In 2014, three Americans were in Budapest, Hungary organizing an international conference for the white nationalist think tank, the National Policy Institute: the contentious white supremacist and progenitor of the term “alt-right”, Richard Spencer, the refined, cosmopolitan, Ivy League-educated editor of white nationalist publication American Renaissance, Jared Taylor and enigmatic publishing heir, William Regnery II. Among those who were to speak at the event was none other than Alexander Dugin, a rabidly anti-liberal and anti-Western “Eurasianist” with very close ties to Vladimir Putin and Russia’s military and national security apparatus. Richard Spencer’s wife Nina Byzantina, who was also present at the meeting, translates Dugin’s works into English in her spare time.
Hungarian authorities believed the meeting to have been orchestrated by the CIA in an attempt to embarrass Hungary’s newly-elected right-wing government and the three Americans were swiftly intercepted and spirited out of the country.
“The government thought that it was a CIA plot,” a source with inside knowledge of Hungarian counterintelligence said in an interview. “They are completely paranoid, and when this conference was announced, they were convinced that this was an American action,” the source said. “They guessed that US intelligence services set up this conference so they can say Hungary is a home for right-wing extremist activists and then blackmail them in the international media.”
Everyone else scoffed at the idea that these three American stooges were part of a CIA plot. The idea that any of these clueless “white nationalist” oafs is even remotely connected to the CIA is absurd… right?
The Regnery Connection
The National Policy Institute was founded as a “racial realist” and “white nationalist” think tank and lobbying effort in 2005 by William Regnery II, who has used his family money to fund the rapid growth of numerous hard-right white nationalist and “anti-Semitic” groups such as the Martel Society, another think tank founded by Regnery II in 2001 which publishes The Occidental Quarterly and runs the Occidental Observer website. Immediately after founding the Martel Society, Regnery II came out swinging, advocating for a radical reconfiguring of the United States and its internal borders based on racial, religious and cultural lines. At some point, Regnery discovered heedless agitator Richard Spencer, who he fostered an intimate relationship with and in 2011 installed as the frontman and nominal head of the NPI, which established the NPI as the chief staging ground for the blossoming, rabidly pro-Trump “alternative right” movement which is characterized by an authoritarian European-style right-wing populist ideology (in contrast to the North America-exclusive libertarian ideology of say Ron Paul). While Spencer is technically the chairman of the NPI, it is still run behind the scenes by Regnery. Richard Spencer referred to him as the chairman of the organization as recently as 2014, five years after Regnery supposedly stepped down from the position.
Despite this, Regnery (who is known for his extreme secretiveness and reclusiveness) is conspicuously lacking in any kind of publicity – his name is scarcely mentioned at all on the NPI’s website and at NPI conferences, he goes almost entirely unmentioned and very rarely speaks. When he does speak, he is almost never recorded. It appears as though this reticent character handles the colorful frontman Spencer, who speaks to and consults with Regnery almost daily. According to Spencer himself, Regnery has played a “vitally important and indispensable” role in bolstering the alt-right movement and that he “wouldn’t do a big thing without consulting him.” 
So just exactly who is this mysterious alt-right power broker, William Regnery II? A deep dive into his family’s background perhaps validates the Hungarian government’s understanding of Spencer and Regnery’s Central European misadventure as a potential CIA ploy.
Regnery’s family has been deeply connected to the right-wing power structure and intelligence community since the early 20th century. Regnery II’s grandfather and originator of the family’s wealth and political influence was William Henry Regnery, a wealthy Chicago textile manufacturer. William Henry was a founding member of the American Security Council, which throughout the postwar era has sat at the center of the right-wing defense establishment and seeks to influence American foreign policy through the doctrine of “peace through strength.”
Historical membership of the ASC reads like a who’s who of the intelligence and national security establishments – CIA counterintelligence chief James Jesus Angleton, founding CIA member and Iran-Contra orchestrator John Singlaub, neoconservative Reagan-era diplomat Jeane Kirkpatrick, former deputy national security advisor and Nixon Secretary of State Alexander Haig, inventor of the hydrogen bomb and SDI architect Edward Teller, DoD scientist and presidential advisor John S. Foster, Jr., lead Manhattan Project physicist Eugene Wigner, father of the neutron bomb and RAND Corporation think tanker Samuel T. Cohen and dozens of others highly connected to the military, CIA, FBI, corporate America, etc. The ASC’s spin-off think tank, the Center for Security Policy, is similarly connected, featuring former CIA director and supreme neoconservative-Zionist James Woolsey, Dick Cheney, neoconservative former chairman of the Defense Policy Board Richard Perle, former director of the CIA and Secretary of State James Schlesinger and Paul Wolfowitz as members.
Throughout its reign as the cream of defense establishment think tanks, the ASC and its members covertly backed Barry Goldwater and Ronald Reagan, coordinated anti-Communist witch hunts with the FBI, J. Edgar Hoover and Allen Dulles, lobbied for anti-detente foreign policies throughout the ’60s and ’70s, almost single-handedly crafted Reagan’s foreign policy, was highly involved in Iran-Contra and CIA drug running out of Southeast Asia and factored strongly in the design of the Strategic Defense Initiative. 
In 1978 the ASCF created the “National Strategy for Peace through Strength,” and has been cited numerous times with providing the overall foreign affairs theme for the administration of former President Ronald Reagan. President Reagan personally gave the ASCF credit for this on several occasions and said America won the Cold War based upon the ASCF’s “National Strategy for Peace through Strength” doctrine.
After William Henry Regnery died, his son Henry Regnery (Regnery II’s uncle), replaced him at the American Security Council and in powerful conservative political circles, but Henry’s knack was for propaganda, not defense policy. Henry’s publishing company, Regnery Publishing, which for many decades was the most prominent conservative publishing house in the US, was funded by the CIA according to intelligence officer and Watergate mastermind E. Howard Hunt. It was the first major publishing outfit to release writings of the John Birch Society and later went on to publish preeminent conservative figures William Buckley, Russell Kirk, Whittaker Chambers, Ann Coulter, Newt Gingrich, Rush Limbaugh, Donald Trump, Oliver North, Dinesh D’Souza and William Casey among others.
Henry Regnery’s son, Al Regnery (Regnery II’s cousin), became president of Regnery Publishing in the ’80s after a stint in the Reagan Justice Department and in 2003 became editor-in-chief of the elite conservative American Spectator magazine, a position he held until 2012. Al is additionally the chairman of the William F. Buckley-founded Intercollegiate Studies Institute, a Young Republicans-esque college recruitment organization that Regnery II was a member of in his college years. Through the ISI, both Regnerys became good friends with Reagan attorney general and advisor Edwin Meese, who was involved in the SDI, Iran-Contra and the bizarre Inslaw/PROMIS scandal. More recently, Meese founded the Reagan Alumni Advisory Council for Trump-Pence, which is composed of over 200 Reagan administration alumni. Among its ranks are pro-Trump CNN pundit Jeffrey Lord, “mega-lobbyist” Haley Barbour, elite GOP political consultant Ed Rollins, radical Christian Israel-booster Gary Bauer, and former Bush drug czar William Bennett. Meese’s Advisory Council promotes massive tax cuts and a rebirth of the Reagan administration’s “peace through strength” foreign policy.
Who Regnery II’s parents were is unclear, but what is sure is that one of his parents was one of Regnery I’s five children other than Henry and that Regnery II was close to his deep state family judging by the fact that he was chosen to succeed his grandfather in running the family textile empire before it went under in the ’80s.
So, to summarize, Richard Spencer’s closest advisor’s grandfather and uncle were both central members of one of the most entrenched postwar deep state think tanks, with CIA funding ran the paramount conservative publishing house for decades, helped thrust Ronald Reagan into the White House and later were part of the guild which crafted his foreign policy. Regnery II, through Richard Spencer in a 21st century digital fashion aided deep state auxiliary Donald Trump in seizing the Oval Office and has seeded and funded a network of organizations propagating a trendy new populist right-wing ideology as his ancestor’s tired Reaganesque policies and rhetorics grow tired and old.