1 00:00:00,840 --> 00:00:03,560 Speaker 1: Why from our nation's came this budget thing is going 2 00:00:03,600 --> 00:00:06,040 Speaker 1: to do nothing? Space Forts. I still think it's interesting 3 00:00:06,080 --> 00:00:09,400 Speaker 1: President Trump not playing his cards yet. Headlines Policy and 4 00:00:09,560 --> 00:00:15,480 Speaker 1: Politics Colliding Floomberg Sound On, The Insiders, the Influencers, the insides. 5 00:00:15,600 --> 00:00:17,840 Speaker 1: I would rather see a congressional solution. It's part of 6 00:00:17,840 --> 00:00:21,000 Speaker 1: my DNA. The Senate map in looks a lot different 7 00:00:21,040 --> 00:00:23,840 Speaker 1: than it looked in. You really have a divide within 8 00:00:24,040 --> 00:00:26,599 Speaker 1: Team Trump. The president has to do exactly what people 9 00:00:26,600 --> 00:00:28,360 Speaker 1: send him here to do, which is to get it done. 10 00:00:28,760 --> 00:00:33,280 Speaker 1: This is Bloomberg. Sound On with Heaven Shirley on Bloomberg 11 00:00:34,520 --> 00:00:38,000 Speaker 1: and one oh five point seven h D two Happy 12 00:00:38,000 --> 00:00:42,000 Speaker 1: Columbus Day, Folks us to sanction Turkey after President Trump 13 00:00:42,040 --> 00:00:46,080 Speaker 1: opens way for move in Syria. The latest with regards 14 00:00:46,120 --> 00:00:50,879 Speaker 1: to the quickly evolving situation overseas, Plus Joe Biden. Just 15 00:00:51,120 --> 00:00:54,040 Speaker 1: less than twenty four hours, about twenty four hours before 16 00:00:54,080 --> 00:00:57,840 Speaker 1: the next Democratic presidential debate, the Biden campaign says Hunter 17 00:00:57,920 --> 00:01:01,960 Speaker 1: Biden is stepping down from boards. Plus he spoke out 18 00:01:01,960 --> 00:01:04,760 Speaker 1: to ABC News. What does Hunter Biden say about the 19 00:01:04,800 --> 00:01:08,360 Speaker 1: new scrutiny on his conflict of interest? All of that, 20 00:01:08,440 --> 00:01:13,080 Speaker 1: plus the latest on a looming potential trade deal with China, 21 00:01:13,200 --> 00:01:16,160 Speaker 1: All Star panel to walk us through, Kevin Walling, democratic 22 00:01:16,200 --> 00:01:19,880 Speaker 1: strategist at h G Creative Media, and Jack Kingston, former 23 00:01:19,920 --> 00:01:24,920 Speaker 1: Georgia congressman and Trump campaign surrogate. Buckle up, folks, a 24 00:01:24,959 --> 00:01:28,080 Speaker 1: busy Columbus Day weekend. But first, let's start with impeachment 25 00:01:28,200 --> 00:01:31,800 Speaker 1: and Hunter Biden. Because Hunter Biden sat down for an 26 00:01:31,800 --> 00:01:35,560 Speaker 1: exclusive interview with ABC News. They're gonna roll it out tomorrow, 27 00:01:36,160 --> 00:01:41,280 Speaker 1: but already former Vice President Joe Biden speaking in Iowa 28 00:01:41,440 --> 00:01:46,039 Speaker 1: on Sunday with regards to what his son, Hunter Biden 29 00:01:46,080 --> 00:01:48,920 Speaker 1: decided to do, which was to step down from the 30 00:01:49,000 --> 00:01:53,120 Speaker 1: board of a Chinese private equity fund. Now, the Biden 31 00:01:53,120 --> 00:01:56,800 Speaker 1: campaign in uh Can always says that there was no 32 00:01:56,840 --> 00:01:59,760 Speaker 1: evidence of wrong doing, nothing illegal with regards to the 33 00:02:00,000 --> 00:02:04,160 Speaker 1: cential conflict of interests between Hunter Biden and his father 34 00:02:04,600 --> 00:02:07,000 Speaker 1: when he was serving as Vice president. He had already 35 00:02:07,040 --> 00:02:12,160 Speaker 1: stepped down from Boris Maholdings. Remember that Ukrainian energy company 36 00:02:12,200 --> 00:02:14,560 Speaker 1: that has gotten well the White House and a bunch 37 00:02:14,560 --> 00:02:18,680 Speaker 1: of trouble and having subpoenas issued. And now on the 38 00:02:18,800 --> 00:02:22,840 Speaker 1: eve of the Democratic presidential debate, Biden World is making 39 00:02:22,880 --> 00:02:25,360 Speaker 1: moves with regards to Hunter. So, I want to play 40 00:02:25,400 --> 00:02:29,800 Speaker 1: for you, Kevin Walling, Democratic Strategists, Biden World Insider, I 41 00:02:29,840 --> 00:02:32,720 Speaker 1: want to play for you what Joe Biden said over 42 00:02:32,760 --> 00:02:37,080 Speaker 1: the weekend in Iowa talking about his family here, he 43 00:02:37,200 --> 00:02:41,880 Speaker 1: is no one in my family we'll have an office 44 00:02:41,960 --> 00:02:45,000 Speaker 1: in the White House. Well, in fact, have any business 45 00:02:45,080 --> 00:02:49,359 Speaker 1: relationship with anyone that reliant relates to a foreign corporation 46 00:02:49,639 --> 00:02:53,359 Speaker 1: or a foreign country. Kevin, what took Joe Biden so 47 00:02:53,440 --> 00:02:55,400 Speaker 1: long to do this and why didn't he do it 48 00:02:55,600 --> 00:02:58,880 Speaker 1: when he was vice president. It's a good question, Kevin. 49 00:02:58,919 --> 00:03:01,119 Speaker 1: You know, I'm happy that the Biden campaign is doing 50 00:03:01,160 --> 00:03:04,240 Speaker 1: this now. I am hopeful that the Trump campaign will 51 00:03:04,280 --> 00:03:07,040 Speaker 1: fall suit. And and uh and agree that none of 52 00:03:07,040 --> 00:03:09,919 Speaker 1: the Trump children will sit on foreign boards as they 53 00:03:09,919 --> 00:03:14,080 Speaker 1: do currently with their president in office. Uh so they said, 54 00:03:14,080 --> 00:03:16,080 Speaker 1: they said on the Trump organization they don't sit on 55 00:03:16,120 --> 00:03:19,480 Speaker 1: foreign boards, but foreign Uh individuals sit on their boards 56 00:03:19,480 --> 00:03:23,880 Speaker 1: and interact with them constantly. Happens overseas and a number 57 00:03:23,919 --> 00:03:28,840 Speaker 1: of countries they've been criticized for having. But I just 58 00:03:28,880 --> 00:03:31,440 Speaker 1: wanted to make sure that they're not They're technically not 59 00:03:31,560 --> 00:03:34,560 Speaker 1: on the board of a foreign company. So and again, 60 00:03:34,600 --> 00:03:36,600 Speaker 1: I think, you know, the Vice president is seeing a 61 00:03:36,880 --> 00:03:38,800 Speaker 1: dip in his pulse. He's losing a lot of ground 62 00:03:38,800 --> 00:03:41,600 Speaker 1: to Elizabeth Horn heading into tomorrow night's debate, and they 63 00:03:41,640 --> 00:03:44,320 Speaker 1: have to recalibrate. They have to take this on front 64 00:03:44,320 --> 00:03:46,760 Speaker 1: and center. I'm grateful to Hunter Biden because we wouldn't 65 00:03:46,760 --> 00:03:50,120 Speaker 1: have this impeachment drama without him. Right If the President didn't, 66 00:03:50,240 --> 00:03:53,320 Speaker 1: you know, uh, corrupt his office in pursuit of this 67 00:03:53,440 --> 00:03:57,280 Speaker 1: kind of dirt overseas in exchange for potentially military funding 68 00:03:57,560 --> 00:04:00,360 Speaker 1: over Hunter Biden, we wouldn't have this crisis going on 69 00:04:00,480 --> 00:04:02,680 Speaker 1: right now. We're gonna get to impeachment in a second. 70 00:04:02,720 --> 00:04:07,520 Speaker 1: But Jack Kingston Trump campaign surrogate, former congressman from Georgia, 71 00:04:08,160 --> 00:04:09,840 Speaker 1: let me ask you this question, and Chuck Todd on 72 00:04:09,920 --> 00:04:14,240 Speaker 1: him NBC's Meet the Press yesterday insinuated at this and 73 00:04:14,280 --> 00:04:17,240 Speaker 1: I was struck by it. He said to a Republican 74 00:04:17,279 --> 00:04:20,000 Speaker 1: lawmaker and blanket on the name, but he essentially said, 75 00:04:20,839 --> 00:04:23,200 Speaker 1: is Trump to Peggy Union? Actually it wasn't even a 76 00:04:23,240 --> 00:04:26,920 Speaker 1: low maker. He said, is Trump World? Is President Trump? 77 00:04:27,320 --> 00:04:31,600 Speaker 1: The right critic to insinuate to Hunter Biden, as Kevin 78 00:04:31,600 --> 00:04:34,640 Speaker 1: Walling just alluded to, is having a conflict of interest 79 00:04:34,720 --> 00:04:39,120 Speaker 1: when you could raise questions about his family, Well, do 80 00:04:39,120 --> 00:04:42,039 Speaker 1: you understand what I'm saying that I understand that, But 81 00:04:42,200 --> 00:04:47,240 Speaker 1: the Trump family have been in international business for decades, 82 00:04:47,520 --> 00:04:51,279 Speaker 1: and his children actually have an expertise in the country 83 00:04:51,320 --> 00:04:55,800 Speaker 1: in which the Trump operations are. UM. They they came 84 00:04:55,839 --> 00:04:59,320 Speaker 1: into the White House as billionaires. They're not seeking to 85 00:04:59,400 --> 00:05:02,320 Speaker 1: leverage the asked tomate their money. I think the big 86 00:05:02,360 --> 00:05:07,480 Speaker 1: thing is, and I believe everybody understands that when children 87 00:05:07,520 --> 00:05:12,080 Speaker 1: and family members of powerful people get jobs, um, particularly 88 00:05:12,120 --> 00:05:14,920 Speaker 1: in areas where they don't have any expertise. Hunter Biden 89 00:05:14,920 --> 00:05:16,920 Speaker 1: did not know anything about oil and gas, didn't know 90 00:05:16,960 --> 00:05:21,679 Speaker 1: anything about ukrain certainly didn't speak Chinese. UM, he leveraged 91 00:05:21,720 --> 00:05:24,880 Speaker 1: his dad's position, There's no question about that. Now, did 92 00:05:24,920 --> 00:05:27,200 Speaker 1: he do anything illegal when he was in that position, 93 00:05:27,520 --> 00:05:32,560 Speaker 1: We don't know. And it's what's interesting Kevin Walling. But 94 00:05:32,800 --> 00:05:35,760 Speaker 1: what's interesting is this notion and and and especially for 95 00:05:35,839 --> 00:05:39,200 Speaker 1: Bloomberg's audience, I think this is fascinating and it really 96 00:05:39,440 --> 00:05:42,760 Speaker 1: is I think indicative of a larger cultural question here, 97 00:05:43,080 --> 00:05:48,160 Speaker 1: which is the children of public servants and the children 98 00:05:48,200 --> 00:05:54,320 Speaker 1: of private sector citizens have influential politicians and influential business 99 00:05:54,360 --> 00:05:58,720 Speaker 1: leaders have have very different standards, so to speak, than 100 00:05:58,760 --> 00:06:01,800 Speaker 1: the rest of us. Well, sure they do. And and again, 101 00:06:01,839 --> 00:06:03,800 Speaker 1: I think it's an important conversation to have. You know, 102 00:06:03,880 --> 00:06:06,240 Speaker 1: Jack and I were on your program not too long ago, 103 00:06:06,400 --> 00:06:08,440 Speaker 1: Kevin where I where I said? You know, there's no 104 00:06:08,520 --> 00:06:10,800 Speaker 1: question that Hunter had this position because he was the 105 00:06:10,839 --> 00:06:13,599 Speaker 1: vice president's son. Jack makes a good point. Now, he 106 00:06:13,680 --> 00:06:15,600 Speaker 1: did serve on the board of a track, he did 107 00:06:15,640 --> 00:06:17,880 Speaker 1: run our World Food Program for a number of years. 108 00:06:18,080 --> 00:06:19,960 Speaker 1: So and he was the son of the chairman and 109 00:06:20,000 --> 00:06:22,279 Speaker 1: the Foreign Relations Committee the United States Senate for a 110 00:06:22,320 --> 00:06:26,800 Speaker 1: long time, having entree into these experiences that the five 111 00:06:26,880 --> 00:06:28,840 Speaker 1: of four of us in this room probably didn't have 112 00:06:28,880 --> 00:06:33,919 Speaker 1: growing up his children. But again, but would he have 113 00:06:33,960 --> 00:06:38,280 Speaker 1: this position the vice president's son, No, no question, And 114 00:06:38,400 --> 00:06:40,800 Speaker 1: is he doing the right thing? Ask a better question? Absolutely, 115 00:06:40,880 --> 00:06:42,960 Speaker 1: Let me ask a better question as a journalist. All right, 116 00:06:42,960 --> 00:06:45,719 Speaker 1: I'm heading to I'm heading to Ohio, the all important 117 00:06:45,760 --> 00:06:48,920 Speaker 1: Ohio tomorrow. I had tonight for tomorrow's debate. We're gonna 118 00:06:48,960 --> 00:06:52,960 Speaker 1: have special coverage cross cross platform Bloomberg Television, Bloomberg Radio. 119 00:06:53,200 --> 00:06:57,080 Speaker 1: Are we going to hear other candidates? Kevin Walling raised 120 00:06:57,160 --> 00:07:01,840 Speaker 1: questions about Joe Biden's relationship uh and conflicts of interest. 121 00:07:02,279 --> 00:07:04,960 Speaker 1: I don't believe so. I don't think they have figured 122 00:07:04,960 --> 00:07:07,719 Speaker 1: out the calculation that that makes sense. The best way 123 00:07:07,760 --> 00:07:10,520 Speaker 1: to rent win over potential folks from Joe Biden's camp 124 00:07:10,560 --> 00:07:13,480 Speaker 1: is not to attack the vice president. Uh. You know, 125 00:07:13,560 --> 00:07:16,920 Speaker 1: you've seen countless uh folks running right now that have 126 00:07:17,000 --> 00:07:19,560 Speaker 1: come actually to his events. You saw Beto the former 127 00:07:19,600 --> 00:07:22,480 Speaker 1: member of Congress, actually defending him. Corey Booker, who has 128 00:07:22,480 --> 00:07:25,640 Speaker 1: been critical on positions of race, for example, coming to 129 00:07:25,680 --> 00:07:27,760 Speaker 1: his defense saying that there's no more honorable man that 130 00:07:27,920 --> 00:07:30,679 Speaker 1: he knows. Same with Mayor Pete Buddha Judge in defense 131 00:07:30,680 --> 00:07:32,520 Speaker 1: of the vice president. I think they've made all the 132 00:07:32,560 --> 00:07:35,640 Speaker 1: calculations in the world that attacking the front runner right now, 133 00:07:35,760 --> 00:07:37,920 Speaker 1: arguably the front runner with Center Warren, is not a 134 00:07:37,920 --> 00:07:41,560 Speaker 1: winning strategy for bringing folks to their side. Jack Kingston, 135 00:07:41,640 --> 00:07:44,520 Speaker 1: I mean, I'm watching these Democrats, well, I mean and 136 00:07:44,560 --> 00:07:47,800 Speaker 1: go into these debates, and I've covered those Republicans member 137 00:07:47,840 --> 00:07:50,280 Speaker 1: the last cycle there was a trillion Republicans that felt 138 00:07:50,280 --> 00:07:52,320 Speaker 1: like running for president. They know how to take the 139 00:07:52,360 --> 00:07:55,480 Speaker 1: gloves off. What's what, what's what's taking the Democrats so 140 00:07:55,560 --> 00:07:58,480 Speaker 1: long to to raise an issue that you know, independent 141 00:07:58,560 --> 00:08:01,760 Speaker 1: voters in Pennsylvania where from are trying to sort through. 142 00:08:01,760 --> 00:08:04,640 Speaker 1: They're trying to sort through what Hunter Biden means. They're 143 00:08:04,680 --> 00:08:07,000 Speaker 1: trying to sort through all of it. Why aren't the 144 00:08:07,120 --> 00:08:09,600 Speaker 1: left bringing this up? Ject? You know, I think that 145 00:08:09,640 --> 00:08:12,640 Speaker 1: the lower tier candidates will bring it up. I think 146 00:08:12,640 --> 00:08:16,160 Speaker 1: that they have an opportunity to distinguish themselves, um maybe 147 00:08:16,200 --> 00:08:19,840 Speaker 1: on an ethical value level, and say, hey, this is 148 00:08:19,880 --> 00:08:22,440 Speaker 1: something that we're all against, we all should be standing 149 00:08:22,480 --> 00:08:26,000 Speaker 1: out against. I don't see Warren doing it necessarily. I 150 00:08:26,040 --> 00:08:28,320 Speaker 1: think Kevin's right. It's a little bit risky to try 151 00:08:28,360 --> 00:08:30,880 Speaker 1: to um hit him when he's down and I think 152 00:08:30,920 --> 00:08:34,600 Speaker 1: he's descending. And unless he says something really brilliant, are 153 00:08:34,679 --> 00:08:38,120 Speaker 1: more likely somebody else says something really stupid in the debate. 154 00:08:38,440 --> 00:08:41,280 Speaker 1: Then I think Biden. I don't want to say he's toast, 155 00:08:41,320 --> 00:08:43,959 Speaker 1: but I just think he's gonna have a long, hard 156 00:08:44,040 --> 00:08:47,080 Speaker 1: struggle back and his fundraising is gonna start showing it 157 00:08:47,160 --> 00:08:49,720 Speaker 1: along with the Poland numbers. But but I will say 158 00:08:49,760 --> 00:08:53,280 Speaker 1: this that the the unifying factor of the Democrat candidates 159 00:08:53,520 --> 00:08:56,480 Speaker 1: is two things. Number One, they really, really want the 160 00:08:56,480 --> 00:09:00,760 Speaker 1: White House number two. They um hate Donald Trump, and 161 00:09:00,840 --> 00:09:04,760 Speaker 1: so win ability is still a very high value for 162 00:09:04,800 --> 00:09:08,079 Speaker 1: all of them and a unifying value whether you're your 163 00:09:08,120 --> 00:09:12,480 Speaker 1: Buddal Edge or Corey Booker or um, Tim Ryan. Um. 164 00:09:12,760 --> 00:09:16,280 Speaker 1: You know, the probably will never break two digits when 165 00:09:16,280 --> 00:09:18,640 Speaker 1: it comes to Poland, but they still want to be 166 00:09:18,840 --> 00:09:21,840 Speaker 1: part of the victorious team that takes the White House. 167 00:09:22,200 --> 00:09:25,200 Speaker 1: Candidates do you believe twelve candidates on that stage tomorrow 168 00:09:25,400 --> 00:09:28,640 Speaker 1: getting up? I was just some Democratic strategists earlier this afternoon, 169 00:09:28,679 --> 00:09:32,000 Speaker 1: and I'm not gonna name him, but what they said was, seriously, 170 00:09:32,480 --> 00:09:35,120 Speaker 1: the gnats are on tomorrow night. Panel stays we're gonna 171 00:09:35,120 --> 00:09:38,800 Speaker 1: talk more policy and politics coming up with our panel, 172 00:09:38,960 --> 00:09:42,120 Speaker 1: Kevin Walling, Jack Kingston, and yes, I'll be covering the debate. 173 00:09:42,120 --> 00:09:44,800 Speaker 1: We're not watching the Nets tomorrow night. We're gonna be 174 00:09:44,880 --> 00:09:47,400 Speaker 1: in Ohio and we have gratitude to cover that debate. 175 00:09:47,400 --> 00:09:50,360 Speaker 1: Download the Bloomberg Sound On podcast on Apple iTunes, at 176 00:09:50,400 --> 00:09:53,120 Speaker 1: Bloomberg dot com, or by downloading the Bloomberg Business app. 177 00:09:53,160 --> 00:09:55,360 Speaker 1: You can also find us on Radio dot com, I 178 00:09:55,480 --> 00:09:58,400 Speaker 1: Heart Radio, and Spotify. I'm Kevin s Really My Eagles 179 00:09:58,440 --> 00:10:01,720 Speaker 1: just blew it you've Redskins fan, finally gotta win. You're 180 00:10:01,760 --> 00:10:09,520 Speaker 1: listening to Bloomberg. You're listening to Bloomberg. Sound on with 181 00:10:09,600 --> 00:10:13,720 Speaker 1: Kevin Surley on Bloomberg and one on five point seven 182 00:10:13,760 --> 00:10:17,040 Speaker 1: f M h D two. I'm Kevin Sireley, Chief Washington 183 00:10:17,040 --> 00:10:21,520 Speaker 1: correspondent for Bloomberg Television, Bloomberg Radio. Go Nats, Go Nats. Right, 184 00:10:21,640 --> 00:10:25,000 Speaker 1: We're all Nats fans, now, Uh with me? Are two 185 00:10:25,120 --> 00:10:28,080 Speaker 1: Nats fans? I'm assuming Kevin Walling, Democratic strategist at HD 186 00:10:28,160 --> 00:10:30,360 Speaker 1: Creative Me. Are you a Nats fan? Keev Yeah, of course, 187 00:10:30,640 --> 00:10:36,320 Speaker 1: of course, of course, for you can staying with he 188 00:10:36,400 --> 00:10:40,160 Speaker 1: was our big guy. I gotta tell you I'm a 189 00:10:40,200 --> 00:10:43,320 Speaker 1: Braves fan, and he's gotta be. When you know, when 190 00:10:43,320 --> 00:10:44,800 Speaker 1: I when I was a kid, I had a kin 191 00:10:44,920 --> 00:10:48,480 Speaker 1: boy or signature glove the third baseman for the Cardinals 192 00:10:48,480 --> 00:10:50,440 Speaker 1: when they beat the Yankees. And so I have a 193 00:10:50,480 --> 00:10:53,600 Speaker 1: soft spot for the Cars. And Adam Wainewright was a constituent. 194 00:10:53,679 --> 00:11:00,800 Speaker 1: So Adam and furthermore, the Nats are in the belt Way, 195 00:11:00,920 --> 00:11:05,439 Speaker 1: Jack for whoever you want to be for fascinated by 196 00:11:05,520 --> 00:11:09,839 Speaker 1: this because now that that uh sports players, athletes is 197 00:11:09,880 --> 00:11:14,120 Speaker 1: the word that athletes are increasingly more involved in politics, 198 00:11:14,160 --> 00:11:16,600 Speaker 1: but even those who aren't. Is it awkward if you 199 00:11:16,640 --> 00:11:19,439 Speaker 1: ever meet like a player on a team and you're 200 00:11:19,440 --> 00:11:22,240 Speaker 1: a lawmaker and they oppose well, you know what I mean. 201 00:11:22,320 --> 00:11:25,320 Speaker 1: I would say they're against um Trump and they love 202 00:11:25,360 --> 00:11:29,760 Speaker 1: talking about America, but apparently China is off limits. And UM. 203 00:11:30,880 --> 00:11:35,880 Speaker 1: The sad thing that the yeah, the the NBA, this 204 00:11:35,880 --> 00:11:38,719 Speaker 1: this dustup really was profound because you think about how 205 00:11:38,760 --> 00:11:43,719 Speaker 1: many other corporations in business propositions now are having to um, 206 00:11:43,880 --> 00:11:46,960 Speaker 1: really be censored. And and that's where these guys absolutely 207 00:11:46,960 --> 00:11:48,840 Speaker 1: were censored. And think about the people who are at 208 00:11:48,920 --> 00:11:52,079 Speaker 1: the basketball game with a we stand with Hong Kong 209 00:11:52,440 --> 00:11:55,720 Speaker 1: sign and they were, that was here, that was here too. 210 00:11:55,840 --> 00:11:58,840 Speaker 1: And this let me catch folks up. Let me catch 211 00:11:58,840 --> 00:12:02,720 Speaker 1: folks up, because so obviously last week, the Houston Rockets 212 00:12:02,760 --> 00:12:05,440 Speaker 1: general manager takes down a tweet that stands with the 213 00:12:05,480 --> 00:12:08,400 Speaker 1: Hong Kong protesters. China as a result, which is a 214 00:12:08,440 --> 00:12:14,000 Speaker 1: massive market for the NBA, threatens to withdraw a plethora 215 00:12:14,240 --> 00:12:17,200 Speaker 1: of billions of dollars billions of dollars worth of of 216 00:12:17,200 --> 00:12:21,600 Speaker 1: of economic ties between the NBA. It launched a firestorm 217 00:12:21,640 --> 00:12:26,240 Speaker 1: of criticism from Republicans and Democratic lawmakers alike. It's only 218 00:12:26,280 --> 00:12:28,600 Speaker 1: like the one thing I think lately that betto Overork 219 00:12:29,000 --> 00:12:32,880 Speaker 1: as well as Ted Cruz can agree on. Then what 220 00:12:33,040 --> 00:12:35,360 Speaker 1: Jack Kingston's alluding to is this this tweet that when 221 00:12:35,440 --> 00:12:38,199 Speaker 1: byra I saw it over the weekend, these uh they 222 00:12:38,200 --> 00:12:41,600 Speaker 1: were filming a something during the national anthem no less 223 00:12:41,600 --> 00:12:45,280 Speaker 1: at the at the Basketball Stadium downtown UH and folks 224 00:12:45,360 --> 00:12:48,920 Speaker 1: were told to remove their their their support for Hong 225 00:12:49,000 --> 00:12:52,079 Speaker 1: Kong signs. All of this is a great segue because 226 00:12:52,120 --> 00:12:55,679 Speaker 1: it's the backdrop to Phase one of the U. S. 227 00:12:55,800 --> 00:12:59,240 Speaker 1: China trade deal and just shows how culture is really 228 00:12:59,280 --> 00:13:03,720 Speaker 1: playing into him. The negotiations between President Trump and President 229 00:13:03,800 --> 00:13:05,840 Speaker 1: She now I started today at the White House where 230 00:13:05,840 --> 00:13:09,439 Speaker 1: Treasury Secretary Stephen Manusiam was out talking about Phase one 231 00:13:09,520 --> 00:13:11,760 Speaker 1: of that trade deal, and just to catch folks up 232 00:13:11,800 --> 00:13:15,600 Speaker 1: to speed what uh. There's been no formal signing, but 233 00:13:16,120 --> 00:13:18,880 Speaker 1: according to the White House, what has been agreed to 234 00:13:19,360 --> 00:13:23,880 Speaker 1: is that China will make more agricultural purchases and the 235 00:13:24,000 --> 00:13:27,200 Speaker 1: US will delay some of those tariffs from going into 236 00:13:27,200 --> 00:13:30,760 Speaker 1: effect in mid October, with the hopes of getting President 237 00:13:30,800 --> 00:13:34,240 Speaker 1: she and President Trump together in Chile chili or chile 238 00:13:34,880 --> 00:13:37,840 Speaker 1: potato potato and a couple of weeks. Take a list 239 00:13:37,880 --> 00:13:40,240 Speaker 1: in jack to what Secretary Manuitions said at the White 240 00:13:40,240 --> 00:13:43,600 Speaker 1: House earlier this morning. Here he is, there's seven chapters. 241 00:13:43,640 --> 00:13:46,439 Speaker 1: What we said in the original agreement, Uh, in this 242 00:13:46,480 --> 00:13:51,959 Speaker 1: case intellectual property rights, agriculture, which again is not purchases, 243 00:13:52,120 --> 00:13:56,880 Speaker 1: is structural currency. We broke the services chapter into two parts. 244 00:13:57,080 --> 00:14:01,080 Speaker 1: One will now be financial services uh and purchases. So 245 00:14:01,240 --> 00:14:03,120 Speaker 1: I don't know that's however, you count at three and 246 00:14:03,160 --> 00:14:06,120 Speaker 1: a half or four of of the chapters, and then, 247 00:14:06,160 --> 00:14:08,600 Speaker 1: as the President said, will move immediately to phase two. 248 00:14:09,679 --> 00:14:11,520 Speaker 1: So then they're gonna move to phase two. This is 249 00:14:11,559 --> 00:14:14,640 Speaker 1: if he can get a deal with China. Big big news, 250 00:14:14,640 --> 00:14:16,959 Speaker 1: and it's proof that the tariffs work. No, I think 251 00:14:17,000 --> 00:14:19,360 Speaker 1: it is. I think he's gonna have. Uh. It's gonna 252 00:14:19,440 --> 00:14:21,840 Speaker 1: give him a lot of credibility when he could say, look, 253 00:14:22,200 --> 00:14:25,080 Speaker 1: you know, to get these trade negotiations, you've gotta be 254 00:14:25,120 --> 00:14:28,000 Speaker 1: tough on your partners. Um. And we have all talked 255 00:14:28,520 --> 00:14:31,640 Speaker 1: over and over again, Democrats and Republicans about China and 256 00:14:32,000 --> 00:14:34,920 Speaker 1: getting better trade deals and getting our goods over there 257 00:14:34,960 --> 00:14:36,760 Speaker 1: and so forth. So I think Trump is gonna be 258 00:14:36,760 --> 00:14:39,720 Speaker 1: able to have have some bragging rights about it. Um. 259 00:14:39,760 --> 00:14:42,160 Speaker 1: You know, the proof is always going to be in 260 00:14:42,200 --> 00:14:44,600 Speaker 1: the fine print. And in this case, one of the 261 00:14:44,640 --> 00:14:48,200 Speaker 1: biggest challenges about China that went far beyond tariffs, and 262 00:14:48,400 --> 00:14:52,360 Speaker 1: it really had to do with technology transfers, non voluntary 263 00:14:52,960 --> 00:14:58,600 Speaker 1: technology transfers, UM hacking, cyber handling of data, all that 264 00:14:58,720 --> 00:15:00,760 Speaker 1: sort of thing, which is one of one of the 265 00:15:00,760 --> 00:15:05,640 Speaker 1: big challenges for American technology companies. I mean, folks, you 266 00:15:05,720 --> 00:15:10,480 Speaker 1: gotta remember these companies are just getting hammered, hammered on 267 00:15:10,560 --> 00:15:14,320 Speaker 1: intellectual property right. And if you're doing business with China, um, 268 00:15:14,360 --> 00:15:17,840 Speaker 1: and you have locations there of what the suspicion has 269 00:15:17,880 --> 00:15:21,240 Speaker 1: been as either they still your technology, are they forced 270 00:15:21,240 --> 00:15:24,240 Speaker 1: you to make them a partner and they become privy 271 00:15:24,280 --> 00:15:27,520 Speaker 1: to it. So, um, there's a that's gonna be to 272 00:15:27,600 --> 00:15:29,960 Speaker 1: me part of this trade deal that's gonna have to 273 00:15:30,000 --> 00:15:33,000 Speaker 1: have ongoing monitor and you can't just sign an agreement 274 00:15:33,000 --> 00:15:36,080 Speaker 1: and say we handled that problem. Yeah, but you know, 275 00:15:36,160 --> 00:15:38,960 Speaker 1: I I hope that Jack is right. You know, I'd 276 00:15:39,000 --> 00:15:41,280 Speaker 1: love to see the end to this terror battle that's 277 00:15:41,280 --> 00:15:43,240 Speaker 1: going on. Of course, the proof is in the pudding, 278 00:15:43,360 --> 00:15:45,600 Speaker 1: and you know, now there's some new questions that are 279 00:15:45,640 --> 00:15:49,120 Speaker 1: arising just today from the Chinese side, Uh that they 280 00:15:49,120 --> 00:15:50,920 Speaker 1: want to go back to the table. As Kevin uh 281 00:15:51,400 --> 00:15:54,240 Speaker 1: alluded to earlier in Blueberg first reported, we saw the 282 00:15:54,320 --> 00:15:57,440 Speaker 1: dow down a bit, not not a great amount, but 283 00:15:57,480 --> 00:16:01,560 Speaker 1: a bit on that news. Uh. So again, this president 284 00:16:01,640 --> 00:16:04,600 Speaker 1: loves to announce a deal before attached. I'm hopeful that 285 00:16:04,600 --> 00:16:06,080 Speaker 1: that's the case, but of course the proof is in 286 00:16:06,120 --> 00:16:08,040 Speaker 1: the pudding with this president. Well, I think what we 287 00:16:08,120 --> 00:16:12,400 Speaker 1: saw even by announcing a phase one, it's it's in 288 00:16:12,480 --> 00:16:14,480 Speaker 1: a I gotta be careful with my words here, I mean, 289 00:16:14,760 --> 00:16:17,640 Speaker 1: in a way, is a compromise of expectations. The President 290 00:16:17,680 --> 00:16:19,800 Speaker 1: says he wants a big, big deal, while they're nowhere 291 00:16:19,840 --> 00:16:23,320 Speaker 1: close to getting a big, big, grand bargain type of deal. 292 00:16:23,360 --> 00:16:25,400 Speaker 1: But if you do it in phases, that kind of 293 00:16:25,480 --> 00:16:27,560 Speaker 1: eases some of the concerns around the world, not just 294 00:16:27,640 --> 00:16:29,920 Speaker 1: on Wall Street but in Beijing as well, and allows 295 00:16:29,960 --> 00:16:32,200 Speaker 1: for a Mani deal ahead of a type of of 296 00:16:32,280 --> 00:16:34,880 Speaker 1: big deal. All right, Coming up, Fiona Hill in the 297 00:16:34,920 --> 00:16:38,480 Speaker 1: hot seat behind closed doors. She's the former top National 298 00:16:38,560 --> 00:16:42,600 Speaker 1: Security Council expert on Russia, and she testified before the 299 00:16:42,640 --> 00:16:47,080 Speaker 1: House Intelligence Committee earlier today. What does it mean for 300 00:16:47,120 --> 00:16:51,200 Speaker 1: the impeachment inquiry? Our panel weighs in. Download the Bloomberg 301 00:16:51,240 --> 00:16:54,120 Speaker 1: Sound On podcast on Apple iTunes, at Bloomberg dot com, 302 00:16:54,440 --> 00:16:56,640 Speaker 1: or by downloading the Bloomberg Business App. You can also 303 00:16:56,640 --> 00:16:59,560 Speaker 1: find us on Radio dot Com, I Heart Radio and 304 00:16:59,640 --> 00:17:03,160 Speaker 1: Spot five. I'm Kevin Cirelli, Chief Washington correspondent from Bloomberg 305 00:17:03,200 --> 00:17:12,280 Speaker 1: Television of Bloomberg Radio, and you're listening to Bloomberg. You're 306 00:17:12,320 --> 00:17:16,199 Speaker 1: listening to Bloomberg Sound On with Kevin Surrele on Bloomberg 307 00:17:17,240 --> 00:17:19,639 Speaker 1: and one oh five point seven FM h D two. 308 00:17:20,359 --> 00:17:24,399 Speaker 1: I'm Kevin Cirelli, Chief Washington correspondent for Bloomberg Television Bloomberg Radio. 309 00:17:24,520 --> 00:17:26,440 Speaker 1: So I started the day at the White House. We're 310 00:17:26,480 --> 00:17:29,320 Speaker 1: following the US China Phase one, folks, phase one of 311 00:17:29,320 --> 00:17:32,440 Speaker 1: a trade deal that Bloomberg News, our colleagues of Bloomberg 312 00:17:32,440 --> 00:17:34,719 Speaker 1: have just been all over. Then I go on up 313 00:17:34,760 --> 00:17:40,639 Speaker 1: to Capitol Hill, where Fiona Hill dominated dominated all chatter 314 00:17:40,800 --> 00:17:45,840 Speaker 1: of still technically congressional recess and uh in these neck 315 00:17:45,880 --> 00:17:49,520 Speaker 1: of the woods here inside of the Beltway, and Fiona 316 00:17:49,640 --> 00:17:53,560 Speaker 1: Hill testifies and she is, of course the former top 317 00:17:53,640 --> 00:17:57,919 Speaker 1: national security Council expert on Russia that she testified behind 318 00:17:57,960 --> 00:18:02,119 Speaker 1: closed doors two after being subpoenaed. She's a member of 319 00:18:02,119 --> 00:18:08,800 Speaker 1: the Trump administration, subpoenaed to testify before the House Intelligence Committee. 320 00:18:09,640 --> 00:18:12,080 Speaker 1: And well, no one really knows what she said, but 321 00:18:12,160 --> 00:18:15,680 Speaker 1: we know what some of the lawmakers they're saying after this. 322 00:18:16,119 --> 00:18:19,000 Speaker 1: Remember this is after the hearing. Rather remember this is 323 00:18:19,040 --> 00:18:22,720 Speaker 1: the fourth week of the impeachment inquiry. And here with 324 00:18:22,760 --> 00:18:25,240 Speaker 1: me to kind of guide us through what both sides 325 00:18:25,280 --> 00:18:27,440 Speaker 1: are saying on this is Kevin Walling. He's a Democratic 326 00:18:27,480 --> 00:18:30,840 Speaker 1: strategist at h G Creative Media. And Jack Kingston, former 327 00:18:30,880 --> 00:18:34,920 Speaker 1: Georgia congressman in Trump twenty campaign surrogate. Okay, I want 328 00:18:34,920 --> 00:18:37,520 Speaker 1: to play for you what Congressman Matt Gates said. He's 329 00:18:37,520 --> 00:18:41,520 Speaker 1: a congressman, a member of the House Judiciary Committee. Uh, 330 00:18:41,560 --> 00:18:45,040 Speaker 1: and he's a Republican from Florida. Take a listen to him. 331 00:18:45,040 --> 00:18:47,720 Speaker 1: Here is there are no rules. One of the things 332 00:18:47,720 --> 00:18:50,680 Speaker 1: that we've asked for is Republicans is a resolution that 333 00:18:50,720 --> 00:18:54,280 Speaker 1: would establish the rules of impeachment. So, in the absence 334 00:18:54,320 --> 00:18:57,080 Speaker 1: of any rules that House Democrats have adopted, I found 335 00:18:57,080 --> 00:19:00,280 Speaker 1: it only reasonable to look at prior president on imp tachment, 336 00:19:00,600 --> 00:19:04,399 Speaker 1: and in the impeachment matters that I've reviewed, there's a 337 00:19:04,440 --> 00:19:08,360 Speaker 1: lot of involvement from the House Judiciary Committee. So the 338 00:19:08,400 --> 00:19:12,719 Speaker 1: Republicans Kevin Walling, are saying this isn't transparent. These hearings 339 00:19:12,720 --> 00:19:16,040 Speaker 1: are happening behind closed doors. No one knows what Fiona 340 00:19:16,160 --> 00:19:21,000 Speaker 1: Hill said to the closed door testimony to the three 341 00:19:21,000 --> 00:19:25,560 Speaker 1: committees including Judiciary that that are investigating into the matter. 342 00:19:26,160 --> 00:19:30,320 Speaker 1: No one knows precisely what is being said behind closed doors. 343 00:19:30,359 --> 00:19:33,760 Speaker 1: The only thing folks know is that it's happening. Why 344 00:19:33,800 --> 00:19:36,320 Speaker 1: shouldn't it be transparent. Why shouldn't these hearings be out 345 00:19:36,359 --> 00:19:39,560 Speaker 1: in public? Because keV this phase of the process is 346 00:19:39,560 --> 00:19:42,480 Speaker 1: more like a grand jury process in which it's behind 347 00:19:42,480 --> 00:19:45,600 Speaker 1: closed doors and gather No, it's actually it actually was 348 00:19:45,640 --> 00:19:47,920 Speaker 1: a grand jury. It would be called a grand jury there. 349 00:19:48,640 --> 00:19:52,640 Speaker 1: Actually the House process is the grand jury. But they 350 00:19:52,680 --> 00:19:56,200 Speaker 1: are bastardizing the process. I don't know if we can say, 351 00:19:57,640 --> 00:20:03,159 Speaker 1: be careful, where's George for the record, I didn't know 352 00:20:03,200 --> 00:20:06,399 Speaker 1: he was gonna say that. I want to show an 353 00:20:06,400 --> 00:20:09,359 Speaker 1: apology my first on the show. If that offended anyone, 354 00:20:09,640 --> 00:20:14,480 Speaker 1: go ahead, Jack. I feel very strongly that the American 355 00:20:14,520 --> 00:20:21,200 Speaker 1: people realize that without the process, which uh equals fairness, 356 00:20:21,480 --> 00:20:24,280 Speaker 1: that this thing is a political sham. And where I 357 00:20:24,320 --> 00:20:27,119 Speaker 1: think the Democrats are making a huge mistake is if 358 00:20:27,160 --> 00:20:32,320 Speaker 1: they've got the goods, and Lord knows, Kevin Adam Schiff 359 00:20:32,359 --> 00:20:34,359 Speaker 1: has said it many times he has the goods, go 360 00:20:34,400 --> 00:20:36,240 Speaker 1: ahead and put him out there. You'll get your two 361 00:20:36,680 --> 00:20:39,000 Speaker 1: eighteen votes and then you can set up a real 362 00:20:39,040 --> 00:20:42,480 Speaker 1: impeachment process. What I just don't understand, and when I 363 00:20:42,520 --> 00:20:45,080 Speaker 1: say they're not a grandeur, I get. I get the 364 00:20:45,359 --> 00:20:47,679 Speaker 1: Schoolhouse Rock element of how this all works. What my 365 00:20:47,760 --> 00:20:51,880 Speaker 1: point is is that because they're not doing it publicly, 366 00:20:51,880 --> 00:20:55,320 Speaker 1: don't the American people deserve to know what went on? 367 00:20:55,400 --> 00:20:58,920 Speaker 1: Don't they deserve to know? Hi knows that. Why can't 368 00:20:58,960 --> 00:21:02,160 Speaker 1: they hear directly from a Hill? Because again, it's a process, 369 00:21:02,200 --> 00:21:05,480 Speaker 1: and we're in the process of gathering evidence behind closed doors. 370 00:21:05,640 --> 00:21:09,280 Speaker 1: It was bipartisan. They had Republican and Democratic staff and 371 00:21:09,359 --> 00:21:13,520 Speaker 1: members asking Fiona Hill questions. She's a bureaucrat, she is 372 00:21:13,560 --> 00:21:18,119 Speaker 1: a longtime n SC staff person, uh, and she's respected 373 00:21:18,200 --> 00:21:22,960 Speaker 1: in her position. Again, this is the trial with evidence presented. 374 00:21:23,119 --> 00:21:25,320 Speaker 1: Is the Senate phase of this. This is the as 375 00:21:25,440 --> 00:21:27,800 Speaker 1: as Jack said, it's a little different from when Jack 376 00:21:27,880 --> 00:21:31,960 Speaker 1: was in Congress during the Clinton impeachment, because the House 377 00:21:32,000 --> 00:21:35,800 Speaker 1: and Senate UH members were handed grand jury evidence as 378 00:21:35,840 --> 00:21:38,000 Speaker 1: part of that impeachment. The case was already made by 379 00:21:38,080 --> 00:21:42,240 Speaker 1: Ken start of the Independent Council. We the House democrats 380 00:21:42,400 --> 00:21:46,160 Speaker 1: in control, are doing that process right now, gathering evidence, 381 00:21:46,280 --> 00:21:55,040 Speaker 1: subpoenaing documents, having UH folks come before for these desposition depositions, depositions, 382 00:21:57,320 --> 00:21:59,840 Speaker 1: and I threw them off because but did I mispronounced earlier? 383 00:22:00,040 --> 00:22:04,440 Speaker 1: Don't know Chili or Chile? But again I still don't 384 00:22:06,000 --> 00:22:08,760 Speaker 1: just like finance and finance. Let me ask you this. 385 00:22:08,800 --> 00:22:11,520 Speaker 1: So President Trump started off to Kevin Walling's point, not 386 00:22:11,640 --> 00:22:16,359 Speaker 1: to throw you off with how with the pronunciation? But Adam, 387 00:22:16,520 --> 00:22:19,240 Speaker 1: this is a Trump tweeted earlier today, quote Adam Shift 388 00:22:19,280 --> 00:22:22,439 Speaker 1: now doesn't seem to want the whistle blower to testify. No, 389 00:22:23,080 --> 00:22:26,480 Speaker 1: must testify to explain why he got my Ukraine conversation. 390 00:22:26,680 --> 00:22:29,200 Speaker 1: So there are a lot of those wrong. Not even 391 00:22:29,240 --> 00:22:31,520 Speaker 1: close did Shift tell him to do that. We must 392 00:22:31,520 --> 00:22:34,520 Speaker 1: determine the whistleblower's identity to determine why this was done 393 00:22:34,520 --> 00:22:37,359 Speaker 1: to the USA. Do you think Kevin Walling that the 394 00:22:37,480 --> 00:22:40,360 Speaker 1: that the whistle blower should testify before public. I think 395 00:22:40,440 --> 00:22:42,520 Speaker 1: if we can do it and keep that person in 396 00:22:42,640 --> 00:22:46,120 Speaker 1: confidence and safe from these attacks from this president, then 397 00:22:46,160 --> 00:22:48,480 Speaker 1: by all means. But what I want to hear from 398 00:22:48,520 --> 00:22:51,639 Speaker 1: is the career officials and the appointment appointees in the 399 00:22:51,640 --> 00:22:54,040 Speaker 1: Trump and I want to hear from John Bolton, for example, Right, 400 00:22:54,080 --> 00:22:56,560 Speaker 1: what did John Bolton know? Everyone knows that he was 401 00:22:56,600 --> 00:22:59,960 Speaker 1: scrambled after that call on all of his staff. Person 402 00:23:00,200 --> 00:23:03,240 Speaker 1: we're calling him because of the disaster that that call was. 403 00:23:03,560 --> 00:23:07,160 Speaker 1: And again we just have the transcript. It's a rough transcript. 404 00:23:07,240 --> 00:23:10,960 Speaker 1: There's probably fifteen minutes missing from that transcript of that conversation. 405 00:23:11,280 --> 00:23:13,480 Speaker 1: I want the people that were actually I want Mike 406 00:23:13,480 --> 00:23:16,840 Speaker 1: Pompeo to testify for what he heard during that call. 407 00:23:16,880 --> 00:23:18,840 Speaker 1: Come to find out after the fact that he was 408 00:23:18,880 --> 00:23:21,280 Speaker 1: part of that call and he didn't volunteer that information. 409 00:23:21,359 --> 00:23:24,040 Speaker 1: It is a drip drip drip of this administration and 410 00:23:24,080 --> 00:23:27,040 Speaker 1: we need some truth, alright. What wait wait wait, wait 411 00:23:27,280 --> 00:23:31,000 Speaker 1: all right, Look, there are questions clearly about what went on, folks, 412 00:23:31,040 --> 00:23:33,080 Speaker 1: and there's a process for for how that goes on. 413 00:23:33,600 --> 00:23:36,439 Speaker 1: But the notion that I mean, do you do you 414 00:23:36,440 --> 00:23:39,240 Speaker 1: do you think that one day this might come back 415 00:23:39,280 --> 00:23:42,679 Speaker 1: to haunt to haunt the argument that many folks are 416 00:23:42,720 --> 00:23:44,920 Speaker 1: making right now, which is how many. There's always a 417 00:23:44,960 --> 00:23:47,679 Speaker 1: lot of people on these phone calls. Sure, and a 418 00:23:47,720 --> 00:23:51,439 Speaker 1: lot of people were in distress, namely four career national 419 00:23:51,480 --> 00:23:55,000 Speaker 1: security folks who filed complaints that this call was problematic. 420 00:23:55,280 --> 00:23:56,920 Speaker 1: There are a number of people on this call that 421 00:23:57,000 --> 00:24:00,360 Speaker 1: saw it as a problem. keV, I think other you're 422 00:24:00,400 --> 00:24:04,439 Speaker 1: Bill Clinton, Richard Nixon, or Andrew Johnson. The American people 423 00:24:04,760 --> 00:24:08,600 Speaker 1: back then and today want fairness and not being able 424 00:24:08,600 --> 00:24:13,240 Speaker 1: to cross examine this whistle blower is ludicrous. UM. I 425 00:24:13,280 --> 00:24:15,679 Speaker 1: would like to know his political bias, which they have 426 00:24:15,760 --> 00:24:18,160 Speaker 1: admitted that he has. I would like to know if 427 00:24:18,160 --> 00:24:20,360 Speaker 1: he did, in fact work for Joe Biden and went 428 00:24:20,400 --> 00:24:22,680 Speaker 1: to the Ukraine with him. That that's one of the 429 00:24:23,760 --> 00:24:27,359 Speaker 1: clouds that are hanging over this investigation right now. I 430 00:24:27,400 --> 00:24:29,240 Speaker 1: think need to be cleared up for the sake of 431 00:24:29,280 --> 00:24:33,040 Speaker 1: America and UM and and again, remember there are people 432 00:24:33,520 --> 00:24:35,720 Speaker 1: but Jack what but Jack what has? What is in 433 00:24:35,720 --> 00:24:38,960 Speaker 1: the whistle blower report that has been proved wrong? Well, 434 00:24:39,000 --> 00:24:40,760 Speaker 1: for one thing, he said there was somebody who was 435 00:24:40,800 --> 00:24:43,439 Speaker 1: in intendance that was not at in the meeting and 436 00:24:43,440 --> 00:24:46,480 Speaker 1: the other things on the call. He said, there was 437 00:24:46,560 --> 00:24:51,200 Speaker 1: somebody on the call that was not and whistle blower 438 00:24:51,200 --> 00:24:54,040 Speaker 1: report is public. Yes, but I can get you three 439 00:24:54,080 --> 00:24:56,359 Speaker 1: things so that we're not on there. And what the 440 00:24:56,400 --> 00:24:58,679 Speaker 1: biggest thing was there was no quid programs. I mean, 441 00:24:58,680 --> 00:25:00,520 Speaker 1: it's the start of the process. Is see what this 442 00:25:00,560 --> 00:25:09,719 Speaker 1: is and what I what I genuinely value. But I 443 00:25:09,720 --> 00:25:11,560 Speaker 1: wish you could. I wish this is why this is 444 00:25:12,119 --> 00:25:14,720 Speaker 1: television and so that you can watch what's happening right now. 445 00:25:14,760 --> 00:25:16,960 Speaker 1: But what I like about this conversation is that both 446 00:25:17,040 --> 00:25:19,800 Speaker 1: of you are making points that illustrate that this has 447 00:25:19,840 --> 00:25:24,080 Speaker 1: not left the political sphere and President Trump, right run 448 00:25:24,200 --> 00:25:26,400 Speaker 1: or in different no matter your political leanings, right now 449 00:25:26,720 --> 00:25:30,119 Speaker 1: has not lost Republicans in the House or in the Senate. 450 00:25:30,119 --> 00:25:33,520 Speaker 1: They might be uncomfortable with his with what he's done, 451 00:25:33,760 --> 00:25:36,080 Speaker 1: but they're not saying that it has caused for impeachment 452 00:25:36,200 --> 00:25:38,240 Speaker 1: or for there to be a removal of office. And 453 00:25:38,280 --> 00:25:42,480 Speaker 1: until that happens, this is just a political thing. You know. 454 00:25:42,920 --> 00:25:45,160 Speaker 1: The other thing is just what we witness right now. 455 00:25:45,280 --> 00:25:48,239 Speaker 1: Is I made a point. Kevin disagreed. He's thrown on 456 00:25:48,400 --> 00:25:50,800 Speaker 1: me to prove it, and that's why you need to 457 00:25:50,840 --> 00:25:56,800 Speaker 1: have both parties in the room. But let me say 458 00:25:56,840 --> 00:25:59,560 Speaker 1: this other thing. Is a member of Congress, I often 459 00:25:59,720 --> 00:26:03,159 Speaker 1: said in on other committee meetings, you were allowed that 460 00:26:03,200 --> 00:26:06,320 Speaker 1: courtesy as a member. And whether you're on the Judiciary Committee, 461 00:26:06,359 --> 00:26:08,720 Speaker 1: want to sit in on appropriations, we might not have 462 00:26:08,720 --> 00:26:11,000 Speaker 1: put you on the diets, but we absolutely let you 463 00:26:11,040 --> 00:26:14,040 Speaker 1: in the room. Why wasn't Matt Gates allowed in the 464 00:26:14,119 --> 00:26:17,720 Speaker 1: room today? He's he's a member of the Judiciary Committee, 465 00:26:17,720 --> 00:26:21,320 Speaker 1: which is relevant to these this impeachment hearing. But Jack, 466 00:26:21,359 --> 00:26:23,479 Speaker 1: here's a follow up question, though, Was that for hearings 467 00:26:23,480 --> 00:26:26,280 Speaker 1: themselves or for these kind of depositions as part of 468 00:26:26,320 --> 00:26:29,440 Speaker 1: an investigation. It was probably just for hearing. It was 469 00:26:29,880 --> 00:26:32,800 Speaker 1: for hearings. But if you wanted to sit on a deposition, 470 00:26:32,920 --> 00:26:35,439 Speaker 1: I don't think that would be a big, big stretch, 471 00:26:35,560 --> 00:26:38,800 Speaker 1: all right, that would be my assumption. But again, I 472 00:26:38,840 --> 00:26:43,320 Speaker 1: think this is seen as a partisan um exercise, and 473 00:26:45,240 --> 00:26:48,399 Speaker 1: that's kindly one thing. One thing, all right, coming up, 474 00:26:48,400 --> 00:26:51,359 Speaker 1: we're gonna talk about politics. We'll talk more about this 475 00:26:51,359 --> 00:26:53,679 Speaker 1: coming up. Panel, states Kevin Walling, Jack Kingston. The one 476 00:26:53,680 --> 00:26:55,679 Speaker 1: place in Washington where you can go and have a 477 00:26:55,800 --> 00:26:59,880 Speaker 1: level headed conversation about the impeachment saga. Download Bloomberg sound 478 00:26:59,880 --> 00:27:02,440 Speaker 1: On podcast on Apple, it tunes, at Bloomberg dot com, 479 00:27:02,520 --> 00:27:05,040 Speaker 1: or by downloading the Bloomberg Business App. You can also 480 00:27:05,040 --> 00:27:08,160 Speaker 1: find us on Radio dot Com, I Heart Radio, and Spotify. 481 00:27:08,200 --> 00:27:11,480 Speaker 1: I'm Kevin Cerelli, Chief Washington Correspondent from Bloomberg Television of 482 00:27:11,480 --> 00:27:20,320 Speaker 1: Bloomberg Radio. You're listening to Bloomberg. This is Bloomberg Sound 483 00:27:20,400 --> 00:27:24,960 Speaker 1: On with Kevin Surreley on Bloomberg and one oh five 484 00:27:24,960 --> 00:27:27,800 Speaker 1: point seven f M h D two. I'm Kevin Cerelli, 485 00:27:27,920 --> 00:27:31,280 Speaker 1: Chief Washington Correspondent from Bloomberg Television Bloomberg Radio. I'm headed 486 00:27:31,280 --> 00:27:35,960 Speaker 1: to Ohio tonight, folks, for the Democratic presidential debate kicks 487 00:27:36,000 --> 00:27:39,080 Speaker 1: off tomorrow. I'll be there. We'll have continuing coverage for 488 00:27:39,160 --> 00:27:42,560 Speaker 1: you all across platforms on Bloomberg Television and Bloomberg Radio. 489 00:27:42,600 --> 00:27:46,040 Speaker 1: We're gonna be broadcasting once again from inside of the 490 00:27:46,119 --> 00:27:49,480 Speaker 1: debate spin room floor. Twelve candidates, twelve candidates. I can't 491 00:27:49,480 --> 00:27:54,240 Speaker 1: wait to see really how all of this impeachments story, 492 00:27:54,440 --> 00:27:57,080 Speaker 1: how it plays into the debate. We're gonna hear from 493 00:27:57,119 --> 00:28:00,840 Speaker 1: ABC News tomorrow, from Hunter Biden. He's giving exclusive interview 494 00:28:00,880 --> 00:28:02,720 Speaker 1: to ABC News. There's gonna be a lot to talk through. 495 00:28:03,400 --> 00:28:05,920 Speaker 1: But will it matter? Will will will you be watching? 496 00:28:06,000 --> 00:28:07,760 Speaker 1: Let me know? Are you gonna be watching? Are you 497 00:28:07,760 --> 00:28:09,439 Speaker 1: gonna be rotten for the gnats? You know? I was, 498 00:28:09,760 --> 00:28:12,000 Speaker 1: I was joking about this a little bit. But it 499 00:28:12,119 --> 00:28:15,439 Speaker 1: is interesting to see whether or not these ratings for 500 00:28:15,480 --> 00:28:18,320 Speaker 1: these debates are gonna gonna be high or not because 501 00:28:18,359 --> 00:28:22,439 Speaker 1: there's just been so many candidates, so many different storylines 502 00:28:22,480 --> 00:28:25,320 Speaker 1: to follow. Anyway, we'll be following it all. Kevin Wallings here, 503 00:28:25,320 --> 00:28:27,919 Speaker 1: he's a democratic strategist at HD Creative Media. He'll be 504 00:28:27,920 --> 00:28:31,000 Speaker 1: watching the debate tomorrow. And Jack Kingson's here, former Georgia 505 00:28:31,000 --> 00:28:33,960 Speaker 1: congressman and Trump twenty campaign circuit Jack, will you be 506 00:28:34,000 --> 00:28:37,399 Speaker 1: watching the debate tomorrow? I will not be watching it. 507 00:28:37,520 --> 00:28:40,800 Speaker 1: I'm a cord cutter. I will probably cutter. I am 508 00:28:40,840 --> 00:28:44,880 Speaker 1: a cord cutter. I'll watch the rehash on YouTube. A'll 509 00:28:45,840 --> 00:28:48,360 Speaker 1: see what you have to say about it. But thank you, JACKO. 510 00:28:48,480 --> 00:28:51,240 Speaker 1: I will not go through the whole debate. It's just absurd. 511 00:28:51,520 --> 00:29:01,760 Speaker 1: I like America, America, Jackingson, I like America. I think 512 00:29:01,840 --> 00:29:04,520 Speaker 1: capitalism has done a darn. Fine job noticed that I 513 00:29:04,520 --> 00:29:07,840 Speaker 1: said darn and not something else. But you know, I 514 00:29:08,240 --> 00:29:12,680 Speaker 1: just I won't be there now with Kevin Wallen. That 515 00:29:12,880 --> 00:29:16,000 Speaker 1: Kevin wants to buy me a beer afterwards, I'm all in. 516 00:29:16,400 --> 00:29:19,120 Speaker 1: But um, aside from that, I think I will be 517 00:29:19,160 --> 00:29:22,520 Speaker 1: watching the baseball game. All right, good, let me ask 518 00:29:22,560 --> 00:29:26,160 Speaker 1: you this, what's on your radar? Jack Kingson? What's on 519 00:29:26,160 --> 00:29:29,440 Speaker 1: your radar? Well? Right now, I do want to finish 520 00:29:29,520 --> 00:29:31,920 Speaker 1: up one point. Do you impeach the other day? And 521 00:29:32,560 --> 00:29:35,520 Speaker 1: he's a friend of mine? Um, and I love this. 522 00:29:35,680 --> 00:29:38,440 Speaker 1: I'm sorry politicians say they're a friend of mine. You 523 00:29:38,480 --> 00:29:45,200 Speaker 1: know they're about to go over the hard But I 524 00:29:45,200 --> 00:29:46,800 Speaker 1: don't mean to be rude. Don't let me be rude. 525 00:29:47,200 --> 00:29:50,600 Speaker 1: When but when Adam Schiff did that fake monologue, which 526 00:29:50,640 --> 00:29:53,400 Speaker 1: he later called a parady, frankly, when he got called 527 00:29:53,440 --> 00:29:56,400 Speaker 1: out on it, I think it cheapened the house, It 528 00:29:56,880 --> 00:30:01,720 Speaker 1: cheapened him, It diminished this investigation. You are talking about 529 00:30:02,320 --> 00:30:05,800 Speaker 1: impeaching the president of the United States. You don't go 530 00:30:05,880 --> 00:30:08,960 Speaker 1: off on a parody which people don't find funny, and 531 00:30:09,000 --> 00:30:11,120 Speaker 1: they don't know it's a parody when you're saying it. 532 00:30:11,120 --> 00:30:13,840 Speaker 1: It's only found that to be a parody later, um, 533 00:30:13,920 --> 00:30:15,760 Speaker 1: and I think he had to back into it. But 534 00:30:15,840 --> 00:30:18,800 Speaker 1: the point is, again, why do we know about it? 535 00:30:19,280 --> 00:30:23,440 Speaker 1: Because the hearings were open, because they were bipartisan, And 536 00:30:23,560 --> 00:30:28,480 Speaker 1: that's why you need to have bipartisanship and transparency when 537 00:30:28,520 --> 00:30:32,520 Speaker 1: you are talking about impeaching the duly elected president of 538 00:30:32,520 --> 00:30:36,120 Speaker 1: the United States. You you this is a very serious, 539 00:30:35,720 --> 00:30:37,960 Speaker 1: serious and if Adam Schiff wants to do a comedy 540 00:30:38,040 --> 00:30:40,400 Speaker 1: routine on his own time, let him do it in 541 00:30:40,400 --> 00:30:43,120 Speaker 1: the right setting. All right, So you've got the impeachment 542 00:30:43,160 --> 00:30:46,280 Speaker 1: on your mind, They're they're coming back tomorrow. Everybody, I'm 543 00:30:46,280 --> 00:30:51,520 Speaker 1: getting out. But Kevin, meanwhile, as Christine said, off off, 544 00:30:51,600 --> 00:30:55,239 Speaker 1: Christine are esteemed executive, As she said, what about U 545 00:30:55,320 --> 00:30:57,840 Speaker 1: S M c I, what about it? What about Syria? 546 00:30:57,960 --> 00:31:00,280 Speaker 1: What about all these other is Kevin molling to talk 547 00:31:00,320 --> 00:31:02,440 Speaker 1: about Syria? That's on your radar? And that's certainly what's 548 00:31:02,440 --> 00:31:05,320 Speaker 1: on my radar, of course, is the situation in northern Syria. 549 00:31:05,640 --> 00:31:08,760 Speaker 1: Reporting is out today that UH, in the rush to 550 00:31:08,880 --> 00:31:12,800 Speaker 1: remove all of our US military personnel, we were unable 551 00:31:12,840 --> 00:31:17,200 Speaker 1: to take Excel ex fil Trait sixty high level ISIS 552 00:31:17,240 --> 00:31:20,760 Speaker 1: targets that were captured. Uh, that is startling to me. 553 00:31:20,840 --> 00:31:22,720 Speaker 1: That makes me nervous. We're putting these folks back on 554 00:31:22,760 --> 00:31:25,760 Speaker 1: the battlefield to do his harm. That is problematic. And 555 00:31:25,800 --> 00:31:29,440 Speaker 1: this president unfortunately has made that region less safe, has 556 00:31:29,480 --> 00:31:32,360 Speaker 1: made the homeland less safe by giving this gift to 557 00:31:32,360 --> 00:31:34,600 Speaker 1: to the ISIS. Do you like what the President did 558 00:31:34,600 --> 00:31:37,360 Speaker 1: with the troop withdraw Well, that was one reason why 559 00:31:37,360 --> 00:31:39,840 Speaker 1: I voted him, voted for him. Really did say he 560 00:31:39,880 --> 00:31:42,600 Speaker 1: wanted to stop endless wars. And I do know that 561 00:31:42,640 --> 00:31:44,920 Speaker 1: we have troops all over the world, and we we 562 00:31:45,040 --> 00:31:47,640 Speaker 1: act like the police officer of the world in many cases. 563 00:31:47,960 --> 00:31:51,520 Speaker 1: You know, in this case, he did talk about drawing 564 00:31:51,560 --> 00:31:54,360 Speaker 1: it down as early as in April of this year 565 00:31:54,680 --> 00:31:56,720 Speaker 1: when he said, let's get these folks out of there. 566 00:31:57,080 --> 00:32:01,640 Speaker 1: He's moved something like fifty two hundred troops. Now, I 567 00:32:01,680 --> 00:32:04,000 Speaker 1: think our Dewan was going to go in there anyhow, 568 00:32:04,040 --> 00:32:06,280 Speaker 1: and he wanted to get our American soldiers out of 569 00:32:06,520 --> 00:32:10,120 Speaker 1: harm's way. But I will agree with Kevin that if 570 00:32:10,200 --> 00:32:16,200 Speaker 1: it does lead to chaos and the ISIS forces getting 571 00:32:16,240 --> 00:32:18,600 Speaker 1: back together again, than it has been a bad mistake. 572 00:32:18,680 --> 00:32:23,160 Speaker 1: And President Trump has announced sanctions, continued sanctions against Turkey 573 00:32:23,960 --> 00:32:28,360 Speaker 1: over there. What he's saying, quote unquote heinous acts in Syria. 574 00:32:28,520 --> 00:32:31,320 Speaker 1: And Senator Lindsay Graham, a Republican from South Carolina, has 575 00:32:31,360 --> 00:32:34,480 Speaker 1: been very critical, very very critical of the President on 576 00:32:34,520 --> 00:32:38,920 Speaker 1: this particular front. Says that, uh, there's veto proof majority 577 00:32:38,960 --> 00:32:41,720 Speaker 1: with regards to even more additional sanctions. It's it's it's 578 00:32:41,720 --> 00:32:44,720 Speaker 1: been a wild story to follow and just to see 579 00:32:44,760 --> 00:32:48,440 Speaker 1: just the number of folks that have come out against 580 00:32:48,480 --> 00:32:51,680 Speaker 1: it with regards to that. And again President Trump earlier 581 00:32:51,720 --> 00:32:56,640 Speaker 1: today announcing additional sanctions against Syria, against Turkey with regards 582 00:32:56,640 --> 00:33:00,400 Speaker 1: to their actions in Syria, but quickly, very quick there. 583 00:33:00,480 --> 00:33:03,360 Speaker 1: You got to have a clear objective before you put 584 00:33:03,400 --> 00:33:05,920 Speaker 1: American troops in harm's white and that has not been 585 00:33:07,960 --> 00:33:11,520 Speaker 1: And the and the Nationals and the national I'm not 586 00:33:11,560 --> 00:33:13,080 Speaker 1: really like a die hard natal. I don't want to 587 00:33:13,080 --> 00:33:16,160 Speaker 1: misrepresent my petly. I gotta tell you what's on my radar. 588 00:33:16,440 --> 00:33:19,600 Speaker 1: Doesn't anybody care what's on Kevin's radar. I'm kidding. By 589 00:33:19,600 --> 00:33:25,400 Speaker 1: the way, trip to Ohio. No, uh So, the US 590 00:33:25,440 --> 00:33:29,360 Speaker 1: recession chances hit seven within the next twelve months. My 591 00:33:29,400 --> 00:33:32,320 Speaker 1: colleagues on the Bloomberg terminal have been tracking this recession 592 00:33:32,360 --> 00:33:34,400 Speaker 1: fears have grown in recent months and bid a persistent 593 00:33:34,440 --> 00:33:37,000 Speaker 1: trade ward with China, but pullbacks and corporate hiring an 594 00:33:37,000 --> 00:33:41,880 Speaker 1: investment in a manufacturing sector that has already slipped into contraction. However, 595 00:33:42,640 --> 00:33:45,640 Speaker 1: while the economy is cooling, the big question is whether 596 00:33:45,680 --> 00:33:47,360 Speaker 1: or not there's going to be a recession. And it's 597 00:33:47,400 --> 00:33:51,800 Speaker 1: it's which has gone up slightly but is not not 598 00:33:51,920 --> 00:33:55,120 Speaker 1: nearly as potential. Well, it's seven percent books. I'll let you, 599 00:33:55,120 --> 00:33:58,040 Speaker 1: I'll let you decide. Jack Kingston, thank you, Kevin Walling, 600 00:33:58,040 --> 00:34:01,120 Speaker 1: thank you. Download the Bloomberg sound on pot cast on 601 00:34:01,120 --> 00:34:03,200 Speaker 1: on appalachians A, Bloomberg dot Com, or by downloading the 602 00:34:03,200 --> 00:34:06,320 Speaker 1: Bloomberg Business SAP. I'm Kevin Sirelli. I'm headed to Ohio. Folks, 603 00:34:06,400 --> 00:34:08,680 Speaker 1: listen to us all day tomorrow. You're listening to Bloomberg