About this transcript: This is a full AI-generated transcript of Pres. Trump Holds Swearing-In Ceremony for the Chairman of the Federal Reserve - 05/22/26 from Right Side Broadcasting Network, published May 23, 2026. The transcript contains 11,544 words with timestamps and was generated using Whisper AI.
"Hey, good morning. Welcome to Right Side Broadcasting Network. This is RSBN Live. I'm Matthew Alvarez. Any minute from now, we'll take you to 1600 Pennsylvania Avenue, of course, as the president will participate in a swearing-in ceremony for the new chairman of the Federal Reserve, Kevin Warsh...."
[1:57] Hey, good morning. Welcome to Right Side Broadcasting Network.
[2:00] This is RSBN Live. I'm Matthew Alvarez.
[2:02] Any minute from now, we'll take you to 1600 Pennsylvania Avenue, of course,
[2:07] as the president will participate in a swearing-in ceremony
[2:10] for the new chairman of the Federal Reserve, Kevin Warsh.
[2:14] This will be from the East Room of the White House.
[2:17] Today is also an RSBN doubleheader, a bit later today at 2 o'clock Eastern.
[2:21] We hope you'll join us for the president's remarks in Suffern, New York.
[2:26] Now, that town is right on the border of New Jersey,
[2:30] so having some family up in that region of the earth.
[2:34] So anyway, the president will be speaking at about 3 o'clock later today.
[2:37] So we have two opportunities today to cover some live coverage
[2:41] when it comes to the White House and to the president.
[2:44] So, you know, he'll be at the Oval Office, of course,
[2:47] or actually the East Room for this next event that we're about to see.
[2:51] And then he will board Air Force One and head up to New York for that speech.
[2:56] So we have those two things that you can watch here on Right Side Broadcasting Network.
[3:00] In the meantime, as we await the live feed from the White House,
[3:03] in case you missed it,
[3:04] we actually recently caught up with conservative host Justine Brooke-Murray.
[3:09] And it's actually not an in case you missed it because we haven't aired it yet.
[3:12] So here is Justine Brooke-Murray from just yesterday.
[3:16] And joining us now here on Right Side Broadcasting Network
[3:18] is MRC video host Justine Brooke-Murray.
[3:22] Thanks again for joining us, Justine.
[3:24] Thanks for having me. It's always good to see you.
[3:26] Yeah, you too. So you guys do some great work over there at Newsbusters,
[3:30] the Media Research Center.
[3:31] Always good to see some of the research and the numbers as well.
[3:34] I mean, can you talk about that a little bit?
[3:37] Certainly. So we just conducted a study that the 51st season of SNL,
[3:43] it's supposed to be a comedy show.
[3:46] Of course, 91% of their so-called jokes during their weekend update session
[3:51] has been all about Republicans, all about conservatives.
[3:55] And here's the thing.
[3:56] I'm a jokester.
[3:57] I think we should all be able to get made fun of and make fun of each other.
[4:02] But they won't dare make fun of their own authority,
[4:05] which, of course, has always been the left.
[4:08] I remember when SNL used to be a little funnier.
[4:11] I grew up watching SNL when I was eight years old.
[4:14] This was like the early 2000s.
[4:16] So they were already very much pro-Obama.
[4:19] And I still remember when President Trump was first elected.
[4:22] They went out – the super funny comedy show all got together
[4:27] and, like, this group hugged and started singing Hallelujah
[4:30] because, you know, that's what we want to watch.
[4:33] That's what we want to hear when we think of stand-up comedy or comedy TV.
[4:38] So, of course, this is nothing new.
[4:41] But none of the jokes are even funny.
[4:44] Like, you've got Colin – you know, I almost mistook him for Colin Firth.
[4:49] I think he's in the U.K.
[4:50] But you've got Colin Jost, which sounds like Colin Joke.
[4:56] Like, he is a joke, but he thinks he can tell jokes.
[4:59] And then you've got Michael Che, like Michael Che Guevara.
[5:02] And Michael Che, he basically is on all the time
[5:05] only talking about how America's racist, Trump is racist,
[5:09] and we're supposed to laugh along as he basically complains.
[5:12] I remember just a couple of weeks ago he made a joke
[5:16] that since President Trump was going to attend a musical
[5:20] at Ford's Theater, oh, well, we hope, wink, wink,
[5:24] nothing happens to him there like what happened to Lincoln.
[5:28] And you had the entire audience cheering,
[5:31] the audience that they cast and they manufacture.
[5:34] So they were essentially calling for President Trump
[5:36] to get assassinated like they seem to do all the time,
[5:41] or at least they joke about it.
[5:42] And anything that's actually funny, you're not allowed to say.
[5:46] Because it's funny how the left, they've been in charge
[5:50] of our entertainment for so long.
[5:52] They've been in charge of our comedy industry.
[5:55] But their rule is that you're not allowed to say anything
[5:58] that could remotely trigger or offend someone.
[6:01] They were the ones who created cancel culture.
[6:04] So how can comedy actually exist when you have those rules?
[6:07] Oh, it only exists when you call for violence
[6:09] against the other side.
[6:11] It's unbelievable.
[6:12] Conservatives are actually funnier than liberals,
[6:15] in my opinion, because they tell it like it is.
[6:17] They have original comedy bits and sketches.
[6:21] And whatever happened to that when it comes to SNL
[6:24] or how about CBS, NBC, ABC, and all the crew there?
[6:28] It's just a lot of left-wing junk.
[6:30] But 91% of the jokes are against conservatives.
[6:35] It's outrageous to see that.
[6:37] They should talk about people like Spencer Pratt
[6:40] in a positive way.
[6:41] Because look at some of the AI videos he's doing out there.
[6:45] He's really telling it like it is.
[6:47] Your thoughts about Spencer and that mayoral race
[6:49] in Los Angeles?
[6:50] It's so funny to see the left and the media scrambling
[6:54] when it comes to somebody like him.
[6:56] And his opponents are so desperately trying to say,
[6:59] oh, he's a MAGA, he's a Trump supporter.
[7:02] And whether or not that's true, it doesn't matter
[7:06] because he's talking about issues
[7:09] that have affected California.
[7:12] His house was burnt down under the leftist jurisdiction
[7:15] of the current mayor there and their DEI fire chiefs
[7:19] and the lesbian deputy fire chiefs
[7:22] whom we were all supposed to be laser focused.
[7:25] The most important thing is that they were
[7:27] the first lesbian fire chief and deputy fire chief
[7:30] and look how great that is for progress.
[7:32] Meanwhile, the entire city of Los Angeles was burning
[7:36] and yet you've got them going on TV ads saying,
[7:40] oh, that's funny.
[7:41] If you're a straight white male,
[7:42] you got yourself in that fire.
[7:45] And if you're in the middle of a fire,
[7:47] well, that's your fault.
[7:48] And don't expect us to rescue you
[7:50] even though that's their job.
[7:52] So it just shows how out of touch the left is.
[7:55] If you dare to criticize their policies
[7:58] that have gone awry,
[7:59] the fact that Skid Row is everywhere in Los Angeles,
[8:03] the fact that you can barely walk outside sometimes
[8:06] without maybe stepping on a needle,
[8:08] well, that makes you a horrible right-wing fascist,
[8:11] which I'm pretty sure Pratt has been called
[8:13] multiple times during that first debate.
[8:16] And it just goes to show that they're really not,
[8:20] they're so, you know what it is?
[8:22] They're so used to being surrounded
[8:24] by their echo chamber,
[8:26] by their Hollywood leftist echo chamber
[8:28] that the words fascist and, oh, MAGA, right-winger,
[8:32] you know, that might fly on the set of SNL,
[8:36] but it doesn't fly when you're trying to appeal to voters.
[8:40] Exactly.
[8:41] And the majority, the massive majority of the country,
[8:45] they're not even listening to these guys anyway.
[8:47] I mean, a few people are out there listening.
[8:49] I mean, a decent amount,
[8:50] but not the majority of the nation.
[8:52] They're kind of,
[8:53] they kind of understand
[8:54] where these guys are coming from.
[8:55] And it's unfortunate because we like comedy.
[8:58] We want to make comedy great again.
[9:00] We want to hear more people
[9:02] saying funny jokes and laughter and all that,
[9:04] but it's just,
[9:06] they keep going with this situation again,
[9:08] to your point,
[9:09] 91% of the jokes on SNL's weekend update
[9:13] are anti-conservative.
[9:14] It's like, come on, guys.
[9:15] Can you come up with some original content here,
[9:18] you know?
[9:19] So let's shift over all the way to the Middle East.
[9:22] Your thoughts on the conflict ongoing in Iran right now?
[9:25] Yeah, certainly.
[9:27] A lot of people just,
[9:28] they are so sick of foreign wars,
[9:31] and it's understandable,
[9:33] but it's so frustrating
[9:35] to see the media try to manipulate this
[9:37] and to essentially take the side
[9:40] of those moolahs of what is now,
[9:42] what are now those cardboard moolahs in Iran,
[9:46] essentially take the side of those
[9:48] who are throwing women,
[9:51] throwing gays off buildings,
[9:52] and executing protesters in the streets
[9:55] just in, like, the span of three weeks.
[9:59] I believe they actually executed
[10:00] over 36,000 people,
[10:04] but yet you have the two senior staffers
[10:07] from CNN recently traveled to London
[10:10] to Iran's Islamic embassy,
[10:15] their embassy,
[10:16] to actually celebrate at a party
[10:18] that was supporting the Islamic regime.
[10:21] And then they came back
[10:22] just a couple of days later
[10:23] to say that those two poor,
[10:27] innocent Pennsylvania teens
[10:28] who recently traveled to New York
[10:31] to throw bombs
[10:32] and to bomb protests in the name of Allah,
[10:35] oh, well, they were really treated unfairly,
[10:38] and, you know, they were just innocent,
[10:40] and they're victims of their circumstances,
[10:42] and it's our fault
[10:43] that Islamists are activating sleeper cells
[10:46] all around this country
[10:47] on behalf of the moolahs in Iran.
[10:51] And then on top of that,
[10:52] there is no room for Sharia law in the United States
[10:55] because our law is the Constitution, Justine.
[10:58] Come on now.
[11:00] Yeah, but that's what happens
[11:01] when you get open borders.
[11:03] That's what the left wants.
[11:04] And they openly advocate it.
[11:06] They're proud of it.
[11:07] Like, it's no longer a secret
[11:08] when Mamdani says that New York is a global city,
[11:12] and then when he hires an al-Qaeda lawyer
[11:15] to be the top legal counsel of the city,
[11:18] then he held a Ramadan event
[11:20] with these Islamists who, inside his mansion,
[11:24] they apparently were throwing up
[11:26] a sign that represents ISIS.
[11:28] They were, yeah,
[11:29] I don't want to repeat it on air,
[11:31] but, of course, if you dare question that,
[11:34] you're an Islamophobe,
[11:35] and the media paints you as a horrible racist,
[11:38] and the reason they do that
[11:40] is they want to keep you in fear.
[11:42] They want to keep you afraid
[11:43] of actually criticizing the fact
[11:45] that just over 20 years ago,
[11:48] we had 9-11 in the same city
[11:50] where now you have the Grand Mufti
[11:52] who is hanging around the people,
[11:54] hanging around people like Hassan Piker,
[11:56] who stated that America deserved 9-11.
[12:01] This whole thing,
[12:02] I think about freedom of speech,
[12:04] and I think about the truth,
[12:05] and a lot of people
[12:07] that are on the wrong side of history
[12:08] are trying to go against truth,
[12:11] go against freedom of speech.
[12:13] We're not talking about
[12:15] violent threats or anything here.
[12:17] I'm not talking about any of that,
[12:18] but I am saying,
[12:19] if you want to say what you just said,
[12:22] it should be totally fine.
[12:23] It's called freedom of speech,
[12:25] and also you're speaking truth.
[12:27] So good to have that one-two punch there,
[12:29] figuratively speaking.
[12:31] Media Research Center video host,
[12:33] Justine Brooke-Murray,
[12:34] thanks again for joining us
[12:35] and talking to us about a few issues
[12:36] that are happening out there.
[12:37] We look forward to having you
[12:38] and your colleagues on,
[12:39] again, here on Right Side.
[12:40] Yeah, thank you.
[12:41] Always good to see you.
[12:43] You too.
[12:43] Thank you.
[12:46] All right, back here live
[12:48] as today is an RSBN doubleheader.
[12:50] Of course, looking forward to that.
[12:52] We'll see President Trump here
[12:53] in just a few minutes
[12:54] as soon as we see that live feed.
[12:56] And then later today,
[12:57] he'll be speaking in Rockland County, New York.
[13:00] That's up by the border of New Jersey.
[13:02] It's Suffern, New York,
[13:04] is where President Trump will be later today.
[13:07] In the meantime,
[13:08] let's go to mypillow.com slash RSBN.
[13:10] Of course, great sponsor here
[13:12] on Right Side Broadcasting Network.
[13:14] The warehouse sale is still ongoing.
[13:16] So it's mypillow.com slash RSBN.
[13:19] Of course, a lot of great quality products there,
[13:22] great pricing,
[13:23] and on top of it,
[13:25] the belief system that Mike has,
[13:28] a lot of us do too
[13:29] when it comes to election integrity,
[13:31] God, family, country,
[13:32] freedom,
[13:33] we the people,
[13:33] the Constitution,
[13:34] all the things.
[13:35] And of course,
[13:36] a staunch supporter
[13:37] and helpful supporter
[13:39] over the years
[13:40] for President Trump.
[13:41] So mypillow.com slash RSBN.
[13:43] Save up to 80% right there.
[13:45] You can do that
[13:46] by going to mypillow.com slash RSBN.
[13:49] Also, if you'd like to donate
[13:50] to Right Side,
[13:51] all you have to do
[13:51] is go to
[13:52] rsbnetwork.com slash donate as well.
[13:55] So rsbnetwork.com slash donate.
[13:57] Of course,
[13:59] we'll be continuing to cover
[14:00] political events that are happening,
[14:02] various live coverage,
[14:03] and also bringing in
[14:05] as many guests as possible
[14:06] here on the network.
[14:07] If you saw our broadcast yesterday,
[14:10] I think that was the longest amount
[14:11] of interviews that we had
[14:13] in one broadcast
[14:14] outside of breaking news,
[14:16] of course.
[14:17] On top of that,
[14:18] you know,
[14:19] we're looking forward to
[14:20] interacting with you guys
[14:22] a lot more
[14:22] on Rumble,
[14:23] on YouTube,
[14:24] and, you know,
[14:25] just hearing what you have to say
[14:26] because at the end of the day,
[14:28] again,
[14:28] it's about you,
[14:28] the viewer,
[14:29] and we're facilitating
[14:30] what's happening out there.
[14:32] That's why we're hosting
[14:33] this show, right,
[14:34] called RSBN Live.
[14:36] We bring you all
[14:37] the live coverage out there
[14:38] that you see
[14:38] when it comes to the president,
[14:39] but also within conservative,
[14:41] you know,
[14:42] perspectives and news
[14:43] and all that
[14:44] instead of going to a place
[14:46] like a mainstream network
[14:47] where, of course,
[14:48] we know what they are up to.
[14:50] Thanks to President Trump
[14:52] coining that phrase
[14:53] and really,
[14:54] it's factual
[14:56] that they are the fake news.
[14:58] because you can look
[14:59] at all of the direction
[15:01] that they're coming from
[15:02] and it isn't always
[15:04] from the perspective
[15:05] of everyday America.
[15:08] So, of course,
[15:09] we're glad you're here
[15:10] in conservative media
[15:11] with us at
[15:11] Right Side Broadcasting Network
[15:13] and we look forward
[15:13] to interacting with you guys
[15:14] a bit more.
[15:15] So, we're working on that
[15:17] here shortly,
[15:17] but in the meantime,
[15:19] let's do this.
[15:20] There are some highlights
[15:21] from the White House
[15:22] Congressional Picnic.
[15:23] Let's go to clip number two.
[16:18] Okay, once again,
[16:18] those were some highlights
[16:19] from the White House
[16:20] Congressional Picnic recently
[16:22] and whoever was doing
[16:23] the camera work there,
[16:24] a great job there,
[16:25] just getting the sights
[16:26] and sounds
[16:26] and all the skills
[16:28] to put into a video
[16:29] like that.
[16:30] Speaking of skills,
[16:32] the president spoke,
[16:34] of course,
[16:34] yesterday
[16:34] at the Coast Guard Academy
[16:36] delivering that
[16:37] commencement address
[16:38] that some of you saw
[16:39] right here
[16:39] on Right Side Broadcasting
[16:41] Network.
[16:41] Let's look at some
[16:42] of the highlights
[16:42] from that.
[16:43] Hello, cadets,
[16:46] and let me begin
[16:47] by saying a very big
[16:49] congratulations
[16:49] to the class of 2026.
[16:53] It's a true honor
[16:55] to be here
[16:55] on this magnificent day
[16:57] at one of the most
[16:58] prestigious military academies
[17:00] anywhere in the world
[17:01] and I'm thrilled
[17:02] to become the first president
[17:04] to ever give a second
[17:06] keynote address
[17:07] to this storied institution.
[17:11] A few moments from now,
[17:13] every graduate in the field
[17:14] will go forth
[17:15] with an even greater honor,
[17:17] one of the highest distinctions
[17:19] anyone can attain.
[17:21] You'll become commissioned officers
[17:23] in the United States Coast Guard.
[17:26] You're going to go on
[17:27] to greatness,
[17:28] the likes of which
[17:29] even the Coast Guard
[17:30] has not seen.
[17:31] So wherever the duty calls,
[17:34] whatever danger comes our way,
[17:37] you will fight, fight, fight,
[17:38] and you will win, win, win.
[17:40] I want to just say
[17:41] a very strong God bless
[17:43] the Coast Guard Academy,
[17:45] the class of 2026,
[17:47] God bless
[17:48] the United States military,
[17:50] and God bless
[17:51] the United States of America.
[17:54] Speaking of America,
[17:59] as we near our nation's
[18:01] 250th birthday,
[18:03] let's take a look
[18:03] at a few states
[18:04] in our union.
[18:05] Now, we know that
[18:06] there's Freedom 250 out there.
[18:08] There's also America 250,
[18:10] two organizations
[18:11] doing great things
[18:12] for our country
[18:13] just to highlight
[18:14] America 250
[18:15] coming up, of course,
[18:16] in less than a month
[18:18] and a half at this point.
[18:19] So let's focus in
[18:20] on a couple states.
[18:21] We're going to go through
[18:22] a few states here.
[18:22] Let's start with New Mexico.
[18:24] I think New Mexico
[18:32] in and of itself
[18:34] has a lot of charm.
[18:35] It does have its challenges,
[18:37] but it also has
[18:37] some of the most beautiful
[18:39] landscapes and sceneries
[18:41] in the nation
[18:42] and in the Southwest.
[18:43] It has some of the most
[18:44] beautifully diverse
[18:46] and culturally rich
[18:47] cultures and peoples,
[18:50] and it's a place of freedom.
[18:55] Santa Fe is the oldest
[18:56] capital city in the country.
[18:58] We are over 400 years old,
[19:00] but that just shows
[19:01] how rich in history
[19:02] Santa Fe and New Mexico
[19:04] truly is.
[19:05] I believe there is
[19:06] a lot of pride
[19:06] to be from here.
[19:07] The diversity,
[19:09] the culture,
[19:10] the tradition.
[19:10] It's the evening time,
[19:12] so I'll say
[19:13] hoa kong or sengi kong.
[19:16] Hello, good evening.
[19:21] My name is Tompovi Martinez
[19:22] and I come from
[19:23] San Odefonso Pueblo,
[19:25] also known as
[19:26] where the water cuts through.
[19:27] There's not only a lot
[19:29] of spiritual history
[19:30] and ancestral ties
[19:32] to the land itself,
[19:33] but what I find
[19:35] really special and unique
[19:37] is that this place
[19:38] was once the ocean
[19:40] floor and you can see
[19:41] it in the way
[19:42] that the plateaus
[19:43] are formed
[19:43] and the way
[19:43] that the rock formations exist.
[19:46] I have a great affinity
[19:47] for this area
[19:47] in northern New Mexico.
[19:49] There's a power
[19:50] to the land.
[19:51] There's a power
[19:51] to our Mother Earth
[19:53] here that people feel.
[19:55] That's a part
[19:55] of my creativity
[19:56] as a painter.
[19:59] When I returned
[20:00] from New York City,
[20:01] I was a professional dancer
[20:02] and an artist,
[20:03] and I came home
[20:05] and saw a community
[20:08] of young people
[20:09] with no outlet
[20:10] for creativity,
[20:12] let alone the arts.
[20:13] And I had just had
[20:14] an extraordinary career
[20:15] at the highest level
[20:17] in dance,
[20:18] and I thought,
[20:19] goodness,
[20:19] I should try
[20:20] to offer
[20:22] the young people here
[20:24] the same opportunity
[20:25] that I had.
[20:26] We are trying
[20:26] to keep our traditions
[20:27] and our cultures alive,
[20:28] and the existence
[20:29] of my people
[20:31] and my ancestors
[20:32] have shifted
[20:32] and changed
[20:33] over thousands,
[20:34] hundreds of years,
[20:35] like not only migrating
[20:36] from place to place,
[20:37] we've had multiple
[20:38] evolutions,
[20:39] so to say,
[20:40] culturally, societally,
[20:42] and it's important
[20:43] to stay connected
[20:44] to that and realize
[20:45] that our roots
[20:46] tie us all together
[20:48] to a time before now.
[20:50] We believe that
[20:51] cultivating a new generation
[20:53] of young people
[20:54] who really understand
[20:55] their place,
[20:57] their passion,
[20:58] and their purpose
[20:58] in the world
[20:59] is critically important.
[21:01] I feel like
[21:02] it's so important
[21:03] in order to preserve
[21:04] our culture
[21:04] and our people
[21:05] and our traditions.
[21:07] I've always said
[21:08] Santa Fe is the great
[21:10] meeting place
[21:11] of the future,
[21:12] and I still feel that way.
[21:14] And I'm just thankful
[21:14] to live in a community
[21:15] that is so welcoming,
[21:17] not only to the history,
[21:19] but welcoming to
[21:20] what the future holds for us.
[21:21] And it's important
[21:28] to decipher
[21:28] between the two.
[21:29] Of course,
[21:29] there's Freedom 250,
[21:31] there's America 250,
[21:32] of course,
[21:33] two organizations
[21:34] highlighting various states
[21:35] and highlighting
[21:36] the founding
[21:37] of our country as well.
[21:38] There's one that's
[21:40] highlighting Arkansas,
[21:40] Mississippi,
[21:41] and the great state
[21:42] here in Alabama
[21:43] as well.
[21:44] We might take a look
[21:45] at some of those videos
[21:46] as we just,
[21:47] you know,
[21:48] look at some of the history
[21:49] but also how things
[21:50] are right now.
[21:51] And to be honest,
[21:52] you're going to hear
[21:53] from people that are
[21:54] on both sides of the aisle
[21:55] within some of those videos.
[21:56] So we're just,
[21:58] you know,
[21:58] airing some of those
[21:59] just for the purposes,
[22:01] of course,
[22:01] as we get ready
[22:02] to celebrate our 250th
[22:04] coming up here,
[22:05] July 4th.
[22:06] I know it's just May 22nd,
[22:08] but before you know it,
[22:09] it'll be June 14th,
[22:10] of course,
[22:11] for that huge party
[22:12] on the South Lawn
[22:13] of the White House.
[22:14] And then we go to July 4th,
[22:16] quite awesome,
[22:17] to celebrate our 250th
[22:19] coming up.
[22:20] In the meantime,
[22:21] as we get ready
[22:21] to go to the White House
[22:22] for the swearing-in ceremony
[22:24] for the new Federal Reserve
[22:26] chairman, of course,
[22:28] specifically Kevin Warsh,
[22:30] we'll go to a couple
[22:31] of our sponsors
[22:32] in the meantime.
[22:32] Let's go to
[22:33] allfamilypharmacy.com
[22:34] slash RSBN.
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[23:45] Let's also go to
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[23:46] as you see there
[23:47] on your screen.
[23:47] All I have to do
[23:48] is text TRUMP
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[23:51] because when there are
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[23:56] You saw it with fuel prices
[23:58] when the straight-up
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[24:00] And we also know
[24:01] that gold
[24:01] is a limited commodity.
[24:03] Of course,
[24:04] they mine it out of the ground
[24:05] and when it's gone,
[24:05] it's gone.
[24:06] Governments can't just
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[24:08] And that's why
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[24:53] Two great sponsors
[24:54] here on Right Side
[24:54] Broadcasting Network.
[24:55] Let's move along
[24:56] as we are awaiting
[24:58] the president
[24:58] at the East Room
[25:00] of the White House.
[25:00] Again, he will be
[25:01] participating
[25:02] in that swearing-in ceremony
[25:04] for the new chairman
[25:05] of the Federal Reserve,
[25:06] Kevin Warsh.
[25:07] In the meantime,
[25:08] let's take a quick
[25:09] commercial break.
[25:09] We'll be right back
[25:10] here on Right Side.
[25:10] Welcome to Right Side
[25:14] Broadcasting Network,
[25:15] your trusted
[25:16] conservative news outlet.
[25:18] At RSBN,
[25:19] we deliver the truth
[25:20] when the mainstream
[25:21] media falls short.
[25:22] Since 2015,
[25:23] we've proudly broadcasted
[25:25] every single one
[25:26] of President Trump's
[25:27] iconic MAGA rallies,
[25:28] bringing you the excitement
[25:29] and energy live
[25:30] before anyone else.
[25:32] By watching RSBN,
[25:33] you get an unfiltered
[25:35] front-row view
[25:35] of the action
[25:36] on the ground.
[25:37] We interviewed the crowds
[25:38] to give a voice
[25:39] to millions of Americans
[25:41] just like you.
[25:42] We show you
[25:43] President Trump's speeches
[25:44] in their entirety,
[25:45] free from interruptions
[25:46] and censorship.
[25:48] We cover the stories
[25:49] that matter to you
[25:50] with the integrity
[25:51] and passion you deserve.
[25:52] Thank you for choosing
[25:53] RSBN as your home
[25:55] for America First News.
[25:57] Together,
[25:57] we stand strong,
[25:58] united,
[25:59] and informed.
[26:00] So join us
[26:01] and be part
[26:02] of the Right Side of History.
[26:05] Hey, y'all.
[26:06] It's Silk
[26:06] from Diamond and Soap
[26:07] Chit Chat Live.
[26:09] Look,
[26:09] don't forget
[26:09] to watch my show
[26:10] right here
[26:11] at Right Side
[26:12] Broadcasting Network
[26:13] and I want you
[26:14] to support
[26:15] Right Side
[26:17] Broadcasting Network.
[26:18] It's imperative
[26:19] that you do so,
[26:20] okay?
[26:21] Bye-bye.
[26:22] Welcome back
[26:46] to Right Side
[26:47] Broadcasting Network.
[26:48] Let's go now
[26:49] to the Commonwealth
[26:50] of Virginia
[26:51] as we're around
[26:52] the corner
[26:53] from celebrating
[26:54] our country's
[26:54] 250th anniversary.
[26:56] We'll go to
[26:56] clip six in Virginia.
[26:58] We do things
[27:00] differently here
[27:01] in Virginia.
[27:02] Our slogan is
[27:03] Virginia is for lovers
[27:04] and I really believe
[27:05] that the people
[27:06] of this state
[27:07] really showcased
[27:08] that slogan.
[27:11] The Shenandoah Valley
[27:19] is magical.
[27:20] It's folkloric.
[27:22] It's full of history
[27:23] and nature
[27:24] and outdoors.
[27:27] Winchester, Virginia
[27:28] was really at the center
[27:29] of the Civil War
[27:31] and changed hands
[27:32] more than 70 times.
[27:35] During the Revolutionary War,
[27:36] one of my family members,
[27:38] my ancestor,
[27:38] was a commander.
[27:39] When America won,
[27:40] he got gifted land
[27:41] here at Rockingham County
[27:42] for his service
[27:43] is we started growing fruit
[27:45] and selling it
[27:46] to the local community.
[27:48] My family's done that
[27:48] all the way up
[27:49] from at least 1890.
[27:53] 75% of my relatives
[27:54] came over around 1880
[27:55] and 1910
[27:56] to escape the pogroms
[27:57] in Eastern Europe
[27:58] and landed in Brooklyn
[28:00] or the Bronx
[28:01] and stayed there
[28:02] for a century or more
[28:03] and I'm the one
[28:04] who's branched out
[28:05] and left New York City
[28:07] and moved to Virginia.
[28:15] I grew up in Borough Park,
[28:16] a Hasidic enclave
[28:17] in New York,
[28:19] in Brooklyn.
[28:20] So I grew up Hasidic,
[28:21] you know,
[28:21] with the curls
[28:22] and the hat
[28:22] and all that.
[28:23] So I left around
[28:24] two years ago,
[28:25] I left the community.
[28:27] I chose the Shenandoah Valley region.
[28:29] I think it was kind of
[28:29] the perfect distance
[28:30] where I'm not too far
[28:32] from family,
[28:33] from Brooklyn,
[28:34] but also not close enough
[28:35] where it'll come show up
[28:36] at any time.
[28:36] So I get my distance,
[28:37] you know what I mean?
[28:38] It's that good,
[28:38] that good sweet spot.
[28:42] I think Virginians
[28:42] are very proud
[28:43] and look back
[28:44] to their histories a lot
[28:45] over at least four centuries
[28:47] and well beyond here.
[28:49] Here in the Shenandoah Valley,
[28:50] there's an integrity
[28:52] to the space.
[28:53] Families have moved
[28:54] into this area
[28:55] really since the 1730s
[28:56] and the Appalachian traditions
[28:58] that still shape our food,
[29:00] our music,
[29:01] the way people find
[29:02] their recreation today,
[29:04] I think, you know,
[29:05] sustain a lot over time.
[29:08] Even though we're not
[29:09] a large population,
[29:11] we have a large contribution
[29:12] in the history of the valley
[29:14] and conversely
[29:16] in the history
[29:16] of the United States.
[29:17] My dad was in Orwell
[29:23] and he inspired me
[29:25] to be active
[29:26] in protecting my country
[29:28] and all the principles
[29:30] of the country
[29:31] and we all knew
[29:33] about going to church
[29:34] and being a part
[29:36] of the community
[29:36] that we live in.
[29:38] What do you call this?
[29:44] Embroidery or something?
[29:45] I don't know,
[29:45] whatever patches are called.
[29:46] Anyway,
[29:47] these are F-100
[29:48] Super Saber
[29:49] Fighter Bombers.
[29:52] I flew this plane
[29:52] for about five years.
[29:54] 303 combat missions
[29:56] in Vietnam.
[29:58] Some of them
[29:58] were pretty hairy missions
[30:00] but I'm back
[30:01] and I was in one piece.
[30:05] We all share
[30:06] a similar story.
[30:08] It may not be
[30:08] directly with one another
[30:10] but if we didn't,
[30:11] we wouldn't be able
[30:12] to connect the way
[30:12] that we do
[30:13] when we meet each other
[30:14] in different states,
[30:15] different cities.
[30:18] Somewhere in one
[30:20] of these generations
[30:20] we share a similar story.
[30:36] Alright,
[30:36] so focusing in
[30:37] on the Commonwealth
[30:38] of Virginia
[30:39] as we are getting ready
[30:40] to go to the White House
[30:41] here.
[30:42] Of course,
[30:42] also,
[30:43] this is an RSPN
[30:44] doubleheader today
[30:45] of course.
[30:45] So later today
[30:46] at 2 o'clock
[30:47] Eastern time
[30:48] we hope you join us
[30:49] as we'll have
[30:50] a number of live interviews.
[30:51] Of course,
[30:51] we'll be looking
[30:52] at the 24-7 news cycle
[30:53] a little closer
[30:54] whether it's national news,
[30:56] international news,
[30:57] whatever's happening
[30:58] on Capitol Hill,
[30:58] hopefully some more momentum
[31:00] for passing
[31:00] the Save America Act
[31:02] and a number of other
[31:03] interesting things happening.
[31:04] So we'll get into that
[31:05] a bit more
[31:06] in the 2 o'clock broadcast
[31:07] but in the meantime
[31:08] going over just some
[31:10] of the America 250 videos
[31:11] that are out there
[31:12] Freedom 250
[31:13] always great to see it
[31:15] as we are less than
[31:16] two months of course
[31:17] July 4th is almost
[31:18] around the corner
[31:19] as we get ready
[31:20] to celebrate our 250th.
[31:22] In the meantime,
[31:23] let's go to some
[31:23] of our sponsors
[31:24] calshe.com
[31:25] slash rsbn
[31:26] You can check out
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[31:28] whether it's politics
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[31:35] Some of the political
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[31:38] are the mayoral race
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[31:48] Texas as well
[31:50] the Republican primary
[31:51] coming up
[31:51] on the 26th
[31:52] so just four days from now
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[31:58] Now you can bet
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[31:59] you can check out polls
[32:00] you can get there
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[32:01] I was going to say
[32:02] get there three ways
[32:03] from Sunday
[32:03] isn't that a comment
[32:05] or a phrase?
[32:06] Anyway
[32:06] you can get to CalShe
[32:08] by going to the QR code
[32:09] you can go to
[32:10] calshe.com
[32:11] slash rsbn
[32:11] or you can just download
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[32:14] great sponsor here
[32:15] on Right Side
[32:16] more than a million people
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[32:23] for you to choose from
[32:24] Also
[32:25] another sponsor
[32:26] here on Right Side
[32:27] Cove Pier of course
[32:28] and I know we talk
[32:29] about Cove Pier a lot
[32:30] but at the end of the day
[32:31] this is what it's about
[32:32] it's about getting water
[32:34] that is much
[32:35] better for you
[32:36] filtered water
[32:37] that does not have
[32:39] that tap water
[32:40] crap in it
[32:42] and not a bad
[32:43] aftertaste
[32:43] that you get
[32:44] when it comes to
[32:45] the tap water
[32:47] that's out there
[32:48] because you've heard us
[32:49] talk about Cove Pier
[32:50] before
[32:50] and you know
[32:51] if the water scares
[32:52] in Flint, Michigan
[32:53] and East Palestine
[32:54] Ohio
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[32:55] to make you switch
[32:56] well this might
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[32:59] 176 million Americans
[33:01] so there's
[33:02] 347 million of us
[33:04] in this country
[33:04] more than 176 million
[33:07] Americans
[33:07] are still drinking
[33:08] tap water
[33:09] with these PFAs
[33:10] in it
[33:10] they're the man-made
[33:11] chemicals
[33:11] used in food packaging
[33:12] non-stick
[33:14] cookware
[33:15] firefighting foam
[33:16] scientists are saying
[33:17] hey these are called
[33:18] forever chemicals
[33:19] because once they're
[33:20] in your body
[33:21] they stay there
[33:22] they don't break down
[33:23] and then they're linked
[33:23] to hormone disruption
[33:24] immune damage
[33:25] and increased cancer risk
[33:26] but this is the part
[33:28] that's making a number
[33:29] of people upset
[33:30] because the EPA
[33:30] actually set limits
[33:32] for PFAs
[33:33] in drinking water
[33:33] back in 2024
[33:34] but the water systems
[33:36] around the country
[33:37] have up until
[33:38] 2031 to comply
[33:40] that's a whole
[33:41] five years from now
[33:42] and until that deadline
[33:43] arrives
[33:44] a utility can be
[33:44] operating above
[33:45] the legal limit
[33:46] with these PFAs
[33:47] and isn't required
[33:48] to notify you
[33:49] so you're just
[33:49] drinking that water
[33:50] and that's why
[33:51] every single household
[33:52] needs Cove Pier
[33:53] because the government
[33:54] knows these chemicals
[33:55] are harmful enough
[33:56] to regulate
[33:56] they're just
[33:57] not making anyone
[33:58] act on it quite yet
[34:00] now we did hear
[34:01] recently
[34:02] from the EPA
[34:03] administrator
[34:04] Lee Zeldin
[34:04] that he announced
[34:05] a one billion dollar
[34:06] grant
[34:07] for smaller communities
[34:09] to get rid of
[34:09] forever chemicals
[34:10] so everyone knows
[34:12] this is an actual
[34:13] thing right
[34:14] this isn't just
[34:14] some theory
[34:15] and nothing against
[34:18] being called
[34:19] a conspiracy theorist
[34:20] well that's a
[34:21] totally different story
[34:23] I might get into
[34:23] that after this
[34:24] but in the meantime
[34:25] though
[34:26] if you want
[34:27] clean healthy water
[34:28] you're going to have
[34:28] to do it yourself
[34:29] because Cove Pier
[34:30] was engineered
[34:31] exactly for this
[34:32] and unlike the
[34:33] normal pitcher filters
[34:34] you get at the store
[34:35] their ClearWave
[34:36] Reverse Osmosis
[34:37] technology
[34:37] is actually certified
[34:38] to remove up to
[34:39] 99.9%
[34:40] of contaminants
[34:41] so those PFAs
[34:43] heavy metals
[34:43] the fluoride
[34:44] pharmaceuticals
[34:45] all getting filtered out
[34:47] I mean this thing
[34:48] filters particles
[34:49] hundreds of thousands
[34:50] of times
[34:51] smaller than a single
[34:51] human hair
[34:52] and the best part
[34:53] about Cove Pier
[34:54] is they make it
[34:55] so easy
[34:55] it sits right there
[34:56] on your countertop
[34:56] you don't have to
[34:57] drill any holes
[34:58] or call someone
[34:58] in to install it
[34:59] you just plug it in
[35:00] you can even get
[35:01] whatever temperature
[35:02] water you want
[35:03] hot, cold, or warm
[35:04] with a tap of a button
[35:05] so don't wait
[35:06] until 2031
[35:07] take control
[35:07] of the water quality
[35:08] right now
[35:09] head to
[35:09] covepure.com
[35:11] slash rsbn
[35:12] and since you're a viewer
[35:13] here at Right Side
[35:14] you get $250
[35:15] off by just going
[35:16] to covepure.com
[35:18] slash rsbn
[35:19] drinkpure
[35:20] livepure
[35:20] covepure
[35:21] obviously I'm
[35:23] passionate about that one
[35:24] all of them
[35:25] you know
[35:25] we have great sponsors
[35:27] great products
[35:28] but when it comes
[35:29] to your drinking water
[35:30] man that's definitely
[35:31] something to
[35:31] you know
[35:32] take with a precaution
[35:34] there
[35:34] and get a
[35:36] product like
[35:37] Cove Pier
[35:37] back to what I was
[35:38] saying about
[35:39] the conspiracy theorist
[35:40] thing
[35:40] you know
[35:41] sometimes people
[35:41] call people
[35:42] conspiracy theorists
[35:43] then you know what
[35:44] the conspiracy theory
[35:46] most of the time
[35:47] maybe
[35:48] might be actually right
[35:49] I think it's more
[35:51] of a leftist thing
[35:52] that they coined
[35:53] so they can just
[35:54] disregard somebody
[35:56] that's maybe
[35:56] asking questions
[35:57] or
[35:58] what about this
[35:59] or what about that
[36:00] so anyway
[36:01] I know a lot of you
[36:02] already know that
[36:02] but
[36:03] interesting times
[36:05] that we live in
[36:05] when it comes to media
[36:06] and information
[36:07] and where to watch
[36:08] and where to get your news
[36:09] and all the things
[36:10] Right Side Broadcasting Network
[36:14] has been here since 2015
[36:15] and the start
[36:17] of this network
[36:17] wasn't to
[36:18] have an agenda
[36:19] of let's
[36:21] lie to the people
[36:22] which is what
[36:23] we see a lot
[36:24] going on out there
[36:25] in the media
[36:25] because of you know
[36:28] being against God
[36:28] family country
[36:29] that kind of thing
[36:30] the first thing
[36:31] that made this
[36:32] network happen
[36:33] was because
[36:34] Joe Seale saw
[36:36] that the networks
[36:37] were just not covering
[36:38] the full speech
[36:39] for President Trump
[36:40] and then
[36:41] President Trump
[36:42] would be calling out
[36:42] the fake news
[36:43] and saying
[36:44] why won't you turn
[36:45] the cameras around
[36:46] why won't you show
[36:47] the crowds
[36:47] and then as you guys know
[36:49] for 10 plus years now
[36:51] this network
[36:53] is a
[36:53] live
[36:55] breaking news network
[36:56] it's a live
[36:57] conservative network
[36:58] we cover political news
[36:59] we have commentary
[37:00] interviews
[37:00] all the things
[37:01] within the 24-7
[37:02] news cycle
[37:03] and of course
[37:05] the Trump rallies
[37:06] over the years
[37:07] so
[37:08] you know
[37:09] again
[37:10] look at the genesis
[37:11] why did somebody
[37:12] start it
[37:12] what was the beginning
[37:14] it was
[37:15] grassroots
[37:16] is why this network
[37:18] is where it is today
[37:19] and where
[37:20] it may go
[37:21] in the future
[37:22] that's because
[37:23] we're on
[37:24] the side of the people
[37:25] you know
[37:25] it's us together
[37:27] again
[37:28] no teleprompter
[37:29] you know
[37:29] it's not
[37:30] some fake script
[37:32] by some producer
[37:33] that's saying
[37:34] you gotta say
[37:35] this and that
[37:35] you know
[37:37] so anyway
[37:37] enough of that
[37:38] let's move on
[37:39] alright
[37:40] so we see that
[37:40] the White House
[37:41] is about to start
[37:42] so what we're seeing
[37:43] is
[37:43] just in a few minutes
[37:44] from now
[37:45] the President
[37:46] will participate
[37:47] in a swearing-in ceremony
[37:48] for the new
[37:49] Chairman of the Federal Reserve
[37:51] Kevin Warsh
[37:51] okay
[37:52] so this is gonna happen
[37:53] from the East Room
[37:54] of the White House
[37:55] usually a spot
[37:57] where of course
[37:58] we see the President
[37:59] for various events
[38:00] so this one
[38:02] in the East Room
[38:02] interesting in my opinion
[38:04] because
[38:04] sometimes the swearing-in ceremonies
[38:07] are in the Oval Office
[38:09] but this one
[38:10] in the East Room
[38:10] after this event
[38:13] sometimes in the East Room
[38:15] there's no
[38:16] questions from reporters
[38:17] so once this ends
[38:20] of course
[38:20] President Trump
[38:21] will then be
[38:21] slowly heading over
[38:22] to Joint Base Andrews
[38:25] for his departure
[38:26] to Rockland County
[38:28] New York
[38:28] for our second broadcast
[38:30] which starts
[38:30] at 2 o'clock today
[38:31] the President
[38:33] will be delivering remarks
[38:34] in Rockland County
[38:35] New York
[38:35] right there
[38:36] on the border
[38:37] of New Jersey
[38:38] Mahwah
[38:39] New Jersey
[38:39] and all that
[38:40] I have some family there
[38:42] and had some family
[38:43] that used to live there
[38:44] as well
[38:44] so I know the area
[38:46] pretty well
[38:46] and that's where
[38:48] President Trump
[38:48] will be today
[38:49] so again
[38:49] that's at 2 o'clock Eastern
[38:51] of course
[38:51] we're about 2 hours
[38:52] and 19 minutes
[38:52] from our next broadcast
[38:54] so it'll be
[38:55] a pretty quick
[38:57] moving pace
[38:57] actually for the President
[38:58] today
[38:59] as he will be
[38:59] doing this swearing-in
[39:01] ceremony
[39:01] from the East Room
[39:02] and then
[39:03] jet-setting
[39:04] up to New York
[39:07] for that speech
[39:08] so glad you're with us
[39:09] here on Right Side
[39:10] as we are
[39:11] continuing our live coverage
[39:12] here
[39:13] also
[39:14] we know that
[39:15] the President
[39:15] recently spoke
[39:17] to the Coast Guard
[39:19] just yesterday
[39:20] with a commencement address
[39:21] for those of you
[39:22] just joining us
[39:22] let's go back
[39:23] to clip number 3
[39:24] and just look at
[39:24] some highlights
[39:25] as we await
[39:26] the President
[39:26] at the White House
[39:27] right now
[39:28] hello cadets
[39:32] and let me begin
[39:33] by saying
[39:34] a very big congratulations
[39:36] to the class
[39:37] of 2026
[39:38] it's a true honor
[39:41] to be here
[39:42] on this magnificent day
[39:43] at one of the most
[39:44] prestigious military
[39:46] academies
[39:46] anywhere in the world
[39:47] and I'm thrilled
[39:48] to become
[39:49] the first president
[39:50] to ever give
[39:51] a second keynote address
[39:53] to this storied institution
[39:55] a few moments
[39:58] from now
[39:59] every graduate
[40:00] in the field
[40:00] will go forth
[40:01] with an even greater honor
[40:04] one of the highest
[40:05] distinctions
[40:06] anyone can attain
[40:07] you'll become
[40:08] commissioned officers
[40:09] in the United States
[40:10] Coast Guard
[40:11] you're going to go
[40:13] on to greatness
[40:14] the likes of which
[40:15] even the Coast Guard
[40:16] has not seen
[40:17] so wherever
[40:19] the duty calls
[40:20] whatever danger
[40:21] comes our way
[40:23] you will fight
[40:24] fight fight
[40:25] and you will win
[40:25] win win
[40:26] I want to just say
[40:28] a very strong
[40:28] God bless
[40:29] the Coast Guard
[40:30] Academy
[40:31] the class of 2026
[40:33] God bless
[40:34] the United States
[40:35] military
[40:36] and God bless
[40:37] the United States
[40:39] of America
[40:40] alright so let's go
[40:44] from the commander
[40:45] in chief
[40:45] the president
[40:46] to second in line
[40:48] the vice president
[40:49] J.D. Vance
[40:50] he shared a message
[40:51] about the anti
[40:52] anti-fraud
[40:53] task force
[40:54] recently
[40:54] highlighting Minnesota
[40:56] and also
[40:57] giving a shout out
[40:58] to Nick Shirley
[40:59] take a look
[40:59] just like all of you
[41:01] I was shocked
[41:02] last December
[41:03] when I watched
[41:03] Nick Shirley's
[41:04] bombshell investigation
[41:06] of migrant fraud
[41:07] in Minnesota
[41:08] which called attention
[41:09] to the now infamous
[41:10] quality leering center
[41:12] instead of learning
[41:13] and other schemes
[41:14] across that state
[41:15] this morning
[41:16] the ringleader
[41:17] of the $250 million
[41:19] feeding our future
[41:21] fraud scheme
[41:21] in Minnesota
[41:22] was sentenced
[41:23] in federal court
[41:24] to over 40 years
[41:26] in prison
[41:27] bringing justice
[41:28] to the countless
[41:29] school children
[41:30] and families
[41:31] she had scammed
[41:32] and on top of that
[41:34] today
[41:35] federal law enforcement
[41:36] launched a massive
[41:38] raid in Minneapolis
[41:39] across the city
[41:40] agents have arrested
[41:42] 15 people
[41:44] for suspected fraud
[41:45] that amounted
[41:45] to $90 million
[41:46] this includes
[41:48] two of the largest
[41:49] Medicaid fraud cases
[41:50] in Minnesota history
[41:52] as well as
[41:53] the largest autism
[41:54] fraud scheme
[41:55] ever charged
[41:56] by the U.S.
[41:58] federal government
[41:58] with this action
[42:00] we're bringing justice
[42:01] to some of America's
[42:02] most vulnerable citizens
[42:03] and justice
[42:04] to the American taxpayer
[42:05] in 2018
[42:07] Minnesota tried
[42:08] to provide housing
[42:09] services for the homeless
[42:10] they estimated
[42:12] that the cost
[42:12] of the program
[42:13] would be
[42:14] $2.5 million
[42:15] a year
[42:16] by 2024
[42:17] the program
[42:19] had exploded
[42:20] to $104 million
[42:23] annually
[42:24] and almost
[42:25] all of that
[42:25] almost all of it
[42:27] was because of fraud
[42:29] as a result
[42:30] the state
[42:31] had to shut down
[42:31] the program
[42:32] and can no longer
[42:33] provide those services
[42:34] to Americans in need
[42:36] so we've got
[42:37] homeless veterans
[42:38] sleeping on the streets
[42:40] because fraudsters
[42:41] got rich
[42:42] but it's not just
[42:43] the homeless
[42:44] who are the victims
[42:44] of these fraudsters
[42:46] the victims
[42:47] in the cases
[42:48] announced by DOJ
[42:49] today also include
[42:50] disabled Americans
[42:52] who rely on community
[42:53] support to live
[42:54] full independent lives
[42:55] and citizens
[42:57] for whom defrauding
[42:58] such programs
[42:59] is literally
[43:00] a matter of life
[43:01] and death
[43:02] in one of the most
[43:03] horrifying cases
[43:04] charged today
[43:05] a recipient
[43:06] who needed
[43:07] 24-hour care
[43:08] was supposed
[43:09] to be receiving
[43:10] okay interrupting
[43:12] the vice president
[43:13] because we have to
[43:13] go to the president
[43:14] at the White House
[43:15] because that live feed
[43:16] is just starting
[43:17] and of course
[43:18] you can watch
[43:18] the vice president's
[43:19] message there
[43:20] on his X account
[43:22] and then also
[43:23] we'll replay it
[43:24] in full
[43:25] in the second broadcast
[43:27] of the day
[43:27] which is going to be
[43:28] at 2 o'clock
[43:30] eastern time
[43:30] right here on
[43:31] right side
[43:31] of course
[43:32] President Trump
[43:33] speaking in
[43:34] Rockland County
[43:35] New York
[43:35] a bit later today
[43:36] so he's going to be
[43:37] at the White House
[43:37] of course right now
[43:38] and let's go to it
[43:39] ladies and gentlemen
[43:48] the president
[43:48] of the United States
[43:50] Donald J. Trump
[43:51] accompanied by
[43:52] Kevin Warsh
[43:53] I thought that was
[45:11] for me
[45:11] I was very unhappy
[45:13] I looked around
[45:14] and I saw
[45:15] they're all looking
[45:16] at you
[45:16] I was not happy
[45:17] about that
[45:17] and it's amazing
[45:20] that's an amazing
[45:21] amazing audition
[45:24] and I'll tell you
[45:24] what
[45:25] it's
[45:25] you have the most
[45:26] important business
[45:27] people and people
[45:28] political people
[45:29] that you can possibly
[45:31] have in one room
[45:32] that soon will be
[45:33] a much larger room
[45:34] than this
[45:35] we'll have
[45:35] a room substantially
[45:37] larger than this
[45:38] which we really do need
[45:41] because we would have
[45:42] had five times this crowd
[45:44] everybody wanted to be here
[45:46] to be with you
[45:46] and it's an honor
[45:49] and today I'm thrilled
[45:50] to welcome you
[45:50] to the White House
[45:52] the most beautiful building
[45:53] I love this building
[45:54] we fix it up all the time
[45:55] that's the real estate
[45:57] business in me
[45:58] and it's in tippy tap
[46:00] shape finally
[46:01] but for the swearing in
[46:03] of our new chairman
[46:04] of the Federal Reserve
[46:05] Board of Governors
[46:06] Kevin Warsh
[46:08] Kevin
[46:08] and I expect
[46:31] he will go down
[46:32] as one of the truly
[46:32] great chairman
[46:33] of the Federal Reserves
[46:34] that we've ever had
[46:37] I really believe that
[46:38] I think he's
[46:38] he's got abilities
[46:40] that very few people have
[46:42] that covers a lot
[46:44] of territory
[46:44] and he's respected
[46:45] by everybody
[46:46] and that's so important
[46:47] in that position
[46:48] congratulations to Kevin
[46:49] and to his wonderful wife
[46:52] Jane
[46:52] Jane thank you very much
[46:54] fantastic
[46:58] and to your very beautiful family
[47:02] you have a beautiful family
[47:04] congratulations
[47:05] it's a big deal
[47:06] we're honored to be joined
[47:08] by some incredible people
[47:11] our speaker
[47:12] of the house
[47:13] Mike Johnson
[47:13] who is doing an unbelievable job
[47:15] Mike thank you very much
[47:17] he's working very hard
[47:22] on the Save America Act
[47:23] but I will not say that
[47:25] he'll get it done too
[47:26] he gets everything done
[47:27] thanks Mike
[47:28] Supreme Court justices
[47:31] and they are great
[47:32] Clarence Thomas
[47:34] and Brett Kavanaugh
[47:35] Secretary of the Treasury
[47:46] he's like central casting
[47:48] Scott Besant
[47:50] if we do a movie on
[47:56] someday we're going to need
[47:58] a Secretary of the Treasury
[47:59] we're starring him
[48:00] I think
[48:01] we'll put him in there
[48:01] right
[48:02] he's done a
[48:03] he's done a good job
[48:04] Secretary of Agriculture
[48:06] Brooke Rollins
[48:07] Brooke
[48:08] thank you
[48:09] Secretary of Commerce
[48:12] Howard Lutnick
[48:13] thank you Howard
[48:14] Secretary of Transportation
[48:18] Sean Duffy
[48:19] thank you Sean
[48:21] Acting Secretary of Labor
[48:25] Keith Sonderling
[48:27] thank you
[48:28] CIA Director
[48:32] John Radcliffe
[48:34] thank you John
[48:35] OMB Director
[48:39] Russell Vogt
[48:40] Russell
[48:41] thank you Russell
[48:42] White House
[48:45] Chief of Staff
[48:46] Susie Wiles
[48:47] Director of the
[48:53] National Economic
[48:54] Council
[48:55] the other Kevin
[48:56] I was
[48:57] you know
[48:57] they kept talking about
[48:58] Kevin Kevin Kevin
[48:59] and he's a good man
[49:00] you're going to be working with
[49:01] Kevin Hassett
[49:02] Director of the
[49:08] Federal Housing Finance Agency
[49:10] Bill Pulte
[49:11] and thanks as well
[49:15] we have so many
[49:16] political leaders
[49:17] and I just see a few
[49:18] and you have
[49:19] Tommy Tuberville
[49:21] soon to be
[49:22] a governor
[49:23] right now a very successful
[49:24] senator
[49:26] Dave McCormick
[49:27] who's a phenomenal guy
[49:28] wherever you may be
[49:29] Dave
[49:30] Andy Barr
[49:33] just had a big win
[49:34] he won by 40 points
[49:36] congratulations
[49:38] that was a big win
[49:41] Andy
[49:41] I'm proud of you
[49:42] did the endorsement help
[49:44] Dan Muser
[49:48] my friend
[49:48] who's a
[49:49] fantastic congressman
[49:50] Dan
[49:51] thank you very much
[49:52] Elise Stefanak
[49:55] Elise
[49:56] hi
[49:58] and a highly respected guy
[50:01] another friend of mine
[50:02] French Hill
[50:02] thank you
[50:04] thank you
[50:04] also with us
[50:08] former Vice President
[50:09] Dan Quayle
[50:10] haven't seen Dan Quayle
[50:11] where's Dan Quayle
[50:14] wow
[50:14] you look good
[50:16] you look good
[50:18] that's nice to see you Dan
[50:21] very nice
[50:22] former Speaker of the House
[50:24] Kevin McCarthy
[50:25] Kevin
[50:26] good guy
[50:31] former Secretary of State
[50:33] Condoleezza Rice
[50:35] highly respected
[50:36] highly respected
[50:39] by everybody
[50:41] me too
[50:42] former Governor
[50:44] Glenn Youngkin
[50:45] done a great job
[50:47] great Governor of Virginia
[50:51] and they try and take it apart
[50:53] as fast as they can
[50:54] but
[50:54] you did a really fantastic job
[50:56] thank you very much
[50:57] Glenn
[50:57] and many others
[50:59] tremendously
[51:00] distinguished
[51:02] the biggest leaders
[51:03] of business
[51:04] and the biggest leaders
[51:05] of politics
[51:06] other than the ones
[51:07] we mentioned
[51:07] this is quite an assemblage
[51:09] of talent
[51:10] I see the Southern District
[51:11] over here
[51:12] will you stand up
[51:13] please Southern District
[51:14] Jay
[51:14] stand up
[51:15] and I don't know
[51:21] if our acting Attorney General
[51:22] is here
[51:23] he's pretty busy
[51:24] he's kept very busy
[51:25] so if he is
[51:26] or if he isn't
[51:27] I'll just tell you
[51:27] he's doing a very good job
[51:29] working together
[51:29] right
[51:30] he's doing a great job
[51:31] actually
[51:31] so no one in America
[51:33] is better prepared
[51:34] to lead the Federal Reserve
[51:36] than Kevin Warsh
[51:37] Kevin received a degree
[51:39] in public policy
[51:40] from Stanford University
[51:42] and then earned a JD
[51:43] from Harvard Law School
[51:44] he studied under
[51:46] the renowned economist
[51:47] Milton Friedman
[51:48] and was mentored
[51:49] by the legendary
[51:50] Secretary of the Treasury
[51:52] and Secretary of State
[51:53] George Shultz
[51:55] it's all legendary names
[51:57] really
[51:57] Kevin has worked
[51:59] at the highest levels
[52:00] of the financial world
[52:01] as an executive
[52:02] in the private sector
[52:03] he did very well
[52:04] and he served
[52:05] at the highest reaches
[52:07] of government
[52:07] as a senior
[52:08] economic advisor
[52:10] in the White House
[52:11] he knows the White House
[52:12] very well
[52:13] he's walking
[52:14] through the White House
[52:15] he's pointing things
[52:16] to me that I didn't even know
[52:17] at the age of 35
[52:20] he became the youngest
[52:21] ever Federal Reserve Governor
[52:22] for the past 15 years
[52:24] Kevin has been a fellow
[52:25] at Stanford's Hoover Institution
[52:28] and his credentials
[52:29] really are second to none
[52:31] when you hear them
[52:31] and there's plenty more
[52:32] I know that Kevin
[52:34] has the deepest respect
[52:35] and reverence
[52:37] for the institution
[52:38] he will lead
[52:39] starting today
[52:40] we're so lucky
[52:42] to have him
[52:43] the Federal Reserve
[52:44] is a pillar
[52:45] of the world financial system
[52:47] and the most important
[52:48] central bank
[52:48] anywhere in the world
[52:50] with a history
[52:51] stretching back
[52:52] more than 100 years
[52:54] it is truly
[52:55] the institution
[52:56] that's most looked to
[52:58] and most respected
[52:59] and it's now taken on
[53:00] a new
[53:00] a new and even higher
[53:02] respect in my opinion
[53:04] and honestly
[53:05] I really mean this
[53:06] this is not said
[53:08] in any other way
[53:08] I want Kevin
[53:09] to be totally independent
[53:11] I want him to be independent
[53:13] and just do a great job
[53:14] don't look at me
[53:15] don't look at anybody
[53:16] just do your own thing
[53:18] and do a great job
[53:19] okay
[53:19] unfortunately
[53:29] in the eyes of many
[53:30] the Fed lost its way
[53:32] in recent years
[53:33] it became distracted
[53:34] by concerns
[53:35] far removed
[53:36] from its core mission
[53:37] and mandate
[53:38] drifting into matters
[53:40] such as climate policy
[53:41] and DEI initiatives
[53:42] with the Fed
[53:44] straying from its mandate
[53:46] while the last administration
[53:48] blew out the deficit
[53:49] Americans suffered
[53:50] the worst inflation
[53:51] that we had in history
[53:52] it was the worst inflation
[53:54] we've ever had
[53:55] as you know
[53:56] some people say
[53:57] you're wrong about that
[53:57] it was only in 48 years
[53:59] but I think 48 years
[54:01] almost sounds worse
[54:01] the worst inflation
[54:02] we've ever had
[54:03] so it made it very difficult
[54:04] Kevin has spoken often
[54:06] about the need
[54:07] to restore the Fed's integrity
[54:08] by returning to a proper focus
[54:10] on its two functional
[54:12] and really fundamental
[54:14] responsibilities
[54:15] maintaining price stability
[54:17] and low inflation
[54:18] and achieving full employment
[54:21] and we talk about it
[54:22] we've talked about it often
[54:23] and right now
[54:25] we have the most people
[54:26] working in the United States
[54:27] than we've ever had
[54:28] we have never had
[54:29] as many people working
[54:30] right now
[54:31] in the United States
[54:32] and it's something
[54:34] that I like to say
[54:35] and it's been pretty much
[54:36] that way ever since
[54:37] I've been president
[54:38] when I go back
[54:39] to the first term
[54:40] I had those numbers too
[54:41] and I kept them
[54:42] and we've done things
[54:44] that are really amazing
[54:46] but we can bring it
[54:46] to a new and higher level
[54:48] with Kevin
[54:48] I think we can bring it
[54:50] to a level that nobody
[54:51] ever thought possible
[54:52] by following through
[54:53] on this vision
[54:54] Kevin will restore confidence
[54:56] in the Fed
[54:57] which is so important
[54:58] and among Americans
[54:59] all across the political spectrum
[55:02] and people from all over the world
[55:03] and they're going to be looking to Kevin
[55:05] probably and possibly more
[55:07] than any other person
[55:09] that's had your esteemed position before
[55:12] I think that's true Kevin
[55:13] you've got a lot of people watching
[55:14] I fully expect that
[55:16] with the greatest Fed chairs
[55:17] before him
[55:18] Kevin will safeguard
[55:20] the Fed's integrity
[55:21] they'll make their own decisions
[55:23] and hopefully make them well
[55:25] but they'll be listening
[55:27] to Kevin all the way
[55:28] I really believe that
[55:29] even if they're from
[55:30] a somewhat different persuasion
[55:31] they're going to be listening
[55:32] to him out of respect
[55:34] because everybody respects him
[55:35] thankfully unlike some
[55:37] of his predecessors
[55:38] Kevin understands
[55:39] that when the economy
[55:40] is booming
[55:41] it is
[55:42] that's a good thing
[55:43] we don't have to go crazy
[55:45] just let it boom
[55:46] we want it to boom
[55:47] we want it to be like
[55:48] nobody has ever
[55:49] had before
[55:51] because we do have some debt
[55:52] we'd like to take care of
[55:53] and the way you do that
[55:54] is through growth
[55:55] we're going to grow our way
[55:56] out of it so fast
[55:57] and Kevin somebody
[56:00] and I feel strongly also
[56:01] we don't want to see it stifled
[56:02] we want to stop inflation
[56:04] but we don't want to stop
[56:05] greatness
[56:06] and so that's really
[56:08] a very good thing
[56:09] a very positive thing
[56:10] and that's what he's looking to do
[56:12] he's looking to do
[56:13] positive economic growth
[56:14] it's so important
[56:15] and as we discussed
[56:17] economic growth
[56:18] doesn't mean inflation
[56:19] it can be
[56:20] just the opposite actually
[56:21] but economic growth
[56:23] does not mean inflation
[56:25] you don't have to stop the world
[56:26] because you're doing well
[56:28] Kevin's also said
[56:30] that he'll bring
[56:30] much needed reform
[56:32] and modernization
[56:33] transforming
[56:34] obsolete data collection methods
[56:36] rolling back
[56:36] reliance on inaccurate models
[56:39] and curtailing the Fed's practice
[56:41] of issuing so-called
[56:42] forward guidance
[56:43] they want to do things on that
[56:45] I guess it's a
[56:46] a little complex subject
[56:48] but it's something that Kevin knows
[56:50] about better than probably anybody here
[56:52] he has the temperament
[56:54] and leadership abilities
[56:55] to foster collaboration
[56:57] among the entire board
[56:58] and I know he will welcome
[56:59] robust debate
[57:01] in his mission
[57:02] to keep prices stable
[57:04] and employment high
[57:05] Kevin will have the full support
[57:07] of my administration
[57:08] every one of these people
[57:09] felt including Kevin
[57:11] by the way
[57:12] felt so strongly
[57:12] about this choice
[57:13] and we have no doubt
[57:16] we have absolutely no doubt
[57:18] so important too
[57:19] so big
[57:20] so important
[57:21] I just turned on the television
[57:23] I wanted to see
[57:23] how the stock market's doing today
[57:25] stock market's up 600 points
[57:26] that means
[57:27] they like you
[57:28] if they didn't like you
[57:31] it's actually up to
[57:38] 50,702
[57:40] so that's as of about
[57:42] 12 minutes ago
[57:43] now who knows
[57:44] but I think it can only go up
[57:45] I think with you
[57:46] it's only going to go up
[57:47] that was a number
[57:48] that nobody thought
[57:49] was reachable
[57:50] during my entire four years
[57:52] if you look at some
[57:53] of the great pundits
[57:54] they said
[57:55] well 50,000 would be impossible
[57:57] during the four years
[57:58] but sometime after
[57:59] we hit it in the first year
[58:00] but now we're really hitting it
[58:01] and think of it
[58:04] it's up to 50,702
[58:06] and S&P likewise
[58:08] set a new record today
[58:09] they both set new records today
[58:11] and boy that's something good
[58:12] but you're going to bring it
[58:12] to a much different level
[58:14] believe me
[58:14] it's good
[58:15] but it can go much better
[58:18] and that's what I think
[58:19] you're going to do
[58:19] in my first year
[58:20] we passed the largest tax cuts
[58:22] in American history
[58:23] the largest regulation cuts
[58:25] in American history
[58:26] and the largest spending cuts
[58:28] in American history
[58:29] all things that are so important
[58:30] to greatness
[58:31] and last year
[58:33] we slashed the budget
[58:34] by almost 500 billion dollars
[58:37] at the same time
[58:37] our military was at
[58:39] 1.2 trillion
[58:40] and we'll go be doing
[58:41] the one thing we are going to be doing
[58:43] is
[58:43] and we build everything in America
[58:44] we build it here
[58:45] it's jobs, jobs, jobs
[58:46] but it's also strength
[58:48] strength, strength
[58:50] we're going to be submitting
[58:52] a military budget
[58:53] for 1.5 trillion dollars
[58:55] we have the greatest military
[58:57] in the world
[58:57] I built it during my first term
[58:59] I didn't know we'd be using it
[59:01] so much in my second term
[59:02] but they gave away
[59:04] a little bit of it
[59:05] during somebody else's term
[59:07] foolishly
[59:08] but it's a very small part
[59:09] relative to the whole
[59:10] but we have the greatest military
[59:12] in the world
[59:12] I was with President Xi
[59:13] and I said to him
[59:15] we have the greatest military
[59:16] in the world
[59:17] and he actually didn't agree
[59:19] we had a great meeting
[59:20] he actually didn't disagree
[59:21] with me on that very much
[59:23] I will tell you
[59:23] but we really do
[59:25] what we've done in Venezuela
[59:26] you see
[59:27] what we've done to Iran
[59:29] Iran is dying to make a deal
[59:31] we'll see what happens
[59:32] but we hit them hard
[59:33] and we had no choice
[59:35] because Iran cannot have
[59:36] a nuclear weapon
[59:38] they cannot have it
[59:39] so I promised to cut
[59:47] 10 old regulations
[59:48] as you know
[59:49] in my first term
[59:50] for every new regulation
[59:52] if you put a new regulation
[59:53] then that's fine
[59:54] but you had to cut
[59:54] you had to cut
[59:56] at least 10
[59:57] and so far
[59:59] and I did that
[1:00:00] it was actually 1 to 12
[1:00:02] so I did a little bit better
[1:00:03] so far
[1:00:05] we're blowing it away
[1:00:06] this year
[1:00:07] so far
[1:00:08] it's 1 for 129
[1:00:11] in other words
[1:00:11] we're cutting 129 regulations
[1:00:13] for every one
[1:00:14] Mr. Speaker
[1:00:15] that we put in
[1:00:16] so that's music to ears
[1:00:18] we don't even have to go
[1:00:19] through Congress for that
[1:00:20] you know
[1:00:20] it's a lot easier
[1:00:22] if I do it
[1:00:23] it's a lot easier
[1:00:23] but all of these actions
[1:00:25] are aimed at lowering costs
[1:00:26] creating jobs
[1:00:27] and driving economic growth
[1:00:29] jobless claims
[1:00:31] recently hit the lowest level
[1:00:32] since 1969
[1:00:33] under our leadership
[1:00:35] 5 million people
[1:00:36] have been lifted
[1:00:37] off of the food stamps
[1:00:39] think of that
[1:00:39] under
[1:00:40] just in a short period
[1:00:41] of time
[1:00:41] more Americans
[1:00:42] are working today
[1:00:43] as I said
[1:00:44] than ever
[1:00:44] than ever before
[1:00:46] and very importantly
[1:00:47] 100% of the net
[1:00:49] new jobs
[1:00:50] under this administration
[1:00:51] have been created
[1:00:53] in the private sector
[1:00:55] which is a number
[1:00:56] that nobody's ever
[1:00:57] to think of that
[1:01:01] they're all
[1:01:02] in the private sector
[1:01:03] and we did
[1:01:04] get rid of a lot
[1:01:05] of government jobs
[1:01:06] you had jobs
[1:01:07] where there were 10 people
[1:01:08] for every single
[1:01:09] job
[1:01:10] and every single event
[1:01:11] and they were doing
[1:01:12] all the same thing
[1:01:13] or they weren't doing
[1:01:14] very much
[1:01:14] and they didn't like me
[1:01:17] for a while
[1:01:17] and now they're all
[1:01:18] working at private sector
[1:01:19] jobs
[1:01:20] and they're making double
[1:01:21] triple
[1:01:21] quadruple the pay
[1:01:22] and they're loving life
[1:01:23] and they're loving going
[1:01:24] to work
[1:01:24] and it was a painful
[1:01:26] experience
[1:01:26] cutting that many people
[1:01:28] from the federal government
[1:01:29] but it's been amazing
[1:01:30] and you know
[1:01:31] you just can't have that
[1:01:32] you can never make a country
[1:01:33] as I say great again
[1:01:34] if you're going to have
[1:01:35] all government jobs
[1:01:37] we're all private jobs
[1:01:38] and the jobs are coming
[1:01:39] we're building
[1:01:40] more plants
[1:01:41] more equipment
[1:01:42] than anybody
[1:01:42] has ever
[1:01:44] any presidents
[1:01:45] ever done
[1:01:45] any administration
[1:01:46] has ever done
[1:01:47] and the number
[1:01:48] I like the best
[1:01:49] is we have
[1:01:50] 18 trillion dollars
[1:01:51] being invested
[1:01:52] in the United States
[1:01:53] for 11 months
[1:01:54] not 12
[1:01:54] we haven't gotten
[1:01:55] the results
[1:01:56] from 12 yet
[1:01:57] we're pretty new
[1:01:58] but in 11 months
[1:02:00] we have 18 trillion dollars
[1:02:02] being invested
[1:02:03] with a T
[1:02:03] being invested
[1:02:05] in the United States
[1:02:06] and the record
[1:02:06] was 3 trillion
[1:02:07] many years ago
[1:02:09] by a different country
[1:02:10] that I actually
[1:02:10] just left
[1:02:11] it starts with a C
[1:02:13] but we have
[1:02:14] and that was 3
[1:02:15] and we're at 18 trillion
[1:02:16] we're building factories
[1:02:18] car plants
[1:02:18] everything
[1:02:19] AI
[1:02:19] everything
[1:02:20] all over the country
[1:02:21] nobody's ever seen
[1:02:23] anything like it
[1:02:24] and I have to say
[1:02:25] I have to give
[1:02:25] the credit
[1:02:27] to what used to
[1:02:28] I used to say
[1:02:29] it was my favorite word
[1:02:30] my favorite word
[1:02:31] of all
[1:02:31] but I got in such trouble
[1:02:32] because when I said
[1:02:34] tariff is my favorite word
[1:02:36] the media went crazy
[1:02:38] they said
[1:02:38] what about your wife
[1:02:39] your family
[1:02:40] what about God
[1:02:41] what about religion
[1:02:42] so I said
[1:02:43] okay good
[1:02:44] I'll make it my fifth
[1:02:45] favorite word
[1:02:45] right
[1:02:47] but because of tariffs
[1:02:49] we have tremendous amounts
[1:02:51] of I mean
[1:02:51] the car companies
[1:02:52] are all coming back
[1:02:53] they left us
[1:02:54] for 35-40 years
[1:02:55] they left us
[1:02:56] chip
[1:02:57] we will have 50%
[1:02:58] of the chip
[1:02:59] making capability
[1:03:01] of who that man right there
[1:03:02] is
[1:03:03] stand up
[1:03:03] will you please
[1:03:04] but is that right
[1:03:05] we're going to have
[1:03:05] 50%
[1:03:06] by the time
[1:03:07] I leave office
[1:03:08] and maybe more than that
[1:03:09] they're moving in from Taiwan
[1:03:11] they're moving in from other places
[1:03:12] and they're building in Arizona
[1:03:14] in particular
[1:03:15] in that particular case
[1:03:16] but between the auto plants
[1:03:18] we have more auto plants
[1:03:19] under construction
[1:03:20] now than we've ever had before
[1:03:21] we went many years
[1:03:23] and there was no plant built
[1:03:24] and it's all due
[1:03:26] to what we did with tariffs
[1:03:28] I guess November 5th
[1:03:29] but all because of
[1:03:30] the tariffs
[1:03:31] and what they've done
[1:03:32] used properly
[1:03:33] used judiciously
[1:03:35] so it's really something special
[1:03:37] so we have all this
[1:03:38] all these plants
[1:03:39] under construction
[1:03:40] they'll be completed
[1:03:41] over the next year and a half
[1:03:42] and you're going to see numbers
[1:03:43] like we've never seen
[1:03:44] in this country before
[1:03:45] no country has ever seen
[1:03:47] the kind of numbers
[1:03:48] you're going to see
[1:03:49] now we have some of the people
[1:03:51] in this room
[1:03:51] I look at them
[1:03:52] some of the geniuses
[1:03:53] that are building those plants
[1:03:54] you know
[1:03:55] a plant used to cost
[1:03:56] if you built a shopping center
[1:03:58] it would cost
[1:03:58] 50 million is a nice center
[1:04:00] but 500 million is a giant
[1:04:02] beautiful center
[1:04:02] these people are investing
[1:04:04] you're going to have to look
[1:04:05] in 50 billion dollars
[1:04:06] on a building
[1:04:08] for AI
[1:04:09] 50 billion
[1:04:10] it's
[1:04:11] I say how big is it
[1:04:12] well it goes
[1:04:13] three miles by five miles
[1:04:15] let you drive
[1:04:16] three miles
[1:04:16] five miles
[1:04:17] but it means jobs
[1:04:19] and it's got tremendous
[1:04:20] potential for
[1:04:21] a lot of things
[1:04:22] but when you talk about growth
[1:04:24] no country will see
[1:04:26] and you'll start to see
[1:04:27] that very soon
[1:04:27] no country will see the growth
[1:04:29] that we're going to experience
[1:04:31] and that we're already experiencing
[1:04:33] but that we're going to experience
[1:04:35] and one of the things
[1:04:35] that you see early on
[1:04:36] is we have the highest number
[1:04:38] of construction jobs
[1:04:39] we've ever had
[1:04:40] and that's because they're building
[1:04:41] all of these plants
[1:04:42] the auto plants
[1:04:43] all of these plants are being built
[1:04:45] including medical
[1:04:46] medical is pouring back in
[1:04:48] Eli Lilly and so many of the
[1:04:51] they're building six major plants
[1:04:53] they're going to make
[1:04:53] almost all of their medicines
[1:04:56] here we learned during COVID
[1:04:57] and it's not good to be held hostage
[1:05:01] by foreign countries
[1:05:02] we're building all of these plants here
[1:05:04] Lilly, Pfizer, all of them
[1:05:06] they're all building tens of billions
[1:05:09] of dollars worth of medical plants
[1:05:11] we're going to have almost all of our medicines
[1:05:12] made in our country
[1:05:14] which is a really good thing to have
[1:05:16] during four years of Biden
[1:05:17] our country secured less than one trillion dollars
[1:05:20] think of that though
[1:05:21] and we're doing 18 trillion dollars
[1:05:23] and everyone's talking about that
[1:05:26] because nobody's ever seen anything like it
[1:05:28] in a short time ago
[1:05:29] and I say this often
[1:05:31] the king of Saudi Arabia said to me
[1:05:32] two years ago
[1:05:33] he said I was over there
[1:05:35] and by the way
[1:05:36] they invested two trillion dollars
[1:05:37] but I was over talking to him
[1:05:40] getting them to invest a lot of money
[1:05:41] in our country
[1:05:42] and he said
[1:05:42] you know president
[1:05:43] two years ago
[1:05:44] you were a dead country
[1:05:46] and today you're the hottest country
[1:05:48] anywhere in the world
[1:05:49] we're the hottest country
[1:05:50] anywhere in the world
[1:05:51] and we're going to need guidance
[1:05:52] and you're going to give us that guidance
[1:05:54] but all of the things that we've done
[1:05:57] numbers that are tripled
[1:05:58] and quadrupled
[1:05:59] and we do need
[1:06:01] we need a really steady hand
[1:06:03] and probably maybe
[1:06:04] in many ways
[1:06:05] the most
[1:06:06] I don't know
[1:06:07] I have two great justices
[1:06:08] of the supreme court here
[1:06:10] so I have to say
[1:06:10] I don't know
[1:06:11] which is more important
[1:06:12] being a justice of the supreme court
[1:06:14] or your job
[1:06:15] I'm not sure about that
[1:06:16] I'm not sure
[1:06:17] I think I'd rather be a justice
[1:06:19] between you and I
[1:06:20] it might be easier
[1:06:24] you're going to find out
[1:06:25] you'll be saying
[1:06:26] that's a very easy job
[1:06:28] with the support
[1:06:31] and strong and wise chairmanship
[1:06:33] at the federal reserve
[1:06:35] so important
[1:06:36] America's future
[1:06:37] will truly be
[1:06:38] unlimited with Kevin
[1:06:40] with Kevin at the helm
[1:06:41] and he's off to an incredible start
[1:06:44] with his family
[1:06:45] with his education
[1:06:46] with his background
[1:06:47] with all of the things he's done
[1:06:49] he's respected by everybody
[1:06:50] so important
[1:06:51] is to have that level of respect
[1:06:53] where you can walk into a room
[1:06:54] and people will listen to you
[1:06:56] as opposed to walking into a room
[1:06:57] and not having that kind of persona
[1:07:01] he has a persona like nobody else
[1:07:03] so I just want to say
[1:07:05] congratulations Chairman Walsh
[1:07:06] you are really a special person
[1:07:09] in getting this job
[1:07:10] the people that wanted this job
[1:07:13] the most highly trained
[1:07:14] highly educated
[1:07:15] some of the greatest credentials
[1:07:17] I've ever seen
[1:07:18] and as far as I'm concerned
[1:07:19] nobody was even close
[1:07:21] and I just want to congratulate you
[1:07:22] and I'd like to ask
[1:07:24] if I might Jane
[1:07:25] to step forward
[1:07:25] and our very highly respected
[1:07:28] Justice Clarence Thomas
[1:07:30] to come up
[1:07:31] and swear in
[1:07:33] give him a good oath
[1:07:34] if you would care
[1:07:34] because we
[1:07:35] Clarence
[1:07:36] we need a really good oath
[1:07:38] delivered here
[1:07:39] okay
[1:07:40] thank you very much
[1:07:41] thank you
[1:07:42] I Kevin Walsh
[1:07:50] you solemnly swear
[1:07:51] that I will support
[1:07:52] and defend the Constitution
[1:07:54] of the United States
[1:07:56] that I will support
[1:07:57] and defend the Constitution
[1:07:58] of the United States
[1:07:59] against all enemies
[1:08:01] foreign and domestic
[1:08:02] against all enemies
[1:08:04] foreign and domestic
[1:08:05] that I will bear
[1:08:06] true faith
[1:08:07] and allegiance
[1:08:08] to the same
[1:08:09] That I will bear true faith and allegiance to the saint.
[1:08:12] That I take this obligation freely.
[1:08:15] That I take this obligation freely.
[1:08:17] Without any mental reservation or purpose of evasion.
[1:08:22] Without any mental reservation or purpose of evasion.
[1:08:26] And that I will well and faithfully discharge.
[1:08:30] And that I will well and faithfully discharge.
[1:08:33] The duties of the office on which I'm about to enter.
[1:08:37] The duties on the office upon which I'm about to enter.
[1:08:40] So help me God.
[1:08:42] So help me God.
[1:09:32] Thank you Mr. President.
[1:09:37] This is above and beyond.
[1:09:40] It is such an honor for Jane and me to have this ceremony here in the East Room with you sir.
[1:09:46] I couldn't ask for a more beautiful setting or a more gracious welcome.
[1:09:51] And I am grateful.
[1:09:53] I recognize as the President said that ours is a time of great consequence.
[1:09:57] It's also a great honor for me to have the oath of office administered by one of the great and longest serving public servants.
[1:10:05] A brilliant and independent thinker.
[1:10:09] A man dedicated to our Constitution.
[1:10:12] And no less important.
[1:10:14] A joyful and collegial presence on our highest court.
[1:10:18] My esteemed friend Justice Clarence Thomas.
[1:10:21] Now Justice Kavanaugh is here as well.
[1:10:36] We served as young staffers a full generation ago in this building.
[1:10:40] And I shouldn't be speaking for another justice.
[1:10:44] But I will tell you something that I always felt.
[1:10:47] That Justice Kavanaugh and I felt the majesty of this place where we're now sitting.
[1:10:52] And we counted ourselves blessed and grateful to serve the nation we love and to do it in your building sir.
[1:10:58] And of course I must thank Leader Thune, Chairman Tim Scott, and his fellow members of the Banking Committee who saw me through the Senate confirmation.
[1:11:11] My whole family and I are joined by many others here today who I'm honored to call friends and colleagues, mentors, confidants.
[1:11:20] Their presence means a lot to me.
[1:11:22] And I think it means a lot to the President too.
[1:11:24] It's the honor of a lifetime to be called back into public service.
[1:11:30] And with this oath I've accepted a high and solemn responsibility.
[1:11:36] At the swearing of Alan Greenspan at this very place in 1987, President Ronald Reagan called the chairmanship of the Federal Reserve a quote, great role in American life.
[1:11:49] I've known five of my predecessors in this job, some of them quite well.
[1:11:53] But Chairman Greenspan was the first to tell me and show me what this role demands.
[1:12:02] He recently marked his 100th birthday.
[1:12:05] And although he can't be here, I'm thinking about him today too.
[1:12:10] Like Alan, I intend to fill the role of chairman with energy and purpose.
[1:12:17] Just the way Chairman Greenspan did.
[1:12:20] Faithful to the mission and the very best traditions of the Fed.
[1:12:24] As you demonstrate, Mr. President, every day, energy and purpose are how big obstacles are overcome.
[1:12:34] Your greatest ambitions are for America, for what free people can achieve when they have the chance.
[1:12:42] And while I'm not naive about the challenges we face, I believe, Mr. President, these years can bring unmatched prosperity
[1:12:50] that will raise living standards for Americans from all walks of life.
[1:12:55] And the Fed has something to do with it.
[1:12:58] Our mandate at the Fed is to promote price stability and maximum employment.
[1:13:05] When we pursue those aims with wisdom and clarity, independence and resolve, inflation can be lower, growth stronger,
[1:13:16] real take-home pay higher, and America can be more prosperous.
[1:13:21] And no less important, America's place in the world more secure.
[1:13:25] To fulfill this mission, I will lead a reform-oriented Federal Reserve, learning from past successes and mistakes both,
[1:13:35] escaping static frameworks and models, and upholding clear standards of integrity and performance.
[1:13:43] Today marks a return to an institution that I do, in fact, cherish.
[1:13:47] It was nearly a generation ago, at another time of great consequence, that I worked with some outstanding public servants at the Fed,
[1:13:57] both here in Washington and at the Reserve Banks.
[1:14:00] My goal now is to create an environment in which the best people can do their life's best work,
[1:14:06] and to face every challenge in the spirit of common purpose and devotion to the national interest,
[1:14:14] in a word, to excellence.
[1:14:17] These duties are now mine, Mr. President, because of the trust you have placed in me.
[1:14:23] I accept them with gratitude, and will strive every day to serve our fellow citizens well.
[1:14:29] And in final, I'll just say I'm going to look around and try to hold on to this special moment.
[1:14:36] But after we leave this stage, the real work begins.
[1:14:39] So let's begin that work.
[1:14:41] It's an honor.
[1:14:42] Thank you again, Mr. President.
[1:14:43] The President of the United States, of course, participating in this event there,
[1:16:00] with the swearing-in ceremony for the new Chairman of the Federal Reserve, Kevin Warsh,
[1:16:04] again from the East Room of the White House.
[1:16:07] At 2 o'clock today, we'll have our live coverage starting,
[1:16:10] as well as this is an RSBN doubleheader today on this Friday, May 22nd,
[1:16:15] because the Commander-in-Chief is now going to be on his way to Joint Base Andrews
[1:16:20] to hop on Air Force One to fly to New York, specifically Rockland County.
[1:16:26] He'll be delivering a speech there at 3 o'clock Eastern time.
[1:16:30] So if you join us at 2, we have a lot of live interviews in store,
[1:16:33] and we'll be looking at some of the 24-7 news cycle as well.
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[1:17:11] Also, specifically, we could give you that address as well.
[1:17:14] We have an address for you for those that like to send a check,
[1:17:17] which a number of people still do, at one of our P.O. Boxes.
[1:17:21] It's 1550 Opelika Road.
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[1:17:32] If you want to hear that again, just scrub back a little bit.
[1:17:34] You can replay a little bit what I just said.
[1:17:36] But that's the address for you.
[1:17:38] Thanks so much for watching.
[1:17:39] We'll see you at 2 o'clock.
[1:17:40] I'm Matthew Alvarez.
[1:17:41] We'll see you in a bit.
[1:17:42] We'll see you in a bit.
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