The following is a rush transcript of the November 21, 2010, edition of "Fox News Sunday With Chris Wallace." This copy may not be in its final form and may be updated.

CHRIS WALLACE, ANCHOR: I'm Chris Wallace and this is "Fox News Sunday." Foreign policy on the front burner -- from the war in Afghanistan, to the push for a new arms treaty with Russia, to bringing terror suspects to justice, we'll discuss the president's diplomatic challenges with Secretary of State Hillary Clinton.

Then, Republican governors with more power than ever -- we'll sit down with the new RGA chairman, Texas governor Rick Perry, to talk about the Obama agenda and what role Perry will play in the 2012 presidential race.

Plus, with the holiday travel season about to start, airport security gets up close and personal. We'll ask our Sunday panel if new TSA procedures go too far.

And our Power Player of the Week -- a former graffiti artist now creates works of art you can eat, all right now on "Fox News Sunday."

And hello again from Fox News in Washington. President Obama and other NATO leaders agreed Saturday on an exit strategy for Afghanistan, turning over security to the Afghans by the end of 2014.

While NATO officials said they did not expect foreign combat forces to keep fighting the Taliban after that, U.S. officials said they will decide at the time.

Earlier, we spoke with Secretary of State Hillary Clinton from the NATO summit in Lisbon.

(BEGIN VIDEOTAPE)

WALLACE: Secretary Clinton, welcome back to "Fox News Sunday."

SECRETARY OF STATE HILLARY CLINTON: Thank you so much, Chris. Good to talk could you.

WALLACE: NATO has now agreed to a goal of 2014 for turning over security responsibility to the Afghans. Does that mean that the U.S. will have combat troops there for the next four years and possibly beyond?

CLINTON: Well, Chris, I think what happened today was a real vote of confidence in the strategy that is being pursued by the NATO- ISAF coalition. We are following the lead of President Karzai and the Afghans who have set 2014 as the year during which security will be transitioned to the Afghans.

There was discussion today and an agreement by the NATO and ISAF partners that there will be a continuing effort to train and equip and support the Afghans. But the point of the declaration by the NATO- ISAF partners is that the transition to lead Afghan security will occur during 2014.

WALLACE: So that means U.S. combat troops will be there for four more years and, as I understand it, possibly beyond.

CLINTON: Well, I don't know quite what you mean by that, because, for example, if you're going to continue in a supportive role, whether it's American troops or one of our other contributing nations, you're not there for the primary duty of security or combat. You're there to support the Afghans.

But does that mean you're going to defend yourself? Does that mean you'll come to the aid of one of your Afghan colleagues in trouble? Of course. But that is not the primary goal. The goal is to transition the security to an Afghan lead.

And what we heard at the ISAF meeting was the contributions from contributing nations to increase the number of trainers and mentors so that we could accelerate the training of the Afghan security forces. So all around this was a great vote of confidence in President Obama's strategy for Afghanistan.

WALLACE: You met with Afghan president Karzai the other day. Last week he said that the U.S. must reduce its military operations, especially its night raids, which are the very tactics that seem to be working.

I know you met with him, as I say, a couple of days ago. Did you get him onboard the new aggressive U.S. battle plan?

CLINTON: Well, Chris, I think I just want to somewhat take issue with your characterization "new aggressive American battle plan." I think what you will hear from General Petraeus, President Obama, President Karzai and all of us is that we now have all of the components of the strategy that President Obama directed a year ago.

And we believe it's working. And not only do we in the American government believe it's working, what was particularly reassuring is that the expressions of support that came from the NATO-ISAF partner countries also recognized that we are making progress on the ground.

Now, when you are engaged in both trying to kill and capture the enemy and get support from the local population, you have to be always asking yourself, "Is what I'm doing keeping that balance?" General Petraeus understands that probably better than any one.

In my conversation with President Karzai in the meeting that I just came from that President Obama had with President Karzai, we were very clear in saying we have to continue to do what is working, but we cannot do it to the extent that it turns people against the very strategy that's working.

WALLACE: And did -- and did President...

CLINTON: This is a -- this is a constant...

WALLACE: If I may...

CLINTON: This is a constant evaluation. And I think it shows the level of real dialogue that's going on between us.

WALLACE: And did President Karzai agree to that?

CLINTON: Absolutely. He -- you know, he's expressing legitimate concerns that come to him from the Afghan people. I mean, if you have a night raid and you take out a Taliban leader, he's all for that. If you have a night raid and four or five other people who have nothing to do with the Taliban are collateral damage, that's a problem. Everybody understands that.

So what we're trying to do, and I think we are succeeding through a lot of hard work by our military and civilian leadership on the ground, is to constantly try to get that balance right.

WALLACE: The Obama administration is pushing for a vote this year on the new START treaty agreement with the Russians, but the lead Republican, Jon Kyl, says that there's not enough time in this session, this lame duck session, before the end of the year. And the fact is you only have one of the nine Republican votes you need.

Aren't you taking a big chance pushing for a vote this year and running the risk of suffering a major embarrassing defeat on the world stage?

CLINTON: Well, Chris, I have a great deal of respect for all of my colleagues, Democratic and Republican, in the Senate. And I think that everyone is trying to figure out how to do the right thing on this important treaty.

I would just make three quick points. One, this is in the national security interest of the United States. There's no doubt about it. In fact, what I was a heartened by and even a little surprised by at the NATO meeting was the number of people like Chancellor Merkel of Germany, like foreign ministers and prime ministers and presidents from the Baltic countries, from Central and Eastern Europe, like the editorial written by the foreign minister of Poland, people who on the ground in Europe, nearby Russia, many of whom were part of the former Soviet Union, who are saying, "Please ratify this treaty now, United States Senate."

Now, why are they saying that? Not because they have a dog in the hunt between Republicans and Democrats in our country. It's because they know that this would be an important treaty for the continuing cooperation between Russia and the United States.

Secondly, we do not have any inspectors verifying what Russia is doing with their nuclear stockpile or anything else that is going on in their sights. We lost that capacity.

If you talk to any of our intelligence experts like General Jim Clapper, the new director of the National Intelligence Agency, they will tell you we can cannot go much longer without that capacity restored.

And finally, this is in the tradition of not just bipartisan but nonpartisan action on behalf of arms control treaties, going back to President Reagan, who famously said, "Trust but verify." Well, right now we have no verification.

So what we are arguing is that we'll find the time in the lame duck. I understand the legitimate concern that there might not be enough time to debate, to make sure that everybody is well informed. But as Senator Lugar, who is one of the leading experts in the world on the dangers posed by nuclear weapons, on the necessity of having more insight into what Russia's doing -- he said we cannot wait. I agree with him.