Remarks transcript, Aug 4, 2026 (Donald Trump)

Remarks in an Exchange With Reporters Prior to Departure From Los Angeles, California

No Kalshi or Polymarket word markets were listed for Donald Trump’s remarks on Aug 4, 2026. Full transcript below (presidency.ucsb.edu, public domain).

Updated

Transcript

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Official transcript · The American Presidency Project (UCSB), Gerhard Peters and John T. Woolley; text: the White House (public domain) · Source · Public domain (US government work): full text.

Prepared remarks

Thank you very much.

So we had a very successful event, as you probably know. A lot of good things happened.

I have not found out who won the election tonight with Abdul. Who won?

Questions and answers

Qreporter

It looks like it's going to go a little—it will be a long night.

Oh, really?

Qreporter

It's not clear.

Qreporter

It's close.

That's interesting. That's what I heard. That's surprising.

Qreporter

The DSA cochair says that Socialists are the new base of the party. Is that true for Democrats?

It could be. I would say so. The Communists are the new base. Yes, I'd say so.

Qreporter

[ Inaudible ]—Iran? Where are we with Iran?

I mean, don't forget, Abdul was way down a few weeks ago. Now I guess it looks like it's going to be a little bit of a horse race.

Qreporter

Mr. President, where are we with Iran?

What did Jeanine Pirro say to you yesterday?

Mr. President, where are we with Iran?

We're moving along very nicely. We'll find out. We'll know in 48 hours, I would say.

Qreporter

Mr. President, what did you say to Jeanine Pirro yesterday in the Oval Office, and how did she explain what happened with the indictment?

Well, I just think she was totally wrong. They did a beautiful job. There were a couple of little things, but that was not a big deal.

And everybody saw the vandalism. All you have to do is look at the tape. If you look at the tape, plus we have a witness or two witnesses that saw the vandalism. So, certainly, where—there was vandalism. It was actually—in my opinion, it was major vandalism. And I told her I was not happy.

Qreporter

Is she safe? Are you going to keep her in the position?

I haven't made a determination.

Qreporter

Well, on Socialists, if more Socialists prevail for Democrats, does that hurt Democrats in the midterms so Republicans keep the majority?

What? What? Does what hurt?

Qreporter

If more Socialists keep winning.

Look, they've got a party. It's a mess. I think it's a mess.

I think they should form another party: the Communists of America Party. You know?

Qreporter

Mr. President, Republicans have seven——

I think they should have a new party, the Communists of America, and it will do well. It will get about 10 percent of the vote.

Qreporter

And then on the Strait of Hormuz, the—Axios is reporting that it might open as soon as tomorrow.

It could happen.

Qreporter

It could be open——

Tomorrow or the next day, yes.

Q. ——

tomorrow or Thursday?

A lot of progress has been made. And they called me, and they said, "Please, let's talk." They want to talk. The funny thing is, they never mention that. They always say, "We're not talking."

But they called. They wanted to talk. We've been talking. They want to make a deal. They do not want to be hit.

This was the biggest hit since World War II, as I've said. They did not—and they saw it happening. They saw all the goods being loaded. They saw everything. They knew exactly what was happening.

And I think they'd be very smart to make a deal. We'll see what happens.

They had a very good day. The negotiations were good. The stock market was up tremendously over the last 3, 4 days. We set new records today in the stock market—yesterday, today. I think it's, like, 78 times now during a very short period of time.

So a lot of good things are happening. The trade numbers are phenomenal. You saw that. Our economic numbers are unbelievable, that—like never ever before. The investment into our country is at a number that nobody's ever even imagined. We are doing really well.

I'll see you on the plane. Okay?

Qreporter

On Max Miller, can you comment on Representative Miller?

I hope he's able to work it out. I feel badly for him.

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