1 00:00:01,639 --> 00:00:06,160 Speaker 1: Now from our nation's capital. This is Bloomberg Sound On. 2 00:00:07,080 --> 00:00:09,840 Speaker 1: As we know the storm is coming. We want to 3 00:00:09,840 --> 00:00:12,760 Speaker 1: have people both get the bill done but then be 4 00:00:12,880 --> 00:00:15,120 Speaker 1: able to go home. The last vote was for a billion. 5 00:00:15,160 --> 00:00:17,640 Speaker 1: This is for another four or five billion. There is 6 00:00:17,680 --> 00:00:22,680 Speaker 1: no end of this. Yeas six eight twenty nine Bloomberg 7 00:00:22,880 --> 00:00:27,080 Speaker 1: Sound On Politics, Policy and Perspective from DC's top name. 8 00:00:27,600 --> 00:00:30,680 Speaker 1: Your money is not well. I didn't go to the 9 00:00:30,720 --> 00:00:32,760 Speaker 1: speech because I didn't want to be part of the 10 00:00:32,760 --> 00:00:36,400 Speaker 1: photo of Until Congress receives a full audit on where 11 00:00:36,440 --> 00:00:39,400 Speaker 1: our money has already gone, I will not support sending 12 00:00:39,440 --> 00:00:43,160 Speaker 1: additional money to the Star Bloomberg Sound On with Joe 13 00:00:43,200 --> 00:00:48,480 Speaker 1: Matthew on Bloomberg Radio. Lawmakers moved to keep the Grinch 14 00:00:48,520 --> 00:00:51,800 Speaker 1: from stealing Christmas, but we are not there yet. Welcome 15 00:00:51,800 --> 00:00:54,960 Speaker 1: to the fastest hour in politics. As the Senator approves 16 00:00:55,000 --> 00:00:58,280 Speaker 1: of one point seven trillion dollar budget, but the House 17 00:00:58,320 --> 00:01:00,760 Speaker 1: doesn't take it up until tomorrow, the same day the 18 00:01:00,800 --> 00:01:03,200 Speaker 1: government is set to run out of money. We're joined 19 00:01:03,200 --> 00:01:05,080 Speaker 1: by a man in the middle of it, Congressman Henry 20 00:01:05,120 --> 00:01:07,840 Speaker 1: quay Are, Democrat from Texas with us in just a 21 00:01:07,880 --> 00:01:11,080 Speaker 1: moment on funding the government and securing the border in 22 00:01:11,200 --> 00:01:14,200 Speaker 1: his district. Vladimir z Olenski is back in Ukraine a 23 00:01:14,280 --> 00:01:17,400 Speaker 1: day after he has addressed to Congress, and some Republicans 24 00:01:17,400 --> 00:01:20,200 Speaker 1: are still not convinced. We'll talk with Daniel Freed, former 25 00:01:20,319 --> 00:01:23,319 Speaker 1: US Ambassador to Poland now at the Atlantic Council on 26 00:01:23,480 --> 00:01:26,760 Speaker 1: funding the war, and we'll seek clarity with our signature 27 00:01:26,800 --> 00:01:30,280 Speaker 1: panel Bloomberg Politics contributors Jeanie Chanzano and Rick Davis or 28 00:01:30,319 --> 00:01:32,200 Speaker 1: with us for the hour. So we cut to the 29 00:01:32,280 --> 00:01:34,640 Speaker 1: chase tonight. The government is not going to shut down 30 00:01:34,680 --> 00:01:38,160 Speaker 1: tomorrow night. No one is threatening that. Nobody thinks that's 31 00:01:38,200 --> 00:01:40,560 Speaker 1: going to happen. But there is still work to do. 32 00:01:41,160 --> 00:01:45,200 Speaker 1: The Senate passed the one point seven trillion dollar omnibus 33 00:01:45,280 --> 00:01:54,600 Speaker 1: a bit earlier today. They's the twenty nine under the 34 00:01:54,680 --> 00:01:58,840 Speaker 1: previous order, requiring sixty votes for the doctor. The motions 35 00:01:59,040 --> 00:02:02,840 Speaker 1: concur in the House. A member of the Senate number 36 00:02:02,880 --> 00:02:07,320 Speaker 1: four with an amendment is agreed to. You can translate 37 00:02:07,400 --> 00:02:13,520 Speaker 1: that on your decoder ring. How about Patrick Lahy after 38 00:02:13,639 --> 00:02:16,600 Speaker 1: his farewell address presiding over the Senate. There So there 39 00:02:16,600 --> 00:02:20,080 Speaker 1: it is easy, easy move in the Senate again. One 40 00:02:20,120 --> 00:02:23,160 Speaker 1: point seven trillion dollars the headline on the terminal. Senate 41 00:02:23,160 --> 00:02:27,400 Speaker 1: passes giant funding bill with Ukraine aid and election fix. 42 00:02:28,040 --> 00:02:30,799 Speaker 1: Majority Leader Chuck Schumer, the second this has done, is 43 00:02:30,840 --> 00:02:33,880 Speaker 1: in the gallery talking to reporters and he says, this 44 00:02:34,200 --> 00:02:38,440 Speaker 1: entire result, this omnibus, was the result of the election. 45 00:02:38,480 --> 00:02:42,359 Speaker 1: Here he is the mainstream of the Republican Party is learning, 46 00:02:42,400 --> 00:02:46,920 Speaker 1: it has learned and is learning that. Um, you know, 47 00:02:47,160 --> 00:02:50,560 Speaker 1: the Trump way doesn't work and the Magaway doesn't work. 48 00:02:51,000 --> 00:02:53,000 Speaker 1: And that's why we got an omnibus that was as 49 00:02:53,040 --> 00:02:56,600 Speaker 1: successful as it was. That was the first test, and 50 00:02:57,160 --> 00:02:59,400 Speaker 1: it did have the people who were still there. But 51 00:02:59,520 --> 00:03:01,600 Speaker 1: you can be sure, you know, if you looked at 52 00:03:01,600 --> 00:03:05,320 Speaker 1: the votes, there was a desire on the Republican side, 53 00:03:05,360 --> 00:03:08,640 Speaker 1: despite the pressure from the magas in what the House, 54 00:03:08,720 --> 00:03:12,919 Speaker 1: Republicans said to get this done. This, by the way, 55 00:03:13,040 --> 00:03:16,040 Speaker 1: got done in the Senate only after a deal to 56 00:03:16,160 --> 00:03:18,799 Speaker 1: bring Senator Mike Lee's amendment to the floor that would 57 00:03:18,840 --> 00:03:22,520 Speaker 1: extend the title forty two restrictions at the border. And 58 00:03:22,560 --> 00:03:24,160 Speaker 1: now it goes to the House. By the way, that 59 00:03:24,160 --> 00:03:26,040 Speaker 1: amendment failed, it goes to the House. It looks like 60 00:03:26,080 --> 00:03:27,959 Speaker 1: we don't get votes still tomorrow morning. Now I thought 61 00:03:28,000 --> 00:03:30,560 Speaker 1: it was going to be a late working night, And 62 00:03:30,600 --> 00:03:34,440 Speaker 1: I guess that's pretty good news for Congressman Henry quay Are, 63 00:03:34,480 --> 00:03:37,520 Speaker 1: who joins us now, the Democrat from Texas whose border 64 00:03:37,720 --> 00:03:40,760 Speaker 1: sits whose district I should say sits on the border, 65 00:03:41,320 --> 00:03:44,240 Speaker 1: is with us. Uh. Congressman, thanks for being here. Is 66 00:03:44,760 --> 00:03:47,520 Speaker 1: the congressman right about that? As Senator Chuck Schumer right 67 00:03:47,560 --> 00:03:51,000 Speaker 1: about that that this omnibus wouldn't be happening without the 68 00:03:51,040 --> 00:03:55,400 Speaker 1: results of this election. Well, you know, I think the 69 00:03:55,440 --> 00:03:59,000 Speaker 1: omnis happened every election every year. At the ominous is 70 00:03:59,040 --> 00:04:02,080 Speaker 1: something that we have to pass. It's the most pass 71 00:04:02,200 --> 00:04:05,080 Speaker 1: bill legislation. But you know, after every election, as you know, 72 00:04:05,200 --> 00:04:09,760 Speaker 1: it always becomes a low interesting because June dynamics will 73 00:04:09,840 --> 00:04:12,920 Speaker 1: come in because a new majority might want to delay it. 74 00:04:13,200 --> 00:04:15,520 Speaker 1: So there's always new dynamics. But we have to pass 75 00:04:15,520 --> 00:04:18,680 Speaker 1: it every year. Sure, but it depends what goes in it. Uh. 76 00:04:18,720 --> 00:04:20,320 Speaker 1: And there was a lot of deal making here at 77 00:04:20,320 --> 00:04:22,120 Speaker 1: the last minute. What happens in the House. You're gonna 78 00:04:22,120 --> 00:04:25,320 Speaker 1: pass this tomorrow morning. Absolutely, we are going to go 79 00:04:25,360 --> 00:04:28,919 Speaker 1: ahead and pass it. And look, every bill is is 80 00:04:28,960 --> 00:04:32,600 Speaker 1: put together and there are different opinions. It's not the 81 00:04:33,000 --> 00:04:36,160 Speaker 1: way I wanted, or somebody else might want it, but 82 00:04:36,200 --> 00:04:39,680 Speaker 1: it's it's combined together and we are going to pass it. 83 00:04:39,920 --> 00:04:43,080 Speaker 1: And there is money for homeland you know, I'm very 84 00:04:43,120 --> 00:04:46,240 Speaker 1: interested on that. I said in three committed homeland defense 85 00:04:46,279 --> 00:04:49,240 Speaker 1: and of course agg but talking about the border, there 86 00:04:49,320 --> 00:04:53,600 Speaker 1: is money for border security here. This wouldn't have come 87 00:04:53,640 --> 00:04:59,000 Speaker 1: about unless Mike Lee's amendment was was struck down or 88 00:04:59,200 --> 00:05:01,280 Speaker 1: or allowed on the or it was struck down, and 89 00:05:01,400 --> 00:05:03,719 Speaker 1: there I could get into a lot of sort of 90 00:05:03,760 --> 00:05:06,599 Speaker 1: politics here about what that might have meant for the House. 91 00:05:07,200 --> 00:05:09,640 Speaker 1: But knowing that that is not there, and knowing that 92 00:05:09,720 --> 00:05:13,240 Speaker 1: Title forty two is bound up in court, what is 93 00:05:13,279 --> 00:05:16,320 Speaker 1: your thought right now on the status of security on 94 00:05:16,360 --> 00:05:22,119 Speaker 1: the border in your district? Well, surely, uh, Title forty 95 00:05:22,120 --> 00:05:24,160 Speaker 1: two looks like it's going to go away. It's a 96 00:05:24,320 --> 00:05:28,520 Speaker 1: health order, it's not an immigration order. You want that 97 00:05:28,560 --> 00:05:33,600 Speaker 1: to happen. But I wanted to extend to the administration 98 00:05:33,640 --> 00:05:36,480 Speaker 1: comes up with a new policy, a policy that will 99 00:05:36,520 --> 00:05:40,800 Speaker 1: allow the migrant seekers to go in and an early 100 00:05:40,920 --> 00:05:44,040 Speaker 1: pathway through the ports of entry or online and ask 101 00:05:44,160 --> 00:05:47,080 Speaker 1: for asylum. And if they come in between ports of 102 00:05:47,200 --> 00:05:49,880 Speaker 1: entries like they're doing right now, either they will be 103 00:05:49,920 --> 00:05:53,200 Speaker 1: asked to go voluntarily return themselves or they're going to 104 00:05:53,279 --> 00:05:55,640 Speaker 1: be deported with some sort of penalty where they cannot 105 00:05:55,640 --> 00:05:58,760 Speaker 1: apply for the next five years or so for asylum. 106 00:05:58,880 --> 00:06:03,560 Speaker 1: We gotta have sequences. The problem is there are no consequences. 107 00:06:03,839 --> 00:06:06,400 Speaker 1: We can add technology, we can add personnel, but you've 108 00:06:06,400 --> 00:06:09,840 Speaker 1: got to have the right policy with the mixture of 109 00:06:09,880 --> 00:06:12,599 Speaker 1: personnel and technology. Are you at add to the White 110 00:06:12,640 --> 00:06:16,719 Speaker 1: House on that? Well, I've always from the very beginning, 111 00:06:16,880 --> 00:06:20,560 Speaker 1: and I can tell you December tenth, Uh. December ten 112 00:06:22,080 --> 00:06:25,159 Speaker 1: is when I call the transition team, the buying transistent team, 113 00:06:25,560 --> 00:06:27,839 Speaker 1: and I said, hey, look, I want to offer my services. 114 00:06:28,200 --> 00:06:32,480 Speaker 1: My understanding is December I was already telling them that 115 00:06:32,600 --> 00:06:36,280 Speaker 1: people were lining up to come across uh, and I 116 00:06:36,360 --> 00:06:38,919 Speaker 1: kept on trying to talk to them. But they have 117 00:06:39,080 --> 00:06:43,200 Speaker 1: a different mindset. And unfortunately, without due respect, a lot 118 00:06:43,279 --> 00:06:47,280 Speaker 1: of the people that have the White House have immigration background, 119 00:06:47,279 --> 00:06:49,800 Speaker 1: which is okay, But who's listening to the men and 120 00:06:49,880 --> 00:06:53,640 Speaker 1: women in green who's listening to the border community. Somebody's 121 00:06:53,680 --> 00:06:57,200 Speaker 1: got to listen to my border communities. Well, this is 122 00:06:57,200 --> 00:06:59,200 Speaker 1: a tough spot here, knowing that this is going to 123 00:06:59,240 --> 00:07:01,680 Speaker 1: be a court to see Asian and not likely a 124 00:07:01,760 --> 00:07:04,680 Speaker 1: legislative one. Do you have any sense of timing on 125 00:07:04,720 --> 00:07:09,000 Speaker 1: when the Supreme Court comes back around in title forty two? Uh? No, 126 00:07:09,240 --> 00:07:12,320 Speaker 1: we don't. You know, they ask for those briefs pretty quickly, 127 00:07:12,400 --> 00:07:15,480 Speaker 1: and we'll wait for what happens. But I'm hoping that 128 00:07:15,520 --> 00:07:18,320 Speaker 1: the uh, that the administration will come up with a 129 00:07:18,400 --> 00:07:22,480 Speaker 1: policy that will have an orderly pathway for asylum seekers 130 00:07:22,520 --> 00:07:25,520 Speaker 1: and consequences that they don't. Is there enough money in 131 00:07:25,560 --> 00:07:29,160 Speaker 1: this budget to help this? I mean at some point here, Uh, 132 00:07:29,240 --> 00:07:31,640 Speaker 1: you know, the floodgates could open. As we understand, there 133 00:07:31,640 --> 00:07:34,120 Speaker 1: are a ten or twenty thousand people just waiting for 134 00:07:34,160 --> 00:07:38,040 Speaker 1: this policy changed across the border. Actually it's closer to 135 00:07:38,120 --> 00:07:42,040 Speaker 1: fifty tho. I've talked to folks, uh, and it's closer 136 00:07:42,120 --> 00:07:45,280 Speaker 1: to fifty And I think, Uh, all you have to 137 00:07:45,320 --> 00:07:47,800 Speaker 1: do is every day just see what's happening at the border, 138 00:07:47,840 --> 00:07:50,120 Speaker 1: and they're coming in and more. If we don't have 139 00:07:50,200 --> 00:07:53,280 Speaker 1: a policy that sends a strong message that there are 140 00:07:53,360 --> 00:07:56,840 Speaker 1: conseant points, we can keep throwing money at the border, 141 00:07:57,600 --> 00:08:00,760 Speaker 1: but if we don't have the right policy that is 142 00:08:01,480 --> 00:08:04,440 Speaker 1: having people obey the law, then it's it's not gonna happen. 143 00:08:04,480 --> 00:08:06,560 Speaker 1: And by the way, the other thing is we got 144 00:08:06,560 --> 00:08:08,680 Speaker 1: to get our friends across the river to do a 145 00:08:08,680 --> 00:08:11,840 Speaker 1: little bit more. Mexico has a law that says that 146 00:08:12,040 --> 00:08:15,600 Speaker 1: anybody that transit Mexico has to come in through a 147 00:08:15,680 --> 00:08:19,240 Speaker 1: legal port of entry or airport and they have to 148 00:08:19,360 --> 00:08:22,760 Speaker 1: transit the same way. They're not doing that. So if 149 00:08:22,800 --> 00:08:26,560 Speaker 1: Mexico were just enforce this law, and we enforce our laws, 150 00:08:27,120 --> 00:08:32,200 Speaker 1: I think this could stop rather quickly. Very interesting. We're 151 00:08:32,200 --> 00:08:35,480 Speaker 1: spending time with Congressman Henry quay Are, Democrat from Texas, 152 00:08:35,600 --> 00:08:38,000 Speaker 1: who's preparing to vote just to get back to where 153 00:08:38,040 --> 00:08:41,360 Speaker 1: we started on this omnibus budget. So everybody can go home. 154 00:08:41,400 --> 00:08:43,520 Speaker 1: I know your your colleagues in the Senate are probably 155 00:08:43,559 --> 00:08:48,280 Speaker 1: on airplanes right now. Congressman. Uh. The the analysis in 156 00:08:48,360 --> 00:08:52,880 Speaker 1: Washington was that if that mic Ly amendment had passed, 157 00:08:53,080 --> 00:08:57,040 Speaker 1: Entitled forty two was extended in this bill, it could 158 00:08:57,120 --> 00:08:59,120 Speaker 1: not have passed the House. That there would have been 159 00:08:59,120 --> 00:09:03,959 Speaker 1: a revolt among progressives in your party. Was that correct? 160 00:09:05,040 --> 00:09:07,440 Speaker 1: That is correct. I mean some of us do support 161 00:09:07,840 --> 00:09:10,400 Speaker 1: Title forty two, but there are a lot of progressives 162 00:09:10,400 --> 00:09:13,200 Speaker 1: that don't. Since we have a very slim majority, and 163 00:09:13,280 --> 00:09:15,720 Speaker 1: we don't know how many Republicans, and as you know, 164 00:09:15,840 --> 00:09:20,079 Speaker 1: the Republican leadership equipping against the bill, then that would 165 00:09:20,080 --> 00:09:24,400 Speaker 1: have put this bill in jeopardy. And uh and even 166 00:09:24,400 --> 00:09:28,040 Speaker 1: though I support Title forty two, in this particular situation, 167 00:09:28,240 --> 00:09:32,160 Speaker 1: I think it would have not made sense. Congressmen, before 168 00:09:32,200 --> 00:09:33,640 Speaker 1: you leave us, do you have a sense of timing 169 00:09:33,679 --> 00:09:37,400 Speaker 1: tomorrow on these votes? I understand that Stenny Hoyer, the 170 00:09:37,440 --> 00:09:40,640 Speaker 1: majority leader, has declared nine am the time for the 171 00:09:40,679 --> 00:09:43,800 Speaker 1: earliest votes. But how many amendments? How much debate will 172 00:09:43,800 --> 00:09:48,360 Speaker 1: take place? Uh? There will be some amendments that might 173 00:09:48,360 --> 00:09:50,760 Speaker 1: be offered and withdraw, like some of us are going 174 00:09:50,800 --> 00:09:54,400 Speaker 1: to be offering an amendment to withdraw on Dreamers, but uh, 175 00:09:54,800 --> 00:09:58,079 Speaker 1: I don't they will. Uh, they will be no amendments 176 00:09:58,200 --> 00:10:01,200 Speaker 1: on the floor. I can predict that. So it's just 177 00:10:01,240 --> 00:10:03,200 Speaker 1: going to be an up and down vote on it. 178 00:10:03,559 --> 00:10:05,320 Speaker 1: And I predict that we are going to keep the 179 00:10:05,400 --> 00:10:08,360 Speaker 1: government open and we'll get it done tomorrow. So this 180 00:10:08,360 --> 00:10:12,600 Speaker 1: will be quick. It should be quick. After the debate, 181 00:10:13,760 --> 00:10:15,719 Speaker 1: I hope you get back to where you're going. You're 182 00:10:15,760 --> 00:10:20,920 Speaker 1: on an airplane at Texas right after I'll just say this, Uh, 183 00:10:21,080 --> 00:10:25,480 Speaker 1: Texas is a lot warm with and based on what 184 00:10:25,600 --> 00:10:28,040 Speaker 1: I see coming, you're moving in the right direction. Congressman, 185 00:10:28,600 --> 00:10:30,240 Speaker 1: thank you for coming back. We'd like to talk to 186 00:10:30,280 --> 00:10:32,800 Speaker 1: you more about the border security in the new year 187 00:10:32,800 --> 00:10:35,520 Speaker 1: and see where this debate goes over Title forty two. 188 00:10:35,520 --> 00:10:38,280 Speaker 1: Congressman Henry quay Are, the Democrat from Texas who tweeted 189 00:10:38,600 --> 00:10:42,240 Speaker 1: twenty two hours ago, the U. S should immediately implement 190 00:10:42,240 --> 00:10:45,240 Speaker 1: a policy for asylum seekers where they request relief in 191 00:10:45,280 --> 00:10:50,640 Speaker 1: an orderly pathway, and there should be strong consequences, including removal, 192 00:10:50,679 --> 00:10:53,640 Speaker 1: for those who don't follow the proper procedures. He's an 193 00:10:53,640 --> 00:10:56,840 Speaker 1: outlier in many ways in his Democratic Party, and certainly, 194 00:10:57,200 --> 00:11:00,320 Speaker 1: as he just made clear, does not the eye to 195 00:11:00,320 --> 00:11:01,920 Speaker 1: eye with the White House on a lot of this. 196 00:11:02,320 --> 00:11:04,800 Speaker 1: Let's assemble the panel. I'm glad to say Jeannie Schanzano 197 00:11:04,880 --> 00:11:08,319 Speaker 1: and Rick Davis are with us Bloomberg Politics contributors. They 198 00:11:08,360 --> 00:11:10,680 Speaker 1: finally got something done here in the Senate. Rick, you, 199 00:11:10,760 --> 00:11:14,160 Speaker 1: of course spent so much time there. What's that feeling 200 00:11:14,160 --> 00:11:16,240 Speaker 1: when it goes over to the House, do you sort of, 201 00:11:17,160 --> 00:11:19,520 Speaker 1: you know, gird your teeth and and just hope that 202 00:11:19,559 --> 00:11:21,920 Speaker 1: everything goes all right? No, you just forget about and 203 00:11:21,920 --> 00:11:24,000 Speaker 1: get out of town. Do you get on an airplane? Yeah? 204 00:11:24,040 --> 00:11:26,160 Speaker 1: I mean, look, I mean the luxury the Senate has 205 00:11:26,440 --> 00:11:28,680 Speaker 1: is very few of their bills fail in the House, 206 00:11:28,920 --> 00:11:32,000 Speaker 1: and so they have a record of accomplishment that, uh, 207 00:11:32,040 --> 00:11:35,400 Speaker 1: they know that if they can get it done, especially 208 00:11:36,240 --> 00:11:38,960 Speaker 1: a vote like sixty twenty nine, where there's it's a 209 00:11:39,080 --> 00:11:41,720 Speaker 1: it's a it's a no w Uh, they know that 210 00:11:41,720 --> 00:11:45,120 Speaker 1: that it's going to sail through. Uh. Frankly, they've had 211 00:11:45,160 --> 00:11:49,320 Speaker 1: the uh benefit for quite some time of having Nancy Pelosi, 212 00:11:49,360 --> 00:11:52,480 Speaker 1: who actually runs pretty tight ship in the House. And uh, 213 00:11:52,520 --> 00:11:56,040 Speaker 1: and so it'll be interesting to see next year whether 214 00:11:56,120 --> 00:11:58,480 Speaker 1: or not this kind of outcome can be reinforced in 215 00:11:58,520 --> 00:12:02,480 Speaker 1: the House. If if Kevin McCarthy is a speaker with 216 00:12:02,600 --> 00:12:05,520 Speaker 1: a with a with a caucus is pretty unruly. So 217 00:12:05,559 --> 00:12:08,240 Speaker 1: this sales right through tomorrow morning. I guess, Genie, as 218 00:12:08,240 --> 00:12:10,520 Speaker 1: we mentioned, nine am, is when things get going in 219 00:12:10,559 --> 00:12:14,920 Speaker 1: the House. I suspect by lunch, house members are headed 220 00:12:15,000 --> 00:12:18,839 Speaker 1: for National Airport. Um. What did you make of Congressman 221 00:12:18,880 --> 00:12:22,640 Speaker 1: Quaar's commentary on the way this immigration debate went down? 222 00:12:22,720 --> 00:12:25,800 Speaker 1: He he doesn't seem to feel like there's enough money 223 00:12:25,880 --> 00:12:29,120 Speaker 1: or more importantly planning for what is about to happen. Yeah, 224 00:12:29,160 --> 00:12:32,040 Speaker 1: I mean, it's such an important conversation and I'm so 225 00:12:32,120 --> 00:12:35,120 Speaker 1: glad to hear from him on sound On because he 226 00:12:35,280 --> 00:12:37,720 Speaker 1: is a very important voice in the Democratic Party. We 227 00:12:37,800 --> 00:12:41,320 Speaker 1: don't hear enough on the Democratic side. He is somebody 228 00:12:41,360 --> 00:12:44,760 Speaker 1: who was primaried by the far left. People like Alexandro 229 00:12:44,760 --> 00:12:48,719 Speaker 1: Ocasio Cortez put up a challenger to him because they 230 00:12:48,760 --> 00:12:51,599 Speaker 1: feel he is far too conservative and that is reflected 231 00:12:51,640 --> 00:12:56,440 Speaker 1: in his views on immigration. And you know, the Democratic 232 00:12:56,480 --> 00:12:59,000 Speaker 1: Party has got to be broader than that if they 233 00:12:59,000 --> 00:13:01,600 Speaker 1: are going to build to a core. And he makes 234 00:13:01,600 --> 00:13:04,800 Speaker 1: a very important case for Title forty two is going away, 235 00:13:04,840 --> 00:13:07,920 Speaker 1: There's no question about that. But it can't go away 236 00:13:07,960 --> 00:13:10,440 Speaker 1: with nothing in its place. And that's where he has 237 00:13:10,480 --> 00:13:13,200 Speaker 1: an important message to send. And it's a message that 238 00:13:13,240 --> 00:13:15,319 Speaker 1: he's been trying to send if you listen to him, 239 00:13:15,360 --> 00:13:18,400 Speaker 1: as I know you do to the Biden administration for 240 00:13:18,480 --> 00:13:20,679 Speaker 1: a long time, and he doesn't feel like it's been 241 00:13:21,080 --> 00:13:23,520 Speaker 1: gotten through. And so I think it would be in 242 00:13:23,520 --> 00:13:26,520 Speaker 1: common on the Biden administration to take seriously the arguments 243 00:13:26,520 --> 00:13:30,080 Speaker 1: of Democrats living on the border. And he is somebody 244 00:13:30,080 --> 00:13:32,600 Speaker 1: who I think has a reasonable position in saying you 245 00:13:32,640 --> 00:13:36,640 Speaker 1: can't just have people streaming in Title forty two lifted 246 00:13:36,720 --> 00:13:39,480 Speaker 1: and nothing in its place. Congress is not going to 247 00:13:39,520 --> 00:13:42,840 Speaker 1: pass comprehensive immigration reform in the next year. We know that. 248 00:13:43,280 --> 00:13:45,720 Speaker 1: So something has got to be done to address it, 249 00:13:46,000 --> 00:13:48,280 Speaker 1: and that is up to the Biden administration. It's not 250 00:13:48,400 --> 00:13:51,520 Speaker 1: a great situation for anybody, but it's the best we 251 00:13:51,559 --> 00:13:54,760 Speaker 1: can do. It's probably going to be by executive order. Yeah, 252 00:13:54,760 --> 00:13:56,800 Speaker 1: this is something Rick, Does that mean that Mike Lee 253 00:13:56,840 --> 00:14:01,400 Speaker 1: actually succeeded in getting this conversation going on a more 254 00:14:01,480 --> 00:14:04,880 Speaker 1: mainstream level even though that amendment failed. You know, look, 255 00:14:04,920 --> 00:14:07,320 Speaker 1: anytime that you know you can at least test the 256 00:14:07,360 --> 00:14:11,400 Speaker 1: system see who's voting with you and against you, is 257 00:14:11,480 --> 00:14:14,080 Speaker 1: some element of progress. But I would say, you know, 258 00:14:14,160 --> 00:14:17,000 Speaker 1: without comprehensive reform, it's highly unlikely you're ever going to 259 00:14:17,080 --> 00:14:19,240 Speaker 1: cobble together the kind of votes you need to pass 260 00:14:19,960 --> 00:14:22,000 Speaker 1: any one of these because on their own they have 261 00:14:22,400 --> 00:14:25,680 Speaker 1: a lot of opposition. Uh. And and so if you 262 00:14:25,720 --> 00:14:28,400 Speaker 1: put them together in a package, and the package can 263 00:14:28,440 --> 00:14:31,000 Speaker 1: garner enough support to actually get passed, and there are 264 00:14:31,080 --> 00:14:33,640 Speaker 1: trade offs, Those trade offs are what the strength of 265 00:14:33,640 --> 00:14:35,880 Speaker 1: the bill will be. And that's why I think it's 266 00:14:35,880 --> 00:14:38,040 Speaker 1: a fallacy to go after Dreamers a loan, or Title 267 00:14:38,080 --> 00:14:40,680 Speaker 1: forty two a loan, or border security a loan, because 268 00:14:40,720 --> 00:14:42,840 Speaker 1: on its own, none of those have the kind of 269 00:14:42,880 --> 00:14:45,880 Speaker 1: support that they need. But together they could create a 270 00:14:45,920 --> 00:14:48,280 Speaker 1: coalition of the willing to get something finally done on 271 00:14:48,280 --> 00:14:51,840 Speaker 1: immigration reform. When you pull out here, zoom out for 272 00:14:51,920 --> 00:14:55,040 Speaker 1: a moment, Genie, and look at this bill being passed 273 00:14:55,080 --> 00:14:58,360 Speaker 1: likely tomorrow, I'm assuming no one has any doubt about 274 00:14:58,360 --> 00:15:01,480 Speaker 1: that at this point. Chuck Schumer was in a pretty 275 00:15:01,480 --> 00:15:04,320 Speaker 1: good mood when he when he strode into the radio 276 00:15:04,400 --> 00:15:08,200 Speaker 1: TV gallery to answer sort of year end questions from 277 00:15:08,280 --> 00:15:10,840 Speaker 1: reporters today. Is this a big win for him? Even 278 00:15:10,840 --> 00:15:14,400 Speaker 1: though it's three monthsly? It really is. I have to say, 279 00:15:14,560 --> 00:15:17,120 Speaker 1: Chuck Schumer was not somebody I was banking on at 280 00:15:17,120 --> 00:15:19,320 Speaker 1: the beginning of the year or last year. To have 281 00:15:19,520 --> 00:15:21,560 Speaker 1: the year he has had. He has got to feel 282 00:15:21,600 --> 00:15:25,200 Speaker 1: really good about the year he has had, the legislation 283 00:15:25,280 --> 00:15:28,640 Speaker 1: they have pushed through in a really, really tough environment, 284 00:15:28,920 --> 00:15:31,480 Speaker 1: and of course capped by this bill. I agree, it 285 00:15:31,600 --> 00:15:34,160 Speaker 1: is not ideal. It is monthsly. It is you know, 286 00:15:34,280 --> 00:15:36,400 Speaker 1: nobody has time to look at it, as you've talked about, 287 00:15:36,400 --> 00:15:39,760 Speaker 1: it's over four thousand pages. All of that said, important 288 00:15:39,760 --> 00:15:42,440 Speaker 1: things in here, like the Ukraine Aid, like the TikTok Band, 289 00:15:42,480 --> 00:15:45,480 Speaker 1: like the Electoral count Act and other things. I think 290 00:15:45,720 --> 00:15:48,040 Speaker 1: he can go home feeling like he's had a really 291 00:15:48,040 --> 00:15:51,080 Speaker 1: good year. And again, I don't think many people expected 292 00:15:51,120 --> 00:15:53,000 Speaker 1: out of Chuck Schumer what he's been able to liver 293 00:15:53,120 --> 00:15:55,880 Speaker 1: as majority leader. And he's doing it again next year, 294 00:15:55,920 --> 00:15:58,440 Speaker 1: which is the stunning part. Thinks in large part to 295 00:15:58,520 --> 00:16:01,720 Speaker 1: Donald Trump. He's in the time. At the same time, 296 00:16:01,800 --> 00:16:05,000 Speaker 1: Rick Mitch McConnell scored a major victory with defense spending. 297 00:16:05,040 --> 00:16:07,560 Speaker 1: They both go home feeling good about him. Yeah, there's 298 00:16:07,560 --> 00:16:10,960 Speaker 1: a high fives in the Senate on both sides of 299 00:16:11,000 --> 00:16:14,520 Speaker 1: the pile. I mean, big increases in defense spending. Got 300 00:16:14,560 --> 00:16:17,760 Speaker 1: the package that Republicans wanted without a commensurate increase in 301 00:16:17,800 --> 00:16:20,680 Speaker 1: domestic spending. Um. You know, look, I mean this is 302 00:16:21,240 --> 00:16:23,440 Speaker 1: it's not the perfect way for government to operate, but 303 00:16:23,560 --> 00:16:25,640 Speaker 1: it got it done. This time. We're walking out with 304 00:16:25,760 --> 00:16:28,200 Speaker 1: Rick and Jennie on a Thursday here on the fastest 305 00:16:28,240 --> 00:16:31,240 Speaker 1: hour in politics. The panel stays with us as we 306 00:16:31,280 --> 00:16:36,000 Speaker 1: look to the leadership fight next. This is Bloomberg. This 307 00:16:36,560 --> 00:16:41,400 Speaker 1: is Bloomberg Son on with Joe Matthew on Bloomberg Radio. 308 00:16:43,440 --> 00:16:46,840 Speaker 1: Fascinating to hear the analysis in Doug Prisoner's update. There 309 00:16:46,880 --> 00:16:50,600 Speaker 1: the idea that this omnibus that they've been wrestling over, 310 00:16:50,680 --> 00:16:53,960 Speaker 1: this massive budget one point seven trillion dollars will inject 311 00:16:54,080 --> 00:16:57,920 Speaker 1: enough life into the economy to actually make a positive 312 00:16:58,000 --> 00:17:03,080 Speaker 1: difference as out in the market comes back around again 313 00:17:03,120 --> 00:17:05,879 Speaker 1: as good politics. I suppose we reassemble the panel, Rick 314 00:17:05,960 --> 00:17:09,560 Speaker 1: Davis and Jeannie Schanzano or with us here on sound on. 315 00:17:09,600 --> 00:17:11,160 Speaker 1: What do you make of that? Rick? Or is that 316 00:17:11,280 --> 00:17:13,760 Speaker 1: is that wishful thinking? There are a lot of Republicans 317 00:17:14,000 --> 00:17:16,680 Speaker 1: who are upset about this, the scale and the size 318 00:17:17,280 --> 00:17:20,560 Speaker 1: of the spending. Here is suggesting it would be inflationary 319 00:17:20,640 --> 00:17:24,280 Speaker 1: and continue a lot of the challenges we're dealing with. Yeah, 320 00:17:24,280 --> 00:17:26,960 Speaker 1: it's it's interesting to have conversations with members when they 321 00:17:27,000 --> 00:17:29,040 Speaker 1: start talking about, you know, we've spent too much money. 322 00:17:29,119 --> 00:17:31,840 Speaker 1: One point seven trillion dollars is going to you know, 323 00:17:31,880 --> 00:17:34,680 Speaker 1: add to the inflation bucket, and and then you start saying, 324 00:17:34,720 --> 00:17:37,280 Speaker 1: what you know, the eight billion of that was defense spending. 325 00:17:37,320 --> 00:17:40,320 Speaker 1: Oh yeah, but that's fine, we cannot do that. Um. 326 00:17:40,400 --> 00:17:42,560 Speaker 1: And so yeah, you know, look, I mean it's a 327 00:17:42,600 --> 00:17:45,919 Speaker 1: tailor two cities. Right. Everybody wants these programs because they 328 00:17:46,080 --> 00:17:48,880 Speaker 1: have some particular interest in it, either from a national 329 00:17:49,000 --> 00:17:53,159 Speaker 1: security or you know, government policy point of view. Um. 330 00:17:53,200 --> 00:17:55,920 Speaker 1: But they don't really take into consideration very often and 331 00:17:56,080 --> 00:17:58,480 Speaker 1: that impact on the economy. I mean, like, when did 332 00:17:58,480 --> 00:18:00,920 Speaker 1: we ever hear anyone say, gee, I'm really worried about 333 00:18:00,960 --> 00:18:04,600 Speaker 1: inflationary aspects of a one point seven dollar trillion one 334 00:18:04,600 --> 00:18:08,280 Speaker 1: point seven trillion dollar federal budget. Uh? And so I 335 00:18:08,680 --> 00:18:10,800 Speaker 1: do think this is going to come home to roost 336 00:18:10,840 --> 00:18:14,200 Speaker 1: next year. Uh. People will still be focused on inflation, 337 00:18:14,720 --> 00:18:18,160 Speaker 1: worried about recession and these kinds of spending. I mean, look, 338 00:18:18,280 --> 00:18:20,600 Speaker 1: this is a joint effort, as we've said many times. 339 00:18:20,600 --> 00:18:23,520 Speaker 1: Sixty eight votes for this in the Senate, Republicans and 340 00:18:23,560 --> 00:18:27,199 Speaker 1: Democrats that like piled on the travel. So it'll be 341 00:18:27,200 --> 00:18:29,320 Speaker 1: interesting to see next year's debate. Well you know what 342 00:18:29,440 --> 00:18:31,000 Speaker 1: it comes of course at a time is the Federal 343 00:18:31,080 --> 00:18:35,400 Speaker 1: Reserve is hiking interest rates to to beat inflation. Genie. 344 00:18:35,440 --> 00:18:38,800 Speaker 1: Is the White House helping to stoke the fire while 345 00:18:38,800 --> 00:18:41,520 Speaker 1: they're at it? You know they are and and the 346 00:18:41,640 --> 00:18:43,520 Speaker 1: I mean, it's not a stimulus bill. We should be 347 00:18:43,560 --> 00:18:45,320 Speaker 1: clear about that, right, this is the budget for crying 348 00:18:45,320 --> 00:18:49,159 Speaker 1: out loud, But there are significant increases. There are significant increases. 349 00:18:49,200 --> 00:18:52,200 Speaker 1: And the reality is, for all of the really intense 350 00:18:52,280 --> 00:18:56,479 Speaker 1: debates we have or hear about over discretionary spending, the 351 00:18:56,520 --> 00:19:00,160 Speaker 1: most important thing that has to happen is to address 352 00:19:00,240 --> 00:19:03,560 Speaker 1: those mandatory programs. And there's only two choices. I mean, 353 00:19:03,600 --> 00:19:06,080 Speaker 1: in some ways it's really simple. You either slow the 354 00:19:06,119 --> 00:19:10,400 Speaker 1: spending on things like Social Security, Medicare, or you raise revenue. 355 00:19:10,680 --> 00:19:13,480 Speaker 1: Nobody is politically prepared to do either. I mean, look 356 00:19:13,520 --> 00:19:16,960 Speaker 1: at Rick Scott. He made this proposal. It was political 357 00:19:17,040 --> 00:19:19,720 Speaker 1: suicide for the Republicans. They walked away from it. The 358 00:19:19,760 --> 00:19:23,199 Speaker 1: Democrats used at all election season. But the reality is, 359 00:19:23,400 --> 00:19:26,280 Speaker 1: if you want to have a concerted conversation, it's slowing 360 00:19:26,320 --> 00:19:29,280 Speaker 1: those programs or raising revenue, and neither is going to 361 00:19:29,359 --> 00:19:32,000 Speaker 1: happen in the new year. And that's the you know, 362 00:19:32,119 --> 00:19:36,920 Speaker 1: sort of frustrating aspect of what's going on in Washington, 363 00:19:37,000 --> 00:19:40,080 Speaker 1: d C. As spending increases by large amounts, and it 364 00:19:40,160 --> 00:19:42,960 Speaker 1: has over the last several years. That's that doesn't mean though, 365 00:19:42,960 --> 00:19:44,719 Speaker 1: that we're going to actually have a debate over spending 366 00:19:44,720 --> 00:19:47,240 Speaker 1: in the presidential campaign, are we rick, Oh for sure. 367 00:19:47,280 --> 00:19:49,879 Speaker 1: I mean Republicans running against each other, We'll pile on 368 00:19:49,960 --> 00:19:52,359 Speaker 1: the Democrats saying, wow, you know this is you know, 369 00:19:52,400 --> 00:19:56,280 Speaker 1: out of control government spending. Democrats never saw a taxpayer. 370 00:19:56,280 --> 00:19:59,160 Speaker 1: They didn't want to fleece, and and and and yet 371 00:19:59,280 --> 00:20:02,240 Speaker 1: they've done exactly the same thing throughout the entire course 372 00:20:02,280 --> 00:20:05,440 Speaker 1: of the last couple of decades. So, uh, look, if 373 00:20:05,480 --> 00:20:08,160 Speaker 1: we can get back to having that debate in earnest, 374 00:20:08,200 --> 00:20:11,920 Speaker 1: it's great for the country. But I really think that, uh, 375 00:20:12,000 --> 00:20:14,600 Speaker 1: we're gonna wait a while before we see a Congress 376 00:20:14,640 --> 00:20:19,720 Speaker 1: actually spend our decreased spending and put into effect limitations 377 00:20:19,800 --> 00:20:21,960 Speaker 1: on spending that we used to have, that that that 378 00:20:22,040 --> 00:20:24,879 Speaker 1: helped govern that kind of activity. It was the last 379 00:20:25,240 --> 00:20:29,399 Speaker 1: news briefing today from Nancy Pelosi as Speaker, which was 380 00:20:29,400 --> 00:20:31,800 Speaker 1: pretty remarkable. We thought that might have been the case 381 00:20:31,880 --> 00:20:35,840 Speaker 1: last week. She ended up scheduling another because of this 382 00:20:35,920 --> 00:20:39,760 Speaker 1: budget coming back to the House, and she was asked 383 00:20:39,840 --> 00:20:44,000 Speaker 1: interestingly if she had any advice for the incoming leadership here. 384 00:20:44,000 --> 00:20:47,199 Speaker 1: Of course, this is the final act that we're talking about. 385 00:20:47,640 --> 00:20:50,800 Speaker 1: Knowing that there's a new Democratic leadership, of course, with 386 00:20:50,880 --> 00:20:55,040 Speaker 1: hackem Jeffries and Kevin McCarthy across the aisle. Here's how 387 00:20:55,080 --> 00:20:57,960 Speaker 1: she answered, Well, I don't think anybody needs any advice 388 00:20:58,119 --> 00:21:00,840 Speaker 1: from anybody. You've heard me say, even about our own 389 00:21:00,880 --> 00:21:03,560 Speaker 1: distinguished leadership. I'm not going to be the mother in 390 00:21:03,600 --> 00:21:05,359 Speaker 1: law comes in and say this is the way my 391 00:21:05,400 --> 00:21:10,160 Speaker 1: son likes his turkey, stuffing, his scrambled eggs or anything else. 392 00:21:10,600 --> 00:21:14,560 Speaker 1: They have to have their own vitality about it all, 393 00:21:14,640 --> 00:21:16,600 Speaker 1: and they do. I don't know how you like your 394 00:21:16,600 --> 00:21:20,359 Speaker 1: scrambled eggs, Genie. But interesting when she's put on the 395 00:21:20,400 --> 00:21:23,959 Speaker 1: spot that she that she took the opportunity to not 396 00:21:24,040 --> 00:21:27,280 Speaker 1: answer that that's right, said like somebody who raised what 397 00:21:27,480 --> 00:21:31,120 Speaker 1: five kids and knew how to handle Donald Trump as 398 00:21:31,119 --> 00:21:33,960 Speaker 1: a result. And she's a hundred percent right. I mean, 399 00:21:34,040 --> 00:21:37,600 Speaker 1: Nancy Pelosi has been a brilliant speaker, a brilliant leader. 400 00:21:37,640 --> 00:21:40,239 Speaker 1: She's obviously not leaving Congress, just stepping down from her 401 00:21:40,320 --> 00:21:44,000 Speaker 1: leadership post, and she shows it there. She left them 402 00:21:44,080 --> 00:21:47,879 Speaker 1: without a succession fight. Hakim Jeffreys was able to swoop 403 00:21:47,920 --> 00:21:51,000 Speaker 1: in and while she may certainly talk to him, and 404 00:21:51,040 --> 00:21:53,600 Speaker 1: I'm sure has mentored him behind the scenes. She's not 405 00:21:53,600 --> 00:21:56,280 Speaker 1: going to do it publicly, and she is a hundred 406 00:21:56,320 --> 00:21:59,239 Speaker 1: percent right to approach it that way. And you know 407 00:21:59,240 --> 00:22:02,320 Speaker 1: who wouldn't want mother in law like that. The follow 408 00:22:02,400 --> 00:22:04,919 Speaker 1: up there, Rick was, you know, have you been in 409 00:22:05,000 --> 00:22:09,719 Speaker 1: talks with Kevin McCarthy. He he doesn't have this figured 410 00:22:09,720 --> 00:22:11,479 Speaker 1: out yet, but you'd think, you know, just for some 411 00:22:11,560 --> 00:22:14,119 Speaker 1: kind of a succession plan there might be a couple 412 00:22:14,119 --> 00:22:18,080 Speaker 1: of meetings. And the answer is basically no. Here's Peloso again. 413 00:22:18,440 --> 00:22:20,840 Speaker 1: We have some we have had a formal conversations, but 414 00:22:20,960 --> 00:22:25,880 Speaker 1: we're we interact and I'm just hoping that on January 415 00:22:25,920 --> 00:22:30,040 Speaker 1: three that they will be expeditiously able to elect a 416 00:22:30,080 --> 00:22:33,399 Speaker 1: speaker so that we can get on with the work 417 00:22:33,560 --> 00:22:37,760 Speaker 1: of the Congress. She seems genuine about that, you know, 418 00:22:38,000 --> 00:22:40,200 Speaker 1: he would be her speaker, not that she's going to 419 00:22:40,359 --> 00:22:42,560 Speaker 1: vote for him. Rick, I don't know what she does 420 00:22:42,600 --> 00:22:46,560 Speaker 1: about that. But in this particular case, does that lack 421 00:22:46,600 --> 00:22:48,879 Speaker 1: of continuity become a problem like it might be in 422 00:22:48,920 --> 00:22:52,800 Speaker 1: the White House. Not so much. Uh, They're going to 423 00:22:52,880 --> 00:22:55,480 Speaker 1: react to the president's agenda to some degree, so that 424 00:22:55,600 --> 00:22:58,680 Speaker 1: there's an agenda setting, exercises going to happen from the 425 00:22:58,680 --> 00:23:01,000 Speaker 1: White House. State of the Union is in January, and 426 00:23:01,040 --> 00:23:03,800 Speaker 1: that will be a lot of the focus of attention, uh, 427 00:23:03,960 --> 00:23:08,240 Speaker 1: doling out committee assignments and chairmanships and whatnot. But uh, look, 428 00:23:08,240 --> 00:23:10,560 Speaker 1: I think the point she makes is an important one, 429 00:23:10,560 --> 00:23:13,520 Speaker 1: and that is she hopes it actually happens expeditiously. In 430 00:23:13,520 --> 00:23:16,639 Speaker 1: other words, like, we're not halfway through the month of 431 00:23:17,240 --> 00:23:19,240 Speaker 1: January and we're still debating who's going to be the 432 00:23:19,240 --> 00:23:21,320 Speaker 1: Speaker of the House. Well, so what are you hearing? 433 00:23:21,359 --> 00:23:24,240 Speaker 1: I mean this, This seems to be uh, not getting 434 00:23:24,280 --> 00:23:27,159 Speaker 1: easier for Kevin McCarthy. You tend to think that time 435 00:23:27,960 --> 00:23:30,280 Speaker 1: might really be what it takes here, but you've you've 436 00:23:30,280 --> 00:23:33,000 Speaker 1: got some members who are really dug in and Democrats 437 00:23:33,359 --> 00:23:36,840 Speaker 1: Rake aren't gonna be running to his rescue now. Time 438 00:23:36,920 --> 00:23:40,000 Speaker 1: is not his friend. The longer he goes without tween 439 00:23:40,080 --> 00:23:44,240 Speaker 1: yeses uh publicly announced for him, Uh, he puts himself 440 00:23:44,320 --> 00:23:48,320 Speaker 1: in jeopardy. We already have anecdotal evidence that people Republicans 441 00:23:48,320 --> 00:23:51,359 Speaker 1: are going to Steven Scaleese and others saying keep your 442 00:23:51,400 --> 00:23:53,520 Speaker 1: powder dry. This might not work for out for him. 443 00:23:53,600 --> 00:23:55,520 Speaker 1: I'd be for you if you were willing to do it. 444 00:23:55,600 --> 00:23:58,400 Speaker 1: And and and and so look, I mean, these are 445 00:23:58,440 --> 00:24:01,760 Speaker 1: these are games that are played at the highest level. Um. Uh, 446 00:24:02,119 --> 00:24:04,280 Speaker 1: never trust your colleague. The only thing worse than a 447 00:24:04,320 --> 00:24:07,840 Speaker 1: Democrat is your colleague a Republican. And and they never 448 00:24:07,880 --> 00:24:10,280 Speaker 1: tell you the truth, right that a license to lie 449 00:24:10,480 --> 00:24:13,640 Speaker 1: is called being a congressman. Uh. And so uh, it's 450 00:24:13,760 --> 00:24:16,680 Speaker 1: it's a tough, tough business. And and there's a lot 451 00:24:16,720 --> 00:24:20,280 Speaker 1: of power at stake, and people do crazy things around power. 452 00:24:20,359 --> 00:24:22,760 Speaker 1: I mean, in Wall Street is about crazy people. You know, 453 00:24:22,760 --> 00:24:25,919 Speaker 1: people do crazy things around money. In Washington is about power. 454 00:24:25,960 --> 00:24:28,560 Speaker 1: And that's what you're seeing in real time right now. 455 00:24:29,080 --> 00:24:32,040 Speaker 1: And the longer this goes without a very clear signal 456 00:24:32,119 --> 00:24:35,200 Speaker 1: that he's got these votes wrapped up, uh, he's he's 457 00:24:35,240 --> 00:24:38,160 Speaker 1: in jeopardy of losing the momentum that he had going 458 00:24:38,240 --> 00:24:40,840 Speaker 1: into this genie. You were suggesting the other day that 459 00:24:40,920 --> 00:24:43,280 Speaker 1: this is actually the worst possible thing that might happen 460 00:24:43,280 --> 00:24:45,960 Speaker 1: to Kevin McCarthy. And if he does not get that gavel, 461 00:24:46,480 --> 00:24:48,640 Speaker 1: uh a bit of a gift actually, because he could 462 00:24:48,680 --> 00:24:52,640 Speaker 1: find himself certainly around a debt ceiling negotiation, deeper into 463 00:24:52,680 --> 00:24:55,800 Speaker 1: his first year with an unruly caucus in a very 464 00:24:55,880 --> 00:24:59,800 Speaker 1: difficult situation and potentially one that, as Lisa Camuso Miller 465 00:24:59,840 --> 00:25:02,640 Speaker 1: said the other day, could end his speakership early. Yeah, 466 00:25:02,720 --> 00:25:05,359 Speaker 1: I mean, it's it files under. Be careful what you 467 00:25:05,400 --> 00:25:08,919 Speaker 1: wish for, especially if to ricks point, in order to 468 00:25:08,920 --> 00:25:11,280 Speaker 1: get to the to eighteen he caves on this motion 469 00:25:11,320 --> 00:25:14,720 Speaker 1: to vacate, that leaves in vulnerable to one member calling 470 00:25:14,760 --> 00:25:17,720 Speaker 1: to depose him, and that's certainly going to happen. I 471 00:25:17,760 --> 00:25:21,720 Speaker 1: think the debt ceiling certainly over that, but almost every 472 00:25:21,720 --> 00:25:24,720 Speaker 1: other issue. If the man can't get to to eighteen 473 00:25:24,800 --> 00:25:27,359 Speaker 1: to get the job, imagine how it's going to be 474 00:25:27,440 --> 00:25:30,639 Speaker 1: when he tries to lord power over these his his 475 00:25:30,680 --> 00:25:34,159 Speaker 1: caucuses heads. It's not going to work. You know. We 476 00:25:34,240 --> 00:25:36,320 Speaker 1: either need a lot more okay buttons out there in 477 00:25:36,359 --> 00:25:40,080 Speaker 1: the next seventy two hours, or this is going to 478 00:25:40,119 --> 00:25:43,840 Speaker 1: be moved eventually to somebody else. And Republicans have to 479 00:25:43,880 --> 00:25:46,320 Speaker 1: be very very careful. This is like the gang that 480 00:25:46,359 --> 00:25:49,199 Speaker 1: can't shoot straight. You've got to get a speaker or 481 00:25:49,240 --> 00:25:52,080 Speaker 1: the Democrats may have power that they shouldn't have going 482 00:25:52,080 --> 00:25:55,440 Speaker 1: into well. He was one of the Republicans who chose 483 00:25:55,440 --> 00:25:59,240 Speaker 1: not to stand last night for President Zelenski. From what 484 00:25:59,280 --> 00:26:01,639 Speaker 1: I understand. We're gonna talk a little more about that 485 00:26:01,720 --> 00:26:04,000 Speaker 1: now that we've had a minute to let all of 486 00:26:04,040 --> 00:26:07,600 Speaker 1: this settle. Uh. It's our first opportunity to spend some 487 00:26:07,720 --> 00:26:10,439 Speaker 1: time and reflect with Rick and Genie on this historic 488 00:26:10,480 --> 00:26:14,400 Speaker 1: address to Congress. Zelenski, for his part, is already back 489 00:26:14,400 --> 00:26:17,040 Speaker 1: in Ukraine. It was. It was like a ten hour 490 00:26:17,200 --> 00:26:20,360 Speaker 1: visit to the nation's capital and Ed Spinner the whole 491 00:26:20,359 --> 00:26:22,600 Speaker 1: thing was culminating with the big address last night, but 492 00:26:22,640 --> 00:26:26,880 Speaker 1: a long day of meetings and negotiations talks with President 493 00:26:26,920 --> 00:26:30,320 Speaker 1: Biden at the White House. There are still skeptics though, 494 00:26:30,359 --> 00:26:32,760 Speaker 1: as we heard following the speech from a number of 495 00:26:32,760 --> 00:26:36,199 Speaker 1: Republicans in the House, and by the way, not just 496 00:26:36,280 --> 00:26:37,919 Speaker 1: in the House, but also in the Senate. We're going 497 00:26:37,960 --> 00:26:41,280 Speaker 1: to hear from them coming up here in a special 498 00:26:41,320 --> 00:26:44,160 Speaker 1: conversation with Daniel Freed, the former US ambassador to pull 499 00:26:44,240 --> 00:26:46,800 Speaker 1: him down with the Atlantic Council will be with us too, 500 00:26:47,240 --> 00:26:53,280 Speaker 1: along with the panel. This is Bloomberg So on with 501 00:26:53,400 --> 00:26:58,320 Speaker 1: Joe Matthew on Bloomberg Radio. You know, while we're talking 502 00:26:58,359 --> 00:27:00,760 Speaker 1: about the budget passing, you know what that means, right, 503 00:27:00,840 --> 00:27:04,000 Speaker 1: the forty five billion dollars set aside for Ukraine that 504 00:27:04,080 --> 00:27:07,240 Speaker 1: was considered controversial by some on Capitol Hill. It's a 505 00:27:07,240 --> 00:27:12,280 Speaker 1: big number also approved today by the Senate, and we 506 00:27:12,359 --> 00:27:14,600 Speaker 1: know that there are some naysayers in the Senate, which 507 00:27:14,600 --> 00:27:16,119 Speaker 1: will get you a little bit later on. But this, 508 00:27:16,160 --> 00:27:20,560 Speaker 1: of course, just hours after President Voladimir's Lenski was here 509 00:27:20,560 --> 00:27:23,920 Speaker 1: in Washington. It was a ten hour visit. What a whirlwind. 510 00:27:23,960 --> 00:27:27,000 Speaker 1: He went from the front lines in the don Boss 511 00:27:27,040 --> 00:27:31,240 Speaker 1: one day, through Poland and hours later is sitting in 512 00:27:31,280 --> 00:27:34,639 Speaker 1: the Oval Office with President Biden. They did the joint 513 00:27:34,640 --> 00:27:37,000 Speaker 1: news conference. We talked about it right around this time 514 00:27:37,119 --> 00:27:39,200 Speaker 1: yesterday in fact, and then he ended up on Capitol 515 00:27:39,280 --> 00:27:42,560 Speaker 1: Hill in an historic address to a joint session. Here 516 00:27:42,560 --> 00:27:47,440 Speaker 1: he is against all odds and doom and gloom scenarios. 517 00:27:47,600 --> 00:27:55,440 Speaker 1: Yukraine didn't fall. Yugrain is alive and keeking, alive and kicking. 518 00:27:55,880 --> 00:27:59,480 Speaker 1: Interesting that he did not use a teleprompter and did 519 00:27:59,680 --> 00:28:03,520 Speaker 1: speak in English the whole time. That's not an easy task. 520 00:28:03,840 --> 00:28:07,520 Speaker 1: As he stood there in the olive green sweater. That 521 00:28:08,280 --> 00:28:12,600 Speaker 1: he's become so well known since this whole thing started 522 00:28:12,640 --> 00:28:15,760 Speaker 1: three d one now days ago. The big message, though, 523 00:28:15,760 --> 00:28:19,200 Speaker 1: the resounding message, really came down to support he wanted 524 00:28:19,240 --> 00:28:22,760 Speaker 1: to say thank you, but also to frame what the 525 00:28:22,880 --> 00:28:25,840 Speaker 1: US was actually doing and helping to support this war effort. 526 00:28:26,960 --> 00:28:32,199 Speaker 1: Your money is not charity, it's an investment in the 527 00:28:32,280 --> 00:28:36,679 Speaker 1: global security and democracy that we handle in the most 528 00:28:36,920 --> 00:28:41,880 Speaker 1: responsible way. And so we wonder what changed, if anything, 529 00:28:42,800 --> 00:28:44,960 Speaker 1: And that's where we start with Daniel Freed, the former 530 00:28:45,160 --> 00:28:50,080 Speaker 1: US Ambassador to Poland now fellow at the Atlantic Council. Ambassador, welcome, 531 00:28:50,120 --> 00:28:52,960 Speaker 1: It's great to have you here in happy holidays. I 532 00:28:53,000 --> 00:28:55,440 Speaker 1: wonder your thoughts on the impact of this speech beyond 533 00:28:55,440 --> 00:28:59,080 Speaker 1: it being a wonderful moment, an historic moment, will act, 534 00:28:59,160 --> 00:29:05,760 Speaker 1: will actually impact policy, It could impact policy. UH. That 535 00:29:05,880 --> 00:29:09,840 Speaker 1: speech brought home to a lot of members of Congress 536 00:29:09,880 --> 00:29:13,160 Speaker 1: that this is a real war and the Ukrainians are 537 00:29:13,200 --> 00:29:18,120 Speaker 1: fighting back. Zelenski symbolizes their resistance, and those kind of 538 00:29:18,200 --> 00:29:21,800 Speaker 1: human moments make a difference. I remember when Luck Valenza 539 00:29:21,840 --> 00:29:30,120 Speaker 1: spoke to Congress in UH. They increased US assistants for 540 00:29:30,240 --> 00:29:35,400 Speaker 1: Poland right at the beginning of its transformation. Now communism 541 00:29:35,400 --> 00:29:38,120 Speaker 1: has already gone when Valenca was here, and the fighting 542 00:29:38,200 --> 00:29:42,720 Speaker 1: is still raging in Ukraine. But speeches like this by 543 00:29:42,800 --> 00:29:47,480 Speaker 1: leaders who symbolize resistance or Winston Churchill coming to Washington 544 00:29:47,840 --> 00:29:52,640 Speaker 1: right after Pearl Harbor. So those are fair comparisons. In yeah, 545 00:29:52,960 --> 00:29:55,720 Speaker 1: I think I think it's fair. This is a big war. 546 00:29:56,880 --> 00:29:59,720 Speaker 1: Plutins started a major land war in Europe we haven't 547 00:29:59,720 --> 00:30:04,480 Speaker 1: seen in Europe since, and it's a war of conquest. 548 00:30:05,000 --> 00:30:07,960 Speaker 1: So you bet it's a big deal. And American interests 549 00:30:08,040 --> 00:30:11,280 Speaker 1: are at stake there, at stake now in Ukraine, the 550 00:30:11,320 --> 00:30:15,200 Speaker 1: same way we had interests at stake in Europe during 551 00:30:15,200 --> 00:30:19,200 Speaker 1: World War Two, and for the same reason. By the way, 552 00:30:19,600 --> 00:30:22,960 Speaker 1: the one sentence is it's not an American interest to 553 00:30:23,000 --> 00:30:28,480 Speaker 1: have dictators trampling other countries in Europe. It's not in 554 00:30:28,480 --> 00:30:33,920 Speaker 1: the American interest. Rose Republicans were in the chamber for 555 00:30:34,120 --> 00:30:36,360 Speaker 1: the speech. We know that there were several of them 556 00:30:36,400 --> 00:30:42,000 Speaker 1: not applauding or or standing for the ovations. Ambassador, what's 557 00:30:42,040 --> 00:30:45,560 Speaker 1: your thought on that? What would be your message to them? Well, 558 00:30:46,520 --> 00:30:51,640 Speaker 1: what would Ronald Reagan say? He'd be applauding a fighter 559 00:30:51,720 --> 00:30:56,240 Speaker 1: for freedom. He believed in in those fighting for freedom. 560 00:30:56,280 --> 00:31:00,880 Speaker 1: He didn't believe in caving to dictators. And I do 561 00:31:01,200 --> 00:31:05,040 Speaker 1: understand the calls for a good accounting of the money 562 00:31:05,160 --> 00:31:08,280 Speaker 1: that we've been spending on behalf of the Ukrainians, and 563 00:31:08,760 --> 00:31:12,240 Speaker 1: I think the Biden administration is ready to answer those questions. 564 00:31:12,920 --> 00:31:17,760 Speaker 1: But for some it's not. Some Republicans of minority, thank goodness, 565 00:31:18,280 --> 00:31:20,640 Speaker 1: I think it's not in the American interest, or a 566 00:31:20,720 --> 00:31:23,640 Speaker 1: few are even on Putinent side, which is simply revolting. 567 00:31:25,240 --> 00:31:29,840 Speaker 1: Do you believe that money has been spent wisely? I 568 00:31:29,920 --> 00:31:35,040 Speaker 1: think so, And I think that Ukraine's resistance has been 569 00:31:35,080 --> 00:31:39,800 Speaker 1: made possible by the weapons the Americans have sent that 570 00:31:39,880 --> 00:31:44,160 Speaker 1: we have sent. That's a good investment. You're investing in 571 00:31:44,760 --> 00:31:49,760 Speaker 1: freedom and investing in showing a dictator that's Latimer Putinent 572 00:31:49,800 --> 00:31:53,280 Speaker 1: that he's not going to win, and Americans should consider. 573 00:31:53,920 --> 00:31:59,360 Speaker 1: Suppose the Ukrainians win, that's a big deal. It would 574 00:31:59,400 --> 00:32:03,760 Speaker 1: show that Chinese that democracies are not as weak as 575 00:32:03,440 --> 00:32:08,080 Speaker 1: they may think. It will show that America is capable 576 00:32:08,200 --> 00:32:10,760 Speaker 1: of performing its role as leader of the free world 577 00:32:10,800 --> 00:32:15,480 Speaker 1: under tough conditions. This is a case for the Ukrainians. 578 00:32:15,480 --> 00:32:18,120 Speaker 1: Are not asking Americans to fight for the mail do 579 00:32:18,240 --> 00:32:21,040 Speaker 1: the fighting themselves. I think President Biden is right to 580 00:32:21,120 --> 00:32:24,240 Speaker 1: draw the line no American troops in Ukraine. When were 581 00:32:24,280 --> 00:32:28,640 Speaker 1: complaints over Ukraine, but we're helping them. Uh, we're helping 582 00:32:28,640 --> 00:32:33,160 Speaker 1: them defend themselves. That's the right role. I'm glad you 583 00:32:33,160 --> 00:32:35,160 Speaker 1: could join us. Uh, and I do hope you're having 584 00:32:35,160 --> 00:32:37,320 Speaker 1: a great holiday season. We always learned something when we 585 00:32:37,360 --> 00:32:40,400 Speaker 1: talked to Daniel Freed, Happy New Year, former US Ambassador 586 00:32:40,400 --> 00:32:44,720 Speaker 1: to Poland, fellow with the Atlantic Council. Listen quickly to 587 00:32:45,000 --> 00:32:48,200 Speaker 1: Josh Holly, Senator Josh Hollywood, this is not just you 588 00:32:48,240 --> 00:32:50,600 Speaker 1: know a couple of Republicans in the House on why 589 00:32:50,640 --> 00:32:53,320 Speaker 1: he skipped the speech last night. Well, so I didn't 590 00:32:53,360 --> 00:32:55,160 Speaker 1: go to the speech because I didn't want to be 591 00:32:55,320 --> 00:32:57,640 Speaker 1: part of a photo op asking for more money from 592 00:32:57,640 --> 00:32:59,960 Speaker 1: the United States government when they haven't given us a city, 593 00:33:00,000 --> 00:33:02,080 Speaker 1: a piece of accounting on anything they spent. I mean, 594 00:33:02,120 --> 00:33:05,800 Speaker 1: we spent a hundred billion dollars in black checks. There's 595 00:33:05,920 --> 00:33:10,440 Speaker 1: no accountability whatsoever, no oversight whatsoever. At meantime, our European 596 00:33:10,480 --> 00:33:13,400 Speaker 1: allies are continuing to stand back. We have spent more 597 00:33:13,680 --> 00:33:17,080 Speaker 1: on Ukraine than all of the Europeans put together, and 598 00:33:17,120 --> 00:33:20,720 Speaker 1: it's on their continent. Quick conversation with the panel on this, 599 00:33:21,200 --> 00:33:26,160 Speaker 1: Rick Davis. Does that cry get louder in the Republican Senate? Yeah, 600 00:33:26,200 --> 00:33:29,719 Speaker 1: I think actually it might backfire. Uh. You know, President 601 00:33:29,760 --> 00:33:33,280 Speaker 1: Zelenski did such a fine job, and and he impressed 602 00:33:33,280 --> 00:33:36,760 Speaker 1: so many people, especially conservative Republicans who might have even 603 00:33:36,760 --> 00:33:39,280 Speaker 1: been starting to maybe listen to the Josh Holly's the 604 00:33:39,680 --> 00:33:42,360 Speaker 1: part of the sort of the Putin crowd, and and 605 00:33:42,360 --> 00:33:44,880 Speaker 1: and I think he pushed that back hard. And so 606 00:33:45,040 --> 00:33:48,760 Speaker 1: I actually think that that you've seen a rally around 607 00:33:49,320 --> 00:33:52,000 Speaker 1: Ukraine in the end of this year that will move 608 00:33:52,080 --> 00:33:56,280 Speaker 1: into next year. Now obviously, uh, next year, we don't 609 00:33:56,320 --> 00:33:58,720 Speaker 1: know what's going to happen. And and and certainly this 610 00:33:58,840 --> 00:34:01,360 Speaker 1: you know, forty billion, it's in the current spending package. 611 00:34:01,960 --> 00:34:05,000 Speaker 1: We'll take uh, the Ukrainians a long way into next 612 00:34:05,080 --> 00:34:07,960 Speaker 1: year as far as mounting a defense against the Russian invasion. 613 00:34:08,000 --> 00:34:11,680 Speaker 1: But I actually think these these these voices for Putin 614 00:34:11,719 --> 00:34:15,000 Speaker 1: are going to isolate themselves, um lamour Putin's gonna make 615 00:34:15,000 --> 00:34:18,480 Speaker 1: it harder and harder for them to sound like they 616 00:34:18,520 --> 00:34:22,120 Speaker 1: are encouraging him. And so I I think it actually 617 00:34:22,200 --> 00:34:26,759 Speaker 1: made backfire. Progressive Uh, stay in the lane there in 618 00:34:27,000 --> 00:34:29,439 Speaker 1: right now, Janie, or does this become a problem on 619 00:34:29,440 --> 00:34:31,520 Speaker 1: on the other side of the aisle. You know, I 620 00:34:31,560 --> 00:34:33,960 Speaker 1: do think we will hear from progressives, and they have 621 00:34:34,120 --> 00:34:36,360 Speaker 1: a right point to make that you know, what is 622 00:34:36,400 --> 00:34:38,839 Speaker 1: the endgame here? We know it's something that the two 623 00:34:38,840 --> 00:34:42,440 Speaker 1: presidents were talking about yesterday. But the reality is for 624 00:34:42,520 --> 00:34:45,960 Speaker 1: Republicans like Josh Holly and these are Trump Republicans to 625 00:34:46,000 --> 00:34:50,359 Speaker 1: shout about accountability. There is accountability. Everybody wants it. As 626 00:34:50,360 --> 00:34:53,440 Speaker 1: the ambassador just said, well up more with bricking. Genia 627 00:34:53,520 --> 00:34:56,000 Speaker 1: had some final thoughts and the fastest hour in politics. 628 00:34:56,080 --> 00:35:02,239 Speaker 1: This is Bloomberg. This is Bloomberg sond On with Joe 629 00:35:02,280 --> 00:35:07,359 Speaker 1: Matthew on Bloomberg Radio. In every four years we get 630 00:35:07,400 --> 00:35:11,840 Speaker 1: stories about rock stars suing politicians for playing their songs 631 00:35:11,840 --> 00:35:14,680 Speaker 1: without permission. Because this goes back years, right though Donald 632 00:35:14,680 --> 00:35:17,920 Speaker 1: Trump may have had more of these encounters than Annie 633 00:35:18,000 --> 00:35:22,600 Speaker 1: Tom Petty the Rolling Stones, but this latest one goes 634 00:35:22,680 --> 00:35:25,160 Speaker 1: to a new level. As a member of the band 635 00:35:25,280 --> 00:35:29,759 Speaker 1: Journey the keyboard Players, singer Jonathan Kane's name, he's a 636 00:35:29,800 --> 00:35:32,839 Speaker 1: friend of Donald Trump, has been served. Imagine this, He's 637 00:35:32,920 --> 00:35:35,360 Speaker 1: he got a cease and assist from his own bandmate 638 00:35:35,840 --> 00:35:39,680 Speaker 1: Neil Shone after Kane performed and you might have seen this. 639 00:35:39,840 --> 00:35:42,440 Speaker 1: It went viral on social media before one of their 640 00:35:42,440 --> 00:35:50,920 Speaker 1: old hits at a recent party at Marlago. Listen, Yeah, 641 00:35:51,239 --> 00:35:55,360 Speaker 1: that's Kane on the piano with Carrie Lake, Marjorie Taylor 642 00:35:55,400 --> 00:35:58,840 Speaker 1: Green and Kimberly Gilfoyle all singing up there on stage 643 00:35:58,840 --> 00:36:03,000 Speaker 1: with a bigger crowd at Mara Lago black tie crowd 644 00:36:03,040 --> 00:36:05,399 Speaker 1: looking on, including New Gingrich is they're talking to Donald 645 00:36:05,440 --> 00:36:09,840 Speaker 1: Trump in the video. The season assists letter obtained by 646 00:36:09,920 --> 00:36:14,400 Speaker 1: Variety reads, in part, such conduct is extremely deleterious to 647 00:36:14,480 --> 00:36:18,640 Speaker 1: the Journey brand as it polarizes the band's fans and outreach. Journey, 648 00:36:18,680 --> 00:36:23,680 Speaker 1: it says, should not be political. So Kane, the keyboard 649 00:36:23,680 --> 00:36:27,759 Speaker 1: player here who co wrote that song, has apparently been 650 00:36:27,800 --> 00:36:30,560 Speaker 1: a longtime member of Trump's inner circles. The husband of 651 00:36:30,600 --> 00:36:37,319 Speaker 1: Paula White. This is a televangelist and Donald Trump's spiritual advisor. 652 00:36:38,200 --> 00:36:40,200 Speaker 1: If you don't know her, here she is at an 653 00:36:40,200 --> 00:36:43,920 Speaker 1: event before the twenty election, praying on stage in Chance, 654 00:36:44,280 --> 00:36:50,800 Speaker 1: channeling God for Trump to win reelection. I hear victory, victory, victory, 655 00:36:50,920 --> 00:36:57,600 Speaker 1: victory in the quarters of Heaven, in the Quarters of Heaven, victory, victory, victory, victory, victory, victory, victory. 656 00:36:57,960 --> 00:37:00,560 Speaker 1: For angels are being released right now. AELs are being 657 00:37:00,560 --> 00:37:16,759 Speaker 1: dispatched right now. Hamanda dispatched from Africa right now. I 658 00:37:16,800 --> 00:37:18,560 Speaker 1: do wonder how she gets along with the rest of 659 00:37:18,560 --> 00:37:21,600 Speaker 1: the band now. I know the panel has strong feelings 660 00:37:21,640 --> 00:37:23,680 Speaker 1: about this. I'm sure I scared both of them already. 661 00:37:24,440 --> 00:37:26,200 Speaker 1: But Rick Davis, you've actually had to deal with a 662 00:37:26,200 --> 00:37:29,080 Speaker 1: couple of bands over the years or running campaigns. They 663 00:37:29,080 --> 00:37:32,400 Speaker 1: can't stop this from happening, right, Well, yeah, they can 664 00:37:32,440 --> 00:37:36,080 Speaker 1: embarrass you. Uh you know. Look, I've been running Republican campaigns. 665 00:37:36,080 --> 00:37:38,680 Speaker 1: There's not a rock band in the country that wants 666 00:37:38,680 --> 00:37:42,600 Speaker 1: you using their music. I remember Suit at least twice, 667 00:37:43,200 --> 00:37:45,680 Speaker 1: perfectly good music. But didn't you have to deal with 668 00:37:45,719 --> 00:37:48,239 Speaker 1: Hart over the Baracuta things? Oh yeah, I mean they're 669 00:37:48,560 --> 00:37:51,120 Speaker 1: so so yeah, I'm used to this, I mean, and 670 00:37:51,239 --> 00:37:53,520 Speaker 1: uh kind of happy to see them fighting amongst themselves 671 00:37:53,520 --> 00:37:56,120 Speaker 1: for a change. It's yeah, boy, you know you're breaking 672 00:37:56,200 --> 00:37:58,080 Speaker 1: up the band here. When it comes to Journey at 673 00:37:58,080 --> 00:37:59,759 Speaker 1: mar Lago, Genie, I don't know if you saw that 674 00:38:00,000 --> 00:38:03,320 Speaker 1: to you, but they were having a really good time. Yeah, 675 00:38:03,320 --> 00:38:05,440 Speaker 1: And I thought Journey, I thought they were the most 676 00:38:05,520 --> 00:38:08,600 Speaker 1: polarized when Steve Perry left and I was devastated. In 677 00:38:08,680 --> 00:38:11,120 Speaker 1: nineteen what was it the late nineties, eighties, I don't 678 00:38:11,160 --> 00:38:13,960 Speaker 1: know when. And now to hear this, what happened to 679 00:38:14,000 --> 00:38:17,840 Speaker 1: being faithful? What happened to open Arms? What is happening 680 00:38:17,880 --> 00:38:22,680 Speaker 1: to journey? I'm so sad and I have no idea 681 00:38:22,719 --> 00:38:25,759 Speaker 1: what was happening with that woman either? Well you know, 682 00:38:25,840 --> 00:38:27,400 Speaker 1: I don't know if you know her, but she was 683 00:38:27,440 --> 00:38:30,200 Speaker 1: also a meme and and and something that went viral 684 00:38:30,760 --> 00:38:33,520 Speaker 1: during the campaign. I just rick, when when when a 685 00:38:33,520 --> 00:38:38,080 Speaker 1: presidential candidate has a spiritual advisor? How do we infer? 686 00:38:38,160 --> 00:38:40,839 Speaker 1: What do we infer from that? Well? I mean, you know, 687 00:38:41,360 --> 00:38:44,799 Speaker 1: almost every presidential candidate has some kind of a link 688 00:38:44,880 --> 00:38:49,120 Speaker 1: to a ministry spiritual advisor. Billy Graham was a great 689 00:38:49,160 --> 00:38:53,600 Speaker 1: spiritual advisor to um a dozen presidents, it seems, over 690 00:38:53,640 --> 00:38:57,160 Speaker 1: the years, so it's not an unusual thing, um Um. 691 00:38:57,200 --> 00:39:01,640 Speaker 1: That being said, I can't remember a single spiritual advisor, 692 00:39:02,360 --> 00:39:05,879 Speaker 1: uh speaking in tongues and casting down angels to get 693 00:39:05,880 --> 00:39:08,800 Speaker 1: a victory on election day, So she's really taken it 694 00:39:08,920 --> 00:39:11,880 Speaker 1: up a few notches. Do you have a spiritual advisor, Genie? No, 695 00:39:12,080 --> 00:39:13,920 Speaker 1: I might need one. I think she needs to go 696 00:39:13,960 --> 00:39:16,120 Speaker 1: back and talk to whoever was talking to her they 697 00:39:16,120 --> 00:39:19,680 Speaker 1: gave her the wrong advice or the wrong forecast. I 698 00:39:19,719 --> 00:39:23,320 Speaker 1: think journey Is is Genie's spiritual advisor here. I felt 699 00:39:23,400 --> 00:39:25,719 Speaker 1: some real passion with that, and I appreciate you guys. 700 00:39:25,800 --> 00:39:30,960 Speaker 1: Come back, Steve Perry, come back, Verry big Genie's New Year, please, 701 00:39:31,040 --> 00:39:34,800 Speaker 1: Genie Chanzano, thank you. And Rick Davis back together again. 702 00:39:34,840 --> 00:39:37,520 Speaker 1: We've got one more, the three of us here for 703 00:39:37,600 --> 00:39:43,080 Speaker 1: the year. Is that right? No, this was happy New Year, 704 00:39:43,200 --> 00:39:44,920 Speaker 1: Rick and Genie. This is Bloomberg.