Sen. Mark Warner, Gov. Kathy Hochul, David Becker and Chris Krebs 

16:07Margaret Brennan:OK, because China was described as attempting to influence. It was Iran and Russia, primary actors directly undermining the election in some of those 2020 statements. It sounds like you're saying he didn't read the memo. Look, we could not have been more clear. Or search the web. search the web. We did report on it on this network. I know. I remember. David, I want to go to you because the president said a lot of things. One of the other elements this week was what the Justice Department put forward. Harmeet Dillon there sent a letter to state saying any election official who knowingly retains non-citizens on voter registration list or facilitates non-citizens in casting ballots will be held criminally liable.

16:49Margaret Brennan:And then DHS Secretary Mullen described here the consequence of refusing to participate in their program. Take a listen. If the election officials, once we gave them the information they need to secure their elections and they chose not to, then those individuals can also be held accountable by fines, by penalties, and even depending on how far it goes, prison time. You speak to election officials. Are they concerned that sounds like a threat? hardly a week goes by where someone in this administration doesn't threaten election officials with arrests. This week we had at least two prominent administration officials doing that.

17:30It's become almost a running joke. They've been into this administration 18 months now. The total number of election officials who've been arrested for wrongdoing is zero. And that's appropriate because not only have they committed no crime, they've actually acted heroically and patriotically to support and facilitate our democracy through a pandemic and the aftermath with disinformation. What Secretary Mullen's talking about there, he's trying to pressure states to surrender sensitive voter data to the federal government. And the DOJ has filed over 30 lawsuits about that, and they are 0-16 in those lawsuits so far.

18:07He's threatening them with arrest for following the law. And so I think the election officials in the states feel very confident that they are following their state laws, they're following federal laws, they're doing everything they can to make sure this election is going to be safe, convenient, and secure.

18:21Margaret Brennan:We are 107 or so days out from November 3rd. What Secretary Mullen talked about as well is he said there's going to be a public plan in 30 days, stay tuned, but he wants them to use the systematic alien verification for entitlements program, the SAVE program, to screen for the citizenship of voters. How does that work? For people at home who may say, sure, there's a law that says non-citizens cannot vote in federal elections. They say, well, what's the problem with showing an ID? So the SAVE system is a federal system that takes data from federal sources. It's currently in legal limbo because there are some challenges over whether it's legal or not.

19:04And from the limited federal data that it has, it can then match it in some cases to data that states may choose to share with it. The problem is that DHS admits that data is incomplete. They don't have all of the data. So a lot of the individuals that they might flag are actually citizens. They just don't have the documentation in the federal database to back that up. The states actually have far better data. The states are doing a really good job with this. And the reason they have better data is because when you go into a motor vehicles agency and you get a license, particularly a real ID, you have to show proof of legal presence.

19:34And that data, what you've shown, what you've documentarily shown to a government official, is kept in that database. And so you see election officials in states like Georgia, which is run by Republicans, in states like Michigan, which are run by Democrats, and all across the country, able to do a better job of confirming that there are non-citizens on their voter lists than the federal government could ever do. And they've been in office for 18 months. And now they're talking about coming up with a plan in 30 days. And in that 18 months, they've only charged 39 people throughout the entire country with voting as non-citizens.

20:10Margaret Brennan:Chris, we were checking for what election officials were saying after Thursday's revelations. Republican officials in West Virginia and in Utah say they have no outreach from the White House about direct election threats. They said, you got them, bring them. Utah said they actually want the election security resources to be restored and to have the federal government stop filing frivolous. Again, this is a quote, lawsuits that consume our precious time and taxpayer resources. there are, what, a thousand people who were cut from the agency you used to run. What should be happening to make sure that these officials have what they need?

20:48Margaret Brennan:Because they said they do want some federal help. Well, first off, exactly what Secretary Warner in West Virginia highlighted. If there is intelligence that needs to be shared with the states, get it to them. And typically, you share the intelligence with the affected parties prior to making a public announcement. So if there was something that new in the Thursday night address that needed to get out to election officials, that should have gone out Wednesday or Thursday morning. And as of Friday, it had not, you know, trickled down to West Virginia. In 2020, we conducted 33 classified briefings with election officials.

21:212020, 33. As far as I can tell, there have been no classified briefings with election officials since the beginning of this administration. So number one, we need to start the partnership and engagement with election officials, get them the intelligence they need. We need to recapitalize CISA, rehire CISA, stand up the election security initiative. We need FBI task forces. We need the DNI mission centers all around election security. And we need to give them the funding and the resources they need to modernize their security systems and get the people out there that conduct these safe, convenient, secure elections.

21:55Margaret Brennan:And David, what are you hearing from the officials you speak with? It is the states that administer the elections. But what kind of federal help do they even want? Well, remember, and Chris alluded to this, in the first few months of this administration, they dismantled all of the work that the first Trump administration under the leadership of Chris had built. And the Biden administration continued. It took a long time to build trust and credibility and expertise so that states would welcome federal assistance. That's not their normal status. And they built that up admirably. And starting in February of 2025, almost on day one, they dismantled all of it.

22:30And so all of those things that Chris was talking about that are so essential to push back on foreign influence campaigns, they're gone. On the bright side, and this is a pretty limited bright side, that happened early in the administration. So the states have been able to prepare for that. They have been working and networking amongst themselves to fill that gap. And at the end of the day, they have paper ballots. They audit those paper ballots to make sure that they're counted properly. They've hardened their systems, their voter registration databases. It's going to be a secure election.

23:00Margaret Brennan:Thank you, gentlemen. Both of you will be right back. Stay with us. Welcome back to Face the Nation. We go now to the governor of New York, Kathy Hochul. Good morning to you, Governor. Good morning. You've got a big day, World Cup finals in nearby New Jersey. I know you'll be attending those. So will the president of the United States, the president of Mexico, the Canadian prime minister. Given the threat environment, are you confident in the security measures? Absolutely. We've worked so close with our federal, state and local partners in law enforcement. We have been preparing for this for literally over a year, over a thousand exercises, tabletopping all the scenarios.

23:40So we're with the best and particularly with NYPD, the world's greatest police force. I feel very confident in our security and we're so happy to welcome the eyes of the world. The entire planet is going to be watching what is happening right here in the New York City area. So it's exciting. Very exciting time for us.

23:57Margaret Brennan:Truly billions watching and we will be, too. Governor, I want to ask you about a decision that you made this past week that made very big headlines. You signed an executive order to ban large scale data centers for a year. These are those big buildings that help to power artificial intelligence technology centers. It was just a few months ago you said data centers were a local decision for municipalities. What what changed for you? I would say what changed was talking to the localities and realizing they don't have the negotiating ability to have the clout to be able to demand that their communities benefit from this.

24:36in a more dramatic way. They also don't have the ability to insist that these companies bring their own power or pay more for the grid. They don't have an ability to say no to tax breaks. And so I decided that I could do much more, especially in this, actually flooding the zone is what's happening now. We have over 30 applicants, so in a very short time, I changed my position saying, you know what? The state has to lead here, but it's not about being the first. It's about being the first to get it right. And we will get it right over the course of this year and help those localities negotiate the right way, make sure we're keeping track of how much water is being consumed, doing a study of that during this year.

25:15But also insisting that these companies, and they're welcome with the conditions and the rules that we set forth, that they also contribute to the larger grid. because this is a huge tax on our grid. And I want to make sure that the power is there, our limited power is there for the large companies that are creating jobs like the Micron that we recruited here with 50 ,000 jobs. So we'll get the right balance, but I'll tell you this. People want protection. New Yorkers want protection. There's a lot of anxiety. Companies want certainty. We'll give them both.

25:47Margaret Brennan:Well, governors from red states like Missouri, Montana, Wyoming, They signed this White House Rate Payer Protection Pledge, which I guess has AI data centers sign on to promising not to increase consumer prices like companies, OpenAI and Amazon, say they'll help cover the cost of infrastructure upgrades. Have you talked to companies, these companies, about doing the same in New York? Why isn't a White House pledge like that sufficient? asking these companies to keep their word on how much they're going to consume. I'm more realistic than I am, perhaps. I'm willing to say I will get it right in New York.

26:29We'll work with the companies, but also, and we're open to AI. Absolutely. This is a place for innovation is welcome and celebrated. But my view is if you're going to succeed in New York because of our talent and our resources and our people, I want to make sure that New Yorkers succeed as well. So it's not a one-way street. I don't want the companies coming in and telling us how to do things in our state. But they can be welcome when I lay out the rules of the road, which they will embrace. I mean, once they know how to play the game, how to do things in New York, they'll want to come. But I need some breathing room.

27:04So my agencies, I've got seven agencies dedicated to different elements of this, the economic development benefits for communities, how we manage how much they're going to be consuming in water, how we make sure that. I mean, just to say, make sure the ratepayers don't pay more. How do you enforce that? I'm more realistic. I want to get things done and make it really be effective.

27:23Margaret Brennan:It sounds like you want evidence to help get you to yes. But in the meantime, you are hearing concerns from unions, for example, that this is going to turn away jobs and that it'll send a signal that New York is not a place for companies to invest long term. How do you address that? That's not the right conclusion from what I've done. We've been very clear. And as someone who's created more union jobs in this state than anybody in history, the largest private sector development in American history is going on right now with this micron. That is 20 years of union jobs building this. We also have tens of thousands of union jobs over years building the gateway tunnel, which was stymied, stuck, not happening until I unstuck it.

28:07So I've got more jobs for union members. They don't have to worry about my commitment to their jobs. But wouldn't they be rather building jobs that there's jobs that remain after the construction season is over, that the project is built, that we actually have people, their neighbors, communities, people actually working in those buildings with long-term good-paying jobs and not just focused on construction, which is very important. So I'm asking everybody to say, take a breath. This is not the end of the world. We'll get through this. And New York always leads in a smart way. And that's what I'm really proud of, of what we're doing here.

28:40Margaret Brennan:I want to ask you about election security. We're about 100 days out from Election Day. States administer the elections in this country, not the federal government. Are you getting the kind of election security resources your state has gotten in the last few years? Do you have what you need? No, the federal government has basically been dismantling all the protections that we've come to rely on to protect this core essence of our democracy, the knowledge that when you cast that vote, that citizen's right, that obligation to determine who our leaders are, that it is uncompromised. It is not being challenged by the federal government just because they're so worried about the upcoming results.

29:21That is exactly what is happening. I want everyone to focus on that. Yes, we passed the John Wright's Voting Act. We have the toughest protections in the country. And just recently, I signed a law, many, many protections against what ICE is doing, to say ICE agents cannot show up at polling places. Can you see this scenario? Black and brown communities across our country and in New York, where they're all of a sudden on Election Day to create that fear factor and intimidation factor that they're so good at. I do not want to see that compromise the validity of our election. So what Donald Trump is doing right now is throwing out the biggest red herring you'd ever see and questioning the actual results that are happening.

30:04So we're working hard on this. I'll make sure that we are protected. But I can't count on the federal government for anything in this space because they're compromised.

30:13Margaret Brennan:Under federal law, armed agents are not supposed to be at election centers. The attorney general nominee, Todd Blanche, said he'd follow the law, but it sounds like you are still concerned that that might happen. Have you? They don't follow the law very much at all, Margaret. They don't follow the law much at all. So, again, trust but verify. I'm going to verify and ensure that New York State is doing it right. I don't trust that they're going to say this because what happens is they say the day after, like, oh, well, we didn't mean to do it, and oh, sorry about that. But, you know, these are people who go around killing individuals in our streets.

30:47So they have no credibility with me when they say anything.

30:50Margaret Brennan:We will speak to the White House about that topic shortly. Thank you very much, Governor. We'll be right back. Return now to the economy. On Thursday, we spoke with Bank of America's CEO Brian Moynihan and asked him for an update. Well, affordability is a challenge. It talked about challenge that we see in our customer base. But as you look at what's really going on, we see a couple things. One is the consumers that are 70 million consumers who spend about$400 billion plus a month are spending about 6 % more money this month of June of 26 versus 25, and likewise in the first part of July here.

31:29So they're spending money. And while the consumers reflect on higher gas prices or higher food prices and inflation and things like that, and they're worried about it, What you see is especially the middle third of households and the top third of households by income, their spending is growing faster. What's been interesting, frankly, in the more recent past, in the last couple of months, is we're seeing the wage growth of all income cohorts kind of coalesce together around 3 to 4 percent, which is good.

31:57Margaret Brennan:So they're holding in there, even though we're seeing gas prices have raised the cost for drivers by 31 percent since this war with Iran began. I know fuel inventories remain low. How are you thinking about how this geopolitical uncertainty factors in to planning? So the price of oil and gas affects not only the gas at the pump, which is what you're first reflecting on, and that is up. It actually started coming down, and as the oil prices rise, it might rise back up. But it basically, when we were running around$100 barrel of equivalent oil, you were running about a$4 and change gas price. It actually had come down from the month of May to June because that's when the oil started flowing more.

32:40But I think if you talk to businesses, it's different. What consumers see is a concerning nature that is out there. But when businesses see it, they worry about the cost of goods that's coming through the pipeline. So the goods are being manufactured now, have imported oil and gas to go into the plastics production or the material production or whatever it was during the time when gas prices were high. And that's why our team has inflation staying higher all the way into 27, 28, and why the Federal Reserve will probably, you know, our belief is will raise rates. Whereas six months ago, they thought the Fed would be cutting rates.

33:15They're actually believing they'll raise rates to fight off this inflation, and it will take them a while to get through it.

33:19Margaret Brennan:So raise rates, you think the Fed will act as soon as next week to do that? Or, excuse me, end of the month to do that? I don't think we, no, more towards the end of the year. Our team has some raising rates. And, you know, I think based on the recent data came out, they had three rate rises, whether they hold that with some of the inflation numbers. But the reality is it's sort of the tail end of this year into next year. And it really will depend a lot on the path of other price cohorts other than just oil and gas at the pump. And that's the question of what's going on in housing and food and other places where you're seeing some continued progress being made.

33:54It's drifting down, and it's drifting down slower than people would like it. But the reality is this type of inflation takes a long time to squeeze out the system. When you go back to the post-pandemic infusion of cash and infusion of activity, that just takes a while to squeeze out.

34:08Margaret Brennan:When we looked at Bank of America's earnings recently, you had record sales and trading revenue in the quarter past. A lot of that, some of it churned from energy price swings, but some of it, it seems, from the tech boom of these massive AI companies and the public listings. How do you think about that, what looks like a tech boom? It's absolutely a strong market for technology and other IPOs. There's biotech, there's biology, there's drugs going out, getting IPO'd and things like that. There's M &A activity. And so when you're talking about the investment banking activity of Bank of America was up 70 % year over year or something like that, and our peers were up like amounts.

34:53And that has a lot to do at 50 percent, actually. That has a lot to do with the amount of activity our corporate clients are doing, in part also comparing to last year, which was a deliberation day quarter. The good news is that our company, the nominal dollars we earned in the first quarter and the second quarter went up in investment banking. And that's reflecting the environment around us.

35:11Margaret Brennan:Yeah. Jamie Dimon said it's getting close to as good as it gets. We just don't know how long it's going to last. I guess you're in that same camp. You don't know how long this is going to last. always that's the pipeline we we measure what we call pipeline so i you what's the ford activity that yet not haven't yet booked in other words the deals and process and and that activity is as strong as it's ever been well it's fascinating because wall street is benefiting from this ipo boom around ai but it is the state of new york where you are sitting right now that has now become the first state uh to bar the construction of large-scale data centers there's just so much political heat around this, this idea of not in my backyard.

35:56Margaret Brennan:And the president argues this is all a driving force for jobs and a good thing. Do you see more states following suit? This is a classic struggle of land use, and everybody's working it through, and everybody will work it through differently. There's the stories about New York putting a pause on in terms of further development while they try to figure out the dynamics of electricity pricing, water pricing, and things like that. There's other states are saying build it. Louisiana has a major facility going in. So I think we see it handled differently, but it really comes down to America being America, my community, my town hall, my town meeting, my mayor, my council deciding what they want to do or my governor.

36:34And I think that's where the population is trying to figure it out. And so there's a pretty good tug of war going on. But I think, you know, the facts ought to get on the table. The decisions ought to follow what people want for their community. And then, frankly, the data center builders will go to the communities that want them.

36:49Margaret Brennan:So I know you've got a FIFA sign next to you and the FIFA World Cup finals are this weekend. The world's going to be watching. You're a sponsor. Given how high ticket prices are to these matches, have you been surprised at the turnout at the tournaments and the spending? Absolutely not. Our team did a research piece, Margaret, that said that the total amount that is economically generated on FIFA is about$40 billion. and 20 billion would be in the U.S. And even when we look in host cities like Kansas City, we can see the growth rate in spending faster than other cities. So it's having this on-the-ground economic impact.

37:26And that spending is going into what we call bricks and mortar. It's going into bars and restaurants and things like that, not necessarily only the people in the stadium. And so it's an unbelievable phenomenon. I think the United States hadn't seen for a while, seen again. And to put it in context, You know, there are estimated 2 billion people watch that the finals on Sunday, which is just an amazing amount. And that's what the brand strategy for us was. We we had a great quarter internationally. We have a great international business. It's a very important part of what we do.

37:58Margaret Brennan:You can watch our full interview on our YouTube channel or on Facethenation.com. We'll be right back. Hey, it's Jen Hatmaker. Here's what I've learned in midlife.

38:08Mark Warner:Joy isn't the reward you earn after all the work is done. Joy is the work. That's what this new series on For the Love is all about. The sacred yes. It's choosing delight, rest, and pleasure on purpose. Because saying yes to yourself, that's the thing that finally lets you fill your table with everybody else. Come find your sacred yes with me. Follow and listen to For the Love wherever you get your podcasts.

38:35Margaret Brennan:And we're back with President Trump's border czar Tom Homan. Welcome back to Face the Nation. Thanks for having me. Mr. Homan, we saw that two immigrants were shot in the span of a week. There was that one in Maine that was fatal just days after another one in Houston. We also saw that man fleeing agents in Florida who then was struck and killed by a tractor trailer. I know you've been trying to keep the department out of the headlines ever since that streak in Minnesota that was deadly. How do you respond to those who say what's happening now looks like very little has changed? Well, you know, first of all, we'll wait and see what the investigations, how they play out, right?

39:18Because, you know, I don't want to get ahead of investigations on who's at fault, what exactly happened, because we all know when these investigations happen, there's going to be cell phone video, there may be city cameras, and of course, then you've got witness statements and affidavits from the officer and witnesses. So we've got to let the investigations play out, so I don't want to really comment on investigations themselves, but I think Mark Wayne Mullen took some action in concern of safety of the agents and how we do operations, and that's why he did that pause on enforcement on vehicle stops.

39:57But my concern is, I've done this since 1984, my concern is I think a lot of the rhetoric that you see every day, especially in sanctuary cities and at these protests that resist. Members of Congress saying ICE isn't a real law enforcement agency. I actually think that emboldens some people to say, I'm not going to comply with ICE. And I think no matter what people think of us, no matter what you think of immigration law, you should always comply with law enforcement.

40:26Margaret Brennan:Yes. But in the shootings in both Houston and Maine, the people who were killed were not the intended targets. Have you caught the people you're actually looking for? One of them, I believe we did. But, you know, that happens in law enforcement all the time. I mean, we're working, you know, we get leads on individuals. You say, OK, well, this subject lives at this house. He drives his car. and when that subject leaves that house you know six o 'clock in the morning and someone gets in that car from that house you know they assume okay this guy they'll do a vehicle stop and depending on when they make that stop and and that person complies either they're going to be arrested or released that's the way it's supposed to be so you know law enforcement deals with misidentity every day across the country not just ice every law enforcement agency i was a cop i I know that happens.

41:12Margaret Brennan:Yeah, but these were fatal shootings, of course, in Houston and in Maine. And in Houston, it was an unmarked car. So when you're saying don't resist, these individuals who were chasing the man who died, they didn't have markings on that vehicle that would allow for him to know that they were ICE. It just looked like a car coming after them in the videos. No, they have emergency lights. officers have insignia so when they get that car and post a car you can clearly see the law enforcement officers well in the video that has been public it's not about these these people I'm not saying it's a marked car but they have emergency lights and sirens so when they pull somewhere they want to activate the emergency lights a lot of a lot of police departments I'm in New York City right now a lot of NYPD officers are driving unmarked vehicles and that helps them find people that don't want to be found right so you know but bottom line is we'll see when the investigation plays out but they'd be alive today if they simply complied with with a vehicle stop by federal law enforcement just comply you can if you don't think you've been treated right and and they had no reason to stop you then there's avenues to take them to court to sue well the family of the man in houston said he thought he was being robbed because it was an an unmarked vehicle not that it was law enforcement at all they they had emergency lights they activate emergency lights blue light you know you know in in my vehicle i drive where i'm with my security you've seen that on video because we haven't seen one on video man that there were lights because in the videos that we've seen there aren't and because there weren't body cameras it is hard to substantiate some of what you are saying.

43:00Okay, well, I have not seen the videos, but I'm saying our vehicles are equipped with emergency lights. Now, if they didn't activate the lights, again, I haven't seen that video. If they didn't activate the lights, then there's an issue there, right? But I'm saying they are equipped with lights, so let me just caveat that. They should have been equipped with lights and sirens, but I do not know specifically if they activated those lights. As far as the cameras, Margaret, You know, everybody in ICE would have a camera now if the government wasn't shut down by Democratic members of Congress. There was money in that bill that they held up.

43:32I think it was$120 million to equip all ICE officers with cameras, but because the government shut down, we're behind on that. But they got$20 million in April. That wasn't enough. $20 million might have bought some cameras, but it doesn't buy the storage. It doesn't buy the resources we need for the thousands of FOIA requests we're going to get. There has to be storage capability to hold these videos for a long time. So it didn't fund everything. But now we have the funding after reconciliation. The cameras are in purchase. Right now they're training the trainer and deploying the cameras nationwide.

44:06Margaret Brennan:Do you think it was a mistake for the Trump administration to have proposed the body cam expansion at the beginning of the term? Because I know you have advocated for body cameras. And now you're playing catch up, right? I think body cameras are the way to go. I think body cameras let the American people know what that officer sees when he takes that action. When will everyone get one? You can have a cell phone camera from a witness on the side. You can have city cameras or whatever. But I want the American people to see what that officer sees when he makes the decision and takes an action. I think the American people need to see what that officer sees and hears.

44:41I think it's important. And if you look at the data, body cameras actually exonerate agents more than they provide evidence of wrongdoing.

44:49Margaret Brennan:Well, yeah, and it would certainly help with reporting and public knowledge. Let me ask you about something else. The DHS secretary has said they went through public records and identified 250 ,000 non-citizens in four states, California, Pennsylvania, New Jersey, and Nevada. I know those states don't share their voter rolls, so it looks like they're just pulling this from public information. For those states, are you planning operations before November? And And you do acknowledge that it would be illegal to have federal agents at election locations. You know, that's a question of DHS. I'm not in the loop on that.

45:27I'm not familiar with the information that DHS just released. I'm not in the loop on that. I'm at the White House of Borders, so that'd be a question from Mark Wayne Mullen. I'm not in the loop on that.

45:39Margaret Brennan:Okay. All right. Mr. Holman, thank you for your time this morning. We'll leave it there. Good seeing you, Margaret. We'll be back in a moment. That's it for us today. Thank you all for watching. Until next week, for Face the Nation, I'm Margaret Brennan. The senior executive producer of Face the Nation is Mary Hager Laird. The executive producer is Anne Hsu. This broadcast was directed by Shelley Schwartz. Face the Nation originates from CBS News in Washington. For more Face the Nation, we're online at facethenation.com and on YouTube. Face the Nation is also rebroadcast on our CBS News 24-7 streaming network at 1230 on Sundays.

46:20Margaret Brennan:It's available through our Paramount Plus app. Hey there, it's Jill Schlesinger. I'm launching a new show. It's called Money Moves, and your money is going to move. We're going to help you make better financial decisions. We're going to call out the BS you're finding all over social media. We're going to give you actionable guidance to make your financial life clearer, less stressful. We're going to answer your financial questions and take the mystery out of your financial life. Follow and listen to Money Moves with Jill Schlesinger wherever you get your podcasts.