00:00So we'll deal by telephone, and they can call us anytime they want.
00:05Again, we have all the cards.
00:06They have no military left, practically.
00:08They have no leaders left.
00:09We don't know who the leaders are.
00:12Nobody knows who the leaders are.
00:13I don't think they know who the leaders are, very importantly.
00:15So you saw that.
00:17And any other questions?
00:19Yes, sir.
00:19What have you heard from Pakistan?
00:21The Iran's foreign minister was in Pakistan yesterday night.
00:25I think Pakistan is terrific.
00:27I think the field marshal is fantastic.
00:29I think the prime minister of Pakistan is great.
00:32And they'd like to see something happen.
00:35But we're not going to be traveling 15, 16 hours to have a meeting with people that nobody
00:41ever heard of before.
00:42What changed to make you make that decision?
00:44Too much travel.
00:45When they say the meeting's scheduled for Tuesday, I said, Tuesday?
00:49That's a long time from now.
00:50But when you get right down to it, it's a lot of traveling.
00:53No, we don't want to do that.
00:54What point do you send Whitcoff and Kushner and send Vice President Vance in?
00:58What point are you going to be ready?
00:59They're all very competent.
01:00All three.
01:01Those are three.
01:02Good.
01:02But they weren't meeting with the leader of the country.
01:06They were meeting with other people.
01:08And I said, we're just not going to do it.
01:10Too much traveling takes too long.
01:12Too expensive.
01:13I'm a very cost-conscious person.
01:14Mr. President, you said this week that you're not a fan of prediction markets and that they're
01:19turning the country into a casino.
01:21But at the same time, you're not a fan of prediction markets.
01:23Did you say I'm not?
01:23That you're not a fan of prediction markets.
01:25Well, I don't know.
01:25I know some people that are very smart.
01:27They like it.
01:27They disagree.
01:28But they like it.
01:29But what would you like to know?
01:31Who are you with?
01:32I'm with Decrypt, a crypto-focused publication, and we also have a prediction market.
01:36And your administration is aggressively pushing to legalize these markets.
01:41And I was wondering if you potentially wanted to reconsider that policy?
01:45A lot of other countries are doing it.
01:46And when the other countries do it, we get left out in the cold if we don't do it.
01:51But I know people that are in the prediction market business, and they're pretty on the
01:55Also, on the subject of crypto, what made you decide to go and attend this meme coin conference
02:00today?
02:00It's a big industry, and we want to beat China at the industry.
02:04We're leading with crypto.
02:05We're leading with AI.
02:07And I really feel I have an obligation from the Senate.
02:10As a president, I have to be able to make sure that all of our industries do well.
02:15Crypto is a big industry.
02:17It's become — actually become somewhat mainstream.
02:19The banks have it.
02:21People have it.
02:22And I think as the leader of the country, we want to lead in AI.
02:26We want — and we're leading China by a lot in AI.
02:29And we're also leading in crypto.
02:31Do you agree with the — do you agree with the decision by Jeanine Pirro to drop the investigation
02:35into Jerome Powell?
02:37Well, I want to find out — you know, it's not dropped.
02:39They're looking into the whole thing about the —
02:41Refer to the IG.
02:41What I want to look — what I want to look at — yeah, with the IG — what I
02:45want to look at is,
02:46how can a building that I could have done for $25 million cost $4 billion?
02:51That's a big thing.
02:52And he was in charge.
02:54So we'll get to the bottom of it.
02:55Yeah, I think — Jeanine is fantastic.
02:58And she worked with other people on that.
03:00I tell you, I want to find out — I have an obligation to find out — this was done
03:06during Biden, but I have an obligation to find out — how does it — I would have done that
03:10building
03:10for $25 million, had money left over, and it would have been open a long time ago.
03:15You are her people.
03:16I want to find out — because for the country — look, we have a railroad under construction
03:23in California. That's the worst thing I've ever seen under Gavin Newsom.
03:28And I want to find out why that one is costing 20 times what it was projected to cost.
03:34Likewise, the Fed building is a small — I built a hotel in Washington. It's a Waldorf Astoria.
03:40I built it for $201 million. And I believe it's bigger than
03:45than the Fed building. Add your bathrooms. You have a lot of — you know, it's much tougher,
03:51much more expensive to build a hotel than an office.
03:54I want to find out, how can a building of that size cost for whatever it's going to be?
04:00Nobody knows, by the way, what it's going to be. Kevin is going to be fantastic. Kevin Walsh.
04:05He may never get to be in that building.
04:08Is it smooth sailing for him now? Will Telus drop his rock?
04:11I would imagine it's smooth, but whether it is or not,
04:14somebody has to find out why that building that should have cost 25 million is costing
04:21billions of dollars. And you know why they have to find it out? For other buildings,
04:25because that's not the only one. I think that's the most egregious example.
04:30On Iran, as you're figuring out who is in charge, if the hardliners or IRGC-aligned leaders have
04:37greater power in Iran, can the U.S. make a deal with those factors?
04:40Whoever's running the show. Deal with whoever runs the show. They don't know. They are fighting
04:47with each other. It is tremendous infighting. They're probably fighting for leadership. In
04:52many cases, I think they're fighting not to be the leader, because we knocked out two levels of
04:58leaders. But I'll deal with whoever we have to. But there's no reason to wait two days, have people
05:04traveling for 16, 17 hours. We're not doing it that way. We'll do it. When they want,
05:11they can call me. We have all the cards. We've won everything. We have all the cards.
05:15Yesterday, you said to Reuters that we're dealing with who is in charge now. What changed from
05:19yesterday to today?
05:21Nothing. It's just that they gave us a paper that should have been better. And interestingly,
05:27immediately, when I canceled it, within 10 minutes, we got a new paper that was much better.
05:33What was on that paper, sir?
05:35What was on that paper, sir?
05:35We talked about, we talked about they will not have a nuclear weapon. Very simple.
05:40Look, that whole deal is not complicated. Iran cannot have a nuclear weapon. Very simple.
05:46The ceasefire remaining? Will you continue the ceasefire?
05:49I haven't even thought about it yet.
05:51Did they offer anything in return to 20 years of suspending enriched uranium?
05:55They offered a lot.
05:56What did they offer?
05:57They offered a lot, but not enough. Thank you.
05:58Will Kevin Walsh be Fed Chair in May, do you think?
06:02Thank you, Mr. President.
06:04All right. You guys step out?
06:25.
06:26.
06:26.
06:26.
06:26.
06:26.
06:27.
06:27.
06:28.
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