Bannon`s War Room Episode 5106: President Trump Picks New Fed Chair; Streets Of Minneapolis Continue To Burn
Jan 30, 2026
Brandon Weikert, strategic analyst on defense and geopolitics, and Ben Burkham, on-the-ground reporter from Minneapolis. They discuss U.S. monetary policy moves and market reactions. They describe live protest conditions, law enforcement tactics, and sanctuary policy impacts. They examine strategic risks in the Middle East and advice for presidential priorities.
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Warsh Is A Market-Friendly Institutionalist
- Kevin Warsh is an institutionalist who knows the Fed inside and out and may reform without deconstructing it.
- His hawkish stance and preference for a strong dollar contrast with President Trump's dovish, weak-dollar leanings.
Expect Fed Independence, Not Political Rate Cuts
- Do not expect Kevin Warsh to cut rates simply because the president requests it; he will prioritize Fed independence and macro conditions.
- Markets like that restraint because it stabilizes bond yields and reduces the risk of overheating.
Bond Market Moves Drive The Whole Economy
- The bond market sets the risk-free rate and moves everything else in the economy, so its reactions matter more than punditry.
- Small moves in long-term yields can cause stock market indigestion and political consequences.
