Read a Transcript of Donald Trump’s Press Conference on Ethics

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President-elect Donald Trump held his first press conference since July, addressing plans for his upcoming Administration, reports about ties to Russia and his plans for addressing conflicts of interest with his business.

Along with Trump, Vice President-elect Mike Pence, press secretary Sean Spicer and Morgan Lewis attorney Sheri Dillon spoke at the event.

Below is a running transcript of the event.

SPICER: Morning. Thanks for being here (ph). (inaudible) days away from the inauguration of the next president and vice president of the United States. It’s an opportunity to be here today to allow the president-elect to take your questions.

After the president-elect makes some remarks, he will introduce Ms. Sheri Dillon, a prominent attorney in Washington, D.C. with the prestigious form of Morgan Lewis who will — who structured the agreements pursuant to the president’s business arrangements and she will give brief remarks.

Before we start, I want to bring your attention to a few points on the report that was published in BuzzFeed last night. It’s frankly outrageous and highly irresponsible for a left-wing blog that was openly hostile to the president-elect’s campaign to drop highly salacious and flat out false information on the internet just days before he takes the oath of office.

According to BuzzFeed’s own editor, there are some serious reasons to doubt the allegations in the report. The executive editor of 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 internet.”

The fact that BuzzFeed and CNN made the decision to run with this unsubstantiated claim is a sad and pathetic attempt to get clicks. The report is not an intelligence report, plain and simple. One issue that the report talked about was the relationship of three individuals associated with the campaign. These three individuals; Paul Manafort, Michael Cohen, and Carter Page.

Carter Page is an individual who the president-elect does not know and was put on notice months ago by the campaign. Paul Manafort has adamantly denied any of this involvement and Michael Cohen, who is said to have 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 actually suggests that Michael Cohen was at — 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 the talk lately about fake news, this political witch hunt by some in the media is based on some of the most flimsy reporting and is frankly shameful and disgraceful.

With that, it is my honor to introduce the next vice president of the United States, Mike Pence.

(APPLAUSE)

PENCE: We are nine days away from the inauguration of the 45th president of the United States of America.

(APPLAUSE)

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.

(APPLAUSE)

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 during the course of this transition has been even more inspiring. To see the way he has brought together men and women of extraordinary capability at a historic pace in this cabinet.

Nineteen of the 21 Cabinet officials have been announced, nine committee hearings already scheduled, seven more soon to go on the books in the next several days and it is a — it is a compilation of men and women with an 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 and to demean our incoming administration.

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 organizations 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 attempt to demean the president-elect and our incoming administration and the American people are sick and tired of it.

(APPLAUSE)

But today, we’ll get back to real news, to real facts and the real progress our incoming president has already made in reviving the American economy and assembling 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.

So, it is my honor to introduce to all of you, my friend and the president-elect of the United States of America, Donald Trump.

(APPLAUSE)

TRUMP: Thank you very much.

It’s very familiar territory, news conferences, because we used to give them on a almost daily basis. I think we probably maybe won the nomination because of news conferences and it’s good to be with you.

TRUMP: We stopped giving them because we were 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 been released.

But I want to thank a lot of the news organizations for some of whom 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. OK?

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 getting building in the Midwest.

You saw yesterday Fiat Chrysler; big, big factory going to be built in this country as opposed to another country. Ford just announced that they stopped plans for a billion dollar plant in Mexico and they’re going to be moving into Michigan and expanding, very substantially, 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’ve got to get our drug industry back. Our drug industry has been disastrous. They’re leaving left and right. They supply our drugs, but they don’t make them here, to a large extent. And the other thing we have to do is create new bidding procedures for the drug industry because they’re getting away with murder.

Pharma, pharma has a lot of lobbies and a lot of lobbyists and a lot of power and there’s very little bidding on drugs. We’re the largest buyer of drugs in the world and yet we don’t bid properly and 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 a lot 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. And it’s way, way behind schedule and many, many billions of dollars over budget. I don’t like that. And the admirals have been fantastic, the generals have been fantastic. I’ve really 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 Jack Ma, we had so many incredible people coming here. There are no — 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 in my office. They would not be in anybody else’s office. They’d be building and doing things in other countries. So, there’s a great spirit going on right now. A spirit that many people have told me they’ve never seen before, ever.

We’re going to create jobs. I said that I will be the greatest jobs producer that God ever created. And I mean that, I really — 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 forward to the inauguration. It’s going to be a beautiful event. We have great talent, tremendous talent. And we have the — all of the bands — or most of the bands are 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, very elegant day. The 20th is going to be something that will be very, very special; very beautiful. And I think we’re going to have massive crowds because we have a movement.

This is a running transcript. Check back later for updates.

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