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Trump presidency as it happened: US president gives first speech to world leaders, signs executive order to declassify documents related to JFK, MLK assassinations

Millie Muroi and Olivia Ireland
Updated ,first published
Pinned post from 2.24pm on Jan 24, 2025
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Trump’s fourth day in office: Everything you need to know

By Millie Muroi

Thanks for joining us today as we followed Donald Trump’s fourth day as the 47th president of the United States. Starting in Davos, Switzerland where Trump spoke by video and fielded questions from business elites, we saw the president then sign another flurry of executive orders.

In case you missed it, here’s a more detailed rundown of Trump’s movements today:

  • Trump told the World Economic Forum in Davos, Switzerland, that he wants to meet Russian President Vladimir Putin as soon as possible to secure an end to the Ukraine war.
  • He warned global business leaders they would face steep tariffs if they don’t make their products in the US, affirming his intention to raise hundreds of billions, even trillions, of dollars through taxes on imports.
  • The president also signed an executive order declassify documents related to the assassinations of US president John F. Kennedy, senator Robert Kennedy and civil rights leader Martin Luther King Jr.
  • Trump pardoned anti-abortion activists and said he would be open to meeting the more than 1500 rioters who participated in the attack on the Capitol.
  • The US Senate voted 51 to 49 to advance Pete Hegseth’s nomination as Trump’s secretary of defence, as two Republicans crossed the party line by casting their votes against the former Fox News presenter.
  • Bill McGinley, the top lawyer at Elon Musk’s brainchild – the Department of Government Efficiency (DOGE) – announced his plans to exit the group, just days after the exit of Vivek Ramaswamy.
  • Trump demanded the Federal Reserve lower interest rates, later cooling down his remarks by telling reporters he would issue a “strong statement”.
  • A federal judge temporarily blocked Trump’s executive order redefining birthright citizenship, calling it “blatantly unconstitutional” during the first hearing in a multi-state effort challenging the order.
  • The president said he was unsure the US should be funnelling money into NATO, saying they were “not protecting us.”
  • Trump said he was unbothered by close ally Elon Musk’s criticism of a $US500 billion ($800 billion) artificial intelligence project announced earlier this week.
  • And something to look out for in coming days: continuing his rampage against wind power, Trump said he would issue an order on windmills, claiming they are the most expensive form of energy generation.

We’ll have more coverage in coming weeks, but for now, have a great weekend. I’m Millie Muroi and thanks for your company today.

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US President Donald Trump has said in an interview broadcast on Thursday that he plans to seek to engage North Korean leader Kim Jong-un anew after the two men developed a working relationship in Trump’s first term.

“I’ll reach out to him again,” Trump told Fox News′ Sean Hannity in a taped interview, adding that Kim was “not a religious zealot” and “happens to be smart guy”.

Trump met North Korean leader Kim Jong-un twice during his first term.Getty Images

Trump is also looking to engage further with Chinese President Xi Jinping, saying his recent conversation with Xi was friendly.

“It went fine. It was a good, friendly conversation,” Trump said in the interview with Fox News, while also adding he thought he could reach a trade deal with China.

“I can do that,” he responded when asked if he could make a deal over fair trade practices.

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Donald Trump says he will issue order on windmills

By Millie Muroi

US President Donald Trump has told Fox News in an interview on Thursday that he will issue an order on windmills, claiming they are the most expensive form of energy and that he does not want them.

It comes after the president, who has previously launched several baseless attacks on wind turbines – including that they cause large numbers of whales to go crazy and die, and that noise generated by wind turbines can cause cancer– on Monday temporarily suspended new federal offshore wind leasing, saying windmills were ugly, expensive and harmed wildlife.

Donald Trump has claimed wind turbines are the most expensive form of energy generation.Digitally altered image. Pictures: AP/Bloomberg

The 60-day halt in the approval of leases, rights of way and other authorisations was ordered on Monday by the acting head of the Interior Department.

Trump and his nominees have championed oil, gas and coal production while disparaging renewable power as unreliable.

Wind energy is the cheapest source of new electricity in the US, according to annual energy reports from financial services company Lazard.

With Bloomberg, Reuters

Trump signs executive order to make US ‘crypto capital of the planet’

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The flurry of executive orders signed by Donald Trump on Thursday included one aimed at eliminating “regulatory overreach” on digital assets and supporting the growth of cryptocurrencies.

The executive order on crypto on Thursday was light on detail but established a presidential working group tasked with developing a regulatory framework for digital assets and mulling the creation of a “strategic” national digital assets stockpile, for which the crypto industry has spent months lobbying.

President Donald Trump was once a crypto sceptic.AP Photo/Mark Humphrey

“President Trump is fulfilling his promise to make the United States the ‘crypto capital of the planet’,” the executive order read, including by “halting aggressive enforcement actions and regulatory overreach that have stifled crypto innovation under previous administrations.”

Once a crypto sceptic, Trump now has a significant personal stake in the industry, this month selling his own crypto token – a memecoin called “$TRUMP” alongside his wife’s “$MELANIA” token.

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The unlikely path to a third term for Donald Trump

By Millie Muroi

President Donald Trump could be in for a third term as leader of the US after a Tennessee Republican filed a resolution to change the constitutional term limit for presidents – although it is unlikely to make it through Congress.

As reported by The New York Times, Andy Ogles, a representative of Tennessee’s fifth congressional district on Thursday filed a resolution to amend the constitutional term limit for presidents from two terms to three if a president’s first two terms were non-consecutive.

Republican congressman Andy Ogles of Tennessee said Donald Trump needed to be given “the time necessary” to restore America to greatness. AP

“[Trump] has proven himself to be the only figure in modern history capable of reversing our nation’s great decay and restoring America to greatness, and he must be given the time necessary to accomplish that goal,” he said in a statement.

For the US Constitution to be amended, at least two-thirds of both the House and Senate must first support the proposal (Republicans currently hold only slim majorities in both chambers), or two-thirds of the states must call for a constitutional convention. The bar to then ratify an amendment is even higher.

The Constitution has been amended only 27 times since it was drafted in 1787.

Trump, when asked by a New York Times reporter on Election Day whether the 2024 campaign would be his last, said, “I would think so.”

Musk’s criticism of AI announcement ‘doesn’t bother’ Trump

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Donald Trump has dismissed criticism from close ally Elon Musk about a $US500 billion ($800 billion) artificial intelligence project announced earlier this week.

The announcement outlined that ChatGPT’s creator, OpenAI, SoftBank and Oracle would be embarking on a joint venture called Stargate to build data centres and create more than 100,000 jobs in the US.

Elon Musk is the head of the newly-created Department of Government Efficiency and chief executive of Tesla and SpaceX.AP

However, Musk – who is also chief executive of Tesla, a rival of OpenAI boss Sam Altman, and in an ongoing lawsuit with OpenAI – cast doubts on the Stargate contingent’s ability to pull together funding for the project.

“They don’t actually have the money,” Musk wrote in a post on X. “SoftBank has well under $10 billion secured. I have that on good authority.”

‘Not protecting us’: Trump unsure of spending on NATO

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Donald Trump says the US should be helping NATO, but is unsure about funnelling money into the military alliance.

Speaking after signing an executive order in the Oval Office, Trump told reporters the US was protecting members of the North Atlantic Treaty Organisation, but that they were “not protecting us.”

Trump repeated his demand that other members of the transatlantic alliance spend 5 per cent of their gross domestic product on defence – more than double the current 2 per cent goal, and a level that no NATO country, including the US, currently reaches.

US Secretary of State Marco Rubio (left) spoke to NATO Secretary General Mark Rutte on Wednesday and reinforced the US commitment to the alliance.AP/Bloomberg

“I’m not sure we should be spending anything, but we should certainly be helping them,” he said.

The US currently finances nearly 16 per cent of NATO’s annual spending of about $3.5 billion – the joint largest share alongside Germany in 2024.

Trump’s new Secretary of State Marco Rubio spoke to NATO Secretary General Mark Rutte on Wednesday and reinforced the US commitment to the alliance.

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Trump to issue ‘strong statement’ to lower interest rates

By Millie Muroi

US President Donald Trump says the interest rates will start to fall once he issues a “strong statement”, saying he knows more about interest rates than the country’s central bankers.

Speaking at the televised signing of several executive orders on Thursday, Trump said he wanted to see interest rates cut, especially if oil prices dipped.

US President Donald Trump says he wants to see interest rates “come down a lot”.Bloomberg via Getty Images

“I’d like to see [interest rates] come down a lot,” he said. “When oil prices come down, everything’s going to be cheaper for the American people and actually for the world ... that’s going to knock out a lot of the inflation. That’s going to automatically bring interest rates down.”

Trump ‘open’ to meeting January 6 rioters

By Millie Muroi

Donald Trump says he is “open” to meeting hundreds of people charged with storming the Capitol in January 2021 after pardoning them earlier in the week.

During the televised signing of executive orders on Thursday, Trump was asked if he planned to meet any of the more than 1500 rioters who participated in the attack on the Capitol.

Trump has pardoned those involved in the January 6 attempt to subvert the outcome of the 2020 election.Getty Images

“I don’t know, I’m sure that they’d probably like to,” he said. I’d be open to it, certainly.I haven’t spoken to any of them yet, but I know they’re very happy. I gave them their life back.”

Early this week, Trump granted sweeping reprieves to rioters, including those convicted of attacking and injuring police officers.

What to know about Trump’s ‘two-sex’ executive order

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Almost immediately after he was sworn in as the 47th president of the United States, Donald Trump signed an executive order that rolled back protections for millions of transgender and non-binary people while also rescinding several Biden-era orders concerning the broader LGBTQ community.

One of Trump’s most contentious first-day orders, “defending women from gender ideology extremism and restoring biological truth to the federal government”, mandates several changes to how sex and gender are interpreted and applied within federal policies and emphasises a strictly biological interpretation of the terms.

The order declares that the federal government will recognise only two immutable sexes: male and female and not gender neutral (centre).iStock

“As of today, it will henceforth be the official policy of the United States government that there are only two genders – male and female,” the president said during his inaugural address this week.

Trump said his orders aimed at ending efforts to “socially engineer race and gender into every aspect of public and private life”.

What do these changes mean? Read more about it here.

With AP

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