The Pentagon’s policy chief Elbridge Colby recently called for a “NATO 3.0”, stating that the United States would “continue to provide the U.S. extended nuclear deterrent” to Europe, but when it came to most defense matters, Europe would need to “assume primary responsibility.” Colby is the undersecretary of war for policy and joins FP Live host Ravi Agrawal at the annual Munich Security Conference.

And in part two of this podcast, Colby and Agrawal were joined by four other guests: Richard Marles, the deputy prime minister and defense minister of Australia; Judith Collins, the minister of defense of New Zealand; Toshimitsu Motegi, the foreign minister of Japan; and David van Weel, the foreign minister of the Netherlands.

Plus, One Thing from Ravi on U.S. Secretary of State Marco Rubio’s speech at the Munich Security Conference.

Listen to Munich Moments on Apple or Spotify.

A transcript of U.S. Vice President J.D. Vance’s 2025 speech at the Munich Security Conference.

A transcript of U.S. Secretary of State Marco Rubio’s 2026 speech at the Munich Security Conference A transcript of Colby’s interview with Ravi

A collection of FP’s reporting and analysis from the Munich Security Conference

Matthew Kroenig: Two Cheers for the National Security Strategy

A. Wess Mitchell: The Grand Strategy Behind Trump’s Foreign Policy

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The “America First” Defense Strategy