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Speaker 1: From our nations. How do we reopen this economy? The

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Speaker 1: latest on how this pandemic is impacting farmers. What does

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Speaker 1: this do for the United States relationship with China? Bloomberg

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Speaker 1: Sound On, The Insiders, the influencers, the insides. We're responding

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Speaker 1: to this crisis and manufacturers are stepping up like never before.

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Speaker 1: You're looking at SEVENY Kennedy for different ductines. How do

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Speaker 1: we make sure a pandemic of this gale never happens again?

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Speaker 1: This is Bloomberg Sound On with Kevin Surrelate on Bloomberg

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Speaker 1: and one oh five point seven f M h D

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Speaker 1: two drives. Very Secretary Stephen Nutian says that the United

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Speaker 1: States cannot shut down the economy even if the coronavirus resurges,

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Speaker 1: and Senator Uh and UH Senator Lindsey Graham gets a

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Speaker 1: sweeping power to probe Obama officials over Russia. Meanwhile, President

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Speaker 1: Trump is going to hit back on the campaign trail,

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Speaker 1: resuming Rallies and Tulsa. On June nine, Team lots to

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Speaker 1: get through. We've got an all star panel critic Gupta

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Speaker 1: Bloomberg Markets Live Reporter is gonna give us the market

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Speaker 1: reaction the stocks have tumbled the most in twelve weeks

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Speaker 1: on the economy and the virus, and Tony Capaccio Bloomberg

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Speaker 1: Pentagon reporter Plus will check in with al Matter and

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Speaker 1: Tyler Deaton, republican trategist and fundraiser. He is the president

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Speaker 1: of Allegiance Strategy. Is always good to have tie on

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Speaker 1: the program. Stocks tumbling the most in twelve weeks. They're nervous, folks.

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Speaker 1: They're nervous about the economy reopening or lack thereof the

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Speaker 1: pace of the reopening, the virus making over this, you know,

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Speaker 1: nerves of a second wave. I mean, the anxiety is palpable.

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Speaker 1: Joining us on the line a good friend and colleague,

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Speaker 1: critic Gupta. She is Bloomberg Markets Live reporter. What happened today? Well, Hi, Kevin,

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Speaker 1: it was a crazy day. You really saw a combination

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Speaker 1: of three things all culminating in this massive drop, the

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Speaker 1: most we've seen since March. And now the first things. First,

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Speaker 1: we've had this incredible rally coming up, a lot of

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Speaker 1: people really uh seeing some momentum, really investing their cash

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Speaker 1: into the market, saying there will be a B shape recovery,

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Speaker 1: of very quick economic recovery. As well as we see

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Speaker 1: the economy reopen, and as we see people really piling in,

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Speaker 1: that always sets up a kind of the stage for

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Speaker 1: people to very quickly uh sell off as well, And

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Speaker 1: that's kind of what you're seeing today. That's just one factor, though,

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Speaker 1: the second being that that we did see some case

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Speaker 1: counts rising from Texas, Florida, and California. So there are

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Speaker 1: some actually fundamental fears here that we could be uh

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Speaker 1: in the early stages of the second wave of the virus.

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Speaker 1: So you are seeing some PTSD uh some trauma, if

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Speaker 1: you will, that we could actually, worst case scenario, return

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Speaker 1: to this lockdown in order to save lives. That's number two.

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Speaker 1: And number three, we did hear some pretty stark warnings

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Speaker 1: from Dr Fauci and I'm a Powell yesterday thing at

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Speaker 1: once again, this b shape recovery that everyone's hoping for

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Speaker 1: may not be as quick and rapid as they think

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Speaker 1: it will be. So meanwhile, Treasury Secretary Stephen manutians telling

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Speaker 1: lawmakers that even if it resurges, you can't shut down

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Speaker 1: the economy. But it's looking like the markets didn't even

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Speaker 1: blink off of that. Off of that news, the SMP

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Speaker 1: five hundred sank almost six percent approaching the seven percent

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Speaker 1: threshold that would have triggered an exchange mandated trading pause.

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Speaker 1: Then you go through the day, I mean, and you're

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Speaker 1: just hearing just about just how how really remarkable of

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Speaker 1: a day on Wall Street, a wild day on Wall Street.

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Speaker 1: It was, uh that the Bloomberg Dollar Spot index surged

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Speaker 1: one percent. So you look at all of those indicators,

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Speaker 1: cretty groups of Bloomberg markets, live reporter um, and it

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Speaker 1: just seems like there's still so much uncertainty. It really is.

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Speaker 1: And I think the best gauge of that is just

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Speaker 1: looking at the volatility index. Uh, That's just the best

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Speaker 1: way of looking at how much a certainty there is.

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Speaker 1: Actually saw a massive spike. A lot of people were

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Speaker 1: really optimistic as early as yesterday, say that the VIX

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Speaker 1: was returning back down from that three level we saw

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Speaker 1: back in March two backdowns of the the twenties, which is

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Speaker 1: still a very elevated level, but it means that certainty

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Speaker 1: is coming back, things are returning to normalcy. And then

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Speaker 1: then the span of one trading session backed up to forty.

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Speaker 1: That is a scary number of folks. Uh. And of

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Speaker 1: course you are seeing that major bid for the dollar

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Speaker 1: like you mentioned up one point two percent on the

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Speaker 1: session after we've already seen this trend in the dollar

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Speaker 1: to the downside. So it really tells you here that

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Speaker 1: people were scrambling to get their hands on the dollar today.

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Speaker 1: Um once again on that safe pave and bid. You

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Speaker 1: mentioned Stephen Minucha and and it's interesting that the markets

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Speaker 1: didn't really react to the fact that the economy wouldn't

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Speaker 1: shut down. It seems like the focus has been shifted

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Speaker 1: a little bit away from what policy makers and governments

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Speaker 1: state governments in particular, are saying regarding how they're going

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Speaker 1: to approach the second wave. It's really coming down to

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Speaker 1: how the underlying consumer will respond, and that is where

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Speaker 1: the uncertainty really lies. We don't know if there is

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Speaker 1: a stronger resilience to going out to the movies, for example,

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Speaker 1: or traveling or getting in your car and taking that

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Speaker 1: summer vacations, or people will really have that fear still

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Speaker 1: instilled in them and want to stay home. That's really

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Speaker 1: where the uncertainty lives, all right. There's so much uncertainty,

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Speaker 1: so much human gloom coming from Wall Street today. Is

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Speaker 1: there anything optimistic, Is any sign of optimism, any sign

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Speaker 1: of hope that you can get us, give us I

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Speaker 1: absolutely can, and good good. I was listening to you

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Speaker 1: and I'm thinking, oh my god, you know it's Friday eve.

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Speaker 1: You know we're almost to the weekend. I need something,

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Speaker 1: I need something. Well, here it is, uh the stock

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Speaker 1: that's sold off so much. Maybe this is the worst

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Speaker 1: of it, um. And I say that with a little

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Speaker 1: bit of caution, but hopefully maybe we'll see some green tomorrow.

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Speaker 1: I mean, remember, this was really just some paring back

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Speaker 1: of all the all the games we saw in the

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Speaker 1: past few weeks, all kind of showing up in this

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Speaker 1: one day in the past when we've seen markets really

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Speaker 1: tank by this much of of the margin, uh, the

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Speaker 1: next day we see them right back in the green

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Speaker 1: um and gaining once again. So this could just see

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Speaker 1: a one day thing, as we have all these factors

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Speaker 1: I just talked about, like you said, show up in

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Speaker 1: the spelling spree all one day. But you could again

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Speaker 1: see some buying on the dip. I've talked to them

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Speaker 1: traders who say they've actually uh found it a great

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Speaker 1: time to actually put their money to work. So you

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Speaker 1: could see all the major abages back in the green

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Speaker 1: again tomorrow. What are some and that we've got like

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Speaker 1: two minutes up. What are only a minute and a

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Speaker 1: half left? What are the what are some of the

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Speaker 1: industries that you've noticed, or what's the biggest industry or

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Speaker 1: sector that you've noticed has really really transitioned well during

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Speaker 1: this time and adapted well during this time that may

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Speaker 1: be surprised you. I'll keep it short here, Kevin, don't worry.

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Speaker 1: I think healthcare has been pretty interesting. Actually, you're really seeing, uh,

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Speaker 1: these healthcare companies uh really come to the forefront and

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Speaker 1: invest in their R and D. And of course a

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Speaker 1: lot that is coming from how we deal with the pandemic, vaccines,

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Speaker 1: drug treatment, So you are seeing, of course the healthcare

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Speaker 1: sector rally off that, but even companies who aren't directly

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Speaker 1: working on the COVID nineteen vaccines have started to invest

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Speaker 1: in their own R and D uh kind of divisions.

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Speaker 1: And I think that really sets up the stage well

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Speaker 1: for any future illnesses we may have us in addition

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Speaker 1: to of course how these companies are performing uh for

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Speaker 1: the long term. So I think healthcare is one that's

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Speaker 1: really interesting to watch, and not just because of the pandemic.

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Speaker 1: What about in the in the athletics space, in terms

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Speaker 1: of some of the nuts sport in certain gym's and

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Speaker 1: in those stocks, how have they been? Which companies do

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Speaker 1: you think have adapted well for them? Oh? I have

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Speaker 1: how hard time picking out companies. Um, but I've got

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Speaker 1: to say, Uh, it really depends once again on this

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Speaker 1: reopening narrative, and I have a hard time, once again,

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Speaker 1: like you said, naming individual companies because it could just

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Speaker 1: change so quickly day to day. It's really all about

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Speaker 1: the consumer. And your guess is as good as mine.

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Speaker 1: Bomb which sector has bombed? Which sector has bombed? Uh?

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Speaker 1: Energy right now, I think we're kind of hoping for

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Speaker 1: that rotation. A lot of people are kind of will

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Speaker 1: that into into reality, and the energy still under performing

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Speaker 1: as we see oil prices take a hit. That move

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Speaker 1: away from tech as the safe haven hasn't really transitioned

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Speaker 1: as well as I think a lot of investors were

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Speaker 1: hoping for into those clilical names like industrials like materials

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Speaker 1: and definitely like energy. Alright, Cretty group to Bloomberg Markets

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Speaker 1: Live Reporter, appreciate you dropping by to give us the

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Speaker 1: lay of the land. The stocks tumble the most in

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Speaker 1: twelve weeks on the economy, but I like the hope.

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Speaker 1: I like the optimism. Remember, you can download Bloomberg's On

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Speaker 1: podcast on Appleikins and Bloomberg dot Com by downloading the

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Speaker 1: Bloomberg Business app. You can also find me on Radio

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Speaker 1: dot Com, I Heart Radio, and Spotify. Much more. Coming

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Speaker 1: up next, we talk foreign policy with Dony Cappaccio, Bloomberg

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Speaker 1: Pentagon Reporter. I'm Kevin Cirelli, Chief Washington correspondent for Bloomberg

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Speaker 1: TV and Radio, and you are listening to Bloomberg nine one.

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Speaker 1: This is Bloomberg Sound On with Kevin Surreley on Bloomberg

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Speaker 1: and one oh five point seven F M h D two.

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Speaker 1: It's almost Friday, keV. It's almost Friday. Barada, she's going

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Speaker 1: on vacation. Our EPs going on vacation for two days.

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Speaker 1: You know, Christine Barrada. What would the world, what would

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Speaker 1: Bloomberg sound On be without Christine Barrada. Tony Cappaccio is

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Speaker 1: on the line, Bloomberg Pentagon reporter. Tony, how are you, buddy?

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Speaker 1: I haven't talked to you in months. I am my healthy, wealthy,

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Speaker 1: but not why you know? Well, those are good treating,

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Speaker 1: those are good things. Right this day and age, it

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Speaker 1: seems like everywhere you turn, there's more questions. All right, Tony,

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Speaker 1: you've got this great story on the Bloomberg terminal. Today

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Speaker 1: the U. S. Army unit was issued bayonets. It's a

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Speaker 1: prep for the DC protest duty. They were gonna use bayonets. Bayonets.

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Speaker 1: What are we? What year is it? Go ahead? All right?

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Speaker 1: I think this was standard This would have been standard

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Speaker 1: issue equipment, with no intention that they'd be put on rifles.

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Speaker 1: They were also we should lie AMMO to put in pouches.

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Speaker 1: So you know, this is the Old Guard at Arlington.

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Speaker 1: They're the Army's oldest active duty unit. There's about fift

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Speaker 1: hundred of them total. People tour see them guarding the

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Speaker 1: Tomb of the Unknown, but they're also the President's ceremonial Guard.

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Speaker 1: And about four to eight these troops out of the

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Speaker 1: hundred in the whole unit, but up to eight hundred

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Speaker 1: were put on active alert last week and they were

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Speaker 1: issued porters to will put bayonnets and scabbards and have

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Speaker 1: live AMMO. I don't think they would have gotten to

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Speaker 1: the point of a bayonets on rifles zone. But uh,

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Speaker 1: the Aspirate acknowledge that today. In a letter yesterday, Aspiral

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Speaker 1: Secretary Aspert acknowledge that to the Armed Services Communey Chairman

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Speaker 1: Adam Smith, who I have to give a shout out

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Speaker 1: to he very he got a tip on this and

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Speaker 1: he put this in a letter to Esper last week,

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Speaker 1: asking and the fun were they brought and put on

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Speaker 1: duty and where they issued bayonets, and they forced the

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Speaker 1: Secretary to answer in a candid way. You know, it

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Speaker 1: really is remarkable. When I saw the bayonets, I thought

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Speaker 1: back to that debate between Obama and Romney. You remember this,

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Speaker 1: the horses and bayonets, when Obama went off to Romney

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Speaker 1: for that. Not only do I remember that, Kevin I

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Speaker 1: was at an Army conference and I spent to two

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Speaker 1: and a half days. They're tracking down how many bannets

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Speaker 1: the Army currently has, and I got'ta tell you the Marines.

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Speaker 1: The Marines had the fastest answer. They came back within

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Speaker 1: two hours. It took the Army like two or three days.

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Speaker 1: So yes, I remember, don't give me in trouble with

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Speaker 1: the Army. Don't give me in trouble Tony. Tony Capaccio

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Speaker 1: is on the line. He's Bloomberg's Panagon remporter. We're talking

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Speaker 1: byets This is why I I this is why this

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Speaker 1: job keeps me on my toes. You know, it is

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Speaker 1: because I never know what the heck the news is

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Speaker 1: gonna bring. Okay, you mentioned Secretary ask for what's he

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Speaker 1: been up to. I mean it's been a it's been

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Speaker 1: a you know, a very um notable, news worthy past

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Speaker 1: couple of weeks. What can you tell us about where

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Speaker 1: things stand between the Pentagon and the White House? I said,

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Speaker 1: My my impression is now things are solidifying a little bit.

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Speaker 1: Last week, Esper took a major step to break the

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Speaker 1: reputation that he's Mark Yesper for everything the White House

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Speaker 1: says he does. Coming out with the statement that was

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Speaker 1: not clear by the White House was was a gutsy

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Speaker 1: move that could have got him fired. I think today's

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Speaker 1: uh stated by by Milly, the Chairman of Joint Chiefs,

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Speaker 1: pretty much criticized and heavily racism in the US and

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Speaker 1: military and our need to be a better society. I

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Speaker 1: think that means in the president even more. But I

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Speaker 1: think Esper right now is in the clear. You remember

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Speaker 1: Kevin if he may be only there till November of

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Speaker 1: Trump loses. So I'm not sure Trump wants to have

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Speaker 1: the turmoil of another defense secretary. Okay, yeah, that's a

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Speaker 1: that's a really good point. Tony Capache is on the line.

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Speaker 1: I'm sticking with this theme. You know, I saw an article,

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Speaker 1: uh there a report yesterday Bloomberg and others that Russian

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Speaker 1: planes were a couple of miles outside of Alaska. Can

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Speaker 1: you tell us what happened and what what that means? Okay,

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Speaker 1: this is assarily normal occurrence being this has happened with

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Speaker 1: some repair, some this has been repeated. This is not

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Speaker 1: an extraordinary event. F twenty twos, the Pentagon, the Air Forces,

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Speaker 1: stealthy fighters intercepted them. But uh, this is the Russians

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Speaker 1: have been doing this for years, prodding and prodding and

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Speaker 1: make they each kind of know the rules of the game.

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Speaker 1: But I wouldn't get too worked up over this when

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Speaker 1: they happened quite a bit. If Russian planes started flying

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Speaker 1: over Los Angeles, then you have more of an issue, alright,

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Speaker 1: because that was that's one of the things that caught

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Speaker 1: my attention yesterday, and you know the internet. Um, Tony,

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Speaker 1: let me also ask you about the U. S and

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Speaker 1: China relationship. What developments can you tell us just from

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Speaker 1: from a from a national security standpoint that you've noticed

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Speaker 1: over the past couple of weeks. I think the US

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Speaker 1: has continued to put vessels into the region there, and

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Speaker 1: a Navy vessel recently went through the Straight of the

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Speaker 1: Taiwan Straights, and I see an unabated Navy activity there.

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Speaker 1: They're not, uh, they're not putting enough presence there to

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Speaker 1: stick their nose in the Chinese face basically, but the

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Speaker 1: US is signaling subliminally and also through occasional transits of

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Speaker 1: the especially the Straight, that the the US is still

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Speaker 1: there and as a as a presence. Now about a

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Speaker 1: month and a half ago, the US can discontinued its

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Speaker 1: permanent bomber presence on Guam, which means where we don't

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Speaker 1: we don't normally have planes there twenty four hours a

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Speaker 1: day now, but the Air Force readjusted and is now

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Speaker 1: putting in periodic patrols or flights, bomber flights from the

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Speaker 1: US to the Guam region kind of in and out,

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Speaker 1: versus being there on a twenty four hour basis. So,

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Speaker 1: especially for Secretary Esware, I mean, he's really been one

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Speaker 1: of the people, along with Secretary Pompeo, who have been

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Speaker 1: trying to make the case to Europe that China is

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Speaker 1: a growing threat to Europe as well. But have they

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Speaker 1: been successful or have you noticed any developments on the

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Speaker 1: European front that they're getting more in line and and

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Speaker 1: and changing their approach with how to deal with China?

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Speaker 1: And not at all? In fact, I think the United

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Speaker 1: Kingdoms and adaptation of Huawei's technology for its five gen networks,

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Speaker 1: I think that was a real sign that Europe does

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Speaker 1: not believe in crying wolf of by China as much

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Speaker 1: as the United States has been doing. So you don't

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Speaker 1: think they've been listening at all? Are They've been listening,

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Speaker 1: but they haven't been acting on it? Is there? Is there? Why?

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Speaker 1: Why isn't there the frustration in Europe at at Beijing

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Speaker 1: and the Communist Party for how they mishandled Corona virus?

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Speaker 1: That there? That there seems to be in the United States? Well,

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Speaker 1: I mean, how can you blame China for what happened

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Speaker 1: in Italy and all those nations? I mean, I can't.

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Speaker 1: I just don't see worthy is are an influx of

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Speaker 1: Chinese travelers into Europe? Was the issue there? All right,

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Speaker 1: Tony Capaccio, We're gonna leave it there. We're gonna have

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Speaker 1: to leave it there. Tony, I very much appreciate you

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Speaker 1: coming on giving us all of the lay of the land.

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Speaker 1: It's it's been long overdue. My friend I kept saying,

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Speaker 1: where's Tony, Where's Tony every time, especially when we were

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Speaker 1: talking about Secretary Aspert. That's Tony Capacio. Bloomberg kind of

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Speaker 1: gone reporter more coming up next we pivot to politics.

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Speaker 1: Al Mother is going to join us, and of course

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Speaker 1: Tyler Deeton. Download Bloomberg Sound On podcast on Apple it Tunes,

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Speaker 1: at Bloomberg dot com, or by downloading Bloomberg Business App.

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Speaker 1: You can also find me on Radio dot com, I

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Speaker 1: Heart Radio, and Spotify. My name is Kevin Surley. I'm

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Speaker 1: the chief Washington correspondent for Bloomberg TV and Radio. You're

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Speaker 1: listening to Bloomberg one. This is Bloomberg Sound On with

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Speaker 1: Kevin Surley on Bloomberg and one All five point seven

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Speaker 1: F M H D two. Lebron James, giving an interview

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Speaker 1: to The New York Times, says that he's all in

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Speaker 1: for and in fact, he and another group of prominent

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Speaker 1: African American athletes and entertainers, they've started a new group

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Speaker 1: aimed at protecting African Americans voting rights. Uh. And they

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Speaker 1: say he he said in an in an interview quote.

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Speaker 1: Because of everything that's going on, people are finally starting

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Speaker 1: to listen to us. We feel like we're finally getting

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Speaker 1: a foot in the door. How long is up to us.

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Speaker 1: We don't know what we feel like. We are getting

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Speaker 1: some ears and it's some attention, and this is time

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Speaker 1: for us to finally make a difference. They're calling this

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Speaker 1: organization more than a vote uh, and it's going to

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Speaker 1: be a voter registration effort as well as a get

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Speaker 1: out the vote effort. UM. This according to Lebron James. Now,

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Speaker 1: they made no mention, they made no mention a President

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Speaker 1: Trump in their remarks. But Lebron remember he had the

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Speaker 1: betto remember Betta of Orke, Remember that shirt back in

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Speaker 1: Texas when Betto of Orke was running against um Tech

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Speaker 1: Cruz Remember ted one. But then Lebron James came out

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Speaker 1: with the whole T shirt. So this is not his

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Speaker 1: first dabble into politics. But again the New York Times reporting, um,

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Speaker 1: they the scoop on this, that that they're launching this

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Speaker 1: this new group. J mart reporting that Jonathan Martin all

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Speaker 1: right joining us on the telephone line. A good friend

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Speaker 1: of the program, Al moder, democratic strategist and partner at

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Speaker 1: Brownstein Hyatt Farber and sharek Al. How are you, hey, Kevin?

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Speaker 1: How you doing? I can't complain, you know, But did

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Speaker 1: you see Joe Biden today? He was in my home city, Philadelphia.

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Speaker 1: I miss it in Philadelphia, and he released a plan

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Speaker 1: to reopen the economy with some major federal support. He

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Speaker 1: says the President Trump only has a one point plan

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Speaker 1: and that's just reopened. But uh, Biden saying it's gonna

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Speaker 1: have to be more measured than that, and here's how

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Speaker 1: he would do it. What did you make of that? Oh?

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Speaker 1: I think it's good that the vice president needs to

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Speaker 1: get out there and show America what he's willing to do.

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Speaker 1: Um but his money where his mouth is, so to speak,

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Speaker 1: and and give people the sense that if they change

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Speaker 1: course in the middle of this great strategic time I'm sorry,

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Speaker 1: tragic time and our our history, they do so with

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Speaker 1: a purpose and for good reason. You know. I think

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Speaker 1: people aren't going to change course if they don't feel

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Speaker 1: like the switch is gonna make a difference. And so

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Speaker 1: I think it's great that he's coming out with a

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Speaker 1: progressive plan that's more comprehensive in terms of investing in

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Speaker 1: America's feature than Trump's and so on balance, very positive.

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Speaker 1: I saw the president folks making fun of him, but

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Speaker 1: that's what they're gonna do, so you can't get around that. Well. Meanwhile,

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Speaker 1: I mean there this really is a study in contrast.

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Speaker 1: Because President Trump is lining up rallies for in like

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Speaker 1: a week and a half and tels, He's going to

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Speaker 1: host in person fundraisers. He's getting back to a sense

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Speaker 1: of normalcy, which is what he would like to project.

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Speaker 1: That is a sharp contrast from what Biden world is doing.

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Speaker 1: And I'm wondering, yes, everybody gets it that that's that

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Speaker 1: he you know, he's trying to portray and project a

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Speaker 1: more measured approach. But at the same time as he

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Speaker 1: putting himself at a disadvantage by not doing some of

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Speaker 1: these things that the that the other campaign is doing. Yes, uh,

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Speaker 1: in a short and I think I think that he

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Speaker 1: can be out there. He can be more active and

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Speaker 1: still be safe. He can do town halls and be safe.

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Speaker 1: He can go visit sites of importance and be safe. Um,

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Speaker 1: and he can visit with voters and be safe. Now,

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Speaker 1: I'm not I wouldn't encourage a person rally because that's

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Speaker 1: not a good idea. But at the same time, where

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Speaker 1: were all the critics when people were protesting, justifiably the

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Speaker 1: horrific racially motivated killing. So you can't have it both ways.

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Speaker 1: And I think the president is trying to be on

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Speaker 1: the side of action and energy. And I think when

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Speaker 1: Democrats uh complain about safety, they look weaker, whether or

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Speaker 1: not their arguments or intellectually coherence. And so I think

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Speaker 1: the Vice President audit it out there more the scenes,

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Speaker 1: more active al manyors online. He's a democratic strategist. And now,

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Speaker 1: I mean, I appreciate the candor, I appreciate the honesty

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Speaker 1: because you didn't give me talking points right there. Yeah,

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Speaker 1: I mean because truthfully what you just said about the protests.

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Speaker 1: I mean, I'm gonna put it in in a in

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Speaker 1: a small town perspective where I grew up and outside

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Speaker 1: of Philly. You know, they can't get a haircut right now,

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Speaker 1: but they can go to the Jersey Shore. They can

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Speaker 1: you utilize their freedom of speech and participate in in

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Speaker 1: the in the peaceful protests. Uh. But but these small

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Speaker 1: town stores and mom and pop shops are still shuttered,

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Speaker 1: and I don't think it makes sense to a lot

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Speaker 1: of people. So when you magnify that confusion on the

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Speaker 1: lens or through the prism of the standard bearer of

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Speaker 1: the Democratic Party, and you've got I don't know, I

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Speaker 1: mean it to me, it's it seems incredibly incredibly um

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Speaker 1: awkward for lack of a better word for what that

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Speaker 1: what they would like to be projecting. Yeah, and I

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Speaker 1: also think it plays in the President's sort of hurtful

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Speaker 1: and hateful desire. It's a portray Biden um in a

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Speaker 1: certain light. I'm not going to repeat his nicknames, but

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Speaker 1: for everybody's listening to knows what they are. And so

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Speaker 1: I think to counter that, you just got to show

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Speaker 1: activity and action. And look, this is complicated. There's no

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Speaker 1: black and white answer. Uh. If you take the health

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Speaker 1: imperative and that's your only driver, nobody should do anything.

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Speaker 1: If you say you've got to help people get back

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Speaker 1: to work and the economies get back and get going,

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Speaker 1: nobody should do anything to protect health. But neither of

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Speaker 1: those imperatives are above and beyond. You got to put

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Speaker 1: them together and figure out the best balance you can.

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Speaker 1: Where I come down is you need to give people

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Speaker 1: the opportunity to make a living. If they choose not

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Speaker 1: to go back and end of the workforce because of fears,

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Speaker 1: then that's that's probably a good choice for them. But

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Speaker 1: let's give people a choice. All right, Well, well, I

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Speaker 1: mean fascinating, fascinating, Okay, any update on in terms of

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Speaker 1: who's going to pick for the VP? Do you think

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Speaker 1: it's gonna be Kamala? Who do you think? Who do

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Speaker 1: you think if I knew that Kevin I could make

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Speaker 1: a lot of money? I don't know. I think obviously

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Speaker 1: it's not shocking, uh for me to say that. I

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Speaker 1: think the odds of him picking an African American have

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Speaker 1: gone up since the Floyd killing. Um that you know,

426
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Speaker 1: for obvious reasons. Um. But I think Joe Biden is

427
00:24:14,760 --> 00:24:19,000
Speaker 1: a guy who really is a visceral politician who's gonna

428
00:24:19,000 --> 00:24:22,479
Speaker 1: do what he feels most comfortable with. And I think

429
00:24:22,560 --> 00:24:24,439
Speaker 1: he's also serious with the fact that he wants to

430
00:24:24,440 --> 00:24:28,639
Speaker 1: pick somebody who he thinks could be president in four years,

431
00:24:28,640 --> 00:24:31,320
Speaker 1: because it's not clear to me that he's necessarily going

432
00:24:31,359 --> 00:24:34,959
Speaker 1: to run twice. So who is that? Is that a mayor?

433
00:24:35,040 --> 00:24:38,879
Speaker 1: Is that a congress person, Is that a senator? You know,

434
00:24:39,000 --> 00:24:41,400
Speaker 1: the person has to check that those boxes, I think,

435
00:24:41,800 --> 00:24:43,720
Speaker 1: or she has to check those boxes, I should say,

436
00:24:44,119 --> 00:24:47,680
Speaker 1: and um, that doesn't narrow it a little bit. And

437
00:24:47,760 --> 00:24:49,560
Speaker 1: I think that some of the candidates who would be

438
00:24:49,560 --> 00:24:54,679
Speaker 1: spectacular from an energy standpoint, um and um and and

439
00:24:54,760 --> 00:24:57,439
Speaker 1: getting the base out might not check every single one

440
00:24:57,440 --> 00:25:00,119
Speaker 1: of those boxes that he's outlined. You know, it is

441
00:25:00,160 --> 00:25:02,080
Speaker 1: some of the names that have come up. Keisha Lance

442
00:25:02,119 --> 00:25:05,600
Speaker 1: bottoms Uh, the Atlanta mayor, she's been in the national

443
00:25:05,720 --> 00:25:10,640
Speaker 1: spotlight in addition to Kamala Harris, Congresswoman Val Demmings. She

444
00:25:10,800 --> 00:25:13,600
Speaker 1: has said that she's she's confirmed that she's getting vetted

445
00:25:14,040 --> 00:25:16,679
Speaker 1: for the position. So there there are a host of

446
00:25:16,680 --> 00:25:20,240
Speaker 1: different names. Susan Race is even someone potentially that has

447
00:25:20,280 --> 00:25:25,159
Speaker 1: been rumbled about as potentially being on on being looked

448
00:25:25,160 --> 00:25:28,600
Speaker 1: at as well. But I want to go back to

449
00:25:28,640 --> 00:25:30,320
Speaker 1: the point that you said you're not convinced he would

450
00:25:30,359 --> 00:25:32,040
Speaker 1: run for a second term. And do you do you

451
00:25:32,040 --> 00:25:35,240
Speaker 1: think he's going to need to to declare that ahead

452
00:25:35,240 --> 00:25:38,679
Speaker 1: of the election or no. No, But I think that

453
00:25:38,760 --> 00:25:41,480
Speaker 1: it's it's it's sort of a parent and it's part

454
00:25:41,480 --> 00:25:44,240
Speaker 1: of why he is suggesting he used to have somebody

455
00:25:44,240 --> 00:25:46,919
Speaker 1: who can step in. Why do you think it's apparent

456
00:25:47,000 --> 00:25:48,439
Speaker 1: not to interrupt you? But why do you think it's

457
00:25:48,440 --> 00:25:52,720
Speaker 1: a parent Well, because I think he came to this

458
00:25:52,840 --> 00:25:56,920
Speaker 1: race somewhat begrudgingly and reluctantly. He thought about running in

459
00:25:57,000 --> 00:26:00,080
Speaker 1: twenty six. He had a lot of personal tracks it

460
00:26:00,119 --> 00:26:02,760
Speaker 1: in his life, and he chose not to um for

461
00:26:02,920 --> 00:26:04,919
Speaker 1: very valid reasons. And I think he came to this

462
00:26:05,000 --> 00:26:08,160
Speaker 1: a bit reluctantly too. And the reason that he's doing

463
00:26:08,240 --> 00:26:11,560
Speaker 1: and is not for ambition or greed or anything like that.

464
00:26:11,640 --> 00:26:13,920
Speaker 1: But he wants to, he say, restoring the soul of

465
00:26:13,960 --> 00:26:18,080
Speaker 1: the nation. And you know, um, I don't think he's

466
00:26:18,680 --> 00:26:22,199
Speaker 1: trying to build a legacy like most presidents or you know,

467
00:26:22,320 --> 00:26:25,959
Speaker 1: spend eight years, you know, getting stuff that can go

468
00:26:26,000 --> 00:26:28,280
Speaker 1: in the museum. For him, he's really trying to sort

469
00:26:28,280 --> 00:26:31,760
Speaker 1: of save our country from what he perceives to be

470
00:26:32,440 --> 00:26:39,240
Speaker 1: an aberration in our history. And so winning, um, I think,

471
00:26:39,280 --> 00:26:41,919
Speaker 1: at least as he sees it, would accomplish that pretty quickly.

472
00:26:43,040 --> 00:26:45,320
Speaker 1: So I I just find that remarkable and I and

473
00:26:45,480 --> 00:26:49,600
Speaker 1: I think that up on a debate stage, that contrast

474
00:26:49,720 --> 00:26:53,680
Speaker 1: will be remarkable, especially if he's able to get more

475
00:26:53,760 --> 00:26:56,800
Speaker 1: Republican endorsements, but not and not just the never trumpers.

476
00:26:56,880 --> 00:26:59,320
Speaker 1: But I don't know. I'm out a fascinating conversation. Thanks

477
00:26:59,320 --> 00:27:01,840
Speaker 1: so much for making from you today. Democratic Strategist had,

478
00:27:01,840 --> 00:27:03,680
Speaker 1: of course a partner at Brown Sting, Hyatt, Farber and

479
00:27:03,720 --> 00:27:06,720
Speaker 1: shrek Um breaking down everything and really not holding back.

480
00:27:06,720 --> 00:27:08,800
Speaker 1: Coming up, we're gonna check in with Tyler Deaton to

481
00:27:08,880 --> 00:27:12,400
Speaker 1: get the Republican viewpoint. I'm Kevin Cirelli. I'm the chief

482
00:27:12,400 --> 00:27:15,800
Speaker 1: Washington correspondent for Bloomberg Television and for Bloomberg Radio. And

483
00:27:15,840 --> 00:27:45,240
Speaker 1: you're listening to Bloomberg. This is Bloomberg's Sound On with

484
00:27:45,359 --> 00:27:49,800
Speaker 1: Kevin Surreley on Bloomberg and one oh five point seven

485
00:27:49,880 --> 00:27:52,800
Speaker 1: f M HD two. I'm Kevin Sirelli. I'm the chief

486
00:27:52,800 --> 00:27:57,399
Speaker 1: Washington correspondent for Bloomberg Television and for Bloomberg Radio. Tyler

487
00:27:57,480 --> 00:28:01,280
Speaker 1: Deaton's on the line. Tyler is a Republican strategists and fundraiser.

488
00:28:01,320 --> 00:28:04,320
Speaker 1: He's the president of Allegiance Strategies. Tyler, what have you

489
00:28:04,359 --> 00:28:09,280
Speaker 1: been up to in these quarantine times? Well, you know,

490
00:28:09,400 --> 00:28:13,240
Speaker 1: Congress was out for a little bit around Memorial Day,

491
00:28:13,280 --> 00:28:15,960
Speaker 1: but now they've been back and we're just trying to

492
00:28:15,960 --> 00:28:18,200
Speaker 1: see what all we can get done before we hit

493
00:28:18,280 --> 00:28:21,560
Speaker 1: the next big break around the fourth of July. You know,

494
00:28:21,720 --> 00:28:23,240
Speaker 1: what do you think they're going to get done another

495
00:28:23,320 --> 00:28:27,760
Speaker 1: round of economic stimulus. I think that's a great question.

496
00:28:28,000 --> 00:28:31,480
Speaker 1: There's not a lot that's moving. I think another stimulus

497
00:28:31,480 --> 00:28:35,200
Speaker 1: package is inevitable. Majority Leader Mitch McConnell has already put

498
00:28:35,200 --> 00:28:38,160
Speaker 1: a price tag on it up up to but no

499
00:28:38,320 --> 00:28:41,240
Speaker 1: more than one trillion dollars. I think that as we're

500
00:28:41,240 --> 00:28:44,080
Speaker 1: starting to feel more of the economic impact a lot

501
00:28:44,120 --> 00:28:46,280
Speaker 1: of your listeners have probably seen. Stock markets took a

502
00:28:46,360 --> 00:28:49,120
Speaker 1: huge hit today, down six percent on the SMP six

503
00:28:49,160 --> 00:28:52,640
Speaker 1: and a half percent down on the DOW. I think

504
00:28:52,720 --> 00:28:55,800
Speaker 1: that the Republican majority of the Senate has been waiting

505
00:28:55,800 --> 00:28:58,960
Speaker 1: for more economic data to decide what the next stimulus

506
00:28:58,960 --> 00:29:02,400
Speaker 1: packets should look like. But I'm going to move. I

507
00:29:02,520 --> 00:29:06,160
Speaker 1: think that Senator Tim Scott from South Carolina has put

508
00:29:06,240 --> 00:29:09,960
Speaker 1: forward a criminal justice reform package. I think we should

509
00:29:09,960 --> 00:29:13,160
Speaker 1: expect that would get some floor time this summer um

510
00:29:13,200 --> 00:29:16,320
Speaker 1: with everything that's happening around the country and other than that,

511
00:29:16,520 --> 00:29:19,760
Speaker 1: you know, I don't know what's gonna move. Oh, I

512
00:29:19,760 --> 00:29:22,280
Speaker 1: will let me ask you about that. About Senator Tim Scott,

513
00:29:22,320 --> 00:29:24,600
Speaker 1: the Republican from South Carolina. He's been the point person

514
00:29:25,360 --> 00:29:28,320
Speaker 1: for the White House in terms of a potential a

515
00:29:28,360 --> 00:29:32,320
Speaker 1: potential piece of legislation for for reform. But what I

516
00:29:32,320 --> 00:29:37,720
Speaker 1: want to know is, for something this um enormous, typically

517
00:29:37,880 --> 00:29:41,560
Speaker 1: it wouldn't pass before an election. And I'm wondering if

518
00:29:41,920 --> 00:29:45,880
Speaker 1: it's obviously not going to be um, you know what,

519
00:29:46,160 --> 00:29:49,840
Speaker 1: everything that the Democrats want, but is there enough appetite

520
00:29:49,840 --> 00:29:53,840
Speaker 1: for common ground for it to be passed UM before

521
00:29:53,880 --> 00:29:55,479
Speaker 1: the election? Do you know what I'm trying to get at?

522
00:29:55,560 --> 00:29:58,080
Speaker 1: I mean, because because I do, I do, and you're right.

523
00:29:58,160 --> 00:30:01,200
Speaker 1: I mean, look like it's hard for these two parties

524
00:30:01,200 --> 00:30:05,520
Speaker 1: to come together um anytime, but especially in the heat

525
00:30:05,520 --> 00:30:09,680
Speaker 1: of an election, and especially on a topic like this.

526
00:30:10,760 --> 00:30:12,320
Speaker 1: And that's that's what I was gonna say. I think

527
00:30:12,320 --> 00:30:17,000
Speaker 1: that on this topic, just because of how much energy

528
00:30:17,040 --> 00:30:20,120
Speaker 1: there is around the country right now to do something,

529
00:30:20,680 --> 00:30:23,239
Speaker 1: I think what we might see is that, um, the

530
00:30:23,320 --> 00:30:26,840
Speaker 1: Senators might come together with a sort of a modest

531
00:30:27,320 --> 00:30:30,400
Speaker 1: bill that they can do this summer, and then I

532
00:30:30,440 --> 00:30:33,160
Speaker 1: think you might see a much bigger bill move during

533
00:30:33,200 --> 00:30:38,640
Speaker 1: this this upcoming Lane Duck session in the December. I

534
00:30:38,680 --> 00:30:40,720
Speaker 1: think after the elections you could actually see a bigger

535
00:30:40,720 --> 00:30:42,680
Speaker 1: package move. But I guess what I would want to

536
00:30:42,680 --> 00:30:45,040
Speaker 1: point out is that there is a lot of common

537
00:30:45,200 --> 00:30:49,120
Speaker 1: ground here. I've seen today. Just today, Senator Rounds, a

538
00:30:49,160 --> 00:30:52,600
Speaker 1: Republican from South Dakota, and Senator Blanta, Republican from Missouri,

539
00:30:52,760 --> 00:30:55,840
Speaker 1: both said that they're open to taking Confederate general's names

540
00:30:55,880 --> 00:30:58,960
Speaker 1: off of military basis UM. And I gotta say, you know,

541
00:30:59,080 --> 00:31:02,160
Speaker 1: I was surprised that the um these guys stepping up,

542
00:31:02,920 --> 00:31:05,880
Speaker 1: well surprised, So, you know, I don't know, I don't know, keV.

543
00:31:05,960 --> 00:31:07,760
Speaker 1: There might be a little bit of a glimmer of

544
00:31:08,040 --> 00:31:13,120
Speaker 1: something coming together to actually some bipartisanship. So I was

545
00:31:13,120 --> 00:31:16,080
Speaker 1: taking my walk, you know, earlier today and I was

546
00:31:16,120 --> 00:31:17,720
Speaker 1: just thinking that, I mean, it's just been such a

547
00:31:17,760 --> 00:31:20,200
Speaker 1: doom and gloom news cycle today. I need some hope.

548
00:31:20,280 --> 00:31:23,240
Speaker 1: I need some defiant hope. Tyler Deaton's on the line.

549
00:31:23,280 --> 00:31:25,960
Speaker 1: He's a Republican strategist. Tie. I want to talk about

550
00:31:26,120 --> 00:31:28,640
Speaker 1: down ballot races. It's something that I haven't been been

551
00:31:28,680 --> 00:31:31,080
Speaker 1: paying as much attention to over the last couple of weeks.

552
00:31:31,120 --> 00:31:33,920
Speaker 1: And we have to because obviously who controls the House,

553
00:31:34,200 --> 00:31:38,360
Speaker 1: and the Senate has such such enormous implications for policy

554
00:31:38,640 --> 00:31:40,840
Speaker 1: no matter who's in the White House. So how have

555
00:31:40,960 --> 00:31:44,239
Speaker 1: the how is pandemic? How has UM George Floyd? How

556
00:31:44,320 --> 00:31:47,920
Speaker 1: is that at all impacted the trajectory of of the

557
00:31:48,000 --> 00:31:50,320
Speaker 1: Senate UH and the House. I made this point to

558
00:31:50,320 --> 00:31:52,720
Speaker 1: Tom Keene earlier this week that it's it's a bit

559
00:31:52,720 --> 00:31:55,800
Speaker 1: more nuanced because if you're an incumbent, no matter which

560
00:31:55,800 --> 00:31:57,440
Speaker 1: party you're in at the state level, if you're an

561
00:31:57,440 --> 00:31:59,959
Speaker 1: incumbent at the state level, the pandemic might have hell

562
00:32:00,080 --> 00:32:03,520
Speaker 1: to you because it hasn't allowed for your opposition to

563
00:32:04,000 --> 00:32:06,640
Speaker 1: criss cross the state or criss cross the district and

564
00:32:06,760 --> 00:32:10,840
Speaker 1: campaign as aggressively as they might have hoped. Well, I'll

565
00:32:10,840 --> 00:32:12,920
Speaker 1: tell you it's It all boils down to the map,

566
00:32:13,080 --> 00:32:17,880
Speaker 1: because everybody knows the electoral college is basically determined by

567
00:32:18,000 --> 00:32:21,560
Speaker 1: six or seven swing states, and this fall, the Senate

568
00:32:21,920 --> 00:32:25,480
Speaker 1: majority will also be controlled by about six or seven states.

569
00:32:25,480 --> 00:32:27,200
Speaker 1: And a few of those states are the same state,

570
00:32:27,320 --> 00:32:32,080
Speaker 1: North Carolina being one of those big top up states. Um,

571
00:32:32,080 --> 00:32:36,080
Speaker 1: whoever wins the White House probably need to win North Carolina,

572
00:32:36,200 --> 00:32:38,719
Speaker 1: and then you have a Republican Senator Tom tillis up

573
00:32:38,720 --> 00:32:42,280
Speaker 1: for re election UM, and that's a tight race. And

574
00:32:42,360 --> 00:32:45,400
Speaker 1: so it's hard to say right now you know what

575
00:32:45,480 --> 00:32:49,960
Speaker 1: affects these races more COVID nineteen UM, the protests. I

576
00:32:50,000 --> 00:32:54,240
Speaker 1: think that there's a lot more information still to come

577
00:32:54,280 --> 00:32:57,960
Speaker 1: on what the economy actually looks like in November. But

578
00:32:58,160 --> 00:33:04,000
Speaker 1: look Arizona, Colorado, Maine, Georgia. These are all other states

579
00:33:04,040 --> 00:33:06,960
Speaker 1: that have Republican senators running for re election, and right

580
00:33:07,000 --> 00:33:09,680
Speaker 1: now they've all got a tough race. None of them

581
00:33:09,680 --> 00:33:13,480
Speaker 1: have a cakewalk. And so I know that UM majority

582
00:33:13,560 --> 00:33:17,160
Speaker 1: leader McConnell as well as the Democratic leader Chuck Schumer,

583
00:33:17,200 --> 00:33:20,680
Speaker 1: they're both watching this closely. Think that right now it's

584
00:33:20,760 --> 00:33:23,520
Speaker 1: just it's too early to say how this affects any

585
00:33:23,520 --> 00:33:28,840
Speaker 1: particular race, but it is for sure UM a tight,

586
00:33:29,400 --> 00:33:31,960
Speaker 1: a tight race to see who actually controlled the Senate. Kevin,

587
00:33:32,000 --> 00:33:34,600
Speaker 1: I mean, I think that more and more Republicans do

588
00:33:34,760 --> 00:33:39,520
Speaker 1: believe that UM the Senate could flip, and so these

589
00:33:39,600 --> 00:33:42,120
Speaker 1: races are all just as important to a lot of

590
00:33:42,120 --> 00:33:43,840
Speaker 1: people as the race for the White House. Do you

591
00:33:43,880 --> 00:33:51,000
Speaker 1: think thetory of that UM Democrats need to win three

592
00:33:51,080 --> 00:33:55,760
Speaker 1: of these races UM and win the White House, or

593
00:33:55,840 --> 00:33:57,680
Speaker 1: if they need to win for you know, I would

594
00:33:57,680 --> 00:34:00,959
Speaker 1: at least flag for folks that there's this. Um. You know,

595
00:34:01,440 --> 00:34:04,440
Speaker 1: Doug Jones is the Democratic senator from Alabama. He was

596
00:34:04,480 --> 00:34:08,160
Speaker 1: able to to squeak in because Republicans lost their minds

597
00:34:08,160 --> 00:34:11,560
Speaker 1: and nominated Roy Moore. Um, it seems like this time

598
00:34:11,840 --> 00:34:13,800
Speaker 1: I don't think that Republicans are going to make the

599
00:34:13,880 --> 00:34:17,279
Speaker 1: mistaken Alabama again, And so Democrats are starting at a

600
00:34:17,320 --> 00:34:20,200
Speaker 1: small disadvantage because they're all but guaranteed to lose that

601
00:34:20,320 --> 00:34:23,600
Speaker 1: seat in Alabama. But even still, if Democrats can pick

602
00:34:23,680 --> 00:34:26,520
Speaker 1: up four seats, they could have control of the Senate.

603
00:34:27,200 --> 00:34:29,640
Speaker 1: Are your Republican strategist, Are you nervous about how Trump

604
00:34:29,680 --> 00:34:32,960
Speaker 1: has been doing the past couple of weeks. Um, I

605
00:34:33,000 --> 00:34:35,799
Speaker 1: am not so much nervous about how Trump's been doing.

606
00:34:35,840 --> 00:34:39,359
Speaker 1: I'm nervous for our economy, Kevin. I think that I'm

607
00:34:39,400 --> 00:34:41,920
Speaker 1: nervous that it just doesn't seem like our parties can

608
00:34:41,920 --> 00:34:45,640
Speaker 1: come together on even the most basic things anymore, and

609
00:34:45,719 --> 00:34:50,040
Speaker 1: so look like we need another stimulus. Maybe that's partially

610
00:34:50,080 --> 00:34:52,040
Speaker 1: why I believe that there will be one. I think

611
00:34:52,080 --> 00:34:54,160
Speaker 1: we need one. I think that Congress is gonna have

612
00:34:54,239 --> 00:34:58,759
Speaker 1: to come together with some other economic rescue. Unemployment is

613
00:34:59,560 --> 00:35:02,120
Speaker 1: still and people are talking about the second wave of

614
00:35:02,160 --> 00:35:04,160
Speaker 1: the virus. I think we're just not thinking about what

615
00:35:04,320 --> 00:35:08,360
Speaker 1: that means for a second wave of economic pain. And

616
00:35:08,480 --> 00:35:13,560
Speaker 1: that's what we need to start talking about. You know,

617
00:35:13,640 --> 00:35:16,439
Speaker 1: hospitality jobs, they're just some of them aren't coming back,

618
00:35:16,440 --> 00:35:19,440
Speaker 1: and so we've got to be thinking, to be thinking

619
00:35:19,719 --> 00:35:22,319
Speaker 1: with with innovation and mind. All right, so how do

620
00:35:22,360 --> 00:35:24,360
Speaker 1: we do that. We've got two minutes left and two minutes.

621
00:35:24,400 --> 00:35:26,719
Speaker 1: Tell me how we think of it all here in

622
00:35:26,719 --> 00:35:28,640
Speaker 1: two minutes, let's do it, you know, I think I

623
00:35:28,680 --> 00:35:31,680
Speaker 1: think that would be good. Tie tie, listen. Time is

624
00:35:31,719 --> 00:35:33,160
Speaker 1: of the essence. If we can do it in too,

625
00:35:33,200 --> 00:35:35,919
Speaker 1: THI let's do it in too. I'll tell you. There's

626
00:35:35,960 --> 00:35:37,880
Speaker 1: one idea that's out there that I think has a

627
00:35:37,920 --> 00:35:40,560
Speaker 1: lot of promise UM, and it's to help with the

628
00:35:40,600 --> 00:35:44,560
Speaker 1: nonprofit sector. Okay, there are all these charitable organizations and

629
00:35:44,600 --> 00:35:48,480
Speaker 1: they're just getting destroyed by the bad economy. UM, And

630
00:35:48,520 --> 00:35:50,759
Speaker 1: that could be a great way to employ people. UM

631
00:35:50,880 --> 00:35:54,000
Speaker 1: is to look at these social service organizations and just

632
00:35:54,360 --> 00:35:56,960
Speaker 1: have the government UM, instead of trying to run some

633
00:35:57,000 --> 00:36:01,440
Speaker 1: of these programs itself, get money out into the charitable organization,

634
00:36:02,000 --> 00:36:04,200
Speaker 1: let them employ people, let them do some of this

635
00:36:04,320 --> 00:36:06,879
Speaker 1: work that they know best. I think that that could

636
00:36:06,920 --> 00:36:09,400
Speaker 1: be a really exciting way to solve this. UM. I

637
00:36:09,440 --> 00:36:11,719
Speaker 1: know that there's a bill circulating that would would make

638
00:36:11,760 --> 00:36:13,600
Speaker 1: that part of the next relief package, So I think

639
00:36:13,600 --> 00:36:15,720
Speaker 1: that people should keep an open mind for that. Tyler,

640
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Speaker 1: what are you streaming tonight? I think I'm still gonna

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Speaker 1: be watching Lost. I'm I'm reaching which season everyone's watching Lost?

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Speaker 1: I was ahead of the curve. I watched it when

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Speaker 1: it was live. Wait, wait, which season? You've got a

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Speaker 1: hurry off? The season three? I'm like half. So you've

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Speaker 1: been down the hatch, you've been down the hedge and

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Speaker 1: clan a baby, Clan a baby. All right, Tyler Deeton,

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Speaker 1: Republican strategists appreciate you coming on and uh indulging with

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Speaker 1: me President of Allegiance as well. Coming up tomorrow, we're

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Speaker 1: going to continue the conversation. Hopefully we get a better

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Speaker 1: news cycle tomorrow. Folks, don't you know, don't don't blame

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Speaker 1: the messenger. I'm Kevin si really, chief Washington correspondent for

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Speaker 1: Bloomberg Television and for Bloomberg Radio. It's beautiful Bay. On

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Speaker 1: a walk, you're listening to Bloomberg's so bess h