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On this "Face the Nation" broadcast, moderated by Major Garrett:
- Sen. Ted Cruz, Republican of Texas
- National Security Adviser Jake Sullivan
- Sen. Alex Padilla, Democrat of California
- Jill Schlesinger, CBS News concern analyst
- Historian H.W. Brands
Click here to browse afloat transcripts of "Face the Nation with Margaret Brennan."
MAJOR GARRETT: I'm Major Garrett successful Washington.
And this week connected Face the Nation: President-elect Trump selects a – punctuation – "warrior" to pb the FBI and rattles apical trading partners with threats of tariffs.
The drumbeat continues from Mar-a-Lago, arsenic president-elect Trump announces plans to nominate loyalists who person much than erstwhile lashed retired astatine the agencies they anticipation to lead.
We volition perceive from 2 senators who volition beryllium evaluating these Cabinet picks, Texas Republican Ted Cruz and California Democrat Alex Padilla.
Plus, arsenic Americans footwear disconnected the busiest buying play of the year, it's crunch clip for retailers and a model into the system astatine large. Questions loom implicit the aboriginal of American consumers arsenic the incoming president threatens across-the-board import tariffs. We volition look astatine the interaction with CBS News concern expert Jill Schlesinger.
Then, with conscionable weeks to spell until helium leaves office, President Biden is notching a fewer hard-fought victories overseas, securing the merchandise of Americans wrongfully held successful China and a cease-fire woody betwixt Israel and Hezbollah. Could a woody betwixt Israel and Hamas beryllium next?
We volition speech unfinished concern with White House National Security Adviser Jake Sullivan.
Finally, a speech with writer and historiographer H.W. Brands. His latest book, "America First," examines the statement implicit isolationism successful America up of World War II.
It's each conscionable up connected Face the Nation.
Good morning, everyone. Welcome to Face the Nation.
As we enactment the last touches connected this agelong vacation play and the leftovers that spell with it, the system and borderline loom ample arsenic the federation and satellite expect a 2nd Trump administration. Meanwhile, President Biden tries to unafraid last-minute diplomatic breakthroughs, Congress tackles unfinished business, and retailers slash prices to motorboat the vacation buying play successful this last period of 2024.
But we statesman this greeting with the latest connected the Trump modulation with elder White House analogous Weijia Jiang.
(Begin VT)
WEIJIA JIANG (voice-over): Kash Patel's pending information for FBI manager embodies president-elect Trump's tendency to disrupt national instrumentality enforcement agencies.
KASH PATEL (Former Deputy Assistant to President Trump): I'd unopen down the FBI Hoover gathering connected time 1 and reopening the adjacent time arsenic a depository of the heavy state.
WEIJIA JIANG: Patel roseate to prominence during Trump's archetypal word erstwhile helium helped pb the complaint against the DOJ's probe of Russia meddling successful the 2016 election.
DONALD TRUMP (Former President of the United States (R) and Current U.S. President-Elect): And Kash Patel is here, 1 of our existent warriors.
(CHEERING)
WEIJIA JIANG: The existent FBI director, Christopher Wray, who was appointed by Trump successful 2017, has 3 years near connected a 10-year term. He would person to resign oregon beryllium fired to make an opening.
The FBI says: "Director Wray's absorption remains connected the men and women of the FBI, the radical we bash the enactment with and the radical we bash the enactment for."
Trump besides announced helium has selected son-in-law Jared Kushner's father, Charles Kushner, to service arsenic the adjacent U.S. ambassador to France. Kushner was pardoned by Trump successful 2020 aft serving clip successful situation arsenic portion of a two-year condemnation connected national transgression charges.
As Trump fills his administration, he's besides gathering with satellite leaders.
JUSTIN TRUDEAU (Canadian Prime Minister): It was – it was an fantabulous conversation.
WEIJIA JIANG: Canadian Prime Minister Justin Trudeau had meal with Trump astatine Mar-a-Lago connected Friday, past posted: "I look guardant to the enactment we tin bash unneurotic again."
But Trump's menace to enforce a 25 percent tariff connected Canada and Mexico remains, unless, helium says, the countries instrumentality enactment to halt migrants and drugs from entering the U.S. border.
(End VT)
WEIJIA JIANG: Both North American allies accidental they are preparing retaliatory tariffs connected U.S. exports.
Now Trump has issued a caller menace against a radical of 9 countries, including Brazil, Russia and China. He says, if they effort to shy distant from the U.S. dollar connected planetary trade, helium would enforce a 100 percent tariff connected their goods – Major.
MAJOR GARRETT: Weijia Jiang successful Palm Beach, Florida, convey you.
We crook present to Texas Republican Senator Ted Cruz, who joins america this greeting from Houston.
Senator, it's bully to spot you. Good greeting to you.
Let's prime up this thread connected tariffs. I retrieve covering your statesmanlike run successful 2016, and you were a skeptic of tariffs then. I cognize the authorities astir tariffs person changed. President-elect Trump has done that. But person the economics changed?
SENATOR TED CRUZ (R-Texas): Well, I volition archer you, what hasn't changed is – is the value of leverage.
And I got to say, you look astatine the menace of tariffs against Mexico and Canada instantly has produced action. We've seen the president of Mexico basal up and committedness that she is going to enactment manus successful manus with the president of the United States, President Trump, to unafraid the border.
I volition archer you, representing Texas, we've seen 4 years of an penetration astatine our confederate border. Let maine inquire you, Major, wherefore hasn't Joe Biden done this? Why hasn't Joe Biden really stood up and utilized leverage to unafraid the border?
And the crushed is, Joe Biden and the Democrats wanted this penetration to happen. And I got to say, this is simply a committedness that I judge President Trump is going to present connected and present quickly. We are going to unafraid the border. This is astir utilizing leverage to get Mexico and Canada to cooperate.
And I volition archer you, Major, I deliberation 1 of the precise archetypal bills we're going to instrumentality up successful the Senate, ballot on, and I anticipation pass, is my authorities the Justice for Jocelyn Act that is simply a effect to the horrific rape and execution of Jocelyn Nungaray, 12-year-old miss successful Houston, Texas, killed by convulsive transgression amerciable aliens released by Joe Biden and the Democrats.
This is simply a committedness the president needs to present on, and I deliberation he's going to.
MAJOR GARRETT: So, erstwhile you deliberation astir tariffs and president-elect Trump, you don't instrumentality them earnestly arsenic an economical matter; you instrumentality them earnestly lone arsenic a diplomatic lever?
SENATOR TED CRUZ: Well, look, I deliberation the president was explicit with Mexico and Canada. He said helium volition enforce these tariffs unless they unafraid the border.
It was explicitly leverage. And, by the way, that is the aforesaid mode that President Trump negotiated the remain-in-Mexico agreement. If you remember, during his archetypal term, President Trump threatened tariffs against Mexico. And AMLO, past the president of Mexico, helium was incredibly frightened and concerned. He was frightened of Trump, and helium ended up signing the remain-in- Mexico agreement, which produced the lowest complaint of amerciable migration successful 45 years.
It was incredibly successful. What did Joe Biden the Democrats bash erstwhile they came in? The precise archetypal week successful office, they ripped up that incredibly palmy planetary agreement. I expect we volition erstwhile again participate into remain-in-Mexico.
And we are going to spot – I'm going to marque a prediction close now. We volition spot the numbers plummet of amerciable migration coming into this country, not successful a year, not successful six months, but successful January and February, due to the fact that we volition person a president who volition vigorously enforce the law.
MAJOR GARRETT: On that point. Senator Cruz, you would concede, successful the past 3 oregon 4 months, numbers person gone down already, person they not?
SENATOR TED CRUZ: They person ticked down slightly. We person inactive seen implicit these 4 years the highest complaint of amerciable migration successful our nation's history. Twelve cardinal amerciable immigrants person travel into this country.
And I got to say, successful a authorities similar Texas, you privation to spot the consequences, this past predetermination was an unthinkable landslide for President Trump. He won each 7 of the plaything states. And, successful Texas, President Trump won Hispanic voters successful Texas. I won Hispanic voters successful Texas. I won statewide by a cardinal votes, 9 points.
And South Texas, the Rio Grande Valley, has virtually spent implicit 100 years arsenic a agleam bluish Democrat bastion. This cycle, South Texas flipped Republican. And it is astonishing what having 12 cardinal radical invade your location tin bash to alteration people's voting behavior. I deliberation the president has a mandate to present connected securing the border, and I look guardant to moving manus successful manus with him to present connected that promise.
MAJOR GARRETT: Kash Patel suggested by President Trump arsenic the caller person of the FBI, however enthusiastic are you astir that?
SENATOR TED CRUZ: Listen, I deliberation Kash Patel is simply a precise beardown nominee. I deliberation the full slate of Cabinet nominees President Trump has enactment guardant is precise strong.
I judge each 1 of these Cabinet nominees is going to beryllium confirmed by the Senate. I deliberation Kash Patel is going to beryllium confirmed by the Senate. You look astatine his background, helium has a superior nonrecreational background. He was a prosecutor. He was a nationalist defender. He was a elder quality staffer connected Capitol Hill. He was a elder quality staffer successful the White House. He was the main of unit of the Department of Defense.
He was the lawman manager of nationalist intelligence. And I got to say, each of the weeping and gnashing of teeth, each of the radical pulling their hairsbreadth retired are precisely the radical who are dismayed astir having a existent reformer travel into the FBI and cleanable retired the corrupted partisans who sadly person burrowed into elder vocation positions astatine the FBI.
The FBI and the Department of Justice are 2 institutions incredibly important to the regularisation of instrumentality successful the United States. I revere both. And 1 of the astir tragic consequences of 4 years of Joe Biden and Kamala Harris is, some the DOJ and the FBI person been politicized and weaponized, and I deliberation Kash Patel is simply a precise beardown nominee to instrumentality connected the partisan corruption successful the FBI.
MAJOR GARRETT: As you know, Senator, determination isn't a vacancy astatine the apical of the FBI. What should go of Christopher Wray, appointed by President Trump?
SENATOR TED CRUZ: Well, I deliberation he'll marque a choice. I deliberation either helium volition resign oregon President Trump volition occurrence him. But it's nary concealed to anybody, including Chris Wray, that helium is not going to proceed to service arsenic the caput of the FBI nether Donald Trump.
Listen, if you look astatine James Comey and Chris Wray, determination has ne'er been a play successful our nation's past wherever the FBI has suffered a greater nonaccomplishment of respect, wherever much Americans uncertainty the cardinal integrity of the FBI.
And it's due to the fact that James Comey and Chris Wray presided implicit allowing the FBI to go a partisan cudgel to beryllium utilized to people parents astatine schoolhouse committee meetings, to beryllium utilized to people radical who chose not to instrumentality the COVID vaccine, to beryllium utilized to people President Trump and to people the governmental opponents of Joe Biden and the White House.
It is tragic. That is not what the FBI is for. That is not what the DOJ is for. And I got to say, Pam Bondi and Kash Patel, I think, unneurotic are a precise beardown slate of nominees to spell and reconstruct integrity to some institutions.
MAJOR GARRETT: How bash you spot that up against the prosecutions of Bob Menendez, a congressman, a Democrat from Texas, Hunter Biden? Are those governmental prosecutions arsenic good oregon not?
SENATOR TED CRUZ: Well, archetypal of all, let's beryllium clear. Bob Menendez was – was virtually caught with golden bars and a stack of currency with his fingerprints taking bribes, and it's wherefore Bob Menendez is not my workfellow anymore. At that point, the grounds was overwhelming.
Look, Major, I wrote an full publication entitled "Justice Corrupted: How the Left Has Weaponized the Legal System." And it broke down – it started, sadly, nether Barack Obama, wherever helium began utilizing the national authorities to people his governmental opponents.
The publication details however galore of those partisans past burrowed successful to elder vocation positions during the Trump administration. They waged warfare against President Trump during his archetypal term. And now, nether Joe Biden, they person been unfastened and brazen, and I deliberation it has done unbelievable harm to the integrity of the Department of Justice and the FBI.
I deliberation Merrick Garland volition spell down successful past arsenic the astir partisan lawyer wide our federation has ever seen. And I got to say, I perceive regularly from – from prosecutors, from FBI agents who are profoundly dismayed astir the instauration they person devoted a beingness moving for, because, listen, I don't privation a Republican Department of Justice.
I don't privation a Democrat Department of Justice. I privation a Department of Justice and an FBI that enforces the instrumentality careless of party. And, sadly, we haven't seen that these past 4 years.
MAJOR GARRETT: What tin you archer america astir the 3 Americans released by China who are successful San Antonio? Have you been successful interaction with them? And bash you person immoderate concerns astir the contours of that swap?
SENATOR TED CRUZ: Well, astatine this stage, we don't cognize each of the details of the contours of the swap, but I volition archer you, I americium celebrating the instrumentality of 3 Americans, particularly Mark Swidan.
Mark Swidan is simply a Texan from Houston. His mom, Katherine, is from Luling, Texas. I person talked with Katherine galore times. I authored and passed a solution successful the Senate that passed unanimously calling for Mark Swidan's instrumentality to America. He spent 12 years unjustly imprisoned successful communist China.
I volition archer you, I person raised it straight with the overseas curate of China. I person raised it with President Biden. I person raised it with Secretary of State Tony Blinken.
And I volition springiness them recognition connected this. Tony Blinken, conscionable 2 weeks agone was the astir caller clip I spoke with him astir Mark Swidan, and the medication has pressed the Chinese government. And Mark Swidan is backmost location with his mother, who has prayed for him, who has loved – loved him.
I privation to say, Mark, invited home. Katherine, congratulations. I told you this time would come. This is simply a clip wherever each Texans and each Americans should beryllium celebrating.
MAJOR GARRETT: Very quickly, Senator Cruz, due to the fact that I besides cognize you attraction astir the lawsuit of Austin Tice.
SENATOR TED CRUZ: Yes.
MAJOR GARRETT: Do you person immoderate consciousness that the rebel gains successful Syria of the caller vintage volition person immoderate accidental of unlocking Austin Tice's freedom?
SENATOR TED CRUZ: I don't know. I surely anticipation and pray. Austin Tice needs to travel home. And I anticipation and pray.
Listen, there's a operation of 2 things working. One, arsenic Joe Biden is successful the process of transitioning out, immoderate – immoderate outgoing president is looking to effort to get immoderate last wins. I would promote him and I'm definite helium is doing everything helium tin to bring Austin Tice home, to bring the hostages successful Gaza home, some the Israelis and the Americans, bring them location successful this window.
I besides deliberation President Trump coming into bureau connected January 20, the enemies of America, I think, are acrophobic of President Trump. That is simply a moment. I anticipation we person a infinitesimal close present that is precise overmuch similar the extremity of the Jimmy Carter administration…
MAJOR GARRETT: Yes.
SENATOR TED CRUZ: … close earlier Ronald Reagan came in. And we saw, connected January 20, our hostages successful Iran released, I deliberation successful important portion due to the fact that the ayatollah was acrophobic of Reagan.
MAJOR GARRETT: Yes, sir.
SENATOR TED CRUZ: I anticipation a akin dynamic is playing out. And if we tin spot much hostages travel home, that would beryllium origin for tremendous celebration.
MAJOR GARRETT: Republican Senator Ted Cruz of Texas, convey you. Good morning.
We'll beryllium backmost with Face the Nation successful conscionable 1 moment. Please enactment with us.
(ANNOUNCEMENTS)
MAJOR GARRETT: Welcome backmost to Face the Nation.
We spell present to California Democratic Senator Alex Padilla. He joins america this greeting from Porter Ranch, California.
Senator, bully to spot you.
Let's commencement with Kash Patel. Your absorption to that information oregon that suggested information from president-elect Trump?
SENATOR ALEX PADILLA (D-California): Well, bully morning. Great to beryllium with you.
And, look, the – this announcement that Kash Patel is going to beryllium nominated for a high-ranking presumption astatine the FBI, precise cardinal to the Department of Justice, raises a batch of the aforesaid questions that different announcements and different nominations raise.
Are they going to spell successful determination and bash the occupation of – that the Department of Justice calls for to truly, genuinely beryllium autarkic of the president of the United States, oregon is helium going successful determination to bash Trump's bidding? That's the large question here. Is it a genuine, morganatic assignment oregon a governmental assignment to politicize the bureau and the Department successful Trump's – successful Trump's favor?
That's conscionable the opening of the questions that we expect to rise successful the con – successful the confirmation hearings that volition statesman successful January.
MAJOR GARRETT: Do you expect that the existent FBI director, who has 3 years remaining, volition conscionable person to resign?
SENATOR ALEX PADILLA: Well, that's going to beryllium a idiosyncratic determination for Director Wray who, look, the nationalist should remember, was a Trump appointee to statesman with.
And truthful he's got 3 years left. It's up to him to resign oregon not. Your anterior impermanent suggested that Trump whitethorn precise good occurrence him, which is conscionable par for the course. Anybody who recalls the archetypal Trump medication recalls a full batch of Cabinet officials being named, being confirmed, and being sold arsenic the top happening since sliced bread.
And, arsenic soon arsenic they suffer favour with Trump, arsenic soon arsenic they don't bash 100 percent of what he's demanding, each of a sudden, you know, they're fired, a batch of times by societal media posts. And truthful who knows what Donald Trump is going to determine to do, whether it's with Director Wray, Kash Patel oregon immoderate of his different nominees this coming term.
MAJOR GARRETT: During the archetypal Trump administration, California fashioned itself the absorption state. Some Democrats successful the legislature person already begun to picture that arsenic a cliche and accidental they don't adjacent cognize what that means anymore.
What does it mean?
SENATOR ALEX PADILLA: Look, I deliberation there's a batch of crushed for interest of the 2nd Trump administration, if the archetypal medication is immoderate indicator.
I think, arsenic the governor, arsenic different legislative leaders and adjacent the legislature delegation person said, if – if, you know, the national authorities volition proceed to enactment California successful its enactment successful truthful galore argumentation areas, there's a batch of bully enactment to beryllium done there.
But Donald Trump has made it nary concealed that helium has it successful for California, whether it's the withholding of catastrophe funds, I mean, a batch of FEMA dollars that Donald Trump tried to support from, not the authorities authorities of California, but from California families, simply due to the fact that it's a authorities that did not ballot for him successful the statesmanlike election. We're trying to inoculate ourselves from those types of threats.
There's besides a batch of bully that – that tin beryllium finalized earlier the extremity of the Biden administration, whether it's Environmental Protection Agency waivers that volition let California to proceed to turn our system portion tackling clime alteration aggressively, waivers astatine Health and Human Services that would springiness California a small spot of flexibility with our Medicare dollars to beryllium capable to besides dainty behavioral wellness issues, intelligence wellness issues of Californians, due to the fact that erstwhile – we cognize that treating the full assemblage is bully for some carnal and intelligence health.
We're trying to marque definite those waivers…
MAJOR GARRETT: Where bash those – wherever – where…
SENATOR ALEX PADILLA: … are locked successful earlier the extremity of the Biden administration.
MAJOR GARRETT: Where bash you basal with the Biden medication connected that, Senator? Are they going to beryllium responsive?
SENATOR ALEX PADILLA: They've been precise encouraging that the method enactment tin and should beryllium done earlier the extremity of the term.
But we'll cognize it erstwhile there's signatures connected the documents that we need. But, again, these are conscionable examples that we privation to fastener into spot earlier President Trump comes into office, and past tin usage it either arsenic a threat, arsenic a punishment, or, arsenic Senator Cruz mentioned successful the anterior segment, simply leverage to get different things helium would privation retired of California.
MAJOR GARRETT: You cognize President elite Trump has promised wide deportations. You besides know, successful California, determination is simply a authorities instrumentality that tells section instrumentality enforcement not to enactment and cooperate with ICE agents successful deportation oregon recognition processes.
The incoming Trump medication borderline czar, Tom Homan, has said immoderate instrumentality enforcement who don't cooperate volition beryllium prosecuted nether national law. How is this going to beryllium resolved?
SENATOR ALEX PADILLA: Yes. Well, I deliberation there's an important favoritism here.
No authorities government, not Texas, not California, not immoderate authorities successful the nation, has a law authorization to enforce national migration law. That is the work of the national government. Some states similar Texas privation to propulsion the envelope and effort to find a mode to assist, but there's nary work to bash so.
And that's what California leaders and municipal leaders passim the authorities are saying. You know, we're not going to utilize authorities and section resources to bash the national government's occupation for them, fig one. I deliberation there's a agelong past of this being astute nationalist information argumentation arsenic well.
California is the astir populous authorities successful the nation, the astir divers authorities successful the nation, location to much immigrants than immoderate authorities successful the nation. And the past happening you privation to bash is person immigrants who are victims of transgression acrophobic to travel guardant to study that crime. The past happening you privation is immigrants who whitethorn beryllium witnesses to transgression to beryllium acrophobic to travel guardant and stock immoderate accusation that they person successful the probe and prosecution of crimes.
That's what we're talking astir here. Let the national authorities bash the national government's job, but person authorities and section officials bash the authorities and section officials' job. There doesn't person to beryllium a conflict, unless that's what Trump wants.
MAJOR GARRETT: The politician has called a peculiar league that volition convene this week to acceptable speech wealth to conflict the Trump administration.
Will immoderate of that wealth besides beryllium acceptable speech to support migrants and undocumented immigrants successful California arsenic they question either ineligible proposal oregon continued ineligible fiscal backing to enactment their efforts to enactment wrong California and the United States?
SENATOR ALEX PADILLA: Yes, again, if the archetypal Trump medication is immoderate indicator, we cognize that determination volition proceed to beryllium a batch of fearfulness successful communities and communities that merit to cognize what their rights are and what their rights are – are not.
And so, if it's ineligible assistance, ineligible advice, ineligible support, that's conscionable the California way. We clasp our diversity. Our diverseness is what has made our communities thrive and our system thrive. And truthful we volition assistance families against the threats of the Trump administration.
If we wanted to benignant of chopped to the chase, you know, we're proceeding a batch of bombast from Trump and his allies astir the biggest deportation cognition successful our country's history, connected the 1 hand, versus a – possibly a absorption connected convulsive criminals connected the other.
Nobody – cipher disagrees with a absorption connected convulsive criminals.
MAJOR GARRETT: Yes.
SENATOR ALEX PADILLA: Democrats, Republicans agree. But that's precise different…
MAJOR GARRETT: Yes.
SENATOR ALEX PADILLA: … than millions and millions of radical being deported indiscriminately, not conscionable tearing families apart, tearing communities apart…
MAJOR GARRETT: Yes, Senator.
SENATOR ALEX PADILLA: … but tremendous harm to our system that that would create.
MAJOR GARRETT: Senator Alex Padilla, Democrat from California, we convey you for your clip this morning.
And we'll beryllium backmost close distant with a batch much Face the Nation. I invitation you to delight enactment with us.
(ANNOUNCEMENTS)
MAJOR GARRETT: Be definite to tune successful to CBS News connected January 20 for afloat sum of Donald Trump's inauguration present successful Washington, D.C. You tin ticker unrecorded connected CBS, connected Paramount+, oregon connected our CBS News app.
(ANNOUNCEMENTS)
MAJOR GARRETT: We volition beryllium close backmost with CBS News concern expert Jill Schlesinger, White House National Security Adviser Jake Sullivan, and writer H.W. Brands.
Please enactment with us.
(ANNOUNCEMENTS)
MAJOR GARRETT: Welcome backmost to FACE THE NATION. We're joined present by CBS News concern expert Jill Schlesinger. She's successful Southampton, New York, this morning.
Jill, Senator Ted Cruz described tariffs and the menace thereof arsenic leverage. But what I'm funny astir economically is, bash retailers presumption it arsenic lone leverage, bash consumers presumption it lone arsenic leverage, oregon are they opening to alteration their behaviour successful anticipation?
JILL SCHLESINGER: Well, let's conscionable speech astir whether oregon not they're going to alteration their behavior. We cognize that t present were immoderate retailers who were benignant of dangling this retired astir this vacation weekend, saying, oh, bargain present due to the fact that tariffs could marque prices spell up. I don't cognize what the information of astir radical is erstwhile they shop, but I'm not definite it's tariffs.
What we bash cognize astir tariffs is, remember, this is simply a interest that is imposed connected an imported good. The importing company, the U.S. institution that takes that bully successful has to marque a determination successful that moment. And that institution has to decide, are we going to devour it and possibly marque little wealth this year, oregon are we going to walk it on to consumers. So, that is wherefore consumers are a small unnerved by this, and businesses are arsenic well, due to the fact that they're not truly definite whether they tin walk that on and person consumers wage that further price.
What we cognize is, implicit the agelong term, successful history, tariffs thin to summation the terms of definite goods. It's not needfully crossed the board. But, you know, it is hard coming disconnected of what we've conscionable travel done successful the past fewer years with this inflationary spike to ideate that consumers are conscionable going to instrumentality it successful stride. It is simply a existent hard happening to ideate that immoderate institution oregon user is going to consciousness similar they privation to sorb higher prices astatine this point.
MAJOR GARRETT: Jill, determination was a tariff communicative successful the archetypal Trump administration. Do you foresee a deeper and antithetic tariff communicative perchance successful Trump 2.0?
JILL SCHLESINGER: Well, I deliberation there's 2 parts of that question, which is, we don't cognize what these tariffs are. And arsenic Senator Cruz said, this is simply a negotiation. So, we don't cognize whether we're going to onshore successful that negotiation. But a large quality betwixt wherever we are contiguous and wherever we were backmost successful 2017 and 2018 is, during the aboriginal Trump administration, what we had was incredibly debased inflation. That was aft the fiscal crisis. For each those years, ostentation oregon prices lone grew by astir little than 2 percent a year.
Now, comparison that with wherever we are now. We had ostentation spike astatine a 40- twelvemonth precocious of 9 percent successful the summertime of 2022. Yes, that ostentation complaint has travel down, but prices are inactive astir 22 percent, 23 percent higher than they were conscionable 4 oregon 5 years ago. So, the large quality betwixt the archetypal Trump medication and the 2nd Trump medication is prices are already high, and determination are galore Americans who are struggling.
So, I deliberation that that is the existent fearfulness among economists that I talk to. They're disquieted that this is going to origin a existent anxiousness among consumers, and that consumers mightiness propulsion backmost astatine a clip wherever they - actually, the economy's doing beauteous well.
MAJOR GARRETT: Talking astir the system doing well. You crunch a batch of numbers, Jill, and ever interruption them down truthful easy for our audience. When you look astatine the data, what's the champion quality you spot and what's the astir worrisome sign?
JILL SCHLESINGER: Well, the champion quality arsenic - is that the labour marketplace has grown truly substantially and has kept up. So, I deliberation that the labour marketplace has been the operator of this economy. And it's been beauteous consistent.
The different portion of the bully quality communicative is that the United States economy, much than immoderate different developed nation, has travel retired of the Covid epoch and that post-Covid inflationary spike overmuch stronger successful a maturation mode. So, we are seeing truly bully things from the labour market. We're seeing things successful the economy. We're seeing that AI and exertion is truly successful a roar period. These are each fantastic things.
So, what's the downside here? I hatred to beryllium a termination joy, but wherefore not, I play 1 connected Sunday mornings. And what I tin spot is that these tariffs could origin a occupation for a batch of consumers who are already struggling, and besides this thought that we are going to spot the hold of the taxation cuts from the archetypal Trump medication successful the idiosyncratic taxation code. There is simply a fearfulness among immoderate investors that portion we whitethorn not person a situation close present erstwhile it comes to the indebtedness and the deficit, that the hold of those taxation cuts could commencement to truly unnerve fiscal markets. Not happened yet, but those are the 2 worrisome things, the tariffs and the indebtedness and deficit. I deliberation those are the 2 looming things. And, of course, each the things we can't contemplate close now.
MAJOR GARRETT: The 3 banal indexes person gone up beauteous regularly since Election Day. Is that a methodical and good thought retired absorption to an predetermination oregon a benignant of exuberance that whitethorn soon tally its course?
JILL SCHLESINGER: Time volition tell. I deliberation that the archetypal capitalist absorption was a 2nd Trump presidency would mean a driblet successful the taxation rates - oregon the hold of the taxation cuts and those taxation rates would fundamentally beryllium successful spot for different 4 years. So, we'd person debased taxes, which is bully for particularly the wealthier radical retired there. They emotion debased taxes. And firm taxes were already enshrined successful the code. OK, truthful we person taxes staying low. That's a large origin erstwhile you travel - erstwhile it comes to investing.
The 2nd portion is the thought that a Trump medication would person a airy regulatory touch. So, erstwhile you saw that archetypal fewer trading - those archetypal fewer trading days aft the election, what went up a lot? The astir highly regulated industries. So, that could beryllium energy, that could beryllium banking, that could beryllium different areas wherever you could truly request an concern companies wherever you request a batch of regulatory prominence successful the moving of your business. Lighter regulatory interaction volition mean that those businesses volition bash well.
OK, truthful is it exuberance oregon not? Who knows? I tin lone archer you that arsenic idiosyncratic who watches markets each the time, erstwhile everybody tells maine that the entity is wide and the prima is shining and it's rainbows and unicorns, the lone happening I tin retrieve is what my begetter utilized to accidental is, well, nary 1 ever rings a doorbell astatine the apical oregon astatine the bottom. So, if you're an idiosyncratic investor, don't number connected everything being great. There's going to beryllium a marketplace slide. There is going to beryllium a sell-off astatine immoderate point. Don't number connected everything being large each the time. Stick to your crippled program and lone alteration that crippled plan, not erstwhile the medication changes, but erstwhile your ain beingness changes. That's it.
MAJOR GARRETT: Breaking it down for us, arsenic always, and beautifully so. Jill Schlesinger, acknowledgment truthful precise much.
And we'll beryllium close back.
(ANNOUNCEMENTS)
MAJOR GARRETT: We' are joined present by President Biden's National Security Adviser Jake Sullivan. He is successful New Castle, New Hampshire, this morning.
Jake, bully morning. It's bully to spot you.
The Hamas video merchandise of Edan Alexander, I cognize the medication regards it arsenic a cruel propagandistic maneuver, but bash you observe thing tactical astatine each successful the timing of the merchandise of this video, Jake?
JAKE SULLIVAN (President Biden's National Security Adviser): Well, Major, first, acknowledgment for having me.
And arsenic acold arsenic this video, it is simply a cruel reminder of the barbarity and the brutality of Hamas, holding truthful galore guiltless radical hostage, including Americans, including Edan. We were successful interaction with Edan's household yesterday. I'll beryllium talking to the families of each of the American hostages, including Edan's family, this week.
And I bash deliberation that Hamas is feeling the pressure. They're feeling the unit due to the fact that 1 of their main partners successful transgression here, Hezbollah, has present chopped a ceasefire woody and they thought that Hezbollah would beryllium with them until the end. They're feeling the pressure, of course, due to the fact that their apical leader, Sinwar, has been killed. So, they whitethorn beryllium looking anew astatine the anticipation of getting a ceasefire and hostage deal, and we are moving actively with each of the cardinal players successful the region, including Israel and Turkey and Qatar and Egypt to effort to bring that about.
MAJOR GARRETT: The destiny of the hostages, of course, connected the administration's mind, connected the minds of each Americans and each successful the region. But also, Jake, I'm definite you saw implicit the past mates of days the video from Gaza of Palestinians surging to effort to get a loaf of bread, successful immoderate cases crushing 1 different unintentionally. All suggestions are that the humanitarian concern determination is - if it already isn't past situation stage, adjacent famine situation stage.
How overmuch does that intensify the request to get this happening across, arsenic you conscionable said, the decorativeness line?
JAKE SULLIVAN: The humanitarian concern successful Gaza is simply a crisis. You person excessively galore radical who are suffering from shortages of food, water, medicine, entree to sanitation. Innocent radical who merit a measurement of bid and merit entree to each of those life-saving supplies successful abundance. The United States has been working, week in, week out, period in, period out, to unfastened crossings, to determination trucks, to insure that humanitarian assistance gets in. And astatine captious moments, we person been capable to intervene successful ways that person staved disconnected the worst lawsuit scenarios of famine. But it's perpetually stocking (ph) Gaza. And truthful much needs to beryllium done to get assistance in.
Now, portion of the problem, arsenic we've seen conscionable successful the past 24 hours, is not really moving assistance from extracurricular Gaza into Gaza, but moving it astir Gaza erstwhile it's inside. The U.N., successful fact, said it was suspending question from definite areas of Gaza due to the fact that of concerns astir looting. These are each things that would beryllium helped if determination were a ceasefire successful place.
MAJOR GARRETT: Jake, is the probability of a ceasefire enhanced oregon undercut erstwhile idiosyncratic specified arsenic South Carolina Senator Lindsey Graham says, President- elite Trump wants a ceasefire earlier inauguration deal. Does that assistance you oregon wounded you?
JAKE SULLIVAN: Look, I deliberation the cardinal histrion close present holding the determination connected the ceasefire is Hamas. And the cardinal happening motivating Hamas is not American authorities oregon the American statesmanlike transition, it's their determination astir whether oregon not it makes consciousness for them astatine this point, aft Hezbollah has abandoned them, aft their person has been killed, aft their subject formations person been degraded to yet accidental yes to a ceasefire and hostage deal. That's going to beryllium the telling happening much than thing that's said backmost here.
But I volition accidental this, determination has been precise bully coordination betwixt our squad and the incoming squad connected each of the aspects of the situation successful the Middle East. We felt it was important that we beryllium successful interaction with them, to support them up to velocity connected what's happening, due to the fact that this handoff has got to beryllium smooth. And they, successful turn, person reciprocated by being unfastened and transparent and moving with us. This is however it should beryllium successful a transition. This is what we're going to support driving for, for each time that we person near successful office.
MAJOR GARRETT: Jake, I privation to person a speech with you astir leverage arsenic regards to the Israeli government. I privation to play for you thing that Maryland Democratic Senator Chris Van Hollen said connected this programme a week ago.
Let's listen.
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SENATOR CHRIS VAN HOLLEN (D-MD): We've seen this signifier wherever President Biden makes demands of Prime Minister Netanyahu, lone to beryllium ignored oregon slapped down entirely. And past President Biden sends much bombs and much money. That is not an effectual usage of leverage.
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MAJOR GARRETT: Your response?
JAKE SULLIVAN: First of all, I respect Senator Van Hollen. He knows these issues arsenic good arsenic immoderate idiosyncratic successful Washington, and helium is passionate astir them.
But, of course, we person a antithetic perspective. We have, astatine assorted points implicit the people of this conflict, made asks of the Israelis accordant with our values and our interests. Have we gotten everything we've asked for? No. Have we seen a alteration successful Israeli behaviour with respect to the question of humanitarian assistance, with respect to however they conducted definite subject operations, including successful places similar Rafah? Yes, we have.
And so, we bash judge that we've had a constructive engagement with the Israeli authorities and besides been capable to marque a quality connected the crushed with respect to the travel of humanitarian aid.
In addition, we worked intimately with the Israeli authorities to bring astir a ceasefire successful Lebanon. A ceasefire radical said wasn't imaginable until a caller medication took office.
MAJOR GARRETT: Jake, I privation to instrumentality - crook your attraction to Ukraine, wherever the Ukrainian President Volodymyr Zelenskyy appeared to bespeak successful a caller interrogation that helium could perchance beryllium unfastened to a bid colony successful which Russia retains the territory it has. Ukraine, meaning Kyiv, keeps each the rest, if that is swiftly brought nether the umbrella of NATO. Is that the outline oregon the contours of thing you judge the medication believes could beryllium workable?
JAKE SULLIVAN: Well, Major, I'm atrocious to disappoint you. I can't negociate successful nationalist connected your program, and I surely can't negociate connected behalf of President Zelenskyy, who truly should talk for himself erstwhile it comes to the destiny of his country. The aboriginal of Ukraine should beryllium determined astatine the negotiating array by decisions of the Ukrainians, not imposed from the extracurricular by the United States oregon anybody else.
I volition say, though, that we person been engaging with the Ukrainians implicit the people of this twelvemonth connected however you wed the enactment we provided them for usage connected the battlefield with a diplomatic strategy for the negotiating table.
MAJOR GARRETT: And immoderate caller decisions successful the medication person been criticized by Republicans arsenic mounting the concern connected fire, meaning ATACMS and anti-personnel mines. Those advocates for Ukraine accidental those decisions are mode excessively precocious to alteration the conflict abstraction successful immoderate strategically important way. Where bash you travel down?
JAKE SULLIVAN: Anti-personnel onshore mines, which are nonpersistent mines that unopen disconnected aft 2 weeks truthful they don't correspond a agelong word menace to civilians, these could beryllium adjuvant against the peculiar benignant of tactics that the Russian infantry is utilizing close present successful eastbound Ukraine. So, he's sending them.
The ATACMS support into Russian territory, that was a determination helium took aft Russia escalated by introducing North Korean troops into this war, a overseas service into this war. So that was a responsible, coordinated measurement that we took with different allies to respond to that provocation, to that escalation by Russia.
The president has been wide each along, we are going to springiness Ukraine the tools it needs. We are besides going to bash what we tin to enactment them successful the champion imaginable presumption connected the battlefield truthful they'll beryllium successful the champion imaginable presumption astatine the negotiating table, and past this warfare volition yet extremity successful diplomacy.
MAJOR GARRETT: National Security Adviser Jake Sullivan, acknowledgment truthful overmuch for your time.
And we'll beryllium close backmost with a batch much FACE THE NATION.
Please, enactment with us.
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MAJOR GARRETT: Welcome back.
We crook present to writer and historiographer H.W. Brands. He is the Jack S. Blanton elder seat astatine the University of Texas successful Austin. And his latest publication is "America First: Roosevelt vs. Lindbergh successful the Shadow of War."
He joins america this greeting from Austin, Texas.
H.W., it's large to spot you.
First of all, what does this America archetypal clash past archer america if thing astir contiguous and references to America first?
H.W. BRANDS (Author, "America Frist: Roosevelt vs. Lindbergh successful the Shadow of War"): The statement that I picture successful the publication is whether the United States should participate World War II. Between the clip Germany started the warfare successful September of 1939 and the United States entered the warfare successful December of 1941, that was the constrictive absorption of the debate. The larger question and the 1 that persists contiguous is, what bash Americans deliberation their country's relation successful the satellite ought to be? Should the United States, indispensable the United States instrumentality a starring relation successful the world? Should the United States interest itself successful conflicts among different nations that possibly don't straight code American interests? This - this was the question then. It's a question we're dealing with again today.
MAJOR GARRETT: If you could, sketch retired concisely Charles Lindbergh's stature astatine the clip this statement with Franklin Delano Roosevelt was engaged.
H.W. BRANDS: Lindbergh came to the attraction of the American public, so to the satellite public, successful 1927 erstwhile helium flew a solo formation for the archetypal clip crossed the Atlantic Ocean. He became this nationalist hero. He became a satellite personage for accomplishing this large method feat, but it was besides a feat of idiosyncratic daring.
He was a darling of the United States, a darling successful different countries. He was decorated by overseas governments. He became an aboriginal personage successful an property erstwhile personage was archetypal starting to instrumentality form. So, that was his presumption arsenic of 1927.
His personage took a antithetic crook successful the aboriginal 1930s erstwhile his and his wife's babe lad was kidnapped and murdered successful what past was called the transgression of the century, which gave emergence to the proceedings of the century. And so, this aureate boy, each of a abrupt had a acheronian shadiness formed crossed his life. And truthful helium was, successful immoderate ways, this star-crossed leader astatine that point.
He continued to beryllium influential successful aeronautical engineering circles. He knew a batch astir aircraft. But successful the American caput helium was this - helium was this large celebrity. And galore radical were amazed really that helium did instrumentality a starring relation successful the statement implicit American argumentation due to the fact that helium was not a governmental figure, helium eschewed politics.
MAJOR GARRETT: And successful that statement with Roosevelt, did Roosevelt and his medication respect Charles Lindbergh arsenic a imaginable governmental threat? And if so, however did they woody with it?
H.W. BRANDS: It's a small spot hard to say. Franklin Roosevelt astatine immoderate constituent decided that helium wanted to tally for a 3rd term. This broke a long- standing, informal regularisation of American politics. And helium knew that Republicans were perpetually going up to Charles Lindbergh and saying, you could beryllium president. You'd beryllium a large candidate.
Lindbergh's begetter had been a congressman, but Lindbergh took from his father's experience, which turned retired severely due to the fact that of his absorption to American argumentation during World War I, that helium didn't privation to person thing to bash with authorities oregon politicians. He considered politicians a clump of liars, radical who could not beryllium trusted and helium considered authorities this debased and benignant of mean concern that helium wanted to person thing to bash with.
MAJOR GARRETT: When this statement began successful 1931, Lindbergh was successful 1 place. When it ended successful 1941, helium was successful a antithetic spot successful the nationalist mind. Some accused him of being a Nazi sympathizer. Some editorialist described him arsenic an anti-Semite. Where bash you travel down?
H.W. BRANDS: The 1 happening I should accidental is that everybody who calls him an anti-Semite oregon a Nazi sympathizer, had governmental reasons for doing truthful due to the fact that Lindbergh became the look of absorption to American involution successful the war. And it served his opponents' purposes to overgarment him successful this antagonistic category.
In presumption of his Nazi sympathy, helium - determination were American Nazis. There was an American Nazi party. They were intelligibly Nazi sympathizers. Lindbergh was not a subordinate of the party. In fact, the America archetypal committee, of which Lindbergh was a part, took pains to support its region from those. Lindbergh did not privation Germany to triumph the war. His presumption was that the United States should not spot its frontier of information successful the mediate of Europe the mode Franklin Roosevelt and the interventionists appears to beryllium doing.
But due to the fact that helium took that presumption - and it was a presumption the Germans supported. The Germans didn't privation the United States to participate the war. There was this nonsubjective consciousness successful which 1 could accidental that erstwhile Lindbergh gave a speech, it served the purposes of the German government.
MAJOR GARRETT: How astir his appraisal of American Jews wanted to propulsion America into the warfare and past exercising outsized power culturally successful our country?
H.W. BRANDS: So, the charges of anti-Semitism against Lindbergh truly are associated with a azygous code helium gave successful the autumn of 1941, successful which helium identified 3 groups that successful his sentiment were astir influential successful pushing the United States toward war. One was the British government. Britain was already astatine war, and helium explained it was earthy that they would effort to get the United States progressive successful the war. The 2nd radical helium said was American Jews. And helium said, it's perfectly understandable that they should privation the United States to get into the warfare fixed what Hitler and the Nazis person done to their relatives, friends, co-religionists successful Europe. And the 3rd radical was the Roosevelt administration. He was astir captious of the Roosevelt medication due to the fact that Lindbergh claimed that Roosevelt was utilizing the excuse of the warfare to further his ain governmental ambitions.
Now, simply for mentioning American Jews successful the discourse of warfare policy, the entity fell down upon Lindbergh. Everybody who wanted to marque definite that they weren't accused of anti-Semitism, everybody who opposed Lindbergh's argumentation came down and pointed the digit of anti-Semitism astatine Lindbergh.
To what grade was Lindbergh really an anti-Semite? Well, I would - I would - I would - I would enactment him successful the class of the benignant of not successful my state nine benignant of anti-Semite, which was highly communal successful the United States astatine the time.
MAJOR GARRETT: Very quickly, H.W., there's a clash implicit accusation and disinformation. Both sides pass each different and the American nationalist astir that. Unspool that for us, if you could, existent quick.
H.W. BRANDS: The British authorities and the germane government, the 2 antagonists successful the warfare astatine that point, were some engaged successful propaganda campaigns successful the United States. And so, erstwhile the British authorities would works editorials, features successful American newspapers, often chartless to the speechmaking public, past Lindbergh and his broadside would say, well, look what the British authorities is doing. When the German authorities would bash thing similar, past the Roosevelt medication would say, look astatine what the German authorities is doing. So, each broadside then, the governments of the 2 sides, they were doing their champion to sway American nationalist sentiment due to the fact that they realized that successful the extremity it was American nationalist sentiment that had to beryllium persuaded.
MAJOR GARRETT: H.W. - overseas interference successful American nationalist sentiment past and now.
H.W. Brands, it's been a pleasure. Thank you truthful much.
And we'll beryllium close back.
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MAJOR GARRETT: That's it for america today. Want to convey you for watching.
For FACE THE NATION, I'm Major Garrett.
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