Hour 3 - Building Wealth and Financial Literacy
The Clay Travis and Buck Sexton Show
iHeartPodcasts
4.5 • 11.4K Ratings
🗓️ 28 January 2026
⏱️ 37 minutes
🔗️ Recording | iTunes | RSS
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Summary
Hour 3 of The Clay Travis and Buck Sexton Show begins with breaking economic and political news as Clay Travis and Buck Sexton react to the Federal Reserve announcing no change in interest rates, a move they describe as expected but consequential for housing affordability, mortgage rates, and broader economic momentum. The hosts then pivot to a major developing story in Georgia, where FBI agents are reported to be executing a search warrant at an election facility in Fulton County. Clay and Buck frame the raid as potentially tied to lingering questions surrounding the 2020 presidential election, noting that such discussions were once heavily censored on social media. While acknowledging the seriousness of federal involvement, both hosts caution listeners to temper expectations, citing statutes of limitation, institutional reluctance, and the likelihood that any findings—no matter how significant—would still be dismissed by partisan audiences.
Election integrity and voter confidence dominate the early portion of Hour 3, with Clay and Buck debating whether meaningful accountability for 2020 is still possible and arguing that the most important outcome now is ensuring future elections are secure. They discuss how political polarization has hardened perceptions on both sides, referencing long‑standing beliefs among Democrats about Russian interference in 2016 and skepticism among Republicans about 2020 results. The hosts emphasize that Trump’s decisive return to the White House in 2024 may represent the most consequential response to past disputes, arguing that his second term has proven more powerful and effective than a hypothetical uninterrupted presidency would have been.
The hour also includes updates on law enforcement actions tied to recent unrest, with Buck highlighting announcements from the Department of Justice regarding arrests of individuals accused of assaulting federal officers during anti‑ICE riots in Minnesota. While expressing skepticism about whether meaningful penalties will ultimately be imposed at the local level, both hosts agree that federal arrests represent a necessary step toward restoring order and protecting immigration enforcement personnel. Listener calls follow, including personal stories expressing support for law enforcement and reflections on accountability, responsibility, and respect for police officers doing difficult jobs under intense scrutiny.
A major segment of Hour 3 features an in‑depth interview with Joe Lavorgna, counselor to Treasury Secretary Scott Bessent and former Wall Street economist. Lavorgna explains the Trump administration’s newly announced “Trump Accounts,” a policy initiative designed to provide newborn children with seed investment capital to encourage long‑term wealth building, financial literacy, and participation in the U.S. capitalist system. Clay and Buck explore the power of compound interest, with Lavorgna outlining how early investment contributions—combined with historical stock market returns—could grow into hundreds of thousands or even millions of dollars over time. The discussion highlights the administration’s broader goal of expanding equity ownership and addressing the fact that millions of American households currently lack any exposure to the stock market.
The conversation then expands to affordability, inflation, and economic growth heading into the 2026 midterm elections. Lavorgna argues that Trump‑era policies emphasizing deregulation, domestic energy production, capital investment, and productivity growth are creating what he describes as a “disinflationary boom.” He explains how rising productivity allows wages to increase while prices stabilize or fall, improving living standards and restoring purchasing power. Clay and Buck also question Lavorgna about public versus private markets, access to wealth creation for average investors, and the long‑term implications of the AI boom. Lavorgna expresses optimism that innovation, strong GDP growth, and declining inflation will continue to support market expansion and job creation.
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Transcript
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| 0:00.0 | This is an I-Heart podcast. |
| 0:02.6 | Guaranteed Human. Welcome in third hour of Play-N-Buck kicks off right now. We've got a lot to dive into with all of you. You want to get some of your talkbacks and calls this hour for sure. So line them up, light them up, get them going. You all know the phone number. The talkback is on the I-Heart app. It goes to the Play-N-Buck page. you should subscribe to |
| 0:23.3 | for the PlayingHeart app. It goes to the Playing and Buck page, which you should subscribe to the Play and Buck |
| 0:23.9 | Podcast Network. And also, you can press the little microphone, send us those talkbacks, |
| 0:29.8 | play something interesting, some breaking news that you have responded to or do you have brought up here we can get into a little bit more |
| 0:39.3 | but it looks like there's some action going on in Fulton County yeah let's get into that |
| 0:47.2 | here in a sec buck but first fed no change on interest rates that just happened in the last |
| 0:52.3 | two minutes or so for those of you out there, |
| 0:55.5 | stock market not moving very much. You mentioned the SNP 500 hit a new high today, and it did. |
| 1:01.1 | It's down a little bit. But just FI. It's kind of a no news breaking news situation with that one. |
| 1:06.4 | Like, yeah, status quo. Nothing changed. That's the expectation. But yes, I just want to put that out there to the extent somebody's sitting around. They're like, what's going to happen with the Fed rates? Why didn't Clay and Buck tell us? Well, there you go. All right, now Atlanta. Yeah. Clay, believe it or not, not everyone in this audience is that a Bloomberg terminal doing the buy-sell thing like Gordon Gecko back in the 80s? |
| 1:29.5 | I'm obsessed with what interest rates are because I think it's actually the most important thing when it comes to unfreezing our housing market. |
| 1:37.3 | And until we get back down to reasonable 5% rates on mortgages, I don't think things are going to change a lot. |
| 1:43.3 | But we do have this major FBI raid going on right now. |
| 1:49.0 | I think some of you will find this more exciting news. |
| 1:52.0 | But that depends. |
| 1:53.0 | Depends on whether or not you're making magic happen on Wall Street. |
| 1:57.1 | Here we have FBI agents seen carrying out a search warrant at an election hub in Fulton |
| 2:06.5 | County, Georgia. |
| 2:08.3 | And this is obviously related based on the reporting to 2020. |
| 2:16.4 | It is now 2026, and we're doing some going to look into the 2020 situation. |
| 2:23.4 | It is not immediately clear for sure what they're looking at, but Fox News and others are reporting |
... |
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