1 00:00:02,520 --> 00:00:08,320 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. Well, this is a 2 00:00:08,320 --> 00:00:10,399 Speaker 1: heck of a way to start a conversation. Joining us 3 00:00:10,440 --> 00:00:15,800 Speaker 1: live from Capitol Hill. Democratic Senator Elizabeth Warren of Massachusetts again, 4 00:00:15,880 --> 00:00:19,520 Speaker 1: ranking member Senate Banking Committee, Member of the Senate Finance Committee. Senator, 5 00:00:19,520 --> 00:00:21,320 Speaker 1: it's good to see you. Welcome back to Bloomberg TV 6 00:00:21,400 --> 00:00:23,520 Speaker 1: and radio. You sure seem to be top of mind, 7 00:00:24,000 --> 00:00:28,360 Speaker 1: if not top of word, every time the President speaks lately, 8 00:00:28,400 --> 00:00:30,000 Speaker 1: and I want to ask you about your effort to 9 00:00:30,080 --> 00:00:34,560 Speaker 1: quash this bailout as many are calling it for Argentina. 10 00:00:35,080 --> 00:00:38,400 Speaker 1: President said today this is a direct quote, just helping 11 00:00:38,400 --> 00:00:41,040 Speaker 1: a great philosophy take over a great country. We don't 12 00:00:41,040 --> 00:00:43,000 Speaker 1: have to do it, he said, It's not going to 13 00:00:43,000 --> 00:00:46,240 Speaker 1: make a big difference for our country. How many Republicans, 14 00:00:46,240 --> 00:00:48,879 Speaker 1: how many America First Republicans did you get to sign on? 15 00:00:49,840 --> 00:00:53,880 Speaker 2: Yeah, you know, you ask exactly the right question. Donald 16 00:00:53,920 --> 00:00:59,440 Speaker 2: Trump ran for office proclaiming he would do America first. Instead, 17 00:00:59,600 --> 00:01:05,039 Speaker 2: he is sending twenty billion American taxpayer dollars to bail 18 00:01:05,080 --> 00:01:09,280 Speaker 2: out his buddy in Argentina. And he's doing this after 19 00:01:10,000 --> 00:01:14,280 Speaker 2: Argentina has just cozied up to China. And cut a 20 00:01:14,319 --> 00:01:18,360 Speaker 2: deal with China that takes the legs out from underneath 21 00:01:18,440 --> 00:01:23,880 Speaker 2: American soybean farmers. So let me get this straight. Argentina 22 00:01:24,120 --> 00:01:28,400 Speaker 2: hurts American farmers, and the President of the United States 23 00:01:28,520 --> 00:01:34,760 Speaker 2: responds by giving twenty billion dollars to Argentina, plus Secretary 24 00:01:34,840 --> 00:01:38,240 Speaker 2: best saying and a blank check if they need more. 25 00:01:38,640 --> 00:01:39,679 Speaker 2: That's pretty appalling. 26 00:01:41,120 --> 00:01:43,679 Speaker 1: Well, Congress, not have a chance to weigh in outside 27 00:01:43,720 --> 00:01:47,200 Speaker 1: of your legislation. Is this money as good as Argentina's. 28 00:01:48,080 --> 00:01:51,000 Speaker 2: Well, that's what I want to do. I just went 29 00:01:51,080 --> 00:01:54,280 Speaker 2: to the floor of the Senate and introduced the bill 30 00:01:54,360 --> 00:01:58,360 Speaker 2: and ask for unanimous consent that we move it forward, 31 00:01:58,520 --> 00:02:01,720 Speaker 2: and there was an objection. So now I'm just saying 32 00:02:01,760 --> 00:02:05,720 Speaker 2: to the Republicans. Look, you guys have criticized this. I've 33 00:02:05,760 --> 00:02:09,839 Speaker 2: heard Chuck Grassley speak out against it, other senators who 34 00:02:09,880 --> 00:02:13,840 Speaker 2: represent farmers in their home state saying this is a 35 00:02:13,960 --> 00:02:17,440 Speaker 2: terrible idea. Well, you know, this is your chance, not 36 00:02:17,680 --> 00:02:22,359 Speaker 2: just talk, you can actually take action here. The United 37 00:02:22,400 --> 00:02:25,720 Speaker 2: States Senate has the power to say no, we're not 38 00:02:25,760 --> 00:02:27,200 Speaker 2: going to do this, So let's just bring it to 39 00:02:27,240 --> 00:02:30,640 Speaker 2: the floor and vote. Because I feel pretty sure that 40 00:02:30,720 --> 00:02:33,360 Speaker 2: if everybody had a chance in the Senate to vote 41 00:02:33,400 --> 00:02:37,639 Speaker 2: on this, that the answer would be no money to Argentina, 42 00:02:37,840 --> 00:02:41,920 Speaker 2: thank you very much. We'd rather support our farmers and 43 00:02:42,080 --> 00:02:43,480 Speaker 2: families here in America. 44 00:02:44,200 --> 00:02:45,639 Speaker 1: So do you know if you're going to get a vote, 45 00:02:45,639 --> 00:02:46,560 Speaker 1: will this go to the floor. 46 00:02:47,480 --> 00:02:50,560 Speaker 2: You know, the person who determines that is the Republican leader, 47 00:02:51,680 --> 00:02:54,960 Speaker 2: not the Democrats. So all I can do is keep 48 00:02:55,200 --> 00:02:59,119 Speaker 2: raising the alarm about this and asking people all over 49 00:02:59,160 --> 00:03:02,880 Speaker 2: this country to let the Republicans know that we want 50 00:03:02,919 --> 00:03:04,960 Speaker 2: to vote on this. We want to put a stock 51 00:03:05,040 --> 00:03:09,320 Speaker 2: to this. You know, the American soybean farmers have really 52 00:03:09,360 --> 00:03:12,200 Speaker 2: been hurt, and American farmers who are growing other crops 53 00:03:12,200 --> 00:03:15,760 Speaker 2: have been hurt as well, because when Donald Trump has 54 00:03:15,800 --> 00:03:19,120 Speaker 2: done this, tariff's on tariffs off one hundred percent tariffs, 55 00:03:19,200 --> 00:03:24,880 Speaker 2: fifty percent tariffs, twenty percent tariffs. Many many buyers of 56 00:03:24,919 --> 00:03:29,560 Speaker 2: those agriculture products who our farmers spent some of them 57 00:03:29,600 --> 00:03:35,360 Speaker 2: have spent decades developing those markets and those relationships. They said, look, 58 00:03:35,720 --> 00:03:38,280 Speaker 2: if your president is going to impose tariffs on my 59 00:03:38,360 --> 00:03:42,520 Speaker 2: home country, I can't buy your product. And that's putting 60 00:03:42,640 --> 00:03:46,640 Speaker 2: our American farmers under a lot of pressure. The soybean 61 00:03:46,760 --> 00:03:53,800 Speaker 2: farmers in particular, got targeted by China and Argentina. Argentina 62 00:03:53,880 --> 00:03:57,560 Speaker 2: doing a deal with China to cut out American soybean farmers. 63 00:03:57,880 --> 00:04:01,440 Speaker 2: That's just not right and we should not be rewarding 64 00:04:02,000 --> 00:04:06,200 Speaker 2: a country that acts against the interests of the American 65 00:04:06,240 --> 00:04:09,440 Speaker 2: people and the American farmer, and that is exactly what 66 00:04:09,560 --> 00:04:10,880 Speaker 2: Donald Trump is doing. 67 00:04:12,400 --> 00:04:16,120 Speaker 3: Senator I want to turn from Argentina now to Capitol Hill. 68 00:04:16,200 --> 00:04:19,360 Speaker 3: I'm curious if you have spoken to the Minority Leader 69 00:04:19,480 --> 00:04:22,680 Speaker 3: Chuck Schumer about his plans next and what's going on 70 00:04:22,760 --> 00:04:24,800 Speaker 3: with the shutdown and when people can expect to feel 71 00:04:24,839 --> 00:04:25,359 Speaker 3: some relief. 72 00:04:26,320 --> 00:04:30,400 Speaker 2: So I don't talk about private conversations, but let me 73 00:04:30,480 --> 00:04:34,200 Speaker 2: put it this way, Democrats are really clear about what 74 00:04:34,240 --> 00:04:37,840 Speaker 2: we're asking for. We want the Republicans just to roll 75 00:04:37,920 --> 00:04:41,440 Speaker 2: back those cuts that are going to knock fifteen million 76 00:04:41,480 --> 00:04:47,040 Speaker 2: Americans off their healthcare coverage and drive up insurance costs 77 00:04:47,400 --> 00:04:52,000 Speaker 2: for tens of millions more Americans. We're just that's all 78 00:04:52,000 --> 00:04:55,880 Speaker 2: we're asking for here in the Republicans right now literally 79 00:04:55,960 --> 00:04:59,599 Speaker 2: will not even sit down and negotiate. The House is 80 00:04:59,680 --> 00:05:04,159 Speaker 2: out for its fourth week of vacation, so they can't 81 00:05:04,200 --> 00:05:07,640 Speaker 2: even be here to vote, and the Senate just says, 82 00:05:07,880 --> 00:05:11,720 Speaker 2: no talking. You know, that's not how it works in 83 00:05:11,760 --> 00:05:16,280 Speaker 2: a democracy. We're fighting to try to help Americans be 84 00:05:16,440 --> 00:05:18,719 Speaker 2: able to afford their health care. And I'm going to 85 00:05:18,720 --> 00:05:22,479 Speaker 2: be clear, I'm not defending the American healthcare system. I 86 00:05:22,520 --> 00:05:27,200 Speaker 2: think it's badly broken. But what Trump is doing to 87 00:05:27,279 --> 00:05:30,560 Speaker 2: that system, along with the Republicans, is they're going to 88 00:05:30,600 --> 00:05:36,560 Speaker 2: take a creaky, barely functioning system and just smash it apart, 89 00:05:37,080 --> 00:05:41,239 Speaker 2: and that ultimately is going to hurt everybody in this country. 90 00:05:41,279 --> 00:05:43,920 Speaker 2: And we're just we're just trying to push back, say, 91 00:05:44,000 --> 00:05:47,760 Speaker 2: just give people back the coverage they had back in June. 92 00:05:47,880 --> 00:05:50,440 Speaker 2: We're not trying to rewrite the whole system. We're not 93 00:05:50,480 --> 00:05:53,880 Speaker 2: spending any additional money. Just give people what they had 94 00:05:53,920 --> 00:05:57,400 Speaker 2: a few months ago before Donald Trump and the Republicans 95 00:05:57,480 --> 00:06:00,560 Speaker 2: passed that one big, beautiful bill. 96 00:06:00,760 --> 00:06:03,320 Speaker 3: Senator, I do want to turn to your home state 97 00:06:03,360 --> 00:06:05,880 Speaker 3: of Massachusetts right now, in the short time that we 98 00:06:06,000 --> 00:06:09,680 Speaker 3: do have left. President Trump saying today he was very 99 00:06:09,680 --> 00:06:13,760 Speaker 3: critical of the Boston mayor in Facts, saying at one 100 00:06:13,800 --> 00:06:17,159 Speaker 3: point that he would consider pulling the World Cup games 101 00:06:17,160 --> 00:06:19,480 Speaker 3: from Boston. Of course, that is something that is up 102 00:06:19,520 --> 00:06:22,720 Speaker 3: to the head of FIFA. However, are you concerned that 103 00:06:22,800 --> 00:06:26,520 Speaker 3: Boston could be the next target for National Guard troops. 104 00:06:28,240 --> 00:06:30,920 Speaker 2: Let me just start with saying what a terrific job 105 00:06:31,040 --> 00:06:36,000 Speaker 2: Michelle Wu, who is mayor of Boston is doing. In fact, 106 00:06:36,560 --> 00:06:40,200 Speaker 2: she just won in the primary for her reelection which 107 00:06:40,240 --> 00:06:44,760 Speaker 2: comes up in November, by forty nine points, so much 108 00:06:44,839 --> 00:06:48,359 Speaker 2: so that her opponent dropped out. So the people of 109 00:06:48,400 --> 00:06:50,799 Speaker 2: Boston really seem to think that she's doing a pretty 110 00:06:50,839 --> 00:06:54,760 Speaker 2: terrific job. And given that Boston has the lowest crime 111 00:06:54,839 --> 00:06:58,279 Speaker 2: rate of any major city in America, that Michelle Wu 112 00:06:58,400 --> 00:07:02,200 Speaker 2: has done more on affordable housing and to put create 113 00:07:02,360 --> 00:07:08,000 Speaker 2: more childcare slots really tells you why she is much 114 00:07:08,080 --> 00:07:12,240 Speaker 2: respected and often much loved in the city of Boston. 115 00:07:12,920 --> 00:07:15,800 Speaker 2: For Donald Trump to attack her, it seems to me, 116 00:07:16,680 --> 00:07:20,560 Speaker 2: is just a way to say he doesn't like people 117 00:07:21,000 --> 00:07:24,760 Speaker 2: who are not bowing the need to Donald Trump, because 118 00:07:24,800 --> 00:07:28,520 Speaker 2: that's the one thing she has pushed back and said 119 00:07:28,720 --> 00:07:31,680 Speaker 2: to the President of the United States, if you want 120 00:07:31,720 --> 00:07:35,679 Speaker 2: to help make Boston safer, then send us some better 121 00:07:35,960 --> 00:07:39,640 Speaker 2: gun safety laws nationally. We're doing a good job here 122 00:07:39,680 --> 00:07:43,480 Speaker 2: in Massachusetts, but help us out nationally so guns don't 123 00:07:43,480 --> 00:07:47,680 Speaker 2: get imported from elsewhere, help us with health care, help 124 00:07:47,760 --> 00:07:50,920 Speaker 2: us with housing. Those are the things that will help 125 00:07:50,960 --> 00:07:55,640 Speaker 2: make Boston an even better city. Donald Trump doesn't like 126 00:07:55,680 --> 00:07:58,880 Speaker 2: anyone who doesn't bend the knee, so frankly, I'm not 127 00:07:58,920 --> 00:08:01,760 Speaker 2: surprised that he's trying to pick some kind of fight 128 00:08:01,800 --> 00:08:04,280 Speaker 2: with Michelle Wou, but I don't think it's going to work. 129 00:08:04,640 --> 00:08:06,880 Speaker 1: You know, he did say a senator that he thought 130 00:08:06,960 --> 00:08:10,200 Speaker 1: that the mayor was in fact intelligent and smarter than 131 00:08:10,200 --> 00:08:11,760 Speaker 1: some of the other mayors. For what it's worth, I 132 00:08:11,880 --> 00:08:13,520 Speaker 1: put that out there. He was being asked about these 133 00:08:13,560 --> 00:08:17,160 Speaker 1: street takeovers that have taken place, the pro Palestinian protests 134 00:08:17,560 --> 00:08:21,760 Speaker 1: that have in some cases been pretty large scale in Boston. 135 00:08:21,960 --> 00:08:25,080 Speaker 1: I'm just wondering what would be your response, and would 136 00:08:25,120 --> 00:08:29,160 Speaker 1: be what should be Governor Healey's response if Donald Trump 137 00:08:29,200 --> 00:08:31,920 Speaker 1: decides that your hometown is next for National Guard troops. 138 00:08:32,600 --> 00:08:34,880 Speaker 2: Well, so, I just want to be clear on what 139 00:08:34,920 --> 00:08:37,280 Speaker 2: you're talking about. Mayor Wou put out a very strong 140 00:08:37,320 --> 00:08:39,120 Speaker 2: statement about this and said we're not going to do this. 141 00:08:39,840 --> 00:08:42,840 Speaker 2: She's also put out a strong statement when a police 142 00:08:42,840 --> 00:08:48,240 Speaker 2: officer got hurt when there's been a protest. Look, everybody 143 00:08:48,679 --> 00:08:53,000 Speaker 2: has problems. Things happen, But that's why we have our 144 00:08:53,080 --> 00:08:56,520 Speaker 2: local police. That's why we have our state police, and 145 00:08:56,600 --> 00:08:59,760 Speaker 2: they are doing an excellent job. We don't need any 146 00:09:00,160 --> 00:09:04,200 Speaker 2: national troops to come in to somehow flatter Donald Trump's ego. 147 00:09:05,600 --> 00:09:08,360 Speaker 1: Certainly wouldn't be the first time. Would you pursue legal 148 00:09:08,400 --> 00:09:12,280 Speaker 1: action if he did, Senator, Oh yes, Look. 149 00:09:12,240 --> 00:09:15,920 Speaker 2: What Donald Trump is trying to do right now in California, 150 00:09:16,080 --> 00:09:20,880 Speaker 2: in Illinois is pretty clearly illegal, and the courts have 151 00:09:20,960 --> 00:09:24,320 Speaker 2: already said so across the board that he does not 152 00:09:24,520 --> 00:09:28,040 Speaker 2: have the authority to engage in this kind of takeover 153 00:09:28,520 --> 00:09:32,960 Speaker 2: of American city. Same thing for Portland. But this is 154 00:09:33,000 --> 00:09:35,720 Speaker 2: about more than just what is legal. This is about 155 00:09:36,360 --> 00:09:40,120 Speaker 2: Donald Trump trying to find as many ways as possible 156 00:09:40,800 --> 00:09:45,920 Speaker 2: to suppress, to shut up, to hush anyone who disagrees 157 00:09:46,080 --> 00:09:49,680 Speaker 2: with Donald Trump. And that's true whether we're talking about 158 00:09:49,800 --> 00:09:54,040 Speaker 2: mayors of big cities, or we're talking about late night comedians, 159 00:09:54,480 --> 00:09:59,160 Speaker 2: or we're talking about elected officials, Donald Trump cares most 160 00:09:59,559 --> 00:10:04,400 Speaker 2: about using the federal government and its power to silence 161 00:10:04,600 --> 00:10:10,080 Speaker 2: dissent rather than to advance the interests of the American people. 162 00:10:10,520 --> 00:10:13,640 Speaker 2: That is the central problem we have, and it just 163 00:10:13,760 --> 00:10:18,560 Speaker 2: keeps cropping up over and over because Donald Trump wants 164 00:10:18,640 --> 00:10:22,960 Speaker 2: government to serve him personally, not the American people. 165 00:10:24,600 --> 00:10:27,840 Speaker 1: Number one to mince Worth's Democratic Senator Elizabeth Warren at Massachusetts, 166 00:10:27,840 --> 00:10:29,880 Speaker 1: Thank you, senator for joining us on Bloomberg. 167 00:10:29,920 --> 00:10:30,720 Speaker 2: Thank you for having me