1 00:00:00,480 --> 00:00:05,680 Speaker 1: You're listening to Bloomberg Law with June Grasso from Bloomberg Radio. 2 00:00:05,960 --> 00:00:08,760 Speaker 1: For the first time in almost three years, close to 3 00:00:08,840 --> 00:00:12,680 Speaker 1: seven hundred thousand young immigrants can dream again without the 4 00:00:12,720 --> 00:00:16,680 Speaker 1: fear of being deported. In a closely divided decision, the 5 00:00:16,720 --> 00:00:20,600 Speaker 1: Supreme Court blocked the Trump administration from ending the Obama 6 00:00:20,640 --> 00:00:25,320 Speaker 1: era program that shields the young undocumented Dreamers from deportation 7 00:00:25,800 --> 00:00:29,840 Speaker 1: and lets them get jobs. Chief Justice John Roberts joined 8 00:00:29,840 --> 00:00:33,600 Speaker 1: the Courts for Liberals to rule that the administration's recision 9 00:00:33,640 --> 00:00:38,720 Speaker 1: of Dhaka was arbitrary and capricious. Immigrant advocates like Natalie 10 00:00:38,840 --> 00:00:42,080 Speaker 1: ray As, the president of the Latino Victory Project, were 11 00:00:42,120 --> 00:00:46,199 Speaker 1: elated with the decision. I'm overly joyed because of this 12 00:00:46,280 --> 00:00:48,920 Speaker 1: is the right thing to do. UM, this is what 13 00:00:49,000 --> 00:00:53,080 Speaker 1: America has been built on the immigrant community, and UM, 14 00:00:53,080 --> 00:00:56,680 Speaker 1: it's just so wonderful to have UM the Supreme Court 15 00:00:56,960 --> 00:01:00,520 Speaker 1: ruling on our in our favor. And California Orney General 16 00:01:00,600 --> 00:01:04,160 Speaker 1: Javier Bassara said the Supreme Court was sending a message 17 00:01:04,200 --> 00:01:08,120 Speaker 1: to the Trump administration. We've had so many victories against 18 00:01:08,160 --> 00:01:11,839 Speaker 1: this administration in court. They just refused to follow the rules. 19 00:01:12,040 --> 00:01:14,920 Speaker 1: They seem to be very impatient and they don't believe 20 00:01:14,959 --> 00:01:18,000 Speaker 1: the rules apply to them. But that's apparently not the 21 00:01:18,040 --> 00:01:21,840 Speaker 1: message President Trump got. He tweeted that the Court's rulings 22 00:01:21,880 --> 00:01:26,480 Speaker 1: are quote horrible and politically charged. Joining me is Leon Fresco, 23 00:01:26,560 --> 00:01:29,000 Speaker 1: a partner at Holland and Knight who was formerly the 24 00:01:29,000 --> 00:01:32,839 Speaker 1: head of the Justice Department's Office of Immigration Litigation. Did 25 00:01:32,880 --> 00:01:37,920 Speaker 1: this decision from the Supreme Court come as a surprise, Well, 26 00:01:38,400 --> 00:01:42,120 Speaker 1: it depends if you base it on what happened at 27 00:01:42,160 --> 00:01:45,480 Speaker 1: the oral argument, versays looking at the history of what 28 00:01:45,600 --> 00:01:48,840 Speaker 1: Justice Roberts has done on immigration. If you base it 29 00:01:48,960 --> 00:01:51,320 Speaker 1: on what happened at the oral argument, you would certainly 30 00:01:51,360 --> 00:01:54,560 Speaker 1: think it was a surprise, as Justice Robert didn't tip 31 00:01:54,640 --> 00:01:57,480 Speaker 1: his hands to make people think he would rule in 32 00:01:57,560 --> 00:02:00,880 Speaker 1: favor of preserving data. But if you look at it 33 00:02:01,000 --> 00:02:05,760 Speaker 1: from where Justice Roberts had already come to in these decisions, 34 00:02:05,800 --> 00:02:08,280 Speaker 1: you can look at the fact that in twelve, in 35 00:02:08,320 --> 00:02:11,280 Speaker 1: the Arizona versus United States case, which talked about the 36 00:02:11,320 --> 00:02:15,120 Speaker 1: Arizona Lague, Justice Scalia for whatever reason, had raised the 37 00:02:15,160 --> 00:02:17,840 Speaker 1: issue of whether DOCCA was legal or not, and so 38 00:02:17,919 --> 00:02:21,160 Speaker 1: there was already an opinion, which Justice Kennedy wrote in 39 00:02:21,160 --> 00:02:26,160 Speaker 1: that case, which Justice Roberts signed onto, which said that 40 00:02:26,200 --> 00:02:29,840 Speaker 1: the President didn't do anything illegally in putting DOCCA in 41 00:02:29,840 --> 00:02:34,080 Speaker 1: in the first place, and so Justice Roberts couldn't sign 42 00:02:34,160 --> 00:02:37,280 Speaker 1: onto the opinion that was written by Justice Thomas that 43 00:02:37,520 --> 00:02:41,840 Speaker 1: DOCCA was illegal. But he also wanted to not say 44 00:02:41,880 --> 00:02:45,960 Speaker 1: that it was unreviewable, like Justice Alito said, because he 45 00:02:46,040 --> 00:02:49,080 Speaker 1: wanted to preserve the ability of the courts to strike 46 00:02:49,480 --> 00:02:52,680 Speaker 1: a potential new program that a President Biden would do 47 00:02:52,800 --> 00:02:57,079 Speaker 1: that might legalize all eleven million people. So he settled 48 00:02:57,160 --> 00:03:01,560 Speaker 1: on the simplest possible solution. We just to say that 49 00:03:01,639 --> 00:03:06,799 Speaker 1: the reasoning given by the administration was insufficient. So basically, 50 00:03:06,880 --> 00:03:09,560 Speaker 1: did the chiefs say, this is not about whether the 51 00:03:09,560 --> 00:03:13,840 Speaker 1: Trump administration could terminate DOCTA. Everyone agrees that they could, 52 00:03:14,240 --> 00:03:18,720 Speaker 1: but it's about how they went about terminating DOCTA. Correct. 53 00:03:18,880 --> 00:03:22,520 Speaker 1: What happened was all of the nine justices stipulated to 54 00:03:22,560 --> 00:03:26,400 Speaker 1: the fact that the program could be rescinded, because even 55 00:03:26,440 --> 00:03:30,560 Speaker 1: the DOCUMENTO from says that DOCTA programs could be resented, 56 00:03:30,840 --> 00:03:34,600 Speaker 1: and so everybody agreed on that issue. The issue was 57 00:03:34,840 --> 00:03:37,680 Speaker 1: the manner in which it was to be resented, and 58 00:03:37,760 --> 00:03:40,960 Speaker 1: the justification given, and so the justification that had been 59 00:03:41,000 --> 00:03:44,640 Speaker 1: given was that the doctor program is illegal, and Justice 60 00:03:44,720 --> 00:03:48,040 Speaker 1: Robert did not want to opine in his decision as 61 00:03:48,040 --> 00:03:51,160 Speaker 1: to whether that justification was true or not, so he 62 00:03:51,200 --> 00:03:54,720 Speaker 1: did not. He skipped that issue, and he instead said 63 00:03:55,360 --> 00:03:58,680 Speaker 1: that in the end, that was insufficient to just address 64 00:03:58,760 --> 00:04:04,000 Speaker 1: the illegality legality of DOCCA, because that would say nothing 65 00:04:04,160 --> 00:04:08,320 Speaker 1: as to what would be the fate of the status 66 00:04:08,360 --> 00:04:10,520 Speaker 1: of the people here, would they be able to keep 67 00:04:10,520 --> 00:04:14,280 Speaker 1: it for how long had they sufficiently relied on the 68 00:04:14,320 --> 00:04:17,640 Speaker 1: program in order to remain in the United States, And 69 00:04:17,760 --> 00:04:20,320 Speaker 1: that because none of that was addressed, all of that 70 00:04:20,360 --> 00:04:24,120 Speaker 1: needed to be addressed in a subsequent DOCCA recission memo. 71 00:04:24,480 --> 00:04:28,240 Speaker 1: So does he want the administration to think about the 72 00:04:28,279 --> 00:04:31,839 Speaker 1: hardships to the doctor recipients? Is that part of it? 73 00:04:32,279 --> 00:04:35,359 Speaker 1: That was certainly indicated as part of the decision that 74 00:04:35,480 --> 00:04:39,839 Speaker 1: he would want a more robust analysis as to what 75 00:04:40,000 --> 00:04:42,800 Speaker 1: would be the impact of resending the program and how 76 00:04:42,839 --> 00:04:46,800 Speaker 1: that impact would be managed. In Justice Clarence Thomas's dissent, 77 00:04:47,320 --> 00:04:50,359 Speaker 1: he said that the majority opinion was an effort to 78 00:04:50,440 --> 00:04:56,000 Speaker 1: avoid a politically controversial but legally correct decision. Explain where 79 00:04:56,120 --> 00:05:01,160 Speaker 1: the dissenters were coming from where Justice Thomas, Justice Gorsas, 80 00:05:01,240 --> 00:05:05,480 Speaker 1: and Justice a Lego group of three came down and 81 00:05:05,560 --> 00:05:07,479 Speaker 1: this was sort of I always do. There'd be three. 82 00:05:07,520 --> 00:05:09,359 Speaker 1: I didn't know which three there would be, but I 83 00:05:09,400 --> 00:05:12,120 Speaker 1: had a suspicion there would be three justices who would 84 00:05:12,160 --> 00:05:16,719 Speaker 1: say DOCCA is an illegal program, period. And once the 85 00:05:16,800 --> 00:05:20,080 Speaker 1: program is illegal, there's nothing more to review by anybody 86 00:05:20,320 --> 00:05:23,080 Speaker 1: because the administration doesn't have to do anything. If a 87 00:05:23,160 --> 00:05:26,919 Speaker 1: program is illegal, the program is illegal. Hence it goes away. 88 00:05:27,400 --> 00:05:31,320 Speaker 1: And what Justice Thomas is criticizing Justice Roberts for doing 89 00:05:31,720 --> 00:05:36,160 Speaker 1: is because Justice Roberts doesn't decide the question of legality 90 00:05:36,680 --> 00:05:40,800 Speaker 1: versus illegality. He thinks, to Justice Roberts, what difference does 91 00:05:40,839 --> 00:05:44,240 Speaker 1: it make how the program was ended? Is it's illegal? 92 00:05:45,000 --> 00:05:49,400 Speaker 1: And Justice Roberts did not address that question because he said, 93 00:05:49,880 --> 00:05:53,360 Speaker 1: even if the program is illegal, it has to go 94 00:05:53,520 --> 00:05:57,080 Speaker 1: through certain analysis about how that program is to be 95 00:05:57,120 --> 00:06:01,920 Speaker 1: wound down. And that analysis didn't occur here. And that's 96 00:06:01,960 --> 00:06:05,960 Speaker 1: where the fundamental disagreement is between the Republican justice is 97 00:06:06,680 --> 00:06:09,080 Speaker 1: if it's illegal, is that it or is there more 98 00:06:09,360 --> 00:06:12,480 Speaker 1: huge even if the program is illegal? So a lot 99 00:06:12,480 --> 00:06:17,120 Speaker 1: of people watch. Justice Sony so to Mayor. In immigration cases, 100 00:06:17,880 --> 00:06:23,440 Speaker 1: she joined most of the majority opinion right. She agreed 101 00:06:23,520 --> 00:06:27,880 Speaker 1: with the principle that the justification given was insufficient, but she, 102 00:06:28,120 --> 00:06:32,400 Speaker 1: unlike Justice Roberts, did not want to dismiss the other 103 00:06:32,560 --> 00:06:35,440 Speaker 1: claim that was made in that case, which was that 104 00:06:35,560 --> 00:06:39,839 Speaker 1: the data recision was also unlawful because it was motivated 105 00:06:39,880 --> 00:06:43,560 Speaker 1: by its discriminatory animate. She said that there was plenty 106 00:06:43,560 --> 00:06:48,120 Speaker 1: of record evidence to allow that claim to continue. So 107 00:06:48,400 --> 00:06:53,200 Speaker 1: President Obama created the program by executive order. We've seen 108 00:06:53,240 --> 00:06:56,320 Speaker 1: President Trump do a lot of things by executive order. 109 00:06:57,080 --> 00:07:01,520 Speaker 1: Why do they contend it's illegal? Well, so the issue 110 00:07:01,640 --> 00:07:04,000 Speaker 1: is this A lot of the things that the President 111 00:07:04,000 --> 00:07:07,279 Speaker 1: Trump has been doing with regard to executive orders have 112 00:07:07,440 --> 00:07:10,840 Speaker 1: all been involving the use of the statutory authority of 113 00:07:10,960 --> 00:07:14,240 Speaker 1: the travel band that deal with different banning different people 114 00:07:14,280 --> 00:07:18,000 Speaker 1: who are outside the United States. This docta issue pertains 115 00:07:18,040 --> 00:07:21,000 Speaker 1: to people who are already here. And so what the 116 00:07:21,080 --> 00:07:24,080 Speaker 1: Supreme Court said today is, if you are going to 117 00:07:24,200 --> 00:07:28,559 Speaker 1: respind something that affects real people who are already here, 118 00:07:29,080 --> 00:07:32,960 Speaker 1: you have to provide an analysis under the Administrative Procedure 119 00:07:33,000 --> 00:07:37,080 Speaker 1: Act that's not arbitrary. And capricious, And he said that 120 00:07:37,080 --> 00:07:41,360 Speaker 1: that analysis was arbitrary and capricious because it did not 121 00:07:41,640 --> 00:07:47,360 Speaker 1: adequately explain what were the reasons for rescinding it, other 122 00:07:47,400 --> 00:07:50,520 Speaker 1: than saying it was illegal, which was a reason that 123 00:07:50,560 --> 00:07:53,400 Speaker 1: he just said was insufficient. Just saying it was illegal 124 00:07:53,880 --> 00:07:57,480 Speaker 1: was insufficient. You had to discuss the reliance interests of 125 00:07:57,600 --> 00:07:59,440 Speaker 1: the people who had signed up and who had been 126 00:07:59,480 --> 00:08:02,120 Speaker 1: in this pro rom for many years. And even if 127 00:08:02,160 --> 00:08:05,200 Speaker 1: it was illegal, what would you do in the future 128 00:08:05,320 --> 00:08:08,880 Speaker 1: to sort of manage the expectations of these people in 129 00:08:08,960 --> 00:08:12,000 Speaker 1: the middle of their processes? Would would the government actually 130 00:08:12,040 --> 00:08:14,720 Speaker 1: start taking people off? What would they do? And he 131 00:08:14,800 --> 00:08:18,960 Speaker 1: also drew a distinction, which was an important distinction between 132 00:08:19,040 --> 00:08:22,000 Speaker 1: the two aspects of data, because there are two aspects. 133 00:08:22,440 --> 00:08:26,160 Speaker 1: One is the aspect that shields your deportation, and the 134 00:08:26,200 --> 00:08:29,240 Speaker 1: second is the aspect that allows you to work here. 135 00:08:30,000 --> 00:08:33,880 Speaker 1: And he said that the justification that was given only 136 00:08:33,920 --> 00:08:36,720 Speaker 1: really addressed the fact that allowing people to work here 137 00:08:36,720 --> 00:08:40,640 Speaker 1: while they were here without status was illegal, but it 138 00:08:40,720 --> 00:08:44,600 Speaker 1: didn't justify couldn't the government at least still shield people 139 00:08:44,679 --> 00:08:48,679 Speaker 1: from deportation and even if they couldn't work here, And 140 00:08:48,760 --> 00:08:53,840 Speaker 1: without going into that bifurcated analysis. It was insufficient. So 141 00:08:54,120 --> 00:08:58,920 Speaker 1: the Conservatives think that President Obama did not have the 142 00:08:59,000 --> 00:09:03,120 Speaker 1: power to create eight data correct the three conservative justices 143 00:09:03,640 --> 00:09:07,560 Speaker 1: now Justice Kavadat interestingly did not reach that determination. He 144 00:09:07,760 --> 00:09:10,720 Speaker 1: just said that there was a memo nine months later 145 00:09:10,880 --> 00:09:14,680 Speaker 1: after the initial doctor recision, memo that Kirsten Nielsen then 146 00:09:14,800 --> 00:09:18,200 Speaker 1: wrote as Secretary of Homeland Security that contained all of this, 147 00:09:18,840 --> 00:09:21,200 Speaker 1: and that that memo should have been allowed to serve 148 00:09:21,240 --> 00:09:25,440 Speaker 1: as a justification. And Justice Roberts didn't address the merits 149 00:09:25,440 --> 00:09:27,920 Speaker 1: of the Nielsen memos. He didn't tip his hand to 150 00:09:27,960 --> 00:09:30,280 Speaker 1: say whether that was going to be sufficient or not. 151 00:09:30,600 --> 00:09:33,679 Speaker 1: He simply said it couldn't be relied upon because the 152 00:09:33,760 --> 00:09:36,840 Speaker 1: litigation had already started and that memo hadn't been issued 153 00:09:37,280 --> 00:09:40,559 Speaker 1: until after the litigation was started. Are the Dreamers able 154 00:09:40,600 --> 00:09:43,679 Speaker 1: to breathe a sigh of relief now? Are they safe? Well? 155 00:09:43,840 --> 00:09:47,040 Speaker 1: Nothing is permanent for the Dreamers for multiple reasons. Day 156 00:09:47,120 --> 00:09:50,200 Speaker 1: the program was not permanently. The Court said nothing today 157 00:09:50,200 --> 00:09:53,760 Speaker 1: that made it permanent. But what they can probably take 158 00:09:53,960 --> 00:09:57,000 Speaker 1: solace on is that for some period of time, if 159 00:09:57,040 --> 00:09:59,920 Speaker 1: your doctor status is set to expire, you should immediate 160 00:10:00,040 --> 00:10:03,400 Speaker 1: He gets a renewal application in there to try to 161 00:10:03,440 --> 00:10:06,199 Speaker 1: at least get two more years in your particular case, 162 00:10:06,400 --> 00:10:08,800 Speaker 1: if you're a DACKA holder. And so there's gonna be 163 00:10:08,840 --> 00:10:11,040 Speaker 1: some number of data holders who will be able to 164 00:10:11,080 --> 00:10:14,120 Speaker 1: renew their status now that weren't going to be able 165 00:10:14,160 --> 00:10:17,880 Speaker 1: to renew their status even if it gets rescinded, and 166 00:10:18,200 --> 00:10:21,679 Speaker 1: moving forward in the future, it's going to be an 167 00:10:21,720 --> 00:10:24,520 Speaker 1: interesting and open question as to whether the President will 168 00:10:24,559 --> 00:10:28,600 Speaker 1: feel like there's any advantage to trying again to rEFInd DACCA. 169 00:10:29,200 --> 00:10:33,000 Speaker 1: But as a practical matter, if your concern is, well, 170 00:10:33,080 --> 00:10:36,160 Speaker 1: let me get through the election, I would say it's 171 00:10:36,200 --> 00:10:39,920 Speaker 1: a virtual certainty that DOCTA won't be rescinded, either because 172 00:10:39,960 --> 00:10:42,480 Speaker 1: there won't be a memo issue or because there will 173 00:10:42,520 --> 00:10:46,080 Speaker 1: be an injunction issued until after the election. And that's 174 00:10:46,080 --> 00:10:49,520 Speaker 1: what Justice Alito basically that too, is that you know, 175 00:10:49,600 --> 00:10:51,480 Speaker 1: Trump is not going to be allowed to do something 176 00:10:51,520 --> 00:10:53,640 Speaker 1: that he should have been allowed to do the first 177 00:10:53,720 --> 00:10:57,280 Speaker 1: term is gone. So, I mean, even Alito basically completed 178 00:10:57,360 --> 00:11:00,240 Speaker 1: that point, and Leon it would take some time time, 179 00:11:00,240 --> 00:11:03,360 Speaker 1: wouldn't it to get that memo together to answer all 180 00:11:03,400 --> 00:11:06,480 Speaker 1: of Justice Robert's points, right, I mean, we don't know, 181 00:11:06,679 --> 00:11:09,839 Speaker 1: because the issue is, well, maybe the kursten Nielsen memo 182 00:11:10,160 --> 00:11:11,800 Speaker 1: is going to be enough, but of course that memo 183 00:11:11,880 --> 00:11:14,600 Speaker 1: was written two years ago, so it's still relevance that today. 184 00:11:15,080 --> 00:11:17,360 Speaker 1: If you're looking at this in the like most favorable 185 00:11:17,520 --> 00:11:21,160 Speaker 1: to the administration, they could make arguments about COVID and 186 00:11:21,920 --> 00:11:24,760 Speaker 1: unemployment that might be relevant for them. But by the 187 00:11:24,800 --> 00:11:28,280 Speaker 1: flip side, the DOTA supporters can make the arguments about 188 00:11:28,280 --> 00:11:32,200 Speaker 1: how many doctor workers are essential workers for various reasons 189 00:11:32,200 --> 00:11:34,800 Speaker 1: in this current economy, and so those things can all 190 00:11:34,840 --> 00:11:37,040 Speaker 1: go back and forth, and the question would be, Okay, 191 00:11:37,040 --> 00:11:39,839 Speaker 1: you write a memo. Whatever memo you write, let's say 192 00:11:39,880 --> 00:11:42,200 Speaker 1: you can get it done in thirty days. You know, 193 00:11:42,400 --> 00:11:45,199 Speaker 1: people would sue in every court in the country hoping 194 00:11:45,280 --> 00:11:48,319 Speaker 1: to get one injunction, and you would assume they'd be 195 00:11:48,360 --> 00:11:50,719 Speaker 1: able to get at least one injunction that enjoys the 196 00:11:51,040 --> 00:11:54,040 Speaker 1: termination of DOT. And then the question is it's very 197 00:11:54,120 --> 00:11:57,840 Speaker 1: unlikely given what we've seen that Justice Roberts will supply 198 00:11:58,000 --> 00:12:00,360 Speaker 1: the fifth vote to say that injunction and like he 199 00:12:00,480 --> 00:12:04,480 Speaker 1: did in the public charge case, meaning DOCTA would survive 200 00:12:05,200 --> 00:12:10,960 Speaker 1: until at least June, if not in June so now 201 00:12:11,160 --> 00:12:14,600 Speaker 1: looking at the big picture, this is the third case 202 00:12:14,840 --> 00:12:17,840 Speaker 1: I believe in which the Supreme Court has considered the 203 00:12:17,880 --> 00:12:22,920 Speaker 1: president's power in immigration. You have the Muslim ban where 204 00:12:22,960 --> 00:12:26,880 Speaker 1: they upheld the president's power, and you have the Census 205 00:12:26,920 --> 00:12:30,360 Speaker 1: case where they did not, and they basically kicked that 206 00:12:30,440 --> 00:12:33,760 Speaker 1: can down the road as well. Do you see any 207 00:12:33,880 --> 00:12:38,840 Speaker 1: similarities or threads that would allow us to predict a 208 00:12:38,840 --> 00:12:43,600 Speaker 1: little bit better what the Court will do in immigration decisions? Sure? 209 00:12:43,640 --> 00:12:46,280 Speaker 1: I think the best thing that I can sort of 210 00:12:46,400 --> 00:12:51,480 Speaker 1: craft out of the differently threaded decisions is the sort 211 00:12:51,520 --> 00:12:55,640 Speaker 1: of prospect continues to hold. I think, and this has 212 00:12:55,640 --> 00:12:57,719 Speaker 1: been like a hundred year thing. This has not been 213 00:12:58,440 --> 00:13:01,600 Speaker 1: a one year thing or a trump that if the 214 00:13:01,720 --> 00:13:05,640 Speaker 1: human being is not inside the United States, the chances 215 00:13:05,679 --> 00:13:07,839 Speaker 1: that they're gonna get any sympathy from the Court is 216 00:13:07,880 --> 00:13:10,560 Speaker 1: going to be very low. Hence all of the travel 217 00:13:10,640 --> 00:13:14,839 Speaker 1: band victory and other things like that and public charred 218 00:13:15,000 --> 00:13:17,800 Speaker 1: things where the idea is, even though some of the 219 00:13:17,840 --> 00:13:22,439 Speaker 1: folks are here, you're still preventing people from essentially becoming 220 00:13:22,960 --> 00:13:25,760 Speaker 1: part of the American fabric unless they do certain things 221 00:13:26,320 --> 00:13:29,520 Speaker 1: versus like the Census and DOCCA and other decisions we've 222 00:13:29,520 --> 00:13:32,600 Speaker 1: seen where once a person is here and has been 223 00:13:32,640 --> 00:13:35,880 Speaker 1: here for quite some time, the court is looking at 224 00:13:35,920 --> 00:13:40,360 Speaker 1: these with much larger scrutiny about the fate of these individuals. 225 00:13:40,679 --> 00:13:45,160 Speaker 1: Thanks Leon Best, Leon Fresco of Hollanden Night. Thanks for 226 00:13:45,240 --> 00:13:48,480 Speaker 1: listening to the Bloomberg Law podcast. You can subscribe and 227 00:13:48,559 --> 00:13:51,800 Speaker 1: listen to the show on Apple Podcasts, SoundCloud, and on 228 00:13:51,880 --> 00:13:56,600 Speaker 1: Bloomberg dot com slash podcast. I'm June Bosso. This is 229 00:13:56,640 --> 00:14:00,880 Speaker 1: Bloomberg two