1 00:00:00,080 --> 00:00:10,119 Speaker 1: Bloomberg Audio Studios, Podcasts, radio news. You're listening to the 2 00:00:10,119 --> 00:00:13,880 Speaker 1: Bloomberg Balance of Power podcast. Catch us live weekdays at 3 00:00:13,920 --> 00:00:17,119 Speaker 1: noon and five pm Eastern on Apple Coarckley and Android 4 00:00:17,160 --> 00:00:20,520 Speaker 1: Auto with the Bloomberg Business App. Listen on demand wherever 5 00:00:20,600 --> 00:00:25,000 Speaker 1: you get your podcasts, or watch us live on YouTube. 6 00:00:25,280 --> 00:00:28,080 Speaker 2: Welcome to the Tuesday Edition on Bloomberg TV and Radio. 7 00:00:28,400 --> 00:00:30,840 Speaker 2: I'm Joe Matthew in Washington, where we just said goodbye 8 00:00:30,920 --> 00:00:33,120 Speaker 2: to President Trump. He's on his way to Iowa right 9 00:00:33,120 --> 00:00:36,520 Speaker 2: now a speech in Des Moines back on the Affordability Tour, 10 00:00:37,040 --> 00:00:39,720 Speaker 2: set to coincide with the closing bell about four pm 11 00:00:39,800 --> 00:00:42,199 Speaker 2: Eastern time. We'll see how close to on time he is, 12 00:00:42,280 --> 00:00:44,120 Speaker 2: and we plan to bring you some of his remarks 13 00:00:44,360 --> 00:00:46,280 Speaker 2: live here on Bloomberg TV and Radio. 14 00:00:46,600 --> 00:00:49,040 Speaker 3: Having just now been asked in the White House. 15 00:00:48,920 --> 00:00:51,400 Speaker 2: Driveway on his way to Marine One about the situation 16 00:00:51,479 --> 00:00:55,760 Speaker 2: in Minneapolis and the investigation into Alex Pretty's death, he said, quote, 17 00:00:55,760 --> 00:00:59,000 Speaker 2: we're doing a big investigation. I want to see the investigation. 18 00:00:59,160 --> 00:01:01,280 Speaker 2: I'm going to be watch over it. I want a 19 00:01:01,400 --> 00:01:04,240 Speaker 2: very honorable and honest investigation, he said, I have to 20 00:01:04,240 --> 00:01:06,920 Speaker 2: see it myself. These could be some of the most 21 00:01:06,920 --> 00:01:09,160 Speaker 2: complete remarks we hear from the President today, as again 22 00:01:09,200 --> 00:01:12,920 Speaker 2: he tries to steer the narrative toward affordability, knowing that 23 00:01:13,000 --> 00:01:15,520 Speaker 2: big changes are coming now in Minneapolis. It was around 24 00:01:15,560 --> 00:01:18,240 Speaker 2: this time yesterday the President announced on truth Social that 25 00:01:18,280 --> 00:01:21,520 Speaker 2: he'd had a phone call with Tim Wallas, the governor, 26 00:01:22,240 --> 00:01:24,480 Speaker 2: suggesting that they were on a similar wavelength. 27 00:01:24,520 --> 00:01:25,520 Speaker 3: Those are the words that he used. 28 00:01:25,520 --> 00:01:27,120 Speaker 2: A bit later on today he said he had a 29 00:01:27,200 --> 00:01:30,600 Speaker 2: very good telephone conversation with Mayor Jacob Frye of Minneapolis. 30 00:01:30,880 --> 00:01:33,280 Speaker 2: A lot of progress being made. Tom Holman, he says, 31 00:01:33,319 --> 00:01:35,240 Speaker 2: we'll be meeting with him tomorrow and we're waiting for 32 00:01:35,319 --> 00:01:38,640 Speaker 2: word on that Holman has already met with the governor. 33 00:01:39,360 --> 00:01:44,640 Speaker 2: Knowing that reg Bovino has been dispatched back to California, 34 00:01:45,080 --> 00:01:46,960 Speaker 2: and that we've been seeing a bit of a sidelining 35 00:01:47,000 --> 00:01:49,160 Speaker 2: of the Secretary of Homeland Security. 36 00:01:48,800 --> 00:01:51,360 Speaker 3: Christy Nome, all of these gears turning. 37 00:01:51,880 --> 00:01:55,320 Speaker 2: As Caroline Levitt, the Press Secretary, spoke to reporters yesterday 38 00:01:55,360 --> 00:01:58,280 Speaker 2: about how to regain control over the situation. 39 00:01:58,400 --> 00:02:01,840 Speaker 4: Listen, he has outline and a clear and simple path 40 00:02:02,160 --> 00:02:06,680 Speaker 4: to restoring law and order in Minnesota. Number One Governor, 41 00:02:06,720 --> 00:02:10,160 Speaker 4: Waltz Mayerfry and all Democrat leaders should turn over all 42 00:02:10,240 --> 00:02:14,680 Speaker 4: criminal illegal aliens currently incarcerated in their prisons in jails 43 00:02:14,720 --> 00:02:18,600 Speaker 4: to federal authorities, along with any illegal aliens with active 44 00:02:18,639 --> 00:02:23,959 Speaker 4: warrants or known criminal histories for immediate deportation. Number two, 45 00:02:24,240 --> 00:02:27,200 Speaker 4: State and local law enforcement must agree to turn over 46 00:02:27,480 --> 00:02:32,240 Speaker 4: all illegal aliens who are arrested by local police. And 47 00:02:32,280 --> 00:02:37,000 Speaker 4: then thirdly, local police must assist federal law enforcement in apprehending, 48 00:02:37,360 --> 00:02:41,800 Speaker 4: in detaining illegal aliens who are wanted for crimes, especially 49 00:02:42,040 --> 00:02:44,680 Speaker 4: violent crimes that. 50 00:02:44,600 --> 00:02:47,799 Speaker 2: Path laid out this time yesterday at the White House. 51 00:02:48,280 --> 00:02:51,640 Speaker 2: Even as the investigations continue. We go to ground in 52 00:02:51,680 --> 00:02:55,920 Speaker 2: Minneapolis with Alicia Caldwell, Bloomberg News immigration reporter has made 53 00:02:55,919 --> 00:02:59,520 Speaker 2: her way to the city as all of these developments 54 00:02:59,560 --> 00:03:00,000 Speaker 2: take place. 55 00:03:00,440 --> 00:03:01,560 Speaker 3: It's great to have you with us. 56 00:03:01,560 --> 00:03:04,480 Speaker 2: I know it's bitter cold in Minneapolis, and we appreciate 57 00:03:04,520 --> 00:03:08,040 Speaker 2: your stopping down during your day of reporting here. How 58 00:03:08,480 --> 00:03:11,080 Speaker 2: are these ideas being put forth by the White House 59 00:03:11,120 --> 00:03:14,320 Speaker 2: going over with local officials, whether it's the mayor or 60 00:03:14,440 --> 00:03:15,960 Speaker 2: for that matter, the governor. 61 00:03:16,440 --> 00:03:18,919 Speaker 5: You know, For the moment, the response is a little 62 00:03:18,960 --> 00:03:23,200 Speaker 5: bit unclear from the ground Historically, the answer has been 63 00:03:23,880 --> 00:03:27,320 Speaker 5: largely know that local police don't have a role in 64 00:03:27,760 --> 00:03:30,840 Speaker 5: enforcing federal immigration law. It's a civil procedure. As a 65 00:03:30,840 --> 00:03:35,560 Speaker 5: general proposition, the state prison system does cooperate, and they 66 00:03:35,560 --> 00:03:39,720 Speaker 5: do coordinate. In fact, they've they've posted a separate page 67 00:03:39,800 --> 00:03:43,160 Speaker 5: now of information that they say robuts many of the 68 00:03:43,200 --> 00:03:47,320 Speaker 5: claims from the administration about cooperation, be it people who 69 00:03:47,440 --> 00:03:51,200 Speaker 5: were arrested from their facilities or turned over, and you know, 70 00:03:51,240 --> 00:03:54,600 Speaker 5: ICE also has to proceed and take those people into 71 00:03:54,600 --> 00:03:56,920 Speaker 5: custody when the state says, hey, we're about to release 72 00:03:56,960 --> 00:04:00,040 Speaker 5: this person. And so there's there's a conflict there. In 73 00:04:00,080 --> 00:04:02,920 Speaker 5: terms of local police. You know, they don't have very 74 00:04:02,960 --> 00:04:06,160 Speaker 5: many officers relative I have about six hundred officers. There's 75 00:04:06,240 --> 00:04:09,160 Speaker 5: three thousand federal agents here right now. We're at the 76 00:04:09,160 --> 00:04:13,520 Speaker 5: peak there was, and the Minneapolis Police Department is shorthanded. 77 00:04:13,560 --> 00:04:16,240 Speaker 5: They're down by about a third. Courting the police chief. 78 00:04:16,360 --> 00:04:19,679 Speaker 5: So you know, that's a big ask that doesn't seem 79 00:04:19,720 --> 00:04:22,159 Speaker 5: to be readily in the making. 80 00:04:23,440 --> 00:04:26,719 Speaker 2: Can you tell any difference on the ground today, Alicia? 81 00:04:26,800 --> 00:04:30,240 Speaker 2: With Bovino out, he apparently was taking some officers with him. 82 00:04:30,560 --> 00:04:33,440 Speaker 2: Is there a different posture in Minneapolis today. 83 00:04:33,880 --> 00:04:37,120 Speaker 5: It's hard to know. You know, there's as many agents 84 00:04:37,200 --> 00:04:39,599 Speaker 5: as there are and have been in the region. Sometimes 85 00:04:39,600 --> 00:04:41,360 Speaker 5: it's a bit of a needle in a haystack. So 86 00:04:41,560 --> 00:04:43,560 Speaker 5: what you're seeing is a lot of people in their 87 00:04:43,600 --> 00:04:46,640 Speaker 5: neighborhoods who who see things and then report things and 88 00:04:46,680 --> 00:04:49,599 Speaker 5: post to social media. But what I'm hearing from local 89 00:04:49,640 --> 00:04:55,520 Speaker 5: residents is a sense of relief, but tempered with wait 90 00:04:55,560 --> 00:04:59,520 Speaker 5: and see approaches. As I overheard one person described, you know, 91 00:04:59,560 --> 00:05:02,080 Speaker 5: they can't wait to dance in the street when everything 92 00:05:02,120 --> 00:05:05,240 Speaker 5: is official and over. But for now, things are still 93 00:05:05,320 --> 00:05:07,000 Speaker 5: really tense. You know, I've been here off and on 94 00:05:07,080 --> 00:05:10,200 Speaker 5: for the last three weeks, back again first thing this morning. 95 00:05:10,839 --> 00:05:13,880 Speaker 5: The city is still tense. As you drive around, you know, 96 00:05:13,920 --> 00:05:17,120 Speaker 5: you'll see people with whistles, people on street corners with 97 00:05:17,120 --> 00:05:21,360 Speaker 5: with brightly colored vest you know, operating as community lookouts 98 00:05:21,400 --> 00:05:24,080 Speaker 5: effectively and trying to help, you know, as they describe, 99 00:05:24,120 --> 00:05:26,279 Speaker 5: trying to help their neighbors stay safe. 100 00:05:27,640 --> 00:05:29,920 Speaker 2: Well, it's really important that you're there, Alicia Caledwell, we 101 00:05:30,000 --> 00:05:32,960 Speaker 2: do appreciate your reporting. You cannot do this kind of 102 00:05:33,000 --> 00:05:37,000 Speaker 2: reporting without actually being there, and would stay close to 103 00:05:37,040 --> 00:05:39,640 Speaker 2: Alicia on this ahead of our conversation with Nick mulvaney, 104 00:05:39,640 --> 00:05:41,680 Speaker 2: I want to bring in Tyler Kendall. Thank you so much, 105 00:05:41,760 --> 00:05:44,800 Speaker 2: Alicia for her take on the president's speech today. There 106 00:05:44,800 --> 00:05:46,920 Speaker 2: are two prongs to this story. You've got what's happening 107 00:05:46,920 --> 00:05:48,960 Speaker 2: in Minneapolis, and you've got the messaging that's going to 108 00:05:48,960 --> 00:05:51,359 Speaker 2: come from the President. Having heard from him in the 109 00:05:51,440 --> 00:05:54,880 Speaker 2: driveway Tyler a short time ago, he says, Christy Nome 110 00:05:55,839 --> 00:05:59,200 Speaker 2: is not out. He's going to be tracking this investigation, 111 00:05:59,640 --> 00:06:01,840 Speaker 2: and by at the time four o'clock Eastern rolls around, 112 00:06:01,880 --> 00:06:03,640 Speaker 2: he's going to want us to be talking about strides 113 00:06:03,680 --> 00:06:07,840 Speaker 2: this administration is taking when it comes to affordability. 114 00:06:07,839 --> 00:06:08,720 Speaker 3: What do we expect from him? 115 00:06:08,720 --> 00:06:11,120 Speaker 6: And de mooin Well, Joe, this bid at de escalation 116 00:06:11,320 --> 00:06:16,760 Speaker 6: from the Trump administration has largely been overshadowed because, or 117 00:06:17,240 --> 00:06:21,800 Speaker 6: rather the White House's apparent want to focus on affordability 118 00:06:22,160 --> 00:06:24,720 Speaker 6: has been overshadowed. And that is why we're seeing this 119 00:06:24,760 --> 00:06:27,680 Speaker 6: perhaps bid at a de escalation, as we were just 120 00:06:27,720 --> 00:06:30,800 Speaker 6: hearing Tom Homan now being sent over there. But it's 121 00:06:30,839 --> 00:06:34,000 Speaker 6: really continuing what feels like a theme over the past 122 00:06:34,040 --> 00:06:36,640 Speaker 6: few weeks. Right we had President Trump's speech in Davos 123 00:06:36,720 --> 00:06:38,839 Speaker 6: last week, which we were told was going to be 124 00:06:38,880 --> 00:06:42,400 Speaker 6: about affordability and then it ended up being overshadowed by Greenland. 125 00:06:42,440 --> 00:06:44,880 Speaker 6: So we'll see if this could be perhaps a reset 126 00:06:44,960 --> 00:06:47,040 Speaker 6: for President Trump as he heads to Iowa. It's been 127 00:06:47,040 --> 00:06:48,960 Speaker 6: pointed out that this is going to be a relatively 128 00:06:49,240 --> 00:06:52,719 Speaker 6: friendly crowd, right. President Trump has won Iowa repeatedly. You 129 00:06:52,800 --> 00:06:54,839 Speaker 6: and I were there during the Iowa Caucuses when it 130 00:06:54,920 --> 00:06:57,560 Speaker 6: was just about as cold as it is now, and 131 00:06:57,600 --> 00:07:01,000 Speaker 6: he handedly won that race. But he's also dealing with 132 00:07:01,040 --> 00:07:03,600 Speaker 6: a few different factors, including that Iowa has had a 133 00:07:03,640 --> 00:07:06,560 Speaker 6: mixed response when it comes to his policies, such as 134 00:07:06,560 --> 00:07:09,840 Speaker 6: trade tensions with China. Iowa is the second top producers 135 00:07:09,920 --> 00:07:13,440 Speaker 6: of soybeans in this country. Today we saw US consumer 136 00:07:13,480 --> 00:07:17,120 Speaker 6: confidence plummet to its lowest level since twenty fourteen. And 137 00:07:17,160 --> 00:07:19,280 Speaker 6: then hanging over all of this is the potential that 138 00:07:19,320 --> 00:07:22,280 Speaker 6: we could have a partial government shutdown over what is 139 00:07:22,320 --> 00:07:24,480 Speaker 6: happening when it comes to ice in Minneapolis. 140 00:07:24,560 --> 00:07:27,320 Speaker 2: Well, we'll see what the rhetoric includes. As I mentioned 141 00:07:27,320 --> 00:07:29,240 Speaker 2: that speech set for four pm Eastern, we're going to 142 00:07:29,240 --> 00:07:32,840 Speaker 2: carry it here on Bloomberg TV and radio. Incidentally, sixteen 143 00:07:32,840 --> 00:07:34,880 Speaker 2: degrees right now in des moin if that's bringing back 144 00:07:34,920 --> 00:07:37,760 Speaker 2: some memories, I think we were sub zero, which they 145 00:07:37,800 --> 00:07:40,200 Speaker 2: have been in Minneapolis as well. Tyler, thank you so much. 146 00:07:40,320 --> 00:07:45,080 Speaker 2: Right now in Minneapolis on the ground five degrees, which 147 00:07:45,120 --> 00:07:47,160 Speaker 2: is a warm up from where we were over the 148 00:07:47,200 --> 00:07:50,520 Speaker 2: weekend when thousands of protesters were on the streets. Pretty 149 00:07:50,520 --> 00:07:53,080 Speaker 2: remarkable to consider. And I'd love to know what Mick 150 00:07:53,160 --> 00:07:56,600 Speaker 2: mulvaney has in his mind today as the President gears 151 00:07:56,720 --> 00:08:01,120 Speaker 2: up for another rally, in this case in Iowa, a 152 00:08:01,240 --> 00:08:03,920 Speaker 2: very important state on the map. But it's also a 153 00:08:04,160 --> 00:08:07,720 Speaker 2: very confusing news cycle right now. The former Republican congressman, 154 00:08:08,040 --> 00:08:10,280 Speaker 2: former acting chief of Staff the White House in the 155 00:08:10,320 --> 00:08:14,440 Speaker 2: first term, former director of the Office of Management and Budget. 156 00:08:14,720 --> 00:08:15,520 Speaker 3: I could keep going. 157 00:08:15,560 --> 00:08:17,240 Speaker 2: It's a long business card, and it's been a long 158 00:08:17,280 --> 00:08:19,320 Speaker 2: time since we've had John Mick. It's good to have 159 00:08:19,400 --> 00:08:21,160 Speaker 2: you back. I hope the year is starting out well 160 00:08:21,200 --> 00:08:25,200 Speaker 2: for you. We talk a lot about resets in Washington 161 00:08:25,240 --> 00:08:29,160 Speaker 2: and with this administration. Is this another one today? 162 00:08:29,240 --> 00:08:30,840 Speaker 7: It is, and it's the likes of which I've not 163 00:08:30,880 --> 00:08:31,480 Speaker 7: seen before. 164 00:08:31,840 --> 00:08:33,560 Speaker 8: I was talking to Sean Spicer, a friend of mine 165 00:08:33,600 --> 00:08:35,000 Speaker 8: from the first administration, this morning. 166 00:08:35,040 --> 00:08:35,600 Speaker 7: We both agree. 167 00:08:35,640 --> 00:08:38,679 Speaker 8: We've not seen a pivot this significant, this quickly from 168 00:08:38,720 --> 00:08:39,320 Speaker 8: Donald Trump. 169 00:08:39,400 --> 00:08:39,640 Speaker 3: Ever. 170 00:08:40,520 --> 00:08:42,719 Speaker 7: Wow, you've talked about a couple. 171 00:08:42,440 --> 00:08:46,200 Speaker 8: Of things about Christy Nomes who are being moved aside, 172 00:08:46,360 --> 00:08:50,080 Speaker 8: maybe temporarily for Tom Holman, who will be answering directly 173 00:08:50,120 --> 00:08:50,600 Speaker 8: to the president. 174 00:08:50,600 --> 00:08:51,600 Speaker 7: President was straight about that. 175 00:08:51,920 --> 00:08:55,840 Speaker 8: But Vino getting shipped shipped off to California, the President 176 00:08:56,000 --> 00:08:59,120 Speaker 8: talking to both the governor and the mayor, which doesn't 177 00:08:59,120 --> 00:09:01,880 Speaker 8: seem remarkable. The JD Vance was there over the weekend 178 00:09:01,880 --> 00:09:03,960 Speaker 8: and did not meet with those folks who did not 179 00:09:04,120 --> 00:09:07,400 Speaker 8: talk to them. The language coming out of the White 180 00:09:07,400 --> 00:09:10,679 Speaker 8: House now from Caroline Levitt is very different than the 181 00:09:10,760 --> 00:09:12,920 Speaker 8: language that was coming out of DHS. So it's almost 182 00:09:13,320 --> 00:09:16,600 Speaker 8: on all of administration pivot, and I think greatly so. 183 00:09:16,679 --> 00:09:18,600 Speaker 7: They were getting their teeth kicked in on this politically. 184 00:09:19,000 --> 00:09:22,080 Speaker 8: I mean, anytime Americans see a citizen on his knees 185 00:09:22,120 --> 00:09:24,880 Speaker 8: getting shot in the back by federal law enforcement officers, 186 00:09:25,040 --> 00:09:27,040 Speaker 8: that's a really bad day for the White House. So 187 00:09:27,600 --> 00:09:29,480 Speaker 8: I've never seen anything like it, but I think it's 188 00:09:29,480 --> 00:09:30,240 Speaker 8: the right response. 189 00:09:31,360 --> 00:09:33,199 Speaker 3: Wow, Mick, well that's something else. 190 00:09:33,240 --> 00:09:35,320 Speaker 2: What did you make of the President's response just now 191 00:09:35,360 --> 00:09:38,440 Speaker 2: in the driveway will Christy Nomes step down? 192 00:09:38,720 --> 00:09:41,360 Speaker 3: Was the question, not will you fire her? He said no. 193 00:09:42,160 --> 00:09:45,120 Speaker 2: If you're a cabinet secretary on the rocks like this, 194 00:09:45,200 --> 00:09:47,080 Speaker 2: how do you interpret an answer like that? 195 00:09:48,360 --> 00:09:50,240 Speaker 8: You do it the right way? And I think Christy 196 00:09:50,280 --> 00:09:52,000 Speaker 8: would do it the right way. You asked the boss, look, 197 00:09:52,200 --> 00:09:54,400 Speaker 8: you do you need me to step down? And if 198 00:09:54,400 --> 00:09:56,600 Speaker 8: he says yet, the president shouldn't ever have to fire 199 00:09:56,679 --> 00:09:57,800 Speaker 8: any member of the cabinet. 200 00:09:57,960 --> 00:09:58,280 Speaker 7: Okay. 201 00:09:58,320 --> 00:10:00,200 Speaker 8: What the president would do is, you know, make it 202 00:10:00,200 --> 00:10:01,960 Speaker 8: clear that we want you or to go, and that 203 00:10:01,960 --> 00:10:03,280 Speaker 8: you would offer you a resignation. 204 00:10:04,000 --> 00:10:05,360 Speaker 7: And I just can't see that happening. 205 00:10:05,840 --> 00:10:09,960 Speaker 8: Look, DHS has had a disastrous couple of weeks on messaging. 206 00:10:10,000 --> 00:10:12,480 Speaker 8: They just have a lot of this turmoil right now 207 00:10:12,559 --> 00:10:15,080 Speaker 8: is caused by the immediate reaction the DHS add to 208 00:10:15,160 --> 00:10:18,959 Speaker 8: both the killing over the weekend, but also today's author 209 00:10:19,080 --> 00:10:21,920 Speaker 8: Nae Good when they essentially ran to the microphones and said, oh, 210 00:10:21,960 --> 00:10:24,000 Speaker 8: these were domestic terrorists or these were assassins. 211 00:10:24,800 --> 00:10:26,719 Speaker 7: That's what's causing a lot of this. It's just that 212 00:10:26,920 --> 00:10:28,280 Speaker 7: ten eared response. 213 00:10:28,720 --> 00:10:32,080 Speaker 8: I don't know if you end up sacking your cabinet 214 00:10:32,120 --> 00:10:35,959 Speaker 8: secretaries over messaging difficulties Christy nom has done exactly what 215 00:10:36,040 --> 00:10:38,600 Speaker 8: the administration has wanted since she took over. I cannot 216 00:10:38,640 --> 00:10:41,600 Speaker 8: imagine them of firing her over this. If she offered 217 00:10:41,600 --> 00:10:43,880 Speaker 8: her resignation, the President said no, that sounds like it's 218 00:10:43,920 --> 00:10:45,439 Speaker 8: probably the appropriate way for it to go. 219 00:10:47,200 --> 00:10:51,479 Speaker 2: So two hours in the oval, Christy Nome, Corey Lewandowski. 220 00:10:51,559 --> 00:10:54,360 Speaker 2: According to The New York Times, Susie Wiles is in 221 00:10:54,480 --> 00:10:57,719 Speaker 2: their Caroline Levitt strangely, Stephen Miller is not. 222 00:10:57,920 --> 00:10:58,760 Speaker 3: Maybe not strangely. 223 00:10:58,800 --> 00:11:00,880 Speaker 2: I'm just wondering, as somebody who's been in the room 224 00:11:01,240 --> 00:11:03,360 Speaker 2: with Donald Trump when he has been angry, when he's 225 00:11:03,440 --> 00:11:05,480 Speaker 2: been happy, what was. 226 00:11:05,520 --> 00:11:07,559 Speaker 3: The fly on the wall view of a meeting like this, 227 00:11:07,760 --> 00:11:09,160 Speaker 3: knowing that Nomah asked for it? 228 00:11:10,320 --> 00:11:12,880 Speaker 8: Well, I'm sorry you did know. Sorry you might have 229 00:11:12,920 --> 00:11:14,800 Speaker 8: a piece of information I don't, because That's what I've 230 00:11:14,840 --> 00:11:15,320 Speaker 8: been asking is. 231 00:11:15,360 --> 00:11:16,120 Speaker 3: Who called for the meeting? 232 00:11:16,160 --> 00:11:16,520 Speaker 7: Do you haven't? 233 00:11:16,559 --> 00:11:16,719 Speaker 6: Do you have? 234 00:11:17,160 --> 00:11:19,600 Speaker 2: She requested the meeting? According to the New York Times, 235 00:11:19,679 --> 00:11:21,440 Speaker 2: it was her request, all right, So. 236 00:11:21,480 --> 00:11:23,320 Speaker 7: Let's assume for sake of this discussion. New York Times 237 00:11:23,440 --> 00:11:23,719 Speaker 7: is right. 238 00:11:23,760 --> 00:11:26,800 Speaker 8: I think it's fascinating to me that she asks for 239 00:11:26,840 --> 00:11:29,480 Speaker 8: the meeting, and Steven Miller is not there to have 240 00:11:29,559 --> 00:11:32,240 Speaker 8: an immigration meeting in the Oval Office without Stephen Miller 241 00:11:32,400 --> 00:11:34,320 Speaker 8: is I don't know. It's like you and me having 242 00:11:34,360 --> 00:11:36,160 Speaker 8: a market update, not talking about the Dow. 243 00:11:36,320 --> 00:11:37,679 Speaker 7: You just you just you don't do that. 244 00:11:38,480 --> 00:11:42,520 Speaker 8: So I think it'd be very interesting to to confirm 245 00:11:42,600 --> 00:11:45,160 Speaker 8: that she asked for the meeting, and then somebody must 246 00:11:45,240 --> 00:11:48,840 Speaker 8: have affirmatively excluded Steven. And there's only about two people 247 00:11:48,840 --> 00:11:50,280 Speaker 8: who I know can do that. One is the President 248 00:11:50,320 --> 00:11:52,400 Speaker 8: United States, the other is Susie Wiles, the chief of staff. 249 00:11:52,480 --> 00:11:56,360 Speaker 8: So you telling me that she asked the meeting reaffirms 250 00:11:56,440 --> 00:11:58,800 Speaker 8: my position that I don't think she's leaving any time soon. 251 00:12:00,040 --> 00:12:03,400 Speaker 2: Okay, is this a tough time to be named Corey 252 00:12:03,480 --> 00:12:05,439 Speaker 2: Lewandowski when you're not actually in the cabinet. 253 00:12:06,080 --> 00:12:08,600 Speaker 8: No, Corey's got a good relationship with the president going back, 254 00:12:08,640 --> 00:12:11,600 Speaker 8: people who underestimate Corey Luwandowski's ability to work with President 255 00:12:11,640 --> 00:12:14,400 Speaker 8: Trump do so at their own peril. I know Corey 256 00:12:14,440 --> 00:12:16,360 Speaker 8: gets a lot of wrap in the press, but he 257 00:12:16,440 --> 00:12:17,959 Speaker 8: and the President are very close, have been for a 258 00:12:18,040 --> 00:12:23,000 Speaker 8: long time. And look, is the President capable at some 259 00:12:23,080 --> 00:12:25,959 Speaker 8: point of cutting ties with Corey Lewandowski. Yes, but I 260 00:12:26,040 --> 00:12:27,559 Speaker 8: think it will be a much colder day and a 261 00:12:27,640 --> 00:12:29,680 Speaker 8: much hotter place than what you guys are experiencing an 262 00:12:29,720 --> 00:12:30,920 Speaker 8: Iowa in Minneapolis today. 263 00:12:32,080 --> 00:12:35,520 Speaker 2: I got you, Mick Maulvaney. Boy, this is fascinating to 264 00:12:35,640 --> 00:12:38,559 Speaker 2: hear your reaction to all of this. So let's fast 265 00:12:38,600 --> 00:12:41,360 Speaker 2: forward three four hours to the speech in Des Moines. 266 00:12:41,400 --> 00:12:43,199 Speaker 2: What will be the president's posture and is this is 267 00:12:43,280 --> 00:12:45,160 Speaker 2: going to be the same message that we heard in 268 00:12:45,240 --> 00:12:46,600 Speaker 2: Detroit and in Pennsylvania. 269 00:12:47,640 --> 00:12:48,000 Speaker 3: I hope it. 270 00:12:48,080 --> 00:12:50,240 Speaker 8: So if it is, it should be the same topic, 271 00:12:50,400 --> 00:12:52,960 Speaker 8: which is the economy. I hope it's a more focused 272 00:12:53,080 --> 00:12:55,079 Speaker 8: meeting than a speech than it was in Detroit. I 273 00:12:55,120 --> 00:12:56,920 Speaker 8: don't think that speech went over very well, but of 274 00:12:56,960 --> 00:12:58,360 Speaker 8: course that was a different audience. 275 00:13:01,120 --> 00:13:02,640 Speaker 7: It is completely with it. 276 00:13:03,200 --> 00:13:05,120 Speaker 8: What conversations would I have been having with the president 277 00:13:05,200 --> 00:13:08,120 Speaker 8: last twenty four hours? It's President, we're losing on immigration. 278 00:13:08,559 --> 00:13:10,360 Speaker 8: I can't believe I'm saying that because it's an eighty 279 00:13:10,440 --> 00:13:12,320 Speaker 8: five percent issue for US, but we are getting killed 280 00:13:12,320 --> 00:13:12,880 Speaker 8: on immigration. 281 00:13:13,360 --> 00:13:15,680 Speaker 7: Let's go talk about the economy. Please. 282 00:13:16,000 --> 00:13:19,600 Speaker 8: We can get people back on our side on immigration, 283 00:13:19,880 --> 00:13:22,560 Speaker 8: but let's let things calm down and go back to affordability, 284 00:13:22,920 --> 00:13:23,679 Speaker 8: back to the economy. 285 00:13:23,720 --> 00:13:25,199 Speaker 7: We've got some decent policies. 286 00:13:25,520 --> 00:13:28,320 Speaker 8: Let's go talk about them, and let's get back talking 287 00:13:28,360 --> 00:13:30,800 Speaker 8: about what the voters want us to talk about, which 288 00:13:30,840 --> 00:13:34,280 Speaker 8: is stuff that impacts them directly. So my guess is, 289 00:13:34,679 --> 00:13:37,640 Speaker 8: and it's an educated guest, you will see a focus 290 00:13:37,840 --> 00:13:40,559 Speaker 8: on the economy today, as you should, as you should 291 00:13:40,559 --> 00:13:44,160 Speaker 8: see from the president, and hopefully they'll let this, They'll 292 00:13:44,320 --> 00:13:46,640 Speaker 8: find a way to simmer things down in Minneapolis and 293 00:13:46,640 --> 00:13:49,480 Speaker 8: across the country on immigration so they can reclaim the 294 00:13:49,800 --> 00:13:52,080 Speaker 8: high ground on that at a later date before the midterms. 295 00:13:53,040 --> 00:13:55,800 Speaker 2: Really interesting, Mick, would you also counsel him on maybe 296 00:13:55,840 --> 00:13:58,120 Speaker 2: trying to avoid a government shutdown. I can't even believe 297 00:13:58,120 --> 00:13:59,920 Speaker 2: I'm asking you about this with four days to go here, 298 00:14:00,880 --> 00:14:03,400 Speaker 2: but there is a thought at least among Republicans in 299 00:14:03,440 --> 00:14:06,120 Speaker 2: the Senate that he could take some executive actions to 300 00:14:06,240 --> 00:14:08,520 Speaker 2: try to sort of rain in the activities of ice 301 00:14:08,960 --> 00:14:12,319 Speaker 2: that might dislodge enough Democrats to pass the DHS funding bill. 302 00:14:12,400 --> 00:14:14,800 Speaker 2: Or is this this is crazy talk, We're shutting down 303 00:14:14,840 --> 00:14:15,440 Speaker 2: on Friday night? 304 00:14:15,720 --> 00:14:18,000 Speaker 7: Yeah, this is this is tough. This is really really tough. 305 00:14:18,040 --> 00:14:20,040 Speaker 8: Because I put myself in the in the in the 306 00:14:20,160 --> 00:14:22,760 Speaker 8: in the in the seats of the of the Democrats senators. 307 00:14:23,640 --> 00:14:25,040 Speaker 8: Not that I'm either of those things. I'm not a 308 00:14:25,080 --> 00:14:26,920 Speaker 8: Democrat nor a senator, but I've been around the town 309 00:14:26,920 --> 00:14:29,600 Speaker 8: a little bit. I don't know how they don't take 310 00:14:29,640 --> 00:14:34,080 Speaker 8: a hard line. It's almost like they were going to 311 00:14:34,120 --> 00:14:37,120 Speaker 8: sleepwalk into a shutdown because the Democrats don't have a 312 00:14:37,200 --> 00:14:39,200 Speaker 8: way out. I don't know how they go to their 313 00:14:39,240 --> 00:14:42,440 Speaker 8: constituents and say Donald Trump gave us his word that 314 00:14:42,560 --> 00:14:44,960 Speaker 8: he would make executive changes, so we went ahead and 315 00:14:45,080 --> 00:14:46,360 Speaker 8: voted for DHS funding. 316 00:14:46,720 --> 00:14:49,000 Speaker 7: I just don't know if that sells they want to 317 00:14:49,080 --> 00:14:49,320 Speaker 7: sell it. 318 00:14:49,400 --> 00:14:50,960 Speaker 8: I don't think they want to shut down anymore than 319 00:14:50,960 --> 00:14:53,440 Speaker 8: anybody else, because they know that if they once they 320 00:14:53,480 --> 00:14:55,920 Speaker 8: get into a shutdown, getting out is really hard. And 321 00:14:56,000 --> 00:15:00,000 Speaker 8: who always loses a shutdown the side that shuts down 322 00:15:00,240 --> 00:15:02,840 Speaker 8: to try and get something else, which is what they 323 00:15:02,880 --> 00:15:06,680 Speaker 8: would be doing here. But honestly, Joe, I don't know 324 00:15:06,760 --> 00:15:08,440 Speaker 8: how you don't go with a shutdown because I just 325 00:15:08,440 --> 00:15:11,920 Speaker 8: don't think the trust levels are there if there's any. Plus, 326 00:15:12,000 --> 00:15:13,720 Speaker 8: you've got a situation we haven't talked about yet, which 327 00:15:13,760 --> 00:15:16,320 Speaker 8: I'm not sure that if they change anything in the 328 00:15:16,400 --> 00:15:18,800 Speaker 8: Senate bills, if the House can pass that when they 329 00:15:18,880 --> 00:15:20,640 Speaker 8: come back. Plus, I don't think the House is going 330 00:15:20,720 --> 00:15:23,120 Speaker 8: to be there in full force until after Friday anyway. 331 00:15:23,280 --> 00:15:26,600 Speaker 8: So you put all that together, put all that math together, 332 00:15:26,680 --> 00:15:28,600 Speaker 8: and you know I'm at about eighty five percent or 333 00:15:28,600 --> 00:15:30,400 Speaker 8: at least a short term shutdown over the weekend. 334 00:15:31,520 --> 00:15:34,040 Speaker 2: Well, that's the conventional wisdom here, Mick. I can't believe 335 00:15:34,040 --> 00:15:36,600 Speaker 2: everything I'm hearing from you. You're confirming a lot of 336 00:15:36,640 --> 00:15:39,280 Speaker 2: tough news. Did you hear eighty five seconds to midnight 337 00:15:39,360 --> 00:15:41,000 Speaker 2: they reset the doomsday clock? 338 00:15:41,320 --> 00:15:43,360 Speaker 3: Seems like an appropriate day for it, Mick. 339 00:15:43,480 --> 00:15:46,280 Speaker 8: Right, there's nothing like a good affirmation in the afternoon. Right, 340 00:15:46,400 --> 00:15:47,880 Speaker 8: that's always everybody needs that every now. 341 00:15:47,880 --> 00:15:51,360 Speaker 2: And those weren't the words to the song, Mick. It's 342 00:15:51,400 --> 00:15:53,320 Speaker 2: great to have you back, Mick mulvaney with us live 343 00:15:53,920 --> 00:15:56,200 Speaker 2: on Bloomberg TV and Radio. I can't wait to hear 344 00:15:56,280 --> 00:15:58,040 Speaker 2: what the panel thinks about this, and I'm glad to 345 00:15:58,080 --> 00:16:00,760 Speaker 2: say that Rick Davis and Genie Shanzi or with us 346 00:16:01,040 --> 00:16:02,800 Speaker 2: fascinating read on Mick Mulvaney. 347 00:16:02,880 --> 00:16:04,080 Speaker 3: We'll have to get that online. 348 00:16:04,160 --> 00:16:07,160 Speaker 2: Indeed, by the way, citing a worldwide failure of leadership, 349 00:16:07,560 --> 00:16:11,360 Speaker 2: the doomsday clock set to eighty five seconds to midnight. 350 00:16:11,440 --> 00:16:14,440 Speaker 2: That happened this morning. The closest it has ever been 351 00:16:15,040 --> 00:16:18,160 Speaker 2: to catastrophe. Stay with us on Balance of Power. We'll 352 00:16:18,160 --> 00:16:19,640 Speaker 2: have much more coming up after this. 353 00:16:24,040 --> 00:16:27,520 Speaker 1: You're listening to the Bloomberg Balance of Power podcast. Catch 354 00:16:27,600 --> 00:16:30,640 Speaker 1: us live weekdays at noon and five pm Eastern on 355 00:16:30,760 --> 00:16:33,960 Speaker 1: Apple Cocklay and Android Auto with the Bloomberg Business App. 356 00:16:34,040 --> 00:16:37,040 Speaker 1: You can also listen live on Amazon Alexa from our 357 00:16:37,120 --> 00:16:41,600 Speaker 1: flagship New York station, Just say Alexa Play Bloomberg eleven thirty. 358 00:16:43,040 --> 00:16:45,360 Speaker 2: David Kashuld is spending time with us right now as 359 00:16:45,400 --> 00:16:47,520 Speaker 2: we look ahead to the president's arrival in Iowa. That's 360 00:16:47,520 --> 00:16:50,040 Speaker 2: where he's going, of course later on. In fact, he'll 361 00:16:50,080 --> 00:16:53,080 Speaker 2: be speaking likely during the late edition of Balance of Power. 362 00:16:53,080 --> 00:16:54,480 Speaker 2: It's going to turn out to be around four or 363 00:16:54,480 --> 00:16:57,960 Speaker 2: five o'clock Eastern time, according to the schedule. As we 364 00:16:58,080 --> 00:17:02,080 Speaker 2: consider the message here, David, the President has been spending 365 00:17:02,120 --> 00:17:04,840 Speaker 2: a lot of time talking about geopolitics. Your first answer 366 00:17:04,960 --> 00:17:09,000 Speaker 2: pointed us to, well, if he's on message, it will 367 00:17:09,040 --> 00:17:12,360 Speaker 2: resonate with the crowd there. That's been a wild card 368 00:17:12,440 --> 00:17:14,560 Speaker 2: depending on the speech that you look at, how is it, 369 00:17:14,640 --> 00:17:16,639 Speaker 2: how important is it for him? To physically be in 370 00:17:16,720 --> 00:17:18,680 Speaker 2: the state, to actually leave the bubble here and show 371 00:17:18,760 --> 00:17:22,040 Speaker 2: up in person in states that favorite Donald Trump. 372 00:17:22,840 --> 00:17:23,040 Speaker 5: Yeah. 373 00:17:23,080 --> 00:17:26,399 Speaker 9: Well, Susie Wiles telegraphed this some months back, saying, you know, 374 00:17:26,640 --> 00:17:28,480 Speaker 9: he's going to get out around the country. Iowa was 375 00:17:28,480 --> 00:17:31,280 Speaker 9: a place where he's been many, many, many times. He's 376 00:17:31,280 --> 00:17:34,679 Speaker 9: been on the ballot there five times. He's won four times, 377 00:17:35,280 --> 00:17:37,800 Speaker 9: all three general elections in the twenty twenty four coxes 378 00:17:37,960 --> 00:17:40,560 Speaker 9: he's comfortable in Iowa, and I think he thinks of 379 00:17:40,640 --> 00:17:43,800 Speaker 9: Islands as his people. You know, we voted for him 380 00:17:44,000 --> 00:17:47,680 Speaker 9: by almost double digits the first time around, and I 381 00:17:47,720 --> 00:17:52,520 Speaker 9: think what thirteen last time, So you know, he's comfortable there. 382 00:17:52,560 --> 00:17:54,760 Speaker 9: It's a good place to send him. And of course 383 00:17:54,800 --> 00:17:56,800 Speaker 9: it's Trump, so who knows if he's going to be 384 00:17:57,160 --> 00:17:58,119 Speaker 9: completely on message. 385 00:17:58,160 --> 00:17:59,120 Speaker 3: He likes to do the weave. 386 00:17:59,440 --> 00:18:02,280 Speaker 9: Sometimes his fans encourage that, and they want to hear 387 00:18:02,359 --> 00:18:04,600 Speaker 9: the hits. He's going to play some of the hits, 388 00:18:04,600 --> 00:18:06,680 Speaker 9: I'm sure, but he does have a lot of things 389 00:18:06,720 --> 00:18:08,359 Speaker 9: that I think need to be said that he can 390 00:18:08,400 --> 00:18:12,800 Speaker 9: say that. I think we'll land well with Islands, energy affordability, 391 00:18:13,680 --> 00:18:15,879 Speaker 9: forward looking on the economy, and help us on the 392 00:18:15,920 --> 00:18:17,840 Speaker 9: way for the farmers, and you know he gets that 393 00:18:17,960 --> 00:18:21,200 Speaker 9: in his bones. He definitely internalized those messages when he 394 00:18:21,320 --> 00:18:23,760 Speaker 9: came to Iowan and spent so much time there throughout 395 00:18:23,800 --> 00:18:26,399 Speaker 9: the caucus process. So he knows exactly what to do. 396 00:18:27,200 --> 00:18:28,920 Speaker 9: You know, it's the role of the dice to see 397 00:18:28,920 --> 00:18:31,439 Speaker 9: whether or not he'll do it. I think he probably 398 00:18:31,520 --> 00:18:34,760 Speaker 9: will because I do think particularly over the last weekend 399 00:18:34,840 --> 00:18:37,320 Speaker 9: and for some time now you mentioned the December polls, 400 00:18:37,640 --> 00:18:40,160 Speaker 9: I think this administration knows that they need to turn 401 00:18:40,240 --> 00:18:42,840 Speaker 9: a few things around, and i was the kind of 402 00:18:42,880 --> 00:18:45,280 Speaker 9: place where they can get some of that started. And 403 00:18:45,320 --> 00:18:46,959 Speaker 9: if he can stay on message, I think he can 404 00:18:47,040 --> 00:18:49,359 Speaker 9: have a successful visit. By the way, I also mentioned 405 00:18:49,680 --> 00:18:54,159 Speaker 9: i was a really critical swing state in this upcoming cycle. 406 00:18:54,440 --> 00:18:57,720 Speaker 9: We have four Republican members of Congress, two Republican Senators. 407 00:18:58,000 --> 00:19:00,719 Speaker 9: We've got a retiring Joni ern so we've got an 408 00:19:00,720 --> 00:19:03,520 Speaker 9: open Senate seat with Ashley Hinson leading the charge for 409 00:19:03,640 --> 00:19:06,920 Speaker 9: the Republicans. We've got you know, three of those four 410 00:19:07,000 --> 00:19:10,800 Speaker 9: congressional districts are very competitive and have been competitive within 411 00:19:10,840 --> 00:19:13,399 Speaker 9: a point or two even in the last couple of cycles. 412 00:19:13,480 --> 00:19:16,960 Speaker 9: So Iowa is really ground zero for control of Congress, 413 00:19:17,240 --> 00:19:20,920 Speaker 9: particularly the House, but also in the Senate. So it's 414 00:19:21,000 --> 00:19:24,119 Speaker 9: meaningful that he's there because Republicans need to kind of 415 00:19:24,160 --> 00:19:25,720 Speaker 9: get their mojo back, and and. 416 00:19:25,840 --> 00:19:26,800 Speaker 3: He's pretty good. 417 00:19:26,960 --> 00:19:29,399 Speaker 9: One thing he can do is he can he can 418 00:19:29,480 --> 00:19:32,080 Speaker 9: bring enthusiasm to his base and a lot of people 419 00:19:32,119 --> 00:19:34,879 Speaker 9: will come out for him when they won't necessarily come 420 00:19:34,920 --> 00:19:37,720 Speaker 9: out for every other Republican. So having him there, I think, 421 00:19:38,440 --> 00:19:40,920 Speaker 9: I think the party thinks that this is going to 422 00:19:40,960 --> 00:19:43,520 Speaker 9: be a net plus and I'm hopeful for the for 423 00:19:43,600 --> 00:19:46,520 Speaker 9: the Republican candidates that I that I know and appreciate 424 00:19:47,119 --> 00:19:48,920 Speaker 9: that this will be a net benefit for them. 425 00:19:49,960 --> 00:19:52,159 Speaker 2: Well, Dave, I'm glad you mentioned that. Is there a 426 00:19:52,280 --> 00:19:55,720 Speaker 2: chance we get endorsements this evening? Are you hoping that 427 00:19:55,800 --> 00:19:56,520 Speaker 2: we do from Trump? 428 00:19:58,040 --> 00:20:02,359 Speaker 9: Could be he's already endore Ashley Hanson for Senate. I 429 00:20:02,520 --> 00:20:06,560 Speaker 9: believe he's in Miller Meeks. He has not endorsed in 430 00:20:06,600 --> 00:20:10,240 Speaker 9: the governor's race. That's something definitely to watch for this evening. 431 00:20:11,000 --> 00:20:13,920 Speaker 9: Randy Feinstra is the leading candidate. He's definitely got the 432 00:20:14,000 --> 00:20:16,800 Speaker 9: most kind of the broadest base of support right now. 433 00:20:17,600 --> 00:20:20,399 Speaker 9: He certainly has a financial advantage on his opponents, but 434 00:20:21,240 --> 00:20:23,960 Speaker 9: you know, we'll see what President Trump does. He you know, 435 00:20:25,080 --> 00:20:27,480 Speaker 9: Randy's got a very good base coming out of northwest Iowa, 436 00:20:27,480 --> 00:20:31,199 Speaker 9: where you know a lot of Republicans live, So we'll 437 00:20:31,200 --> 00:20:33,680 Speaker 9: see what he does. I don't have any inside information 438 00:20:33,800 --> 00:20:36,080 Speaker 9: on that, but I can tell you that's one of 439 00:20:36,119 --> 00:20:37,960 Speaker 9: the things that we should be watching because that will 440 00:20:38,240 --> 00:20:40,440 Speaker 9: that will certainly make a statement in that race. 441 00:20:41,640 --> 00:20:43,240 Speaker 3: Yeah, really really fascinating. 442 00:20:43,280 --> 00:20:45,840 Speaker 2: I want you to point us toward Minneapolis by way 443 00:20:46,760 --> 00:20:50,200 Speaker 2: of Iowa, if you would. These ice raids and the 444 00:20:50,240 --> 00:20:52,680 Speaker 2: controversy that we've been seeing, and you're hearing us talk 445 00:20:52,680 --> 00:20:54,680 Speaker 2: about this. You heard the President was just asked about it. 446 00:20:55,280 --> 00:20:55,600 Speaker 3: Just now. 447 00:20:55,680 --> 00:20:57,960 Speaker 2: We know that there's a labor shortage in Iowa the 448 00:20:58,040 --> 00:21:01,720 Speaker 2: many farms are dealing with because of the crackdown on immigration. 449 00:21:01,880 --> 00:21:06,480 Speaker 3: Does that a fact or color the way Iowa voters. 450 00:21:06,400 --> 00:21:09,359 Speaker 9: Look at this issue a little bit? You know, this 451 00:21:09,520 --> 00:21:13,399 Speaker 9: is a really mixed bag. Obviously, a vast majority of 452 00:21:13,520 --> 00:21:16,840 Speaker 9: Iowans support what he's done on the border to shut 453 00:21:16,920 --> 00:21:20,160 Speaker 9: down illegal immigration. There's no longer people flooding across the border. 454 00:21:20,320 --> 00:21:25,000 Speaker 9: That has immense support and it's meaningful, uh to our 455 00:21:25,359 --> 00:21:28,879 Speaker 9: people in Iowa. But yeah, there are concerns about workforce. 456 00:21:29,480 --> 00:21:33,840 Speaker 9: I think that's probably also true in Minnesota, and Midwesterners 457 00:21:33,880 --> 00:21:35,840 Speaker 9: by nature are pretty understated. 458 00:21:36,359 --> 00:21:36,479 Speaker 8: Uh. 459 00:21:36,880 --> 00:21:39,960 Speaker 9: They don't like the theatrics. They don't like the masks 460 00:21:40,119 --> 00:21:44,280 Speaker 9: and the you know and the you know, automatic weapons 461 00:21:44,440 --> 00:21:46,840 Speaker 9: and the long coats and all that. And I think 462 00:21:46,920 --> 00:21:50,520 Speaker 9: there's a there's a an element of chaos in some 463 00:21:50,720 --> 00:21:56,680 Speaker 9: of these internal enforcement practices that that that even Republicans 464 00:21:56,720 --> 00:21:59,720 Speaker 9: are uncomfortable with. And obviously the shooting over the weekend 465 00:21:59,840 --> 00:22:02,639 Speaker 9: is a tragedy. I'm glad that he appears to be 466 00:22:03,400 --> 00:22:07,680 Speaker 9: looking to turn down the temperature because the initial message 467 00:22:07,720 --> 00:22:12,600 Speaker 9: out of Secretary Know Him and Greg Bovino were really 468 00:22:12,720 --> 00:22:16,600 Speaker 9: not helpful, and I think, you know, he's going to 469 00:22:16,640 --> 00:22:19,320 Speaker 9: do what he can, I hope in this visit to 470 00:22:19,440 --> 00:22:22,640 Speaker 9: help turn down the temperature, because it certainly is it's 471 00:22:22,640 --> 00:22:25,680 Speaker 9: a powder keg up there. And you know, Island's and 472 00:22:25,760 --> 00:22:30,359 Speaker 9: Minnesota's were famously nice people. But I do think some 473 00:22:30,480 --> 00:22:34,800 Speaker 9: of these folks, particularly these Lutheran progressives in Minnesota, are 474 00:22:34,880 --> 00:22:36,600 Speaker 9: being pushed a little bit to the brink. And it's 475 00:22:37,359 --> 00:22:39,760 Speaker 9: it's it's been sad to watch through the weekend. 476 00:22:41,400 --> 00:22:43,840 Speaker 2: It's really interesting to hear you talk about this, Dave. 477 00:22:44,480 --> 00:22:46,679 Speaker 2: We just saw a headline as you were speaking from 478 00:22:46,720 --> 00:22:49,800 Speaker 2: the Minnesota Star At Tribune. Governor Walls has met with 479 00:22:50,720 --> 00:22:54,119 Speaker 2: Tom Homan. So you think this change in rhetoric in 480 00:22:54,160 --> 00:22:55,480 Speaker 2: this turn by the president. 481 00:22:55,240 --> 00:22:55,879 Speaker 3: Is well timed. 482 00:22:56,960 --> 00:22:59,120 Speaker 9: I think it's well timed, and I think it's overdue. Look, 483 00:22:59,119 --> 00:23:01,680 Speaker 9: I don't think we should have been in this situation 484 00:23:01,800 --> 00:23:05,199 Speaker 9: in the first place. Obviously, border patrol doesn't have as 485 00:23:05,280 --> 00:23:08,639 Speaker 9: much to do, so they're dispatching them to Minnesota. And 486 00:23:08,840 --> 00:23:10,320 Speaker 9: if you think about it just in terms of the 487 00:23:10,440 --> 00:23:15,159 Speaker 9: raw politics, which is my business, you know, Minnesota Democrats 488 00:23:15,200 --> 00:23:18,520 Speaker 9: were on their back heels. They're you know, they're embroiled 489 00:23:18,600 --> 00:23:22,960 Speaker 9: in in a fraud scandal reaching into the billions. It's 490 00:23:23,040 --> 00:23:26,680 Speaker 9: not just a Somali immigrant problem, but but that's a 491 00:23:26,760 --> 00:23:30,080 Speaker 9: big part of it. They were on the defensive. And 492 00:23:30,200 --> 00:23:32,639 Speaker 9: then you send in, you know, a force of two 493 00:23:32,760 --> 00:23:38,320 Speaker 9: or three thousand ICE members and border patrol and create 494 00:23:38,400 --> 00:23:40,800 Speaker 9: this chaos. It distracts from a message that was actually 495 00:23:40,840 --> 00:23:44,200 Speaker 9: pretty good for Republicans. So I think, you know, I 496 00:23:44,320 --> 00:23:46,320 Speaker 9: think you need to turn down the temperature. I think 497 00:23:47,080 --> 00:23:49,560 Speaker 9: President Trump knows it. I think that's part of why 498 00:23:49,640 --> 00:23:52,159 Speaker 9: he's there or he's coming to Iowa. It's part of 499 00:23:52,200 --> 00:23:54,960 Speaker 9: what his message will be today, at least I hope, 500 00:23:55,000 --> 00:23:57,480 Speaker 9: because if we can get the issues back to what's 501 00:23:57,600 --> 00:24:01,720 Speaker 9: really more meaningful for people, which is their pocketbooks, that's 502 00:24:01,760 --> 00:24:02,960 Speaker 9: where Republicans do better. 503 00:24:04,040 --> 00:24:05,080 Speaker 3: Well, he's on his way, Dave. 504 00:24:05,119 --> 00:24:07,240 Speaker 2: Air Force one his wheels up on its way to 505 00:24:07,520 --> 00:24:09,480 Speaker 2: Des Moines, and we'll be tracking the president of course 506 00:24:09,520 --> 00:24:12,000 Speaker 2: and bringing you his remarks later on. He's set to 507 00:24:12,040 --> 00:24:15,080 Speaker 2: speak about four hours from now. If things stay relatively 508 00:24:15,240 --> 00:24:18,080 Speaker 2: on time. He helps you greatly enrich our coverage of 509 00:24:18,080 --> 00:24:20,760 Speaker 2: the Iowa caucuses. David Kotchel, Great to have you back. 510 00:24:21,400 --> 00:24:21,640 Speaker 3: David. 511 00:24:21,640 --> 00:24:23,679 Speaker 2: It's good to see you, and we appreciate the insights here. 512 00:24:23,760 --> 00:24:26,640 Speaker 2: Owner of red Wave Communications, with us live on Bloomberg. 513 00:24:26,760 --> 00:24:28,920 Speaker 2: Stay with us on Balance of Power. We'll have much 514 00:24:28,960 --> 00:24:30,040 Speaker 2: more coming up after this. 515 00:24:35,520 --> 00:24:39,000 Speaker 1: You're listening to the Bloomberg Balance of Power podcast. Catch 516 00:24:39,080 --> 00:24:42,480 Speaker 1: us live weekdays at noon and five pm Eastern on Apple, 517 00:24:42,560 --> 00:24:45,880 Speaker 1: Cockley and Android Auto with the Bloomberg Business App. Listen 518 00:24:46,000 --> 00:24:49,040 Speaker 1: on demand wherever you get your podcasts, or watch us 519 00:24:49,160 --> 00:24:50,120 Speaker 1: live on YouTube. 520 00:24:51,520 --> 00:24:54,200 Speaker 2: The President speaking today, by the way, on his way 521 00:24:54,240 --> 00:24:56,480 Speaker 2: out of town. I think we've established this hour. He's 522 00:24:56,480 --> 00:24:58,080 Speaker 2: going to be in des Moin later to deliver a 523 00:24:58,119 --> 00:25:00,719 Speaker 2: speech on affordability. He was asked in the driveway as 524 00:25:00,760 --> 00:25:03,240 Speaker 2: he made his way to Marine one about what's happening 525 00:25:03,359 --> 00:25:07,920 Speaker 2: in Minneapolis doing a big investigation. Is the headline on 526 00:25:08,000 --> 00:25:12,000 Speaker 2: the terminal. I will watch over it, knowing that he 527 00:25:12,040 --> 00:25:14,600 Speaker 2: posted on truth Social yesterday that he was dispatching Tom 528 00:25:14,680 --> 00:25:16,920 Speaker 2: Holman to Des Moines. And remember what he said, he 529 00:25:16,960 --> 00:25:19,960 Speaker 2: will report directly to me. That means not Christy nom. 530 00:25:21,720 --> 00:25:21,840 Speaker 5: Now. 531 00:25:21,920 --> 00:25:24,360 Speaker 2: Homan has already met with the governor, he sat down 532 00:25:24,400 --> 00:25:26,480 Speaker 2: with Tim Watson. He's going to be meeting with Jacob Fry, 533 00:25:26,640 --> 00:25:30,080 Speaker 2: the mayor of Minneapolis, on his first visit there today. 534 00:25:30,160 --> 00:25:31,960 Speaker 2: Something tells me he's going to be there for a minute. 535 00:25:32,000 --> 00:25:34,040 Speaker 2: You know who else is speaking is the mayor of 536 00:25:34,119 --> 00:25:34,680 Speaker 2: Saint Paul. 537 00:25:34,840 --> 00:25:35,000 Speaker 3: Yeah. 538 00:25:35,119 --> 00:25:39,800 Speaker 2: Remember the Twin Cities all part of these same targeted 539 00:25:39,920 --> 00:25:43,560 Speaker 2: actions as ICE has been calling them. And we spent 540 00:25:43,680 --> 00:25:47,280 Speaker 2: some time last evening on the late edition of Balance 541 00:25:47,320 --> 00:25:50,600 Speaker 2: of Power with Collie Herr. This is the mayor of 542 00:25:50,640 --> 00:25:53,679 Speaker 2: Saint Paul, who has been on the job for three weeks. 543 00:25:53,760 --> 00:25:57,679 Speaker 2: Can you imagine this is her only reality that has 544 00:25:57,760 --> 00:26:01,080 Speaker 2: come in the throes of this controversy. Here's what she 545 00:26:01,200 --> 00:26:03,960 Speaker 2: said about the shooting and killing last weekend. 546 00:26:04,760 --> 00:26:06,640 Speaker 7: Adlex was not at a protest. 547 00:26:06,920 --> 00:26:09,200 Speaker 10: It was a mourning in which he just happened to 548 00:26:09,240 --> 00:26:11,440 Speaker 10: be in a space in which he saw activity and 549 00:26:11,560 --> 00:26:13,840 Speaker 10: he wanted to go and document. I think that it 550 00:26:13,960 --> 00:26:16,320 Speaker 10: is dangerous when we say that just because people are 551 00:26:16,440 --> 00:26:19,000 Speaker 10: gathering or they exist, is that they are protesting. 552 00:26:19,119 --> 00:26:19,480 Speaker 8: They are not. 553 00:26:20,040 --> 00:26:22,440 Speaker 10: They know that their neighbors have been taken off the streets, 554 00:26:22,480 --> 00:26:25,720 Speaker 10: that people are being ripped out of their homes forcibly, 555 00:26:25,840 --> 00:26:29,159 Speaker 10: that people are having children and families ripped apart. And 556 00:26:29,320 --> 00:26:32,160 Speaker 10: so when our neighbors see each other hurting and impacted, 557 00:26:32,280 --> 00:26:32,840 Speaker 10: we show up. 558 00:26:34,680 --> 00:26:36,879 Speaker 2: Let's assemble our political panel for their take on everything 559 00:26:36,920 --> 00:26:39,359 Speaker 2: that's happened in the past twenty four hours, even the 560 00:26:39,359 --> 00:26:42,639 Speaker 2: past twelve hours. Bloomberg Politics contributors Rick Davis and Jeanie 561 00:26:42,640 --> 00:26:45,800 Speaker 2: Shanzano are with us. Rick is our Republican strategists and 562 00:26:45,880 --> 00:26:48,639 Speaker 2: partner at Stone Court Capital. Genie our democratic analyst and 563 00:26:48,680 --> 00:26:53,040 Speaker 2: democracy visiting fellow at Harvard Kennedy School's Ash Center. Genie, 564 00:26:53,080 --> 00:26:55,159 Speaker 2: what do we think of this two hour meeting in 565 00:26:55,240 --> 00:26:57,560 Speaker 2: the Oval office the new York Times has the story. 566 00:26:57,600 --> 00:27:01,960 Speaker 2: Of course, this is Christinoman Corey Lewindowsk at her request. 567 00:27:02,760 --> 00:27:06,200 Speaker 2: I will note interesting who was not in the room 568 00:27:06,280 --> 00:27:08,600 Speaker 2: in Steven Miller, But of course many were in the 569 00:27:08,680 --> 00:27:12,280 Speaker 2: room for this conversation, including Chief of Staff Susie Wiles, 570 00:27:12,640 --> 00:27:16,800 Speaker 2: Press Secretary Caroline Levitt, and others. She is not being 571 00:27:16,880 --> 00:27:21,080 Speaker 2: dispatched to Minneapolis today. What's happening inside the White House? 572 00:27:22,680 --> 00:27:26,040 Speaker 11: Yeah, just a fascinating reports coming out of that meeting. 573 00:27:26,440 --> 00:27:30,200 Speaker 11: As you mentioned, Stephen Miller absent, even though he probably 574 00:27:30,400 --> 00:27:35,240 Speaker 11: has the hardest line on immigration, smart that he's trying 575 00:27:35,280 --> 00:27:37,320 Speaker 11: to stay below the fray at this point, which is 576 00:27:37,400 --> 00:27:38,679 Speaker 11: not Stephen Miller's style. 577 00:27:39,200 --> 00:27:41,240 Speaker 3: But I think it speaks to the fact that. 578 00:27:41,359 --> 00:27:46,760 Speaker 11: Lewandowski and Christine nom understand what a debacle this has been, 579 00:27:47,280 --> 00:27:52,359 Speaker 11: both strategically politically from a policy perspective. You know, last 580 00:27:52,520 --> 00:27:56,440 Speaker 11: year there was some talk that Christine Nome may be 581 00:27:56,680 --> 00:28:00,280 Speaker 11: moved out of DHS to an ambassadorship. And one of 582 00:28:00,320 --> 00:28:03,000 Speaker 11: the big values that Donald Trump said she brought to 583 00:28:03,119 --> 00:28:05,560 Speaker 11: the team, if you will, was the fact that she 584 00:28:05,800 --> 00:28:08,760 Speaker 11: was really good at communicating and really good on television, 585 00:28:09,080 --> 00:28:11,040 Speaker 11: and that's what she was known for going down to 586 00:28:11,160 --> 00:28:15,080 Speaker 11: Seacott parading around with cameras. And yet this weekend, as 587 00:28:15,160 --> 00:28:18,800 Speaker 11: Susie Wiles vetted those calls coming in, frantic calls about 588 00:28:18,840 --> 00:28:22,760 Speaker 11: how bad this was, Christine Homes suddenly lost that edge, 589 00:28:22,920 --> 00:28:25,920 Speaker 11: and so she's got to be wondering, rightly, So what 590 00:28:26,119 --> 00:28:28,040 Speaker 11: does she bring to the table. I think at this 591 00:28:28,160 --> 00:28:32,160 Speaker 11: point she's hanging on because Wiles and Trump don't want 592 00:28:32,200 --> 00:28:34,240 Speaker 11: to see a lot of turnover. But I wouldn't be 593 00:28:34,359 --> 00:28:38,640 Speaker 11: surprised if she is moved somewhere else in the short term. 594 00:28:39,000 --> 00:28:41,080 Speaker 11: And I think we're going to see a lot of 595 00:28:41,720 --> 00:28:44,880 Speaker 11: leaks out of DHSS. People very upset with the way 596 00:28:44,960 --> 00:28:47,560 Speaker 11: she has managed this from top to bottom. That's going 597 00:28:47,640 --> 00:28:49,560 Speaker 11: to make her situation a lot worse. 598 00:28:50,720 --> 00:28:53,440 Speaker 2: What's your read on this moment in time here? Rick, 599 00:28:53,520 --> 00:28:55,680 Speaker 2: It does feel like pieces are moving. And when the 600 00:28:55,760 --> 00:28:59,080 Speaker 2: President says Tom Holman reports directly to me, what's at 601 00:28:59,080 --> 00:29:00,640 Speaker 2: the Homeland Security Secretary? 602 00:29:00,720 --> 00:29:05,080 Speaker 12: Think, Well, Holman is a White House staffer, so that's 603 00:29:05,280 --> 00:29:10,080 Speaker 12: actually not news. He does report directly the president. He's 604 00:29:10,160 --> 00:29:13,360 Speaker 12: not a part of the department, he's the cizar, And 605 00:29:13,800 --> 00:29:17,200 Speaker 12: so I wouldn't read a whole lot into that. The 606 00:29:17,320 --> 00:29:21,520 Speaker 12: reality is that Gnome is in the doghouse. She's put 607 00:29:21,560 --> 00:29:26,560 Speaker 12: herself there, and not just because of her response to 608 00:29:27,360 --> 00:29:32,480 Speaker 12: you know, Alex pet Preddy's killing, but for doing this 609 00:29:32,920 --> 00:29:37,320 Speaker 12: repeatedly over a long period of time. Since July, Homeland 610 00:29:37,320 --> 00:29:41,560 Speaker 12: Security has shot sixteen individuals, hasn't killed them all, but 611 00:29:41,640 --> 00:29:45,480 Speaker 12: they've shot him, and in every single instance, the department 612 00:29:45,640 --> 00:29:50,240 Speaker 12: walks out and immediately claims innocence on the part of 613 00:29:50,320 --> 00:29:53,720 Speaker 12: the shooter without any investigation. And I do think this 614 00:29:53,880 --> 00:29:55,800 Speaker 12: is one of the reasons why Donald Trump went out 615 00:29:55,840 --> 00:30:01,280 Speaker 12: of his way today while boarding Marine One to say 616 00:30:01,600 --> 00:30:05,400 Speaker 12: there will be a thorough investigation, something we haven't heard 617 00:30:05,840 --> 00:30:08,480 Speaker 12: from his Department of Justice or from the Department of 618 00:30:08,640 --> 00:30:12,360 Speaker 12: Homeland Security in any of these kinds of conversations. So 619 00:30:12,840 --> 00:30:16,840 Speaker 12: now we're going to see how the FEDS can work 620 00:30:16,920 --> 00:30:19,880 Speaker 12: with the state in this investigation, because now, if the 621 00:30:20,000 --> 00:30:23,760 Speaker 12: investigation is undermined in any way, it's going to taint 622 00:30:23,800 --> 00:30:25,560 Speaker 12: the entire administration storyline. 623 00:30:25,640 --> 00:30:27,960 Speaker 7: So I think we've got a lot going on here. 624 00:30:28,120 --> 00:30:30,640 Speaker 12: I mean, you know, Christy Nomes have not made any 625 00:30:30,720 --> 00:30:33,960 Speaker 12: friends on Capitol Hill, and with an upcoming hearing in March, 626 00:30:34,280 --> 00:30:38,520 Speaker 12: the question now is will she still be secretary by then, Well. 627 00:30:38,560 --> 00:30:39,640 Speaker 3: Well that is a question. 628 00:30:40,040 --> 00:30:43,680 Speaker 2: How about Boveno, Rick, You've got a line. When somebody's 629 00:30:43,720 --> 00:30:46,680 Speaker 2: in trouble, they're in the barrel. I'm guessing you described 630 00:30:46,720 --> 00:30:49,640 Speaker 2: this moment as Bovino in the barrel. What happens to 631 00:30:49,760 --> 00:30:51,440 Speaker 2: him now that he goes back to California? 632 00:30:52,400 --> 00:30:56,280 Speaker 12: Great alliteration, that way to go. Joe couldn't have said 633 00:30:56,320 --> 00:31:00,479 Speaker 12: it better myself. Look, i mean, his tactics are well own, right. 634 00:31:00,600 --> 00:31:03,440 Speaker 12: He is the tip of the spear when he's gone 635 00:31:03,440 --> 00:31:07,600 Speaker 12: into these cities California, you know, Minneapolis, places like that. 636 00:31:08,120 --> 00:31:11,760 Speaker 12: His job is to disrupt. He's not there to do 637 00:31:11,960 --> 00:31:15,600 Speaker 12: normal policing or gather up people. He's there to disrupt 638 00:31:15,680 --> 00:31:19,120 Speaker 12: the community, to make people forced to have to take 639 00:31:19,360 --> 00:31:22,920 Speaker 12: sides on this issue. And and and he was withdrawn 640 00:31:23,040 --> 00:31:26,120 Speaker 12: from Minneapolis, but also his team, I mean, these are 641 00:31:26,560 --> 00:31:29,960 Speaker 12: these are basically the equivalent stormtroopers in the United States government. 642 00:31:30,160 --> 00:31:33,800 Speaker 12: And and and I'm sure that there are people within 643 00:31:33,920 --> 00:31:38,000 Speaker 12: the White House, Stephen Miller, who believe that his tactics 644 00:31:38,040 --> 00:31:41,840 Speaker 12: are justified somehow. But he's going to become a crudgel 645 00:31:41,920 --> 00:31:46,040 Speaker 12: for this administration if he isn't already. And It's not 646 00:31:46,160 --> 00:31:48,640 Speaker 12: surprising to me that he's been sent out of the 647 00:31:48,720 --> 00:31:53,080 Speaker 12: state because the disruption that he has caused is actually 648 00:31:53,240 --> 00:31:57,280 Speaker 12: hurting the administration and its political prospects in that state 649 00:31:57,320 --> 00:31:57,880 Speaker 12: in the future. 650 00:31:59,000 --> 00:32:02,720 Speaker 2: Genie, they've taken Greg Bovino off social media. 651 00:32:02,800 --> 00:32:03,160 Speaker 3: You see this. 652 00:32:03,480 --> 00:32:05,920 Speaker 2: He's not able to use his ex account now, which 653 00:32:05,960 --> 00:32:09,120 Speaker 2: he was using pretty aggressively to go after critics, to 654 00:32:09,320 --> 00:32:14,640 Speaker 2: post appearances on cable news and so forth. He's been 655 00:32:14,680 --> 00:32:17,520 Speaker 2: going at it with lawmakers on X Yet he continues 656 00:32:17,560 --> 00:32:20,880 Speaker 2: to lead operations around the country according to the administration, 657 00:32:21,040 --> 00:32:21,920 Speaker 2: how do you have both? 658 00:32:22,000 --> 00:32:22,960 Speaker 3: How long can this last? 659 00:32:24,720 --> 00:32:28,360 Speaker 11: Yeah, we're gonna all miss his long green jacket, Joe 660 00:32:28,480 --> 00:32:32,560 Speaker 11: Matthew and his you know, he was he had just 661 00:32:32,760 --> 00:32:35,920 Speaker 11: like Christy name and like Steven Miller and some of 662 00:32:36,000 --> 00:32:36,800 Speaker 11: these other folks. 663 00:32:37,320 --> 00:32:39,120 Speaker 3: That has been what they have done. 664 00:32:39,680 --> 00:32:43,000 Speaker 11: Spent a lot of time on social media, followed around 665 00:32:43,120 --> 00:32:47,440 Speaker 11: by cameras, and you know, this has been something that 666 00:32:47,640 --> 00:32:51,560 Speaker 11: Donald Trump has always found attractive. And yet now what 667 00:32:51,720 --> 00:32:54,880 Speaker 11: we are seeing is it is starting to drag his 668 00:32:55,080 --> 00:32:58,480 Speaker 11: numbers down, and so they are moving these people off. 669 00:32:58,680 --> 00:33:01,840 Speaker 11: It makes sense. It is a little bit too late 670 00:33:01,960 --> 00:33:05,360 Speaker 11: by my estimation, but I think we should also be 671 00:33:05,600 --> 00:33:09,520 Speaker 11: cautious here because you remember the old Peter Drucker line, 672 00:33:09,560 --> 00:33:12,800 Speaker 11: and I know Bloomberg folks know Peter Drucker that when 673 00:33:13,240 --> 00:33:16,560 Speaker 11: organization's in crisis, you don't just change the people at 674 00:33:16,560 --> 00:33:19,760 Speaker 11: the top. You really have to look at the rules 675 00:33:19,880 --> 00:33:23,920 Speaker 11: of the game, at the policies, at the operations. That 676 00:33:24,160 --> 00:33:27,760 Speaker 11: is what is missing here, at least so far. Sure, 677 00:33:27,920 --> 00:33:31,840 Speaker 11: you have replaced Bovino, you have replaced Nome and maybe Lewandowski. 678 00:33:31,920 --> 00:33:33,320 Speaker 5: You've put home in up front. 679 00:33:33,440 --> 00:33:35,720 Speaker 7: That's fine, but it doesn't. 680 00:33:35,520 --> 00:33:39,120 Speaker 11: Change the operations, the policies, and the culture that has 681 00:33:39,200 --> 00:33:41,800 Speaker 11: been driving what has been happening on the ground in 682 00:33:41,840 --> 00:33:43,760 Speaker 11: Minneapolis and across the country. 683 00:33:44,280 --> 00:33:45,800 Speaker 7: That is a problem. 684 00:33:45,840 --> 00:33:47,680 Speaker 11: And when we think about what's going to hold up 685 00:33:47,720 --> 00:33:50,960 Speaker 11: government funding and potentially shut down the government on the 686 00:33:51,040 --> 00:33:55,400 Speaker 11: democratic side, that is it. Because you can't simply say 687 00:33:55,680 --> 00:33:58,240 Speaker 11: we're going to move this person off and all things 688 00:33:58,280 --> 00:34:00,560 Speaker 11: are better. Now look over here at this shy object 689 00:34:00,640 --> 00:34:01,120 Speaker 11: and things. 690 00:34:00,960 --> 00:34:01,640 Speaker 7: Will be fine. 691 00:34:02,160 --> 00:34:05,600 Speaker 11: There is a stink in the dhs an in border 692 00:34:05,680 --> 00:34:08,480 Speaker 11: patrol that needs to be addressed, and if they don't 693 00:34:08,520 --> 00:34:10,640 Speaker 11: put out plans to address it, that is going to 694 00:34:10,719 --> 00:34:11,560 Speaker 11: be a big problem. 695 00:34:12,600 --> 00:34:16,640 Speaker 2: You know a couple of senators, both Republicans, are up 696 00:34:16,680 --> 00:34:18,400 Speaker 2: with a proposal, Rick and I know we only have 697 00:34:18,440 --> 00:34:19,319 Speaker 2: about a minute left here. 698 00:34:19,360 --> 00:34:21,000 Speaker 3: This is Katie Britt and Susan Collins. 699 00:34:21,680 --> 00:34:25,600 Speaker 2: They're holding initial discussions, they say, around actions by Trump 700 00:34:25,800 --> 00:34:29,480 Speaker 2: executive actions that could be taken outside of the legislative 701 00:34:29,520 --> 00:34:33,719 Speaker 2: process to rein in ice enforcement. Democrats are saying that 702 00:34:33,880 --> 00:34:35,919 Speaker 2: that's not enough. Is there any way we could prevent 703 00:34:36,000 --> 00:34:37,640 Speaker 2: the government shut down by something like this? 704 00:34:38,880 --> 00:34:41,600 Speaker 12: Well, I do think the first order of events should 705 00:34:41,600 --> 00:34:45,400 Speaker 12: be Commerce exerts its own jurisdiction here. They are the 706 00:34:45,560 --> 00:34:49,399 Speaker 12: oversight of these executive branch agencies. And frankly, I think 707 00:34:49,440 --> 00:34:52,040 Speaker 12: it's great that Senator Grassley said he's going to hold 708 00:34:52,080 --> 00:34:53,200 Speaker 12: a hearing in March. 709 00:34:53,440 --> 00:34:55,279 Speaker 7: I mean, people are getting. 710 00:34:55,080 --> 00:34:58,480 Speaker 12: Killed in the streets of America today and he's going 711 00:34:58,560 --> 00:35:01,360 Speaker 12: to delay this for two months. Come on, where's the 712 00:35:01,480 --> 00:35:05,359 Speaker 12: oversight there? So before you start giving the present more 713 00:35:05,480 --> 00:35:08,680 Speaker 12: power in order to oversee his own agencies, I suggest 714 00:35:08,800 --> 00:35:09,680 Speaker 12: Congress step up. 715 00:35:11,120 --> 00:35:13,440 Speaker 2: Very real take from our great panel, Rick Davis and 716 00:35:13,520 --> 00:35:14,400 Speaker 2: Jeanie Shanzano. 717 00:35:16,000 --> 00:35:18,400 Speaker 3: Thanks for listening to the Balance of Power podcast. 718 00:35:19,080 --> 00:35:22,160 Speaker 2: Make sure to subscribe if you haven't already at Apple, Spotify, 719 00:35:22,280 --> 00:35:24,839 Speaker 2: or wherever you get your podcasts, and you can find 720 00:35:24,920 --> 00:35:28,160 Speaker 2: us live every weekday from Washington, DC at noontime Eastern 721 00:35:28,480 --> 00:35:29,640 Speaker 2: at Bloomberg dot com