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This is an iHeart podcast. Guaranteed Human hey, Ryan Reynolds here wishing you a very happy half off holiday because right now Mint Mobile is offering you the gift of 50% off unlimited. To be clear, that's half price, not half the service. Mint is still premium unlimited wireless for a great price. So that means a half day. Yeah, give it a try@mintmobile.com switch upfront payment of $45 for 3 month plan equivalent to $15 per month required new customer offer for first 3 months only. Speed slow after 30 gigabytes of networks busy taxes and fees extra cmintmobile.com forget whatever plans you have this weekend because you're staying at home and playing on spinquest and there's never been a better time to sign up than right now. New users get $30 coin packs for just $10, all the table games you love with hundreds of slot games and real cash Prizes. That's at spinquest.com S P I N Q U E-T.com Spin Spinquest is a free to play social casino void where prohibited. 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People are already shopping for their loved ones and hunting for deals wherever they can find them, including right here. They're listening to the radio. They're listening to podcasts. They could be listening to you. Don't wait for everyone else to kick off the holidays. Get your best season of the year up and running today. Call 844-844-IHeart or visit iheartadvertising.com and as a total contribution, that's big stuff. I don't care who you are. That's big. Come here, give me a hand. Let me have a little of that luck rub off. That's fantastic. Susan. These gifts will be available to the first 25 million children aged 10 and under. The sign the zip codes where their median income is $150,000 or less. So they're giving them to children that won't be born particularly rich and they're going to be hopefully very rich someday. This will give millions of dollars, millions of children, middle class families, a stake in American prosperity, a benefit from the rising stock market and a better shot at the American dream. It really gives them a shot at the American dream. Michael and Susan, I want to thank you for this extraordinary act of kindness and patriotism and charity. This is truly one of the most generous acts in the history of our country. I mean, you just don't, you don't hear about things like that. And we got to let people know he doesn't want and she doesn't care about that, but I do. I think when somebody does that, you got to let them know about it. As I mentioned, this gift is being made possible by the largest tax cuts in American history, which our Republican majorities passed earlier this year. And the speaker worked so hard and John Thune and Jason and all of them, every one of them, Ted, Ted Cruz is with us. He worked so hard getting that done. That was the biggest, most consequential bill they say ever passed. And you know, if they remember, Michael, we were, they thought we had to put that in 12 to 14 bills. I said, I don't know if we can hold it that long with the Democrats. And we said, let's try doing it once. And we did and people were surprised, but we got it done. So I congratulate you guys. Amazing job. Under that bill, the federal government will also automatically be making a one time seed contribution of $1,000 into the tax deferred Trump accounts for every newborn US citizen, fulfilling a promise I made in the 2024 campaign. Trump account should grow to be worth many thousands of dollars by the time the child is 18 and even more by the time they are 20 or even 30 years old. We think it's going to be something really unique and really special. We hope many others will follow Michael and Susan's example and make their own contributions. I'll be doing it too, to the next generation, including businesses, churches, philanthropists, family members and parents themselves. I think we're going to have a lot of people, Susan, I Think a lot of people are going to contribute. A lot of people are watching us right now. They might not be 6, $6 billion plus, but they'll be a lot. There aren't too many people that are in the 6 billion range, but there'll be a lot. A lot of friends of mine have already told me they're going to contribute a lot of money, and a lot of them are going to leave a lot of money in their wills. So that's very important. And as you watch us today, I hope you'll be doing that. Contributions to Trump accounts will also be a great benefit for employers to offer their workers, which they'll be able to do tax free. It's tax free. We expect hundreds of major companies to announce plans to contribute to these accounts in the coming months, and we've had tremendous interest in that regard. So the Trump accounts will be available starting on July 4th next year. And Michael and Susan, to you again, it's an amazing act of just incredible everything. I mean, the life you've led, to be able to do this, even to be able to even a lot of people have a good heart, but they can't give $6,250,000,000. And Michael, probably knowing you, it's not the last of it either. It's not the last. But on behalf of the United States of America, I want to thank you both, and I want to thank all three, but I want to thank you both because you've been friends of mine, and it's a spectacular couple. This is really an amazing. An amazing people. These are unique. And I'd like to have you come up and say a couple of words and tell us what you have in mind, because what you have in mind is good. Thank you very much. Thank you. Thank you, sir. Thank you, Mr. President. It's a great honor to be with you here in the White House. And, you know, when you pass the Invest America act on July 4th of this year, we were really inspired to see that happen. And this is something that Brad had first mentioned to us in 2021. We thought it was a great idea then, and it's amazing that it happened. And we also saw that this act would become a platform. And we believe the smartest investment that we can make is an investment in children. And this act has created a platform for families and friends and communities and companies and philanthropists to contribute to these accounts to create a savings and opportunity and hope and prosperity for tens of millions of children in this country. And Susan and I are super excited to announce our $6.25 billion gift to 25 million American children 10 and under. And our gift will cover most of the children that are 10 and under that are not part of the federal program, the 0 to 2 year olds and who also live in zip codes where the median income is is $150,000 or less. And I have spoken with a number of other wealthy Americans, philanthropists, and we are confident that others will join us because we all understand the incredible impact that a gift like this can have on the lives of young Americans. So again, it's a great honor for us to be here to be able to announce this. When I was eight years old, I got a passbook savings account and I had, I think about $8 in it. And you go to the savings loan and you give them a quarter and they'd stamp your account. And I got to see the power of compound interest early in my life. And that has brought me here to this moment and hopefully will inspire that kind of opportunity for many more young people in this country. So again, thank you for the privilege of being here. Thank you, Michael. Thank you, Susan. So beautiful. Thank you very much. Susan, would you like to say something? I'd just like to say how excited we are to be a part of this. We believe that when children have a future that they can see is worth saving for, then that will help build hope and opportunity and prosperity for generations to come. So we're so excited to be doing this and hope to have many people join in our efforts. Thank you so much. Thank you, Susan. So beautiful. Well, first, it's an incredible honor to be here. And we wouldn't be here without the passage of the Invest America Act. And everybody up here today played a role in getting that done. The Speaker, Ted Cruz, in drafting the legislation. So that when the president placed the call to the speaker and said, let's make this happen in the big beautiful bill, Congress was ready to act. They had the legislation drafted. But I couldn't be more grateful for the friendship and the partnership of the Dells that really show the best of America today is giving Tuesday. Right. And the fact of the matter is, for decades we've talked about the wealth gap. We've talked about too many people left out and left behind. This president was elected on a Main street agenda to get the rest of America into the game. And that's exactly what this does. It gets every American child 3.7 million children born every year will now start life off with an investment account seeded with $1,000. And then you're going to have great philanthropists, great Americans like Michael and Susan who are going to add money to those accounts. We're going to be. We're overwhelmed with the number of companies that want to contribute to these accounts already. Companies from Uber to Nvidia, T Mobile to Charter Communications, Dell, et cetera. The list goes on. And every day more companies are calling us, raising their hands and saying, we want to be part of this. It's like a 401k from birth. And it's a benefit for the kids of our employees. Right. Major philanthropists. But I think what this is going to unlock is the power of families, moms and dads, Venmoing and Apple paying and five bucks, ten bucks right in getting these kids into the game. When we had the roundtable at the White House earlier this year, Dara Khashrowshahi, the CEO of Uber, said, you know, after fleeing Iran at the age of nine with nothing, he came to America because it was the land of hope. And he said what the Invest America act does is it bottles up hope for every child in America. Whether you're in rural Mississippi or rural Indiana, where I came from, inner city Trenton or Compton, you're now in the game. That act alone, I think reinvigorates the American dream. It reinvigorates the idea of free market capitalism. Too many people are losing faith in you, sir, by passing the Invest America act and getting all these kids into the game. This is a transformational act in this country forevermore. Every child starts off life in the game with a piece of the American dream, compounding in the upside of America. So thank you for having us here, Secretary. First, I defer to the brains. Good afternoon, everyone. And I think this is a major change in philanthropy and for American working families, it is the merging of President Trump's agenda of parallel prosperity, Main street meets Wall Street. For the next five years, every child born in the US Will get a thousand dollar Trump account that will be with them and compound for the next 18 years. Treasury Department with other branches of government is going to do financial literacy and we are going to make sure that all American families have a stake in the success of the United States of America. So every day when the stock market goes up or down, and we believe over the 18 years it will go up and families will learn the power of compounding, that it will be a game changer. People who have a stake in the system and become more and more vested in the system, they do not want to bring down the system. They want to make it better. So I think we will look back on today and know that these Trump accounts, they have started a new age of the capitalism and market interest for the whole country. I also think that it is a game changer, as we're seeing with Michael and Susan Bell today, that Americans are the most generous people in the history of the world. And the Trump accounts will provide a vehicle for philanthropists such as Michael and Susan and many more to contribute. And at treasury, we are working. So Michael and Susan want to do it for children or in the past 10 years, a certain income level. As Brad said, it can be tailored. It can be to employees. It could be a philanthropist could adopt a state. They can adopt a school. They can adopt a zip code, they can adopt a street. We will constantly see these accounts the topped up. For those of you on the treasury, we'll be running this on the operational side. For those of you who would like to, you can go to TrumpAccounts.gov today and see the homepage that has a basic outline. These will become operational on July 5th of this year and we will have families start signing up for them. So and that homepage will answer all the questions on eligibility and investments. And then finally today we're here on Giving Tuesday. Michael and Susan have led the way. But I think that there's a chance that every Tuesday can become Giving Tuesday as more and more philanthropists see the power of this, of giving to American families, giving to American children and giving everyone a stake in our great economy. So thank you very much. I'll be brief. There's a lot of symbolism here today, right here on the eve of the 250th anniversary of the greatest nation in the history of the world. We are the greatest nation by any objective measure. We're the most free, most powerful, most successful and most benevolent nation that's ever been. And I think what you're seeing here is, is another exhibit of that. This idea, this vision came about because Brad and a couple of smart guys came up with this idea and then took a few years to sell the idea to everybody. And then these visionary legislators over here, Senator Ted Cruz and Blake Moore in the House and Jason Smith, the Ways and Meats chair, really caught the vision and we put it into the big beautiful bill, the working families tax cut, we've been saying all along that was drafted to really help lower and middle class earners in America. And this is one of the great features, one of the perils of having the big beautiful bill and having it all in there together. The president and I have talked about many times is that there's so many great things in that legislation. We don't have enough time to talk about all of it. So we need a moment to really focus on this. Giving Tuesday is an appropriate, a perfect time to do it. And it's absolutely perfect. I think that July 5th becomes the operational date right after the nation's birthday. So what we're going to see here is a model that I don't think anyone has done anywhere in the world. They wouldn't have the capability to do it. They wouldn't have philanthropists and great Americans with big hearts like this who've earned their way and really fulfill the American dream. And they have a vision and a desire for more and more people to do that. And so now more and more Americans will. It kind of evens the playing field in a way. Right. And everybody has an opportunity. So we're just excited to be a part of it. Grateful to the vision. Grateful to a president who leads from the front, who understands the potential of something like this. And this will be one of the many marquee achievements of the Trump administration. This will be one that people remember for a long, long time. And I think it can change the country. So thanks, Mr. President. Thanks, Brad, all of you for being a part. Thank you to the Dells. Really amazing. Thank you. Sure. Thank you. Ted, please. Well, I want to congratulate all the men and women up here. And Mr. President, I think objectively on the merits, the case can be made that there has never been a president who's had a greater positive impact on the children of America than you have. And in particular in this one big beautiful bill. I think the two most long lasting and far reaching provisions are, number one, the school choice provision that you signed into law that is going to unleash tens of billions of dollars to scholarships to low income kids all over the country and is going to change the lives of millions of kids. And the second provision is this provision right here, the Trump accounts. These Trump accounts. Starting on July 4th, every child in America will have a personal investment account opened for them. Newborn children will have it seeded with $1,000. Parents and family and employers can contribute up to 5,000 a year in a tax advantaged account. That money will be invested in the S&P 500 in the stock market. Broad based equity index account. Two massive benefits that change this country. Number one, every child in America will experience the benefits of compound growth. Take a little girl born next year. She's born next year. She has the account opened for her, $1,000 is automatically ceded her parents, her family or an employer puts 5,000 a year, each year into that account. If you assume the historic rate of growth of the s and P500, which is 7% a year, by the time that little girl is 18, she will have $170,000 in that account. And if she keeps saving, by the time that little girl is 35, she will have $700,000 in that account. That is game changing. And we're not talking the children of Michael and Susan Dell, the children of Donald Trump, the children of people of great success. We're talking the kids of a single mom waiting tables, who could have $700,000 saved by the time she's 35 to get an education, to start a business, to buy a house that changes their whole lives. But the second benefit, and what I'm really excited about, is we are creating a new generation of capitalists. Every child in America is going to be an owner of the biggest employers in this country. We've all seen the sad statistics of how many kids are losing faith in capitalism. Well, ten years from now, a little boy is going to pull out his phone and he's going to look at his app and he's going to see his Trump account. And instead of thinking of big, bad, scary corporations, that little boy is going to say, I own 50 bucks of Apple, I own 100 bucks of Dell. I own 75 bucks of McDonald's. And every child is an owner of the biggest employers. And in this country, that will transform this country. Mr. President, thank you for signing it. Let me say, Brad, this would not be a law if Brad Gerstner did not pursue it with absolute, dogged determination. Relentless. I've gotten calls and texts from Brad at 6:00am and at 2:00am you may sleep less than the president, Brad. And that is a remarkable thing because I don't think he sleeps at all. And finally, I'll just say to Michael and Susan, incredible Texans. Six and a quarter billion dollars is extraordinarily generous. Let me say on behalf of 25 million kids who just got a gift from Michael and Susan, and it's not a gift of a video game, it's not a gift of a bicycle. It's an investment in their future that changes their lives. And I hope and believe Michael and Susan are going to inspire millions across the country to do the same thing. When Congress passed section 401k of the ERISA, I don't know that anyone realized how much it would change retirement Plans. There's now trillions of dollars in 401k plans. They're going to be trillions of dollars in these. These are 401ks for kids. And, Mr. President, these Trump accounts exist because you signed them. Thank you for your leadership. It's an honor to work with you. Thank you very much. Jason, if you would just say a couple of words. And, Brent, come on up for a second. Perfect. Thank you. First, I would just want to thank Michael and Susan for the kind gift. What you all have done will be transformational for 25 million million kids. And a lot of people we can thank for the provisions in this big, beautiful bill. But there is no one to think greater than President Donald Trump. And I'll tell you this, out of every executive I've ever worked with, there's no one that's been more engaging, no one that has been more involved. And the only reason why these investment accounts are in the big, beautiful bill is because he helped convince other members of Congress that this is a good idea. This has been something that has been discussed for a long time, but no one could ever get it passed. But who helped get it passed was Donald Trump. I can tell you that from day one, throughout the process. And so that's going to affect millions, millions of kids in their futures. Thank you. I was not planning or prepared to speak today, but the gravity of the situation is not lost on me. I have four boys of my own 13 and under, and on the heels of a $6 billion announcement, I hope that that doesn't go without some major headlines, that I will be making an announcement on my own that I will be contributing $60 to each one of my children's accounts today. Actually, to try to bring some levity to that, every parent, every grand grandpa and grandma can now look and say, I can get my grandkid this little toy or something. And maybe that's going to continue to happen. But there is a new option and another way for them to be able to invest and have a lasting legacy. As a dad of four kids, seeing kids in our neighborhood to have that opportunity is something that not every day in Congress, as I've joked with my colleagues, is the most productive day in my career. But to be able to be a part of something like this makes everything worthwhile. I'm away from my kids a ton in this job, and being able to be a part of something like this, a small part that I played, is something that is transformational. And I'll be able to look back on this and be so grateful for this opportunity that I've had to be able to serve in Congress. Thank you so much. I appreciate the chance to be here. Thank you very much. Thank you. Would anybody have a question? Michael, Susan, Brad, please. One for you two. Did either of you say you're donating? How much? First question, Mr. President. Is there an educational value to this in terms of not just the money in the account? What can kids learn in this? Well, I think they can learn a little bit about the free enterprise system, about. They can really learn a lot about how life works, how business works. They want to go out and make a living for themselves. Because maybe it's going to be a lot more than we think, or maybe it's not going to be quite as much as we think, depending on what happens with the world and the market, we'll try and do very well in that regard, too. But there's a lot of learning to be done, and I think this is a big step forward. And your reaction? Did either of you say you're donating? How much? We already said $6.25 billion. No, I mean, with the reaction between the two of you, someone came up with the idea. Oh, oh, sure. Oh, well. So we kind of started with a smaller amount, to be honest, and we started talking about Texas only at the beginning. Adopting the state of Texas. Right, right. And then. And we thought about it some more and we thought about. Pretty excited about the idea. Yep. And we went back and forth, as we do on these things, and we got more excited. This is where we ended up. But a lot of discussion and consideration over a long period of time. I mean, we believe, we feel great about it. The greatest investment that we could possibly make is in children. And we've been investing in children for over 26 years with our foundation. Yeah. And, you know, there are 30 states already that that require at least one semester of financial literacy, and hopefully all 50 states will do that. And, you know, as children begin to understand that they have these accounts, that creates a real need for our schools, our parents, our community organizations to really begin to grow financial literacy in the country, which can only be a good thing. It's really an amazing moment that two people would do that kind of a contribution. I mean, it's just an amazing moment. And it shows you this tremendous heart and great entrepreneurs. He's a great entrepreneur. They're both great entrepreneurs. Because he probably wouldn't have done it without you, to be honest. That's the way it often works. And I know this relationship so well. There could be a lot of truth to that, but it shows you that there's a big heart in some pretty tough people. He's a tough cookie, but he's got a very, very warm spot. And what you've done, I don't think it's going to be talked about for a long time. Won't be forgotten. Thank you, sir. May I ask a good question? Thank you, sir. My question is about the logistics or the administration of the program. You obviously want to help poorer children. How will you help families perhaps who don't have access to computers or Internet at home to make this program a reality? And please speak in the microphone, if you don't mind. Well, first, treasury, as the Secretary talked about, is going to be administering the program. And we should just say that Luke Pettit, the Assistant Treasury Secretary, has just done an extraordinary job with the Secretary in what I think will be the biggest consumer launch in the history of government. 60 million accounts are going to get created next year. And these accounts, these accounts are going to be, you know, promulgated. All parents are going to have to do is to claim the account. So if they have access to an Android phone or a public library to go to a computer and gain access, they can claim that account. And whether they claim it or not, the account is going to continue to compound. So they don't have a deadline by which they have to claim the account. There's time, right? And there's going to be a lot of resources. Think about this. Kids in school, we're going to have schools engaged, helping to tell them that they need to claim their accounts, to educate them, et cetera. We're going to run a big public campaign around this. So we're just getting started. Today is day one. This is an extraordinary contribution, but it's the beginning of a drumbeat you're going to hear for the next six months leading up to the 250th anniversary of the country. I don't think there's anybody in the country who won't have heard, heard about this by the time we get to July 4th of next year. And we're going to make sure, listen, we know that wealthy families have access to 529 accounts, right? This is an opportunity. And the instruction was how do we get the 50 million other families into the game? This is the first time we've done that because we're auto creating these accounts for every child at birth. And so we're going to be very focused on making sure that every family entitled to get one of these accounts is able to claim it and get it. Daniel, do you have a question? Yes, sir. These programs seem to create an opportunity for parents to create unprecedented financial security for their children. Sir, do you believe that these accounts will be a big part of your legacy when everything goes down? We've heard talks about you make legacy as a peacemaker, but this is a really good. Yeah, I appreciate that. I do think so. And I think it's a big part of everybody up here today. This was a group that was very instrumental and in particular, obviously, Michael and Susan. It's a big part of their legacy. You know, they've got a big legacy anyway, but this is maybe going to be as important or more important than anything they've done thus far. It's, you know, looking back in 100 years from now, I think you're going to see some things that are going to. They'll be talking about this very day. So thank you for that question. Yes, please. Thank you. Mr. President, these accounts were originally discussed as a way to incentivize people to have more children. Are there any other policy proposals you're looking at like this to encourage the birth rate to increase? Well, we are looking at programs. We're looking at. There's a certain Australian plan that people are liking and they're talking about. You know what I mean? There's a plan where. Not for children, necessarily, but it's for people, working people. And we are looking at other things different from this. I think this is very unique, but different from this, but very important. Yeah. You mean the Australian retirement savings part? Say it. You mean the Australian retirement savings. That's what they're talking about? Yep. We're looking at it very seriously. It's a good plan. It's worked out very well. Yeah. Please, Mr. President, can you talk about what tax benefits these accounts come with? The information sheet that we just received said that when a child turns 18, they'll be treated like traditional IRAs and subject to a 10% withdrawal tax. Can you speak to when children access these funds? They can access them when they're 18 or they can convert them to an IRA at that time. During the the 18 years, parents or employers can donate with a tax deduction up to $5,000 into each account. And then philanthropists like Michael and Susan can add an unlimited amount to the accounts. So $5,000 from employees or families and then gifts from foundations and philanthropists can be. Mr. President, you said that you have been talking to your wealthy friends as well as you, Mr. Dell, about contributing can you walk us through maybe who you've been talking to and how much more we can expect on top of your. I think the people you probably would think I would be talking to, I have. There's a group of people out there that have been very successful, and we've already started talking to them. You know, we're doing ballrooms, we're doing ARCs, we're doing. We have a thing that's being planned that's going to be a great tribute to the country, as you know. You probably heard about it. The arc that we're looking at by the bridge, by near Arlington, there's going to be something. We're doing some other things for Washington itself and for the country itself. But a lot of the people that have, you know, gone in and done a real job with that, the ballroom. I think Michael and Susan, the next time we meet. Well, I think we'll. Hopefully we'll meet before then, but we're going to have a big event over in the ballroom to celebrate this. We're building a ballroom that they've wanted at this beautiful White House for 150 years. They've wanted it so badly. Right now we can hold 109 people, if you're lucky, in a room. It's a beautiful room, but it's 109 people. And we're building something. You see the trucks in the back, you see the clanging, the banging. And when it's completed, it'll be one of the greatest ballrooms anywhere in the world. It's going to be amazing. So people that were involved in that process, I have a lot of friends with a lot of success, and every one of them, I would be shocked if anyone turns us down. We're going to have a lot of big contributors. Jeff, on a separate topic, if I may, sir, you had a call with Brazil's President Lula today. Can you tell us what you discussed? Yeah, we had a great talk. We talked about trade. We talked about sanctions because, as you know, I sanctioned them having to do with certain. Certain things that took place. But we had a very good talk. He's. I like him. Very good. We had some good meetings, as you know. But we had a very good talk today. Yes, I did. You also pardoned the former president of Honduras, and he was released from prison yesterday. Well, he was the president, and they had some drugs being sold in their country, and because he was the president, they went after him. That was a Biden horrible witch hunt, which was, you know, a lot of people in Honduras asked me to do that. And I did it. I feel very good about it. If you have some drug dealers in your country and you're the president, you don't necessarily put the president in jail for 45 years. That was a Biden inspired witch hunt. Did his letter impact your decision on that, sir? From Mr. Stone. Thank you so much, Mr. President. Your decisions, decisions to Syria renew many hopes for the Syrian people. And now the minorities in Syria, like Kurds, Christians and Jews, they want help us, help them have some sort of autonomy and their rights being protected in Syria. We're going to give them help. And I think Syria has come a long way. The new leader of Syria was here, as you know, three weeks ago and he was, he was really into making that country, bringing the country and not an easy job, not an easy job. It's, you know, centuries of problems. But I think he's going to do a good job. I mean, I have a lot of confidence in him. Yeah, please, Mr. President, in the broader context of the economy with these childhood investments, we just saw the biggest Black Friday in history, up 4.1% from last year. $26 billion. Hasn't told me about that. We also saw that Figma spent a trillion dollars on Christmas this year. Trillion, yeah. Increasing 4.1%. 25 states, gas is below $3, a handful of below 250 and getting better. Energy policy matters. I like this guy who you with real American's voice. That's what I heard. That's what I very much keep talking. So the economy is better for the children, right? Pretty good spot right there. Well, I do and I appreciate it. No, we have an amazing thing. We have over almost $20 trillion of investment coming in. I don't even know if you know that. $20 trillion, that's a lot by any standards, right? But Biden as an example, I say this, his administration over a four year period had much less than a trillion. And we have, we're up to 18, I guess right now, Scott, about 18 trillion in 10 months. And there's never been a country, China, no country has ever done anything even close to that. Even if you figure 20% of that. No country has done 20%. And it's because of tariffs and because every, and I think because of November 5th, the election, the election day. But we have now under construction. I guarantee you're expanding a lot of your different places, right, Fidel? But we have places like that. We have car companies, we have AI coming in at levels nobody's ever seen anything like it. It's amazing. And this, all of these places, hundreds and hundreds of plants, thousands. They're going to be opening and they're going to be producing a lot of success, a lot of jobs. And I say it all the time. The king of Saudi Arabia said to me a year ago, he said, one year ago your country was dead and now you've got the hottest country anywhere in the world. And that's what we have. And it's one of the reasons Michael is able to do this. It's one of the reasons I'm able to be here and, you know, haven't really run a very successful campaign. We won all seven swing states. We won the popular vote by millions. We won the districts. I'll tell you, the district vote is the most impressive, 2,750 compared to 550. That's some difference. And we just had a, you know, we just had a tremendous election and a tremendous vote of confidence. And thank you very much for that question. Thank you, Mr. President. Mr. President, if enough on immigration, sir, won't exchange subsidies, will you make a deal with Democrats? Thank you, press. Mr. President. Thank you, Press. Well, you just saw President Trump make an announcement from the Roosevelt Room at the White house regarding a $6 billion investment in Trump, Trump accounts. We'll certainly keep you updated on that story as we learn more. Big announcement from the Roosevelt Room. Meanwhile, Venezuela's President Nicolas Maduro is facing limited options after a phone call with President Trump on November 21, where Trump declined a series of requests from the Venezuelan leader. According to four sources briefed on the call, Maduro told Trump he was willing to step down and leave the country if the United States guaranteed full legal amnesty for himself, his family, and more than 100 Venezuelan officials currently under US sanctions. Those officials have been sanctioned for allegations ranging from human rights abuses to corruption and drug trafficking. Maduro also sought the end of an International Criminal Court case in which he is a central figure. The Trump administration rejected those conditions. Now, the call took place after months of increased US Pressure, including strikes on alleged drug smuggling boats in the Caribbean and the designation of the Cartel de los Solis, which U.S. officials say includes Maduro, as a foreign terrorist organization. Maduro has denied all these charges and is accusing the United States of seeking regime change. Joining me to discuss this is retired army colonel and former special assistant to President Trump Colonel Derek Harvey. Colonel, it's great to have you with us today. Now, the main problem here is the manufacturing of drugs that are coming from Venezuela that enter our country and and endanger all American lives. Do you agree with the course of action that the president has proposed thus far? Okay, I think we've got some audio issues with the colonel. David, let's go to you then. David, you are in the Pentagon. I know that you've been present for some press briefings there today. Let's, let's go to the subject of Venezuela that I was addressing with the colonel and hopefully we'll have him back in a moment. We're going to what have you heard about Venezuela and this particular delicate situation from the Pentagon in those press briefings today. Begun there? And this won't be the last of the boat strikes over there. And Secretary Press Secretary Kingsley Wilson addressed it as well that these are legal strikes and they're going to continue, continue to do so. She covered a number of topics here today, especially about the national guardsmen here. Bo, if I could just address that, you know, 2200 serving in D.C. right now, 500 more coming. And I got to ask her the question about how many of the National Guardsmen will be armed going forward and are there any more cities on the agenda? And under Title 10, under the Presidents of the authority and also under Title 32, which the governors of each state have the right to request National Guard. And she was very clear and resolute about protecting our National Guard troops in the streets of America here. But it did focus on Venezuela as well and about the boat strikes and the legality of them. A lot of questions here, you know, a new team here, new media week here at the Pentagon, and questions were asked about our involvement also in Somalia and other places here. So a very productive day here. And, you know, we're going to meet and gaggle with Pete Hegseth tomorrow morning at 9:45. So I'll get to ask him some questions there, hopefully about Venezuela. And then we have media row here tomorrow from 2pm to 3:30 where 18 Pentagon officials will come by and we'll get to interview many of them on camera tomorrow. So we'll have a lot of information for you and the audience at Real America's Voice. Yeah. And David, I think it's so important to note that Real America's Voice does have a presence there at the Pentagon. I think this is incredible access that we have. It's amazing that we have you there. We have Steve Gruber, of course, I'm filling in for today because he's with the president. And so I'd like to turn the conversation back to you, Colonel Harvey, and hopefully we have your audio cleared up now, specifically regarding Venezuela, that David Zier just arrived, referenced. Do you agree with this course of action the president has taken thus far, and is it effective? I think it's effective. It's a measured approach. It's a diplomatic strategy as well as economic law enforcement, but also military pressure. The force demonstration is what we would call it in the Pentagon and continuing to ratchet up with US Naval forces off the coast. Pressure suggesting that there may be air operations or land operations. You know, if there are going to be those, they would be precise because this president does not want to get engaged in a land war. But the key point here is it's a major continuous pressure campaign to cause this regime to rethink its place. And Maduro asking for 18 months leeway in order to facilitate his departure is a no go. The president wants the movement in the very near term. And the fact that they're talking about that and it's shaking up the inner circle in Venezuela is a key component. I think the president is succeeding. And Colonel, I got to ask you this. You know, President Trump has given Maduro an ultimatum and one which he ultimately has rejected. And now it's been reported that Maduro's phone calls are not getting answered at the White House. What do you make of this and what positioning does this place Donald Trump in in terms of what cards he may hold in moving forward? And what ultimately happens, do you think? Well, clearly the president and the administration, you know, have the dominant position here. You know, they can shape the environment. They've got a lot more tools. They're trying to isolate Maduro. There are strategic objectives here besides Maduro. There's interest in economic and trade relationships. It's interest in limiting what Maduro has been doing and destabilizing neighbors and threatening neighbors. It's going after just not just the drug trade, but the facilitation of what I would call terrorist or, you know, destabilizing forces in the neighborhood. So, you know, there are a number of strategic objectives as well as localized objectives. And the president has time on his side. He knows sometimes this takes quite a while. He's been engaged with Ukraine and Russia for 10 months now. And the President can keep this up. He's got the long view in mind, I think with certain advantages that play to our strengths. And we're not going to allow Venezuela to try and sidestep this, delay it. That's why they're not answering the phone calls. Yeah, it'll be interesting to see what happens. Well, Colonel Derek Harvey, David Zier, thank you guys so much for Joining me. Have a blessed rest of your day. Thank you gentlemen. Thank you, Paul. Thank you. 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Discounts automatically apply at checkout. So shop TWC Health Voice and give yourself the gift of well care and health. Well, don't go anywhere. America's Voice Live will continue after a brief commercial break. See you on the other side. SpinQuest Social Casino the presents are open and you're over the in laws. It's a perfect time to grab your phone and play spinquest.com with live dealer blackjack, crafts and a ton of slots. And here's a great deal for the holiday. A $30 coin pack for $10. And if you're hearing this ad, you can play right now on spinquest.com Spinquest is a free to play social casino. Visit spinquest.com for more details. Run a business and not thinking about podcasting? Think again. More Americans listen to podcasts than ad supported streaming music from Spotify and Pandora. And as the number one podcaster, iHeart's twice as large as the next two combined. So whatever your customers are into true crime, sports, comedy, culture, they'll hear your message. Plus, only iHeart can extend your message to audiences across broadcast radio. And all this reach means everything. Just think about the universal marketing formula. The number of consumers who hear your message times the response rate equals the results. Now let's get those results growing for you. Think podcasting can help your business? Think iHeart streaming radio and podcasting. Let us show you at iheartadvertising.com that's iheartadvertising.com or call 844-844-IHEART. One more time, call 844-844-iHEART and get podcasting working for you. Beautiful Los Angeles, California. Well, welcome back to America's Voice Live. I'm Bo Davidson filling in for Steve. At the moment, we're starting December with a sharp risk off move. Crypto in particular has taken a beating. However, gold has remained above the $4,000 mark. Joining me to discuss this is precious metals specialists from the Birch Gold Group, our good friend Philip Patrick. Phillip, it's great to see you as always on this beautiful second day of December. First off, Philip, what's going on with crypto right now? It has been an interesting couple of months to say the least. We've seen nearly $1 billion in leveraged crypto bets wiped out in 24 hours. We saw a small recovery today, but that was on top of $19 billion liquidation cascade that hit early October. Bitcoin at the moment is down almost 10% year to date. The lower tier altcoins, the bottom half of the top 100, they're down roughly 70% for the year. So far in my mind, this isn't a random sell off. This is the unwinding of hidden leverage that's built up when everything was rallying and doing very well. And I think traders are finally admitting that they don't know how much leverage is really in the financial system because exchanges don't disclose this data. What we do know though, is about $4.6 billion has been abandoned from the bitcoin market over the last week or so. Put it simply, when liquidity tightens, the most speculative assets fall first. So I think what we're seeing in the crypto markets could be the canary in the coal mine for the broader economy. Philip, you know, President Trump has said he's chosen his next Fed chair. How does that change the situation currently? Look, normally a new Fed Chair is sort of glossed over by financial markets, but today I think it's much more important than than it would be. Interest costs on the national debt are over $2 trillion a year. So the stakes are very, very high. The President clearly understands this, and that's why I think this appointment matters so much. Will off next Fed chair support lower interest rates to relieve the debt burden? Are they going to prioritize inflation control and raise rates at the cost of slowing the economy? Investors at the moment are trading off two realities. They know that Washington cannot afford higher rates, but at the same time, the Fed can't really justify very big rate cuts. Without risking another inflation flare up. So I think until we have clarity and the policy direction becomes clear, I expect to see a little bit more volatility in every corner of the financial sector. And Philip, finally just to touch on the announcement that was made right before we came on air here, which is with regard to the Trump accounts and Michael Dell's huge investment, I believe it's $6.25 billion, which will be $250 to 25 million kids who are in kind of lower income areas. This is a huge private investment from a very well known wealthy man. Do you think we're going to see more private investment like this? And is this a really good sign of things to come during this administration for the future of children learning the concept of compound interest and what that can do for them in terms of what they say is educating a new generation of capitalists? The answer is absolutely yes. And this is just another sign of how President Trump has attracted a ton of investment. This specifically, though, $6.4 billion for America's children is absolutely massive. They will learn the power of compounded interest, as you say, $250 over an 18 year period will be, you know, tens of thousands of dollars. And it could give these kids the start that they need. As we know, it's become much more difficult for middle class and working class Americans to just make ends meet. To give children a leg up in this climate, I think is huge. And like I said, it's just a sign of how President Trump does business. Really encouraging. And obviously kudos to Michael Dell and his wife. It's a huge charitable donation and it's to the most important thing, our children. I mean, it's incredible. Yeah. And I think one thing that's so cool about it, Philip, is I have a very young child. He's under two. And just the concept of investing in the notion of family, the nuclear family unit, is something we haven't heard about in a long time. The incentive is now is for the family, and I think that's a really great thing that he's doing. Well, Philip, Patrick, it's always great to see you. Thank you so much, sir. And have a blessed day. You too. Thank you. And if you want to learn more about gold, then text the word America to the number 989-898 and claim your free info kit on gold. Now, again, one more time, that's the word America you need to text to the number 9898. 98. Well, don't go anywhere. America's voice live will continue after a brief commercial break where Steve Gruber will tell you about the announcement just made by President Trump. Run a business and not thinking about radio. Think again, cuz. More people are listening to the radio and iHeart today than they were 20 years ago. And only iHeart broadcast radio connects with more Americans than TV, digital, social, any other media, even twice as many teens than TikTok. And that reach means everything. Just think about the universal marketing formula. The number of consumers who hear your message times the response rate equals the results. Now let's get those results growing for your business. Radio's here now more than ever. And iheart's leading the way. Think radio can help your business. Think iheart streaming, podcasting and radio where the reach is real. Let us show you@iheartadvertising.com that's iheartadvertising.com or call 844-84484 iheart one more time. Just call 844-844-IHEART and get radio working for you. Welcome back. Voice Live now on the north lawn of the White House. I want to say thank you to Bo Davidson doing a remarkable job. Pin shading. I was busy for a few minutes. You might have seen or heard. I was in with the President as they announced a 6.25 billion dollar investment in our children's future. Coming from Michael Dell and his wife. A remarkable investment. 250 million children will get $250 if they're under the age of 10 and living in certain zip codes that have a median income of less than $150,000. It's the latest way the Trump administration is trying to invest in America's children. You know already from the big beautiful bill, children two and under get $1,000 in their account to start life. And then $250 for kids that are under 10. This is a really game changing announcement because they believe other wealthy entrepreneurs and people that have found their American dream are going to share the wealth. And that's big news. Look, compounding interest at $250. You heard Ted Cruz do the numbers. If they hold that Money until they're 35, it's $700,000 because you can invest up to $5,000 a year. It could be an uncle, it could be an aunt, could be, it could be a philanthropic group, it could be all sorts of people. What a remarkable way to invest in America. And it comes at a time. And I talked to the President about this while we were in there. It comes at a time when we just saw a Record setting Black Friday. Almost $30 billion spent on Black Friday. Remarkable. Online, $5.1 million a minute was being spent on Black Friday, not by me, but by people in general. And that's a 4.1% increase over last year. So you hear all this doom and gloom, but the fact of the matter is the economy is doing well. Inflation below 3%, adjusted for inflation, gasoline is at about the cheapest it's ever been. It's below $3 now for a national average, a number of states under $2.50. And if it continues on this trend, we could see gasoline below $2. Wouldn't that be something? Right now, there are gas stations, I'm told, that have already reached that milestone of $1.99. That helps out the economy, that helps out inflation, that helps out the average American. So you do that with the backdrop of investing in the nation's children, teaching them the value of capitalism, of supply and demand. And they also talk about economic literacy. That's something I've talked about for years, economic literacy. People don't have it in this country. People don't know anything about money. And it's sad. We should teach kids about money in elementary school, in middle school and high school and beyond, because that way people understand how you can invest in your future and not be reliant on, say, a government paycheck. And so it was a really powerful moment in there. Remarkable that Michael Dell and his wife were able to give $6.25 billion to the nation's children. I frankly was honored to be in there in the Roosevelt Room with the President and his team, including people like Ted Cruz and Speaker Mike Johnson and all the rest that made this possible to get to this point. So pretty good day here. It's cold on the North Lawn, but I'm sure that bowling will come in and warm things up for us. Eric Bolling, standing by in a place that's not this cold because bowling is afraid of snow. My understanding. Eric, how are you sweating here? Steve? It's a little warm down here in West Palm Beach. About 78 degrees. Humidity is pumping up. I, I, you know, I could use a little chill in the air. Looks, looks like, sorry, we're, we're doing really well. And guess what else is doing really well? Stock market. Crypto gold. You know, it's just, it's just a, you know, it's, it's going into the last month of the year, and typically it's a very, very strong market going into the year. And it's the reason why that matters. You know, Steve, when I first came here, I started doing the market wrap at 4 o'. Clock. You know, markets close at 4 o'. Clock. And sure, people for the typical Rev viewer was like, oh, bowling, why are you doing this? Your stock. We don't like stock. It's not about that. It's about the markets doing well going into midterm elections. Any election. Any election. You. That's right. You remember how bad things were under Joe Biden and Biden nomics. Well, we use that against them. Guess what? If things got bad, they would use it against Trump, against Republicans, Trump policy, you know, Trump economics, whatever. But they're good. And we take that ball away from them. And that is the whole point. And that's why we talk, you know, in, in glowing terms when things do well. Not because I'm, I'm a, you know, fat cat. Wall Street. No, it's nothing to do with that. Good, good things come from good markets. People can borrow, people can start business. Wait. That's why these things are all, all good news. Yeah. Yeah. I cannot wait to hear how the Democrats and those on the left attack these Trump accounts giving children 10 and under $250 if they live in certain zip codes. It's not by race, it's not by creed, it's not by colors, by. If you're in a zip code where the median income is $150,000 or less, we're going to give kids 10, 250 bucks. And that goes with $1,000 that those up to two years of age get starting next year as well. This is a big deal. Compound interest. I know you understand that. But again, economic literacy is lacking in America and it's really important that we educate young people about economics. And this could be a big deal. Like he said, it's going to be a game changer. I will tell you one quick story. We have about 30 seconds before the turnover. True story. First term Trump. They're, you know, this EBT system, you know, is flawed. I said, Trump, why don't you go in there, clean this thing up and give out these. Don't call them EBT cards or food stamps. Call them trump cards, call it a trump card and they'll realize that you're providing these folks, these underprivileged or people on hard times, access to food and things, right? And I just love this idea so much. It didn't, didn't really fly. But yeah, I got a lot of these harebrained ideas like I use shipt, Same day delivery to stay connected with my sister during the holidays. She lives across the country. Shipt has tons of stores to order from. Groceries from Albertsons, crafts from Michaels, even pet supplies from petsmart. The list goes on. So when we have long distance movie nights, I turn to Shipt to get face masks, snacks and everything else we need delivered to her and to me same day. Download the app or visit that's s h ipt.com oral health goes beyond just aesthetics. It's deeply connected to your general health and well being. That's why preventing oral health problems before they start is so important. 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