WASHINGTON, DC - JULY 8: Hudson Institute President and CEO John Walters listens as Speaker of the House Mike Johnson (R-LA) speaks at the Hudson Institute on July 8, 2024 in Washington, DC. Speaker Johnson laid out his plan for a "peace through strength" U.S. foreign policy agenda, calling for spending reform, beefing up defense needs, and strengthening allies while singling out Beijing as the country's number one foreign threat. (Photo by Andrew Harnik/Getty Images)