Skip to main content

tv   Face the Nation  CBS  May 7, 2023 8:30am-9:29am PDT

8:30 am
nation" and join us when our trumpet sounds again next "sunday morning." ♪ i'm margaret brennan in washington. this week on "face the nation," another weekend rocked by gun violence. at america's southern border, preparations are under way for a migration surge that may strain resources and ignite political tension. gunfire and panic at an outlet mall just outside of dallas, as another gunman opens fire and once again an american community is the target of a mass shooter. we'll have the latest. plus, with pandemic-era border restrictions under title 42 set to expire thursday, once again our southern border braces for an influx of migrants seek a better life in america. they're sounding the alarm about
8:31 am
the likely humanitarian crisis. >> if all the numbers of migrants are transferred here like planned, it will be devastate. >> we'll ask homeland security secretary alejandro mayorkas about the security challenges we're facing in the u.s. a rare conversation with arizona's independent senator kyrsten sinema, who says the biden administration had two years to prepare for the migrant surge and did not do so. >> have you talked to the white house directly about this? >> yes, i have. >> what's the response? >> it has not been adequate. >> do you care to he elaborate? >> i do not. >> as the u.s. barrels towards potential default on its debt president biden will sit down with congressional leaders tuesday to negotiate lifting the debt ceiling. we'll discuss that and the concerns about stability in america's banking system with the chairman of the house financial services committee, patrick mchenry. then, the north carolina republican legislature passes new restrictions on abortion. can the democratic governor roy
8:32 am
cooper stop it from becoming law? we'll ask him. it's all just ahead on "face the nation." good morning and welcome to "face the nation." we have a lot to get to this morning, including that migrant surge expected at the border, but we're going to begin another sunday with news of gun violence shattering several communities across the country yesterday. the deadliest toll was taken in the suburb about 25 miles north of dallas. cbs news correspondent omar vill fran ka is on the scene. >> margaret, just after 3:30 yesterday afternoon there was mayhem and carnage at this suburban mall when a gunman heavily armed and wearing body armor opened fire killing eight people and injuring seven others
8:33 am
before police finally shot and killed him. investigators have not released the names of the victims or the shooter. some of the video you're about to see is disturbing. dash cam video captured the moment the gunman emerged from a gray car in the parking lot and opened fire on people shopping at the allen premium outlets. shoppers ran for cover as the gunfire continued until an allen police department officer in the area on an unrelated call sprang into action. >> he heard gunshots, went to the gunshots and engaged the suspect and neutralized the suspect. >> reporter: witnesses describe the panic and terror as the shooter fired dozens of rounds. >> it was nonstop and nothing we could do. >> oh, my gosh. >> it was terrible. >> we heard pop, pop, pop. i grabbed my kids and ran. >> reporter: seven people were killed at the scene including the gunman. two later died from their injuries.
8:34 am
three the victims are world are also grieving. >> reporter: texas has been here before. almost a year ago 19 children and two teachers were killed in an attack at robb elementary school in uvalde, texas. according to the gun violence archive this is the 199th mass shooting of 2023. today is only the 127th day of the year. >> omar, thank you. we turn to what's likely to be a difficult next few weeks at the border where several communities have declared states of emergency. our homeland security and justice reporter nicole scanga is there. >> reporter: the clock is ticking down on an end to title 42, another flashpoint in the immigration debate, but here on the u.s.-mexico border it's not just a policy change, it's the front lines of a humanitarian
8:35 am
crisis. in south texas, the department of homeland security says they've encountered an influx of migrants ahead of title 42's end, driven by an uptick in venezuelan nationals. still others rio ge river. biden administration guidelines that kick in after may 11th promise more consequences like s and feet shackled boarded a plane back to guatemala friday. in laredo, texas, this emergency shelter is a welcome reprieve for many like 29-year-old margarita who crossed the u.s.-mexico border pregnant with her 5 and 3-year-old daughters. back in venezuela she says there is nothing. the mayor of laredo has declared a city wide emergency. >> the disaster is an imminent
8:36 am
disaster. it may not be here right now, but it's like a hurricane. you board before the hurricane. >> reporter: with this week's policy change u.s. officials expect as many as 10,000 migrants a day to traverse the u.s.-mexico border at crossings like the one behind me. >> thank you. for more we're joined now by the homeland security secretary alejandro mayorkas. it's good to have you here in person, sir. >> good morning, margaret. >> before we get to migration, i want to ask, do you have any information about this latest mass shooting in texas, which may have been with an ar-15 style weapon? >> margaret, another horrific tragedy ur country. i spoke with the governor last night as well as the mayor.ig > shooter? >> no, margaret. i think it's under investigation. the state and local authorities are leading that investigation. >> let's get to the border. this is the greatest migration
8:37 am
surge, you said, in the western hemisphere since world war ii. you've been preparing for more than a year and a half. how rough will the next few weeks be? >> margaret, we've been preparing for this for more than a year and a half, you are correct. it is, indeed, a regional challenge, and it requires a regional response, which is why we are working so closely with many countries to the south. it's going to take our plan a while to really take hold and people to understand that they can access lawful, safe, orderly pathways before they reach the border, and quite frankly, if they come to the border they will receive a consequence under our enforcement authorities. >> you are, as the administration is setting up prosing centers in colombia and guatemala so migrants can start the asylum process before they make it to the border.
8:38 am
those aren't set up yet. >> we are furthest along with colombia. it should be a matter of weeks. we have additional lawful pathways that already have existed for people to access. >> the phone apps you're talking about? >> the parole program for cubans, haitians, nicaraguans and venezuelans. we are expanding our family reunification programs. >> so you have announced 1500 troops that are going to el paso, texas. why not other parts of the border? is texas the most porous area? >> they will be dispersed as operational needs require. the deployment of active duty troops is not to do enforcement work or interact with the migrants, but provide other support so our border patrol agents can be out in the field. >> the governor of arizona and the senior senator told us that the federal government is . senator sinemaian laenforcement nbers of
8:39 am
ble busses tort em. the governor also said she needed more urgency and can't get specific ition on dollars for emergency shelters. why isn't that kind of specific detail being shared? >> well, i respectfully disagree with the senator and governor. number one, we are prepared, as we noted at the very beginning of our conversation. we've been preparing for this for quite some time. we tried to end title 42 repeatedly and we're stopped from doing so by the courts. we are prepared number one. number two, we have a migration information center set up to communicate with state and local officials and we have been doing so. we are using our fema regional coordinators, as our key points of contact. i spoke with senator sinema i think within the last two weeks and our personnel are in touch with other officials on a regular basis. >> she said she had beennas not
8:40 am
adequate. so do you think there is a communication problem here? >> i do not. if there is a question that has been unanswered, we will answer it. i will tell you, though, let's take a step back because there's a very important message, not to communicate only to senator sinema but all senators and all members of the house of representatives. we need immigration reform. everything that the department of homeland security is doing, everything that our partners across the federal government are doing, is within a broken immigration system. the president passed to congress a proposal to fix our broken immigration system on the first day in office. >> that's like a to-do list. that's different than putting your shoulder behind it, picking up the phone and saying, excuse me, democrats control the senate, let's be out front on immigration. >> margaret, we have been pushing for immigration
8:41 am
legislation since day one, and by the way, it didn't start on day is is decadesoble the immigration system hasn't been fixed since the '90s. >> absolutely. and it has only seemingly gotten worse with the set of circumstances we're in now. to that point, this gets so politicized and you take a lot of the political heat yourself because you run the agency on the securit portion of this. if the politics are so bad and the security situation is so difficult and you need more resources, why isn't the president out there talking more about the need for a border bill? why isn't leader schumer doing this? it seems like the issue is being conceded to republicans? >> margaret, i respectfully disagree. i spoke with leader schumer also within the last two weeks. we are in constant communication -- >> is there a timeline for him? >> we are -- there is not a day that goes by that we are not
8:42 am
urging congress to pass reform. >> tillis that would allow for expelling of migrants for two years similar to title 42? >> title 42 and the expulsion authority is a public health authority. it is not an immigration authority. we will be using our immigration authorities which call for a consequence regime which is why we have to correct the lies that smugglers tell vulnerable migrants. they think they are coming and they will be able to stay and that is false. what i would say to the senator, senators tillis and sinema, what we need is our system fixed. >> right. >> not this band-aid solution. >> senator bob menendez, a democrat, said the administration has ignored his proposals. he objected to the sending of troops, and he criticized lack of planning. if you have people who are
8:43 am
border state senators who want to do something, and then you have the chairman of the senate saying he wants to something,y ignoring that or pushing it aside? >> the administration is not ignoring it. >> menendez said that. >> we are pressing forward. by the way, senator menendez, the chairman of the foreign relations committee, set forth a really thoughtful document with a number of pillars of action and we have, indeed, implemented a number of those. >> henry, a democrat, said he has confidence in you and homeland security but the white house is holding you back? >> untrue. one team, one mission, we are prepared to execute it. >> mr. secretary, we'll be watching. good luck to you. >> thank you so much, margaret. late last week we traveled to the border state of arizona for the mccain institute sedona forum honoring the late senator known for his straight talk and ability to forge bipartisan compromise when theee aros
8:44 am
enoryrsine.s she left the democratic party last fall and is very much aligned with that maverick mindset. >> we're in the midst of the hemisphere's worst refugee crisis. >> that's right. >> partisanship is at such a high level. is it simply a political reality that you can't get comprehensive reform done? you have to chip away at this piecemeal? what you introduced was a temporary two-year authority to expel migrants with an exemption for asylum claims because of the immediate title 42 expiration. >> that's a band-aid. the biden administration had two years to prepare for this, and did not do so. our state is going to bear the brunt. migrants will be in crisis as soon as next week. it will be a humanitarian crisis because we're not prepared. the legislation we introduced yesterday is ability tiding this over, giving us time andpafor t
8:45 am
to create a plan to get through the house and senate. >> but the votes aren't there for this replacement essentially of title 42. the two-year ability to expel migrants without guaranteed asylum. >> we don't know that yet. we introduced the bill yet. >> republican senator langford was out criticizing it saying it doesn't solve the problem. >> it does sn't solve the probl. he's right it doesn't solve a problem. >> you think you can get this passed before next week may 11th? >> oh, god no, margaret. this is the united states senate. i don't think you can get agreement on a date by next thursday. the united states is functioning at a dysfunctional level right now and that's due to the partisanship that is driving both parties. as you and i both know, both parties have benefitted for decades by not solving this challenge. they use it to bash each other
8:46 am
in elections and whatothee t that they don't live in a and has to put migrants in his car and drive them to phoenix because they're released in a town that has -- for migrants to sleep in you pla for them to go. this is the crisis for our border communities and migrants and so unfortunately, the parties are thinking about this from a political perspective. not a human perspective. >> you said the administration planned to create a workable plan for migrants after may 11th, title 42. they would say they got troop deployment, a phone app, expansion of legal migration, regulation to bar migrants from asylum if they did not seek asylum in a third country.
8:47 am
do you support any of what the administration has done? >> these steps announced within the past week or so are helpful. having 1500 troops along the border is helpful. it is a bor miles. 1500 troops isn't going to get the job done. that's just reality. > yes. rollout. just today i was on the phone with a sheriff of cochise county who has got noninformation from the department of homeland security or the federal government about what the flow is going to look like, what they can expect from processing in terms of how long it takes to process migrants, no information, neither have i, about how many busses available to transport migrants. he's gotten the information he does have from me because i call him every few days. he's not gotten that information from the department of homeland security. what's unfortunate is that i'm asking for that information, and i'm not getting it.
8:48 am
so either the administration has that information and choosing not to share it, which is a problem since we're the ones that are going to deal with the crisis, or they don't have it and that's even more concerning because how do you prepare for an inflow of migrants when you don't know what you're going to expect? >> and that hasn't been shared with the governor? >> it has not been shared with the governor. i spoke with the governor yesterday. >> wow. >> it has not been shared. we do not have this information. there are three nonprofit organizations in arizona that provide incredible, incredible assistance to our border communities. one is in yuma, one tucson and phoenix and they don't have this information and they are responsible for accepting the migrants after they're released from custody. while it's wonderful that the administration is announcing like a 1500 troop deployment and processing centers which will not be operational by next friday, those are good things, aspirational, that's not the same as operational. rent the busses, hire the
8:49 am
drivers, build the softsided facilities to process individuals, we need more holding capacity. let's be realistic here and we're not prepared for that. that's frustrating, margaret. the reason is because i know that that means that the sheriffs in our southern border are going to be bearing the brunt of it and our men and women, border patrol, will be working even longer shifts. >> have you talked to the white house directly about this? >> yes, i have. >> what's the response? >> it has not been adequate. >> do you care to elaborate? >> i do not. >> because what you're laying out is a level of crisis concern -- >> that's correct. >> they were -- >> that is what i have been doing. i've been raising the alarm -- >> they return your calls? >> oh, yes. >> and just not share information? >> just not -- right. that's right. this is a problem. we've had two years to prepare for this. >> do you think that's personal? >> no.
8:50 am
no, not at all. i don't think it's personal. i think that there's a system in washington, d.c., that is deeply disconnected from the real lives and experiences of border communities and the migrants who seek to come to this country. but what i would like, margaret, is for them to learn. >> president biden acknowledged you as the lead co-author of bipartisan infrastructure bill. he called you the most determined woman i know. leader mcconnell said you're the most effective first term senator i've seen in my time in the senate. what would you want to get done in a second term? >> immigration. you know, it's been part of my life's work. folks who know me for a long time in arizona know i started my career as social worker and when i started my career as a social worker i worked at an immigrant refugee community. that was many years ago. it has been really important to me my entire life. oong past 2024? >> no. i would like to do it before
8:51 am
then. our state has suffered the last 40 years because of the federal government's failure to do anything about it and we're facing the worst crisis of my life right now with immigration. i want to do it now. >> we'll have more of our conversation with the senator in our next half hour and we'll be back in one minute. i am here because they revolutionized immunotherapy. i am here because they saw how cancer adapts to different oxygen levels and starved it. i am here because they switched off egfr gene mutation and stopped the growth of tumor cells. there's a place that's making one advanced cancer discovery after another for 75 years. i am here... i am here.... because of dana-farber. what we do here changes lives everywhere. i am here.
8:52 am
hi, i'm jason and i've lost 202 pounds on golo. when you have to get wheeled through the airport because you're too heavy to make it and you have extreme pain, you have to make a change. golo enabled me to make that change. golo is real and it changes your life. in preparation for our trip here to sedona, arizona, and the conversation with senator sinema, we looked back through the "face the nation" archives to see what late senator john mccain had to say about immigration. here's what he said in 2007. >> whenever there's been a wave of immigration in this country, whether it's legal or illegal, there's been a certain backlash, all the way back to the irish need not apply, to the signs at stores in 19th century. and unfortunately, in some ways, it's gotten, i think, too emotional and intense.
8:53 am
americans want the border secured, so we have to secure the borders first. they didn't trust us or believe us when we said we would do it, so we have to do that first. let me add, as i pointed out, they are god's children. there are people who are being abused as we are speaking, who are human beings and people who are bad people, having them work and not paying them, people are being exploited, the coyotes are doing terrible things, shootouts on our freeways in arizona, emergency rooms overcrowded, safe houses, terrible things happen. there is a humanitarian side and maybe we ought to take that in consideration. >> and it's still an emotional issue and the challenges from 12 years ago still haven't found solutions. we'll be right back. this portion of "face the nation" is brought to you by charles schwab. own your tomorrow.
8:54 am
i remember when i first started flying, and we would experience turbulence. i would watch the flight attendants. if they're not nervous, then i'm not going to be nervous. financially, i'm the flight attendant in that situation. the relief that comes over people once they know they've got a guide to help them through, i definitely feel privileged to be in that position. ♪♪
8:55 am
♪ with wet amd, sometimes i worry my world is getting smaller because of my sight. but now, i can open up my world with vabysmo. vaed treatment i can open up my world for people with wet amd that improves vision and delivers a chance for up to 4 months between treatments. which means doing more of what i love. ♪ vabysmo is the only treatment designed to block 2 causes of wet amd. vabysmo is an eye injection. don't take it if you have an infection or active swelling in or around your eye, or are allergic to it or any of its ingredients. treatments like vabysmo can cause eye infection or retinal detachment. vabysmo may cause a temporary increase in eye pressure after receiving the injection. although uncommon, there is a potential risk of heart attack or stroke associated with blood clots. open up your world! a chance for up to 4 months between treatments with vabysmo.
8:56 am
ask your doctor. you can find the full version of our conversation with senator sinema and other interviews on our website, face the nation.com or our youtube channel. we'll be right back. ® tri-zone. ♪ (oh, oh, oh, ozempic®!) ♪ in my ozempic® tri-zone, i lowered my a1c, cv risk, and lost some weight. ozempic® provides powerful a1c reduction. in studies, the majority of people reached an a1c under 7 and maintained it. ozempic® lowers the risk of major cardiovascular events such as stroke, heart attack, or death in adults also with known heart disease. and you may lose weight. adults lost up to 14 pounds. ozempic® isn't for people with type 1 diabetes. don't share needles or pens, or reuse needles. don't take ozempic® if you or your family ever had medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2, or if allergic to it. stop ozempic® and get medical help right away
8:57 am
if you get a lump or swelling in your neck, severe stomach pain, or an allergic reaction. serious side effects may include pancreatitis. gallbladder problems may occur. tell your provider about vision problems or changes. taking ozempic® with a sulfonylurea or insulin may increase low blood sugar risk. side effects like nausea, vomiting, and diarrhea may lead to dehydration, which may worsen kidney problems. join the millions already taking ozempic®. ask your health care provider about the ozempic® tri-zone. you may pay as little as $25 for a 3-month prescription. mass general brigham -- when you need some of the brightest minds in medicine. this is a leading healthcare system with five nationally ranked hospitals, including two world-renowned academic medical centers. in boston, where biotech innovates daily
8:58 am
and our doctors teach at harvard medical school and the physicians doing the world-changing research are the ones providing care. ♪♪ there's only one mass general brigham. we'll be right back with more of our conversation with senator sinema who weighs in on the debt ceiling negotiations and we'll also be joined by the chair of the finance committee, congressman patrick mchenry. stay with us.
8:59 am
9:00 am
welcome back to "face the nation." here's more of our conversation with senator kyrsten sinema in sedona, last week. >> i want to ask you about a quote that stood out toe in a recent "new york times" profile of you. it quotes you as saying one of the big problems in negotiations is that often some not exclusively men, but often men, are so busy talking about what they need, they're not spending any time hearing what someone else needs. if you give them what they need, you can get what you want. so on may 9th, five men, including president of the united states and four congressional leaders, are going to meet to discuss the standoff
9:01 am
over the debt ceiling. you've been listening. ha does a deal look like? >> i've been disappointed with the conversations up to date. both parties are talking without listening to each other. they're just talking right past each other, right. president biden says i want a clean debt limit to meet the full faith and responsibility of the united states of america. to be clear he's correct. we must meet the full faith and credit of the united states of america. that is our duty. however it's not correct to assume or to pretend that either party is used to or always is willing to pass a debt limit without conditions. both parties have played this game for years. and so we're in a situation where one party is saying they will not negotiate at all with the other party. i think that's a dangerous place to be. one, it's not realistic. and two, that is not going -- it's just not going to happen.
9:02 am
so kevin mccarthy, as we all saw, took him a long time to become speaker, barely squeaked by with the votes. had to make a lot of concessions to get the job. he has a very, very, very narrow road to walk. he has to thread a needle where he can get the votes he needs to pass a debt limit increase and continue to be speaker. now, there have been sounds coming out from the republican conference and the house for months, patrick mchenry, the chair of the house financial services committee, patrick has been talking for months about what a deal could look like. people have not been listening. they should be. i think folks should actually say, let's hear these options. the reality is, the bill that kevin and his colleagues passed through the house is not going to be the sotion. thotes do notxist in th ngsotlutierenate tosat presidens
9:03 am
theotes don't s the t guyet int e listen to what other needs, the more likely they are to solve this challenge and protect the full faith and credit of the united states of america. we're in really shaky ground right now. >> now we have june 1st as the date according to the treasury secretary. do you think that gives enough time for a broad agreement if there's been no talking to date, how do they get it done? >> they could get it done. >> by june 1 past. well in advance before a default. >> it would be a challenge. it would require both speaker mccarthy and the president and their representative party machines to kind of drop the facade, you know, like where they are at right now and sit down and talk about brass tacks. what does kevin need to deliver the votes and what does the president need in order to feel comfortable of full faith and credit of the unitedstates of america. get to that point and then
9:04 am
figure out a way to give each man what he needs. >> are you weighing in on this at all? >> i have conversations with my colleagues every day. >> that sounds like a yes. back in 2011, it was a senator who helped deliver, you know, coming back from the brink, the last time there was the risk of default, leader mcconnell jumped in. right now it doesn't look like he's jumping in. >> i don't think he can. >> why? >> well, i don't think a solution negotiated by senator mcconnell would carry the kind of weight that is needed with house republican members. i think senator mcconnell knows that. >> he's saying talk to the house. they'll all be in the room may 9th and see what happens. >> that's right. >> our full conversation with senator sinema is on our website and youtube channel. we turn to the chairman of the house financial services committee, patrick mchenry.
9:05 am
good morning. >> good morning. >> the senator previewed some of your proposals here. i want to talk to you in depth about that. just level set for us here, because we have the congressional leaders getting in the same room with the president tuesday. you said in march you've never been more pessimistic about negotiations. where is your confidence level today? >> instead of being at the depths of the ocean i'm merely drowning. if that tells you. my level of optimism is from complete and utter pessimism, anything could get done, to some level of modest pessimism now. what's changed since that interview is that the house acted. we passed a debt ceiling increase with a republican plan attached to it, talks about growth -- >> just barely. >> but we did. it's a narrow house, it's going to be a narrow vote. we dealt with growth, we dealt with immediate spending and long-term savings. so a balance program here. we've sent this over to the senate. the president said show us your plan. we've not only shown up with a
9:06 am
plan and passed a plan. the senate can't do with 43 saying we're not going along with a schumer clean debt increase, the biden plan, now president biden has to come to solution. he needs to listen to his economic advisors, not political advisors, and take this seriously given the late stage that we're currently in. >> you were just referencing a letter that was signed on to by a number of senators including minority leader mcconnell who seems to be throwing his weight behind the speaker of the house. what does a bipartisan deal actually look like? >> it looks a lot like the bill that we passed out of the house. it touches growth, it touches -- >> that's dead on arrival in the senate, you know that. >> we sent a significant large bill that brings down the cost of government by $4.5 trillion over the next decade. it's big, yes, but we sent growth, short-term cap on spending so we can fund our government for the next two years without drama and then
9:07 am
long-term savings. pairing of one, two, three that's what a deal looks like. i've talked to a lot of senators, democrats and republicans in the house and senate, to try see what a deal would look like. at this stage of the game, the one key ingredient i don't have is with the administration, what would come to terms with. we have to have something that can pass that addresses our fiscal house at a time where we have record inflation and record federal spending and we need something that can both pass with republicans and democrats. >> exactly. it has to be bipartisan. and you acknowledge it's going to be likely a narrow vote in the house with the vote you did get through, there were four republicans against it, two of them have said they will never vote to raise the debt ceiling, tim bur chant and andy biggs. compromise is you have to get here -- >> you're saying this to a member of the house that passed a debt ceiling increase and a president who would not have a second meeting with the speaker of the house. the first meeting was february 1st, we're 100 days past. everyone knows in divided
9:08 am
government you have to negotiate and the president says he will not negotiate. so the absurdity of the position the president has put himself in where he is playing politics with the economy, is markedly different than previous debt ceiling increases where republicans have been viewed as the recalcitrants and we've done something and the m says we're not going to talk. >> the treasury secretary says it's you all putting a gun to the head of the american economy. that's what she said. she's -- >> hell of a statement on a day like today that shows it's about politics for this administration. >> u.s. treasury the bedrock of the financial system, you know that, don't you need to say default is off the table? >> that's what we did by passing a plan. the president did not think we could pass a plan out of the house, so therefore, he said, it's a clean debt ceiling or nothing. and so a clean debt ceiling is off the table with republicans in the house and senate saying time to negotiate between the speaker and the president. that's all we're saying.
9:09 am
the speaker has not laid down a red line. that's been done in previous iterations by democrats and republicans in the legislative branch. he didn't do that. there are no red lines other than the fact that we must address our fiscal house at a time where federal spending is up 40% from pre-covid levels. it's raj thing for us to do. that's what american people say, three out of four say the president should negotiate with the speaker to address our fiscal house. >> is the short-term lift of the debt ceiling off the table? >> i think everything is on the table. the key thing that has to be in this equation is addressing our fiscal house, short term and long term. >> on the banking sector right now, last time you were here you mentioned concern about some of the smaller banks in america, community banks, being endanger thegovernmehe fdic sold first republic to jp morgan chase, the country's largest bank got even bigger here. are you going to take action to address some of this? there's concern on both sides of
9:10 am
the aisle about big banks getting bigger? >> yes. the way we have to do this is, i agree with michael barr, we have liquidity more quickly for the smaller banks, make sure that we have a healthy banking arrangement across the spectrum and we have to ensure the banking models can exist in a society where bank runs can happen more quickly than ever before. but let's get to the fundamentals here. if we look at the reason why these banks, the three of the 30 largest banks in america failed in the last two months, it's because of interest rate sensitivity of their balance sheet which means they misjudged inflation. the fed misjudged inflation. they admitted it and they're behind the curve. the administration has been asleep at the switch for the supervisors of these institutions. the root cause of this is inflation and if we can address inflation it gets to the disease rather than functioning -- addressing the symptoms.
9:11 am
>> management choices andirave been a factor here when it came to the ceos who ran these institutions. >> absolutely. >> are you going to call them in for testimony? >> two weeks before the house financial services committee. this was going to be an important hearing. in the next two months the house financial services committee will have the ceos in, reg glatszers in including secretary yellen and chair powell at the end of june we'll have humry hawkins in to hear from the chair of the federal reserve jay powell. those are important dates given the state of banking in america today. >> all the pieces affecting the economy right now. i want to ask you about the stability of the banking sector because you had jaime dimon and jay powell, two important people saying banks are solid and then we saw all the volatility in the marketplace again this week, california,'s pac west, arizona's western alliance, those two regional banks under
9:12 am
pressure. are we going to see more goernment rescues? >> unfortunately, we're not out of the bu whateps need to understand since 1933 when we enacted and created the federal deposit insurance commission insured deposits never had a loss. 99% of accounts in america are under the cap level and 99% of the deposits in america are safe and sound. what we have to do is address over a period of time the safety and stability of smaller banks, in a time where the market is judging their business model, their interest rate sensitivity and the assumption regulators will require more capital for these banks to exist, they're making big assumptions. the stability of the accounts are there. >> you've got your work cut out for you. good to have you on the program today. we'll be watching may 9th and we'll be right back.
9:13 am
meet mixtiles! they stick and restick. choose from dozens of sizes, frames and styles. go to mixtiles.com, upload pictures, pick a fancy frame and voila! order now and get up to 50% off.
9:14 am
9:15 am
late last week north carolina's republican led ledge ta tour passed a bill to limit abortion access in the state. well we want to go to the state's democratic governor roy cooper who joins us from raleigh. good morning. >> good morning, margaret. >> to make it clear, abortion is permitted up to 20 weeks of pregnancy in your state. this bill out of your legislature would bring it to 12 weeks, which according to the cdc would still allow more than 90% of abortions to continue. republicans say they'r offering a middle ground here. why do you think the bill is too restrictive? >> they've dressed this up as a 12-week ban, but it's really not. they rammed through a bill in 48 hours with no public input, with no amendments, that drastically reduces access to reproductive freedom for women. it will effectively ban many abortions altogether because of the obstacles they have created
9:16 am
for women, for clinics, and for doctors. they have tried to disguise the disastrous impacts of this bill, but we're going to expose them. this bill has nothing to do with making women safer. it has everything to do with banning abortions. >> well -- >> you only need -- >> just to -- >> go ahead. >> so our viewers can follow along with you here. the bill would cut it off at the end of the first trimester 12 weeks. there would be an allowance for abortion up to 20 weeks in the case of rape and incest, 24 weeks for fetal abnormalities. you're talking about number of times you have to visit a doctor, information a woman would have to share publicly. >> for sure. and also, in fact, for medication abortion, the bill specifically limits it to 10 weeks and with these additional requirements of three in-person visits that doctors have said are medically unnecessary, with
9:17 am
more requirements put on clinics that are already strained with four-week backlogs of people, north carolina has become an access point in the southeast. what this legislation is going to do is going to prevent many women from getting abortions at any time during their pregnancy because of the obstructions they have put here. many of these clinics are working very hard to treat women and now they're going to have many new medically unnecessary requirements that i think many of them will have to close. >> north carolina has become a haven in the south because so many of your surrounding states have severely restricted access. i know that you have and we're showing a map there to show where you are at the moment, but you have vowed to veto this bill. but your state legislature has a super majority that could override it. what is your plan to stop them?
9:18 am
>> first, we only need one republican to keep a promise, at least four republican legislators made promise that they would protect women's reproductive freedom. they only have a super majority by one vote in the senate and one vote in the house. we've seen republicans across the country step up, step up in south carolina, we saw them step up in nebraska, because they know that people don't want abortion bans. that's what this bill is. >> why would they respond -- >> the more -- >> why would they respond to your public calling out? >> they don't have to answer to me. they have to answer to their constituents. what i'm doing is trying to educate the public about the disaster that this bill is, and i'm going to go into their districts, and i'm going into their districts this week, we're going to have forums with doctors and advocates and women who care deeply about the
9:19 am
restrictions in this legislation, and we're going to educate the public. they kept this bill under lock and key. they wouldn't let their own members take a copy out. the public only saw it for 48 hours. it's 46 pages long. and it creates so many problems for women and clinics, it will operate as an effective ban and we're not going to let thu them disguise this as something reasonable when it's not. >> compared to some of your surrounding states, 12 weeks is more permissive. >> if it were 12 weeks, but it's not a 12-week ban. >> okay. you don't have the votes to codify abortion access in the state of north carolina. why have democrats -- >> we do not. >> so why have democrats been so out maneuvered on this issue? this just seems to be that even if you get rid of this bill you will have this fight again and again and again. where is the compromise? >> so the problem is, we have
9:20 am
super gerrymandered districts and the democrats are in a super minority. every single democrat has signed a bill to enact roe v. wade standards we're all standing together and fighting. what we have to do now is defend ourselves from these right wing politicians who want to go into the exam room with women and their doctors. you know these right wing politicians make crappy doctors and gone in andefed medical doctors. doctors are saying what in the world does that mean. what we're going to do is call them out. look, there are four republicans, four republicans, who said they would protect women's reproductive freedoms during the campaign. all we need is one of them and we can block this disastrous legislation and then we can wait for the next battle. what we're going to do is continue to work to protect women's reproductive freedom in north carolina. >> just going to be on the defensive there. i mean, how does this actually get resolved? can you hold a referendum and do
9:21 am
anything? if you say the public is with you, how do you find a compromise? >> we're not a referendum state. we have gerrymandered districts. we have a republican majority. thank goodness i'm a democratic governor to rally the troops. for four years, i have kept abortion legislation from becoming law that republicans have passed, but in this ele election cycle they gained a super majority by one vote in each chamber. now we've held the line for four years, but if we can get a republican to say look, this is not right. >> yeah. >> like they did in south carolina and in nebraska and their constituents the more they learn, the more they are going to demand that these republican legislators step up. >> governor, we'll leave it there and back in a moment.
9:22 am
[ha-ha-ha-ha..yeah]
9:23 am
♪♪ alex! mateo, hey how's business? great. you know that loan has really worked wonders. that's what u.s. bank is for. and you're growing in california? -yup, socal, norcal... -monterey? -all day. -a branch in ventura? that's for sure-ah. atms in fresno? fres-yes. encinitas? yes, indeed-us. anaheim? big time. more guacamole? i'm on a roll-ay. how about you? i'm just visiting. u.s. bank. ranked #1 in customer satisfaction with retail banking in california by j.d. power. the fighting in ukraine has sbes fide as kyiv launches drones in crimea ahead of an ex offensive against russia. foreign correspondent charlie d'agata is in dnipro with more. >> reporter: the battle for
9:24 am
bakhmut has burst into flames. ukraine accusing the wagner mercenary group of using banned incendiary weapons, posting videos as proof, deploying them in civilian areas is a war crime. a ferocious parting shot at the head of wagner declares he's pulling his forces out of bakhmut by wednesday following a rant against russian defense officials in front of dozens of corpses of his men saying their blood is still warm, blaming their deaths on a severe lack of ammunition. the death toll after ten months of fighting has run into the thousands, unsustainable losses from both sides. a sea of ukrainian flags fly over the final resting place of the country's war dead. the ukrainian government never reveals the true death toll of those soldiers killed in action.
9:25 am
but these fresh graves tell their own story including those they're preparing to fill. ahead of the looming ukrainian counter offensive, russia has gone on the offensive. the u.s. state department clocked more than 150 air strikes since the start of may. ukraine has stepped up its attacks striking fuel depots on russian territory. it's still not clear who was behind the attempted drone strike of the kremlin on wednesday but u.s. officials and ukrainian experts tell cbs news it had to be launched from inside russia. maybe not the terrorist act to kill putin the kremlin says it is. but it's an embarrassment ahead of a show of power for the president's moscow's victory parade, a symbol of russian military might while the bloody battlefields of ukraine tell a different story.
9:26 am
although the moscow parade is scheduled on tuesday, more than 20 parades across russia have been canceled citing security concerns. although there are questions about whether there are enough troops and equipment to put on display. margaret? >> charlie d'agata thank you. we'll be right back. , thank you. we'll be right back.
9:27 am
when zach was five years old, i started noticing just some o
9:28 am
that's it for us today. thank you for watching. for "face the nation," i'm margaret brennan.
9:29 am
9:30 am
- protecting your identity in today's world is more important and more difficult than ever. what if someone stole your identity? and once they did it, they used it to create a fake id with their picture and your information. then they committed a burglary got caught and skipped bail. could you be arrested for it? that's exactly what happened to this man. this is dav. he was driving to work one day, but never made it. instead he was hauled off to jail for a crime he didn't commit, all because he was a victim of identity theft. - i was fingerprinted and put in a cell for hours. - i'm tom morris, jr. and i'm here to tell you that identity theft is real and it can wreak havoc in your life. there are victims all over the country, people on the hook for loans, they never took out,