Podcast Summary: Bannon’s War Room
Episode 4661: On The Verge Of AI Bank; Empowering Government At The Expense Of The Private Sector
Release Date: July 26, 2025

Introduction

In Episode 4661 of Bannon’s War Room, host Stephen K. Bannon engages in a robust discussion on several pivotal issues, including allegations of political conspiracies, immigration policies, the role and future of the Federal Reserve, and the impact of artificial intelligence on the economy and energy infrastructure. The episode features insights from political figures such as Tulsi Gabbard and experts like Judy Shelton and Scott Besant.

1. Allegations Against Former President Obama

Tulsi Gabbard’s Claims

The episode opens with Tulsi Gabbard making serious allegations against former President Barack Obama and his administration. At [00:00], Gabbard accuses Obama and his deputies of engaging in a "seditious conspiracy" by fabricating intelligence reports that falsely assessed Russian meddling in the 2016 election to benefit Donald Trump’s campaign.

Tulsi Gabbard [00:00]: "The Director of National Intelligence, Tulsi Gabbard alleged Obama and his deputies engaged in a, quote, seditious conspiracy by manufacturing a false assessment that Russia meddled in the 2016 election to help Donald Trump's campaign."

Rebuttals and Criticism

These claims were vehemently denied by both Obama’s office and intelligence experts. A former CIA official stated that Gabbard and the White House were misleading the public about Russian interference, clarifying that while Russia did seek to influence the election, there was no evidence of a conspiracy with the Trump campaign.

Former CIA Official [00:00]: "...there was no sign of a conspiracy between the Kremlin and the Trump campaign."

Stephen Bannon expressed his astonishment at these allegations, emphasizing the gravity of accusing someone of treason.

Stephen Bannon [00:24]: "The White House and the administration are promising... at distraction. And the administration are promising, it seems, to use the full weight and power of the government to try and paint Barack Obama and many others as treasonous to this country."

2. Donald Trump’s Stance on Immigration

At [02:48], Donald Trump shifts the conversation to immigration, expressing strong criticism of current policies and their impact on Europe.

Donald Trump [02:48]: "But on immigration, you better get your act together or you're not going to have Europe anymore."

Trump highlights the contrast between past and present immigration scenarios, blaming the Biden administration for allowing uncontrolled immigration and emphasizing the need to halt what he describes as a "horrible invasion" of Europe.

3. Debate on Intelligence and Media Narratives

John Brennan’s Defense

John Brennan, Director of National Intelligence, defends the integrity of the intelligence community, urging the media and public to examine the released documents to understand the truth about Russian interference.

John Brennan [04:12]: "I'm telling you to look at the evidence. Look at the evidence and you will know the truth."

Eugene Daniels’ Critique

Eugene Daniels criticizes Gabbard’s stance as a politicization of intelligence, suggesting her actions are attempts to align with Trump's agenda rather than seeking factual truth.

Eugene Daniels [04:24]: "She is just interested in trying to cast aspersions at intelligence professionals who really did their best under difficult circumstances in 2016..."

4. Judy Shelton on the Federal Reserve and Central Banking

Federal Reserve Critique

Judy Shelton delves deep into the flaws and overreach of the Federal Reserve, advocating for significant reforms or even its dissolution. She draws parallels to historical debates between Alexander Hamilton and Thomas Jefferson regarding central banking.

Judy Shelton [09:07]: "Today, America's Voice family, are you on getter yet?... It's free, it's uncensored..."

Scott Besant’s Support

Scott Besant echoes Shelton’s sentiments, proposing innovative solutions such as issuing 50-year Treasury bonds convertible into gold, aiming to restore confidence and stability in the financial system.

Scott Besant [16:10]: "They have their reasons. Of course, we don't want that to happen. I like that President Trump put it out there that don't do that..."

Historical Context: Hamilton vs. Jefferson

The discussion includes a reenactment of a historical conversation between Alexander Hamilton and Thomas Jefferson, highlighting the foundational tensions in the U.S. regarding centralized financial power versus decentralized economic freedom.

Thomas Jefferson [18:22]: "I must admit, Mr. Hamilton, I a little uncertain as to the purpose of the treasury department..."

Alexander Hamilton [18:29]: "The future prosperity of this nation rests chiefly in trade..."

Modern Implications

Shelton connects historical debates to contemporary issues, criticizing the Federal Reserve’s current policies such as paying interest on reserve balances and advocating for policies that empower the private sector over government control.

Judy Shelton [40:37]: "Are the BRICs totally wrong?... They understand something about the deterioration of the dollar. Correct."

5. Impact of Artificial Intelligence on Energy Infrastructure

Energy Demand from AI

Steve Bannon addresses concerns about the increasing energy demands due to AI-driven data centers, warning of potential massive blackouts and promoting a solar generator as a solution.

Steve Bannon [14:57]: "According to the Department of Energy, blackouts could increase by 10,000% over the next few years. It's because of massive energy demand from artificial intelligence data centers."

6. Gold Standard and Currency Reforms

Advocacy for Sound Money

Judy Shelton advocates for a return to sound money principles, emphasizing the role of gold in stabilizing the currency and critiquing the Federal Reserve's influence on economic policies.

Judy Shelton [44:54]: "We have to go back to the very basics, what its purpose is and do we need it."

Scott Besant’s Proposals

Besant outlines a plan to leverage the U.S. gold reserves to issue bonds that are convertible into gold, aiming to restore the dollar’s value and ensure economic stability.

Scott Besant [41:05]: "If the states are indebted to a central authority, it increases the power of the central government."

7. BRICS and the Global Financial Landscape

BRICS’ Shift Away from the Dollar

The podcast discusses how BRICS nations are moving towards bilateral agreements backed by gold, signaling a potential decline in the dollar’s dominance.

Scott Besant [40:37]: "They understand something about the deterioration of the dollar. Correct."

Shelton and Besant express concerns over the U.S. fiscal policies and advocate for strategies to maintain economic supremacy and stability.

Scott Besant [42:48]: "It's hard for them because we have the deepest financial markets..."

8. Closing Remarks

In the closing segments, Judy Shelton emphasizes the importance of public understanding of the financial system and the need for structural reforms to the Federal Reserve. Bannon outlines upcoming topics, including President Trump's activities in Scotland and further discussions on redistricting and census audits.

Judy Shelton [49:11]: "So then you can take it apart. President Trump and this is why this huge fight you've had for years and years and years to return President Trump to the Oval Office is so important..."

Conclusion

Episode 4661 of Bannon’s War Room provides a comprehensive exploration of contemporary political and economic issues, emphasizing the need for transparency, accountability, and structural reforms in government institutions like the Federal Reserve. Through expert analysis and historical context, the episode underscores the ongoing struggle to balance government power with economic freedom, the implications of emerging technologies, and the shifting dynamics of global financial systems.

Notable Quotes

• Tulsi Gabbard [00:00]: "The Director of National Intelligence, Tulsi Gabbard alleged Obama and his deputies engaged in a, quote, seditious conspiracy..."

• Donald Trump [02:48]: "But on immigration, you better get your act together or you're not going to have Europe anymore."

• John Brennan [04:12]: "I'm telling you to look at the evidence. Look at the evidence and you will know the truth."

• Scott Besant [41:05]: "If the states are indebted to a central authority, it increases the power of the central government."

• Judy Shelton [44:54]: "We have to go back to the very basics, what its purpose is and do we need it."

Disclaimer: This summary is based on the provided transcript and aims to encapsulate the key discussions and viewpoints presented in the podcast episode. For comprehensive insights, listening to the full episode is recommended.