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U.S. Senator Marco Rubio (R-FL) joined Kudlow to discuss excessive federal regulation and the importance of trade policy that prioritizes America. See below for highlights and watch the full interview on YouTube and Rumble.

On excessive federal regulation:

“What happens with these regulations is, as you know, Congress will pass a law, and then it’ll tell the agencies, ‘Write the rules to implement it’…. By writing the rules to implement it, they actually are writing the law. Then, they get to implement and decide what it means. We’ve seen that happen. 

“Look, no one’s against making sure that airplanes don’t crash. No one’s against making sure your food isn’t poisoned, and that the medicines you’re taking are actually what they say they are on the bottle. I think the problem becomes when it goes too far, especially nowadays, when people who have money to invest decide: ‘Maybe we won’t do this in America. Maybe we won’t make things in America. Maybe we won’t invent things in America. We’ll go to some other country where the environment is less onerous.’

“You saw in the Trump era [that] between tax cuts and deregulation, we had a real economic boom. We actually saw government revenues grow. Had it not been for the pandemic and local governments shutting down our economy and forcing kids out of school, I think that the story of the first four years would have been even better.”

On the importance of trade policy that prioritizes America:

“There are two things tied into trade. The first thing that’s tied into trade is, [Congress] needs to be a pro-American job policymaking body. It is a critical thing. It is good for our country to produce good, stable work that allows people to start families, buy homes, invest, and be a part of vibrant communities. The second is, we need industrial capacity in order to provide for our national defense. If we can’t grow our own food, if we can’t make our own equipment, if we lose car manufacturing, if we lose heavy machinery and equipment, we’re also not going to be able to make ships and airplanes and the other things that we need to defend our country. 

“We won World War II, not because we were [a military] power, but because we were an industrial power. The Japanese and the Germans had a huge head start on the United States in terms of armaments, but it was our industrial power that came into play and allowed us to tip the balance and save the world from Nazism and Imperial Japan. We can’t forget that food security is a part of national security as well.”