Bannon's War Room - Episode 5085： 26 Billion In DEI Payments Still Being Distributed By SBA; How Republicans Need To Approach Jack Smith

00:00:00.000 in the B Block. Let's go and bring the show in and then we're going to get our first guest.

00:00:07.520 This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on

00:00:15.840 these people. I got a free shot at all these networks lying about the people. The people

00:00:22.260 have had a belly full of it. I know you don't like hearing that. I know you've tried to do

00:00:25.960 everything in the world to stop that, but you're not going to stop it. It's going to happen.

00:00:28.980 And where do people like that go to share the big line? MAGA Media. I wish in my soul, I wish

00:00:36.180 that any of these people had a conscience. Ask yourself, what is my task and what is my purpose?

00:00:43.120 If that answer is to save my country, this country will be saved.

00:00:49.340 War Room. Here's your host, Stephen K. Bannon.

00:00:52.740 It's Wednesday, 21 January in the year of our Lord. 2026 is the first day of the second year of

00:01:05.100 President Trump's second term. Third time he won the presidency, but second term. Chris Ruffo,

00:01:10.620 the great Chris Ruffo is joining us. And Chris, look, naturally I would want you on here during Davos

00:01:15.660 because Larry Fink, you've so broken Fink on DEI. Larry Fink, who was kind of the financial guy

00:01:22.300 of it, forcing all the companies to do it because of his immense power on Wall Street. And he's over

00:01:27.620 at Davos kind of denying, you know, no ESG, no DEI. We don't need to do that. We don't need a green new

00:01:34.500 deal because intermittent power won't work for the data centers. He's thrown over all of his beliefs

00:01:39.740 and you were the leader in the effort to break DEI. But you came up with something, I think two days

00:01:45.980 ago, that I think may be the biggest story in the country and people need to focus on it. It was this,

00:01:51.660 is it 26, we talk about Somayans in Minneapolis and the ripoff of the learning centers and all this 1.00

00:01:57.140 is getting deeper and everybody's telling me this, but you're identifying in the Trump administration,

00:02:01.600 there's still, Congress is approving, I guess there's $26 billion being spent on this type of

00:02:08.580 scams by the Small Business Administration. And we kind of know it's out there, but we're not

00:02:14.080 stopping it or not putting our hands on it. Can you walk people through this, quite frankly,

00:02:18.080 blockbuster story? Yeah. So this is at the Small Business Administration. It's a $26 billion slush fund

00:02:25.280 that is dedicated to providing government contracts, including many no bid government contracts,

00:02:31.520 exclusively to firms that are owned by racial minorities and women. In many cases,

00:02:37.640 these are shell companies where they have a token minority and then a private firm behind them.

00:02:43.360 But in all cases for this entire $26 billion slush fund, there's only one identity group that is

00:02:49.640 prohibited from accessing these funds or bidding for these contracts, white men. And so this is like 0.90

00:02:55.920 the epitome of DEI. It's billions of dollars. There's all sorts of fraud and corruption. In the

00:03:02.400 program's 45-year history, there's never been a single audit done. And the question is simply this,

00:03:09.120 it's now one year into the Trump administration. The president came out strong on day one, said no

00:03:14.100 more DEI. Why are we still administering billions of dollars for every group except for one? It seems

00:03:21.560 totally unfair, totally unconstitutional. And yet it's still something that until now has been surviving

00:03:27.920 in the Trump administration. So Chris, help me out there because the president came out, he's pretty

00:03:33.740 upfront, you know, in the days of thunder, you know, flood the zone. Every day we're coming out of 10

00:03:38.640 executive wars. Thank you. President Trump said, hey, we're not doing this anymore. I don't want any more

00:03:41.880 DEI. I don't want it in the corporations. And particularly, it's not simply not going to be in the

00:03:46.640 government. It's not going to be in my administration. I'm taking charge of this. So how are we now one

00:03:51.700 year into it? And President Trump's got a hundred things going on. He's bringing world peace.

00:03:55.620 They got the world or the peace board tomorrow. They're going to settle the Gaza thing once and 1.00

00:04:00.580 for all. You've got Greenland. You've got what he's doing with the Chinese Communist Party, Japan,

00:04:04.980 Venezuela, South America, hemispheric defense, the mass deportations. He's got everything going on.

00:04:11.640 Bobby Kennedy stuff. How is this not the focus of Russ vote over our good, good buddy, Russ

00:04:17.880 for OMB and particularly Kelly Loeffler. And she's got a great team over there. Why are they just not

00:04:23.760 taking guidance from the president and let's just get rid of it? Well, so it boils down to a legal

00:04:28.920 question. So there is a statute in place that says there is racial contracting. It's called the

00:04:33.620 Section 8A program that is supposed to be for disadvantaged groups. And to be fair, Kelly

00:04:40.680 Loeffler, who's the administrator at the SBA, has done some great work in the first year. She's

00:04:45.740 mandated the first ever audit. She's reduced the percentage of race-based contracting from 15 percent to

00:04:52.680 five percent. But I think what's happened is that she feels hemmed in by legal considerations.

00:04:58.400 It may not be technically a DEI program. It's more like an affirmative action contracting program.

00:05:04.260 The native tribes have sovereignty issues that make them somewhat of an exception to race-based rules.

00:05:10.840 But the bottom line is that it hasn't got done. It needs to get done. And I was fielding calls

00:05:16.120 yesterday from the White House after this story came out. And look, the White House assures me

00:05:21.080 we're working on it. It's been stalled. We're trying to get it done. We think there's going

00:05:25.360 to be imminent action. But what I think needs to happen and what could happen is simply to say,

00:05:30.840 this program is unconstitutional. We're going to refuse to administer it. We'll fight it in the

00:05:35.340 courts where we think we have a pretty good shot. Because look, the courts have been pretty clear

00:05:39.640 about this stuff. Race-based contracting, especially a race-based contracting that says any group in the

00:05:46.380 country can apply except for one, white men, is totally unfair. It's totally illegal. It's totally 0.97

00:05:51.860 unconstitutional. So I'd like to see the administration use the nuclear option here and

00:05:56.600 just say, we're blowing up this program. We're going to give contracts to the best firms. Doesn't

00:06:01.780 matter what the skin color is. Doesn't matter where they're from. And look, the other thing that is 0.97

00:06:07.220 kind of crazy, we look through a lot of these contracts. These are supposed to be for socially

00:06:11.720 disadvantaged or oppressed people. But you have a firm, for example, that's run almost exclusively

00:06:17.360 by Indian Americans with PhDs that have millions of dollars in assets, to give you one small example.

00:06:24.580 And you say, wait a minute, this is a group that has the highest education level, the highest income

00:06:28.720 level, run by people who by any measure are part of the American elite now. Why are we giving them a

00:06:34.700 contract advantage over other groups? It's indefensible. And I hope that we see action.

00:06:40.300 You know, maybe not today or tomorrow, but I hope we see something by next week at the latest.

00:06:47.080 Chris, the other bomb in here, I don't want to bury this lead. You said, hey, because it's 26 billion a

00:06:52.520 day, but this has been going on for 40 years. And it's not that, hey, maybe you do have some set

00:06:57.160 asides for minorities, like I said, oppressed minorities, not Indian guys with PhDs that are

00:07:02.860 building tech companies or whatever. But you said there hasn't been an audit. What I've always heard

00:07:07.180 about this program is that it's actually a company, but they put a woman or they put a minority 0.96

00:07:12.160 on top of it and they get the contracts, but it's a complete scam that it's really not a minority 0.68

00:07:17.460 company. They're just doing that. So they qualify for the for the contract itself. Is it true that it

00:07:23.900 hasn't been audited to that depth to see if there's been criminal activity or fraud in 40 years?

00:07:29.960 Yeah, there have been cases. Certainly there are cases of fraud, cases that have been prosecuted,

00:07:36.120 but there's been no comprehensive audit of all of these approved minority contracting firms ever.

00:07:42.580 And we know it's rife with fraud. We know this is part of it. The other dirty detail or wrinkle

00:07:47.980 that I heard from administration officials and others with knowledge, inside knowledge of the

00:07:52.840 program is that, you know, a lot of this money goes to Alaska, the state of Alaska, where there are

00:07:58.260 native Alaskan tribes. And there are these shell companies where private companies run by people

00:08:04.240 from all different backgrounds, use kind of token Alaska native firms to keep this flow of billions

00:08:10.400 of dollars over time, tens of billions of dollars going. And there are senators in Alaska who are very

00:08:15.820 intent on keeping this spigot open. These are Republican, at least one Republican senator

00:08:21.600 in Alaska. And so everyone is in on this scam. I think everyone knows that it's a dirty business.

00:08:28.760 It's totally corrupt, totally unjust. But I think it needed the attention because what's really

00:08:34.080 happened is that it fell under people's radar. It's not it's not a headline story for many people.

00:08:39.320 There's a lot of exciting things happening in the news. But the reason I wanted to draw attention to

00:08:43.560 it is because this should be an easy layup for the administration. We don't do DEI. We don't do race

00:08:49.400 based decision making. It's gone. That's what I'd like to see. And I'm optimistic that we'll get

00:08:54.100 there. Yeah. And particularly, we talked about the two trillion dollar deficit today. What what

00:08:59.520 Besson has to do about this? This is every every bit helps talking about you talk about the Senate,

00:09:04.780 the House appropriations. We see them in the middle. And in fact, we covered here. We stream it. We get

00:09:09.240 big audiences. You see these debates and the moderates always kind of win. How did this for 40 years,

00:09:15.200 how has this gone on when every guy running for Congress, every man and woman, I'm going to cut it

00:09:19.360 nothing's going to get through? I'm against the I'm against waste, fraud and abuse. This hits this

00:09:24.440 this hits every touch point. How did Congress and the appropriations guys, the appropriators

00:09:29.100 keep doing this without getting outed? I mean, part of it is just it's an automatic renewable

00:09:35.880 expense. It takes a lot of political capital to say we're going to take this existing program that is

00:09:40.520 benefiting Native Americans and, you know, the children of sharecroppers and and all of these kind

00:09:46.100 this mythology around it. They don't want to be the big bad Republican who's cutting, you know,

00:09:50.840 minority contracts. But I think the deeper reason is psychological. And the psychological

00:09:55.780 reason is this. A lot of these guys, Republican congressmen, Republican senators, for many years

00:10:01.620 were deathly afraid of being called racist, of being called bigoted, of being called cruel,

00:10:07.360 of facing the scrutiny of the national news media. And at the end of the day, it really took a figure

00:10:12.020 like President Trump to come in there and say, hey, wait a minute. I don't care what you call me.

00:10:16.600 I've been through the media ringer. I'm willing to take the heat. We're not going to do this. Get

00:10:21.900 rid of it. And that's the kind of decisive action that was required. And my suspicion is that the

00:10:27.580 president, if this were put on his desk, he would be shocked and he would ask his people, why haven't

00:10:31.660 we gotten rid of this already? And look, I think it is totally defensible legally, totally defensible

00:10:37.920 politically, and most important, totally defensible morally. We can either have a colorblind country

00:10:43.940 where everyone is treated equally, or we can have a racial hierarchy where people are treated

00:10:49.520 unequally according to their race. I'm not about that. I think we have to stop. 0.99

00:10:55.960 Yeah. No, your recommendation to the president, just let's do a nuclear option here and, hey,

00:11:00.760 face him in court because they're going to sue you anyway if you even try to touch it around the

00:11:03.740 margins. Let's go for the whole thing. Zero it out and say, come and get it. 0.64

00:11:07.920 Last thing, you were the leader in the DEI, getting rid of DEI, both in corporate America

00:11:13.840 and the government. Larry Fink, the new mayor of Davos, is speaking a very different tune,

00:11:19.200 at least publicly, behind the scenes, maybe not. Talk to me about Larry Fink, and now he's

00:11:24.980 taking over Davos. He's the mayor of the globalist village, and he's not touting DEI like he used

00:11:30.900 to, sir. That's exactly right. It's been an about face from Larry Fink. So look, after 2020,

00:11:36.500 Larry Fink, he was wealthy, but he wanted to become famous. He wanted to be beloved in

00:11:42.040 international circles, business circles, philanthropic circles. And so he became really

00:11:47.280 the poster boy of DEI and ESG. But, you know, he took a beating for these once the kind of

00:11:54.060 woke hysteria started to subside, once it was really demonstrated that these are forms of

00:11:59.220 corruption and discrimination. And, you know, from some sources that are even within my network

00:12:04.980 in corporate America, what happened is that when Larry Fink started to realize that this

00:12:10.140 was making him unpopular, he instructed people within the firm to quietly wind down some of

00:12:15.740 these ESG programs and to rehabilitate his image. And so he has reemerged after 10 years of woke

00:12:23.140 as a kind of neutral, corporate, you know, non-ideological figure. I think it was phony

00:12:31.460 then. I think it's phony now. Guys like Larry Fink will do whatever is popular, whatever is expedient

00:12:37.440 in the moment. And so the big lesson here for conservatives is don't necessarily worry about

00:12:43.060 people's convictions because those are malleable. Worry about who sets the status incentives.

00:12:48.860 And so if DEI is perceived as high status, corporate executives will adopt DEI. If DEI is

00:12:54.680 perceived as low status, corporate executives will abandon DEI. That's the best way to have an

00:13:00.660 influence. That's the best way to change perception. And Larry Fink's kind of new face, new mask is a sign

00:13:07.760 that conservatives have one on ESG and one on DEI. Rufo, you're the best. How do people follow you?

00:13:15.980 How do they get to your site, how do they get to your books, and how do they get to your social media?

00:13:19.680 It's easy. Add Christopher Rufo on Twitter, ChristopherRufo.com on the web. And you can buy my book,

00:13:25.960 America's Cultural Revolution, anywhere books are sold.

00:13:30.560 Chris Rufo, great job. Keep at it, sir. Fantastic. Thank you. Appreciate it. Appreciate you.

00:13:38.180 Chris Rufo, Lord have mercy. Trump will take the nuclear option. You put it in front of me,

00:13:44.460 he's going to say, what are we doing here? Zero this thing out. They're going to take us to court

00:13:48.040 anyway. Trump's won, what, 22 or 24 times? We see Magnificent in Davos today, just dropping hammer

00:13:57.100 blows. You saw the markets in turmoil. They go from the Trump trade to the anti-Trump trade. That's

00:14:03.840 going to continue. There's so much more to do here. President Trump knows that tomorrow's peace

00:14:08.140 board is going to meet for the first time. I think we may try to, I can talk my crew into covering

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00:16:30.580 Here's your host, Stephen K. Bannon.

00:16:35.320 Okay. I haven't put them all up. I mean, I haven't, I don't even think, I think Elizabeth and

00:16:39.360 Grace and Mo haven't even put it all on my getter account. Maybe they have, but you know, we had a

00:16:44.100 conference 10 days ago. Dr. Thayer's working with me. There's a bunch of us that are of Irish descent.

00:16:50.060 We are working with folks in Ireland to help them get stood up a Irish populist nationalist party

00:16:54.900 because, as you know, probably the worst country been sold out by their political elite is our

00:17:00.360 beloved Ireland to the Davos crowd. Well, there's been a lot of, you know, O'Bannon saying they're

00:17:06.300 going to create a Trump and he's going to bring a nationalist, he's going to bring MAGA to Ireland.

00:17:10.040 And the elite media over there is going crazy. I mean, they're losing it. So Larry Fink today,

00:17:17.320 Dr. Thayer's here and Dr. Thayer, I got a cold open for you to get into the heart of what happened

00:17:21.280 at Davos today. But Larry Fink is the new mayor. He gave, I think, an interview, the Financial Times

00:17:26.980 and they said, well, we're thinking of moving Davos around. And one of the first places we want to stop

00:17:31.720 is Dublin. So you can tell that the globalists, Larry Fink, the mayor of Davos, they're now concerned

00:17:38.200 enough. They're getting worked up enough that we're getting a little traction in Ireland. They

00:17:41.700 want to move Davos over there. Your thoughts, sir? Well, he's not going to escape nationalism in

00:17:47.900 Dublin, Steve, as you well know, right? The Irish are maybe have been asleep at the switch for a few 1.00

00:17:56.620 years, given they're elite, but they're changing their orientation very quickly. And so given the

00:18:02.900 history of Irish nationalism, the history of Ireland, what Larry Fink is doing is really

00:18:09.260 jumping from maybe the frying pan into the fire with respect to nationalism. But it really shows

00:18:17.860 his desperation, right? He wants to shed, you know, the dead hand of Davos, the dead hand of

00:18:24.620 globalism. That's the old paradigm. That's the old regime.

00:18:28.300 And they don't want to, yeah. And they don't want to, they don't want another, they don't

00:18:32.220 want another Nigel Farage. We had Nigel today on the street. They don't want another Nigel

00:18:36.020 Farage or AFD. They, Ireland, they own lock, stock and barrel. They want the Irish just to 1.00

00:18:40.880 act like indentured servants. We've got a cold open for you. I want to get into your thoughts

00:18:44.180 today about Carney and Trump and then all of Trump's, President Trump's efforts. Let's go

00:18:49.220 and play it.

00:18:50.260 Talked at Davos for 90 minutes. That is only about 15 minutes less than he took at the White House

00:18:56.920 podium yesterday. But the content was just as meandering. He exaggerated and lied about the

00:19:01.860 economy. He said everyone in America is doing better than ever before, that everyone is happier

00:19:06.520 and richer. He said federal employees who he fired love him now because they're making more in the

00:19:12.440 private sector. He said windmills are ugly and anyone who buys them is stupid. He said the people

00:19:18.700 who stole the 2020 election are about to be prosecuted. He said next time Canada's Mark Carney speaks,

00:19:25.340 he should remember Canada lives because of the United States. He said the prime minister,

00:19:31.040 who is actually the president of Switzerland, was difficult and that she rubbed him the wrong way.

00:19:36.400 He made fun of Emmanuel Macron. He said Europe and NATO aren't thankful enough that they'd be

00:19:42.280 speaking German if it weren't for the U.S., that most of their countries don't even work without the U.S.,

00:19:49.580 that immigration has destroyed Europe, that it's threatening to destroy America as well, 1.00

00:19:53.840 complaining specifically about Somalis.

00:19:55.860 We probably won't get anything unless I decide to use excessive strength and force where we would

00:20:02.120 be, frankly, unstoppable. But I won't do that. OK, now everyone's saying, oh, good.

00:20:10.780 What I'm asking for is a piece of ice, cold and poorly located, that can play a vital role

00:20:19.260 in world peace and world protection. We've never asked for anything else. And we could have kept

00:20:26.580 that piece of land and we didn't. So they have a choice. You can say yes and we will be very

00:20:36.000 appreciative or you can say no and we will remember.

00:20:41.000 Well, the deal is going to be put out pretty soon. We'll see. It's right now a little bit

00:20:47.040 in progress, but pretty far along. It gets us everything we needed to get.

00:20:51.280 Will the U.S. still get Greenland? Will the U.S. still get Greenland, sir?

00:20:54.500 What did Mark Ruth say that convinced you?

00:20:56.460 Say it?

00:20:56.940 What did Mark Ruth say?

00:20:59.460 Well, he's a great leader. I think he's fantastic. The secretary general was representing the other

00:21:05.320 side, which is really us, too, because, you know, very important member of NATO. I've done

00:21:10.100 a lot for NATO. And it's really nice. I mean, it's a deal that everybody's very happy with.

00:21:14.920 The second war, the leaders were given a second chance. This time it was clear that what was

00:21:22.420 at stake was not simply the return of prosperity, but the defense of freedom. They chose the path

00:21:30.140 of economic and political partnership and set the stage for 50 years of growth across the globe.

00:21:37.600 Through six decades and 12 American presidents, the United States and Europe have faced monumental

00:21:42.200 challenges and have overcome them together. Because transatlantic ties held strong against

00:21:49.340 the forces of fascism and imperial communism, our nations have been able to thrive in the pursuit

00:21:55.720 of peace. Our careful, and I mean careful attention to building and sustaining the liberal

00:22:01.480 international world order with the United States and Europe at its core was the bedrock of the

00:22:08.240 success the world enjoyed in the second half of the 20th century. It's a deal that everybody's

00:22:14.020 very happy with. Does it still include you? Does it still include the United States having

00:22:18.200 ownership of Greenland like you've said you wanted? It's a long-term deal. It's the ultimate long-term

00:22:28.160 deal. And I think it puts everybody in a really good position, especially as it pertains to security

00:22:34.540 and minerals and everything else. And I wonder if you think this is a moment in which you didn't

00:22:40.520 have to serve in a national security capacity to be scared for United States national security.

00:22:45.240 Well, I think we're all ashamed of what we saw on the stage in Davos. I think all of us were quite

00:22:53.420 jealous of seeing the integrity, professionalism, intellect of Prime Minister Carney of Canada,

00:22:59.500 who acquitted himself brilliantly in many respects in terms of honoring the transatlantic alliance.

00:23:07.960 And when we hear Donald Trump talk about history in such a, as you point out, an ignorant way,

00:23:16.340 it really is a period of time where I think all Americans, whether or not they served in the

00:23:22.580 military, diplomatic service, national security, intelligence, really feel that we really have

00:23:28.020 reached this real inflection point where America's leadership on the world stage is not just in

00:23:34.560 question, but also is now being seen as being absent, which has worried our European partners.

00:23:42.360 And so, again, I think what we saw was a very, very terrible depiction of what Donald Trump 2.0 is

00:23:50.980 going to do one year into a four-year term. And again, I think many of us are just really not just

00:24:01.680 appalled and ashamed, but also just so puzzled as to how so many individuals within the Republican

00:24:09.640 Party, within Congress, continue to allow Donald Trump to do this. Because I think people on the

00:24:15.700 world stage, and Europeans in particular, are not just seeing this as Donald Trump's aberrant

00:24:21.320 behavior, which I think they've gotten used to, but he is a reflection of a sentiment in the United

00:24:27.060 States within the Republican Party, as well as maybe 30 percent of the electorate, that really

00:24:33.300 does agree with him and believe these things as allowing him to do this again to, not just to the

00:24:40.700 detriment of international peace and stability, but to the detriment of U.S. national security.

00:24:45.900 Yo, dude, it's the first day of, say, Brennan, before you go to prison, it's the first day of the

00:24:54.600 second year of his second term and third victory. He won the popular vote every swing state. I mean,

00:25:00.700 I could go on and do it. It's a reflection of the will of the American people, sir. Dr. Bradley

00:25:08.620 Thayer, make it make sense. We did slide some things in the middle of the way people used to talk at

00:25:13.280 Davos, the Bill Clintons and the Dick Cheneys, all this kind of political mumbo-jumbo. President

00:25:18.600 Trump cut right to the heart of it, sir. Look, Davos is dead, right? That's what Fink is recognizing

00:25:24.880 that it's over. It's time to get out of town, whether it's Dublin or Detroit or Jakarta.

00:25:30.740 They're going to try to keep the circus a movable feast, right? Keep the circus going. But you've never,

00:25:36.660 rarely in international politics, do you have such a juxtaposition between the old paradigms,

00:25:41.320 between the old regime of Carney and then what Trump illuminated today? So yesterday, Carney's

00:25:49.880 speech was important for three reasons, right? First, he's the point man. He was speaking for

00:25:55.120 Starmer. He's speaking for John Brennan, the Democrats, the EU elite, and the Chinese Communist 0.63

00:26:01.140 Party, right? He wants to sustain the old regime, the old paradigm, which profited the CCP and the elite

00:26:07.620 in the US, EU, Canada, and Australia. But those days are over. Secondly, Carney said he's balancing

00:26:14.340 against the US, right, in favor of the CCP, because Carney is really perverted, right? He's more

00:26:21.920 comfortable with communist systems. He's more comfortable with totalitarianism than he is with

00:26:27.860 democracy in Canada, which is telling, Steve. That's true across the board of the EU elite,

00:26:34.580 a stormer of Albanese in Australia and others. And then thirdly, it's important because of what

00:26:43.000 Carney said, his comparison at the outset of his speech of the US with the communist Soviet and the

00:26:51.920 communist Soviet system, right? He quoted Vassal Havel's The Power of the Powerless, where he said,

00:26:58.060 power comes when you no longer believe the lie. Well, that's exactly it, right? But not in the

00:27:04.460 way Carney meant it, right? We're no longer believing the lies of globalization. And that's what Trump did

00:27:10.620 today. No more living lies. So Trump has introduced really the new paradigm, the new age, where we're not

00:27:19.980 going to believe the lies of globalization. We're going to believe and we recognize, as Trump said,

00:27:26.640 strong borders, we're going to have that, we're going to have strong elections, right? That hasn't

00:27:32.540 received much attention, but he called attention, he called, really underlined the importance of that.

00:27:39.120 He also described the danger of a bad press, right? Which you could say, that's the danger of bad elites

00:27:45.960 and what the harm that they do. And then, very importantly, he talked about the strong ties of

00:27:52.280 Western civilization, right? What unites the West together? He said that prosperity and progress that built the

00:28:00.560 West didn't come from tax codes, right? It came from a shared culture, right? It came from a shared

00:28:07.520 civilization, and the need to defend that civilization. And to do that, the West, Europe has to change.

00:28:14.780 Just, just, just, just, just hang on one second. We'll take a short commercial break. Dr. Bradley

00:28:19.520 Thayer, describing why I called it the greatest speech since Pericles at Athens. Julie Kelly on the

00:28:26.580 other side also. Do you owe back taxes or haven't filled in years? Now is the time to resolve your tax

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00:30:01.120 call or call 1-800-958-1000. That's 1-800-958-1000. Don't let the IRS make the first move. Act today.

00:30:21.760 War Room. Here's your host, Stephen K. Mann.

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00:31:22.620 today. I want to thank Patriot Mobile, the best phone service in the country, best mobile service. Of course,

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00:32:18.460 Fantastic. Dr. Thayer, can you wrap up your thoughts about Davos, sir, and then give your social

00:32:24.260 media coordinates and how people get your great writings? Sure, Steve. What we witnessed yesterday

00:32:31.040 and today is really a Copernican revolution and a change between what Carney represented,

00:32:37.620 again, as a stalking horse for the EU and the Democrats and Starmer of the old regime,

00:32:44.160 where globalization was the answer to everything. And if you follow that road, you're not going to end

00:32:50.940 up speaking German or Japanese, but you will end up speaking Chinese versus what Trump illuminated,

00:32:59.540 right, which was the path of freedom, which is the path of the ability to recognize reality as it is

00:33:08.100 today in international politics and the need to take some very important steps to secure American

00:33:16.100 security and the security of Western civilization. So if you follow Carney, you're dead. You're in the

00:33:21.820 grip of the CCP, which is where Carney wants you, of course, and the EU. And if you follow Trump,

00:33:27.700 you're in the path of freedom. So Trump has given many great speeches. I think this is his best of all

00:33:32.980 time. And it really defines a new era in international politics. And so today is going to be,

00:33:39.640 you know, a seminal event. This was extremely important in terms of defining the future and

00:33:48.360 why. This is up there with the speech about defense of Western civilization and the Judeo-Christian West 0.85

00:33:57.860 he gave in Warsaw and also his first inaugural American carnage. We got to bounce, Doctor. Where 0.78

00:34:04.400 do people go? What are your coordinates? Yeah. If you're going to save the West, you got to do what

00:34:09.280 Trump says. That's the point of it. So I'm Brad Theron X and Bradley Thayer Getter. Thanks very

00:34:14.780 much, Steve, for calling attention to this. Thank you, brother. Appreciate you. Great work. Keep

00:34:21.400 doing great work. One of the smartest guys around, Dr. Bradley Thayer. Julie Kelly. By the way, out of

00:34:29.760 hair and makeup. Thank you so much. Julie Kelly, the star. How about that? Hello, Julie. Fresh as a daisy.

00:34:35.680 We talk about. I got my yellow daisy sweater on. Fresh as a daisy. And I just an Irish lass.

00:34:42.360 Julie, President Trump went. We've been talking about, you know, populist and nationalism and

00:34:47.540 globalism and President Trump throwing down hard. But we do have to. And one of the frustrations with

00:34:52.780 the MAGA movement is that, hey, we got so many problems here and they President Trump knows what

00:34:59.620 to do about it. For some reason, it's just not getting done fast enough with enough urgency.

00:35:04.840 You've highlighted one of the big issues here about the deep state lawfare, all of it. We're going to

00:35:10.380 have a pretty seminal event come up. And that is Jack Smith. Right. Talk to me about this piece you

00:35:16.100 wrote in your sub stack that I've told everybody. I've been pushing out to everybody. You got to focus

00:35:20.400 on this. What do you got, Julie Kelly? Well, thank you for that, Steve. So tomorrow,

00:35:26.060 ex-special counsel Jack Smith will testify publicly before the House Judiciary Committee.

00:35:32.480 Now, you'll recall, and you and I have discussed his testimony, closed-door testimony,

00:35:36.640 in December, the House Judiciary Committee released the transcript of that eight-hour interview,

00:35:42.540 as well as the video. But both Jack Smith and President Trump have one thing in common. I think

00:35:49.620 it's their only point of agreement in, you know, three plus years, is that they want, both wanted

00:35:55.600 to see his testimony in public under oath before this committee. And that's finally going to happen

00:36:02.380 tomorrow at 10 o'clock Eastern time. I will be covering it live on ex-Julie underscore Kelly too. I'm

00:36:08.380 sure you and I will be talking about it tomorrow evening. But Steve, if anyone better represents

00:36:15.700 the vengeful, reckless, punitive, destructive lawfare against Donald Trump and his associates

00:36:24.880 over the last few years, it is special counsel Jack Smith. And what I laid out in my piece at

00:36:32.020 Substack Declassified with Julie Kelly, I outlined 10 questions, 10 areas that the Republicans need to

00:36:40.240 hammer the $50 million man, I call him. He's cost taxpayers $50 million in less than two years

00:36:48.980 as the special counsel. So when we can get into some of the details about what I talk about here,

00:36:55.720 but it is vital for Republicans to take this opportunity and expose Jack Smith for the degenerate

00:37:02.480 dirtbag that he is. So the people can see what the president had to deal with for two years.

00:37:08.200 As soon as, as soon as we read it, we got it over to people in the Hill. I know you haven't

00:37:12.540 been talking to them, but just go through the couple of three that you think are absolutely got

00:37:16.660 10, the couple of three must haves that we must do because I'll be honest without Gates. I mean,

00:37:22.880 they got a lot of good guys in this, but Gates was our go-to guy without Gates. I'm, I'm as of right

00:37:28.660 now, I'm not feeling it. I'm just not. So what's your advice to these guys? What were the ones you load up

00:37:33.960 front as the ones you got to get to? I mean, they absolutely have to go for the jugular here.

00:37:40.380 So I would say, and this was the first question that I posed that they need to confront Jack Smith

00:37:45.700 with, with, and this is something that the media, when they covered Jack Smith's testimony last

00:37:50.860 month, completely ignored Steve. Judge Aileen Cannon in July of 2024 dismissed the documents case

00:37:59.080 after determining that Jack Smith's appointment violated the constitution, violated the appointment

00:38:05.180 clause, because he was not appointed by the president. He was not confirmed by the Senate.

00:38:10.500 He acted as a principal officer, i.e. a U.S. attorney. So she tossed the indictment up until the time that

00:38:19.400 Jack Smith left office in January, 2025, he was still signing his name, special counsel, Jack Smith,

00:38:28.600 on motions and briefs filed in the documents case. Now compare that, Steve, with what's happening

00:38:35.660 this week, actually yesterday. Judge David Novak in the Eastern District of Virginia,

00:38:43.240 threatening to bring a false statements charge against Lindsay Halligan for also signing her name

00:38:50.960 as U.S. attorney Lindsay Halligan after a separate judge dismissed the Comey and Tish James

00:38:56.340 indictments finding that her appointment violated the constitution. So again, a huge disparity in the

00:39:02.900 rules. I would also speak to Jack Smith's testimony last week when he made several misrepresentations,

00:39:10.560 I'll say nicely, I'd rather call them lies. He said that there were classified documents found in boxes

00:39:16.900 in the ballroom and bathroom of Mar-a-Lago. He has zero proof of that. Absolutely no proof

00:39:24.680 that any of the alleged classified files that eventually ended up in the hands of the special

00:39:30.760 counsel were in any of those boxes that were shown in those photographs off an aide's phone

00:39:36.660 in early 2021, the bathroom and the ballroom. He has no proof of that. He also said that the president

00:39:43.500 repeatedly obstructed the investigation into the documents case. That also a brazen lie. In fact,

00:39:50.540 I criticize the president and his team for over-cooperating with the Department of Justice.

00:39:57.480 How can you claim that Donald Trump was not cooperating when he let Jay Bratt and three FBI

00:40:04.240 agents into Mar-a-Lago in June of 2022? Let them walk around wherever they wanted, including the

00:40:11.120 storage room where some of these boxes were. The president delayed his summer relocation to

00:40:16.460 Bedminster that day to greet them and told them specifically, we will give you whatever you need.

00:40:22.460 Two days later, Jay Bratt, that little, I call him degenerate midget, who was head of the documents 1.00

00:40:28.060 prosecution in Florida. Two days later, he starts pushing for an armed raid of Mar-a-Lago.

00:40:33.660 So Jack Smith is just as recently as last month lying about that abuse of the grand jury process.

00:40:40.060 Uh, doctoring and mishandling evidence, misrepresentations to the court, including

00:40:45.640 Judge Cannon. Um, you know, we can get, there's a whole litany of things, but I would also urge Steve

00:40:52.400 House members to back off a little bit. Their outrage about Jack Smith seeking their phone records,

00:40:59.400 their toll records, they're called. We get that you're upset about that, but that is minor compared to

00:41:06.680 what Jack Smith, the constitutional rights that he decimated of this president, the new boundaries

00:41:13.880 that he set. Um, and that is what House members need to remember. The real victim here is Donald

00:41:21.060 Trump. Yes, we're sorry that he got your phone records. It violates his future debate clause. It

00:41:27.460 also violates a few statutes. However, it's relatively harmless, although his misconduct

00:41:35.020 should be punished, but that pales in comparison with what Jack Smith did for two years to this

00:41:41.580 president. He needs to be fully exposed to the public and he needs to be held accountable.

00:41:48.440 If, um, because the Democrats get a say-so here, so it's going to be tomorrow is going to be a fracas.

00:41:53.720 And of course, Nicole Wallace, Katie Tur, all of them on MSNBC particularly are going to be,

00:42:01.560 you know, he did such a great job. He got buried. Going into this, what is your level of confidence

00:42:07.640 that the House Judiciary Committee on the Republican side can actually deliver?

00:42:14.640 Um, I would say it's a little better than normal. Um, I think that the House Judiciary Committee

00:42:19.920 understands what is at risk here, what is important to expose Jack Smith. Uh, I think they got their

00:42:27.200 feet wet a little bit during that eight hour transcribed interview. Jack Smith can come across,

00:42:33.620 you know, in, in this appearance anyway, very earnest, very deliberative. That is not

00:42:38.820 who he is as a human being. That's not who he is as a prosecutor. And one other thing I would love to

00:42:45.540 see them drill down. Jack Smith, Mayor Garland made it seem like he just plucked Jack Smith out

00:42:50.960 of the Hague. Here was this tough war crimes prosecutor in the Hague. We just went and got

00:42:55.860 him to demonstrate the independence of the Department of Justice in this probe. No, no, no. What Jack

00:43:02.040 Smith disclosed, and I really credit the House Judiciary Committee and Chairman Jim Jordan for flagging

00:43:08.140 this. As early as the summer of 2022, Jack Smith was in touch with Lisa Monaco, our favorite deputy

00:43:15.760 attorney general at the time, her deputy saying that he wanted to go back to the Department of

00:43:21.960 Justice. If there was a position there, he would go back. Of course, he was in the DOJ under the

00:43:27.260 Obama administration. He was asking for a job there for months. And what he said is he specifically

00:43:34.480 asked to work in the newly created Domestic Terror Unit, which had been created by Matthew

00:43:40.760 Olson, the head of the National Security Division and the Biden DOJ, a former DOJ colleague of Jack

00:43:47.400 Smith's under the Obama administration. What did the Domestic Terror Unit do? Matthew Olson,

00:43:53.380 National Security Division at DOJ, Domestic Terror Unit, did two things. They helped pursue

00:43:59.060 two J-6ers, and they were involved in the criminal investigation into the president and 0.98

00:44:03.900 deliberations pre and post Mar-a-Lago raid. So Jack Smith and Merrick Garland's little tap

00:44:10.580 dance that this was, oh, we just picked him? That's not the case.

00:44:13.660 Just hang on. Yeah, hang on for one second. I'm holding you through the break. The great

00:44:18.040 Julie Kelly is with us.

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00:45:54.620 Here's your host, Stephen K. Bannon.

00:45:59.160 Okay, market's on fire. Last couple of days have been dumping American, you know, getting out of 1.00

00:46:03.900 American stocks and bonds. Now, you know, President Trump's got, in terms of greed, I shouldn't say

00:46:08.200 terms of greed, a framework. He told him, he says, we're not going to use military power. We're

00:46:12.120 never going to use military power. That's all the people's hair on fire. It's ridiculous. But

00:46:18.040 gold's closing on 5,000. Think about that, folks. We told you it's going to happen, but it's not the

00:46:23.920 price. It's the process. It's central banks throughout the world buying gold at record rates

00:46:27.960 as they have been over the last couple of years, providing a floor, silver on fire. Silver's now worth

00:46:33.560 two barrels of oil. Think of that. An ounce of silver. Two barrels of oil. Think about that for

00:46:38.020 a second. Go to Birch Gold. Take your phone out. Bannon, B-A-N-N-O-N-9-8-9-8-9-8. Text it.

00:46:44.900 You get the ultimate guide for investing in gold and precious metals. It's free. There's no

00:46:48.660 obligation. You get access to Philip Patrick and the team. It is not the price. We've said this for

00:46:53.000 four years when gold was $1,100 an ounce or a thousand bucks an ounce. There's a process of driving

00:46:58.840 the value. You understand that. You've gone a long way to understanding how you get financial

00:47:04.060 stability. Talk to Philip Patrick and the team at Birch Gold. Do it today. Julie Kelly,

00:47:08.800 tomorrow you're going to be up on Twitter. We're going to figure somehow how to

00:47:11.340 stream yours. We're going to be streaming it all day. It's going to be a heavyweight title fight.

00:47:16.500 I hope we're bringing heavyweights. Jack Smith's good. He's tough. I hope so.

00:47:19.500 And he's going to do all his little phony moves, right? So Julie, but I got to bring up something for

00:47:25.700 you to go. And I want you to give the substack and where you, you know, coordinates, how we get

00:47:29.520 there. But we started the day with Solomon telling us about sedition hunters. You tangle with these

00:47:35.020 people for years. My question is, how in the hell are we one year into this? And poor cash has got to

00:47:40.400 be going through the warehouse and finding the files where Chris Ray paid him at least $150,000

00:47:46.260 to tangle with Julie Kelly. Why are we not prosecuting these quickly enough, ma'am?

00:47:53.160 Hmm. So just for backup. So anyone who follows me religiously knows I sparred with these animals for

00:48:01.000 years and they would help identify, or they were really part of the punishment, the process. So

00:48:07.760 they would post photos and videos of individuals. They had nicknames for them. They would identify

00:48:14.160 them by number and then say, please help us find this. And they were also working with the FBI,

00:48:19.500 which I knew at the time. Ryan Riley, actually the reporter, kind of wrote a whole book on this.

00:48:25.960 So they were instrumental in helping the FBI not just identify these individuals, but torment them,

00:48:33.120 Steve. I mean, this produced so much online harassment, gave the media fodder to further

00:48:39.400 torment these J6ers. So, I mean, I knew they were getting paid. I knew they were working with the FBI. 1.00

00:48:46.600 I knew they were informants. I didn't know they were being paid that much, but, you know, what are we

00:48:51.020 going to do about it now? It looks like a lot of them were overseas, which we suspected at the time

00:48:55.140 as well.

00:48:56.700 No, we got to track them down. Julie, where do people go, particularly tomorrow morning?

00:49:01.500 You're going to have a pregame, all that follow. We're going to follow you all day and have you

00:49:04.820 back here at five o'clock to kick it off. Where do they go, ma'am?

00:49:07.340 Perfect. So, Julie underscore Kelly two at X and then declassified with Julie Kelly. I've got

00:49:13.960 my whole piece up there. It's pretty long, but I think people will be kind of shocked if they're

00:49:18.520 relatively new to Mr. Smith, exactly what he was up to for two years. So, I hope Republicans are

00:49:25.740 reading this as well. I know some of them are.

00:49:27.980 Grace, Elizabeth, and Mo, push it out to everybody. Let's see a force multiplier and 0.98

00:49:35.600 every Posse member, push it out to your friends in your circle. Thank you, Julie Kelly. We'll see

00:49:39.240 you tomorrow. So much going on. So much news. Unbelievable. Trevor Comstock, Julie Kelly's

00:49:46.480 looking great. How do I get a glow up? What products you got are going to make me look better?

00:49:50.320 I shaved. I was so inspired by President Trump at Pericles at Athens. I shaved today. What do you

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Bannon's War Room - January 22, 2026

Episode 5085： 26 Billion In DEI Payments Still Being Distributed By SBA; How Republicans Need To Approach Jack Smith

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