
Episode 4759: Trump Changes Name From Department Of Defense To Department Of War ...
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A
Big demonstrations in Israel about the hostages. Not about the war, about the hostages, which puts Israel in a tough position because, you know, it's tough to prosecute a war when you have people wanting. They want the 20 people back. They just want them back very badly and everything that goes with it. So it's very sad. Thank you very much. We're going to talk now about the G20. I figured we could wrap two or three up. The last time I took a day off, everybody said bad things happened to me. You know that, Seb, I took one day off. I didn't take it off. I was working. In fact, I was here. But I didn't do a news conference. And they said bad things happened to the president. That's why they're fake news, Mr. President. It's fake news. You know, if you look, Biden, he had a press conference. He missed it for about a year, right? About a year. And I never saw any stories like that about him. He didn't have. And when he had one, they'd ask him, what flavor ice cream do you like? He'd say, vanilla. That. How many times have they asked him that question? Every. It's. What's your favorite ice cream, sir? Vanilla. Okay, that's enough. Thank you, ladies and gentlemen. They don't have to go through this, but we all have a good time. I only do it for one reason. I think it's good for the country. And we are very transparent. There's never been transparency like we have. There's nothing to hide. So thank you very much on this, Will. Great job. Appreciate it. So we're going to talk about Florida, the great state of Florida now, because it's going to be a very exciting thing to host the G20. And as we celebrate our nation's 250th anniversary next year, the United States will have the honor of hosting exactly that, the G20 summit right here in America for the first time in nearly 20 years. This afternoon, I'm thrilled to announce that the 2026 G20 conference, which will be. I could read off the countries that we're talking about, but you know who they are, I think. Does anybody want me to list them specifically? Jennifer, you're okay. Okay. But we'll be held in one of our country's greatest cities, beautiful Miami, Florida, where we have the mayor with us, Mayor Suarez. And I want to thank Francis for being here. I thought he might be in this office. You know, he almost got there. It was a couple of them, right? A couple of them. It's not as easy as they think. It's not that easy, but he's an amazing guy. Very popular and very popular in Florida. The agenda for next year's summit is being organized by Treasury Secretary Scott Besant, who is right here. Hi, Scott. I sort of standing over there, nice, tall, good looking guy. But he moved very quickly. Carolyn, you did a good job. Does Caroline do a good job? Would you say, is she a star? How do you compare with the last administration's person? No, you don't want to get interrupted. I think we're very happy with Caroline. But Scott Bessen is talking about a good job. He's done a fantastic job and, and we're very proud of him. He's very much involved with the G20 and the NEC director, Kevin Hassett, who's truly a talented guy. And he's certainly being thought of to go to a different position. And we'll find out about that pretty soon. I don't know. Would you like to be there? I won't ask you that. I think, who wouldn't want. I think it's the greatest position in the world. You know, you come out, you make a speech and then you go and go away for 30 days or 40 days and you come out, make another speech. The market goes up or down, depending on what you want to say. I've never seen an easier position than that. Unfortunately. You need good instinct. So we have somebody in there now that doesn't have them. We call them too late. But it will focus on unleashing economic prosperity by eliminating the burdensome regulations, unlocking affordable energy and pioneering new technologies. And it's going to be very important. The United States is already leading by example and America is the hottest country anywhere on earth. We have more being built under construction now than they think anybody that they've ever seen. I mean, literally, some of these, some of these places are just really unbelievable what they're building, the size. You know, if you spend $50 million on a shopping center someplace, that's a big building, pretty big building. But when you spend $50 billion, own essentially a building, a building has gone up for $50 billion. They're going to be building their own electricity. And many of them have been given permits already to go and they're starting construction. Some have started construction quite a while ago. And very early in the administration we let them do that. You know, we have a grid that's obviously an old grid, it's been around for a long time. Could never handle the kind of numbers that you're talking about. In terms of electricity. And we're letting them build their own plants. They build their own plants with their structures. So they build their structure, they build their buildings and they build an electric producing plant with it, like Con Edison in New York that I grew up with. And like others that make electricity, they make it for New York. These plants will make it for their building for AI. Then you have a lot of the car plants going up. Most of them won't need that kind of electricity, but they have the right to do that also. So we're allowing companies to build electric plants. They become essentially, Scott, I guess they become utilities. Right. If you think about it, and it's very exciting, we're going to end up with more electricity than China and it's going to be built at no cost to us. And I'm telling them, build more than you need and you'll sell it back into the grid. So they'll be able to sell it back into the grid on top of everything else at no cost to the American taxpayer. It's very exciting. And frankly, if we didn't do that, we wouldn't be leading with AI. We wouldn't be probably even doing any AI. It would be 20 years to get an approval. So they're building massive amounts of electricity as we speak. We've eliminated $5 trillion worth of federal regulations, another big thing since I took office. And if you remember the first term, we took out more regulation than any other president in history times. You could add the top four and they wouldn't come anywhere close to what we were. That's one of the reasons we had such economic, the most successful four years of any any president economically. And this is blowing it away. I think this will blow it away. When these plants start to even getting close to opening, I think you're going to see numbers that we've not seen before. And we've increased oil production by more than 300 barrels a day. That's a lot. Blue collar wages are rising at the fastest rate in 60 years and trillions of dollars of investment is pouring into the USA. It's going to be over $17 trillion very shortly. And nobody ever thought a thing like that was possible. What made it possible were, number one, they were happy with November 5th, they were happy with the election. And number two, the tariffs are bringing countries in. I mean, it's so vital to our country. It's before the courts now and I hope we're going to do very well. We had four great opinions just come out, as you know, from judges in A couple of cases, there were Obama appointed judges that felt they had to do what was right for the country. So I respect that greatly. I respect them for doing it. But we have very strong opinions and it will end up going to the Supreme Court. And it's just vital for the country. Vital, absolutely. We're at a level that we've never thought we'd be at. And it's because of the tariffs countries are pouring into our country because of the. You avoid tariffs if you build here. If you don't build here, you pay a lot of money, but if you build here. So what people are doing is they're coming in, they're building here. No different than what other countries have done to us. But we have a big advantage over other countries. We have a market that is, that we built up during our four years. That was amazing. We took a commanding lead during that four year period. So it's been, it's a very exciting thing. But I think I look forward to showing our incredible success to the world when we visit Miami next year. And I'd like to ask Mayor Suarez, truly a highly respected gentleman who's loved in his city and we're going to do a great job. We're going to work together and do a fantastic job. Mayor, would you say a few words, please?
B
Of course. Thank you, Mr. President. It's a tremendous honor to be with you here today in the Oval Office to make this historic announcement. Just looking at the sign, which is so beautiful.
A
Good job.
B
Yeah, it's a great job. You know, as you know, Mr. President, you were elected by double digits. You were the first Republican president over 30 years to win Miami Dade County. And you did it because you followed through on your promises. And in Miami, what we're doing is we are following through on those promises as well. We've kept taxes low, we've kept people safe. We've leaned into innovation. We've grown 150% in the last 10 years. We've created one of the most intriguing ecosystems in the world. And this decision is not only generationally important for the city, but it puts the city on the map as one of the truly great global cities. So on behalf of all of the workers of Miami, those that work in the hospitality industry, I know you own many hospitality assets and properties, all of the small business owners who are going to benefit economically from having the G20 in Miami.
A
Tremendous, tremendous benefit. It's going to bring in millions and millions of dollars.
B
We just say thank you. We thank you for believing in us. We thank you for highlighting our city in a time where we have the lowest homeless rate in 11 years. We're on the precipice of having the lowest homicide rate in history, with the lowest. So we're following Euro America first agenda, and we're creating success in, you know, Miami's the greatest city in the world, we believe.
A
Thank you, Mary. We'll see you down there before then, but we'll see. Scott, would you like to say a few words?
C
Yes, sir. So we're excited to have the G20. And what's important about the G20, President Trump's America first initiative does not mean America alone, It means America leads. So we will be holding the G20 in the capital of the world, Miami, next year to showcase the beginning of President Trump's second term will be a year and a half into it. We will have done peace deals, tax deals, trade deals. We've made the US the best place to come, start a business, have tax certainty, energy certainty, and regulatory certainty. And it's going to be an exciting event. And the U.S. just as the President was saying earlier about the Defense Department of War, the US Is back on the international stage as a leader. We have whittled down the G20 back to basics. We are making it work for the American people better than ever. We have. The G20 had become basically the G100 this past year. So it will be a concentrated group in Miami, seeing the best America has to offer with American leadership. Thanks to President Trump.
A
Thank you very much. Great job. And a great job you're doing. Kevin, would you like to say a few words?
D
You know, Mr. President, I think this G20 meeting where the world leaders will come to the great city of Miami, is going to be viewed as one of the most important meetings in global history. Because what's going to happen is the golden age is going to be documented so well in the data by next summer that you. That you're going to have one of the best speeches written for you that you've ever seen. Because we're just going to be talking about the accomplishments of the next year, I think.
A
So a lot of these plants are going to be open by then, and a lot of jobs are coming in like I think we've never seen before. It's going to be great. Monica, would you like to say something?
E
Thank you, Mr. President. We're so looking forward to having the United States of America host the G20 in Miami in December of next year. And we're also looking forward to having this as a showcase of American Strength, vision, innovation and power. Under your bold leadership, Mr. President, it is going to be the G20 in the Trumpian golden age.
A
Okay, thank you very much. Any questions on the G20? G20.
D
You just said a moment ago that you were very complimentary of Kevin's work. And I was just wondering if he's your man.
A
For the Fed of Kevin, Yes, I am very complimentary. I think he's fantastic. And for the fat T shirt, your man? I didn't say that. I said he's fantastic. But no, I've been. I sort of know who I'm going to pick. But, no, I didn't say anybody in particular. But Kevin is certainly one of the three. They say four, but probably three. That he's a highly respected person. He's great. He's great. He believes in low interest rates and we all do. But sometimes you have to raise him to stop inflation. We had the worst inflation, I guess, essentially, that we've ever had in the Biden administration. And it really hurt people. You know, costs are way down. Our energy costs are way down. And, you know, when energy comes down, everything comes down. And we brought down the price of groceries and specifically the price of eggs. You remember that first week when you were screaming about eggs, I said, I know nothing about them. I just got here. That's Biden's problem. But we got the cost of eggs down to really low numbers. So we brought costs down for people. And, you know, it's something I said. And the Democrats have this false narrative. They say, oh, costs went up. They just say things that. It's just like, incredible. If you look at energy, I think you're going to be at $2 a gallon with cars very shortly. $2? It was $4, $5 under the Democrats. That's a huge. It's like a massive tax cut. And speaking of tax cuts, we gave you the largest tax cut in history in the bill that we just approved, the largest tax cut in history. And there'll be no tax on tips, no tax on Social Security, no tax on overtime. One of the big things you get is you buy a car and you borrow money to buy the car, you're allowed to deduct your interest, which, Scott, has never happened before. You know, rich people like to talk about deductions. Middle income, they never gave them deductions. I got them one of the best deductions, an interest deduction. So it's great. Jennifer, please. Yeah.
E
A couple Questions on the G20, sir. Is there any update on your plans to attend this year's? G20. And then are you saying for next.
A
Year I won't be going this year? It's in South Africa. I won't be going. J.D. will be going. Great vice president. And he looks forward to it. But no, I won't be going to that.
E
And then on the guest for 2026, are you saying it will just be exclusively the 19 countries? The two blocks? There won't be any.
A
No. We're going to invite other countries as observers. They call them observers, but they'll have something to say. But we're going to invite Poland already. I've issued them an invitation. Great. They were just here, as you know, great leader, great new leader. One of the big surprises. I was so happy I endorsed him, actually. And he won. And he's going to be a great leader of Poland. But I've invited Poland already. What about Russia? I haven't thought of that. No, I haven't thought of that. That's an interesting question. I'm going to think about that for a little while. Mr. President, you just mentioned that the tax cut bill. Why the rebrand from one big beautiful bill? Well, I just. Save words. I said the bill. It's one big. I actually call it the great. I actually call it the great big beautiful bill, but it's a lot of words. Is that how you want Republicans to kind of talk about it? When they talk about it, I just want them to say what's in it. It's an incredible bill for the middle class, for the working person. You know, we are a party of the working. It used to be the opposite. The Democrats were for the working people and the Republicans were supposedly for the rich. The Republican Party has taken in millions of people and the Democrats have lost millions of people. They've gone crazy. Honestly, I think they're crazy. What's happened to them? I don't know. They have. They suffer major Trump derangement syndrome and it's turned out to be actually a disease. But it's a disease of weak people and stupid people because all we do is we cut taxes, we create great policy. Their policy is so terrible. They refuse to acknowledge as an example. I see today it's a big debate again, the women, they don't want men playing in their sports. They don't want it. The Democrats want men to play in women's sports. I saw the great governor. We have Governor Youngkin talking about it today that the woman who's running against our Republican candidate, who's excellent, is like so much into the, you know, men being Able to use women's bathrooms. Okay, what's that all about? Men playing in women's sports wants open borders again. Once they want. Actually, after what we've gone through with millions, I think 25 million people came in from prisons, from mental institutions, drug dealers, drug addicts. They're pouring into. They poured in. Now we have none coming in. We have. The border has been sealed for a long time. Actually, almost since I got into office. Remember when the Democrats said we need legislation? I didn't have any legislation. I said, close the borders. And now the borders. For the last four months, not one person has been allowed to come into this country illegally. Not one done by people that would normally like to see you look bad. Those are the numbers. So it's been an amazing job. Yeah. Please, Mr. President, this is going to be a major event and a major meeting for South Florida, for you, for Mayor Suarez. I know this is not until next year in Miami, but do preparations begin today? And if so, what is being done?
B
They've already begun. We first had to deconflict our basel with the dates. And so we have already started doing that. And so thanks to the president's team.
A
We started a long time ago. Actually, if you knew him, he was, he was working on this long before this press conference.
B
Yes, sir.
A
It's in good shape. Going to be great. Mr. President, we learned this morning that we've lost 78,000 manufacturing jobs this year. How do you explain. Well, one thing we have is, you know, we have. The interest rates are too high. That was, you know, a matter of the Fed. But the other thing is so many different, so many different elements aren't included yet. And one of the things we've learned, and we learned that the hard way, watching over the last few months, are the corrections that people have been making. They'll say, you're losing jobs. And then they'll say, by the way, we have a correction a month later of, you know, 100,000 jobs are missing. They actually had a Correction once of 850,000 jobs. But I'll let Kevin just speak about that a little bit because I heard him speaking about it this morning. I thought he did very well. Please.
D
Thank you very much, sir. Well, I think that if you look at the indicators, there's capital spending boom, industrial production at an all time high. The Atlanta Fed says GDP now is north of 3%. And so all the indicators are saying that things are really strong. And what we've also seen is that Goldman Sachs put out a study yesterday that said that the August number tends to be really messed up because of seasonal adjustment things and they tend to be revised way up. And so I think if they were revised up, which has happened on average over the last 15 years by about 60,000, then everything else would make sense. But right now we're puzzled about the BLS numbers and looking forward for new leadership there to make it so that the numbers are more reliable.
A
And again, we're building, you know, they've started building all of these factories and plants, including car factories. Car factories are coming back. You know, we lost more than 50% of our car production over the years. And I think we're going to get all of it back. It's coming back in really rapidly. Really, we're building a lot of car plants. Indiana, places that you don't think of it so much are taken, but also Detroit, lots of places. It's coming in where I think we're going to get everything, you know, we've lost it over a period of 40 years and I think we're going to get it all back in a very short period of time. And big ones, big plants, incredible plants that were never going to come back. Without, without the tariffs, they wouldn't have come back. And I think without the election on November 5, they wouldn't come back either. The election was very important also. Yeah.
F
As we've been here, Mayor Adams of New York has announced that he staying in the mayoral race there. Can you react to that, but also tell us what.
A
No. I mean, he has to do what he wants. No. Yeah, I mean, he's free to do what he wants. It would seem to me and everybody in this room, including you, that the only way you're going to beat this, the Communists, because you have a communist running, which is fine. I'll have to deal with the Communists in New York City. I never thought that was going to happen. This is something I didn't think was going to happen. Scott, you're going to have to explain this one because we're going to have a communist mayor. It would seem to me that if he stays in, if you have more than one candidate running against him, it can't, you know, can't be won if you have one candidate. If he's the right candidate. I would say that Cuomo might have a chance of winning if it was a one on one. If it's not one on one, it's going to be a hard race and we'll get used to a Communist and he's going to have to go through the White House and get approvals for everything. And we're going to make sure that New York is not hurt. We want to make sure that New York is cherished and taken care of. And so I didn't know he was running or not running.
F
But you didn't offer him an ambassador.
A
No, I didn't. I didn't do that. No, I wouldn't do that. It's nothing wrong with doing it, but I didn't do that.
F
We understand that it'll be held at Doral.
A
Yes, it's going to be at Doral. Yeah.
F
You considered that with the G7 last time you decided against it. Why go forward with.
A
Well, I think that everybody wants it there because it's right next to the airport. It's the best location. It's beautiful, beautiful. Everything. They actually requested that it be there because location is the best. And we. We will not make any money on it. You know, we're doing a deal where it's not going to be money. There's no money in it. I just want it to go well. And it's going to be. Each country will have its own building. It'll be. I think it'll be really a beautiful thing. And Doral has been very, very successful, one of the most successful properties in the country. And, you know, frankly, it's. The problem is in December, that's the biggest month in Florida. So, you know, using it for that, you can't get a room in Florida in December, January, etc. That area. And that's the time we're talking about. So from that standpoint, it's not good, but we want to make sure it's good. I think Doral would be the best location. And, and again, they'll have their own buildings. It'll be incredible for them. And being like 10 minutes less than 10 minutes from the airport, and it's a big airport international. All of the planes will be able to land, go right into their quarters. So I think it'll work out very well.
F
Earlier on your Fed answer, sir, you said that you're looking at maybe three.
A
Candidates or three candidates.
F
Should we interpret that? Do you like Secretary Bessie in his current role?
A
Well, I like him, too, but I had him as a fourth. No, I had four. You know, you were talking about four. Now I'm talking about three. He told me I'm not leaving. He wants to be doing. And if he was leaving, I mean, he would certainly be one of the people I'd wanted. But I asked him specifically. I could ask him right now, would you rather Stay where you are as treasury or would you rather go to the.
C
Sir, I'm the only person on the planet who does not want the job.
A
Okay. He really told me, he said, I love what I'm doing. I wouldn't want to really take him because he is doing a great job.
F
Are the top three still then, Mr. Marshall, Mr. Waller?
A
I am looking at Kevin also and I'm looking at. Yeah, I would say you could say those are the top three. Good job. You're saying you believe Andrew Cuomo would be the best one on one candidate against. Well, I think if I'm going, I'm only going by the polls. It's not an endorsement or anything. It just seems that he's second. And what you do to win is you take the guy who's second and you hopefully add 1 and 2. But maybe if the 1 isn't getting out, then he's not getting out and that's okay. I think, I think the mayor is a very nice person. I helped him. He was, he was got caught up in a scam by the Biden administration, what they did. So I, I helped him out a little bit. But I would understand why he doesn't do it. I do think this, I think if you have more than one candidate. We've got ourselves a communist mayor in New York and I don't like communist mayors. I don't like them. Yeah, you passed one. Big deal, sir. Five months.
D
All these school of events next year.
A
World Cup G20, All America 250. Given these, what's your economic outlook for the year 2026? How much growth do you think is reasonable for us to expect economically next? Well, I heard, and you know, we were on a very downward path with Biden and I heard that the most we could do is 1% GDP. And now I'm hearing 3.2% and 3 1/2% and, and our big year won't be really next year. I think it will be the year after. Because when these plants start opening up, it takes a period of time to build them. We're going to have tremendous job growth. It's unprecedented. We have unprecedented in history. There's never been anything like it because we're going to have more than $17 trillion invested. There's never been anything like that. If we did a trillion dollars in one year, and this is six months, seven months because it really, we really focused on it over the last six months. But we're going to be doing. Nobody has ever seen numbers like this. When this stuff starts Opening up. Our country is being rebuilt. And by the way, Washington D.C. is being rebuilt. You know, in addition to the fact that we have a safe city now and our National Guard was fantastic and worked with the mayor, worked with everybody, we're also doing a refurbishing of Washington. We're going to redo some of the roads, the surfaces, we're going to redo the medians. We're going to take the broken tiles off the tunnels and put brand new tiles up and we're going to regress all the parks. They're going to be regressed by people that build world class golf courses and not necessarily people that work for me because I don't care about that. I just want to. I'm very good at grass. You know, grass has a life. Just like you have a life, right? Has a life. Well, this grass has been up longer than it's like four lives. Okay. That's why there's a lot of areas where there's just no grass. But we're going to regress all of the parks. We're going to. In a year from now, you won't even recognize it. Graffiti is gone, the tents are gone, the medians falling into the roads are gone. The potholes will be gone. The marble is going to be polished and beautiful. It's all going to be beautiful. We're working with Clark Construction, who's, you know, one of the. Well, definitely the biggest here, one of the biggest in the country and they've been great. And we're going to do about a 10 mile radius from the White House, from the Capitol, looking sort of at both of them. Go right in the middle of both of them and start drawing circles and everything is going to be spit shined. You know, when the head of Poland came here last week and when other leaders came here, they came. A lot of them been here over the last eight months. I said, what do you think? And they said, we're a little surprised at the look, the filth on the road. Now it's much better. We've got it much better. But we have to do some construction things. I mean, you know, you have medians that are all broken and rotted and rusty and disgusting and it's going to. They're all going to be changed. You're going to have a very different look. You're going to have the look of prosperity, not the look of poverty. But the big thing right now initially is we have no crime in Washington. Literally have no crime. They said it's down 87%. It's not down 87. It's down like 100%. We have almost no crime. People are going to restaurants that wouldn't have even thought about it. And I know families that have gone four, five, six times to restaurants over the last few weeks. And you people are in the same category. I mean, I. Yes, thank you. It's a whole different place. Right? That's very nice. And you're so tough. Usually. I like her now. She. No. Because she was truthful. Is that a correct statement? Yes, sir, it is. I heard you were actually mugged. You're a big strong guy. No, no, you can't. You know, you say, thank you very much, Dr. Cry. Yeah. Just out front of the White House is a blue tent that. That originally was put there to be an anti nuclear tent for nuclear arms. It's kind of morphed into more of a anti American at some times, anti Trump at many times. Where is this blue tent? Right in front of the White House on the North Lawn, on the other side of the black gate in Lafayette. I haven't known this. All. All of us in here walk right.
G
By it every day.
A
It is an eyesore. Oh, I didn't know that. Take it down. Take it down today, right now. Nobody told me that. So you're saying there's a blue tent? It's been there for 30 plus years. It was originally a peace tent, but.
C
It'S kind of morphed into.
A
Morphed into radical left. Okay, is it in the Ellipse? Where is it? No, it's in Lafayette Park. It's actually Lafayette Park. Take it down. Okay. Okay. What's interesting about it is that people tell me it's a public health hazard because people sleep in there, they eat, there's rats. But also it could be a national security risk because people can hide things in there. Weapons in there. We're going to look into it right now. We have removed over 50 tent sites. Not 50 tents. Hundreds and hundreds, maybe a thousand. I think it's over a thousand tents, but 50 sites. So I'm a little surprised to hear that. But we're going to look into it right now. Lafayette on the National Guard.
E
D.C. mayor has, of course gotten on board with your cleanup of D.C. but the D.C. attorney General has said that he plans to. That he's suing you for your federalization of the police.
A
What's your response? Can you imagine? We have an attorney General who's not related at all to the mayor, by the way. You know, it's a totally separate department. We've got so many separate departments. You have the district attorney has nothing to do with the mayor. The whole thing is crazy. But how about this? We just set a record on low crime in Washington D.C. and we have a man suing us to let us go back to high crime. We're going to have to be here for a little while to make this really work long term after we're gone. And so we're going to meet that head on. And I suspect we'll be very successful. And I can always declare a national emergency because this was a national emergency. But right now we have the safest city. We have now one of the safe cities in the country. We had almost the worst. I mean, a city that was as bad as some of the horror shows that you've heard about for years. And we're going to fix some of those horror shows too.
F
President, Google ruling today that you posted on Truth Social about with Europeans fining Google.
A
So Google is a great company. Yeah, Google is a great company. American company. Apple is a great American company and so many others. And the European Union, I don't know why they do it, but they have been finding them numbers that have been astronomical. More so before I got here. But Apple paid $17 billion a fine in the last year. Apple $17 billion on a case that a lot of people think they weren't guilty of. And no, I'm going to be speaking to the European Union. But it's not fair. Google just got fined $3.5 billion and they've already paid $13 billion. They're up to $16.5 billion and people say there was nothing wrong with what they did. It's almost a source of income to run Europe. It's become a source of income and many other companies too, mostly tech companies. But we can't let that happen.
F
What are you seeking from the Europeans and by when?
A
No, I can just say you can't do that. I mean, you know, they respect us now. They didn't respect us a year ago. European Union respects us. Look, they're paying us $950 billion, right? You got to respect us. They were very disrespectful of our country. I have great respect for Ursula. I've gotten to know her very well and I just don't think it's fair that there taxing and really it's almost become like a tax. It's almost, it's become so regular. And I've gone to lawyers and I've asked them what do you think? They said they didn't do anything wrong. We can't do that. It's not fair. And it's interesting. I don't hear that about China, and I don't hear that about other places. I hear it about the European Union. We were talking about it last night. I think we had a gathering that was the highest IQ group of people I think any room has ever had. Last night, you know, it was about as high as you can have. All the tech geniuses were there. They loved their computers. They would tell me more about chips that I want to know.
F
Did this come up last night?
A
Yeah, it did come up. A couple of countries said, companies said that they were. They were taxed by the European Union. It's interesting. They weren't complaining about in that regard. China, they weren't complaining about other places. It's the European Union and they have. Apple was again forced to pay $17 billion last year. So I think we're going to change that around. It's just not fair. We don't want that to happen to our companies. And, you know, if somebody does that, we should be doing it to them. They've got to pay. Let them pay us. But you just can't do that to our companies. Elon Musk, invited to the dinner last night. I wanted to go Back to the G20 quick. In Miami, you know, South Florida very well, many cities are being considered for the G20. Was this a hard decision or did Miami just stand out to you? It wasn't a hard, really. I mean, look, it's got the weather. We're in December, so it's, you know, cold in some places, and that's beautiful, too. Cold weather is nice. It's all nice, you know, depending on the city. But no, Miami really wanted it. The mayor really wanted it. The people down there really wanted it. You might just address that for a second, Mr. Mayor.
B
Yeah, as I said, I mean, a conference of this kind does two things. Number one is it puts us on the global map with the great global cities. And I think that's something that we've been trying to achieve for a generation. And I think, number two, it's a tremendous boom for your economy. I mean, as the president knows, he has, you know, multiple hospitality assets. And the working people of Miami, the small business owners, are going to benefit tremendously from the economic impact of a conference like this in our city. So it's an image thing, but it's also benefiting working people in our community.
F
Do you think Xi and Putin will attend the G20, Director?
A
That's an interesting question. I'd love them to, if they want to. I mean, they can, you know, as observers. They'd be observers. I'm not sure they want to be an observer, but if they want to, we can certainly talk.
D
Can I ask you another Florida question? The vaccine, vaccine mandates that were rolled back for school children.
A
What do you think about that? Well, I think we have to be very careful. Look, you have some vaccines that are so amazing. The polio vaccine I happen to think is amazing. A lot of people think that Covid is amazing. You know, there are many people that believe strongly in that. But you have some vaccines that are so incredible. And I think you have to be very careful when you say that some people don't have to be vaccinated. It's a very, you know, it's a very tough position. So I'd give you an answer, I'll give you a feeling. But just initially, I heard about it yesterday and it's a tough stance. Look, you have vaccines that work. They're just pure and simple work. They're not controversial at all. And I think those vaccines should be used. Otherwise some people are going to catch it and they endanger other people. And when you don't have controversy at all, I think people should take it.
E
Okay, one more follow up on your comments on the taxes on the upcoming tax bill. Are you discussing do you want that new tax bill to eliminate inflation from calculating capital?
A
When you say the upcoming tax bill? Because when you have an upcoming. We just passed the biggest tax cut in the history of our country. So there's nothing upcoming. There's something that we just passed. So we passed the biggest tax cut in the history of our country for the middle class, for the worker. And that's the only bill that we're really talking about. We did a good job. It's very comprehensive. And I will say the Democrats, if you gave them every point that they wanted, every point that they've dreamt of all their lives, you wouldn't get one Democrat vote. They really are. They've become deranged, sick. It's crazy. If you gave them a list of the top 10 things that the Democrats wanted and you put them in a bill to get passed, you wouldn't get one vote. It's the only thing they have. They stick together, but they're dying. I mean, they down to 16% approval rating, the lowest rating in history for either party. And we have the highest rating we've ever had. The Republicans have the highest rating we've ever had on the National Guard.
E
Have you decided which city that you.
A
Want to go into now? Yeah, I have. I have. I'm not going to say it now, but yeah, I have. We're going to go into. We're going to go into another place and straighten it out. And I will say this. I watched today. I didn't know that was continuing to go on, but Portland is unbelievable. What's going on in Portland? The destruction of the city. Well, I'm going to look at it now because I didn't know that was still going on. This has been going on for years. So we'll be able to stop that very easily. We'll be able to stop it. But, you know, that was not on my list, Portland. But when I watched television last night, this has been going on. You wouldn't be standing. If you were the mayor. You would be. Can you imagine what they're doing? They're walking in, throwing smoke bombs into store. These are paid terrorists. Okay. These are paid agitators. These are professional. I watched that last night. I'm very good at this stuff. These are paid agitators. They get paid money by radical left groups. Not radical right groups, radical left groups. And they get paid a lot of money. And you see it with the signs. They all have perfect signs that are printed. They look as good as that sign. Those signs aren't made in basements. They're made at professional printing offices. And they cost a lot of money. These are paid agitators and they're very dangerous for our country. And when we go there, if we go to Portland, we're going to wipe them out. They're going to be gone and they're going to be gone. They won't even stand the fight. They will not stay there. They ruined. They've ruined that city. I have people that used to live in Portland. They've left. Most of them have left. But what they've done to that place is just. It's like. It's like living in hell. Yeah, go ahead. Thank you for your statement before.
E
AP is reporting that you would be banning visas to delegations who will be attending nyanga, the UN General assembly, including Brazil. Your reaction on that, sir?
A
That. Who's banning them?
E
The Trump administration.
A
Well, I don't. We are talking about. We're very upset with Brazil. We tariff them very high because of the fact that they're doing something that's, you know, very unfortunate. I love the people of Brazil. We have a great relationship with the people of Brazil. But the government of Brazil has changed radically. It's gone very left. It's gotten very radical left and it's hurting Brazil very badly. They're doing very poorly. Very, very poorly. So we'll see.
E
And I need to reset relations with Indonesia, India at this point.
A
I always will. I'll always be friends with Modi. He's great. Prime Minister. He's great. I'll always be friends. But I just don't like what he's doing at this particular moment. But India and the United States have a special relationship. There's nothing to worry about. We just have moments on occasion.
F
How are trade talks going with India, with other countries that you haven't reached a trade deal with?
A
And they're going great. Other countries are doing great. We're doing great with all of them. We're upset with the European Union because of what's happening with not just Google, but with all of our big companies. They just, you know, hit them with these mess, these unbelievable fines, you know, $17 billion and $14 billion, and they use that money to run Europe. It's almost become, like, common. It's almost become a yearly occurrence. Like it's a tax. So it's very unfair. I want to thank you all very much and we'll see you around. We're going to see you in Florida, but we'll see you a little bit before that, I suspect. Okay, thanks, guys. Well, I'll be having something good here. I'll be at the White House. Thank you. Thank you very much. Wow.
G
Absolutely historic day. Friday, 5th of September, year of our Lord 2025. Right there, the president of the United States doing a couple of things. Number one, signing an executive order that changed the Department of Defense for the first time, I think since 1947, right after the Second World War, to the Department of War to harken us back to days when we used to win things called war. Not fought eternal wars or everlasting wars or wars that won't end and to to no victory. So President Trump seizing the institutions, as we say, and taking a maximalist strategy. Pete Hegseth said that the Defense Department today is maximum lethality, not maximum legality or lethargy or whatever. He said. We're going to get that clip in a second. Pete was on point here. No, he's been advising the president about this incredible, incredible whole change of attitude over at the Pentagon looking for war fighters. A whole new esprit de corps in there. So just absolutely incredible. Today, President Trump signed an executive order. Congress has already told him, though, they would go along with it, of course. The Democrats are outraged. In addition, signed a very technical and complicated executive order about hostages, letting people know that we're not going to negotiate. You're not going to be able to take Americans overseas and hope to get massive payments from it. You saw Dr. Seb Gorka right there, my old colleague at Breitbart and in the White House. Dr. Seb is kind of headed that team. And they got that through. And then the last was the announcement. This had kind of been rumored, the announcement that the G20, the G20 meeting is going to be next year in Miami. We haven't had the G20, I think, in 20 years. The G20 is going to be in Miami and it's going to be at Doral. So I know the president will get a kick out of hosting that because that means he's really hosting not just in the country, not just in the city, but in his own place. And he's very proud of Doral, particularly proud of not just how he's put money in to take the basic facilities, but he's taken a classic American golf course, what is known as the Blue Monster, and he's refurbished it to a back to standards where now the big LIV tournament on the LIV Golf Tour, I think it's the end of season tournament is played there. But he's brought it back to the standards of what it was so very active day. A couple of other things. Number one, Scott Besant has written a piece in the Wall Street Journal and then he's come out with a 27 page piece in a journal called International Economy. You talk about the deconstruction administrative state. And you know, Scott Besant's not a guy that runs around with his hair on fire. It literally is a takedown of not just Powell, deeper than Powell, really, Bernanke and even Greenspan of what the Federal Reserve. So any of you guys have ever said we got to end the Fed. If any of you are Ron Paul or Rand Paul people, if any of you have gotten into the end of the dollar empire as we've gone through and talk about central banks and seen gold on a tear, Scott Bessant, who is a steady Eddie, that's how he got the job. That's why he recommended you. I remember he's a contributor here on all the Time over a number of years and we pushed hard to make sure he's Secretary of Treasury. He's been a great, safe pair of hands. He, he literally takes the Federal Reserve apart. It's called the gain of function Fed. He compares it to what Fauci was doing over there with viruses, to weaponize viruses. He says the Fed's been weaponized and he goes through how it's expanded its power to now being everywhere, regulating banks, setting their profitability, lending to them. It's a takedown. And so President Trump right there said on the Fed, Warsh, Hassett and Waller. I think Warsh is going to be the favorite there. He was the COVID bid, Mnuchin, when Mnuchin pushed Powell and Powell was a disaster, as we all told the president at the time, pushed by the Secretary of Treasury, Mnuchin, very hard. Warsh was the COVID bid. Kevin Warsh was the COVID bid then. Looks like Hassett and Wallers over at the Fed right now. One of the governors, I think, good guy, but the president owes Warsh. I think if you're looking at it that way, given the relationship the President has, it'd probably be Warsh, but the blueprint for taking it apart. Oh, and by the way, I was able to, I went over and gave this talk yesterday to the I guess it was two days. No, it was yesterday. God, it all blends together when you're back here to Polish Media with Jack Posobec and Darren Beatty. We had a couple of talk, we gave some remarks and I came by and I had not been, I've seen the Fed on, on Constitution. I had not seen it from the side of the new construction. It's outrageous. It is.
A
It is.
G
First of all, it's one of the most beautiful buildings in D.C. and what they've done and what they're doing to build it, I mean, Powell would be fired just for that. I, I didn't, I saw the money, but I didn't see the scale of what's doing. It's outrageous. Anyway, short commercial break. Back in the warm in just a moment.
A
We will fight till they're all gone. We rejoice when there's no more. Let's take down the.
G
This July, there is a global summit of BRICS nations in Rio de Janeiro. The bloc of emerging superpowers including China, Russia, India and Persia are meeting with the goal of displacing the United States dollar as the global currency. They're calling this the Rio Reset. As BRICS nations push forward with their plans, global demand for US Dollars will decrease, bringing down the value of the dollar and, and your savings. While this transition won't not happen overnight, but trust me, it's going to start in Rio. The Rio reset in July marks a pivotal moment when BRICS objectives move decisively from a theoretical possibility towards inevitable reality. Learn if diversify your savings into gold is right for you. Birch Gold Group can help you move your hard earned savings into a tax sheltered IRA and precious metals and claim your free info kit on Gold by texting my name Bannon that's B A N N O N to 989-898 with an A plus rating with the Better Business Bureau and tens of thousands of happy customers. Let birchgold army with a free no obligation info kit on owning gold before July and The Rio reset. Tex Bannon b a n n o n to 989-898 do it today. That's the Rio reset. Text Bannon at 989-898 and do it today. Hey, I realize you got many choices when it comes to who you choose for your cell phone service and there are new ones popping up all the time. But here's the truth. There's only one that boldly stands in the gap for every American that believes that freedom is worth fighting for. And that's the team at Patriot Mobile. For more than 12 years Patriot Mobile has been on the front lines of fighting for our God given rights and freedoms while also providing exceptional nationwide SEL phone service with access to all three of the main networks. Don't just take my word for it, ask the hundreds of thousands of Americans who've made the switch are now supporting causes they believe in simply by joining Patriot Mobile. Switching is easier than ever. Activate in minutes from the comfort of your own home. Keep your number, keep your phone or upgrade. Patriot Mobile's all US based support team is standing by to take care of you. Call 978 Patriot today or go to patriotmobile.com Bannon that's patriotmobile.com Bannon use the promo code Bannon for a free month of service. That's patriotmobile.com bannon or call 972-patriot and make the switch today. 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. We talk about that all the time here in the war room and we have a fragile power grid. It just cannot keep up with that demand. I don't know about you, but I don't like the idea of being without power even for a day. That's why I got the grid Dr. 3300 from my patriot supply. It's a powerful solar generator that runs refrigerators, AC units, medical devices, power tools. Anything you need to write out a blackout and right now, for their Christmas in July event, they're including over $1,000 in free survival gear with your generator, including emergency food supply, water, filtration, survival tools and more. You heard that right. Over a thousand bucks in free gear for a limited time. Head to my patriotsupply.com Bannon. That's my patriotsupply.combannon. and grab the Christmas in July bundle before it's gone. Blackouts are coming. Go to mypatronsupply.com Bannon and get prepared today.
H
And War Room Posse. Mark your calendar. September 12th and 13th, the rebels, rogues and Outlaws tour is coming to the America First Warehouse.
G
I have never seen anything like this.
H
Two unforgettable days filled with patriots, barbecue and live shows straight from the most amazing place, the America First Warehouse. Get ready for a special guest to be announced, plus a three hour live episode of Studio 6B. And we're just gonna go do it on the 12th. Steve Bannon will host War Room Live at 5pm And Steve will be back again on the 13th, followed by one hour with Peter Navarro.
G
I went to prison so you won't have to.
H
The Rebels, Rogues and Outlaws tour September 12th and 13th at the America First Warehouse. Scan the QR code to see pricing and availability. Don't miss this opportunity. Tickets won't last.
G
Okay, next Friday at this time for the five to seven show and then, and that's gonna be live. And then the next morning, ten to noon. And then we're gonna go a little longer on that day, maybe an hour or so even longer. Peter Navarro is going to be with us. So we're going to have, it's going to be incredible, insane. Two live shows, one Friday evening and the other Saturday morning. Going into Saturday afternoon, we'll have a whole, I think we're taking a whole hour, at least an hour with Peter Navarro after the morning show and he'll be with me for the morning show. We're going to do meet and greet. We'll get to meet and do photos already there you get. It's going to be food trucks, all of it. We're taking the show on the road this year. We're starting here this year. Well, we're back from summer vacation so we always figured this is the close of the year. We're going to take it on the road in the fourth quarter and I'll add September to that too. September, October, November, December. It's all one piece. Really excited about this and have never been up to the to the America first center. But people rave about it. Rudy raves about it. Bernie Kerrick raves about it. Just absolutely fantastic. So looking to, looking to do this, by the way. I might have done something with Bernie. I might did something years ago with Bernie and with Rudy. I might have stepped in. I think I might have, I think I stepped in and co hosted a show but I was in and out. I think all blends together. It's going to be fantastic. We couldn't be more excited. Go to what americafirst.com get your tickets right now. Obviously there's limited space and we all want to see you in the greater New York area. So make sure you go check it out today. So much going on Scott Besant and I'm trying to get the secretary of treasury maybe tomorrow, if not sometime next week. This is what he put out on the Federal Reserve today. And so many huge things are going on all day long. Bobby Kennedy, we're going to have Naomi on it. We're going to have a whole defense of Bobby Kennedy numbers coming out in support of Bobby Kennedy. Remember, he's got two huge, he's got the Make America Healthy Again report of the path forward that's coming out in about a week or so. They're going to eviscerate him on that. And then he's got the autism report he put out. Something today was leaked but Tylenol in autism particularly I think Tylenol taken by pregnant women. I don't know. Wall Street Journal thinks got an exclusive breaking scoop. We'll get more to that. I want to thank Birch Gold and I've got Philip Patrick since you couldn't get him on tonight, he's going to get him on tomorrow morning. I mean Gold's been on a tear. What you I think would be helpful to understand is why that's so we say all the time on here it's not about the price, it's about the process. Make sure you understand how the value of gold is driven, particularly as a hedgehog. As we've explained this over the last four years with the end of the dollar empire and this is what the BRICS nations are doing. This is why they had this call right after the Shanghai Cooperation Organization and the military parade where the Chinese Communist Party tried to take credit for try to take credit for the victory in World War II, which they had nothing to do with. In fact, what they did is they fought the Chinese Nationalist on the side of the Japanese, really, if you want to be brutally frank about it. So make sure you go and check it out. We've got four years of it, seven free installments, working on the eighth and ninth. And also I'm putting the finishing touches on a physical copy because now they're teaching it actually in finance courses, undergraduate finance courses. I want to make sure you have access to it and can understand it no matter what your education level is, no matter what your skill in mathematics. Do not be intimidated. I think you'll find it quite, quite a ride. Mike Lindell, brother. What's going on? Talk to me. War room posse's had a long day fighting in the trenches. They're looking for a special. What do you got?
I
Well, right on, everybody. This is like my three year anniversary. Or the FBI took my phone on this same hunting trip three years ago. I got it back yesterday if you all want to see. I told the whole story about it on my show. And you can check that out Lindell TV anytime. Go check out the episode. But you, you guys, how much has happened in the last three years? You guys helped my pillow to get through and I'm so grateful that I'm even able to spend this weekend doing this, this hunt. And you guys were given. We're giving back to you because we're. This is the. My pillows, the. My pillow bed sheets. We're closing out. They're not coming back. This is a. When they're gone, they're gone. This is our perk hill line. The Kings are normally 1001998 Split Kings, Cow Kings. Any size, any color. You guys, 29, 88. When they're. When they're gone, they're gone. We have queens, falls, twin twin, extra long king, split kings. All the colors you can imagine. Go to war room or mypillow.com forward/war room. And there it is. Everybody not only get that, but you get free shipping on your entire. This is a war room exclusive. Yeah, we got the closeout sale. You have the my employee pricing sale. All of our pillows that made us famous. 85 million soldiers. You guys get them for these as low as 1998 with the queens. And those employee pricings with free shipping. There's the my store square. Click on that. You get all that with free shipping. Over a thousand entrepreneurs get those big ticket items. Sleep well.
A
Promo code, war room.
I
You guys call that. Call the number 800-873. 1062. You guys talk to my Apple operators.
A
Promo code, war room.
I
Steve and I can't thank the war room policy enough. You guys get everything you can. No limit.
G
Brother. Incredible. Have a good. Have a good weekend. You deserve it. Mike Lindell, hardest working guy know in working on making sure our election platforms are secure because 26 going to be a dog fight. A dog fight. Okay, stick around a couple of minute break. Gonna be back at the 6 o'.
A
Clock.
G
Ben Harnwell is going to pick it up. I'll be back at 10am tomorrow morning Eastern daylight time. Show's already packed. Trying to go through. We'll go through Scott Bessness's takedown of the Federal Reserve plus so much more. We've got a whole, we got three weeks worth of news. We're going to cram in to a on fire show tomorrow morning. The right stuff takes us out. Couldn't be a better way to take you out on a Friday. Magnificent book, classic movie, great score, Academy Award winning. Turn it over to Ben Harnwell right now. See you tomorrow morning at 10. You missed the IRS tax deadline. You think it's just going to go away? Well, think again. The IRS doesn't mess around and they're applying pressure like we haven't seen in years. So if you haven't filed in a while, even if you can't pay, don't wait. And don't face the IRS alone. You need the trusted experts by your side. Tax Network usa. Tax Network USA isn't like other tax relief companies. They have an edge, a preferred direct line to the irs. They know which agents to talk to and which ones to avoid. They use smart, aggressive strategies to settle your tax problems quickly and in your favor. Whether you owe $10,000 or $10 million, Tax Network USA has helped resolve over $1 billion in tax debt. And they can help you, too. Don't wait on this. It's only going to get worse. Call text Network USA right now. It's free. Talk with one of their strategists and put your IRS troubles behind you. Put it behind you today. Call Tax Network USA at 1-800-958-1000, that's 800-958-1000 or visit Tax Network USA tnusa.com bannon. Do it today. Do not let this thing get ahead of you.
A
Do it today.
This episode covers a pivotal and eventful day in the Trump administration, with key announcements ranging from the rebranding of the Department of Defense to the "Department of War," new executive orders on hostage policy, and the major news that Miami, Florida, will host the G20 Summit in 2026. The episode features President Trump, Miami Mayor Francis Suarez, Treasury Secretary Scott Besant, NEC Director Kevin Hassett, and other officials. Bannon, in his commentary, places these developments in the broader context of a shifting global economic and political landscape.
17:55–19:38 – Preparations for the G20 already started. Job numbers and manufacturing variances discussed, with Kevin Hassett clarifying data revisions, optimistic on growth.
20:27–24:47 – Rebuilding of car plants, resurgence in American manufacturing, and discussion about New York City mayoral politics and the prospect of a “communist mayor.”
On Department of Defense Rebrand:
On Energy & AI:
On Federal Reserve:
On Miami’s Growth:
On Urban Renewal:
| Topic | Timestamp | |---------------------------------------------|:---------------:| | Israeli hostage protests & media criticism | 00:00–01:50 | | G20 Miami announcement & economic agenda | 02:00–12:14 | | Regulation/economic policy & tax cuts | 11:41–14:25 | | G20 guest list – Poland, Russia, others | 14:25–15:15 | | Party shifts, border, “Trump Derangement” | 15:15–17:55 | | G20 prep, job numbers, economic outlook | 17:55–19:38 | | Factory relaunch, NYC politics | 20:27–24:47 | | Federal Reserve Chair shortlist | 23:03–24:45 | | Urban renewal, D.C. clean-up | 24:45–29:09 | | EU tech fines (Apple, Google) | 31:08–34:29 | | Vaccine mandates in schools | 35:15–36:18 | | Tax policy, Democratic support | 36:18–37:40 | | Portland unrest, agitators | 37:40–39:28 | | Visas, Brazil, India, trade | 39:28–41:27 | | Bannon: DoD/War rename, hostage order, Fed critique | 41:27–46:36 |
This episode captures the Trump administration's current themes of institutional reinvention, economic optimism, combative rhetoric towards critics (both foreign and domestic), and a concerted effort to portray the U.S. as both resurgent and leading on the world stage. The episode puts heavy emphasis on substantive policy changes (Department of War, deregulation, energy, G20 hosting) and frames each as a break with the past and a return to “winning.”