Administration of Donald J. Trump, 2026
July 6, 2026
The President. Lee Greenwood. Wow, has he been great, huh? That's been with me a long time, that song. We won three elections with that song, and we have a country that's a much different place than it was just a short while ago.
We have the hottest stock market in history. We did great the first time. We had the greatest economic numbers ever in history for the first term, and I think we're going to be blowing them away. What do you think, David? Do you agree? Goldman Sachs' David is here.
We're going to be blowing them away. The numbers are—all over the country, we have factories rising—$19.2 trillion investment.
And please sit down. Please. I appreciate you standing up, and anytime you want to stand up and cheer, that's okay too. [Laughter] But we have a lot of very big people here. They don't get up and cheer too often. But they're very happy with what's happening, and we're doing very well.
As you know, Venezuela was amazing, and we're getting along great with Venezuela, where we paid for the war many times over, and Venezuela is doing better. The relationship is very, very good.
And we're doing very well with Iran. We wiped out their navy, their air force, their radar, their leaders. We wiped out everybody. And then I heard, "They're doing very well." No, they're not doing well at all. They want to make a deal so badly, but we'll see what happens. They have to make the right deal, because they cannot have a nuclear weapon. They cannot have a nuclear weapon. It's very simple.
You want to see a bad stock market? Let them use a nuclear weapon; I'll show you a bad stock market. Right? So—but we're doing very well. They've agreed to a lot of things that a lot of people said they wouldn't agree to. We'll see what happens. We're going to win one way or the other. We'll win the nice way or the not nice way.
But I want to welcome everybody to the Rose Garden. What you're sitting on, the stone, is sort of a replica of the color of the White House. This was grass, and I love grass, but you know, the White House was built on a wetland, and the grass was always very wet. And if you were sitting here right now, your shoes would be destroyed. You would be extremely unhappy with me. You'd want to leave. The men wouldn't like it, but the women would—with their beautiful—I won't name the group, but you know who I'm talking about. Those extremely high heels, they'd be sinking into—I used to call it the quicksand. It was a quicksand pit. So we've redone it.
We built the Presidential Walk of Fame, which starts with George Washington and goes all the way up to Trump. And it's been so popular. We've redone the path. All the stone was broken. It was in terrible shape. And we put beautiful granite pavers in that will last—they said has a million-year life. They go a million year plus. They rate stone, you know? Thirty-five thousand pounds per square inch.
So think of it. Nature makes a stone far greater than we can. There's no stone that we can make, there's no concrete or mix that we can make that's 35,000 pounds per square inch.
But it's gotten rave reviews. The—I don't know if anybody's up and seen it, but this is the walk to the Oval Office and walk to the West Wing. And so we've done a job.
And we've taken about 150 years of paint off of the columns and redid them. They were in very bad shape. You know, when you have 150 coats of paint on something, it's not good. You're supposed to—what they call "strip it." I don't use—use a word like that too easily. I will tell you, in construction, if you don't strip the paint off, it gets worse and worse and worse. And it was looking bad. You couldn't even see the details of what was up here. We very carefully stripped it.
Now we're doing it—you noticed the scaffolding on the front of the White House. We're doing that. A lot of love is being put in the White House, because, frankly, it was treated very badly by—a lot of Presidents had no idea. The last one definitely had no idea.
Do you think he walked in the office and said, "I don't like the shape of the columns?" I don't think so. [Laughter] Biden. "I don't like the shape of the columns." He didn't notice things like that. He didn't notice anything.
But we're putting a lot of love back into the White House. This will happen every 200 years or so: You'll get somebody that will bring it back. But if you look at that wall right there, that beautiful wall of the building itself, that's been redone, and it's been done beautifully.
And the best thing and the biggest thing that we're doing is, we're building a ballroom and a tremendous military center. That was supposed to be top secret, but it's no longer top secret because, no matter what you do, you get sued. They sue because they think the ballroom is too big, the ballroom is too small. "I don't like the color of the ceiling." "We don't like"—you know, you just get sued. In this world we're living, especially if your name is Trump, you get sued, and you get sort of good at it after a while. It becomes routine. It's ridiculous.
But we're building something the likes of which will never be even close to being competed with. The ballroom is going up to there. You see, it's—the hardest part is now completed, the base. And it's rising—very substantially rising. And when it's done—you know, the most you can seat is about 93 people in the White House. It was always a problem.
For 150 years, they've wanted a ballroom to be built. We don't have a ballroom in the White House. We have a room that's a little bit large, but it's not a ballroom. It's a very small room.
We had King Charles here. Everybody wanted to be here. We couldn't hold anybody, but soon you'll be able to. It will be—I think, it's going to be one of the most beautiful structures in Washington when it's completed.
And I've done many ballrooms, and this will be the—there won't be anything to compete with this anywhere in the country, and that's what it should have. And it will use it exclusively only for the White House. But it's really what it should have when you have heads of state.
It's also able to hold the Inauguration. You know, we had—the inauguration was so cold that—when you have January 20, it's so cold, the weather, that generally—the first time we got by with it, it was good. It was, you know, like, 34 degrees. But the last time it was below zero, and you weren't able.
So we used the Capitol, and it's a very small space. It's not safe. It's not—you know, it's not—it—they didn't have drones in mind when they built it. They didn't have other things in mind either.
But we were able to get 921 people in, and this will hold many times that numbers of people without the tables, as seats. And bulletproof; drone proof; missile proof, in many cases; and beautiful at the same time.
And a big military component, including on the roof: a drone port. Can you believe? We have a drone port. And it's like no other. So we're doing a great service. It's great national security.
We also take care of a need. Every President said this is crazy. I'm sure that many of you, along with me, attended—we would have a Presidential ceremony of some kind, or head—heads of state would come in. For instance, President Xi is coming here in the—toward the end of September. The 24th, I believe. And what we need is a big ballroom where we could hold thousands of people to see him. Everyone wants to see him. Same thing with King Charles. Same thing with a lot of the leaders of countries. And now we're going to have a place the likes of which no country has.
I was in the Great Hall of China recently—4 weeks ago, when I was in China. They have a very large ballroom, beautiful ballroom. We don't have that, but we're going to have one that tops everything. It won't even be close. The beauty of it and the size will be great.
So it's exciting, and that will be done—actually, I won't get to use it very—you know, people say, "He's building it for himself." I'll be using it from—I'll be lucky if I get 6 months, because it will be done toward the middle of '28. So I'm really building it for other Presidents.
But it will give them great safety. Glass windows that are this thick——[At this point, the President held up his hands]
——that can withstand any form of shot: rifle, drone, anyone. Nothing gets through. Steel walls. Steel ceiling, extra strength. I mean, it's really an amazing thing.
And yet all of that security made it more beautiful, because you have very thick walls, very powerful walls, very beautiful. We've actually taken security and made it a beautiful thing. It looks like it was built from 700 years ago.
Like, when I went to England, we went to Windsor Castle. It's the longest building I've ever seen. I said to Charles—it was built around, like, 900. You know, it was a long time. But I said to Charles: "Who built this? This place is incredible." "William the Conqueror." I said: "Oh, William the Conqueror. Was he a nice man?" Charles said, "No, no, he was extremely strong and very tough." I said, "I figure." With the name William the Conqueror, I would think—what do you think? I think he'd be tough, Michael. What do you think?
I said: "We have to come up with a good name for you, Charles. Maybe 'Charles the Conqueror.'" "No, no, no. Please."
But William the Conqueror built a great building, but we are building one that's going to top them all, and it's going to be beautiful. It's gotten great architectural reviews. And more importantly, it got great military. We're doing it in conjunction with the military and the generals. And these are smart, brilliant generals that know exactly what they're doing, what they want. And I'm giving them everything they want, and it's really a national security must.
But I want to welcome you to the Rose Garden. And today's a historic day. As we begin America's 250th year, we're launching what's called the Trump Accounts. You've been hearing about it. And this was something that was made possible because of the "Great Big Beautiful Bill." Otherwise, you couldn't do it. We got it approved. Ted Cruz is here, and he helped us a lot. And I want to thank you, Ted.
And to ensure that every American child is born with a head start and a fair shot at the American Dream, because by the time they're 18 they could have a lot of money. They go up with the market.
Think what would have happened if we invested $1,000 in an account even—Brad and Mike, Susan—if we invested $1,000 in an account a year ago. It's like—would have doubled and—because the market, we—we're riding the hottest stock market in history.
Eighty-one days—I've been here 1½ years. Think of it. Eighty-one days we hit record highs, including today. A lot of you Wall Street guys—I see Larry, and I see some of the biggest guys in Wall Street: David, Goldman Sachs; Blackstone; BlackRock. They're all here. And think of it. I'm making them all geniuses. Every one of them is a genius.
Is anybody doing poorly? If you are—I guess you have a couple of guys that went short. Those poor bastards. I mean, they are—they're in big trouble. [Laughter] They're being wiped out, the short guys. I never like short guys because they're betting against the country. So that's okay.
But earlier this morning, many of you joined me in the Oval Office for the ringing of the opening bell. And something happened that was incredible—never happened before. We had the New York Stock Exchange and Nasdaq, the top of both. These are great people, but they never did a bell—an opening together. This is the first time.
And there's the bell right there. And I said it's so beautiful, I'm not giving it back. I don't know if it's supposed to go back. [Laughter] But they're going to have to fight like hell to get it back. We're not giving it back. Do you understand that, Scott? Don't—don't let it leave. It's so beautiful.
But that's the bell we rang, and that's where the New York Stock Exchange and Nasdaq came together, their leadership—brilliant people. And the first time ever we did it together. It was an opening where we did it together. That's in honor of the Trump Accounts, because we're going to make young children born with no money, in many cases, rich. I think they're going to be rich.
But I want to thank Secretary of the Treasury Scott Bessent; Chairman of the SEC—these are terrific—really tremendous people—Paul Atkins. Scott, stand up. And, Paul, please stand up. Thank you very much.
Director of the National Economic Council Kevin Hassett, who's so great. Everybody loves him. Stand up, Kevin. Thank you, Kevin.
Governors Sarah Huckabee Sanders, who worked here very diligently and brilliantly as my Press Secretary. She did a great job. Thank you very much, Sarah, wherever you may be. Thank you.
And Governor Jeff Landry, who called me. He says, "You know, we have a crime problem, and we had the Mardi Gras." And he said: "Could you send—we want to get rid of the crime. Do something, because we have a little bit of a—Mardi Gras is coming, and we have a little bit of a crime problem." And I think you say it was the safest—where's Jeff?—the safest that they've ever had. Is that right? Right? In New Orleans.
Governor Jeffrey M. Landry of Louisiana. Yes.
The President. He said it was the best they ever had, the safest. And the city crime is down 81 percent.
I wish Chicago would call me. If Chicago would call me, I would wipe out crime so fast. We'd remove the hardcore criminals like I did in Washington, DC, in Memphis, and in New Orleans. We were—it's not just a question of, you know, we're going to have big, strong soldiers. That's the least of—well, it's very important.
But we removed in your place, you know, 2,900 career criminals. Many of them came through the Biden administration's stupid open-border policy. They poured in. And I just want to give a little extra thing. Thanks a lot, Jeff. You're doing a fantastic job, and I'm glad you called.
But he called me up 2 days ago, and he said, "We just had the lowest crime numbers we've had in 50 years"—five-oh. And we haven't even finished the job, but they're down, like, 87, 85 percent. You'll be down to 90, 95 percent.
But we removed the criminals. We took them out. We're not letting them stay because they're criminals, and they'll—you know, a great stat that I love: 91 percent of the crime in cities is caused by 2 percent of the people. I love that because you can handle that. You can get rid of the 2 percent. If it was caused by 91 percent, you've got a problem.
But 91 percent of the crime in Washington, DC, as an example, was caused by 2.1 percent of the population. These are career—many career criminals, sick people, mental problems. But 2.1 percent in the case of Washington. And we removed from Washington, DC, 4,212 people—permanently removed. Many of them were brought back to their countries. Some were put in jail. Many were wanted. We had murderers.
So we've taken Washington, DC, crime—we brought it down 91 percent, and it's considered now one of the safest. It's—we're going to do better than the 91, because 9 percent is even too much. But we're going to bring it back to almost nothing.
The only thing we have a hard time stopping is a crime of passion. Do you know what that is? Anybody? Was anybody in—this is a group that probably knows something about crimes of passion. But these crimes of passion we can't do much about. It's just one of those things.
But we have—Washington is way down. We worked well with the Mayor's office, the National Guard. And our military was unbelievable. And in Washington, restaurants were closing. Nobody wanted to eat at restaurants. It was a disaster.
When I first came, it was a really—they were losing three people a week to murder. Can you imagine—150 people. And I said, "Wow." And we really put it into gear, and now we don't have murders. I mean, you have, I guess, but not much.
And people are safe, and restaurants are thriving. You can't get—if you're an entrepreneur, a restauranteur, you can't get a restaurant. There's nothing available. The restaurants are packed.
They used to go in and rob the restaurants. They had—you know, they wouldn't—you'd feel safe in a restaurant. It was like the old Wild West. They'd say: "Stick 'em up. Give me your money." The whole restaurant is handing them money.
And now if that ever happened, those people would be in deep trouble. Deep, deep. We hit them very hard, and we have tremendous military people involved, and they do the trick. And that's what happened with Jeff, with Louisiana.
That's what's happened with Memphis, Tennessee, where the Governor also called me. He said Memphis—I mean, FedEx was going to move, and now they call me the other day, they said: "You've made it a safe city. I've never seen"—people have never seen anything like it.
Washington, DC, every day somebody says "Thank you." I know immediately what they're saying. Young women that walk to work at White House, they used to take Uber, and they felt unsafe because the Uber car was robbed and dangerous. They'd shoot people. That doesn't happen anymore.
The girls are walking to work, and the young guys are walking to work, and the older guys, if they can walk, they walk. Half of them can't walk because they made too much money. A lot of these guys here, they can't walk, but they're rich as hell.
But it's a—it's such a tribute. And I just wish that I'd get a call from the Governor of Illinois, as an example, or the mayor of Chicago. "Sir, we've had a"—They've had a horrible 3 weeks, by
the way. Many people shot. Many people killed. And they just don't want to call. They have to call. All they have to do is say, "Sir, we need help." I'll straighten it out so fast.
San Francisco—I wish they'd call. You know, you have a mayor there who's a Democrat, but he's a good person. He's trying hard. But I told a couple of the very rich people living in San Francisco—they wanted me to give him a chance, and I said: "All right, I'll give him a chance, but he can't do the job because he can't remove people like us." We have the law on our side. We can remove murderers.
You know, under the Biden open-border policy, 11,888 murderers were allowed into our country. They're living in a place near you, but I've gotten rid of—most of them have been either removed or we put them in jail. We've caught and—caught most of them, but they came in through an open border. They came in through prisons, mental institutions—drug dealers. You have no idea the drug dealers that came in under Biden. Open border. Nobody checked. They just walk in. And you could look at some of them. You could say, "This is trouble," and they'd walk into our country. We remove them.
And I wish Los Angeles—I wish Gavin Newsom would call me. I wish Governor Pritzker would call me. I wish the Governor of New York would call me. They have tremendous crime, and—all of them. And we—they would have—they would go just like Washington. We have the men—we have unlimited number of great men.
You know, one of the things we—one of the many things we got was—from the Supreme Court of the United States. You know, we went against merit. Merit had no place in our country, so people were getting into college with bad marks, with bad board scores. Not great students, and they'd get into college. And people with straight A's, with the highest boards, and everything else, couldn't get into colleges—certain colleges, the top colleges. And we won based on merit.
We now have a country—and we—I—frankly, I give a lot of credit to the Supreme Court on that one, because that was a tough one for them. But we won. We now have a country based on merit. That goes for colleges. You get the best—if you have the highest marks and the best boards and all the things that you need, you don't get on based on race, color, creed, thought, look, height. You get on by merit, and you get into colleges by merit, and you get into the military by merit.
So we had a military where we could not sign anybody. Before the election, November 5, you could not get anybody. They couldn't get them. They—we couldn't recruit people. Now recruitment has—went to—gone to an alltime high.
We've never had anything like it. And likewise, the soldiers, they are put in based on merit. Like, we'd like to have strong soldiers. I want my soldiers to be strong physically, and we have strong soldiers.
And when the bad guys see our soldiers out on the streets of Washington, and—you saw that, Jeff. You were saying—you said, "I never saw so many big, strong, good-looking people." And it's all based on merit. So our military has got merit-based—everything we do is merit-based. And we're not forced to take people that cannot do the job.
And I tell you what: That was not an easy decision to make, as you can understand, but that's the way our country grew. We grew based on merit. We didn't grow based on, you know, "You've got to have x, x, x, and x."
So I want to thank all of these people that have been so good, and I want to thank Jeff Landry, because you have been really—you've been a great Governor. Thank you, Jeff. I was very honored to have endorsed you. And you avoided primaries. You avoided runoffs. You avoided everything. And you deserve it.
Rob Bresnahan is here—Congressman who has been fantastic. Rob, wherever you may be.
Thank you, Rob. Thank you very much, Rob. Young, handsome guy. He could be up here someday. Who the hell knows? Right, Rob? [Laughter] He's got the look.
Along with the CEO of Intercontinental Exchange, Jeffrey Sprecher. My friend, Jeff. That means the New York Stock Exchange. That's another word for "New York Stock Exchange," and various other.
I said, "So you own the New York Stock Exchange." He said, "Yes." I said, "What else?" He said he owns numerous exchanges, and he—I was very proud to see them together today with Nasdaq. But Jeff is great, and he's married to a person who's doing a phenomenal job at the SBA—Small Business.
Nicki Minaj, who's so incredible.
They call it "small business," Nicki, but when you add it up, it's bigger than any bank, probably, in the world. Right? I don't know. It's—Larry, it's right up there. Small—it's not small business. But she's done fantastically, and I appreciate it.
The president, Lynn Martin.
Nasdaq, and chair and CEO, Adena is here.
So you have Lynn and you have Adena. And they fight each other a little bit. I don't know.
Do you fight? Where are you? Do you fight? Not too much, right?
New York Stock Exchange President Lynn Martin. [Inaudible]
The President. Boy, you've got—you've never gotten along so well. I think there will be no merger, however. I'm going to talk to Paul. [Laughter] Paul, don't let them merge, please. We need all the competition we can get. That's all we need. We get out of this a merger of Nasdaq and the New York—we will not allow that to happen. Right, Paul?
Also, president Nelson Griggs. You're here someplace, Nelson. Where are you? You've been great. Thank you. It's good to have you.
I love the scene of the four of them—the four of them, and the bell is right in the middle.
And I happened to be in that picture, but I got out because I wanted to have the picture of the four of them. Never—it never happened before.
We also have a woman that is so respected and so hot and so great and such a great friend of—I don't say conservative. I say of common sense. She's not conservative or liberal or, as they say now, progressive. Liberal became so tarnished, but now it's communist. You know, they say Social Democrats. No, Social Democrat is a Communist. All right? [Laughter] Just so you understand. There's no social.
If you look at the people that are running, it's crazy what they're doing. But we won't—we'll never let that happen to this country. Can't happen to the country. You can't have—there's no appetite for it, especially since we've literally now—you're going to see numbers coming out over the next 6 months, I think, that nobody will have ever seen before.
But she's a fantastic person, and she's a woman that's respected by everybody, and she's got real talent. Nicki Minaj. Nicki, stand up, please. She's such a great person, respected by everybody.
Today, 38 percent of Americans do not own stock, yet we have set 73 alltime records. It's now 82.
They're a little bit late with their notes.
With Trump Accounts, every newborn child will be invested in the stock market. So, they're going to be watching. I—they—you know, they'll be the next Larry Fink. They'll be the next chairman of Goldman Sachs. They'll take David's place. David will be very concerned about this. He's not going to like it. But they're going to be invested in our country. And it's going to be something.
Every newborn child will be in the stock market, and one day, you'll see what happens. And if we have good markets, if we have smart Presidents, if we have people that know what they're doing, like Scott and all of the people that are so—that work so hard, all of these child—children—so many of these children are going to be involved with the Trump Account. They're going to watch their account grow. They're going to watch the country grow. They're going to be reading the newspapers. They'll want to go to the financial pages.
But parents have to go to TrumpAccounts.gov. And many, many people are investing in this, and not for themselves. They're putting money in. As an example, Michael Dell and Susan Dell invested $6 billion 250 million. Think of it. Not everybody has to do quite that much.
And I'm going to wait a little period of time, then I'll see him again, and I'll say, "How about doubling it up?" I—you know. [Laughter] But—and he can do it too.
Amazing story. Started off making computers on his bed at a dorm. And I won't ask you which college—where's—where did you go to college?
Dell Technologies Chairman and Chief Executive Officer Michael S. Dell. University of Texas at Austin.
The President. Oh, that's a good one, huh? University of Texas. [Laughter] That's a good one. It's great. We love the State.
But I want to, really, give you a special shout-out because of what you've done. You—right from the beginning, they were involved with Brad. And you guys are very special. So I want to thank you and Susan.
I want to also tell you that Brad invested—is investing $250 to the accounts of all children under 5 in his home State of Indiana, and that 250 is going to grow very rapidly. That's going to be—that's a lot of money.
The head of Micron, a friend of mine, CEO Sanjay Mehrotra, who last week announced that Micron will be making a $250 million investment in the Trump Accounts.
And I didn't name that account. So it was a whole group of people got together. "What's the best name for it?" And they came to me, and I said, "What is it all about?" And as soon as I heard it, I said, "This is going to really work."
And it really has. We're setting records with it. And it's just really now opening. The complexity—and, Scott, you're going to get this open really fast. We've got to do that really, really fast. Get it. It's just about complete, and we had some tremendous people working on it. But made possible by the provisions that we put in the "Great Big Beautiful Bill."
And I made reference today that Australia has a thing going that's very good. It's really worked out very well. We have good respect for Australia, and that has to do with people that are working people, and it's something that also does—puts them in much better shape when they're retirement age. So we're going to do that. We're looking at that very strongly. We're going to be taking that, and we're going to be maybe making it a little bit sharper, a little bit even better. But we're going to be doing that.
And, Scott, you're working on that immediately, right? You and the whole group—Howard, everybody.
But already, more than 6 million Americans have signed up for Trump Accounts—and we've just started—many of which are receiving a one-time seed contribution of $1,000.
So these are children—in many cases, extremely poor children—and they're starting off with a thousand dollars. And then it goes up, and it comes out of the United States Treasury with contributions from parents, employees, churches, or generous Americans like these that we're gathered with.
We have so many people here that have contributed a lot of—a lot of money. And I just thought it would be so appropriate to have our first meeting at the Oval Office. It's a special—very special place. Nobody—no place—I've been in a lot of offices. There's no place like the Oval in terms of overall impact and everything that it represents. There's no place like it.
But the Trump Accounts could grow to hundreds of thousands of dollars by the time they reach 18 or 21, or they can leave the account and have it put into a different fund at a certain point in their life.
But hundreds of thousands of dollars by the time they turn 18. Think of that. You have a young child with no money, growing up in a rough area. And they turn 18, and they have hundreds of thousands of dollars. And we're going to help them when they get, because they can lose that hundreds of thousands of dollars very quickly if they're not careful.
So I also want to recognize all of the outstanding employers who have committed to making contributions toward the Trump Accounts, some of whom are here today. And in some cases, they are adding them to the employee benefit packages, including Uber, Wells Fargo, Goldman Sachs, Visa, Robinhood, Mastercard, Intel, IBM, AMD, Rusk Industries, and Steak 'n Shake. And many others are here, and—but many—too many to name. But it's really caught on. A lot of the big public companies are doing tremendous amounts of—they're taking care of all of the children of their employees.
Some are taking care of—Brad has picked up a large portion of the children in the State of Indiana. I didn't know he was that rich, Michael. You know, he's rich guy. I learned about Brad. You're a rich guy. That's a lot of children. Indiana. I won Indiana by 35 points, so I like it. We love Indiana. That's great what you're doing, Brad. But we're doing that. People are picking up States.
So, for years, Washington politicians have left our children with nothing but debt, nothing but problems. Now, with the help of so many of you here today, we're jump-starting financial freedom for young Americans and helping them to build the future they deserve. And also, there's tremendous—by the way, there's tremendous tax benefit to doing this.
You know, sometimes you don't like saying that because it's a nasty word, but there's tremendous tax benefit. And perhaps there's some people that are okay with that, but doesn't make any difference. There's a great tax benefit. And also for the children, there's a tremendous tax benefit. There is no tax. It's called—I don't know if we can complain. Ted, will anybody sue us because we're giving children a form of tax assistance? Do you think we'll be sued? Yes, I think so. Somebody will sue. They'll say, "You are giving advantage to a young person who just got a thousand dollars." But you never know, but I doubt it.
With us today is Kenzleigh Reed-Wynne, a rising sixth grader—very smart—and a budding entrepreneur. Perhaps the next Michael Dell. Where is Kenzleigh? Where are you, Kenzleigh?
Who's so—stand. Oh, look how beautiful. Good luck.
Do you think you'll be as rich as Michael Dell some—I think, yes. You'll be richer than Michael Dell, right?
[Kids Markets 2025 Scholarship winner Kenzleigh Reed-Wynne shrugged her shoulders.] [Laughter]
Congratulations, Kenzleigh. Thank you for being here, honey.
But Kenzleigh has been investing her earnings into a 401(k). By the way, 401(k)s are up, like, 49 percent in the last 7 or 8 months. And everybody likes me that has a 401(k) because it's the biggest rise—last year and a half, biggest rise in history. So, you know, a lot of people have become rich by having their 401(k).
And, Kenzleigh, thank you very much. I heard you're doing fantastically well investing your money into a 401(k). But now she'll be contributing to her very own Trump Account, and that's going to even be better.
So we're going to watch you all the way up. We're going to watch you go up that ladder, Kenzleigh. Okay? We'll be watching.
So, just in closing, it's so great to have you here, a place that we were never able to use because of the conditions of the soil, and now it's become the hottest place there is, probably in the country.
Every time we have an event at the Rose Garden, everyone just says, "Yes, we want to go." And you're going to love the food made by the military and the White House staff.
And it's an honor to have everybody, but I want to just thank—so many minds went into this. Not easy. And Scott is going to work overtime to get the final little touches done so it really kicks in even faster, because it's a—we're setting records. The numbers are incredible, but we want to get it finished so everyone can fill out their—and finalize their accounts, Scott—you and the people. But you've done a great job.
And, again, thank you all very much. Have a good lunch.
Should we put on a little music? Yes. This way you don't have to talk to each other. You just have to listen to music.
So we're going to put on a little music. The Trump playlist, okay? [Laughter] And we'll have a little fun.
Again, thank you all. This is really a very—I think a historic moment in a sense, but it's going to be really great.
Thank you very much, everybody. Thank you.
NOTE: The President spoke at 11:53 a.m. in the Rose Garden at the White House. In his remarks, he referred to David M. Solomon, chairman of the board and chief executive officer, the Goldman Sachs Group, Inc.; King Charles III of the United Kingdom; President Xi Jinping of China; Sen.
R. Edward "Ted" Cruz; Bradley T. Gerstner, founder and chief executive Officer, Altimeter Capital; Laurence D. Fink, cofounder, chairman, and chief executive officer, BlackRock Inc.; Gov. Sarah Huckabee Sanders of Arkansas; Mayor Muriel E. Bowser of Washington, DC; Gov. William B. Lee of Tennessee; Gov. Jay R. "J.B." Pritzker of Illinois; Mayor Brandon Johnson of Chicago, IL; Mayor Daniel Lurie of San Francisco, CA; Gov. Gavin C. Newsom of California; Gov. Kathleen C. Hochul of New York;, Administrator of the Small Business Administration Kelly L. Loeffler, wife of Jeffrey C. Sprecher, founder, chair, and chief executive officer, Intercontinental Exchange, Inc., the parent company of the New York Stock Exchange; musician Nicki Minaj; Adena T. Friedman, chair and chief executive officer, Nasdaq, Inc.; Nelson Griggs, president, Nasdaq, Inc.; and Secretary of Commerce Howard W. Lutnick.
Categories: Addresses and Remarks : Rose Garden Club lunch. Locations: Washington, DC.
Names: Atkins, Paul S.; Bessent, Scott K.H.; Biden, Joseph R., Jr.; Bowser, Muriel E.; Bresnahan, Rob; Charles III, King; Cruz, R. Edward "Ted"; Dell, Michael S.; Dell, Susan; Fink, Laurence D.; Friedman, Adena T.; Gerstner, Bradley T.; Greenwood, Lee; Griggs, Nelson; Hassett, Kevin A.; Hochul, Kathleen C.; Johnson, Brandon; Landry, Jeffrey M.; Lee, William B.; Loeffler, Kelly L.; Lurie, Daniel; Lutnick, Howard W.; Martin, Lynn; Mehrotra, Sanjay; Minaj, Nicki; Newsom, Gavin C.; Pritzker, Jay R. "J.B."; Reed-Wynne, Kenzleigh; Sanders, Sarah Huckabee; Solomon, David M.; Sprecher, Jeffrey C.; Xi Jinping.
Subjects: 2024 Presidential election; America's 250th birthday celebration; Arkansas, Governor; Border security; California, Governor; China, President; Crime rates; District of Columbia, law enforcement improvement efforts; District of Columbia, Mayor; Economic improvement; Illinois, Governor; Iran, U.S. military operations; Louisiana, Governor; Louisiana, law enforcement improvement efforts in New Orleans; National Economic Council; National Guard; New York, Governor; Rose Garden Club; Secretary of Commerce; Secretary of the Treasury; Small Business Administration; Stock market; Tennessee, Governor; Tennessee, law enforcement improvement efforts in Memphis; Trump Accounts, children's savings program; U.S. Securities and Exchange Commission; United Kingdom, King; Venezuela, relations with U.S.; Venezuela, U.S. military capture and exfiltration of President Maduro; White House Ballroom construction project; White House renovation projects.
DCPD Number: DCPD202600447.