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Next Up with Mark Halperin

The Truth About Trump's Second Term Foreign Policy Strategy, and the Charlie Kirk Void, with Michael Knowles, DeRosa and Bednar

Next Up with Mark Halperin

MK Media

News, Daily News, Politics

4.61.2K Ratings

🗓️ 22 January 2026

⏱️ 73 minutes

🧾️ Download transcript

Summary

President Trump is leaning hard into foreign policy and national security, even as voters keep signaling they want answers on costs, security, and everyday life at home. In today’s reported monologue, Mark explains why second term presidents so often focus overseas and why that instinct can collide with midterm politics. Davos isn’t Dayton, but the president just spent time in Davos dealing with Greenland, Europe, the Middle East, Ukraine, and more. Why? Then Mark is joined by Melissa DeRosa and Mark Bednar to test the administration’s core argument on Greenland and Venezuela. Can Trump actually connect those moves to tangible benefits for Americans, or is the message still stuck at the level of leverage and headlines? The panel also digs into the reported slowdown in low dollar giving, and what a $10 donor recession could mean for campaigns heading into 2026 and 2028. Finally, Mark sits down with Michael Knowles for a wide-ranging conversation that begins with the lasting impact of Charlie Kirk and expands into the broader story of coalition politics on the right. They talk faith and politics, the aftermath of political violence, the combustible immigration debate playing out in Minnesota, and a rapid round look at what the second Trump term has revealed about the people shaping it, including Trump himself. Home Title Lock: Go to https://hometitlelock.com/mark and use promo code MARK to get a FREE title history report and a FREE TRIAL of their Triple Lock Protection! For details visit https://hometitlelock.com/warranty Bank On Yourself: Discover the retirement plan banks Don't want you to know about—get your free report at https://BankOnYourself.com/Mark Masa Chips: Ready to give MASA or Vandy a try? Get 25% off your first order by going to http://masachips.com/MARK and using code MARK.

Transcript

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0:00.0

Welcome in everybody. Welcome to Next Up. I'm Mark Kalperin, the editor-in-chief of the live interactive video

0:06.9

platform, two-way, the host of this ye-old program available on YouTube and as a podcast. And grateful to you all

0:14.2

for tuning in to be a nexter is to understand and appreciate what we try to do here, which is to tell you

0:20.1

what's coming next up.

0:22.2

You've got good judgment if you like this show, my mom says, and I'm glad to have you here.

0:27.3

First up today, next up will be my reported monologue.

0:31.4

Trying to make sense of this week where there's this weird dichotomy where almost every political pundit and strategists

0:38.8

will say President Trump needs to focus more on what's going on at home.

0:43.8

That part of what's ailing his poll numbers is over focus on foreign policy and national

0:48.9

security.

0:49.9

And yet President spent much of this week in Davos dealing with a bunch of foreign policy issues.

0:55.9

So I've talked to folks who've worked for past presidents who served two terms and talked to them about what causes a president to spend so much of second term focus on national security foreign policy.

1:08.1

It's an interesting story about the psychology and the practical realities

1:13.2

of being a second term American president. So I will bring my reporting to you there and eager to

1:19.4

hear what you think about what I found. And then later in the program, after that, two strategists,

1:25.2

smarties who will tell us what's going on in american politics their

1:28.6

perspective uh melissa derosa democratic strategist and mark bedner a republican a principal at monument

1:34.8

advocacy they will both be here and then michael knolls back on the program host the michael

1:40.0

no's show on the daily wire is going to talk to us about his perspective on life,

1:46.9

happiness, and other stuff. Anyway, excited to talk to all three of them, excited to do

1:53.2

that business, but also before they join us again. In just a moment, my reported monologue,

1:59.5

that's next up. If you're a homeowner in the

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