1 00:00:01,040 --> 00:00:05,760 Speaker 1: Why from our nations, how do we reopen this economy? 2 00:00:05,880 --> 00:00:09,000 Speaker 1: The latest on how this pandemic is impacting farmers. What 3 00:00:09,119 --> 00:00:12,120 Speaker 1: does this do? From the United States relationship with China? 4 00:00:12,280 --> 00:00:17,200 Speaker 1: Bloomberg Sound On, The Insiders, the influencers, the insides. We're 5 00:00:17,239 --> 00:00:20,400 Speaker 1: responding to this crisis and manufacturers are stepping up like 6 00:00:20,560 --> 00:00:24,079 Speaker 1: never before. We're looking at seventy kennidates for different duct teams. 7 00:00:24,160 --> 00:00:26,800 Speaker 1: How do we make sure a pandemic of this scale 8 00:00:26,880 --> 00:00:30,960 Speaker 1: never happens again? This is Bloomberg Sound On with Kevin 9 00:00:31,040 --> 00:00:37,040 Speaker 1: Surrelate on Bloomberg and one Ohm h D two scotus 10 00:00:37,120 --> 00:00:41,320 Speaker 1: Eve a complete complete preview of the President's Supreme Court 11 00:00:41,400 --> 00:00:45,120 Speaker 1: pick that comes tomorrow. Every angle is covered. Plus we 12 00:00:45,159 --> 00:00:49,120 Speaker 1: are just days away from the first presidential debate. I'm headed. 13 00:00:49,120 --> 00:00:51,880 Speaker 1: It's a Cleveland. My bags are starting to get packed, 14 00:00:51,960 --> 00:00:55,000 Speaker 1: and we have a full preview on the front as well. 15 00:00:55,320 --> 00:00:58,720 Speaker 1: We check in with an all star political panel. Rainy 16 00:00:58,800 --> 00:01:01,000 Speaker 1: day here in Washington, tin, but that's not going to 17 00:01:01,160 --> 00:01:03,520 Speaker 1: stop us from heading into what is going to sure 18 00:01:03,680 --> 00:01:09,200 Speaker 1: be shortly be a dizzying weekend and next five days 19 00:01:09,240 --> 00:01:12,600 Speaker 1: in American politics, Wall streets calling it a total mess. 20 00:01:12,600 --> 00:01:15,679 Speaker 1: They're bracing for the worst. But here in Washington, well 21 00:01:16,000 --> 00:01:18,960 Speaker 1: US politicos, we live for this. Tomorrow President Trump is 22 00:01:19,000 --> 00:01:24,760 Speaker 1: going to name his Supreme Court pick. And then just 23 00:01:24,840 --> 00:01:27,399 Speaker 1: a couple of days later on Tuesday, the first Democratic 24 00:01:27,440 --> 00:01:32,440 Speaker 1: presidential debate Crackerssman Michael Walts is gonna join us later 25 00:01:32,560 --> 00:01:35,800 Speaker 1: on UH in the in the program to give us 26 00:01:36,000 --> 00:01:39,040 Speaker 1: an inside look and what lawmakers are saying from everything 27 00:01:39,040 --> 00:01:42,480 Speaker 1: with fiscal stimulus, the debates, and oh yeah, that Supreme 28 00:01:42,520 --> 00:01:47,680 Speaker 1: Court pick. But let's start with a really what was 29 00:01:47,720 --> 00:01:51,240 Speaker 1: an historic day here in Washington, d C. I mean, 30 00:01:51,640 --> 00:01:54,120 Speaker 1: I don't know if you saw it, did the Capitol, 31 00:01:55,280 --> 00:02:00,000 Speaker 1: the images, the tributes to the late Supreme Court justice 32 00:02:00,000 --> 00:02:02,720 Speaker 1: is Ruth Bader Ginsburg, who only who is only the 33 00:02:02,800 --> 00:02:05,559 Speaker 1: second woman. I didn't realize this only the second woman 34 00:02:06,520 --> 00:02:11,920 Speaker 1: to to to lie in state at the US capital. 35 00:02:12,840 --> 00:02:17,400 Speaker 1: H And it's it's she was the first onment, I apologized, 36 00:02:17,440 --> 00:02:19,520 Speaker 1: the first liment, I the first liment to lie in 37 00:02:19,560 --> 00:02:24,880 Speaker 1: state in the US capital. Uh. And just a remarkable, 38 00:02:24,919 --> 00:02:28,560 Speaker 1: remarkable tribute. Here is Speaker of the House Nancy Pelosi 39 00:02:28,840 --> 00:02:31,160 Speaker 1: honoring that moment. Here she is I want to play 40 00:02:31,200 --> 00:02:35,680 Speaker 1: this for everyone. It is with profound sorrow and deep 41 00:02:35,760 --> 00:02:40,040 Speaker 1: sympathy to the Ginsburg family that I have a high 42 00:02:40,120 --> 00:02:47,000 Speaker 1: honor to welcome Justice Ruth Bader Ginsburg July in state 43 00:02:47,800 --> 00:02:51,480 Speaker 1: in the capital of the United States. Wow, I mean 44 00:02:51,560 --> 00:02:54,480 Speaker 1: just just truly a remarkable tribute. She is only the 45 00:02:54,520 --> 00:02:56,640 Speaker 1: second female on the Supreme Court, and of course the 46 00:02:56,680 --> 00:02:59,720 Speaker 1: first woman to lie in state in the US capital 47 00:02:59,800 --> 00:03:01,240 Speaker 1: to ning US. Now, it's to put all of this 48 00:03:01,280 --> 00:03:05,480 Speaker 1: into perspective. Is someone who knows so much about uh, 49 00:03:05,680 --> 00:03:09,720 Speaker 1: the judicial Brandge Russell Wheeler. He is a visiting fellow 50 00:03:09,720 --> 00:03:12,800 Speaker 1: at the Brookings Institution and the former deputy director of 51 00:03:12,880 --> 00:03:16,680 Speaker 1: the Federal Judicial Center. Russell and you know, thanks for 52 00:03:16,760 --> 00:03:19,000 Speaker 1: joining me on a day like jan What was going 53 00:03:19,040 --> 00:03:22,560 Speaker 1: through your mind as as America and really to some 54 00:03:22,639 --> 00:03:27,440 Speaker 1: extent the world paid tribute to Ruth Bader Ginsburgh today. Well, 55 00:03:27,480 --> 00:03:31,720 Speaker 1: you know, it was two things. One is just the 56 00:03:31,800 --> 00:03:34,720 Speaker 1: recognition of what a remarkable life she led as a person, 57 00:03:34,760 --> 00:03:37,320 Speaker 1: as a lawyer, as a law professor, but especially as 58 00:03:37,360 --> 00:03:40,880 Speaker 1: a judge and a member of the Supreme Court. Um. 59 00:03:40,960 --> 00:03:43,320 Speaker 1: There's no reason for me to say anything more than that. 60 00:03:43,360 --> 00:03:49,440 Speaker 1: Everybody recognizes her singular achievements. Um. But then the rather 61 00:03:49,560 --> 00:03:54,600 Speaker 1: Toddry aspect of it, of this rush too to fill 62 00:03:54,640 --> 00:03:59,960 Speaker 1: the seat under shall we say rather rather compromise circumstance 63 00:04:00,080 --> 00:04:03,120 Speaker 1: has given how close we are to the election, and 64 00:04:03,120 --> 00:04:07,000 Speaker 1: and you know late in the year. It's really unprecedented. 65 00:04:07,040 --> 00:04:09,160 Speaker 1: But I don't think there's anything it's going to stop 66 00:04:09,200 --> 00:04:14,960 Speaker 1: the confirmation unless uh, you know, something totally unforeseen occurs. 67 00:04:15,560 --> 00:04:20,400 Speaker 1: So what are you? What are you? What are you foresee? 68 00:04:20,440 --> 00:04:22,200 Speaker 1: Happens in the next one or four hours. President Trump 69 00:04:22,240 --> 00:04:24,760 Speaker 1: is going to announce pick. It's either going to be 70 00:04:25,520 --> 00:04:30,640 Speaker 1: uh Amy Coney, Barrett or Lagoa. Who do you think 71 00:04:30,680 --> 00:04:34,960 Speaker 1: has the upper hand? You know, boy, there's so many 72 00:04:34,960 --> 00:04:37,279 Speaker 1: moving parts here. I wish I could say obviously Lagoa 73 00:04:37,320 --> 00:04:41,000 Speaker 1: has some immediate appeal because she's Hispanic and Trump needs 74 00:04:41,279 --> 00:04:44,320 Speaker 1: needs support in Florida. I'd hate to think that was 75 00:04:44,360 --> 00:04:47,400 Speaker 1: the reason to select her, but it could be. Barrett 76 00:04:47,400 --> 00:04:49,719 Speaker 1: has been a favorite of the conservatives for a long time. 77 00:04:49,760 --> 00:04:52,599 Speaker 1: She was one of Trump's very first appointments to the 78 00:04:52,600 --> 00:04:55,920 Speaker 1: Court of Appeals. She was a law professor at Notre 79 00:04:56,040 --> 00:04:58,280 Speaker 1: Dame University High do we respect that, I should add 80 00:04:58,279 --> 00:05:01,640 Speaker 1: by her colleagues on on both sides of the political spectrum. 81 00:05:01,680 --> 00:05:07,480 Speaker 1: But she is obviously quite conservative and her her confirmation, 82 00:05:08,360 --> 00:05:11,760 Speaker 1: would she be nominated confirmation pretty much assured would lock 83 00:05:11,839 --> 00:05:16,360 Speaker 1: in three uh three Trump appointees, all of whom are 84 00:05:16,720 --> 00:05:21,080 Speaker 1: a well qualified and be quite ideologically conservative. It's not 85 00:05:21,120 --> 00:05:24,120 Speaker 1: to say their doctrinaire, but they're they're certainly far to 86 00:05:24,160 --> 00:05:27,400 Speaker 1: the right of Justice Ginsburg. That's putting it mildly. Russell 87 00:05:27,400 --> 00:05:29,800 Speaker 1: Wheelers on the line. Here's the judicial expert. He is, 88 00:05:29,839 --> 00:05:32,480 Speaker 1: of course also a visiting fellow at the Brookings Institution, 89 00:05:32,520 --> 00:05:36,719 Speaker 1: the former deputy director of the Federal Judicial uh Censor. 90 00:05:36,960 --> 00:05:40,920 Speaker 1: And you know, just put it just how at The 91 00:05:41,000 --> 00:05:43,360 Speaker 1: question that I get asked Russell so frequently is well, 92 00:05:43,400 --> 00:05:46,040 Speaker 1: what is the calculation and trying to jam this through? 93 00:05:46,440 --> 00:05:49,400 Speaker 1: And what I based upon my reporting, what I keep 94 00:05:49,440 --> 00:05:52,080 Speaker 1: coming down to is it's the Affordable Care Act. It's 95 00:05:52,279 --> 00:05:54,640 Speaker 1: much less about the November third election, and it's much 96 00:05:54,640 --> 00:05:57,520 Speaker 1: more about the November tenth opening arguments of the a 97 00:05:57,640 --> 00:06:01,080 Speaker 1: c A case explained that folks, well, yeah, you know 98 00:06:01,160 --> 00:06:03,720 Speaker 1: that it works. Also, there's all sorts of things are 99 00:06:03,720 --> 00:06:05,360 Speaker 1: being balanced. On the one hand, do you want to 100 00:06:05,400 --> 00:06:09,280 Speaker 1: get the get the person confirmed before election day? Uh 101 00:06:09,360 --> 00:06:11,200 Speaker 1: to lock it in. Do you want to or you 102 00:06:11,200 --> 00:06:13,480 Speaker 1: want to hold it off and perhaps encourage some Trump 103 00:06:13,560 --> 00:06:17,560 Speaker 1: voters to come out and support Trump if they might 104 00:06:17,600 --> 00:06:20,720 Speaker 1: be relucting to do so. We're disinclined to vote. Otherwise, 105 00:06:21,360 --> 00:06:24,200 Speaker 1: do you wait till after the election and if Trump wins, well, 106 00:06:24,200 --> 00:06:26,240 Speaker 1: it's more more of a more of a you know, 107 00:06:26,279 --> 00:06:30,200 Speaker 1: it's a slam dunk. But if if if he loses 108 00:06:30,200 --> 00:06:34,359 Speaker 1: the election, whenever we know that, uh, then perhaps some 109 00:06:34,440 --> 00:06:36,960 Speaker 1: Republicans will saying, well, it's just a little too unseemly 110 00:06:37,120 --> 00:06:40,680 Speaker 1: to confirm a justice nominated by by a person who 111 00:06:40,760 --> 00:06:44,560 Speaker 1: has been rejected by the by the voters. So who knows. 112 00:06:45,080 --> 00:06:47,400 Speaker 1: And you're right, the Affordable Care Act is coming up soon, 113 00:06:47,480 --> 00:06:51,280 Speaker 1: and I presume that she could get she whoever it is, 114 00:06:51,480 --> 00:06:54,160 Speaker 1: get confirmed in order to sit on that case. But 115 00:06:54,240 --> 00:06:56,760 Speaker 1: it's much more than the Affordable Care Act. This person 116 00:06:56,800 --> 00:06:59,760 Speaker 1: will probably be on the bench for you know, easily 117 00:07:00,000 --> 00:07:03,279 Speaker 1: many years, and they'll be dealing with issues in twenty 118 00:07:03,360 --> 00:07:06,359 Speaker 1: years that you and I really can't imagine. Right now. Wow, 119 00:07:06,560 --> 00:07:08,600 Speaker 1: that's you know, that's that's the first time I've heard 120 00:07:08,640 --> 00:07:11,760 Speaker 1: someone make that comment. And you're so incredibly right, and 121 00:07:11,800 --> 00:07:16,000 Speaker 1: it is just It just really puts in perspective, you know, 122 00:07:16,560 --> 00:07:19,440 Speaker 1: just the importance of this pick, you know, and and 123 00:07:19,480 --> 00:07:22,600 Speaker 1: for RBG, you know, you're thinking of of the cases 124 00:07:22,680 --> 00:07:26,040 Speaker 1: that she couldn't herself, couldn't have even imagined that she 125 00:07:26,080 --> 00:07:29,880 Speaker 1: would be looking over. You know, I just want to 126 00:07:29,880 --> 00:07:32,440 Speaker 1: go over the calendar just for the short term, because 127 00:07:32,960 --> 00:07:39,360 Speaker 1: you have the pick coming tomorrow likely hearing Judiciary Committee hearings, uh, 128 00:07:39,480 --> 00:07:43,080 Speaker 1: the week of October eleventh, they're going to likely begin. 129 00:07:43,600 --> 00:07:48,440 Speaker 1: You can have a vote sometime between October and November 130 00:07:48,560 --> 00:07:51,840 Speaker 1: three or shortly thereafter, and then the opening arguments for 131 00:07:51,880 --> 00:07:54,680 Speaker 1: that November ten a c A case, because if the 132 00:07:54,760 --> 00:07:58,880 Speaker 1: judges aren't confirmed by November ten, they can't participate in 133 00:07:59,000 --> 00:08:01,080 Speaker 1: the ruling. What are you going to be looking for 134 00:08:01,240 --> 00:08:03,600 Speaker 1: in the confirmation process or is it just a lot 135 00:08:03,640 --> 00:08:07,080 Speaker 1: of political noise and doesn't really matter? Well, I think 136 00:08:07,120 --> 00:08:10,480 Speaker 1: it's it's more of the ladder, uh. You know, we're 137 00:08:10,800 --> 00:08:13,320 Speaker 1: sort of a Greek tragedy. We can part of my 138 00:08:13,480 --> 00:08:16,120 Speaker 1: part of the analogy. I mean, we know the consult as, 139 00:08:16,160 --> 00:08:19,040 Speaker 1: we know the result um that we're just watching it 140 00:08:19,120 --> 00:08:22,280 Speaker 1: play out, you know, I mean something could happen some 141 00:08:22,280 --> 00:08:25,240 Speaker 1: some some something could come out of the closet, I 142 00:08:25,560 --> 00:08:28,239 Speaker 1: should say, about a week before the Brett Kavanaugh hearings, 143 00:08:28,240 --> 00:08:32,080 Speaker 1: I said, well, nothing's gonna's gonna be a slam dunk confirmation. Uh, 144 00:08:32,160 --> 00:08:34,520 Speaker 1: nothing's gonna happen to slow this one down. And then 145 00:08:34,880 --> 00:08:37,320 Speaker 1: we had all the controversies did indeed slow it down. 146 00:08:37,360 --> 00:08:40,360 Speaker 1: So you know, something something could happen. But based on 147 00:08:40,440 --> 00:08:42,839 Speaker 1: what we know now, given the fact that Democrats can 148 00:08:42,840 --> 00:08:45,760 Speaker 1: throw a few monkey wrenches into the into into the 149 00:08:45,760 --> 00:08:47,600 Speaker 1: wheels so that they really can't stop it. They don't 150 00:08:47,640 --> 00:08:52,120 Speaker 1: have the parliamentary resources to stop this, this nomination and 151 00:08:52,160 --> 00:08:55,120 Speaker 1: this confirmation. It's just a matter of watching it play 152 00:08:55,120 --> 00:08:57,760 Speaker 1: out a different you know, Lindsey Graham's in a bit 153 00:08:57,760 --> 00:08:59,679 Speaker 1: of a tight reelection bid and he's gonna want to 154 00:08:59,720 --> 00:09:03,599 Speaker 1: be chairman of the committee's forefront. But Pamla Harris, the 155 00:09:03,679 --> 00:09:06,679 Speaker 1: vice presidential nominee, is on the committee, and she's been 156 00:09:06,760 --> 00:09:08,960 Speaker 1: quite effective as a questioner, and so people will be 157 00:09:09,000 --> 00:09:11,400 Speaker 1: looking towards her and and those are just two of 158 00:09:11,400 --> 00:09:14,600 Speaker 1: the two of the stars. It will be that'll be uh, 159 00:09:14,720 --> 00:09:17,520 Speaker 1: you know, playing on this stage once the once the 160 00:09:17,559 --> 00:09:21,800 Speaker 1: hearings begin. Alright, Russell Wheeler, I listen. I really can't 161 00:09:21,840 --> 00:09:23,880 Speaker 1: thank you enough for for making the time with me 162 00:09:24,240 --> 00:09:26,560 Speaker 1: on a daylight today. I mean, he is really, folks, 163 00:09:26,679 --> 00:09:30,000 Speaker 1: one of the smartest, brightest minds on all of this. 164 00:09:30,280 --> 00:09:33,280 Speaker 1: Uh and he uh from two thousand and seven to 165 00:09:33,280 --> 00:09:36,360 Speaker 1: two thousand and twelve, he was the United States representative 166 00:09:36,600 --> 00:09:40,600 Speaker 1: to the Board of Directors of the Justice Studies Center 167 00:09:40,880 --> 00:09:44,120 Speaker 1: of the America's in Santiago, Chile, Chile. So I I 168 00:09:44,280 --> 00:09:47,280 Speaker 1: just can't even thank you enough for spending the time 169 00:09:47,280 --> 00:09:50,520 Speaker 1: with us. That's Russell Wheeler. Uh. He is uh, the 170 00:09:50,720 --> 00:09:53,640 Speaker 1: visiting fellow at the Brooking Institution and the former deputy 171 00:09:53,679 --> 00:09:56,760 Speaker 1: director of the Federal Judicial Center. Talking all things to 172 00:09:56,800 --> 00:09:59,440 Speaker 1: go to Well, I've continuing coverage to that uh more 173 00:09:59,480 --> 00:10:02,319 Speaker 1: coming up next. I'm Kevin Sireli, Chief Washington correspondent for 174 00:10:02,320 --> 00:10:05,200 Speaker 1: Bloomberg Television and for Bloomberg Radio. You're listening to Bloomberg. 175 00:10:17,640 --> 00:10:21,160 Speaker 1: You're listening to Bloomberg. Sound On with Kevin currelate on 176 00:10:21,240 --> 00:10:25,240 Speaker 1: Bloomberg and one old five point seven m h D two. 177 00:10:25,520 --> 00:10:28,360 Speaker 1: My name is Kevin Cirelli on the chief Washington correspondent 178 00:10:28,400 --> 00:10:31,080 Speaker 1: for Bloomberg Television and for Bloomberg or Radio. Just a 179 00:10:31,120 --> 00:10:36,040 Speaker 1: friendly reminder. You can watch my geopolitical special, twenty Year 180 00:10:36,040 --> 00:10:41,439 Speaker 1: of Crisis, Diplomatic Divide, Airing Cross Platform on the Bloomberg 181 00:10:41,480 --> 00:10:45,960 Speaker 1: all weekend long uh and including tonight at seven pm Eastern, 182 00:10:46,160 --> 00:10:48,720 Speaker 1: So it's a half hour special. I've got interviews with 183 00:10:49,000 --> 00:10:54,000 Speaker 1: former UN Ambassador Samantha Power from the Obama administration, Rick Rennell, 184 00:10:54,400 --> 00:10:57,360 Speaker 1: who is the former Acting Director of National Intelligence for 185 00:10:57,400 --> 00:11:02,040 Speaker 1: the Trump administration, Ambassador Mahall from Ireland. I went over 186 00:11:02,080 --> 00:11:05,600 Speaker 1: to the Irish embassy residents. I said, Ambassador, what's it 187 00:11:05,640 --> 00:11:08,520 Speaker 1: like with all this volatility in twenty He goes, oh, give, 188 00:11:09,000 --> 00:11:12,720 Speaker 1: it's very very very hot to predict. That's my Irish accent, 189 00:11:12,760 --> 00:11:14,600 Speaker 1: which I guess is really bad and I should never 190 00:11:14,640 --> 00:11:17,040 Speaker 1: do again. On their wake up, Kevin, it's Friday and 191 00:11:17,040 --> 00:11:20,880 Speaker 1: we are focused. Stocks climbed as dip buyers appeared after 192 00:11:20,920 --> 00:11:23,920 Speaker 1: the market slide, tempering a cloudy outlook for a US 193 00:11:23,960 --> 00:11:27,680 Speaker 1: stimulus package. Technology companies led gains in the SMP five hundred, 194 00:11:27,960 --> 00:11:31,120 Speaker 1: while the Nasdaq one hundred jumps two point three percent. 195 00:11:31,200 --> 00:11:37,559 Speaker 1: Real Estate, industrial, and consumer discretionary also rose. Bowing look 196 00:11:37,600 --> 00:11:40,280 Speaker 1: at this. Bowing surged on a news report that the 197 00:11:40,320 --> 00:11:44,160 Speaker 1: top US Aviation Regulator plans to test fly the grounded 198 00:11:44,200 --> 00:11:47,520 Speaker 1: seven thirty seven Max on Wednesday. Interesting, I'm reading a 199 00:11:47,559 --> 00:11:50,280 Speaker 1: course from the Bloomberg terminal. We've got a lot to 200 00:11:50,280 --> 00:11:54,480 Speaker 1: get through, including the fiscal stimulus talks. I'm so incredibly 201 00:11:54,520 --> 00:11:57,600 Speaker 1: grateful that Ellen Hughes Tromwick has agreed to come back 202 00:11:57,679 --> 00:12:00,720 Speaker 1: on the show. She is a course over a Third 203 00:12:00,760 --> 00:12:04,600 Speaker 1: Way uh and is a senior Resident Fellow for the 204 00:12:04,640 --> 00:12:07,559 Speaker 1: Climate and Energy Program at Third Way and the former 205 00:12:07,640 --> 00:12:11,360 Speaker 1: chief economists for Commerce in the Obama administration and the 206 00:12:11,400 --> 00:12:14,000 Speaker 1: former chief economists for Ford Motor Company. And I do 207 00:12:14,000 --> 00:12:17,360 Speaker 1: want to ask her about the California Governor Newsome law 208 00:12:17,440 --> 00:12:22,199 Speaker 1: that that was just about about electric vehicles. We'll get 209 00:12:22,200 --> 00:12:24,120 Speaker 1: to that too, Ellen. What happened to they in the 210 00:12:24,160 --> 00:12:29,480 Speaker 1: markets today? Well, the market's really fascinating, Kevin. I really 211 00:12:29,640 --> 00:12:32,720 Speaker 1: am focused a little bit on the German bond now 212 00:12:32,760 --> 00:12:36,160 Speaker 1: trading at minus fifty three basis points. I think to 213 00:12:36,920 --> 00:12:40,000 Speaker 1: a lot of movement on the long end of our 214 00:12:40,120 --> 00:12:44,520 Speaker 1: curve as investors look at what the prospects are for 215 00:12:44,600 --> 00:12:48,280 Speaker 1: growth without fiscal stimulus. So I think the stimulus is 216 00:12:48,320 --> 00:12:52,560 Speaker 1: front and center today in market activity. So you know, 217 00:12:52,640 --> 00:12:55,600 Speaker 1: and and all week long, and I was talking about 218 00:12:55,600 --> 00:12:58,439 Speaker 1: this with my friends on Bloomberg surveillance all week long. 219 00:12:59,000 --> 00:13:03,000 Speaker 1: We've heard the drip drip drip coming from feedeficial saying 220 00:13:03,040 --> 00:13:06,880 Speaker 1: we need more fiscal stimulus. You've got Speaker Pelosi advance 221 00:13:07,240 --> 00:13:10,040 Speaker 1: the pushing for a two point four trillion dollar stimulus, 222 00:13:10,080 --> 00:13:13,720 Speaker 1: significantly down from the more than three trillion dollars House 223 00:13:13,720 --> 00:13:17,880 Speaker 1: Democrats had initially wanted. And yet the reality is we're 224 00:13:17,920 --> 00:13:20,760 Speaker 1: likely not going to get that fiscal support, fiscal stimulus 225 00:13:20,800 --> 00:13:25,040 Speaker 1: support before the election. Where does the fiscal stimulus factor 226 00:13:25,080 --> 00:13:28,640 Speaker 1: into all of this? Ellen, Well, I think it's a 227 00:13:28,679 --> 00:13:32,840 Speaker 1: big deal, Kevin. If we don't get the fiscal stimulus, 228 00:13:32,880 --> 00:13:35,520 Speaker 1: we're really going to have a rollover on the economy. 229 00:13:35,800 --> 00:13:39,480 Speaker 1: You know that we've already got over twenty six million 230 00:13:39,640 --> 00:13:45,679 Speaker 1: people that are getting some type of unemployment insurance, and 231 00:13:45,840 --> 00:13:49,319 Speaker 1: after twenty seven weeks there's a little bit of another extension, 232 00:13:49,760 --> 00:13:53,040 Speaker 1: a lot of those folks will roll off unemployment insurance. 233 00:13:53,040 --> 00:13:58,720 Speaker 1: That we absolutely need to have some some type of 234 00:13:58,880 --> 00:14:02,400 Speaker 1: support for all of these people. I think that you know, 235 00:14:02,520 --> 00:14:07,320 Speaker 1: people have kind of normalized eight point four percent unemployment rate, 236 00:14:07,440 --> 00:14:12,800 Speaker 1: which is absolutely ridiculous, not tolerate that kind of labor market. 237 00:14:13,440 --> 00:14:16,520 Speaker 1: It's it's a shocker to look at some of these numbers, 238 00:14:16,880 --> 00:14:18,560 Speaker 1: you know, I think, you know, people have got to 239 00:14:18,600 --> 00:14:23,080 Speaker 1: get on on the negotiating table and move ahead with 240 00:14:23,840 --> 00:14:27,560 Speaker 1: some type of extension of unemployment insurance at the very least. 241 00:14:27,600 --> 00:14:30,160 Speaker 1: I mean, there are other provisions, but that's a big one. 242 00:14:30,560 --> 00:14:32,720 Speaker 1: Ellen Hughes Cromwick is on the line, and it's so 243 00:14:32,800 --> 00:14:35,360 Speaker 1: refreshing to hear that on a Friday, because it should. Really. 244 00:14:36,760 --> 00:14:39,400 Speaker 1: I think we've become desensitized to it. I think we've 245 00:14:39,440 --> 00:14:43,720 Speaker 1: become numb to eight hundred and seventy thousand weekly unemployment claims, 246 00:14:43,760 --> 00:14:47,360 Speaker 1: eight hundred sixty thousand weekly unemployment claims, or the eight 247 00:14:47,360 --> 00:14:51,480 Speaker 1: point four percent unemployment rate. I mean, this is the 248 00:14:52,080 --> 00:14:55,840 Speaker 1: numbers are just staggering, the staggering, and and there's something 249 00:14:56,080 --> 00:14:58,000 Speaker 1: that you know this, I mean, you crunch the numbers 250 00:14:58,000 --> 00:15:00,840 Speaker 1: better than anyone, given your experience, Adrien's and everything. But 251 00:15:00,880 --> 00:15:03,680 Speaker 1: there's something that that even economists ellen like yourself and 252 00:15:03,760 --> 00:15:06,480 Speaker 1: you're brilliant, that they can't even do. And that's you 253 00:15:06,600 --> 00:15:10,280 Speaker 1: can't calculate the lost potential. And that's something that really 254 00:15:10,360 --> 00:15:12,760 Speaker 1: ekes at me. It really irks at me. Is that 255 00:15:12,840 --> 00:15:15,600 Speaker 1: lost potential? I want to play for you what Larry 256 00:15:15,640 --> 00:15:17,880 Speaker 1: Cudlow said, Ellen, and then I want to get your 257 00:15:17,880 --> 00:15:21,040 Speaker 1: response because he talks about how the White House is 258 00:15:21,080 --> 00:15:25,320 Speaker 1: still having uh talks with Democrats. Here's Larry Cudlow, the 259 00:15:25,360 --> 00:15:28,800 Speaker 1: President's chief economic advisor. Here he is. The conversations are 260 00:15:28,840 --> 00:15:32,400 Speaker 1: going on. Uh, the Democrats come back with a plan 261 00:15:32,520 --> 00:15:37,800 Speaker 1: that's more um palatable to our thinking. Um, that would 262 00:15:37,800 --> 00:15:41,080 Speaker 1: be fine. Let the President decide on that. So there 263 00:15:41,080 --> 00:15:43,080 Speaker 1: you have Larry Cudlow on that. Do you think that 264 00:15:43,160 --> 00:15:47,840 Speaker 1: there's a political incentive for either side to get to 265 00:15:48,040 --> 00:15:51,800 Speaker 1: a deal before the election or has that path closed? 266 00:15:53,400 --> 00:15:58,920 Speaker 1: I think that both. Uh. You know, everyone across America, 267 00:15:59,040 --> 00:16:02,480 Speaker 1: whether you're in inside the Beltway or outside the Beltway, 268 00:16:02,560 --> 00:16:06,320 Speaker 1: can see what the data show, which is that we've 269 00:16:06,360 --> 00:16:12,120 Speaker 1: got a stagnant, inequality economy right now, and unless we 270 00:16:12,240 --> 00:16:17,280 Speaker 1: get more physical stimulus, this is gonna unravel even further. 271 00:16:17,360 --> 00:16:20,160 Speaker 1: As you know, a lot of the provisions that were 272 00:16:20,240 --> 00:16:23,800 Speaker 1: in the Cares Act start to run out. I mean, essentially, 273 00:16:23,840 --> 00:16:26,000 Speaker 1: we get to the end of September, we don't have 274 00:16:26,080 --> 00:16:29,960 Speaker 1: PPP anymore. We have some of those businesses applying for 275 00:16:30,480 --> 00:16:33,640 Speaker 1: you know, loan forgiveness. That's going to be helpful, but 276 00:16:33,880 --> 00:16:39,560 Speaker 1: a lot of other aspects of cares Act really just dissipates. 277 00:16:39,800 --> 00:16:43,080 Speaker 1: And that's the big problem. So I don't know what 278 00:16:43,160 --> 00:16:48,200 Speaker 1: data he's looking at, but UM ask ask any economists 279 00:16:48,240 --> 00:16:51,440 Speaker 1: out there that's looking at this the situation on the 280 00:16:51,560 --> 00:16:55,160 Speaker 1: labor market, and then go down main street in any 281 00:16:55,200 --> 00:16:58,440 Speaker 1: community and you see the carners. So we've got to 282 00:16:58,560 --> 00:17:01,720 Speaker 1: really get them looking at the data and coming to 283 00:17:01,800 --> 00:17:04,240 Speaker 1: the table, you know. And and just to put it 284 00:17:04,240 --> 00:17:06,879 Speaker 1: in perspective, I was looking at the terminal before I, 285 00:17:07,000 --> 00:17:09,640 Speaker 1: before I came on air. And the September stock markets 286 00:17:09,640 --> 00:17:11,879 Speaker 1: sell off that started as a come up and for 287 00:17:12,000 --> 00:17:15,800 Speaker 1: overheated tech shares evolved this week into a more troubling 288 00:17:15,880 --> 00:17:19,000 Speaker 1: sign for the US economy. And that's really precisely what 289 00:17:19,040 --> 00:17:21,560 Speaker 1: you're talking about. What you're alluding to, Ellen, is that 290 00:17:21,680 --> 00:17:25,119 Speaker 1: while stocks advanced Friday after lawmakers revived their hopes for 291 00:17:25,200 --> 00:17:30,679 Speaker 1: a fresh spending bill, the SMPI the fourth straight weekly drop, 292 00:17:31,119 --> 00:17:33,640 Speaker 1: and this time it was an appler or tesla. It 293 00:17:33,720 --> 00:17:37,560 Speaker 1: was companies with profits most closely tied to economic growth, 294 00:17:37,600 --> 00:17:40,840 Speaker 1: like commodity producers and banks leading the drop. So what 295 00:17:40,880 --> 00:17:43,639 Speaker 1: do you think, what do you think that shows and 296 00:17:43,840 --> 00:17:49,080 Speaker 1: illustrates about the uneasiness as we enter into the fourth quarter. Yeah, 297 00:17:49,119 --> 00:17:51,000 Speaker 1: I think I think you just hit the nail on 298 00:17:51,040 --> 00:17:54,000 Speaker 1: the head, Kevin. We're at an eight point four percent 299 00:17:54,200 --> 00:17:58,159 Speaker 1: unemployment rate. We're up from street point in August of 300 00:17:58,280 --> 00:18:03,000 Speaker 1: two thousand nineteen. We've had over four million people basically 301 00:18:03,080 --> 00:18:06,320 Speaker 1: drop out of the labor force in the last you know, 302 00:18:06,480 --> 00:18:11,400 Speaker 1: twelve months, and uh, you know, we have got to 303 00:18:11,440 --> 00:18:14,920 Speaker 1: try to get to a point here coming up really 304 00:18:15,080 --> 00:18:19,680 Speaker 1: soon to find some additional fiscal stimulus. It's not very 305 00:18:19,760 --> 00:18:22,400 Speaker 1: often that you have the Chairman of the Federal Reserve 306 00:18:22,680 --> 00:18:27,080 Speaker 1: testifying that we need more fiscal thrust. I mean, he's 307 00:18:27,320 --> 00:18:30,760 Speaker 1: really done a lot in collaboration with the entire f 308 00:18:30,880 --> 00:18:33,359 Speaker 1: O m C to put out there a lot of 309 00:18:33,400 --> 00:18:39,360 Speaker 1: monetary policy stimulus thirteen purchase and lending facility, liquidity facilities. 310 00:18:39,400 --> 00:18:43,200 Speaker 1: They've done their job. We now need to have the same, 311 00:18:43,880 --> 00:18:49,160 Speaker 1: you know, type of stimulus on the fiscal side to uh, 312 00:18:49,240 --> 00:18:53,040 Speaker 1: you know, really to really rejoot rejuvenate the economy. I 313 00:18:53,080 --> 00:18:54,800 Speaker 1: got like thirty seconds left and I got to get 314 00:18:54,840 --> 00:18:57,720 Speaker 1: this question. In California Governor Newsome, He's a Democrat. He 315 00:18:57,760 --> 00:19:01,000 Speaker 1: pledged a ban all sales of new gasoline power our vehicles. 316 00:19:02,440 --> 00:19:04,560 Speaker 1: Do you think other states are going to follow suit 317 00:19:04,680 --> 00:19:08,159 Speaker 1: and make a similar pledge? I think we're getting to 318 00:19:08,240 --> 00:19:12,359 Speaker 1: that point. You know, we need to have electric vehicle 319 00:19:12,440 --> 00:19:16,960 Speaker 1: sales across the country by five in order to get 320 00:19:17,000 --> 00:19:21,679 Speaker 1: the entire number of vehicles on the road by fifty 321 00:19:21,880 --> 00:19:25,040 Speaker 1: at zero emissions. That's the target that we really have 322 00:19:25,119 --> 00:19:28,560 Speaker 1: to move towards. Fascinating Ellen Hughes Cromwick, never enough time 323 00:19:28,600 --> 00:19:30,520 Speaker 1: with you. I'm so appreciative. I always learned when I 324 00:19:30,520 --> 00:19:32,920 Speaker 1: talked to Ellen Hughes Cromwick. She is Third Ways Climate 325 00:19:32,960 --> 00:19:36,080 Speaker 1: and Energy Program. Uh, we're coming up next. We head 326 00:19:36,119 --> 00:19:39,080 Speaker 1: back onto Capitol Hill. I'm Kevin Sirelli. You're listening to Bloomberg. 327 00:19:49,680 --> 00:19:53,560 Speaker 1: How do we reopen this economy? The latest on how 328 00:19:53,560 --> 00:19:56,679 Speaker 1: this pandemic is impacting farmers? What does this do from 329 00:19:56,680 --> 00:20:01,600 Speaker 1: the United States relationship with China? Bloomberg's wound off the insiders, 330 00:20:01,720 --> 00:20:05,359 Speaker 1: the influencers, the insides. We're responding to this crisis and 331 00:20:05,440 --> 00:20:08,800 Speaker 1: manufacturers are stepping up like never before. We're looking at 332 00:20:08,840 --> 00:20:11,600 Speaker 1: seventy candidates for different duct teams. How do we make 333 00:20:11,640 --> 00:20:15,040 Speaker 1: sure a pandemic of this scale never happens again. This 334 00:20:15,400 --> 00:20:20,639 Speaker 1: is Bloomberg Sound On with Kevin Surrel on Bloomberg and 335 00:20:20,720 --> 00:20:25,159 Speaker 1: one oh H D two. We are on Scotus Watch. 336 00:20:25,320 --> 00:20:28,280 Speaker 1: President Trump sets up formerly unveil his pick to the 337 00:20:28,359 --> 00:20:31,760 Speaker 1: Supreme Court in less than twenty four hours. Will bring 338 00:20:31,840 --> 00:20:37,800 Speaker 1: you every angle. This has more hope, hope, maybe maybe 339 00:20:37,920 --> 00:20:41,040 Speaker 1: for fiscal stimulus relief. We check in with one lawmaker 340 00:20:41,160 --> 00:20:44,280 Speaker 1: up on Capitol Hill and just days away from the 341 00:20:44,320 --> 00:20:47,520 Speaker 1: first presidential debate, so we've got a lot to get through. 342 00:20:47,560 --> 00:20:50,080 Speaker 1: I've got an all star political panel coming up. We're 343 00:20:50,080 --> 00:20:53,320 Speaker 1: gonna check in with Larida Congressman Michael Waltz and that'll 344 00:20:53,359 --> 00:20:57,280 Speaker 1: be later in this hour. We are on full Supreme 345 00:20:57,359 --> 00:21:02,000 Speaker 1: Court Watch. And we have to begin this Friday show 346 00:21:02,040 --> 00:21:06,000 Speaker 1: with just what really really captivated the attention not just 347 00:21:06,160 --> 00:21:09,520 Speaker 1: of Washington, d C. Not just of the nation, but 348 00:21:09,680 --> 00:21:13,800 Speaker 1: really the entire world. The late Supreme Court Justice Ruth 349 00:21:13,800 --> 00:21:17,679 Speaker 1: Bader Ginsburg making history and death as she did in life. 350 00:21:18,119 --> 00:21:21,840 Speaker 1: When she was honored earlier today as the first woman 351 00:21:22,600 --> 00:21:26,480 Speaker 1: to lie in state at the US Capital. Take a 352 00:21:26,520 --> 00:21:29,080 Speaker 1: listen to Speaker of the House Nancy Pelosi who put 353 00:21:29,200 --> 00:21:33,960 Speaker 1: it in perspective, it is with profound sorrow and deep 354 00:21:34,040 --> 00:21:38,320 Speaker 1: sympathy to the Ginsburg family that I have the high 355 00:21:38,359 --> 00:21:45,280 Speaker 1: honor to welcome Justice Ruth Bader Ginsburg July in State 356 00:21:46,040 --> 00:21:49,320 Speaker 1: in the capital of the United States. You know it 357 00:21:49,680 --> 00:21:53,560 Speaker 1: just seeing so many of the dignitary, seeing so many 358 00:21:53,640 --> 00:21:58,359 Speaker 1: of the individuals just all pay their respects to to RBG. 359 00:21:58,600 --> 00:22:00,520 Speaker 1: It really was moving, no matter what outside of the 360 00:22:00,520 --> 00:22:03,359 Speaker 1: political aisle you are on. Frank Massano is with me 361 00:22:03,400 --> 00:22:05,920 Speaker 1: for the our partner at brace Well's Policy Resolution Group 362 00:22:06,200 --> 00:22:09,040 Speaker 1: is the former press secretary to several Republican lawmakers on 363 00:22:09,119 --> 00:22:12,600 Speaker 1: Capitol Hill. And Max Burns, a Democratic strategist contributor at 364 00:22:12,640 --> 00:22:15,760 Speaker 1: The Daily Beast, the New York Daily News, and The Independent. 365 00:22:15,920 --> 00:22:18,919 Speaker 1: Max I hear the sirens in the background of New 366 00:22:19,000 --> 00:22:22,600 Speaker 1: York City. But I I want to ask you just 367 00:22:22,720 --> 00:22:27,680 Speaker 1: when you were watching rb jews ceremonies today, I mean, 368 00:22:27,720 --> 00:22:31,440 Speaker 1: what was going through your mind. I've just been thinking 369 00:22:31,440 --> 00:22:34,359 Speaker 1: about all the conversations we've been having in this country 370 00:22:34,440 --> 00:22:39,240 Speaker 1: about how our institutions lack legitimacy, how the declining public 371 00:22:39,280 --> 00:22:42,920 Speaker 1: trust in police and courts and Congress, and yet we 372 00:22:43,000 --> 00:22:45,439 Speaker 1: see this individual whose passed and can bring all of 373 00:22:45,440 --> 00:22:48,600 Speaker 1: these people together in a room who can agree on 374 00:22:48,720 --> 00:22:51,040 Speaker 1: nothing except that this was an exceptional woman and an 375 00:22:51,119 --> 00:22:55,560 Speaker 1: exceptional jurist who paid away for women in ways that 376 00:22:55,600 --> 00:22:57,720 Speaker 1: a lot of women may not even be fully aware of. 377 00:22:58,520 --> 00:23:01,080 Speaker 1: And it's it's rare that we've someone like her come 378 00:23:01,160 --> 00:23:04,119 Speaker 1: through the watches women are aware about anyone's aware of 379 00:23:04,160 --> 00:23:06,159 Speaker 1: I mean her impact. I mean, you know, as our 380 00:23:06,200 --> 00:23:08,200 Speaker 1: last guest in the last half hour put it. I mean, 381 00:23:08,480 --> 00:23:10,399 Speaker 1: you think when you're named to the Supreme Court, you 382 00:23:10,400 --> 00:23:13,800 Speaker 1: can't even predict the cases that you're gonna see ten 383 00:23:13,960 --> 00:23:17,200 Speaker 1: twenty thirty years out. Max. If I'm on speaker phone, 384 00:23:17,240 --> 00:23:18,760 Speaker 1: do me a favorite body and take me off of 385 00:23:18,760 --> 00:23:21,000 Speaker 1: it because that connection is a little, a little messy 386 00:23:21,080 --> 00:23:23,600 Speaker 1: for us. Frank, let me uh, let me ask you. 387 00:23:23,640 --> 00:23:26,159 Speaker 1: I mean, I know, I know you're a Republican and whatnot. 388 00:23:26,200 --> 00:23:30,520 Speaker 1: But this was really an opportunity for folks to come 389 00:23:30,520 --> 00:23:34,480 Speaker 1: together to honor such a such a really a prominent 390 00:23:34,520 --> 00:23:37,919 Speaker 1: American for sure. She she was the champion right for 391 00:23:38,080 --> 00:23:43,000 Speaker 1: women rights, for for for Jewish Americans. She was a 392 00:23:43,119 --> 00:23:46,520 Speaker 1: role model across the board for young lawyers who are 393 00:23:46,560 --> 00:23:50,960 Speaker 1: interested in pursuing their their careers, and especially young women lawyers. 394 00:23:50,960 --> 00:23:53,159 Speaker 1: So you know, yeah, for sure I agree with everything 395 00:23:53,200 --> 00:23:56,320 Speaker 1: Max said to start um, you know, but what really, 396 00:23:56,400 --> 00:24:01,040 Speaker 1: keV I love to focus on is the relationship she 397 00:24:01,200 --> 00:24:04,399 Speaker 1: had with Antonin Scalia. Of course, the god that I 398 00:24:04,840 --> 00:24:07,680 Speaker 1: you know, like a lot because of his views and 399 00:24:07,760 --> 00:24:12,119 Speaker 1: his constitutional approach. But you know, honestly, she and he 400 00:24:12,480 --> 00:24:17,280 Speaker 1: were like the closest of friends, crossing those partisan divides, 401 00:24:17,320 --> 00:24:20,680 Speaker 1: and I think we just don't have that anymore, uh, 402 00:24:20,720 --> 00:24:23,200 Speaker 1: in in we have it, but it's just not as 403 00:24:23,240 --> 00:24:25,920 Speaker 1: evident as it once was in this town. And they 404 00:24:26,119 --> 00:24:29,320 Speaker 1: they lived that way all the way up until Scalia died, 405 00:24:29,359 --> 00:24:32,359 Speaker 1: and she talked about it a lot in the last 406 00:24:32,560 --> 00:24:35,680 Speaker 1: you know, four years, uh, and how what she thought 407 00:24:35,680 --> 00:24:37,800 Speaker 1: of him, And so you know, that's what I think 408 00:24:37,880 --> 00:24:42,280 Speaker 1: of Beyond the greatness that everybody knows about her, that's 409 00:24:42,320 --> 00:24:45,600 Speaker 1: the thing I think of the most that she you know, 410 00:24:45,720 --> 00:24:49,399 Speaker 1: she really was, uh, not only a leader like that, 411 00:24:49,480 --> 00:24:53,040 Speaker 1: but also a cheerleader for bridging the divide that so 412 00:24:53,480 --> 00:24:55,920 Speaker 1: often splits us. And here we are as the red 413 00:24:55,920 --> 00:24:59,760 Speaker 1: headline crosses the Bloomberg terminal. TikTok, Judge said, Sunday morning, 414 00:24:59,800 --> 00:25:03,520 Speaker 1: here over ban again, a red headline crossing the Bloomberg terminal. TikTok. 415 00:25:03,680 --> 00:25:06,960 Speaker 1: Judge said Sunday morning hearing over the band were just 416 00:25:07,119 --> 00:25:09,720 Speaker 1: hours away, now less than twenty four hours away, Max 417 00:25:09,760 --> 00:25:13,960 Speaker 1: Burns from President Trump naming who he will pick to 418 00:25:14,440 --> 00:25:17,120 Speaker 1: go on to the Supreme Court, and then we're gonna 419 00:25:17,200 --> 00:25:20,320 Speaker 1: have in the in the in the in the weeks 420 00:25:20,320 --> 00:25:26,359 Speaker 1: that follow confirmation hearings before the Senate Judiciary Committee. Jamie 421 00:25:26,400 --> 00:25:32,800 Speaker 1: Coney Barrett uh Is is zero in upon and from 422 00:25:32,840 --> 00:25:36,199 Speaker 1: your perspective, Max, there's not much Democrats can do to 423 00:25:36,200 --> 00:25:39,720 Speaker 1: stop it. Correct And I think to a larger extent, 424 00:25:39,760 --> 00:25:42,720 Speaker 1: it doesn't even matter who Donald Trump nominates. We've had 425 00:25:42,800 --> 00:25:46,640 Speaker 1: Republican senators say they're willing to vote to confirm whoever 426 00:25:46,680 --> 00:25:49,639 Speaker 1: the nominee might be, regardless of who they are and 427 00:25:49,680 --> 00:25:52,159 Speaker 1: what they believe. So at this point, I think the 428 00:25:52,200 --> 00:25:55,280 Speaker 1: best that Democrats can do is appeal to the American 429 00:25:55,359 --> 00:25:59,560 Speaker 1: people and just the blatant sense of hypocrisy that Mitch 430 00:25:59,640 --> 00:26:04,520 Speaker 1: McConn is undertaking and pushing this nomination forward. You know, 431 00:26:05,000 --> 00:26:08,040 Speaker 1: but the coming here, Frank Massana, just in terms of 432 00:26:08,359 --> 00:26:11,240 Speaker 1: how important this pick is for Republicans and how it 433 00:26:11,359 --> 00:26:15,080 Speaker 1: might how it might impact the upcoming elections, not just 434 00:26:15,160 --> 00:26:19,200 Speaker 1: the presidential but the down ballot races as well. Yeah, 435 00:26:19,520 --> 00:26:22,879 Speaker 1: let's be clear, this is about politics, right. Everyone wants 436 00:26:22,920 --> 00:26:26,639 Speaker 1: to say that there's hypocrisy here, hypocrisy there. If the 437 00:26:26,640 --> 00:26:28,680 Speaker 1: shoe was on the other foot, Democrats would be doing 438 00:26:28,680 --> 00:26:31,840 Speaker 1: the very same thing for one of these controversial or 439 00:26:31,880 --> 00:26:35,200 Speaker 1: what I like to call swing justice seats. Right when 440 00:26:35,240 --> 00:26:38,600 Speaker 1: Scalia passed away, he was a conservative president. Obama would 441 00:26:38,720 --> 00:26:42,919 Speaker 1: love to appoint a person who could swing that vote 442 00:26:42,920 --> 00:26:48,320 Speaker 1: towards his his views and uh and moderating ure a 443 00:26:48,320 --> 00:26:53,199 Speaker 1: more conservative court. Unfortunately, at the time um, the Senate 444 00:26:53,320 --> 00:26:55,760 Speaker 1: was controlled by Republicans, and they pulled they have the 445 00:26:55,800 --> 00:26:59,120 Speaker 1: power to pull the levers um in part, not totally, 446 00:26:59,160 --> 00:27:02,680 Speaker 1: but in part. They two moves that Harry Reid made 447 00:27:02,720 --> 00:27:06,520 Speaker 1: back in on judicial nominees to be able to block 448 00:27:06,640 --> 00:27:10,240 Speaker 1: that that moved. And again I just remind people it 449 00:27:10,320 --> 00:27:13,600 Speaker 1: was a roll of the dice for Mitch McConnell to 450 00:27:14,200 --> 00:27:17,320 Speaker 1: hold that nomination up. And you know, there was no 451 00:27:17,600 --> 00:27:21,439 Speaker 1: clear appearance that Donald Trump was gonna win back in. 452 00:27:22,280 --> 00:27:25,480 Speaker 1: Has evidenced by how we felt the day after the 453 00:27:25,480 --> 00:27:27,880 Speaker 1: election in November when he did win, when are we 454 00:27:27,880 --> 00:27:31,000 Speaker 1: were all shocked by it, so you know, it was 455 00:27:31,040 --> 00:27:34,880 Speaker 1: not it was not a clear cut, uh win. For 456 00:27:34,880 --> 00:27:37,440 Speaker 1: for McConnell to to hold that it was a risk 457 00:27:37,840 --> 00:27:40,639 Speaker 1: and you know, so again, I do think that when 458 00:27:40,680 --> 00:27:43,200 Speaker 1: this is about power, it's less about hypocrisy and more 459 00:27:43,200 --> 00:27:45,639 Speaker 1: about control of the Senate and power. And when you 460 00:27:45,680 --> 00:27:48,680 Speaker 1: have the Ginsburg seat which you can flip, or the 461 00:27:48,680 --> 00:27:51,240 Speaker 1: Scalia seat which you can flip, parties are going to 462 00:27:51,320 --> 00:27:55,000 Speaker 1: take whatever power they have to be able to do it. Max. 463 00:27:55,119 --> 00:27:58,119 Speaker 1: I mean, does this help Republicans in the Senate potentially 464 00:27:58,119 --> 00:28:00,920 Speaker 1: it's a wash on the presidential level, and maybe help 465 00:28:01,040 --> 00:28:04,440 Speaker 1: Democrats in the House as we saw in the mid 466 00:28:04,520 --> 00:28:07,040 Speaker 1: terms because Republicans picked up seats in the Senate and 467 00:28:07,080 --> 00:28:10,520 Speaker 1: the last go around and uh and Democrats picked up 468 00:28:10,520 --> 00:28:12,080 Speaker 1: seats in the House. So I will this play out. 469 00:28:12,480 --> 00:28:15,199 Speaker 1: I'm actually really interested in the down ballot races for 470 00:28:15,240 --> 00:28:18,720 Speaker 1: this pick and the implications on that front. I think 471 00:28:18,760 --> 00:28:22,080 Speaker 1: the biggest Effectives actually has is on the presidential side. 472 00:28:22,119 --> 00:28:25,000 Speaker 1: I think if you look back to a lot of 473 00:28:25,000 --> 00:28:28,600 Speaker 1: what brought wayward Republicans who weren't quite sold on Trump, 474 00:28:28,880 --> 00:28:32,639 Speaker 1: back into the fold. Was that opportunity to take the 475 00:28:32,680 --> 00:28:36,560 Speaker 1: Merrick Garland nomination and throw it away. Uh. This is 476 00:28:37,000 --> 00:28:41,000 Speaker 1: a red meat issue that is transcends not just Donald Trump, 477 00:28:41,040 --> 00:28:44,239 Speaker 1: but transcends you know, one election cycle. This has been 478 00:28:44,280 --> 00:28:46,960 Speaker 1: a generational goal of the party. So that's gonna matter 479 00:28:47,400 --> 00:28:48,800 Speaker 1: well coming up, coming up, we gotta live in there 480 00:28:48,840 --> 00:28:50,160 Speaker 1: for right now because coming up we're gonna talk more 481 00:28:50,160 --> 00:28:52,080 Speaker 1: about the Supreme Court. We're gonna talk about healthcare because 482 00:28:52,080 --> 00:28:55,080 Speaker 1: healthcare is a huge driving source for this as well. 483 00:28:55,160 --> 00:28:57,720 Speaker 1: That's coming up next. I'm Kevin Sirelli. You're listening to Bloomberg. 484 00:29:13,040 --> 00:29:17,640 Speaker 1: This is Bloomberg's sound on with Kevin Shirley on Bloomberg 485 00:29:18,760 --> 00:29:21,080 Speaker 1: and one oh five points seven f M HD two. 486 00:29:22,160 --> 00:29:26,040 Speaker 1: We've got all kinds of indications that the Democrats are 487 00:29:26,360 --> 00:29:28,720 Speaker 1: are going to use the next thirty days to try 488 00:29:28,760 --> 00:29:33,480 Speaker 1: to uh shame whatever nominee we put fourth, for their faith, 489 00:29:33,560 --> 00:29:38,440 Speaker 1: for their record, for who they are, um and and 490 00:29:38,440 --> 00:29:42,160 Speaker 1: and it's troubling. That was Mark Meadows. He's the President's 491 00:29:42,600 --> 00:29:46,160 Speaker 1: chief of staff and he was talking earlier today about 492 00:29:46,440 --> 00:29:51,760 Speaker 1: the looming battle for the confirmation process for the uh 493 00:29:51,800 --> 00:29:56,240 Speaker 1: Supreme uh Court. I'm Kevin Sireli, chief Washington correspondent for 494 00:29:56,280 --> 00:29:58,880 Speaker 1: Bloomberg Television and for Bloomberg Radio. I wanted to dive 495 00:29:58,880 --> 00:30:01,520 Speaker 1: into policy for a second. It because I've got two 496 00:30:02,120 --> 00:30:05,840 Speaker 1: policy walks with me for the hour, Frank Massano, partner 497 00:30:05,840 --> 00:30:08,680 Speaker 1: at brace Well's Policy Resolution Group, and Max Burns. He's 498 00:30:08,680 --> 00:30:11,400 Speaker 1: a democratic strategist as well as a contributor to a 499 00:30:11,400 --> 00:30:14,000 Speaker 1: host of different publications, including The Daily Beast and the 500 00:30:14,040 --> 00:30:17,400 Speaker 1: New York Daily News. And you know, I really I 501 00:30:17,680 --> 00:30:20,880 Speaker 1: I go through the calendar because Wall Street is has 502 00:30:20,920 --> 00:30:24,160 Speaker 1: a lot of uncertainty folks about what's coming up next 503 00:30:24,320 --> 00:30:30,280 Speaker 1: in terms of the volatility UH can and and and 504 00:30:30,320 --> 00:30:32,640 Speaker 1: it can be a little bit confusing. So tomorrow President 505 00:30:32,640 --> 00:30:36,880 Speaker 1: Trump is going to name his pick, and then um 506 00:30:37,000 --> 00:30:44,200 Speaker 1: on October. Then likely that between October and November three 507 00:30:44,280 --> 00:30:48,160 Speaker 1: is when the confirmation vote will likely be. October eleven, 508 00:30:48,280 --> 00:30:50,000 Speaker 1: I skipped, this is when the hearings are really going 509 00:30:50,040 --> 00:30:55,160 Speaker 1: to start, nerds. But November November ten is the opening 510 00:30:55,480 --> 00:30:59,720 Speaker 1: round for the Affordable Care Act case that is going 511 00:30:59,760 --> 00:31:05,240 Speaker 1: to be had before the Supreme Court. And you gotta 512 00:31:05,280 --> 00:31:08,800 Speaker 1: get wonky because if the if, the if, the person 513 00:31:09,040 --> 00:31:11,600 Speaker 1: is not on the Supreme Court is not on the 514 00:31:11,640 --> 00:31:16,200 Speaker 1: bench for opening arguments of a case, then they cannot 515 00:31:16,200 --> 00:31:21,040 Speaker 1: participate in the ruling. And so that's where if you're 516 00:31:21,160 --> 00:31:26,160 Speaker 1: staring down the months of November and December, and not 517 00:31:26,240 --> 00:31:30,800 Speaker 1: just the Affordable Care Act, but also potential election cases 518 00:31:31,480 --> 00:31:33,360 Speaker 1: at the Supreme Court, which is not a far off 519 00:31:33,880 --> 00:31:36,800 Speaker 1: you know, thought, it's not. It's not a distant hypothetical, 520 00:31:36,880 --> 00:31:41,480 Speaker 1: it's it's a real tangible, potential, uh story. That's where 521 00:31:41,560 --> 00:31:44,680 Speaker 1: this pick really becomes quite fascinating. So we can talk 522 00:31:44,720 --> 00:31:46,400 Speaker 1: about the polls, and we can talk about the various 523 00:31:46,400 --> 00:31:50,120 Speaker 1: issues which are incredibly important and I'm not trivializing them whatsoever. 524 00:31:50,560 --> 00:31:53,680 Speaker 1: But in the immediate short term, whomever the president picks 525 00:31:53,680 --> 00:31:57,480 Speaker 1: and whomever is confirmed in the short term in November 526 00:31:57,480 --> 00:32:02,960 Speaker 1: and December, is could hear some incredible monumental cases. Rankasano, Yeah, no, 527 00:32:03,120 --> 00:32:05,320 Speaker 1: it is. It is really important. And let me just 528 00:32:05,400 --> 00:32:07,440 Speaker 1: go back for one second and mention one thing that 529 00:32:07,480 --> 00:32:10,200 Speaker 1: you wanted to talk about before. I do think that 530 00:32:10,280 --> 00:32:15,440 Speaker 1: this will that this this pick will have impact. It 531 00:32:15,480 --> 00:32:17,680 Speaker 1: will have a negative impact on those people who have 532 00:32:17,760 --> 00:32:20,200 Speaker 1: to have split tickets in their races, because it does 533 00:32:20,240 --> 00:32:24,000 Speaker 1: galvanized supporters. So people who like Corey let's say, Corey 534 00:32:24,040 --> 00:32:27,200 Speaker 1: Gardner or others who are looking at split tickets and 535 00:32:27,320 --> 00:32:29,200 Speaker 1: trying to get people to split their ticket who may 536 00:32:29,240 --> 00:32:30,960 Speaker 1: be voting for Biden and want to vote for them. 537 00:32:31,160 --> 00:32:33,440 Speaker 1: Those are the people who are really kind of probably 538 00:32:33,480 --> 00:32:35,720 Speaker 1: a little nervous now about this pick. To get to 539 00:32:35,760 --> 00:32:39,280 Speaker 1: your policy questions, Yes, incredibly important. You had a five 540 00:32:39,320 --> 00:32:45,640 Speaker 1: four decision on the Healthcare Act previously. That was that 541 00:32:45,680 --> 00:32:48,800 Speaker 1: you know, was kind of nuanced by Roberts because he 542 00:32:48,840 --> 00:32:51,120 Speaker 1: didn't want to uh, he wanted to punt the issue 543 00:32:51,160 --> 00:32:54,800 Speaker 1: away from the court. Obviously that uh, if you fill 544 00:32:54,880 --> 00:32:57,800 Speaker 1: that seat with somebody who would not agree with Roberts 545 00:32:57,840 --> 00:33:01,440 Speaker 1: and would tend to agree with UM, with Thomas and 546 00:33:01,440 --> 00:33:03,239 Speaker 1: and those on the other side, do you have some 547 00:33:03,280 --> 00:33:06,120 Speaker 1: potential issues to change there? You know, I don't pretend 548 00:33:06,120 --> 00:33:08,040 Speaker 1: to know and judge how all these things are going 549 00:33:08,080 --> 00:33:10,760 Speaker 1: to play out and what the nuances are going to be. UM. 550 00:33:10,800 --> 00:33:13,840 Speaker 1: The reality is the court will be more conservative if 551 00:33:13,840 --> 00:33:17,840 Speaker 1: this justice is confirmed. UM, and that's going to have 552 00:33:17,880 --> 00:33:20,680 Speaker 1: an impact on everything from cases that are focused on 553 00:33:20,720 --> 00:33:23,800 Speaker 1: the environment, two cases that are focused on healthcare, to 554 00:33:23,960 --> 00:33:27,120 Speaker 1: cases that are focused on UM. You know, the free 555 00:33:27,120 --> 00:33:30,120 Speaker 1: speech issues we've talked about in terms of campaign financing 556 00:33:30,120 --> 00:33:32,640 Speaker 1: and things like that. Max, come in here just about 557 00:33:32,640 --> 00:33:36,280 Speaker 1: the policy implications in the short term. I think it's 558 00:33:36,280 --> 00:33:38,760 Speaker 1: really interesting and that you also see that there have 559 00:33:38,880 --> 00:33:43,360 Speaker 1: been bubbling up in the lower courts some right wing 560 00:33:43,440 --> 00:33:48,800 Speaker 1: aligned challenges to things like abortion to gun control laws. 561 00:33:49,200 --> 00:33:50,760 Speaker 1: And I know and listen, and I'm not I'm not 562 00:33:50,800 --> 00:33:53,680 Speaker 1: diminishing those issues whatsoever. But I really want to narrow 563 00:33:53,680 --> 00:33:55,320 Speaker 1: this segment, because we did that in the first segment. 564 00:33:55,360 --> 00:33:57,920 Speaker 1: On this segment, Max, I want to focus on the 565 00:33:58,040 --> 00:34:00,640 Speaker 1: a c A case as well as the potential of 566 00:34:01,920 --> 00:34:04,800 Speaker 1: in the months of November and December. There's issues that 567 00:34:04,840 --> 00:34:07,160 Speaker 1: you raised are incredibly important. We've discussed them. I want 568 00:34:07,160 --> 00:34:09,760 Speaker 1: to focus on the short term the November ten opening 569 00:34:09,840 --> 00:34:12,960 Speaker 1: arguments of the Affordable Care Act case. Sure, and that 570 00:34:13,120 --> 00:34:18,040 Speaker 1: certainly is imperiled now more I think than ever level 571 00:34:18,080 --> 00:34:20,120 Speaker 1: of support the last time this came up in a 572 00:34:20,200 --> 00:34:24,480 Speaker 1: serious way where Chief Justice Roberts essentially split his logic 573 00:34:24,560 --> 00:34:28,000 Speaker 1: to keep this alive. Uh It's it's tough to see 574 00:34:28,000 --> 00:34:31,360 Speaker 1: a pass forward, is specially given Amy Coney Barrett's well 575 00:34:32,040 --> 00:34:35,200 Speaker 1: uh well and publicly available positions on these issues. In 576 00:34:35,239 --> 00:34:38,920 Speaker 1: the past to say that that's probably not going to survive, 577 00:34:39,080 --> 00:34:41,120 Speaker 1: at least in a way that that anyone on the 578 00:34:41,200 --> 00:34:46,319 Speaker 1: left is gonna want. Yeah, precisely, precisely, and I think 579 00:34:46,600 --> 00:34:50,279 Speaker 1: that that go ahead, go ahead. To get to your 580 00:34:50,360 --> 00:34:54,480 Speaker 1: question about elections. Um, you know, whether it was a 581 00:34:54,520 --> 00:34:57,120 Speaker 1: five for whether it was a nine person court or 582 00:34:57,160 --> 00:35:00,560 Speaker 1: an eight person court, the election issues, you know, there's 583 00:35:00,600 --> 00:35:03,360 Speaker 1: the potential for a tie there, but maybe there isn't, 584 00:35:03,480 --> 00:35:06,560 Speaker 1: you know, given the way the court is set up now. UM. 585 00:35:06,920 --> 00:35:09,840 Speaker 1: So you know, again, I do think it's important to 586 00:35:09,920 --> 00:35:13,040 Speaker 1: have a full court. I do think that having either 587 00:35:13,160 --> 00:35:18,319 Speaker 1: eight or nine justices, um, regardless, is there will be 588 00:35:18,400 --> 00:35:20,920 Speaker 1: potential issues that we're going to have to deal with, 589 00:35:21,360 --> 00:35:23,480 Speaker 1: um in the election. I mean, I feel like the 590 00:35:24,160 --> 00:35:28,319 Speaker 1: challenges that we're gonna face with voter challenges and mail 591 00:35:28,360 --> 00:35:30,919 Speaker 1: in ballots and all kinds of things which which there's 592 00:35:31,040 --> 00:35:34,759 Speaker 1: clearly going to be uh this, you know, challenges. There's 593 00:35:34,800 --> 00:35:37,759 Speaker 1: certainly gonna be problems because many of these states have 594 00:35:37,880 --> 00:35:40,359 Speaker 1: never tried this before. So you're gonna have a dis 595 00:35:40,760 --> 00:35:44,560 Speaker 1: disgruntled person on either side complaining about it regardless. UM. 596 00:35:45,000 --> 00:35:47,759 Speaker 1: So I do think that, um, the court is going 597 00:35:47,800 --> 00:35:51,080 Speaker 1: to play a role here as they go forward in 598 00:35:51,080 --> 00:35:54,239 Speaker 1: in in resolving those issues in this election. And um, 599 00:35:54,320 --> 00:35:57,040 Speaker 1: you know again it just points to your point getting 600 00:35:57,080 --> 00:35:58,840 Speaker 1: that person on the court. If they if they're going 601 00:35:58,880 --> 00:36:00,920 Speaker 1: to participate, they're gonna have to be there by November, 602 00:36:01,520 --> 00:36:04,400 Speaker 1: you know. And and it's it's gonna be fascinating because 603 00:36:04,440 --> 00:36:08,359 Speaker 1: the drama of this, you know, that's gonna play out, 604 00:36:08,480 --> 00:36:12,040 Speaker 1: and it's gonna captivate the nation's attention. I mean, you 605 00:36:12,120 --> 00:36:14,479 Speaker 1: folks know this. I mean, Max, You're gonna be writing 606 00:36:14,480 --> 00:36:16,120 Speaker 1: about it on the Daily Beast of New York Daily 607 00:36:16,160 --> 00:36:18,600 Speaker 1: News and in the Independent. I mean, they're gonna be 608 00:36:19,280 --> 00:36:22,080 Speaker 1: it's gonna be a presidential debate one night, or a 609 00:36:22,200 --> 00:36:27,120 Speaker 1: vice presidential debate by by night, and then a Supreme 610 00:36:27,160 --> 00:36:30,719 Speaker 1: Court confirmation hearing during the day. I mean, we all 611 00:36:30,840 --> 00:36:34,160 Speaker 1: remember the kavan oproceedings. How could you forget where you 612 00:36:34,239 --> 00:36:36,239 Speaker 1: were and how could you forget the drama? How that 613 00:36:36,520 --> 00:36:40,440 Speaker 1: captivated the attention of the of so many people coming up, 614 00:36:40,480 --> 00:36:43,040 Speaker 1: we had to Capitol Hill with Congressman Michael Walts. I'm 615 00:36:43,120 --> 00:36:46,719 Speaker 1: Kevin Cirelli, Chief Washington correspondent fro Bloomberg Television and for 616 00:36:46,880 --> 00:36:50,360 Speaker 1: Bloomberg Radio. You can watch my geo political special twenty 617 00:36:50,440 --> 00:36:54,120 Speaker 1: Year of Crisis Diplomatic Divide, tonight at seven pm East 618 00:36:54,200 --> 00:36:56,839 Speaker 1: or right on Bloomberg Television or wherever you get your 619 00:36:56,840 --> 00:37:01,200 Speaker 1: Bloomberg and it'll be on cross platform stream services as well. 620 00:37:01,320 --> 00:37:04,160 Speaker 1: I'm Kevin Sile, Chief Washington Correspondent, FRO Bloomberg Television from 621 00:37:04,160 --> 00:37:13,239 Speaker 1: Bloomberg Radio. You're listening to Bloomberg. You're listening to Bloomberg. 622 00:37:13,320 --> 00:37:17,400 Speaker 1: Sound On with Kevin Surley on Bloomberg and one oh 623 00:37:17,480 --> 00:37:20,440 Speaker 1: five point seven f m h D two Breaking news, 624 00:37:20,520 --> 00:37:24,160 Speaker 1: Red Headline crossing the Bloomberg terminal. Peter Baker reporting in 625 00:37:24,200 --> 00:37:27,480 Speaker 1: the New York Times. President Trump has selected Judge Amy 626 00:37:27,600 --> 00:37:32,400 Speaker 1: Coney Barrett, the favorite candidate of conservatives, to succeed Justice 627 00:37:32,520 --> 00:37:35,839 Speaker 1: Ruth Bader Ginsburg, and we'll try to force Senate confirmation 628 00:37:35,880 --> 00:37:39,120 Speaker 1: before election day, and a move that would significantly alter 629 00:37:39,280 --> 00:37:43,799 Speaker 1: the ideological makeup of the Supreme Court for years. The 630 00:37:43,840 --> 00:37:46,800 Speaker 1: President has said that he will formally announce that pick 631 00:37:47,320 --> 00:37:51,520 Speaker 1: sometime in the late afternoon on Saturday tomorrow. And just 632 00:37:51,680 --> 00:37:55,640 Speaker 1: as a reminder, we will have continuing special coverage all 633 00:37:55,680 --> 00:38:00,680 Speaker 1: weekend long right here on Bloomberg Radio about that pick, 634 00:38:00,760 --> 00:38:03,080 Speaker 1: and I want to reset here. My name is Kevin Serelli. 635 00:38:03,120 --> 00:38:06,440 Speaker 1: I'm the chief Washington correspondent for Bloomberg Television and form 636 00:38:06,440 --> 00:38:10,560 Speaker 1: Bloomberg Radio. We do have in fact special continuing coverage 637 00:38:10,800 --> 00:38:13,840 Speaker 1: all throughout the weekend, all throughout the coming days on 638 00:38:14,000 --> 00:38:18,439 Speaker 1: the Supreme Court. Earlier today, Ruth Bader Ginsburg, the late 639 00:38:18,480 --> 00:38:22,240 Speaker 1: Supreme Court justice, was late in state, becoming the first 640 00:38:22,280 --> 00:38:26,240 Speaker 1: woman ever to lay in state in the United States capital. 641 00:38:26,680 --> 00:38:29,600 Speaker 1: We should also note that in terms of the upcoming 642 00:38:29,640 --> 00:38:33,560 Speaker 1: calendar what this means Tomorrow President Trump will formally announce 643 00:38:33,600 --> 00:38:35,839 Speaker 1: the pick. The New York Times reporting that he has 644 00:38:35,880 --> 00:38:40,480 Speaker 1: selected Judge Amy Coney Merritt, a favorite amongst Conservatives. As 645 00:38:40,560 --> 00:38:44,600 Speaker 1: early as October eleven or around that time period is 646 00:38:44,600 --> 00:38:48,600 Speaker 1: when the Senate Judiciary Committee will begin having confirmation hearing. 647 00:38:48,680 --> 00:38:53,000 Speaker 1: So the Republican controlled Senate Judiciary Committee hearing the makeup 648 00:38:53,040 --> 00:38:56,680 Speaker 1: of this let, of course, by Senate Majority Leader Mitch McConnell, 649 00:38:57,440 --> 00:39:01,759 Speaker 1: his all but sure, barring any major surprise, that the 650 00:39:01,800 --> 00:39:06,560 Speaker 1: Republican choice will actually be confirmed, because people like Senator 651 00:39:06,600 --> 00:39:08,719 Speaker 1: Mit Romney, a Republican from Utah, have come out and 652 00:39:08,760 --> 00:39:12,000 Speaker 1: said that they are in favor of of of confirmation 653 00:39:12,080 --> 00:39:16,800 Speaker 1: process UH. In the immediate short term, as early as October, 654 00:39:17,640 --> 00:39:20,319 Speaker 1: according to my sources on Capitol Hill, is when there 655 00:39:20,360 --> 00:39:24,560 Speaker 1: could be a vote, a confirmation vote in the Senate, 656 00:39:24,920 --> 00:39:28,560 Speaker 1: and then of course that November three election, it becomes 657 00:39:28,600 --> 00:39:34,319 Speaker 1: increasingly important. Increasingly important one because of the ideological turn 658 00:39:34,360 --> 00:39:37,640 Speaker 1: that the Supreme Court will now UH take should there 659 00:39:37,680 --> 00:39:41,000 Speaker 1: be UH a Republican appointed Supreme Court justice to the 660 00:39:41,040 --> 00:39:45,160 Speaker 1: High Court, but also because of the elections. This could 661 00:39:45,160 --> 00:39:49,040 Speaker 1: have ramifications from electoral turnout. You could also have ramifications 662 00:39:49,160 --> 00:39:52,640 Speaker 1: on a case on the Affordable Care Act, the Obamacare 663 00:39:52,719 --> 00:39:58,960 Speaker 1: case that is scheduled to begin on November ten. And finally, 664 00:39:59,360 --> 00:40:03,720 Speaker 1: perhaps even very important, not ranking stories here or ranking 665 00:40:03,719 --> 00:40:08,200 Speaker 1: issues with the increase in mail in ballots, there could 666 00:40:08,239 --> 00:40:11,759 Speaker 1: be a Supreme Court case that is heard before the 667 00:40:11,840 --> 00:40:15,600 Speaker 1: High Court as a result of all of these increases 668 00:40:16,120 --> 00:40:18,919 Speaker 1: in in UH in mail in ballots. So again red 669 00:40:18,960 --> 00:40:22,200 Speaker 1: headline on the Bloomberg terminal, the President, citing the New 670 00:40:22,239 --> 00:40:26,480 Speaker 1: York Times here, the President has selected Judge Amy Coney Barrett, 671 00:40:26,520 --> 00:40:31,359 Speaker 1: the favorite amongst conservatives, to succeed Justice Ruth Bader Ginsburg. 672 00:40:31,440 --> 00:40:35,480 Speaker 1: I welcome now to the program. My next guest Congressman 673 00:40:35,600 --> 00:40:39,160 Speaker 1: Michael Waltz. He, of course, is a Republican from Florida. 674 00:40:39,200 --> 00:40:44,560 Speaker 1: He represents Florida's sixth Congressional district. Congressman, How will this 675 00:40:44,800 --> 00:40:49,640 Speaker 1: pick impact the Republican movement? Uh? And what does it mean? 676 00:40:49,680 --> 00:40:55,600 Speaker 1: What are the ramifications for this pick? Well? Thanks and 677 00:40:55,640 --> 00:40:57,239 Speaker 1: thanks for having me on. I think it's going to 678 00:40:57,320 --> 00:41:00,680 Speaker 1: have a tremendous impact. Uh. You know, it's a number 679 00:41:00,719 --> 00:41:07,920 Speaker 1: of these issues. Uh that um that Uh, Look, Republicans 680 00:41:08,000 --> 00:41:12,640 Speaker 1: have been talking about four years. As you mentioned, the 681 00:41:12,760 --> 00:41:16,200 Speaker 1: court took a bit of a more liberal turn decades 682 00:41:16,239 --> 00:41:21,120 Speaker 1: ago and over the last several years. Ideologically it's it's 683 00:41:21,120 --> 00:41:24,520 Speaker 1: shifting back. There's many including Senator ron Or Omni that 684 00:41:24,680 --> 00:41:28,560 Speaker 1: argue that America is more of a center right nation. 685 00:41:28,640 --> 00:41:31,560 Speaker 1: And I think now we'll have a court that reflects 686 00:41:31,600 --> 00:41:34,759 Speaker 1: that reflects that kind of ideological turn. I do want 687 00:41:34,760 --> 00:41:37,040 Speaker 1: to say very quickly though, I think you're absolutely right 688 00:41:37,480 --> 00:41:40,160 Speaker 1: that we are likely to see a number of suits 689 00:41:40,200 --> 00:41:43,480 Speaker 1: because of the wide variety of state laws that are 690 00:41:43,480 --> 00:41:47,560 Speaker 1: involved with vote by mail, from cheer periods to when 691 00:41:47,600 --> 00:41:50,520 Speaker 1: the ballots have to be mailed, when they can be received, 692 00:41:50,600 --> 00:41:54,600 Speaker 1: how signatures are matched. I think there are several states Nevada, 693 00:41:54,640 --> 00:41:58,760 Speaker 1: New Jersey, New York, Pennsylvania that are frankly blasting ballots 694 00:41:58,760 --> 00:42:01,600 Speaker 1: out and do not. There are election supervisors are kind 695 00:42:01,600 --> 00:42:05,239 Speaker 1: of freaking out. They don't have the infrastructure that manpower 696 00:42:05,719 --> 00:42:10,400 Speaker 1: the databases to manage that volume of mail. Lawsuits will follow, 697 00:42:10,960 --> 00:42:14,480 Speaker 1: and the makeup the Supreme Court will be extremely significant. 698 00:42:14,960 --> 00:42:17,359 Speaker 1: Uh if the election is settled in the courts as 699 00:42:17,360 --> 00:42:19,960 Speaker 1: it was in two thousand with push versus score. And 700 00:42:20,080 --> 00:42:22,719 Speaker 1: just to reset here, Cornress from Michael Waltz joins us. 701 00:42:22,719 --> 00:42:26,000 Speaker 1: He's a Republican from Florida. And there's breaking news that 702 00:42:26,040 --> 00:42:30,200 Speaker 1: the President intends to nominate Judge Amy Coney Barrett to 703 00:42:30,360 --> 00:42:33,919 Speaker 1: the Supreme Court. He will formally announce that decision uh 704 00:42:33,960 --> 00:42:37,880 Speaker 1: come tomorrow late afternoon. We will have continuing coverage of 705 00:42:37,920 --> 00:42:42,440 Speaker 1: this throughout the weekend on Bloomberg Radio. UM. Judge Amy 706 00:42:42,480 --> 00:42:46,520 Speaker 1: Coney Barrett just too has been a favorite amongst amongst 707 00:42:46,520 --> 00:42:50,480 Speaker 1: conservative uh for for quite some time. She of course 708 00:42:50,600 --> 00:42:54,759 Speaker 1: is a legal uh law professor at Notre Dame University. 709 00:42:55,040 --> 00:42:59,680 Speaker 1: She is a Catholic. She is someone who the president 710 00:42:59,760 --> 00:43:03,799 Speaker 1: has eyed for quite some times. UH and and UH 711 00:43:04,200 --> 00:43:07,880 Speaker 1: had had considered her before naming Justice Kavanaugh. So this 712 00:43:07,960 --> 00:43:12,239 Speaker 1: is someone who the president has has has had um 713 00:43:12,960 --> 00:43:16,440 Speaker 1: a deep history with to some extent during during his 714 00:43:16,520 --> 00:43:18,400 Speaker 1: first term. What effect do you think it has on 715 00:43:18,520 --> 00:43:20,759 Speaker 1: down ballot races and what effect do you think it 716 00:43:20,800 --> 00:43:25,440 Speaker 1: has on the presidential election? Congressman, Well, look, I think 717 00:43:25,480 --> 00:43:28,440 Speaker 1: it's gonna it's it's certainly going to affect turnout on 718 00:43:28,520 --> 00:43:33,000 Speaker 1: both sides, um with with voters who care about these issues, 719 00:43:33,040 --> 00:43:34,759 Speaker 1: many of which will be decided by the court. But 720 00:43:34,840 --> 00:43:38,440 Speaker 1: I think, you know, interestingly, you know what you're gon 721 00:43:38,520 --> 00:43:41,480 Speaker 1: You're gonna see a lot of focus on her religion 722 00:43:41,680 --> 00:43:45,080 Speaker 1: and on her Catholicism. But I think that reflects the 723 00:43:45,080 --> 00:43:49,359 Speaker 1: differences and how liberals and conservatives view these UH justices. 724 00:43:49,840 --> 00:43:53,920 Speaker 1: Right conservatives are very focused on her strict reading of 725 00:43:53,960 --> 00:43:57,919 Speaker 1: the Constitution, her originalist reading of the Constitution. I think 726 00:43:58,000 --> 00:44:00,520 Speaker 1: many on the left will be focused, you know, on 727 00:44:00,760 --> 00:44:05,920 Speaker 1: her religious beliefs, because they believe and and often promote 728 00:44:06,440 --> 00:44:11,040 Speaker 1: UH those whose ideology or broader beliefs than affect their 729 00:44:11,160 --> 00:44:14,480 Speaker 1: um ben affect their their rulings. And I think that 730 00:44:14,520 --> 00:44:17,000 Speaker 1: in and of itself reflects the differences on just how 731 00:44:17,080 --> 00:44:20,960 Speaker 1: both sides look at these uh, look at these justices. 732 00:44:20,960 --> 00:44:22,520 Speaker 1: But I would hope I just want to put out 733 00:44:22,560 --> 00:44:25,640 Speaker 1: there for everyone who focuses on her religion. She was 734 00:44:25,880 --> 00:44:29,359 Speaker 1: very clear U in her last confirmation where she was 735 00:44:29,400 --> 00:44:34,800 Speaker 1: confirmed by the Senate that religious beliefs personal beliefs cannot 736 00:44:34,840 --> 00:44:39,080 Speaker 1: and should not affect a judge's reading of the Constitution. 737 00:44:39,120 --> 00:44:41,680 Speaker 1: And for everyone who focuses on that, I hope They 738 00:44:41,719 --> 00:44:46,560 Speaker 1: also note that Joe Biden, the Democrats presidential candidate, is also, 739 00:44:46,680 --> 00:44:49,680 Speaker 1: in his words, a proud Catholic h And I really 740 00:44:49,719 --> 00:44:51,839 Speaker 1: think that I hope we can lead that out of it, 741 00:44:52,280 --> 00:44:55,160 Speaker 1: uh and really focus on their interpretation of the Constitution, 742 00:44:55,200 --> 00:44:58,600 Speaker 1: because that's what conservatives are excited about. That they she 743 00:44:58,719 --> 00:45:02,439 Speaker 1: tends to take a very narrow, uh and focused interpretation. 744 00:45:02,719 --> 00:45:05,240 Speaker 1: Peter Baker reports in The New York Times that quote, 745 00:45:05,280 --> 00:45:07,760 Speaker 1: as they often do, aids caution that Mr Trump sometimes 746 00:45:07,800 --> 00:45:09,480 Speaker 1: up ends his own plans, but he is not known 747 00:45:09,520 --> 00:45:13,120 Speaker 1: to have interviewed any other candidates for the post end quote. 748 00:45:13,160 --> 00:45:16,240 Speaker 1: So the headlines are flying around now. The President intends 749 00:45:16,280 --> 00:45:21,080 Speaker 1: to nominate Judge Amy Coney Barrett to the to the 750 00:45:21,160 --> 00:45:24,480 Speaker 1: to the Supreme Court. We're gonna have continuing, uh, coverage 751 00:45:24,760 --> 00:45:28,640 Speaker 1: of of that all throughout, all throughout the weekend. And 752 00:45:28,800 --> 00:45:31,279 Speaker 1: you know the Catholicism angle. I'm a Catholic. I mean, 753 00:45:31,320 --> 00:45:34,000 Speaker 1: I don't hide it. I'm a Catholic. Uh, and it's 754 00:45:34,040 --> 00:45:36,800 Speaker 1: it's really interesting. I tend to throw all there. I'm Episcopalium, 755 00:45:36,840 --> 00:45:41,040 Speaker 1: which many people call a Catholic light. Well, I don't 756 00:45:41,040 --> 00:45:43,320 Speaker 1: think there's any right or wrong way to be a Catholic. 757 00:45:43,360 --> 00:45:44,840 Speaker 1: Lord knows if I know that. I mean, but I 758 00:45:44,840 --> 00:45:46,399 Speaker 1: thought the Wall Street Journal they had a front page 759 00:45:46,400 --> 00:45:49,360 Speaker 1: story on it today. I'm just about how Catholicism is 760 00:45:49,480 --> 00:45:52,640 Speaker 1: really injected into this race. You've got a Catholic pick 761 00:45:52,680 --> 00:45:55,720 Speaker 1: for the Supreme Court. Catholics have decided the elections since 762 00:45:55,800 --> 00:45:59,280 Speaker 1: two thousand and four. However, they have predominantly voted. Is 763 00:45:59,880 --> 00:46:03,920 Speaker 1: the way the country has tilted. Biden, the Democratic presidential nominee, 764 00:46:03,960 --> 00:46:07,080 Speaker 1: Joe Biden, as you just mentioned, Congressman is uh, could 765 00:46:07,120 --> 00:46:10,040 Speaker 1: be the second ever Catholic president. I mean, so it's 766 00:46:10,040 --> 00:46:16,200 Speaker 1: it's interesting how our culture still discusses religion. Uh, every 767 00:46:16,239 --> 00:46:21,319 Speaker 1: time these these things, these important decisions come up. All right, 768 00:46:21,600 --> 00:46:23,719 Speaker 1: we're gonna talk more about the Supreme Court coming up, 769 00:46:23,760 --> 00:46:28,280 Speaker 1: but I do want to congratulate Congressman Michael Waltz because, uh, 770 00:46:28,760 --> 00:46:32,239 Speaker 1: you were promoted today to being full colonel in the 771 00:46:32,320 --> 00:46:37,120 Speaker 1: United States Army. Wow. Congratulations Congressman. Um and uh, we're 772 00:46:37,200 --> 00:46:40,439 Speaker 1: grateful that you that you joined us today because you 773 00:46:40,960 --> 00:46:43,799 Speaker 1: also this is when there was the passing of it's 774 00:46:43,800 --> 00:46:48,840 Speaker 1: called sp which is a massive win for the veterans community, uh, 775 00:46:49,000 --> 00:46:51,920 Speaker 1: regarding mental health awareness and so can you just tell us, 776 00:46:52,160 --> 00:46:54,560 Speaker 1: take your time, but tell us about this particular issue 777 00:46:54,600 --> 00:46:58,680 Speaker 1: because mental health is so incredibly important and especially for 778 00:46:59,120 --> 00:47:00,800 Speaker 1: our men and women in the in the military and 779 00:47:00,920 --> 00:47:04,239 Speaker 1: their families. So so justa well thank you, no thank 780 00:47:04,239 --> 00:47:07,000 Speaker 1: you for mention of the of the of the promotion. 781 00:47:07,120 --> 00:47:11,359 Speaker 1: I'm a green Beret Special Forces officer my background, uh 782 00:47:11,400 --> 00:47:13,960 Speaker 1: just just past twenty four years but still serving in 783 00:47:13,960 --> 00:47:18,000 Speaker 1: the National Guard. There are a number of members of 784 00:47:18,040 --> 00:47:22,720 Speaker 1: Congress that still serve in their respective state national Guards. Uh, 785 00:47:22,800 --> 00:47:25,600 Speaker 1: and I'm still serving a mind and just my my 786 00:47:25,680 --> 00:47:28,680 Speaker 1: hats off to the Guard from COVID, the social unrest 787 00:47:28,880 --> 00:47:33,040 Speaker 1: to wildfires and natural disasters that overseas supployment. Uh. They 788 00:47:33,160 --> 00:47:38,239 Speaker 1: really have stepped up in an incredible and difficult on 789 00:47:38,320 --> 00:47:42,520 Speaker 1: the on the this is suicide prevention month. We are 790 00:47:42,520 --> 00:47:48,200 Speaker 1: still losing over twenty veterans per day, per day to suicide, 791 00:47:48,239 --> 00:47:51,880 Speaker 1: despite literally billions being thrown at it. What I like 792 00:47:52,000 --> 00:47:54,759 Speaker 1: about this bill it passed unanimously in the Senate, which 793 00:47:54,840 --> 00:47:57,279 Speaker 1: is very rare these days. As you know, we just 794 00:47:57,360 --> 00:48:00,080 Speaker 1: got it through the House to the President's desk, and 795 00:48:00,120 --> 00:48:04,000 Speaker 1: it pushes dollars down to the community level. We all 796 00:48:04,040 --> 00:48:07,400 Speaker 1: know of a number of great veteran service organizations that 797 00:48:07,440 --> 00:48:10,200 Speaker 1: are right there kind of you know, in the community 798 00:48:10,320 --> 00:48:13,320 Speaker 1: with the veterans have a granular understanding of their needs. 799 00:48:13,360 --> 00:48:17,120 Speaker 1: And you know, I'd rather see money's passing down to 800 00:48:17,280 --> 00:48:20,560 Speaker 1: their level rather than through a complicated bureaucracy. I mean, 801 00:48:20,840 --> 00:48:22,640 Speaker 1: the v A is doing the best it's can, but 802 00:48:22,719 --> 00:48:25,439 Speaker 1: I think we need a balance of both and that's 803 00:48:25,440 --> 00:48:27,680 Speaker 1: what this uh, that's what this bill will do, in 804 00:48:27,760 --> 00:48:31,840 Speaker 1: addition to putting some suicide specialists in our v A clinic, 805 00:48:32,040 --> 00:48:36,000 Speaker 1: because we just absolutely half we cannot sustain our all 806 00:48:36,080 --> 00:48:39,600 Speaker 1: volunteer military, which right now is all over the world 807 00:48:39,680 --> 00:48:43,200 Speaker 1: as we speak, keeping keeping us safe with that type 808 00:48:43,239 --> 00:48:47,279 Speaker 1: of casualty and loss due to mental health. And this 809 00:48:47,320 --> 00:48:49,640 Speaker 1: bill goes after it in a in a different way, 810 00:48:50,160 --> 00:48:51,640 Speaker 1: which is one of the reasons I was a big 811 00:48:51,680 --> 00:48:54,120 Speaker 1: advocate for it, and Congress we just before I let 812 00:48:54,160 --> 00:48:56,399 Speaker 1: you guys just on that particular point. I mean, can 813 00:48:56,440 --> 00:48:59,440 Speaker 1: you just point in perspective for for our audience, just 814 00:48:59,560 --> 00:49:04,640 Speaker 1: how much of an impact, uh, the COVID nineteen pandemic 815 00:49:04,680 --> 00:49:08,560 Speaker 1: has had on the mental health of of of our veterans, 816 00:49:08,560 --> 00:49:13,719 Speaker 1: of their families and and just it's it's devastating. Yeah, 817 00:49:13,960 --> 00:49:18,000 Speaker 1: well it is. And and isolation has always been a 818 00:49:18,000 --> 00:49:21,360 Speaker 1: big problem with mental health issues. And you know, obviously 819 00:49:21,440 --> 00:49:24,279 Speaker 1: the COVID with the various lockdowns and shutdowns, has just 820 00:49:24,360 --> 00:49:28,080 Speaker 1: kind of put that on steroids. Uh. And and truly 821 00:49:28,200 --> 00:49:31,560 Speaker 1: has are our men and women that have done so 822 00:49:31,680 --> 00:49:35,280 Speaker 1: much for us overseas isolated even more so my message 823 00:49:35,280 --> 00:49:38,080 Speaker 1: to all of our veterans out there, uh and and 824 00:49:38,360 --> 00:49:41,080 Speaker 1: everyone out there. You know, in combat, we always check 825 00:49:41,120 --> 00:49:42,920 Speaker 1: on our brothers and sisters to our left and are 826 00:49:43,040 --> 00:49:45,280 Speaker 1: right before we go on a mission. Well, that mission 827 00:49:45,320 --> 00:49:48,200 Speaker 1: isn't done when we come back home. Reach out, take 828 00:49:48,239 --> 00:49:50,960 Speaker 1: a moment, check on someone, even if you haven't talked 829 00:49:50,960 --> 00:49:54,319 Speaker 1: to your battle buddy uh in quite some time, check 830 00:49:54,360 --> 00:49:57,080 Speaker 1: on them now. You never know, and you would hate 831 00:49:57,120 --> 00:50:01,160 Speaker 1: to get some horrible news later. I just talked one 832 00:50:01,160 --> 00:50:03,719 Speaker 1: of my special operators, Green Berets, kind of off the 833 00:50:03,800 --> 00:50:06,239 Speaker 1: ledge just a few weeks ago, and got him the 834 00:50:06,280 --> 00:50:09,560 Speaker 1: help that he needed. And I thank god that that 835 00:50:09,600 --> 00:50:13,040 Speaker 1: we just happened to be in touch. But everybody, we 836 00:50:13,160 --> 00:50:16,160 Speaker 1: the government can't solve everything, and certainly I don't think 837 00:50:16,160 --> 00:50:18,400 Speaker 1: can completely solve this problem. It's going to take us 838 00:50:18,400 --> 00:50:22,560 Speaker 1: as a community, uh, to help each other and then 839 00:50:22,560 --> 00:50:26,120 Speaker 1: to continue to encourage each other to serve, serve your community, 840 00:50:26,120 --> 00:50:30,400 Speaker 1: serve your country, serve your neighbor, coach, teach mentor you 841 00:50:30,440 --> 00:50:33,280 Speaker 1: don't have to keep wearing a uniform to continue to serve. 842 00:50:33,600 --> 00:50:35,920 Speaker 1: And I think you know, we can grow from our 843 00:50:35,960 --> 00:50:39,560 Speaker 1: traumatic experiences. We like to call it. In an organization 844 00:50:39,560 --> 00:50:41,960 Speaker 1: that I'm working with, Mission roll Call likes to call 845 00:50:42,040 --> 00:50:45,200 Speaker 1: it post traumatic growth because sometimes what doesn't kill you 846 00:50:45,239 --> 00:50:48,239 Speaker 1: can make you stronger, uh and and you can learn 847 00:50:48,239 --> 00:50:50,560 Speaker 1: and grow from it rather than be traumatized for it. 848 00:50:50,680 --> 00:50:52,640 Speaker 1: So part of it is thinking and talking about it 849 00:50:52,719 --> 00:50:55,640 Speaker 1: differently as well. Yeah, I just I want to thank 850 00:50:55,640 --> 00:50:57,880 Speaker 1: you for your service. He's Congressman Michael Walatz. He's a 851 00:50:57,920 --> 00:51:02,640 Speaker 1: Republican from Florida's six Congressional district. UH. He is a 852 00:51:02,719 --> 00:51:05,440 Speaker 1: veteran of the war in Afghanistan, UH and of course 853 00:51:05,480 --> 00:51:09,320 Speaker 1: has served in various various different UH posts all throughout 854 00:51:09,360 --> 00:51:13,120 Speaker 1: his career. And on Wednesday, UH he of course saw 855 00:51:13,200 --> 00:51:16,440 Speaker 1: the unanimous passage. It's so incredibly rare, but dare I 856 00:51:16,520 --> 00:51:19,440 Speaker 1: say it gives me optimism and hope. The unanimous passage 857 00:51:19,440 --> 00:51:22,160 Speaker 1: of the Commander John Scott handon Veterans Mental Health Care 858 00:51:22,160 --> 00:51:24,600 Speaker 1: Improvement Act, which is a bill designed to improve the 859 00:51:24,680 --> 00:51:28,600 Speaker 1: veterans access to mental healthcare and to prevent veteran suicide. 860 00:51:28,680 --> 00:51:33,440 Speaker 1: Just as a reminder, folks, September is Suicide Prevention Awareness month. Congressman, 861 00:51:33,440 --> 00:51:36,560 Speaker 1: thank you, sir for your service and for your time. Hey, 862 00:51:36,560 --> 00:51:38,640 Speaker 1: thank you so god, thank you so much. And you know, 863 00:51:38,680 --> 00:51:41,759 Speaker 1: the enemy's bullets don't don't know political party, and when 864 00:51:41,800 --> 00:51:44,439 Speaker 1: it comes to supporting our veterans and military, we shouldn't either. 865 00:51:44,520 --> 00:51:47,480 Speaker 1: And I'm thrilled that we came together on this one. Awesome, 866 00:51:47,520 --> 00:51:49,879 Speaker 1: awesome good stuff. All right, let's reset here. My name 867 00:51:49,920 --> 00:51:52,480 Speaker 1: is Kevin CURRELLI on the chief Washington correspondent for Bloomberg 868 00:51:52,480 --> 00:51:55,640 Speaker 1: Television and form Bloomberg Radio. I want to welcome folks 869 00:51:55,680 --> 00:51:59,480 Speaker 1: just tuning in because there are some red headlines flying 870 00:51:59,520 --> 00:52:03,120 Speaker 1: across the Bloomberg terminal. President Trump has selected Amy Coney 871 00:52:03,320 --> 00:52:07,440 Speaker 1: Barrett to fill Justice Ginsburg's seat on the Supreme Court. 872 00:52:07,600 --> 00:52:12,279 Speaker 1: This according to The New York Time and various other outlets. 873 00:52:12,640 --> 00:52:16,640 Speaker 1: At this particular point, the President is anticipated to formally 874 00:52:16,719 --> 00:52:21,200 Speaker 1: announced that decision of nominating Justice Amy Coney Barrett to 875 00:52:21,280 --> 00:52:25,239 Speaker 1: the Supreme Court tomorrow afternoon. Then it will kick off 876 00:52:25,440 --> 00:52:29,320 Speaker 1: a what is sure to be high stakes, high political 877 00:52:29,400 --> 00:52:35,000 Speaker 1: theater confirmation process in the Republican controlled Senate. Hearings could 878 00:52:35,080 --> 00:52:38,560 Speaker 1: begin as early as October eleven. The vote in the 879 00:52:38,600 --> 00:52:42,400 Speaker 1: Senate could come as early as October, the same week 880 00:52:42,680 --> 00:52:46,839 Speaker 1: as the November three presidential and down ballot elections in 881 00:52:46,920 --> 00:52:51,560 Speaker 1: the United States. Meanwhile, there are already cases scheduled for 882 00:52:51,719 --> 00:52:55,160 Speaker 1: November that could have a massive impact on a range 883 00:52:55,160 --> 00:52:59,399 Speaker 1: of different industries, including healthcare. The Affordable Care Act Obamacare, 884 00:53:00,040 --> 00:53:03,319 Speaker 1: what is sure to be an issue out on the 885 00:53:03,360 --> 00:53:07,920 Speaker 1: campaign trail. November ten is the opening arguments date scheduled 886 00:53:08,160 --> 00:53:12,040 Speaker 1: for that Affordable Care Act ruling. With the increase and 887 00:53:12,120 --> 00:53:16,320 Speaker 1: mail in ballots, there is also a potential that whomever 888 00:53:16,560 --> 00:53:20,600 Speaker 1: is nominated and selected for the Supreme Court could in 889 00:53:20,680 --> 00:53:25,919 Speaker 1: fact participate in a ruling relating to the elections. This 890 00:53:26,040 --> 00:53:31,040 Speaker 1: is a massive ideological shift for the United States Supreme Court. Uh. 891 00:53:31,080 --> 00:53:35,400 Speaker 1: And I want to welcome back to the program our panel, 892 00:53:35,800 --> 00:53:38,799 Speaker 1: which is Frank Massano. He is a partner at brace 893 00:53:38,840 --> 00:53:42,279 Speaker 1: Well's Policy Resolution Group. He has the former press secretary 894 00:53:42,320 --> 00:53:46,920 Speaker 1: to several Republican lawmakers on Capitol Hill, including Indiana Senator 895 00:53:47,040 --> 00:53:50,440 Speaker 1: Richard Lugar and Max Burns, who is a Democratic strategist 896 00:53:50,480 --> 00:53:53,560 Speaker 1: contributor at the Daily Beast and the New York Daily 897 00:53:53,600 --> 00:53:58,120 Speaker 1: News as well as the Independent. Frank. Okay, so here 898 00:53:58,160 --> 00:54:03,120 Speaker 1: we go. It's Amy Coney Barrett and this could significantly 899 00:54:03,320 --> 00:54:08,480 Speaker 1: change the makeup of the Supreme Court. Yeah, for sure. 900 00:54:08,520 --> 00:54:11,520 Speaker 1: You know, Um, the interesting thing about uh, there's a 901 00:54:11,520 --> 00:54:14,359 Speaker 1: couple of interesting things about Coney Coney Brett. Obviously, she's 902 00:54:14,360 --> 00:54:19,480 Speaker 1: in the mold of Scalia. That's gonna please conservatives dramatically. Um. 903 00:54:19,520 --> 00:54:22,800 Speaker 1: You know, Notre Dame Law School on the Seventh Circuit. 904 00:54:23,320 --> 00:54:28,320 Speaker 1: Um has a significant record was considered previously. In fact, 905 00:54:29,320 --> 00:54:33,440 Speaker 1: Kavanaugh was probably the best pick they could make, um, 906 00:54:33,520 --> 00:54:37,479 Speaker 1: the most uh, the most experience pick that they could 907 00:54:37,480 --> 00:54:39,239 Speaker 1: make because of his work on the DC Court of 908 00:54:39,280 --> 00:54:42,640 Speaker 1: Appeals that puts Coney Barrett was right behind him with 909 00:54:42,800 --> 00:54:47,239 Speaker 1: just a few less years experience. So certainly she's qualified. 910 00:54:47,520 --> 00:54:53,000 Speaker 1: Certainly she um will politically probably help him as both 911 00:54:53,080 --> 00:54:56,520 Speaker 1: as they rally conservatives and rally Republicans for the one 912 00:54:56,560 --> 00:54:59,279 Speaker 1: thing that they tend to agree with President Trump on 913 00:54:59,800 --> 00:55:04,000 Speaker 1: the matter who you are, and uh, you know, certainly, Um, 914 00:55:04,040 --> 00:55:06,720 Speaker 1: I think probably he's thinking and I think he's probably 915 00:55:06,800 --> 00:55:10,719 Speaker 1: right that this will help him immensely with those Republicans, 916 00:55:10,760 --> 00:55:15,200 Speaker 1: suburban women who have somewhat been concerned about him, who 917 00:55:15,200 --> 00:55:18,040 Speaker 1: who you know, who see an appointment like this and 918 00:55:18,440 --> 00:55:23,799 Speaker 1: think that it will probably be helpful. Max come in here. Yeah. 919 00:55:23,840 --> 00:55:27,320 Speaker 1: I think it's definitely Amy Coney Barrett has and it 920 00:55:27,400 --> 00:55:30,560 Speaker 1: sends something that Donald Trump values most of all, which 921 00:55:30,600 --> 00:55:36,279 Speaker 1: is this unapologetic conservatism that she's willing to deploy in 922 00:55:36,440 --> 00:55:39,839 Speaker 1: public and be very and stand behind. And I think 923 00:55:39,920 --> 00:55:43,040 Speaker 1: after the Kavanoff fight, Trump is certainly looking for someone 924 00:55:43,400 --> 00:55:46,279 Speaker 1: who's not going to allow Democrats to get the first 925 00:55:46,280 --> 00:55:48,239 Speaker 1: punch in. And I think we're seeing that already in 926 00:55:48,280 --> 00:55:53,319 Speaker 1: the way that that this pre nomination uh chatter from 927 00:55:53,360 --> 00:55:57,520 Speaker 1: Republicans has been UH, they're attacking her faith, they're attacking 928 00:55:57,560 --> 00:56:00,440 Speaker 1: her for being a woman that's pro life, and you're 929 00:56:00,480 --> 00:56:03,720 Speaker 1: seeing a real full court plass that didn't really happen 930 00:56:03,760 --> 00:56:06,919 Speaker 1: with the same vigor with Brett Kavanaugh. Well, and and 931 00:56:06,920 --> 00:56:09,520 Speaker 1: and and just the dynamics. So you've got the the 932 00:56:09,520 --> 00:56:14,680 Speaker 1: immediate short term political UH ramifications of what this will 933 00:56:15,440 --> 00:56:19,400 Speaker 1: mean for the Senate races, for the House races. Obviously 934 00:56:19,480 --> 00:56:22,160 Speaker 1: for the presidential election. We're just days away from the 935 00:56:22,239 --> 00:56:29,120 Speaker 1: first presidential debate in UH in Cleveland on Tuesday, No 936 00:56:29,280 --> 00:56:32,759 Speaker 1: doubt this will come up then. UH. It also has 937 00:56:33,120 --> 00:56:39,840 Speaker 1: significant significant ramifications for the country beyond the next four, eight, 938 00:56:39,960 --> 00:56:43,920 Speaker 1: twelve years. UH. Amy Coney Barrett will likely serve on 939 00:56:44,000 --> 00:56:47,960 Speaker 1: the Court should she be confirmed, for decades to come. 940 00:56:48,360 --> 00:56:52,279 Speaker 1: And again now Bloomberg matching those reports and Bloomberg now 941 00:56:52,320 --> 00:56:56,040 Speaker 1: can officially report that President Trump plans to name Barretts 942 00:56:56,040 --> 00:56:59,800 Speaker 1: to replace Ginsburg on the High Court. Jennifer Jacob, Jordan Fabian, 943 00:56:59,880 --> 00:57:02,200 Speaker 1: and josh Win Grove reporting President Donald Trump has told 944 00:57:02,239 --> 00:57:05,839 Speaker 1: associates he'll nominate Judge Amy Coney Barrett to replace Ruth 945 00:57:05,920 --> 00:57:10,680 Speaker 1: Bader Ginsburg on the Supreme Court. According to people familiar 946 00:57:10,719 --> 00:57:13,920 Speaker 1: with the matter, a move that could cement conservative control 947 00:57:13,960 --> 00:57:17,920 Speaker 1: of the judiciary just weeks before election day. If confirmed 948 00:57:17,920 --> 00:57:20,640 Speaker 1: by the Senate, Barrett, who was forty eight years old, 949 00:57:20,640 --> 00:57:24,040 Speaker 1: would become the third justice appointed to the nine member 950 00:57:24,120 --> 00:57:27,439 Speaker 1: High Court by President Trump. She is an Indiana base 951 00:57:27,520 --> 00:57:30,560 Speaker 1: Federal Appeals Court judge, and she is known to be 952 00:57:30,600 --> 00:57:35,080 Speaker 1: a devout Catholic with fervent anti abortion views. President Trump 953 00:57:35,120 --> 00:57:38,560 Speaker 1: plans to announce Barrett's nomination at a White House ceremony 954 00:57:38,640 --> 00:57:41,560 Speaker 1: on Saturday, though he could yet change his mind. The 955 00:57:41,560 --> 00:57:44,480 Speaker 1: people caution the bitter clash will follow in the Senate, 956 00:57:44,720 --> 00:57:47,960 Speaker 1: where Republicans have vowed to use their majority to rapidly 957 00:57:48,080 --> 00:57:53,120 Speaker 1: push through a confirmation vote before the November three election. 958 00:57:53,280 --> 00:57:57,360 Speaker 1: Again breaking news, President Donald Trump has told associates he 959 00:57:57,400 --> 00:58:01,960 Speaker 1: will nominate Judge Amy Coney Barrett UH to replace Ruth 960 00:58:02,000 --> 00:58:05,640 Speaker 1: Bader Ginsburg on the Supreme Court. My colleagues are reporting 961 00:58:06,000 --> 00:58:09,240 Speaker 1: Uh this, according to people familiar with the matter, a 962 00:58:09,320 --> 00:58:14,680 Speaker 1: move that will no doubt have implications starting immediately, starting now, 963 00:58:15,400 --> 00:58:18,600 Speaker 1: starting this weekend, in terms of where the candidates campaign, 964 00:58:18,600 --> 00:58:22,959 Speaker 1: in terms of where senators campaign. You look at the math, Uh, 965 00:58:23,000 --> 00:58:27,320 Speaker 1: Frank you look at the math Frank on the on 966 00:58:27,400 --> 00:58:30,000 Speaker 1: the Senate electoral map, you look at someone like the 967 00:58:30,080 --> 00:58:33,440 Speaker 1: Judiciary Committee chairman, uh, you look at you look at 968 00:58:33,480 --> 00:58:37,200 Speaker 1: Senator Lindsey Graham, a Republican from South Carolina who's in 969 00:58:37,280 --> 00:58:40,520 Speaker 1: the neck and neck race fight for his political life 970 00:58:41,200 --> 00:58:47,000 Speaker 1: in South Carolina. I mean, this is incredibly unprecedented. I'm 971 00:58:47,040 --> 00:58:49,960 Speaker 1: not one to believe that, um, that Lindsey Graham is 972 00:58:50,040 --> 00:58:52,880 Speaker 1: really in that much trouble. Um. You know, I think 973 00:58:52,920 --> 00:58:55,720 Speaker 1: that's a lot of banter back and forth and fundraising 974 00:58:55,800 --> 00:58:58,800 Speaker 1: by him and others. You know, I I do think 975 00:58:58,840 --> 00:59:01,880 Speaker 1: that this is a challenge for him. Now he's a 976 00:59:01,920 --> 00:59:04,720 Speaker 1: target of the Lincoln Project. Um. You know those are 977 00:59:04,760 --> 00:59:08,400 Speaker 1: those are they feel like they probably already have Collins 978 00:59:08,400 --> 00:59:11,480 Speaker 1: and Gardner and McSally, so now they're turning their focus 979 00:59:11,520 --> 00:59:14,560 Speaker 1: politically onto people like Graham where they which are more 980 00:59:14,600 --> 00:59:17,160 Speaker 1: of a stretch goal for them. But you know, I 981 00:59:16,880 --> 00:59:20,680 Speaker 1: I think this hurts places like Texas, This hurts places 982 00:59:20,720 --> 00:59:24,120 Speaker 1: like South Carolina because people are gonna uh and traditionally 983 00:59:24,480 --> 00:59:27,320 Speaker 1: people they were hoping people wouldn't go back into their corners. 984 00:59:27,680 --> 00:59:30,919 Speaker 1: I think this this tends to politically push people back 985 00:59:30,920 --> 00:59:33,840 Speaker 1: into their corners. This is the last thing that probably 986 00:59:33,880 --> 00:59:37,120 Speaker 1: we're gonna remember. Let's hope, you know, who knows what's 987 00:59:37,120 --> 00:59:40,360 Speaker 1: gonna happen with the politics we have nowadays, but remember 988 00:59:40,520 --> 00:59:42,760 Speaker 1: this is going to push people back into their corners. 989 00:59:43,200 --> 00:59:46,320 Speaker 1: Um and I do think you know again where where 990 00:59:46,400 --> 00:59:49,000 Speaker 1: a lot of Republicans may have had concerns. This is 991 00:59:49,040 --> 00:59:51,880 Speaker 1: the last thing they're gonna remember that Trump has done, 992 00:59:51,880 --> 00:59:53,840 Speaker 1: and it's the probably the one of the most important 993 00:59:53,840 --> 00:59:57,240 Speaker 1: things they support, or one other thing. I would go 994 00:59:57,680 --> 00:59:59,720 Speaker 1: there because I'm out of time, but Frank Max, thank 995 00:59:59,760 --> 01:00:02,280 Speaker 1: you again. Just breaking news. President Donald Trump has told 996 01:00:02,320 --> 01:00:06,320 Speaker 1: associates he will nominate Judge Amy Coney Barrett to replace 997 01:00:06,840 --> 01:00:09,680 Speaker 1: Ruth Bader Ginsburg on the Supreme Court. We'll have continuing 998 01:00:09,720 --> 01:00:12,160 Speaker 1: cover John Bloomberg radio and television all throughout the weekend. 999 01:00:12,320 --> 01:00:14,200 Speaker 1: I'm Kevin CURRELLI you're listening to Bloomberg.