On this 'Face the Nation' broadcast, House Intelligence Committee chair Rep. MIke Turner and Microsoft co-founder Bill Gates join Margaret Brennan.
On this 'Face the Nation' broadcast, moderated by Margaret Brennan: House Intelligence Committee chair Rep. Mike Turner, Republican of OhioMaryland Gov. Wes Moore, a Democrat Neel Kashkari, Minneapolis Federal Reserve president Microsoft founder Bill GatesClick here to browse full transcripts of 'Face the Nation.'
We will ask the head of the House Intelligence Committee, Mike Turner, about that plot and the urgent warnings by top officials that a terror attack could happen on U.S. soil. Good morning, Margaret. Well, Margaret, as you know, there – there are those who are vetted and – and in the vetting process. They – there is no evidence the United States currently has that they're actively engaged in terrorist plotting or engaged with terrorist groups, organizations.
The – the – the testimony that you just played of Director Wray was a result of the Intelligence Committees, including mine – Director Wray was testifying before my committee and said exactly the same thing publicly of the threat.
Well, being concerned, obviously, about that issue, and being the chairman, I contacted the I.C. to see whether or not there was an issue that, you know, in due diligence from our committee, that we needed to – to resolve or address. They indicated that there was not an – a – an ongoing or continuing issue or even a current issue that we needed to address.
Well, he has – he has apologized. And, certainly, those are – are the types of words that you would not want from somebody who's joining a committee that is obviously very dedicated to national security and very dedicated to working in a bipartisan way.
There certainly was a broad range of individuals who – who sought these seats. I believe he – I believe he will. And – and, certainly, the – of the members who are strongly supporting Ukraine… Thank you. Well, the benefit has already begun. And – and I'm so inspired by the work that this state pulled off. I mean, we showed that, in Maryland, we do big things, because, that morning, I know people were saying this could take six, nine months up to a year to clear the federal channel. And what many people said was going to take 11 months, we got it done in 11 weeks. And it's because we worked together.
I have been incredibly encouraged by the amount of support that we have received from both Democrats and Republicans. And I do feel confident we are going to get this done. The president did take executive action recently to try to shut down the border through cutting off asylum claims, in effect. I know the ACLU just filed a lawsuit to try to stop him. Do you agree with the president's decision?
Mm-hmm. Compared to one year ago, consumer prices were up 3.3 percent last month, still too high for the Federal Reserve and its 2 percent goal. The Fed left its benchmark interest rate intact last week. She's right. Food prices, up 1 percent over the last year, have surged about 20 percent since 2021. And people vent frustration with housing prices. Too few homes are for sale and mortgage rates hover around 7 percent.
Inflation has come down really significantly, and we're doing everything we can. We're confident that we will get there. It's certainly possible. The job market has performed much better than I had expected. I thought, when we raised rates so quickly and so aggressively, that we'd be tapping the brakes harder on the job market. That hasn't yet happened. When I talk to businesses all around my region they're still hiring, by and large. And they're still having to compete to find workers, but it's not the overheated job market that we saw a year or two ago.
Two communities were rocked by mass shootings this weekend.Yesterday afternoon, police say a man randomly fired shots at a city park in Rochester Hills, Michigan, near Detroit. Nine people were injured, including two children under the age of 10. The gunman then hid in a nearby home, where police say he likely died of a self-inflicted gunshot wound.
The White House has this council of economic advisers and put out a report saying that, 'greater availability right now of dock workers and truck drivers accounted for 86 percent of the reduction of inflation since 2022.'How much is the supply of workers affecting prices? And is this a sign that this high degree of immigration is really impacting inflation too?
I wonder your thoughts on what Treasury Secretary Yellen has talked about with her plan to have the largest economies in the G-7 give a loan to Ukraine using the interest from the accounts that Russia has overseas. $280 billion worth of frozen assets. She's not touching those assets but taking the interest. Do you have any concerns about that in terms of the impact on the banking system?
Well, Margaret, let me put vetting in context. I was responsible for screening and vetting policy at DHS. Every individual encountered at our borders is vetted. What that means is, individual's identities are run against certain datasets or watch lists of terrorism related and other derogatory information. However, the vetting is only as good as the underlying content in those watch lists.
And you raise an important point there that we have, just to connect for people, we no longer have a presence in Afghanistan and the intelligence capabilities we once did when there was a military presence on the ground. So those surrounding countries that we're talking about, whether it's Tajikistan or Uzbekistan, those are the places you're talking about
You had the State Department and - explain that the U.S. and Turkey were sanctioning three individuals who had ties to Well, just to clarify, the president isn't trying to shut down asylum at the border. He is trying to restrict asylum between individuals' ability to claim asylum between ports of entry, which is slightly different. The president, under section 212-F of the Immigration Nationality Act does have the authority to restrict entry of certain non- citizens under specific circumstances. Mr.
Thanks. Well, we - We can start four or five in parallel. The final, final approval from the regulatory commission is out there in 2030. And so that then gives you the green light to turn the others on. But you can start the construction. The demand for electricity in the United States, for the first time in a long time, is going to go up quite a bit. It's electric cars, buses. Some people use electric heat pumps in their homes.
Well, nuclear - you know, the - this - after heat - a problem when you shut a rector down it still has heat. That's why Chernobyl was a problem, and - and Fukushima. Our design, that goes away because since we use this sodium to cool everything, it can absorb all that heat. Yes, so the U.S. Congress recently passed a bill that we supported that says none of the fuel will come out of Russia, and so the U.S. won't be a customer of that any longer.
Yes. So, the U.S. is very lucky that between the U.S. and Canada there's quite a bit of uranium. Even in Wyoming and specifically there are good uranium mines there. Well, all mining, you know, is subject to - in the case of the U.S., a lot of environmental review to make sure that, you know, as you're pulling stuff out, as the tailings or where are you putting those and how do those get used. So, you know, I feel very comfortable that the U.S. is going to make sure that - that there's no environmental concerns about U.S. and Canadian mining.
Yes, some nuclear - nuclear really is special. Yes, I mean, it takes both houses of Congress. And, you know, I think a lot of the provisions in there would be preserved. You know, a lot of projects have started. They're creating jobs. A lot of those jobs are in, you know, red states.
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