WEBVTT - Bloomberg's Halperin on Kasich, Cruz Exiting Race (Audio)

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<v Speaker 1>Let's turn our attention now to the U S presidential election.

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<v Speaker 1>Joining me is Mark Halprin. He is the co host

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<v Speaker 1>of All due Respect, co managing editor of Bloomberg Politics,

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<v Speaker 1>and he can be followed on Twitter at Mark Halprin and,

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<v Speaker 1>of course, with all due respect, watch it every week night,

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<v Speaker 1>five pm Wall Street Time on Bloomberg Television and Bloomberg

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<v Speaker 1>nine in Washington, d C. Mark, thank you very much

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<v Speaker 1>for coming in. Uh, I feel a little bad for

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<v Speaker 1>you because now you know you're not going to be

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<v Speaker 1>able to really cover Ted Cruz and John Kasik in

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<v Speaker 1>the same way that you had to follow them on

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<v Speaker 1>a regular basis. What's next for the for the Republicans.

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<v Speaker 1>We'll get to the Democrats in a second. Well, I mean, look,

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<v Speaker 1>this is a relatively late, not unprecedentedly so to be

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<v Speaker 1>down to one candidate, and uh, you're now going to

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<v Speaker 1>have Donald Trump trying to become both simultaneously someone who

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<v Speaker 1>can consolidate the Republican Party and broaden his support to

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<v Speaker 1>win a general election. So watching how Donald Trump, who

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<v Speaker 1>has been one of the most startling presidential candidates we've

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<v Speaker 1>ever seen in a variety of ways, navigate this new

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<v Speaker 1>phase is going to be a pretty big story to cover. Well,

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<v Speaker 1>Mark Halprin, you're jumping right into the who is the

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<v Speaker 1>vice president going to be? Game? You have picked your

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<v Speaker 1>favorite for Donald to be Donald Trump's favorite. Well, I

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<v Speaker 1>think Chris Christi is probably the most likely. But the

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<v Speaker 1>two names that I find most intriguing and strikes fear

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<v Speaker 1>in the hearts of Democrats are Bob Gates, the former

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<v Speaker 1>Defense secretary, and UH the former governor of Indiana, Mitch Daniels.

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<v Speaker 1>Those are two picks that could fundamentally reshaped the race.

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<v Speaker 1>Two guys who would be instantly seen as qualified to

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<v Speaker 1>be president, I believe, and two guys who would send

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<v Speaker 1>a signal from Donald Trump about as seriously he's taking

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<v Speaker 1>the prospect of being president speak if you count a

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<v Speaker 1>little bit more about Robert Gates, former Defense Secretary, and

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<v Speaker 1>a little bit of his political UH Democrat and Republican service.

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<v Speaker 1>One of the greatest public servants of the last fifty

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<v Speaker 1>years in this country. He served Democrat, Cradic and Republican presidents.

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<v Speaker 1>Stayed over as Defense secretary UH from the Bush administration

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<v Speaker 1>to the Clinton, the Obama administration, and I just I

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<v Speaker 1>think uniformly has seen as a respected voice on national security.

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<v Speaker 1>He's done't that much of a portfolio in terms of

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<v Speaker 1>domestic policy. But again, Donald Trump wanted to send a

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<v Speaker 1>signal that he was picking someone who would be seen

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<v Speaker 1>as a qualified to be president, someone who would send

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<v Speaker 1>a signal about his seriousness on national security, responsibility on

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<v Speaker 1>national security. Secretary Gates would would be a huge pick.

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<v Speaker 1>And you know, frankly, Hillary Clinton might consider Bob Gates.

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<v Speaker 1>He is he is considered that both bipartisan and nonpartisan

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<v Speaker 1>a figure. Well, how about a woman? How about condolesaress.

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<v Speaker 1>She has a lot of international experience. Um, she's in case.

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<v Speaker 1>She's a woman, right, if you want to get a

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<v Speaker 1>little more diversity on the ticket, what do you think?

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<v Speaker 1>I think it's unlikely. She's always shied away from electoral politics.

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<v Speaker 1>She's got some very liberal positions on social issues, which

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<v Speaker 1>could be a problem for Trump with the delegates. And

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<v Speaker 1>my guess is she's probably not a huge Trump supporter.

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<v Speaker 1>Talk to us about Bernie Sanders and Hillary Clinton following

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<v Speaker 1>his victory in Indiana yesterday. You know, John Hallman will

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<v Speaker 1>be talking about and I'll be talking about this on

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<v Speaker 1>with all due respect tonight, this issue of why Hillary

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<v Speaker 1>Clinton didn't kind of roll along the way Donald Trump did.

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<v Speaker 1>She's one recent contest, she has momentum. Why do it?

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<v Speaker 1>Was Indiana a loss for her? And why might she

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<v Speaker 1>lose some other upcoming states? Um? This was a state

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<v Speaker 1>whereas Bernie Independence could vote, where Bernie Sanders did very

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<v Speaker 1>well with the kind of demographic groups have done well

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<v Speaker 1>with so far. So this is not change the likelihood

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<v Speaker 1>of his becoming the nominee. It's still beyond long shot

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<v Speaker 1>because of the delegate math. It does not change Hillary

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<v Speaker 1>Clinton's general uh strategy, but it is not ideal for her.

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<v Speaker 1>Be better for her to close this out, and it

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<v Speaker 1>appears now that she'll face electoral contests where she'll have

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<v Speaker 1>to focus to some extent on holding Bernie Sanders at

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<v Speaker 1>bay Um. Back to this question a vice president and

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<v Speaker 1>Donald Trump, Chris CHRISTI, you think a lot of people

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<v Speaker 1>say is the favorite? What seems the problem? That seems

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<v Speaker 1>to me that he's feisty, he's tough. Donald Trump has

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<v Speaker 1>been very feisty and tough, doesn't Donald Trump needs someone

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<v Speaker 1>who will be the you know, the into his yang

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<v Speaker 1>that will balance out Donald Trump and who he is.

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<v Speaker 1>I mean, there's certainly many cases of people who are

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<v Speaker 1>picking running mates who have approached it that way. But

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<v Speaker 1>you only have to go back to when a young

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<v Speaker 1>Southern moderate or Democratic presidential nominee chose a young Southern

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<v Speaker 1>moderate Democrat to be his running mate. When Bill Clinton

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<v Speaker 1>chose al Gore, it reinforced his strengths in a way.

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<v Speaker 1>The alchemy there was pretty powerful. A blunt aggressive, uh

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<v Speaker 1>agent of change might reinforce that message with a blunt

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<v Speaker 1>aggressive agent of change. All Right, Mark Halpern, thank you

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<v Speaker 1>so very much. He is the host of With all

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<v Speaker 1>due respect weeknights at five pm on Bloomberg Television Bloomberg

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<v Speaker 1>in Washington, d C. It's a must see, a must

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<v Speaker 1>listen program. I'm Kathleen Hayes along with PM Foxy's a

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<v Speaker 1>Bloomberg World headquarters, New York City. I'm at the Hoover

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<v Speaker 1>Institution at Stanford University in the Bay Area, home of

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<v Speaker 1>Bloomberg Point one. We're gonna be talking to our stocks

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<v Speaker 1>editor next, Dave Wilson, about his chart of the day.

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<v Speaker 1>This is taking Stock on Bloomberg Radio.