In the sketch, Baldwin's Trump says he's in "pouty baby mode" over the ongoing investigations by Robert Mueller and fired National Security Advisor Michael Flynn's decision to plead guilty to lying to the FBI as part of a rumored deal to reveal information regarding Mueller's probe into possible Russian interference in the 2016 election.
As Trump ruminates alone in the oval office, he's soon visited by Flynn wearing heavy chains and shackles (a la Jacob Marley) who calls himself "the ghost of witness flipped." Flynn warns Trump that he's going to be visited by three other ghosts as well, starting with Billy Bush (in the role of the Ghost of Christmas Past).
"I'm here to remind you of that Access Hollywood tape, my man," a chipper Bush (played by Alex Moffat) tells Trump after appearing in a cloud of smoke. "Can you believe I got fired just for listening to you? Then you got elected president and now you're saying that that tape isn't even real? What?!"
When Trump comforts Bush and tells him he's sure he'll be able to find a job on TV again, Bush replies, "I hope so. And frankly, I'm looking pretty good in the NBC news division right about now."
"You, Donald, have given me the greatest Christmas gift of all! Sexual gratification in the form of your slow demise," Clinton says, before turning a familiar chant Trump originated during his campaign against him. "You have no idea how long I've wanted to say this: Lock him up!"