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May 1, 2025 - Bannon's War Room

54:49

Episode 4452: President Delivers Remark On Record Investments In America

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donald j trump

30:14

rogan dc draino ohandley

05:15

steve bannon

09:44

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howard lutnick

00:35

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Speaker	Time	Text
donald j trump ▲ ● ▼		Mike Dunn, along with numerous other members of my cabinet, and I want to thank you all for being here.
		How come my cabinet has such good locations?
		You should have given them up to the business leaders.
		We want their money, you know.
		They have very good locations.
		I'm not surprised.
		100 days ago this week, we inherited the wreckage of four years of economic disaster under the previous administration.
		It was an economic disaster.
		It was a disaster at the border.
		Like nobody had ever seen before.
		And you probably see we've closed up the border 99.999%, meaning three people got in.
unidentified		Three.
donald j trump ▲ ● ▼		As opposed to hundreds of thousands of people coming in on a monthly basis.
		Millions of people, actually.
		The periods where we had millions and millions of people pouring in on a monthly basis.
		We had three people.
		They buried companies in crippling regulations, waged war on American energy, pushed massive tax hikes, and gave us the worst inflation in the history of our country.
		In Biden's final year, the United States had the worst trade deficit ever recorded, and we lost 106,000 manufacturing jobs.
		Other than that, he's done a fantastic job.
		But now all that is changing, and all that's changing very fast because we finally...
		Have the president who wants to put our country first.
		You have a president who believes in America first.
		In the first quarter, GDP numbers just out today.
		Core GDP, now we're removing distortions from imports, inventories, and government spending, was up plus 3%.
		But this is Biden's economy because we took over on January 20th.
		And I think you have to get us a little bit of time.
		To get moving.
		But this is the Biden economy.
		But we still had a...
		And we've had a lot of things happen since November 5th that helped this economy because it was indicating a strong private sector growth.
		And it only started after November 5th.
		The private sector started really heating up after the election.
		Even though I wasn't there, people knew what we were going to be doing.
		And the private sector growth was actually very good.
		Very importantly, gross domestic investment was up an incredible 22%, which they had never seen before.
		Every new investment, every new factory, and every new job created is a sign of strength in American economy and a declaration of confidence in America's future.
		We really do.
		We've never seen anything like this.
		Samsung, whose name isn't mentioned here, but I heard that they announced this morning that they're going to be building a very big plant because they want to be able to beat the tariffs.
		It's the only way to beat them.
		The entire Trump economic agenda is about making it easier to do business in America, to create jobs in America, to hire American workers, and to build your factories here
		We're dealing with many, many countries right now, I will say.
		And I think I can say for Scott and for Howard and for some of the People that are dealing, there are too many to handle, I mean, to be honest with you.
		I'd have to hire about, I'd love to hire some of the people running these companies.
		Boy, would you do, would you do a good job?
		I could have Jensen negotiate.
		He'd blow my people away, wouldn't you?
		I think even Howard, even Howard would say that.
		Howard would say, we'll take them.
		He'd blow them away.
		He would make deals.
		One, one deal would be the end.
		That would be it.
		But we've terminated the Green New scam.
		It was a scam.
		And halted tens of billions of dollars of money, wasteful deficit spending.
		It was like throwing money right out the window.
		And in the coming weeks, we'll pass the largest tax cuts in American history.
		And I think even more so we'll be doing things for business like you've never seen before.
		You saw it in a little smaller version at the beginning of our last term.
		You know, we had the most successful.
		Four years that any president has ever had.
		The stock market was up 88%.
		The other markets were up almost 100%.
		And that's despite COVID and all the crazy things happening.
		But we had a tremendous four years.
		We've given credit for that, actually.
		But our big, beautiful bill, as I call it, our big, beautiful bill, we may name it that, actually, will include 100% expensing retroactive to January 20th.
		So that's all the way back to just about the beginning of the year.
		So expensing one year, you take a deduction.
		One year, so you can build your factories right now, essentially almost tax-free, if you think about it.
		Nobody's ever been given that.
		And we're going to make that expensing for a four-year period at a full 100%.
		So last time we made it one year and you had deductions from 100% to 80% to 60% to 40% to 20% to Zippo.
		And now what we're going to do is we're going to keep it at that level and we're going to have it for four years.
		So I believe that was one of the reasons that we had such unbelievable growth.
	Also, we allowed you to bring money back from outside of the country.
	It was impossible.
	Have 15 different law firms representing you.
	It was so complicated.
	And worse was that the tax rate was 65%.
	I lowered the rate substantially, but still a lot.
	You know, we shouldn't take your money just to hold you hostage, right?
	So we lowered it to a reasonable amount.
	And we took in trillions of dollars, came back.
	Apple brought in a tremendous amount of money.
	A lot of the companies here.
	Brought in a lot of money.
	And the businesses represented today clearly understand that if you build your factory in the United States, your tariff rate is zero, zero.
	And you have other advantages, too.
	And not the least of which is what I just said, having to do with the bill.
	Now, we have to get that bill approved.
	So call your local representative, please, and make sure that we get it approved.
	Because I don't want to talk too early, but we're doing well with the Republican Congress.
	We have the Senate is doing great, and the House is doing great.
	John Thune has been spectacular.
	Mike Johnson, speaker, has been spectacular.
	Marsha, you're in there working very hard and doing well.
	What do you think?
	Are we going to get it passed?
	We have to.
	Marsha, we don't get it passed.
	I'm blaming you.
	We have to.
	We have to get it passed.
	We will.
	I think we will.
	But I don't think we'll have any Democrat votes.
	If we don't get it passed, What would happen is your taxes go up 68%.
	Think of that.
	And we may not get one vote because they just vote against.
	It's Trump derangement syndrome or maybe it's just they hate Republicans or they hate what we're doing because they've lost their confidence.
	They've totally lost their confidence.
	They don't know what the hell is going on.
	And we are going to get it done.
	It's probably going to be fully Republican.
	Fortunately, we have the House.
	We have the Senate.
	And we may or may not have a couple of grandstanders.
	I don't know.
	But if we do, it would be good if you could work on anybody.
	I mean, if I were a Democrat, I'd be voting for it 100%.
	Because I think it's very dangerous politically not to vote for.
	Think of it.
	almost 68 percent.
	But it looks like we're in good shape, I think.
	And hopefully we'll get it approved.
	It'll be the biggest bill ever approved in the history of our country.
	And it'll be...
	The biggest tax cut ever approved in the history of our country.
	And in addition to that, regulations, which I'm doing in and outside of the bill, will be as big or bigger than we did last time.
	We have the record for regulation cuts in the four years.
	We cut four times higher than any other president in a four-year period.
	And we're talking about eight years and two-term presidents.
	We're four times higher than any other president in terms of regulation cuts.
	And I went to a friend of mine who happens to be in the room, one of the biggest business leaders.
	I won't mention him because I don't know.
	Maybe he'll like it.
	Maybe he won't.
	I said to him, so have you had your choice between the big tax cut last time and the big regulation cuts, which were the biggest, again, the biggest we've ever done?
	I would have said taxes, but he would have said regulation.
	I said, which was more important to you?
	And he said, if I could only have one, yeah, if you could only have one, he said, most important would have been regulation.
	The regulation was more important than the tax cut.
	And, I mean, we cut your taxes from almost 40 percent down to 21 percent.
	Now we're bringing your taxes down from 21 percent to 15 percent if you build your product, make your product in the USA.
	So if you make it in the USA, those chips, those beautiful chips will make those suckers in the USA, and you're going to be all the way down to...
unidentified		15%.
donald j trump ▲ ● ▼		And I think there's never been anything like it.
		So now we're at the lowest scale for a large country.
		By far at the lowest scale.
		Our pro-jobs, pro-American economic policies are a major reason that businesses around the world have announced $5 trillion of investment since November 5th.
		And now we think it's up to plus $8 trillion.
		And they're really coming in.
		They're really coming in fast.
		Some of them don't bother calling us.
		Some of them don't even want meetings.
		They don't want to just start their plants and start their factories.
		I want to express my tremendous appreciation to the business leaders here.
		You are really an amazing group.
		This is a who's who.
		I don't want to say, you know, there's an expression of something ever went off.
		The entire industry would be wiped out, but I won't say that.
		I want to think very positively.
		And that could never happen here, could it?
		But I want to congratulate you all on your incredible success and accomplishments.
		You've been amazing.
		You're the biggest and the best.
		So I'd like to introduce some of you, President and CEO of Hyundai, Jose Munoz.
		Jose, thank you very much.
		Fantastic.
		Jose is investing.
		$21 billion, including $5.8 billion for a new steel plant in Louisiana, which is a beauty.
		I saw a picture of it, which is going to create at least 1,500 jobs just to plant alone.
		Thank you very much, Jose.
		Beautiful.
		Chairman and CEO of Global Shipping Giant, CMA, CGM, Rodolf Sade.
		Thank you, Rodolf.
		Thank you very much.
		Fantastic.
		Investing.
		$20 billion in creating 10,000 new jobs at least.
		Thank you very much.
		That's fantastic.
		You'll be very happy.
		President and CEO of Toyota North America, Ted Ogawa, investing $88 billion.
		Where's Ted?
		That's fantastic.
		Thank you, Ted.
		That's fantastic.
		Ted's investing $88 million for car production at its West Virginia factory, which is a beauty.
		I've seen it, actually.
		Congratulations.
		Thank you very much for being here, Ted.
		Co-founder and CEO of Andruil, Brian Schimpf.
		Brian.
		Thank you, Brian.
		He's investing $1 billion for a new manufacturing facility in Ohio.
		And display next to me is their 125-pound Roadrunner drone.
		Where is that little sucker?
		Where is that?
		Which is that?
		Whoa.
		That's a...
		That's a nasty-looking thing.
		That's nasty.
		I look up there when I'm having dinner outside.
		I used to look up and see the moon.
		Isn't it beautiful?
		Now you see the moon, but you see drones all over the place.
		And I say, let's get the hell out of here.
		That's a good one, isn't it, huh?
	I can see it.
	CEO of Worldwide Amazon Stores, Doug Harrington.
	Thank you very much.
	Thank you, Doug, very much.
	Investing $4 billion this year alone.
	And I know they said they're going to be investing a lot over the next two years.
	We appreciate it very much.
	Thank you.
	And say hello to everybody.
	CEO of Venture Global, Mike Sable.
	Mike, thank you very much, Mike.
	Investing $18 billion in liquefied natural gas expansion in Louisiana.
	That's going to work out good.
	Thank you very much.
	President and CEO of Siemens USA, big company.
	Barbara Humpton.
	Thank you, Barbara.
	Thank you very much.
	Investing $285 million.
	Executive global chairman of Pratt Industries, friend of mine, Anthony Pratt.
	He's investing $5 billion.
	Thank you.
	Thank you, Anthony.
	I read a report today.
	He's the richest man in Australia, but who the hell knows?
	Do you think you're the richest man in Australia?
	Close.
	I don't like to put you on the spot like that, Anthony, but that's pretty good.
	Thank you very much.
	That's great.
	$5 billion.
	Founder and CEO, Chobani Hamday Oliaka.
	Where are you?
	Thank you very much.
	Investing $1.2 billion.
	Thank you very much.
	CEO of Bell Brands USA, Ivan Girard.
	Ivan, thank you very much.
	Thank you very much.
	$350 million.
	President of Schneider Electric North America, Amer Paul.
	Amer, thank you very much.
	Investing $700 million for energy infrastructure in its largest investment in its 135-year history.
	Chairman and CEO of Johnson& Johnson.
	Oh, I've heard of that company, huh?
	My hair looks so beautiful because of your product.
	Joaquin Duato, $55 billion manufacturing plant and research and development and technology.
	Thank you very much, $55 billion.
	That's a lot.
	But you've got to catch up with Apple and so many others.
	We've got to get you to make a little...
	You're one of the few companies that could do that, right?
	Chair and CEO of Eli Lilly, a great guy.
	Every time I talk to him about drug prices, he sweet-talks me.
	He tells me about the middleman, the middleman, keeps telling me about the middleman.
	By the time I leave the meetings, I was telling my people, I think, I say, gee, he's giving us a great bargain.
	But David, you have done some job.
	David Ricks, you have done some job.
	I'll see you later, too.
	$27 billion, doubling its manufacturing investment in the U.S., and he's got a very hot topic right now going.
	This stuff is doing really well as a really hot company.
	Thank you very much, David.
	CEO of Novartis, Voss Narasim, and that's $23 billion.
	Thank you.
	Thank you very much.
	Thank you, Voss.
	CEO of Genetech, Ashley Mugagi, $50 billion.
	Whoa, that's a lot of money.
	Good. Thank you, Ashley.
	That's a big one.
	CEO of AbbVie, Rob Michael, $10 billion.
	Thank you very much.
unidentified		Thank you.
donald j trump ▲ ● ▼		Good company.
		President and CEO of Thermo Fisher, Mark Casper, $2 billion.
		Chairman and CEO of Merck, great company, Rob Davis, $9 billion.
		Thank you very much, Rob.
		Chairman and CEO of Abbott, Robert Ford, $500 million.
		Thank you, Robert.
		Chairman and CEO of a company called IBM.
		Arvind, where are you?
		Where are you?
		Thank you very much.
		That's fantastic.
		$150 billion.
		That's all?
		That's great.
		Thank you very much.
		You've done a great job.
		You've done a great job with that company, too, I'll tell you.
		Chairman and CEO of GE Aerospace, Larry Culp.
unidentified		Larry, thank you very much, Larry.
donald j trump ▲ ● ▼		And Larry's investing $1 billion in manufacturing across 16 states.
		And with us is we have the model of their F110 engine, which I hear is like, I must tell you, I hear it's the hottest engine there is.
		You've got a...
		You got a gold mine over there, Larry, which powers our nation's finest fighter jets and other jets.
		And your big engine is really something that I hear is beyond anything that has been produced yet.
		So good luck with it.
		And, Larry, I think we're going to ask you to say a few words, actually.
		So come on up.
		Thank you.
unidentified		Thank you.
		Thank you, Mr. President.
		It's an honor to be here representing.
		All of my colleagues at GE Aerospace.
		We are today 125 years old, but we are inventing the future of flight.
		Today we power three-quarters of the world's commercial airlines and nearly two-thirds of the U.S. military combat jets and helicopters.
		So what you see here with the F-110 powers 70% of the newest Air Force F-15s and the F-16s.
		I know you were in Michigan just yesterday.
		This is the engine that will be under wing on the F-15EX Eagle II that the Michigan Air National Guard will soon be flying.
		We're excited about what's happening in our company.
		We're investing a billion dollars this year, as the President said, across 16 states, not only in our manufacturing footprint, but with so many of the small and mid-sized businesses that constitute our supply chain.
		There's a lot happening.
		We're excited about it.
		Mr. President, thank you for what you're doing, not only to revitalize U.S. manufacturing, but helping ensure that the U.S. aerospace industry, one of our biggest net exporters, continues to lead the world in innovation.
		Thank you.
		Thank you.
donald j trump ▲ ● ▼		Great job.
		And he has done a really great job.
		You took over a slightly troubled company, and now you've made it hot as a pistol.
		So that's really an amazing job you've done in a short period of time.
		Also with us is chairman and CEO of SoftBank, Masa.
		Where's Masa?
		Masa.
		Come on up here, Masa.
		Masa has pledged $200 billion plus another $500 billion with Oracle and OpenAI.
		For a total of $700 billion.
		Thank you, my sister.
unidentified		Come on up, please.
		Well, first time of Trump's administration, we made an announcement, commitment, $50 billion.
		We delivered $70 billion over four years last time.
		This time, I tried to commit $100 billion, and President Trump said, oh, Martha, go for more.
		So we did that $200 billion commitment, and then right after that, we, SoftBank, OpenAI, Oracle, and MGX together, we announced $500 billion investment.
		This is the largest investment.
		For infrastructure in the United States, investment.
		And I think this is more than the scale.
		The importance is this is the largest infrastructure for the AI, which is the future of mankind, I believe.
		It's going to change every industry, every way of how our mankind's lifestyle of the future.
		I am committed.
		U.S. is the center of innovation.
		U.S. must continue the leadership of AI.
		Thank you very much.
donald j trump ▲ ● ▼		Thank you very much, Masa.
		Been a friend of mine for a long time.
		These guys are a mover.
		We've got to say, you are really something.
		That's great.
		We appreciate it.
		Great spirit.
		Great genius.
		Tim Cook from Apple is pledging.
		Not only pledging, it's committed to $500 billion.
		They're going to build plants all over the country, seven or eight different states.
		They've already started.
		And so I want to thank Tim.
		That's such a big investment for somebody that, you know, had them pretty much in one location, as you know.
		Now they're coming into the United States, I believe, because of the spirit and the tariffs and the incentives.
		That's Apple for $500 billion.
		And one of the most brilliant men that you'll ever meet, the man that's done in a short period of time something that is incredible, he's the founder, CEO, and president of NVIDIA.
		Jensen Wang, he's producing up to $500 billion over the next four years to manufacture the most powerful AI chips entirely in the USA for the first time ever.
		Jensen, would you come up and say a few words?
		This is a smart cookie.
unidentified		Thank you, Mr. President.
		It's a great honor to be here.
		NVIDIA reinvented computing for the first time after 60 years.
		In fact, everyone at IBM knows quite well that the computer has largely been the same since the 60s.
		The IBM System 360 described really quite perfectly the computer that we use today.
		Central processing units, operating systems, the separation of hardware and software, IO subsystems, multitasking.
		All of the words that we use to describe computers today were really invented in 1964, the year after my birth.
		Well, after all this time, we've reinvented computers again.
		This is what a processor looks like.
		It's on the right there.
		People say it's a GPU.
		That's one GPU unit, and it's 70 pounds, 60,000 parts, 10,000 watts.
		In order to manufacture it requires probably a couple of hundred companies in the supply chain.
		It is so heavy that it requires robotics to do.
		It's so precise.
		And just to test a supercomputer requires a supercomputer.
		And we're going to build NVIDIA's technology, the next generation of that, all here in the United States.
		Without the President's leadership, his policies, his support, and very importantly, his strong encouragement.
		And I mean his strong encouragement.
		Frankly, manufacturing in the United States wouldn't have accelerated to this pace.
		Manufacturing isn't about low-cost labor anymore.
		Manufacturing is about technology.
		And most of the factories that build these systems today are the most advanced factories in the future.
		And we're going to use artificial intelligence and robotics and omniverse digital twin technology to make it possible for us to create the factories of the future.
		And we ought to build it right here.
		The real amazing thing is that this computer is the engine Of a whole new industry.
		And this new industry is called artificial intelligence.
		And this new industry is a manufacturing industry in itself.
		That's a factory machine.
		Just as several hundred years ago, the dynamo was invented.
		Water would come in and electricity would come out.
		Now electricity goes into this machine and incredible tokens come out.
		Artificial intelligence.
		In order for this industry to thrive, we need to build these systems, of course, but we also need a progressive growth and industry-oriented energy policy, which this president has really put his weight behind.
		I really appreciate that.
		Without energy, we can't possibly have new growth industries.
		And we now have the backing of the administration, the backing of President Trump to support the creation of a whole new industry.
		This industry is going to enable a whole bunch of other industries.
		What we now call the AI infrastructure is going to revolutionize every industry that we know.
		All of the many CEOs in the room today are great partners of ours for that reason.
		We're working on artificial intelligence for many industries, from health care to drug discovery to life science.
		Well, life sciences, financial services, education, so many different industries.
		And that's going to be possible because we have the fundamental infrastructure here in the United States.
		And so I want to thank you, sir, for everything that you've done and the strong encouragement and the great policies that make it possible for us.
		Thank you, sir.
		Thank you very much.
		Another brilliant man.
donald j trump ▲ ● ▼		You know, we have brilliant people
		And we like brilliant people, actually.
		But we have a lot of brilliant people in this group.
		And it's an honor to be with you.
		Past 100 days have been fighting to reclaim our jobs and bring our country back to a level that it's never seen before, and again, renew the American Dream
		I don't know if you've heard, but it's become really quite a story.
		I see Pete right over here.
		Secretary of Defense, we have the largest number of new enlistees or people enlisting in the military forces that we've ever had.
		And if you remember six months ago, we couldn't get anybody to sign up.
		That's a big turn in a very short period of time.
		And November 5th had a lot to do with that.
		And our Secretary of Defense and a lot of the people that you see sitting here really had a lot to do with that.
		There's great spirit.
		I can say that also with the police forces throughout the country.
		We're having a hard time filling them up.
		It's a dangerous job.
		But now we have waiting lists at almost every place.
		And that's an amazing accomplishment when you think it's amazing.
unidentified		Thank you.
donald j trump ▲ ● ▼		And when I first came here, you remember just three months ago.
		I came in and they started screaming.
		The fake news was screaming.
		They were going crazy about eggs.
		I don't know about eggs.
		What's with eggs?
		Tell me.
		They said, their cost is up 50 percent and you won't have them for Easter.
		I said, well, I'll have to get on to it.
		But this isn't my problem.
		This is Biden's problem.
		I've only been here for four days.
		They're screaming at me about eggs like it was my fault.
		I just got here.
		Didn't know anything about it.
		We got it taken care of, and eggs dropped 87% in the last short period of time.
		And everybody had eggs for Easter in fact, we had a
		big Easter egg hunt on the lawns.
		We had 44,000 48,000 people actually came.
		And we had a lot of eggs.
		I don't know how many, but there were a lot.
		We didn't use plastic.
		They said, "Could you use plastic eggs?" This is in early January.
		And I see our Secretary of Agriculture is here.
		Would you stand up?
		You did a great job.
		You got me out of a lot of trouble.
unidentified		Brooke Rollins.
donald j trump ▲ ● ▼		She got me out of a lot because they were trying to blame me for eggs and I didn't know anything about it yet.
		Explain it to me.
		But we had plenty of eggs, Brooke, right, for Easter.
		There was no dearth.
		And we have another man in the audience who's maybe the most important man in the room because he's the head of the Environmental Protection Agency, meaning he's the one that approves all your plants.
		When Jensen and some of the others came in, about numerous of the others, especially having to do with AI, they came in.
		I learned a lot.
		Number one, I learned we need double the electricity that we have right now for the whole country, and really more than that.
		I mean, two times would be even better.
		It was like unlimited thirst for electricity.
		At first I said, you know, how's that possible?
		But that's, whatever it is, it's possible.
		That machine that you say you can barely lift is, I guess, it sucks up a lot of energy.
		But we need more than double what we have right now.
		So you take all of the energy, even the energy in this beautiful, incredible, it's just the greatest.
		I mean, no matter, I don't care where you come from with your $50 billion plant.
		The White House is the White House, right?
		You got to see in the Oval Office.
		If you want to take a trip down to the Oval Office, any of you, you come down with me.
		I'll show you a beautiful office.
		It'll blow your beautiful offices away.
unidentified		They'll stop and they'll say, for a lot of other reasons, but it is.
donald j trump ▲ ● ▼		It's a beautiful place.
		And if you want to, I'm serious, you can do that.
		But I told Jensen, I told Tim, I told everybody that's building these very big, incredible plants, really plants of the future.
		They were talking about hooking into the grid.
		I said, well, you know, the grid is old and it's subject to mishap.
		Things can happen, including storms, and much worse than storms.
		And if you want, I'll let you build your own utility plant, your own electric plant, along with your building.
		You can build it inside of the plant or you can build it outside of the plant.
		And I went to Lee Zeldin right here and I said...
		Lee, we've got to get fast approvals for these people.
		You know, they're going to do the best job.
		They're going to have the best engineers, the best everything.
		We'd like to have them build their electric for them.
		They don't have to go outside.
		You become a utility.
		You become a great producer of electric.
		And if you have any extra, you put it back into the grid if you want, or you sell it back in.
		But you're going to be able to build, so this way we don't have to worry about do we have enough.
		Because if you look at California, they have brownouts, blackouts, and everything else.
		They don't know what the hell they're doing.
		Governor doesn't have a clue.
		But the last thing you want to do is be hooking up to the California grid so that we can go in and you'll say, gee, we have to close down the factory for a couple of days.
		We have a little brownout going on.
		So you're going to be able to build your own plant and produce as much electric as your beautiful hearts desire.
		And that'll be something that nobody's done before.
		And we're going to ask Lee to get those approved very quickly.
		And he'll get it approved before you can even imagine.
		He's great.
		He's great.
		He knows the difference.
		You know, you can take years to get those approved.
		I would say previous to us, it would be years and years.
		Or you could take weeks to get them approved, and it'll be just as good.
		But they don't play games, and they're going to get it done, and they'll get it done very quickly.
		So that's going to be a big help, because you're going to have unlimited energy, unlimited electricity.
		And I think it's going to really...
		We want to stay number one.
		We're number one right now by a lot.
		I will say this.
		If I didn't get elected, I would say get out of the AI business fast.
		Get out of all business fast, probably.
		Maybe get out of the country fast, because this country was heading in the wrong direction, but now it's heading in the right direction.
		I think it's...
		I think it's the most consequential hundred days in the history of our country in certain ways.
		We had an editorial from a group that normally wouldn't give good editorials to people like me, and they said he's the most consequential president because of what he's doing with all of these policies that you're reading about,
		long beyond the electricity and the plants, having to do with many other things like...
		Secure borders and all of the many, many things I could go down and name them.
		We're going to be getting tremendous amounts of drug and pharmaceutical companies going to be pouring into the country.
		They're going to have to.
		They're going to have to.
		And we're going to give them a lot of time to do it, but after that, there's going to be a tariff wall put up.
		And they won't be happy about it, but they'll be happy if they start building right now.
		Right now it's going to be billed, and after a certain period of time it's going to get tougher, tougher, tougher, and then it's going to be real hard to do business in this country.
		So for the pharmaceutical companies, chip companies, a lot of different companies, we're all set to really grow.
		Groceries are down.
		The grocery prices are down.
		Gasoline prices are down.
		We had some gasoline selling for one.
		$1.98 a gallon just recently in three different states over the last two days.
		It was at $4, and it was higher than that in some place.
		It was over $5.
		We have it way down.
		Energy prices are down all over the country.
		Mortgage rates are actually down slightly, even though I have a guy in the Fed that I'm not a huge fan of, but that's all right.
	These are minor details.
	Don't tell him I said that, please.
	As the cameras rock and roll back there.
	No, I'm just...
	I mean, he should reduce interest rates.
	I think I understand interest a lot better than him because I've had to really use interest rates.
	But we should have interest rates go down.
	It would be positive.
	But it's not going to matter that much because ultimately what we're creating has much more to do with other things than it does just pure interest rates.
	But it would be nice.
	For people wanting to buy homes and things.
	The prescription drug prices just saw the largest monthly decline ever recorded.
	So, David, I'm having a little bit of an impact, at least on you, as I just browbeat.
	I browbeat this guy.
	He's got the nice...
	He looks like he's 25 years old.
	He has this massive company, Eli Lilly.
	And it has no impact on them whatsoever.
	But I just see this number just came out.
	It's the largest monthly decline ever recorded.
	Yeah, but it's probably about 2%.
	They did that to make me feel a little bit better.
	But I appreciate it.
	We have achieved the lowest number of illegal border crossings in U.S. history.
	And we're at a level that...
	Nobody thought we could get to in two years, let alone a couple of months.
	And I think Kristi Noem is here someplace.
	Where is Kristi?
	She's here.
	Stand up, Kristi.
	And Tom Holman.
	And I see Linda.
	Stand up, Linda.
	You're doing so good.
	Education.
	We're bringing education back to the States, where it belongs.
	And she's been incredible.
	Very upset with Harvard.
	They have $53 billion in a fund, and yet they want more grants.
	And it looks like we're not going to be giving them any more grants, right, Linda?
	And, you know, a grant is at our discretion, and they're really not behaving well, so it's too bad.
	But our country is roaring like never before nobody's ever really seen anything like this.
	And again, the big thing is whether it's $8 trillion or even more than that, by the end of the year it could be a number that would be...
	I think it's already, there's never been anything like it, but this is in a period of a couple of months.
	I think by the end of the year, the numbers will be just staggering.
	It's really going to be something very special, and I'm very honored to be with you.
	And I'd ask if anybody has any questions, please.
	This is your time.
	This is your time.
	You'll be live on television, all the fake news back there.
	Now, that'll keep them down, right?
	That's the way to keep them down.
unidentified		Unless...
donald j trump ▲ ● ▼		They're bad people, in which case, unless they want to make some news.
		Would anybody have any questions?
		Anybody?
		Business leaders, you want to know anything about depreciation?
		No?
		I love it.
		We've done such a good job, we don't have to take.
		Howard, would you like to say a couple of words, please?
unidentified		Thank you.
howard lutnick ▲ ● ▼		The President talks about $8 trillion.
		Coming into America.
		And there's only one reason it's coming in.
		It's because he's finally set an industrial policy for the United States of America.
		We are the greatest economy in the world.
		We finally have a president who understands that we need to re-industrialize.
		We need to be made in America, made in the USA.
		And you feel it.
		You feel it with these leaders.
		You feel it across all your peers.
		Everyone feels it.
		It's coming back to America.
		And we are going to be rocking.
		So thank you, sir.
donald j trump ▲ ● ▼		So thank you very much, everybody.
		And for the business leaders, if any of you would like to come down to the Oval and say hello, if you've never seen it, if you have seen it, just go home and enjoy your lives, count your money.
		But if you'd like to come down, I'm heading down there now.
		And again, thank you very much, everybody.
		Pam, you're doing a fantastic job.
		You're doing a fantastic job.
		Thank you very much.
		Thank you, everybody.
		Thank you.
unidentified		you.
unidentified		The entire cabinet stuck around with life from the cabinet on the day, which is quite historic.
steve bannon ▲ ● ▼		President Trump going around the room on the cabinet meeting for his 100th day and just had tremendous feedback and great information from the cabinet officials.
		You're here at the War Room.
		It is Wednesday, 30 April, year of alert, 2025.
		Do I have D.C. Drano?
		Is D.C. Drano with us?
		Okay, here's what we're going to do.
		He's up.
		He's ready to go.
		Okay, fine.
		We're going to get D.C. Drano here in a moment.
		The president talked about exactly what we've been talking with D.C. Drano about, habeas corpus, and implementing one of his policies.
		Today, the president at the cabinet meeting summarized, I think, pretty succinctly where we've been in 100 days.
		He went around the table.
		It was pretty extraordinary, the action items people are talking about.
		Then he had to open, I mean, the cabinet meeting had to go a couple of hours.
		President Trump disintermediating the mainstream media so you can get there and get it live.
		That's why Real America's Voice in the war room, we're trying to get as much of this live as possible so that you can see it.
		It's just pretty extraordinary to have that kind of access.
		Right there, he gave a...
		You couldn't see who was in the audience totally, but it was a who's who of the Fortune 500.
		I mean, he had NVIDIA there.
		He had Eli Lilly there.
		He had all the big drug manufacturers, big tech companies.
		Masasan from SoftBank, one of my favorites.
		He's there.
		He's the guy in the back of putting $500 billion into one of the AI coordinating companies, I guess they're called the data center companies.
		So much going on, and the president wants more and more commitments of folks making commitments to bring jobs back here to the United States.
		Today, I talked to Navarro, and we've got a clip from him maybe we can play later in the 6 o 'clock hour.
		We're also going to try and get Edward or Bolsonaro is in town.
		He's in town.
		He's going to come by today and be here for the 6 o 'clock hour.
		We have a lot to go through.
		I talked to Navarro.
		If you really deconstruct these numbers, the first quarter number is not really down.
unidentified		You've got to back a bunch of stuff out of it to get to the real GDP.
steve bannon ▲ ● ▼		Peter went on Squawk today at 9.30 to do that.
		That's where the markets didn't overreact to this thing.
		It was a little bit down at the beginning, but then they realized a lot of these were just accounting and bookkeeping issues related to GDP, so nobody really cared.
		Of course, the mainstream media tried to make another mountain out of a molehill, but not to worry.
		It was not of that importance.
		Huge news for the War Room Posse.
		In fact, I told Mike Davis he was going to start the show with us.
		I've told Mike, let's do it tomorrow.
		But if you remember the other day, on the day that Amazon came after President Trump, I was saying, hey, we're going to put the tariffs up there in a special kind of box so people can see it.
		And, of course, the war room posse in the White House had to back that off.
		President Trump actually talked to Bezos 101 and they dropped it.
		On that same day, it was brought to our attention by many people that are in kind of the antitrust movement.
		And Mike Davis came to us and sat over on Capitol Hill inside this massive, the one big beautiful bill.
		And you're going to get a lot of this in this one big beautiful bill.
		You're going to really have to, we're going to have to deconstruct it for you.
		In that bill was Jim Jordan and his team over there was trying to get rid of the FTC.
		And one of the reasons to get rid of the Federal Trade Commission is because they're the guys coming after Facebook.
		And Facebook's a big sponsor, Capitol Hill.
		This is how the system works.
		This is how the swamp works.
		You went to Article 3 Project.
		You downloaded the app.
		You've got your Bill Blaster.
		Grace Chung and the team there have built that.
		Everybody went to Capitol Hill and inundated people, blew their phones up.
		And said, absolutely no way.
		We don't want to get rid of the FTC.
		We like the fact that President Trump has put together an incredible team, an incredible team of antitrust types.
		They're like Elliot Ness and the Untouchables.
		We want to break up the oligarchs.
		We do not want to be like Bernie Sanders.
		We do not want to be like AOC.
		We just want to talk about breaking up oligarchs.
		We want to do it.
		Today, folks, a huge victory.
		This is after, I think, 24 or 48 hours.
		It's announced up on Capitol Hill.
		Guess who got pulled out of the reconciliation bill?
		What's called the one agency.
		The one agency move they tried to make.
		They tried to combine everything to an agency and then nobody would focus on anything.
		That's gone.
		You're still going to have an FTC and you're still going to have an FCC.
		And people say, well, Steve, you're trying to deconstruct the administrative state.
		We are.
		You've got to do it smartly.
		But you still need some regulatory apparatus to keep these oligarchs on Wall Street Wall Street and in Silicon Valley and the global corporatists to, you know, make sure that they're not out of control because otherwise they're going to get out of control.
		Mike Davis is going to be with us tomorrow morning.
		We'll go into more detail.
		But huge, huge, huge win for the Warren Posse and the Article 3 crowd right off the bat.
unidentified		Also...
steve bannon ▲ ● ▼		Speaker of the House Mike Johnson is over at Axios right now.
		You know, all of these kind of media groups and, you know, Semaphore access all these.
		One of the things they do is they put on these conferences.
		You get all the top people over there.
		You get the top, you know, corporate guys coming in.
		This I spoke to at the Semaphore thing last week.
		Mike Johnson, Speaker of the House, is over at Axios.
		And the first thing they ask me is they say, hey, look.
		You know, you got Besant coming out, say, July 4th.
		You got Thune saying sometime in the summer.
		You're saying it's going to be May.
		Is, you know, what's going on here?
		Are you going to put yours out first?
		They're going to respond.
		Are they working on their own?
		It's kind of confusing.
		And in that, and I want to give a hat tip to Senator Ron Johnson.
		Senator Ron Johnson came out a little while ago, and Grace and Moe, I don't know if you had my, I think I got it up on Getter, if you can push it out.
		He put up on Twitter and said, hey, look, I've kind of looked at this thing.
		He says, let me be honest to get my vote.
		And they're going to need his vote.
		Get my vote.
		I need five trillion in cuts.
		And I also think he said this thing's not going to happen through the summer.
		He says they're just at the very beginning of it.
		And he doesn't even see how the thing gets passed right now.
		And Ron Johnson, you know, love him or hate him, he's a pretty straight shooter.
		He said, hey, I'm going to see.
		And five trillion, not a phony, oh, let's go out to year nine and ten and, you know, we'll cut, you know, we'll cut two and a half each year then.
		He's a pretty straight shirt.
		He says, I need five trillion dollars of real cuts.
		And I don't think to see this thing happening.
		Is D.C. Drano worse?
		I think we're just going to wait through the break because I got a great cold.
		D.C. Drano doing God's work.
		The president of the United States kind of agreed with D.C. today.
		He said, hey, I got a couple of tools in the toolbox.
		I may have to use some of these tools as the judicial insurrection.
		Steps up and tries to shut down President Trump.
		Okay, we're going to reorganize the show.
		We had something very special that we were going to do for the 50th commemoration of the end of the Vietnam War 50 years ago today, the American withdrawal from Vietnam.
		We did something special this morning, even more special, I think, this afternoon.
		We'll see.
		But we're going to do that in the 6 o 'clock.
		I want everybody to stick around.
		We're going to take a short commercial break.
		I want to thank Birch Gold.
unidentified		This is the road to the Rio Reset.
steve bannon ▲ ● ▼		On July 6th in Rio de Janeiro, Brazil, there's going to be an incredibly important meeting of the BRICS Nation.
		Now, if you say that to most people in the country, you go, what the hell is he talking about?
		Making BRICS?
		No.
		The War Room Posse knows what it means and knows it's going to be important.
		Birchgold.com slash Bannon, the end of the dollar empire.
		Go there, get all six free installments.
		Get smart today.
		Talk to Philip, Patrick, and the team.
		The road to Rio as we run up to the Bricks Nation's de-dollarization program.
unidentified		We're facing an unprecedented situation where there's a lot of abuses of nationwide injunctions.
		It's sort of seemingly designed to curtail your power, specifically when it comes to deporting these evil violent aliens that came in at the previous administration.
		Have you spoken to your team about ways to mitigate this and continue to deliver to the American people?
donald j trump ▲ ● ▼		Yeah, well, there are ways to mitigate it, and there's some very strong ways.
		There's one way that's been used by three very highly respected presidents, but we hope we don't have to go that route.
		But there is one way that has been used very successfully by three presidents, all highly respected, and hopefully we don't have to go that way.
		But there are ways of mitigating that.
		I want to thank you all very much.
steve bannon ▲ ● ▼		Three highly respected presidents of the United States.
		Who would those be?
		Let me tell you.
		Abraham Lincoln, Ulysses S. Grant, and FDR.
		Not a bad lineup.
		D.C. Drano, you're the one that got this ball rolling, sir.
		What's the President of the United States talking about right there, sir?
rogan dc draino ohandley ▲ ● ▼		Well, I can't help but think he's talking about suspending the writ of habeas corpus, which is something you and I have been discussing on the show.
		This is probably the third time in the last week, but it's kind of surreal that this went from tweet to war room hit to White House press briefing.
		To coming out of the president's mouth all in less than a week.
		And this is not a typical policy idea.
		This would be something historic.
		But this shows the power of free speech.
		This shows the power of the war room posse.
		And this shows the power of good ideas.
		And so if you have good ideas, put them out there because you never know.
		A week later you could be helping shape some of our national policy.
steve bannon ▲ ● ▼		D.C. Drano, what is the constitutional issue?
		Why is this even a topic?
		What is going on that's actually brought this to the forefront?
		Why is the president talking about this?
		And why is this, in your opinion, something that could be controversial but doable, sir?
rogan dc draino ohandley ▲ ● ▼		Right.
		So we've got another fresh reminder today.
		A California federal judge appointed by Joe Biden, who, by the way, went to an unaccredited law school, California Pacific University Law, ruled that Border Patrol must now get an arrest warrant.
		To detain some illegal aliens.
		That's absolutely crazy.
		Right now it's just a reasonable suspicion standard.
		We have, you know, it's one of the carve-outs to getting arrested is if you're enforcing border laws, right?
		Hey, I got this guy crossing the border.
		Let me call a judge and see if I can get a warrant for these hundreds, thousands of people.
		It's crazy.
		It's completely bananas.
		But the judges...
		Are engaging in effectively a coup.
		A bunch of Biden leftist judges are actually infringing on the presidency's Article 2 executive powers to protect our borders, to deport illegals and enforce the laws.
		We clearly see they're engaged in this type of coup.
		And so what can President Trump do besides ignoring these orders?
		We don't want to go down that path.
		He has a constitutional power under Article 1, Section 9 to suspend the writ of habeas corpus, which has been done, as he cited, as we have discussed, by three of our top presidents.
		And you can do this only for illegal aliens.
		We're not suspending the writ for American citizens like those other three historic presidents did.
		Trump would be doing this only for illegal aliens.
		And I have to think that this would age very well.
		In the history books, you'd look back and say under Joe Biden, we had over 10 million illegal aliens cross the border.
		And under President Trump, he responded with constitutional authority to deport all 10 million of them.
unidentified		Thank you.
steve bannon ▲ ● ▼		You bring up a fascinating point.
		Just give me a minute or two on it.
		The other presidents, particularly Lincoln, these were all US citizens.
		President Lincoln, the writ was against U.S. citizens.
		This was during the Civil War.
		Talk about the big difference there.
		You're not advocating suspending the writ of habeas corpus, which goes back to ancient English common law.
		You would not suspend it for U.S. citizens.
		This would only be for illegal aliens in the sovereign nation of the United States of America, sir.
rogan dc draino ohandley ▲ ● ▼		Yeah, and this would effectively just be restoring what our immigration laws have been for decades.
		Bill Clinton deported millions.
		Obama deported millions.
		They're jumping on Trump, the courts, and stopping him from using his Article 2 executive powers.
		But here's the thing.
		Like you said, to delay is to deny.
		All they have to do is run out the clock.
		Trump has three and a half years.
		And really only a year and a half until midterm.
		So we have to start doing this now.
		Otherwise, the base is going to soften.
		They're going to say, what am I going out to vote for Republicans for if we can't do the one thing they keep saying they're going to do, which is get rid of these illegal aliens.
		So it's gut check time.
		It's spine check time.
		And even though he would be suspending the writ of habeas corpus only for illegal aliens.
		Again, he would just basically be bringing immigration enforcement back to neutral, back to where it was before these far-left judges started to unconstitutionally infringe on our On the presidency's powers and denying the American people the power of their popular vote.
		That's what they're doing.
		The guy ran on one platform, mass deportations, and they're stopping it.
		They're trying to deny us the vote.
		These unelected judges from unaccredited law schools are trying to rewrite how the Constitution works.
		And so this is just putting it back where it belongs.
		They keep saying Trump is a threat to democracy.
		No, they are.
		They're abusing judicial authority.
		They arrested him four times.
		He almost got assassinated twice.
		And now they're trying to stop him from deporting this 10 million strong illegal alien army that they welcomed into this country.
		They made an iPhone app to help them get around.
		They flew them on planes.
		They used tax dollars to put them up in New York City hotels.
		This was an orchestrated invasion by our government.
		Guess what?
		Now comes the response.
		We rose up, we fought back, and we are going to deport these millions of illegal aliens.
steve bannon ▲ ● ▼		From a Twitter comment by DC Drano to the War Room segment.
		To the White House Press Briefing Room, a question by D.C. Drano, an answer by Press Secretary Caroline Leavitt.
		To the Cabinet Room, in the voice of President Donald J. Trump, the 47th President of the United States.
		D.C. Drano, not bad work for a week, sir.
		Where do people go to get into your Twitter feed?
		Make sure they get it first next time.
rogan dc draino ohandley ▲ ● ▼		DC _Drano on all the major platforms.
		And Steve couldn't have done it without you in the war room posse.
		This thing went viral.
		People, they retweeted it.
		They commented on it.
		They liked it.
		If it weren't for people echoing good ideas, this wouldn't have risen to the top.
		So it's on us to keep it going, spread the truth about what this is and what this isn't.
		They're going to say this is dictatorship.
		They're going to say he's deporting Americans.
		No, he's not.
		The War Room Posse is armed with the facts.
		We have an independent media ecosystem.
		Let's go out and soften the battlefield for him so that we can get this done.
		It's in President Trump's toolbox.
		We now have confirmation.
		Let's make his job easier and start educating people so the media can't spin this.
steve bannon ▲ ● ▼		Thank you, brother.
		It's not a good idea.
		It's a great idea.
		Short commercial break.
		The right stuff's going to take us out.
		D.C. Drano's got it.
		So is the War Room Posse.
		Short commercial break.

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