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Karoline Leavitt: “This piece of legislation [Genius Act] is going to make…”

Featuring: Karoline Leavitt, Republican | White House Press Secretary | National

Karoline Leavitt Discusses President Trump's Policies and International Relations

Published July 18, 2025 | Video Starts at 10:49

We know we have the votes, and we expect it to get to the President's desk. And we are planning a signing ceremony tomorrow afternoon. All of you will get more details on that. This piece of legislation [Genius Act] is going to make America the crypto capital of the world. And that's what the President promised. As for essential bank digital currency, the President opposes that. He made that promise to the American people on the campaign. (10:49–10:54)

CLAIM

Asserts that the Genius Act will make America the crypto capital of the world.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Karoline Leavitt

“He [President Trump] did sign a January executive order banning a central bank digital currency.”
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“Core inflation has tracked at just 2.1% overall since President Trump took office.”
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“Customs and tariff revenue has already totaled more than $113 billion since President Trump entered office.”
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“There were only 6,072 Southwest apprehensions in June, 15% lower than the previous record that this President set in the month of March.”
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“There were also zero illegal aliens released along the southwest border for the second consecutive month in a row.”
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“NPR refused to cover the Hunter Biden laptop scandal in the run up to the election.”
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“Phoenix Children's Hospital has stopped providing puberty blockers and hormone therapy to minors.”
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“Stanford Medicine ended sex change surgeries for minors.”
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“Children's Hospital Los Angeles is closing its center for Trans Youth Health and Development surgical program.”
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“Lurie Children's Hospital Chicago stopped state sex change surgeries.”
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“The Democracy Fund, which was funded to the tune of $83 million through the Department of State, but they were giving hundreds of thousands…”
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“The President...directed his administration to review a reopening plan for Alcatraz if it is possible.”
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“President Trump and the first lady will travel to the United Kingdom for an official state visit from September 17th to September 19th.”
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“This [rescissions package] will help restore fiscal sanity by rescinding billions in wasteful foreign aid and ending taxpayer funding for…”
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“Joe Biden's inflation crisis has been defeated.”
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“Their [Brazil's] tolerance of illegal deforestation and other environmental practices puts American producers, manufacturers, farmers and…”
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“The HALT All Lethal Trafficking of Fentanyl act will close the loopholes that criminals use to skirt around the law.”
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“Following President Trump's bold executive actions, the largest provider of these barbaric practices will now be closing its doors.”
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“Senate Republicans passed President Trump's $9 billion rescissions package.”
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“The President did signal his support for a diminimous exemption for crypto, and the administration continues to be in support of that.”
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“The President opposes [central bank digital currency]. He made that promise to the American people on the campaign.”
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“Democrats had control of this building, the White House for four years, and they didn't do a dang thing when it came to transparency in…”
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“It was this president who directed the Department of Justice and the attorney General to do an exhaustive review of all files related to…”
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“If Russia refuses to legitimately agree to a ceasefire, then they will face very steep territory tariffs and they will also face secondary…”
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“In 2018, that same CEO that you're talking about called the president in the Oval office who nearly 80 million Americans elected. She called…”
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“These are partisan left wing outlets that are funded by the taxpayers and this administration does not believe it's a good use of the…”
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“25 countries have received letters thus far from the president directly with his big beautiful signature on them from Japan to Korea, South…”
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