>>> I THINK HE WAS JUST OUT HVING A GOOD TIME AND MAKING -- MADE A STUPID MISTAKE. >> YOU KNOW, THE EXPERIMENTAL
DAYS OF TAKING DRUGS IN COLLEGE ARE OVER. ALL THE PILLS ARE LACED WITH FENTANYL.
>> IT SOUNDS LIKE YOU'VE HAD A CRASH COURSE IN LEARNING ABOUT FENTANYL. >> ABSOLUTELY.
AT THE RATE THAT FENTANYL IS KILLING PEOPLE IN THIS COUNTRY, IT IS ABSOLUTELY LUDICROUS THAT THIS IS NOT ON THE FRONT PAGE OF
EVERY NEWSPAPER AND EVERY NEWS BROADCAST DAILY. >>> EVERYWHERE YOU GO, PEOPLE ARE COMPLAINING ABOUT INFLATION
AND HIGH PRICES. TONIGHT YOU'LL HEAR WHAT THE HEAD OF THE FEDERAL TRADE COMMISSION IS DOING ABOUT THE
COST OF GROCERIES AND MEDICINES. SO, INSTEAD OF INFLATION, ARE YOU CONTENDING THAT IT'S GREED-FLATION.
>> WE'VE SEEN EXECUTIVES BOAST ABOUT HOW INFLATION IS GREAT FOR THEIR BOTTOM LINE. >>> THERE'S 39 STEPS HERE THAT
LEAD UP TO THE ENTRANCE, AND THAT'S 39 FRAMERS WHO SIGNED THE CONSTITUTION. >> MEET THE PEOPLE IN CHARGE OF
PRESERVING AMERICA'S MOST IMPORTANT DOCUMENTS. >> AND SO THAT IS GEORGE WASHINGTON'S HANDWRITING AND
SIGNATURE. >> YES. CORRECT, YEAH, YEAH. >> WHEN "60 MINUTES" GETS A RARE
TOUR INSIDE THE NATIONAL ARCHIVES. >> HOW IS IT THE U.S. GOVERNMENT GOT THEIR HANDS ON HITLER'S
MISTRESS' DIARY. >> I'M LESLEY STAHL. >> I'M BILL WHITAKER. >> I'M ANDERSON COOPER.
>> I'M SHARYN ALFONSI. >> I'M JON WERTHEIM. >> I'M CECILIA VEGA. >> I'M NORAH O'DONNELL.
>> I'M SCOTT PELLEY. THOSE STORIES AND MORE TONIGHT >>> WE ARE IN THE MIDST OF THE WORST DRUG CRISIS IN U.S.
HISTORY. THE DRUG IS FENTANYL. AND UNLIKE COCAINE AND HEROIN, IT'S A PURELY CHEMICAL, MAN MADE
DRUG. IT'S CHEAP TO PRODUCE, EASILY SMUGGLED, AND PACKS AN INCREDIBLY ADDICTIVE PUNCH, 50
TIMES MORE POWERFUL THAN HEROIN. NEARLY ALL THE FENTANYL FLOODING INTO THE U.S. IS MADE IN MEXICO BY TWO POWERFUL DRUG CARTELS
WITH CHEMICALS PURCHASED FROM CHINA. AND AS YOU'RE ABOUT TO HERE, IT IS FREQUENTLY HIDDEN IN
COUNTERFEIT PILLS MADE TO LOOK JUST LIKE PRESCRIPTION DRUGS. IT'S THE SCOURGE OF OUR TIME. LAST YEAR, MORE THAN 70,000
AMERICANS DIED FROM FENTANYL. THAT'S A HIGHER DEATH TOLL THAN U.S. MILITARY CASUALTIES IN VIETNAM, IRAQ, AND AFGHANISTAN
COMBINED. >> WE WERE SO NAIVE TO FENTANYL. WE THOUGHT FENTANYL, YOU HEAR ABOUT IT, BUT YOU THINK, OH,
THAT'S JUST AFFECTING PEOPLE ON THE STREETS, HOMELESS PEOPLE, DRUG ADDICTS. NO, IT IS SO INSIDIOUS.
>> ANGELA KING AND MIKE O'KELLEY LOST THEIR 20-YEAR-OLD JOHN, JACK, TO FENTANYL LAST THANKSGIVING.
A JUNIOR AT THE UNIVERSITY OF GEORGIA, JACK HAD COME HOME FOR THE LONG WEEKEND AND WAS OUT LATE PARTYING.
>> HE WAS AT A FRIEND'S HOUSE, SO I HAD GONE TO BED A LITTLE WORRIED. >> THE NEXT MORNING, HE COULDN'T
REACH JACK, SO HE USED FIND MY iPHONE. >> I COULD SEE WHERE HE WAS. I TEXTED THE MOTHER OF THE HOUSE
WHO BASICALLY SENT ME A MESSAGE BACK, OH, WE'RE NOT THERE. DOOR'S UNLOCKED. THEY'RE ASLEEP.
>> AT 11:00 O'CLOCK THANKSGIVING MORNING, MIKE WENT UPSTAIRS AND FOUND HIS SON IN BED UNRESPONSIVE.
>> I NOTICED HIS CHEST WASN'T MOVING, SO IMMEDIATELY PULLED HIM OUT OF BED. I PERFORMED CPR FOR 30+ MINUTES.
>> MIKE CALLED ME, AND SCREAMING IN THE PHONE, JACK'S GONE, JACK'S GONE. AND I IMMEDIATELY RUSHED OVER
THERE WITH ONE OF OUR CHILDREN. AND THE EMT HAD ARRIVED AND WAS WORKING ON JACK UPSTAIRS. AND IT WAS THE MOST HORRIFIC,
TRAUMATIC -- THERE'S NOT WORDS. >> JACK O'KELLEY WAS CAPTAIN OF HIS HIGH SCHOOL FOOTBALL AND LACROSSE TEAMS.
HE WAS STUDYING BUSINESS AT GEORGIA AND WAS A POPULAR MEMBER OF HIS FRATERNITY. >> HAVE YOU BEEN ABLE TO PIECE
TOGETHER WHY TAKE A PILL? WAS THIS HIS FIRST TIME? >> I THINK HE WAS JUST OUT HAVING A GOOD TIME AND MAKING --
MADE A STUPID MISTAKE. >> YOU KNOW, THE EXPERIMENTAL DAYS OF TAKING DRUGS IN COLLEGE ARE OVER.
THEY'RE ALL -- ALL THE PILLS ARE LACED WITH FENTANYL. >> MIE AND ANGELA FOUND TEXT MESSAGES BETWEEN JACK AND A DRUG
DEALER. HE BOUGHT WHAT HE THOUGHT WAS XANAX, OXYCODONE, AND COCAINE. BUT THE DEATH CERTIFICATE STATES
FENTANYL AS THE CAUSE OF DEATH. >> HE WASN'T SEEKING FENTANYL. >> HE MADE A BAD DECISION, NOT ONE THAT SHOULD TAKE HIS COURSE
THOUGH. >> SOUNDS LIKE YOU'VE HAD A CRASH COURSE IN LEARNING ABOUT FENTANYL.
>> ABSOLUTELY. >> ABSOLUTELY. >> WHICH IS SHOCKING TO ME BECAUSE THE RATE FENTANYL IS
KILLING PEOPLE IN THIS COUNTRY, IT IS ABSOLUTELY LUDICROUS THAT THIS IS NOT ON THE FRONT PAGE OF EVERY NEWSPAPER AND EVERY NEWS
BROADCAST DAILY. >> FENTANYL IS A SYNTHETIC OPIOID, A CHEMICAL COUSIN TO MORPHINE, ORIGINALLY DESIGNED
FOR HOSPITAL PATIENTS IN EXTREME PAIN. NOW, IT IS IN CITIES AND TOWNS IN ALL 50 STATES.
FREQUENT USERS HEAT UP FENTANYL POWDER AND INHALE IT. BUT MORE OFTEN IT'S SOLD IN PILL FORM, DELIBERATELY MADE TO LOOK
LIKE REAL PRESCRIPTION DRUGS. THE ONE ON THE LEFT CONTAINS FENTANYL. JUST TWO MILLIGRAMS, AN AMOUNT
THAT FITS ON THE TIP OF A PENCIL, CAN KILL. >> THE CARTELS DON'T SELL FENTANYL AS FENTANYL.
THEY HIDE IT IN OTHER DRUGS LIKE COCAINE OR METHAMPHETAMINE OR HER HEROIN.
THEY MAKE IT IDENTICAL TO PHARMACEUTICAL DRUGS THAT AMERICANS WOULD RECOGNIZE LIKE OXY, XANAX, PERCOCET, OR
ADDERALL. IT WOULD BE A MASSIVE HIGH THAT IS VERY SHORT. AND THAT PERSON, IF THEY
SURVIVE, WILL COME BACK AGAIN AND AGAIN AND AGAIN TO BUY MORE. >> THREE YEARS AGO, ANNE MILGRAM, FORMER ATTORNEY GENERAL
OF NEW JERSEY, TOOK OVER THE DRUG ENFORCEMENT ADMINISTRATION. SINCE THEN, FENTANYL HAS CLAIMED MORE THAN 200,000 AMERICAN
LIVES, ALTHOUGH DEATHS APPEAR TO BE LEVELING OFF. >> FENTANYL IS IMPACTING EVERY PART OF UNITED STATES.
IT'S IMPACTING OUR COMMUNITIES. IT'S IMPACTING OUR KIDS. IT'S IMPACTING OUR ECONOMY. ONE OF THE THINGS THAT I'VE
LEARNED OVER THE LAST FEW YEARS THAT REALLY STAYS WITH ME IS EVERY SINGLE WEEK WE LOSE 22 TEENS BETWEEN THE AGES OF 14 AND
18. >> EVERY WEEK? >> EVERY SINGLE WEEK, WE'RE BASICALLY LOSING A HIGH SCHOOL
CLASS SOMEWHERE IN AMERICA. >> SHE STARTED PUTTING PICTURES OF PEOPLE WHO DIED FROM FENTANYL IN THE LOBBY OF D.E.A.
HEADQUARTERS, A DAILY REMINDER OF THE DRUG'S CATASTROPHIC IMPACT. >> WE'RE LOSING A GENERATION.
>> THAT'S WHAT THIS IS. >> YES. >> YOU CAN SEE IT SO CLEARLY WHEN YOU LOOK AND YOU SEE
AMERICANS FROM ALL WALKS OF LIFE, ALL STATES AND ALL COMMUNITIES, YOUNG AND OLD, EVERY BACKGROUND POSSIBLE.
WE HAVE FOLKS IN MILITARY UNIFORMS. WE'VE GOT BABIES. >> JUST PICKS UP A PILL THAT A
PARENT DROPS. >> YES. >> THE DEA IS PART OF THE DEPARTMENT OF JUSTICE AND
CONDUCTS INTELLIGENCE GATHERING AND COUNTER-DRUG OPERATIONS WORLDWIDE. MILGRAM OVERSEES 10,000
EMPLOYEES. >> AS COMPLEX AND AS MASSIVE OF A PROBLEM AS THIS IS, IT'S ALSO NOT A WHO DONE IT.
WE KNOW WHO'S RESPONSIBLE. IT'S THE SINALOA CARTEL AND THE JALISCO CARTEL THAT ARE BASED IN MEXICO.
THEY DOMINATE AND CONTROL THE ENTIRE GLOBAL FENTANYL SUPPLY, STARTING IN CHINA, GOING INTO MEXICO, COMING INTO THE UNITED
STATES. >> THIS CRISIS BEGAN TEN YEARS AGO WHEN THE CARTELS STARTED TO WRESTLE CONTROL OF THE SUPPLY
CHAIN IN CHINA AND BEGAN MAKING FENTANYL IN MEXICO. >> THESE TWO DRUG CARTELS FROM OUR NEIGHBOR, FROM MEXICO, ARE
RESPONSIBLE FOR ALMOST 70,000 AMERICAN DEATHS A YEAR? >> YES. >> HOW DO YOU FIGHT THAT?
>> WE'VE TAKEN ACTION OVER THE LAST THREE YEARS AGAINST EVERY SINGLE PART OF THAT GLOBAL SUPPLY CHAIN, CHARGING CHINESE
NATIONALS WITH SELLING FENTANYL PRECURSORS, CHARGING AND INDICTING, INVESTIGATING MEMBERS OF THESE CARTELS AT EVERY LEVEL.
AND THEN FINALLY TAKING HUNDREDS OF MILLIONS OF DEADLY DOSES OF FENTANYL OFF AMERICAN STREETS. AND WE'RE MAKING PROGRESS, BUT
THERE'S SO MUCH MORE THAN NEEDS TO BE DONE. >> THE MAJORITY OF THE FENTANYL THAT WE'RE SEEING, ABOUT 90-PLUS
PERCENT IS COMING IN PASSENGER VEHICLES. >> COMMISSIONER TROY MILLER, A 30-YEAR MEMBER OF CUSTOMS AND
BORDER PROTECTION, TOLD US ALMOST ALL THE FENTANYL COMING INTO THE COUNTRY IS SMUGGLED THROUGH LEGAL PORTS OF ENTRY
LIKE HERE AT SAN YSIDRO. IT'S THE BUSIEST LAND PORT IN TE WESTERN HEMISPHERE. >> WHAT PERCENTAGE OF THE
SMUGGLED FENTANYL DO YOU THINK YOU ARE CATCHING? >> YOU KNOW, BILL, I DON'T KNOW WHAT PERCENTAGE WE'RE CATCHING.
BUT I CAN TELL YOU WE'VE SEIZED 27,000 POUNDS OF FENTANYL IN FISCAL YEAR 2023. >> MILLER TOOK US FOR A BIRD'S
EYE VIEW TO SEE THE MAGNITUDE OF THE CHALLENGE. >> SO, THIS IS THE WALL. IT COMES RIGHT UP TO THE PORT OF
ENTRY. IT RESUMES HERE. THAT'S MEXICO. >> MORE THAN 60,000 CARS SNAKE
THROUGH 34 LANES 24/7. OFFICERS HAVE A MINUTE OR LESS TO DECIDE WHO GETS A SECOND LOOK, AND THEY ONLY HAVE THE
RESOURCES TO SEARCH 8% OF THE CARS. DOGS TRAINED TO SNIFF OUT FENTANYL ARE SOME OF THEIR BEST
ASSETS. THE CARTELS ARE CONSTANTLY ADAPTING. FOR EXAMPLE, HIDING PILLS IN GAS
TANKS TO MASK THE SCENT. >> SO, WE'RE IN THE SEIZURE VAULT. >> COMMISSIONER MILLER SHOWED US
WRACK AFTER WRACK OF SEIZED DRUGS LOCKED INTO THIS MASSIVE VAULT. FOR SECURITY REASONS, WE AGREED
NOT TO DIVULGE ITS LOCATION. >> SO, EXPLAIN TO ME WHY THE SMUGGLERS WOULD USE THE BUSIEST PORT AS THEIR MAIN SMUGGLING
ROUTE. IT SEEMS COUNTERINTUITIVE. WHY NOT DO IT SOMEPLACE MUCH LESS CONSPICUOUS?
WHY NOT COME ACROSS THE DESERT. >> IN THE SAN DIEGO FIELD OFFICE, WE'RE SEEING 200,000 PEOPLE A DAY.
WEFR ONE OF THESE 200,000 PEOPLE IS PRESENTING THEMSELVES AS A LEGITIMATE TRAVELLER. >> WE WERE ASTONISHED TO LEARN
TWO-THIRDS OF THE PEOPLE ARRESTED SMUGGLING FENTANYL ARE AMERICAN CITIZENS PAID BY THE CARTELS.
>> WE'VE SEEN TERRIBLE TRENDS. THEY'VE SEEN HIGH SCHOOLER/MIDDLE SCHOOLERS SMUGGLING FENTANYL AND DROPPING
IT OFF TO A CARTEL MEMBER AT A HIGH SCHOOL. >> DO YOU HAVE THE BUDGET AND THE MANPOWER YOU NEED?
>> I'VE BEEN VERY CLEAR THAT CUSTOMS AND BORDER PROTECTION NEEDS MORE OFFICERS. WE NEED MORE AGENTS.
WE NEED MORE INTEL RESEARCH SPECIALISTS TO STEAL THAT INFORMATION. >> WE ASKED HIM ABOUT THE
BIPARTISAN BORDER BILL KILLED BY THE SENATE AT THE URGING OF FORMER PRESIDENT DONALD TRUMP. IT WOULD HAVE PROVIDED 1,500 NEW
BORDER AND CUSTOMS OFFICERS AND 100 HIGH-TECH DETECTION MACHINES. >> THE BILL HAD MONEY FOR MUCH
OF THE STUFF YOU WERE TALKING ABOUT. IS THE POLITICAL INACTION -- IS THAT COSTING LIVES?
>> WELL, AGAIN, I CAN SAY WE NEED MORE RESOURCES TO DO OUR JOBS. AND WE NEED TO ALL GET ON THE
SAME PAGE AND TACKLE THIS TOGETHER. >> SHERRI HOBSON SAW THE FENTANYL CRISIS COMING.
AS AN ASSISTANT U.S. ATTORNEY IN SAN DIEGO, SHE PROSECUTED MEXICAN CARTEL CASES FOR 30 YEARS BEFORE RETIRING IN 2020.
>> CARTELS ARE VERY BUSINESS ORIENTED. THEY LOOK FOR PROFIT. THEY LOOK FOR PERPETUAL POWER.
THEY'RE INSTITUTIONALIZED. >> IT SOUNDS LIKE YOU'RE SAYING THEY'RE VERY SOPHISTICATED. >> THEY ARE.
THEY DO THEIR HOMEWORK. THEY DO THEIR ANALYSIS. >> SHE SAYS THE CARTEL'S MOVE INTO FENTANYL WAS ENTIRELY
PREDICTABLE, WHEN THE U.S. OPIOID CRISIS TRIGGERED A CRACKDOWN ON THE DRUG COMPANIES AND MANY COMMUNITIES WERE
RAVAGED BY THE SUPPLY -- THE DEMAND FOR AMERICANS ADDICTED TO THE DRUGS DID NOT. >> IT'S VERY STRANGE TO THINK
THAT THE PHARMACEUTICAL INDUSTRY BASICALLY SET THE TABLE FOR THE MEXICAN CARTELS TO COME IN AND DOMINATE.
>> THAT'S INCREDIBLE. >> IT IS. SO, I THINK WHAT HAPPENED WAS THEY SAID, YOU KNOW WHAT?
WE HAVE AN OPEN MARKET. WE HAVE MILLIONS OF PEOPLE THAT ARE ADDICTED TO OXYCODONE. WE CAN DO FENTANYL.
WE CAN CREATE THESE COUNTERFEIT PILLS AND WE CAN SELL THEM. >> SO, THE MEXICAN CARTELS JUST FILLED THIS VACUUM.
>> FILLED THE VOID. FILLED THE VACUUM. SO, THE OPIOID EPIDEMIC DEFINITELY STARTED THIS ARC THAT
WE'RE ON. >> THE HEAD OF THE DEA, ANNE MILGRAM, AGREES THE U.S. DRUG INDUSTRY BEARS A LOT OF THE
BLAME FOR THE CRISIS BUT SAYS SOIAL MEDIA COMPANIES ARE FUELING IT TODAY. THE COMPANIES SAY THEY'RE TAKING
STEPS TO COMBAT THIS. >> AND WHAT'S HAPPENING ON SOCIAL MEDIA? THE CARTELS USE IT TO ORGANIZE
THEMSELVES, TO GET INDIVIDUALS WHO WILL CARRY THE DRUGS ACLOSS THE BORDER FROM MEXICO TO POST ADS FOR DRUGS AND TO SELL DRUGS,
WHETHER IT'S SNAPCHAT, INSTAGRAM, TIKTOK. THERE ARE DRUGS BEING SOLD THERE EVERY SINGLE DAY.
>> AND SEVEN OUT OF TEN OF THOSE COUNTERFEIT PILLS THE DEA TESTS HAVE A POTENTIALLY DEADLY DOSE OF FENTANYL.
ANGELA KING AND MIKE O'KELLEY SAY THAT'S INFORMATION EVERY AMERICAN NEEDS TO KNOW. >> IT'S A WAR.
IT'S A NEW DRUG WAR. AND THAT DRUG WAR IS TOTALLY DIFFERENT THAN ANYTHING WE'VE EVER DEALT WITH BEFORE BECAUSE
NOW WE'RE LOSING OUR YOUNG ONES. WHATEVER THE GOVERNMENT'S TRYING TO DO, I'M GLAD THEY'RE DOING SOMETHING.
IT'S JUST -- DOESN'T SEEM TO BE ENOUGH. >>> HOW DO YOU REVERSE A FENTANYL OVERDOSE?
>> EVEN IF SOMEONE WERE ABLE TO GET NARCAN, JUST ONE OR TWO DOSES MIGHT NOT BE >>> EVERYWHERE YOU GO, PEOPLE
ARE COMPLAINING ABOUT INFLATION. VOTERS SAY IT'S THEIR NUMBER ONE ISSUE. ENTER TRUST BUSTER LINA KAHN,
THE YOUNGEST CHAIR EVER OF THE FEDERAL TRADE COMMISSION, JUST 32 WHEN SHE WAS NAMED. SHE SAYS MUCH OF THE BLAME ON
THE EXORBITANT PRICES ON EVERYTHING FROM FOOD TO CONCERT TICKETS IS WIDESPREAD CORPORATE CONSOLIDATION.
THE FTC'S MISSION IS BREAKING ILLEGAL MONOPOLIES, BLOCKING MERGERS THAT STIFLE COMPETITION, AND PROTECTING CONSUMERS FROM A
SYSTEM LINA KAHN SAYS IS RIGGED AGAINST THEM. BUT SHE'S SO AGGRESSIVE THAT SHE'S FEARED AND LOATHED IN
BOARD ROOMS, SEEN AS A ZEALOT AND A BULLY. AND YET -- >> THANK YOU, THANK YOU.
>> AT TOWN HALL MEETINGS AROUND THE COUNTRY, LINA KAHN IS OFTEN SWARMED BY YOUNG PEOPLE TAKING SELFIES, SMALL BUSINESS OWNERS
GIVING HER CARDS, UNION MEMBERS TO WHOM SHE TEACHES THE PERILS OF BUSINESS MONOPOLIES. >> TOO OFTEN FEWER AND FEWER
COMPANIES ARE CONTROLLING MORE AND MORE OF THE MARKET. AND WHAT THAT MEANS IS COMPANIES CAN START RIPPING YOU OFF,
HIKING PRICES, STEALING FROM YOU. >> SHE CALLS THESE EVENTS HER LISTENING TOURS THAT SHE DOES IN
BOTH RED AND BLUE DISTRICTS. THIS ONE, HOSTED BY CONGRESSWOMAN ALEXANDRIA OCASIO-CORTEZ.
>> ANY TIME I GO TO THE SUPERMARKET, I GET STICKER SHOCK. GROCERIES ARE SO EXPENSIVE NOW.
WHAT CAN BE DONE TO HELP PEOPLE LIKE ME WHO ARE WORRIED ABOUT GROCERY PRICES? THANK YOU.
>> THE FTC IS CURRENTLY IN COURT TRYING TO BLOCK THE LARGEST GROCERY MERGER IN U.S. HISTORY. >> BETWEEN KROGER, THAT OWNS
RALPH'S, AND ALBERTSON'S THAT OWNS SAFEWAY. TOGETHER THEY HAVE NEARLY 5,000 LOCATIONS.
KAHN SAYS THIS MERGER RISKS RAISING FOOD PRICES EVEN HIGHER THAN THEY ARE NOW. >> GROCERY PRICES HAVE GONE
THROUGH THE ROOF. I BELIEVE THAT YOU THINK IT'S BECAUSE OF MONOPOLIES. BUT MOST ECONOMISTS SAY THAT
IT'S BECAUSE OF SUPPLY CHAINS CAUSED BY COVID AND THE UKRAINE WAR. SO, WHICH IS IT?
>> SO, THERE'S NO DOUBT THAT THE PANDEMIC AND THE WAR LED PRICES TO SOAR. WHAT'S BEEN INTERESTING IS THAT
EVEN AS SOME OF THOSE SUPPLY CHAIN PRESSURES HAVE EASED, PRICES HAVE NOT COME DOWN CONCURRENTLY AS MUCH.
>> SO, INSTEAD OF INFLATION, ARE YOU CONTENDING THAT IT'S GREEDFLATION THAT THESE MONOPOLIES ARE DELIBERATELY
HIKING THE PRICES? >> SO, THERE'S A LOT OF DISCUSSION ABOUT WHAT'S DRIVING THE INFLATION.
AND WE'VE ACTUALLY SEEN SOME EXECUTIVES BOAST ON EARNINGS CALLS ABOUT HOW INFLATION IS GREAT FOR THEIR BOTTOM LINE.
>> THEY SAY THAT? >> THEY HAVE SAID THAT PUBLICLY, YES. >> WHAT ABOUT THE ARGUMENT THAT
WHEN COMPANIES MERGE PRICES OFTEN COME DOWN BECAUSE OF EFFICIENCIES, SCALE? >> EVEN IF THOSE EFFICIENCIES
ARISE, IF THE COMPANY IS NOT CHECKED BY COMPETITION, IT WON'T HAVE AN INCENTIVE TO PASS THOSE BENEFITS ON TO THE CONSUMER
BECAUSE THOSE CONSUMERS MAY NOT HAVE ANYWHERE ELSE TO GO. >> ANOTHER CONSUMER CONCERN, THE HIGH COST OF MEDICINE.
KAHN TALKS TO INDEPENDENT PHARMACISTS ABOUT THE TRICKS AND TRAPS SHE SAYS BIG PHARMA USES TO JACK UP PRICES.
FOR EXAMPLE, SHE ZEROED IN ON THE MAKERS OF ASTHMA INHALERS FOR EXTENDING THEIR PATENTS TO KEEP LOW-COST GENERICS OFF THE
SHELVES. >> THESE INHALERS COST $7 IN FRANCE. THE SAME EXACT INHALER IS AROUND
$500 IN THE UNITED STATES. WOW. NOW, SOMETHING'S OUT OF WHACK. >> WE AGREE, SO WE TOOK A CLOSE
LOOK AT THIS. AND WE FOUND THAT COMPANIES WERE LISTING PATENTS FOR THINGS LIKE THE INHALER CAP OR THE STRAP ON
YOUR INHALER. SO, NOTHING TO DO WITH THE ACTUAL INGREDIENTS OF THE DRUG OR THE FORMULATION OR
COMPOSITION OF THE DRUG. >> SO, THIS IS AN INHALER FOR ASTHMA. SHOW US WHAT THE INNOVATION WAS
THAT THEY CLAIMED ALLOWED THEM TO EXTEND THE PATENT. >> SO, IT'S THIS STRAP THEY LISTED A PATENT FOR, THIS LITTLE
PIECE OF PLASTIC. >> NO. THEY WERE SAYING THAT THEY SHOULD BE ABLE TO CONTINUE THE
PATENT, GENERICS CAN'T COME IN FOR THE MEDICATION BECAUSE THEY PUT THAT STRAP ON. >> THAT'S RIGHT.
>> TO MAKE SURE YOU DIDN'T LOSE THE CAP. >> THAT'S RIGHT. >> AFTER THE FTC SENT WARNING
LETTERS TO THE FOUR MAJOR INHALER MAKERS, THREE OF THEM, INCLUDING THIS ONE, DROPPED THE PRICE FROM HUNDREDS OF DOLLARS
TO JUST 35. AND TWO DAYS AGO, THE FTC FILED A LAWSUIT TO BRING THE PRICE OF INSULIN AND SCORES OF OTHER
DRUGS, SUING THREE COMPANIES THE AGENCY SAYS ARE RESPONSIBLE FOR MANIPULATING MOST OF THE PRICES. >> THESE REALLY FUNDAMENTAL
THINGS ABOUT PEOPLE'S DAILY MATERIAL LIVES ARE AFFECTED BY THINGS LIKE ANTI-TRUST. >> BUT INVESTMENT BANKERS,
VENTURE CAPITALISTS, AND TOP CEOs SAY SHE'S BIASED AGAINST THEM, THAT LINA KAHN PICKS ON WINNERS BECAUSE THEY'RE WINNERS
AND THINKS BIG IS ALWAYS BAD. >> ACTUALLY, KAHN'S DOGGEDNESS SHE WANTS A SHIFT IN POLICY, A MANDATE TO REVERSE DECADES OF A
HANDS-OFF STRATEGY TOWARD MERGERS AND ACQUISITIONS. IT WAS INTRODUCED BY RONALD REAGAN AND ADOPTED BY ALL
PRESIDENTS SINCE, INCLUDING CLINTON AND OBAMA UNTIL PRESIDENT BIDEN PUT AN END TO IT.
>> YOU'RE NOW 40 YEARS INTO THE EXPERIMENT OF LETTING GIANT CORPORATIONS ACCUMULATE MORE AND MORE POWER.
AND WHAT HAVE WE GOTTEN FROM IT? LESS GROWTH, WEAKENED INVESTMENT, FEWER SMALL BUSINESSES.
>> UNDER PRESIDENT BIDEN, THE FTC AND THE JUSTICE DEPARTMENT HAVE UNLEASHED A CRACKDOWN, SUING SCORES OF COMPANIES,
INCLUDING TICKETMASTER, NVIDIA, AND THE BIG FIVE, AMAZON, META, MICROSOFT, APPLE, AND A COURT JUST DEEMED GOOGLE AN ILLEGAL
MONOPOLY. IT'S A REVOLUTION. AND THE FACE OF IT IS LINA KAHN. >> WE ARE LAW STUDENTS, AND WE
LOVE YOU. >> COULD WE HAVE A SELFIE? >> SURE. >> THREE, TWO, ONE.
>> THANK YOU. >> WHEN KAHN WAS A STUDENT HERE AT YALE LAW SCHOOL, SHE WROTE A PAPER CALLED "AMAZON'S ANTITRUST
PARADOX," CONTENDING THAT EVEN THOUGH AMAZON'S PRICES ARE LOW, IT'S STILL A MONOPOLY. >> THIS WAS SEEN AS AN
EXTRAORDINARY BREAK THROUGH, AND IT WENT VIRAL. >> LESS THAN FIVE YEARS LATER, PRESIDENT BIDEN MADE HER HEAD OF
THE AGENCY THAT POLICES AMAZON. >> YOU KNOW, AMAZON IS A VERY POPULAR COMPANY. PEOPLE LIKE THE CONVENIENCE, THE
CHOICE. THE PRICES ARE PRETTY MODERATE. AND THEY'RE AFRAID THAT YOU'RE GOING TO TAMPER WITH SOMETHING
THAT'S GOOD, THAT THEY LIKE. >> OUR INVESTIGATION UNCOVERED THAT AMAZON'S ILLEGAL PRACTICES WERE ACTUALLY RAISING PRICES FOR
CONSUMERS BECAUSE IT HAD ILLEGALLY MUSCLED OUT RIVALS, LOCKED THEM OUT OF THE MARKET IN WAYS THAT IF YOU HAD MORE
COMPETITION THAT AMAZON HADN'T SQUASHED, CONSUMERS WOULD BE EVEN BETTER OFF. >> AMAZON DENIES DOING ANYTHING
ILLEGAL AND SAYS IF KAHN WINS, PRICES WILL GO UP. ALSO IN THE FTC'S CROSS HAIRS, THE ISSUE OF TECH GIANTS BUYING
UP SMALLER COMPANIES. >> IN THE TECHNOLOGY MARKETS, WE WENT THROUGH A COUPLE OF DECADE WHERE IS WE SAW OVER 800
ACQUISITIONS BY THE FIVE BIG PLAYERS. NOT A SINGLE ONE OF WHICH WAS BLOCKED.
AND SOME OF THOSE WE HAVE REALIZED ENDED UP LEADING TO SIGNIFICANT HARM. JUST TO GIVE YOU A CONCRETE
EXAMPLE, THERE WERE COMPANIES THAT WERE OFFERING AMERICANS GREATER PRIVACY, AND THEY WERE PROMISING THAT WE'RE NOT GOING
TO USE YOUR DATA, WE'RE NOT GOING TO SELL IT, WE'RE NOT GOING TO SPY ON YOU EVERYWHERE ALL THE TIME.
AFTER SOME OF THOSE FIRMS WERE BOUGHT UP BY ONE OF THE BIG GUYS, ALL OF THOSE DATA PRIVACY POLICIES CHANGED OVERNIGHT.
AND SO AMERICANS LOST THOSE PRIVACY PROTECTIONS. >> YOU'RE TALKING ABOUT FACEBOOK AND WHATSAPP?
>> YES, THAT'S ONE EXAMPLE OF THAT. >> SHE'S NOW SUING OVER FACEBOOK'S ACQUISITIONS OF
WHATSAPP AND INSTAGRAM. >> IS THE MANDATE TO REVERSE WHAT'S GONE ON FOR 40 YEARS, TO UNDO SOME OF THE MERGERS THAT
WERE APPROVED?% >> WE'VE IDENTIFIED NOT JUST ONE MERGER BUT A WHOLE STRING OF MERGERS THAT SOME OF THESE LARGE
COMPANIES MADE THAT WE BELIEVE WERE ILLEGAL, THAT WE BELIEVE WERE ANTI-COMPETITIVE. >> BUT THEY WERE APPROVED.
>> THEY WERE NOT BLOCKED. THEY WERE NOT CHALLENGED. >> BUT THE COURTS DON'T ALWAYS SIDE WITH HER.
THE FTC HAS LOST A COUPLE OF BIG CASES AGAINST META AND MICROSOFT. YET HER CAGE RATTLING HAS HAD A
CHILLING EFFECT, WHERE COMPANIES SIMPLY DROP THEIR MERGER PLANS. >> SOMETIMES, YOU KNOW, THE COMPANIES DECIDE THAT THEY'RE
GOING TO ABANDON THE MERGER. >> SOMEONE JUST SAYS, I'M NOT GOING TO GO FORWARD. THAT'S A WIN?
>> THAT'S RIGHT. >> OBVIOUSLY THE COMPANIES ARE COMPLAINING LIKE HELL, SCREAMING.
THEY DON'T LIKE YOU. THEY'RE AFRAID OF YOU. >> WELL, LOOK, WE'RE DOING OUR JOB, ENFORCING THE LAW.
>> THEY'RE AFRAID YOU'RE GOING TO TIE THEM UP IN COURT, YOU'RE GOING TO COST THEM A LOT OF MONEY, AND THEY'RE SAYING, IT'S
JUST NOT WORTH IT. >> SO, IT'S IMPORTANT TO STEP BACK AND KEEP ALL OF THIS IN CONTEXT.
OF ALL THE THOUSANDS OF DEALS THAT ARE PROPOSED EVERY YEAR, THE FTC AND DOJ COLLECTIVELY INVESTIGATE MAYBE 2 OR 3%.
>> THAT MIGHT NOT SOUND LIKE A LOT, BUT STARTUP FOUNDERS COMPLAIN THAT SHE'S SPOOKING INVESTORS SO MUCH SHE'S ACTUALLY
STIFLING INNOVATION. OTHERS FEAR THAT HER CHASING THE TECH GIANTS WILL CAUSE A DOMINO EFFECT.
EARLIER THIS MONTH, AFTER IT WAS REPORTED THAT HER COUNTERPART AT THE JUSTICE DEPARTMENT SUBPOENAED THE CHIP MAKER,
NVIDIA -- >> NVIDIA SHARES GETTING SLAMMED IN THE REGULAR SESSION -- >> -- THE STOCK MARKET PLUNGED.
>> DO YOU EVER WORRY ABOUT THE POWER THAT THE FTC AND THE CHAIRMAN HAVE THAT COULD RESULT IN A DESTABILIZING OF BASICALLY
THE WHOLE ECONOMY? >> OF COURSE WE HAVE TO WORRY. BUT WE ALSO SHOULD WORRY ABOUT THE DESTABILIZING EFFECT THAT
CAN ARISE FROM COMPANIES BELIEVING THAT THEY'RE ABOVE THE LAW AND THEN THEY CAN BE RECKLESS, TAKE MASSIVE RISKS IN
WAYS THAT CAN CRASH THE ECONOMY, AND THEN THEY CAN GET AWAY WITH JUST A SLAP ON THE WRIST. THAT CREATES A DESTABILIZATION
TOO. >> KAHN CAN BE SEEN AS A BELATED REACTION TO THE FINANCIAL CRISIS WHEN THE GOVERNMENT DECIDED
BANKS WERE TOO BIG TO FAIL. BUT HAS THE PENDULUM SWUNG TOO FAR? CORPORATIONS ARE PUSHING BACK
WITH THEIR OWN LAWSUITS TO REIN HER IN, SETTING UP A POSSIBLE SHOWDOWN AT THE SUPREME COURT OVER THE FATE OF THE FTC.
>> SHOULD YOU BE CONCERNED THAT YOU ARE FLIRTING WITH DIMINISHING THE POWERS THAT YOU HAVE IF THE COURT DECIDES YOU'RE
WRONG? AND THIS COURT COULD VERY LIKELY SAY YOU'RE WRONG. >> I THINK ONE CHALLENGE THAT
AGENCIES CAN FACE IS WHEN THEY SHRINK THEIR OWN POWERS AND AUTHORITIES BY NOT ACTUALLY USING THE AUTHORITIES THAT
CONGRESS HAS GIVEN THEM. >> SHE'S OBVIOUSLY UNLIKELY TO SURVIVE IN HER JOB IF FORMER PRESIDENT TRUMP WINS, THOUGH
SHE'S ADMIRED BY VICE PRESIDENTIAL NOMINEE JD VANCE. >> I DON'T AGREE WITH LINA KAHN ON EVERY ISSUE, TO BE CLEAR, BUT
I THINK SHE'S BEEN VERY SMART TRYING TO GO AFTER SOME OF THESE BIG TECH COMPANIES. >> SHE'S SURPRISINGLY POPULAR
WITH OTHER MAGA REPUBLICANS. THERE'S EVEN A NICKNAME FOR CONSERVATIVES WHO SUPPORT YOU. WHAT IS IT?
>> I'LL LET YOU -- >> KAHN-SERVATIVES. KAHN-SERVATIVES. ON THE FLIP SIDE, IT'S UNCLEAR
SHE WOULD KEEP HER JOB IF VICE PRESIDENT HARRIS WINS. SOME OF HER BIGGEST DONORS ARE PEOPLE WHO WANT HER TO GET RID
OF YOU. THEY WANT YOU OFF THE SCENE. AND THEY'RE NOT JUST SAYING IT PRIVATELY.
THEY'RE GOING ON TELEVISION. >> LOOK, YOU KNOW, MY FOCUS IS NOT LISTENING TO WHAT CEOs ARE SAYING ON TV.
YOU KNOW, IT'S IMPORTANT IN THESE JOBS TO REALLY STAY FOCUSED AND BLOCK OUT A LOT OF THE NOISE.
>> IF YOU WERE ASKED TO KEEP THIS JOB, WOULD YOU SAY YES? >> OBVIOUSLY THOSE ARE CONVERSATIONS ONE HAS WITH ONE'S
FAMILY AND THAT SORT OF THING. >> YOU DON'T WANT TO HAVE IT WITH ME? >> BUT ABSOLUTELY.
I MEAN, THERE IS SO MUCH WORK TO BE DONE, AND IT'S SUCH AN HONOR TO BE IN THIS ROLE, AND IT WOULD BE AN HONOR TO HAVE THAT
OPPORTUNITY TO KEEP GOING.
. >>> THE NATIONAL ARCHIVES HAS BEEN IN THE NEWS LATELY, NOT SO MUCH FOR WHAT IS IN ITS
COLLECTION BUT FOR WHAT WAS MISSING. AFTER FORMER PRESIDENT DONALD TRUMP AND THEN VICE PRESIDENT
BIDEN HELD ONTO RECORDS WHEN THEY LEFT OFFICE THAT SHOULD HAVE BEEN SENT TO THE ARCHIVES, WE WANTED TO KNOW MORE ABOUT THE
SMALL FEDERAL AGENCY IN CHARGE OF SAFEGUARDING AMERICA'S PAST. AFTER A FEW MONTHS INSIDE, WE CAME TO APPRECIATE THAT THE
ARCHIVES ARE THE COUNTRY'S SAFETY DEPOSIT BOX, READING ROOM, AND PAPER SHREDDER ROLLED INTO ONE.
AT THE HEART OF THE INSTITUTION ARE THE DOCUMENTS THAT HAVE BEEN AT THE HEART OF THE NATION FOR NEARLY 250 YEARS.
>> THERE'S 39 STEPS HERE THAT LEAD UP TO THE ENTRANCE, AND THAT'S 39 FRAMERS WHO SIGNED THE CONSTITUTION.
>> OH, WOW. LOOK AT THIS. >> COLLEEN SHOGAN, THE ARCHIVIST OF THE UNITED STATES IS
RESPONSIBLE FOR AMERICA'S RECORDS. THE MAIN ATTRACTIONS ARE IN A BUILDING IN WASHINGTON THAT WAS
INSPIRED BY ANCIENT ROME AND BUILT TO BE A TEMPLE TO HISTORY. EACH YEAR, MORE THAN A MILLION PEOPLE MAKE THE TRIP TO SEE
THESE NATIONAL TREASURES IN PERSON. >> THIS BUILDING, THE ROTUNDA, WAS BUILT AS A SHRINE FOR MANY
OF THESE DOCUMENTS BUT THEY DIDN'T ARRIVE UNTIL LATER. >> THAT'S CORRECT. THE BUILDING WAS COMPLETED IN
1937, BUT THE DECLARATION AND THE CONSTITUTION DID NOT ARRIVE UNTIL 1952. >> THEY WERE IN THE POSSESSION
OF THE LIBRARY OF CONGRESS, WHICH REFUSED TO TURN THEM OVER, UNTIL PRESIDENT TRUMAN GOT INVOLVED.
AND THEY WERE DELIVERED FROM CAPITOL HILL BY THE U.S. MILITARY. >> THEY WILL BE PROTECTED FROM
DISASTER AND FROM THE RAVAGES OF TIME. >> THE DECLARATION OF INDEPENDENCE.
>> YES. >> WHY IS IT SO FADED? >> IT WAS EXPOSED TO CONSIDERABLE LIGHT AND THE
ELEMENTS. >> IN THE 19th CENTURY, THE U.S. PATENT OFFICE PUT THE DECLARATION ON DISPLAY NEAR A
WINDOW. THAT AND OTHER MISSTEPS DID SO MUCH DAMAGE, NEARLY ALL YOU CAN MAKE OUT TODAY IS JOHN HANCOCK'S
JOHN HANCOCK. TO PRESERVE THEM, THESE ORIGINAL DOCUMENTS THAT ARE A BEACON FOR DEMOCRACY, ARE NOW INTENTIONAL
KEPT IN THE DARK. THEY ARE IN BULLET PROOF CASES DESIGNED TO REMAIN SEALED FOR 100 YEARS.
ALL FEDERAL EMPLOYEES ARE REQUIRED TO TAKE AN OATH TO DEFEND THE CONSTITUTION. BUT FOR COLLEEN SHOGAN, IT'S
LITERALLY HER JOB. AND THE FOUNDING DOCUMENTS ARE JUST THE START. >> WE HAVE APPROXIMATELY 13 1/2
BILLION PAPER RECORDS HERE AT THE NATIONAL ARCHIVES. >> HOW MANY FEET OF FILM? >> THE FILM WOULD GO AROUND THE
GLOBE THREE AND A HALFTIMES. >> HOW MANY PHOTOGRAPHS? >> WE HAVE MILLIONS AND MILLIONS OF PHOTOGRAPHS AS WELL.
>> AND HOW MANY ARTIFACTS? >> OVER 700,000 ARTIFACTS. >> MOST OF THAT MASSIVE COLLECTION IS KEPT OUTSIDE OF
WASHINGTON, STORED AT DOZENS OF FACILITIES ALL ACROSS THE COUNTRY THAT SPAN MILLIONS OF CUBIC FEET, INCLUDING FOUR
UNDERGROUND CAVE COMPLEXES IN THE MIDWEST. >> FOR OUR CIVILIAN RECORDS CENTER IN ILLINOIS, OUR
ARCHIVISTS USE BIKES BECAUSE IT'S ABOUT A MILE FROM ONE END OF THE FACILITY TO THE OTHER. >> THEN THERE'S THE STUFF THEY
DON'T EVEN KEEP. ONLY ABOUT 3% OF GOVERNMENT PAPERWORK IS DEEMED IMPORTANT ENOUGH TO PRESERVE FOR
POSTERITY. DOCUMENTS CAN SIT FOR YEARS BEFORE BEING RETAINED OR MORE LIKELY DESTROYED.
AT THE WASHINGTON NATIONAL RECORDS CENTER OUTSIDE D.C., THERE ARE 20 FOOTBALL FIELDS OF FILES STACKED FLOOR TO CEILING
AWAITING THEIR FATE. UNTIL 1934, FEDERAL AGENCIES STORED THEIR OWN RECORDS WITH VARYING DEGREES OF SUCCESS.
WHEN THE ARCHIVES WAS CREATED, WORK BEGAN TO RESTORE 158 YEARS WORTH OF DUSTY, FORGOTTEN DOCUMENTS.
>> THIS IS WITNESSED -- >> TO SEE HOW SOME OF AMERICA'S OLDEST PAPER RECORDS HAVE HELD UP, WE MET TREVOR PLANTE, WHO'S
IN CHARGE OF MORE THAN 2 BILLION WRITTEN DOCUMENTS IN WASHINGTON. >> SO, THIS IS ORIGINAL FROM 1778?
>> YES. >> DURING THE REVOLUTIONARY WAR, THE CONTINENTAL CONGRESS WANTED GEORGE WASHINGTON AND HIS
OFFICERS TO PLEDGE ALLEGIANCE IN WRITING TO THEIR NEW NATION AFTER THEY SURVIVED A BRUTAL WINTER AT VALLEY FORGE.
>> SO THE IRONY IS THE ARMY CAN BARELY AFFORD TO FEED THEM, CLOTHE THEM, HOUSE THEM, SUPPLY THEM WITH AMMUNITION, BUT HERE'S
ALL THIS PAPERWORK WE WANT FILLED OUT AND RETURNED. >> SO, THAT IS GEORGE WASHINGTON'S HANDWRITING AND
SIGNATURE. >> CORRECT. YEP, YEP. >> AND THEN HERE?
>> THIS OFFICER BECAME POPULAR A COUPLE OF YEARS AGO. ALEXANDER HAMILTON. WE DON'T THINK OF HIM AS ALEX
HAMILTON, BUT HE SIGNED HIS NAME ALEX HAMILTON ON HIS OATH. >> TREVOR PLANTE HAS A THEORY ABOUT WHY ONE OF HIS FAVORITE
DOCUMENTS LOOKS SO UNIQUEO CF1 >> THIS IS A RESOLUTION PASSED BY CONGRESS IN EARLY 1865. ONCE IT WAS RATIFIED, IT BECAME
THE 13th AMENDMENT TO THE CONSTITUTION. AND IF YOU NOTICE ON HERE, THERE'S SEVERAL DIFFERENT
HANDWRITINGS FROM THE 13th AMENDMENT. SO, WE SPECULATE THAT THESE CLERKS REALIZED WHAT A BIG DEAL
THIS WAS AT THE TIME AND LITERALLY WANTED TO HAVE A HAND IN HISTORY. >> BECAUSE THE 13th AMENDMENT
ABOLISHED SLAVERY. >> ABOLISHED SLAVERY IN THE UNITED STATES, EXACTLY. >> PLANTE LIKES TO SAY ARCHIVES
KEEPS THE NATION'S RECEIPTS, AND HE MEANS IT, LIKE THE TREATY FOR THE LOUISIANA PURCHASE. >> IT WAS FOUR CENTS AN ACRE,
WHICH WAS A PRETTY GOOD DEAL SINCE WE DOUBLED THE SIZE OF THE UNITED STATES. >> SIGNED BY NAPOLEON BONAPARTE
HIMSELF. THERE'S ALSO THE DEED OF GIFT THAT CAME WITH THE STATUE OF LIBERTY FROM FRANCE IN 1884.
>> TWO YEARS LATER IT WOULD BE INSTALLED IN NEW YORK HARBOR. >> AND THE CHECK RUSSIA CASHED WHEN THE U.S. BOUGHT ALASKA IN
1867 FOR $7.2 MILLION. >> CAME BACK TO THE GOVERNMENT AS A CANCELED CHECK. >> IN 1988, AFTER ARCHIVES MAIN
BUILDING IN WASHINGTON RAN OUT OF ROOM, CONGRESS FUNDED THE CONSTRUCTION OF A STATE OF THE ART FACILITY IN COLLEGE PARK,
MARYLAND. FROM THERE, DEPUTY ARCHIVIST JAY BOSANKO RUNS DAY-TO-DAY OPERATIONS.
HE INVITED US INTO THEIR MOST RESTRICTED VAULT, WHERE CAMERAS USUALLY AREN'T ALLOWED, TO SEE RELICS OF A DARK CHAPTER IN
WORLD HISTORY, HITLER'S LAST WILL AND TESTAMENT AND EVA BRAUN'S DIARY. >> THIS HAPPENS TO BE FROM 1935.
>> HOW IS IT THE U.S. GOVERNMENT GOT ITS HANDS ON HITLER'S MISTRESS' DIARY? >> THIS WAS QUITE LITERALLY THE
SPOILS OF WAR. THIS WAS CAPTURED BY U.S. ARMED FORCES. THEN IT TRANSFERRED TO US AT THE
NATIONAL ARCHIVES. >> SOME OF THE ITEMS INSIDE THIS VAULT ONLY BECAME HISTORICALLY SIGNIFICANT WITH AGE, LIKE THIS
LETTER FROM A YOUNG FIDEL CASTRO TO PRESIDENT FRANKLIN D. ROOSEVELT. >> SO, THERE MAY BE TREASURES
LIKE THIS BURIED IN BOXES IN LOTS OF PLACES. >> YET TO BE DISCOVERED. YOU NEVER KNOW WHEN YOU'RE
OPENING A BOX WHAT YOU MIGHT FIND NEXT. >> OR WHO MIGHT BE OPENING IT. RESEARCHERS, WRITERS, AND
HISTORY BUFFS FROM AROUND THE COUNTRY AND THE WORLD COME TO THE ARCHIVES TO MAKE DISCOVERIES.
WE SAW A GROUP FROM JAPAN CATALOGING THE AMERICAN OCCUPATION THAT FOLLOWED WORLD WAR II.
AND A U.S. ARMY UNIT ON A SPECIAL MISSION, COMBING THROUGH A MILLION OLD ARMY FILES LOOKING FOR BLACK AND NATIVE AMERICAN
SOLDIERS WHO WERE ONCE OVERLOOKED BUT MIGHT NOW BE AWARDED THE MEDAL OF HONOR. >> THE RECORDS THAT WE HOLD NEED
TO BE MADE AVAILABLE. WE NEED TO BRING THE STORIES THAT ARE CAPTURED IN THOSE RECORDS ALIVE.
>> THERE IS A RECORD HERE AT COLLEGE PARK THAT I WANT TO SHOW YOU AND OUR VIEWERS. THIS IS THE RESIGNATION LETTER
OF RICHARD NIXON, AUGUST 9, 1974. >> THIS IS AN INCREDIBLY IMPORTANT DOCUMENT.
>> I HAD NO PRIOR KNOWLEDGE OF THE WATERGATE BREAK-IN. >> BEFORE THE WATERGATE SCANDAL, RECORDS BELONGED TO THE
PRESIDENTS WHO CREATED THEM. BUT AFTER PRESIDENT NIXON SOUGHT TO DESTROY AUDIO TAPES WITH EVIDENCE OF POTENTIAL CRIMES,
CONGRESS TOOK ACTION. >> WHEN AN INDIVIDUAL CONTROLS THE RECORDS, THEY CONTROL THE STORY, THEY CONTROL WHAT THE
AMERICAN PEOPLE CAN KNOW OR NOT KNOW ABOUT THEIR PRESIDENCY. >> WHEN DID INDIVIDUAL PRESIDENTS STOP OWNING THE
RECORDS THAT THEY CREATED? >> NOT UNTIL 1978 WHEN THE PRESIDENTIAL RECORDS ACT WAS SIGNED.
SO, STARTING WITH PRESIDENT REAGAN, NOW THE RECORDS OF THE PRESIDENCY BELONG TO THE AMERICAN PEOPLE AND NOT TO THE
PRESIDENT. >> IN 2021, FORMER PRESIDENT TRUMP TESTED THAT LAW WHEN HE TOOK DOZENS OF BOXES, INCLUDING
ALMOST 340 DOCUMENTS BEARING CLASSIFICATION MARKINGS TO HIS HOME IN FLORIDA. MR. TRUMP WAS EVENTUALLY CHARGED
WITH 40 FELONIES, INCLUDING FOR ALLEGEDLY REFUSING TO TURN OVER SOME OF THE PAPERS. THE CASE WAS DISMISSED, BUT THE
JUSTICE DEPARTMENT IS APPEALING. PRESIDENT JOE BIDEN WAS ALSO INVESTIGATED OVER MORE THAN 80 DOCUMENTS WITH CLASSIFICATION
MARKINGS THAT HE HAD FROM WHEN HE WAS VICE PRESIDENT AND A SENATOR. MR. BIDEN COOPERATED WITH THE
INVESTIGATION AND WAS NOT CHARGED. JAY BOSANKO TOLD US THE ARCHIVES IS SIMPLY THE CUSTODIAN OF THE
DOCUMENTS ALL PRESIDENTS ARE REQUIRED TO TURN OVER. ENFORCING THE LAW IS UP TO THE JUSTICE DEPARTMENT.
>> WHAT IS POTENTIALLY LOST WHEN PRESIDENTIAL RECORDS ARE NOT TRANSFERRED TO THE NATIONAL ARCHIVES?
>> THAT STRIKES AT THE VERY HEART OF THE HISTORICAL RECORD, THE COMPLETENESS OF IT, THE ABILITY TO UNDERSTAND DECISIONS.
SO, IT'S IMPORTANT FOR HISTORIANS AND ULTIMATELY THE AMERICAN PEOPLE TO UNDERSTAND ALL THE PIECES THAT CAME IN AND
MADE UP THAT DECISION MAKING. >> THOSE PIECES OF HISTORY START TO BECOME AVAILABLE TO REPORTERS AND SCHOLARS FIVE YEARS AFTER A
PRESIDENCY ENDS. AT THE 15 PRESIDENTIAL LIBRARIES IN THE ARCHIVE'S SYSTEM. >> WHEN THAT FIVE-YEAR WINDOW
HITS, WE HAVE A BACKLOG OF REQUESTS WE CAN'T POSSIBLY RESPOND TO WITHIN THE TEN DAYS UNDER THE FREEDOM OF INFORMATION
ACT. >> PLEASE BE SEATED. >> WHEN COLLEEN SHOGAN BECAME ARCHIVIST LAST YEAR, SHE
INHERITED A MOUNTAIN OF FREEDOM OF INFORMATION REQUESTS. >> AT THE GEORGE W. BUSH LIBRARY, A FOIA REQUEST MIGHT
COME BACK WITH A 12-YEAR WAIT. >> THAT'S BECAUSE OF THE EXTREME INTEREST IN THOSE RECORDS. AND I THINK THE WAY THAT WE ARE
GOING TO MAKE HEADWAY ON THIS IN THE NEAR FUTURE IS GOING TO BE THROUGH TECHNOLOGY. >> THE ARCHIVES' GOAL IS TO SCAN
AND DIGITIZE ALL PAPERS IN ITS RECORD SEEMS AMBITIOUS. ONLY 2% OF THEIR HOLDINGS ARE CURRENTLY AVAILABLE ONLINE.
WE OBTAINED A RECENT MEMO DRAFTED BY SENIOR LEADERS AT THE AGENCY WHO ARE CONCERNED LIMITED RESOURCES HAVE PUT IT AT SERIOUS
RISK OF MISSION FAILURE. >> IS IT EVEN POSSIBLE TO BRING THE ARCHIVES INTO THE 21st CENTURY BEFORE THE START OF THE
22nd CENTURY WITHOUT SOME SIGNIFICANT INCREASE OF RESOURCES? >> I THINK WE CAN DO IT.
WE WILL DO IT. WE HAVE TO REPRIORITIZE. WE'RE GOING TO HAVE TO LOOK AT OUR BUDGET.
BUT WE WILL RELY UPON OUR INSTITUTIONS, UPON CONGRESS, AND OF COURSE UPON THE EXECUTIVE BRANCH TO SUPPORT US ALONG THE
WAY. >> WHILE THE ARCHIVES' PATH TO DIGITAL TRANSFORMATION WILL BE A WORK IN PROGRESS FOR DECADES, A
BIG CHANGE IS COMING SOON TO THE ROTUNDA. IN 2026, THE EMANCIPATION PROCLAMATION AND THE 19th
AMENDMENT -- >> EXTENDING THE RIGHT OF SUFFRAGE TO WOMEN. >> -- WILL BE PUT ON PERMANENT
DISPLAY. THEY ARE THE FIRST MAJOR ADDITIONS TO THE ROTUNDA IN 72 YEARS.
IT WAS THE ARCHIVIST'S DECISION. SHE SAYS IT'S NOT JUST TO HONOR THE NATION'S PAST BUT A REMINDER THAT AMERICA'S NEXT CHAPTER IS
NOT YET WRITTEN. >>> THE LAST MINUTE OF "60 MINUTES" IS SPONSORED BY UNITED HEALTH CARE.
RELIABLE COVERAGE FOR YOUR WHOLE LIFE AHEAD. >> AUDIO, THE WRITING AND RECORDING OF THESE WORDS YOU'RE
HEARING NOW HAS ALWAYS BEEN CENTRAL TO WHAT WE DO EACH WEEK ON "60 MINUTES." IN THE WORDS OF DONAHUE WIT, THE
CREATOR OF THIS BROADCAST. >> I THINK IT'S YOUR EAR MORE THAN YOUR EYE. >> IT'S WITH THAT IN MIND THAT
WE HAVE CREATED A NEW PODCAST, "60 MINUTES: A SECOND LOOK." SETH DOANE AND TEAM HAVE SPENT THE BETTER PART OF A YEAR MINING
THE "60 MINUTES" ARCHIVE. YOU'LL HEAR FROM A 21-YEAR-OLD TAYLOR SWIFT. >> SOMETIMES I GET REALLY
OVERWHELMED WHEN I THINK ABOUT, LIKE, TEN YEARS FROM NOW, I'LL BE 30. >> AND SECRET SERVICE AGENT
CLINT HILL OPENING UP FOR THE FIRST TIME ABOUT THE DAY PRESIDENT KENNEDY WAS ASSASSINATED.
>> IF I HAD REACTED JUST A LITTLE BIT QUICKER -- >> SEARCH FOR "60 MINUTES: A SECOND LOOK" WHEREVER YOU GET
YOUR PODCASTS. LISTEN TO NEW EPISODES EVERY WEEK. I'M BILL WHITTAKER.
WE'L