1 00:00:00,160 --> 00:00:02,400 Speaker 1: Joining us now for reaction to that and much more 2 00:00:02,440 --> 00:00:05,240 Speaker 1: employes to say, is the former Vice President of the 3 00:00:05,320 --> 00:00:08,239 Speaker 1: United States, Mike Pence. Vice President Pence, thank you so 4 00:00:08,360 --> 00:00:09,560 Speaker 1: much for being here. 5 00:00:09,840 --> 00:00:10,960 Speaker 2: Thank you both for having me on. 6 00:00:11,520 --> 00:00:13,440 Speaker 1: I want to start with one of these top stories 7 00:00:13,440 --> 00:00:15,160 Speaker 1: that we're following today, which has to do with the 8 00:00:15,160 --> 00:00:18,880 Speaker 1: pressure campaign from the White House when it comes to 9 00:00:18,960 --> 00:00:22,239 Speaker 1: the Federal Reserve. And now you told Bloomberg Television last 10 00:00:22,239 --> 00:00:24,040 Speaker 1: month that the President ought to be able to express 11 00:00:24,079 --> 00:00:25,880 Speaker 1: himself when it comes. 12 00:00:25,680 --> 00:00:26,479 Speaker 2: To the FED. 13 00:00:26,520 --> 00:00:28,600 Speaker 1: But I want to get your thoughts on these latest 14 00:00:28,640 --> 00:00:32,360 Speaker 1: allegations against FED Governor Lisa Cook. What's your level of 15 00:00:32,440 --> 00:00:35,400 Speaker 1: concern now with that all when it comes to central 16 00:00:35,440 --> 00:00:39,479 Speaker 1: bank independence as we see the scrutiny Widen Well, certainly. 17 00:00:39,120 --> 00:00:42,680 Speaker 3: I think it'd be appropriate for Lisa Cook to respond 18 00:00:43,200 --> 00:00:44,880 Speaker 3: to the allegations that have been made. I know the 19 00:00:44,920 --> 00:00:48,879 Speaker 3: President's called on her to resign, but she has a 20 00:00:48,960 --> 00:00:50,360 Speaker 3: right to defend herself. 21 00:00:50,400 --> 00:00:50,600 Speaker 1: I do. 22 00:00:51,479 --> 00:00:52,600 Speaker 2: I did read today that. 23 00:00:54,920 --> 00:00:57,560 Speaker 3: Federal Home Loan has found more than twenty two thousand 24 00:00:57,640 --> 00:01:02,440 Speaker 3: Americans that have filed mortgages, aims, and two residences at 25 00:01:02,440 --> 00:01:05,679 Speaker 3: the same time, and so I think she should answer 26 00:01:05,680 --> 00:01:07,720 Speaker 3: for that. Have a chance to answer for it. But 27 00:01:07,760 --> 00:01:12,000 Speaker 3: what I hope is that the effort to push out 28 00:01:12,280 --> 00:01:15,000 Speaker 3: another member of the Federal Reserve isn't just simply part 29 00:01:15,040 --> 00:01:18,840 Speaker 3: and parcel of an effort to get Jerome Powell, who 30 00:01:18,920 --> 00:01:23,920 Speaker 3: our administration appointed as a Federal Reserve chair to to 31 00:01:24,040 --> 00:01:27,399 Speaker 3: lower interest rates or otherwise take action that that would 32 00:01:27,400 --> 00:01:32,600 Speaker 3: not otherwise be justified. I understand the President's frustration with 33 00:01:32,720 --> 00:01:34,480 Speaker 3: Chairman Powell, and he's. 34 00:01:34,440 --> 00:01:35,920 Speaker 2: Entitled to speak out about that. 35 00:01:36,000 --> 00:01:39,920 Speaker 3: But my hope is that these latest allegations are not 36 00:01:39,959 --> 00:01:45,160 Speaker 3: simply part of that overall pressure campaign and can be 37 00:01:45,319 --> 00:01:48,520 Speaker 3: given and afforded the due process that they deserve. 38 00:01:49,160 --> 00:01:52,200 Speaker 4: Mister Vice President, we'd like to turn to another topic 39 00:01:52,240 --> 00:01:55,320 Speaker 4: we've been covering very closely this week, of course, that 40 00:01:55,560 --> 00:01:58,400 Speaker 4: is the question of the President's effort to end the 41 00:01:58,440 --> 00:02:02,480 Speaker 4: war in Ukraine through a settlement between Voladimir Zelenski, the 42 00:02:02,520 --> 00:02:05,440 Speaker 4: president of Ukraine, and his Russian counterpart. 43 00:02:05,720 --> 00:02:07,600 Speaker 2: You have met Vladimir. 44 00:02:07,040 --> 00:02:10,600 Speaker 4: Putin before, do you believe that President Trump is perhaps 45 00:02:10,639 --> 00:02:13,240 Speaker 4: putting too much trust in the Russian leader and his 46 00:02:13,360 --> 00:02:14,480 Speaker 4: willingness to end the war. 47 00:02:14,760 --> 00:02:19,560 Speaker 3: Well, I haven't met Vladimir Putin, and it's clear to 48 00:02:19,639 --> 00:02:25,120 Speaker 3: me that Putin doesn't want peace. Putin wants Ukraine. And 49 00:02:25,520 --> 00:02:31,160 Speaker 3: I commend President Trump for continuing to pursue peace in 50 00:02:31,320 --> 00:02:36,320 Speaker 3: Ukraine today he is quite frankly surrounded by a lot 51 00:02:36,360 --> 00:02:39,720 Speaker 3: of isolationist voices in and outside the administration that frankly 52 00:02:39,760 --> 00:02:43,480 Speaker 3: would have cut Ukraine off a long time ago. And 53 00:02:43,560 --> 00:02:46,639 Speaker 3: so I'm grateful to President has stayed after it. I'm 54 00:02:46,639 --> 00:02:50,639 Speaker 3: grateful that he renewed military support, and I commend him 55 00:02:50,639 --> 00:02:53,720 Speaker 3: for meeting with President Putin and meeting with President Zelenski 56 00:02:53,760 --> 00:02:56,280 Speaker 3: and our European allies. But Michael, I think one thing 57 00:02:56,360 --> 00:03:00,880 Speaker 3: is missing, and that is I believe the time has 58 00:03:00,960 --> 00:03:04,960 Speaker 3: come for the United States Senate to enact those strong 59 00:03:05,240 --> 00:03:09,640 Speaker 3: secondary sanctions against Russia and send them to the President's desk. 60 00:03:10,160 --> 00:03:13,959 Speaker 3: I believe that would strengthen the president's hand. With a 61 00:03:14,000 --> 00:03:17,760 Speaker 3: waiver authority are that are built into those sanctions, the 62 00:03:17,800 --> 00:03:19,400 Speaker 3: President could implement them or. 63 00:03:19,320 --> 00:03:21,079 Speaker 2: Not implement as he saw fit. 64 00:03:22,280 --> 00:03:26,360 Speaker 3: But my deep conviction, having studied Vladimir Putin and having 65 00:03:26,360 --> 00:03:28,840 Speaker 3: spoken to him and told him things he didn't want 66 00:03:28,840 --> 00:03:32,959 Speaker 3: to hear, Putin's not going to stop until he stopped. 67 00:03:33,440 --> 00:03:36,880 Speaker 3: So while the President continues, on one hand, on a 68 00:03:37,000 --> 00:03:41,240 Speaker 3: vigorous track of diplomacy. I think the time has come 69 00:03:41,280 --> 00:03:43,760 Speaker 3: for the US Senate to put on the President's desk 70 00:03:44,240 --> 00:03:46,920 Speaker 3: those strong secondary sanctions that will make it clear to 71 00:03:46,960 --> 00:03:51,960 Speaker 3: Vladimir Putin and to the Russians that unless they choose 72 00:03:52,000 --> 00:03:55,480 Speaker 3: the pathway of peace through diplomacy, we will continue to 73 00:03:55,520 --> 00:03:58,160 Speaker 3: provide military support and we will pass the kind of 74 00:03:58,200 --> 00:04:01,080 Speaker 3: secondary sanctions that will literally break their economy. 75 00:04:01,160 --> 00:04:01,760 Speaker 2: What about so. 76 00:04:01,760 --> 00:04:05,000 Speaker 1: Called secondary tariffs against China? Would you be in favor 77 00:04:05,040 --> 00:04:08,600 Speaker 1: of the administration moving towards that against Beijing, like we've 78 00:04:08,600 --> 00:04:11,440 Speaker 1: seen them take against India, even if some of the 79 00:04:11,560 --> 00:04:13,880 Speaker 1: argument has been that they haven't done that yet because 80 00:04:13,880 --> 00:04:16,040 Speaker 1: they don't want to risk the trade talks that are 81 00:04:16,040 --> 00:04:17,279 Speaker 1: happening right now with China. 82 00:04:17,360 --> 00:04:20,760 Speaker 3: Well, I have to tell you that the secondary sanctions 83 00:04:21,400 --> 00:04:25,000 Speaker 3: against China and other countries that are essentially fueling the 84 00:04:25,080 --> 00:04:29,560 Speaker 3: Russian war machine, sanctions that five hundred percent would have 85 00:04:29,560 --> 00:04:32,640 Speaker 3: a devastating effect on the Russian economy. 86 00:04:32,720 --> 00:04:33,480 Speaker 2: Now, I have. 87 00:04:33,680 --> 00:04:38,120 Speaker 3: Plenty of reasons to support strong tariffs against China. During 88 00:04:38,160 --> 00:04:41,839 Speaker 3: our administration, we changed the national consensus on China. We 89 00:04:41,880 --> 00:04:44,280 Speaker 3: imposed two hundred and fifty billion dollars in tariffs, and 90 00:04:44,360 --> 00:04:47,680 Speaker 3: we brought China to the negotiating table for that Phase 91 00:04:47,720 --> 00:04:51,880 Speaker 3: one trade deal in twenty twenty. So I think we 92 00:04:51,920 --> 00:04:54,800 Speaker 3: have to be really strong on China after years of 93 00:04:54,880 --> 00:04:58,159 Speaker 3: trade abuses. But otherwise, I believe we ought to be 94 00:04:58,160 --> 00:05:00,640 Speaker 3: pursuing free trade with free nations. We ought not to 95 00:05:00,680 --> 00:05:04,359 Speaker 3: be We ought not to be cheering on one hundred 96 00:05:04,360 --> 00:05:07,640 Speaker 3: and fifty billion dollars in tariff for revenue that's ultimately 97 00:05:07,680 --> 00:05:11,760 Speaker 3: paid by American consumers and American businesses. But rather we 98 00:05:11,800 --> 00:05:14,719 Speaker 3: ought to be looking to lower tariffs with free nations 99 00:05:14,720 --> 00:05:17,480 Speaker 3: around the world. Even while we stand firm with places 100 00:05:17,520 --> 00:05:18,719 Speaker 3: like China. 101 00:05:18,640 --> 00:05:20,240 Speaker 1: We do want to get to trade. But I have 102 00:05:20,320 --> 00:05:22,599 Speaker 1: one other for you when it comes to Russia, because 103 00:05:22,680 --> 00:05:24,840 Speaker 1: a large part of the discussion this week has been 104 00:05:24,960 --> 00:05:28,200 Speaker 1: around security guarantees. But we've had reporting here at Bloomberg 105 00:05:28,240 --> 00:05:31,560 Speaker 1: News that there are doubts growing about what those guarantees 106 00:05:31,600 --> 00:05:33,960 Speaker 1: can look like because Russia wants to have a say 107 00:05:34,279 --> 00:05:37,400 Speaker 1: in what those guarantees are going to be. What is 108 00:05:37,480 --> 00:05:40,440 Speaker 1: feasible in your view? What can the US push for 109 00:05:40,600 --> 00:05:45,039 Speaker 1: here when it comes to guaranteeing Ukraine's future, particularly when 110 00:05:45,160 --> 00:05:47,880 Speaker 1: we know that this will likely be led first by Europe, 111 00:05:47,920 --> 00:05:49,960 Speaker 1: but then with the United States backing. 112 00:05:50,279 --> 00:05:54,560 Speaker 3: Well, the President's taken NATO membership off the table, which 113 00:05:54,880 --> 00:05:58,680 Speaker 3: he's entitled to do. But I don't know why the 114 00:05:58,800 --> 00:06:03,760 Speaker 3: United States has given the Russians veto authority over who 115 00:06:03,839 --> 00:06:08,120 Speaker 3: joins NATO. That's our security alliance. But be that as 116 00:06:08,120 --> 00:06:13,479 Speaker 3: it may, I think the security commitments that we should 117 00:06:13,520 --> 00:06:17,080 Speaker 3: make should reflect NATO. They should be in a sense 118 00:06:18,839 --> 00:06:22,520 Speaker 3: like Article five, where the United States provides whatever's appropriate, 119 00:06:22,600 --> 00:06:26,560 Speaker 3: not boots on the ground, but the kind of strategic 120 00:06:26,640 --> 00:06:31,760 Speaker 3: support that's necessary to ensure that once Vladimir Putin has 121 00:06:31,839 --> 00:06:34,560 Speaker 3: stopped that he doesn't go forward at all. 122 00:06:34,960 --> 00:06:35,760 Speaker 2: If I can come back. 123 00:06:35,960 --> 00:06:39,159 Speaker 3: The reason I'm so confident and so adamant about the 124 00:06:39,160 --> 00:06:42,560 Speaker 3: Senate needing to move these secondary sanctions is because it 125 00:06:42,640 --> 00:06:51,440 Speaker 3: was back in twenty nineteen that President Airdawan sent the 126 00:06:51,480 --> 00:06:56,760 Speaker 3: tanks across the border into Syria. They were raging down 127 00:06:56,880 --> 00:07:01,400 Speaker 3: on top of our Kurdish allies, and President Trump put 128 00:07:01,400 --> 00:07:03,200 Speaker 3: me on a plane on Air Force two and sent 129 00:07:03,320 --> 00:07:06,599 Speaker 3: me to Turkey to negotiate a ceasefire. And what I 130 00:07:06,600 --> 00:07:10,040 Speaker 3: would tell you and your viewers is in that negotiation 131 00:07:10,120 --> 00:07:14,080 Speaker 3: with President Airdiwan, what was persuasive to him was the 132 00:07:14,120 --> 00:07:17,520 Speaker 3: fact that President Trump had given me a series of 133 00:07:17,600 --> 00:07:21,320 Speaker 3: sanctions that would be imposed on members of Air Dewan's 134 00:07:21,360 --> 00:07:25,760 Speaker 3: government unless he agreed to a ceasefire to allow us 135 00:07:25,800 --> 00:07:29,760 Speaker 3: to evacuate our allies from the border region. As you remember, 136 00:07:29,800 --> 00:07:34,120 Speaker 3: we secured that ceasefire, our Kurdish allies were able to 137 00:07:34,160 --> 00:07:38,000 Speaker 3: evacuate safely. And that's why I really do believe that 138 00:07:38,080 --> 00:07:41,680 Speaker 3: it would strengthen President Trump's hand if when the Senate 139 00:07:41,720 --> 00:07:44,280 Speaker 3: comes back, one of their first acts would be to 140 00:07:44,360 --> 00:07:48,360 Speaker 3: send those those secondary sanctions, that tough bill to the 141 00:07:48,360 --> 00:07:51,600 Speaker 3: President's desk, let him sign it, implement it at his 142 00:07:51,760 --> 00:07:54,840 Speaker 3: choosing with the waiver authority. But I really do believe 143 00:07:54,840 --> 00:07:56,360 Speaker 3: that at the end of the day, we've got to 144 00:07:56,440 --> 00:08:00,160 Speaker 3: we've got to have that hand reach out in diplomacy 145 00:08:00,800 --> 00:08:04,640 Speaker 3: and negotiations, but the other hand, reminding, reminding Vladimir Putin 146 00:08:04,680 --> 00:08:07,840 Speaker 3: and the Russians that there will be severe consequences, as 147 00:08:07,880 --> 00:08:11,120 Speaker 3: the President said, there would be if the path of 148 00:08:11,200 --> 00:08:12,239 Speaker 3: diplomacy fails. 149 00:08:12,600 --> 00:08:14,800 Speaker 4: It's the Vice president we wanted to move on to 150 00:08:15,960 --> 00:08:20,360 Speaker 4: domestic politics and those questions, and that includes redistricting. It's 151 00:08:20,400 --> 00:08:22,760 Speaker 4: been a big topic this week, of course, with what's 152 00:08:22,760 --> 00:08:26,920 Speaker 4: happening in Texas and California. As a former Indiana governor, 153 00:08:27,320 --> 00:08:30,040 Speaker 4: we do support that happening in the Hoosier State and 154 00:08:30,080 --> 00:08:32,920 Speaker 4: what will be the long term implications of this wave 155 00:08:33,000 --> 00:08:34,679 Speaker 4: to redrun congressional maps. 156 00:08:35,200 --> 00:08:38,040 Speaker 3: Well, Michael, as a former Indiana governor, I'll support with 157 00:08:38,120 --> 00:08:42,400 Speaker 3: the current Indiana governor decides as appropriate with our General Assembly. 158 00:08:42,800 --> 00:08:46,240 Speaker 3: You know, the Constitution gives the states the authority to 159 00:08:46,320 --> 00:08:49,400 Speaker 3: set the time, place, and manner of elections, and I 160 00:08:49,480 --> 00:08:57,680 Speaker 3: respect that. I also understand the frustration that the President 161 00:08:57,720 --> 00:08:59,960 Speaker 3: and many Republicans have fell. I mean there were state 162 00:09:00,040 --> 00:09:01,760 Speaker 3: it's the President and I have the two times we 163 00:09:01,880 --> 00:09:05,360 Speaker 3: ran together one thirty five forty percent of the vote, 164 00:09:05,520 --> 00:09:09,840 Speaker 3: and yet the congressional delegation from that state is more 165 00:09:09,920 --> 00:09:12,880 Speaker 3: like twenty percent or less. Some states where we enjoyed 166 00:09:12,880 --> 00:09:15,880 Speaker 3: thirty five percent support, there are no Republicans in Congress. 167 00:09:16,480 --> 00:09:18,600 Speaker 3: You know, there's an old saying that that way you sow, 168 00:09:18,640 --> 00:09:23,120 Speaker 3: you reap, and the heavy handedness of many Democrat legislatures 169 00:09:23,120 --> 00:09:26,720 Speaker 3: and governors over the years is set into motion this pathway. 170 00:09:26,760 --> 00:09:30,079 Speaker 3: So I'm going to let people Indiana and other legislatures 171 00:09:30,840 --> 00:09:33,040 Speaker 3: make those decisions, but at the end of the day, 172 00:09:33,040 --> 00:09:34,280 Speaker 3: it'll be the American people that. 173 00:09:34,280 --> 00:09:38,120 Speaker 1: Decide no matter what happens. When it comes to twenty 174 00:09:38,240 --> 00:09:41,000 Speaker 1: twenty six, twenty twenty eight, we know the economy is 175 00:09:41,040 --> 00:09:44,040 Speaker 1: going to remain a top issue for American voters. And 176 00:09:44,200 --> 00:09:47,240 Speaker 1: this week US swybean farmers said that they were near 177 00:09:47,320 --> 00:09:51,840 Speaker 1: a quote trade in financial precipice and cannot survive a 178 00:09:51,880 --> 00:09:55,320 Speaker 1: prolonged trade war, particularly when it comes to China. I've 179 00:09:55,400 --> 00:09:58,880 Speaker 1: learned that Indiana is the top five soybean producing state. 180 00:09:58,920 --> 00:10:01,560 Speaker 1: Are you concerned about farmers and do you think that 181 00:10:01,600 --> 00:10:05,080 Speaker 1: this administration is planning enough ahead to protect US farmers. 182 00:10:05,440 --> 00:10:10,080 Speaker 3: I believe also to believe that trade meets jobs. In 183 00:10:10,160 --> 00:10:13,040 Speaker 3: our administration, whether it was in negotiations with Canada and 184 00:10:13,120 --> 00:10:16,880 Speaker 3: Mexico or in that the strong stand we took with 185 00:10:17,040 --> 00:10:20,480 Speaker 3: China imposing teriffs, it was always a battle about about 186 00:10:20,559 --> 00:10:26,600 Speaker 3: lowering trade barriers and ending subsidies and ending trade abuses. 187 00:10:27,920 --> 00:10:29,960 Speaker 2: My concern about I think it's a concern. 188 00:10:29,679 --> 00:10:32,280 Speaker 3: Of many farmers in Indiana and all across the heartland, 189 00:10:32,520 --> 00:10:36,600 Speaker 3: is that what's emerging from this administration are broad based, 190 00:10:36,760 --> 00:10:40,720 Speaker 3: unilateral tariffs that are being imposed on friend and foe alike. 191 00:10:40,800 --> 00:10:45,720 Speaker 3: And that's that's that's not leverage, that's industrial policy. Uh 192 00:10:45,840 --> 00:10:50,000 Speaker 3: and and I believe you know that history shows and 193 00:10:50,000 --> 00:10:54,359 Speaker 3: and even somebody that knows a little bit about economics 194 00:10:54,360 --> 00:10:59,040 Speaker 3: knows that American companies and American consumers pay American tariffs. 195 00:10:59,360 --> 00:11:02,079 Speaker 2: I mean, some of the countries around the world. 196 00:11:02,000 --> 00:11:06,280 Speaker 3: That export to US will take a small reduction of 197 00:11:06,320 --> 00:11:10,000 Speaker 3: their price, but in the main, Americans pay that cost. 198 00:11:10,240 --> 00:11:15,040 Speaker 3: And it's particularly meaningful for farmers who understand that when 199 00:11:15,080 --> 00:11:19,200 Speaker 3: there's terriffs that are imposed on imported agricultural goods here, 200 00:11:19,280 --> 00:11:24,280 Speaker 3: they always result in retaliation by those markets around the world. 201 00:11:24,360 --> 00:11:29,280 Speaker 3: So again, my belief has always been that free trade 202 00:11:29,280 --> 00:11:32,480 Speaker 3: with free nations. Let's stand strong on trade abusers like 203 00:11:32,559 --> 00:11:37,280 Speaker 3: China around the world, but let's look to lower terraffs, 204 00:11:37,320 --> 00:11:39,599 Speaker 3: lower non terraf barriers. 205 00:11:39,520 --> 00:11:41,800 Speaker 2: And that way we'll win in the city and on 206 00:11:41,840 --> 00:11:42,240 Speaker 2: the farm. 207 00:11:42,559 --> 00:11:45,240 Speaker 4: It's a Vice President. You brought up industrial policy, and 208 00:11:45,280 --> 00:11:48,040 Speaker 4: we wanted to ask you about some headlines that we 209 00:11:48,120 --> 00:11:50,720 Speaker 4: have seen and broken here at Bloomberg News at Bounce 210 00:11:50,720 --> 00:11:54,240 Speaker 4: some industrial policy moves. This includes the possibility that the 211 00:11:54,320 --> 00:11:56,520 Speaker 4: US government may take a stake of up to ten 212 00:11:56,600 --> 00:12:00,280 Speaker 4: percent in Intel Corp. The iconic American chip maker, as 213 00:12:00,320 --> 00:12:03,679 Speaker 4: well as take a fifteen percent cut of sales of 214 00:12:03,840 --> 00:12:07,800 Speaker 4: Nvidia AI chips to China. Were those kinds of ideas 215 00:12:07,880 --> 00:12:10,400 Speaker 4: on the table during your time in the first administration? 216 00:12:10,679 --> 00:12:13,080 Speaker 4: And do you think these things are a good idea 217 00:12:13,240 --> 00:12:14,160 Speaker 4: or a good strategy. 218 00:12:15,720 --> 00:12:20,120 Speaker 3: This was not a strategy that we employed during the 219 00:12:20,120 --> 00:12:25,040 Speaker 3: Trump Pens years. And I have great concerns about having 220 00:12:25,920 --> 00:12:30,320 Speaker 3: the US government take a position with a Golden Chairs 221 00:12:30,360 --> 00:12:36,720 Speaker 3: and Nippon Steel, or just the latest discussions about taking 222 00:12:36,720 --> 00:12:40,720 Speaker 3: a percent of Intel. Now the Navidia agreement is even 223 00:12:40,960 --> 00:12:45,080 Speaker 3: more problematic. I mean, we have export controls in place 224 00:12:45,120 --> 00:12:49,280 Speaker 3: to protect our national security. The limitations on the ability 225 00:12:49,280 --> 00:12:56,320 Speaker 3: of Navidia to sell to chips to China was on 226 00:12:56,360 --> 00:13:00,360 Speaker 3: the basis of our national security. Simply taking fifteen percent 227 00:13:00,400 --> 00:13:03,640 Speaker 3: of those sales doesn't serve our national interests or our 228 00:13:03,720 --> 00:13:06,840 Speaker 3: national security, I would argue, And so I think we 229 00:13:06,920 --> 00:13:09,640 Speaker 3: need to take a step back on all of this. 230 00:13:09,760 --> 00:13:14,520 Speaker 3: I'd encourage the administration, and if I was speaking to 231 00:13:14,559 --> 00:13:17,640 Speaker 3: the President, I'd encourage him to It's time for us 232 00:13:17,679 --> 00:13:19,360 Speaker 3: to think twice state. 233 00:13:19,720 --> 00:13:22,880 Speaker 2: Owned enterprise is not the American way. 234 00:13:23,040 --> 00:13:27,880 Speaker 3: Free enterprise is the American way, and a refereed private 235 00:13:27,920 --> 00:13:31,800 Speaker 3: sector with less taxes and less regulation has created the 236 00:13:31,800 --> 00:13:34,200 Speaker 3: most prosperous economy in the history of the world. And 237 00:13:34,240 --> 00:13:37,760 Speaker 3: if we stay on that path, that'll always be true. 238 00:13:38,080 --> 00:13:41,200 Speaker 1: My ser Vice President, the last minute that we have 239 00:13:41,360 --> 00:13:43,240 Speaker 1: with you, we do want to ask you about news 240 00:13:43,280 --> 00:13:46,480 Speaker 1: of day. I would love your thoughts about President Trump's 241 00:13:46,480 --> 00:13:50,120 Speaker 1: decision to call in the National Guard to Washington, d C. 242 00:13:50,520 --> 00:13:52,120 Speaker 2: Do you think that this was the right move. 243 00:13:52,360 --> 00:13:57,840 Speaker 3: I strongly support the President's decision to use his authority 244 00:13:57,920 --> 00:14:02,880 Speaker 3: under the constitutionnsting with the Home Rule Act to really 245 00:14:04,640 --> 00:14:07,000 Speaker 3: bring safety back to the streets of Washington, d C. 246 00:14:07,120 --> 00:14:10,680 Speaker 3: I know there's a lot of debate about statistics, but 247 00:14:11,440 --> 00:14:14,520 Speaker 3: you know, honestly, if Washington, d C. Was a state 248 00:14:14,520 --> 00:14:17,360 Speaker 3: to have the highest homicide rate in the country, I mean, 249 00:14:17,800 --> 00:14:23,640 Speaker 3: sixteen hundred violent crimes this year alone in a city 250 00:14:23,720 --> 00:14:26,800 Speaker 3: this size is just astounding. And I think I think 251 00:14:26,840 --> 00:14:29,920 Speaker 3: the residents of this city and people around the country 252 00:14:29,960 --> 00:14:34,080 Speaker 3: appreciate the President taking the steps that he's taken to 253 00:14:34,120 --> 00:14:37,520 Speaker 3: create safety on the streets of our nation's capital. And 254 00:14:36,920 --> 00:14:41,720 Speaker 3: I fully support efforts by the President to provide resources 255 00:14:41,760 --> 00:14:45,440 Speaker 3: for states and local communities to make every city in 256 00:14:45,520 --> 00:14:47,040 Speaker 3: every town in America safe. 257 00:14:47,840 --> 00:14:50,280 Speaker 4: Former Vice President Mike Pence, thank you.