WHITE HOUSE / WASHINGTON - President Donald J. Trump today convened his cabinet for the first live-broadcast cabinet meeting in American history at Camp David. The meeting showcased the rapid progress of the Trump administration in restoring American strength, security, prosperity, and common sense after years of Democrat-driven decline.

President Trump Holds Historic Cabinet Meeting at Camp David

President Donald J. Trump meets with his cabinet at Camp David in Maryland on Friday, July 31, 2026. (Official White House photo: Daniel Torok). President Trump opened the meeting by highlighting some of the key accomplishments of his administration for American families.

"When we took office, we inherited an absolute disaster. The previous administration created the worst inflation in 48 years, the most dangerous and the most secure border in history, and exploding trade deficits the likes of which we had never seen before — rampant crime, men in women's sports, transgender mutilation of your children, and chaos and chaos all over the world… In less than 18 months, we reversed four years of disaster and now have the strongest border in American history… The murder rate saw the largest recorded drop, to its lowest level in 125 years."

"On July 4th, we launched Trump Accounts, a key provision of our Great Big Beautiful Bill. These tax-free investment savings accounts have already been activated by over seven million children. These are investments in our future." (Watch) <-> "With my most-favored-nation policy… we are achieving record discounts on prescription drugs. Prescription drug prices had been rising dramatically for many years and now we are getting record discounts, with price reductions of 300%, 400%, 500%, 600%." <-> "We are also making unprecedented investments in the United States Armed Forces… We look forward to receiving $1.5 trillion next year… and the good news is that all of this equipment is made in the USA." (Watch)

Vice President J. D. Vance reported on significant progress in the administration's aggressive campaign against fraud. <-> "Just since the start of the Anti-Fraud Task Force I established under the leadership and direction of the President, we have identified $230 billion in fraud being perpetrated against the American people — and of that, we have already stopped $56 billion." <-> "Just today, Mr. President, we will be announcing 17 new anti-fraud actions that will total roughly a third of a billion dollars and add to the $230 billion we have already uncovered."

Secretary of State Marco Rubio outlined decisive steps to restore American leadership and sovereignty abroad.

"The International Criminal Court is an illegitimate international organization. They made themselves illegitimate because they claim that even if you are not a member of that court, they can prosecute you. That literally means in the future that American soldiers, political leaders, and others could find themselves under indictment by this International Criminal Court… We have now begun working to truly bring this court to heel."

"60 countries came together in Washington and were part of an effort in which we are shining a light on the terror and violence of far-left politicians." <-> "The deal with Lebanon and Israel is unprecedented… It is the first time that Israelis and the Lebanese government have been speaking at an official level in nearly 30 years." <-> "As you announced last night, Mr. President, this disarmament agreement you reached [with Hamas] is also another major step. It is something many people thought would never happen." <-> "For the first time in 15–20 years, the overwhelming majority of countries in the Western Hemisphere are now led by pro-American leaders and pro-American governments. It is a remarkable achievement."

Secretary of War Pete Hegseth described how the Department of War is rebuilding a lethal, merit-based military.

"When you eliminate DEI, when you eliminate social engineering and social justice and replace it with merit, and then untie the hands of commanders to enforce discipline and accountability, to get back to basics, you get historic reenlistment in our ranks. Our best people, Mr. President, are staying because they want to be in such a department. And then you get historic record recruitment of young Americans. Every month our department is breaking records."

"We are committed to working with Congress to secure $1.5 trillion. But this is not the same way we funded our department in the past." <-> "$75 billion in private investment so far from defense companies that are now investing in new factories, new equipment, new assembly lines to produce the ammunition of the future faster than ever before. This saves taxpayer money."

Treasury Secretary Scott Bessent praised the achievements of President Trump's economic agenda in delivering real gains for Americans.

"The tax cuts for working families — which, I will add, every single Democrat voted against, every Democrat voted against — are the perfect dumbbell for this economy. On one side you have full expensing for factories, for equipment, for farm buildings. On the other side your four key principles — promises made, promises kept — no tax on tips, no tax on overtime, no tax on Social Security, deductibility of car loans if you buy a car made in America."

"Core inflation is low. Consumer confidence is strong. We have the highest consumer confidence — it came out today — in five months." <-> "These Trump Accounts are the most successful program launch in government history. We saw seven million families sign up; we are about to open enrollment and will have 70 million families signed up." <-> "We had the biggest tax refund season ever."

"America is experiencing the greatest reshoring wave in our history. In June, our manufacturing sector expanded for the sixth consecutive month. We have construction jobs and they will connect with manufacturing jobs." <-> "Real wages rose by $1,000… the bottom 25% of workers, just as in your first term, are outperforming the top 25%… Last year wages for that group rose by 5.5% — three times more than for the top groups."

Secretary of Health and Human Services Robert F. Kennedy Jr. announced that TrumpRx is already delivering enormous savings and paving the way for the lowest drug prices in the world. <-> "By the time you leave office, assuming that is in 2028, 95% of drugs available to Americans will pay the lowest prices in the world." <-> "TrumpRx has saved Americans $700 million in just a short time since its launch. We now have 800 drugs on there. We have deals with Amazon, with GoodRx. Every day we are adding more and more drugs."

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