Enforcing large parts of our tough china trade policy, while working to create millions of new jobs here in the u. S. We allowed manufacturing in this country to wither on the vine in search of cheaper labor in asia, cheaper capital in asia. And here we are. Pretty well hidden, isnt it . If you didnt know how to get here, you wouldnt easily stumble across it. On the windswept island of alderney, the nazis operated concentration camps on british soil. Decades later, the British Government is investigating how many people were killed here. Why might the British Government have tried to cover up what happened on the Channel Islands . The world is full of great comedians. Kevin hart is a great comedian. A movie star, and, as youll hear tonight, a budding tycoon. Cheers. Are you a billionaire yet . None of your business, man. Are you trying to get me robbed . Trying to get me knocked in the head . Im lesley stahl. Im bill whitaker. Im anderson cooper. Im sharyn alfonsi. Im jon wertheim. Im cecilia vega. Im scott pelley. Those stories and more tonight on 60 minutes. good feeling by flo rida feat. Atr this is a hot flash. this is a hot flash. but this is a not flash. for moderate to severe Vasomotor Symptoms due to menopause. Veozah is the first and only prescription treatment that directly blocks a source of hot flashes and night sweats. With 100 hormone free veozah. You can have fewer hot flashes and more not flashes. Veozah reduces the number and severity of hot flashes day and night. For some women, it can start working in as early as one week. Dont use veozah if you have cirrhosis, severe kidney problems, kidney failure, or take cyp1a2 inhibitors. Increased liver blood test values may occur. Your doctor will check them before and during treatment. Most common side effects include stomach pain, diarrhea, difficulty sleeping, and back pain. ask your doctor about hormone free veozah. And enjoy more not flashes. 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As commerce secretary, shes running new projects that could touch the lives of every american. And shes helping lead the expanding cold war with china and confront russias aggression in ukraine. The battlefield for both those conflicts is technology. If you think about National Security today, in 2024, its not just tanks and missiles. Its technology. Its semiconductors. Its a. I. Its drones. And the Commerce Department is at the red hot center of technology. And at the red hot center, a global chip war that ramped up, says Gina Raimondo, when russia invaded ukraine. The Commerce Department stopped all Semiconductor Chips from being sold to russia. Every drone, every missile, every tank has semiconductors in them. And you know, lesley, you know were being effective because shortly after we started that work, we heard stories of the russians taking semiconductors out of refrigerators, out of dishwashers. What . Out of breast pumps, getting the chips to put them into their military equipment. However, the russians are now working their way around this. They are. Successfully. And theyre doing better in the war probably because of this. You are right in what you say. But, she says its absolutely the case that our export controls have hurt their ability to conduct the war, made it harder. And we are enforcing this every minute of every day, doing everything we can. These are some of the enforcers. Pushed to talk about our controls of russia. Raymondos team at commerce that monitors and polices the ban on any company in the world from selling products with american chips in them to russia. But not just russia. Ive made sure that the most advanced American Technologies cant be used in china. The chinese warn that these export controls could trigger an escalating trade war. Trade with china accounts for 750,000 u. S. Jobs. And if trade ends, we lose those jobs. We want to trade with china on the vast majority of goods and services. But on those technologies that affect our National Security, no. Those advanced chips are in consumer goods. Banks use them, hospitals. This is going toward products that are made for civilian use. Well, they also go into nuclear weapons, surveillance systems. And we know they want these chips and our Sophisticated Technology to advance their military. Her toughness has made her a target in china, where fake ads have her promoting the new chinesemade smart phono. Last year, the government in beijing hacked her email. And when she was in china, ironically on a trip to improve relations, the tech company, huawei, introduced that smartphone with an advanced chinesemade chip. It was, kind of, in your face, as if to say, look at the chip that we have. And it was a pretty good, highlevel chip. Well, i have their attention, clearly. And theyve gotten yours. Well, it tells me the export controls are working because that chip is not nearly as good. Its years behind what we have in the united states. We have the most sophisticated semiconductors in the world. China doesnt. Weve outinnovated china. Well, we, you mean taiwan. Fair. While American Tech Companies design the worlds most advanced chips, none are actually made in the u. S. 90 of them come from taiwan, and they are key to the future of u. S. Military weaponry. And china, from time to time, threatens, you know, the wolf to invade taiwan. And some people say the whole reason is to get their hands on those chips. Thats a problem. Its a risk. It makes us vulnerable. The problem of our outsourcing production goes way beyond hightech. With millions of American Workers having lost their jobs that went overseas, something raimondo knows first hand, growing up as the youngest child in an Italian American family in rhode island. This is the old bulova watch factory, where my dad worked for 30 years. Her dad lost his job when bulova abandoned the factory in 1983 and moved its operations in china. Its hard for you to imagine it now as you look around here, but this was a bustling place. You know, they had 1,000 people working here, food trucks on the sidewalk, an electric shop dye there, a tool and die shop there. And now this is what you have. And how old were you . I was in, like, sixth grade. But i saw the toll it took on my dad and my family. And that influenced her career choices. From when she studied economics and played rugby at harvard so, this is my office. To when she left a highpaying job as a Venture Capitalist to run for Public Office in rhode island. This was the day that i was sworn in as state treasurer. And those are my parents. Thats my dad. Thats your dad . Super proud of me. The man who worked at bulova. The man who worked at bulova, the man who taught me about manufacturing, taught me your job is about your pride, ability to take care of a family, not just a paycheck. Married with two children, raimondo, a Yale Law School graduate, was elected the states first female governor in 2014 as a moderate, probusiness democrat. Liberals in your party, this is a quote, look upon you as a sellout to big business. I think thats ridiculous. I hold businesses accountable as much as anyone. When i tell them they cant sell their semiconductors to china, they dont love that, but i do that. In late 2020, president elect joe biden called her about leading the Commerce Department, which until then, managed without much fanfare and headlines, a mishmash of agencies and assignments, ranging from monitoring the weather to measuring the level of contaminants in household dust. So, one day president elect biden calls you and said, what about being commerce secretary . And you heard that and thought . Truthfully, initially i thought, what does the commerce secretary do . Yeah. And then the president elect said to me, come, i want you to work with me to help rebuild american manufacturing. And i called my brother, my big brother, and he said, gina, dad would be so proud. Youve got to do it. Youve got to do it. And that was it. Once at commerce, she began to lean on congress. This is just good business. To fund her new programs with 100 billion, including 50 billion for the bipartisan chips act that she is now dispensing to reduce americas reliance on taiwan. Its a huge day for the entire country. Last month in arizona, she announced her first award for making leading edge chips in the u. S. To intel. We are announcing our intention to invest 8. 5 billion in intel, americas champion semiconductor company. Intel intends to construct and modernize facilities in arizona, new mexico, oregon, and ohio. Shes made two other big awards, totaling 13 billion, to taiwanbased tsmc, and the south korean company, samsung, to make the worlds most advanced chips in arizona and texas. Raimondo is also spreading her largesse elsewhere in the country with another huge initiative, the internet for all program. We went with her to a corning factory in north carolina, the Worlds Largest manufacturer of fiberoptic table. Youre looking at fiber on these spools, all different colors. Whats inside of there is actually one of the most precise products ever manufactured by man. Wendell weeks, chairman and ceo of corning, is expanding production to some of the 10 million miles of new cable thats needed to connect the 24 million americans living mostly in rural america, who dont have access to highspeed internet. And under prodding by raimondo, hes investing cornings own capital to do it. We invested another half billion dollars and doubled our footprint for the u. S. When youre spending all this money to connect, you know, small numbers of people, who lives mile away, the expense almost doesnt make sense. It does make sense. The internet is no longer a luxury. You need it to see the doctor, to go to school, to do your business, to pay your bills, to sign up for, you know, social security. Everyone has electricity in this country. Everyone ought to have the internet. Together, she says, the internet for all and the chips act initiatives will create about a half million jobs by 2030. But wall street is skeptical. Intel, for example, just reported 7 billion in operating losses. When you go to pick these Different Companies to give the money to, its social industrial policy, something, you know, we gave up because it was shown that private industry does a better job picking. Youre smiling. Well, do they . Because in the case of semiconductors, the market didnt get it right. How did we lose this . We allowed manufacturing in this country to wither on the vine in search of cheaper labor in asia, cheaper capital in asia. And here we are. We just pursued profit over National Security. There are Strings Attached to these grants. They have to provide daycare. You want them to have a diverse workforce. The union markers . That is not social policy, lesley. Sounds like it. Its math. This is pure math. What do you mean . You wont have enough workers to do the job unless you figure out how to get women working in the facilities. But on that point, if they need women and women need daycare, thats a decision for the company to make. Why mandate it if its what they need . Its not mandated. To be clear, these are not mandates. But its written in there. It is written. But you know whats funny . I never hear complaints about this from the companies. The only complaints i have are from politicians. In her three years in washington, raimondo has elevated the Commerce Department and its secretary into a highprofile player. China wakes up every day figuring out how to get around our regulations. Weve got to wake up every day that much more relentless and aggressive. So, i bring it every day. So, here comes the inevitable, obvious question that you know is coming your way. You are on a list of future president ial candidates. Does that sound good to you . Is it appetizing . What sounds good to me is being the best commerce secretary theres ever been. One qualification for high office is being able to duck a question like that. Made my life a lot harder. But the picture started changing when i started on vyvgart. Vyvgart is for adults with generalized myasthenia gravis who are antiachr antibody positive. In a clinical trial, vyvgart significantly improved most participants ability to do daily activities when added to their current gmg treatment. 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The names auschwitz, bergenbelsen and buchenwald are infamous as the scene of atrocities, concentration camps ran by adolf hitlers notorious s. S. What you may be surprised to learn is two nazi concentration camps were established on british soil in the Channel Islands, around 8 00 miles from the british mainland. The islands lie just off the coast of france, became possessions of the english crown around 1,000 years ago, and were occupied by germany for nearly five years during world war ii. Even in the united kingdom, many people dont know about the camps. And as we discovered, exactly what happened there is hotly disputed. Pretty well hidden, isnt it . Well, if you didnt know how to get here, you wouldnt easily stumble across it. This was a, sort of, back entrance. Theres not much left of this third reichs lager sylt concentration camp. On the wind swept island of alderney, about three miles long and one and a half wide, nature is gradually swallowing up its crumbling concrete walls. These take you straight into the camp. Marcus roberts is an oxfordeducated amateur historian who runs heritage tours. He spent years researching this forgotten chapter in british history. So, undoubtedly, if you wanted to put a pin on the map, you could say, this is where the holocaust happened on British Sovereign territory. When germany invaded france in 1940, the British Government calculated that the Channel Islands had no Strategic Value and gave them up without a fight. Nearly all of the residents of alderney decided to evacuate before the german troops arrived. On the empty island, the germans set up two concentration