This is a rush transcript from "Hannity," June 5, 2013. This copy may not be in its final form and may be updated.  SEAN HANNITY, HOST: In one of the most arrogant downright reckless decisions of his entire presidency, Barack Obama has selected his ambassador to the U.N. as his next national security adviser.  Now, while the left wants to spin Susan Rice's unwarranted promotion as some sort of partisan payback against Republicans, the fact is, this brazen act is a slap in the face to all Americans.  Now, Susan Rice did not tell the truth to the Republicans in the wake of the Benghazi terrorist attack. She didn't tell the truth to anybody.  Now, in a moment, we're going to lay out the evidence that suggests that she was a co-conspirator in what was a politically motivated national security cover up.  But first, here is the president from earlier today. He was in the Rose Garden.  PRESIDENT BARACK OBAMA: With her background as a scholar, Susan understands that there is no substitute for American leadership. She is at once passionate and pragmatic. Everybody understands Susan is a fierce champion for justice and human dignity.  Susan is the consummate public servant. A patriot who puts her country first. She is fearless. She is tough.  As our ambassador to the U.N., Susan has been a tireless advocate in advancing our interests.  HANNITY: He also said she was a good basketball player, but a tireless advocate in advancing our interests? Well, that may be the case if he's referring to his political interests. Remember, back in September of 2012 at the height of the presidential election, Susan Rice was sent on five separate Sunday shows to down play Al Qaeda and terrorist involvement in the Benghazi attack. Instead she blamed the deaths of four Americans on a you tube video and said it was spontaneous.  Now, considering the fact that Ms. Rice is about to become the president's top adviser on matters of national security, it's very important that we look back at some of the things that she said just days after this consulate was hit and our ambassador was assassinated. Let's watch this.  (BEGIN VIDEO CLIPS, SEPT. 16, 2012)  SUSAN RICE, U.N. AMBASSADOR, "FOX NEWS SUNDAY": This was not a preplanned premeditated attack. That what happened initially was a spontaneous reaction to what had just transpired in Cairo as a consequence of the video.  RICE, "MEET THE PRESS"/NBC: What happened in Benghazi was in fact initially a spontaneous reaction to what had just transpired hours before in Cairo. Almost a copy cat of the demonstrations against our facility in Cairo which were prompted, of course, by the video.  RICE, "FACE THE NATION"/CBS: It began spontaneously in Benghazi as a reaction to what had transpired some hours earlier in Cairo.  HANNITY: Now, still to this day, nine months later, a number of important unanswered questions exist about Benghazi.  Number one, who was responsible for editing those talking points and pushing the YouTube narrative?  Number two, during the eight hours that Americans were fighting for their lives, what was the president doing?  Number three, who ordered our military to stand down when they were ready to help those that were under fire?  Now, one thing is certain, that thanks to today's announcement, it's going to be awfully difficult for Congressional investigators to ask Susan Rice any of those questions. Now, why? Well, because you wouldn't know it, but her new post does not require Senate approval. And even more importantly, as a member of the White House staff, the president can prevent her from having to testify by invoking executive privilege.  Joining me now with reaction, South Carolina Senator Lindsey Graham. He has been all over the Benghazi case. Senator, welcome back.  SEN. LINDSEY GRAHAM, R-S.C.: That's a pretty darn good lead in. Well done.  HANNITY: Well, just trying to lay out the facts. Thank you.  Well, what is your reaction, first of all?  GRAHAM: Well, number one, let me tell you what Greg Hicks said about Susan Rice's Sunday appearances. This is the number two guy in Libya, our second in charge diplomat, the last guy to talk to Chris Stevens before he died. He said when he heard Susan Rice appear on Sunday television, he was "stunned, my jaw dropped and I was embarrassed." She gets promoted and he gets demoted. What is wrong with this story?  HANNITY: Yes. What are the unanswered questions that you have? And what do you think her responsibility is in all of this?  GRAHAM: Well, number one, I don't think she was an empty vessel that they just poured misinformation through. She also said -- and this is not in the talking points -- that the consulate was strongly significantly and substantially secured, and she reminded the American people that Bin Laden was dead and Al Qaeda was decimated.  That is not in the talking points. She was selling the strength of the president's foreign policy. She was providing deceptive and misleading misinformation about the true facts in Benghazi. She has a credibility problem and I think with the average American, she is chosen by the president to be his national security adviser. She was unconformable as secretary of state.  Having said all that, I will work with her because the world is about to blow up, Barack Obama's foreign policy is a failure, and our friends are scared, our enemies are emboldened.  But what I want to know? I want to hear from survivors. Nine months after the attack, Sean, we haven't heard from one person in Benghazi. Nine months after the attack, we don't know who on that Saturday before she appeared on the Sunday television programs changed the talking points. Who was in the meeting in the White House that went from the truth to garbage and changed the talking points?  And quite frankly, we don't know anything what our president did during that evening. They made two movies about the bin Laden raid. He has given one interview after another about the leadership in the bin Laden raid and he deserves credit. We don't even know when he went to bed.  HANNITY: I'd like to know -- when I first heard this, my first reaction is all right, this is the president, because she doesn't need Senate confirmation, just poking it in the eye of Republicans. What was your first thought?  GRAHAM: I thought, is this the kind of person that -- name one person who has been demoted that was in a position of responsibility. Name one person who has lost their job because of Benghazi.  You know, Susan Rice being promoted or being chosen as national security adviser after her performance in Benghazi basically is the president telling us, "I have no problem with what my administration did in Benghazi misleading the American people," basically telling a narrative that didn't hold water seven weeks before the election. He is very comfortable with his leadership and what she told the American people, and to me that's stunning that he hasn't paid a bigger price.  HANNITY: All right. Another thought that crossed my mind. I call it chasing rabbits. That is -- with all the scandals the president is going through --
Is Obama exhibiting his arrogance of power? The Republican senator weighs in on that and the continued search for answers on Benghazi