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Read the transcript from Trump's news conference
Read the transcript from Trump's news conference · CNBC

On Wednesday, President-elect Donald Trump held his first news conference since his election in November. This is a transcript from the press conference.

Thank you very much. It's very familiar territory, news conferences, because we used to give them on an almost daily basis. I think we probably, maybe won the nomination because of news conferences, and it's good to be with you.

We stopped giving them because we were getting quite a bit of inaccurate news. But I do have to say that, and I must say that, I want to thank a lot of the news organizations here today. Because they looked at that nonsense that was released by maybe the intelligence agencies, who knows, which would be a tremendous blot on their record if they, in fact, did that, a tremendous blot, because a thing like that should never have been written, it should never have been had, and it should certainly never have been released.

But I want to thank a lot of the news organizations for, some of whom have not treated me very well over the years, a couple in particular, and they came out so strongly against that fake news and the fact that it was written about by primarily one group and one television station.

So, I just want to compliment many of the people in the room. I have great respect for the news and have great respect for freedom of the press and all of that, but I will tell you, there were some news organizations, with all that was just said, that were so professional, so incredibly professional, that I've just gone up a notch as to what I think of you, OK? All right.

We've had some great news over the last couple of weeks. I've been quite active, I guess you could say, in an economic way, for the country. A lot of car companies are going to be moving in. We have other companies.

Big news is going to be announced over the next couple of weeks about companies that are going to be building in the Midwest. You saw yesterday Fiat Chrysler (Milan Stock Exchange: FCA-IT), big, big factory going to be built in this country as opposed to another country.

Ford (NYSE: F) just announced that they stopped plans for a billion-dollar plant in Mexico. And they're going to be moving into Michigan and expanding very substantially an existing plant.

I appreciate that from Ford. I appreciate it very much from Fiat Chrysler. I hope that General Motors (NYSE: GM) will be following, and I think they will be.

I think a lot of people will be following. I think a lot of industries are going to be coming back. We have to get our drug industry coming back. Our drug industry has been disastrous. They're leaving left and right. They supply our drugs, but they don't make them here, to a large extent. And the other thing we have to do is create new bidding procedures for the drug industry, because they're getting away with murder.