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Bannon`s War Room
Episode 5099: Trump Speaks On The Economy In Clive Iowa
Episode 5099: Trump Speaks On The Economy In Clive Iowa ...
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- [00:00]
Steve Bannon
You have some new reporting this morning about Alex Preddy. What are you learning?
- [00:04]
CNN Reporter
Yeah, well, we are learning along with my colleague Jeff Winter, that Alex Preddy had an encounter with federal officers a week before his death. We've also learned that federal immigration officers have been collecting information on protesters and agitators and they had details about Alex Preddy again before that fatal shooting on Saturday. Now, about this earlier incident, he, according to sources, had stopped his car, all of this a week prior, observing ICE agents chasing what he described as a family on foot and began shouting and blowing his whistle. Now, Preddy later told this source that five agents tackled him and one leaned on his back, which led to a broken rib, according to the source. Said, quote, that day he thought he was going to die. Now, Preddy was later given medication consistent with treating a broken rib, according to records that have been reviewed by cnn. We've also learned that ICE agents had received a memo from the department, a Department of Homeland Security official, asking that they include information on protesters and agitators that they encountered into a forum. Now, it's unclear whether Alex Preddy's information was part of this forum intake, but this comes within the context of the Department of Homeland Security's repeated warnings about federal law enforcement officers at risk, as they do immigration enforcement operations. And just this morning, the department publicized an online tip form to share information about people allegedly harassing ICE officers. Now, of course, we've heard from some Trump officials who have said that some database would be created for those arrested for impeding law enforcement. We also saw a video over the weekend of one encounter in Maine where an officer says that the protester is going to be inserted into a database. The Department of Homeland Security, however, has declined that any such database exists. But all of this to say about Alex Preddy, that we know that he had an encounter with ICE a week prior, that sources tell me and my colleague Jeff Winter that he had a broken rib from that encounter and that it appears that he was known to federal law enforcement prior to that deadly shooting on Saturday. I should also note, Wolf, we do not know if when the officers had tackled him to the ground on Saturday, whether he knew, whether they knew who he was in that moment.
- [02:34]
News Anchor
Greg Bevino is out, Tom Homan is in. And DHS Chief Kristi Noem spent two hours in the Oval Office last night as the president retreats from Minneapolis. The move is one in a series of walk backs from Donald Trump lately. First it was the intervening and Iranian protest, then it was taking Greenland and now it's cooling Things off in Minneapolis. We will see, though, if federal law enforcement actually does leave the city. But the change in leadership there is still significant. Holtman met with Governor Tim Walz this morning as the governor stressed the need for impartial investigations into the deaths of both Alex Preddy and Nicole Good, a demand that is not just coming from Democrats. Republicans are increasingly uneasy about all of this, as well as our federal immigration officers who have been speaking anonymously to reporters to say they believe in the mission but not the leadership, which in their words is going too far, putting agents in danger, not training or vetting new recruits and losing credibility.
- [03:40]
Political Analyst
A statement that Governor Walz's office has put out after that meeting that you noted between Governor Walz and Tom Holmes, and that statement reads, quote, governor Walz met with Tom Hohn this morning and reiterated Minnesota's priorities, impartial investigations into the Minneapolis shootings involving federal agents, a swift, significant reduction in the number of federal forces in Minnesota and an end to the campaign of retribution against Minnesota.
- [04:08]
News Anchor
Ms. Now is reporting there will be no civil rights investigation into the killing of Alex Preddy. Instead, DHS will investigate both its officers and Preddy. Ken Delaney and joins us in a moment to explain that. At the same time, there are lots of calls in Congress right now for Kristi Noem to be fired or impeached, along with multiple editorials from conservative outlets calling for the same, including the National Review. Will the president do it? Here's what he said a moment ago on the White House lawn.
- [04:42]
Donald Trump
Tom Homan, as you know, is in Minnesota now. He's meeting with the governor and he's meeting with the mayor, I think later. And I hear that going going very well also. I'm going to Iowa. Some of you are coming with me, but I'm going to Iowa and what can I say? The economy is good. It's all good. Prices are coming way down and we have a lot of very positive news.
- [05:09]
CNN Reporter
Do you believe that Alex death was justified?
- [05:12]
Donald Trump
Well, you know, we're doing a big investigation. I want to see the investigation. I'm going to be watching over it. I want a very honorable and honest investigation. I have to see it myself.
- [05:28]
Political Analyst
So they think they're operating in the normal world where, as we've seen, police aren't always restrained. We have had bad police incidents, many bad police incidents. But as a general matter, police respond to the public with restraint and pre professionalism and discipline. If you're out there in the public, you know that's the norm for police. And so if you're Protesting now, you think you're living in that norm, you're not anymore. You're living in a world where these individuals, many of them, many of them are terribly trained, many of them believe they're on some sort of ideological crusade and they're not being held accountable in the slightest. They're being granted an enormous amount of discretion, an enormous amount of immunity, and all that is adding up to is authoritarian violence, which is chaotic.
- [06:15]
Congressional Representative
Kristen Oem is a despicable, corrupt, pathological liar. We've seen her slander not just one, but two American citizens, patriotic Americans who were killed without justification on the streets of Minneapolis in the last few weeks. She's deeply unqualified. She never should have been confirmed to begin with by Senate Republicans. And House Democrats have called for her to be fired immediately. And in the event that she is not terminated, we are prepared to initiate impeachment proceedings against her in the House of Representatives.
- [06:54]
News Anchor
Was there an assumption, Adam, that the people that were going to go out in Minnesota to protest ice, that these were all, you know, seasoned operatives, that they were all agitators, they were part of organized groups who were never going to support the administration no matter what, and that the American public would see that and they would side with immigration enforcement?
- [07:15]
Political Commentator
Yeah, I mean, I think there was an expectation that these, that there would be a bunch of rabble rousers who might respond with violence and the administration would therefore have a popular mandate to crack down even further. Instead, what these people did was engage in a strategy of observation, avoidance of direct physical confrontation with federal agents. All these confrontations that we've seen have been initiated by them in terms of being physically confronted. The people who they confronted were filming them or were in the area, but they have focused on protection and observation rather than engaging in any sort of act of violence. This is a non violent civic resistance. And I think that has been very frustrating for the Trump administration, which wanted sort of the spectacle of riots that they could use to crack down even further. And the way that, you know, that that's the case is that they keep insisting that there are violent riots everywhere, even though that's not what's happening. And there's no, you know, there's literally no footage attesting to that allegation.
- [08:17]
News Anchor
Are Minnesotans going to just move on and forget about this?
- [08:21]
Political Commentator
Well, I can't say what they're going to do in the future. What I can say is that they have been extraordinarily effective at countering ICE up till now. And you can see that in their frustration in the fact that Bovino had to leave. But I want to emphasize that, you know, Holman is, you know, he, he has the same views. And I think as long as Stephen Miller is in the White House directing immigration policy, this is a man who thinks that American immigration policy went wrong when we started allowing non white people to immigrate to this country. And he has said explicitly, you know, when you allow, quote, third world immigration, you know, it ruins the country. That is not an agenda of lawful but conservative immigration reform. That is an agenda of ethnic cleansing. He wants to make life so miserable for people of color that they leave. And what I saw in Minnesota was families that had been in hiding for weeks that other Minnesotans, out of the goodness of their heart were delivering food to so they could stay indoors and not be assaulted by masked men armed by the federal government. And that is just whatever you think about immigration, that is not an agenda of lawful conservative immigration enforcement. It is an agenda of ethnic cleansing. And as long as that is the immigration agenda, you cannot have a normal state of affairs in this country anywhere.
- [09:50]
Stephen K. Bannon
This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on these people. You just not got a free shot.
- [10:01]
Steve Bannon
All these networks lying about the people.
- [10:04]
Stephen K. Bannon
The people have had a belly full of it.
- [10:06]
Steve Bannon
I know you don't like hearing that.
- [10:07]
Donald Trump
I know you try to do everything.
- [10:08]
Stephen K. Bannon
In the world to stop that, but you're not going to stop it. It's going to happen.
- [10:11]
Donald Trump
And where do people like that go.
- [10:13]
Steve Bannon
To share the big lie?
- [10:15]
Donald Trump
MAGA MEDIA I wish in my soul.
- [10:18]
Political Analyst
I wish that any of these people had a conscience.
- [10:22]
Donald Trump
Ask yourself, what is my task and what is my purpose? If that answer is to save my country, this country will be saved. War Room here's your host, Stephen K. Band.
- [10:41]
Stephen K. Bannon
Tuesday 27th January Year of Alert 2026 welcome to the late afternoon early evening edition of the War Room. I've got a some great folks we're getting on here. I'll start with Mike Howe. So today, I don't know, after blinking yesterday, looks like they dig in a little bit. We dig in a little bit more. Homan's there. Of course you heard, you're not going to get. We're at war with these people. They're, they're trying to destroy the country. They keep talking about immigrants. These are illegal alien invaders. 15 million minimum. They all have to leave. And they're sitting there going, oh, this is ethnic cleansing. You just see how they dig in ideologically. There's no Debate here. There's no way you can't change their mind and they can't change our mind. So it's going to have to be political will that gets us done. And quite frankly, they're taking to the streets. The Trump administration blanked because Trump is getting very bad information and the apparatus sent 3,000 folks out there and then abandoned them. No DOJ, no FBI, no Department of War, no Insurrection act, no backup. And he had Pam Bondi on Fox. Oh, we wrote a strongly worded letter. Well, the four points you wrote in the letter that you said and committed to that he was going to have to live up to. You just walked away from the letter. This is why they don't take you seriously. You gave four points. You got to give up Sanctuary City, the criminals, the voter list, although we didn't think that was nearly enough. Even the modicum of giving Wall something he had to commit to nothing to get rid of Bovino. And Bovino is a national hero and a patriot. And now Nick Sorter's reporting up on and if Mo and Grace can put that in the chat on his Twitter, he's saying the president didn't know that they had told. They told Bovino, you're not commander of the of customs and Border. You just got to go back to the El Centro sector where you're from. And he said to that, well, that's the case. I'm going to retire. And supposedly the president didn't know any of that. President goes, that's the president. Me, I just, I just, you know, I'm just putting home in there and sending and taking him out. So this thing, the communication got to get a lot better. The messing got to get a lot better. And you have to surge some prosecutors and Treasury Department and IRS and FBI needs to go for the crimes, the in your face crimes that have been committed. You can't walk away from that. You can't. Impossible. If you walk away from that, then, I don't know, you tell me what.
- [13:20]
Political Analyst
Are you going to do?
- [13:21]
Stephen K. Bannon
You think any of these guys were at war with us? And another thing I keep hearing, you know, people are tweeting out all this massive battle group in the North Arabian Sea. I've been there back in the late 70s, early 80s. I've been there. I don't know what we're even thinking about. The problem in Tehran is not our problem. The problem in Minneapolis is our problem. We need to deal with our problems. And still you go around the world picking a fight in response to what Netanyahu wants to do the Israel first project put on hold for a minute. Let Israel first deal with the Palestinian state that's been created by the Board of Peace in Gaza with Qatar and Turkey until we start going. Even a concept of bombing Tehran right now is about as insane as you can possibly get when you're an open color revolution. Revolt on an insurrection in Minneapolis of which they think they're standing us down. And Kristi Noem, you know Kristi Noem. Hey, she did what she was.
- [14:23]
Donald Trump
She was.
- [14:23]
Stephen K. Bannon
Did what she recommended to do. Was it perfect? No. But did they have any support? This has got to be whole of government. Let me repeat this. We have 15 million illegal alien invaders in this country. And the country supports getting them all out. I understand it's maybe not the most pleasant work in the world, but nobody asked for this. They did this. They did this. These are their voters. This is how they're gaming the system. This is their business model.
- [14:56]
Steve Bannon
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- [17:26]
Stephen K. Bannon
You go there, you get strategic intelligence.
- [17:29]
Steve Bannon
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- [19:09]
Donald Trump
Here's your host, Stephen K. Band.
- [19:16]
Stephen K. Bannon
Gold is on a tear. I think it was over 51. Almost went to 5200. Okay, note to self, take your phone at Bannon 989898. Get the ultimate guide for investing in gold and personal metals. But get to Philip Patrick team. He gave a master class Yesterday on the 5 o' clock show to walk through exactly what's happening in Gold and particularly with central banks. You need to know this like today birchgold.com, promo code Bannon end of the dollar empire. That's a deeper analysis over the last four years, how we walk through why gold, the destruction of the US dollar and gold as not just a hedge because it's been a hedge for 5,000 years. Obviously people piling into this as a hedge but also as a new financial asset class. We've got installment eight. I've just approved the graphics for it, so it'll be out shortly. But talk to Philip Patrick, that's what you need to do. It ain't the price, it's the process of how value is driven. Mike Howe I did that Cold Open, by the way. I didn't get a chance to give a hat tip to the team. Both Denver and my own production team here at the Worm. The Morning Cold Open was a masterpiece. The way they broke it and did the different sections of Rachel Mata, et cetera. I did this one, Hal, just to get you upset. Where are we, sir, in this process of the Red Green alliance war against the American Republic? Are we winning or are we losing?
- [20:42]
Political Strategist
Yeah, we're definitely losing right now. I mean there's no other way to view it as they have forced a negotiation when there's really nothing to negotiate. I think the far left and the rioters and Tim Walls and all of the above have figured out that they kind of have the leverage right now because the administration has shown that the far left media, the public outcry and the Republican Senate and you know, all the other rhinos are a weak spot for them. And so long as that's the case, they're not going to be able to win this. What do you trade away in Minnesota is the real question. And you see Tim Walls, his demands, he wants them to leave. That's what's on the table right now. And so I don't know how you come out of a negotiation without acknowledging the rioters veto that they have over enforcement operations, without lessening the footprint and without inspiring antifa across the country that if you want ICE out, you riot. And so who knows? Hopefully, you know, Tom Holman's a great American. He knows what he's doing. I hope he isn't pushed into a corner where, you know, the forces want him to take a deal that he shouldn't take. The only deal that's acceptable is deportation of illegal aliens.
- [21:51]
Stephen K. Bannon
That's non negotiable, non negotiable. By the way, this is why I have the brilliant Mike Howell on to start the five o' Clock show because Mike Howell says that Tiffany's going to get Inspired. Also what's going to get inspired is these radical elected officials. I'm going to go to Arizona in a second. The AG in Arizona, they've already picked up on the tactics that work in Minnesota. Right. And they're trying to implement them in Arizona and these other states right now that have heretofore we've had, you know, in Texas, other places, pretty good working relations because we're doing these raids all over the country. But they're going to take the lessons, the lessons of what they learned on the streets and with these government officials in these signal chats and all that. That is going to spread like wildfire throughout this. So, hey, there's no negotiation because it's non negotiable about all of them. Gotta go. They all have to go. And so that is the business model of the Democrats. They don't exist as a political party unless they have illegal alien invaders. Mikael. Mike, you've also come up with something. I gotta get to this because I said, hey, there's gotta be a whole of a government approach here. You gotta have DOJ, you gotta have the FBI, Department of War. You can't send 3,000 guys out like the French sentence to den bin fu and then, hey, hope it works out for you. It's not like that. The other side does not play like that. They converge everything around Minneapolis. We have to do the same thing. You have to surge in there and you have to stand your ground and say, we're going to do this. Talk to me. But because the government, the FBI, doj, they're not focused on Minneapolis. Tell me about this Netflix. What is going on between our US Government and Netflix? Sir?
- [23:31]
Political Strategist
Yeah, this one's really gonna, you know, take it home that the left has a much more comprehensive strategy for control and influence. I mean, they're, they're thinking well beyond how the right thinks of things, where not even DHS is on the same page. Right. It's abundantly clear now that the infighting there has spilled over into, you know, the public view. But here's what's happening with Netflix. There is.
- [23:54]
Stephen K. Bannon
Let me jump in here. The President's coming. The President's coming right on the stage. Let's go ahead and cut to the stage. We'll go back to my counter moment.
- [24:27]
Singer
From the lakes of Minnesota to the hills of Tennessee across the plains of Texas from sea to shining sea From Detroit down to Houston and New York to LA where there's pride in every American heart and it's time we stand in, say. That I'M proud to be an American where at least I know I'm free? And I won't forget the men who died who gave that life to me? And I gladly stand up next to you and defend her still today? No doubt I love this land? God bless the USA. And I'm proud to be an American Wearing this I know I'm free? And I won't forget the men who died who gave that right to me? Can I gladly stand up next to you? And defend her still today? Cause there ain't no doubt I love this land? God dance for you.
- [26:22]
Donald Trump
Thank you, everyone. Well, thank you very much. And I'm thrilled to be back in the great state of Iowa with so many proud, hardworking American patriots, which is what you are. It's an amazing state. What a place. Boy, do we have some victories here. Were they the greatest. So exactly two years ago this month, it was the people of Iowa who put us on a rocket ship back to the White House. We do a rocket. That was a quick one. After a rigged election. We had a rigged election. I had it. I said, do we do it again? And I said, I think we better do it again. Not too many people who would have said that. But we did so well the second time. I said, well, we won twice. We got to do it a third time. Should we do it a fourth time?
- [27:24]
Stephen K. Bannon
Four.
- [27:25]
Donald Trump
Four victories. Four victories. We got the right team over there, the right team over there. There. That would be easy for you. That wouldn't even be work. But you came out by the thousands on a cold and snowy winter evening. Remember that beautiful evening. And together we won the Iowa caucuses in a 30 point landslide. That was great. I'll never forget it. It was so freezing. You think it's cold now? That blew it away. Whatever happened to. To global warming? Now it's, you know, it's like one of those things. But it was a coldest night. I remember it was way below zero. And they say, sir, you don't have to come till 10 or 11 o' clock because a caucus takes longer. Then I got a call at like, let's say the polls closed at 7. Sir, you've won. I said, I won what? They told me 10 o' clock they can announce. They said, you want us so much. They just called it at one minute after seven, right? So we made the journey and we made that journey through all the cars and everything else and we made a speech. But what an evening that was. Then in November, we won the state by a massive landslide. That was incredible. In the election. And we then went on to win all swing states. All seven of them. They said seven swing states. Well, he could win four of them. He's doing very well. But we won seven. We won the Electoral College 312 to 226. We won the popular vote for the first time of any Republican in many decades by millions and millions of votes. And we won a category that's very important. We won 86% of all counties in America. 2,700 to 525. How about that? Other than that, we didn't do too well. So now we're back where it all started. To celebrate the greatest first year of any administration in American history. They say that even the radical left is saying only we did a lot of things. 12 months ago. Joe Biden handed us a mess. We inherited the legacy of record high inflation, the highest inflation in the history of our country. They say the fake news. Ooh, that's a lot of fake news. No, the fake news. The fake News said it's 48 years. I remember recently I said, the highest inflation, the worst. I believe in this, by the way. Worse than the history of our country. They said it wasn't the worst. It was 48 years. I said, that's okay, too. Somehow that sounds even worse than when you say the history. Right? 48 years. I accepted that. But I think it was in the history. A mass invasion of our border, and our country was being laughed at all over the world. We were being laughed at. We were a joke, but not a joke anymore. We're not a joke. We're not being laughed at anymore. But today, just after one year of President Trump, our economy is booming, incomes are rising, investment is soaring, inflation has been defeated. Our border is closed, totally closed. And America is respected all over the world. Like they've never been respected. Expected one year. I thought it would take us two years. I guess I'm following in the great path of John Deere. We got the chairman of John Deere here. Chairman and CEO. That's pretty good. I even signed a John Deere hat for him. He said, I'm going to put this in the museum. I said, that's good. Now. It's a great company. Great company. And you just said, you're opening up two massive plants because of tariffs, you're opening up one in North Carolina, one someplace else, and then you're expanding all over the place. You're doing a great job. I bought a lot of John Deere stuff. I bought a lot of John Deere. It's a great company. It's an honor to have you. Thank you very much. This has been the most dramatic one year turnaround of any country in history in terms of the speed. I really thought it would take us two or three years to do what we're doing. You know, we're the greatest, the number one country anywhere in history, in the world, anywhere in history for investment coming into the country. And it's amazing. And it's because of tariffs and it's also because of the fact that we had such a tremendous November 5th. That November 5th brought Spirit back to our country. Came back. You know, one thing I think which is so, it's so important is if you remember a year and a half ago, we couldn't get people to enlist in the military. Any of them, Army, Navy, Air Force, Marine, any of them, the Coast Guard, Space Force. I love Space Force. Right. We couldn't get them. And even police departments, they couldn't get anybody with a uniform represented the country. You couldn't get them. And today we have the single greatest recruitment numbers in the history of our military. The police forces are loaded, law enforcement is loaded up. And everybody wants to be a policeman, a fireman. They want to be, they want to be in the military, any branch. I mean, we, we literally, they couldn't get them. A year and a half ago, nobody wanted to be in the military. Now everybody wants to be in the military. It's an amazing thing that's happened, an amazing turnaround. And all because we have a president who does something very simple, puts America first. Right? Right. Thank you. So under my leadership, economic growth is exploding to numbers unheard of. They've never had them before in recent times and now, and we're just getting started, you know, the great big beautiful bill, which is no tax on tips, no tax on overtime, no tax on Social Security for our seniors. Do we have any seniors in here? Do we have any seniors in here? One of the fake news said he did that because he doesn't want to pay tax on his Social Security. Don't you believe that's what I never thought of? These are sick. These are sick people. Despite the fact that we've just truly started, it's just kicking in because we inherited such a horrible situation with all of the high prices and the inflation and everything else. And by the way, the open borders with we had millions and everything you see today wouldn't happen. They opened the borders, but we had a 5.4%. And since the election, the stock market has set 52 all time highs, adding $9 trillion in value to your savings, retirement account and 401 s. So 401 people, I mean, of which you got a lot of people. Does anybody have a 401k in the audience? A lot of people. So you're setting records, right? The highest it's ever been. They say this, you know, the good stock market, they say, well, this stock market. Or they can't get, they just try so hard. This stock market doesn't affect the middle class. I say it does. What about a 401k? What about all the other things? What about the fact that they're making more salary than they've ever made, but the stock market's the highest. How is John Deere stock doing? Great. All time high, everyone. I don't have to even ask the question. I mean, I made a lot of people rich. Me, I just keep working. I made a lot of people rich. I made a lot of people rich that I don't even like. I got a lot of people that I don't like at all. And I've made them, I've doubled their net worth. But after four years in which Biden got less than $1 trillion in new investment, think of it. He took in substantially less in four years than one trillion. We secured commitments for a record breaking plus 18 trillion. So in one year we did over 18 trillion and he did less than one trillion. Just over one year ago, under sleepy Joe Biden and the radical left lunatics, we were a dead country. We were a dead country. I'll tell you, one year ago, a little more than one year ago, we were a dead country. The king of Saudi Arabia told me that. You've heard me say it. He said it better than anybody else. He said, you know, I can't believe it. A couple of months ago, a few months ago he said, a year ago you were a dead country. Now you're the hottest country anywhere in the world. Like he said, I can't believe it. And today I'm pleased to announce one more historic investment. The great American company that we just talked about is doing so much. I have to give, I have to give it really. I buy so much equipment from so many of the people in the, you know, we have a lot of very successful companies in here. But I know it's a very, a very special deal because John Deere is doing $70 million in factory in North Carolina, brand new, the best in the world. And I think it's going to pay off very, very big. And if it doesn't I have nothing to do with it. But if it does, I'm going to take. I'm going to take full credit. But what it is, is an excavator factory as I understand it. And it's going to be the only excavator factory. In other words, excavators. We all know. I love those excavators. Believe it or not, I know a lot about them. We don't make them here. This is going to be the only excavator entirely made in the United States of America. I love it. I love it. It's great. And they'll all come. I hate to tell you, but they're all going to be coming too. You're going to have some competition, but you'll be ahead of them. If congressional Democrats had their way this year, would right now be facing the largest tax I. So they wanted to give you. This is what I was running against. The largest tax hike in the history of our country. I wanted to give you the largest tax cut in the history of our country. And if they won, this country would be cratering right now. It would be cratering. So I've cut a record number of job killing regulations. The reason our job numbers are so good. And remember this, I've cut hundreds of thousands of federal jobs. Now if I didn't do that, our numbers would be even more through the roof. Or I could get them. You know what they do in order to have decent numbers? They hire a million people. You hire a million people, all of a sudden you're down to three and a half percent. We don't do that. We get rid of that job where you have 10 jobs for every. You have 10 people for every job. And they are all now. And they hated me. They hated me. Now they love me. You know why? They all got jobs in the private sector making twice as much money as they made from the federal government. Sometimes much more than that. So a year ago they hated me and now they love me. But it includes dozens of burdensome regulations that were crushing our amazing farmers. We love our farmers. We won this thing, I think farmers. Well, who the hell is voting for Kamala? You know, it was a crazy election because we were doing great against Biden. Our hope. Nobody even knew who the hell Kamala was. All I knew, she was the border czar. We had millions of people pouring through and she was the border czar. So I like that. But, but I will tell you the, the amazing. We didn't know much about her. And you know, when you're running A campaign. You're focused on the person you're an. So we're running against Sleepy Joe Biden. Crooked. I call him Crooked Joe, Sleepy Joe. They're both accurate. And we're running against him. All of a sudden he's way down in the polls, down by a lot. And all of a sudden they take him out and they put a new. This is like I told Dana White the other night, it's like taking a fighter, putting him in. He's getting the hell beat out. You take him out and you put a new fighter in. And see, that's not fair. But that's to me. The stuff that happened to me can only happen to me. But I repeal the Biden's EPA ridiculous water restrictions to keep federal bureaucrats off your land and out of your business. That was a big one. That was a big one. I terminated the so called diesel exhaust fluid requirement. You know what that is? Saving family farmers more than $1 billion a year. And we're going to a lot more. We're going to do something on tractors. You know, they never took the. We did it with cars. We took all that nonsense off the cars. You couldn't start your car. You'd have to go to MIT to get somebody to fix your car with all the crap they had on it in order to save a quarter of a glass of this much little tiny bit of gas. These people are crazy. And I'm going to do that, I think for tractors too, because we're going to get the tractors back there. Where you don't have to have to be a PhD in order to start your tractor in order to keep the environment clean. So much nonsense. I think it makes the environment dirty, actually. And very importantly, on day one, I kept my promise to the people of Iowa and abolished the insane electric vehicle mandate which would have obligated you to go out and buy an electric car, but it would have obliterated a thing called ethanol. This. Do you like ethanol? Is it big? A lot of people are asking me about ethanol. I don't know. I don't know. Do you want me to do something with ethanol? After years of the United States getting ripped off by other countries on trade, I'm standing up for the workers and the farmers of our country like no other president has ever. No other president has done this.
- [42:01]
CNN Reporter
Thank you.
- [42:01]
Donald Trump
I mean no other president has done this. I could had a nice easy presidency. I probably have this little piece of ear back, you know, could have it and I wouldn't have to listen to lunatics like this up there, I wouldn't have to listen. Is that nice? Boy, they're good here. Do we love our law enforcement? They work very quickly. But under Sleepy Joe, we had the largest trade deficit in world history. But in one year, I've slashed our gaping trade deficit by a staggering 77%. How about that? What about that, though? That's pretty good, right? 77. Nobody's ever seen. Seen that. You know, if you slash your trade deficit by 1%, you're like a genius. They say, oh, he's very electable. He's not so electable. I did 77. I did something else. Favored nations on drugs. We now will. We now are paying the lowest price anywhere in the world for drugs. In other words, matching favored nations. It's called most favored nations. Every other president tried for it. They didn't try very hard. They didn't get anything. I got it done. I got all the. The nations to agree. You think that was easy? I said, if you don't agree, we're going to put tariffs on you. They said, we agree. We agree. So you'll have a pill that cost $10 as an example, cost $10 in London, cost $130 in Des Moines, and now it's going to cost $20. Think of it. You'll go from $130 down to. It's the biggest price reduction of prescription drugs in history and could have a huge impact on your health care, too. I was very proud of it. And you know, the fake news. I can't get them to talk about it. Think of it. I got the biggest price reduction in history on drugs, pharmaceuticals. I can't get these guys to talk about it. It was page like 22 in the new York Times. A little story. I just got the biggest. I can't believe it. If a Democrat got a half a point down. This is like hundreds of. Depending on the way you want to calculate it. You could say it's an 80% reduction, or you could say it's 1,000% reduction. You could say whatever you want. But it's the biggest reduction in history by many, many times. I did something because we were subsidizing the entire world. We were paying 10 times, in many cases, more money than the rest of the world. And I said it wasn't fair. And I got it done. And everyone said, you can. They said, you'll never get other countries to agree. They said, yeah. I said, yes, I will. They said, you'll never get the other countries to agree. I got the drug companies. That was not Easy. I want to tell you. But that was not so bad. But they even told me, we'll agree to it, but you'll never get the other countries. I said, 100% I will. Why wouldn't I get them? And I called Macron of France. I said, you got to double the price of your trucks. He said, no, no, no. I will not do that. What was the story with his glasses the other day? What the hell was that all about? But anyway. But I got them all. I don't want to go into a lawsuit. Bottom line. I said, I'm going to increase tariffs by 25. I'm going to charge you 25% tariff if you don't do it. They said, we will do it. We would be. Why don't you ask? We'd love to do it. So I got something done that no other president could have gotten done. And no other president. I don't even think they tried. You want to know the truth? You think Biden was thinking about it? He just was thinking about how the hell to get off the stage. Remember, the guy could never find it. You have so many ways you can jump off the front if it really gets. You got stairs all over the place. The guy could never find his way off the stage. This was not a. This was not a good sign. But I made new fair trade deals with countries covering half of all US Trade. You do know they're paid agitators, right? They're paid. They get paid, you know. Do you ever see their signs? You know, we used to have protests and you'd have guys making a sign in a basement. These are all paid agitators. That's all they are. They get paid to go and they don't even know what when they interview them. Why are you here? I don't know. They have no idea. They're paid insurrectionists, really. In some cases, they're sickos. But I've made new fair trade deals with countries covering half of all, scoring giant wins for the farmers, ranchers and agricultural producers like no other president President has ever done. That's why I got such a tremendous vote from the farmers that. I love you, too. I do love you, too. So Japan will now allow the United States to supply up to 100% of automobile ethanol, automotive ethanol, and import large amounts of aviation biofuels from the United States. That's great for you. That was part of the deal that we made. The United Kingdom will import nearly $1 billion of ethanol. That's part of their deal. Australia is allowing American beef into Its market for the first time in 20 years. Did you know that? And beef is doing great. And we got to get the prices down a little bit. And they're starting to come down pretty much. China has agreed to purchase over $40 billion of U.S. grown soybeans. You know that you're selling them, they're selling them. And I went to President Xi and he's upping it. I mean, he's. It's 40 billion dol. Billion. The European Union will dramatically increase purchases of American pork, dairy and soybean oil. They never did that before. They're all doing things that they never did before because you have a certain president that's a little bit different from the presidency. And nations from Cambodia to Thailand to the Philippines and Indonesia are eliminating all trade barriers to your agricultural products. Your agricultural products had trade barriers that didn't allow them to be sold in countries that are now saying, oh, please, we'd love to accept your product. So that's great. It's going to be. You're going to see it starting to kick in now for the farmers. And to further help our farmers recover from the. Really a catastrophe of the Biden years. What a period of years that we had. We had a country that was just dead. We had a country that was. Was just not respected by anybody. We had a guy who didn't know where the hell he was. Do you think he worried about his farmer at night? No, he just wanted to go to sleep. This is what we had. This is what we had in our fake election. We recently issued $12 billion in farm relief. We gave him far because you was screwed by other countries. I said, how much is the number to our great Secretary of Agriculture, Brooke Rollins? He's doing a great job. I said, brooke, what's the number? And she said, $12 billion. And I wrote a check for $12 billion because we have so much money from the tariffs coming in. So you couldn't have done that before. We're a rich country now. I hope we win that Supreme Court case. You know, we have people that are China oriented. There are people from literally that very China oriented and foreign country oriented trying to stop that. But we'll get it done. One way or the other, we're going to do it. If we have to do it a different way, we'll do it. But we're taking in hundreds of billions of dollars. We're doing amazing. Nobody can even believe it. Foreign countries cannot believe what's happened. They're studying us, but it won't work. But I'M also working hard to expand your markets domestically and in the campaign. I promise to support E15 all year round. Yes.
- [50:35]
Singer
Yes.
- [50:36]
Donald Trump
Should I do it, Coffman? Should I do it? I did. I promise E15 all year round if I get elected. And I want to let you know. And we'll start right now. He's going to put out a statement. A week ago I said, hold it. I'm coming to Iowa to make a speech. I'm not going to put out a truth. I'm not going to put. I want to be there in person to tell them, the people of Iowa, to know that I am trusting Speaker Mike Johnson, who's great, and Leader John Thune, who's great, that's House and Senate to find a deal that works. We've got it for farmers, consumers and refiners, including small and mid sized refiners, in other words, to get E15 approved. And they're working on it. They're very close to getting it done. So I just want to let you know that. And China will be sending me a bill very shortly Supporting year round 15 to my desk very quickly and I will sign it without delay. Okay. I hope you remember us for the midterms. You know, the worst thing about the midterms is the fact that no matter what happens, the people that win the presidency, you win the. Even if you're a good president, I think we had the best first year of any president ever. Maybe they say, but even if you have any great, it's like in the last 50 years they've won it twice. Can you believe it? If something happens, there's a screw turns with the voters. So even if it's a Democrat or Republican, whoever wins the presidency has a hard time with the midterm. If we lose the midterms, you'll lose so many of the things that we're talking about, so many of the assets that we're talking about, so many of the tax cuts that we're talking about and it would lead to very bad things. We got to win the midterms. I mean, I'm here because I love Iowa, but I'm here because we're starting the campaign to win the midterms. We got to win the midterms. That means Senate and it means House. Got to win them. It's crazy. You know, you think it would be like a 50, 50 deal or something. It's like for some reason, and this is Democrat too, Democrat wins the presidency for some reason, they lose the midterms. Now maybe they don't campaign as hard because they want. I don't know, but I campaign hard. We got to. We got to win the midterms. So remember that. You got to get out and you got to vote. The midterms are very important. We're going to. We're going to really work hard on winning the midterms. We have great candidates again, Senate and House. We have great candidates. We got to win them. And we have candidates that rule with common sense, not this craziness. You know, we're not going to be supporting transgender for all men, men and women. Sports, open borders. Open borders. The worst is open borders because, you know, I take care of things and, you know, inflation. I had it beat very quickly and all. But this open border thing, you know, it's a lot of work taking criminals and that they allowed into our country where the jails are opened up. Remember the jails, the prisons all over. From all over the world, they're opened up. The Congo, all over South America, Venezuela, they opened up their jails. We got to get them out. I mean, it's really, really. We can never forget what that group of morons did to this country. We can never forget. And we've got to win the midterms. That's why we've got to win the midterms. As we bring trillions of dollars pouring into our country from over overseas, we're also making America affordable again. A problem caused totally by the crooked Joe Biden administration. I mean, you know, I inherited this problem. They say prices are too high. I just took over. They said, I'll never forget. I come here, I'm in three days, I have a news conference three days into my administration. What about the price of eggs? They've gone up like five times more. I said, I just got here. I didn't know about it. I'm sorry. And we got eggs down very quickly, remember? But I was standing there, I'm so happy. I just won. I thought the press was going to be so nice and some lunatic right there, actually. What about the price of eggs? Eggs have gone up. I said, tell me, give me a little because I don't know. I just got here. I'm sorry. But I fixed it now. I fixed it pretty much all, but it's going to go down even further. No, but they caused a problem. And then they came up. You know, it's that they came up with affordability. Every time you hear the word, remember, they're the ones that caused the problem. And first time you heard about it was like a Few months ago. This election's all about affordability. Well, they're the ones that caused the problem, but nobody knows that. You know, people forget. So they say, oh, affordability, let's vote for the Democrats. It's no affordability. They caused a tremendous, tremendous price increases. It was caused by the worst inflation we've ever had. And they come up with this word affordability. And I saw it, even although you're not hearing it so much anymore. You know why? Because the prices are coming down so much. They don't want it to be an election based on lower prices. But we're bringing down the lower. I like that term better. It's a lower prices. We're bringing them down, but we inherited the highest prices in the history of our country, and we've rapidly brought them down, and that's what we want to do. Did you ever see them when they're being interviewed? This will be an election on affordability. And I say that. But they never talk about after. That's all they say. They just say affordability, but they never do anything, Mr. Chairman. Right. They never say, they don't talk about. What do they mean? So everyone and says, you know, look, you people are doing a lot of things. You're not into politics that much, although you like it, you like Trump, but you're not into politics. But you're not going to go back and examine. All you know is, oh, therefore, I guess that means they did a good job. They almost destroyed our country. They were pricing you out when gasoline's at $4.50 and now it's at $1. I was told, you know, I was saying 199 today in Iowa. I was told that it was $1.85 that hit a gallon in Iowa. And, you know, that's like a massive tax cut. That's actually like a massive tax cut. So the Biden nightmare cost a typical American family $34,000 in four years. But after one year of Trump, real wages are already up more than $2,000. Think of it, that's a $5,000 swing. Much faster. Wages have gone up much, much faster. Think of this, than inflation. With him, it was just the opposite. Wages in the United States in the last year have gone up. And remember the first part of the year, actually, you could say almost the first year, I was fixing the country from the horror show that we inherited. Grocery prices, airfares, hotels, car payments and rent prices have all come down, and they've come down very fast. And thanks to our tax cuts, millions of Americans will soon receive record setting tax refunds an average of more than $1000. Think of that $1000 compared to last year. $1000 just in what you're going to save with some of the tax cuts. And that number goes up exponentially over the course of four years. So it's, I mean it's amazing. It's called the great big beautiful bill. You know one other thing that they get, you get that I thought was so great I came up with it. You know, very rich people get deductions. Middle income people don't get deductions in them. I said why is it that when a rich person buys something they get a deduction on interest but when somebody that's working like hell, they don't get it, they want to buy a car. And I said, why can't somebody buying a car in America only if it's made in America. If it's made in some other country, we have no interest. So I got it approved. In the great big beautiful bill, you get a full tax deduction against your income tax. You get a full tax deduction. Think of it, if you purchase a car in America, if you borrow money, the interest that you're paying on that borrowed money is a full deduction for your tax purposes. And that's a tremendous deal. And you know what, it's also great for the car companies because the car companies are going to be making a lot more cars that nobody, they couldn't believe it. And I got it passed. So just remember me as you take those deductions, please. The king of deductions. No, but it was always unfair the way a lot of people, the way a lot of people got treated. You take that deduction. One of those who will be seeing.
- [59:44]
Stephen K. Bannon
Okay, thanks to. We are now going to, we're going to pass this on to John Solomon. Rav, we'll stick with the President Trump speech in Iowa. Didn't really address the situation in Minnesota, but I'm sure he'll get to that. We are going to go over to War Room Texas. We're absolutely packed and we'll be up and running in a minute or two. We'll see War Room Texas in a:08.
- [60:06]
Donald Trump
See you then. How are you? Congratulations. What a good story. She's the general manager at Whiskey River Bar in Ankeny, Iowa, which as you know, I visited strongly a couple of times in the campaign. And Erica has been able to hire many new employees and they're each going to be taking home thousands and thousands of dollars extra. Because of the no tax on tips. And she's got a lot more people wanting to work for her too because of that. No tax on tips. That's just one of many. How's that working out, Erica? Good. You want to come up and say a few words? Come on up, Erica. You want to come on up? And while she's coming up, also with us is Judy Waldron from Davenport. Judy works part time as a bartender and her husband Chris is an electrician who works hours on overtime each week. Their family is going to save thousands of dollars.
- [61:06]
Steve Bannon
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