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Speaker 1: Five from our nation's camera. How do we reopen this economy?

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

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

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Speaker 1: Bloomberg Sound on, the Insiders, the influencers, the insides. We're

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Speaker 1: responding to this crisis and manufacturers are stepping up like

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Speaker 1: never before. We're looking at seveny Kennedys for different vaccines.

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Speaker 1: How do we make sure a pandemic of this scale

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Speaker 1: never happens again? This is Bloomberg Sound On with Kevin

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Speaker 1: Surrelate on Bloomberg and one oh five point seven fm

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Speaker 1: h D. Two monumental movements in the Middle East as

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Speaker 1: the U a E and Bahrain visit the White House

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Speaker 1: along with his radily Prime Minister Benjamin Netanyahoo. I'll take

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Speaker 1: you live to my exclusive conversation with Ambassador Freedman U

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Speaker 1: s Ambassador to Israel. You don't want to miss that.

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Speaker 1: What does it mean for the shifting uh shifting dynamics

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Speaker 1: in the region. Plus all of the latest on the

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Speaker 1: front and fiscal stimulus. Is there now a problem? Solvers

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Speaker 1: Caucus proposal out on fiscal stimulus A lot to get

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Speaker 1: through all of that in Oracle. TikTok leaders from the

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Speaker 1: United Arab Emirates in Bahrain joined President Trump today at

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Speaker 1: the White House to sign a chords establishing diplomatic relations

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Speaker 1: with Israel, becoming just the third and fourth Mideast nations

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Speaker 1: to formally recognize Israel. Here's what President Trump had to

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Speaker 1: say about it earlier at the ceremony. Together, these agreements

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Speaker 1: will serve as the foundation for a comprehensive piece of

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Speaker 1: course the entire region, something which nobody thought was possible,

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Speaker 1: certainly not in this day and age, maybe in many

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Speaker 1: decades from now. Earlier today at the White House, I

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Speaker 1: spoke to US Ambassador to Israel, David Friedman, about the

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Speaker 1: deal and also about how these new partnerships will allow

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Speaker 1: Israel to reduce their dependence on China. I asked him

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Speaker 1: first how these deals came about. Take a listen, Well,

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Speaker 1: I think they started with a fundamental shift in American

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Speaker 1: policy of the United States, UH, standing with its friends,

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Speaker 1: with its allies, regaining trust of of its natural allies

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Speaker 1: in the Middle East, and UH, and I think of

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Speaker 1: being a very good friend to Israel. And I think

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Speaker 1: UH these other nations kind of looked at the the

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Speaker 1: way our policy was evolving and said, you know, we

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Speaker 1: also want to be a friend of the United States.

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Speaker 1: Being a friend of the United States is a very

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Speaker 1: good place to be in the Middle East. And I

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Speaker 1: think that caused um all these countries to come together

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Speaker 1: under common interests. Specifically as it relates to the economy,

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Speaker 1: that was one of the major negotiating chips as that

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Speaker 1: were a part of these deals. How did Israel and

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Speaker 1: the US economy, How was that able to bring some

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Speaker 1: of these partners on board. Well, you know, Israel is

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Speaker 1: a is a is a first world economy. America obviously

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Speaker 1: is the leading economy in the world. Um, there is

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Speaker 1: there's so much that America and Israel can or for

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Speaker 1: the Gulf States and vice versa. It's not a one

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Speaker 1: way street. I think all of these folks have been

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Speaker 1: trying to get together for years and couldn't find the

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Speaker 1: right opportunity, the right the right dynamic to do so. UM.

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Speaker 1: I think with you know, the President's UM piece through

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Speaker 1: strength overall policy, it gave everybody the sense that this

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Speaker 1: is the right time. There are some skepticism that the

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Speaker 1: Saudis weren't going to be able to allow for there

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Speaker 1: to be flights Uh. And now that it was just

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Speaker 1: going to be a singular flight and then it would

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Speaker 1: it would pause. But now the Saudis have agreed to

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Speaker 1: have flights. I mean, what role did the Saudia's play

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Speaker 1: in in the negotiations specifically with you A. Well, first

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Speaker 1: of all, the Saudis are also, of course very close

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Speaker 1: to my rain, so it's unlikely that any of this

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Speaker 1: would have happened with that Saudi support. The Saudis wol

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Speaker 1: have been great from the very beginning. You know, they

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Speaker 1: allowed h the first flight, first commercial flight from Tel

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Speaker 1: Aviv to Abu Dhabi. Uh. They then opened up their

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Speaker 1: airspace more broadly to Israel flying. Uh. You have no

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Speaker 1: idea how much time that saves. You're talking about saving

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Speaker 1: four hours on a you know, an eight hour flight

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Speaker 1: becomes a full hour flight. It opens up a lot

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Speaker 1: of South Asia to Israel and ways never before. So

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Speaker 1: it's really a massive opportunity to studies have been terrific

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Speaker 1: and making that happen. All right, So I'm looking at

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Speaker 1: the list, Sudan, Oman, Morocco, who's going to be next? Well? Yeah,

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Speaker 1: look if I told you you couldn't make any money

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Speaker 1: betting on it, right, is that a good list. Is

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Speaker 1: that a good list? Am I the right? Look? Um,

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Speaker 1: that's a good list. I think we could answer that list.

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Speaker 1: I think there will be others that are not on

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Speaker 1: the list. Um. There are a lot of countries thinking

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Speaker 1: about this, thinking about how to structure it, how to

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Speaker 1: do it, um, when to do it um. But it's

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Speaker 1: it's on almost everybody's plate right now, except maybe the EU,

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Speaker 1: which has imposed a lot of discipline on its members. Um.

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Speaker 1: You know, on the issues like Jerusalem, things like that

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Speaker 1: are much more complicated in Europe. But apart from that,

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Speaker 1: I think not only we're talking normalization, I think we're

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Speaker 1: talking about more nations moving the embassies to Jerusalem. Um.

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Speaker 1: I think you're just gonna see, Um, Israel gets to

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Speaker 1: get to a much better place diplomatically throughout the world.

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Speaker 1: I asked this respectfully. F thirty five jets to the

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Speaker 1: U A. Some Israelis have raised some concerns about that.

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Speaker 1: How if that sale goes through, thirty five jets go

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Speaker 1: to to U A, how do you ensure that Israel

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Speaker 1: still has its military edge in the region and doesn't

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Speaker 1: you know, give up any security concerns. So look, I'm

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Speaker 1: not an expert uh in in uh these types of issues. UM.

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Speaker 1: I would also say that almost no one that I've

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Speaker 1: spoken to is an expert as well. I think this

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Speaker 1: is an issue that has been around as a legal

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Speaker 1: matter since two thousand and eight, aspirationally has been around

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Speaker 1: probably for forty years. The way this gets dealt with

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Speaker 1: the experts sit in the room and they work this

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Speaker 1: thing out. Um, there are I would say, a dozen

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Speaker 1: ways to skin the cat to make sure that Israel

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Speaker 1: maintains it's qm A. But the people that really know

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Speaker 1: it and know the issues that i't really talk about

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Speaker 1: it publicly, But I I have no doubt that Israel's

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Speaker 1: q ME will be preserved. I also have no doubt

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Speaker 1: that there was a way for the Emirates to improve

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Speaker 1: their their defense capabilities. There is a report a few

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Speaker 1: days ago about the US promising the UA that it

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Speaker 1: would not be backing annexation before. Yeah, I don't know

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Speaker 1: where that came from. And then as it relates to

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Speaker 1: to Chinese, well, so what is so going to just

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Speaker 1: clarify them the US is really position on annexation. Look,

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Speaker 1: the position is that we've asked Israel to suspend it,

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Speaker 1: they've agreed to They will work in conjunction with US

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Speaker 1: to put it back on the table. We're focusing right

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Speaker 1: now on, you know, booking as many peace agreements as

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Speaker 1: we can, and I think when we've exhausted that opportunity

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Speaker 1: will revisit the issue of annexation. We don't have a

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Speaker 1: hard time frame on it, but it's it will be

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Speaker 1: delayed certainly from as a result of this process. Two

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Speaker 1: more questions as it relates to Chinese investment, because on

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Speaker 1: the the US has raised some concerns about Chinese investment

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Speaker 1: in some pretty sensitive Israeli infrastructure. Do you think the

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Speaker 1: m Rati in estment infrastructure might be a replacement to

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Speaker 1: some of that, to that thorny issue. I think you're

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Speaker 1: absolutely onto something there. Um, it's better capital, it's safer capital.

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Speaker 1: I think it's more reliable capital. I don't think it

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Speaker 1: comes with as many strings attached, there as many risks,

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Speaker 1: and I think it's a great opportunity for Israel to

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Speaker 1: maintain the sources of capital it needs without putting itself

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Speaker 1: It's security or frankly, our security at risk. For golf

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Speaker 1: Arab states now have agreed to normalize relations with Israel.

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Speaker 1: What what messages this send to the Palestinians. I think

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Speaker 1: it sends message to the Palestinians that, Um, the narrative

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Speaker 1: and the politics of victimization and of hate and of

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Speaker 1: terror hasn't worked. Uh. They don't have a block on

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Speaker 1: the twenty two members of the Arab League that they

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Speaker 1: thought they had for many years, and in fact did

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Speaker 1: have for many years. Um. They need to get on

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Speaker 1: board the train, as they say, is leaving the station,

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Speaker 1: and they can be on it with I think great opportunities,

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Speaker 1: or they can yet again, Um, as I'm even used

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Speaker 1: to say, they never miss an opportunity, to miss an opportunity.

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Speaker 1: Just maybe the next great opportunity they made that they

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Speaker 1: may miss. That was David Friedman. He, of course, uh

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Speaker 1: is the ambassador to Israel for the United States and

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Speaker 1: speaking exclusively with me earlier on Bloomberg Television Bloomberg Radio

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Speaker 1: at the White House. Of course, he was there for

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Speaker 1: that historic signing of normalizing of relations between Israel as

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Speaker 1: well as bah Frayne and the United Arab Emirates and

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Speaker 1: the United States. Clearly a massive shift in geopolitics, and

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Speaker 1: just how quickly bah Frain joined right after you A.

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Speaker 1: I think there are a couple of takeaways from that conversation.

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Speaker 1: The first and foremost is what he had to say

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Speaker 1: about Saudi Arabia and how the Saudis really had been

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Speaker 1: working with all of the parties involved aolved as it

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Speaker 1: relates to that. But then also I think, you know,

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Speaker 1: I don't want to rank the points here, but another

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Speaker 1: key point that was just made in that conversation was

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Speaker 1: China uh and how emiroanding investment might be better a

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Speaker 1: better place for Israel than than China. It's remarkable, it's

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Speaker 1: a really remarkable shift, especially when you think about just

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Speaker 1: how how volatile that region has been. Coming up, we're

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Speaker 1: gonna talk domestic politics. We're also later on going to

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Speaker 1: check in on that the wildfires just ravaging the West Coast,

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Speaker 1: ravaging the West coast. We've got an advisor to Gavin Newsom.

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Speaker 1: Governor Gavin Newsom is going to join us. You don't

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Speaker 1: want to miss that, And of course we'll get the

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Speaker 1: latest on the markets as well as Oracle getting that

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Speaker 1: TikTok deal. Oracle. Who would have thought, Oracle, I mean,

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Speaker 1: you know, now they're gonna be on the smartphones of

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Speaker 1: all of these millions of American teenagers. Oracle, that's coming

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Speaker 1: up next. Download the Bloomberg Sound On podcast on Apple iTunes,

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Speaker 1: at Bloomberg dot com, or by downloading the 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 Curreli. I'm

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Speaker 1: the chief Washington correspondent for Bloomberg Television and for Bloomberg Radio.

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Speaker 1: And you're listening to Bloomberg. This is Bloomberg's Sound On

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Speaker 1: with Kevin surrel on Bloomberg and one oh five point

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Speaker 1: seven f M h D two. I'm Kevin Curreli, Chief

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Speaker 1: Washington correspondent for Bloomberg Television and from Bloomberg Radio. US

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Speaker 1: stocks closed higher as gains and technology shares helped offset

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Speaker 1: a late slide in financials. Crude oil pushed higher, while

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Speaker 1: the dollar was little changed. SMP five rows for a

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Speaker 1: third consecutive trading session, led by communication services, real estate

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Speaker 1: and can sumor discretionary shairs JP Morgan City Group Bank

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Speaker 1: of America pushed financials into the red. Alright, so joining

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Speaker 1: us now to breakdown all of the latest economic indicators.

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Speaker 1: Yelena Shelva, she has a Bloomberg senior US economists. I

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Speaker 1: want to talk about a preview for the Central Bank.

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Speaker 1: But first I want to understand what happened in the

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Speaker 1: markets today, Elena Hi Kevin, Yes, So, as you said,

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Speaker 1: things moving in the right direction, led by texts, and

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Speaker 1: probably that is creating some full sense of complacency for

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Speaker 1: policymakers that things are really moving in the right direction,

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Speaker 1: whereas the economic fundament also telling us that that is

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Speaker 1: not exactly right. So I think what needs to happen

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Speaker 1: going forward is we need more physical stimulus. And I'm

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Speaker 1: sure that we are on the same page on this,

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Speaker 1: but unfortunately this is not happening. And you know, some

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Speaker 1: sort of cheer in the market and uh, better than

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Speaker 1: expected data to a certain degree. Uh, these things are

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Speaker 1: not helping the situation. I think the fiscal stimus is

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Speaker 1: still required more. Um, you know, continued devish stands from

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Speaker 1: the Fed is also key. You know, it's gonna be

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Speaker 1: remarkable coming up later on in the program, we're gonna

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Speaker 1: check in on the fiscal stimulus front. This, of course,

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Speaker 1: is the Problem Solvers Caucus, as they're known the Problem

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Speaker 1: Solvers Caucus fifty members Republicans and Democrats, the moderates, the Centrists.

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Speaker 1: They released a fiscal stimulus compromise as they're calling it.

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Speaker 1: But Elena, let's let's talk about some of the high

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Speaker 1: frequency data that has proved their staying power with the FEDS.

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Speaker 1: Buy in. I'm reading from the Bloomberg terminal quote. The

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Speaker 1: alternative data that has illuminated the US labor markets, spending

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Speaker 1: and mobility during the pandemic are becoming a permanent part

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Speaker 1: of the toolkit for the Federal Reserve and Wall Street economist.

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Speaker 1: Previously relegated to secondary status behind established government macroeconomic figures

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Speaker 1: most released monthly, the rapid shifts and activity during the

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Speaker 1: pandemic have made essential for economists to follow weekly or

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Speaker 1: even daily readings. Uh and including credit debit cards, spending,

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Speaker 1: mobility trackers, restaurant reservations, and air travel. I never knew

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Speaker 1: Wall Street traders could care so much about restaurant reservations, you'll,

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Speaker 1: until this pandemic started. I mean, it's remarkable how they're tracking.

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Speaker 1: Why is how has data changed during the during this

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Speaker 1: pandemic in terms of economic indicators. So obviously the pandemic

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Speaker 1: created a lot of structural changes, including the way we

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Speaker 1: look at the data. But uh, you know, the statistical

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Speaker 1: authorities looking at certain indicators for a reason, right, there

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Speaker 1: was a well established weet of different indicators that flow

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Speaker 1: into the GDP accounts, and those will will stay. You

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Speaker 1: know that there are certain reasons for them to to

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Speaker 1: be there. They have long history, and they would be

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Speaker 1: compared along different economic cycles, and those will stay. In

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Speaker 1: addition to that, obviously a lot of people will start

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Speaker 1: using this high frequency data. We look at them very

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Speaker 1: carefully as well at Boomberg Economics. They just help us

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Speaker 1: to get a sense the pulse of the economy in

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Speaker 1: real time. But I think the some some indicators will

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Speaker 1: prove more useful than others. Restaurant bookings one thing that

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Speaker 1: will help us to better understand the services sector of

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Speaker 1: the economy, which we usually get with the significant lague.

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Speaker 1: We have a better sense in real time about good spending,

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Speaker 1: so to say, from retail sales reportance much but not

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Speaker 1: so much on the services sect of the economy. But

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Speaker 1: I think looking at a broader picture will be useful

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Speaker 1: going forward. It's it's it's really remarkable, especially if you're

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Speaker 1: a data guru and fed here. J. Powell said during

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Speaker 1: a virtual press conference on July twenty nine. He said,

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Speaker 1: quote what we think of as sort of nonstandard high

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Speaker 1: frequency data. That's become a very important thing because Helena,

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Speaker 1: I mean, you know this better than anybody. Wall Street

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Speaker 1: was estimating the job gains and losses during during when

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Speaker 1: when all this first started happening in March and April,

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Speaker 1: and they were wildly, wildly off the mark, I mean,

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Speaker 1: and no one knew how to track it. So now

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Speaker 1: they're tracking restaurant reservations and everything, and even some of

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Speaker 1: the big banks are literally funneling in when you swipe

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Speaker 1: your debit card, or you tap your debit card, or

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Speaker 1: your cell phone gets scanned. Their tracking that in order

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Speaker 1: to see, hey, how is this economy moving? Explained to

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Speaker 1: me what the St. Louis Fed did. What the St.

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Speaker 1: Louis FED did rather, because they made their own model

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Speaker 1: estimating employment changes with everything from home Base, a scheduling

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Speaker 1: tool used by sixty u s businesses and a million

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Speaker 1: hourly employees. I didn't really follow this, but they've got

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Speaker 1: their own dad of the St. Louis FET well. The

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Speaker 1: different regional sets have different models in terms of like

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Speaker 1: even looking at different inflation indicators such as like trained

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Speaker 1: means and everything, which are a great addition to the

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Speaker 1: traditional tools. But once again, the beauta of labor statistics

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Speaker 1: have the establishment and the household survey for a reason.

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Speaker 1: It's a very broad sample and it's a very well

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Speaker 1: established technique and methods. So in again, the purpose of

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Speaker 1: traditional data is to be able for us to be

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Speaker 1: able to compare is over time. So I think that's

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Speaker 1: a very important uh, you know, determinant of the traditional data.

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Speaker 1: But but then again, uh, obviously the technology is changing

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Speaker 1: and we can do a lot of different things in

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Speaker 1: real time, and that's a great benefit, and I think

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Speaker 1: some tools will prove better than others, and including the

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Speaker 1: st Louis said so on the on the theme that

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Speaker 1: you touched upon, and that really close to my heart

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Speaker 1: as a forecaster, I think we we cannot blame economies

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Speaker 1: for like missing on the POECAST so badly because of

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Speaker 1: such an unprecedented nature of the crisis. In fact, we

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Speaker 1: will see the said revising their focusts tomorrow, I think

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Speaker 1: in the Summary of Economic Projection to quite a significant degree.

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Speaker 1: I think they will have grade the POECAST for this

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Speaker 1: year by at least one or two percentage points for

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Speaker 1: the years a whole, and it will probably downgrade because

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Speaker 1: of the data coming in better than expected than the

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Speaker 1: markets telling that everything is fine, but everything is not fine.

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Speaker 1: And I think that the fiscal cliff that we observed

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Speaker 1: back in July, back in the end of July will

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Speaker 1: uh some will materialize in the data going forward. Is

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Speaker 1: just gonna be quite a lag between then and between

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Speaker 1: we will start seeing income um deteriorating and we'll we'll

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Speaker 1: talk about the fed UH and what we get from

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Speaker 1: the FED out tomorrow. Yelena, before I let you go,

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Speaker 1: what's going on with the Oracle tik Tak deal. We're

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Speaker 1: awaiting the cithiest national security check that's supposed to be

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Speaker 1: completed at any hour now. But Oracle big day for

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Speaker 1: for Larry Ellison quickly in like the less than a

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Speaker 1: minute we have left. So unfortunately, I cannot speak about

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Speaker 1: the particular companies because of a metric of miss so

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Speaker 1: I will just leave it there. I respect that, and

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Speaker 1: I want to say something, Elena, the way you feel

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Speaker 1: about economists and the way you stood up for economists

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Speaker 1: with the data. That's what pollsters have to do because

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Speaker 1: they all blew it in. No, I'm not saying economist

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Speaker 1: because this is unprecedented, but all the posters, they're like economists.

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Speaker 1: They should take posters and battleground states should take a

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Speaker 1: page from economists and shift how they get the data.

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Speaker 1: They gotta figure out how to get better data. That's

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Speaker 1: what the economists are doing. They're looking at restaurant reservations.

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Speaker 1: I don't know. I'm not a polster. I'm just I'm

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Speaker 1: just Kevin. Thank you, Lee, and I appreciate your time

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Speaker 1: very very much, and we'll check in with you late later.

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Speaker 1: That's Elena Syatavas. She's a Bloombergstine. You're economist. I'm Kevin

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Speaker 1: CURRELLI Chief Washington Corsemondit from Bloomberg Television and from Bloomberg Radio.

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Speaker 1: More coming up next. You're listening to Bloomberg from our

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Speaker 1: nation's camera. How do we reopen this economy? The latest

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

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

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Speaker 1: on the insiders, the influencers, the insides. We're responding to

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

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Speaker 1: You're looking at seventy Kennedys for different vaccines. How do

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Speaker 1: we make sure a pandemic of this scale never happens again.

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Speaker 1: This is Bloomberg. Sound on with Kevin's relation 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: Shifting geopolitical tensions in the Middle East as you a E.

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Speaker 1: Bahrain visit the White House along with Israeli Prime Minister

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Speaker 1: Benjamin and Yahoo will take you to the latest on

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Speaker 1: the geopolitical front. What does it mean for China? Plus

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Speaker 1: wildfires out west ravaging now millions of acres and and

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Speaker 1: and really no end in sight? How can this problem

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Speaker 1: be stopped? And only all of the latest and oracle TikTok,

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Speaker 1: We're gonna talk about it all. It was a really

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Speaker 1: monumental day at the White House today because leaders from

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Speaker 1: the United Arab Emirates and buff Rain joint President Trump

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Speaker 1: at the White House and they signed accords that established

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Speaker 1: diplomatic relations with Israel, becoming just the third and fourth

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Speaker 1: Middle East nations to formally recognize Israel. I want to

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Speaker 1: play for you a little bit about what uh President

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Speaker 1: Trump said at the White House. Here's President Trump and

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Speaker 1: he talks about he calls it really the dawn of

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Speaker 1: a new Middle East. Here's the president. In Israel's entire history,

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Speaker 1: there have previously been only to such agreements. Now we

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Speaker 1: have achieved too in a single month, and there are

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Speaker 1: more to follow now. I tried to get out of

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Speaker 1: Ambassador Freedman, David Freeman, he's the U. S Ambassador to Israel.

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Speaker 1: I interviewed him earlier at the White House, and I said,

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Speaker 1: who's next, Rocco Sudan. He wouldn't tell me. He wouldn't

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Speaker 1: tell me. I tried. But they are bullish, and based

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Speaker 1: upon my reporting, I can tell you that they are

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Speaker 1: bullish that they're going to name a couple of other

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Speaker 1: golf Arab states sometime in the next couple of weeks,

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Speaker 1: you know, before November three, I guess. But they have to.

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Speaker 1: I mean, yeah, So we're gonna wait and see. But

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Speaker 1: then the President went on to say that these agreements

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Speaker 1: will serve as a foundation for a comprehensive piece across

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Speaker 1: the region. Here he is, here's more, President Trump. Together,

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Speaker 1: these agreements will serve as the foundation for a comprehensive

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Speaker 1: piece of course the entire region, something which nobody thought

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Speaker 1: was possible, certainly not in this day and age, maybe

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Speaker 1: in many decades from now. All Right, I want to

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Speaker 1: bring in Amy Tarkanian. She is a Republican strategist former

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Speaker 1: Nevada State GOP chairwoman Amy. Did I mispronounce your last name? Yes,

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Speaker 1: thank you, Amy Tarkanian. She's on with us for the hour.

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Speaker 1: And Brian Brocall, who is a political advisor to California

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Speaker 1: Governor Gavin Newsom, the former campaign manager for Kamala Harris's

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Speaker 1: successful candidacy for California Attorney General. Brian, Welcome to the program. Uh, Amy,

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Speaker 1: I want to start with you. Just it was such

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Speaker 1: a geopolitical day in terms of the Middle East, and

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Speaker 1: it comes at a time I don't want to tie

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Speaker 1: it to domestic politics because of the the importance of it,

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Speaker 1: but I will say I mean it comes at a

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Speaker 1: time in which the president no doubt wants to have

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Speaker 1: some type of foreign policy conversation on the campaign trail. Sure, well,

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Speaker 1: we know that he's actually been heavily involved with Israel

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Speaker 1: in particular, especially since you know, we are the ones

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Speaker 1: who moved the embassy um, which you know received some

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Speaker 1: criticism for and um, but overseas, I know that I

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Speaker 1: was actually in Israel not long after it happened, and

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Speaker 1: the people there were very pleased with that. Um. You

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Speaker 1: know what, I really liked today was another quote that

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Speaker 1: came from President Trump where he said that Israel, by Rain,

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Speaker 1: and the United Arab Aramis are choosing cooperation over conflict,

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Speaker 1: friendship over end, maybe prosperity of our poverty, hope over despair. Now,

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Speaker 1: these are all, um, wonderful things that I know that

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Speaker 1: all of these nations have been working towards for quite

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Speaker 1: some time. I think it's what's been at least twenty

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Speaker 1: five thirty years since anything like this was remotely done. Um.

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Speaker 1: And it was also very promising on social media. You

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Speaker 1: had leadership in by Rain um condemned the rocket attacks

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Speaker 1: that were launched by a mossum while this was taking place. Um.

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Speaker 1: So is this going to happen overnight? No? I mean

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Speaker 1: this is generational, Um, the hate towards each other, the

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Speaker 1: way that they're going to have to think about one another,

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Speaker 1: the way they're going to have to cooperate with one

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Speaker 1: another in order to make this a success. It's going

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Speaker 1: to take some time, but it was very exciting. Um,

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Speaker 1: it's a very exciting start. You know. I want to

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Speaker 1: play for you a little bit about what Israeli Prime

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Speaker 1: Minister Benjamin Yahoo said. Here's maybe neton Yahoo speaking at

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Speaker 1: the White House earlier today, and this boat really jumped

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Speaker 1: out of it. Here is peace will eventually expand to

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Speaker 1: include other Arab states, and ultimately it can end the

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Speaker 1: Arab Israeli conflict once and for all. And when I Brian,

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Speaker 1: when I when I interviewed Ambassador Freedman earlier, I asked

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Speaker 1: him point blank, I mean, what what's the message of

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Speaker 1: the Palestinians on a day like today? And he said,

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Speaker 1: you know, I'm not paraphrasing, he said, the trains leaving

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Speaker 1: the station. And so for the Palestinians, I mean, now

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Speaker 1: you've got four golf Arab states and the Saudia's giving

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Speaker 1: their you know, behind the scenes thumbs up for all

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Speaker 1: of this normalizing of relations, not to mention how it

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Speaker 1: kind of pushes Beijing out of the way in terms

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Speaker 1: of investment, and you know, I mean, it's it's it's

428
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Speaker 1: really quite remarkable. But it goes in contrast because if

429
00:25:49,840 --> 00:25:53,240
Speaker 1: if you, if you believe the notion that the driving

430
00:25:53,240 --> 00:25:55,600
Speaker 1: force for these golf Arab states coming to the negotiating

431
00:25:55,600 --> 00:25:58,359
Speaker 1: table is because of the US withdrawal from the Iran

432
00:25:58,440 --> 00:26:03,600
Speaker 1: nuclear disarmament deal. But Democrats are saying that they're advocating

433
00:26:03,760 --> 00:26:06,720
Speaker 1: for that. I mean, how will that how will that

434
00:26:06,800 --> 00:26:11,040
Speaker 1: go on? From a geopolitical sense, Brian on the issue

435
00:26:11,040 --> 00:26:13,359
Speaker 1: of Iran, something that the Europeans want the US to

436
00:26:13,359 --> 00:26:15,800
Speaker 1: stay in, but the golf Arab states are saying, yeah,

437
00:26:15,920 --> 00:26:18,200
Speaker 1: you know, we actually kind of liked that the US

438
00:26:18,240 --> 00:26:21,160
Speaker 1: pulled out. Yeah. I mean, I think, though, we should

439
00:26:21,200 --> 00:26:24,240
Speaker 1: be real this isn't a conflict resolution that you thought today.

440
00:26:24,359 --> 00:26:26,760
Speaker 1: This was a business deal, Frankly, I mean, these are

441
00:26:26,800 --> 00:26:30,160
Speaker 1: countries that for years have had military agreements and security

442
00:26:30,160 --> 00:26:33,280
Speaker 1: agreements and economic deals between them. So this is essentially

443
00:26:33,280 --> 00:26:35,960
Speaker 1: formalizing agreements that have been in place for decades. And

444
00:26:36,000 --> 00:26:38,880
Speaker 1: the president's acting like he's broker at the Camp David Accords,

445
00:26:38,920 --> 00:26:41,600
Speaker 1: which I get that he's a showman right before an election,

446
00:26:41,680 --> 00:26:44,400
Speaker 1: but you know, it's a big leap to get from

447
00:26:44,400 --> 00:26:47,399
Speaker 1: here to solving the Arab is really conflict. And trust me,

448
00:26:47,440 --> 00:26:49,320
Speaker 1: I think we all would want to see that resolved.

449
00:26:49,400 --> 00:26:52,760
Speaker 1: I'm just skeptical that this is exactly the you know,

450
00:26:52,800 --> 00:26:55,199
Speaker 1: the train leaving the station. You know, the truth is,

451
00:26:55,240 --> 00:26:58,160
Speaker 1: you know, the these forge agreements between Suni Arab states

452
00:26:58,160 --> 00:27:02,359
Speaker 1: who all have a common enemy in against you know,

453
00:27:02,400 --> 00:27:05,480
Speaker 1: she id Iran, so, and Iran is closer to a

454
00:27:05,560 --> 00:27:07,840
Speaker 1: nuclear bomb today than it was when Trump took office.

455
00:27:08,560 --> 00:27:13,000
Speaker 1: Do you think that should Biden win the election, Brian,

456
00:27:13,040 --> 00:27:15,600
Speaker 1: do you think that some of these agreements will hold

457
00:27:16,160 --> 00:27:17,800
Speaker 1: or do you think it's back to the to the

458
00:27:17,840 --> 00:27:19,720
Speaker 1: drawing board. I mean, that's what's really interesting is the

459
00:27:19,800 --> 00:27:22,240
Speaker 1: timing of this. No. I I mean I don't. I

460
00:27:22,960 --> 00:27:26,000
Speaker 1: assume that Biden is going to work even harder to

461
00:27:26,080 --> 00:27:28,560
Speaker 1: achieve peace in the Middle East, and and and broke

462
00:27:28,600 --> 00:27:32,320
Speaker 1: her a deal between the UH, the Israelis, and the Palestinians.

463
00:27:32,359 --> 00:27:35,719
Speaker 1: I assumed these deals would hold beyond the Trump presidency.

464
00:27:36,080 --> 00:27:38,520
Speaker 1: I just think it's you know, again, I'm not going

465
00:27:38,560 --> 00:27:41,040
Speaker 1: to pooh poo a piece of cord. That's wonderful, but

466
00:27:41,080 --> 00:27:43,480
Speaker 1: I'm just I'm not sure this is as a monumental

467
00:27:43,520 --> 00:27:45,720
Speaker 1: of an achievement as he's claiming it is, you know

468
00:27:45,800 --> 00:27:48,520
Speaker 1: earlier today. Uh, We're gonna roll this out over the

469
00:27:48,520 --> 00:27:51,480
Speaker 1: next couple of weeks. But I didn't interview as Samantha Power,

470
00:27:51,560 --> 00:27:54,000
Speaker 1: she of course is the former UN ambassador and the

471
00:27:54,000 --> 00:27:58,119
Speaker 1: Obama administration, and just this notion of you know, whether

472
00:27:58,280 --> 00:28:01,639
Speaker 1: or not Biden would be supportive of Israel, and she

473
00:28:01,760 --> 00:28:05,000
Speaker 1: was adamant uh that that he would. It's it's so

474
00:28:05,520 --> 00:28:09,840
Speaker 1: what I learned from from these geopolitical discussions today, based

475
00:28:09,880 --> 00:28:13,120
Speaker 1: upon my reporting, is that a Biden and a Trump

476
00:28:13,480 --> 00:28:15,880
Speaker 1: in the White House would support Israel. And I can

477
00:28:15,920 --> 00:28:21,000
Speaker 1: feel the polarization listeners already dissecting every word I'm saying.

478
00:28:21,040 --> 00:28:23,600
Speaker 1: But the way they want to achieve that, and whether

479
00:28:23,760 --> 00:28:27,640
Speaker 1: or not they view the Iran nuclear disarmament deal as

480
00:28:27,680 --> 00:28:31,720
Speaker 1: an asset or a liability is obviously worlds apart, and

481
00:28:31,800 --> 00:28:34,560
Speaker 1: so whether or not, you know. So, Samantha Power made

482
00:28:34,600 --> 00:28:38,200
Speaker 1: the argument that bringing the Europeans to the negotiating table

483
00:28:38,240 --> 00:28:41,400
Speaker 1: would help in terms of the balance in the region.

484
00:28:41,800 --> 00:28:44,240
Speaker 1: And the Europeans want to see the US in in

485
00:28:44,680 --> 00:28:47,400
Speaker 1: the the Iran deal. They want to see the US

486
00:28:47,520 --> 00:28:52,040
Speaker 1: leveraging UH, the United Nations and emboldening international agreements. And

487
00:28:52,480 --> 00:28:54,560
Speaker 1: you know, the White House is saying absolutely not. You know,

488
00:28:54,600 --> 00:28:56,719
Speaker 1: it's time for the US to take a more aggressive approach.

489
00:28:56,760 --> 00:28:59,400
Speaker 1: So we kick things off at Geo Politics. I promise

490
00:28:59,400 --> 00:29:01,040
Speaker 1: we'll bring it. We're to bring it out West because

491
00:29:01,280 --> 00:29:03,960
Speaker 1: both of our panelists are are on the West coast tonight.

492
00:29:04,200 --> 00:29:07,640
Speaker 1: So I gotta go out west because there's these wildfires horrible.

493
00:29:07,920 --> 00:29:09,600
Speaker 1: I thought I was looking up at the moon today

494
00:29:09,640 --> 00:29:11,680
Speaker 1: in the morning it was the sun because of all

495
00:29:11,720 --> 00:29:14,240
Speaker 1: the fog it's even out here, or the smoke rather,

496
00:29:14,600 --> 00:29:17,440
Speaker 1: that's coming up next. I'm Kevin's really, chief Washington correspondent

497
00:29:17,440 --> 00:29:30,000
Speaker 1: from Bloomberg TV and Radio. You're listening to Bloomberg. You're

498
00:29:30,040 --> 00:29:33,920
Speaker 1: listening to Bloomberg Sound On with Kevin Surley on Bloomberg

499
00:29:35,000 --> 00:29:37,320
Speaker 1: and one on five point seven f m h D two.

500
00:29:38,640 --> 00:29:41,920
Speaker 1: Climate change is real and that is exacerbating this. And

501
00:29:42,000 --> 00:29:44,760
Speaker 1: so I think there's an area of at least commonality

502
00:29:45,320 --> 00:29:50,240
Speaker 1: on vegetation forest management. But please respect, and I know

503
00:29:50,320 --> 00:29:53,240
Speaker 1: you do, the difference of opinion out here as it

504
00:29:53,280 --> 00:29:57,880
Speaker 1: relates to this fundamental issue. That was California Governor Gavin Newsom,

505
00:29:57,880 --> 00:30:01,560
Speaker 1: a Democrat, taking a pacifying tone. Is he appealed for

506
00:30:01,640 --> 00:30:05,200
Speaker 1: President Trump to see the science during a briefing its

507
00:30:05,640 --> 00:30:09,480
Speaker 1: Sacramento Airport yesterday. I'm Kevin sur Really, Chief Washington correspondent

508
00:30:09,720 --> 00:30:12,960
Speaker 1: for Bloomberg Television and for Bloomberg Radio. We gotta head

509
00:30:12,960 --> 00:30:16,280
Speaker 1: out west for the panel tonight. Uh. They know they're

510
00:30:16,560 --> 00:30:19,120
Speaker 1: very well entrenched in this issue Amy Tarkany, and she's

511
00:30:19,120 --> 00:30:22,600
Speaker 1: a Republican strategist. Brian Broke call political advisor to California

512
00:30:22,600 --> 00:30:25,880
Speaker 1: Governor Gavin Newsom and a former campaign manager to then

513
00:30:26,480 --> 00:30:32,080
Speaker 1: uh To Kamala Harris's candidacy for California's attorney general. You know, here,

514
00:30:32,480 --> 00:30:36,400
Speaker 1: I'm in no way, Brian, equating what's going on in

515
00:30:36,440 --> 00:30:40,000
Speaker 1: California uh to to the effects here in Washington, d C.

516
00:30:40,280 --> 00:30:44,360
Speaker 1: But everyone in Washington, d C, in the Beltway woke

517
00:30:44,480 --> 00:30:48,080
Speaker 1: up and looked up today and saw what they thought

518
00:30:48,160 --> 00:30:51,040
Speaker 1: was the moon and it was really we learned through

519
00:30:51,080 --> 00:30:55,560
Speaker 1: the scientists the sun and the smoke from all the

520
00:30:55,600 --> 00:30:58,680
Speaker 1: way out west, thousands of miles away, had blown over

521
00:30:58,760 --> 00:31:01,240
Speaker 1: here and had made this. The sun looks like the

522
00:31:01,280 --> 00:31:04,240
Speaker 1: move which sounds weird, but it was kind of It

523
00:31:04,360 --> 00:31:08,120
Speaker 1: really kind of made you think about the wildfires out

524
00:31:08,120 --> 00:31:10,480
Speaker 1: west which are playing out, and the and the social

525
00:31:10,520 --> 00:31:12,120
Speaker 1: media feeds and of course on the front pages of

526
00:31:12,160 --> 00:31:14,800
Speaker 1: the newspapers. But it's something that you all are having

527
00:31:14,840 --> 00:31:17,680
Speaker 1: to deal with for quite some time. So what's the latest, Brian,

528
00:31:17,680 --> 00:31:19,640
Speaker 1: and what needs to be done? Well, we like to

529
00:31:19,640 --> 00:31:22,880
Speaker 1: pride ourselves in California have exporting all our ideas west

530
00:31:22,920 --> 00:31:26,560
Speaker 1: the heat. But I'm sorry, now our smoke west test

531
00:31:26,560 --> 00:31:29,400
Speaker 1: best cast. As I always saying exactly, I know, Amy,

532
00:31:29,680 --> 00:31:32,000
Speaker 1: I'm sure dealing with the same. Um. I mean, it's

533
00:31:32,040 --> 00:31:35,440
Speaker 1: I that's terrible and we uh, you know, this is

534
00:31:35,440 --> 00:31:39,160
Speaker 1: now the worst fire season in California history. But unfortunately

535
00:31:39,200 --> 00:31:42,360
Speaker 1: we say that pretty much year after year, and the

536
00:31:42,440 --> 00:31:45,479
Speaker 1: fires are getting worse and worse as the temperatures are

537
00:31:45,480 --> 00:31:48,680
Speaker 1: getting hotter and hotter, and the winters are getting drier,

538
00:31:48,840 --> 00:31:51,880
Speaker 1: and this has just been a recipe for disaster. Uh.

539
00:31:51,920 --> 00:31:54,320
Speaker 1: And to have the President come into California and into

540
00:31:54,440 --> 00:31:57,320
Speaker 1: Sacramento yesterday was you know, great that he was here

541
00:31:57,320 --> 00:32:00,480
Speaker 1: to show some support. But unfortunately, when he was if

542
00:32:00,840 --> 00:32:05,240
Speaker 1: climate change was contributing to this, which absolutely, unequivocally is,

543
00:32:05,600 --> 00:32:07,880
Speaker 1: he said that the science just doesn't know. And that

544
00:32:08,040 --> 00:32:12,680
Speaker 1: is just confounding and completely disrespectful. And his head is

545
00:32:12,720 --> 00:32:15,080
Speaker 1: in the stand and I think future generations are going

546
00:32:15,120 --> 00:32:18,000
Speaker 1: to look back at this time and just shake our

547
00:32:18,000 --> 00:32:20,800
Speaker 1: heads at it has just been terrible. Four point six

548
00:32:20,920 --> 00:32:25,160
Speaker 1: million acres in ten states, according to the National Interagency

549
00:32:25,760 --> 00:32:29,800
Speaker 1: Fire Center, and fatalities have totaled at least thirty five

550
00:32:29,840 --> 00:32:33,920
Speaker 1: people so far Uh, it's it's an area larger than

551
00:32:33,960 --> 00:32:37,800
Speaker 1: the state of Connecticut, which has burned amy. You know,

552
00:32:38,040 --> 00:32:41,240
Speaker 1: when to be honest, do you think Republicans are fumbling

553
00:32:41,280 --> 00:32:43,240
Speaker 1: the way they talk about this? Because I know a

554
00:32:43,240 --> 00:32:46,040
Speaker 1: lot of Republicans that I interview who who believe that

555
00:32:46,120 --> 00:32:51,000
Speaker 1: climate change exists, but they you know that their solution

556
00:32:51,080 --> 00:32:54,280
Speaker 1: to it is a public private partnership and to innovate

557
00:32:54,920 --> 00:32:57,640
Speaker 1: and and and whatnot. And but you know, every time

558
00:32:57,640 --> 00:32:59,960
Speaker 1: it comes up, it's like the Democrats put the republic

559
00:33:00,000 --> 00:33:03,200
Speaker 1: and on defense and certain Republicans stepping it. Am I

560
00:33:03,240 --> 00:33:05,440
Speaker 1: wrong or what do you think gave me? What's your diagnosis?

561
00:33:06,320 --> 00:33:09,920
Speaker 1: I think sometimes I think, yeah, your your analysis is correct.

562
00:33:10,040 --> 00:33:13,560
Speaker 1: Maybe not the majority of the time, but yes, many times. UM,

563
00:33:13,640 --> 00:33:15,640
Speaker 1: what I did like is, I'm going to take you

564
00:33:15,720 --> 00:33:19,480
Speaker 1: back on what Brian said. You know, I really really

565
00:33:19,520 --> 00:33:22,360
Speaker 1: like the fact that the President took some leadership and

566
00:33:22,760 --> 00:33:26,239
Speaker 1: um spent some time in California with Governor Newsom. I

567
00:33:26,320 --> 00:33:29,240
Speaker 1: liked the thought too that Governor Newsom was very appreciative.

568
00:33:29,560 --> 00:33:32,800
Speaker 1: They had a very cordial relationship for the most conversation

569
00:33:32,880 --> 00:33:37,800
Speaker 1: for the most part. Yeah, well, you know it's okay though,

570
00:33:37,800 --> 00:33:40,240
Speaker 1: because let me tell you, I I'm living in northern

571
00:33:40,280 --> 00:33:43,160
Speaker 1: Nevada and we are getting the smoke coming in from

572
00:33:43,160 --> 00:33:46,360
Speaker 1: the Bay Area fires too. It's been so bad here

573
00:33:46,400 --> 00:33:49,440
Speaker 1: for the last few weeks that you cannot see the

574
00:33:49,600 --> 00:33:53,840
Speaker 1: massive mountains that are literally right behind my backyard. And

575
00:33:54,320 --> 00:33:57,800
Speaker 1: my children, who thankfully you know, their school have already

576
00:33:57,800 --> 00:34:00,760
Speaker 1: set up a hybrid system. Um they are. They're not

577
00:34:00,800 --> 00:34:03,520
Speaker 1: even able to go into class on the days that

578
00:34:03,640 --> 00:34:06,080
Speaker 1: they're supposed to because the smoke is so bad. So

579
00:34:06,120 --> 00:34:09,279
Speaker 1: now we have a second reason for having to wear masks, right,

580
00:34:09,360 --> 00:34:13,200
Speaker 1: It's it's now literally either you stay indoors once again,

581
00:34:13,320 --> 00:34:15,400
Speaker 1: just like the COVID shutdown you know, asked you to

582
00:34:15,440 --> 00:34:18,400
Speaker 1: do um, or you go out and you damage your moans.

583
00:34:18,520 --> 00:34:20,840
Speaker 1: It is so thick. The other day, I woke up

584
00:34:20,880 --> 00:34:23,959
Speaker 1: in the morning and I sat straight up and thought

585
00:34:24,040 --> 00:34:25,799
Speaker 1: that my health was on fire and I was going

586
00:34:25,840 --> 00:34:28,160
Speaker 1: to have to go and grab my children. That's how

587
00:34:28,200 --> 00:34:36,359
Speaker 1: bad it's hard. Yes, And I'm originally from central California

588
00:34:36,440 --> 00:34:38,759
Speaker 1: where the Creek fire was taking place, and I know

589
00:34:39,400 --> 00:34:44,080
Speaker 1: many many families that lost their cabins. Um. I know

590
00:34:44,200 --> 00:34:46,560
Speaker 1: one family that had to actually jump into a lake

591
00:34:46,960 --> 00:34:50,600
Speaker 1: for ten hours to survive while just around the ambers

592
00:34:50,600 --> 00:34:53,879
Speaker 1: were coming down upon them. It's horrific. So you're having

593
00:34:53,880 --> 00:34:56,279
Speaker 1: to go through the West coast. So how so, what's

594
00:34:56,320 --> 00:34:59,160
Speaker 1: the so? What's the I mean, I'm so sorry that

595
00:34:59,200 --> 00:35:01,160
Speaker 1: both of your having to deal this, But what so

596
00:35:01,200 --> 00:35:04,399
Speaker 1: Amy when you hear the criticism that the Republicans don't

597
00:35:04,400 --> 00:35:07,120
Speaker 1: care about this, I mean, what, what are Republicans in

598
00:35:07,239 --> 00:35:11,319
Speaker 1: Nevada saying it should be a solution, uh to to

599
00:35:11,440 --> 00:35:15,680
Speaker 1: this crisis? Well, I don't think it's just a one

600
00:35:15,800 --> 00:35:19,160
Speaker 1: choice solution. I'm not a scientist. I am also not

601
00:35:19,200 --> 00:35:22,640
Speaker 1: a climate change denier. Um. I do believe that we

602
00:35:22,680 --> 00:35:26,200
Speaker 1: do contribute to Mother Earth's problems to some degree, but

603
00:35:26,320 --> 00:35:29,680
Speaker 1: also maybe there is more mismanagement problems too. I think

604
00:35:29,719 --> 00:35:32,759
Speaker 1: literally we need to take all of these possibilities and

605
00:35:32,840 --> 00:35:35,880
Speaker 1: take a good heart look and hopefully that would be

606
00:35:35,960 --> 00:35:38,319
Speaker 1: the answer. It's not just going to be a one

607
00:35:38,640 --> 00:35:42,239
Speaker 1: um solution, one one area solution, you know, you know,

608
00:35:42,280 --> 00:35:45,439
Speaker 1: Brian just reeling, got like a minute left in this box.

609
00:35:45,480 --> 00:35:47,239
Speaker 1: But I want to give you the word on this.

610
00:35:47,320 --> 00:35:50,600
Speaker 1: Because the Journal reported to five wildfires that are burning

611
00:35:50,680 --> 00:35:54,160
Speaker 1: right now in California. Get this, They're already among the

612
00:35:54,200 --> 00:35:59,480
Speaker 1: top twenty largest fires recorded in California's history. I know

613
00:35:59,560 --> 00:36:01,799
Speaker 1: you do work with some of the firefighters out there.

614
00:36:01,840 --> 00:36:05,040
Speaker 1: I mean there's more than sixteen thousand firefighters who are

615
00:36:05,040 --> 00:36:10,080
Speaker 1: working on this problem in California. This is massive, massive, Yeah,

616
00:36:10,160 --> 00:36:13,720
Speaker 1: And what's really scary is that we're barely into fire season.

617
00:36:14,000 --> 00:36:20,040
Speaker 1: The previous fire season, the deadliest, most damaging fires came

618
00:36:20,080 --> 00:36:23,640
Speaker 1: in September, October, and November, and so, I mean, we've

619
00:36:23,640 --> 00:36:26,640
Speaker 1: got a long road ahead of us. And uh, you know,

620
00:36:27,400 --> 00:36:29,879
Speaker 1: when COVID came around, the one bright side was that

621
00:36:29,920 --> 00:36:32,600
Speaker 1: many of us had ninety masks in the house from

622
00:36:32,600 --> 00:36:35,160
Speaker 1: the campfire two years ago. So we've been dealing with

623
00:36:35,200 --> 00:36:38,359
Speaker 1: this for a long time. We're just repurposing those masks. Unfortunately,

624
00:36:38,360 --> 00:36:41,239
Speaker 1: and yeah, you're right there getting double us. It's it's

625
00:36:41,280 --> 00:36:43,840
Speaker 1: a serious issue that I really hope people in Washington

626
00:36:43,920 --> 00:36:46,680
Speaker 1: take note of because this is not just a California

627
00:36:46,800 --> 00:36:49,520
Speaker 1: or Nevada or West Coast issue. I mean, this is

628
00:36:49,560 --> 00:36:51,080
Speaker 1: something that we are going to be seeing all over

629
00:36:51,120 --> 00:36:53,160
Speaker 1: the country. As with climate changes, it's going to look

630
00:36:53,200 --> 00:36:56,240
Speaker 1: different in different places. It's not gonna be wildfire sometimes,

631
00:36:56,239 --> 00:36:58,240
Speaker 1: it's going to be hurricanes. It's gonna be other natural

632
00:36:58,239 --> 00:37:01,040
Speaker 1: disass It's going to get worse. It's it's just it's this.

633
00:37:01,239 --> 00:37:03,920
Speaker 1: This should really jolt everybody awake. I mean, all you

634
00:37:03,960 --> 00:37:06,520
Speaker 1: gotta do, folkses, look up into the sky to find

635
00:37:06,560 --> 00:37:09,160
Speaker 1: the truth of what's really going on. Uh. And coming up,

636
00:37:09,160 --> 00:37:11,960
Speaker 1: we're gonna check in with Congressman Andy Levin. I'm Kevin's

637
00:37:11,960 --> 00:37:15,400
Speaker 1: really chief Washington correspondent for Bloomberg Television and Woomberg Radio.

638
00:37:15,440 --> 00:37:18,360
Speaker 1: We're gonna check in with him on the fiscal stimulus,

639
00:37:18,400 --> 00:37:20,560
Speaker 1: the Problem Solvers Caucus. What do they have? Do they

640
00:37:20,560 --> 00:37:28,319
Speaker 1: have a deal? You're listening to Bloomberg. You're listening to

641
00:37:28,440 --> 00:37:33,040
Speaker 1: Bloomberg Sound On with Kevin Currel on Bloomberg and one

642
00:37:33,080 --> 00:37:36,000
Speaker 1: Old five point seven f M h D two. I'm

643
00:37:36,080 --> 00:37:41,439
Speaker 1: Kevin CURRELI, chief Washington correspondent for Bloomberg Television and for

644
00:37:41,520 --> 00:37:45,600
Speaker 1: Bloomberg Radio. We got some fiscal stimulus developments today. I

645
00:37:45,680 --> 00:37:49,360
Speaker 1: never thought I'd say that we got some fiscal stimulus,

646
00:37:49,920 --> 00:37:55,160
Speaker 1: uh developments. And really what happened was the Problem Solvers Caucus,

647
00:37:55,160 --> 00:37:58,840
Speaker 1: which is a bipartisan group of lawmakers, the Problem Solvers Caucus,

648
00:37:59,200 --> 00:38:03,799
Speaker 1: chaired by carn S Mcgottheimer as well as UH Tom Read,

649
00:38:03,520 --> 00:38:07,640
Speaker 1: a Democrat from New Jersey and a Republican from New York, respectively,

650
00:38:07,800 --> 00:38:12,040
Speaker 1: on able to one point five trillion dollar fiscal stimulus proposal.

651
00:38:12,920 --> 00:38:15,960
Speaker 1: It would have the unemployment weekly unemployment benefits at four

652
00:38:16,080 --> 00:38:19,200
Speaker 1: fifty a week, significantly lower than what the Dems want

653
00:38:19,239 --> 00:38:23,040
Speaker 1: and higher than what the leader McConnell wants. UH. And

654
00:38:23,400 --> 00:38:27,200
Speaker 1: it's about five hundred billion dollars for the state and

655
00:38:27,280 --> 00:38:30,879
Speaker 1: local allocations. So joining us now to talk about whether

656
00:38:31,000 --> 00:38:34,880
Speaker 1: or not this thing has a shot in Heck is

657
00:38:34,960 --> 00:38:39,239
Speaker 1: Congressman Andy Levin. Congressman Levin, welcome back to the program, sir,

658
00:38:39,360 --> 00:38:41,480
Speaker 1: great to have you with me. Does this thing have

659
00:38:41,560 --> 00:38:46,160
Speaker 1: a shot? Well, I don't know. We'll see every We're

660
00:38:46,239 --> 00:38:51,600
Speaker 1: welcome all proposals, that's for sure. UM. But we're um,

661
00:38:51,680 --> 00:38:55,520
Speaker 1: you know, we're uh in a lot of discussions to

662
00:38:55,520 --> 00:38:57,920
Speaker 1: figure out the best way forward. You know a lot

663
00:38:57,960 --> 00:39:01,360
Speaker 1: of us feel that at eything in the Heroes Act

664
00:39:01,600 --> 00:39:06,439
Speaker 1: was really important, really carefully considered, and so we'll see

665
00:39:06,440 --> 00:39:10,239
Speaker 1: where this goes. And just in terms of where the

666
00:39:10,440 --> 00:39:13,560
Speaker 1: fiscal stimulus debate is, do you think that it's it's

667
00:39:13,640 --> 00:39:18,560
Speaker 1: realistic to expect some type of stimulus before November three,

668
00:39:19,000 --> 00:39:21,799
Speaker 1: or is it looking increasingly like you know what, this

669
00:39:21,880 --> 00:39:25,799
Speaker 1: is gonna wait until the lame duck session. I'll tell

670
00:39:25,840 --> 00:39:28,879
Speaker 1: you what. When we passed the Heroes Act on May

671
00:39:29,920 --> 00:39:34,279
Speaker 1: four months ago, I felt like, wow, we this is

672
00:39:34,440 --> 00:39:42,160
Speaker 1: late because our schools, which desperately need help, they're fiscal

673
00:39:42,239 --> 00:39:46,359
Speaker 1: years typically start on July one, often some of them

674
00:39:46,400 --> 00:39:48,320
Speaker 1: June first, So I thought we were just doing it

675
00:39:48,320 --> 00:39:51,399
Speaker 1: at the last minute. Then, so I'm just outraged that's

676
00:39:51,400 --> 00:39:54,640
Speaker 1: taken this long. And I think a lot of us

677
00:39:54,680 --> 00:39:58,600
Speaker 1: are really determined to get a package done that job

678
00:39:58,719 --> 00:40:01,239
Speaker 1: does justice to the me, to the American people in

679
00:40:01,320 --> 00:40:05,719
Speaker 1: this incredible turn of crisis before we leave. So we'll

680
00:40:05,760 --> 00:40:08,719
Speaker 1: see um so far at the Senate and hasn't been

681
00:40:08,760 --> 00:40:12,040
Speaker 1: able to pass anything, and the the Administration hasn't negotiated

682
00:40:12,040 --> 00:40:14,640
Speaker 1: with us real seriously, So hopefully we'll get something done.

683
00:40:15,040 --> 00:40:17,799
Speaker 1: And and in terms of just this before we talk

684
00:40:18,000 --> 00:40:22,000
Speaker 1: other topics, but seeking with the stimulus, you know, investors,

685
00:40:22,080 --> 00:40:25,360
Speaker 1: and I'm always reticent to lead with that, but investors

686
00:40:25,400 --> 00:40:28,160
Speaker 1: have really factored in that they really think they're gonna

687
00:40:28,200 --> 00:40:30,920
Speaker 1: get more stimulus, that the economy is going to get

688
00:40:30,960 --> 00:40:32,800
Speaker 1: more stimulus. And leave Wall Street out of it for

689
00:40:32,840 --> 00:40:35,719
Speaker 1: a second. FED share J. Powell of the Central Bank

690
00:40:35,800 --> 00:40:38,360
Speaker 1: has has said as well as other top FED officials,

691
00:40:38,360 --> 00:40:41,160
Speaker 1: that the economy needs more stimulus. And you just have

692
00:40:41,239 --> 00:40:43,480
Speaker 1: to walk down whatever town you're in, to go to

693
00:40:43,520 --> 00:40:46,160
Speaker 1: Main Street and see how the restaurants have been pummeled

694
00:40:46,200 --> 00:40:49,520
Speaker 1: by this thing, and and small mom and pop shops

695
00:40:49,560 --> 00:40:53,080
Speaker 1: have been pummeled by this thing. Is it? Is it

696
00:40:53,239 --> 00:40:56,759
Speaker 1: waning or the chances waning of more fiscal stimulus even

697
00:40:56,800 --> 00:40:59,680
Speaker 1: if it isn't before November three? But in the lame talk,

698
00:40:59,719 --> 00:41:03,080
Speaker 1: I mean, are the chances waiting? Is this? Do you

699
00:41:03,200 --> 00:41:07,440
Speaker 1: feel that Republicans that you talked to are losing? Uh?

700
00:41:08,239 --> 00:41:11,280
Speaker 1: Are are are starting to believe that maybe more fiscal

701
00:41:11,320 --> 00:41:17,680
Speaker 1: stimulus isn't needed. The longer the so called recovery goes on, well,

702
00:41:17,680 --> 00:41:21,439
Speaker 1: there's no recovery going on, seriously except what people who

703
00:41:21,440 --> 00:41:24,760
Speaker 1: own stock or something. I mean And as you say,

704
00:41:24,960 --> 00:41:29,839
Speaker 1: I mean, parents cannot get childcare, workers don't have aren't

705
00:41:29,840 --> 00:41:34,040
Speaker 1: getting unemployment checks, people haven't gotten every sermon hasn't gotten

706
00:41:34,040 --> 00:41:38,880
Speaker 1: a stimulus check for so long. And while main Street

707
00:41:39,080 --> 00:41:43,480
Speaker 1: and working families absolutely needed and I'm not going to

708
00:41:43,560 --> 00:41:46,360
Speaker 1: give up hope, Kevin, we are going to keep pushing

709
00:41:47,000 --> 00:41:49,920
Speaker 1: for you call it stimulus. I called release to the

710
00:41:49,920 --> 00:41:53,440
Speaker 1: American people in the worst public health crisis in the

711
00:41:53,560 --> 00:41:57,120
Speaker 1: century and the worst economic crisis since the Great Depression.

712
00:41:57,239 --> 00:41:59,680
Speaker 1: So I just feel like we've got to keep fighting

713
00:41:59,719 --> 00:42:02,879
Speaker 1: for it. And I'm not, frankly, really concerned a lot

714
00:42:02,920 --> 00:42:08,160
Speaker 1: about what investors think about my constituents in Michigan's ninth district,

715
00:42:08,160 --> 00:42:12,160
Speaker 1: the working people who desperately need help, and we're going

716
00:42:12,200 --> 00:42:14,040
Speaker 1: to do everything we can to get it to them.

717
00:42:14,120 --> 00:42:16,080
Speaker 1: And I think that's what ends up works now better

718
00:42:16,120 --> 00:42:19,520
Speaker 1: for investors in the long run anyway. Congressman Andy Levins

719
00:42:19,520 --> 00:42:22,680
Speaker 1: on the line. He's a Democrat from Michigan. He represents

720
00:42:22,680 --> 00:42:26,840
Speaker 1: Michigan's Night Congressional district and includes most of Detroit's northern

721
00:42:26,880 --> 00:42:31,359
Speaker 1: and northeastern suburbs. There was a major development today with

722
00:42:31,400 --> 00:42:34,719
Speaker 1: Brianna Taylor, as her family has reached a major lawsuits

723
00:42:34,719 --> 00:42:38,279
Speaker 1: settlement with Louisville UH and I bring this up. They've

724
00:42:38,320 --> 00:42:40,839
Speaker 1: praised this settlement twelve million dollars. I bring this up

725
00:42:40,880 --> 00:42:43,800
Speaker 1: because you, sir, this week have and you are the

726
00:42:43,920 --> 00:42:47,160
Speaker 1: vice chair of the House Education and Labor Committee. And

727
00:42:47,239 --> 00:42:52,759
Speaker 1: you've introduced legislation called Strength and Diversity Act. Uh. Tell

728
00:42:52,800 --> 00:42:54,759
Speaker 1: me about it, Tell me what it does and why

729
00:42:54,840 --> 00:42:58,279
Speaker 1: is it important to have this legislation introduced at this

730
00:42:58,320 --> 00:43:04,520
Speaker 1: particular moment uh uh in the national discourse. Well, you know,

731
00:43:04,760 --> 00:43:08,640
Speaker 1: I think the the problem of systemic racism has been

732
00:43:08,760 --> 00:43:13,920
Speaker 1: uncovered and involves violence against a black people and other

733
00:43:13,960 --> 00:43:18,920
Speaker 1: people of colors. But also it involves uh, segregation of

734
00:43:19,000 --> 00:43:21,800
Speaker 1: our schools and of our housing. And the Strength and

735
00:43:21,880 --> 00:43:26,160
Speaker 1: Diversity Act would simply work with school systems all over

736
00:43:26,200 --> 00:43:29,839
Speaker 1: this country who want to work on de segregation, who

737
00:43:29,880 --> 00:43:33,680
Speaker 1: want to integrate their schools in creative ways, and help

738
00:43:33,800 --> 00:43:37,640
Speaker 1: them give them grants to do that. So it's things

739
00:43:37,719 --> 00:43:43,560
Speaker 1: like evaluating new policies and evidence based plans to address

740
00:43:43,719 --> 00:43:48,080
Speaker 1: racial isolation, get transportation moving and magnet schools and other

741
00:43:48,640 --> 00:43:52,840
Speaker 1: other tools to bring kids together. Our schools are more

742
00:43:52,920 --> 00:43:59,160
Speaker 1: segregated today than they were fifty years ago, and students

743
00:43:59,200 --> 00:44:03,560
Speaker 1: that have and iminantly children in color received twenty three

744
00:44:03,680 --> 00:44:08,600
Speaker 1: billion dollars less than schools with prominantly white students, even

745
00:44:08,600 --> 00:44:11,239
Speaker 1: though they serve the same number of students. So we

746
00:44:11,280 --> 00:44:13,680
Speaker 1: really have to tackle this problem if we want every

747
00:44:13,760 --> 00:44:17,200
Speaker 1: kid to have opportunity and if as as you know,

748
00:44:17,360 --> 00:44:22,560
Speaker 1: Justice Marshall said, um, they're good. Marshall in his dissent

749
00:44:22,840 --> 00:44:26,840
Speaker 1: in in the Millikean the Bradley decision that I spoke

750
00:44:26,880 --> 00:44:30,840
Speaker 1: about today. If we want people to be able to

751
00:44:30,880 --> 00:44:34,120
Speaker 1: live together and respect each other, we have to help

752
00:44:34,160 --> 00:44:37,520
Speaker 1: our kids learn together. And that's what it's all about. Congressman,

753
00:44:37,560 --> 00:44:39,359
Speaker 1: I want to follow up on something Congressman Andy Levins

754
00:44:39,360 --> 00:44:41,720
Speaker 1: with us. He's a Democrat for Michigan's ninth congressional district.

755
00:44:41,719 --> 00:44:43,760
Speaker 1: You just said something that I just want to understand.

756
00:44:44,120 --> 00:44:46,759
Speaker 1: You just said that schools are more segregated today than

757
00:44:46,800 --> 00:44:50,040
Speaker 1: there are fifty years ago. Why is that? This is America?

758
00:44:50,560 --> 00:44:53,160
Speaker 1: Why is that? Why? Why is why is that that

759
00:44:53,320 --> 00:44:56,319
Speaker 1: that fifty years ago they were less, they were more

760
00:44:56,360 --> 00:44:58,880
Speaker 1: segregated than they are today in two thousand and twenty.

761
00:44:58,960 --> 00:45:05,560
Speaker 1: Why Well, because our country has had actual legal structures

762
00:45:05,680 --> 00:45:09,840
Speaker 1: to uh segregate people um f h A loans every

763
00:45:09,960 --> 00:45:14,040
Speaker 1: you know, people of color were not allowed to buy houses.

764
00:45:14,120 --> 00:45:17,640
Speaker 1: There was redlining by banks that was not official. And

765
00:45:18,040 --> 00:45:20,120
Speaker 1: I'll just give you my own experience. You know, the

766
00:45:21,440 --> 00:45:24,280
Speaker 1: Milicans v. Bradley case was about the city of Detroit,

767
00:45:24,360 --> 00:45:26,319
Speaker 1: and I grew up in in a little suburb of

768
00:45:26,320 --> 00:45:30,799
Speaker 1: Detroit called Berkeley. Today Berkeley, thankfully is a little more segregated,

769
00:45:30,840 --> 00:45:34,000
Speaker 1: But when I grew up there, um, it was uh

770
00:45:34,239 --> 00:45:36,880
Speaker 1: there were no African American families and we were the

771
00:45:36,920 --> 00:45:42,040
Speaker 1: only Jewish family there. And what's happened is that because

772
00:45:42,280 --> 00:45:46,920
Speaker 1: of posting patterns and credit and difficulty of getting mortgages

773
00:45:46,960 --> 00:45:51,400
Speaker 1: and so forth, it's been really hard for African American

774
00:45:51,480 --> 00:45:55,600
Speaker 1: families to move into neighborhoods that would have great schools

775
00:45:55,600 --> 00:45:58,800
Speaker 1: for their kids. And we so we have to overcome

776
00:45:58,840 --> 00:46:01,719
Speaker 1: that if we want to have a just society basically

777
00:46:01,840 --> 00:46:04,360
Speaker 1: and just in that's what the bill is all about.

778
00:46:04,520 --> 00:46:06,160
Speaker 1: And just in the minute that we have left, you're also,

779
00:46:06,200 --> 00:46:08,320
Speaker 1: of course a member of the Committee on Foreign Affairs,

780
00:46:08,360 --> 00:46:12,000
Speaker 1: Congressman any leven major day in terms of geopolitics in

781
00:46:12,000 --> 00:46:13,880
Speaker 1: the Middle East. I just want to get your reaction

782
00:46:13,960 --> 00:46:17,759
Speaker 1: to the normalizing of relations between Israel, the UAE, and

783
00:46:17,920 --> 00:46:21,600
Speaker 1: Bahrain and of course the United States. Hey, any day

784
00:46:21,719 --> 00:46:25,640
Speaker 1: that new countries recognize Israel is a great day in

785
00:46:25,760 --> 00:46:30,200
Speaker 1: my book. I just moving forward my big concerns. We

786
00:46:30,280 --> 00:46:34,040
Speaker 1: really need to achieve a two state solution piece between

787
00:46:34,640 --> 00:46:39,960
Speaker 1: Israelis and Palestinians, security for Israel and real political rights

788
00:46:39,960 --> 00:46:43,800
Speaker 1: for Palestinians. And then I'm very concerned about selling F

789
00:46:44,000 --> 00:46:47,200
Speaker 1: thirty five to these countries. I am not. I don't

790
00:46:47,200 --> 00:46:51,000
Speaker 1: want to see the ui E get weapons that would

791
00:46:51,360 --> 00:46:55,719
Speaker 1: um hurt, would would a road Israel's quality, uh, you know,

792
00:46:55,800 --> 00:47:00,120
Speaker 1: qualitative advantage in weaponry, and I'm I'm very concerned that

793
00:47:00,239 --> 00:47:02,719
Speaker 1: that's what the Trump administration is actually up to here.

794
00:47:02,920 --> 00:47:05,640
Speaker 1: All right, Congressman Andy Levin and Democrat from Michigan, thank

795
00:47:05,680 --> 00:47:08,600
Speaker 1: you so much, sir for coming on and talking about that.

796
00:47:09,080 --> 00:47:11,759
Speaker 1: All these important geo politics issues with us coming up.

797
00:47:11,920 --> 00:47:14,680
Speaker 1: What's on the panel's radar? I'm Kevin Cereli, chief Washington

798
00:47:14,719 --> 00:47:17,799
Speaker 1: correspondent for Bloomberg Television and for Bloomberg Radio. And you're

799
00:47:17,840 --> 00:47:41,840
Speaker 1: listening to Bloomberg. This is Bloomberg's Sound On with Kevin

800
00:47:41,920 --> 00:47:46,120
Speaker 1: Surreley on Bloomberg and one oh five point seven f

801
00:47:46,280 --> 00:47:50,360
Speaker 1: M HD two. I'm Kevin Curreli, chief Washington correspondent for

802
00:47:50,440 --> 00:47:54,719
Speaker 1: Bloomberg Television. In Bloomberg Radio. Tomorrow, we're gonna check in

803
00:47:54,760 --> 00:47:56,960
Speaker 1: with Rick Rennell. I don't want to miss that. I

804
00:47:57,000 --> 00:47:59,720
Speaker 1: spoke with him earlier today. He is the former acting

805
00:48:00,120 --> 00:48:04,440
Speaker 1: Rector of National Intelligence. He has also the former U.

806
00:48:04,480 --> 00:48:09,879
Speaker 1: S Ambassador to Germany and the UH Special Envoy, former

807
00:48:09,960 --> 00:48:12,800
Speaker 1: Special Envoy for Serbia and Kostabo that deal that happened

808
00:48:12,880 --> 00:48:14,960
Speaker 1: a couple of weeks ago. He's really in the middle

809
00:48:15,000 --> 00:48:19,040
Speaker 1: of all of the Trump national security conversations and so

810
00:48:19,360 --> 00:48:21,799
Speaker 1: you don't want to miss that. That'll be tomorrow. Rick

811
00:48:21,840 --> 00:48:27,520
Speaker 1: grannell uh In in an interview with me um Okay

812
00:48:27,840 --> 00:48:31,000
Speaker 1: joining the panel, It's now time for my favorite part

813
00:48:31,000 --> 00:48:33,239
Speaker 1: of the program. I hope they let bro call know

814
00:48:33,360 --> 00:48:35,920
Speaker 1: what we're doing, because if not, he's going to be

815
00:48:35,960 --> 00:48:40,160
Speaker 1: like what Amy Tarcadians with us Jessy Republican strategist, former

816
00:48:40,200 --> 00:48:44,040
Speaker 1: Nevada State GOP chairwoman Amy Great to have you back

817
00:48:44,239 --> 00:48:49,359
Speaker 1: and Brian Broke Call, political advisor to California Governor Gavin Newsom,

818
00:48:49,400 --> 00:48:53,560
Speaker 1: the former campaign manager for Kamala Harris is successful candidacy

819
00:48:53,640 --> 00:48:57,960
Speaker 1: for California Attorney General. In all right, Brian, the segment

820
00:48:58,120 --> 00:49:03,000
Speaker 1: is called What's on your Radar? And I never know

821
00:49:03,080 --> 00:49:06,160
Speaker 1: why every day I say radar, but I do. It's weird.

822
00:49:06,200 --> 00:49:08,800
Speaker 1: I can't help it, but it's about what is something

823
00:49:08,840 --> 00:49:12,320
Speaker 1: that you're following, you're monitoring that I don't know, it

824
00:49:12,360 --> 00:49:15,319
Speaker 1: doesn't get a lot of attention and whatnot. UM, So

825
00:49:15,440 --> 00:49:20,640
Speaker 1: I'm gonna let Amy start. Amy, what's on your radar? Oh? Goodness,

826
00:49:20,719 --> 00:49:24,320
Speaker 1: so much? UM. Well, let's let's bring it a little

827
00:49:24,400 --> 00:49:29,400
Speaker 1: local and a little national. We have something new. Happened

828
00:49:29,400 --> 00:49:34,240
Speaker 1: here during the shutdown predominantly Democratic legislature healthy special session,

829
00:49:34,920 --> 00:49:38,640
Speaker 1: and during that time, they actually passed all mail in

830
00:49:38,719 --> 00:49:43,400
Speaker 1: ballot voting, which is a first for Nevada. UM. But

831
00:49:43,520 --> 00:49:46,319
Speaker 1: on top of that, UM, and this is something you

832
00:49:46,360 --> 00:49:49,839
Speaker 1: know that the President has been very much against. We

833
00:49:49,840 --> 00:49:52,560
Speaker 1: hear it on a regular basis, is all mail in ballots.

834
00:49:53,040 --> 00:49:56,400
Speaker 1: That's not necessarily the concern, I will tell you. The

835
00:49:56,440 --> 00:49:59,880
Speaker 1: main concern out here now is what's called ballot harvest.

836
00:50:00,120 --> 00:50:02,719
Speaker 1: And Brian should be familiar with that because California has

837
00:50:02,719 --> 00:50:05,200
Speaker 1: already had that in place. UM. And so this is

838
00:50:05,239 --> 00:50:08,680
Speaker 1: something that's also new to Nevada's. So I think you're

839
00:50:08,719 --> 00:50:12,239
Speaker 1: going to see a lot of royy up here in

840
00:50:12,280 --> 00:50:15,000
Speaker 1: the state of Nevada. And so I'm very interested to

841
00:50:15,040 --> 00:50:18,600
Speaker 1: see how this all plays out. Because this was against

842
00:50:18,719 --> 00:50:22,120
Speaker 1: the law here in Nevada two years ago. So what

843
00:50:22,400 --> 00:50:25,200
Speaker 1: is what is proferers who don't know what is ballot harvesting.

844
00:50:26,840 --> 00:50:30,839
Speaker 1: So balat harvesting is where with the voters permission, you

845
00:50:30,880 --> 00:50:34,359
Speaker 1: can collect their ballots and turn thement on their behalf. Now,

846
00:50:34,360 --> 00:50:38,160
Speaker 1: our Secretary of State is the only Republican UM that

847
00:50:38,200 --> 00:50:42,360
Speaker 1: holds a state right office at this time, state constitutional office.

848
00:50:42,680 --> 00:50:46,719
Speaker 1: And she does not create the laws. She simply implements them.

849
00:50:46,760 --> 00:50:50,239
Speaker 1: And so she's been you know, given this new tornado

850
00:50:50,280 --> 00:50:53,839
Speaker 1: if you will, to handle and she's doing an excellent job. Um,

851
00:50:53,920 --> 00:50:58,120
Speaker 1: but a lot of people are are angry with this scenario. Um.

852
00:50:58,160 --> 00:51:01,520
Speaker 1: So she tried to calm the situation down and recommended

853
00:51:01,560 --> 00:51:04,560
Speaker 1: to our governor to call the special sessions back and

854
00:51:04,640 --> 00:51:07,440
Speaker 1: anyone who collects, who collected and turns in ten or

855
00:51:07,480 --> 00:51:11,120
Speaker 1: more ballots would need to register with her office, um,

856
00:51:11,160 --> 00:51:14,120
Speaker 1: you know, showing what kind of background maybe be affiliated

857
00:51:14,160 --> 00:51:17,080
Speaker 1: with if they're a lobbyist for example. But he turned

858
00:51:17,080 --> 00:51:20,600
Speaker 1: that down. So that really infuriated a lot of voters

859
00:51:20,600 --> 00:51:23,200
Speaker 1: in the Vada. Yeah, this whole, this whole dynamic of

860
00:51:23,480 --> 00:51:26,520
Speaker 1: the volatility and the November third election, it's it could

861
00:51:26,560 --> 00:51:29,880
Speaker 1: potentially be the most litigated presidential election in the United

862
00:51:29,880 --> 00:51:32,200
Speaker 1: States history. That's what they're saying. I mean, and and

863
00:51:32,200 --> 00:51:34,400
Speaker 1: and already. You know, we've been talking about this for

864
00:51:34,480 --> 00:51:37,080
Speaker 1: quite some time. You might not know. You know, back

865
00:51:37,080 --> 00:51:39,440
Speaker 1: when I was a kid, it was you go, you

866
00:51:39,440 --> 00:51:41,920
Speaker 1: stay up late, you get out the popcorn, you have

867
00:51:41,960 --> 00:51:46,279
Speaker 1: the pizza, and um, you watch you know, you watch

868
00:51:46,320 --> 00:51:49,720
Speaker 1: the returns, you stay up. Lad who's president? And maybe

869
00:51:49,960 --> 00:51:53,320
Speaker 1: maybe you don't know until early in the morning or something.

870
00:51:53,360 --> 00:51:56,840
Speaker 1: But hey, folks, this isn't a This isn't a football game. Okay.

871
00:51:56,880 --> 00:51:59,120
Speaker 1: I mean the the increase of mail in voting. It's

872
00:51:59,160 --> 00:52:00,920
Speaker 1: not like there's a fourth order time RNs out. We

873
00:52:00,960 --> 00:52:03,719
Speaker 1: have president. The increase of mail in voting might mean

874
00:52:03,760 --> 00:52:06,400
Speaker 1: that this thing could take days, weeks. Dare I say months?

875
00:52:06,880 --> 00:52:09,480
Speaker 1: And it's opening up. Get off the Constitution, I said yesterday,

876
00:52:09,520 --> 00:52:12,680
Speaker 1: did the surveillance team? Get off the constitution? Because the

877
00:52:12,680 --> 00:52:17,520
Speaker 1: Constitution declares when the inauguration is, but the Congress decides

878
00:52:17,520 --> 00:52:21,920
Speaker 1: when the electoral College votes. And that electoral college vote

879
00:52:22,400 --> 00:52:26,040
Speaker 1: could be very very interesting as we navigate through the

880
00:52:26,040 --> 00:52:30,920
Speaker 1: patchwork of regulatory quilt that is mail in valid voting.

881
00:52:31,200 --> 00:52:33,239
Speaker 1: All right, that's a great one. Amy Brian, what's on

882
00:52:33,280 --> 00:52:37,000
Speaker 1: your radar? I mean, I've been fascinated to watch and

883
00:52:37,040 --> 00:52:40,879
Speaker 1: see how the Biden campaign has deployed my old friend

884
00:52:40,960 --> 00:52:45,000
Speaker 1: Kamala Harris, because the first a few weeks after her selection,

885
00:52:45,120 --> 00:52:47,279
Speaker 1: you know, she was largely doing what the rest of

886
00:52:47,360 --> 00:52:49,080
Speaker 1: us were doing, which is spending a lot of time

887
00:52:49,080 --> 00:52:52,200
Speaker 1: on Zoom and for her that meant fundraising and doing

888
00:52:52,239 --> 00:52:55,120
Speaker 1: TV interviews. But they really hadn't put her out there

889
00:52:55,160 --> 00:52:57,480
Speaker 1: on the campaign trail yet. And that started to change

890
00:52:57,480 --> 00:53:00,080
Speaker 1: over the last couple of weeks where she went to

891
00:53:00,120 --> 00:53:03,480
Speaker 1: Wisconsin to me with the family and Mr Blake and

892
00:53:03,480 --> 00:53:05,960
Speaker 1: and then she was in Miami as well, and then

893
00:53:06,000 --> 00:53:09,880
Speaker 1: today she's actually in California with the Governor Newsom touring

894
00:53:09,920 --> 00:53:12,640
Speaker 1: the wildfires. But it's going to be interesting to see

895
00:53:12,680 --> 00:53:15,560
Speaker 1: if they send her to swing states, twitch swing States,

896
00:53:15,800 --> 00:53:19,160
Speaker 1: how they use her and m I she's somebody who

897
00:53:19,160 --> 00:53:21,359
Speaker 1: really enjoys being out on the stump, and she's great

898
00:53:21,400 --> 00:53:23,640
Speaker 1: at retail politick ng. It's how she came up in

899
00:53:23,640 --> 00:53:25,640
Speaker 1: the world in San Francisco. So I hope they do

900
00:53:25,760 --> 00:53:28,239
Speaker 1: take advantage of her skill set and put her out

901
00:53:28,280 --> 00:53:32,200
Speaker 1: there more. Yeah, where like that's gotta be frustrating. I

902
00:53:32,239 --> 00:53:35,439
Speaker 1: mean where she does, I mean anyone. There are certain

903
00:53:35,440 --> 00:53:38,040
Speaker 1: politicians who loves a campaign in certain politicians you just don't.

904
00:53:38,080 --> 00:53:40,080
Speaker 1: I won't say the ones who don't, but I will

905
00:53:40,080 --> 00:53:43,759
Speaker 1: say the ones you do. Senator Kamala Harris, whether you

906
00:53:43,800 --> 00:53:47,239
Speaker 1: agree there or disagree there, she loves to campaign. I mean,

907
00:53:47,239 --> 00:53:50,040
Speaker 1: I even just she loves it. So I mean it's

908
00:53:50,080 --> 00:53:52,480
Speaker 1: got to be kind of I mean, I you know,

909
00:53:52,560 --> 00:53:55,800
Speaker 1: she's got to be the dynamics of a virtual trail.

910
00:53:55,800 --> 00:54:01,799
Speaker 1: I've got to fifteen minutes before the President hit hit

911
00:54:01,880 --> 00:54:05,200
Speaker 1: the stage on his first rally and here in Nevada, UM,

912
00:54:05,280 --> 00:54:08,360
Speaker 1: the Biden Harris team released a press release that she

913
00:54:08,520 --> 00:54:11,040
Speaker 1: was going to be visiting here today, So I don't

914
00:54:11,080 --> 00:54:12,600
Speaker 1: know what time she was supposed to be here, but

915
00:54:12,600 --> 00:54:14,440
Speaker 1: she's also supposed to be in Nevada, which is each

916
00:54:14,480 --> 00:54:19,239
Speaker 1: week state. The other thing to keep in mind is that,

917
00:54:19,760 --> 00:54:21,840
Speaker 1: you know, with all due respect, the Democrats seem to

918
00:54:21,840 --> 00:54:23,960
Speaker 1: be a little bit more respectful of the fact that

919
00:54:23,960 --> 00:54:26,080
Speaker 1: we're in the middle of a global pandemic and we

920
00:54:26,120 --> 00:54:29,440
Speaker 1: aren't holding these giant rallies with people that the President

921
00:54:29,440 --> 00:54:32,359
Speaker 1: Trump seems to be thinking is a good idea. So

922
00:54:32,400 --> 00:54:34,759
Speaker 1: it's a lot more difficult. You can't just send the

923
00:54:34,800 --> 00:54:38,200
Speaker 1: candidates around the country on fly around with large events

924
00:54:38,239 --> 00:54:40,520
Speaker 1: like we have historically. So I think we're taking a

925
00:54:40,600 --> 00:54:43,880
Speaker 1: much more responsible approach, but it definitely hinders the ability

926
00:54:43,920 --> 00:54:47,360
Speaker 1: to do traditional retail politicing. All right, here's it's on

927
00:54:47,480 --> 00:54:51,279
Speaker 1: my radar because I'm a giant nerd and we haven't

928
00:54:51,280 --> 00:54:53,879
Speaker 1: talked about outer space in a while, and I want

929
00:54:53,880 --> 00:54:58,400
Speaker 1: to Venus possible sign of life detected on Venus and

930
00:54:58,680 --> 00:55:00,520
Speaker 1: I'm reading from the from the well she General, an

931
00:55:00,560 --> 00:55:04,480
Speaker 1: international group of scientists reported the detection of small quantities

932
00:55:04,520 --> 00:55:08,240
Speaker 1: of a gas in the atmosphere of Venus they believe

933
00:55:08,320 --> 00:55:11,000
Speaker 1: could be a sign of biological life on the often

934
00:55:11,120 --> 00:55:14,400
Speaker 1: overlooked planet. I think it's because I'm watching Away on Netflix.

935
00:55:14,480 --> 00:55:18,040
Speaker 1: I'm really into it and it's uh, it got me

936
00:55:18,040 --> 00:55:20,960
Speaker 1: thinking about Mars and everything. And Hillary Spanke is magnificent

937
00:55:21,000 --> 00:55:22,560
Speaker 1: in this series. I don't know if you guys watched

938
00:55:22,560 --> 00:55:24,360
Speaker 1: it from the creators of Friday Night Lights, which is

939
00:55:24,400 --> 00:55:26,640
Speaker 1: a great book Buzz Messenger, then they made into a

940
00:55:26,680 --> 00:55:29,239
Speaker 1: movie on a TV show, Uh, and Parenthood. But it's

941
00:55:29,239 --> 00:55:33,080
Speaker 1: also got this whole Jeff Bezos, SpaceX or no, I'm sorry, Yeah,

942
00:55:33,160 --> 00:55:36,360
Speaker 1: the SpaceX Elon Musk spaces don't tell Jeff Bezos I

943
00:55:36,400 --> 00:55:40,160
Speaker 1: said that, uh on on, I don't know on all

944
00:55:40,200 --> 00:55:44,080
Speaker 1: this technology. So then they have in the New York

945
00:55:44,120 --> 00:55:47,080
Speaker 1: Times that rocket Lab may be able to send a

946
00:55:47,160 --> 00:55:51,040
Speaker 1: small spacecraft to probe the clouds of Venus, long before

947
00:55:51,200 --> 00:55:55,160
Speaker 1: NASA or other space agencies are able to do so.

948
00:55:55,400 --> 00:55:58,520
Speaker 1: Elon Musk wants to settle human on Mars with his

949
00:55:58,680 --> 00:56:02,439
Speaker 1: rocket company space X. Jeff Bezos wants a trillion people

950
00:56:02,480 --> 00:56:05,440
Speaker 1: living in space, But the chief executive of one private

951
00:56:05,480 --> 00:56:10,080
Speaker 1: space company, rocket Lab, says that they're approaching space exploration

952
00:56:10,280 --> 00:56:13,200
Speaker 1: differently and they aim to play a part in the

953
00:56:13,280 --> 00:56:17,480
Speaker 1: search for life on Venus. So Axily has had this

954
00:56:17,520 --> 00:56:19,960
Speaker 1: today as well. We've been focusing on Mars, but maybe Venus.

955
00:56:20,000 --> 00:56:25,040
Speaker 1: Maybe maybe they're out there in Venus. They have wildfires there.

956
00:56:26,400 --> 00:56:28,400
Speaker 1: Send me up. I say it all the time on

957
00:56:28,440 --> 00:56:30,719
Speaker 1: the show. If you're looking for a reporter to send

958
00:56:30,719 --> 00:56:34,680
Speaker 1: into space, the name's keV. Thank you to broke All,

959
00:56:35,040 --> 00:56:38,040
Speaker 1: Thank you to Tarcadian, Amy Tarcadian, Brian broke All. Thank

960
00:56:38,040 --> 00:56:39,800
Speaker 1: you both for spending the hour with me. That doesn't

961
00:56:39,800 --> 00:56:42,560
Speaker 1: for me. Rick Ronal tomorrow. I'm Kevin c Really, Chief

962
00:56:42,600 --> 00:56:45,839
Speaker 1: Washington correspondent for Bloomberg Television and from Bloomberg Radio. Maybe

963
00:56:45,840 --> 00:56:48,760
Speaker 1: they're sending me to space next. Who knows. You're listening

964
00:56:48,760 --> 00:57:03,040
Speaker 1: to Bloomberg to