Bessent explains Wall Street, the financial press, and Democrats keep being proved wrong—contrasting Canada’s job losses with a blowout U.S. jobs report, calling out FT/WSJ panic, and framing a Red Queen economy that must outrun debt, China, and skills gaps.
Bessent named the IRGC’s trusts in the British Virgin Islands on live TV. Barbara and Susan on two fronts, Carney, and less than 60 days to the midterms.
Today's LIVE show has ended. Check the replay and join us next Tursday. Tuesday’s CENTCOM wave: nearly 60 Hormuz targets, 40 ships, 18 million barrels escorted. Bessent named London’s offshore. Barbara and Susan take your questions.
The Saturday Wrap-Up - Bessent vs Wall Street: They Don't Understand This Economy - September 5, 2026
Bessent explains Wall Street, the financial press, and Democrats keep being proved wrong—contrasting Canada’s job losses with a blowout U.S. jobs report, calling out FT/WSJ panic, and framing a Red Queen economy that must outrun debt, China, and skills gaps.
Treasury Secretary Scott Bessent tells Steve Bannon that critics in Wall Street, the financial press, and Democrats keep being proved wrong, contrasting Canada’s job losses with a strong U.S. jobs report and citing expansions like Boeing’s Charleston Dreamliner facility. He accuses outlets including the Financial Times and The Wall Street Journal of stoking economic panic to stop Trump, pointing to a report about Norway’s sovereign fund “dumping” Treasuries that he calls fake, saying Norway sought higher-yield U.S. agency securities. The episode frames today’s U.S. situation as a “Red Queen economy,” arguing growth and productivity must outrun debt, China’s rivalry, and infrastructure and skills gaps, while blaming prior spending and inflation for current constraints. It highlights workforce plans including apprenticeships and the new Foundry School using a Stanford-developed advanced manufacturing curriculum tied to the PAX Silica supply-chain partnership, and covers Trump executive orders aiding ranchers and a DOJ antitrust probe into major meatpackers and retailers.
00:00 The Saturday Wrap-Up - Bessent vs Wall Street: They Don't Understand This Economy - September 5, 2026 05:30 Creating the Workers for the New Economy 08:54 Taking on the Meat Packing Cartel
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Susan on Bessent naming IRGC accounts in the British Virgin Islands — the real target is the offshore money machine, not just Iran. Syria sanctions lifted, the Mecca Pact, Russia at the G20, and China on Iran.
G20 meets today in Asheville, Barbara frames the showdown: Bessent pushing physical growth to conquer the debt mountain, while Lagarde and von der Leyen plot to "redirect" citizens' savings — "lazy money" — into the Ukraine war and the green transition.
Scott Bessent is following the money behind America’s dark money nonprofit network and confronting a political machine more than a century in the making.
Warsh smashes the Fed’s crystal ball, Bessent warns that pulling the plug could blow up the global financial system, and Trump’s Space Academy ends the Dark Age.