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Speaker 1: Live from our Nation's All Talk here in Washington, d

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Speaker 1: C turns to President elect Joe Biden's administration. Historically speaking

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Speaker 1: the markets that performed better when there is divided government.

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Speaker 1: The biggest pressure for physical stimulus is an up taking cases.

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Speaker 1: Bloomberg Sound on the insiders, the influencers, the inside. Biden

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Speaker 1: has promised again and again the he will unite the

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Speaker 1: country's state government's control elections as in the constitution. I

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Speaker 1: think that we can expect a smooth, thoughtful, methodical transition.

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Speaker 1: This is Bloomberg Sound On with Kevin Shirley on Bloomberg Radio.

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Speaker 1: Stimulating talk. Fiscal stimulus talks intensifying, but Leader McConnell still

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Speaker 1: not ready to make a deal. And the vaccine developed

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Speaker 1: by Astra Zeneca and the University of Oxford provided protection

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Speaker 1: against severe COVID nineteen according to a new peer reviewed study,

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Speaker 1: as intensifying talks in the United States on the regulatory

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Speaker 1: front with regards to a vaccine. We have every angle covered.

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Speaker 1: All of that plus some geopolitics US China relations through

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Speaker 1: the prison of North Korea. I want to talk about

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Speaker 1: North Korea today. The big story in the Washington Front.

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Speaker 1: Senate Majority Leader Mitch McConnell suggesting setting aside his top

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Speaker 1: priority of business liability protections in exchange for Democrats dropping

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Speaker 1: their demands for state government aid in a final pandemic

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Speaker 1: relief package. This according to my colleagues reporting on the

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Speaker 1: Bloomberg terminal. Meanwhile, we've got sound on that particular issue

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Speaker 1: because President elect Joe Biden is formally introducing his health team,

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Speaker 1: a team that includes California Attorney General Xavier Bessara as

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Speaker 1: Secretary of Health and Human Services. He spoke at WILM

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Speaker 1: in Wilmington's, Delaware. As the vaccination fight continues. Whatever your

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Speaker 1: politics or point of view, mask up for one days

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Speaker 1: once we take office, one under days to make a difference.

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Speaker 1: It's not a political statement, it's a patriotic act. The

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Speaker 1: current occupant of the White House, President Trump, saying earlier

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Speaker 1: today that a vaccine summit was needed in order to

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Speaker 1: convene and encourage the mass utilization of the vaccine once

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Speaker 1: it is approved. If authorized, tens of millions of vaccine

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Speaker 1: doses will be available this month. Then we'll get it

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Speaker 1: distributed very quickly. We have that all said, and hundreds

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Speaker 1: of millions more will quickly follow. Every American who wants

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Speaker 1: the vaccine will be able to get the vaccine. But

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Speaker 1: on Capitol Hill, I'll talk running through what has quickly

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Speaker 1: become sent a majority Leader Mitch McConnell's Washington d C

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Speaker 1: as he now holds all of the cards essentially, and

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Speaker 1: negotiating a fiscal stimulus deal. I think it's abuse shared

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Speaker 1: by literally everybody on both sides of the all that

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Speaker 1: we can't leave without doing a COVID bill. The country

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Speaker 1: needs it. It's positive, positive talk. And with that we

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Speaker 1: should also note Senate Minority Leader Mitch our Senate Minority

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Speaker 1: Leader Chuck Schumer equally is optimistic. You can't claim to

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Speaker 1: want bipartisanship while actively demanding the Senate except partisan legislation.

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Speaker 1: Bipartisan does not mean Democrats much degree to whatever the

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Speaker 1: Republican leader wants on whatever issue he picks. So there

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Speaker 1: you have it. There you have it. Democrats have opposed

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Speaker 1: Leader McConnell's insistence on giving up on giving employers a

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Speaker 1: shield from lawsuits, while McConnell has been among Republicans blasting

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Speaker 1: Democratic demands for assistance to state and local authorities as

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Speaker 1: a bail out. Gregory Cordy covers all of this for Bloomberg, Gregory,

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Speaker 1: thanks for joining us. I mean it looks like they're

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Speaker 1: inching closer to a deal. Yeah. This whole COVID negotiation

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Speaker 1: has been one of those classic Washington examples of the

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Speaker 1: parties not being able to agree on the things they

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Speaker 1: agree on because of the things that they disagree on.

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Speaker 1: And so now if we're sort of arrowing the issues

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Speaker 1: by taking this liability provision off the table, by taking

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Speaker 1: a distinct local governments off the table, and just focusing

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Speaker 1: on direct payments to individuals, uh, that seems to be

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Speaker 1: a possible path forward to getting something done in this

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Speaker 1: lame duck. So so precisely on the issue of liability protections.

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Speaker 1: I mean, that's something that Leader McConnell has been pressing

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Speaker 1: for for quite some time. I mean, it's even making

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Speaker 1: its way throughout the courts. I mean you look at

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Speaker 1: where I my home state, Pennsylvania, Gregory, I mean in

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Speaker 1: the Pennsylvania Supreme Court having to to get involved into

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Speaker 1: weigh in and and on some of this. So it's

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Speaker 1: not just the Leader McConnell issue, but businesses of all

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Speaker 1: sizes is worried about trying to get their employees back

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Speaker 1: to work while also being on the hook should they contract,

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Speaker 1: should they get COVID nineteen. No, it's absolutely an issue,

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Speaker 1: But so too is the issue that the Democrats are

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Speaker 1: putting forward of state and local governments, which are I

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Speaker 1: have seen in many k is UH they're funded by

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Speaker 1: sales taxes. As of course, of course, retail sales are

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Speaker 1: are way down during this COVID pandemic. UM, the you know,

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Speaker 1: government coffers are running dry, and that has very real

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Speaker 1: implications for UH, not just social services, but at some

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Speaker 1: point it starts to affect a safety services, police and

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Speaker 1: fire and and a lot of those things that we

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Speaker 1: rely on on our local government. So absolutely, I mean,

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Speaker 1: this is not a bill that's going to satisfy anybody

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Speaker 1: if indeed this is the path forward, but it is

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Speaker 1: at least begins to provide what Joe Biden has been

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Speaker 1: calling that down payment on getting some immediate relief to

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Speaker 1: people during this long, hard winter before Joe Biden can

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Speaker 1: take office. We'll see what the Senate looks like after

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Speaker 1: January five, once the Senate UH runoffs are decided in Georgia. UM,

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Speaker 1: but at least this would provide an immediate short term

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Speaker 1: boost before somebody is bigger issues can be decided. Gregory

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Speaker 1: courtis with us. He is a Bloomberg national politics reporter

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Speaker 1: and one of the things that he does so well

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Speaker 1: is really get outside of the Beltway. And he knows

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Speaker 1: this from his nine years spent at the reporting for

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Speaker 1: the Cincinnati Enquirer UH and then previously before that the

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Speaker 1: Acron Beacon Journal. How is this going to play in

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Speaker 1: in Ohio, for example, if there is a down payment,

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Speaker 1: as President elect Joe Biden is calling it, but they're

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Speaker 1: not able in the first one hundred days to get

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Speaker 1: another deal because it's looking likely that Republicans are going

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Speaker 1: to still hold on that majority in the Senate. Yeah,

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Speaker 1: and it's very interesting to hear Joe Biden talk a

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Speaker 1: lot about his first hundred days, is if he will

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Speaker 1: get a first hundred days as we sort of traditionally

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Speaker 1: understand that, you know, this is the yardstick that goes

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Speaker 1: back to Franklin Roosevelt of that that period at the

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Speaker 1: beginning of a presidential term where a president still has

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Speaker 1: a honeymoon and can get some legislation through Congress if

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Speaker 1: Democrats don't have control of the the Senate. And it

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Speaker 1: looks like that's an outpill client for them. At the moment,

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Speaker 1: most of what Joe Biden is gonna be able to

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Speaker 1: get done as president is going to be through executive action.

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Speaker 1: So he's talking about, you know, a hundred days to

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Speaker 1: wear masks, a hundred days to vaccinate people, a hundred days.

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Speaker 1: He wants uh, students back in school, which is a

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Speaker 1: big issue in places like Ohio and all throughout the country.

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Speaker 1: Parents are have been spending the past ten months now

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Speaker 1: with you know, their school aged children learning from home, uh,

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Speaker 1: trying to balance working from home and all the other

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Speaker 1: responsibilities with with their kids at home. And so these

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Speaker 1: are all absolutely uh dinner table issues for people. Uh.

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Speaker 1: And I think for you know, for a lot of people,

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Speaker 1: it's they need that direct aid, they need to pay

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Speaker 1: the mortgage, they need to uh you know, have some

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Speaker 1: forbearance on their loan payments. They need to be able

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Speaker 1: to get through. They need a vaccine ly well yeah,

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Speaker 1: and and kidding aside, I mean, we're gonna talk about

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Speaker 1: the vaccine coming up. And I was telling our executive producer,

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Speaker 1: Christine Barada and our show prep meeting this morning. I

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Speaker 1: was I was talking to her just about how the

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Speaker 1: supply chains and Bloomberg does and has a morning note

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Speaker 1: on supply chains and the vaccine, I mean, and the

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Speaker 1: reporting on that, whether it's the boxes that need to

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Speaker 1: be packaged with dry ice, to the syringes, to the

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Speaker 1: aircraft carriers that are going to be carrying these vaccines.

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Speaker 1: And then I look at my terminal and the main

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Speaker 1: story right now, Gregory Corti, Bloomberg National political reporter Is

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Speaker 1: Biden vows one hundred million doses of vaccine within his

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Speaker 1: first one hundred days. Sub had Oxford AstraZeneca vaccine effective,

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Speaker 1: but questions remain for the elderly cvs Walgreen seek pharmacists

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Speaker 1: on the eve of vaccination, Russ rush Fiser's vaccine effective

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Speaker 1: on transmission still unknown according to the f d A.

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Speaker 1: I mean, it's all about the vaccine. I mean, that's

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Speaker 1: what's really driving, not just in the halls of Congress

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Speaker 1: from a policy standpoint, whether you think this is a

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Speaker 1: down payment or the or the fourth quarter of economic

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Speaker 1: stimulus before the Republican Party starts talking about deficits again,

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Speaker 1: as one Republican source put it to me earlier today,

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Speaker 1: But regardless, everyone is banking that this rollout on the

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Speaker 1: vaccination front. Is going to be effective. I was incredibly

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Speaker 1: struck by the comments that Senator Ben Cardon, Democrat from Maryland,

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Speaker 1: made on this program just yesterday and which he said

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Speaker 1: he's got a working group of Republicans and Democrats who

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Speaker 1: are working together to allow for funding for there to

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Speaker 1: be a mass education push, a pr push for my words,

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Speaker 1: not his UH, to encourage people about the importance of

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Speaker 1: getting this vaccine. Gregory Cordy, I want to thank you

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Speaker 1: so much for making the time for me. My friend,

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Speaker 1: he is, of course, Bloomberg national political reporter. Coming up,

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Speaker 1: we check in with my other colleague, John Author's the

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Speaker 1: John Authors on the economic front, and as we are talking,

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Speaker 1: a red headline flashing across my Bloomberg terminal. Supreme Court

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Speaker 1: rejects bid to nullify Itiden's Pennsylvania win. There we are.

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Speaker 1: I'm Kevin Currelli, Chief Washington correspondent for Bloomberg Television and

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Speaker 1: for Bloomberg Radio. You're listening to Bloomberg ninety nine one.

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Speaker 1: I'm Kevin Curreli, Chief Washington correspondent from Bloomberg Television and

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Speaker 1: from Bloomberg Radio. John Lennon. John Lennon remembered our next

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Speaker 1: guest is a huge fan of John Lennon. John Authors

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Speaker 1: is his name. He is my colleague, senior editor for

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Speaker 1: markets of Bloomberg opinion columnists. John. I this is the

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Speaker 1: anniversary of the passing of of John Lennon. Yeah, the

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Speaker 1: fortieth anniversary. He would have had his eightieth birthday in

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Speaker 1: September and it's forty years since his murder today. Yeah,

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Speaker 1: I mean, what does he mean to you as a

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Speaker 1: as another Englishman in New York called John. I do

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Speaker 1: have the photo of John Lennon wearing wearing his New

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Speaker 1: York T shirts up in my room as we speak.

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Speaker 1: I regards him as probably and there's all kinds of

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Speaker 1: interesting arguments, but who was first among equals in the Beatles?

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Speaker 1: But he is thought the one who has always excited me.

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Speaker 1: And even though I was only what it was for

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Speaker 1: when they broke up being brought up in England at

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Speaker 1: the point when they were so you know, the atmosphere

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Speaker 1: was dripping with the Beatles. You couldn't move for the Beatles. Um. Yeah,

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Speaker 1: it means and it means an immensement. It's very very

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Speaker 1: hard to think of we lost when he but he

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Speaker 1: was taken so young, very sad normally normally I used

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Speaker 1: to live quite close to Strawberry Fields, you know, whether

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Speaker 1: the park for him? Uh, And there would normally be

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Speaker 1: quite a party at this point, people out there with

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Speaker 1: guitars and stuff. I don't think such things would be

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Speaker 1: are allowed at the moment. I'm not going to take

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Speaker 1: it out, but maybe next year. Um, I uh, you know,

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Speaker 1: I always I always have this. This is one of

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Speaker 1: my favorite conversation starters, which is who if you could

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Speaker 1: have if you could go to a concert of any

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Speaker 1: uh passed away uh, musical artists, who would it be?

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Speaker 1: And I can never ever pick, but well, I'm not

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Speaker 1: gonna lie, I'll be honest. For me, it's Frank Sinatra.

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Speaker 1: I really wish that I could go see a Frank

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Speaker 1: Sinatra concert. But number two is John Lennon. Um and

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Speaker 1: I here I am, go ahead, I would see the Beatles.

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Speaker 1: No I respected, I respected immensely. Here I am when

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Speaker 1: I when I woke up this morning and I got

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Speaker 1: my Wall Street jur all and it says Dylan sells

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Speaker 1: a lifetime's worth of songs for a fortune. Little did

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Speaker 1: I know the poetry of the anniversary and how music

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Speaker 1: was driving the day. So John authors you just taught

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Speaker 1: me something as well. Okay, back to work. Stocks rose

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Speaker 1: to a record a stimulus talks tempered concern about tougher

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Speaker 1: restrictions amid a surge in coronavirus cases. The SMP five

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Speaker 1: hundred closed at an all time high after Senate Majority

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Speaker 1: Leader Mitch McConnell suggested setting aside some issues that have

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Speaker 1: been roadblocks to a relief package, a strategic retreat our

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Speaker 1: colleagues on the terminal call ite John aimed at striking

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Speaker 1: a deal. How do the markets reacts to react? It's positively,

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Speaker 1: very act positively to quite a lot of different things

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Speaker 1: at the moment um. I think, broadly speaking, there has

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Speaker 1: been you've got a better grasp of than I have

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Speaker 1: of whether this is justified. There's been a strong underpinning

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Speaker 1: belief that something is going to happen, that that some

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Speaker 1: kind of a deal will will come together for a

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Speaker 1: for a long time. Ah, I'm it's questionable to me

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Speaker 1: that my reading, you know, not being a Washington Reports,

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Speaker 1: and my reading is that Mitch McConnell is forever getting

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Speaker 1: the number further down, and the lower the number, the

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Speaker 1: less happy the market will be with it, because you know,

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Speaker 1: they want that money to get into people's pockets where

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Speaker 1: it will be spent. But plainly this is regarded as

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Speaker 1: as positive and um if you add it into the

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Speaker 1: to the vaccine and to all the growing signs of

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Speaker 1: of a real vintage cyclical pickup coming from China and

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Speaker 1: the countries around China. Yeah, but that it helps explain

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Speaker 1: when all these horrible conditions on a dreadful day we

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Speaker 1: are we have record shop markets. Well, let's let's talk

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Speaker 1: about what's happening across the pond. As they say, with Brexit,

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Speaker 1: I mean it's step to catch us up to speak,

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Speaker 1: because we Americans are so self obsessed with our own

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Speaker 1: political system. You know, I finished, John, I gotta be honest.

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Speaker 1: Last night I finished the last episode of the new

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Speaker 1: season of The Crown, So I feel like I'm my knowledge.

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Speaker 1: I Oh, it's so good. I'm hooked. I'm annoyed. I

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Speaker 1: said they're calling that a season. There was ten episodes.

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Speaker 1: But anyway, what's going on at Brexit quality rather than quantity.

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Speaker 1: I think with The Crown that this season has been

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Speaker 1: sort of my my teenage years. They've been coming from

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Speaker 1: another with brickits. I have to say my position on

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Speaker 1: Brexit has been or on the stage of the Brexit

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Speaker 1: talks has been until now that much what they just

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Speaker 1: mapped out for for the stimulus talks with mcconelin's and Pelosi,

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Speaker 1: that something will happen that that that both sides are

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Speaker 1: harmed by a no deal, so some kind of a

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Speaker 1: deal will get UM box together at the end. I

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Speaker 1: am getting more nervous about that because it really is

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Speaker 1: getting very late in the day now. You know, this

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Speaker 1: needs to be cleared by every country in Europe for

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Speaker 1: a start by New Year's That's not going to be easy. Um.

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Speaker 1: And the other thing is that Boris Johnson appears to

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Speaker 1: be losing control of his party generally. The assumption has

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Speaker 1: been obviously Raisu May was was operating with without an

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Speaker 1: overall majority, which is whitely around into so much trouble.

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Speaker 1: Boris Johnson now has quite a comfortable majority and can't

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Speaker 1: be held captive by individual factions within the party, or

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Speaker 1: so we thought. He's managed to get into so much

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Speaker 1: trouble over coronavirus that it's conceivable you'll get a big

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Speaker 1: enough conservative rebellion to to thwart whatever deal he offers seeks.

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Speaker 1: That that is a new twist that I personally and

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Speaker 1: many other people didn't see coming. But it does make

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Speaker 1: it that much harder to get a deal. So one

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Speaker 1: of the things one of the things that I've learned

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Speaker 1: in my interviews with the legendary John Authors, who of

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Speaker 1: course previously spent twenty nine years at the Financial Time

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Speaker 1: UH and at the Financial Times UH, and of course

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Speaker 1: it's just the dominant, dominant voice in our industry. He

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Speaker 1: was head of the Lex column and chief markets commentator.

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Speaker 1: He's also the author of The Fearful Rise of Markets

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Speaker 1: and many other books. But one of the things I

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Speaker 1: learned is that the markets can sometimes be, as you

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Speaker 1: told me, a clue in terms of upcoming trends. So

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Speaker 1: I look at the news flow from what's going on

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Speaker 1: in bregsit to the incoming administration, to the dates that

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Speaker 1: are scheduled this week, not just from central banks, but

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Speaker 1: also on the vaccination regulatory front, and then oh yeah,

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Speaker 1: fiscal stimulus. What what is really driving the current of

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Speaker 1: the movements of the market that perhaps we're not we're

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Speaker 1: not seeing right now. The most important thing that is

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Speaker 1: getting very little attention for good reason is the other

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Speaker 1: side of the world, China, and also a career in

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Speaker 1: Taiwan that they really are. It's it's not exactly like

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Speaker 1: it was in the heyday in China's any twenty years ago,

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Speaker 1: when they really were taking a lot of manufacturing jobs

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Speaker 1: from the U S. It's a it's a subtler model

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Speaker 1: and it's not as drastic, but they appear now to

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Speaker 1: really be piling on the growth. China looks as though

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Speaker 1: its economy will grow this year despite being the country

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Speaker 1: that first had the the the virus, and that changes

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Speaker 1: a lot of assumptions. If you do have that reliable

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Speaker 1: center of growth coming from somewhere, it means people in

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Speaker 1: markets are much more confidence to to that that things

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Speaker 1: will be all right elsewhere and provides some slack. You

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Speaker 1: could you could call China the buyer of last resorts

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Speaker 1: for the rest of the world. You know, if somebody

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Speaker 1: somewhere is going to be buying the stuff that's Germany

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Speaker 1: and the US make, and we'll be buying the stuff

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Speaker 1: that Latin America deeks out of the ground and so on,

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Speaker 1: and that's that's, I think, is what you could argue.

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Speaker 1: Between that and the vaccine, those are the critical elements

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Speaker 1: that people are getting excited about now in terms of

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Speaker 1: making people feel comfortable beating the market up to the

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Speaker 1: You gotta leave it there, John Authors, this is my

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Speaker 1: favorite holiday song for John Lennon. I told her Rufa

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Speaker 1: on the sound words, I said, you've got to play

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Speaker 1: the song for John Authors. This is the one my

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Speaker 1: parents are playing for me every single holiday season. Thank you, John.

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Speaker 1: I'll catch up with you later. I'm Kevin Sireli. You're

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Speaker 1: listening to John Lennon on Bloomberg and I want Bloomberg.

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Speaker 1: Sound On is brought to you by Portfolio Analyst, powered

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Speaker 1: by Interactive Brokers. Savvy investors use portfolio Analysts to create

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Speaker 1: a consolidated view of their accounts. Sign up for free

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Speaker 1: at portfolio analyst dot com. Live from Our Nation's All

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Speaker 1: Talk here in Washington, d C. Turns to President elect

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Speaker 1: Joe Biden's administration. Historically speaking, the markets that performed better

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Speaker 1: when there is divided government. The biggest pressure for physical

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Speaker 1: stimulus is an off taking cases. Bloomberg sound on the insiders,

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Speaker 1: the influencers, the insiders. Biden has thomised again and again

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Speaker 1: it he will unite the country's state government control elections

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Speaker 1: as in the constitution. I think that we can expect

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Speaker 1: a smooth, thoughtful, methodical transition. This is Bloomberg Sound On

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Speaker 1: with Kevin Shirley on Bloomberg Radio lots to cover a

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Speaker 1: senti majority Leader Mitch McConnell's signals he could step away

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Speaker 1: from liability protections in exchange for dwindling funds to state

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Speaker 1: and local governments. The art of the deal fiscal stimulus

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Speaker 1: front continues, as President elect Joe Biden says in his

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Speaker 1: first one hundred days he is guaranteeing a hundred million

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Speaker 1: vaccines lots to get through and the big story tonight.

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Speaker 1: President elect Joe Biden vowed Tuesday to get one hundred

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Speaker 1: million doses of a coronavirus vaccine distributed to Americans in

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Speaker 1: the first one hundred days of his administration. We've got

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Speaker 1: sound on his call to action for all Americans. Though,

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Speaker 1: to mask up, whatever your politics, your point of view,

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Speaker 1: mask up for one hundred days once we take office,

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Speaker 1: one hundred days to make a difference. It's not a

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Speaker 1: political statement, it's a patriotic act. Meanwhile, regulators expected to

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Speaker 1: make very consequential vaccine announcements sometime in the coming days,

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Speaker 1: and President Trump speaking at what was dubbed a vaccine

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Speaker 1: summit press briefing announced that he was signing an exact

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Speaker 1: canive order that would make the coronavirus vaccine prioritize Americans first.

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Speaker 1: If authorized, tens of millions of vaccine doses will be

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Speaker 1: available this month, then we'll get it distributed very quickly.

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Speaker 1: We have that all said, and hundreds of millions more

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Speaker 1: will quickly follow. Every American who wants the vaccine will

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Speaker 1: be able to get the vaccine. Thawling tensions on Capitol

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Speaker 1: Hill on the fiscal stimulus front, as Senate Majority Leader

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Speaker 1: Mitch McConnell signaled earlier that he is proposing a path

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Speaker 1: forward on COVID relief that would include dropping liability protections

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Speaker 1: but keyword but to do so, Democrats would have to

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Speaker 1: also concede funding for state and local governments from the proposal.

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Speaker 1: I think it's abew shared by literally everybody on both

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Speaker 1: sides of the all. We can't leave without doing a

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Speaker 1: COVID bill and the country needs that. The clock ticking

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Speaker 1: down until lawmakers need to pass the government funding bill

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Speaker 1: by this Friday in order to avert a government shutdown

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Speaker 1: sentiment already, Leader Chuck Schumer warren about the consequences you

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Speaker 1: can't claim to want bipartisanship while actively demanding the Senate

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Speaker 1: except partisan legislation. Bipartisan does not mean Democrats much degree

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Speaker 1: to whatever the Republican leader wants on whatever issue he picks.

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Speaker 1: Amos Snead is executive vice president at at Faro strategic

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Speaker 1: communication firm in d C and the former spokesperson and

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Speaker 1: press secretary to now former House Republican win with Roy Blonde. Brandon.

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Speaker 1: Neil is a Democratic strategist who previously worked in the

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Speaker 1: Obama administration. He is also the former political director for

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Speaker 1: the d n C in two thousand and sixteen, and

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Speaker 1: the former deputy chief of staff and political adviser to

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Speaker 1: Congresswoman Karen Bass and of course, an advisor to Pete

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Speaker 1: Buddha Jags presidential campaign. Amos, I'm really struck that Leader

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Speaker 1: McConnell is backing away from liability protections. Why well, I

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Speaker 1: think if you look at this, Kevin, and by the way,

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Speaker 1: thanks for having us owe to a I think it's

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Speaker 1: interesting if you look at the Bernie Lead letter they

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Speaker 1: came out with the progressive senators, you're just watching more

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Speaker 1: of the Democratic inviting on this. And if you look

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Speaker 1: at it, who are you debating with and what are

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Speaker 1: you offering up for exchange? I think you're right that

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Speaker 1: that's driving the day. But I think it's very interesting

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Speaker 1: to look at what the progressive wing and the Senator

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Speaker 1: is doing right now on this topic. Brandon Neil, he

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Speaker 1: mentioned the progressives, But from your perspective, will giving up

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Speaker 1: liability protections from the McConnell camp, will that be enough

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Speaker 1: to bring enough Democrats on board to pass fiscal stimulus.

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Speaker 1: I mean, I think there's room for compromise, man. I

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Speaker 1: think look at this point with the hundred and eighty

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Speaker 1: seven plus depths, I think that they recognized Commers, recognized

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Speaker 1: they've got to do something of half American people. So

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Speaker 1: I think there is an opportunity for compromise. When I

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Speaker 1: look at my Bloomberg terminal and I see that how

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Speaker 1: the vaccinations are beginning in the United Kingdom. On the

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Speaker 1: U S regulatory front, US regulators gave early indications that

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Speaker 1: they may grant emergency use authorization to Fiser's vaccine, calling

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Speaker 1: the shot highly effective with no safety issues. The news

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Speaker 1: came on a day when the number of infections in

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Speaker 1: the U S is Brandon, you just mentioned top fifteen

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Speaker 1: million from the preview Brandon, the president elect Joe Biden

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Speaker 1: gave earlier today in Wilmington, Delaware, the first one hundred

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Speaker 1: days of his presidency are going to be defined by

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Speaker 1: the rollout of the vaccine. Well, I think it's gonna

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Speaker 1: be defined of the rollout of the vaccine. But also

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Speaker 1: I think it's being defined now in terms of his leadership.

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Speaker 1: He's president elect. He has not been swarting often, but

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Speaker 1: has already put together a plan that speaks to uh

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Speaker 1: wearing masks. It seeks to a plan of vaccination and

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Speaker 1: the plan of opening reopening schools. That is a sign

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Speaker 1: of a leadership, the sign of a plan, and it's

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Speaker 1: much more than we've gotten in the last four years. Amos,

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Speaker 1: how do they? But how do they? So let's say

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Speaker 1: they get the fiscal stimulus deal. I mean, Brandon makes

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Speaker 1: a really good point. Let's say they get the fiscal

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Speaker 1: stimulus deal. But you've worked in the halls of Congress

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Speaker 1: save this. I mean, you know this, Leader McConnell. It typically,

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Speaker 1: in any other situation, when there's a first one hundred

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Speaker 1: days in office, there's a lot of incentence to negotiate.

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Speaker 1: But Leader McConnell, staring down what many Republicans deal are

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Speaker 1: strong chances to to to make significant inroads in two

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Speaker 1: thousand and twenty two, at least in in the House.

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Speaker 1: It's it's a different story in the Senate. But from

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Speaker 1: his perspective, should he be prepping for another round of

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Speaker 1: fiscal stimulus come the president elects first one hundred days

432
00:26:35,960 --> 00:26:38,600
Speaker 1: in office? Yeah, I mean, I think you should be

433
00:26:38,640 --> 00:26:41,199
Speaker 1: preparing for Kevin. But everyone's gonna pay attention to what

434
00:26:41,280 --> 00:26:43,719
Speaker 1: happens in Georgia and what does the Senate look like

435
00:26:43,840 --> 00:26:46,400
Speaker 1: post that? I mean, I think if I'm a messaging

436
00:26:46,440 --> 00:26:49,000
Speaker 1: communications person, so I think of this in terms of moments,

437
00:26:49,119 --> 00:26:51,399
Speaker 1: right like, you have a moment right now for the

438
00:26:51,400 --> 00:26:53,879
Speaker 1: pharmaceutical industry to come up as a hero, and you

439
00:26:53,920 --> 00:26:57,159
Speaker 1: have a moment right now that this incoming administration. It

440
00:26:57,200 --> 00:26:59,680
Speaker 1: will define the first one hundred days. It could define

441
00:26:59,720 --> 00:27:02,320
Speaker 1: the first year. Their response on COVID and how they

442
00:27:02,400 --> 00:27:04,879
Speaker 1: roll out vaccines, whether Team Biden wants it or not,

443
00:27:04,960 --> 00:27:07,600
Speaker 1: will define their first hundred days in this office. So

444
00:27:07,840 --> 00:27:10,120
Speaker 1: and that's what I just find so interesting is that

445
00:27:10,200 --> 00:27:13,200
Speaker 1: from the from the conversation Brandon Neil that President Elect

446
00:27:13,240 --> 00:27:17,760
Speaker 1: Joe Biden gave earlier today. Uh, it's making in the

447
00:27:17,760 --> 00:27:20,920
Speaker 1: first one hundred days, should this vaccine get rolled out effectively,

448
00:27:20,920 --> 00:27:23,800
Speaker 1: as we're all anticipating that it will. It's educating the

449
00:27:23,800 --> 00:27:28,480
Speaker 1: public to accept the vaccine, to deploy the vaccine, providing

450
00:27:28,720 --> 00:27:32,160
Speaker 1: schools the ability to to get their students back into

451
00:27:32,200 --> 00:27:34,399
Speaker 1: the classroom. I mean, that's what I said when I

452
00:27:34,440 --> 00:27:36,879
Speaker 1: when I say it's going to be defined by this vaccine,

453
00:27:37,520 --> 00:27:40,120
Speaker 1: it's really going to be defined by getting Americans back

454
00:27:40,160 --> 00:27:45,480
Speaker 1: to some sense of normalcy after a year of incredible uncertainty.

455
00:27:45,520 --> 00:27:50,080
Speaker 1: Brandon Neil Absolutely, I mean again, it speaks to proven leadership. Yeah,

456
00:27:50,080 --> 00:27:52,760
Speaker 1: we're able to get some type of leadership and some

457
00:27:52,840 --> 00:27:56,040
Speaker 1: type of plan together before he's even sworn in on

458
00:27:56,119 --> 00:27:59,040
Speaker 1: January twenties. Imagine how effective or what the plan will

459
00:27:59,080 --> 00:28:02,000
Speaker 1: be after Jerry January twenties. I mean today, he's even

460
00:28:02,040 --> 00:28:05,240
Speaker 1: gone as far as to announce his healthcare team and

461
00:28:05,359 --> 00:28:08,440
Speaker 1: his new team anonymously, you know, announcing the first generation

462
00:28:08,480 --> 00:28:13,600
Speaker 1: American uh uh uh secretary but Sarah hopefully it will

463
00:28:13,640 --> 00:28:16,680
Speaker 1: be the highest ranking in Mexican, in American the fellow government.

464
00:28:16,880 --> 00:28:20,160
Speaker 1: He's also highlighted some other individuals as well to us. Uh.

465
00:28:20,200 --> 00:28:23,600
Speaker 1: It's picked with phoe Vic Murphy as a surgeon general,

466
00:28:23,720 --> 00:28:28,399
Speaker 1: the nation's doctor Michelle Olinsky, CDC, infectious disease expert. Again,

467
00:28:28,520 --> 00:28:31,440
Speaker 1: our guy Tony Fouchi, someone who we all know, Dr Pauldery,

468
00:28:31,760 --> 00:28:34,680
Speaker 1: uh so, who's no strangers to this. And also Marcella

469
00:28:34,840 --> 00:28:37,639
Speaker 1: Nuna Smith who's going to be the COVID Equity task

470
00:28:37,720 --> 00:28:41,160
Speaker 1: forts advisor and share which I think speaks to some

471
00:28:41,240 --> 00:28:45,440
Speaker 1: of the semi problems we've seen with this whole pandemic

472
00:28:45,720 --> 00:28:48,640
Speaker 1: and how it disproportionally inspects people of color. So I

473
00:28:48,680 --> 00:28:51,920
Speaker 1: think he has wrote out a wonderful plan in terms

474
00:28:51,920 --> 00:28:55,280
Speaker 1: of identifying the right people to help pull up America

475
00:28:55,320 --> 00:28:57,560
Speaker 1: back together on this issue. All right, Coming up next,

476
00:28:57,600 --> 00:28:59,680
Speaker 1: we're going to talk about another one of those ticks

477
00:28:59,720 --> 00:29:04,920
Speaker 1: of tired army General Lloyd Austin, who President Electroal Biden

478
00:29:04,920 --> 00:29:07,720
Speaker 1: has nominated as his defense secretary. That's coming up next.

479
00:29:07,720 --> 00:29:10,960
Speaker 1: Panel stays, I'm Kevin Sereli, Chief Washington correspondent for Bloomberg

480
00:29:11,000 --> 00:29:27,800
Speaker 1: Television and for Bloomberg Radio. You're listening to Bloomberg. You're

481
00:29:27,840 --> 00:29:31,719
Speaker 1: listening to Bloomberg. Sound On with Kevin Surreley on Bloomberg

482
00:29:32,760 --> 00:29:35,120
Speaker 1: and one oh five point seven f m h D two.

483
00:29:35,680 --> 00:29:39,600
Speaker 1: I'm Kevin SERELLI, chief Washington correspondent for Bloomberg Television and

484
00:29:39,720 --> 00:29:44,920
Speaker 1: for Bloomberg Radio. How about the Washington football team? Did

485
00:29:44,960 --> 00:29:48,640
Speaker 1: you see that game? They beat the Steelers? My best

486
00:29:48,680 --> 00:29:51,520
Speaker 1: friend in the world, he's a huge Dealers fan, and

487
00:29:51,520 --> 00:29:55,000
Speaker 1: and I said, I, I didn't you looked worse enough

488
00:29:55,480 --> 00:29:59,720
Speaker 1: than the Philadelphia Eagles. But I'm just gonna leave it there.

489
00:30:00,080 --> 00:30:03,640
Speaker 1: But my panel with me for the hour. We're very grateful.

490
00:30:03,680 --> 00:30:06,560
Speaker 1: Amos need amos. Are you Are you a Washington football

491
00:30:07,000 --> 00:30:10,080
Speaker 1: team fan or no? I don't know because you DC

492
00:30:10,320 --> 00:30:12,240
Speaker 1: is hard. It's hard to figure out because no one's

493
00:30:12,280 --> 00:30:16,760
Speaker 1: from d C that is in this world. Kevin by marriage,

494
00:30:16,760 --> 00:30:19,840
Speaker 1: I'm a Baltimore Ravens fan. My wife is a Ravens fan.

495
00:30:20,160 --> 00:30:22,440
Speaker 1: It sh'll be an Alabama fan on Saturdays. I can

496
00:30:22,440 --> 00:30:25,920
Speaker 1: share for Baltimore. Sundays, I can get down with Baltimore

497
00:30:25,960 --> 00:30:27,680
Speaker 1: when they bring out the old Bay on the fries.

498
00:30:27,760 --> 00:30:32,640
Speaker 1: Brandon Neil, Are you a Washington football team fan? So

499
00:30:32,840 --> 00:30:35,960
Speaker 1: I was saying. My dad is a former retired NFL

500
00:30:36,080 --> 00:30:40,640
Speaker 1: player who played with the Jets, So I'm always team Jets. Okay,

501
00:30:40,680 --> 00:30:42,720
Speaker 1: I mean I I do respect that you always got

502
00:30:42,720 --> 00:30:45,680
Speaker 1: to be loyal to your dad. I respect that Nick

503
00:30:45,760 --> 00:30:49,440
Speaker 1: Serrally was not in the NFL, but we love him.

504
00:30:49,720 --> 00:30:54,120
Speaker 1: We love him anyway. How do I pivot, Christine Barrata?

505
00:30:54,160 --> 00:30:57,040
Speaker 1: How do I get back on track? Okay? President Elect

506
00:30:57,080 --> 00:30:58,960
Speaker 1: Joe Biden, I'm just gonna go with it. President Elect

507
00:30:59,040 --> 00:31:02,360
Speaker 1: Joe Biden said to say he plans to nominate retired

508
00:31:03,040 --> 00:31:07,160
Speaker 1: Army General Lloyd Austin as Defense Secretary, a move that

509
00:31:07,160 --> 00:31:09,200
Speaker 1: would make him the first black leader of the U.

510
00:31:09,400 --> 00:31:14,480
Speaker 1: S military if he can assuage lawmakers concerns about waving

511
00:31:14,520 --> 00:31:20,720
Speaker 1: a restriction designed to preserve civilian control of the Pentagon. Uh.

512
00:31:21,040 --> 00:31:25,200
Speaker 1: Can he do that? Brandon Neils? Yeah, I think he can.

513
00:31:25,440 --> 00:31:28,959
Speaker 1: Why not? We've done it for past secretaries. I mean,

514
00:31:29,800 --> 00:31:32,280
Speaker 1: I think the great thing about General Austen that he

515
00:31:32,320 --> 00:31:35,920
Speaker 1: has forty years of service, Uh, for this country. He

516
00:31:35,960 --> 00:31:38,320
Speaker 1: will be the first black person the lead of Pinagon.

517
00:31:38,480 --> 00:31:41,760
Speaker 1: How exciting breaking barriers? Um, you know this isn't that

518
00:31:41,800 --> 00:31:44,120
Speaker 1: his first time was the fourth star officer who would also,

519
00:31:44,520 --> 00:31:46,720
Speaker 1: you know, just bring something different. So I think it's

520
00:31:46,760 --> 00:31:50,440
Speaker 1: also consistent to with the Biden administration. Uh campaigned on

521
00:31:50,560 --> 00:31:55,120
Speaker 1: and making sure it's the most diverse, diverse uh cabinets

522
00:31:55,280 --> 00:31:58,960
Speaker 1: that we've had in this country's history. So I think

523
00:31:58,960 --> 00:32:00,520
Speaker 1: it's a good thing, and I think said he would

524
00:32:00,560 --> 00:32:04,000
Speaker 1: definitely um goodbye and I'm excited. Do you think he's

525
00:32:04,000 --> 00:32:06,520
Speaker 1: gonna get by ams because I'll be honest, this I

526
00:32:07,040 --> 00:32:10,560
Speaker 1: sent some trouble that uh for for him, especially because

527
00:32:10,560 --> 00:32:14,640
Speaker 1: of this issue regarding the waiver. There could be potential

528
00:32:14,720 --> 00:32:16,719
Speaker 1: trouble with Kevin. But I want to take a step

529
00:32:16,720 --> 00:32:18,800
Speaker 1: back think about how they're rolling these out. I mean,

530
00:32:18,880 --> 00:32:21,440
Speaker 1: I was one of the folks on the sidelines that

531
00:32:21,520 --> 00:32:23,840
Speaker 1: said the Biden campaign didn't have him out there enough

532
00:32:23,880 --> 00:32:26,880
Speaker 1: and they weren't driving the news enough. But it looks

533
00:32:26,920 --> 00:32:29,680
Speaker 1: like from a communication standpoint, they're much better at governing

534
00:32:29,680 --> 00:32:32,920
Speaker 1: than they are campaigning. Because this has all been well poornated,

535
00:32:33,040 --> 00:32:36,480
Speaker 1: each rollout each other too. You can see ally that's

536
00:32:36,840 --> 00:32:39,520
Speaker 1: it's it's really well done. That's Jen Saki. I mean, look,

537
00:32:39,560 --> 00:32:41,120
Speaker 1: I mean there's no way to look at this without

538
00:32:41,480 --> 00:32:45,440
Speaker 1: knowing that Jensaki is really driving the force on this Brandon.

539
00:32:45,480 --> 00:32:49,360
Speaker 1: I mean she's just been, you know, objectively speaking, Republican

540
00:32:49,480 --> 00:32:53,640
Speaker 1: or Democrat, really a strong, strong force, uh, in terms

541
00:32:53,640 --> 00:32:57,680
Speaker 1: of the rollout on this front with Jen Psaki and

542
00:32:57,720 --> 00:33:01,760
Speaker 1: how exciting. Jen Psaki is a friend, uh. She and

543
00:33:01,800 --> 00:33:04,280
Speaker 1: I worked together the first of Mama campaign. We're both

544
00:33:04,320 --> 00:33:08,280
Speaker 1: from the same home state of Connecticut, and I've happy

545
00:33:08,280 --> 00:33:10,840
Speaker 1: to call her a friend, very excited for her. Um.

546
00:33:11,200 --> 00:33:14,440
Speaker 1: Also very excited to another friend Karine Jane Jean Pierre

547
00:33:14,520 --> 00:33:16,960
Speaker 1: who John Pierre excuse me, who's also joining her team

548
00:33:17,240 --> 00:33:20,960
Speaker 1: and then also excited about good friends to Moms Sanders

549
00:33:21,000 --> 00:33:24,240
Speaker 1: as well, in addition to Ashley etching In. So I

550
00:33:24,280 --> 00:33:27,000
Speaker 1: think this is a great rollout and it's exciting that

551
00:33:27,120 --> 00:33:32,720
Speaker 1: she um all female cash leading the way to bring

552
00:33:32,760 --> 00:33:35,720
Speaker 1: it back to to Austin in this nomination. To be

553
00:33:35,800 --> 00:33:38,760
Speaker 1: eligible for the job breeding from the terminal, Austin would

554
00:33:38,800 --> 00:33:41,719
Speaker 1: need a waiver from Congress of a law that bars

555
00:33:41,760 --> 00:33:46,200
Speaker 1: military officers from leading the Defense Department within seven years

556
00:33:46,200 --> 00:33:49,640
Speaker 1: of retiring. The reason, folks, that they have this rule

557
00:33:49,880 --> 00:33:54,440
Speaker 1: is so that the Defense Department doesn't become uh so

558
00:33:54,520 --> 00:33:57,120
Speaker 1: that there's so that there's civilian influence in the in

559
00:33:57,200 --> 00:34:00,360
Speaker 1: the Defense UH department world. And it's a it's a

560
00:34:00,360 --> 00:34:05,080
Speaker 1: well intentioned rule, but as Brandon pointed out, the Trump

561
00:34:05,120 --> 00:34:10,239
Speaker 1: administration was able if someone has something on turn it off,

562
00:34:10,560 --> 00:34:15,880
Speaker 1: thank you. Uh, if the the Trump administration got a waiver,

563
00:34:16,120 --> 00:34:19,120
Speaker 1: and so Austin had retired in two thousand and sixteen.

564
00:34:19,520 --> 00:34:22,600
Speaker 1: But some lawmakers already have said that they don't have

565
00:34:22,719 --> 00:34:25,799
Speaker 1: the move and others express concerned amos. I don't know,

566
00:34:25,960 --> 00:34:28,120
Speaker 1: I don't know. I don't know if Jack Reid is

567
00:34:28,160 --> 00:34:32,240
Speaker 1: going to be able to get enough Republicans on board

568
00:34:32,400 --> 00:34:36,440
Speaker 1: to do this waiver. What doesn't every administration roll out

569
00:34:36,440 --> 00:34:38,640
Speaker 1: one or two secretaries that just don't make it over

570
00:34:38,680 --> 00:34:41,360
Speaker 1: that first hump of the first test in the in

571
00:34:41,400 --> 00:34:44,680
Speaker 1: the first media under the microscript. So maybe this is it.

572
00:34:44,760 --> 00:34:46,040
Speaker 1: I mean, I don't know. I think there's been some

573
00:34:46,120 --> 00:34:48,680
Speaker 1: other ones that have rolled out. And what's been interesting

574
00:34:48,680 --> 00:34:51,600
Speaker 1: to me as a Republican watching this, uh, just the

575
00:34:51,719 --> 00:34:53,920
Speaker 1: factions in the Democratic Party, Like as soon as a

576
00:34:54,440 --> 00:34:57,480
Speaker 1: slate comes out of new nominees, you see the Justice

577
00:34:57,480 --> 00:34:59,480
Speaker 1: Democrats a O. C. S Group, and you see the

578
00:34:59,520 --> 00:35:02,319
Speaker 1: Sunrise Movemental Climate Change come out and start blasting some

579
00:35:02,360 --> 00:35:05,239
Speaker 1: of these potential lists. So, Kevin, maybe this is the

580
00:35:05,239 --> 00:35:08,279
Speaker 1: first one, but I think it's definitely worth watching. So

581
00:35:08,560 --> 00:35:12,000
Speaker 1: and that's what I just don't know is typically an

582
00:35:12,040 --> 00:35:14,920
Speaker 1: Amos I'll come back to you here, And typically Republicans

583
00:35:15,000 --> 00:35:18,680
Speaker 1: or the opposition party would would seek to present a

584
00:35:18,719 --> 00:35:22,000
Speaker 1: significant hurdle for one of the nominations. I can't figure

585
00:35:22,040 --> 00:35:26,000
Speaker 1: out based on the conversations I'm having who that nomination

586
00:35:26,040 --> 00:35:27,719
Speaker 1: pick will be that they block. Who do you think

587
00:35:28,920 --> 00:35:32,040
Speaker 1: I would not Dare make that prediction right now? I

588
00:35:32,080 --> 00:35:35,560
Speaker 1: know what I do think. What's interesting is, you know

589
00:35:35,640 --> 00:35:38,920
Speaker 1: the Biden McConnell relationship, like they're like sneaky quotes and

590
00:35:38,960 --> 00:35:42,400
Speaker 1: what gets through what um And I think if you

591
00:35:42,440 --> 00:35:44,600
Speaker 1: want to go back historically and look at some previous

592
00:35:44,600 --> 00:35:46,719
Speaker 1: nominations and how the Senate voted on some of those,

593
00:35:47,040 --> 00:35:49,759
Speaker 1: maybe some transportation secretaries, and see if any of that

594
00:35:49,800 --> 00:35:53,120
Speaker 1: carries over into today's time. But I'm not Dare taking

595
00:35:53,160 --> 00:35:57,759
Speaker 1: that bait, Kevin, go ahead? Who worries? You know? I

596
00:35:58,040 --> 00:35:59,640
Speaker 1: agree with Amos on this one. I mean, I definitely

597
00:35:59,680 --> 00:36:01,960
Speaker 1: think see what they did there, I have to interrupt.

598
00:36:01,960 --> 00:36:03,640
Speaker 1: See what I did there? I got Amos and Brandon

599
00:36:03,680 --> 00:36:08,319
Speaker 1: to a great go ahead of course, of course, Well

600
00:36:08,360 --> 00:36:12,959
Speaker 1: look I think that you look at UH Senator Harris

601
00:36:13,080 --> 00:36:18,800
Speaker 1: and also Senator UH. President Biden's long history and the Senate.

602
00:36:19,120 --> 00:36:21,200
Speaker 1: They have been in the Senate for a long time,

603
00:36:21,480 --> 00:36:24,240
Speaker 1: and they're good at compromise, they're good at relationship building,

604
00:36:24,239 --> 00:36:26,279
Speaker 1: and I think that they're going to do their due

605
00:36:26,280 --> 00:36:29,239
Speaker 1: deligence and making sure that, you know, politically, everything is

606
00:36:29,239 --> 00:36:31,000
Speaker 1: taken care of, and talking to the right people. So

607
00:36:31,280 --> 00:36:34,279
Speaker 1: I I think that people who got to remember that

608
00:36:34,320 --> 00:36:36,440
Speaker 1: they actually come from the Senate, and I think they

609
00:36:36,440 --> 00:36:38,520
Speaker 1: have more friends and more people that like them to

610
00:36:38,560 --> 00:36:41,920
Speaker 1: people think, well, it's it's it's really really going to

611
00:36:41,960 --> 00:36:44,440
Speaker 1: be fascinating to watch the president of acts work with

612
00:36:44,480 --> 00:36:47,839
Speaker 1: the likely Senate majority leader and that dynamic. And we'll

613
00:36:47,880 --> 00:36:50,200
Speaker 1: talk about that, of course, and not just in this program,

614
00:36:50,200 --> 00:36:53,000
Speaker 1: but also in the weeks and months ahead, because it

615
00:36:53,000 --> 00:37:01,080
Speaker 1: will definitely be the overarching um backdrop scenery that will

616
00:37:02,200 --> 00:37:05,960
Speaker 1: shape Washington d C. I'm Kevin Cirelli, chief Washington correspondent

617
00:37:05,960 --> 00:37:08,120
Speaker 1: for Bloomber TV and Radio. You're listening to Bloomberg nine

618
00:37:08,160 --> 00:37:17,360
Speaker 1: and nine one. Somebody calls you and SI right slowly,

619
00:37:18,080 --> 00:37:48,400
Speaker 1: I can go, George. I'm Kevin Sireli, chief Washington correspondent

620
00:37:48,480 --> 00:37:51,920
Speaker 1: for Bloomberg Television and for Bloomberg Radio. I've been thinking

621
00:37:51,960 --> 00:37:57,440
Speaker 1: a lot about Georgia, as we all have gotten to

622
00:37:57,600 --> 00:38:02,360
Speaker 1: know the upcoming January and off at the history of Georgia,

623
00:38:02,440 --> 00:38:06,359
Speaker 1: the last of the American colonies to be settled, uh

624
00:38:06,560 --> 00:38:10,680
Speaker 1: or the British colonies at the time, back in the

625
00:38:10,760 --> 00:38:16,120
Speaker 1: seventeen hundreds. Uh and and and really of remarkable, remarkable

626
00:38:16,200 --> 00:38:19,400
Speaker 1: history in that particular state. But I'm struck by a

627
00:38:19,480 --> 00:38:23,719
Speaker 1: town called warm Springs in Georgia. And in nineteen forty

628
00:38:23,800 --> 00:38:27,759
Speaker 1: four there was a toddler who was recovering from polio

629
00:38:27,960 --> 00:38:32,560
Speaker 1: in the same town that now former President Franklin Delano

630
00:38:32,800 --> 00:38:38,080
Speaker 1: Roosevelt was also being treated two for for his for

631
00:38:38,200 --> 00:38:41,200
Speaker 1: his polio. That little kid was sent a Majority Leader

632
00:38:41,200 --> 00:38:46,960
Speaker 1: Mitch McConnell. And it's where President elect Joe Biden gave

633
00:38:46,960 --> 00:38:52,360
Speaker 1: a closing argument speech as he sought to evoke f

634
00:38:52,520 --> 00:38:57,839
Speaker 1: DR and evoke the form of unity in terms of

635
00:38:57,880 --> 00:39:03,360
Speaker 1: the spending fiscal stimulus, not just from getting the country

636
00:39:03,440 --> 00:39:07,720
Speaker 1: back on track, but from the type of transformational change

637
00:39:07,800 --> 00:39:13,040
Speaker 1: that can happen at a structural level, uh in that

638
00:39:13,160 --> 00:39:16,120
Speaker 1: type of presidency. And that's what he sought to do.

639
00:39:17,080 --> 00:39:20,560
Speaker 1: And so I say all of this because Senate Majority

640
00:39:20,640 --> 00:39:24,920
Speaker 1: Leader Mitch McConnell and President Elect Joe Biden have a deep,

641
00:39:25,280 --> 00:39:30,520
Speaker 1: deep history, both in overcoming personal grief and also in

642
00:39:30,640 --> 00:39:35,400
Speaker 1: how their childhood's shaped the leaders that they are. Brandon

643
00:39:35,440 --> 00:39:37,920
Speaker 1: Neil is with me, democratic strategist who previously worked in

644
00:39:37,960 --> 00:39:41,040
Speaker 1: the Obama administration and was also a senior advisor to

645
00:39:41,040 --> 00:39:44,400
Speaker 1: Pete Bodha Judges presidential campaign. Amos Sneed also with me.

646
00:39:44,480 --> 00:39:47,799
Speaker 1: He's the executive vice president at at Faraoh and a

647
00:39:47,840 --> 00:39:51,960
Speaker 1: strategic communications firm and d c UH, and he previously

648
00:39:52,000 --> 00:39:57,160
Speaker 1: worked for many Republicans in the House of Representatives. I

649
00:39:57,840 --> 00:40:01,160
Speaker 1: really do think that we can I think it will

650
00:40:01,200 --> 00:40:06,080
Speaker 1: be the subject of books that we cannot underscore just

651
00:40:06,200 --> 00:40:11,440
Speaker 1: how important the dynamic between Leader McConnell and the President

652
00:40:11,520 --> 00:40:16,480
Speaker 1: Biden will be. Brandon Neil, I agree. I think that

653
00:40:16,640 --> 00:40:21,560
Speaker 1: they definitely have a relationship and understanding that we don't

654
00:40:21,680 --> 00:40:23,640
Speaker 1: we don't necessarily see, we don't know about me, And

655
00:40:23,640 --> 00:40:25,919
Speaker 1: they have a brotherhood till to speak for forty years

656
00:40:25,920 --> 00:40:29,759
Speaker 1: of serving together um and and and understanding each other.

657
00:40:29,840 --> 00:40:33,160
Speaker 1: So I think when it comes to UH compromise and

658
00:40:33,200 --> 00:40:35,600
Speaker 1: I think we'll come together. I think we'll see a

659
00:40:35,680 --> 00:40:40,000
Speaker 1: lot more UM unity, UM and extensionally other as. But

660
00:40:40,040 --> 00:40:42,719
Speaker 1: you mentioned Georgia the real quick I've just got to say, uh,

661
00:40:42,760 --> 00:40:46,080
Speaker 1: there's a lot of history there in Georgia. And actually

662
00:40:46,400 --> 00:40:49,920
Speaker 1: the last day, right before we made the announcement that

663
00:40:49,960 --> 00:40:52,759
Speaker 1: Pete was going to end the campaign, we actually had

664
00:40:53,120 --> 00:40:57,359
Speaker 1: breakfast and planes Georgia with former President Jimmy Carter. So

665
00:40:57,640 --> 00:41:00,480
Speaker 1: think Georgia. I think of so many his or and

666
00:41:00,520 --> 00:41:02,640
Speaker 1: some many relevant pieces. But we got to add that

667
00:41:02,719 --> 00:41:05,719
Speaker 1: to a piece of history as well too. It's fascinating,

668
00:41:05,800 --> 00:41:08,239
Speaker 1: it's it's really really fascinating to watch. Okay, I mean

669
00:41:08,280 --> 00:41:10,400
Speaker 1: that's a great little tidbit too. It's time now for

670
00:41:10,480 --> 00:41:12,640
Speaker 1: my favorite part of the program. What is on the

671
00:41:12,640 --> 00:41:15,319
Speaker 1: panel's radar? Amos. I'll come to you second, because I

672
00:41:15,320 --> 00:41:17,200
Speaker 1: know you've got a good one, Brandon. I don't know,

673
00:41:17,239 --> 00:41:19,520
Speaker 1: maybe you maybe maybe Brandon's is better. So maybe I

674
00:41:19,600 --> 00:41:22,120
Speaker 1: just kind of upstaged Brandon. I feel bad now. I

675
00:41:22,160 --> 00:41:25,520
Speaker 1: apologize first apology I've ever issued on air Lumber radio

676
00:41:25,560 --> 00:41:29,480
Speaker 1: sound on Brandon, what's on your radar? Alright, so routing

677
00:41:29,480 --> 00:41:34,320
Speaker 1: out my radar, it's basically running out the cabinets. Cabinet,

678
00:41:34,400 --> 00:41:38,560
Speaker 1: but those cabinet appointees who are under the radar or

679
00:41:38,640 --> 00:41:41,600
Speaker 1: may not be a national name, but the subject matter

680
00:41:41,600 --> 00:41:44,759
Speaker 1: of experts and people UH in the industry loved them.

681
00:41:44,760 --> 00:41:47,520
Speaker 1: I e. Chris lou who was definitely secretary out of

682
00:41:47,520 --> 00:41:51,720
Speaker 1: the Obama administration as Labor and UH as a subject

683
00:41:51,760 --> 00:41:54,279
Speaker 1: matter expert. And also someone like a John Pacari who

684
00:41:54,360 --> 00:41:56,480
Speaker 1: was also definitely secretary who had a chance to work

685
00:41:56,520 --> 00:41:59,600
Speaker 1: with one of the Obama administration UM who act you

686
00:41:59,760 --> 00:42:04,680
Speaker 1: led Maryland dealt and very supported by Labor as well. UH.

687
00:42:04,760 --> 00:42:06,880
Speaker 1: It'll be interesting because I think he would also make

688
00:42:06,920 --> 00:42:10,279
Speaker 1: a great Transportation secretary. So I think with my rin

689
00:42:10,400 --> 00:42:13,280
Speaker 1: r and seeing who on the subject matter of expert

690
00:42:13,360 --> 00:42:16,080
Speaker 1: level will be picked to round out the cabinets. Well,

691
00:42:16,120 --> 00:42:19,640
Speaker 1: what about Wally Adda Yamo as Deputy Treasury Secretary. That's

692
00:42:19,640 --> 00:42:22,360
Speaker 1: a name that we've now frequently talked about on this program.

693
00:42:22,400 --> 00:42:25,720
Speaker 1: But there's someone who is a really big, dynamic force

694
00:42:25,800 --> 00:42:29,200
Speaker 1: that's really going to be incredibly influential in shaping not

695
00:42:29,400 --> 00:42:33,040
Speaker 1: just the domestic portfolio of the Treasury Department, but also

696
00:42:33,480 --> 00:42:38,439
Speaker 1: the international part of the of likely Secretary Yelling's UH

697
00:42:38,520 --> 00:42:43,520
Speaker 1: portfolio for for sanctions, for tariffs, for siphius, for and whatnot.

698
00:42:43,680 --> 00:42:47,239
Speaker 1: Wally Atayamo, having previously led the Obama Foundation in his

699
00:42:47,320 --> 00:42:51,319
Speaker 1: late thirties, a really dynamic force. Oh absolutely, I mean

700
00:42:51,360 --> 00:42:54,400
Speaker 1: he's definitely rounding out the Great Economic Development Team. So

701
00:42:54,440 --> 00:42:57,960
Speaker 1: I think, uh, someone like like like Wally Um and

702
00:42:58,040 --> 00:43:00,640
Speaker 1: going back to the twinings on means you know who

703
00:43:00,680 --> 00:43:03,480
Speaker 1: are under the radar, you know, very similar to h

704
00:43:03,560 --> 00:43:05,960
Speaker 1: to Wally when it may not be a national household

705
00:43:06,040 --> 00:43:08,560
Speaker 1: name yet but people in the email but people in

706
00:43:08,600 --> 00:43:11,279
Speaker 1: the industry really really know us well too. But that's

707
00:43:11,280 --> 00:43:14,840
Speaker 1: a perfect example of someone who I think, um, you

708
00:43:14,880 --> 00:43:16,560
Speaker 1: know that that is are on the same track to

709
00:43:16,600 --> 00:43:20,359
Speaker 1: what the administration is identifying for our listeners. I've said

710
00:43:20,400 --> 00:43:25,560
Speaker 1: it before, learn the name Wally at a MSN what

711
00:43:25,719 --> 00:43:29,160
Speaker 1: or what's on your radar, Kevin, what's always on my

712
00:43:29,239 --> 00:43:32,040
Speaker 1: radar in Washington or just staff and staff moved and

713
00:43:32,080 --> 00:43:34,560
Speaker 1: what staff are going with new administrations? But what is

714
00:43:34,600 --> 00:43:37,279
Speaker 1: on my radar now? And I think we're all going

715
00:43:37,320 --> 00:43:39,759
Speaker 1: to have to look at this for years to come. Schools,

716
00:43:40,000 --> 00:43:41,640
Speaker 1: I mean, if you think about it, the d C,

717
00:43:41,880 --> 00:43:44,759
Speaker 1: New York, Alexander, Virginia public schools are our kids haven't

718
00:43:44,760 --> 00:43:47,759
Speaker 1: been in classes since last March. What does that mean,

719
00:43:47,800 --> 00:43:50,440
Speaker 1: when do we go back, what is the impact and

720
00:43:50,600 --> 00:43:52,719
Speaker 1: how do we address this for years to come? And

721
00:43:52,760 --> 00:43:55,080
Speaker 1: I think from all levels, from elementary to some of

722
00:43:55,080 --> 00:43:58,400
Speaker 1: our our college students. Uh, it's something regardless of Republican

723
00:43:58,480 --> 00:44:00,600
Speaker 1: or Democrat or who's in office, as society in the

724
00:44:00,640 --> 00:44:02,080
Speaker 1: United States, we're gonna have to look at this for

725
00:44:02,160 --> 00:44:05,160
Speaker 1: years to come. Maybe it's because I'm older, but I

726
00:44:05,200 --> 00:44:07,440
Speaker 1: hate to be a pessimist. But do you think that

727
00:44:07,520 --> 00:44:09,840
Speaker 1: the debate I mean, I know you said regardless of

728
00:44:09,840 --> 00:44:13,439
Speaker 1: political party, but typically so many of these debates fall

729
00:44:13,520 --> 00:44:17,279
Speaker 1: along party lines. The solutions that each party has to

730
00:44:17,480 --> 00:44:20,680
Speaker 1: this problem. You know, Republicans are going to say this

731
00:44:20,719 --> 00:44:24,800
Speaker 1: is an opportunity for there to be more access to uh,

732
00:44:25,200 --> 00:44:29,440
Speaker 1: charter schools and whatnot UM and you know that as

733
00:44:29,440 --> 00:44:32,120
Speaker 1: we're seeing right now, Democrats are going to argue for

734
00:44:32,200 --> 00:44:35,680
Speaker 1: more funding for public schools. But do you think there's

735
00:44:35,719 --> 00:44:39,400
Speaker 1: an opportunity to look at how education as a whole,

736
00:44:39,600 --> 00:44:44,440
Speaker 1: structurally just practically speaking, can be modernized in a way

737
00:44:44,480 --> 00:44:47,319
Speaker 1: that it that that is a non part is an

738
00:44:47,320 --> 00:44:49,840
Speaker 1: issue or is that a pipe dream? You know what

739
00:44:49,920 --> 00:44:51,560
Speaker 1: if we did it and we just made sure that

740
00:44:51,680 --> 00:44:54,200
Speaker 1: no child was left behind Kevin. I think it's more

741
00:44:55,000 --> 00:44:58,040
Speaker 1: it's an idea. Go for it. Let's address this federally.

742
00:44:58,120 --> 00:45:03,319
Speaker 1: Let's I even here. I even hear Brandon laughing at that.

743
00:45:03,360 --> 00:45:08,080
Speaker 1: Go ahead again. I brought him together again. Go ahead, Kevin,

744
00:45:09,280 --> 00:45:13,640
Speaker 1: iCal wizard, you bring these people together. I know I try.

745
00:45:13,840 --> 00:45:15,719
Speaker 1: It's like, you know, it's almost like that's what I'm

746
00:45:15,719 --> 00:45:18,520
Speaker 1: gonna I always I've been saying to my friend Tammy

747
00:45:18,520 --> 00:45:20,040
Speaker 1: had dad, who's been on this show a bunch in

748
00:45:20,200 --> 00:45:23,480
Speaker 1: a bunch listen to me several times, uh in in

749
00:45:23,520 --> 00:45:26,200
Speaker 1: the past week or so, and I said, I miss

750
00:45:26,239 --> 00:45:28,080
Speaker 1: having fun. You know, I gotta get people on the

751
00:45:28,120 --> 00:45:30,520
Speaker 1: air who are having fun. It's been such a heavy year,

752
00:45:30,680 --> 00:45:32,160
Speaker 1: you know what I mean, we all need to just

753
00:45:32,480 --> 00:45:35,319
Speaker 1: really embrace that light and just you know, I'm not

754
00:45:35,360 --> 00:45:37,680
Speaker 1: on the cereally soapbox or anything, but look, my Eagles

755
00:45:37,719 --> 00:45:40,680
Speaker 1: are in the toilet and jail. We got a backup

756
00:45:40,760 --> 00:45:44,200
Speaker 1: quarterback that I'm suddenly passionate about starting this Sunday, So

757
00:45:44,280 --> 00:45:46,439
Speaker 1: I gotta I gotta lighten it up. You know what's

758
00:45:46,480 --> 00:45:50,840
Speaker 1: on my radar, speaking speaking of of things that that

759
00:45:50,960 --> 00:45:55,920
Speaker 1: again are are again sad. But Chuck Yeager test pilot

760
00:45:55,960 --> 00:45:59,960
Speaker 1: who broke the sound barrier passed away at nineties seven.

761
00:46:00,160 --> 00:46:04,319
Speaker 1: This was a World War Two Uh. He has a

762
00:46:04,360 --> 00:46:06,560
Speaker 1: retired Air Force I'm gonna read from the Associated Press

763
00:46:06,560 --> 00:46:08,640
Speaker 1: because it's a it's a remarkable obituary, and he is

764
00:46:08,920 --> 00:46:13,480
Speaker 1: a remarkable, true American patriot. Retired Air Force General Charles

765
00:46:13,560 --> 00:46:16,600
Speaker 1: Chuck Yeager, the World War Two fighter pilot, ACE and

766
00:46:16,680 --> 00:46:20,800
Speaker 1: quintessential test pilot who showed he had the right stuff

767
00:46:21,040 --> 00:46:24,480
Speaker 1: when in ninety seven he became the first person to

768
00:46:24,560 --> 00:46:28,200
Speaker 1: fly faster than sound has died. He was ninety seven.

769
00:46:28,239 --> 00:46:32,880
Speaker 1: Yeager died Monday, and his wife has said via Twitter, um,

770
00:46:32,920 --> 00:46:34,560
Speaker 1: you know, I love this quote from him that one

771
00:46:34,600 --> 00:46:38,279
Speaker 1: of my friends posted where else but on on the

772
00:46:38,320 --> 00:46:41,680
Speaker 1: I g uh and he's this was the quote. You

773
00:46:41,760 --> 00:46:44,160
Speaker 1: do what you can for as long as you can,

774
00:46:44,719 --> 00:46:47,799
Speaker 1: and when you finally can't, you do the next best thing.

775
00:46:48,280 --> 00:46:53,000
Speaker 1: You back up, but you don't give up. Really a truly, truly, remarkable,

776
00:46:53,040 --> 00:46:55,319
Speaker 1: remarkable American. I know I have to let both of

777
00:46:55,320 --> 00:46:57,440
Speaker 1: you go. You've been so generous with your time. So

778
00:46:57,520 --> 00:47:02,520
Speaker 1: thank you, Brandon Neil, thank you to Amos for uh

779
00:47:02,880 --> 00:47:05,480
Speaker 1: doing this. I appreciate it. Coming up next, we head

780
00:47:05,520 --> 00:47:08,480
Speaker 1: on to Pennsylvania, my home state, not to talk football,

781
00:47:08,719 --> 00:47:11,400
Speaker 1: but to talk about what's been going on with regards

782
00:47:11,480 --> 00:47:17,160
Speaker 1: to the election. Election. I'm Kevin Surley. You're listening to

783
00:47:17,200 --> 00:47:29,799
Speaker 1: Bloomberg nine and one. Canna be done. This is Bloomberg

784
00:47:30,000 --> 00:47:34,640
Speaker 1: Sound On with Kevin Shirley on Bloomberg and one oh

785
00:47:34,760 --> 00:47:38,719
Speaker 1: five point seven f m h D two. Breaking news.

786
00:47:38,760 --> 00:47:44,600
Speaker 1: Supreme Court rejecting a bid to nullify the results of

787
00:47:44,640 --> 00:47:49,600
Speaker 1: the Pennsylvania election. My colleague Greg Store, Bloomberg Supreme Court reporter,

788
00:47:49,760 --> 00:47:53,520
Speaker 1: is all over the story. Watch us broke Gregory Store, Well,

789
00:47:53,560 --> 00:47:57,239
Speaker 1: as you said, the Supreme Court rejected a bid by

790
00:47:57,440 --> 00:48:02,920
Speaker 1: Republican allies of Donald Trump to toss out Pennsylvania's certification

791
00:48:02,960 --> 00:48:06,440
Speaker 1: of its election results for Joe Biden. It is the

792
00:48:06,520 --> 00:48:09,719
Speaker 1: first time the Supreme Court as a full court has

793
00:48:09,880 --> 00:48:13,560
Speaker 1: acted after the election on any of the challenges to

794
00:48:13,680 --> 00:48:17,239
Speaker 1: Biden's victory. UH. One sentence order, But the Court said

795
00:48:17,239 --> 00:48:19,600
Speaker 1: an awful lot with that one sentence. I'm reading your

796
00:48:19,600 --> 00:48:22,000
Speaker 1: report on the Bloomberg terminal. You must have literally just

797
00:48:22,080 --> 00:48:25,319
Speaker 1: filed it and called in, so I very much appreciate you. UH.

798
00:48:25,360 --> 00:48:27,880
Speaker 1: It's truly making the time for me. This U s

799
00:48:27,880 --> 00:48:30,640
Speaker 1: Supreme Court dealt a sharp blow to President Donald Trump's

800
00:48:30,640 --> 00:48:34,359
Speaker 1: effort to overturn the election results, rejecting a request by

801
00:48:34,360 --> 00:48:38,040
Speaker 1: some of his Republican allies to nullify President elect Joe

802
00:48:38,040 --> 00:48:42,560
Speaker 1: Biden's victory in Pennsylvania. The rebuff came without explanation and

803
00:48:42,640 --> 00:48:45,480
Speaker 1: with no noted dissents. That's the part I want to

804
00:48:45,520 --> 00:48:49,720
Speaker 1: focus on. No noted dissents. So did they all agree?

805
00:48:49,960 --> 00:48:53,960
Speaker 1: Was this unanimous? Well, we can't say it's unanimous, because

806
00:48:54,120 --> 00:48:57,760
Speaker 1: it's always possible a justice dissented privately wanted to grant

807
00:48:57,760 --> 00:48:59,799
Speaker 1: a request and just chose not to make his or

808
00:48:59,800 --> 00:49:02,799
Speaker 1: herd a sent public. So we don't know that for sure,

809
00:49:03,120 --> 00:49:06,120
Speaker 1: but it is certainly significant that nobody wanted to make

810
00:49:06,120 --> 00:49:09,480
Speaker 1: it public. It uh sends a much clearer message this

811
00:49:09,480 --> 00:49:14,520
Speaker 1: way without anybody saying that they would have intervened. Uh

812
00:49:14,560 --> 00:49:18,440
Speaker 1: and UH, you know they're obviously Donald Trump has been

813
00:49:19,040 --> 00:49:22,359
Speaker 1: banking on the Supreme Court, which has three Trump appointees,

814
00:49:22,400 --> 00:49:25,719
Speaker 1: to uh to shift the election for him, and none

815
00:49:25,760 --> 00:49:28,080
Speaker 1: of them chose to speak up. So there were So

816
00:49:28,200 --> 00:49:31,040
Speaker 1: there have been I think thirty eight plus cases that

817
00:49:31,160 --> 00:49:33,840
Speaker 1: the guests thirty nine now cases that have been tossed

818
00:49:33,840 --> 00:49:36,839
Speaker 1: out by various courts across the country. But for this

819
00:49:37,320 --> 00:49:41,359
Speaker 1: the Supreme Court remind us of what this case was,

820
00:49:41,880 --> 00:49:47,239
Speaker 1: because it really was the they wanted. The Republicans were

821
00:49:47,320 --> 00:49:51,279
Speaker 1: arguing that that the state had exceeded their power by

822
00:49:51,280 --> 00:49:55,040
Speaker 1: allowing universal mail in voting for the election. But what

823
00:49:55,120 --> 00:49:59,000
Speaker 1: was what was the president's campaign arguing for Pennsylvania. So

824
00:49:59,040 --> 00:50:01,840
Speaker 1: the president's camp Paine was not involved in this particular

825
00:50:01,840 --> 00:50:07,200
Speaker 1: case public publicly exactly exactly. They're making very similar arguments

826
00:50:07,200 --> 00:50:11,279
Speaker 1: in other courts, but this particular one was Republican lawmakers,

827
00:50:11,320 --> 00:50:16,200
Speaker 1: including US Representative Mike Kelly, we're pressing this argument, and

828
00:50:16,680 --> 00:50:19,279
Speaker 1: they made it up to the Pennsylvania Supreme Court, and

829
00:50:19,280 --> 00:50:22,799
Speaker 1: the Pennsylvania Supreme Court said, that's ridiculous. You waited way

830
00:50:22,840 --> 00:50:25,560
Speaker 1: too long to file this suit. And uh, you know,

831
00:50:25,600 --> 00:50:27,920
Speaker 1: you're you're seeking something extraordinary for us. You're asking us

832
00:50:27,920 --> 00:50:31,359
Speaker 1: to throw out this entire election. Uh, you know all

833
00:50:31,360 --> 00:50:35,400
Speaker 1: these seven million Pennsylvanians who voted. Um. And then the

834
00:50:35,400 --> 00:50:39,359
Speaker 1: Republicans turned to the U. S. Supreme Court asking them

835
00:50:39,400 --> 00:50:46,600
Speaker 1: to intervene, and um, they actually just as a tangent here,

836
00:50:47,320 --> 00:50:51,120
Speaker 1: the Republicans actually messed up Originally they went to the

837
00:50:51,160 --> 00:50:53,640
Speaker 1: Supreme Court before they went to the Pennsylvania Supreme Court,

838
00:50:53,800 --> 00:50:55,319
Speaker 1: and the Supreme Court said, now you got to go

839
00:50:55,320 --> 00:50:58,080
Speaker 1: to the Pennsylvania Supreme Court first. Now that they've done that,

840
00:50:58,160 --> 00:51:00,239
Speaker 1: the U. S. Supreme Court has rejected them as well.

841
00:51:00,400 --> 00:51:02,560
Speaker 1: I want to rip up the script because it's the

842
00:51:02,560 --> 00:51:09,240
Speaker 1: eve of my friend, my mentor here Bloomberg's birthday. His birthday,

843
00:51:09,280 --> 00:51:12,360
Speaker 1: Tom Kane's birthday is tomorrow. Uh. And I want to

844
00:51:12,440 --> 00:51:14,360
Speaker 1: rip up the script because that's what he always says

845
00:51:14,360 --> 00:51:18,279
Speaker 1: to do. You know, I see all these cases. Let's

846
00:51:18,320 --> 00:51:20,520
Speaker 1: but let's cut to the chase. Because because the bottom

847
00:51:20,520 --> 00:51:26,000
Speaker 1: line is the Supreme Court, with justices whom President Trump

848
00:51:26,320 --> 00:51:32,120
Speaker 1: appointed got confirmed, they didn't want to have the any

849
00:51:32,239 --> 00:51:37,440
Speaker 1: public descents and they didn't offer an explanation. Flash forward

850
00:51:37,480 --> 00:51:41,520
Speaker 1: ten twenty thirty years from now when this is just

851
00:51:41,719 --> 00:51:45,879
Speaker 1: a footnote in history, this particular case. But it will

852
00:51:45,920 --> 00:51:49,480
Speaker 1: be a footnote in history in part because there's not

853
00:51:49,760 --> 00:51:54,239
Speaker 1: any narrative that comes from this particular case. Talk about

854
00:51:54,320 --> 00:51:57,319
Speaker 1: this in a historical prism. Well, you know, one day

855
00:51:57,360 --> 00:52:00,839
Speaker 1: I think about is like Brown versus Board of Education. Uh.

856
00:52:00,880 --> 00:52:03,359
Speaker 1: That was a unanimous decision and it had a lot

857
00:52:03,400 --> 00:52:07,320
Speaker 1: more weight because it was unanimous. Um. In this context,

858
00:52:07,360 --> 00:52:09,400
Speaker 1: of course, we can't say it was unanimous as we

859
00:52:09,400 --> 00:52:13,200
Speaker 1: were discussing earlier. But had you had one or two

860
00:52:13,280 --> 00:52:16,720
Speaker 1: or three justices say, hey, we actually would have agreed

861
00:52:16,760 --> 00:52:19,719
Speaker 1: with the Republicans and we would have tossed out the

862
00:52:20,040 --> 00:52:23,920
Speaker 1: Pennsylvania results or at least considered doing so. Uh, then

863
00:52:23,960 --> 00:52:28,360
Speaker 1: that would have, uh, you know, left a taste that

864
00:52:28,400 --> 00:52:31,920
Speaker 1: it was really a disputed issue. At this point, it

865
00:52:31,960 --> 00:52:34,640
Speaker 1: doesn't seem like there's any dispute here. Uh, Joe Biden

866
00:52:34,680 --> 00:52:37,439
Speaker 1: has won the election. The Republicans in this case did

867
00:52:37,440 --> 00:52:40,480
Speaker 1: not have any claims that the Supreme Court deemed worthy

868
00:52:40,560 --> 00:52:44,640
Speaker 1: of of saying they agreed with uh none, none of

869
00:52:44,640 --> 00:52:49,279
Speaker 1: the justices. And it sends a pretty clear message. It

870
00:52:49,360 --> 00:52:51,759
Speaker 1: sends what does it do for the institution as a

871
00:52:51,800 --> 00:52:55,480
Speaker 1: whole of the Supreme Court? Because it months ago you

872
00:52:55,520 --> 00:52:57,680
Speaker 1: were on this program with me and we were talking

873
00:52:57,719 --> 00:53:00,440
Speaker 1: about all this is, you know, everyone, not just us,

874
00:53:00,480 --> 00:53:02,000
Speaker 1: but you know that this is going to be a

875
00:53:02,040 --> 00:53:04,680
Speaker 1: massive test for the institution of the Supreme Court and whatnot.

876
00:53:04,840 --> 00:53:07,759
Speaker 1: But here we are in December, a couple more weeks

877
00:53:07,840 --> 00:53:10,799
Speaker 1: left in the year, and the Supreme Court has not

878
00:53:10,960 --> 00:53:14,920
Speaker 1: been that politicized in a way that we had all

879
00:53:15,400 --> 00:53:20,200
Speaker 1: predicted it could happen. Akin to the two thousand election,

880
00:53:20,239 --> 00:53:23,520
Speaker 1: for example. Absolutely, you know, Donald Trump spent a lot

881
00:53:23,560 --> 00:53:26,759
Speaker 1: of times saying that that his Supreme Court justices and

882
00:53:26,840 --> 00:53:30,120
Speaker 1: the Court as a whole, we're going to resolve this

883
00:53:30,200 --> 00:53:33,439
Speaker 1: election in his favor. Uh, that is something I can't

884
00:53:33,440 --> 00:53:36,359
Speaker 1: imagine any of the justices wanted to hear, even since

885
00:53:36,400 --> 00:53:40,560
Speaker 1: the most conservative of them wanted to hear, because they

886
00:53:40,640 --> 00:53:42,600
Speaker 1: thinking themselves as people who were on the law, not

887
00:53:42,800 --> 00:53:46,400
Speaker 1: in terms of politics. Um, they were helped. Let's be

888
00:53:46,520 --> 00:53:48,560
Speaker 1: let's let's be fair here, though, that the Supreme Court

889
00:53:48,600 --> 00:53:50,880
Speaker 1: justices were helped by the fact that this was not

890
00:53:50,960 --> 00:53:54,040
Speaker 1: an especially close election. Even if they had overturned the

891
00:53:54,040 --> 00:53:58,080
Speaker 1: pencil Pennsylvania results in this case, imagine that, um, Donald

892
00:53:58,080 --> 00:54:00,640
Speaker 1: Trump is still too states short of cool winning the

893
00:54:00,680 --> 00:54:04,160
Speaker 1: presidential election. It's not like the Supreme Court was actually

894
00:54:04,160 --> 00:54:06,799
Speaker 1: going to do anything. If we had had a situation

895
00:54:06,840 --> 00:54:09,440
Speaker 1: like what we had in two thousand, a much closer election,

896
00:54:10,000 --> 00:54:12,799
Speaker 1: a discrete legal issue that people might in good faith

897
00:54:12,880 --> 00:54:15,359
Speaker 1: might have disagreed on, then it might well have been

898
00:54:15,400 --> 00:54:19,160
Speaker 1: a very different situation. But here UH, no justice was

899
00:54:19,200 --> 00:54:23,120
Speaker 1: willing to go so far on the limbs as Donald

900
00:54:23,120 --> 00:54:26,240
Speaker 1: Trump and his allies are doing breaking news red headline

901
00:54:26,280 --> 00:54:29,520
Speaker 1: crossing the Bloomberg terminal. Treasury Secretary Stephen Manusian says he

902
00:54:29,560 --> 00:54:32,719
Speaker 1: has presented Speaker Pelosi with a nine hundred and sixteen

903
00:54:32,760 --> 00:54:37,839
Speaker 1: billion dollar fiscal aid proposal. Again, Secretary Manusian tweeting out

904
00:54:37,840 --> 00:54:41,160
Speaker 1: that he has presented Speaker Pelosi with a nine hundred

905
00:54:41,200 --> 00:54:46,920
Speaker 1: and sixteen billion dollar fiscal aid proposal that would appear

906
00:54:48,040 --> 00:54:51,560
Speaker 1: that the proposal has six hundred dollar checks per adult

907
00:54:51,640 --> 00:54:56,440
Speaker 1: and child. According to House Minority Leader Kevin McCarthy. Again,

908
00:54:56,480 --> 00:55:00,160
Speaker 1: the proposal has six hundred dollar checks for adult and

909
00:55:00,320 --> 00:55:03,880
Speaker 1: child and terms of those stimulus checks. So we're carefully

910
00:55:03,920 --> 00:55:08,239
Speaker 1: monitoring that story. But uh, Treasury Secretary monution has presented

911
00:55:08,280 --> 00:55:11,879
Speaker 1: a nine hundred and sixteen billion dollar fiscal stimulus plan

912
00:55:12,080 --> 00:55:16,800
Speaker 1: to UH Speaker Pelosi, a significant, significant step in terms

913
00:55:16,800 --> 00:55:20,319
Speaker 1: of these ongoing negotiations. I got one more question for

914
00:55:20,360 --> 00:55:24,040
Speaker 1: you and one more minute. Greg a Store, Bloomberg Supreme

915
00:55:24,040 --> 00:55:27,680
Speaker 1: Court reporter. I really just want to get your your

916
00:55:27,960 --> 00:55:29,759
Speaker 1: to pick your brain. I wish I had more time

917
00:55:29,920 --> 00:55:34,200
Speaker 1: on the legal and Supreme potential for Supreme Court cases

918
00:55:34,239 --> 00:55:38,279
Speaker 1: around vaccinations and the legalities of those issues. Is there

919
00:55:38,280 --> 00:55:41,200
Speaker 1: any prediction that certain some some of these cases could

920
00:55:41,239 --> 00:55:44,440
Speaker 1: end up in the Supreme Court? Um, you know, I

921
00:55:44,760 --> 00:55:46,920
Speaker 1: haven't had a chance to think too much about that, Kevin.

922
00:55:47,000 --> 00:55:50,520
Speaker 1: I would say, in this litigious country, with as controversial

923
00:55:50,600 --> 00:55:56,359
Speaker 1: as uh COVID steps and vaccination have been, I think

924
00:55:56,360 --> 00:55:59,600
Speaker 1: there's a very good likelihood. It's hard to imagine exactly

925
00:55:59,640 --> 00:56:03,640
Speaker 1: what they I think he could be the certificates and

926
00:56:03,680 --> 00:56:07,840
Speaker 1: the process of of of presenting an access to do

927
00:56:07,960 --> 00:56:11,480
Speaker 1: things based upon proving that you have had a vaccine.

928
00:56:11,520 --> 00:56:14,120
Speaker 1: I think that's where the legality and the judicial front

929
00:56:14,200 --> 00:56:15,960
Speaker 1: is going to be very interesting. And then I will

930
00:56:16,280 --> 00:56:18,920
Speaker 1: I be my colleague Greg Store to find out what

931
00:56:19,120 --> 00:56:22,880
Speaker 1: is going on. Greg. Thank you very much for for

932
00:56:23,040 --> 00:56:24,799
Speaker 1: taking the time. Truly. I know it's been a very

933
00:56:24,800 --> 00:56:27,640
Speaker 1: busy last hour for you, so I appreciate the time

934
00:56:27,800 --> 00:56:29,680
Speaker 1: that does it for me. Thank you for listening. My

935
00:56:29,760 --> 00:56:32,239
Speaker 1: name is Kevin Cirelli. I'm the chief Washington correspondent for

936
00:56:32,320 --> 00:56:36,719
Speaker 1: Bloomberg Television and for Bloomberg Radio, and you're listening to Bloomberg.

937
00:56:41,560 --> 00:56:54,680
Speaker 1: Jeesus futu