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Bannon`s War Room
Episode 5393: President Trump Holds Rally In New York; Hostile Territory Of The Central Bank
Episode 5393: President Trump Holds Rally In New York; Hostile Territory Of The Central Bank...
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- [00:01]
Steve Bannon
To President Trump and to Congressman Mike Lawler for comforting our family, saying Sheridan's name and fighting for policies that put safety of American children and the citizens first. But I do not understand why this is a fight that belongs to only one party. Protecting our people is not politics. It is the first responsibility of government. So do not just feel sorry for us. Instead, remember Sheridan's name and stand with us. Demand that leaders who enforce our laws, secure our borders, cooperate with law enforcement and put innocent American families first. Sheridan should have come home. And because she did not, we will
- [00:50]
Curt Mills
spend the rest of our lives fighting
- [00:53]
Steve Bannon
so that someone else's daughter can. Parents out there, give your kids a big hug, tell them how much you love them. Thank you very much.
- [01:24]
Donald Trump
Well, it's crazy. It's crazy, right? We had a border. We didn't have open borders. He came through open borders, nobody checked him. Totally unvetted. Terrible person. An animal. Should have never happened. Just yesterday, New York State passed a budget packed with provisions to obstruct federal immigration enforcement and keep this a deadly sanctuary state. Just passed yesterday. It's hard to believe. So, Bruce, hopefully you'll get that unpassed very quickly. It's terrible. As we speak, the radical left Democrats in the House and Senate are blocking passage of legislation to ban sanctuary jurisdictions. We want to have that banned. We don't want them. They bring in criminals of the worst type. Murderers, drug dealers, prisoners escaped from foreign prisons, put in our country by foreign countries because they don't want them. But with your support and Congressman Lawlor and Bruce, you're going to do fantastic. You're going to be the next governor, I'm telling you. Who's going to take this? Bruce Blakeman. We'll stop fighting for Sheridan's. We're going to be fighting for Sheridan's memory. We're going to be fighting. You just can't forget it. I looked at her, I said, such a beautiful young kid. I saw it in the papers. Front page of every paper. How do you. How do you explain that to parents? How do you explain it to anybody? And we'll abolish deadly sanctuary cities in New York and across the nation once and for all. We're getting rid of a lot of them. And we now have the strongest border in the history of our country. By far the strongest. Starting on day one of my administration, we took the most dangerous, unsafe, violent and open border in the world. Anywhere in the world. I don't think there's any, any place in the world where 25 million people cross. You could go into a third world country. They don't have borders like that. And created something that was incredible because we did it without Congress, without the help of Congress. You remember Joe Biden. I can't get legislation passed. I didn't have legislation. I came in and I told border patrol and ICE. I said, close the border. And within 30 days, we had zero illegal aliens admitted into the United States in the last 12 months.
- [04:08]
Mike Lindell
Zero.
- [04:09]
Donald Trump
Zero. Thank you. Thank you, everybody. Incredible people. You built the. You people built this country. Remember that. You built it. Nobody else. We also passed the largest ever investment in ICE and Border Patrol because they're really heroes. You know, they get mangled up and spit on by politicians that don't have the guts to get up in the morning. Democrats all. Really. Democrats all. You look at the stats, it's all. Everything is blue. The blue states, with their help in 2025, we achieved the largest drop in the murder rate ever recorded from 1900, 125 years the year. And that's with a lot of people. We got a lot out. We have a lot to take out. That's with a lot of people that aren't supposed to be here. We cut the flow of fentanyl across our border by 59%, which is unheard of. And we cut the flow of fentanyl and drugs into our country by the ocean and the sea. In other words, coming in by water, by ocean and sea. By 97%. We made the largest ever investment in the US military. And we're going to have $1.5 trillion invested. And boy, isn't it great that we have the greatest military in the world right now. Isn't it great? And with not only Venezuela, but with Operation Epic Fury, our warriors are ensuring that the world's number one state sponsor of terror, Iran, number one state sponsor of terror. They send their money all over the world to create problems never going to happen. And they're never going to have a nuclear weapon. And they know that. They know that. And America is winning again. America is respected again. Perhaps like never before. But we're just getting started. With the help of our Republican majorities in Congress, we will crush violent crime. We will impose harsh new penalties for dangerous repeat offenders. We will crack down on Marxist prosecutors and rogue judges that are no good for our country. They're disgraceful. And we will end. No cash bail. This is where it began. And we will pass what we call the Great Health Care plan. The great Health Care Plan to stop all payments to big insurance companies. The government pays the big insurance companies totally controlled. The Democrats totally control them. And they're totally controlled by the companies themselves. And we're going to give the money not to the big insurance companies. We're going to give the healthcare money directly to the people so they can buy their own healthcare. They can make sure that they get better. You'll get better. You'll get far better healthcare than you have right now. Because the Unaffordable Care act, that's called Obamacare. The Unaffordable Care act is terrible. It's always been terrible. You'll buy your own healthcare, the money will go directly to you and you have a lot of money left over. You have much better healthcare. And we'll stop the radical left's rampant looting of your taxpayers dollars. And we'll win the war on fraud. Didn't you see that? It's led by our great vice president, J.D. vance. You see what's going on? It's looking good. Do you see what's going on out there? All those good looking guys up there, they're out there and they're out. What they're doing is fantastic. They've caught so much fraud. They're in Minnesota, they're in California. They're going to be everywhere. And JD and the group are doing a fantastic job. We're finding billions and billions of dollars of fraud, medical fraud. Dr. Oz is doing phenomenally well. Dr. Oz, Bobby. We love Bobby. And we will always protect our second amendment. We will defend religious liberty. We will support our police. We will pass the Save America act to protect our sacred American elect. And all voters must show voter id. All voters must provide proof of citizenship. And there will be no more mail in ballot scams. Especially in places just like this where it's so rampant, except for illness, disability, military deployment or travel. Will be very generous in that regard. But we have to stop it. There's no country in the world that has mail in ballots like we do. No country in the world. You know why? Because it's inherently corrupt. And we will also enshrine in permanent law no men in women's sports and no transgender surgery for our children. And together with the help of patriots throughout New York State, New York and right here. I love this place. And all across our land and all across our country, we will make America powerful again. We're respected again like never before. We will make America wealthy again. We're right on our way to doing that. We will make America healthy again. You know what that's all about, Maha? We will make America strong again. We will make America proud again. We will make America safe again. And we will make America great again. Thank you very much. Thank you. Get out and vote in the midterm. Thank you. Thank you, Mike and Bruce. Thank you very much. Thank you, everybody.
- [11:03]
YMCA Singer
Young man, there's no need to feel down. I said, young man, pick yourself off the ground. I said, young man. Cause you're in a new town there's no need to be unhappy. Young man, there's a place you can go. I said, young man, when you're short on your dough you can stay there. And I'm sure you will find many ways to have a good time. It's fun to stay at the ymca. It's fun to stay at the ymca. Hey, they have the everything for your men to enjoy. You can hang out with all the boys. It's fun to stay in the ymca. It's fun to stay out ymca. You can get yourself clean. You can have a good meal. You can do whatever you feel. Young man, are you listening to me? I sit down. Young man, what do you want to be? I really. Young man, you can make million dreams. But you got to know this one thing. No man does it all by himself. I said, young man, put your pride on the shelf and just go there to the ymca. I'm sure they can help you today. It's fun to stay in the ymca. It's fun to stay at the ymca. They have everything for young man to enjoy. You can hang out with all my boys. It's fun to stay at ymca. It's fun to stay at. Yeah, you can get yourself clean. You can have a good meal. You can do whatever you feel. Young man, I was once in your shoes. I said I was down and out with the blues. I felt no man tell if I were alive. I felt the whole world was so tired. That's when someone came up to me and said, take a walk up the street in some place there called the ymca. They can start you back on your way. It's fun to stay at the ymca. It's fun to stay at the Y
- [13:51]
Donald Trump
to the war room.
- [13:52]
Steve Cortez
Let's keep the music going right there. The President Square speaks for an hour and a half. And then if you know President Trump, he enjoyed it. He didn't want to leave. That worked the. That worked the crowd on the. On the way out. And now the President. We've heard he has changed his travel. He is not going to go to bedminster night, I think play golf. Tomorrow he's heading back to Washington D.C. and there's a bunch of stuff coming out with reports maybe be in the situation. We're going to get to all that huge news day by Tulsi Gabbard and of course, the, the ceremony, swearing ceremony for the new federal serve chair. I'm going start with Curve Mills. We've got a great cold open. You're in the war room. We're going to blow some breaks here because we've got a lot to get in before we kick off. Tomorrow's our holiday weekend special. So let's go ahead and let it rip.
- [14:47]
Steve Bannon
Director of National Intelligence Tulsi Gabbard is resigning effective at the end of June. In a letter to President Trump, she writes, quote, my husband Abraham has recently been diagnosed with an extremely rare form of bone cancer. He faces major challenges in the coming weeks and months. At this time, I must step away from public service to be by his side and fully support him through the battle.
- [15:09]
Susan Glasser
In many ways, the news of Tulsi Gabbard's appointment to the Cabinet was that she was going to be one of the sort of vanguard of former Democrats, in her case moving the country's foreign policy toward what she saw as Trump's America first commitment to no new wars. This is one of his most popular chants on the campaign trail. Gabbard was seen as the kind of leading proponent of this in the Cabinet and in many ways alongside of Vice President J.D. vance, Pete Hegset, the defense secretary, to a certain extent. And yet what's happened is so interesting in Trump's second term, he has not pursued that kind of a foreign policy at all. Some, like J.D. vance, have sort of seemed to transform what they've said in public about the goals of American national security. Gabbard never seemed at ease with this pivot. Donald Trump, the president of no new wars, has launched military operations in more than seven different countries over the course of his second term. And you know, the Iran war, it was very painfully obvious when she testified to Congress that she just wasn't fully bored with this.
- [16:24]
Steve Bannon
And the Federal Reserve has a new chairman. And President Trump is making it pretty clear what he wants him to do. Kevin Warsh was just sworn in to lead the US Central bank, one of the most important independent financial institutions in the world. He takes over for the embattled term limited former Chairman Jerome Powell. For years, Powell has been a punching bag for many of President Trump's personal economic grievances. Today, Trump hosted Warsh's inauguration at the White House, showing just how invested he is in the Fed's new leader
- [16:55]
Donald Trump
thankfully, unlike some of his predecessors, Kevin understands that when the economy is booming, it is. That's a good thing. We don't have to go crazy. Just let it boom. We do have some debt we'd like to take care of, and the way you do that is through growth. We're going to grow our way out of it so fast. And Kevin is somebody, and I feel strongly also, we don't want to see it stifled. We want to stop inflation, but we don't want to stop greatness.
- [17:21]
Steve Bannon
My goal now is to create an environment in which the best people can do their life's best work and to face every challenge in the spirit of common purpose and devotion to the national interest.
- [17:35]
Steve Cortez
In a word, to excellence.
- [17:38]
Steve Bannon
These duties are now mine, Mr. President, because of the trust you have placed in me. I accept them with gratitude and will strive every day to serve our fellow citizens well. And in final, I'll just say I'm
- [17:53]
Steve Cortez
going to look around and try to hold on to this special moment. But after we leave this stage, the real work begins.
- [18:01]
Steve Bannon
So let's begin that work.
- [18:02]
Steve Cortez
It's an honor.
- [18:03]
Steve Bannon
Thank you again, Mr. President.
- [18:07]
Susan Glasser
Who's briefing the president right now? Is it John Ratcliffe at the CIA? Is it Cash Patel at the FBI? Was it Tulsi Gabbard?
- [18:16]
Steve Bannon
Where is he getting his intelligence?
- [18:19]
Susan Glasser
Well, this is a very good and important question because actually, her role was not to speak out publicly. And in fact, I think one of the big questions whenever the Trump administration leaves office or there's meaningful oversight being conducted again by Congress will be to what extent has Gabbard participated in the. The sort of politicization of intelligence and the sort of destruction of key intelligence capabilities which Democrats believe has been going on in her tenure. So I think there are some real questions about whether, behind the scenes, she's done some significant damage to our intelligence capabilities. And that's going to remain an unanswered question for now, but to the point about how is the president of the United States receiving information? So, certainly what I have been told when I have asked so far in this Trump second term is that the CIA director, John Ratcliffe, former member of Congress from Texas, is much better regarded in the White House and is playing a more substantive role in the Trump administration than Gabbard was. She was essentially a politician who was chosen for political reasons, whose views were at odds with a large number of Trump's other advisers, not to mention, it now turns out, with the president himself. So I think we are probably seeing the CIA director play a more direct role. And again, this is a government that has been at war with the very idea that there is such a thing as a nonpartisan national security apparatus. They've looted, they've destroyed the National Security Council and the, you know, the interagency process, things that people here inside the Beltway talk about, Katie, but actually make a difference. So there's, I'm told there are very few staff positions filled anymore at the National Security Council at the White House. And remember, Marco Rubio is playing both roles that we don't actually have a full time national security adviser. We've had repeated senior officials in this government who basically treat our nonpartisan experts in government as though they are suspect members of a kind of a deep state state conspiring against Donald Trump. And so I think the role of intelligence and independent expertise has been devalued very significantly in this Trump presidency.
- [20:43]
Steve Cortez
Friday, 22 May, in the Herblore 2026 that Susan Glasser is getting all worked up there. Wow. The interagency process. She talked about her favorite fetish, the interagency process. President Trump just left or is in the process of leaving New York. 17 Michael Lawler, who has not always been a fan of President Trump, but hey, you're in the trenches. You got to hold that district. He's there one hour and a half, 90 minutes, much of it off the glass, as we say, not following the teleprompter that was vintage Trump and he didn't want to leave. He worked that stage for what, five minutes? President Trump, now we do understand. Kurt Mills joins me. Kurt, we're going to get, we're going to get to the Tulsi of it. But Lady Lindsay and the crowd are they're all worked up on Cuba now. Cuba Libre. They're all worked up on Cuba. And President Trump has changed his schedule. The public schedule is announced. He's not going to Bedminster, which he loves that up there in New Jersey, right outside New York City. He's not staying it in this. I think the law thing is first set up. President Trump's going to stay in Bedminster, as he often does when Mar A Lago shuts down the 1st of May. He goes up there. He loves the course. This was the course that was actually going to host the PGA Major championship before it was canceled when President Trump became president. That's how vicious that group was. And he's going back to Washington D.C. and they're implying there's going to be some national security meetings over the weekend. So as President Lincoln said One war at a time. We've just got an insulting reply to, you know, the Pakistani field Marshals heading to Tehran. You got all this. You know, the Arabs are doing this, the Pakistanis doing that, the Persians are doing something else. Kurt Mills, make it make sense to us. Where in the hell are we on this whole thing? And now that the great Tulsi Gabbard has been, let's be blunt, she got fired. I know her husband's horrible about his cancer. They're very close, they're very special people, and everybody feels for them and has prayers for him. But Tulsi Gabbard was on borrowed time. And this is Ratcliffe and the CIA and the Mossad. This is a hostile takeover of the dni. Kurt Mills.
- [23:08]
Steve Bannon
Yeah.
- [23:08]
Curt Mills
So, I mean, look, off the top neoconservatives will say what you will. They're able to multitask with American taxpayer dollars in the US Milit military. Never stop them. During George W. Bush's term, Dick Cheney was very frustrated that Bush, while fighting in Iran and Afghanistan, that he would not invade Syria and Iran. So this is nothing new from Graham. This is nothing new from career neoconservatives like the Secretary of State, Marco Rubio. So it's entirely possible this meeting is about Cuba. However, the Gabbard storyline, I can't escape notice. It's entirely possible her ouster resignation, I think is a sort of a farrago of different factors was potentially related that. That she was going to leave before a new round of Iran strikes occur.
- [24:02]
Steve Cortez
Yeah, I mean, correct me if I'm wrong and just let's look at the public record. She's been. Or what's been reported, it has not been refuted. She has been correct on everything she said about this is why I think so many people are backers of Tulsi. And not to get into this thing about Israel and all that, you know, I'm just saying, if you look at the facts, Tulsi Gabbard, I think, has done a hell of a job at dni. Her testimony, I think, has been great. And she presented the facts as they, you know, as they. As they were and has been bulletproof. I think when you look at the reality and you look at what we're dealing with now, tell me where Tulsi Gabbard's wrong. This in my head, Sam, you go ahead, go ahead, go ahead.
- [24:42]
Curt Mills
No, I mean, this is more politics than anything, but people forget. Remember August of 2024. That was the low point in Trump's, you know, final 100150 days, people thought Kamala Harris could actually win. And what happened in August 2024? Bobby Kennedy and Tulsi Gabbard endorsed him. They were critical. The sort of Maha wing and the anti war independent ex Democrats and anti war Republicans who liked Director Gabbard's kind of politics were absolutely essential in bringing Trump over the finish line. People like Lindsey Graham were not.
- [25:17]
Steve Cortez
But they will never, ever, ever in Washington D.C. you know, they'll never admit that this is all their victory. This is. The establishment will never admit what you just said as a fact. But even for her political. And look, I think she added a lot. Bobby Kennedy did. But that coalition that we had, however, I'm just going back to the facts. If we didn't have her, look, the CIA, I think Ratcliffe's done a job, terrible job, giving bad information, incredibly wrong just to lay out facts. Marco Rubio, who, let's be blunt, has been in the witness protection program ever since he went to the sticks at the State Department. He's National Security Advisor. When Marco went to the sticks, he said point blank. Steve Bannon didn't say this. Tucker Carlson didn't say this. Megan Kelly didn't say this. Marco Rubio at the sticks, and I think in the State Department lobby, he said, hey, the imminent threat was on Israel. They're going to be taxed. And we struck first. Boom, point blank, right?
- [26:13]
Curt Mills
Yeah.
- [26:13]
Steve Cortez
Since that time, he's been in the witness Protection program. When it comes to Iran, does he even know there's a war going on? He's spending all this time in Cuba. What's interesting, too, I want to draw an analogy, I want to draw an analogy here. When the Bay of Pigs goes talking to Sam Tenenhaus and we're going to have a special on here, hopefully next week. I was speaking at Sam Townhouse about the first five weeks or six weeks of Kennedy's administration, the Bay of Pigs, they lied. They told him the exact same thing. The exact same thing they told him about the Bay of Pigs. The president is how they brief President Trump. We know now, and it hasn't been refuted. If the White House would refute it, I wouldn't keep bringing it up. But the president was briefed, right. Consistently by the Central Intelligence Agency, that just like the Mossad and Netanyahu, that a strategic bombing campaign of 24 hours, 48 minutes and 72 hours would lead to a decapitation of the regime and a outpouring of hundreds of thousands of people, if not millions of the 92 million living in Iran into the streets and they would overthrow the mullahs and the ayatollah, just like they kicked us out in the shah back in 1979. That turned out to be just like in the Bay of Pigs. Bay of Pigs is that we're going to land these guys and the whole nation is going to get up in an uproar and overthrow Castro and Bob's your uncle. It didn't happen in the Bay of Pigs and they asked Kennedy for air support. It didn't happen in Iran. And President Trump kept putting forces in there. Now they, now they hit Hormuz, the 10 point program they came back with, which I thought was offensive to President Trump, what he stands for. Didn't even mention. This is the one they just got. Didn't even mention the nuclear program. So I think I, look, I think you're miles apart on this. So, Kurt, you know, why is Tulsi Gabbard, who has been the voice of reason in this entire program, And I think for those people who have supported Tulsi Gabbard, I think we're pretty proud of the job she did. Correct? Yeah.
- [28:14]
Curt Mills
I mean, look, I just think that she has been sidelined. And you know, you mentioned Rubio and you also mentioned in the other segment the interagency process. And I don't make a fetish for the interagency process. I think it's usually blob music to sort of smuggle in business as usual. However, if there is going to be an interagency process of any sort at the upper echelon of the government, it is actually the responsibility of the national security adviser. This is why the National Security Council exists, as you're well aware. As a former member of the Principals Committee and you know, Nehal Toosy at Politico, I wrote a very interesting piece, I believe, last month on, you know, why is it that the administration seemed unaware that the Strait of Hormuz may be a bargaining chip for the Iranians? Why is it that only one set of extreme Israel hawk proposals was set in front of the President? Now, I do believe that Rubio among the hawks wasn't an extreme hawk. I think he'd rather invade Cuba than Iran. That's plain enough. However, when you're Secretary of State and national security adviser, you're supposed to do stuff, especially if there's going to be a war of extreme consequences. And it does beg the question, why did the pieces of paper in front of the president's face present such a narrow range of options?
- [29:36]
Steve Cortez
We're Here right now, the president, this is why we want to cut back and forth and Cortez is going to join us about the Federal Reserve chair. The president reiterated what I said this morning point blank right there. We're going to grow our way out of us. The plan of Scott Besson and the president United States was to get a supply side tax cut the last chance we had and to use growth to get ahead of the inflation that Biden had given us and grow our way out of it. That's not going to happen right now. Just not. It's not going to happen now. Now we are wrapped around the axle. Four vessels have left Hormuz I think in the last 24 hours.
- [30:10]
Curt Mills
Additionally, the Iran war has.
- [30:13]
Steve Cortez
Go ahead, go ahead, sir.
- [30:14]
Curt Mills
No, it's, I mean it's spiking inflation and I mean in Warsh has this whole career before Trump under Obama as an extreme inflation hawk. And I know he probably doesn't want to be sued by the Justice Department and get under President Trump's ire. But you know, Walsh has way more of a pedigree as an inflation hawk than Powell ever did. And if he goes with what I think he actually believes, we actually may see rate hikes. It's in the Financial Times today that Wall street is pric in rate hikes by the end of the year, again as a direct result of an Iran war of choice that I think the president should have taken the off ramp on and should still take the off ramp on.
- [30:53]
Steve Cortez
Well, if this proposal that the Iranians have given us back through the Pakistanis, I mean those 10 points, half of them right off the top, are not acceptable. President Trump's not going to read them. Remember, President Trump has told us as of last week when they send the proposals, if the nuclear program's not in the top thing, he stops reading. He's told them, hey, this whole thing, my, his whole thing, he says to stop the nuclear program if their responses don't come back. The nuclear program, he says he doesn't read, he doesn't even go down the page and read the rest of it.
- [31:25]
Curt Mills
KURT Mills but they're never going to agree to a complete moratorium on a Richmond forever and ever and ever. They will agree to based on everything that I'm aware of, they will agree of on a moratorium for 10 years in excess. I mean, that is way, way, way better than the Obama Iran deal. At a certain point, the US Is not going to get the surrender offer that Mossad and the Israelis are saying they, they can do. They're presenting a false choice, which is unless Iran does dot the dot to dot to dot to dot, then we have to go to war. And even if the Iranians, which I don't think they will completely concede on the Iranian file, they'll create new criteria. We've already seen this. No one was talking about MCBMs as part of negotiations. These are middle range ballistic missiles. They'll move on to that. Yet, I mean, if the criterion is that Iran has to totally geld itself and get rid of its military, then they may as well just fight a war.
- [32:24]
Steve Cortez
I think Tulsi Gabbard did a terrific job. I think Tulsi Gabbard is a patriot and a hero. And now she's got a husband that's obviously very ill. But that's, that's not the reason she's leaving now is because the husbands, no doubt. But they had sidelined someone who had a lot to say and had been very important for the President to be able to hear it unfiltered. And now the CIA is a total and complete disaster. This should have been dismantled and it should. I said it back in 16 or 17. The deconstruction of the administrative state starts with the railhead of it is the Central Intelligence Agency number two, Cash. I love cash. He was a coast here. We're not taking apart the FBI at the same time. And people are going to rue the day that we didn't do it. Like right there. You saw Trump for an hour and a half. I keep telling everybody at the network and I said, you better appreciate this when he's gone, you're never going to see this again. All these stiffs out there running around, they're all stiffs. You're never going to see that again. And that's our armor piercing shell. But we're burning daylight and we got to get serious about this. And listen the list of people. And I love Devin Nunez. I love Stefanik, you know, I know him. They're great people. They're not going to go into dis. They're not the people going to dismantle things. They're just not. So we're between a rock and a hard place on this one. And particularly in a weekend where we're discussing a war that we're currently in and they're. And they're ginning up a new potential war to be in. It's a time to really get serious about this. Kurt Mills, you guys have done a great job on this. Where do people go, particularly on your Twitter? I know you're going to be pretty active over the weekend, if I can guess on that. Where do people go?
- [34:08]
Curt Mills
Yeah, so I'm at Curt Mills. C U R T M I L L S. The magazine is the American conservative, the AmericanConservative.com founded by Pat Buchanan and friends in 2002 against the Iraq war. We are trying to limit the damage of this Iran war and bring us back on course. Thank you.
- [34:27]
Steve Cortez
Thank you, brother. Appreciate you on Memorial Day weekend. Yeah. But I want to play the clip, can I play the clip about growth we just had from the Fed? Let me Cortez, I'm going to bring you up. I want to play a quick clip from today's acceptance day's speech when he
- [34:44]
Steve Bannon
got confirmed and the Federal Reserve has a new chairman and President Trump is making it pretty clear what he wants him to do. Kevin Warsh was just sworn in to lead the US Central bank, one of the most important independent financial institutions in the world. He takes over for the embattled term Limited former Chairman Jerome Powell. For years, Powell has been a punching bag for many of President Trump's personal economic grievances. Today, Trump hosted Warsh's inauguration at the White House, showing just how invested he is in the Fed's new leader.
- [35:17]
Donald Trump
Thankfully, unlike some of his predecessors, Kevin understands that when the economy is booming, it is, that's a good thing. We don't have to go crazy, just let it boom. We do have some debt we'd like to take care of. And the way you do that is through growth. We're going to grow our way out of it so fast. And Kevin somebody and I feel strongly also we don't want to see it's stifled. We want to stop inflation, but we don't want to stop greatness.
- [35:45]
Steve Cortez
Steve Cortez, the plan and the plan was working to the correlation of forces to be able, I mean the bet we made in this and Besson said this at the beginning with President Trump, we're going to get a supply side tax cut and we're going to grow our way. We're going to grow our way ahead of the inflation that Biden gave us. But that's not pre war President Trump and President Trump is hinting right there, hey, I don't want to, he's, he's still going to push for a rate cut, sir. You could tell that right there, right?
- [36:15]
Steve Bannon
Yeah, that can't happen in the bond market. Will not let it happen. By the way, if the Fed words is not going to happen. But if the Fed were to actually cut rates right now, I think what you'd actually find is the long end of the curve. 10 years and 30 years. Not only would rates not go down, they would go up because the bond market would say, wait a second, we've got a Fed chair who has no idea how much inflationary rates pressure is building. Now, Warsh is not going to do that. And Kurt Mills was exactly correct. He actually has pretty strong bonafitas, traditionally as an inflation fighter, even though I think he had to temper that to both get hired for the job and to get confirmed for the job. But listen, I don't envy him one bit because the handoff from Powell to Wash is absolutely miserable. So I hope Chairman Kevin is going to enjoy this holiday weekend, because let me tell you something, he better put a helmet on. He's got the most unenviable job I can imagine. I mean, this is like Billy Martin getting hired by Steinbrenner for the fifth time. You know, he's sure to be in trouble immediately. He can't possibly please the boss and please the fans. And in this case, he's between a rock and a hard place. Right? Because the inflationary pressure,
- [37:19]
Steve Cortez
even the. Even. Even the pressure. When you say handoff. Powell ain't going anywhere. He sits on the front on the open market committee. No, what Kevin Marsh is, is a general who just sent over to Saigon and say, you got to clean this thing up. We got to win this war. He's going over there into Saigon. He's surrounded by Viet Cong and North Vietnamese. People gotta understand, Powell ain't going anywhere. He's just taking the corner off. He's going down the hall. He sits on the open market committee, which we just had an 8 to 4 vote. Powell's gonna be all up in his grill. This is how they're gonna choke down the Trump economic revolution, sir.
- [37:58]
Steve Bannon
Yeah, for sure. And Powell, I think one reason among many that he is staying is not just because he's staying on the board of governors, but that he is a, literally a Washingtonian lifer. This is a guy who went to high school at Georgetown Prep. He is the epitome of the worst of the Washington swamp, because only in D.C. can somebody as mediocre and talentless as Jerome Powell become really wildly successful, have a. The kind of resume that you can almost put on a gravestone, and become very wealthy through connections in the private sector and then back to the public sector, failing the entire way. And by the way, let me prove that not with just Steve Cortez's words and my analysis, although I hope that's convincing, but with numbers and if we could show chart one, let me show you in chart form what I was talking about on your show last week. And this is the consecutive number of months under Jerome Powell that the Fed did not hit its inflation target one single time, 62 straight months, more than five straight years. And most of the time, by the way, not coming close to the state of his target, not mine, his stated 2% target appreciably above that level the entire time. Almost well the entire time above it. Most of the time, well above it. And, and by the way, even worse than that, even worse than missing your own marks, missing your own metrics, is constantly lying through your teeth. Because he had to know that he was covering for Joe Biden, covering for Janet Yellen, when in 21 and 22, he repeated constantly, ad nauseam, the grand lie that inflation was, quote, transitory, when everyone with a brain knew it was systemic and not transitory. Because we continued crisis level spending in the post Covid era, even though the COVID panic had thankfully passed. That was, that was well, well known. So he told a big lie to try to, because he's a partisan, a brazen partisan and a Washingtonian to try to protect his patrons effectively, Yellen and Biden. And that lie has consequences that are lasting to this day because it is so difficult still to fight the systemic embedded inflation that Donald Trump inherited. Now, we were making great progress before the war, but that progress is really in doubt right now because of the war. Now, can we wrap this thing up? I sure hope so. If we can, I think we can get back to a place of growing real wages and hopefully get back to a place where Republicans get into an electoral position that is much more advantageous than where we are right now. There is time. But you know, you always say, you know, we're burning daylight, there's time, but not much time. The clock is ticking, daylight is burning. And in terms of because the US Economy is so gigantic, I mean, you talk about turning the U.S. economy, you know, you're turning a gigantic supertanker. It doesn't move fast. It's not a cigarette boat. And to turn it properly, we really need to get going very, very quickly, meaning wrap this war up, get back to focusing on our economy here. And to me, Steve, the quickest, best route to getting real wages growing again, other than ending the war, is immigration enforcement, particularly making it difficult, if not impossible for legal workers to come to this country. Forget about the illegal for a Second, for legal workers to come, this country grow the wages of legal American citizens.
- [41:12]
Steve Cortez
I mean, right now, the business model is we're a highly leveraged bet on artificial intelligence productivity. And that means letting people go. Correct. I mean, Cortez, that's essentially what we're looking at now, right?
- [41:25]
Steve Bannon
Yes, because when you look at the stock market, right, and the stock market has done amazingly well, and, you know, it surprised a lot of people, confounded a lot of critics, frankly, especially during the war. But when you look at the stock market, it is increasingly concentrated in very few names, all of which are AI related. Right. So what we have right now in the United States is a country $40 trillion in debt that essentially is placing a massive wager on AI and on huge productivity leaps from AI, many of which are going to be disruptive, to say the least, to the labor markets. It's understandable, by the way, why the young kids, the young people, the young adults across America, booed AI every time it was mentioned in any college commencement exercise over the weekend. Because even really driven, smart young people with good, solid STEM degrees can't get a job right now. They're already feeling that they're on the front lines of this wave. And look, that bet. Is it possible it works? Okay, it's possible. We could thread that needle. I don't think it's likely. But the point is, it's not smart for our country. America is better than this. We shouldn't be making a levered, concentrated bet. In other words, we could succeed across the board. And the two best ways to do that, I believe, Steve, are controlling immigration. Right? I think moratorium on.
- [42:37]
Curt Mills
On.
- [42:37]
Steve Bannon
On even legal immigration. But controlling immigration, immigration, sensibility, law and order. That's the first way. The second way is full dominance, energy. That is the. That is the second way. Now, we can't get to that second part, though, unless we end the war. But if we do. Look, I'm still a believer that it's possible to recreate what we had in this country in 2019, which was the true golden era for workers in the United States. We were inching our way back there pre war. I think we can get back, especially if we had the guts to control immigration.
- [43:10]
Steve Cortez
Late summer, fall, the holiday season of 2019, that was a golden age. And President Trump had the plan going. Look, we got to get that. You said something very smart. I think people got to really think this through. Is that Kevin Warsh, who's a good man and a big supporter of the president, he's walking into a Buzzsaw. And he's walking into Saigon. You're going to see leaks like you've never seen in your life. They're going to try to bleed Wash out on every action he takes. That demon Powell is sitting in there with an 8, 4 vote we just had last week or two weeks ago. You're going to see more of that. You're going to see all these guys leaking. Kevin Warsh is one of the toughest jobs, just regular. But what he's walking into now, Steve, is unprecedented.
- [43:56]
Curt Mills
Sir.
- [43:57]
Steve Bannon
No, absolutely. Look, this is objectively, it's the worst handoff since the 1980s in terms of just where 10 year yield is. So objectively, it's a terrible handoff. But then over that, the subjective elements of this. Right, you're exactly correct. What's going on in Washington D.C. right now, how much the D.C. establishment is trying to undermine President Trump and undermine the America first agenda. Let me give you two examples. The first is what you're talking about Jerome Powell not leaving. Right. Kind of reminds me of another charlatan who didn't leave Washington D.C. that would be Barack Obama. Right. Who moved what blocks away from the White House to an opulent mansion in D.C. no president had done that since Woodrow Wilson. Another charlatan full century plus before. But. So that's one example of trying to undermine the establishment for fighting back the empire, effectively striking back. But then the other is, is looking at the Congress. Look at these senators right now. The ones who are either surely on their way out or likely in the case of Cornyn, on their way out. These guys are going to do everything they can. I'm talking Cassidy, Cornyn, Tillis, McConnell. They're going to do everything they possibly can as their swan song to undermine Trump at every juncture and to refuse to do anything sensible for the American people. And even food. Who calls claims to be Trump's ally won't do anything.
- [45:12]
Steve Cortez
No, no, forget that. Forget he's not ally. Gotta be removed institutionally. You've had an institutional revolt. The Senate is treating President Trump like a lame dog. They went home instead of even talking about Save America. And now the Federal Reserve, the central bank. The central bank is Saigon 1968. It's hostile territory. Okay. That we pretend is not. And you're gonna see something brutal. Cortez, thank you for joining us on the kickoff to the holiday weekend. Thank you, sir. Where do people go for Cortez Investigates? All your great videos, films, social media, all of it, sir.
- [45:43]
Steve Bannon
Yes, thank you. Cortez investigates.com it's all there. And as well as my social media at Cortez Steve on the Twitter X Cortez with an S at the end. Thank you so much Steve.
- [45:53]
Steve Cortez
Thank you brother. Have a great, great weekend. My Patriot Supply, the dominant leader in the industry of preparation has set up with us. Preparewithband.com you get your own landing page page for the Warren posse and all types of special deals. Preparewithband.com They've got a Memorial Day bundle, the Grid Doctor 333300 EMP. You got to see this. Go to the page. They throw in $1,000 of free gear. Go see what the offer is. My Patriot Supply we got Jake Seawolf is their spokesman. Did a great job the other day explaining this walking through preparewithbannon.com go check it out. And check it out today also of course obviously home title lock hometitlec.com Steve or hometitleock.com promo code Steve check it out. You get free two weeks, one million dollar triple lock protection. Don't let artificial intelligence and cyber steal your title and let someone else monetize your home. Short break. The American health care system is broken. And for most Americans, nothing changes. There's still delays, denials, high cost insurance roadblocks. So when I find people doing things differently, I talk about it all. Family pharmacy is not your typical big chain pharmacy. This is an independent family owned pharmacy that gives you access to over 400 medications delivered straight to your doors. They've got ivermectin, antibiotics, antivirals, nad, even your daily maintenance medications and so much more. If you already have a prescription, your doctor can send it directly. If you don't, their doctors handle it. As long as there is a medical necessity, they'll take care of you. And I'll tell you this, the feedback from people listening to the show and watching has been incredibly strong. People are using it, it's working for them and they're sticking with it. That's because it cuts out the delays, the middlemen and all the usual nonsense. This is about being ready before you need it. Go to allfamilypharmacy.com that's all one word. Allfamilypharmacy.com Bannon and use code Bannon10 to save 10%. The health care system is broken. Your pharmacy doesn't have to be. The dollar's convertibility into gold ended in 1971. Gold was fixed at $35 an ounce. Well, fast forward to today and the US dollar has lost over 85% of its purchasing Power Gold, on the other hand, is increased in value by over 12,000%. That's why Central banks are buying gold at record levels. That's why major firms like Vanguard and BlackRock hold significant positions in gold. And that's why I encourage you to consider diversifying your savings with physical gold from Birch Gold Group. But it starts with education. Birch Gold just announced their Learn and Earn Precious Metals event. This free online event rewards you for learning the basics of investing in precious metals. Sign up to get a free silver on your next purchase. Get even larger incentives as you go. The more you learn, the more you can earn. But you must act now as this special event only runs through April 30th. The dollar lost its anchor in 1971. You don't have to lose yours. Text my name, Bannon B A N N O n to the number 989898 to join Birch Gold's Learn and Earn Precious Metals event by April 30th. Text Bannon B A N N O N to 989898 and do it today. This year marks a critical moment for our country as the opposition grows more aggressive and more unapologetic. The fight now reaches into the everyday decisions we make. Patriot Mobile has standing has been standing on the front lines fighting for freedom fighting for more than 12 years. They just don't deliver top tier wireless service. They are activists like me and like you in the War Room posse who truly care about this republic and saving our country. Patriot Mobile Office prioritized premium access on all three major US networks, giving you the same or better coverage than the main carriers themselves. That means fast speeds and dependable nationwide coverage backed by 100% US based customer service. They also offer unlimited data plans, mobile hotspots, international roaming and more. With a simple seamless activation you can switch in minutes, keep your number, keep your phone or upgrade. And here's the difference. When you switch to Patriot Mobile, you'll be part of a powerful stream of giving that directly funds the Christian conservative movement. Take a stand today. Go to patriotmobile.com bannon or call 972 Patriot, that's 972-patriot and use promo code Bannon for a free month of service. Don't wait, do it today. That's patriotmobile.com Bannon or call 972 Patriot and join the team today.
- [51:23]
Steve Bannon
War Room here's your host, Stephen K.
- [51:26]
Steve Cortez
Band Tomorrow we got our kickoff of our Memorial Day specials. Patrick Hay o', Donnell, Cleo Pascal will be with me. Plus a very special group helping to find the remains of our warriors in the Pacific. We'll do all that tomorrow 10 to noon and then on Monday, 10am to 2pm we're going to cover the entire event, the commemoration on Memorial Day, President, United States Commander in Chief, all of it live from Arlington National Cemetery. And the pregame will be focus on what's going on on Capitol Hill, on the parade and all that. It's total Commemoration Day and Patrick K. O' Donnell will be riding shotgun with me on that day. It's going to be cold and rainy in a lot of the east, but a good time to curl up with the end of the Dollar Empire. It's totally free. The hardback is not, but you go to Birch, cold work it out with them. It's on back order so you're not going to get one for a while. However, you got eight free installments that we've done over the last six years to get you up to speed on everything. And you start thinking through the Persian Gulf full spectrum energy dominance and what does that mean for the economy and particularly what does it mean for the US dollar and what does that mean for you? Birchgold.com Bannon thank you. Mo/Bannon talk to Philip, Patrick and the team today. The end of the Dollar Empire. You get all advice from them. Trevor Comstock, what do you do? What is sacred? Human Health is working over the holiday weekend. What do you got for us?
- [52:50]
Trevor Comstock
Yeah, great to see you, Steve. So just a heads up, we are currently running our Memorial Day sale so you can use Code Memorial at checkout for 20 off any one time order if you did want to take advantage of it. And also, you know, our tallow moisturizer continues to be extremely popular. It was recently featured in Men's Health for the second time very recently. So super happy to see that. But for anyone that doesn't know, it's made with the 100% American grass fed and finished beef tallow and then the raw manuka honey from New Zealand. So with that there's nothing synthetic within it, nothing unnatural. And the towel is just really amazing because it is loaded with natural vitamins. So you'll get things like vitamin A, D, E as well as K which your skin does need to essentially stay healthy and radiant. And the tallow just goes on really nicely and it actually nourishes, nourishes your skin as opposed to just sitting on top of it, which is pretty amazing. But you know, the products intended for both men and women, something we get asked a lot about. But if you have things like dry skin, eczema irritation or just want to use it for daily hydration. It works really amazing in all those scenarios. And you can also use it anywhere in your body, whether it's your face, your hands, your neck, whatever it might be. So in short, if you do want to compare it to other moisturizers on the market, the issue with those is that they're usually filled with fragrances, alcohols and other cheap fillers that can actually damage your skin barrier over time. So it's why we created the moisturizer in the first place. And like I said, there's nothing said to synthetic within it. Each jar is handmade and we only use the essentially the most premium ingredients that we can get our hands on. So I encourage people to check that that product out.
- [54:23]
Steve Bannon
It's 20.
- [54:23]
Steve Cortez
It's 20. I wanted the 20% off this weekend. Where do they go right now to see because and just go check the reviews. Don't take it from Trevor Compsak, don't take it from Steve Bannon. Take it from your compadres where they go right now to get the 20% off and delve into all the products, all the information you have in particularly the reviews by War Room Posse and other members.
- [54:45]
Trevor Comstock
Yeah, you can go to sacredhumanhealth.com and like I mentioned, you can use Code Memorial at checkout for 20% off any one time order. And as always, just let us know if you have any questions.
- [54:56]
Steve Cortez
Trevor, good. Have a good holiday weekend to kick off a summer cold and chilly and rainy back but we need the rain. Need the rain. Thank you, brother.
- [55:04]
Trevor Comstock
Thank you.
- [55:05]
Steve Cortez
Mike Lindell. I've been reading. I've been spending the afternoon going through polling data for the governorship of Minnesota, the Republican primary. Oh my Lord, brother, you have represented. Tell us about it.
- [55:17]
Mike Lindell
Yeah, this one came out today. Everybody and this is like nine days before the GOP convention where they're all, everybody's trying to get the GOP endorsement, but I'm not going to abide by that. So they haven't let me go to the debates. The media in Minnesota has kept me
- [55:34]
Donald Trump
out of the news.
- [55:36]
Mike Lindell
And in spite of all that, here I am number one in the polls and with the president's endorsement, if I get that, then I'm up by 22. So there's only one pathway, I really believe of winning Minnesota and it's through me. I have a great plan to win. We got 26,000 yard signs. We're putting out the plan of doing rallies just and events in Every Senate district, just like the president did in the country, which I went to over 100, I think 130 of his rallies, helping him campaign. So we're doing the same format, Steve, but it's working, people. These were the actual polls from people in Minnesota, of all voters. So I'm not going to go. Just like when I ran for RNC chair. Everybody. The polls the night before I doubled. Harmony Dillon and Ronna McDaniel combined. And then the next day, I get four votes. So this time around, I'm not. I'm not going to do that. I want the people to vote in the primary, and that's where I'm leading all the polls. So it's a great day.
- [56:40]
Steve Cortez
We'll promulgate. These is impressive. You're winning by a couple of points without the. Without the. Without President Trump. And you're winning by 40, 30 or 40 points with President Trump. So hopefully that'll work out. I know you're not going to go to the. Take the convention because you don't want to lock your. I wanted to talk about the product. One last thing I want to say about Tulsi is that Michael and Dell spent all these years, everything, fighting this. They try to put his company in bankruptcy. Tulsi Gabbard had the Stones as DNI to go to Atlanta and say, hey, this is a national security problem. What's happened with these stone elections? This is the central national security problem. And she's the one that's put out all this information about the Chinese Communist Party. This woman has been a rock in this movement. She has stepped into the breach. As you know, Mike, they tried to destroy you, sending you to jail. FBI taking your phone, Bankrupt Mike Lindell. So Tulsi Gabbard, we owe her that. We owe her a lot. Mike Lindell, with all that behind us and now you've represented the polls from a third party. This is not an internal poll. This is a poll that's out there. Talk to me about deals. When deals collide leading into Memorial Day weekend, the posse wants a deal.
- [57:47]
Mike Lindell
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Donald Trump
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Mike Lindell
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- [59:10]
Steve Cortez
Yep. Mike Lindell. Thanks. I'll see you over the weekend. Ben Harnwell picks it up from here. Stick around. It's going to be amazing. I'm back at 10am Eastern Daylight Time tomorrow morning. And then on Monday, 10am if you're 65 or already on Medicare, listen up, folks, and grab a pen, maybe even a number two pencil. Call 845- War Room. That's 845- War Room. Call it right now. I'm serious. Call it now. Here's why. The insurance companies and their lackeys in the Washington swamp have built a Medicare system designed to confuse you and rip you off. Rising premiums, denied claims, fine print. Nobody but a lobbyist understands. Millions of American seniors are paying too much and getting too little. And worst of all, most don't even know it. Hey, that could be you. That's why if you're already on Medicare or will be soon, you need to talk to our friends at chapter. They have a team of advisors trained to serve American seniors, not the insurance companies. In under 20 minutes, they can find you the best plan for your needs at the lowest cost. Why? They're a data company. They have all the data on every plan. It's totally free. There's no pressure, no bs just straightforward, honest help from fellow patriots. So don't wait. Call 845 War Room right now. That's 845 War Room. Tell them Bannon sent you. Now, listen, in the first couple of days of the launch of this company with the Warren Posse, posse members saved tens and up to hundreds of thousands collectively of dollars in these fees. Go check it out today. That's chapter call 845war room. Do it today.