Judy Shelton: "I Think Jerome Powell Was Setting Himself Up As Some Kind Of Emperor”
Steve Bannon talked to Judy Shelton, a prominent critic of the Federal Reserve, discussed the need for a fundamental review of the central bank’s role under President Trump’s administration. Shelton argues that the Fed, led by Chair Jerome Powell, has amassed excessive power, acting politically and undermining the president’s economic agenda of lower taxes, deregulation, and smarter trade policies. She criticizes the Fed’s handling of inflation, its $900 billion in unrealized losses, and its practice of paying interest on reserve balances, which she sees as distorting free market principles by fixing interest rates. Shelton welcomes President Trump’s call for a strategic review, emphasizing the need for constitutional oversight and alignment with national economic priorities, such as zero inflation and a stable dollar. She references historical debates, like those between Hamilton and Jefferson, to highlight tensions over central banking and advocates for gold-backed systems to restore economic freedom. Shelton also notes growing state-level initiatives, like those in Texas and Florida, to use gold and silver as legal tender, signaling public distrust in the Fed’s policies. She warns that the Fed’s current approach empowers big government and stifles real economic growth.
Pt.1:
Shelton: "They Meet 8 Times A Year To Decide The Amount Of Loanable Capital — That Is Barbaric”
Pt.2:
GOODWIN: "Europe Is Going Through Its Trumpian Moment With Anti-Immigration & Anti-Elite Movements”
Matthew Goodwin, a leading voice on populist nationalism, analyzed Europe’s political landscape in summer 2025 under President Trump’s leadership talked to Steve bannon. Goodwin praised Trump’s blunt warning to Europe about uncontrolled migration, echoing sentiments from leaders like Italy’s Giorgia Meloni, France’s Marine Le Pen, and the UK’s Nigel Farage, whose Reform Party polls at 34%. He highlighted mass migration—30 million people over a decade—as economically and culturally corrosive, undermining wages and eroding shared national identities, as philosopher Roger Scruton argued. Goodwin criticized Europe’s elites for ignoring public demands for sovereignty and border control, fueling populist revolts in nations like Hungary and Austria. In the UK, he noted, Brexit’s promise of sovereignty was betrayed by elites like Boris Johnson, who allowed unprecedented non-European immigration. Goodwin, now a political activist, is rallying grassroots support to back Farage’s push for national preference, tougher crime policies, and an end to globalist agendas, signaling a broader revolt against disconnected elites.
"They Pulled It Because Of J6,” Josh Petit Exposes Royal & Ancient Golf Club For Anti-Trump Bias
Steve Bannon and Josh Petit discuss the controversy surrounding President Donald Trump’s ownership of Turnberry, a historic golf course in Scotland. Despite Trump’s significant investments to restore Turnberry, the Royal and Ancient Golf Club (R&A) has excluded it from hosting the Open Championship, citing political concerns and security issues related to January 6th. However, recent high-level talks suggest the R&A may reconsider, potentially reinstating Turnberry by 2028 or 2029.