00:00We're reporting that the President wants to meet David Solomon of Goldman Sachs today.
00:03Can you say what they'll discuss, anything in that meeting?
00:06I won't discuss the President's private meetings from this podium,
00:09and it hasn't taken place yet unless he gives me liberty to do so.
00:11And finally, have you talked to the President about his position on the stock trading ban bill before Congress?
00:18He obviously had pretty loaded comments about Senator Hawley.
00:21There's some reporting that he's since spoken.
00:23What is his position on the current status of that bill?
00:25The President has spoken to Senator Hawley, who called him, and the President took that call.
00:30As the President said in the Roosevelt Room yesterday,
00:32conceptually he of course supports the idea of ensuring that members of Congress and United States senators
00:39who are here for public service cannot enrich themselves.
00:42And the reason that this idea to put a ban on stock trading for members of Congress is even a thing
00:49is because of Nancy Pelosi.
00:51I mean, she is rightfully criticized because she makes, I think, $174,000 a year,
00:57yet she has a net worth of approximately $413 million.
01:01In 2024, Nancy Pelosi's stock portfolio, this was a fascinating statistic to me,
01:07grew 70% in one year in 2024.
01:11And her portfolio outperformed every single large hedge fund in that same year,
01:16and even more than doubled the returns of Warren Buffett's Berkshire Hathaway.
01:21So I think the President stands with the American people on this.
01:23He doesn't want to see people like Nancy Pelosi enriching themselves off of public service
01:27and ripping off their constituents in the process.
01:29As for the mechanics of the legislation and how it will move forward,
01:32the White House continues to be in discussions with our friends on Capitol Hill.
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