WEBVTT - US Awaits Iranian Response; Hantavirus Cruise Ship 0:00:00.040 --> 0:00:10.160 Bloomberg Audio Studios, Podcasts, Radio News. Welcome to the Bloomberg 0:00:10.240 --> 0:00:15.920 This Weekend Podcast with David Gura, Christina Raffini and Elisa Matteo. 0:00:17.680 --> 0:00:20.560 Thanks for joining us for today's selection of conversations from 0:00:20.600 --> 0:00:20.959 the show. 0:00:21.200 --> 0:00:23.479 You can listen to our favorite discussions right here on 0:00:23.520 --> 0:00:25.800 the podcast, but also make sure to join us live 0:00:25.960 --> 0:00:28.960 every Saturday and Sunday morning starting at seven am Easter. 0:00:29.200 --> 0:00:32.760 We're on Bloomberg Television, Radio and the Bloomberg Business App, 0:00:33.040 --> 0:00:37.600 bringing you unique takes and in depth interviews on news, politics, 0:00:37.680 --> 0:00:39.080 lifestyle and culture. 0:00:41.000 --> 0:00:42.919 The UK is announcing it will deploy one of its 0:00:42.960 --> 0:00:45.519 warships to the Middle East for a European led mission 0:00:45.560 --> 0:00:48.159 to escort ships through the Strait of Hormus once there 0:00:48.240 --> 0:00:51.000 is a stable ceasefire in place. This coming as dramatic 0:00:51.080 --> 0:00:54.480 new pictures from Sentcom released overnight show flames and large 0:00:54.480 --> 0:00:58.080 plumes of smoke after US fighter jet disabled two Iran 0:00:58.160 --> 0:01:01.560 flag tankers, which it says we're violating the US blockade 0:01:01.680 --> 0:01:02.520 of Irun imports. 0:01:02.680 --> 0:01:05.840 President Donald Trump has worn America could escalate its military 0:01:05.880 --> 0:01:08.760 posture in the Strait as Iran weighs a new proposal 0:01:08.840 --> 0:01:10.760 from the US to end the war back with US 0:01:10.760 --> 0:01:14.600 now is Bloomberg News White House correspondent Jeff Mason, Jeff, 0:01:14.640 --> 0:01:16.120 where do you think this stands all this? Do we 0:01:16.160 --> 0:01:18.800 have any updates on whether each side has gotten a 0:01:18.840 --> 0:01:21.960 response from the other and is there a fear that 0:01:22.000 --> 0:01:26.720 the President will be leaving this conflict without fully securing 0:01:26.920 --> 0:01:28.760 the Strait. I guess that's good news for the President. 0:01:28.840 --> 0:01:31.040 He's likely to be happy that news from the UK 0:01:31.160 --> 0:01:34.320 that they are sending some resources down there. But where 0:01:34.360 --> 0:01:36.759 does this leave the Strait overall if the US doesn't 0:01:36.760 --> 0:01:39.200 fully secure it before and trying to end this conflict? 0:01:40.120 --> 0:01:43.160 Well, the UK angle is definitely interesting, given the pressure 0:01:43.200 --> 0:01:46.319 that President Trump has put on the UK Prime Minister 0:01:47.000 --> 0:01:50.280 and the very really positive state visit that he had 0:01:50.320 --> 0:01:54.240 from King Charles. But to your initial question, Christina, still 0:01:54.240 --> 0:01:57.559 no updates on whether or not Iran has responded yet 0:01:57.680 --> 0:02:01.000 to the latest offer from the United States, and in 0:02:01.000 --> 0:02:03.440 addition to the broad question that you asked about, whether 0:02:03.480 --> 0:02:07.279 that may lead to the President leaving this conflict without 0:02:07.400 --> 0:02:10.320 a few major things resolved, including the Strait of Horror 0:02:10.320 --> 0:02:14.040 moves and whether or not Iran hasn't the ability to 0:02:14.080 --> 0:02:17.280 create a nuclear weapon in the short term. Those are 0:02:17.320 --> 0:02:19.760 more longer term issues. In the short term, it also 0:02:20.200 --> 0:02:22.919 raises a question of where will the conflict stand as 0:02:22.919 --> 0:02:27.560 he leads leaves this country on Tuesday for China. The 0:02:27.600 --> 0:02:30.120 President has a big trip to Beijing next week, and 0:02:30.560 --> 0:02:33.280 this issue is hanging over that visit in the same 0:02:33.320 --> 0:02:35.840 way that it's hung over a lot of the President's 0:02:35.840 --> 0:02:38.840 relationships with other countries and other leaders around the world. 0:02:39.000 --> 0:02:40.680 Jeff, let's talk a bit about that visit. I know 0:02:40.720 --> 0:02:42.160 you're going to be on the plane with the President 0:02:42.160 --> 0:02:43.840 heading over there for that summit. This is one that 0:02:43.919 --> 0:02:45.680 was postponed. I think it was supposed to take place 0:02:46.120 --> 0:02:48.720 back in March. Of course, was postponed because of the 0:02:48.720 --> 0:02:51.360 start of this war. It hasn't ended. In Bloomberg reporting 0:02:51.360 --> 0:02:54.400 this week, there's some unease or dissatisfaction among the Chinese 0:02:54.400 --> 0:02:56.079 that this conflict is still roiling in the Middle East 0:02:56.120 --> 0:02:59.120 while this summit going to take place. We spoke with 0:02:59.160 --> 0:03:02.239 ambassad Nicholas Berns, who was President Biden's ambassador to China. 0:03:02.480 --> 0:03:04.320 I talked to Gary Ginster, the former head of the SEC, 0:03:04.400 --> 0:03:06.600 about the work that they did during the previous administration 0:03:07.480 --> 0:03:10.919 kind of reintegrate ties with China. What are the broad 0:03:10.960 --> 0:03:13.400 objectives that Preston Trump has going into that meeting, aside 0:03:13.440 --> 0:03:15.399 from just sitting down face to face and I guess 0:03:15.480 --> 0:03:17.799 keeping alive that human connection between the leaders of the 0:03:17.800 --> 0:03:19.200 two largest economies in the world. 0:03:19.960 --> 0:03:21.920 Well, that last one that you said is actually a 0:03:21.919 --> 0:03:25.760 pretty pretty big one, just keeping their relationship open, keeping 0:03:25.840 --> 0:03:30.800 the ties and conversations going. But there certainly are some 0:03:31.400 --> 0:03:35.560 other ideas or other hopes that the President wants to 0:03:35.600 --> 0:03:41.400 achieve during that trip, including perhaps extending a trade truce 0:03:42.000 --> 0:03:44.360 that has been in place for a little bit between 0:03:44.440 --> 0:03:49.040 China and the United States, talking about tariffs on both sides. 0:03:49.320 --> 0:03:53.360 Also talking about fentanyl. The President has pressed China's to 0:03:53.400 --> 0:03:55.440 reduce the amount of fentanyl that is coming out of 0:03:55.960 --> 0:03:58.640 its country and into the United States. That's something that 0:03:58.640 --> 0:04:01.480 they had previously agreed on, but that the United States 0:04:01.480 --> 0:04:03.000 does not feel China is really. 0:04:02.840 --> 0:04:03.520 Following up on. 0:04:04.040 --> 0:04:07.920 But then to circle back to the perennial topic of Iran, 0:04:08.640 --> 0:04:11.200 that is no doubt also likely to come up when 0:04:11.200 --> 0:04:14.680 the two leaders meet in Beijing, in part because, as 0:04:14.720 --> 0:04:17.760 you rightly said, Beijing is not happy that this war 0:04:17.800 --> 0:04:20.880 is going on. Beijing is a big client of Iran 0:04:21.000 --> 0:04:24.040 for Iranian oil. That, on the other hand, has created 0:04:24.080 --> 0:04:28.200 tensions between China and the United States because the US 0:04:28.320 --> 0:04:32.600 is upset that they're taking that oil and sort of 0:04:32.720 --> 0:04:36.680 undercutting the blockade that the United States is putting on 0:04:36.720 --> 0:04:40.039 Iranian ports to try to squeeze Iran's economy to push 0:04:40.080 --> 0:04:42.039 them not just to come to the table, but to 0:04:42.080 --> 0:04:43.000 agree to a peace deal. 0:04:43.080 --> 0:04:44.600 Christine, I want to pick up on this because we 0:04:44.600 --> 0:04:47.720 were talking with Ambassador Burns about this. Obviously, the meeting 0:04:47.720 --> 0:04:50.159 that took place between the Foreign Minister of China and Iran, 0:04:50.600 --> 0:04:53.200 but something else that the ambassador said stood out to me, 0:04:53.200 --> 0:04:55.000 and that is he sees this as the beginning of 0:04:55.040 --> 0:04:57.200 a sequence of meetings that we're going to see here 0:04:57.440 --> 0:04:58.400 and indeed, during the Biden. 0:04:58.240 --> 0:05:00.480 Administration, three bullish on this. 0:05:00.600 --> 0:05:02.359 Yeah, sorry, continue, no, no, And I thought that was 0:05:02.360 --> 0:05:04.479 so fascinating. We're focused on this meeting taking place, but 0:05:04.560 --> 0:05:07.400 he seemed quite optimistic this would lead to additional summits 0:05:07.440 --> 0:05:09.719 here down the road. Anyways. Just wanted to note them. 0:05:10.200 --> 0:05:11.640 Jeff, I mean, what is your take, Is there a 0:05:11.680 --> 0:05:14.240 plan for more after this or do they have to 0:05:14.240 --> 0:05:16.520 see how well this one this one goes and then 0:05:16.520 --> 0:05:18.160 of course, before we let you go. The other lingering 0:05:18.200 --> 0:05:21.640 issue is Taiwan, and whether or not the President will 0:05:21.680 --> 0:05:23.760 be more willing to be pushed on Taiwan, or even 0:05:23.920 --> 0:05:27.279 just not stating strongly US support for Taiwan could be 0:05:27.320 --> 0:05:29.520 taken as a signal by the Chinese. 0:05:30.040 --> 0:05:34.040 Absolutely, so to those two points. Number one, Yes, there 0:05:34.080 --> 0:05:37.279 are more meetings planned this year between President She and 0:05:37.360 --> 0:05:40.760 President Trump, and I heard at least some former officials 0:05:40.760 --> 0:05:44.320 say that's one reason why the list of deliverables, which 0:05:44.360 --> 0:05:47.679 is very Washington speak, is not super high for this summit, 0:05:47.760 --> 0:05:50.520 in part because they have to leave some for other 0:05:50.560 --> 0:05:53.360 meetings later in the year. That's another reason why this 0:05:53.400 --> 0:05:56.359 one wasn't delayed, I was told, in part because of 0:05:56.400 --> 0:05:58.920 the calendar. If they delayed this one on one meeting, 0:05:59.360 --> 0:06:01.279 it doesn't leave a whole lot of room for the 0:06:01.320 --> 0:06:05.440 other two or three meetings that are expected between the 0:06:05.440 --> 0:06:09.320 two leaders later this year at summits and perhaps as 0:06:09.360 --> 0:06:12.240 she visit or visit by President She to the United States. 0:06:12.520 --> 0:06:15.799 To your last question on Taiwan, that is absolutely also 0:06:15.880 --> 0:06:18.480 hanging in the air over this visit, there are some 0:06:18.640 --> 0:06:22.719 former government officials who said, who I've heard say in 0:06:22.760 --> 0:06:24.839 the last week as I was preparing for this trip. 0:06:25.120 --> 0:06:28.479 They're concerned that President Trump is in a mood or 0:06:28.520 --> 0:06:33.040 in a position to really soften the US take on Taiwan, 0:06:33.800 --> 0:06:35.960 and that President She is going to try to use 0:06:35.960 --> 0:06:39.680 this opportunity to get him to soften that, perhaps get 0:06:39.760 --> 0:06:43.839 him to say something or commit to delivering fewer arms 0:06:44.120 --> 0:06:47.320 from the United States to Taiwan, and that that would 0:06:48.400 --> 0:06:52.000 potentially dramatically change the position of the United States in 0:06:52.080 --> 0:06:56.400 Taiwan and change that whole relationship with China. It's definitely 0:06:56.400 --> 0:06:58.800 something that President She wants to see. 0:06:58.520 --> 0:06:58.840 All right. 0:06:58.880 --> 0:07:01.520 Jeff Mason traveling with President's Day, our White House corespondent, 0:07:01.600 --> 0:07:02.960 Thank you as always for joining us. 0:07:03.000 --> 0:07:05.279 Give it to another major story now, health experts across 0:07:05.279 --> 0:07:07.880 the globe tracking down and monitoring passengers who are on 0:07:07.880 --> 0:07:10.800 board a cruise ship hit by hauntavirus. Right now, the 0:07:10.840 --> 0:07:12.920 ship is off the coast of West Africa set to 0:07:12.960 --> 0:07:17.240 doc early tomorrow morning. Or seventeen Americans on board that vessel. 0:07:17.360 --> 0:07:17.680 That's right. 0:07:17.720 --> 0:07:20.000 The Centers for Disease Control and Prevention has set a 0:07:20.040 --> 0:07:22.720 team to meet them after six cases have been confirmed 0:07:22.720 --> 0:07:26.080 with two more probables. That includes three people who died now, 0:07:26.080 --> 0:07:28.840 once passengers get on dry land, those Americans will be 0:07:28.840 --> 0:07:30.800 flown to Nebraska for quarantine. 0:07:31.360 --> 0:07:34.280 The individuals that are coming thus far have not been 0:07:34.320 --> 0:07:38.800 diagnosed with hauntavirus, but should they develop symptoms and concerning 0:07:38.920 --> 0:07:42.240 for that diagnosis, we will definitely assess them and care 0:07:42.280 --> 0:07:44.440 for them in the biocontainment unit. 0:07:44.960 --> 0:07:47.640 Joining us now is the former COVID Response Coordinator under 0:07:47.680 --> 0:07:51.880 President Biden, doctor ashish Ja. Doctor. First of all, I 0:07:51.880 --> 0:07:54.160 want to ask a dumb question, and that is is 0:07:54.200 --> 0:07:56.360 it hantavirus or haunt of virus? 0:07:57.120 --> 0:07:57.400 Morning? 0:07:57.560 --> 0:08:01.480 We have differing opinions on this. And then I also, 0:08:01.520 --> 0:08:03.160 I grew up with this out West. I know, David, 0:08:03.160 --> 0:08:05.280 you spent some time there as a kid. I didn't 0:08:05.320 --> 0:08:07.400 think it spread like this. So how do we say it? 0:08:07.440 --> 0:08:09.560 And how does it spread? And how dangerous is it? 0:08:10.040 --> 0:08:10.440 All right? 0:08:10.480 --> 0:08:12.640 Three great questions? Good morning, and thanks for having me here. 0:08:13.200 --> 0:08:15.680 I've always called it hantavirus. That's what I was taught 0:08:15.720 --> 0:08:19.400 when I was in medical school. So let's go with hanta. 0:08:19.480 --> 0:08:19.840 Okay. 0:08:20.160 --> 0:08:23.680 Most strains of haunt of virus are spread from rodents 0:08:23.720 --> 0:08:25.840 to humans, and they don't spread from human to human. 0:08:26.240 --> 0:08:28.440 There's one strain that is an exception to that, and 0:08:28.480 --> 0:08:31.280 that's C ANDDY strain, and unfortunately that's what we have 0:08:31.360 --> 0:08:32.120 on the cruise ship. 0:08:32.320 --> 0:08:32.760 So far. 0:08:33.800 --> 0:08:35.640 It's a pretty dangerous virus. And so if you grew 0:08:35.679 --> 0:08:39.080 up in the American Southwest, New Mexico, Arizona, you've probably 0:08:39.080 --> 0:08:42.319 heard of hunt of virus. Usually get it from rodent droppings, 0:08:42.920 --> 0:08:46.439 getting aerosolis and you breathe it in thirty forty percent 0:08:46.520 --> 0:08:48.600 mortality of it, maybe even higher. So it's a pretty 0:08:48.640 --> 0:08:51.720 dangerous virus. Thankfully, we have not seen large outbreaks in 0:08:51.720 --> 0:08:54.560 the past, but this one is different, partly because it's 0:08:54.600 --> 0:08:56.200 the wrong strain or is the bad strain the one 0:08:56.200 --> 0:08:58.280 that spreads and it ended up being on a cruise ship, 0:08:58.280 --> 0:09:00.760 which is a pretty good piece tree dish for a 0:09:00.760 --> 0:09:01.720 lot of viruses. 0:09:01.800 --> 0:09:04.400 Ready my turn now for a two part question. The 0:09:04.440 --> 0:09:07.920 first is Nebraska. Why Nebraska? I remember this being a 0:09:07.920 --> 0:09:09.880 facility that was used during the Abola outbreak. I think 0:09:09.920 --> 0:09:12.600 maybe during the early days of COVID as well. So 0:09:12.760 --> 0:09:14.920 that's my first part. The second is what will happen 0:09:14.960 --> 0:09:16.319 to these patients when they get there? What does this 0:09:16.400 --> 0:09:18.160 quarantine look like in practice? 0:09:18.679 --> 0:09:21.760 Yeah, two good questions. So Nebraska, we have these special 0:09:21.800 --> 0:09:25.320 pathosien units in across the US. The University of Nebraska 0:09:25.320 --> 0:09:27.480 Medical Center is got one of the best ones in 0:09:27.480 --> 0:09:29.400 the country. I'd argue one of the best in the world. 0:09:29.760 --> 0:09:33.360 The most dangerous pathogens, people who might be infected with 0:09:33.400 --> 0:09:36.480 them can go there. They've got fantastic safety protocols, some 0:09:36.559 --> 0:09:39.320 of the best clinicians in the world on these topics. 0:09:39.360 --> 0:09:43.080 So that's why Nebraska, that's why our ebola patients went there, 0:09:43.120 --> 0:09:45.160 and that's why it's a good place for these folks 0:09:45.200 --> 0:09:47.920 to go. Look, I don't think do I think they 0:09:48.040 --> 0:09:48.480 need that. 0:09:48.600 --> 0:09:49.120 I don't. 0:09:49.160 --> 0:09:50.960 I think they're doing it out of an abundance of caution. 0:09:51.040 --> 0:09:53.800 I think that's totally reasonable. What's going to happen is 0:09:53.800 --> 0:09:56.480 they're going to be monitored very closely. What we know 0:09:56.520 --> 0:09:59.720 about huntavirus in the one strain that spreads from people 0:09:59.720 --> 0:10:03.320 that people usually only spreads when people have symptoms, So 0:10:03.600 --> 0:10:05.600 you could make the case that if they're feeling great, 0:10:05.640 --> 0:10:07.720 they don't have to be in a place like this. 0:10:08.160 --> 0:10:09.920 But again, I think out of caution, they're going to 0:10:09.960 --> 0:10:12.320 watch them very closely. Obviously, if any of them develop symptoms, 0:10:12.360 --> 0:10:14.760 are going to need to get tested and treated. But 0:10:14.760 --> 0:10:15.760 that's going to be the plan. 0:10:16.160 --> 0:10:19.560 I'm surprised how quickly this has gotten into people's minds, 0:10:19.600 --> 0:10:22.400 possibly because you know, we're all still a little scarred 0:10:22.440 --> 0:10:24.959 from COVID. Actually, The New York Times writes about COVID 0:10:25.000 --> 0:10:28.160 PTSD and how this is a lingering legacy. I was 0:10:28.160 --> 0:10:30.040 walking down the street in New York and some woman 0:10:30.080 --> 0:10:31.600 on the phone, young woman, said, you know, I really 0:10:31.640 --> 0:10:33.400 just want to go meet my friends before the hunt 0:10:33.400 --> 0:10:37.080 of virus takes us all. This was yesterday here, But 0:10:37.600 --> 0:10:41.360 it is serious. It sounds like it's unlikely to cause 0:10:41.400 --> 0:10:44.400 a huge up outbreak, at least immediately. But if you 0:10:44.520 --> 0:10:47.040 are getting symptoms, what do those look like and how 0:10:47.120 --> 0:10:49.040 quickly do they progress? What should you be on the 0:10:49.040 --> 0:10:49.600 lookout for. 0:10:50.120 --> 0:10:52.240 Yeah, and I want to just reader it. I think 0:10:52.240 --> 0:10:53.599 the chances that this is kind of how going to 0:10:53.600 --> 0:10:56.680 become a big global outbreak is exceedingly low. It's just 0:10:56.720 --> 0:10:59.120 I don't think it's going to happen. Now, let's talk 0:10:59.160 --> 0:11:02.720 about symptoms. The problem with this virus, like most viruses, 0:11:02.760 --> 0:11:05.880 they all start off about the same way. A fever, 0:11:06.200 --> 0:11:09.400 a headache, you know, just feeling lousy by the way. 0:11:09.640 --> 0:11:11.959 That's like, you know, we all have symptoms like that. 0:11:12.000 --> 0:11:15.920 When we get viral syndromes, it then progresses pretty rapidly. 0:11:15.920 --> 0:11:16.840 There are two forms. 0:11:17.120 --> 0:11:19.720 There's a pulmonary form where you get very severely short 0:11:19.760 --> 0:11:22.000 of breath. It really affects your lungs and you can 0:11:22.000 --> 0:11:24.040 get very sick that way. There's another form where you 0:11:24.080 --> 0:11:27.200 get much more in the abdominal pain affects your vessels 0:11:27.520 --> 0:11:30.080 and you can get very sick and die in that 0:11:30.160 --> 0:11:33.640 other way. So starts off pretty much like most viral syndromes, 0:11:33.640 --> 0:11:35.600 and then it can progress pretty quickly after that. 0:11:36.040 --> 0:11:38.520 Ask about the vaccine for this, So Bloomberg reporting, Maderna 0:11:38.559 --> 0:11:40.760 has done some early stage work on the vaccine for 0:11:40.840 --> 0:11:44.520 hunting viruses in the US. It's working with xin Information 0:11:44.559 --> 0:11:47.880 Centered careed University College of Medicine on a potential immunization. 0:11:48.520 --> 0:11:51.080 What's the status of the development of immunization for this? 0:11:51.240 --> 0:11:52.720 Is that something we should be looking for in your 0:11:52.800 --> 0:11:54.600 estimation here in short order? 0:11:55.520 --> 0:11:58.480 Yeah, So, look, the m RNA platform is awesome and 0:11:58.480 --> 0:12:01.400 obviously we used it during COVID to get vaccines after 0:12:01.400 --> 0:12:04.800 the American people very very rapidly. As you probably know, 0:12:04.880 --> 0:12:07.360 Sector Kennedy is not a fan and Therefore, he has 0:12:07.400 --> 0:12:10.880 really blocked the development of m RNA vaccines here in 0:12:10.920 --> 0:12:13.640 the United States. I think, by the way, completely irrationally. 0:12:13.679 --> 0:12:17.040 There's no logic for that. So now companies like Maderna 0:12:17.080 --> 0:12:20.720 and European companies are working with other countries. In terms 0:12:20.800 --> 0:12:23.960 of the hunt of virus vaccine, it's still pretty early stage. 0:12:24.760 --> 0:12:27.559 Eventually we need to go through kind of large clinical trials. 0:12:27.760 --> 0:12:29.640 There aren't that many people getting infected with this, so 0:12:29.679 --> 0:12:31.400 you're not going to see those trials, So it's not 0:12:31.440 --> 0:12:34.000 anywhere near primetime. But the good news is I don't 0:12:34.000 --> 0:12:35.120 think we need it right now. 0:12:35.120 --> 0:12:35.959 I mean, we should. 0:12:35.720 --> 0:12:37.760 Develop it obviously, if it becomes a bigger outbreak, we 0:12:37.760 --> 0:12:40.920 should study it much more closely. But for most people 0:12:41.040 --> 0:12:42.560 this is not going to be an issue. But we're 0:12:42.600 --> 0:12:45.080 not going to be getting hunt of virus vaccines anytime soon. 0:12:45.840 --> 0:12:47.319 Since we have you, I do want to ask you. 0:12:47.400 --> 0:12:49.199 There's some reporting from the Wall Street Journal that President 0:12:49.240 --> 0:12:51.360 Trump has signed off on a plan to fire the 0:12:51.440 --> 0:12:55.400 FDA commissioner after policy fights about vaping, the abortion pills, 0:12:55.760 --> 0:12:57.600 and others. He was actually asked about it last night. 0:12:57.600 --> 0:12:59.160 We've got some sound for you. 0:13:00.080 --> 0:13:08.200 In the Love I've been reading about it, but I 0:13:08.280 --> 0:13:09.360 know nothing about it. 0:13:10.400 --> 0:13:12.760 So Trump saying, asked what he knows, he says he doesn't. 0:13:12.800 --> 0:13:13.800 You know, he's going to do it. He says he 0:13:14.040 --> 0:13:16.840 does knows nothing about it. What is your take on 0:13:16.880 --> 0:13:19.320 this and the state of play at the FDA right now, 0:13:19.360 --> 0:13:22.160 how well it's functioning and morale inside that agency. 0:13:23.400 --> 0:13:25.640 Yeah, it's a great question. Obviously, I don't know exactly 0:13:25.720 --> 0:13:30.280 what's happening in terms of doctor mcrey's status. There's all 0:13:30.320 --> 0:13:32.319 this confusion. I've been reading the same stuff that everybody 0:13:32.320 --> 0:13:34.560 else has in terms of the FDA. I mean, I 0:13:34.559 --> 0:13:36.079 think what I would say is I actually was a 0:13:36.120 --> 0:13:38.240 pretty big fan of Marty. I have been for a 0:13:38.240 --> 0:13:41.600 long time of him getting nominated. I think he has 0:13:41.720 --> 0:13:43.600 tried to do a good job. I think he's made 0:13:43.600 --> 0:13:47.280 a few some missteps, and it's been complicated because there's 0:13:47.320 --> 0:13:50.600 a lot of political pressure from his boss, the Secretary 0:13:50.640 --> 0:13:53.480 of AHHS, to do certain things that I think a 0:13:53.520 --> 0:13:56.200 typical FDA commissioner would not face from a typical secretary 0:13:56.240 --> 0:13:58.680 of HHS. So I think Marty's had a hard job, 0:14:00.080 --> 0:14:02.640 and you know, and as I said, I think he's 0:14:02.720 --> 0:14:06.000 been he's very qualified to do this how this plays out, 0:14:06.040 --> 0:14:08.560 I don't know, but the FDA is struggling because they've 0:14:08.559 --> 0:14:10.640 lost a ton of staff. They've been doged, and that 0:14:10.679 --> 0:14:14.400 has meant some of their best scientists have left. Marty's 0:14:14.440 --> 0:14:18.600 been managing at pretty difficult agency that's under a lot 0:14:18.600 --> 0:14:20.680 of stress because of some of those moves. 0:14:22.800 --> 0:14:25.800 Stay with us for more on Bloomberg this weekend. Right 0:14:25.840 --> 0:14:39.840 after this well, President Trump is expected to meet with 0:14:39.880 --> 0:14:41.960 President she in Beijing later this week. As I've been 0:14:41.960 --> 0:14:43.760 talking about over the course of the morning, that summit 0:14:44.080 --> 0:14:46.200 i've been postponed because of the war in Iran, and 0:14:46.240 --> 0:14:47.920 you can guess the conflict will be high on the 0:14:47.960 --> 0:14:50.760 agenda when the heads of the world's two largest economies meet. 0:14:50.920 --> 0:14:53.520 We're us going to talk about trade issues, artificial intelligence, 0:14:53.720 --> 0:14:54.360 and fentanyl. 0:14:54.920 --> 0:14:56.840 Our next guest is the ranking member of the House 0:14:56.840 --> 0:14:59.960 Select Committee on the Strategic Competition between the US and China. 0:15:00.000 --> 0:15:04.440 He's Communist Party Congressman Rocana. Joins us this morning from Maplewood, Ohio, 0:15:04.480 --> 0:15:07.920 where he's leading a three day heartland tour visiting farms 0:15:07.960 --> 0:15:10.200 and factories. We want to get to that trip. We 0:15:10.240 --> 0:15:13.000 also want to get to the President's trip to China. 0:15:13.080 --> 0:15:15.080 But first thank you for joining us, And I do 0:15:15.160 --> 0:15:19.160 want to ask you about that testimony on Wednesday with 0:15:19.280 --> 0:15:23.440 Howard Lutnik. You said, regarding his connections to Epstein, he 0:15:23.480 --> 0:15:26.160 made a quote farce of the English language and that 0:15:26.200 --> 0:15:29.560 Trump would fire him if he heard what he said. 0:15:29.560 --> 0:15:31.840 And I wanted to ask you, are you sure about that? 0:15:32.000 --> 0:15:34.160 Are you sure you think the President would fire him 0:15:34.200 --> 0:15:35.040 if he knew what he said? 0:15:37.200 --> 0:15:40.440 I am, because the President would see him sweating and 0:15:40.600 --> 0:15:45.000 mumbling and struggling to answer very basic questions. I mean, 0:15:45.000 --> 0:15:48.880 Howard Lutnik's testimony was that when he told the nation 0:15:49.560 --> 0:15:55.040 that he would never visit Epstein after two thousand and five, 0:15:55.240 --> 0:15:58.080 that what he meant was that he himself would never 0:15:58.200 --> 0:16:01.200 visit Epstein, but it was fine for him, his wife 0:16:01.240 --> 0:16:04.560 and his kid to visit Epstein's island. That just makes 0:16:04.600 --> 0:16:08.520 no sense. Anyone listening to it would know he was 0:16:08.640 --> 0:16:12.240 lying and he was not honest. 0:16:12.000 --> 0:16:13.560 That's the real issue. 0:16:14.160 --> 0:16:16.440 I want to ask about the Epstein Transparency Act. Where 0:16:16.440 --> 0:16:18.720 we are in this process. So a signal moment having 0:16:18.720 --> 0:16:21.720 the Commerce Secretary up on Capitol Hill testifying before the 0:16:21.760 --> 0:16:25.280 Oversight Committee. There was a lot of commentary early on 0:16:25.320 --> 0:16:28.200 that the Justice Department hadn't upheld its obligations to that act, 0:16:29.200 --> 0:16:31.240 have they since? Are you satisfied with what you've gotten 0:16:31.240 --> 0:16:33.640 from the Justice Department? And indeed, where does this investigation, 0:16:34.360 --> 0:16:36.440 in part helmed by the Oversight Committee go from here? 0:16:38.680 --> 0:16:41.520 Well, it's been the largest release of documents over decades, 0:16:41.600 --> 0:16:46.520 three million files released, and they have shown an Epstein 0:16:46.600 --> 0:16:49.000 class that feels like they don't need to live by 0:16:49.040 --> 0:16:54.000 the rules that treats these women as dispensable. But there's 0:16:54.000 --> 0:16:56.480 still three million files that need to be released. And 0:16:56.520 --> 0:16:58.600 the biggest thing that survivors tell me is they want 0:16:58.600 --> 0:17:02.360 to see investigations. Sections there are people who abuse them, 0:17:02.480 --> 0:17:05.800 rape them, or traffic them in these files, and there 0:17:05.800 --> 0:17:08.919 haven't been any investigations or prosecutions. So we need the 0:17:08.960 --> 0:17:12.880 release of the remaining files, and we need investigations and prosecutions. 0:17:13.280 --> 0:17:15.159 I was also wondering, and stick with me here. It 0:17:15.200 --> 0:17:17.359 is a bit of an odd question, but I'm wonder 0:17:17.359 --> 0:17:20.960 if you've been any insight into why Malania Trump, seemingly 0:17:20.960 --> 0:17:24.359 out of nowhere, made that odd and rare public appearance 0:17:24.480 --> 0:17:27.840 in April, denying any connection with Epstein and calling for 0:17:27.920 --> 0:17:30.800 Congress to bring survivors forward to testify. Do you know 0:17:30.800 --> 0:17:31.480 what prompted that? 0:17:33.359 --> 0:17:36.040 I don't, but I actually welcomed it because, unlike her husband, 0:17:36.080 --> 0:17:39.440 who's calling these survivors a hoax, first Lady Trump is 0:17:39.480 --> 0:17:43.159 saying that they deserve to be heard. First Lady Trump 0:17:43.200 --> 0:17:46.639 is saying that there should be investigations and prosecutions. And 0:17:46.680 --> 0:17:50.119 the most important thing she said is Epstein was not alone. 0:17:50.359 --> 0:17:54.560 She knows that there were other men involved in abusing, trafficking, 0:17:54.680 --> 0:17:58.480 raping these young girls. And she is saying there needs 0:17:58.480 --> 0:18:02.680 to be an investigation, needs to be prosecution, and she's 0:18:02.720 --> 0:18:04.320 contradicting her own husband. 0:18:04.560 --> 0:18:06.720 So what I would ask for the first Lady. 0:18:06.520 --> 0:18:09.560 Is to say, call on the Justice Department to release 0:18:09.640 --> 0:18:14.160 the remaining files and call on them begin investigations and prosecutions. 0:18:14.640 --> 0:18:17.119 Car Spakana, as we mentioned, this trip is coming up 0:18:17.119 --> 0:18:19.399 this week, this postponed trip the President's taking to Beijing 0:18:19.440 --> 0:18:22.000 to meet with President She You're the ranking member of 0:18:22.080 --> 0:18:24.920 this committee on China, and I'm curious of how do 0:18:24.960 --> 0:18:27.840 you see the importance of this visit and indeed what 0:18:27.880 --> 0:18:29.720 you hope will come out of it. What is a 0:18:29.760 --> 0:18:32.399 good outcome in your estimation of this trip where the 0:18:32.440 --> 0:18:34.239 leaders of the two largest economies in the world are 0:18:34.240 --> 0:18:34.640 going to meet. 0:18:36.359 --> 0:18:39.280 Well. I've been in Pennsylvania and Ohio and Michigan talking 0:18:39.320 --> 0:18:42.800 to our farmers, talking to our factory workers. Let me 0:18:42.880 --> 0:18:45.960 offer four things we need to do. First, we need 0:18:46.000 --> 0:18:48.800 to get a deal for China to buy more of 0:18:48.880 --> 0:18:49.960 our soybeans. 0:18:50.600 --> 0:18:51.960 The farmers have been hurt. 0:18:52.080 --> 0:18:55.920 They're buying now from Argentina, They're buying from South America. 0:18:56.040 --> 0:18:59.320 They're not buying from our farmers. Second, we need to 0:18:59.359 --> 0:19:02.200 make sure that they're not sending their ships to our 0:19:02.280 --> 0:19:06.000 ports without a fee. We suspended this fee and China's 0:19:06.840 --> 0:19:12.320 using their ships in our ports that are hurting American shipbuilding. Third, 0:19:12.400 --> 0:19:15.160 we need to find some way to lower the cost 0:19:15.200 --> 0:19:19.400 of fertilizer. It's really hurting a lot of our farmers. 0:19:19.440 --> 0:19:22.600 It's hurting a lot of the food prices in the 0:19:22.720 --> 0:19:25.800 United States. That means getting them not to have export 0:19:25.840 --> 0:19:28.280 controls on that, and that means figuring out how we 0:19:28.359 --> 0:19:32.520 open up this strait or foremost. And finally, we need 0:19:32.560 --> 0:19:36.080 to make sure that they are not dumping into the 0:19:36.200 --> 0:19:42.320 United States. They continue to have unfair trade practices and 0:19:42.359 --> 0:19:43.720 we need to clamp down on that. 0:19:44.800 --> 0:19:48.600 Historically, the Chinese have been very adept and very tenacious negotiators, 0:19:48.680 --> 0:19:51.760 especially when it comes to matters of the economy. We've 0:19:51.800 --> 0:19:54.440 been talking this morning about how the Treasury Secretary has 0:19:54.520 --> 0:19:58.200 laid the groundwork and established a relationship with his counterpart 0:19:58.280 --> 0:20:01.600 in Beijing. But I'm wondering if if you think this administration, 0:20:01.680 --> 0:20:04.640 if you think President Trump is ready to go toe 0:20:04.680 --> 0:20:07.439 to toe with the Chinese, if he can get successfully 0:20:07.440 --> 0:20:09.720 the things you were all just talking about out of 0:20:09.760 --> 0:20:11.640 these negotiations. 0:20:12.960 --> 0:20:14.960 Well, he hasn't shown that ability so far. 0:20:15.119 --> 0:20:17.880 Obviously, I'm rooting for him because he's the American president, 0:20:18.200 --> 0:20:21.640 but we've lost eighty thousand manufacturing jobs on his watch. 0:20:21.920 --> 0:20:25.200 We've seen three hundred and sixteen farm bankruptcies on his 0:20:25.280 --> 0:20:28.399 watch compared to two hundred and fifteen the year President 0:20:28.400 --> 0:20:32.080 Biden was in office. We've seen the trade deficit for 0:20:32.160 --> 0:20:35.919 the United States actually increase. We've seen the cost of 0:20:36.080 --> 0:20:40.480 inputs increase because of blanket tariffs. So he has a 0:20:40.480 --> 0:20:43.800 lot that he has to reverse, and we've had China 0:20:43.800 --> 0:20:46.959 hold us hostage on rare arts and critical minerals. I 0:20:47.040 --> 0:20:50.960 want a deal that actually helps American farmers, American shipbuilders, 0:20:51.160 --> 0:20:55.080 American manufacturers, and I hope he will work to get that. 0:20:55.119 --> 0:20:56.080 He hasn't so far. 0:20:56.880 --> 0:20:59.159 Part of that committee's remit design, understand is to look 0:20:59.200 --> 0:21:01.720 at this balance of this level of competition between the 0:21:01.840 --> 0:21:04.359 US and China. And I'm curious how you see that 0:21:04.440 --> 0:21:06.879 dynamic at play right now. So we had just a 0:21:06.920 --> 0:21:09.439 few days ago Iran's foreign minister going to Beijing to 0:21:09.480 --> 0:21:13.000 meet with China's foreign minister. It's clear that China, by 0:21:13.040 --> 0:21:15.359 not getting actively involved in this conflict in the Middle East, 0:21:15.400 --> 0:21:18.920 is position, shall we say, differently from the US right now. 0:21:18.960 --> 0:21:22.440 And perhaps that's something I think advantageous to the Chinese leadership. 0:21:22.440 --> 0:21:25.120 It's not a war that's training resources from them. Sure, 0:21:25.160 --> 0:21:26.920 they'd like to have the energy that's stalled in the 0:21:27.080 --> 0:21:30.080 strait of horror moves. How do you see that competitive dynamic? 0:21:30.200 --> 0:21:32.520 And how worried are you about the degree to which 0:21:32.560 --> 0:21:36.360 the US the administration is paying attention to that binary 0:21:36.440 --> 0:21:37.440 between the US and China. 0:21:39.960 --> 0:21:43.480 Well, I'm concerned that we're draining our resources in a 0:21:44.080 --> 0:21:46.760 war in Iran. We haven't been able to get their 0:21:46.840 --> 0:21:50.240 enriched uranium out. Iran's regime is more hard lined, with 0:21:50.320 --> 0:21:53.640 the IRGC having more control. Iran has more control over 0:21:53.680 --> 0:21:57.920 the strait of hormos. It's cost US billions of dollars, 0:21:58.600 --> 0:22:01.760 and it's increased our food price, and China basically is 0:22:01.840 --> 0:22:05.040 just watching from the sideline. They're not sinking that money 0:22:05.560 --> 0:22:08.240 into the Middle East. They're sinking that money into building 0:22:08.240 --> 0:22:13.000 their ships, into building alternative energy, renewable energy, into building 0:22:13.000 --> 0:22:15.639 their economy. So what I want is for the United 0:22:15.640 --> 0:22:19.160 States to be putting our resources in investing in manufacturing 0:22:19.200 --> 0:22:22.080 here at home, jobs here at home, research and innovation 0:22:22.240 --> 0:22:25.160 here at home, and not getting sucked into the Middle East. 0:22:25.680 --> 0:22:27.240 That's a drain of our resources. 0:22:27.760 --> 0:22:29.520 Chris, What I do want to ask you more arms 0:22:29.520 --> 0:22:33.160 services the question. And there's this report in the Washington 0:22:33.200 --> 0:22:37.679 Post about US intelligence analyzing the data and saying that 0:22:37.720 --> 0:22:41.760 Iran is situated to last at least three or four 0:22:41.800 --> 0:22:45.280 more months of this blockade before really feeling the economic 0:22:45.320 --> 0:22:47.959 pressure when it comes to a war of attrition. If 0:22:47.960 --> 0:22:50.879 you're looking at Iran versus the US versus even China, 0:22:51.160 --> 0:22:53.560 how long they're willing to sit this out. Do you 0:22:53.680 --> 0:22:56.360 think the American public and people, real people who you've 0:22:56.359 --> 0:22:58.800 been talking to in the Midwest are going to give 0:22:59.000 --> 0:23:01.400 the president the benefit of the doubt for this conflict 0:23:01.400 --> 0:23:03.560 for three to four more months, given what it's doing 0:23:03.600 --> 0:23:05.080 to prices of almost everything. 0:23:07.040 --> 0:23:11.400 No, it's because we're spending a billion to two billion. 0:23:11.119 --> 0:23:13.359 Dollars a day. But that's not just the cost. 0:23:13.400 --> 0:23:15.440 I mean, when it has Pete hext what's the cost 0:23:15.480 --> 0:23:18.000 is said, it's a gotcha question. But Pete HEXTT may 0:23:18.000 --> 0:23:20.840 want to go out to Ohio and Michigan and Pennsylvania. 0:23:20.920 --> 0:23:24.159 Because the cost is the increased cost of gas. The 0:23:24.200 --> 0:23:27.359 cost is the increased cost of diesel. The cost is 0:23:27.359 --> 0:23:31.200 the increased cost of fertilizer. All of that means increased 0:23:31.240 --> 0:23:34.239 costs for Americans when it comes to food, when it 0:23:34.240 --> 0:23:37.159 comes to their rent, when it comes to filling up 0:23:37.200 --> 0:23:41.280 their tanks this summer. And that's not a worth in 0:23:41.320 --> 0:23:45.760 Iran that is more hardline and that still has enriched uranium. 0:23:46.240 --> 0:23:47.240 So we haven't. 0:23:47.000 --> 0:23:51.040 Achieved anything, and we've created enormous economic hardship on the 0:23:51.080 --> 0:23:51.840 American people. 0:23:52.119 --> 0:23:53.639 We need to end this war. 0:23:53.960 --> 0:23:58.159 We need negotiation that opens the straight up foremost allows gas, 0:23:58.200 --> 0:24:01.639 allows diesel, allows fertilizer's prices to fall. 0:24:02.160 --> 0:24:05.200 How blind are you other lawmakers flying right now? I 0:24:05.200 --> 0:24:07.280 guess it's no small thing that the defense Secretary did 0:24:07.280 --> 0:24:10.000 make his way to Capitol Hill to answer some questions, 0:24:10.000 --> 0:24:11.399 not all of them, but at least at least some 0:24:11.480 --> 0:24:13.640 of them. You know, I think when we first heard 0:24:13.680 --> 0:24:15.840 about the funny request the administration was making, there was 0:24:15.840 --> 0:24:19.080 some speculation that lawmakers would welcome that as an opportunity 0:24:19.080 --> 0:24:22.040 to kind of use that to get Secretary Hegseth and 0:24:22.080 --> 0:24:24.440 others on the Hill to answer questions about this conflict, 0:24:24.480 --> 0:24:28.080 about the trajectory of this war. How much confidence do 0:24:28.160 --> 0:24:31.360 you have in your understanding of what the administration wants 0:24:31.359 --> 0:24:32.560 to do and where this war is headed. 0:24:35.200 --> 0:24:38.160 The administration doesn't have a clear strategic goal. First they 0:24:38.200 --> 0:24:41.560 said they wanted regime change. Now they acknowledge that the 0:24:41.600 --> 0:24:44.640 regime that's in place is actually more hard line that comminate. 0:24:44.960 --> 0:24:49.680 Then they said they wanted the nuclear energy out and 0:24:49.800 --> 0:24:52.520 for Iran to be denuclear. Now they acknowledge that enriched 0:24:52.600 --> 0:24:56.960 uranium is still buried under Iran soil. Then they said, well, 0:24:57.000 --> 0:25:00.480 they want the straight off hormose to be open. Wellse 0:25:00.640 --> 0:25:02.879 was open before this war, so now we have to 0:25:02.880 --> 0:25:04.840 figure out how we get the strado for moose open. 0:25:05.040 --> 0:25:08.480 There is no strategic goal. The strategic goal right now 0:25:08.640 --> 0:25:11.000 should be the immediate opening of the straighto for Moose, 0:25:11.119 --> 0:25:14.040 the end to these hostilities, not shooting at each other 0:25:14.240 --> 0:25:15.960 so that the price of food and the price of 0:25:16.040 --> 0:25:20.199 gas can drop, and then negotiation with the international community 0:25:20.440 --> 0:25:24.560 to get Iran to commit on getting enriched uranium ount 0:25:24.640 --> 0:25:28.320 and inspections, something Obama had achieved that Trump tore up. 0:25:28.960 --> 0:25:32.040 The President has been very frustrated with European allies who've 0:25:32.040 --> 0:25:35.720 so far been unwilling to engage directly in either helping 0:25:35.760 --> 0:25:38.520 with the blockade or helping American action in the region. 0:25:39.280 --> 0:25:43.160 Part of the repercussions of that, he has now threatened 0:25:43.200 --> 0:25:45.840 to take a significant number of troops out of Germany 0:25:45.920 --> 0:25:49.119 after the Chancellor had some harsh words about Trump and 0:25:49.160 --> 0:25:52.040 saying he was getting played by the Iranians. Are you 0:25:52.160 --> 0:25:55.159 concerned that that will really happen? And at what level 0:25:55.400 --> 0:25:59.120 do you worry it will impact American operational abilities because 0:25:59.200 --> 0:26:01.359 those are big The US relies on them for a 0:26:01.400 --> 0:26:04.960 heck of a lot of stuff in that theater. Why 0:26:05.040 --> 0:26:06.679 is he doing this and are you concerned it's going 0:26:06.760 --> 0:26:08.080 to impact military readiness? 0:26:09.920 --> 0:26:12.840 Well, I'm concerned that he's doing it in a retaliatory way. 0:26:12.880 --> 0:26:16.640 If he wants to look at lessening our footprint on 0:26:16.800 --> 0:26:21.119 our eight hundred bases overseas to reduce cost. That's a 0:26:21.240 --> 0:26:25.119 separate conversation. But he shouldn't be threatening the German Chancellor 0:26:25.680 --> 0:26:28.920 with our troup presidents in Germany because the German Chancellor 0:26:28.920 --> 0:26:31.880 doesn't want to engage in a blockade that isn't being 0:26:31.920 --> 0:26:33.640 effective in the. 0:26:33.600 --> 0:26:34.520 Strait up Hormouse. 0:26:34.680 --> 0:26:36.600 What we need to do is bring all along our 0:26:36.600 --> 0:26:40.760 European allies, like President Obama did to put pressure on 0:26:40.920 --> 0:26:44.919 Iran to have a deal that forces them to submit 0:26:44.960 --> 0:26:48.040 to inspection and give up their enriched uranium. Obviously, the 0:26:48.080 --> 0:26:53.440 military option didn't work. Yes, the military destroyed Iran's navy. Yes, 0:26:53.480 --> 0:26:57.200 it destroyed Iran's air force. That may weaken them regionally, 0:26:57.280 --> 0:27:01.000 but it did nothing in terms of getting them the 0:27:01.119 --> 0:27:03.760 enriched uranium out. And for that we need our European 0:27:03.800 --> 0:27:05.640 allies in napel and diplomacy. 0:27:06.119 --> 0:27:08.000 Let me pivot from the shooting war in the Middle East, 0:27:08.520 --> 0:27:10.800 shooting war in Europe, to the political war here in 0:27:10.800 --> 0:27:13.360 the United States over congressional districts. And as I said, 0:27:13.400 --> 0:27:15.760 you were uniquely positioned. You're an Armed services oversight The 0:27:15.840 --> 0:27:18.679 China Committee You're also from the great state of California, 0:27:18.720 --> 0:27:20.840 which is wrestling with some of these issues having to 0:27:20.920 --> 0:27:23.719 do with congressional districts. I'm curious what your reaction is 0:27:24.080 --> 0:27:26.120 to what we've seen in recent weeks out of Virginia. 0:27:26.160 --> 0:27:29.240 The Virginia Supreme Court ruling that the redrawn districts that 0:27:29.240 --> 0:27:32.639 were passed by voters there does not comport with the 0:27:32.640 --> 0:27:36.800 States Constitution obviously a setback for Democrats. We saw the 0:27:36.880 --> 0:27:38.800 ruling from the Supreme Court on the Voting Rights Act. 0:27:39.280 --> 0:27:41.520 Where do you see this war, that political war heading 0:27:42.280 --> 0:27:44.280 as we see Republicans and Democrats going back and forth 0:27:44.320 --> 0:27:45.960 on the way those congressional districts are drawn. 0:27:48.160 --> 0:27:52.520 Well, the Virginia decision was overruling Virginia voters. Virginia voters 0:27:52.640 --> 0:27:55.800 just voted on maps, and for the Virginia Supreme Court 0:27:56.040 --> 0:28:01.280 to invalidate an election is deeply in high democratic. And 0:28:01.320 --> 0:28:06.240 then for the US Supreme Court to get voting rights 0:28:06.280 --> 0:28:10.040 in the Deep South to not understand that there's racially 0:28:10.119 --> 0:28:13.159 polarized voting in the Deep South is completely out of 0:28:13.200 --> 0:28:17.160 touch and undermining the efforts of the civil rights movement. 0:28:17.400 --> 0:28:20.480 I mean, they're going after Jim Clyburn's district. There was 0:28:20.560 --> 0:28:23.800 not a black member in Congress in South Carolina for 0:28:23.840 --> 0:28:28.640 one hundred years between Reconstruction and Jim Crow Jim Clyburn, 0:28:28.680 --> 0:28:31.200 one that seen in nineteen ninety two. Because they grew 0:28:31.240 --> 0:28:34.240 a black majority district and they're trying to eliminate that. 0:28:34.240 --> 0:28:37.320 They're trying to eliminate the work of the voting rights 0:28:37.320 --> 0:28:40.720 and civil rights moment, eliminating black majority districts in the South. 0:28:41.040 --> 0:28:44.160 It's deeply concerning, and not on a political level, just 0:28:44.200 --> 0:28:46.600 on a level if anyone who cares about civil rights 0:28:47.160 --> 0:28:50.360 and a black representation in America. 0:28:50.240 --> 0:28:51.959 So what are you going to do about this? 0:28:52.000 --> 0:28:53.960 What are Democrats going to do? And at this point, 0:28:54.080 --> 0:28:57.520 is this a map Democrats can reasonably win and hope 0:28:57.560 --> 0:28:59.360 to flip either of these bodies in November. 0:29:00.920 --> 0:29:01.600 We're going to win. 0:29:01.720 --> 0:29:05.720 The House will win despite all of these games. My 0:29:05.840 --> 0:29:08.400 concern is what is this doing in terms of our 0:29:08.440 --> 0:29:12.120 civil rights representation. I would encourage people to watch Jamie 0:29:12.120 --> 0:29:17.200 Harrison's passionate defense of a black majority districts in South 0:29:17.200 --> 0:29:20.360 Carolina and beyond when he spoke at the South Carolina 0:29:20.480 --> 0:29:24.000 Legislative Session. And I do believe that we can convince 0:29:24.040 --> 0:29:27.960 in some of these legislators not to do what they're 0:29:28.000 --> 0:29:31.360 thinking of doing, eliminating black districts. It's not right for 0:29:31.440 --> 0:29:35.520 the country, and it may actually backfire on them creating 0:29:35.520 --> 0:29:39.440 more democratic districts in the process. So as they eliminate 0:29:39.480 --> 0:29:43.400 black districts, they may actually be creating more democratic opportunities. 0:29:43.480 --> 0:29:45.040 So we're going to be fighting in each one of 0:29:45.080 --> 0:29:49.360 these states to make sure that they don't eliminate these districts. 0:29:49.560 --> 0:29:51.840 What do you say to the viewer of Bloomberg Television, 0:29:51.840 --> 0:29:54.160 the listener to Bloomberg Radio who sees the gentleman from Fremont, 0:29:54.160 --> 0:29:58.680 California in Maplewood, Ohio and wonders if this gentleman has 0:29:58.920 --> 0:30:03.000 higher respirations than representing a congressional district in California, and 0:30:03.000 --> 0:30:05.560 if you demur on answering that directly, what does the 0:30:05.560 --> 0:30:07.440 Democratic Party need to know from the places that you've 0:30:07.440 --> 0:30:09.200 been spending the last three days visiting. 0:30:11.080 --> 0:30:14.000 I'm here in my capacity as the top Democrat on 0:30:14.040 --> 0:30:18.120 the China Select Committee, and I'm here with colleagues from Michigan, 0:30:18.160 --> 0:30:20.720 from Pennsylvania, from Ohio. But what I would say is 0:30:20.760 --> 0:30:24.040 the Democratic Party needs to spend more time in places 0:30:24.160 --> 0:30:28.400 in rural America, on farms in factory towns, and then 0:30:28.440 --> 0:30:29.800 to understand that they're upset. 0:30:29.880 --> 0:30:31.120 They're upset with both parties. 0:30:31.160 --> 0:30:34.640 They've seen manufacturing job laws, they've seen the prices increase, 0:30:34.840 --> 0:30:37.760 They've seen wealth pile up in districts like mine in 0:30:37.800 --> 0:30:40.920 Silicon Valley, while the American dream seems farther out of 0:30:40.960 --> 0:30:43.240 reach here, and we need to offer a vision. I 0:30:43.280 --> 0:30:47.080 call it economic patriotism. A new Industrial bank that invests 0:30:47.080 --> 0:30:50.920 in communities, a thousand new trade schools, a new sense 0:30:50.960 --> 0:30:56.000 of tech institutes across America, a trade agenda that actually 0:30:56.280 --> 0:30:59.440 opens up foreign markets for our farmers. So we need 0:30:59.520 --> 0:31:01.800 to offer an economic agenda for the future. 0:31:02.200 --> 0:31:04.160 So you're exploring running for president. 0:31:06.080 --> 0:31:08.280 Well, right now, I'm exploring what the agenda for the 0:31:08.400 --> 0:31:11.360 China Committee and House Democrats should be. But I do 0:31:11.480 --> 0:31:15.400 believe whoever runs to represent our party in our nation 0:31:15.720 --> 0:31:18.520 should have a comprehensive economic agenda for the future. 0:31:18.560 --> 0:31:20.400 I think that's the central issue. 0:31:20.440 --> 0:31:22.720 How are we going to improve the lives of Americans 0:31:22.960 --> 0:31:25.959 in many of these places that were hollowed out after NAFTA, 0:31:26.080 --> 0:31:29.160 hollowed out after China came into the World Trade Organization, 0:31:29.400 --> 0:31:31.880 what is our vision for bringing them back for having 0:31:31.920 --> 0:31:34.200 economic security and economic independence. 0:31:34.680 --> 0:31:36.840 Corson Kinna, thank you very much for being so generous 0:31:36.840 --> 0:31:38.560 with your time again and joining us from Maplewood, Ohio 0:31:38.560 --> 0:31:40.840 this morning on his tour of heartland States. He heads to 0:31:40.880 --> 0:31:43.200 Michigan this afternoon, and very much appreciate the time. And 0:31:43.240 --> 0:31:45.880 you're engaging on all of these important issues, Christina. Again, 0:31:45.880 --> 0:31:47.800 he sits on so many important committees and is in 0:31:47.800 --> 0:31:49.480 such a unique position to talk about so much of 0:31:49.480 --> 0:31:51.360 what we've been discussing over the course of the morning 0:31:51.400 --> 0:31:52.240 in the last few weeks. 0:31:54.520 --> 0:31:57.080 Stay with us for more on Bloomberg this weekend right 0:31:57.120 --> 0:31:57.560 after this. 0:32:08.880 --> 0:32:11.880 From film to television, to music, even food and health 0:32:11.880 --> 0:32:14.880 and beauty, Korean culture is seeing a surge in popularity 0:32:14.880 --> 0:32:16.480 in America and around the world. 0:32:16.640 --> 0:32:19.400 A new CNN series premiering tonight starring Daniel Day Kim, 0:32:19.520 --> 0:32:21.440 captures this k pop phenomenon. 0:32:21.560 --> 0:32:22.280 Here's a preview. 0:32:23.040 --> 0:32:25.160 Where are we going titoo? 0:32:27.200 --> 0:32:29.480 I don't know, but wherever we're going, I want to 0:32:29.480 --> 0:32:30.440 be wearing this hat. 0:32:30.920 --> 0:32:31.160 WHOA. 0:32:33.440 --> 0:32:35.840 I have to say, it's one of the cleanest factories 0:32:35.880 --> 0:32:40.720 I've ever seen in Korea. You're the first person to 0:32:40.800 --> 0:32:54.000 discover this. Can we see? Wow, Hi, guys, it's just. 0:32:54.000 --> 0:32:54.480 A lot of it. 0:32:55.760 --> 0:32:56.400 It is a lot. 0:32:56.560 --> 0:32:59.960 The host and executive producer of Kay Everything and apparently 0:33:00.280 --> 0:33:03.720 snail aficionado, Daniel Dick Kim is with us. Now, thank 0:33:03.760 --> 0:33:06.400 you for being here. For our radio listeners. Please describe 0:33:06.400 --> 0:33:07.760 what we were just seeing on the screen. 0:33:08.080 --> 0:33:10.720 So what you saw or what was What are called 0:33:10.840 --> 0:33:16.240 king snails and they are used to produce for their 0:33:16.680 --> 0:33:19.520 snail musin, which is the trail that they leave behind 0:33:19.560 --> 0:33:22.720 as they walk places, and that musin is now used 0:33:22.720 --> 0:33:27.360 in cosmetic products. And we went to the factory where 0:33:27.400 --> 0:33:31.840 this musin is harvested from these king snails. 0:33:31.960 --> 0:33:33.760 I have to tell you I've used that product. I 0:33:33.880 --> 0:33:36.280 kind of thought it was a synthetic facsimile. I didn't 0:33:36.320 --> 0:33:37.760 realize it was really from. 0:33:37.840 --> 0:33:42.120 No, it's the literal thing. And so I actually had 0:33:42.160 --> 0:33:45.760 the privilege of having the snails on my hand and 0:33:45.800 --> 0:33:48.080 they're crawling around. They're big, I mean, for the for 0:33:48.160 --> 0:33:50.920 the audio listeners like it's they're like a good like 0:33:51.000 --> 0:33:54.240 four inches long, so they're really big. But I will 0:33:54.280 --> 0:33:57.840 tell you that after I took the snail off my 0:33:57.920 --> 0:34:01.719 hand and my hand had dried, it was noticeably softer. Really, 0:34:01.840 --> 0:34:06.040 it really was, and so you know, I'm proof that 0:34:06.280 --> 0:34:08.080 this stuff actually has an effect. 0:34:08.960 --> 0:34:11.279 Tell us about the genesis of the show. Why did 0:34:11.360 --> 0:34:13.480 you decide to go and make it to focus on 0:34:13.560 --> 0:34:14.240 Koreean culture. 0:34:14.640 --> 0:34:17.560 Well, you know, I've been noticing, you know, how prominent 0:34:17.600 --> 0:34:20.360 Korea culture has become over the last ten or fifteen years, 0:34:20.920 --> 0:34:24.600 in like areas like drama, which is something I'm close to. 0:34:24.680 --> 0:34:27.360 I've been watching, you know, movies like Parasite, when the 0:34:27.400 --> 0:34:31.239 Oscar Squid Game becoming netflix most watched TV show, k 0:34:31.320 --> 0:34:36.279 Pop Demon Hunters becoming Netflix's most watched movie. So, you know, 0:34:36.440 --> 0:34:39.080 it was staring me in the face. And then I realized, 0:34:39.160 --> 0:34:41.880 not only is it, you know, drama, but it's food, 0:34:42.160 --> 0:34:45.879 it's beauty, it's music. Of course everyone knows k pop, 0:34:45.960 --> 0:34:48.200 and so I thought it was a perfect time to 0:34:48.280 --> 0:34:50.160 kind of showcase this culture to the world. 0:34:50.280 --> 0:34:52.000 Did you not have enough jobs? You needed to come 0:34:52.040 --> 0:34:54.440 do my job? You're an actor, your producer, Now now 0:34:54.440 --> 0:34:56.520 you're doing our job. I was watching this last night. 0:34:56.600 --> 0:34:59.040 I was like getting aggressively jealous because you've talked to 0:34:59.080 --> 0:35:01.640 so many fun people. Well, one of my favorite segments 0:35:01.800 --> 0:35:04.279 was in the episode we got on k beauty is 0:35:04.320 --> 0:35:06.440 you go to explain it, it's like a when you 0:35:06.480 --> 0:35:08.640 do your resume in Korea, mostly a lot of times 0:35:08.680 --> 0:35:11.319 includes a photo and you who you know, I've known 0:35:11.360 --> 0:35:13.040 you fore hour, so I don't like to give you compliments, 0:35:13.080 --> 0:35:15.400 but you know, other people find you to be a 0:35:15.480 --> 0:35:19.560 very attractive man. The amount of photoshopping they did on 0:35:19.600 --> 0:35:23.200 your face to make it acceptable for a resume is terrifying. 0:35:23.239 --> 0:35:24.520 And this is like a standard thing. 0:35:24.960 --> 0:35:27.960 It is, well, it's no longer required, but for a 0:35:28.000 --> 0:35:31.400 while employers were requiring a photo to go along with 0:35:31.440 --> 0:35:35.239 your resume, and so Koreans, you know, would start to 0:35:35.280 --> 0:35:38.040 stretch the boundaries of what they actually look like. So 0:35:38.520 --> 0:35:41.000 you can go to these photo booth places and you 0:35:41.040 --> 0:35:44.319 can ask for levels of retouching, and one is like 0:35:44.480 --> 0:35:49.399 K pop goddess. And what they do is they'll they'll 0:35:49.400 --> 0:35:52.799 retouch not only your skin, but they'll make your eyes symmetrical, 0:35:53.040 --> 0:35:57.160 they'll change your jawlines subtly. They'll they'll fix a crooked smile, 0:35:57.280 --> 0:36:01.279 whiten your teeth. But it's not it's so drastic that 0:36:01.719 --> 0:36:05.800 it's not you, but they call it the best version 0:36:06.040 --> 0:36:09.239 of you. 0:36:09.239 --> 0:36:11.879 You make this series and I imagine you're wrestling with 0:36:12.320 --> 0:36:15.359 why Korean culture seems to be so resonant globally and 0:36:15.440 --> 0:36:18.239 so resident at this moment. What's your thinking on that. 0:36:18.800 --> 0:36:22.120 It's a good question. You know, Korea came from a 0:36:22.160 --> 0:36:25.600 war torn, poverty stricken nation just a few generations ago 0:36:25.719 --> 0:36:29.080 to one of the most modern civilizations in the world. 0:36:29.760 --> 0:36:32.000 And I think it has something to do with the 0:36:32.040 --> 0:36:36.239 competitive nature and the pride of the Korean people, and 0:36:36.360 --> 0:36:39.360 both those things are positives and negatives. So one of 0:36:39.400 --> 0:36:42.040 the things I did at the end of every interview 0:36:42.160 --> 0:36:45.600 was ask the interview subjects, what are five words you 0:36:45.640 --> 0:36:49.319 would use to describe the Korean society, And every one 0:36:49.360 --> 0:36:51.000 of them said competitive. 0:36:51.040 --> 0:36:51.520 Is that right? 0:36:51.640 --> 0:36:52.040 Yeah? 0:36:52.520 --> 0:36:57.440 And so that competitive nature, that drive actually propels them 0:36:57.480 --> 0:37:00.440 to succeed in areas in such a short compress time, 0:37:01.080 --> 0:37:03.200 and at the same time, it can make it difficult 0:37:03.320 --> 0:37:05.759 at times to live there if you're falling behind or 0:37:06.160 --> 0:37:07.640 perceived to be falling behind. 0:37:08.080 --> 0:37:10.480 So talk us through the other episodes that you did, 0:37:10.480 --> 0:37:12.880 one on K Pop, you did one in K Beauty, 0:37:13.080 --> 0:37:14.719 What are what's the breath of it? And what was 0:37:14.760 --> 0:37:15.319 your favorite one? 0:37:16.239 --> 0:37:18.160 They were all pretty cool, but I have to say, 0:37:18.239 --> 0:37:21.600 like because I'm a stranger in a strange land when 0:37:21.600 --> 0:37:24.239 it comes to k beauty. That was the one that 0:37:24.280 --> 0:37:25.960 I think I had the most fun with. I actually 0:37:25.960 --> 0:37:29.080 went to a very well known dermatologist and soul and 0:37:29.520 --> 0:37:33.239 underwent a procedure where she injected salmon sperm into my 0:37:33.360 --> 0:37:34.080 salmon sperm. 0:37:34.440 --> 0:37:36.040 Sure, how was that? 0:37:36.480 --> 0:37:40.000 It was actually interesting? Like I'd heard horror stories about 0:37:40.000 --> 0:37:42.560 people doing laser treatments and like they do them and 0:37:42.600 --> 0:37:45.360 you can't be seen for weeks because you look like 0:37:45.400 --> 0:37:48.520 a zombie. But Korea's techniques are so advanced that they 0:37:48.520 --> 0:37:50.560 give you the treatments and you can go about your 0:37:50.560 --> 0:37:55.439 business as soon as you're finished. And and they're they're 0:37:55.520 --> 0:38:00.879 relatively painless, and they're quick, and yeah, that's the thing. 0:38:00.920 --> 0:38:03.920 They're super cheap a relative to the United States, and 0:38:04.000 --> 0:38:10.120 so you know, you know, beauty cosmetics tourism is actually 0:38:10.239 --> 0:38:14.279 on the rise there. There's this one region where or 0:38:14.320 --> 0:38:16.640 one part of the city where all the plastic surgery 0:38:16.640 --> 0:38:19.560 clinics are and you walk down the street and sometimes 0:38:19.719 --> 0:38:21.359 you look like you're on the set of Walking Dead 0:38:21.400 --> 0:38:25.400 because everyone's in like bandages as they're walking down the 0:38:25.440 --> 0:38:28.360 street and sitting in cafes it's very surreal. 0:38:28.800 --> 0:38:30.759 You open the door to us talking about the economics 0:38:30.760 --> 0:38:32.360 of all of this. I'd love to get into that 0:38:32.360 --> 0:38:34.520 a little bit as well. Yes, there's the massive cultural 0:38:35.000 --> 0:38:37.840 resonance that we've seen, but this is a huge business. 0:38:37.920 --> 0:38:39.839 Korean culture, the export of Korean culture is a huge 0:38:39.840 --> 0:38:40.600 business worldwide. 0:38:40.719 --> 0:38:43.239 Yeah, it's a huge business, and it's government supported. There 0:38:43.280 --> 0:38:46.040 are initiatives on behalf of the government to introduce Korean 0:38:46.080 --> 0:38:47.799 food to the world. We get into that a little 0:38:47.840 --> 0:38:52.279 bit into the series. And you know, they embraced k 0:38:52.400 --> 0:38:55.680 pop in such a way that they're active ambassadors for Korea, 0:38:55.960 --> 0:39:01.680 you know, and anyone who's a prominent figure and in 0:39:01.719 --> 0:39:05.920 the global spotlight is honored. There is encouraged by the government. 0:39:06.280 --> 0:39:08.040 Not in such a way that it's like like a 0:39:08.080 --> 0:39:09.520 communist country, but it is. 0:39:09.680 --> 0:39:10.040 It is. 0:39:10.320 --> 0:39:12.520 They're celebrated and they take a lot of pride in 0:39:12.560 --> 0:39:13.440 those who succeeded. 0:39:15.080 --> 0:39:18.759 Stay with us for more on Bloomberg this Weekend. Right 0:39:18.800 --> 0:39:31.200 after this, Welcome back. 0:39:31.080 --> 0:39:34.120 To Bloomberg this Weekend or BT wow. 0:39:34.320 --> 0:39:35.399 As I'm constantly. 0:39:35.080 --> 0:39:41.520 Bulliod, We're making progress. I'm Christina David Gara alongside Lisa Mitteo. 0:39:41.560 --> 0:39:43.080 This is the moment in the show, and Lisa shows 0:39:43.160 --> 0:39:44.680 us all that she has surfaced over the course of 0:39:44.680 --> 0:39:48.160 the week stories. Yes, we you may have missed Lisa. 0:39:48.520 --> 0:39:50.560 May have missed it. I did not. Okay, So let's 0:39:50.560 --> 0:39:52.560 get to the first one. This was actually on the Bloomery. 0:39:52.560 --> 0:39:55.120 This is from Bloomberg. So it says travelers spend big 0:39:55.800 --> 0:40:00.279 by using astrology as a vacation planner. Could Well, here's thing. 0:40:00.320 --> 0:40:03.200 Do you guys follow your signs? No, you're not too 0:40:03.239 --> 0:40:06.200 into that, Okay, a lot of people are. No, A 0:40:06.200 --> 0:40:09.600 lot of people are though, apparently, and a growing number 0:40:09.600 --> 0:40:13.719 they're turning to listen to this astro cartology. Okay. So 0:40:14.000 --> 0:40:16.480 this is when they look at the position of the planets, 0:40:16.520 --> 0:40:18.280 the moment of your birth. So they're going to locate 0:40:18.320 --> 0:40:21.360 places in the world that align with achieving your goals. Okay. 0:40:21.400 --> 0:40:24.000 So a lot of people, like people considering a new 0:40:24.080 --> 0:40:25.919 chapter in their lives. They want to move, they're looking 0:40:25.960 --> 0:40:29.360 for love, they're they're doing all these things. They turned 0:40:29.400 --> 0:40:31.480 to these folks for some guidance. 0:40:31.520 --> 0:40:33.880 You didn't do this some No, when you moved to 0:40:33.880 --> 0:40:34.239 New York. 0:40:34.440 --> 0:40:36.640 You didn't design job, although I did. 0:40:36.840 --> 0:40:39.640 I did once sit through a dinner where a woman, unprompted, 0:40:39.760 --> 0:40:42.279 brought a book, asked everyone for their birthday, and read 0:40:42.320 --> 0:40:45.920 for an hour and a half all of our rising 0:40:45.960 --> 0:40:46.160 like that. 0:40:46.680 --> 0:40:48.880 Okay, you can go next over, get your cards, read nothing. 0:40:49.239 --> 0:40:52.200 No, I I do have a tarot deck. I do 0:40:52.239 --> 0:40:54.320 have a tarot deck. I did a piece once on somebody. 0:40:54.520 --> 0:40:56.279 I did a piece once on somebody who had a 0:40:56.480 --> 0:40:58.560 really nice, chill take on it, and they gifted me 0:40:58.640 --> 0:41:00.520 one afterwards, and it was a nice gift. But I 0:41:00.520 --> 0:41:01.600 don't use it regularly. 0:41:01.640 --> 0:41:02.920 We digress people are using this. 0:41:02.920 --> 0:41:03.719 They're actually doing this. 0:41:03.800 --> 0:41:06.240 They are there are because thirty percent of American adults 0:41:06.239 --> 0:41:08.640 say they turn to these horoscopes tarot cards. Like some 0:41:08.719 --> 0:41:10.680 more people are starting to do this. So now they're 0:41:10.680 --> 0:41:14.400 turning to this new service. And even corporations are hiring 0:41:14.440 --> 0:41:17.400 these people to bring them on because corporations, you know, 0:41:17.480 --> 0:41:20.120 they're they're taking on new ventures. So they want to 0:41:20.120 --> 0:41:22.560 see if it's in the right location. It's it's a 0:41:22.800 --> 0:41:25.120 you gotta read it. It's interesting right. 0:41:25.920 --> 0:41:28.440 Out there, right Hannah, We're going to send you a 0:41:28.480 --> 0:41:31.200 directing message where I'm talking about this Pieceana. 0:41:30.600 --> 0:41:32.800 Okay, this next hoe is from the Wall Street Journal. Okay, 0:41:32.920 --> 0:41:35.279 this is about the boy bands. Okay, so the boy 0:41:35.360 --> 0:41:38.359 band heyday may be over, but the man band era 0:41:38.480 --> 0:41:42.319 has just begun. Okay, so the boy bands that kind 0:41:42.320 --> 0:41:45.279 of we love when we were younger, Okay, a lot 0:41:45.280 --> 0:41:47.239 of them are making big money now. 0:41:47.360 --> 0:41:48.920 Because are we talking about the people. 0:41:48.920 --> 0:41:53.040 We're talking about new kids on the box, Backstreet Boys, right, remember, 0:41:53.080 --> 0:41:57.160 boys to Men, new addition, like all of those things. Yes, yes, yes, 0:41:57.320 --> 0:42:00.000 so there are men now in their forties and fifties. 0:42:01.080 --> 0:42:02.640 They are they're not in their. 0:42:02.480 --> 0:42:06.319 Twenties and thirties anymore. But they're making money because the 0:42:06.360 --> 0:42:09.640 women who love them back in the day now are older. 0:42:09.760 --> 0:42:13.279 They have more money to spend, so they're going to Vegas. 0:42:12.800 --> 0:42:13.440 To the shows. 0:42:13.480 --> 0:42:16.520 They're going with girlfriends. They're doing girl trips. My sister 0:42:16.600 --> 0:42:17.560 actually did one. 0:42:19.280 --> 0:42:19.800 Girlfriend. 0:42:20.000 --> 0:42:21.960 I did not go with her and a girlfriend. They 0:42:22.000 --> 0:42:24.480 booked flights, they went out to I forget where it was, 0:42:24.840 --> 0:42:27.759 but they had an excellent time and they's such a 0:42:27.800 --> 0:42:31.239 phenomenal time. But it's they are really really making money 0:42:31.239 --> 0:42:33.000 off of this. Guys. I was the new kids on 0:42:33.040 --> 0:42:36.840 the block. I got to say that was kind of thing. Yeah, yeah, yeah, yeah. 0:42:36.920 --> 0:42:39.120 And I had three younger sisters so it was always 0:42:39.160 --> 0:42:40.880 like who's your favorite, Who is your favorite? 0:42:40.920 --> 0:42:44.880 So you're my neighbor, new kids on the block, bedspread, bedspread. 0:42:45.840 --> 0:42:49.120 Gosh, but it's a thing. It's a girl's thing. VIP 0:42:49.239 --> 0:42:50.120 tickets and everything. 0:42:50.239 --> 0:42:52.680 Now, but if you guys want to go, you let 0:42:52.680 --> 0:42:53.040 me know. 0:42:54.440 --> 0:42:54.680 Before. 0:42:55.840 --> 0:43:01.040 Okay, Okay, this one's from the New York Times. Okay, longevity, Right, 0:43:01.080 --> 0:43:02.440 A lot of people are seeking and this is some 0:43:02.480 --> 0:43:04.920 of the times. It says the longevity secrets helping athletes 0:43:04.960 --> 0:43:07.879 blow past the limits of age. Okay, So we're talking 0:43:07.880 --> 0:43:11.480 about athletes, right, they're extending their careers. Remember we talked 0:43:11.520 --> 0:43:14.239 about the Winter Olympics, right, two athletes over forty right, 0:43:14.280 --> 0:43:17.480 one gold medals. Last season you had three forty plus 0:43:17.520 --> 0:43:20.319 quarterbacks who started NFL games. And then of course there's 0:43:20.400 --> 0:43:23.000 lebron James, right, he's forty one. His son is playing 0:43:23.040 --> 0:43:25.560 next to him for Little Bronni. Yeah, it's Little Bronni. 0:43:26.280 --> 0:43:28.880 So how they do it, It's more like they're not 0:43:28.920 --> 0:43:30.400 just sitting in an ice bath. I mean, this is 0:43:30.520 --> 0:43:34.200 high tech gadgets. A lot of data involved, like all 0:43:34.200 --> 0:43:37.520 these sci fi tech gadgets, and they're doing a lot 0:43:37.520 --> 0:43:40.680 of different things. A mortal chamber. It's one hundred and 0:43:40.719 --> 0:43:44.719 sixty thousand dollars. It's a human charging station. So some 0:43:44.760 --> 0:43:47.400 of these athletes are even buying those so they can 0:43:47.440 --> 0:43:49.759 kind of rejuvenate themselves because they want to extend their 0:43:49.920 --> 0:43:50.799 career at least. 0:43:50.920 --> 0:43:53.239 How much of this is proven because I have friends 0:43:53.239 --> 0:43:54.759 who do a lot of this stuff. Some of it 0:43:54.800 --> 0:43:57.200 there's some research to back up. But is this just 0:43:57.960 --> 0:44:00.680 is it solacebo effects for any I don't know. 0:44:00.880 --> 0:44:04.160 I mean they're saying that it's helping because they're skinning working. 0:44:04.239 --> 0:44:04.479 Yeah. 0:44:04.560 --> 0:44:06.960 The thing is is that the athletes are making more money, right, 0:44:07.000 --> 0:44:08.560 so think about it. They make more money, they have 0:44:08.600 --> 0:44:11.000 more money to spend on a lot of these you know, 0:44:11.239 --> 0:44:14.160 gadgets to kind of prolong their careers. 0:44:14.200 --> 0:44:16.920 So and you know, the career does end early relatively speaking, 0:44:17.040 --> 0:44:19.279 it does, but maybe the rest of your life and 0:44:20.080 --> 0:44:22.360 only so many play by play jobs that are available. 0:44:24.239 --> 0:44:27.400 All right, I haven't this one more from the Washington Post. Okay, 0:44:27.480 --> 0:44:30.319 so this was an interesting to study why sitting all 0:44:30.400 --> 0:44:32.600 day is so bad for you and what to do 0:44:32.680 --> 0:44:36.000 about it. So we're sitting here right now, yes, and 0:44:36.080 --> 0:44:37.920 we you know, we got now and then to stand 0:44:37.920 --> 0:44:41.160 and stretch. The back. Sitting is a new smoking that 0:44:41.280 --> 0:44:44.279 was like the thing remember that? Not really Okay, So 0:44:44.360 --> 0:44:47.240 apparently the wall streams sit back Washington boats. They asked 0:44:47.239 --> 0:44:50.200 the experts and they said, how much is too much sitting? 0:44:50.320 --> 0:44:52.600 So if you sit for eight to ten hours a day, 0:44:53.000 --> 0:44:55.040 that's a little too much. You can get up, you 0:44:55.040 --> 0:44:58.200 know once in a while. It's tied to higher risk 0:44:58.280 --> 0:45:00.640 of cancer, right, type two diabete. This is what the 0:45:00.640 --> 0:45:03.759 study show depression things like that, And the reason why 0:45:03.800 --> 0:45:06.040 is because when you sit right, your muscles are not 0:45:06.200 --> 0:45:09.239 working and it's affecting your metabolism at the same time. 0:45:09.400 --> 0:45:12.320 So that's what they say. Your muscles are very important, 0:45:12.360 --> 0:45:15.200 so you have to remember that when you're just doing that. 0:45:15.239 --> 0:45:16.560 So that's why I have the standing desk. 0:45:16.719 --> 0:45:19.520 Yes, I take your kinesiological council all the time, so 0:45:19.520 --> 0:45:21.040 simon you are it's aggressively. 0:45:21.080 --> 0:45:22.919 They have the happiest and healthiest. 0:45:22.600 --> 0:45:25.080 Member aspire to do what you're doing. 0:45:25.120 --> 0:45:26.239 So you do have a stand up I have. 0:45:26.239 --> 0:45:28.560 The stand up desk, and then my watch actually tells 0:45:28.600 --> 0:45:30.279 me it goes off when I've been sitting for the 0:45:30.360 --> 0:45:33.799 yell at you, yes it does, and that tells me 0:45:33.840 --> 0:45:37.439 it's time to stand. So yeah, yells at me, yells 0:45:37.480 --> 0:45:39.000 at me. That's I just use my dog. He just 0:45:39.080 --> 0:45:39.560 yells at me. 0:45:39.560 --> 0:45:39.920 To get up. 0:45:40.640 --> 0:45:41.399 You got to take the walks. 0:45:41.400 --> 0:45:41.560 See. 0:45:42.480 --> 0:45:45.200 By the way, Bloomberg This Week at least, thank you, 0:45:46.200 --> 0:45:49.640 Thank you very much, thanks. 0:45:49.360 --> 0:45:52.400 For joining us on today's Bloomberg This Weekend podcast. Don't 0:45:52.400 --> 0:45:54.840 forget to tune in live for the show every Saturday 0:45:54.880 --> 0:45:57.080 and Sunday morning, starting at seven am Eastern. 0:45:57.160 --> 0:46:00.200 We're on Bloomberg Television, Radio and the Bloomberg Business App, 0:46:00.280 --> 0:46:04.400 bringing you unique takes and in depth interviews on news, politics, lifestyle, 0:46:04.520 --> 0:46:05.040 and culture.