In short
The episode centers on a Trump press conference that goes “sideways” after questions about (1) alleged self-enrichment via crypto/stock trading while in the Oval Office and (2) the Qatar-funded, taxpayer-renovated new Air Force One.
Key claims
Trump profited nearly $2 billion from about 21,000 trades; he dismisses concerns by saying “everybody’s profiting” and that rich people invest through “blind” accounts. He praises the Qatar jet as patriotism and says upgrade costs were “very little” versus other options.
Notable examples
his “declassify anything” comments about Bill Pulte (new DNI) despite alleged security concerns; claims about improved Iran relations after “three nights” of force.
Guests
none mentioned in the transcript.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Chapters
Tap a time to open that second in VOTrump's Disastrous Press Conference
1:35 to 2:30
Discussion of Trump's press conference and his references to Qatari Air Force One.
“Qatar, of course, gave Donald Trump a$400 million jet, which was then renovated to the tune of over a billion dollars by American taxpayers.”
Profit from the Presidency?
2:30 to 3:56
Analysis of Trump's financial disclosures and his defense during the presser.
“If you have a 401k, how's your 401k done?”
The Cost of Qatari Air Force One
3:56 to 6:00
Trump's claims about the cost of the jet and his justification of it.
“And while you suffer, while you can't afford your groceries and gas or anything, or rent and have your health care ripped away, he thinks you're stupid.”
Trump's Investment Practices
6:00 to 7:40
Trump discusses his investment practices and how they were affected during his presidency.
“You know, I don't get involved in my personal.”
Declassification Concerns
7:40 to 9:50
Discussion on Trump's comments regarding declassification under Bill Pulte's direction.
“Can you just help the American freaking people?”
Trump's Claims on Iran
12:10 to 13:58
Examination of Trump's statements about Iran and their accuracy.
“And Donald Trump says, yeah, when it comes to Iran, we hit them very hard for three nights.”
Trump's Press Conference Analysis
14:03 to 14:40
An analysis of Trump's press conference and the rationale behind his election.
“Trump's propagandist was on the plane, so she couldn't do this press conference.”
Economic Promises and Delays
14:41 to 16:52
Discussion on the promises made by Trump's administration regarding economic growth and the timeline for factory jobs.
“tremendously successful in business, built a New York City skyline.”
Concerns Over Federal Reserve Decisions
16:53 to 18:09
Concerns raised about potential interest rate hikes by the Federal Reserve and their impact on the economy.
“and they're going to raise the interest rates.”
J.D. Vance's Military Speech
18:10 to 19:38
Critique of J.D. Vance's speech to troops and his perceived lack of seriousness.
“And we're going to and we're going to have to keep a close eye on that.”
Show all 12 chapters
Statements on Israel and Iran
19:39 to 22:31
Discussion of statements by Israeli officials regarding Iran and Trump's relationship with Israel.
“And most importantly, he's given you the tools to kick the hell out of the enemy and to come home safely.”
Trump's Board of Peace
22:32 to 23:19
Analysis of Trump's so-called 'Board of Peace' and its implications for future conflicts.
“Any threat against our people and leadership will receive an immediate and powerful response.”
Transcript
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1:34Ben Meiselas:Donald Trump just held a disastrous presser in front of the new Qatari Air Force One. Qatar, of course, gave Donald Trump a$400 million jet, which was then renovated to the tune of over a billion dollars by American taxpayers. This is his first trip on Qatari Air Force One, and he wanted to show it off. But this press conference went sideways very quickly. Donald Trump was asked by members of the press how critics say that you are profiting off the presidency. Your latest financial disclosures show that you made close to$2 billion off of crypto and stock trades, 21 ,000 stock trades, one every few minutes at this point while you were in the Oval Office.
2:24Ben Meiselas:What's going on there? Watch his response. Let's play this clip. But the critics say you're profiting off the president. Well, you know why I'm profiting? Because the stock market's going up. Everybody's profiting. If you have a 401k, how's your 401k done? It's about up 85%. Thank you, President Trump. So we're all profiting. I'm profiting because I have a lot of money and a lot of cash, and I give it to institutions. I don't know if they know what they're doing or not, but they buy a vast array of things. Then Donald Trump says, yeah, this new Qatari Air Force one, It's really the pride and joy of the American people.
3:07Ben Meiselas:This Qatari jet, it represents true patriotism. And the American people love when Middle East countries like Qatar are now the donors of our Air Force One. Here, play this clip. So we're very proud of this. The country is very proud of it. And you can do two things. You can low-key it or you can show it. And I think the country should be very proud of it. And it's beautiful. And you'll see that in a little while when you board. And so a reporter said, OK, but what about the cost? We've heard over a billion dollars. Yes, they donated this to you, but you're going to steal it when you're out of office.
3:48Ben Meiselas:You're going to keep it as your own personal plane. You've said that. But how much did it cost the taxpayers? And then Donald Trump's like very little relative to what it would have cost in a different way. The hell does that even mean? I'll tell you what it means. It means Donald Trump is a con artist. He is a fraud. And while you suffer, while you can't afford your groceries and gas or anything, or rent and have your health care ripped away, he thinks you're stupid. Let's play this clip. Mr. President, what's your favorite upgrade to the new plane? And how much did it cost American taxpayers to upgrade the plane?
4:27Well, of course, very little relative to what it would cost if we did it a different way. So this was a gift from a country that's treated us very well. And they're an ally of us over in the Middle East, Qatar. And I went to Boeing. I said, who has the best one? They said, Qatar. There's no, there's never been a plane like it. Frankly, we couldn't build a plane like this because we wouldn't be willing to spend the kind of money necessary. They spent top dollars. So the head of Boeing said, this is considered the best 747 they've ever built. And I went to Qatar, I said, I'd like to use it for a period of time because the other ones, as you know, are under construction.
5:08They'll be here in two years. And because, you know, the plane is 35 years old. So I said, I'd like to use it. And the Emir, Tamim, who is a great gentleman, he said, no, no, I'd like to make a contribution to the country. So it was very nice. And we're able to do it in about five months, you know, bring it up to the presidential standard, meaning security wise. And you're going to get you're going to get a kick out of it. There's just nothing like it.
5:38Ben Meiselas:Then Donald Trump was asked more questions about his financial disclosures, which show close to$2 billion were made trading stocks and crypto in the Oval Office. And again, he says, look, look, you know what rich people do, OK? When you're rich, they let you do it. So just stop asking me questions. Here, play this clip. You know, I don't get involved in my personal. We have funds that run my money. The Press. But you are benefiting. The President. Well, I've made a lot of money before I became President, and they invest my money. And I don't talk to them. I never — I don't even speak to them. So I have many people — I don't know what they call it — closed accounts or something.
6:19You put your money in, and that's it. I don't talk to them. They're big institutions, and they run it. But, yeah, I've had a great career. In business, I've had a great career. The Press. The Press. The President is about conflict. The President is about conflict. The President is about conflict. The President is about conflict. The President is about conflict. career in business. And you saw the cash and you report the different things. And what they do is we gave it, I think it's called the blind account, but they basically, they take it. And I purposely, I never speak to any of the people that run the money, but they're at big institutions and they invest in whatever they are.
6:53Ben Meiselas:Well, let's just take a look at this chart right here quickly. This graph shows the number of individual stock trades made by US presidents since 1990. Well, didn't Donald Trump say he was rich during his first term? Okay. Well, look at the stock trades. They are still bad, but look at it right now and look at it contrasted to every other president. They weren't making 21 ,000 trades across eight investment accounts, averaging about 80 trades per day. No, they weren't trading at all. Remember those days? Yeah. Donald Trump then says about his new Qatari Air Force One, this is the greatest commercial plane ever built.
7:38Ben Meiselas:What are you even talking about? Can you just help the American freaking people? Because my fellow Americans are suffering right now. Here, play this clip. first flight of what I think is maybe the greatest commercial plane ever built. I said to Boeing, what's the best one? They said, this is the best plane ever built. And you're going to have the privilege of flying it. And I have a privilege also of flying it. But this is the first flight. We're going to the Teddy Roosevelt Presidential Library opening. And that'll be very good. That'll be a lot of fun. But I think, you know, to be honest with you, I'm excited about the first one.
8:25It's something nobody's ever seen anything like it.
8:28Ben Meiselas:And then a reporter asks him a question about Bill Pulte, who's the new director of national intelligence, despite not passing a security background check, not having security clearances, having no national intelligence experience. And as a result of Pulte being there, the Senate has not reauthorized FISA. They don't want Pulte to have access to this, and they don't want Pulte being in this position. And Donald Trump says, you know, I told Pulte, I said, declassify anything you want. Just go through it. Declassify anything. Really, you told someone not qualified or competent in any national security to just go in and start declassifying anything?
9:11Ben Meiselas:I mean, could you imagine our enemies just with a massive smile on their face? Here, play this clip.
9:40You can declassify whatever you want.
9:42Ben Meiselas:Do you think we're gonna get some soon, or maybe 2020? I told him you can do it as fast, you gotta ask him. All right. But I think, he's a friend of yours. I think that Bill will declassify him. I told him you can declassify whatever you want. So Bill's there just for maybe a month or two months or something, and Jay is going through the process. He's got a hearing in two weeks. Highly respected man, Jay Clayton. Okay? Thank you. Thank you. If you're anything like me, a lot of the information you take in every day doesn't come from sitting down and reading a report. It comes from conversations, interviews, meetings, phone calls, and discussions with people who know something you don't.
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12:10Ben Meiselas:M-E-I-D-A-S. And Donald Trump says, yeah, when it comes to Iran, we hit them very hard for three nights. Now we get along very well. Very well. We're getting along very well with Iran. Here, play this clip. As far as things are going, the denuclearization of Iran is moving along well they've had very good meetings and we'll see we hit them very hard for three nights as you know but we're getting along very well so I call it the de-nuclearization and uh here's a photo by the way of Donald Trump with the other people in Air Force One look at this weird crew of human beings right here look at the back left you see Natalie Harp Donald Trump's human printer.
12:57Ben Meiselas:Lots of people call her other things of Donald Trump as well. Donald Trump says things are going really well in Iran. Oh, let's just take a look at the actual data and the receipts. If we take a look at the Strait of Hormuz over the last 24 hours, zero ships are using any lanes that the American CENTCOM told them to use. They're going through the IRGC route, you can see right there. Oil stocks and US strategic petroleum, the reserves that we have in Cushing, Oklahoma, they're at their lowest level since 1983. We're basically at tank bottom there, while the oil market itself, the crude market is being shorted and being pushed down, being manipulated.
13:44Ben Meiselas:What's notably is the crack spreads when you look at the price of the gas that you have to go at the pump. It ain't coming down as fast as crude because the crude market is being manipulated. I've done videos on that. So after Trump's disastrous presser, they send out one of their propagandists, Caroline Levitt. Trump's propagandist was on the plane, so she couldn't do this press conference. So then they brought in Anna Kelly, who's auditioning for that role after Caroline Levitt. And she's like, look, this is why people elected Donald Trump. They wanted a guy who would be doing stock trades, 21 ,000 in the Oval Office every day focused on enriching himself and crypto.
14:27Ben Meiselas:That's what they're focused on here playing this clip. Two about his sons making money off a deal in Kazakhstan. What's the White House's position on all these questions? Well, I think the president said it best. And let's remember, Bill, why Americans elected this president to office because he was an outsider who was tremendously successful in business, built a New York City skyline. And that's what Americans wanted. They wanted a businessman in office. So he has had a tremendously successful career. Of course, his assets are in a blind trust. He has no control of those trades. He's pretty busy as president.
14:58He's not doing those trades from the Oval Office as he's making decisions.
15:02Ben Meiselas:Then you had the National Economic Advisor, Kevin Hassett, do an interview to kind of push these message. And he said, okay, okay. Factory workers, we hear you. Farmers, we hear you. Okay. I understand. I understand. But you becoming rich, it's right around the corner. Let me tell you, once these factories are built, okay, they're going to have to turn on their lights and then they're going to hire you. So we're looking like 2027, maybe 2028. It's right around the corner, right? It's always right around the corner, you're going to get rich. We told you it was going to be on day one. Then we told you it was going to be the fourth quarter of year one.
15:41Ben Meiselas:Then we told you it was going to be the first quarter of 2026. Then we told you by the end of 2026. Now the factories are going to be built at the end of 2026. Maybe in 2027, your time is going to come. Here, play this clip. We're building factories like we've never seen before. So there's construction jobs right now while they're building the factories. But once those factories are complete, then they're going to have to turn on the lights, plug in the machines and hire the workers. And And that's what we expect is really right now just a little bit underway and it'll be roaring by the second half of the year.
16:15Ben Meiselas:But then Hassett says the following. He goes, you know, this is like one of the biggest tells. He goes, you know, I was watching those Supreme Court decisions and I noticed that the Democratic justices, the liberal justices, they voted in a block. So what I'm worried about is all of those libs on the Federal Reserve Board. Yeah, I'm worried that they're going to raise interest rates. And so your riches may be right around the corner. And yes, Donald Trump just brought in Warsh as the new chairman of the Federal Reserve, but he's not going to be able to control the libs on the Federal Reserve, and they're going to raise the interest rates.
16:55Ben Meiselas:So I'm worried about, I'm just sharing with you what their plan is. So when it happens, we're not surprised, right? He's saying that they're going to blame the Dems and Libs as though the Federal Reserve is like this bastion for liberal and progressive. What are you talking about? And by the way, like Jerome Powell, the other guy, was a Republican. It was Trump's appointee from 2017. That's a Lib right now. That's a Lib right now. But this is what they're preparing for because then they're going to say, ah, the lights, the factories, we were about to open them. But then the Libs on the Federal Reserve, they raised interest rates.
17:30Ben Meiselas:and now the capex spending has to go down because the companies aren't able to borrow. And now you got screwed. We were right there. Do you see what they're setting up for? Here, play this clip right here. You saw the Supreme Court rulings come out this week. And one of the things that concerned me quite a bit was that the Democratic justices just basically voted in a block against everything that was in any way related to President Trump, which is really new. I mean, it used to be the justices would go there and they would be patriots. They put the country first and then they decide what they think is the truth about this matter.
18:03And it can't be that Trump is always wrong. It can't be that Trump is always wrong, but that's how they voted. And I'm concerned with Jay Powell staying that there's a majority of people over at the Fed that are not necessarily going to be voting because they're patriotic, but rather because they want to get Trump. And we're going to and we're going to have to keep a close eye on that. And you can bet it's not going to be Kevin Warsh's fault, but he's got to hurt some cats over there.
18:26Ben Meiselas:And it's a really difficult job. Just, it's just so obvious with them. I'll do a whole other video on this, this J.D. Vance speech, but I'll just preview it a little bit over here. You have J.D. Vance speaking with the troops and telling our troops these like jokes that they don't find funny. He's like, you know, when I was in, when I was there in the military, you know, now they have to salute me. And everyone's like, dude, what are you talking about also? I mean, you, and by the way, you know, it was great that you dedicated your life to some service, but you were drafting press releases. Like the people know what was going on.
19:03Ben Meiselas:Here, play this clip. One of the reasons why I wanted this job is because it's pretty cool to have the commandant of the Marine Corps have to salute a member of the E4 mafia. That's pretty cool. Call it an ego thing. But I left the Marine Corps as an E4, as a corporal of - And then he goes, and we have a clear mission. We had a very clear mission in Iran and the people like, what are you talking about? And one of the reasons why I'm proudest of what the president of the United States has done over these last 18 months is because when he has asked you to go to war, he has given you a defined mission.
19:41He's asked you to go and accomplish it. And most importantly, he's given you the tools to kick the hell out of the enemy and to come home safely.
19:50Ben Meiselas:And then J.D. Vance started in this speech trying to like mock former President Biden in front of our troops. And he was like, yeah, and I don't want to be partisan, but I do want to make fun of Joe Biden walking. And like the troops are like, dude, what are you even talking about? Here, play this clip. The previous president. I'm trying to be nonpartisan. You ever seen these old cartoons where you've got the angel on the shoulder and the devil on the shoulder. Well, because I'm speaking to all of you, our great patriots and service members, I've got the angel on my shoulder saying, J.D., don't be partisan.
20:28We're gonna make this nonpartisan. And then I've got the devil on my shoulder who wants to talk about every time that Joe Biden fell up or down the stairs. And the media didn't care about that, but if I did at one time, if I did at one time, it would be a major, major story. But let me just say to all of you, first of all, I'm so proud of you.
20:46Ben Meiselas:And I'll share this with you as well. Netanyahu, prime minister of Israel, gave a speech earlier today where he said, Lebanon is a beautiful country, yet a miserable one. Its tragedy is that it is so close to Israel. Well, you think that the people in Lebanon believe that their tragedy is their, that I think that they think the tragedy right now is that they don't want you in Southern Lebanon and blowing up and killing 4 ,000 people in Lebanon. I think that's what they would say is the issue. And oh, by the way, I just saw this. Take a look at Trump's hand, what it looked like while he was speaking.
21:27Ben Meiselas:Zoom in on his hand right there. Oof, that looks pretty gnarly. And then Donald Trump's ambassador to Israel, Mike Huckabee, just wrapped up a speech where he called Israel America's 436th congressional district of the United States. Here's what he had to say. Play this clip. Those of you that don't realize it, 700 ,000 Americans represent an entire congressional district in the U.S. That's how many people live in a congressional district. When members of Congress come, I always say, welcome to Israel, the 436th congressional district of the U.S. Now, Foreign Minister Arag Chi of Iran just responded to the following.
22:06Ben Meiselas:Asked about Iran's supreme leader, Mojtaba Khomeini. me. Israel's defense minister, Israel Katz, said he was marked for death. He described the Iranians as good merchants, trying to extract concessions in negotiations, and said Israel would not allow Iran to produce nuclear weapons. If they do that through an agreement, all the better, he said, and said that the Ayatollah is marked for death, to which Foreign Minister Aragji of Iran responded, the terms of the Islamabad MOU are crystal clear and public for all to see. POTUS, Trump, has committed to the U.S. to muzzling its pets in Tel Aviv. They ignore their master.
Read the full transcript
22:44Ben Meiselas:Iran will school them. Any threat against our people and leadership will receive an immediate and powerful response. So I guess that's another accomplishment for Donald Trump's board of the peace, board of peace. And by the way, Donald Trump's Board of Peace is going to be working with Netanyahu in Gaza shortly to additionally engage in more atrocities there. I mean, I'll talk about that more in a future video. But the Board of Peace is gearing up for her. Hit subscribe. Let's get to 7 million subscribers. Thanks for watching.
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From the publisher
MeidasTouch host Ben Meiselas reports on Donald Trump finally surfacing and holding an awful press conference in front of his new Qatari Air Force One.
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