1 00:00:00,040 --> 00:00:03,320 Speaker 1: Under Savernas. This morning, a trade crisis averts it. US 2 00:00:03,400 --> 00:00:05,760 Speaker 1: DOC worker is ending a three day strike the temporarily 3 00:00:05,760 --> 00:00:08,920 Speaker 1: halted East Coast trade. The union extending its contract through 4 00:00:09,000 --> 00:00:12,959 Speaker 1: January fifteenth, allowing more time for negotiations and avoiding a 5 00:00:13,000 --> 00:00:16,160 Speaker 1: contentious labor and economic battle just ahead of the election. 6 00:00:16,520 --> 00:00:18,800 Speaker 1: Joining US now and pleased to say the National Economic 7 00:00:18,840 --> 00:00:22,280 Speaker 1: Council Director Leo Brainer, Director Brainer, thank you very much 8 00:00:22,280 --> 00:00:24,439 Speaker 1: for giving your time to Bloomberg TV this morning. The 9 00:00:24,480 --> 00:00:27,159 Speaker 1: first question we all have is how much progress have 10 00:00:27,240 --> 00:00:30,400 Speaker 1: we actually made ahead of January fifteenth. You've been a 11 00:00:30,400 --> 00:00:32,199 Speaker 1: big part of the conversation. Could you share some of 12 00:00:32,240 --> 00:00:33,239 Speaker 1: that information with us. 13 00:00:34,640 --> 00:00:39,159 Speaker 2: There's tremendous progress. The most important thing, our ports are 14 00:00:39,240 --> 00:00:43,800 Speaker 2: back open, our dock workers are back at work. American 15 00:00:43,880 --> 00:00:46,560 Speaker 2: consumers really won't see any effect of this at all. 16 00:00:47,000 --> 00:00:50,360 Speaker 2: And again we see that the collective bargaining really works 17 00:00:50,400 --> 00:00:52,560 Speaker 2: when you support it and give it a chance, which 18 00:00:52,600 --> 00:00:54,840 Speaker 2: is what the Vice President of the President have always 19 00:00:54,920 --> 00:01:00,480 Speaker 2: done in terms of the progress at the bargaining table. 20 00:01:00,840 --> 00:01:03,880 Speaker 2: For many months, the two parties hadn't been working together. 21 00:01:04,520 --> 00:01:07,479 Speaker 2: Now they have extended the contract in order to really 22 00:01:07,560 --> 00:01:11,400 Speaker 2: roll up their sleeves and address the remaining issues on 23 00:01:11,400 --> 00:01:15,520 Speaker 2: the table. Having now solved the wage piece of this, 24 00:01:15,680 --> 00:01:17,400 Speaker 2: so good news for everyone. 25 00:01:17,440 --> 00:01:19,920 Speaker 1: I think some people would argue the remaining issue is 26 00:01:19,920 --> 00:01:23,040 Speaker 1: the hardest issue. It's automation, and they're trying to work 27 00:01:23,040 --> 00:01:25,360 Speaker 1: out whether this punt, if we can call it, that 28 00:01:25,480 --> 00:01:27,160 Speaker 1: was about the election just to push this out to 29 00:01:27,240 --> 00:01:30,039 Speaker 1: January fifteenth, or whether it's about doing the patriotic thing 30 00:01:30,400 --> 00:01:32,760 Speaker 1: and making sure that we could get the things we 31 00:01:32,800 --> 00:01:35,120 Speaker 1: needed to get to the disaster designs across the country 32 00:01:35,120 --> 00:01:38,199 Speaker 1: following the hurricane from the ports and through this country 33 00:01:38,200 --> 00:01:41,160 Speaker 1: efficiently and effectively. Can you share with this Director branded 34 00:01:41,240 --> 00:01:42,360 Speaker 1: what this was really all about. 35 00:01:43,880 --> 00:01:49,280 Speaker 2: Absolutely so. On the part of the carriers, the port operators, 36 00:01:49,720 --> 00:01:54,080 Speaker 2: and the dock workers, they all wanted to get back 37 00:01:54,120 --> 00:01:59,600 Speaker 2: to work. I think it was a patriotic effort. We 38 00:01:59,640 --> 00:02:03,639 Speaker 2: wanted to make sure that the hurricane supplies are moving, 39 00:02:05,640 --> 00:02:10,840 Speaker 2: that consumers don't see any effects, as well as American 40 00:02:10,880 --> 00:02:14,720 Speaker 2: farmers and exporters. So I think on all sides, there 41 00:02:14,800 --> 00:02:17,200 Speaker 2: was a real desire to get to a solution that 42 00:02:17,280 --> 00:02:20,200 Speaker 2: could carry them forward, get back to the negotiating table, 43 00:02:20,560 --> 00:02:23,880 Speaker 2: get those ports open, get back to work. Director brainer, what. 44 00:02:23,919 --> 00:02:26,440 Speaker 3: Is the White House deem acceptable when it comes to 45 00:02:26,480 --> 00:02:28,000 Speaker 3: the language on automation. 46 00:02:30,160 --> 00:02:33,840 Speaker 2: So we really don't take a position on how the 47 00:02:33,880 --> 00:02:38,960 Speaker 2: collective bargaining process resolves. What we do care about is 48 00:02:39,080 --> 00:02:42,200 Speaker 2: making sure that we support the collective bargaining process and 49 00:02:42,240 --> 00:02:45,840 Speaker 2: allow the parties to come to conclusion that works for 50 00:02:45,880 --> 00:02:48,360 Speaker 2: both sides. And that's the role we really played here 51 00:02:48,760 --> 00:02:52,120 Speaker 2: was bringing the two sides together, encouraging them to find 52 00:02:52,240 --> 00:02:56,600 Speaker 2: something that they could agree on. And they did find 53 00:02:56,720 --> 00:03:00,880 Speaker 2: agreement on wages and agreement on extent unding the contract 54 00:03:00,960 --> 00:03:04,880 Speaker 2: to January fifteenth. So I think what we did was 55 00:03:04,960 --> 00:03:08,639 Speaker 2: support the collective organing process, support the parties getting back 56 00:03:08,680 --> 00:03:11,080 Speaker 2: to the table. The rest is really up to them. 57 00:03:11,440 --> 00:03:13,560 Speaker 3: You've done a lot of work, though, Director Bran And 58 00:03:13,560 --> 00:03:15,880 Speaker 3: when you came into the West Wing on supply chain 59 00:03:15,919 --> 00:03:19,399 Speaker 3: and supply chain resiliency. How does the White House way 60 00:03:19,520 --> 00:03:21,600 Speaker 3: given all your work, the fact that we could have 61 00:03:21,720 --> 00:03:25,640 Speaker 3: more efficient ports, is that more important competing with China? 62 00:03:25,760 --> 00:03:28,000 Speaker 3: These efficient ports or union jobs? 63 00:03:29,360 --> 00:03:32,560 Speaker 2: So of course what is very important is to make 64 00:03:32,600 --> 00:03:34,920 Speaker 2: sure that we are making all the improvements that we 65 00:03:35,000 --> 00:03:38,000 Speaker 2: can to our supply chains. And as you know, we 66 00:03:38,080 --> 00:03:42,160 Speaker 2: have massive investments now through the bipartisan Infrastructure Law. In 67 00:03:42,200 --> 00:03:46,960 Speaker 2: our ports, we also have a Supply Chain Council at 68 00:03:46,960 --> 00:03:50,400 Speaker 2: the Cabinet level that I run on behalf of the President, 69 00:03:50,520 --> 00:03:54,040 Speaker 2: so we have much more data across the supply chain. 70 00:03:54,440 --> 00:03:57,800 Speaker 2: There is a flow office now at the Department of 71 00:03:57,840 --> 00:04:03,600 Speaker 2: Transportation that helps all the participants, the carriers, the operators, 72 00:04:03,640 --> 00:04:06,760 Speaker 2: the retailers, the farmers have the data they need to 73 00:04:06,840 --> 00:04:10,680 Speaker 2: plan ahead and to mitigate. And that process was on 74 00:04:10,760 --> 00:04:14,000 Speaker 2: display in the wake of the Baltimore Bridge collapse, and 75 00:04:14,040 --> 00:04:17,240 Speaker 2: it was on display in the week's leading up to 76 00:04:17,480 --> 00:04:21,960 Speaker 2: this successful extension of the contract and resolution of the 77 00:04:21,960 --> 00:04:22,679 Speaker 2: wage issues. 78 00:04:23,120 --> 00:04:24,560 Speaker 3: Do you think there's a chance that we can get 79 00:04:24,560 --> 00:04:29,320 Speaker 3: to the automative language of this before January fifteenth? 80 00:04:29,680 --> 00:04:33,440 Speaker 2: I think that the carriers, the operators, and the dock 81 00:04:33,520 --> 00:04:37,000 Speaker 2: workers know they have work to do to find an 82 00:04:37,080 --> 00:04:41,880 Speaker 2: acceptable outcome on that and many other issues. But I 83 00:04:41,960 --> 00:04:44,480 Speaker 2: have a lot of optimism now that they're talking to 84 00:04:44,560 --> 00:04:47,599 Speaker 2: each other, that they really made a good faith effort 85 00:04:48,279 --> 00:04:53,080 Speaker 2: on the wage piece and that moved these negotiations forward again. 86 00:04:53,920 --> 00:04:56,320 Speaker 2: They had not been speaking to each other for months, 87 00:04:56,360 --> 00:04:59,520 Speaker 2: and our interest was really getting the two parties back 88 00:04:59,520 --> 00:05:02,640 Speaker 2: to the bar table on the basis of a fair wage. 89 00:05:02,680 --> 00:05:07,479 Speaker 2: Don't forget these dock workers in the previous six year contracts. 90 00:05:07,560 --> 00:05:10,120 Speaker 2: Some years they got no wage increases at all. Other 91 00:05:10,240 --> 00:05:14,400 Speaker 2: years they got one dollar. Meanwhile, we had COVID, we 92 00:05:14,480 --> 00:05:19,520 Speaker 2: had dock workers really risking their lives to keep goods 93 00:05:19,560 --> 00:05:24,240 Speaker 2: moving on. Behalf of American consumers and businesses, and the 94 00:05:25,040 --> 00:05:29,920 Speaker 2: port and carriers really during this last few years had 95 00:05:30,040 --> 00:05:34,920 Speaker 2: record profits. And this is a deal that could give 96 00:05:35,080 --> 00:05:39,120 Speaker 2: workers their fair share after a period of having a 97 00:05:39,360 --> 00:05:40,400 Speaker 2: very little wage gain. 98 00:05:40,560 --> 00:05:41,200 Speaker 1: So it's a. 99 00:05:41,240 --> 00:05:45,200 Speaker 2: Nice important step forward. Of course, they have more work. 100 00:05:44,960 --> 00:05:47,520 Speaker 4: To do, Director brainer And I can say I'm really 101 00:05:47,560 --> 00:05:49,880 Speaker 4: impressed in your ability to focus with them mowing the 102 00:05:49,960 --> 00:05:53,080 Speaker 4: lawn and yelling behind you, because honestly, it's always sort 103 00:05:53,120 --> 00:05:55,520 Speaker 4: of unfathoma flow. They're always mowing the lawn there, So 104 00:05:55,600 --> 00:05:58,520 Speaker 4: thank you for that. I am wondering, though, Director of BRAINERD, 105 00:05:58,680 --> 00:05:59,400 Speaker 4: how much. 106 00:05:59,360 --> 00:06:04,279 Speaker 5: You see sort of necessity for workers to have to 107 00:06:04,320 --> 00:06:06,880 Speaker 5: be kind of flexible at a time of great change, 108 00:06:06,920 --> 00:06:10,680 Speaker 5: and that there are some technological changes that are more 109 00:06:10,760 --> 00:06:15,320 Speaker 5: easily implemented if companies have the ability to figure it 110 00:06:15,320 --> 00:06:18,440 Speaker 5: out as they go along to not necessarily be beholden 111 00:06:18,640 --> 00:06:21,720 Speaker 5: to contracts that are written in a different time. How 112 00:06:21,760 --> 00:06:26,880 Speaker 5: do you argue that labor negotiations should continue with organized 113 00:06:26,960 --> 00:06:30,279 Speaker 5: labor if companies need to have that suppleness at a 114 00:06:30,279 --> 00:06:32,440 Speaker 5: time of great change. 115 00:06:32,600 --> 00:06:36,559 Speaker 2: Yeah, So, what I would say is when you look 116 00:06:36,800 --> 00:06:40,080 Speaker 2: at the contract that you saw on the West Coast Ports, 117 00:06:40,120 --> 00:06:45,920 Speaker 2: for instance, which was a very successful contract for workers 118 00:06:45,960 --> 00:06:51,160 Speaker 2: for all of the employers, it is a contract that 119 00:06:51,240 --> 00:06:55,800 Speaker 2: resolves those issues and moves forward. And I expect the 120 00:06:55,880 --> 00:06:59,679 Speaker 2: same is possible in the context of the collective bargaining 121 00:06:59,720 --> 00:07:04,599 Speaker 2: prices that now has been extended into next year on 122 00:07:04,680 --> 00:07:09,240 Speaker 2: the basis of a really strong wage offer. You know, 123 00:07:09,600 --> 00:07:13,600 Speaker 2: unions are more popular than they have been in decades, 124 00:07:14,080 --> 00:07:17,920 Speaker 2: and I think the President the Vice President are demonstrating 125 00:07:18,000 --> 00:07:23,040 Speaker 2: by their actions this is how we enable the collective 126 00:07:23,040 --> 00:07:27,000 Speaker 2: bargaining process to work. And the collective bargaining process does 127 00:07:27,800 --> 00:07:32,960 Speaker 2: reach fair wages for workers and also a set of 128 00:07:33,000 --> 00:07:37,120 Speaker 2: other really important agreements about how workers should have voice 129 00:07:38,080 --> 00:07:42,000 Speaker 2: in the way the business is organized. All of those 130 00:07:42,040 --> 00:07:45,520 Speaker 2: things are on the table, and we believe that we 131 00:07:45,720 --> 00:07:49,760 Speaker 2: have just enabled that collective bargaining process to continue in 132 00:07:49,800 --> 00:07:53,480 Speaker 2: a very productive way that's good for everyone. Most importantly 133 00:07:53,880 --> 00:07:55,960 Speaker 2: getting the ports back open so we can get those 134 00:07:55,960 --> 00:08:00,280 Speaker 2: supplies to areas affected by Hurricane Helene. 135 00:08:00,480 --> 00:08:03,920 Speaker 1: At Leasta is getting to a much broader philosophical point, 136 00:08:03,920 --> 00:08:05,760 Speaker 1: though direct to Brandon, that perhaps we can finish on 137 00:08:06,800 --> 00:08:09,800 Speaker 1: we are all vulnerable to automation. It is somewhat easier 138 00:08:09,840 --> 00:08:12,440 Speaker 1: to be so pro union when union membership is so low. 139 00:08:12,800 --> 00:08:14,320 Speaker 1: If it was a whole lot higher, would be far 140 00:08:14,360 --> 00:08:17,640 Speaker 1: more disruptive. We'd all be complaining about being vulnerable to automation. 141 00:08:18,080 --> 00:08:20,240 Speaker 1: How do you suggest that the American public should deal 142 00:08:20,680 --> 00:08:23,320 Speaker 1: with the increase of use in AI and automation over 143 00:08:23,360 --> 00:08:25,480 Speaker 1: the next several years. Should we all just go on strike? 144 00:08:27,120 --> 00:08:27,400 Speaker 4: Yeah? 145 00:08:27,440 --> 00:08:33,720 Speaker 2: So, what's very interesting there is unions have actually worked 146 00:08:34,320 --> 00:08:40,640 Speaker 2: with the organizations representing employers on AI provisions. One of 147 00:08:40,679 --> 00:08:47,120 Speaker 2: the first contracts to directly address artificial intelligence was, of course, 148 00:08:47,480 --> 00:08:51,640 Speaker 2: the Writer's Contract, a really great contract which had language 149 00:08:51,640 --> 00:08:57,640 Speaker 2: that used AI as an enabler to enable writers to 150 00:08:57,720 --> 00:09:04,640 Speaker 2: actually be productive, but the creative direction in the hands 151 00:09:04,760 --> 00:09:07,880 Speaker 2: of humans. And of course I think those are the 152 00:09:07,960 --> 00:09:10,520 Speaker 2: kinds of principles that we have supported here at the 153 00:09:10,520 --> 00:09:13,920 Speaker 2: White House. You know, we've released principles. It's just important 154 00:09:13,960 --> 00:09:18,600 Speaker 2: for workers to be enabled, not displaced. It's important for 155 00:09:18,679 --> 00:09:24,240 Speaker 2: workers to be sitting alongside businesses in making sure they 156 00:09:24,280 --> 00:09:26,440 Speaker 2: work together on where AI should be used. 157 00:09:26,720 --> 00:09:29,520 Speaker 1: Much longer conversation for another time. We appreciate your time. 158 00:09:29,640 --> 00:09:31,760 Speaker 1: I know you can't talk about the payrolls report. It's 159 00:09:31,760 --> 00:09:34,160 Speaker 1: still to come. Director Brandon, thank you for your time.