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>> yeah. that was 1986. gorbachev wanted to undermine the sdi, the strategic defense initiative that reagan was proposin proposing. that would outmode his whole weapons arsenal. so the soviets were anxious to avoid that. gorbachev made that clear. reagan was trying to push human rights violations by the russians, to put gorbachev at east. reagan wasn't going to eliminate the sdi initiative and not go forward. but they did meet in washington. it was a postponement. they respected reagan. reagan was ae the be very successful. they did eliminate some weapons but ultimately bankrupted the soviet u...

People die. >> but that's what this program does by many analyses. >> no. >> by many analyses if you take the money away from foreign aid that allows for health programs, there is a cause and effect. you would agree with that? >> i would agree there's a cause and effect. there's also a cause of effect of being more efficient and effective in the way that we spend our dollars. that's what the president is propo proposin proposing. that's what i'm going to strive my best to do. >> congressman, always good talking with you. thank you so much. and president trump now at a vitally important stop ...

Can create and trade in these ri without that we are proposin proposing. >> well, look, you have to strike a balance of which things you're going to do and where you need to press. but as regards trading on exchanges, there are many things now, many types of derivatives that trade quite comfortably on exchange. there are many types of derivatives where making them transparent has not ruined the market in any way. we should be mindful not to drive productive activities overseas. the president has been mindful of that in a lot of areas not just in finance. but the argument that because there's s...