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Speaker 1: Bloomberg Audio Studios, podcasts, radio news. You're listening to the

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Speaker 1: Bloomberg Balance of Power podcast. Catch us live weekdays at

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Speaker 1: noon Eastern on Appocarplay and.

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Speaker 2: Then Rouno with the Bloomberg Business app.

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Speaker 1: Listen on demand wherever you get your podcasts, or watch

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Speaker 1: us live on YouTube.

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Speaker 3: Welcome to the middle of the week. You've not quite

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Speaker 3: made it as far as you want to be yet.

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Speaker 3: This has been another week in politics, with each day

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Speaker 3: feeling like.

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Speaker 1: Its own week.

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Speaker 3: We do have a full ticket. We're going to be

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Speaker 3: talking a lot more about the new road show Harris Walls,

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Speaker 3: with some interesting political minds coming up over the course

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Speaker 3: of the next hour. Here's what we can tell you.

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Speaker 3: They're crisscrossing in the Midwest. Harrison Walls in Eau Claire, Wisconsin,

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Speaker 3: an event a couple of hours from now. They're going

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Speaker 3: to be introduced by a dairy and grain farmer. As

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Speaker 3: they try to keep it real, no yet if Tim

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Speaker 3: Wallas is going to be wearing Camo. This evening they

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Speaker 3: go on to Detroit. There's a campaign event there seven o'clock.

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Speaker 3: A first time voter will introduce them all the while

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Speaker 3: jd Vance hot on their heels matching. The travel as

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Speaker 3: we told you already started first in Detroit, like I said,

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Speaker 3: criss crossing. He was in Shelby Township, Michigan. Then on

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Speaker 3: the way to eastern Eau Claire later on, right around

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Speaker 3: the time that Harris and Walls will be there. So

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Speaker 3: the dueling road shows continue here after the big moment

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Speaker 3: last evening, were you with us special extended edition of

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Speaker 3: Balance of Power? We thought it would never end. But

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Speaker 3: of course, in a moment like this, why would we

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Speaker 3: ever stop? Kamala Harris in Philadelphia, the big preamble boy

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Speaker 3: was a who's who of politicians democrats from Pennsylvania. We

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Speaker 3: saw Josh Shapiro bringing the crowd to its feet, Senator

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Speaker 3: Bob Casey, even John Fetterman. I wonder if he met

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Speaker 3: stage at all with Josh Shapiro, and then the Vice

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Speaker 3: President herself. Kamala Harris walks out with Tim Walls, who

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Speaker 3: had his big moment in a crowd that was lapping

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Speaker 3: it up. Here is the governor from Minnesota on his

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Speaker 3: first day on the ticket.

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Speaker 4: Donald Trump's not fighting for you or your family, he

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Speaker 4: never said.

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Speaker 1: At that kitchen table like the one I grew up at,

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Speaker 1: wondering how we were going to pay the bills. He said,

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Speaker 1: his country club up in mar Lago, wondering how he

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Speaker 1: can cut taxes for his rich friends.

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Speaker 3: You can take my word for it. He got the

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Speaker 3: crowd in a lather. Now, we spent a lot of

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Speaker 3: time yesterday. He talked to Brad Howard. We talked to

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Speaker 3: a number of Democratic strategists about this moment for the party,

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Speaker 3: the way Democrats would be framing this new entrance, a

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Speaker 3: new entrant to the race. And we want to get

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Speaker 3: a better sense of the Republican messaging that we're seeing now,

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Speaker 3: as we've heard. Dangerously liberal is how the Trump campaign

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Speaker 3: is billing Tim Walls, along with of course Amala Harris.

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Speaker 3: But this is still evolving. And we're joined now by

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Speaker 3: Charlie Dent, former Republican congressman from none other than Pennsylvania.

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Speaker 3: He has a very good sense of the conversation that's

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Speaker 3: going on right here as also senior advisor of our

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Speaker 3: Republican legacy. Charlie, it's great to have you back on Bloomberg.

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Speaker 3: Thanks for joining us. Is Tim Walls dangerously liberal? No?

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Speaker 5: I probably wouldn't describe him that way. I know Tim Walls,

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Speaker 5: I know him well, I served him. We traveled to

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Speaker 5: Afghanistan together as a member of as members of Congress,

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Speaker 5: Afghanistan and Iraq. He was very committed to veterans issues,

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Speaker 5: defense issues, certainly agriculture.

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Speaker 6: He was.

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Speaker 5: He represented him more I'll say a slightly in Republican district.

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Speaker 5: So he was fairly moderate as a as a member

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Speaker 5: of the House. I think he's a bit more progressive

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Speaker 5: as a governor. I think it's fair to say that

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Speaker 5: Tim Walls is certainly more progressive than Josh Shapiro and

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Speaker 5: Mark Kelly, but he's not a wild eye progressive either,

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Speaker 5: you know, like Omar and some of the others that

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Speaker 5: you could think about. My quick take on it, and

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Speaker 5: I think that in many respects, Republicans are breathing a

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Speaker 5: sigh of relief that Kamala Harris had not select Josh

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Speaker 5: Shapiro for a variety of reasons.

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Speaker 3: Well, that's interesting. Donald Trump this morning on Fox and

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Speaker 3: Friends says he was delighted to learn that it's Tim

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Speaker 3: Walls fulfilling the scenario that you're outlining here. Does Tim

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Speaker 3: Walls actually make the job easier or we just given

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Speaker 3: way too much credit to the running mate on both.

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Speaker 5: Sides well, I think that's the which says is true

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Speaker 5: that most people really don't base their votes for president

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Speaker 5: on the vice presidential selection.

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Speaker 7: Tim Walls does no harm to the.

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Speaker 5: Democrats, and you know, and I think he'll probably be

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Speaker 5: an effective attack dog for Kamala Harris.

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Speaker 7: But does she really does he really bring any.

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Speaker 5: Additional votes to Pennsylvania. No, he doesn't. It doesn't bring

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Speaker 5: any votes to Kamala Harris as far as I can tell.

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Speaker 5: You know, Shapiro, of course, would have been a much

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Speaker 5: more formable opponent for Trump in vance in Pennsylvania because

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Speaker 5: on the margins, I think Shapiro could have helped Harris

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Speaker 5: considerably in the Philadelphia media market and on the margins.

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Speaker 5: And this game is going to be won or lost

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Speaker 5: on the margins. And so that's why I think Republicans

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Speaker 5: are relieved. Because Shapiro had a more centrist view of

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Speaker 5: the world. And what's remarkable is do all the attacks

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Speaker 5: against Josh Shapiro were coming from the far left. All

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Speaker 5: they were doing was centering him and frankly her, but

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Speaker 5: she chose not to. And plus, of course, Kamala Harris

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Speaker 5: came out for a fracking ban in twenty twenty, which

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Speaker 5: is not going to help her, particularly in western Pennsylvania.

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Speaker 5: In other parts of northern Pennsylvania, the natural gas is

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Speaker 5: such a big part of the economy, and of course

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Speaker 5: Pennsylvania's the second largest natural gas producing state in the

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Speaker 5: nation after Texas.

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Speaker 7: So yeah, Republicans are breathing aside of relief.

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Speaker 5: But I don't think Vance or Walls are going to

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Speaker 5: make a determination on the outcome of this election. It's

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Speaker 5: all about Donald Trump and it's all about common Will

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Speaker 5: Harris at this point.

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Speaker 3: Yeah, fascinating. She did change her position on the fracking thing.

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Speaker 3: I don't know if that matters or if anyone's listening

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Speaker 3: in Pennsylvania, but give us a sense of what your

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Speaker 3: home state is thinking here, because part of the Democratic

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Speaker 3: narrative yesterday Congressman was that Tim Walls might not be

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Speaker 3: from Pennsylvania, he might not be able to deliver the

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Speaker 3: electoral votes, but he can speak to Pennsylvania that it's

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Speaker 3: the personality, the character, the tone that will carry the

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Speaker 3: ticket straight across the rust Belt.

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Speaker 1: Do you buy that?

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Speaker 5: Well, I think they may want to try to deploy

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Speaker 5: Tim Walls in Pennsylvania, Michigan, in Wisconsin. It may be

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Speaker 5: in some areas where Democrats struggle and thinking that he

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Speaker 5: might be able to help them cut down in the margins.

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Speaker 5: But as I said, I just don't think that the

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Speaker 5: second that the second fiddle is really going to determine

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Speaker 5: the votes. I mean, Republicans are going to relentlessly attack this,

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Speaker 5: this ticket of Harris, of Harris Waltz as being you know, toold.

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Speaker 2: Though.

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Speaker 5: They'll certainly go after Tim Waltz on Minneapolis burning in twenty.

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Speaker 7: Twenty but I yeah, but sure they're going to try to.

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Speaker 5: Deploy Tim Waltz in areas that where Democrats may struggle

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Speaker 5: a bit and they think they can cut down in

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Speaker 5: the margins. I don't know how successful they will be.

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Speaker 5: If you if you look at the map of Minnesota

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Speaker 5: where Tim Waltz, how he performed in twenty twenty two,

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Speaker 5: he and Joe Biden, I think, performed about the same

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Speaker 5: in the same cant They won the same counties. And

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Speaker 5: I keep looking back at Pennsylvania. I look at the

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Speaker 5: you know, Josh Shapiro won a lot oft won a

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Speaker 5: lot of counties that Donald Trump did, and that's where

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Speaker 5: I kept looking at this. Oh, this is all about

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Speaker 5: crossover voters. So my my ruthlessly pragmatic political mind. I'm thinking, well,

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Speaker 5: why would you just select a guy who can help

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Speaker 5: you deliver the state you must win? You know, Pennsylvania

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Speaker 5: is the whole ballgame for kam La Harris. She loses Pennsylvania,

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Speaker 5: she loses the election. So I thought, oh, Shapiro's easy

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Speaker 5: because he had a lot of crossover appeal. A lot

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Speaker 5: of Trump voters voted for Shapiro. So I thought this

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Speaker 5: was a pretty straightforward case. But that's not where we are.

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Speaker 5: And I just don't think, like I said, Waltz does

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Speaker 5: no harm. He's a good he's a decent, he's an

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Speaker 5: honorable man. He'll be an effective attacker for Harris. But

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Speaker 5: I just don't see where he brings the additional votes

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Speaker 5: that Harris didn't already. That doesn't bring any vance, doesn't

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Speaker 5: bring anything either that Trump didn't already have. In fact,

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Speaker 5: he can make a case Van's probably a bit of

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Speaker 5: a liability to Trump at this point.

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Speaker 3: That's been the narrative recently as well. I'm just compelled

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Speaker 3: by the two characterizations that we're seeing here. Maybe you

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Speaker 3: can help me rationalize them. You know what Democrats say,

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Speaker 3: he's a coach, right, he was a teacher Army National guardsman,

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Speaker 3: became a congressman. Rural he's a hunter, right, we heard

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Speaker 3: a lot about that yesterday. He's a sportsman. Well, we're

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Speaker 3: hearing from Republicans. Is he turned his state into a

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Speaker 3: trans refuge, that Minnesota was a sanctuary state for immigrants,

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Speaker 3: that he wanted to give Eagles driver's licenses. And by

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Speaker 3: the way, while he's at it, the campaign manager for

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Speaker 3: Donald Trump, Chris las Savita, is now fan in the

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Speaker 3: flames that he bailed on his military service, almost like

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Speaker 3: a swift boat kind of a routine. Is any of

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Speaker 3: that real? Should Democrats be acknowledging this?

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Speaker 2: Well?

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Speaker 5: I think the attack on his service record is a

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Speaker 5: fool's errand I mean, he served honorably in the National Guard.

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Speaker 5: They should leave it alone and thank him for his service.

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Speaker 7: So yeah, look, if the Trump campaign has been.

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Speaker 5: Fairly disciplined this time out of the gate, of course,

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Speaker 5: Donald Trump is not very disciplined, and he runs off

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Speaker 5: on tangents. And I think the Trump campaign would be

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Speaker 5: well served to keep this election focused on the issues

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Speaker 5: on inflation, on the border, and even on crime. I

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Speaker 5: think they can make a strong case against the Democrats.

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Speaker 5: I don't think they need to get.

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Speaker 7: Into these kinds of personal attacks.

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Speaker 5: I mean, I saw some something to suggest are going

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Speaker 5: to attack him on abortion.

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Speaker 7: Well okay, well guess what.

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Speaker 5: Walls and the Democrats are in a better place on

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Speaker 5: abortion than the Republicans are, So I'm not sure that's

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Speaker 5: an effective attack. Again, I'm not so sure that these

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Speaker 5: attacks on transgender people are really going.

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Speaker 7: To be that effective either.

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Speaker 5: I think they're much better talking about the economy, inflation, reporter,

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Speaker 5: and crime. But they need to be disciplined about it.

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Speaker 5: Going off on these tangents and making you know, wild accusations,

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Speaker 5: criticizing his service record, and going after Kamala Harris Is

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Speaker 5: saying she turned black. You know, this is absurd and

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Speaker 5: it's actually very damaging to the Republican effort.

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Speaker 7: I think that's what Charlie, Republicans.

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Speaker 3: It's great to have you back, sir, with the view

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Speaker 3: from Pennsylvania former Republican Congressman Charlie Dent On Bloomberg.

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Speaker 1: You're listening to the Bloomberg Balance of Power podcast Ken

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Speaker 1: Just Live weekdays at noon Eastern on Applecarplay and then

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Speaker 3: A lot of people, I hear a lot of people

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Speaker 3: are making a habit of it. Donald Trump's been hearing

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Speaker 3: things too, casting about on truth social as we were

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Speaker 3: preparing to hear from Kamala Harris and Tim Wallas last night.

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Speaker 3: He writes, what are the chances it's got? Anything that

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Speaker 3: starts with what are the chances has got to be good.

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Speaker 3: That crooked Joe Biden, the worst president in the history

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Speaker 3: of the US, whose presidency was unconstitutionally stolen from him

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Speaker 3: by is it camabla he's calling. I don't even know

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Speaker 3: what that is anymore. He's comabla, all right? Fast forward?

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Speaker 3: What are the chances? He crashes the Democrat National Convention,

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Speaker 3: he writes and tries to take back the nomination, beginning

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Speaker 3: with challenging me to another debate. I wonder what was

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Speaker 3: for dinner last night or for lunch at mar A Lago.

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Speaker 3: Lisa Kamuso Miller is with us, so I want her

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Speaker 3: impression on this new ticket and exactly what's going to

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Speaker 3: happen with the chances of a debate not with Joe

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Speaker 3: Biden but with Kamala Harris, Lisa, are you hearing this too?

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Speaker 3: Joe Biden wants back in Hi.

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Speaker 6: No, No, I'm not. I think that that's a lot

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Speaker 6: of wish casting on the side of the former president.

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Speaker 6: I think he's wishing that maybe he could go back

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Speaker 6: to the original ticket that he had to debate, because

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Speaker 6: I think that he's in for a bit of a

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Speaker 6: challenge when it comes to standing next to Kamala Harris

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Speaker 6: on that debate stage.

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Speaker 3: Well, what are you thinking about the new ticket? We

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Speaker 3: haven't had a chance to talk it out since certainly

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Speaker 3: they appeared in public, or since it was just my god,

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Speaker 3: that was just yesterday. Oh my god, it was announced yesterday.

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Speaker 3: I was going to say it like a week ago. Yes,

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Speaker 3: all right. So you've seen them in concept on paper,

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Speaker 3: now you've seen them on stage as well, and that

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Speaker 3: was quite a rally for these two last night, the

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Speaker 3: biggest crowd they've seen yet, Lisa, A lot of folk

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Speaker 3: thought this was going to be Josh Shapiro, what do

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Speaker 3: you make.

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Speaker 2: Of the pick?

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Speaker 6: You know, if you'd asked me yesterday morning, I might

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Speaker 6: have said that I thought that it was a bit

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Speaker 6: of a ho hum announcement. But boy, I watched that

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Speaker 6: event yesterday with her announcement and announcing Governor Walls, and

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Speaker 6: I was surprised and impressed with his approach. I felt

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Speaker 6: like he really spoke to some of the issues that

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Speaker 6: people are looking for guidance on, that are really looking

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Speaker 6: for leadership on. And as much as I'm talking to

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Speaker 6: my friends on the Republican side, I'm talking to a

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Speaker 6: lot of political people in general that are starting to

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Speaker 6: point out that perhaps that this has now become a

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Speaker 6: race between the two bases because the issues. As much

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Speaker 6: as Governor Walls really does have a point of view

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Speaker 6: that sounds a lot like a Republican in some ways

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Speaker 6: and manner, he also has been very much in favor

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Speaker 6: of some progressive points of view that I think that

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Speaker 6: the Republican ticket will now take and turn in a

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Speaker 6: way to try try to separate the two tickets in

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Speaker 6: a base versus base contest. And I think that that's

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Speaker 6: what we're going to see over the course of the

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Speaker 6: next ninety days.

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Speaker 3: All Right, this is really important. This is why we

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Speaker 3: wanted Lisa to join us here because you can paint him.

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Speaker 3: I've heard this all over the last twenty four hours

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Speaker 3: in some part right here at this desk, Lisa, that

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Speaker 3: he's a moderate, or you can paint him as a

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Speaker 3: dangerous liberal, another progressive as we're hearing from Donald Trump.

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Speaker 3: And there's quite a line up here right look at

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Speaker 3: his record as governor Minnesota, sanctuary state, a trans refuge

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Speaker 3: according to the AP, menstrual sanitation products available in boys bathrooms,

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Speaker 3: illegals getting driver's licenses. This makes a hell of a campaign,

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Speaker 3: at Lisa, That's what we're going to hear for the

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Speaker 3: next couple of months.

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Speaker 6: Yes, and we've known this, Joe, You and I've talked

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Speaker 6: about this a dozen times before. This is going to

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Speaker 6: be the nastiest race, even more now because the fight

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Speaker 6: really comes down to that fight for the middle, that

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Speaker 6: fight for who gets that coveted center right and center

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Speaker 6: left voting block. And it's become so much more narrow

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Speaker 6: than ever before. And so that just means that the

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Speaker 6: base will definitely be with Harris, maybe more so than

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Speaker 6: folks that were going to be with Joe Biden because

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Speaker 6: they were concerned about his ability to lead at this

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Speaker 6: late state in his life, but also to now the

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Speaker 6: base is firmly behind Donald Trump and JD. Vance and

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Speaker 6: this too, Joe, what I've said now over the course

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Speaker 6: of the last couple of hours of folks is it

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Speaker 6: becomes a popularity contest who is more likable and who

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Speaker 6: is more perceived as the one who can work across

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Speaker 6: the aisle to get things done, because people, regardless of

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Speaker 6: where they feel about progressive issues or conservative issues, in

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Speaker 6: the middle is where the race will be won. And

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Speaker 6: there'll be a race over a very very narrow margin.

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Speaker 6: And that's the one where folks can say who can

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Speaker 6: work across the aisles, who can get the job done,

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Speaker 6: and who also really brings the temperature back down in

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Speaker 6: the US because the temperature in terms of the dialogue,

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Speaker 6: in terms of the fighting, the vitriol is really so

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Speaker 6: high that people are just exhausted and they're looking for

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Speaker 6: some reprieve. And after watching last night right now, if

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Speaker 6: the race we're between the two in a popularity contest

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Speaker 6: in terms of who's more likable, it sure looks like

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Speaker 6: the Democratic ticket is going to win over the Republican

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Speaker 6: ticket if that were the foundation of what the folks

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Speaker 6: are looking to vote for.

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Speaker 3: The Center for Effective Lawmaking ranked him the seventh number

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Speaker 3: seven most bipartisan member of the House during his final

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Speaker 3: year in Congress to your point, Lisa, but we're going

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Speaker 3: to be hearing a lot about swift voting, and I'm

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Speaker 3: curious where you see this going. Chris Lsovita, the co

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Speaker 3: campaign manager for Donald Trump, has been fanning the flames

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Speaker 3: on this, and he knows a little bit about it,

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Speaker 3: having done this to John Carry. Remember swift vote, veterans

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Speaker 3: for truth. We're talking about how Tim Walls quote unquote

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Speaker 3: bailed on his military service, that he quit the National

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Speaker 3: Guard in two thousand and five to run for governor

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Speaker 3: on the eve essentially of his being called up to

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Speaker 3: deploy to Iraq? Is that a fair line of attack?

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Speaker 3: Will we hear more about it?

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Speaker 4: Isn't that? Joe?

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Speaker 6: Not to interrupt, but isn't that rich? Because I know

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Speaker 6: a lot of folks that serve in Vietnam that are

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Speaker 6: happy to talk about how Donald Trump was a draft dodger.

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Speaker 6: So I don't think we have a lot of room

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Speaker 6: to wiggle on this side. I don't think that that's

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Speaker 6: one that's going to be a winnable point of view.

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Speaker 6: They can talk about that swift boat all day long,

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Speaker 6: but the truth is is that he is a veteran

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Speaker 6: and he has served in a way that the ticket

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Speaker 6: on the Republican side has not, and that to me,

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Speaker 6: is a very tricky slope to go down, and it's

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Speaker 6: one that I think will not necessarily work in their

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Speaker 6: favor because there are a lot of veterans that really

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Speaker 6: feel like Donald Trump was not necessarily honest about his

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Speaker 6: own ability to serve when time came for him to

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Speaker 6: do that.

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Speaker 3: Yeah, picking through the talking points here with the person

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Speaker 3: who used to run communications at the RNC, I want

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Speaker 3: to ask you about this debate because everyone is looking

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Speaker 3: forward to it happening. Until this morning, didn't really think

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Speaker 3: it would. But Donald Trump got on Fox and Friends.

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Speaker 3: You know, he gets on the phone. They let him

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Speaker 3: go for like a half an hour. Well, it sure

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Speaker 3: sounds like there's going to be a debate.

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Speaker 8: Now.

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Speaker 3: Listen to what he said.

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Speaker 9: I don't know how she debates, he hears she's sort

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Speaker 9: of a nasty person, but not a good debater. But

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Speaker 9: we'll see, because we'll be debating her, I guess in

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Speaker 9: the pretty dear future. It's going to be announced fairly soon,

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Speaker 9: but we'll be debating her. I'd like to see it

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Speaker 9: on Fox. By the way, when he was.

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Speaker 3: Asked what about ABC, he did the whole Sloppala Doppolis

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Speaker 3: thing and insulted everybody there but said, hey, takes two

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Speaker 3: to tango. Sounds like the former president believes he needs

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Speaker 3: to debate Kamala Harris, Lisa, what do you think you know?

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Speaker 6: I'll believe it when I see it.

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Speaker 2: Joe.

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Speaker 6: I think anybody in that camp would know that she

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Speaker 6: is a very skilled debater. She was a litigator, she

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Speaker 6: was an Aterurney general, She did very well in the debates,

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Speaker 6: even on the Democratic side. She has been coached, and

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Speaker 6: she herself is very disciplined in the way that she

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Speaker 6: responds and reacts. I mean, the last time we saw

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Speaker 6: Donald Trump on stage, he was very much offensive to

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Speaker 6: everyone in the audience, and I suspect that unless they're

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Speaker 6: very careful about the way he debates a woman, it's

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Speaker 6: really going to be one of those things that will

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Speaker 6: be jarring and very much not helpful to his campaign.

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Speaker 6: Calling a female nasty is just playing wrong and just

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Speaker 6: playing it smacks in the face of the way that

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Speaker 6: Donald Trump has carefully and not so carefully conducted himself

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Speaker 6: when he's in a debate with someone that doesn't look

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Speaker 6: exactly like him, and that I think is one that

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Speaker 6: he absolutely needs to be very careful about in his campaign.

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Speaker 6: I'm sure with the talent that's in that room, they

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Speaker 6: are doing the same. They are very cautious and very

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Speaker 6: thoughtful about how that's going to look.

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Speaker 3: I'll be very curious to hear the nickname that he

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Speaker 3: settles on for Tim Walls. Big picture, Lisa, with your

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Speaker 3: Republican hat on, does this not make it easier for

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Speaker 3: the Trump vance ticket than it will have been with

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Speaker 3: Josh Shapiro as a running mate.

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Speaker 6: Yeah, I think it does. I mean, I think Governor

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Speaker 6: Shapiro definitely was a pick that folks thought was one

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Speaker 6: that made good political sense. I'm sure that the friends

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Speaker 6: of mine who are in the polling world would tell

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Speaker 6: me that it doesn't necessarily make a difference. But I

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Speaker 6: do think though the fact that Governor Walls has this

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Speaker 6: credibility in Middle America and has definitely got the bona fides.

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Speaker 6: The debate to me that is going to be most

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Speaker 6: interesting to watch is the one that we're going to

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Speaker 6: see between the two vice presidential candidates. So as much

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Speaker 6: as I like to think that this pick is one

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Speaker 6: that gives a little bit more of an advantage to

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Speaker 6: the Republican ticket than one with Governor Shapiro. I also

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Speaker 6: think that ninety days, as much as you and I know,

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Speaker 6: could go very quickly. It's also the kind of thing

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Speaker 6: that a lot of mischief and a lot of pitfalls

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Speaker 6: are before us before we get done.

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Speaker 3: Just think of what we're going to go through together

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Speaker 3: for the next and ninety days. Let's see if there

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Speaker 3: is a vice presidential debate. I sure hope, silly. So

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Speaker 3: it's great to have you back, Si Kimussa Miller with

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Speaker 3: an extended conversation. I was looking forward to that. Former

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Speaker 3: RNC communications director and of course host of the Friday

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Speaker 3: Reporter podcast and a dear friend of the program.

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Speaker 1: You're listening to the Bloomberg Balance of Power podcast. Catch

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Speaker 1: us live weekdays at noon Eastern on Apple car Play

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Speaker 1: and then Proudoto.

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Speaker 2: With the Bloomberg Business app.

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Speaker 1: Listen on demand wherever you get your podcasts, or watch

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Speaker 1: us live on YouTube.

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Speaker 10: Heeley Lines of Joe, Matthew and Washington and the newly

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Speaker 10: minted Democratic ticket on the road somewhere in the skies

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Speaker 10: on the way to Wisconsin and of course later Michigan. Today,

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Speaker 10: but yesterday they launched the Harris Waaltz campaign officially in

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Speaker 10: Philadelphia at a rally at Temple University, which drew some

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Speaker 10: ten thousand people. We brought coverage of that for you

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Speaker 10: live here on Bloomer TV and radio. You could hear

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Speaker 10: often the exuberance in the room as both the current

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Speaker 10: vice president Kamala Harris, and then that she would like

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Speaker 10: to serve as her vice president, Tim Walls spoke. Here's

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Speaker 10: a little taste of what Harris told the assembled crowd.

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Speaker 4: I got some mark to do.

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Speaker 11: We need to move to the general election and win that.

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Speaker 11: And to all the friends listen, we also need to

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Speaker 11: level set. We are the underdogs in this race, but

438
00:22:25,080 --> 00:22:29,439
Speaker 11: we have the momentum and I know exactly what we

439
00:22:29,480 --> 00:22:30,920
Speaker 11: are up against.

440
00:22:32,560 --> 00:22:35,320
Speaker 3: Kamala Harris with her new running mate at her side

441
00:22:35,400 --> 00:22:38,960
Speaker 3: in Philadelphia late yesterday. As Kaylie mentioned, we brought you

442
00:22:39,000 --> 00:22:41,280
Speaker 3: special coverage to what turned out to be a pretty

443
00:22:41,320 --> 00:22:44,040
Speaker 3: long event there for the two and the grand unveiling.

444
00:22:44,080 --> 00:22:46,639
Speaker 3: And that's where we start our conversation right now with

445
00:22:46,720 --> 00:22:50,240
Speaker 3: Adrianna Loencron reporting on the campaign for Bloomberg has endured

446
00:22:50,320 --> 00:22:53,080
Speaker 3: many of these rallies and has many more booked. Hadrian,

447
00:22:53,200 --> 00:22:55,640
Speaker 3: it's great to see you when we consider I hate

448
00:22:55,640 --> 00:22:57,080
Speaker 3: to do this every time you come in here, but

449
00:22:57,160 --> 00:22:59,960
Speaker 3: the amount of stuff that has happened and that you've

450
00:23:00,040 --> 00:23:02,520
Speaker 3: witnessed firsthand, and I guess the last three weeks now

451
00:23:02,560 --> 00:23:06,119
Speaker 3: since the attempted assassination is just remarkable. It's going to

452
00:23:06,200 --> 00:23:08,480
Speaker 3: take us a long time, I feel like to unpack this,

453
00:23:09,400 --> 00:23:11,320
Speaker 3: to rebuild it in our heads and really figure out

454
00:23:11,320 --> 00:23:14,000
Speaker 3: what happened. But you're tasked with writing the first draft

455
00:23:14,000 --> 00:23:18,000
Speaker 3: of history here, and you've got a new campaign that

456
00:23:18,160 --> 00:23:22,240
Speaker 3: is bringing an enormous amount of enthusiasm that I'm guessing

457
00:23:22,240 --> 00:23:24,320
Speaker 3: you were not seeing at Joe Biden events before.

458
00:23:24,840 --> 00:23:28,280
Speaker 12: Absolutely. I mean I was at the Harris rally. It

459
00:23:28,359 --> 00:23:31,640
Speaker 12: was the first one since he had gotten the pledged

460
00:23:31,760 --> 00:23:35,359
Speaker 12: number of delegates to be the presumptive Democratic nominee, and

461
00:23:35,440 --> 00:23:38,520
Speaker 12: the atmosphere was definitely different. Everyone is saying the vibe

462
00:23:38,600 --> 00:23:42,600
Speaker 12: is shifting. That's apparently the terms we're using. But essentially,

463
00:23:42,600 --> 00:23:44,719
Speaker 12: you know, and I speak to voters everywhere I go,

464
00:23:44,800 --> 00:23:47,199
Speaker 12: whether it's Trump, it's Biden, it's terrorists, and these are

465
00:23:47,200 --> 00:23:49,720
Speaker 12: people who are now excited because it's not just they're

466
00:23:49,800 --> 00:23:53,720
Speaker 12: voting against someone, it's they're voting for someone, And this

467
00:23:53,800 --> 00:23:56,239
Speaker 12: is something that I think even everyone was kind of

468
00:23:56,240 --> 00:23:59,720
Speaker 12: wondering about. Would the Democratic Party coalesce behind one person?

469
00:24:00,040 --> 00:24:03,360
Speaker 12: There'd be more division until we finally get maybe even

470
00:24:03,400 --> 00:24:05,840
Speaker 12: all the way up to the convention. And so having

471
00:24:05,920 --> 00:24:08,240
Speaker 12: someone that the party is rallying around, having now a

472
00:24:08,280 --> 00:24:11,480
Speaker 12: new VP whom the party is rallying around, you're definitely

473
00:24:11,520 --> 00:24:13,040
Speaker 12: feeling that in the air well.

474
00:24:13,080 --> 00:24:15,200
Speaker 10: But there's something to be said about a honeymoon period

475
00:24:15,320 --> 00:24:17,960
Speaker 10: or a sugar rush, if you will, Hedriana, this is

476
00:24:18,000 --> 00:24:20,800
Speaker 10: all incredibly new. We're talking a campaign that's just over

477
00:24:20,880 --> 00:24:23,680
Speaker 10: two weeks old. How do they sustain this momentum? What's

478
00:24:23,720 --> 00:24:24,080
Speaker 10: the plan?

479
00:24:24,640 --> 00:24:28,360
Speaker 12: Absolutely and as you said, it's a great honeymoon, let's

480
00:24:28,359 --> 00:24:29,919
Speaker 12: just start with that. I mean they're bringing in a lot.

481
00:24:29,960 --> 00:24:31,879
Speaker 12: I think it's now thirty six million or something. Sent

482
00:24:32,000 --> 00:24:34,639
Speaker 12: Waltz was on the ticket even before that. The fundraising

483
00:24:34,680 --> 00:24:37,600
Speaker 12: has a clipped Trump. Where before we saw what wasn't

484
00:24:37,640 --> 00:24:40,680
Speaker 12: advantage for Biden. Actually now the Trump was the Trump

485
00:24:40,720 --> 00:24:43,359
Speaker 12: campaign was going beyond that. Now we're seeing the tables

486
00:24:43,400 --> 00:24:45,800
Speaker 12: turn and the pulling turns. But I think what's important

487
00:24:45,800 --> 00:24:48,240
Speaker 12: now is it's not just the money that's coming in

488
00:24:48,680 --> 00:24:51,360
Speaker 12: but it's really looking at the map, and so having

489
00:24:51,720 --> 00:24:54,440
Speaker 12: Harris now at the top of the ticket, having Walls,

490
00:24:54,440 --> 00:24:57,440
Speaker 12: who brings in kind of the Midwestern appeal, there are

491
00:24:57,480 --> 00:25:00,800
Speaker 12: way more states in play, so so again we're looking

492
00:25:00,840 --> 00:25:03,639
Speaker 12: at these swing states. Both you know, Vance on the

493
00:25:03,880 --> 00:25:06,800
Speaker 12: Trump campaign and Harris. They're going on these swing state

494
00:25:06,880 --> 00:25:09,200
Speaker 12: tours and we're really going to see how they're able

495
00:25:09,280 --> 00:25:11,760
Speaker 12: to appeal to all of the different voters.

496
00:25:11,800 --> 00:25:12,040
Speaker 2: Here.

497
00:25:12,320 --> 00:25:14,520
Speaker 3: What's Donald Trump's schedule look like right now? Because I

498
00:25:14,520 --> 00:25:17,720
Speaker 3: find it interesting that you've got Kamala Harris and sim Walls.

499
00:25:17,720 --> 00:25:20,399
Speaker 3: You've got the full ticket, going to Eau Claire today,

500
00:25:20,440 --> 00:25:21,680
Speaker 3: going to Detroit today.

501
00:25:21,760 --> 00:25:22,000
Speaker 7: JD.

502
00:25:22,200 --> 00:25:25,240
Speaker 3: Vance is doing a solo tour across the Midwest right now,

503
00:25:25,880 --> 00:25:27,960
Speaker 3: without the top of the ticket with him. Doesn't everyone

504
00:25:27,960 --> 00:25:29,760
Speaker 3: want to see Donald Trump? What's that all about?

505
00:25:30,359 --> 00:25:30,560
Speaker 2: Right?

506
00:25:30,640 --> 00:25:33,720
Speaker 12: I mean, Trump is definitely down a bit this week.

507
00:25:33,840 --> 00:25:36,520
Speaker 12: I'm going to be with him in Montana on Friday,

508
00:25:36,520 --> 00:25:38,680
Speaker 12: which is not the most traditional place that you would think,

509
00:25:38,720 --> 00:25:41,960
Speaker 12: but there is of course a competitive congressional race going

510
00:25:42,040 --> 00:25:44,959
Speaker 12: on there and we'll likely see him touch on that.

511
00:25:45,160 --> 00:25:48,199
Speaker 12: But I think he's kind of giving Vance this opportunity

512
00:25:48,280 --> 00:25:49,960
Speaker 12: to shine. I think also the way it kind of

513
00:25:50,000 --> 00:25:52,920
Speaker 12: lines up with Walls, you know, being introduced to the

514
00:25:52,960 --> 00:25:55,440
Speaker 12: Democratic ticket. Now the attention is kind of on both

515
00:25:55,440 --> 00:25:58,000
Speaker 12: of them, and usually you know, I have people telling me, oh,

516
00:25:58,440 --> 00:26:01,960
Speaker 12: vps don't really have to have too much of an impact,

517
00:26:02,080 --> 00:26:04,080
Speaker 12: But I think everyone is still looking at them. They

518
00:26:04,160 --> 00:26:07,159
Speaker 12: kind of know Trump already, they know Harris in the

519
00:26:07,200 --> 00:26:09,679
Speaker 12: sense of they know her as VP. Obviously she has

520
00:26:09,720 --> 00:26:11,520
Speaker 12: to come figure out how she's going to separate from

521
00:26:11,560 --> 00:26:14,359
Speaker 12: Biden or you know, the opposite of that. There's kind

522
00:26:14,359 --> 00:26:16,920
Speaker 12: of a tricky balance there. But in terms of these tvps,

523
00:26:16,920 --> 00:26:19,720
Speaker 12: they're relatively new generally to the public, and so this

524
00:26:19,760 --> 00:26:21,600
Speaker 12: is kind of their chance, and there's definitely a test.

525
00:26:21,640 --> 00:26:24,080
Speaker 12: We know Vance has come under fire for some comments

526
00:26:24,080 --> 00:26:26,120
Speaker 12: as of late. You know, we may see the same

527
00:26:26,160 --> 00:26:28,720
Speaker 12: with Walls. Things maybe you know, come up, it's this

528
00:26:28,760 --> 00:26:30,360
Speaker 12: is the time for this is their introduction.

529
00:26:30,520 --> 00:26:32,800
Speaker 10: Let's say, well, it's not just Jade Vance who has

530
00:26:32,800 --> 00:26:35,280
Speaker 10: come under fire for comments. You were at the NABJ

531
00:26:35,440 --> 00:26:39,840
Speaker 10: conference where Donald Trump openly questioned Harris's racial identity and

532
00:26:40,000 --> 00:26:43,520
Speaker 10: was very combative with the journalists who were moderating him

533
00:26:43,560 --> 00:26:46,880
Speaker 10: at that event. There has been throughout this campaign, this

534
00:26:47,040 --> 00:26:50,879
Speaker 10: narrative that the Trump campaign is more disciplined this time.

535
00:26:50,920 --> 00:26:53,879
Speaker 10: The campaign, though, is one thing, the candidate is something else.

536
00:26:53,960 --> 00:26:55,639
Speaker 10: Is there a sense that Donald Trump is going to

537
00:26:55,680 --> 00:26:57,200
Speaker 10: get more disciplined with the messaging.

538
00:26:57,920 --> 00:26:58,800
Speaker 7: That's a good question.

539
00:26:58,960 --> 00:27:01,440
Speaker 12: I think we definitely it's a bit more discipline. I'm

540
00:27:01,440 --> 00:27:05,120
Speaker 12: thinking specifically, in the wake of all of the fury

541
00:27:05,200 --> 00:27:07,760
Speaker 12: over Biden and the age and whether he should step down,

542
00:27:07,840 --> 00:27:10,280
Speaker 12: he was kind of quiet. He actually was pretty disciplined.

543
00:27:10,320 --> 00:27:11,960
Speaker 12: Then we didn't really hear from him. He kind of

544
00:27:12,040 --> 00:27:15,000
Speaker 12: let Biden have all of the negative news coverage. But

545
00:27:15,160 --> 00:27:17,480
Speaker 12: now we're seeing things change, We're seeing Harris come up.

546
00:27:17,480 --> 00:27:19,280
Speaker 12: There's a lot of enthusiasm, a lot of the earned

547
00:27:19,280 --> 00:27:21,639
Speaker 12: media is going towards her, and I think he is

548
00:27:21,720 --> 00:27:24,240
Speaker 12: now kind of back in the situation where he's trying

549
00:27:24,280 --> 00:27:26,280
Speaker 12: to go on the offense. And so he's been testing

550
00:27:26,280 --> 00:27:28,080
Speaker 12: out a bunch of different things, as you know, nabj

551
00:27:28,280 --> 00:27:31,119
Speaker 12: as an example of something that did it stick maybe not?

552
00:27:31,280 --> 00:27:32,959
Speaker 12: Did it help kind of bring in the black voters

553
00:27:32,960 --> 00:27:34,879
Speaker 12: that he needs, maybe not? And so we're going to

554
00:27:34,920 --> 00:27:37,960
Speaker 12: continue to see obviously some of the cities that you know,

555
00:27:38,040 --> 00:27:40,359
Speaker 12: Vance was in Philadelphia to Trump have been to Philadelphia.

556
00:27:40,400 --> 00:27:43,840
Speaker 12: These are cities that they need, they need the black population.

557
00:27:44,119 --> 00:27:47,040
Speaker 12: But again you have Harris. Harris was just in Atlanta.

558
00:27:47,119 --> 00:27:49,840
Speaker 12: She's bringing in the goods, as you may say, with

559
00:27:49,920 --> 00:27:52,040
Speaker 12: Magnie Stallion and all of these other rappers. You know,

560
00:27:52,080 --> 00:27:54,360
Speaker 12: in Philly there was a DJ So it'll be very

561
00:27:54,359 --> 00:27:56,960
Speaker 12: interesting to see kind of just the juxtaposition between the

562
00:27:56,960 --> 00:27:58,480
Speaker 12: two and who they're trying to attract.

563
00:27:58,880 --> 00:28:00,480
Speaker 10: And of course you'll be there to cover it all

564
00:28:00,520 --> 00:28:03,200
Speaker 10: for us. Hedriana loonecron busy girl for Bloomberg these days.

565
00:28:03,280 --> 00:28:04,000
Speaker 13: We appreciate it.

566
00:28:04,040 --> 00:28:06,199
Speaker 10: Thank you so much for being with us. And as

567
00:28:06,240 --> 00:28:09,399
Speaker 10: we assess, actually to Hedrian's point, what impact, if at all,

568
00:28:09,440 --> 00:28:12,640
Speaker 10: a vice presidential are selection in governor Walls actually will

569
00:28:12,680 --> 00:28:15,080
Speaker 10: have on this campaign. We turned out to Charlie Cook,

570
00:28:15,160 --> 00:28:19,320
Speaker 10: of course, its founder and contributor to the Cook Political Report. Charlie,

571
00:28:19,359 --> 00:28:21,720
Speaker 10: welcome back to Bloomberg TV and Radio. It's always good

572
00:28:21,760 --> 00:28:24,240
Speaker 10: to have you. We made a very big deal about

573
00:28:24,280 --> 00:28:28,199
Speaker 10: this yesterday. Obviously there was quite an introduction of Walls

574
00:28:28,200 --> 00:28:31,160
Speaker 10: of the vice presidential candidate last night. Does it really

575
00:28:31,240 --> 00:28:32,840
Speaker 10: change the race meaningfully?

576
00:28:34,880 --> 00:28:37,840
Speaker 4: You know, I don't think so. I mean there are

577
00:28:37,840 --> 00:28:40,840
Speaker 4: all these cliches that are fundamentally right, that people vote

578
00:28:40,840 --> 00:28:44,160
Speaker 4: for president, not vice president, and that vice running mates

579
00:28:44,280 --> 00:28:48,920
Speaker 4: can can hurt more than they can help. And I

580
00:28:48,960 --> 00:28:52,840
Speaker 4: think people put way too much emphasis on a delivering

581
00:28:52,920 --> 00:28:55,480
Speaker 4: a state. I mean, I think in twenty twenty four,

582
00:28:55,560 --> 00:29:01,200
Speaker 4: nobody's delivering anybody, and you know, even historically at most

583
00:29:01,440 --> 00:29:03,960
Speaker 4: of point or two in a home state. And that's

584
00:29:04,160 --> 00:29:07,880
Speaker 4: not necessary, that's not really provable. So I don't think

585
00:29:07,880 --> 00:29:10,840
Speaker 4: it's gonna make a big difference in that sense, but

586
00:29:12,080 --> 00:29:16,120
Speaker 4: I do think he will. I think I think Walls

587
00:29:16,240 --> 00:29:18,640
Speaker 4: is going to line up really well with Vance in

588
00:29:18,720 --> 00:29:24,320
Speaker 4: a debate, and I think he projects. It's interesting that

589
00:29:24,440 --> 00:29:28,080
Speaker 4: he does two almost contradictory things. One thing is he

590
00:29:28,080 --> 00:29:30,400
Speaker 4: comes across so heartland and grew up at a farm

591
00:29:30,440 --> 00:29:34,040
Speaker 4: in Nebraska, Minnesota, all this, and at the same time,

592
00:29:34,560 --> 00:29:38,200
Speaker 4: the real progresses and the Democratic Party really like him,

593
00:29:39,160 --> 00:29:42,280
Speaker 4: and it sort of frees up Harris to try to

594
00:29:42,320 --> 00:29:48,480
Speaker 4: stay more towards the center than than you know, she

595
00:29:48,680 --> 00:29:50,960
Speaker 4: might have to if she were having to put out

596
00:29:51,000 --> 00:29:54,520
Speaker 4: fires on her left and that rate. One other point

597
00:29:54,640 --> 00:29:57,880
Speaker 4: is that the fact that Democrats got a fresh nominee

598
00:29:57,880 --> 00:30:01,720
Speaker 4: without having to do a primary, a nomination fight that

599
00:30:01,760 --> 00:30:04,440
Speaker 4: would pull all their candidates over to the left and

600
00:30:04,560 --> 00:30:08,400
Speaker 4: way away from swing voters, from undecided voters. I think

601
00:30:08,440 --> 00:30:10,320
Speaker 4: that's a plus. But this is still you know, this

602
00:30:10,400 --> 00:30:12,440
Speaker 4: is gonna be a really really competitive race.

603
00:30:13,800 --> 00:30:17,479
Speaker 3: Really interesting, Charlie, because we're hearing everything about Tim Walls.

604
00:30:17,480 --> 00:30:21,840
Speaker 3: He's everything. He runs a sanctuary state, he's pro trands.

605
00:30:21,880 --> 00:30:26,080
Speaker 3: I keep hearing he's giving drivers' licenses to illegal immigrants.

606
00:30:26,160 --> 00:30:30,000
Speaker 3: Some say that he's a populist economist, but then I

607
00:30:30,040 --> 00:30:34,360
Speaker 3: heard last night in Philadelphia he's a coach. It's coach Walls.

608
00:30:34,400 --> 00:30:39,120
Speaker 3: He's a teacher, he's an Army National guardsman. Which identity

609
00:30:39,120 --> 00:30:40,480
Speaker 3: emerges here.

610
00:30:41,760 --> 00:30:44,280
Speaker 4: Well, it probably depends on the eye of the beholder

611
00:30:44,320 --> 00:30:50,560
Speaker 4: who's looking. But the thing is he he does had

612
00:30:50,640 --> 00:30:56,080
Speaker 4: some very very progressive liberal policies, but he doesn't come up.

613
00:30:56,240 --> 00:30:59,160
Speaker 4: He comes across in a more reassuring and not a

614
00:30:59,200 --> 00:31:02,640
Speaker 4: threatening way. And you know, in politics, as you guys know,

615
00:31:02,800 --> 00:31:04,320
Speaker 4: you know, perception is a heck of a lot more

616
00:31:04,320 --> 00:31:08,920
Speaker 4: important than reality. And he seems to have a good

617
00:31:09,000 --> 00:31:13,120
Speaker 4: bedside manner, if you will. And I know it's kind

618
00:31:13,120 --> 00:31:16,720
Speaker 4: of a very interesting pick. I didn't really expect it,

619
00:31:16,840 --> 00:31:19,600
Speaker 4: but people that have worked closely with him other governors.

620
00:31:19,640 --> 00:31:23,760
Speaker 4: I've talked to House members, and to be honest, this

621
00:31:23,800 --> 00:31:25,920
Speaker 4: guy who served six terms in the House sort of

622
00:31:26,000 --> 00:31:28,920
Speaker 4: under the radar screen, not a flashy guy, not a

623
00:31:28,960 --> 00:31:33,200
Speaker 4: self promoter, but the people that have worked with him closely,

624
00:31:33,360 --> 00:31:37,080
Speaker 4: they seem to think very highly of him.

625
00:31:37,640 --> 00:31:40,239
Speaker 10: Well, not everyone thinks highly of him or highly of

626
00:31:40,280 --> 00:31:43,000
Speaker 10: the choice, Charlie. There is a narrative ongoing that is

627
00:31:43,000 --> 00:31:45,680
Speaker 10: being encouraged by the Republican ticket. Donald Trump was talking

628
00:31:45,680 --> 00:31:48,000
Speaker 10: about this on Fox and Friends this morning. This notion

629
00:31:48,080 --> 00:31:51,720
Speaker 10: that the selection of Walls over Governor Josh Shapiro, a

630
00:31:52,480 --> 00:31:55,960
Speaker 10: Jewish Man, was an anti semitic one, keeping in mind

631
00:31:56,000 --> 00:31:58,760
Speaker 10: here that the Vice president is married, also to a

632
00:31:58,840 --> 00:32:01,560
Speaker 10: Jewish Man, the Second Gentleman of the United States, Doug M. Hoff.

633
00:32:01,880 --> 00:32:05,760
Speaker 10: Is that a message that will resonate with anyone who

634
00:32:05,840 --> 00:32:08,720
Speaker 10: was not already part of the Trump base.

635
00:32:10,360 --> 00:32:14,560
Speaker 4: You know, I don't think that's much of a I mean, heck,

636
00:32:14,960 --> 00:32:18,280
Speaker 4: did in former President Trump picking jd Vance and not

637
00:32:18,560 --> 00:32:20,720
Speaker 4: someone who is Jewish? Was that anti semitic?

638
00:32:20,800 --> 00:32:20,840
Speaker 6: No?

639
00:32:21,040 --> 00:32:24,640
Speaker 4: I think that's kind of you know, anybody who believes

640
00:32:24,680 --> 00:32:27,240
Speaker 4: that is going to want to believe that and will believe,

641
00:32:28,240 --> 00:32:30,880
Speaker 4: will believe anything else. I mean, the thing is, I

642
00:32:30,920 --> 00:32:33,920
Speaker 4: think the race has changed in that, you know, Biden

643
00:32:34,040 --> 00:32:36,960
Speaker 4: is out of the way, age, health all out of

644
00:32:36,960 --> 00:32:41,600
Speaker 4: the way, but fundamentals are still there. The map is

645
00:32:41,680 --> 00:32:46,920
Speaker 4: still hard, still tilts more Republican than Democrat, with sort

646
00:32:46,960 --> 00:32:49,960
Speaker 4: of you know Republican. We've talked about this before, Republican

647
00:32:50,080 --> 00:32:55,960
Speaker 4: votes being more efficiently allocated around the country, and the

648
00:32:56,000 --> 00:33:01,040
Speaker 4: cost of living, economic anxiety, border which were real problems

649
00:33:01,080 --> 00:33:04,440
Speaker 4: for Biden. Those have conveyed over and it may not

650
00:33:04,520 --> 00:33:06,680
Speaker 4: be one to one, but it's you know, zero point

651
00:33:06,840 --> 00:33:09,480
Speaker 4: nine to one. I mean, it's very very close, and

652
00:33:09,760 --> 00:33:11,840
Speaker 4: those are still problems that she's going to have to

653
00:33:11,920 --> 00:33:14,400
Speaker 4: deal with. But I think this, I think the pick

654
00:33:14,640 --> 00:33:18,239
Speaker 4: was it was a solid pick, and I don't think

655
00:33:18,240 --> 00:33:20,280
Speaker 4: it will affect the Oltchemy election, but I will it

656
00:33:20,320 --> 00:33:23,160
Speaker 4: will make for an interesting vice presidential debate, that's for sure.

657
00:33:24,360 --> 00:33:26,720
Speaker 3: God let's see if we get one enter the incumbent

658
00:33:27,120 --> 00:33:30,680
Speaker 3: Charlie Cook. Political reporting today that aids to Biden and

659
00:33:30,840 --> 00:33:34,200
Speaker 3: Harris are considering plans to bring him back onto the

660
00:33:34,240 --> 00:33:38,680
Speaker 3: campaign trail and appear with her. Is that smart or

661
00:33:38,720 --> 00:33:41,080
Speaker 3: should Kamala Harris try to stay as far away from

662
00:33:41,160 --> 00:33:42,960
Speaker 3: Joe Biden for the balance of this campaign.

663
00:33:44,280 --> 00:33:46,000
Speaker 4: Oh, I don't think it. Well, I mean, the thing

664
00:33:46,120 --> 00:33:51,280
Speaker 4: is that Biden, you know, yes, the Biden administration had

665
00:33:51,400 --> 00:33:54,400
Speaker 4: I mean, there was a reason why he dropped fourteen

666
00:33:54,600 --> 00:33:58,360
Speaker 4: percentage points in his gallop job approval rating between July

667
00:33:58,600 --> 00:34:01,640
Speaker 4: and October of two thousand twenty one, and a lot

668
00:34:01,840 --> 00:34:04,280
Speaker 4: was inflation all that stuff. But at the same time,

669
00:34:04,480 --> 00:34:07,880
Speaker 4: ultimately what pushed Biden out of the race was perception that, look,

670
00:34:08,239 --> 00:34:12,719
Speaker 4: this guy's too old to serve effectively for four more years.

671
00:34:13,280 --> 00:34:15,120
Speaker 4: And I think a lot of voters, to be honest,

672
00:34:15,160 --> 00:34:19,160
Speaker 4: back in twenty twenty, it was never explicitly said, but

673
00:34:19,239 --> 00:34:21,000
Speaker 4: they thought this was going to be one and done,

674
00:34:21,080 --> 00:34:25,040
Speaker 4: that Biden would serve one term and move on. And

675
00:34:26,360 --> 00:34:28,480
Speaker 4: it was never promised. He didn't break a promise, but

676
00:34:28,520 --> 00:34:31,680
Speaker 4: it was sort of implied and probably would have been

677
00:34:31,719 --> 00:34:34,359
Speaker 4: a good idea, you know, to stick with that. But

678
00:34:34,760 --> 00:34:36,920
Speaker 4: you know, so, I don't think her campaigning. I don't

679
00:34:36,960 --> 00:34:41,440
Speaker 4: think Harris camp. First of all, if she didn't campaign

680
00:34:41,560 --> 00:34:45,960
Speaker 4: with him some, it would look terrible, it would look awful.

681
00:34:46,760 --> 00:34:48,759
Speaker 4: So I think do it at some makes a whole

682
00:34:48,800 --> 00:34:50,759
Speaker 4: lot of sense. But his job, you know, he's going

683
00:34:50,800 --> 00:34:54,000
Speaker 4: to be sticking to his day job being president, you know,

684
00:34:54,160 --> 00:34:55,400
Speaker 4: till January twentieth.

685
00:34:57,280 --> 00:34:59,479
Speaker 10: Well, as we consider Joe Biden, Charlie, you of course,

686
00:34:59,560 --> 00:35:01,520
Speaker 10: in the after math of the debate, we're on this

687
00:35:01,560 --> 00:35:03,759
Speaker 10: program talking about how it was already going to be

688
00:35:03,800 --> 00:35:05,960
Speaker 10: hard for him to win now the path had gotten

689
00:35:05,960 --> 00:35:08,440
Speaker 10: that much smaller. He seems to have ultimately recognized that

690
00:35:08,520 --> 00:35:10,600
Speaker 10: as well. When you're looking now at the path for

691
00:35:10,719 --> 00:35:14,120
Speaker 10: Donald Trump and Kamala Harris, both of them, who's as

692
00:35:14,120 --> 00:35:17,560
Speaker 10: easier right now? Or is this simply too close to

693
00:35:17,640 --> 00:35:18,480
Speaker 10: call it this stage?

694
00:35:19,680 --> 00:35:24,480
Speaker 4: Well, to me, the fundamentals still favor Trump, that is

695
00:35:24,680 --> 00:35:31,000
Speaker 4: map and the issue agenda. But you know, Donald Trump

696
00:35:31,040 --> 00:35:35,279
Speaker 4: has always been somewhat erratic. I think the last four

697
00:35:35,320 --> 00:35:38,920
Speaker 4: or five months he's been more so, and he seems

698
00:35:39,000 --> 00:35:42,759
Speaker 4: genuinely rattled since Biden dropped out of the race. And

699
00:35:43,160 --> 00:35:45,279
Speaker 4: you know, I'm sort of there's a side to me

700
00:35:45,400 --> 00:35:49,000
Speaker 4: that thinks that Harris can't win, but Trump can lose,

701
00:35:50,120 --> 00:35:53,839
Speaker 4: and that if Trump loses, it's going to be him

702
00:35:53,920 --> 00:35:58,799
Speaker 4: beating himself. And it is kind of interesting that, you know,

703
00:35:59,480 --> 00:36:02,040
Speaker 4: around Donald Trump and when he was president, it was

704
00:36:02,160 --> 00:36:06,320
Speaker 4: like total chaos. But there's a sense from the public

705
00:36:06,360 --> 00:36:11,319
Speaker 4: that the country was doing okay. And during the Biden administration, well,

706
00:36:11,400 --> 00:36:16,080
Speaker 4: he personally isn't a chaotic person, but things in the

707
00:36:16,160 --> 00:36:20,640
Speaker 4: country and things around the world were increasingly chaotic and

708
00:36:20,719 --> 00:36:24,879
Speaker 4: seemed out of control. And I think that's one thing

709
00:36:24,960 --> 00:36:28,680
Speaker 4: that's just sort of working again, working back towards Trump,

710
00:36:29,360 --> 00:36:33,719
Speaker 4: is that they look back and see his administration the country.

711
00:36:33,920 --> 00:36:36,800
Speaker 4: They think voter swing voters think the country did better

712
00:36:36,920 --> 00:36:41,720
Speaker 4: under Trump, and so they assumed that it probably would again.

713
00:36:42,680 --> 00:36:45,279
Speaker 3: And there Charlie could come back and talk to us

714
00:36:45,480 --> 00:36:47,360
Speaker 3: when we have more time. Charlie, it's great to have

715
00:36:47,400 --> 00:36:48,080
Speaker 3: you on Bloomberg.

716
00:36:51,239 --> 00:36:54,600
Speaker 1: You're listening to the Bloomberg Balance of Power podcast Ken

717
00:36:54,760 --> 00:36:57,919
Speaker 1: just Live weekdays at noon Eastern on Focarplay and then.

718
00:36:57,880 --> 00:36:59,840
Speaker 2: Rodoto with the Bloomberg Business App.

719
00:37:00,000 --> 00:37:02,759
Speaker 1: You can also listen live on Amazon Alexa from our

720
00:37:02,760 --> 00:37:07,120
Speaker 1: flagship New York station Just Say Alexa playing Bloomberg eleven thirty.

721
00:37:09,360 --> 00:37:12,080
Speaker 10: It's been quite a turnaround we've seen in the presidential

722
00:37:12,160 --> 00:37:14,160
Speaker 10: race as well as we've kept track of here on

723
00:37:14,200 --> 00:37:16,719
Speaker 10: Balance of Power on Bloomberg TV and radio. We've had

724
00:37:16,719 --> 00:37:19,160
Speaker 10: a series of questions. The first a few weeks ago

725
00:37:19,680 --> 00:37:23,160
Speaker 10: was whether or not Joe Biden was going to stay

726
00:37:23,160 --> 00:37:25,280
Speaker 10: in the race. We got that answer, Would he endorse

727
00:37:25,320 --> 00:37:27,520
Speaker 10: someone else? We got that answer too. Now Kamala Harris

728
00:37:27,520 --> 00:37:30,000
Speaker 10: is officially the Democratic nominee. Then we wondered who would

729
00:37:30,040 --> 00:37:33,319
Speaker 10: join her on the ticket. We learned yesterday that it's

730
00:37:33,360 --> 00:37:36,760
Speaker 10: Governor Tim Walls of Minnesota. We still have one question

731
00:37:36,800 --> 00:37:39,240
Speaker 10: out there, though, and that is will we see Kamala

732
00:37:39,239 --> 00:37:43,360
Speaker 10: Harris share a debate stage with Donald Trump before the election.

733
00:37:43,480 --> 00:37:46,640
Speaker 10: Remember she wanted to debate on ABC on September tenth.

734
00:37:46,640 --> 00:37:50,640
Speaker 10: He's pitching September fourth on Fox. But he had this

735
00:37:50,719 --> 00:37:52,720
Speaker 10: to say on Fox and Friends this morning.

736
00:37:53,360 --> 00:37:55,560
Speaker 9: I don't know how she debates, he hears she's sort

737
00:37:55,600 --> 00:37:59,520
Speaker 9: of a nasty person, but not a good debater. But

738
00:37:59,600 --> 00:38:02,200
Speaker 9: we'll see, because we'll be debating her, I guess in

739
00:38:02,280 --> 00:38:05,319
Speaker 9: the pretty dear future. It's going to be announced fairly soon,

740
00:38:05,400 --> 00:38:07,520
Speaker 9: but we'll be debating her. I'd like to see it

741
00:38:07,600 --> 00:38:08,080
Speaker 9: on Fox.

742
00:38:08,120 --> 00:38:13,239
Speaker 3: By the way, I'm still exhausted from Kaylee lines wind

743
00:38:13,280 --> 00:38:15,720
Speaker 3: up into that moment earlier today on Fox and Friends.

744
00:38:16,080 --> 00:38:19,600
Speaker 3: So are we going to debate. How about the vice

745
00:38:19,840 --> 00:38:22,880
Speaker 3: presidential candidates. Let's assemble our panel. Rick Davis is here,

746
00:38:22,920 --> 00:38:26,640
Speaker 3: of course, Republican strategist, Bloomberg Politics, contributor and partner at

747
00:38:26,640 --> 00:38:30,840
Speaker 3: Stone Court Capital, alongside Janey Wartel, Democratic strategist and partner

748
00:38:31,000 --> 00:38:34,120
Speaker 3: at Ark Initiatives. Great to see you both, Rick. I

749
00:38:34,120 --> 00:38:35,440
Speaker 3: don't know where we're going to go on this. You

750
00:38:35,560 --> 00:38:38,960
Speaker 3: and I and Kaylee and everyone have been talking for

751
00:38:39,040 --> 00:38:41,680
Speaker 3: months and months about whether you should allow even a

752
00:38:41,719 --> 00:38:44,800
Speaker 3: candidate on a stage with Donald Trump. Did Joe Biden

753
00:38:44,880 --> 00:38:47,839
Speaker 3: learn the lesson for Kamala Harris in this case? Because

754
00:38:47,840 --> 00:38:49,440
Speaker 3: it sounds like this might actually happen.

755
00:38:50,600 --> 00:38:53,839
Speaker 8: Yeah, it does sound like it might happen. I would

756
00:38:53,840 --> 00:38:58,040
Speaker 8: have expected Donald Trump to reject a debate, but because

757
00:38:58,080 --> 00:39:01,160
Speaker 8: I know, you know, his folks are all concerned by

758
00:39:01,200 --> 00:39:03,440
Speaker 8: his debate performance. They feel like they dodged the bullet

759
00:39:03,480 --> 00:39:06,840
Speaker 8: because even though he did a poor job in the debate,

760
00:39:08,200 --> 00:39:11,920
Speaker 8: that's nothing compared to the suicide pack that Joe Biden

761
00:39:11,960 --> 00:39:16,319
Speaker 8: had going into that debate. So I guess I guess

762
00:39:16,320 --> 00:39:18,880
Speaker 8: they feel under some pressure. They want the media narrative

763
00:39:18,920 --> 00:39:20,640
Speaker 8: to be kind to Donald Trump. Donald Trump in that

764
00:39:20,800 --> 00:39:23,200
Speaker 8: interview that you played was going on and on about

765
00:39:23,200 --> 00:39:25,760
Speaker 8: how the network's just absolutely love him and are dying

766
00:39:25,760 --> 00:39:28,560
Speaker 8: to have him on, and so the fanning of the

767
00:39:28,640 --> 00:39:32,960
Speaker 8: narcissistic flame is so important to Donald Trump that not

768
00:39:33,040 --> 00:39:35,960
Speaker 8: saying yes to a network invitation would would be a

769
00:39:35,960 --> 00:39:36,960
Speaker 8: defeat to his ego.

770
00:39:37,080 --> 00:39:40,040
Speaker 7: So yeah, I guess there's gonna be a debate. And

771
00:39:40,680 --> 00:39:41,840
Speaker 7: it sounds like maybe.

772
00:39:41,600 --> 00:39:44,800
Speaker 8: Sooner than later split the difference. I mean, these negotiations

773
00:39:44,840 --> 00:39:48,040
Speaker 8: go on and on like this, but at least we're

774
00:39:48,080 --> 00:39:50,080
Speaker 8: going to have something to do in early September, it

775
00:39:50,120 --> 00:39:52,799
Speaker 8: sounds like, and it could actually have a bearing on

776
00:39:52,840 --> 00:39:56,399
Speaker 8: the outcome of the campaign. So we've seen all kinds

777
00:39:56,440 --> 00:39:59,000
Speaker 8: of major events lately and it doesn't sound like we're.

778
00:39:58,800 --> 00:39:59,359
Speaker 2: Done with them.

779
00:40:00,960 --> 00:40:03,200
Speaker 10: Well on this idea of but having an actual bearing

780
00:40:03,680 --> 00:40:06,520
Speaker 10: on the campaign. If we're running with this idea, janay

781
00:40:06,560 --> 00:40:09,640
Speaker 10: that this is going to happen at some point before

782
00:40:09,719 --> 00:40:13,760
Speaker 10: voters have actually cast their vote. Is it more likely?

783
00:40:14,120 --> 00:40:16,120
Speaker 10: I just wonder what the risk reward is here for

784
00:40:16,160 --> 00:40:18,360
Speaker 10: each candidate. Is it more likely that it could convince

785
00:40:18,360 --> 00:40:20,600
Speaker 10: someone to vote for Kamala Harris or Trump, or that

786
00:40:20,640 --> 00:40:23,399
Speaker 10: instead it could convince voters not to vote for them.

787
00:40:23,400 --> 00:40:26,440
Speaker 10: But not necessarily to vote for the other if you follow.

788
00:40:28,080 --> 00:40:30,800
Speaker 13: Yeah, So we just have to look at the past debate.

789
00:40:31,320 --> 00:40:33,520
Speaker 13: You know, when Joe Biden took the stage next to

790
00:40:33,560 --> 00:40:39,360
Speaker 13: Donald Trump, we saw a tremendous amount of viewer engagement.

791
00:40:40,120 --> 00:40:43,360
Speaker 13: A record number of viewers turned in tuned into that debate,

792
00:40:43,560 --> 00:40:45,480
Speaker 13: and I think the reason was because they wanted to

793
00:40:45,480 --> 00:40:48,080
Speaker 13: see this contrast on full display. They wanted to see

794
00:40:48,400 --> 00:40:52,000
Speaker 13: kind of this Donald Trump Joe Biden matchup. And so

795
00:40:52,040 --> 00:40:54,040
Speaker 13: I think in the same way, given all of the

796
00:40:54,160 --> 00:40:57,840
Speaker 13: energy that's been surrounding the selection, all of the twists

797
00:40:57,880 --> 00:41:00,360
Speaker 13: and turns that we've seen, I think people are eager

798
00:41:00,400 --> 00:41:03,120
Speaker 13: to see them standing right next to each other on

799
00:41:03,160 --> 00:41:04,799
Speaker 13: a debate stage. So I think you're going to have

800
00:41:04,840 --> 00:41:07,560
Speaker 13: a lot of folks tuning in, not just members of

801
00:41:07,600 --> 00:41:11,240
Speaker 13: each of their their base their bases, but also voters

802
00:41:11,280 --> 00:41:15,040
Speaker 13: who are undecided, right, voters who haven't really gotten to

803
00:41:15,120 --> 00:41:18,200
Speaker 13: know Vice President Harris and the way that they may

804
00:41:18,320 --> 00:41:20,000
Speaker 13: know Donald Trump or the way they might have known

805
00:41:20,080 --> 00:41:22,960
Speaker 13: Joe Biden. They want to really see and hear from

806
00:41:23,040 --> 00:41:25,680
Speaker 13: her and really be able to put that contrast into

807
00:41:25,760 --> 00:41:29,520
Speaker 13: context on a debate stage. So I think this absolutely

808
00:41:29,560 --> 00:41:32,040
Speaker 13: helps Vice President Harris. We know she's a skilled debater.

809
00:41:32,640 --> 00:41:33,239
Speaker 2: We know that.

810
00:41:33,280 --> 00:41:36,080
Speaker 13: You know, she's even kind of provoked Donald Trump with

811
00:41:36,200 --> 00:41:38,680
Speaker 13: the line, if you have something to say, say it

812
00:41:38,680 --> 00:41:41,239
Speaker 13: to my face. But I also think she's she's ready

813
00:41:41,360 --> 00:41:43,799
Speaker 13: enough to the challenge, whereas I think Donald Trump will

814
00:41:43,800 --> 00:41:47,040
Speaker 13: regress to the name calling he's often known for. We've

815
00:41:47,080 --> 00:41:49,560
Speaker 13: seen his line of attack on her, and I think

816
00:41:49,600 --> 00:41:52,760
Speaker 13: it will really make him look very small and very unpresidential.

817
00:41:54,000 --> 00:41:55,440
Speaker 10: Well, on the say it to my face part, it

818
00:41:55,480 --> 00:41:57,400
Speaker 10: is worth pointing out that we heard that line not

819
00:41:57,440 --> 00:42:01,239
Speaker 10: from Kamala Harris but from NICKI Hates back in February

820
00:42:01,360 --> 00:42:04,600
Speaker 10: when she was still competing against Trump in the Republican primary,

821
00:42:04,600 --> 00:42:07,160
Speaker 10: and he refused to debate her or anyone else.

822
00:42:06,960 --> 00:42:07,479
Speaker 4: For that matter.

823
00:42:07,600 --> 00:42:08,400
Speaker 2: Yeah. Ow true.

824
00:42:09,080 --> 00:42:10,640
Speaker 3: You wonder as well if we're going to be talking

825
00:42:10,680 --> 00:42:15,399
Speaker 3: about a vice presidential debate here. All this stuff has

826
00:42:15,480 --> 00:42:18,280
Speaker 3: yet to come together. This is just the latest drip

827
00:42:18,320 --> 00:42:20,800
Speaker 3: that we have from Donald Trump, and of course, Kayley,

828
00:42:20,880 --> 00:42:22,920
Speaker 3: that could change the next time he decides to do

829
00:42:22,960 --> 00:42:25,200
Speaker 3: an interview. I'd like to ask you both about what

830
00:42:25,320 --> 00:42:30,720
Speaker 3: happened on primary night. This is pretty interesting. Less about

831
00:42:30,840 --> 00:42:33,799
Speaker 3: the outcome of the races. More about the wait for

832
00:42:33,960 --> 00:42:38,400
Speaker 3: results in Michigan, specifically bringing us back to twenty twenty two,

833
00:42:38,520 --> 00:42:40,680
Speaker 3: five point thirty eight wrote this up Rick, a technical

834
00:42:40,760 --> 00:42:44,320
Speaker 3: change and how votes are reported meant that Wayne County,

835
00:42:44,400 --> 00:42:47,279
Speaker 3: Michigan took days to report its votes and we might

836
00:42:47,360 --> 00:42:50,320
Speaker 3: have a repeat performance here. Less than one percent of

837
00:42:50,360 --> 00:42:52,440
Speaker 3: the expected vote had been reported in the primary for

838
00:42:52,480 --> 00:42:56,040
Speaker 3: the thirteenth Congressional district more than two hours after polls

839
00:42:56,080 --> 00:42:58,880
Speaker 3: closed last night. Are you concerned about this?

840
00:42:59,000 --> 00:42:59,160
Speaker 2: Rick?

841
00:42:59,200 --> 00:43:01,600
Speaker 3: How worry should we about delayed results adding to the

842
00:43:01,600 --> 00:43:03,320
Speaker 3: noise on a lot of confusion in November?

843
00:43:04,560 --> 00:43:05,480
Speaker 7: Yeah, I'm I'm.

844
00:43:05,280 --> 00:43:08,920
Speaker 8: Pretty concerned about it. I've never quite understood why there

845
00:43:08,920 --> 00:43:12,399
Speaker 8: isn't more uniformity in reporting procedures. States. All I get

846
00:43:12,440 --> 00:43:16,200
Speaker 8: it make their decisions based on state law and the

847
00:43:16,239 --> 00:43:19,000
Speaker 8: appropriate use of the ballot box in those places. But

848
00:43:19,040 --> 00:43:21,719
Speaker 8: the reality is, haven't we learned the lesson that the

849
00:43:21,760 --> 00:43:24,880
Speaker 8: sooner we can get these reports out the better States

850
00:43:25,360 --> 00:43:28,200
Speaker 8: aren't consistent when it comes to, for instance, mail in ballots.

851
00:43:28,200 --> 00:43:31,080
Speaker 8: Some states have a vast majority of their votes as

852
00:43:31,280 --> 00:43:34,759
Speaker 8: early voting mail in ballots, and and they and some

853
00:43:34,880 --> 00:43:37,680
Speaker 8: don't count them before election day and others do, and

854
00:43:37,680 --> 00:43:39,640
Speaker 8: and and why in the world wouldn't you count mail

855
00:43:39,680 --> 00:43:42,520
Speaker 8: in ballants before election day and then have you have

856
00:43:42,600 --> 00:43:45,520
Speaker 8: your responses ready to go in in a timely manner.

857
00:43:45,920 --> 00:43:49,320
Speaker 8: I think the American public deserves some transparency there. I

858
00:43:49,320 --> 00:43:51,960
Speaker 8: think they deserve to know who wins and who loses.

859
00:43:52,080 --> 00:43:55,400
Speaker 8: I think that's the obligation of these state election officials

860
00:43:55,440 --> 00:43:59,759
Speaker 8: to create better transparency in the reporting process. And as

861
00:43:59,800 --> 00:44:04,759
Speaker 8: we have seen, the lack of early reporting results in

862
00:44:04,840 --> 00:44:08,480
Speaker 8: every conspiracy theory known to man and undermines the integrity

863
00:44:08,520 --> 00:44:11,760
Speaker 8: of an American election. So, you know, get with it, guys.

864
00:44:11,800 --> 00:44:14,239
Speaker 8: If you haven't gotten a memo yet, get it. People

865
00:44:14,360 --> 00:44:17,000
Speaker 8: want to know what happens when they cast their vote,

866
00:44:17,000 --> 00:44:18,360
Speaker 8: and they want to know in a timely manner.

867
00:44:19,800 --> 00:44:21,600
Speaker 10: Yeah, an on behalf of journalists we'd like to know

868
00:44:21,640 --> 00:44:24,560
Speaker 10: in a timely manner as well. Say this with a

869
00:44:24,719 --> 00:44:27,520
Speaker 10: self interest. But as we look to the primaries yesterday,

870
00:44:27,560 --> 00:44:30,200
Speaker 10: it wasn't just what happened in Michigan, but also in

871
00:44:30,320 --> 00:44:34,360
Speaker 10: the state of Missouri Janey were incumbent congresswoman and member

872
00:44:34,400 --> 00:44:37,480
Speaker 10: of the Squad Corey Bush went down in her primary,

873
00:44:37,520 --> 00:44:40,640
Speaker 10: the second Squad member to lose after Jamal Bowman lost

874
00:44:40,680 --> 00:44:43,440
Speaker 10: his primary race in New York earlier this year, a

875
00:44:43,440 --> 00:44:45,919
Speaker 10: lot of APEC money, of course, was thrown into that race.

876
00:44:45,960 --> 00:44:49,120
Speaker 10: Given her stance when it comes to Israel and the

877
00:44:49,160 --> 00:44:52,600
Speaker 10: conflict in Gaza, is that really what is to blame here?

878
00:44:52,640 --> 00:44:55,680
Speaker 10: And does that make it a translatable pattern into the

879
00:44:55,760 --> 00:44:58,719
Speaker 10: general election for other candidates that may find themselves on

880
00:44:59,280 --> 00:45:01,800
Speaker 10: the wrong side of the line. What do you attribute

881
00:45:01,840 --> 00:45:02,360
Speaker 10: her loss to?

882
00:45:04,440 --> 00:45:06,759
Speaker 13: Well, I think in any election where you have a

883
00:45:06,800 --> 00:45:11,560
Speaker 13: tremendous infusion of money behind negative messaging, that it's going

884
00:45:11,600 --> 00:45:15,240
Speaker 13: to be influential, right, And that's not about this isolated election,

885
00:45:15,280 --> 00:45:18,239
Speaker 13: that's about any election. And so whenever you see an

886
00:45:18,239 --> 00:45:20,680
Speaker 13: infusion of money such as what a PAC dumped in

887
00:45:20,840 --> 00:45:23,239
Speaker 13: this race, you're going to see that there's going to

888
00:45:23,239 --> 00:45:26,480
Speaker 13: be a driving message that's going to alienate some voters

889
00:45:26,520 --> 00:45:28,399
Speaker 13: and it's going to galvanize other voters. And I think

890
00:45:28,400 --> 00:45:31,200
Speaker 13: that's what you saw here in this race in Missouri,

891
00:45:31,280 --> 00:45:35,040
Speaker 13: but also what you saw with Jamal Bowman's race, getting issue,

892
00:45:35,280 --> 00:45:38,600
Speaker 13: getting voters to focus on on a singular issue despite

893
00:45:38,640 --> 00:45:42,760
Speaker 13: other issues being important for elections of members of Congress,

894
00:45:43,760 --> 00:45:46,440
Speaker 13: you're going to be able to have a tremendous impact

895
00:45:46,480 --> 00:45:48,520
Speaker 13: on the election. And I think that when you look

896
00:45:48,560 --> 00:45:52,000
Speaker 13: at this primary race, I think you see that the spending,

897
00:45:52,160 --> 00:45:55,719
Speaker 13: the messaging, it was kind of a perfect storm for

898
00:45:55,840 --> 00:46:01,399
Speaker 13: there to be kind of some backlash against Representative bush Well.

899
00:46:01,480 --> 00:46:06,480
Speaker 3: Millions spent by Apak in the primary here against bush

900
00:46:06,680 --> 00:46:09,200
Speaker 3: and the same in New York against Bowman Rick. What

901
00:46:09,320 --> 00:46:11,640
Speaker 3: role will Apak play in the general election?

902
00:46:13,120 --> 00:46:15,920
Speaker 8: You know, I think that they've done their damage on

903
00:46:16,800 --> 00:46:23,080
Speaker 8: the members who they felt were needlessly negative toward Israel.

904
00:46:23,560 --> 00:46:27,040
Speaker 8: Their job is to help support Israel and their support

905
00:46:27,040 --> 00:46:29,719
Speaker 8: in the United States, so I think most of that

906
00:46:29,840 --> 00:46:32,840
Speaker 8: is done. I would be surprised if they get involved

907
00:46:32,840 --> 00:46:35,520
Speaker 8: in the general election at the presidential level, so they

908
00:46:35,560 --> 00:46:40,200
Speaker 8: may pick a few winners and back people. In congressional level,

909
00:46:40,320 --> 00:46:43,359
Speaker 8: they will start to look at whether or not it's

910
00:46:43,400 --> 00:46:46,880
Speaker 8: better to have a Republican Congress or a Democratic Congress.

911
00:46:46,960 --> 00:46:49,200
Speaker 8: And part of that construct is who are they think

912
00:46:49,239 --> 00:46:50,560
Speaker 8: is going to be president? You know, do you want

913
00:46:50,560 --> 00:46:55,839
Speaker 8: a divided government? So I think the real impact they

914
00:46:55,920 --> 00:47:00,520
Speaker 8: have and has been felt and been wildly successful, is

915
00:47:01,360 --> 00:47:03,960
Speaker 8: weeding out some of these folks who they felt were

916
00:47:04,239 --> 00:47:06,680
Speaker 8: really antagonists to the Israeli cause.

917
00:47:08,520 --> 00:47:08,919
Speaker 13: All right.

918
00:47:09,120 --> 00:47:12,120
Speaker 10: Rick Davis, Republican strategists and partner at Stone Court Capital,

919
00:47:12,160 --> 00:47:15,680
Speaker 10: together today with Janelle Wartel, Democratic strategists and partner at

920
00:47:15,840 --> 00:47:18,480
Speaker 10: ARC Initiatives, our political panel. We appreciate it. Thank you

921
00:47:18,520 --> 00:47:19,560
Speaker 10: both so much.

922
00:47:23,280 --> 00:47:26,799
Speaker 1: You're listening to the Bloomberg Balance of Power podcast. Catch

923
00:47:26,880 --> 00:47:29,800
Speaker 1: us live weekdays at noon Eastern on Appo, CarPlay and

924
00:47:29,840 --> 00:47:32,560
Speaker 1: then Proud Auto with the Bloomberg Business app. Listen on

925
00:47:32,640 --> 00:47:35,800
Speaker 1: demand wherever you get your podcasts, or watch us live

926
00:47:35,920 --> 00:47:38,839
Speaker 1: on YouTube.

927
00:47:39,239 --> 00:47:41,960
Speaker 10: Now, as we consider the jobs market, we want to

928
00:47:41,960 --> 00:47:46,000
Speaker 10: talk about labor specifically, especially when it comes to unionized labor.

929
00:47:46,320 --> 00:47:48,799
Speaker 10: As the Vice President, Kamala Harris is getting ready with

930
00:47:48,920 --> 00:47:51,520
Speaker 10: her now running mate, Minnesota Governor Tim Walls, to travel

931
00:47:51,520 --> 00:47:54,719
Speaker 10: from Wisconsin, where they are currently to Detroit, Michigan, later

932
00:47:54,760 --> 00:47:58,400
Speaker 10: today to appear alongside UAW President Sean Fain at a

933
00:47:58,480 --> 00:48:01,320
Speaker 10: rally in Detroit. This, of course, comes after the selection

934
00:48:01,400 --> 00:48:04,640
Speaker 10: of Walls was widely praised by Fain and other major

935
00:48:04,719 --> 00:48:07,439
Speaker 10: labor organizations, as he is someone who is seen as

936
00:48:07,560 --> 00:48:09,920
Speaker 10: very labor friendly. We want to dig into that a

937
00:48:09,960 --> 00:48:12,000
Speaker 10: little bit deeper now and bring in Sharon Block. She's

938
00:48:12,080 --> 00:48:15,400
Speaker 10: professor of Practice at Harvard Law School. She's executive director

939
00:48:15,600 --> 00:48:18,480
Speaker 10: of the Center for Labor and a Just Economy. She's

940
00:48:18,520 --> 00:48:22,040
Speaker 10: also former labor advisor in the Biden White House. Sharon,

941
00:48:22,080 --> 00:48:24,719
Speaker 10: Welcome back to Bloomberg TV and Radio. It's great to

942
00:48:24,800 --> 00:48:26,919
Speaker 10: have you. Obviously, there's been a lot of talk about

943
00:48:26,960 --> 00:48:30,279
Speaker 10: how labor friendly Governor Walls really is. Is he more

944
00:48:30,360 --> 00:48:33,279
Speaker 10: so than Kamala Harris being part of this Biden administration

945
00:48:33,360 --> 00:48:35,960
Speaker 10: that claims it is the most union friendly of all

946
00:48:36,040 --> 00:48:38,520
Speaker 10: time in a more material way or are they just

947
00:48:39,200 --> 00:48:40,359
Speaker 10: singing the same tune on this?

948
00:48:43,239 --> 00:48:45,359
Speaker 14: You know, I think that's a great competition to have.

949
00:48:45,480 --> 00:48:49,760
Speaker 14: I think they both have incredibly strong records for labor.

950
00:48:49,880 --> 00:48:52,400
Speaker 14: I mean again, you know, you have Vice President Harris,

951
00:48:52,400 --> 00:48:55,480
Speaker 14: who has been part of what I think is generally

952
00:48:56,280 --> 00:49:02,279
Speaker 14: accepted to be the most pro labor administration ever or

953
00:49:02,640 --> 00:49:06,359
Speaker 14: at the very least in generations. You know, I think

954
00:49:06,360 --> 00:49:11,160
Speaker 14: they've shown that leadership often in very similar ways. You know,

955
00:49:11,239 --> 00:49:13,920
Speaker 14: going to Detroit, you have to think about both of

956
00:49:13,960 --> 00:49:18,680
Speaker 14: them have been very strong supporters for the UAW, both

957
00:49:18,840 --> 00:49:23,480
Speaker 14: President Biden and Vice President Harris, and then Governor Walls.

958
00:49:24,480 --> 00:49:29,000
Speaker 14: You have Vice President Harris really showing leadership within the

959
00:49:29,040 --> 00:49:32,399
Speaker 14: administration on sort of all issues labor, as she did

960
00:49:32,480 --> 00:49:36,560
Speaker 14: share the task force on collective bargaining and worker empowerment.

961
00:49:36,840 --> 00:49:41,880
Speaker 14: But she's also been a really clear leader on looking

962
00:49:42,080 --> 00:49:47,160
Speaker 14: out for the rights and protecting domestic workers, care workers.

963
00:49:47,520 --> 00:49:49,880
Speaker 14: I mean she is her time in the Senate, she

964
00:49:50,000 --> 00:49:52,480
Speaker 14: was very much looked to as a leader in the

965
00:49:52,760 --> 00:49:56,920
Speaker 14: care economy, labor issues. And then you have Governor Walls

966
00:49:56,960 --> 00:50:02,320
Speaker 14: in his state doing some really remarkable advancements and policy

967
00:50:02,480 --> 00:50:05,480
Speaker 14: for working people. So I think they both got very

968
00:50:05,480 --> 00:50:09,840
Speaker 14: strong records. They have shown that sometimes in similar ways

969
00:50:09,880 --> 00:50:12,120
Speaker 14: and sometimes in slightly different ways.

970
00:50:13,280 --> 00:50:15,440
Speaker 3: Well, it's certainly lining up with Sharon. It's not just

971
00:50:15,520 --> 00:50:20,120
Speaker 3: the UAW, it's the afl CIO afs Me says it's

972
00:50:20,160 --> 00:50:22,879
Speaker 3: a big fan of Tim Walls. Nea likes to pick

973
00:50:22,920 --> 00:50:25,279
Speaker 3: the AFT. I could keep going down the list here,

974
00:50:25,320 --> 00:50:30,120
Speaker 3: but of course the leadership of the union movement is

975
00:50:30,200 --> 00:50:33,960
Speaker 3: one thing. Remembering that about a third of the membership

976
00:50:34,000 --> 00:50:37,680
Speaker 3: of the UAW voted for Donald Trump last time, who's

977
00:50:37,680 --> 00:50:40,360
Speaker 3: going to vote for Harris Walls.

978
00:50:42,719 --> 00:50:46,080
Speaker 14: So you know, I think you see in Governor Walls,

979
00:50:46,080 --> 00:50:49,800
Speaker 14: I mean he is a union member. He spent a

980
00:50:49,840 --> 00:50:54,120
Speaker 14: fair bit of his adult life as a union member,

981
00:50:54,280 --> 00:50:57,480
Speaker 14: as a teacher, a public school teacher. So I think

982
00:50:57,520 --> 00:51:01,960
Speaker 14: that's really going to resonate with union members. But also

983
00:51:02,040 --> 00:51:05,000
Speaker 14: we're in a very different place now in this election.

984
00:51:05,520 --> 00:51:09,360
Speaker 14: Donald Trump and his running mate JD. Vans, they have

985
00:51:09,440 --> 00:51:13,240
Speaker 14: a record now and if you look at the record

986
00:51:13,560 --> 00:51:19,160
Speaker 14: of the Trump administration last time on labor issues, I

987
00:51:19,200 --> 00:51:22,120
Speaker 14: think this is going to be a very different picture

988
00:51:22,160 --> 00:51:24,640
Speaker 14: for union members when they go to the polls to

989
00:51:24,680 --> 00:51:25,560
Speaker 14: make their decision.

990
00:51:27,480 --> 00:51:30,200
Speaker 10: Well, what we've heard from not just Donald Trump but

991
00:51:30,239 --> 00:51:33,600
Speaker 10: also his running mate, Senator JD. Vance, he has talked

992
00:51:33,640 --> 00:51:36,640
Speaker 10: a lot about the working man, but he adds in

993
00:51:36,680 --> 00:51:40,799
Speaker 10: the detail of union or non union frequently. How should

994
00:51:40,840 --> 00:51:43,359
Speaker 10: we be thinking about that idea? Sharon, What does that

995
00:51:43,400 --> 00:51:44,359
Speaker 10: actually mean to you?

996
00:51:46,440 --> 00:51:49,640
Speaker 14: I think what that means to me is is, well,

997
00:51:49,680 --> 00:51:53,080
Speaker 14: what it should mean is building a working class, a

998
00:51:53,160 --> 00:51:58,640
Speaker 14: middle class, a working class that can sustain a family,

999
00:51:59,200 --> 00:52:05,000
Speaker 14: that can provide you know, security for all workers. Now,

1000
00:52:05,480 --> 00:52:07,480
Speaker 14: I happen to believe, and I think the record is

1001
00:52:07,560 --> 00:52:14,200
Speaker 14: strong that that happens most robustly when workers are in

1002
00:52:14,239 --> 00:52:19,319
Speaker 14: a union. So supporting the labor movement is actually supporting

1003
00:52:19,360 --> 00:52:24,200
Speaker 14: an economy that works for all workers union wages. Union

1004
00:52:24,200 --> 00:52:29,000
Speaker 14: members get paid more than non union workers in similar

1005
00:52:29,120 --> 00:52:34,480
Speaker 14: jobs in similar industries. But when a union is strong

1006
00:52:34,560 --> 00:52:38,680
Speaker 14: in an industry, it actually raises wages for everybody. So

1007
00:52:39,200 --> 00:52:42,680
Speaker 14: strongly supporting the labor movement is actually a way of

1008
00:52:42,760 --> 00:52:45,920
Speaker 14: supporting all workers. And you know, I think if you

1009
00:52:46,000 --> 00:52:49,360
Speaker 14: look at the Trump record, you just don't see that

1010
00:52:49,480 --> 00:52:54,239
Speaker 14: commitment to either looking out for the economic interests of

1011
00:52:54,360 --> 00:52:58,120
Speaker 14: union members or non union members. I mean, you had

1012
00:52:58,360 --> 00:53:02,360
Speaker 14: in the Trump administration, you have add an administration that

1013
00:53:02,440 --> 00:53:07,719
Speaker 14: wanted to roll back overtime protections that you know, sort

1014
00:53:07,760 --> 00:53:11,640
Speaker 14: of abandoned workers during the pandemic. They are running on

1015
00:53:11,680 --> 00:53:14,800
Speaker 14: a platform and if you look at Project twenty twenty five,

1016
00:53:15,600 --> 00:53:20,240
Speaker 14: it's it is just full of policies that will really

1017
00:53:20,360 --> 00:53:24,920
Speaker 14: hurt working people. I mean, for example, they actually say

1018
00:53:24,960 --> 00:53:29,400
Speaker 14: the quiet part out loud in that in that report

1019
00:53:29,560 --> 00:53:35,080
Speaker 14: that they want to roll back child labor protections. How

1020
00:53:35,120 --> 00:53:39,000
Speaker 14: can anybody running on that ticket say that they care

1021
00:53:39,200 --> 00:53:43,759
Speaker 14: about working people if they want to, they want to

1022
00:53:43,880 --> 00:53:49,960
Speaker 14: encourage young people to go into dangerous jobs. So you know,

1023
00:53:50,000 --> 00:53:52,840
Speaker 14: you can say jd Vance can say what he wants

1024
00:53:52,880 --> 00:53:55,319
Speaker 14: to say, But I think if you compare the records

1025
00:53:55,520 --> 00:53:59,440
Speaker 14: of the Biden Harris administration and then the what the

1026
00:53:59,440 --> 00:54:03,480
Speaker 14: trumpetmen did last time they were in power and what

1027
00:54:03,520 --> 00:54:07,160
Speaker 14: they've told us they're going to do next time. It's

1028
00:54:07,280 --> 00:54:09,680
Speaker 14: bad news for working people, whether they're in a union

1029
00:54:09,800 --> 00:54:10,080
Speaker 14: or not.

1030
00:54:12,239 --> 00:54:14,000
Speaker 3: Well share in the fact of the matter is, Kamala

1031
00:54:14,040 --> 00:54:16,520
Speaker 3: Harris is still trailing Donald Trump, and in some cases

1032
00:54:16,560 --> 00:54:19,040
Speaker 3: significantly when it comes to matters of the economy. Even

1033
00:54:19,120 --> 00:54:23,120
Speaker 3: in our own Bloomberg swing state pole, which includes Michigan

1034
00:54:23,120 --> 00:54:26,440
Speaker 3: and Wisconsin, where we're finding these two candidates today when

1035
00:54:26,480 --> 00:54:28,600
Speaker 3: it comes to how do you handle the stock market?

1036
00:54:28,600 --> 00:54:31,200
Speaker 3: Who do you trust more? When it comes to interest rates,

1037
00:54:31,239 --> 00:54:35,160
Speaker 3: the price of goods, and the price of services, Donald

1038
00:54:35,200 --> 00:54:38,640
Speaker 3: Trump was anywhere from five to seven almost ten points

1039
00:54:39,080 --> 00:54:42,560
Speaker 3: ahead of Kamala Harris. So what's the message here, Because

1040
00:54:42,560 --> 00:54:45,680
Speaker 3: we're talking about potentially an economic slow down this week,

1041
00:54:45,719 --> 00:54:48,280
Speaker 3: a stock market that's starting to look wobbly. Does Kamala

1042
00:54:48,320 --> 00:54:52,799
Speaker 3: Harris deserve to carry Joe Biden's economic baggage with her

1043
00:54:53,080 --> 00:54:53,920
Speaker 3: in this campaign?

1044
00:54:56,040 --> 00:54:59,960
Speaker 14: Well, I think the Biden Harris administration has a strong record.

1045
00:55:00,480 --> 00:55:05,080
Speaker 14: You know, we all know there are moments of volatility,

1046
00:55:05,080 --> 00:55:07,680
Speaker 14: But I think if you look at the record of

1047
00:55:07,680 --> 00:55:10,560
Speaker 14: this administration over three and a half years, I think

1048
00:55:10,600 --> 00:55:14,640
Speaker 14: it's a record that Kamala Harris and Tim Wallas are

1049
00:55:14,680 --> 00:55:16,920
Speaker 14: going to be very proud to run on. If you

1050
00:55:16,960 --> 00:55:20,000
Speaker 14: look at the number of jobs created, if you look

1051
00:55:20,040 --> 00:55:22,960
Speaker 14: at how much inflation has come down, I mean, just

1052
00:55:23,080 --> 00:55:26,680
Speaker 14: remembering what it was like at the beginning of the

1053
00:55:26,680 --> 00:55:31,040
Speaker 14: Biden Harris administration, the sort of crisis that this country

1054
00:55:31,120 --> 00:55:33,600
Speaker 14: was in, that our economy was in. So I think

1055
00:55:33,640 --> 00:55:36,480
Speaker 14: it's an incredibly strong record that she's going to be

1056
00:55:36,600 --> 00:55:39,000
Speaker 14: proud to run on. And again, you just have to

1057
00:55:39,040 --> 00:55:43,240
Speaker 14: go back and look at how the Trump administration treated

1058
00:55:43,280 --> 00:55:47,000
Speaker 14: working people. You know, I think people don't live the

1059
00:55:47,080 --> 00:55:50,920
Speaker 14: stock market. They live how much do they get paid,

1060
00:55:51,480 --> 00:55:54,600
Speaker 14: do they have a job, how are their communities doing?

1061
00:55:54,640 --> 00:55:56,760
Speaker 14: And I think when they look at those kinds of issues,

1062
00:55:56,800 --> 00:56:01,120
Speaker 14: I mean, just on job creation, this administration has a

1063
00:56:01,200 --> 00:56:04,120
Speaker 14: record that is second to none. I think that's what

1064
00:56:04,440 --> 00:56:07,000
Speaker 14: when people have to make this decision, that's what's going

1065
00:56:07,040 --> 00:56:08,640
Speaker 14: to be important to them.

1066
00:56:09,160 --> 00:56:10,960
Speaker 10: Well, in our final moment with you, Sharon, as we

1067
00:56:10,960 --> 00:56:14,640
Speaker 10: talk about job creation, those numbers are going down. We

1068
00:56:14,680 --> 00:56:17,600
Speaker 10: saw a very soft jobs report on Friday in a

1069
00:56:17,680 --> 00:56:21,399
Speaker 10: higher unemployment rate that caused people to throw the word

1070
00:56:21,440 --> 00:56:26,520
Speaker 10: growth scare around. Given your knowledge of the labor market

1071
00:56:26,640 --> 00:56:28,520
Speaker 10: in the US, are you worried that things are going

1072
00:56:28,560 --> 00:56:30,880
Speaker 10: to turn in a more material way in these final

1073
00:56:30,880 --> 00:56:32,400
Speaker 10: months leading to November.

1074
00:56:33,600 --> 00:56:35,959
Speaker 14: I'm really not. I mean, this summer, we can see

1075
00:56:36,000 --> 00:56:39,799
Speaker 14: some volatility. Again, we still were adding jobs in the

1076
00:56:39,880 --> 00:56:43,919
Speaker 14: last jobs report just last week, and if you look

1077
00:56:43,960 --> 00:56:46,359
Speaker 14: at the average over the past few weeks, I mean

1078
00:56:46,360 --> 00:56:50,600
Speaker 14: the past few months, we're still seeing strong job growth

1079
00:56:50,920 --> 00:56:54,400
Speaker 14: and the uptick in the unemployment rate. I mean, again,

1080
00:56:54,440 --> 00:56:57,040
Speaker 14: we want everybody who wants to have a job to

1081
00:56:57,040 --> 00:56:59,239
Speaker 14: be able to have a job. But you get to

1082
00:56:59,400 --> 00:57:03,040
Speaker 14: an un an increase in the unemployment rate in two ways,

1083
00:57:03,760 --> 00:57:07,680
Speaker 14: either because people have lost jobs or because more people

1084
00:57:07,719 --> 00:57:10,920
Speaker 14: are coming into the economy looking to have a job

1085
00:57:11,200 --> 00:57:15,239
Speaker 14: who hadn't had one before. That's what we saw in

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Speaker 14: the July job numbers, and that's an important distinction. I

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Speaker 14: think people are want to come in to get jobs

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Speaker 14: because they see that this is an economy that has

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Speaker 14: been growing, where people have been getting jobs, and so,

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Speaker 14: you know, I think it's way too soon to be

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Speaker 14: talking about a trend that is different than the really

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Speaker 14: strong trend that we've seen throughout the Biden administration on

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Speaker 14: job creation.

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Speaker 3: Well, we really appreciate a great conversation, Sharon. It's good

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Speaker 3: to have you. Professor of Practice at Harvard Law School,

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Speaker 3: Executive director of the Center for Labor and a Just

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Speaker 3: Economy at Harvard, former labor advisors to the Biden White House.

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Speaker 3: Thanks for listening to the Balance of Power podcast. Make

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Speaker 3: sure to subscribe we haven't already at Apple, Spotify, or

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00:58:02,040 --> 00:58:04,760
Speaker 3: wherever you get your podcasts, and you can find us

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00:58:04,760 --> 00:58:08,320
Speaker 3: live every weekday from Washington, DC at noontime Eastern at

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Speaker 3: Bloomberg dot com.