Kate Obenshain (2:31)

The majority say that he and they should.

Steve Bannon (2:34)

How about a proof of Trump trying.

Kate Obenshain (2:35)

To cut staff at government agencies?

Steve Bannon (2:37)

Again, you get a majority here, 51%. So, yeah, Elon Musk might not be that popular, but these cuts in the.

Kate Obenshain (2:43)

Idea of spending cuts, at least within.

Steve Bannon (2:45)

The federal government and coming at government.

Kate Obenshain (2:47)

Agencies, that actually has majority support. I was truly surprised by this, Kate.

Steve Bannon (2:51)

But the numbers are the numbers.

Kate Obenshain (2:53)

Well, there is, there is a view.

Nate Fisher (2:55)

That cuts across Democrat and Republican of people thinking that Washington is too big, bloated federal government, waste, fraud and abuse.

Kate Obenshain (3:02)

I mean, those are drain the swamp is what people run on over and over again. No, let me have it. No, no. Yeah, I want it. Let me have it. I want to play that some more right there. They're saying the consensus and Elon's numbers may be dropping. I would argue he's probably a heat shield for President Trump. I think in that regard, positive people aren't back of this. They want to get the waste, fraud and abuse out. And that is across that, that part of it is across aisle. The programmatic cuts are not across the aisle. The Democrats want bigger government. They want more intrusive government. That's why it's deconstruction. The administrative state has to be done programmatically and by Billets. And you're going to have to do the defense part, Defense Department, if you have any hope of doing some of the social programs, including part of Medicaid. And Medicaid is going to be a tough cut. But I think with work requirements, block granting back to the states where you're not just stiffing the states, there's got to be some 30% air pocket. But I mean a real block grant back where you know it's going to be properly managed and financed and cutting out illegal aliens. Got to do it. And then you got to get into the. If the mandatories, the mandatory spending, you're not going to get there until you're not. Social Security and Medicare are off the table. There's off the table until. And I don't think there's any confusion in President Trump. They make a huge, oh, he's going through all these numbers, people being paid, whether 150 years old. We understand that that is in all likelihood a computer, you know, a computer filing system. I would love to be that the fact that they were doing it. But I think the two mandatory programs, you're going to, you're simply going to have a. It's a contract to the American people. And contractually they're not going to give it up when they don't believe the political class. And this gets back to my point on, on where we are in financing all this, this audience is very important. You guys are critical. That's what people come here while they talk. Hey, because of you. You're the factor of human agency. It's your agency and it's going to be huge in this play. And that's why I think it's pretty obvious to back a clean cr, which is something in this audience. You didn't back it when I was in prison. Thank God. It made it harder. They wanted to do a whole year at that time and had every reason, every excuse in the book in December is supposed to be to get the appropriations. Have President Trump's input. Well, I would say that President Trump's input. It's not perfect. They didn't get the appropriate. It's not perfect, but it's what Doge has found so far. We have to have a range. I don't think it's. And I hate in the House not asking specific questions about that last night. You gotta stop fanboying and you gotta stop the fantasy. We don't have capes on. This is grinding it out and this is gonna be very tough. We have to face reality. I particularly don't feel great that after this show was the one that said, you gotta force them across the Potomac to the Pentagon. Because, remember, all the people around him said, oh, no, no, no. Pete Hex is gonna handle the Pentagon. Doge will do everything else. No, no, no, no, no. It doesn't work like that. Doesn't work like that. Pete's got his own issues and account audits, all this stuff. This has got to be an outside, fresh set of eyes. If you're going to do it for part of the government, you got to do it for the biggest part. And that's the industrial complex over the Pentagon. Three weeks there. Have you seen any big announcements? Every day you got Sean Parnell, who's as good a guy as you're going to find, hit of comms over there, and Sean comes out and says, hey, it's been. I think he told Bloomberg, $80 million. Three weeks, $80 million. I'm not feeling good. You're not going to get to a trillion dollars doing that. And we have to see what the reality of the trillion dollars is. If it's a trillion dollars, I'd be the happiest man on God's earth. Because then we would be down the path to a solution. Having worked in finance in my entire adult life outside the Navy, I don't see it, because you can't feel it. Maybe it happens. And if that's not the case, then you have to go to the programmatic cuts. And this is my point. That's when it gets down and dirty, that's when there's no coming across the aisle. It's not. Is Nate up? Do we actually have him? Do we actually have him? Okay, fine. You might want to tell me that next time. Nate Fisher joins us. CEO of New Founding. Taking up half your time, Nate, what is New Founding? You're one of these, you're in this movement, in the MAGA movement and kind of this new right movement. You're one of these intellectuals that are a tech guy, you understand tech and you're trying to bring tech and get it into the MAGA movement in a smart way because you're also coming at things in a deep, spiritual way. Walk through what New Founding is. Why is it important?

Nate Fisher (8:14)

Thanks for having me, Steve. So New Founding is a venture firm. And I would say really what I'm trying to do is I'm trying to look at the macro landscape and look at both where we want to go and where forces are moving us that are changing the country, largely tech driven forces. And then think about the levers in business and technology that can help both help get us there. And ultimately we're a business, we're a venture firm. We're betting on, we're betting on businesses that can be profitable if we achieve a outcome we find desirable. So we have a early stage venture fund. We've invested in about at this point, 10, 12 companies, depending on when you start. And we have a few companies we're incubating ourselves, some of which are conventional sort of technology ventures, some of which I would say are, are very different. One is a development in Kentucky and Tennessee and rural Kentucky and Tennessee. We're actually focusing on a new vision for local and small town life. So I think as technology changes, you obviously focus on the technological, but people.

Kate Obenshain (9:22)

Also think, hang on, hang on, hang on. The reason I find you fascinating, besides the fact you went to Harvard Law School and I think your wife did too, and you've dedicated your life, you dedicated life not to be at Cravath or Sullivan and Cromwell, which I find amazing. The Guardian, which you know, is one of my favorite papers because so well edited, the content is totally left wing, very progressive. But the Guardian says in particular about your situation in Kentucky. You're a white nationalist, you're a quasi cult. You've started this. You're like Robert Owens back in Indiana in the 19th century, right? You've started this kind of White. It's not in the American redoubt in Montana, Idaho or Wyoming, but you've taken it to Appalachia. What's your response to that, sir?

Nate Fisher (10:08)

Well, the first response is they threw out white nationalists and then we challenged them on it. They had literally nothing in the article supporting that claim at all. So three hours later they changed it to Christian nationalist, which we sort of settled with. But I think a lot of people frame that actually points, I think, to how we approach this problem generally. A lot of people look at that. We're building a community where we're intentionally marketing it to Christians. We're sort of advertising a very different way of life, a very pro Christian way of life. A lot of people sort of instinctively like to say, well, that must be a. Must be a cult. But what we've actually done, and really the people we've reached here have been high agency people who are often grinding it away in sort of a suburban life and a big firm life and whatever. And they realize they have almost no control over their life. And almost nothing they're doing is actually shaping the country in a way that is building a future that they want for their kids. And that's just profoundly dissatisfying, not to the sort of low agency people that cults often prey on, but actually to high agency people, people who feel like they have the potential to do more. So more than anything, what we're trying to do is offer a landscape, offer a platform where people like that can come and they can be around a critical mass of other people who share enough of their vision, but also just want to build. And so really, I think what has resonated from the very beginning, we launched this in January 2021, a very, very dark day for our movement. A very dark month for our movement. What's resonated about our mission is where we're looking for and trying to offer paths to sort of, in many cases, regular people, people with business skills or whatever, people with people who haven't been don't see levers for impact in politics. For them to feel like they can actually build the country they want to live in. And that resonates. That's a very American mindset, and it's one that I think people are hungry for. And it has drawn a lot of people over the last four years.

Kate Obenshain (12:12)

Those are the connective tissues. I want to get to this because I think this is why people are quite. People on the progressive side and kind of our opposition are deadly afraid of you, because not just the intellect, but it's this kind of Christian nationalism or your belief in Judeo Christian west, in high agency combined. That and whatever you're doing, whether it's tech investment, whether it's starting this new entity in Appalachia, or whether it's other things you're doing to look through how you can restructure the American economy to be more effective, maybe not more efficient, but more effective. You scare people. Why are they afraid of someone that say, hey, I believe in the Judeo Christian West, I am a Christian nationalist and I believe in high agency people. In fact, we don't believe low agency people are what, in cults? But we believe in high agency people. Christian nationalism, the J or Christian West. Why do people. Why does that make the Guardian afraid of you?

Nate Fisher (13:11)

So I think fundamentally I see it as parallel. I see it in some ways as parallel in the business world to what you see with the Trump shift, where we're no longer afraid of power. We're no longer afraid of recognizing that the decisions that are made in the spaces we operate are values laden. So just as I think what you saw with Trump was someone who realized, rather than this sort of reflexive libertarianism, principles driven libertarianism that had sort of governed it, I would say, hamstrung Republican politics for so many decades, he realized you can actually use government as a force to achieve an end. You are, you are establishing a vision that you find attractive. You're rallying people around that and you're using levers at your disposal to get there. And in the case of Trump, heavy focus on government, very scary to people who really want Republicans to sort of shy away from any of those levers. I would say the same thing is actually true in business and, and venture. So venture, at its very essence is political in some sense. You are envisioning a future that doesn't exist. And what an entrepreneur does is an entrepreneur wills that into existence and uses whatever levers are out there. In particular, in a time of technological change, using the levers of technology can be a very powerful way of achieving the desire at the end.

Kate Obenshain (14:32)

You want Nate? Nate, Hang on for one second. We'll take a short break. Nate Fisher from New Founding, one of the most consequential young men in this country today. Short break. Have you seen the news from economists forecasting a depression? I'm not talking recession. I mean depression by the year 2030. We're in a perfect storm as Social Security and Medicare hit a breaking point, with the largest generation hitting retirement. A smaller workforce means a smaller tax base. Pair that with our growing national debt and rising cost of living and you got a problem. And I mean a big problem. So what are you going to do now to protect your family for the future? Gold is a safe haven in hard economic times. And Birch Gold makes it easy to diversify a portion of your savings into physical gold. Birch Gold will help you transition an existing IRA or 401k into an IRA in gold. And it doesn't cost you a penny out of pocket. Protect your future and protect it today. Text Bannon B A N N O N to 989-898. Get your free info kit on gold and a copy of the Ultimate Gold Guide for the Trump Era. That's the Ultimate Gold Guide for gold in the Trump Era. With Forward by Donald J. Trump Jr. There's no obligation. This is only information. Birch Gold has earned the trust of countless Americans looking to safeguard their savings. You can count on them, too. Text my name, Bannon, to number 989898. Remember, the ultimate guide for Investing in Gold in the Trump Era. Forward by Don junior Birch Gold. Do it today. Stephen K. Band okay. You know, in building the alternative Patriot economy, we've been on kind of roll. Patriot Mobile is your phone service. Remember, if you call, you get an American citizen. It supports your values. It gives to philanthropic and charities, whether it's First Amendment, first responders, all of it. They're huge in the in their pack in Texas on sorting out the mess in the schools down there, the key is to switch. You want to learn how to switch. 972 Patriot, 972 Patriot or patriotmobile.com Bannon. You get an operator, talk to them about what you need to do to switch. Today. It's layered on top of the other carriers so you get amazing service. And if you put in Bannon or if you tell the operator Bannon, you get a free month. Let's go check it out today. Glenn Story and the team wanted to thank him for having us down at Tarrant County. That was amazing. Folks in Tarrant county are absolutely incredible. Nate Fisher, when you're putting money to work at Newfoundland, you said, hey, it's actually a political act because you're, you're actually foreseeing the future with the entrepreneur. What is the future? You see, you've got this going on in Appalachia. You've got these other endeavors. You're working on about actually trying to restructure the American economy. You're a venture capitalist. What is the future that you see? Why does the Guardian consider you one of the most dangerous young men in this country. Sir.

Nate Fisher (18:10)

So, key point, we're envisioning a future that could be. And it's not guaranteed. And I think you look at. And that's ultimately what scares them. You have guys like Sam Altman and sort of other people in technology who will try to paint a picture of almost inevitable tech change in one direction, very transhumanist direction. Fundamentally, we don't have to accept that we can use technology in a way that complements people, that ultimately uses it to lever goals we want. Fundamentally, the future I want to see is one where. One where human agency remains a central driver of every aspect of life. It's distributed power, by and large, or decentralized power. So it's the opposite of highly centralized tech platforms, and it's the opposite of sort of handing our life over to technology as transhumanists want. And that touches any number of questions. It touches how we live our local life. It touches how we use the Internet. It touches what we bet on. And ultimately, I think that's a bet on people. And I think it will pay off. So from a business perspective, it will pay off, but there's no guarantee you get there. There's other paths where you hand more.

Kate Obenshain (19:26)

In the algorithmic age, are you just nothing more than a modern Luddite? Sir?

Nate Fisher (19:32)

Not at all. I think that throughout history, you've seen people master technology and you've seen people hand things over to technology, and you think of. You ultimately look at America, and I think America has thrived as it has, not because it was afraid of technology, but because it built a culture of people who knew how to master technology and how to use technology for their ends. And ultimately, those are the people who are going to produce better innovations and better and more effective companies that use technology as well. So it's not even something we need to fear. It's something we need to master. We need to realize what the purpose is, and we need to. We need to ultimately not be. We shouldn't be let along. I look at the TikTok algorithm as sort of the epitome of hand your life over to technology. Social media is no longer even social. It's just sort of determined by what the algorithm recommends next. That's one path you could see. The other path is not one where you throw away your phone. The other path is one where you use your phone to make the connections you want to use, to share the content you want to use, to ultimately, in many cases, even bring your community closer together.

Kate Obenshain (20:45)

Nate this is Great. I want to spend a lot more time with you until then. Where do people go to get your writings? Where do people go to find out more and particularly where do people find out more about this development you're doing, this community you're building in Appalachia and Kentucky, sir.

Nate Fisher (21:01)

So our website has a lot new founding.com you can go there. I've written a few pieces there. We have a piece about the Highland Rim project, which is this, this development we're doing. Chance to get on the waitlist, chance to actually inquire about moving there. And then I'm active on X. I very active. That's. That's been a platform since the beginning for us. So those are the two best places to find us.

Kate Obenshain (21:24)

And how do people get you on Twitter?

Nate Fisher (21:27)

On Twitter. A Fisher my name.

Kate Obenshain (21:32)

Thank you very much, brother, for coming on. Appreciate you.

Nate Fisher (21:36)

Thank you for having me.

Kate Obenshain (21:37)

Agency take your number two prince a lot and write that down. High Agency honored to have on again Brigadier General Amir Avivi, retired from the IDF. Sir, President Trump has been, is the last 24 hours has been very much adamant about he's kind of putting a deadline on the Muslim Brotherhood fringe Hamas about no more games. This thing's got to be fulfilled. We need to see the hostages dead or alive, but I want to see all of them or you're going to have to deal with essentially deal with the IDF and him. Can you get us up to date on what's the plan, what's actually happening? It's a little confusing here in the United States, sir.

Brigadier General Amir Avivi (22:19)

Yes, I must say that we wouldn't have seen any hostages coming back as we saw the last two months, without President Trump standing strong and sending a clear message to Hamas that the gates of hell will open if they don't release hostages. This helped us release 33 hostages. And now the message is clear. Either continue releasing, bring us back our hostages, or the gates of hell will open. And the IDF is currently preparing for a decisive attack against Hamas. And as President Trump said, the US Is equipping the idf, Israel with everything we need to move forward and attack in a decisive way that will destroy Hamas, the governmental and military entity, enable us to release the hostages and create a new reality in Gaza where never again there will be a terror army controlling this area. And of course, this has to do also with the plans that come afterwards of relocating the Gazans to new places.

Kate Obenshain (23:30)

So the question is, you know, particularly people that follow this closely, they're a little surprised the IDF didn't take care of this the first time. Is this because. Did the Biden administration hold you guys back? Was there tactical issues, operational issues? Because people thought that given October 7, that this thing would take care of relatively quickly. Obviously, it hasn't. You guys are planning now for a second sweep, a second incursion. Why did it not happen the first time? Was that Biden administration or was it more related to the idf?

Brigadier General Amir Avivi (24:03)

It relates to many issues. One thing is that we had the military leadership that didn't believe in really going and conquering all of Gaza. Another issue was that we knew as we were fighting in Gaza that we're fighting on seven different fronts and we have to get ready to move the whole army from Gaza to Lebanon and Syria. We needed to keep the troops fresh and not really invest them completely inside Gaza. We knew we had to go to the north, so they decided to concentrate more on raids and degrading Hamas as a military entity. And then after 10 months, we destroyed roughly 70%, maybe 80% of Hamas. The center of gravity was moved from Gaza to Lebanon. And there we really did a good job. Decisive attack that brought Hezbollah on its knees in a few weeks. And this also brought a collapse in Syria, where we destroyed 80, 90% of the Syrian army and their capabilities. And now the north is in a completely different reality. And of course, there is also the issue of Biden. Until January 2024, the Biden administration was 100% with Israel. And this helped us a lot. But then there was a complete change in the policy. And from that point onwards, the administration tried in every way possible to stop Israel from achieving its goals, looking for ceasefires, decreasing their operations and so on. And of course, also stopping munitions. This affected us dramatically. Israeli soldiers paid with their lives because the administration wouldn't give us munitions. This was devastating. It slows us down a lot. And now the reality is completely different. Completely different leadership of the army, a new chief of staff determined to win this war. Endless amount of munitions that are coming from the US but also being produced in Israel. The Israeli industries have grown dramatically throughout the war. The huge support President Trump is giving Israel and the umbrella needed to really move forward in the send their troops and win the war. Everything is different and we are in a new reality.

Kate Obenshain (26:40)

This is what I think gets me surprised. Hezbollah had such a great reputation of light infantry. The Syrian army, you pivoted to the north and absolutely, effectively destroyed Hezbollah and destroyed the Syrian army. Yet you seem bogged down in Gaza. Is it because urban warfare you're not prepared for? And I think people think the victories against Hezbollah were pretty shocking. It's really put the Persians on their back foot, sir.

Brigadier General Amir Avivi (27:05)

Yeah, I think that we were much more prepared for the fight against Hezbollah. The intelligence was very, very good. We saw also the pagers and other capabilities that were developed by the Mossad that completely created awe and shock among Hezbollah troops in Gaza. The issue of the tunnels. The whole Gaza Strip is dug with tunnels. This created a very, very complex environment for the idf. I think no army in history has fought in a battlefield similar to the Gaza Strip. It turns out that the Gaza Strip was much more complicated than the north. And also we have to remember that we had our people inside that were captured by Hamas, kidnapped, and there were areas in Gaza we couldn't go into. As long as they are holding Israeli people there, we cannot go in. We will endanger their lives. So this created limitations on the operation.

Kate Obenshain (28:14)

Yeah, General, just hang on one second. We'll take a short commercial break. Brigadier General Avivi from Israel. Next in the war room. I've been telling you about a very serious threat to your home equity home title fraud. One document, a fake notary stamp and about 40 bucks. And your title is out of your name and into someone else's. And the scammer who took it will take out loans or even worse, sell your home behind your back. You have to protect yourself. The best way is Home Title Lock's million dollar triple lock protection. Now this service gives you 24. 7 Monitoring urgent alerts of any changes. And if fraud happens, their US based restoration team will spend up to $1 million to fix the fraud and restore your title. Go to hometitlelock.com use my promo code Steve25 to save 25% and get a free title history report to make sure you're not already a victim. And make sure you check out the million dollar triple lock protection details when you get there. That's hometitlelock.com promo code steve25 hometitlelock.com Promo code steve25. Do it today. And let me remind you, this service is 24. 7 Monitoring urgent alerts of any changes. And if fraud does happen, their US based restoration team will spend up to $1 million to fix the fraud and restore your title. Do it today. What if he had the brightest mind in the war room delivering critical financial research every month? Steve Bannon here. War room listeners know Jim Rickards. I love this guy. He's our wise man. A former CIA, Pentagon and White House advisor with an unmatched grasp of geopolitics and capital markets. Jim predicted Trump's Electoral College victory exactly 312 to 226, down to the actual number itself. Now he's issuing a dire warning about April 11, a moment that could define Trump's presidency and your financial future. His latest book, Money GPT, exposes how AI is setting the stage for financial chaos. Bank runs at lightning speeds, algorithm driven crashes and even threats to national security. Right now, War room members get a free copy of MoneyGPT when they sign up for Strategic Intelligence. This is Jim's flagship financial newsletter, Strategic Intelligence. I read it. You should read it. Time is running out. Go to rickardswarroom.com that's all one word. Rickards war Rooms Rickards with an S. Go now and claim your free book. That's rickardswarroom.com do it today.

Nate Fisher (31:21)

Here's your host, Stephen K. Band.

Kate Obenshain (31:26)

Okay, just on a programming note, and by the way, we might want to blow the brakes since we're going to go to and we get Raheem, we're going to go to Raheem Kassam live momentarily at the New York Economic Club, Secretary of Treasury Scott Bessant, as you know, one of our contributors here. Now, secretary of treasury is going to give a major address at the Q and a also from 12 to 1245. Talk about all the Everything's happening on Capitol Hill. Everything's happening with tariffs and everything's happening with the American economy. Very important. Rahim is there live. I'm gonna go to him in a moment. General, there's been a lot of discussion about a new chief of staff. Look, when you have a chief of staff that was there before and he was chief of staff when he took down Hezbollah and took down the Syrian army, that's not too shabby. Why was a change made? Do you know the new chief of staff? And why is he the right guy for right now since obviously it's gonna get a lot more kinetic? It appears in Israel, sir.

Brigadier General Amir Avivi (32:24)

Yeah. I've known Eyal Zamir, the new chief of staff, for the last 20 years. He comes from the armored forces. He's a guy who really, really understands big wars, ground forces, really the fact that a war is the realm of uncertainty. He's a brave officer. He talks clearly about victory, about a need to win decisively, about the need to destroy our enemies and really win. Therefore, he's the right guy. I think he's going to do a great job. Looking forward to see how he commands the war in Gaza and also in other fronts. We have to remember we have Iran. We have to deal with Iran and the nuclear program. A huge challenge ahead of us. It's not only about Gaza, to continue to secure the northern borders and also deal with Judah and Samaria, with many terrorists that attack from the Palestinian cities in this area. He has many challenges, and he's the right guy at the right moment.

Kate Obenshain (33:33)

Do you believe you have the political support from Tel Aviv, from the current government? I mean, President Trump is basically all in. He's given Hamas a deadline, and he says he'll unleash hell if they haven't complied with that. Do you think you have the support of the Israeli government? 100%.

Brigadier General Amir Avivi (33:52)

He has the support 100% of the government, of the people. Netanyahu three times tried to appoint him as chief of staff, knowing that he is the right guy for the job, and now it happened. He's very much liked by the society and the government as well. And now it's up to him to show that we chose well and to do the job. And I think he understands. I spoke with him a week ago and said to him, you know, all the people of Israel are looking up to you, and they want one thing, total victory, nothing less. He said, amir, I know. I know exactly what is needed to do, and I'm going to get the job done, and I trust he will.

Kate Obenshain (34:41)

Brigadier General Amir Avivi, thank you so much. Do you have social media? Can people follow you here in the United States, in Israel?

Brigadier General Amir Avivi (34:48)

Yes, definitely. Our website is idsf.orgil and we do, by the way, four times a week, daily briefing, really updating people, exactly what's going on on all fronts and where this is going. We're very much into the details, working with the government and the army, and tens of thousands of people follow. And I invite everybody to follow our briefings and also our content in the website.

Kate Obenshain (35:19)

Perfect. We'll make sure we start streaming that. General, thank you so much for joining us today. Appreciate you.

Brigadier General Amir Avivi (35:24)

Thank you very much.

Kate Obenshain (35:27)

President Trump, if you know him, this is one that's, you know, I tell you, one of his best sayings is no games. I think he feels that Hamas tried to play some games with him when he really, I think he and Steve Wyckoff did a deal that a lot of people were not totally excited about, but they did it to try to just like in Ukraine. I mean, President Trump's, you know, not going to satisfy everybody. He's bringing so many different parties together in so many of these different strategic relationships, and those who support him understand why he's doing this. But this one right here, I think could be a big one. And I think we want to get ahead of it. This new chief of staff is a guy I don't think you mess around with. And as you know, Bridge Colby, I think is going to get confirmed. We're very much. And we said yesterday with this leaked story that the Russians working with the American. I think it was Witkoff and his team in Riyadh planning on these meetings on this Russian rapprogmon. Talked about actually getting to the Persians and getting a diplomatic relationship, because the last thing on earth anybody wants is any type of military situation there, because then it's just going to spread to a whole fiasco like you have in Ukraine. And President Trump is working nonstop to do that, as President Trump is working Nonstop to deport 10 million illegal aliens in the country. And President Trump is working nonstop to try to sort this economy. The weight of the world's on his shoulders. You wouldn't have known that the other day when he went to the House. And I got to tell you, I do think it's one of the greatest speeches ever given. The more you watch it. His total command of the facts, his total command presence and the demonic response of the Democrats. That's why. And then yesterday thought it was so great that DJ Daniels get stopped by, you know, our little tent there on the by pebble beach and see Natalie given his star turn the night before. And his star turn really was just not his dad hugging him and everything was said and becoming an honorary member of the Secret Service. It was one of the West Point. You're gonna let me know when Rahim's there. It's when the young man was accepted into West Point and President Trump told him right there. Cause, hey, having Mo go to West Point, it ain't easy to get in. And the parents, the kids are kind of on tenterhooks. So to do that live was amazing. Who's the first guy to congratulate? DJ came from behind and did that high five. And when he did that, I said, that kid is the real deal. That young man gets it. So. And to have Nicole Wallace and these people just hating on him and Debbie Dingle and those the freak show show congressman giving him stink eye the entire time, it's outrageous. But President Trump's got to make hard calls. Just. Let's go back to this budget. I'll have more on this later. People are working nonstop. We do want to see the dosha right now. It's going to come down to One of two things. And what President Trump wants is impoundments. He wants to have after it's done, he's going to come back with a series of Doge cuts and I think other cuts, I think programmatic cuts between now and the end of the year for this fiscal year 25. And he's going to say, I'm going to impound that money. It's my right. In fact, it's my duty under the Second Amendment to the Article 2 of the Constitution. It's my right to do that and my duty to do that as chief executive of this government that is going to go to the Supreme Court. I am a lot less confident of that today than I was a couple weeks ago. And I wasn't all that confident then. Not 100%. Not like Russ and some other people think this thing's a slam dunk. I just. Because I think Roberts and Amy Coney Barrett, you know, don't get it. They're afraid. They're afraid. Do we have. We have Raheem. Okay, fine. So we don't have to break. Raheem's trying to get set up right now. See Raheem at the New York Economic Climate. We're producing or directing kind of simultaneously. Raheem's on site. Anyway. I'll get back to this. So it's rescissions versus rescissions. Takes another vote. Go back up. You know, Elon kind of agreed to it, but he admitted he didn't know much about what it was. Lindsey Graham and those guys said. And Lindsey Graham's quote was that he was losing altitude. I think we look in the internal polling, they are losing some altitude among voters who are kind of up in the air about really what's going on with Dogecoin. And he says, you gotta do these rescission packages. Rand Paul said it could be up to 500 billion. It'd be in tranches of 100 billion. And, you know, Elon said, okay, that's not a firm commitment. He says, hey, that sounds good. I didn't know about it. It's either impoundments or rescission. It's gotta be one of the other. But I keep telling you have to give a range. You just can't walk into this blind because, hey, if you do this and then there's none, people are gonna be furious. They're gonna go, hang on for a second. We agreed to Biden's number $2 trillion, and there were no cuts. Whether the methodology uses rescissions or whether it's impoundments they had no cuts this year. That's not gonna wash with folks. It's not gonna wash with this audience. If you back the president's play and then later you find that, hey, we really couldn't get it. But I get it. Next time we're gonna get in the appropriation. We've been through that. You guys all were in the appropriations meeting and sat through 23. Can we blow? I'm gonna go to Raheem. Can we blow the brake? I'm just asking my producing team. Okay, we're going to blow the break. We're going live to the National Pulse, founder, editor in chief, Raheem, restaurateur extraordinaire, Raheem Kassam. Raheem, where are you? Put us in the room, sir.

Raheem Kassam (41:12)

Yeah, Steve, thank you. I feel like Ben Berklem here holding up my own camera in this room on location. But we are here at the Economic Club of New York, actually, in the historic Ziegler Ballroom here in midtown Manhattan where the Ziegfeld Ballroom. Sorry, where the treasury secretary. I'm just going to flip this around. He's just about to walk past me here. In fact, Scott Bessant has just arrived in the room ahead of what is going to be, I think, a major address here that really comes full circle for the War room audience. The War room policy will be familiar with Treasury Secretary Besson, not least through yourself, Steve, and having introduced him to the audience. And now, obviously, these are, you know, the moments of extreme importance, especially I was writing to our National Pulse members in my email last night, especially when you look at the economy that President Trump and his team have inherited. It is, you know, all the way from from egg prices to ongoing efforts from this from the Democrats.

Kate Obenshain (42:14)

But hang on, but hang on. But hang on, Raheem. Hang on, hang on, hang on. Slow down. I don't think we had E.J. antonio on here. This is my point. But I think, and this is where you come in and hopefully you'll talk to a secretary of Treasury Besant on side and Alexander Priet and Karabas, all the great comps team. I think we've done a terrible job of talking about that. I think EJ And Tony's three minutes on here is the best. What he was handed is a disaster. And I don't think it's been properly positioned because people are coming in talking about egg prices. We're so far away from talking about we have major structural problems caused by the Biden regime and they haven't been addressed yet. Raheem Kassam, your thoughts?

Raheem Kassam (42:54)

No, I think that's absolutely right. I do think that there has to be more of an explanation to people as to why we find ourselves in this position. And as I say, you know, that is the, that is the theme of the email to our members last night. And you go line by line and you go through it and you think, goodness me, I mean, they couldn't have really worst economic situation that they inherited here. So I'm getting in everybody's way here, Steve. But we'll check back with the Real America's Voice audience after this. But Toby, Secretary Bessant is about to take the stage in about a minute's time up here. I think Real America's voice is going to carry the feed from the speech as well. What I'm told is, you know, he's going to lay out exactly what we need to be doing to get this economy back on track. Let's see what he has to say.

Kate Obenshain (43:40)

Hang on. Real quickly. Is Larry Fink, they normally do a Q and A. Is Larry Fink, who's the president? Is Larry Fink going to do the Q and A?

Raheem Kassam (43:48)

Yes, there will be a Q and A. The speech starts in about a minute's time followed by Q and A with Larry Tudlow. And then you have a room really full of, you know, I hate this phrase, the movers and shakers in finance and economy from New York City and beyond. I mean, it's a packed out room here. I think people are really keen to hear what Treasury Secretary Bessick has to say because look, there are extreme challenges facing this administration financially. And you couple that with the tariff situation, you couple it with the fact that the last administration fakes job numbers across the board. You couple it with the fact that you have government run jobs from the Biden era being cut en masse. And of course, that creates a problem for the underlying, let's say, the fundamentals of the economy. But the fundamentals, as I say, has been bad, they've been faulty, they've been fake. We remember about six months ago we were told we're revising the jobs numbers down a million. If I get to talk to the treasury secretary after this, I'm going to ask him along those lines. How do you deal with the fact that the last four years have been, have been phony, have been fake, have been fraudulent and how do you get back on a more solid footing? We'll see.

Kate Obenshain (45:11)

I'll let you go. But also asking they redid the numbers for inflation in the fourth quarter. The Biden numbers is not 2.2, it's 4.2%. That's huge. Raheem Gassam, we'll check with you afterwards. We are going to be real America. Thank you, brother. National Pulse. Make sure you make it part of your media diet. The we are going to stream I think it's going to start at noon. If it's not, we're going to cut right to the right to the New York Economic Club. Look, they had these economic clubs all over the country. Very powerful economic club. Detroit Economic Club has always been known about going there and talking about manufacturing, the industrial base of the country. I think that the economic club of Chicago, New York has won the financial capital of the world, the global financial capital. Very prestigious. Secretary of Treasury Scott Besant is going to be there. He's going to give some remarks and then he'll do a Q and A, I think with Larry Kudlow. Larry Fink, I think is the head of the club. When President Trump went back in the 16 campaign and I believe he then went in the first year in 17, he was interviewed by Larry Fink. Larry Fink, now the owner. He bought Hutchinson Whampoa out a old you know, if you ever read the books about the trading companies in Hong Kong, Taipan or Taipei. No, Taipan. Taipan. You read Taipan. The trading companies. It's really on one of the forerunners to Hutchinson, Juan Po, one of these great trading companies. They controlled the Panama Canal. They actually bought into it from the Panamanian government that's now been purchased by one of the companies controlled by Larry Think so. Secretary Treasury And I think the best analysis of the handover of what was given has been EJ And Tony that two or three minute and grace. Maybe we pulled that later. Cameron. I'll play that in the afternoon show. Markets incredibly turbulent. Everybody every right there they've got camera crews from every from BBC, from cnbc, from Bloomberg tv. The world's kind of hanging on every word that comes out of treasury and comes out of the White House. President Trump just put a true social that every company that was part of the new nafta, so USMCA or something some fancy new title, but it's really NAFTA too. President Trump's restructuring in NAFTA. Every company that's underneath that will not have the 25% tariffs. So don't go through full President Trump is not pulling the tariffs off. I think this is a way of a very sophisticated negotiation. One part of the negotiation the Mexican government better really take to heart President Trump, let's say this. Pete Hegse does not have 12,000 combat troops or combat logistics troops and Stryker brigades down on the Mexican border and another 12,000 Mexican marines on the other side and CIA air assets, reapers, etc. Doing fire control solutions into northern Mexico because they're sealing the border. Right. That part, as Ben's been said initially, is done. J.D. vance, the Vice president, said yesterday, border Wall completed by 2029, and they'll keep enough assets down there to make sure you don't have folks running across. And the Mexican government has gotten really the joke that they got to stop people and send them home. And they are doing that or trying to do that. The cartels are the big issues, and the deportations of the 10 million, what do you do logistically? So that's going to be a huge deal. The capital markets in total turmoil. Right. As President Trump goes through what these cuts are going to be, as President Trump restructures what's happening in Ukraine as a subset, a subset of this Russian rapprochement, what does that mean? That means kind of a getting back together, kind of a feeling things out. And that's where it is. I do believe eventually you're going to see a bigger, maybe economic, I'm not saying partnership, but maybe working together on certain fundamental projects in the energy and maybe other areas where Russia has tremendous assets and resources. President Trump's also rumored he might go to Moscow for the victory parade of the end of World War II, which is always on the 9th. It's on the 8th in Europe. It's on the 9th in Russia. I think that's correct. He might go there. It's just all rumors right now. There is a team that did meet in Riyadh to staff to start working together to see how this thing evolves. And despite what you're seeing on msnbc, oh, he's a Russian asset. He's a Russian asset. No, he's the exact opposite. He's bringing a shooting war that should have never started that's left more people dead and wounded than the beginning of World War II. President Trump's bringing that to an end. He's telling Hamas, hey, look, I cut a deal with you guys to make sure there's no more killing. But you haven't lived up to the terms of if you haven't. That's why we wanted to have Brigadier General Avivi. They've got a new chief of staff in Israel, and these guys are ready to go and look at what they did to Hezbollah, look what they did in southern Syria, what they did to the light infantry of Hezbollah was nothing short of shocking. It put the Persians back on their back foot. That's why I think right now that we can actually pivot out of the Middle east if we get some sort of diplomatic solution. And I think President Trump can do that. But the capital market is in turmoil. This is why more than ever, you need to, I believe, understand the dynamics underneath that, not just for your personal finances and your family's finances, but also understand, like when you're going to the Ramparts and making the calls that you understand, we want you to understand kind of what all this means. For instance, on this budget right now, there's not a solution. We've made some humbly made some recommendations. We'll see how that flies. We don't really have a position now. We're kind of working for working through a position. As you know, we don't think it's acceptable not to have significant cuts in the 25. This number right here. Technically, how you get there has to be thought through. And maybe it is. You have to approve something to then go and do something else. And if that's something else is impoundment that the president wants to do or the rescissions that the Senate wants to do, that's got to be figured out. But those things, both of them, have to deal with significant and dramatic cuts to federal spending. It's not going to go away until federal spending. And people should take that uptick from 2.2% inflation in the fourth quarter to 4.2. That should be like a, that should be the morning on the ship when you go into general quarters that this thing is bad. And I think you're starting to see flow through some of the numbers in the Atlanta Fed and others. And it's got to be sorted out. And President Trump's doing all that. Birchgold.com One thing you do that's quite simple. Just take your phone out. Birchgold at 989-898. Excuse me, Bannon, that would be me at 989-898. You get the ultimate guide to investing in gold in the era of Trump. They walked through a bunch of analysis. Philip Patrick and the team, of course, we've got the end of the dollar empire. One other thing about going to the Ramparts, if you and there's going to be a lot of discussions on upper bracket tax cuts, we're going to get into a lot of analytics about that. And it talks about the concentration of wealth and why maybe the top 1% or the top 5% or the upper bracket as we call it may not need a tax cut as much as you need no tax on tips, no tax on overtime and no tax on Social Security and no tax on interest on loans. Where you are buying American vehicles, all those great things. The one contract you have, 80 or 90% of your net worth is still tied up. If you're an average American in a home, if you're lucky enough to own one, most people are not. If you're lucky enough to own one, that contract, that's the moral equivalent of your contract for Social Security or Medicare, right? You're not going to give it up. You're not going to give it up unless it's stolen. Now with all the cyber opportunities but as Natalie Dominguez and the folks at home title show you, there could be people around you. It could be a lawyer maybe you ticked off or maybe a snarky lawyer, maybe some relative you don't know. So many ways to get into that kind of rickety system of titles throughout the country they've got triple lock protection. It gives you three things. Number one, 24, seven protection protection. Number two, an emergency media notification that body's messing with your title. And the third is the. And this is why it's triple lock million dollar protection. They have a restoration project. If those they, if it hasn't worked up till then they have a million dollar restoration to give you a million dollars of legal and other to make sure you get the title sorted. So triple lock protection. What you do is go to home title lock. Steve 25. I love that promo code. Steve 25 go check it out. Today we're going to be say we're going to cut so Charlie Kirk's going to follow us but also we're going to also stream on Real America's Voice this very important remarks by Secretary of Treasury Scott Bessant. You saw him on here for a number of years. You're going to see now at the Economic Club in New York, very prestigious, talking to the world's business press, the world's financial press. All gathered then afterwards, Larry Kudlow, a dear friend. Larry and I don't agree on a lot on economics except for supply side growth. Right. And Larry's a fabulous guy and did a great job as national economic advisor to the president, head of the National Economic Council. Larry will be there asking questions. So you're gonna have two unreal American voice. We'll have the speech for the New York Economic Club. You'll Have Charlie Kirk post those. After that, Steve Gruber. After that. You got Eric Bolling. I now do a hard handoff every day with Eric Bolling. I love it. Eric's on fire. We're gonna be back at 5 o'clock, 5 to 7. There's so much going on. The toughest thing we have today, ladies and gentlemen, is going through the 20 things we want to cover, cover and get it down to five or six. That kind of days of thunder flood, the zone is actually working against us. Just kidding. So many great things. President Donald, John Trump. These are remember these days, these are days of history and days of excitement. Days of just good old fun. You see, you've worked so hard for this. Talk about high agency. Nobody's got higher agency this audience. We leave you with the right stuff. Book by Tom Wolfe, movie by Philip Kaufman, a classic. Get it and watch it with the kids. Stunning film and fabulous Academy Award winning soundtrack and music. We're gonna be back at five. You've got the right stuff in high agency to boot. See you back there at 5:00pm Eastern Standard Time and you'll be back in the world. Are you a yo yo dieter? 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