Click the image above to watch…
First, we have U.S. Treasury Secretary Scott Bessent’s interview with Maria Bartiromo, conducted live at the World Economic Forum in Davos, Switzerland, on January 20, 2026. Here are some highlights…
“The United States of America since 1980 has contributed $22 trillion more dollars or spent $22 trillion more than all other NATO members combined.”
“The Europeans have been spending the money on social welfare, on roads, on education, and it’s time for them to pay more, which they’ve agreed to do.”
He added that thanks to President Trump’s pressure, the NATO alliance is “very safe, sound and… never been more secure,” with many allies now increasing toward (or meeting) the 2% GDP defense spending target.
“The president has a very strong view on Western Hemisphere security and believes that the U.S. should not outsource our national security… Greenland is essential for the Golden Dome missile shield.”
He urged Europe (and others) not to retaliate with tariffs or escalate over this, calling media coverage “hysteria” and advising leaders to “sit back, take a deep breath, and let things play out.” He expressed confidence a solution would protect U.S. interests without conflict.
Bessent warned against retaliatory tariffs from Europe in response to U.S. threats (e.g., potential 25% tariffs tied to Greenland opposition), citing past U.S.-China tit-for-tat trade wars as harmful.
Overall, he positioned Trump’s approach as “America First” but not isolationist — “America First does not mean America alone” — emphasizing fair, balanced trade to drive global prosperity.
Bessent clarified expectations for larger tax refunds under the “Big Beautiful Bill,” potentially up to $1,000 per wage earner for working families.
He described the U.S. as “back” with the strongest economy and military, promoting prosperity and inviting allies to align with Trump’s leadership.
The interview aligns with Trump’s Davos presence and emphasis on challenging global elites.
Then, there’s this excellent smack down by Secretary Lutnick ~
Click the image above to watch…