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Bannon`s War Room

Episode 4509: Bannon's Budget Breakdown; Maureen Previews Board Of Visitors

Bannon`s War Room

WarRoom.org

Politics, News, News:politics

4.516.4K Ratings

🗓️ 23 May 2025

⏱️ 55 minutes

🧾️ Download transcript

Summary

Episode 4509: Bannon's Budget Breakdown; Maureen Previews Board Of Visitors 

Transcript

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0:00.0

while ago, posted actually on social media, that they were in the process of removing the tax

0:06.3

exempt status from Harvard. There's been a lot of issues of Harvard, but that's one that comes

0:10.6

within your bailiwick. Where is that process right now? The president is moving forward with that,

0:19.6

and we're also looking at taxes on endowments.

0:23.9

And I think the important thing here, and it goes a little bit back to this Main Street

0:29.4

versus the elites that Harvard, to have a tax-exempt status, there are rules you have to follow.

0:39.0

And if you're not following the rules, no one's above the law.

0:42.0

So we will see if they're following the rules.

0:45.3

It looks like there's a substantial number where perhaps they weren't.

0:49.6

And, you know, again, too, Harvard is a gigantic hedge fund.

0:54.6

They run a leveraged investment model.

0:58.4

So we'll see where all that goes.

1:01.2

The president believes that the EU proposals have not been of the same quality

1:05.8

that we've seen from our other important trading partners.

1:19.6

I've said there are 18 important trade deals that we have to do. I'm working mostly on Asia, and that group has moved forward with some very interesting proposals, they're negotiating in good faith.

1:30.8

I would hope that this would light a fire under the EU, because, Bill, I've said before,

1:35.9

EU has a collective action problem here. It's 27 countries, but they're being represented

1:41.2

by this one group in Brussels.

1:45.0

So some of the feedback that I've been getting

1:47.7

is that the underlying countries don't even know

1:50.5

what the EU is negotiating on their behalf.

1:53.7

We have substantial revenue coming in now.

...

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