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Speaker 1: Why from our nations this budget thing is going to

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Speaker 1: do nothing space forces. I still think it's interesting President

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Speaker 1: Trump not playing his cards yet headlines Policy and Politics

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Speaker 1: colliding to sound on with Kevin's relate the insiders, the influencers,

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Speaker 1: the insiders. I would rather see a congressional solution. It's

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Speaker 1: part of my DNA. The Senate map in looks a

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Speaker 1: lot different than it looked in teams. You really have

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Speaker 1: a divide within Team Trump. The president has to do

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Speaker 1: exactly what people seven here to do, which is to

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Speaker 1: get it done. He's sound on with Kevin's. He related

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Speaker 1: on Bloomberg one and one seven F M h D

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Speaker 1: two Boltimore, Holy guacamole. The price of avocados couldn't be

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Speaker 1: going up thanks to the tariff for between President Trump.

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Speaker 1: President Trump barreling into unchartered territory with tariffs as a weapon.

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Speaker 1: What does it mean for U s m c A

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Speaker 1: for immigration, immigration negotiations, and of course the ongoing saga

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Speaker 1: following the US China trade talk. We have an all

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Speaker 1: star panel politics Policy. It's jampacked. Happy Friday. We made it.

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Speaker 1: Never thought it would come. It was a short week,

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Speaker 1: but it felt like a long one. Didn't it feel long?

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Speaker 1: We have an all star panel. Sarah McGregor, Bloomberg News

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Speaker 1: US Economic Policy Team Leader. Eric Wasson, Bloomberg News Congressional reporter.

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Speaker 1: Every time he's here, something happens. David Livingston, Deputy Director

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Speaker 1: of Climate and Advanced Energy at the Atlantic Council. Have

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Speaker 1: you heard of the Atlantic Council? Has anybody heard of

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Speaker 1: the Atlantic Council. It's the fastest growing think tank in Washington,

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Speaker 1: d C. He's a former staffer at USTR and the

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Speaker 1: World Trade Organization. And we're talking politics with President Trump's

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Speaker 1: twenty presidential campaign senior advisor, Kimberly Gilfoyle. She calls in

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Speaker 1: later on this hour. You don't want to miss that.

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Speaker 1: I'm Kevin Cirelli, Chief Washington correspondent from Bloomberg TV and Radio.

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Speaker 1: And buckle up, folks, Buckle up if you're on your

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Speaker 1: ride home from work, because it's Friday. But we're not

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Speaker 1: there yet, We're not to the weekend yet. It's insight.

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Speaker 1: But it was a busy, busy day. US stocks extending

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Speaker 1: a weekly loss to the worst since Christmas in the

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Speaker 1: SMP five, also capping its worst month of the year,

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Speaker 1: bringing the May decline past six point five. This, of course,

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Speaker 1: as President Trump threatening to place escalating tariffs on Mexico. Look,

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Speaker 1: I'm an optimist, but it doesn't mean I can't deliver

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Speaker 1: the news as it happens. We are here with an

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Speaker 1: all star panel joining us. Sarah McGregor, Bloomberg News, US

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Speaker 1: Economic Policy team leaders here, Eric Watson, Bloomberg News, congressional reporter.

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Speaker 1: There in recess, but the news has not stopped from

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Speaker 1: a congressional front. And David Livingston making his return to

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Speaker 1: sound On. He is the Deputy Director of Climate and

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Speaker 1: Advanced Energy at the Atlantic Council. He's a former staffer

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Speaker 1: it U, s TR and the World Trade Organization. So

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Speaker 1: perfect mending me mind meld, a perfect mind meld to

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Speaker 1: bring us through avocado tariffs. All right, Sarah McGregor, I'm

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Speaker 1: gonna start with you, what is going on with the

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Speaker 1: terrorists today? And is a good question. Obviously, Try took

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Speaker 1: everyone by surprise when he tweeted out yesterday that he

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Speaker 1: was planning to put these five percent tariffs on every

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Speaker 1: single important good coming in from Mexico on June tenth. Um.

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Speaker 1: You know, I think it raised a lot of questions

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Speaker 1: because basically earlier in the day, the US had forwarded,

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Speaker 1: you know, it was a procedural step, but it had

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Speaker 1: kind of moved forward with getting this U S m

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Speaker 1: c A, the napt TO two point oh deal through Congress,

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Speaker 1: and you know, they look pretty intent on sort of

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Speaker 1: shoring up the good will. We had Mike Pence and

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Speaker 1: Canada meeting Justin Trudeau and that it almost looked like

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Speaker 1: it was on a on a track, you know, for

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Speaker 1: potential approval, and then bam, you know, Trump says, I'm

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Speaker 1: going to put tariffs in place. So the Vice President

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Speaker 1: Eric was up in Ottawa yesterday. We talked about this yesterday.

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Speaker 1: But I mean, it was a pretty nice meeting between

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Speaker 1: Canadian Prime Minister Justin Trudeau meeting with Mike Pence, and

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Speaker 1: essentially Pence says he all but guarantees that U S

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Speaker 1: the NAPA two point oh dealing with Mexico as well

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Speaker 1: as Canada. Then you get this tweet, and I want

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Speaker 1: to play for you. Mick mulvaney, the President's chief of staff,

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Speaker 1: had to say earlier today about the President's decision to

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Speaker 1: increase tariffs on June tenth, on a host of different

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Speaker 1: Mexican goods like avocados, should they not cave on immigration.

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Speaker 1: Take a listen. The President will defend the nation. He

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Speaker 1: will defend the southern border. If that means taking the tariffs,

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Speaker 1: that means taking We hope, sincerely hope it does not

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Speaker 1: come to that. They hope it doesn't come to that. Eric,

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Speaker 1: But I mean the conflating of immigration and U S.

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Speaker 1: M c A. Why now, Well, I think my big

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Speaker 1: takeaway from yesterday was the divisions within the administration. You know,

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Speaker 1: you saw first of Sarah's mentioning the starting of the

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Speaker 1: process of trying to get Nancy Pelosi and House Democrats

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Speaker 1: to approve. And after two point oh, there's a lot

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Speaker 1: of division there, with Mike pens really leading the charge

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Speaker 1: to try to jam Nancy Pelosi, force her hand, force

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Speaker 1: Conress to take this up with the USCR. Bob Lightheiser's

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Speaker 1: having a more GHO slow approach, and then suddenly Trump

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Speaker 1: really linking tariffs and immigration, sort of taking his staff

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Speaker 1: by surprise. This is not the way policies are traditionally

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Speaker 1: rolled out, with late night or early evening tweets, with

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Speaker 1: reasons why this is happening. I think that's why we're

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Speaker 1: seeing a lot of market reaction here, and Democrats are

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Speaker 1: seizing on that. They're saying that this is really uh

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Speaker 1: an erratic administration which is sending mixed signals on how

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Speaker 1: it wants to handle. You've got to go back to

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Speaker 1: Woodrow Wilson. I feel like Tom Keene. I mean, Tom

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Speaker 1: Keene has a big show, but I'm gonna bring up

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Speaker 1: Woodrow Wilson in order to go back. You've got to

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Speaker 1: know about something called the International Emergency Economic Powers Act,

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Speaker 1: the International Emergency Economic Powers Act, or the i e

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Speaker 1: e p A, that would allow the President of the

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Speaker 1: United States to bypass Congress to investigate, regulate, or prohibit

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Speaker 1: everything from foreign exchange transactions to transfers and credit, as

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Speaker 1: well as to freeze assets. I e e p A.

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Speaker 1: You gotta go back to the Woodrow Wilson administration that

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Speaker 1: trace back to the First World War. Smart guy David Livingston,

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Speaker 1: he knows a thing or two about trade and these

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Speaker 1: laws and whatnot. There's debate about whether or not the

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Speaker 1: president has authority to do this under i e e

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Speaker 1: p A, but take us into the weeds, not a critique.

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Speaker 1: I take it you disagree with what the president is doing,

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Speaker 1: but take not into a critique, but take us into

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Speaker 1: the policy implications and the nuances here of what's actually

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Speaker 1: being discussed. Right, So, the the I e p A,

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Speaker 1: as you laid out, UM, is traditionally the vehicle used

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Speaker 1: for the imposition of sanctions for example, right you typically

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Speaker 1: have uh uh that used for you know, as the

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Speaker 1: as the the underlying authority behind an executive order that

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Speaker 1: it then imposes sanctions. It's it's far less common for

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Speaker 1: it to be used for tariffs on like this. So

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Speaker 1: what's an example of when it would be used normally?

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Speaker 1: An interesting example actually is the is the E e

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Speaker 1: p A is behind the longest running it has has

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Speaker 1: muscle behind the longest running national emergency going on the

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Speaker 1: United States right now, which actually dates back to dates

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Speaker 1: back to the Iran hostage situation, um and is still

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Speaker 1: in place today and and and has relevance for the

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Speaker 1: you know, for the basis of the U S and

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Speaker 1: position of sanctions on Iran as well. UM. Here it's

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Speaker 1: likely to be challenged. UM. But the if you look

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Speaker 1: at if you look at everything, uh if you look

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Speaker 1: at the way that it's been used by presidents in

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Speaker 1: the past, there's pretty broad authority. And so I think

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Speaker 1: that if the president, you know, is challenged on on

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Speaker 1: his authority to use it in this way, it's likely

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Speaker 1: to hold up. What's What's what's more likely to happen

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Speaker 1: that that might constrain him, is this might incite Congress,

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Speaker 1: including some Republican members like Chuck Grassley. You've already started

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Speaker 1: to see some comments today on the Hill. It might

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Speaker 1: um instigate Congress to to reconsider, uh, some sort of

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Speaker 1: circumscription of the of the president's broad authority to to

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Speaker 1: impose terrorists. Yeah, And I think that what's interesting that's

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Speaker 1: coming out of Congress is like that that they're showing

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Speaker 1: right now that they don't necessarily back Trump's idea that

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Speaker 1: economic security national security are linked at any cost. And

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Speaker 1: you know, there's there's some Congress people who are saying, well,

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Speaker 1: you know, we we stand by a tighter immigration policy

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Speaker 1: and trying to deal with these border issues, but we

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Speaker 1: don't believe tariffs are the way to do it. And

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Speaker 1: I think, you know, they sort of think it's a

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Speaker 1: misuse of Trump's authority. So it'll be interesting how this

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Speaker 1: plays out and sort of the legal challenges that will

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Speaker 1: come from it, and also the ways that Congress might

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Speaker 1: try and re up their efforts to reign in Trump's

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Speaker 1: tariff powers. The key person who looked in all of

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Speaker 1: this is Mitch McConnell, the Senate Majority leader. Um, you know,

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Speaker 1: we have the same people who are objecting to the

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Speaker 1: use of AIPA that we saw objecting the use of

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Speaker 1: emergency powers to impose steel and aluminum tariffs. Yeah, we're

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Speaker 1: getting no. I I call it to IPA. Go ahead

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Speaker 1: and make sure people gotta remember so we see Pat too, me,

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Speaker 1: you know, Club for Growth style Republican coming out. He

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Speaker 1: already has legislation to limit presidential powers to impose emergency tariffs.

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Speaker 1: Perhaps that gets expanded to include IPA, But again, is

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Speaker 1: that going to expand beyond this core group of people

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Speaker 1: like Chuck Grassley and Pat to me to become a

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Speaker 1: Mitch McConnell project. I think we really have to see

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Speaker 1: how this plays out. Tariffs, if that's what gets up

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Speaker 1: to in October, is a huge hit to the You

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Speaker 1: know what I think. I think when you talk to

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Speaker 1: some people behind the scenes, they say, hey, keV just

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Speaker 1: between us. They're trying to royal things up to put

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Speaker 1: some pressure on the Democrats to get U s m

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Speaker 1: they know that if they just take the ruck, sweep

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Speaker 1: the rug out from everybody, get everybody, stir the pot

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Speaker 1: a little bit, stir the pot, that they'll be able

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Speaker 1: to put some pressure on to get U s m

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Speaker 1: c A. It's a gamble whether or not a pays

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Speaker 1: awful note, is anybody grilling this weekend? Charcoal? Charcoal impacted

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Speaker 1: by tariffs as well? Panel stays. I'm Kevin Cirelli. You

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Speaker 1: can download the sound on podcas Asked on Apple iTunes,

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Speaker 1: at Bloomberg dot com, or by downloading the Bloomberg Business app.

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Speaker 1: You can also find us on Radio dot com, I

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Speaker 1: Heart Radio, and Spotify. We're talking AIPA plus presidential election.

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Speaker 1: Kimberly Gilfoyle calls in later on coming Up. I'm Kevin Cirelli.

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Speaker 1: You're listening to Bloomberg. This is Sound on with Kevin

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Speaker 1: Cyrilling on Bloomberg one and one oh five point seven

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Speaker 1: f m h D two Boltemore, Happy front at folks.

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Speaker 1: If you're making guacamole, this weekend. Better get those avocados,

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Speaker 1: because tariffs, tariffs, tariffs. President Trump threatening to raise tariffs

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Speaker 1: by against a host of different Mexican goods. I'm Kevin Cirelli,

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Speaker 1: Chief Washington correspondent for Bloomberg Television and Radio. I'm joined

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Speaker 1: for the hour by Eric Wasson, Bloomberg News, Congressional reporter.

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Speaker 1: There in recess, Eric never stops working. And David Livingston,

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Speaker 1: Deputy Direct Act of Climate and Advanced Energy at the

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Speaker 1: Atlantic Council. He's a former staffer at the US Trade

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Speaker 1: Representatives Office. Eric and the break told me, I'm not

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Speaker 1: sure if people know what US t R, I said

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Speaker 1: the sound non listeners know what U S t R

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Speaker 1: stands for the US Trade Representatives Office, and he has

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Speaker 1: also worked at the World Trade Organization. We're talking about AIPA,

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Speaker 1: the International Economic Emergency Powers Act AIPA, which the President

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Speaker 1: is is using in order to raise these tariffs. Here's

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Speaker 1: what Kelly and Conway, special counselor to President Trump, had

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Speaker 1: to say about it earlier today on the White House

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Speaker 1: Terriffs are a good way to get a trading partner's attention.

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Speaker 1: Apparently the President did so. He also got Republicans attention, Eric.

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Speaker 1: Many Republicans don't like tariffs. We've talked about that, We've

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Speaker 1: had them on the show, We've had them on Bloomberg TV.

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Speaker 1: So you know, is is this a possibility that the

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Speaker 1: President is trying to get some pressure on Congress to

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Speaker 1: deal with the U S m c A or not

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Speaker 1: the two point? Oh? Well, I think actually this would

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Speaker 1: have a We've heard this from Colin Peterson, who's the

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Speaker 1: chairman of the House Higher Culture Committee today. This would

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Speaker 1: probably have a negative effect on getting that getting that through.

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Speaker 1: I mean, first of all, there is the question about

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Speaker 1: whether Mexico Senate, UH and Congress would actually approve this.

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Speaker 1: Why would they approve something that may not be worth

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Speaker 1: the paper it's written on. And if Mexico and Canada

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Speaker 1: don't approve this, there's really no pressure on Nancy Pelosi

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Speaker 1: to bring it up. So I think that raises a

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Speaker 1: real question about that. But we saw a lot of reaction,

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Speaker 1: especially from Johnie Ernst and Chuck Grassley about this because

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Speaker 1: a key part of all this is we're gonna be

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Speaker 1: imposing tariffs on Mexican exports to the US, but Mexico

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Speaker 1: will surely retaliate UH, and they'll retaliate on places like Iowa,

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Speaker 1: which is a number one pork exporter. Pork is a

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Speaker 1: big import into Mexico. We're also talking about potatoes. We're

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Speaker 1: talking about a lot of products that hit UH cheese,

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Speaker 1: especially Wisconsin, California, Maine. We're gonna see as those retaliations

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Speaker 1: roll in UH potential defections from other Republicans to see

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Speaker 1: this about Senator Johnie Ernest, Republican from Iowa. Former UN

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Speaker 1: Ambassador Nicky Haley is gonna key note Joie earns roast

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Speaker 1: and ride later this summer. Senator Earnst is going to

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Speaker 1: be on the program on Monday. David, you're listening to this,

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Speaker 1: I see what what are you making of of the

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Speaker 1: congressional fallout. I was just going to point out there's

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Speaker 1: a there's another kind of political dimension of this too,

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Speaker 1: which is energy prices. So even though we've been you know,

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Speaker 1: everyone wants to talk about avocados, and even though you

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Speaker 1: might not put crude oil on your toast or in

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Speaker 1: your taco, it's still at a very important part of

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Speaker 1: the U. S economy, and in fact, Mexico accounts for

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Speaker 1: about ten percent of US crude oil exports. We're gonna

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Speaker 1: start slapping tariffs then on if we're slapping them on

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Speaker 1: all Mexican products, that includes crude oil, which we import

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Speaker 1: from Mexico. And I think I saw in Bloomberg itself

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Speaker 1: today that that's about a five percent tariff will increase

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Speaker 1: the cost per barrel of Mexican heavy crude Myan crude

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Speaker 1: by about three dollars per barrel. That's a really important

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Speaker 1: input to our own refineries here in the United States,

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Speaker 1: particularly with so much Venezuelan production offline. Those numbers available

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Speaker 1: on the Bloomberg terminal, you've got those numbers right I've

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Speaker 1: got my Bloomberg terminal open right now. But I want

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Speaker 1: to ask you, I want to press you on this

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Speaker 1: a little bit further. Manufacturers aren't kind of like this.

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Speaker 1: I mean the amount of commerce that daily comes through here.

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Speaker 1: That's what I find so interesting is that he's President

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Speaker 1: Trump in the White House, agree with him or not.

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Speaker 1: Are are lumping trade and immigration here and the manufacturers

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Speaker 1: and commodities and energy sectors and whatnot. I mean the

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Speaker 1: trade that literally, the daily trade and the trucking industry

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Speaker 1: that goes along and by rail and be a trucking

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Speaker 1: industry on the US Mexico border, they're directly gonna be

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Speaker 1: gonna be taken. And the US Chamir of Commerce had

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Speaker 1: a good study out today that said Texas will take

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Speaker 1: the biggest hit obviously it's a border, but that Michigan

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Speaker 1: is right up there as well. I mean, the internal

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Speaker 1: supply chains within the auto industry are very heavily affected

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Speaker 1: by this. We saw GM stock batter today. I mean,

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Speaker 1: Trump in his tweets talks about the potential benefit long

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Speaker 1: term to the auto industry moving back to the U

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Speaker 1: S which seems to be a real fixation of his,

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Speaker 1: but at least in the short term, it's going to

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Speaker 1: really affect the auto the auto companies. And we often

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Speaker 1: talk about auto trades if it's the nineteen you know,

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Speaker 1: the fifties and the nineteen sixties. The fact is, the

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Speaker 1: average vehicle that's coming off the line today has thirty

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Speaker 1: plus parts in it. And if you look at take,

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Speaker 1: for example, let's say a Honda c RV right there,

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Speaker 1: you have a Japanese vehicle. Let's say that it's finished

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Speaker 1: in Mexico, so it's quote unquote produced in Mexico. Well,

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Speaker 1: the average han to CRV has more than six American

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Speaker 1: content in it. What about scooters electric scooters? Yeah, I've

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Speaker 1: been riding them recently. We saw that. I think I

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Speaker 1: saw that you're well known scooter bro. You know, wow,

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Speaker 1: I don't I think I should. I think I should

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Speaker 1: pay it back to trade before Christine sends me a

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Speaker 1: message our executive producer and tells me to stay on topic.

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Speaker 1: I'm gonna stay on topic, t G. I have focus keV.

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Speaker 1: All Right, So, in terms of the congressional fallout, where

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Speaker 1: does it go from here? And when they when they

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Speaker 1: get back on Monday, Eric, I mean, what what's the

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Speaker 1: immediate immediate next steps that Republicans are gonna have to take? Well,

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Speaker 1: you know, there's actually so many different problems going on

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Speaker 1: in Congress right now. We've seen during this recess a

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Speaker 1: big problem about passing a disaster aid even though there's

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Speaker 1: been tornadoes and flood's going out in the Midwest. Uh,

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Speaker 1: Congress is yet to finally pass this nineteen billion dollar

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Speaker 1: disaster AD package that the Democrats tried to put it through.

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Speaker 1: But each day or every other day, a publicans showed

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Speaker 1: up to block that. So the first order Business're gonna

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Speaker 1: try to deal with that, we have, you know, again

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Speaker 1: trying to figure out what's gonna go on with trade.

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Speaker 1: I think what is the next step for the next

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Speaker 1: step is that Mexico is going to meet with Mexican

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Speaker 1: fore minsters, gonna meet with Pompeo on Wednesday. He's said

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Speaker 1: that he's tweeted as he's arriving here he's going to

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Speaker 1: do that. And I think a lot of people are

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Speaker 1: really holding their final fire until they see if there

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Speaker 1: can be some kind of deal worked out negotiate with

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Speaker 1: I mean, if that's I mean, I know, I want

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Speaker 1: to get to Brady coming up, but just quickly before

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Speaker 1: we we gotta we gotta run the break. But who

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Speaker 1: do they negotiate with? I mean Secretary minution Secretary Ross

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Speaker 1: uh Bob Leichheiser of the U. S. Trade Representative. And

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Speaker 1: now all of a sudden, you've got Secretary Pompeo is

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Speaker 1: now negotiating on Terrace. That's right, and and um, you know,

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Speaker 1: from the best information we have, it looks like at

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Speaker 1: least Minutition and Lightheizer were against this move, right, So

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Speaker 1: do you go negotiate with Peter Navarro? And you know,

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Speaker 1: in addition to in addition to Pompeio, it raises interesting questions,

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Speaker 1: particularly when you're using trade to enforce immigration. I feel

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Speaker 1: like I'm learning all on this show because we're talking

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Speaker 1: to you, but we're talking to usdr. But I mean,

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Speaker 1: it really is remarkable and trade policy really impacting the

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Speaker 1: barbecue mix. We're gonna talk more about this coming up,

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Speaker 1: but first we're gonna check in with Kimberly Gilfoil. Kimberly

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Speaker 1: Gilfoil joins us coming up. She's a senior advisor to

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Speaker 1: President Trump's re election efforts. We're going to break down

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Speaker 1: all of the latest what does it mean the impeachment chatter.

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Speaker 1: I'm Kevin's really You can download the Sound On podcast

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Speaker 1: on Apple iTunes, at Bloomberg dot com, or by downloading

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Speaker 1: the Bloomberg Business app. For more politics and policy. You

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Speaker 1: can find us on Radio dot com, I Heart Radio

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Speaker 1: and Spotify. Happy Friday, you're listening to Bloomberg. This is

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Speaker 1: Sound On with Kevin's Relate on Bloomberg and h D

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Speaker 1: two boltom Over. We made it to Friday Friday Friday,

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Speaker 1: It's finally here. Did you see this house speaker Nancy Pelosi?

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Speaker 1: She was on Jimmy Kimmel last night. She was talking

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Speaker 1: with Jimmy Kimmel on ABC about impeachment. Here's Speaker of

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Speaker 1: the House Nancy Pelosi on impeachment on the Late Night Show.

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Speaker 1: When we go down this path, we have to be

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Speaker 1: ready and it has to be clear to the American people,

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Speaker 1: and we have to hope that it will be clear

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Speaker 1: to to the Republicans. Have to be clear to the Republicans.

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Speaker 1: Joining us on the telephone line, her first time on

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Speaker 1: the program Bloomberg Radio Sound on Pro program. Kimberly Gilfoil

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Speaker 1: Kimberly Gilfoyle is a former Fox News host. She is

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Speaker 1: also now a campaign senior adviser to President Donald Trump's

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Speaker 1: re election campaign. Kimberly, thank you so much for joining us.

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Speaker 1: What do you make a Speaker Pelosio on Kimmel. Yes,

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Speaker 1: you know what I mean. Listen, I know, um, Nancy,

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Speaker 1: you know very well. Um. She is the anti marriage

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Speaker 1: of my ex husband, Gavin newsoms like California's I've spent question. Yeah,

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Speaker 1: try that one out her six degrees and the graces. Um.

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Speaker 1: You know the problem is she's you know, leading a

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Speaker 1: party right now that has no platform, no base, no clue,

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Speaker 1: no ideas as heatering towards socialism and quite frankly communism

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Speaker 1: at this point, um, you know, in terming to the

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Speaker 1: goals when they wake up in the morning, like wow,

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Speaker 1: Venezuela seems like a good idea. You know, they're all

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Speaker 1: touch They are completely out of their minds when they're

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Speaker 1: talking about trying to impeach President Trump. There was no collusion,

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Speaker 1: no obstruction, and all their pivoting saying, oh wait, here's

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Speaker 1: another good idea. Let's say there was a cover up,

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Speaker 1: a cover up of what of the innocence of no wrongdoing. Uh,

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Speaker 1: it's just ridiculous and they're wasting shamefully the taxpayers money,

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Speaker 1: the hard earned money of the men and women across

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Speaker 1: this country that expect people in d C to govern

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Speaker 1: and to legislate. And when you look at it here

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Speaker 1: they have control of the House. What have they done.

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Speaker 1: You know, what have they've been able to accomplish? They

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Speaker 1: have been done nothing but the obstructionists to the president

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Speaker 1: because they're still trying to get a duel over for

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Speaker 1: the election. No one I'm working hard is the president.

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Speaker 1: Kimberly Gilfoyle. She is the President Donald Trump's presidential campaign

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Speaker 1: senior advisor. You know, this is if we're so thrilled

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Speaker 1: to have you you call in. And what I find

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Speaker 1: interesting and you know this, Kimberly, is the chatter here

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Speaker 1: inside of the Beltway, in the swamp in Washington, d C.

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Speaker 1: Is that privately the President Trump and his his administration,

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Speaker 1: they're saying, bring it on. The Democrats want to impeach him.

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Speaker 1: Bring it on. It would be Democrats over playing their hands.

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Speaker 1: Do you think President Trump wants to have the show

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Speaker 1: of impeachment in the Democratic cont Old House? Look, I

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Speaker 1: don't think anybody wants it, because it's not what's still

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Speaker 1: for the Council and President Trump, but you know, has

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Speaker 1: has such a tremendous record of accomplishments, especially as it relates,

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Speaker 1: you know to the economy and obviously national security in

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Speaker 1: other areas as well. But you know, people who were

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Speaker 1: left behind before are no longer left behind, and he

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Speaker 1: really does want to focus on continuing to improve this

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Speaker 1: country and put America first. We need to record low unemployment,

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Speaker 1: you know, for women, for African Americans, for Asian Americans,

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Speaker 1: and it's very important that we continue in this trend.

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Speaker 1: And we've been able to keep unemployment below you know,

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Speaker 1: four percent, it's at three point six percent. Now and

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Speaker 1: in fact, you know where we're seeing the biggest gains

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Speaker 1: are working class Americans in terms of their wages going up.

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Speaker 1: And that's a really good sign. It's most auspicious for

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Speaker 1: the economy. And he wants to continue with this, and

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Speaker 1: we really don't need to waste any more time. Uh.

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Speaker 1: We're trying to impeach a president that has done nothing wrong,

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Speaker 1: and that's the problem. And you know, shame on Bob

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Speaker 1: Mueller for trying to again dust this up. And he

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Speaker 1: really was improper. And I'm a former prosecutor in terms

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Speaker 1: of what he said the other day. Let me tell

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Speaker 1: you something. This is you know, America, the United States

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Speaker 1: of America and our justice system is about the presumption

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Speaker 1: of innocence. And it isn't the goal of a special prosecutor,

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Speaker 1: nor the job to go to try to quote exonerate,

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Speaker 1: uh someone You're supposed to look to see if they're

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Speaker 1: specific evidence and sufficient evidence of criminal activity or wrongdoing.

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Speaker 1: Read to conclusions of William Buell said that Bob Mueller

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Speaker 1: was well within his rights to do and then make

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Speaker 1: that determination, not then go ahead, you know, weeks after

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Speaker 1: and get up and make some kind of bizarre you

426
00:22:41,560 --> 00:22:46,359
Speaker 1: know press conference speech that really was just disingenuous and

427
00:22:46,560 --> 00:22:49,440
Speaker 1: very unhelpful to the American people. You know, I find

428
00:22:49,480 --> 00:22:52,359
Speaker 1: this interesting and to put on your prosecutorial cap for

429
00:22:52,400 --> 00:22:55,199
Speaker 1: a second, because earlier this week, when I was at

430
00:22:55,200 --> 00:22:58,280
Speaker 1: the White House and I was covering for Bloomberg Television, Uh,

431
00:22:58,320 --> 00:23:01,439
Speaker 1: Bob Mueller's uh, you can't really call our press conference.

432
00:23:01,480 --> 00:23:04,000
Speaker 1: He didn't take questions, but he said quotable, if we

433
00:23:04,080 --> 00:23:07,000
Speaker 1: had confidence that the President did not clearly commit a crime,

434
00:23:07,520 --> 00:23:10,240
Speaker 1: we would have said So. I was struck by that, Kimberly,

435
00:23:10,640 --> 00:23:14,159
Speaker 1: But I also I'm curious for your thoughts on that

436
00:23:14,400 --> 00:23:16,520
Speaker 1: because it I think I talked to a lot of

437
00:23:16,560 --> 00:23:18,520
Speaker 1: sources who say, do you really mean to tell me

438
00:23:18,760 --> 00:23:23,240
Speaker 1: if they didn't want to issue charges, they wouldn't have right. Yeah,

439
00:23:23,320 --> 00:23:25,520
Speaker 1: that's what I'm saying. I mean, it makes no sense,

440
00:23:25,640 --> 00:23:28,160
Speaker 1: and he seems confused. I don't know why he made

441
00:23:28,200 --> 00:23:32,480
Speaker 1: that statement. It's it's completely improper. Again, that's not the goal,

442
00:23:32,640 --> 00:23:34,680
Speaker 1: you know, is the Department of Justice and wanted to

443
00:23:34,760 --> 00:23:38,080
Speaker 1: Special Council Bob Mueller to do his job to make

444
00:23:38,160 --> 00:23:41,960
Speaker 1: finding the facts with twenty D suppoenas and burning FBI agents,

445
00:23:42,280 --> 00:23:46,800
Speaker 1: you know, nineteen left leaning lawyers that supported Hillary Clinton.

446
00:23:46,880 --> 00:23:48,760
Speaker 1: My god, and they still couldn't come up with it

447
00:23:48,800 --> 00:23:51,280
Speaker 1: and make up with it fabricated, etcetera. There was a

448
00:23:51,359 --> 00:23:54,280
Speaker 1: finding of no longdoing by the President United States. He

449
00:23:54,400 --> 00:23:58,919
Speaker 1: was transparent, provided all the documents, everything that they needed

450
00:23:59,280 --> 00:24:02,600
Speaker 1: for this bisso our witch hunts and now you know, well,

451
00:24:02,840 --> 00:24:05,399
Speaker 1: we're gonna see something quite interesting in terms of an

452
00:24:05,440 --> 00:24:10,359
Speaker 1: investigation of the investigators, because you cannot have this this

453
00:24:10,520 --> 00:24:15,240
Speaker 1: lawlessness and witch hunt and tapping people and spying on people,

454
00:24:15,680 --> 00:24:18,760
Speaker 1: and it's just it's offensive to me as a former prosecutor,

455
00:24:18,760 --> 00:24:22,080
Speaker 1: as you mentioned Los Angeles, San Francisco, I've never seen

456
00:24:22,160 --> 00:24:25,520
Speaker 1: anything like this. Every American should be concerned about it.

457
00:24:25,520 --> 00:24:29,320
Speaker 1: It's a just a gross invasion of your personal privacy,

458
00:24:29,359 --> 00:24:32,800
Speaker 1: of your civil liberties, with no regard to do process

459
00:24:32,880 --> 00:24:34,920
Speaker 1: the things that we're going on here. That's what the

460
00:24:34,960 --> 00:24:37,600
Speaker 1: American people if they really want answers to real questions

461
00:24:37,640 --> 00:24:40,120
Speaker 1: about one hop and what needs to be looked into.

462
00:24:40,200 --> 00:24:42,400
Speaker 1: And I believe the Department of Justice will do that.

463
00:24:42,680 --> 00:24:45,400
Speaker 1: And William Bard did say listen because there's some suggestion,

464
00:24:45,480 --> 00:24:47,919
Speaker 1: oh is Bob Lullo suggesting that Congress should take this

465
00:24:48,040 --> 00:24:51,520
Speaker 1: over because he's precluded pursuing the d o J opinion

466
00:24:51,600 --> 00:24:55,440
Speaker 1: from ever indicting or bringing charges against a sitting president. Um,

467
00:24:55,480 --> 00:24:57,760
Speaker 1: if you had the evidence, he would have said so

468
00:24:58,040 --> 00:24:59,760
Speaker 1: and he would have done it. You didn't see anywhere

469
00:24:59,760 --> 00:25:02,960
Speaker 1: in the those documents where it said guilty of anything.

470
00:25:03,080 --> 00:25:05,240
Speaker 1: And I referred to this before, which was you know,

471
00:25:05,320 --> 00:25:09,119
Speaker 1: Ken saw when he did the investigation of Bill Clinton, okay,

472
00:25:09,160 --> 00:25:13,080
Speaker 1: eleven times use the word guilty, six of them as

473
00:25:13,119 --> 00:25:17,320
Speaker 1: it related to obstruction. You never saw those words in friends,

474
00:25:17,320 --> 00:25:20,120
Speaker 1: in the four hundred and forty eight pages that were

475
00:25:20,160 --> 00:25:24,040
Speaker 1: provided to the American people. William Barr provided that whole report,

476
00:25:24,119 --> 00:25:26,960
Speaker 1: minus a few redactions, when Bob Muller was even only

477
00:25:27,080 --> 00:25:31,080
Speaker 1: asking to only give certain portions of it. Look what

478
00:25:31,160 --> 00:25:33,200
Speaker 1: William Bard did. He gave the whole thing. And as

479
00:25:33,240 --> 00:25:36,120
Speaker 1: it relates to Congress, he said, the Department of Justice,

480
00:25:36,160 --> 00:25:40,560
Speaker 1: in conducting its investigations, does not serve as an adjunct

481
00:25:40,840 --> 00:25:43,600
Speaker 1: to Congress. I think that's a pretty strong statement that

482
00:25:43,640 --> 00:25:45,360
Speaker 1: tells you about the rule of law and how things

483
00:25:45,359 --> 00:25:49,040
Speaker 1: are supposed to be handled. Kimberly Gilfoyle, senior advisor to

484
00:25:49,080 --> 00:25:53,680
Speaker 1: President Donald Trump's presidential campaign, she's also a former prosecutor

485
00:25:53,720 --> 00:25:56,600
Speaker 1: for l A and San franc Look tariffs, tariffs, tariffs,

486
00:25:56,640 --> 00:25:59,480
Speaker 1: this is Bloomberg tariffs. The markets royal today as a

487
00:25:59,520 --> 00:26:04,840
Speaker 1: result of tweet yesterday President Trump threatening tariffs on Mexico goods.

488
00:26:04,840 --> 00:26:08,680
Speaker 1: He's citing the immigration issue. Of course, it throws into

489
00:26:08,840 --> 00:26:11,000
Speaker 1: account the U S. M c A or NAFTA two

490
00:26:11,119 --> 00:26:14,200
Speaker 1: point Oh what do you say can really to businesses

491
00:26:14,280 --> 00:26:17,159
Speaker 1: forget about big business for a second, to small businesses,

492
00:26:17,480 --> 00:26:20,879
Speaker 1: to medium sized businesses and battleground states like outside of

493
00:26:20,920 --> 00:26:27,960
Speaker 1: Philadelphia and Pennsylvania where I grew up, or Michigan, Wisconsin, Florida, Uh, Wisconsin.

494
00:26:28,359 --> 00:26:30,720
Speaker 1: What do you say to those folks who are looking

495
00:26:30,720 --> 00:26:33,280
Speaker 1: at this and they're they're a little uneasy. They sense

496
00:26:33,320 --> 00:26:37,080
Speaker 1: a little bit of economic uncertainty. They do because that

497
00:26:37,160 --> 00:26:39,240
Speaker 1: perhaps they're they have to think about and get some

498
00:26:39,320 --> 00:26:41,760
Speaker 1: elevation on it and see, you know the big picture.

499
00:26:42,040 --> 00:26:45,639
Speaker 1: Of course, Mexico is an important economic partner with the

500
00:26:45,720 --> 00:26:48,440
Speaker 1: United States estates and we do spend ten millions of

501
00:26:48,440 --> 00:26:51,720
Speaker 1: dollars a year um with Mexico and import profit me

502
00:26:51,760 --> 00:26:55,119
Speaker 1: of what three billion dollars and good, but you know,

503
00:26:55,160 --> 00:26:57,639
Speaker 1: Mexico attact like a partner to This isn't gonna be

504
00:26:57,640 --> 00:27:00,359
Speaker 1: a one way relationship, Okay, we want rest of city.

505
00:27:00,480 --> 00:27:03,399
Speaker 1: Is very similar to what the President is saying about China,

506
00:27:03,720 --> 00:27:06,680
Speaker 1: and you know, it's a similar proposal here in terms

507
00:27:06,720 --> 00:27:10,199
Speaker 1: of escalating uh. You know, paribs at five percent and

508
00:27:10,240 --> 00:27:14,200
Speaker 1: then it goes up each time five percent. Additional, they

509
00:27:14,240 --> 00:27:17,240
Speaker 1: have to get serious about this. They are literally turning

510
00:27:17,320 --> 00:27:21,080
Speaker 1: this into, you know, a super highway for legal immigrants

511
00:27:21,280 --> 00:27:24,679
Speaker 1: coming into our nation illegally. And the plaius of our research,

512
00:27:24,720 --> 00:27:27,000
Speaker 1: how much do you think it also costs to try

513
00:27:27,080 --> 00:27:30,240
Speaker 1: to do house and feed and medical costs, et cetera

514
00:27:30,240 --> 00:27:32,480
Speaker 1: for people that are breaking the law and coming into

515
00:27:32,520 --> 00:27:35,199
Speaker 1: this country. What about the cost to two neighborhoods and

516
00:27:35,240 --> 00:27:38,080
Speaker 1: community is not to mention the loss of life. Criminal

517
00:27:38,119 --> 00:27:42,280
Speaker 1: recidivis coming in over and over again. Just two days ago,

518
00:27:42,320 --> 00:27:46,040
Speaker 1: a thousand UH people were apprehended trying to cross into

519
00:27:46,040 --> 00:27:50,600
Speaker 1: the borders. These are staggering, staggering numbers. It's not sustainable.

520
00:27:50,720 --> 00:27:54,119
Speaker 1: Something has to be done. President Trump has asked them

521
00:27:54,160 --> 00:27:58,119
Speaker 1: repeatedly to try to help stop this, especially coming into

522
00:27:58,359 --> 00:28:02,639
Speaker 1: Central America, coming through that than border. It's a huge problem.

523
00:28:02,720 --> 00:28:06,080
Speaker 1: And they can't just let it be our problem. He's

524
00:28:06,119 --> 00:28:08,399
Speaker 1: the president of the United States of America. He has

525
00:28:08,480 --> 00:28:12,440
Speaker 1: to in our best interest America first, Yes, while still

526
00:28:12,480 --> 00:28:16,080
Speaker 1: having a regard for our economic relationship. This is what happened.

527
00:28:16,240 --> 00:28:18,639
Speaker 1: This is you know, big boy time here, and the

528
00:28:18,680 --> 00:28:21,520
Speaker 1: president is not going to be pushed around. Everybody should

529
00:28:21,600 --> 00:28:25,600
Speaker 1: understand that, and the American market should accept and and

530
00:28:25,720 --> 00:28:28,160
Speaker 1: hold that and take it in and understand that this

531
00:28:28,240 --> 00:28:30,960
Speaker 1: is actually the long term going to be better for

532
00:28:31,119 --> 00:28:34,600
Speaker 1: our economy and not worse. All right. Kimberly Gilfoyle the

533
00:28:34,680 --> 00:28:37,600
Speaker 1: first time on the program, hopefully not the last. She's

534
00:28:37,640 --> 00:28:42,200
Speaker 1: a senior advisor to President Donald Trump's re election campaign.

535
00:28:42,320 --> 00:28:46,240
Speaker 1: Kimberly appreciate the time. Thank you, Thank you so much.

536
00:28:46,520 --> 00:28:49,880
Speaker 1: Coming up more politics and policy reaction to that exclusive

537
00:28:49,880 --> 00:28:53,200
Speaker 1: interview tonight with Kimberly Gilfoyle, the senior advisor to President

538
00:28:53,240 --> 00:28:56,880
Speaker 1: Trump's re election campaign. You can download the sound on

539
00:28:57,080 --> 00:29:01,680
Speaker 1: podcast on Apple iTunes, at Bloomberg dot com, or by

540
00:29:01,680 --> 00:29:04,360
Speaker 1: downloading the Bloomberg Business app. You can also find us

541
00:29:04,400 --> 00:29:07,560
Speaker 1: on Radio dot com, I Heart Radio, and Spotify. I'm

542
00:29:07,640 --> 00:29:15,280
Speaker 1: Kevin CURRELLI. It's Friday. You're listening to Bloomberg. You're listening

543
00:29:15,320 --> 00:29:20,280
Speaker 1: to Sound On with Kevin Surreally on Bloomberg and one

544
00:29:20,320 --> 00:29:24,360
Speaker 1: oh five point seven m h D two Baltimore. Tariff Friday,

545
00:29:24,440 --> 00:29:29,640
Speaker 1: the President threatening to raise tariffs by against Mexico. The fallout,

546
00:29:30,160 --> 00:29:34,160
Speaker 1: It's royal ng Royling markets. The stock market, the SMP

547
00:29:34,280 --> 00:29:37,640
Speaker 1: five hundred capping out its worst month of the year,

548
00:29:37,880 --> 00:29:41,520
Speaker 1: bringing its May declined past six point five per cent.

549
00:29:41,800 --> 00:29:45,080
Speaker 1: This upon the news of President Trump's tariff threats to

550
00:29:45,160 --> 00:29:50,840
Speaker 1: dal Jones. Industrial average careemed to a sixth weekly loss,

551
00:29:50,880 --> 00:29:54,560
Speaker 1: the longest slump since two thousand and eleven. I'm reading

552
00:29:54,600 --> 00:29:58,920
Speaker 1: a report from the Bloomberg Terminal by my colleague Jeremy

553
00:29:58,920 --> 00:30:02,120
Speaker 1: heron Joy Winning Us in studio to react to that

554
00:30:02,200 --> 00:30:06,600
Speaker 1: exclusive interview from Kimberly Gilfoyle, a senior advisor to President

555
00:30:06,600 --> 00:30:10,400
Speaker 1: Trump's re election campaign. Eric Wass and Bloomberg News congressional

556
00:30:10,440 --> 00:30:14,840
Speaker 1: reporter David Livingston, Deputy Director of the Climate and Advanced

557
00:30:14,920 --> 00:30:20,880
Speaker 1: Energy at the Atlantic Council, And my good buddy Roz Krasney,

558
00:30:21,080 --> 00:30:24,959
Speaker 1: she is the weekend editor for Bloomberg News and ros

559
00:30:25,240 --> 00:30:29,520
Speaker 1: I want to hear when you hear folks uh defending

560
00:30:29,600 --> 00:30:34,400
Speaker 1: and making the economic case on immigration that President Trump

561
00:30:34,480 --> 00:30:39,040
Speaker 1: is really pressing the Mexicans to come to the negotiation table.

562
00:30:39,440 --> 00:30:43,080
Speaker 1: That might play well in some of these battleground states

563
00:30:43,120 --> 00:30:47,000
Speaker 1: for Republicans, well Kevin. It certainly could play well with

564
00:30:47,040 --> 00:30:51,080
Speaker 1: some of Trump's most loyalists because you know, if you

565
00:30:51,120 --> 00:30:53,160
Speaker 1: look at the Twitter spare and look at some of

566
00:30:53,200 --> 00:30:55,880
Speaker 1: the commentary, they seem to like it, like let's do it.

567
00:30:55,920 --> 00:30:59,720
Speaker 1: But so many groups, commodity groups, the wheat grows, the

568
00:31:00,040 --> 00:31:04,320
Speaker 1: hawk producers, they're very, very upset. The Chamber of Commerce

569
00:31:04,400 --> 00:31:07,000
Speaker 1: is threatening to sue because this has a really big

570
00:31:07,040 --> 00:31:11,680
Speaker 1: economic impact. And it's another um indication of President Trump

571
00:31:11,720 --> 00:31:17,040
Speaker 1: trying to entwine economic pressure and tariff pressure with something

572
00:31:17,080 --> 00:31:20,800
Speaker 1: totally different, which is build the wall or stop at

573
00:31:20,840 --> 00:31:23,840
Speaker 1: legal immigration, or he also kind of wove in there

574
00:31:23,880 --> 00:31:27,160
Speaker 1: a little bit today stop the illegal drug trade. So

575
00:31:27,600 --> 00:31:30,680
Speaker 1: using an economic hammer to hit kind of a non

576
00:31:30,800 --> 00:31:34,600
Speaker 1: economic nail. It's so it's kind of a risky, a

577
00:31:34,720 --> 00:31:39,080
Speaker 1: risky um effort I think by Trump, that's right. And

578
00:31:39,400 --> 00:31:41,440
Speaker 1: I would just add to that that you've you know,

579
00:31:41,640 --> 00:31:43,640
Speaker 1: he's he's got a lot of balls in the air

580
00:31:43,760 --> 00:31:46,400
Speaker 1: right now. Now you've got Mexico and U S. M.

581
00:31:46,480 --> 00:31:50,840
Speaker 1: C a in question. You've got continuing negotiations with the EU,

582
00:31:51,000 --> 00:31:54,840
Speaker 1: You've got negotiations with Japan, You've got US China. He's

583
00:31:54,920 --> 00:31:58,920
Speaker 1: opened a lot of a lot of cans, He's opened

584
00:31:58,960 --> 00:32:01,400
Speaker 1: a lot of boxes. He has yet to close one

585
00:32:01,480 --> 00:32:03,880
Speaker 1: up and wrap a bowl around it. And I think,

586
00:32:04,000 --> 00:32:06,760
Speaker 1: also reacting to Kimberly's interview there, it's like the real

587
00:32:06,880 --> 00:32:09,560
Speaker 1: question is what will Mexico, Mexico be able to do

588
00:32:09,600 --> 00:32:11,680
Speaker 1: to get these tariffs turned off. I mean, a lot

589
00:32:11,720 --> 00:32:14,560
Speaker 1: of people are appearing at the southern border to seek asylum.

590
00:32:14,600 --> 00:32:17,680
Speaker 1: That's an internationally recognized right. Uh. Can Mexico really stop

591
00:32:17,720 --> 00:32:20,480
Speaker 1: those people from from appearing and asking for US asylum?

592
00:32:20,520 --> 00:32:24,080
Speaker 1: These are Central Americans fleeing violence in their home country. Uh,

593
00:32:24,080 --> 00:32:27,360
Speaker 1: it's not really clear what Mexico can do. And mcmulvaney

594
00:32:27,400 --> 00:32:29,120
Speaker 1: told reporters is gonna be sort of ad hoc, there's

595
00:32:29,120 --> 00:32:31,280
Speaker 1: gonna be decided on the fly. I think that has

596
00:32:31,320 --> 00:32:33,800
Speaker 1: markets very nervous, and I agree with what David saying.

597
00:32:34,200 --> 00:32:36,800
Speaker 1: Usc R has a certain limit to its capacity to

598
00:32:36,840 --> 00:32:39,520
Speaker 1: do all these different deals, and other countries like Japan,

599
00:32:39,600 --> 00:32:42,320
Speaker 1: the EU, Britain, and China will have to be wondering

600
00:32:42,440 --> 00:32:45,479
Speaker 1: if USCRS word can be taken these negotiations, if they

601
00:32:45,480 --> 00:32:48,160
Speaker 1: can be taken seriously. You know, I think that's a

602
00:32:48,280 --> 00:32:51,080
Speaker 1: great point, that that the word of the US is

603
00:32:51,080 --> 00:32:54,680
Speaker 1: is really is really money and to not be able

604
00:32:54,680 --> 00:32:57,400
Speaker 1: to be taken seriously, and I mean really the the

605
00:32:57,480 --> 00:32:59,480
Speaker 1: U S m c A was one tride agreement that

606
00:32:59,520 --> 00:33:01,600
Speaker 1: did seem to be tied up with the boat. Obviously

607
00:33:01,600 --> 00:33:04,280
Speaker 1: there are some difficulties possibly in getting it through Congress,

608
00:33:04,320 --> 00:33:08,080
Speaker 1: but it was a pretty long year of negotiations with

609
00:33:08,160 --> 00:33:12,320
Speaker 1: Mexico and Canada to finally get that agreement done and

610
00:33:12,640 --> 00:33:15,720
Speaker 1: to just kind of toss it out on a whim,

611
00:33:15,920 --> 00:33:18,720
Speaker 1: possibly uh with a little bit of egging on from

612
00:33:18,760 --> 00:33:22,160
Speaker 1: some of President Trump's uh immigration hawks, just seems like

613
00:33:22,240 --> 00:33:27,160
Speaker 1: a pretty amazing ton of events. Rozz Thank you for

614
00:33:27,160 --> 00:33:29,960
Speaker 1: stopping in. You were you were all ready to kick

615
00:33:30,040 --> 00:33:32,720
Speaker 1: start your weekend and I your first time on the program.

616
00:33:32,720 --> 00:33:35,320
Speaker 1: How am I doing? I think you're doing great? How

617
00:33:35,360 --> 00:33:37,320
Speaker 1: am I doing great? I hope will you come back?

618
00:33:37,480 --> 00:33:40,120
Speaker 1: I will, She'll come back. Ross Grosney, who edited me

619
00:33:40,400 --> 00:33:42,880
Speaker 1: back on the campaign trail every weekend and dealt with

620
00:33:42,920 --> 00:33:45,960
Speaker 1: ma'am so appreciative that Roz was able to stop by.

621
00:33:45,960 --> 00:33:47,760
Speaker 1: I'm going to scoot her on out of here. Scoot

622
00:33:48,040 --> 00:33:50,200
Speaker 1: excuse see what I did there, David Livingston, I'm going

623
00:33:50,240 --> 00:33:53,160
Speaker 1: to scoot on out of here on a scooter. I

624
00:33:53,360 --> 00:33:55,480
Speaker 1: love it. It's better than walking out for the for

625
00:33:55,560 --> 00:33:59,000
Speaker 1: the weekends. Appreciate you know. And you're headed to the

626
00:33:59,120 --> 00:34:02,800
Speaker 1: National Basilica National's Inmphony Orchestra having a free concert tonight.

627
00:34:02,800 --> 00:34:06,480
Speaker 1: I'm much looking forward to awesome alright before before the

628
00:34:06,520 --> 00:34:10,200
Speaker 1: recess ends. Thank you everybody to ros Krasnie, Eric Watson,

629
00:34:10,280 --> 00:34:13,360
Speaker 1: David Livingston. Also to Kimberly Gilfoyle. Coming up on Monday,

630
00:34:13,400 --> 00:34:17,320
Speaker 1: Senator Joni Ernst, a Republican from Iowa. You can download

631
00:34:17,360 --> 00:34:20,759
Speaker 1: the sound on podcast on Apple iTunes, at Bloomberg dot com,

632
00:34:20,920 --> 00:34:23,680
Speaker 1: or by downloading the Bloomberg Business app. Check us out

633
00:34:23,719 --> 00:34:27,040
Speaker 1: on radio dot com, I Heart Radio and Spotify. Have

634
00:34:27,080 --> 00:34:30,200
Speaker 1: an awesome weekend. My godson, my little nephew is coming

635
00:34:30,239 --> 00:34:32,719
Speaker 1: to visit me. We're checking out the Smithsonian tomorrow. That's

636
00:34:32,719 --> 00:34:35,040
Speaker 1: it for me. Kevin Cirelli, you're listening to Bloomberg