WEBVTT - Senator Elizabeth Warren Talks Government Shutdown

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news. Well, this is a

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<v Speaker 1>heck of a way to start a conversation. Joining us

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<v Speaker 1>live from Capitol Hill. Democratic Senator Elizabeth Warren of Massachusetts again,

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<v Speaker 1>ranking member Senate Banking Committee, Member of the Senate Finance Committee. Senator,

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<v Speaker 1>it's good to see you. Welcome back to Bloomberg TV

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<v Speaker 1>and radio. You sure seem to be top of mind,

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<v Speaker 1>if not top of word, every time the President speaks lately,

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<v Speaker 1>and I want to ask you about your effort to

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<v Speaker 1>quash this bailout as many are calling it for Argentina.

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<v Speaker 1>President said today this is a direct quote, just helping

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<v Speaker 1>a great philosophy take over a great country. We don't

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<v Speaker 1>have to do it, he said, It's not going to

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<v Speaker 1>make a big difference for our country. How many Republicans,

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<v Speaker 1>how many America First Republicans did you get to sign on?

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<v Speaker 2>Yeah, you know, you ask exactly the right question. Donald

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<v Speaker 2>Trump ran for office proclaiming he would do America first. Instead,

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<v Speaker 2>he is sending twenty billion American taxpayer dollars to bail

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<v Speaker 2>out his buddy in Argentina. And he's doing this after

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<v Speaker 2>Argentina has just cozied up to China. And cut a

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<v Speaker 2>deal with China that takes the legs out from underneath

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<v Speaker 2>American soybean farmers. So let me get this straight. Argentina

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<v Speaker 2>hurts American farmers, and the President of the United States

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<v Speaker 2>responds by giving twenty billion dollars to Argentina, plus Secretary

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<v Speaker 2>best saying and a blank check if they need more.

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<v Speaker 2>That's pretty appalling.

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<v Speaker 1>Well, Congress, not have a chance to weigh in outside

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<v Speaker 1>of your legislation. Is this money as good as Argentina's.

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<v Speaker 2>Well, that's what I want to do. I just went

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<v Speaker 2>to the floor of the Senate and introduced the bill

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<v Speaker 2>and ask for unanimous consent that we move it forward,

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<v Speaker 2>and there was an objection. So now I'm just saying

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<v Speaker 2>to the Republicans. Look, you guys have criticized this. I've

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<v Speaker 2>heard Chuck Grassley speak out against it, other senators who

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<v Speaker 2>represent farmers in their home state saying this is a

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<v Speaker 2>terrible idea. Well, you know, this is your chance, not

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<v Speaker 2>just talk, you can actually take action here. The United

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<v Speaker 2>States Senate has the power to say no, we're not

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<v Speaker 2>going to do this, So let's just bring it to

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<v Speaker 2>the floor and vote. Because I feel pretty sure that

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<v Speaker 2>if everybody had a chance in the Senate to vote

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<v Speaker 2>on this, that the answer would be no money to Argentina,

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<v Speaker 2>thank you very much. We'd rather support our farmers and

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<v Speaker 2>families here in America.

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<v Speaker 1>So do you know if you're going to get a vote,

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<v Speaker 1>will this go to the floor.

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<v Speaker 2>You know, the person who determines that is the Republican leader,

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<v Speaker 2>not the Democrats. So all I can do is keep

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<v Speaker 2>raising the alarm about this and asking people all over

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<v Speaker 2>this country to let the Republicans know that we want

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<v Speaker 2>to vote on this. We want to put a stock

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<v Speaker 2>to this. You know, the American soybean farmers have really

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<v Speaker 2>been hurt, and American farmers who are growing other crops

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<v Speaker 2>have been hurt as well, because when Donald Trump has

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<v Speaker 2>done this, tariff's on tariffs off one hundred percent tariffs,

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<v Speaker 2>fifty percent tariffs, twenty percent tariffs. Many many buyers of

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<v Speaker 2>those agriculture products who our farmers spent some of them

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<v Speaker 2>have spent decades developing those markets and those relationships. They said, look,

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<v Speaker 2>if your president is going to impose tariffs on my

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<v Speaker 2>home country, I can't buy your product. And that's putting

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<v Speaker 2>our American farmers under a lot of pressure. The soybean

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<v Speaker 2>farmers in particular, got targeted by China and Argentina. Argentina

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<v Speaker 2>doing a deal with China to cut out American soybean farmers.

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<v Speaker 2>That's just not right and we should not be rewarding

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<v Speaker 2>a country that acts against the interests of the American

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<v Speaker 2>people and the American farmer, and that is exactly what

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<v Speaker 2>Donald Trump is doing.

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<v Speaker 3>Senator I want to turn from Argentina now to Capitol Hill.

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<v Speaker 3>I'm curious if you have spoken to the Minority Leader

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<v Speaker 3>Chuck Schumer about his plans next and what's going on

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<v Speaker 3>with the shutdown and when people can expect to feel

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<v Speaker 3>some relief.

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<v Speaker 2>So I don't talk about private conversations, but let me

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<v Speaker 2>put it this way, Democrats are really clear about what

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<v Speaker 2>we're asking for. We want the Republicans just to roll

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<v Speaker 2>back those cuts that are going to knock fifteen million

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<v Speaker 2>Americans off their healthcare coverage and drive up insurance costs

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<v Speaker 2>for tens of millions more Americans. We're just that's all

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<v Speaker 2>we're asking for here in the Republicans right now literally

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<v Speaker 2>will not even sit down and negotiate. The House is

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<v Speaker 2>out for its fourth week of vacation, so they can't

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<v Speaker 2>even be here to vote, and the Senate just says,

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<v Speaker 2>no talking. You know, that's not how it works in

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<v Speaker 2>a democracy. We're fighting to try to help Americans be

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<v Speaker 2>able to afford their health care. And I'm going to

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<v Speaker 2>be clear, I'm not defending the American healthcare system. I

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<v Speaker 2>think it's badly broken. But what Trump is doing to

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<v Speaker 2>that system, along with the Republicans, is they're going to

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<v Speaker 2>take a creaky, barely functioning system and just smash it apart,

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<v Speaker 2>and that ultimately is going to hurt everybody in this country.

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<v Speaker 2>And we're just we're just trying to push back, say,

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<v Speaker 2>just give people back the coverage they had back in June.

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<v Speaker 2>We're not trying to rewrite the whole system. We're not

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<v Speaker 2>spending any additional money. Just give people what they had

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<v Speaker 2>a few months ago before Donald Trump and the Republicans

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<v Speaker 2>passed that one big, beautiful bill.

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<v Speaker 3>Senator, I do want to turn to your home state

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<v Speaker 3>of Massachusetts right now, in the short time that we

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<v Speaker 3>do have left. President Trump saying today he was very

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<v Speaker 3>critical of the Boston mayor in Facts, saying at one

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<v Speaker 3>point that he would consider pulling the World Cup games

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<v Speaker 3>from Boston. Of course, that is something that is up

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<v Speaker 3>to the head of FIFA. However, are you concerned that

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<v Speaker 3>Boston could be the next target for National Guard troops.

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<v Speaker 2>Let me just start with saying what a terrific job

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<v Speaker 2>Michelle Wu, who is mayor of Boston is doing. In fact,

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<v Speaker 2>she just won in the primary for her reelection which

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<v Speaker 2>comes up in November, by forty nine points, so much

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<v Speaker 2>so that her opponent dropped out. So the people of

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<v Speaker 2>Boston really seem to think that she's doing a pretty

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<v Speaker 2>terrific job. And given that Boston has the lowest crime

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<v Speaker 2>rate of any major city in America, that Michelle Wu

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<v Speaker 2>has done more on affordable housing and to put create

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<v Speaker 2>more childcare slots really tells you why she is much

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<v Speaker 2>respected and often much loved in the city of Boston.

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<v Speaker 2>For Donald Trump to attack her, it seems to me,

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<v Speaker 2>is just a way to say he doesn't like people

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<v Speaker 2>who are not bowing the need to Donald Trump, because

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<v Speaker 2>that's the one thing she has pushed back and said

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<v Speaker 2>to the President of the United States, if you want

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<v Speaker 2>to help make Boston safer, then send us some better

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<v Speaker 2>gun safety laws nationally. We're doing a good job here

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<v Speaker 2>in Massachusetts, but help us out nationally so guns don't

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<v Speaker 2>get imported from elsewhere, help us with health care, help

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<v Speaker 2>us with housing. Those are the things that will help

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<v Speaker 2>make Boston an even better city. Donald Trump doesn't like

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<v Speaker 2>anyone who doesn't bend the knee, so frankly, I'm not

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<v Speaker 2>surprised that he's trying to pick some kind of fight

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<v Speaker 2>with Michelle Wou, but I don't think it's going to work.

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<v Speaker 1>You know, he did say a senator that he thought

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<v Speaker 1>that the mayor was in fact intelligent and smarter than

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<v Speaker 1>some of the other mayors. For what it's worth, I

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<v Speaker 1>put that out there. He was being asked about these

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<v Speaker 1>street takeovers that have taken place, the pro Palestinian protests

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<v Speaker 1>that have in some cases been pretty large scale in Boston.

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<v Speaker 1>I'm just wondering what would be your response, and would

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<v Speaker 1>be what should be Governor Healey's response if Donald Trump

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<v Speaker 1>decides that your hometown is next for National Guard troops.

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<v Speaker 2>Well, so, I just want to be clear on what

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<v Speaker 2>you're talking about. Mayor Wou put out a very strong

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<v Speaker 2>statement about this and said we're not going to do this.

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<v Speaker 2>She's also put out a strong statement when a police

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<v Speaker 2>officer got hurt when there's been a protest. Look, everybody

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<v Speaker 2>has problems. Things happen, But that's why we have our

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<v Speaker 2>local police. That's why we have our state police, and

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<v Speaker 2>they are doing an excellent job. We don't need any

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<v Speaker 2>national troops to come in to somehow flatter Donald Trump's ego.

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<v Speaker 1>Certainly wouldn't be the first time. Would you pursue legal

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<v Speaker 1>action if he did, Senator, Oh yes, Look.

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<v Speaker 2>What Donald Trump is trying to do right now in California,

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<v Speaker 2>in Illinois is pretty clearly illegal, and the courts have

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<v Speaker 2>already said so across the board that he does not

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<v Speaker 2>have the authority to engage in this kind of takeover

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<v Speaker 2>of American city. Same thing for Portland. But this is

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<v Speaker 2>about more than just what is legal. This is about

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<v Speaker 2>Donald Trump trying to find as many ways as possible

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<v Speaker 2>to suppress, to shut up, to hush anyone who disagrees

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<v Speaker 2>with Donald Trump. And that's true whether we're talking about

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<v Speaker 2>mayors of big cities, or we're talking about late night comedians,

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<v Speaker 2>or we're talking about elected officials, Donald Trump cares most

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<v Speaker 2>about using the federal government and its power to silence

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<v Speaker 2>dissent rather than to advance the interests of the American people.

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<v Speaker 2>That is the central problem we have, and it just

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<v Speaker 2>keeps cropping up over and over because Donald Trump wants

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<v Speaker 2>government to serve him personally, not the American people.

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<v Speaker 1>Number one to mince Worth's Democratic Senator Elizabeth Warren at Massachusetts,

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<v Speaker 1>Thank you, senator for joining us on Bloomberg.

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<v Speaker 2>Thank you for having me