Real estate mogul Donald Trump announced on Wednesday that he will be seeking the Republican nomination for president, according to a CNN report.

The announcement came as Trump delivered a 45-minute speech, where he touched on issues he’s explored in past election seasons, like job creation and Chinese currency manipulation, wrote CNN.

In the past, Trump has brought up running for office in 2000 and 2012 but never moved forward in seeking a nomination, according to the New York Times.

"Sadly the American dream is dead," Trump said during the end of his speech, according to the Washington Post. "But if I get elected president I will bring it back bigger and better and stronger than ever before."

Trump also highlighted the need for a plan to defeat ISIS and infrastructure reforms to build a wall along the southern border, according to CNN.

“ISIS, China, Mexico are all beating us. Everybody is beating us,” he said, adding that the United States is becoming a “laughing stock all over the world,” according to The Washington Post.

In recent polls, according to CNN, more than half of Republicans said they had a negative view of Trump.

A Trump spokeswoman told the New York Times Trump will be filling out the Federal Election Committee paperwork, which requires him to disclose a variety of financial information.

But the Times reported it was unsure if he would make a complete disclosure of tax returns, which while not required, is generally expected for presidential hopefuls.