1 00:00:01,840 --> 00:00:06,400 Speaker 1: Now from our nation's capital. This is Bloomberg Sound on 2 00:00:07,200 --> 00:00:10,719 Speaker 1: the administration has no plausible explanation for why they didn't 3 00:00:10,720 --> 00:00:12,880 Speaker 1: shoot this balloon down on our Alaska. Shooting down off 4 00:00:12,920 --> 00:00:15,159 Speaker 1: the coast of South Carolina. You're sure as health can. 5 00:00:15,160 --> 00:00:17,279 Speaker 1: Shooting down off the coast of my state. The water 6 00:00:17,360 --> 00:00:21,599 Speaker 1: desk's offshore. The allusions about fifty feet to over eighteen 7 00:00:21,600 --> 00:00:25,280 Speaker 1: thousand feet, don't know that scares the hell. On Bloomberg 8 00:00:25,480 --> 00:00:29,680 Speaker 1: Sound On Politics, Policy and Perspective from DC's top name. 9 00:00:30,080 --> 00:00:33,120 Speaker 1: We filed in the House floor by an expulsion of 10 00:00:33,479 --> 00:00:36,919 Speaker 1: George Santos. I know George Santos hope to deliver tonight's keynote, 11 00:00:36,920 --> 00:00:40,879 Speaker 1: but organizers wanted someone who could tell ho but not 12 00:00:41,040 --> 00:00:46,279 Speaker 1: actually be one. Bloomberg Sound On with Joe Matthew on 13 00:00:46,479 --> 00:00:50,800 Speaker 1: Bloomberg Radio. Senators are briefed on the balloon has the 14 00:00:50,800 --> 00:00:53,680 Speaker 1: Biden administration reveals it was part of a military spy 15 00:00:53,760 --> 00:00:58,000 Speaker 1: program that spanned over forty countries. Welcome to the fastest 16 00:00:58,000 --> 00:01:00,640 Speaker 1: hour in politics. As the spy balloon store, he reaches 17 00:01:00,760 --> 00:01:04,080 Speaker 1: new heights and new information today on Capitol Hill. We'll 18 00:01:04,120 --> 00:01:07,200 Speaker 1: talk about it with Dennis Wilder of Georgetown University, former 19 00:01:07,319 --> 00:01:11,039 Speaker 1: China director on the National Security Council, So major Republican 20 00:01:11,080 --> 00:01:13,680 Speaker 1: donors are going cold on Donald Trump will name names 21 00:01:13,720 --> 00:01:16,759 Speaker 1: with Bloomberg's Laura Davison, who helped to write the story, 22 00:01:17,120 --> 00:01:19,720 Speaker 1: and George Santos's colleagues in the House turn up the 23 00:01:19,760 --> 00:01:23,160 Speaker 1: heat filing an expulsion resolution today. It just keeps coming. 24 00:01:23,160 --> 00:01:25,800 Speaker 1: Well left more on all these stories with our signature 25 00:01:25,800 --> 00:01:29,640 Speaker 1: panel Bloomberg Politics contributors Jeanie Chantino and Rick Davis. They're 26 00:01:29,640 --> 00:01:32,840 Speaker 1: here for the hour. Lawmakers received classified briefings today on 27 00:01:32,880 --> 00:01:36,360 Speaker 1: the Chinese spy balloon as the House cleared a resolution 28 00:01:36,400 --> 00:01:41,160 Speaker 1: name but condemning China for violating US airspace. Lasts are 29 00:01:41,280 --> 00:01:45,560 Speaker 1: four hundred and nineteen. The nays are zero, two thirds 30 00:01:45,640 --> 00:01:49,760 Speaker 1: being in the affirmative, the rules are suspended. The resolution 31 00:01:50,120 --> 00:01:53,280 Speaker 1: is agreed to. Alright, pretty convincing margin. While next door 32 00:01:53,360 --> 00:01:57,240 Speaker 1: senators talked out after receiving classified briefings on the matter, 33 00:01:57,320 --> 00:02:00,080 Speaker 1: not all of them convinced. Your Republican Senator Dan and 34 00:02:00,120 --> 00:02:04,080 Speaker 1: Sullivan of Alaska Panagon needs better lawyers, because if you 35 00:02:04,080 --> 00:02:06,480 Speaker 1: shoot it down off the coast of South Carolina, you're 36 00:02:06,520 --> 00:02:08,200 Speaker 1: sure as health can shoot it down off the coast 37 00:02:08,240 --> 00:02:10,480 Speaker 1: of my state. Again. He's talking about his own state here, 38 00:02:10,480 --> 00:02:13,600 Speaker 1: and Senator Chris Murphy UH, a Democrat from Connecticut, got 39 00:02:13,639 --> 00:02:16,440 Speaker 1: the very same briefing and sees things very different. Maybe 40 00:02:16,440 --> 00:02:18,880 Speaker 1: some people don't think it's valuable to collect the intelligence, 41 00:02:19,440 --> 00:02:24,000 Speaker 1: um I do. I think it made sense for us 42 00:02:24,040 --> 00:02:27,040 Speaker 1: to learn something about this balloon, given that it really 43 00:02:27,080 --> 00:02:31,840 Speaker 1: posed no threat to the United States anytime. The Senator 44 00:02:31,840 --> 00:02:35,720 Speaker 1: Appropriations Subcommittee on Defense lined up a bunch of Pentagon 45 00:02:35,800 --> 00:02:42,160 Speaker 1: officials today to learn more. Among them Melissa Dalton, Defense 46 00:02:42,200 --> 00:02:48,000 Speaker 1: Assistant Secretary for Homeland Defense and Hemispheric Affairs. It's quite 47 00:02:48,000 --> 00:02:53,960 Speaker 1: a business card explaining why shooting this thing down off 48 00:02:53,960 --> 00:02:56,640 Speaker 1: the Aleutian Islands or off the coast of Alaska would 49 00:02:56,639 --> 00:02:59,600 Speaker 1: have come with its own major challenges. The water deaths 50 00:02:59,680 --> 00:03:03,840 Speaker 1: off or the allusions um at six plus nautical miles 51 00:03:03,880 --> 00:03:07,760 Speaker 1: go very quickly from about fifty feet to over eighteen 52 00:03:07,800 --> 00:03:12,400 Speaker 1: thousand feet near the Bearing Sea. The winter water temperatures 53 00:03:12,560 --> 00:03:15,600 Speaker 1: in the Bearing Sea, however, consistently in the low thirties, 54 00:03:15,800 --> 00:03:20,040 Speaker 1: which would make recovery and salvage operations very dangerous, very dangerous, 55 00:03:20,040 --> 00:03:22,160 Speaker 1: as they are now working in roughly fifty feet of 56 00:03:22,240 --> 00:03:25,200 Speaker 1: much warmer water off the coast of South Carolina. But 57 00:03:25,240 --> 00:03:27,959 Speaker 1: that still doesn't answer the question about what they learned 58 00:03:28,000 --> 00:03:31,720 Speaker 1: about us while this balloon was slowly tracking its way 59 00:03:31,760 --> 00:03:34,760 Speaker 1: across the country. We have learned a couple of new 60 00:03:34,840 --> 00:03:39,960 Speaker 1: things today. The balloon was capable of collecting communications signals, 61 00:03:40,560 --> 00:03:43,400 Speaker 1: and the Biden administration says was part of a military 62 00:03:43,560 --> 00:03:48,000 Speaker 1: lead spy program that spanned more than forty countries. New 63 00:03:48,040 --> 00:03:51,680 Speaker 1: evidence presented here and the State Department fact sheet on 64 00:03:51,720 --> 00:03:54,640 Speaker 1: the balloon's capabilities, and in the hearings that I'm mentioning 65 00:03:54,680 --> 00:03:59,760 Speaker 1: here today on Capitol Hill, the administration offering rarely disclosed details. 66 00:03:59,800 --> 00:04:01,800 Speaker 1: As I read also on the terminal. You can find 67 00:04:01,800 --> 00:04:05,600 Speaker 1: all this on the Bloomberg, including that high resolution imagery 68 00:04:05,640 --> 00:04:08,400 Speaker 1: provided by you. Two spy planes flying past the balloon 69 00:04:09,520 --> 00:04:14,560 Speaker 1: revealed an array of surveillance equipment. There's more. The balloon 70 00:04:14,640 --> 00:04:19,160 Speaker 1: the same balloon had components with English language writing on them. 71 00:04:19,320 --> 00:04:22,840 Speaker 1: Members of Congress learned this today as well as by 72 00:04:22,920 --> 00:04:26,240 Speaker 1: the Brighten administration officials. Easy for me to say brief 73 00:04:26,320 --> 00:04:29,919 Speaker 1: lawmakers behind closed doors. There's still much more that we 74 00:04:30,040 --> 00:04:32,560 Speaker 1: likely have not heard. And this is where we begin 75 00:04:32,600 --> 00:04:36,320 Speaker 1: our conversation on Bloomberg Sound On with Dennis Wilder, research 76 00:04:36,360 --> 00:04:39,200 Speaker 1: fellow for the Initiative for US China Dialogue on Global 77 00:04:39,240 --> 00:04:42,720 Speaker 1: Issues of Foreign Service at Georgetown University. He served as 78 00:04:43,000 --> 00:04:46,440 Speaker 1: the National Security Council's Director for China in two thousand, 79 00:04:46,720 --> 00:04:48,840 Speaker 1: two thousand five. He's with us right now, Dennis, Thank 80 00:04:48,880 --> 00:04:51,719 Speaker 1: you so much for being here. You may not be surprised, 81 00:04:51,760 --> 00:04:53,279 Speaker 1: maybe you are to learn that this is a lot 82 00:04:53,279 --> 00:04:56,800 Speaker 1: more than one or three or four, that this is 83 00:04:56,880 --> 00:05:02,599 Speaker 1: a long running military spy answered spy program that included 84 00:05:02,680 --> 00:05:08,760 Speaker 1: dozens of countries. How concerned are you? Well, First of all, Uh, 85 00:05:08,960 --> 00:05:12,040 Speaker 1: there's no surprise that this was a military operation that 86 00:05:12,160 --> 00:05:16,800 Speaker 1: was clear pretty fast, given the way the balloon operated 87 00:05:16,920 --> 00:05:21,520 Speaker 1: over states like Montana and over very sensitive installations. I 88 00:05:21,560 --> 00:05:24,359 Speaker 1: think I am surprised at the scale of the Chinese 89 00:05:24,920 --> 00:05:29,400 Speaker 1: balloon program. It's kind of taking an old technology and 90 00:05:29,560 --> 00:05:34,799 Speaker 1: updating it. Very few countries think about doing things this way. 91 00:05:35,120 --> 00:05:37,920 Speaker 1: Most of us rely on satellites in space to do 92 00:05:37,960 --> 00:05:40,600 Speaker 1: this kind of collection, So it is it is an 93 00:05:40,680 --> 00:05:45,360 Speaker 1: unusual program, and it's a worrisome program because those balloons 94 00:05:45,440 --> 00:05:49,000 Speaker 1: can be armed as well. So, uh, we really need 95 00:05:49,080 --> 00:05:53,120 Speaker 1: to think about how we create better air defenses. And 96 00:05:53,160 --> 00:05:56,040 Speaker 1: some of the senators today we're asking that very question, 97 00:05:58,279 --> 00:06:01,479 Speaker 1: Senator John Tester among them. He's he's chairs that Senate 98 00:06:01,480 --> 00:06:04,760 Speaker 1: Appropriation subcommittee. I mentioned they had four officials from the Pentagon, 99 00:06:04,839 --> 00:06:08,200 Speaker 1: and he's he's speaking to Melissa Dalton again here and 100 00:06:08,240 --> 00:06:10,440 Speaker 1: I remember he's from Montana. He wants to know why 101 00:06:10,480 --> 00:06:12,320 Speaker 1: the hell this balloon was hanging over his state, but 102 00:06:12,360 --> 00:06:15,839 Speaker 1: also why did we not shoot it down before it 103 00:06:16,360 --> 00:06:18,920 Speaker 1: violated US air space? And why didn't we ever shoot 104 00:06:18,960 --> 00:06:22,000 Speaker 1: them down before if we know that this had been 105 00:06:22,040 --> 00:06:24,320 Speaker 1: a recurring event. Listen to this back and forth. Either 106 00:06:24,360 --> 00:06:27,160 Speaker 1: this is no big deal in the military's eyes, and 107 00:06:27,200 --> 00:06:31,640 Speaker 1: I don't think you're gonna say that, um, or there's 108 00:06:31,680 --> 00:06:34,600 Speaker 1: not a consistent plan on how to deal with him. 109 00:06:35,080 --> 00:06:37,680 Speaker 1: Talk to me, Senator, thank you for the question. If 110 00:06:37,800 --> 00:06:41,359 Speaker 1: I may just to build upon what what Jed was saying, UM, 111 00:06:41,440 --> 00:06:45,920 Speaker 1: the PRC government surveillance balloons have translated the continental United 112 00:06:45,920 --> 00:06:50,200 Speaker 1: States briefly at least three times during the private administration. 113 00:06:50,400 --> 00:06:52,760 Speaker 1: So the question is is why didn't we Why don't 114 00:06:52,760 --> 00:06:54,599 Speaker 1: we why don't we shoot him down over water? Then 115 00:06:55,120 --> 00:07:00,000 Speaker 1: the duration of this particular balloon was was much longer, 116 00:07:00,400 --> 00:07:06,520 Speaker 1: and the information that we have since gleaned about the 117 00:07:06,560 --> 00:07:13,240 Speaker 1: balloons that have translated globally, um, was only recently discovered. So, Dennis, 118 00:07:13,280 --> 00:07:16,160 Speaker 1: when you look back on this, we had no idea 119 00:07:16,240 --> 00:07:19,000 Speaker 1: this was going on this whole time. We had Mark Asper, 120 00:07:19,040 --> 00:07:22,240 Speaker 1: the former Defense Secretary, on just a couple of days ago, 121 00:07:22,320 --> 00:07:24,360 Speaker 1: reacting to this. He said he'd like to have a briefing. 122 00:07:24,600 --> 00:07:27,040 Speaker 1: Nobody ever came into his office to tell them that 123 00:07:27,080 --> 00:07:29,400 Speaker 1: this was happening. How could we suddenly know so much 124 00:07:29,440 --> 00:07:35,120 Speaker 1: about it? Well, I think, frankly, the Pentagon and Norad 125 00:07:35,120 --> 00:07:38,520 Speaker 1: our North American Air Defense System were asleep at the switch. 126 00:07:39,200 --> 00:07:41,040 Speaker 1: You know, there are a lot of balloons that fly 127 00:07:41,560 --> 00:07:45,280 Speaker 1: in the air, and um, I think people just assume 128 00:07:45,400 --> 00:07:49,480 Speaker 1: these were more of the regular balloons. And until recently 129 00:07:50,000 --> 00:07:53,280 Speaker 1: when they started to get suspicious of balloons over Taiwan 130 00:07:53,960 --> 00:07:57,320 Speaker 1: and other areas and they started really looking hard at this. 131 00:07:57,480 --> 00:08:00,840 Speaker 1: Then they went back through their databases and lo and behold, 132 00:08:00,880 --> 00:08:04,920 Speaker 1: they found these other missions that they had not detected 133 00:08:04,920 --> 00:08:07,880 Speaker 1: at the time. So this is a real failure, um, 134 00:08:07,920 --> 00:08:10,920 Speaker 1: and it's got to be corrected. Oh my god, absolutely, 135 00:08:10,960 --> 00:08:13,920 Speaker 1: I mean, I'm afraid to hear what they learned behind 136 00:08:13,960 --> 00:08:17,240 Speaker 1: closed doors, Dennis, most everything I've talked about so far 137 00:08:17,440 --> 00:08:21,360 Speaker 1: is in the public domain, right Well, I think one 138 00:08:21,400 --> 00:08:24,520 Speaker 1: of the big things, and Bloomberg was the first I 139 00:08:24,560 --> 00:08:27,480 Speaker 1: think to put this on the street today, is that 140 00:08:27,520 --> 00:08:33,280 Speaker 1: there is indications that there are probably American components, probably 141 00:08:33,360 --> 00:08:38,679 Speaker 1: dual use items sent to China UH for private companies 142 00:08:38,720 --> 00:08:40,880 Speaker 1: that have ended up in this program. And we shouldn't 143 00:08:40,880 --> 00:08:43,280 Speaker 1: be surprised by that because they've been doing it with 144 00:08:43,320 --> 00:08:48,680 Speaker 1: their stealth fighter there stealth ships, they're hypersonic missiles. We 145 00:08:48,760 --> 00:08:53,720 Speaker 1: have been UH aiding and abetting the Chinese program unknowingly 146 00:08:53,920 --> 00:08:57,640 Speaker 1: for a long time. Well, that's pretty big deal here 147 00:08:59,760 --> 00:09:02,680 Speaker 1: in and I did mention that earlier because it really 148 00:09:02,679 --> 00:09:06,360 Speaker 1: illustrates why the wide administration is now trying to keep 149 00:09:07,200 --> 00:09:09,640 Speaker 1: high tech components out of the hands of China. When 150 00:09:09,640 --> 00:09:11,720 Speaker 1: they tell a company like in Video you can't do 151 00:09:11,760 --> 00:09:14,480 Speaker 1: business there, or they tell a company like Huawei you 152 00:09:14,520 --> 00:09:17,280 Speaker 1: can't buy stuff from us anymore. We're seeing now in 153 00:09:17,320 --> 00:09:21,480 Speaker 1: real time why that's happening, right We've we've woken up 154 00:09:21,520 --> 00:09:25,720 Speaker 1: to the fact that um, you know, our industries which 155 00:09:26,080 --> 00:09:29,160 Speaker 1: want to sell to the private corporations there's no such 156 00:09:29,200 --> 00:09:33,240 Speaker 1: thing as private corporations anymore in China. UM, the party 157 00:09:33,360 --> 00:09:37,480 Speaker 1: has control, and a private company that buys something from 158 00:09:37,520 --> 00:09:40,680 Speaker 1: the United States can be easily pressured into giving it 159 00:09:40,760 --> 00:09:42,880 Speaker 1: over to the military. So we're going to have to 160 00:09:42,880 --> 00:09:44,880 Speaker 1: be a lot more careful in the future. Boy. Is 161 00:09:44,880 --> 00:09:49,400 Speaker 1: that right? You served as the CIA's Deputy Assistant Director 162 00:09:49,480 --> 00:09:54,840 Speaker 1: for East Asia and the Pacific. Is it true that 163 00:09:54,880 --> 00:09:57,199 Speaker 1: the CIA had to make a wake up call to 164 00:09:57,280 --> 00:09:59,240 Speaker 1: Nora ad on this? Would we know about this if 165 00:09:59,280 --> 00:10:03,440 Speaker 1: it were not for the agency? UM? I haven't seen 166 00:10:03,480 --> 00:10:07,600 Speaker 1: that reported yet. UM. I wouldn't be surprised if the 167 00:10:07,640 --> 00:10:13,120 Speaker 1: agency picked up some classified clandestine tip offs and handed 168 00:10:13,160 --> 00:10:15,800 Speaker 1: them over to the Pentagon. But I can't confirm that. 169 00:10:16,160 --> 00:10:18,280 Speaker 1: You've got a pretty long resume. In fact, Dennis, you 170 00:10:18,320 --> 00:10:21,439 Speaker 1: also were senior editor of the President's Daily Brief from 171 00:10:21,480 --> 00:10:25,960 Speaker 1: two thousand nine to two fifteen. The idea that I 172 00:10:26,040 --> 00:10:28,079 Speaker 1: can't even imagine it. And by the way, we should 173 00:10:28,120 --> 00:10:32,520 Speaker 1: be talking to you about having a certain classification security clearance. 174 00:10:32,559 --> 00:10:35,600 Speaker 1: This with a whole different story, but we'll get there, uh, Dennison. 175 00:10:35,640 --> 00:10:37,720 Speaker 1: As far as this is concerned, we we we understand 176 00:10:37,760 --> 00:10:40,880 Speaker 1: that President Biden was first briefed about it the Tuesday 177 00:10:41,000 --> 00:10:46,320 Speaker 1: before this was shot down. What's the evolution uh in 178 00:10:46,360 --> 00:10:48,160 Speaker 1: a story like this and how it makes its way 179 00:10:48,240 --> 00:10:51,680 Speaker 1: into the President's daily brief The CIA, the Pentagon knew 180 00:10:51,679 --> 00:10:55,880 Speaker 1: about this arguably hours maybe days earlier. What leads to 181 00:10:55,880 --> 00:10:58,200 Speaker 1: the decision to say, all right, let's put this in 182 00:10:58,240 --> 00:11:03,640 Speaker 1: the briefing today? He needs to know. Well, Uh, it 183 00:11:03,720 --> 00:11:06,880 Speaker 1: was my job every day to sort through everything that 184 00:11:06,960 --> 00:11:11,600 Speaker 1: the Pentagon and others were putting out and putting out 185 00:11:11,640 --> 00:11:16,800 Speaker 1: alerts and decide kind of what level of threat rose 186 00:11:16,880 --> 00:11:19,679 Speaker 1: to the level that the President should really look at it. 187 00:11:20,120 --> 00:11:23,920 Speaker 1: And again, I think the Pentagon was very late to 188 00:11:24,040 --> 00:11:28,000 Speaker 1: figuring out that this was indeed a threatening mission. Um, 189 00:11:28,040 --> 00:11:31,280 Speaker 1: you know, I think it was only as you talked about, 190 00:11:31,280 --> 00:11:35,400 Speaker 1: when that YouTube flight went over and saw that huge 191 00:11:36,000 --> 00:11:40,200 Speaker 1: solar array and all of those components, that they suddenly 192 00:11:40,240 --> 00:11:42,720 Speaker 1: realized they had a problem on their hands. And it's 193 00:11:42,760 --> 00:11:46,160 Speaker 1: probably at that moment when people decided they better alert 194 00:11:46,200 --> 00:11:49,720 Speaker 1: the president. Let me ask you, Dennis Karin, Jean Pierre 195 00:11:49,840 --> 00:11:51,720 Speaker 1: on Air Force one today, the President on his way 196 00:11:51,760 --> 00:11:55,120 Speaker 1: to Tampa brief reporters on this, and they're maintaining the 197 00:11:55,200 --> 00:11:58,440 Speaker 1: line like Hey, you know, we put Beijing on watch. 198 00:11:58,520 --> 00:12:01,320 Speaker 1: Listen to how she put the United States sent a 199 00:12:01,360 --> 00:12:04,320 Speaker 1: clear message to the PRC that it's a violation of 200 00:12:04,320 --> 00:12:08,120 Speaker 1: our sovereign sovereignty was unacceptable by shooting down the balloon, 201 00:12:08,280 --> 00:12:11,440 Speaker 1: protecting our own sensitive intelligence and maximizing our ability to 202 00:12:11,480 --> 00:12:15,200 Speaker 1: track the balloon and recover the pay payload. Dennis Wilder, 203 00:12:15,200 --> 00:12:19,000 Speaker 1: what through our actions, what message did we really send 204 00:12:19,040 --> 00:12:24,280 Speaker 1: to Beijing. Well, one of the messages, unfortunately, that we 205 00:12:24,360 --> 00:12:26,840 Speaker 1: sent was that we weren't on top of our game 206 00:12:27,480 --> 00:12:32,199 Speaker 1: and that they had a stealth capability that we weren't detecting. Um. 207 00:12:32,240 --> 00:12:36,960 Speaker 1: I think with the shootdown and with confronting them with 208 00:12:37,120 --> 00:12:40,960 Speaker 1: whatever technology is on board. UM, we will of course 209 00:12:41,559 --> 00:12:45,880 Speaker 1: make a statement to the Chinese. But um, unless when 210 00:12:45,920 --> 00:12:49,679 Speaker 1: Tony Blincoln goes to Beijing and others meet with the Chinese, 211 00:12:50,240 --> 00:12:54,040 Speaker 1: that they get an ironclad assurance that this program ends, 212 00:12:54,080 --> 00:12:57,520 Speaker 1: and it ends right now. UM, I'm not sure that 213 00:12:57,600 --> 00:13:00,680 Speaker 1: this program is going to end. So we need, uh, 214 00:13:00,720 --> 00:13:04,480 Speaker 1: maybe not publicly, but at least privately, some real assurances 215 00:13:04,520 --> 00:13:06,880 Speaker 1: from the Chinese that this is the end of this 216 00:13:06,960 --> 00:13:10,959 Speaker 1: kind of program. When you were senior editor of the 217 00:13:10,960 --> 00:13:13,000 Speaker 1: President's Daily brief? Did that thing end up in a 218 00:13:13,040 --> 00:13:14,880 Speaker 1: burden burn bag at the end of every day? I'm 219 00:13:14,880 --> 00:13:18,000 Speaker 1: just dying to know. I was reading about this process recently. 220 00:13:18,040 --> 00:13:19,840 Speaker 1: I'm sure you didn't bring one home with you or 221 00:13:19,880 --> 00:13:21,839 Speaker 1: give it to the dog for that matter, But does 222 00:13:21,840 --> 00:13:23,360 Speaker 1: it end up in a burn bag? Is that the 223 00:13:23,400 --> 00:13:27,760 Speaker 1: proper treatment on a daily basis? Yeah? Absolutely. And actually 224 00:13:28,360 --> 00:13:31,360 Speaker 1: most of the customers who read the President's daily Brief, 225 00:13:31,360 --> 00:13:33,800 Speaker 1: and it's only brief to a few people, you don't 226 00:13:33,800 --> 00:13:36,439 Speaker 1: even leave it with them. It's so sensitive that they 227 00:13:36,480 --> 00:13:38,080 Speaker 1: read it and then they hand it back to you 228 00:13:38,480 --> 00:13:41,720 Speaker 1: and you take it back to CIA headquarters. Uh So 229 00:13:41,880 --> 00:13:46,000 Speaker 1: it's highly unusual that something is left in the hands 230 00:13:46,000 --> 00:13:48,440 Speaker 1: of the reader because it's just too sensitive. You need 231 00:13:48,480 --> 00:13:50,040 Speaker 1: to come back and talk to us. Dennis. Great to 232 00:13:50,080 --> 00:13:53,400 Speaker 1: have you, Dennis Wild the initiative for US China Dialogue 233 00:13:53,400 --> 00:13:57,080 Speaker 1: on Global Issues of Foreign Service at Georgetown University. Let's 234 00:13:57,080 --> 00:13:59,720 Speaker 1: assemble the panel. Rick and Jennie of course, are with us. 235 00:13:59,800 --> 00:14:02,800 Speaker 1: I'm glad to say Jennie Schanzano and Rick Davis Bloomberg 236 00:14:02,840 --> 00:14:06,400 Speaker 1: Politics contributors. So pretty scary stuff that we learned over 237 00:14:06,440 --> 00:14:08,360 Speaker 1: the past twenty four hours. Here today Rick, and I'm 238 00:14:08,400 --> 00:14:11,040 Speaker 1: sure that lawmakers learned a lot more than we did. 239 00:14:11,480 --> 00:14:16,240 Speaker 1: When you hear what we are hearing about English language 240 00:14:16,240 --> 00:14:19,640 Speaker 1: components on this balloon, it's the first thing that you 241 00:14:19,720 --> 00:14:22,240 Speaker 1: take away from that. Yeah, I thought and David did 242 00:14:22,240 --> 00:14:24,840 Speaker 1: a good job of describing. And you have components that 243 00:14:24,880 --> 00:14:27,240 Speaker 1: are dual use things at work in the military but 244 00:14:27,320 --> 00:14:32,240 Speaker 1: also work in civilian life. And and and certainly you know, uh, 245 00:14:32,440 --> 00:14:36,160 Speaker 1: semiconductor chips and things like that are exactly what what 246 00:14:36,400 --> 00:14:39,200 Speaker 1: fit into that category. And so it's one of the 247 00:14:39,240 --> 00:14:43,720 Speaker 1: reasons why the Biden administration started putting limits on certain 248 00:14:43,800 --> 00:14:47,680 Speaker 1: kinds of chips going to China because they could not 249 00:14:48,000 --> 00:14:50,960 Speaker 1: certify that they weren't falling into the hands of the 250 00:14:51,000 --> 00:14:54,800 Speaker 1: military and intelligence organizations. So, UM, you know, I don't 251 00:14:55,000 --> 00:14:58,000 Speaker 1: I don't think anybody would be surprised to hear that. Uh. 252 00:14:58,320 --> 00:15:01,200 Speaker 1: I think everyone's going to use that as a political tool, 253 00:15:01,720 --> 00:15:03,960 Speaker 1: uh to shout and scream him and say, oh my god, 254 00:15:04,000 --> 00:15:07,680 Speaker 1: they're spying going on and they're using our own equipment 255 00:15:07,720 --> 00:15:09,520 Speaker 1: to do it to us. Um. And so I think 256 00:15:09,520 --> 00:15:13,400 Speaker 1: you can only anticipate more moves by Congress to put 257 00:15:13,400 --> 00:15:17,360 Speaker 1: pressure on the Biden administration to crack down on China, 258 00:15:17,400 --> 00:15:21,840 Speaker 1: and if that's through trade sanctions or other mechanisms of 259 00:15:21,960 --> 00:15:25,600 Speaker 1: limiting the kind of technology that leaves the US US 260 00:15:25,600 --> 00:15:28,200 Speaker 1: bound for China, then I think that's that's going to 261 00:15:28,280 --> 00:15:30,720 Speaker 1: just add to this kind of firefight going on over 262 00:15:30,760 --> 00:15:33,520 Speaker 1: this issue. No one seems surprised either, Genie, that this 263 00:15:33,600 --> 00:15:37,960 Speaker 1: is a military sponsored program. Uh with with what we've 264 00:15:38,040 --> 00:15:41,680 Speaker 1: learned here, Where are you on the decision made to 265 00:15:41,720 --> 00:15:44,400 Speaker 1: shoot this down after it crossed the country. You heard 266 00:15:44,440 --> 00:15:47,920 Speaker 1: from Chris Murphy, You also heard from Dan Sullivan who said, Hey, 267 00:15:48,080 --> 00:15:50,400 Speaker 1: shoot this sucker down over my state of Alaska any 268 00:15:50,400 --> 00:15:54,120 Speaker 1: time you want. But also Melissa Dalton describing how difficult 269 00:15:54,160 --> 00:15:56,280 Speaker 1: it would have been to recover anything if we made 270 00:15:56,320 --> 00:15:59,160 Speaker 1: that decision to shoot it down. Off the allusions, maybe 271 00:15:59,160 --> 00:16:01,320 Speaker 1: there is no writing answer to this. What's what's your 272 00:16:01,360 --> 00:16:04,040 Speaker 1: gut tell you? You know? What I feel like is 273 00:16:04,120 --> 00:16:07,680 Speaker 1: more confused than ever I am tracking all day. We've 274 00:16:07,680 --> 00:16:11,880 Speaker 1: had at least, by my count, five explanations. At one point, 275 00:16:11,880 --> 00:16:13,600 Speaker 1: it was we didn't know if we could because we 276 00:16:13,640 --> 00:16:16,280 Speaker 1: didn't even know if it was a security apparatus. If 277 00:16:16,320 --> 00:16:18,320 Speaker 1: it was part of the U. S. Military, then it 278 00:16:18,480 --> 00:16:21,960 Speaker 1: was because it would be dangerous over civilian populations with 279 00:16:22,000 --> 00:16:24,520 Speaker 1: the debris. Then it was because it may escalate tensions, 280 00:16:24,520 --> 00:16:27,200 Speaker 1: then a recovery problem. And there's one more, Joe, I'm 281 00:16:27,200 --> 00:16:29,120 Speaker 1: sorry to keep going on. The other one was they 282 00:16:29,120 --> 00:16:31,800 Speaker 1: were collecting intelligence from it. Well there's five and I 283 00:16:32,360 --> 00:16:34,960 Speaker 1: just simple me there. I'm sure there's more. There's got 284 00:16:35,040 --> 00:16:38,520 Speaker 1: to be more clarity on this thing. It's confounding. I 285 00:16:38,520 --> 00:16:41,400 Speaker 1: think a lot of Americans feel just like Senator John 286 00:16:41,400 --> 00:16:45,280 Speaker 1: Tester today, talk to me because none of this is 287 00:16:45,280 --> 00:16:51,400 Speaker 1: adding up. You're listening to the Bloomberg Sound on podcast 288 00:16:51,800 --> 00:16:55,280 Speaker 1: Catch us Live weekdays at five Eastern on Bloomberg dot com, 289 00:16:55,320 --> 00:16:57,880 Speaker 1: The I Heard Radio app and the Bloomberg Business appen 290 00:16:58,000 --> 00:17:01,960 Speaker 1: for listening on demand wherever you get your podcast. I 291 00:17:02,000 --> 00:17:03,880 Speaker 1: suppose it's good that Donald Trump has a lot of 292 00:17:03,880 --> 00:17:06,000 Speaker 1: his own money, right at least that's what he says. 293 00:17:06,040 --> 00:17:08,280 Speaker 1: He just doesn't tend to use it on his own campaign, 294 00:17:08,320 --> 00:17:11,840 Speaker 1: and so this becomes a problem. Republican donors sour on Trump. 295 00:17:11,880 --> 00:17:15,520 Speaker 1: I read on the terminal seek to choke off bid 296 00:17:16,480 --> 00:17:20,000 Speaker 1: great piece of work by our colleagues here at Bloomberg, 297 00:17:20,000 --> 00:17:21,879 Speaker 1: including Laura Davison, is going to be with us in 298 00:17:21,920 --> 00:17:25,600 Speaker 1: a second key Republicans trying to choke off momentum. They 299 00:17:25,640 --> 00:17:28,200 Speaker 1: write that Trump can build for a third White House campaign. 300 00:17:29,000 --> 00:17:32,240 Speaker 1: Two In recent days, two of the most prominent conservative 301 00:17:32,280 --> 00:17:39,199 Speaker 1: donor groups, the Network founded by billionaire Charles Coke and 302 00:17:39,280 --> 00:17:41,800 Speaker 1: his late brother David, as well as the anti tax 303 00:17:41,880 --> 00:17:47,320 Speaker 1: Club for Growth. They're looking for somebody else and that 304 00:17:47,359 --> 00:17:50,800 Speaker 1: means a lot of money. And Laura joins us now 305 00:17:50,800 --> 00:17:53,760 Speaker 1: in the program. Laura Davison, Bloomberg Congress reporter, is great 306 00:17:53,760 --> 00:17:56,359 Speaker 1: to have you with us here. Laura, how much of 307 00:17:56,400 --> 00:17:59,800 Speaker 1: a problem is this for Donald Trump? It was he 308 00:18:00,000 --> 00:18:03,760 Speaker 1: getting lots of small dollar donations or is this the 309 00:18:03,800 --> 00:18:07,399 Speaker 1: real juice for the campaign? This has the potential to 310 00:18:07,480 --> 00:18:10,359 Speaker 1: be a really big problem for Trump. He is noted 311 00:18:10,400 --> 00:18:14,000 Speaker 1: for his small dollar donations and amassing a massive war 312 00:18:14,119 --> 00:18:17,320 Speaker 1: chest in the past through that, but so far this 313 00:18:17,400 --> 00:18:19,800 Speaker 1: year he's not been able to do that. He's raised just, 314 00:18:20,000 --> 00:18:22,760 Speaker 1: you know, less than ten million dollars um. He hasn't 315 00:18:22,800 --> 00:18:24,560 Speaker 1: had a lot of momentum behind him. Part of that 316 00:18:24,680 --> 00:18:26,879 Speaker 1: is just we are super early in the campaign stage. 317 00:18:27,119 --> 00:18:30,280 Speaker 1: But it's also because Facebook advertising is way less lucrative 318 00:18:30,280 --> 00:18:32,760 Speaker 1: than it used to be. Because of some changes on 319 00:18:32,800 --> 00:18:36,080 Speaker 1: Facebook side. So not having some of these big donors, 320 00:18:36,080 --> 00:18:38,639 Speaker 1: you know, the Adelson sub Mercer family, the Coke network 321 00:18:38,960 --> 00:18:42,679 Speaker 1: behind him, and also having them vocally say we're not 322 00:18:42,800 --> 00:18:45,760 Speaker 1: supporting Trump, we want a different guy will be very 323 00:18:45,800 --> 00:18:49,239 Speaker 1: influential throughout the donor class, both among big donors and 324 00:18:49,440 --> 00:18:51,560 Speaker 1: could also spill over to small donors as they start 325 00:18:51,560 --> 00:18:54,400 Speaker 1: to see other candidates get some big funding and momentum 326 00:18:54,400 --> 00:18:57,440 Speaker 1: behind them. The loss of Shelley Adelson alone is huge, 327 00:18:57,480 --> 00:19:00,639 Speaker 1: is it not? Yeah, Miriam Adelson, So she and her 328 00:19:00,720 --> 00:19:03,960 Speaker 1: late husband donated ninety million dollars to Trump's campaigns in 329 00:19:05,200 --> 00:19:07,080 Speaker 1: one of the biggest donors you know, and they're you know, 330 00:19:07,119 --> 00:19:09,840 Speaker 1: in terms of Republican donors, more than two hundred million 331 00:19:09,880 --> 00:19:13,879 Speaker 1: dollars in total. And so that's a big chunk of change. 332 00:19:13,920 --> 00:19:16,400 Speaker 1: If they decided to get behind someone else, that could 333 00:19:16,400 --> 00:19:19,320 Speaker 1: pose a problem to to Trump. So we're talking about 334 00:19:19,320 --> 00:19:21,840 Speaker 1: millions of dollars up for grabs. Here are they're not 335 00:19:21,920 --> 00:19:25,240 Speaker 1: indicating by by putting money down. I realized that, you know, 336 00:19:25,240 --> 00:19:27,280 Speaker 1: we don't have a lot of official campaigns. We only 337 00:19:27,280 --> 00:19:30,880 Speaker 1: have one still, um Nikki Haley shows up. Maybe later 338 00:19:30,960 --> 00:19:32,960 Speaker 1: we get someone like Asa Hutchinson, who was with us 339 00:19:33,040 --> 00:19:35,640 Speaker 1: last evening. Maybe it's Rhonda Santis, But do they keep 340 00:19:35,680 --> 00:19:38,960 Speaker 1: their powder dry until then? What we're hearing from a 341 00:19:39,000 --> 00:19:41,840 Speaker 1: lot of particularly these big donors, is that they want 342 00:19:41,880 --> 00:19:44,639 Speaker 1: to see how the primary goes. They want to see 343 00:19:44,720 --> 00:19:47,600 Speaker 1: which candidates come to the top. There could be you know, 344 00:19:47,640 --> 00:19:50,040 Speaker 1: as many as twelve or fifteen candidates who decided to 345 00:19:50,080 --> 00:19:51,919 Speaker 1: throw their name into the hat. And some of these 346 00:19:51,960 --> 00:19:53,679 Speaker 1: big donors, and we're also seeing this on Capitol Hill 347 00:19:53,760 --> 00:19:55,960 Speaker 1: members too, aren't getting out in front and saying that 348 00:19:56,000 --> 00:19:58,040 Speaker 1: there's a specific person they want to be. They want 349 00:19:58,040 --> 00:20:00,320 Speaker 1: to give it a little bit of time before they really, uh, 350 00:20:00,359 --> 00:20:03,920 Speaker 1: you know, start investing in one specific person. Wow. So 351 00:20:03,960 --> 00:20:06,320 Speaker 1: this kind of explains to why Donald Trump has been 352 00:20:06,400 --> 00:20:08,879 Speaker 1: dinging Rhn de Santis on social media on an almost 353 00:20:08,920 --> 00:20:12,359 Speaker 1: daily basis. Late he doesn't it, Yes, this really uh 354 00:20:12,440 --> 00:20:14,000 Speaker 1: you know, we can kind of see what Trump is 355 00:20:14,040 --> 00:20:16,320 Speaker 1: thinking about the field based on who he's criticizing and 356 00:20:16,359 --> 00:20:20,080 Speaker 1: also who he's not criticizing. Nicki Haley for example, he uh, 357 00:20:20,119 --> 00:20:22,000 Speaker 1: you know, wasn't harsh on her at all. You know, 358 00:20:22,160 --> 00:20:23,960 Speaker 1: she's going to be the next one to get into 359 00:20:24,000 --> 00:20:26,359 Speaker 1: the race here next week, So that what kind of 360 00:20:26,359 --> 00:20:27,919 Speaker 1: tells you that the Trump doesn't see her as much 361 00:20:27,920 --> 00:20:29,520 Speaker 1: of a threat or does he see her as a 362 00:20:29,560 --> 00:20:32,960 Speaker 1: potential running mate. That's also possible too. I mean the 363 00:20:33,040 --> 00:20:35,440 Speaker 1: joke right now, you know, for a lot of these candidateses, 364 00:20:35,440 --> 00:20:38,200 Speaker 1: you know that they're entering the race to be vice president, 365 00:20:38,720 --> 00:20:40,680 Speaker 1: that's certainly possible. But when you look at polling, de 366 00:20:40,760 --> 00:20:43,399 Speaker 1: Santis polls really strongly right now. We'll see if he 367 00:20:43,440 --> 00:20:46,200 Speaker 1: can keep that up, but you know De Santis clearly 368 00:20:46,200 --> 00:20:48,120 Speaker 1: as someone that Trump has to sites that on as 369 00:20:48,160 --> 00:20:51,120 Speaker 1: being a potential kind of you know, his main competitor 370 00:20:51,160 --> 00:20:54,280 Speaker 1: in this race. Laura, thank you as over Laura Davison 371 00:20:54,480 --> 00:20:57,239 Speaker 1: with the headline Republican donors sour on Trump. Here from 372 00:20:57,280 --> 00:21:01,159 Speaker 1: the panel on this Jeannie Chantano and Rick Davis makeup 373 00:21:01,160 --> 00:21:07,560 Speaker 1: our panel Bloomer Politics contributors. Uh Rick, the Republican apparatus here, 374 00:21:07,359 --> 00:21:11,040 Speaker 1: the campaign fundraising apparatus is kind of on ice. I 375 00:21:11,040 --> 00:21:13,639 Speaker 1: guess until we start filling this stage, what does what 376 00:21:13,680 --> 00:21:17,000 Speaker 1: does this development tell you about Donald Trump? Though? Yeah, look, 377 00:21:17,000 --> 00:21:20,399 Speaker 1: I mean it shows that huge swath of the quote 378 00:21:20,600 --> 00:21:26,280 Speaker 1: establishment Republican Party that donors that supported him in both 379 00:21:26,320 --> 00:21:31,080 Speaker 1: sixteen and twenty uh for his presidential bid, or either 380 00:21:31,280 --> 00:21:36,320 Speaker 1: sitting out completely like uh Miriam Adelson um uh and 381 00:21:36,720 --> 00:21:40,320 Speaker 1: or supporting somebody else, which actually means even worse, right 382 00:21:40,359 --> 00:21:43,000 Speaker 1: because that that money that is used against you. UM. 383 00:21:43,000 --> 00:21:44,639 Speaker 1: But I think what you look to and and what 384 00:21:44,720 --> 00:21:46,720 Speaker 1: I look at two is not only is he getting 385 00:21:46,760 --> 00:21:49,880 Speaker 1: pinched on the income side, but he's spending an enormous 386 00:21:49,920 --> 00:21:53,960 Speaker 1: amount of expenses that aren't really compatible with the income. 387 00:21:54,000 --> 00:21:56,480 Speaker 1: I mean he's used to, you know, raising and spending 388 00:21:56,480 --> 00:21:59,359 Speaker 1: a billion dollars in his last campaign for president. And 389 00:21:59,760 --> 00:22:02,320 Speaker 1: you know, he transferred a bunch of money, UM, twenty 390 00:22:02,320 --> 00:22:05,280 Speaker 1: million dollars out of his Save America pack, you know, 391 00:22:05,359 --> 00:22:09,120 Speaker 1: to his Trump you know, uh Aligned superpack to help 392 00:22:09,200 --> 00:22:12,280 Speaker 1: candidates in the last term. Uh. We see how literally 393 00:22:12,320 --> 00:22:15,320 Speaker 1: got out of that um to candidates like you know, 394 00:22:15,680 --> 00:22:19,200 Speaker 1: uh Carry Lake who lost in others. So he didn't 395 00:22:19,240 --> 00:22:21,520 Speaker 1: get a really bang for his buck on that. And 396 00:22:21,520 --> 00:22:24,600 Speaker 1: and he spent almost ten million dollars out of his 397 00:22:24,640 --> 00:22:27,720 Speaker 1: packs on legal expenses just to keep himself out of jail, 398 00:22:28,160 --> 00:22:30,760 Speaker 1: and and and and nobody looks at those and says, wow, 399 00:22:30,800 --> 00:22:33,000 Speaker 1: these are really great for our chances of becoming the 400 00:22:33,040 --> 00:22:35,919 Speaker 1: nomine of the party. And so the question is, you know, 401 00:22:36,000 --> 00:22:38,639 Speaker 1: what's he gonna do with all this spending a million 402 00:22:38,680 --> 00:22:41,760 Speaker 1: dollars in this latest report just on you know, like 403 00:22:41,920 --> 00:22:44,960 Speaker 1: properties he owns in New York half a million dollars 404 00:22:45,000 --> 00:22:48,560 Speaker 1: almost uh at Trump Tower, where there was no political 405 00:22:48,560 --> 00:22:50,760 Speaker 1: activity going on. It wasn't like there were events there. 406 00:22:51,040 --> 00:22:52,800 Speaker 1: They don't have any offices there. You know, what he 407 00:22:52,880 --> 00:22:55,359 Speaker 1: spend that money on is keeping his rent up or something. 408 00:22:55,400 --> 00:22:58,800 Speaker 1: So so I think that there could be a real 409 00:22:58,840 --> 00:23:01,040 Speaker 1: reckoning for for Rump. He's gonna have to figure out 410 00:23:01,040 --> 00:23:03,760 Speaker 1: how to tighten his belt and and we're gonna see 411 00:23:03,760 --> 00:23:06,040 Speaker 1: whether or not that's something he wants to try to do. 412 00:23:06,280 --> 00:23:09,360 Speaker 1: So it's another De Santis rising kind of story here. 413 00:23:09,440 --> 00:23:11,480 Speaker 1: Jeanie and Boy, they've been going at it lately. I 414 00:23:11,760 --> 00:23:13,919 Speaker 1: don't know if you've been watching the truth social for 415 00:23:14,080 --> 00:23:15,879 Speaker 1: us here, but even on Twitter, a lot of this 416 00:23:15,960 --> 00:23:20,399 Speaker 1: is being reposted, uh now suggesting going actually out of 417 00:23:20,440 --> 00:23:23,920 Speaker 1: his way with a photograph to suggest that Rhonda Santis 418 00:23:24,600 --> 00:23:30,080 Speaker 1: is a pedophile. Uh. We got a lot of this 419 00:23:30,240 --> 00:23:32,399 Speaker 1: race left, so just imagine where this could go. But 420 00:23:32,480 --> 00:23:35,280 Speaker 1: Rhonda Santis actually poked him back. Listen I spend my 421 00:23:35,400 --> 00:23:39,760 Speaker 1: time delivering results for the people of Florida and fighting 422 00:23:39,840 --> 00:23:43,280 Speaker 1: against Joe Biden. That's how I spend my time. Okay, 423 00:23:43,680 --> 00:23:47,800 Speaker 1: rat of applause. You gotta get to the punchline here though, right, 424 00:23:51,160 --> 00:23:54,680 Speaker 1: I don't spend my time trying to smear other Republicans. 425 00:23:57,000 --> 00:24:00,399 Speaker 1: Where's this going then, Jeannie? Yeah, and we have only 426 00:24:00,520 --> 00:24:03,520 Speaker 1: just begun. This is about the third attack he's made 427 00:24:03,560 --> 00:24:06,639 Speaker 1: under Santis. Beholden to the deep state, beholding special interest. 428 00:24:06,800 --> 00:24:09,720 Speaker 1: Now he is a pedophile. And yes, Joe Matthew, of 429 00:24:09,760 --> 00:24:12,840 Speaker 1: course I've been watching truth social This story goes back 430 00:24:12,880 --> 00:24:15,639 Speaker 1: twenty years. New York Times reported it last year. He 431 00:24:15,720 --> 00:24:17,359 Speaker 1: worked at a high school for a year when he 432 00:24:17,440 --> 00:24:19,879 Speaker 1: was young. Apparently was caught at a partner. Caught was 433 00:24:19,920 --> 00:24:22,439 Speaker 1: at a party with people who had graduated. There was 434 00:24:22,560 --> 00:24:25,640 Speaker 1: no evidence that he had done anything or certainly wasn't 435 00:24:25,640 --> 00:24:28,119 Speaker 1: anything close to a pedophile. But you know what I 436 00:24:28,240 --> 00:24:30,639 Speaker 1: hear they're run to Santis saying, is he's going to 437 00:24:30,760 --> 00:24:33,760 Speaker 1: stay above the fray. And this is the problem Republicans have. 438 00:24:34,200 --> 00:24:37,560 Speaker 1: This is eight ten years of hoping magically that Donald 439 00:24:37,600 --> 00:24:41,199 Speaker 1: Trump will go away. He simply doesn't seem to go away, 440 00:24:41,520 --> 00:24:43,600 Speaker 1: and so I think it's a very important sign that 441 00:24:43,680 --> 00:24:46,760 Speaker 1: you see Americans for prosperity, you see Miriam Adelson and 442 00:24:46,840 --> 00:24:49,560 Speaker 1: others saying they're gonna put their money behind it. That's 443 00:24:49,600 --> 00:24:53,359 Speaker 1: an important sign. But the question is if Donald Trump 444 00:24:53,440 --> 00:24:56,320 Speaker 1: starts to win some primaries, and he very well could, 445 00:24:56,600 --> 00:24:59,640 Speaker 1: are they then gonna turn back and either stay out 446 00:24:59,640 --> 00:25:02,520 Speaker 1: of it and let him run his course or support him. 447 00:25:02,760 --> 00:25:04,800 Speaker 1: And this is something we've seen in the past. So 448 00:25:04,880 --> 00:25:07,680 Speaker 1: there is an awfully long way to go. And he 449 00:25:07,800 --> 00:25:10,560 Speaker 1: is doing what he always does, picking off these rivals, 450 00:25:10,680 --> 00:25:13,560 Speaker 1: waiting seeing if he can take them down one at 451 00:25:13,560 --> 00:25:15,800 Speaker 1: a time. And De Santis is on the top of 452 00:25:15,840 --> 00:25:18,359 Speaker 1: his list, and he has said certain things about Nicki 453 00:25:18,440 --> 00:25:20,240 Speaker 1: Haley which leads you to believe when she gets in 454 00:25:20,320 --> 00:25:23,280 Speaker 1: next week, he will go after her more strongly, very 455 00:25:23,440 --> 00:25:27,000 Speaker 1: anti female, anti women in power approach. He's taken with her. 456 00:25:28,040 --> 00:25:30,080 Speaker 1: De Santis and Trump they're like they're like a couple 457 00:25:30,160 --> 00:25:32,199 Speaker 1: of fighters circling each other in the ring here right 458 00:25:32,200 --> 00:25:34,639 Speaker 1: in the size of each other up. Nobody's really landed 459 00:25:34,640 --> 00:25:37,880 Speaker 1: a punch yet. But if you're Rhonda Santis, if you're 460 00:25:37,880 --> 00:25:41,480 Speaker 1: preparing Rhonda Santis to get into this race, does he 461 00:25:41,600 --> 00:25:44,480 Speaker 1: have to beat Donald Trump on the debate stage to 462 00:25:44,600 --> 00:25:49,399 Speaker 1: move forward? Gosh, if I were preparing Rhonda Santis, I 463 00:25:49,400 --> 00:25:51,720 Speaker 1: would tell him never get on a debate stage with 464 00:25:51,760 --> 00:25:56,120 Speaker 1: Donald Trump because it's just it's just Wackyville, right, I mean, 465 00:25:56,640 --> 00:26:00,200 Speaker 1: nobody has ever been able to prove um that being 466 00:26:00,240 --> 00:26:02,159 Speaker 1: on a debate stage with Donald Trump pays off in 467 00:26:02,200 --> 00:26:04,840 Speaker 1: the end. Right, he just makes stuff up. He says 468 00:26:04,960 --> 00:26:10,000 Speaker 1: incredibly irreverent things. Uh, there is no rule in advance 469 00:26:10,040 --> 00:26:13,000 Speaker 1: that you can set that he's gonna bide by, and 470 00:26:13,000 --> 00:26:15,719 Speaker 1: and so um. You know, I really don't think it's 471 00:26:15,760 --> 00:26:20,480 Speaker 1: actually inappropriate for Republican candidates to tell debate organizers that 472 00:26:20,560 --> 00:26:22,000 Speaker 1: they don't want to get on a stage with Donald 473 00:26:22,040 --> 00:26:25,320 Speaker 1: Trump because they can't impose any rules on him that 474 00:26:25,359 --> 00:26:27,840 Speaker 1: they're gonna impose on the other candidates. I mean, he'll 475 00:26:28,000 --> 00:26:31,480 Speaker 1: he'll play by the rules, Rhonda Santis Nicki Haley, she'll 476 00:26:31,480 --> 00:26:34,520 Speaker 1: play by the rules Donald Trump. Zero chance that that's 477 00:26:34,520 --> 00:26:37,000 Speaker 1: gonna happen. So we're back in a world where it's 478 00:26:37,040 --> 00:26:39,399 Speaker 1: not the moderator you need to worry about. It's that 479 00:26:39,480 --> 00:26:43,960 Speaker 1: other guy at the end of the stage. You're listening 480 00:26:44,040 --> 00:26:47,640 Speaker 1: to the Bloomberg Sound On podcast. Catch the program live 481 00:26:47,720 --> 00:26:51,160 Speaker 1: weekdays at five pm Easter on Bloomberg Radio, to tune 482 00:26:51,160 --> 00:26:54,200 Speaker 1: in app, Bloomberg dot Com, and the Bloomberg Business App. 483 00:26:54,359 --> 00:26:57,199 Speaker 1: You can also listen live on Amazon Alexa from our 484 00:26:57,240 --> 00:27:01,480 Speaker 1: flagship New York station, Just say Alexa play Bloomberg eleven. 485 00:27:03,240 --> 00:27:06,560 Speaker 1: It was the first meeting of the House Select subcommittee 486 00:27:07,240 --> 00:27:13,159 Speaker 1: exploring the weaponization of the US government against Republicans. This 487 00:27:13,320 --> 00:27:16,119 Speaker 1: is a subcommittee of the Judiciary, and the White House 488 00:27:16,200 --> 00:27:18,960 Speaker 1: was out ahead of this conversation today because this was 489 00:27:19,000 --> 00:27:22,359 Speaker 1: the first sort of big break in the investigation onnously break, 490 00:27:22,440 --> 00:27:25,600 Speaker 1: but the first big hearing or conversation in the Hunter 491 00:27:25,680 --> 00:27:29,840 Speaker 1: Biden laptop conversation. The White House out with a statement 492 00:27:29,920 --> 00:27:35,960 Speaker 1: spokesman Ian Sam's and a memo attained by Bloomberg making 493 00:27:36,000 --> 00:27:40,199 Speaker 1: the comparison to McCarthy is m Jim Jordan launching the 494 00:27:40,240 --> 00:27:43,000 Speaker 1: Fox News reboot. It it reads of the House un 495 00:27:43,000 --> 00:27:47,919 Speaker 1: American Activities Committee with a political stunt that weaponizes Congress 496 00:27:47,960 --> 00:27:52,240 Speaker 1: to carry out the priorities of extreme mega Republicans. The 497 00:27:52,400 --> 00:27:59,800 Speaker 1: chair would not agree, nor would Ron Johnson, he was 498 00:28:00,119 --> 00:28:04,000 Speaker 1: an early senator from Wisconsin. About the Hunter biden laptop. 499 00:28:04,080 --> 00:28:07,639 Speaker 1: Prior to the impeachment proceedings, Hunter Biden's obvious conflicts of 500 00:28:07,680 --> 00:28:10,960 Speaker 1: interest in Ukraine became public and Senator grass and I 501 00:28:11,040 --> 00:28:16,600 Speaker 1: began investigating. We didn't target Joe and Hunter Biden. Their 502 00:28:16,640 --> 00:28:22,000 Speaker 1: actions demanded it. Senator Johnson among the witnesses today That 503 00:28:22,080 --> 00:28:28,560 Speaker 1: also included Representative former Representative Tulsey Gabbert for Hawaii, Chuck 504 00:28:28,600 --> 00:28:34,280 Speaker 1: grass Lee, the Senator from Iowa, Jamie Raskin, the ranking member, 505 00:28:34,320 --> 00:28:37,280 Speaker 1: the Democrat on the panel. His whole job, of course, 506 00:28:38,120 --> 00:28:40,719 Speaker 1: is to push back on Jim Jordan's. Dear colleagues, your 507 00:28:40,760 --> 00:28:44,880 Speaker 1: subcommittee could conceivably become part of a proud history of 508 00:28:44,960 --> 00:28:50,280 Speaker 1: serious bipartisan oversight, stretching from the Teapot Dome investigation to 509 00:28:50,360 --> 00:28:53,840 Speaker 1: the Boeing investigation, to the Watergate hearings, to the tobacco 510 00:28:53,920 --> 00:28:57,400 Speaker 1: hearings to the Select Committee on the January six attack. 511 00:28:57,880 --> 00:29:02,000 Speaker 1: Or it could take oversight on a very dark alley 512 00:29:02,040 --> 00:29:06,760 Speaker 1: filled with conspiracy theories and disinformation, a place where facts 513 00:29:06,800 --> 00:29:11,600 Speaker 1: are the enemy and partisan destruction is the overriding goal. 514 00:29:11,840 --> 00:29:14,280 Speaker 1: So we're going down a dark alley here. Let's assemble 515 00:29:14,360 --> 00:29:18,200 Speaker 1: our panel once again. Jennie Chanzano and Rick Davis Genie House. 516 00:29:18,200 --> 00:29:21,200 Speaker 1: Republicans have been promising to get into the what they 517 00:29:21,240 --> 00:29:24,120 Speaker 1: like to refer to as a Biden crime family. They're 518 00:29:24,160 --> 00:29:28,520 Speaker 1: demanding the president's son, Hunter and brother turnover banking, travel 519 00:29:28,520 --> 00:29:32,200 Speaker 1: and other documents and communications. What are we in for here? 520 00:29:32,280 --> 00:29:36,320 Speaker 1: Speaking of dark tunnels? You know, we would hope we 521 00:29:36,360 --> 00:29:38,720 Speaker 1: would be able to get some facts because if we 522 00:29:38,840 --> 00:29:41,640 Speaker 1: got facts and it spoke to the fact that big tech, 523 00:29:41,720 --> 00:29:44,560 Speaker 1: whether it's Twitter or that there was you know, some 524 00:29:44,640 --> 00:29:46,920 Speaker 1: kind of politicization of the FBI or d o J, 525 00:29:47,440 --> 00:29:49,360 Speaker 1: that we could get those facts on the ground and 526 00:29:49,400 --> 00:29:52,160 Speaker 1: Congress could use its oversight to begin to talk about 527 00:29:52,160 --> 00:29:56,160 Speaker 1: serious regulation. But when the focus is all on you know, 528 00:29:56,480 --> 00:30:00,000 Speaker 1: Joe Biden, Hunter Biden, that's not the track we're going down. 529 00:30:00,000 --> 00:30:02,920 Speaker 1: And that's been the problem. Whether you're talking about James 530 00:30:02,960 --> 00:30:05,480 Speaker 1: Comer or you're talking about Jim Jordan, who has been 531 00:30:05,520 --> 00:30:08,000 Speaker 1: you know, pushing this narrative for a long time. The 532 00:30:08,080 --> 00:30:12,880 Speaker 1: reality is you can't hide behind the idea of whistleblowers 533 00:30:12,960 --> 00:30:15,760 Speaker 1: and you know who have not been you know, at 534 00:30:15,800 --> 00:30:18,400 Speaker 1: least we have no evidence of what they've said. You've 535 00:30:18,400 --> 00:30:20,960 Speaker 1: got to bring out the facts and The problem, as 536 00:30:21,000 --> 00:30:23,280 Speaker 1: you just look at the Twitter case for instance, is 537 00:30:23,320 --> 00:30:26,200 Speaker 1: that we've seen it go both ways. We saw Twitter 538 00:30:26,520 --> 00:30:29,560 Speaker 1: do things that were unfair at the conservatives. Certainly the 539 00:30:29,600 --> 00:30:31,640 Speaker 1: New York Post stories should not have been suppressed, and 540 00:30:31,680 --> 00:30:34,480 Speaker 1: they acknowledged that twenty four hours later. But they did 541 00:30:34,520 --> 00:30:36,760 Speaker 1: the same thing on the Democratic side when it spoke 542 00:30:36,800 --> 00:30:39,640 Speaker 1: to President Trump tweeting, and then they decided to change 543 00:30:39,680 --> 00:30:41,920 Speaker 1: the rules. So you know, they've got to look at 544 00:30:41,920 --> 00:30:44,040 Speaker 1: the both sides. They've got to get the facts out. 545 00:30:44,080 --> 00:30:46,760 Speaker 1: And the problem is that's not where we are pushing 546 00:30:46,800 --> 00:30:50,680 Speaker 1: forward to. And Democrats, unlike Republicans for January six, are 547 00:30:50,720 --> 00:30:52,840 Speaker 1: staying on the committee and they are going to make 548 00:30:52,880 --> 00:30:54,680 Speaker 1: their case. And so it's going to be harder for 549 00:30:54,720 --> 00:30:57,480 Speaker 1: Republicans to push this narrative unless they have facts to 550 00:30:57,520 --> 00:31:00,600 Speaker 1: support it. Rick, we knew these investigations were coming. They 551 00:31:00,640 --> 00:31:03,720 Speaker 1: were promised by the incoming House majority. So here we 552 00:31:03,760 --> 00:31:08,720 Speaker 1: are this subcommittee, Uh, in this hearing today examining quote 553 00:31:08,760 --> 00:31:11,800 Speaker 1: politicization of the FBI and d o J and attacks 554 00:31:12,200 --> 00:31:15,800 Speaker 1: on American civil liberties? Is the White House going too 555 00:31:15,840 --> 00:31:19,840 Speaker 1: far to compare that to McCarthy ism. You know, look, 556 00:31:19,880 --> 00:31:22,560 Speaker 1: I mean I don't know why the White House is 557 00:31:22,560 --> 00:31:25,040 Speaker 1: even engaging on this. Right, there's going to be no 558 00:31:25,480 --> 00:31:28,880 Speaker 1: solution to this this there's they're working towards a committee 559 00:31:28,920 --> 00:31:33,880 Speaker 1: report by January of I mean, we've got two full 560 00:31:34,040 --> 00:31:37,000 Speaker 1: years of this committee doing their work. And if the 561 00:31:37,360 --> 00:31:40,680 Speaker 1: if the Biden White House spends time sending out press 562 00:31:40,680 --> 00:31:43,360 Speaker 1: releases every time these guys have a meeting, they're gonna 563 00:31:43,400 --> 00:31:46,560 Speaker 1: they're gonna they're gonna turn the White House into, you know, 564 00:31:46,760 --> 00:31:49,480 Speaker 1: just a press release machine. They're gonna have any time 565 00:31:49,520 --> 00:31:52,360 Speaker 1: for anything else. And and so let let the Grievance 566 00:31:52,400 --> 00:31:54,480 Speaker 1: Committee be the Grievance Committee and leave it to the 567 00:31:54,560 --> 00:31:56,800 Speaker 1: Democrats on the committee, who actually are gonna have a 568 00:31:56,840 --> 00:31:59,560 Speaker 1: field day with this, right because you know, everybody they 569 00:31:59,560 --> 00:32:01,120 Speaker 1: put up there, they get a shot at asking them 570 00:32:01,200 --> 00:32:04,440 Speaker 1: questions and they can try and debunk some of this stuff. Um. 571 00:32:04,440 --> 00:32:07,480 Speaker 1: But yeah, I mean I really think that they're making 572 00:32:07,480 --> 00:32:10,520 Speaker 1: too much of this. Uh you give it credence when 573 00:32:10,560 --> 00:32:14,840 Speaker 1: the president in the White House put out releases attacking them, 574 00:32:14,880 --> 00:32:18,000 Speaker 1: you're elevating them. And uh, I know that's always been 575 00:32:18,000 --> 00:32:20,280 Speaker 1: a big issue in politics, is you know, do you 576 00:32:20,320 --> 00:32:22,720 Speaker 1: really respond to any of this kind of noise because 577 00:32:22,720 --> 00:32:25,760 Speaker 1: you're just elevating it into the mainstream and right now, 578 00:32:25,840 --> 00:32:28,440 Speaker 1: without the White House's involvement, we wouldn't really be having 579 00:32:28,520 --> 00:32:32,600 Speaker 1: much to talk about today speaking of grievances, This, I 580 00:32:32,600 --> 00:32:36,480 Speaker 1: guess was inevitable as a couple of lawmakers, including Congressman 581 00:32:36,560 --> 00:32:41,680 Speaker 1: Robert Garcia, Democrat from California, offer a resolution calling for 582 00:32:41,720 --> 00:32:44,920 Speaker 1: the expulsion of you know who, Congressman George Santos of 583 00:32:44,960 --> 00:32:48,040 Speaker 1: New York. Just a few minutes ago, we filed in 584 00:32:48,080 --> 00:32:52,000 Speaker 1: the House floor an expulsion of George Santos. Of Congressman 585 00:32:52,000 --> 00:32:55,160 Speaker 1: Santos um, it's really important for us to recognize that 586 00:32:55,280 --> 00:32:59,720 Speaker 1: George Santos is a fraud, a liar. He has lied 587 00:32:59,720 --> 00:33:03,000 Speaker 1: about the most horrific shooting in the in lgbt Q 588 00:33:03,120 --> 00:33:06,280 Speaker 1: modern history, the puls nightclub shooting. He's lied about nine eleven. 589 00:33:06,600 --> 00:33:09,480 Speaker 1: He's lied about the Holocaust. He's lied about his education, 590 00:33:09,840 --> 00:33:12,800 Speaker 1: he's lied about his career. Okay, you may agree with 591 00:33:12,840 --> 00:33:14,959 Speaker 1: all of that, Genie, but is this just yet another 592 00:33:15,080 --> 00:33:18,280 Speaker 1: exercise and futility, another action by Congress that leads to 593 00:33:18,280 --> 00:33:21,680 Speaker 1: nothing that There's been a long list of them lately. Yeah, 594 00:33:21,760 --> 00:33:25,320 Speaker 1: it absolutely is. This resolution is going nowhere they have 595 00:33:25,400 --> 00:33:27,880 Speaker 1: admitted it. They are going to try to push this 596 00:33:27,920 --> 00:33:31,200 Speaker 1: as it is a messaging push, and you know it's 597 00:33:31,240 --> 00:33:34,520 Speaker 1: gonna lie flat unless Republicans, you know, bring this to 598 00:33:34,560 --> 00:33:36,440 Speaker 1: the forefront. And you know, it sort of ties in 599 00:33:36,520 --> 00:33:38,680 Speaker 1: with what Rick was just talking about about the White House. 600 00:33:39,000 --> 00:33:41,280 Speaker 1: This is the Democrats attempt, whether the White House in 601 00:33:41,320 --> 00:33:45,800 Speaker 1: this case or the Democrats in the case of George Santos, 602 00:33:46,000 --> 00:33:49,520 Speaker 1: to keep highlighting extremism and bad behavior on the Republican 603 00:33:49,600 --> 00:33:53,240 Speaker 1: side because they believe that's politically going to suit their 604 00:33:53,480 --> 00:33:56,120 Speaker 1: wishes in so we're going to see a lot more 605 00:33:56,120 --> 00:33:58,600 Speaker 1: of this on both sides. Is this an ad hawc effort? 606 00:33:58,640 --> 00:34:01,600 Speaker 1: Kind of you know, different law makers do things spontaneously, 607 00:34:01,680 --> 00:34:04,239 Speaker 1: Rick or have have? Have the Democrats actually laid out 608 00:34:04,280 --> 00:34:07,280 Speaker 1: a plan where each office gets kind of a different 609 00:34:07,280 --> 00:34:09,680 Speaker 1: piece of this. You put up the resolution to explos 610 00:34:09,840 --> 00:34:12,160 Speaker 1: for expulsion. You know we're gonna have you meet him 611 00:34:12,200 --> 00:34:14,120 Speaker 1: in the Hall of day Mitt Romney, you get him 612 00:34:14,160 --> 00:34:16,440 Speaker 1: in the in the aisle. That not that that's democratic, 613 00:34:16,440 --> 00:34:18,760 Speaker 1: but I just wonder how organized any of this effort 614 00:34:18,920 --> 00:34:22,720 Speaker 1: is when you've got a California congressman trying to expel 615 00:34:22,760 --> 00:34:25,440 Speaker 1: somebody from New York. Yeah. No, I don't think this 616 00:34:25,520 --> 00:34:28,799 Speaker 1: is a master strategy plan by the minority leader in 617 00:34:28,800 --> 00:34:32,320 Speaker 1: the House to to ask George Santos, because George Santos 618 00:34:32,520 --> 00:34:34,759 Speaker 1: is a gift that just keeps on giving to the 619 00:34:34,760 --> 00:34:37,920 Speaker 1: Democratic Party. I mean, he should be the last guy 620 00:34:38,000 --> 00:34:41,000 Speaker 1: in the Republican coalition that they want to have ousted, 621 00:34:41,120 --> 00:34:43,960 Speaker 1: because you know, he is an argument every day for 622 00:34:44,040 --> 00:34:47,200 Speaker 1: why there's not enough you know, uh, discipline and ethics 623 00:34:47,200 --> 00:34:50,480 Speaker 1: within the Republican GOP caucus in the House of Representatives. 624 00:34:50,520 --> 00:34:52,880 Speaker 1: I mean, he's sitting on committees, he gets to go 625 00:34:52,920 --> 00:34:55,640 Speaker 1: to the State of the Union, I mean he and 626 00:34:55,640 --> 00:34:58,000 Speaker 1: then he makes an issue every time the guy walks 627 00:34:58,000 --> 00:34:59,800 Speaker 1: out of his door, even when he's walking into his 628 00:35:00,120 --> 00:35:02,840 Speaker 1: or I mean, he's delivering the wrong kind of donuts 629 00:35:02,840 --> 00:35:05,239 Speaker 1: to the press shot. So so at the end of 630 00:35:05,280 --> 00:35:07,920 Speaker 1: the day, I mean, like, sure, these are these are 631 00:35:07,960 --> 00:35:10,839 Speaker 1: things Democrats will do to get a press release that day, 632 00:35:10,880 --> 00:35:12,440 Speaker 1: and we're going to talk about it and other reporters 633 00:35:12,440 --> 00:35:14,600 Speaker 1: are gonna write stories about it. But at the end 634 00:35:14,600 --> 00:35:17,480 Speaker 1: of the day, George Santos is actually working for the 635 00:35:17,480 --> 00:35:24,759 Speaker 1: Democratic Party because he's making Republicans look horrible every day 636 00:35:25,640 --> 00:35:29,040 Speaker 1: you're listening to the Bloomberg Sound On podcast. Catch the 637 00:35:29,080 --> 00:35:32,840 Speaker 1: program live weekdays at five pm Easter on Bloomberg Radio, 638 00:35:32,960 --> 00:35:35,759 Speaker 1: the tune in app, Bloomberg dot Com, and the Bloomberg 639 00:35:35,800 --> 00:35:39,080 Speaker 1: Business App. You can also listen live on Amazon Alexa 640 00:35:39,160 --> 00:35:42,680 Speaker 1: from our flagship New York station, Just say Alexa play 641 00:35:42,800 --> 00:35:47,200 Speaker 1: Bloomberg Eleven's for being with us. On Bloomberg Sound On, 642 00:35:47,320 --> 00:35:50,600 Speaker 1: we talk a lot about the controversy in Washington here 643 00:35:50,600 --> 00:35:53,040 Speaker 1: on this program. It's something different every day lawmakers not 644 00:35:53,120 --> 00:35:58,279 Speaker 1: getting along, partisanship gripping the Capitol, government in dysfunction. Right, 645 00:35:58,320 --> 00:36:02,440 Speaker 1: that's the storyline. But unless you're actually here inside the bubble, 646 00:36:02,480 --> 00:36:05,560 Speaker 1: you may not realize that Washington you can have a 647 00:36:05,600 --> 00:36:08,000 Speaker 1: sense of humor. Sometimes the jokes are pretty bad, but 648 00:36:08,080 --> 00:36:10,480 Speaker 1: that doesn't always matter, as we learned it. Last night's 649 00:36:10,840 --> 00:36:14,920 Speaker 1: Washington Press Club Foundation dinner was that the old Trump 650 00:36:14,960 --> 00:36:18,840 Speaker 1: Hotel It's not Trump Anymore, and featured the comedy stylings 651 00:36:18,840 --> 00:36:23,320 Speaker 1: of Representatives hockeym Jeffries and Nancy Mace, Senators Chuck Schumer 652 00:36:23,360 --> 00:36:26,000 Speaker 1: and Raphael Warnock. Let me just help you out in 653 00:36:26,080 --> 00:36:31,040 Speaker 1: case you stumble once again into a black church. I'll 654 00:36:31,080 --> 00:36:34,560 Speaker 1: give you a little bit of advice for free. We 655 00:36:34,680 --> 00:36:38,120 Speaker 1: stayed there a little while. We're a little bit more animated, 656 00:36:39,760 --> 00:36:44,239 Speaker 1: and here's something that's very important to know. We don't 657 00:36:44,280 --> 00:36:46,400 Speaker 1: clap on the one and the three. We clap on 658 00:36:46,480 --> 00:36:55,680 Speaker 1: the two and the four. I'm not polling anybody out. 659 00:36:55,760 --> 00:37:01,440 Speaker 1: Let somebody tell the President. I'm the first Jewish majority leader. 660 00:37:04,680 --> 00:37:12,560 Speaker 1: But I am not just you Ish like some other 661 00:37:12,640 --> 00:37:16,919 Speaker 1: New Yorkers in Congress. I'm Jewish. I'm the real thing, 662 00:37:17,080 --> 00:37:22,440 Speaker 1: baby jam. I know George Santos hope to deliver tonight's keynote, 663 00:37:22,440 --> 00:37:26,680 Speaker 1: but organizers are lovely, beautiful. Organizers wanted someone who could 664 00:37:26,760 --> 00:37:33,000 Speaker 1: tell a joke but not actually be one. Come on, George, 665 00:37:33,040 --> 00:37:35,400 Speaker 1: you'd give the Republicans a bad name. And that's Lauren 666 00:37:35,480 --> 00:37:44,680 Speaker 1: Bobert's job. Just kidding, Lauren, don't shoot. If you like 667 00:37:44,840 --> 00:37:50,720 Speaker 1: my remarks, my name is Raphael Warnock. If you didn't, 668 00:37:51,920 --> 00:37:56,720 Speaker 1: I'm Senator at tempt Scott. Goodnight, everybody. That's the stuff 669 00:37:56,719 --> 00:37:58,680 Speaker 1: you don't see on the nightly news, you know, and 670 00:37:58,800 --> 00:38:01,799 Speaker 1: my god, that means it's on most prom season here 671 00:38:01,840 --> 00:38:05,160 Speaker 1: in Washington, d C. Final thoughts from our panel, Genie 672 00:38:05,239 --> 00:38:08,799 Speaker 1: Chanzano and Rick Davis Rick, you've spent a career around politicians. 673 00:38:08,800 --> 00:38:10,520 Speaker 1: They are some of the funniest people you can meet. 674 00:38:11,280 --> 00:38:14,040 Speaker 1: Yes they are. They work hard at it. Uh. And 675 00:38:14,080 --> 00:38:16,399 Speaker 1: they're not only funny, but they can be the butt 676 00:38:16,400 --> 00:38:18,919 Speaker 1: of the joke too, so uh, you know, they take 677 00:38:18,920 --> 00:38:21,439 Speaker 1: it from both sides pretty well. And uh, I'm really 678 00:38:21,440 --> 00:38:24,560 Speaker 1: proud of guys who can do comedy well because it's 679 00:38:24,719 --> 00:38:27,239 Speaker 1: not a prerequisite in politics, but the ones who have it, 680 00:38:27,400 --> 00:38:29,640 Speaker 1: you know, can kill it. And and and you know, 681 00:38:29,920 --> 00:38:31,880 Speaker 1: certainly my old boss John McCain was one of the 682 00:38:31,920 --> 00:38:35,799 Speaker 1: funniest people I've ever met. Genie. It's really interesting, how 683 00:38:36,200 --> 00:38:38,160 Speaker 1: you know, it's just human nature. I guess the ability 684 00:38:38,160 --> 00:38:41,240 Speaker 1: to make somebody laugh will help you get further in life, 685 00:38:41,719 --> 00:38:44,600 Speaker 1: and that includes politics. That's absolutely right. And can we 686 00:38:44,640 --> 00:38:46,799 Speaker 1: give a shout out to Nancy Mace. She had some 687 00:38:46,880 --> 00:38:50,080 Speaker 1: of the funniest lines last night, pretty cutting stuff. And 688 00:38:50,120 --> 00:38:52,839 Speaker 1: by the way, Marjorie Taylor Green Lauren Bobert was not there, 689 00:38:52,840 --> 00:38:54,719 Speaker 1: but Marjorie Taylor Green was and she had a lot 690 00:38:54,760 --> 00:38:59,000 Speaker 1: of zingers for the congress woman from Georgia. That's right. 691 00:38:59,120 --> 00:39:01,360 Speaker 1: And you know, I I thought they were both. I 692 00:39:01,360 --> 00:39:04,080 Speaker 1: thought I thought Nancy Mace was hysterical. But you know, 693 00:39:04,200 --> 00:39:06,680 Speaker 1: I do agree with you when they have a chance 694 00:39:06,760 --> 00:39:09,080 Speaker 1: to make other people laugh at their you know, looking 695 00:39:09,120 --> 00:39:11,600 Speaker 1: at themselves and not taking it all so seriously at 696 00:39:11,680 --> 00:39:13,640 Speaker 1: least if it's off the house, for it's a good thing. 697 00:39:14,160 --> 00:39:16,600 Speaker 1: I have to ask you quickly. Rick and her remaining moment. 698 00:39:16,719 --> 00:39:19,239 Speaker 1: Nancy Mace showed up on Bill Maher a couple of 699 00:39:19,239 --> 00:39:22,280 Speaker 1: weeks ago, the comedy routine. Now she's really trying to 700 00:39:22,320 --> 00:39:25,719 Speaker 1: break herself away from the Republican Brandon create one of 701 00:39:25,719 --> 00:39:28,359 Speaker 1: her own. What's how's this end for her? Well? Look, 702 00:39:28,400 --> 00:39:30,160 Speaker 1: I think you know, she's carving out of space for 703 00:39:30,160 --> 00:39:32,120 Speaker 1: her in the Republican Party. And she's from a great 704 00:39:32,160 --> 00:39:35,640 Speaker 1: district on the coast in South Carolina where they appreciate 705 00:39:35,719 --> 00:39:38,640 Speaker 1: this kind of lazy, fair government, and and I think 706 00:39:38,719 --> 00:39:41,680 Speaker 1: that it fits her personality. I mean, you know, she's 707 00:39:41,719 --> 00:39:45,880 Speaker 1: been a big proponent of more moderate causes within the party. 708 00:39:46,320 --> 00:39:50,200 Speaker 1: That's right, uh, interesting and someone to watch as we 709 00:39:50,360 --> 00:39:54,959 Speaker 1: enter the election cycle. Great talk, Rick and Genie, best 710 00:39:55,000 --> 00:39:57,640 Speaker 1: part of my day, the fastest hour in politics again. 711 00:39:57,680 --> 00:40:01,520 Speaker 1: Subscribed to the podcast search for Bloomberg. Sound on and 712 00:40:01,520 --> 00:40:04,840 Speaker 1: we'll meet you back here tomorrow. This is Bloomberg, m 713 00:40:05,040 --> 00:40:05,080 Speaker 1: M