Sunday, February 01, 2026 07:00PM ET
ABC News Update
ABC News
3.8 • 1.3K Ratings
🗓️ 2 February 2026
⏱️ 4 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | From ABC News, I'm Wayne Cabot. |
| 0:05.0 | President Trump has just announced he is closing the Kennedy Center for two years. |
| 0:10.0 | For a renovation, a complete rebuilding, he says. |
| 0:13.0 | Last year the president fired its board, which then voted to add Trump's name to the center. |
| 0:18.0 | Weeks after that, the National Opera announced that it would leave the center, saying that box office revenue collapsed since Trump's takeover. Last week, composer |
| 0:25.6 | Philip Glass pulled out. A Trump family company confirms to ABC News that an Abu Dhabi |
| 0:30.9 | Sheikh bought a secret stake in it, right before the 2024 inauguration. After the Sheikh's |
| 0:36.6 | investment in World Liberty Financial, the UAE then won access to American AI |
| 0:40.7 | chips. Deputy Attorney General Todd Blanche responding on ABCs this week to what the Wall |
| 0:45.6 | Street Journal called, unprecedented, a foreign government taking a major stake in an |
| 0:50.3 | upcoming U.S. president's company. |
| 0:52.2 | There's nothing unprecedented about the Trump organization going out and trying to make investments |
| 0:59.1 | that basically all will come back to the American people and jobs in this country. |
| 1:03.1 | The journal says the shake made the half-billion dollar investment for 49% of World Liberty, |
| 1:08.4 | of which Eric Trump is president and Donald Trump is listed as |
| 1:11.6 | founder emeritus. A five-year-old boy and his father, Liam, and Adrian Ramos, have returned |
| 1:16.7 | from their iced detention in Texas, ordered freed by a judge. ABC's John Cignonis traveled with them |
| 1:22.8 | on their journey back to Minneapolis. It was a day that began at 4 a.m. |
| 1:28.9 | Adrian carrying Liam in his arms as we walked behind them down the jetway, Liam looking |
| 1:34.4 | scared and uncertain. |
| 1:36.6 | I asked Adrian how he and his son are doing. |
| 1:40.6 | We're happy to finally be going home again, he says. |
... |
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