Trump Says He'll End Sanctuary City Payments on Feb. 1

Watch on YouTube ↗  |  January 13, 2026 at 20:13  |  1:00  |  Bloomberg Markets
Speakers
Donald Trump — President of the United States

Summary

President Donald Trump's remarks at the Detroit Economic Club focus on immigration enforcement and federal funding. He says the administration will send 90-day notices to places like California and will stop payments to sanctuary cities and states starting February 1. He argues sanctuary policies protect criminals, encourage fraud, and impose unaffordable costs on the country. The transcript contains no explicit security, asset, sector, or index investment thesis.

  • Trump says 90-day notices will be sent to places like California.
  • He argues no country can afford education, healthcare, and hospital costs for millions of migrants.
  • Trump says the US will stop payments to sanctuary cities and states on February 1.
  • He frames sanctuary policies as protecting criminals and encouraging fraud and crime.
  • The remarks contain no explicit investment recommendation or tradeable asset view.
  • Any read-through to local-government credit or state finances would require independent analysis.
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