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![](https://static.time.com/v3/assets/bltea6093859af6183b/blt416e4c30be18c90f/6988b526bc6cfc13713dfc16/donald-trump3.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9)


# Read a Transcript of Donald Trump's Press Conference on Conflicts of Interest

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<!-- video src="https://cdn.jwplayer.com/manifests/SPuibc6H.m3u8" -->
## Video: Donald Trump's First News Conference Since Presidential Election

[Watch (HLS stream): Donald Trump's First News Conference Since Presidential Election](https://cdn.jwplayer.com/manifests/SPuibc6H.m3u8) (2:17)

![Donald Trump's First News Conference Since Presidential Election](https://cdn.jwplayer.com/v2/media/SPuibc6H/poster.jpg?width=720)

_Published 2017-01-11. President-elect Donald Trump on Wednesday denied and denounced an unsubstantiated report that said Russia had compromising information about him, calling it an “absolute disgrace” during the first news conference he has hosted in about six months._


by 

[Ryan Teague Beckwith](https://time.com/author/ryan-teague-beckwith/)


## Ryan Teague Beckwith


Updated: Jan 24, 2024 12:13 PM UTCPublished: Jan 11, 2017 5:16 PM UTC

President-elect Donald Trump on Wednesday denied and denounced an unsubstantiated report that said Russia had compromising information about him, calling it an “absolute disgrace” during the first news conference he has hosted in about six months. 

by 

[Ryan Teague Beckwith](https://time.com/author/ryan-teague-beckwith/)


## Ryan Teague Beckwith


Updated: Jan 24, 2024 12:13 PM UTCPublished: Jan 11, 2017 5:16 PM UTC

President-elect Donald Trump held his first press conference since July, addressing [plans for his upcoming Administration](http://time.com/4631607/donald-trump-supreme-court-justice-nominate-two-weeks/), [reports about ties to Russia](http://time.com/4631556/donald-trump-russia-fake-news-crap-sick-people/) and his plans for [addressing conflicts of interest with his business](http://time.com/4631597/donald-trump-business-separation/).

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 complete transcript of the event.

---

> “”

---


## Transcript

As far as hacking, I think it was Russia. But I think we also get hacked by other countries, and other people. Hacking's bad, and it shouldn't be done. But look at the things that were hacked, look at what was learned from that hacking. I saw the information, I read the information outside of that meeting. It's all fake news, it's phony stuff. It didn't happen, and it was gotten by opponents of ours. I have no dealings with Russia. I have no deals in Russia. I have no deals that could have been in Russia because we've stayed away. And I have no loans with Russia. Does anyone really believe that story?

I'm also very much of a germaphobe, by the way. My two sons who are right here, Don and Eric, are going to be running the company. They are going to be running it in a very professional manner. They're not gonna discuss it with me. I'll be making the decision on who we will put up for Justice of the United States Supreme Court. A replacement for the great great Justice Scalia. That will be probably within two weeks of the 20th. I don't feel like waiting a year or a year and a half. We're gonna start building. Mexico in some form, and there are many different forms, will reimburse us. And they will reimburse us for the cost of the wall.

That will happen. Whether it's a tax, or whether it's a payment, probably less likely that it's a payment. Well I'm not really seeing the tax returns, cuz as you know they're under audit. [ INAUDIBLE ] G I have never heard that. Ooh the G I have never heard that. I have never heard that. You know the only one who cares about my tax returns are the reporters okay. They are the only ones. No I dont think so. I won. I mean I became president. Go ahead. No not you. Not you your organisation is terrible. Your organization's terrible, let's go. Sir, sir. Go ahead. Quiet, quiet. Go ahead, she's asking a question, don't be rude.

Can you give us a question? Don't be rude. Can you give us a question? Don't be rude, no I'm not going to give you a question. You are fake news. Go ahead.

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