WEBVTT - DC Gala Attack Latest, US-Iran Talks at Stalemate 0:00:02.520 --> 0:00:07.000 Bloomberg Audio Studios, Podcasts, Radio News. 0:00:09.960 --> 0:00:13.160 Good morning, I'm Nathan Hager and I'm Karen Moscow. Here 0:00:13.160 --> 0:00:14.920 are the stories we're following today. 0:00:15.680 --> 0:00:17.600 Karen, we will have much more on a busy week 0:00:17.640 --> 0:00:19.880 from markets and the latest developments on the war with 0:00:20.000 --> 0:00:22.279 Iran in a moment, but we begin with the very 0:00:22.360 --> 0:00:24.599 latest on the shooting over the weekend at the White 0:00:24.600 --> 0:00:29.360 House Correspondence Association dinner. Bloomberg's Alexis Christopherus kicks off our 0:00:29.400 --> 0:00:30.160 team coverage. 0:00:30.200 --> 0:00:33.920 Alexis, the California man accused of opening fire at the 0:00:33.920 --> 0:00:37.599 White House Correspondence Association dinner, referred to himself as a 0:00:37.640 --> 0:00:40.920 friendly federal assassin in writing sent to family members just 0:00:41.040 --> 0:00:44.680 minutes before the shooting. Law enforcement officials say the writings 0:00:44.680 --> 0:00:48.800 made repeated references to President Trump without naming him directly. 0:00:49.120 --> 0:00:51.960 The President spoke on CBS's Sixty Minutes, where he weighed 0:00:52.000 --> 0:00:54.000 in on the alleged shooter's manifesto. 0:00:54.520 --> 0:00:59.560 He's radicalized. He was a Christian believer and then he 0:00:59.640 --> 0:01:02.319 became I'm an anti Christian and he had a lot 0:01:02.320 --> 0:01:05.120 of change. He's been going through a lot. Based on 0:01:05.160 --> 0:01:08.000 what he wrote. His brother complained about him, and I 0:01:08.000 --> 0:01:10.800 think reported him to the police, and his sister likewise 0:01:10.840 --> 0:01:14.560 complained about him his family, who was very concerned. He 0:01:14.800 --> 0:01:17.240 was probably a pretty sick guy. 0:01:17.720 --> 0:01:21.559 Acting Attorney General Todd blanche As investigators are still looking 0:01:21.600 --> 0:01:23.240 into the alleged shooter's motivation. 0:01:23.680 --> 0:01:27.640 We believe that he traveled by train from Los Angeles 0:01:27.720 --> 0:01:31.800 to Chicago and then Chicago to Washington, d C. And 0:01:31.880 --> 0:01:36.440 we've executed search warrants on his devices as well. We've 0:01:36.440 --> 0:01:39.399 started talking to folks that know him. 0:01:39.680 --> 0:01:43.200 Thirty one year old Cole Thomas Allen is in custody custody. 0:01:43.240 --> 0:01:45.520 He is set to be arraigned on felony charges later 0:01:45.600 --> 0:01:48.640 today in New York. Alexis Christophers Bloomberg Radio. 0:01:48.760 --> 0:01:51.000 All Right, Alexis, thank you well. According to a law 0:01:51.080 --> 0:01:55.400 enforcement intelligence profile reviewed by Bloomberg, Cole Thomas Allen spent 0:01:55.560 --> 0:02:00.480 years quietly acquiring his arsenal Bloomberg's Laura Davis use our 0:02:00.520 --> 0:02:01.400 team coverage. 0:02:01.440 --> 0:02:03.600 He's a thirty one year old from California. He took 0:02:03.640 --> 0:02:06.680 a train from the West Coast to Washington, d C. 0:02:06.880 --> 0:02:09.160 And was able to check into the hotel where the 0:02:09.200 --> 0:02:11.400 event was taking place a day early, and that's one 0:02:11.400 --> 0:02:14.200 of the ways he was able to avoid scrutiny and 0:02:14.240 --> 0:02:17.000 some of the security coming into the building. You know, 0:02:17.040 --> 0:02:20.760 he has allegedly written this manifesto that Bloomberg News has seen, 0:02:20.800 --> 0:02:24.720 which calls Trump a trader and also refers to himself 0:02:25.040 --> 0:02:28.920 as a potential assassin, but it's not clear exactly what 0:02:29.000 --> 0:02:29.800 his motives were. 0:02:30.080 --> 0:02:34.040 Bloomberg's Laura Davison says Alan earned a mechanical engineering degree 0:02:34.080 --> 0:02:36.720 from cal Tech in twenty seventeen and was pursuing a 0:02:36.760 --> 0:02:41.160 master's degree in computer science at California State University, Domingez 0:02:41.240 --> 0:02:43.040 Hills as recently as last year. 0:02:43.200 --> 0:02:45.200 Well, Karen, as you can imagine, it was a frightening 0:02:45.240 --> 0:02:48.760 time for the thousands attending the dinner. David Gura was 0:02:48.800 --> 0:02:51.640 among them, covering the event for Bloomberg this weekend and 0:02:51.720 --> 0:02:53.239 continues our team coverage. 0:02:53.560 --> 0:02:56.720 The ballroom, which is in the basement of the Washington Hilton, 0:02:56.800 --> 0:02:59.079 was packed. It's about twenty six hundred people and we 0:02:59.320 --> 0:03:01.800 milled a bound, gathered around our tables, taken our seats, 0:03:01.840 --> 0:03:04.000 and then there were speeches. The president of the White 0:03:04.000 --> 0:03:07.639 House Correspondents Association spoke and we were digging into our salads. 0:03:07.680 --> 0:03:11.160 When in the corridor beyond the ballroom. We heard the 0:03:11.200 --> 0:03:13.880 sound of gunfire, and those of us who heard that 0:03:14.040 --> 0:03:17.360 noticed it wondered what was happening. That was most eerie 0:03:17.400 --> 0:03:19.560 was the silence that kind of descended on the room 0:03:19.639 --> 0:03:23.000 as those doors to the corridor busted open, and we 0:03:23.040 --> 0:03:25.800 saw police and Secret Service coming in with their weapons drawn, 0:03:25.840 --> 0:03:28.520 and they made their way through the well of this 0:03:28.639 --> 0:03:31.320 ballroom to the stage. They did that by knocking over chairs, 0:03:31.320 --> 0:03:34.480 stepping on tables, making their way onto the stage, and 0:03:34.520 --> 0:03:36.880 we saw the President, other dignitaries along with the reporters 0:03:36.920 --> 0:03:40.040 who remembers of the White House Corresponds Association Executive Board 0:03:40.080 --> 0:03:43.560 taken off of that stage, and then Secret Service with 0:03:43.600 --> 0:03:46.200 their guns drawn again pointed them at the audience as 0:03:46.200 --> 0:03:48.080 they looked to see if there was anyone with a 0:03:48.160 --> 0:03:49.240 gun in the audience as well. 0:03:49.440 --> 0:03:51.960 And Bloomberg This Weekend host David Gera notes the White 0:03:51.960 --> 0:03:55.360 House Correspondent's Association president Wi Jajang said the board would 0:03:55.440 --> 0:03:58.920 meet quote to assess what happened and determine how to proceed. 0:03:59.080 --> 0:04:01.960 Well, Nathan, President Trump is arguing the chaos and the 0:04:02.000 --> 0:04:05.720 Correspondence dinner shows why the White House needs a new ballroom, 0:04:05.760 --> 0:04:07.720 and the President made the case in an interview with 0:04:07.800 --> 0:04:08.560 Fox News. 0:04:09.000 --> 0:04:12.840 Military and Secret Service have wanted it for many years, 0:04:12.880 --> 0:04:14.520 and I'm getting it built. 0:04:14.720 --> 0:04:17.600 And the one good thing is that now everybody knows 0:04:17.600 --> 0:04:18.880 how badly needed it is. 0:04:19.279 --> 0:04:22.320 President Trump's ballroom would be used for state dinners and 0:04:22.360 --> 0:04:25.200 other events planned by the White House if it's built. 0:04:25.240 --> 0:04:29.000 The Correspondence Dinner is organized by the White House Correspondence Association, 0:04:29.400 --> 0:04:32.200 which is an outside group. Last month, of federal judge 0:04:32.279 --> 0:04:35.320 ordered construction halted on the ballroom until President Trump gets 0:04:35.360 --> 0:04:38.800 approval from Congress. The Justice Department filed yesterday for the 0:04:38.880 --> 0:04:41.560 lawsuit to be dismissed, citing the attack on the dinner. 0:04:41.880 --> 0:04:43.640 We're going to turn now care into the latest from 0:04:43.640 --> 0:04:45.560 the Middle East. There may be a new development. With 0:04:45.600 --> 0:04:48.600 the US Israeli war with Iran nearing the two month mark, 0:04:49.000 --> 0:04:51.919 Axios is reporting the Tehran is signaling it's willing to 0:04:51.960 --> 0:04:54.640 accept an interim deal with the US where it would 0:04:54.640 --> 0:04:57.520 reopen the strait of horror moves if the US lifts 0:04:57.560 --> 0:05:01.279 its blockade of Iranian ports. The report says Iran's told 0:05:01.320 --> 0:05:04.880 mediators in Pakistan that negotiations over its nuclear program could 0:05:04.880 --> 0:05:07.480 be dealt with later. We get More from Bloomberg's Juwmana 0:05:07.480 --> 0:05:08.520 Barsecci in Dubai. 0:05:08.839 --> 0:05:13.039 What Iran are putting forwards via the mediators is not 0:05:13.480 --> 0:05:19.359 an end or a solution to these peace discussions. In fact, 0:05:19.400 --> 0:05:22.800 it is just the conditions under which the negotiations with 0:05:22.839 --> 0:05:25.560 the US can continue. So you know, it's important to 0:05:25.600 --> 0:05:28.120 make that distinction. What they're saying here is in order 0:05:28.160 --> 0:05:30.640 for them to come back to the negotiating table, these 0:05:30.680 --> 0:05:32.560 are the conditions that need to be satisfied. 0:05:32.920 --> 0:05:36.960 Bloomberg's Jamana Barsecci reporting from Dubai. Iran's foreign minister Abas 0:05:37.000 --> 0:05:39.520 Saragchi is now in Russia for a meeting with President 0:05:39.600 --> 0:05:42.920 Vladimir Putin. With the US talks now at an impasse. 0:05:42.839 --> 0:05:45.479 Moneith and amid the showering relations between the US and 0:05:45.520 --> 0:05:48.520 the UK over the war in Iran, King Charles is 0:05:48.600 --> 0:05:52.120 visiting Washington to try to restore the relationship. Begin More 0:05:52.160 --> 0:05:55.000 from bloombergs U and Pons in London. You and good morning, 0:05:55.720 --> 0:05:56.400 Karen and Nathan. 0:05:56.480 --> 0:05:59.320 To say the US UK special relationship is going through 0:05:59.400 --> 0:06:01.800 something of a rough patch would be a little bit 0:06:01.839 --> 0:06:05.719 of British under statement. King Charles arrives in Washington today 0:06:05.760 --> 0:06:08.440 against the backdrop of relations with the United States at 0:06:08.480 --> 0:06:13.039 a multi decade low point. President Trump has mocked prominence 0:06:13.080 --> 0:06:16.200 of kist Arma as weak and unreliable for refusing to 0:06:16.279 --> 0:06:19.359 join the initial strikes on Iran, and he's threatened to 0:06:19.400 --> 0:06:22.080 reopen the trade deal signed with the UK last year. 0:06:22.400 --> 0:06:24.840 We do know that Donald Trump has spoken warmly about 0:06:24.880 --> 0:06:28.520 the King, calling him a fantastic man. Whether any of 0:06:28.600 --> 0:06:32.520 that royal magic helps heal the relationship between the countries, well, 0:06:32.600 --> 0:06:34.920 that remains to be seen in London. I'm you in 0:06:34.920 --> 0:06:36.040 pots Bloomberg Radio. 0:06:36.160 --> 0:06:37.119 Okay, you and thanks. 0:06:37.200 --> 0:06:39.920 Let's update markets now as we begin this new trading week. 0:06:40.040 --> 0:06:43.440 Right now, oil is on the rise. Brent is up 0:06:43.480 --> 0:06:45.960 more than two percent at one hundred and seven dollars 0:06:46.040 --> 0:06:48.920 eighty two cents of barrel. West Texas Center Media's hired 0:06:48.960 --> 0:06:51.520 by two percent as well, at ninety six twenty eight. 0:06:51.920 --> 0:06:55.080 Stock futures are mixed, with the Dow futures down about 0:06:55.080 --> 0:06:57.279 a tenth of a percent, but equities head into the 0:06:57.279 --> 0:07:00.279 week at record highs. Chip stocks have gained for eighteen 0:07:00.560 --> 0:07:03.800 straight sessions, and it's another busy week for earnings, with 0:07:03.880 --> 0:07:09.120 a focus on tech, specifically the mag seven Bloomberg's Charlie Pellett. 0:07:08.800 --> 0:07:13.880 Reports Wednesday, it's Alphabet, Microsoft, Amazon and Meta platforms. Thursday 0:07:13.880 --> 0:07:17.440 it's Apple. Amy wou Silverman is head of Derivative Strategy 0:07:17.440 --> 0:07:19.160 at RBC Capital Markets. 0:07:19.440 --> 0:07:23.360 Just from a concentration perspective, that really has the ability 0:07:23.440 --> 0:07:26.520 to pump up the market even more. We're really watching 0:07:26.640 --> 0:07:30.760 that bid to call options, particularly in tech, because once 0:07:30.800 --> 0:07:35.120 you see that start going, it typically begets more upside momentum, 0:07:35.200 --> 0:07:35.760 not less. 0:07:35.880 --> 0:07:40.440 Also this week earnings from Caterpillar, Chevron, General Motors, NXP 0:07:40.680 --> 0:07:46.600 Semiconductor ups and Verizon in New York. Charlie Pellett's Bloomberg Radio. 0:07:46.800 --> 0:07:48.840 All right, Charlie, thank you. In addition to the slew 0:07:48.880 --> 0:07:51.760 of big tech earnings, investors will have a FED decision 0:07:51.800 --> 0:07:53.640 to look forward to, and we get a preview with 0:07:53.680 --> 0:07:55.320 the Bloombergs Michael McKee. 0:07:55.560 --> 0:07:57.760 This will be one of the most widely followed FED 0:07:57.800 --> 0:08:00.440 meetings in years, not because the Central Bank is going 0:08:00.480 --> 0:08:03.360 to do anything. Rates won't change. They're not going to 0:08:03.360 --> 0:08:06.840 issue new economic forecasts or a dot plot. But it 0:08:06.880 --> 0:08:09.400 is likely to be Chairman J. Powell's last at the 0:08:09.400 --> 0:08:13.000 helm of the Policymaking Open Market Committee and his last 0:08:13.040 --> 0:08:16.840 news conference before his term as chair ends on May fifteenth. 0:08:16.920 --> 0:08:19.000 It is possible, of course, he'll stay on his chair 0:08:19.040 --> 0:08:21.720 for a bit if successor Kevin Worsh is not confirmed 0:08:21.760 --> 0:08:24.200 by the Senate in time. Wall Street will want to 0:08:24.200 --> 0:08:27.400 know if Powell thinks that will change the rate calculus 0:08:27.440 --> 0:08:30.080 at all, as well as the thinking around the table 0:08:30.440 --> 0:08:33.800 about the impact of the Iran war and tariffs. Investors 0:08:33.920 --> 0:08:36.280 and even folks at the FED will be listing for 0:08:36.360 --> 0:08:39.520 any hints about whether Powell will remain at the FED itself. 0:08:40.000 --> 0:08:42.280 His term on the Board of Governors doesn't end until 0:08:42.280 --> 0:08:44.679 twenty twenty eight. Michael McKee, Bloomberg Radio. 0:08:44.720 --> 0:08:47.040 All right, Mike, thanks for Kevin Walsh's path to succeed 0:08:47.080 --> 0:08:49.600 Powell's chair just got a little easier. We get that 0:08:49.720 --> 0:08:53.160 story from Bloomberg's John Tucker. John, what's the latest, right. 0:08:53.160 --> 0:08:57.280 Nathan Will Republicans Sadator Tom Tillis dropping his blockade of 0:08:57.320 --> 0:09:01.520 Worsh's nomination to head the FED. Tillis now seems satisfied 0:09:01.559 --> 0:09:04.880 after receiving assurances from the Justice Department that they're ending 0:09:04.920 --> 0:09:08.079 a criminal probe targeting FED share Jerome Powell. 0:09:08.559 --> 0:09:11.880 They have made it very clear that the current investigation 0:09:12.200 --> 0:09:14.080 is completely and fully ended. 0:09:14.480 --> 0:09:17.079 Altil has appeared on the NBC's Meet the Press Heard 0:09:17.120 --> 0:09:20.040 here on Bloomberg Radio. He had called the criminal probe 0:09:20.040 --> 0:09:23.560 been attack on the central banks independence. The Senate Banking 0:09:23.600 --> 0:09:27.400 Committee has scheduled a vote on Warsha's nomination for Wednesday. 0:09:27.720 --> 0:09:29.280 I'm John Tucker, Bloomberg Radio. 0:09:29.480 --> 0:09:32.000 All right, John, thank you. The tensions between Elon Musk 0:09:32.040 --> 0:09:34.600 and Sam Altman are front and center of this week, 0:09:34.640 --> 0:09:38.120 as Musk's case against open Ai and it's backer Microsoft 0:09:38.160 --> 0:09:41.280 hits to trial. Bloomberg's Lisa Mateo has more. 0:09:41.320 --> 0:09:44.000 The biggest feud in tech is headed to court. Elon 0:09:44.120 --> 0:09:47.320 Musk has tried just about everything to undermine Sam Altman's 0:09:47.400 --> 0:09:50.800 leadership at OpenAI, the company they founded together more than 0:09:50.840 --> 0:09:54.640 a decade ago. Must launched a rival artificial intelligence startup, 0:09:54.880 --> 0:09:58.840 made an unsolicited and unsuccessful ninety seven billion dollar bid 0:09:58.840 --> 0:10:01.400 for the company, and his waging a legal battle. 0:10:01.559 --> 0:10:02.440 So what's at stake? 0:10:02.720 --> 0:10:05.800 Musk's lawsuit against open Ai is looking to unwind the 0:10:05.840 --> 0:10:09.840 company's for profit conversion and could cost open Ai big money, 0:10:10.000 --> 0:10:13.080 as well as trigger and overhaul of the chat GBT maker. 0:10:13.360 --> 0:10:16.120 Musk has also asked that Altman be removed from his 0:10:16.280 --> 0:10:20.080 roles at the company. Lisa Matteo, Bloomberg Radio Lisa Thanks. 0:10:20.080 --> 0:10:22.679 In another big tech development, China has decided to block 0:10:22.760 --> 0:10:26.840 meta platforms two billion dollar acquisition of agentic Ai startup 0:10:27.000 --> 0:10:29.760 MANUS analysts say it's a surprise move to unwind a 0:10:29.800 --> 0:10:32.600 controversial deal that had drawn fire for the leakage of 0:10:32.640 --> 0:10:34.240 technology to the US. 0:10:37.679 --> 0:10:39.440 Time now for look at some of the other stories 0:10:39.440 --> 0:10:41.560 making news in New York and around the world, and 0:10:41.600 --> 0:10:44.600 for that we're joined by Bloomberg's Michael Barr. Michael, good Morning, 0:10:44.760 --> 0:10:45.640 Good morning Karen. 0:10:45.760 --> 0:10:48.679 At least two people have died from a severe tornado 0:10:48.720 --> 0:10:52.200 producing storm that hit in northern Texas, and many homes 0:10:52.240 --> 0:10:55.480 have sustained major damage. The storm came through the town 0:10:55.600 --> 0:10:59.120 of Runaway Bay over the weekend, killing one person. Weiss 0:10:59.120 --> 0:11:02.480 County Judge Ad Clark says that about twenty families are 0:11:02.480 --> 0:11:05.120 displaced as search and rescue efforts continued. 0:11:05.520 --> 0:11:11.240 Texas weather it can devastate in an instant, and unfortunately, 0:11:11.280 --> 0:11:12.760 we've seen that here in Runaway Bay. 0:11:13.320 --> 0:11:16.880 The storm also hit the Springtown area, where a second 0:11:16.880 --> 0:11:22.240 person died in Brooklyn Park, Minnesota. Authorities, including the FAA 0:11:22.400 --> 0:11:26.160 and the NTSB our investigating a plane crash that left 0:11:26.240 --> 0:11:29.560 two people dead, one of whom was North Dakota State 0:11:29.640 --> 0:11:34.040 lawmaker Representative Liz Conmy, near Crystal Airport over the weekend. 0:11:34.360 --> 0:11:37.360 According to early reports, the plane, a single engine beach 0:11:37.520 --> 0:11:41.120 F thirty three a, departed Crystal Airport and crashed soon 0:11:41.200 --> 0:11:44.760 after in a small park northwest of the airfield, bursting 0:11:44.760 --> 0:11:47.720 into flames. This man lives near the Crystal Airport. 0:11:47.880 --> 0:11:49.559 I always listened to him, you know, because it just 0:11:49.600 --> 0:11:52.160 didn't sound right. Light was cutting out, and all of 0:11:52.160 --> 0:11:54.520 a sudden thump and a crash or a crunch, you 0:11:54.559 --> 0:11:56.439 know when I go to any right now, went around 0:11:56.440 --> 0:11:58.640 the house, looked up and there was a big orange ball. 0:11:59.160 --> 0:12:02.000 While both people on board the plane. Parish Brooklyn Park 0:12:02.040 --> 0:12:04.160 officials say no one was injured on the ground, and 0:12:04.240 --> 0:12:08.240 the airport resumed normal operations a short time later. A 0:12:08.280 --> 0:12:10.760 search and rescue effort is underway off the shores of 0:12:10.800 --> 0:12:14.320 Massachusetts after a crew member fell off a cruise ship 0:12:14.400 --> 0:12:18.840 late Saturday night. The US Coast Guards Southeastern New England 0:12:18.880 --> 0:12:22.080 sector has been searching for the crew member. Norwegian Cruise 0:12:22.120 --> 0:12:26.240 Lines say that the ship security cameras caught the fall 0:12:26.360 --> 0:12:29.440 from one of the upper decks. Global news twenty four 0:12:29.480 --> 0:12:31.400 hours a day and whenever you want it with the 0:12:31.400 --> 0:12:34.800 Bloomberg News Now Michael Barr and this is Bloomberg Karen. 0:12:35.400 --> 0:12:36.000 Thanks Michael. 0:12:36.000 --> 0:12:38.760 A time now for our Bloomberg Sports update, and for 0:12:38.920 --> 0:12:40.720 that we bring in John stash. 0:12:40.440 --> 0:12:43.559 Hour as Karin. A quartet of NBA playoff game fours, 0:12:43.600 --> 0:12:47.280 including the Celtics winning by thirty two in Philadelphia. They 0:12:47.280 --> 0:12:50.000 had an earlier winning this series by thirty one. Boston 0:12:50.040 --> 0:12:52.840 leads the series three games to one. San Antonio up 0:12:52.880 --> 0:12:54.760 three to one this first game from nineteen down to 0:12:54.800 --> 0:12:58.080 win in Portland. The Lakers lead three games that won. 0:12:58.120 --> 0:13:01.480 They lost Game four in Houston, Toronto b Cleveland. That 0:13:01.520 --> 0:13:05.080 series tied to two Stanley Cup playoffs Buffalo, Colorado and 0:13:05.120 --> 0:13:07.240 Tampa Bay, all one on the road. The Abs won 0:13:07.280 --> 0:13:10.600 their series of a sweep. Anaheim won in overtime with Edmonton. 0:13:10.679 --> 0:13:11.920 That's a Bloomberg Sports update. 0:13:13.440 --> 0:13:16.320 Stay with us. More from Bloomberg Day Break coming up 0:13:16.520 --> 0:13:17.280 after this. 0:13:21.440 --> 0:13:25.400 Coast to coast on Bloomberg Radio, nationwide on Sirius XM, 0:13:25.600 --> 0:13:28.640 and around the world on Bloomberg dot Com and The 0:13:28.679 --> 0:13:33.320 Bloomberg Business app This is Bloomberg Daybreak and now. 0:13:33.200 --> 0:13:35.720 We have more on our top story this morning. The 0:13:35.760 --> 0:13:38.720 suspect of the White House Correspondence dinner shooting is due 0:13:38.720 --> 0:13:41.920 in court today. He has been identified as thirty one 0:13:42.000 --> 0:13:45.800 year old Cole Thomas Allen. Police a open fire at 0:13:45.800 --> 0:13:48.640 the Washington Hilton where more than twenty five hundred people 0:13:48.720 --> 0:13:52.480 gathered Saturday night, and David Gura was covering the event 0:13:52.520 --> 0:13:53.239 for Bloomberg. 0:13:53.760 --> 0:13:56.920 The ballroom, which is in the basement of the Washington Hilton, 0:13:57.000 --> 0:13:59.160 was packed it. It's about twenty six hundred people and 0:13:59.240 --> 0:14:02.040 we milled a back, gathered around our tables, taking our seats, 0:14:02.040 --> 0:14:04.160 and then there were speeches. The president of the White 0:14:04.200 --> 0:14:07.400 House Correspondents Association spoke, and we were digging into our 0:14:07.440 --> 0:14:11.240 salads when in the corridor beyond the ballroom we heard 0:14:11.280 --> 0:14:14.000 the sound of gunfire, and those of us who heard 0:14:14.000 --> 0:14:16.880 that noticed it wondered what was happening. And that was 0:14:16.960 --> 0:14:19.360 most eerie was the silence that kind of descended on 0:14:19.400 --> 0:14:22.480 the room as those doors to the corridor busted open, 0:14:22.720 --> 0:14:25.080 and we saw police and Secret Service coming in with 0:14:25.120 --> 0:14:27.280 their weapons drawn, and they made their way through the 0:14:27.320 --> 0:14:30.440 well of this ballroom to the stage They did that 0:14:30.440 --> 0:14:33.440 by knocking over chairs, stepping on tables, making their way 0:14:33.920 --> 0:14:36.280 onto the stage, and we saw the President, other dignitaries 0:14:36.320 --> 0:14:38.480 along with the reporters who remembers the White House Corresponds 0:14:38.520 --> 0:14:41.880 Association Executive Board taken off of that stage, and then 0:14:42.960 --> 0:14:45.840 Secret Service with their guns drawn again pointed them at 0:14:45.840 --> 0:14:47.200 the audience as they looked to see if there was 0:14:47.240 --> 0:14:50.160 anyone with a gun in the audience as well. All 0:14:50.200 --> 0:14:54.640 the while, guests were quick to move onto the ground, 0:14:54.760 --> 0:14:58.120 some ducked beneath tables, and we were left in that 0:14:58.240 --> 0:15:01.520 moment of silence, wondering what was happening and what was 0:15:01.560 --> 0:15:03.600 going to happen next, and there wasn't clear guidance. Over 0:15:03.600 --> 0:15:06.560 the next fifteen or twenty minutes, I was seated on 0:15:06.640 --> 0:15:08.760 the rim of that room. Again it looks kind of 0:15:08.800 --> 0:15:10.640 like a well. The bulk of the tables are a 0:15:10.680 --> 0:15:12.680 little bit lower than where I was on this mezzanine 0:15:12.680 --> 0:15:16.840 surrounding it. After about fifteen minutes, law enforcement again came 0:15:16.880 --> 0:15:19.400 through those doors and told many of us that we 0:15:19.440 --> 0:15:21.000 had to leave, rushed us out of the room, and 0:15:21.040 --> 0:15:23.040 we went up a set of escalators and other set 0:15:23.080 --> 0:15:26.200 of escalators to the lobby and waited wondering what was 0:15:26.240 --> 0:15:28.400 going to happen next. There were reports at the time 0:15:29.120 --> 0:15:31.760 that the President wanted to come back out and have 0:15:31.840 --> 0:15:34.600 the event continue as it was scheduled, so we were 0:15:34.600 --> 0:15:35.840 waiting to see if that was the case. Some of 0:15:35.960 --> 0:15:38.440 us tried to get back downstairs. We were rebuffed in 0:15:38.480 --> 0:15:41.640 those efforts, and it became clear once we were able 0:15:41.680 --> 0:15:44.480 to use our cell phones was very difficult to get 0:15:44.520 --> 0:15:47.600 service that because of protocol, they weren't going to continue 0:15:47.680 --> 0:15:50.040 with the event. And then in another fifteen minutes time 0:15:50.160 --> 0:15:52.800 or so, the rest of the guests at the dinner, 0:15:52.920 --> 0:15:56.760 and we're talking about journalists and members of Congress, diplomats, 0:15:57.080 --> 0:15:59.440 business leaders began to make their way back up to 0:15:59.480 --> 0:16:02.440 the lobby. Once again, there was just an incredible presence 0:16:02.480 --> 0:16:05.760 of law enforcement outside of this hotel, which is in 0:16:05.840 --> 0:16:08.040 downtown Washington. D C was also the site of where 0:16:08.120 --> 0:16:11.600 Ronald Reagan was shot in March of nineteen eighty one. 0:16:12.240 --> 0:16:14.640 Then began another round of chaos as people tried to 0:16:14.720 --> 0:16:17.160 leave Connecticut Avenue, this major thoroughfare was closed down. It 0:16:17.200 --> 0:16:19.960 was very difficult to get a car or a taxi 0:16:20.040 --> 0:16:22.720 back to hotels. So again throngs of people, more than 0:16:22.760 --> 0:16:24.680 two thousand people just trying to find their way back 0:16:24.720 --> 0:16:28.000 to their hotels. After this, we got worded that the 0:16:28.000 --> 0:16:29.800 President was going to speak to the press at the 0:16:29.840 --> 0:16:31.680 White House, and some members of the White House Press 0:16:31.680 --> 0:16:34.480 Corps headed back to the White House for that briefing, 0:16:34.520 --> 0:16:37.680 and the President was there alongside the Vice President, Jady Vance, 0:16:37.680 --> 0:16:39.840 who was also at the dinner, members of the cabinet 0:16:39.880 --> 0:16:42.240 as well. The Acting Attorney General Todd Blanche was there 0:16:42.400 --> 0:16:44.440 with Cash Pateel, the head of the FBI. Marco Rubio, 0:16:44.480 --> 0:16:47.080 the Secretary of State, was there as well, and the 0:16:47.120 --> 0:16:50.240 President was very gracious in his remarks about the President 0:16:50.280 --> 0:16:52.640 of the White House Correspondents Association dinner. He said he 0:16:52.720 --> 0:16:55.000 was pleased with the event and really wanted it to 0:16:55.040 --> 0:16:58.080 continue again. Protocol prohibited that from happening, but he said 0:16:58.080 --> 0:16:59.680 within the next thirty days he wanted to have that 0:16:59.720 --> 0:17:03.840 dinner rescheduled once again. He said that he wouldn't allow 0:17:03.880 --> 0:17:05.920 someone to tear apart the fabric of society that would 0:17:05.920 --> 0:17:08.960 prevent something like that from happening. He delivered those remarks. 0:17:09.000 --> 0:17:10.560 The bulk of the questions from the reporters in that 0:17:10.640 --> 0:17:13.200 room had to do with the President, having lived through 0:17:13.960 --> 0:17:16.359 a couple of events like this before that attempt on 0:17:16.400 --> 0:17:19.360 his life in Butler, Pennsylvania, another instant at a golf 0:17:19.440 --> 0:17:22.080 course of his in Florida where law enforcement killed somebody 0:17:22.080 --> 0:17:24.879 who had a gun on that golf course. The present 0:17:24.960 --> 0:17:30.080 very contemplative, introspective about that, sharing his thoughts on the 0:17:30.119 --> 0:17:33.960 prospect of him being targeted. Once before and before the 0:17:34.040 --> 0:17:36.960 night ended, we had some clarity on who the suspect was, 0:17:37.000 --> 0:17:38.920 and in broad strokes they identified him as a thirty 0:17:38.920 --> 0:17:42.240 one year old male from Torrents, California. Then on Sunday morning, 0:17:42.240 --> 0:17:45.679 Todd Blanche, the Acting Attorney General, went on television and 0:17:45.960 --> 0:17:48.720 shared a bit more information about what they'd learned about 0:17:48.760 --> 0:17:51.800 this suspect. He'd traveled from California to Washington, d C. 0:17:52.160 --> 0:17:54.760 Via train. The guns that he had he'd purchased eight 0:17:54.800 --> 0:17:57.600 months ago, and he was staying in the Washington Hilton. 0:17:58.119 --> 0:18:02.080 In that hotel, the US Attorney for the Distct of Columbia, 0:18:02.119 --> 0:18:04.920 Jenane Piro, said in remarks that she made at the 0:18:05.000 --> 0:18:09.000 Hilton after the incident took place. She anticipates filing two 0:18:09.040 --> 0:18:13.119 charges against the suspect on Monday and invoke the spector 0:18:13.119 --> 0:18:14.880 of there being more charges as they learn more about 0:18:14.920 --> 0:18:18.080 both the suspect himself and what transpired there. But a 0:18:18.200 --> 0:18:21.400 very sobering night here in Washington, DC. 0:18:22.000 --> 0:18:24.639 And that's Bloomberg's David Gera, who says police Day, the 0:18:24.760 --> 0:18:29.520 suspects spent years quietly acquiring his arsenal Nathan. 0:18:29.320 --> 0:18:31.240 All right, Karen, thank you. We want to get more 0:18:31.359 --> 0:18:34.560 now on what we are learning in the aftermath of 0:18:34.680 --> 0:18:37.560 the events on Saturday night at the Washington Hilton. Joining 0:18:37.640 --> 0:18:41.560 us now as Bloomberg News Deputy Washington Bureau chief Laura Davis. 0:18:41.600 --> 0:18:45.240 And Laura, we heard a bit about what we've started 0:18:45.240 --> 0:18:48.639 to learn about this suspect. What more are we hearing 0:18:48.760 --> 0:18:51.280 is we await his first court appearance today. 0:18:51.320 --> 0:18:53.520 Good morning, Good morning. 0:18:53.560 --> 0:18:56.040 Yes, we're waiting to hear more details about what his 0:18:56.200 --> 0:18:58.439 motive was and what his targets might have been in 0:18:58.480 --> 0:19:01.920 this There is a manifesto that the Bloomberg News has 0:19:01.920 --> 0:19:06.240 reviewed that seems to suggest that the the attacker here 0:19:06.240 --> 0:19:09.200 referred to Trump as a trader and referred to himself 0:19:09.280 --> 0:19:13.439 as a potential assassin. It's not at all clear, you know, 0:19:13.520 --> 0:19:18.240 exactly kind of what sort of the ideological methods and 0:19:18.520 --> 0:19:21.119 motives were but these are these are details that may 0:19:21.119 --> 0:19:23.240 come out as we hear more in the arrangement and 0:19:23.400 --> 0:19:26.520 additional charges that may be filed. There were two preliminary 0:19:26.520 --> 0:19:30.480 felon accounts that he was charged with related to to 0:19:30.760 --> 0:19:34.280 his handling of weapons charged over the weekend, but we 0:19:34.320 --> 0:19:36.840 have heard from prosecutors that they anticipate that more charges 0:19:37.080 --> 0:19:39.959 are still to come, so lots of details there. They 0:19:40.000 --> 0:19:44.159 also searched his house over the weekend in California, so 0:19:44.200 --> 0:19:47.639 there may be additional evidence as that comes out. There's also, 0:19:47.960 --> 0:19:50.120 you know, reports that the family is cooperating and they 0:19:50.200 --> 0:19:52.840 have actually tipped off the police to to some of 0:19:52.920 --> 0:19:54.760 as actions. So there's there's a lot of pieces that 0:19:54.800 --> 0:19:58.520 investigators are putting together as we speak here. But there's 0:19:58.760 --> 0:20:02.520 you know, sort of a always the questions are raised 0:20:02.560 --> 0:20:05.000 after an event like this of you know, what went wrong? 0:20:05.160 --> 0:20:08.120 What is you know sort of the Secret Service's response 0:20:08.160 --> 0:20:11.520 to this. In past incidents, we've seen top officials at 0:20:11.520 --> 0:20:14.320 the Secret Services their jobs, step down, resign. That is 0:20:14.359 --> 0:20:16.359 not the indication we're getting, at least so far from 0:20:16.400 --> 0:20:18.800