1 00:00:02,520 --> 00:00:06,760 Speaker 1: Live from our nation's capital. This is Bloomberg sound on. 2 00:00:07,360 --> 00:00:09,760 Speaker 1: The parties are divided in terms of the effect that 3 00:00:09,800 --> 00:00:12,680 Speaker 1: the stimulus is going to have. This inflation debate has 4 00:00:12,760 --> 00:00:15,600 Speaker 1: really been heaning up the effect of what the Biden 5 00:00:15,600 --> 00:00:21,079 Speaker 1: administration is spending on political capital. Bloomberg Sound on. The insiders, 6 00:00:21,200 --> 00:00:24,799 Speaker 1: the influencers, the insights, a group of centrists are the 7 00:00:24,920 --> 00:00:28,400 Speaker 1: key senators to watch. Jill Biden gives number one focus 8 00:00:28,440 --> 00:00:31,840 Speaker 1: in addition to the COVID health crisis is jobs. I 9 00:00:31,880 --> 00:00:34,720 Speaker 1: don't quickly have red roads and blu roads, and that's 10 00:00:34,720 --> 00:00:37,800 Speaker 1: the way we're looking at this. Schoomberg Sound On with 11 00:00:37,880 --> 00:00:44,320 Speaker 1: Devinsil on Bloomberg Radio. President Biden takes the stimulus plan 12 00:00:45,120 --> 00:00:49,680 Speaker 1: to the States. Meanwhile, infrastructure is next on the docket. 13 00:00:49,960 --> 00:00:54,480 Speaker 1: To check in with Congressman Brendan Boyle, Democrat from suburban Philadelphia. 14 00:00:54,760 --> 00:00:57,880 Speaker 1: He wants to raise taxes on the ultra wealthy in 15 00:00:57,920 --> 00:01:01,600 Speaker 1: addition suspending some more on infrastructure. We will ask him 16 00:01:01,600 --> 00:01:04,080 Speaker 1: all about it. Plus Morgan Artegas joins us for the 17 00:01:04,120 --> 00:01:06,240 Speaker 1: final half hour. My name is Kevin Surlei. I'm the 18 00:01:06,280 --> 00:01:09,839 Speaker 1: chief Washington correspondent for Bloomberg Television and for Bloomberg Radio. 19 00:01:09,880 --> 00:01:14,400 Speaker 1: I'm accompanied by Bloomberg Politics contributor Rick Davis and Jeannie 20 00:01:14,440 --> 00:01:17,240 Speaker 1: Shawn Zeno. We begin tonight with the Big Story, which 21 00:01:17,280 --> 00:01:20,280 Speaker 1: of course is President Joe Biden, who delivered remarks on 22 00:01:20,319 --> 00:01:23,080 Speaker 1: the American Rescue Plan, the one point nine trillion dollar 23 00:01:23,480 --> 00:01:27,000 Speaker 1: stimulus bill, which was passed and signed into law this 24 00:01:27,080 --> 00:01:30,759 Speaker 1: week in a White House Rose Garden ceremony. Earlier this afternoon, 25 00:01:30,959 --> 00:01:34,080 Speaker 1: President Biden repeated the new mantra of his party on 26 00:01:34,120 --> 00:01:36,600 Speaker 1: the plan. Here's the sound on that I promise the 27 00:01:36,600 --> 00:01:40,600 Speaker 1: American people, and I guess it's becoming an overused phrase. 28 00:01:40,640 --> 00:01:45,480 Speaker 1: It help was on the way. But today, with the 29 00:01:45,480 --> 00:01:50,600 Speaker 1: American Rescue Plan now signing the law, we've delivered on 30 00:01:50,680 --> 00:01:53,280 Speaker 1: that promise. And I don't mean i've delivered, we've delivered. 31 00:01:53,640 --> 00:01:55,960 Speaker 1: He went on to say that many who complained that 32 00:01:56,000 --> 00:01:58,640 Speaker 1: the one point nine trillion dollar price tag was too expensive, 33 00:01:59,200 --> 00:02:03,200 Speaker 1: but President Biden said that it did have bipartisan support. 34 00:02:03,200 --> 00:02:06,200 Speaker 1: Here's the sound on that. Over for an or thirty 35 00:02:06,240 --> 00:02:09,639 Speaker 1: Mayor's contact to me. Many and Republicans supporting the bill. 36 00:02:10,040 --> 00:02:13,560 Speaker 1: And here's why, because what you all did with it 37 00:02:13,560 --> 00:02:16,880 Speaker 1: in the refinements you made it directly addressed the emergency 38 00:02:16,880 --> 00:02:19,680 Speaker 1: in this country. Congress, and Brandan Boyle's on the phone 39 00:02:19,680 --> 00:02:23,560 Speaker 1: with us. He's a Democrat from Billy, suburban Philly area. 40 00:02:24,240 --> 00:02:28,200 Speaker 1: And President Biden said it to Delco, my hometown, next Tuesday. 41 00:02:29,040 --> 00:02:33,160 Speaker 1: But Congressman, I would take it. You're gonna be there, well, 42 00:02:33,240 --> 00:02:35,240 Speaker 1: Congress is, but hey, good to talk to you, Kevin. 43 00:02:35,280 --> 00:02:38,120 Speaker 1: And Congress is supposed to be in session on Tuesday, 44 00:02:38,280 --> 00:02:40,720 Speaker 1: so I would like to be there. But if we 45 00:02:40,800 --> 00:02:43,799 Speaker 1: have votes on the floor, then unfortunately, I think I'll 46 00:02:43,840 --> 00:02:46,520 Speaker 1: be kept working in d C. You know that that 47 00:02:46,720 --> 00:02:49,080 Speaker 1: little thing called votes. All right, but with this plan, 48 00:02:49,480 --> 00:02:51,320 Speaker 1: a lot of folks say it's too much money and 49 00:02:51,360 --> 00:02:53,280 Speaker 1: I gotta be candid here, and O Republicans in the 50 00:02:53,320 --> 00:02:55,200 Speaker 1: House that the Senate supported it, so I mean it 51 00:02:55,240 --> 00:02:59,399 Speaker 1: was it was a partisan bill. No, I disagree. I mean, look, 52 00:02:59,440 --> 00:03:01,320 Speaker 1: it's bi part us and in terms of its support 53 00:03:01,400 --> 00:03:04,359 Speaker 1: from the American people, over three quarters of the American 54 00:03:04,400 --> 00:03:08,680 Speaker 1: people favorite, including six Republicans. But you know the fact 55 00:03:08,680 --> 00:03:13,280 Speaker 1: that no Republican would vote for something that frankly had 56 00:03:13,360 --> 00:03:16,280 Speaker 1: similarities to what they voted for just a year ago 57 00:03:16,400 --> 00:03:19,440 Speaker 1: under the Cares Act, I think speaks more to their 58 00:03:19,520 --> 00:03:23,320 Speaker 1: partisanship than than the bill itself. I'd also point out 59 00:03:23,400 --> 00:03:26,079 Speaker 1: this isn't that new. I mean, there wasn't one Republican 60 00:03:26,160 --> 00:03:31,320 Speaker 1: vote for Bill Clinton's economic plan or Barack Obama's stimulus 61 00:03:31,440 --> 00:03:34,680 Speaker 1: plan in two thousand nine, so we shouldn't really be 62 00:03:35,280 --> 00:03:37,560 Speaker 1: surprised about the way that vote turned out on the 63 00:03:37,600 --> 00:03:40,400 Speaker 1: Republican side. Can I ask you a question about our 64 00:03:40,520 --> 00:03:44,440 Speaker 1: area where I grew up in particular. I mean, I 65 00:03:44,520 --> 00:03:47,040 Speaker 1: was shocked that there's no money for retraining in this bill. 66 00:03:47,480 --> 00:03:50,760 Speaker 1: And I think it's frustrated both Republicans and Democrats because 67 00:03:50,760 --> 00:03:52,960 Speaker 1: that might be an area where there is some bipartisanship 68 00:03:53,040 --> 00:03:56,480 Speaker 1: to retrain people, especially in in our area, who have 69 00:03:56,520 --> 00:04:01,040 Speaker 1: been laid off because of refinery shutting down out And 70 00:04:01,440 --> 00:04:05,040 Speaker 1: I guess how do you and I think Unfortunately, we 71 00:04:05,120 --> 00:04:07,000 Speaker 1: in the media, when we say the word retraining, we 72 00:04:07,080 --> 00:04:09,640 Speaker 1: think of people in the early twenties or their late teens. 73 00:04:09,680 --> 00:04:12,880 Speaker 1: And you and I know you know this, Congressman. Uh, 74 00:04:13,080 --> 00:04:15,320 Speaker 1: this means people in their forties and their fifties and 75 00:04:15,320 --> 00:04:19,120 Speaker 1: their sixties. And how do you how do you retrain folks? 76 00:04:19,240 --> 00:04:23,200 Speaker 1: I mean, do we need to do that? Yeah? I 77 00:04:23,279 --> 00:04:25,200 Speaker 1: agree with you. But you know, I wouldn't lose hope. 78 00:04:25,200 --> 00:04:26,760 Speaker 1: I do think that you're going to see money for 79 00:04:26,839 --> 00:04:30,880 Speaker 1: retraining in the infrastructure bill, don't It would actually make Yeah, 80 00:04:30,960 --> 00:04:32,600 Speaker 1: and it's actually where it would make a little bit 81 00:04:32,640 --> 00:04:35,600 Speaker 1: more sense. I'd also point out that the whole idea 82 00:04:35,600 --> 00:04:39,080 Speaker 1: of retraining sometimes happens under a program a lot of 83 00:04:39,120 --> 00:04:42,000 Speaker 1: people don't probably don't know about, called tier A. It's 84 00:04:42,040 --> 00:04:46,600 Speaker 1: the Trade Adjustment Assistance and so in Northeast Philly, which 85 00:04:46,640 --> 00:04:49,960 Speaker 1: is pretty similar to Delco Northeast Philly, we recently lost 86 00:04:50,000 --> 00:04:53,159 Speaker 1: our big Nibisco plan, over three hundred of workers. They 87 00:04:53,200 --> 00:04:56,680 Speaker 1: are family sustaining jobs. Could smell the chocolate chip cookies 88 00:04:56,720 --> 00:05:02,560 Speaker 1: being made for miles away. Unfortunately those Friday well unfortunately 89 00:05:02,600 --> 00:05:05,680 Speaker 1: you'll have to go to Monterey, Mexico to uh to 90 00:05:05,720 --> 00:05:10,320 Speaker 1: see the plant nowadays, and bundles, to their disgrace, UM 91 00:05:10,480 --> 00:05:13,640 Speaker 1: laid off all those people in my district. They were 92 00:05:13,680 --> 00:05:16,960 Speaker 1: able to qualify for retraining dollars through the t A A, 93 00:05:17,200 --> 00:05:20,680 Speaker 1: but that's because they were impacted by trade policy. I 94 00:05:20,720 --> 00:05:23,920 Speaker 1: would like to see something like that that that has 95 00:05:23,960 --> 00:05:26,360 Speaker 1: basically expanded so that way you don't have to have 96 00:05:26,440 --> 00:05:29,560 Speaker 1: just washed your job because of trade. Uh, and you 97 00:05:29,600 --> 00:05:33,240 Speaker 1: can get the sort of retraining that you need. At 98 00:05:33,240 --> 00:05:35,560 Speaker 1: the same time, though, I gotta say, and I remember 99 00:05:35,560 --> 00:05:37,560 Speaker 1: when my dad lost. My dad worked in the warehouse 100 00:05:37,600 --> 00:05:39,680 Speaker 1: over twenty five years, and then he was in his 101 00:05:39,760 --> 00:05:44,320 Speaker 1: early fifties, high school education, and suddenly the warehouse closed down. 102 00:05:45,040 --> 00:05:48,560 Speaker 1: It can be really scary to say to workers, especially 103 00:05:48,600 --> 00:05:52,120 Speaker 1: guys in their fifties, that we're going to tempt to 104 00:05:52,160 --> 00:05:56,279 Speaker 1: retrain you for something different, that that's tougher than just 105 00:05:56,400 --> 00:05:59,840 Speaker 1: dollars and cents. Congressmen, is Rick Davis, I I give 106 00:05:59,880 --> 00:06:02,599 Speaker 1: you credit for being one of the only politicians I've 107 00:06:02,640 --> 00:06:06,200 Speaker 1: ever heard of who actually campaigned against an oreo. And 108 00:06:06,279 --> 00:06:09,000 Speaker 1: I don't know how that spells politics, but like, good 109 00:06:09,080 --> 00:06:11,640 Speaker 1: luck to you on that one, um, Listen, I wanted 110 00:06:11,640 --> 00:06:14,400 Speaker 1: to ask you a little bit more about the the 111 00:06:14,520 --> 00:06:19,760 Speaker 1: American bill back a ward. Uh. It is a huge 112 00:06:19,920 --> 00:06:23,479 Speaker 1: spending of federal dollars without increase in revenue, right, and 113 00:06:23,480 --> 00:06:25,800 Speaker 1: so the old days we used to have rules where 114 00:06:25,800 --> 00:06:28,120 Speaker 1: you had to have offsetting. And we're going right into 115 00:06:28,120 --> 00:06:30,720 Speaker 1: the Fed budget right here to to pay for two 116 00:06:30,760 --> 00:06:34,040 Speaker 1: trillion dollars with this stuff and without arguing what is 117 00:06:34,080 --> 00:06:36,880 Speaker 1: important in that Bill, Are we entering a period where 118 00:06:36,880 --> 00:06:40,080 Speaker 1: we don't care about deficits anymore? And if if we don't, 119 00:06:41,000 --> 00:06:45,520 Speaker 1: why bother trying to raise revenue? Well, first, I, if 120 00:06:45,520 --> 00:06:47,520 Speaker 1: you'll give me a minute, I have to brag I 121 00:06:47,600 --> 00:06:51,719 Speaker 1: have not had an oreo since that scummy company closed 122 00:06:51,800 --> 00:06:55,520 Speaker 1: their factory in my district. Okay, Kevin, that's it. We're 123 00:06:55,560 --> 00:06:58,280 Speaker 1: banning oreos on this show. You know, first of all, 124 00:06:58,320 --> 00:07:00,640 Speaker 1: I the last thing I needed to get trouble today, 125 00:07:00,720 --> 00:07:03,160 Speaker 1: trust me. But I will tell you this. I am 126 00:07:03,240 --> 00:07:07,200 Speaker 1: a huge fan of all junk food. But go ahead. 127 00:07:06,920 --> 00:07:09,240 Speaker 1: I generally am right there with you, Kevin, But I 128 00:07:09,279 --> 00:07:15,760 Speaker 1: am right there. But um, you know, you know it's 129 00:07:15,760 --> 00:07:18,000 Speaker 1: really funny. I mean, for those of us who experienced 130 00:07:18,760 --> 00:07:22,960 Speaker 1: politics in the early nineties, um, with Ross Perot and 131 00:07:23,000 --> 00:07:25,280 Speaker 1: the charts about debt and deficit, a lot of that 132 00:07:26,680 --> 00:07:31,160 Speaker 1: Republican wave was actually about addressing the deficit. And then, 133 00:07:31,320 --> 00:07:35,200 Speaker 1: having experienced the Tea Party wave, it is pretty jarring 134 00:07:35,240 --> 00:07:38,400 Speaker 1: to be in in this existence in which deficit and 135 00:07:38,440 --> 00:07:41,400 Speaker 1: debt has just completely dropped the radar off the radar 136 00:07:41,440 --> 00:07:44,680 Speaker 1: in terms of people's concern. Now, I will tell you ideologically, 137 00:07:45,240 --> 00:07:47,520 Speaker 1: I agree with going big. I do think this is 138 00:07:47,560 --> 00:07:49,760 Speaker 1: a moment in which we have to do it, We 139 00:07:49,880 --> 00:07:52,720 Speaker 1: have to bite the bullet. But I also do recognize 140 00:07:52,720 --> 00:07:55,200 Speaker 1: there are certain laws of gravity and that at some 141 00:07:55,280 --> 00:07:58,000 Speaker 1: point we are going to have to turn to revenue 142 00:07:58,680 --> 00:08:01,120 Speaker 1: and look to raise revenue. I have a couple ideas 143 00:08:01,120 --> 00:08:03,280 Speaker 1: on how we can do that UM, but I don't 144 00:08:03,320 --> 00:08:07,080 Speaker 1: think that the sort of training wheels being off and 145 00:08:07,160 --> 00:08:12,000 Speaker 1: just being able to spend UM indefinitely without addressing revenue 146 00:08:12,120 --> 00:08:15,000 Speaker 1: is going to be something that's sustainable. Well, one of 147 00:08:15,040 --> 00:08:17,720 Speaker 1: the ideas that you have, I interviewed Senator Elizabeth Moore 148 00:08:17,800 --> 00:08:20,840 Speaker 1: and just the other week. They all blend together. It 149 00:08:20,880 --> 00:08:23,080 Speaker 1: might have been I was last week and last week 150 00:08:23,440 --> 00:08:28,400 Speaker 1: and to raise taxes on ultra millionaires and billionaires, and 151 00:08:28,440 --> 00:08:30,280 Speaker 1: I think it was like two cents or three cents 152 00:08:30,840 --> 00:08:34,320 Speaker 1: was threshold, but that that would be able to fund infrastructure. 153 00:08:34,640 --> 00:08:37,160 Speaker 1: I mean, I was struct just you know, I think 154 00:08:37,160 --> 00:08:40,640 Speaker 1: it's geographic bias, but understanding the politics of our area. 155 00:08:41,360 --> 00:08:43,240 Speaker 1: I was struck to see to see your name on 156 00:08:43,280 --> 00:08:44,880 Speaker 1: the co sponsor list. How did you arrive at that 157 00:08:44,880 --> 00:08:48,760 Speaker 1: conclusion that that was the best decision for for for 158 00:08:48,800 --> 00:08:51,800 Speaker 1: you to co sponsor? Yeah? Well, first I mean, I 159 00:08:51,920 --> 00:08:54,320 Speaker 1: just a little pepeeve I have as I know that 160 00:08:54,480 --> 00:08:56,679 Speaker 1: in the media we tend to all and I did. 161 00:08:56,760 --> 00:08:58,680 Speaker 1: I'm even guilty of it myself. We tend to put 162 00:08:58,720 --> 00:09:01,320 Speaker 1: people into neat little box is where that's the persons 163 00:09:01,320 --> 00:09:03,520 Speaker 1: a progressive, that person is a conservative, that person is 164 00:09:03,520 --> 00:09:07,600 Speaker 1: a moderate. Realize, isn't like that. I mean you can 165 00:09:07,679 --> 00:09:10,920 Speaker 1: have some views, yeah that generally when you add them up, 166 00:09:11,000 --> 00:09:14,120 Speaker 1: you have some sort of an orientation. But on any 167 00:09:14,200 --> 00:09:17,920 Speaker 1: given issue, you know you can you don't necessarily conform 168 00:09:17,960 --> 00:09:20,200 Speaker 1: with that. And I know people who weren't political in 169 00:09:20,280 --> 00:09:22,920 Speaker 1: my own life who might be conservative on some things 170 00:09:22,920 --> 00:09:25,320 Speaker 1: but very liberal on others. And so the wealth tax 171 00:09:25,400 --> 00:09:28,040 Speaker 1: is actually a great example of that because when you 172 00:09:28,080 --> 00:09:31,679 Speaker 1: look at the polling, it is remarkably popular. A plurality 173 00:09:32,120 --> 00:09:36,440 Speaker 1: of registered Republicans agree with the idea of having a 174 00:09:36,480 --> 00:09:39,080 Speaker 1: two cent tax on those worth fifty million or more, 175 00:09:39,400 --> 00:09:41,199 Speaker 1: and it goes up a little bit more once you're 176 00:09:41,200 --> 00:09:45,280 Speaker 1: at the one billion point. It raises a boatload of money. 177 00:09:45,559 --> 00:09:47,360 Speaker 1: I mean, no surprise, it turns out you're going to 178 00:09:47,440 --> 00:09:49,160 Speaker 1: raise a lot of money. If you tax the people 179 00:09:49,200 --> 00:09:51,760 Speaker 1: who have the most money, um, it would raise three 180 00:09:51,800 --> 00:09:54,240 Speaker 1: trillion dollars. But I also think in terms of the 181 00:09:54,280 --> 00:09:58,600 Speaker 1: fairness argument, so much of the gains have been disproportionately 182 00:09:58,679 --> 00:10:02,160 Speaker 1: skewed in the last twenty twenty years. Forget the top one. 183 00:10:02,760 --> 00:10:07,280 Speaker 1: We're talking about the top one half of one tenth 184 00:10:07,600 --> 00:10:11,800 Speaker 1: of one percent, a very small fraction of individuals who 185 00:10:11,880 --> 00:10:14,360 Speaker 1: have done so well over the last twenty five years. 186 00:10:14,960 --> 00:10:19,000 Speaker 1: I do think this is warranted. Okay, Representative Boile, it's 187 00:10:19,040 --> 00:10:20,960 Speaker 1: Genie Chantey. Know, it's great to talk to you. I 188 00:10:20,960 --> 00:10:23,160 Speaker 1: wanted to just take you to the southern border and 189 00:10:23,240 --> 00:10:25,559 Speaker 1: ask you, some of your colleagues are visiting, both on 190 00:10:25,600 --> 00:10:28,880 Speaker 1: the Republican and Democratic side, where do we go on 191 00:10:28,960 --> 00:10:32,040 Speaker 1: immigration at this point and our Democrats going to be 192 00:10:32,120 --> 00:10:36,720 Speaker 1: able to get a bill through this year? Well, I 193 00:10:36,760 --> 00:10:39,960 Speaker 1: think the first, like so many issues, the first question 194 00:10:39,960 --> 00:10:43,400 Speaker 1: you have to ask is are we assuming that the 195 00:10:43,480 --> 00:10:47,960 Speaker 1: sixty vote threshold is staying in the Senate. Because if 196 00:10:48,040 --> 00:10:51,520 Speaker 1: you are, then obviously that limits the sort of choices 197 00:10:51,920 --> 00:10:54,240 Speaker 1: available then we're looking at, for example, in the House, 198 00:10:54,520 --> 00:10:56,960 Speaker 1: we're going to be moving on DOCCA and the Dream 199 00:10:57,000 --> 00:11:00,120 Speaker 1: Act next week. Those are two very popular positions and 200 00:11:00,440 --> 00:11:04,480 Speaker 1: that that have are too popular pieces of legislation that 201 00:11:04,640 --> 00:11:10,520 Speaker 1: have bipartisan support. They're probably more um uh narrowly tailored 202 00:11:10,920 --> 00:11:15,120 Speaker 1: then immigration advocates would like. But we know or we're 203 00:11:15,120 --> 00:11:18,200 Speaker 1: confident that those two can get through a sixty vote 204 00:11:18,200 --> 00:11:21,880 Speaker 1: threshold in the Senate. I think that comprehensive immigration reform, 205 00:11:21,960 --> 00:11:24,960 Speaker 1: even though I'm for it, It's hard to see how 206 00:11:24,960 --> 00:11:27,640 Speaker 1: you would get sixty votes over there to do something 207 00:11:27,720 --> 00:11:31,120 Speaker 1: as big and bold as that. Cogresson Brendan Boyle, always 208 00:11:31,160 --> 00:11:36,480 Speaker 1: appreciate your time. Just really appreciate that candid conversation, and 209 00:11:36,600 --> 00:11:40,319 Speaker 1: I think candidly for the Bloomberg audience to hear directly 210 00:11:40,400 --> 00:11:46,840 Speaker 1: how trade and global trade UH is impacting parts of 211 00:11:46,880 --> 00:11:52,400 Speaker 1: our country. Congresson Brendon Boyle, Democrat from Pennsylvania, I'm Kevin 212 00:11:52,400 --> 00:11:55,800 Speaker 1: SERLEI much more coming up next, This is Bloomberg. I'm 213 00:11:55,880 --> 00:11:58,719 Speaker 1: Kevin Sili, Chief Washington corresponding for Bloomberg Television and for 214 00:11:58,760 --> 00:12:03,000 Speaker 1: Bloomberg Radio, a company by the Bloomberg Politics contributing team. 215 00:12:03,080 --> 00:12:05,400 Speaker 1: Rick Davis and Jeannie shawn Z. You know, I mean 216 00:12:05,400 --> 00:12:08,200 Speaker 1: not to go rogue for a second, but Rick, I 217 00:12:08,280 --> 00:12:13,760 Speaker 1: was really struck to hear UH Congressman Boyle speak about 218 00:12:13,800 --> 00:12:18,880 Speaker 1: his support for taxing billionaires and taxing you know, rich people. Uh, 219 00:12:19,040 --> 00:12:21,240 Speaker 1: just a couple more cents. I mean, he he is 220 00:12:21,840 --> 00:12:24,080 Speaker 1: you know, he he kind of rightfully said how we 221 00:12:24,120 --> 00:12:26,360 Speaker 1: all in the media try to you know, put people 222 00:12:26,360 --> 00:12:29,840 Speaker 1: in boxes, but he as I'm going to put him 223 00:12:29,840 --> 00:12:32,120 Speaker 1: in a box, I mean, is seen as more of 224 00:12:32,200 --> 00:12:35,680 Speaker 1: a center left m um. And so his support I 225 00:12:35,720 --> 00:12:37,920 Speaker 1: think if you're looking at the direction that the party 226 00:12:37,960 --> 00:12:41,680 Speaker 1: set it in. Uh, I was really striking to to 227 00:12:41,800 --> 00:12:44,960 Speaker 1: hear him, you know, talk about his support for it, 228 00:12:45,080 --> 00:12:49,040 Speaker 1: and and I think it captured the mood of the moment. Yeah, Kevin, 229 00:12:49,080 --> 00:12:51,200 Speaker 1: I think your question was just perfect. I mean, right 230 00:12:51,240 --> 00:12:53,760 Speaker 1: after saying sure, yeah, we can raise tons of debt 231 00:12:53,800 --> 00:12:57,000 Speaker 1: to finance the things we need, you point out that 232 00:12:57,080 --> 00:13:00,679 Speaker 1: he's pursuing this tax on the rich and exactly right 233 00:13:00,720 --> 00:13:03,640 Speaker 1: out of the Elizabeth Warrent game plan. And he's like, yeah, 234 00:13:03,720 --> 00:13:06,640 Speaker 1: full thrown in endorsement. We not mayby didn't even need 235 00:13:06,679 --> 00:13:09,600 Speaker 1: the money, but let's go after those guys anyway. And 236 00:13:09,679 --> 00:13:12,800 Speaker 1: so I was surprised, because you're right, he is a 237 00:13:12,880 --> 00:13:17,680 Speaker 1: center you know left, not a lefty Democrat. And uh, 238 00:13:17,800 --> 00:13:19,959 Speaker 1: if guys like him start telling that line, they really 239 00:13:19,960 --> 00:13:23,520 Speaker 1: will position a Democratic Party left a center and and 240 00:13:23,559 --> 00:13:26,680 Speaker 1: in you know Philadelphia suburbs, you know they they're not 241 00:13:26,760 --> 00:13:30,440 Speaker 1: always gonna go Democratic. Well, and you know, I go 242 00:13:30,520 --> 00:13:32,920 Speaker 1: back and Rick and Jeanie, you know, we were joking 243 00:13:32,920 --> 00:13:36,000 Speaker 1: about this for the Warren interview, but Senator McCain did 244 00:13:36,000 --> 00:13:39,880 Speaker 1: support Glass Steagle with Senator Elizabeth Warren. So you know 245 00:13:40,000 --> 00:13:42,839 Speaker 1: there's that, there is that streak. I think, what's your point, Kevin, 246 00:13:42,920 --> 00:13:44,960 Speaker 1: what is your point? I don't know, you know what 247 00:13:45,000 --> 00:13:47,320 Speaker 1: I but I but I think it's I do think. 248 00:13:47,480 --> 00:13:49,439 Speaker 1: I mean, I'm not I really am not in the 249 00:13:49,480 --> 00:13:51,680 Speaker 1: business of predicting, but I I do think that a 250 00:13:51,679 --> 00:13:54,120 Speaker 1: Republican will come out to support this. I really do. 251 00:13:54,400 --> 00:13:56,480 Speaker 1: Can I just jump in though, and say that I 252 00:13:56,559 --> 00:14:00,080 Speaker 1: do give a representative Boil and Elizabeth Warren credit it 253 00:14:00,160 --> 00:14:03,160 Speaker 1: because unlike some people, they are not talking about spending 254 00:14:03,440 --> 00:14:06,640 Speaker 1: without paying for it. They actually are putting forward a plan, 255 00:14:06,720 --> 00:14:08,480 Speaker 1: whether you think it's a good plan or not, for 256 00:14:08,600 --> 00:14:11,000 Speaker 1: paying for it. And I do think that's important to 257 00:14:11,040 --> 00:14:13,680 Speaker 1: say because my frustration has been all the talk of 258 00:14:13,720 --> 00:14:17,280 Speaker 1: three trillion dollars for infrastructure. But to Rick's earlierpport, we 259 00:14:17,280 --> 00:14:18,960 Speaker 1: don't need to worry about how we're going to fund that. 260 00:14:19,280 --> 00:14:21,600 Speaker 1: I give him credit for talking at least about a 261 00:14:21,640 --> 00:14:24,920 Speaker 1: plan moving towards funding. And if there's one thing the 262 00:14:25,000 --> 00:14:28,040 Speaker 1: last year taught everyone, Republicans and Democrats agree, it's at 263 00:14:28,080 --> 00:14:32,360 Speaker 1: the wealth gap continued to become exacerbated as a result 264 00:14:32,440 --> 00:14:37,080 Speaker 1: of of the what happened in the economy. Let's talk 265 00:14:37,080 --> 00:14:40,120 Speaker 1: about Cuomo. How's that for a pivot. Here's the sounds 266 00:14:40,120 --> 00:14:44,840 Speaker 1: on this story? Is I mean New York's Governor Andrew 267 00:14:44,840 --> 00:14:49,720 Speaker 1: Cuomo under fire and investigation for alleged, really allegedly sexually 268 00:14:49,760 --> 00:14:52,920 Speaker 1: harassing six women and groping one of them. Despite growing 269 00:14:52,920 --> 00:14:55,920 Speaker 1: by partisan calls for him to resign growing louder in 270 00:14:55,960 --> 00:15:00,080 Speaker 1: response to the latest accusation of inappropriate behavior, govern Or 271 00:15:00,120 --> 00:15:02,840 Speaker 1: Cuomo today not only refused to step down, but he 272 00:15:02,920 --> 00:15:07,240 Speaker 1: blasted those colleagues. Here's the sound on this from Governor Cuomo. 273 00:15:07,720 --> 00:15:13,880 Speaker 1: Politicians who don't know a single fact but yet form 274 00:15:14,120 --> 00:15:20,400 Speaker 1: a conclusion and an opinion are, in my opinion, reckless 275 00:15:20,440 --> 00:15:25,800 Speaker 1: and dangerous. I won't speculate about people's possible motives, but 276 00:15:25,880 --> 00:15:29,760 Speaker 1: I can tell you, as a former attorney general who 277 00:15:29,800 --> 00:15:34,520 Speaker 1: has gone through this situation many times, there are often 278 00:15:34,720 --> 00:15:42,280 Speaker 1: many motivations for making an allegation. The list of members 279 00:15:42,760 --> 00:15:48,880 Speaker 1: in Congress calling for Governor Cuomo to resign expanded today. 280 00:15:49,840 --> 00:15:55,480 Speaker 1: Alexandriacastio Cortez is calling on Governor Cuomo to resign. Caroline 281 00:15:55,520 --> 00:16:00,960 Speaker 1: Maloney calling on Governor Cuomo to resign, Jerry nadlery that 282 00:16:01,160 --> 00:16:07,080 Speaker 1: Clark Adrianna espaliad they're all calling Jennie for Governor Cuomo 283 00:16:07,200 --> 00:16:12,240 Speaker 1: to resign. They are. And you have, uh amtre Historic Cousins, 284 00:16:12,280 --> 00:16:14,720 Speaker 1: the head of the Democratic head of the New York 285 00:16:14,800 --> 00:16:17,560 Speaker 1: State New York State Senate, calling him for him to 286 00:16:17,600 --> 00:16:21,360 Speaker 1: resign even earlier, and I thought, I'm so glad you 287 00:16:21,400 --> 00:16:24,920 Speaker 1: played that that clip. His UM press conference today was 288 00:16:25,000 --> 00:16:31,720 Speaker 1: absolutely astonishing. For him to question people's motives for making allegations. 289 00:16:31,760 --> 00:16:33,880 Speaker 1: This is somebody who, let's not forget to bring up 290 00:16:33,880 --> 00:16:37,520 Speaker 1: a very difficult topic, Brett Kavanaugh's uh during the Brett 291 00:16:37,560 --> 00:16:40,720 Speaker 1: Kavanaugh hearings. This is somebody who said you always must 292 00:16:40,760 --> 00:16:43,880 Speaker 1: believe the accusers. And so for him to come out 293 00:16:43,920 --> 00:16:47,920 Speaker 1: now and say this, when you have a increasing number 294 00:16:47,960 --> 00:16:52,720 Speaker 1: of women with incredibly serious allegations, including sexual assault, to 295 00:16:52,840 --> 00:16:55,800 Speaker 1: get out there today and to talk about questioning people's 296 00:16:55,880 --> 00:16:59,800 Speaker 1: motives for coming forward was to me absolutely astonishing. And 297 00:16:59,800 --> 00:17:02,800 Speaker 1: I do think, I do think that we're going to 298 00:17:02,880 --> 00:17:05,560 Speaker 1: see more people on the Democratic side call for him 299 00:17:05,600 --> 00:17:08,440 Speaker 1: to resign, and I think that's the right move. I mean. 300 00:17:08,880 --> 00:17:12,760 Speaker 1: And then there's this this other story, Rick Davis about 301 00:17:12,800 --> 00:17:16,239 Speaker 1: the nursing homes. Yeah, I mean, cooking the numbers on 302 00:17:16,359 --> 00:17:20,080 Speaker 1: nursing home reports at the height of the death rate 303 00:17:20,160 --> 00:17:24,160 Speaker 1: in New York State from COVID. Uh, you know, I mean, 304 00:17:24,200 --> 00:17:26,560 Speaker 1: he was getting so much credit for being open. His 305 00:17:26,720 --> 00:17:30,640 Speaker 1: daily briefings were watched by millions of people. Uh, he 306 00:17:30,680 --> 00:17:34,960 Speaker 1: was a stabilizing but but you know, now you really 307 00:17:35,000 --> 00:17:37,480 Speaker 1: wonder whether that was all just a smoke screen. And 308 00:17:37,760 --> 00:17:39,159 Speaker 1: I was Rick, I was just gonna say, he was 309 00:17:39,200 --> 00:17:41,480 Speaker 1: giving himself a lot of credit for that with the book. 310 00:17:41,520 --> 00:17:46,000 Speaker 1: And so so I come from my grandmother would always say, 311 00:17:46,000 --> 00:17:47,520 Speaker 1: don't tell me what you did, tell me what you 312 00:17:47,560 --> 00:17:50,560 Speaker 1: didn't do. We gotta leave it there. I'm Kevin Surreally, 313 00:17:51,160 --> 00:17:54,720 Speaker 1: this is Bloomberg, and I'm Kevin's really chief Washington correspondent 314 00:17:54,760 --> 00:17:57,679 Speaker 1: for Bloomberg Television and for Bloomberg Radio. Accompanied by the 315 00:17:57,680 --> 00:18:02,040 Speaker 1: all star policy team, the Bloomberg Politics contributors Jeanie Shnzano 316 00:18:02,119 --> 00:18:05,960 Speaker 1: and Rick Davis, and our next guest. It's her first 317 00:18:05,960 --> 00:18:08,640 Speaker 1: time on the program since being out of office. Uh. 318 00:18:08,640 --> 00:18:11,120 Speaker 1: And here's a story about Morgan ortegas Morgan, you're ready 319 00:18:11,119 --> 00:18:14,320 Speaker 1: for this, the former spokesperson for now former Secretary of 320 00:18:14,400 --> 00:18:19,040 Speaker 1: State Mike Pompeo. So I'm on this trip um with 321 00:18:19,119 --> 00:18:22,159 Speaker 1: the Secretary Pompeo. You know, it's like five countries and 322 00:18:22,240 --> 00:18:24,560 Speaker 1: five days par for the course from Morgan. And we're 323 00:18:24,560 --> 00:18:27,600 Speaker 1: on the plane. What was the plane called Morgan that 324 00:18:27,720 --> 00:18:33,000 Speaker 1: the Secretary of State travels on. Is Morgan there? We 325 00:18:33,040 --> 00:18:36,000 Speaker 1: don't have Morgan yet. Anyway, maybe we maybe we get 326 00:18:36,119 --> 00:18:39,400 Speaker 1: Morgan back on the line, but uh, well I want 327 00:18:39,400 --> 00:18:41,560 Speaker 1: to wait till she's here. But she we're calling her back. 328 00:18:41,800 --> 00:18:45,360 Speaker 1: So we're on this plane and we're flying around and uh, 329 00:18:45,680 --> 00:18:50,719 Speaker 1: Secretary Pompeo did a briefing on the plane, Rick and Genie, 330 00:18:50,720 --> 00:18:55,480 Speaker 1: which is a gaggle as it's called a gaggle, and uh, 331 00:18:55,680 --> 00:18:57,760 Speaker 1: he's taking questions and you know, I go in for 332 00:18:57,800 --> 00:19:00,560 Speaker 1: the first question and Morgan goes, hold on, I didn't 333 00:19:00,560 --> 00:19:02,680 Speaker 1: call him, you keV. What is this the White House 334 00:19:02,680 --> 00:19:06,879 Speaker 1: Brady briefing? Room, or people can just can just shout 335 00:19:06,880 --> 00:19:09,200 Speaker 1: one at a time, and so I guess we guess 336 00:19:09,200 --> 00:19:12,200 Speaker 1: our call drops. We don't have her, But either way, 337 00:19:12,240 --> 00:19:14,400 Speaker 1: when we get her on the line, we will continue. 338 00:19:14,400 --> 00:19:17,240 Speaker 1: But I mean those gaggles that can be quite interesting. 339 00:19:17,760 --> 00:19:21,400 Speaker 1: Oh yeah, and uh you get the action live from 340 00:19:21,440 --> 00:19:25,960 Speaker 1: that moment. What's happening? And and many times reporters like 341 00:19:26,040 --> 00:19:28,720 Speaker 1: you can ask those searing questions and there's nowhere for 342 00:19:28,880 --> 00:19:32,040 Speaker 1: the secretary to go. And so I think that, uh, 343 00:19:32,359 --> 00:19:35,439 Speaker 1: I think that you have wonderful opportunities to catch him 344 00:19:35,440 --> 00:19:37,800 Speaker 1: by surprise. And I like I like the fact she 345 00:19:37,880 --> 00:19:40,920 Speaker 1: keeps Kevin in line. It's not his turn yet not 346 00:19:41,280 --> 00:19:48,119 Speaker 1: many people can credit Morgan. Are you there? I am 347 00:19:48,119 --> 00:19:50,240 Speaker 1: sorry about that. Did you miss that whole intro? I 348 00:19:50,280 --> 00:19:52,080 Speaker 1: was telling him about the time on the plane when 349 00:19:52,119 --> 00:19:55,320 Speaker 1: I tried to ask Pompeio a question. You said, what 350 00:19:55,440 --> 00:19:57,680 Speaker 1: is this the Brady briefing room? We call them people here. 351 00:19:59,440 --> 00:20:01,320 Speaker 1: You know what, I ran a tight ship over there. 352 00:20:01,600 --> 00:20:03,200 Speaker 1: One of the reasons why you didn't see a lot 353 00:20:03,200 --> 00:20:05,800 Speaker 1: of Shenanigans coming out of the States Department, at least 354 00:20:05,800 --> 00:20:10,760 Speaker 1: not during my time. Okay, so a year ago March eleventh, 355 00:20:10,840 --> 00:20:12,760 Speaker 1: March eleventh is I want to do this segment on 356 00:20:12,800 --> 00:20:14,919 Speaker 1: March eleventh before we talked to you a politics because 357 00:20:15,160 --> 00:20:17,880 Speaker 1: the world changed, just from your perspective as a spokesperson, 358 00:20:18,400 --> 00:20:21,320 Speaker 1: uh in government for the State's Department, when the world 359 00:20:21,400 --> 00:20:23,840 Speaker 1: changed because of the coronavirus walk us through. How you 360 00:20:23,880 --> 00:20:29,399 Speaker 1: remember that time in March for your job. Well, you know, 361 00:20:29,520 --> 00:20:33,520 Speaker 1: interestingly it happened. It happened really before March. I mean, 362 00:20:33,600 --> 00:20:36,760 Speaker 1: I will never forget we were in I was in 363 00:20:36,800 --> 00:20:39,639 Speaker 1: over fifty countries with Mike Pompeio for two years, so 364 00:20:39,760 --> 00:20:41,720 Speaker 1: it was, you know, some of the most fascinating times 365 00:20:41,720 --> 00:20:44,320 Speaker 1: in my life. But I often forget exactly which country 366 00:20:44,359 --> 00:20:46,399 Speaker 1: were in. But I think we were in one of 367 00:20:46,440 --> 00:20:51,120 Speaker 1: the stands and uh, I remember my deputy and Deputy 368 00:20:51,119 --> 00:20:54,080 Speaker 1: secret Terry Vegan. Uh So, my deputy Kail Brown and 369 00:20:54,119 --> 00:20:58,240 Speaker 1: our deputy secretary Vegan. We're dealing with the first plane 370 00:20:58,240 --> 00:21:00,479 Speaker 1: that was coming back to the United States, and I 371 00:21:00,520 --> 00:21:03,879 Speaker 1: think that this was one of the cruise ships that 372 00:21:03,960 --> 00:21:06,560 Speaker 1: had been evacuated, and we realized that there was people 373 00:21:06,640 --> 00:21:10,480 Speaker 1: on the plane with coronavirus. Uh. And obviously that was 374 00:21:10,520 --> 00:21:12,920 Speaker 1: the first time that we realized anything like that would 375 00:21:12,920 --> 00:21:15,199 Speaker 1: be happening. And I said, you guys, we have to 376 00:21:15,280 --> 00:21:17,760 Speaker 1: tell the media. We have to make sure people are aware. 377 00:21:17,800 --> 00:21:19,679 Speaker 1: We have to you know, we can't surprise anyone. We 378 00:21:19,720 --> 00:21:21,720 Speaker 1: have to let them know this is happening. Now. There 379 00:21:21,760 --> 00:21:24,560 Speaker 1: was already cases at this point, but very few in 380 00:21:24,600 --> 00:21:27,000 Speaker 1: the United States. But I think it's like two in 381 00:21:27,040 --> 00:21:29,639 Speaker 1: the morning, and I'm overseas with Pompeo and I've probably 382 00:21:29,760 --> 00:21:32,439 Speaker 1: three hours to sleep as it was, and and the 383 00:21:32,560 --> 00:21:35,320 Speaker 1: enormity of it, you know, just started, uh just starting 384 00:21:35,560 --> 00:21:39,240 Speaker 1: hitting me, especially as we as all of our travel 385 00:21:39,280 --> 00:21:41,040 Speaker 1: and Kevin, You've been on trips of us as that 386 00:21:41,119 --> 00:21:43,960 Speaker 1: started grinding to a hall. I also happened to be 387 00:21:43,960 --> 00:21:47,159 Speaker 1: pregnant for the entire pic. I was. I was finding 388 00:21:47,160 --> 00:21:48,919 Speaker 1: out that I was pregnant around the time when the 389 00:21:48,920 --> 00:21:52,000 Speaker 1: world was locking down, So it was I gotta say, 390 00:21:52,359 --> 00:21:54,359 Speaker 1: my my child is either going to change the world 391 00:21:54,440 --> 00:21:56,600 Speaker 1: or be a dictator. I'm not sure which one. Okay, 392 00:21:56,760 --> 00:21:59,640 Speaker 1: Tina is not going to be a dictator with her parents, 393 00:22:00,640 --> 00:22:04,760 Speaker 1: how is she? She's amazing. She's taking a nap right now. 394 00:22:04,840 --> 00:22:07,200 Speaker 1: So like like all the parents who are working from 395 00:22:07,200 --> 00:22:09,800 Speaker 1: home can understand, I'm hiding in the room and that 396 00:22:09,920 --> 00:22:13,359 Speaker 1: she continues to take her nap. So Morgan was doing 397 00:22:13,359 --> 00:22:16,800 Speaker 1: an interview on this program actually several months ago, and 398 00:22:17,040 --> 00:22:19,560 Speaker 1: this is the only dog we've ever had on Bloomberg 399 00:22:19,600 --> 00:22:24,520 Speaker 1: sound on. Ozzie started barking during the interview. But go ahead, Gina. 400 00:22:24,520 --> 00:22:27,040 Speaker 1: I know you have a question, Morgan. It's great to 401 00:22:27,080 --> 00:22:29,479 Speaker 1: talk to you. And before we get to foreign policy, 402 00:22:29,600 --> 00:22:32,280 Speaker 1: like Kevin, I had a question, Um, And I hope 403 00:22:32,320 --> 00:22:36,240 Speaker 1: I understand this correctly, given that it is Women's History Month. 404 00:22:36,680 --> 00:22:40,000 Speaker 1: I was just so excited to hear if I got 405 00:22:40,040 --> 00:22:44,240 Speaker 1: this right, that Ruth Bader Ginsburg married you and your husband. 406 00:22:44,800 --> 00:22:47,440 Speaker 1: If that is true, and I understand that is right, 407 00:22:47,880 --> 00:22:50,919 Speaker 1: I would just love to hear any reminiscence you have 408 00:22:51,200 --> 00:22:54,520 Speaker 1: about her, um, and sort of her impact on this 409 00:22:55,040 --> 00:23:00,560 Speaker 1: Women's History Month. In Women's History Month, absolutely, Um, that's 410 00:23:00,680 --> 00:23:03,520 Speaker 1: I mean, he could never obviously, ever replace the memory 411 00:23:03,560 --> 00:23:06,159 Speaker 1: like that. So Um. She was a neighbor of ours 412 00:23:06,240 --> 00:23:08,200 Speaker 1: for a long time, and my husband knew her a 413 00:23:08,240 --> 00:23:10,359 Speaker 1: little bit better than than I did because he had 414 00:23:10,359 --> 00:23:12,119 Speaker 1: been on the board of the building and he, you know, 415 00:23:12,119 --> 00:23:14,000 Speaker 1: will go to all the building social events and I 416 00:23:14,440 --> 00:23:17,399 Speaker 1: never did any of that. Um. And so I said 417 00:23:17,480 --> 00:23:19,879 Speaker 1: to him one day when we were engaged, wouldn't it 418 00:23:19,880 --> 00:23:22,840 Speaker 1: be cool if Ruth Bader again for buried us? And 419 00:23:22,920 --> 00:23:26,000 Speaker 1: he said, you know, she's never gonna say yes, she's RVG, 420 00:23:26,200 --> 00:23:28,480 Speaker 1: and she probably only does it for people who have 421 00:23:28,560 --> 00:23:31,040 Speaker 1: clerked for her this or that. And I said, well, 422 00:23:31,080 --> 00:23:35,239 Speaker 1: you never know until you ask. So I find our right. 423 00:23:36,280 --> 00:23:38,840 Speaker 1: You know where your neighboring Jamary asked, basically, it's a 424 00:23:38,840 --> 00:23:42,320 Speaker 1: little bit more. And I could, and I went downstairs 425 00:23:42,359 --> 00:23:44,560 Speaker 1: and put it in her box, and I really didn't 426 00:23:44,560 --> 00:23:46,760 Speaker 1: think anything of it. Got busy, you know, I think 427 00:23:46,800 --> 00:23:48,200 Speaker 1: I was in my m b A at the time, 428 00:23:48,560 --> 00:23:50,320 Speaker 1: so I got busy forgot about it. And then the 429 00:23:50,359 --> 00:23:53,280 Speaker 1: next thing I know, I see um Aficial and Supreme 430 00:23:53,280 --> 00:23:56,280 Speaker 1: Court stationary and my and my thing. Now, anybody who's 431 00:23:56,280 --> 00:23:58,880 Speaker 1: worked in government knows that if you write a personal 432 00:23:58,920 --> 00:24:02,120 Speaker 1: note and typically you get something back an official document. 433 00:24:02,240 --> 00:24:04,239 Speaker 1: I was like, oh, this is my rejection letter, this 434 00:24:04,280 --> 00:24:06,159 Speaker 1: is my thank you very much for asking have a 435 00:24:06,280 --> 00:24:08,800 Speaker 1: nice And I literally when I saw that it wasn't 436 00:24:08,800 --> 00:24:11,440 Speaker 1: on her personal stationary and that it was an official stationary, 437 00:24:11,440 --> 00:24:13,720 Speaker 1: I thought, oh God, she's rejecting us. But to my 438 00:24:13,800 --> 00:24:16,200 Speaker 1: surprise and delight. I opened it up and she said 439 00:24:16,240 --> 00:24:17,840 Speaker 1: she would be happy to marry us, and I just 440 00:24:17,920 --> 00:24:22,000 Speaker 1: I couldn't believe it. So we did our our civil 441 00:24:22,040 --> 00:24:25,840 Speaker 1: ceremony in her chambers at the Supreme Court. And um, 442 00:24:25,920 --> 00:24:30,119 Speaker 1: what's amazing is my grandmother. It's her age and you know, 443 00:24:30,240 --> 00:24:33,160 Speaker 1: introducing the two of them, probably my favorite picture from 444 00:24:33,160 --> 00:24:35,080 Speaker 1: my wedding maybe the two of them meeting for the 445 00:24:35,760 --> 00:24:38,840 Speaker 1: just my grandma looking at her and thinking about everything 446 00:24:38,880 --> 00:24:42,480 Speaker 1: that the women of their generation had had been through. Um. 447 00:24:42,560 --> 00:24:44,800 Speaker 1: And so she's a you know, she's just a legend. 448 00:24:44,880 --> 00:24:47,760 Speaker 1: She inspires all of us. And and UM I was. 449 00:24:47,960 --> 00:24:50,879 Speaker 1: I am incredibly blessed and lucky for a lifetime to 450 00:24:50,880 --> 00:24:53,040 Speaker 1: have that moment with her. That's awesome. And coming up next, 451 00:24:53,040 --> 00:24:55,439 Speaker 1: we're gonna ask Morgan about Iran and China and some 452 00:24:55,520 --> 00:24:59,639 Speaker 1: breaking news headlines crossing the Bloomberg terminal. Now, Chuck Schumer 453 00:24:59,680 --> 00:25:02,360 Speaker 1: and here Gillibrand have issued a joint statement calling on 454 00:25:03,080 --> 00:25:08,200 Speaker 1: Governor Cuomo to resign again. Chuck Schumer is now calling 455 00:25:08,280 --> 00:25:12,040 Speaker 1: on Governor Cuomo along with yourson Gillibrand, calling on Governor 456 00:25:12,080 --> 00:25:15,480 Speaker 1: Cuomos who resigned. Schumer, Gillibrand call on Cuomo to resign. 457 00:25:16,400 --> 00:25:21,200 Speaker 1: This is Bloomberg. I'm Kevin Cerilli with Morgan Artagas joining 458 00:25:21,200 --> 00:25:24,520 Speaker 1: the all star policy pen old Bloomberg Politics contributors Rick 459 00:25:24,680 --> 00:25:28,080 Speaker 1: Davis and Genie shan Zano breaking news headline crossing the 460 00:25:28,080 --> 00:25:32,760 Speaker 1: Bloomberg terminal. Just within the last several minutes, Senators Chuck 461 00:25:32,800 --> 00:25:36,439 Speaker 1: Schumer and Kirson Jillibrand have called on Governor Andrew Cuomo 462 00:25:36,560 --> 00:25:39,879 Speaker 1: to resign. According to the statement, quote, it is clear 463 00:25:39,960 --> 00:25:43,720 Speaker 1: that Governor Cuomo has lost the confidence of his governing 464 00:25:43,760 --> 00:25:47,800 Speaker 1: partners and the people of New York. Governor Cuomo should 465 00:25:48,560 --> 00:25:52,320 Speaker 1: resign end quote. Multiple developing stories that we are following 466 00:25:52,800 --> 00:25:56,320 Speaker 1: today on the geo political front, chief among them China. 467 00:25:56,840 --> 00:25:59,960 Speaker 1: As Jake Sullivan addressed reporters in the Brady Briefing Room 468 00:26:00,080 --> 00:26:04,000 Speaker 1: earlier today ahead of the Biden Administration's first high level 469 00:26:04,040 --> 00:26:07,400 Speaker 1: talks with China next week in Alaska, the President's all 470 00:26:07,680 --> 00:26:11,480 Speaker 1: building support among key allies. White House National Security Advisor 471 00:26:11,920 --> 00:26:15,840 Speaker 1: Jake Sullivan answered questions about Biden's virtual meeting today with 472 00:26:15,880 --> 00:26:19,200 Speaker 1: the leaders of Australia, India, and Japan. Here's the sound 473 00:26:19,320 --> 00:26:22,959 Speaker 1: on sought on China from Jake Sullivan here it is 474 00:26:23,480 --> 00:26:27,560 Speaker 1: the four leaders did discuss the challenge posed by China, 475 00:26:27,760 --> 00:26:30,360 Speaker 1: and they made clear that none of them have any 476 00:26:30,400 --> 00:26:35,119 Speaker 1: illusions about China. Morgan, is there in terms of the 477 00:26:35,119 --> 00:26:37,600 Speaker 1: geopolitics of the United States and China? There's clearly a 478 00:26:37,600 --> 00:26:41,280 Speaker 1: difference in the rhetorical approaches between the two administrations. But 479 00:26:41,480 --> 00:26:45,000 Speaker 1: is there still policy that unites and and in the 480 00:26:45,080 --> 00:26:49,639 Speaker 1: sense of a strategy with Australia with Japan uh in 481 00:26:49,760 --> 00:26:55,240 Speaker 1: order to counter China. Do you notice similarities? Yeah? I do. Actually, 482 00:26:55,280 --> 00:26:58,199 Speaker 1: I mean, listen, I think that the United States approach 483 00:26:58,280 --> 00:27:01,800 Speaker 1: to China should be a partisan approach, and and that 484 00:27:01,960 --> 00:27:04,719 Speaker 1: was one of the things that was actually comforting. You know, 485 00:27:04,960 --> 00:27:07,760 Speaker 1: sometimes we were criticized for tone in the Trump administration, 486 00:27:07,840 --> 00:27:10,640 Speaker 1: but but listen, we just were not as a country 487 00:27:10,760 --> 00:27:13,800 Speaker 1: five years ago talking about China the way they were 488 00:27:13,960 --> 00:27:17,440 Speaker 1: until Donald Trump sort of, you know, ripped, ripped everything 489 00:27:17,480 --> 00:27:20,440 Speaker 1: open and exposed them for for who they really are. 490 00:27:20,560 --> 00:27:22,760 Speaker 1: And there was a lot of us UH in in 491 00:27:22,960 --> 00:27:26,040 Speaker 1: Bush and and I've worked in the Bush and Obama administration, 492 00:27:26,119 --> 00:27:28,560 Speaker 1: so I've worked for both sides. We tried to pivot 493 00:27:28,600 --> 00:27:31,720 Speaker 1: to Asia and both administrations um and it just didn't work. 494 00:27:31,800 --> 00:27:35,000 Speaker 1: So I think that the foreign policy consensus, the bipartisan 495 00:27:35,000 --> 00:27:38,879 Speaker 1: consensus at Washington, uh is to know, is to recognize 496 00:27:38,880 --> 00:27:41,639 Speaker 1: who China is and what they're going to actually do 497 00:27:41,720 --> 00:27:46,760 Speaker 1: and nothing incredibly important now, So Morgan, um, just sticking 498 00:27:46,760 --> 00:27:49,000 Speaker 1: with China for a moment. One of the things that 499 00:27:49,000 --> 00:27:51,919 Speaker 1: that I've been watching so closely and we've talked about 500 00:27:51,960 --> 00:27:56,359 Speaker 1: on here, has been China's um sort of uh you know, 501 00:27:56,440 --> 00:28:00,240 Speaker 1: public um decision that it is going to go it 502 00:28:00,280 --> 00:28:03,160 Speaker 1: alone and it is going to you know, make sure 503 00:28:03,359 --> 00:28:06,040 Speaker 1: that it is able to sustain in a world should 504 00:28:06,080 --> 00:28:08,719 Speaker 1: it not have access to American technology by turning its 505 00:28:08,720 --> 00:28:11,840 Speaker 1: supply chain inward. How much of a threat do you 506 00:28:11,880 --> 00:28:15,000 Speaker 1: think this big spending is that they announced just a 507 00:28:15,000 --> 00:28:17,480 Speaker 1: few days ago, um or a week ago, that they're 508 00:28:17,480 --> 00:28:19,879 Speaker 1: going to do is to United States? And how do 509 00:28:19,920 --> 00:28:24,080 Speaker 1: you think we can counter that? Gosh, I feel like 510 00:28:24,119 --> 00:28:26,760 Speaker 1: that's such a great question. There's so much to unfold. 511 00:28:26,760 --> 00:28:28,880 Speaker 1: I can probably check it you off for a lot 512 00:28:28,920 --> 00:28:31,640 Speaker 1: longer than the show is on on this topic alone, UM, 513 00:28:31,880 --> 00:28:33,800 Speaker 1: I would say that you know, when you look at 514 00:28:34,080 --> 00:28:36,520 Speaker 1: what is a threat that we're facing from the Chinese 515 00:28:36,520 --> 00:28:40,080 Speaker 1: Communist Party, Uh, you know, obviously the spending on defense 516 00:28:40,280 --> 00:28:44,520 Speaker 1: um is incredibly worrisome. But I think you could go 517 00:28:44,560 --> 00:28:47,280 Speaker 1: through all these initial layers, but I think the bigger 518 00:28:47,320 --> 00:28:49,120 Speaker 1: pictures when you sort of pull back a look at 519 00:28:49,160 --> 00:28:52,080 Speaker 1: all of it. Uh, it is the pattern of not 520 00:28:52,200 --> 00:28:54,520 Speaker 1: keeping their word into breaking their promises. So what do 521 00:28:54,560 --> 00:28:57,640 Speaker 1: I mean by that? Remember in Hong Kong, for example, 522 00:28:57,920 --> 00:29:00,800 Speaker 1: the Chinese Communist Party not only promised the people of 523 00:29:00,840 --> 00:29:03,080 Speaker 1: Hong Kong, but at the United States they promised to 524 00:29:03,120 --> 00:29:06,120 Speaker 1: the world. Uh, the commitments that Hong Kong would have 525 00:29:06,160 --> 00:29:08,959 Speaker 1: their freedom and autonomy, and that was broken. Oh gosh, 526 00:29:09,000 --> 00:29:12,320 Speaker 1: I think it's at least twenty six years early. Um uh, 527 00:29:12,360 --> 00:29:14,520 Speaker 1: you know, so several decades earlier that it was supposed 528 00:29:14,520 --> 00:29:17,320 Speaker 1: to be the same thing for the South China see 529 00:29:17,360 --> 00:29:19,880 Speaker 1: the same thing for I p fact, that same thing. 530 00:29:24,680 --> 00:29:26,800 Speaker 1: So every time you look at their look at look 531 00:29:26,800 --> 00:29:29,920 Speaker 1: at their promises on climate change, you know, it's it's 532 00:29:29,960 --> 00:29:32,520 Speaker 1: all a lot of bluster. These are commitments that they 533 00:29:32,520 --> 00:29:34,240 Speaker 1: will make to the entire world that they have no 534 00:29:34,320 --> 00:29:36,320 Speaker 1: intention of keeping them. And this is what that you know, 535 00:29:36,360 --> 00:29:38,960 Speaker 1: this is important because B. Lincoln Secretary B. Lincoln is 536 00:29:39,000 --> 00:29:41,560 Speaker 1: meeting with them next week and you know, we often 537 00:29:41,600 --> 00:29:45,280 Speaker 1: hear let's have from the Chinese, let's work together, let's 538 00:29:45,280 --> 00:29:48,840 Speaker 1: have a win win scenario, let's let's have outcomes that 539 00:29:48,840 --> 00:29:52,000 Speaker 1: are mutually beneficial. All of that means all of that, 540 00:29:52,040 --> 00:29:53,840 Speaker 1: and you'll see the readouts. They will use all of 541 00:29:53,880 --> 00:29:56,440 Speaker 1: those phrases next week with Secretary b. Lincoln. All of 542 00:29:56,480 --> 00:29:59,200 Speaker 1: the Only thing that they mean is let's keep status quo, 543 00:29:59,400 --> 00:30:02,560 Speaker 1: don't hold accountable, don't hold our feet to the fire. Uh, 544 00:30:02,640 --> 00:30:05,240 Speaker 1: don't let us continue do anything. So I can almost 545 00:30:05,240 --> 00:30:07,880 Speaker 1: tell you word for word what's the Chinese version of 546 00:30:07,920 --> 00:30:10,200 Speaker 1: the read out will be with Secretary blink In. And 547 00:30:10,200 --> 00:30:12,320 Speaker 1: this is not a criticism of Secretary Blinken. They did 548 00:30:12,360 --> 00:30:15,280 Speaker 1: the same thing to us. It's it's this posturing that 549 00:30:15,320 --> 00:30:18,200 Speaker 1: they do in order to sort of, you know, pat 550 00:30:18,240 --> 00:30:20,440 Speaker 1: everyone on the head and oh, yes, of course we 551 00:30:20,480 --> 00:30:22,800 Speaker 1: want to work in the international community. Of course, we 552 00:30:22,920 --> 00:30:25,440 Speaker 1: want to be a part of these various forums. Um, 553 00:30:25,480 --> 00:30:28,120 Speaker 1: we have no intention of keeping our promises. And quite frankly, 554 00:30:28,800 --> 00:30:31,080 Speaker 1: we make too much money and we're too big of 555 00:30:31,080 --> 00:30:33,040 Speaker 1: a market that you're just going to ignore the facts 556 00:30:33,040 --> 00:30:35,440 Speaker 1: and when we break your promises. That's what they've learned 557 00:30:35,600 --> 00:30:38,440 Speaker 1: for thirty years of dealing with the international community. Vic 558 00:30:38,520 --> 00:30:41,040 Speaker 1: I go back to when now former Secretary of Pompeo. 559 00:30:41,080 --> 00:30:43,280 Speaker 1: I think it was that the Nixon Library on the 560 00:30:43,520 --> 00:30:47,040 Speaker 1: as we're nearing the fiftieth anniversary of former President Nixon 561 00:30:47,120 --> 00:30:50,600 Speaker 1: going UH to Beijing on that what was at the 562 00:30:50,640 --> 00:30:54,840 Speaker 1: time and historic trip UH And and Pompeo said in 563 00:30:54,880 --> 00:30:57,360 Speaker 1: the speech, you know, what have we gotten? You know, 564 00:30:57,560 --> 00:31:00,200 Speaker 1: this was pitched to US as engagement with and it 565 00:31:00,280 --> 00:31:03,040 Speaker 1: was pitched to America as that they would you know, 566 00:31:03,080 --> 00:31:07,360 Speaker 1: adopt some Western principles and democratic lowercase D principles. What 567 00:31:07,440 --> 00:31:09,080 Speaker 1: have we gotten? And I thought that was a really 568 00:31:09,680 --> 00:31:13,040 Speaker 1: impactful probably one of the most impactful of the China 569 00:31:13,080 --> 00:31:15,880 Speaker 1: speeches that Pompeo gave. Rick. Yeah, Kevin, I think you 570 00:31:15,920 --> 00:31:18,320 Speaker 1: summed it up so well. As we have years of 571 00:31:19,080 --> 00:31:21,920 Speaker 1: de tant and and and integration, and you know, Bill 572 00:31:21,960 --> 00:31:24,800 Speaker 1: Clinton even called it a strategic partner, but what have 573 00:31:24,840 --> 00:31:27,480 Speaker 1: we gotten out of that? And I'm curious. Uh, We're 574 00:31:27,480 --> 00:31:29,400 Speaker 1: gonna first of all, great to talk to you again. 575 00:31:29,400 --> 00:31:32,960 Speaker 1: It's been a long time. And and and so you 576 00:31:33,160 --> 00:31:37,000 Speaker 1: don't call me sir, please, I feel so old. Um 577 00:31:37,520 --> 00:31:40,360 Speaker 1: but um, all this so so this is all obvious. Right, 578 00:31:40,400 --> 00:31:42,560 Speaker 1: We've just been talking about how the whole world should 579 00:31:42,600 --> 00:31:47,880 Speaker 1: see the obvious nature of the Chinese doctrinaire. But the 580 00:31:47,920 --> 00:31:51,440 Speaker 1: Trump administration and seemingly following up with the Biden administration, 581 00:31:52,120 --> 00:31:56,360 Speaker 1: really tried to stop the influence of the Chinese state 582 00:31:56,480 --> 00:32:01,320 Speaker 1: organizations like Huawei from integrating their five G throughout Europe 583 00:32:01,400 --> 00:32:05,040 Speaker 1: and the Indo Pacific. And yet I look today and 584 00:32:05,040 --> 00:32:07,680 Speaker 1: and and I don't know you were in the inside 585 00:32:07,720 --> 00:32:10,280 Speaker 1: of that campaign to try and commence our allies not 586 00:32:10,400 --> 00:32:14,960 Speaker 1: to take Chinese technology. Where are we failing Because most 587 00:32:15,000 --> 00:32:16,840 Speaker 1: of the people on the call today for the Quad 588 00:32:16,880 --> 00:32:20,880 Speaker 1: meeting Japan, India, Australia, I mean, they've got Yahwei in 589 00:32:20,920 --> 00:32:25,040 Speaker 1: their country. Well, you know, so we actually did make 590 00:32:25,120 --> 00:32:27,080 Speaker 1: quite a bit of progress there, um, and it took 591 00:32:27,120 --> 00:32:28,720 Speaker 1: a long time. Maybe this was about a year and 592 00:32:28,720 --> 00:32:30,920 Speaker 1: a half campaign. And I hope that it's something that 593 00:32:30,920 --> 00:32:33,600 Speaker 1: that blink in and the and the Biden administration will 594 00:32:33,640 --> 00:32:36,200 Speaker 1: be able to take forward. We were actually able to 595 00:32:36,200 --> 00:32:40,120 Speaker 1: convince major European allies uh not not to have Lahwei 596 00:32:40,200 --> 00:32:42,640 Speaker 1: in their systems. And it's important to the countries that 597 00:32:42,680 --> 00:32:46,760 Speaker 1: we targeted first, like the United Kingdom, for example, uh 598 00:32:47,200 --> 00:32:49,760 Speaker 1: and the we're the countries that are involved with us 599 00:32:49,760 --> 00:32:51,840 Speaker 1: and what we call five eyes, which is um as 600 00:32:51,920 --> 00:32:53,840 Speaker 1: you know, very well risk. But the audience may not 601 00:32:53,920 --> 00:32:56,720 Speaker 1: know which are the countries that we share our most 602 00:32:56,920 --> 00:32:59,840 Speaker 1: sensitive intelligence with and and we went to these countries, 603 00:32:59,840 --> 00:33:01,520 Speaker 1: and I said, and I would say for the two 604 00:33:01,600 --> 00:33:04,040 Speaker 1: years that I traveled the world with Mike Panteo, I 605 00:33:04,080 --> 00:33:05,960 Speaker 1: can't think. And I was in almost every single meeting 606 00:33:06,000 --> 00:33:07,720 Speaker 1: with him. I can't think of the time whenever he 607 00:33:07,760 --> 00:33:10,200 Speaker 1: didn't bring this up, where he didn't talk about the threat. 608 00:33:10,520 --> 00:33:12,520 Speaker 1: And I can tell you from the very beginning of 609 00:33:12,600 --> 00:33:15,240 Speaker 1: that campaign, we got a lot of you know, head 610 00:33:15,280 --> 00:33:18,239 Speaker 1: Mad's people were interested, but they probably had, you know, 611 00:33:18,440 --> 00:33:21,120 Speaker 1: no real intention of actually getting while way out of 612 00:33:21,160 --> 00:33:23,240 Speaker 1: their systems. And by the end of the two years, 613 00:33:23,240 --> 00:33:25,280 Speaker 1: and this stuff takes time, we did start to see. 614 00:33:25,840 --> 00:33:27,680 Speaker 1: I gotta look at the numbers, but I think we 615 00:33:27,800 --> 00:33:31,880 Speaker 1: had over twenty countries and and does and a dozen 616 00:33:31,920 --> 00:33:34,400 Speaker 1: telecoms at least off to pull Kevin and make sure 617 00:33:34,400 --> 00:33:36,240 Speaker 1: I have that right number for your audience. But we 618 00:33:36,320 --> 00:33:39,800 Speaker 1: had something called the Clean Campaign, which was to get 619 00:33:39,800 --> 00:33:42,000 Speaker 1: countries and to get telecoms to agree not to have 620 00:33:42,080 --> 00:33:44,920 Speaker 1: lawei in their system, and we probably maybe it's my 621 00:33:44,960 --> 00:33:47,760 Speaker 1: fault that I didn't do enough to actually trumpet how 622 00:33:47,840 --> 00:33:50,720 Speaker 1: much success that we had there. Keith Crack was on 623 00:33:50,760 --> 00:33:55,040 Speaker 1: the show every other week. Go ahead, Mortgage, I I 624 00:33:55,320 --> 00:33:57,080 Speaker 1: I was thinking, I've got a fact check with Keith 625 00:33:57,160 --> 00:33:59,840 Speaker 1: in how many countries that we had ended up. But 626 00:34:00,000 --> 00:34:02,320 Speaker 1: remember that we went to these countries and we said, listen, 627 00:34:02,360 --> 00:34:06,480 Speaker 1: you're you're engineers, you're intelligence professionals, are sophisticated. You can 628 00:34:06,520 --> 00:34:08,840 Speaker 1: come to the same conclusion we did. This is not 629 00:34:08,960 --> 00:34:12,240 Speaker 1: about the United States having a five G competitor to China. 630 00:34:12,320 --> 00:34:16,400 Speaker 1: In fact, we don't write the US competitor yes or no? 631 00:34:16,800 --> 00:34:22,680 Speaker 1: Should the Beijing? Should the Beijing? Should Beijing keep the Games? No, 632 00:34:22,680 --> 00:34:27,560 Speaker 1: no way, it's a genocide. It's not. Yeah, well, you know, 633 00:34:27,600 --> 00:34:29,520 Speaker 1: and we've been having lawmakers on I've been asking him 634 00:34:29,520 --> 00:34:31,400 Speaker 1: that question too. I mean, it's it's really fair. I 635 00:34:31,440 --> 00:34:33,120 Speaker 1: think the Games are going to be a really big 636 00:34:33,120 --> 00:34:36,800 Speaker 1: focal point over the next couple of months. Morgan, I know, 637 00:34:36,840 --> 00:34:38,680 Speaker 1: I gotta let you go. Thanks for hanging out with me. 638 00:34:38,920 --> 00:34:41,319 Speaker 1: Appreciate the time, Morgan, or take Morgan, You're gonna write 639 00:34:41,320 --> 00:34:43,520 Speaker 1: a book, a policy book. You're gonna run for office? 640 00:34:43,520 --> 00:34:47,400 Speaker 1: What's next for Morgan Artegas? I will never run for office, 641 00:34:47,520 --> 00:34:49,439 Speaker 1: but but yes, I would love to write a book. 642 00:34:49,440 --> 00:34:51,600 Speaker 1: I need to just you know, Kevin, come over this weekend. 643 00:34:51,680 --> 00:34:54,160 Speaker 1: Help me write the book. You know, yeah, as long 644 00:34:54,200 --> 00:34:57,520 Speaker 1: as okay, you know, talk to you later. It is 645 00:34:57,680 --> 00:35:00,960 Speaker 1: Women's History Month this month, and here a Bloomberg, we 646 00:35:01,040 --> 00:35:06,960 Speaker 1: are acknowledging uh females who have made contribution to society. 647 00:35:06,960 --> 00:35:10,120 Speaker 1: In here with today's installment is Bloomberg's needing young. On 648 00:35:10,200 --> 00:35:13,800 Speaker 1: this day in Women's history. In nineteen twelve, Juliette Gordon 649 00:35:13,880 --> 00:35:16,720 Speaker 1: Lowe leads the first Girl Scouts meeting when a group 650 00:35:16,719 --> 00:35:20,800 Speaker 1: of eighteen girls gathered in the Savannah, Georgia area. Gordon 651 00:35:20,920 --> 00:35:24,040 Speaker 1: Lowe developed the idea after she met Robert Baden Powell. 652 00:35:24,360 --> 00:35:27,160 Speaker 1: He wrote Scouting for Boys, the inspiration for the Boy 653 00:35:27,200 --> 00:35:31,840 Speaker 1: Scouts organization. Gordon Lowe's organization had a ripple effect across 654 00:35:31,880 --> 00:35:35,320 Speaker 1: the country during a time in US history when women 655 00:35:35,360 --> 00:35:38,480 Speaker 1: were still not seen as equal to men. She created 656 00:35:38,480 --> 00:35:41,680 Speaker 1: a space for girls to be active and curious when 657 00:35:41,719 --> 00:35:45,239 Speaker 1: others would not allow it. Girl Scouts would earn badgets, 658 00:35:45,280 --> 00:35:49,279 Speaker 1: go on trips, explore science to community service projects, and 659 00:35:49,320 --> 00:35:53,919 Speaker 1: of course sell cookies. Almost a hundred years later, that's 660 00:35:53,960 --> 00:35:57,400 Speaker 1: today in women's history. I'm Reeed, a young Bloomberg radio 661 00:35:58,600 --> 00:36:03,080 Speaker 1: and just to again hit this headlined UH government Senators 662 00:36:03,440 --> 00:36:05,960 Speaker 1: Chuck Schumer and Cirston Gilibrand have called on Governor Cuomo 663 00:36:06,040 --> 00:36:09,880 Speaker 1: to resign. Again. Chuck Schumer and Cirston Gillibrand tell Governor 664 00:36:09,920 --> 00:36:13,800 Speaker 1: Cuomo to resign. I'm Kevin CURRELLI this is Bloomberg