After President Trump carpet bombed the Globalists at Davos, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick flew over to strafe their facilitators, including California’s failed Governor and presidential wannabe Gavin Newsom.
“I think it's very, very ironic that Newsom, who strikes me as Patrick Bateman meets Sparkle Beach Ken, may be the only Californian who knows less about economics than Kamala Harris," said Secretary Bessent.
“He’s here this week with his billionaire sugar daddy, Alex Soros, and Davos is a perfect place for a man who, when everyone else is on lockdown, when he was having people arrested for going to church, he was having $1,000 a night meals at the French Laundry. And I’m sure the California people won’t forget that,” he added.
“I was told he was asked to give a speech on his signature policies, but he’s not speaking. Because what have his economic policies brought? Outward migration from California, a gigantic budget deficit,” Bessent quipped about Newsom.
“The largest homeless population in America, and the poor folks in the Palisades who had their homes burned down,” the Treasury chief continued according to reporting by The Hill. “He is here hobnobbing with the global elite while his California citizens are still homeless.”
“Shame on him. He is too smug, too self-absorbed, and too economically illiterate to know anything,” Secretary Bessent added.
But Bessent’s remarks were not merely one-liners about President Trump’s political rivals.
“The Trump administration is coming to California. We are going to crack down on waste, fraud and abuse," Bessent said. The probe comes following multiple major fraud allegations. Including claims that $24 billion in homelessness funds are missing or lost. Plus, reports of "ghost students" stealing a portion of at least $10 million in federal financial aid from California community colleges.
The Treasury Secretary was also very cool, calm and collected in dealing with the European nervous nellies who have been shaken by President Trump’s tough line on American access to Greenland.
Expressing confidence that the United States and European countries would find a solution over President Trump's aim to take over Greenland, he brushed off "hysteria" about a possible trade war.
Bessent said the issue of renewed American tariffs had only recently emerged and a solution would be found that ensures national security for the United States and Europe.
"It's been 48 hours. As I said, sit back, relax," Reuters reported Bessent told reporters on the sidelines of the World Economic Forum annual meeting in Davos, Switzerland. "I am confident that the leaders will not escalate and that this will work out in a manner that ends up in a very good place for all."
Asked about the prospect of a prolonged trade war between the United States and Europe, Bessent replied: "Why are we jumping there? Why are you taking it to the worst case?... Calm down the hysteria. Take a deep breath."
Bessent was asked how concerned he was by the notion that European investors may start selling U.S. Treasuries in response to the White House’s rhetoric over Greenland. The Treasury secretary responded: “Denmark’s investment in U.S. Treasury bonds, like Denmark itself, is irrelevant.”
“That is less than $100 million. They’ve been selling Treasuries for years, I’m not concerned at all,” he added, per CNBC.
While Bessent was spraying Newsom and the irrelevant Europeans, Commerce Secretary Howard Lutnick also lowered the boom on the Globalist naysayers criticizing President Trump’s economic policies.
Speaking in Davos, on the sidelines of the World Economic Forum, Lutnick said the policies followed by the West for decades on exports, offshoring, and finding the cheapest labor worldwide damaged the domestic industries and workers.
Hosted by BlackRock Chief Executive Larry Fink and attended by more than 100 global leaders, the dinner reportedly became tense as Lutnick mocked European economies for lagging behind the US. Former US Vice President Al Gore was reported to have booed during the remarks, while some guests, including European Central Bank President Christine Lagarde, allegedly walked out.
In his remarks Secretary Lutnick said that globalization has proved to be a failed policy as it has failed the West and the United States. Lutnick further stated that the Trump Administration is very clear that the existing global economic model has left American workers behind.
“The fact is, it has left America behind; it has left the American workers behind,” said Lutnick. “And what we are here to say is that ‘America First’ is a different model…”
“America First is the job of our government: to take care of our workers and make sure their lives are better for it. And then, don't be America alone, right? But be America First,” Lutnick said. “I would suggest that this policy is something for other countries to deeply consider to take care of their own, and then we will work out wonderful relationships between us.”
Lutnick’s comments on the U.S. charting its own course, which took direct aim at the WEF and the spirit of multilateralism it is intended to promote, captured many of the themes this year’s summit has already come to reflect, observed Hugh Cameron in an article for Newsweek.
Lutnick said that the United States' presence at this year’s summit was to make the “very clear point” that globalization “has failed the West and the United States of America.”
George Rasley is editor of Richard Viguerie's ConservativeHQ.com and is a veteran of over 300 political campaigns. A member of American MENSA, he served on the staff of Vice President Dan Quayle, as Director of Policy and Communications for former Congressman Adam Putnam, as spokesman for retired Rep. Mac Thornberry, formerly a member of the House Intelligence Committee and Chairman of the House Armed Services Committee, and as Director of Communications for now-retired Rep. Jeb Hensarling, formerly Chairman of the House Financial Services Committee.
“I think it's very, very ironic that Newsom, who strikes me as Patrick Bateman meets Sparkle Beach Ken, may be the only Californian who knows less about economics than Kamala Harris," said Secretary Bessent.
“He’s here this week with his billionaire sugar daddy, Alex Soros, and Davos is a perfect place for a man who, when everyone else is on lockdown, when he was having people arrested for going to church, he was having $1,000 a night meals at the French Laundry. And I’m sure the California people won’t forget that,” he added.
“I was told he was asked to give a speech on his signature policies, but he’s not speaking. Because what have his economic policies brought? Outward migration from California, a gigantic budget deficit,” Bessent quipped about Newsom.
“The largest homeless population in America, and the poor folks in the Palisades who had their homes burned down,” the Treasury chief continued according to reporting by The Hill. “He is here hobnobbing with the global elite while his California citizens are still homeless.”
“Shame on him. He is too smug, too self-absorbed, and too economically illiterate to know anything,” Secretary Bessent added.
But Bessent’s remarks were not merely one-liners about President Trump’s political rivals.
“The Trump administration is coming to California. We are going to crack down on waste, fraud and abuse," Bessent said. The probe comes following multiple major fraud allegations. Including claims that $24 billion in homelessness funds are missing or lost. Plus, reports of "ghost students" stealing a portion of at least $10 million in federal financial aid from California community colleges.
The Treasury Secretary was also very cool, calm and collected in dealing with the European nervous nellies who have been shaken by President Trump’s tough line on American access to Greenland.
Expressing confidence that the United States and European countries would find a solution over President Trump's aim to take over Greenland, he brushed off "hysteria" about a possible trade war.
Bessent said the issue of renewed American tariffs had only recently emerged and a solution would be found that ensures national security for the United States and Europe.
"It's been 48 hours. As I said, sit back, relax," Reuters reported Bessent told reporters on the sidelines of the World Economic Forum annual meeting in Davos, Switzerland. "I am confident that the leaders will not escalate and that this will work out in a manner that ends up in a very good place for all."
Asked about the prospect of a prolonged trade war between the United States and Europe, Bessent replied: "Why are we jumping there? Why are you taking it to the worst case?... Calm down the hysteria. Take a deep breath."
Bessent was asked how concerned he was by the notion that European investors may start selling U.S. Treasuries in response to the White House’s rhetoric over Greenland. The Treasury secretary responded: “Denmark’s investment in U.S. Treasury bonds, like Denmark itself, is irrelevant.”
“That is less than $100 million. They’ve been selling Treasuries for years, I’m not concerned at all,” he added, per CNBC.
While Bessent was spraying Newsom and the irrelevant Europeans, Commerce Secretary Howard Lutnick also lowered the boom on the Globalist naysayers criticizing President Trump’s economic policies.
Speaking in Davos, on the sidelines of the World Economic Forum, Lutnick said the policies followed by the West for decades on exports, offshoring, and finding the cheapest labor worldwide damaged the domestic industries and workers.
Hosted by BlackRock Chief Executive Larry Fink and attended by more than 100 global leaders, the dinner reportedly became tense as Lutnick mocked European economies for lagging behind the US. Former US Vice President Al Gore was reported to have booed during the remarks, while some guests, including European Central Bank President Christine Lagarde, allegedly walked out.
In his remarks Secretary Lutnick said that globalization has proved to be a failed policy as it has failed the West and the United States. Lutnick further stated that the Trump Administration is very clear that the existing global economic model has left American workers behind.
“The fact is, it has left America behind; it has left the American workers behind,” said Lutnick. “And what we are here to say is that ‘America First’ is a different model…”
“America First is the job of our government: to take care of our workers and make sure their lives are better for it. And then, don't be America alone, right? But be America First,” Lutnick said. “I would suggest that this policy is something for other countries to deeply consider to take care of their own, and then we will work out wonderful relationships between us.”
Lutnick’s comments on the U.S. charting its own course, which took direct aim at the WEF and the spirit of multilateralism it is intended to promote, captured many of the themes this year’s summit has already come to reflect, observed Hugh Cameron in an article for Newsweek.
Lutnick said that the United States' presence at this year’s summit was to make the “very clear point” that globalization “has failed the West and the United States of America.”
George Rasley is editor of Richard Viguerie's ConservativeHQ.com and is a veteran of over 300 political campaigns. A member of American MENSA, he served on the staff of Vice President Dan Quayle, as Director of Policy and Communications for former Congressman Adam Putnam, as spokesman for retired Rep. Mac Thornberry, formerly a member of the House Intelligence Committee and Chairman of the House Armed Services Committee, and as Director of Communications for now-retired Rep. Jeb Hensarling, formerly Chairman of the House Financial Services Committee.
