Bannon's War Room - Episode 5330： Strait Of Hormuz Remains On Alert; Virginia Supreme Court Hears Oral Arguments On Redistricting

00:00:00.000 This Iran conflict could actually lower energy prices over time, saying a longstanding Iran

00:00:05.820 terrorist premium has been keeping oil and gas costs at artificially elevated levels.

00:00:12.080 Maria, the historical context here is really interesting. It was Madison

00:00:16.880 and Jefferson who first cracked down on the Barbary pirates. They wanted tribute for ships

00:00:23.700 to sail around. And then a century later, Teddy Roosevelt sailed. The great white fleet established

00:00:29.560 this doctrine of peace through strength. This is where we are now with a fourth president, 0.73

00:00:34.780 a great president, Donald Trump, doing the same thing. I can't tell you what's going to happen

00:00:39.320 in the short run, but here's what's going to happen in the long run. It all works for the

00:00:42.760 United States and the rest of the world. What Iran has shown unequivocally is that everything 0.68

00:00:50.380 that comes out of that strait is going to move away from the Middle East, whether it's oil and 0.54

00:00:56.320 natural gas, helium and aluminum. What's interesting is that the U.S. is particularly

00:01:02.580 well positioned for all of that. We have a strong position producing both aluminum and helium,

00:01:10.180 as well as, of course, petroleum. And that's the long game. The other thing is, I think the Saudis,

00:01:17.760 Qatar, UAE, Kuwait, they all have to understand that there's going to be boots on the ground

00:01:23.220 in in that area. It's got to be their boots because it's time for them to protect their

00:01:31.480 interests. So that's where things are going. And if Iran thinks it can play the long game,

00:01:37.380 it's not going to work because the long game basically takes them out of the whole equation. 0.96

00:01:42.160 And that's where things are headed right now. Core pressures are more subdued. But doesn't

00:01:47.700 energy create a spike of inflation, even if it is just temporary?

00:01:53.680 Well, let's start with that. Both Greenspan and Ben Bernanke, when they were managing at the Fed,

00:02:01.960 had oil price shocks to contend with. And both of them were consistent to say that you never

00:02:08.620 raise interest rates in response to a supply shock. And you could well lower interest rates

00:02:14.900 because the supply shock of oil is very different from, say, demand inflation.

00:02:20.740 If you look at what the legacy media says, every time a report comes out,

00:02:25.000 and, Maria, you cover this, every one of these reports that come out,

00:02:28.260 they're always, like, running around with their hair on fire, screaming, inflation, whatever.

00:02:32.860 But the data, what the data tells us, Maria, very clearly is that the core rate continues to trend down

00:02:40.520 towards the 2% target. Manufacturing has begun a robust recovery, as one would expect

00:02:49.360 from the Trump tariff policies that are attracting a lot of investment onshore.

00:02:56.060 And we, as an economy, are well positioned. I think one of the reasons why the market has been

00:03:01.680 so resilient and bullish is because traders vote with their dollars and they understand what the

00:03:08.860 underlying elements are. We're going to have to watch this carefully. The lived experience of

00:03:14.820 Americans still is troubled by some of the things going on. I'm doing a lot of work with the

00:03:22.780 Department of Justice and Brooke Rollins over at the Department of Agriculture working to deal with 0.72

00:03:30.460 higher meat prices, big beef, pork, chicken, shore, drought's a big problem. The Biden

00:03:38.620 administration did us no favors by shutting down a lot of grazing land. That was catastrophic.

00:03:45.100 Can you, when you're on Maria next time, can you give a footnote as I, when you're talking about

00:03:50.060 the straight and the Barbary pirates and all the solutions, can you just give a footnote? Say,

00:03:55.500 Hey, Maria, I just want you to know I lifted this from Steve Bannon's and Eric Bolling's monologues,

00:04:00.940 Two Guys You Know Well.

00:04:01.980 Can you do that for me, Dr. Novark?

00:04:03.560 Is that doable?

00:04:04.900 I was channeling my language.

00:04:06.420 That's a direct.

00:04:07.000 That's a direct.

00:04:07.580 I was channeling Madison and Roosevelt.

00:04:11.520 I think they were a little before you.

00:04:13.280 But, yes, Steve, it's a chip of the cap to the admiral.

00:04:17.560 Because what I love about your show, among other things, is the historical context.

00:04:22.140 You always put things in it.

00:04:23.120 If we take you back to 1801, right, at the dawn of our republic, Jefferson's dealing with these potentates over in Libya, you know, the shores of Tripoli, right, the Marines,

00:04:39.580 uh, Tunisia and, and, and, and, uh, this whole Barbary Coast set of pirates were demanding

00:04:47.660 tribute for passage through what was open waters. And, um, Jefferson said, nah, I don't think so.

00:04:57.760 Fought that. And then 14 years later in 1815, Madison basically finished the deal. And when

00:05:04.020 the second Barbary Coast War wiped them out. And that inspired Roosevelt in 1907 to float the

00:05:11.500 great white fleet around the world. See, that's where the whole concept of peace through strength

00:05:17.680 was born. It wasn't with Ronald Reagan. It goes back to Roosevelt. And we have a very similar

00:05:24.240 analogy here. If Iran thinks that they can turn the Strait of Hormuz into a pirate alley where 0.93

00:05:32.660 the rest of the world's got to pay them tributes in the form of tolls uh that's not going to happen

00:05:38.340 and and they need to recognize the longer game that's going on you're going to see steve

00:05:45.840 a far more rapid adaptation um in that neck of the woods uh basically as the world adapts they're

00:05:55.400 going to buy more and more oil and natural gas more and more helium more and more aluminum

00:06:01.020 or more fertilizer, well out of the way of the Strait of Hormuz, so they don't have to worry

00:06:08.460 about it. The countries that actually produce these things there are going to find alternatives.

00:06:16.640 And what Iran has shown us, and if anybody needed to be shown this again, I mean, 0.98

00:06:21.600 days back to 1979, they simply cannot be trusted to act as a responsible party in world events. 0.98

00:06:30.440 They just don't. They're pirates, and they want to hold the world hostage.

00:06:37.980 And I think it kind of puts an exclamation point on why you don't want to give them nukes.

00:06:43.260 I mean, can you imagine if they had nukes now? They'd be hitting Saudi, Kuwait, Europe.

00:06:49.940 So this is the hand we're dealt.

00:06:52.720 I mean, you said very often you didn't want this to happen, but now that we're in it, we've got to win it.

00:07:00.440 I'm going to emphasize victory has a very long-term benefit here for the American people

00:07:07.500 in terms not just of peace in the region, but of economic benefit, sir.

00:07:13.100 But I think it was good that the president's not playing.

00:07:15.880 As you know, Peter, one of his phrases he uses internally a lot is no games, right? 1.00

00:07:22.140 And the Iranians were playing games. 1.00

00:07:23.900 No need to send Jared and Whitcoff, Steve Whitcoff, over there. 1.00

00:07:27.760 like he said, a 17-hour flight to get jerked around by these guys.

00:07:32.640 But they did come back when President Trump canceled it and dangled out

00:07:36.680 because you can tell the blockade is hurting.

00:07:39.520 Of course, they do have, and Bolin's going to get to it in a second,

00:07:42.860 I think only four ships have gone through in the last 24 hours.

00:07:45.120 They do have a pretty good grip on Hormuz, at least right now.

00:07:49.340 They've dangled that out in front to do that, and we'll get to the nukes later.

00:07:56.440 Of course, it took years to even do the Obama negotiation, which wasn't great.

00:08:01.660 I just don't see President Trump doing that.

00:08:03.500 I don't see these guys toying with him on his number one priority, which has been the nukes, sir.

00:08:12.920 Steve, one other thing I want to observe here, again, historically, if you go back to 1801 or 1815 or 1907,

00:08:22.420 Jefferson, Madison, and Roosevelt, you didn't have the opposition party and the newspapers at the

00:08:31.240 time basically stirring up all sorts of propaganda that the Barbary pirates themselves could use

00:08:39.640 against the United States. And that's a very different situation now. You have a coalition

00:08:44.780 that we've seen dating back to 2016 of Democrats who want to control the powers of government

00:08:52.860 and the legacy media who simply hate Donald Trump providing aid and comfort to the enemy

00:09:00.480 in terms of raising all these questions about what Trump is doing, whether we can do this or

00:09:07.120 that or whatever. And look, it's, it's, I don't want to call it treason, but there's a fine line

00:09:15.760 between loyal opposition and treasonous activity that undermines us when we are in a war. And I

00:09:27.200 think that it's high time for the media and the Democrats to get a hell of a lot more responsible

00:09:36.380 than they are now it's it's um it's troubling to say the least i think i think hella frees over

00:09:44.860 first dr navarre you're doing great work on trying to get a growth wage growth this affordability

00:09:51.880 issue which is a construct of the of the democrats you and scott and the rest of the

00:09:56.760 asset are working non-stop on that you're putting up these clips and these videos where do people go

00:10:01.340 to get all this information because you guys are putting up a lot more stuff than the media's

00:10:05.800 pushing out. So where do they go? PeterNavarra.com. PeterNavarra.com. That's the gateway to X,

00:10:14.020 Getter, True Social, Substack, and Instagram. And I try to provide messages in forms

00:10:24.840 that different people like. I mean, people are loving these 60-second videos because they really

00:10:31.540 kind of quickly capture what's going on uh the longer versions in substech and all the op-eds

00:10:37.760 i'm doing and i appreciate you know the washington times washington examiner uh and others that are

00:10:44.760 printing uh this material and peternavaro.com will take you through that gateway sir and i appreciate

00:10:50.760 what you do steve dr navarro who won the 2020 uh presidential election sir

00:10:56.880 Donald J. Trump, all you have to do is read the unrefuted and undisputed three-volume Navarro

00:11:07.180 report at PeterNavarro.com. And I'm glad you mentioned that because tip of the cap to Senator

00:11:13.520 Chuck Grassley and his top aide, Josh Brown, they are digging deep and getting to the bottom of what

00:11:21.620 There's a long-running attempt by the left and woke rhinos dating back to 2016 to the end of the 2024 election to basically overthrow the government and take Trump out.

00:11:37.780 And if you look at the ways that was done, and by the way, Solomon's doing God's work here as well. 0.65

00:11:44.740 I'm waiting for our deep state bureaucracy here, and they fight Trump every way.

00:11:50.940 They fight cash every way. They fight tot every way to release the documents on the CCP manipulation in the 2020 election, which is really going to, I think, open some eyes to the people in America across the political spectrum.

00:12:12.620 Dr. Navarro, thank you. Look forward to having you back when those start getting released, which is supposed to be shortly.

00:12:19.820 18 states, I think. Thank you, sir.

00:12:24.780 Eric Bolling, what's been the traffic through Hormuz over the weekend, sir?

00:12:29.640 Wow. Wow. Seven vessels in the last 24 hours as of this morning, Steve.

00:12:33.460 So substantially reduced, I guess, because Iran is claiming they're holding the strait closed.

00:12:39.240 then we have a U.S. blockade on any Iranian ports in and out,

00:12:43.560 any shipments of Iranian anything in and out.

00:12:46.240 There's so much going on right now in the oil markets.

00:12:50.100 You tell me how much you want to hear now if you want to stick around and hear more of it.

00:12:54.520 Is that seven because our blockade is supposed to be for Iranian ports only, 0.82

00:12:59.580 and I think it ought to be for everybody. 1.00

00:13:01.260 Make them all hurt, you'll get to a solution, 0.82

00:13:03.800 particularly if the Chinese are taking oil out of Saudi Arabia or natural gas or oil out of UAE. 0.98

00:13:13.180 We got about a minute.

00:13:14.180 Is that seven in the last 24 hours?

00:13:15.720 Is that total or is that just non-Iranian vessels?

00:13:19.300 That is total traffic transiting the strait right now down from 140, 150 per day.

00:13:27.520 And remember, Steve, the Uranians are trying to offload some oil a little bit outside the strait

00:13:31.800 into the Gulf of Oman, ship it black, make it go dark, no flags on it, ship it, transfer it,

00:13:38.740 blend it and flag it in another country. They're trying to get around it that way. But for right

00:13:43.900 now, it seems like the shipping industry, not only just oil, but everyone is just not ready

00:13:48.620 to take the chance of getting caught in any sort of crossfire. Eric, hang on. I'm going to go,

00:13:55.420 when we get back to the break, we're going to talk about what the impact is on oil because the 0.97

00:14:01.880 The Iranians have offered or has been reported they've offered a proposal. 1.00

00:14:07.000 Like I said, who can actually execute on that proposal? 0.97

00:14:10.700 Do they actually have control of the pirate gangs down on the Hormuz?

00:14:16.460 You've seen Hormuz, the coastline there.

00:14:18.340 It looks like the Rocky Mountains or the surface of the moon.

00:14:21.040 Take your pick.

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00:14:41.920 Yes, the age of Trump.

00:14:44.620 I think President Trump confirmed that, right?

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00:14:49.100 Major, major forces in American history.

00:14:52.580 You get to Philip Patrick and the team.

00:14:54.920 That's key.

00:14:55.700 It ain't the price of gold.

00:14:56.880 It's the process that drives the value of gold.

00:15:00.120 Everyone's focused on how the conflict in the Middle East is raising oil prices,

00:15:03.860 but there's another grim reality to this contention.

00:15:08.320 Oil isn't the only resource being constrained.

00:15:10.740 About one-third of global fertilizer trade happens through this region.

00:15:15.640 And with spring planting season on top of us,

00:15:18.080 American farmers are sounding the alarm,

00:15:20.400 with some saying they can't afford to plant their fields.

00:15:23.460 When one piece of the supply chain gets hit this hard,

00:15:26.440 you know what comes next higher food prices reduced availability maybe even panic buying

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00:16:25.380 Here's your host, Stephen K. Band.

00:16:28.820 This Monday's on fire, folks.

00:16:31.220 We've got so much going on. We're juggling so many balls.

00:16:33.540 The Supreme Court just came out and handed down a ruling

00:16:36.700 that reverses a lower court in Texas.

00:16:39.820 So the Texas map is good, according to the Supreme Court.

00:16:43.300 Also in front of the Supreme Court, they're arguing today, I think, Roundup.

00:16:46.360 So they'll make America healthy again.

00:16:48.060 We'll have a report on that at 5 o'clock.

00:16:50.440 The Virginia, I think the Virginia Supreme Court has already finished.

00:16:53.540 They started at nine. Patty Lyman is going to join us here and we're going to try to get Jeff Reier on tonight.

00:16:59.180 Talk about that. The Santa's put out his new map that shows the demographic changes.

00:17:04.740 There's an arraignment for the would be assassin at one. There's a press briefing at the White House at one.

00:17:12.000 Also, they're having a meeting, I think, over there right now about the protection, the federal protection services, the the.

00:17:18.840 the secret service all of it and of course the king of england shows up this afternoon and

00:17:27.520 somebody corrected me says it's not high tea it's it's afternoon tea i'm gonna get harnwell on here

00:17:33.340 for a minute and say that i don't know man the ritz the ritz carlton in um right there in mayfair

00:17:40.580 i think they call it high tea but we're gonna get harnwell in here in a minute but before that we

00:17:46.240 get it get down to the grubby world of money and power and military so what that what is the hell 0.98

00:17:56.200 is going on right now is that they've got this thing frozen up although we blocked it the chinese 0.91

00:18:00.380 got to be hurting on this but only one of the markets telling us about where the price of all

00:18:04.520 this is and is it being affected by now it looks like as much as you can trust this these guys

00:18:09.820 which is you can't they're putting out some proposal to try to get the pressure off them the

00:18:14.640 let's swap Hormuz. We open Hormuz. You take the blockade away, but we talk about nukes sometime

00:18:20.640 in the future, sir. Correct. Exactly right. Also, the grubby, dirty world of money, but oil money

00:18:27.180 is real dirty, and trading pits are even dirtier. So the vessel count, Steve, we'll start with that

00:18:32.660 seven in the last 24 hours confirmed, down from 140 average vessel count transiting the

00:18:39.820 Strait of Hormuz, which is putting upward pressure.

00:18:42.660 Oil right now, Brent is $109.

00:18:46.280 West Texas Intermediate, $98, pushing, headed towards $100, drifting up because no deal

00:18:53.980 over the weekend. 1.00

00:18:54.980 The Iranians walked before our contingency got there. 0.96

00:18:59.440 And yes, then they floated this idea, this insane idea, let's negotiate on the strait, 0.99

00:19:04.380 we'll negotiate on some sort of ceasefire, stop pounding us.

00:19:09.380 But we'll get to the nuclear thing later, we'll listen to Pete Navarro, he nailed something.

00:19:15.580 If they did have nukes right now, our allies in the Middle East would be hit with nukes

00:19:20.600 likely and guess where the price of oil would be?

00:19:23.280 Double or triple word is right now. 0.84

00:19:24.880 I will tell you, Marco Rubio said, quote, the US cannot tolerate Iran controlling the 0.96

00:19:31.200 straits. 1.00

00:19:32.200 That was a Rubio comment, that's valid.

00:19:34.760 And one more, these hedge funds, you talk about the speculators or the head traders.

00:19:39.360 There's a massive hedge fund that takes in institutional money, pension funds, insurance companies, and high-net-worth individuals.

00:19:46.380 Steve, it lost 52% of its value in the first two weeks in April.

00:19:50.520 52% of its multibillion-dollar hedge fund dropped.

00:19:54.120 Hang on. Hang on. Hang on.

00:19:56.300 You told me when these markets started bouncing around and guys were on the wrong side of trades, I would ask you, I said, how's it going, Eric?

00:20:05.520 I call him after the show. Eric goes, I see dead people.

00:20:08.800 So is this one of the ones you were talking about?

00:20:11.840 Yeah, I didn't see this one coming.

00:20:13.220 It's a very, very big.

00:20:14.720 When they call themselves a hedge fund, Steve, and I think this is an issue that they may get sued because they call themselves a hedge fund,

00:20:20.960 which would typically mean you're hedging some sort of supply or demand side of the equation.

00:20:25.860 These guys were just specking.

00:20:27.100 They were specking long oil, and they were buying it.

00:20:29.340 They were doing very well on the way up.

00:20:31.280 And that mini move down a couple of weeks ago, and then that big move down about 10

00:20:36.960 days ago cost them every dearly.

00:20:39.220 They bailed out at the low.

00:20:40.220 They couldn't take the pain.

00:20:41.220 There's blood in the streets.

00:20:42.220 And they sold on the low, and it bounced right back up in their faces, very typical for the

00:20:46.400 oil market.

00:20:47.400 May you just relate that to what Bartiromo said.

00:20:50.040 Listen, I respect Maria, but she's never been a trader.

00:20:53.320 She's never been in the pits.

00:20:54.320 I spent my lifetime in the pits.

00:20:56.400 I know now that the oil market is so fluid, it's so vast, that there's no premium for 0.87

00:21:03.680 Iran's fanaticism.

00:21:06.140 There's no premium oil because these positions move and it's liquid enough to change from 0.95

00:21:11.660 a long position or a short position. 0.99

00:21:13.680 So this idea that we need to do this because we'll pull away an Iranian sort of nuclear

00:21:21.600 threat premium in oil, that's BS.

00:21:24.140 There's nothing in there.

00:21:25.140 We can move things a lot faster.

00:21:27.200 I will tell you the idea of getting our oil companies into these countries to bring out

00:21:33.780 more oil because they can all produce more with our technology, with our expertise.

00:21:38.320 That is the premium that would be a negative premium, lower prices for oil going forward.

00:21:42.780 And I think Trump has that opportunity to nail that.

00:21:45.520 Now, one last thought.

00:21:47.700 Kinetically, if he goes back in, you're looking at $150, $180, maybe even $200 a barrel.

00:21:55.240 On the flip side of that coin, if Trump cuts a deal, a peace deal, you could see $70, $60

00:22:02.460 of oil relatively soon.

00:22:04.900 But what's the political capital to certainly the base, the mega base, or some of the people

00:22:12.660 who believe that end it now, the Maria Bartiromas who say, we got to end it now so we don't

00:22:17.240 have any sort of premium on oil going forward from their Iranian fanaticism, well, if you 0.95

00:22:22.800 do that, will you lose support from the people who just want to end it right now, kill them,

00:22:29.360 put them down, and rebuild their economy, their civilianship?

00:22:34.180 So it's all over the board right now, Steve, I'll tell you that, but drifting higher.

00:22:38.920 Well, he's the master negotiator, now he's got three carrier strike groups.

00:22:43.520 I think it will be some combination of this open up the strait for a little easing in the blockade with a real process.

00:22:52.620 Not we'll get back to it later, but he's got to see a real process.

00:22:55.900 And I mean a process of, you know, the enrichment of what's with the material they've got there.

00:23:01.100 All of it. I just don't see President Trump just saying, fine, we'll just open up, let you open up for moves.

00:23:06.260 will remove the blockade and the fleet,

00:23:09.400 and we'll come back in a year, come back in six months

00:23:12.980 and talk about the nukes.

00:23:14.400 He knows these guys aren't trustworthy enough.

00:23:16.220 And plus, they're all fighting each other.

00:23:18.020 You have no earthy idea who's in charge right now,

00:23:20.180 who's in control.

00:23:21.660 Eric, where do people, you're in 4 o'clock before us.

00:23:24.920 A little bit of your show today may be high tea or afternoon tea,

00:23:29.300 one or the other, with the king.

00:23:32.020 That's a good thing.

00:23:33.060 Bigfooting, bowling, and bannon for the king.

00:23:35.360 for the king charles my favorite my favorite his queen his queen i'm with you i cannot stand this

00:23:42.820 royal b i am just just i don't know who loves this stuff i apparently when i was over at fox

00:23:47.620 they they go wall to wall with this stuff that rupert must have really loved i could not

00:23:53.520 given i think they knighted rupert down in australia or something now listen i'm not to

00:23:59.160 the degree that some of our some of the war room posse who come to me when we did the queens out

00:24:04.660 of respect try to do the queen's funeral and they're blowing me up in the chat saying these

00:24:08.540 are lizard people so i'm not there but i'm not a fan of the royals but we will cover it wall to

00:24:14.900 wall day uh joint he's going to speak toward the king's going to speak to a joint session

00:24:18.340 of congress i don't think that's happened since queen elizabeth came over i think in 1991 it was

00:24:24.420 many decades ago eric can i throw something at you real quick yeah interesting timing very quickly

00:24:30.280 Interesting timing on King Charles coming over to talk to Trump today, 48 hours after

00:24:36.360 the assassination attempt.

00:24:38.040 The famous shots ring out to Prince Charles, and all of a sudden, he has the same mentality.

00:24:48.000 Like Trump, Trump didn't bat an eye.

00:24:50.400 Trump was like, I've been through this before.

00:24:52.240 There's nothing.

00:24:53.240 He turns to Melania and gives her a look like first time, but Charles, the bullets were

00:24:59.240 blanks. This is just perfect analogy for the United Kingdom, Europe. Thank you, sir. Appreciate 0.52

00:25:06.980 you see this afternoon. Or maybe not. Maybe the king is Bigfoot in your second part of your show.

00:25:13.340 Anyway, Real America's Voice will cover it wall to wall. Also, the king will speak at a joint

00:25:17.560 session of the House and the Senate tomorrow. Ben Harnwell. First off, Ben, is it high tea or

00:25:25.660 afternoon tea she's um he's um he's going over for afternoon tea okay but there's a difference

00:25:38.340 in nomenclature to set the scene in the uk as we go up to the break just to put the category of

00:25:44.320 differences between these things americans you're going to need to know this if you visit the uk

00:25:48.500 otherwise you won't be able to survive so basically you have afternoon tea which is like

00:25:54.220 the full spread of finger sandwiches, often with the crust removed, and you have cakes,

00:26:01.540 and of course you have tea to be drinking between, say, three and five o'clock, really

00:26:06.980 are what, and that was invented by the aristocracy in the 19th century, to bridge the gap between

00:26:13.920 lunch and the scandalous late dinners that the aristocracy had in those days, because

00:26:21.020 of course they didn't need to get up and work in the in the following morning um so to bridge that

00:26:25.860 gap you had um afternoon tea you have cream teas which is what you're going to get if you're going

00:26:31.160 to the the ritz or anything like that which is basically scones cream jam and tea drinkable tea

00:26:39.080 um and that's really what what what most people would get these days and of course there is a

00:26:45.380 civil war in the uk between whether you put the jam on first and then the cream the clotted cream

00:26:49.800 or the clotted cream and then the jam.

00:26:52.160 We're not going to get into that now.

00:26:54.400 The diplomatic tension's already high enough as it is.

00:26:57.680 And then, of course, you have high tea,

00:27:00.600 which doesn't mean high in terms of abundance.

00:27:03.940 It means you have it at the major dining room table

00:27:07.080 rather than the drawing room.

00:27:09.880 It's what most people would call dinner these days.

00:27:12.680 Of course, if you're from the north like me,

00:27:14.320 dinner's what you have at lunchtime.

00:27:15.540 And tea is what you have at tea time in the evening.

00:27:19.360 I hope that sets the scene, Steve.

00:27:23.160 Very clear.

00:27:24.600 I guess they're having afternoon tea there.

00:27:27.220 I think they get there about 4.15.

00:27:32.780 I think part of it is going to be open to media.

00:27:35.320 Part of it is not.

00:27:36.900 He's not going to have an open,

00:27:38.900 go into the Oval and sit in the gold chair

00:27:41.560 and bring the media in.

00:27:42.420 I think they ruled that out.

00:27:43.780 the king is not quite as quick on its feet as president trump so they're not going to do that

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00:29:49.180 Here's your host, Stephen K. Bannon.

00:29:51.740 so um ben harnwell why we're kicking off the 250th commemoration that leads to july 4th of

00:30:04.520 our declaration of independence which is essentially a declaration of war against the crown

00:30:09.420 of which you guys immediately hammered us because you already sent the largest expeditionary force

00:30:14.360 in human history to crush to new york harbor to crush us landing first on staten island

00:30:21.040 why are we kicking off

00:30:23.500 essentially

00:30:25.280 the run up to the Declaration of Independence

00:30:27.520 by having my favorite King Charles

00:30:30.100 and Queen

00:30:31.040 is Camilla

00:30:33.340 is she the Queen Consort

00:30:36.160 or is she actually the Queen

00:30:37.400 so when Queen Elizabeth II

00:30:43.580 was still alive

00:30:44.560 she had decided

00:30:46.040 that Camilla would be known

00:30:47.960 as Queen Consort

00:30:49.840 once her son Charles acceded to the throne and everyone said yes your majesty that's exactly

00:30:57.540 how we'll do it and I'm sure that's how exactly how they intended to do it um of course the moment

00:31:02.960 Charles himself had the crown on his head he said no no my wife will be known as queen

00:31:07.000 um technically of course you're absolutely right that the proper title would be queen

00:31:12.440 consort um rather than queen uh because the queen would be the monarchical figure um

00:31:20.520 and queen consort would be the lady married to the king but in everyday speech it's it's simply

00:31:27.440 the queen in either case but the but the titles do mean something she is the queen consort though

00:31:33.580 charles has already decided that you think i think the thing is because especially because

00:31:37.740 of the situation with diana um and the fact that the heir to the throne um was fruit of the previous

00:31:44.220 marriage there was some diplomatic incidents i know you don't like any of this nonsense steve

00:31:48.820 um i sort of it but if you know this is what fills our tabloid pages and even our broadsheets

00:31:56.140 on a day-by-day basis it's what no no i'm not joking it's what you're devolving you're

00:32:02.480 you're but you're devolving into a third world country they ask people in the united kingdom

00:32:08.500 they ask people in great britain if you had to be in a state in the united states of america on

00:32:13.720 per capita income by state where would you where would you land and they said oh we'd be i don't

00:32:20.320 know six or seven somewhere around like you know lower than california lower than new york lower

00:32:27.180 than florida and texas things like that but you know around virginia or massachusetts or

00:32:33.240 you know some ohio some big industrial state like that pennsylvania they're actually 51st

00:32:40.920 they would be lower than mississippi which is the lowest outside of london it's a third world

00:32:45.520 country economically so why so much focus and why are we kicking off uh our revolution

00:32:53.360 to gain independence and become the most powerful nation on Earth

00:32:59.340 and really the most powerful nation in the history of the Earth,

00:33:02.280 why would we kick it off by inviting over the crown, sir?

00:33:08.120 Well, it's historical symmetry, isn't it?

00:33:10.140 Because 250 years ago, when you all decided to be very naughty boys

00:33:15.120 and throw your toys out of the pram,

00:33:18.200 the UK was the most powerful nation in the world.

00:33:21.160 and over the course of the last 250 years the situation has inverted so it's it's historical

00:33:28.440 symmetry the king's coming now as the queen went over in what 76 for the bicentenary when

00:33:34.840 joel ford was still president um as a sign to say basically no hard no hard feelings um and you know

00:33:44.240 these things they might be ceremonial but they do carry some weight and it sort of it sort of

00:33:50.920 vindicates i think the fact that the the uk isn't still laying siege to your ports and what have you

00:33:58.800 is an indication that the revolution on its own terms was a success there is a question of course

00:34:05.460 and you know i think a 250th anniversary is a perfect point to have that conversation for

00:34:10.700 americans themselves to to to ask themselves to do a to do a profit and loss sort of an analysis

00:34:18.520 thing how true are we being still to the um to the revolutionary ideas that our forefathers fought

00:34:27.560 for and died for um if i were american that's what i'd be doing of course i'd be having the

00:34:32.120 barbecues and the fireworks and all the rest of it but i would be asking myself how are we doing

00:34:36.560 in defending those values and those principles

00:34:39.820 because America is the only nation in the world

00:34:42.180 that says some of the things,

00:34:44.040 like the idea that rights come from God.

00:34:47.360 That's America's gift to the world.

00:34:50.100 And it's for other nations, I think, to see that

00:34:52.160 and try and implement that in their own political

00:34:54.560 and cultural milieu.

00:34:58.620 There's a whole bunch of talk about the special relationship,

00:35:02.220 particularly the special relationship that grew

00:35:04.240 in World War I, World War II, and the Cold War.

00:35:06.560 and maybe even, say, the Gulf War and at least the beginning phase of the global war on terror.

00:35:14.040 That special relationship, has it been shattered now?

00:35:18.360 Is the United Kingdom enough of a military and economic power to matter as far as the United States

00:35:25.520 when the United States looks out there geostrategically, sir?

00:35:29.840 It's, I think, big enough to matter to America, depending on what America's desires.

00:35:36.560 for military reach around the world will be.

00:35:41.320 If you are serious about continuing along in a semi-imperial fashion,

00:35:47.960 then you do want a country, a base,

00:35:50.760 where you can have airports and where you can land your planes

00:35:54.920 where countries aren't going to turn around and say,

00:35:56.940 no, you're not allowed to land.

00:35:58.700 And I think because of the relationship,

00:36:01.140 the historical-cultural relationship,

00:36:03.180 The affinity between Great Britain and America, the UK will always be a landing pad, if you will, and a trustworthy one.

00:36:15.180 You know, the UK has its own problems, of course.

00:36:17.380 You mentioned that it's sort of descending into a third world country. 1.00

00:36:20.640 All of that's true. 1.00

00:36:21.680 But the fact is that America, more than perhaps any other country that sent later waves of immigrants over in the 19th and early 20th century, the UK and America has that historical relationship that goes back to the Pilgrim Fathers way before the 250th anniversary.

00:36:46.800 and those are things that those those are emotional ties that can either be artificially

00:36:52.820 or synthetically created and they'll take a lot to destroy and so when the king comes over

00:36:58.000 and you know and you mentioned the present difficulties let's not pretend that those

00:37:02.400 difficulties are don't mean anything they certainly do but the king's coming over obviously he's not

00:37:07.900 coming over for to be there on july the 4th itself and neither did the queen back in 1976

00:37:14.640 She came a few days afterwards. But he's coming over to as really, I would say, as as the UK's chief diplomat, fundamentally, of course, ambassadors around the world, the crown's ambassadors are ambassador to the king rather than to parliament or the prime minister.

00:37:33.200 But in this instance, he's coming himself as the UK's foremost ambassador to try to do something on an emotional level to say, look, to America, to the president, to the Americans, look, we're not going to be with you on the Middle East war, but we still value the fundamental basis of our relationship and friendship.

00:37:58.140 And so it has a value if you think that's valuable.

00:38:01.380 What do you anticipate?

00:38:03.340 A joint session of Congress, pretty rare.

00:38:07.400 I think 91, when the Queen came over,

00:38:10.040 was the last time that we've had a British monarch,

00:38:14.100 I think it was 91, address a joint session.

00:38:17.480 Your thoughts about that?

00:38:20.140 I think it's going to be the King,

00:38:22.060 or really sort of Keir Starmer,

00:38:23.900 trying to make the appeal

00:38:25.700 that don't let the present difficulties

00:38:28.880 undermine what has been and is a historically key relationship in geopolitics.

00:38:38.360 Look at the things that we share, that we can promote together on the world stage.

00:38:42.940 Charles is not a confrontational person in any state.

00:38:47.460 Neither was his mother.

00:38:50.140 And that comes, I think, from the personality of someone who never sought power,

00:38:53.600 who was born into it.

00:38:55.660 So he's very moderate and low-key.

00:38:57.560 And he'll be there in his way to try to repair the relationship while saying that the U.K. isn't in a position to budge on it.

00:39:08.620 And it will be a light-hearted pat on the back to America for its success.

00:39:13.560 They don't have direct involvement in the day-to-day of politics, but they're quite powerful politically. 0.87

00:39:20.120 Why do you think the Crown has never taken a bigger stand about this mass migration problem that's really destroying the United Kingdom? 0.89

00:39:32.360 Because the UK doesn't have the discretion to do that. 0.99

00:39:39.060 The royal family, the monarchy doesn't have that discretion.

00:39:41.840 It's well aware that its importance is based on precedent and on history.

00:39:48.800 but it has no democratic

00:39:51.180 in a world where democratic

00:39:53.980 countries

00:39:54.700 have governments and leaders

00:39:57.900 and principals who have

00:39:59.940 democratic mandates which

00:40:01.940 give them their legitimacy for

00:40:03.860 their public agitation

00:40:05.760 the royal family is very aware that it has

00:40:07.960 none of that and it would be

00:40:09.840 difficult for it to face down those who do

00:40:11.780 far more pressing

00:40:14.100 that said

00:40:16.160 than the invasion

00:40:18.140 the third world illegal invasion, which is an existential crisis for the UK, is the situation over the Queen.

00:40:25.780 I think this is the most substantial constitutional issue that I find that was ever made against the Queen's long reign.

00:40:34.120 And that is she allowed Parliament to give powers to the European Union effectively, literally,

00:40:41.100 so that Brussels could overwrite UK parliamentary law, destroying the UK's sovereignty

00:40:49.280 without any referendum that the country had ever voted on to say that that was acceptable.

00:40:56.460 And the Queen obeyed her constitutional role and signed off on those laws.

00:41:01.880 And there was a question, a serious question, that said, look, perhaps we do need an elected president here in the UK.

00:41:10.100 Perhaps we've gone as far as we can with a ceremonial head of state, because we need someone to come in and fill this vacuum and to push the integrity, defend the integrity of the British institutions.

00:41:21.740 And that's a really substantial constitutional question for the UK.

00:41:26.340 But it passed that by and the UK came out fine.

00:41:30.480 In answer to your direct question about the invasion, Steve, it's not within the king's remit to enter.

00:41:37.560 He'd create what is called by constitutional historians a constitutional crisis if he came in and publicly challenged the government.

00:41:47.500 And he wouldn't win it either.

00:41:50.580 Ben, hang over a second. I'm going to hold you through the break.

00:41:52.780 Patty Lyman, join us. Patty, we've got a minute here. I'm going to hold you through the break also.

00:41:56.880 Just what's your headline? What's your takeaway, your big takeaway from the Virginia Supreme Court arguments this morning?

00:42:03.740 My big takeaway is that the people of Virginia who we believe that we represent and that Judge Hurley's wonderful opinion represents, the people of Virginia are standing on the law and the rules as written for constitutional amendments.

00:42:23.040 The government, the current government of Virginia, is standing on the Democrat motto, which is rules don't apply to us.

00:42:31.200 In all seriousness, Steve, I listened to the entire argument today. I was impressed with how intelligent the questions were from each of the justices. Very intelligent, very probing questions. They had clearly read and studied everything.

00:42:48.540 And I just I felt good about it. I'm not going to make predictions. I'm not in the prediction business. But I am very, very encouraged by the depth of the questions, the reasonableness of the questions and the substance and respect shown by the side of those of us opposing this, asking to have it overturned.

00:43:12.360 The respect shown to the court was palpable from our side.

00:43:17.640 I think not so much from the other side.

00:43:19.640 I thought they were actually rather flippant with the court.

00:43:24.000 And, you know, everyone's got, I think this was some Mark Elias lawyer that they brought in from California with state funds to pay.

00:43:32.300 So maybe that's how they roll.

00:43:34.220 But I like the way we put our case on.

00:43:37.620 Hang on one second.

00:43:38.920 I'm holding you through a break.

00:43:39.740 Patti Lyman, Republican National Committee woman from the Commonwealth of Virginia and a grassroots leader, and Ben Harnwell.

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00:45:11.520 Here's your host,

00:45:13.040 Stephen K. Bannon.

00:45:15.420 The First Lady of the United States 0.52

00:45:16.500 putting Jimmy Kimmel on blast. 1.00

00:45:18.780 Put out an 0.98

00:45:20.280 ex or Twitter, call him a coward, 0.98

00:45:22.440 says, Kimmel's hateful and violent rhetoric 0.94

00:45:24.440 is intended to divide our country. His monologue

00:45:26.480 about my family isn't comedy.

00:45:28.440 His words are corrosive and deepens the political sickness within America.

00:45:33.340 Couldn't say better.

00:45:34.160 We'll discuss that at 5 o'clock today.

00:45:36.400 Mike Lindell, you're about to hop on a plane.

00:45:39.220 Everything you're doing running the company and running for governor.

00:45:42.120 People are looking for a deal.

00:45:43.460 What do you got?

00:45:44.840 Yeah, you guys, I'm heading to northern Minnesota to do a big governor event.

00:45:49.200 And you guys can check out at MikeLindellGov.com.

00:45:52.960 But I wanted to get on here quick.

00:45:54.480 We've got the last few days of the big semi-sales, the semi-truck.

00:45:58.940 We have a little right around the semi-truck left.

00:46:01.520 You guys can still get the slippers, $29.98.

00:46:04.800 We're closing out over 40 products that we're never going to carry again

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00:47:16.240 Thank you, brother.

00:47:17.260 We'll see you this afternoon.

00:47:18.220 Mike Lindell

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00:47:24.460 in the business

00:47:25.440 Ben Harnwell

00:47:27.000 we're going to handle bowling and I will handle the

00:47:29.860 king and the queen 0.76

00:47:31.920 consort

00:47:32.620 at 4.30 through part of the

00:47:36.180 5 o'clock show we'll have you back on

00:47:38.220 tomorrow where do people go in the interim

00:47:39.980 to get your cynical beady eyed assessment

00:47:42.280 it's my social

00:47:46.280 media platform of choice

00:47:48.100 steve get to tap in my surname harnwell and there you will find all of my outrageous provocations

00:47:55.540 at the top of the feed awaiting retention steve i do hope i know okay i'll be on the show tomorrow

00:48:00.500 but i do hope you and patty lyman will be out there in virginia on day four of the visit with

00:48:05.880 your union jack flags and your bunting and your top hats to to to to show due respect

00:48:13.440 to his majesty as as jefferson said we were the cradle the commonwealth of virginia is the cradle

00:48:20.020 of the revolution so no i think we'll pass on that one but real america's voice in the war

00:48:25.080 and we'll cover it wall to wall thank you but thank you for the recommendation ben

00:48:29.220 thanks steve god bless patty lyman you said you thought we good we gave as good as we got

00:48:36.660 is what's the process they take a couple of days to do this they get back to us tonight

00:48:41.340 I'm not going to put you on the spot of which way it's going to go, because it is a legal argument.

00:48:47.820 I know you're a constitutional lawyer, but we don't know how these judges are going to go.

00:48:52.360 They've got to get, I guess, reappointed by Democrats so that people can take that for what it's worth.

00:48:57.800 Just what's the process from here on in?

00:49:00.360 Well, the process, Steve, you have to understand that this injunction, the arguments that we're making were made a couple of months ago.

00:49:08.220 and the court chose, they said they couldn't rule on the merits until after the election.

00:49:13.000 So that's where we are now. They've had our arguments for quite some time. We filed briefs

00:49:18.260 last week. And then today we had the oral arguments. These are judges who are very sharp

00:49:24.940 and very, very well briefed on the issues here. They know what they're talking about. So I think

00:49:31.320 they will go to work right away. For all I know, they may be meeting now to decide, you know,

00:49:37.520 how they're going to vote and how they're going to write the opinions. I don't know how the

00:49:41.280 internals of the court work. I do know that the certification of the election is supposed to be

00:49:47.500 done by May 1st. That has been stayed by this latest injunction. The powers that be have said

00:49:56.660 that if they don't have a decision from the court by May 12th, it's probably not going to be

00:50:01.680 possible to change things prior to an August primary. I believe that the court, I wouldn't

00:50:08.120 be surprised if they gave a ruling this week so we can move forward on this. And again,

00:50:16.660 there are reasons why there are so many exacting rules for doing a constitutional amendment in

00:50:23.600 Virginia, because believe me, if we had to go through and do an amendment to overturn this,

00:50:29.400 we would have to follow every single rule. It's a massive process. And that's why every rule has

00:50:35.500 to be followed for this, because a constitutional amendment can change the law for generations. It's

00:50:40.960 not like a statute. So they will move on it. They'll move on it quickly. We are ready to

00:50:49.080 move forward. And I'm very grateful again to the RNC. They continue to cover our legal expenses

00:50:56.320 on this case with top-notch legal help, and they couldn't have been more helpful.

00:51:02.800 Chairman Joe Gruters was on the call with us last night in Virginia.

00:51:06.000 They're all rooting for us.

00:51:07.460 I'm personally asking, as a fellow member of the posse, I'm asking the entire posse to

00:51:12.540 pray that God will give us favor with these Supreme Court justices and that we can carry

00:51:18.660 out the will of the people that they've trusted us with.

00:51:21.740 Again, our 250th anniversary slogan in Virginia, Steve, is America made in Virginia.

00:51:30.640 And we're going to continue to do it right in Virginia.

00:51:34.400 Patty Lyman, what's your social media?

00:51:36.180 Where do people keep up with you, particularly in these trying times right now?

00:51:41.440 I'm on X.

00:51:42.560 I don't post a lot there, but it's Patty, P-A-T-T-I-L-Y-M-A-N-2 at X.

00:51:48.060 And then I have my Facebook page where I do post Patty Lyman, RNC National Committee Woman for Virginia.

00:51:54.460 And thank you again, Steve.

00:51:55.980 Thank you for being with us last week.

00:51:58.020 And we are in the midst of the fight.

00:52:00.540 We are not stopping.

00:52:01.580 Can't stop, won't stop.

00:52:03.900 Thank you, man.

00:52:04.740 Appreciate you.

00:52:06.560 Stay on this one.

00:52:07.980 Supreme Court of the United States backs the redistricting in Texas.

00:52:11.580 Big win.

00:52:12.940 Another win.

00:52:13.560 And Governor DeSantis puts out a change map of four

00:52:16.620 because the demographic and population shifts

00:52:19.040 in the state of Florida would be looked at

00:52:22.380 as a four pickup for the Republicans.

00:52:25.880 The Charlie Kirk Show is next with Andrew Colvett.

00:52:29.220 Poso's after that.

00:52:30.060 He's got a lot on the assassination attempt.

00:52:33.600 We're back at five to seven at night.

00:52:36.420 We'll see you back here in the world.

00:52:43.560 Do you owe back taxes

00:53:11.860 or you haven't filed your taxes in years,

00:53:14.900 now is the time to resolve your tax matters.

00:53:18.140 With the national conversation around abolishing the income tax,

00:53:22.880 the IRS is fighting back and proving it's here to stay

00:53:26.000 by becoming more aggressive than ever before.

00:53:29.360 They're sending out more collection notices,

00:53:31.940 filing more tax liens, and collecting billions more in recent years.

00:53:36.880 If you owe, the IRS can garnish your wages,

00:53:40.380 levy your bank accounts seize your retirement and even your home if you owe or haven't filed

00:53:47.560 it's not a question of if the irs will act it's a question of when it will act right now tax network

00:53:55.240 usa is offering a completely free irs research and discovery call to show you exactly where you stand

00:54:02.140 and what they can stop before it's too late their powerful programs and strategies can save you

00:54:08.900 thousands, or even eliminate your debt entirely if you qualify. Don't make a costly mistake.

00:54:15.120 Representing yourself or calling the IRS on your own waives your rights and costs you more money.

00:54:20.640 They are not, and let me repeat, the IRS is not on your side. Get protected the right way with

00:54:27.020 Tax Network USA and start the process of settling your tax matters once and for all today. Call

00:54:34.880 1-800-958-1000. That's 1-800-958-1000 or visit tnusa.com slash Bannon for your free discovery

00:54:46.960 call with Tax Network USA. Let me repeat, 800-958-1000. Tell them Bannon sent you.

00:54:54.460 Don't let the IRS be the first to act. Take advantage of first mover advantage. You move.

Bannon's War Room - April 27, 2026

Episode 5330： Strait Of Hormuz Remains On Alert; Virginia Supreme Court Hears Oral Arguments On Redistricting

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