WASHINGTON, DC - APRIL 16: (L-R) Steve Bannon (Host - Steve Bannon’s War Room) and Ben Smith (Co-Founder & Editor-in-Chief - Semafor) speak on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: (L-R) Steve Bannon (Host - Steve Bannon’s War Room) and Ben Smith (Co-Founder & Editor-in-Chief - Semafor) speak on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: (L-R) Steve Bannon (Host - Steve Bannon’s War Room) and Ben Smith (Co-Founder & Editor-in-Chief - Semafor) speak on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: (L-R) Steve Bannon (Host - Steve Bannon’s War Room) and Ben Smith (Co-Founder & Editor-in-Chief - Semafor) speak on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: (L-R) Steve Bannon (Host - Steve Bannon’s War Room) and Ben Smith (Co-Founder & Editor-in-Chief - Semafor) speak on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: Steve Bannon (Host - Steve Bannon’s War Room) speaks on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: Steve Bannon (Host - Steve Bannon’s War Room) speaks on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: Steve Bannon (Host - Steve Bannon’s War Room) speaks on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)