good friend of mine and we've worked very well together. I like him a lot. I'm not supposed to say that because the press will say, 'Oh, he likes Erdogan.' No, he's a hell of a leader and a strong person. Very strong person. I haven't heard that at all. If I did, I'd call him and I think I'd make sure that things were fine. I don't think that will happen with Turkey. Not as long as I'm president because he respects me and I respect him. But beyond that, we have a good friendship. So, you know, we'll see.
Well, I'll go a step bigger. Peace for the world. Okay. Peace for the world. Middle East. Yes. Peace for the whole world.
I think it's terrible. I think it's terrible. I've seen it. I mean, he was more, you know, now he's trying to sort of say, yeah, I sort of knew him. He didn't know him. They were very good friends. And you look at the you go back and look at what happened during that period of time. He was a witness at the trial for him. He was a positive witness for him. He said the most glowing things. The guy knocked down the World Trade Center. Admitted that he knocked down the World Trade Center. I think it's another one. If you look, I actually think the one in Maine is worse because he's just an outright pig. He's like a pig. I watched him a couple of times. He's like a pig. It's what he reminds me of. You know, I come up with good names for people. I don't want to stick him with that one, although I think pigs would be very upset about it.
Well, I'm not looking to renew it. I don't you know I mean I made the deal and the primary reason I made the deal is that NAFTA was the worst trade deal I've ever seen and I made it better but I had the right to terminate and you know with NAFTA we didn't have the right to terminate. I had to get these senators to approve that deal. That was a tough thing congressman too. NAFTA had no termination. So I mean I've never said this before but I'll tell you what my thinking was. NAFTA was a disaster for our country. The worst trade deal ever made by far. You know, they had typos in, okay, and they were supposed to correct them and they never corrected them when they were signed. They knew there were typos and there's a process for that. You state your claim and you know, you got to change. They had typos on percentages or maybe somebody wrote and that was for years. They never ran. They had horrible all against us. So it probably was a typos and NAFTA was the worst trade deal we ever had. USMCA did one thing that I loved after six years. It comes up for renewal. I don't know that I'm going to renew it because to be honest with you, the United States does much better. We don't need anything that Canada has. We don't need anything that Mexico has, but they need everything that we have. And they have to treat us better. You know, with Mexico and Canada, we have trade deficits. We should have surpluses with them. We don't need their cars. We don't need their lumber. We don't need their energy. We don't need anything that they have. So, the primary thing that I got, it was a much better deal than NAFTA. Much much better. It was sort of a good deal, but it was a great deal for one reason. It gave the right to terminate. And who would have thought that I was, you know, they just didn't want to have it during the four-year period when I was president. So now they made it so that I wouldn't be president. And because they rigged the election, the second election, as you probably hear and probably know, most of you know that happened. And now it's been proven. And it will be proven as time goes by. Even more so. We have things that you won't believe. When we release the full files, you're not going to believe how crooked the second 2020 election was. Who would have thought that it comes due in my term? I mean, this was... Thank you very much. So, it was very important that we be able to do that. So, we're talking to them. We'll see if we do something.
Well, yeah. People have wanted that downsized for a long time, and many people don't want it at all. A lot of people thought it was a duplication. Yeah. A lot of people thought it was a duplication. He's done a great job at Fannie Mae and you know, you take Freddie Mac, Fannie Mae, the value of that has increased so much since I've been in charge. You know, I had the right to sell that. And in my first term, a group came to see me wanting to buy it and they offered me exactly 10% of what it's worth today. And I didn't want to do it because I didn't want to look foolish when they flipped it a year later for hundreds of billions of dollars more. So I kept it and I put him in charge as soon as I got here and he's done an amazing job. Could be worth a trillion dollars. Well, it is. I know. But you know, smart people are smart people. I always say I'd rather have smart than experience, but experience is good, too. I would say this, he's going to be there for a short while. While we pick somebody else. We're interviewing five different people. They're all very good, very different, and we'll put somebody there. But people want it downsized. The senators and the Congress people, I think everybody wants it downsized. And many people, I think, and I won't speak for Todd, but and I'm not sure how Todd feels, but by the way, he's great. I hope you people have give him an easy run because he's very busy. He doesn't need stupid people saying, 'Why didn't you get a higher mark at a certain college?' Because he's highly educated. He was a great student. He's great at everything he's done. But how come he got a B+? See, they'll go after him for getting a B+ instead of an A. But the other guy can be a thug and let him run. He's okay. He's fine. The one thing about him, it's great because every time they bring something up, he's worse than anybody that we've ever seen. And I hope the Republicans are going to use him as your standard bearer. When they say that, 'Gee, Eric, we don't like the way you dress today. It's unacceptable, right?' And then all you have to do is point to this thug that they're trying to put in. So, pretty much that's the way it is. He's going to do a good job. He's going to be there for a very short period of time. He will be superseded and replaced by somebody that's going to have the job permanently.
I don't care what they say. Democrats. They're not Democrats. They're Democrats. They're dumb people. Young... Then I guess something's going to happen. No, we can't let them extort us. I told the guys today we can't let them. They did. They've done it on numerous occasions. They said we can't. This what we're signing today has been amazing but they tried to extort us and eventually and they were losing tremendous support because they're extorting on law and order and they can't win on law and order. People want law and order. They don't want crime and that's essentially what they were doing and ultimately they could not take the heat but we can't let them exist.
What starts? World Cup? Yeah. Soccer World Cup football. Most successful World Cup they've ever had. Exactly. They've never sold tickets at that level. They've never sold that many tickets so quickly. It's amazing because you don't think of soccer. We'll use the word football soccer, right? But you don't think of soccer in this country. It's the most successful. I spoke to Johnny this morning. He's fantastic and he's the boss. He said there's never been anything close to what's happened. But because of this success, some people are afraid that it's going to be harder and harder to get visas to come from outside. Can you... Well, we're working on it very closely to make sure the right people come into our country.
No, I love it. The numbers were great. You know what I really love? I love the inflation. You know why? Because as soon as this war is over, you know, I can say it now, something you didn't know. Do you know we've been taking out millions of barrels of oil? Nobody knows it. You know who doesn't know about it? Iran until right now. We took out the other night 22 ships late at night with no lights because they don't have any radar because we blasted the crap out of it. We took out... That's why oil's $85 a barrel. I mean, you take a look. Remember when I did this, I said, 'Look, the one bad thing will be we hit the best economy we've ever hit.' And I said to my people, I had Scott, I had Howard, I had Pete, I had all of them. I had Todd in the room. I said, 'The one thing we have to do now, we had just hit the highest stock market in history, highest 401ks in history. Everything was going well.' And I said, 'I hate to do this to you guys, but Iran's going to have a nuclear weapon very soon. We have to go and attack.' So, we hit him with the B2 bombers, which took a lot of courage. It was totally successful. We buried it very hard to get, but now we had to make the second move. And I said, you know, the bad part is the stock market will go down by a lot based on predictions of experts, like 25%. And it was worth it to me. It was worth it not to have a nuclear weapon. And the other thing is that oil would go to $250 a barrel. It's at 85 and which is pretty amazing. And here's the key. We just hit today another stock market high. 74 in my short time here. 74 days we hit stock market all-time historical highs. Nobody can believe it. The Dow, the Dow, the S&P S&P was at 7,000. They said in four years, maybe five years. It will never hit it during the term. It was too much. I hit it in my first year. I hit on the Dow. It was 50,000 was an impossible number. They said five, six years out. You'd hit... Well, I hit it in my first year. And now I get everyone in the room. I say, 'Congratulations, but now I'm going to take it down a little bit because we cannot let Iran have a nuclear weapon.' And they all agreed with me. Todd, you remember? They everybody agreed. And we took a little journey down to Iran. We first stopped off at Venezuela, by the way. And we have paid for that war many, many times over. And we have great relationships with the people of Venezuela. We get along with them great. It was a great success. It was a one-day war. It was really a... It was really, to be exact, 48 minutes of fury and it was over. And Venezuela is doing great. Relationships with the people are great. It's become a happy country, believe it or not. I mean, it's become a happy country and we're taking out millions of barrels of oil from Venezuela. And then we went to Iran and essentially we've done the same thing. It doesn't look as pretty, but there's no navy. 159 ships at the bottom of the sea. There's no air force. All of their planes are blown up. Most of their drones are gone. Most of their drone making ability is gone. Most of their missiles are gone. All of their leadership is gone, so they replaced it. All of that leadership is gone, so they replaced it. And that's the people we're dealing with now. And I think they're going to want to make a deal, but we're going to find out.
Oh, when the war is over, it's coming down. It's going to come down like a rock. And again, we're taking out millions, which I'm just announcing today for the first time, but we've been taking out millions of barrels of oil. Millions of barrels every night. We took out oil. But now I'm going to tell you because they just figured it out. So now that they figured it out, I can tell you. It was very hard for me. I wanted to say it so badly, but I didn't want to ruin it, but it was very hard. But millions of barrels of oil has come out and that's why it's at $85, 90 a barrel instead of 250. But we have the greatest military in the world, the toughest military in the world, just the best in every way. Nobody even close. There's no military that's even close. I rebuilt it during my first term. I'm using it now. When this conflict is over, Todd said, 'Please go out of conflict,' right? As opposed to the word he didn't like the word war but it's a sort of a conflict it's a military operation when it's over you will see oil dropped to where it was before we getting gasoline just before it started I was in Iowa and we passed gas stations at $1.85 a gallon and we'll be back at those levels very soon. Thank you very much. Thank you Russ, thank you guys, thank you guys, thank you guys, thank you. Thank you all.
See, Biden wouldn't do this. No, he wouldn't. That's the real deal right there.