MIKE POMPEO MADE AN UNEXPECTED TRIP TO SOUTH KOREA TODAY.
JOINING ME, YOU SIT ON THE FOREIGN RELATIONS COMMITTEE.
WHAT DO YOU THINK OF THE PRESIDENT SAYING HE WOULD BE
HONORED TO MEET WITH KIM JONG-UN?
>> I WAS VERY DISTURBED BY THE USE OF THE WORD HONORED BUT
FWILS WORD WHIPLASH. ONE THE MOST IT IS THE U.S. MAY
ACT ALONE. THE NEXT, SAYING PRESIDENT XI
WILL BE A BIG PARTNER. THERE'S MASSIVE SPACE FOR
MISCOMMUNICATION THAT CAN CAUSE EVENTS TO SPIRAL OUT OF CONTROL.
>> DO YOU THINK IT IS A GOOD IDEA FOR HIM TO MEET WITH THIS
LEADER? I'M HOOK AT THE RANDLE DEAL,
RELATIONS WITH CUBA, THEY TRIED TO RESET THE RELATIONSHIP WITH
RUSSIA. WOULDN'T IT BE A GOOD IDEA TO
TRY TO TALK TO THE NORTH KOREAN LEADER?
>> THE GROUND WORK HAS NOT BEEN LAID FOR A HEAD OF STATE
MEETING. I THINK THE PRESIDENT WAS RIGHT
AND TILLERSON SAID THAT WAS SOMETHING TO BE CONSIDERED IN
THE FAR FUTURE WHEN OTHER EVENTS HAD BEEN PUT INTO PLACE.
IF NORTH KOREA IS LOOKING AT THE SET OF COMMENTS AND THEY'RE
THINKING ABOUT POTENTIAL FOR NEGOTIATIONS OR CONVERSATIONS,
THEIR ACTIONS MAY BE SHE DIFFERENT THAN IF THEY'RE
THINKING ABOUT THE AMERICAN MILITARY RESPONSE.
THIS IS WHERE THE POSSIBILITY OF MISCOMMUNICATION, SENDING
SIGNALS THAT ARE CONFUSING COULD CAUSE A SITUATION VERY
PRECARIOUS TO END UP IN A DISASTER.
>> WHAT WOULD YOU ADVOCATE? >> I THINK IT IS RIGHT TO HAVE
CHINA APPLY MAXIMUM MSH. THEY'RE THE ONES THAT CAN SHUT
DOWN THE SMUGGLING. THEY CAN ENFORCE THE SANCTIONS.
THEY GO SEND THE COMMUNICATION, NOT JUST THROUGH CHINA DAILY
WHICH THEY HAVE DOUBLE, SAYING THAT NORTH KOREA HAS TO END ITS
NUCLEAR PROVOCATIONS, BUT THEY CAN SEND THAT SIGNAL PRIVATELY
AND FORCEFULLY AS WELL. THAT'S A KEY PIECE OF THE
PUZZLE. I'M NOT PRIVY TO THE DETAILS HOW
MUCH CHINA WILL PLAY THAT ROLE BUT CERTAINLY THAT'S A KEY
COMPONENTS. IN OTHER WORDS, PRESIDENT TRUMP
SAID HE IS CONSIDERING BREAKING
UP THE BANKS. >> I THINK IT IS VERY POSSIBLE
TO FIND COMMON GROUND. WE DON'T NEED TO RETURN TO THE
WALL STREET, MAKING BETS WITH AMERICAN CITIZENS' DEPOSITS.
THAT WAS A HIGHLY PRECARIOUS PLACE TO BE.
YOU SHOULD BE IN A WEALTH MANAGEMENT FUND.
NOT IN A BANK. I THINK THE CLARITY OF A 20th
CENTURY GLASS/STEAGALL WOULD BE VERY USEFUL.
>> ARE YOU GOING TO REACH TO THE WHITE HOUSE TO TRY?
>> I THINK I WILL. YES.
>> ON HEALTH CARE IT SEEMS LIKE THE HOUSE IS COMING CLOSER TO
REACHING A DEAL. WHAT ARE YOUR RED LINES?
>> WELL, THE DEAL THE HOUSE IS PUTTING TOGETHER IS TAKING AN
INCREDIBLY TERRIBLE STRATEGY AND MAKING IT FAR WORSE.
YOU START WITH THE 24 MILLION PEOPLE LOSING HEALTH CARE.
THEN YOU THROW INTO THE PRESIDENT'S APPARENT PROMISE
PRE-EXISTING CONDITIONS, AND WILLING TO EVISCERATE THE
BENEFITS PACKAGE. SO YOU END ONE INSURANCE POLICY
THAT'S MAY BE VERY CHEAP BECAUSE THEY'RE VERY WORTHLESS.
THAT'S NOT A HEALTH CARE SYSTEM. THAT'S WHERE PEOPLE DON'T HAVE
HEALTH CARE. THEY DON'T HAVE THE PEACE OF
MIND WHEN THEY GET SPK THEY WON'T END UP IN BANKRUPTCY.
SO I THINK THIS PLAN WILL BE DEAD ON ARRIVAL.
I DON'T SEE MY COLLEAGUES COMING CLOSE TO IT.
I'VE BEEN OUT IN 13 TOWN HALLS. OVERWHELMINGLY.
90% OF THE PEOPLE IN THESE COUNTIES ARE COMING OUT AND
SAYING DO NOT DO THIS. >> YOUR REPUBLICAN COLLEAGUES
THE WON'T SIGN ON IN. >> I THINK THEY WOULD PREFER --
THEIR LEGS WILL BE BROKEN BUT I DON'T SEE A SYSTEM MANY WHICH
THEY WILL PASS THIS THROUGH. I'M CERTAINLY