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Policy and as a result has been considered for secretary of state. if it gets it, he would be glad to serve. >> we're getting new information about the director of national intelligence. what are you hearing? >> our own jim acosta reporting there are three people under consideration to head d nirks i, the director of the national intelligence agency, former senator dan cotes, and the former homeland security adviser fred townsend from the bush administration. so as we're talking about now donald trump putting together his cabinet, last night we reported at this hour, don, you know that the lea...

>> i got a note saying i am at the wrong hearing. i've got the right room number, but the wrong hearing. >> that would explain why i didn't know anything about this letter. >> that was senator dan cotes showing why he needs more money. >> i am going to be charitable in my question. does moran have a point about congress being the largest board of directors and therefore deserving more money? >> st's a bankrupt -- it is a bankrupt entity. it is weird he suggested this. you take kickbacks for your buddies in the credit card company. you take shady loans. you a lot of people will resort to that. ...

>> reporter: yeah. i'm told and our political editor has been told he's not going to run again because he's frustrated with the way things are going in washington. he always preferred being a chief executive. he's a former governor of the state of indiana, has been in the senate a dozen or so years. and the tipping point, i'm told for him, is that they couldn't get together on a deficit reduction commission in tt snand jobs bill is stalled and all over the place, and republicans and democrats can't even get together on things that are so important to the american economy that he kind of said, ...

So wasn't in any real trouble here but decided he didn't want to do it again. >> when dan cotes decided not to run that's when evan bayh took the seat. what made him think he couldn't win with that much money and the good numbers? is it the anti-incumbent sentiment? >> i think he thinks he could have worn very handily. he's popular in the state. he's always been able to buck this anti-incumbent sentiment. he won the state when george bush won the state as a democrat. so he's always been somebody -- don't forget he's got a great name in the state of indiana. people like him, but it wasn't that ...

>> so, you were in the room at that moment. tell us, take us there. >> yeah, that laughter was not -- people thought it was funny, it was dan cotes being embarrassed, obviously he was told it was news by a reporter while he was on stage. it shows how much he's out of the loop. and the president's making his own decisions. that's the main thing i'd take away from the conversations, literally the people who work for some of the people out here at the aspen security conference. mid level careers, some of the people i've known over the years a little bit. they think their bosses are doing their be...