STEVE BANNON TALKS TO SCOTT BESSENT, US TREASURY SECRETARY
US Secretary of the Treasury, Scott Bessant who deals with tariffs and sanctions besides the monetary situation and the economy, talked with Steve Bannon's War Room, to which he was a regular contributor before he joined the Trump administration a year ago. Bessent commented on a number of issues. Related to the allies in Europe he said that the European leaders had been invited to join US growth policies and become part of the innovation economy, but that they've stuck with overregulation so far. That is of course part and parcel of the European ideology based on Keynes economics of high taxation and regulating initiative to death, the so called 'Rheinland model', a middle path between free market capitalism and socialism. This is why the Chicom model comes so natural to them, which is a combination of state capitalism and fascism.
Jan. 20, 2026 War Room: SCOTT BESSENT: The Europeans Love Regulation And Hence Have Low Growth. Part 2.
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