Human Events Daily with Jack Posobiec - May 28, 2026


THE ART OF THE IRAN DEAL


Episode Stats


Length

53 minutes

Words per minute

166.96

Word count

8,998

Sentence count

534

Harmful content

Misogyny

3

sentences flagged

Toxicity

3

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Hate speech

17

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Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
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00:00:00.000 Hey guys, it's Jack. I wanted to let you know that we're starting a new push for subscriptions
00:00:06.860 here on Human Events Daily. So make sure that when you're listening to this podcast, you
00:00:11.980 hit subscribe, you download it, and you share it with five of your friends. Make sure they're
00:00:17.420 all going and downloading as well, because we need to get the signal out as much as possible.
00:00:22.660 Look, we've done so much over the past couple of years since this show started, and we're
00:00:26.840 only going to do so much more. Let's get it.
00:00:34.040 This is what happens when the fourth turning meets fifth generation warfare.
00:00:43.160 A commentator, international social media sensation, and former Navy intelligence veteran.
00:00:49.760 This is Human Events with your host, Jack Posobiec. Christ is king. And right now we are
00:00:55.260 getting this breaking news that's coming in from Axios. He says, Scoop, U.S. and Iran reach deal,
00:01:00.700 but need Trump's final approval. That is according to two U.S. officials and a regional source
00:01:05.920 involved in the mediation efforts, speaking there with Barack Ravid over at Axios. So again,
00:01:11.380 that's just coming in. And of course, you know, we'll see how that all plays out.
00:01:17.460 Welcome to Human Events Daily. I am Bo Davidson, filling in momentarily for Jack,
00:01:22.240 as he is currently in the White House press briefing room.
00:01:25.620 He's awaiting a briefing by Treasury Secretary Scott Besson.
00:01:28.660 So we will be sure to get you to that in just a few moments as Scott goes live.
00:01:33.380 But we do have some breaking news that you saw during the cold open regarding the Iran war.
00:01:37.760 And this regards a memo of understanding, as otherwise known as an MOU.
00:01:42.280 That's what we're talking about when we talk about memo of understanding.
00:01:44.700 And I want to give you the details to this because this has been breaking over the past 24 hours.
00:01:48.980 And we want to make sure that our Human Events Daily audience is informed.
00:01:52.060 So here are just some of the kind of the overview bullet points.
00:01:55.540 The United States and Iranian negotiators have reached an agreement on a 60-day memorandum of understanding
00:02:01.860 to extend the ceasefire and launch negotiations on Iran's nuclear program.
00:02:07.120 But President Trump has yet to give his final approval.
00:02:10.840 This is according to two U.S. officials and a regional source involved in the mediation, according to Axios.
00:02:16.820 That's who you saw in the cold open there.
00:02:18.400 So President Trump has not given his final approval on this.
00:02:21.220 My understanding is that he needs a couple days to think about this, but this is a groundbreaking component as we move towards the path towards peace.
00:02:30.380 Now, the MOU would be the most significant breakthrough since the start of the conflict in Iran.
00:02:36.020 So that's why this is momentous.
00:02:38.540 You know, everything relies on whether this MOU actually takes place, and we do have a 60-day ceasefire.
00:02:45.020 It is said that the MOU is what gets the parties to the table.
00:02:48.980 Well, this is kind of this just initial catalyst to get the two parties to the negotiating table.
00:02:53.680 The devil, as they say, is in the details.
00:02:56.140 And those are still, of course, to be negotiated.
00:02:58.560 So this is just kind of the catalyst, that tender box that allows these two parties,
00:03:02.700 the U.S. and the Iranian regime, to come together and begin talking.
00:03:06.720 Now, the U.S. officials claim the Iranians later came back and said that they had the necessary approvals
00:03:12.040 and were prepared to sign this MOU.
00:03:15.140 Iran has not confirmed that.
00:03:16.640 And, of course, this is according to Axios.
00:03:18.680 The U.S. negotiators briefed President Trump on the details of the final deal, but he did not immediately sign off.
00:03:25.300 So that's still pending.
00:03:26.880 There's a quote here that says the president relayed to the mediators that he wants a couple of days to think about it, as I mentioned earlier.
00:03:34.220 So we don't think that President Trump is going to immediately say yes to this.
00:03:37.900 He's going to need a couple days to think about it.
00:03:39.540 And this all, of course, plays into the art of the deal, which we will get into in a moment.
00:03:43.060 But this is the guy you want in the room, of course.
00:03:45.340 This is who's championing our cause for the plight of America and for the world, as he said.
00:03:49.420 He's not just doing it for the United States.
00:03:50.680 He's doing this for peace in the world.
00:03:52.960 Now, U.S. officials said the 60-day MOU will state that shipping through the Strait of Hormuz will be, quote, unrestricted.
00:04:00.520 U.S. officials said this means no tolls and no harassment, and that Iran will have to remove all mines from the Strait within 30 days.
00:04:09.600 The U.S. naval blockade will also be lifted, but, and this is an important component here, folks,
00:04:14.300 That will happen in proportion to the restoration of commercial shipping.
00:04:19.580 That's what the U.S. officials said.
00:04:20.800 So remember, that blockade will be removed in proportion to the amount of shipping that comes through that strait,
00:04:26.680 which I think is a smart component of this MOU.
00:04:29.700 The MOU will include an Iranian commitment not to pursue a nuclear weapon.
00:04:33.880 That's point number one.
00:04:35.560 It will also state that the first issues to be negotiated during this 60-day window
00:04:40.600 will be how to dispose of Iran's highly enriched uranium
00:04:44.680 and how to address Iranian enrichment.
00:04:48.300 The U.S. will commit to discuss sanctions relief
00:04:50.760 and the release of frozen Iranian funds
00:04:53.560 as part of the negotiations.
00:04:56.220 The Memorandum of Understanding will also include
00:04:58.820 a discussion of a mechanism to help Iran
00:05:01.260 start receiving goods and humanitarian aid.
00:05:04.180 Of course, Scott Besson has mentioned
00:05:05.380 that their economy has pretty much been choked off,
00:05:07.660 that it's in a free fall.
00:05:08.460 I'm sure that Scott will address that shortly as his press briefing gets underway.
00:05:13.060 Now, U.S. officials also claim that there will be no side deals or secret clauses about sanctions relief or funds going towards Iran.
00:05:21.660 The quote is, the more the Iranians are willing to give, the more they will get.
00:05:27.220 Now, in the past 48 hours, there have been two skirmishes. 0.92
00:05:30.960 The U.S., of course, shot down drones over the Strait of Hormuz.
00:05:34.220 and, this was breaking overnight,
00:05:36.960 Iran launched a ballistic missile on Kuwait
00:05:39.440 and that was intercepted, of course. 0.99
00:05:41.640 But again, this is all part of the art of the deal.
00:05:44.460 You know the book that President Trump wrote,
00:05:46.540 this is the guy that you want in the room where it happens,
00:05:50.040 as the song goes from the show Hamilton.
00:05:52.700 Now, I want the Humanovaid's daily audience
00:05:55.040 to understand and think about the alternative to this.
00:05:58.860 If Kamala Harris had become president, for instance,
00:06:01.680 Can you imagine the disaster that this would be in these negotiations if Kamala Harris were in these negotiations or anyone actually from a previous Democratic administration?
00:06:13.960 You think about Barack Obama.
00:06:15.520 You think about the terrible JPCOA that was created from that.
00:06:19.880 That was an awful deal.
00:06:21.420 And President Trump has reiterated this over and over and over again, how bad that deal was, that we got nothing out of it.
00:06:27.540 We give them loads of cash and bam, wham, bam, thank you, ma'am.
00:06:30.580 Iran has all kinds of money. They're able to fund their terrorist proxies. And now we're in the
00:06:35.020 situation that we're in right now. So President Trump has changed that. He's wiped the slate
00:06:38.660 clean. We have Marco Rubio. We have J.D. Vance, some real heavy hitters. And, you know, both
00:06:44.580 parties are probably going to walk away a little unhappy about this. But hopefully, Iran will be 1.00
00:06:50.620 less happy about it than we will be. So that's the facts that are on the slate today. We are 0.98
00:06:55.720 awaiting Jack Posobiec, who is in that press briefing with Scott Besson. And we're going to
00:07:00.080 Take a break right now, and we will be right back with more Human Events Daily.
00:07:30.080 Stand in our way and our golden age has just begun.
00:07:35.120 This is Human Events with Jack Posobiec.
00:07:37.080 Now it's time for everyone to understand what America first truly means.
00:07:41.740 Welcome to the second American revolution.
00:07:49.940 All right. Welcome back to Human Events Daily.
00:07:52.240 We are awaiting a briefing by Treasury Secretary Scott Bessent.
00:07:56.160 Jack is there right now.
00:07:57.540 Now, of course, Scott Bessent will be delivering remarks on the economy, talking about, I know
00:08:01.820 it's been rocky for a lot of people.
00:08:03.160 You're paying at the pump.
00:08:04.080 We acknowledge that.
00:08:04.920 We understand that.
00:08:05.900 I've done it myself.
00:08:06.820 It ain't pretty.
00:08:07.420 But the economy, there are signs of improvement.
00:08:09.960 And he's also going to talk through the launch of the Trump account app.
00:08:12.940 So we want to take you right now to that, where Jack Posobiec is.
00:08:15.760 Here is Treasury Secretary Scott Bessent.
00:08:17.940 So I don't want anyone yelling, reclaim my time.
00:08:22.700 So let's start out with Trump accounts.
00:08:24.940 Trump accounts, I believe, are the most important benefit for young people since the GI Bill.
00:08:29.940 Today, the app is now available on all major platforms, bringing the President's vision directly to American homes.
00:08:37.940 Nearly 6 million American children have been signed up for Trump accounts, which will launch on July 4th.
00:08:43.940 And I would encourage all of you to go to trumpaccount.gov to sign up.
00:08:49.940 We had a historic tax filing season.
00:08:53.140 We passed the largest tax cuts in American history.
00:08:56.020 The average refund this filing season is nearly $3,300, an 11% increase from last year.
00:09:01.420 And importantly, very importantly, 62 million returns, 44% claimed at least one of the president's signature tax cuts.
00:09:11.120 No tax on tips, no tax on overtime.
00:09:13.120 The reduced taxes on Social Security benefits, 85% of our seniors paid no taxes, and the auto-deductibility on loans for American cars.
00:09:27.300 And to remind everyone, Democrats, every Democrat, voted against those programs.
00:09:33.380 We've had sustained and resilient GDP growth.
00:09:36.500 Real GDP has risen 2.6% over the past four quarters.
00:09:40.780 Atlanta Fed's GDP now predicts 3.8 percent for this quarter, second quarter.
00:09:48.280 The U.S. energy dominance, part of our resilience stems from our energy dominance.
00:09:54.740 Natural gas is down, is my belief, and the futures market is showing us oil will be lower than pre-conflict levels.
00:10:02.460 We are more resilient to energy price fluctuations due to President Trump's energy dominance and deregulatory agenda.
00:10:08.640 The United States is now the world's largest energy exporter.
00:10:13.260 The United States has never exported so much energy or produced so much energy.
00:10:18.460 Main Street prosperity, the average 401k is up almost $30,000 since President Trump's inauguration.
00:10:25.620 President Trump Rx has already saved Americans over $600 million.
00:10:29.640 I'm sure all of you will want to report on that.
00:10:32.300 And the unemployment rate remains low at 4.3%.
00:10:36.040 So with that, I'm happy to ask some questions.
00:10:40.460 I will mention that three weeks ago, I got an honorary degree from the University of South Carolina.
00:10:46.220 So if you really want to get a question, you can call me Dr. Besson.
00:10:50.200 So.
00:10:50.680 Dr. Besson, I want to start with these Trump accounts.
00:10:59.400 you know, there's a lot of people, a lot of working class Americans that maybe don't have
00:11:02.920 the financial expertise when it comes to stock markets and investing in general.
00:11:08.280 In what ways do you, are you guys simplifying this for all those Americans so that it's not
00:11:12.720 just for one class of people, but all Americans can have it? Well, that's a great question because
00:11:18.060 38% of Americans have no exposure to equities. They don't share in the great innovation,
00:11:24.640 the machine that is the American economy, our great capital markets, drives our prosperity.
00:11:33.700 So if your child is born during President Trump's administration,
00:11:38.820 Treasury puts in $1,000 as a seed investment.
00:11:42.660 We've also created six learning pods.
00:11:45.840 So you can go online to the app that went up today and learn.
00:11:50.520 And I think that this is going to be I've been a big proponent of financial literacy, and I think this is going to be one of the greatest real time financial literacy educations in history, because it won't be like there's a street in New York called Wall Street.
00:12:07.220 This is what I don't really understand what happens there. American family is going to be able to look on their phone every day and see. And, you know, I think it's going to drive people to try to understand what they've got here.
00:12:20.120 I think we're going to create a generation of shareholders.
00:12:24.120 So, Ed?
00:12:25.760 Thank you, Mr. Secretary.
00:12:27.520 I guess first, well, we're starting to see the disruption of the oil supply and food straightforward moves affect economic data.
00:12:35.620 First, is there a deal on the table for 60-day ceasefire to continue that?
00:12:40.540 And then second, how fast could inflation then recede or retreat?
00:12:45.360 Or is inflation sticky because the PCE was at a three-year high?
00:12:48.920 Well, first of all, PCE today, month over month, was 0.2, which was, we're looking at decimal points, but the estimate was 0.3, so one month doesn't a trend make.
00:13:01.740 And what we've seen is actually oil prices are down about 10% in May.
00:13:07.240 There are almost 2,000 ships waiting to come out of the Gulf, and I think the oil market is going to be very well supplied on the other side of this,
00:13:15.360 and that we could see prices come down very quickly.
00:13:17.980 We saw the UAE leave OPEC.
00:13:21.580 So I would expect on the other side of this that gasoline prices will follow.
00:13:26.920 Is there an agreement with Iran on the table?
00:13:31.940 The teams have been going back and forth, and President Trump has made it very clear,
00:13:36.980 he talked about it at the cabinet meeting, that he has several red lines.
00:13:42.640 And Iran has to turn over their highly enriched uranium.
00:13:46.500 They cannot pursue a nuclear weapon.
00:13:49.060 And the Strait of Vermouth, back to your question on energy, has to, free transit, navigation of the seas, has to be free and open as it was before.
00:13:58.540 So he's not going to take a bad deal.
00:14:00.520 He's going to make a great deal for the American people.
00:14:05.460 So, Peter.
00:14:06.460 How long until we see your signature next to President Trump's face on a $250 bill?
00:14:18.920 Well, again, as Treasury Secretary, I have two mandates for U.S. currency.
00:14:25.080 At present, no living person can be on U.S. currency, and the currency must stay in God we trust.
00:14:32.220 So right now there is proposed legislation in front of the House, in front of the Senate, to change the first requirement so that a living person, Donald J. Trump, could be on a $250 bill.
00:14:45.780 So it's all in the hands of the, it's all up on Capitol Hill.
00:14:51.920 So at Treasury, we prepare things in advance.
00:14:57.260 So we have prepared in advance that if the legislation is passed, but we will stick to the law.
00:15:03.800 And something that came up yesterday, also at the Cabinet meeting, President Trump said,
00:15:09.300 Oman will behave just like everybody else, or we will have to blow them up.
00:15:14.480 Are you guys back there in the West Wing making plans for a new war with Oman? 0.68
00:15:19.360 Again, I think the president wanted to punctuate freedom of navigation in the strait.
00:15:25.300 I had a call with the Omani ambassador this morning, and he assured me that there were no plans for tolling the strait.
00:15:33.300 As he said, our countries have had 200 years of good relations.
00:15:36.640 He wants to have another 200 more.
00:15:38.500 and I told him that this was a non-starter and he did not want to risk
00:15:44.460 either the Omani individuals or Omani financial institutions they're getting
00:15:50.220 sanctioned is it in the US interest to waive some sanctions on Iran or to
00:15:59.340 unfreeze some of their assets before Iran has made concrete promises about
00:16:05.560 getting rid of their nuclear program again I'm not going to preview the deal
00:16:09.820 but I would think that the things would go very slowly the in terms of that so
00:16:16.660 you know we'll see just to follow up on that because it's our understanding that
00:16:23.200 the u.s. has committed to discussing the matter of sanctions relief during this
00:16:26.440 negotiation period so just to be clear is sanctions relief for Iran on the
00:16:30.400 table. Again, it is a multifaceted agreement and nothing is going to be on the table until we see
00:16:39.420 the Strait of Vermont open and the Iranians agree that they have to turn over the highly enriched
00:16:48.780 uranium and that they can't have a nuclear program. And to be clear here, that this administration,
00:16:55.660 President Trump has done something that no other administration is able to do.
00:16:59.780 We have gotten the Iranians to talk about their nuclear program and to perhaps commit to not having one.
00:17:06.460 That has never happened before. It had been off the table.
00:17:09.760 So I think when you look at the results of the kinetic action of our economic pressure,
00:17:14.480 it has worked to bring them to the table and have a discussion on this.
00:17:17.680 Mr. Secretary, I just want to follow up.
00:17:21.420 You said that the teams have been going back and forth.
00:17:24.420 But can you confirm whether or not a tentative agreement has been reached in these negotiations with Iran?
00:17:30.900 Again, everything depends on what the president wants to do and
00:17:35.660 President Trump is not going to make a bad deal for the American people
00:17:39.660 for the US and he was very clear at the cabinet meeting on
00:17:44.820 the yesterday what he wants
00:17:54.420 I'm sorry, did I still have this question because I'm not that person?
00:17:56.420 No, it's you.
00:17:57.420 Okay, thank you so much.
00:17:58.420 Thank you for taking my question.
00:18:00.420 Karen from Lindell TV.
00:18:01.420 I really wanted to get your thoughts on digital currency.
00:18:03.420 A lot of our viewers are increasingly worried that digital currency could one day be used
00:18:08.420 to track people's spending or limit personal freedom.
00:18:11.420 What's your philosophy on that?
00:18:13.420 And what safeguards is the Treasury and its administration putting in place to make sure
00:18:17.420 new digital payment systems protect Americans' privacy and freedoms in the future?
00:18:22.420 so this administration has been very clear there will be no central bank
00:18:26.140 digital currency which I think they is would be the first step toward tracking
00:18:31.540 so we have taken that off the table we passed stable coin legislation would
00:18:35.380 bipartisan and the Clarity Act is now up on the hill I think it has bipartisan
00:18:40.780 support and the most important thing we can do is to make digital assets come
00:18:47.440 into the United States make the US the home our regulation our best practices
00:18:53.740 what will ensure good standards for these when you look at digital assets
00:18:58.300 all the nonsense that happens all the things you read about that's because
00:19:02.500 it's the wild wild west offshore so we got to bring it on short so I would
00:19:06.640 encourage the House and the Senate to get clarity done.
00:19:09.980 A lot of people talking about the IRS settlement and which has been rolled over now into this
00:19:23.260 weaponization fund over at DOJ wanted to get your comment on the decision process as much
00:19:29.980 you can tell how that settlement came to be how it was rolled over to DOJ and then the
00:19:34.920 process for uh how for those funds now as it's played out good so thank you thank you for the
00:19:40.520 question uh this is going to be the only question i'll take on this matter today so there's ongoing
00:19:45.560 litigation so it'd be inappropriate for me to comment uh president trump is a great american
00:19:51.320 who has endured more than 10 years 10 years of non-stop harassment and weaponization from the
00:19:57.000 federal and state government actors the a bad actor at the irs leaked more than 400 000 tax
00:20:04.840 returns including the Trump family all the employees and that's how we got here
00:20:10.480 now no American should be targeted for political reasons and every citizen
00:20:14.560 deserves fair treatment full protection of the law the Department of Justice
00:20:18.680 represented Treasury and the IRS in this matter and I'm gonna have to refer any
00:20:23.560 questions to acting Attorney General Todd Blanche so
00:20:29.440 We're going to have a better guess.
00:20:31.100 The Pressure.: So President Trump has said that we can expect
00:20:35.440 interest rates to come down very quickly, a number of times
00:20:38.580 through that last week.
00:20:39.760 But the market at the moment broadly does not expect
00:20:42.720 any rate cuts this year.
00:20:43.780 Station Morgan said this, Morgan Stanley and so on.
00:20:47.700 So who is right?
00:20:48.700 The President or the market? 1.00
00:20:51.460 The President Trump's Pregnant business president 0.97
00:20:56.500 I think, again, I believe that we will get through 0.97
00:20:59.340 on higher prices. On the other side of this, I've said publicly that I think we'll be back
00:21:04.540 to substantial disinflation, but most importantly, I think we've got the Warsh Fed now. It's a new
00:21:11.600 day at the Fed. The Treasury Secretary and the Fed Chair have lunch or breakfast every week. I
00:21:17.600 had my first breakfast with Chair Warsh this morning, and I believe that he will do the right
00:21:22.620 thing to balance inflation and growth thank you secretary bessen i hope you were calling on me
00:21:34.300 yes so i i'd like to ask you if you provide a little more detail on what you're doing to shut
00:21:39.260 down iran's airlines and also on sanctions relief uh a senior administration official brief reporters
00:21:45.340 over the weekend that sanctions relief will be commensurate with nuclear concessions
00:21:50.220 but at some point if the enriched uranium is given up should we expect pallets of cash to
00:21:55.180 be flown to iran can you describe how that looks well a couple of things on the airlines one thing
00:22:01.660 that we're not going to do is restrict movement for religious reasons so iranians who want to
00:22:07.420 make the pilgrimage to mecca or medina will be allowed we will also allow valid humanitarian
00:22:15.020 reasons but the the other thing we can do is that when these airlines fly they
00:22:19.920 have to be refueled they sell tickets they pay landing fees anyone who accepts
00:22:24.380 those we will sanction so they should be very clear that the state-owned Iranian
00:22:30.080 airlines via our outlaws and cannot do this
00:22:38.860 you're the White House griefer today I know you've been asked this already but
00:22:42.920 I'm wondering if you could just confirm on the record that there is a tentative deal
00:22:47.200 that has been agreed for a 60-day extension of the ceasefire and then a continuation of nuclear talks.
00:22:53.160 Again, it's always a mistake to get out ahead of the president,
00:22:57.100 so it is all going to be the president's decision.
00:22:59.720 I think that we can see that the president very clearly stated his three,
00:23:07.940 the open the street, highly enriched uranium, no nuclear program.
00:23:12.920 Are those things part of the temporary deal right now, sir?
00:23:20.920 Are those three aspects that you just outlined part of the temporary deal that has been agreed?
00:23:25.920 That if there can be no deal without those, why would there be a deal without those?
00:23:30.920 Mr. Secretary.
00:23:32.920 Thank you so much for taking the time.
00:23:34.920 President Trump at the cabinet meeting said he thought that reducing fraud would help to balance the budget.
00:23:40.920 You put out the goal of getting the deficit to 3% of GDP.
00:23:46.960 What's your timeline for achieving that?
00:23:49.060 And how do you think, what can you say to make the markets, given where rates are, kind
00:23:53.740 of process kind of what your plan and agenda is?
00:23:57.080 The GAO numbers, not my numbers, believe that there's about $500 billion a year of fraud.
00:24:02.300 So could we very quickly get $250 billion of that?
00:24:07.900 budget deficit is approximately $1.8 trillion, so that would reduce the deficit substantially.
00:24:15.880 If we could get that $500 billion number, I think it would engender confidence.
00:24:20.680 You'd probably also go into a virtuous cycle as the budget deficit narrowed interest rates
00:24:26.620 would go down.
00:24:28.360 No one reports it, but last year we actually had a fiscal contraction.
00:24:33.660 Just to remind everyone, we inherited the worst budget deficit in history, in history,
00:24:39.560 when we were not in a recession or not at war, 6.7%.
00:24:44.400 We brought that down to about 5.5 or 5.4% this year.
00:24:48.560 I think we'd stay on a good trajectory.
00:24:54.320 Mr. Secretary, without an executive order, does the U.S. government have adequate defenses 0.95
00:24:59.180 in place to address the risk created by Anthropics new AI models we have great 0.62
00:25:05.960 collaboration between all of the labs that have the large language models but 0.71
00:25:10.580 between the US government via and the labs thank you mr. secretary appreciate it
00:25:21.140 first did you speak with the president before this briefing did he show any
00:25:25.300 willingness to this 60-day ceasefire? I haven't seen the president today. When can Americans,
00:25:33.100 the average American, and can the U.S. economy work for the average American without a deal, 0.91
00:25:38.140 with Iran? Again, I believe we've already seen oil prices come down substantially. We are pumping 0.66
00:25:48.340 more oil than we've ever seen before and I as I said these are short-term
00:25:54.640 challenges that we will get over and I think we'll move forward
00:25:59.860 thank you mr. secretary appreciate it what did you think about president
00:26:11.500 Trump's comments in the cabinet meeting yesterday saying he didn't care about
00:26:15.400 the midterms. So you're calling President Trump a statesman. You're saying that he is taking a
00:26:22.400 statesmanlike position, that he has a core belief and he believes that the most important thing is
00:26:30.820 for Iran never to have a nuclear weapon. So I believe both things can be true. That we can do 0.72
00:26:39.280 well in the midterms that we perhaps have the makings of a deal here and I believe that and
00:26:48.400 look the economy that it is challenging now but unemployment is still low tax refunds were high
00:26:58.960 and consumer spending is still quite high so in my private business over the years I always looked
00:27:05.360 at what were consumers doing not what they were saying and i'm in constant contact with
00:27:11.440 the banks and every income quintile is still doing well thank you mr secretary on the 250
00:27:22.720 bill mr secretary uh you said the legalities of it are up on capital hill but i just wonder
00:27:27.760 what your opinion is personally do you think it's a good idea for the president to put his
00:27:31.920 face on America again the president doesn't do it the House and the Senate
00:27:35.880 I have to do it
00:27:41.580 right yeah it's like it's very passive what are the remaining assurances that
00:27:46.020 President Trump needs to see in order for him to sign off on the agreement with
00:27:50.600 Iran I I I don't think it could be clear
00:27:56.160 You're following in the footsteps at the podium there of Secretary Rubio and Vice President
00:28:04.700 Vance.
00:28:05.700 There's been quite a lot of talk about their possible presidential ambitions.
00:28:09.100 Does your presence here today indicate that we might see you running in 2020?
00:28:12.100 No, I think it just means they've run out of things on the food chain.
00:28:17.100 There has been some back and forth over the last several days, and also with the U.S.
00:28:23.280 Iranian drones yesterday. This morning CENTCOM put out a statement that Iran
00:28:28.260 launches ballistic missile towards Kuwait calling it an egregious ceasefire
00:28:32.500 violation. How can the administration still argue that a ceasefire is in effect?
00:28:37.340 Again with the Iranian with the Iranian government we did not have regime
00:28:43.100 change but we changed the regime. As President Trump said at the cabinet
00:28:47.340 meeting, as we've said other times, the first layer of leadership was eliminated, the second
00:28:54.100 layer, and we're now at the third layer. And the way to think about it is the Iranian government,
00:28:59.600 such as it is, is three pillars. It is the elected government, it is the IRGC, and it is the clerics.
00:29:07.760 And they are having trouble communicating. So we are being patient. We do not have unlimited
00:29:15.900 patient. President Trump always prefers a peace deal. So everything we have done thus far has
00:29:21.980 been defensive. And at present, that is what we will continue doing. But if President Trump doesn't
00:29:27.680 think he can get a peace deal, then Kinetic is back. Thank you, Mr. Secretary. Are you hopeful
00:29:37.440 that the oil prices will go down once this conflict is over, given the fact that the
00:29:42.760 Strait almost remain closed and by the time this oil gets to the mayor markets will be two or three months.
00:29:48.760 Again, we see that the market, I believe, is very well supplied right now.
00:29:55.260 The market seems to be going into balance there for itself.
00:29:59.260 So I think that as the Strait opens up, we're going to see this burst of ships come out.
00:30:05.260 So we may actually see how quickly can it be refined, how quickly can it get to its destination.
00:30:11.760 Thank you so much Aliyah Shirazi from the Daily Mail.
00:30:16.800 You wrote resilience on your cabinet note meetings.
00:30:20.080 Several times the photographers zoomed into it.
00:30:22.000 Are you trying to keep the president calm?
00:30:23.640 Are you trying to keep yourself calm?
00:30:25.760 Why did you write all those notes?
00:30:27.520 So people could look over my shoulder, photograph them and think they got us good.
00:30:32.520 Is the United States considering a reconstruction program for Iran if a deal is signed?
00:30:41.720 And I think we've got to get to the deal before we get to the other side.
00:30:46.180 Mr. Secretary, how effective do you believe the current Treasury restrictions have been
00:31:00.900 in pressuring the Cuban government?
00:31:03.560 And also, if you're in the room when those talks are being held, are there any plans
00:31:07.960 to either tighten the sanctions
00:31:10.040 or to ease the sanctions
00:31:11.600 against the Cuban government
00:31:12.900 to get some type of change?
00:31:14.600 Again, that's going to be up to the Cuban government
00:31:17.840 that they can go up, they can go down.
00:31:21.000 We've tried to get humanitarian aid in
00:31:23.660 and the regime rejected it
00:31:27.040 because they wanted to go through their corrupt system.
00:31:31.380 So they could go up, they could go down. 0.97
00:31:35.340 Karen Sticks, Secretary Rubio,
00:31:37.480 doing a fantastic job of managing this process.
00:31:41.340 And we at Treasury are working with him.
00:31:45.860 In the red.
00:31:46.940 Thank you.
00:31:47.680 Reagan Reese with The Daily Caller.
00:31:49.360 I want to ask you about Antifa.
00:31:51.140 In October, the Treasury Department started working with the FBI to investigate who's funding Antifa.
00:31:57.080 Can you give us an update on that investigation?
00:31:59.960 How close are you guys to finding out who's funding Antifa?
00:32:02.920 It is ongoing.
00:32:04.160 We've made substantial progress, and I think in the weeks and months ahead, we're going to have a lot to report.
00:32:10.320 One thing that did go underreported that I would point out to all of you is the IRS is now giving guidance on the Form 990,
00:32:20.140 which nonprofits, they have to file, and we are going to encourage or demand that nonprofits know their grant recipients.
00:32:31.600 So, if a grant recipient is violent, if they are suppressing people's rights, then you are responsible for that.
00:32:41.460 And I think that's a very good first step.
00:32:47.480 There's new government data that shows that Americans are now saving a smaller share of their incomes than at any time over the past four years.
00:32:54.480 Are you seeing signs that American households are dipping into their savings to pay for the higher cost of things like gas and groceries?
00:33:01.780 And does data like that concern you right now?
00:33:04.320 So academic literature would tell you a lower savings rate can mean one of two things.
00:33:10.160 The kind of the doomer view that you took or that people have more confidence or it could be something else.
00:33:17.880 because, you know, for instance, stock market gains or 401k gains might not show up in savings.
00:33:24.180 So they're looking at that, think that they can draw down their household savings.
00:33:32.380 You're obviously concerned about the risks posed by advanced AI models like Mithos to critical infrastructure.
00:33:39.300 The financial sector is concerned as well.
00:33:41.920 What types of changes are being considered to the AI executive order so we can pass?
00:33:47.620 And do you believe that an AI executive order needs to include the pre-public access for government?
00:33:54.340 Again, we're working very closely with the large language labs.
00:34:00.200 They've been excellent partners, and we are going to get a solution that solves for the maximum calculus.
00:34:06.960 What we want to do, the U.S. is the AI leader in the world.
00:34:11.120 We're an AI superpower.
00:34:12.600 China is second.
00:34:13.720 They are trailing substantially. 1.00
00:34:15.120 We want to make sure that we keep that lead.
00:34:17.960 So we are working on the exact calculus between innovation and safety, and we want to optimize for that.
00:34:28.040 So you in the glasses.
00:34:30.880 Thank you, Mr. Secretary.
00:34:32.160 In the glasses.
00:34:33.260 Thank you.
00:34:33.720 Thank you very much.
00:34:35.200 No, you don't have glasses on.
00:34:37.580 You in the glasses.
00:34:38.720 Thank you for taking my question.
00:34:40.200 There was a report this morning that Justice Alito's son is working in your department.
00:34:46.180 Can you confirm that that's the case?
00:34:47.660 And if so, do you believe that that means that he should be, that the justice should
00:34:52.780 recuse himself from cases that involve your department?
00:34:55.620 I am sure that Mr. Alito follows all legal and ethical guidelines, and I can assure you
00:35:00.740 that at Treasury, we follow all the legal and ethical guidelines.
00:35:04.300 Thank you, Mr. Secretary.
00:35:07.240 I have two questions for you, but just to follow what you said about the-
00:35:09.700 Well, you didn't call me doctor, so I only got one.
00:35:13.540 I'll shoot for two.
00:35:14.920 You said that it's up to Congress, the President's face is on a $250 bill,
00:35:18.740 but it is actually the Washington Post that's reporting two political appointees from the Treasury Department
00:35:22.820 who have asked agencies to be ready to do that.
00:35:26.200 Do you think politically it's a good idea to put his face on a $250 bill
00:35:29.820 when people are struggling to afford gas?
00:35:32.000 You know, I don't really understand this Washington Post article that, who hears from the Post?
00:35:37.080 terribly written, terribly edited
00:35:39.740 because basically what it says
00:35:41.640 is that Treasury
00:35:43.580 is following the law and that
00:35:45.760 we've created the bill and that
00:35:47.700 it's up to Congress, but that we follow
00:35:49.660 the bill and it's up to Congress. I didn't really understand what the
00:35:51.700 story was.
00:35:52.140 So are you saying the appointees aren't
00:35:54.300 involved in that, two of your political appointees?
00:35:56.740 Yeah, of course, but we prepare
00:35:58.180 for everything if it gets passed.
00:36:00.260 Just like we were ready
00:36:02.100 six months in advance for the one big beautiful
00:36:04.020 bill for tax guidance.
00:36:05.880 So we have to prepare in advance.
00:36:08.200 You can't draw something up the day before.
00:36:10.640 Politically, do you think it's a good idea, though,
00:36:12.240 when people are struggling to afford gas and groceries?
00:36:14.940 Look, I think it has.
00:36:16.260 I think that it's bifurcated.
00:36:18.820 Do you think we should have a 250th anniversary celebration?
00:36:24.280 Well, that's happening anyway.
00:36:25.460 But putting the president's face on a $250 bill is a choice.
00:36:28.340 But, Caitlin, it's not happening anyway.
00:36:29.980 It's happening because it's being funded by private citizens,
00:36:33.940 by the federal government by state governments by municipal governments to celebrate our country
00:36:38.500 and i i don't think that the there's anything untoward about having the president united states
00:36:44.100 that the person who was president united states on the 250th anniversary
00:36:48.340 Bill.
00:36:49.340 On Russia sanctions, what you just commented on there, Mr. Secretary, about the $1.8 billion
00:37:02.660 fund.
00:37:03.660 Is it accurate that the General Counsel of the Treasury Department resigned over that?
00:37:07.540 I will not be taking any other questions, I mean, I will not be taking any other questions.
00:37:11.340 On the sanctions, sir, given the scale of the assault from Russia on Kyiv in recent days
00:37:18.220 and the fact that diplomacy seems to have settled down,
00:37:22.360 there is no diplomatic talks happening right now between Russia, Ukraine, or the U.S.,
00:37:26.200 what about sanctions? Is the U.S. considering sanctions on Russia at this time?
00:37:31.040 Well, the U.S., this administration, has put the hardest sanctions on Russia of any country.
00:37:37.020 So let's review how the sanctions regime has gone since the Russian action on Ukraine.
00:37:49.260 The Biden administration put on very what I would call mild sanctions because they were worried about gasoline prices going up into an election.
00:37:59.460 It would be an unstatesman-like sanctions.
00:38:02.680 that probably the worst national security advisor in the history of the country Jake Sullivan
00:38:07.060 in an act of bravery on his way out the door in January they raised the sanction level
00:38:13.620 on behalf of the Trump administration. We let those in situ when we took office.
00:38:21.420 They have fast forward to October and President Trump instructed me to sanction the two largest
00:38:28.580 Russian oil companies, Luke Oil and Rosneft, which we did. No other government has done that.
00:38:35.760 So no one has done more sanctions than the Trump administration on Russian oil.
00:38:41.360 so yeah no no no no here who wants to own this gray hair no gray hair no you don't have gray
00:38:59.100 here. Maybe you do. When you had breakfast this morning with Fed Chair, did you request that the
00:39:10.380 Fed lower interest rates? I had breakfast with Chair Powell 41 times, and I never did that.
00:39:21.420 Last question. Governor Gavin Newsom has floated this idea of a 100% state tax on Californians
00:39:28.860 who have received money from President Trump's anti-weaponization fund?
00:39:32.880 Your response to the governor's call from President Trump? 1.00
00:39:35.540 There's no cure for stupid. 1.00
00:39:38.500 Okay, thank you all. 0.99
00:39:44.880 All right, and that was Treasury Secretary Scott Bessent, of course,
00:39:53.740 delivering some remarks about the economy, Trump accounts, Iran,
00:39:56.980 and a number of other questions that he fielded.
00:39:59.960 I think the topic of the day, of course, is the Trump account.
00:40:03.120 This is interesting and personal to me because I just had a child about three weeks ago
00:40:07.040 who will be eligible for the Trump account.
00:40:08.920 So earlier before this broadcast, I went ahead and downloaded the app.
00:40:13.060 I just haven't started it yet, but I just kind of want to show you what it looks like.
00:40:16.780 And you may be able to, guys, if you can zoom in here, I'll hold this as steady as I can.
00:40:20.040 You can see Welcome to Trump Accounts.
00:40:22.560 And there's just a little slider here where you can see some of the things that it's going to mention here.
00:40:25.880 eligible children start with a $1,000 contribution. Money is invested in U.S. companies with a
00:40:32.100 history, and it moves on to contribute up to $5,000 each year to accelerate potential.
00:40:37.420 And an 18-year child can use the money to jumpstart their future. And then it goes back
00:40:41.600 to the beginning. So this is the app that they've launched. I'm on Apple's iOS, but of course it
00:40:46.060 has been launched for Android as well. This is interesting because this is the first time the
00:40:52.400 federal government has been able to get involved in Trump accounts and invest for your children's
00:40:57.900 future. And whether you voted for Donald Trump or not, that's irrelevant because he actually cares
00:41:03.000 and his administration cares about your kids' futures. And this is novel for me. It's novel
00:41:07.840 for everyone else that's having a child in this window of time. Now, I do want to get to some of
00:41:12.600 the questions that he answered. Benny Harmony, of course, had a question there about these Trump
00:41:17.120 accounts and about the app and what the app can do in terms of financial literacy. And according
00:41:21.640 to Treasury Secretary Scott Besson, he said that 38 percent of Americans have no exposure to
00:41:27.600 equities. And so he believes that this is going to usher in a new era of financial literacy. And
00:41:33.440 I think that's important because even with Julio Gonzalez, who's the president of Rav Español and
00:41:38.280 who I interview from time to time, president of engineer tax services, he talks about the
00:41:43.020 importance of financial literacy and how important that is. So the U.S. government will be providing
00:41:48.440 $1,000 as a seed investment. And Treasury Secretary said he wanted to create a generation
00:41:54.540 of shareholders. This is a very novel, original idea. We've heard of Trump Rx. We have heard of
00:41:59.680 Trump IRA that's coming soon. But right now, it's all about the Trump account. Now, let's get to
00:42:04.340 some of the bullet points that the Secretary talked about on the economy. This was just at
00:42:08.280 the top of his briefing. He talked about the fact that 33 percent of taxpayers got higher returns
00:42:14.700 this year. 33%. That's a pretty good number. 44% of taxpayers claimed one of the four signature
00:42:22.000 Trump tax benefits. We know there was no tax on tips, no tax on overtime, no tax on Social
00:42:27.960 Security, and of course GDP, he said, was positive for four quarters. Energy dominance, a big theme
00:42:34.140 of the Secretary's speech today. The U.S. is now the largest energy exporter. That's novel as well.
00:42:41.120 That's something to celebrate. Unemployment remains at 4.3 percent. Average 401k is up almost
00:42:46.840 $30,000. That's incredible as well. Now, on Iran, before we get to this break, which I know is hard,
00:42:53.200 this was interesting. They asked him several times if a deal had been reached, which is what
00:42:57.080 we reported at the top of the show. Scott Bessett did not seem to indicate that that had been reached
00:43:01.880 just yet. Of course, he has not seen the president today, so we don't know if there's information
00:43:04.840 that he may not know. The point being is that he didn't want to get ahead of the president.
00:43:08.360 He has not seen the president today, but he's got several red lines.
00:43:12.160 President Trump has several red lines and he didn't seem to indicate that the 60 day agreement was in place as of the information that he has currently.
00:43:19.220 We'll make sure to stay on top of this.
00:43:20.340 We want to hit a break right now and we will be back and hopefully Jack Posobiec will be back at Pebble Beach when we return.
00:43:25.580 All this, the Jack Posobiec Appreciation Hour, I can say confidently, I believe,
00:43:41.020 I think Josh Shapiro would be the vice presidential nominee if it wasn't for Jack Posobiec.
00:43:45.180 And that is, I'll be honest.
00:43:51.260 And welcome back to Human Events Daily.
00:43:53.420 Just earlier, you saw Treasury Secretary Scott Besant delivering a press briefing
00:43:57.140 where our very own Jack Posobiec was, who will be out to Pebble Beach in just a moment.
00:44:01.820 But before we went to the break, we were talking about the Iran war
00:44:05.020 and everyone asking Scott Besant, OK, is there a deal on the table?
00:44:08.120 Is there a deal on the table?
00:44:09.060 Because we've been getting these reports from Axios that a tentative deal had been reached.
00:44:12.880 Now, we're talking about a memorandum of understanding, not a full deal,
00:44:15.900 but just a memorandum that would get the two parties to the table
00:44:18.560 to get Iran to commit to never having a nuclear weapon.
00:44:21.780 and we've been hearing this over and over again, especially from Secretary Rubio, Iran can never
00:44:25.920 have a nuclear weapon. So we can't really confirm any of that because Scott Besson didn't seem to
00:44:31.020 indicate that. As soon as we have Jack, we'll be sure to ask him about that. I'm actually curious
00:44:34.740 myself what Jack thinks about that. They asked him if sanctions relief for Iran were on the table,
00:44:39.660 and Scott Besson simply responded, well, not until the straits open. And we know it's so important 0.98
00:44:43.540 to get that strait open for the world economy, for the U.S. economy. It's important. And I thought
00:44:47.900 part of the Axios story was interesting. Okay. I think we're getting Jack now. So Jack, if we
00:44:53.460 have you, Jack, do we have you? You there? Hey, Bo, how are you? Can you hear me? Yeah,
00:45:00.860 I can hear you. Okay. So Jack, we're just talking about the Iran war and the number of reporters in
00:45:05.260 the room that were asking Scott Besson about this Axios headline that we, that we had at the top of
00:45:09.820 the show talking about a memorandum of understanding each person that asked him, it seems like he
00:45:15.140 wasn't really prepared to commit to that news that we had. He said he'd not seen the president.
00:45:20.840 So it just seemed he kind of danced around that a bit. Is that because you think he hasn't seen
00:45:24.740 the president today and maybe he's not aware of that information? Or what did you take from that,
00:45:28.800 that he's not really committing to that? Well, look, my take on it was that very,
00:45:35.560 very directly that, you know, the secretary Besson didn't want to get ahead of the president
00:45:40.560 on that I've confirmed independently of Axios that the deal is on the president's desk he is
00:45:48.480 looking at it that it is not currently signed although that the president is is taking a very
00:45:56.200 strong look at it but you know he's not ready to yet believe to you know put his put his name on
00:46:02.880 wet ink in terms of actually finalizing it but that being said we're very very close all the
00:46:10.120 way down to the final details. And I spoke to a senior White House correspondent over
00:46:14.280 the weekend, excuse me, a senior White House official over the weekend regarding this as
00:46:18.700 well on Saturday and Sunday, Sunday at length, and was told that one of the reasons that
00:46:24.880 the negotiations take so long is because the Iranians will argue from word to word, and
00:46:33.140 to get a decision out of them almost has to go on paper because of the amount of time
00:46:38.520 it takes to be able to get to physically get a piece of paper to the supreme leader because
00:46:43.900 they're keeping him under lock and key because they don't want to give away his location because
00:46:49.540 of what happened to his father so the process takes a lot of time so if president trump here's
00:46:54.840 what it comes down to in practice if president trump wants to change even one word that could
00:46:59.800 add days to the negotiation yeah that totally makes sense well you know one thing i took away
00:47:04.840 also from what Besson said was that the blockade that we have there in the straight will only be
00:47:09.920 proportional to the traffic that can flow through it. And that seems to make absolute sense to me
00:47:14.320 because we've had this gridlock at the straight and I wouldn't back a single ship out of there
00:47:18.280 until we saw that traffic was free flowing, which of course it hasn't been. What's your take Jack
00:47:22.080 on the news over the past, you know, 24 to 48 hours that there have been some skirmishes. We
00:47:26.360 saw that ballistic missile heading for Kuwait that got intercepted. We've knocked some drones
00:47:30.360 down. Does that affect at all the timeline of this memorandum of understanding to get the two
00:47:35.100 parties to the table? Well, here's what's really interesting. And I got asked about this on an
00:47:42.020 interview I was in last night. And what I believe is going on again, going back to my conversation
00:47:46.620 on Sunday, is that you do have these different pillars, as Secretary Besant was describing it
00:47:51.440 just now, of the Iranian government. The IRGC is just one pillar. They're not the clerics. They're
00:47:56.760 not the elected leaders so what do we see you've got you've got essentially rogue elements of the
00:48:02.040 government or rogue elements in this case of the revolutionary guard who are conducting these uh
00:48:09.620 you know these um you know these violations of the ceasefire where they clearly are but at the same
00:48:14.140 time that's the military track the united states navy has been able to respond to those in tune
00:48:19.440 and that at the same time the diplomatic track that the president is on that the secretary was
00:48:25.280 discussing obviously the administration in whole is discussing has not been able to get knocked off
00:48:31.500 of track while those military uh dust-ups are happening so do they threaten the ceasefire yes
00:48:38.060 obviously but they've not been able to knock off the diplomatic track and that's what's so important
00:48:43.980 now the other piece of this is because iran as he said uh it's not regime change but the regime
00:48:49.380 has changed i've called it regime transition in a sense similar to venezuela and so what the supreme
00:48:54.860 leader has yet to been able to do is take full command of the entire government of the entire
00:49:00.760 regime basically within iran i think this is absolutely key to understanding what's going on
00:49:07.020 and that we're seeing in the press that we're seeing the media that we're seeing from the
00:49:10.660 military we're seeing from the world's finest navy which is of course the united states navy
00:49:14.080 keeping it down but at the same time the president's sticking to that diplomatic plan and you
00:49:19.660 can see of course the uh united states marines are standing guard right there whenever you see
00:49:24.300 Marines standing outside the West Wing, that means the president is in the Oval Office. He's
00:49:30.100 there right now working on it. Well, I thought it was so interesting, Jack, because Scott Besson
00:49:34.380 said, you know, the fact that we're even having a conversation, that Iran is willing to even
00:49:38.820 discuss the end of their nuclear program is unparalleled. I mean, that's an achievement 0.86
00:49:43.140 in and of itself, and I think that's to be acknowledged. Something else that I took note
00:49:47.580 of as well, Jack, was, you know, Scott Besson comes up with some good economic positivity for
00:49:52.020 our country. 33% of taxpayers getting higher returns, 44% claiming one of four signature
00:49:57.720 Trump tax benefits, GDP positive for four quarters. And he's unveiling the Trump account
00:50:02.960 app, which I just showed on my phone before you got over here. Didn't hear a lot of questions
00:50:06.820 about the positivity of that. Every question I heard was negative. Well, well, I want,
00:50:11.020 I wanted, we've got, we've, we've got, we've got a good friend of, of both my new years
00:50:15.120 who's here who just asked the president or excuse me, the secretary about the Trump accounts.
00:50:19.100 It's Benny Ray Harmony, former Human Events producer, putting in work now as a White House correspondent.
00:50:25.140 Benny Ray, you asked him.
00:50:26.320 Tell us about the question.
00:50:27.460 Tell us about what you thought of the secretary's answer.
00:50:30.220 Well, Jack, my biggest question was a lot of families in America, working class families, normal families,
00:50:35.460 they maybe don't have the financial expertise that these Wall Street types do when it comes to stock markets and investing.
00:50:41.820 I mean, me specifically, it was a question that kind of hit close to me because that's how I am.
00:50:46.580 And so a lot of people you're hearing in the media, people are saying that this is only for wealthy Americans, these Trump accounts, because they're the ones that know how to operate money.
00:50:55.820 And so a lot of the maybe lower class people are, it confuses them, the financial verbiage.
00:51:01.860 So I asked him about that and he said that the Trump accounts, specifically the app that they just launched today, it makes it a lot easier.
00:51:07.680 And there's these financial literacy modules on the app that you can go through, and it will help explain investing to you, help explain where your money is going, you know, the S&P, like kind of just all of those things.
00:51:20.040 So if you don't know a lot about finance, it's okay.
00:51:22.780 This app and the Trump accounts can really help you.
00:51:25.180 Believe it or not, so Tanya Tay back home, that's something the minute she heard about this, that this was going to be opened up.
00:51:31.080 Now, because our kids aren't, they're too old to be eligible for the $1,000 capitalization.
00:51:37.380 That's only if you have kids born right now.
00:51:39.500 But anyone under 18 is eligible for the program.
00:51:43.660 So we've got eight and five, Jack, Jack, and AJ.
00:51:46.100 She went, found out that they're both eligible.
00:51:48.580 She's actually signed them up. 0.89
00:51:49.920 And folks know, Tanya Tay, she manages all the books for the Poso household.
00:51:54.280 Like, I don't look at that stuff because I'm like you.
00:51:55.940 I'm like, I don't do that.
00:51:57.980 I mean, I know enough to be able to talk about it.
00:52:00.000 But I'm like, I just don't go down in the weeds.
00:52:03.780 She does, and she says that it's a great deal.
00:52:06.660 90 seconds.
00:52:07.760 What did you think?
00:52:09.020 Ultimately, do you think that he got the job done in terms of selling that deal to the American people?
00:52:15.440 Well, honestly, Jack, not necessarily, but it's because a lot of the press in there didn't want to actually ask questions about these Trump accounts.
00:52:21.520 And it kind of is disappointing because this is such a huge thing.
00:52:24.420 2025 to 2028. If you have a kid, they get $1,000 in that account and you can continue to invest
00:52:29.880 for them. So I really wish that the journalists in there would have focused more on that and
00:52:34.040 how this is going to help financial literacy just in America in general. But I think the
00:52:40.140 secretary is doing his best to try to push these things out. And we were at the Trump RX auditorium
00:52:45.140 summit thing that they had just here in DC. And he talked a lot about that. So I think they'll
00:52:49.740 continue to push this forward. But I do hope that going forward, journalists will ask more about
00:52:53.700 finances in america and not necessarily these gotcha questions all right and guys i don't know
00:52:57.860 if you can see it in the shot but man there's that ufc is right there this thing is massive
00:53:01.700 it looks like something out of a sci-fi movie i think it's pretty cool i don't know but are you
00:53:06.820 trying to go i'm trying to go i might be trying to go we'll see we'll see both thanks so much
00:53:11.460 for helping us out today ladies and gentlemen as always you have my permission to lay short
00:53:23.700 We'll be right back.