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  • BEEN YOU MUST DIVEST YOURSELF,

  • DISTANCING YOURSELF OR HAVING A

  • ARM'S LENGTH RELATIONSHIP TO

  • YOUR MANY BUSINESS ENTANGLE

  • ENTANGLEMENTS, NOT GOOD.

  • FEDERAL LAW DOES NOT REQUIRE HIM

  • TO DO THAT BUT HE WILL DO IT

  • NONETHELESS.

  • THE PROOF IS IN THE UNDERLYING

  • DOCUMENTS.

  • THAT MIGHT BE WHAT THESE

  • DOCUMENTS ARE ABOUT.

  • THESE MIGHT BE DOCUMENTS OF

  • SIGNE

  • SIGNE

  • SIGNE

  • SIGNED DIVESTITURES.

  • BUT THAT IS THE KEY WORD.

  • NOT DISTANCING YOURSELF, NOT

  • ARM'S LENGTH, NOT LETTING YOUR

  • CHILDREN IN THE FAMILY DEALING

  • WITH IT.

  • THOSE ISSUES.

  • >> PART OF IT IS I ASSUME WILL

  • HAPPEN TO THE CHILDREN, WILL

  • THERE BE A CONTINUING ROLE FOR

  • HIS CHILDREN.

  • >> WILL THERE BE A CONTINUING

  • ROLE FOR HIS CHILDREN AND HOW

  • WILL IT AFFECT JAROD KUSHNER HIS

  • SON IS LAW WHO IS GOING TO HAVE

  • A POSITION IN THE WHITE HOUSE.

  • HOW DOES HE DIVEST HIMSELF AND

  • HOW IT RELATES TO HIS WIFE,

  • IVANKA, DAUGHTER OF

  • PRESIDENT-ELECT TRUMP.

  • ALL OF THESE THINGS HAVE YET TO

  • BE RESOLVED.

  • AND THAT MIGHT BE A PART OF THE

  • PRESENTATION TODAY.

  • AND AS YOU POINTED OUT, THAT WAS

  • THE ORIGINAL CONCEPT OF THE

  • PRESS CONFERENCE FROM THE

  • BEGINNING.

  • IT WAS SCHEDULED FOR MED

  • DECEMBER AND THEN BECAUSE THE

  • DEAL ENTANGLEMENTS WERE SO

  • DIFFICULT TO RESOLVE, THEY

  • WANTED TO TAKE MORE TIME.

  • I WAS TOLD LAST NIGHT BY A

  • SENIOR TRUMP TRANSITION OFFICIAL

  • IT HAD NOT BEEN FULLY LAWYERED

  • EVEN AS LATE AS 11:30 LAST

  • NIGHT.

  • THEY WERE STILL WORKING OUT THE

  • FINAL DETAILS AND THEY MAY HAVE

  • IN FACT BEEN WORKED OUT AND THE

  • PRODUCT OF THAT WORKING OUT

  • MIGHT BE THERE.

  • BUT I DO KNOW AND CAN REPORT

  • AUTHORITATIVELY, THIS WAS --

  • THESE WERE EFFORTS GOING ON ALL

  • THE WAY UP INTO LATE LAST NIGHT.

  • >> HOW LONG DO WE EXPECT THE

  • PRESS CONFERENCE TO GO ON?

  • IS IT GOING TO BE OPEN ENDED OR

  • HAVE THEY SET LIMITS ON IT?

  • >> WE HAVE RECEIVED NO

  • INFORMATION AND NO LIMITS, NO

  • SUGGESTION OF HOW MANY QUESTIONS

  • WILL BE TAKEN, HOW MANY

  • FOLLOW-UPS WILL BE GRANTED, WHAT

  • THE PRESIDENT-ELECT IS WILLING

  • TO TALK ABOUT, WHAT HE IS

  • OVERALL COMPORTMENT OF LENGTH OF

  • THE PRESS KOCCONFERENCE IS GOINO

  • BE.

  • I CAN TELL YOU HAVING DONE A LOT

  • OF THE PRESS CONFERENCES DURING

  • THE CAMPAIGN, THEY WERE WIDE

  • RANGING, COVER 30, 35, 40

  • MINUTES AND HE WOULD TAKE A LOT

  • OF QUESTIONS.

  • SOME REPORTERS THAT HE WOULD

  • CALL ON AGAIN AND AGAIN.

  • I WAS FORTUNATE TO BE IN THAT

  • SITUATION.

  • WE DON'T KNOW HOW HE'S GOING TO

  • APPROACH THAT AS

  • PRESIDENT-ELECT.

  • IF HE'S GOING TO BE ANY

  • DIFFERENT.

  • >> IT IS INTERESTING HOW THAT

  • PRESS CONFERENCE HAS CHANGED.

  • IT WAS SUPPOSED TO BE ABOUT

  • BUSINESS AND WITHIN THE LAST 24

  • HOURS THE TONE AND THE TENOR HAS

  • CHANGED.

  • WHAT IS THE MAIN QUESTION IN THE

  • ROOM RIGHT NOW GIVEN THESE

  • LATEST DEVELOPMENTS?

  • >> THE EARLY QUESTIONS WILL BE

  • WHAT DO YOU WANT TO TELL THE

  • COUNTRY ABOUT THESE ALLEGATIONS.

  • WHAT IS YOUR ORIENTATION TO WHAT

  • YOU WERE TOLD, DO YOU BELIEVE

  • IT, DO YOU NOT BELIEVE IT.

  • AND WHAT ARE YOU WILLING TO SAY

  • ON YOUR BEHALF ABOUT WHAT YOU

  • HAVE DONE AND WHAT YOU WILL DO

  • WITH RUSSIA AND CAN YOU

  • PERSUASIVELY EXPLAIN TO THE

  • AMERICAN PUBLIC WHY THIS ISSUE

  • OUGHT NOT TO CLOUD

  • INTERPRETATIONS OF WHATEVER YOUR

  • POLICY IS WITH RUSSIA AND CAN

  • YOU MAKE A CLEAN BREAK FROM YOUR

  • OWN PAST.

  • DO YOU NEED TO MAKE A CLEAN

  • BREAK FROM YOUR OWN PAST.

  • I THINK THOSE ARE ISSUES THAT

  • ARE GOING TO COME RIGHT OUT THE

  • FRONT OF THE PRESS CONFERENCE.

  • BUT THERE ARE A GREAT NUMBER OF

  • QUESTIONS ABOUT GOVERNING.

  • WE'VE HAD NO OPPORTUNITY TO ASK

  • THE PRESIDENT-ELECT ABOUT

  • ANYTHING REGARDING HIS DOMESTIC

  • POLICY AGENDA, WHAT ARE HIS TIME

  • LINES FOR THE REPEAL OF THE

  • AFFORDABLE CARE ACT, TAX

  • REFORMS, SUPREME COURT NOMINEE,

  • CABINET APPOINTMENTS.

  • ALL OF THESE THINGS ARE FRESH

  • TERRAIN.

  • IF THIS IS A LONG RUNNING PRESS

  • CONFERENCE, HE'LL GET A CHANCE

  • TO TAKE QUESTIONS ON ALL OF

  • THOSE THINGS.

  • >> WHAT DO YOU THINK ARE SOME OF

  • THE CENTRAL QUESTIONS FOR THE

  • PRESIDENT-ELECT?

  • >> WELL, LET'S GO BACK TO THE

  • FINANCIAL DEALINGS.

  • HE CAN DECLARE A LOT OF THINGS

  • BUT WHAT'S THE PROOF.

  • IS HE GOING TO PROVIDE HIS TAX

  • RETURNS SO PEOPLE CAN CHECK THE

  • MATH.

  • SECONDARILY, WE HAD A BIG

  • CONVERSATION IN THE CAMPAIGN

  • ABOUT THE FUZZDY WALL BETWEEN

  • HILLARY CLINTON OF SECRETARY OF

  • STATE AND THE CLINTON

  • FOUNDATION.

  • WHAT'S DONALD TRUMP GOING TO DO

  • ABOUT THAT.

  • HE'S STILL GOT A FAMILY THAT HAS

  • CONTROL OVER ALL OF THOSE

  • THINGS.

  • WHAT KIND OF WALL IS HE GOING TO

  • BUILD.

  • WHAT KIND OF DISCLOSURES IS HE

  • GOING TO HAVE TO MAKE AUTOMATIC

  • WHEN THOSE COUNTRIES HAVE

  • BUSINESS WITH THE UNITED STATES

  • OR WHEN PEOPLE DO BUSINESS WITH

  • THE TRUMP DPACOMPANIES AS A WAY

  • INFLUENCE THE GOVERNMENT OF THE

  • UNITED STATES.

  • DONALD TRUMP HAS PROMISED TO

  • CHANGE THE WAY THINGS WORK IN

  • WASHINGTON.

  • YOU WOULD EXPECT HE MIGHT HAVE

  • SOMETHING TO SAY ABOUT THAT.

  • >> AND THE CAMPAIGN PROMISES, IN

  • TERMS OF WHAT IS THE WALL GOING

  • TO BE LIKE, WHAT WILL BE THE

  • IMMIGRATION POLICY.

  • I'M FASCINATED BY THE QUESTION,

  • HIS RELUCTANCE TO TALK ABOUT

  • PUTIN AND HIS RELATIONSHIP AND

  • WHATEVER THESE DISCLOSURES MAY

  • BE AND WHETHER THEY HAVE ANY

  • SUBSTANCE.

  • >> THERE'S THAT AND HE'S NEVER

  • CONDEMNED THE RUSSIANS FOR

  • MEDDLING IN THE U.S. ELECTION.

  • RIN

  • IF THAT'S THE CASE, WHAT DOES

  • THAT MEAN, THAT RUSSIANS ARE

  • ONGOING IN THEIR REPORTS TO

  • DESTABILIZE AMERICAN

  • INSTITUTIONS.

  • WHAT IS HE GOING TO DO TO STOP

  • THEM.

  • HE HASN'T CONDEMNED THEM YET.

  • >> AND NOT JUST AMERICAN

  • INSTITUTIONS, THE GERMAN

  • GOVERNMENTS, OTHER GOVERNMENTS.

  • >> WHAT WOULD BE THE

  • DISADVANTAGE WHEN YOU'RE ABOUT

  • TO WALK INTO THE OVAL OFFICE TO

  • SENDING A STRONG MESSAGE TO

  • RUSSIA WHO HAS A NUMBER OF

  • FOREIGN POLICY EXPERTS, WHO IS

  • NOT OUR FRIEND.

  • >> IF YOU CHANNEL DONALD TRUMP

  • FOR A MOMENT, THE

  • DISADVANTAGE -- OR THE ADVANTAGE

  • YOU KEEP THEM GUESSING, CREATE A

  • BETTER RELATIONSHIP.

  • COUNTER BALANCE AGAINST CHINA.

  • THOSE WOULD BE SOME.

  • >> AT THE SAME TIME THE PRESS

  • CONFERENCE IS GOING ON, ON

  • CAPITOL HILL THERE ARE

  • CONFIRMATION HEARINGS FOR HIS

  • NOMINEE TO BE SECRETARY OF

  • STATE.

  • >> AND HE'S ANSWERED THEM, REX

  • TILLER SORN HAS BEEN STRONG ON

  • RUSSIA, STRONG ON NATO.

  • SAYING THE KINDS OF THINGS THAT

  • PEOPLE IN REPUBLICAN CIRCLES

  • HAVE WANTED DONALD TRUMP TO SAY.

  • >> CLEARLY LAYING OUT THE THREAT

  • FROM RUSSIA AS HE SEES IT?

  • >> IT IS A REAL THREAT.

  • THAT RUSSIA IS NOT A COUNTRY

  • WITH WHICH RUSSIA CAN BE PALS.

  • >> DONALD TRUMP'S ADVISERS HAVE

  • JUST ENTERED THE ROOM.

  • WE JUST SAW JAROD KUSHNER.

  • >> SCHEDULED TO BE SENIOR

  • ADVISER.

  • >> HE'S JUST ENTERED THE ROOM

  • AND GONE TO THE FRONT ROW.

  • STEVE BANNON HAS ENTERED THE

  • ROOM.

  • MAJOR GARRETT, WHAT CAN YOU TELL

  • US ABOUT WHAT YOU'RE SEEING?

  • >> THIS IS STANDING ROOM ONLY AS

  • TRUMP TOWER'S LOBBY CAN

  • ACCOMMO

  • ACCOMMODATE.

  • THERE IS NOT ROOM FOR ONE OTHER

  • HUMAN BEING IN THE LOBBY.

  • IF YOU HAVE ANY KIND OF ISSUES

  • WITH CLAST P CLAUSTROPHOBIA, THT

  • WHERE YOU WANT TO BE.

  • STEVE BANNON, KELLY ANNE CONWAY

  • AND JAROD KUSHNER, RUDY

  • GIULIANI.

  • ALL OF THOSE WERE TALKED ASBOUT

  • DURING THE TRANSITION AND NONE

  • OF THEM WORKED OUT.

  • RUDY GIULIANI WAS ON THE OUTS

  • BUT HE IS VERY MUCH BACK IN THE

  • INNER CIRCLE, AN ADVISER, PART

  • OF AN EMERGING KITCHEN CABINET

  • THAT WILL INCLUND CURRENT NEW

  • JERSEY GOVERNOR CHRIS CHRISTIE

  • WHO HAD A FALLING OUT DURING THE

  • TRANSITION WITH PRESIDENT-ELECT

  • TRUMP.

  • THESE FALLING OUTS ARE TEMPORARY

  • AND THEY CAN BE RE-EVALUATED AND

  • I'M TOLD AUTHORITATIVELY BOTH

  • HAVE.

  • CHRISTIE AND GIULIANI ARE BACK

  • IN THE INNER CIRCLE ADVISING

  • PRESIDENT-ELECT TRUMP ON AN

  • INFORMAL BASIS.

  • AND RUBY GIULIANI'S PRESENCE

  • HERE IS SIGNIFICANT OF THAT

  • MOVING BACK INTO THE TRUMP WORLD

  • AND IN A SIGNIFICANT WAY.

  • >> ANY TALK OF A SPECIFIC

  • APPOINTMENT?

  • >> NOT THAT I'M AWARE OF RIGHT

  • NOW, CHARLIE.

  • AND I'M JUST TOLD

  • PRESIDENT-ELECT TRUMP IS IN THE

  • ELEVATOR, THE DOORS ARE OPENING

  • AND I BELIEVE HE IS HEADING

  • TOWARD THE PODIUM NOW.

  • >> LET ME ASK YOU QUICKLY, THEN,

  • JOHN AS WE SEE HIM, WHAT DO WE

  • EXPECT TO BE, OTHER THAN

  • OBAMACARE, HIS FIRST BIG

  • LEGISLATIVE PUSH?

  • >> HE'S GOT THE WALL.

  • THAT CAN BE PART OF THE BUDGET.

  • BUT THAT'S A KEY PART OF HIS --

  • >> GOOD MORNING.

  • >> YOU CAN SEE THE PRESIDENT

  • STANDING WITH HIS SON WAITING TO

  • GO TO THE PODIUM.

  • >> TWO SONS AND I VOON KA.

  • >> IT'S AN OPPORTUNITY TO BE

  • HERE TODAY.

  • AFTER THE PRESIDENT-ELECT MAKES

  • SOME REMARKS HE'S INTRODUCE MS.

  • SHERRY DILLON, A PROMINENT

  • ATTORNEY IN D.C. WHO STRUCTURED

  • THE AGREEMENTS PURSUANT TO THE

  • PRESIDENT'S BUSINESS

  • ARRANGEMENTS AND SHE'LL GIVE

  • BREE REMARKS.

  • I WANT TO BRING YOUR ATTENTION

  • TO A REPORT THAT WAS PUBLISHED

  • IN BUZZFEED LAST NIGHT.

  • IT'S FRANKLY OUTRAGEOUS AND

  • HIGHLY IRRESPONSIBLE FOR A LEFT

  • WING BOMB TO DROP HIGHLY

  • SALACIOUS AND FLAT OUT FALSE

  • INFORMATION ON THE INTERNET JUST

  • DAYS BEFORE HE TAKES THE OATH OF

  • OFFICE.

  • ACCORD TO BUZZFEED'S OWN EDITOR,

  • THERE ARE SOME SERIOUS REASONS

  • TO DOUBT THE ALLEGATIONS IN THE

  • REPORT.

  • THE EXECUTIVE EDITOR OF THE "THE

  • NEW YORK TIMES" ALSO DISMISSED

  • THE REPORT BY SAYING IT WAS

  • QUOTE TOTALLY UNSUBSTANTIATED,

  • ECHOING THE CONCERNS THAT MANY

  • OTHER REPORTERS EXPRESSED ON THE

  • INTER

  • INTERNET.

  • THE FACT THAT BUZZ FOOED AND CNN

  • MADE THE DECISION TO RUN WITH

  • THIS CLAIM IS A SAD PATHETIC

  • ATTEMPT TO GET CLICKS.

  • THE REPORT IS NOT AN

  • INTELLIGENCE REPORT, PLAIN AND

  • SIMPLE.

  • ONE ISSUE THAT THE REPORT TALKED

  • ABOUT WAS THE REPORT OF THREE

  • INDIVIDUALS ASSOCIATED WITH THE

  • CA

  • COME PAIN.

  • THESE THREE INDIVIDUALS, CARTER

  • PAIGE IS ON INDIVIDUAL WHO THE

  • PRESIDENT-ELECT DOES NOT KNOW

  • AND WAS PUT ON NOTICE MONTHS AGO

  • BY THE CAMPAIGN.

  • PAL MANAFORT HAS DENIED ANY OF

  • THIS INVOLVEMENT AND MICHAEL

  • COHEN WHO HAS VISITED PRAGUE IN

  • AUGUST AND SEPTEMBER, DID NOT

  • LEAVE OR ENTER THE UNITED STATES

  • DURING THIS TIME.

  • WE ASKED HIM TO PRODUCE HIS

  • PASSPORT TO CONFIRM HIS

  • WHEREABOUTS ON THE DATES IN

  • QUESTION AND THERE WAS NO DOUBT

  • THAT HE WAS NOT IN PRAGUE.

  • IN FACT MR. COHEN HAS NEVER BEEN

  • IN PRAGUE.

  • A NEW REPORT SUGGESTS THAT

  • MICHAEL COHEN WAS AT THE

  • UNIVERSITY OF SOUTHERN

  • CALIFORNIA WITH HIS SON AT A

  • BASEBALL GAME.

  • ONE REPORT NOW SUGGESTED

  • APPARENTLY IT'S ANOTHER MICHAEL

  • COHEN.

  • FOR ALL OF THE TALK LATELY

  • ABOUTFACE NEWS, THIS POLITICAL

  • WITCH HUNT IS BASED ON SOME OF

  • THE MOST FLIMSY REPORTING AND

  • IT'S FRANKLY AND SHAMEFUL AND

  • DISGRACEFUL.

  • IT IS MY HONOR TO ANNOUNCE THE

  • NEXT VICE PRESIDENT OF THE

  • UNITED STATES, MIKE PENCE.

  • [ APPLAUSE ]

  • >> WE ARE NINE DAYS AWAY FROM

  • THE INAUGURATION OF THE 45th

  • PRESIDENT OF THE UNITED STATES

  • OF AMERICA.

  • I AM PROFOUNDLY HONORED AND

  • HUMBLED THAT I WILL TAKE THE

  • OATH OF OFFICE TO SERVE AS VICE

  • PRESIDENT OF THE UNITED STATES

  • NINE DAYS FROM TODAY.

  • BUT I'M EVEN MORE HONORED TO

  • STAND SHOULDER TO SHOULDER WITH

  • A NEW PRESIDENT WHO WILL MAKE

  • AMERICA GREAT AGAIN.

  • NOW, THE PRESIDENT-ELECT'S

  • LEADERSHIP AND HIS ENERGY DURING

  • THE CAMPAIGN WAS IMPRESSIVE.

  • BUT AS THE CHAIRMAN OF THE

  • TRANSITION EFFORT, I CAN ASSURE

  • THE AMERICAN PEOPLE THAT HIS

  • ENERGY AND HIS VISION OCCURRING

  • T

  • DURING THE COURSE OF THE

  • TRANSITION HAS BEEN INSPIRINSPI.

  • TO SEE HOW HE HAS BROUGHT

  • TOGETHER MEN AND WOMEN OF

  • HISTORIC CAPABILITY AT A

  • HISTORIC PACE.

  • 19 OF THE 21 CABINET OFFICIALS

  • HAVE BEEN ANNOUNCED, NINE

  • COMMITTEE HEARINGS SCHEDULED,

  • SEVEN MORE TO GO ON THE BOOKS IN

  • THE NEXT SEVERAL DAYS.

  • IT'S A COMPILATION OF MEN OPAND

  • WOMEN WITH UNPRECEDENTED CALIBER

  • OF LEADERSHIP AND BACKGROUND TO

  • HELP THIS ADMINISTRATION MOVE

  • OUR NATION FORWARD.

  • PERHAPS THAT'S WHY THERE'S BEEN

  • SUCH A CONCERTED EFFORT BY SOME

  • IN THE MAINSTREAM MEDIA TO

  • DELEGITIMIZE THIS ELECTION.

  • YOU KNOW, I HAVE LONG BEEN A

  • SUPPORTER OF A FREE AND

  • INDEPENDENT PRESS AND I ALWAYS

  • WILL BE.

  • BUT WITH FREEDOM COMES

  • RESPONSIBILITY.

  • AND THE IRRESPONSIBLE DECISION

  • OF A FEW NEWS ORGANIZATION TO

  • RUN WITH A FALSE AND

  • UNSUBSTANTIATED REPORT WHEN MOST

  • NEWS ORGANIZATIONS RESISTED THE

  • TEMPTATION TO PROPAGATE THIS

  • FAKE NEWS CAN ONLY BE ATTRIBUTED

  • TO MEDIA BIAS AND AN ATTEMPT TO

  • DEMEAN THE PRESIDENT-ELECT AND

  • OUR INCOMING ADMINISTRATION AND

  • THE AMERICAN PEOPLE ARE SICK AND

  • TIRED OF IT.

  • BUT TODAY WE'LL GET WALK TO REAL

  • NEWS.

  • TO REAL FACTS.

  • AND THE REAL PROGRESS OR

  • INCOMING PRESIDENT HAS ALREADY

  • MADE IN REVIVING THE AMERICAN

  • ECONOMY AND ASSEMBLY A TEAM THAT

  • WILL MAKE AMERICA GREAT AGAIN.

  • AND WE'LL HEAR FROM THE

  • PRESIDENT-ELECT ABOUT ISSUES

  • THAT ARE OF PARAMOUNT IMPORTANCE

  • TO THE AMERICAN PEOPLE TODAY.

  • IT IS MY HONOR TO INTRODUCE TO

  • ALL OF YOU, MY FRIEND AND THE

  • PRESIDENT-ELECT OF THE UNITED

  • STATES OF AMERICA, DONALD TRUMP.

  • >> THANK YOU VERY MUCH.

  • IT'S VERY FAMILIAR TERRITORY,

  • NEWS CONFERENCES, BECAUSE WE

  • USED TO GIVE THEM ON AN ALMOST

  • DAILY BASIS.

  • I THINK WE PROBABLY MAYBE WON

  • THE NOMINATION BECAUSE OF NEWS

  • CONFERENCES.

  • AND IT'S GOOD TO BE WITH YOU.

  • WE STOPPED GIVING THEM BECAUSE

  • WE'RE GETTING QUITE A BIT OF

  • INACCURATE NEWS.

  • BUT I DO HAVE TO SAY THAT -- AND

  • I MUST SAY THAT I WANT TO THANK

  • A LOT OF THE NEWS ORGANIZATIONS

  • HERE TODAY BECAUSE THEY LOOKED

  • AT THAT NONSENSE THAT WAS

  • RELEASED BY MAYBE THE

  • INTELLIGENCE AGENCIES, WHO

  • KNOWS, BUT MAYBE THE

  • INTELLIGENCE AGENCIES WHICH

  • WOULD BE A TREMENDOUS BLOT ON

  • THEIR RECORD IF THEY IN FACT DID

  • THAT.

  • A TREMENDOUS BLOT.

  • BECAUSE A THING LIKE THAT SHOULD

  • HAVE NEVER BEEN WRITTEN.

  • IT SHOULD NEVER HAVE BEEN HAD.

  • AND IT SHOULD CERTAINLY NEVER

  • HAVE BEEN RELEASED.

  • BUT I WANT TO THANK A LOT OF THE

  • NEWS ORGANIZATIONS FOR -- SOME

  • OF WHO HAVE NOT TREATED ME VERY

  • WELL OVER THE YEARS.

  • A COUPLE IN PARTICULAR.

  • AND THEY CAME OUT SO STRONGLY

  • AGAINST THAT FAKE NEWS AND THE

  • FACT THAT IT WAS WRITTEN ABOUT

  • BY PRIMARILY ONE GROUP AND ONE

  • TELEVISION STATION.

  • SO I JUST WANT TO COMPLIMENT

  • MANY OF THE PEOPLE IN THE ROOM.

  • I HAVE GREAT RESPECT FOR THE

  • NEWS AND GREAT RESPECT FOR

  • FREEDOM OF THE PRESS AND ALL OF

  • THAT.

  • BUT I WILL TELL YOU, THERE WERE

  • SOME NEWS ORGANIZATIONS WITH ALL

  • THAT WAS JUST SAID THAT WERE SO

  • PROFESSIONAL, SO INCREDIBLY

  • PROFESSIONAL THAT I'VE JUST GONE

  • UP A NOTCH AS TO WHAT I THINK OF

  • YOU.

  • OKAY?

  • ALL RIGHT.

  • WE'VE HAD SOME GREAT NEWS OVER

  • THE LAST COUPLE OF WEEKS.

  • I'VE BEEN QUITE ACTIVE, I GUESS

  • YOU COULD SAY, IN AN ECONOMIC

  • WAY FOR THE COUNTRY.

  • A LOT OF CAR COMPANIES ARE GOING

  • TO BE MOVING IN.

  • WE HAVE OTHER COMPANIES.

  • BIG NEWS IS GOING TO BE

  • ANNOUNCED OVER THE NEXT COUPLE

  • OF WEEKS ABOUT COMPANIES THAT

  • ARE GOING TO BE BUILDING IN THE

  • MIDWEST.

  • YOU SAW YESTERDAY FIAT CHRYSLER,

  • BIG BIG FACTORY GOING TO BE

  • BUILT IN THIS COUNTRY.

  • FORD JUST ANNOUNCED THEY STOPPED

  • PLANS FOR A BILLION DOLLAR PLANT

  • IN MEXICO AND THEY'RE GOING TO

  • BE MOVING INTO MICHIGAN AND

  • EXPANDING AN EXISTING PLANT.

  • I APPRECIATE THAT FROM FORD.

  • I APPRECIATE IT VERY MUCH FROM

  • FIAT CHRYSLER.

  • I HOPE THAT GENERAL MOTORS WILL

  • BE FOLLOWING.

  • AND I THINK THEY WILL BE.

  • I THINK A LOT OF PEOPLE WILL BE

  • FOLLOWING.

  • I THINK A LOT OF INDUSTRIES ARE

  • GOING TO BE COMING BACK.

  • WE HAVE TO GET OUR DRUG INDUSTRY

  • COMING BACK.

  • OUR DRUG INDUSTRY IS DISASTROUS.

  • THEY'VE BEEN LEAVING LEFT AND

  • RIGHT.

  • AND WE HAVE TO CREATE NEW

  • BIDDING PROCEDURES FOR THE DRUG

  • INDUSTRY BECAUSE THEY'RE GETTING

  • AWAY WITH MURDER.

  • PHARMA HAS A LOT OF LOBBYISTS

  • AND A LOT OF POWER.

  • THERE VERY LITTLE BIDDING ON

  • DRUGS.

  • WE'RE THE LARGEST BUYER OF DRUGS

  • IN THE WORLD AND YET WE DON'T

  • BID PROPERLY.

  • WE'RE GOING TO START BIDDING AND

  • WE'RE GOING TO SAVE BILLIONS OF

  • DOLLARS OVER A PERIOD OF TIME.

  • AND WE'RE GOING TO DO THAT WITH

  • AARE THE OF OTHER INDUSTRIES.

  • I'M VERY MUCH INVOLVED WITH THE

  • GENERALS AND ADMIRALS ON THE

  • AIRPLANE, THE F-35, YOU'VE BEEN

  • READING ABOUT IT.

  • IT'S WAY WAY BEHIND SKENL AND

  • MANY MANY BILLIONS OF DOLLARS

  • OVERBUDGET.

  • I DON'T LIKE THAT.

  • AND THE ADMIRALS HAVE BEEN

  • FANTASTIC, THE GENERALS HAVE

  • BEEN FANTASTIC.

  • I'VE GOTTEN TO KNOW THEM WELL

  • AND WE'RE GOING TO DO SOME BIG

  • THINGS ON THE F-35 PROGRAM AND

  • PERHAPS THE F-18 PROGRAM AND

  • WE'RE GOING TO GET THOSE COSTS

  • WAY DOWN AND WE'RE GOING TO GET

  • THE PLANE TO BE EVEN BETTER AND

  • WE'RE GOING TO HAVE SOME

  • COMPETITION AND IT'S GOING TO BE

  • A BEAUTIFUL THING.

  • SO WE'VE BEEN VERY VERY MUCH

  • INVOLVED.

  • AND OTHER THINGS.

  • WE HAD SO MANY INCREDIBLE PEOPLE

  • COMING HERE.

  • THEY'RE GOING TO DO TREMENDOUS

  • THINGS, TREMENDOUS THINGS IN

  • THIS COUNTRY.

  • AND THEY'RE VERY EXCITED.

  • AND I WILL SAY IF THE ELECTION

  • DIDN'T TURN OUT THE WAY IT

  • TURNED OUT, THEY WOULD NOT BE

  • HERE, THEY WOULD NOT BE ANY MY

  • OFFICE, THEY WOULD NOT BE IN

  • ANYBODY ELSE'S OFFICE.

  • THEY WOULD BE BUILDING AND DOING

  • THINGS IN OTHER COUNTRIES.

  • THERE'S A GREAT SPIRIT GOING ON

  • RIGHT NOW.

  • A SPIRIT MANY PEOPLE HAVE TOLD

  • ME THEY'VE NEVER SEEN BEFORE.

  • EVER.

  • WE'RE GOING TO CREATE JOBS.

  • I'VE SAID THAT I WILL BE THE

  • GREATEST JOBS PRODUCER THAT GOD

  • EVER CREATED AND I MEAN THAT.

  • I'M GOING TO WORK VERY HARD ON

  • THAT.

  • WE NEED CERTAIN AMOUNTS OF OTHER

  • THINGS, INCLUDING A LITTLE BIT

  • OF LUCK.

  • BUT I THINK WE'RE GOING TO DO A

  • REAL JOB AND I'M VERY PROUD OF

  • WHAT WE'VE DONE AND WE HAVEN'T

  • EVEN GOTTEN THERE YET.

  • I LOOK VERY MUCH GUARD TO THE

  • INAUGURATION.

  • IT'S GOING TO BE A BEAUTIFUL

  • EVENT.

  • WE HAVE GREAT TALENT, TREMENDOUS

  • TALENT AND ALL OF THE BANDS OR

  • MOST OF THE BANDS FROM THE

  • DIFFERENT, FROM THE DIFFERENT

  • SEGMENTS OF THE MILITARY.

  • AND I'VE HEARD SOME OF THESE

  • BANDS OVER THE YEARS, THEY'RE

  • INCREDIBLE.

  • WE'RE GOING TO HAVE A VERY

  • ELEGANT DAY.

  • THE 20th IS GOING TO BE

  • SOMETHING THAT WILL BE VERY

  • SPECIAL, VERY BEAUTIFUL AND I

  • THINK WE'RE GOING TO HAVE

  • MASSIVE CROWDS BECAUSE WE HAVE A

  • MOVEMENT.

  • A MOVEMENT LIKE THE WORLD HAS

  • NEVER SEEN BEFORE.

  • IT'S A MOVEMENT THAT A LOT OF

  • PEOPLE DIDN'T EXPECT.

  • AND EVEN THE POLLS, ALTHOUGH

  • SOME OF THEM DID GET IT RIGHT,

  • BUT MANY OF THEM DIDN'T.

  • THAT WAS A BEAUTIFUL SCENE ON

  • NOVEMBER 8th AS THOSE STATES

  • STARTED TO POUR IN AND WE

  • FOCUSED VERY HARD IN THOSE

  • STATES AND THEY REALLY

  • RECIPROCATED.

  • AND THOSE STATES ARE GOING TO

  • HAVE A LOT OF JOBS AND THEY'RE

  • GOING TO HAVE A LOT OF SECURITY,

  • A LOT OF GOOD NEWS FOR THEIR

  • VETERANS.

  • AND BY THE WAY, SPEAKING OF

  • VETERANS, I APPOINTED TODAY THE

  • HEAD SECRETARY OF THE VETERANS

  • ADMINISTRATION, DAVID SHELLKIN

  • AND WILL DO A NEWS RELEASE IN A

  • LITTLE WHILE AND TELL YOU ABOUT

  • DAVID.

  • HE'S FANTASTIC.

  • HE WILL DO A TRULY GREAT JOB.

  • ONE OF THE COMMITMENTS I MADE IS

  • THAT WE'RE GOING TO STRAIGHTEN

  • OUT THE WHOLE SITUATION FOR OUR

  • VETERANS.

  • OUR VETERANS HAVE BEEN TREATED

  • HORRIBLY.

  • THEY'RE WAITING IN LINE FOR 15,

  • 16, 17 DAYS.

  • CASES WHERE THEY GO IN AND THEY

  • HAVE A MINOR EARLY STAGE FORM OF

  • CANCER AND THEY CAN'T SEE A

  • DOCTOR.

  • BY THE TIME THEY GET TO THE

  • DOCTOR THEY'RE TERMINAL.

  • NOT GOING TO HAPPEN.

  • IT'S NOT GOING TO HAPPEN.

  • DAVID IS GOING TO CDO A FANTASTC

  • JOB.

  • WE'RE GOING TO BE TALKING TO A

  • FEW PEOPLE TO HELP DAVID.

  • AND WE HAVE SOME OF THE GREAT

  • HOSPITALS IN THE WORLD THAT ARE

  • GOING TO ALIGN THEMSELVES WITH

  • THE VETERANS ADMINISTRATION,

  • LIKE THE CLEVELAND CLINIC, LIKE

  • THE MAYO CLINIC, A FEW MORE THAT

  • WE HAVE AND WE'RE GOING TO SET

  • UP A GROUP.

  • THESE ARE HOSPITALS THAT HAVE

  • BEEN THE TOP OF THE LINE.

  • THE ABSOLUTE TOP OF THE LINE.

  • AND THEY'RE GOING TO GET

  • TOGETHER WITH THEIR GREAT

  • DOCTORS, DR. TOBY COZGROVE HAVE

  • BEEN VERY INVOLVED.

  • AND WE'RE GOING TO STRAIGHTEN

  • OUT THE VA FOR OUR VETERANS.

  • I'VE BEEN PROMISING THAT FOR A

  • LONG TIME AND IT'S SOMETHING I

  • FEEL VERY VERY STRONGLY.

  • YOU'LL GET THE INFORMATION ON

  • DAVID AND I THINK YOU'LL BE VERY

  • IMPRESSED WITH THE JOB HE DOES.

  • WE LOOKED LONG AND HARD.

  • WE INTERVIEWED AT LEAST 100

  • PEOPLE.

  • SOME GOOD, SOME NOT SO GOOD.

  • BUT WE HAD A LOT OF TALENT AND

  • WE THINK THIS SELECTION WILL BE

  • SOMETHING THAT WILL, WITH TIME,

  • WITH TIME, STRAIGHTEN IT OUT AND

  • STRAIGHTEN IT OUT FOR GOOD.

  • BECAUSE OUR VETERANS HAVE BEEN

  • TREATED UNFAIRLY.

  • QUESTIONS, YES.

  • JOHN.

  • >> Reporter: THANK YOU VERY

  • MUCH.

  • APPRECIATE IT.

  • A COUPLE ASPECTS OF THE

  • INTELLIGENCE BRIEFING THAT YOU

  • RECEIVED ON FRIDAY THAT WE'RE

  • LOOKING FOR FURTHER

  • CLARIFICATION.

  • DID THE HEADS OF THE

  • INTELLIGENCE AGENCIES PROVIDE

  • YOU WITH A TWO-PAGE SUMMARY OF

  • THE UNSUBSTANTIATED ALLEGATIONS?

  • AND SECONDLY, DO YOU ACCEPT

  • THEIR OPINION THAT VLADIMIR

  • PUTIN ORDERED THE HACK OF THE

  • DNC AND ATTEMPTED HACK OF THE

  • RNC, AND IF YOU DO, HOW WILL

  • THAT COLOR YOUR ATTEMPTS TO

  • BUILD A RELATIONSHIP WITH A

  • LEADER WHO HAS BEEN ACCUSED OF

  • COMMITTING AN ACT OF ESPIONAGE.

  • >> THESE MEETINGS AS YOU KNOW

  • ARE CONFIDENTIAL, CLASSIFIED.

  • I'M NOT ALLOWED TO TALK ABOUT

  • WHAT WENT ON IN A MEETING.

  • BUT WE HAD MANY WITNESSES IN

  • THAT MEETING.

  • MANY OF THEM WITH US.

  • AND I WILL SAY AGAIN, I THINK

  • IT'S A DISGRACE THAT INFORMATION

  • WOULD BE LET OUT.

  • I SAW THE INFORMATION, I READ

  • THE INFORMATION OUTSIDE OF THAT

  • MEETING.

  • IT'S ALL FAKE NEWS.

  • IT'S PHONY STUFF.

  • IT DIDN'T HAPPEN.

  • AND IT WAS GOTTEN BY OPPONENTS

  • OF OURS, AS YOU KNOW BECAUSE YOU

  • REPORTED IT AND SO DID MANY OF

  • THE OTHER PEOPLE.

  • IT WAS A GROUP OF OPPONENTS THAT

  • GOT TOGETHER, SICK PEOPLE, AND

  • THEY PUT THAT CRAP TOGETHER.

  • SO I WILL TELL YOU THAT NOT

  • WITHIN THE MEETING BUT OUTSIDE

  • OF THE MEETING SOMEBODY RELEASED

  • IT.

  • IT SHOULD NEVER HAVE BEEN --

  • NUMBER ONE, IT SHOULDN'T HAVE

  • EVEN ENTERED PAPER.

  • BUT IT SHOULD NEVER HAVE BEEN

  • RELEASED.

  • BUT I READ WHAT WAS RELEASED AND

  • I THINK IT'S A DISGRACE.

  • I THINK IT'S AN ABSOLUTE

  • DISGRACE.

  • AS FAR AS HACKING, I THINK IT

  • WAS RUSSIA BUT I THINK WE ALSO

  • GET HACKED BY OTHER COUNTRIES

  • AND OTHER PEOPLE.

  • AND I CAN SAY THAT, YOU KNOW,

  • WHEN WE LOST 22 MILLION NAMES

  • AND EVERYTHING ELSE THAT WAS

  • HACKED RECENTLY, THEY DIDN'T

  • MAKE A BIG DEAL OUT OF THAT.

  • THAT WAS SOMETHING THAT WAS

  • EXTRAORDINARY.

  • THAT WAS PROBABLY CHINA.

  • WE HAVE MUCH HACKING GOING ON.

  • AND ONE OF THE THINGS WE'RE

  • GOING TO DO, WE HAVE SOME OF THE

  • GREATEST COMPUTER MINDS ANYWHERE

  • IN THE WORLD THAT WE'VE

  • ASSEMBLED.

  • YOU SAW JUST A SAMPLE OF IT TWO

  • WEEKS AGO UP HERE WHERE WE HAD

  • THE SIX TOP PEOPLE IN THE

  • WORLD -- THEY WERE NEVER IN THE

  • SAME ROOM TOGETHER AS A GROUP.

  • AND WE'RE GOING TO PUT THOSE

  • MINDS TOGETHER AND FORM A

  • DEFENSE.

  • AND I HAVE TO SAY THIS ALSO.

  • THE DEMOCRATIC NATIONAL

  • COMMITTEE WAS TOTALLY OPEN TO BE

  • HACKED.

  • THEY DID A VERY POOR JOB.

  • THEY COULD HAVE HAD HACKING

  • DEFENSE WHICH WE HAD.

  • AND I WILL GIVE RENS PRIEBUS

  • CREDIT.

  • WHEN HE SAW WHAT WAS GOING ON

  • WITH THE COUNTRY, HE WENT OUT

  • AND WENT TO VARIOUS FIRMS AND

  • ORDERED A STRONG HACKING

  • DEFENSE.

  • AND THEY TRIED TO HACK THE

  • REPUBLICAN NATIONAL COMMITTEE

  • AND THEY WERE UNABLE TO BREAK

  • THROUGH.

  • WE HAVE TO DO THAT FOR YOUR

  • COUNTRY.

  • IT'S VERY IMPORTANT.

  • >> Reporter: THE LAST PART OF

  • THE QUESTION, HOW COULD ALL OF

  • THIS POLL CCOLOR YOUR ATTEMPTS

  • BUILD A BETTER RELATIONSHIP WITH

  • MR. PUTIN?

  • >> RUSSIA PUT OUT A STATEMENT

  • TODAY SAYING THE FAKE NEWS WAS

  • FAKE NEWS.

  • SAY IT TOTALLY NEVER HAPPENED.

  • I RESPECTED THE FACT THAT HE

  • SAID THAT.

  • I'LL BE HONEST.

  • I THINK IF HE HAD SOMETHING,

  • THEY WOULD HAVE RELEASED IT.

  • FRANKLY HAD THEY BROKEN INTO THE

  • REPUBLICAN NATIONAL COMMITTEE,

  • THEY WOULD HAVE RELEASED IT,

  • JUST LIKE HILLARY AND ALL OF THE

  • HORRIBLE THINGS LIKE PODESTA

  • SAID ABOUT HER.

  • IF SOMEBODY SAID ABOUT ME WHAT

  • PODESTA SAID ABOUT HILLARY, IF I

  • WAS THE BOSS, I WOULD HAVE FIRED

  • HIM IMMEDIATELY, OR THAT

  • AMERICAN.

  • WHAT HE SAID ABOUT HER WAS

  • HORRIBLE.

  • BUT REMEMBER THIS.

  • WE TALK ABOUT THE HACKING.

  • HACKING IS BAD AND IT SHOULDN'T

  • BE DONE.

  • BUT LOOK AT THE THINGS THAT WERE

  • HACKED.

  • LOOK AT WHAT WAS LEARNED FROM

  • THAT HACKING.

  • THAT HILLARY CLINTON GOT THE

  • QUESTIONS TO THE DEBATE AND

  • DIDN'T REPORT IT.

  • THAT'S A HORRIBLE THING.

  • THAT'S A HORRIBLE THING.

  • CAN YOU IMAGINE IF DONALD TRUMP

  • GOT THE QUESTIONS TO THE DEBATE?

  • IT WOULD HAVE BEEN THE BIGGEST

  • STORY IN THE HISTORY OF STORIES

  • AND THEY WOULD HAVE SAID

  • IMMEDIATELY YOU HAVE TO GET OUT

  • OF THE RACE.

  • NOBODY EVEN TALKED ABOUT IT.

  • IT'S A VERY TERRIBLE THING.

  • YEAH.

  • >> Reporter: THANK YOU, MR.

  • PRESIDENT-ELECT.

  • ON THAT INTELLIGENCE REPORT, THE

  • SECOND PART OF THE CONCLUSION

  • WAS VLADIMIR PUTIN ORDERED IT

  • BECAUSE HE ASPIRED TO HELP YOU

  • IN THE ELECTION, DO YOU ACCEPT

  • THAT PART OF THE FINDING.

  • AND WILL YOU UNDO WHAT PRESIDENT

  • OBAMA DID TO PUNISH THE RUSSIA?

  • >> IF PUTIN LIKES DONALD TRUMP,

  • I CONSIDER THAT AN ASSET, NOT A

  • LIABILITY.

  • WE HAVE A HORRIBLE RELATIONSHIP

  • WITH RUSSIA.

  • RUSSIA CAN HELP US FIGHT ISIS.

  • IF YOU LOOK, THIS ADMINISTRATION

  • CREATED ISIS BY LEAVING AT THE

  • WRONG TIME.

  • THE VOID WAS CREATED, ISIS WAS

  • FORMED.

  • IF PUTIN LIKES DONALD TRUMP,

  • GUESS WHAT, FOLKS, THAT'S CALLED

  • AN ASSET, NOT A LIABILITY.

  • NOW I DON'T KNOW THAT I'M GOING

  • TO GET ALONG WITH VLADIMIR

  • PUTIN.

  • I HOPE I DO.

  • BUT THERE'S A GOOD CHANCE I

  • WON'T.

  • AND IF I DON'T DO YOU HONESTLY

  • BELIEVE THAT HILLARY WOULD BE

  • TOUGHER ON PUTIN THAN ME?

  • DOES ANYBODY IN THIS ROOM

  • BELIEVE THAT?

  • GIVE ME A BREAK.

  • >> Reporter: -- MAKE CLEAR

  • DURING YOUR VISIT TO MOSCOW OR

  • ST. PETERSBURG DID YOU ENGAGE IN

  • CONDUCT THAT YOU WOULD NOT

  • REGRET AND WOULD A REASONABLE

  • OBSERVER SAY YOU ARE POTENTIALLY

  • VULNERABLE TO BLACKMAIL?

  • >> WHEN I LEAVE OUR COUNTRY, I'M

  • A VERY HIGH PROFILE PERSON.

  • WOULD YOU SAY?

  • I'M EXTREMELY CAREFUL.

  • I'M SURROUNDED BY BODYGUARDS,

  • SURROUNDED BY PEOPLE.

  • AND I ALWAYS TELL THEM IF I'M

  • LEAVING THIS COUNTRY BE VERY

  • CAREFUL BECAUSE IN YOUR HOTEL

  • ROOMS, AND NO MATTER WHERE YOU

  • GO, YOU'RE PROBABLY GOING TO

  • HAVE CAMERAS.

  • I'M NOT REFERS JUST TO RUSSIA

  • BUT I WOULD CERTAINLY PUT THEM

  • IN THAT CATEGORY.

  • AND NUMBER ONE, I HOPE YOU'RE

  • GOING TO BE GOOD ANYWAY.

  • BUT IN THOSE ROOMS YOU HAVE

  • CAMERAS IN THE STRANGEST PLACES.

  • CAMERAS THAT ARE SO SMALL WITH

  • MODERN TECHNOLOGY YOU CAN'T SEE

  • THEM AND YOU WON'T KNOW.

  • YOU BETTER BE CAREFUL OR YOU'LL

  • BE WATCHING YOURSELF ON NIGHTLY

  • TELEVISION.

  • I TELL THIS TO PEOPLE ALL THE

  • TIME.

  • I WAS IN RUSSIA YEARS AGO WITH

  • THE MISS UNIVERSE CONTEST WHICH

  • DID VERY WELL, MOSCOW, THE

  • MOSCOW AREA, DID VERY WELL.

  • AND I TOLD MANY PEOPLE BE

  • CAREFUL.

  • BECAUSE YOU DON'T WANT TO SEE

  • YOURSELF ON TELEVISION.

  • CAMERAS ALL OVER THE PLACE.

  • AND AGAIN, NOT JUST RUSSIA.

  • ALL OVER.

  • DOES ANYBODY REALLY BELIEVE THAT

  • STORY?

  • I'M ALSO A GERMAPHOBE BY THE

  • WAY.

  • BELIEVE ME.

  • >> Reporter: HOW YOU PLAN TO

  • DISENTANGLE YOURSELF FROM YOUR

  • BUSINESS.

  • BUT FIRST, THE RUSSIAN REMARKS.

  • BASED ON YOUR COMMENTS MERE

  • TODAY, DO YOU BELIEVE THE

  • HACKING WAS JUSTIFIED?

  • DOES RUSSIA HAVE ANY LEVERAGE

  • OVER YOU, FINANCIAL OR OTHERWISE

  • AND IF NOT WILL YOU RELEASE YOUR

  • TAX RETURNS TO PROVE IT?

  • >> SO I TWEETED OUT THAT I HAVE

  • NO DEALINGS WITH RUSSIA.

  • I HAVE NO DEALS IN RUSSIA.

  • I HAVE NO DEALS THAT COULD

  • HAPPEN IN RUSSIA BECAUSE WE'VE

  • STAYED AWAY.

  • AND I HAVE NO LOANS WITH RUSSIA.

  • AS A REAL ESTATE DEVELOPER, I

  • HAVE VERY VERY LIT DEBT.

  • I HAVE ASSETS THAT ARE -- NOW

  • PEOPLE HAVE FOUND OUT HOW BIG

  • THE COUNTRY IS.

  • I HAVE VERY LOW DEBT.

  • BUT VI I HAVE NO LOANS WITH RUS

  • AT ALL.

  • THAT WAS IMPORTANT TO PUT OUT.

  • I CERTIFIED THAT.

  • I HAVE NO DEALS, NO LOANS AND I

  • HAVE NO DEALINGS.

  • WE COULD MAKE DEALS IN RUSSIA IF

  • I WANTED TO BUT I JUST DON'T

  • WANT TO BECAUSE THAT WOULD BE A

  • CONFLICT.

  • I HAVE TO SAY ONE OTHER THING.

  • OVER THE WEEKEND I WAS OFFERED

  • $2 BILLION TO DO A DEAL IN DUBAI

  • WITH A VERY VERY VERY AMAZING

  • MAN, A GREAT GREAT DEVELOPER

  • FROM THE MIDDLE EAST.

  • HUSSEIN DEMACK, A FRIEND OF

  • MINE, GREAT GUY.

  • AND WAS OFFERED $2 BILLION TO DO

  • A DEAL IN DUBAI.

  • NUMBER OF DEALS.

  • AND I TURNED IT DOWN.

  • I DIDN'T HAVE TO TURN IT DOWN

  • BECAUSE AS YOU KNOW, I HAVE A NO

  • CONFLICT SITUATION BECAUSE I'M

  • PRESIDENT.

  • I DIDN'T KNOW ABOUT THAT UNTIL

  • THREE MONTHS AGO BUT IT'S NICE

  • TO HAVE.

  • I DON'T WANT TO TAKE ADVANTAGE

  • OF SOMETHING.

  • I HAVE SOMETHING OTHERS DON'T

  • HAVE.

  • VICE PRESIDENT PENCE HAS IT.

  • I HAVE A FEELING HE'S NOT GOING

  • TO NEED IT.

  • BUT VI A NO-CONFLICT OF INTEREST

  • PROVISION AS PRESIDENT.

  • IT WAS MANY MANY YEARS OLD

  • BECAUSE THEY DON'T WANT

  • PRESIDENTS -- I UNDERSTAND.

  • THEY DON'T WANT PRESIDENTS

  • GETTING TANGLED UP IN MINUTIA.

  • THEY WANT A PRESIDENT TO RUN THE

  • COUNTRY.

  • SO I COULD ACTUALLY RUN MY

  • BUSINESS.

  • I COULD ACTUALLY RUN MY BUSINESS

  • AND RUN GOVERNMENT AT THE SAME

  • TIME.

  • I DON'T LIKE THE WAY THAT LOOKS

  • BUT I WOULD BE ABLE TO DO THAT

  • IF I WANT TO.

  • I WOULD BE THE ONLY ONE THAT

  • WOULD BE ABLE TO DO THAT.

  • YOU CAN'T DO THAT IN ANY OTHER

  • CAPAC

  • CAPACITY.

  • BUT AS PRESIDENT I COULD RUN THE

  • TRUMP ORGANIZATION, GREAT GREAT

  • COMPANY AND I COULD RUN THE

  • COUNTRY.

  • I WOULD DO A VERY GOOD JOB BUT I

  • DON'T WANT TO DO THAT.

  • ALL OF THESE PAPERS THAT YOU SEE

  • HERE -- GO AHEAD.

  • >> Reporter: DO YOU BELIEVE THE

  • HACKING WAS JUSTIFIED AND WILL

  • YOU RELEASE YOUR TAX RETURNS TO

  • PROVE WHAT YOU'RE SAYING ABOUT

  • NO DEALS IN RUSSIA?

  • >> I'M NOT RELEASING TAX RETURNS

  • BECAUSE THEY'RE UNDER AUDIT.

  • I'VE NEVER HEARD THAT.

  • THE ONLY ONE THAT CARES ABOUT MY

  • TAX RETURNS ARE THE REPORTERS.

  • >> Reporter: YOU DON'T THINK

  • THE --

  • >> NO.

  • I DON'T THINK SO.

  • I WON.

  • I BECAME PRESIDENT.

  • I DON'T THINK THEY CARE AT ALL.

  • I THIS I YOU CARE.

  • I THINK YOU CARE.

  • FIRST OF ALL YOU LEARN VERY

  • LITTLE FROM A TAX RETURN.

  • WHAT YOU SHOULD DO IS GO DOWN TO

  • THE FEDERAL ELECTIONS AND LOOK

  • AT THE NUMBERS.

  • PEOPLE HAVE LOCKED AT THE

  • COMPANY AND NOW THEY REALIZE

  • THAT ANY COMPANY IS MUCH MORE

  • POWERFUL THAN THEY THOUGHT.

  • WE'RE IN MANY COUNTRIES AND I'M

  • PROUD OF IT.

  • WHAT I'M GOING TO BE DOING IS MY

  • TWO SONS WHO ARE RIGHT HERE, DON

  • AND ERIC, ARE GOING TO BE

  • RUNNING THE COMPANY.

  • THEY ARE GOING TO BE RUNNING IT

  • IN A VERY PROFESSIONAL MANNER.

  • THEY'RE NOT GOING TO DISCUSS IT

  • WITH ME.

  • AGAIN, I DON'T HAVE TO DO THIS.

  • THEY'RE NOT GOING TO DISCUSS IT

  • WITH ME.

  • AND WITH THAT I'M GOING TO BRING

  • UP SHERRY DILLON AND SHE'S GOING

  • TO GO -- THESE PAPERS ARE JUST

  • SOME OF THE MANY DOCUMENTS THAT

  • I'VE SIGNED TURNING OVER

  • COMPLETE AND TOTAL CONTROL TO MY

  • SONS.

  • >> GOOD MORNING.

  • IT'S MY HONOR AND PRIVILEGE TO

  • BE HERE TODAY AS PRESIDENT-ELECT

  • TRUMP'S REQUEST.

  • HE'S ASKED ME AS YOU JUST HEARD

  • TO SPEAK ABOUT THE CONFLICTS OF

  • INTEREST AND THE STEPS HE'S

  • TAKING.

  • AS YOU KNOW, THE BUSINESS EMPIRE

  • BUILT BY PRESIDENT-ELECT TRUMP

  • OVER THE YEARS IS MASSIVE.

  • NOT DISSIMILAR TO THE FORTUNES

  • OF NELSON ROCKEFELLER WHEN HE

  • BECAME VICE PRESIDENT.

  • BUT AT THAT TIME NO ONE WAS SO

  • CONCERNED.

  • PRESIDENT-ELECT TRUMP WANTS THE

  • AMERICAN PUBLIC TO REST ASSURED

  • THAT ALL OF HIS EFFORTS ARE

  • DIRECTED AT PURSUING THE

  • PEOPLE'S BUSINESS AND NOT HIS

  • OWN.

  • TO THAT END, AS HE EXPLAINED A

  • FEW MOMENTS AGO, HE DIRECTED ME

  • AND MY COLLEAGUES AT THE LAW

  • FIRM MORGAN LEWIS TO DESIGN A

  • STRUCTURE FOR HIS BUSINESS

  • EMPIRE THAT WILL COMPLETELY

  • ISOLATE HIM FROM THE MANAGEMENT

  • OF THE COMPANY.

  • HE FURTHER INSTRUCTED THAT WE

  • BUILD IN PROTECTIONS THAT WILL

  • ENSURE THE AMERICAN PEOPLE THAT

  • THE DECISIONS HE MAKES AND THE

  • ACTIONS THAT HE TAKES AS

  • PRESIDENT ARE FOR THEIR BENEFIT

  • AND NOT TO SUPPORT HIS FINANCIAL

  • INTERESTS.

  • AS HE SAID, HE'S VOLUNTARILY

  • TAKING THIS ON.

  • THE CONFLICTS OF INTEREST LAWS

  • SIMPLY DO NOT APPLY TO THE

  • PRESIDENT OR THE VICE PRESIDENT

  • AND THEY ARE NOT REQUIRED TO

  • SEPARATE THEMSELVES FROM THEIR

  • FINANCIAL ASSETS.

  • THE PRIMARY CONFLICTS OF

  • INTEREST STATUTES -- SOME HAVE

  • QUESTIONED THIS -- SECTION 18

  • USC 208 IS INAPPLICABLE BY ITS

  • TERMS.

  • THIS IS NOT JUST OUR

  • INTERPRETATION.

  • IT IS CONGRESS ITSELF WHO MADE

  • IT CLEAR WHEN THEY AMENDED THE

  • EXCEPTION TO STATE THAT EXCEPT

  • AS OTHERWISE PROVIDED THE TERMS

  • OFFICE AND EMPLOYEE IN SECTION

  • 208 SHALL NOT INCLUDE THE

  • PRESIDENT.

  • EVEN SO, PRESIDENT-ELECT TRUMP

  • WANTS THERE TO BE IN DOUBT IN

  • THE MINDS OF THE AMERICAN PUBLIC

  • THAT HE'S COMPLETELY ISOLATING

  • HIMSELF FROM HIS BUSINESS

  • INTEREST.

  • HE INSTRUCTED US TO TAKE ALL

  • STEPS REALISTICALLY POSSIBLE TO

  • MAKE IT CLEAR THAT HE'S NOT

  • EXPLOITING THE OFFICE OF THE

  • PRESIDENCY FOR HIS PERSONAL

  • BENEFIT.

  • HE SOUGHT THE GUIDANCE OF

  • INDIVIDUALS WHO HAVE FAMILIAR

  • WITH AND WORKED EXTENSIVELY IN

  • THE FIELD OF GOVERNMENT ETHICS

  • AND CONSTITUTIONAL A LAW.

  • FRED FIELDING STANDING HERE

  • TODAY, MANY OF YOU HAVE KNOWN

  • HIM.

  • HE'S SERVED SEVERAL PRESIDENTS

  • OVER THE YEARS, INCLUDING

  • SERVING AS COUNSEL TO PRESIDENTS

  • RONALD REAGAN AND GEORGE W. BUSH

  • WELLS SERVING ON PRESIDENT

  • GEORGE H.W. BUSH'S COMMISSION ON

  • FEDERAL ETHICS LAW REFORM AND HE

  • HELD THE POSITION OF VICE

  • CHAIRMAN OF THE ETHICS RESOURCE

  • CENTER.

  • MR. FEIELDING HAS APPROVED THE

  • PLAN.

  • HE'S HERE TO SUPPORT THE PLAN

  • AND HE WILL CONTINUE TO PROVIDE

  • GUIDANCE AS THE PLAN IS

  • IMPLEMENTED AS ERIC AND DON TAKE

  • OVER THE DETAILS OF THE

  • MANAGEMENT OF THE TRUMP

  • ORGANIZATION.

  • I'M GOING TO DETAIL SOME OF THE

  • STEPS THAT THE PRESIDENT-ELECT

  • IS TAKING.

  • FIRST PRESIDENT-ELECT TRUMP

  • INVESTMENT AND BUSINESS ASSETS

  • COMMONLY KNOWN AS THE TRUMP

  • ORGANIZATION COMPRISING HUNDREDS

  • OF ENTITIES WHICH AGAIN IF YOU

  • ALL GO AND TAKE A LOOK AT HIS

  • FINANCIAL DISCLOSURE STATEMENT,

  • THE PAGES AND PAGES OF ENTITIES

  • HAVE ALL BEEN OR WILL BE

  • CONVEYED TO A TRUST PRIOR TO

  • JANUARY 20th.

  • HERE IS JUST SOME OF THE

  • PAPERWORK THAT'S TAKING CARE OF

  • THOSE ACTIONS.

  • SECOND, THROUGH THE TRUST

  • AGREEMENT HE HAS RELINQUISHED

  • LEADERSHIP AND MANAGEMENT OF THE

  • TRUMP ORGANIZATION TO HIS SONS

  • DON AND ERIC, AND A LONG TIME

  • TRUMP EXECUTIVE, ALAN WISE

  • LBURG.

  • TOGETHER, DON, ERIC AND ALAN

  • WILL MAKE DECISIONS FOR THE SUR

  • RATION OF THE PRESIDENCY WITHOUT

  • ANY INVOLVEMENT WHATSOEVER BY

  • PRESIDENT-ELECT TRUMP.

  • FURTHER, AT THE

  • PRESIDENT-ELECT'S DIRECTION, THE

  • TRUST AGREEMENT PROVIDES THAT TO

  • ENSURE THE TRUMP ORGANIZATION

  • CONTINUE TO OPERATE IN

  • ACCORDANCE WITH THE HIGHEST AND

  • LEGAL ETHICS STANDARDS, AN

  • ETHICS ADVISER WILL BE APPOINTED

  • TO THE MANAGEMENT TEAM.

  • THE WRITTEN APPROVAL OF THE

  • ETHICSED A VUZER WILL BE

  • REQUIRED FOR NEW DEALS, AND

  • TRANSACTIONS THAT COULD

  • POTENTIALLY RAISE ETHICS

  • CONCERNS.

  • PRESIDENT-ELECT TRUMP, AS WELL

  • AS DON, ERIC AND ALAN ARE

  • COMMITTED TO ENSURING THAT THE

  • ACTIVITIES OF THE TRUMP

  • ORGANIZATION ARE BEYOND

  • REPROACH.

  • PRESIDENT-ELECT TRUMP WILL

  • RESIGN FROM ALL OFFICER AND

  • OTHER POSITIONS HE HOLDS WITH

  • THE TRUMP ORGANIZATION ENTITIES.

  • FURTHER, IN ADDITION HIS

  • DAUGHTER IVANKA WILL HAVE NO

  • FURTHER INVOLVEMENT WITH OR

  • MANAGEMENT AUTHORITY WHATSOEVER

  • WITH THE TRUMP ORGANIZATION.

  • AS SHE AND JAROD MOVE THEIR

  • FAMILY TO D.C., IVANKA WILL BE

  • FOCUSED ONSET LING THEIR

  • CHILDREN INTO THEIR NEW HOMES

  • AND NEW SCHOOLS.

  • THE PRESIDENT-ELECT HAS ALSO

  • ALREADY DISPOSED OF ALL OF HIS

  • INVESTMENTS AND PUBLICLY TRADED

  • OR EASILY LIQUIDATED

  • INVESTMENTS.

  • AS A RESULT, THE TRUST WILL HAVE

  • TWO TYPES OF ASSETS.

  • FIRST, LIQUID ASSETS, CASH, CASH

  • EQUIVALENTS AND TREASURIES AND

  • PERHAPS A GOVERNMENT APPROVED

  • DIVERSE PORTFOLIO.

  • SECOND THE TRUST IS GOING TO

  • HOLD HIS PREEXISTING ILLIQUID

  • BUT VERY VALUABLE BUSINESS

  • ASSETS, THE ONES THAT EVERYONE

  • HERE IS FAMILIAR WITH, TRUMP

  • OWNED, OPERATED AND BRANDED GOLF

  • CLUBS, RESORTS, HOTELS, RIGHT TO

  • ROYALTIES OF TRUMPS PRODUCTION

  • AND GOODS.

  • THINGS LIKE TRUMP TOWER, ALL OF

  • HIS OTHER BUSINESS ASSETS WILL

  • BE IN THE TRUST.

  • THROUGH INSTRUCTIONS IN THE

  • TRUST AGREEMENT, PRESIDENT-ELECT

  • TRUMP FIRST ORDERED THAT ALL

  • PENDING DEALS BE TERMINATED.

  • THIS IMPACTED MORE THAN 30

  • DEALS, MANY OF WHICH WERE SET TO

  • CLOSE BY THE END OF 2016.

  • AS YOU CAN WELL MANUAL, THAT

  • CAUSED AN IMMEDIATE FINANCIAL

  • LOSS OF MILLIONS OF DOLLARS NOT

  • JUST FOR PRESIDENT-ELECT TRUMP

  • BUT ALSO FOR DON, IVANKA AND

  • ERIC.

  • THE TRUST AGREEMENT AS

  • DIRECTEDLY PLUMP IMPOSES SEVERE

  • RESTRICTIONS ON NEW DEALS.

  • NO NEW FOREIGN DEALS WILL BE

  • MADE WHATSOEVER DURING THE

  • DURATION OF PLUMP'S PRESIDENCY.

  • NEW DOMESTIC DEALS WILL BE

  • ALLOWED BUT THEY'LL GO THROUGH A

  • RIGOROUS VETTING PROCESS.

  • THE PRESIDENT-ELECT WILL HAVE NO

  • ROLE IN DECIDING WHETHER OR NOT

  • THE TRUMP ORGANIZATION ENGANL

  • I

  • GAU

  • -- ENGAGES IN THE DEAL AND

  • HE'LL ONLY KNOW ABOUT THE DEAL

  • IF HE READS ABOUT IT IN THE

  • PAPER OR SEE IT ON TV.

  • ANY DEAL COULD BE PERCEIVED AS

  • CAUSING A CONFLICT OR EXPLOITING

  • THE OFFICE OF THE PRESIDENCY.

  • NEW DEALS MUST BE VETTED WITH

  • THE ETHICS ADVISER.

  • THE ETHICS ADVISER WILL BE A

  • RECOGNIZED EXPERT IN THE FIELD

  • OF GOVERNMENT EXPERTS.

  • HIS ROLE WILL BE TO SCRUTINIZE

  • THE NEW DEALS AND ACTIONS AND

  • ANY NEW DEAL MUST RECEIVE

  • WRITTEN APPROVAL.

  • TO FURTHER REINFORCE THE WALL

  • THAT WE ARE BUILDING BETWEEN

  • PRESIDENT-ELECT TRUMP AND THE

  • TRUMP ORGANIZATION,

  • PRESIDENT-ELECT TRUMP HAS

  • ORDERED THROUGH HIS TRUST

  • AGREEMENT TO SHARPLY LIMIT HIS

  • INFORMATION RIGHTS.

  • REPORTS WILL ONLY BE AVAILABLE

  • AND REFLECT PROFIT AND LOSS ON

  • THE COMPANY AS A WHOLE.

  • THERE WILL BE NO SEPARATE

  • BUSINESS BY BUSINESS ACCOUNTING.

  • ANOTHER STEP PRESIDENT-ELECT

  • TRUMP HAS TAKEN IS HE CREATED A

  • NEW POSITION AT THE TRUMP

  • ORGANIZATION.

  • THE POSITION OF CHIEF COMPLIANCE

  • COUNSEL.

  • WHOSE RESPONSIBILITY WILL BE TO

  • ENSURE THAT THE TRUMP BUSINESSES

  • AGAIN ARE OPERATING AT THE

  • HIGHEST LEVELS OF INTEGRITY AND

  • NOT TAKING ANY ACTIONS THAT

  • COULD BE PERCEIVED AS EXPLOITING

  • THE OFFICE OF THE PRESIDENCY.

  • HE HAS ALSO DIRECTED THAT NO

  • COMMUNICATIONS OF THE TRUMP

  • ORGANIZATION, INCLUDING SOCIAL

  • MEDIA ACCOUNTS, WILL REFERENCE

  • OR BE TIED TO PRESIDENT-ELECT

  • TRUMP'S ROLE AS PRESIDENT OF THE

  • UNITED STATES OR THE OFFICE OF

  • THE PRESIDENCY.

  • IN SUM, ALL OF THESE ACTIONS

  • COMPLETELY RELINGISHMENT OF

  • MANAGEMENT, NO NEW DEALS,

  • SHARPLY LIMITED INFORMATION

  • RIGHTS WILL SEVER

  • PRESIDENT-ELECT TRUMP'S

  • PRESIDENCY FROM THE TRUMP

  • ORGANIZATION.

  • SOME HAVE ASKED QUESTIONS.

  • WHY NOT DIVEST, WHY NOT SELL

  • ANYTHING, FORM A BLIND TRUST AND

  • I WOULD LIKE TO TURN TO ADDR

  • ADDRESSING THOSE QUESTIONS NOW.

  • SELLING FIRST AND FOREMOST WOULD

  • NOT ELIMINATE CONFLICTS OF

  • INTEREST.

  • IT WAS KPSER BAIT THEM.

  • THE TRUMP BRAND IS KEY TO THE

  • VALUE OF THE TRUMP

  • ORGANIZATION'S ASSETS.

  • IF PRESIDENT-ELECT TRUMP SOLD

  • HIS BRAND, HE WOULD BE ENTITLED

  • TO ROYALTIES FOR THE USE OF IT

  • AND THIS WOULD RESULT IN THE

  • TRUST RETAINING AN INTEREST IN

  • THE BRAND WITHOUT THE ABILITY TO

  • ENSURE THAT IT DOES NOT EXPLOIT

  • THE OFFICE OF THE PRESIDENCY.

  • FURTHER, WHATEVER PRICE WAS PAID

  • WOULD BE SUBJECT TO CRITICISM

  • AND KRUT ASCRUTINY.

  • WAS IT TOO HIGH, WAS THERE PAY

  • TO PLAY.

  • AND SELLING HIS ASSETS WITHOUT

  • THE RIGHT TO THE BRAND WOULD

  • GREATLY DIMINISH THE VALUE OF

  • THE ASSETS AND CREATE A FIRE

  • SALE.

  • PRESIDENT-ELECT TRUMP SHOULD NOT

  • BE EXPECTED TO DESTROY THE

  • COMPANY HE BUILT.

  • THIS PLAN OFFERS A SUITABLE

  • ALTERNATIVE TO ADDRESS THE

  • CONCERNS OF THE AMERICAN PEOPLE.

  • AND SELL THE ENTIRE TRUMP

  • ORGANIZATION ISN'T EVEN

  • FEASIBLE.

  • SOME PEOPLE HAVE SUGGESTED THAT

  • THE PRESIDENT-ELECT SELL THE

  • BUSINESS TO HIS ADULT CHILDREN.

  • THIS WOULD REQUIRE MASSIVE THIRD

  • PARTY DEBT SOURCED WITH MULTIPLE

  • LENDERS WHO MOTIVES AND

  • WILLINGNESS TO PARTICIPATE WOULD

  • BE QUESTIONED AND UNDOUBTEDLY

  • INVESTIGATED.

  • AND IF THE PRESIDENT-ELECT WERE

  • TO FINANCE THE SALE HIMSELF, HE

  • WOULD RETAIN THE FINANCIAL

  • INTEREST IN THE ASSETS THAT HE

  • OWNS NOW.

  • SOME PEOPLE HAVE SUGGESTED THAT

  • PRESIDENT-ELECT TRUMP WOULD

  • BUNDLE THE ASSETS AND TURN THE

  • TRUMP ORGANIZATION INTO A PUBLIC

  • COMPANY.

  • ANYONE WHO HAS EVER GONE THROUGH

  • THIS EXTRAORDINARILY CUMBERSOME

  • AND COMPLICATED PROCESS KNOWS

  • IT'S A NONSTARTER.

  • IT'S NOT REALISTIC AND WOULD BE

  • INAPPROPRIATE FOR THE TRUMP

  • ORGANIZATION.

  • SOME PEOPLE SUGGESTED A BLIND

  • TRUST.

  • BUT YOU CANNOT HAVE A TOTALLY

  • BLIND TRUST WITH OPERATING

  • BUSINESSES.

  • PRESIDENT TRUMP CAN'T UNKNOW HE

  • OWNS TRUMP TOWER AND THE PRESS

  • WILL MAKE SURE THAT ANY NEW

  • DEVELOPMENTS AT THE TRUMP

  • ORGANIZATION ARE WELL

  • PUBLICIZED.

  • FURTHER IT WOULD BE IMPOSSIBLE

  • TO FIND A TRUSTEE WHO WOULD BE

  • COMPETENT TO RUN THE

  • ORGANIZATION.

  • THE APPROACH HE'S TAKG ALLOWS

  • DON AND ERIC TO PRESERVE THIS

  • GREAT COMPANY.

  • IT CREATES A COMPLETE SITUATION

  • FROM PRESIDENT-ELECT TRUMP,

  • SEPARATES HIM AND PREVENTS HIM

  • FROM PARTICIPATING IN THE

  • BUSINESS AND POSES STRICT LIMITS

  • ON WHAT THE TRUSTEES CAN DO AND

  • REQUIRES THE ASSENT OF ANY

  • ETHICS ADVISER TO A NEW DEAL.

  • I'M GOING TO TURN TO ONE LAST

  • TOPIC TODAY THAT HAS BEEN OF

  • INTEREST LATELY CALL E

  • MOLLMENTS.

  • THAT'S A WORD THAT WE'RE ALL

  • FAMILIAR WITH AND PERHAPS HAVE

  • NOT HEARD OF BEFORE.

  • WE'RE GOING TO ZWRIEB DESCRIBE

  • OTHER ACTIONS THAT

  • PRESIDENT-ELECT TRUMP IS TAKING.

  • THIS COMES FROM THE

  • CONSTITUTION.

  • THE CONSTITUTION SAYS OFFICIALS

  • MAY NOT ACCEPT GIFTS, TITLES OF

  • NOBILITY FROM FOREIGN

  • GOVERNMENTS WITH RESPECT TO

  • THEIR OFFICE.

  • AND THAT NO BENEFIT SHOULD BE

  • DERIVED BY HOLDING AN OFFICE.

  • THIS SO-CALLED CLAUSE HAS NEVER

  • BEEN INTERPRETED TO APPLY TO

  • FAIR VALUE EXCHANGES THAT HAVE

  • ABSOLUTELY NOTHING TO DO WITH AN

  • OFFICE HOLDER.

  • NO ONE WOULD HAVE THOUGHT WHEN

  • THE CONSTITUTION WAS WRITTEN

  • THAT PAYING YOUR HOTEL BILL WAS

  • AN E MOLLMENT.

  • IT WOULD HAVE BEEN THOUGHT OF AS

  • A VALUE FOR VALUE EXCHANGE.

  • BUT SINCE PRESIDENT-ELECT TRUMP

  • HAS BEEN ELECTED, SOME PEOPLE

  • WANT TO DEFINE IT TO COVER

  • ROUTINE BUSINESS TRANSACTIONS

  • LIKE PAYING FOR HOTEL ROOMS.

  • THEY SUGGEST THAT THE

  • CONSTITUTION PROHIBITS THE

  • BUSINESSES FROM ARM'S LENGTH

  • TRANSACTIONS THAT THE

  • PRESIDENT-ELECT HAS ABSOLUTELY

  • NOTHING TO DO WITH AND ISN'T

  • EVEN AWARE OF.

  • THESE PEOPLE ARE WRONG.

  • THIS IS NOT WHAT THE

  • CONSTITUTION SAYS.

  • PAYING FOR A HOTEL ROOM IS NOT A

  • GIFT OR A PRESIDENT AND IT HAS

  • NOTHING TO DO WITH AN OFFICE.

  • THE CONSTITUTION DOES NOT

  • REQUIRE PRESIDENT-ELECT TRUMP TO

  • DO ANYTHING HERE.

  • BUT JUST LIKE WITH CONFLICTS OF

  • INTEREST, HE WANTS TO DO MORE

  • THAN WHAT THE CONSTITUTION

  • REQUIRES.

  • THE PRESIDENT-ELECT TRUMP HAS

  • DECIDED AND WE'RE ANNOUNCING

  • TODAY THAT HE'S GOING TO

  • VOLUNTARILY DONATE ALL PROFITS

  • FROM FOREIGN GOVERNMENT PAYMENTS

  • MADE TO HIS HOTELS TO THE UNITED

  • STATES TREASURY.

  • THIS WAY IT IS THE AMERICAN

  • PEOPLE WHO WILL PROFIT.

  • IN SUM, I AND PRESIDENT-ELECT'S

  • OTHER ADVISERS HAVE DETERMINED

  • THE APPROACH WE'VE OUTLINED

  • TODAY WILL AVOID POTENTIAL

  • CONFLICTS OF INTEREST OR

  • CONCERNS REGARDING EXPLOITATION

  • OF THE PRESIDENCY WITHOUT

  • IMPOSING UNREASONABLE LOSSES ON

  • THE PRESIDENT-ELECT AND HIS

  • FAMILY.

  • WE BELIEVE THIS STRUCTURE AND

  • STEPS WILL SERVE TO ESTABLISH

  • PRESIDENT-ELECT'S DESIRE TO BE

  • ISOLATED FROM HIS BUSINESSES AND

  • GIVE THE AMERICAN PEOPLE

  • CONFIDENCE THAT HIS SOLE

  • BUSINESS AND INTEREST IS IN

  • MAKING AMERICA GREAT AGAIN,

  • BRINGING BACK JOBS TO THIS

  • COUNTRY, SECURING OUR BORDERS

  • AND REBUILDING OUR

  • INFRASTRUCTURE.

  • THE AMERICAN PEOPLE WERE WELL

  • AWARE OF PRESIDENT-ELECT'S

  • BUSINESS EMPIRE AND FINANCIAL

  • INTEREST WHEN THEY VOTED.

  • MANY PEOPLE VOTED FOR HIM

  • BECAUSE OF HIS BUSINESS SUCCESS.

  • PRESIDENT-ELECT TRUMP WANTS TO

  • BRING THE SUCCESS TO ALL

  • AMERICANS.

  • THANK YOU.

  • >> Reporter: WHAT IS YOUR

  • RESPONSE TO YOUR CRITICS THAT

  • SAY NOT ONLY YOU BUT ALSO YOUR

  • ABINNOCENT IS FILLED WITH

  • CONFLICTS OF INTEREST AND DO YOU

  • PLAN TO SET AN EXAMPLE IN THE

  • FUTURE TO MAKE SURE THAT YOUR

  • CABINET AND EVERYONE THROUGHOUT

  • YOUR ADMINISTRATION --

  • >> THAT'S A GOOD QUESTION.

  • I REALLY THINK WHEN YOU WATCH

  • WHAT'S GOING ON -- I WAS JUST

  • WATCHING AS AN EXAMPLE, REX

  • TILLERSON, IT'S BRILLIANT WHAT

  • HE'S DOING AND SAYING.

  • I WATCHED YESTERDAY AS YOU KNOW,

  • OUR GREAT SENATOR WHO IS GOING

  • TO BE A GREAT ATTORNEY GENERAL,

  • AND HE WAS BRILLIANT.

  • AND WHAT PEOPLE DON'T KNOW IS

  • THAT HE WAS A GREAT PROSECUTOR

  • AND ATTORNEY GENERAL IN ALABAMA

  • AND HE WAS BRILLIANT YESTERDAY.

  • SO I REALLY THINK THAT THEY

  • ARE -- I THINK WE HAVE ONE OF

  • THE GREAT CABINETS EVER PUT

  • TOGETHER.

  • AND WE'VE BEEN HEARING THAT FROM

  • SO MANY PEOPLE.

  • PEOPLE ARE SO HAPPY.

  • THE CASE OF REX, HE RAN

  • INCREDIBLY EXXONMOBIL.

  • WHEN THERE WAS A FINE, HE WOULD

  • GET IT.

  • WHEN THEY NEEDED SOMETHING, HE

  • WOULD BE THERE.

  • A FRIEND OF MINE WHO IS VERY

  • SUBSTANTIAL IN THE OIL BUSINESS,

  • HAROLD HAMM, HE SAID, THERE'S

  • NOBODY IN THE BUSINESS LIKE REX

  • TILLERSON.

  • THAT'S WHAT WE WANT.

  • THAT'S WHAT I WANT TO BRING TO

  • GOVERNMENT.

  • I WANT TO BRING THE GREATEST

  • PEOPLE INTO GOVERNMENT BECAUSE

  • WE'RE WAY BEHIND.

  • WE DON'T MAKE GOOD DEALS

  • ANYMORE.

  • WE MAKE BAD DEALS.

  • OUR TRADE DEALS ARE A DISASTER.

  • WE HAVE HUNDREDS OF BILLIONS OF

  • DOLLARS OF LOSSES ON A YEARLY

  • BASIS, HUNDREDS OF BILLIONS WITH

  • CHINA ON TRADE AND TRADE

  • IMBALANCE, WITH JAPAN, WITH

  • MEXICO, WITH JUST ABOUT

  • EVERYBODY.

  • WE DON'T MAKE GOOD DEALS

  • ANYMORE.

  • SO WE NEED PEOPLE THAT ARE

  • SMART, WE NEED PEOPLE THAT ARE

  • SUCCESSFUL, AND THEY GOT

  • SUCCESSFUL BECAUSE, GENERALLY

  • SPEAKING, THEY'RE SMART, AND

  • THAT'S WHAT I PUT.

  • I'M PROUD OF THE CABINET.

  • I THINK THEY'RE DOING VERY WELL.

  • IT'S INTERESTING HOW IT'S GOING

  • BUT I THINK THEY'RE DOING VERY

  • VERY WELL.

  • >> Reporter: I WANT TO ASK A FEW

  • QUESTIONS ON OBAMACARE.

  • CAN YOU BE SPECIFIC ON WHAT

  • GUIDE TANS YOU'RE GIVING

  • CONGRESSIONAL REPUBLICANS ON THE

  • TIME LINE FOR REPEAL AND

  • REPLACE, WHETHER IT NEEDS TO BE

  • SIMULTANEOUS --

  • >> FINALLY OBAMACARE.

  • I THOUGHT IT WAS NEVER GOING TO

  • BE ASKED.

  • >> Reporter: I ALSO WANT TO ASK

  • IF YOU'VE OUTLINED A PLAN FOR

  • THE REPLACEMENT, WILL IT

  • GUARANTEE CONCH FOR THOSE WHO

  • HAVE GOTTEN COVERAGE --

  • >> YOU'RE GOING TO BE VERY VERY

  • PROUD OF WHAT WE PUT FORTH

  • HAVING TO DO WITH HEALTH CARE.

  • OBAMACARE IS A COMPLETE AND

  • TOTAL DISASTER.

  • THEY CAN SAY WHAT THEY WANT,

  • THEY CAN GUIDE YOU ANY WAY THEY

  • WANT TO GUIDE YOU.

  • IN SOME CASES THEY GUIDE YOU

  • INCORRECTLY.

  • IN MOST CASES YOU REALIZE WHAT'S

  • HAPPENING.

  • IT'S IMPLODING, AS WE SAID.

  • SOME STATES HAVE OVER 100%

  • INCREASE AND 17 -- AND I SAID

  • THIS TWO YEARS AGO.

  • '17 IS GOING TO BE THE BAD YEAR.

  • IT'S GOING TO BE CATASTROPHIC.

  • FRANKLY WE COULD SIT BACK -- AND

  • IT WAS A THOUGHT FROM A

  • POLITICAL STANDPOINT BUT IT

  • WOULDN'T BE FAIR TO THE PEOPLE.

  • WE COULD SIT BACK AND WAIT AND

  • WATCH AND CRITICIZE AND WE COULD

  • BE A CHUCK SCHUMER AND SIT BACK

  • AND CRITICIZE IT AND PEOPLE

  • WOULD COME, THEY WOULD COME

  • BEGGING TO US, PLEASE, WE HAVE

  • TO DO SOMETHING ABOUT OBAMACARE.

  • WE DON'T WANT TO OWN IT.

  • WE DON'T WANT TO OWN IT

  • POLITICALLY.

  • THEY OWN IT RIGHT NOW.

  • SO THE EASIEST THING WOULD BE TO

  • RHETT IT IMPLODE IN '17 AND

  • BELIEVE ME WE WOULD GET WHATEVER

  • WE WANTED BUT IT WOULD TAKE A

  • LONG TIME.

  • WE'RE GOING TO BE SUBMITTING, AS

  • SOON AS OUR SECRETARY IS

  • APPROVED, ALMOST SIMULTANEOUSLY,

  • SHORTLY THEREAFTER, A PLAN.

  • IT WILL BE REPEAL AND REPLACE.

  • IT WILL BE ESSENTIALLY

  • SIMULTANEOUSLY.

  • IT WILL BE VARIOUS SEGMENTS, YOU

  • UNDERSTAND, BUT WILL MOST LIKELY

  • BE ON THE SAME KAYDAY OR THE SA

  • WEEK, COULD BE THE SAME HOUR.

  • WE'RE GOING TO DO REPEAL AND

  • REPLACE.

  • VERY COMPLICATED STUFF.

  • AND WE'RE GOING TO GET A HEALTH

  • BILL PASSED, WE'RE GOING TO GET

  • HEALTH CARE TAKEN CARE OF IN

  • THIS COUNTRY.

  • YOU HAVE DEDUCTIBLES THAT ARE SO

  • HIGH THAT AFTER PEOPLE GO BROKE

  • PAYING THEIR PREMIUMS, WHICH ARE

  • GOING THROUGH THE ROOF, THE

  • HEALTH CARE CAN'T EVEN BE USED

  • BY THEM BECAUSE THE DEDUCTIBLES

  • ARE SO HIGH.

  • OBAMACARE IS THE DEMOCRATS'

  • PROBLEM.

  • WE'RE GOING TO TAKE THE PROBLEM

  • OFF OF THE SHELVES FOR THEM.

  • WE'RE DOING THEM A TREMENDOUS

  • SERVICE BY DOING IT.

  • WE COULD SIT BACK AND LET THEM

  • HANG WITH IT.

  • WE ARE DOING THE DEMOCRATS A

  • GREAT SERVICE.

  • SO SOOAS SOON AS SECRETARY IS

  • APPROVED AND GETS INTO THE

  • OFFICE, WE'LL BE FILING A PLAN.

  • AND IT WAS ACTUALLY PRETTY

  • ACCURATELY REPORTED TODAY, THE

  • "THE NEW YORK TIMES," AND THE

  • PLAN WILL BE REPEAL AND REPLACE

  • OBAMACARE.

  • WE'RE GOING TO HAVE A HEALTH

  • CARE THAT IS FAR LESS EXPENSIVE

  • AND FAR BETTER.

  • OKAY.

  • >> Reporter: PRESIDENT-ELECT

  • TRUMP, WHEN YOU LOOK AT ALL OF

  • THE MEETINGS THAT YOU'VE HAD

  • WITH CARRIER, AN ALIBABA, DO YOU

  • CONCEIVE MAKING THIS A PROGRAM

  • INSIDE OF COMMERCE AND THEN HOW

  • SOON WILL WE SEE THE PROGRAM ON

  • CAPITAL REPATRIATION AND

  • CORPORATE TAX CUTS.

  • >> IF I CAN SAVE JOBS -- I WAS

  • DOING INDIVIDUAL COMPANIES.

  • ADMINISTR

  • AND PEOPLE SAID, THAT'S JUST ONE

  • COUNTY.

  • WE SAVED CLOSE TO 1,000 JOBS.

  • THEY WERE GONE AND MIKE PENCE

  • AND HIS STAFF REALLY HELPED AUSA

  • LOT.

  • THEY ANNOUNCED A YEAR AND A HALF

  • AGO THEY WERE LEAVING.

  • IT'S ALWAYS A LITTLE TOUGHER

  • WHEN THEY ANNOUNCE THEY'RE

  • BUILDING A PLANT.

  • SO I WANT TO THANK UNITED

  • TECHNOLOGIES.

  • WE'VE BEEN MEETING WITH A LOT OF

  • COMPANIES.

  • YOU WANT TO MOVE YOUR PLANT TO

  • MEXICO OR SOME OTHER PLACE, AND

  • YOU WANT TO FIRE ALL OF YOUR

  • WORKERS FROM MICHIGAN AND OHIO

  • AND ALL THESE PLACES THAT I WON,

  • FOR GOOD REASON, IT'S NOT GOING

  • TO HAPPEN THAT WAY ANYMORE.

  • YOU WANT TO MOVE YOUR PLANT, AND

  • YOU THINK, AS AN EXAMPLE, YOU'RE

  • GOING TO BUILD THAT PLANT IN

  • MEXICO, AND YOU'RE GOING TO MAKE

  • YOUR AIR CONDITIONERS OR YOUR

  • CARS OR WHATEVER YOU'RE MAKING,

  • AND YOU'RE GOING TO SELL IT

  • THROUGH WHAT WILL BE A VERY,

  • VERY STRONG BORDER, NOT A WEAK

  • BORDER -- WE DON'T EVEN HAVE A

  • BORDER.

  • IT'S AN OPEN SIEVE.

  • BUT YOU WILL SELL THROUGH A

  • STRONG BORDER, NOT GOING TO

  • HAPPEN.

  • YOU'RE GOING TO PAY A VERY LARGE

  • BORDER TAX.

  • SO IF YOU WANT TO MOVE TO

  • ANOTHER COUNTRY AND FIRE ALL OUR

  • GREAT AMERICAN WORKERS THAT GOT

  • YOU THERE IN THE FIRST PLACE,

  • YOU CAN MOVE FROM MICHIGAN TO

  • TENNESSEE AND TO NORTH CAROLINA

  • AND SOUTH CAROLINA, YOU CAN MOVE

  • FROM SOUTH CAROLINA BACK TO

  • MICHIGAN, YOU CAN GO ANYWHERE.

  • YOU'VE GOT A LOT OF STATES AT

  • PLAY, A LOT OF COMPETITION.

  • SO IT'S NOT LIKE, OH, GEE, I'M

  • TAKING THE COMPETITION.

  • YOU'VE GOT A LOT OF PLACES YOU

  • CAN MOVE, AND I DON'T CARE, AS

  • LONG AS IT'S BEEN THE BORDERS OF

  • THE UNITED STATES.

  • THERE WILL BE A MAJOR BORDER TAX

  • ON THESE COMPANIES THAT ARE

  • LEAVING AND GETTING AWAY WITH

  • MURDER, AND IF OUR POLITICIANS

  • HAD WHAT IT TAKES, THEY WOULD

  • HAVE DONE THIS YEARS AGO, AND

  • YOU WOULD HAVE MILLIONS MORE

  • WORKERS RIGHT NOW IN THE UNITED

  • STATES THAT ARE 96 MILLION

  • REALLY WANT AGO JOB AND THEY

  • CAN'T GET, YOU KNOW THAT STORY,

  • THE REAL NUMBER.

  • THAT'S THE REAL NUMBER.

  • SO THAT'S THE WAY IT IS.

  • OKAY.

  • GO AHEAD.

  • >> I HAVE A QUESTION ABOUT THE

  • SUPREME COURT AND THE BORDER

  • SECURITY.

  • >> YES.

  • BUT I ALSO WANT TO ASK YOU

  • ABOUT SOMETHING YOU SAID ON

  • TWITTER THIS MORNING.

  • ARE WE LIVING IN NAZI GERMANY?

  • WHAT WERE YOU DRIVING AT THERE?

  • DO YOU HAVE A PROBLEM WITH THE

  • INTELLIGENCE COMMUNITY?

  • AND THE SUPREME COURT, WHAT'S

  • YOUR TIME LINE?

  • YOU SAID A WHILE AGO YOU'RE DOWN

  • TO FOUR.

  • HAVE YOU CONDUCTED THE

  • INTERVIEWS YET?

  • WHAT'S YOUR TIME LINE FOR

  • NOMINATING?

  • AND ON THE BORDER FENCE, IT'S

  • NOW APPEARING CLEAR THE U.S.

  • TAXPAYERS WILL HAVE TO PAY FOR

  • IT UP FRONT.

  • WHAT'S YOUR PLAN TO GET MEXICO

  • TO PAY FOR IT?

  • >> DO YOU HDO YOU HAVE ANY MORE?

  • ( LAUGHTER )

  • IT'S NOT A FENCE.

  • IT'S A WALL.

  • YOU JUST MISREPORTED IT.

  • WE'RE GOING TO BUILD A WAR.

  • I COULD WAIT A YEAR AND A HALF

  • TILL WE FINISH OUR NEGOTIATIONS

  • WITH MEXICO WHICH WILL START

  • IMMEDIATELY AFTER WE GET TO

  • OFFICE, BUT I DON'T WANT TO

  • WAIT.

  • MIKE PENCE IS LEADING AN EFFORT

  • TO GET FINAL APPROVALS THROUGH

  • VARIOUS AGENCIES AND THROUGH

  • CONGRESS FOR THE WALL TO BEGIN.

  • I DON'T FEEL LIKE WAIT AGO YEAR

  • OR YEAR AND A HALF.

  • WE'RE GOING TO START BUILDING.

  • MEXICO IN SOME FORM -- AND THERE

  • ARE MANY DIFFERENT FORMS -- WILL

  • REIMBURSE US, AND THEY WILL

  • REIMBURSE US FOR THE COST OF THE

  • WALL.

  • THAT WILL HAPPEN, WHETHER IT'S A

  • TAX OR WHETHER IT'S A PAYMENT,

  • PROBABLY LESS LIKELY THAN IT'S A

  • PAYMENT, BUT IT WILL HAPPEN.

  • BUT REMEMBER THIS, OKAY, I WOULD

  • SAY WE ARE GOING TO BUILD A

  • WALL, AND PEOPLE WOULD GO CRAZY.

  • I WOULD THEN SAY WHO'S GOING TO

  • PAY FOR THE WALL?

  • AND PEOPLE WOULD ALL SCREAM OUT,

  • 25,000, 30,000 PEOPLE, BECAUSE

  • NOBODY'S EVER HAD CROWDS LIKE

  • TRUMP HAS HAD, YOU KNEE THAT,

  • YOU DON'T LIKE TO REPORT THAT,

  • BUT THAT'S OKAY.

  • OKAY, NOW HE AGREES.

  • FINALLY HE AGREES.

  • ( LAUGHTER )

  • BUT I SAY WHO WILL PAY FOR THE

  • WALL?

  • AND THEY WILL SCREAM OUT,

  • MEXICO.

  • NOW, REPORTS WENT OUT LAST WEEK,

  • OH, MEXICO'S NOT GOING TO PAY

  • FOR THE WALL BECAUSE OF A

  • REIMBURSEMENT.

  • WHAT'S THE DIFFERENCE?

  • I WANT TO GET THE WALL STARTED.

  • I DON'T WANT TO WAIT A YEAR AND

  • A HALF TILL I MAKE MY DEAL WITH

  • MEXICO.

  • AND WE PROBABLY WILL HAVE A DEAL

  • SOONER THAN THAT.

  • AND BY THE WAY, MEXICO HAS BEEN

  • SO NICE, SO NICE.

  • I RESPECT THE GOVERNMENT OF

  • MEXICO.

  • I RESPECT THE PEOPLE OF MEXICO.

  • I LOVE THE PEOPLE OF MEXICO.

  • I HAVE MANY PEOPLE FROM MEXICO

  • WORKING FOR ME, THEY'RE

  • PHENOMENAL PEOPLE.

  • THE GOVERNMENT OF MEXICO IS

  • TERRIFIC.

  • I DON'T BLAME THEM FOR WHAT'S

  • HAPPENED.

  • I DON'T BLAME THEM FOR TAKING

  • ADVANTAGE OF THE UNITED STATES.

  • I WISH OUR POLITICIANS WERE SO

  • SMART.

  • MEXICO HAS TAKEN ADVANTAGE OF

  • THE UNITED STATES.

  • I DON'T BLAME THE

  • REPRESENTATIVES AND VARIOUS

  • PRESIDENTS, ET CETERA, OF

  • MEXICO.

  • WHAT I SAY IS WE SHOULDN'T HAVE

  • ALLOWED THAT TO HAPPEN.

  • IT'S NOT GOING TO HAPPEN

  • ANYMORE.

  • SO IN ORDER TO GET THE WALL

  • STARTED, MEXICO WILL PAY FOR THE

  • WALL, BUT IT WILL BE REIMBURSED.

  • OKAY?

  • SUPREME COURT JUDGE.

  • SO, AS YOU KNOW, I HAVE A LIST

  • OF 20.

  • I'VE GONE THROUGH THEM.

  • WE'VE MET WITH NUMEROUS

  • CANDIDATES.

  • THEY'RE OUTSTANDING IN EVERY

  • CASE.

  • THEY WERE LARGELY RECOMMENDED

  • AND HIGHLY RECOMMENDED BY

  • FEDERALIST SOCIETY.

  • JIM DeMINT WAS ALSO VERY MUCH

  • INVOLVED IN THIS GROUP WHICH IS

  • FANTASTIC AND HE'S A FANTASTIC

  • GUY.

  • SO BETWEEN LEO AND JIM DeMINT

  • AND SOME SENATORS AND CONGRESS

  • PEOPLE, WE HAVE A GREAT GROUP OF

  • PEOPLE.

  • I WILL BE MAKING THE DECISION ON

  • WHO WE WILL PUT UP FOR JUSTICE

  • OF THE UNITED STATES SUPREME

  • COURT, A REPLACEMENT FOR THE

  • GREAT, GREAT JUSTICE SCALIA.

  • THAT WILL BE PROBABLY WITHIN TWO

  • WEEKS OF THE 20th.

  • SO WITHIN ABOUT TWO WEEKS,

  • PROBABLY THE SECOND WEEK, I

  • CONSIDER THE FIRST DAY, BECAUSE

  • WE'LL ALSO BE DOING SOME PRETTY

  • GOOD SIGNINGS, AND I THINK WHAT

  • WE'LL DO IS WE'LL WAIT TILL

  • MONDAY, THAT WILL BE OUR REALLY

  • FIRST BUSINESS DAY AS OPPOSED TO

  • DOING IT ON FRIDAY BECAUSE, ON

  • FRIDAY, PEOPLE ARE GOING TO HAVE

  • A VERY GOOD TIME AT THE

  • INAUGURATION AND THEN, SATURDAY,

  • AS YOU KNOW, WE'RE HAVING A BIG

  • CHURCH SERVICE AND LOTS OF GOOD

  • THINGS ARE HAPPENING.

  • SO OUR FIRST DAY, AND YOU WILL

  • ALL BE INSI IN-- INVITED TO THE

  • SIGNINGS, BUT WE WILL BE DOING

  • GOOD SIGNINGS MONDAY THROUGH

  • FRIDAY AND THE NEXT WEEK, AND

  • YOU'RE ALL INVITED.

  • BUT ON THE SUPREME COURT, I WILL

  • BE MAKING THAT DECISION, AND IT

  • WILL BE A DECISION WHICH I VERY

  • STRONGLY BELIEVE IN.

  • I THINK IT'S ONE OF THE REASONS

  • I GOT ELECTED.

  • I THINK THE PEOPLE OF THIS

  • COUNTRY DID NOT WANT TO SEE WHAT

  • WAS HAPPENING WITH THE SUPREME

  • COURT, SO I THINK IT WAS A VERY,

  • VERY BIG DECISION AS TO WHY I

  • WAS ELECTED.

  • >> THE TWEET YOU HAD THIS

  • MORNING ABOUT ARE WE LIVING IN

  • NAZI GERMANY, WHAT WERE YOU

  • DRIVING AT THIS?

  • >> I THINK IT WAS DISGRACEFUL

  • THAT THE INTELLIGENCE AGENCIES

  • ALLOWED ANY INFORMATION THAT

  • TURNED OUT TO BE SO FALSE AND

  • FAKE OUT.

  • I THINK IT'S A DISGRACE, AND I

  • SAY THAT, AND I SAY THAT, AND

  • THAT'S SOMETHING THAT NAZI

  • GERMANY WOULD HAVE DONE AND DID

  • DO.

  • I THINK IT'S A DISGRACE THAT

  • INFORMATION THAT WAS FALSE AND

  • FAKE AND NEVER HAPPENED GOT

  • RELEASED TO THE PUBLIC.

  • AS FAR AS BuzzFeed, WHICH IS A

  • FAILING PILE OF GARBAGE, WRITING

  • IT, I THINK THEY ARE GOING TO

  • SUFFER THE CONSEQUENCES, THEY

  • ALREADY ARE, AND AS FAR AS CNN

  • GOING OUT OF THEIR WAY TO BUILD

  • IT UP -- AND BY THE WAY, WE JUST

  • FOUND OUT, I WAS COMING DOWN,

  • MICHAEL COHN IS A VERY TALENTED,

  • GOOD LAWYER IN MY FIRM AND IT

  • WAS JUST REPORTED IT'S NOT THIS

  • MICHAEL COHN WE'RE TALKING

  • ABOUT.

  • ALL NIGHT LONG IT'S MICHAEL

  • COHN.

  • I SAID I WANT TO SEE YOUR

  • PASSPORT.

  • HE BRINGS HIS PASSPORT TO MY

  • OFFICE.

  • I SAID, HE DIDN'T LEAVE THE

  • COUNTRY.

  • THEY HAD MICHAEL COHN OF THE

  • TRUMP ORGANIZATION WAS IN

  • PRAGUE.

  • IT TURNED OUT TO BE A DIFFERENT

  • MICHAEL COHN.

  • IT'S A DISGRACE WHAT TOOK PLACE,

  • AND I THINK THEY OUGHT TO

  • APOLOGIZE TO START WITH, MICHAEL

  • COHN.

  • >> MR. PRESIDENT-ELECT, SINCE

  • YOU ARE ATTACKING OUR NEWS

  • ORGANIZATION --

  • >> NOT YOU.

  • NOT YOU.

  • YOUR ORGANIZATION IS TERRIBLE.

  • YOUR ORGANIZATION IS TERRIBLE.

  • >> LET ME ASK THE QUESTION SIR.

  • GO AHEAD.

  • SIR.

  • GO AHEAD.

  • MR. PRESIDENT-ELECT.

  • SHE'S ASKING A QUESTION,

  • DON'T BE RUDE.

  • >> CAN YOU GIVE US A QUESTION?

  • DON'T BE RUDE.

  • NO, I'M NOT GOING TO GIVE YOU A

  • QUESTION.

  • YOU ARE FAKE NEWS.

  • >> MR. PRESIDENT-ELECT, THAT'S

  • NOT PREEPT.

  • >> GO AHEAD.

  • PRESIDENT OBAMA WENT TOO FAR

  • WITH THE SANCTIONS HE PUT ON

  • RUSSIA AFTER THE HACKING --

  • >> I DON'T SAY HE WENT TOO FAR.

  • WELL, YOU ROLLED THEM BACK

  • AND WHAT DO YOU THINK ABOUT

  • LINDSLINDSEY GRAHAM'S PLAN TO SD

  • YOU BILL FOR TOUGHER SANCTIONS.

  • >> I HAVEN'T HEARD LINDSEY

  • GRAHAM IS GOING TO DO THAT.

  • LINDSEY GRAHAM -- I HAVE BEEN

  • COMPETING WITH HIM FOR A LONG

  • TIME.

  • HE'S GOING TO CRACK THAT ONE

  • PERCENT BARRIER ONE DAY.

  • ( LAUGHTER )

  • I DIDN'T REALIZE LINDSEY

  • GRAHAM'S STILL AT IT.

  • SORRY.

  • I THINK LINDSEY GRAHAM'S A NICE

  • GUY, ACTUALLY.

  • I'VE HEARD HE'S A NICE GUY AND I

  • HAVE BEEN HEARING IT.

  • I HAVE BEEN HEARING IT.

  • GO AHEAD.

  • GO AHEAD.

  • YOU HAVE BEEN WAITING.

  • GO AHEAD.

  • >> AS FAR AS WE UNDERSTAND, THE

  • INTELLIGENCE COMMUNITY --

  • >> STAND UP, PLEASE.

  • -- EMBAND FROM BBC NEWS.

  • >> Reporter: BBC NEWS, ANOTHER

  • BEAUTY.

  • >> THANK YOU.

  • FARCE WE UNDERSTAND, THE

  • INTELLIGENCE COMMUNITY ARE STILL

  • LOOKING AT THESE ALLEGATIONS AS

  • FALSE NEWS, AS YOU DESCRIBE IT.

  • IF THEY COME BACK IN ANY KIND OF

  • CONCLUSION THAT ANY OF IT STANDS

  • UP, THAT ANY OF IT IS TRUE, WILL

  • YOU CONSIDER YOUR POSITION?

  • >> Reporter: THERE IS NOTHING

  • THEY CAN COME BACK WITH.

  • YES, YES, GO AHEAD.

  • GO AHEAD.

  • >> -- DECISION OF PUBLISH FAKE

  • NEWS AND ALL THE PROBLEMS IN THE

  • MEDIA OVER THE COURSE OF THE

  • ELECTION, WHAT REFORMS DO YOU

  • RECOMMEND FOR THIS INDUSTRY

  • HERE?

  • >> WELL, I DON'T RECOMMEND

  • REFORMS.

  • I REMEMBER PEOPLE THAT HAVE COME

  • MORAL COMPASS.

  • I HAVE BEEN HEARING MORE AND

  • MORE ABOUT A THING CALLED FAKE

  • NEWS AND THEY'RE TALKING ABOUT

  • PEOPLE WHO GO AND SAY ALL SORTS

  • OF THINGS, BUT I WILL TELL YOU

  • SOME OF THE MEDIA OUTLETS I DEAL

  • WITH ARE FAKE NEWS, MORE SO THAN

  • ANYBODY.

  • I COULD NAME THEM BUT I WON'T

  • BOTHER.

  • YOU HAVE A FEW SITTING RIGHT IN

  • FRONT OF US.

  • SO THEY'RE VERY, VERY DISHONEST

  • PEOPLE, BUT IT'S SOMETHING WE'RE

  • JUST GOING TO HAVE TO LIVEY.

  • I GUESS THE ADVANTAGE I HAVE IS

  • I CAN SPEAK BACK.

  • WHEN IT HAPPENS TO SOMEBODY THAT

  • DOESN'T HAVE THIS -- DOESN'T

  • HAVE THAT KIND OF MEGA PHONE,

  • THEY CAN'T SPEAK BACK.

  • I'VE SEEN PEOPLE ABSOLUTELY

  • DESTROYED, AND I THINK IT'S VERY

  • UNFAIR.

  • SO ALL I CAN ASK FOR IS HONEST

  • REPORTERS.

  • YES.

  • >> ONE FOLLOW-UP ON THE

  • QUESTIONS ABOUT THE U.S.

  • INTELLIGENCE COMMUNITY, I WANT

  • TO BE CLEAR ABOUT WHAT YOU'RE

  • SAYING, DO YOU TRUST YOUR U.S.

  • INTELLIGENCE OFFICIALS AND WHAT

  • DO YOU SAY TO FOREIGN POLICY

  • EXPERTS WHO SAY YOU'RE WEAKENING

  • NATIONAL SECURITY BY WAGING THIS

  • WAR OF WORDS AGAINST THAT

  • COMMUNITY?

  • >> INTELLIGENCE AGENCIES ARE

  • VITAL AND VERY, VERY IMPORTANT.

  • WE ARE GOING TO BE PUTTING IN,

  • AS YOU KNOW, MR. POMPEO AND

  • OTHERS, YOU KNOW THE SENATOR DAN

  • COATES, WE WILL BE PUTTING IN

  • OUTSTANDING PEOPLE.

  • WITHIN 90 DAYS, THEY ARE GOING

  • TO BE COMING BACK TO ME WITH A

  • MAJOR REPORT ON HACKING.

  • I WANT THEM TO COVER THIS

  • SITUATION.

  • I ALSO WANT THEM TO COVER, MAYBE

  • MOST IMPORTANTLY -- BECAUSE

  • WE'RE HACKED BY EVERYBODY.

  • YOU KNOW, THE UNITED STATES, OUR

  • GOVERNMENT, OUT OF A LIST OF 17

  • IN TERMS OF INDUSTRIES, IS THE

  • WORST.

  • IT'S NUMBER 17 IN TERMS OF

  • PROTECTION.

  • IF YOU LOOK AT THE RETAIL

  • INDUSTRY, THE BANKING INDUSTRY,

  • VARIOUS INDUSTRIES, OUT OF 17

  • INDUSTRIES, THEY PUT THIS IN THE

  • CAEGORY OF AN INDUSTRY, THE

  • UNITED STATES IS LAST IN TERMS

  • OF PROTECTING -- LET'S SAY

  • HACKING DEFENSE.

  • WE HAD A GREAT HACK DEFENSE AT

  • THE REPUBLICAN NATIONAL

  • COMMITTEE, THAT'S WHY WE WEREN'T

  • HACKED.

  • BY THE WAY, WE WERE TOLD THEY

  • WERE TRYING TO HACK US, BUT THEY

  • WEREN'T ABLE TO HACK AND I THINK

  • I GOT SOME CREDIT BECAUSE I TOLD

  • REINCE AND REINCE DID A

  • PHENOMENAL JOB.

  • BUT I TOLD REINCE, I WANT STROKE

  • HACKING DEFENSE.

  • THE DEMOCRATIC NATIONAL

  • COMMITTEE DIDN'T DO THAT, MAYBE

  • THAT'S WHY THE COUNTRY RUNS SO

  • BADLY THAT WAY.

  • WAIT, LET ME FINISH.

  • WITHIN 90 DAYS, WE WILL BE

  • COMING UP WITH A MAJOR REPORT ON

  • HACKING DEFENSE.

  • HOW DO WE STOP THIS NEW

  • PHENOMENON, FAIRLY NEW

  • PHENOMENON?

  • BECAUSE THE UNITED STATES IS

  • HACKED BY EVERYBODY, THAT

  • INCLUDES RUSSIA AND CHINA AND

  • EVERYBODY, EVERYBODY.

  • OKAY.

  • GO AHEAD.

  • >> MR. PRESIDENT-ELECT, YOU SAID

  • JUST NOW THAT YOU BELIEVE THAT

  • RUSSIA INDEED WAS RESPONSIBLE

  • FOR THE HACKING OF THE D.N.C.

  • AND JOHN PODESTA'S E-MAILS,

  • ET CETERA --

  • >> BUT COULD HAVE BEEN OTHERS,

  • ALSO.

  • >> BUT WHY DID YOU SPEND WEEKS

  • UNDERMINING U.S. INTELLIGENCE

  • COMMUNITY BEFORE GETTING THE

  • FACT AND THEN MAKING A

  • STATEMENT.

  • >> I THINK IT'S SAD WHEN

  • INTELLIGENCE REPORTS GET LEAKED

  • TO THE PRESS.

  • FIRST OF ALL, IT'S ILLEGAL.

  • THESE ARE CLASSIFIED AND

  • CERTIFIED MEETINGS AND REPORTS.

  • I'LL TELL YOU WHAT DOES HAPPEN,

  • I HAVE MANY MEETINGS WITH

  • INTELLIGENCE, AND EVERY TIME I

  • MEET, PEOPLE ARE READING ABOUT

  • IT.

  • SOMEBODY'S LEAKING IT OUT.

  • SO MAYBE IT'S MY OFFICE, MAYBE

  • MY OFFICE, BECAUSE I HAVE A LOT

  • OF PEOPLE, A LOT OF GREAT

  • PEOPLE, MAYBE IT'S THEM, SO WHAT

  • I DID IS I SAID, I'M GOING TO

  • HAVE A MEETING AND I WON'T TELL

  • ANYBODY ABOUT MY MEETING WITH

  • INTELLIGENCE.

  • WHAT HAPPENED IS I HAD MY

  • MEETING, NOBODY KNEW, NOT EVEN

  • RONA, MY EXECUTIVE ASSISTANT FOR

  • YEARS, SHE DIDN'T KNOW, I DIDN'T

  • TELL HER, NOBODY KNEW.

  • THE MEETING WAS HAD, THE MEETING

  • WAS OVER, THEY LEFT, AND

  • IMMEDIATELY THE WORD GOT OUT

  • THAT I HAD A MEETING.

  • SO I DON'T WANT THAT.

  • I DON'T WANT THAT.

  • IT'S VERY UNFAIR TO THE COUNTRY.

  • IT'S VERY UNFAIR TO OUR COUNTRY

  • WHAT'S HAPPENED.

  • THAT REPORTS SHOULD HAVE

  • NEVER -- FIRST OF ALL, IT

  • SHOULDN'T HAVE BEEN PRINTED

  • BECAUSE IT'S NOT WORTH THE PAPER

  • IT'S PRINTED ON AND I THANK THE

  • "NEW YORK TIMES" AND A LOT OF

  • DIFFERENT PEOPLE FOR SAYING

  • THAT, BUT I WILL TELL YOU THAT

  • SHOULD NEVER EVER HAPPEN.

  • OKAY.

  • >> THANK YOU,

  • MR. PRESIDENT-ELECT.

  • CAN YOU STAND HERE TODAY, ONCE

  • AND FOR ALL, AND SAY THAT NO ONE

  • CONNECT CANNED TO YOU OR YOUR

  • CAMPAIGN HAD ANY CONTACT WITH

  • RUSSIA LEADING UP TO OR DURING

  • THE PRESIDENTIAL CAMPAIGN, AND

  • IF YOU, INDEED, DO BELIEVE THAT

  • RUSSIA WAS BLIND THE HACKING --

  • BEHIND THE HACKING, WHAT IS YOUR

  • MESSAGE TO VLADIMIR PUTIN RIGHT

  • NOW?

  • >> HE SHOULDN'T BE DOING IT, HE

  • WON'T BE DOING IT.

  • RUSSIA WILL HAVE MUCH GREATER

  • RESPECT FOR OUR COUNTRY WHEN I'M

  • LEADING IT THAN WHEN OTHER

  • PEOPLE HAVE LED IT.

  • YOU WILL SEE THAT.

  • RUSSIA WILL RESPECT OUR COUNTRY

  • MORE.

  • HE SHOULDN'T HAVE DONE IT, I

  • DON'T BELIEVE HE'LL BE DOING IT

  • MORE NOW.

  • WE HAVE TO WORK SOMETHING OUT,

  • BUT IT'S NOT JUST RUSSIA.

  • TAKE A LOOK AT WHAT'S HAPPENED.

  • YOU DON'T REPORT IT THE SAME

  • WAY.

  • 22 MILLION ACCOUNTS WERE HACKED

  • IN THIS COUNTRY BY CHINA, AND

  • THAT'S BECAUSE WE HAVE NO

  • DEFENSE.

  • THAT'S BECAUSE WE'RE RUN BY

  • PEOPLE THAT DON'T KNOW WHAT

  • THEY'RE DOING.

  • RUSSIA WILL HAVE FAR GREATER

  • RESPECT FOR OUR COUNTRY WHEN I'M

  • LEADING IT, AND I BELIEVE -- AND

  • I HOPE -- MAYBE IT WON'T HAPPEN,

  • IT'S POSSIBLE, BUT I WON'T BE

  • GIVEN A LITTLE RESET BUTTON LIKE

  • HILLARY -- HERE, PRESS THIS

  • PIECE OF PLASTIC, GUY LOOKED AT

  • HER LIKE WHAT'S SHE DOING?

  • THERE'S NO RESET BUTTON.

  • WE'RE GOING TO GET ALONG OR NOT.

  • I HOPE WE GET ALONG, BUT THAT'S

  • POSSIBLE, TOO.

  • RUSSIA AND OTHER COUNTRIES

  • INCLUDING CHINA WHO'S TAKEN

  • TOTAL ADVANTAGE OF US

  • ECONOMICALLY, TOTAL ADVANTAGE OF

  • US IN THE SOUTH CHINA SEA BY

  • BUILDING THEIR MASSIVE FORTRESS,

  • TOTAL, RUSSIA, CHINA, JAPAN,

  • MEXICO, ALL COUNTRIES WILL

  • RESPECT US FAR MORE, FAR MORE

  • THAN THEY DO UNDER PAST

  • ADMINISTRATIONS.

  • I WANT TO THANK EVERYBODY.

  • SO THIS IS ALL, JUST SO YOU

  • UNDERSTAND, THESE PAPERS --

  • BECAUSE I'M NOT SURE THAT WAS

  • EXPLAINED PROPERLY -- BUT THESE

  • PAPERS ARE ALL JUST A PIECE OF

  • THE MANY, MANY COMPANIES THAT

  • ARE BEING PUT INTO TRUST TO BE

  • RUN BY MY TWO SONS, AND I HOPE

  • AT THE END OF EIGHT YEARS I'LL

  • COME BACK AND SAY, OH, YOU DID A

  • GOOD JOB.

  • OTHERWISE, IF THEY DID A BAD

  • JOB, I'LL SAY, YOU'RE FIRED.

  • GOODBYE, EVERYBODY.

  • GOODBYE.

  • ( APPLAUSE )

  • >> SIR, YOU DID NOT ANSWER

  • WHETHER ANY OF YOUR ASSOCIATES

  • WERE IN CONTACT WITH THE

  • RUSSIANS --

  • >> PRESIDENT-ELECT AND HIS FIRST

  • NEWS CONFERENCE SINCE THE

  • ELECTION WAS HELD.

  • HE SAID CLEARLY THAT WITH

  • RESPECT TO THIS INFORMATION

  • THAT'S OUT THAT HE DOESN'T

  • BELIEVE IT, IT NEVER HAPPENED,

  • THE THINGS THAT ARE SUGGESTED,

  • AND SUGGESTED AT THE SAME TIME,

  • THAT HE DOES ACCEPT THE IDEA

  • THAT RUSSIA AND CHINA HACKS.

  • >> THAT'S RIGHT.

  • TO BE CLEAR AGAIN, HE'S TALKING

  • ABOUT WHAT APPEARED ON THE

  • INTERNET, WHICH ISN'T REALLY THE

  • MAIN QUESTION, THE QUESTION IS

  • WHAT DID THE INTELLIGENCE

  • AGENCIES TELL HIM AND WHAT DID

  • HE BELIEVE ABOUT THAT AND HE

  • SAID HE DIDN'T WANT TO TALK

  • ABOUT IT BECAUSE IT WAS

  • CLASSIFIED.

  • HE DID SAY THE INTELLIGENCE

  • AGENCIES WERE WRONG TO HAVE

  • LEAKED WHAT THEY HAD LEAKED.

  • WHEN ASKED DIRECTLY, HE SAID

  • THAT HE HAD RESPECT FOR THE

  • INTELLIGENCE AGENCIES.

  • SO THAT WAS ONGOING.

  • IT WAS PRETTY WIDE RANGING.

  • HE AT ONE POINT SEEMED TO SHUT

  • DOWN ALL GLOBALISM WHEN HE SAID

  • ANY U.S. COUNTRY WHO WANTS TO

  • PUT A FACTORY OUTSIDE THE UNITED

  • STATES WILL BE FINED HEAVILY.

  • THAT'S A REPETITION OF A POLICY

  • BEFORE BUT MORE SWEEPING.

  • HE SAID HIS REPEAL AND REPLACE

  • ON ObamaCare WILL BE FAR LESS

  • EXPENSIVE AND FAR BETTER.

  • THAT'S A REALLY HIGH BAR TO DO

  • AS FAST AS HE SAYS IT'S GOING TO

  • BE DONE.

  • SO THOSE WERE TWO BIG,

  • NOTICEABLE -- AND, OBVIOUSLY,

  • THE OTHER BEING HIS ARRANGEMENT

  • FOR HIS CANNES COMPANIES WITH

  • HIS CHILDREN, THE PRETTY

  • EXTENSIVE MEASURES HE'S TAKEN.

  • IT WILL TAKE A COUPLE OF DAYS TO

  • SORT OF DIGEST ALL OF THEM AND

  • SEE IF THEY ARE AS ROBUST AS HE

  • CLAIMS.

  • BUT THAT WAS A BIG PART OF

  • THE --

  • >> ON HIS BUSINESS INTEREST, THE

  • LAWYER, SHERRY DILLON, SAID HE

  • WILL COMPLETELY ISOLATE HIMSELF

  • FROM THE TRUMP ORGANIZATION,

  • THERE WILL BE NO NEW FOREIGN

  • DEALS.

  • THEY DID NOT ADDRESS, THOUGH,

  • THE EXTENTIVE EXISTING FOREIGN

  • DEALS THAT THE TRUMP

  • ORGANIZATION IS INVOLVED IN AND

  • THAT HE WILL RELINQUISH CONTROL

  • TO HIS TWO SONS, THAT IESKA AND

  • HER FAMILY WILL TRAVEL AND LIVE

  • IN WASHINGTON, D.C.

  • >> AND WILL HAVE NOTHING TO DO

  • WITH THE COMPANY.

  • >> YES, INSIDE THE WHITE HOUSE.

  • MAJOR GARRETT IS INSIDE THE ROOM

  • AT TRUMP TOWER, HAD THE

  • OPPORTUNITY TO ASK SEVERAL

  • QUESTIONS TO THE

  • PRESIDENT-ELECT.

  • A PUSHBACK BY HIM CALLING THE

  • REPORTS OUT THERE DISGRACE, FAKE

  • NEWS, PHONY STUFF, IN HIS WORDS.

  • >> Reporter: YES, A VERY

  • STRONG PUSHBACK FROM

  • PRESIDENT-ELECT TRUMP AND

  • IMPLICATION THAT THE

  • INTELLIGENCE COMMUNITY MADE A

  • MISTAKE BY EVEN PUTTING A SMALL

  • PART OF THIS UNVERIFIED,

  • UNSUBSTANTIATED INFORMATION

  • GATHERED BY THE FORMER M.I.6

  • OPERATIVE, SOMETHING PRESENTED

  • TO HIM ANT THE PRESIDENT-ELECT.

  • >> BUT DO WE KNOW THAT'S WHERE

  • BuzzFeed GOT THAT?

  • FROM AN INTELLIGENCE COMMUNITY?

  • IS THAT ACTUALLY TRUE?

  • >> Reporter: SO WHAT THE

  • PRESIDENT-ELECT WAS SAYING WAS

  • THAT NEVER SHOULD HAVE EVEN BEEN

  • GIVE TON HIM, SHOULDN'T HAVE

  • BEEN GIVEN THE LEGITIMACY, EVEN

  • QUASI LEGITIMACY OF THE

  • INTELLIGENCE COMMUNITY THAT IT

  • WAS PRESENTED TO HIM.

  • HE VERIFIED IT WAS FRONTED HIM

  • AND HE READ IT LATER AFTER THE

  • MEETING.

  • THAT'S ONE THING HE MADE CLEAR,

  • THAT IT WAS PRESENTED TO HIM.

  • HE ALSO SAID THAT IT WAS NOT

  • DISCUSSED IN THE MEETING LAST

  • FRIDAY VERIFIED OUR REPORT IT

  • WASN'T DISCUSSED BUT SOMETHING

  • THAT WAS ADDED AS A PORTION OF

  • THE DOCUMENTATION PRESENTED TO

  • THE PRESIDENT-ELECT, AND WE ARE

  • LED TO BELIEVE THE PRESIDENT OF

  • UNITED STATES.

  • SO ON THAT FRONT, NOT ONLY DID

  • PRESIDENT-ELECT TRUMP SAY IT

  • WASN'T TRUE, BUT IT WAS SO

  • OBVIOUSLY UNTRUE IT SHOULDN'T

  • EVEN HAVE MADE IT THROUGH THIS

  • INITIAL PROCESS TO GET TO HIS

  • DESK AND TO BE BROUGHT TO HIS

  • ATTENTION.

  • THAT'S POINT ONE.

  • POINT TWO, WE ALSO HAD A LONG

  • DISCUSSION ABOUT OTHER THINGS,

  • AND I'LL TALK TO THE THINGS THAT

  • I ASKED HIM ABOUT, THE SUPREME

  • COURT, HE MADE REAL NEWS ON THAT

  • TWO.

  • WEEKS AFTER THE INAUGURATION,

  • HE'S GOING TO NAME HIS SUPREME

  • COURT NOMINEE.

  • THAT'S REAL NEWS.

  • WE DIDN'T KNOW HE WAS THAT FAR

  • ALONG IN THE VETTING PROCESS.

  • AND HE ALSO MADE CLEAR THAT

  • EFFORTS WILL BE TAKEN BY

  • CONGRESS TO FULFILL HIS PROMISE

  • TO BUILD A WALL ON THE

  • MEXICAN-U.S. BORDER AS SOON AS

  • POSSIBLE, AND THAT THERE WILL BE

  • SOME REIMBURSEMENT SCHEME

  • UNDEFINED WITH NO VERIFIABLE

  • TIME LINE WITH THE MEXICAN

  • GOVERNMENT.

  • THAT'S NEWS AS WELL.

  • AND WHEN I ASKED HIM, WHAT DID

  • YOU MEAN WHEN YOU TWEETED THIS

  • MORNING WE'RE LIKE LIVING IN

  • NAI GERMANY, HE'S PUTTING THIS

  • EMPHASIS ON LEAKS FROM THE

  • INTELLIGENCE COMMUNITY, WE HAVE

  • NO SENSE THIS WAS LEAKED BY THE

  • INTELLIGENCE AGENCIES AT ALL,

  • AND THAT'S ONE ART OF THE STORY

  • THAT PRESIDENT-ELECT TRUMP SEEMS

  • WOEFULLY UNFAMILIAR WITH OR

  • WANTS TO CREATE A STRAW MAN IN

  • HIS ONGOING CONFLICT WITH THE

  • INTELLIGENCE COMMUNITY.

  • I ASKED HIM DO YOU HAVE A

  • PROBLEM WITH THE INTELLIGENCE

  • AGENCIES WHO ARE REPORTING TO

  • YOU?

  • HE DID NOT TAKE THAT.

  • HE ALSO SEVERAL TIMES IGNORED

  • AND REFUSED TO ANSWER A

  • QUESTION, WILL YOU KEEP IN PLACE

  • THE SANCTIONS THAT PRESIDENT

  • OBAMA HAS RECENTLY PUT IN PLACE

  • AS A RESPONSE TO THE RUSSIAN

  • HACKING INVOLVED IN THE JUST

  • COMPLETED U.S. ELECTION, ASKED

  • MANY TIMES BY NUMEROUS

  • REPORTERS.

  • PRESIDENT-ELECT TRUMP DID NOT

  • OFFER ANY INSIGHT ON HIS

  • THINKING ON THAT AT ALL.

  • >> ROSE: ON THE ONE HAND HE

  • NOTED RUSSIA HACKED BUT OTHERS

  • DID, TOO, POINTING TO CHINA, AND

  • SAID VLADIMIR PUTIN WHEN

  • QUESTIONED BY LIZ RELATIONSHIP

  • SAID IF VLADIMIR PUTIN LIKES ME,

  • THAT'S GOOD.

  • >> HE SAID IT'S AN ASSET, NOT A

  • LIABILITY AND SAID I DON'T KNOW

  • IF I WILL GET ALONG WITH HIM BUT

  • I HOPE WE DO.

  • WHAT DO YOU MAKE OF THAT MAJOR

  • AND JOHN?

  • >> IT'S WHAT YOU WOULD LIKE AS A

  • GENERAL ASSESSMENT AS A

  • PRESIDENT.

  • BUT THERE IS NO STRATEGIC

  • DIALOGUE ABOUT WHAT HIS GOALS

  • WITH RUSSIA ARE.

  • HE NEVER SAID DOES HE WANT

  • RUSSIA TO GET OUT OF CRIMEA,

  • RUSSIA TO STOP WHAT IT'S DOING

  • IN SYRIA, DOES HE WANT RUSSIA TO

  • DO THINGS DIFFERENTLY IN OVERALL

  • INVOLVEMENT IN EUROPE, MENACING

  • IN THE BALTIC STATES OR FURTHER

  • INCURSIONS INTO UKRAINE?

  • HE HASN'T GIVEN THE COUNTRY ANY

  • INSIGHT INTO WHAT HIS STRATEGIC

  • APPROACH TO WHAT RUSSIA WILL BE,

  • AND SAYING IF RUSSIA AND

  • VLADIMIR PUTIN LIKES ME, THAT'S

  • AN ASSET, ON BEHALF OF WHAT

  • POLICY, THAT WE DON'T KNOW.

  • >> ROSE: WE STILL DO NOT KNOW

  • THE ANSWER TO WHERE THE MATERIAL

  • CAME FROM IN THE BEGINNING.

  • >> JOHN MCCAIN LEFT OUR OFFICE

  • AND SPOKE WITH NANCY CORDES AND

  • JOHN MCCAIN SAID HE DELIVERED

  • WHAT IS ON BuzzFeed TO THE

  • F.B.I.

  • SO THIS IS SOMETHING THAT WAS

  • OPERATING IN POLITICAL CIRCLES

  • FOR MONTHS.

  • REPORTERS AT POLITICO,

  • BuzzFeed, "NEW YORK TIMES,"

  • OTHER REPUTABLE NEWS

  • ORGANIZATIONS HAD SEEN THIS, A

  • DOCUMENT BY DONALD TRUMP AND

  • TRYING TO GET OPPOSITION

  • RESEARCH WHICH HAPPENS ALL THE

  • TIME IN CAMPAIGNS.

  • McCAIN WAS IN RECEIPT OF THIS

  • MATERIAL NOW LYING ON THE

  • INTERNET.

  • HE SAID TO OUR NANCY CORDES, I

  • DID WHAT ANY CITIZEN WOULD DO, I

  • GAVE THAT SENSITIVE INFORMATION

  • TO THE F.B.I.

  • HE SAYS HE DOESN'T KNOW THE

  • TRUTH OF THOSE DOCUMENTS AND

  • THAT'S WHY H HE PASSED IT TO THE

  • F.B.I.

  • >> DO WE ASSUME INVESTIGATION BY

  • INTELLIGENCE AGENCIES HAS BEEN

  • CONTINUING JOHN.

  • >> THE INTELLIGENCE AGENCIES

  • WON'T SAY, THE DIRECTOR WON'T

  • SAY, THERE HAVE BEEN REPORTS

  • THAT SAY IT'S BOTH GOING ON AND

  • NOT.

  • THERE WAS TESTIMONY ABOUT THE

  • NEW SECRETARY OF STATE ON RUSSIA

  • THAT WAS MUCH STRONGER ON THE

  • PRESIDENT-ELECT TODAY.

  • >> ON HOW TO TREAT RUSSIA.

  • YEAH.

  • MORE COVERAGE ON CBSN AND A

  • FULL WRAP-UP ON THE CBS NEWS

  • EVENING NEWS WITH SCOTT PELLEY.

  • >> OUR THANKS TO MAJOR GARRETT.

  • CBS NEWS NEW YORK.

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