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Speaker 1: The drumbeat is getting louder as the Secretary of State

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Speaker 1: meets with his counterpart from Russia. New questions today about

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Speaker 1: America's posture in Ukraine. Welcome to the fastest hour in

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Speaker 1: politics as we focus on the standoff heading into this weekend.

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Speaker 1: We'll get the latest from Bloomberg's Nick Wadhams was now

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Speaker 1: reporting that the US is considering pulling diplomats family members

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Speaker 1: out of Ukraine, and we'll talk strategy with retired Marine

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Speaker 1: Corps General Arnold Pinaro here. Insights from the panel. This Friday,

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Speaker 1: we have Bloomberg Politics contributor Jeannie Chantano and Republican strategist Jennifernsur,

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Speaker 1: former chair of the Massachusetts GOP. Later this hour, my

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Speaker 1: conversation with Senator Shared Brown, Democrat from Ohio, who chairs

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Speaker 1: the Banking Committee on possible Russia sanctions, and a big

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Speaker 1: announcement today as well on manufacturing computer chips in his

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Speaker 1: stable here board at about the big deal with Intel

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Speaker 1: announced earliers. Reading the headline this morning was startling enough

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Speaker 1: for a lot of US US ways. Pulling diplomats family

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Speaker 1: members out of Ukraine makes it sound real, and it

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Speaker 1: comes on the same day that Secretary of State Anthony B.

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Speaker 1: Lincoln meets with his Russian counterpart, Foreign Minister Seeggy Lavrov.

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Speaker 1: They sat down in Geneva and what was the latest

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Speaker 1: and what seems like a hundred meetings talks at various

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Speaker 1: levels over the last two weeks. They both spoke after

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Speaker 1: they emerged from the meeting. Let's start with Secretary Blanket

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Speaker 1: here he is. This was not negotiation, but a candid

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Speaker 1: exchange of concerns and ideas. I made clear to Minister

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Speaker 1: Lavrov that there are certain issues and fundamental principles that

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Speaker 1: the United States and our partners and allies are committed

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Speaker 1: to defend. That includes those that would impede the sovereign

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Speaker 1: right of the Ukrainian people to write their own future.

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Speaker 1: There is no trade space. There none pretty definitive, and

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Speaker 1: the US agreed to follow up with a response in

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Speaker 1: writing next week. Here's Sergei Lavra. At the end of

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Speaker 1: our meeting, we agreed that next week the West is

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Speaker 1: getting to present us with reason answers to all of

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Speaker 1: our pro puzzles. Secretary Lincoln said that is satisfied with

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Speaker 1: the exchange of views that we've just had, and this

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Speaker 1: will help them presenters in writing their reaction really curious

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Speaker 1: to see if we get to read it. Of course,

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Speaker 1: the US is promising heavy duty sanctions if Russia were

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Speaker 1: to invade Ukraine, something I asked Senator shared Brown about today.

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Speaker 1: He chairs the Senate Banking Committee, which would be directly

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Speaker 1: involved in crafting those sanctions. He says, get Russia invades here,

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Speaker 1: he is, we come down hard on sanctions. And these

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Speaker 1: are sanctions for sure, aimed at their banking sector and

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Speaker 1: aimed it at Russian companies. But these are also sanctions

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Speaker 1: that are aimed right at Putin and as cronies, and

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Speaker 1: they know we mean business. There is absolute consensus in

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Speaker 1: the House and Senate on this. So we're hearing about

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Speaker 1: this from all corners now, and you can hear my

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Speaker 1: full conversation with Senator shared Brown later this hour. Let's

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Speaker 1: get back to what's happening on the ground here. The

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Speaker 1: latest from Bloomberg's Nick Wadham's He shares the byline of

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Speaker 1: the story I mentioned about possible evacuations under this plan.

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Speaker 1: As I read, family members of our diplomats in Ukraine

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Speaker 1: would be ordered to return home. Well, non essential employees

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Speaker 1: would be able to leave voluntarily. Nick, Thank you. For

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Speaker 1: joining US. It's great reporting. Does this feel like a

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Speaker 1: new level of urgency, Well, I think what you're seeing

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Speaker 1: is they have had contingency plans for a while, but um,

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Speaker 1: there's coming. We're coming quickly to a crunch point where

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Speaker 1: we're gonna know either way what Russia's intentions are. So

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Speaker 1: they have a window in which they can invade, and

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Speaker 1: I think you're seeing the US they do not want

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Speaker 1: to be caught in a situation where they leave their

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Speaker 1: diplomats and their families vulnerable. You know, obviously they got

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Speaker 1: stung after Afghanistan and some some other situations. So while

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Speaker 1: they're they're not predicting another Afghanistan for Ukraine, were nowhere

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Speaker 1: near in that situation. But we do expect an announcement

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Speaker 1: in the next few days that they will have family

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Speaker 1: members leave, so that is coming. But yes, it's it's

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Speaker 1: definitely a heightened level of concern and anxiety that this

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Speaker 1: thing is not getting less tense, only more tense right now.

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Speaker 1: Afghanistan was the first thing I guess everybody thought of.

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Speaker 1: There were questions in the White House briefing today about

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Speaker 1: do you know how many Americans are there? The White

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Speaker 1: House is acutely aware of this concern. That's right, and

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Speaker 1: you know again it is it is important that obviously

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Speaker 1: Ukraine is not another Afghanistan. But you know, this is

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Speaker 1: a flaw in in how what happens with the American

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Speaker 1: the way that Americans go overseas. I mean, I think

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Speaker 1: as Jen suck he said, you know, we don't put

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Speaker 1: a micro chip in every American who travels overseas, but

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Speaker 1: they don't really have a great sense of how many

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Speaker 1: Americans are in any particular country. You basically have to

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Speaker 1: uh take that responsibility on yourself and register with with

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Speaker 1: the embassy when you go. So they don't really have

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Speaker 1: a sense. They have warned American not to go Ukraine

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Speaker 1: is it has its highest the State Department's highest warring

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Speaker 1: level level four, which is essentially please do not go there.

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Speaker 1: Uh so that's in effect. Um, but what you're seeing

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Speaker 1: here is a real desire to make sure that those

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Speaker 1: family members are safe and they don't have a real

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Speaker 1: rush for the exits that things do get bad. As

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Speaker 1: we consider our posture in Ukraine, has anything changed in

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Speaker 1: Russia's posture on the border while talks have been underway. Uh, well,

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Speaker 1: you know it's a great question because on the face

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Speaker 1: of it, No, there a hundred thousand or so troops

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Speaker 1: on the border and they are not getting they're not

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Speaker 1: being pulled back in any way. But still weeks into

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Speaker 1: this problem, this crisis, the administration still does not have

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Speaker 1: the answer that it has been trying to get figure

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Speaker 1: out for all this time, which is what does Vladimir

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Speaker 1: Putin actually want to do? What is his plan? And

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Speaker 1: they still do not know. The one thing that Sergei Lavrov,

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Speaker 1: the Russian cordministers said as well today was that he

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Speaker 1: called all this talk of war hysteria. So they insist

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Speaker 1: they do not plan to invade. But you know, the

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Speaker 1: inner circle around Vladimir Putin is so small and in

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Speaker 1: some cases doesn't even include Sergei Lavrov himself. So this

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Speaker 1: is really up to Putin and I hate to say it,

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Speaker 1: but at this point, no one really knows. Bloomberg's Nick

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Speaker 1: Wadham's appreciate it very much, Nick, and great reporting. Once again,

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Speaker 1: we want to turn to the strategy here on both sides,

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Speaker 1: as we're joined by retired Marine Corps General Arnold Pinaro,

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Speaker 1: former staff director on the Senate Armed Services Committee, chair

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Speaker 1: of the National Defense Industrial Association. He also wrote a book,

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Speaker 1: The Ever Shrinking Fight Force. General. Welcome back. I'm glad

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Speaker 1: you're here, and I wonder what is your threat assessment

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Speaker 1: heading into this weekend? You believe Russia will actually cross

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Speaker 1: the border. Well, look, I'm privileged to be on the program.

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Speaker 1: I would say as a military person, right now, Russia

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Speaker 1: has Ukraine surrounded on three sides, what I would call

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Speaker 1: three planks. Uh. They can come in from the north,

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Speaker 1: from Belaruts. They can come in, you know, on the

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Speaker 1: common border with Russia where your reporter talks about the

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Speaker 1: hundred thousand. But when you look at the armored force

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Speaker 1: and the artillery force, they have mass it's more significant

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Speaker 1: than the number of people. And they've also uh gotten

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Speaker 1: the Black Sea and and and can come in from

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Speaker 1: Crimea on the south. So if you're a military person,

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Speaker 1: you can only look at that as an invasion force

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Speaker 1: of substantial measure. Uh. You know, that's larger than than

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Speaker 1: a huge number of divisions. And they've got the capability

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Speaker 1: to move quickly. Uh. The Ukrainian defenses or no match

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Speaker 1: for the Russian armored columns. So if you're a military person,

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Speaker 1: you have to look at the capability. Uh, that's there

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Speaker 1: and and and and not just the intent. I would say,

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Speaker 1: as as your colleague said, on the intent, who knows,

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Speaker 1: but I would see this. We know one thing. He's

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Speaker 1: a KGB thug, He's an autocraph, he's a dictator polite.

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Speaker 1: The only thing Putin understands is force and on force.

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Speaker 1: So you're not gonna really deter him with a talk

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Speaker 1: of we're gonna handcuff you, We're gonna take a few

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Speaker 1: bucks out of your bank account, shooting Himself's got billions

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Speaker 1: of dollars stash in banks all over the world. It

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Speaker 1: isn't gonna hurt him. This is a man that doesn't

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Speaker 1: care about what happens to the Russian people, and if

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Speaker 1: they go into extreme circumstances, he and his oligarchs are

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Speaker 1: gonna fare very well. So I'm not sure the kind

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Speaker 1: of sanctions, Uh they understand force we should be beeping

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Speaker 1: up in deterrence. Is what counts With that in mind,

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Speaker 1: is have we have we helped Ukraine at all offend

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Speaker 1: off the Russians with the weapons that we in defense

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Speaker 1: helped them enough in our allives have not helped him

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Speaker 1: en up? I mean just today Germany denied Estonia the

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Speaker 1: permission to send German lethal weapons to Ukraine to help Ukraine.

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Speaker 1: So one of our biggest NATO allies basically said, nope, don't,

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Speaker 1: don't send them any germanly the weapons we should be

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Speaker 1: given Ukraine the weapons that the Russians fear the most,

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Speaker 1: any tank, people, any missile. But the other thing is,

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Speaker 1: if you want to really hurt Russia economically, their number

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Speaker 1: one export is all you've got to go after their

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Speaker 1: oil exports. And it's not just the nord Stream to

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Speaker 1: gas pipeline, which really isn't in full operations. Um, it's

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Speaker 1: the trains that take oil to China. It's a it's

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Speaker 1: a every fifteen minutes there's a Soviet oil or Russian

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Speaker 1: oil tanker in the Baltic Sea that goes through the

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Speaker 1: darknells and the boxers to get to warm water. That's

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Speaker 1: where you hurt Russia when you go after their economic

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Speaker 1: well being. Well general, I'm reading in political here that

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Speaker 1: the State Department is given the go ahead for three

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Speaker 1: NATO allies to rush anti armored missiles and other US

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Speaker 1: made weapons to Ukraine, Latia, Estonia, Lithuania. Is this the

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Speaker 1: right direction? Well? Absolutely, but I mean it's probably a

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Speaker 1: day late, the dollar short. But I mean anything we

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Speaker 1: can you to beef up to terrence and to show

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Speaker 1: the Russians that it not only would be a tremendous

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Speaker 1: economic cost, but it also will be a tremendous military cost.

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Speaker 1: I remember, because I was the staff director of the

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Speaker 1: Armed Services Committee. When we authorize singers in Afghanistan to

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Speaker 1: knock out the Soviet helicopters, that's when garber Shop that

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Speaker 1: once they started really taking those kind of hit, that's

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Speaker 1: when garber Shop decided one worth being in there any longer.

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Speaker 1: But it bothers me that the Germans, who ought to

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Speaker 1: be more concerned than anybody. I mean, let's faith it

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Speaker 1: they had a pretty good a fist fight with Russia

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Speaker 1: in World War two, is not allowing their leap of

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Speaker 1: weapons to go. So how much is this about the

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Speaker 1: nord Stream too? Then we have less than a minute. General. Yeah,

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Speaker 1: but I would say I would say, unfortunately, I think

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Speaker 1: some of our allies are putting their own economic concerns

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Speaker 1: ahead of the deterrence and the NATO. But I mean,

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Speaker 1: like the nord Stream pipeline. Again, like the nord Stream pipeline.

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Speaker 1: I'm asking, I think the Germans are protecting their access

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Speaker 1: to the North Street two pipeline, which is a which

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Speaker 1: is not a good situation. So you know, not only

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Speaker 1: is Germany the richest country in Naco and Europe, that

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Speaker 1: they don't meet their own date co obligations and now

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Speaker 1: they're not being that helpful when it comes to General.

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Speaker 1: I do appreciate your insights. Arnold Panaro will make more

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Speaker 1: time next time. General, thank you for being here on

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Speaker 1: sound On. We'll assemble the panel next time. Joe Matthew,

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Speaker 1: This is Bloomberg. This is Bloomberg, so on with Joe

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Speaker 1: Matthew on Bloomberg Radio. So no breakthrough in the standoff

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Speaker 1: over Ukraine as we wait for the US to respond

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Speaker 1: next week. Now that will lead to another round of

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Speaker 1: talks and we'll see where we are here with the panel.

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Speaker 1: We assemble the panel to talk about it with Bloomberg

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Speaker 1: Politics contributor Jeanie Shenzano and Jennifer Nessour is back with

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Speaker 1: us today, Republican strategist, former Massachusetts g o P chair

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Speaker 1: and founder of the Pocketbook Project. Thanks to both of

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Speaker 1: you for being here. Genie, this is a test, no

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Speaker 1: matter what direction it goes in Here for Joe Biden,

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Speaker 1: not the way he was planning once again to start

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Speaker 1: his second year. How's he doing so far? In his

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Speaker 1: Secretary of State, Anthony blink In, the man for this job.

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Speaker 1: He you know, Anthony B. Lincoln, he has been pushing this.

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Speaker 1: I think there were some good signs today that they

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Speaker 1: are going to continue with a written response. The longer

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Speaker 1: you can keep the diplomatic channels open, the less likely

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Speaker 1: they go ahead with an incursion. And as Nick mentioned,

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Speaker 1: there is a timeline here. They have a time frame

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Speaker 1: in which they cannot go in, so you know that

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Speaker 1: is important. But with Russia, you never know, particularly with

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Speaker 1: Putin to Rick to Nick's other point, you never know

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Speaker 1: what they're thinking. It's unclear just for instance, is this

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Speaker 1: a real diplomatic effort. Are the serious about this seeking

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Speaker 1: a solution or are they stalling? And can the United

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Speaker 1: States and NATO offer Putin something kind of off ramp

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Speaker 1: here Um there's no easy off ramp and that's I

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Speaker 1: think the substance of these responses the United States provides

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Speaker 1: next week or over the weekend are going to be

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Speaker 1: critical to seeing whether this is going to be escalated.

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Speaker 1: Further calls it hysteria, this talk, Well, there's a hundred

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Speaker 1: thousand troops on the border. I can't imagine what would

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Speaker 1: lead us to believe this. Jennifer, I'm curious what you

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Speaker 1: think of the messaging coming out of the administration, because

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Speaker 1: there was confusion following the President's news conference this week,

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Speaker 1: the two hour marathon, and I know the White House

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Speaker 1: cleaned this up within hours after he had some confusing

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Speaker 1: remarks about sort of grades of invasion and and what

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Speaker 1: might elicit a response from the U S or be

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Speaker 1: worthy of a of an American response. Now that that's

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Speaker 1: been cleaned up, and Anthony Blinken is back in Geneva

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Speaker 1: with the foreign minister from Russia, is the messaging back

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Speaker 1: on track? I mean, is it really cleaned up? Right?

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Speaker 1: I mean, well, I think that the President went out

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Speaker 1: and did exactly with Jensaki and the rest of his

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Speaker 1: team does not want him to do, which is go

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Speaker 1: and answer questions freely and and he gave carte blanche

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Speaker 1: to the members of the press, which is awesome and

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Speaker 1: that's what we the American people needed. However, he seemed

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Speaker 1: to to really put the US in the back seat,

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Speaker 1: maybe in the trunk um when it comes to foreign policy,

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Speaker 1: and he really let prudent kind of take the reins

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Speaker 1: here even more so than he did. And I think

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Speaker 1: he put all of US and europe Um and our

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Speaker 1: allies in a very precarious situation. But so by by

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Speaker 1: threatening a devastating response to an invasion, he put the

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Speaker 1: U S in a trunk. How well, because I think

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Speaker 1: he allows Russia to to really see his cards and

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Speaker 1: see that he's weak. He's weak on foreign policy. He

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Speaker 1: has no plan, and he has no plan, as we

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Speaker 1: saw in Afghanistan, to be an ally to anyone. And

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Speaker 1: so we're not really sure at this point where the

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Speaker 1: Biden administration is going when it comes to foreign policy

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Speaker 1: or domestic policy. His answers the other the other day,

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Speaker 1: we're um, we're jumbled. They were incoherent. He seemed to

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Speaker 1: lose his train of thought from one moment to the other.

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Speaker 1: And as the president of the United States, I think

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Speaker 1: he'd made our position in the US weaker on the

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Speaker 1: national stage than than anyone any president in my lifetime

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Speaker 1: has ever done. Well. That's that's quite a statement. Genie

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Speaker 1: of following the news conference that we talked about in

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Speaker 1: real time, has have enough enough days gone by and

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Speaker 1: enough statement has been made to figure out kind of

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Speaker 1: what we mean and how we mean it. Well, you know,

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Speaker 1: there was one you know, sort of positive aspect of

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Speaker 1: his speaking out of turn, if you will, which was

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Speaker 1: they had to come back and clean up. So now

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Speaker 1: it is clear that there is no gray area. If

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Speaker 1: Russia engages in any kind of incursion, As Anthony Lincoln

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Speaker 1: said today and has been repeated many times, there is

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Speaker 1: agreement amongst NATO and the allies that they will respond.

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Speaker 1: And so that is that is clear. I think that

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Speaker 1: the bigger question is, you know, we can't estimate what

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Speaker 1: Putin is thinking, so we need to assume the worst,

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Speaker 1: and that means we need to assume that he is

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Speaker 1: intent on undermining the United States, weakening democracies and our

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Speaker 1: alliances and NATO's, and that means we need to move

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Speaker 1: forward with all the things that Lincoln and Biden have

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Speaker 1: been talking about, all the economic leverage and all the

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Speaker 1: military leverage. We have a lot of that at our disposal.

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Speaker 1: But a big challenge domestically is I think the President

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Speaker 1: has got to get out and explain to the American

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Speaker 1: public in this election year. If they do, for instance,

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Speaker 1: engage in economic sanctions in an election, it could have

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Speaker 1: a tough impact on energy costs in the United States

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Speaker 1: and Europe, and that's something we should be prepared for

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Speaker 1: in the winter in an election year. So I'd like

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Speaker 1: to hear him talk a little bit more about what

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Speaker 1: the consequences of all this are for us and why

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Speaker 1: this is so important to America, because that's something that

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Speaker 1: has to be explained repeatedly by the president. Jennifer, we

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Speaker 1: only have a minute, But what else do you want

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Speaker 1: to hear that the US will have a military answer

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Speaker 1: to an invasion of Ukraine. Well, you know, I don't

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Speaker 1: disagree with what you just said, but what I will

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Speaker 1: you know what I What I do want to just

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Speaker 1: kind of drive home is that Anthony Lincoln was not

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Speaker 1: elected president of the United States. Joe Biden was, and

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Speaker 1: what he says actually matters, And when he's speaking freely

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Speaker 1: in a press conference and he is not very clear

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Speaker 1: about the intentions of the United States and where we

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Speaker 1: are on the on foreign policy, I think that that

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Speaker 1: really means something. Jennie Chanzano Jennifer nisour with us for

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Speaker 1: the hour our panel on this Friday, sound on our

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Speaker 1: conversation coming up with Senator Sharon Brown, who would help

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Speaker 1: craft sanctions against Russia. He'll be here next on the program.

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Speaker 1: I'm Joe Matthew. This is Bloomberg and we want to

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Speaker 1: welcome Senator Shared Brown of Ohio, chair of the Senate

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Speaker 1: Banking Committee, about well, a different topic than usual. Instead

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Speaker 1: of talking about the FED, today we're talking chips, computer chips.

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Speaker 1: After the Biden administration announced that Intel would build the

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Speaker 1: twenty billion dollar chip foundry that I mentioned outside of Columbus,

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Speaker 1: adding to what the White House says is eighty billion

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Speaker 1: dollars now in total new investment in semis here in

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Speaker 1: the US. The Senator was with President Biden for the announcement. Today.

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Speaker 1: Over thirty years ago, America about of global production. But

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Speaker 1: since that time something happened. American manufacturing, the backbone of

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Speaker 1: our economy got hollowed out. Companies move jobs and production overseas.

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Speaker 1: A sprecial from the industrial Midwest. Let's talk about it

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Speaker 1: with Senator Shared Brown, who joins us now on sound on. Senator,

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Speaker 1: thanks for being here. This is a twenty billion dollar

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Speaker 1: investments into domestic chip making, Senator, and into your state

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Speaker 1: of Ohio. How long will it take to be operational? Well,

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Speaker 1: today we are burying the term rust Belt. This is

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Speaker 1: a new day for American manufacturing. UH. Their investment starts

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Speaker 1: this year. We will begin to see thousands of union

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Speaker 1: building trades jobs. The timetable is there's in terms of

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Speaker 1: when it starts production, but you can bet that companies,

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Speaker 1: not just Intel in Ohio, but companies in Columbus area,

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Speaker 1: but companies in Cleveland and Toledo, at Dayton and Acron

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Speaker 1: and Cincinnati and all over our state will be scaling

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Speaker 1: up as part of the supply chain and part of

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Speaker 1: the effort for Intel to be the biggest chips manufacturer.

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Speaker 1: For this plant the site to be the biggest ships

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Speaker 1: manufacturer in the world. We talk a lot about a

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Speaker 1: worker shortage. Senator to Ohio. Have the workers to run

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Speaker 1: a twenty billion dollar foundry? Oh, you bet we will

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Speaker 1: have workers already. The trades in Ohio are ready to

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Speaker 1: scale up. These are good paying union jobs. We have

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Speaker 1: some of the best building trades workers from carpenters to electricians,

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Speaker 1: to pipe fitters, to mill rights to laborers to sheet

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Speaker 1: metal workers in the world in the world, and they

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Speaker 1: are ready to go. We're working with getting more trades

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Speaker 1: people trained and will work with Intel to do that.

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Speaker 1: UM but you're going to see as you see when

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Speaker 1: an auto plant transitions into a new line, when a

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Speaker 1: jeep chair key transitions into making a different product. Itt

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Speaker 1: Um get their plan and Toledo. You will see hundreds

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Speaker 1: of building trades descend on this site pretty soon, and

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Speaker 1: some of them will be on that site for years

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Speaker 1: and years. How did Ohio get this done? Why Ohio

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Speaker 1: as opposed to another manufacturing state? Ohio has such a

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Speaker 1: proud history manufacturing. I've been working on these manufacturing institutes.

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Speaker 1: The first one was in Youngstown. We enacted legislation and

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Speaker 1: then followed through on this. Ohio as a history of

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Speaker 1: of qualified manufacturing workers, trade workers in the trades, skilled workers.

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Speaker 1: I think Ohio, the Ohio State University played a big

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Speaker 1: role in getting this in central Ohio. We've had a

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Speaker 1: you know, we've we've we've we're ready for this kind

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Speaker 1: of success and it will be. It will be good, friend, tell,

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Speaker 1: and it will be good for our state. Senator. The

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Speaker 1: chip shortage is not just about evs and video games,

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Speaker 1: of course, though they seem to get most of the

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Speaker 1: coverage here. It brings up important national security implications and

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Speaker 1: as chair of the Senate Banking Committee, I'd just like

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Speaker 1: to ask you quickly about the situation with Russia and

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Speaker 1: how this all plays together. Here you would be directly

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Speaker 1: involved in any sanctions against Russia. In fact, you introduced

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Speaker 1: a bipartisan bill several years ago to reinforce sanctions on Russia.

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Speaker 1: As someone who majored in Russian studies at Yale, what

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Speaker 1: are you prepared to do if there's an invasion of Ukraine? Yeah,

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Speaker 1: any any kind of incursion is an invasion. If they

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Speaker 1: try to do what they did in the Crimea, if

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Speaker 1: they try to do that in Donbas region of Russia

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Speaker 1: or of Ukraine, because they say, well, there are a

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Speaker 1: lot of Russians living there that call us in if

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Speaker 1: they do that kind of invasion or incursion. Um, we

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Speaker 1: come down hard on sanctions. And these are sanctions for

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Speaker 1: sure aimed at their banking sector and aimed at at

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Speaker 1: Russian companies, But these are also sanctions that are aimed

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Speaker 1: right at Putin and his cronies, and they know we

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Speaker 1: mean business. There is absolute consensus in the House and

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Speaker 1: Senate on this UH and Russia and Putin personally, and

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Speaker 1: is it's cronies that he's made rich. They will all

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Speaker 1: suffer from this so um he knows it. We make

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Speaker 1: that clear. We're ready to do it if he decides

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Speaker 1: to break international law and attack it. At Ukraine, you

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Speaker 1: understand the history and culture there better than most. Senator,

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Speaker 1: Do you have a sense of what Vladimir Putin actually wants?

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Speaker 1: Is this simply about slowing or stopping the expansion of NATO? Well, yeah,

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Speaker 1: I think Putin wants to be a wants to be

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Speaker 1: known in Russian history as as a Stalin type figure

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Speaker 1: is so powerful that loved mother, loves mother Russia and

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Speaker 1: wants to ensure and grow its place in the world.

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Speaker 1: And I think he looks at former Russian and Soviet leaders.

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Speaker 1: He looks at the Tsars, he looks at Catherine, he

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Speaker 1: looks at Peter, he looks at at Lenin, he looks

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Speaker 1: at Stalin, and he sees himself in that pantheon of

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Speaker 1: of Russian autocrats. And I think that drives him more

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Speaker 1: than any other single thing. Are you, as chair of

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Speaker 1: the committee, working with the White House or with the

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Speaker 1: State Department to craft additional sanctions then if necessary, Yeah,

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Speaker 1: we we are gonna have. These are gonna be the

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Speaker 1: strongest actions if if Putin invades, these are going to

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Speaker 1: be the strongest sanctions that I think that we've ever seen.

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Speaker 1: How do you get him in a way that sanctions

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Speaker 1: have not been able to touch him before? Now, well,

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Speaker 1: these are these are these are more aggressive, They're broader,

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Speaker 1: they're deeper. We're better and better how to sanction. In

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Speaker 1: the past, we've got new legislation or anti money laundering

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Speaker 1: and beneficial ownership where we've learned how to how to

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Speaker 1: squeeze autocrats and criminals and people that engage in gun

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Speaker 1: running and sex trafficking and drug smuggling. We're just more

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Speaker 1: sophisticated and better at it than we've ever been. And

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Speaker 1: we're not going to be afraid. We're not going to

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Speaker 1: be afraid to use the tools we have. Senator shared Brown,

430
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Speaker 1: I appreciate your time in answering my questions here. Once

431
00:24:47,760 --> 00:24:49,680
Speaker 1: that chip Faundry is open, we'd love to see what

432
00:24:49,800 --> 00:24:52,399
Speaker 1: it looks like. Well, it will, It will be incredible,

433
00:24:52,480 --> 00:24:55,679
Speaker 1: So thanks John, I appreciate it would be the biggest

434
00:24:55,720 --> 00:24:59,920
Speaker 1: in the world, they say, the world's biggest semiconductor manufact

435
00:25:00,080 --> 00:25:03,440
Speaker 1: ring site in Ohio. So a lot to consider about

436
00:25:03,480 --> 00:25:06,200
Speaker 1: the situation with Russia as we head into the weekend. Obviously,

437
00:25:06,280 --> 00:25:08,399
Speaker 1: I suspect we'll see the Secretary of State, maybe other

438
00:25:08,480 --> 00:25:11,399
Speaker 1: national security officials out on Sunday TV shows. Try to

439
00:25:12,040 --> 00:25:15,119
Speaker 1: keep steering the narrative with an audience here in the US,

440
00:25:15,200 --> 00:25:21,080
Speaker 1: but also in Moscow. Will reassemble the panel next. Jennie

441
00:25:21,119 --> 00:25:24,080
Speaker 1: and Jennifer with us on the Friday edition of Sound On.

442
00:25:24,600 --> 00:25:33,359
Speaker 1: I'm Joe Matthew. This is Bloomberg. This is Bloomberg. So

443
00:25:33,680 --> 00:25:39,440
Speaker 1: long with Joe Matthew on Bloomberg Radio. I feel like

444
00:25:39,520 --> 00:25:43,159
Speaker 1: this story deserved much more attention today. It was a

445
00:25:43,280 --> 00:25:47,520
Speaker 1: redhead on the terminal. Biden's vaccine mandate for federal workers

446
00:25:47,640 --> 00:25:51,760
Speaker 1: blocked nationwide. This, of course follows the ruling last week

447
00:25:51,800 --> 00:25:55,240
Speaker 1: blocking the vaxer test requirement. Remember for big private employers,

448
00:25:55,800 --> 00:25:58,160
Speaker 1: we talked to Secretary Marty Walsh about it that day.

449
00:25:58,200 --> 00:26:00,159
Speaker 1: In this case, a federal judge and tech s this

450
00:26:00,920 --> 00:26:04,280
Speaker 1: granted a nationwide preliminary injunction. As I read on the

451
00:26:04,400 --> 00:26:07,719
Speaker 1: terminal against the President's executive order covering all federal workers

452
00:26:08,119 --> 00:26:12,240
Speaker 1: get a vaccine or get fired. The news broke during

453
00:26:12,680 --> 00:26:17,200
Speaker 1: the White House briefing, and White House Press Secretary Jensaki

454
00:26:18,119 --> 00:26:21,720
Speaker 1: was responding as she learned about it. Here she is. Well, first,

455
00:26:21,880 --> 00:26:25,840
Speaker 1: let me update you that of federal workers are vaccinated. Uh,

456
00:26:26,040 --> 00:26:29,119
Speaker 1: that is a remarkable number. I would point you the

457
00:26:29,160 --> 00:26:31,800
Speaker 1: Department of Justice on any next steps as this news

458
00:26:32,200 --> 00:26:35,240
Speaker 1: it sounds like just broke, but obviously we are confident

459
00:26:35,240 --> 00:26:38,119
Speaker 1: in our legal authority here. Well, the Department of Justice

460
00:26:38,920 --> 00:26:43,720
Speaker 1: tweeted through a spokesperson shortly after that briefing that says

461
00:26:43,760 --> 00:26:47,359
Speaker 1: the Department quote is filing a notice of appeal. Not

462
00:26:47,480 --> 00:26:50,760
Speaker 1: a shocker there. Let's reassemble the panel and dig into

463
00:26:50,840 --> 00:26:55,560
Speaker 1: this for a moment with Bloomberg Politics contributor Genie Schanzano

464
00:26:55,760 --> 00:26:59,359
Speaker 1: with US, Jennifer Nestorius with US, as well, Republican strategist

465
00:27:00,880 --> 00:27:04,960
Speaker 1: and former chair of the Massachusetts GOP. If not or vaccinated, Genie,

466
00:27:05,040 --> 00:27:08,639
Speaker 1: then what's the point anyway? You know, I think the

467
00:27:08,760 --> 00:27:12,600
Speaker 1: President they're gonna still appeal this. That we we believe

468
00:27:12,640 --> 00:27:15,520
Speaker 1: they're going to appeal it. As far as the tweet said, um,

469
00:27:15,640 --> 00:27:18,240
Speaker 1: I think it is important the President has wanted to

470
00:27:18,320 --> 00:27:21,480
Speaker 1: make a stand um, but the fact is that we

471
00:27:21,600 --> 00:27:24,080
Speaker 1: have seen from the Supreme Court to other levels of

472
00:27:24,119 --> 00:27:27,760
Speaker 1: the federal judiciary that they have not been inclined to

473
00:27:27,920 --> 00:27:32,520
Speaker 1: support these mandates, particularly when they've been coming from the

474
00:27:32,640 --> 00:27:35,600
Speaker 1: federal level. They've supported them at the state level, but

475
00:27:35,720 --> 00:27:38,040
Speaker 1: not at the federal level. So it's going to be

476
00:27:38,160 --> 00:27:40,480
Speaker 1: interesting to see if this does get to the Supreme Court,

477
00:27:40,560 --> 00:27:42,960
Speaker 1: how it comes out. But the President has been in

478
00:27:43,000 --> 00:27:46,040
Speaker 1: the midst of this pandemic and certainly the latest wave,

479
00:27:46,480 --> 00:27:48,680
Speaker 1: He's been pushed by a lot of people to do

480
00:27:48,960 --> 00:27:52,160
Speaker 1: more and more areas and this was part of that strategy.

481
00:27:52,240 --> 00:27:53,600
Speaker 1: So I think they're going to stick with it at

482
00:27:53,640 --> 00:27:56,080
Speaker 1: this point, even though to your point, you've only got

483
00:27:56,119 --> 00:27:59,119
Speaker 1: about two percent of the workforce who's not vaccinated. At

484
00:27:59,160 --> 00:28:01,600
Speaker 1: this point, is that worth fighting for? Jennifer, I don't

485
00:28:01,600 --> 00:28:04,399
Speaker 1: want to get into an argument about mandates, but but

486
00:28:04,600 --> 00:28:07,560
Speaker 1: more about the politics behind this. Why put the capital

487
00:28:07,640 --> 00:28:11,280
Speaker 1: on the line? I mean, you know, I think that

488
00:28:11,480 --> 00:28:14,760
Speaker 1: at this point we have seen that this is not

489
00:28:15,280 --> 00:28:18,679
Speaker 1: um a fight worth fighting at this right now? Right,

490
00:28:18,760 --> 00:28:21,000
Speaker 1: I mean, at the end of the day, look, what

491
00:28:21,080 --> 00:28:23,520
Speaker 1: do we know? The science keeps changing. We do know

492
00:28:23,760 --> 00:28:26,280
Speaker 1: that we hear that that science keeps changing, which is

493
00:28:26,320 --> 00:28:29,400
Speaker 1: why the CDC changes it from fourteen days in quarantine

494
00:28:29,400 --> 00:28:31,840
Speaker 1: to ten days and quarantine to five days in quarantine.

495
00:28:32,160 --> 00:28:34,760
Speaker 1: Why the master rules are different, and so I think

496
00:28:34,880 --> 00:28:39,640
Speaker 1: what's important to remember is that are vaccinated, people are

497
00:28:39,760 --> 00:28:43,560
Speaker 1: taking that personal responsibility. It is your personal responsibility. What

498
00:28:43,680 --> 00:28:45,960
Speaker 1: we have seen is that even if you're vaccinated, you

499
00:28:46,080 --> 00:28:49,520
Speaker 1: can still get COVID. It doesn't prevent you from getting it.

500
00:28:50,120 --> 00:28:53,960
Speaker 1: And so what it does prevent is hospitalizations and deaths,

501
00:28:54,160 --> 00:28:57,680
Speaker 1: which was the original standard. And so if people are vaccinated,

502
00:28:57,720 --> 00:29:00,720
Speaker 1: that is awesome. But we cannot prevent people from going

503
00:29:00,840 --> 00:29:03,840
Speaker 1: to work just because they're not getting the vaccine if

504
00:29:03,880 --> 00:29:07,040
Speaker 1: they have something, some some reason why they can't. And

505
00:29:07,360 --> 00:29:09,040
Speaker 1: I don't know. I mean, I don't live in a state.

506
00:29:09,080 --> 00:29:10,800
Speaker 1: I live in a state where also the ninety percent

507
00:29:10,840 --> 00:29:13,479
Speaker 1: are vaccinated, but we still have to wear a mask. Right,

508
00:29:13,480 --> 00:29:16,800
Speaker 1: Speaking of which should should wish Rochelle Wilensky of your

509
00:29:16,880 --> 00:29:21,760
Speaker 1: home state of Massachusetts be sent back home? Well, you know,

510
00:29:21,960 --> 00:29:24,680
Speaker 1: I think it's very different when you run UM. I

511
00:29:24,760 --> 00:29:28,440
Speaker 1: have met her before. UM she is a phenomenal doctor. However,

512
00:29:28,600 --> 00:29:31,760
Speaker 1: I think that being in charge of eight people at

513
00:29:31,800 --> 00:29:35,280
Speaker 1: mass General is a very different position than being in

514
00:29:35,360 --> 00:29:39,000
Speaker 1: a limelight and really being in a political what has

515
00:29:39,080 --> 00:29:44,640
Speaker 1: been become a politicized position, and so UM, I have

516
00:29:44,760 --> 00:29:46,960
Speaker 1: a ton of respect for her, but I think that

517
00:29:47,440 --> 00:29:50,600
Speaker 1: um that position is just way too politicized for what

518
00:29:50,800 --> 00:29:52,880
Speaker 1: she used to do. You have a take on that, Genie.

519
00:29:52,920 --> 00:29:54,400
Speaker 1: I don't mean to put you on the spot there,

520
00:29:54,440 --> 00:29:56,600
Speaker 1: but the President seemed to acknowledge some of the messaging

521
00:29:56,640 --> 00:29:59,920
Speaker 1: problems coming out of the CDC. There are some substance

522
00:30:00,000 --> 00:30:02,040
Speaker 1: all and there have been messaging problems from the c

523
00:30:02,200 --> 00:30:04,680
Speaker 1: d C. You know, it is not an easy task

524
00:30:04,800 --> 00:30:07,240
Speaker 1: to take over at this time, and you know, I

525
00:30:07,360 --> 00:30:10,920
Speaker 1: think at this point they may be better served having

526
00:30:11,080 --> 00:30:15,960
Speaker 1: somebody who's experienced with communications, just like Jen Psaki speaks

527
00:30:16,000 --> 00:30:19,280
Speaker 1: for the president to have somebody speak for Rochelle will Wilensky.

528
00:30:19,440 --> 00:30:23,520
Speaker 1: She is a phenomenal to Jen's point, doctor, she's very experienced.

529
00:30:23,560 --> 00:30:26,720
Speaker 1: She brings a lot a lot to this position, but

530
00:30:26,880 --> 00:30:30,840
Speaker 1: communications has not been her skill and she hasn't excelled

531
00:30:30,880 --> 00:30:32,560
Speaker 1: at that. So they may be better off putting a

532
00:30:32,600 --> 00:30:35,760
Speaker 1: spokesperson in place through which they can get their message

533
00:30:35,760 --> 00:30:40,040
Speaker 1: out because consistency and communication does matter. And another big

534
00:30:40,080 --> 00:30:41,720
Speaker 1: story in the world of politics this week, and I

535
00:30:41,800 --> 00:30:43,880
Speaker 1: have to bring it up before we're done, because we

536
00:30:43,960 --> 00:30:46,880
Speaker 1: have the former chair of the Massachusetts GOP with us.

537
00:30:46,920 --> 00:30:50,720
Speaker 1: Of course, that's that's at least part of Jennifer's business card.

538
00:30:51,160 --> 00:30:54,320
Speaker 1: There was big news on the governor's race in Massachusetts,

539
00:30:54,360 --> 00:30:59,680
Speaker 1: where the Attorney General has jumped in. Listen to this Massachusetts.

540
00:31:00,160 --> 00:31:02,920
Speaker 1: I know the years of the pandemic have been really hard,

541
00:31:03,360 --> 00:31:06,280
Speaker 1: but I see a state that's coming together with courage,

542
00:31:06,400 --> 00:31:10,560
Speaker 1: grit and caring to do great things from Wooster to Wooburn,

543
00:31:11,160 --> 00:31:14,120
Speaker 1: Bedford's North Adams. Doesn't the music make you feel good

544
00:31:14,160 --> 00:31:19,760
Speaker 1: about yourself? Maura Healey Democrat Moura Heally widely anticipated, has

545
00:31:19,800 --> 00:31:24,080
Speaker 1: a big war chest. The narrative was that Labor Secretary

546
00:31:24,160 --> 00:31:25,920
Speaker 1: Marty Walsh was waiting to see if she was going

547
00:31:25,960 --> 00:31:29,560
Speaker 1: to jump In New York Times tweets, she is the

548
00:31:29,600 --> 00:31:31,720
Speaker 1: most well known candidate to end of the replace the

549
00:31:32,000 --> 00:31:36,080
Speaker 1: race to replace Governor Charlie Baker, a Republican who is

550
00:31:36,120 --> 00:31:39,840
Speaker 1: not seeking re election, of course, the most popular governor

551
00:31:39,920 --> 00:31:43,960
Speaker 1: in America, pulled routinely over the course of his tenure. Jennifer,

552
00:31:44,160 --> 00:31:50,520
Speaker 1: is she going to win? Well, Um, that's not yet say.

553
00:31:52,400 --> 00:31:54,720
Speaker 1: I will say, as the former tour of the Nazi

554
00:31:54,960 --> 00:31:58,400
Speaker 1: Republican Party, you can't say yes that you're not allowed

555
00:31:58,440 --> 00:32:01,320
Speaker 1: to say no. I can't. I can't say yes. And

556
00:32:01,440 --> 00:32:04,440
Speaker 1: I can say though that the Republican Party of Massachusetts

557
00:32:04,480 --> 00:32:07,240
Speaker 1: is a mass um. It's a disaster. And the person

558
00:32:07,400 --> 00:32:12,320
Speaker 1: who is um the the currently the only Kennedy is

559
00:32:12,720 --> 00:32:19,200
Speaker 1: not a qualified Kennedy. Jeff Deal is correct. On the

560
00:32:19,280 --> 00:32:22,240
Speaker 1: Democratic side, I do think she has some some problems

561
00:32:22,360 --> 00:32:25,800
Speaker 1: because number one, um, there is this curse of the

562
00:32:25,920 --> 00:32:29,920
Speaker 1: a G which is that there have been others that

563
00:32:30,080 --> 00:32:33,840
Speaker 1: have run for attorney general. Also, Massachusetts, by statute, the

564
00:32:33,920 --> 00:32:37,680
Speaker 1: attorney general cannot get cliptic salary after their second term,

565
00:32:38,120 --> 00:32:41,720
Speaker 1: which means that every attorney general then runs for governor.

566
00:32:42,280 --> 00:32:45,600
Speaker 1: Being attorney general does not translate the management experience does

567
00:32:45,640 --> 00:32:47,840
Speaker 1: not translate to being a governor. And that's true. But

568
00:32:47,960 --> 00:32:51,040
Speaker 1: Laura Heally is a pretty visible attorney general correct and

569
00:32:51,160 --> 00:32:54,000
Speaker 1: and and somewhat of a darling of of the liberal

570
00:32:54,320 --> 00:32:58,360
Speaker 1: Democratic Party in Massachusetts friends with Elizabeth Warren. Is there

571
00:32:58,400 --> 00:33:01,640
Speaker 1: not a little bit more juice there? You know? So like,

572
00:33:01,840 --> 00:33:04,400
Speaker 1: I definitely don't disagree with that, and I would say, yeah,

573
00:33:04,560 --> 00:33:07,320
Speaker 1: she she is definitely on on the face of it,

574
00:33:07,520 --> 00:33:11,680
Speaker 1: the front runner. However, UM Massachusetts, remember is not as

575
00:33:11,760 --> 00:33:15,760
Speaker 1: liberal as everyone would like to thank and everyone. That's right, right.

576
00:33:15,880 --> 00:33:18,840
Speaker 1: We we have a very the majority of the voters

577
00:33:18,880 --> 00:33:23,240
Speaker 1: are actually what we call unenrolled. They're not independent, they're unenrolled,

578
00:33:23,280 --> 00:33:25,959
Speaker 1: which means that they get to pick which primary they

579
00:33:26,000 --> 00:33:29,120
Speaker 1: want to they want to vote in on primary day

580
00:33:29,440 --> 00:33:31,840
Speaker 1: and so a lot of times those votes go because

581
00:33:31,920 --> 00:33:35,400
Speaker 1: they don't like one candidate, they vote for someone else

582
00:33:35,560 --> 00:33:37,880
Speaker 1: on purpose. And so we don't know where there as

583
00:33:37,960 --> 00:33:40,200
Speaker 1: voters are going. We don't know if they're going to

584
00:33:40,320 --> 00:33:44,080
Speaker 1: come out, and so you know, she she could potentially win,

585
00:33:44,560 --> 00:33:46,680
Speaker 1: but I don't know if that's where Massachusetts wants to

586
00:33:46,760 --> 00:33:50,520
Speaker 1: go over them or a general, if we're assuming this

587
00:33:50,600 --> 00:33:54,120
Speaker 1: is a general. Just before in the in the primary,

588
00:33:54,480 --> 00:33:57,040
Speaker 1: you don't know, she's running against two other women who

589
00:33:57,080 --> 00:33:59,840
Speaker 1: are both very intelligent. They're both also women of color,

590
00:34:00,200 --> 00:34:04,360
Speaker 1: and they're boots. There are also roughly all the same age. Um,

591
00:34:04,480 --> 00:34:06,320
Speaker 1: there are no men in a race other than on

592
00:34:06,360 --> 00:34:08,320
Speaker 1: the Republican side. So she has to get through the

593
00:34:08,360 --> 00:34:10,719
Speaker 1: primary first as long as those two women are still

594
00:34:10,760 --> 00:34:12,719
Speaker 1: in the race, and then when it comes to the

595
00:34:12,840 --> 00:34:15,680
Speaker 1: general election, we'll see. I'm still I'm still hoping that

596
00:34:15,880 --> 00:34:19,640
Speaker 1: we can fill a rabbit out of our half. Okay, interesting, Interesting,

597
00:34:19,719 --> 00:34:22,960
Speaker 1: So this could develop further. Genie, what's your take on this? Uh?

598
00:34:24,239 --> 00:34:29,520
Speaker 1: Mori Healy is not Martha Cokeley, the former attorney general, No,

599
00:34:29,800 --> 00:34:32,520
Speaker 1: she is not. You know, she enters this race as

600
00:34:32,600 --> 00:34:35,520
Speaker 1: something of an instant front runner on the you know,

601
00:34:35,680 --> 00:34:38,520
Speaker 1: in the entire race, because of course, to Jen's point,

602
00:34:38,640 --> 00:34:41,520
Speaker 1: they don't have a very strong candidate declared, at least

603
00:34:41,560 --> 00:34:44,200
Speaker 1: at this point on the Republican side. She is running

604
00:34:44,239 --> 00:34:47,239
Speaker 1: against two women of color who bring a lot to

605
00:34:47,520 --> 00:34:50,800
Speaker 1: the race. But she does have the name recognition, she

606
00:34:51,000 --> 00:34:54,399
Speaker 1: has the experience. So I think at this point, if

607
00:34:54,440 --> 00:34:57,399
Speaker 1: you were going to guess, you would say she's got

608
00:34:57,480 --> 00:35:00,759
Speaker 1: the money. She you know, she enters this leading. Of course,

609
00:35:00,880 --> 00:35:04,040
Speaker 1: a lot can change between now in November, but she

610
00:35:04,239 --> 00:35:06,359
Speaker 1: does have a very good at a very good shot

611
00:35:06,440 --> 00:35:09,160
Speaker 1: at this. And of course she has worked very hard

612
00:35:09,440 --> 00:35:12,759
Speaker 1: in her role as an Attorney general, and she has

613
00:35:12,800 --> 00:35:15,839
Speaker 1: sued x on Mobile, she has sued Perdue Pharma. These

614
00:35:15,880 --> 00:35:19,800
Speaker 1: have been you know, most watched UM and and and

615
00:35:20,520 --> 00:35:24,600
Speaker 1: you know, sort of nationally acclaimed UM positions she's taken.

616
00:35:24,680 --> 00:35:26,840
Speaker 1: And so she enters the race with a lot and

617
00:35:27,040 --> 00:35:29,960
Speaker 1: we have a lot of exciting gubernatorial races coming up,

618
00:35:30,040 --> 00:35:32,799
Speaker 1: and I lived in Massachusetts. That's one. New York has

619
00:35:32,840 --> 00:35:36,279
Speaker 1: another where Kathy Hokel is gonna try to win, uh,

620
00:35:36,480 --> 00:35:38,719
Speaker 1: you know, her first race as governor. And so there's

621
00:35:38,719 --> 00:35:40,680
Speaker 1: a lot of these races across the country that are

622
00:35:40,719 --> 00:35:43,440
Speaker 1: worth watching. You are right, that's taken down the Sackler

623
00:35:43,440 --> 00:35:45,279
Speaker 1: family is a pretty good story to tell right now

624
00:35:45,360 --> 00:35:47,680
Speaker 1: for Mora heally curious though, if you both agree with

625
00:35:47,760 --> 00:35:50,720
Speaker 1: the conventional wisdom. I'll ask you first, Jeanie, Marty Walsh

626
00:35:50,880 --> 00:35:54,360
Speaker 1: stays in Washington. I think he stays in Washington. I

627
00:35:54,440 --> 00:35:57,319
Speaker 1: think he stays coming on sound on to talk to you, Joe.

628
00:35:57,480 --> 00:35:59,560
Speaker 1: I think that's the reason he's not running. He wants

629
00:35:59,600 --> 00:36:01,800
Speaker 1: to remain in Washington. Come on, sound up. What do

630
00:36:01,880 --> 00:36:05,359
Speaker 1: you think, Jennifer, What did you tell you? I love

631
00:36:05,440 --> 00:36:08,560
Speaker 1: I love Genie's response. I think she's right. Although I

632
00:36:08,719 --> 00:36:12,600
Speaker 1: have to say my uh my wish would be that

633
00:36:13,040 --> 00:36:16,120
Speaker 1: our former mayor would come back to Massachusetts and run

634
00:36:16,200 --> 00:36:18,960
Speaker 1: for governor because he did a wonderful job in the

635
00:36:19,000 --> 00:36:20,759
Speaker 1: city of Sason. Here do you have it from the

636
00:36:20,880 --> 00:36:24,040
Speaker 1: former chair of the mass go Op, Jennifer Nassour. Thank you,

637
00:36:24,120 --> 00:36:27,160
Speaker 1: Jennifer for being here as well Jennie Chanzano. As always,

638
00:36:27,800 --> 00:36:30,640
Speaker 1: Bloomberg's sound On brought to you by New Jersey Institute

639
00:36:30,640 --> 00:36:33,960
Speaker 1: of Technology, which announced that renounced scholar and educational leader

640
00:36:34,040 --> 00:36:36,840
Speaker 1: Dr Tech Lim will join the university as n j

641
00:36:37,080 --> 00:36:39,480
Speaker 1: i t s ninth President. Learned more at n j

642
00:36:39,760 --> 00:36:43,400
Speaker 1: I T dot E. Du have a weekend. This is

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Speaker 1: Bloomberg