10/12/2025: The China Hack, Booms, Busts and Bubbles, The Road to Damascus

60 Minutes

CBS News

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4 • 2.4K Ratings

🗓️ 13 October 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Correspondent Scott Pelley reports on the threat China’s cyber campaign poses to America’s critical infrastructure. The former head of the National Security Agency and U.S. Cyber Command, General Tim Haugh, speaks with Pelley – in the general’s first television interview since his retirement – about the threat. With Wall Street soaring to record highs and worries of an AI bubble, correspondent Lesley Stahl speaks with Andrew Ross Sorkin — one of the most trusted financial reporters of our time — about his new book, “1929,” which examines the market crash a century ago, to explore whether history is about to repeat itself. As the deal brokered by the Trump administration between Israel and Hamas raises hope for broader changes in the Middle East, Margaret Brennan interviews Syria’s new president Ahmed Al Sharaa, a former Al Qaeda member, in his first U.S. television interview since taking office. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0	Right now, we are living through some of the most tumultuous political times our country has ever known.
0:07.0	I'm David Remnick, and each week on the New Yorker Radio Hour, I'll try to make sense of what's happening,
0:12.1	alongside politicians and thinkers like Cory Booker, Nancy Pelosi, Liz Cheney, Tim Walts,
0:17.7	Katanji Brown Jackson, Newt Gingrich, Robert F. Kennedy Jr., Charlemagne the God,
0:23.2	and so many more. That's all in the New Yorker Radio Hour, wherever you listen to podcasts.
0:36.8	Can you think of any reason that China would target your little community?
0:42.3	That's the exact question I had for the FBI when they visited me on that first day,
0:46.3	and I still can't answer that question. No, I can't think of one reason.
0:50.3	The FBI told Nick Lawler that China has hacked into the computers of vital American
0:57.2	utilities, even his, in tiny Littleton, Massachusetts.
1:03.0	If they're willing to go after that small provider that doesn't have a national security
1:07.0	connection, that means every target is on the list. Do you think that we will have a crash?
1:16.5	We thought it was a good time to check in with Andrew Ross Sorkin, one of the country's most
1:22.3	influential financial reporters. He's just written a book about the market crash a century ago.
1:29.1	Are you scared? I'm anxious that we are at prices that may not feel sustainable. We are either
1:36.1	living through some kind of remarkable boom. Or we're reliving?
1:40.7	1929.
1:44.1	The deal between Israel and Hamas could lead to big changes in the Middle East.
1:50.0	We spoke with a man who knows a thing or two about remarkable transformations.
1:55.7	Syria's new president, Ahmed al-Shada.
1:58.2	Have you ever seen that poster, the wanted poster?
2:02.5	Yes, of course.
	...

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