1 00:00:00,080 --> 00:00:03,240 Speaker 1: Let's turn our attention now to the U S presidential election. 2 00:00:03,520 --> 00:00:06,520 Speaker 1: Joining me is Mark Halprin. He is the co host 3 00:00:06,559 --> 00:00:09,799 Speaker 1: of All due Respect, co managing editor of Bloomberg Politics, 4 00:00:10,280 --> 00:00:14,280 Speaker 1: and he can be followed on Twitter at Mark Halprin and, 5 00:00:14,400 --> 00:00:17,480 Speaker 1: of course, with all due respect, watch it every week night, 6 00:00:17,640 --> 00:00:22,480 Speaker 1: five pm Wall Street Time on Bloomberg Television and Bloomberg 7 00:00:22,560 --> 00:00:26,840 Speaker 1: nine in Washington, d C. Mark, thank you very much 8 00:00:26,880 --> 00:00:28,920 Speaker 1: for coming in. Uh, I feel a little bad for 9 00:00:28,920 --> 00:00:32,199 Speaker 1: you because now you know you're not going to be 10 00:00:32,280 --> 00:00:35,159 Speaker 1: able to really cover Ted Cruz and John Kasik in 11 00:00:35,200 --> 00:00:36,920 Speaker 1: the same way that you had to follow them on 12 00:00:36,920 --> 00:00:40,240 Speaker 1: a regular basis. What's next for the for the Republicans. 13 00:00:40,280 --> 00:00:43,200 Speaker 1: We'll get to the Democrats in a second. Well, I mean, look, 14 00:00:43,720 --> 00:00:47,320 Speaker 1: this is a relatively late, not unprecedentedly so to be 15 00:00:47,360 --> 00:00:50,519 Speaker 1: down to one candidate, and uh, you're now going to 16 00:00:50,640 --> 00:00:55,000 Speaker 1: have Donald Trump trying to become both simultaneously someone who 17 00:00:55,040 --> 00:00:58,640 Speaker 1: can consolidate the Republican Party and broaden his support to 18 00:00:58,680 --> 00:01:01,440 Speaker 1: win a general election. So watching how Donald Trump, who 19 00:01:01,440 --> 00:01:04,400 Speaker 1: has been one of the most startling presidential candidates we've 20 00:01:04,400 --> 00:01:06,959 Speaker 1: ever seen in a variety of ways, navigate this new 21 00:01:06,959 --> 00:01:09,520 Speaker 1: phase is going to be a pretty big story to cover. Well, 22 00:01:09,560 --> 00:01:13,000 Speaker 1: Mark Halprin, you're jumping right into the who is the 23 00:01:13,080 --> 00:01:16,440 Speaker 1: vice president going to be? Game? You have picked your 24 00:01:16,520 --> 00:01:20,120 Speaker 1: favorite for Donald to be Donald Trump's favorite. Well, I 25 00:01:20,120 --> 00:01:22,200 Speaker 1: think Chris Christi is probably the most likely. But the 26 00:01:22,240 --> 00:01:25,679 Speaker 1: two names that I find most intriguing and strikes fear 27 00:01:25,720 --> 00:01:28,440 Speaker 1: in the hearts of Democrats are Bob Gates, the former 28 00:01:28,480 --> 00:01:32,959 Speaker 1: Defense secretary, and UH the former governor of Indiana, Mitch Daniels. 29 00:01:32,959 --> 00:01:36,399 Speaker 1: Those are two picks that could fundamentally reshaped the race. 30 00:01:36,800 --> 00:01:39,200 Speaker 1: Two guys who would be instantly seen as qualified to 31 00:01:39,240 --> 00:01:42,320 Speaker 1: be president, I believe, and two guys who would send 32 00:01:42,319 --> 00:01:45,240 Speaker 1: a signal from Donald Trump about as seriously he's taking 33 00:01:45,240 --> 00:01:47,920 Speaker 1: the prospect of being president speak if you count a 34 00:01:47,920 --> 00:01:51,120 Speaker 1: little bit more about Robert Gates, former Defense Secretary, and 35 00:01:51,160 --> 00:01:56,160 Speaker 1: a little bit of his political UH Democrat and Republican service. 36 00:01:56,400 --> 00:01:58,360 Speaker 1: One of the greatest public servants of the last fifty 37 00:01:58,400 --> 00:02:01,320 Speaker 1: years in this country. He served Democrat, Cradic and Republican presidents. 38 00:02:01,360 --> 00:02:05,520 Speaker 1: Stayed over as Defense secretary UH from the Bush administration 39 00:02:05,520 --> 00:02:09,080 Speaker 1: to the Clinton, the Obama administration, and I just I 40 00:02:09,120 --> 00:02:13,240 Speaker 1: think uniformly has seen as a respected voice on national security. 41 00:02:13,880 --> 00:02:16,280 Speaker 1: He's done't that much of a portfolio in terms of 42 00:02:16,320 --> 00:02:20,320 Speaker 1: domestic policy. But again, Donald Trump wanted to send a 43 00:02:20,320 --> 00:02:23,160 Speaker 1: signal that he was picking someone who would be seen 44 00:02:23,200 --> 00:02:26,440 Speaker 1: as a qualified to be president, someone who would send 45 00:02:26,440 --> 00:02:29,320 Speaker 1: a signal about his seriousness on national security, responsibility on 46 00:02:29,440 --> 00:02:33,239 Speaker 1: national security. Secretary Gates would would be a huge pick. 47 00:02:33,320 --> 00:02:36,800 Speaker 1: And you know, frankly, Hillary Clinton might consider Bob Gates. 48 00:02:36,800 --> 00:02:39,679 Speaker 1: He is he is considered that both bipartisan and nonpartisan 49 00:02:39,680 --> 00:02:44,079 Speaker 1: a figure. Well, how about a woman? How about condolesaress. 50 00:02:44,120 --> 00:02:49,160 Speaker 1: She has a lot of international experience. Um, she's in case. 51 00:02:49,320 --> 00:02:51,240 Speaker 1: She's a woman, right, if you want to get a 52 00:02:51,240 --> 00:02:53,239 Speaker 1: little more diversity on the ticket, what do you think? 53 00:02:53,680 --> 00:02:56,680 Speaker 1: I think it's unlikely. She's always shied away from electoral politics. 54 00:02:56,680 --> 00:02:59,359 Speaker 1: She's got some very liberal positions on social issues, which 55 00:02:59,400 --> 00:03:02,240 Speaker 1: could be a problem for Trump with the delegates. And 56 00:03:02,480 --> 00:03:05,000 Speaker 1: my guess is she's probably not a huge Trump supporter. 57 00:03:06,680 --> 00:03:10,880 Speaker 1: Talk to us about Bernie Sanders and Hillary Clinton following 58 00:03:11,400 --> 00:03:14,520 Speaker 1: his victory in Indiana yesterday. You know, John Hallman will 59 00:03:14,560 --> 00:03:16,000 Speaker 1: be talking about and I'll be talking about this on 60 00:03:16,120 --> 00:03:19,840 Speaker 1: with all due respect tonight, this issue of why Hillary 61 00:03:19,840 --> 00:03:22,080 Speaker 1: Clinton didn't kind of roll along the way Donald Trump did. 62 00:03:22,160 --> 00:03:24,960 Speaker 1: She's one recent contest, she has momentum. Why do it? 63 00:03:24,960 --> 00:03:26,960 Speaker 1: Was Indiana a loss for her? And why might she 64 00:03:27,000 --> 00:03:29,920 Speaker 1: lose some other upcoming states? Um? This was a state 65 00:03:29,919 --> 00:03:32,639 Speaker 1: whereas Bernie Independence could vote, where Bernie Sanders did very 66 00:03:32,680 --> 00:03:35,280 Speaker 1: well with the kind of demographic groups have done well 67 00:03:35,320 --> 00:03:38,640 Speaker 1: with so far. So this is not change the likelihood 68 00:03:38,640 --> 00:03:41,720 Speaker 1: of his becoming the nominee. It's still beyond long shot 69 00:03:41,760 --> 00:03:45,320 Speaker 1: because of the delegate math. It does not change Hillary 70 00:03:45,320 --> 00:03:49,720 Speaker 1: Clinton's general uh strategy, but it is not ideal for her. 71 00:03:49,840 --> 00:03:52,120 Speaker 1: Be better for her to close this out, and it 72 00:03:52,160 --> 00:03:55,880 Speaker 1: appears now that she'll face electoral contests where she'll have 73 00:03:55,920 --> 00:04:00,520 Speaker 1: to focus to some extent on holding Bernie Sanders at 74 00:04:00,560 --> 00:04:03,640 Speaker 1: bay Um. Back to this question a vice president and 75 00:04:03,640 --> 00:04:06,880 Speaker 1: Donald Trump, Chris CHRISTI, you think a lot of people 76 00:04:06,920 --> 00:04:09,600 Speaker 1: say is the favorite? What seems the problem? That seems 77 00:04:09,600 --> 00:04:13,960 Speaker 1: to me that he's feisty, he's tough. Donald Trump has 78 00:04:13,960 --> 00:04:16,600 Speaker 1: been very feisty and tough, doesn't Donald Trump needs someone 79 00:04:16,640 --> 00:04:19,719 Speaker 1: who will be the you know, the into his yang 80 00:04:19,800 --> 00:04:22,640 Speaker 1: that will balance out Donald Trump and who he is. 81 00:04:23,160 --> 00:04:26,359 Speaker 1: I mean, there's certainly many cases of people who are 82 00:04:26,440 --> 00:04:29,400 Speaker 1: picking running mates who have approached it that way. But 83 00:04:29,600 --> 00:04:32,760 Speaker 1: you only have to go back to when a young 84 00:04:32,880 --> 00:04:38,799 Speaker 1: Southern moderate or Democratic presidential nominee chose a young Southern 85 00:04:38,880 --> 00:04:41,200 Speaker 1: moderate Democrat to be his running mate. When Bill Clinton 86 00:04:41,240 --> 00:04:44,920 Speaker 1: chose al Gore, it reinforced his strengths in a way. 87 00:04:45,200 --> 00:04:50,839 Speaker 1: The alchemy there was pretty powerful. A blunt aggressive, uh 88 00:04:51,360 --> 00:04:55,360 Speaker 1: agent of change might reinforce that message with a blunt 89 00:04:56,000 --> 00:05:01,320 Speaker 1: aggressive agent of change. All Right, Mark Halpern, thank you 90 00:05:01,360 --> 00:05:04,400 Speaker 1: so very much. He is the host of With all 91 00:05:04,480 --> 00:05:08,240 Speaker 1: due respect weeknights at five pm on Bloomberg Television Bloomberg 92 00:05:09,320 --> 00:05:13,400 Speaker 1: in Washington, d C. It's a must see, a must 93 00:05:13,480 --> 00:05:16,680 Speaker 1: listen program. I'm Kathleen Hayes along with PM Foxy's a 94 00:05:16,680 --> 00:05:19,039 Speaker 1: Bloomberg World headquarters, New York City. I'm at the Hoover 95 00:05:19,080 --> 00:05:22,359 Speaker 1: Institution at Stanford University in the Bay Area, home of 96 00:05:22,360 --> 00:05:26,400 Speaker 1: Bloomberg Point one. We're gonna be talking to our stocks 97 00:05:26,520 --> 00:05:29,480 Speaker 1: editor next, Dave Wilson, about his chart of the day. 98 00:05:30,120 --> 00:05:31,840 Speaker 1: This is taking Stock on Bloomberg Radio.