Sen. John McCain: Egyptian President Morsi's Power Grab Is "Unacceptable"

In an exclusive Fox News Sunday interview, Senator John McCain (R-AZ) sat down with host Chris Wallace to discuss the latest foreign policy developments. In Egypt, protesters are taking to the streets once again, but this time it’s to protest against their democratically elected leader. President Mohammed Morsi stunned many after he granted himself near-absolute powers, just days after playing an important role in hashing out a ceasefire between Israel and Hamas.

Sen. McCain laid out several scenarios for Egypt, which could include a military takeover or an Islamist coup. He recalled meeting with a young woman who was a part of the 2011 revolution in Egypt. She said

to him, “Senator McCain, it’s not the first election we worry about, it’s the second.”

Morsi needs to renounce his latest move and allow the judiciary to function, said Sen. McCain. Furthermore, the United States needs to come out and condemn Morsi’s power grab as unacceptable, he said, adding, “We thank Mr. Morsi for his efforts in brokering a ceasefire; […] this is not what the United States of American taxpayers expect and our dollars will be directly related to the progress toward democracy.”

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• VIDEO: Massive Protests in Egypt’s Tahrir Square After President Morsi Grants Himself Sweeping New Powers

Many questions remain unanswered when it comes to the deadly attack on the U.S. Consulate attack in Benghazi, Libya. The senator says he will try to block Susan Rice’s nomination if President Obama decides to name the U.N. ambassador as the next secretary of state. Amb. Rice said about Sen. McCain, “I do think that some of the statements he’s said about me have been unfounded. But I look forward to have the opportunity at the appropriate time to discuss all of this with him.”

Sen. McCain told Wallace he would be glad to discuss this situation with her. While he wouldn't say he’d support her for secretary of state, Sen. McCain acknowledged, “I think she deserves the ability and the opportunity to explain herself […] but she’s not the problem. The problem is the president of the United States, who in a debate with Mitt Romney said that he had said that it was a terrorist attack. He hadn’t.”

Sen. McCain addressed the attacks by those on the left that he has used racial code words to go after Amb. Rice. He also gave his views on the future of the Republican Party. Check out the interview below!