Transcript

Trump LOSES IT in AM as ADMIN FALLS into PERJURY TRAP!!!

From MeidasTouch · Episode page · Watch on YouTube

· 16 min · 2,561 words · 28 timestamped sections

This is the full, timestamped transcript of "Trump LOSES IT in AM as ADMIN FALLS into PERJURY TRAP!!!", an episode of MeidasTouch published February 4, 2026 (16 min, about 2,561 words). It mentions 15 people, works and ideas, including Donald Trump, Treasury Secretary Scott Bessant, Epstein file, Midas Touch Network, Sean Bannon.

What this episode is about

The content discusses Donald Trump's escalating troubles, highlighted by Treasury Secretary Scott Bessant being caught in a perjury scandal regarding his previous statements on tariffs. Additionally, it examines alarming economic indicators, such as plummeting consumer confidence, significant layoffs at major media outlets, and dire warnings from agricultural leaders about potential industry collapse.

Key takeaways

  • When perjury meets politics, the truth becomes an endangered species—Scott Bessant's letter proves it.
  • The Washington Post’s layoffs are a grim reminder that even titans can crumble under economic pressure—watch your headlines.
  • Tariffs: intended to resurrect manufacturing but instead pushing inflation into overdrive, proving that intentions don’t equal impact.
  • Consumer confidence at a historic low reveals that America’s economic optimism isn’t just a rumor—it’s officially on life support.
  • While Trump calls for a new chapter on the Epstein scandal, the pages are still sizzling with compromising connections.

Who speaks in this episode?

What is discussed, and when

  1. – 3:00: Donald Trump, Jeff Bezos, Treasury Secretary Scott Bessant, New York Times
  2. – 6:00: Epstein file, Donald Trump, Sean Bannon, Midas Touch Network
  3. – 9:00: Treasury Secretary Scott Bessant, New York Times, Keysquare Capital Management LLC
  4. – 12:00: Treasury Secretary Scott Bessant, Miracle Made Sheets, Donald Trump
  5. – 15:00: Donald Trump, Treasury Secretary Scott Bessant

Notable quotes from "Trump LOSES IT in AM as ADMIN FALLS into PERJURY TRAP!!!"

  • Besson to Capitol Hill to lie about the economy, to lie about tariffs. And moments ago, Treasury Secretary Scott Bessant was caught committing perjury.
    about Treasury Secretary Scott Bessant · at
  • Sports department, Middle East department is all being absolutely gutted by Jeff Bezos who gave $70 million to the failing Melania movie and has destroyed the Washington Post.…
    about Jeff Bezos · at
  • Consumer confidence falls to its weakest level in more than a decade. Actually, the University of Michigan consumer confidence reports show the worst consumer confidence in…
    about University of Michigan · at
  • Explanation or shred of evidence. And here at the Midas Touch Network, the moment Donald Trump started saying, I did this trillion dollar deal and that trillion dollar deal, we said, Okay, well then show us the documents.
    about Midas Touch Network · at
  • Center of this cabal with Epstein. And again, I'm not saying that to be hyperbolic. I've done deep dive emails where I go through the 38,000 references to Donald Trump on 5,000…
    about Epstein file · at
  • Posting photos of Bannon on his social media platform. Well, Bannon said this morning that Donald Trump will use ICE in order to surround the polls and I guess block people…
    about Donald Trump · at
  • That he never said in a letter that tariffs are inflationary. I'm going to play this clip in a moment, but here's the letter that he sent from his private equity company, Keysquare Capital Management LLC when he was running it.
    about Keysquare Capital Management LLC · at
  • Miracle Made sheets feel just as good, if not better, than sheets you'd find at a five-star hotel, but without the steep price tag. Smooth, breathable, and ridiculously comfortable. Thanks to.
    about Miracle Made Sheets · at

Who and what is mentioned in this episode?

People

  • Donald Trump — Person · Primary referenced political figure · 9 mentions · first at
    Central subject of criticism: blamed for tariffs, economic conditions, alleged market manipulation, and ties to Epstein-related allegations.
  • Treasury Secretary Scott Bessant — Person · Referenced government official in hearing · 6 mentions · first at
    Portrayed as Trump's Treasury Secretary who allegedly lied to Congress about whether he previously said tariffs are inflationary; the episode centers on his testimony and a cited investor letter.
  • Sean Bannon — Person · Referenced political/media figure · 3 mentions · first at
    Cited as appearing throughout Epstein-related communications (as alleged) and for a clip claiming ICE will 'surround the polls,' presented as an alarming election-related statement.
    We're going to have ICE surround the polls come November. We're not going to sit here and allow you to steal the country again. And you can th you can whine and cry and throw your toys out of.
  • Jeff Bezos — Person · Referenced business figure / media owner · 2 mentions · first at
    Mentioned as the person allegedly gutting The Washington Post via layoffs and as having funded a 'Melania movie' (as claimed by the speaker), used to support a broader critique of Trump-aligned elites.
  • Vladimir Putin — Person · Referenced foreign leader (in alleged Epstein-file context) · 1 mention · first at
    Mentioned as part of alleged Epstein-related communications about meetings with world leaders, used to frame a broader influence-operation narrative.
    Minister Ahood, former Prime Minister Ahoud Barack of Israel talking about influencing foreign governments and influence operations, the communications about meetings with…

Companies & orgs

  • Midas Touch Network — Company · Business focus · 1 mention · first at
    The podcast is part of the Midas Touch Network, which focuses on providing data and information to inform citizens.
  • University of Michigan — Company · Referenced institution · 1 mention · first at
    Mentioned in the context of consumer confidence reports showing the worst levels in decades.
  • Keysquare Capital Management LLC — Company · Referenced company · 1 mention · first at
    Mentioned in the context of a letter sent by Scott Bessant regarding tariffs and inflation.

Concepts & topics

  • Epstein file — Concept · Core topic · 4 mentions · first at
    Central to the discussion about the connections between Donald Trump, Bannon, and Epstein, highlighting alleged influence operations and child sex trafficking.

Places & events

  • Great Recession — Event · Historical reference · 1 mention · first at
    Mentioned as a comparison point for the current state of consumer confidence.
    Confidence reports show the worst consumer confidence in many, many decades. Really, it's never been this bad since the Great Recession or the Great Depression. it's it's that…
  • Great Depression — Event · Historical reference · 1 mention · first at
    Mentioned as a comparison point for the current state of consumer confidence.
    Confidence reports show the worst consumer confidence in many, many decades. Really, it's never been this bad since the Great Recession or the Great Depression. it's it's that…

Media & podcasts

  • New York Times — Media · Referenced media · 2 mentions · first at
    Cited as a source for grim headlines about the US economy and agriculture.
    Jeff Bezos and Donald Trump. But take a look at some of these dark headlines from the New York Times. Former farming leaders warned that US agriculture could face widespread…
  • Wall Street Journal — Media · Referenced media · 1 mention · first at
    Cited as a source for headlines about US manufacturing and tariffs.
    Can see that I want to give you a holistic view right here from the Wall Street Journal. US manufacturing is in retreat and Trump's tariffs aren't helping. Levies on imports…
  • Financial Times — Media · Referenced media · 1 mention · first at
    Cited as a source for headlines about food and drink companies suffering due to low consumer sentiment.
    Bipartisan basis issued a dire warning to members of Congress. Or how about this from the Financial Times. Food and drink companies suffer as US shopper sentiment sinks. groups…

Sponsors

  • Miracle Made Sheets — Product · Sponsor · 2 mentions · first at
    Promoted as a sponsor of the podcast, offering temperature-regulating sheets inspired by NASA technology.

Full transcript with timestamps

Donald Trump is having a terrible mourning. Some devastating headlines. So he sent his Treasury Secretary Scott Besson to Capitol Hill to lie about the economy, to lie about tariffs. And moments ago, Treasury Secretary Scott Bessant was caught committing perjury. He was asked a question about whether he when he was running a private equity company, if he said tariffs were inflationary, he said, "Oh, I never sent a letter like that." Well, we actually have the letter where he literally says that tariffs are inflationary. So, he was just caught lying to Congress, which I think should carry with it serious implications. We'll go over that in just a moment as well. But look at some of these grim headlines from various media outlets, and it should be noted as well.

The Washington Post today announced massive layoffs. It's going to be cutting about onethird of its staff. sports department, Middle East department is all being absolutely gutted by Jeff Bezos who gave $70 million to the failing Melania movie and has destroyed the Washington Post. So, just we can add that to the Kennedy Center and all the other things that Donald Trump is destroying. Great job, Jeff Bezos and Donald Trump. But take a look at some of these dark headlines from the New York Times. Former farming leaders warned that US agriculture could face widespread collapse. A group of past government officials and former heads of farming associations on a bipartisan basis issued a dire warning to members of Congress. Or how about this from the Financial Times. Food and drink companies suffer as US shopper sentiment sinks. groups report soft sales and plans to cut prices as consumer confidence falls to its weakest

level in more than a decade. Actually, the University of Michigan consumer confidence reports show the worst consumer confidence in many, many decades. Really, it's never been this bad since the Great Recession or the Great Depression. I mean, it's it's that bad. US manufacturing in retreat. This is from the Wall Street Journal. I I'm giving you a variety of headlines from different uh media outlets with different ideological bents just so you can see that I want to give you a holistic view right here from the Wall Street Journal. US manufacturing is in retreat and Trump's tariffs aren't helping. Levies on imports were supposed to bring back a golden age of US manufacturing. They haven't worked so far. We all knew tariffs weren't going to do that. Tariffs are inflationary.

They are a tax on American companies that are passed on to consumers. Or how about this from the KO at Liberty organization. This totally imaginary $18 trillion political talking point of Donald Trump continues to be repeated endlessly in the hope that nobody in the public or press would ever be brave enough to rudely ask for some explanation or shred of evidence. And you know, here at the Midas Touch Network, the moment Donald Trump started saying, "I did this trillion dollar deal and that trillion dollar deal," we said, "Okay, well then show us the documents."

Because what I do every morning here on the Midas Judge Network and throughout the day is I go through the documents. I go through the footnotes. I go through the charts. I go through the graphs. And people say, "Well, Ben, doesn't your audience find that boring?" No. That's what we want. We don't need to see a split screen of people who don't know what they're talking about. shouting and yelling at each other. We want the data and information so we could be informed citizens and understand what the hell is happening. That's also why the Epstein files is absolutely so devastating for this regime since they are in the center of the cabal and Donald Trump is at the center of this cabal with Epstein. And again, I'm not saying that to be hyperbolic. I've done deep dive emails where I go through the 38,000 references to Donald Trump on 5,000 documents and it's only been a partial release of the

Epstein files. There's still 3 million more files that have not been produced, which could be 25 to 50 million pages. We've showed you the references and the communications that were taking place between Bannon and Epstein and their communications about Trump and toppling governments. We showed you the communications with Epstein and Prime Minister Ahood, former Prime Minister Ahoud Barack of Israel talking about influencing uh foreign governments and influence operations, the communications about meetings with Vladimir Putin, meetings with former prime minister of Norway, meetings with the royal family in the United Arab Emirates, and all these connections and links are here right now. I mean, this right-wing oligarchy that's behind the scenes pulling the strings while engaging in child sex trafficking in the Epstein files and these people, many of them are still around and they're screwing your

lives and they're making things very difficult and psychologically torturing people. That's what's actually going on right now. So, when Donald Trump says it's time to turn the piece, this is what he keeps on repeating. He said it again. It's time we turn the page on the Epstein scandal. No, as Governor Hokll says of New York, it won't matter. His name is on the next page, too. So, let me show you this because Bannon's name was all over the Epstein files. He was in like daily text message communications with Epstein about Trump, about everything going on. And then even knowing that, Donald Trump's been posting photos of Bannon on on his social media platform. Well, Bannon said this morning that Donald Trump will use ICE in order to surround the polls and I guess block people from voting. This is what Bannon posted this morning. This is not getting attention really anywhere else. This is what he said on his own

podcast this morning. Yeah, I think this should be front page news here. Play this clip right here. You're damn right. We're going to have ICE surround the polls come November. We're not going to sit here and allow you to steal the country again. And you can th you can whine and cry and throw your toys out of the pram all you want, but we will never again allow an election to be stolen. Now, as I said, I want to bring you into that hearing where Treasury Secretary Scott Bessant committed perjury moments ago. Watch as Congresswoman Waters was cross-examining Bessant, and he said that he never said in a letter that tariffs are inflationary. I'm going to play this clip in a moment, but here's the letter that he sent from his private equity company, Keysquare Capital Management LLC when he was running it.

January 31st, 2024. Dear partners, we begin 2024 with a set of three high conviction ideas that are based on what the Keysquare investment team perceives as anomalies, erroneous conventional wisdom, or various perceptions on our part. Go on. Another differentiated view that we have is that Trump will pursue a weak dollar policy rather than implementing tariffs. Tariffs are inflationary and would strengthen the dollar. Hardly a good starting point for a US industrial renaissance. Weakening the dollar early in a second administration would make US manufacturing competitive. A weak dollar, plentiful cheap energy could power a boom. The current Wall Street consensus is for a strong dollar based on the tariffs. We strongly disagree a strong dollar should emerge by the end of his term if the US reshoring efforts is successful. Well, I showed you all the headlines that manufacturing is in a recession right now. That letter is

signed. Scott Bessant and the Key Square team. Okay, that's what I mean. I show you the data. Here is what Besson said at the hearing. play this clip

details about this, but did you write a letter to investors raising concerns about the impact of tariffs, writing that quote, "Tariffs are inflationary." Did Did you say that at that time? Yes or no?

Uh, no. Okay. Thank you. Okay. Uh, we have a New York Times article that, you know, New York Times. Then last summer when you testified before a Senate committee, you said, and I quote, "There is no inflation. Tariffs are not being passed on to consumers. You are quite you were quite definitive and even claimed that critics had quote tariff derangement syndrome." Well, uh, those comments are at odds with the statement you made to investors that tariffs are inflationary. Again, I want to be clear, so just let me ask you, are tariffs inflationary? Yes or no?

According to the San Francisco Federal Reserve, with 150 years of data, tariffs, yes or no,

tariffs do not cause inflation. San Francisco Federal Reserve. Well, last November, as the Trump administration finally began to realize that affordability issues in

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Code midas at checkout. Thanks to Miraclemade for sponsoring this episode. That's why these guys lie about everything. The way Howard Lutnik said Epstein, I've never spoken to him ever since 2005. And then he's all over the files speaking to Epstein. I don't know about you, but I'm just sick and tired of these people who just lie to us all of the time when we're just trying to live our freaking lives. That's what to me it's about. And that's not a Democrat, Republican, or independent issue. That's just a can we be normal issue. Speaking of which, you have uh Congress member Green uh Democratic Congress member Green cross-examining Bessant about do you think that it's okay? Do you have any concerns that Donald Trump tells people to buy his DJT stock to inflate it and manipulate the market? Like you're the Treasury Secretary. Does that bother you? Here, play this clip. I ask you kindly and as

one professional to another, Mr. Treasury Secretary, do you think that this should be investigated? the president's stock being linked to his truth social message and that stock having gone up by some $415 million in a single day. In a single day and this is a stock that was doing very poorly uh prior to that hadn't done had a lot of success. Uh do you think that this should be investigated? Uh, no sir. Kindly explain to me why we would not investigate the president making such an announcement as it relates to his stock and then reaping some $415 billion million dollars as a potential capital.

Well, all all Americans benefited from the rebound in the markets that day. And in fact, the rebound in the markets after that was the fastest in market history.

Yes. And then instead of answering questions from Democratic House members, Bessant has like a list of notes from the White House as Aaron Ruper writes and he just starts attacking attacking attacking uh the whoever's asking the question play this clip

to know whether you will commit today to pause and heighten and the scrutiny of any bank charter or licensing application at the OC connected to the world liberty financial until all of these conflicts of interest and floren influence reviews are completed and shared with the United States Congress. All I need to know is will you halt it

and do a complete investigation and scrutiny of this licensing uh uh application?

Uh all you have to ask is yes or no. Uh, no. Congressman, the you have to ask the OC is an independent entity and I would No Congressman I take that as a note. You traveled to Venezuela. I take that as a on your do not want to answer that question.

I take that as a note for a 7 billion. I'm asking you to do your responsibility as secretary of the treasury. You do not expire you can.

Should also be noted that Republican Senator Tom Tillis of North Carolina had the following to say on CNBC this morning. Play this clip.

Just wanted to ask you what your reaction is to the to the reaction of the the president by your comments. Not I don't think necessarily just in this particular case, but he called you a loser uh recently uh because of some of the comments that you made about Christine Gnome and also Steven Miller.

Yeah, I said that obviously qualifies me to be the Homeland Security Secretary and senior adviser to the president. Look, these are the people who are losing. Stephen Miller is the one who went down the uh the rabbit hole of Greenland before he went down the rabbit hole of plusing up resources in Minneap Minneapolis and creating a horrible situation there. Christine has failed both in terms of her ICE role and in terms of her response to Helen in um in North Carolina. I mean they're behind by about a year and a half. There's no comparison between Christine Gnome in this administration and President Trump's first administration which was extraordinary. So, you want to use that kind of language? Uh, you know, I'm I'm fine if that if that qualifies me for two at least two senior positions for the president because I consider them losers, then we'll move on. Otherwise, we could act like adults, use adult

language, and get things done. And then Donald Trump is posting away about ballrooms and golden arches or whatever the hell he's talking about. But that's what's happening this morning. We'll keep you posted every step of the way. Hit subscribe and thanks for watching. You want to stay plugged in? Become a subscriber to our Substack at midasplus.com. You'll get daily recaps from Ron Philipski, ad free episodes of our podcast, and more exclusive content only available at midasplus.com.

Questions about this episode

Who speaks in "Trump LOSES IT in AM as ADMIN FALLS into PERJURY TRAP!!!"?

Ben Meiselas (Host), Scott Bessant (Guest), Congresswoman Maxine Waters (Guest), Steve Bannon, Tom Tillis (Guest).

What is "Trump LOSES IT in AM as ADMIN FALLS into PERJURY TRAP!!!" about?

The content discusses Donald Trump's escalating troubles, highlighted by Treasury Secretary Scott Bessant being caught in a perjury scandal regarding his previous statements on tariffs. Additionally, it examines alarming economic indicators, such as plummeting consumer confidence, significant layoffs at major media outlets, and dire warnings from agricultural leaders about potential industry…

What is mentioned in this MeidasTouch episode?

15 people, works and ideas are mentioned, including Donald Trump, Treasury Secretary Scott Bessant, Epstein file, Midas Touch Network, Sean Bannon, Jeff Bezos. Each one on this page links to its own page with every episode that mentions it.

How long is "Trump LOSES IT in AM as ADMIN FALLS into PERJURY TRAP!!!"?

The episode runs 16 min; the transcript is about 2,561 words in 28 timestamped sections.

More from MeidasTouch

About this transcript: the episode's spoken words as captioned on YouTube, split into timestamped sections. Reclip.Me locates every person, work and idea in the text, keeps the time it is first named, and quotes the words around it verbatim. Last updated February 5, 2026.