hagerty: thank you, mr. president. i would just like to thank my colleagues graham, boozman and lankford for being here this evening to support this effort. we need to make certain that our nation's capital doesn't become a national embarrassment. we need to make certain that we send a strong message that the american public has had it with crime in america, the crime spree that's happening in our major cities must come to an end. we're putting a marker in the ground tomorrow, and i want to thank all my colleagues, both

so my thanks to senator hagerty for your leadership on this resolution. and with that, madam chair, i yield the floor. >> the senator from wyoming. >> i come to the floor today to talk about this soft on crime policy of democrats in washington, d.c. in 2020, delegates all across the country started their movements to defund the police. almost immediately weasel burning cities across the country from the east coast all the way down to portland oregon. and critic leaders turned their backs on police officers all across the country. as a result, officers began to retire or resign and they did so in record numbers. the results were as painful as they were predictable. violent crimes skyrocketed all across america. we saw the fastest murder rate increase in the history. homicide rose to be 25 year high. this is no surprise. if police officers are not able to do their jobs, the streets each town in america are not safe. today on the floor, madam president, senate republicans are going to act to stop this recklessness. thanks to the leadership of senator hagerty

hagerty: thank you so much.don: i want to start with the most consequential issue of our time, the chinese ruler xi jinping is preparing for war. biggest military old up since the second world war and he is preparing the civilians of china for war. we need someone to help and protect us. why isn't a white house doing that? sen. hagerty: it's amazing to me the biden administration hasn't learned the most fundamental lesson from the trump administration. president trump understood this clearly, to deal with china, to deal with communist china, you must deal from a position of absolute strength. the biden administration has tried to negotiate from a position of weakness. if you ask someone to solve the equation pair china wins every time and america loses every time, the biden administration would get a plus on that paper. they believe that by turning the other cheek, that is going to make china turn our way it's absolutely not the case. gordon: we know that china is attacking us with fentanyl. the statistics it wi

but we have great defenders like bill hagerty.ator, thank you for defending our country. >> thank you so much. rex -- >> i want to start with the most consequential issue of our time, the rumors that xi jinping is preparing for war, sponsoring the biggest buildup since the second world war, declaring his war cabinet and preparing china's civilians for war. but we need someone to help us and protect us. why is the white house not doing that? >> it is amazing to me that the biden administration has not learned the most fundamental lesson from the trip fundamental lesson from the trump administration. -- trump administration. absolute strength. the biden administration has tried to negotiate from a position of weakness. if you ask someone to solve the equation pair china wins every time and america loses every time, the biden administration would get a plus on that paper. they believe that by turning the other cheek, that is going to make china turn our way it's absolutely not the case. gordon: we know that china is attacking us with

but we have great offenders like bill hagerty., thank you for defending our country. >> thanks so much. >> i want to start with the most consequential issue of our time, the rumors that xi jinping is preparing for war, sponsoring the biggest buildup since the second world war, declaring his work cap date, and preparing china's civilians for war. but we need someone to help us and protect us. why is not the white -- is the white house not doing that? >> it is amazing to me that the biden administration has not learned the most fundamental lesson from the trip administration. as in a trump understood this clearly. the deal with communist china to deal with them, you must deal with the position of absolute strength. and what they have tried to do in the biden administration is negotiate from weakness. if you ask somebody to solve the equation where china wins over time and the loop -- u.s. loses every time, at every instant, the biden administration to get that na+. they seem to be solving in favor of china and putting us at a disadv

hagerty: thank you so much.ssue of our time, the chinese ruler xi jinping is preparing for war. biggest military old up since the second world war and he is preparing the civilians of china for war. we need someone to help and protect us. why isn't a white house doing that? sen. hagerty: it's amazing to me the biden administration hasn't learned the most fundamental lesson from the trump administration. president trump understood this clearly, to deal with china, to deal with communist china, you must deal from a position of absolute strength. the biden administration has tried to negotiate from a position of weakness. if you ask someone to solve the equation pair china wins every time and america loses every time, the biden administration would get a plus on that paper. they believe that by turning the other cheek, that is going to make china turn our way it's absolutely not the case. gordon: we know that china is attacking us with fentanyl. the statistics it will be about 80,000 americans who died from doses o

hagerty: is the review underway and i appreciate the context. a willingness to under the tailoring requirements that were enacted as part of 2155. i understand nothing has been finalized regarding the regulations. the fed's general counsel yesterday alluded to undoing 2155 by "pushing down" the requirements on banks that were given relief in the bill. the banking regulators themselves cannot ignore or enforce the laws. the details of the study have not been finalized or made public. 50 proposal put forward -- 50 proposal put forward of s 125, would you vote for it? chair. powell: i can't answer that. we are very strongly committed to tailoring. anything we do is going to reflect tailoring institutions according to her wrists. -- they are risks. sen. hagerty: the legislative intent and the concerns that we maintain that in the face of what general counsel said yesterday, i appreciate your perspective in keeping that in place. my next question underscoring the importance of independence of the fed's monetary policy. the economic picture is about a

but we have some great defenders like bill hagerty,. senator, thank you for defending our country. i want to start with the most consequential issue of our time. chinese rulers xi jinping is preparing for war. he has sponsored the biggest military buildup since the second world war. he has declared his war cabinet and he is preparing china's civilians for war. but we need someone to help us and protect us. why is the white house doing that? >> it is amazing to me that the hasn't learned the most fundamental lesson from the trump administration -- the trump administration. to deal with china, to deal with communist china, you must deal from a position of absolute strength. what the biden administration has done was try to negotiate from a position of weakness. if you asked someone to solve the equation where china wins every time and the u.s. loses every time, in every instant, the biden administration gets an a plus. they are putting us at a disadvantage. somehow they believe by turning the other cheek that is going to make china turn our way. that is not the case. >> we know china

madam chair. >> thank you senator peters and senator hagerty.u are not here when the attorney general and i, and senator moran all expressed our condolences to the families of tennessee. >> i certainly heard the comments, chair. i very much appreciate that. and likewise, general garland, i appreciate the conversation i had with you yesterday. and your opening remarks today and the sympathies that you conveyed. this is an unspeakable active evil. it is a depraved murderers gruesome actions that have led to the deaths of 39 year old children. and three adults in my hometown, my home state of nashville, tennessee. i join my friends, the families there, the communities, in mourning for the victims, their families, for the covenant church community. and for the city of nashville in the state of tennessee. i appreciate the outpouring of condolences that have come from every direction. i'd also like to take the opportunity to speak to the bravery and the heroism of the national police department. i know you've been in contact with the police department

. >> senator hagerty. >> thank, you mister chairman.i'm going to move quickly, we've got a lot to cover here. secretary chairman, my question is gonna be directed to you, and welcome. the seven-day chinese spy balloon incident was one of the most visible, persistent, and egregious violations of u.s. sovereignty airspace since the 9/11 tires tax. it was shocking for me to see, in realtime, the chinese spy balloon fly with impunity over the states that are home to some of america's most sensitive military nuclear weapons sites, including, my home state, tennessee. but the chinese communist party is also responsible for less visible, but nevertheless deadly violations of american soft oil. this is taking place every day. the stone about china's exploitation of fentanyl chemical producers. the cdc found that over 100,000 americans died of drug overdoses in 2021, the vast majority of those deaths, over 71, 000, our deaths from fentanyl. the dea has reported that china has a primary source of the federal related substances, they are trafficke

a trip i made to japan with senator hagerty former ambassador to japan and ben cardin every single government official said, can we get back to ppp? tom carper from delaware who traded off the ranking member or chairman of the trades committee of the finance committee had a number of op-ed pieces and spoke publicly together that we need to get back to these trade agreements. that is a source of cohesion. it's also a source of great strength in the region at a time when we need it and the prc is taking advantage of our failure to get our act together. i am a big believer countries that trade together much more likely to fight each other. it's no question a good thing and something we need to get back to you. i am a little concerned, i told lincoln biden administration considers this a priority right now. we tend to keep pushing and keep advocating for something along those lines. >> it is often been said trade policy is foreign policy. >> i believe it. our next question at junior whose it intellectual major. certainly knows the topic. what is your opinion on how the biden administration is sta

. >> senator hagerty of tennessee is recognized >> thank you mr chairman and i want to thank our witnesses for being here today and including professor udav who's from my home state of tennessee and also from my alma mater of vanderbilt welcome to all of you i think it's imperative that we continue to discuss digital assets because america's national and economic security are greatly enhanced by the preeminence of our financial system and in order to maintain this immense competitive advantage we've got to stay abreast of innovation. this involves embracing technological advancements as unusual as they may seem in order to preserve our economic strength and our strength as an ally and an enforcer on the global stage. blockchain technology represents one of these areas of rapid innovation and rather than incentivize their movement offshore we should work to foster a safe and certain environment for them to flourish here in the united states. professor jing i'd like to start with you in your testimony you highlighted the importance of payment tokens like stable coins to the digital asset eco

but because of the good work of senator hagerty, my colleague from tennessee, we did have the resolutionf disapproval. we have passed it, the president is not going to veto it. it is appropriate for us to override it. if there were a try to veto it. you know, trey, what we know is that this administration is anti-the rule of law. that has spread across the country. but the people are beginning to speak up. to push back. because they are tired of this disrespect for law enforcement and tired of villains made to be law enforcement -- made -- law enforcement made to be villains, they are tired of criminals made to be heroes, what they want to see is respect for the rule of law. they want to feel safe in their communities. they definitely are tired of two-tiers of justice, they are fed up with some of these can ko kocouncils and city governments, that try to make illegal activity legal. trey: speaking of two different justice systems, i think that merrick garland was before your judiciary committee, you asked him whether or not there are two different justice systems for so-called protesters

. >> senator hagerty? >> thank you, mister chairman. i'm going to move quickly. have a lot to cover. secretary sherman, my first question is directed to you. welcome. the seven-day chinese spy balloon was one of the most visible, persistent, egregious violations of u.s. sovereignty since the 9/11 terrorist attacks. it was shocking for me to see in realtime the chinese spy balloon fly with impunity over the state to some of the most sensitive nuclear weapons sites including my home state of tennessee. the chinese communist party is responsible for less visible but nevertheless deadly violations of american sovereignty which are taking place every day. i'm talking about china's exportation of fentanyl chemical precursors. the cdc found that over 100,000 americans died of drug overdoses in 2021. the vast majority of those deaths, over 71, 000, our deaths from fentanyl. the dea has reported that china is a primary source of the factional related substances which are trafficked into the united states. my first question to secretary sherman, since taking office, how ma

this time with two republicans, bill hagerty and todd young, voting for him. >> i think those concerns -- i don't think that they rise to the level of disqualifying him. >> reporter: democrats, who were once on the fence, now saying they'll back him. >> i really trust the review of the committee of jurisdiction. they looked at his record, and they have unanimously supported him. that strengthens my review and i will look for him. >> there's nothing definitive in my view that says he should have known in that situation. i'm willing to give him the benefit of the doubt. >> reporter: but his confirmation is not guaranteed. with several senators in both parties still undecided. have you made up your mind or eric garcetti? >> not yet. >> what are you weighing at this point? >> i want to talk to him face-to-face. >> i have heard concerns. i'll take a look at his full record, the same as any nominee. >> reporter: and another wild card is attendance here in the u.s. senate. we obviously don't know when mitch mcconnell, the minority leader is going to return to the senate. nor do we know when j

joining me right now tennessee senator bill hagerty member bank housing urban affairs he foreign relacings as well as appropriations committee senator good to see you. thanks very much for being here you spearhead this had in senate tell me more about that, an the president's stance on it. >> well, it is amazing to think that the d.c. council after two years of work on o rormg their crime bill has come up with a situation going to lower penalties for major crimes in the district the district of columbia basically a wave of crime right now, carjacking trimmed over past three years homicides exceed 200 per year d.c. government response to hand out car locks wheel locks to people who are worried about getting a car stolen reminds we're seeing crime wave this federal district of columbia i've got constituents every day, my staff, i am there working every week the district needs to be safe not embarrassment not nation, when d.c. council passes a law like this in fact the mayor vetoed it saying not making district safer i am not going to allow it to stand, i have responsibility on appropriations

. >> thank you senator hagerty. senator van hollen. sec. blinken: -- >> thank you for your support of the men and women at the state department, including the foreign service as well as the civil service. a few years ago i teamed up with my colleague, senator sullivan, and we passed with the support of members of this committee and the senate, the foreign service families act, which is designed to help us continue to retain and recruit the finest diplomatic corps in the world. we are in the implementation process, my staff just met with your team yesterday, we are pleased with the progress being made, and i'm just asking for your assurance today that we will continue to implement those partnerships that are still in progress. sec. blinken: yes absolutely because it is critical that we be able to attract and retain the best talent available. this is an important component of that because it is something you have known and lived as much as anyone, this is a family enterprise. it is not simply the foreign service officer that is there. it is t

lindsey graham, big hagerty, susan collins, steve danes, todd young, roger marshall, and bill cassidyere were three democrats who opposed him. mark kelly of arizona telling me earlier he does not believe garcetti acted soon enough in these issues. and mazie hirono said new credible information emerged in recent days about eric garcetti. she refused to say what the information was but was one of a handful of democrats voting no. they were not enough to stop the nomination which was confirmed on the support of both republicans and democrats. guys? >> all right. manu raju, thank you. >>> a texas judge just finished hearing arguments in the most significant legal dispute concerning abortion since the supreme court overturned roe v. wade last summer. he is considering a lawsuit filed on behalf of anti-abortion groups who want to end access to the most commonly used abortion pills. >> the fda authorized the use of mifepristone nearly 20 years ago, but groups are arguing it was not lawfully approved. in today's hearing the trump-appointed judge's line of questioning seemed to suggest he is o

. >> senator hagerty from tennessee is recognized. >> if you would allow me a moment to speak to the tragedy that occurred at the school in nashville yesterday. a depraved person, a sick person executed tragic act. and it yielded terrible results. the entire community is morning. morning for the families and for those concerned. i want to commend the bravery of the police department. bring the situation under control. i want to knowledge their sacrifices. let's turn to the matter at hand. i know politics in washington always seizes upon any crisis is number two and to achieve whatever regulatory or legislative opportunity or goal that may be in front of them. i would like to talk about managerial execution. i would like to talk through series of events that followed. silicon valley bank was taken into receivership that gave the fdic three days. you had tremendous resources. years of experience on the board yourself. over 5000 employees in interest from a number of banks to bid including formal offers. the fdic used to guarantee both. the ftse is announced the sale of less than half t

in my recent trip to japan with senator hagerty and senator cardin, every government official in japan brought up the transpacific partnership. if we are not there, involved in making the rules, working with our allies, we know who will be, which is prc. we are financing our military as a matter of at least annual discussion. as i mentioned to you, one of the things that concerns me the most is a failure to have a meaningful conversation about what the threats look like, what posture we need to take, as opposed to what the top line of spending is. that seems to be the debate every time we talk about defense appropriations or omnibus appropriations bill. do we have parity with non-defense discretionary? i would rather we live in a world where we figure out what the threats are, what our strategy is to deal with them, as opposed to saying here is the top line, you figure it out. united states remains a global power. the challenges we face are much different than any other country in the world because we are a global power. right now, i don't see anything that gives me a great deal of com

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president obama was right about as a trans-pacific partnership, in my recent trip to japan with senator hagerty and senator cardin. every week government official japan brought up the trans-pacific partnership. so, if we are not there or involved in making the rules, working with our allies, and we know who will be which is prc. but, obviously we are financing our military as a matter of at least annual discussion. and as i mentioned to you, one of the things that concerns me the most is a failure to you have a meaningful conversation about what the threats, with the threats look like and what posture we need to take. as opposed to what the top line of spending is. that seems to be they debate every time we talk about defense appropriations, i'm nervous appropriation bill. do we have parity with the non defense discretionary we? i'd rather we live in a world where we figure out what the threats are. what our strategy is to deal with them. and as opposed to saying, here's the top line and you go figure it out. but, we obviously the united states remains a global power that challenges challenges

. >> in april 2022 you testified to senator hagerty that the hunter biden investigation was assigned as you just now told me to the delaware attorney's office, however that could be misleading because without special counsel authority he could need permission of another u.s. attorney in certain circumstances to bring charges outside the district of delaware. i would like clarification from you with respect to these concerns. >> the u.s. attorney in delaware has been advised that he has full authority to make those kind of referrals that you're talking about or to bring cases in other jurisdictions if he feels it's necessary and i would assure you if he does, i would do that. >> does it lack independent charging authority over certain criminal allegations over the president's son outside of the district of delaware? >> he would have to bring -- if it's in another district, he would have to bring the case in another district, but as i said, i promise to ensure that he's able to carry out his investigation and that he be able to run it, and if he needs to bring in another jurisdiction h

senator bill hagerty called the gambit to pull back a "made up maneuver." he says a city cannot avoid accountability. expect a vote on wednesday. >> john: chad pergram will talk more about this with senator john cornyn as well. as to whether or not they will go ahead with all of this, we will see. thank you. >> so this is a national network and international group of people that are organized to come to our state all but two are from out of state. and 23 individuals have been charged with domestic terrorism. protesters use words, writers use violence. >> gillian: new questions about the identity of the protesters that attacked atlanta police officers and their $90 million training facility after police say 35 people have been detained after they storm the side and set fire to policing construction vehicles throwing molotov cocktails at officers. fox team coverage begins now, leo terrel is standing by first, we go to charles watson who is in atlanta. what are you learning about the protesters. >> yes, hey, good afternoon. authorities tell us that both of the

at the same time, republican tennessee senators marsha blackburn and bill hagerty introduced the safe school act. the calls for hiring veterans and former police officers to serve as school safety officers. hundreds of community members rallied at the tennessee state capitol demanding gun reform four days after the mass shooting in nashville that left 39 year old students and three adults dead at the covenant school. the 28 year old shooter carried two assault rifles and a handgun protesters surrounded the statehouse and voice their demands to lawmakers inside here at home, the independent monitor overseeing the oakland police department's latest report concludes, the department is facing very serious questions about its capacity to police itself. the monitor, robert warshaw said while the department has made progress in its technical compliance, cultural deficiencies are lingering. this follows the firing of chief laurent armstrong last month report commissioned by warshaw found the chief failed to hold the sergeant responsible for two incidents, one involving the firing of a gun in

a trip i made to japan with senator hagerty former ambassador to japan and ben cardin every single governmentfficial said, can we get back to ppp? tom carper from delaware who traded off the ranking member or chairman of the trades committee of the finance committee had a number of op-ed pieces and spoke publicly together that we need to get back to these trade agreements. that is a source of cohesion. it's also a source of great strength in the region at a time when we need it and the prc is taking advantage of our failure to get our act together. i am a big believer countries that trade together much more likely to fight each other. it's no question a good thing and something we need to get back to you. i am a little concerned, i told lincoln biden administration considers this a priority right now. we tend to keep pushing and keep advocating for something along those lines. >> it is often been said trade policy is foreign policy. >> i believe it. our next question at junior whose it intellectual major. certainly knows the topic. what is your opinion on how the biden administration is start

. >> thank you, senator hagerty.senator van hollen. >> secretary, great to see you and thank you for your support for the men and women at the state department. a few years ago, i teamed up with my colleagues senator sullivan and be passed with supportive members of this committee and the senate the foreign service family act. it is designed to help us continue to retain and recruit the finest diplomatic corps in the world. we are in the implementation process. my staff met with your team yesterday. we are pleased with the progress being made. i am just asking for your assurance that we looking to implement those parts still in progress. sec. blinken: absolutely, because it is critical that we be able to attract and obtain the best talent available. this is an important component of that because it is something you have known that as much as anyone, this is a family enterprise. it is not just the foreign service officer that is there but the entire family. we want to make sure we are finding ways through the act supp

hagerty: thank you, mr. president. the senate will soon take up my resolution to nullify the revised criminal code act recently passed by the d.c. council, a measure that becomes more essential every day as the harrowing reports of lawlessness and deadly violence in our nation's capital steadily accumulate. carjackings in d.c. increased five consecutive years, and have more than tripled in the past three years. for the first time in 20 years, d.c. has experienced back-to-back years with more than 200 homicides. car thefts are up 111% this year. it's got be so bad that the city recently announced it's giving away free steering wheel locks to owners of frequently stolen cars here in the district. instead, how about just enacting laws that stop crime in the first place? sadly, violent crime has become an epidemic in our nation's capital, where our constituents, americans from across the country, and people from around the world, come to live, come to work, and come to visit. from schoolchildren to world war ii veterans. y

>> i think senator hagerty was on fox news yesterday, the sponsor particular bill answers on the reparations committee. he has said he will use his powers there as well, usually appropriations bills are where congress gets into the nitty-gritty of the d.c. law. and, how to make changes to that. i believe that is how they were able to partially rollback legalization of marijuana in the city. and so, we can see some rioters trying to attach the appropriations bill needs to passed by september 30th. unless they pass a temporary extension. certainly that is something that republicans, especially in the house, will want to tackle over the next two years heading up to the 2024 presidential and congressional elections. >> all right, zak cohen, congress border bloomberg government, thank you so much for joining us. >> sure thing. >> let's take a look at white house press secretary kareen jean pierre, she was asked about the administration's opposition to the d.c. crime bill at yesterday's press briefing. >> questions on it is a crime situation, does the white house have a response to city council wa

my colleague from tennessee, senator bill hagerty, has introduced a bill that blocks washington, d.c. dangerous and irresponsible rewrite of their criminal code that lessens punishment for violent crimes. my colleague from south dakota, senator john thune, has introduced a bill to prohibit the president from canceling outstanding federal student loan obligations due to a national emergency. another tool at our behest against this unprecedented expansion of the administrative state is called the congressional review act of disapproval. it sounds kind of bureaucrat and it is but it can be very, very meaningful. as you -- as you know, congress can vote to overturn rules from the executive branch that are classified as overreach. my colleague from indiana, senator mike braun has introduced a cra that would block a recent department of labor rule that would have fiduciaries to consider governance factors. i don't know about you, but most people who are retired and beginning to retire and looking at their accounts they're going to be living on, they would rather see their returns in the mos

at the same time, republican tennessee senators marsha blackburn and bill hagerty introduced the safeiring veterans and former police officers to serve as school safety officers. 20 for governor, gavin newsom launched a new political action committee with a campaign style video. the governor says the campaign for democracy will raise money to fight what he calls authoritarian attacks on free society. he said that it will work to boost democrats up and down the ballot in political races across the country. he cited moves and republican led states to ban abortion, restrict what can be taught in schools and ease gun laws. let me get harder to vote and easier to buy assault weapons. they fan the flames of culture wars to distract from the fact that blue states have lower murder rates, better healthcare outcomes and higher gdp s said he has jumpstarting the pack with $10 million and we'll hit the road with first partner jennifer siebel newsom. the governor tweeted that the fund raised $100,000 in its first two hours happening today. president biden and first lady jill biden are in mississi

. >> senator vance -- sorry, senator hagerty of tennessee. >> thank you, chairman brown.hank you very much, ranking member scott for holding this hearing. chairman, great to see you again here. appreciate your presence. i appreciate the opportunity to talk with you about an item that i am particularly concerned about. that's the holistic view that senator -- just brought up. but share -- generating offense that higher capital requirements are on the horizon for us. as the thing about that in the context we weathered, you think about the situation in 2020, he was like you to realize stress test if you will. i think our financial system navigated that admirably. in the pasture, powell, you told this committee that our financial system is proven resilient through 2020. the capital levels at that point in time. i would note those capital levels are a multi-decade high. or an advocate adequate. i would follow up on those prior statements and see if you still feel that way. >> i guess i would say to you this way, in our system, we have a share of supervision who have statutory

host: let's hear from bill hagerty. he was asked about his opposition to the d.c. crime bill. >> that is amazing to think that the d.c. council has come up with a situation where they can actually lower the penalties. the district of columbia has become a wave of crime right now. carjackings have tripled. the d.c. government's response is to hand out car locks to people worried about getting their car stolen. this is ridiculous. this is the federal district of columbia. i have citizens visiting me every day. the district needs to be a safe place, not an embarrassment to the nation. the mayor even vetoed it saying it did not make them safer. i have a responsibility to the government. we will push back and overturn this. >> your take, the president that he will not tell it and i guess that upset colleagues. >> they love the soft on crime policies. it did not work well. 72% of them agree with me. the d.c. police union agrees with me. they support posture i am taking. we need to get serious about dealing with crime. the council is wanting to encourage it. it is making