Trump administration accepts Qatari 747 to serve as Air Force One

• Trump scoffed at the criticism, saying it would be "stupid" to turn down a new Air Force One.

The latest: Defense Secretary Pete Hegseth accepted the 747 "in accordance with all federal rules and regulations," Pentagon spokesperson Sean Parnell said in a statement.

• "The Department of Defense will work to ensure proper security measures and functional-mission requirements are considered for an aircraft used to transport the President of the United States."

The big picture: The jet is worth 100 times more than every other presidential gift from a foreign nation combined since 2001.

• The Constitution prohibits anyone holding government office from receiving a personal gift from a foreign head of state without the consent of Congress.
• Trump argued the gift was not being made to him personally but rather to the Department of Defense. It will later be transferred to Trump's presidential library when he leaves office.
• News of the jet was reported ahead of Trump's trip to the Persian Gulf earlier this month.

The latest: The jet has become a punch line among world leaders.

• "I'm sorry I don't have a plane to give you," South African President Cyril Ramaphosa said to Trump on Wednesday.
• "I wish you did," Trump responded. "If your country offered the United States Air Force a plane, I would take it."

Go deeper:

• Backstory: How Trump got a free "palace in the sky"
• Air Force One gift would smash presidential records

Editor's note: This story has been updated with details throughout.