Trump inauguration updates: Trump takes victory lap at at Make America Great Again Rally

Trump repeated several of his campaign lines on immigration, including the unfounded claim that foreign governments are "emptying" their prisons, jails or mental institutions into the U.S.

He said the press excoriated him during the campaign for repeatedly bringing up the fictitious character Hannibal Lecter but suggested some of the immigrants living in the U.S. "are probably worse."

The crowd applauded as he teased plans for mass deportation, without going into detail.

"As of today, TikTok is back," Trump said to loud applause at a pre-inaugural rally in Washington. Trump credited TikTok with helping him perform much better with young voters than Republicans have historically.

"Frankly, we have no choice. We have to save it. A lot of jobs. We don't want to give our business to China. We don't want to give our business to other people."

Trump suggested he would use his leverage to seek a joint venture in which the U.S. government owns half of the company without putting up any money.

"So whether you like TikTok or not, we're going to make a lot of money," Trump said.

Trump took credit for the first hostages being released from Gaza, rebuffing Biden, who has also taken credit for the deal.

"We achieved more without being president than they achieved in four years with being president," Trump said, dwelling on the moment.

He also boasted about the economic outlook.

Since the election, "the stock market has surged" and "Bitcoin has shattered one record high after another," Trump says.

At an inauguration eve rally, Trump promised drastic changes over the next four years.

"Tomorrow at noon, the curtain closes on four long years of American decline, and we begin a brand new day of American strength and prosperity, dignity and pride," he told an estimated 20,000 people at his Make America Great Again Victory Rally in Washington.

In his speech, Trump touched on many of the issues that he campaigned on.

"We're going to end the reign of a failed and corrupt political establishment in Washington, a failed administration. We're not going to take it anymore," he said. "We're going to stop the invasion of our borders. We're going to reclaim our wealth. We're going to unlock the liquid gold that's right under our feet. Liquid gold. We're going to bring back law and order to our cities. We're going to restore patriotism to our schools, get radical left woke ideologies the hell out of our military and out of our government."