it has to stop chairman mike gallagher joins us now.what your committee is doing is one of the most important thing that's tweal happening in congress. how are -- how is china taking advantage of the united states and how are americans funding it? >> well when it comes to our financial relationship with the c ccp our national bipartisan investigation of msic is that american money is flowing into chinese military companies that are building aircraft carriers artillery shells and advance fighting technology so reasonable people can disagree about what the precise nature of our economic relationship with china should be, i don't think anyone in good conscience can support the idea that american money should be funding companies that are building things designed to kill americans in a future conflict. at a broader level it also means that the health of tens of millions of american retirees is increasingly dependent on the success of the chinese communist party totalitarian project that involves committing genocide as well as risking war th

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mike gallagher is with me now, the republican out of wisconsin.ee you, thank you for being here. first on the hotline established by way of tokyo. what is changing in space that would make this necessary, sir? >> well, i think the concern is that it is two-fold. one, we might surrender our advantage in commercial space. we have a historic advantage right now. given the level of investment by the chinese communist party they're set to overtake us in commercial space within the next two years if we continue to have a lazy approach to this. without established rules in space you can see the weaponization of it. we assume they would seek to -- in theory there is nothing wrong with setting up a crisis communication hotline. we have tried to do it on the conventional military side. the problem is the chinese have refused. they refused when the trump administration asked and refusing when the biden administration asked. who will pick up the phone when we call the ccp? >> bill: do you think china has changed their mind on that or not? >> we have had four

great to see you, mike gallagher. hudson remember. marine company one and the mckean fire boat responded to the attacks and now part of the national registry of historic places. fox news senior meteorologist and great reporter in her own right janice dean joins us from the fire boat in stoney point, new york along with the president of the fire boat mckean preservation project stacey wanamaker. take it away, janice. >> janice: what a wonderful, historic place to be on 9/11. tracy, tell me about this boat. >> this is the retired john d. mckean. it served the fdny for 554 years as marine one. and it went into service on 9/11, performeddible heroic actions that day. the people on board saved people from the sea wall in lower manhattan, transported them to new jersey and went back to pump water onto the pile. >> janice: for many days. >> many days three days straight and on and off after that. there was no infrastructure under the pile and the only water for the thousands of wires if a burned came from this boat pumping.

republican presidential debate is on tonight, on fox business with chairman select committee on china mike gallagherling on candidate to make china key issue in op-ed for registrar gallagher writes the republican presidential nomination must properly frame conflict in terms american people can understand president biden may call this strategic competition but be clear the battle with chinese communist party is not a polite tennis match this will dwooip the 21st century, chairman of the house select committee on china mike gallagher good to see you. thanks very much for being here. >> happy feedback with you. >> nikki haley was good on china when she was the u.n. ambassador, do you think the candidates up there understand the issues you are referring to -- >> i think there is a shared view that our top geopolitical threat is china contrast with biden administration views, top geopolitical threat climate change beyond that we haven't seen gotten into differences i know there are different views on that stage, on key issues how and whether we should defend taiwan how we should, put controls on outbound

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congressman mike gallagher from wisconsin joined me now.t, it's not ransom if no taxpayer dollars were involved? >> to paraphrase president biden, it's a bunch of malarkey. when you give people money in return for hostages there is no other word to describe it other than a ransom payment. yet again another lie from the biden administration. it brings to mind the lies surrounding the afghanistan withdrawal which we were reminded of on 9/11 as well. for the administration to go out and say this undermines our position in the world, undermines our traditional alliance structure in the middle east and more to the point the other lie they are telling is this money could only be used for humanitarian purposes by the iranian regime. that's news to the ear training regime who claimed they will use it for whatever purposes they want. we need more clarity from the biden administration. if we want stability in the middle east we need to support the traditional alliance structure starting with israel, extending to the sunni arab gulf states are increas

a, about mike gallagher, he is one of three -- a thing -- a thing about mike gallagher, he is one of three members. i commend you. i asked this question on their behalf but also mine, if you were president xi right now, looking at the house of representatives and other threats of closure and some of the ideas floating around, not commenting on whether they are good or bad that they are floating around, would this make you more likely to be risk radio -- more likely to be risk ready and move on or clash with taiwan? >> thank you. you've always been incredibly kind to me. even when i was a no-name congressman. i appreciate that very much. the window we are in right now is the window i call the window of maximum danger. that has less to do without of representatives at this particular moment and more with that democratic and economic challenges that president xi will face in the next decade. particularly if he wants to take taiwan. one of the lessons of ukraine is that when dictators tell you they want to do a thing, you should not discount that thing. you should at least plan around it

[applause] and a comment about mike gallagher, he's one of three mics like the three tanners, mike turner and mike mccall and mike gallagher chair major committees in the house and are doing extremely well so as a lifelong democrat, i admire you enormously, just want you to know. i chair the commission on the national defense strategy and the board of freedom house and i asked this question on their behalf but also lien if you right now were looking at the house of representatives and looking at all the threats of closure and of some of the ideas that are floating around not commenting on whether they are good or bad but just commenting that they are floating around, would this make you more likely to be risked ready and to say the united states is falling apart i might as well move on taiwan or not? >> great question. and thank you for not only your remarkable record of public service but you've also been incredibly kind to me. no name congressman that ranked. i appreciate that very much. my whole working hypothesis is that the next, the window that we are in right now is the window of m

and a comment about mike gallagher. he is one of three mics. mike turner and michael mccaul, and mike gallagher chair major committees in the house and do it extremely well. as a lifelong democrat, i admire you. i chair the commission on national defense strategy and also the board of freedom house. i asked this question on their behalf, but also online. if you are xi jinping right now, looking at the house of representatives and looking at all the threads of closure, some of the ideas that are floating around, not commenting on whether they are good or bad, just that they are floating around. with this make you more likely to be risk ready and stay the u.s. is falling apart, so i might as well move on taiwan, or not? rep. gallagher: thank you for not only your remarkable record of public service, but you have always been incredibly you have always been kind to me. i appreciate that very much. my working hypothesis is the window now is the window of maximum danger. the reason has less to do with the house at this moment and more to do with the

and a comment about mike gallagher, he's one of three mics like the three tenors, mike turner and mike mccall and mike gallagher, chair major committees in the house and do extremely well. as a lifelong democrat, i admire you enormously. i chair the commission on national defense strategy and also the border freedom house. and i asked this question on their behalf but also mine. if you were xi jinping right now looking up the house of representatives and looking at all the threats of closure, and some of the ideas that are floating around, not commenting on whether they are good or bad but commenting that they are floating around, with this make you more likely to be risk ready and say the united states is falling apart, i might as well move on taiwan or not? >> great question, thank you for not only your remarkable record of public service, but you have always been incredibly kind to me. even when i was a no named congressman who ranked 415th in seniority. thank you very much. my working hypothesis is that the window we are in now is what i call the window of maximum danger. there are

question to china's economic lawyers make it a more likely that the country could invade. ty one or mike gallagher, the republican chair of the us congressional committee on china says yes, he said that as trying to confront serious economic and demographic issues, she didn't think could get more risk accepting and could get less predictable and do something very stupid. he says he disagrees with president joe biden, who says china is economic down to and makes an invasion less likely. in recent years, china's ministry has stepped up its activity around the taiwan, which paging flames at the same time. let's get to the bottom of this with correspondence in taipei, you generally you chance why would an economically weakened china be more likely to engage taiwan? if that is the case swell? my name elisa, waging a war can be attacked as a countries like china to distract their people from domestic problems as a series of reasons. they have show that china's economic re found after reopening is weaker and lower than expected. some experts, a china can become more aggressive in telling went to a politi

. >> dana: mike gallagher will join us in a minute with his thoughts on this potential spy threat from beijing and more. >> bill: we begin with eric shawn, live in the new york city newsroom with more on this. eric, good morning. what did you find out? >> good morning. unbelievable. it seems that china's infiltration of america is reaching alarming levels say u.s. officials including trying to send spies posing as tourists. they have been detected more than 100 times trying to access u.s. military bases and intelligence facilities posing as tourists. the "wall street journal" reported chinese national resort to claiming they are visitors trying to find the nearest burger king or mcdonalds that happen to be at or near military sites. chinese national making reservations at hotels near military bases and cuba diving near a u.s. government rocket site in florida. other cases involve chinese nationals speeding past perimeter security guards or trying to talk their way onto a u.s. military base. republican congressman michael waltz of the house foreign affair committees says the biden admin

mike gallagher is the chairman of the time china select committee and he joins us now.ld take a page out of president reagan's book, what you mean by them. >> more than anything else, reagan communicated two things, one the nature of the threat that we face from the soviet union and the nature of the readiness machine. he was criticized by the media with the clarity by which he described the threat, we need the same level of clarity with respect to the chinese communist party today it is our greatest ever say on the world stage and we do ourselves no favor from talking around that. the second and communicating to the american people why we are the good guys why this is a military competition or an economic competition. it's an ideological competition between two different systems in their system is actually superior because it maximizes human freedom. i think the candidates beyond this or that a particular policy issues, the candidates that can explain the threat that we face this takes about apologetically make the case for america that we are the good guys can differe

this is a national security issue that we talk about a lot, the mike gallagher head of the china selectmerica to be funding our number one adversary. >> i would completely agree with that statement, investors look at investments rationally, hong kong at the moment has broken an agreement with the united kingdom of having a system of the 1997 handover. as an investor you basically have to think, this is a state that is very happy breaking it agreement with another state. if the state happy was sending 500 people to my father's newspaper to read it and close it. this is the state that could freeze your accounts, not even with the court order, just the national security police, is your investment safe in hong kong, i think that is a question as it investor you have to answer before buying anything. maria: we have identified all these new laws that they just came out with when they went in hong kong and put the freedom fighters in jail including jimmy lai. our prayers are with you and your family. thank you very much for being here sebastien lai joining us. were waiting on the cpi this morn

mike gallagher chairman on the ccp. congressman, our friend mike pompeo warned about this in 2019.out this. but the biden administration hands off. oh, they are going to have call it a chinese wall between china and tiktok. >> ceo came to congress and testified and specifically cast doubt on the level of control that bytedance had over tiktok which was absurd at the time for anyone following this but now proven to be a lie. tiktok is controlled by bytedance and bytedance is of course controlled by the chinese communist party. we cannot allow them to control the dominate media platform in america. yet, congress has been silent on this issue and paralyzed for months now because of a massive lobbying campaign. multi million dollars lobbying campaign on behalf of tiktok. they are weaponizing the d.c. swamp against us. we have to act before it's too late. >> a bombshell report, speaking of china, just came out from politico. the ccp nabbed 60,000 emails from the state department, we knew there was a hack we didn't know how pervasive it was. among the most sensitive information stolen we

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maria: that is right what a said state of affairs where mike gallagher committee on china are investigatingblackrock, for example,, kyle thanks very much weighing in on all of this you have been spot-on we appreciate your time. >> thank you, maria. >> all right. kyle bass joining us this morning in texas we'll be right back. . ♪ ♪ every day, businesses everywhere are asking: is it possible? with comcast business... it is. is it possible to help keep our online platform safe from cyberthreats? absolutely. can we provide health care virtually anywhere? we can help with that. is it possible to use predictive monitoring to address operations issues? we can help with that, too. with the advanced connectivity and intelligence of global secure networking from comcast business. it's not just possible. it's happening. circulon with scratchdefense. built from three layers of nonstick to withstand over 350,000 metal utensil scrapes in laboratory testing. 130 times longer-lasting than the competition. get free shipping at circulon.com maria: we are two days a i away from seconded gop debate, time runni

mike gallagher making that discovery over the phones which may violate trade restrictions. >>> chevron is unclear. >>> and ahead here on "worldwide exchange," we have the one word that every investor needs to know today and why the next guest explains why investors should not underestimate the consumer. >>> joining us for the delivering alpha summit on september 28th in new york city with investors and leaders coming together to provide insight and ideas to help you balance risk with maximized returns. scan the qr code or go to c cnbc.com/alpha to sign up. we are coming right back on "worldwide exchange." i wanted to try something that was over-the-counter. i saw the prevagen commercials. after a short amount of time taking prevagen, i started noticing a difference-- that i'm remembering this, i'm remembering that. i stopped taking prevagen and i found myself slacking back so i jumped right back on it. i feel as if it's brought me back to the good 'ol days. prevagen. at stores everywhere without a prescription. ♪ these are the people, who help you stay well. ♪ ♪ searching lower prices,

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joining us mike gallagher and top democrat raaja crish that morty.you both assume and can say that china is a threat. how grave a threat after you have been working on this committee together? >> well, in my opinion, i think it's our top geopolitical threat no. country has the military and combined economic power to challenge us in the way that china and more specifically the chinese communist party does. i think it's important, however, in our work and i think part of the reason there has been a sense of bipartisan is that raaja and i have been very careful and i to make a distinction between the people h whom we quarrel and are often the victims of the chinese communist party's thornism and increasing totalitarian repression. what we are trying to encourage our constituents to understand is this isn't just a distant "over there" problem for someone else to do well with the indo-pacific. a right here at home problem for us to deal with in terms of our sovereignty, health of our economy and how we defend american values which are really, you know, tr

republican congressman mike gallagher chairman on the select committee on the chinese communist party is sounding the alarm. >> we should be very concerned. the challenge for the u.s. intelligence communities is the sheer numbers involved. the amount of people that china is willing to throw at the problem. the amount of people beyond actual mss, china's lead spy agency operates to co-opt normal citizens. they say they are ill intentioned fabrications. we urge u.s. officials abandon the cold war -- the government is on this issue saying the bureau is committed to protecting our national security from chinese interference and the defense department also says it is protecting our military bases from such threats. so the administration and officials concerned and aware about it. julie. >> julie: thank you so much eric shawn. wow. so congress is back from its recess. so is the top republican is the senate and 81-year-old mitch mcconnell is facing new questions after he froze in public for a second time last week. but age concerns are bipartisan. here is someone else who is also facing them

mike gallagher who chairs the china select committee says the u.s.d to look at a ban or ending of all exports to huawei and smic. it is the idea of the national security in the u.s. being paramount and restrictions being looked at as a result. as ed was saying, this is a tit-for-tat idea. the u.s. moves to restrict one thing and china moves to restrict another. and this is the pattern we are in at this point. ed: to a point that was made a minute ago. citigroup put a note out saying that we do not know how many companies or government agencies or people using iphones, but it is probably the case they were already transitioning away anyway so it might have a limited impact. i guess that that note really brings to the point that relations between the u.s. and china in spite of the visit are not good. we are not in a good place right now. kailey: absolutely not, and this is a tricky dance. on the one hand you are trying to make sure the relationship is stable and the sides are talking. to protect national security interests or otherwise you are seeing t

[applause] into a comment about mike gallagher he is one of three. as a lifelong democrat i admire you enormously and want you to know i chair the commission onss the national defense strategy and the board of freedom house. i asked this question on their behalf and also mine. if you were looking at the house of representatives and threats of closure, just a saying, and some of the ideas floating around, not commenting whether they are good or bad but commenting that they are floating around, would this make you more likely to be risked ready and say the united states is falling apart so i might as well move on taiwan or not? >> great question and thank you for not only your remarkable record of public service but you've always been incredibly kind to me even when i was a no-name congressman who ranked 415th, so i appreciate that very much. my whole hypothesis is the next window that we are in is the window of maximum danger. the reason for that has less to do with the t house of representatives at this particular moment in everything with the demogr

we've got mike gallagher, the chairman of the -- looking at china and everything that's going on thereis coming on and the chairman of the ways and means committee, jason smith. hunter biden, the biden investigations, what's going on with china and then the a appropriations, how are we going to fund the government by the end of the month. big show. love the guests. it's going to be good. rachel: and a great host. >> thank you. rachel: make sure you tune in right after the show. >> thank you. rachel: thank you, jason. a prime upset, deon sanders gets emotional after debut win as colorado's coach. >> we told you we're coming. we told you we're coming. you thought we were joking. we keep receipts. god bless you, america. god is good. rachel: dan dakich has the highlights, next. it's easy to get lost in investment research. introducing j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. let's find the right investments for your goals okay, great. j.p. morgan wealth management. my little family is me, aria, and jade. just the three of us girls

. >> trace: it is amazing, john, mike gallagher said this about the biden administration really kind of being red sent to offend china i'll get your response. >> biden trying to divide economic engage can with china as the core pillar of his strategy despite this having failed for over two decades. perhaps an effort to cool temperatures going into the election he doesn't want to see any economic downturn. they're constantly afraid of provoking the chai knees communist party. >> trace: he brings up a good point because even with the chinese spy balloon a lot of different instances where there's been always just kind of walking on egg shells. >> i agree with you and congressman gallagher. china is the greatest foreign policy threat to our national security. their engagement of national conventional anatomic weapons buildup no surprise they're doing covert operations using cyber. it's hard to defend against these kinds of attacks when the offense is so cheap and easy to execute. so the only answer is deterrence. the only way to get china and russia to stop is to carry out our own offens

american investments are helping to fund the technology military capabilities of communist china, mike gallagherwittingly financing the ccp, it has to stop here is my gallagher on tuesday. >> is up to congress to ensure american money is not financing the ccp top ambitions including a.i., quantum computing and semiconductors and also biotechnology, directed hypersonic's, events minnesota enter manufacturing anything with the military industrial complex. >> why should they enjoy the unfettered benefits for capital markets. >> you when i have been speaking about this issue for years, we spotlighted a long time ago, security and exchange commission also testified, the largest u.s. public company should be forced to disclose, why are there so many companies in china that are already sanctioned in their stealing all the indexes, there still available to american investors to invest in they unwittingly fund the expansion of our number one adversary, how many times can i ask this question, same with russia to a russian company sediment sanction because of the war in ukraine and yet people can still buy

committee chairman mike gallagher spoke at the hearing yesterday.s, including a.i., quantum computing and semiconductors but also biotechnologies, directed energy, advanced manufacturing, space technologies, anything associated with the prc's military industrial complex. the ccp has nothing but -- why should they enjoy unfettered benefits of our capital markets. maria: this is an issue we've been talking about now for many years. former securities and exchange commission chairman jay clayton p also testified, saying the largest u.s. public companies should be forced to disclose their exposure to china. joining me is afpi senior fellow and chairman of the china policy initiative, steve yates. great to see you. thanks very much for being here. i think we should also put a spotlight on russia in this situation because russia has been permitted to maintain its presence on u.s. exchanges even though many of those russian companies have been sanctioned. i want to point out this issue because we don't have any legislation that will force these companies to

i'm going to speak with congressman mike gallagher tonight on maria bartiromo's wall street. that's at 7:00 p.m. eastern tonight. and i'm going to ask him -- he's the head of the china select commit committee -- if he thinks joe biden got paid for canceling the china initiative. as soon as he walked into the white house, that's one of the first things he did, canceled the china initiative. that was an initiative that was working, we were holding people to account who were making money by sharing prized intellectual property with communist china, american intellectual property. >> yes, that's right. also on day one he dismantled the task force that president trump initiated to combat chinese espionage here in our homeland. why would you do such a thing? the die niece national, -- chinese national, we've seen 300% increase of them coming in through the wide open southern border. china is using tiktok to indoctrinate an entire generation of american youth, pushing algorithms in your face that are divisive and destructive. it's because joe biden is compromised by china. we've see

chairman gallagher, mike gallagher, the republican chair of the committee as well as myself wrote a lettero go ee thina raimondo trying r the areas where the china sneeze are try doing workarounds with regard to our export controls. >> and it seems like your efforts run counter to what the administration is trying to achieve, which is create a space for productive dialogue with the chinese. would you agree? >> no, not necessarily. i think the biden administration is walking and chewing gum at the same time. on the one hand, they are frightening controls, they are making it tougher for the ccp and its affiliated actors to use technology that we produce against us. and on the other hand, they are engaging in dialogue to see where we might be able to curb their economic aggression. and i think you have to have both. >> do you believe -- there are some people who say that the biden administration has been even tougher than its predecessor with respect to china. and certainly have held on to the tariffs or at least many of those. do you think that that is a good policy? >> i think so. we just h

the conclusion, according to chairman mike gallagher, quote, the losses across our financial system wouldt's why the goal of today's meeting is to find out what we can do now before it's the too late. >> what economic levers can we be pulling now so that we ourseg space with china in 20227. we need to do everything we can to put economic pressure on them. >> reporter: the focus today what legislative steps and should be taken to better protect pension and retirement funds that are currently invested in choi news companies. the -- chinese companies. the committee is act a actively investigating vc firms and asset managers that invest in chinese military assets. in the meantime, the committee taking today the opportunity to encourage wall street leaders to take steps on their own. >> don't facilitate espionage or activities that could endanger our national security. and for heaven sakes, don't invest in companies that facilitate human rights abuses. you have the right to do these things currently. in many cases. but it's the not the right thing to do. >> reporter: now, a current refrain tha

ask mike gallagher and marco rubio. all the people studying they are using it as a spying device.he american headquarters can no longer say that the chinese communist government is not playing a role in it. >> steve: here's the other thing. the dirty little secret about the people in washington talking about tiktok. they say it's a terrible thing and can be used for spying pursuances and whatnot and algorithms to shape minds. but the staffs of pretty much every one of those politicians on their phone, not the government phone but on their personal phone they have got tiktok. i know 100 young people under 40, over 18, down in washington. i have asked them before do you have tiktok? they all have tiktok because they have funny cat videos. and a lot of other stuff. >> brian: pete hegseth does not have tiktok i guarantee you. >> lawrence: make that case. >> brian: is he live at the reagan library in simi valley, california. he was in the spin room and put together a lengthy package he loves to edit himself. >> pete: i stayed up all night doing it, guys. yes, i definitely do not have t

efforts to combat china's democratic congressman roger of illinois, and republican congressman mike gallaghering member and chairman respectively of the house committee of the chinese communist party. a lot to discuss on china, but first, let's talk about the some of that's happening. is there anything that the united states can do beside the white house issuing these warnings to stop what appears to be this arms deal in the making? >> i think the first thing is recognizing the geopolitical reality. we have an access of authority within countries against our interests. john just united states with all the partners. obviously, china is the dominant partner, vladimir putin's junior partner but includes north korea, iran, and venezuela. so, we don't have the luxury of ignoring parts of the world. we don't have a global strategy, we need to be engaging in the business of recruiting our own allies and partners, because we actually have the luxury of having capable, competent allies and partners, and network of alliances that we've built over the past few decades. that's a unique source of strength

mike gallagher, chair of the select committee on the chinese communist party says chinese citizens here in our country are being pressured by beijing to do this. >> the key challenge for the u.s. intelligence community is the sheer numbers involved. the amount of people that china is willing to throw at the problem. the amount of people beyond actual mss, china's lead spy agency operatives, they co-op normal citizens. >> fbi says the chinese government is engaged in a broad diverse campaign of theft and maligned influence without regard to laws or international norms the fbi will not tolerate. fbi is committed to protecting our national security and the department of defense telling fox news that it is protecting our military facilities from such threats, but you know the chinese embassy in washington, the chinese officials tell fox news that these claims are fabrications, and says the u.s. officials should abandon what it claims is washington's cold war mentality. a lot more to go on this story. >> john: not much of a surprise with that statement. eric, thank you. it is rather distress

mike gallagher is the congressman in the select committee, and also a ranking member of the china selecter? >> great. it's great to be in new york. it's intimidating for somebody from green bay, and i feel dramatically uncool while i am here. >> was there anybody at dinner that took the position that china is not the risk that both of you may think it is? >> i don't think anybody took that position, and we got a lot of pushback, and what was interesting was a scenario that happened back in 2008, and we saw this play back in the pandemic where they threatened to weapon eyes advanced pharmaceutical and we need to take meaningful actions now should we have to confront china and -- >> are you both on the same page? >> i think we are relatively on the same page, and perhaps there's an emphasis on what we need to do going forward. we need to prevent a military move on taiwan by china, and we have to prevent a war at all costs. we have to do what we have to do with our partners, friends and allies to combat the economic aggression. where we differ is on how much dialogue we would have -- >> are

folks like mike gallagher on the china select committee for both sides of the aisle to come together to help enable you in that process it. it is a long term problem i know in the answers are not easy. but i think it is important that we do get together and serve but in the arc towards eight reciprocal trade agreement. china is doing to us right now things that we should not tolerate. but if we are going to allow them to do it we should at least be able to do it to them and have access to the markets their intellectual property with the agreement should be fair, balanced a reciprocal i think you understand and agree with that. so if you could talk to the requirements. that i also wanted to touch him briefly you are at level of satisfaction. i know it's not related to chips. but are you okay with the way treasury right now is currently managing and making sure we are enforcing the sanctions against russia relative to the ukraine conflict? if you could touch on the stew thanks thank you. >> okay good morning nice to see you. on the defense industrial base think the update since the las

lawmakers and the likes of mike gallagher, a representative for wisconsin and the select committee, andments made just last week where, you know, there were organizations that wanted to speak and representative gallagher made it a point to say, oh, they only wanted to speak anonymously, and given the fact of how the select committee has been structured, there's no question why they would want to speak in such a way. but from the risks related to on the ground in china, the advice we've been giving to all our clients is twofold. the risks are not materially different than they've been in the last two or three decades. >> two or three decades. >> two to three decades, yeah, ever since w.t.o., right? >> you think there's no more risk today than there was before. >> i didn't say no more. i just said materially not as much, and that essentially the likes of -- and i've heard you on tv before talking about like w what advice would you giveto nike and starbucks and the like, just keep doing the business that is the business. that is what got you to where you succeeded in china. i do believe th

andrew and i were at a conference this week and talking about china and i spoke to mike gallagher, andrewack from china. the chinese need respect. they're tough, we're tough, we spy on them, they spy on us. kissinger said we spoke to them a hundred times before we recognized the peoples republic of china. you can fight later. talk now. go into a room, have a conversation. that's how grown people do things. you don't embarrass the chinese, you do not do this or they will bite you back. and anyone who's done business there, we have lots of investments there, we have a huge presence there, we talk. you can fight later. we cannot afford to fight. we cannot afford a war in taiwan. we have a $33 trillion deficit. let's go talk. it seems like right now that xi and biden may get together and he hasn't gone. trump never went. gallagher said that he actually ripped up blinken for going. and it's a talk. it's a lot cheaper than sending a missile. and he's never been. he's never been to china. i asked him, have you ever been? no. okay, the head of our subcommittee has actually never been to china? ta