steven chu. the very first asian-american -- as ambassador to the republic of china. we have a lot of accomplishments. it was not that accident, my friends. everyone of you know that you work hard. all these things are done on purpose. i want to let you know that we also can boast twice as many asian-americans on federal benches. those of us to understand the impact of the supreme court and what it can do or on june, we know that having asian-americans on the federal bench is a line up for appointments to the supreme court. thank you very much for this opportunity. i want to say that silicon valley is the birthplace of high-tech. silicon valley is the birthplace of norm. five minutes? thank you very much. [applause] >> thank you, congressmen. we would have extended the five minutes if we got a karaoke's song. >> this event would have not been possible by the financial contributions of our sponsors. we want to thank chevron corp., wells fargo, mcdonald's, academy of arts university, at&t, southwest airlines. if you have not entered their raffled yet, do so later tonigh

southern california and a subcontractor tells us of the infrastructure that said bided met weekly with steven chu to discuss the energy department loan guarantee. biden stephen staff was a principal vice president and manager. any mail to one ceo dated december 3rd, 2009, " i will approach the white house tomorrow as the project could benefit to democratic senators whose races will be tough next year. " barbara boxer and senator reid. they both won reelection and 2010. over one year later 2011, bright source ceo send e-mail to jonathan silver who was executive director of the energy department loan guarantee program. he wanted to review a draft e-mail to was the chairman of the board who was the then chief of staff to a bomb at the white house. e-mail or call when you can with suggestions. the email stated the white house needs to focus on the loan guarantees for the largest solar project and the world. it was conditionally approved more than one year ago and in the final stages of being completed. but at a house energy subcommittee beating last may chairmen ginger arden said to willard "u.s. gam

energy subcontractor tells the systems and infrastructures said i'd met weekly with energy secretary steven chu to discuss the energy department loan guarantee. bernie toon, britain's chief of staff when he was a senator in the senate as a principal vice president and manager. an e-mail to ceo john willard dated december 3rd, 2910 he wrote calls are into biting sass and i be approaching political affairs at the white house tomorrow so as is projected to benefit and races will be tough next year. barbara boxer of california and majority leader senator reid from nevada. both won reelection in 2010. over a year later in march 2011, bracer are still had no love. they sent e-mail to jonathan silver who is executive dirt of the energy department phone guarantee program. he was responsible for making sure these loans went through. woolard wanted software to review a draft e-mail that the chairman of the board of bracer synergy was planning to send to william daley, who was then chief of staff to president obama at the white house. and this is from the e-mail. either e-mail or call and you can with sug

energy secretary, steven chu, ken salazar and epa administrator lisa jackson.hat's just the first string. let's see who my panel thinks is going to change up. i think obviously petraeus is not hanging out for the second term. >> no. >> the interesting one is secretary of state. who goes in, in place of hillary clinton? >> i have no idea. >> i know the language has been susan rice as one possibility. susan rice, obviously, we've got the benghazi problem associated with her, whether or not that's over. then the other one, of course, is john kerry of massachusetts. the problem is if you pull kerry down from massachusetts, there is a guy walking around massachusetts right now who would like a senate seat, right? you could totally end up with a situation of him running again? any sense of how the president might negotiate that decision? >> no sense at all. you know, kerry has been widely known to covet this job for a long time. speaking for myself, i always thought he would make a fine secretary of state. in the old-fashioned sense of who would do a good job, this i

. >> reporter: steven chu is giving the unchaining heroes credit for a job well done. lineman don gala -- >> thank you. >> reporter: has been restoring power to customers for nearly 30 years. >> it's just like anybody else. if you show me a little respect i'll go a mile for you. >> reporter: he appreciates the recognition. >> oh man, the certain storm we had. i've been here going on 29 years and it was hard. >> reporter: at the height of superstorm sandy, 44,000 customers were impacted. that was a quarter of dominion power and bge outages. >> it is a change. it's a welcome change. >> reporter: pepco regional president thomas graham says it was a little bit of luck and a lot of preparation. >> feels good but there's also the reality that a lot of customers in other parts of the country are suffering right now. >> reporter: pepco has been the most highly criticized utility even dubbed the most hated company in the nation. has pepco turned a corner? >> you know, the -- that question is better served to those who judge us. >> reporter: how do you think they did this time?

and, this administration, more important to our future, steven chu, people who will be regulating thet of the... >> neil: that is the real problem for businesses, is that, the health care and everything else, just going to be regulated and it is going to put a crimp on everything. regulated to death and put a crimp on everything they do. >> that is the most important thing. we have a chance to turn america totally around. >> neil: what would happen if barack obama won, jack? >> there's a very -- i don't know the answer, i know there is a high probability of regulatory christm crimps in the gas fracking area. >> neil: in the big picture, jack welch sees barack obama reelected. if it were to happen. what happens to the country? >> slow growth, growth that will come back, we have a monetary policy that makes money free and we'll have slow growth, 1.5 to 2%, versus the opportunity, for three to 4% growth rate. neil, we talk about the middle class, middle class has been hammered wi hammered. the only way to get a great middle class is to create the high paying jobs from a very competitive

also apparently looking for an exit are defense secretary leon panetta and steven chu and also ken salazarorney general eric holder and transportation second ray lahood, the only republican left in the cabinet, could be leaving as well. in 2008 obama told "time" magazine he wants his cabinet to be a team of rivals saying, quote, i don't want people who just agree with me. i want people continually pushing me out of my comfort zone. what should we expect this time around? i would bring it to the table. so i think the biggest one people are talking about is who is going to replace hillary clinton. the two names who have voted is u.n. ambassador susan rice and john kerry. i have no problem with susan rice. i think she's fantastic and unfortunate how she's been treated recently. i tell you, john kerry during this campaign has been fantastic in his debate prep with the president. i thought his speech as the dp nc was brilliant, and i think he would be a terrific diplomat. there's concerns that if he was nominated then the senate -- his senate seat would be open and scott brown could have anothe

ken salazar and steven chu. while the president makes his case to the public, he may have to sell his position it to top democrats who are drawing their own lines in the sand as it to what should or shouldn't be part of the conversation. stephanie cutter served as the president's deputy campaign manager. she joins me now. you look rested. >> thank you. >> welcome back from the time off i assume you took. let's start with when it comes to the fiscal cliff and the mandate the president believes he has on taxes, we understand that, is the democratic base going to accept changes in medicare? >> well, you know, chuck, we need to work through a process. the president has a balanced deficit reduction plan already on the table that includes a medicare savings and medicaid savings, about $340 billion. over the course of the next ten years including savings we've already put in place, that's more health care savings than even simpson-bowles achieves. so if we want balanced deficit reduction, we have to look at everythi ev

and this administration, more important to our future, lisa jackson, hilda solis, steven chu, regulating> and you say it's going to be regulated to death and put a crimp on everything we do. >> this is the most important election of my life. >> neil: of your entire life? >> my whole life. >> neil: even the lincoln one? >> i knew you were going there, go to my softer underbelly. but neil, we have a chance to turn america totally around. >> neil: what would happen if barack obama won, jack? >> i don't know the answer, but noi this, there's a high probability of regulatory crimp in the whole gas fracking area. >> neil: but, the whole big picture, jack welch sees barack obama reelect $, if it were to happen, what happens to the country? >> slow growth, growth that will come back with -- we have a monetary policy that makes money free, so we'll have a slow growth, 1 1/2 to 2% versus the opportunity for 3 to 4% growth rate. neil, we talked about the middle class. the the middle class has been hammered with $4,000 lower take home pay than before. the only way to get a middle class, high paying

to how big, how fast, and you know, the president and his team, i include them, because he's got steven chusaying he hates fossil fuels. >> right. >> he has lisa jackson who has never seen an emission that she doesn't want to absolutely go to zero and it's a problem. so when you look at ozone, they postpone ozone to january of 2013. ozone is a trillion-dollar bill to the u.s. economy. if they put the ozone restrictions in they want to, take them down there, it's a trillion-dollar billion. co2 isn't done yet. >> there was a hesitancy to build out hydrocarbon infrastructure. that is not the energy -- it was renewable, it was solar, it was wind. i guess maybe nuclear. >> and wind and solar may be just right for us 30 years down the road or 40 years down the road but we have a 100-year plus -- >> of $2 per thousand cubic feet. >> we have stuff that will change our whole economy. look at the jobs up there. in the dakotas you'll have jobs in infrastructure, you'll have jobs at ports, even though we'll be shipping stuff. >> i know, i know, i know, you've turned my opinion on that. >> what did you