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Rosemary Jenks
This is an iHeart podcast.
Stephen K. Bannon
Guaranteed Human support for the show comes from Public, the investing platform for those who take it seriously. On Public you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index with AI. It all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20% year over year, you can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one of a kind index and lets you back test it against the S&P 500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory Services by Public Advisors llc. SEC Registered Advisor Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete disclosures available at public.com disclosures well.
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Steve Bannon
I want to thank everybody for their support. It really, it truly means the world to me. I have no idea what's going on because obviously I haven't seen anything. I have spent my entire career covering the news. I will not stop now. In fact there is no more important time than right now, this very moment, for a free and independent media that shines a light on the truth and holds those in power accountable. I will not stop now. I will not stop ever. Last night the DOJ sent a team of federal agents to arrest me in the middle of the night for something that I've been doing for the last 30 years and that is covering the news. The First Amendment of the Constitution protects that work for me and for countless of other journalists who do what I do. I stand with all of them and I will not be silenced. I look forward to my day in court. Thank you all.
David Schaefer
This administration wants to act. It is hell bent on acting. And Simone and others on this program.
Steve Bannon
Have been making the case all week, all week that the words mean nothing. They just flapping their lips. It's what they're actually doing on the ground.
David Schaefer
So we shouldn't take seriously this sort of, oh, we're going to play Cape Minnesota and we're going to rethink. We're going to reimagine what we're doing there and at the same time we're.
Mike Lindell
Going to go and take the voter.
Steve Bannon
Rolls from the people of Georgia.
Stephen K. Bannon
It.
Steve Bannon
Break down every concentration camp. The people that I think are truly heroic right now, not just the journalists.
Ben Berkram
That are putting themselves on the line.
Steve Bannon
There, but just the people, people holding their phones in Minneapolis and in other.
Stephen K. Bannon
Places because Alex Preddy was holding a phone.
Steve Bannon
You know, like these are, these are people that are watching the watchers. They're making sure that there is a record for history of what's happening right now, like stopped. Tomorrow this is all going to be in the history books. And it's great that there are people brave enough to put their lives on the line because they actually now know that they can be killed by agents of the state and that the state will then try to demonize them after the fact.
Unidentified Georgia Official
I think you're correct. I think they are trying to impact the 20 Twix 2026 elections and the 2028 elections. It's my opinion at Folsom County. Georgia has been a target of this administration since 2020 when he asked for to find 11,000 plus votes. I was chair at that time and was concerned at that time. And so he's been challenging every, it seems like monthly, even sometimes it seems like weekly. There's some sense of we need to revote, redo the 2020 elections. Well, the 2020 elections have been reviewed, they've been audited, they've been looked at from a to Z. We've even had hand counts in every instance. Every instance we've come up clean. So what they're after, what they're looking for, I have no clue.
E.J. Antonio
The Trump administration is looking to make Ohio the next target of its aggressive.
Steve Bannon
Immigration enforcement operations as early as this next week. That's according to four people familiar with the discussions.
E.J. Antonio
This operation is expected to focus on.
Steve Bannon
Haitian immigrants with temporary protected status for.
E.J. Antonio
Haiti expiring this next Tuesday.
Ben Berkram
I think everyone needs to understand that if we want to describe accurate what's happening as tyranny, as moving from an administration that's kind of has autocratic ambitions or authoritarian ambitions to one that is actively seeking autocratic and authoritarian power and killing American citizens in the streets for doing nothing but protesting nonviolently. If that's the analogy, People need to, as I said before, this is coming to a theater near you, and people need to buckle up for a long fight. Like, I pray that it's not an 8 or 10 or 15 year fight, but people should be ready for the fact that the other side here is determined, is ruthless, and has millions of people, fewer than our side has, but has millions of people on its side. And so people need to get ready for that and begin to strategize in.
Steve Bannon
A way that takes the long view.
Ben Berkram
And is determined and steeled for a kind of conflict, ideally a nonviolent conflict. But again, we've seen the other side willing to resort to violence. People have to be ready for what's coming because this is not a thing that's going to end when the siege of Minneapolis ends, whenever that is, hopefully soon. But the fight is not going to end. And we now know what the other.
Steve Bannon
Side is capable of.
Ben Berkram
And when I say the other side, I don't mean the Republican Party. I mean the people who are against Team Democracy.
Unidentified Georgia Official
No idea where they took the boxes? I know. I have no idea who has the boxes. I have no idea what they're doing with the boxes. They could be opening the boxes. They could be taking stuff out of the boxes. They could be putting other stuff in the boxes. We at Fulton county can no longer be held responsible or liable for the contents of those boxes the moment they left our care last evening. And the other thing that's unusual, I understand, is that typically you're notified in advance that something is going to happen. Well, in this case, they just showed up. We had no advance warning whatsoever. So I think my opinion that this whole raid, and I call it a raid, was just a distraction, if you will. I think there's something bigger at stake and what I think is at state is a move to possibly take over through the state elections board to take over the control and running of elections in Fulton county in 2026 and 2020 28. That's what I believe.
David Schaefer
Incredibly chilling, Stephanie, and you used the right word in the previous segment.
Steve Bannon
This is an escalation.
David Schaefer
In fact, everything in Trump's second term.
Steve Bannon
Is an escalation of what he did.
David Schaefer
In his first calling us fake news. I hate even saying that.
Steve Bannon
We're now to imprisoning journalists, the escalation, calling the 2020 election stolen, now going.
David Schaefer
Into Fulton county and taking ballots immigration.
Mike Lindell
Or I'm going to build a wall.
David Schaefer
To sending these marauding thugs onto the streets of America.
Steve Bannon
This is, this is all of a.
David Schaefer
Piece, I think, Stephanie, of what is going on with Trump untethered in a second term.
Steve Bannon
This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on these people. I got a free shot. All these networks lying about the people, the people have had a belly full of it. I know you don't like hearing that. I know you try to do everything in the world to stop that, but you're not going to stop it. It's going to happen. And where do people like that go to share the big lie?
E.J. Antonio
MAGA media. I wish in my soul, I wish.
Steve Bannon
That any of these people had a conscience. Ask yourself, what is my task and what is my purpose?
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Steve Bannon
Country, this, this country will be saved.
Stephen K. Bannon
War ROOM here's your host, Stephen K. Bann.
Steve Bannon
Saturday, 31st January year for 2026. We're absolutely packed today. We're at war. If you don't believe that, look at not just Minneapolis yesterday, look at Los Angeles down by the federal building. We saw a little bit of clips there. Hopefully we'll pull even some more throughout the show. Outright riot down there. So the, the other side is, is turning up the violence day by day. Also they're on their confirmed reports now. The Iranians are saying these are gas leaks, but there's a. Supposedly a number of explosions happening in Persia right now and you know, who knows, But I gotta tell you, the timing of that could not be worse. Having not had the, not having the show of force that we've had in Minneapolis and now seeing the streets taken over. Yesterday you had what, 20 or 30,000 people out there and no police, no sheriffs, no ice, no customs and border, but they took over the streets and had a march Most of it was peaceful, but the rhetoric was very hot. And as you saw, Ben Berkwam and other conservative media can't even get out there unless they're attacked. Right. So the other side's going to play hardball. And John Hallman's right, this is two sides that are dug in. And sometimes the people around the president are not as dug in as I think they have to be. So, you know, I just hope these explosions in Iran and in Persia at these facilities are gas leaks as the, as the mullahs and the ayatollahs in the, in the revolutionary garden tell us. Of course, everything they always tell us is 100 accurate. You know that, Right? So we're going to follow that throughout the day and obviously all throughout the weekend. We've got, I'm gonna get Georgia. We got economic news. Let's go. E.J. antonio, I think we got E.J. antonio, Ben's out in the field. We're going to track it all down. We got reports on China, all of it, EJ And Tony. Brother. The basis, the entire bet we made here is an. Not the entire bet. The foundational element for the turnaround is we have to turn around the economy from the debacle of the Biden years, particularly as it impacts and helps this thing called, this entity called the United States of America and as it affects people called American citizens inside the United States of America. Give us an update. We've had a Fed announcement yesterday. Gold is taking a. Gold has taken a hit, some profit taken, but that's backed off. Silver's taken a bigger hit because as I've said on this show and to the media, I was Kevin Warsh's biggest proponent in, in 2017, 2018, where Mnuchin kind of blew the due diligence and convinced people that Powell was the guy, which obviously he was not. But Kevin Warsh, those were, those were different times. I mean, Kevin Warsh is a guy known for his philosophy, is being, he's first off, he's an institutionalist with the Fed. So you're not going to get a guy that's going to end the Fed or break up the Fed or go full Andrew Jackson on the central bank. Number one, he may make some reforms on the margins, but he's not going to get in there and tear the place apart. Highly unlikely. He's also a hawk on interest rates and he's a strong dollar guy. Far be it for me to say that that's maybe not President Trump's probably since Washington's most sophisticated businessman we've ever had. And he's got very set ideas of what he thinks about interest rates, the economy, lending and leverage. Remember, he comes out of a being a real estate developer, and those are guys that are quite comfortable with leverage. That's how you basically make money in the real estate business. Your thoughts on Kevin Warsh in the Fed? E.J.
E.J. Antonio
Well, Steve, as you know, having backed him back in 2017, he would have been infinitely better than Powell. And sure enough, if we go back to that time and then if you look at 2020 and 2021, you can see all of the things that that Warsh was saying turned out to be true. In other words, the advice that, or I should say the direction that he wanted to go in terms of monetary policy would have been the correct course. And instead the Fed went the other way. And sure enough, you can go all the way back to the the global financial crisis, the gfc. During the gfc, he again was recommending the Fed take one course. And instead the Fed took a different course. And the result was pretty disastrous. The result was a series of asset bubbles created throughout the economy that did wonders for Wall street, but they just left Main street with the inflation. One of the things that Marsh wants to do now is unwind this entire really novel monetary framework that was built by Ben Bernanke and then put on steroids by Jerome Powell. And it has funneled literally trillions of dollars. This is not an exaggeration. It has funneled trillions of dollars to Wall street, has helped explode asset prices, whether you're talking stocks or whether you're talking home prices. And again, what did Main street get stuck with the inflation? And I think he has a reasonable plan to reverse all of that. And that makes me very, very optimistic about him as a pick for the Fed. You're right, he's not somebody who's going to blow up the entire institution, but that would take congressional action anyway. But I do think he is somebody who's going to implement real reforms that are going to essentially allow the economy to benefit Main street and not just Wall Street. That's something we desperately need right now.
Steve Bannon
Yeah. I just want to be clear. I'm a huge Kevin Warsh fan. I really push Walsh the first time. The COVID bid when they picked, when Mnuchin kind of forced Powell onto the scene was John Taylor at Stanford, which, you know, Dave Bratt talks about all the time, the John Taylor model. Another would have been another great pick. And Kevin Warsh just now, I agree with you, but we'll spend more time in the next days and weeks going through this because yes, he's got a very well thought, thought through plan. We've got other issues. Rosemary Jenks gonna join us from Numbers usa. We're gonna go through employment. We're gonna go through things called American folks, called American citizens versus Foreigners, maybe people not born in this country about employment. All of it. We're going to go the streets of Minneapolis next in the world.
Stephen K. Bannon
Support for the show comes from Public, the investing platform for those who take it seriously. On Public you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index with AI. It all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20% year over year, you can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one of a kind index and lets you back test it against the S&P 500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory Services by Public Advisors llc, SEC Registered Advisor. Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete Disclosures available at public.comdisclosures I'm here.
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Rosemary Jenks
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Stephen K. Bannon
Here's your host Stephen K. Ban.
Steve Bannon
Okay, welcome back. I'm gonna get to EJ And Tony in a moment. Let's go to. We got Mike Lindell. There's a debate in about an hour. Mike, you've been kind of running the tables on this. So far a couple people have already dropped out. I know there's still seven or eight in there, but Amy Klobuchar is leaving the Senate to contest to. To basically because they're so worried about you becoming the governor. And everything that's happening is gonna be another hundred thousand or I shouldn't say another hundred thousand. Yesterday I think was 30 to 40. It was big. Today they're anticipating MSNBC and local media are saying 100,000 people in this march today. Mike Lindell, we're hearing locally too.
Mike Lindell
I don't know if that's true or not, but there's still. Either way. It's a lot of people down there, but like the president. Truth, doubt. And which is which? This is, this is the, this is just a big cover up to. For the Elon Omar and all the Somalian fraud, the biggest fraud this country's ever seen. So I think people are realizing this and it's early enough, everybody. I don't want anybody to go into a panic when this lets up. We're not letting up on the fraud. We're going after every, every single, every single person that's part of it. And, and Steve, the. Today I am going into this debate. You guys have heard very important.
Steve Bannon
Hang on, but hang on a second. Hold. But hang on, Hang on, hang on, hang on. Whoa, whoa, whoa. Full stop. I got it. The president's correct. They're trying to divert away from the fraud. But the fraud is just one part of the deportations. We're not gonna let the white. We're not gonna back off these. Everybody's got. They all have to go and they should go and start denaturalizing these people. So it's gotta be a whole of government approach, 100%. They're trying to divert away from this outrage what the Somalian community and others and elected politicians. We have to be on that. But we're not gonna get diverted. It's not about fraud. It's fraud because they're here and they need to go back to where they came from. And this is urgent. And today there should be a show of force. You know, Homan's targeted things. Hey, we cannot show at all that we're backing down here. You see what happened in Los Angeles last night. That was an outright riot. They should have called the troops in. It's an outright riot outside the federal bill in Los Angeles. So, Mike Lindell, as governor, what are you going to do as governor? You got a governor now that's a crook and should go to prison because of what he's done. What are you going to do as governor?
Mike Lindell
Well, first. First off, I'm gonna fire a lot of commissioners right out of the gate. I'm gonna ban sharia law on the first day, and I'm gonna enforce protester laws. We wouldn't have all these problems. The cities, these sanctuary cities where we're not enforcing protester laws. Minneapolis being the tip of the spear, that's where all this is happening. Minneapolis has very strict protester laws, but it's never been enforced. Everybody. It's disgusting. You have to get permits. There's all kinds of things you have to do. None of this would ever happen other cities where the president's in there with ice. It's working great because the local law enforcement is enforcing their protester laws. They don't get to go attack to commit crimes while protesting. So that's what I'm going to be doing, Steve. And I want to say this before I forget, everybody right now, like, I'm going into this debate. We have a big. Our biggest straw poll is this Tuesday, February 3rd. So if you're from Minnesota, please get out there. This is for the GOP endorsement. And, you know, I will find out, Steve, how much the establishment might be against me because they don't want, you know, someone that's not a politician to get in there and fix this. And so it'll be interesting to see what happens on Tuesday. But I'm in it. I'm in 100%. Amy Klobuchar has to go. I'm focusing on her. And. And she's not. She's just Waltz 2.0. This all happened under her watch. It's been under her watch for. For almost, what, two decades now? She's watched this on. She was. And, Steve, interesting enough, Amy Klobuchar was all about getting rid of voting machines. She was very boisterous in 2018, but she didn't get sued. And all of a sudden, she flipped and said, let's centralize our voting. Our voting, our elections. And so I can't wait for the debates with her to be able to call her out on these things.
Steve Bannon
Okay, you've got to go. By the way, it's a two for. We take. We get her Senate seat, get her out of the Senate. You beat her as governor. It's massive win. The audience is all over this. Your topper and your bed sale. I know you gotta go to your debate. What are you gonna do for the Warren posse today? It's all good. You run for governor but they wanna know what are you doing for them.
Mike Lindell
Right? Well first of all everybody, if you can support me@mike Lindellgov.com and then and yes, Warm room posse, we're giving back at my pillow. This is our biggest sale we've in history for our Made in the USA mattress toppers and mattresses. You guys have all responded and you're gonna get the best sleep of your life. Free shipping right to your front door. And remember, sleep is all about temperature and pressure points. And we've got you covered. Our technology that I helped develop on all of our beds and mattress toppers was to get you great sleep. Now queen size alone has over 10,000 individual comfort supports as low as 99.98. The mattress topper, go to mypillow.com war room like we still are having this sale. There's all of our made in the USA mattress. They come right to your front door. Free shipping. I'm extending a six month money back guarantee and a 10 year warranty. We built things to last and work. That's the whole thing. And I want to quick point out that we left the blankets on there. Once they're gone, they're gone. We're closing out our blankets. It's cold outside. Everybody as low as $25 a piece. Promo code war room. 800-873-1062. Call my. They speak English. Their moms and dads out there. Looking forward to your call. Promo code war room. Steve, thanks a lot for everything. I'm going to go in and win this debate.
Steve Bannon
Okay. Go man, go. Hit it. Mike Lindell. What a patriot. Make sure you support our sponsors. Best people in the world, E.J. and Tony. E.J. let's talk about labor. So there there wash is a very interesting pick a safe pair of hands. But he's got very set ideas about what has to happen. We're going to break that all down. We're going to have Philip Patrick and others on here. Maybe hopefully get Scott Bessant on Secretary treasury next week and go through this. Talk to me about employment. Talk to me about labor. I got Rosemary Jenks from the Immigration Accountability Project. Not numbers usa. God, how could I have forgotten that she's the biggest hammer in the world about this. EJ Are we showing any signs of life at all of getting more Americans hired and less foreigners, sir?
E.J. Antonio
Well, Steve, exactly. Look, there's a lot of things in tension right now in the labor market. It's not all sunshine and rainbows, but it's not all doom and gloom either. And in a lot of ways, in this last year or so of transition, I guess you could call it, we have made good progress in the areas that really count, such as the number of Americans that actually have jobs, the number of Americans that are working. Under Biden, we had a labor market that was almost like a temp agency, if you will, for, for foreigners, foreign born employment skyrocketed while native born Americans had fewer jobs. It's not an exaggeration. During almost the entirety of Biden's last year, the annual change in native born employment was actually negative. Again, that means that native born Americans were losing jobs, jobs, not gaining them. So all of that great job market growth, all of that great labor market performance we kept hearing about in the mainstream media was basically just foreign born workers getting jobs. Under Trump, that situation has completely flipped and now we're at a point where we've added well over two and a half million jobs for native born Americans in the labor market over the last year. That's phenomenal news. So almost all of the net job growth we have seen again has gone to Americans and not just foreign born workers. The number of foreign born workers employed, Steve, over the last year is only up a few tens of thousands, not millions like it was under Biden. So again we're seeing job growth and most importantly, who is getting the jobs? It's Americans, it's native born Americans. So great news there. You know, again, there's a lot of. What about this, I would say in the labor market.
Steve Bannon
What about, what about. Yeah, but what about this situation where you have artificial intelligence? No matter how the burligarchs are trying to temper it, it's coming in and taking a big swath of kind of this, particularly entry level coding, managerial administrative jobs. Amazon lays off. I think it's Amazon. 30,000 folks in the last 90 days, 14,000 first 16,000. My understanding is that they're still continuing to hire H1B visa holders, but they're firing American workers. Can you break that down for us? Are you knowledgeable about that right now?
E.J. Antonio
Absolutely. So Steve, this is the next point on where you have some tension, I would call it, in the labor market. On the one hand, AI is absolutely eliminating jobs. There's no doubt about it. Look, there are plenty of projects I've been able to take on, just anecdotally, Steve, where I normally would have had to hire a research assistant and the project just would have been prohibitively expensive. It wouldn't have been worth it for me. But now, because of AI, I can use certain tools to gather information for me, and I no longer need to employ that person to do that. And I've therefore been able to take on more projects. So on the one hand, yes, there's clearly job destruction there, but on the other hand, what's happening is you're actually creating jobs in other areas of the economy because you're increasing productivity, you're increasing efficiency, and you're reducing costs. And this is showing up in the macro level data where we have productivity numbers that are absolutely booming right now. You have unit labor costs that are incredibly low. So that's good news for the overall economy. So again, there's a tension there. On the one hand, AI is definitely eliminating some jobs. And what tends to happen in this creative destruction process, as we like to call it, is the job losses are on the front end and more of the job gains are on the back end. And so the question is how soon until those job gains start to eclipse the job losses when it comes to AI? Now, to your point, on the H1BS, there's absolutely no reason why you need to be bringing in so many of those folks to do what are effectively entry level jobs. This is a program that is in desperate need of, at least at the, the very least, reform. I know a lot of people want to just get rid of the, the whole project entirely, but at the very least, I think all of us can agree it needs reform. Because a program that is designed to be bringing in the best and the brightest talent from around the world, it should not then be used to bring in foreigners to compete with Americans for entry level jobs. That's not even what the program was created to do in the first place.
Steve Bannon
It's a, it's. It's a total scam. Ej, we gotta bounce. What is your social media. You're putting up great content all the time. Where we go, sir?
E.J. Antonio
Best place to find me is on X. And the handle there is Eeelej Antony.
Steve Bannon
Brother, thank you. Look forward to seeing you next week. We're gonna break down Kevin Wash. Okay, I know, I know. I told you I wasn't gonna play it, but we're playing it. It's Bruce Springsteen, Streets of Minneapolis. This is gonna have 100,000 thousand people a day. And I want to get under your skin with Bruce Springsteen short break Support.
Stephen K. Bannon
For the show comes from Public, the investing platform for those who take it seriously. On Public you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index with AI. It all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor supply growing revenue over 20% year over year, you can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one of a kind index and lets you back test it against the S&P 500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory services by Public Advisors llc. SEC Registered Advisor Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete Disclosures available at public.comdisclosures I'm here.
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Stephen K. Bannon
Play social casino void where prohibited. Visit spinquest.com for more details@tj maxx feel.
Rosemary Jenks
More you than ever without compromise because we never make you choose the quality you want, the styles you crave and the prices you love. It's all at TJ Maxx so you can focus on just being you. With so many finds arriving daily, that means so many ways to show your unique style. Shop in store and online@tjmaxx.com and Max, what makes you you?
Stephen K. Bannon
Here's your host, Stephen K. Band.
Steve Bannon
Okay, Ben Berkram's in Minneapolis. We're gonna go there in a moment. There's gonna be a massive. There's gonna be a massive protest march today. The one in Los Angeles got out of control last night. The one down by the Federal Building. I think they had another one on the west side. Rosemary Jenks we love E.J. and Tony. We want E.J. and Tony to be the Bureau of Labor Statistics. He should have had the job. They've actually appointed. Now some guy that's been there for 15 years who is obviously part of the problem. But hey, this is McConnell and the Republicans. There were Republicans that wouldn't even meet with EJ Given the fact that he is full maga. So that tells you about everything you need to know about the Senate, who by the way, right now is kowtowing to the Democrats in the Senate two week negotiation on DHS of what they've asked for, what the Democrats, because they're radicals, what they're asking for would strip ICE from even being able to put a field, a team in the field. Rosemary so that being said, I'm not sure that's the correct way to actually look at these numbers, is it? I mean, you're the hammer. It's the reason you're revered in the MAGA movement. About the math, we are hiring, let me just be blunt. We are hiring way too many foreigners in this country for jobs that Americans should be taking. What they're doing is suppressing these foreigners, are suppressing wages. And clearly the business side of the Republican Party, the chamber of commerce, Governor DeWine, they got this situation in Ohio. They're supposed to take away the temporary protective service status of the Haitians on Tuesday. And he's given a press conference yesterday saying, oh no, they're adding to the community, they're holding jobs, they're adding to gdp. The same Chamber of Commerce pitch you hear. So what is the reality of this situation with foreign born workers, including this new, I think it's H2BS. They're trying to bring in another, I don't know, 100,000 H2B foreigners. Ma' am.
Rosemary Jenks
Is absolutely right that we are hiring more Americans than foreigners right now. But the fact is that the number of foreigners working in the United States should be declining, not just growing more slowly. And so we've got DHS announced yesterday, and we broke this on X, that they're bringing in an extra 65,000. That's on top of the 66,000 cap for this year. So that means in the next eight months they're going to allow in 65,000 additional H2B workers who are taking construction jobs, landscaping jobs, hotel and restaurant jobs, resort jobs, ski instructors, all of these jobs that are entry level jobs for Americans. I mean, I spent the morning talking to moms who got their kids through trade school specifically so that they would be able to find these kinds of construction jobs and they can't find jobs they're being denied. And you Know, if you look at the wages that these H2B employers are paying these workers, they're outrageous. I mean, you know, some of them are being paid $9 an hour, $11 an hour construction jobs for $16 an hour. You can't live in America on those wages. So if we take away the cheap foreign labor, these companies are going to have to raise their wages to recruit Americans. And that's exactly what should happen.
Steve Bannon
Talk to me also about this H1B visas and this layoffs. AI is coming through. And I understand the theory of creative, I understand the theory that we're going to be more productive and hire more people later. But that's not the reality of what's happening now. Artificial intelligence is obviously, and the big corporations are trying to hide it every way they can possibly hide it. They're not bragging about it, okay? What Brian Costello calls the efficiency model. And they're letting go or not hiring these lower level, entry level jobs for kids under 30 or young people under 35 years old, which is that most important decade of your life professionally is in your 20s when you're kind of, you know, understanding what your profession is and how you get through it. But they're, they're laying off. It's pretty obvious when you look at the Twitter feeds and go back to the source documents. They're laying off American workers and continue to hire H1BS. Correct. That's why this program must be shut down. There's no way to reform it. It's not reformable. Rosemary Jenks.
Rosemary Jenks
It's absolutely true. I mean, it is just completely absurd that a company can be laying off American workers and hiring H1B workers at the same time. You know, it doesn't matter what department you're hiring or firing from. If you are hiring, if you're laying off American workers, you should not be allowed to apply for a foreign worker, period. Full stop. That is just a fact of life, you know, hire Americans. We've got so many American tech workers who are unemployed or, or who are employed in non tech jobs because they can't get these jobs. It just cannot continue. We have to put Americans first. And you know, I am sick and tired of hearing these politicians on both sides of the aisle, quite frankly, who are talking about compassion for illegal aliens and compassion for foreign workers. Where's your compassion for Americans? That's what I want to know.
Steve Bannon
Hold, hold it. Rosemary Jenks. Hillary Clinton is questioning Christianity. She's. Saint Hilary is saying you're a savage and that she's empathetic. Right? You're a savage because you want to. You want to get away with H1BS. You want to take away temporary protective status. You don't want to. You want American teenagers and young people to have better paying jobs and not flood the zone with more foreigners. You're not empathetic. In fact, she called us savages. Your response, ma'?
Mike Lindell
Am?
Rosemary Jenks
Yeah. You have a really screwed up moral system if you think that having compassionate compassion for foreigners is somehow better than having compassion for your fellow Americans. We don't expect the nationals of any other country to put our interests before their own. And yet somehow we are supposed to put everyone else's interests before our own interests. No. Having compassion for Americans is what this country should be doing. It's what our government's duty is. And we should all have much more compassion for our own fellow Americans than for anyone else.
Steve Bannon
Ma', am, where do people go? Your new project, which is to make sure we enforce, get to get Congress start codifying some of this. I know it's an uphill struggle. Also make sure they're more. The executive orders coming out of the Trump administration are more focused on just American workers. Let's get rid of these foreign workers. And the destruction of the H1B program. Now we've come a ways because they're running around trying to reform it. It's not reformable. And the American people are on our side. American people hate, hate, hate the H1B program and they're going to hate the H2B program. So where they go? Rosemary, to join you in your great crusade for American workers, if you go.
Rosemary Jenks
To IAP action.com IAPaction.com you will find our congressional ranking system where we rank every member of Congress based on what they're doing on immigration. We're on X at IA project. So iaproject and iap action.com.
Steve Bannon
Rosemary Jenks. Thank. By the way, social media, where they track you on social media. You're putting up good stuff all the time on X.
Rosemary Jenks
We're at IA Project and we need all the help we can get. If you can support us in any way, please do.
Steve Bannon
Thank you, ma'.
Mike Lindell
Am.
Steve Bannon
Appreciate you.
Mike Lindell
Birch.
Steve Bannon
Goal we're going to have, we're going to have Philip Patrick Monday, Philip Paxter is going to join us. We're going to talk more about the end of the dollar empire. Kevin Warsh is coming in. We're going to walk through his plan to try to strengthen the dollar, what that means for gold now and in the future, what it means for central banks purchasing gold Remember, always remember, the event that has been driving this the most is the decline, the 25% decline of the US dollar under Biden. And central banks throughout the world, including the BRICS nations, starting to buy it at record rates. Birchgold.com promo code Bannon the End of the Dollar Empire we are coming out shortly with the eighth free installment on a series that we started, I don't know, four or five years ago. So make sure you get it, get up to speed. The latest next installment you're going to absolutely love. Also, something quick and dirty. You can just take the phone out and text Bannon B A N N O N at 989-898. Get the ultimate guide. This is from Birch. Totally free, no obligation. What they want to do is get you up to speed as a investor, right? Get you totally up to speed. So you understand it. You're just not buying gold. You understand what the process is that drives the value of gold. So this is the one that's the ultimate investment guide for investing in gold and precious metals in the age of Trump. So make sure you do it today. Do we have Ben Berkwam? Ben Berkwom is in Minneapolis. Ben, first off, I want your observations on Los Angeles. Number one, there was some protests out by some of the theaters showing Melania's movie. And people that actually went to the film said you could barely hear yourself inside there they were, there was almost a mini riot outside. But downtown near the Federal Building, and you're near the Federal Building today in Minneapolis, they actually did have a, they actually did have a, I thought a riot around the country, particularly in place Los Angeles, how violent is it getting? BEN berkwam?
Ben Berkram
Well, Steve, yesterday was actually a good thing. It was the prelude to the death of Western civilization. For the people that aren't awake yet. If you watched across America, every single major influence, both political and cultural, had riots taken over their cities. To the people that are out there in the western suburbs in the Midwest, Midwest, saying, hey, at least that's not my city, that's your city in 20 years or, or sooner, in five years, 10 years, if you don't stand up against.
Steve Bannon
What do you mean this, this is, it's not 20 years. It's not 20 years. It's coming to a neighborhood near you. Absolutely, it's coming to your neighborhood. This is, but this is no, give me that again. Years and years.
Ben Berkram
It's the death, it's the death of Western civilization. It's the prelude to what's coming to your doorstep. Watch those videos. Send them to all your friends. Send LA to your friends. Send Austin. And you think you're safe in Texas, you're screwed. Look at Austin. That is the capital. That's the center. Austin is falling. Texas is falling. If Austin falls, every single major metropolitan center in America has fallen to communist jihadists. That's where we're at in America today.
Steve Bannon
No, it's the Red Green alliance and some people say the Red green blue because you got the globalists in there. Peter Schweitzer's book lays out how the CCP and the Mexican government are very involved in this, along with people like Soros and the new CCP member, that radical Joni Evans husband who Code Pink, who's funding this, putting hundreds of millions of dollars into it. It's absolutely, and you can tell it's coming to a neighborhood near you. And this is why we gotta, we have to continue with the show of force of ice and it has to be mass deportations. It just can't be the criminal criminals. You gotta triage, obviously you gotta get the criminals out first. But Ben, they're showing you Ellison, the other day they slapped essentially Tom Homan in the face. Has there been any effort at all to connect ICE with the actual jails, with the prisoners, the criminals, which they know they have, you know, Ellison said, well, we may do it. Frey is sitting there going with Waltz and saying we're sanctuary cities. Have you heard any updates at all that they've cooperating with federal authorities?
Ben Berkram
I haven't. And to the point you just made, Steve, it's important we have to do mass deportations. But the most critical thing that we do right now is prosecute the traitors in our country, prosecute the activist organizations. This is a criminal conspiracy against our country. This is, this is sedition. It's insurrection. Every single one of these organizations and individuals need to be prosecuted. Unless that happens, it doesn't matter how many illegals we deport, because the apparatus that is running this, both internationally, the foreign adversaries that are a part of this, as well as the enemies within our country, nothing changes. You can deport every illegal, but if that apparatus is not destroyed, completely destroyed, we're going to be destroyed.
Steve Bannon
Ben, give your coordinates because we're going to come back to you. They're expecting 100,000 people in the streets a day in Minneapolis. Is that my understanding? Is that correct?
Ben Berkram
Yeah, obviously it's the, you know, the, the week anniversary since the criminal who obstructed I.C.E. got murdered or got, got, got killed. Rightfully by I.C.E. in the streets. So that's that's going to be a big one today too.
Steve Bannon
Okay, we'll come back to you. We'll come back to you in the next hour. Let's get, let's get positioned and we'll go back to Ben Berkwam. You saw in Los Angeles. Ben's absolutely correct. He had the cultural aspects of it. Don Lemon. He's heard Don Lemon crashing a church and he thinks he's protected by the First Amendment. Short commercial break we're gonna go to Georgia, get down to the basic facts of how they stole the 2020 support.
Stephen K. Bannon
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Ben Berkram
Forget.
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Unidentified Georgia Official
I think you're correct. I think they are trying to impact the 20twix 2026 elections and the 2028 elections questions. It's my opinion that Fulton County, Georgia has been a target of this administration since 2020 when he asked for to find 11,000 plus votes. I was chair at that time and was concerned at that time. And so he's been challenging every, it seems like monthly, even sometimes it seems like weekly. There's some sense of we need to revote, redo the 2020 elections. Well, the 2020 elections have been reviewed, they've been audited, they've been looked at from A to Z. We've even had hand counts. And in every instance, every instance we've come up clean. So what they're after.
Steve Bannon
Okay, Okay. I can't take anymore. It was hard enough for me to listen to that during the cold open. David Schaefer. David, you are a unsung American hero. We're going to start singing your praises now. You're going to be a regular on the War Room. You were chairman of the GOP. You know more about they're stealing the 2020 election and it probably suffered as much as anybody right now on tv. They're non stop. Oh, the ballots have been fouled. This raid was awful. They're all it's about is 2026. They know they lost 2020. But this is Trump and War Room and all these and all the folks down in Georgia that we've had on, you know, Garland Favorito, now yourself, all of them, all they want to do is steal the 2026 election. Can you put this in perspective for us, Sir?
David Schaefer
Well, the 2020 election in Georgia was a dumpster fire of ineptitude. You had in the name of COVID You had historic safeguards being swept away. You had processes upended. And there's no, no question that those vulnerabilities that were created were exploited. The irony is that the problems that were pointed out have never been investigated. They've only investigated the people who pointed out the problems. And I think that finally with the FBI seizing the ballots, I think we'll get to the bottom of much of what happened happened.
Steve Bannon
Here's what's confusing for folks around the nation, David. In Fulton county, we realize Fani Willis and the chairman that is right there. Fulton county is controlled by radical Democrats, but the state of Georgia is a conservative state. The state of Georgia is a red state. The state of Georgia is a state of patriots, and there are folks called Republicans at the senior level in the state of Georgia. So please explain to the audience, because it's still. People have a very tough time getting their head around it. When you say these things were exploited at the time and they haven't been remedied, isn't Rafael, you got a whole schlock, including Kemp, Kemp's job, I don't know if he's ever had a job as a grown man, except in politics. He was Secretary of State for eight years. How were they able to exploit it under a Republican watch? Understanding you got to keep the hairy eyeball on these Democrats the whole time. So how did that happen?
David Schaefer
It was grossing gross incompetence. I think Raffensperger became psychologically and politically invested in the idea that of defending the election. Whatever happened, you know, he gave an interesting interview on the. I think it was the day after the election in 2020, where he said that based on the number of votes that were outstanding, the President Trump's lead could not be overcome. And then they kept discovering new ballots that, you know, after his original pronouncement, and as the new ballots kept getting discovered, the. Our lead narrowed and eventually was overtaken. And the moment that it was overtaken, Steve, the moment it was overtaken, they began to treat every report of an irregularity like it was a Bigfoot sighting or an alien abduction story. The people pointing out problems, raising concerns, asking questions, were ridiculed. And if they didn't shut up, they were then themselves placed under investigation and charged with crimes. And so I'm encouraged that the Justice Department is moving so that we can finally get to the bottom of what happened in 2020.
Steve Bannon
What are we going to have to do, though, right now to come back? Because all of a sudden they're saying, hey, we were perfect. We kept these things because the court told us to. We kept them. But now the FBI's in, so they're clearly fouled. And anything you hear from the FBI is going to be a pack of lies because the FBI is controlled by President Trump. And these radical Make America Great Again crowd your thoughts.
David Schaefer
Well, that's complete nonsense, obviously. I mean, the only reason that those ballots are still in existence is because of litigation that was filed by Garland Favorito and Carolyn Jefferson, others immediately after the election to force an inspection of the ballots. And judge.
E.J. Antonio
The.
David Schaefer
The judge who had that case ordered that they be preserved. Otherwise they would have been long gone by now. But we've been fighting for five years to have a physical inspection of those ballots. And we came close to that happening in 2021. And then a year into the case, the judge suddenly declared that the plaintiffs had no standing and he's been reversed on appeal. But the it's five years later and we are still fighting to look at those ballots. The FBI is my understanding, asked for those ballots several weeks ago. They weren't turned over and that's why a search warrant was obtained and they were seized. And I think they're in much safer hands now than they've ever been in the last five years in Fulton County.
Steve Bannon
We want to hold you through the break. We're also going to go to Texas. Lee Wambskin in that very important Senate 9 race today actually is the voting today. Believe it or not, it should have been a couple weeks after the first round. But of course they want to stretch it out so out of state Democrat money can win. Last question. We got about a minute and then we're going to go to break the FBI. Why was it at the time why did the Georgia Bureau of Investigations not step in here under Kemp, under Lieutenant Governor Raffensperger to get to the bottom of this years ago? Why do we have to wait for the FBI five years after the fact?
David Schaefer
Sir, you'll be asked answer an hour later. The GBI does give me a quick.
Steve Bannon
Answer now and then we'll go to break.
David Schaefer
GBI doesn't have the authority to investigate a crime on its own. It has to be either directed by the governor or requested by a certain list of named officials, none of none of whom made that request.
Steve Bannon
Okay, so how but how is Kemp going to look when you're going to find host of crimes? The FBI say, hey, Tulsi Gabbard's doing the investigation of 2020. They're just doing a crime. There's crimes here. How's Kemp going to respond to that when they're saying the FBI's found crimes? You were the governor. Why didn't you put Georgia of investigation on this? What's the answer?
David Schaefer
Reflect poorly on him.
Steve Bannon
You are Southern. David Schaefer, you are a Southern gentleman. You are a Southern gentleman. Stick around. So we'll take a short commercial break. Sam Tanen House is going to join us. Pat Buchanan kind of laid it out back in the early 1990s of the Revolution that was coming. He and Bill Buckley had some thoughts together. We're going to break that all down. We're going to go to Texas and out to the Pacific about the Chinese Communist Party. Next in the world.
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Rosemary Jenks
This is an iHeart podcast. Guaranteed Human.
Date: January 31, 2026
Host: Steve Bannon
Notable Guests: E.J. Antoni, Rosemary Jenks, Mike Lindell, Ben Berkwam, David Schaefer (plus various officials and commentators)
This explosively charged episode of The War Room with Steve Bannon centers on the turbulent state of American politics leading up to the 2026 and 2028 elections. The discussion is dominated by themes of government overreach, media suppression, election integrity controversies (especially in Georgia and Minnesota), economic updates, concerns about foreign-born labor, and inflamed street protests across major U.S. cities.
Bannon and his guests present a narrative of a regime in crisis—a government cracking down on dissent, shifting labor away from native-born Americans, and fomenting unrest on U.S. streets. The episode weaves together grassroots political strategies, economic commentary, policy critique, and warnings about authoritarianism from both the left and right.
| Time | Segment | |----------|----------------------------------------------------------| | 02:06 | Bannon addresses DOJ raid and defense of press freedom | | 04:31 | Specter of violence/civil unrest and citizen journalism | | 05:12 | Georgia official on federal targeting and ballot issues | | 10:30 | Discussion: street protests in Minneapolis & LA | | 13:21 | Kevin Warsh/Fed/Gold discussion with E.J. Antoni | | 19:52 | Mike Lindell on MN political chaos and election fraud | | 26:08 | Labor market, AI, and foreign worker issues | | 35:08 | Rosemary Jenks on H2B expansion and American jobs | | 37:39 | Jenks: H1B layoffs and “compassion for Americans” | | 43:12 | Ben Berkwam: “Prelude to the death of Western civilization” | 50:52 | David Schaefer on Georgia’s 2020 election flaws |
Episode 5109 of The War Room delivers an intense, battle-hardened assessment of the political landscape as seen from the MAGA movement’s vanguard. Election integrity, resistance to foreign influence (especially via immigration and labor), street protests, and warnings against authoritarian government power animate this charged broadcast. For those who missed the episode, this summary captures the sense of siege, urgency, and rallying cries for grassroots action that define the War Room's current rhetoric.