WATCH: 'Egypt's Al-Sissi Deserves the Nobel Prize for Speech on Islamic Extremism'

Fox News Sunday panelist and Pulitzer prize-winning columnist George Will declared Al-Sissi's recent speech 'an act of tremendous bravery.'

AP

Fox News Sunday Transcript:

(Scroll down to watch President Al-Sissi's speech):

WALLACE: You know, it's interesting, because when I talk to Dempsey, he said the military aspects of this -- he talked about nine lines of effort. The military aspects, but so are the nonmilitary aspects, and one of them was messaging and social media. Egyptian President Al-Sisi gave a remarkable speech this week, I think under cover where he called on Muslim clerics to lead a religious revolution against extremism.

We ask you for questions for the panel. And we got this on Facebook, from Walt Christensen, who writes, "How do we combat Islamic fundamentalist terrorists, how do you combat a belief system without replacing that belief system and without Islamic clerics -- Islamic clerics leading the way? Juan, how do you answer that?

WILLIAMS: I think Walt is right, and I think al Sisi needs to be celebrated worldwide. I think that his message needs to be amplified by the American government, by all Western governments for fighting terrorists.

WALLACE: It can't just be the West against Islam, it has to be Islam.

WILLIAMS: It's got to have leaders in the Muslim world and you're talking here about the leaders of states, who have been very reluctant to get involved in this fight, but also I think the clerics at the very basic level speaking to young people. Look at the young people who did the Boston bombing, loot at the young people here, the brothers in both cases. I think there are number of young Muslims who feel besieged, who feel that what Charlie Hebdo did was bullying, that they were simply pushing an anti-Muslim fervor that exists in France, exists in Germany, anti-immigrant and anti-Muslim, and as a result what you get is the clerics, whining that there is -- they can't even control what's coming across. You are talking with the general about the Internet, the kind of recruiting efforts to make these young people, these alienated young people feel somehow now they are empowered by the use of violence. And this bullies, and I think they are bullies, these young people, these are thugs, they use the religion to justify these acts of violence. That has got to be stopped and it's got to be stopped by other Muslims, moderate Muslims who say that something like Molly Norris, this cartoonist in Seattle that has been in hiding because of a threat against her life for drawing a caricature of Muhammad that that is not allowed by the clerics, not supported and not the actions of a good Muslim.

WALLACE: George, final thoughts.

WILL: Well, as head of the Egyptian state, Al Sisi occupies an office once occupied by Anwar Sadat who was murdered by Islamic extremists for his opening to Israel. This was an act of tremendous bravery by al Sisi, and if the Nobel Peace Prize committee is looking for someone who plausibly deserves it, they could start there.

WALLACE: It will be interesting to see whether the rest of the world embraces this idea of calling out Islam and saying if anybody is going to stand up to these jihadists, it's got to be you guys.

Panel, we have to take a break here, but we'll see you little later in the program.

Up next, the showdown over Keystone as Republicans push a bill through Congress approving the pipeline, the president sticks to his veto threat. We'll ask two top senators what happens now.

Watch President Al-Sissi's full speech here: