U.S President Donald Trump hosted a grand Diwali celebration at the White House, lighting traditional lamps and praising Prime Minister Narendra Modi as 'a great person.' Trump said he spoke with Modi about trade relations and regional stability, including the Pakistan situation. The event brought together Indian-American leaders, diplomats, and community members to celebrate India’s festival of lights in the heart of Washington D.C.
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NewsTranscript
00:00Welcome to the White House as we celebrate Diwali.
00:04Warmest wishes to the people of India.
00:07I just spoke to your Prime Minister today.
00:09We had a great conversation.
00:11Light the Diyah as a symbol of faith in the victory of light over darkness.
00:17It's a beautiful term, light over darkness.
00:19That's what it's all about.
00:20It's knowledge over ignorance and good over evil.
00:24During Diwali, revelers recall ancient stories of enemies defeated,
00:29obstacles removed, and captives freed.
00:32The glow of the Diyah flame reminds us to seek the path of wisdom
00:37and to work with diligence and to always give thanks for our many blessings.
00:42What a group this is.
00:45This is the best.
00:51The best in the whole world.
00:55I'd be in the whole group, huh?
00:57What a wonderful culture and what a wonderful group of people.
01:02Thank you very much for coming.
01:03It's really nice.
01:04Come on, I'll slide over here.
01:11For the media, I will tell you, this is a serious group of people.
01:15That's right.
01:16That's great.
01:17Thank you very much.
01:18It says, seriously, the biggest business people anywhere in the world.
01:31So I think it's a great tribute.
01:33Whatever they're teaching you, they're teaching you well.
01:35Right?
01:36Yes.
01:36Thank you very much.
01:38You're welcome to the White House as we celebrate Diwali, because they said there has to be a very heavy emphasis on the V, Diwali, the beautiful Hindu festival of lights.
01:49And that's what it is.
01:50It's a great festival and it's amazing people.
01:52I'm pleased to be joined by the Director of the National Intelligence and a woman that's done a fantastic job, Tulsi Gabbard, whoever you may be, Tulsi.
02:03Hi, Tulsi.
02:04FBI Director Cash Patel, who's really hitting his stride.
02:08Cash, where's Cash?
02:09Right.
02:10He's hitting his stride.
02:11That's the way we like it.
02:12Assistant Attorney General Harmeet Dillon.
02:14Harmeet.
02:15Hi, Harmeet.
02:16And Pastor Paula White, she's been fantastic.
02:20She's been with us right from the beginning.
02:22We're greatly honored to be joined by the Indian Ambassador to the United States, Vinay Quattruth.
02:30And it's very nice.
02:31Can you pronounce it perfectly?
02:32Quattruth.
02:33Ah, that's right.
02:34Well, I wasn't too far away.
02:37And his wonderful wife.
02:38And thank you very much.
02:40It's a great honor to have you.
02:41As well as our new Ambassador to India, this is a nice, easy name, Sergio Gore.
02:46Congratulations, Sergio.
02:49You're going to do a fantastic job.
02:51And thanks as well to incredible Indian American business leaders.
02:55The biggest in the world, really, if you look.
02:57If you look at these companies, what they've done.
02:59The biggest in the world.
03:00CEO of IBM, Arvind Krishna.
03:04And Arvind, congratulations.
03:06I know you're working hard on a couple of jobs that I'm watching.
03:09And good luck with them, right?
03:11Good luck.
03:11It's amazing what you've done.
03:12Chairman and CEO of Adobe.
03:17And Adobe is big stuff.
03:19And that's Shantanu Narayan.
03:23Thank you very much, Shantanu.
03:24Nice to see you.
03:25Thank you very much.
03:27CEO of Micron Technology.
03:29We know what that is.
03:31Sanjay Marotta.
03:33Sanjay, nice to see you again.
03:35And CEO of Palo Alto Networks.
03:37Nikesh, Aurora, and I want to thank you very much for great success.
03:43It's a hell of a group of people.
03:45And in addition to that, we have a lot of other tremendously successful people gathered.
03:50On behalf of all Americans, let me also extend our warmest wishes to the people of India.
03:55I just spoke to your prime minister today.
03:58We had a great conversation.
04:00We talk about trade.
04:01We talk about a lot of things.
04:02But mostly the world of trade.
04:05He's very interested in that.
04:06Although we did talk a little while ago about let's have no wars with Pakistan.
04:11And I think the fact that trade was involved, I was able to talk about it that.
04:17And we have no war with Pakistan and India.
04:19That was a very, very good thing.
04:21But he's a great person.
04:23And he's become a great friend of mine over the years.
04:26In a few moments, we'll light the Diyah as a symbol of faith in the victory of light over darkness.
04:33It's a beautiful term, light over darkness.
04:35That's what it's all about.
04:37It's knowledge over ignorance and good over evil.
04:42During Diwali, revelers recall ancient stories of enemies defeated, obstacles removed, and captives freed.
04:49The glow of the Diyah flame reminds us to seek the path of wisdom and to work with diligence and to always give thanks for our many blessings.
04:59And we do have many blessings.
05:00Everybody in this room has many blessings.
05:02And even the, I will say, I'm not going to use the word fake news.
05:07I refuse to use it.
05:07Media has some good blessings.
05:12One of the blessings is that you didn't have to stand in the mud outside anymore.
05:15You now have a beautiful stone surface, the identical color of the White House.
05:20For years, they had to stand, when we had the first conference, in the mud because it was grass.
05:24And I decided to take care of that.
05:27So I think they appreciate it.
05:29As we look back in the past year, and really look up to the next number of years, and hopefully decades and centuries, we've had much to be thankful for.
05:40And think of it, a year ago, we were a dead country.
05:43This country was a dead country.
05:46And now we're the hottest country anywhere in the world.
05:48These guys can testify to that because I know this.
05:51I watched their stock prices, and they're like rocket ships, right?
05:54Do they ever stop?
05:55Let's keep it that way.
05:56Let's not talk about it, right?
05:58Let's just keep it that way.
05:59It's amazing.
06:00We have more than $17 trillion here, part of the reason, more than $17 trillion of investment pouring into the United States.
06:08It's going to be, I believe, over $20 trillion by the time the year's up.
06:13And as an example, the last administration, less than a trillion dollars in a period of their four-year period, they had less than a trillion.
06:22We're going to have $20 trillion.
06:24We have over $17 trillion already.
06:27That's investment coming in.
06:29And I think it's largely for two reasons.
06:31We had a good election on November 5th.
06:33But maybe more importantly, of course, it wouldn't happen if that election result didn't happen.
06:38And I think much more importantly, we have tariffs that you build in the United States, you don't have a tariff to pay.
06:43You build outside, and you have to pay a tariff.
06:45And we're taking in money at a level that no other country has ever seen.
06:50There's never been a country, I don't think, fellas, you agree with that?
06:52There's never been a country with an investment in less than a year, actually to be exact, less than nine months, of $17 trillion, right?
07:02And I know you're all doing, you're all participating, aren't you, huh?
07:06So that's really good stuff.
07:09The economy is roaring, the incomes are rising, and small business confidence is at the highest level in over a decade.
07:15So the confidence levels, which they do, which means something, they think over the last 10 years, I don't think they go beyond that.
07:23We have the highest level of confidence in our economy.
07:27Gasoline prices are way down.
07:30Grocery prices are way down.
07:32Energy prices are way down.
07:34Mortgage rates are down.
07:35We have a real stiff at the Federal Reserve.
07:38I can't help that.
07:38But he's going to be leaving soon.
07:41And inflation has been defeated.
07:43But even though his rates are too high, the economy has been amazing.
07:50Our border is secure, totally secure.
07:52We had nobody, zero, nobody in the last four months coming through illegally, which is actually hard to believe because, you know, they give me those numbers.
08:00But essentially it would be just about nobody.
08:03They actually say zero.
08:05That's actually hard to believe you have zero when you had millions pouring across a year and a half ago, two years ago.
08:12But they actually, we have it down to practically nobody.
08:14And they are coming in, but they're coming in legally.
08:17And we're forging peace all over the world.
08:20We're putting America first.
08:21We're getting everybody to sort of get along.
08:24And I just got a call from the Middle East.
08:27We're doing very well there.
08:28We have many, many countries, as you know, signed on to peace in the Middle East.
08:32And nobody thought they'd ever see that happening.
08:36The Hamas situation where they're pretty violent people, I would say, that we could put that out in two minutes.
08:44We're giving them a chance.
08:45You know, they agreed that they'd be very good, very straight.
08:52They wouldn't be killing people, and they have killed people.
08:55That wasn't the deal we made.
08:56But if they don't honor the deal, they'll be taken care of very quickly.
09:02But I'd rather not have to do that.
09:04But we have total peace in the Middle East.
09:06We have levels of friendship with everybody.
09:09And countries that hated each other now love each other.
09:13Nobody ever saw anything like it.
09:15I think you guys are pretty surprised over here, right?
09:17Or me, you're surprised.
09:19But a lot of people are surprised.
09:20Are you going to surprise peace in the Middle East?
09:22You've been hearing about it for as long as you've been alive.
09:26And it's been a lot longer than that.
09:28You're still pretty young.
09:30But we have peace in the Middle East.
09:32And so, as we light the idea, we look forward to a new year and a greater peace and a greater everything for all of us that we want.
09:41Cash, would you say a few words?
09:43Because you've done a fantastic job.
09:44Well, thank you, Mr. President.
09:45It's an honor to be a first-generation Indian American whose parents lofty immigrated to this country.
09:51And under your leadership, so many more millions of Americans are living that dream.
09:54And to celebrate it here in the Oval Office on Diwali, which you said, rightfully so, is a triumph of good over evil, is just an incredible honor.
10:01It's incredibly humbling.
10:02And Indian Americans around the world and Indians around the world are thrilled that you are such a profound leader in sharing this diversity with the world.
10:11And we can't thank you enough.
10:12And happy Diwali.
10:13Good.
10:13Well, thank you.
10:14And congratulations on everything.
10:15And how about a great company, IBM?
10:18He's taken this company from?
10:20It was a little troubled, as I remember, a few years ago, like 10 years ago, to being one of the hottest companies anywhere in the world.
10:27Arvind, could you say a few words?
10:28Thank you, Mr. President.
10:30In the spirit of Diwali, we should also acknowledge all that the President and the Administration is doing to really boost technology, innovation, and that leading to economic growth.
10:41I want to point out, people forget often how much public and private partnerships in the United States have mattered to boost technology.
10:48You look at semiconductors, you look at space, you look at the Internet, mobile, and hopefully quantum down the road.
10:54So, Mr. President, I'd like to thank you for all that you're doing to boost our technology leadership.
10:59Well, you have done amazingly, and I just think it's incredible.
11:02I know exactly what you've been through, because it was a troubled company until you came along, and you made it very untroubled.
11:09You made it a rocket ship, so I congratulate you.
11:12Thank you, Arvind, very much.
11:14We have a very, very great company, Adobe and Nishante.
11:20Could you say maybe a few words, please?
11:22Sure. Thank you, Mr. President, and first, it's such an honor to be here in the Oval Office and to celebrate Diwali,
11:29which for all of us growing up, as you pointed out, was the victory over triumph over evil, light over darkness.
11:37I think what you're doing, Mr. President, to have peace and prosperity and investment in this country is just amazing.
11:44And as a company, I think hopefully everybody here is using Photoshop in order to, you know, take all these pictures.
11:51But I would really like to thank you for your leadership, and we will continue to invest in the U.S. to make sure that we continue to drive in addition.
12:00And your investment's been very long.
12:02So how much have you invested, and do you plan to invest in the U.S.?
12:05As far as our investment is concerned, it's all intellectual property, it's people, so we make everything here, so that's the software.
12:11That's good.
12:12And so we're a $20 billion revenue company now, one of the largest software companies in the world, and headquarters is Silicon Valley.
12:19So thank you.
12:20Fantastic job.
12:21How much are you investing in IBM?
12:23$150 billion over the next five years.
12:25$150 billion?
12:27That's good.
12:27Micron's doing pretty good.
12:30How's Micron doing?
12:31Okay.
12:32Mr. President, really a great honor to be here today celebrating Diwali with these excellent peers of ours from the tech industry.
12:41And Diwali stands for Light, Hope, Renewal, and the United States is light to the rest of the world.
12:48And particularly on the renewal piece, I just want to really applaud you and your team in terms of bringing,
12:55Lensans is semi-collector manufacturing here to the U.S.
12:59So Micron is investing $200 billion, $250 billion, $200 billion in leading-edge memory manufacturing.
13:08And in the course of the next few years, we'll have 40% of our manufacturing here in the U.S.
13:14And this will add, over the course of years, 90,000 jobs and $1.5 trillion impact to the economy.
13:22So we are very thankful to the support that we get from your team and Mr. President and from you in terms of bringing memory here to the U.S.
13:31And memory is key with AI today, right?
13:34Yeah.
13:34You always talk about memory.
13:36I have a good memory.
13:38Those machines have a better memory, right?
13:40No matter what you do.
13:41Absolutely.
13:42That's fantastic.
13:43Really fantastic.
13:44The cashier at Palo Alto is a hot one.
13:49And tell me about that.
13:51Go ahead, please.
13:52Mr. President, thank you for having me here.
13:54It's a pleasure and honor to be celebrating at Diwali with you.
13:57As my colleagues have said, this is a triumph of good over evil and prosperity and what you've done the last nine months in terms of making the United States one of the most business-friendly administrations.
14:09And allowing us all our opportunity to invest, not just in technology but in our people, it's just amazing.
14:16We are now the largest cybersecurity company in the world.
14:18And we just recently-
14:19Oh, that's good.
14:20We just recently spent $25 billion in sourcing technology.
14:24So all cyber security is made in the United States.
14:27We believe that the next passion in the world is going to be cyber war.
14:31And we just want to make sure we are prepared as a country and really show off our companies and our critical infrastructure.
14:37Fantastic.
14:37Yeah.
14:38It's amazing what you've done.
14:39And all of these people, to me, they mean two things.
14:43Big investment.
14:44But the big investment I like because of jobs.
14:46It's a tremendous number of jobs that they've produced.
14:50Would you say a couple of things about your great company, please?
14:53Thank you, Mr. President.
14:55I'm with Stone Point Capital Private Equity, which I'm sure you know.
14:59And we just raised a new $11.5 billion fund.
15:03And we obviously invest very heavily in financial services technology.
15:09And so it's actually an honor to be here in the Oval Office with you.
15:14And as a fellow Winkwood member, too, it's always a pleasure to be with you.
15:19And I've got to tell you, you're the best president that I've ever seen.
15:24And we're so proud of you.
15:25Thank you, man.
15:26I'm glad I asked him to say that.
15:29Would you like to say something about a great job you're doing?
15:33Right here.
15:34Anybody back here?
15:35These are all incredible people that everybody looks in the business world.
15:40Everybody looks up to them.
15:41Please, go ahead.
15:43Would you like to say something?
15:44Thank you for your leadership.
15:47I love this.
15:50I didn't ask him.
15:51I'm running a tech business for 20 years.
15:54Yes, big bench products on the AI and mission lending.
15:57Thank you, Mr. President.
15:58And it's going great, right?
16:00Yes.
16:00Good.
16:01How about over here?
16:02We have some very unshy people.
16:05How about saying a few words?
16:06Well, thank you, Mr. President.
16:07It's a tremendous honor to have supported you three times and been part of your administration.
16:12And on this day of Diwali, I say on behalf of the United States Department of Justice that the message of the triumph of good over evil and knowledge over ignorance and justice over injustice is something that your administration is personifying.
16:28And it's a tremendous honor to be part of it.
16:31And thank you very much for including us here today.
16:32And you're at the DOJ and doing a fantastic job.
16:35Thank you, sir.
16:36That's great.
16:36She's doing a good job, can I share it?
16:38She's doing a good job.
16:39And Chelsea, we know, is doing a good job.
16:40What do you think, Chelsea?
16:41Yes, sir.
16:42Thank you very much.
16:43You are doing today what you have done throughout your time in service is bringing people together from all across the country in all different backgrounds.
16:51And this day is, of course, very special to so many of us because while it is the celebration of hope and light and renewal, we can never forget that the source of that hope, light, and renewal comes from God's love for every single one of us.
17:08And so today we celebrate God, his love, and the blessings that he has shared with all of us.
17:14Well, fantastic.
17:15Thank you all very much.
17:16Anybody like to say anything?
17:18Would you like to say something?
17:19Please.
17:19Mr. President, let me start, first of all, by expressing a deep sense of gratitude for opening up White House, Oval Office, your home, to Mark Diwali's Festival of Lights, which is celebrated by over one-fifth of humanity.
17:39And as Cash said, you are showcasing the strength of diversity through this celebration.
17:45So it's truly a great honor.
17:48Thank you very much for that.
17:50May I also, on behalf of my Prime Minister and my own behalf, wish you and your loved one very, very happy Diwali greetings, particularly to over 5 million strong Indian diaspora in the U.S.
18:04And may I close by making a wish, which is not only we do for Diwali.
18:08We wish that the light of Diwali continues to shine on your success and on the strength of the entire U.S. population.
18:16Thank you very much.
18:18I spoke to him today.
18:20He's doing well.
18:21And your country is doing very well.
18:23Do you know that?
18:23Thank you, Mr. President.
18:24So we're supposed to light something, but I thought maybe because he's had such an outstanding year, I'm going to ask Arvind to maybe do the honors.
18:32Can you handle it for me, Arvind?
18:33I think you might do a better job than me.
18:36So if you could take care of that, it would be great.
18:39Well, he's doing a good job.
19:05I didn't know you were supposed to do that.
19:09I'm glad I asked you to do that.
19:16Would you like to come to the light one?
19:17Yes, if you want.
19:35Thank you, Mr. President.
19:40Thank you, all.
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