On Monday's broadcast of CNBC's "Squawk Box," House Democratic Caucus Chair Rep. Hakeem Jeffries (D-NY) responded to concerns that the green provisions in the Inflation Reduction Act are a boost for China because they have the minerals that are needed for electric vehicles and batteries and whether more should be done to move that production back to the U.S. by stating that it's "something that we can take a look at in the context of a broader approach in terms of industrial policy to bring jobs back to the United States of America."