1 00:00:00,880 --> 00:00:04,360 Speaker 1: You're listening to the Bloomberg Sound on podcast. Catch us 2 00:00:04,400 --> 00:00:07,560 Speaker 1: live weekdays at one Eastern on Bloomberg dot com, the 3 00:00:07,640 --> 00:00:10,760 Speaker 1: iHeartRadio app, and the Bloomberg Business app, or listen on 4 00:00:10,800 --> 00:00:13,920 Speaker 1: demand wherever you get your podcast. 5 00:00:14,040 --> 00:00:18,080 Speaker 2: Republicans nominate another candidate for Speaker, but does he have 6 00:00:18,239 --> 00:00:22,239 Speaker 2: the votes? Welcome to the fastest show in politics. As 7 00:00:22,280 --> 00:00:25,479 Speaker 2: the majority whip Tom Emmer comes out on top after 8 00:00:25,640 --> 00:00:27,920 Speaker 2: several rounds of voting. We're going to have the latest 9 00:00:27,960 --> 00:00:31,400 Speaker 2: from Capitol Hill for you straight ahead, and we'll go 10 00:00:31,480 --> 00:00:34,640 Speaker 2: on the inside with someone who's been there. Denver Riggleman, 11 00:00:34,680 --> 00:00:38,000 Speaker 2: the former Republican congressman from Virginia, will join with insights 12 00:00:38,320 --> 00:00:41,159 Speaker 2: from our signature panel. Rick Davis and Genie Shanzano are 13 00:00:41,200 --> 00:00:44,360 Speaker 2: with us Bloomberg Politics contributors. We'll also touch on the 14 00:00:44,400 --> 00:00:48,040 Speaker 2: campaign trail this hour with a new strategy emerging from 15 00:00:48,080 --> 00:00:51,680 Speaker 2: the group No Labels. I'm Joe Matthew in Washington, where 16 00:00:51,680 --> 00:00:55,000 Speaker 2: we have breaking news in the race for Speaker. Tom Emmer. 17 00:00:55,720 --> 00:00:59,280 Speaker 2: Your a new nominee won the speaker nomination took five 18 00:00:59,400 --> 00:01:02,080 Speaker 2: rounds this year. He got one hundred and seventeen votes. 19 00:01:02,120 --> 00:01:05,800 Speaker 2: Remembering that last night we had nine candidates interested in 20 00:01:05,840 --> 00:01:09,960 Speaker 2: this job, tom Emmer rising to the top as the 21 00:01:10,120 --> 00:01:14,640 Speaker 2: Majority Whip. He had the support of former Speaker Kevin McCarthy, 22 00:01:14,680 --> 00:01:17,000 Speaker 2: and of course majority Whip. With a rolodex like that, 23 00:01:18,000 --> 00:01:19,520 Speaker 2: you know how to get a couple of votes. Here's 24 00:01:19,560 --> 00:01:21,080 Speaker 2: McCarthy earlier having. 25 00:01:20,880 --> 00:01:24,920 Speaker 3: Been the whip, getting the tough votes when passing HR 26 00:01:25,000 --> 00:01:29,240 Speaker 3: one making America Energy Independent, parents Bill of Rights, getting 27 00:01:29,280 --> 00:01:32,280 Speaker 3: the debt ceiling. So he knows the conference well. 28 00:01:32,800 --> 00:01:36,240 Speaker 2: But does the conference want him to be speaker? As 29 00:01:36,280 --> 00:01:38,880 Speaker 2: I mentioned, one hundred and seventeen votes today, not bad, 30 00:01:39,720 --> 00:01:41,560 Speaker 2: but he's got one hundred more to go. You have 31 00:01:41,600 --> 00:01:43,480 Speaker 2: to have two seventeen to make this reel, and we 32 00:01:43,560 --> 00:01:46,160 Speaker 2: may not really know until this actually hits the floor. 33 00:01:46,160 --> 00:01:48,440 Speaker 2: We're also not sure exactly when that is going to happen. 34 00:01:48,480 --> 00:01:50,720 Speaker 2: But we're getting used to this drill, right, We've done 35 00:01:50,720 --> 00:01:52,480 Speaker 2: this a few times by now. This would be the 36 00:01:52,600 --> 00:02:01,200 Speaker 2: third time. Steve'scalise Jim Jordan Tom Emmer, former hockey player 37 00:02:01,320 --> 00:02:04,000 Speaker 2: and coach, as I read on the terminal, with a 38 00:02:04,000 --> 00:02:07,559 Speaker 2: network of connections with individual lawmakers built in his current 39 00:02:07,640 --> 00:02:11,960 Speaker 2: job as chief vote counter, Yes, the Whip, and so 40 00:02:12,000 --> 00:02:13,680 Speaker 2: the next couple of days is going to be pretty interesting. 41 00:02:13,680 --> 00:02:15,760 Speaker 2: You've heard a lot of smart people here, including a 42 00:02:15,760 --> 00:02:18,640 Speaker 2: lot of Republicans, tell us on this program we would 43 00:02:18,639 --> 00:02:20,120 Speaker 2: not have a speaker by the end of the week, 44 00:02:21,080 --> 00:02:24,160 Speaker 2: and so on this Tuesday we project with the help 45 00:02:24,280 --> 00:02:29,040 Speaker 2: of Denver Riggleman, the former Republican Congressman from Virginia's fifth District, 46 00:02:29,280 --> 00:02:31,440 Speaker 2: is with us, and Congressman, it's good to see you. 47 00:02:31,480 --> 00:02:34,480 Speaker 2: Thanks for coming on to talk to us today on Bloomberg. 48 00:02:35,600 --> 00:02:38,920 Speaker 2: Happy to speak as a former congressman. Absolutely, we're going 49 00:02:38,960 --> 00:02:40,680 Speaker 2: to have some honest talk here, and what are your 50 00:02:40,680 --> 00:02:44,160 Speaker 2: thoughts on number one, can Tom Emmer close this deal? 51 00:02:44,800 --> 00:02:45,200 Speaker 1: And two? 52 00:02:45,240 --> 00:02:50,120 Speaker 4: How long might it take? So I think, you know, 53 00:02:50,200 --> 00:02:52,560 Speaker 4: even me being a former congressman, I think anybody who 54 00:02:52,639 --> 00:02:55,519 Speaker 4: thinks they can predict Congress and what's going to happen, 55 00:02:56,560 --> 00:02:58,920 Speaker 4: you know, might be smoking some wacky weed. But I 56 00:02:58,919 --> 00:03:01,880 Speaker 4: will tell you this, I think out of everyone, Tom 57 00:03:01,960 --> 00:03:05,280 Speaker 4: might have the best chance. It was promising to see 58 00:03:05,280 --> 00:03:09,560 Speaker 4: somebody who voted to affirm the election and didn't vote 59 00:03:09,560 --> 00:03:11,480 Speaker 4: to object to the electors. I think only two out 60 00:03:11,520 --> 00:03:13,760 Speaker 4: of nine of those running. I think it was him 61 00:03:13,760 --> 00:03:17,240 Speaker 4: and Austin actually voted that way. I do think he 62 00:03:17,240 --> 00:03:18,400 Speaker 4: can make it. He's going to have to make a 63 00:03:18,400 --> 00:03:20,240 Speaker 4: lot of deals, and he's going to have to make 64 00:03:20,280 --> 00:03:24,080 Speaker 4: sure that he's getting some phone call support from Tonald 65 00:03:24,080 --> 00:03:26,840 Speaker 4: Trump in the background. So out of everyone, I think 66 00:03:26,880 --> 00:03:30,720 Speaker 4: his chances are probably best. I'm still not that optimistic, 67 00:03:30,760 --> 00:03:33,320 Speaker 4: to be honest with you. I give it a three 68 00:03:33,400 --> 00:03:35,800 Speaker 4: out of ten that he can get through. That's the 69 00:03:35,800 --> 00:03:38,120 Speaker 4: best that I got. But again, if he can make 70 00:03:38,120 --> 00:03:41,000 Speaker 4: the proper deals and he can actually convince Donald Trump 71 00:03:41,040 --> 00:03:43,360 Speaker 4: to make some calls for him behind the door, he 72 00:03:43,440 --> 00:03:44,760 Speaker 4: might have a chance to pull this out. 73 00:03:45,200 --> 00:03:48,480 Speaker 2: Three out of ten that's pretty tough. But Donald Trump, 74 00:03:48,560 --> 00:03:51,440 Speaker 2: I wonder, may have already been helping him out right. 75 00:03:51,440 --> 00:03:53,480 Speaker 2: We heard that there was reporting Matt Gates was making 76 00:03:53,480 --> 00:03:56,400 Speaker 2: phone calls for Tom Emmer this morning. We know Emmer 77 00:03:56,520 --> 00:03:59,720 Speaker 2: spoke with Trump over the weekend. Is it possible the 78 00:03:59,720 --> 00:04:01,840 Speaker 2: form presidents turning over a new leaf, because all we 79 00:04:01,840 --> 00:04:04,720 Speaker 2: were hearing was he was an never emmer because he 80 00:04:04,840 --> 00:04:06,080 Speaker 2: voted to certify the election. 81 00:04:07,120 --> 00:04:07,360 Speaker 1: Yeah. 82 00:04:07,400 --> 00:04:10,800 Speaker 4: I think, you know, I think that people around Trump, 83 00:04:10,840 --> 00:04:13,600 Speaker 4: I don't think they're the brightest sometimes. But the fact 84 00:04:13,640 --> 00:04:15,440 Speaker 4: that it's been almost three weeks or I think we're 85 00:04:15,440 --> 00:04:17,400 Speaker 4: close to three weeks. If I remember that there hasn't 86 00:04:17,400 --> 00:04:20,039 Speaker 4: been a Speaker of the House. We have Israel, we 87 00:04:20,160 --> 00:04:23,080 Speaker 4: have Ukraine, we still have the budget, or we have 88 00:04:23,160 --> 00:04:25,640 Speaker 4: monies that we need to expend or we need to 89 00:04:25,640 --> 00:04:29,440 Speaker 4: appropriate for the continuing working functions of the government. It 90 00:04:29,520 --> 00:04:32,160 Speaker 4: might be that they're reaching a reality that there has 91 00:04:32,200 --> 00:04:34,880 Speaker 4: to be a speaker and right now, this buffoonery, this 92 00:04:35,080 --> 00:04:39,000 Speaker 4: chaos is really hurting their chances for the upcoming election cycle. 93 00:04:39,400 --> 00:04:41,560 Speaker 4: And if Trump doesn't look like that he has some 94 00:04:41,640 --> 00:04:44,159 Speaker 4: kind of hold on what's happening and he's not seen 95 00:04:44,200 --> 00:04:47,120 Speaker 4: the riding on the wall could hurt his presidential aspirations also. 96 00:04:47,240 --> 00:04:49,960 Speaker 4: So I think you get to the law of diminishing returns, 97 00:04:50,000 --> 00:04:52,520 Speaker 4: and half the battle was showing up, So I think 98 00:04:52,560 --> 00:04:55,599 Speaker 4: Tom showing up here at the end might actually serve 99 00:04:55,640 --> 00:04:58,200 Speaker 4: to his benefit because there's desperation in the conference. 100 00:04:59,000 --> 00:04:59,600 Speaker 1: Fascinating. 101 00:05:00,040 --> 00:05:02,000 Speaker 2: I just wonder what impact Donald Trump has at all. 102 00:05:02,040 --> 00:05:04,159 Speaker 2: I mean, he endorsed Jim Jordan, and boy, that didn't 103 00:05:04,240 --> 00:05:07,000 Speaker 2: last very long, you know, and how much of the 104 00:05:07,040 --> 00:05:08,200 Speaker 2: conference answers to him? 105 00:05:08,920 --> 00:05:09,160 Speaker 5: Yeah? 106 00:05:09,200 --> 00:05:12,279 Speaker 4: You know, though, here's the thing is, you know, Jordan's 107 00:05:12,279 --> 00:05:14,159 Speaker 4: still got two hundred votes on that first. You know, 108 00:05:14,240 --> 00:05:16,279 Speaker 4: Merry go round, even though you know a lot of 109 00:05:16,279 --> 00:05:20,279 Speaker 4: those people were voting because of fear and really abject 110 00:05:20,279 --> 00:05:24,480 Speaker 4: cowardice at times. I think because that's what happens, right, 111 00:05:24,520 --> 00:05:27,640 Speaker 4: You're reacting to your district, you're reacting to polling, you're 112 00:05:27,640 --> 00:05:30,200 Speaker 4: reacting to your local committees. But I do think he 113 00:05:30,279 --> 00:05:32,479 Speaker 4: still has a lot of sway, and I believe I 114 00:05:32,520 --> 00:05:34,120 Speaker 4: read somewhere. I don't want to take credit for this, 115 00:05:34,240 --> 00:05:36,880 Speaker 4: but it's true that Donald Trump might not be able 116 00:05:36,920 --> 00:05:38,560 Speaker 4: to put you over the finish line, but he can 117 00:05:38,600 --> 00:05:43,840 Speaker 4: certainly certainly bury your chances through rabble rousing. You know 118 00:05:43,960 --> 00:05:46,480 Speaker 4: that that portion of Congress that's completely loyal to him, 119 00:05:46,480 --> 00:05:49,000 Speaker 4: regardless of if it's right or wrong. So I think 120 00:05:49,000 --> 00:05:50,560 Speaker 4: that's the issue that you have, is that you have 121 00:05:50,640 --> 00:05:54,120 Speaker 4: to ride that tight rope of appealing to the election deniers, 122 00:05:54,120 --> 00:05:56,480 Speaker 4: which is absolutely grotesque. But I would even say that, 123 00:05:57,160 --> 00:05:59,760 Speaker 4: but Tom has to So now he has to call 124 00:05:59,839 --> 00:06:02,279 Speaker 4: Donald Trump, he has to do things that might go 125 00:06:02,360 --> 00:06:05,480 Speaker 4: against some type of moral code in order to get 126 00:06:05,520 --> 00:06:08,240 Speaker 4: to the point he needs to be where the Republicans 127 00:06:08,240 --> 00:06:10,359 Speaker 4: can actually govern. I think that's the issue that you 128 00:06:10,440 --> 00:06:14,200 Speaker 4: have is at what point, right, how far do you 129 00:06:14,240 --> 00:06:16,480 Speaker 4: go in order to secure a position like that, especially 130 00:06:16,480 --> 00:06:19,960 Speaker 4: when you're looking at what's happening in the global landscape 131 00:06:20,040 --> 00:06:20,440 Speaker 4: right now. 132 00:06:21,520 --> 00:06:24,160 Speaker 2: You know, we understood that Tom Emmer had an uphill 133 00:06:24,200 --> 00:06:28,000 Speaker 2: climb because there was some opposition within the Republican Conference 134 00:06:28,520 --> 00:06:33,719 Speaker 2: to his support of a same sex marriage initiative. You 135 00:06:33,760 --> 00:06:37,160 Speaker 2: were cast out in part of the Republican Conference for 136 00:06:37,279 --> 00:06:41,120 Speaker 2: officiating a gay wedding. Is this actually an issue that 137 00:06:41,240 --> 00:06:44,640 Speaker 2: Tom Emmer can maybe help to move the needle on 138 00:06:44,720 --> 00:06:46,120 Speaker 2: inside the Republican Conference. 139 00:06:47,120 --> 00:06:47,320 Speaker 1: Yeah. 140 00:06:47,360 --> 00:06:50,320 Speaker 4: I think I saw Congressman Rick Allen come out against 141 00:06:50,360 --> 00:06:53,960 Speaker 4: Tom ember because of his support of gay rights. I 142 00:06:53,960 --> 00:06:56,960 Speaker 4: think that's absolutely shameful. And I know Rick Allen. I've 143 00:06:56,960 --> 00:06:58,880 Speaker 4: also seen some of his text messages. You know, I 144 00:06:58,960 --> 00:07:01,760 Speaker 4: was also the senior technical advisor for January sixth. So 145 00:07:01,800 --> 00:07:03,960 Speaker 4: I don't know if he's the person you actually want 146 00:07:03,960 --> 00:07:06,000 Speaker 4: to hang your hat on based on his belief systems, 147 00:07:06,000 --> 00:07:09,560 Speaker 4: which could be quite insane. But I do think that 148 00:07:09,640 --> 00:07:14,200 Speaker 4: if Tom gets through this, it should signal that we're okay, right, 149 00:07:14,240 --> 00:07:16,080 Speaker 4: we should have a party that's just small enough to 150 00:07:16,080 --> 00:07:18,800 Speaker 4: fit in the bedroom. And I was cast out because 151 00:07:18,840 --> 00:07:21,480 Speaker 4: of officiating a same sex wedding. I would hope that 152 00:07:21,520 --> 00:07:24,920 Speaker 4: this actually furthers, you know, marriage equality and same sex rights, 153 00:07:25,200 --> 00:07:27,800 Speaker 4: because I think the Republican Party should be about freedom 154 00:07:27,880 --> 00:07:30,960 Speaker 4: of the individual and not this bizarre sort of Christian 155 00:07:31,040 --> 00:07:34,000 Speaker 4: nationalism tilt that they're having right now. So I think 156 00:07:34,040 --> 00:07:36,320 Speaker 4: Tom being on that side is obviously the right side 157 00:07:36,320 --> 00:07:39,640 Speaker 4: of history, and I would hope that that signals some 158 00:07:39,720 --> 00:07:43,240 Speaker 4: kind of push forward for equality across the board. But 159 00:07:44,200 --> 00:07:46,200 Speaker 4: I'm not trying to be pessimistic here, but looking at 160 00:07:46,240 --> 00:07:49,840 Speaker 4: some of the individuals in the Republican Conference now and 161 00:07:49,880 --> 00:07:52,200 Speaker 4: where they're slanted, I think that's still going to be 162 00:07:52,240 --> 00:07:55,160 Speaker 4: an uphill battle. But Tom being there based on his 163 00:07:55,320 --> 00:07:58,880 Speaker 4: support for equal rights or for equality, I think is 164 00:07:58,880 --> 00:08:01,280 Speaker 4: a very positive thing, and I don't think it really 165 00:08:01,360 --> 00:08:03,400 Speaker 4: changes where the Republican Party has gone right now. 166 00:08:03,440 --> 00:08:07,440 Speaker 2: Sadly, well, where is the Republican Party going? Especially in 167 00:08:07,480 --> 00:08:10,680 Speaker 2: the House. Uh, Congressman, you know more about this than most. 168 00:08:10,760 --> 00:08:12,680 Speaker 2: We talk about the Five Families on the air on 169 00:08:12,720 --> 00:08:16,480 Speaker 2: a regular basis. We certainly know the Crazy Eights, as 170 00:08:16,520 --> 00:08:18,760 Speaker 2: I think Kevin McCarthy likes to refer to them. But 171 00:08:18,840 --> 00:08:21,120 Speaker 2: even if Tom Emmer gets this done, he closes the 172 00:08:21,120 --> 00:08:24,480 Speaker 2: deal while we're still talking. That's just the beginning of 173 00:08:24,520 --> 00:08:26,720 Speaker 2: the hard part, right. I mean, my goodness, how do 174 00:08:26,760 --> 00:08:29,800 Speaker 2: you govern this conference? And will he suffer the same 175 00:08:29,800 --> 00:08:30,920 Speaker 2: fate as Kevin McCarthy. 176 00:08:32,120 --> 00:08:34,920 Speaker 4: I feel like anybody who's speaker right now is is 177 00:08:34,960 --> 00:08:41,440 Speaker 4: really the frog and the pot pulling water. Yeah, so it, 178 00:08:41,800 --> 00:08:44,520 Speaker 4: you know, just slowly turns up the heat until they're done. 179 00:08:44,760 --> 00:08:48,120 Speaker 4: They're just gone. And I think Tom making it a 180 00:08:48,240 --> 00:08:50,120 Speaker 4: year would be a miracle if he were to even 181 00:08:50,160 --> 00:08:53,600 Speaker 4: get through. You're you make such a valid point, really 182 00:08:53,640 --> 00:08:57,920 Speaker 4: an intelligent point, is that what happens when you win, Uh, 183 00:08:58,080 --> 00:08:59,960 Speaker 4: Tom is going to be the dog catching the car. 184 00:09:01,000 --> 00:09:03,080 Speaker 4: So I think that's the issue that you have right 185 00:09:03,120 --> 00:09:04,400 Speaker 4: now in the Republican conference. 186 00:09:04,840 --> 00:09:09,520 Speaker 2: Wow, we're looking at a gigantic pool of nose. In 187 00:09:09,640 --> 00:09:13,400 Speaker 2: the words of Jake Sherman, who just posted on Twitter 188 00:09:13,640 --> 00:09:16,920 Speaker 2: from punch Bowl, the roll call vote is over. Twenty 189 00:09:16,920 --> 00:09:19,360 Speaker 2: six House Republicans said they would vote for someone else 190 00:09:19,400 --> 00:09:23,480 Speaker 2: besides Tom Emmer when this goes to the floor. What 191 00:09:23,520 --> 00:09:24,040 Speaker 2: does that tell you? 192 00:09:24,120 --> 00:09:27,080 Speaker 4: Yeah, it tells me. I think my three out of 193 00:09:27,160 --> 00:09:31,160 Speaker 4: ten chances were correct. There we are, you know, I 194 00:09:31,360 --> 00:09:34,720 Speaker 4: you know, again, these these individuals are going to vote. 195 00:09:34,720 --> 00:09:37,720 Speaker 4: I've been there. They're looking for deals, but you also 196 00:09:37,720 --> 00:09:39,840 Speaker 4: have true believers. And the issue that you have with 197 00:09:39,880 --> 00:09:42,440 Speaker 4: the Republican Party and where they're going back to your 198 00:09:42,440 --> 00:09:45,120 Speaker 4: original question there, and I apologize because I definitely want 199 00:09:45,120 --> 00:09:47,440 Speaker 4: to answer it. Do you have individuals that aren't based 200 00:09:47,480 --> 00:09:50,360 Speaker 4: on any type of facts based policymaking. They really are 201 00:09:50,600 --> 00:09:53,520 Speaker 4: relying on fantasy or they're really relying on the ignorance 202 00:09:53,520 --> 00:09:55,600 Speaker 4: of their base the way that they're voting, and that 203 00:09:55,679 --> 00:09:57,600 Speaker 4: the way that they're talking, even you know, with media 204 00:09:57,600 --> 00:10:00,800 Speaker 4: and with press, you can't We're to a point in 205 00:10:00,840 --> 00:10:03,720 Speaker 4: our history you can't have election deniers, people who actually 206 00:10:04,360 --> 00:10:08,200 Speaker 4: rejected the electors based on a multitude of conspiracy theories 207 00:10:08,200 --> 00:10:10,600 Speaker 4: that are so outlandish that a six year old wouldn't 208 00:10:10,600 --> 00:10:13,800 Speaker 4: believe them. But you have these individuals that are voting 209 00:10:13,960 --> 00:10:16,280 Speaker 4: based on that mindset for things that really affect the 210 00:10:16,360 --> 00:10:18,840 Speaker 4: United States of America on a global scene, but also 211 00:10:18,880 --> 00:10:22,160 Speaker 4: domestically when it comes to actually moneies and expenditure of 212 00:10:22,200 --> 00:10:25,800 Speaker 4: moneys and what happens to public services. So the Republican Party, 213 00:10:25,800 --> 00:10:27,600 Speaker 4: I think needs to get back to facts base. But 214 00:10:27,640 --> 00:10:30,280 Speaker 4: the fact that you just saw, or what Jake Sherman 215 00:10:30,320 --> 00:10:31,880 Speaker 4: put out there. I think you see people that are 216 00:10:32,000 --> 00:10:35,400 Speaker 4: voting based on a base that's been radicalized and weaponized 217 00:10:35,440 --> 00:10:37,600 Speaker 4: through disinformation. And I think it's going to be very 218 00:10:37,600 --> 00:10:39,760 Speaker 4: difficult for the GOP to turn that around. And I 219 00:10:39,760 --> 00:10:42,840 Speaker 4: think that's why you see the difficulty in getting a speaker, 220 00:10:42,880 --> 00:10:45,000 Speaker 4: because the facts based and the truth based, anybody who 221 00:10:45,000 --> 00:10:49,600 Speaker 4: has any real semblance of wanting to make policy based 222 00:10:49,600 --> 00:10:52,400 Speaker 4: on data are being pushed aside by the fantasy based 223 00:10:52,440 --> 00:10:54,320 Speaker 4: individuals that are in the conference right now. And I 224 00:10:54,320 --> 00:10:56,920 Speaker 4: think that's where the GOP is, and I think it's 225 00:10:56,920 --> 00:10:58,160 Speaker 4: going to go that way for a while. 226 00:10:59,000 --> 00:11:01,480 Speaker 2: Speaking of where the GEOP is, you tweeted this morning 227 00:11:01,520 --> 00:11:05,600 Speaker 2: ahead of all the rounds of voting, seven Republican candidates 228 00:11:05,600 --> 00:11:08,320 Speaker 2: for speaker at that point we had seven for those 229 00:11:08,320 --> 00:11:12,280 Speaker 2: who weren't following too closely, seven Republican candidates for speaker 230 00:11:12,360 --> 00:11:15,080 Speaker 2: supported efforts to overturn the twenty twenty election. You write, 231 00:11:15,080 --> 00:11:17,559 Speaker 2: many of those were my former colleagues in the House. 232 00:11:17,720 --> 00:11:20,199 Speaker 2: My message to them, I saw the data from the 233 00:11:20,280 --> 00:11:24,200 Speaker 2: January sixth Committee. The election was not stolen, denounced Trump 234 00:11:24,520 --> 00:11:27,439 Speaker 2: put people over party. Will Tom Emmer do that. 235 00:11:29,200 --> 00:11:31,400 Speaker 4: I think, you know, Tom was you know, one of 236 00:11:31,440 --> 00:11:34,280 Speaker 4: those few yes in the conference that voted to a ferment. 237 00:11:35,040 --> 00:11:38,280 Speaker 4: I hope that he can. But even with Tom, somebody 238 00:11:38,280 --> 00:11:40,680 Speaker 4: who have known for a while and had real frank 239 00:11:40,720 --> 00:11:43,280 Speaker 4: conversations with, I think it's going to be a very 240 00:11:43,280 --> 00:11:48,000 Speaker 4: difficult battle for him. I think trying to actually rally 241 00:11:48,000 --> 00:11:50,560 Speaker 4: a conference that doesn't want to be rallied, or that 242 00:11:50,720 --> 00:11:54,760 Speaker 4: delights in this type of political you know, political crazy 243 00:11:54,800 --> 00:11:58,679 Speaker 4: making and really is loyal to Trump over constituents and 244 00:11:58,760 --> 00:12:01,400 Speaker 4: what happens in this country. I don't know if Tom. 245 00:12:01,920 --> 00:12:05,400 Speaker 4: I think Tom's going to have amazingly hard, uphill battle 246 00:12:05,880 --> 00:12:09,000 Speaker 4: trying to, I would say, trying to join those factions together. 247 00:12:09,440 --> 00:12:11,920 Speaker 4: I don't think, as you know, William Wallace, you know, 248 00:12:11,960 --> 00:12:14,040 Speaker 4: in the movie Braveheart, you know, said to Robert the 249 00:12:14,040 --> 00:12:16,800 Speaker 4: Bruce unite the clans. I don't think he's going to 250 00:12:16,880 --> 00:12:19,079 Speaker 4: be able to do that. I think it's going to 251 00:12:19,120 --> 00:12:21,600 Speaker 4: be very difficult. I think he is. If he wins, 252 00:12:21,600 --> 00:12:23,600 Speaker 4: he is going to be the proverbial frog in the 253 00:12:23,600 --> 00:12:26,000 Speaker 4: water that's slowly being boiled. I think it's going to 254 00:12:26,040 --> 00:12:27,800 Speaker 4: be very difficult for him to get through and it's 255 00:12:27,840 --> 00:12:31,720 Speaker 4: going to take a master's class in politicking, But sadly 256 00:12:32,120 --> 00:12:35,400 Speaker 4: that means making deals with people that frankly don't want 257 00:12:35,400 --> 00:12:38,520 Speaker 4: to know the truth and would rather base their decision 258 00:12:38,559 --> 00:12:41,600 Speaker 4: making on some kind of bizarre directling to the supernatural 259 00:12:41,640 --> 00:12:43,400 Speaker 4: that they think they have. And I think that's the 260 00:12:43,440 --> 00:12:44,319 Speaker 4: issue Tom's going to have. 261 00:12:45,280 --> 00:12:46,839 Speaker 2: Well you know that. I guess there's another frog in 262 00:12:46,880 --> 00:12:49,200 Speaker 2: a whole different pot of water right now, Congressman, and 263 00:12:49,200 --> 00:12:51,959 Speaker 2: that would be Patrick McHenry, who I know you've also 264 00:12:52,000 --> 00:12:57,000 Speaker 2: worked with and boys the reluctant speaker in this case. 265 00:12:57,040 --> 00:12:59,080 Speaker 2: I guess the question that everyone keeps asking this, you 266 00:12:59,120 --> 00:13:01,600 Speaker 2: know where I'm going If Tom Emmer can't close the deal, 267 00:13:01,679 --> 00:13:03,600 Speaker 2: if nobody gets to two seventeen in a couple of 268 00:13:03,600 --> 00:13:06,040 Speaker 2: weeks here and we're looking at a shutdown, will Patrick 269 00:13:06,120 --> 00:13:09,200 Speaker 2: McHenry be empowered partially with the help of Democrats? I 270 00:13:09,200 --> 00:13:11,480 Speaker 2: suspect to actually put a bill out fo. 271 00:13:12,120 --> 00:13:14,960 Speaker 4: Yeah, I mean Patrick, you know, when people came out 272 00:13:15,080 --> 00:13:17,319 Speaker 4: very angry that they were even concerning about some kind 273 00:13:17,320 --> 00:13:19,760 Speaker 4: of what they call the power sharing deal with the Democrats. 274 00:13:19,800 --> 00:13:22,080 Speaker 4: You know, even Patrick, I think you know, laughed pretty 275 00:13:22,160 --> 00:13:24,079 Speaker 4: ruefully when they talked about you know what's going to 276 00:13:24,080 --> 00:13:25,720 Speaker 4: happen to you next? Are you going to be speaker 277 00:13:25,760 --> 00:13:28,120 Speaker 4: when this is all over? You know, I've said that 278 00:13:28,160 --> 00:13:30,080 Speaker 4: the two top people and people have heard me was 279 00:13:30,200 --> 00:13:33,280 Speaker 4: mckenry and Emmer. I still hold it that. I think 280 00:13:33,280 --> 00:13:35,920 Speaker 4: they're the two best choices for the conference. I do 281 00:13:36,000 --> 00:13:37,920 Speaker 4: believe there could be some kind of power broker in 282 00:13:37,960 --> 00:13:40,320 Speaker 4: there are somebody who's been in Congress for a long time, 283 00:13:40,840 --> 00:13:42,880 Speaker 4: like a Morgan Griffith and things like that, that might 284 00:13:42,920 --> 00:13:44,560 Speaker 4: be able to have a chance as sort of a 285 00:13:44,640 --> 00:13:48,520 Speaker 4: caretaker role until twenty twenty four. Which is sad to say, 286 00:13:48,960 --> 00:13:51,200 Speaker 4: but I do believe that mckenry is still the dark 287 00:13:51,240 --> 00:13:53,880 Speaker 4: horse in all of this. I really do. He's an 288 00:13:53,880 --> 00:13:56,920 Speaker 4: effective legislator. He's a chairman of the Financial Services Committee. 289 00:13:57,120 --> 00:14:00,200 Speaker 4: I work with him behind the door. He's incredibly right, 290 00:14:00,200 --> 00:14:03,720 Speaker 4: incredibly intelligent. You know, sometimes I wonder what he's thinking 291 00:14:03,760 --> 00:14:05,280 Speaker 4: with some of the things that he's saying, you know, 292 00:14:05,400 --> 00:14:08,160 Speaker 4: based on trying to ride that lightning with Trump also, 293 00:14:08,240 --> 00:14:10,520 Speaker 4: which is a shame, because I think if you could 294 00:14:10,840 --> 00:14:12,680 Speaker 4: get them off the leash and get them in private 295 00:14:12,720 --> 00:14:14,320 Speaker 4: and get them away from Trump, I think they'd be 296 00:14:14,400 --> 00:14:17,440 Speaker 4: very effective but again, we're in't a party that is 297 00:14:17,480 --> 00:14:19,280 Speaker 4: really beholding the Trump at the end of the day. 298 00:14:20,760 --> 00:14:23,760 Speaker 4: And I still think that I think mckenry is maybe 299 00:14:23,800 --> 00:14:27,720 Speaker 4: the best choice if Emmer doesn't get through. But again, 300 00:14:28,320 --> 00:14:31,520 Speaker 4: you know there's the internal conflicts and battles in the 301 00:14:31,560 --> 00:14:33,880 Speaker 4: conference where mckenry is going to have a tough time. 302 00:14:34,440 --> 00:14:36,360 Speaker 4: I would say with a dozen to fifteen people that 303 00:14:36,480 --> 00:14:39,640 Speaker 4: might be never Patrick also, And I think that's again, 304 00:14:39,680 --> 00:14:41,400 Speaker 4: that's the issue you have, right You're seeing it today 305 00:14:41,400 --> 00:14:44,040 Speaker 4: with Jake Sherman's reporting, and it's not like we haven't 306 00:14:44,080 --> 00:14:46,040 Speaker 4: seen this performance for the last three weeks. 307 00:14:46,160 --> 00:14:49,640 Speaker 2: It's not a surprise, right, Denver Riggelman, What a great conversation. 308 00:14:49,680 --> 00:14:51,160 Speaker 2: I'd like to stay in touch with you here on 309 00:14:51,280 --> 00:14:55,480 Speaker 2: Bloomberg Radio as we figure out the path forward, and 310 00:14:55,840 --> 00:14:58,080 Speaker 2: we'd love to get you back on as soon as 311 00:14:58,080 --> 00:14:59,960 Speaker 2: we can. I'll meet you at the Silver Back Distill 312 00:15:00,240 --> 00:15:03,040 Speaker 2: maybe next time. Maybe that's a deal, Congressman, think about it. 313 00:15:03,280 --> 00:15:06,120 Speaker 2: I'm Joe Matthew in Washington. We assemble the panel next, 314 00:15:06,200 --> 00:15:08,680 Speaker 2: Rick and Jenior on the way in. We have a nominee. 315 00:15:08,680 --> 00:15:10,120 Speaker 2: This is Bloomberg. 316 00:15:11,080 --> 00:15:14,480 Speaker 1: You're listening to the Bloomberg Sound On podcast. Catch the 317 00:15:14,480 --> 00:15:18,400 Speaker 1: program live weekdays at one Eastern on Bloomberg Radio, the 318 00:15:18,440 --> 00:15:21,800 Speaker 1: tune in app, Bloomberg dot Com, and the Bloomberg Business App. 319 00:15:21,920 --> 00:15:24,760 Speaker 1: You can also listen live on Amazon Alexa from our 320 00:15:24,800 --> 00:15:30,760 Speaker 1: flagship New York station. Just say Alexa play Bloomberg eleven thirty. 321 00:15:31,320 --> 00:15:34,120 Speaker 2: So think about all the dysfunction right now in the 322 00:15:34,240 --> 00:15:36,760 Speaker 2: House of Representatives, the fact that we do not have 323 00:15:36,840 --> 00:15:39,880 Speaker 2: a speaker and there still is no real path to 324 00:15:39,960 --> 00:15:42,320 Speaker 2: get one, though we can't tell you if you're just 325 00:15:42,360 --> 00:15:46,800 Speaker 2: showing up today. Republicans have a new nominee. Is Tom Emmer, 326 00:15:46,920 --> 00:15:49,560 Speaker 2: the majority whip. He did get the votes required to 327 00:15:49,640 --> 00:15:52,960 Speaker 2: be called nominee, but he's one hundred short still of 328 00:15:53,000 --> 00:15:56,880 Speaker 2: the two seventeen needed on the floor, and reportedly a 329 00:15:56,920 --> 00:16:00,280 Speaker 2: poll inside the room in that conference meeting today show 330 00:16:00,320 --> 00:16:03,280 Speaker 2: at least twenty six members are prepared to vote against him. 331 00:16:03,320 --> 00:16:06,560 Speaker 2: So this really may not be the answer. So let 332 00:16:06,600 --> 00:16:09,640 Speaker 2: me ask you, with that said a question, how would 333 00:16:09,680 --> 00:16:13,320 Speaker 2: you like this Republican led House to choose the next 334 00:16:13,320 --> 00:16:17,680 Speaker 2: president of the United States. That's what the group Third 335 00:16:17,720 --> 00:16:21,160 Speaker 2: Way is suggesting. We talked to Matt Bennett and Jim 336 00:16:21,200 --> 00:16:26,000 Speaker 2: Castler from Third Way, a Democratic consultancy here in Washington, 337 00:16:26,080 --> 00:16:28,680 Speaker 2: d C. That's been working overtime recently to keep a 338 00:16:28,760 --> 00:16:31,920 Speaker 2: No Labels candidate out of the race for president. Let's 339 00:16:31,960 --> 00:16:34,520 Speaker 2: reassemble our panel to talk more about this. Rick Davis 340 00:16:34,520 --> 00:16:39,040 Speaker 2: and Jeanie Shanzano, Bloomberg Politics contributors. There's new information out 341 00:16:39,040 --> 00:16:42,120 Speaker 2: there that I'm sure you both read about earlier today 342 00:16:42,160 --> 00:16:45,800 Speaker 2: that there is in fact a poll and a strategy 343 00:16:45,920 --> 00:16:50,360 Speaker 2: inside the group No Labels that is far more precise 344 00:16:50,400 --> 00:16:54,280 Speaker 2: than anything that we've heard of yet. Number One, they 345 00:16:54,320 --> 00:16:56,680 Speaker 2: want to field a Republican at the top of the ticket. 346 00:16:56,760 --> 00:16:58,640 Speaker 2: That's not terribly new, although there was a time we 347 00:16:58,640 --> 00:17:02,240 Speaker 2: were talking about Joe Manchin and focus efforts on what 348 00:17:02,280 --> 00:17:05,000 Speaker 2: they call eight likely swing states. I'm not sure about 349 00:17:05,040 --> 00:17:09,200 Speaker 2: all of them, but they will sound familiar. Arizona, Florida, Georgia, Michigan, Nevada, 350 00:17:09,240 --> 00:17:13,920 Speaker 2: North Carolina, Pennsylvania, and Wisconsin. They're polling, says the only 351 00:17:14,000 --> 00:17:16,840 Speaker 2: clear shot for a win for Joe Biden in those 352 00:17:16,880 --> 00:17:20,600 Speaker 2: states would be Pennsylvania, and we could be in a 353 00:17:20,600 --> 00:17:22,560 Speaker 2: world in which the election is tossed to the House. 354 00:17:23,359 --> 00:17:26,680 Speaker 2: Gdi Shanzena. This is the stuff that keeps Democrats up 355 00:17:27,000 --> 00:17:27,440 Speaker 2: at night. 356 00:17:27,480 --> 00:17:28,040 Speaker 1: How about you? 357 00:17:30,040 --> 00:17:33,240 Speaker 5: This is stunning on so many levels. You know, the 358 00:17:33,359 --> 00:17:36,920 Speaker 5: idea that anybody looking at the House today thinks it's 359 00:17:36,960 --> 00:17:41,760 Speaker 5: a good idea to add to that chaos the vote 360 00:17:41,840 --> 00:17:44,480 Speaker 5: for the president of the United States. I mean, you 361 00:17:44,520 --> 00:17:49,720 Speaker 5: talk about people losing trust in our government, losing trust 362 00:17:49,840 --> 00:17:52,879 Speaker 5: and faith in the system. You add to that the 363 00:17:53,000 --> 00:17:56,960 Speaker 5: idea that the twenty twenty four election is resolved not 364 00:17:57,119 --> 00:18:00,840 Speaker 5: at the ballot box directly or indirectly with the Elletoral College, 365 00:18:01,160 --> 00:18:05,760 Speaker 5: but in the House of Representatives. Wow. I mean, gosh, 366 00:18:05,920 --> 00:18:09,840 Speaker 5: George Santos is still in the House of Representatives. Arguably 367 00:18:09,880 --> 00:18:12,040 Speaker 5: he wouldn't have you know that as much sway in 368 00:18:12,040 --> 00:18:14,840 Speaker 5: a New York situation, but you know, this is who 369 00:18:14,840 --> 00:18:17,679 Speaker 5: we're going to have choose the president. I don't think so. 370 00:18:18,040 --> 00:18:23,000 Speaker 5: It's stunning. Democrats are very, very frustrated by this, given 371 00:18:23,040 --> 00:18:26,679 Speaker 5: the chaos going going on. They should get behind the 372 00:18:26,800 --> 00:18:31,080 Speaker 5: leading candidate, the incumbent, Joe Biden, and move forward. And 373 00:18:31,160 --> 00:18:34,280 Speaker 5: that's how Democrats feel. But the reality is the poll 374 00:18:34,359 --> 00:18:36,320 Speaker 5: show he has a lot of weaknesses, and this is 375 00:18:36,359 --> 00:18:37,600 Speaker 5: where this is coming from. 376 00:18:38,119 --> 00:18:40,240 Speaker 2: Do you agree with Third Ways view? On this rick 377 00:18:40,280 --> 00:18:43,399 Speaker 2: that a third party no labels candidate would in fact 378 00:18:43,440 --> 00:18:45,919 Speaker 2: not only make this difficult for Joe Biden to win 379 00:18:45,960 --> 00:18:47,720 Speaker 2: the presidency, but might even kick it to the House 380 00:18:47,720 --> 00:18:49,400 Speaker 2: of Representatives. Or is that an extreme view. 381 00:18:51,600 --> 00:18:54,360 Speaker 6: That's a pretty extreme view. I mean, but I think 382 00:18:54,359 --> 00:18:56,399 Speaker 6: it's about the point they're trying to make, which is 383 00:18:56,720 --> 00:19:00,920 Speaker 6: how disruptive to the sort of political system, the normal 384 00:19:00,960 --> 00:19:05,359 Speaker 6: two party system that a that are no labels would 385 00:19:05,440 --> 00:19:07,760 Speaker 6: make if they spent eighty million dollars on a campaign 386 00:19:07,800 --> 00:19:09,919 Speaker 6: for somebody who didn't have to go through any kind 387 00:19:09,960 --> 00:19:13,359 Speaker 6: of nomination process. You know, let's say it's Larry Hogan. 388 00:19:13,440 --> 00:19:15,440 Speaker 6: I mean they I think no label thinks, oh, we're 389 00:19:15,440 --> 00:19:18,160 Speaker 6: gonna put a Republican and that will calm everybody down, 390 00:19:18,840 --> 00:19:22,639 Speaker 6: like we're trying to get Donald Trump elected. The reality 391 00:19:22,720 --> 00:19:26,760 Speaker 6: is Larry Hogan is going to attract independent voters. The 392 00:19:26,800 --> 00:19:29,160 Speaker 6: president of the United States, Joe Biden has to have 393 00:19:29,240 --> 00:19:32,480 Speaker 6: independent voters vote for him if he's going to beat 394 00:19:32,600 --> 00:19:35,160 Speaker 6: Donald Trump. We've seen in the Bloomberg polling in these 395 00:19:35,160 --> 00:19:39,400 Speaker 6: same eighth you know, seven states that that without these 396 00:19:39,400 --> 00:19:41,600 Speaker 6: independent voters who are moving around and are kind of 397 00:19:41,640 --> 00:19:45,959 Speaker 6: grumpy voters, right now that that Donald Trump will win 398 00:19:46,080 --> 00:19:49,719 Speaker 6: because grumpy goes grumpy, right, and if they if Joe 399 00:19:49,760 --> 00:19:51,640 Speaker 6: Biden can make them less grumpy, they'll vote for him. 400 00:19:51,960 --> 00:19:54,280 Speaker 6: But that's how he'll win. He cannot win on his 401 00:19:54,359 --> 00:19:57,480 Speaker 6: base alone. And so if you try to actually appeal 402 00:19:57,520 --> 00:20:00,440 Speaker 6: to independent voters, you will one now I get any 403 00:20:00,480 --> 00:20:05,080 Speaker 6: electoral votes and to throw the election to Donald Trump. 404 00:20:05,600 --> 00:20:08,720 Speaker 6: I think the polling screams that out. And the reality 405 00:20:08,840 --> 00:20:11,680 Speaker 6: is that that Ross pro got nineteen percent of the 406 00:20:11,720 --> 00:20:15,720 Speaker 6: vote in twenty nineteen, nineteen ninety two and did not 407 00:20:15,800 --> 00:20:18,280 Speaker 6: get one single electoral vote. So how are they going 408 00:20:18,359 --> 00:20:20,560 Speaker 6: to do that with thinking that they could get less 409 00:20:20,640 --> 00:20:24,400 Speaker 6: votes than he did and somehow win up electoral votes 410 00:20:24,400 --> 00:20:25,920 Speaker 6: to throw it to the House of Representatives. 411 00:20:26,320 --> 00:20:29,040 Speaker 2: Yeah, you know, it's two weeks ago today. Jeanie Larry 412 00:20:29,080 --> 00:20:31,639 Speaker 2: Hogan himself was here at Bloomberg in Washington. It was 413 00:20:31,680 --> 00:20:35,960 Speaker 2: asked about this but whether he would still consider a 414 00:20:36,080 --> 00:20:40,320 Speaker 2: run for president, just maybe not in the Republican primary. 415 00:20:40,320 --> 00:20:41,040 Speaker 2: Here's what he said. 416 00:20:41,240 --> 00:20:43,600 Speaker 7: If the country is in that bad of shape next spring, 417 00:20:43,640 --> 00:20:45,600 Speaker 7: and those are the two nominees and it looks like 418 00:20:45,640 --> 00:20:48,840 Speaker 7: there's a path, I would have no interest in being 419 00:20:48,840 --> 00:20:51,119 Speaker 7: a spoiler. I don't want to run a race to 420 00:20:51,440 --> 00:20:54,480 Speaker 7: nibble around the edges. If I thought there was a 421 00:20:54,520 --> 00:20:57,720 Speaker 7: path to success to win the race and I just said, 422 00:20:57,720 --> 00:21:00,199 Speaker 7: I wouldn't shut the door. However, I can say or 423 00:21:00,720 --> 00:21:02,879 Speaker 7: I'm still trying to figure that out. But I'm not 424 00:21:02,960 --> 00:21:05,240 Speaker 7: walking away and I'm not willing to give up. 425 00:21:05,320 --> 00:21:07,159 Speaker 2: I'm getting a little bit confused, though, Genie. If this 426 00:21:07,240 --> 00:21:10,200 Speaker 2: is not an actual national candidacy that they have in mind, 427 00:21:10,240 --> 00:21:12,280 Speaker 2: and we've been told that no labels would run a 428 00:21:12,320 --> 00:21:15,320 Speaker 2: candidate after Super Tuesday, If in fact Joe Biden and 429 00:21:15,359 --> 00:21:17,960 Speaker 2: Donald Trump are the two nominees, and it's sure looking 430 00:21:18,080 --> 00:21:21,119 Speaker 2: like it, how do you not be a spoiler if 431 00:21:21,160 --> 00:21:23,400 Speaker 2: you're only going after these eight states? 432 00:21:24,640 --> 00:21:27,360 Speaker 5: Yeah, I mean, you know, they would be labeled they 433 00:21:27,400 --> 00:21:30,920 Speaker 5: would be a spoiler. You know. I think it's important 434 00:21:30,960 --> 00:21:33,600 Speaker 5: to say why this is happening, and the reason it's 435 00:21:33,680 --> 00:21:37,400 Speaker 5: happening is because the Democrats and Republicans are putting up 436 00:21:37,480 --> 00:21:41,520 Speaker 5: candidates that seven out of ten Americans say clearly they 437 00:21:41,640 --> 00:21:44,040 Speaker 5: do not want to be on the top of their tickets. 438 00:21:44,359 --> 00:21:48,159 Speaker 5: People are very disenchanted by both of these candidates. Now 439 00:21:48,359 --> 00:21:51,160 Speaker 5: for Democrats, you know, it's the lesser of two evils 440 00:21:51,440 --> 00:21:54,720 Speaker 5: is Joe Biden, and I'm sure vice versa for some Republicans, 441 00:21:54,720 --> 00:21:57,680 Speaker 5: although not moderates, would be Donald Trump. But these are 442 00:21:57,680 --> 00:22:02,119 Speaker 5: two very unpopular candidates and it is a real shame 443 00:22:02,359 --> 00:22:05,240 Speaker 5: because it is sort of a race to the bottom 444 00:22:05,280 --> 00:22:08,320 Speaker 5: at this point, and any of these third party candidates 445 00:22:08,400 --> 00:22:12,359 Speaker 5: are going to be spoilers. To Rick's point, it is 446 00:22:12,760 --> 00:22:16,960 Speaker 5: really difficult to imagine them getting less of a percentage 447 00:22:17,000 --> 00:22:20,840 Speaker 5: of the vote and more electoral votes than ros Piro got, 448 00:22:20,880 --> 00:22:24,159 Speaker 5: which was a big, fat zero. So the reality is 449 00:22:24,240 --> 00:22:27,520 Speaker 5: you'd be better off working within the system, within the 450 00:22:27,560 --> 00:22:30,800 Speaker 5: party structure to get better candidates on the top of 451 00:22:30,840 --> 00:22:33,800 Speaker 5: the ballot. And if that can't happen, and it is 452 00:22:33,840 --> 00:22:37,320 Speaker 5: getting late early now, we are stuck with these candidates, 453 00:22:37,400 --> 00:22:41,720 Speaker 5: and so it is going to be a real issue 454 00:22:41,840 --> 00:22:44,280 Speaker 5: in which Joe Biden is going to be making the 455 00:22:44,400 --> 00:22:47,040 Speaker 5: case that I am old, but I'm still up to 456 00:22:47,119 --> 00:22:49,959 Speaker 5: the job. And this guy is crazy. And now the 457 00:22:50,000 --> 00:22:54,880 Speaker 5: fourth attorney today who represented him is pleading guilty in Georgia, 458 00:22:55,280 --> 00:22:57,480 Speaker 5: and this is your choice, America. No, by the way, 459 00:22:57,520 --> 00:22:59,520 Speaker 5: he was you know, he has been found guilty of 460 00:22:59,600 --> 00:23:02,040 Speaker 5: rape New York. This is going to be the race 461 00:23:02,080 --> 00:23:02,720 Speaker 5: we're looking at. 462 00:23:05,240 --> 00:23:08,840 Speaker 2: I want to go back to bed Rick Davis, Genie Shanzano. 463 00:23:08,920 --> 00:23:09,720 Speaker 2: This is Bloomberg. 464 00:23:11,720 --> 00:23:15,200 Speaker 1: You're listening to the Bloomberg Sound On podcast. Catch us 465 00:23:15,240 --> 00:23:18,399 Speaker 1: live weekdays at one Eastern on Bloomberg dot Com, the 466 00:23:18,480 --> 00:23:21,520 Speaker 1: iHeartRadio app and the Bloomberg Business App, or listen on 467 00:23:21,640 --> 00:23:23,640 Speaker 1: demand wherever you get your podcasts. 468 00:23:25,119 --> 00:23:30,240 Speaker 2: House Republicans choose another nominee, Tom Emmer, the majority whip, 469 00:23:30,280 --> 00:23:32,879 Speaker 2: gets his turn. The question is can he get the 470 00:23:32,960 --> 00:23:36,280 Speaker 2: votes on the floor and when will that floor vote happen. 471 00:23:36,320 --> 00:23:38,840 Speaker 2: Welcome to our two of Sound On. I'm Joe Matthew 472 00:23:38,920 --> 00:23:43,720 Speaker 2: in Washington, joined by Kayley Lines and a conversation ahead 473 00:23:43,720 --> 00:23:47,280 Speaker 2: with Congressman Sean Caston, the Democrat from Illinois, will bring 474 00:23:47,359 --> 00:23:49,639 Speaker 2: us his view from the other side of the isle 475 00:23:49,680 --> 00:23:53,240 Speaker 2: and a House that is not functioning and we're not 476 00:23:53,320 --> 00:23:55,480 Speaker 2: sure exactly when it's going to get back to business. 477 00:23:55,480 --> 00:23:58,080 Speaker 2: We'll talk shut down politics and some other matters with 478 00:23:58,160 --> 00:24:02,840 Speaker 2: Nathan Dean Washington and senior analysts at Bloomberg Intelligence will 479 00:24:02,880 --> 00:24:05,440 Speaker 2: be with us, and we've got news on the strike, 480 00:24:05,520 --> 00:24:09,000 Speaker 2: the UA Doubed strike. David Welch will join Bloomberg's Detroit 481 00:24:09,040 --> 00:24:11,480 Speaker 2: bureau chief, Kaylee, It's great to see you. As we 482 00:24:11,520 --> 00:24:13,760 Speaker 2: get into hour two here, we had breaking news in 483 00:24:13,800 --> 00:24:16,560 Speaker 2: the first hour. Tom Emmer is the man of the hour, 484 00:24:17,080 --> 00:24:19,960 Speaker 2: but as we learned last hour twenty six House Republicans 485 00:24:20,000 --> 00:24:23,360 Speaker 2: will not vote for him, So this is over as 486 00:24:23,400 --> 00:24:24,240 Speaker 2: soon as it begins. 487 00:24:24,480 --> 00:24:26,240 Speaker 8: Well, he's going to do the work right trying to 488 00:24:26,240 --> 00:24:28,200 Speaker 8: get some of those votes to flip, just as Jim 489 00:24:28,280 --> 00:24:31,280 Speaker 8: Jordan did and Steve Scalice did before that they were 490 00:24:31,320 --> 00:24:33,720 Speaker 8: unsuccessful in trying to get to that magic number to 491 00:24:33,720 --> 00:24:35,800 Speaker 8: get the gavel. And it just becomes a question now 492 00:24:35,840 --> 00:24:38,000 Speaker 8: of if all of this effort is going to be 493 00:24:38,080 --> 00:24:40,879 Speaker 8: behind closed doors, if this will be sorted out or 494 00:24:40,880 --> 00:24:43,040 Speaker 8: Tom Emmer will try to sort it out before actually 495 00:24:43,040 --> 00:24:44,240 Speaker 8: bringing it to the House floor. 496 00:24:45,280 --> 00:24:47,360 Speaker 2: And apparently this could go on for a long time 497 00:24:47,400 --> 00:24:49,520 Speaker 2: over inside that ways and means committee room. Although now 498 00:24:49,560 --> 00:24:52,800 Speaker 2: I'm seeing punch bowl reporting. Jake Sherman says, House GOP 499 00:24:52,960 --> 00:24:54,760 Speaker 2: on break until four pm. So I guess we get 500 00:24:54,800 --> 00:24:56,320 Speaker 2: a little launch, a little bit of air. 501 00:24:56,880 --> 00:24:58,639 Speaker 8: Take a breather, collect your thoughts. 502 00:24:58,920 --> 00:25:02,880 Speaker 2: Yeah, I mean this is really something. Kevin McCarthy back 503 00:25:02,920 --> 00:25:06,439 Speaker 2: to Tom Emmer. To your point, though Kevin McCarthy couldn't 504 00:25:06,440 --> 00:25:10,400 Speaker 2: get or keep the job, Steve Scalice couldn't get the votes, 505 00:25:10,440 --> 00:25:13,920 Speaker 2: we know Jim Jordan couldn't. McCarthy says, this is different. 506 00:25:13,960 --> 00:25:16,639 Speaker 2: Here's what he said earlier as Republicans prepared to go 507 00:25:16,720 --> 00:25:18,000 Speaker 2: into the vote. 508 00:25:17,720 --> 00:25:21,639 Speaker 3: Having been the whip getting the tough votes when passing 509 00:25:21,800 --> 00:25:25,880 Speaker 3: HR one, making America Energy Independent, parents Bill of Rights, 510 00:25:26,080 --> 00:25:29,400 Speaker 3: getting the debt ceiling. So he knows the conference well. 511 00:25:30,520 --> 00:25:33,040 Speaker 2: Knows the conference well, does the conference know him well? 512 00:25:33,240 --> 00:25:37,240 Speaker 2: We're hearing oppo research now floating around about DUI's people 513 00:25:37,240 --> 00:25:40,639 Speaker 2: are talking about his support for same sex marriage, and 514 00:25:40,680 --> 00:25:43,840 Speaker 2: there are questions about whether that's coming from, as Rick 515 00:25:43,920 --> 00:25:45,200 Speaker 2: Davis put it, Trump inc. 516 00:25:45,800 --> 00:25:49,080 Speaker 8: Well, this is the real question. Is the perceived leader 517 00:25:49,119 --> 00:25:51,920 Speaker 8: of the Republican Party is Donald Trump? And if he 518 00:25:51,960 --> 00:25:54,440 Speaker 8: and Emmer don't have a good relationship, or if he 519 00:25:54,480 --> 00:25:57,360 Speaker 8: would not like to see Emmer have the gavel, does 520 00:25:57,400 --> 00:25:59,720 Speaker 8: he still have the sway within the Republican Party to 521 00:25:59,760 --> 00:26:01,520 Speaker 8: keep it from him. I think that's a question we're 522 00:26:01,520 --> 00:26:02,920 Speaker 8: all asking at this summer. 523 00:26:03,200 --> 00:26:06,960 Speaker 2: And the role that Republicans might play with Democrats. I 524 00:26:07,000 --> 00:26:08,840 Speaker 2: know that this is not always the most popular. But 525 00:26:08,880 --> 00:26:11,520 Speaker 2: you saw Dean Phillips tweet I did earlier on the 526 00:26:11,600 --> 00:26:14,200 Speaker 2: dysfunction on the House, a national and global security issue. 527 00:26:14,240 --> 00:26:17,240 Speaker 2: He writes, I would sit out the speaker vote if 528 00:26:17,240 --> 00:26:21,119 Speaker 2: Tom Emmer will fund our government at negotiated levels, bring 529 00:26:21,200 --> 00:26:24,119 Speaker 2: Ukraine and Israel aid bills to the floor, commit to 530 00:26:24,200 --> 00:26:26,120 Speaker 2: rules changes that make Congress work for the people. I'm 531 00:26:26,119 --> 00:26:27,600 Speaker 2: not sure what the rules changes would be, if that's 532 00:26:27,600 --> 00:26:30,520 Speaker 2: a motion to vacate or something different. But this is important, 533 00:26:31,440 --> 00:26:33,919 Speaker 2: and I wonder how Sean Caston feels about him. 534 00:26:34,160 --> 00:26:34,720 Speaker 4: I do as well. 535 00:26:34,720 --> 00:26:35,480 Speaker 3: Should we ask him? 536 00:26:35,560 --> 00:26:39,080 Speaker 2: Yeah, Congressman Shawn cast and the Democrat from Illinois sixth 537 00:26:39,440 --> 00:26:44,280 Speaker 2: District with us from the marble rotunda at the Cannon 538 00:26:44,359 --> 00:26:46,800 Speaker 2: House Office Building. Congressman, thanks for being here. Would you 539 00:26:48,000 --> 00:26:52,439 Speaker 2: follow along with this idea of maybe helping Tom Emmer 540 00:26:52,600 --> 00:26:55,880 Speaker 2: become speaker if those points were met? 541 00:26:57,000 --> 00:27:01,040 Speaker 9: Well, look, the first point, Dean Phillips is a good friend. 542 00:27:01,119 --> 00:27:02,680 Speaker 9: The people send us here to vote. They didn't send 543 00:27:02,720 --> 00:27:04,280 Speaker 9: us here to walk off the floor. So I think 544 00:27:04,320 --> 00:27:06,600 Speaker 9: we have to show with our vote, not we have 545 00:27:06,640 --> 00:27:08,639 Speaker 9: to show what we stand for and what we stand against. 546 00:27:09,160 --> 00:27:11,920 Speaker 9: I think the issue that Dean Rays is a good 547 00:27:11,960 --> 00:27:14,919 Speaker 9: issue that if you look at the people want us 548 00:27:14,960 --> 00:27:17,000 Speaker 9: here to be working, which means that the House has 549 00:27:17,040 --> 00:27:18,720 Speaker 9: to have a speaker. The people want us here to 550 00:27:18,760 --> 00:27:21,280 Speaker 9: fund the government, which means that we have to not 551 00:27:21,320 --> 00:27:24,480 Speaker 9: only pass a continuing resolution, but pass a full government 552 00:27:24,480 --> 00:27:27,280 Speaker 9: funding package, as we did in June when we in 553 00:27:27,320 --> 00:27:30,800 Speaker 9: the debt ceiling bill. The people want us here, you know. 554 00:27:30,920 --> 00:27:32,479 Speaker 9: And frankly, whether they want us or not, we have 555 00:27:32,560 --> 00:27:36,480 Speaker 9: to give aid to Ukraine to protect ourself from Russian aggression. 556 00:27:36,600 --> 00:27:38,280 Speaker 9: We have to make sure that Israel gets said, we 557 00:27:38,320 --> 00:27:40,800 Speaker 9: have to make sure that the communitarian assistance gets to Gaza. 558 00:27:41,119 --> 00:27:45,119 Speaker 9: Everything that I just described has We've had tests. This 559 00:27:45,280 --> 00:27:48,600 Speaker 9: session has passed on the floor with three hundred and 560 00:27:48,640 --> 00:27:53,239 Speaker 9: ten to three hundred and fifteen votes, overwhelming almost all 561 00:27:53,280 --> 00:27:55,560 Speaker 9: the Democrats, I think, every Democrat and all those bills 562 00:27:56,080 --> 00:27:59,600 Speaker 9: and a minority of Republicans. And so I think the 563 00:27:59,720 --> 00:28:03,840 Speaker 9: channel we have now is will the Republican Party decide 564 00:28:03,840 --> 00:28:06,400 Speaker 9: to do what the people want and work with Democrats 565 00:28:07,000 --> 00:28:09,920 Speaker 9: or will the Republican Party continue just to fight with themselves. 566 00:28:10,520 --> 00:28:14,240 Speaker 9: And that's really hard. I know, if they're willing to 567 00:28:14,320 --> 00:28:16,480 Speaker 9: do that, Yes, we are here to do the people's work, 568 00:28:16,800 --> 00:28:18,879 Speaker 9: but they have to be willing to actually to commit 569 00:28:18,960 --> 00:28:21,600 Speaker 9: some to some things that have become, you know, anathema 570 00:28:21,640 --> 00:28:22,640 Speaker 9: within their own caucus. 571 00:28:23,800 --> 00:28:26,399 Speaker 8: Well, Congressman, when you say work with Democrats, I wonder 572 00:28:26,400 --> 00:28:28,680 Speaker 8: what that looks like to you if that's a handful 573 00:28:28,720 --> 00:28:31,560 Speaker 8: of Republicans deciding to vote for Hawking Jeffreys, or if 574 00:28:31,560 --> 00:28:34,720 Speaker 8: that's a handful of Democrats deciding, given everything you just said, 575 00:28:35,000 --> 00:28:37,119 Speaker 8: that you're here to vote and there's important work to 576 00:28:37,160 --> 00:28:39,920 Speaker 8: do that some Democrats decide to vote for Tom Ever, 577 00:28:40,000 --> 00:28:42,240 Speaker 8: so that someone has a speaker in the House can operate. 578 00:28:44,280 --> 00:28:46,360 Speaker 9: I think if we make this a personal issue, we're 579 00:28:46,360 --> 00:28:49,280 Speaker 9: misunderstanding what it We're here ten years from now. Ten 580 00:28:49,320 --> 00:28:50,880 Speaker 9: years ago, no one knew who Tom Emmer was, No 581 00:28:50,880 --> 00:28:52,480 Speaker 9: one knew who Shan Catherton was, No onek who Dean 582 00:28:52,480 --> 00:28:55,320 Speaker 9: Phillips was. We are going to be remembered ten years 583 00:28:55,320 --> 00:28:57,920 Speaker 9: from now by did we do what we were sent 584 00:28:57,960 --> 00:28:59,880 Speaker 9: here today? Did we respect this place that we were 585 00:29:00,720 --> 00:29:04,560 Speaker 9: And for us to do that, it's about not not who, 586 00:29:05,280 --> 00:29:07,680 Speaker 9: but will we have a commitment to someone who will 587 00:29:07,680 --> 00:29:10,239 Speaker 9: do all those things I just mentioned. Hakim Jeffries has 588 00:29:10,280 --> 00:29:13,120 Speaker 9: been very clear that he'll do all that there is 589 00:29:13,480 --> 00:29:16,200 Speaker 9: it's hard to find someone in the Republican caucus who 590 00:29:16,200 --> 00:29:18,960 Speaker 9: has been clear that they will do that, because they're 591 00:29:19,240 --> 00:29:21,440 Speaker 9: they're either they either oppose it, you know, opposed aid 592 00:29:21,480 --> 00:29:24,400 Speaker 9: to Ukraine. They have they voted for a thirty percent 593 00:29:24,440 --> 00:29:26,480 Speaker 9: cut in funding to Israel just a few weeks ago, 594 00:29:28,000 --> 00:29:30,000 Speaker 9: or maybe they support it, but they're afraid to say 595 00:29:30,040 --> 00:29:33,600 Speaker 9: that to their caucus. And that's and that's really hard. Again, 596 00:29:33,680 --> 00:29:37,720 Speaker 9: it's not about the individual, it's will you support someone 597 00:29:37,960 --> 00:29:40,719 Speaker 9: who represents your values on the floor and the values 598 00:29:40,760 --> 00:29:43,200 Speaker 9: that the American people haven't sent us here to carry out. 599 00:29:44,520 --> 00:29:46,240 Speaker 2: So how's this going to work? Then, Congressman, are you 600 00:29:46,320 --> 00:29:49,920 Speaker 2: waiting for word from your leader, from Hakim Jeffreys on 601 00:29:49,960 --> 00:29:52,600 Speaker 2: the way Democrats will handle this to either vote to 602 00:29:52,640 --> 00:29:55,440 Speaker 2: support someone like Tom Emmer or stay away to lower 603 00:29:55,440 --> 00:29:58,960 Speaker 2: the threshold. Well, there'll be a big Democratic family meeting 604 00:29:59,440 --> 00:30:00,960 Speaker 2: around this on how to move forward. 605 00:30:02,280 --> 00:30:04,920 Speaker 9: Well, look, we all we all honor our own values 606 00:30:04,920 --> 00:30:07,920 Speaker 9: as in our own impulses. I've been very clear, I'm 607 00:30:07,920 --> 00:30:10,440 Speaker 9: not going to support anybody who voted to overturn the 608 00:30:10,480 --> 00:30:12,920 Speaker 9: last election. And I have a real problem with Tom 609 00:30:12,960 --> 00:30:16,760 Speaker 9: Emmer for asking the Supreme Court to overturn the last election. 610 00:30:16,800 --> 00:30:18,480 Speaker 9: He did vote correctly on the floor, But to me, 611 00:30:19,240 --> 00:30:22,520 Speaker 9: you know, giving democratic power to someone who voted to 612 00:30:22,520 --> 00:30:25,520 Speaker 9: overthrow our democracy as a bridge too far, that's me personally. 613 00:30:25,520 --> 00:30:29,080 Speaker 2: And so that means none of these candidates, well, none 614 00:30:29,120 --> 00:30:31,240 Speaker 2: of these guys at the moment would make the. 615 00:30:31,240 --> 00:30:34,680 Speaker 9: Great No there are, but there are people in the 616 00:30:34,720 --> 00:30:37,400 Speaker 9: Republican caucus who would, you know. I think that one 617 00:30:37,440 --> 00:30:39,840 Speaker 9: of the comments that really struck with me was Garrett Graves, 618 00:30:39,840 --> 00:30:42,160 Speaker 9: a friend of mine across the Aisle, said a week 619 00:30:42,280 --> 00:30:45,160 Speaker 9: or two ago that he thinks the Republicans are going 620 00:30:45,200 --> 00:30:48,000 Speaker 9: to have to hit rock bottom before they are willing 621 00:30:48,080 --> 00:30:50,960 Speaker 9: to reach across the isle and work with Democrats. And 622 00:30:51,200 --> 00:30:53,160 Speaker 9: you know, someone asked me recently what does that mean? 623 00:30:53,200 --> 00:30:54,680 Speaker 9: And I said, you know, I thought we were already there. 624 00:30:54,720 --> 00:30:56,920 Speaker 9: But maybe that means they have to, you know, nominate 625 00:30:56,920 --> 00:31:00,640 Speaker 9: Speaker Santos. I don't know, but we're left speculating what 626 00:31:00,720 --> 00:31:03,479 Speaker 9: is their definition of the bottom before we're actually going 627 00:31:03,520 --> 00:31:04,680 Speaker 9: to agree to work together. 628 00:31:05,800 --> 00:31:07,120 Speaker 2: You may have just put your finger on it. 629 00:31:07,120 --> 00:31:07,840 Speaker 1: What do you think? Killy? 630 00:31:08,080 --> 00:31:11,520 Speaker 8: Well, and I just wonder if rock bottom means November seventeenth, 631 00:31:11,560 --> 00:31:13,479 Speaker 8: then there's no funding of the government and it's shutting 632 00:31:13,480 --> 00:31:16,840 Speaker 8: down because that would literally just seek government. 633 00:31:16,720 --> 00:31:19,600 Speaker 9: Which is a disaster time, you know. And also keep 634 00:31:19,640 --> 00:31:22,360 Speaker 9: in mind, the only reason why we got to this 635 00:31:22,520 --> 00:31:26,040 Speaker 9: point is because back in June we were going to 636 00:31:26,040 --> 00:31:28,160 Speaker 9: default on our debt. We should have just passed a 637 00:31:28,160 --> 00:31:30,800 Speaker 9: clean debt sealing bill that massive disruption to financial markets, 638 00:31:30,840 --> 00:31:33,960 Speaker 9: you know, shouldn't have to happen. But the Republicans insisted 639 00:31:34,000 --> 00:31:36,400 Speaker 9: on tying that debt limit bill to a spending bill, 640 00:31:36,600 --> 00:31:39,360 Speaker 9: and we then passed a spending bill that locked in 641 00:31:39,440 --> 00:31:43,400 Speaker 9: current levels back in June again with three eleven votes. 642 00:31:43,800 --> 00:31:45,680 Speaker 9: So we know there are the votes on the floor 643 00:31:45,720 --> 00:31:47,840 Speaker 9: to do that. But the question is, is there any 644 00:31:47,920 --> 00:31:51,800 Speaker 9: Republican running for speaker who would commit to honoring the 645 00:31:51,840 --> 00:31:55,280 Speaker 9: agreement that McCarthy made with the President, with Schumer, with 646 00:31:55,400 --> 00:31:59,080 Speaker 9: Mitch McConnell, and then to bringing that bill to the floor. 647 00:32:00,240 --> 00:32:01,520 Speaker 9: We didn't have to get to this ways. 648 00:32:02,760 --> 00:32:05,000 Speaker 8: Yeah, in congressman, I feel like this comes full circle 649 00:32:05,040 --> 00:32:09,000 Speaker 8: to what Representative Phillips was alluding to, agreeing to abide 650 00:32:09,040 --> 00:32:12,560 Speaker 8: by what was negotiated along with bringing Israel and Ukraine 651 00:32:12,600 --> 00:32:15,200 Speaker 8: A to the floor and a number of other measures. 652 00:32:15,240 --> 00:32:17,560 Speaker 8: So as we think about the path forward here while 653 00:32:17,600 --> 00:32:20,080 Speaker 8: we wait to see if Tom Emmery even feels confident 654 00:32:20,440 --> 00:32:23,160 Speaker 8: in going to the floor, how long are you and 655 00:32:23,200 --> 00:32:25,600 Speaker 8: the rest of your caucus prepared to wait this out 656 00:32:25,640 --> 00:32:29,640 Speaker 8: before it's actually time for perhaps Democrats to say, all right, 657 00:32:29,720 --> 00:32:31,760 Speaker 8: let's empower Patrick McHenry. 658 00:32:34,080 --> 00:32:37,280 Speaker 9: Ultimately, the majority decides what comes to the floor. We've 659 00:32:37,360 --> 00:32:39,840 Speaker 9: you know, we've had lots of conversations with friends across 660 00:32:39,880 --> 00:32:43,680 Speaker 9: the aisle, quiet constructive conversations. There are a block of 661 00:32:43,720 --> 00:32:48,680 Speaker 9: Republicans who are talking seriously about bringing that proposal forward 662 00:32:48,720 --> 00:32:52,480 Speaker 9: to empower McHenry, And you know, I think a temporary 663 00:32:52,520 --> 00:32:55,880 Speaker 9: empowering of mister McHenry, you know, in some fashion that 664 00:32:56,000 --> 00:32:58,760 Speaker 9: made sure that we at least did those bare minimum things. 665 00:32:59,040 --> 00:33:01,160 Speaker 9: I think there's probably a path for that, you know, 666 00:33:01,320 --> 00:33:04,120 Speaker 9: subject to seeing what the details are to go and 667 00:33:04,120 --> 00:33:07,160 Speaker 9: get it through. But ultimately we need a real speaker. 668 00:33:07,400 --> 00:33:11,200 Speaker 9: We need the Party of Lincoln to be as committed 669 00:33:11,240 --> 00:33:14,360 Speaker 9: to governance and decency and equality under the law and 670 00:33:14,400 --> 00:33:17,400 Speaker 9: democracy and the peaceful transfer of power as the Democratic 671 00:33:17,400 --> 00:33:20,840 Speaker 9: Party is. Those things shouldn't be partisan, and we need 672 00:33:20,880 --> 00:33:22,400 Speaker 9: to see how they get through that to do not 673 00:33:22,480 --> 00:33:24,760 Speaker 9: just the temporary empowering of mister mcenry, if indeed they 674 00:33:24,800 --> 00:33:27,720 Speaker 9: choose to do that, but committee to making government work. 675 00:33:27,720 --> 00:33:29,320 Speaker 9: And you know, we'll stay here. They know how to 676 00:33:29,320 --> 00:33:31,520 Speaker 9: reach us. Our doors are open. We'll continue to have 677 00:33:31,560 --> 00:33:34,400 Speaker 9: those conversations, but we can't fix their caucus. They have 678 00:33:34,440 --> 00:33:35,720 Speaker 9: to figure out how to do that on their own. 679 00:33:37,200 --> 00:33:40,440 Speaker 2: Well, you sound open minded a congressman to a couple 680 00:33:40,440 --> 00:33:43,960 Speaker 2: of different possible scenarios. I wonder, though, if you think 681 00:33:44,520 --> 00:33:48,720 Speaker 2: that this conversation we're having here, the lack of direction 682 00:33:48,840 --> 00:33:52,760 Speaker 2: in the House, makes a government shut down more likely 683 00:33:52,800 --> 00:33:56,240 Speaker 2: on November seventeenth. 684 00:33:56,840 --> 00:34:00,440 Speaker 9: I think we all are afraid of that possibility. You know, 685 00:34:00,480 --> 00:34:03,960 Speaker 9: we knew when you know, when we passed the temporary 686 00:34:04,040 --> 00:34:08,080 Speaker 9: cr just back on September thirtieth, that November seventeenth was 687 00:34:08,120 --> 00:34:11,799 Speaker 9: not that far away. And you know that the House 688 00:34:11,800 --> 00:34:14,200 Speaker 9: Republicans are still to this date not even brought the 689 00:34:14,239 --> 00:34:17,319 Speaker 9: full slate of funding bills together. The ones that they 690 00:34:17,320 --> 00:34:20,759 Speaker 9: have passed have no chance in the Senate. I would 691 00:34:20,800 --> 00:34:22,960 Speaker 9: remind you that in the last term, when the Democrats 692 00:34:22,960 --> 00:34:26,000 Speaker 9: had the same majority, we brought all of our spending 693 00:34:26,040 --> 00:34:29,960 Speaker 9: bills to the floor by the end of July so 694 00:34:30,000 --> 00:34:31,600 Speaker 9: that we could work with the Senate and get it done. 695 00:34:31,640 --> 00:34:34,440 Speaker 9: Many of those spending bills were passed on a bipartisan basis, 696 00:34:34,920 --> 00:34:37,359 Speaker 9: and none of this happened. And so there's there's really 697 00:34:37,400 --> 00:34:39,640 Speaker 9: no excuse for saying we have a small majority, we 698 00:34:39,680 --> 00:34:42,839 Speaker 9: didn't have time. It's really a question of do you 699 00:34:42,880 --> 00:34:45,520 Speaker 9: have do you have a governing majority and the Republican 700 00:34:45,520 --> 00:34:48,320 Speaker 9: Caucus who's willing to bring this forward? And the fear 701 00:34:48,360 --> 00:34:50,120 Speaker 9: I have an answer to your question of will we 702 00:34:50,120 --> 00:34:52,759 Speaker 9: have a shut done by November seventeenth, is that not 703 00:34:52,800 --> 00:34:54,560 Speaker 9: only do I not know if we have a governing 704 00:34:54,600 --> 00:34:56,719 Speaker 9: majority in the Republican Caucus, but I don't know even 705 00:34:56,760 --> 00:34:58,880 Speaker 9: though who was in the leadership with the Republican Caucus 706 00:34:58,960 --> 00:35:02,880 Speaker 9: right now, who could drive that drive that sled forwards. 707 00:35:04,800 --> 00:35:06,840 Speaker 8: Yeah, well that's a question we're all looking for the 708 00:35:06,880 --> 00:35:10,920 Speaker 8: answer to, Congressman, as there is a very real vacuum 709 00:35:11,960 --> 00:35:13,640 Speaker 8: for the time being. And of course it isn't just 710 00:35:13,680 --> 00:35:16,319 Speaker 8: a question of passing those appropriations bills, trying to keep 711 00:35:16,320 --> 00:35:18,319 Speaker 8: the government funded, but also dealing with a more than 712 00:35:18,320 --> 00:35:21,520 Speaker 8: one hundred billion dollars supplemental funding request from the White House, 713 00:35:21,560 --> 00:35:24,600 Speaker 8: you've talked about Ukraine and Israel aid. Do you think 714 00:35:24,640 --> 00:35:27,120 Speaker 8: there is risk though, in trying to bundle all of 715 00:35:27,160 --> 00:35:30,279 Speaker 8: those together, given there are members of the House, and 716 00:35:30,320 --> 00:35:32,319 Speaker 8: a decent number of them who wouldn't like to see 717 00:35:32,320 --> 00:35:36,040 Speaker 8: any more funding going to Ukraine. Should these be addressed separately? 718 00:35:38,040 --> 00:35:39,759 Speaker 9: I don't know that we have. I don't know that 719 00:35:39,760 --> 00:35:44,719 Speaker 9: we have any other alternatives. You know, if we had 720 00:35:44,760 --> 00:35:47,480 Speaker 9: infinite calendar time, maybe we debate all these bills separately. 721 00:35:47,960 --> 00:35:51,040 Speaker 9: But we have spent ninety four percent of the money 722 00:35:51,040 --> 00:35:53,360 Speaker 9: that has already been authorized for Ukraine has been spent. 723 00:35:54,320 --> 00:35:57,239 Speaker 9: If anyone in this Chamber thinks that they would like 724 00:35:57,360 --> 00:36:00,000 Speaker 9: to see Russia get a free pass to take over country, 725 00:36:00,120 --> 00:36:02,719 Speaker 9: is that they don't like that, they are comfortable with 726 00:36:02,760 --> 00:36:05,279 Speaker 9: the message that that sends to China. I'd like them 727 00:36:05,320 --> 00:36:08,040 Speaker 9: to stand up and say that I cannot believe that 728 00:36:08,120 --> 00:36:10,759 Speaker 9: it is partisan to actually stand up to Russia. That 729 00:36:10,840 --> 00:36:14,440 Speaker 9: the Party of Ronald Reagan, my goodness, is more willing 730 00:36:14,480 --> 00:36:16,359 Speaker 9: to do the bidding of Ladimir Putin. But we have 731 00:36:16,400 --> 00:36:19,160 Speaker 9: to get that done. We have to provide aid to Israel. 732 00:36:19,200 --> 00:36:23,120 Speaker 9: There's no question. Given the horrific attacks on October seventh, 733 00:36:23,120 --> 00:36:25,080 Speaker 9: that we have to provide that. And we also, and 734 00:36:25,120 --> 00:36:27,520 Speaker 9: I say this as someone who represents the largest Palestinian 735 00:36:27,560 --> 00:36:30,200 Speaker 9: community in Illinois, we have got to make sure that 736 00:36:30,239 --> 00:36:34,120 Speaker 9: we provide humanitarian assistance to Gaza because the vast majority 737 00:36:34,120 --> 00:36:35,920 Speaker 9: of the people who live in Gaza are not members 738 00:36:35,920 --> 00:36:37,880 Speaker 9: of Hamas, are not terrorists, are caught up in this 739 00:36:38,560 --> 00:36:41,799 Speaker 9: horrible tragedy. And if we look at those things, the 740 00:36:41,840 --> 00:36:44,120 Speaker 9: tragedy in Israel, the tragedy and gods of the tragedy 741 00:36:44,120 --> 00:36:46,000 Speaker 9: in Ukraine, and say, you know what we should prioritize 742 00:36:46,040 --> 00:36:50,520 Speaker 9: here is whether a couple Republicans prefer the interests of 743 00:36:51,040 --> 00:36:55,000 Speaker 9: Putin or terrorist financing over the interests of those folks 744 00:36:55,040 --> 00:36:58,239 Speaker 9: like we don't deserve to call ourselves Americans, much less 745 00:36:58,239 --> 00:37:00,000 Speaker 9: members of Congress. If that's actually what we want. 746 00:36:59,920 --> 00:37:00,319 Speaker 3: To lie for. 747 00:37:01,680 --> 00:37:05,239 Speaker 8: Well, Congressman, let's address that terror's financing point a bit more, 748 00:37:05,239 --> 00:37:07,680 Speaker 8: because you were one of the signatories on a letter 749 00:37:07,719 --> 00:37:09,960 Speaker 8: that was signed by more than one hundred members of 750 00:37:10,000 --> 00:37:12,680 Speaker 8: both the House and the Senate to Treasury and Jake 751 00:37:12,719 --> 00:37:16,719 Speaker 8: Sullivan talking about HAMAS and the financing of terrorist organizations 752 00:37:16,719 --> 00:37:18,960 Speaker 8: through crypto. What exactly is it that you would like 753 00:37:19,000 --> 00:37:21,520 Speaker 8: to see done here, knowing that a lot of terrorism 754 00:37:21,600 --> 00:37:24,360 Speaker 8: and other illicted activity is financed with US dollars. 755 00:37:26,239 --> 00:37:28,160 Speaker 9: Well, first off, and I know you guys probably can't 756 00:37:28,160 --> 00:37:29,560 Speaker 9: say this, but I want to give a huge shout 757 00:37:29,560 --> 00:37:32,240 Speaker 9: out to Bloomberg reporter zek Fox, who's I think written 758 00:37:32,239 --> 00:37:34,360 Speaker 9: one of the best books out there on understanding the 759 00:37:34,400 --> 00:37:38,279 Speaker 9: crypto ecosystem. So I would give a book recommendation here 760 00:37:38,280 --> 00:37:39,399 Speaker 9: for his book. Number go up. 761 00:37:40,040 --> 00:37:43,279 Speaker 2: He's we passed that alone, please do. 762 00:37:43,640 --> 00:37:46,959 Speaker 9: The issue that we have is that based on State 763 00:37:47,000 --> 00:37:49,320 Speaker 9: Department reporting, and this was the State Department in the 764 00:37:49,400 --> 00:37:53,839 Speaker 9: last administration under Mike Pompeo, they reported that Iran had 765 00:37:53,840 --> 00:37:58,439 Speaker 9: provided HAMAS with roughly one hundred million dollars in funding. Now, 766 00:37:58,960 --> 00:38:01,600 Speaker 9: I think we can zoom given Mike Pompeo's sort of 767 00:38:01,640 --> 00:38:03,880 Speaker 9: maximum pressure campaign on Iran, that he was unlikely to 768 00:38:04,000 --> 00:38:06,359 Speaker 9: understate that number. Maybe he overstated it, but let's give 769 00:38:06,400 --> 00:38:07,520 Speaker 9: him the bend of the doubt and say one hundred 770 00:38:07,560 --> 00:38:12,360 Speaker 9: million dollars. Multiple sources Wall Street General Reuters have reported 771 00:38:12,880 --> 00:38:16,160 Speaker 9: that HAMASA has received potentially as much as one hundred 772 00:38:16,160 --> 00:38:20,040 Speaker 9: and thirty five million in addition to that through cryptographic 773 00:38:20,120 --> 00:38:24,040 Speaker 9: networks and taken advantage of the fact that these cryptosystems 774 00:38:24,480 --> 00:38:28,560 Speaker 9: are basically designed to prevent you from seeing where the 775 00:38:28,600 --> 00:38:32,399 Speaker 9: money comes from, and that is a huge problem. We've 776 00:38:32,400 --> 00:38:34,040 Speaker 9: been in touch with the White House, We've been in 777 00:38:34,040 --> 00:38:36,160 Speaker 9: touch with Treasury. We're going to get a classified briefing 778 00:38:36,160 --> 00:38:40,000 Speaker 9: on this later this week, but we are If we 779 00:38:40,040 --> 00:38:43,760 Speaker 9: are calling out, as we should, Iran's role in financing 780 00:38:43,840 --> 00:38:47,040 Speaker 9: terrorism around the world, we should be calling out the 781 00:38:47,040 --> 00:38:49,719 Speaker 9: crypto industry even louder because they appear to be a 782 00:38:49,800 --> 00:38:52,160 Speaker 9: larger source of this funding. And I do want to 783 00:38:52,200 --> 00:38:54,680 Speaker 9: point out that letter that we sent, which as he 784 00:38:54,719 --> 00:38:57,680 Speaker 9: pointed out, had over one hundred members, was bipartisan in 785 00:38:57,719 --> 00:39:01,080 Speaker 9: the Senate. Lindsey Graham, Roger Marshall We're both on it, 786 00:39:01,120 --> 00:39:03,360 Speaker 9: and Gus Kane as an independent, was on it. In 787 00:39:03,440 --> 00:39:06,680 Speaker 9: the House, it was strictly Democratic support on that in 788 00:39:06,680 --> 00:39:09,080 Speaker 9: spite of us reaching out. And a big part of 789 00:39:09,120 --> 00:39:12,520 Speaker 9: that reason is because Tom Emmer, who we were mentioning before, 790 00:39:13,120 --> 00:39:16,280 Speaker 9: actually introduced and passed a bill through the Financial Services 791 00:39:16,280 --> 00:39:21,880 Speaker 9: Committee to prevent our financial regulators from going after money 792 00:39:21,880 --> 00:39:24,920 Speaker 9: transfers if they are done in cryptographic networks. Warren Davidson 793 00:39:24,920 --> 00:39:26,920 Speaker 9: has passed a similar bill to make it easier to 794 00:39:27,040 --> 00:39:30,759 Speaker 9: traffic money through cryptographic networks, and Patrick McHenry, Speaker pro 795 00:39:30,800 --> 00:39:33,759 Speaker 9: tem chair of the Financial Services Committee, has also supported that. 796 00:39:33,800 --> 00:39:34,120 Speaker 1: And so. 797 00:39:35,640 --> 00:39:38,160 Speaker 9: We've had a real problem getting Republican support in the 798 00:39:38,239 --> 00:39:41,799 Speaker 9: House for something that seems really easy. Let's not use 799 00:39:41,880 --> 00:39:46,960 Speaker 9: financial networks to send money to terrorists, and I'm proud 800 00:39:46,960 --> 00:39:49,120 Speaker 9: that we got one hundred members on that. I think 801 00:39:49,120 --> 00:39:51,200 Speaker 9: the White House has a lot of tools at their disposal. 802 00:39:51,280 --> 00:39:53,319 Speaker 9: I am eager to hear from them later this week 803 00:39:53,360 --> 00:39:55,880 Speaker 9: on what tools they are using, not just at the Treasury, 804 00:39:55,920 --> 00:39:58,600 Speaker 9: but also in our international partners as well, who all 805 00:39:58,600 --> 00:40:00,120 Speaker 9: have a role to play. 806 00:40:00,520 --> 00:40:02,400 Speaker 2: It's good to see you, Congressman. Thanks for spending some 807 00:40:02,440 --> 00:40:05,400 Speaker 2: time with us today. Congressman Sean Caston, Democrat from Illinois 808 00:40:05,440 --> 00:40:08,799 Speaker 2: with US Live from Capitol Hill and Kaylie, We've got 809 00:40:08,840 --> 00:40:11,040 Speaker 2: a good sense now of what's happening in Donald Trump's 810 00:40:11,040 --> 00:40:14,240 Speaker 2: mind today with this Tom Emmer Yeah nomination. 811 00:40:14,239 --> 00:40:16,800 Speaker 8: To vote for it new post on true Social I 812 00:40:16,840 --> 00:40:19,320 Speaker 8: have many wonderful friends wanting to be Speaker of the House. 813 00:40:19,320 --> 00:40:22,720 Speaker 8: Some of them are truly great warriors, Rhino Tom Emmer, 814 00:40:22,760 --> 00:40:25,160 Speaker 8: who I do not know well is not one of them. 815 00:40:25,280 --> 00:40:28,279 Speaker 8: Voting for a globalist rhino like Tom Emmer would be 816 00:40:28,280 --> 00:40:29,480 Speaker 8: a tragic mistake. 817 00:40:29,920 --> 00:40:34,000 Speaker 2: Globalist rhino. So who is Matt Gates calling today? I'm 818 00:40:34,040 --> 00:40:38,400 Speaker 2: getting confused. Thanks for listening to the Sound On podcast. 819 00:40:38,440 --> 00:40:41,560 Speaker 2: Make sure to subscribe if you haven't already, at Apple, Spotify, 820 00:40:41,640 --> 00:40:44,080 Speaker 2: and anywhere else you get your podcasts. And you can 821 00:40:44,080 --> 00:40:47,080 Speaker 2: find us live every weekday from Washington, DC at one 822 00:40:47,120 --> 00:40:51,600 Speaker 2: pm Eastern Time at bloombird dot com