House Speaker Nancy Pelosi is expected to visit Taiwan. At the same time, Chinese threats and military activities ramp up in the region. We sat down with national security expert James Carafano to analyze the core problem of Pelosi's Asia trip. He says the White House and Pelosi are not on the same page.

Meanwhile, the United States passed the CHIPS Act, which is now waiting to be signed by President Joe Biden. Does it effectively combat the threat of China's technology and supply chain competition? And will it actually move semiconductor manufacturing closer to home? We discuss this with Zach Mottl, chairman of the Coalition for a Prosperous America.