Saturday 6 August 2022 06:22 PM 'The biggest con they have': Steve Bannon calls to SCRAP the Federal Reserve trends now
Former Trump strategist Steve Bannon demanded the end of the Federal Reserve in a rabble-rousing speech to conservatives on Friday night, saying fat cat bankers had taken too much power
Instead he demanded that control of the bank be handed back to the American people and slammed the way it had freely been printing money through the pandemic.
'We don't need to audit the Fed,' said.
'We need to end the Federal Reserve.
'The Federal Reserve has usurped its power and the power of the American people and our elected representatives.'
He laid down a fiery call to arms at the Conservative Political Action Conference in Dallas, Texas.
Former President Donald Trump will headline the event on Saturday, its final day.
Former White House Trump strategist Steve Bannon called for the scrapping of the Fed in a speech to conservatives on Friday. 'It's the biggest con they have,' he said
The Federal Reserve has aggressively printed money since the pandemic began to try to keep the U.S. economy afloat. 'The greatest export we have is the dollar but all of that rests on the shoulders of our children and grandchildren,' said Bannon
On Friday evening, attendees gathered to dine on short ribs at the Cattleman's dinner.
They were entertained by Seth Dillon, of the satirical website the Babylon Bee, and Bannon, who railed against Biden's election victory and repeated discredited claims that the vote was stolen.
'We're at war. We are at war ... a political and ideological war,' he said
'Think about after high noon on the 20th of January 2021 when an illegitimate imposter took over 1600 Pennsylvania Avenue and took over the administration.'
He is due to be sentenced in October after last month being found guilty of two counts of contempt of Congress for failing to comply with the House January 6 investigation.
But that has not tamed his rhetoric, and he has been broadcasting his War Room podcast from the CPAC conference, attracting a noisy crowd every day.
He turned his populist guns on the central bank in one of the fiercest parts of his speech on Friday.
The Fed has aggressively printed trillions of dollars
