Watch: President Donald Trump holds a press conference with Norwegian prime minister

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President Donald Trump held a press conference on Wednesday afternoon with Norwegian prime minister Erna Solberg, his first formal press briefing of the New Year.

The event came as the White House and congressional negotiators attempted this week to hammer out an immigration compromise that would protect undocumented young people who were brought to the United States as children.

The press conference also occurred less than a week after the publication of a blockbuster tell-all book about the Trump White House, "Fire and Fury," by Michael Wolff. Former White House chief strategist Steve Bannon was one of Wolff's primary sources in the book, which quotes him calling a 2016 meeting between Donald Trump Jr. and Russian lawyers, "treasonous," among other disparaging comments about Trump and his family.

In the ensuing seven days, the fallout for Bannon has been swift and merciless. Trump accused his onetime friend of having "lost his mind," while his major financial backers abandoned him. On Tuesday, the conservative website Breitbart confirmed that Bannon was stepping down from his role as the outlet's executive chairman.