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President seeks funding for missile defense, shipbuilding and signals diplomatic shifts on Panama, Greenland and Ukraine

President (addressing a joint session of Congress) · March 4, 2025
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Summary

The president asked Congress to fund a 'Golden Dome' missile defense system and a revived U.S. shipbuilding sector, described moves affecting the Panama Canal and signaled outreach to Greenland and Russia/Ukraine diplomacy, while reporting recent arrests and hostage returns in the Middle East.

In his address the president put defense and strategic infrastructure near the top of his agenda, asking lawmakers to fund a ‘‘Golden Dome missile defense shield’’ and to support a new White House office and tax incentives to rebuild U.S. shipbuilding capacity.

He said the administration is 'reclaiming the Panama Canal,' noted a U.S. company's acquisition of both ports around the canal, and named Marco Rubio as overseeing aspects of that effort. The president framed those steps as part of a broader push to protect American supply chains and assert U.S. strategic interests.

On foreign conflicts, the president reported that the government of Pakistan helped arrest a suspect tied to the Abbey Gate bombing and said U.S. efforts are bringing back hostages from Gaza. He said he had received a letter from Ukraine's president saying Ukraine was ready to negotiate and said his team had also received signals from Russia about willingness to talk; he urged pursuing a diplomatic path to halt the war.

The president also addressed the U.S. relationship with Greenland, saying the country was welcome to join the United States if it chose and insisting Greenland has strategic value for national security.

These statements were presented by the president as developments and policy priorities; the transcript records his characterizations and named personnel and companies but does not provide implementing legislation or independent corroboration of international agreements.