1
00:00:00,080 --> 00:00:02,440
Speaker 1: We bring you news and analysis every day on the

2
00:00:02,520 --> 00:00:05,520
Speaker 1: Sound On podcasts, but now you can get the latest

3
00:00:05,559 --> 00:00:09,680
Speaker 1: news on demand whenever you want it. Subscribe to Bloomberg

4
00:00:09,760 --> 00:00:12,400
Speaker 1: News Now to get the latest headlines at the click

5
00:00:12,440 --> 00:00:15,760
Speaker 1: of a button. Get informed on your schedule. You can

6
00:00:15,840 --> 00:00:18,640
Speaker 1: listen and subscribe to Bloomberg News Now on the Bloomberg

7
00:00:18,680 --> 00:00:22,640
Speaker 1: Business app, Bloomberg dot com plus Apple, Spotify, and anywhere

8
00:00:22,640 --> 00:00:25,759
Speaker 1: else you get your podcasts. Search Bloomberg News Now and

9
00:00:25,800 --> 00:00:26,720
Speaker 1: subscribe Today.

10
00:00:27,880 --> 00:00:31,360
Speaker 2: You're listening to the Bloomberg Sound On podcast. Catch us

11
00:00:31,400 --> 00:00:34,560
Speaker 2: live weekdays at one Eastern on Bloomberg dot com, the

12
00:00:34,640 --> 00:00:37,760
Speaker 2: iHeartRadio app, and the Bloomberg Business App, or listen on

13
00:00:37,800 --> 00:00:39,919
Speaker 2: demand wherever you get your podcasts.

14
00:00:41,360 --> 00:00:45,800
Speaker 1: Reports earlier of sirens blaring in northern Israel, we've had

15
00:00:45,840 --> 00:00:49,840
Speaker 1: some conflicting reports coming out of the aircraft had penetrated

16
00:00:50,159 --> 00:00:54,000
Speaker 1: the country's airspace. That is apparently not the case. Israel

17
00:00:54,200 --> 00:00:58,760
Speaker 1: just ruling out now officially in airspace infiltration in the north.

18
00:00:59,160 --> 00:01:03,400
Speaker 1: We're just hearing that from the IDF Israeli jets, according

19
00:01:03,440 --> 00:01:06,280
Speaker 1: to Bloomberg, and we're reading this on the terminal here

20
00:01:06,400 --> 00:01:10,640
Speaker 1: together did strike targets in Lebanon after the militia there

21
00:01:10,720 --> 00:01:14,600
Speaker 1: launched guided missiles at an army post in northern Israel,

22
00:01:14,720 --> 00:01:19,920
Speaker 1: underscoring what Chairman McCall just said. Now it appears we

23
00:01:19,959 --> 00:01:22,920
Speaker 1: have breaking news coming from Capitol Hill as well. I

24
00:01:22,959 --> 00:01:25,000
Speaker 1: want to be careful with this now, but things are

25
00:01:25,080 --> 00:01:28,440
Speaker 1: moving quickly. As I mentioned in the race for speaker

26
00:01:28,880 --> 00:01:32,040
Speaker 1: coming down to Steve Scalise and Jim Jordan. We are

27
00:01:32,080 --> 00:01:37,040
Speaker 1: already getting reports now that Steve Scalise is going to

28
00:01:37,080 --> 00:01:40,840
Speaker 1: win the Republican nomination for House Speaker. Remembering this was

29
00:01:41,400 --> 00:01:46,080
Speaker 1: the vote today behind closed doors, before this goes into

30
00:01:46,280 --> 00:01:49,480
Speaker 1: the House Chamber for a real vote in public as

31
00:01:49,520 --> 00:01:52,960
Speaker 1: soon as tomorrow. The Republican Conference did not want to

32
00:01:52,960 --> 00:01:55,320
Speaker 1: bring that vote to the floor unless they knew the outcome.

33
00:01:55,800 --> 00:01:59,320
Speaker 1: And here we are now with the first report from

34
00:01:59,360 --> 00:02:03,520
Speaker 1: Axios that Steve Scalise has won the Republican nomination for

35
00:02:03,560 --> 00:02:06,360
Speaker 1: House Speaker. We're going to get to General Ponaro here,

36
00:02:06,400 --> 00:02:07,960
Speaker 1: but I have to bring in the panel with this

37
00:02:08,040 --> 00:02:12,480
Speaker 1: breaking story. Rick Davis, Bloomberg Politics contributor and Republican strategist,

38
00:02:12,919 --> 00:02:15,840
Speaker 1: is with us in New York at World Headquarters. Genie

39
00:02:15,840 --> 00:02:18,000
Speaker 1: Shanzano in New York as well, if we can get

40
00:02:18,040 --> 00:02:23,560
Speaker 1: to Rick on this breaking story here, pretty remarkable speed, Rick,

41
00:02:23,600 --> 00:02:27,160
Speaker 1: in a narrative that has changed incredibly quickly since this

42
00:02:27,240 --> 00:02:30,000
Speaker 1: time yesterday, when we thought it would take days, if

43
00:02:30,000 --> 00:02:34,640
Speaker 1: not weeks. This follows a vote earlier, a vote against

44
00:02:35,000 --> 00:02:39,840
Speaker 1: increasing the threshold that would be required for a candidate

45
00:02:39,880 --> 00:02:41,120
Speaker 1: to win this nomination.

46
00:02:41,480 --> 00:02:42,680
Speaker 3: What's your first reaction.

47
00:02:43,200 --> 00:02:46,720
Speaker 4: Yeah, I think it's amazingly quick. But the key thing

48
00:02:46,760 --> 00:02:50,000
Speaker 4: is what you said, Joe, which is a rule was

49
00:02:50,080 --> 00:02:53,600
Speaker 4: defeated that was offered by Chip Roy that required the

50
00:02:53,680 --> 00:02:59,680
Speaker 4: caucus to require two hundred and seventeen votes for anybody

51
00:02:59,680 --> 00:03:03,680
Speaker 4: to be ported out by the caucus, therefore ensuring that

52
00:03:03,800 --> 00:03:08,440
Speaker 4: whoever is the recommendation by the caucus could actually win

53
00:03:08,520 --> 00:03:13,720
Speaker 4: the speakership. That was defeated, opening the gates for Steve

54
00:03:13,760 --> 00:03:17,360
Speaker 4: Scalise to win. He was opposed to that measure and

55
00:03:17,480 --> 00:03:20,080
Speaker 4: Jim Jordan was for it, and so it was a

56
00:03:20,080 --> 00:03:23,680
Speaker 4: bit of a proxy fight. And when that did not pass,

57
00:03:24,160 --> 00:03:27,480
Speaker 4: then it only required a majority of those voting at

58
00:03:27,520 --> 00:03:30,960
Speaker 4: the caucus to make a recommendation. But you pointed out

59
00:03:31,000 --> 00:03:33,760
Speaker 4: the key thing, Joe, this is just a recommendation. The

60
00:03:33,760 --> 00:03:39,120
Speaker 4: caucus is under its rules required to support whoever comes

61
00:03:39,120 --> 00:03:43,000
Speaker 4: out of this caucus vote whoever gets the majority. So technically,

62
00:03:43,520 --> 00:03:45,560
Speaker 4: these Republics are going to march down to the floor,

63
00:03:45,800 --> 00:03:48,600
Speaker 4: probably pretty quick, take a vote, and two hundred and

64
00:03:48,680 --> 00:03:50,840
Speaker 4: twenty of them are going to vote for Steven Scalise.

65
00:03:51,600 --> 00:03:54,880
Speaker 4: We're not sure that's actually going to happen. Kevin McCarthy

66
00:03:54,880 --> 00:03:59,040
Speaker 4: couldn't make that magic work, and so the next hurdle

67
00:03:59,480 --> 00:04:02,560
Speaker 4: is the key hurdle for success to reach the speakership.

68
00:04:02,560 --> 00:04:03,520
Speaker 5: If you're Steve.

69
00:04:03,280 --> 00:04:07,600
Speaker 1: Scalise, remarkable, if you're just joining us on Bloomberg Radio

70
00:04:07,720 --> 00:04:10,880
Speaker 1: and on YouTube, we do have breaking news. Steve Scalise

71
00:04:10,880 --> 00:04:13,320
Speaker 1: has won the Republican nomination to be the next speaker.

72
00:04:13,360 --> 00:04:15,200
Speaker 1: That's ahead of a floor vote that has yet to

73
00:04:15,200 --> 00:04:17,840
Speaker 1: be scheduled, though as we were just suggesting it might

74
00:04:17,880 --> 00:04:22,000
Speaker 1: be tomorrow, certainly as soon as tomorrow. Steve Scalise said

75
00:04:22,040 --> 00:04:24,200
Speaker 1: earlier he was confident we would have a speaker by

76
00:04:24,240 --> 00:04:26,039
Speaker 1: the end of the day. Genie, how did this change

77
00:04:26,080 --> 00:04:27,239
Speaker 1: so quickly under our feet?

78
00:04:28,720 --> 00:04:31,360
Speaker 6: You know, I think the reality is is that Steve

79
00:04:31,440 --> 00:04:36,880
Speaker 6: Scalise has enormous institutional and organizational advantages here that Jim

80
00:04:36,960 --> 00:04:40,200
Speaker 6: Jordan just simply did not have and when that rule

81
00:04:40,240 --> 00:04:43,120
Speaker 6: went down, it paved the way for him to win

82
00:04:43,160 --> 00:04:46,480
Speaker 6: the majority of the caucus. And that's why Scalisee's folks

83
00:04:46,680 --> 00:04:49,920
Speaker 6: were whipping so hard against that rule and for support.

84
00:04:50,320 --> 00:04:53,520
Speaker 6: So I think, you know, this is a positive sign,

85
00:04:53,560 --> 00:04:56,960
Speaker 6: and we have to say that cautiously that what has

86
00:04:57,080 --> 00:05:01,440
Speaker 6: always mattered in the House fundraising, the ability to whip,

87
00:05:01,680 --> 00:05:04,839
Speaker 6: the ability to lead the caucus, the ability to push

88
00:05:04,920 --> 00:05:08,760
Speaker 6: through an agenda, all those things matter. The key question

89
00:05:08,880 --> 00:05:11,960
Speaker 6: now is can he get the two seventeen to eighteen

90
00:05:12,040 --> 00:05:15,000
Speaker 6: needed on the floor to push this through. This would

91
00:05:15,040 --> 00:05:19,680
Speaker 6: be an enormous embarrassment for the Republican Party if they

92
00:05:19,720 --> 00:05:22,479
Speaker 6: march down to that floor and he doesn't get the

93
00:05:22,560 --> 00:05:24,920
Speaker 6: votes needed, and we are back to where we were

94
00:05:24,920 --> 00:05:28,719
Speaker 6: in January, with you know, vote after vote after vote,

95
00:05:28,800 --> 00:05:30,880
Speaker 6: and then him being in a position of having to

96
00:05:30,920 --> 00:05:34,720
Speaker 6: strike deals like Kevin McCarthy. They need to avoid that.

97
00:05:34,720 --> 00:05:37,760
Speaker 6: That is the next test for Republicans. Can he keep

98
00:05:37,800 --> 00:05:41,080
Speaker 6: them in lockstep here, move this to a quick four

99
00:05:41,200 --> 00:05:44,200
Speaker 6: vote and wrap this up. Be named Speaker and move

100
00:05:44,240 --> 00:05:45,640
Speaker 6: forward to the business of the people.

101
00:05:47,120 --> 00:05:50,400
Speaker 1: Rick the vote one thirteen to ninety nine. What does

102
00:05:50,440 --> 00:05:53,320
Speaker 1: that tell you about what Steve Scalise is in for

103
00:05:53,480 --> 00:05:54,040
Speaker 1: on the floor.

104
00:05:54,200 --> 00:05:56,440
Speaker 4: He's got some work to do. I mean, he's not

105
00:05:56,600 --> 00:06:00,320
Speaker 4: even close to eighteen needed to win the speakership, and

106
00:06:00,400 --> 00:06:04,320
Speaker 4: so it'll be interesting to see whether or not the

107
00:06:04,480 --> 00:06:10,040
Speaker 4: temporary speaker allows some time to repair and reach out

108
00:06:10,080 --> 00:06:14,719
Speaker 4: across the caucus to try to work on getting to

109
00:06:14,760 --> 00:06:18,040
Speaker 4: the floor with a with a with a two eighteen vote.

110
00:06:18,320 --> 00:06:21,640
Speaker 4: Genie's right, I mean, this is something that Kevin McCarthy,

111
00:06:21,640 --> 00:06:25,479
Speaker 4: who was considered at the top of his game, couldn't accomplish.

112
00:06:25,560 --> 00:06:29,279
Speaker 4: There is a lot of pressure that exists today because

113
00:06:29,320 --> 00:06:33,920
Speaker 4: of the events in Israel and the pending government shut

114
00:06:33,960 --> 00:06:38,280
Speaker 4: down if they don't pass a spending bill. So there

115
00:06:38,360 --> 00:06:40,920
Speaker 4: is a lot more pressure today than there was when

116
00:06:41,000 --> 00:06:43,839
Speaker 4: Kevin McCarthy tried to get the vote for himself in

117
00:06:43,960 --> 00:06:47,080
Speaker 4: January of last this year. So we'll see if that

118
00:06:47,120 --> 00:06:49,479
Speaker 4: pressure can actually get people to come to grips with

119
00:06:49,520 --> 00:06:53,080
Speaker 4: the fact that this is a dysfunctional caucus that needs

120
00:06:53,120 --> 00:06:56,760
Speaker 4: to show up and actually start working, and that requires

121
00:06:56,839 --> 00:06:59,680
Speaker 4: a speaker in the job, and it requires it to happen.

122
00:07:01,160 --> 00:07:03,000
Speaker 1: Well, I'll tell you what, Junie, After what we've seen

123
00:07:03,040 --> 00:07:05,919
Speaker 1: from this conference, and Rick is reminding us to be

124
00:07:06,040 --> 00:07:08,599
Speaker 1: careful here. A lot of things could still happen. And

125
00:07:08,720 --> 00:07:12,000
Speaker 1: considering that margin and some of the shenanigans that we've

126
00:07:12,040 --> 00:07:15,480
Speaker 1: seen just in the last week from Matt Gates and

127
00:07:15,560 --> 00:07:19,680
Speaker 1: his colleagues here, I'm not ruling out anything, and I

128
00:07:19,720 --> 00:07:21,840
Speaker 1: suspect that you are as well. If your name is

129
00:07:21,920 --> 00:07:26,800
Speaker 1: Patrick McHenry or even Kevin McCarthy, you still see some

130
00:07:27,080 --> 00:07:29,800
Speaker 1: potential opportunities here, or maybe you're fearing them.

131
00:07:29,840 --> 00:07:34,200
Speaker 6: Either way, Yeah, that's right, and you know you're absolutely

132
00:07:34,280 --> 00:07:37,800
Speaker 6: right as is Rick. We can expect potentially maybe some

133
00:07:38,040 --> 00:07:39,480
Speaker 6: drama on the floor.

134
00:07:39,840 --> 00:07:40,040
Speaker 5: You know.

135
00:07:40,120 --> 00:07:42,520
Speaker 6: One of the interesting things from the meeting last night,

136
00:07:42,880 --> 00:07:46,200
Speaker 6: both Steve Scalise and Jim Jordan said the words that

137
00:07:46,240 --> 00:07:48,640
Speaker 6: apparently Matt Gates did not want to hear or the

138
00:07:48,680 --> 00:07:52,640
Speaker 6: other seven, we may need a cr to keep the

139
00:07:52,680 --> 00:07:56,200
Speaker 6: government open past November seventeenth. I don't know if that's

140
00:07:56,240 --> 00:07:58,920
Speaker 6: going to be any better coming out of their mouths

141
00:07:58,960 --> 00:08:01,840
Speaker 6: than it was Kevin McCay, but you know, that is

142
00:08:01,880 --> 00:08:05,400
Speaker 6: the type of thing that may withhold or cause them

143
00:08:05,400 --> 00:08:08,320
Speaker 6: to withhold some votes. And so he does have some

144
00:08:08,440 --> 00:08:11,320
Speaker 6: ground to make up here. But again we can't stress

145
00:08:11,480 --> 00:08:16,080
Speaker 6: enough the embarrassment to the Republican Party if they come

146
00:08:16,120 --> 00:08:19,800
Speaker 6: to the floor and do this all over again. They

147
00:08:19,960 --> 00:08:23,360
Speaker 6: need to try to hang together, you know, you know

148
00:08:23,520 --> 00:08:26,040
Speaker 6: Democrats are going to do that. And by the way,

149
00:08:26,080 --> 00:08:28,760
Speaker 6: you mentioned Kevin McCarthy, he has not made this smooth

150
00:08:28,800 --> 00:08:32,080
Speaker 6: sailing for Steve Scalise. He's been flirting with the idea

151
00:08:32,360 --> 00:08:35,960
Speaker 6: of potentially being open to a nomination now pulling it back.

152
00:08:36,280 --> 00:08:38,440
Speaker 6: You know you've been talking to him. He's going back

153
00:08:38,480 --> 00:08:41,200
Speaker 6: and forth on this. They've got to get their act

154
00:08:41,240 --> 00:08:45,000
Speaker 6: together and Steve Scalise really has to try to hold

155
00:08:45,040 --> 00:08:48,360
Speaker 6: these folks together and move this forward. And maybe the

156
00:08:48,400 --> 00:08:51,200
Speaker 6: pressure of what's going on around the world is just

157
00:08:51,280 --> 00:08:53,840
Speaker 6: what they need to hang together. But I wouldn't be

158
00:08:53,920 --> 00:08:56,000
Speaker 6: surprised if we see more drama when they get to

159
00:08:56,080 --> 00:08:56,520
Speaker 6: the floor.

160
00:08:57,720 --> 00:08:59,160
Speaker 3: So we'll see if they get to the floor.

161
00:08:59,240 --> 00:09:02,679
Speaker 1: Of course, Rick, that was an interesting move to knock

162
00:09:02,760 --> 00:09:07,359
Speaker 1: down the idea of raising the threshold to two seventeen.

163
00:09:07,400 --> 00:09:09,280
Speaker 1: It would have made it much more difficult for Steve

164
00:09:09,320 --> 00:09:12,800
Speaker 1: Scalise or Jim Jordan to win that nomination today. What

165
00:09:12,960 --> 00:09:16,240
Speaker 1: was the strategy? Brian Fitzpatrick and Chip Roy were the

166
00:09:16,280 --> 00:09:21,080
Speaker 1: two lawmakers who wanted to change that threshold. What was

167
00:09:21,080 --> 00:09:21,920
Speaker 1: the strategy there?

168
00:09:22,080 --> 00:09:26,520
Speaker 4: Yeah, the concept there was to make sausage behind closed doors.

169
00:09:27,880 --> 00:09:31,280
Speaker 4: You know, when Kevin McCarthy took fifteen ballots to get

170
00:09:31,320 --> 00:09:34,040
Speaker 4: to the speakership, it was because he couldn't get to

171
00:09:34,080 --> 00:09:36,560
Speaker 4: that two eighteen number, and we got to watch it

172
00:09:36,600 --> 00:09:39,600
Speaker 4: on c SPAN, and as entertaining as it was, it

173
00:09:39,720 --> 00:09:42,760
Speaker 4: made the party look in total disarray and weakened him

174
00:09:42,800 --> 00:09:43,480
Speaker 4: as a speaker.

175
00:09:44,160 --> 00:09:46,200
Speaker 1: So why did Steve Scalise oppose it?

176
00:09:47,480 --> 00:09:50,200
Speaker 4: Steve Scalise supposed it because he couldn't get in his

177
00:09:50,280 --> 00:09:51,719
Speaker 4: mind to seventeen.

178
00:09:52,480 --> 00:09:53,959
Speaker 1: So now he's going to be blowing in the wind

179
00:09:54,040 --> 00:09:56,320
Speaker 1: on the House floor potentially, Like Kevin McCarthy was.

180
00:09:56,360 --> 00:09:58,839
Speaker 4: Right, Hey, politics is about living to fight another day.

181
00:09:58,880 --> 00:10:03,000
Speaker 4: He gets to now walking as the choice of the

182
00:10:03,040 --> 00:10:06,000
Speaker 4: Republican caucus again with a rule that says, if you're

183
00:10:06,040 --> 00:10:08,200
Speaker 4: a Republican on the floor, you're supposed to vote for

184
00:10:08,880 --> 00:10:13,200
Speaker 4: that person. And sure there may be some mopping up

185
00:10:13,240 --> 00:10:16,079
Speaker 4: to do, but at a minimum, you would think he

186
00:10:16,120 --> 00:10:19,320
Speaker 4: could replicate the Kevin McCarthy two ten that he got

187
00:10:19,360 --> 00:10:22,840
Speaker 4: when when he was challenged for speaker, and then the

188
00:10:22,920 --> 00:10:25,440
Speaker 4: question is you know, can he find another eight votes?

189
00:10:25,440 --> 00:10:28,280
Speaker 4: And so I did think it was really interesting that

190
00:10:28,360 --> 00:10:31,400
Speaker 4: Kevin McCarthy had to walk out this morning. His people

191
00:10:31,400 --> 00:10:36,079
Speaker 4: have been supporting Jim Jordan and say, oh no, I'm

192
00:10:36,080 --> 00:10:37,960
Speaker 4: not gonna I'm not gonna put my name in the

193
00:10:38,000 --> 00:10:40,520
Speaker 4: nomination after sort of implying yesterday that they did. Because

194
00:10:40,880 --> 00:10:43,959
Speaker 4: everybody I talked to thought that really undercut Jordan. Jordan

195
00:10:44,080 --> 00:10:45,640
Speaker 4: was sort of the guy who was going to take

196
00:10:45,720 --> 00:10:48,920
Speaker 4: up the more conservative side of the McCarthy mantle, and

197
00:10:49,000 --> 00:10:52,680
Speaker 4: McCarthy was lobbying a little bit against Scalise. So I mean, like,

198
00:10:52,760 --> 00:10:55,720
Speaker 4: this isn't caucus that is still just as divided today

199
00:10:56,080 --> 00:10:58,040
Speaker 4: after this vote as it was going into it.

200
00:10:58,320 --> 00:10:59,360
Speaker 5: So it'll and and.

201
00:10:59,280 --> 00:11:01,160
Speaker 4: Now the good news for us is we get to

202
00:11:01,200 --> 00:11:03,120
Speaker 4: watch it all unfold on c SPAN again.

203
00:11:05,280 --> 00:11:07,640
Speaker 1: If only we could have all the cameras we had

204
00:11:07,679 --> 00:11:10,720
Speaker 1: back in January. All right, Rick Davis and Jeanie Shanzana,

205
00:11:10,760 --> 00:11:12,520
Speaker 1: we're going to stay with us here. We're painting out

206
00:11:12,520 --> 00:11:14,680
Speaker 1: of a couple of buckets today our other major story.

207
00:11:14,960 --> 00:11:16,760
Speaker 1: And we didn't expect we'd have this breaker on the

208
00:11:16,760 --> 00:11:20,320
Speaker 1: speaker for you, Steve Scalise winning the nomination to be speaker,

209
00:11:20,640 --> 00:11:23,400
Speaker 1: setting up a full floor vote. We've also, of course,

210
00:11:23,440 --> 00:11:28,320
Speaker 1: got a rapidly developing situation in Israel. Those same lawmakers

211
00:11:28,400 --> 00:11:31,679
Speaker 1: who were in the conference to vote for Steve Scalise,

212
00:11:31,720 --> 00:11:34,160
Speaker 1: along with their Democratic colleagues, were briefed at eight thirty

213
00:11:34,160 --> 00:11:37,559
Speaker 1: this morning. Michael McCall, who chairs the Foreign Affairs Committee's

214
00:11:37,559 --> 00:11:39,160
Speaker 1: going to join us a bit later on this hour,

215
00:11:39,640 --> 00:11:42,360
Speaker 1: expressed two major concerns when he emerged from that meeting,

216
00:11:42,360 --> 00:11:45,960
Speaker 1: he was the moderator as the administration delivered the source material.

217
00:11:46,280 --> 00:11:51,480
Speaker 1: Michael McCall says it was an intelligence failure. Egypt warned

218
00:11:51,640 --> 00:11:54,560
Speaker 1: Israel three days before this happened. Why did nothing happen?

219
00:11:55,120 --> 00:11:57,439
Speaker 1: And also the potential for escalation as he points to

220
00:11:57,480 --> 00:12:00,200
Speaker 1: concerns about what's happening in the North. I asked on

221
00:12:00,320 --> 00:12:05,280
Speaker 1: Kirby yesterday on Bloomberg's Balance of power about concerns of

222
00:12:05,400 --> 00:12:09,680
Speaker 1: escalation with the gerald Ford Carrier strike group now steaming

223
00:12:10,000 --> 00:12:13,080
Speaker 1: toward the eastern Mediterranean. Now apparently the IKE is on

224
00:12:13,120 --> 00:12:16,640
Speaker 1: its way to the US s Eisenhower reportedly also steaming

225
00:12:16,679 --> 00:12:20,239
Speaker 1: in that direction, and he made very clear that America

226
00:12:20,320 --> 00:12:23,440
Speaker 1: had strict guidelines on the level of involvement that we

227
00:12:23,480 --> 00:12:24,520
Speaker 1: will see in Gaza.

228
00:12:24,559 --> 00:12:25,280
Speaker 3: Here's what he said.

229
00:12:25,440 --> 00:12:28,960
Speaker 7: There's absolutely no intention, no plan to put American boots

230
00:12:29,000 --> 00:12:31,560
Speaker 7: on the ground in this conflict in Israel. But we

231
00:12:31,640 --> 00:12:34,200
Speaker 7: do have serious national security interests that we have to

232
00:12:34,240 --> 00:12:36,280
Speaker 7: make sure that we have the options to protect if

233
00:12:36,280 --> 00:12:36,680
Speaker 7: we need to.

234
00:12:38,120 --> 00:12:40,880
Speaker 1: The idea of escalation, though, does make us wonder when

235
00:12:40,880 --> 00:12:44,240
Speaker 1: we see headlines today Israeli jets striking targets at Lebanon

236
00:12:44,280 --> 00:12:47,160
Speaker 1: after the militia there launched guided missiles at an army

237
00:12:47,200 --> 00:12:52,000
Speaker 1: post in northern Israel. There were reports of another incursion

238
00:12:52,040 --> 00:12:54,600
Speaker 1: in the air to the north that Israel said did

239
00:12:54,640 --> 00:12:57,559
Speaker 1: not pan out to be true. Let's bring in Arnold Panaro,

240
00:12:57,640 --> 00:13:00,719
Speaker 1: the retired two star Marine Corps major general, back with us.

241
00:13:01,080 --> 00:13:04,319
Speaker 1: On Bloomberg, former staff director of the Senate Armed Services Committee,

242
00:13:04,440 --> 00:13:07,920
Speaker 1: author of the book The Ever Shrinking Fight Force. General,

243
00:13:07,960 --> 00:13:10,160
Speaker 1: it's great to see you, and we welcome you back.

244
00:13:10,320 --> 00:13:13,440
Speaker 1: I wonder if you share those same concerns as Chairman

245
00:13:13,520 --> 00:13:17,800
Speaker 1: McCall as we prepare for a ground invasion in Gaza.

246
00:13:18,320 --> 00:13:21,160
Speaker 8: Well, Joe, I certainly do. And Chairman McCall is one

247
00:13:21,200 --> 00:13:25,760
Speaker 8: of the most capable, most thoughtful, most insightful national security

248
00:13:25,840 --> 00:13:27,880
Speaker 8: leaders we have in the Congress. And let me just

249
00:13:27,920 --> 00:13:31,680
Speaker 8: start though by saying I identify with the tremendous insights

250
00:13:31,679 --> 00:13:33,880
Speaker 8: that Ricky and Genie just gave you. And one of

251
00:13:33,880 --> 00:13:36,400
Speaker 8: the reasons why it's so important to get a speaker

252
00:13:36,440 --> 00:13:39,440
Speaker 8: as quickly as possible is Congress has not passed any

253
00:13:39,440 --> 00:13:42,200
Speaker 8: of the funding bills. Our departner of the Fence, the

254
00:13:42,240 --> 00:13:46,680
Speaker 8: Ford Carrier, Stripe Group, the Stripe Group, they're operating under

255
00:13:46,720 --> 00:13:50,000
Speaker 8: a continuing resolution at last year's level. The Pentagon is

256
00:13:50,080 --> 00:13:53,520
Speaker 8: losing over three billion dollars a month in purchasing power.

257
00:13:54,120 --> 00:13:56,480
Speaker 8: The world is in flames. We have a war in Europe,

258
00:13:56,480 --> 00:13:57,920
Speaker 8: we have a war in the Middle East, we have

259
00:13:58,040 --> 00:14:02,680
Speaker 8: sheet genping threatening Taiwan, and the Congress hasn't passed and

260
00:14:02,720 --> 00:14:05,480
Speaker 8: now we're worried about another cr and we've got a

261
00:14:05,520 --> 00:14:08,640
Speaker 8: fund Israel. The United States needs to basically do whatever

262
00:14:08,920 --> 00:14:14,839
Speaker 8: it takes politically, diplomatically, financially, and frankly militarily to basically

263
00:14:14,920 --> 00:14:19,440
Speaker 8: protect the state of Israel. And frankly, I'm really disappointed

264
00:14:19,440 --> 00:14:22,880
Speaker 8: in Kirby, who I have great respect for. You never

265
00:14:22,960 --> 00:14:26,240
Speaker 8: take anything off the table militarily and if Lebanon and

266
00:14:26,280 --> 00:14:29,360
Speaker 8: Iran try to escalate. The United States should make it

267
00:14:29,480 --> 00:14:31,080
Speaker 8: very clear. And I think one of the reasons we

268
00:14:31,160 --> 00:14:33,880
Speaker 8: have a carry a battle group in the Eastern med

269
00:14:34,360 --> 00:14:37,240
Speaker 8: is so that if they try something, they will pay

270
00:14:37,280 --> 00:14:40,800
Speaker 8: severe consequences. And so while you may not certainly want

271
00:14:40,800 --> 00:14:42,760
Speaker 8: boots on the ground, we certainly have a lot of

272
00:14:42,800 --> 00:14:46,800
Speaker 8: capability if Iran or his Boah or Siri or anybody

273
00:14:46,800 --> 00:14:50,000
Speaker 8: else starts stirring the pot. But Mike, but Chairman McCall

274
00:14:50,080 --> 00:14:53,520
Speaker 8: is legitimately and should be concerned. But I think there's

275
00:14:53,520 --> 00:14:55,040
Speaker 8: some would be some counters to that.

276
00:14:55,200 --> 00:14:59,920
Speaker 1: Over well, talk to me more about that. The idea

277
00:15:00,080 --> 00:15:03,960
Speaker 1: of projecting American power with a carrier strike group is

278
00:15:04,000 --> 00:15:07,880
Speaker 1: not unique. But in this case, are we providing command

279
00:15:07,880 --> 00:15:10,680
Speaker 1: and control operations? Are we actually standing by fueling up

280
00:15:10,680 --> 00:15:12,480
Speaker 1: fighter jets in case something happens here?

281
00:15:12,560 --> 00:15:14,040
Speaker 3: This is clearly not an air war yet.

282
00:15:15,120 --> 00:15:17,760
Speaker 8: Well, look, we have tremendous command and control in the

283
00:15:17,760 --> 00:15:20,160
Speaker 8: Middle East because we've been operating in the Middle East

284
00:15:20,160 --> 00:15:24,200
Speaker 8: for years, We've had you know, air command and control

285
00:15:25,520 --> 00:15:28,960
Speaker 8: through many wars and through many operations. We've got that.

286
00:15:29,160 --> 00:15:32,320
Speaker 8: Now we've got major base operations there. So we have

287
00:15:32,480 --> 00:15:35,640
Speaker 8: command and control capability for our forces, and we certainly

288
00:15:35,640 --> 00:15:39,200
Speaker 8: are in a position to share needed information with our

289
00:15:39,200 --> 00:15:44,040
Speaker 8: allies and partners like Israel. So and you know, there

290
00:15:44,040 --> 00:15:46,720
Speaker 8: was some additional capability. Frank Kendall, the Secretary of the

291
00:15:46,760 --> 00:15:50,960
Speaker 8: Air Force, in a public session at the Atlantic Council yesterday,

292
00:15:51,080 --> 00:15:55,920
Speaker 8: mentioned that we're maintaining beefed up presence with fighter and

293
00:15:56,040 --> 00:15:58,080
Speaker 8: other command and control elements in.

294
00:15:58,040 --> 00:15:58,560
Speaker 5: The Middle East.

295
00:15:58,640 --> 00:16:01,960
Speaker 8: So the United States is doing the right thing putting

296
00:16:01,960 --> 00:16:03,960
Speaker 8: more force in the area.

297
00:16:05,280 --> 00:16:07,440
Speaker 1: When you hear that the IKE is now steaming that

298
00:16:07,480 --> 00:16:10,800
Speaker 1: way as well, we're talking about two carrier groups here.

299
00:16:10,800 --> 00:16:14,040
Speaker 1: In general, this is an enormous amount of firepower we're

300
00:16:14,080 --> 00:16:16,600
Speaker 1: sending to that part of the world. When you start

301
00:16:16,640 --> 00:16:19,000
Speaker 1: looking at the long game here, does it point to Iran?

302
00:16:21,720 --> 00:16:24,760
Speaker 8: Well, certainly, I think you know, you don't need to

303
00:16:24,760 --> 00:16:27,960
Speaker 8: have access to highly class about information to understand that

304
00:16:28,040 --> 00:16:32,240
Speaker 8: Iran has basically organized, trained, and equipped hamas not just

305
00:16:32,280 --> 00:16:34,200
Speaker 8: in the last couple of months, not just in the

306
00:16:34,280 --> 00:16:38,240
Speaker 8: last year, but for decades. Certainly has Ballah and certainly

307
00:16:38,320 --> 00:16:41,720
Speaker 8: the Hoodies and other terrorist groups. So Iran is at

308
00:16:41,880 --> 00:16:45,760
Speaker 8: the root cause of all these problems. And frankly they've

309
00:16:45,760 --> 00:16:48,240
Speaker 8: gotten to the point now where they've got over ninety

310
00:16:48,280 --> 00:16:51,760
Speaker 8: percent some people say close to ninety five percent enriched uranium.

311
00:16:52,120 --> 00:16:54,120
Speaker 8: We're gonna have to deal with Iran at some point,

312
00:16:54,320 --> 00:16:58,360
Speaker 8: and so they are the basically root cause of all

313
00:16:58,400 --> 00:17:01,240
Speaker 8: of the issues going on right now with Hamas.

314
00:17:02,960 --> 00:17:06,000
Speaker 1: Jake Sullivan at the White House, a national security advisor

315
00:17:06,000 --> 00:17:09,840
Speaker 1: says the US does not have specific information linking Iran

316
00:17:10,320 --> 00:17:14,880
Speaker 1: to this attack. Chairman McCall did make that reference earlier,

317
00:17:14,880 --> 00:17:17,080
Speaker 1: and he made a similar point that you did. If

318
00:17:17,160 --> 00:17:20,639
Speaker 1: you're a citizen of the world, you're aware of this relationship.

319
00:17:20,720 --> 00:17:24,080
Speaker 1: And he's calling on the administration to quote unquote refreeze

320
00:17:24,640 --> 00:17:28,119
Speaker 1: the six billion dollars that were part of this prisoner swap.

321
00:17:28,760 --> 00:17:30,920
Speaker 1: How important will it be general for the White House,

322
00:17:30,920 --> 00:17:34,639
Speaker 1: for the Administration to provide evidence, or the government of

323
00:17:34,680 --> 00:17:38,840
Speaker 1: Israel for that matter, to provide evidence to show that

324
00:17:38,920 --> 00:17:41,960
Speaker 1: link between Hamas Iran and this attack.

325
00:17:43,200 --> 00:17:45,119
Speaker 8: Well, I probably may be in a minority, but I

326
00:17:45,160 --> 00:17:47,720
Speaker 8: don't think it's important at all. Everybody knows the runs

327
00:17:47,800 --> 00:17:50,800
Speaker 8: behind this. They've been going after the United States since

328
00:17:50,840 --> 00:17:54,040
Speaker 8: they took our hostages when Jimmy Carter was president. We

329
00:17:54,200 --> 00:17:56,480
Speaker 8: know that they're the most malign actor. We know they

330
00:17:56,520 --> 00:17:59,840
Speaker 8: have huge surpluses because of this sale of oil which

331
00:17:59,880 --> 00:18:02,720
Speaker 8: was supposed to be sanctioned, but the sanctions haven't operated.

332
00:18:02,800 --> 00:18:04,760
Speaker 8: I take that six million dollars and I'd give it

333
00:18:04,800 --> 00:18:09,200
Speaker 8: to Israel. A Ran shouldn't get that money. Refreeze it. Hell,

334
00:18:09,320 --> 00:18:11,400
Speaker 8: give it to Israel. Put it in the supplemental.

335
00:18:14,040 --> 00:18:15,399
Speaker 3: Let's talk about the supplemental.

336
00:18:16,119 --> 00:18:18,600
Speaker 1: It looks like it could be a combination of funding

337
00:18:18,640 --> 00:18:23,080
Speaker 1: for Israel, for Ukraine, for the border, and for Taiwan.

338
00:18:23,800 --> 00:18:25,920
Speaker 1: Does that slow things down in your mind? Should there

339
00:18:25,960 --> 00:18:27,240
Speaker 1: be a more direct approach?

340
00:18:29,400 --> 00:18:32,879
Speaker 8: Well, I certainly would be in favor of packaging it

341
00:18:32,920 --> 00:18:34,359
Speaker 8: all in one, but I know there are a lot

342
00:18:34,400 --> 00:18:36,320
Speaker 8: of people that on the hill, and I tracked the

343
00:18:36,400 --> 00:18:39,600
Speaker 8: hill as Rick and in Genie do that. Don't want

344
00:18:39,640 --> 00:18:41,800
Speaker 8: to do that. But look, the number one thing right

345
00:18:41,840 --> 00:18:44,080
Speaker 8: now is we have got to get what Israel needs

346
00:18:44,119 --> 00:18:46,919
Speaker 8: to basically wipe AAMAS off the face of the earth.

347
00:18:47,080 --> 00:18:50,159
Speaker 8: So that's number job one. We also need to ensure

348
00:18:50,480 --> 00:18:53,720
Speaker 8: that putin does not succeed in Ukraine. We need to

349
00:18:53,760 --> 00:18:58,159
Speaker 8: deter hijin ping visa b Taiwan, and we need to

350
00:18:58,200 --> 00:19:00,280
Speaker 8: secure our own borders. Look at what happen and in

351
00:19:00,400 --> 00:19:03,400
Speaker 8: Israel over the weekend when their borders were not secure.

352
00:19:04,200 --> 00:19:06,520
Speaker 8: Whether it can package it all up in one big

353
00:19:06,640 --> 00:19:09,359
Speaker 8: luck sum, that certainly would be the right way to

354
00:19:09,400 --> 00:19:12,919
Speaker 8: do it. But the Congress has not shown me in

355
00:19:13,000 --> 00:19:16,400
Speaker 8: recent years or recent months that they have their act

356
00:19:16,440 --> 00:19:19,320
Speaker 8: together on anything. The Congress is about as broken as

357
00:19:19,320 --> 00:19:22,359
Speaker 8: I've ever seen it. It's ridiculous that we're talking about

358
00:19:22,400 --> 00:19:25,520
Speaker 8: more crs in the world's owned plane. So Congress needs

359
00:19:25,560 --> 00:19:27,640
Speaker 8: to get off their depth and do their job.

360
00:19:28,720 --> 00:19:29,399
Speaker 3: Well, I'll tell you what.

361
00:19:29,480 --> 00:19:31,280
Speaker 1: Last time you were here, we were talking about Tommy

362
00:19:31,280 --> 00:19:34,960
Speaker 1: Tubberville's blockade against military promotions. Now we're talking about a

363
00:19:35,000 --> 00:19:37,639
Speaker 1: world without a speaker, which we'll need to change if

364
00:19:37,640 --> 00:19:41,080
Speaker 1: any of this money is going to be appropriated. General,

365
00:19:41,119 --> 00:19:43,600
Speaker 1: we spent some time this week talking about the DIB,

366
00:19:43,680 --> 00:19:48,040
Speaker 1: the Defense Industrial Base, and concerns about even if moneys

367
00:19:48,080 --> 00:19:52,000
Speaker 1: are appropriated, weapons systems are ordered for the likes of Israel,

368
00:19:52,119 --> 00:19:55,160
Speaker 1: Ukraine and here in the US in terms of replenishment,

369
00:19:55,200 --> 00:19:59,480
Speaker 1: that we can't simply make the stuff fast enough. What

370
00:19:59,600 --> 00:20:01,680
Speaker 1: is the white What does Congress do about it?

371
00:20:02,880 --> 00:20:07,520
Speaker 8: Well, Joe, Unfortunately, the situation is that our defense industrial base,

372
00:20:07,600 --> 00:20:11,480
Speaker 8: which was consolidated after Secretary of Defense Bill Perry had

373
00:20:11,480 --> 00:20:14,400
Speaker 8: the Last Supper and the way the DoD structured their

374
00:20:14,440 --> 00:20:18,680
Speaker 8: buying habits. Our industry has been consolidated, and we don't

375
00:20:18,720 --> 00:20:23,720
Speaker 8: have sufficient industrial capacity to support our own national defense strategy,

376
00:20:24,160 --> 00:20:26,359
Speaker 8: either the one that was put in place by Trump

377
00:20:26,480 --> 00:20:29,280
Speaker 8: or the one that's in place now under Biden, which

378
00:20:29,320 --> 00:20:32,720
Speaker 8: is relatively unchanged from what Secretary of Defense Matters put

379
00:20:32,800 --> 00:20:35,679
Speaker 8: in place. We don't have that capacity. We've got to

380
00:20:35,680 --> 00:20:38,960
Speaker 8: build that capacity. It takes time to build that capacity,

381
00:20:39,280 --> 00:20:41,800
Speaker 8: and it takes an effort by the White House and

382
00:20:41,840 --> 00:20:44,720
Speaker 8: the Pentagon. I would say, on a positive note, here

383
00:20:44,920 --> 00:20:48,399
Speaker 8: build a plant. The under Secretary for Acquisition and Sustatement,

384
00:20:48,760 --> 00:20:53,359
Speaker 8: the Assistant Secretary for Industrial based Policy, doctor Larr Taylor Khalay,

385
00:20:53,440 --> 00:20:58,000
Speaker 8: they're working on a new industrial policy and new industrial strategy,

386
00:20:58,760 --> 00:21:00,639
Speaker 8: and I think we in the end of industry have

387
00:21:00,720 --> 00:21:03,320
Speaker 8: been in touch with them. I think that we are

388
00:21:03,359 --> 00:21:06,040
Speaker 8: prepared to make the kind of investments that are needed

389
00:21:06,080 --> 00:21:08,960
Speaker 8: as long as the demand signal is there and it's

390
00:21:09,000 --> 00:21:12,560
Speaker 8: going to be continuous. You can't basically call up industry

391
00:21:12,680 --> 00:21:14,520
Speaker 8: one day and say, hey, look, you got to build

392
00:21:14,560 --> 00:21:17,680
Speaker 8: some more one five to five artillery shells. But we're

393
00:21:17,680 --> 00:21:19,680
Speaker 8: only going to give you a contract for three months

394
00:21:19,800 --> 00:21:22,119
Speaker 8: or six months or even a year. I mean, if

395
00:21:22,160 --> 00:21:24,440
Speaker 8: you want to build a kind of capacity, we need

396
00:21:24,440 --> 00:21:28,200
Speaker 8: to implement the national defense strategy, but also to basically

397
00:21:28,800 --> 00:21:34,000
Speaker 8: support our allies and our partners Ukraine, Israel, Taiwan. That's

398
00:21:34,040 --> 00:21:37,080
Speaker 8: a multi year effort, and the Congress, I think is

399
00:21:37,200 --> 00:21:40,240
Speaker 8: very supportive of that. They've added for one of the

400
00:21:40,280 --> 00:21:44,760
Speaker 8: tremendous advantages we have Visavichina is our submarine force. Congress

401
00:21:44,760 --> 00:21:48,119
Speaker 8: has added money for that and improving the industrial base there.

402
00:21:48,440 --> 00:21:50,639
Speaker 8: But this is not something that's going to be sorted

403
00:21:50,640 --> 00:21:53,600
Speaker 8: out and settled in the next couple of months. But

404
00:21:54,160 --> 00:21:56,560
Speaker 8: having said that, they've got to pass this supplemental for

405
00:21:56,720 --> 00:22:00,280
Speaker 8: Ukraine and for Israel and get these things under contract,

406
00:22:00,560 --> 00:22:02,800
Speaker 8: and we will produce them as fast as we can.

407
00:22:04,359 --> 00:22:06,000
Speaker 1: We're going to be talking in just a moment with

408
00:22:06,119 --> 00:22:09,560
Speaker 1: Congressman Michael McCall, the chairman of the House Foreign Affairs Committee,

409
00:22:09,600 --> 00:22:11,720
Speaker 1: is going to be joining us as he's just emerging

410
00:22:11,720 --> 00:22:14,520
Speaker 1: from this meeting to nominate another.

411
00:22:14,280 --> 00:22:15,800
Speaker 3: Speaker, General Pinaro.

412
00:22:16,040 --> 00:22:19,920
Speaker 1: Next time we talk, whether this is in weeks from now,

413
00:22:19,960 --> 00:22:21,399
Speaker 1: maybe a month from now, are we going to be

414
00:22:21,400 --> 00:22:25,119
Speaker 1: talking about a wider conflict, an escalating conflict in Israel?

415
00:22:27,240 --> 00:22:29,840
Speaker 8: That's certainly a possibility. I mean, no one can predict.

416
00:22:29,920 --> 00:22:32,479
Speaker 8: I mean, look that one thing you all know, we

417
00:22:32,520 --> 00:22:35,640
Speaker 8: all know is war is totally unpredictable, and the enemy

418
00:22:35,680 --> 00:22:38,760
Speaker 8: gets a vote. I think if the United States is

419
00:22:38,960 --> 00:22:42,240
Speaker 8: very firm and has the support of our allies, the

420
00:22:42,400 --> 00:22:47,720
Speaker 8: United Kingdom, France, Italy, the major nake to partners, and

421
00:22:47,760 --> 00:22:50,600
Speaker 8: we basically say to the people that would escalate, which

422
00:22:50,680 --> 00:22:56,120
Speaker 8: is basically a ran Hezbalah and others like that, you escalate,

423
00:22:56,520 --> 00:22:59,280
Speaker 8: basically you're going to pay some severe consequences. I don't

424
00:22:59,280 --> 00:23:02,080
Speaker 8: think we'll be talking about a wide war, and certainly

425
00:23:02,520 --> 00:23:04,920
Speaker 8: if we don't provide the kind of implements of war

426
00:23:04,960 --> 00:23:08,439
Speaker 8: that Israel needs to take care of Mamas and Gaza.

427
00:23:08,480 --> 00:23:10,800
Speaker 8: And by the way, that's gonna be a very very

428
00:23:10,840 --> 00:23:17,040
Speaker 8: difficult conduct. Operations and built up areas claus which is

429
00:23:17,080 --> 00:23:20,440
Speaker 8: said is one of the most difficult operations. It favors

430
00:23:20,440 --> 00:23:23,480
Speaker 8: the defender, which is Amas. It's gonna be bloody, it's

431
00:23:23,520 --> 00:23:26,760
Speaker 8: gonna take a long time. But Israel has no option

432
00:23:26,880 --> 00:23:30,600
Speaker 8: but to do it to to basically keep the State

433
00:23:30,600 --> 00:23:31,960
Speaker 8: of Israel to subvive.

434
00:23:34,359 --> 00:23:36,199
Speaker 1: General, it's great to have you, and I appreciate your

435
00:23:36,200 --> 00:23:39,240
Speaker 1: insights today, and everyone to mince words. Arnold Panaro, retired

436
00:23:39,280 --> 00:23:42,439
Speaker 1: two star Marine Corps general who spent time as staff

437
00:23:42,440 --> 00:23:44,560
Speaker 1: director of the Senate Armed Services Committee. We're going to

438
00:23:44,600 --> 00:23:46,840
Speaker 1: be speaking with the Chairman of the House Foreign Affairs

439
00:23:46,840 --> 00:23:49,560
Speaker 1: Committee in a moment as we prepare to make a

440
00:23:49,560 --> 00:23:51,520
Speaker 1: connection with Congressman Michael McCall.

441
00:23:56,080 --> 00:23:59,439
Speaker 2: You're listening to the Bloomberg Sound On podcast. Catch the

442
00:23:59,480 --> 00:24:02,240
Speaker 2: program live weekdays at one Eastern.

443
00:24:02,040 --> 00:24:05,440
Speaker 9: On Bloomberg Radio, the tune in app, Bloomberg dot Com, and.

444
00:24:05,440 --> 00:24:08,439
Speaker 2: The Bloomberg Business App. You can also listen live on

445
00:24:08,480 --> 00:24:11,840
Speaker 2: Amazon Alexa from our flagship New York station, Just say

446
00:24:11,920 --> 00:24:15,560
Speaker 2: Alexa play Bloomberg eleven thirty.

447
00:24:15,640 --> 00:24:17,919
Speaker 1: I'm Joe Matthew in Washington. Thanks for being with us

448
00:24:17,960 --> 00:24:20,760
Speaker 1: here on Bloomberg Sound On. With two major stories that

449
00:24:20,840 --> 00:24:23,520
Speaker 1: we're following here developing before our eyes, and we've spent

450
00:24:23,560 --> 00:24:26,800
Speaker 1: the hour discussing them with Rick Davis and Jeanie Shanzano.

451
00:24:26,880 --> 00:24:29,000
Speaker 1: As we now prepare to add the voice of Congressman

452
00:24:29,000 --> 00:24:32,840
Speaker 1: Michael McCall for starters a breaker here on Bloomberg this hour.

453
00:24:33,280 --> 00:24:36,960
Speaker 1: Steve Scalise has been nominated to be the next Republican

454
00:24:37,000 --> 00:24:39,520
Speaker 1: Speaker of the House. This was the vote that took

455
00:24:39,520 --> 00:24:42,120
Speaker 1: place behind closed doors that will lead to at least

456
00:24:42,119 --> 00:24:45,040
Speaker 1: eventually a floor vote that would codify this, and there

457
00:24:45,080 --> 00:24:48,359
Speaker 1: are reports that could happen as soon as today, even

458
00:24:48,359 --> 00:24:51,200
Speaker 1: though some expected it originally to be on Wednesday. We're

459
00:24:51,200 --> 00:24:54,639
Speaker 1: also following the bead on Israel here with constant updates.

460
00:24:54,680 --> 00:24:57,400
Speaker 1: There was concern about an infiltration in the north earlier.

461
00:24:57,560 --> 00:25:00,480
Speaker 1: The Israelis have clarified that to not be the case,

462
00:25:00,880 --> 00:25:02,800
Speaker 1: but there was an all hands briefing in the House

463
00:25:02,880 --> 00:25:06,560
Speaker 1: by the administration earlier today, and moderating that briefing was

464
00:25:06,560 --> 00:25:09,320
Speaker 1: the chairman of the House Foreign Affairs Committee, who joins

465
00:25:09,400 --> 00:25:13,400
Speaker 1: us right now from Capitol Hill, Congressman Michael McCall. We

466
00:25:13,400 --> 00:25:15,600
Speaker 1: welcome you back, mister Chairman. It's good to see you,

467
00:25:15,600 --> 00:25:17,360
Speaker 1: and I know you're having a very busy day here.

468
00:25:17,400 --> 00:25:19,639
Speaker 1: If I could start with the matter of Israel. You

469
00:25:19,680 --> 00:25:23,680
Speaker 1: said some important things to reporters in your briefing when

470
00:25:23,720 --> 00:25:26,920
Speaker 1: you emerge, beginning with the fact that the Egyptians gave

471
00:25:27,000 --> 00:25:31,240
Speaker 1: intelligence to Israel three days before the attack that apparently

472
00:25:31,359 --> 00:25:32,320
Speaker 1: was not acted upon.

473
00:25:32,400 --> 00:25:33,040
Speaker 3: Do we know why.

474
00:25:35,160 --> 00:25:39,040
Speaker 10: We don't even know at what levels the intelligence was shared.

475
00:25:40,280 --> 00:25:43,560
Speaker 10: But you know, I think my concern is if we

476
00:25:43,800 --> 00:25:46,639
Speaker 10: missed this one. They've been planning and Moss had been

477
00:25:46,680 --> 00:25:48,160
Speaker 10: playing this for over.

478
00:25:47,920 --> 00:25:50,120
Speaker 5: A year and we missed it.

479
00:25:50,200 --> 00:25:53,560
Speaker 10: And if we miss that, then what about Heswald, what

480
00:25:53,640 --> 00:25:59,040
Speaker 10: about Isis in Syria? What about what Iran is still

481
00:25:59,080 --> 00:26:04,600
Speaker 10: doing behind the scene or the Shia Iran procties. It

482
00:26:04,720 --> 00:26:09,480
Speaker 10: maybe question our intelligence capabilities here. I think our biggest

483
00:26:09,480 --> 00:26:13,320
Speaker 10: fear JOE is an escalation where I think the fear

484
00:26:13,359 --> 00:26:16,119
Speaker 10: has always been that if Hamas hit from the south

485
00:26:16,600 --> 00:26:19,840
Speaker 10: and then Hesba hit with one hundred thousand rockets from

486
00:26:19,880 --> 00:26:25,080
Speaker 10: the north, they would overload the Iron Dome and destroy Israel.

487
00:26:25,240 --> 00:26:27,840
Speaker 10: And so I think that is what most of us

488
00:26:27,880 --> 00:26:31,160
Speaker 10: are concerned about right now, is the escalation that could

489
00:26:31,200 --> 00:26:34,280
Speaker 10: take place, and how good is our intelligence with respect

490
00:26:34,359 --> 00:26:37,520
Speaker 10: to that. And then finally, what is our force projection

491
00:26:38,320 --> 00:26:42,280
Speaker 10: in the region for deterns purposes to avoid that kind

492
00:26:42,320 --> 00:26:42,920
Speaker 10: of conflict.

493
00:26:44,400 --> 00:26:47,040
Speaker 1: Well, we know that gerald Ford Carrier Strike Group is

494
00:26:47,119 --> 00:26:49,520
Speaker 1: on its way to the eastern Mediterranean. There are reports

495
00:26:49,560 --> 00:26:52,880
Speaker 1: now that the USS Eisenhower is also on its way.

496
00:26:53,240 --> 00:26:55,200
Speaker 1: Mister Chairman, do you know if the IKE is going

497
00:26:55,240 --> 00:26:55,960
Speaker 1: in the same direction.

498
00:26:57,520 --> 00:27:01,399
Speaker 10: Yes, I believe they're headed towards the Mediterranean, and I

499
00:27:01,400 --> 00:27:04,960
Speaker 10: think that's a good showing of force. Again, I think

500
00:27:05,000 --> 00:27:08,600
Speaker 10: the goal here is to contain Hamas in Gaza, and

501
00:27:08,640 --> 00:27:11,320
Speaker 10: that's going to be a huge effort on the part

502
00:27:11,359 --> 00:27:13,760
Speaker 10: of the IDF to have to go in after the

503
00:27:14,320 --> 00:27:17,040
Speaker 10: bombing of their command and control and then go house

504
00:27:17,040 --> 00:27:20,120
Speaker 10: to house to clear the terrorists out and also rescue

505
00:27:20,119 --> 00:27:23,639
Speaker 10: the hostages that they're using as human shields. But we

506
00:27:23,720 --> 00:27:28,520
Speaker 10: cannot afford again the scenario of Hesba and Lebanon coming

507
00:27:28,560 --> 00:27:34,280
Speaker 10: in or other radical terrorist organizations. So I plod the

508
00:27:34,280 --> 00:27:39,160
Speaker 10: administration for that force projection of these two. You know,

509
00:27:39,720 --> 00:27:43,879
Speaker 10: we have an aircraft carriers and battleships now in the region.

510
00:27:44,000 --> 00:27:45,720
Speaker 10: We think that will provide deterrence.

511
00:27:47,480 --> 00:27:48,040
Speaker 3: Mister Chairman.

512
00:27:48,119 --> 00:27:51,080
Speaker 1: We spoke with John Kirby at the White House about

513
00:27:51,240 --> 00:27:55,639
Speaker 1: the role that the Jerry Ford Carrier group might play

514
00:27:55,720 --> 00:27:58,200
Speaker 1: in the region. He indicated that it would be that

515
00:27:58,480 --> 00:28:00,600
Speaker 1: is a deterrent, he said, and that it would be

516
00:28:00,600 --> 00:28:03,960
Speaker 1: effectively command and control. But there have been others who've

517
00:28:04,000 --> 00:28:06,359
Speaker 1: suggested the need for and I think you may have

518
00:28:06,400 --> 00:28:10,080
Speaker 1: spoken to this, the need for US special forces to

519
00:28:10,160 --> 00:28:14,920
Speaker 1: help find hostages, specifically American hostages in Gaza.

520
00:28:15,080 --> 00:28:15,920
Speaker 3: Is that going to happen.

521
00:28:18,000 --> 00:28:20,600
Speaker 10: I know that we're coordinating with the idea. If they

522
00:28:20,640 --> 00:28:24,200
Speaker 10: take the lead, we can provide assistance, we can provide

523
00:28:24,000 --> 00:28:29,000
Speaker 10: the arms, we can provide the the training, if you will.

524
00:28:29,359 --> 00:28:33,160
Speaker 10: Our special forces did this in Iraq for many years,

525
00:28:33,680 --> 00:28:36,520
Speaker 10: like in Falujah in two thousand and four, and we're

526
00:28:36,640 --> 00:28:39,760
Speaker 10: quite frankly the best at doing this. And I know

527
00:28:39,920 --> 00:28:44,040
Speaker 10: the FBI Hostage Rescue Team has been tapped into as well,

528
00:28:44,080 --> 00:28:47,960
Speaker 10: because we have American hostages now. We don't have a

529
00:28:48,000 --> 00:28:51,640
Speaker 10: definitive answer, but we know about twenty Americans are missing,

530
00:28:52,680 --> 00:28:53,560
Speaker 10: and we don't know.

531
00:28:53,680 --> 00:28:54,360
Speaker 5: Where they are.

532
00:28:55,240 --> 00:29:00,200
Speaker 10: I would speculate, and I normally don't, but I'm sure

533
00:29:00,360 --> 00:29:03,160
Speaker 10: we have hostages now in the Gaza, and I think

534
00:29:03,200 --> 00:29:07,080
Speaker 10: getting those Americans out is our number one priority.

535
00:29:07,560 --> 00:29:10,280
Speaker 1: Admiral Kirby also said the US is now set to

536
00:29:10,320 --> 00:29:14,600
Speaker 1: send additional arms aid to Israel in the coming days. Congressman,

537
00:29:14,600 --> 00:29:18,000
Speaker 1: how much can we send now without actually bringing a

538
00:29:18,040 --> 00:29:19,960
Speaker 1: supplemental budget request to the floor.

539
00:29:21,000 --> 00:29:21,800
Speaker 5: That's a great question.

540
00:29:21,880 --> 00:29:26,520
Speaker 10: I authorize three point three billion dollars in foreign military

541
00:29:26,560 --> 00:29:32,080
Speaker 10: financing Israel. So far four hundred and twenty million of

542
00:29:32,120 --> 00:29:36,400
Speaker 10: that has been appropriated by Congress, so that can be

543
00:29:36,480 --> 00:29:40,760
Speaker 10: made available. Also, there is a presidential drawdown authority, and

544
00:29:40,800 --> 00:29:43,320
Speaker 10: that's about one hundred million that he can use to

545
00:29:43,440 --> 00:29:46,520
Speaker 10: send weapons. What they need right now are the interceptors

546
00:29:46,920 --> 00:29:50,480
Speaker 10: for the Iron Dome. They need the precision guided missiles,

547
00:29:50,760 --> 00:29:54,720
Speaker 10: and they need the one to fifty five ammunition stockpiles.

548
00:29:56,080 --> 00:29:59,840
Speaker 10: According to the administration, they have have that right now.

549
00:30:00,200 --> 00:30:03,040
Speaker 10: But this is why it's so critical for us to

550
00:30:03,680 --> 00:30:07,400
Speaker 10: elect a speaker today, because we cannot move on the

551
00:30:07,400 --> 00:30:10,880
Speaker 10: House floor until we have a speaker. And this is

552
00:30:10,880 --> 00:30:14,280
Speaker 10: a very dangerous time obviously, you know, it was dangerous

553
00:30:14,360 --> 00:30:17,960
Speaker 10: enough with Putin and Ukraine, Chairman she and Taiwan, the Pacific,

554
00:30:18,280 --> 00:30:20,440
Speaker 10: and now we get the Middle East flaring up again.

555
00:30:21,880 --> 00:30:23,360
Speaker 3: Well, let's talk about the speaker.

556
00:30:23,720 --> 00:30:26,560
Speaker 1: Chairman McCall, you had a pretty interesting meeting early on today.

557
00:30:26,560 --> 00:30:28,440
Speaker 1: A lot of people didn't think this was going to happen,

558
00:30:28,440 --> 00:30:31,320
Speaker 1: but Steve Scalise has been nominated to be the next

559
00:30:31,320 --> 00:30:32,160
Speaker 1: Republican Speaker.

560
00:30:32,200 --> 00:30:36,200
Speaker 5: Did you vote for him? I did I did.

561
00:30:36,720 --> 00:30:38,640
Speaker 10: I can't tell you it was secret ballot, so I

562
00:30:38,640 --> 00:30:41,320
Speaker 10: can't tell you by how much. But I think right

563
00:30:41,360 --> 00:30:45,560
Speaker 10: now the opposing factions are trying to work this out

564
00:30:45,640 --> 00:30:48,120
Speaker 10: so that when we go to the floor, we get

565
00:30:48,120 --> 00:30:52,240
Speaker 10: the requisite two hundred and seventeen votes necessary to elect

566
00:30:52,960 --> 00:30:55,840
Speaker 10: a speaker, not Designy, but the Speaker of the House,

567
00:30:56,520 --> 00:30:59,560
Speaker 10: and then we can take control of the House. And

568
00:31:00,600 --> 00:31:03,600
Speaker 10: Scalee told me the first bill he plans to put

569
00:31:03,640 --> 00:31:08,160
Speaker 10: on the four is my resolution, co sponsor by four

570
00:31:08,240 --> 00:31:12,640
Speaker 10: hundred members of Congress, by the way, very bipartisan, condemning

571
00:31:12,680 --> 00:31:16,080
Speaker 10: Hamas and showing support for Israel.

572
00:31:17,560 --> 00:31:20,320
Speaker 1: I saw that four hundred co sponsors, yourself and Ranking

573
00:31:20,360 --> 00:31:23,080
Speaker 1: Member Meeks brought forth the resolution. Will that be the

574
00:31:23,080 --> 00:31:25,720
Speaker 1: first order of business once there is a speaker.

575
00:31:26,360 --> 00:31:26,760
Speaker 5: It will?

576
00:31:27,000 --> 00:31:30,400
Speaker 10: And I talked to Steve Scalese about this. He said,

577
00:31:30,440 --> 00:31:32,200
Speaker 10: I want your bill to be the very first bill

578
00:31:32,240 --> 00:31:35,440
Speaker 10: on the floor after we E liked him as the

579
00:31:35,560 --> 00:31:36,520
Speaker 10: permanent speaker.

580
00:31:36,960 --> 00:31:37,960
Speaker 5: And I hope we knew.

581
00:31:37,720 --> 00:31:42,120
Speaker 10: That today because it's a message from the American people

582
00:31:42,240 --> 00:31:46,160
Speaker 10: through their representatives that we do support Israel. Sorry having

583
00:31:46,200 --> 00:31:51,760
Speaker 10: technical difficulties, we do support Israel and the American people

584
00:31:51,800 --> 00:31:54,240
Speaker 10: through the representatives. I think the rest of the world

585
00:31:54,280 --> 00:31:56,360
Speaker 10: needs to hear that from the Congress.

586
00:31:56,400 --> 00:31:59,520
Speaker 1: Yeah, well, how does this going to work from here?

587
00:31:59,560 --> 00:31:59,680
Speaker 2: Then?

588
00:31:59,720 --> 00:32:02,200
Speaker 1: Do we see a vote today on the next speaker.

589
00:32:02,320 --> 00:32:04,920
Speaker 1: Some reports are suggesting this could be within hours.

590
00:32:05,680 --> 00:32:08,320
Speaker 10: It could be as early as three o'clock is what

591
00:32:09,600 --> 00:32:14,120
Speaker 10: my information is. Again, I think we're working with the

592
00:32:14,320 --> 00:32:18,120
Speaker 10: two factions, if you will, the Jordan camp and the

593
00:32:18,160 --> 00:32:21,200
Speaker 10: Sweee camp, to make sure that when we go to

594
00:32:21,280 --> 00:32:24,160
Speaker 10: the floor, we don't have the scenario we had last

595
00:32:24,200 --> 00:32:28,400
Speaker 10: time with McCarthy, where you have fifteen ballots. That doesn't

596
00:32:28,440 --> 00:32:32,920
Speaker 10: demonstrate strength, that demonstrates dysfunction and weakness. So I think

597
00:32:32,960 --> 00:32:36,280
Speaker 10: it's very important we hold together and then we put

598
00:32:36,320 --> 00:32:38,560
Speaker 10: this on the floor when we know we have the

599
00:32:38,600 --> 00:32:41,960
Speaker 10: two hundred and seventeen. We have enough drama right now,

600
00:32:42,920 --> 00:32:45,720
Speaker 10: not only in Washington, but in the Middle East and

601
00:32:45,800 --> 00:32:49,880
Speaker 10: in Ukraine and in the Pacific. So I hope we

602
00:32:49,920 --> 00:32:52,400
Speaker 10: get to that number. We get it done today.

603
00:32:53,000 --> 00:32:55,680
Speaker 1: Boy, that would be remarkable and prove a lot of

604
00:32:55,720 --> 00:32:59,680
Speaker 1: people wrong. Mister chairman, what about the eight so called

605
00:32:59,680 --> 00:33:05,600
Speaker 1: trouble makers in your Republican conference? What's different now from

606
00:33:05,680 --> 00:33:06,200
Speaker 1: last week?

607
00:33:08,560 --> 00:33:11,360
Speaker 10: It's a very good question, and that is going to

608
00:33:11,400 --> 00:33:15,160
Speaker 10: be the will of the conference to get them to break.

609
00:33:16,200 --> 00:33:17,920
Speaker 5: We don't have to have all eight.

610
00:33:17,680 --> 00:33:21,280
Speaker 10: Of them to get to two seventeen, but we need

611
00:33:21,320 --> 00:33:23,040
Speaker 10: a few of them, and I think that's going to

612
00:33:23,080 --> 00:33:28,600
Speaker 10: be the critical mass point here is getting some of

613
00:33:28,600 --> 00:33:34,360
Speaker 10: those eight votes to move over to unify as a conference.

614
00:33:35,240 --> 00:33:38,400
Speaker 10: This is not good for the Republican Party if we

615
00:33:38,440 --> 00:33:40,840
Speaker 10: can't unify, but it's not good for the American people either,

616
00:33:42,200 --> 00:33:45,160
Speaker 10: especially at the dangerous time that we're in right now.

617
00:33:45,640 --> 00:33:48,480
Speaker 10: What I meant said to my conference was that we

618
00:33:48,600 --> 00:33:50,120
Speaker 10: cannot afford this anymore.

619
00:33:50,880 --> 00:33:53,280
Speaker 5: Let's be grown ups in the room. Let's get a.

620
00:33:53,200 --> 00:33:56,120
Speaker 10: Speaker in the chair, and let's do the business of

621
00:33:56,160 --> 00:34:00,800
Speaker 10: the people and stop messing around with politics. As we're

622
00:34:00,840 --> 00:34:04,280
Speaker 10: seeing across the world, it is getting more and more dangerous,

623
00:34:04,800 --> 00:34:07,320
Speaker 10: and we need to pass that supplemental and if we

624
00:34:07,360 --> 00:34:10,120
Speaker 10: don't have a speaker, then we can't do that.

625
00:34:11,320 --> 00:34:13,480
Speaker 3: I'd like to finish there with you, mister Chairman.

626
00:34:13,560 --> 00:34:18,040
Speaker 1: The idea of a supplemental request for Israel now being

627
00:34:18,120 --> 00:34:25,399
Speaker 1: combined with that for Ukraine, Taiwan and border security, will

628
00:34:25,480 --> 00:34:28,000
Speaker 1: that be the vehicle for all of these they move together.

629
00:34:29,400 --> 00:34:30,600
Speaker 5: I know there are discussions.

630
00:34:31,120 --> 00:34:35,120
Speaker 10: I've talked to Omb the director about this, and I

631
00:34:35,200 --> 00:34:39,600
Speaker 10: know that the thinking is to put all these emergency

632
00:34:39,680 --> 00:34:44,680
Speaker 10: items together. And we have many foreign policy you know,

633
00:34:44,920 --> 00:34:49,239
Speaker 10: crises going on simultaneously, and that would be Israel, it

634
00:34:49,239 --> 00:34:53,200
Speaker 10: would also be Ukraine, would also be Taiwan. And I

635
00:34:53,200 --> 00:34:55,799
Speaker 10: think the thing my party wants the most would be

636
00:34:55,920 --> 00:34:59,480
Speaker 10: a border security funding in this bill. I do think

637
00:34:59,520 --> 00:35:03,160
Speaker 10: there are enough Democrats now that want to secure the border,

638
00:35:03,200 --> 00:35:07,320
Speaker 10: given what we've seen recently, and especially with the migrants

639
00:35:07,320 --> 00:35:10,840
Speaker 10: now that have come to New York and it's impacting

640
00:35:10,920 --> 00:35:14,360
Speaker 10: every state in the nation. So I think there's a

641
00:35:14,440 --> 00:35:19,040
Speaker 10: stronger appetite on the Democrat side now for funding for

642
00:35:19,080 --> 00:35:21,960
Speaker 10: border security. I think that's going to be a demand

643
00:35:22,000 --> 00:35:25,359
Speaker 10: from the Republicans that we'll have to be in this

644
00:35:25,480 --> 00:35:26,200
Speaker 10: aid package.

645
00:35:27,560 --> 00:35:29,320
Speaker 3: What does Israel need most?

646
00:35:29,480 --> 00:35:36,880
Speaker 10: First, Well, they need our resolution showing absolute support from

647
00:35:36,920 --> 00:35:40,520
Speaker 10: the American people. They need the interceptors to replenish the

648
00:35:40,560 --> 00:35:45,600
Speaker 10: Iron Dome. They need the precision guided missiles which will

649
00:35:45,640 --> 00:35:51,520
Speaker 10: save civilian lives, ammunition. They also need our people there

650
00:35:51,560 --> 00:35:54,120
Speaker 10: that can help them go house to house in this

651
00:35:54,280 --> 00:35:56,440
Speaker 10: what's going to be Joe, It's not going to end

652
00:35:56,560 --> 00:35:59,960
Speaker 10: in days, It may not end in weeks. This operation

653
00:36:00,080 --> 00:36:02,680
Speaker 10: in Gaza. I think the American people need to understand

654
00:36:03,120 --> 00:36:05,560
Speaker 10: they could take months for them to do this.

655
00:36:06,400 --> 00:36:08,319
Speaker 5: And what I'll worry about is.

656
00:36:08,239 --> 00:36:12,760
Speaker 10: The narrative shifting from Israel being the victim to Israel

657
00:36:12,800 --> 00:36:17,040
Speaker 10: being the perpetrator as they go into Gaza to rescue

658
00:36:17,080 --> 00:36:21,120
Speaker 10: the hostages that are there and also take out the terrorists.

659
00:36:21,640 --> 00:36:24,560
Speaker 10: And I hope people will remember what happened last Saturday.

660
00:36:25,320 --> 00:36:27,799
Speaker 10: You know, I was in at Kaboots last year with

661
00:36:28,040 --> 00:36:31,759
Speaker 10: Speaker McCarthy then Speaker McCarthy in a Kaboots on the

662
00:36:31,800 --> 00:36:37,279
Speaker 10: border of Gaza, the closest one to Gaza, and they

663
00:36:37,480 --> 00:36:40,280
Speaker 10: gave us a tour. They showed us a daycare center

664
00:36:40,400 --> 00:36:43,880
Speaker 10: their alarm system. At that time, forty five hundred rockets

665
00:36:43,920 --> 00:36:49,560
Speaker 10: had come out from Gaza into that community. I got

666
00:36:50,160 --> 00:36:54,239
Speaker 10: reporting that they slaughtered not only all the adults in

667
00:36:54,280 --> 00:36:58,400
Speaker 10: that community, but they went into the daycare center and

668
00:36:58,520 --> 00:37:03,400
Speaker 10: killed the children and actually be headed some of the babies.

669
00:37:03,440 --> 00:37:09,280
Speaker 10: And the videos I've been receiving Joe absolutely grotesque, even

670
00:37:09,800 --> 00:37:13,920
Speaker 10: seeing two to three year old children in animal cages

671
00:37:14,320 --> 00:37:19,120
Speaker 10: treated like dogs. This is evil, pure evil. As the

672
00:37:19,160 --> 00:37:22,360
Speaker 10: President said, and we need to stand together against it.

673
00:37:24,200 --> 00:37:27,200
Speaker 1: Mister Chairman, thank you for the time today sharing your

674
00:37:27,239 --> 00:37:29,280
Speaker 1: thoughts on a lot of stories here from the speaker

675
00:37:29,320 --> 00:37:32,960
Speaker 1: to israel Is Chair of the House Foreign Affairs Committee,

676
00:37:33,000 --> 00:37:36,080
Speaker 1: Chairman Michael McCall, the Republican from Texas, We thank you

677
00:37:36,120 --> 00:37:37,520
Speaker 1: for the time. I do want to make clear that

678
00:37:37,520 --> 00:37:41,600
Speaker 1: Bloomberg News cannot verify the accuracy of any of.

679
00:37:41,560 --> 00:37:43,120
Speaker 3: The videos that we're seeing.

680
00:37:43,120 --> 00:37:46,080
Speaker 1: These horrid videos on social media that many of you

681
00:37:46,160 --> 00:37:48,879
Speaker 1: are seeing as well, We know that they are there,

682
00:37:48,920 --> 00:37:50,840
Speaker 1: but they are not part of our reporting. If you

683
00:37:50,880 --> 00:37:54,200
Speaker 1: want to see verified information, you can always find it

684
00:37:54,239 --> 00:37:56,200
Speaker 1: on the terminal and at Bloomberg dot com and right

685
00:37:56,239 --> 00:37:59,920
Speaker 1: here as well on sound On. I'm Joe Matthew in Washington.

686
00:38:00,120 --> 00:38:03,000
Speaker 1: As we move on, Kaylee Lines will join the conversation.

687
00:38:03,120 --> 00:38:06,400
Speaker 1: Coming up next, we have a nominee to be speaker.

688
00:38:06,840 --> 00:38:09,480
Speaker 1: No one thought we'd be saying that today. Will Hurd,

689
00:38:09,600 --> 00:38:13,440
Speaker 1: the former Republican presidential candidate, will join us straight ahead

690
00:38:13,440 --> 00:38:16,040
Speaker 1: on the fastest show in Politics, Hour two. Sound On

691
00:38:16,400 --> 00:38:17,360
Speaker 1: starts right now.

692
00:38:21,080 --> 00:38:24,480
Speaker 2: You're listening to the Bloomberg sound On podcast. Catch the

693
00:38:24,480 --> 00:38:27,160
Speaker 2: program live weekdays at one Eastern.

694
00:38:27,040 --> 00:38:30,440
Speaker 9: On Bloomberg Radio, the tune in app, Bloomberg dot Com, and.

695
00:38:30,440 --> 00:38:33,440
Speaker 2: The Bloomberg Business app. You can also listen live on

696
00:38:33,480 --> 00:38:37,400
Speaker 2: Amazon Alexa from our flagship New York station. Just say Alexa,

697
00:38:37,600 --> 00:38:39,600
Speaker 2: play Bloomberg eleven thirty.

698
00:38:41,880 --> 00:38:42,840
Speaker 3: And we have news.

699
00:38:43,800 --> 00:38:45,279
Speaker 1: This is not what we thought we were going to

700
00:38:45,360 --> 00:38:48,160
Speaker 1: be talking about this now. Yesterday we were saying that

701
00:38:48,200 --> 00:38:51,560
Speaker 1: a lot lately. How about we get to this via

702
00:38:51,719 --> 00:38:56,200
Speaker 1: the tweet? And I still call them tweets from Thomas Massey.

703
00:38:56,280 --> 00:38:59,520
Speaker 1: I feel like it illustrates everything. Thanks to producer James

704
00:38:59,520 --> 00:38:59,960
Speaker 1: for this.

705
00:39:00,040 --> 00:39:00,920
Speaker 3: Thomas Massey tweet.

706
00:39:00,960 --> 00:39:04,640
Speaker 1: Surprises are for little kids at birthday parties, not Congress.

707
00:39:05,760 --> 00:39:07,920
Speaker 1: So I let Scalise know in person he does not

708
00:39:08,000 --> 00:39:10,719
Speaker 1: have my vote on the floor because he has not

709
00:39:10,840 --> 00:39:16,000
Speaker 1: articulated a viable plan for avoiding an omnibus. Steve Scalise,

710
00:39:16,360 --> 00:39:18,880
Speaker 1: what we're trying to say here is has been nominated

711
00:39:19,280 --> 00:39:20,160
Speaker 1: to be the next speaker.

712
00:39:20,400 --> 00:39:24,760
Speaker 11: Yeah, nominated by a majority of the Republican Conference members

713
00:39:24,800 --> 00:39:28,359
Speaker 11: who are present at this secret ballot earlier today. That

714
00:39:28,400 --> 00:39:30,759
Speaker 11: does not mean, though Joe, that he is secured no

715
00:39:30,880 --> 00:39:32,960
Speaker 11: the two hundred and seventeen votes he will need to

716
00:39:33,000 --> 00:39:35,760
Speaker 11: actually get the speaker's gabble. Clearly he has not secured

717
00:39:36,080 --> 00:39:40,480
Speaker 11: Thomas Massey's Happy birthday, Steve Scalise, is it his birthday?

718
00:39:40,719 --> 00:39:43,279
Speaker 3: Oh? I love that. Well, he needs over one hundred more.

719
00:39:43,320 --> 00:39:46,320
Speaker 1: He got one hundred and thirteen right, So, now Bloomberg

720
00:39:46,400 --> 00:39:50,200
Speaker 1: is reporting that Jim Jordan is racing to meet with

721
00:39:50,239 --> 00:39:52,000
Speaker 1: Steve Scales. We're going to have a little deal here.

722
00:39:52,000 --> 00:39:53,439
Speaker 1: Maybe is that why we care about that?

723
00:39:53,520 --> 00:39:55,840
Speaker 11: Well, this is the question is is it just about

724
00:39:55,840 --> 00:39:58,279
Speaker 11: the speaker or is it about what the contours of

725
00:39:58,320 --> 00:40:00,759
Speaker 11: the rest of the Republican leadership is going to look

726
00:40:00,840 --> 00:40:03,040
Speaker 11: like under a potential Okay, here's Scalise.

727
00:40:03,360 --> 00:40:06,160
Speaker 3: I just wonder the majority leader Jordan is where you're.

728
00:40:06,040 --> 00:40:09,600
Speaker 11: Going potentially, or another leadership position. Maybe that could be

729
00:40:09,719 --> 00:40:13,520
Speaker 11: enough to playkate those members of the Republican Conference who

730
00:40:13,640 --> 00:40:16,200
Speaker 11: had supported Jim Jordan, who frankly a handful of them

731
00:40:16,200 --> 00:40:18,280
Speaker 11: say they still will vote for Jordan on the floor,

732
00:40:18,640 --> 00:40:20,600
Speaker 11: not Steve Scaleze. It makes me wonder what kind of

733
00:40:20,680 --> 00:40:23,799
Speaker 11: background dealing perhaps could be done to help shore up

734
00:40:23,840 --> 00:40:25,520
Speaker 11: whitmore votes for Steve Sclee.

735
00:40:25,600 --> 00:40:28,320
Speaker 1: Yeah, it's interesting they knocked down this idea of raising

736
00:40:28,320 --> 00:40:30,680
Speaker 1: the threshold on the nomination. That was something that Scalie

737
00:40:30,680 --> 00:40:31,600
Speaker 1: wanted knocked down.

738
00:40:31,680 --> 00:40:32,680
Speaker 3: It was done for him.

739
00:40:32,719 --> 00:40:35,200
Speaker 1: He's got the nomination now, but we have no reason

740
00:40:35,200 --> 00:40:37,720
Speaker 1: to believe this is going to be transferable on the floor.

741
00:40:38,400 --> 00:40:41,279
Speaker 1: Michael McCall was just with us. The Chairman of the

742
00:40:41,280 --> 00:40:44,520
Speaker 1: House Foreign Affairs Committee says as early as an hour

743
00:40:44,600 --> 00:40:47,080
Speaker 1: from now, they could be having that floor vote three

744
00:40:47,120 --> 00:40:48,160
Speaker 1: pm Washington time.

745
00:40:48,520 --> 00:40:51,399
Speaker 11: A lot of work to between now, and that's why

746
00:40:51,400 --> 00:40:52,480
Speaker 11: this meeting is key here.

747
00:40:52,640 --> 00:40:53,600
Speaker 3: Yeah, I'm sure, Kaylee.

748
00:40:53,640 --> 00:40:56,560
Speaker 1: We did hear from Steve Scalise as he walked into

749
00:40:56,600 --> 00:41:00,359
Speaker 1: this closed door meeting. Here's what his tones sound like.

750
00:41:00,400 --> 00:41:03,160
Speaker 12: The first order of business under Speaker Steve Scalise is

751
00:41:03,160 --> 00:41:06,680
Speaker 12: going to bring a strong resolution expressing supports for Israel.

752
00:41:06,719 --> 00:41:10,440
Speaker 12: We've got a very bipartisan bill, the McCall meeks resolution

753
00:41:10,600 --> 00:41:13,440
Speaker 12: ready to go right away to express our support for Israel.

754
00:41:13,719 --> 00:41:15,120
Speaker 8: We've got to get back to work today.

755
00:41:15,160 --> 00:41:15,879
Speaker 5: We're going to do that.

756
00:41:17,840 --> 00:41:19,960
Speaker 3: Today. We're going to do that. He may do that.

757
00:41:20,400 --> 00:41:22,799
Speaker 1: Chairman McCall also let us know that the first order

758
00:41:22,840 --> 00:41:26,440
Speaker 1: of business, and he did discuss this with with Leader Scalise,

759
00:41:26,680 --> 00:41:29,800
Speaker 1: would be to bring his resolution to the floor condemning

760
00:41:29,840 --> 00:41:32,360
Speaker 1: the actions of Hamas and support for Israel.

761
00:41:32,840 --> 00:41:34,800
Speaker 3: That would then, of course be followed by.

762
00:41:36,160 --> 00:41:38,360
Speaker 1: And ask for money, the supplemental request that we've been

763
00:41:38,400 --> 00:41:39,240
Speaker 1: talking so much about.

764
00:41:39,480 --> 00:41:41,960
Speaker 11: Yeah, and well we're awaiting more detail on what exactly

765
00:41:42,000 --> 00:41:45,160
Speaker 11: that supplemental could look like from the Biden administration. But

766
00:41:45,239 --> 00:41:47,160
Speaker 11: to your point, Joe, there is a lot of work

767
00:41:48,040 --> 00:41:50,480
Speaker 11: that they would like to see get done. Yes, they

768
00:41:50,480 --> 00:41:52,560
Speaker 11: still have a few steps yet to take in order

769
00:41:52,600 --> 00:41:54,160
Speaker 11: to get to a place where they can get some

770
00:41:54,239 --> 00:41:56,239
Speaker 11: of that work done. Yeah, you need a Speaker of

771
00:41:56,280 --> 00:41:58,719
Speaker 11: the House, including at least we need the gabble in hand.

772
00:41:58,800 --> 00:42:01,280
Speaker 1: Right, we're going to start using that whereward again, things

773
00:42:01,320 --> 00:42:06,480
Speaker 1: like cr omnibus, things that cause small insurrections.

774
00:42:07,280 --> 00:42:08,320
Speaker 3: This is where we begin.

775
00:42:08,200 --> 00:42:12,440
Speaker 1: With Will Hurd, the former Republican presidential candidate, a Congressman

776
00:42:12,440 --> 00:42:16,120
Speaker 1: from Texas and for CIA officer, is with us now

777
00:42:16,160 --> 00:42:19,200
Speaker 1: on Bloomberg. Sound on, Congressman, it's good to see you.

778
00:42:19,280 --> 00:42:21,319
Speaker 1: Welcome back to Bloomberg. It's good to have you here.

779
00:42:21,360 --> 00:42:25,439
Speaker 1: I'd like to start with the matter of Israel and

780
00:42:25,520 --> 00:42:28,160
Speaker 1: your experience not only as a member of Congress but

781
00:42:28,239 --> 00:42:33,800
Speaker 1: also a CIA officer. Chairman McCall brought forth the matter

782
00:42:33,880 --> 00:42:36,480
Speaker 1: of an intelligence failure. We've heard about this quite a

783
00:42:36,480 --> 00:42:40,000
Speaker 1: bit since last weekend. He said the Egyptians gave intelligence

784
00:42:40,000 --> 00:42:43,000
Speaker 1: to Israel that could have prevented this attack three days

785
00:42:43,200 --> 00:42:47,960
Speaker 1: before it happened. Why do you think they did not respond?

786
00:42:48,120 --> 00:42:48,279
Speaker 5: Well?

787
00:42:48,400 --> 00:42:52,520
Speaker 13: I think the Israelis has question whether the information was valid.

788
00:42:52,880 --> 00:42:56,040
Speaker 13: I haven't seen a confirmation of that. But ultimately, this

789
00:42:56,239 --> 00:43:00,520
Speaker 13: was attacks that have been planning probably months, if not

790
00:43:00,800 --> 00:43:04,200
Speaker 13: years in the works, and so uh, you know, part

791
00:43:04,239 --> 00:43:08,279
Speaker 13: of it was that Hamas went real low tech. They

792
00:43:08,400 --> 00:43:11,600
Speaker 13: weren't using smartphones and technology. They were doing some two

793
00:43:11,680 --> 00:43:14,440
Speaker 13: G related stuff. When it came to the day of

794
00:43:14,480 --> 00:43:19,719
Speaker 13: the attack, they basically just used bulldozers and and and

795
00:43:19,840 --> 00:43:23,399
Speaker 13: went through certain areas that people weren't prepared for that

796
00:43:23,520 --> 00:43:27,120
Speaker 13: kind of of activity. But this is something that I

797
00:43:27,160 --> 00:43:31,120
Speaker 13: know the Israeli government is looking into now. But this

798
00:43:31,239 --> 00:43:34,480
Speaker 13: is it's just getting even more complicated. You have Hezbollah,

799
00:43:34,560 --> 00:43:37,200
Speaker 13: it seems to be getting into this fight. The fact

800
00:43:37,280 --> 00:43:40,440
Speaker 13: that you have U, the UAE, the Imiratis telling the

801
00:43:40,520 --> 00:43:44,000
Speaker 13: Syrians to stay out of this. This is we live

802
00:43:44,040 --> 00:43:46,920
Speaker 13: in a complicated world, and we always have to be

803
00:43:47,000 --> 00:43:50,959
Speaker 13: prepared for for things that we don't necessarily uh plan

804
00:43:51,040 --> 00:43:53,879
Speaker 13: for and that goes to the United States as well.

805
00:43:53,920 --> 00:43:56,680
Speaker 13: And that's why I think Congress and the how specifically,

806
00:43:57,040 --> 00:44:00,000
Speaker 13: all these jokers that are trying to prevent Steve's skill

807
00:44:00,080 --> 00:44:03,080
Speaker 13: leads from becoming the next speaker I need to get

808
00:44:03,080 --> 00:44:05,239
Speaker 13: in line, make sure we get a leader of the

809
00:44:05,280 --> 00:44:08,279
Speaker 13: House so we can do things like pass a D

810
00:44:08,360 --> 00:44:11,920
Speaker 13: O D budget. The Senate needs to be passing you know,

811
00:44:12,120 --> 00:44:15,600
Speaker 13: ambassadors and folks within d O D because we need

812
00:44:15,640 --> 00:44:18,520
Speaker 13: to have be at full strength for for what's going

813
00:44:18,560 --> 00:44:20,200
Speaker 13: to be coming in the next weeks and months.

814
00:44:21,800 --> 00:44:24,560
Speaker 11: So Congressman, just to double down on that, your message

815
00:44:24,640 --> 00:44:28,120
Speaker 11: to your former colleagues in the Republican Conference in the

816
00:44:28,120 --> 00:44:30,640
Speaker 11: House is get in line, vote for steve'scalice. That's what

817
00:44:30,680 --> 00:44:31,720
Speaker 11: you'd be telling them today.

818
00:44:32,560 --> 00:44:32,759
Speaker 8: Yeah.

819
00:44:32,800 --> 00:44:34,640
Speaker 13: Look, there's there's you know, I don't know if it's

820
00:44:34,640 --> 00:44:39,000
Speaker 13: still eight. But the people that are that are holding out,

821
00:44:39,280 --> 00:44:40,320
Speaker 13: what's your idea?

822
00:44:40,560 --> 00:44:40,719
Speaker 5: Right?

823
00:44:40,760 --> 00:44:42,800
Speaker 13: You know, they think, you know, come on, Tom Massey,

824
00:44:42,880 --> 00:44:44,960
Speaker 13: you put forward what's your plan is if you think

825
00:44:44,960 --> 00:44:47,640
Speaker 13: you can do it, better, put your name forward and

826
00:44:47,640 --> 00:44:51,520
Speaker 13: and and be speaker and and my you know, so,

827
00:44:51,520 --> 00:44:54,960
Speaker 13: so yeah, they they need to they think they're smarter

828
00:44:55,080 --> 00:44:59,280
Speaker 13: than everybody else. They're holding out for for for issues

829
00:44:59,360 --> 00:45:02,320
Speaker 13: that they already get access to. The fact that people

830
00:45:02,320 --> 00:45:04,600
Speaker 13: want to say, oh, we don't want an omnibus, well,

831
00:45:04,600 --> 00:45:06,880
Speaker 13: where were they in the last six months when the

832
00:45:06,880 --> 00:45:11,120
Speaker 13: Appropriations bills was moving through committee. They were the ones

833
00:45:11,160 --> 00:45:14,840
Speaker 13: that were preventing a vote on the rule that brings

834
00:45:14,840 --> 00:45:17,879
Speaker 13: some of these appropriations bills to the floor. So yes,

835
00:45:18,000 --> 00:45:22,040
Speaker 13: I would tell these the folks that are currently holding out,

836
00:45:23,160 --> 00:45:25,840
Speaker 13: we need It's the rest of the world is watching,

837
00:45:25,920 --> 00:45:29,600
Speaker 13: Americans are watching. There's a lot of problems that you know,

838
00:45:29,680 --> 00:45:32,200
Speaker 13: people are dealing with here and our allies are dealing

839
00:45:32,280 --> 00:45:35,319
Speaker 13: around the world, and we need to make sure we

840
00:45:35,440 --> 00:45:38,320
Speaker 13: have a legislative branch that actually is functioning.

841
00:45:39,719 --> 00:45:40,799
Speaker 3: Yeah, we'll see about that.

842
00:45:41,080 --> 00:45:44,480
Speaker 1: Apparently the first order of business will be a resolution

843
00:45:45,080 --> 00:45:48,160
Speaker 1: regarding Israel and then an ask for funding. Do you

844
00:45:48,200 --> 00:45:51,400
Speaker 1: think this is a smart move combining is really funding

845
00:45:51,480 --> 00:45:56,360
Speaker 1: with Ukrainian funding, border security funding and Taiwan? Or is

846
00:45:56,440 --> 00:45:58,960
Speaker 1: this what's wrong with Washington as some might suggest.

847
00:46:00,080 --> 00:46:03,640
Speaker 13: Well, look, I am an opponent of having the twelve

848
00:46:03,800 --> 00:46:07,960
Speaker 13: appropriations bills, having them come through committee, having the committee

849
00:46:07,960 --> 00:46:11,239
Speaker 13: debate these right, like that's the process. But now with

850
00:46:11,840 --> 00:46:13,920
Speaker 13: I think that we're less than thirty days now for

851
00:46:14,040 --> 00:46:19,040
Speaker 13: the next you know cliff of interim funding running out.

852
00:46:19,560 --> 00:46:22,080
Speaker 13: You also can't run you know, a large business like

853
00:46:22,120 --> 00:46:24,919
Speaker 13: the American government. You know, we're Fortune zero, you would

854
00:46:24,920 --> 00:46:28,640
Speaker 13: be the largest company in the world. And having you know,

855
00:46:28,800 --> 00:46:31,239
Speaker 13: D O D not be able to make decisions from

856
00:46:31,280 --> 00:46:34,040
Speaker 13: a long term planning is a problem. You know, we

857
00:46:34,120 --> 00:46:39,160
Speaker 13: hear about these issues of ammunition problem. Right if we're

858
00:46:39,160 --> 00:46:41,560
Speaker 13: helping the Ukrainians and we're helping the Israelis, we got

859
00:46:41,600 --> 00:46:43,799
Speaker 13: to make sure that we have enough and we need

860
00:46:43,840 --> 00:46:47,040
Speaker 13: to be having long term plans in place to ensure

861
00:46:47,120 --> 00:46:49,920
Speaker 13: that we don't have ammunition's problem if this if this

862
00:46:50,040 --> 00:46:55,120
Speaker 13: conflict increases or in order to protect ourselves. So so

863
00:46:55,200 --> 00:46:58,319
Speaker 13: that's where I think we should go. But I keep

864
00:46:58,360 --> 00:47:00,560
Speaker 13: saying this over and over that the world only getting

865
00:47:00,560 --> 00:47:06,120
Speaker 13: more dangerous, and HESBLA being in place and playing now

866
00:47:06,560 --> 00:47:09,799
Speaker 13: is potentially going to make this more complicated. We need

867
00:47:09,840 --> 00:47:12,920
Speaker 13: to be putting sanctions back on the Iranians because the

868
00:47:12,960 --> 00:47:17,120
Speaker 13: Iranians are obviously involved in some form or fashion here

869
00:47:17,840 --> 00:47:19,839
Speaker 13: and so so these are the steps that we need

870
00:47:19,880 --> 00:47:22,920
Speaker 13: to be taking in order to protect Americans, but also

871
00:47:22,920 --> 00:47:25,839
Speaker 13: our allies. We can't do this by ourselves and our

872
00:47:25,960 --> 00:47:27,880
Speaker 13: and guess what the rest of the world is watching.

873
00:47:28,160 --> 00:47:31,920
Speaker 13: The Chinese government is trying to blame the current crisis

874
00:47:31,960 --> 00:47:37,160
Speaker 13: in Israel on the United States, which is absolutely ridiculous

875
00:47:37,600 --> 00:47:40,359
Speaker 13: and so so, but having these having these dumb food

876
00:47:40,400 --> 00:47:44,600
Speaker 13: fights in Washington that happen almost every six months is

877
00:47:44,640 --> 00:47:45,879
Speaker 13: a waste of everybody's time.

878
00:47:47,800 --> 00:47:50,239
Speaker 11: Well, as you talk about the world being dangerous and

879
00:47:50,280 --> 00:47:53,239
Speaker 11: potentially the expanding, we are just getting some headlines out

880
00:47:53,280 --> 00:47:55,480
Speaker 11: from Admiral John Kirby, who of course is a spokesman

881
00:47:55,800 --> 00:47:58,359
Speaker 11: for the NFC, saying there's no sign of a new

882
00:47:58,400 --> 00:48:01,600
Speaker 11: actor trying to widen the is real conflict yet. And

883
00:48:01,640 --> 00:48:04,080
Speaker 11: yet when we think about where we began this conversation

884
00:48:04,160 --> 00:48:07,279
Speaker 11: Congressman about the intelligence failures, how can we be show

885
00:48:07,320 --> 00:48:10,120
Speaker 11: sure we wouldn't miss an escalation of some kind.

886
00:48:11,200 --> 00:48:15,319
Speaker 13: The head of the IRGC Coulds Force was in the

887
00:48:15,400 --> 00:48:20,879
Speaker 13: region months ago, meeting with all these actors that are involved. Now,

888
00:48:21,280 --> 00:48:24,520
Speaker 13: the fact that you're saying seeing the same tactics, techniques

889
00:48:24,560 --> 00:48:28,680
Speaker 13: and procedures used by Hesba Lah that that Hamas did

890
00:48:28,800 --> 00:48:32,279
Speaker 13: over on Saturday is an indication right there that there

891
00:48:32,320 --> 00:48:35,919
Speaker 13: is a level of coordination. These two groups would not

892
00:48:36,080 --> 00:48:42,160
Speaker 13: have done this level of activity without a tacit approval

893
00:48:42,920 --> 00:48:46,960
Speaker 13: from their masters, which is which is ultimately Iran. And

894
00:48:47,280 --> 00:48:50,080
Speaker 13: this is the problem that the the Biden administration is

895
00:48:50,120 --> 00:48:52,960
Speaker 13: playing like this, this notion that they're trying to not

896
00:48:53,360 --> 00:48:56,000
Speaker 13: you know, make ran out to be the bad guy.

897
00:48:56,640 --> 00:48:59,920
Speaker 13: The Iranian government is not going to change its spots.

898
00:49:00,280 --> 00:49:04,520
Speaker 13: They have been lying to and misleading the international community

899
00:49:04,840 --> 00:49:09,000
Speaker 13: for over thirty years. They have been killing innocent people

900
00:49:09,360 --> 00:49:12,319
Speaker 13: for over thirty years. They're killed their own people that

901
00:49:12,400 --> 00:49:16,080
Speaker 13: are protesting. And so this notion that you know, hey,

902
00:49:16,280 --> 00:49:19,359
Speaker 13: there's not a smoking gun that the Iranians are behind it.

903
00:49:19,640 --> 00:49:22,240
Speaker 13: The fact that you had the leader of in essence,

904
00:49:22,320 --> 00:49:26,319
Speaker 13: the combination of Iranian special forces and intelligence meeting with

905
00:49:26,440 --> 00:49:29,760
Speaker 13: senior leaders of these groups that did this attack, that's

906
00:49:30,000 --> 00:49:31,760
Speaker 13: that we call that smoke.

907
00:49:34,200 --> 00:49:36,360
Speaker 1: I have to ask you about the campaign that you

908
00:49:36,560 --> 00:49:40,520
Speaker 1: just left, and I'm sure that you're going through some

909
00:49:40,640 --> 00:49:43,560
Speaker 1: interesting emotions having come off the trail here, but you

910
00:49:43,600 --> 00:49:45,160
Speaker 1: did endorse Nicky Haley.

911
00:49:45,640 --> 00:49:46,200
Speaker 3: Will herd.

912
00:49:46,560 --> 00:49:49,120
Speaker 1: I wonder your thoughts on how she can close the gap,

913
00:49:49,160 --> 00:49:52,120
Speaker 1: if that's even possible with Donald Trump, who's leading her

914
00:49:52,160 --> 00:49:55,240
Speaker 1: anywhere from fifty to sixty points depending on the polls.

915
00:49:55,239 --> 00:49:58,040
Speaker 1: I know she's emerging as a real contender for number

916
00:49:58,080 --> 00:50:00,680
Speaker 1: two here. But Donald Trump won't even on the stage

917
00:50:00,680 --> 00:50:02,719
Speaker 1: again at this next debate, and no one seems to

918
00:50:02,760 --> 00:50:04,080
Speaker 1: be able to lay a glove on him.

919
00:50:04,600 --> 00:50:06,399
Speaker 13: Well, he's not gonna be on the debate because he's

920
00:50:06,440 --> 00:50:09,000
Speaker 13: afraid to debate and he's afraid to have people come

921
00:50:09,040 --> 00:50:11,759
Speaker 13: at him. And ultimately, one of the things that Nicki

922
00:50:11,840 --> 00:50:14,759
Speaker 13: Haley has right now, she has momentum. She has a

923
00:50:14,800 --> 00:50:18,080
Speaker 13: great grassroots game. I'm on the ground in places like

924
00:50:18,160 --> 00:50:23,400
Speaker 13: Iowa and in New Hampshire. Yes, Donald Trump is the

925
00:50:23,480 --> 00:50:26,239
Speaker 13: leader of the pack right now, but Donald Trump being

926
00:50:26,280 --> 00:50:29,200
Speaker 13: the Republican nominee is not inevitable. And one of the

927
00:50:29,200 --> 00:50:32,680
Speaker 13: reasons that Nicky Haley is building momentum is she's trying

928
00:50:32,719 --> 00:50:35,240
Speaker 13: to make sure America's focused on the most important issues.

929
00:50:35,480 --> 00:50:40,960
Speaker 13: That's national security, border security, our economy, education, and imagine,

930
00:50:41,040 --> 00:50:43,160
Speaker 13: you know, with this complicated world that we've just been

931
00:50:43,200 --> 00:50:45,600
Speaker 13: talking about for the last couple of years, I want

932
00:50:45,640 --> 00:50:48,759
Speaker 13: someone who can go in on day one and deal

933
00:50:48,800 --> 00:50:51,160
Speaker 13: with these issues. I don't want people that are in

934
00:50:51,200 --> 00:50:55,320
Speaker 13: their eighties. I'm having to deal with this or completely unpredictable.

935
00:50:55,719 --> 00:50:58,680
Speaker 13: And that's why, you know, as I wanted to be

936
00:50:58,760 --> 00:51:01,600
Speaker 13: the nominee, but that that's why I'm proud to ultimately

937
00:51:01,680 --> 00:51:05,520
Speaker 13: support Ambassador Haley because I think she has the tools

938
00:51:05,840 --> 00:51:08,400
Speaker 13: and the momentum to put a dent. We have a

939
00:51:08,440 --> 00:51:12,040
Speaker 13: long way to go before voting happens, but it's important

940
00:51:12,040 --> 00:51:18,279
Speaker 13: that we start consolidating between Halloween and Thanksgiving because this

941
00:51:18,400 --> 00:51:20,839
Speaker 13: is you know, this is in critical time in these

942
00:51:20,840 --> 00:51:22,920
Speaker 13: campaigns and we can't make the same mistakes in twenty

943
00:51:22,920 --> 00:51:24,360
Speaker 13: six that we made in twenty sixteen.

944
00:51:26,160 --> 00:51:28,440
Speaker 11: Congressman, we only have thirty seconds left. But what is

945
00:51:28,480 --> 00:51:31,480
Speaker 11: it signal to you that former President Trump said he

946
00:51:31,560 --> 00:51:34,399
Speaker 11: endorsed Jim Jordan for this speaker's nomination and he didn't

947
00:51:34,400 --> 00:51:34,759
Speaker 11: get it.

948
00:51:36,040 --> 00:51:38,200
Speaker 13: Well, Donald Trump is not the king maker that he

949
00:51:38,200 --> 00:51:40,760
Speaker 13: thinks he is, and that there's a lot of people

950
00:51:41,560 --> 00:51:43,840
Speaker 13: that are are sick and tired of his baggage and

951
00:51:43,880 --> 00:51:46,560
Speaker 13: recognize that the last time Donald Trump won was in

952
00:51:46,640 --> 00:51:49,719
Speaker 13: twenty sixteen. He lost the Senate in twenty eighteen, he

953
00:51:49,760 --> 00:51:51,560
Speaker 13: lost the House in twenty twenty, and he ran in

954
00:51:51,640 --> 00:51:53,839
Speaker 13: red way from happening, and this is you know this

955
00:51:53,880 --> 00:51:54,760
Speaker 13: is not going to change.

956
00:51:56,280 --> 00:51:58,279
Speaker 3: Glad to have you back with us. Will Hurd don't

957
00:51:58,280 --> 00:51:58,920
Speaker 3: be a stranger.

958
00:51:58,960 --> 00:52:03,719
Speaker 1: The former congressman, former CIA officer, and yeah, former Republican

959
00:52:03,760 --> 00:52:06,600
Speaker 1: presidential candidate with us today on sound On, I'm Joe

960
00:52:06,680 --> 00:52:09,480
Speaker 1: Matthew with Kaylee Lions. Breaking news on the Speaker. Next,

961
00:52:09,600 --> 00:52:10,759
Speaker 1: this is Bloomberg.

962
00:52:14,880 --> 00:52:18,239
Speaker 2: You're listening to the Bloomberg Sound On podcast. Catch the

963
00:52:18,280 --> 00:52:21,080
Speaker 2: program live weekdays at one Eastern on.

964
00:52:21,040 --> 00:52:24,160
Speaker 9: Bloomberg Radio, the tune in app, Bloomberg dot Com, and

965
00:52:24,200 --> 00:52:25,560
Speaker 9: the Bloomberg Business App.

966
00:52:25,680 --> 00:52:28,560
Speaker 2: You can also listen live on Amazon Alexa from our

967
00:52:28,560 --> 00:52:33,040
Speaker 2: flagship New York station. Just say Alexa play Bloomberg eleven thirty.

968
00:52:34,200 --> 00:52:37,520
Speaker 1: We have breaking news on the race for Speaker. If

969
00:52:37,560 --> 00:52:40,120
Speaker 1: you've been with us since we took air about ninety

970
00:52:40,160 --> 00:52:43,799
Speaker 1: minutes ago, you've been following along. We have a nominee.

971
00:52:43,880 --> 00:52:47,000
Speaker 1: That's how this all began. Around one pm Eastern time,

972
00:52:47,120 --> 00:52:52,239
Speaker 1: Steve Scalise nominated by his Republican colleagues, at least some

973
00:52:52,320 --> 00:52:55,439
Speaker 1: of them in the House, not enough to actually win

974
00:52:55,600 --> 00:52:58,560
Speaker 1: the speakership though, and it's still unclear exactly when this

975
00:52:58,600 --> 00:53:00,800
Speaker 1: is going to go to the floor. I'm Joe, Matthew

976
00:53:00,840 --> 00:53:02,960
Speaker 1: and Washington along with Kaylee Lines. We do have an

977
00:53:02,960 --> 00:53:05,920
Speaker 1: important development since then, though, Kaylee, because of course we

978
00:53:05,960 --> 00:53:09,120
Speaker 1: had Scalise and Jim Jordan. It appears Jim Jordan is

979
00:53:09,160 --> 00:53:10,600
Speaker 1: now in camp Scalise.

980
00:53:10,880 --> 00:53:12,799
Speaker 11: Yeah, we know that Jordan and Scalise met in the

981
00:53:12,800 --> 00:53:15,400
Speaker 11: Capitol just a short time ago, and now per Congressman

982
00:53:15,480 --> 00:53:19,120
Speaker 11: Jordan's spokesperson, we understand that what Jordan offered was to

983
00:53:19,120 --> 00:53:22,560
Speaker 11: give the nominating speech for Scalise on the floor.

984
00:53:22,680 --> 00:53:23,120
Speaker 3: Amazing.

985
00:53:23,160 --> 00:53:24,839
Speaker 11: That seems like a real unity move.

986
00:53:25,040 --> 00:53:26,560
Speaker 3: That would be That would be the move.

987
00:53:26,480 --> 00:53:28,480
Speaker 11: You'd think would be a signal for all of those

988
00:53:28,520 --> 00:53:31,880
Speaker 11: who had endorsed Jordan and voted for him in this closed,

989
00:53:32,200 --> 00:53:36,000
Speaker 11: closed door, secret ballot session today to get behind Scalise

990
00:53:36,120 --> 00:53:37,280
Speaker 11: and get the House of Speaker.

991
00:53:37,360 --> 00:53:41,760
Speaker 1: Now, we know there are some lawmakers, maybe many members

992
00:53:41,760 --> 00:53:44,040
Speaker 1: of the Republican conference who are not on board with Scalise.

993
00:53:44,120 --> 00:53:46,000
Speaker 1: He got one hundred and thirteen out of two hundred

994
00:53:46,000 --> 00:53:48,560
Speaker 1: and twenty one votes. Tom Massey says he's not on

995
00:53:48,560 --> 00:53:51,120
Speaker 1: board on Twitter. Marje Maarth Tayler Green is not on board.

996
00:53:51,120 --> 00:53:54,120
Speaker 1: He can afford four I guess ye at this point,

997
00:53:54,360 --> 00:53:58,560
Speaker 1: we need two seventeen to actually get the job, and

998
00:53:59,480 --> 00:54:01,960
Speaker 1: it must be a flurry behind closed doors right now.

999
00:54:02,000 --> 00:54:05,879
Speaker 1: Is Steves Scalise a master at whipping votes trying to

1000
00:54:05,920 --> 00:54:08,000
Speaker 1: get everybody on board here, Maybe it's already done.

1001
00:54:08,040 --> 00:54:10,440
Speaker 11: It could be done, yeah, and we're waiting to find out.

1002
00:54:10,440 --> 00:54:12,400
Speaker 11: And of course the timing is still very much a

1003
00:54:12,520 --> 00:54:15,320
Speaker 11: question mark at this point. We're getting reports from CNN

1004
00:54:15,360 --> 00:54:17,520
Speaker 11: that there will not be a vote on actually electing

1005
00:54:17,560 --> 00:54:20,560
Speaker 11: a speaker this afternoon. We're going to have to wait

1006
00:54:20,600 --> 00:54:24,080
Speaker 11: and obviously get the final call on that, but it

1007
00:54:24,200 --> 00:54:25,799
Speaker 11: just kind of speaks to the fact that there's still

1008
00:54:25,840 --> 00:54:28,480
Speaker 11: some whipping to do around this. By no means, has

1009
00:54:28,520 --> 00:54:30,080
Speaker 11: Scalise firmly sealed the dealer.

1010
00:54:30,200 --> 00:54:32,400
Speaker 1: Yeah, nobody's going in front of the c SPAN cameras

1011
00:54:32,440 --> 00:54:36,840
Speaker 1: until this is settled. We spoke earlier in the broadcast

1012
00:54:36,880 --> 00:54:38,920
Speaker 1: about half an hour ago with Michael McCall, the chairman

1013
00:54:38,920 --> 00:54:41,319
Speaker 1: of the House Foreign Affairs Committee, who briefed all the

1014
00:54:41,320 --> 00:54:45,280
Speaker 1: members earlier today on the situation in Israel. He said

1015
00:54:45,280 --> 00:54:47,240
Speaker 1: that a vote could come as soon as three pm,

1016
00:54:47,239 --> 00:54:49,640
Speaker 1: which would be thirty five minutes from now, but if

1017
00:54:49,640 --> 00:54:51,680
Speaker 1: the Chairman of the House Foreign Affairs Committee doesn't know.

1018
00:54:51,760 --> 00:54:54,799
Speaker 1: It's clear that this is a very fluid situation. Yes,

1019
00:54:54,880 --> 00:54:57,640
Speaker 1: absolutely so we should talk to Wendy about it and

1020
00:54:57,680 --> 00:54:59,520
Speaker 1: see what she's got. She's actually been on the news

1021
00:54:59,520 --> 00:55:03,240
Speaker 1: desk until about two seconds ago. Wendy Benjaminson, Washington Senior

1022
00:55:03,320 --> 00:55:05,320
Speaker 1: editor here at Bloomberg. It's good to see it. This

1023
00:55:05,440 --> 00:55:08,520
Speaker 1: is shifting beneath our feet. We're gonna have a speaker

1024
00:55:08,520 --> 00:55:09,239
Speaker 1: by the end of the day.

1025
00:55:09,680 --> 00:55:12,439
Speaker 14: I your guess is as good as mine, Joe, from

1026
00:55:12,480 --> 00:55:15,439
Speaker 14: everything you and Kelly were just saying, and from what's

1027
00:55:15,480 --> 00:55:17,360
Speaker 14: happening him there, I mean Jim Jordan says he's going

1028
00:55:17,440 --> 00:55:19,640
Speaker 14: to nominate him. There are people saying they aren't going

1029
00:55:19,719 --> 00:55:23,799
Speaker 14: to vote for them if they I think having the

1030
00:55:23,880 --> 00:55:27,200
Speaker 14: vote is probably something Scalice wants, because let's just wrap

1031
00:55:27,239 --> 00:55:29,560
Speaker 14: this up and move on. I do think they may

1032
00:55:29,600 --> 00:55:33,759
Speaker 14: be being pressured one by the impression the US is

1033
00:55:33,800 --> 00:55:37,000
Speaker 14: getting that these guys are may not be fit to govern,

1034
00:55:37,000 --> 00:55:39,680
Speaker 14: and that there's kind of a clown car atmosphere around

1035
00:55:39,719 --> 00:55:42,000
Speaker 14: all of this, since they Austin McCarthy. While there are

1036
00:55:42,000 --> 00:55:45,560
Speaker 14: some very very serious issues going on, not the least

1037
00:55:45,560 --> 00:55:48,880
Speaker 14: of which is the war in Israel and the spending

1038
00:55:49,360 --> 00:55:53,239
Speaker 14: fight that needs to happen before November seventeenth, when it

1039
00:55:53,239 --> 00:55:57,480
Speaker 14: shuts down again. But there are already people complaining about

1040
00:55:57,520 --> 00:55:59,600
Speaker 14: the vote at three o'clock, saying that doesn't give us

1041
00:55:59,680 --> 00:56:01,680
Speaker 14: enough time. We don't know who we're going to vote for.

1042
00:56:02,160 --> 00:56:05,600
Speaker 14: So the House, as is typical, may recess and come

1043
00:56:05,640 --> 00:56:07,120
Speaker 14: back tomorrow and try it again.

1044
00:56:07,239 --> 00:56:09,960
Speaker 11: Well, and it's worth noting they at least a decent

1045
00:56:10,040 --> 00:56:12,040
Speaker 11: chunk of them tried to get themselves more time to

1046
00:56:12,080 --> 00:56:15,640
Speaker 11: do this behind closed doors. That rules change proposal that

1047
00:56:15,760 --> 00:56:18,280
Speaker 11: got tabled earlier today, but would have raised the threshold

1048
00:56:18,280 --> 00:56:20,240
Speaker 11: to make sure that two hundred and seventeen was secure

1049
00:56:20,680 --> 00:56:21,880
Speaker 11: before it got to the floor.

1050
00:56:21,960 --> 00:56:24,240
Speaker 14: Well, I bet Scale is pretty happy that rules change

1051
00:56:24,280 --> 00:56:25,759
Speaker 14: got blocked, right because.

1052
00:56:25,560 --> 00:56:27,000
Speaker 5: He got one thirteen.

1053
00:56:27,040 --> 00:56:29,520
Speaker 14: He's got a ways to go to lock this up.

1054
00:56:29,640 --> 00:56:31,719
Speaker 11: But what that means, though, Wendy, is that to your

1055
00:56:31,760 --> 00:56:34,640
Speaker 11: point about kind of the public perception and oh clown

1056
00:56:34,680 --> 00:56:37,840
Speaker 11: show whatever, they might have to go through many rounds

1057
00:56:37,880 --> 00:56:40,880
Speaker 11: publicly on the floor in front of the American people

1058
00:56:40,920 --> 00:56:43,040
Speaker 11: and the rest of the world. Again, if he doesn't

1059
00:56:43,080 --> 00:56:45,400
Speaker 11: secure two hundred and seventeen in advance.

1060
00:56:45,080 --> 00:56:47,880
Speaker 14: That's right, and the next thing that will happen, you know,

1061
00:56:47,960 --> 00:56:50,719
Speaker 14: as I can be pretty certain, is that Donald Trump,

1062
00:56:50,760 --> 00:56:55,040
Speaker 14: who endorsed Jim Jordan, will start complaining about Steve Scalise,

1063
00:56:55,480 --> 00:56:58,320
Speaker 14: will harden some of the people like Marjorie Taylor Green

1064
00:56:58,480 --> 00:57:02,719
Speaker 14: and Tom Massey against Scullies and you know, really help

1065
00:57:02,760 --> 00:57:03,520
Speaker 14: smooth things out.

1066
00:57:04,239 --> 00:57:06,680
Speaker 1: We talked to Rick Davis about that last hour, and

1067
00:57:06,800 --> 00:57:09,839
Speaker 1: you know, because the idea that Scalice wouldn't want that

1068
00:57:09,880 --> 00:57:13,479
Speaker 1: threshold raise and expose himself to potential embarrassment on the floor.

1069
00:57:13,480 --> 00:57:16,439
Speaker 1: He said, it's politics. The only rule is to live

1070
00:57:16,520 --> 00:57:18,920
Speaker 1: to fight another day, and so here he is. Now,

1071
00:57:19,680 --> 00:57:23,760
Speaker 1: maybe that does take place behind closed doors. Jim Jordan

1072
00:57:23,880 --> 00:57:26,440
Speaker 1: might be the key to that, but we're still not

1073
00:57:26,480 --> 00:57:29,160
Speaker 1: sure where all the eight members stand. Matt Gates is

1074
00:57:29,160 --> 00:57:31,440
Speaker 1: in Scalisee's camp, right based.

1075
00:57:31,240 --> 00:57:35,000
Speaker 11: On said on Twitter's greater than McCarthy was the tweet.

1076
00:57:35,280 --> 00:57:37,160
Speaker 11: But he had said he told you and Anne Marie

1077
00:57:37,160 --> 00:57:40,479
Speaker 11: on balance of power jail with either that either Jordan

1078
00:57:40,560 --> 00:57:43,040
Speaker 11: or Scalise was better in his mind than Kevin McCarthy.

1079
00:57:43,080 --> 00:57:47,840
Speaker 1: Well, so is Kevin McCarthy drinking something expensive tonight? Is

1080
00:57:47,920 --> 00:57:51,160
Speaker 1: this idea of a unity candidate gone a Unity speaker

1081
00:57:51,640 --> 00:57:53,560
Speaker 1: him yea named Kevin McCarthy.

1082
00:57:53,720 --> 00:57:54,160
Speaker 5: It may be.

1083
00:57:54,520 --> 00:57:57,400
Speaker 14: I mean, I think his idea when he said yesterday,

1084
00:57:57,960 --> 00:58:01,400
Speaker 14: don't nominate me today or tomorrow, yesterday or today at

1085
00:58:01,400 --> 00:58:04,919
Speaker 14: this point, I think he was thinking he could come

1086
00:58:04,960 --> 00:58:07,120
Speaker 14: in and be the knight and shining armor on a

1087
00:58:07,160 --> 00:58:12,200
Speaker 14: white horse and save the day. And yes, exactly, but

1088
00:58:12,600 --> 00:58:15,240
Speaker 14: maybe he doesn't need to. I think, you know, honestly,

1089
00:58:15,280 --> 00:58:19,160
Speaker 14: I think Kevin McCarthy's interest is in this coming together

1090
00:58:19,320 --> 00:58:23,200
Speaker 14: because they will you know, this will hurt their chances

1091
00:58:23,200 --> 00:58:25,919
Speaker 14: to hold the majority even a year from now if

1092
00:58:26,000 --> 00:58:29,320
Speaker 14: this sort of shenanigans keep going on. And there are

1093
00:58:29,360 --> 00:58:31,960
Speaker 14: some serious issues, as I said, that need to be addressed,

1094
00:58:32,000 --> 00:58:33,680
Speaker 14: and I think they all realize that well.

1095
00:58:33,720 --> 00:58:37,120
Speaker 11: And given those issues, which there is a bipartisan call

1096
00:58:37,280 --> 00:58:39,880
Speaker 11: for the issue of Israel to be addressed, for Congress

1097
00:58:39,920 --> 00:58:43,280
Speaker 11: to pass a resolution Condemnicamas or do whatever needs to

1098
00:58:43,280 --> 00:58:47,120
Speaker 11: be done in terms of approving additional aid, could we see,

1099
00:58:47,400 --> 00:58:50,840
Speaker 11: knowing that urgency, democrats do something we wouldn't expect them to.

1100
00:58:51,360 --> 00:58:53,840
Speaker 14: I don't think, or is that just I don't think

1101
00:58:53,840 --> 00:58:54,480
Speaker 14: so this time?

1102
00:58:54,520 --> 00:58:54,800
Speaker 5: I don't.

1103
00:58:54,800 --> 00:58:57,760
Speaker 14: I think perhaps if this were a nine to eleven situation,

1104
00:58:57,920 --> 00:59:00,000
Speaker 14: and God forbid, it would be a nine to eleven situation.

1105
00:59:00,320 --> 00:59:03,040
Speaker 14: I think if there was something on American soil involving

1106
00:59:03,040 --> 00:59:07,040
Speaker 14: more Americans, maybe at that extreme would they do something.

1107
00:59:07,080 --> 00:59:09,680
Speaker 14: But right now they're going to put up hockeing Jefferies

1108
00:59:09,760 --> 00:59:14,360
Speaker 14: is their nominee. Then Steve Scalise will probably be the

1109
00:59:14,400 --> 00:59:18,280
Speaker 14: nominee that the Republicans put up, and then they'll Jefferies

1110
00:59:18,280 --> 00:59:21,520
Speaker 14: won't have enough votes, Scalise may have enough vote, not

1111
00:59:21,600 --> 00:59:24,440
Speaker 14: have enough votes, and then we're back to the January

1112
00:59:24,480 --> 00:59:26,280
Speaker 14: Show all over again.

1113
00:59:26,360 --> 00:59:29,080
Speaker 3: The January Show that could be on Netflix.

1114
00:59:29,120 --> 00:59:34,040
Speaker 1: I feel like it was a big hit. Larry David

1115
00:59:34,120 --> 00:59:38,560
Speaker 1: directed so we as I mentioned, heard from Chairman McCall.

1116
00:59:38,560 --> 00:59:40,640
Speaker 1: Michael McCall, Republican from Texas. He's got a lot of

1117
00:59:40,680 --> 00:59:43,840
Speaker 1: influence in the conference and he's got his eyes on

1118
00:59:43,880 --> 00:59:45,840
Speaker 1: the eight who caused this.

1119
00:59:45,920 --> 00:59:47,280
Speaker 3: Here's what he told us.

1120
00:59:47,320 --> 00:59:50,080
Speaker 10: And I think that's going to be the critical mass

1121
00:59:50,480 --> 00:59:55,200
Speaker 10: point here is getting some of those eight votes to

1122
00:59:55,800 --> 01:00:00,920
Speaker 10: move over to unify as a conference. This is not

1123
01:00:01,040 --> 01:00:04,400
Speaker 10: good for the Republican Party if we can't unify, but

1124
01:00:04,440 --> 01:00:08,560
Speaker 10: it's not good for the American people either, especially at

1125
01:00:08,560 --> 01:00:11,200
Speaker 10: the dangerous time that we're in right now. What I

1126
01:00:11,640 --> 01:00:15,360
Speaker 10: said to my conference was that we cannot afford this anymore.

1127
01:00:16,120 --> 01:00:18,440
Speaker 10: Let's be grown ups in the room. Let's get a

1128
01:00:18,480 --> 01:00:21,360
Speaker 10: speaker in the chair, and let's do the business of

1129
01:00:21,440 --> 01:00:24,680
Speaker 10: the people and stop messing around with politics.

1130
01:00:26,120 --> 01:00:29,120
Speaker 1: I suspect he might have more colorful language for someone

1131
01:00:29,160 --> 01:00:31,480
Speaker 1: like Mat Gates in person, but you can hear the

1132
01:00:31,520 --> 01:00:33,080
Speaker 1: concern of the chairman's voice.

1133
01:00:33,240 --> 01:00:35,680
Speaker 14: Absolutely, you can hear his concern. And we heard it

1134
01:00:35,720 --> 01:00:39,080
Speaker 14: from Larry Hogan, the former Maryland governor, who we had

1135
01:00:39,120 --> 01:00:42,440
Speaker 14: in yesterday at the in the Bloomberg newsroom to say

1136
01:00:42,840 --> 01:00:45,560
Speaker 14: called Matt Gates a cancer on Congress.

1137
01:00:45,640 --> 01:00:47,680
Speaker 3: This is really he is not a record.

1138
01:00:48,040 --> 01:00:50,720
Speaker 14: Yeah, he is not the most popular guy in the

1139
01:00:50,760 --> 01:00:53,200
Speaker 14: House right now for causing all of these problems in

1140
01:00:53,280 --> 01:00:56,280
Speaker 14: an election year where they do want to look like

1141
01:00:56,400 --> 01:00:58,160
Speaker 14: grown ups in the room. It's just so funny that

1142
01:00:58,240 --> 01:01:00,600
Speaker 14: we keep coming back to that phrase grown up in

1143
01:01:00,640 --> 01:01:02,560
Speaker 14: the room. I mean, McCarthy said it a couple of

1144
01:01:02,600 --> 01:01:05,400
Speaker 14: weeks ago, and we keep coming back to that. And

1145
01:01:05,600 --> 01:01:08,960
Speaker 14: you know, being a House member, as Governor Hogan said,

1146
01:01:09,000 --> 01:01:11,920
Speaker 14: means more than a social media clever quip.

1147
01:01:12,400 --> 01:01:15,520
Speaker 11: Well, and that's one unpopular guy in the Republican conference.

1148
01:01:15,560 --> 01:01:18,200
Speaker 11: Another at this moment as Congressman George Santos, who is

1149
01:01:18,240 --> 01:01:22,840
Speaker 11: now facing an expulsion resolution after a superseding indictment yesterday.

1150
01:01:23,240 --> 01:01:26,960
Speaker 14: He was stealing Johner's identities. That's the charge. Right, How

1151
01:01:27,000 --> 01:01:29,920
Speaker 14: long does oh? I think we should get out the

1152
01:01:29,960 --> 01:01:32,960
Speaker 14: watch and start looking at this. I think right now,

1153
01:01:33,680 --> 01:01:36,360
Speaker 14: if they can get past the speaker nonsense, there will

1154
01:01:36,360 --> 01:01:38,400
Speaker 14: be a vote to expel him there. I mean it's

1155
01:01:38,400 --> 01:01:41,120
Speaker 14: his own delegation that put up the motion from to

1156
01:01:41,240 --> 01:01:44,560
Speaker 14: expel them. Yeah, so they I mean they want to

1157
01:01:44,600 --> 01:01:48,600
Speaker 14: stay in power. Remember that's what drives politicians, right, staying

1158
01:01:48,640 --> 01:01:52,640
Speaker 14: in power. And if you have someone who is dragging

1159
01:01:52,680 --> 01:01:55,960
Speaker 14: the whole group down, then they're going to They're going to.

1160
01:01:55,960 --> 01:01:58,800
Speaker 1: Check them out if it makes the math even more difficult.

1161
01:01:58,840 --> 01:02:00,880
Speaker 3: That's true for a thin Republican.

1162
01:02:00,920 --> 01:02:03,840
Speaker 14: And I think a Republican has already announced that he

1163
01:02:03,960 --> 01:02:07,320
Speaker 14: or she hadn't remember who it is, we'll run forcend

1164
01:02:07,440 --> 01:02:10,000
Speaker 14: just as seat, even though that's kind of a democratic

1165
01:02:10,080 --> 01:02:11,080
Speaker 14: area of Long Island.

1166
01:02:11,320 --> 01:02:12,120
Speaker 5: Yeah, we'll see.

1167
01:02:12,440 --> 01:02:14,720
Speaker 3: We saw the Swazi campaign announcement as well. That'll be

1168
01:02:14,720 --> 01:02:18,360
Speaker 3: an interesting race no matter who It is Wendy.

1169
01:02:18,400 --> 01:02:20,360
Speaker 1: Great to have you, as always, Wendy Benjaminson from the

1170
01:02:20,360 --> 01:02:23,040
Speaker 1: newsroom here at Bloomberg. She'll be back to running the

1171
01:02:23,120 --> 01:02:27,120
Speaker 1: Terminal now that we're letting her go. Thanks for listening

1172
01:02:27,160 --> 01:02:29,520
Speaker 1: to the Sound On podcast. Make sure to subscribe if

1173
01:02:29,560 --> 01:02:32,360
Speaker 1: you haven't already, at Apple, Spotify, and anywhere else you

1174
01:02:32,400 --> 01:02:35,120
Speaker 1: get your podcasts, and you can find us live every

1175
01:02:35,160 --> 01:02:38,520
Speaker 1: weekday from Washington, DC at one pm Eastern Time at

1176
01:02:38,520 --> 01:02:41,120
Speaker 1: Bloomberg dot com.