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Speaker 1: As Democrats be a power in the Republicans. President Trump

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Speaker 1: was secure to smash conventional norms. I would rather see

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Speaker 1: congressional solution. It's part of my DNA. This is Bloomberg

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Speaker 1: sound on Shirley on Bloomberg D two fire. Dr Faucci

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Speaker 1: the president hits retweet? Is it an endorsement? The latest

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Speaker 1: on the growing tension between President Trump and Dr Fauci,

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Speaker 1: Plus news slash US debt and deficit forecast to hit

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Speaker 1: levels not seen since World War Two, a foreshadowing of

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Speaker 1: the four Republican presidential primary, and Bernie Sanders speaking of

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Speaker 1: presidential politics, finally endorsing former Vice President Joe Biden, setting

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Speaker 1: a sign the rank corps of primary. We've got the

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Speaker 1: latest on all of that, Plus conversation with Frank Massano

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Speaker 1: from my exclusive interview with Secretary Broulette on the deal

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Speaker 1: between the Russians and the Saudias and OPEQ, what does

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Speaker 1: it mean for refineries here in the United States. You

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Speaker 1: are also now officially on Coronavirus Task Force briefing. UH

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Speaker 1: stand stand watch, watch, watching along. The President says he's

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Speaker 1: going to begin that momentarily so you can catch that

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Speaker 1: daily coronavirus Task Force Briefing right here on Bloomberg to

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Speaker 1: get through as we wait on standby, guys, if you're

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Speaker 1: listening to this. Yesterday one of my friends, my dear friend, Dammy,

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Speaker 1: she sent me an Easter basket and I had all

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Speaker 1: of this chocolate in it last night. It's there's none left.

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Speaker 1: All I did today was pick on Easter chocolate. If

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Speaker 1: you are like me and you celebrate Easter on Easter Monday,

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Speaker 1: hopefully you had some self control, because I you know,

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Speaker 1: it's it's uh, it's been quite an adventure munching from home.

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Speaker 1: I'm Kevin Silli, Chief Washington correspondent for Bloomberg Television of

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Speaker 1: Bloomberg Radio. Lots to get through again. President Trump expected

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Speaker 1: to deliver the daily Coronavirus Task Force briefing any minute.

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Speaker 1: You can listen to it right here live in its

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Speaker 1: entirety on Bloomberg FM. But some major developments both on

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Speaker 1: the economic front. As the President now openly weighing how

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Speaker 1: to reopen the economy, he has put together an economic

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Speaker 1: advisory team as it relates to that. In addition, he's

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Speaker 1: retweeted some criticism of Dr Fauci, who gave that CNN

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Speaker 1: interview to just see that. Wow. Beyond that front, the

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Speaker 1: President also laying down a political marker of sorts in

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Speaker 1: the last twenty four hours and saying that he is

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Speaker 1: the individual who he and he alone can decide over

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Speaker 1: the governors whether or not the economy reopens. Headlines from

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Speaker 1: my bloom Bird White House reporter colleagues now saying that

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Speaker 1: the briefing has been delayed until five thirty, so we

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Speaker 1: do have some time to dive into these issues as

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Speaker 1: we lead into that briefing. So that's what's happening on

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Speaker 1: the domestic front. Frank Massano is on the line. He's

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Speaker 1: a partner at brace Well's Policy Resolution Group. He's the

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Speaker 1: former press secretary to several Republican lawmaker is up on

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Speaker 1: Capitol Hill. Frank, I want to talk energy, but first

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Speaker 1: let's leave with the big story, and that is now

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Speaker 1: the President openly waying to open reopen parts of the economy.

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Speaker 1: How much longer can this go on without certain factions

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Speaker 1: of the economy opening Well, it's hard to stay keV

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Speaker 1: as you know. Um here, I'm hoping that the economy

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Speaker 1: will open up very quickly because I'm stuck here in

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Speaker 1: my house with my three kids who are college. Wow

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Speaker 1: that I thought I was getting rid of. I hope

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Speaker 1: they're not listening close to getting rid of. But UH,

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Speaker 1: but you know, I mean, look, I I think he

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Speaker 1: faces a quandary. Um. You know, part of this is

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Speaker 1: we've really we've closed down our entire functioning UH economy,

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Speaker 1: which is disastrous on many fronts. UM and even as

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Speaker 1: you see with the paycheck protection UH work that's going

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Speaker 1: on now, it's starting to get feed its way into

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Speaker 1: UH into the kind tree and help out businesses that

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Speaker 1: are stuck. But not everybody is using it the same way.

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Speaker 1: Not everybody is getting in there the same way. Independent

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Speaker 1: contractors and others are delayed and getting what UH involved

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Speaker 1: in the program. So you know it, there's there's some

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Speaker 1: help out there. But you know what really is going

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Speaker 1: to turn this back on is UH is an ability

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Speaker 1: to get the economy going again and get people moving again.

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Speaker 1: The hard part of that question is this the question

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Speaker 1: Dr Fauci was faced with yesterday, which is, you know,

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Speaker 1: can you do that and still be safe? And UM,

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Speaker 1: you know, you know I'm not expert enough to be

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Speaker 1: able to answer that question. I do know that I

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Speaker 1: would like it to be sooner rather than later. I

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Speaker 1: know others would like to be sooner rather than later,

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Speaker 1: but honestly, you know, we we we really have to

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Speaker 1: put put health and safety first. You know, you hear

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Speaker 1: that Rank Massa is on the line of Republican insider.

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Speaker 1: And then even as this is developing, this tension now

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Speaker 1: is open tension between the president versus Dr Fauci. You

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Speaker 1: also have states teaming up to reopen, uh to kind

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Speaker 1: of form an alliance is the wrong word, and economic

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Speaker 1: alliance of sorts to get on the same page for

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Speaker 1: reopening plans. So New York, Pennsylvania, Jersey, really clusters of

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Speaker 1: states saying that they're going to be working together on

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Speaker 1: reopening plans, which you know, I think from an outside

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Speaker 1: perspective is interesting. But at the end of the day,

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Speaker 1: I mean, people just want to get back to work.

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Speaker 1: You know, people just really want to get back to work.

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Speaker 1: So if you're the president, how do you manage how

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Speaker 1: do you manage finding that balance, Frank that you're talking

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Speaker 1: about while also giving governors the wiggle room to do

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Speaker 1: what they have to do, but still being rooted in

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Speaker 1: the health the health, the health facts. I do think

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Speaker 1: that he has to be consistent right um before he

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Speaker 1: leaned on governors a lot, no matter who they were,

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Speaker 1: Republican or Democrat. Um. You know you you you look

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Speaker 1: at Mike Dwine in Ohio, who was very aggressive in

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Speaker 1: the lead on this UM and while New York was

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Speaker 1: a little bit behind UH, they still were aggressive earlier

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Speaker 1: than some. So you know, I I think I think

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Speaker 1: these political leaders, one, I think it makes sense to

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Speaker 1: plan however possible. You can write. If it means coordinating

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Speaker 1: with local UH A fellow governor's neighboring governors who have

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Speaker 1: similar situations that you're facing, then you know, more power

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Speaker 1: you know, first of all, these governors in their in

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Speaker 1: work together to find the best way, in the best

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Speaker 1: well ahead of everything else. And no offense to Governor Clomo,

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Speaker 1: but I mean you heard what Governor Newsom said. Gavin

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Speaker 1: Newsom said of California, he was praying worthy of the

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Speaker 1: president in terms of getting the equipment to California. California

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Speaker 1: has been incredibly socially distanced. Uh, They've been praised by

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Speaker 1: the by the federal government for being able to flatten

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Speaker 1: their curve and whatnot. But even as all of this

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Speaker 1: is a bruin um more conversations about the next round

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Speaker 1: of economic stimulus. Did you see what Eric Wawson reported

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Speaker 1: today on the Bloomberg Terminal. The US federal budget deficit

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Speaker 1: is on track to exceed three point eight trillion dollars

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Speaker 1: this year, even if Congress doesn't enact any more stimulus spending,

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Speaker 1: and the nation's debt will rise to levels not seen

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Speaker 1: since the country emerged from World War Two. That's from

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Speaker 1: the Committee for Responsible I will say this to that,

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Speaker 1: you know, I mean, look, we have not faced the

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Speaker 1: situation like this ever before. I mean, my colleagues and

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Speaker 1: I have been talking about, you know, our our life

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Speaker 1: and our work careers, you know, forty thirty five to

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Speaker 1: forty years and our work careers for some of us,

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Speaker 1: and and we have never seen or faced any scenario

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Speaker 1: like this even after nine eleven. Um, we we've never

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Speaker 1: seen or faced the scenario like this. So UM it's

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Speaker 1: really hard to say that, you know, you you have

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Speaker 1: to worry about, uh, the deficit in a time of

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Speaker 1: emergency like this, given that people have just been for

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Speaker 1: no reason, just placed on the sidelines in the ecountyranks

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Speaker 1: stay on the line because we got to talk energy

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Speaker 1: when we come back after the jump. And also just

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Speaker 1: to note folks, I mean, yeah, we've got our deficit,

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Speaker 1: but it's jet to GDP ratio and when you rank

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Speaker 1: US against China, we're looking pretty good. Coming up much

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Speaker 1: more on energy politics for US President Trump's daily coronavirus

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Speaker 1: Taskfords breathing, I'm Kevin Surreally, you're listening to Bloomberg. You're

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Speaker 1: listening to Bloomberg. Sound on with Kevin Sile Non Bloomberg

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Speaker 1: and one or five point seven f MHD two. I'm

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Speaker 1: Kevin Cirilli, chief Washington correspondent for Bloomberg Television and Bloomberg Radio.

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Speaker 1: Oil price war ended earlier today with a historic OPEC

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Speaker 1: deal to slash output reading from the Bloomberg terminal. Of

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Speaker 1: the world's top oil producers pulled off a historic deal

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Speaker 1: to cut global petroleum output by nearly a tent wow,

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Speaker 1: putting an end to a devastating price war, but not

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Speaker 1: going far enough offset to offset the impact of the

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Speaker 1: coronavirus pandemic. Earlier today on Bloomberg Television, I interviewed Secretary

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Speaker 1: Burlette about this specific deal. Take a listen to my

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Speaker 1: interview with the US Energy Secretary Jam Burlett. It's a

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Speaker 1: very important deal, historic deal. It's one of the largest

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Speaker 1: deals ever u struck by OPEC plus members to reduce

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Speaker 1: production all across the world. In a reason it's important

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Speaker 1: is that what the demand being what it is, given

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Speaker 1: the COVID nineteen pandemic shutting down world economies, it's important

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Speaker 1: that we not overproduce oil. Right at the moment, we're

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Speaker 1: running into challenges. As you may know, the production of oil. Uh,

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Speaker 1: once you've once you've produced it and pulled it out

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Speaker 1: of the ground, you've got two options. You can either

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Speaker 1: use it or you can store it. And with demand

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Speaker 1: being what it is, using it is not an option,

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Speaker 1: so storage is becoming a premium. So it's important that

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Speaker 1: we slow the production for a time until this economy

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Speaker 1: comes back. No, I think it's interesting just given that

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Speaker 1: you mentioned COVID nineteen, but when you juxtapose that with

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Speaker 1: the Saudias and the Russians, how precisely did this deal

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Speaker 1: come about? And how how long is this deal going

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Speaker 1: to to last? Four Well, the deal came about because

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Speaker 1: world leaders engaged directly and personally. The President was personally

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Speaker 1: involved with this conversation from the very beginning and really

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Speaker 1: drove home the final results that you're seeing today. You know,

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Speaker 1: the COVID nineteen presents a challenge for all producers, so Saudi, Russians,

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Speaker 1: the United States, you know, be a conventional or unconventional

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Speaker 1: shale production, all in fact, all impacted by the reduction

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Speaker 1: in demand as a result of the pandemic. Everyone has

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Speaker 1: an interest in ensuring that the energy business comes back

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Speaker 1: post pandemic. And the way you do that is to

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Speaker 1: ensure that the wills are today not shut in permanently.

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Speaker 1: So you reduce the production, You moderate the production of oil,

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Speaker 1: try and matchic to demand to the best you can.

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Speaker 1: And in America that's done through free markets. In Cartel's

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Speaker 1: like OPEK gets done through mandates and through collective action.

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Speaker 1: So here domestically, as you know, the secretary, I mean,

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Speaker 1: what so many independent refineries are nervous about going bankrupt,

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Speaker 1: particularly given what's happening with COVID, what's happening internationally. What's

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Speaker 1: the administration doing, Secretary Roulettes to ensure that once the

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Speaker 1: COVID nineteen restrictions are lifted, uh and and given the

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Speaker 1: demand flow, what it is, that these refineries are not

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Speaker 1: going to have to seek bankruptcy protections. So we take

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Speaker 1: us a very aggressive steps. The Presidents has directed me

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Speaker 1: to open up the Strategic Petroleum Reserve and make that

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Speaker 1: storage available to the industry here in America, the domestic

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Speaker 1: producing industry here in America. Importantly, however, that the Presidents

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Speaker 1: also worked with the Congress to pass you know, what

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Speaker 1: you now know is the Cares Act, and within that

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Speaker 1: Act are some very important provisions. Perhaps one of the

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Speaker 1: most important is allowing this industry to deduct losses that

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Speaker 1: are incurred this year against the last five years of profits,

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Speaker 1: so that that provides an incredible amount of liquidity to

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Speaker 1: these smaller players in particular, and again shows up those

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Speaker 1: balance sheets, shows up their financial situations, so that they

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Speaker 1: can survive this this downturn and demand. So the President

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Speaker 1: has talked about going beyond the existing capacity to look

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Speaker 1: at more storage options options. What are some of those

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Speaker 1: options that your team is looking at, especially for those

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Speaker 1: refineries not by the Gulf States. So the federal law

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Speaker 1: allows the Department of Energy to develop up to one

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Speaker 1: billion barrels of storage. We're currently around seven hundred million

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Speaker 1: or so. That's the capacity of the Strategic Petroleum Reserve.

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Speaker 1: So I'll be working closely with Congress to check interest

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Speaker 1: on perhaps exp ending that storage capacity. We're also gonna

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Speaker 1: look at commercial options and see what what we might

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Speaker 1: have available there as well. So with working with Congress,

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Speaker 1: do you anticipate that, maybe, Secretary Broulette, that that portion

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Speaker 1: might be tied into the next round of economic stimulus

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Speaker 1: or will that have to move in a separate congressional vehicle. Well,

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Speaker 1: we'll make the argument. I think it's something that the

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Speaker 1: Congress should consider. They will, of course make the ultimate

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Speaker 1: decision as to whether or not they want to pursue that.

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Speaker 1: But we're gonna make some i think, very strong and

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Speaker 1: credible arguments while the additional why additional storage capacity is

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Speaker 1: important to the country. That was Secretary Yeah Broulette, the

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Speaker 1: US Energy Secretary, speaking earlier about that OPEC plus deal

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Speaker 1: that the US has reached really given the dynamics between

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Speaker 1: Russia and Saudi, francisade is on the line. He is

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Speaker 1: the go to guy inside of the Beltway with regards

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Speaker 1: to energy policy. Frank, thanks for sticking around. You hear

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Speaker 1: that interview, You're reappy to do it well. My first

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Speaker 1: reaction is um when you hear that, and I was

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Speaker 1: just not a call earlier with Andrew Wheeler, who's the

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Speaker 1: a p A administrator. When you hear these two guys

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Speaker 1: talk about substantive policy issues in their arena, do you

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Speaker 1: really get a sense that they are substantive experts and

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Speaker 1: they really are, Um, the kind of guys you want

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Speaker 1: to have give the keys to the agencies like the

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Speaker 1: d OE and e p A, because they really do

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Speaker 1: know their way around, They do know how policies work,

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Speaker 1: and they do know how to to move policies through

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Speaker 1: the agencies. I mean, just his his knowledge of of

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Speaker 1: the Strategic Petroleum Reserve and the challenges that we based

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Speaker 1: in the industry are are are are? You know? It's

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Speaker 1: enlightening to hear him talk about those things because you

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Speaker 1: really don't do know he knows what he's talking about.

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Speaker 1: So I hear that, Frank, But and you and I

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Speaker 1: have talked about this offline, and you know, I come

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Speaker 1: from an energy family in the sense that I've got

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Speaker 1: some people very close to me who work in refineries,

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Speaker 1: and you know, they're all they all want to get

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Speaker 1: back to work. There there's a real sense of economic

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Speaker 1: anxiety around the country, especially for refinery workers, especially for

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Speaker 1: those in the energy sector who are on the energy

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Speaker 1: sector's front lines domestically, and they want to get back

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Speaker 1: to work. And so I guess you know, this is

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Speaker 1: good news in the sense that there's less anxiety coming

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Speaker 1: internationally now. But this COVID nineteen situation, like many other industries,

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Speaker 1: it's presenting a real significant problem. And as we've talked

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Speaker 1: about previously, it was a double whammy we were facing, right. Um.

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Speaker 1: We were facing a political move that Saudi Arabia and

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Speaker 1: Russia made to flood the market with oil to to

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Speaker 1: bottom out the price and maybe gain some competitive advantage.

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Speaker 1: At the same time, we were facing a demand hit,

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Speaker 1: um like we've never seen before because of the sidelining

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Speaker 1: of the economy. You know. So this addresses the first side, uh,

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Speaker 1: that we talked about. Now, it doesn't fix it totally. Um,

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Speaker 1: and there's still a lot of wiggle room I think

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Speaker 1: in there for some of these guys not to keep

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Speaker 1: their commitments. Now, I will say, you know, UM, I

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Speaker 1: expect Senators like Lisa Maurkowski and Dan Sullivan and Kevin Kramer,

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Speaker 1: who have been aggressive on keeping track and keeping an

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Speaker 1: eye on the Saudi Energy Minister and and their energy policies.

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Speaker 1: I expect the Senate to continue to keep a close

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Speaker 1: eye on on on what the Saudis do UM to

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Speaker 1: keep that pressure on. But the reality is that this

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Speaker 1: announcement UH in agreement UM by other producing nations UM

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Speaker 1: that that UH to to soften the global marketplace will

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Speaker 1: help US producers because it starts to right size UH supply.

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Speaker 1: I mean, look, if all that oil is in the marketplace,

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Speaker 1: it just doesn't have anywhere to go right and we

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Speaker 1: can't store at all, as he talked about, as the

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Speaker 1: Secretary Boulette talked about, so UM, we really do have

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Speaker 1: to right size production, even tom for early. The key Kevin, though,

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Speaker 1: is that second thing you talked about getting a time

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Speaker 1: since when we can get ready to turn that on

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Speaker 1: and make sure that this oil and gas industry is

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Speaker 1: ready to go. There's no doubt that demand for these

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Speaker 1: products will continue and continue aggressively. Um, and when when,

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Speaker 1: when it's right, when it's time to turn that spig

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Speaker 1: it back on. We want to be able to move

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Speaker 1: that both on the production side, on the refining side,

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Speaker 1: and on the pipeline side, so that customers can get

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Speaker 1: in their cars and go back to work and do

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Speaker 1: what they have to do on refinery workers and go

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Speaker 1: back to work. Listen. You know, I tried to put

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Speaker 1: him down on this. I couldn't get a I couldn't

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Speaker 1: really get the timetable. But I mean he seems to

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Speaker 1: foreshadow and so forecast that they're going to be looking

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Speaker 1: in the next economic stimulus to get some type of

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Speaker 1: language in there. Could you play translator for me? And

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Speaker 1: what will Secretary Roulette be asking the Lisa Murkowskis of

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Speaker 1: the world to get in that economic stimulus? Well, mean,

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Speaker 1: I think they're they're looking for vehicles that can help

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Speaker 1: these industries temporarily. UM. I know that there's lots of

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Speaker 1: uh monetary vehicles that that has the access to that

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Speaker 1: can help all different sizes of companies. You know. Frankly, though,

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Speaker 1: it's about as as he talked a little as the

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Speaker 1: Secretary of Lett talked a little bit about is making

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Speaker 1: sure that these companies um balance sheets can can maintain

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Speaker 1: this downturn. And I think that's what you know, you'll

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Speaker 1: continue to see. I don't know that they'll they'll they'll

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Speaker 1: offer a lot of direct stimulus. I think, UM, what

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Speaker 1: we're looking for our temporary bridges. UM. I'll like the

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Speaker 1: Paytech Protection Act that small businesses are using and individuals

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Speaker 1: are using. I think you'll see some of that UM,

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Speaker 1: not just for the oil and gas industry, but for

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Speaker 1: other industries generally who have been sidelined by this uh,

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Speaker 1: this this coronavirus. But you know, those are the type

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Speaker 1: of things that will have to play And now obviously

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Speaker 1: there's gonna always be a political fight around those things, UM.

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Speaker 1: And it doesn't help us to have political fights at

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Speaker 1: a time when we need to move things forward um

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Speaker 1: to help people. So we'll see how that plays out

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Speaker 1: in the end. But I think a lot of these

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Speaker 1: guys are are are gonna have that temporary bridge. Some

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Speaker 1: of these production moves will help them in the temporary

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Speaker 1: bridge um. And but really this uh, this solution is

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Speaker 1: going to be resolved UM by turning the economy back

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Speaker 1: on and putting people back in their cars, back on airplanes, um,

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Speaker 1: and getting the economy moving again. Rights partner brace Well's

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Speaker 1: Policy Resolution Group to go to Guru on energy inside

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Speaker 1: the Beltway. Frank, give me some good news. I mean

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Speaker 1: it's been it's been another one of those wonky down days,

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Speaker 1: up and down in the markets and all that. Give

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Speaker 1: me some goodness, Give me some, give me some brevity,

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Speaker 1: give me some lightheartedness, give me some. I'm gonna tell

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Speaker 1: you a couple of things. And I mentioned one of

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Speaker 1: these before, um, and there's our oil related things since

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Speaker 1: I'm right here. UM. Two things. One, you know, ethanol

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Speaker 1: producers across the Midwest are turning their facilities from producing ethanol,

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Speaker 1: which is you know, obviously hits the same downturn that

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Speaker 1: any kind of gasoline faces. They've and and force turned

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Speaker 1: their ethanol facilities into hand sanitizer facilities and there, and

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Speaker 1: they're building and cranking out the hand sanitizer and shipping

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Speaker 1: it across the nation for to meet that demand for

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Speaker 1: hand sanitizer that is out that is out there. The

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Speaker 1: second thing I'll say that's a real uplift is you

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Speaker 1: know everyone the demand is still high for petroleum products

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Speaker 1: UM that are needed to address this virus. Right, We've

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Speaker 1: got masks, we've got rubber gloves, we've got gowns, we've

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Speaker 1: got all the materials that we use and making ventilators

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Speaker 1: and things like that. A lot of that is are

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Speaker 1: our pet petroleum products. So there's still a strong demand

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Speaker 1: for a lot of those petroleum products to help fight

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Speaker 1: this virus. With the materials that we're using to protect

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Speaker 1: our health health and health workers, uh and our doctors

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Speaker 1: on the front lines. So you know, those are two

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Speaker 1: good stories where you know, you don't think of it

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Speaker 1: when you hear about the OPEC discussion in the production battle,

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Speaker 1: but they really are still feeding the marketplace that that

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Speaker 1: is in the front lines of battling this virus. I

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Speaker 1: love that. I love that. All Right, thanks thanks for calling,

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Speaker 1: and good to hear from your buddy, and appreciate the time.

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Speaker 1: We're gonna pivots Politics with Wendy Benjaminson, our Bloomberg Politics editor.

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Speaker 1: You're listening to Bloomberg Sound On with Kevin Sirel on

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Speaker 1: Bloomberg and one oh five points of an f M

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Speaker 1: h D two. I'm Kevin Cirelli, Chief Washington Correspondent, for

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Speaker 1: Bloomberg Television and Bloomberg Radio. We are awaiting President Trump's

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Speaker 1: daily Coronavirus Task Force briefing, and just in the Majority

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Speaker 1: leaders the Republican whip Steve Scalise saying that members of

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Speaker 1: the House of Representatives are advised that absent an emergency,

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Speaker 1: the House is not expected to meet prior to Monday,

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Speaker 1: May fourth. Wow. Wow. So they're not coming back until

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Speaker 1: at least May, barring any major major new developments. Wendy

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Speaker 1: Benjaminson's on the line. Thank you so much for waiting

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Speaker 1: for us. Wendy, she's Bloomber Politics editor, and congratulations to

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Speaker 1: you and your team for doing such incredible reporting these

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Speaker 1: past few weeks. I'm so grateful to get your take,

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Speaker 1: Wendy on all things Trump versus Fauci. What do we

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Speaker 1: know on on the president's now open season against the

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Speaker 1: top doc. Well, it looks like Trump was trying to

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Speaker 1: retweet someone talking about whether to open the country or not.

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Speaker 1: And at the bottom of this person's tweet, it's had

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Speaker 1: hashtag fire Fauci, and he retweeted it. Then he must

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Speaker 1: have realized or someone told him what had happened. He's

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Speaker 1: elited the tweet and he's been explaining it all day,

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Speaker 1: or he's had his staff explaining it all day. I

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Speaker 1: think I don't think Trump wants to fire Faucis. He's

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Speaker 1: a very well trusted guy. He's um the one we're

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Speaker 1: all waiting to hear from about this virus. But it

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Speaker 1: certainly was one of another unforced error that wasn't necessary.

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Speaker 1: But you know, I think the fight that he does

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Speaker 1: want to have is that he wants to open the economy.

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Speaker 1: And according to people that I'm talking with, is he

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Speaker 1: wants to be seen as being on the side of

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Speaker 1: opening the economy because the swing voters that he's really

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Speaker 1: going after they want to see that economy opened. Well,

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Speaker 1: they want to see the economy open. They also want

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Speaker 1: to keep their jobs. I mean, he had the Federal

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Speaker 1: Reserve Chairman for president. Of the Federal Reserve in St. Louis.

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Speaker 1: Today predicts thirty percent unemployment. I don't think it got

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Speaker 1: that high during the Great Depression. And so if we

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Speaker 1: hit that and that hits blue collar workers in Pennsylvania, Wisconsin,

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Speaker 1: and Michigan, not to mention the virus itself, UM, then

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Speaker 1: I think, you know, President Trump can um kiss the

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Speaker 1: second term goodbye, and that would be that's, you know,

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Speaker 1: always in the back of his mind, and to be fair,

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Speaker 1: it would be in the back of the mind of

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Speaker 1: any president right now. But beyond that, I mean, it's

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Speaker 1: hopefully it doesn't reach um. But but even if he

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Speaker 1: is on the side of or if he's publicly out

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Speaker 1: there saying I want to reopen, I want to reopen,

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Speaker 1: I want to reopen, but his advisors are saying no, no, no,

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Speaker 1: no no, and he doesn't, then you know, lord forbid,

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Speaker 1: there is unemployment. He could still make the case that

429
00:24:24,560 --> 00:24:26,359
Speaker 1: that well, I want to open it, so stick with me,

430
00:24:26,400 --> 00:24:28,320
Speaker 1: because if you vote for the other guy, he wants

431
00:24:28,320 --> 00:24:31,840
Speaker 1: to keep it closing. Definitely. Well, that's that's very true.

432
00:24:31,840 --> 00:24:35,880
Speaker 1: But picture this scenario. We open the economy, everybody goes

433
00:24:35,880 --> 00:24:38,680
Speaker 1: back to school, everybody goes back to work, everybody goes

434
00:24:38,760 --> 00:24:41,120
Speaker 1: under the ground onto the subway, and we all get

435
00:24:41,160 --> 00:24:43,480
Speaker 1: it again, and then we all have to go back

436
00:24:43,480 --> 00:24:46,600
Speaker 1: into our homes. I think America would be pretty irritated

437
00:24:46,640 --> 00:24:49,119
Speaker 1: at that point, the whole world. So I think people

438
00:24:49,160 --> 00:24:51,320
Speaker 1: want to be sure that when they go outside again

439
00:24:51,359 --> 00:24:53,360
Speaker 1: and get on the subway and go to their offices,

440
00:24:53,400 --> 00:24:56,439
Speaker 1: that they're going to be safe and I think most people,

441
00:24:56,640 --> 00:24:59,720
Speaker 1: even Trump supporters, really want to hear from somebody within

442
00:24:59,800 --> 00:25:02,960
Speaker 1: him behind their name before they you know, go outside,

443
00:25:03,000 --> 00:25:05,320
Speaker 1: all right, So that's what's going inside of going on

444
00:25:05,720 --> 00:25:13,080
Speaker 1: inside of Pennsylvania Avenue. Meanwhile, on the Democratic side, Sanders

445
00:25:13,320 --> 00:25:16,960
Speaker 1: finally endorsed Biden. What do we know, Yes, he did,

446
00:25:17,080 --> 00:25:19,960
Speaker 1: and it was they actually managed to get a surprise out.

447
00:25:20,080 --> 00:25:22,879
Speaker 1: That's hard these days. Um, you know, Biden said he

448
00:25:22,920 --> 00:25:24,400
Speaker 1: was going to go on a two PM and talk

449
00:25:24,440 --> 00:25:27,639
Speaker 1: about his plan to know what he would do if

450
00:25:27,680 --> 00:25:30,120
Speaker 1: he were president to help the virus. And he says

451
00:25:30,160 --> 00:25:32,159
Speaker 1: he's gonna have a special guest, and we're thinking it's

452
00:25:32,160 --> 00:25:33,840
Speaker 1: going to be the doctor or something, and there it

453
00:25:33,920 --> 00:25:37,440
Speaker 1: is Bernie Sanders endorsing Biden. There was a very dramatic

454
00:25:37,560 --> 00:25:41,560
Speaker 1: split screen moment of Biden smiling while while Sanders endorsed him,

455
00:25:41,600 --> 00:25:44,560
Speaker 1: and they planned a chest match together and they talked

456
00:25:44,560 --> 00:25:46,480
Speaker 1: about how much they liked each other, and it was

457
00:25:46,640 --> 00:25:49,400
Speaker 1: this um, really kind of fun moment. Made to sort

458
00:25:49,400 --> 00:25:52,080
Speaker 1: of wonder if if Bernie Sanders were forty years younger,

459
00:25:52,160 --> 00:25:56,159
Speaker 1: whether he would be Biden's running mate. But you know,

460
00:25:56,400 --> 00:25:59,800
Speaker 1: I think Sanders did this because he's under a lot

461
00:25:59,840 --> 00:26:02,399
Speaker 1: of pressure to unite the country. The virus and the

462
00:26:02,480 --> 00:26:05,840
Speaker 1: economy have made some of the policy is less important.

463
00:26:05,880 --> 00:26:08,119
Speaker 1: There's only one issue right now, and it's the virus.

464
00:26:08,520 --> 00:26:12,560
Speaker 1: Well two issues, the virus and the economy. So you know,

465
00:26:12,680 --> 00:26:14,720
Speaker 1: it's interesting to hear you say that. Over the weekend,

466
00:26:14,760 --> 00:26:17,680
Speaker 1: Alexandria Acatio Courts has gave an interview, I believe to

467
00:26:17,680 --> 00:26:19,359
Speaker 1: the New York Times. Yeah, it was the New York Times,

468
00:26:19,760 --> 00:26:23,680
Speaker 1: and and she had some She didn't criticize Biden, but

469
00:26:23,840 --> 00:26:26,840
Speaker 1: she made some arguments as it relates to Medicare and

470
00:26:27,640 --> 00:26:31,840
Speaker 1: UM and also to the Hispanic voting blocks and the

471
00:26:31,920 --> 00:26:36,760
Speaker 1: Hispanic community. And so it really feels now that that

472
00:26:36,920 --> 00:26:41,520
Speaker 1: Sanders has endorsed Biden and AOC has tepidly kind of

473
00:26:42,080 --> 00:26:45,840
Speaker 1: taken up the mantle that of of Biden world, that

474
00:26:46,119 --> 00:26:51,160
Speaker 1: she really, inherits what Bernie Sanders mantle. Am I reading

475
00:26:51,160 --> 00:26:53,240
Speaker 1: too much into this, but but she really seems to

476
00:26:53,320 --> 00:26:56,879
Speaker 1: be the aggressive one now. She she does, and she

477
00:26:57,080 --> 00:27:00,919
Speaker 1: had also promised to support the Democrat to nominate whoever

478
00:27:01,000 --> 00:27:03,560
Speaker 1: that was, and she ultimately will. I think this is

479
00:27:03,680 --> 00:27:07,639
Speaker 1: all an attempt to sort of nudge Biden over to

480
00:27:07,760 --> 00:27:10,240
Speaker 1: the left. A little bit um, And of course he

481
00:27:10,280 --> 00:27:12,679
Speaker 1: will do that until the primaries are over, and then

482
00:27:12,680 --> 00:27:15,360
Speaker 1: when he's running against Trump, he may have to tack

483
00:27:15,440 --> 00:27:18,120
Speaker 1: back to the center a little bit. But right now

484
00:27:18,800 --> 00:27:23,879
Speaker 1: he needs the Progressive Democrats to come out and vote

485
00:27:23,920 --> 00:27:26,600
Speaker 1: for him in November, and so he has to offer

486
00:27:26,680 --> 00:27:30,440
Speaker 1: them some policies that will be good for him while

487
00:27:30,520 --> 00:27:32,920
Speaker 1: maintaining the sort of centrist position that got him the

488
00:27:32,960 --> 00:27:36,359
Speaker 1: nomination in the first place. But those those people who

489
00:27:36,440 --> 00:27:39,320
Speaker 1: support Sanders have to come out and vote. Wenny Benjaminson

490
00:27:39,359 --> 00:27:41,399
Speaker 1: is on the line. She's Bloomberg's politics editor. We are

491
00:27:41,400 --> 00:27:45,399
Speaker 1: awaiting President Trump's daily Coronavirus Task Force briefing. You can

492
00:27:45,520 --> 00:27:48,600
Speaker 1: listen to that in its entirety right here on Bloomberg.

493
00:27:50,320 --> 00:27:52,760
Speaker 1: You know, Wendy, I think back, It feels like pre pandemic,

494
00:27:53,320 --> 00:27:56,440
Speaker 1: pre pandemic. Remember those days Monday, No, I don't you

495
00:27:56,560 --> 00:27:59,720
Speaker 1: and me in Texas at the debates in Iowa, in

496
00:27:59,800 --> 00:28:08,120
Speaker 1: New Handshire remember that? Oh yeah, Why, I can't even

497
00:28:08,200 --> 00:28:11,240
Speaker 1: remember my life before the pandemic. What is going on?

498
00:28:11,760 --> 00:28:15,320
Speaker 1: What is going on? But we all thought we were

499
00:28:15,359 --> 00:28:18,440
Speaker 1: gonna have this election about temperament. We all thought that

500
00:28:18,560 --> 00:28:21,280
Speaker 1: we were going to have this election about the economy

501
00:28:21,359 --> 00:28:24,080
Speaker 1: is going well, but it could be working for all

502
00:28:24,119 --> 00:28:26,520
Speaker 1: and whatnot. Well, rip up the script, throw that out

503
00:28:26,560 --> 00:28:30,520
Speaker 1: the window, because now it's about the economy on the

504
00:28:30,600 --> 00:28:34,479
Speaker 1: brink of collapse and rebuilding it, and both sides are

505
00:28:34,520 --> 00:28:36,879
Speaker 1: going to make that their argument. Take us behind the

506
00:28:36,960 --> 00:28:42,960
Speaker 1: scenes in Biden world for how they are crafting a

507
00:28:43,080 --> 00:28:46,960
Speaker 1: late summer early fall strategy not to get out the vote.

508
00:28:46,960 --> 00:28:48,760
Speaker 1: That's what everybody's focused on. But I want to know

509
00:28:48,880 --> 00:28:51,160
Speaker 1: what their message is going to be because you've got

510
00:28:51,240 --> 00:28:55,520
Speaker 1: the FED chairs saying unappoyment. You've got economists with scary forecast,

511
00:28:56,440 --> 00:28:59,840
Speaker 1: terrifying forecast. I can't even click on them, that's how

512
00:29:00,000 --> 00:29:05,480
Speaker 1: scary they are. And they've got it. That's real, Absolutely

513
00:29:05,680 --> 00:29:09,600
Speaker 1: is real, and it really does narrow down the argument.

514
00:29:10,200 --> 00:29:13,320
Speaker 1: And what Biden is going to sell the American people

515
00:29:13,600 --> 00:29:16,920
Speaker 1: is that he is competent, he is calm, He's been

516
00:29:16,960 --> 00:29:19,480
Speaker 1: around the block a few times in government. He knows

517
00:29:19,880 --> 00:29:23,120
Speaker 1: how to handle a crisis like this, and he can say, look,

518
00:29:23,160 --> 00:29:27,480
Speaker 1: the last time a Republican president gave us a recession,

519
00:29:27,880 --> 00:29:30,480
Speaker 1: I was there with Barack Obama to help steer us

520
00:29:30,520 --> 00:29:35,560
Speaker 1: out of it. Meaning George W. Bush and a sorry, yes, socially,

521
00:29:35,920 --> 00:29:38,880
Speaker 1: I can't remember who was president back then, but yeah,

522
00:29:39,720 --> 00:29:44,680
Speaker 1: started eight when the president when the recession started in

523
00:29:44,720 --> 00:29:47,640
Speaker 1: two thousand eight. Um, you know, Joe Biden was in

524
00:29:47,840 --> 00:29:52,720
Speaker 1: charge of the getting the stimulus money to the economy

525
00:29:52,800 --> 00:29:55,800
Speaker 1: and bailing out GM and all that so that the

526
00:29:55,840 --> 00:29:58,240
Speaker 1: economy could get back on track. And you can say, look,

527
00:29:58,280 --> 00:30:00,920
Speaker 1: I did it once, I'll do it again. That's a

528
00:30:01,280 --> 00:30:04,320
Speaker 1: kind of a powerful argument. The flip side of that

529
00:30:05,160 --> 00:30:08,360
Speaker 1: is that this all ends over the summer. That in

530
00:30:08,480 --> 00:30:12,160
Speaker 1: September or sooner, we all we go to the conventions,

531
00:30:12,240 --> 00:30:14,600
Speaker 1: everybody goes back to school, everybody goes back to work.

532
00:30:14,720 --> 00:30:17,880
Speaker 1: The economy begins at home along you get headlines about

533
00:30:17,920 --> 00:30:22,280
Speaker 1: this company hiring and that company hiring, restaurants opening, and

534
00:30:23,080 --> 00:30:25,480
Speaker 1: you know, it could look like a blip. Voters don't

535
00:30:25,640 --> 00:30:28,800
Speaker 1: remember things very long. As long as they have a

536
00:30:28,960 --> 00:30:31,520
Speaker 1: job and a roof over their head and health insurance,

537
00:30:32,080 --> 00:30:37,120
Speaker 1: then you know it might. It might boat well for Trumpe,

538
00:30:37,640 --> 00:30:40,000
Speaker 1: it doesn't look like it. But see I I'm I'm

539
00:30:40,120 --> 00:30:43,000
Speaker 1: really focused on those swing voters, right And you and

540
00:30:43,080 --> 00:30:46,080
Speaker 1: I talked about this all the time. Wendy Benjaminson Bloomberg

541
00:30:46,480 --> 00:30:49,400
Speaker 1: Politics editor. Because when I talked to and you and

542
00:30:49,440 --> 00:30:53,479
Speaker 1: I both come from that world. When I when when um,

543
00:30:54,600 --> 00:30:56,400
Speaker 1: when we have a two minute warning, by the way,

544
00:30:56,440 --> 00:30:58,600
Speaker 1: for President Trump, stop press briefings. So I'm gonna give

545
00:30:58,600 --> 00:31:00,200
Speaker 1: you the last word here if I interrupt you to

546
00:31:00,280 --> 00:31:04,640
Speaker 1: toss to the president's briefing. But you know those people,

547
00:31:04,920 --> 00:31:08,760
Speaker 1: those swing voters, they want to get back to work yesterday.

548
00:31:09,480 --> 00:31:13,360
Speaker 1: And yes, the virus is real. Yes, it is incredibly scary.

549
00:31:13,560 --> 00:31:17,880
Speaker 1: It is very real. It's tangible, and it's horrific, you know,

550
00:31:18,120 --> 00:31:20,880
Speaker 1: hearing it that said, there are parts of the country

551
00:31:21,040 --> 00:31:24,520
Speaker 1: in swing states where the virus you know, thankfully hasn't hit.

552
00:31:24,960 --> 00:31:27,200
Speaker 1: And so because they've had to shut down and they're

553
00:31:27,200 --> 00:31:29,320
Speaker 1: not they don't know anyone who's been touched by this

554
00:31:29,520 --> 00:31:32,360
Speaker 1: virus other than what they see and here on the news.

555
00:31:33,160 --> 00:31:36,560
Speaker 1: You know, they're frustrated that they're having a one size

556
00:31:36,640 --> 00:31:39,880
Speaker 1: fits all prescription to stop the virus. Does that make sense.

557
00:31:39,920 --> 00:31:42,480
Speaker 1: I haven't really found a way to to to make

558
00:31:42,600 --> 00:31:45,560
Speaker 1: to make to articulate that point in a concise manner,

559
00:31:46,000 --> 00:31:50,080
Speaker 1: but I think the residents tapping into that. Yes, absolutely,

560
00:31:50,200 --> 00:31:53,240
Speaker 1: he is absolutely and we we all have friends and

561
00:31:53,280 --> 00:31:55,720
Speaker 1: relatives who were in places that aren't hard hit that

562
00:31:55,800 --> 00:31:58,200
Speaker 1: are saying, why do I have to stay indoors because

563
00:31:58,320 --> 00:32:00,280
Speaker 1: you know, forty eight people in the state of Oregon

564
00:32:00,360 --> 00:32:02,760
Speaker 1: where I'm from, Um, you know, have the virus and

565
00:32:02,920 --> 00:32:06,000
Speaker 1: yet millions of people are staying indoors. On the other hand,

566
00:32:06,240 --> 00:32:08,720
Speaker 1: that one of it could be that Oregan, for example,

567
00:32:08,800 --> 00:32:11,760
Speaker 1: have has a low rate of the virus because everyone

568
00:32:11,880 --> 00:32:14,480
Speaker 1: is doing endorism, doing their part. But then you have

569
00:32:14,880 --> 00:32:19,880
Speaker 1: pictures of Wisconsin dairy farmers um pouring gallons of milk

570
00:32:19,920 --> 00:32:23,200
Speaker 1: out because no one's buying it because restaurants aren't there

571
00:32:23,320 --> 00:32:26,280
Speaker 1: and um, you know, schools aren't open and things like them.

572
00:32:26,400 --> 00:32:29,000
Speaker 1: So the market for milk has come down, whether they've

573
00:32:29,040 --> 00:32:31,800
Speaker 1: got the virus in their town or not. If they're

574
00:32:31,840 --> 00:32:34,480
Speaker 1: producing milk and it's not selling, that will have a

575
00:32:34,520 --> 00:32:38,280
Speaker 1: political impact exactly, exactly. And just another question for you

576
00:32:38,520 --> 00:32:42,240
Speaker 1: on on the Democratic side, Uh, this issue of mail

577
00:32:42,320 --> 00:32:46,040
Speaker 1: in voting has really I think it was Michelle Obama

578
00:32:46,120 --> 00:32:48,760
Speaker 1: came out in favor of that for the Democrats today,

579
00:32:48,840 --> 00:32:50,640
Speaker 1: how how much of a rallying cry is that going

580
00:32:50,680 --> 00:32:53,440
Speaker 1: to be for the left? I think it's going to

581
00:32:53,480 --> 00:32:55,960
Speaker 1: be a rallying cry not only for the left or

582
00:32:56,040 --> 00:32:59,200
Speaker 1: for the center, and some Republicans nobody wants to be

583
00:33:00,280 --> 00:33:03,280
Speaker 1: Wisconsin last week and in fact, word, I think you're

584
00:33:03,280 --> 00:33:07,000
Speaker 1: waiting for the results of the Wisconsin primary. But last week, um,

585
00:33:07,360 --> 00:33:10,720
Speaker 1: you know, they insisted, the Republican led legislature insisted on

586
00:33:10,880 --> 00:33:13,560
Speaker 1: in person voting, and who had that. You know, there's

587
00:33:13,560 --> 00:33:16,240
Speaker 1: that famous photograph of a man standing in line holding

588
00:33:16,280 --> 00:33:19,120
Speaker 1: a sign that says this is ridiculous. I mean, I

589
00:33:19,360 --> 00:33:21,200
Speaker 1: just love the fact that he was out there voting

590
00:33:21,280 --> 00:33:23,520
Speaker 1: with his mask and gloves and his fine saying this

591
00:33:23,680 --> 00:33:26,840
Speaker 1: is ridiculous that he wanted to participate. Turnout, you know,

592
00:33:27,040 --> 00:33:29,440
Speaker 1: was about the same as it normally is. But nobody

593
00:33:29,520 --> 00:33:32,200
Speaker 1: wants to be the Republicans who got someone sick so

594
00:33:32,400 --> 00:33:35,520
Speaker 1: that they could go to a poll and vote. I

595
00:33:35,640 --> 00:33:38,240
Speaker 1: think there will be tremendous pressure, perhaps even in the

596
00:33:38,320 --> 00:33:42,040
Speaker 1: general election in November, for absentee your mail and voting.

597
00:33:42,560 --> 00:33:44,280
Speaker 1: Do you think that the President is going to get

598
00:33:44,320 --> 00:33:46,320
Speaker 1: behind that. I don't. I don't hear that he is.

599
00:33:47,920 --> 00:33:51,960
Speaker 1: You know who who knows? It's it's only April. The

600
00:33:52,040 --> 00:33:55,200
Speaker 1: president could change his mind sixteen times between now and November,

601
00:33:55,760 --> 00:33:58,280
Speaker 1: so I think from that From that standpoint, I mean,

602
00:33:58,360 --> 00:34:01,440
Speaker 1: the issue of increasing acts us UH to mail and

603
00:34:01,560 --> 00:34:04,760
Speaker 1: voting and and expanding the window on that front is

604
00:34:04,880 --> 00:34:08,600
Speaker 1: really it comes. I think the impetus was obviously COVID nineteen,

605
00:34:08,640 --> 00:34:10,680
Speaker 1: but it was a rallying cry even before that from

606
00:34:10,719 --> 00:34:13,480
Speaker 1: an election security standpoint. Last week on the program, we

607
00:34:13,520 --> 00:34:17,040
Speaker 1: talked about how Senator Elizabeth Warren unveiled a plan to

608
00:34:17,520 --> 00:34:21,960
Speaker 1: UH dramatically really expand the threshold that people have to

609
00:34:22,080 --> 00:34:24,640
Speaker 1: vote in the timetables for people to vote. All right,

610
00:34:24,680 --> 00:34:27,000
Speaker 1: so we're tap dancing now, Whendy, you and me tap

611
00:34:27,120 --> 00:34:31,480
Speaker 1: dancing as we await President Trump's daily Coronavirus Task Force briefing.

612
00:34:31,719 --> 00:34:34,480
Speaker 1: Bring us up to speed on what we think the

613
00:34:34,520 --> 00:34:36,520
Speaker 1: President today is going to hear. It's gonna be all

614
00:34:36,520 --> 00:34:39,000
Speaker 1: about Fauci. He's gonna be asked a million times over

615
00:34:39,120 --> 00:34:43,880
Speaker 1: about about Dr Fauci. He probably is. And to my

616
00:34:44,080 --> 00:34:47,160
Speaker 1: brethren of the White House Press Corps, I just hope

617
00:34:47,160 --> 00:34:49,040
Speaker 1: you don't dwell on it too much. I don't think

618
00:34:49,080 --> 00:34:52,000
Speaker 1: the American people are really that interested. They're worried about

619
00:34:52,080 --> 00:34:54,359
Speaker 1: getting sick, and they're worried about going back to work,

620
00:34:54,920 --> 00:34:58,000
Speaker 1: and we should focus on that instead of weather the president.

621
00:34:58,880 --> 00:35:01,680
Speaker 1: We tweeted some who wanted to fire Fauci. I I

622
00:35:02,040 --> 00:35:05,280
Speaker 1: haven't heard any reporting that to Fauci is really in trouble,

623
00:35:05,320 --> 00:35:10,720
Speaker 1: have you no, Um? But I think it's this tension.

624
00:35:11,320 --> 00:35:13,760
Speaker 1: It's tension, not just I think if you're an outsider

625
00:35:13,880 --> 00:35:16,400
Speaker 1: looking in at this, it's tension not just between the

626
00:35:16,480 --> 00:35:20,120
Speaker 1: President and Dr Fauci. It's now the President and some governors.

627
00:35:20,840 --> 00:35:26,399
Speaker 1: Obviously the president and uh the President and uh Joe

628
00:35:26,480 --> 00:35:30,480
Speaker 1: Biden and this this I don't know what you call

629
00:35:30,600 --> 00:35:32,640
Speaker 1: it at tension is the wrong word. But but this

630
00:35:32,960 --> 00:35:37,160
Speaker 1: back and forth subtly between he between President Trump and

631
00:35:37,239 --> 00:35:40,440
Speaker 1: Andrew Cuomo. You know Cromo over the past, I think

632
00:35:40,480 --> 00:35:43,719
Speaker 1: it was over the past. This today either are late

633
00:35:43,800 --> 00:35:46,480
Speaker 1: yesterday where he said that the worst is over for

634
00:35:46,600 --> 00:35:49,120
Speaker 1: New York and then he had this the sixth State

635
00:35:49,200 --> 00:35:53,120
Speaker 1: Alliance of six states that are going to work together

636
00:35:53,280 --> 00:35:57,520
Speaker 1: to reopen the economy. How much of a factor has

637
00:35:57,600 --> 00:36:00,600
Speaker 1: Cromo become, not just for President Trump, but for Joe Biden.

638
00:36:02,320 --> 00:36:04,719
Speaker 1: Andrew Cormo is a tremendous factor right now. I think

639
00:36:04,760 --> 00:36:06,680
Speaker 1: he will end up being less of a factor for

640
00:36:06,880 --> 00:36:10,919
Speaker 1: Biden because Biden is a nominee. Now, Cuomo has said

641
00:36:10,960 --> 00:36:13,439
Speaker 1: he's not running for president. You know, he's also keeping

642
00:36:13,480 --> 00:36:17,000
Speaker 1: his eye open, of course, in case something happens to Biden,

643
00:36:17,120 --> 00:36:20,040
Speaker 1: or there's some terrible scandal, he could step in. But

644
00:36:20,160 --> 00:36:23,800
Speaker 1: he's also busy, uh, you know, running his state. And

645
00:36:24,080 --> 00:36:27,640
Speaker 1: he's only in the sixties, which these days means he's

646
00:36:27,640 --> 00:36:30,120
Speaker 1: got plenty of time to run for president. Uh. Good

647
00:36:30,160 --> 00:36:35,160
Speaker 1: twenty years and um. But the governor's issue is really

648
00:36:35,280 --> 00:36:38,600
Speaker 1: really interesting, Kevin, because you have governors like Mike DeWine

649
00:36:38,600 --> 00:36:42,759
Speaker 1: and Larry Hogan of Ohio and Maryland, who are both Republicans,

650
00:36:43,040 --> 00:36:48,279
Speaker 1: who have been very forward looking on getting stay at

651
00:36:48,280 --> 00:36:51,240
Speaker 1: home orders in place and and working on the economy

652
00:36:51,280 --> 00:36:53,719
Speaker 1: in their states. And they've been really out there and