Jan. 22, 2026 - Human Events Daily - Jack Posobiec
48:11
Live From Davos: Exclusive Interview with Secretary of the Treasury Scott Bessent
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This is what happens when the 4th turning meets 5th generation warfare.
A commentator, international social media sensation, and former Navy intelligence veteran.
This is Human Events with your host, Jack Posovic.
Christ is king.
Present tonight in the heart of Europe, abruptly backing off two bold threats regarding his ongoing quest to control Greenland, tariffs, and military action.
Posting he's reached a framework of a future deal with the Secretary General of NATO.
Tonight, the New York Times, citing three senior officials, says NATO member states discussed a compromise in which Denmark would give the U.S. sovereignty over small pockets of Greenland where the United States could build military bases.
People thought I would use force.
I don't have to use force.
I don't want to use force.
I won't use force.
But demanding negotiations to buy Greenland, arguing it's a national security priority for the U.S. against looming Russian and Chinese threats.
We want a piece of ice for world protection.
The European Union is pushing back, saying we are not going to complete our trade deal with the United States because of this.
I would say exactly what I said after Liberation Day last April, when the president imposed tariff levels on the whole world.
I tell everyone, sit back, take a deep breath, do not retaliate.
And, Maria, to put it in perspective, the United States of America since 1980 has contributed $22 trillion more dollars or spent $22 trillion more dollars on defense than all of NATO.
So roughly the same size population.
And we have spent $22 trillion more.
That is two-thirds of our outstanding government debt.
Europeans have been spending the money on social welfare, on roads, on education, and it's time for them to pay more, which they've agreed to do.
Well, ladies and gentlemen, welcome aboard today's edition of Human Events Daily.
As you can see, we're here in Davos, Switzerland, the World Economic Forum.
Today is January 2nd, 2026, Anno Domini.
Now, on today's episode, we got something really, really special for you guys.
You're going to want to do this.
You're going to want to lock in for the full episode here.
If you're listening on the podcast side, make sure you go in and listen to this a couple of times through.
And if you're not listening on the podcast side yet, go and make sure you are subscribed to us, Human Events Daily, Apple Spotify, wherever you get your podcasts, because we just conducted a huge round-robin in-depth interview with Secretary Scott Besson.
This is probably the most in-depth interview that we have done with the Secretary.
Now, you remember a couple of weeks ago, we were with Secretary Besson up there in Minneapolis.
He talked to us about the fraud investigations that the Treasury Department is going through, all those federal funds that came out.
And of course, HHS is working with them.
DOJ is working with them.
We had Alex Adams on, the Assistant Secretary of HHS the other day.
Of course, we're talking to DOJ all the time about this.
We just got back from Minneapolis.
Our field correspondent Kevin Pesovic is still in Minneapolis.
So we're tracking all of that.
Today, we sat down with Secretary Scott Besson and we walked through the money side of all these deals that President Trump is working on, not just here at the World Economic Forum, but all the way back forward in Ukraine.
And then, of course, a huge, huge, in-depth discussion on Greenland.
And it's so important because, look, I get that Greenland, you know, it's one of those things where people are saying, why are we talking about Greenland?
You know, is this something that directly affects us?
Is this something that directly ties in?
Look, look, folks, let me tell you something right now.
That's exactly what people said about Alaska.
They said when James Seward was looking, and we talked about this in the interview, when James Seward was looking at Alaska, they called it Seward's folly.
They said, why do we need that?
What do we need it for?
What's going on?
And then what happened just a couple of years after Seward organized and orchestrated the purchase of the Alaskan territory from the Russian Empire?
Oh, yeah, that's right.
They discovered gold and a little something called the gold rush took place.
That's what happened up in Alaska.
And then right after that, what did they discover?
The oil in Alaska.
Folks, when we're looking at Greenland, we're not just talking about the national security, although the national security is absolutely key.
President Trump yesterday at the World Economic Forum laid out the case for the Golden Dome, why the Golden Dome implementation needs to be in Greenland, because that's the key point to intercept those intercontinental ballistic missiles coming over the top, coming over the North Pole from any of our adversaries in the Eastern Hemisphere.
We're talking Russia, China, North Korea, Iran.
Let's say some rogue regime takes control of one of these areas or one of the regimes in place decides to actually go to war with the United States.
We need to be able to defend ourselves and any ballistic missile targeting Washington, D.C. is almost certainly going to go across the North Pole.
So this is absolutely key.
This is why Greenland is so important.
But then looking further, you've also got the economic prospects, the rare earth minerals, the prospect of oil, liquid natural grass that could be up there the same way that we found it in Alaska, as well as the shipping lanes that are going to be coming forward.
And as a former Navy officer, this is something I think about a lot because if you understand the importance of global shipping to the world economy, you understand that it's those key maritime choke points, whether it's the Suez Canal, whether it is the Strait of Hormuz for the oil, for the goods, for the shipping that comes through.
Well, guess what, boys and girls?
If that shipping is coming across the North Pole, if that shipping is going to come across the Northwest Passage or a Northern Passage, then guess what?
The new maritime key strategic choke point is going to be Greenland.
So who controls Greenland very well may control the future.
Make sure you listen to this episode absolutely in full.
Go and get the podcast, Apple, Spotify, wherever you get them, human events daily.
Folks, lock in because Secretary Scott Besson did not hold back.
And in fact, he had a couple of choice words for a governor that he saw here.
Patriot-Protect Revolution00:02:27
You saw some of the other words that he said the other day, comparing him to a certain Brett Easton Ellis character.
Well, he's got some choice words for Gavin Newsom as well in this interview.
So lock in, folks.
You're going to like this.
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All right, folks, we're here, Human Events Daily.
Jack Posevic, honored again to sit down once again with Secretary Besson, the Secretary of the Treasury.
And we're here at Davos.
We always go to such interesting places.
Yeah, Kyiv, Minneapolis, Davos.
IOSC everywhere.
It's always cold, though.
I see that I'm starting to sense a trend here.
Time for Global Contribution00:09:14
Yeah, I know.
We're going to have to go down to Argentina.
Yeah, exactly.
Exactly.
Well, I mean, you're big in Argentina.
What can I say?
And that's going to come up.
So, so much of what you've done in your role, it's been one year.
We just crossed the one-year mark.
It has really been focused on international policy and international trade.
When we come here to Davos, what is the administration's agenda?
You know, what are the line items that you're looking to get across the goalpost for this trip to Davos?
Jack, I think one of the things we want to do is just celebrate the president's achievements for this incredible year.
He has moved at warp speed, the U.S. economy, strongest economy in the world.
As the president says, we are the hottest economy on the planet, and we're inviting everyone to join us.
That America first doesn't mean America alone.
We want to lead by example.
The president, as I always say, he's done trade deals, tax deals, and peace deals.
And with the trade deals, completely reordered the global trading system to make it fair for the American people.
And we want the other economies to do well too.
And when the United States shows strength, the rest of the world can do well on the peace deals.
Obviously, he's the president of peace.
He's done eight peace deals.
I think a couple more in the Hoffer.
You and I almost a year ago went to Kyiv.
I was the highest-ranking official to go to Ukraine.
The president stopped the funding of Ukraine, and he has pushed the Europeans to pay for the Ukraine armaments.
But we signed, the genesis of it was our visit there.
We signed this economic partnership with the Ukrainians that was derided completely President Trump's idea, derided at first, and now it's the centerpiece for your Ukrainian economic prosperity going forward.
So the real message here is we want to lead by example.
We are deregulating.
We have great tax certainty and we have energy dominance.
Come and join us.
Now, how is that message being received by many of the world leaders that are here?
It's mixed.
It's mixed.
Plenty of countries are on board Team America.
They want to join, especially countries Latin America, the Donroe Doctrine, as it's now being called.
President Trump is reclaiming the Western Hemisphere.
And you know what was interesting?
The last great tariff man was President McKinley.
President McKinley, President Monroe had the Monroe Doctrine, but President McKinley was really the one who exercised dominance in the Western Hemisphere.
And we are seeing a complete change from far-left governments to center-right or right-wing governments, and they all want prosperity.
And I think we can really lead by example from all the way down in Argentina.
Chile has just elected a great new leader.
Paraguay, Bolivia, Colombia.
I think this guy called Colombia is going to be out soon.
Obviously, what's been done in Venezuela?
So I think Latin America, they all want to follow the U.S. model of prosperity.
We're seeing a lot of Asian countries, whether it's Japan, great ally.
South Korea wants to do more.
Philippines, Thailand, they all want to do more.
And many African countries, too.
And then President Trump did the peace deal with Armenia and Azerbaijan.
They are on side.
We see what's happening in Iran with that crumbling regime.
So President Trump is leading, and much of the world wants to follow.
Many countries in Europe, Europe, EU's 27 countries, the EU itself can be a bit recalcitrant.
It's just a bureaucrat, scorotic nightmare.
But underneath, you have some great dynamic economies like Poland.
Prime Minister Maloney in Italy has done a very good job.
Chancellor Mertz in Germany is trying to assert some German sovereignty.
And then the classic kind of the French, the Spaniards are lagging.
But I think that they will come along because, again, a strong U.S. means strong democracy.
Now, when we look at that, though, we did see Prime Minister Carney came out and had some pretty scathing words for President Trump.
He also talked about the old order has been destroyed.
We're not going back to the old order.
We now have this new situation.
How do you take his remarks?
Well, I think Prime Minister Carney tried to put on a mask for a bit, and he's really a globalist.
He was governor of the Bank of Canada, then governor of the Bank of England.
Then he was the UN climate czar.
And he tried to disappear that credential.
Seemed like he was more reasonable.
And when he said he wants to make Canada an energy powerhouse, Canada has great natural resources, but I don't think he wants to bring them out.
He was just in China, and President Trump said Canada should trade with China.
But when he came out and said China shares Canadian values, really?
And Jack, let's just keep in mind here: Texas has a bigger GDP than Canada.
Texas has a bigger GDP than Canada.
So one state in the U.S., more than our northern neighbor.
That's even with all the oil and the natural resources coming out of Canada.
Texas is still larger.
Well, look, Alberta is a wealth of natural resources, but they won't let him build a pipeline to the Pacific.
I think we should let them come down into the U.S.
And Alberta is a natural partner for the U.S.
They have great resources.
The Albertans are very independent people.
Rumors that they may have a referendum on whether they want to stay in Canada or not.
Sounds like you may know something up there.
People are saying people, people.
People are talking.
People are talking.
People want sovereignty.
They want what the U.S. has got.
Because when I look at Europe, how can they have sovereignty?
They don't have immigration sovereignty.
They've let their borders be overrun.
They don't have economic sovereignty.
They are dependent on China.
And they do not have security sovereignty because they are so far behind on defense and rare earths.
They need to live under the U.S. security umbrella.
And we are happy to have them in the umbrella.
President Trump has asked them to contribute a fair amount, the allocated amount that they are to NATO.
So, Jack, since 1980, and I just chose 1980 because that's when President Reagan ramped up defense spending in the U.S. to bring down the Soviet Union.
The U.S. has spent $22 trillion more on defense than NATO has.
So roughly the same economic block in terms of population.
They actually have more people than we do, but we have spent $22 trillion more.
Imagine that is over two-thirds of our outstanding national debt.
So the Europeans were spending it on social welfare.
They were spending it on roads.
They were spending it on schools.
And we've spent it defending the world.
Time for the rest of the world to chip in.
Now, you mentioned the defense spending.
You mentioned Europe sovereignty.
You mentioned rare earths.
You mentioned China.
It strikes me that all of those things lead to one place, and that's Greenland, because they all seem to converge on that spot.
We know that that has been a huge point of contention coming into this.
The Danes actually pulling out of the conference.
I believe the U.N. chief also caught a cold or something and said that he suddenly isn't able to make it right in the midst of all of this.
How does Greenland play into the administration's plans?
And what's the message for here at Davos?
Well, the message here is sit down and listen to President Trump.
There was this visceral reaction and lack of imagination on the part of the Danes and the part of the Europeans that Greenland would be safer, sounder, and put to much better use in American hands.
Bought Alaska, Bought Greenland?00:11:27
And look, this isn't without precedent.
And I was very surprised and I thought it was somewhat ironic that Senator Makowski, who I think I like more than President Trump does, came out and was against acquiring Greenland when we bought Alaska from the Russians.
She wouldn't be in the Senate if it weren't for that.
And by the way, that when Alaska was bought, it was engineered by this Secretary of State called Seward, and it was called Seward's Folly.
Wasn't popular at the time, but then guess what happened in Alaska 20 years after the U.S. acquired it?
The gold rush, the gold rush.
So I think the president is looking at Greenland strategically.
Today, you know, they talk about influencers.
These are influencers.
And they're friends of mine.
Jack, where's Jack?
Jack!
He's got a great job.
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And actually, on that, I've done a little more unpacking on this as well.
And I believe that Seward had designs for Greenland as well.
He did.
He did.
So I don't think that it's a big stretch.
And all of a sudden, the Danes are interested in it.
It was almost like a neglected child or a relative who you disown.
And let's just keep in mind, too, the Greenlanders are not in love with the Danes.
Up until the 1980s or the 1990s, the Danes were doing forced sterilizations on the Greenlanders.
I've read something about this as well, where they're talking about these types of procedures that we're going through.
And that, of course, they say it had to do with the population size and resources and all of this.
And it actually kind of ties back to some of the bureaucratic sclerosis that you were talking about here.
Well, they're in the EU, where they'll push these to what we as Americans might view as very radical policies.
And they say it's completely, you know, it's completely sensible and rational.
Well, it's completely sensible and rational.
Remember, they were going to cure global warming by getting rid of all the cows.
Somehow, cow flatulence was the greatest threat to the environment.
We actually just did a piece and piggybacking off of Axios, which is just down the street here from where we're filming, where Axios pointed out that climate change has almost completely left the room, left the building in terms of the agenda.
You just don't hear about it the way that they used to do this.
And so many places, it's just completely fallen off the wayside.
It seems like the left completely forgot about the apocalypse that was supposed to be happening.
Well, again, we heard, I remember when AOC said, well, the planet's on fire and we're going to all be dead.
I can't remember.
She keeps moving the goalpost three, five, seven years.
Only thing I know about that is my children using this excuse not to do their homework.
Well, bad, if the planet's going to explode, why do I need to do this?
And it's all been wrong.
And I think if we go back, that if we look at Bill Gates' statements, he's evolved on the issue.
He's evolved on the issue.
And if you read what he said now, he says, well, 1.5 degrees, 2 degrees, 2.5, doesn't really matter.
And by the way, it's not going to be privation and economic malaise that cures climate.
It is going to be innovation.
And we are going to innovate our way out of this, just like we did.
Remember, the U.S. was supposed to be out of oil.
And then Mr. Mitchell discovered fracking.
And created the greatest pickup in energy reserves in the history of the world.
The U.S. now has more energy reserves than anyone from a technology that didn't exist 50 years ago.
That's right.
And to the point, actually, it's talking about Greenland.
You know, people say, well, it's so icy, it's so cold.
Well, but when it was discovered by the Vikings, it was green.
And you go back even into the Viking of Leef Erickson and all this, you know, they were saying that there was farming that was being done in Greenland at the time.
And this is, you know, hundreds and hundreds of years ago, long before.
I'm pretty sure that was before Range Rovers and the nuclear power plants and the space shuttles and all this.
So it really doesn't seem like it's that's that was to me always one of the biggest pieces to say just using that example of Greenland in these stories to say, wait a minute, you know, what if this is just a natural cycle and maybe it's not always bad if it means you have more arable land, you can grow more food, all of this.
Well, there's that, but the other thing that's happening is there is climate change.
The climate changes naturally.
And if you talk to climate scientists, ice is not the natural position for the earth.
It's water.
And we will move.
I think the debate is how much of it is man-made.
And if you're on a Z-axis and you've shipped it up slightly, does the upward shift really matter?
I mean, that's what we're debating.
But to your point, and I think this informs President Trump's vision to the extent that Greenland is becoming greener, then the seaways around it are becoming more open.
There's more traffic through the Arctic.
It's just going to be 10 years, 20 years, 30 years.
There's more sea lanes.
We've got to defend it.
And I think that his strategic vision is the U.S. has to own this.
And look, this is, again, there was Alaska, but this is not without precedent.
The U.S. bought the Panama Canal from the French and completed it.
The U.S. has purchased assets from the Danes before.
During World War I, the U.S. bought the U.S. Virgin Islands from Denmark.
And let's keep in mind, Denmark remained neutral during World War I.
They were not an ally.
They were afraid that the Germans would get upset with them.
But the U.S. did buy U.S. Virgin Islands because they wanted a safe Caribbean after finishing the Panama Canal.
So again, there's a long arc of history here.
President Trump has a strategic vision.
He is trying to avert a calamity that could happen.
I don't know whether it's one year, 10 years, 15 years, but I am sure that if it's U.S. territory, no one is going to stay claim to it.
And just to be clear, the Danes have let the Chinese come in and mine in Greenland.
It's already there.
And to your point, I always bring this up talking about the history that in World War II as well, it was the U.S. defense of Greenland that prevented it being from being used by the Germans because they were not able to arrive there.
So then it became a key part of the airbridge for Lend-Lease into the U.K. to bring, and then eventually bringing troops over, started, you know, was able to get the buildup for the Normandy invasion.
So there's this whole military history of the United States and Greenland and providing for the defense of that island.
Hey, Jack, where is Jack?
Where's Jack?
Where is he?
Jack, I want to see you.
Great job, Jack.
Thank you.
What a job you do.
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And providing for the defense of that island.
In fact, when the president was being interviewed by the New York Times and they asked him, they said, well, would you ever send troops to Greenland?
He just sort of looks at them and says, we have troops in Greenland.
Philanthropists and Progress00:12:28
We already do, actually.
They've been there for quite some time.
Exactly.
And I think he also said, and the Danes have two dog floods.
Right.
They seem to upped it to four.
I was up to four.
Well, yeah, you have to watch out.
Maybe Balto will have some descendants up there.
But your point about the shipping lanes, and as a prior Navy officer, that to me has been something that we've been looking at in the Navy for quite some time.
And I know, obviously, on the commercial side, Maresk has sent a couple of test runs through there.
Look, this would cut the shipping from anything from China, anything from Asia to the European market, to Rotterdam, anything to the UK.
I mean, it would just cut it in half.
It would be so much faster to go over the top.
And the Russians certainly understand this.
That's why the Russians are building so many megaports along their northern tier, because they want to be the ones who control this area.
Because going forward, if you've got all of commercial shipping that's not going to be competing with, I mean, this is why the Red Sea is such a big deal.
This is why the Houthis were such a big deal.
Going through those sea lines of communication, being able to close that, Babo Mandeb, et cetera, et cetera.
The Straight Hamus, of course, isn't going anywhere.
But the new global choke point might be what we in the Navy refer to as the GI UK gap.
It's the Greenland-Iceland-UK gap, which is where all the shipping from the north.
So if any Russian ships want to come out, if the Germans during both World Wars, the Kriegsmarine, when they had to come get out to the wider ocean, they had to shoot that gap.
Famously, people remember the movie Hunt for Red October.
That's, you know, where the ship, when Sean Connery's driving the submarine, he's got to get through the gap when all the sonar arrays there.
So, I mean, it's such a key choke point militarily, strategically, commercially.
And I think that there's a lot of people who just seem to have missed this, but the president clearly understands it.
Well, the other thing, too, and as Treasury Secretary, I sit on the National Security Council, and I can't divulge non-public intelligence, but part of what informs the president's decision is you brought up the Houthis.
They have closed the Suez Canal.
That is not a lot of goods coming to the U.S. come through the Suez Canal, but the Europeans were too weak to stop that because most of those goods end up in Europe.
They're having to go all the way around the Cape, much longer lead times.
But the Europeans were unable, unwilling to even put a dent in the Houthis.
The U.S. jumped in and really administered a beatdown.
Secondly, let's think about how do the Russians view Europe?
So last summer, when President Ursula van der Leyden was coming back from a visit in China, the Russians jammed her airplane, the radar on her airplane, and caused a forced landing with visuals in Bulgaria.
Could you imagine the Russians doing that to Air Force One?
Of course not.
The Russians have now a campaign of mayhem all around Europe.
They are, whether it's cyber, whether it's public assets, they are blowing things up.
They are up to a lot of mischief, and the Europeans aren't able to counter it.
So why would we think that in the event that the Russians wanted Greenland, that it would be anything other than a sitting target, the U.S. would get dragged into it because we would live up to our NATO obligations.
So why not preempt the problem?
Well, and this is exactly the same part of the North Atlantic.
I mean, not far away where you have the undersea cables, and that's all of the banking information, all the internet information that's traveling between the U.S. and Europe.
All the banks of London, all the banks right here in Switzerland, all that information is going right through those undersea cables.
And that's exactly how they've designed their deep sea submersibles to be able to go down to tap into that or potentially to interfere with it.
Exactly.
So again, President Trump is being strategic.
And I think we will hear a lot more from him over the coming days and weeks.
I think it's exactly right.
So speaking of Russia there, I wanted to touch, it's been almost one year since our visit.
Your visit, really, I tagged belonging to Kyiv, meeting with President Zelensky.
Where do you think things stand?
As far as I know, I don't believe Zelensky is going to be here.
Correct me if I'm wrong, but I don't believe Zelensky is going to be here for this summit.
Where do things stand with Ukraine, as far as you can tell us?
Well, what I can tell you is Special Envoy Witkoff and Jared Kushner have had very fulsome discussions with both sides.
I think that there is progress.
There is movement.
But, Jack, just think about the loss of life in the years since we've been there.
And we've seen some of the most deadly battlefield attacks just in the past few weeks and months.
So war never would have happened if President Trump had been in office.
Russians took Crimea under Obama.
Europeans were told not to push back.
There was plenty of notice that the Russians were going to go in under Biden, and it was, well, they'll just take a little bit of it.
He said, oh, come on in, don't take much.
And I think we are making good progress.
Ukrainian people have fought valiantly.
They've created an incredible, incredible drone industry there.
So that's happening.
And we will see.
But President Trump and his team have been working to solve this.
I think he's been frustrated with President Putin.
And we'll see.
I wouldn't be surprised if we don't see some resolution in the coming months because we will get back into the summer and that's the real killing season.
That's always the first once it thaws, once your mud solidifies, that's when the tanks really start rolling.
And I want to be cognizant of the time here.
I know we're getting up towards the end, but I also wanted to ask you to America 250.
They've got the big USA house over here.
That's hitting up.
We're in America's 250th birthday year.
So many celebrations being planned for that.
I wanted to also mention, though, that the Trump accounts, now, this is a huge thing that's going to be rolled out going in for kids.
We've got two little kids in our family.
We heard that the vice president has number four on the way.
I believe, I hope it's not, I hope this is public, but I know that studying Stephen Miller has number four on the way.
A number of other pregnancies going around out there, MAGA baby boom.
And so, Jack, one thing I can tell you is that as one of three, four would probably be better.
Four, the kids start taking care of themselves.
They team up against the parents who aren't, there isn't as much intermural fighting.
Oh, and Caroline Levitt, of course.
Yes.
There's an incredible birthday of our country.
And I think it's miraculous.
President Trump is in office here, and he's going to reaffirm our history, but look forward that we're going to reaffirm our values, look at what is great about our country, what made us great, take the best parts of that.
And then, you know, President Trump is also the president of the future.
He's looking back and honoring the past, but imagining what the next 250 years look like and setting the course.
The American experiment is really just kicking into full gear here.
Never been a country like it.
Anyone who wants to deny American exceptionalism is wrong.
I was reading a book about the founder of Singapore, Lee Kuan Yu, and he said, we need to be like Americans because Americans always believe they need to be number one.
They need to be number one.
And we are.
I think everything we're doing now in this administration is setting the sales for a great, the 21st century can be the American century.
And these Trump accounts.
Jack is a great guy.
He's written a fantastic book.
Everybody's talking about it.
Go get it.
And he's been my friend right from the beginning of this whole beautiful event.
And we're going to turn it around and make our country quite again.
Amen.
President Trump has had an incredible first year.
As I said, trade deals, peace deals, tax deals.
But I personally think one of his enduring legacies will be these Trump accounts that two parts to it.
For the next five years, every child born, U.S. government will open an account in the child's name where the parents open the account.
The U.S. government will fund it with $1,000, gets invested in the stock market.
Jack, 38% of Americans have no exposure to the U.S. stock market.
Top 10% have a lot of exposure.
Everybody else, mostly through 401ks, that kind of things, have a stake in the society.
We're seeing this creeping socialism.
We're seeing Caracas on the Hudson.
And I believe two things.
One, once we give every child a stake and we can build up that every American gets to share in the bounty of America, in the innovation, in a great entrepreneurial system, in our capital system, that will be a game changer.
We're doing a lot of financial literacy.
Then the other part to this is, like you, people with in advances, people with children can open Trump accounts for their children.
They can contribute up to $5,000 or your employer can contribute $5,000.
The other thing that is going to happen is we are seeing great philanthropists.
Michael and Susan Dell gave a $6.25 billion gift.
They are going to top up the Trump accounts, which works out to about $250 per child nationally.
So they're doing every child except for the top 20% economically zip codes.
And so I think we're going to see a lot more philanthropists.
We're going state to state.
Ray Dalia, a hedge fund manager, just adopted Connecticut.
And we are going to try to get people in every state.
Philanthropies, foundations can contribute.
And we think that there are going to be about 20 states that are actually going to top up the accounts too.
And the way to think about it is a child who gets $1,000 that if they hold that until they're 65, it'd be half a million dollars.
So right now, the foundation of most Americans' retirement, Social Security, defined benefit plan, monthly payments.
This will be an incredible supplement, not a substitute.
So you'll have the monthly payments.
But then if it's just the thousand, you will have half a million dollars for your retirement.
And then if it gets topped up along the way, it could be in the millions.
That's incredible.
Now, you mentioned, before I let you go, you mentioned the stage right there.
And that reminded me, I'd be remiss if I didn't say that you were there on the opening day of Davos.
Gavin Newsom, the governor of California, he was there as well.
Bronosaurus vs. Trump00:02:17
He had some interesting comments.
He compared President Trump to a T-Rex, some strange things that he said.
What's your response?
Did you see the governor?
And do you have a chance to speak with him?
What would your response?
Well, I haven't spoken to him.
He came to my interview with Maria Barda-Roma.
He seemed not to comprehend much of it.
He seems that, you know, I thought...
Right for the course for Gavin.
Well, I thought Kamala Harris was probably the biggest economical literate from California, but I think that that's something he's number one in.
And I didn't really understand this comparison to T-Rex, that T-Rex is a fulsome fighter.
But I would say I would compare Governor Newsom probably to a Bronosaurus, just a big lumbering beast with a brain the size of a walnut.
I mean, so T-Rex versus Bronosaurus, we know who used to win that fight.
I think we've got 65 million years of history on that one.
Carnivore versus herbivore.
It's pretty much how it goes.
And certainly they don't like carnivores here in Davos with the food.
You're not a huge fan of the food here, I heard, by the way.
No.
And no, I don't know if you remember a couple of years ago, one of the recommendations from the Davos elite was we could all be eating bugs and insects.
Yeah, the insect food.
Yeah, and I tell you, after a couple of days of the food here, I may switch to bugs and insects.
You have to take the insect food up.
Or unless that's what it is.
Or I'm telling you.
I'm going to bring some Pop-Tarts next week.
Secretary Bessett, as always, very honored.
Thank you so much.
You're being with us.
Good to take care.
God bless.
Wow.
Scott Besson, Secretary of the Treasury, sitting down with us here, Human Events Daily on the sidelines, the World Economic Forum, Davos, Switzerland.
I got to say, hats off again to Rob, Parker, the entire Real America's voice team, Mason and Luke, who were so incredibly helpful to us here on the ground.
A Lot of Moving Parts00:04:30
Could not have done this without them.
A lot of moving parts, as you can imagine, getting in and out of here.
Security is tight.
It's a remote location.
Logistics are an absolute nightmare.
And I just want to say thank you to the team for everything that they were able to do to support this kind of work to be able to get you, the viewer, inside the story to bring the action directly to you.
Look, what Secretary Besson is talking about here when he goes through all of these countries, when he goes through Greenland, when he walks you through Asia, South America, Europe, what's the point?
The point is simple.
What does Secretary Besson care about?
He cares about the numbers.
He cares about the bottom line.
And what is that line?
The American economy.
You saw him when he talked about the Trump accounts right there for kids.
He said, we need to get Americans invested in the American economy.
We need to get Americans to have ownership, be stakeholders in the American economy.
That means you get a piece of the pie.
You're not just working nine to five every day.
It means you get a little slice for yourself that when America does well, you do well.
And that when America does better, you do better.
Because we've gotten to a situation in this country where unfortunately, and I say this country, I'm in Switzerland, but I'm talking about the United States, where we know the middle class is getting squeezed out.
We know they're turning it into the eggheads, of course, call it a K-shaped economy.
And what we're seeing here is that the United States is turning into now an hourglass-shaped economy.
So many at the top, so many at the bottom, the middle squeezed.
And that's a problem.
President Trump understands that's a problem.
That's why he appointed Secretary Besson.
That's why Secretary Besson earlier in the week, he said, we're going to see parallel growth in the United States.
What does he mean by parallel growth?
It means growth for the high wealth earners and well, and growth for the low-income earners.
What does it mean?
Main Street and Wall Street growing together.
And how does this all tie in?
Folks, it's the midterms.
We're going to have midterms in less than one year from now.
They are going to kick off.
So these elections are coming.
They're coming soon.
That's why President Trump is making this such an appeal.
That's why he's putting all of this front and center, front load the international travel.
And we've been told, actually, Susie Wiles put some information out that this foreign travel, there's going to be less and less of it going forward because he is going to be focused more and more on the midterms, going around the country, going state by state, looking at those swing states, looking at those Senate candidates, the key candidates, because all of this hangs in the balance.
The Trump agenda hangs in the balance.
The MAGA movement hangs in the balance.
Every piece of it is intrinsically linked.
And for those who don't understand that, for those who don't get it, you need to see the bigger picture.
Trump's got his plan.
He's got his agenda.
He's going to be curtailing the international travel.
I wouldn't necessarily say that there isn't going to be any more international travel, but we do know that the focus coming forward after this is going to be the United States is going to be those swing states going around and making sure that those key Senate races, whether it's North Carolina, whether it's Maine, those states are the ones that are for Georgia is going to be a huge, huge Senate race.
Those are the ones that we need to focus on.
In Kentucky, actually, of course, the Kentucky primary, we cannot forget about that.
Huge news on that front.
Elon Musk, 10 million to Nate Morris, who we've had here on the program that has been endorsed by Turning Point Action, one of the last people who Charlie Kirk endorsed.
Folks, that wraps up our coverage here for Human Events Daily in Davos.
And unless anything crazy happens behind me, hopefully we'll have a safe flight home.
And so remember, what happens globally can affect you locally.
If there's any message of Human Events Daily, it's that.
These world forces do affect us at home.
They affect your neighborhood.
They affect the schools that you send your kids to.
They affect the hospital that you go to when you get sick.
They affect it all.
And these people here at the World Economic Forum, we remember what they did.