Episode 4456: Trump's FCC Stopping CCP Involvement In 5G; Ed Martin the Blunt Force Instrument To The Left

Summary

Episode Summary: Bannon's War Room - Episode 4456

Title: Trump’s FCC Stopping CCP Involvement In 5G; Ed Martin the Blunt Force Instrument To The Left
Release Date: May 2, 2025
Host: Stephen K. Bannon
Guest: Nathan Simington, Commissioner of the Federal Communications Commission (FCC)

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1. Economic Indicators and Market Reactions

Stephen K. Bannon opens the episode by analyzing the latest job report for April. He highlights the impressive non-farm payrolls increase of 177,000 jobs, well above the expected 133,000 and marking the second-best month of the year. Bannon emphasizes the steady unemployment rate at 4.2% and notes positive trends in average hourly earnings and labor force participation rates.

"U6 or the underemployment rate comes in at 7.8. That is 110 lighter than 7.9 in the rearview mirror. So that also is indeed good news."
[00:00] - Stephen K. Bannon

Joe responds by urging caution against exaggerated claims of a looming depression, suggesting that while the economy may face slower growth, it remains fundamentally strong.

"We're going to end up probably with maybe not a recession, but certainly slower growth than we could otherwise have, in part because the economy is so strong going in."
[02:38] - Joe

Rick Santelli adds to the discussion by acknowledging the positive job numbers but raises concerns about the long-term impacts of rising tariffs. He points out that while current data is encouraging, the true effects of tariff implementations will unfold over the next few months. Santelli also remarks on President Trump's public calls for lower interest rates, contrasting them with market expectations.

"Treasuries have come down, gas has come down. Those are either indicate... a recession is coming or that we have a potential demand problem."
[03:01] - Rick Santelli

Bannon ties these economic insights to market behaviors, noting that despite positive indicators, political rhetoric often paints a bleaker picture. He asserts that the markets are resilient and focusing beyond political noise, emphasizing the man-made nature of current economic dynamics.

"This is a man-made situation, and the markets are looking past the rhetoric."
[05:37] - Stephen K. Bannon

2. Re-industrialization and 5G Technology

The focus shifts to the United States' industrial strategy with Nathan Simington from the FCC joining the discussion. Simington underscores the critical need for America to re-industrialize to maintain its global technological leadership, particularly in competition with China.

"If we don't gain some ability to act in this space, then every other country in the world that wants to modernize is going to modernize on Chinese technology."
[09:28] - Nathan Simington

Simington delves into the advancements in robotics, artificial intelligence (AI), and 5G technology spearheaded by China, highlighting the urgency for the U.S. to ramp up its own technological infrastructure to avoid falling behind.

"The synthesis between robotics, AI and advanced wireless networks, particularly 5G, is happening in China in a way that it's not yet happening here in the United States."
[19:24] - Nathan Simington

When addressing public concerns about 5G technology, Simington clarifies that 5G itself is not inherently anti-democratic or harmful but emphasizes the importance of responsible usage by institutions to prevent misuse.

"There's nothing inherent about 5G that is anti-democratic. It's just a powerful networking protocol."
[22:44] - Nathan Simington

3. Political Commentary and Ed Martin

Bannon shifts the conversation to political dynamics, focusing on Ed Martin, the newly appointed U.S. Attorney for the District of Columbia. He critiques Martin's aggressive tactics against perceived leftist adversaries and questions the Senate's delay in confirming his appointment.

"Ed Martin is a blunt force instrument. He is completely unqualified and truly a bit unhinged."
[37:00] - Stephen K. Bannon

The discussion highlights Martin's controversial actions, including sending menacing letters to various institutions and his perceived alignment with President Trump's administration. Bannon emphasizes the internal struggles within the Republican Party to support figures like Martin amidst broader battles against the "deep state."

"The Republican Party is controlled opposition... Only a handful are standing in the breach."
[49:35] - Stephen K. Bannon

Nathan Simington provides insights into the FCC's stance, explaining its limited jurisdiction over media entities and defending its actions against broadcasters for potential news distortion. He reiterates the FCC's commitment to regulating communications that affect the public airwaves.

"If there were some sort of improper behavior at the stations that were owned and operated by the CBS network, then we would raise questions about the integrity of what was broadcast."
[32:22] - Nathan Simington

4. Concluding Remarks

In his closing remarks, Bannon outlines the impending challenges facing the United States, including budget negotiations, geopolitical tensions, and the administration's strategies to counteract economic and political adversaries. He warns of a constitutional crisis driven by judicial interventions and emphasizes the need for sustained political will to navigate these turbulent times.

"We're going to have this constitutional crisis driven by what the judge said yesterday of stepping in between President Trump being commander in chief."
[47:18] - Stephen K. Bannon

Bannon concludes by highlighting President Trump's relentless efforts to push forward his agenda, combat the deep state, and maintain momentum in the face of opposition. He calls for action and vigilance from listeners to support initiatives that align with their values and defend against systemic challenges.

"This is action. Where are you? Are you getting standing in the breach?"
[49:35] - Stephen K. Bannon

---

Notable Quotes

• Stephen K. Bannon:
  "It's man-made, and the markets are looking past the rhetoric."
  [05:37]

• Nathan Simington:
  "If we don't gain some ability to act in this space, then every other country in the world that wants to modernize is going to modernize on Chinese technology."
  [09:28]

• Rick Santelli:
  "Treasuries have come down, gas has come down. Those are either indicate... a recession is coming or that we have a potential demand problem."
  [03:01]

• Joe:
  "We're going to end up probably with maybe not a recession, but certainly slower growth than we could otherwise have, in part because the economy is so strong going in."
  [02:38]

---

Conclusion

Episode 4456 of Bannon's War Room offers a comprehensive analysis of the current economic landscape, the strategic importance of re-industrialization and 5G technology in the U.S., and the intense political battles shaping the administration's policies. With contributions from FCC Commissioner Nathan Simington, the discussion underscores the necessity for proactive measures to maintain America's competitive edge and the internal struggles within political institutions to support key figures like Ed Martin. Bannon's impassioned commentary calls listeners to remain vigilant and active in defending their values against systemic challenges.

Transcript

[Stephen K. Bannon]

Very important. But is this going to include Liberation Day movement? And here we go, the job job jobs report for April hitting the wires. Non Farm payrolls greater 177,000. We're expecting, as Joe pointed out 133,000. 177,000 would be the second best of the year. Outside of what's in the rearview mirror which was 228,000. That becomes 185,000 because the two month adjustment is is 58,000. Now let's go to U3. The unemployment rate remains at 4.2%. Let's look at the average hourly earnings on a month over month basis. Expected up 310 comes in light up 210 of a percent equaling February. To find a smaller number you have to go all the way back to August of 23. Now let's look at earnings on a year over year basis. Also 1/10 light. 3.8. We're looking for 3.9. 3.8 equals the rearview mirror. And if we look at the work week, the hours worked, all employees, 34.3. That's good news. We upticked it one tick based on what we were expecting which was 34.2. But the revision, I was looking at the rearview mirror. 34.2 where we gained a tenth on this reading. But last month was revised to 34.3. And you know we've had a lot of 34.3 and 24. To find a higher workweek. You're going back to January of 23 when it jumped up to 34.6. Now let's look at the U6. This. Excuse me, labor force participation rate. This is very key. And it kicked up again. This is really good news. 62.6. A tenth better than both windshield and rearview mirror. 62.6 would equal the best read of the year. To find a higher read, you're in November of last year and I'm sorry, September. Let's make that sepa last year finally. Drumroll please. Joe and the gang. U6 or the underemployment rate comes in at 7.8. That is 110 lighter than 7.9 in the rearview mirror. So that also is indeed good news. You can see the market's yields are going up. Joe selling treasuries. That is basically a verification that the report's a little stronger than expected. And the pre opening equities seem to like the trade as well. Moving higher. Just to point out we broke some streaks of lower closing yields yesterday in both twos and tens. Back to you estimates.

[Joe]

And I Think it's important to look at them carefully because I think we're starting to sort of get a little hyperbolic, saying we're going to have a depression, as you guys point out, we're going to end up probably with maybe not a recession, but certainly slower growth than we could otherwise have, in part because the economy is so strong going in. So while it isn't good, I think we're starting to see that this might not be, you know, horrible, but just not all it could be.

[Rick Santelli]

Look, it's good news. It's impossible to say it's not good news. The real question is what comes next and what are we really going to see next month and the month after? I think that's really the fundamental question. It's not to dismiss this number. It's important to see that actually things have held up perhaps better than some people had expected. But the question is, now that this tariff piece is starting to really start to move through the economy, what's that going to look like? It also to some degree alleviates some of the pressure on Jay Powell and the Federal Reserve, despite the President saying over and over again that Jay Powell should have been lowering interest rates because the economy needs the juice. This would suggest actually that things are holding up. By the way, I should mention President Trump just out on Truth Social within the last couple of minutes again saying, look at all of these numbers and asking the Fed for lower interest rates. One thing that's worth noting though, is you look at bonds, for example. Treasuries have come down, gas has come down. Those are either indicate. Either they're indicators that people expect a recession is coming and that the reason why gas prices are down is because we have a potential demand problem or something else is going on. So we're going to have to see all that play out again. I think that's still a month or two away before we can really take a true measure of all of this.

[Stephen K. Bannon]

You know what? I missed something, Joe? I missed when there was certainty and everybody knew where interest rates were going. How did I miss that chapter? Actually, I find this hysterical. I just did a big Wells Fargo event and all these big institutions were of course talking about, you know, interest rates are different than equities. We're always a little nervous to, you know, put our face on where interest rates are going to be. Now all of a sudden we inject this tariff uncertainty and pre tariff uncertainty. Everybody knew everything about market. Listen, there's risks in markets. I find it so fascinating. The UK market's been up what? 14 days in a row. Our stock markets have been green a lot lately and yet that's all we do is continue to talk about how everything green is turning brown, how we've gone from spring to fall. The key in the conversation so far is man made. Man made. This is not an exogenous shock. Can't treat it that way. And how it all turns out, no matter if it was a good thing, a bad thing, a mistake, I don't care about that. I'm a market guy and the markets are looking past the rhetoric. And the fact that it's man made means it's going to end differently. And it's very difficult to model.

[Unknown]

This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on these people. Reasons I got a free shot. All these networks lying about the people. The people have had a belly full of it.

I know you don't like hearing that.

I know you try to do everything in the world to stop that, but you're not going to stop it.

It's going to happen.

[Nathan Simington]

And where do people like that go.

[Unknown]

To share the big lie?

MAGA MEDIA I wish in my soul.

I wish that any of these people had a conscience.

Ask yourself, what is my task and what is my purpose? If that answer is to save my country, this country will be saved.

[Stephen K. Bannon]

War ROOM here's your host, Stephen K. Ban.

[Unknown]

It's Friday the 2nd of May in the Riverlord 2025. What a week. Another epic week. And of course the engine room informs me that the business media can. Has an antibody that they cannot accept. Epic great news on the face of it, even drilling down below it. Rick Santelli there, the great Rick Santelli laying out kind of a blowout jobs number. Remember Liberation Day two weeks ago, Every screaming headline. It's the worst stock market since the end, since the Great Depression, since Black Thursday. It's the end of the world. The world is ending. Remember all those pundits, Remember all the. These are the business people, not, not the political people with hair on fire. This is the business. Especially the folks have fiduciary responsibility and kind of judicious and discernment Attack, attack, attack on everything. Trump and sound like little children running around. Oh my gosh, we don't have enough toys. The toys. There's not enough toys. The immaturity and the lack of seriousness of our elites is, is shocking. And right there, that is called a great print. Okay, Even the negative print the other day on the, on GDP when you went one level down Below the numbers, it's actually fairly strong. President Trump is set in motion the most fundamental reorganization of the world's commercial relationships and patterns as codified by trade deals with non tariff bearers, terrorists, everything. All this complexity but at fundamental, it's a basic reset for the re industrialization of the greatest country on earth. That would be the United States of America and putting America first and putting American citizens first. And right there, of course, Andrew Ross Sorkin of the New York Times. Hey, you know, Trump just put on true social gasoline below 2 bucks, folks. You're rolling up to Memorial Day and gasoline is going to be under two bucks. How is that going from helping people in their, in their, in their wallets and with the credit card debt and all the problems they got. How is that, how's that, how's that, how's that about helping them across the board? Just fantastic news tonight. Great news of the United Kingdom last night. The Reform Party is essentially replaced the Tory party or in the process of now actually replacing a blowout local elections for Nigel Farage and team. And Nigel is traveling around the, the countryside in England in this kind of after the aftermath that we're going to get Nigel. Try getting Nigel up this afternoon on the afternoon show. Want to go to one of the FCC committee folks? Nathan Simonton, a commissioner of the Federal Communications Commission. Sir, you wrote a great piece with Gavin Wax up in the Daily Caller about the reindustrialization of America. Can you, can you walk us through your piece in detail?

[Nathan Simington]

Absolutely delighted to have a chance to talk about it. There's probably, there's probably no bigger issue in the United States today. So, so industrialization, you know, that's a step forward economically. Countries that aren't industrialized, you know, we consider those sort of backward countries that need to develop. The United States is in an interesting position there because a lot of the key technologies, in some cases, in some sectors, all of the key technologies that create the modern world, that really create the, the modern life that we live originated in the United States. And yet increasingly we find ourselves unable to manufacture them. This is, I think this is an overdetermined result. There were a lot of factors playing into this. But at the end of the day, I think Americans look around and say, you know, they told us it doesn't make sense to make things here anymore. And they're just struggling to comprehend what that means. Does that mean that there's a problem with Americans, that they're somehow just not as good? Does it mean that there's, that there are Just better jobs on offer all over the place. You know, that argument was a little bit more plausible the first time I heard it, around 91, 92. We've had more than 30 years of experience showing us that very often when the industrial jobs went away, what replaced them were not superior service sector jobs. They were gig economy jobs. They were part time security guard jobs. And I think there are a lot of Americans who want to work and want to produce and want to contribute to our common prosperity and are just feeling locked out. That's the social side. On the technical side. On the technical side, it's also important to reset on China. You can't talk about manufacturing without talking about China because China is such a huge presence in export manufacturing. In some cases, they're the whole game. And what we're seeing here is the image of China. The old image of made in China was cheap toys, trinkets, low quality products that didn't have a buyer on the world market unless it was just on the basis of cheap labor. But China is no longer a cheap labor jurisdiction, or rather it's a complex mix. You've got people who are definitely doing the cheap labor stuff. China still has hundreds of millions of people that it wants to bring into an industrial economy. And if you're a subsistence farmer, then moving up to sewing in a sweatshop is definitely a step up. It was when Americans chose to do that in the early 20th century, and it is for poor people in China today. But China also has a genuine middle class now, a technically advanced middle class and a highly technically advanced manufacturing sector. Not just manufacturing, but also logistics, the inputs for R and D. The truth is that the synthesis between robotics, AI and advanced wireless networks, particularly 5G, is happening in China in a way that it's not yet happening here in the United States. And if we don't gain some ability to act in this space, then every other country in the world that wants to modernize is going to modernize on Chinese technology, sometimes with full awareness that this means that everything is going back to Beijing. Because if you're, if they're the only game in town and we're not on the board, then everyone else who has responsibilities for their own economic development, national destiny, they're going to be forced to choose with their eyes open.

[Unknown]

Nathan. And by the way, I'd like to hold you through the break. I know you're packed today. One of the commissioners over the fcc, President Trump's appointees. But first, before we go to break, FCC communications, intellectual property. I keep talking to the folks here about it's not simply a $37 trillion in debt. By the way, President Trump put out the budget for FY26. I'm going to get to that in a little bit. And a lot of good news there. You guys are going to like what you hear. Not perfect, but hey, it's not a perfect world. But directionally it's really strong intellectual property. The stealing, I'll tell you what, hang on, I'm asking this and get to it after the, after the break. We have $37 trillion in debt. We're adding a trillion dollars, I don't know, every hundred days or so or at least before President Trump got here. We have a $25 trillion trade deficit, 18 trillion that's specifically tied to China since they came on board through the World Trade Organization and most favored nation. And we have about a $25 trillion deficit as far as intellectual property they've either stolen or force from American companies in these joint ventures. That intellectual property is, is the backbone of how China has ripped off the American people. Nathan Simonton is with us from the fcc. We're going to Jim Rickards joining us. A lot of geopolitics capital markets, a blowout number today in President Trump's economy. Wall street is at least up. Things are going good there. Chris Long faces, Andrew Ross Sorkin, the New York Times, Financial Times, a London Wall Street Journal cross eyed all their predictions. Guess what? Not wrong, dead wrong as usual. Just stick around the world. We're going to talk to you about capital markets, the global economy, how it ties back here to the United States of America. We have a new birchgold.com the Rio reset on July 6th and Rio de Janeiro. We're going to have a full team there. The BRICS nations come together to accelerate the de dollarization of the world's economy. This is the Chinese Communist Party's number one tool, the Rio Reset, the seventh free installment in the end of the dollar empire now four years in the making. Check it out. Birchgold.com Ben and talk to Philip Paxton. Short commercial break. Nathan Simonton, on the other side, you.

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[Stephen K. Bannon]

Here's your host, Stephen K. Bannon.

[Unknown]

Nathan Simington's our guest blow out number on Wall street today about the economic numbers coming out from President Trump. President Trump's put his best budget up just as a headline for FY fiscal year 26. It's going to go down. They're cutting the budget $160 billion out of. This is discretionary. Remember discretionary is essentially 151718. President Trump's getting down to I think one $760 billion cut, all coming from non defense. We'll get into all of that. They haven't put out the revenue number yet, but at least it's a start. It's a start. You've seen a cut. Hey, you're going to see, you're going to unmask everybody about how real people are in this. Nathan, why did President Donald John Trump select you to be a commissioner and one of the most important regulatory apparatuses we have, the fcc, sir.

[Nathan Simington]

Well, you know, I know they looked at a lot of people before me. There is a, there is a need to get someone appointed in the fall of 2020. And you know, the press came out and said we know everyone in telecom. We don't know this guy. I don't think I would have been on any insider shortlist of the top thousand people. So it needs some explaining. When the White House called me in as part of the general search for candidates, I didn't come from the telecom policy world. I came from the bond finance side and futures market side of telecom finance. And I came in with an economic thesis. I was saying, you know, we need to understand that, that there are effects on the cellular phone industry and therefore second order effects many places including industrialization, by the way. We can get into that another time. But there are second Order effects from the way that these devices are financed and sold to clients and it winds up being a subsidy to the manufacturers. And I think that was such an unusual thing to say and so far from typical talking points that I got more and more interest. So I talked through that. I talked through some free speech stuff. I knew very well the fellow who had written the President's social media petition to the FCC because he was my boss. And so, you know, what with one thing and another, there were speech issues, there were finance issues, there was a, I guess, willingness to do back office, get into details and address the tech side. And then I immediately wound up in minority. So really I turned my little team at the FCC into a research unit on a number of these tech integration and future developmental pathway routes. So, you know, I had to roll with the punches when the, when the President didn't take office for a second term in 2021. And the whole time I've been thinking, what would it look like to tee up for success with a return to power in 2025. And now I think we're finally ready to address some of those big questions that were left hanging last time.

[Unknown]

So walk us through that, the big questions and how you guys are prepared for this and what you're going to do because this is absolutely. And I want everybody, if Grace and Mo can push out the Daily Caller piece on the re industrialization written and co authored by the great Gavin Wax. What are those issues and what do you see the issues before us today?

[Nathan Simington]

You know, I love Gavin, made a lot of waves when I hired him at the fcc. He has just been a firecracker. We've been getting a lot done. So I, you know, I share your perspective on him as far as, as far as the re industrialization side. Like I was saying before, in the Chinese economy we've seen a fusion between greater uptake of robotics, greater uptake of industrial AI. China has thousands of college programs in that that are a distinct track from computer science and then that specifically industrial AI. That's not chatbots, that's machine learning for factory applications in boring but essential areas like quality control and electronic components. And we've seen a merger of that increasingly with 5G networking. Now in the United States, of course we were promised amazing new phone features with 5G, but you read the 5G spec starting with 3GPP release 17 in particular, I think that's where it really snapped into place for me. We're on release 18 now. Release 19 is coming out this year. But if you read release 17. It really doesn't look like a cell phone spec to me. It looks like an advanced industrial networking spec that has roots in cell phone technology, but at this point has evolved far beyond them. And that's what we're seeing in terms of Chinese actual deployment of 5G. Not that much consumer, but lots in the industrial sector, lots of private networking that is just for running particular factories, medical facilities, logistics facilities, etc. People always assumed that China was going to be late to automate because they had such a large pool of unskilled, low wage labor. Typically you see automation in an advanced economy when there's a wage replacement possibility. Sort of a little bit like how McDonald's has all these kiosks now and you go and you order from those and they don't have to pay as many counter staff. But what we're seeing in China is that China is front running this and their rate of robotics adoption is something like seven times the wage predicted rate. What we're seeing is that with Chinese production lines, it's no longer the sort of circuit 2007 image in many cases. Certainly in telecommunications, my field, where you've got the people on the assembly line working with the pots of glue and little screwdrivers to put phones together, you know, we're way, way, way beyond that. I personally ask myself, how can the Chinese put out a really good electric car for $10,000? It's not low wages. There are plenty of low wage jurisdictions. I'm not seeing $10,000 world competitive electric cars from them. And China in fact became the world's largest auto exporter a couple of years ago. So this is old news at this point and it should be a wake up call for our own industry.

[Unknown]

You know, the war in posse, which is really the tip of the spear. The activist branch or the activist wing of President Trump's movement, a not insignificant part of that cadre is quite concerned about 5G. They look at 5G as maybe having potential health effects, potential ability to just walk through, to have type of autocratic control if left to nefarious devices or left to nefarious actors. Right. What's your Overall is the FCC? Have you guys fully thought through 5G and Oz implications and you think that you've done a good job or a job enough to make sure the public fully understands what the strategy is here on the communication side?

[Nathan Simington]

Yeah. So let's unpack this. So 5G is at its root just a protocol for networking in the same way that 4G was the long term evolution protocol to bring broadband to mobile devices. 5G is a step beyond that in terms of capacities. So with 5G, you get a number of things that are, that are a clear evolution from LTE, which is why your 5G phone seems to act like a regular 4G phone, maybe a little faster most of the time, but in terms of additional capacities that it brings to the table, it can transmit at higher frequencies, which are less penetrant of your body or of, or of, you know, a building or something like that, have shorter ranges, but can transmit higher data volumes. So you've got those higher frequencies. Then you also have ability to put many, many, many more devices on a particular radio, as well as the ability to push more and more network organizing intelligence out to the edge. So could 5G be used to enable tyranny? Absolutely, because it's a better networking protocol than 4G. Is there anything inherent about it that is anti democratic? Absolutely not. It's just you could do the same kind of, you know, if you were going to use it for nefarious purposes, you could essentially do the same thing with any cell phone technology, including 4G. You could do anything similar with any powerful wireless networking technology, such as Wi fi, assuming you had adequate coverage. So I don't think that people are wrong to be concerned about potential social implications of just increasing networking capabilities and putting more connectivity and more ability to transmit data everywhere. But I think those are fundamentally social problems, making sure that our institutions aren't going to use those new capabilities in some sort of negative way, the way that they could use any communications capabilities. And it's not something specific to 5G.

[Unknown]

You know, this audience just the other day with Article 3 project, Mike Davis, the Viceroy and War Room Posse, working together with Bill Blasser and other of our apps that can get, you know, instant access to congressmen. We shut down the Judiciary committees, this one agency where they're trying to roll in to really do away with the ftc, where the FTC seems to be going after the oligarchs, right. With Facebook and others, just this amazing antitrust team. Can you walk people through how the FCC actually works? Get our audience. So you've been selected by President Trump. You're one of the commissioners. You got a great new chairman. Just take a minute or two and inform the audience how you guys actually work and what you guys actually do.

[Nathan Simington]

Yeah, well, President Trump's selection of Chairman Carr for chair, so elevating him from the commissioner job he'd prior held was one of his earliest decisions. I would say that Chairman Carr was put up for that position during the transition, faster than probably at least half the Cabinet and probably the fastest in history. So this was an enormous vote of confidence by President Trump, which has, of course, been fully justified, and it's fantastic to work with them. As far as how our structure goes. There are five commission seats. You can only have up to three from a single party. So traditionally it's been that the majority party gets three, and those are all Senate confirmed seats. So there's no definite timeline for seating people. That's up to the Senate. So the majority party gets three and the minority party gets two. And typically commission votes are either going to be on a 5, 0 basis or on a 3, 2 basis, depending how partisan the issue is, although there are no rules saying it has to be that way. Now, what we do, it's a very broad remit. We cover transmission of signal by radio or by cable, interstate or internationally. And when you think about the implications of that, that's a huge amount of stuff that's broadcasting. That's also the satellite industry, because those are communications from space to the United States. That's obviously the wireless mobility industry. We have a lot of economic competition stuff in there. There are some ways in which we look at cable pricing. So, so you put it all together. It's a very broad remit, and we're not a very large agency. It's about 1600 people for all those responsibilities. Some, some offices and bureaus are larger, some are smaller, but it's about 100 people per. So we, I think we do a lot with a little. And then we fund ourselves off of regulatory fees. So in other words, we don't require appropriations from the public to keep going. The industry pays for us to oversee them. So, you know, hopefully we're doing a good job of that and they feel they're getting their money's worth. The chair controls the agenda. So in terms of what we actually vote upon at the commission, the chair has the job to develop items to be voted on for regulatory change with the politically appointed heads of the different offices and bureaus, sometimes working with multiple offices and bureaus on a project to make sure that we fully covered all of the aspects. We might have the Office of Economic Analysis, of Economics and Analysis, I should say, looking at potential financial implications. We might have the Wireline Competition Bureau looking at the effects on fiber and cable. We, you know, so there's, there, there's a lot of technical back office stuff that we did.

[Unknown]

Nathan, hang on for one second. I want to bring you back after a short break and get your all your social media so people can start to follow you in depth. Short commercial break. Nathan Simonton joins us. Be back in the warm and moment.

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[Stephen K. Bannon]

Here's your host, Stephen K. Banner.

[Unknown]

Okay, Nathan, before I go, two, two issues. One is the deep state or the intelligence apparatus on anything 5G. And the other is about this whole thing with not just CBS but these broadcasters and licensing. Everything we're hearing about from car about these people just, you know, attacking, attacking, attacking President Trump. Editing videos. A new thing today about The Kamala Harris 60 Minutes. And we understand 60 Minutes is going to go back after President Trump again on Sunday night. So any thoughts on this 5G and the intelligence community, sir?

[Nathan Simington]

Yes, absolutely. So what we saw during the prior administration was and at points before that, but let's focus on the prior administration. So what we saw during them was a use of the apparatus to understand, map out and influence social media and online communications that had been developed for other purposes perhaps, but that were being deployed increasingly domestically. So we had a lot of people within the federal government who had direct plugins to social media companies or who had who had conventional regular communications with them with strongly worded suggestions about the directions in which those social media companies should take things. The Thing is, if you look at the Facebook IPO back in 2012, the killer app for Facebook more than anything else was that it went with you in your pocket. So it was the first form of advertising that really had granular information about customer behavior and customer location. And that's really what made the market salivate when Facebook went public. 5G is obviously increasing connectivity possibilities, increasing bandwidth possibilities, and so plug ins in the federal government that are meant to manipulate and direct social media in accordance with some kind of a federal policy would thus find their hands strengthened even more by 5G. So I think it's important to bring in social controls over, over the shaping of public opinion. We're supposed to be a democracy. We're supposed to tell the government what it's supposed to. It's not supposed to try and warp our minds in a direction that's favorable to whatever policy they may think we should be following, whether we like it or not.

[Unknown]

What about this whole. The battle, or at least Carr, it looks like he threw down immediately against the broadcasters, is that you're not actually threatening or talking about taking their licenses away, which I don't understand. How they get the license and say they're going to do public good and the news is so slanted, but this is more targeted to the owned and operated station groups, Is that what it is?

[Nathan Simington]

Yeah, that's right. So the FCC doesn't really have jurisdiction to reach any players in the media ecosystem unless they are in some way using wireless communications. And that's of course what broadcasting is. So in other words, most people just turn on their TV and they don't necessarily have to think too hard about whether that, whether what they're seeing is coming from their, from a local broadcaster or as part of a network affiliation agreement that their local broadcaster is putting out, but that originated with, at the network level, or if it's something else, people are, you know, subscribing to individual specialty TV channels on the direct to consumer basis through their smart TVs. So there are a lot of different things out there in the media ecosystem, but the FCC doesn't regulate most of them. The online content, we don't regulate. You know, people ask me, what are you doing about Disney Fubo? And my answer is nothing, because I don't have jurisdiction there. So there's. It says communications on the building, but really it should say broadcast communications on the building. That would be more accurate. So with Chairman Carr, his focus is on the specific question of whether broadcast news distortion, which is actionable at the broadcaster level, and potentially whether that took place. Both he and I put out statements on that in December and did some interviews on it at the time. I saw what I think is the first well pleaded broadcast news distortion complaint I've ever seen in my career across my desk. And so that seems like that's a predicate to look into the question. But there's no way that the FCC can regulate CBS as a whole. On the other hand, if there were some sort of improper behavior at the stations that were owned and operated by the CBS network, then the fact that those are broadcasters does give us jurisdiction to start raising questions about the public, about the integrity of what was broadcast, and whether that's an appropriate use of the airwaves, which are, after all, the common property of the American people.

[Unknown]

Great, Nathan, I will tell you, the audience loved it, but there's still the jury's out in the war on posse on the health effects of 5G. We probably gotta get Bobby over here for that. Nathan Simonton, where do people go on social media to find all your writings and to follow you as you continue to battle for President Trump and the nation at the Federal Communications Commission, sir.

[Nathan Simington]

Well, sir, you can first of all go to FCC.gov and on my page there, there's access to all of my written statements, some of which are pretty technical and didn't turn into press releases. There is also an op ed tab under me on the FCC's webpage. In addition, I'm at Symington FCC. So you got it right there. That's my X account, my official X account. It's the same handle on Instagram and on Truth Social. So if anyone's interested in finding out more of what I think about stuff, then that's an easy conduit.

[Unknown]

Thank you, brother. Appreciate you. Great job.

[Nathan Simington]

Thank you, sir. Always.

[Unknown]

You guys want the receipts? This is the warriors at the front line that are making massive changes. It's just incredible. Laura Loomer and Lars out and about today. We're gonna try and try it, but Laura Loomer made the front page. God, I love this. Laura Loomer makes the front page of the beloved Financial Times of London. Trump ditches Waltz after MAGA Wrath builds against National Security Advisor. And the whole story is about Laura Loomer and the expose she did on the people at the National Security Council and Alex Wong and all of them. It's. We're going to try to get Laura. Do we have time? I got so another. We're talking about people driving President Trump's agenda, not simply for the MAGA movement, not simply for President Trump, but also for the folks here in the United States of America, all her citizens, one of the great warriors we have, we talked about a little bit yesterday. Ed Martin, just an incredible guy. Phyllis Schlafly's right hand. Phyllis Schlafly was. Her endorsement of President Trump was a, an inflection point in the 2015 primary and the 2016 campaign. She's one of the great icons of the conservative movement and an absolutely total warrior. And so is Ed Martin, who's her wingman. Ed Martin is now awaiting confirmation as the U.S. attorney for the District of Columbia. And you understand, besides the top people at Main justice, this is, along with the Southern District of New York, the two most important U.S. attorneys in the nation. We have a. And there's a full scale war against Ed Martin right now. And why is that? Because Ed Martin is, how do we say, setting things right. Let's go and play this package and I'll come right back.

Heard the name Ed Martin. I know there's a lot of people to keep track of in Donald Trump's new administration. Administration. But this guy is, I would say, a standout. And I don't mean that in a good way. He is the guy that Trump appointed to be the U.S. attorney for Washington, D.C. so he's not yet Senate confirmed. He's enacting right now. He is, to my mind, completely unqualified and truly a bit unhinged. One of the things he is doing a lot of since he got into that powerful office, basically day one as the acting US Attorney. Not confirmed yet. He's trying to be confirmed. Is this habit of firing off these menacing letters all over the place, for instance, to medical journals from the New England Journal of Medicine to the Journal of Obstetrics and Gynecology to Chest. That's a scientific journal for chest doctors. If I'm being honest, it's the first time I've ever heard of it. In these letters, Martin accuses the journals. This is the US Attorney, acting US Attorney accusing the journals of bias and demands that they report back to him. This is the kind of thing Ed Martin does. It's sort of his thing. You might recall that he sent a letter, apparently only on social media, threatening to chase federal employees to the end of the earth to hold him accountable for anyone pushing back on Elon Musk's government efficiency. Folks who are flooding into agencies with barely any notice. This is someone, it would seem to me, based on these letters, who is under the impression that he lives in an authoritarian state, not a free country where people with the policing power that he's been vested with get to just impose their will on any institution whatsoever, from, you know, the Chest Journal to Georgetown Law School to Wikipedia. Now, the Senate Judiciary Committee has yet to vote to start Martin's confirmation hearing, but Republican Chair Chuck Grassley said today it is not on the agenda because Republicans still have questions, as they should. And there is really just a really long list of reasons not to nominate this guy. Other people who are nominated for the position don't already hold it. And so at some level, it's a little speculative, well, what will they do on the job? In this case, he was named the acting on day one. And I have to say, these letters he's been sending, here's, you know, three different medical journals, the Journal of Chest Medicine. I want you to respond to the U.S. attorney about whether you have bias. Get back to me on that. Georgetown Law School. You have to tell me how you're instructing your kids. This is Wikipedia. He sent a letter to the nonprofit that runs Wikipedia accusing the tax exempt organization of allowing foreign actors to manipulate information and spread propaganda to the American public. I mean, I have to say, these letters strike me as flatly authoritarian as anything we've seen seen from the Trump administration. And one does have to wonder, if he were actually confirmed, what he would be doing with the prosecutorial power.

[H]

I mean, he calls the hundreds of lawyers who work at the U.S. attorney's office, which is a pretty venerated office of prosecutors, the president's lawyers. And he has openly said that his job is to go out there and attack the critics of the president. I have colleagues in Congress who received threatening letters from Mr. Martin in his first days in office. One of the first things he did was to dismiss cases against his own defendants, that is, rather, his own clients, people who were criminal defendants in the January 6th case. He was there on January 6th, and he experienced the events of the day as Mardi Gras. He said in a tweet that he sent out as he observed the mass violence against our police officers, the attempt to storm the Capitol, the storming of the Capitol, and then the attempt to overthrow the election as Mardi Gras. It was a big day of celebration for him, and he has partaken of Every form of January 6th denialism and conspiracy theory out there, like the FBI director as well, Cass Patel.

[Unknown]

Okay, so he has the endorsement of Chris Hayes and Jamie Raskin. And what I mean by that is that they hate him. So what does that tell you he's got to be great. Whatever they hate is good and they hate him. And it's a non stop barrage. And this has nothing to do with Democrats right now. This is the acid test on are we going to get serious about going after this apparatus, taking it apart brick by brick and getting to the bottom, getting to the bottom of what's going on because Ed Martin ain't looking to co host Fox News shows. This guy's a grinder and a warrior and will not, not back down at all. This all goes back to Grassley and to the Senate Judiciary Committee. Number one, when you have these confirmations of U.S. attorneys, we've never had confirmation hearings. I think you have 93, 92, 93 U.S. attorneys, right. And then you have hundreds of attorneys underneath it. But if you had to confirm in a hearing the US Attorneys, you'd never get anybody appointed. It would take forever. They do it all in kind of paperwork. This is all about the Senate Judiciary Committee and this gets back to the controlled opposition of the Republican Party. There are many, many people that just not moving with urgency and alacrity and hey, we got to get this done. Let's grind, let's grind seven days a week. Let's hit it, let's hit it, let's hit it. Action, action, action. You have a lot of these people around here just lazy and don't want to do it or they're too, you know, they're concerned about Jamie Ranskin saying something bad about them. There's they're concerned and worried about Chris Hayes having a segment and Chris Hayes's producers cutting together, you know, footage and having your letters up there where they're attacking you, attacking you and attacking you. They don't like that because they're not courageous. This game is not for the faint of heart. Did they not put, and it was not Matthew Graves in that crowd over as a D.C. u.S. Attorney, put all the January 6th people in prison? Did they not did they not try to put President Trump working with Jack Smith, put President Trump in prison for, I don't know, 300 years? Short commercial break.

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[Stephen K. Bannon]

Here's your host, Stephen K. Banner.

[Unknown]

There are things that main justice that are happening. Okay. There are other things happening around town. You can get the great Tom Fitton. When you look at the convergence of the crises we are coming to, the budget today was kind of initial and it's, it's directionally we're getting there. It's not great, but it's a start at least from what I've seen in the, you know, the little bit I've seen. We're going to get it all to that it's clearly not cut enough. But this is part of this, the crises we're coming to now, folks. So plan out for the next hundred days. Let's go to the end of July. Let's go to July 29th, basically, or 30th. So the next 90, 100 days, I guess be the first week. Let me do some right math. It'll be the first week of August when they, when they all get ready to leave here. You're going to have this constitutional crisis driven by what the judge said yesterday of stepping in between President Trump being commander in chief, number one, the deportations. And they're winning because they're jamming us up on the criminal element, hoping to break our will. Because this is all about will, political will. They hope to break our will on the 10 million that have to leave. And you have to do it humanely, of course, but they got to go. That's number one. Number two is, is the one tonight, today. New York Post has got it. I think, you know, Secretary of State Ruby and the guy say, hey look, we signed the minerals deal but it looks like we're not making progress. We're kind of going to take a timeout or at least some worthy the effect that the Ukraine thing, you guys slug it out, but we're not putting up any more money. So this is the kinetic part of the Third World War. And you saw President Trump came out yesterday on the Persians and said, hey, how about this? 100% stopping the oil, all their oil, I would just say in the two and a half billion, a million barrels a day going to the Chinese Communist Party, but blockade it all, stop it all. So you got that part. Then you have the finance and the economics and how you're going to fund. So all those are converging over the next hundred days, which is phase two of this right, to one of the most contentious, complicated inflection points in the history of the Republic. That's the stakes that are on the table.

That's the.

That's the stakes Trump's playing for. He's not doing small things. He's doing the biggest things you could do at the highest level with a sense of urgency. Trump, we did that town hall the other day on News Nation. He's calling in at it from his desk at the reservoir in the oval office at 8:00 at night, and they're talking about. It was just after the speech we did live for the tech CEOs. He's saying, Hey, I got a bunch of these guys backed up Eli. I'm gonna meet with these guys right afterwards. He's gonna sit down with these guys again. He's gonna work to 10, 11 o'clock at night, every night, and then be up at 5 in the morning dropping truth bombs on truth social. That's one of his superpowers. It's just, you know, energy at a level that you've never seen before. I consider myself a very hard worker, you guys. I do this seven days a week. I can't keep up with him. In fact, on this show, our specialty is to cover this in depth, knowing that we've worked on it for four years, etc. It's so complicated just to keep up with it because it's so much. And he's boom, in opposition. He broke Rachel Matt out. She had a nervous breakdown. She's going back to the. She's going back to the barn in Connecticut. She's done, done and dusted. Which gets me back to. The other element is the deconstruction, the administrative state in the destruction of the deep state. And this is not getting the priority it needs to get. That's where Ed Mart. Ed Martin's a battering ram. He's a battering ram. When President Trump picked him in the early days, I go, oh, my God, what a brilliant pick for that, for that Billet and replace Graves, who was so awful, you remember everything that came out of Graves, everything that came out of this U.S. attorney when you have. Because with Rachel Maddow. Excuse me, with Rachel Maddow gone, Hayes is kind of her product. They've got other people in the court, but Hayes is her acolyte. She created Chris Hayes. So he'll be the light version. He'll never be Rachel Maddow. But he lays it out. He cannot get on this story.

More of Ed Martin.

Now, here's the heart of the story. This is a Republican issue. We control the Judiciary Committee and we control the Senate. So this has nothing to do with Democrats. This has to do. And yesterday you heard Thom Tillis. And my understanding is after you guys carpet bombed Tillis's office, upon further review, he's open, but you've got others on the Judiciary Committee and including the beloved Senator Grassley. So we're going to get organized today and then tomorrow, but on Monday, we're going up. This is get ready to go fix bayonets on Ed Martin. We've already done quasi, but they ain't seen nothing. But we're prepared to do because this is totally within control of yourself. And this gets to the heart of what the problem has been, and that is that the Republican Party is controlled opposition. Controlled opposition. The number of fighters you got up there is a handful. Don't let them come back and talk to you about everything they're doing. The number of fighters you have in the House and the Senate, in this House, a little bit more, maybe. I'm at 25, 30, 35 in the Senate, a handful. Just a tiny handful. And they can sit there and they can talk all the MAGA talk. They want to talk. They can talk all the populism, they talk all the economic nationalism. When I this beyond talk. This is action. Where are you? Are you get standing in the breach? Because Ed Martin is a blunt force instrument. He's kind of a mini blunt force. If Trump's the big blunt force instrument, this guy's a couple levels down. But trust me, it's blunt and it's a force. You got Raskin and Hayes are as two smarter guys on the other side as they got Chris Hayes's show. They do not waste their time when they get something in the gun sites. They know it's important. And they got, they got, they got brother Ed Martin in the gun sites because they understand there's enough cowardice in the Republican Party to blink. We cannot, we cannot blink. We cannot blank in the in there. Still this amazing lack of urgency with, with this administrative and deep state. I'm going get into the administrative state and the doge efforts about how hard it is to penetrate this, of how hard it is to smash it. And the people like Ed Martin, they're prepared to step into the breach and say, hey, I'm all in. Only a handful. We have to have their back. Okay, short commercial break. Burch Gold the Rio reset right now. It's the seventh free installment. Go to birchgold.com Bannon get Rio reset today. Homework assignment. Get up and get ready. Be back in a moment.

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[I]

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