Human Events Daily with Jack Posobiec - Live From Davos： Exclusive Interview with Secretary of the Treasury Scott Bessent

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00:00:25.780 The Poso Daily Brief.

00:00:30.000 This is what happens when the fourth turning meets fifth-generation warfare.

00:00:41.000 A commentator, international social media sensation, and former Navy intelligence veteran.

00:00:47.000 This is Human Events with your host, Jack Posobiec.

00:00:50.000 Christ is king!

00:00:52.000 President tonight in the heart of Europe abruptly backing off two bold threats regarding his ongoing quest to control Greenland,

00:00:58.000 tariffs and military action, posting he's reached a framework of a future deal with

00:01:03.260 the Secretary General of NATO. Tonight, the New York Times citing three senior officials says

00:01:07.660 NATO member states discussed a compromise in which Denmark would give the U.S. sovereignty

00:01:12.960 over small pockets of Greenland, where the United States could build military bases.

00:01:18.020 People thought I would use force. I don't have to use force. I don't want to use force. I won't

00:01:21.880 use force. But demanding negotiations to buy Greenland, arguing it's a national security

00:01:26.900 priority for the U.S. against looming Russian and Chinese threats.

00:01:31.420 We want a piece of ice for world protection.

00:01:34.420 The European Union is pushing back, saying we are not going to complete our trade deal

00:01:39.940 with the United States because of this.

00:01:42.220 I would say exactly what I said after Liberation Day last April, when the president imposed

00:01:50.820 tariff levels on the whole world.

00:01:52.380 I tell everyone, sit back, take a deep breath, do not retaliate.

00:01:56.660 And Maria, to put it in perspective, the United States of America since 1980 has contributed 22 trillion more dollars or spent 22 trillion more dollars on defense than all of NATO.

00:02:10.620 So roughly the same size population.

00:02:13.580 And we have spent 22 trillion more.

00:02:16.800 That is two thirds of our outstanding government debt.

00:02:20.860 the europeans have been spending the money on social welfare on roads on education and it's

00:02:28.800 time for them to pay more which they they've agreed to do well ladies and gentlemen welcome

00:02:33.020 on board today's edition of human events daily as you can see we're here in davos switzerland

00:02:38.980 the world economic forum today is january 2nd 2026 anno domini now on today's episode we got

00:02:48.000 something really, really special for you guys. You're going to want to do this. You're going to

00:02:51.980 want to lock in for the full episode here. If you're listening on the podcast side, make sure

00:02:56.780 you go in and listen to this a couple of times through. And if you're not listening on the

00:03:01.180 podcast side yet, go and make sure you are subscribed to us, Human Events Daily, Apple,

00:03:06.100 Spotify, wherever you get your podcasts, because we just conducted a huge round robin in-depth

00:03:12.540 interview with Secretary Scott Besson. This is probably the most in-depth interview that we

00:03:17.680 have done with the secretary now you remember a couple of weeks ago we were with secretary

00:03:21.440 besant up there in minneapolis he talked to us about the fraud investigations that the treasury

00:03:26.140 department is going through all those all those federal funds that came out and of course hhs is

00:03:30.980 working with them doj is working with them we had alex adams on the assistant secretary of hhs the

00:03:36.040 other day of course we're talking to doj all the time about this we just got back from minneapolis

00:03:40.860 our field correspondent kevin vasovic is still in minneapolis so we're tracking all of that but

00:03:46.740 And today, we sat down with Secretary Scott Besson and we walked through the money side

00:03:52.740 of all these deals that President Trump is working on, not just here at the World Economic

00:03:58.060 Forum, but all the way back forward in Ukraine.

00:04:01.860 And then, of course, a huge, huge in-depth discussion on Greenland.

00:04:07.500 And it's so important because, look, I get that Greenland, you know, it's one of those

00:04:12.420 things where people are saying, why are we talking about Greenland?

00:04:14.720 You know, is this something that directly affects us?

00:04:17.200 Is this something that directly, you know, ties in?

00:04:19.380 Look, look, folks, let me tell you something right now.

00:04:22.580 That's exactly what people said about Alaska.

00:04:25.480 They said when James Seward was looking, and we talk about this in the interview,

00:04:28.200 when James Seward was looking at Alaska, they called it Seward's Folly.

00:04:31.600 They said, why do we need that?

00:04:33.040 What do we need it for?

00:04:33.920 What's going on?

00:04:34.520 And then what happened just a couple of years after Seward organized and orchestrated the purchase of the Alaskan territory from the Russian Empire?

00:04:44.720 oh yeah that's right they discovered gold and a little something called the gold rush took place

00:04:50.400 that's what happened up in alaska and then right after that what did they discover the oil in

00:04:55.200 alaska folks when we're looking at greenland we're not just talking about the national security although

00:05:00.800 the national security is absolutely key president trump yesterday at the world economic forum laid

00:05:06.560 out the case for the golden dome why the golden dome implementation needs to be in greenland

00:05:12.160 because that's the key point to intercept those intercontinental ballistic missiles coming over

00:05:16.840 the top, coming over into the North Pole from any of our adversaries in the Eastern Hemisphere.

00:05:22.440 We're talking Russia, China, North Korea, Iran. Let's say some rogue regime takes control of one

00:05:27.940 of these areas or one of the regimes in place decides to actually go to war with the United

00:05:33.960 States. We need to be able to defend ourselves in any ballistic missile targeting Washington,

00:05:39.620 D.C. is almost certainly going to go across the North Pole. So this is absolutely key. This is

00:05:45.800 why Greenland is so important. But then looking further, you've also got the economic prospects,

00:05:51.620 the rare earth minerals, the prospect of oil, liquid natural grass that could be up there the

00:05:56.280 same way that we found it in Alaska, as well as the shipping lanes that are going to be coming

00:06:00.520 forward. And as a former Navy officer, this is something I think about a lot, because if you

00:06:06.180 understand the importance of global shipping to the world economy. You understand that it's those

00:06:12.300 key maritime choke points, whether it's the Suez Canal, whether it is the Strait of Hormuz for the

00:06:20.000 oil, for the goods, for the shipping that comes through. Well, guess what, boys and girls? If that

00:06:25.000 shipping is coming across the North Pole, if that shipping is going to come across the Northwest

00:06:28.600 Passage or a Northern Passage, then guess what? The new maritime key strategic choke point

00:06:34.980 is going to be greenland so who controls greenland very well may control the future make sure you

00:06:43.600 listen to this episode absolutely in full go and get the podcast apple spotify wherever you get

00:06:49.920 human events daily folks lock in because secretary scott besson did not hold back and in fact he had

00:06:58.740 a couple of choice words for a governor that he saw here he saw some of the other words that he

00:07:03.840 said the other day, comparing him to a certain Brett Easton Ellis character. Well, he's got

00:07:09.440 some choice words for Gavin Newsom as well in this interview. So lock in, folks. You're going to like

00:07:15.600 this. Nothing will stand in our way. And our golden age has just begun. This is Human Events

00:07:23.640 with Jack Posobo. Now it's time for everyone to understand what America First truly means.

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00:08:56.640 All right, folks, we're here, Human Events Daily, Jack Posobiec, honored again to sit down once again with Secretary Besson, the Secretary of the Treasury, and we're here at Davos.

00:09:06.200 We always go to such interesting places.

00:09:08.020 Yeah, Kiev, Minneapolis, Davos, I always see everywhere.

00:09:11.880 It's always cold, though. I see that. I'm starting to sense a trend here.

00:09:14.440 Yeah, I know. We're going to have to go down to Argentina.

00:09:17.060 Yeah, exactly, exactly. Well, I mean, you're big in Argentina. What can I say?

00:09:21.000 And that's going to come up.

00:09:22.240 So much of what you've done in your role, it's been one year, we just crossed the one-year mark,

00:09:28.640 has really been focused on international policy and international trade.

00:09:32.480 When we come here to Davos, what is the administration's agenda?

00:09:38.020 What are the line items that you're looking to get across the goalpost for this trip to Davos?

00:09:44.080 Jack, I think one of the things we want to do is just celebrate the president's achievements

00:09:49.520 for this incredible year, he has moved at warp speed, the U.S. economy, strongest economy in

00:09:56.360 the world. As the president says, we are the hottest economy on the planet. And we're inviting

00:10:00.760 everyone to join us. That America first doesn't mean America alone. We want to lead by example.

00:10:09.220 The president, as I always say, he's done trade deals, tax deals, and peace deals. And with the

00:10:15.520 trade deals, completely reorder the global trading system to make it fair for the American people.

00:10:21.020 And we want the other economies to do well, too. And when the United States shows strength,

00:10:26.940 the rest of the world can do well. On the peace deals, obviously, he's the president of peace.

00:10:35.060 He's done eight peace deals, I think a couple more in the hopper. You and I, almost a year ago,

00:10:43.580 went to Kyiv. I was the highest ranking official to go to Ukraine. The president stopped the

00:10:50.220 funding of Ukraine, and he has pushed the Europeans to pay for the Ukraine armaments,

00:10:57.900 but we signed, the genesis of it was our visit there. We signed this economic partnership with

00:11:05.200 the Ukrainians that was completely President Trump's idea, derided at first, and now it's

00:11:12.180 the centerpiece for your Ukrainian economic prosperity going forward. So the real message

00:11:19.160 here is we want to lead by example. We are deregulating. We have great tax certainty,

00:11:25.480 and we have energy dominance. Come and join us. Now, how is that message being received by many

00:11:31.580 of the world leaders that are here? It's mixed. It's mixed. Plenty of countries are

00:11:41.500 on board Team America. They want to join, especially countries, Latin America. The

00:11:49.840 Donroe Doctrine, as it's now being called, President Trump is reclaiming the Western

00:11:54.760 Hemisphere. And you know what was interesting? The last great tariff man was President McKinley.

00:12:01.580 President McKinley, President Monroe had the Monroe Doctrine, but President McKinley was

00:12:07.700 really the one who exercised dominance in the Western hemisphere. And we are seeing a complete

00:12:14.880 change from far-left governments to center-right or right-wing governments, and they all want

00:12:24.200 prosperity. And I think we can really lead by example. From all the way down in Argentina,

00:12:30.040 Chile has just elected a great new leader. Paraguay, Bolivia, Colombia. I think this guy in Colombia is going to be out soon. Obviously, what's been done in Venezuela. So I think Latin America, they all want to follow the U.S. model of prosperity.

00:12:50.540 We're seeing a lot of Asian countries, whether it's Japan, great ally, South Korea wants to do more, Philippines, Thailand, they want to do more, and many African countries too.

00:13:06.000 And then if President Trump did the peace deal with Armenia and Azerbaijan, they are on side. We see what's happening in Iran with that crumbling regime. So President Trump is leading and much of the world wants to follow.

00:13:22.660 So many countries in Europe, Europe, EU's 27 countries, the EU itself can be a bit recalcitrant.

00:13:30.520 It's just a bureaucratic, sporadic nightmare.

00:13:34.740 But underneath, you had some great dynamic economies like Poland.

00:13:40.220 Prime Minister Maloney in Italy has done a very good job.

00:13:46.360 Chancellor Mertz in Germany is trying to assert some German sovereignty.

00:13:51.200 And then the classic kind of the French to Spaniards are lagging. But I think that they will come along because, again, a strong U.S. means strong democracy.

00:14:07.540 Now, when we look at that, though, we did see Prime Minister Carney came out and had some pretty scathing words for President Trump.

00:14:15.140 He also talked about the old order has been destroyed.

00:14:19.200 We're not going back to the old order.

00:14:21.320 We now have this new situation.

00:14:23.460 How do you take his remarks?

00:14:25.500 Well, I think Prime Minister Carney tried to put on a mask for a bit, and he's really a globalist.

00:14:34.700 He was governor of the Bank of Canada, then governor of the Bank of England, then he was the U.N. climate czar.

00:14:41.580 and he tried to disappear that credential, seemed like he was more reasonable. And when he said he

00:14:50.200 wants to make Canada an energy powerhouse, Canada has great natural resources, but I don't think he

00:14:57.580 wants to bring them out. He was just in China, and President Trump said Canada should trade with

00:15:03.220 China. But when he came out and said China shares Canadian values, really? And Jack, let's just keep

00:15:11.080 in mind here, Texas has a bigger GDP than Canada. Texas has a bigger GDP than Canada. So one state

00:15:18.440 in the U.S., more than our northern neighbor. That's even with all the oil and the natural

00:15:25.520 resources coming out of Canada. Texas is still larger. Well, look, Alberta is a wealth of natural

00:15:30.340 resources, but they won't let them build a pipeline to the Pacific. I think we should let

00:15:38.120 come down into the U.S., and Alberta is a natural partner for the U.S.

00:15:45.100 They have great resources.

00:15:47.160 The Albertans are very independent people.

00:15:51.280 Rumors that they may have a referendum on whether they want to stay in Canada or not.

00:15:55.760 Sounds like you may know something up there.

00:15:58.500 What people are saying, people...

00:16:02.120 People are talking.

00:16:02.940 People are talking.

00:16:03.800 People want sovereignty.

00:16:05.840 They want what the U.S. has got. Because when I look at Europe, how can they have sovereignty? They don't have immigration sovereignty. They've let their borders be overrun. They don't have economic sovereignty. They are dependent on China.

00:16:21.300 and they do not have a security sovereignty because they are so far behind on defense and

00:16:30.820 rare earths. They need to live under the U.S. security umbrella, and we are happy to have them

00:16:36.840 in the umbrella. President Trump has asked them to contribute a fair amount, the allocated amount

00:16:43.840 that they are to NATO. So, Jack, since 1980, and I just chose 1980 because that's when President

00:16:51.500 Reagan ramped up defense spending in the U.S. to bring down the Soviet Union, the U.S. has spent

00:16:57.180 $22 trillion more on defense than NATO has. So, roughly the same economic block in terms of

00:17:05.980 population. They actually have more people than we do, but we have spent $22 trillion more.

00:17:11.240 Imagine that is over two-thirds of our outstanding national debt. 0.67

00:17:16.820 So the Europeans were spending it on social welfare. 0.80

00:17:19.620 They were spending it on roads. 0.50

00:17:20.900 They were spending it on schools.

00:17:23.580 And we spent it defending the world.

00:17:25.980 Time for the rest of the world to chip in.

00:17:28.480 Now, you mentioned the defense spending.

00:17:29.900 You mentioned Europe, sovereignty.

00:17:31.580 You mentioned rare earths.

00:17:32.860 You mentioned China.

00:17:34.940 It strikes me that all of those things lead to one place, and that's Greenland,

00:17:39.120 because they all seem to converge on that spot.

00:17:42.700 We know that that has been a huge point of contention coming into this,

00:17:46.920 the Danes actually pulling out of the conference.

00:17:50.640 I believe the U.N. chief also caught a cold or something

00:17:53.580 and said that he suddenly isn't able to make it right in the midst of all of this.

00:17:58.580 How does Greenland play into the administration's plans,

00:18:02.040 and what's the message for here at Davos?

00:18:03.760 Well, the message here is sit down, listen to President Trump.

00:18:08.300 There was this visceral reaction and lack of imagination on the part of the Danes and the part of the Europeans that Greenland would be safer, sounder, and put to much better use in American hands.

00:18:24.900 And look, this isn't without precedent. And I was very surprised and I thought it was somewhat ironic that Senator Murkowski, who I think I like more than President Trump does, came out and was against acquiring Greenland when we bought Alaska from the Russians.

00:18:44.780 She wouldn't be in the Senate if it weren't for that.

00:18:48.720 And by the way, that when Alaska was bought, it was engineered by the secretary of state called Seward.

00:18:57.240 And it was called Seward's Folly.

00:18:58.980 Wasn't popular at the time.

00:19:01.500 But then guess what happened in Alaska 20 years after the U.S. acquired it?

00:19:06.560 The gold rush.

00:19:07.560 The gold rush.

00:19:08.640 So I think the president is looking at Greenland strategically.

00:19:13.180 today you know they talk about influences these are influences and uh they're friends of mine

00:19:21.620 jack where's jack jack he's done a great job well folks if you're anything like me the holidays

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00:20:42.020 the new year right and and actually on that i i've done a little more unpacking on this as well

00:20:48.440 and i believe that seward had designs for greenland as well i he did he did so i i don't think that

00:20:56.360 it's a big stretch and you know all all of a sudden that the danes are interested in it it was

00:21:02.180 almost like a neglected child or a relative who you disowned. And let's just keep in mind, too,

00:21:11.680 the Greenlanders are not in love with the Danes. Up until the 1980s or the 1990s,

00:21:17.380 the Danes were doing forced sterilizations on the Greenlanders.

00:21:23.520 I've read something about this as well, where they're talking about these types of procedures

00:21:28.000 that we're going through and that, of course, you know, they say it had to do with the population

00:21:31.700 size and resources and all of this. And it actually kind of ties back to some of the bureaucratic

00:21:37.260 sclerosis that you were talking about here. Well, they're in the EU where they'll push these

00:21:42.700 to what we as Americans might view as very radical policies. And they say it's completely,

00:21:47.500 you know, it's completely sensible and rational. Well, it was completely sensible and rational.

00:21:51.980 Remember, they were going to cure global warming by getting rid of all the cows.

00:21:56.120 Yes, that somehow califluence was the greatest threat to the environment.

00:22:01.620 Well, we actually just did a piece and piggybacking off of Axios, which is just down the street here from where we're filming, where Axios pointed out that climate change has almost completely left the room, left the building in terms of the agenda.

00:22:15.100 You just don't hear about it the way that they used to do this.

00:22:19.180 And so many places, it's just completely fallen off the wayside.

00:22:22.740 It seems like the left completely forgot about the apocalypse that was supposed to be happening.

00:22:27.200 Well, again, we heard, I remember when AOC said, well, the planet's on fire and we're going to all be dead.

00:22:34.700 I can't remember.

00:22:36.180 You know, she keeps moving the goalposts three, five, seven years.

00:22:39.340 Only thing I know about that is my children use this excuse not to do their homework.

00:22:44.080 Well, dad, if the planet's going to explode, why do I need to do this?

00:22:48.040 And it's all been wrong.

00:22:50.160 And I think if we go back, that if we look at Bill Gates' statements, he's evolved on the issue. He's evolved on the issue. And if you read what he said now, he says, well, 1.5 degrees, 2 degrees, 2.5, doesn't really matter.

00:23:08.500 And by the way, it's not going to be privation and economic malaise that cures climate.

00:23:19.520 It is going to be innovation.

00:23:21.600 And we are going to innovate our way out of this just like we did.

00:23:26.120 Remember, the U.S. was supposed to be out of oil, and then Mr. Mitchell discovered fracking and created the greatest pickup in energy reserves in the history of the world.

00:23:41.280 The U.S. now has more energy reserves than anyone from a technology that didn't exist 50 years ago.

00:23:48.320 That's right.

00:23:48.800 And to the point, actually, it's talking about Greenland.

00:23:51.140 People say, well, it's so icy, it's so cold.

00:23:53.300 But when it was discovered by the Vikings, it was green.

00:23:56.120 And you go back even into the Viking, you know, Leif Erikson and all this, you know, they were saying that there was farming that was being done in Greenland at the time. And this is, you know, hundreds and hundreds of years ago, long before. I'm pretty sure that was before Range Rovers and, you know, the nuclear power plants and the space shuttles and all this.

00:24:15.760 So it really doesn't seem like it's, that was to me always one of the biggest pieces to say, just using that example of Greenland in these stories to say, wait a minute, you know, what if this is just a natural cycle?

00:24:26.900 And maybe it's not always bad if it means you have more arable land, you can grow more food, all of this.

00:24:32.960 Well, there's that.

00:24:33.840 But the other thing that's happening is, look, there is climate change.

00:24:37.340 The climate changes naturally.

00:24:39.000 And if you talk to climate scientists, ice is not the natural position for the Earth.

00:24:46.540 It's water.

00:24:47.920 And we will move.

00:24:49.740 I think the debate is how much of it is man-made.

00:24:53.420 And if you're on a Z-axis and you've shifted up slightly, does the upward shift really matter?

00:25:02.160 I mean, that's what we're debating.

00:25:03.540 But to your point, and I think this informs President Trump's vision, to the extent the Greenland is becoming greener, then the seaways around it are becoming more open.

00:25:16.640 There's more traffic through the Arctic.

00:25:20.660 It's just going to be 10 years, 20 years, 30 years.

00:25:25.400 There's more sea lanes.

00:25:26.960 We've got to defend it.

00:25:28.120 And I think that his strategic vision is the U.S. has to own this.

00:25:36.720 And this is, again, there was Alaska, but this is not without precedent.

00:25:42.260 The U.S. bought the Panama Canal from the French and completed it.

00:25:46.900 The U.S. has purchased assets from the Danes before.

00:25:51.600 During World War I, the U.S. bought the U.S. Virgin Islands from Denmark.

00:25:56.060 And let's keep in mind, Denmark remained neutral during World War I.

00:26:01.080 They were not an ally.

00:26:04.240 They were afraid that the Germans would get upset with them.

00:26:10.900 But the U.S. did buy U.S. Virgin Islands because they wanted a safe Caribbean after finishing the Panama Canal.

00:26:18.840 So, again, there's a long arc of history here.

00:26:22.460 President Trump has a strategic vision.

00:26:24.960 He is trying to avert a calamity that could happen, I don't know whether it's one year, 10 years, 15 years, but I am sure that if it's U.S. territory, no one is going to stake claim to it. 0.73

00:26:38.500 And just to be clear, the Danes have let the Chinese come in and mine in Greenland. 0.92

00:26:43.220 It's already there. And to your point, I always bring this up talking about the history that in World War Two as well, it was the U.S. defense of Greenland that prevented it being from being used by the Germans because they were not able to to arrive there.

00:26:57.080 So then it became key part of the air bridge for Lend-Lease into the UK to bring and then eventually bringing troops over started, you know, was able to get the build up for the Normandy invasion.

00:27:06.340 So there's this whole military history of, you know, the United States and Greenland and providing for the defense of that island.

00:27:15.740 And Jack, where is Jack? Where is Jack? Where is he? Jack, I want to see you.

00:27:23.820 great job jack thank you what a job you do you know we have an incredible thing we're always

00:27:31.340 talking about the fake news and the bad but we have guys and these are the guys should be getting

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00:29:12.600 and providing for the defense of that island.

00:29:16.780 In fact, when the president was being interviewed by the New York Times

00:29:19.460 and they asked him, they said, well, would you ever send troops to Greenland?

00:29:22.320 He just sort of looks at them and says, we have troops in Greenland.

00:29:24.940 We already do, actually.

00:29:26.420 They've been there for quite some time.

00:29:27.800 Exactly.

00:29:28.340 And I think he also said, and the Danes have two dog floods.

00:29:31.740 Right.

00:29:32.560 So they seem to up to four.

00:29:34.660 They're up to four.

00:29:35.820 Well, you have to watch out. 1.00

00:29:37.900 Maybe Balto will have some descendants up there.

00:29:40.360 But your point about the shipping lanes, and as a Paranavy officer, that to me has been something that we've been looking at in the Navy for quite some time.

00:29:48.260 And I know, obviously, on the commercial side, Maresk has sent a couple of test runs through there.

00:29:53.040 Look, this would cut the shipping from anything from China, anything from Asia to the European market to Rotterdam, anything to the UK.

00:30:01.480 I mean, it would just cut it in half.

00:30:02.900 It would be so much faster to go over the top. 1.00

00:30:04.980 And the Russians certainly understand this.

00:30:06.520 That's why the Russians are building so many megaports along their northern tier. 0.72

00:30:10.360 Because they want to be the ones who control this area, because going forward, if you've got all of commercial shipping that's now going to be competing with, I mean, this is why the Red Sea is such a big deal. 0.64

00:30:20.400 This is why the Houthis were such a big deal, going through those sea lines of communication, being able to close that, Babu-Mandeb, et cetera, et cetera. 0.98

00:30:28.080 The Strait and Hamuz, of course, isn't going anywhere. 0.99

00:30:30.040 But the new global choke point might be what we in the Navy refer to as the GI-UK gap. 0.69

00:30:36.760 It's the Greenland, Iceland, UK gap, which is where all the shipping from the north.

00:30:41.080 So if any Russian ships want to come out, if they went with the Germans during both World Wars, the Kriegsmarine, when they had to come get out to the wider ocean, they had to shoot that gap.

00:30:50.100 Famously, people remember the movie Hunt for Red October.

00:30:55.640 That's, you know, where the ship, when Sean Connery's driving the submarine, he's got to get through the gap when all the sonar are raised there.

00:31:01.860 So, I mean, it's such a key choke point militarily, strategically, commercially, and I think that there's a lot of people who just seem to miss this, but the president clearly understands it.

00:31:12.200 Well, the other thing, too, and as Treasury Secretary, I sit on the National Security Council, and I can't divulge non-public intelligence, but part of what informs the president's decision is you brought up the Houthis.

00:31:28.740 They have closed the Suez Canal, but that is not not not a lot of goods coming to the U.S. come through the Suez Canal.

00:31:37.780 But the Europeans were too weak to stop that because most of those goods end up in Europe.

00:31:44.540 They're having to go all the way around the Cape and much longer lead times. 0.99

00:31:51.540 But the Europeans were unable, unwilling to even put a dent in the Houthis. 0.65

00:31:59.400 The U.S. jumped in and really administered a beat down.

00:32:05.400 Secondly, let's think about how do the Russians view Europe?

00:32:11.320 So last summer, when President Ursula von der Leyen was coming back from a visit in China, the Russians jammed her airplane, the radar on her airplane, and caused a forced landing with visuals in Bulgaria.

00:32:29.520 Could you imagine the Russians doing that to Air Force One? Of course not.

00:32:32.540 The Russians now have a campaign of mayhem all around Europe.

00:32:38.680 They are, whether it's cyber, whether it's public assets, they are blowing things up. 0.86

00:32:46.840 They are up to a lot of mischief, and the Europeans aren't able to counter it.

00:32:52.560 So why would we think that in the event that the Russians wanted Greenland, that it would be anything other than a sitting target? 0.70

00:33:02.000 The U.S. would get dragged into it because we would live up to our NATO obligations.

00:33:06.540 So why not preempt the problem?

00:33:09.200 Oh, and this is exactly the same part of the North Atlantic, not far away where you have

00:33:12.800 the undersea cables, and that's all the banking information, all the internet information

00:33:16.700 that's traveling between the U.S. and Europe, all the banks of London, all the banks right

00:33:21.400 here in Switzerland, all that information is going right through those undersea cables,

00:33:25.140 and that's exactly how they've designed their deep sea submersibles to be able to go down

00:33:29.440 to tap into that or potentially to interfere with it.

00:33:32.040 Exactly. So, again, President Trump is being strategic, and I think we will hear a lot more from him over the coming days and weeks.

00:33:45.800 I think it's exactly right. So I wanted to, you know, speaking of Russia there, I wanted to touch, it's been almost one year since our visit, your visit, really. I tagged along to Kiev, meeting with President Zelensky. Where do you think things stand? You know, it doesn't look, as far as I know, I don't believe Zelensky is going to be here. Correct me if I'm wrong, but I don't believe Zelensky is going to be here for this, you know, this summit. Where do things stand with Ukraine, as far as you can tell us?

00:34:11.120 Well, what I can tell you is Special Envoy Witkoff and Jared Kushner have had very fulsome discussions with both sides.

00:34:20.420 I think that there is progress.

00:34:22.720 There is movement.

00:34:24.020 But, Jack, just think about the loss of life in the years since we've been there.

00:34:30.180 And we've seen some of the most deadly battlefield attacks just in the past few weeks and months.

00:34:38.580 So war never would have happened.

00:34:41.120 If President Trump had been in office, Russians took Crimea under Obama.

00:34:49.140 Europeans were told not to push back.

00:34:51.840 There was plenty of notice that the Russians were going to go in under Biden.

00:34:56.140 And it was, well, they'll just take a little bit of it.

00:34:58.740 He said, oh, come on in.

00:34:59.780 Don't take much.

00:35:00.500 And I think we are making good progress.

00:35:05.880 Ukrainian people have fought valiantly.

00:35:09.120 They've created an incredible, incredible drone industry there. So that's happening. And we will see. But President Trump and his team have been working to solve this.

00:35:28.020 I think he's been frustrated with President Putin, and we'll see.

00:35:35.480 I wouldn't be surprised if we don't see some resolution in the coming months, because we will get back into the summer, and that's the real killing season.

00:35:45.680 That's always the fault.

00:35:46.980 Once it thaws, once the mud solidifies, that's when the tanks really start rolling.

00:35:51.860 And I want to be cognizant of the time here.

00:35:53.920 I know we're getting up towards the end, but I also wanted to ask you to America 250.

00:35:58.640 They've got the big USA house over here.

00:36:00.760 That's setting up.

00:36:01.620 We're in America's 250th birthday year.

00:36:05.460 I know so many celebrations being planned for that.

00:36:08.640 I wanted to also mention, though, that the Trump accounts.

00:36:11.480 Now, this is a huge thing that's going to be rolled out going in for kids.

00:36:15.580 We've got two little kids in our family.

00:36:18.240 We heard that the vice president has number four on the way.

00:36:21.960 I believe, I hope this is public, but I know that Stephen Miller has number four on the way.

00:36:29.600 A number of other pregnancies going around out there. 0.59

00:36:31.800 MAGA baby boom.

00:36:33.420 And so tell us about these. 0.79

00:36:34.820 Jack, one thing I can tell you is that as one of three, four would probably be better.

00:36:40.860 Four, the kids start taking care of themselves.

00:36:44.280 They team up against the parents who aren't.

00:36:46.140 There isn't as much intramural fighting.

00:36:50.540 Oh, and Carolyn Leavitt, of course.

00:36:52.000 Yes, yes.

00:36:54.420 There's an incredible birthday of our country, and I think it's miraculous.

00:37:03.420 President Trump is in office here, and he's going to reaffirm our history, but look forward.

00:37:10.600 That we're going to reaffirm our values, look at what is great about our country, what made us great, take the best parts of that.

00:37:19.960 And then President Trump is also the president of the future.

00:37:24.260 He's looking back and honoring the past, but imagining what the next 250 years look like and setting the course.

00:37:34.380 The American experiment is really just kicking into full gear here.

00:37:40.780 Never been a country like it.

00:37:42.860 Anyone who wants to deny American exceptionalism is wrong.

00:37:47.320 I was reading a book about the founder of Singapore, Lee Kuan Yew, and he said, we need to be like Americans because Americans always believe they need to be number one.

00:37:58.680 They need to be number one.

00:37:59.740 And we are, I think everything we're doing now in this administration is setting the sails for a great, the 21st century can be the American century, and these Trump accounts.

00:38:15.660 Jack is a great guy. He's written a fantastic book. Everybody's talking about it. Go get it.

00:38:21.340 And he's been my friend right from the beginning of this whole beautiful event.

00:38:25.280 And we're going to turn it around and make our country great again. Amen.

00:38:28.820 President Trump has had an incredible first year, as I said, trade deals, peace deals, tax deals.

00:38:35.140 But I personally think one of his enduring legacies will be these Trump accounts that two parts to it.

00:38:43.100 For the next five years, every child born, the U.S. government will open an account in the child's name.

00:38:50.780 the parents open the account, the U.S. government will fund it with $1,000, gets invested in the

00:38:55.980 stock market. 38% of Americans have no exposure to the U.S. stock market. Top 10% have a lot of

00:39:05.300 exposure. Everybody else, mostly through 401ks, that kind of things, have a stake in the society.

00:39:14.080 We're seeing this creeping socialism.

00:39:16.800 We're seeing Caracas on the Hudson.

00:39:22.220 And I believe two things.

00:39:25.600 One, once we give every child a stake and we can build up that every American gets to share in the bounty of America, in the innovation, in our great entrepreneurial system, in our capital system, that will be a game changer.

00:39:42.900 were doing a lot of financial literacy. Then the other part to this is, like you, people in the

00:39:50.280 Vances, people with children can open Trump accounts for their children. They can contribute

00:39:55.940 up to $5,000, or your employer can contribute $5,000. The other thing that is going to happen

00:40:03.920 is we are seeing great philanthropists, Michael and Susan Dell, gave a $6.25 billion gift. They

00:40:11.360 are going to top up the Trump accounts, which works out to about $250 per child nationally.

00:40:21.520 So they're doing every child except for the top 20% economically in zip codes. And so I think we're

00:40:29.680 going to see a lot more philanthropists. We're going state to state. Ray Dalio, a hedge fund

00:40:34.200 manager, just adopted Connecticut. And we're going to try to get people in every state.

00:40:40.560 We, philanthropies, foundations can contribute, and we think that there are going to be about

00:40:46.340 20 states that are actually going to top up the accounts too.

00:40:50.120 And the way to think about it is a child who gets $1,000, that if they hold that until

00:40:57.800 they're 65, it'd be half a million dollars.

00:41:00.820 So right now, the foundation of most Americans' retirement, Social Security, defined benefit

00:41:06.720 plan, monthly payments. This will be an incredible supplement, not a substitute. So you'll have the

00:41:13.500 monthly payments, but then if it's just the thousand, you will have half a million dollars

00:41:19.140 for your retirement. And then if it gets topped up along the way, it could be in the, in the

00:41:23.620 millions. That's incredible. Now you mentioned before, before I let you go, you mentioned the

00:41:27.420 stage right there. And that reminded me, I'd be remiss if I didn't say that, uh, that you were

00:41:31.900 there on the opening day of Davos. Gavin Newsom, the governor of California, he was there as well.

00:41:39.640 He had some interesting comments. He compared President Trump to a T-Rex, some strange things

00:41:46.780 that he said. What's your response? Did you see the governor and do you have a chance to speak

00:41:50.980 with him? What would you respond? Well, I haven't spoken to him. He came to my interview with Maria

00:41:57.680 Bartiroma. He seemed not to comprehend much of it. He seems that I thought...

00:42:03.300 Far for the course for Gavin. 1.00

00:42:04.240 Well, I thought Kamala Harris was probably the biggest economical literate from California, 0.70

00:42:08.320 but I think that that's something he's number one in. And I didn't really understand this

00:42:14.420 comparison to T-Rex. T-Rex is a fulsome fighter, but I would say I would compare Governor Newsom

00:42:24.900 probably to a brontosaurus just a big lumbering beast with a brain the size of a walnut

00:42:29.980 i mean so t-rex versus brontosaurus we know who used to win that fight that i i think we've got

00:42:37.860 65 million years of history on that one carnivore versus herbivore it's pretty pretty much how it

00:42:43.480 goes and around and and certainly they don't like carnivores here in davos with the with the food

00:42:47.960 You're not a huge fan of the food here, I heard, by the way.

00:42:50.400 You know, I know.

00:42:52.460 And, no, I know if you remember a couple of years ago, one of the recommendations from the Davos elite was we could all be eating bugs and insects.

00:43:02.880 Yeah, the insect food.

00:43:03.860 Yeah.

00:43:04.680 And I tell you, after a couple of days of the food here, I may switch to bugs and insects.

00:43:10.360 You'll take the insect food.

00:43:11.820 Yeah.

00:43:12.120 Unless that's what it is.

00:43:13.480 Or I'm going to bring some Pop-Tarts next time.

00:43:16.100 Some Pop-Tarts.

00:43:17.780 Secretary Besson, as always, very honored.

00:43:20.160 Thank you so much for being with us.

00:43:21.660 Good to take care.

00:43:22.220 God bless.

00:43:23.320 Wow.

00:43:24.320 Scott Besson, Secretary of the Treasury,

00:43:26.960 sitting down with us here at Human Events Daily on the sidelines,

00:43:30.400 the World Economic Forum, Davos, Switzerland.

00:43:33.160 I got to say, hats off again to Rob, Parker,

00:43:37.060 the entire Real America's Voice team,

00:43:40.080 Mason and Luke, who were so incredibly helpful to us here on the ground.

00:43:45.060 Could not have done this without them.

00:43:47.040 A lot of moving parts, as you can imagine, getting in and out of here.

00:43:50.740 Security is tight.

00:43:51.860 It's a remote location.

00:43:53.940 Logistics are an absolute nightmare.

00:43:56.640 And I just want to say thank you to the team for everything that they were able to do to support this kind of work,

00:44:01.980 to be able to get you, the viewer, inside the story to bring the action directly to you.

00:44:08.540 Look, what Secretary Besson is talking about here, when he goes through all of these countries,

00:44:12.340 when he goes through Greenland, when he walks you through Asia, South America, Europe,

00:44:16.900 What's the point?

00:44:17.820 The point is simple. 0.95

00:44:18.940 What does Secretary Besson care about?

00:44:21.040 He cares about the numbers. 0.68

00:44:22.580 He cares about the bottom line.

00:44:24.560 And what is that line?

00:44:25.780 The American economy.

00:44:27.540 You saw him when he talked about the Trump accounts right there for kids.

00:44:30.420 He said, we need to get Americans invested in the American economy.

00:44:35.920 We need to get Americans to have ownership, be stakeholders in the American economy.

00:44:40.640 That means you get a piece of the pie.

00:44:43.080 You're not just working nine to five every day.

00:44:45.380 it means you get a little slice for yourself that when america does well you do well and that when

00:44:50.560 america does better you do better because we've gotten to a situation in this country where

00:44:55.400 unfortunately and i say this country i'm in switzerland but i'm talking about the united

00:44:59.220 states where we know the middle class is getting squeezed out we know they're turning it into the

00:45:03.460 eggheads of course call it a k-shaped economy and what we're seeing here is that the united states

00:45:12.100 is turning into now an hourglass shaped economy. So many at the top, so many at the bottom,

00:45:19.540 the middle squeezed. And that's a problem. President Trump understands that's a problem.

00:45:24.640 That's why he appointed Secretary Besant. That's why Secretary Besant earlier in the week, he said,

00:45:29.360 we're going to see parallel growth in the United States. What does he mean by parallel growth?

00:45:33.200 It means growth for the high wealth earners and growth for the low income earners. What does it

00:45:41.980 mean? Main Street and Wall Street growing together. And how does this all tie in? Folks, it's the

00:45:48.080 midterms. We're going to have midterms in less than one year from now. They are going to kick

00:45:54.300 off. So these elections are coming. They're coming soon. That's why President Trump is making this

00:45:59.680 such an appeal. That's why he's putting all of this front and center, front load the international

00:46:04.400 travel. And we've been told, actually, Susie Wiles put some information out that she is that

00:46:09.400 this foreign travel there's going to be less and less of it as going forward because he is going

00:46:14.780 to be focused more and more on the midterms going around the country going state by state looking at

00:46:21.820 those swing states looking at those senate candidates the key candidates because all of

00:46:26.100 this hangs in the balance the trump agenda hangs in the balance the mega movement hangs in the

00:46:31.500 balance every piece of it is intrinsically linked and for those who don't understand that for those

00:46:37.340 who don't get it, you need to see the bigger picture. Trump's got his plan. He's got his

00:46:43.580 agenda. He's going to be curtailing the international travel. Now, I wouldn't necessarily

00:46:47.840 say that there isn't going to be any more international travel, but we do know that

00:46:52.860 the focus coming forward after this is going to be the United States is going to be those swing

00:46:58.680 states going around and making sure that those key Senate races, whether it's North Carolina,

00:47:04.100 Whether it's Maine, those states are the ones that are for Georgia is going to be a huge, huge Senate race.

00:47:11.260 Those are the ones that we need to focus on in Kentucky, actually.

00:47:14.420 Of course, the Kentucky primary, we cannot forget about that.

00:47:17.920 Huge news on that front, Elon Musk, $10 million to Nate Morris, who we've had here on the program,

00:47:23.780 has been endorsed by Turning Point Action, one of the last people who Charlie Kirk endorsed.

00:47:28.140 Folks, that wraps up our coverage here for Human Events Daily in Davos.

00:47:33.340 And unless anything crazy happens behind me, hopefully we'll have a safe flight home.

00:47:39.420 And so remember, what happens globally can affect you locally.

00:47:45.480 If there's any message of human events daily, it's that these world forces do affect us

00:47:51.620 at home.

00:47:52.180 They affect your neighborhood.

00:47:53.340 They affect the schools that you send your kids to.

00:47:55.520 They affect the hospital that you go to when you get sick.

00:47:58.960 They affect it all.

00:48:00.140 and these people here at the world economic forum we remember what they did we remember what klaus

00:48:05.980 schwab did they're not going to go get away from it personally just leave my opinion here trump

00:48:11.120 should pull out ladies and gentlemen as always you have my permission to be short

Human Events Daily with Jack Posobiec - January 22, 2026

Live From Davos： Exclusive Interview with Secretary of the Treasury Scott Bessent

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