Bannon's War Room - Episode 5106： President Trump Picks New Fed Chair; Streets Of Minneapolis Continue To Burn

00:00:00.000 official the breaking news that we've all been waiting for it is now out on truth social president

00:00:05.680 trump saying that he has picked kevin warsh as his choice for the next chairman of the fomc uh we will

00:00:13.840 next chairman of the fed we will continue to get some of these numbers up i have some of this

00:00:18.880 information up it is literally just hitting but this is what we've been talking about um since

00:00:23.760 last night really the the news was first out kind of been reported in several different outlets

00:00:28.320 that uh president trump had honed in on his choice he said that have you seen the actual

00:00:34.000 no i haven't i got it because he's okay oh he's really got a lot that he's saying here we should

00:00:38.400 probably go go is that all we're going to go ahead and read like kevin currently serves uh

00:00:45.600 as the shepherd family distinguishing distinguished visiting fellows uh in economics at the hoover

00:00:51.440 institution lecturer at stanford graduate school of business he's a partner of stan drucken miller

00:00:56.560 uh at duquesne family office llc received an ab from stanford guess he couldn't get in anywhere

00:01:04.240 else and a jd uh kidding from harvard law also he has conducted extensive research in the field of

00:01:12.000 economics and finance issued an independent report to the bank of england proposing reforms and

00:01:17.520 the conduct of monetary policy in the uk wow the president went wild here with all this um

00:01:23.360 uh parliament adopted the report's recommendations he became the youngest fed governor ever at 35

00:01:30.160 and is a member of the board of governors of the federal reserve from 20 2006 until 2011

00:01:37.360 as the federal representative to the group of 20 g20 as a board's emissary to the emerging and advanced

00:01:43.760 economies in asia this is really long in addition he was administrative governor managing and overseeing the

00:01:50.880 board's operations personnel and finance financial performance uh and prior to his appointment to

00:01:57.680 the fed from 2000 to 2002 to 2006 he served as special assistant um to the president for economic

00:02:05.840 policy and executive secretary of the white house national economic council previously kevin was a

00:02:11.760 member of mergers and acquisitions department at morgan stanley uh in new york and i think did bonson

00:02:17.440 mention that he knew him at morgan stanley i think that's what he said yeah uh serving as vice

00:02:22.000 president and as an executive director i've known ken here's uh this is the last then maybe most salient

00:02:28.880 thing here i have known kevin for a long period of time have no doubt that he will go down as one of the

00:02:35.040 great fed chairman maybe the best on top of everything else he is central casting and he will never

00:02:44.560 yeah and he will never let you down congratulations uh kevin president donald trump

00:02:55.920 this is the primal scream of a dying regime pray for our enemies because we're going to medieval on

00:03:04.160 these people here's not got a free shot all these networks lying about the people the people have had a

00:03:10.960 a belly full of it i know you don't like hearing that i know you try to do everything in the world

00:03:14.800 to stop that but you're not going to stop it it's going to happen and where do people like that go

00:03:18.960 to share the big line mega media i wish in my soul i wish that any of these people had a conscience

00:03:27.760 ask yourself what is my task and what is my purpose if that answer is to save my country this

00:03:35.200 country will be saved war room here's your host stephen k band

00:03:46.640 it's friday 30 january year of our lord 2026 uh kind of an avalanche of news we're going to get

00:03:53.680 through all of it with some of the top experts in the country obviously one of the most important picks

00:03:58.640 and president trump's uh term will be his uh chair of the federal reserve kevin warsh was the cover

00:04:05.520 bid uh when that we went through this exercise last time 2017 2018 uh when uh mnuchin uh pushed pal

00:04:15.600 there was others of us that were very pushing uh kevin warsh at the time john taylor and kevin warsh

00:04:21.600 john taylor of stanford dave bratz guy and uh kevin warsh are the two cover bids i happen to believe that

00:04:29.040 kevin was really in second place and taylor in third but there is dispute over that however we've

00:04:35.120 come along we've come a long way since 2017 and 18 uh he's an interesting pick he's an institutionalist

00:04:42.000 he knows the fed inside and out uh he's a guy that may reform but he's certainly not going to deconstruct

00:04:48.560 uh and on monetary and fiscal policy uh i think he's a little different than president trump he

00:04:53.440 president trump i would say is a dove and for a weak dollar uh kevin is a hawk and for

00:04:58.480 a strong dollar to show you what markets thought uh stock markers i think bond mark is fine gold

00:05:05.760 it hit 5500 i think yesterday it's at around 5000 gold is off and uh and silver backed off

00:05:12.400 i think because uh people are looking at this situation with the as the thesis we put out in

00:05:17.200 the end of the dollar empire but let's get an expert in here jason trenner joins us jason it seems like wall

00:05:23.520 street is applauding this uh really saying this is a a brilliant pick by president trump your thoughts

00:05:31.520 i uh i wholeheartedly i agree i i'm i have to say i'm somewhat surprised but i'm very pleased

00:05:37.840 because i know most of the candidates pretty well i know kevin quite well and i think that

00:05:43.200 he is a perfect choice at a perfect time i'm surprised that president trump picked him because

00:05:48.000 it is a hawk but from a financial markets perspective it's terrific it's good for the

00:05:54.080 bond market uh it's good for the long end of the curve but hang but hang on but hang on but hang on

00:05:58.480 but hang on hang on one second let's go because the audience loves you and you you and i can have

00:06:03.680 smart repartee i'm shocked and i was kevin warsh's i think one of his biggest advocates seven years ago

00:06:10.720 it's just things have changed i mean president trump explain to the audience when i say president trump is a

00:06:15.760 dove when it comes to uh monetary policy and and he's a um and he's uh for a weak dollar which

00:06:23.360 traditionally president's for a strong dollar and kevin ideologically has always been a hawk and he's

00:06:28.480 always been for a strong dollar explain to the audience what that means well it means that simply

00:06:35.360 that president trump wants lower rates he's obviously beat up j pal pretty good uh on that um i don't think

00:06:42.880 that's been helpful for the financial markets i'm a big fan of the president but uh some of the

00:06:48.000 actions versus j pal are not not market friendly uh i'll put it that way but president trump wants

00:06:53.920 lower rates uh there's no two ways about it uh and he believes that his uh program of uh cuts and taxes

00:07:04.320 on capital spending particularly r and d or so on um are going to lead to massive productivity gains

00:07:13.360 uh which will keep inflation at bay um kevin uh i think agrees with that and will uh ideologically

00:07:21.680 believe that but he's not going to cut rates just because the president wants him to or at least i would

00:07:27.680 say at least um uh not for not for a while and i think in that way it's a very good it's a very good

00:07:35.120 pick uh for the financial markets and you know personally i i think it's i think it's great

00:07:42.080 no no every sophisticated guy i know on wall street i think is one shocked but two think it's it's great

00:07:47.760 for the markets i and so i only got a couple minutes with you yeah uh the last couple of days maybe the

00:07:53.920 couple weeks people are saying there's a little bit of rebellion in the bond market against president

00:07:58.480 trump's now president trump's plan already i think we're looking at and you're the one that broke that

00:08:03.040 story for maybe even five percent growth in in the real economy not just the government economy

00:08:08.800 president trump is telling people internally he thinks he can hit six percent or seven percent

00:08:13.040 if he gets enough runway here there has been a little reaction in the bond market so talk to

00:08:17.280 people what has that been there's a little nervousness and why does kevin warsh maybe solve that

00:08:22.960 problem for president trump well the first thing is i don't think uh i i'm of the belief that uh it's

00:08:30.080 not mutually exclusive to have uh strong economic growth and low inflation uh especially if uh the

00:08:37.360 strong economic growth is coming from productivity gains which is what president trump uh is hoping for

00:08:43.760 so i think four to you know four uh is doable i think and and that's as you know that would be

00:08:49.600 out of sight uh in terms of what we've uh been doing for a long period of time then you would add

00:08:55.600 inflation to it so maybe two and a half so then you're looking at nominal gdp of of six and a half

00:09:01.200 which is you know amazing uh so in my opinion it's it's quite good the real question is whether uh these

00:09:09.200 these cuts these supply side uh parts of the one big beautiful bill will really result in big capital

00:09:16.080 spending um uh and uh research and development because if that happens in my opinion uh you

00:09:23.360 know growth will be fantastic and inflation will remain low

00:09:30.560 and that's the bet that scott besson the president made right also the forcing function of the terrorists

00:09:35.120 which haven't added to inflation so far tell the audience before we lose you why are the capital

00:09:41.280 market particularly we all talk all the time that the bond market has turfed out more governments

00:09:45.680 than howitzers that turfed out uh the previous prime minister of the united kingdom you know the

00:09:50.960 bond market right now they've got macron wrapped around the axle they could end the was it the fourth

00:09:56.400 or fifth republic uh because they're having a tough time pulling together government why is the bond

00:10:01.280 market so vitally important for president trump and why is warsh although president trump and warsh have

00:10:06.480 differences of view on monetary policy why is warsh probably for capital markets the smartest pick at

00:10:14.720 this time yeah i think the first to answer your first question the reason why the bond market is so

00:10:19.840 important is that it's the risk-free rate everything is priced off of it on mortgage uh mortgages um

00:10:27.600 corporate spreads high yield spreads all of that is priced off of the high uh of the u.s treasury market so

00:10:34.400 if long rates increase for the treasuries rates will go up across the board for the economy economy is

00:10:40.480 very leveraged uh and so uh big increases in and interest rates at the long end will turf out uh the

00:10:48.800 turf out leaders um right now it looks like uh the long end is behaving very very well and and that's good

00:10:56.400 for stocks uh we found if right now let's say bond yields are about four and a quarter we found that if uh

00:11:02.720 rates get to four and a half or 4.75 the stock market could have some uh indigestion so uh we're pretty

00:11:10.480 bullish uh on this pick uh and i think it's great for the capital markets as far as your um your second

00:11:17.680 question um i i think kevin is represents a temperament which i think let's say is not always visible uh from

00:11:26.800 the administration which is to say you know he's a little bit of a common force

00:11:30.400 uh in something that can seem like uh you know a little bit of a circus uh and i think for the

00:11:36.160 financial markets they'd love that i love it i think it's uh again great pick and i'm surprised

00:11:42.240 president trump made this pick but i think it's a very inspired one

00:11:49.040 i am with you it's a quite surprising pick but you're right kevin is a safe pair of hands he was back

00:11:54.240 and and as i said and i'm not shy about rubbing people's noses in this if they'd listened uh to

00:12:00.720 either the brats of the world or the band of the world you would have had john taylor or kevin warsh

00:12:05.040 back in 2018 and the world would be a very different place right now instead of having uh pow uh where do

00:12:11.360 people go on your uh social media for your twitter also the the funds uh you're you've got kind of a

00:12:17.200 mega fund uh where do people go to find more information about it uh so uh they can just uh

00:12:22.640 go to strategus asset management.com uh the symbol is samt uh for uh the thematic portfolio which

00:12:32.320 includes uh this idea of decolonization and populism so um that's what we have

00:12:41.120 jason thank you so much i know you've got a lot of clients to talk to thank you for putting

00:12:44.320 us to the top of the pile appreciate you thank you thank you see i'll talk to you soon all right

00:12:49.520 man so kevin as a um as a hawk on interest rates and and a advocate for a strong dollar that's why

00:13:00.000 he saw the gold and precious metals uh we're going to try to get phil patrick we can't get him to

00:13:04.000 sworn in this afternoon to talk about it uh it was more than just profit takings people are like hey

00:13:10.160 you're going to have a new sheriff in town and this sheriff's got a very different idea about things

00:13:13.760 um because as you know the the decline in purchasing power of the dollar the 25 lost in

00:13:21.840 four years and biden is his tectonic that is what's hurtled gold for one of the principal reasons one of

00:13:29.200 the central banks are buying it's why the bricks nations are involved uh in that uh like you said

00:13:34.320 that's that's tough to recover that's why gold's gone from a thousand to five thousand and it's right

00:13:39.520 now at five thousand it was a fifty five hundred heading to six uh with the pick last night because

00:13:44.800 there were a couple of doves uh in the in the group i think uh i think uh reader could be considered a

00:13:50.560 dove i think has it could be considered a dove because he works the president head at nec

00:13:55.200 very surprising pick given president trump's philosophy president trump comes out as a obviously

00:14:01.760 a real estate titan real estate titans and developers always looking for lower rates president

00:14:06.080 trump was the first to admit that uh and he thinks it fuels the economy he's been all over powell some

00:14:10.880 of the biggest fights as you folks have sat ringside for these over the last couple years have been

00:14:16.160 between the head of the federal reserve and the president united states president united states

00:14:20.800 probably i think the most sophisticated businessman that's ever maybe general washington you know

00:14:27.200 general washington was the richest man in america when he uh when he uh took the presidency

00:14:32.080 pretty sophisticated on uh not just agriculture on real estate he knew real estate as well as

00:14:37.920 president trump but those are the two most sophisticated businessmen we've ever had in

00:14:42.320 the office and president trump's got very very very set ideas when it comes to capital markets finance

00:14:49.840 in the economy okay we're going to go from the halls of power in washington to the streets of

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00:16:30.000 but the president was asked will you be pulling back immigration agents out of minnesota this is what

00:16:36.640 the president had to say we'll do whatever we can to keep our country safe so you're not pulling back

00:16:44.080 no no not at all

00:16:47.440 no no not at all i told you told you okay we're gonna go to the streets of minneapolis right now

00:16:53.680 i think they just dropped the the flashbang grenades i think to get ready to tear gas ben

00:16:58.240 burkwam's there live ben what i thought things that calmed down i thought uh i thought the insurrectionists

00:17:03.840 we're all happy because uh uh homan uh our friend homan has uh has uh has stood down sir 0.98

00:17:11.440 yeah no it's uh it's anything but so what you have now is uh uh you've got the the same people

00:17:18.560 basically on fridays now they're doing protests they're going to be protesting all over the city

00:17:23.280 basically trying to shut down the city it's a boycott stop working uh and so this this is at the

00:17:28.720 whipple right now they're blocking the street they just deployed the flashbang the cops so the

00:17:33.600 sheriffs are actually here today working with them to help provide security so uh it's the steve

00:17:40.320 you know this i know this it's not going to get better you can't bend the knee to terrorists you can't

00:17:44.000 negotiate the terrorists but hang on this but hang on but yeah but hang over a second you're

00:17:50.560 breaking news the actual the law enforcement the sheriffs of minneapolis the people that report

00:17:56.880 up to that police chief they're actually there today to are they there as actual law enforcement

00:18:03.920 so that ice doesn't have to be out in that crowd sheriff not sheriffs not pd but we did see minneapolis

00:18:11.600 pd at the site at alex petty uh freddy's uh memorial yesterday so they were there actually providing

00:18:17.840 security i've never i haven't seen that so there appears to be a shift at least in seeing law

00:18:23.280 enforcement helping protect and serve which is actually their job they're moving us back we're

00:18:28.240 gonna have to move back a little bit so we don't get tear gassed uh but there definitely is a shift

00:18:32.800 in that direction but when it comes to deportations i don't see anything changing

00:18:39.920 ben what officers through the flashbangs was it local law enforcement or was it more ice

00:18:47.040 in customs and border patrol or border patrol who threw the flashbangs grenades uh it was it was

00:18:55.200 ice and so it came out of the federal building and we're in bloomington technically we're right in

00:19:00.080 between uh st paul and minneapolis it's the sheriff's department though that's working with them so it's

00:19:05.600 actually the sheriffs are actually providing the security so excuse me it was the sheriffs that did

00:19:10.560 the flashbang the guys that are all suited up right now those are those are uh county sheriffs that are

00:19:16.000 here providing security for the uh the federal building okay hang on

00:19:19.680 you're saying the sheriffs that were deployed which we haven't seen before not ice actually

00:19:27.520 threw the flashbang grenades you sure about that i from what i could see these are the guys pushing

00:19:34.400 the guys in the street i didn't actually see who threw it but it came from the guys swatted up and

00:19:39.760 they're all sheriffs ben what is the uh are these protests you told us uh yesterday that this weekend

00:19:47.920 was going to be a massive uh demonstration of antifa and all these outside groups are all pouring into

00:19:53.360 um minnesota minneapolis i thought i would assume that would have been called off given the fact that

00:19:58.800 homan said hey we're gonna we're gonna try to de-escalate here of course the president said last night

00:20:03.440 we're not pulling any of the ice people out uh so what ended up why did why did we end up in a

00:20:08.960 situation where you've got a protest today well because look the base of the democrat party doesn't

00:20:16.000 want any deportations that's it's again we they chant no borders no walls no usa at all so it doesn't

00:20:21.520 matter if they you know president trump or tom holman say we're going to we're going to stop the the street

00:20:27.680 raids uh and and you know walking the streets and doing arrests on the streets we're going to do

00:20:31.840 targeted enforcement to the base that's out here they don't care that they don't want any deportation

00:20:38.000 so you're not going to see anything change they want a ball ice abolished so nothing's going to

00:20:42.160 change you're going to see this increase increase increase again until the 2026 elections uh this is

00:20:47.360 going to continue to increase and it plays right into the this whole argument over the debt ceiling and

00:20:53.200 this debate with schumer and and you know potentially compromising which would be an absolute disaster

00:20:58.720 for maggot okay let me ask you right there i want to get first let me go back to homan 0.98

00:21:05.360 in your understanding with your sources my sources say hey they've got all the ice guys are essentially

00:21:12.000 standing down they're going to do targeted raids but right now no no street patrols is is that although

00:21:18.160 the president said i'm not withdrawing any ice officers or any of the three thousand right now

00:21:23.200 they're not doing street sweeps they're not doing what we've seen over the last couple weeks is that

00:21:27.120 your understanding that's what he said uh and and the he never answered the question the question

00:21:34.400 was brought up in the press conference is that just for minneapolis or is that nationwide as far

00:21:39.680 as i know that's not a well again it's it's questionable there was a memo that went out to

00:21:44.960 border patrol apparently saying that as well um we'll wait and see but i i can tell you the only

00:21:50.240 reason those street sweeps or whatever you want to call them were going on was because of the sanctuary

00:21:55.120 policies and because of the activist organizations that were obstructing ice from even doing the

00:22:00.400 targeted enforcement so when you go and sit on a house you're doing surveillance on a house with

00:22:04.320 an admin warrant you're sitting there for four hours uh that gives the activist time to surround 0.98

00:22:09.200 your vehicle and attack you so the the leftists knew that the activists knew that so they're they're

00:22:14.800 fine with the target enforcement because they they can obstruct them all we're coming in hang on i'm

00:22:19.120 gonna get out of the shot let me get let me get it looks like the sheriffs are coming back in here

00:22:22.240 they're they started throwing objects on the cars

00:22:28.320 and but yeah everyone you see in swat gear right now every one of those guys that i can see are

00:22:33.520 sheriffs i don't know if you can zoom in on any of the vests

00:22:38.400 i don't see any dhs any border patrol or ice out here it's all sheriff all local law enforcement now

00:22:46.160 now ben you would agree that that is different than what we've seen we haven't seen the sheriffs or

00:22:51.040 the or the metropolitan police that engage today correct and this and this is such a and this is

00:22:56.800 such an important point this is the difference between why what you see in in places like florida

00:23:02.560 and texas why the operations uh you don't hear about the attacks you don't hear about people getting

00:23:07.360 shot for the most part other than illegals uh criminal illegals that you know they're going in

00:23:11.520 and doing criminal warrants on or shooting inside the house this is this is the difference in places

00:23:16.960 like minneapolis is you don't have law enforcement you didn't have law enforcement working with ice

00:23:23.760 or border patrol well people people hang on a second all right so this is the big difference

00:23:30.240 this is a big difference when law enforcement works with ice then you get a perimeter of protection so

00:23:36.720 when you get things like like this that happen and ice operations are happening you get a perimeter and

00:23:42.640 you have security when when you have a sanctuary jurisdiction they don't they don't protect the

00:23:48.080 law enforcement ice officers and it allows things like the alex freddy to happen like the uh renee good

00:23:54.000 to happen so you want to blame anybody for their deaths besides their own actions it's the fact that

00:23:59.040 they allowed this there are no illegals well if you can uh ben ben ben ben let's focus on us okay not

00:24:09.920 focus on her we're doing the interview not her um ben you asked a question yesterday of homen

00:24:17.360 about any of the groups financing this or in back of this and he said stand by uh people are going to

00:24:22.480 be held accountable do you have any updates of anybody you've checked i've done some checkings

00:24:27.200 and people say there's massive investigations underway with treasury with irs with doj but have you

00:24:33.040 heard anything from homenstein uh so i know they're doing the the investigations on that um

00:24:40.320 apparently there are arrests that are coming ironically i don't know i haven't seen the details

00:24:45.040 on it but apparently don lemon got arrested but as far as the organizers the leaders behind it

00:24:50.160 what he told me was they're working on the investigation and arrests are coming

00:24:53.920 uh ben uh this uh this bill uh ben focus focus uh ben uh the bill that's up in and now in the

00:25:06.640 senate and you've got this thing in the house there looks like we're going to shut the government down 0.94

00:25:10.880 this democratic part of the bill where the democrats are saying that uh you got to have body cameras you

00:25:16.640 can't wear a mask i mean they've got a whole litany of things so they're going to carve that out and for

00:25:21.760 two weeks they're going to pass everything else keep the government open in two weeks negotiate

00:25:26.160 that we just heard i've talked some people in the house today they're not sure the house would

00:25:30.160 even pass that even consider it anything that you've heard about that or how big a difference

00:25:34.320 would that make in the ice efforts uh if they pass that bill uh and and they remove those those

00:25:42.320 actions and those abilities from ice by the way it is getting a little hostile here steve

00:25:47.680 just okay uh it it will it will destroy the base of maga we talked about excuse me it will destroy

00:25:55.760 the base of maga this is and by by the way chuck schumer is one of the guys who signed off

00:26:01.040 on on grants going to these open borders leftist organizations but there's no way you cannot bend

00:26:07.680 right now anybody who votes for this yeah go ahead steve cannot bend the great report great

00:26:13.840 report ben once you get someplace a little quieter and we'll come back to you later okay great report

00:26:18.640 don't engage in a debate ben you're not going to debate this is not debatable okay thank you ben

00:26:23.840 burquam you see right there the savages in the streets this is what the uh this is what uh the ice

00:26:31.840 agents have to put up with every day ben burquam's just reporting on an american street a story

00:26:36.880 and uh and and what's happens you you see there's nothing but savages that's why you can't bend the

00:26:43.360 knee to this you can't look the other way and all the pontificating on fox news and the wall street

00:26:48.240 journal and the uh and the wusses in the united states senate and the pressure that's coming from

00:26:54.000 from the house on the president and on christy noem on steven miller steven miller and christy

00:26:59.840 noem should not go anywhere they've been giving great advice to the president look it's not christy

00:27:04.800 noem or steven miller or commander bovino or tom holman uh or real america's voice and ben burquam

00:27:12.960 or steve bennett we did not bring 15 million yes ma'am illegal alien invaders into the united

00:27:22.160 states of america and i'm sorry to break your heart precious but they are illegal and they're all going to

00:27:28.000 go home and this is what you've got because right there what you saw on the streets attacking ben as

00:27:33.920 he's just trying to give you a report and information are the very folks that want to destroy this

00:27:38.400 republic so we can either bend the knee to them or blank or say fine we're just going to walk away and

00:27:44.560 go live our lives or you can get down into it and say no all illegal aliens just not the criminal

00:27:52.240 illegals but all illegal aliens are going to be sent back to their point of origin full stop

00:28:01.920 full stop they're going to try to intimidate you they're going to try to shut you down

00:28:07.200 it's going to who blink you saw the president last night hey i'm not withdrawing any forces

00:28:11.360 and the more of this he sees the more that he sees now you got the sheriffs involved there

00:28:16.880 and you see the sheriffs just do some flash bangs these are local law enforcement finally getting

00:28:22.160 into the fray everybody's going to have a belly full of this quite quickly short commercial break we're

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00:30:02.720 okay um you see what's happening on the streets okay so i think we're going to end up shutting down

00:30:14.640 the government tomorrow i don't i can't imagine the house gets their arms around this like i said

00:30:19.040 they're going to try to prove all aspects of the government are basically six big bills for the

00:30:23.760 government carve out dhs and have a two-week negotiation on that now here's the problem

00:30:32.000 what has been listed that they're going to negotiate is you can't i mean it's taking the mask off the ice

00:30:37.360 officers it's body cams on the ice officers um it is um changes in techniques of the sweeps that they do

00:30:46.000 most important there's a bunch of other stuff most importantly

00:30:48.640 they require they're going to require a warrant for every time that they have a an action or every

00:30:55.360 time that they see have probable cause it's just not going to happen the democratic party the radical

00:31:00.160 democratic party and don't sit there for all those guys like chris murphy and all those guys look like

00:31:03.920 a church vestry men uh that they're so moderate you know the roy coopers of the world although he's

00:31:09.360 running for governor of north carolina but that type that kind of older white guy who looks like he's you

00:31:15.200 know calm and you know a safe pair of hands these people are radicals if you agreed with those

00:31:23.120 uh items you would not deport anybody we have to draw a line and we have to have standards

00:31:30.400 if you're here illegally you're going home you're leaving you're not going to live here you're not 1.00

00:31:35.840 going to have health care you're not going to have uh you're not going to be the education system your

00:31:40.160 kids aren't going to go to school i'm sorry somebody has to stand up for this country america first

00:31:48.800 this is about the sovereignty of our nation just to make sure you understand the scale of it

00:31:52.720 there's 12 to 15 to 20 million can you imagine sitting there in world war ii and telling george patten

00:32:01.360 and omar bradley and chester nimitz and douglas macarthur that uh 80 years after they led us this

00:32:09.760 victory and all the blood and turmoil that we shed much less the russians and the lao baijing 1.00

00:32:16.320 and fighting japan and italy and the nazi germany that that brutal uh that brutal um

00:32:24.800 sweep across the pacific a place like pelelu and terawa where we have clear pascal coming today that

00:32:30.560 that's american territory given the blood of the marines every one of these is big and

00:32:34.960 as horrendous as normandy if we told those folks hey folks at the end of those battles

00:32:41.520 by the way in about 80 years there's going to be 15 million people who are not citizens going to evade

00:32:47.680 our country by a president who was illegitimately was not illegally elected going to have an illegal

00:32:54.080 president and a illegal regime and what they're going to do is they're going to make it so 15 million

00:33:00.400 people and strategically put them throughout the country so you get this semayin situation

00:33:04.800 that's that's what you're fighting for it doesn't matter they wouldn't believe you

00:33:10.560 they couldn't believe you go back to the 1940s they would say what are you talking about that will

00:33:14.160 never happen in the united states what did lincoln say that uh any any destruction of this country would

00:33:21.440 come internally that the greatest powers on earth and attila the hun and the roman legions and caesar

00:33:27.440 himself the greatest armies in the world could not for a second what dipped their hand in what the

00:33:33.920 ohio river not one could not take one drink of water in the ohio river impossible he said impossible to

00:33:42.400 conceive it and they were on the cusp of a civil war

00:33:46.000 what he was telling hey we can only do this to ourselves

00:33:52.560 this is worse than the civil war in in many regards obviously not the slavery issue but in some of the

00:33:59.600 other issues that they fought about and and and what the insurrection is in the south and i come from

00:34:05.520 richmond virginia so you're you're taught the military history and the history of the confederacy

00:34:11.120 basically every day of your life as a little kid but this is actually far worse because we have 15

00:34:17.600 to 20 million people who are not citizens in this country and now you have an entire credential class

00:34:23.520 that's out of their mind and you have elites all over the world the chinese communist party

00:34:29.280 and uh the mexican government and i dare anybody to refute the research peter schweitzer has done it's

00:34:34.240 the reason the book's in new york times number one bestseller it's the number one bestseller because

00:34:39.040 it talks to you about the people that are in back of this what's the subtitle her american elites and

00:34:44.240 foreign powers used immigration as a weapon they use it as a weapon against this country and against 1.00

00:34:49.840 you the citizens of this country particularly the african-american hispanic and white working class

00:34:57.280 that's who they're replacing that's who they're replacing so they can have a more malleable

00:35:03.920 crowd but they all have to go it'd be so easy for everybody in the size be so easy for everybody

00:35:10.000 so easy for president trump to say no it's too hard they get too many whistles they have too many

00:35:15.440 you know they they're going to sit there and yell and bend burkham's face there are no such things as

00:35:19.920 illegals well ma'am i beg to differ there are and there's at least 15 million here and they're all going 1.00

00:35:28.320 to go whether you throw a temper tantrum whether you throw your toys out of the pram whether you

00:35:32.320 whistle whether you cry whether you have uh uh what you did with uh you know the nurse remember he was

00:35:39.120 so calm as president trump said i think his stock is going down you see how out of control he's a

00:35:44.000 domestic terrorist he's a violent domestic insurrectionist terrorist that's what he is

00:35:50.320 that's what he is and you see it in living color in that shot uh in that shot where he goes after the

00:35:55.680 car and goes after the agents he's out of control like these people are they've been this is the

00:36:01.120 formation they've had they're demons you're dealing with a demonic power you have to understand that

00:36:06.880 you're either going to stand in the breach and have people's back but the senate it's so disturbing when

00:36:14.160 you i hope the house kills this thing today i mean i would say all of those are non-negotiable

00:36:19.440 it's non-negotiable if you take the mask off all their family's going to be doxxed and they're

00:36:24.960 going to be terrorizing their families you can't do it the individuals you're not going to have a

00:36:28.640 force they know that that's what they're asking for it the body cams are going to make it easier

00:36:34.240 to sue this they're going to make it a bit ability you see that crowd right there around ben burquham

00:36:38.080 they get to sue the the sheriffs the sheriffs now not ice the sheriffs throw a flashbang grenade and

00:36:43.440 they get to sue oh you know i can't i got a ringing in my ears well that's too damn bad it's going to get 0.62

00:36:50.880 worse this weekend and you got them all cheering on you got all the media you got all the cultural

00:36:55.280 people they're all cheering them on you see the same crowd bruce springsteen that's why we we play

00:36:59.680 that i we play that song the streets of minneapolis so that you're sitting there's pulling your hair

00:37:04.640 out going please stop i want you to fully understand what's going on here it's your own whistle into your

00:37:11.600 own ear and we can't say enough chief commander bovino america says thank you or at least the

00:37:20.240 little slice of america that is the war room posse and we realize it's a small slice that's okay we

00:37:26.800 punch way above our weight we're fine with that but they say thank you you're a hero and we'd love

00:37:32.960 what you did there okay we're not brett hume all these guys because it's the same crowd that always

00:37:39.200 blanks let's go back in time brandon weikert joins me an author that's written so many great books

00:37:45.520 including one about iran in the in the craziness of the mullahs in the um in the uh in the ayatollah

00:37:52.320 and everything about the the the revolution that threw out the um the throughout the shah he's now 0.68

00:37:56.880 working on a book about hemispheric defense and brand is one of the smartest guys i know about strategy

00:38:02.400 you know what what interests me here is that the people that are getting soft and and blinking

00:38:07.920 right about here the call rose and the and the lindsey grahams and the brit humes you know he's

00:38:15.280 got he gets all puffed up right gets all puffed up like a big old toad when he starts giving he starts

00:38:20.080 thinking deep thoughts you're going to give me some deep thoughts um that entire crowd were the same

00:38:26.240 crowd they did two things number one it's the same crowd that had the pom-poms out cheerleading

00:38:32.080 we had to go to iraq we had to go to iraq they're gonna be throwing roses you know crystal

00:38:36.560 on the crowd being throwing roses in the streets and they're going to be welcoming us and embracing

00:38:41.040 it's going to be like paris in 1944 in july and august of 1944 that's what's going to happen in baghdad

00:38:48.720 and as soon as that didn't happen and it got tough and those kids and those young american uh

00:38:54.160 men and women that were there it looks like minneapolis right it looks like you got a small contingent

00:39:00.960 of military there and these crazies in the street terrorizing them every single day and these are

00:39:06.880 the first guys to cut and run fox news stopped showing anything about the iraq or afghan war except

00:39:13.120 what they were kind of forced to show about some of the combat it was pretty obvious i know because

00:39:18.080 i talked to senior fox executives time when i launched breitbart jerusalem and breitbart rome and

00:39:23.760 breitbart london they told me no what are you doing nobody cares about international news they don't care

00:39:28.720 about that we can see that from our ratings on when we cover the war and i said well hold it you

00:39:32.960 guys were the biggest cheerleaders the war now that gets a little tough you just want to look the other

00:39:38.240 way and the best guess what i'm gonna give you a surprise it's the same cheerleading contingent 0.97

00:39:43.920 that want us to go over and bomb the ayatollah right now they're like they're like they're foaming 1.00

00:39:48.640 at the mouth they just can't wait to do this brandon what your strategic assessment right now we

00:39:54.560 are putting the assets into place uh that would give the president a a broad range of options your

00:40:00.720 thoughts sir i think we're going in uh i think uh you know the last time we did it i got the day and

00:40:07.760 almost to the hour correct of when we did operation midnight hammer and that's just because i can read

00:40:13.200 the room um trump is being given really awful advice he's being given advice from those people you're

00:40:20.000 talking about we know the president also likes to listen to the fox news crowd as well understandably

00:40:26.160 it's his generation and you know he he puts a lot of a lot of stock in that unfortunately that that group

00:40:31.920 are all on board with this war and therefore it's created a feedback loop i believe in the white house

00:40:38.800 that carrier that we deployed is positioned just over the horizon and it's very interesting to me because

00:40:44.880 even though there's all this pom-pom waving people in dc understand that the carrier is highly vulnerable

00:40:50.960 to iranian anti-ship ballistic missiles so they're keeping it tucked away right behind oman uh keeping

00:40:58.560 it out just out of range but that won't last for long uh but the president i think has been given

00:41:03.840 really bad advice and i think he's going off that advice and i think in the next week we're going to be

00:41:08.640 dropping bombs on iran and steve what that means is those are not going to be limited targeting only

00:41:14.560 nuclear sites that's going to be targeting the regime and that's a very different thing than

00:41:19.120 what happened last summer and that means the regime is going to be in a use it or lose it mentality

00:41:24.240 they built up one of the region's largest missile cities they have missiles that will annihilate 0.86

00:41:29.520 tel aviv and haifa they also have their partners in the houthis they also have hezbollah to the north

00:41:34.880 of israel they are going to slam israel for days and then they're going to seal off the strait of 0.97

00:41:39.680 hormuz and now i've talked to a former navy submarine captain who poo-pooed this whole thing

00:41:45.040 of mine and said no no i i know these these sub commanders they've been they've been planning to

00:41:49.760 break open the strait of hormuz but as i pointed out and he didn't refute this uh even a temporary

00:41:55.440 shutdown and it would be temporarily shut down at least of the hormuz straight uh will spike the price

00:42:00.960 of oil catastrophically at a time in which the u.s dollar is at its weakest the worst case scenario steve of

00:42:08.240 a strait of hormuz closure is 90 to 130 barrel um uh per gallon uh oil which basically means that

00:42:17.120 you and i are going to be paying exponentially more at the pump and that's going to destroy

00:42:22.400 the economy look look i just want to go back in time this is why i was so opposed to the regime

00:42:30.000 change the first time israel they couldn't finish what they started that's right we had to become 0.97

00:42:34.400 a combatant and i'm so and i'm sorry if that hurts people's feelings i'm just giving you the facts

00:42:39.360 uh we had to step in immediately and provide the aegis cruisers in the eastern med we had to provide

00:42:45.040 patriots fads the navy submarines come up with potentially ability to strike with the uh with

00:42:51.760 the tomahawk missiles um tel aviv and and this is a fact talk to your friends in israel tel aviv was

00:42:59.360 getting hammered when president trump came up with the concept of the massive expeditionary strike

00:43:04.400 of of the b2s and then the the the submarines with the tomahawks to as he said hit it with total

00:43:11.680 obliteration of which we now know because the times of israel has released the war cabinet meetings we

00:43:18.240 know that was not an emergency it was two years according to what they told the cabinet but tel aviv was

00:43:25.120 getting hammered this has never been reported really factually it was getting hammered let's

00:43:31.680 i tell you we're going to take a break this is one of the reasons president trump did it to shut the

00:43:35.440 whole thing down and stop it that is one of the fears right now that's why the israelis didn't push

00:43:39.760 this for a couple of weeks ago so we'll get into all the technical details short commercial break big

00:43:45.760 news out of georgia to an amazing report that we're going to have everybody read about what happened

00:43:51.200 we will break till they're all gone we rejoice when there's no more let's take down the cc 1.00

00:43:59.760 imagine having the world's most connected financial insider feeding you vital information

00:44:05.360 the kind of information only a handful of people have access to and that could create a fortune for

00:44:11.840 those who know what to do with it that's exactly what you get when you join our frequent guest and

00:44:18.560 contributor jim records in his elite research service strategic intelligence inside strategic

00:44:26.400 intelligence you'll hear directly from jim and receive critical updates on major financial and

00:44:31.680 political events before they hit the mainstream news he'll put you in front of the story and tell you

00:44:38.080 exactly what moves to make for your best chance to profit as a proud american you do not want to be

00:44:44.800 caught off guard sign up for strategic intelligence right now at your our exclusive website that's

00:44:50.960 rickardswarroom.com rickardswarroom.com you go there you get strategic intelligence based upon predictive

00:44:59.760 analytics do it today right now rickardswarroom.com war room here's your host steven k band

00:45:09.040 brandon just back on technical detail why would they want so the regime is very uh damaged because

00:45:20.000 of president trump's sanctions clearly the military operation the expeditionary strike

00:45:25.280 on the nuclear weaken them i think as much with their people as as military damage over and above

00:45:32.080 whatever nascent uh because it was nascent uh nuclear program they had um but uh it's president

00:45:40.640 trump's sanctions that brought have brought the country to its knees and brought people onto the

00:45:44.480 streets because the economy is so bad why would they stop why would they block the straits or her moves

00:45:49.920 yes obviously cutter uae saudi huge and this is one of the reasons i think uae doesn't want to go

00:45:56.720 as big gunslingers over there but the only way they get cash from the chinese communist party they

00:46:02.640 have to get that through the straits or moves i've been an advocate of a naval blockade in a quarantine

00:46:07.760 on their oil because their oil is supposed to be sanctioned anyway the cash flow they're getting from

00:46:11.280 the ccp so why would they if if they block or moves themselves surely they put the gulf emirates 1.00

00:46:17.360 in jeopardy but those guys got a lot of cash to fall back on the the the moolahs are hanging on by

00:46:23.680 their by their by their thumbs are they not but they are and the rate the regime may fall on its

00:46:29.200 own we don't need to do anything just let the people handle it in iran it's their business uh

00:46:34.080 but as for the strait of her moves this is my theory on this is since we would likely be targeting

00:46:40.240 not just military targets we would we would be targeting actual regime targets the rumor now is

00:46:46.320 the new york times take it for what you will is reporting this morning that commando raids are being

00:46:51.120 planned on a larger scale but similar to what we did with maduro um that could go um you know

00:46:57.760 upside down very fast the so in that situation though it's basically the end of the regime and

00:47:04.080 we're pushing it over the edge they're not just going to sit there and take it they're going to do

00:47:08.960 something drastic and they know or they think that shutting down the straits of hormuz would probably

00:47:15.840 do a lot of damage to us economically it might even uh force a quasi regime change here because

00:47:22.320 they know that the midterms are so close and that trump is really you know having trouble here because

00:47:27.680 people are not fully on board with everything he's doing so this might be part of the final fu uh the

00:47:34.320 iranians the regime give as their regime is collapsing and we're pushing it over the ledge so so you're saying 0.99

00:47:41.760 that that israel took huge hit in the massive tel aviv tel aviv i saw i saw pictures steve that are not

00:47:51.120 allowed to be posted but uh tel aviv was much more damaged than they let on yeah this is one of the

00:47:57.840 reasons president trump stepped in is no doubt the word was out that absolutely hammered netanyahu owes him

00:48:03.520 big so why what do you mean by that well look look uh in my opinion in my opinion uh had the iranians

00:48:13.360 continued with the operational tempo they were doing and with their size of a missile arsenal they were

00:48:18.800 probably going to completely annihilate the israeli economy that would have then forced a political

00:48:24.160 backlash against netanyahu which with all of his other issues he's dealing with domestically politically

00:48:29.600 he probably would have at the very least been kicked out of office and maybe even thrown in jail

00:48:33.860 by trump intervening with the uh you know very limited effective strikes that he did trump broke

00:48:40.820 that fever and he saved netanyahu politically whether that was the intention or not i don't know

00:48:46.600 but it certainly reset the game for another eight to nine months

00:48:50.600 what about why they've they slowed it down supposedly according to reports they slowed down a couple weeks

00:48:59.220 ago when president trump was thinking of this the first time they weren't ready do you think they're

00:49:03.300 any because my i've advocated we don't the persian people brought this on themselves they kicked us 0.89

00:49:10.080 out and the shah yeah hey the shah is no beauty right they had they had problems they kicked them out 0.98

00:49:15.680 they took the deal over uh they held us a hostage for what a couple a year and a half or a year and

00:49:21.200 15 months they they brought an islamic republic on themselves they wanted it people have to take 1.00

00:49:28.280 their destiny in their own hands if we do regime change from the top then all of a sudden you own

00:49:33.700 it and people say we're the 20 or 30 000 people being killed in the streets you know what that

00:49:37.940 that's a that's a terrible thing but it's not there are people here that it's really not our business

00:49:42.700 that's right yes that's there's there's not our business but the israelis knowing that

00:49:47.900 they are a jeopardy too and probably more jeopardy because of the the proximity why would they be

00:49:54.400 pushing this if you're arguing that you you don't think they're militarily ready now on the defensive

00:49:59.380 side too because clearly they weren't last time and or the we had to finish what they started so

00:50:04.420 why do you why do you say now they're pushing this well i think that they think that it's basically now

00:50:10.060 or never and netanyahu said this a few weeks ago we can take 700 plus missile strikes from uh from

00:50:16.620 iran so long as it means that the regime in iran is no more of course he said that while he was

00:50:20.860 hiding out in crete um but uh you know the bottom line here is the zionist regime is extreme the 0.90

00:50:27.180 islamist regime is extreme they're both operating off of these kooky you know notions and world views 1.00

00:50:33.520 and so they're both basically like these two two bulls circling each other trying to get the best shot

00:50:39.880 in first and so the israelis believe yes they'll they'll get struck but somehow with america's help

00:50:46.720 they'll be able to survive and then they will go on and it will be a completely broken down middle east

00:50:52.540 that they will then have hegemonic control over and this is the netanyahu plan for decades it's being

00:50:58.520 implemented it's in the final phases but i think it's going to blow up in their faces

00:51:01.800 if you we got about a minute uh i know you got to get back to work on this hemispheric defense book

00:51:08.580 you're working on if you were over in the oval office having a cup of coffee with the president

00:51:13.020 united states commander in chief this morning and you had a minute to give me your best advice

00:51:17.340 on 30 january where we stand with this entire thing knowing the assets are getting in place

00:51:22.080 what would you tell him i would tell him do not strike focus on the home front get the economy

00:51:27.160 fixed no no american voter in 10 months is going to care about how successful or unsuccessful well

00:51:32.800 they'll care if it's unsuccessful which it likely will be uh we will likely get stuck in another

00:51:37.080 middle east war i would say do not do this would you would you would you quarantine the oil would

00:51:42.240 you shut off the straits of her moves and have the navy blockade like they did in venezuela i 0.99

00:51:46.740 yeah i think we can we can that's probably more doable but do not strike do not get into a regime

00:51:52.380 change war not over this not now uh where's your where do people get you on social media you're putting

00:51:59.040 you're coming in a little hot on uh twitter where they go yeah well you so you can get me on twitter

00:52:04.600 at we the brandon or you can find me at uh i just got hired two minutes ago 1945.com harry casey anis

00:52:12.580 i'll be starting there on monday

00:52:14.360 thank you sir maybe have you back on monday tell us about the operation thank you sir appreciate you

00:52:21.840 one of my favorite guys is going to join us we are going to go uh there's going to be a press

00:52:30.740 conference just got called at the justice department with todd blanchard was just on with

00:52:34.840 us about a week ago we're going to go to the justice department and see what they've cooked up

00:52:40.220 today there's so much news going on signal not noise uh we've also got ordered to kill

00:52:46.600 the chinese comics party you know those beauties the industrial strength organ harvesting business

00:52:53.400 one of the operations they run that is so absolutely pleasant short commercial break back in a moment

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Bannon's War Room - January 30, 2026

Episode 5106： President Trump Picks New Fed Chair; Streets Of Minneapolis Continue To Burn

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