Interview With Senate Candidate Carly Fiorina: “The Nation With The Best Brain Power Wins”

On Friday, I caught up with Carly Fiorina by phone for 30 minutes while she was in between stump speeches in her campaign for U.S. Senate for the state of California. We covered a lot of ground, including the new competition in the Republican primary from Tom Campbell who recently bowed out of the governor's race, the need to cut spending, grow the economy, rethink government contracting, China, H1B visas, the burdens of Sarbanes-Oxley on small companies, and how technology can help women in the workforce. "In this day and age where it's all about brain power," says Fiorina, "the nation with the best brain power wins."

The last time we interviewed her, she was John McCain's "Victory Chairman" (a prematurely presumptuous title). Even though she is behind in the polls right now, she is very confident she can win the primary and ultimately knock Democrat Barbara Boxer out of the Senate. She talks a lot about cutting government spending. One good idea she proposes: "Let's put every agency budget up on the internet for everybody to see. People would be outraged at how their money is being spent."

Fiorina also thinks the Sarbanes-Oxley financial rules for publicly traded companies need to be revisited: "I think Sarbanes-Oxley is an example of the dangers of a rush to legislation in an emotional moment. . . . I absolutely believe that new businesses, smaller businesses shouldn't have to comply with the full scope of Sarbanes-Oxley, and I think there's no question that Sarbanes-Oxley has had a chilling effect on companies' decisions to list here as opposed to perhaps listing on other exchanges around the world

You can listen to the entire interview or read the transcript below: