Bannon's War Room - March 14, 2025


Episode 4336： Gold Market Sets Record Highs; Fighting The Liberal Courts


Episode Stats

Length

55 minutes

Words per Minute

167.17578

Word Count

9,322

Sentence Count

724

Misogynist Sentences

6

Hate Speech Sentences

4


Summary


Transcript

00:00:00.560 Getting to be the highlight of my day is doing the Passover from Eric Bolling and myself.
00:00:04.880 One time I get to laugh.
00:00:06.560 There's so much serious news out there.
00:00:08.500 War, peace, and prosperity.
00:00:11.800 We're going to go to the White House.
00:00:12.920 We're going to play a cold open.
00:00:13.800 We're going to start the war room today.
00:00:15.940 We have Natalie Winters, a White House correspondent, is at the White House.
00:00:19.020 Julie Kelly is joining us.
00:00:20.140 Breaking news from the courts.
00:00:21.840 Let's go ahead and let her rip.
00:00:23.280 Do all congressional Democrats believe that President Trump is pushing for a civil war?
00:00:27.900 I can't speak for everyone.
00:00:30.420 And certainly, Ms. Waters made her position clear.
00:00:35.380 Do you, ma'am?
00:00:36.220 Do I think he's—you know, let me say this.
00:00:39.660 It is very clear that what Donald Trump is doing right now is violently impacting the communities that we represent.
00:00:51.020 Whether that ultimately ends in a civil war remains to be seen.
00:00:54.760 This is saying, let's just give up even more of our constitutional authority because, hey, he can do a lot worse later on.
00:01:02.660 And so, to me, that's capitulating to someone who's already showing that he's reckless and willing to do a lot of destruction.
00:01:08.920 We are in a perverse, bizarro land where we're having to decide between letting Donald Trump wreck the government this way or wreck the government that way.
00:01:17.460 So, at what point do you say, I'm going to stand and fight?
00:01:19.940 If you guys block this, it's going to be a shutdown.
00:01:22.360 And you essentially could be playing with fire here.
00:01:24.820 Well, it would be a Republican shutdown.
00:01:26.380 But not all Democrats are on that same page.
00:01:32.700 Senator John Fetterman, for one, has been the most outspoken in supporting the Republican plan because he wants to avoid a government shutdown.
00:01:40.340 Democrats are concerned that that plan cuts domestic spending, does not reign in Donald Trump, does not reign in Elon Musk.
00:01:46.040 But with the House out of town, the Senate, the Republicans in charge of the House and the Senate, that may be their only choice to avoid a government shutdown,
00:01:52.800 which is why we are hearing that there are a growing number of Senate Democrats willing to allow that House plan to become law and avert a shutdown by tomorrow night.
00:02:01.640 Brianna?
00:02:02.520 Manu, just 24 hours ago at this time, you and I were talking about what Chuck Schumer had announced and saying that they were going to try to push back against this plan.
00:02:10.740 You seem to have new reporting that suggests that may no longer be the case.
00:02:16.040 Yeah, look, Chuck Schumer said on the Senate floor that they would block.
00:02:21.080 They didn't have votes to block this Republican plan to keep the government open through September and that the Democrats would essentially stand together here.
00:02:27.740 But there has been a change in appetite amongst some Democratic members who have been having these closed-door debates for days, including today, a very lengthy closed-door meeting.
00:02:38.080 And talking to members after that meeting, it is clear that there is a growing belief that there will be enough Democrats ultimately at the end of the day to vote to advance this Republican plan
00:02:49.180 and essentially allow it to become law and avert a government shutdown.
00:02:53.920 Now, these things are still fluid and this strategy continues to develop and there's still some time before tomorrow night.
00:02:59.420 But there is this belief that ultimately at least eight Democrats, that's what it would take to break a Democratic filibuster because it needs 60 votes to advance.
00:03:07.680 Now, the Democrats have been grappling with the dilemma that they are facing.
00:03:11.020 It's either accept a Republican plan that cuts domestic spending, does not rein in Donald Trump, or block that plan and that could lead to a prolonged government shutdown.
00:03:19.520 That dilemma is a question that I posed about that dilemma to Senator Dick Blumenthal just moments after that closed-door launch.
00:03:27.780 Did Republicans ultimately outmaneuver you guys here, leaving you in a situation where it's a lose-lose situation?
00:03:34.760 Republicans have the majority in the House.
00:03:36.900 They have the majority in the Senate.
00:03:38.720 They have the White House.
00:03:39.960 I think at the end of a couple of years, maybe it's just a matter of months, American people are going to conclude absolute power, autocracy, and tyranny, not such a great idea.
00:03:52.700 So it's not a question of being outmaneuvered.
00:03:55.580 It's what Donald Trump is doing to the country.
00:03:58.480 Chuck Schumer, Casey, is planning on going to the Senate floor sometime this afternoon, potentially indicating whether, in fact, there is a way out, whether, in fact, there might be enough Democrats to move ahead here.
00:04:13.320 So potentially a shutdown could be averted.
00:04:15.880 But as you know, they could still stumble into one in just a matter of hours here.
00:04:23.460 This is the primal scream of a dying regime.
00:04:28.480 Pray for our enemies, because we're going medieval on these people.
00:04:33.680 Here's one time I got a free shot at all these networks lying about the people.
00:04:37.940 The people have had a belly full of it.
00:04:39.860 I know you don't like hearing that.
00:04:41.280 I know you try to do everything in the world to stop that, but you're not going to stop it.
00:04:43.960 It's going to happen.
00:04:45.220 And where do people like that go to share the big lie?
00:04:48.620 Mega media.
00:04:49.980 I wish in my soul, I wish that any of these people had a conscience.
00:04:54.640 Ask yourself, what is my task and what is my purpose?
00:04:59.160 If that answer is to save my country, this country will be saved.
00:05:05.600 War Room.
00:05:06.360 Here's your host, Stephen K.
00:05:08.440 Bannon.
00:05:08.800 Thursday, 13, March, Year of Our Lord, 2025.
00:05:18.020 Welcome to the late afternoon, early evening show of the War Room right there.
00:05:23.220 Chuck Schumer, as soon as he goes to the Senate floor to let us know his thinking about the Schumer shutdown,
00:05:30.260 we will go live to that.
00:05:32.220 But we're going to go to the White House now with our White House correspondent, Natalie Winters.
00:05:35.520 Natalie, you've seen the back and forth all day.
00:05:39.920 They look like yesterday they were going to accommodate, then overnight.
00:05:42.880 And I count Mark Warner, Tim Kaine, and Mark Kelly.
00:05:46.840 Mark Kelly of Arizona.
00:05:47.980 Mark Kelly is a guy they're talking about running for president in 2028.
00:05:52.100 You've got Warner.
00:05:53.180 You've got Kaine, who are considered moderates in that radical party.
00:05:56.700 But others have come out and said they're not there yet.
00:05:59.180 So I don't know where they're going to get these eight votes.
00:06:02.100 I know Gillibrand, I've heard, has been screaming behind closed doors that they've got to go along with this.
00:06:07.860 Obviously, the senators from Connecticut, maybe Schumer.
00:06:11.820 They could be a couple of short.
00:06:13.540 What are you hearing, Natalie Winters?
00:06:17.080 Well, Steve, I think it's important to focus on where we're seeing the most movement going on right now.
00:06:21.600 The White House obviously came out very staunchly in support of the CR.
00:06:24.740 They've been, I would say, considerably less quiet in terms of the Senate working its way through the process, right?
00:06:30.220 We obviously have Schumer making all those soundbites like you just played.
00:06:34.180 But I think what's really important to pay attention to right now is where the sort of grassroots Democrats are on this, right?
00:06:40.820 If you look in the same way that our audience knows just how we hound our senators, our representatives,
00:06:45.960 you're seeing the same exact thing go down now with the Democrat grassroots.
00:06:50.240 For example, right, these groups that were organizing those town halls to oppose Doge, groups like Indivisible,
00:06:56.920 they have shepherded all their resources, they have rallied the troops, and they are descending not just upon Washington,
00:07:03.080 but into these districts to really go, or I guess these states, to go after these senators to make sure that they hold the line
00:07:10.000 and basically force Trump into a shutdown.
00:07:13.140 That is sort of the line, the angle of attack that they're taking.
00:07:16.000 I want to put the pictures up on screen for you, Steve, though.
00:07:19.880 Groups like Indivisible, particularly, they shut down, they're framing it through the lens of Musk or us,
00:07:26.820 and they are now offering, they are reimbursing protesters, whether it's at town halls or wherever it may be,
00:07:33.540 hundreds of dollars for daring to come out and criticize the Trump administration
00:07:38.700 and basically support these senators who are not going to potentially join that, you know, gang of eight
00:07:45.980 and help avert a government shutdown.
00:07:49.020 So I think it's really interesting to watch on that side of the football,
00:07:52.100 where the left-wing activists are trying to push these Democratic senators into not averting a shutdown.
00:07:58.520 But in terms of what's coming out from the White House, they haven't, I would say,
00:08:01.840 been in terms of putting out, you know, the emails with the talking points.
00:08:04.740 Obviously, Caroline Leavitt in the press briefing discussed the CR,
00:08:08.080 but they have not been as forceful with the messaging with the Senate component of the stopgap funding.
00:08:13.420 But the left-wing activists are certainly very forceful in their messaging on it.
00:08:19.600 Have you seen any additional activity?
00:08:23.220 Normally, when we would have the threat of the shutdowns, you have Russ Vote, you have OMB.
00:08:28.380 They're working through what we call waterfalls, how cash comes in,
00:08:33.780 who are the people that have to be there, the emergency people, who are the necessary people.
00:08:38.300 They're doing triage and really going through it.
00:08:40.860 And I know DOGE is obviously doing their own independent assessment of folks and kind of this audit.
00:08:48.220 But do you get any activity?
00:08:49.480 There's any late-night work on the White House?
00:08:52.440 Or do they seem to be fairly complacent about this?
00:08:55.140 Well, look, Secretary Besson obviously did that brief press gaggle this morning.
00:09:01.020 I think he's been doing a lot more media, even Secretary Navarro yesterday took some questions,
00:09:06.580 was doing a lot of interviews about, more broadly, the economic stuff.
00:09:10.120 But that's, of course, inextricably linked to the shutdown stuff.
00:09:13.880 To be honest, I think that it's sort of an interesting messaging framing,
00:09:17.560 because we've been hearing, what now, from Democrats for weeks,
00:09:20.280 that you can't shut down the government, all the people that DOGE is trying to fire,
00:09:25.120 that they're so essential to the very fabric of this country, right?
00:09:27.800 They've been weaponizing judges across the country to ensure that President Trump's efforts
00:09:32.040 to dismantle the federal government can't actually be executed.
00:09:35.980 But now you're essentially, I think, hearing the inverse of that, right?
00:09:39.600 They're now essentially arguing for a shutdown in the name of politics.
00:09:43.520 So I think that the White House, for my estimations, is just sort of letting them duke out the messaging front,
00:09:49.420 in part because it's kind of contrary to everything that they've been pushing against DOGE.
00:09:53.660 But they've also been, frankly, Steve, doing a really horrific job on messaging.
00:09:58.920 Not just, I think we saw the first kind of examples of this during the response to President Trump's joint session address.
00:10:05.540 But these members of the Senate are just putting out copy and paste verbatim the same responses, right?
00:10:11.260 And maybe the USAID money dried up.
00:10:13.360 But their efforts to push back are really insufficient.
00:10:16.920 So I think maybe the White House does not feel as if they have to push back with such brute force.
00:10:23.520 Natalie, we stay right there.
00:10:24.740 I've got a lot more to go through.
00:10:26.940 Today, the White House was an action center on many fronts.
00:10:30.220 We're going to go back to the White House.
00:10:32.000 But big breaking news.
00:10:32.880 Let's go.
00:10:33.160 We have a clip to introduce Julie Kelly.
00:10:35.240 As I told you this morning, the federal justice, federal judiciary insurrection against President Trump continues.
00:10:43.060 But they're ratcheting up the scale of this.
00:10:45.080 Pretty breathtaking.
00:10:45.800 Let's go ahead and play it.
00:10:46.840 Breaking news.
00:10:47.700 A federal judge is ordering the Trump administration to reinstate the jobs of thousands of probationary employees that they fired just last month.
00:10:56.520 Now, this preliminary injunction applies to the Departments of Veterans Affairs, Agriculture, Defense, Energy, Interior, and Treasury.
00:11:04.800 CNN's Paula Reid is on this story.
00:11:07.520 Paula, I mean, that's a lot.
00:11:09.800 That is a lot.
00:11:10.840 This happened just moments ago.
00:11:12.420 And the judge, a Clinton appointee, said he was making this ruling because he believes the Office of Personnel Management unlawfully directed the agencies earlier this year to lay off probationary employees.
00:11:23.760 As you may remember, this hearing was supposed to feature testimony from the director of the Office of Personnel Management.
00:11:31.380 He would have faced probably pretty tough questions from lawyers representing unions.
00:11:36.040 But the Justice Department decided not to make him available and also withdrew a declaration that he made last week about these firings.
00:11:44.000 And let me tell you, Dana, we've been listening to this hearing in San Francisco.
00:11:47.440 The judge was not pleased.
00:11:48.940 He said, quote, you're afraid to have this person testify because you know cross-examination will reveal the truth.
00:11:56.020 I tend to doubt that you're telling me the truth.
00:11:59.400 The judge went on to say, you're not helping me get at the truth.
00:12:01.860 You're giving me press releases, sham documents, referring to documents submitted by the Justice Department to the courts.
00:12:08.520 Now, going forward, the judge has ordered that another senior advisor at the Office of Personnel Management be deposed.
00:12:15.180 So these lawyers are going to have the opportunity to question that senior advisor.
00:12:19.960 The judge said he wants someone from this agency to go under oath and to finally tell the truth about exactly what happened with these firings.
00:12:27.160 Now, the judge also anticipated that this ruling today will likely be appealed.
00:12:31.480 He said, if you want to do that, quote, God bless you.
00:12:34.400 But he says that he wants to get to the bottom of exactly what happened with these firings.
00:12:40.080 So in the next two weeks, we expect the senior leader at OPM could be deposed, depending on what happens with the appeal.
00:12:46.380 Yeah, this is a very, very big development.
00:12:48.780 And real quick, before I let you go, given that, do we have any sense of whether or not this ruling today could impact what we were just talking about earlier in the show,
00:12:56.940 which is that there are more layoffs expected very soon?
00:13:01.180 I think it would depend what specifically those layoffs are targeting here.
00:13:05.620 We're talking about probationary employees at specific agencies.
00:13:08.800 But I'm sure that lawyers at the White House, at the Justice Department, they are going to look at what the judge said today,
00:13:15.320 decide if they want to appeal, because, again, another thing they don't want is an unfavorable ruling on appeal.
00:13:20.480 So I'm sure this is going to factor into their considerations.
00:13:22.940 But we know, Dana, they have lost several cases, they have won many cases, and they continue to try to call the size of the federal government through any means necessary.
00:13:32.360 Yeah, they sure do.
00:13:33.200 Thank you so much.
00:13:36.040 Stunning development, not just the scale of this decision, but also basically the dressing down the judge gave to the government.
00:13:43.200 We've got about 30 seconds.
00:13:44.640 Julie, tell me what you think.
00:13:45.900 We're going to hold you through the break.
00:13:47.360 This is pretty stunning, ma'am.
00:13:48.720 It really is.
00:13:50.580 And this is just an escalation of what we see federal judges doing in other jurisdictions, particularly Washington, D.C.,
00:13:58.020 actively undermining the president's authority and his policy agenda to significantly reduce the federal workforce.
00:14:06.660 And you have labor unions and other Democratic interest groups who are suing the president and his administration.
00:14:11.900 And these federal judges, including this 80-year-old Clinton-appointed judge in San Francisco, only too happy to go along with this.
00:14:21.900 Absolutely stunning.
00:14:23.100 We're going to hold Julie Kelly a lot more to go to on the federal judiciary insurrection.
00:14:28.180 I told you it was an insurrection.
00:14:30.500 They're challenging directly the power of the president of the United States to make executive decisions.
00:14:35.200 As chief executive officer of the United States government.
00:14:40.820 I thought that was in the Constitution.
00:14:43.300 Short commercial break.
00:14:44.480 Going to go back to Julie Kelly.
00:14:47.140 Natalie Winters is at the White House.
00:14:48.860 We have a lot more to go through.
00:14:50.280 Philip Patrick is going to join us.
00:14:52.000 Markets in global turmoil today.
00:14:54.920 All of it next in the war room.
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00:16:11.800 Here's your host, Stephen K. Bannon.
00:16:14.220 So, Julie Kelly, let me connect some dots here.
00:16:21.540 And as soon as we got the clip from the last—we're trying to hone down the clip to what the judge said in open court in dressing down President Trump's government.
00:16:29.220 But I want to be brutally frank.
00:16:31.420 And I'm going to go back to your report of yesterday.
00:16:33.860 We remember those names, Julie, for the last three or four years of your reporting on the January 6th protesters.
00:16:48.920 Of these judges and others that are nothing more than a group of radical neo-Marxists that throw out the rule of law and send so many Indian people to jail forever.
00:17:03.320 And now they are calling President Trump's—really their government—illegitimate, illegal insurrectionists.
00:17:13.320 I mean, the contempt that comes through is so obvious.
00:17:16.220 Julie Kelly, your thoughts?
00:17:18.180 It is really ironic for me, Steve, to listen to judges like Amy Berman Jackson or Tanya Chutkin or Beryl Howell, in particular, who was the chief judge of the D.C. District Court for seven years and did everything in her power in that unchecked, unaccountable position to destroy Donald Trump.
00:17:38.580 After listening to them for four years accused a six-year-old woman who walked into a government building on a Wednesday afternoon of attempting as being a threat to democracy, attempting to overturn the results of an election, and now to see all of them systematically trying to thwart and successfully so far, as the Supreme Court sits on its hands, to thwart Donald Trump and the will of the American people who elected him.
00:18:07.500 And to your point, Steve, they are brazenly demonstrating their contempt for Donald Trump, his entire administration, Elon Musk, all of Donald Trump's voters in these courtrooms.
00:18:19.580 I'm going to be posting—I just purchased a transcript of Beryl Howell's hearing yesterday about the lawsuit against Perkins Coie.
00:18:28.100 The things that she said, again, were so out of bounds, saying that President Trump has a bee in his bonnet about Trump-Russia collusion.
00:18:38.920 Well, of course he does.
00:18:40.420 And she should have recused herself from presiding over this lawsuit because she was the chief judge that oversaw all of the activity of special counsel Robert Mueller, handled all of the grand jury proceedings in that matter.
00:18:54.260 She is totally conflicted and invested in protecting Perkins Coie because of what she has previously done.
00:19:02.360 So I'm going to be posting snippets of that transcript tonight.
00:19:06.500 And people can see for themselves what she has said.
00:19:10.600 And, of course, Judge Chuck can also poised to force Citibank to turn over money that is being held.
00:19:18.100 They're $20 billion in climate funds that the Biden administration sheltered at Citibank just a few days before the election
00:19:26.400 and is doling out to these eight nonprofit, climate nonprofits, hundreds of millions every few weeks.
00:19:34.920 And EPA Administrator Lee Zeldin wants to claw that money back.
00:19:38.700 She is poised to enter a temporary restraining order, Steve, preventing Lee Zeldin from getting our money back from Citibank.
00:19:46.920 Every day gets worse and worse.
00:19:48.520 I just want to know that the $2 billion in foreign aid held up, the money laundering operation at Citicorp,
00:19:57.020 money now with a group that had like $100,000 in the bank, they're claiming $6.9 billion were hung up there.
00:20:02.540 Perkins Coie going on offense on these law firms were held up there.
00:20:06.540 The president of the United States trying to downsize the government, which is his purview, downsize there.
00:20:11.680 Every money, every different aspect of what we told people was going to be the rollout of the deconstruction administrative state
00:20:17.600 and really setting things right and balancing out the weaponization of government against people,
00:20:23.400 every single aspect of it has been stopped by some local federal judge that's given an injunction for the entire nation.
00:20:30.860 Am I wrong in that?
00:20:31.900 We've essentially hit a wall here, and they're going to continue on.
00:20:36.660 I mean, this is what they're rallying around as their way to stop Trump, ma'am.
00:20:39.960 That is exactly what's happening, which is why it is particularly shameful that the Supreme Court did not take advantage of that opportunity
00:20:49.940 in the $2 billion USAID case before Judge Ali and finally or at least begin to put a stop to what these district court judges are doing.
00:21:02.300 I mean, you had Beryl Howell yesterday basically saying, priming the ground to completely overturn President Trump's executive order
00:21:12.140 against Perkins Coie, saying that they have constitutional rights that Donald Trump is violating.
00:21:19.240 You have another federal judge who is mocking Defense Secretary Pete Hegseth.
00:21:25.060 This is Judge Anna Reyes, the first LGBTQ judge on the D.C. District Court, mocking his service and forcing lawyers for the government
00:21:36.200 to defend his position, which is the president's position, on not allowing transgender troops in the military.
00:21:44.000 You have another judge, one of our favorite, Royce Lamberth, a Reagan appointee,
00:21:48.900 who has also disabled the president's executive order about transgenders in federal prison.
00:21:57.240 He has vacated in his own way, reversed that executive order, forcing the government to continue hormone therapies
00:22:05.860 and transitional surgeries for federal inmates, people who have committed crimes who are in federal prisons,
00:22:13.180 against the president's, against the president's wishes, again, the same judges who insisted a four-hour protest
00:22:20.700 at the Capitol building four and a half years ago, almost, represented a dire threat, one of the worst days in democracy,
00:22:29.320 an attempt to overturn an election.
00:22:33.120 And you have these same judges doing the exact thing that they accused J-6ers of, which, of course, they never could do,
00:22:40.080 but these judges are actually succeeding in doing so.
00:22:43.180 Before you go, Julie, I just want to play, we've cut this, I just want to play the CNN report
00:22:49.220 on the outrageousness and the lack of respect and dignity and discernment by a federal judge today in San Francisco
00:22:58.400 about President Trump, his Justice Department, and his entire government.
00:23:02.260 Let's go ahead and play it.
00:23:03.440 And let me tell you, Dan, we've been listening to this hearing in San Francisco.
00:23:06.980 The judge was not pleased.
00:23:08.680 He said, quote, you're afraid to have this person testify because you know cross-examination will reveal the truth.
00:23:15.720 I tend to doubt that you're telling me the truth.
00:23:19.100 The judge went on to say, you're not helping me get at the truth, you're giving me press releases, sham documents,
00:23:24.600 referring to documents submitted by the Justice Department to the courts.
00:23:27.840 Now, going forward, the judge has ordered that another senior advisor at the Office of Personnel Management be deposed.
00:23:35.040 So these lawyers are going to have the opportunity to question that senior advisor.
00:23:39.680 The judge said he wants someone from this agency to go under oath and to finally tell the truth about exactly what happened with these firings.
00:23:46.880 Now, the judge also anticipated that this ruling today will likely be appealed.
00:23:50.840 He said, if you want to do that, quote, God bless you.
00:23:54.200 But he says that he wants to get to the bottom of exactly what happened with these firings.
00:23:59.760 So in the next two weeks, we expect the senior leader at OPM could be deposed, depending on what happens with the appeal.
00:24:06.160 Yeah.
00:24:08.000 OK, I want this audience just to be had the perspective here.
00:24:11.980 Julie Kelly sat in courtrooms for years, for years, got transcripts, looked at charges.
00:24:18.720 Did any federal judge ever sit there knowing what the and ever address the Justice Department with all the lies that we know they told?
00:24:30.520 Everything they did to break the rule of law and actually not just weaponization.
00:24:35.080 These prosecutors were criminals.
00:24:37.780 They were flat out criminals of what they did to these men and women and to sit there and they praise them.
00:24:42.980 And right there, that judge called Trump's Justice Department, the DOJ and the lawyers, liars, right?
00:24:51.580 And we'll put you under oath.
00:24:53.060 I think you're lying to me.
00:24:54.360 I want to get to the truth.
00:24:55.520 This is outrageous.
00:24:57.080 He ought to be turfed out.
00:24:58.660 Impeachment should go on this guy right away.
00:25:01.280 Did you ever see in the four years with all the lies and misrepresentation of the Justice Department and Matthew Graves?
00:25:07.740 Did you ever see a thing, but the first time Trump gets in a court in San Francisco, they call his Justice Department a bunch of liars, ma'am?
00:25:16.620 Well, I know you will be shocked to hear me say no.
00:25:19.320 I never heard any judge on the D.C. district or appellate court accuse the DOJ of lying, which they did flagrantly, in addition to violating all other rules of criminal procedure, including producing discovery, withholding evidence, including Brady material, refusing to turn over to the court, and in some instances, openly misleading the court.
00:25:40.880 We saw this in the classified documents case before Judge Aileen Cannon, Jay Bratt, and the prosecutors on Jack Smith's team, frequently misleading Judge Cannon about the status of that case.
00:25:53.160 So, no, I never heard that.
00:25:54.960 But here's something I want to point out, this judge in San Francisco that you're referring to, this 80-year-old Clinton judge.
00:26:01.660 This lawsuit is not even a month old, and he's already trying to put it on trial before him, holding an evidentiary hearing, pulling in a top White House official to face, and he called cross-examination.
00:26:17.760 He actually said that today.
00:26:19.020 This is something that would happen years from now, allowing attorneys representing government labor unions to cross-examine, in open court, a White House official, who clearly would have at least some argument, privilege arguments.
00:26:36.100 And it sounds like he is setting the stage for this, which, of course, then the White House will try to invoke executive privilege.
00:26:44.640 This judge, of course, this judge, of course, will ignore that, but he is setting up a mini-trial of the president's personnel policies executed under the executive branch and allowing interest groups and government labor unions to cross-examine a top appointee of President Trump.
00:27:05.100 It is stunning.
00:27:07.120 Every day really gets more and more surreal what's happening in these courtrooms.
00:27:10.920 Julie, you know you're going to get the transcript.
00:27:15.340 We'll see you tomorrow.
00:27:16.040 Until then, your Substack and social media, ma'am.
00:27:19.480 Substack Declassified with Julie Kelly.
00:27:21.640 Julie Kelly, I'm on X, Julie underscore Kelly, too.
00:27:25.100 I will be posting parts of Beryl Howell's really mind-blowing comments in court yesterday about the president and Perkins Coie.
00:27:34.760 Unbelievable.
00:27:35.400 Julie Kelly, thank you so much.
00:27:37.420 Thanks, Steve.
00:27:37.920 We're going to go to the Treasury Department.
00:27:39.380 Matt Boyle is finishing up an interview with Scott Besson in a day of global market turmoil.
00:27:48.640 Philip Patrick is going to join me for a pregame.
00:27:51.440 We're also going to go back to the White House.
00:27:53.800 Our own Natalie Winters.
00:27:55.760 War and peace and prosperity.
00:27:58.660 Today in the War Room.
00:28:00.300 Back in a moment.
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00:29:25.820 For years, we're not going to be ripped off anymore.
00:29:28.500 Now, I'm not going to bend at all.
00:29:30.060 Aluminum or steel or cars.
00:29:33.120 We're not going to bend.
00:29:34.340 We've been ripped off as a country for many, many years.
00:29:36.980 We've been subjected to costs that we shouldn't be subjected to.
00:29:43.140 In the case of Canada, we're spending $200 billion a year to subsidize Canada.
00:29:47.920 I love Canada.
00:29:48.800 I love the people of Canada.
00:29:50.100 I love...
00:29:50.640 I have many friends in Canada.
00:29:52.980 The great one, Wayne Gretzky, the great...
00:29:55.420 How good is Wayne Gretzky?
00:29:56.860 He's the great one.
00:29:58.040 But we have...
00:29:59.080 I know many people from Canada that are good friends of mine.
00:30:02.820 But, you know, the United States can't subsidize a country for $200 billion a year.
00:30:09.960 We don't need their cars.
00:30:12.100 We don't need their energy.
00:30:13.340 We don't need their lumber.
00:30:15.140 We don't need anything that they give.
00:30:19.200 We do it because we want to be helpful.
00:30:20.900 But it comes a point when you just can't do that.
00:30:23.920 You have to run your own country.
00:30:26.400 And to be honest with you, Canada only works as a state.
00:30:29.040 It doesn't...
00:30:29.560 We don't need anything they have.
00:30:31.760 As a state, it would be one of the great states anyway.
00:30:34.820 This would be the most incredible country visually.
00:30:37.860 If you look at a map, they drew an artificial line right through it between Canada and the U.S.
00:30:43.480 Just a straight artificial line.
00:30:45.340 And somebody did it a long time ago, many, many decades ago, and it makes no sense.
00:30:53.140 It's so perfect as a great and cherished state.
00:30:58.780 Keeping O Canada, the national anthem.
00:31:01.780 I love it.
00:31:02.540 I think it's great.
00:31:03.740 Keep it.
00:31:05.060 But it'll be for the state, one of our greatest states.
00:31:07.660 Maybe our greatest state.
00:31:08.860 But why should we subsidize another country for $200 billion?
00:31:14.320 Of course, it's $200 billion a year.
00:31:16.240 And again, we don't need their lumber.
00:31:18.560 We don't need their energy.
00:31:19.960 We have more than they do.
00:31:21.020 We don't need anything.
00:31:22.200 We don't need their cars.
00:31:23.160 I'd much rather make the cars here.
00:31:26.040 And there's not a thing that we need.
00:31:28.260 Now, there'll be a little disruption, but it won't be very long.
00:31:33.100 But they need us.
00:31:34.200 We really don't need them.
00:31:35.420 And we have to do this.
00:31:36.680 I'm sorry.
00:31:37.160 We have to do this.
00:31:37.940 Yes.
00:31:39.860 If you watch Real America's Voice early in the day, it was nothing short of extraordinary.
00:31:43.660 I told the team this morning that when I saw that the NATO Secretary General was coming,
00:31:48.180 it wasn't on as really a bilateral.
00:31:50.640 It wasn't on as really a big meeting.
00:31:52.220 He was coming by and he was going to have lunch.
00:31:54.200 I said, President Trump's going to open up, have a press avail.
00:31:59.000 Now, I didn't know it was going to be an hour and 20 minutes.
00:32:02.080 With President Trump taking every question under the sun on Putin, on war and all of it,
00:32:05.720 we're going to get to all this because we're quite jammed this afternoon.
00:32:10.640 So much big news is breaking and so much analysis needs to be done.
00:32:13.980 But on this, President Trump, I am not going to bend on tariffs.
00:32:20.400 I said this over and over again.
00:32:22.580 We've asked Philip Patrick to join us.
00:32:24.580 We're going to go to the Treasury Department in a little while.
00:32:27.180 Matt Boyle of Breitbart is finishing up an interview with the Secretary of Treasury.
00:32:32.200 As soon as that's over, Boyle is going to give us an update on what's going on.
00:32:36.020 Philip Patrick, now more than ever, I think people need that kind of steady hand of Scott Besson.
00:32:40.900 That's why we've been a big advocate that Scott ought to be out there more.
00:32:44.720 We love Howard Lutnick.
00:32:46.480 Howard's a little more, I would say, on the sell side of the house.
00:32:50.880 Scott's a little more of the steady-eddy capital markets guy.
00:32:53.840 I think right now we need capital markets guy because the markets are in turmoil
00:32:58.280 and we need a steady hand.
00:32:59.620 Your thoughts, Philip Patrick?
00:33:01.040 Yeah, I would agree vehemently with that.
00:33:04.380 And I think Scott Besson has an incredible track record
00:33:07.180 and they understand this guy knows what he's doing.
00:33:10.020 But, you know, we are seeing a ton of volatility
00:33:12.420 and I think the markets are responding.
00:33:15.140 I think Monday was the worst day on Wall Street in about three years
00:33:18.340 and we're on track for the worst week since the beginning of the pandemic panic.
00:33:22.900 So things are rough.
00:33:24.060 And I think what's happening at the moment is investors are realizing
00:33:27.980 that the Trump administration are going to keep pushing their agenda
00:33:32.200 even if growth takes a hit and even if markets tumble, right?
00:33:36.800 And I think there was a belief before that the second the markets would come down,
00:33:41.120 Trump would reverse policy.
00:33:42.580 But why people are so surprised is beyond me.
00:33:45.820 I mean, they've been signaling this for a long time.
00:33:48.580 J.D. Vance said back last fall that things were going to get tough.
00:33:52.080 Besson has said, and correctly so, we need to go through a period of detox, right?
00:33:58.080 Markets have become addicted to cheap money, to government spending for way too long.
00:34:03.600 And I think what we're starting to see is what started out as sort of growth repricing
00:34:08.580 from a rich starting point is now morphing into a growth scare driven by tariffs,
00:34:14.120 Doge, retail selling and all the volatility.
00:34:17.200 But the important thing is I think they're realizing that there is a willingness of the
00:34:21.820 administration to embrace shorter term pain.
00:34:25.120 We've been saying it, but now we're doing it.
00:34:27.500 And I think ultimately this is what Wall Street got wrong.
00:34:30.580 They thought that Trump was another rich guy who was another markets guy just like them.
00:34:35.300 And they were wrong, right?
00:34:36.780 What's becoming clear is this administration is about America's interests first.
00:34:40.880 It's about America's security first, America's economy first.
00:34:44.180 This is a populist nationalist movement, not another corporate kleptocracy.
00:34:49.860 Trump didn't run on the platform making Jeff Bezos rich, right?
00:34:53.640 For once, for once, we have a leader who's willing to put the American family first,
00:34:58.500 who's willing to look beyond the sort of day to day and think about long term thinking,
00:35:04.140 because it's only long term thinking, cold blooded rationality and a willingness to accept
00:35:09.880 pain that's going to get us out of this mess.
00:35:12.380 And that's what people have to understand.
00:35:14.840 We have to bear with these guys.
00:35:17.060 We've been building a bubble for a long, long, long time, and we're going to have to let
00:35:21.760 some air out of that bubble if we're going to rebuild.
00:35:25.080 And that's what's happening.
00:35:28.940 The price of gold hit an all time record today at twenty nine eighty two.
00:35:33.560 That's two thousand nine hundred eighty two dollars.
00:35:37.500 The gold just surpassed.
00:35:40.520 We're just being notified.
00:35:41.620 Gold just surpassed three thousand dollars.
00:35:44.400 Talk about that for a second.
00:35:45.460 We're not here because we started with you guys.
00:35:47.100 Think it was eleven hundred bucks.
00:35:48.720 It's not about that.
00:35:50.280 In fact, I want you to explain to people.
00:35:52.120 Gold's never had a run like this.
00:35:54.380 And gold normally invest in gold as a hedge against times of financial turbulence.
00:35:59.840 It's never really been an instrument to outperform the equities market.
00:36:05.500 So people are.
00:36:06.600 And by the way, thank you, producer.
00:36:07.700 I mean, if we're here, Philip, in a historic moment when gold has just reached three thousand
00:36:12.660 dollars per ounce.
00:36:14.580 Talk to us about this moment.
00:36:16.300 And it's not simply the price.
00:36:17.940 It's the convergence of factors.
00:36:19.660 And we've told people and I've on this show.
00:36:21.360 This is why we did the end of the dollar empire.
00:36:22.940 This is why we want people to be smart, to teach you capital markets, teach you macro
00:36:27.000 economics.
00:36:28.600 The forces that are driving this are the same things that are driving these central banks.
00:36:33.340 And they're not going to go away for many, many years.
00:36:36.180 Philip Patrick, your thoughts?
00:36:38.340 You're absolutely correct.
00:36:39.740 Listen, gold now is becoming a growth asset.
00:36:42.560 Prices are surging.
00:36:43.820 We're up over 12 percent this year, you know, over 35 percent last year.
00:36:48.920 And historically, as you said, you didn't buy gold.
00:36:51.640 I was an investment banker, right?
00:36:53.540 In the early 2000s, if you talk to me about buying gold, I would have laughed, right?
00:36:58.420 Because the reality is we had a hundred.
00:37:00.840 I don't.
00:37:02.380 But it's true.
00:37:03.440 We had a hundred years of data.
00:37:05.160 The 20th century showed us that the S&P crushed gold.
00:37:08.480 It is a very different story this century.
00:37:11.220 Very different.
00:37:11.920 Gold has outperformed capital markets significantly.
00:37:15.080 And it's all to do with the things we're talking about.
00:37:17.620 It's about debt.
00:37:18.600 It's about deficit spending.
00:37:19.920 Look at the problems in front of us.
00:37:22.120 And it's very clear why gold is surging and why gold is going to continue to surge.
00:37:27.340 I think around the world, gold today has become the safe haven trade.
00:37:31.900 It's not the dollar anymore, right?
00:37:33.720 It's not U.S. government debt anymore, right?
00:37:36.360 Look at what's happening there.
00:37:38.280 The picture is not good.
00:37:39.760 And I think overall what we're seeing...
00:37:41.700 Hang on.
00:37:42.620 Hang on.
00:37:43.180 I want to turn right now to Ray Dalio yesterday.
00:37:46.560 Exactly.
00:37:47.260 Because traditionally, the fight to equality, they're immediately going to U.S. government bonds.
00:37:51.720 They're not.
00:37:52.400 People are putting their money in gold.
00:37:53.780 And there's a reason for that.
00:37:55.280 We're going to turn to Ray Dalio now.
00:37:56.580 Let's go ahead and play.
00:37:57.280 This is yesterday on CNBC.
00:37:58.540 I think the first thing is the debt issue.
00:38:03.540 We have a very severe supply-demand problem.
00:38:06.460 So we think there's debt.
00:38:08.260 And some people think, oh, we'll handle it because we've handled it so far.
00:38:12.100 I don't think they understand the mechanics of debt.
00:38:14.580 By the way, I've written the draft of a book that anybody can see on social media, particularly
00:38:26.100 LinkedIn, that goes through the mechanics of the debt.
00:38:29.360 But there's a supply-demand problem so that they have to sell a quantity of debt that the
00:38:35.740 world is not going to want to buy.
00:38:38.880 And that's a set of circumstances that is imminent.
00:38:42.740 Okay?
00:38:42.860 That's paramount importance.
00:38:46.320 Then we're going to have to deal – the deficit must go from what will be projected now to
00:38:53.140 be about 7.2 percent of GDP to about 3 percent of GDP.
00:38:58.560 Otherwise, there will be a supply-demand problem.
00:39:02.360 Okay?
00:39:02.680 That's a big deal.
00:39:03.880 You are going to see shocking developments in terms of how that's going to be dealt with.
00:39:10.220 Things that may not have happened in our lifetimes, but things that have happened throughout history.
00:39:16.580 So that's an immediate consideration of the interest rate.
00:39:20.000 Wait, what do you mean?
00:39:20.500 Austerity?
00:39:21.280 Like that?
00:39:21.720 There are many – what do you do when you don't have an adequate supply-demand balance?
00:39:34.000 There may be restructurings of debt.
00:39:36.940 There may be exerting pressures on countries to own the debt, to buy the debt, political pressures on countries.
00:39:45.720 There may be cutting the payments to some creditor countries off for political reasons and so on.
00:39:54.980 So there may be monetizations of debt.
00:39:59.260 If you look at history and see the repeating of what do countries do when they're in this kind of situation, there are lessons from history that repeat.
00:40:10.240 And so just as we're seeing political and geopolitical shifts that seem unimaginable to a lot of people, to most people,
00:40:18.140 if you just look at history, you'll see these things repeating over and over again.
00:40:23.380 So you will be surprised.
00:40:25.200 We will be surprised by some of the developments that will seem equally shocking as those developments that we've seen.
00:40:32.440 So when I look at it, I think that these are of paramount importance.
00:40:36.620 Then we're going to deal with the intern.
00:40:38.140 So, Philip Patrick, is Ray Dalio right there warning the American people that we could have a sovereign debt crisis?
00:40:48.220 When he talks about rescheduling payments, restructurings, you know, a huge oversupply of government securities that have to be sold and also refinanced.
00:40:59.040 Is this one of the reasons that the smart money is going, hey, maybe I do.
00:41:03.460 Maybe I can't put it in a government security.
00:41:05.600 Maybe what I do is put it in gold, sir.
00:41:08.140 Yeah, when you say one of the reasons, I would say the biggest reason by far.
00:41:12.540 And Dalio is absolutely correct.
00:41:15.400 Of course, the guy's brilliant.
00:41:17.560 But, you know, we're starting to see early signs of some of this.
00:41:20.880 I think Scott Besson touted, you know, tying European security guarantees to a 50-year government bond at zero coupon, right?
00:41:29.560 Talk about defaulting on some debt liabilities.
00:41:33.200 We kind of did it when we sanctioned Russia, right?
00:41:35.800 I think, you know, sort of a broad debt default is unlikely.
00:41:39.520 But it's getting concerning.
00:41:41.580 I think I saw your commentary on this interview yesterday.
00:41:44.780 And you said, you know, this is how a bankrupt company would act.
00:41:48.600 And you're right.
00:41:49.740 But we're not a company.
00:41:51.820 We're a nation, right?
00:41:52.680 And we have options that companies don't.
00:41:54.800 And in this situation, I think central banks are forced to choose, right?
00:41:58.580 You either print a lot of money to devalue the debt or you don't print money and you default on debt, right?
00:42:05.060 But the reality is when you owe debt in your own currency, you never default.
00:42:09.860 You always print and devalue.
00:42:12.400 And that always ends the same way.
00:42:14.040 First of all, it inflates the debt away.
00:42:16.300 But the side effect is it destroys the purchasing power of currency.
00:42:20.440 We've seen it time and time and time again throughout history.
00:42:24.060 And I've said it before, but it's starting to happen already.
00:42:27.760 Global demand for our debt is already waning.
00:42:30.480 U.S. dollars, central bank holdings, 30-year lows.
00:42:34.140 Even in a climate where rates are going down, debt service payments are going up.
00:42:38.060 These are early signs and they are bad signs.
00:42:40.560 Ray Dalio says three years, depending on what happens, could be sooner, could be longer.
00:42:46.540 But we're going to have to pay the piper at some point.
00:42:50.840 Philip, can you hang on one second or I'll hold you through the break?
00:42:53.220 Birch Gold, we've done to explain this to you.
00:42:55.240 We've put together the end of the dollar empire.
00:42:57.800 It's all free.
00:42:59.140 The sixth free installment.
00:43:00.820 Modern monetary theory, the idea that broke the world.
00:43:04.880 Big believers in the worm that ideas have consequences.
00:43:07.680 This is one that had quite negative consequences.
00:43:09.720 One of the reasons we're dealing with this fiasco is this belief to buy in from the lords of easy money in the political class.
00:43:17.600 Short commercial break.
00:43:19.180 We're going to turn with Global Capital Markets next in the War Room.
00:43:24.140 There you go.
00:43:26.080 What if he had the brightest mind in the War Room delivering critical financial research every month?
00:43:32.460 Steve Bannon here.
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00:44:12.820 Right now, War Room members get a free copy of Money GPT when they sign up for Strategic Intelligence.
00:44:19.580 This is Jim's flagship financial newsletter, Strategic Intelligence.
00:44:24.420 I read it.
00:44:25.500 You should read it.
00:44:26.580 Time is running out.
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00:45:39.780 Okay, Mike Lindell still under the gun on this throat surgery.
00:45:44.220 Hopefully, he'll be back with us next week.
00:45:46.840 Philip Patrick, and we'll have it tomorrow.
00:45:49.840 I don't think we have time today.
00:45:50.580 Indy, I think, has announced.
00:45:51.840 Modi's saying he's kind of dropped out of the bricks.
00:45:53.820 We'll have a full report on that tomorrow.
00:45:55.300 But the purchasing power of the dollar, that's what people are concerned about.
00:45:58.980 Central banks buying gold at record rates.
00:46:01.660 I want to make sure people can get to you guys.
00:46:03.980 If you go to your phone, Bannon, text Bannon, B-A-N-N-O-N, 989898.
00:46:10.180 You get the ultimate guide to the purchase of gold in the era of Trump.
00:46:14.360 That's used totally free.
00:46:15.840 But we do these relationships with sponsors, and we want people to have access to the
00:46:22.060 senior level of the company, and that would be you at Birch Gold.
00:46:24.940 And, of course, over the last three or four years, the feedback from the Warren Posse,
00:46:30.000 our audience, is just, you guys are fantastic.
00:46:32.580 I just want to make sure, particularly our new viewers and listeners and people on the
00:46:36.960 podcast get access to you and your team.
00:46:40.340 Especially now, as we've told you, we're in a fourth turning.
00:46:44.140 This is going to get quite turbulent going forward.
00:46:46.640 And turbulence is not a bad thing if you know how to hedge.
00:46:52.120 Where do they go, Philip?
00:46:54.020 Yeah, it's really simple.
00:46:55.800 Birchgold.com forward slash Bannon.
00:46:59.020 Birchgold.com forward slash Bannon.
00:47:01.360 Or as you said, Bannon to 989898.
00:47:04.580 Get the information.
00:47:06.140 Immerse yourself.
00:47:07.360 We've been doing this for, well, I've been doing this with you for about three years.
00:47:11.020 And I think over that time period, we've built some credibility.
00:47:14.320 We've been pretty spot on with what's going to happen, what's been happening.
00:47:19.400 So look at the information, read, and go from there.
00:47:24.780 And you've got to understand, there are people in the audience.
00:47:29.300 You guys are gold.
00:47:29.860 There are a lot of gold bugs out there.
00:47:31.200 There are gold bugs at Birchgold.
00:47:32.560 But when I came out of Goldman Sachs, I had my own firm back in the 80s and the 90s.
00:47:38.820 And Philip, he's a recovery investment banker also.
00:47:42.460 Gold just wasn't a thing, right?
00:47:44.820 And now you look at this as a store of value in a hedge, which it's always been.
00:47:50.580 But you look at it, you know, the bump in it is incredible.
00:47:55.620 And part of that is the central banks.
00:47:57.340 What we want to do is understand the underpinnings of the converging forces that are coming together.
00:48:03.800 And then you make your own decisions.
00:48:05.220 Philip Patrick, honored to have you on here.
00:48:06.720 Pretty good calls over the last three years, bro.
00:48:09.240 Pretty good calls.
00:48:11.120 Thank you, Steve.
00:48:13.660 I think the best one was Navarro.
00:48:16.100 We called stagflation back when it happened.
00:48:18.080 Natalie, we are going to go to the Treasury for an exclusive interview with Matt Boyle,
00:48:24.580 who's with the Secretary of Treasury right now, interviewing him in the Secretary of Treasury,
00:48:29.000 I believe the office.
00:48:30.480 We're going to go to Matt as soon as it's free.
00:48:31.820 Natalie, there's so much I want to go through with Putin,
00:48:34.100 but there is this thing on CISA that you're uncovering.
00:48:38.240 Give me the update on that because I want to make sure I get that in today
00:48:41.280 and given some other news, we might not be able to come back to the White House.
00:48:44.860 Give me, what's your CISA report, ma'am?
00:48:48.740 Sure.
00:48:49.180 Well, real quick, I'm standing here in that brief period where I wasn't on.
00:48:53.040 I actually saw Kash Patel arrive at the White House.
00:48:55.880 Unclear what he is doing.
00:48:57.520 He waved at me, and you can certainly make sure that that makes you a lot more popular with the press corps.
00:49:03.660 But that aside, with what's going on at CISA,
00:49:05.820 they've now shut down two key programs,
00:49:07.520 one having to do with election integrity and election to cure.
00:49:09.940 Hey, hold it, hold it, hold it.
00:49:10.820 Hang on, hang on, hang on, hang on, hang on, hang on, stop.
00:49:14.660 How many of those stiffs out there, you've co-hosted with Kash dozens of times.
00:49:21.560 How many of those stiffs at Pebble Beach can say that?
00:49:24.820 You've co-hosted with the FBI director, ma'am.
00:49:27.360 Well, and Navarro, right?
00:49:31.020 It's basically all the War Room co-hosts.
00:49:34.280 All the, that's what Pebble Beach has become.
00:49:38.400 But no, the CISA thing I think is important.
00:49:40.620 I know we only have limited time.
00:49:42.260 We can rehash this.
00:49:43.700 But why it's important now is because the media is starting to become apoplectic over it.
00:49:48.760 They've started mentioning it a lot more on MSNBC.
00:49:51.100 A lot of the outlets are now doing long stories, the fear porn about how they're letting all these brilliant techies go
00:49:57.800 and how, you know, cybersecurity attacks impending doom.
00:50:00.920 Although I think the cybersecurity attacks have already happened because precisely why CISA and all the engineers over there
00:50:07.720 have not been focused on securing this country against cyber attacks,
00:50:11.200 but rather they've been focused on censoring Americans, weaponizing election infrastructure.
00:50:16.860 So I think this is an important thread that they've just started to pick,
00:50:19.580 but I just wanted to lay it down for the audience because you're going to see this expand.
00:50:23.780 And Secretary of State Adrian Fontes has actually already started advocating it,
00:50:28.620 and it's been propped up by Democracy Docket, that's Mark Elias' group,
00:50:32.220 the idea of creating a sort of new CISA to help defend election administration across the country.
00:50:43.060 I tell you what, I'm going to let you go.
00:50:45.100 We're going to have you back on tomorrow and do all the Putin stuff with you
00:50:48.520 that came from the White House today, tomorrow, because there's going to be more breaking news overnight on that.
00:50:53.720 Natalie, until then, where do people go on your social media to track everything you're working on?
00:50:59.640 Natalie G. Winters on all platforms, thank you for joining.
00:51:02.860 Sorry, I just talked about co-hosts.
00:51:04.500 Thank you for having me.
00:51:07.740 Hey, don't take that co-host thing too.
00:51:11.100 Natalie Winters, thanks.
00:51:12.280 Great job, ma'am.
00:51:13.500 Appreciate you.
00:51:14.140 Okay, that's Natalie Winters.
00:51:16.300 We're going to, when we return, we're going to go to the Treasury Department,
00:51:21.920 the indefatigable Matt Boyle, the national political editor for Breitbart,
00:51:28.680 the only living human being that was mentored in order by Tucker Carlson,
00:51:37.460 Andrew Breitbart, and Stephen K. Bannon, and live to tell about it.
00:51:40.900 He's not at the Treasury Department, just did an exclusive interview with Scott Besant
00:51:45.820 on a day of global turmoil in the capital markets.
00:51:50.420 Part of that reason, Putin came back with a couple of three ideas
00:51:55.100 that he would only do the ceasefire.
00:52:00.700 Let's say this, he took a maximalist position.
00:52:04.480 It's one of the reasons capital markets are roiled today.
00:52:07.600 Anyway, gold, a few minutes ago, the historic $3,000 mark was breached.
00:52:15.260 We're going to break it all down, leave you with the right stuff.
00:52:17.880 Get ready for the second hour in the late afternoon, early evening edition
00:52:21.540 of The War Room.
00:52:23.080 Be right back.
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