The Warning with Steve Schmidt

Steve Schmidt and George Conway: This Is Our Last Chance to Save America

5 snips
Feb 18, 2026
George Conway, retired lawyer and anti-Trump activist running for Congress, explains why he entered the race. They debate Elon Musk’s power and whether nationalizing SpaceX is needed. Discussion covers concentrated corporate influence, dispersing authority, and why this moment matters for democracy.
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INSIGHT

Concentrated Private Power Threatens Security

  • Elon Musk's control of SpaceX creates a national security risk because one individual's power can dominate a vital sector.
  • Steve Schmidt argues concentrating critical infrastructure in one billionaire undermines democratic oversight and stability.
ADVICE

Act To Diffuse Excessive Power

  • Reform both public and private institutions to diffuse excessive agglomerations of power and wealth.
  • Carefully design interventions to spread decision-making while avoiding dangerous precedents.
ANECDOTE

Standing Against Trump From The Start

  • George Conway recounts his long opposition to Donald Trump dating back to the day Trump descended the escalator.
  • He highlights his consistent stance inside the Republican Party as evidence of principled resistance.
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