President Trump and Sec. of Transportation Sean Duffy make an announcement — 7/29/2026

Summary

President Trump and Transportation Secretary Duffy announced a major $22.5 billion renovation of Washington Dulles International Airport, preserving the historic terminal while replacing concourses and adding a massive parking structure. The project is largely funded by the airport and airlines like United without federal dollars. A Q&A session covered topics from Iran strikes and AI to the UK's North Sea oil and Fed policy.

• Trump and Duffy unveil a $22.5 billion overhaul of Washington Dulles Airport, aiming to make it a world-class facility.
• The project will replace outdated concourses, add 32,000 parking spaces, and preserve the iconic Saarinen terminal.
• No federal funds are required; United Airlines and other airlines will help finance it.
• Construction is expected to start in spring next year and be completed rapidly.
• Trump discusses US military response to missile strikes, praising the Patriot system's interception capability.
• On AI, Trump states the US leads China significantly and that AI dominance is bigger than the internet.
• Trump urges the UK to open North Sea oil, claiming it would restore the country's wealth.
• He also comments on the Fed holding rates steady, Fauci pleading the Fifth, and the need for voter ID laws.