May 18 — Mike Pence, Sec. Scott Bessent and Sen. Chris Murphy episode artwork

EPISODE · May 18, 2025 · 47 MIN

May 18 — Mike Pence, Sec. Scott Bessent and Sen. Chris Murphy

from Meet the Press · host NBC News

Former Vice President Mike Pence shares his views on the second Trump administration. Treasury Secretary Scott Bessent responds to warnings from the world’s largest retailer about rising prices tied to President Trump’s tariffs. Sen. Chris Murphy (D-Conn.) weighs in on new revelations about former President Joe Biden’s health during the 2024 campaign. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Former Vice President Mike Pence shares his views on the second Trump administration. Treasury Secretary Scott Bessent responds to warnings from the world’s largest retailer about rising prices tied to President Trump’s tariffs. Sen. Chris Murphy (D-Conn.) weighs in on new revelations about former President Joe Biden’s health during the 2024 campaign.

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May 18 — Mike Pence, Sec. Scott Bessent and Sen. Chris Murphy

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I've never been a fan of American presidents criticizing America influence oil, his thoughts on the second Trump administration and the direction of the Republican Party. There's no question in this administration that he is surrounded at Pearson Day with people that that nurtured his more protectionist instincts. Plus Trade tensions President Trump returns from his trip to the Middle east amid new concerns about his trade war as the world's largest retailer warns higher prices are on the way. But the level of tariffs that have been proposed is pretty challenging for all retailers for suppliers and certainly our concern is that consumers are going to fill some of that.

I'll talk to Treasury Secretary Scott Besant. And listening in audio of former President Joe Biden's interview with the special counsel investigating his handling of classified documents renews the debate over his fitness for office. Trump gets elected in November 2017. I'll talk to Democratic Senator Chris Murphy of Connecticut.

Joining me for insight and analysis are NBC News Chief Washington correspondent Andrea Mitchell, Amina Baz Home, anchor of PBS NewsHour Ashley Etienne, former communications director to Vice President Harris, and Stephen Hayes, editor of the Dispatch. Welcome to Sunday. It's Meet the Press from NBC News in Washington, the longest running show in television history. This is MEET THE PRESS with Kristen.

Welcome good Sunday morning. President Trump returns to Washington after his trip to the Middle east, and he is touting what he says are new critical investments in the US Economy. It comes as his agenda back home is facing new challenges and as he's planning for direct phone calls with the leaders of Russia and Ukraine on Monday. Against that backdrop, I sat down with his former vice president, Mike Pence on Friday at his home in Indiana.

Let me ask you about President Trump's first official overseas trip to the Middle east this week, where he met with the newly installed president of Syria. He dropped all the sanctions against that country despite Israel's opposition. The triple clues stops in Saudi Arabia, Qatar and the uae, but he did not stop in Israel. Sir, what message do you think President Trump's trip sent to Israel overall?

Well, first off, I think it was a very successful trip for the American economy. The president secured financial commitments in all three countries, including a historic contract for purchasing Boeing aircraft that'll really support American jobs. And I don't gainsay that. But, Chris, I've never been a fan of American presidents criticizing America on foreign soil.

And to have the president in Saudi Arabia questioning America's global war on terror and describing it as nation building, an intervention, as I thought, was a disservice to generations of Americans who wore the uniform, who took the fight to our enemy in Afghanistan and in Iraq, and particularly giving that speech in Saudi Arabia where 15 of 19, 9, 11 hijackers hailed from him, not including Osama bin Laden, I thought was was unfortunate. Let me ask you about another aspect of President Trump's trip. He said that he was going to accept a $400 million luxury jet from Qatar to use as a temporary Air Force One. He said he'll eventually donate that to his presidential library.

Do you think President Trump should accept a military aircraft from Qatar? Well, I think first we got to remember who Qatar is. We've got a military base there. I have members of our media family that deployed to the region.

But Qatar has a long history playing both sides. They support Hamas, they supported al Qaeda. Qatar has actually financed pro Hamas protests on American campuses across the United States. And so the very idea that we would accept an Air Force One from Qatar I think is inconsistent with our security, with our intelligence needs.

And my Hope is the president reconsiders it. I think if Qatar wants to make a gift to the United States, they ought to take that $400 million and plow it into infrastructure on their military base. So you're saying President Trump should turn down this plane? I think he should.

I think. Look, others have observed there are profound issues. The potential for intelligence gathering, the. The need to ensure the president of the United States is safe and secure as he travels around the world.

And, of course, also there are very real constitutional issues. The Constitution prohibits public officials from accepting a present, in the words of the Constitution, a present from a foreign state. Now, that they may have some basis through chain of titles or avoiding that. But it's just a bad idea, and I hope this president will think better.

Let me ask you about an issue that you raised. President Trump's tariffs, obviously, have been a big theme of the second administration. President Trump says foreign countries pay for the tariffs. He says they're going to make the country rich.

And yet you have said you've called them the Trump tariff tax. Why? Well, first off, the initial reciprocal tariffs that he unveiled would be the largest peacetime tax hike on the American people in the history of this country. As I said.

I'm glad he's paused that. And as we're seated here, I understand the president is going to make an offer to 150 countries. But look, he and I talked many times about trade here in Indiana. We're one of the leading exporting states in the country.

What we make here, what we grow and raise here, we sell around the world. I've always believed the trade means jobs, but I came to respect President Trump's willingness to use the threat of tariffs to negotiate, as we did with the new trade deal with Canada, Mexico renegotiated South Korea. We were well down the road of a trade agreement with Japan, with the UK with the EU during our time. But there's no question in this administration that he is surrounded, it appears to me, with people that nurtured his more protectionist instincts.

And as the president has said to me many times, he has a sense that other countries pay tariffs when the reality is when Americans buy goods overseas, the company that imports those goods in this country pays the tariff, and more often than not passes that along in higher prices to consumers. And I worry about inflation. We just heard Walmart made the announcement that they'll be raising prices in the wake of these tariffs. My view of tariffs overall is this.

We ought to be aggressively negotiating for free trade with free nations. We ought to use the threat of leverage to bring down trade barriers and subsidies. Well, to that point, let me ask you about the tariffs. From the first term.

They added some 80 billion doll dollars in higher prices for Americans. Increase prices on things like tires and washing machines. Why didn't you say there are tax during the first administration? Well, I probably did in the hallways.

But the president gets to make the decision. Told president directly. Well, sure, but when you're vice President of the United States, my view was always this. I favor the president with the full range of my opinion in private.

And then when he made the decision, my job was to support his decision absent some higher calling or higher obligation that one has. And I fully supported his approach on terrorists. But I was never confused about who pays tariffs. Let me ask you about the war in Ukraine.

There were talks in Turkey this week between Russia and Ukraine, but none of the principals were there. President Zelensky wasn't there. President Putin wasn't there. President Trump wasn't there.

President Trump said the only way to get a deal is for him to meet with Putin to face. Knowing what you know about Vladimir Putin, Mr. Vice President, do you think he will be ever be serious about making a deal? It's been roughly three years since Russia launched its unprovoked, brutal invasion into Ukraine.

Hundreds of thousands of lives have been lost. At the outset of the war, I actually traveled with my wife across the border to a refugee center, saw hundreds and hundreds of women and children of every age fleeing from the Russian invasion. I would return there a year or so back and meet with President Zelensky and hear again about the horrors and depredations of the Russian military. Look, I've met Vladimir Putin.

My judgment is Vladimir Putin only understands strength. And President Zelensky has agreed to a ceasefire, a 30 day ceasefire that our European allies called for. Vladimir Putin calls a meeting that he doesn't show up for. So I honestly think the time has come for President Trump to impose harsh sanctions on Russia and also increase military support for Ukraine.

I think those two messages making it clear in combination with President's good recent dialogue with President Zelensky that took place in the Vatican, in addition to the new mineral deal, which I think sent a definite message to Moscow that America and Ukraine are here to say I think the time is now for sanctions against Russia, additional sanctions against Russia, Kristen, and also a renewed military support for Ukraine, I think that and only that has the potential to bring Vladimir Putin to the table and achieve a just and lasting peace. Last month, President Trump directed the Attorney general to review two people he considers to be political foes, including Chris Krebs, who's the election official who called the 2020 election the most secure in American history. Do you ever worry that President Trump will order an investigation into you for your actions on January 6th? I don't worry about it.

I regret some of the review thinking this administration's been doing. And for people that did their job, some cancellation of security details around people like Secretary of State Mike Pompeo and John Bolton I think have been regrettable. You know, elections are about the future. And I think the American people elected President Trump to return to the White House to focus on the future.

And if I had a word with him, I'd encourage him to keep eyes forward and. And embrace the better angels of his nature in all these issues. You were recently awarded the John F. Kennedy Profile Encourage Award for your actions on January 6th.

President Trump pardoned nearly 1600 people who were criminally charged in connection with their actions on January 6th. You said the pardoning people who assaulted law enforcement, quote, sent the wrong message. What message did those pardons send, sir? First, let me say I was deeply humbled by the recognition that we received from the John F.

Kennedy Library. President Kennedy was a hero from my youth, still is. And to be in any way associated with his legacy and Americans that he wrote about in his famous book was one of the greatest honors of my life. And I'm truly grateful.

Look, I will always believe, by God's grace, I did my duty that day to support and defend the Constitution of the United States and see the peaceful transfer of power. But individuals who broke into the Capitol, who assaulted police officers, I said that day. And I believe this moment should have been procured to the fullest extent of the law. Now, I will say, Kristen, I know there were people that came into the Capitol that day that just walked through an open door, meant no harm, did no harm.

Those people, every single one of them, if they were caught up in the legal system, they should have been pardoned. But people have engaged in violence. You know, we're at the end here of Police week in Washington, D.C. that's where the families of fallen officers come to our nation's capital every year to remember those who died in the line of duty.

And the heroes on January 6th were all wearing uniforms. They held the line. They made it possible for us to secure the Capitol, reconvene the Congress, and complete our work under the Constitution on the very same day. And for my part, I will always believe to have pardoned the people that assaulted police officers that day was wrong.

Would you ever consider running for president again? You know, I don't see that in my future. Our family's been blessed in so many ways. I'm a guy that grew up in a small town here, Indiana, just dreamed of being the congressman from my hometown.

And I got to live that dream. The opportunity to be governor here Indiana, to go on to be vice president of the United States was beyond anything I imagined. And I had a chance to run for president. We did that last night.

I will tell you from my heart, Kristen, what I feel in my calling is exactly what called me to the Republican Party in the days of Ronald Reagan. And that is that I want to be a voice for conservative values. I want to be a voice for the policies and liberties ensuring the Constitution of the United States. That's what defines us as Americans.

I want to be a champion of the conservative cause. And that's where I'll stay focused on let the future take care of itself. So just be very clear. Do you rule out running for president ever again based on what you're saying?

Yeah, I have no plans. I don't see it. But as I said, we'll keep standing for everything we've always stood for and we'll let the future take care of itself. And we will have much more of my conversation with former Vice President Pence coming up later in the broadcast.

But first, when we come back, Treasury Secretary Scott Bessant joins me next. Drive off in a new Hyundai Launcher today with $0 down during the Hyundai Advantage sales event. Take advantage of the $1,000 Spring Drive bonus and lease the 2026 Essential for just $73 weekly at 4.99% for 60 months. And you're covered by a laundry's best in class 5 year new car warranty.

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Welcome back to our new economic warnings after the credit ratings agency Moody's downgraded the United States credit rating one notch from its triple A rating. Moody Society concerns over the nation's rising debt. It comes as President Trump's tax bill suffered a setback in Congress this past week. Joining me now is Treasury Secretary Scott Besant.

Secretary Beset, welcome back to MEET THE press. Kristen, good to see you. Thanks for having me on. It's wonderful to have you on after a long foreign trip.

Thank you for being here. Let's start right there with Moody's downgrading the nation's credit rating and they do cite the data. I want to read you a little bit of what Moody says. It says, quote, if the 2017 tax cuts and Jobs act is extended, which is our base case, it will add around $4 trillion to the deficit or over the next decade.

Several Republicans, Mr. Secretary, are citing similar concerns. Does the president's tax bill need to do more to address the nation's debt and deficit? Well, Kristen, first of all, I think that Moody's is a lagging indicator.

I think that's what everyone thinks of credit agencies. Larry Summers and I don't agree on everything, but he said that when they downgraded the US in 2011. So it's a lagging indicator. And just like Sean Duffy said with our air traffic control system, we didn't get here in the past hundred days.

It's the Biden administration and the spending that we have seen over the past four years. We inherited 6.7% deficit to GDP, the highest when we weren't in recession, not the war. And we are determined to bring the spending down and grow the economy. Fair enough.

But under President Trump's first administration, he added $8 trillion to the nation's DEB his first term. So there's plenty of land to go out. No, no, no, no. But for you, we were in the rescue portion of COVID The Biden administration was in the recovery portion.

And Kristen, it would have been if not for Senator's mansion and cinema, who were no longer in the Democratic caucus, it would have been 4 or 5 trillion more. It did include the tax cuts as well. Let me ask you about Walmart. This big news from Walmart.

It says it will start raising prices on its consumers, Mr. Secretary, as early as this month due to the tariffs. Now President Trump out with a very stern warning on social media saying Walmart, quote, should eat the tariffs, adding the company made far more than expected last year. Is the president asking American companies to be less profitable?

I was on the phone with the CEO of Walmart yesterday and Walmart is in fact, they are going to they, as you describe it, eat some of the tariffs that just as they did in 1819 and 20. The other thing, though, that we are seeing that Doug passed along to me that with their consumer, the single most important thing is the gasoline price. And gasoline prices have collapsed under President Trump. So we are seeing that the other thing that will happen, that is a direct tax cut for consumers.

Then the transportation costs are also a big input. So let's see what happens. What you were Describing was Walmart's earnings call. The other thing that companies have to do, they have to give the worst case scenario so that they're not sued.

So I think overall we are seeing a decline in services inflation and we saw inflation come down for the first time in four years. Well, you know, in my conversation with former Vice President Mike Pence, he says he sees tariffs as a tax. How far, Mr. Secretary, is the President, is the administration willing to go to prevent CEOs from increasing prices?

Well, I think what we're hearing here is that people are saying tax increases are inflationary. That when I was testifying before Congress last week, one of the congressmen said that, and I said, well, Congressman, taxes are inflationary. Let's cut taxes. So let's get this tax bill done, bring down taxes, which according to this line of thinking, should be disinflationary.

But the Federal Reserve has said that tariffs are inflationary. Just to be very clear, you said you called Walmart. Is that what CEOs can expect, that you, that the President and other members of the administration will apply pressure to try to prevent them from passing on? I didn't apply any pressure.

The Doug and I have a very good relationship. So I just wanted to hear it from him rather than second, third hand from the press. And again, as I said, this is all from their earnings call. And on an earnings call, you have to give the worst case scenario.

Chris, to go back to what you said, the Federal Reserve is not saying the tariffs will cause inflation. They're saying they're not sure and that they're in wait and see mode. Let's talk about the other big news that you were part of a week ago in Switzerland, negotiated with Chinese officials, you and the administration lowered tariffs from the high rate of 145% to 30% for 90 days to allow talks to continue. But President Trump had said previously, and I'm quoting from him, China needs to make a deal with the US we don't have to make a deal with them.

So why did the United States back down? Neither side backed down. Both sides realized that this, as I had said, was unsustainable. So we had the equivalent of an embargo, which is not what either side wanted.

It was this constant tit for tat escalation. So both sides brought the tariffs down by 115%. So for 2025, we have increased tariffs on China by 30%. They've increased them by 10 on us.

We now have a mechanism in place to continue talks. Okay. On Friday is a piece of this. President Trump, while he was on the foreign trip, said that countries should expect letters from you, from Secretary Lutnick saying, this is what the tariff rate is going to be.

Mr. Secretary, does that effectively mean that these negotiations with other countries are over and how high should they expect tariffs to go? Above 10%. This means that they're not negotiating in good faith.

They are going to letter saying, here is the rate. So I would expect that everyone would come and negotiate in good faith. You expect that rate, though, that you would slap on any country that you think is not negotiation in the face to be above 10%? Well, I think that would be the April 2nd level.

Some countries were at 10%, some are substantially higher. And the negotiating leverage that President Trump is talking about here is if you don't want to negotiate, then it will spring back to the April 2nd level. I have to ask you about the war in Ukraine. President Trump said he's going to speak with President Zelensky and Putin on Monday.

Former Vice President Pence told me it is time to impose harsh sanctions. Now, what say you, Mr. Secretary? Is it time to impose sanctions against Russia?

Well, I think we will see what happens when both sides get to the table. President Trump has made it very clear that if President Putin does not negotiate in good faith, that the United States will not hesitate to up the Russia's sanctions along with our European partners. What I can tell you is the sanctions were very ineffective during the Biden administration because they kept them low because they were afraid of pushing up domestic oil prices. Very quickly.

How long for the timeline until you move to sanctions? Obviously, there's a call, but if the president doesn't feel like there's progress, how much time is he? Look, I'm not going to tie the president's hands in his negotiations. Let me ask you, former Vice President Mike Pence echoed several of President Trump's quite frankly, own allies in expressing concerns about this plane that Qatar has offered to President Trump.

They are saying it sends the wrong message. It sends the wrong message and raises concerns ethically, raises concerns constitutionally and about security. Why is it appropriate for the president to accept a $400 million jet from Qatar? Well, it's not.

The president accepted to be the United States government. And Senator Mullen said this weekend that the talks had actually begun under the Biden administration. So, Kristen, what I can tell you is I think this is a off ramp for many in the media not to acknowledge what an incredible trip this was, that President Trump has brought back trillions of investments in the United States, every stop we made that the enthusiasm in Saudi Arabia, in Qatar, in the United Arab Emirates to invest in the United States, that they want to push more and more their funds here. And if we go back to your initial question on the Moody's downgrades, who cares about Qatar?

Doesn't. Saudi doesn't, UAE doesn't. They're all pushing money in. They want to.

They've made 10 year, they made 10 year investment plans. So this administration, we're doing peace deals, trade deals and tax deals. And just very, very quickly, President Trump has said he plans to keep that playing this presidential library after. But when you say to some Republicans who argue it sends a message that the United States can be bought or that other countries can curry favor if they offer gifts, I say that the gifts are to the American people.

These trillions of dollars of investments that are going to create jobs in the US Whether it's the UAE building this gigantic aluminum plant in Oklahoma, whether it's these data centers that Qatar is going to do, is 600 billion on its way to a trillion from Saudi that it all accrues to the American people. All right, Secretary Bessman, you had a long week traveling. The president, thank you so much for being here. We really appreciate it.

Good to see you. Great to see you. And when we come back, Democratic Senator Chris Murphy joins me next. Welcome back.

Join me now is Democratic Senator Chris Murphy of Connecticut. Senator Murphy, welcome back to MEET THE press. Yeah, thanks for being back. Thank you so much for being here.

You just heard my conversation with Treasury Secretary Scott Besant. We were talking about the president's tax bill. Secretary Besant argues it will create hundreds of billions of dollars in economic growth. You obviously are one of the Democrats who opposes this bill.

Are Democrats standing in the way of the economic growth that Secretary Bessant was just arguing? Well, what we're standing in the way of is the most massive transfer of wealth from poor and middle class to the rich in the history of the country. This budget bill is an absolute disaster. It is going to kick over 10 million people off of their health care.

Medicaid covers about a quarter of all Americans in order to pass along a new trillion dollar tax cut for the richest 1%. Nobody in this country is for that. And in addition, it's going to dramatically drive up the deficit. I heard the treasury secretary say that who cares about the downgrading of our credit rating from Moody's?

That is a big deal. That means that we are likely headed for a recession. That probably means higher interest rates for anybody out there who's trying to start a business or to buy a home. These guys are running the economy recklessly because all they care about is the health of the Mar a lago billionaire class.

They only care about their corporate friends. They're going to destroy this economy. They're going to throw millions of people off of health care just so they can pass along the benefit to a small handful of very rich Americans as deeply unpopular. My hope is is that it won't pass that enough.

Republicans see that nobody is asking for that massive investment in only a small handful of Americans that vote against it. Let me ask you, you raise the issue of Moody's downgrading nation's credit rating. Of course, they do cite the debt that the nation has accrued, of course, over decades in Democratic and Republican administrations. Why didn't Democrats do more to address the when you all were in power?

Well, I think it's important to remember that some of the most important legislative achievements during Joe Biden's presidency were done in a way that reduced the deficit. In fact, the Inflation Reduction act, which made massive investments in renewable energy reduce prescription drug cost, was done in a way that drove down the deficit, not driving the deficit up. Most of the deficit was added under Joe Biden's presidency was in those early days when we were still recovering from the pandemic. But there's just no doubt that it was Donald Trump who added more deficits than any president in the history of the country.

And he's on pace to do it for a second time. It's going to crater the economy. And listen, it won't have an impact on his billionaire friends. His Mar a Lago crowd will come out all right.

But it will impact the regular people. I represent in New Britain, Bristol, Bridgeport, Connecticut. Former President Biden did see $4 trillion added under his administration. I would like to talk about former President Biden.

Newly released tapes from Mr. Biden's 2023 interview with special counsel Robert Herr show him really struggling to recall key mom, the dates, the death of his son Beau, as well as when former President Trump at the time former President Trump was allowed to take a look. And what's happened in the meantime is that as Trump gets elected in November of 2017, 2016. Senator, is this audio proof that President Biden shouldn't have run for reelection?

Well, I don't know that that's particularly fair excerpt. That's a very emotional topic for the president. But obviously in retrospect, the president should have gotten out of the race earlier. There's no doubt that the Democratic Party would have better served by having the ability to have an open primary.

Kamala Harris probably would have done very well in that process. But in retrospect, we lost. And so I hope you can defend the way in which our politics played out. Listen, what I've said is that like anybody who reaches that stage in their life, you know, there is some level of diminishment.

But I got to work with the president pretty closely in 2022 and 2023, and I saw a president who was passing legislation and helping American people at a pretty unprecedented rate. That being said, by 2024, the American people had decided that they wanted something new, they wanted something younger. And it was a mistake. It was a mistake for Democrats to not listen to the voters earlier and set up a process that would have gotten us in a position.

We could have been more competitive that fall. Let me ask you this. The new book Original Sin by Jake Tapper and Alex Thompson goes even further and actually details what they call a cover up from the White House from top aides around the president. Here's a little bit of what they have written.

Quote, one senior White House aide who left because they didn't think Biden should run again, confessed to us that we attempted to shield him from his own staff. So many people didn't realize the extent of the Decline beginning in 2023. Do you think some top officials in the Biden White House covered up the state of his mental health at the time? Well, I haven't read the book, and so I don't know what to say about the allegations they make.

But I know that I worked with him throughout 202022 on the gun bill, which has saved, by the way, thousands of lives. He was intimately involved in those negotiations. I was in the White House in the fall of 2023 doing an hour and a half long meeting on some really complicated developments in the Middle East. I saw a president who was in control.

So that's my experience, admit that by 2024, the American public had made up their minds, right, that they wanted the Democratic Party to nominate somebody new. And it was absolutely a mistake for the party to not listen to those voters. Just to be very clear, do you bear some responsibility as well? I think we all bear responsibility.

And I think, you know, we maybe didn't listen as early as we should have, in part because we have immense loyalty to this man who had led this country out of a pandemic, who had been maybe the most prodigious legislator as a president, the Inflation Reduction act, infrastructure act, the bipartisan gun bill in a generation. But ultimately, in retrospect, you can't defend what the Democratic Party did because we are stuck with a madman with a corrupt president in the Oval Office, and we should have given ourselves a better chance to win. Well, let me ask you a part of my conversation with Treasury Secretary Bassett in which I asked him about that $400 million jet that Qatar is offering, offering to the president, to the United States. President Trump said it would be, quote, stupid not to take it.

What is your response to that argument? That the US Deserves the biggest plane and President Trump says it's actually going to ultimately save the US Money. So why did he choose these three countries to go to first major foreign trip? It's not because these are our most important allies of the most important countries in the world.

It's because these are the three countries willing to pay him off. Every single one of these countries is giving Trump money, the plane from Qatar and investment in his cryptocurrency scam from the uae. And they're asking for national security concessions in return. This is the definition of corruption.

Foreign governments putting money in the president's pocket and in the United States giving them national concerned concessions that hurt our own security. By the way, the plane is not a gift to the American people, as the secretary said, it is going directly to Donald Trump. That library will take a decade to build. And so once he leaves the White House until the library is built, he gets to use that plane to fly around all of his billionaire friends.

Well, his policies result in millions of Americans losing their health care and having to pay higher costs. That is the definition of corruption. All right, we'll watch how it all unfolds. And Democrats are discussing various ways potentially try to block it.

Senator Murphy, thank you so much for being here. Hope you'll come back soon. Appreciate it very much. When we come back, former Vice President Pence shares what his relationship is like with President Trump now.

Welcome back. Former Vice President Mike Pence left Washington in 2021 and ran for president against his former boss in 2024. In my conversation, I asked Mr. Pence what his relationship is like now with President Trump.

You, of course, recently saw President Trump at the funeral for former President Jimmy Carter. Do you ever talk to him? Does he ever reach out to you for any counsel at this point or, you know, there were difficult days at the end of the administration. But what's not widely known is that the president and I parted very amicably he thanked me from the Tarmac Commanders Air Force Base and my family by name for the service we rendered the country and to him.

We'd speak several times a month in the days after we left office. The day I went to the inauguration, the president called me. We talked for an hour about conversations I've had with people on the platform. But what saddened me was several months after we left office, he returned to much of the same rhetoric that he had used in the run up to that fateful day of January 6th, and talking again about the election being stolen, suggesting that I, I could have had the ability to overturn the election.

And that was where I just came to the conclusion that we best part ways. I did see him at the Carter funeral and we had a warm exchange. I stood up, I shook his hand and I, I said, Congratulations, Mr. President.

And I could tell you he softened and said, thanks, Mike. And I congratulated the first lady as well. It was a, it was a good moment. And I, I pray for the president often and I want him to be successful.

And when we, you can see my full interview with Vice President [email protected] and when we come back, President Trump's agenda meets resistance from the courts and Congress. The panel is next to welcome back. The panel is here, NBC News chief Washington correspondent Andrea Mitchell, co anchor of PBS News Hour on the Navaz, Stephen Hayes, editor and CEO of the Dispatch, and Ashley Etienne, former communications director to Vice President Harris. Andrea, let me start with you a lot to unpack President Trump coming off of his first foreign trip.

I discussed that to some extent with Secretary Bassin, and it comes as he's preparing for these key talks on Monday with President Putin, with President Zelensky. What are you hearing about the talks and the fallout from the trip? Well, right now, the secretary of state today is meeting along with JG Bance, the vice president, with Zelensky at the Vatican in his homily. Pope Leo, with his inaugural mass, called for peace in Ukraine and Gaza as well.

But, but with President Trump talking to Vladimir Putin, he has never pressured Putin in any conversation that we know of. He has pressured Zelensky. And so we don't know what's going to come out of that. There is growing support for sanctions.

You heard, of course, Secretary Benson said that they wouldn't hesitate. And there's now, Lindsey Graham says, more than 77 votes, pushing 80 votes in the Senate, bipartisan support for that. The other big outcomes of this trip, he did. The opening of Syria is a Big deal.

The overtures to Iran possibly could be, you know, a landmark deal. But what others are talking about, I've talked to top diplomats in among our closest allies. They're concerned that, first of all, the deals that Secretary Benson talked about, a lot of those were negotiated under Joe Biden. Those take years to negotiate.

He's taking credit. President Trump is for them. And secondly, there was a lot of deal making by his sons and a lot that was being done for his own advantage. They've been very open about this and it's frankly disturbing what they're talking about.

Diplomats among our closest allies are talking about the normalizing, about what they criticize as personal corruption that is taking place this, this term. Not to the extent that it certainly was maybe behind the scenes last term. Yeah, let's talk about the deals because that is sort of a big overarching theme of this administration. Here you have President Trump trying to get a deal with Congress for his agenda as he's trying to get this deal to end the Russia, Ukraine war.

How do you see all of this unfolding? What is really a critical juncture here? Obviously, the Russia, Ukraine deal is going to ride on whether or not Putin is acting in good faith. We see no indication that he is so far.

It's worth noting Russia launched the large, largest drone attack in the history of the war overnight on Ukraine. And that probably tells you everything you need to know about how Putin sees this moment. So big questions on that, on the budget deal back here. But this is a key part of President Trump's second term agenda when it comes to cutting taxes and border funding and spending.

The fact that that did not pass with Republican support in the budget committee, it's a setback for the president. Obviously, the concerns there are people calling for more cuts. They're concerned about exactly the things that you cited. The Secretary Besson, that this could have $4 trillion to deficit over 10 years.

But the history here matters here as well, right? This has not yet reached the full chamber. President Trump was away. What I'm hearing more White House officials and others is when he gets back, he's going to get more personally involved.

He's already used his social media megaphone to apply some pressure saying Republicans need to unite around this. We've seen him call individual lawmakers, twist arms, get things across the finish line. And Republican lawmakers haven't stood up to him yet on any of the major issues, whether it's rescinding congressionally appropriated funds or pushing through his nominees for the Cabinet. It's Hard to see they're gonna stand up to him on the one thing that matters most for his agenda.

So much is riding on this bill, as points out, and it does come against the backdrop of Moody's downgrading the nation's credit rating, the tariff wars that continue. And you heard Secretary Besson in response to Walmart, saying they're not gonna pass some of these prices on, saying Walmart said to him they will eat some of the costs. Not all of them, but some of them. I mean, talk about this moment from a political perspective for the president, because there is a lot on the line here.

Yeah, there sure is. We witnessed the death of Talking Point on your show this morning and with President Trump's post yesterday on social media. The president has made the case for years, including repeatedly throughout his campaign, that foreign countries pay tariffs. That's not true.

As Scott Bassen told you today, Walmart is going to eat some of the tariffs. This is something the president encouraged Walmart to do yesterday. Well, Walmart doesn't need to eat the tariffs if foreign countries are paying them. So we know that that's not true.

And I think anybody who's keeping casual attention to tariff policy in the past understood that what the President was saying wasn't true. But we've seen the death of the talking point. It'd be better if we have that conversation based on economic facts and history rather than rhetoric. It's a fascinating point that he really did put a fine point on, that idea that tariffs are paid ultimately here in the US Actually, I have to turn to you and turn the conversation to former President Biden.

All the revelations this week. I do want to read something that a Biden spokesperson said about that audio that we heard from his conversation with special counsel for her. He said the audio does nothing but confirm what is already public. Take us inside your conversations.

How much does this moment hurt Democrats? I mean, I agree with. I don't think it really has any impact, but this is how I see it. The real question is, why release this tape now?

And it's clear to me that President Trump released the tape, tape because he's trying to distract from his disastrous, unprecedented, disastrous first 100 days. And we've all been talking about that at the table today. So to me, that's what's, that's what's at play. Imagine a situation where you're so desperate, so underwater on every issue, that you play your best card in the first six months of administration.

So the way I see this is this is good for Joe Biden, it's good for the Democratic Party because we dispense with this now and not closer to the administration. For Joe Biden, it has raised new questions about his decision not to get out sooner, as you just heard Chris Murphy say. Well, I do believe that. I think the problem with the Democratic Party right now is that we've not produced an autopsy.

We've not produced a necessary of what actually happened in the election. And to address this issue head on. If we were to, we can reconcile, coalesce, speak with one voice and move past it. Andrea, what are you hearing?

Tough moment for potential 2018. I mean, there was a lot of affection for Joe Biden, but it really has evaporated to a great extent because of how terrible the Trump presidency in your description actually has been in the first 100 days. But mostly because people remember what they saw. What are you going to believe near your lying eyes?

People saw the debate. And immediately after the debate, they realized, Democrats as well as Republicans, legally on their part, that this was a terrible mistake, that he should not have run. Whether or not he and his family and his closest advisors thought he was up to it, then they had to look forward to four years, five years by the time the campaign was over and that he, his health would have continued to diminish. He was not eating well, he didn't look well.

And people wanted to change and they wanted a primary. And President Obama, former President Obama and Nancy Pelosi were right about that, but nobody was willing to really push hard enough. And certainly the caucuses did not move quickly. And I keep hearing this word trust that Democrats feel like they've got to rebuild trust at this point.

I think that is the challenge to Ashley's point. Democrats are going to be asked about this now in the back of the book on the audio being released to you. I concerned if I was too old before, some of these things confirmed that. Now, I will say the consistency that I'm hearing from some Democrats when they're asked about this is the US Senator Murphy.

I've been asking senior Democrats when I speak with them, too, people who were close to him, who saw him regularly even in the final months of office, maintain to this day, they never saw anything like what they saw at the debate in private. And they also say it's not gonna be an issue for them in 2020. I'm sorry, that's crazy. That's crazy for them to say.

And one of the things that this book does, it provides chapter and verse detail after overwhelming detail that they did know and that everybody knew. We knew. We knew. We watched it.

That's part of the problem. But, you know, the question is, how does Joe Biden respond in the next few days as this book sort of unfolds? I really think that the issue is that this runs some risk for perceptions of his legacy. There's two issues.

We can either look backwards, litigate the past, or move forward. But Joe Biden's gonna have to turn that. He's gonna have to wait. And if his team continues to be defensive on this issue, gonna compound the problem for the party internally and externally.

And it's also gonna have implications for the legacy. This is his legacy. Absolutely is great conversation. Thank you all for being here.

Rec that is all for today. Thank you for watching. We'll be back next week because if it's Sunday, it's Meet the Press. He was a young Marine.

She didn't care about convention. They made a life together. Then one night, the Marine died. And then the death investigation took a wild, unexpected and utterly bizarre turn.

I'm Josh Ma and this is Trace of Suspicion, an all new podcast from Dayline. Listen to all episodes of Trace of Suspicion now, wherever you get your podcasts.

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This episode was published on May 18, 2025.

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Former Vice President Mike Pence shares his views on the second Trump administration. Treasury Secretary Scott Bessent responds to warnings from the world’s largest retailer about rising prices tied to President Trump’s tariffs. Sen. Chris Murphy...

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