'This Week' Transcript: Warren Buffett, Powerhouse Roundtable

BUFFETT: I think that -- I think we've made a terrible mistake in this country and a lot of other countries, too, but in not using all of our talent. I mean, if we said we were only going to let people, men 5'10", or below engage, in three or four occupations, it would be regarded as totally nutty. And for decades, centuries, we relegated women to just a few occupations. And we did not fully use the talent that's available. And we're making progress, but we have got a ways to go.

JARVIS: Beyond rhetoric, what can be done to change that?

BUFFETT: I think there should be more pushing forward, in terms of both the outer structure, but then I was also encouraging women not to hold themselves back.


JARVIS: Three of the 13 members of Warren Buffett's Berkshire Hathaway board are women. That's a little bit better than the national average. However, there will be a man eventually replacing Warren Buffett. He says he has no plans to step down just yet, but the board and he are firmly aligned on one candidate, and it's not a woman -- George.

STEPHANOPOULOS: OK, Rebecca, thanks very much.

More roundtable coming up. We'll get their take on the first showdown of 2016. Those eye-popping poll numbers for Hillary. And the first gay player in the NBA, what will it mean for professional sports?


STEPHANOPOULOS: Senate rates the national spotlight this week. Up in Massachusetts, the special election to fill Secretary of State John Kerry's seat will pit veteran Democratic Congressman Ed Markey against a political newbie, Navy SEAL turned businessman Gabriel Gomez.


GABRIEL GOMEZ, REPUBLICAN CANDIDATE FOR MA SENATE: I want to take you back in time. The year was 1976. The average price of a new home was $44,000. Me? I was just playing little league baseball. And that was when Ed Markey first got elected to congress.

REP. ED MARKEY, (D) MASSACHUSETTS: This campaign is about standing up to the special interests and the extreme Tea Party Republicans who want to stop progress.


STEPHANOPOULOS: Race to watch. And we're going to be right back with more roundtable.



REP. NANCY PELOSI: I pray that Hillary Clinton decides to run for President of the United States. She will be the most qualified person to enter the White House in modern history.

HENRY KISSINGER: At least four Secretaries of State became president. And that sort of started focusing my mind. I want to tell Hillary when she misses the office, it might be hope for a fulfilling life afterwards.


STEPHANOPOULOS: A little bipartisan encouragement there for Hillary Clinton as she ponders a run in 2016, still 3-1/2 years away. Let's bring this all back to our roundtable. I want to talk about 2016 in a little bit, but first another big item on the agenda still this year.

And that is gun control, the background check legislation. You saw the NRA meeting this weekend, up to five million members. Wayne LaPierre saying this is a once in a generation fight. But some of those senators against the background check, also under pressure from the Newtown families. Here's Senator Kelly Ayotte.


ERICA LAFFERTY, DAUGHTER OF NEWTOWN VICTIM: You had mentioned that day the burden on owners of gun stores. I'm just wondering why the burden of my mother being gunned down in the halls of her elementary school isn't as important as that?

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