Podcast Summary: Bannon’s War Room – Episode 5060

Title: Minnesota Has Fallen; Holding To Account Crossfire Hurricane
Air Date: January 12, 2026
Host: Stephen K. Bannon
Guests: George Papadopoulos, Michael Kunstler
Theme: National Crisis: Internal and External Threats to America’s Sovereignty, Security, and Identity

Episode Overview

Episode 5060 of Bannon’s War Room unpacks what Bannon calls a moment of “unprecedented turbulence”—focusing on a Justice Department investigation into Federal Reserve Chair Jerome Powell, ongoing unrest in Iran, and a broader campaign to counter what Bannon and guests label as internal subversion and foreign threats within the United States. The segment frequently frames current events as existential battles for America’s cultural, economic, and political survival, with special attention to alleged deep state conspiracies, immigration, and what Bannon terms the “Islamic invasion” of American cities and states, notably Texas and Minnesota.

Key Discussion Points & Insights

1. Justice Department Investigation into the Federal Reserve

• [00:00–01:00] Bannon opens with breaking news: the DOJ has launched a criminal investigation into Federal Reserve Chair Jerome Powell regarding his congressional testimony about D.C. headquarters renovations.
  • Powell claims the Trump administration is applying pressure over interest rates.
• Notable Quote:
  “This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions or whether instead monetary policy will be directed by political pressure or intimidation.” (Powell, paraphrased by Bannon, [00:40])

2. Unrest in Iran and Trump’s Stance

• [00:58–02:46] The show covers civil turmoil in Iran with high civilian death tolls from government crackdowns.
  • Donald Trump (via clip and summaries) expresses condemnation and hints at possible American intervention.
  • Political commentary equates Trump’s stance with Reagan’s Cold War rhetoric.

Memorable Quotes:

• “If they do that, we will hit them at levels that they've never been hit before and they won't even believe it. I have five options that are so strong.” (Donald Trump, [02:25])
• “Donald Trump says the best way to make Iran great again is for the protesters to win and the regime to come down.” (Political Analyst, [02:46])

3. Internal Subversion: The Red-Green Alliance and U.S. Sovereignty

• [03:37–05:20] Bannon discusses a perceived alliance (Marxists, socialists, anarchists, Islamists) working to destabilize America.
  • Particular focus on Texas as a “crown jewel” and Minneapolis as under siege.
  • Cites Islamist rhetoric heard in the U.S. as proof of a domestic threat.
• Notable Quote:
  “Islamic jihadis are plotting against you here and all over the United States. They are not coming. They are already here.” (Bannon, [05:20]) “Do not make the fatal mistake many German Jews made in the 1930s by thinking they are just exaggerating for effect.” (Bannon, [06:32])

4. Immigration and Sharia Law in Texas

• [08:18–11:11; 13:46–16:40] Emphasis on mass illegal immigration on “Biden’s watch.”
  • Bannon claims all migrants must go, not just criminals.
  • Announcements about the launch of “War Room Texas,” focused on supporting a primary to “ban Sharia law.”
  • References Minnesota and Minneapolis as examples of “failed multiculturalism.”
• Quotable Moments: “All of them have to go.” (Bannon, [08:34]) “We're launching War Room Texas to focus on the Islamic invasion of the state of Texas...” (Bannon, [13:46])

5. Global Geopolitics & U.S. Military Power

• [16:40–20:30] Bannon discusses movements of U.S. carrier battle groups and the impact of cutting off oil supplies to China and Iran.
• Commentary critical of Lindsey Graham and Fox News for previous interventions and for “cheerleading” wars.
• Quote:
  “They brought it on. Now it's time to... You want to cleanse it, you got to cleanse it yourself. Can't do it with outside [forces].” (Bannon on Iran, [17:30])

6. The Crossfire Hurricane/Deep State Investigation

• [21:48–27:43]
  • Bannon interviews George Papadopoulos about a new grand jury convened in Florida, aiming to pursue “deep state” actors (Comey, Brennan, Obama, etc.) for allegedly conspiring to undermine Trump.
  • Papadopoulos claims a decade-long government conspiracy, harnessing RICO, is being assembled on the Democrats.
• Quotes: “President Trump’s objectives have always been to prioritize and safeguard the American people from threats, both domestic and foreign ... The domestic threats are the most difficult and pernicious.” (Papadopoulos, [21:56]) “I believe there was an international effort, a weaponized effort by the CIA with the FBI and the Obama administration ... to then use people like Mueller and others to handcuff him and destroy his administration from ever really taking off.” (Papadopoulos, [24:56]) “And that's why this is the most sensitive and scandalous situation ... when Dni Gabbard and President Trump calls this a treasonous conspiracy led by a former president, meaning President Obama, you don't use those type of words lightly.” (Papadopoulos, [27:13])

7. The MAGA Movement's Endurance & Electoral Victories

• [32:01–40:57] Bannon lists perceived “seven of eight” election victories for MAGA since Trump’s rise.
  • He frames opposition actions as efforts to “destroy” the populist movement, touting audience empowerment.
  • Bannon discusses the mechanics of how immigration, “phony” votes, and left-leaning urban mayors keep “the system” in power.
• Noteworthy Quotes: “Let me repeat, we've won seven of eight national elections.” (Bannon, [36:11]) “It is upon your shoulders that all power rest. And you put Trump on your shoulders and he committed to come back understanding ... they would bankrupt him and they would come after him on all kind of false charges.” (Bannon, [39:15])

8. Pharmaceutical Segue: Disrupting the Establishment

• [45:30–52:38] Michael Kunstler of All Family Pharmacy joins to describe a parallel effort to upend “Big Pharma.”
  • Promotes direct access to medications, cutting out traditional insurance and retail chains.
  • Pitch for “biohacking” and alternative therapies, referencing Charlie Kirk's endorsement.
• Quotes: “We're giving them direct access to drugs that, you know, physicians just primarily don't want to prescribe anymore. Big Pharma doesn't want you to have access...” (Kunstler, [45:59]) “Ivermectin, our number one drug. We compound it in house based on the weight of the patient.” (Kunstler, [50:02])

Notable Quotes & Memorable Moments (with Timestamps)

• On the Deep State Conspiracy:

  “The FBI, the DOJ, the DNI and the CIA are all looking at a 10 year long government conspiracy case ... looking at RICO charges ... People like Brennan, Obama, Comey and the upper echelons of the Democrat Party are all now in the crosshairs of this grand jury.”
  (George Papadopoulos, [22:50])

• On Comparing Present Dangers to History:

  “Do not make the fatal mistake many German Jews made in the 1930s by thinking they are just exaggerating for effect ... They mean every word they tell you. Take them literally.”
  (Stephen K. Bannon, [06:32])

• On MAGA Empowerment:

  “It is upon your shoulders that all power rest. And you put Trump on your shoulders ... the bravest, most moral thing ever done in American political history.”
  (Bannon, [39:02])

Key Segments & Timestamps

• DOJ Investigation into the Federal Reserve - [00:00–01:00]
• Iran Protests & U.S. Response - [00:58–02:46]
• Marxist/Islamist Threats to the West - [03:37–08:10]
• Immigration and Sharia Law Concerns in Texas - [08:18–16:40]
• U.S. Geopolitics & Energy Warfare - [16:40–20:30]
• Deep State and Crossfire Hurricane Grand Jury Discussion - [21:48–27:43]
• MAGA Victories and Populist Movement Overview - [32:00–40:57]
• Pharmaceutical Disruption, All Family Pharmacy - [45:30–52:38]

Tone & Language

• Aggressive, urgent, and combative—unapologetically anti-establishment.
• Frames current political and cultural developments as existential battles.
• Blends populist rhetoric, conspiratorial undertones, and calls to action.
• Repetitive language emphasizing “purity,” “sovereignty,” and the necessity of radical reform or removal of perceived threats.

Summary for New Listeners

This episode delivers a sweeping narrative of crisis—both manufactured and real. The tone suggests America is at a crossroads, threatened by both internal subversion (the “deep state,” illegal immigration, cultural and religious infiltration) and external forces (Iran, China, global elites). Bannon and guests argue for a return to nationalistic policies, empowering the populist base, rooting out corruption, and confronting any force (within and without) that they perceive as endangering American sovereignty, culture, and prosperity. The show notably blends headline news, deep state conspiracy theories, foreign policy commentary, and commercial pitches, appealing to listeners’ sense of populist activism and market skepticism.