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Thank you, Klaus, and hello, Davos. This week marks a historic moment for America as I took office, winning the election by a million votes across all swing states. My administration is swiftly addressing the economic chaos inherited from the previous administration, including rampant inflation and high interest rates. On my first day, I signed executive orders to combat inflation, freeze regulations, and promote energy independence. We're launching the largest deregulation campaign in history and proposing significant tax cuts to boost the economy. Additionally, I declared a national emergency at the southern border to stop illegal crossings and restore law and order. We're also prioritizing free speech and merit-based policies. As we approach major events like the 250th anniversary of America, the World Cup, and the Olympics, our momentum is strong. America is back, and we’re just getting started. Thank you.

We’ve won, but now the work begins. I’ll be signing pardons for the January 6 hostages today. We’re bringing them home, and I’m grateful for the support from patriots across the country. We’ll make America safe again and restore authority to our law enforcement. Today, I’ll sign executive orders to revoke nearly 80 actions from the previous administration, freeze regulations, and halt federal hiring. We’ll ensure federal workers return to in-person work and address the cost of living crisis. I’m withdrawing from the Paris Climate Accord to protect American jobs and industries. We’re restoring free speech and ending the weaponization of government against political adversaries. This is just the beginning of making America great again. Thank you all for being here.

President Trump is signing several significant actions today. First, he is rescinding 78 executive actions from the Biden administration. Next, there will be a regulatory freeze to prevent new regulations until the administration has full control. A federal hiring freeze is also being implemented, excluding the military and certain categories. Federal workers are required to return to in-person work immediately. There is a directive for federal agencies to address the ongoing cost of living crisis. The U.S. is withdrawing from the Paris Climate Treaty, which is expected to save over a trillion dollars. Additionally, there will be a restoration of free speech and a directive to end the weaponization of government against political adversaries.

Thank you, Klaus, and greetings from Davos. This week marks a historic beginning for America as we embark on a new era. The recent election delivered a strong mandate, and my administration is swiftly addressing the economic chaos left behind. We are reversing detrimental policies, focusing on reducing inflation, and enhancing energy independence. I’ve initiated a major deregulation effort and proposed significant tax cuts to encourage domestic production. Our goal is to make the U.S. the best place for business. We are also taking decisive action on immigration and restoring free speech. Internationally, we aim to strengthen alliances and work towards peace, particularly in Ukraine. I look forward to future collaborations and appreciate the support from global leaders. America is back and ready for business. Thank you.

As the Biden administration ends, a new rule requires renewed surveys for well and pipeline drilling, raising drilling costs. These increased costs inevitably get passed on to consumers, hindering our efforts to lower prices. This regulation exemplifies a key reason for the inflation we're currently facing in America. My resolution aims to rescind this rule. While I won't comment on the originator's intelligence, I will say that we must eliminate this detrimental policy.

The people want an active government that doesn't waste money. To deliver change, we're reorganizing the government to save taxpayer dollars. We're cutting the federal bureaucracy by 100,000 positions through attrition and reducing administrative costs by 12%. Unproductive advisory commissions will be eliminated, and agencies can't create new ones without approval. Government regulations and procurement rules hurt the system, so we will cut waste, streamline bureaucracy, and change these rules to make government work better. This includes downsizing the government, improving customer service, and overhauling federal procurement and personnel systems. The goal is to make government work for the people, eliminate unnecessary programs, and reduce the federal workforce. We're committed to cutting spending and reducing the deficit to ensure a stronger economy for the future.

We will eliminate taxes on overtime and tips, and significantly reduce energy prices. Wages will rise, and the cost of living will decrease, leading to an unprecedented economy. On November 5th, we will revitalize our economy, support the middle class, secure our borders, and prioritize America. The middle class is struggling, with prices for essentials like bread and ground beef rising dramatically since the pandemic. I stand with you, committed to fighting for your needs and achieving victory for our future.

Thank you for the warm welcome back to Davos. Just days into my presidency, we are embarking on a new era for America, addressing economic chaos and reversing previous administration policies. My administration is focused on combating inflation, reducing regulations, and promoting energy independence. We aim to attract businesses to manufacture in the U.S. with significant tax cuts and incentives. I am committed to restoring law and order, protecting free speech, and ensuring a merit-based society. Internationally, we seek to strengthen alliances, increase NATO defense spending, and work towards peace in Ukraine. Our goal is to create jobs, enhance economic growth, and ensure America is once again a leader on the global stage. Thank you for your support, and I look forward to engaging with you all.

I don't care about grocery prices right now. We're focused on exposing corruption and reducing government spending. We're saving billions by cutting off funding to wasteful projects. Anyone with common sense knows you can't fix the economy overnight. So let's focus on the bigger picture here.

Every federal department and agency is directed to tackle the cost of living crisis that has significantly impacted Americans. Thank you.

In just one week, over 350 executive actions were taken, including signing 300. The era of American decline is over, and a new golden age has begun. On day one, every cabinet member was directed to use their powers to combat inflation and reduce living costs. A federal hiring freeze, regulation freeze, and foreign aid freeze were imposed, reflecting a shift in priorities. The creation of a new department focused on Government Efficiency aims to enhance effectiveness. Additionally, the termination of the costly Green New Deal was announced, highlighting a commitment to eliminate wasteful spending.

President Trump is signing the rescission of 78 Biden-era executive actions and memoranda. He is implementing a regulatory freeze to prevent new regulations until the administration gains full control. Additionally, there will be a freeze on federal hiring, excluding military positions, until objectives are clarified. Federal workers are required to return to in-person work immediately. A directive will be issued to address the cost of living crisis affecting Americans. The U.S. will withdraw from the Paris Climate Treaty, saving over a trillion dollars, with a letter sent to the United Nations to formalize this withdrawal. There will also be a directive to restore freedom of speech and prevent government censorship, along with ending the weaponization of government against political adversaries of the previous administration.

The American people want effective government without wasted money. To deliver this, we're overhauling how government operates, beginning with a 25% reduction in White House staff and $10 million in savings. These steps will save taxpayers $9 billion. We're reducing the federal bureaucracy by at least 100,000 positions through attrition and cutting administrative costs by 12%. We're also eliminating unproductive advisory commissions. We aim to cut inessential spending and tackle the growing deficit and debt. Government programs should be efficient, and overhead must be reduced. These changes are crucial because debt consumes tax dollars and hinders private sector growth. We're also working to cut waste, streamline processes, improve customer service, and reform procurement and personnel systems. We need a government that works better, costs less, and treats taxpayers like customers.

The speaker states a commitment to root out wasteful spending in government, given that families have had to cut back. This is important due to inherited deficits that have grown due to the recession. While cutting some worthy programs, the administration is launching its own initiative to cut waste and improve government, citing a lack of Congressional action. Thousands of unneeded government buildings are being eliminated, saving billions. Roger Rhodes at the Department of Commerce found a way to save almost $2,000,000 a year on cellphone bills. Celeste Steele at Homeland Security is saving tens of millions by changing how the department buys goods and services. The Vice President is working with agency secretaries to improve travel, transportation, and IT services, potentially saving billions. An executive order will direct agencies to slash spending in these areas by 20%, saving taxpayers billions over the next several years. The speaker is signing the bill and thanks officials for taking the project seriously.

Joe Biden's economic policies have been disastrous, leading to high inflation and bank failures. I believe there should be no bailouts and we need to fix the economy quickly. If I am back in the White House, I will focus on unleashing energy production, reducing regulations, and repealing Biden's tax hikes to bring down inflation and control interest rates. I have already built the greatest economy in history, and now we will have to do it again. Thank you.

The first action being signed is the rescission of 78 Biden-era executive orders and memoranda. Next is a regulatory freeze to halt new regulations until the administration gains full control. There will also be a freeze on federal hiring, except for military and certain categories, until objectives are clear. Federal workers are required to return to in-person work immediately. A directive will address the cost of living crisis affecting Americans. The U.S. will withdraw from the Paris Climate Treaty, saving over $1 trillion. A letter will be sent to the UN regarding this withdrawal. Additionally, there will be a restoration of free speech and a directive to end the weaponization of government against political adversaries.

Joe Biden has wasted a trillion dollars in less than three years, causing inflation that hurts working families. To stop inflation and save the economy, we need to cut spending, but not at the expense of American families and seniors. The president should have the power to refuse unnecessary spending, as Thomas Jefferson did. The Impoundment Control Act of 1974, which curtailed this power, is unconstitutional and needs to be challenged. When I return to the White House, I will fight to overturn this act and use impoundment to save money. This will not affect national defense, Medicare, or Social Security. The funds saved can even be used to strengthen Medicare and Social Security. Impoundment will also help control spending and eliminate the deep state and globalists from our government. It's a pro-growth, pro-American, and pro-freedom policy that only I can accomplish.

In just under a month, the Department of Government Efficiency has already saved over $55 billion, and this is only the beginning. We're on track to eliminate trillions of dollars in waste, which will lead to significantly lower inflation and interest rates. This will also result in reduced payments on mortgages, credit cards, and car loans, and a much stronger stock market. I anticipate the stock market performing exceptionally well. Our strategy involves rapidly expanding the economy by significantly reducing the size of the federal government, and this is a crucial step we must take.

Joe Biden's economic policies have been disastrous, leading to high inflation and bank failures. I believe he is leading us towards a great depression. We need to fix the economy quickly by unleashing energy production, reducing regulations, and repealing Biden's tax hikes. I have successfully built the greatest economy in history, and now we will have to do it again. Thank you.

Thank you, Klaus, and hello to everyone in Davos. This week marks a historic moment as I begin my presidency, which many are calling a revolution of common sense. We face economic chaos from previous policies, including record inflation and high interest rates. My administration is taking swift action to reverse these issues, including a federal hiring freeze and deregulation efforts. We aim to make America a manufacturing superpower and attract global investments. Additionally, I am addressing border security and restoring free speech. We will also push NATO nations to increase defense spending. Major events like the 250th anniversary of America, the World Cup, and the Olympics are on the horizon. In just a few days, we've made significant progress, and I look forward to answering questions now. Thank you.

The US is facing record inflation, the worst in 30 years, due to increased prices on essentials like bread and gas. The Build Back Better agenda aims to reduce living costs by making childcare and elder care more affordable and accessible for working families. This plan will be funded without additional costs to taxpayers.

Prolonged peacetime leads to increased bureaucracy and government growth. Regulations multiply yearly, and war historically serves as a necessary, albeit undesirable, reset. To avoid this, we've created a Department of Government Efficiency. We'll streamline regulations at the executive level, requiring Congressional consent for law changes. Our goal is to eliminate harmful regulations, downsize government, and balance the budget. This is incredibly difficult; past attempts have failed, and we may not succeed this time.

Thank you, Klaus, and greetings from Davos. This week marks a historic beginning for America as we embark on a new era. The recent election was a significant mandate from the people, and we are committed to reversing the previous administration's failed policies, particularly regarding inflation and immigration. On my first day, I initiated actions to combat inflation, including a hiring freeze and deregulation efforts. We aim to make America the best place for business with substantial tax cuts for domestic producers. I also declared a national energy emergency to utilize our vast resources and ensure energy independence. We are focused on restoring free speech and merit-based policies. Our administration is dedicated to strengthening international relations, particularly with NATO and addressing the ongoing conflict in Ukraine. I look forward to engaging with global leaders and fostering a prosperous future for America and the world. Thank you.

In under a month, the Department of Government Efficiency has already saved over $55 billion, and this is only the beginning. We're targeting trillions of dollars in waste, which will lead to significantly lower inflation and interest rates. This will also bring down payments on mortgages, credit cards, and car loans, while boosting the stock market. I believe the stock market is going to perform exceptionally well. Our strategy involves rapidly growing the economy by dramatically reducing the size of the federal government, a necessary step for our nation's prosperity.

Thank you, Klaus, and hello, Davos. This week marks a historic moment for America as we embark on a new era following my election victory. We are addressing the economic chaos left by the previous administration, including rampant inflation and high interest rates. Immediate actions include a federal hiring freeze, deregulation, and a focus on energy independence. We aim to make America the best place for business with significant tax cuts and incentives for domestic production. Additionally, we are restoring free speech and merit-based policies while enhancing national security. Our administration is committed to peace abroad, including efforts to resolve the Russia-Ukraine conflict. As we celebrate America's 250th anniversary and prepare for major global events, we are determined to restore the nation's strength and prosperity. Thank you, and I look forward to your questions.