Bannon`s War Room Episode 4604: Treasury Secretary Gives The Inside Baseball On The BBB; Live From BRICS
Jul 2, 2025
Scott Besant, the Secretary of Treasury, discusses strategic financial reforms necessary to confront rising government debt and inflation. He shares insights on a comprehensive plan aiming for economic revival through tax reform and deregulation. Mike Davis, a legal expert, analyzes recent judicial challenges impacting immigration policies under the Trump administration. The conversation dives into BRICS nations' burgeoning influence on global finance and the emerging skepticism towards the U.S. dollar, emphasizing the need for diversification into gold.
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Supply-Side Growth Agenda Explained
- The Big Beautiful Bill centers on a supply-side growth agenda focusing on tax cuts, deregulation, and trade reform.
- Permanent 100% expensing on capital goods will create a long-term certainty spurring unprecedented economic growth.
Reprivatizing and Trade Strategy
- Reprivatizing the economy means reducing government spending and allowing the private sector to bloom.
- Trade policies now support both manufacturing and agriculture, overcoming decades-old false choices.
BRICS Push for Gold-Backed Trade
- BRICS nations aim to undermine the dollar by shifting to gold-backed settlements.
- This movement signals global South's desire for sovereignty and financial independence from Western control.