1 00:00:01,680 --> 00:00:06,200 Speaker 1: Now from our nation's capital. This is Bloomberg Sound on. 2 00:00:07,040 --> 00:00:10,760 Speaker 1: There's been a tremendous economics flode down in China. Members 3 00:00:10,840 --> 00:00:16,040 Speaker 1: of Congress visiting Taiwan is entirely in line with our one, 4 00:00:16,640 --> 00:00:21,520 Speaker 1: our long standing one China policy. Bloomberg Sound on, Politics, 5 00:00:21,640 --> 00:00:25,720 Speaker 1: Policy and perspective from DC's top names. The Department of 6 00:00:25,760 --> 00:00:32,320 Speaker 1: Justice has complete complete independence. You can't when you're county, 7 00:00:32,560 --> 00:00:38,000 Speaker 1: You're can't win Pennsylvania Bloomberg Sound On with Joe Matthew 8 00:00:38,400 --> 00:00:42,880 Speaker 1: on Bloomberg Radio. Well, I've got a number of updates 9 00:00:42,920 --> 00:00:47,599 Speaker 1: for you regarding the legal pressure rising around former President 10 00:00:47,680 --> 00:00:53,240 Speaker 1: Donald Trump. Is a few stories crossing today, big news 11 00:00:53,320 --> 00:00:57,120 Speaker 1: for Rudy Giuliani, Senator Lindsay Graham. But this just crossed 12 00:00:57,320 --> 00:01:01,440 Speaker 1: the Bloomberg terminal right before we started this show. The 13 00:01:01,600 --> 00:01:05,880 Speaker 1: Justice Department opposes the release of the affidavit in the 14 00:01:06,040 --> 00:01:09,280 Speaker 1: Trump search, in the search of the mara A Lago, 15 00:01:10,280 --> 00:01:14,600 Speaker 1: a state down in Florida that has significant implications, as 16 00:01:14,640 --> 00:01:17,800 Speaker 1: we see, not only media but obviously lawmakers want information 17 00:01:17,840 --> 00:01:20,480 Speaker 1: on what was found, what were what they were searching for, 18 00:01:20,920 --> 00:01:24,000 Speaker 1: uh and everything that happened at mara A Lago. On 19 00:01:24,040 --> 00:01:27,720 Speaker 1: the show, I'm Jack Fitzpatrick standing in today for Joe Matthew. 20 00:01:27,720 --> 00:01:30,920 Speaker 1: We're gonna have Congressman Raja Christian Chrishna Morthy come on 21 00:01:31,040 --> 00:01:33,040 Speaker 1: and talk to us. He's a member of the Intelligence 22 00:01:33,080 --> 00:01:37,080 Speaker 1: Committee in the House. Very key person in these conversations. 23 00:01:37,319 --> 00:01:40,840 Speaker 1: John Barrett, Law, professor from St. John's University, is going 24 00:01:40,880 --> 00:01:43,959 Speaker 1: to help us sift through the legal implications of everything 25 00:01:43,959 --> 00:01:45,920 Speaker 1: in the news today. And of course we've got Bloomberg 26 00:01:45,920 --> 00:01:49,520 Speaker 1: Politics contributors Rick Davis and Genie she and Zano. Big 27 00:01:49,520 --> 00:01:51,800 Speaker 1: news day, We've got a case of the Mondays if 28 00:01:51,840 --> 00:01:55,080 Speaker 1: that means a ton of news. Uh, First we have 29 00:01:55,240 --> 00:01:58,920 Speaker 1: to get to this headline on the Bloomberg terminal that 30 00:01:59,120 --> 00:02:02,920 Speaker 1: the just Just Department opposes the release of the affidavit 31 00:02:03,000 --> 00:02:07,040 Speaker 1: in the search of Mara Lago. Let's go to our 32 00:02:07,080 --> 00:02:10,880 Speaker 1: Bloomberg Politics contributors Rick Davis and Jennie she and Zano 33 00:02:11,000 --> 00:02:14,400 Speaker 1: to start the show. Uh, guys, I'm curious what your 34 00:02:14,400 --> 00:02:18,680 Speaker 1: initial reaction is, Rick, Do we know yet why oppose it? 35 00:02:18,760 --> 00:02:21,160 Speaker 1: This was something Uh that there's a request from the 36 00:02:21,200 --> 00:02:25,160 Speaker 1: media to get more information about this. What do we 37 00:02:25,240 --> 00:02:28,600 Speaker 1: know now about why the Justice Department would oppose the 38 00:02:28,680 --> 00:02:31,959 Speaker 1: release of that affidavit. Well, I think the information that's 39 00:02:31,960 --> 00:02:36,959 Speaker 1: incorporated in the affidavit is uh much more to um 40 00:02:37,040 --> 00:02:41,640 Speaker 1: what is uh the sources of the investigation. Uh, you 41 00:02:41,680 --> 00:02:44,560 Speaker 1: could extrapolate pretty easily as to who they're talking to 42 00:02:44,680 --> 00:02:47,760 Speaker 1: and what they're uh saying, and and and and as 43 00:02:47,760 --> 00:02:49,720 Speaker 1: we know, for instance, you know, one of the things 44 00:02:49,720 --> 00:02:53,560 Speaker 1: that have been speculated within Trump organization it self is, 45 00:02:53,800 --> 00:02:56,280 Speaker 1: you know, do we have a mole? Who's the mole 46 00:02:56,320 --> 00:02:58,760 Speaker 1: who's been telling them what's going on inside of mar Lago? 47 00:02:59,440 --> 00:03:02,840 Speaker 1: And so there there might be information incorporated in those 48 00:03:02,880 --> 00:03:06,760 Speaker 1: documents that would lead the Trump people to to to 49 00:03:07,080 --> 00:03:11,639 Speaker 1: maybe potentially identify someone who they worry is cooperating with 50 00:03:11,680 --> 00:03:15,600 Speaker 1: the authorities. UM. And it also pretends to the larger investigation. 51 00:03:15,600 --> 00:03:17,799 Speaker 1: I mean right now, we don't know actually if there 52 00:03:17,960 --> 00:03:21,800 Speaker 1: is a potential charge against the present maybe that the 53 00:03:21,880 --> 00:03:25,359 Speaker 1: d o J was satisfied to get the documents back 54 00:03:25,400 --> 00:03:28,520 Speaker 1: and underlock and key by the federal government, but it 55 00:03:28,600 --> 00:03:30,760 Speaker 1: may be that this is part of a larger investigation 56 00:03:30,840 --> 00:03:34,320 Speaker 1: and other issues. The affidavit may actually indicate that, which 57 00:03:34,320 --> 00:03:38,680 Speaker 1: would then uh to potentially uh impact the investigation itself. 58 00:03:39,200 --> 00:03:42,960 Speaker 1: So Jennie, I Walk us through here. Uh as Rick 59 00:03:43,080 --> 00:03:46,320 Speaker 1: just touched on the possibility that this may speak to 60 00:03:46,440 --> 00:03:50,080 Speaker 1: the breadth of the investigation. What we had heard about 61 00:03:50,160 --> 00:03:53,480 Speaker 1: the Mara Lago raid was that this was part of 62 00:03:53,520 --> 00:03:57,400 Speaker 1: an attempt to find possible violations of the Espionage Act, 63 00:03:57,480 --> 00:04:01,680 Speaker 1: among other allegations. Uh you had heard according to the 64 00:04:01,680 --> 00:04:03,880 Speaker 1: documents that came out, some of some of those documents 65 00:04:03,920 --> 00:04:06,480 Speaker 1: were marked with the highest level of secrecy, the Top 66 00:04:06,520 --> 00:04:14,120 Speaker 1: Secret Sensitive Compartmented Information classification. If they are concerned about 67 00:04:14,720 --> 00:04:18,400 Speaker 1: UM showing their hand the Justice Department, what does this 68 00:04:18,480 --> 00:04:21,000 Speaker 1: tell us about the breadth of the investigation that they 69 00:04:21,000 --> 00:04:24,479 Speaker 1: are continuing, Jennie, You know, I don't think it's a 70 00:04:24,560 --> 00:04:30,280 Speaker 1: surprise that the Department opposes releasing this AFFID David. You know, 71 00:04:30,640 --> 00:04:33,400 Speaker 1: the release of the search warrant and the receipt, those 72 00:04:33,400 --> 00:04:36,960 Speaker 1: were things that Donald Trump and his lawyers had access to, 73 00:04:37,600 --> 00:04:40,600 Speaker 1: and they do give us important information, as we saw 74 00:04:40,720 --> 00:04:45,360 Speaker 1: late last week. But to unread, unleashed, or release rather 75 00:04:45,880 --> 00:04:48,599 Speaker 1: the AFFID David that accompanied it, these were things that 76 00:04:48,640 --> 00:04:51,760 Speaker 1: Trump and his lawyers do not have access to, and 77 00:04:51,880 --> 00:04:55,039 Speaker 1: they would be highly unusual for a federal judge to 78 00:04:55,080 --> 00:04:58,560 Speaker 1: sign off on something like that because it would show 79 00:04:58,640 --> 00:05:03,880 Speaker 1: us information that that may reveal things like sources, It 80 00:05:03,920 --> 00:05:08,679 Speaker 1: may reveal the extent of an ongoing investigation, It may reveal, 81 00:05:09,120 --> 00:05:12,599 Speaker 1: you know, top secret security information. These are things, again 82 00:05:12,600 --> 00:05:15,080 Speaker 1: that a judge had to sign off on, but to 83 00:05:15,160 --> 00:05:18,600 Speaker 1: release them to the press and release them publicly highly 84 00:05:18,680 --> 00:05:21,359 Speaker 1: unusual in a case like this. I don't you know, 85 00:05:21,480 --> 00:05:24,880 Speaker 1: I would just be cautioning against reading something into the 86 00:05:24,920 --> 00:05:28,000 Speaker 1: fact that the Department is opposing this. To me, it 87 00:05:28,120 --> 00:05:31,640 Speaker 1: is standard practice in an investigation like this for them 88 00:05:31,640 --> 00:05:34,479 Speaker 1: to oppose the release of any of these documents. And 89 00:05:34,520 --> 00:05:36,600 Speaker 1: if we go back to what Marrick Garland said late 90 00:05:36,720 --> 00:05:39,839 Speaker 1: last week, he said the search warrant and the receipt, 91 00:05:39,920 --> 00:05:42,480 Speaker 1: they don't usually request that those being sealed, but given 92 00:05:42,520 --> 00:05:45,040 Speaker 1: it was a former president president and the amount of 93 00:05:45,080 --> 00:05:48,920 Speaker 1: public interest, they asked for that to be unsealed. This 94 00:05:49,040 --> 00:05:52,560 Speaker 1: is a completely different ball game. And I'm not surprised 95 00:05:52,560 --> 00:05:55,560 Speaker 1: that they have said that they won't take this step. Genie, 96 00:05:55,680 --> 00:05:58,560 Speaker 1: So it sounds like you aren't necessarily thinking this is 97 00:05:58,720 --> 00:06:02,920 Speaker 1: good news for former President Trump, then no, I don't 98 00:06:02,920 --> 00:06:05,479 Speaker 1: think we can read into this either good or bad 99 00:06:05,560 --> 00:06:08,520 Speaker 1: news for former President Trump. So much of this remains 100 00:06:08,560 --> 00:06:11,400 Speaker 1: things that we are speculating about but don't actually know. 101 00:06:11,760 --> 00:06:14,440 Speaker 1: To start off with, we don't know who the focus 102 00:06:14,520 --> 00:06:18,080 Speaker 1: of this investigation is. We don't know, for instance, if 103 00:06:18,120 --> 00:06:21,480 Speaker 1: the Department is even going to pursue legal charges. They 104 00:06:21,520 --> 00:06:24,920 Speaker 1: could very well have taken those eleven boxes and they 105 00:06:24,920 --> 00:06:27,240 Speaker 1: could say we've gotten back what the what the government, 106 00:06:27,279 --> 00:06:29,839 Speaker 1: what the National Archives needed. We're not going to pursue 107 00:06:29,839 --> 00:06:33,440 Speaker 1: this any further. So I wouldn't you know, begin to 108 00:06:33,480 --> 00:06:37,080 Speaker 1: speculate on what this says about where he is legally. Um. 109 00:06:37,120 --> 00:06:38,960 Speaker 1: You know, the one piece of news that we got 110 00:06:38,960 --> 00:06:41,240 Speaker 1: out today in addition to this breaking news on this 111 00:06:41,839 --> 00:06:44,880 Speaker 1: was the fact that the one of Trump's attorneys did 112 00:06:44,880 --> 00:06:48,960 Speaker 1: apparently sign a declaration that nothing else was being held 113 00:06:49,000 --> 00:06:52,480 Speaker 1: at Marrow Lago that the government was asking for. That 114 00:06:52,600 --> 00:06:55,560 Speaker 1: presents a risk for the person who signs it, potentially, 115 00:06:55,600 --> 00:06:57,719 Speaker 1: you know, maybe for Trump himself if he lied to 116 00:06:57,760 --> 00:07:00,680 Speaker 1: the attorney. But you know, again, these are things I 117 00:07:00,720 --> 00:07:03,520 Speaker 1: don't think we can extrapolate much further without hearing from 118 00:07:03,560 --> 00:07:06,359 Speaker 1: the Justice Department as to who is targeted and what 119 00:07:06,480 --> 00:07:09,760 Speaker 1: indeed any charges might be, if any. Now, just for 120 00:07:09,920 --> 00:07:13,239 Speaker 1: a little more context, I'm reading the initial uh coverage 121 00:07:13,240 --> 00:07:15,840 Speaker 1: of this on the Washington Post that says media outlets 122 00:07:15,880 --> 00:07:19,400 Speaker 1: have asked the judge to unseal this document, which would 123 00:07:19,600 --> 00:07:23,560 Speaker 1: offer more detail about the FBI's decision to make this 124 00:07:23,680 --> 00:07:28,120 Speaker 1: search of Mara Lago. Obviously, aside from members of the media, 125 00:07:28,200 --> 00:07:30,760 Speaker 1: there's a lot of interest in getting more detail on 126 00:07:30,880 --> 00:07:33,880 Speaker 1: what they found and the reasoning for it. Uh, there's 127 00:07:33,920 --> 00:07:36,960 Speaker 1: been a request from members of the Senate Intelligence Committee 128 00:07:37,200 --> 00:07:40,560 Speaker 1: asking for the documents they found. Rick. Does this have 129 00:07:40,760 --> 00:07:44,760 Speaker 1: any implications for congressional oversight or does this appear to 130 00:07:44,840 --> 00:07:48,000 Speaker 1: be limited to not putting this kind of document out 131 00:07:48,120 --> 00:07:51,280 Speaker 1: to the broader public. Yeah, I don't think the Hill 132 00:07:51,360 --> 00:07:54,040 Speaker 1: can stay out of a good controversy like this. I mean, 133 00:07:54,080 --> 00:07:55,680 Speaker 1: in fact, you know, I would say, just from a 134 00:07:55,680 --> 00:07:59,000 Speaker 1: political perspective, I thought the Democrats stepped all over the 135 00:07:59,040 --> 00:08:00,840 Speaker 1: d o J today. I'm mean, you know the fact 136 00:08:00,840 --> 00:08:03,400 Speaker 1: that Adam Schiff and Carol Maloney, you know, co head 137 00:08:03,440 --> 00:08:07,120 Speaker 1: of the Intelligence Committee in the House. Um, you know, 138 00:08:07,160 --> 00:08:12,280 Speaker 1: they sent a letter to uh, the National Intelligence Director 139 00:08:12,800 --> 00:08:15,400 Speaker 1: saying that you know, they wanna they want to investigate 140 00:08:15,440 --> 00:08:17,480 Speaker 1: what kind of damage might have been done. Well, you know, 141 00:08:17,520 --> 00:08:19,600 Speaker 1: if they just stayed quiet, the only story would have 142 00:08:19,640 --> 00:08:21,559 Speaker 1: been out there, you know, is the one we're talking about. 143 00:08:21,680 --> 00:08:24,760 Speaker 1: And you know, they they they, they seem to always 144 00:08:24,760 --> 00:08:27,000 Speaker 1: want to get into the narrative. So yes, I think 145 00:08:27,080 --> 00:08:30,239 Speaker 1: you're We're gonna just see all kinds of people getting 146 00:08:30,280 --> 00:08:33,839 Speaker 1: involved in this, not just media outlets asking for more information, 147 00:08:33,880 --> 00:08:37,280 Speaker 1: which is their job, but to Congress wondering what kind 148 00:08:37,280 --> 00:08:41,000 Speaker 1: of oversight, uh they need to be putting on these 149 00:08:41,040 --> 00:08:44,000 Speaker 1: agencies whose job it is is to protect these secrets, 150 00:08:44,160 --> 00:08:45,800 Speaker 1: and they didn't do a very good job of protecting 151 00:08:45,840 --> 00:08:47,720 Speaker 1: them if they've been sitting down to mar A Lago 152 00:08:47,800 --> 00:08:50,120 Speaker 1: for over a year. Right. So we're gonna come back 153 00:08:50,160 --> 00:08:52,440 Speaker 1: to some of these issues, especially because later on in 154 00:08:52,440 --> 00:08:54,920 Speaker 1: the show, we're gonna have John Barrett, a law for 155 00:08:55,160 --> 00:08:59,040 Speaker 1: law professor at St. John's University, help us walk through 156 00:08:59,120 --> 00:09:02,280 Speaker 1: the occations of all of this. But I also want 157 00:09:02,360 --> 00:09:06,880 Speaker 1: to touch on another major story today, uh the pushback 158 00:09:07,080 --> 00:09:12,240 Speaker 1: from China. Further pushback from China, UH to another congressional 159 00:09:12,320 --> 00:09:19,240 Speaker 1: delegation visiting Taiwan, China has conducted more military activity around Taiwan. 160 00:09:19,679 --> 00:09:23,320 Speaker 1: UH following another visit. This is not Speaker Pelosi's visit, 161 00:09:23,400 --> 00:09:28,240 Speaker 1: but another Congressional delegation visit to Taiwan led by Senator 162 00:09:28,440 --> 00:09:32,640 Speaker 1: Ed Markey UH. And now we're bringing on Congressman Raja 163 00:09:32,720 --> 00:09:38,640 Speaker 1: Krishna Morthy, Democrat from Illinois to walk us through the implications. Congressman, 164 00:09:38,960 --> 00:09:42,760 Speaker 1: he joined Speaker Pelosi on her last trip. Congressman, thank 165 00:09:42,800 --> 00:09:45,280 Speaker 1: you so much for joining us. Hey, thanks so much 166 00:09:45,360 --> 00:09:48,240 Speaker 1: for having me. So big question on my mind as 167 00:09:48,280 --> 00:09:52,880 Speaker 1: we see China's military conducting patrols around Taiwan UH in 168 00:09:52,960 --> 00:09:57,280 Speaker 1: response to this latest congressional delegation visit to Taiwan UH 169 00:09:57,600 --> 00:10:00,600 Speaker 1: is what is the correct response, if any, from the 170 00:10:00,720 --> 00:10:04,000 Speaker 1: US in this situation. I think we should continue to 171 00:10:04,360 --> 00:10:09,040 Speaker 1: approach the situation calmly. We should reiterate our support of 172 00:10:09,080 --> 00:10:14,040 Speaker 1: the One China policy, comments stability across the Taiwan's straight 173 00:10:14,720 --> 00:10:17,559 Speaker 1: and we want Taiwan and the People's Republic of China 174 00:10:17,679 --> 00:10:21,599 Speaker 1: to resolve their differences peacefully. We also have an obligation 175 00:10:21,760 --> 00:10:26,200 Speaker 1: under the Taiwan relations back to help support the defense 176 00:10:26,280 --> 00:10:30,360 Speaker 1: of Taiwan against any aggression. And so I think this delegation, 177 00:10:31,000 --> 00:10:35,160 Speaker 1: like other delegations, is just a normal part of our 178 00:10:35,200 --> 00:10:40,880 Speaker 1: relationship and necessary for carrying out our legal responsibility. And 179 00:10:40,960 --> 00:10:45,439 Speaker 1: when you mentioned our responsibilities the US's aid to Taiwan 180 00:10:46,080 --> 00:10:49,760 Speaker 1: in the context of defense, should we be looking for 181 00:10:49,760 --> 00:10:53,960 Speaker 1: further actions? Is the ratcheting up of tensions on China's 182 00:10:54,000 --> 00:10:58,200 Speaker 1: part something that merits a response, whether in UH spending bills, 183 00:10:58,240 --> 00:11:01,040 Speaker 1: the Defense Authorization Bill, How does that have an effect, 184 00:11:01,679 --> 00:11:05,520 Speaker 1: especially in that what you mentioned about our defense support 185 00:11:05,559 --> 00:11:09,200 Speaker 1: for Taiwan, Well, I think that we have to continue 186 00:11:09,320 --> 00:11:15,080 Speaker 1: to evaluate what are friends needs are in Taiwan. UH. 187 00:11:15,640 --> 00:11:19,200 Speaker 1: They need to defend themselves, and so to the extent 188 00:11:19,240 --> 00:11:24,199 Speaker 1: that they are reorienting their focus on a on a 189 00:11:24,240 --> 00:11:27,760 Speaker 1: constant basis with regard to the threats that they face, 190 00:11:28,200 --> 00:11:30,320 Speaker 1: and they need our further assistance, then we need to 191 00:11:30,360 --> 00:11:34,280 Speaker 1: furnish that. All that being said, we wish for peace 192 00:11:34,360 --> 00:11:37,679 Speaker 1: and stability in the region. We want Taiwan and the 193 00:11:37,720 --> 00:11:42,680 Speaker 1: People's Republic of China to resolve their differences peacefully. But 194 00:11:43,320 --> 00:11:46,880 Speaker 1: if the cost of avoiding these types of provocations by 195 00:11:46,920 --> 00:11:51,720 Speaker 1: the PRC is seeding control of Taiwan, are seeding control 196 00:11:51,800 --> 00:11:55,440 Speaker 1: of our travel schedules in Congress, I don't think that's 197 00:11:55,440 --> 00:11:59,880 Speaker 1: a price that we will pay now. I know President 198 00:12:00,000 --> 00:12:04,040 Speaker 1: Biden has said the military didn't necessarily think Speaker Pelosi's 199 00:12:04,120 --> 00:12:07,160 Speaker 1: visit was a good idea. Does the left hand not 200 00:12:07,320 --> 00:12:09,640 Speaker 1: know what the right hand is doing here? In terms 201 00:12:09,679 --> 00:12:13,360 Speaker 1: of the US government's ability to manage this? Have lawmakers 202 00:12:13,360 --> 00:12:18,080 Speaker 1: in any way undermined the administration's position? Well, I think 203 00:12:18,080 --> 00:12:22,360 Speaker 1: that UH, as you know, the executive branch and the 204 00:12:22,440 --> 00:12:27,720 Speaker 1: legislative branch are separate but equal branches of government, and 205 00:12:28,160 --> 00:12:32,760 Speaker 1: quite frankly, the legislative branch is called upon to authorize 206 00:12:32,760 --> 00:12:38,200 Speaker 1: funding for, for instance, the defense of Taiwan, as well 207 00:12:38,240 --> 00:12:41,800 Speaker 1: as other programs related to Taiwan, And so I think 208 00:12:41,800 --> 00:12:46,160 Speaker 1: that having a first hand account of how the money 209 00:12:46,240 --> 00:12:49,319 Speaker 1: that we've already appropriated has been spent, as well as 210 00:12:50,040 --> 00:12:54,600 Speaker 1: what the needs are of our friends going forward, is 211 00:12:54,640 --> 00:12:57,960 Speaker 1: really important. And I think that, you know, congressional visits 212 00:12:57,960 --> 00:13:03,720 Speaker 1: are just a normal part of UH relationships between friends. 213 00:13:03,760 --> 00:13:07,240 Speaker 1: How speaking of sort of taking the temperature of of 214 00:13:07,559 --> 00:13:12,920 Speaker 1: US policies, visiting to determine what policies should change or not. 215 00:13:13,040 --> 00:13:17,040 Speaker 1: How how does all of this play into the considerations 216 00:13:17,200 --> 00:13:20,920 Speaker 1: of potentially lifting tariffs on China. Well, I think that's 217 00:13:20,960 --> 00:13:26,000 Speaker 1: a separate issue in the sense that UM, we constantly 218 00:13:26,040 --> 00:13:30,240 Speaker 1: want to resolve our differences with other countries with regard 219 00:13:30,320 --> 00:13:34,720 Speaker 1: to trade, to the event that the PRC continues to 220 00:13:34,840 --> 00:13:39,960 Speaker 1: use forced labor or to use um weagers whom they 221 00:13:40,000 --> 00:13:44,320 Speaker 1: put into concentration camps to produce goods that are sold 222 00:13:44,320 --> 00:13:47,600 Speaker 1: in the United States, or that they dump goods at 223 00:13:47,679 --> 00:13:51,960 Speaker 1: below costs to destroy our industries here, um and and 224 00:13:52,000 --> 00:13:55,640 Speaker 1: they haven't ceased doing it. That's that's going to continue 225 00:13:55,640 --> 00:13:59,160 Speaker 1: to be an impediment for lowering tariffs, um and. So 226 00:13:59,360 --> 00:14:03,240 Speaker 1: I think that's just separate issue from Taiwan altogether. Okay, 227 00:14:03,520 --> 00:14:06,840 Speaker 1: a little more directly on Taiwan. I know Taiwanese officials 228 00:14:07,000 --> 00:14:12,559 Speaker 1: spoke supportively of the Chips Semiconductor bill that that has 229 00:14:12,600 --> 00:14:17,720 Speaker 1: made it through both chambers. How how does that legislation 230 00:14:18,280 --> 00:14:22,640 Speaker 1: factor into the congressional relationship with Taiwan? For example? Does 231 00:14:22,920 --> 00:14:26,680 Speaker 1: does that interest in Taiwan in that bill make it 232 00:14:26,760 --> 00:14:33,000 Speaker 1: any more important to strengthen ties with Taiwan? Oh? Absolutely, um. 233 00:14:33,120 --> 00:14:38,040 Speaker 1: That particular bill, which became a law has excited a 234 00:14:38,040 --> 00:14:42,040 Speaker 1: lot of our friends and partners and allies in the region, 235 00:14:42,400 --> 00:14:47,560 Speaker 1: whether it's Japan, Korea, Taiwan, uh Singapore, Malaysia, and so 236 00:14:47,600 --> 00:14:49,880 Speaker 1: they're all looking to see how can they manufacture more 237 00:14:49,920 --> 00:14:52,720 Speaker 1: semi conductor chips in the United States. How can they 238 00:14:52,760 --> 00:14:56,120 Speaker 1: potentially move production of some of those chips which might 239 00:14:56,400 --> 00:14:59,840 Speaker 1: might happen even in the PRC, to the US, which 240 00:14:59,840 --> 00:15:03,360 Speaker 1: they of you as a more stable environment for doing 241 00:15:03,400 --> 00:15:09,040 Speaker 1: business and so um part of our visit centered on 242 00:15:10,040 --> 00:15:14,440 Speaker 1: basically putting on our sales caps and trying to get 243 00:15:14,480 --> 00:15:18,160 Speaker 1: them get our partners to invest more in the US. 244 00:15:18,200 --> 00:15:20,920 Speaker 1: I'm pleased to say that the Taiwanese are going to 245 00:15:20,960 --> 00:15:25,880 Speaker 1: invest twenty billion dollars in setting up manufacturing facilities for 246 00:15:25,960 --> 00:15:29,800 Speaker 1: chips in the US, and we're looking for more right now, 247 00:15:30,200 --> 00:15:32,240 Speaker 1: I want to ask a little broadly, just to put 248 00:15:32,240 --> 00:15:36,240 Speaker 1: all of this in context. There have been past congressional 249 00:15:36,280 --> 00:15:40,080 Speaker 1: delegation visits. Their lawmakers went just last summer. I know, 250 00:15:40,720 --> 00:15:45,400 Speaker 1: uh China previously did not react nearly as forcefully in 251 00:15:45,440 --> 00:15:48,840 Speaker 1: the past as they did when Speaker Pelosi and you 252 00:15:48,920 --> 00:15:53,320 Speaker 1: and other lawmakers went. What is your explanation for the 253 00:15:53,440 --> 00:15:57,720 Speaker 1: ratcheting up of tensions why now? I think a large 254 00:15:57,840 --> 00:15:59,920 Speaker 1: part of this has to do with the internal domestic 255 00:16:00,000 --> 00:16:03,800 Speaker 1: pressures that Chairman she is facing because of a botched 256 00:16:03,840 --> 00:16:07,840 Speaker 1: response to COVID Nineteam. There's been a tremendous economic slowdown 257 00:16:08,240 --> 00:16:12,000 Speaker 1: in China, and as a consequence, I think that they're 258 00:16:12,200 --> 00:16:16,560 Speaker 1: using our visit or they used our visit as a 259 00:16:16,640 --> 00:16:21,920 Speaker 1: pretext for deflecting attention from their domestic pressures and so UM. 260 00:16:21,960 --> 00:16:25,160 Speaker 1: I continue to submit that they were going to use 261 00:16:25,280 --> 00:16:29,400 Speaker 1: whatever visit was happening around the time that they needed 262 00:16:29,680 --> 00:16:34,920 Speaker 1: such a pretext for conducting those drills and conducting those 263 00:16:34,920 --> 00:16:38,040 Speaker 1: live fire exercises. But I think, as I said before, 264 00:16:38,720 --> 00:16:42,920 Speaker 1: those types of provocations are rather reckless because miscalculation can 265 00:16:43,000 --> 00:16:47,680 Speaker 1: happen and um, and then things can kind of escalate 266 00:16:48,080 --> 00:16:52,480 Speaker 1: beyond their control. Well, in with that in mind, are 267 00:16:52,520 --> 00:16:57,120 Speaker 1: there off roads that the US can offer China to 268 00:16:57,120 --> 00:17:01,080 Speaker 1: to I guess, release some of the pressure. If if 269 00:17:01,120 --> 00:17:04,040 Speaker 1: the Chinese government is doing this almost as a distraction 270 00:17:04,119 --> 00:17:08,640 Speaker 1: from domestic issues, does that give the US any options? 271 00:17:09,160 --> 00:17:13,000 Speaker 1: I think that we should absolutely hold out the olive branch, 272 00:17:13,800 --> 00:17:17,720 Speaker 1: even at the same time that we we say that 273 00:17:17,880 --> 00:17:24,080 Speaker 1: these provocations UM are reckless and we aid Taiwan in 274 00:17:24,119 --> 00:17:27,480 Speaker 1: its self defense. The olive branch has to be cooperation 275 00:17:28,040 --> 00:17:31,920 Speaker 1: on any number of common global challenges, whether it's climate 276 00:17:32,000 --> 00:17:35,919 Speaker 1: change or even the economic uplift of people. You know, 277 00:17:35,960 --> 00:17:39,400 Speaker 1: throughout the world. We are in a fraud time. We 278 00:17:39,440 --> 00:17:44,480 Speaker 1: need the best minds, the best UM technologies, UM, and 279 00:17:44,560 --> 00:17:48,280 Speaker 1: we need to harness the talents of people worldwide to 280 00:17:48,359 --> 00:17:51,080 Speaker 1: tackle these challenges. And in fact, in light of the 281 00:17:51,119 --> 00:17:55,480 Speaker 1: Inflation Reduction Act, which we passed and it's going to 282 00:17:55,520 --> 00:17:58,879 Speaker 1: be signed into loss shortly, we in the United States 283 00:17:58,880 --> 00:18:03,120 Speaker 1: have taken a major that toward investing in fighting climate change, 284 00:18:03,480 --> 00:18:07,800 Speaker 1: and I think that hopefully is an ice breaker for uh, 285 00:18:08,480 --> 00:18:13,119 Speaker 1: you know, restarting conversations with the PRC and others. Congressman, 286 00:18:13,119 --> 00:18:15,760 Speaker 1: real quick before you go, since you're on the Intelligence Committee. 287 00:18:16,200 --> 00:18:19,359 Speaker 1: When we see in the news that some of the 288 00:18:19,359 --> 00:18:23,879 Speaker 1: the documents retrieved from our lago by the FBI that 289 00:18:23,960 --> 00:18:27,200 Speaker 1: were held by former President Trump were marked top secret, 290 00:18:27,359 --> 00:18:31,280 Speaker 1: sensitive compartment to information, Uh, can you put that in 291 00:18:31,359 --> 00:18:34,639 Speaker 1: context for us? What? What? How? How serious does that 292 00:18:34,680 --> 00:18:39,160 Speaker 1: sound to you? It's very serious. The most precious, the 293 00:18:39,200 --> 00:18:44,680 Speaker 1: most vital, the most exquisite intelligence in our possession is 294 00:18:44,800 --> 00:18:49,119 Speaker 1: usually marked T S, S T I UM. And I 295 00:18:49,160 --> 00:18:53,600 Speaker 1: think that just so you're listeners understand, you know, we 296 00:18:53,720 --> 00:18:56,960 Speaker 1: as members of the Intelligence Committee view these types of 297 00:18:57,000 --> 00:19:00,760 Speaker 1: documents every day. But we do so in a bunker 298 00:19:00,960 --> 00:19:06,000 Speaker 1: underneath the capital, with people watching us over our shoulders, 299 00:19:07,000 --> 00:19:10,520 Speaker 1: with armed guards standing outside the room, and they take 300 00:19:10,560 --> 00:19:13,159 Speaker 1: an inventory of all the documents that they showed us, 301 00:19:13,200 --> 00:19:17,520 Speaker 1: so literally they check off each document that they hand 302 00:19:17,560 --> 00:19:21,200 Speaker 1: to us, and they check off each document return. These 303 00:19:21,240 --> 00:19:24,480 Speaker 1: documents can be anything from blueprints of weapons systems to 304 00:19:25,119 --> 00:19:29,639 Speaker 1: important intelligence we've gathered on foreign leaders, to information about 305 00:19:29,720 --> 00:19:32,399 Speaker 1: threats that are gathering on the horizon for which we 306 00:19:32,440 --> 00:19:36,280 Speaker 1: have to prepare. Um, so this is extremely important information, right, 307 00:19:36,320 --> 00:19:39,880 Speaker 1: Thank you. Congressman. That's Congressman Raja Krishna, or the Democrat 308 00:19:39,960 --> 00:19:42,920 Speaker 1: from Illinois on some of the big news of the 309 00:19:43,000 --> 00:19:47,240 Speaker 1: day on on former President Trump's legal issues as well 310 00:19:47,280 --> 00:19:51,320 Speaker 1: as on the attentions with China over Taiwan, which is 311 00:19:51,359 --> 00:19:54,280 Speaker 1: an issue I want to ask the panel about. Let's 312 00:19:54,280 --> 00:19:57,639 Speaker 1: bring back Bloomberg Politics contributors Rick Davis and Jennie she 313 00:19:57,800 --> 00:20:01,200 Speaker 1: and Zano Guys. I thought there were some interesting points 314 00:20:01,200 --> 00:20:05,439 Speaker 1: by the congressman there. Rick, do you agree or disagree 315 00:20:05,560 --> 00:20:08,320 Speaker 1: with the assessment that a lot of this tension, the 316 00:20:08,440 --> 00:20:12,399 Speaker 1: supposedly over visits by members of Congress to Taiwan, is 317 00:20:12,440 --> 00:20:16,320 Speaker 1: actually a cover by the Chinese government to distract from 318 00:20:16,440 --> 00:20:19,320 Speaker 1: domestic struggles in China. What do you make of that? Yeah, 319 00:20:19,359 --> 00:20:22,359 Speaker 1: I think we have to be cautious with Representative Christo 320 00:20:22,359 --> 00:20:25,959 Speaker 1: Morth these comments there, because it's not like if COVID 321 00:20:26,000 --> 00:20:29,680 Speaker 1: goes away and the economy starts to recover that somehow 322 00:20:29,680 --> 00:20:32,080 Speaker 1: we're going to return to some kind of old normal. 323 00:20:32,960 --> 00:20:37,159 Speaker 1: With the PRC. They have been making very very strong 324 00:20:37,480 --> 00:20:41,679 Speaker 1: threats to the United States and our allies long before 325 00:20:41,720 --> 00:20:44,600 Speaker 1: COVID started. It's been a new normal for them to 326 00:20:44,760 --> 00:20:49,120 Speaker 1: actually be more competitive UH in in the region and 327 00:20:49,359 --> 00:20:54,120 Speaker 1: around the world against US interests. And they've formed these 328 00:20:54,160 --> 00:20:58,119 Speaker 1: coalitions with Russia not to find a way to expand 329 00:20:58,119 --> 00:21:02,480 Speaker 1: their economy and cure COVID, but to create UH security 330 00:21:02,680 --> 00:21:06,560 Speaker 1: regimes in opposition to our interests around the world. So 331 00:21:07,119 --> 00:21:11,080 Speaker 1: I think we should not underestimate the ambitions of the 332 00:21:11,119 --> 00:21:15,119 Speaker 1: communist Chinese UH to keep us out of their backyard 333 00:21:15,200 --> 00:21:18,480 Speaker 1: and thwart our abilities in our own hemisphere. So I 334 00:21:18,800 --> 00:21:22,360 Speaker 1: do think that's a somewhat dangerous approach to take with him, 335 00:21:22,400 --> 00:21:26,359 Speaker 1: because this is not a casual thing that she is 336 00:21:26,440 --> 00:21:29,800 Speaker 1: under these stresses because of domestic problems. He has those, 337 00:21:29,840 --> 00:21:32,280 Speaker 1: no doubt about it, But I don't think they weigh 338 00:21:32,440 --> 00:21:36,680 Speaker 1: into his considerations of hegeonomy in the region. So then, Rick, 339 00:21:36,800 --> 00:21:40,680 Speaker 1: what do you make of the Congressman's mention of olive branches, 340 00:21:40,800 --> 00:21:45,280 Speaker 1: especially working with them on climate policy. Is that a 341 00:21:45,400 --> 00:21:48,239 Speaker 1: legitimate option? Do we have many olive branches in the 342 00:21:48,320 --> 00:21:51,359 Speaker 1: US to to reach out to China with I think 343 00:21:51,400 --> 00:21:54,639 Speaker 1: this is the sophistication of state craft that the United 344 00:21:54,680 --> 00:21:56,520 Speaker 1: States has been good at in the past and needs 345 00:21:56,520 --> 00:21:58,280 Speaker 1: to be better at in the future, and that is 346 00:21:58,720 --> 00:22:01,439 Speaker 1: to engage on things we can engage on and create 347 00:22:01,800 --> 00:22:05,840 Speaker 1: UH conversations around issues. Hopefully climate would be one of 348 00:22:05,920 --> 00:22:09,080 Speaker 1: them where we are not in conflict, but that not 349 00:22:09,240 --> 00:22:12,520 Speaker 1: to diminish the impact that we have. Is the greatest 350 00:22:12,520 --> 00:22:14,720 Speaker 1: country for good in the world to try and put 351 00:22:14,760 --> 00:22:18,240 Speaker 1: pressure on them for things like human rights and economic 352 00:22:18,280 --> 00:22:21,800 Speaker 1: abuses around the world. So I do believe that it's 353 00:22:21,840 --> 00:22:26,000 Speaker 1: smart to keep those UH conversations open, but we cannot 354 00:22:26,000 --> 00:22:30,320 Speaker 1: look the other way when China transgresses. So, Jennie, you 355 00:22:30,480 --> 00:22:33,439 Speaker 1: heard the Congressman say that China isn't going to be 356 00:22:33,480 --> 00:22:36,520 Speaker 1: put in front of the in charge of the congressional 357 00:22:37,040 --> 00:22:40,840 Speaker 1: UH travel schedule. I want to ask you, though, is 358 00:22:40,880 --> 00:22:46,000 Speaker 1: there any sense in which lawmakers are if not grandstanding, 359 00:22:46,040 --> 00:22:49,760 Speaker 1: then in any way undermining the administration's position. Because there 360 00:22:49,800 --> 00:22:52,399 Speaker 1: is a bit of a division even among Democrats on 361 00:22:52,400 --> 00:22:56,239 Speaker 1: whether these uh these trips are a good idea, you know, 362 00:22:56,320 --> 00:22:58,919 Speaker 1: there is and and it's such an important question because 363 00:22:58,960 --> 00:23:02,439 Speaker 1: even with Nancy Loci's trip, the question was not whether 364 00:23:02,600 --> 00:23:05,359 Speaker 1: she had the right to go. She had an invitation, 365 00:23:05,400 --> 00:23:08,040 Speaker 1: she had an absolute right to go. From my mind, 366 00:23:08,119 --> 00:23:11,240 Speaker 1: the question was strategic what was she going to get 367 00:23:11,320 --> 00:23:13,439 Speaker 1: out of that visit? And I would ask the same 368 00:23:13,720 --> 00:23:17,000 Speaker 1: question about these lawmakers, and not personally, of course, I 369 00:23:17,000 --> 00:23:20,359 Speaker 1: mean vis A vis the United States policy visa VI 370 00:23:20,560 --> 00:23:24,800 Speaker 1: China and Taiwan. This is a very precarious point and 371 00:23:25,080 --> 00:23:28,600 Speaker 1: moment in US China relations. We all know that, not 372 00:23:28,680 --> 00:23:32,320 Speaker 1: to mention what is going on in Ukraine, and so 373 00:23:32,800 --> 00:23:35,400 Speaker 1: you know, I do think there is a real question 374 00:23:35,440 --> 00:23:39,440 Speaker 1: to be asked about these visits. What is the benefit 375 00:23:39,680 --> 00:23:42,720 Speaker 1: of them to the United States when it comes to 376 00:23:42,760 --> 00:23:46,280 Speaker 1: our relationships with China? And this is a very precarious 377 00:23:46,320 --> 00:23:49,000 Speaker 1: time in China, you know, looking at some of the 378 00:23:49,119 --> 00:23:53,080 Speaker 1: data that Bloomberg was just releasing this morning, youth unemployment 379 00:23:53,080 --> 00:23:57,640 Speaker 1: climbing to almost twenty percent. You were seeing protests around 380 00:23:57,680 --> 00:24:01,320 Speaker 1: the country. She wanted to go into this meeting in 381 00:24:01,400 --> 00:24:04,679 Speaker 1: this fall with you know, some kind of of calm. 382 00:24:04,720 --> 00:24:07,240 Speaker 1: He's not going to get that. And let's not forget 383 00:24:07,560 --> 00:24:10,679 Speaker 1: he wants to take Taiwan. He's promised to. So it 384 00:24:10,760 --> 00:24:12,879 Speaker 1: puts us in a position of having to deal with 385 00:24:12,880 --> 00:24:16,679 Speaker 1: that reality, right, Rick Davis, Genie Sheenzano, thank you for 386 00:24:16,880 --> 00:24:19,840 Speaker 1: responding to the breaking news today. We'll talk a little later. 387 00:24:20,080 --> 00:24:21,960 Speaker 1: Coming up, We're gonna talk to John Barrett, a law 388 00:24:22,000 --> 00:24:25,119 Speaker 1: professor at St. John's University, over all the legal issues 389 00:24:25,160 --> 00:24:33,480 Speaker 1: we've discussed today. I'm Jack Fitzpatrick. This is Bloomberg broadcasting 390 00:24:33,560 --> 00:24:38,879 Speaker 1: live from our nation's capital, Bloomberg to New York, Bloomberg eleven, 391 00:24:39,000 --> 00:24:43,159 Speaker 1: Frio to Boston, Bloomberg What All six one to San Francisco, 392 00:24:43,280 --> 00:24:47,280 Speaker 1: Bloomberg nine sixty to the country Serious x M General 393 00:24:47,359 --> 00:24:50,720 Speaker 1: one nine and around the globe the Bloomberg Business app 394 00:24:50,760 --> 00:24:55,080 Speaker 1: and Bloomberg Radio dot Com. This is Bloomberg Sound On 395 00:24:55,600 --> 00:25:00,000 Speaker 1: with Joe Matthew. We've got a lot to sort through 396 00:25:00,240 --> 00:25:04,679 Speaker 1: regarding the rejection or or the Justice departments seeking to 397 00:25:04,800 --> 00:25:08,320 Speaker 1: reject requests to release the affidavit behind the search of 398 00:25:08,400 --> 00:25:11,360 Speaker 1: Mara A. Lago. We have to learn quite a bit 399 00:25:11,359 --> 00:25:16,280 Speaker 1: more about the UH, the legislation around that. The UH. 400 00:25:16,960 --> 00:25:21,520 Speaker 1: The UH with Senator Paul aims to undo a number 401 00:25:21,560 --> 00:25:25,120 Speaker 1: of questions now coming up for John Barrett, law professor 402 00:25:25,119 --> 00:25:28,399 Speaker 1: at St. John's University. Espionage Act is the phrase I 403 00:25:28,440 --> 00:25:31,000 Speaker 1: was looking for. I have a lot of questions on that, 404 00:25:31,240 --> 00:25:36,080 Speaker 1: on affidavit's on search warrants, UH and more for John Barrett, 405 00:25:36,160 --> 00:25:40,240 Speaker 1: law professor at St. John's University, who I think can 406 00:25:40,400 --> 00:25:43,280 Speaker 1: explain some of these key issues now. The first one, 407 00:25:43,320 --> 00:25:46,880 Speaker 1: the big news UH that just came out late this afternoon, 408 00:25:47,400 --> 00:25:50,680 Speaker 1: is on the Justice Department asking a judge to keep 409 00:25:50,760 --> 00:25:57,400 Speaker 1: sealed the affidavit that underpinned the FBI search of Mara Lago. Professor. 410 00:25:57,440 --> 00:25:59,800 Speaker 1: Thank you for joining us. I'm curious, just right off 411 00:25:59,840 --> 00:26:03,400 Speaker 1: the at how significant you think that position is. This 412 00:26:03,400 --> 00:26:06,000 Speaker 1: is a major development or is this standard that the 413 00:26:06,040 --> 00:26:08,680 Speaker 1: Justice Department does not want that affidavit to get out. 414 00:26:09,720 --> 00:26:14,440 Speaker 1: I think it's very standard. It's the investigative detail underneath 415 00:26:14,440 --> 00:26:18,000 Speaker 1: the request for the warrant, so it's basically the case 416 00:26:18,200 --> 00:26:21,399 Speaker 1: of probable cause that the government made to the magistrate 417 00:26:21,480 --> 00:26:25,600 Speaker 1: Judge who then issued warrant. It's the details of what 418 00:26:25,800 --> 00:26:30,640 Speaker 1: surveillance information, what informant information, what prior course and dealings 419 00:26:31,160 --> 00:26:34,919 Speaker 1: led the government to believe that there were classified documents 420 00:26:34,920 --> 00:26:39,400 Speaker 1: in mar Laga. And that's all highly confidential and actively 421 00:26:39,520 --> 00:26:43,000 Speaker 1: part of an investigation. It also, in this case is 422 00:26:43,040 --> 00:26:48,360 Speaker 1: likely to be highly classified. It's details of what classified 423 00:26:48,400 --> 00:26:51,160 Speaker 1: documents are believed to be. There would be my guests 424 00:26:51,240 --> 00:26:53,040 Speaker 1: and you and you just can't put that out in 425 00:26:53,040 --> 00:26:56,480 Speaker 1: the public domain. So the media asked the court to 426 00:26:56,560 --> 00:27:01,040 Speaker 1: disclose it. The Justice Department, not surprisingly no, we opposed 427 00:27:01,040 --> 00:27:04,440 Speaker 1: that request. So let's talk about the parts of this 428 00:27:04,800 --> 00:27:09,440 Speaker 1: developing story that are less standard. Uh One, the search 429 00:27:09,480 --> 00:27:13,200 Speaker 1: of maral Lago, and as we understand, this was part 430 00:27:13,240 --> 00:27:17,760 Speaker 1: of an attempt to find possible violations of the Espionage Act. 431 00:27:18,560 --> 00:27:21,600 Speaker 1: Another key detail that has come out is that some 432 00:27:21,720 --> 00:27:24,520 Speaker 1: of the documents found were marked with the highest level 433 00:27:24,520 --> 00:27:30,280 Speaker 1: of secrecy top secret Sensitive Compartmented Information SCI clearance. Based 434 00:27:30,320 --> 00:27:34,760 Speaker 1: on those two data points, how serious is that they're 435 00:27:34,800 --> 00:27:37,200 Speaker 1: what they're looking for? What what can we tell based 436 00:27:37,200 --> 00:27:39,240 Speaker 1: on those two points of information that we have at 437 00:27:39,240 --> 00:27:43,560 Speaker 1: this point? Well, the Espionage Act contains many different provisions, 438 00:27:43,600 --> 00:27:47,600 Speaker 1: so This is actually not a case about espionage. I 439 00:27:47,640 --> 00:27:51,640 Speaker 1: believe it's not a case accusing someone of being a spy. UM. 440 00:27:51,720 --> 00:27:54,760 Speaker 1: It is a place a case of highly classified information 441 00:27:55,240 --> 00:27:58,639 Speaker 1: that belongs to the government that was in private hands, 442 00:27:58,720 --> 00:28:01,720 Speaker 1: the hands of the former president in it and especially 443 00:28:01,800 --> 00:28:05,240 Speaker 1: up at the code word level top secret SCI information. 444 00:28:05,880 --> 00:28:10,080 Speaker 1: These are secrets at the disclosure of which would cause 445 00:28:10,520 --> 00:28:14,480 Speaker 1: exceptionally grave damage to the country. People who have had 446 00:28:14,520 --> 00:28:17,480 Speaker 1: these kinds of clearances as I have, know that this 447 00:28:17,600 --> 00:28:21,679 Speaker 1: information is extremely sensitive and so it does not belong 448 00:28:21,800 --> 00:28:25,200 Speaker 1: outside of authorized hands. And that's why the government UM 449 00:28:25,320 --> 00:28:28,439 Speaker 1: is investigating how it comes to be in moral lago 450 00:28:28,680 --> 00:28:32,280 Speaker 1: and in the meantime recovered it. How easy would it 451 00:28:32,359 --> 00:28:36,679 Speaker 1: be to violate the Espionage Act, not through malice, not 452 00:28:36,760 --> 00:28:40,520 Speaker 1: through attempting to violate it and trying to sneak documents 453 00:28:40,520 --> 00:28:44,320 Speaker 1: out of the White House, but through uh laziness in 454 00:28:44,400 --> 00:28:47,480 Speaker 1: how you take care of documents or something along those lines. 455 00:28:47,480 --> 00:28:49,400 Speaker 1: How easy would it be for a former president to 456 00:28:49,520 --> 00:28:55,200 Speaker 1: accidentally violate that law. I can't speculate about a person 457 00:28:55,280 --> 00:28:59,800 Speaker 1: who you know is a sleepwalker or does things with ice. 458 00:29:00,040 --> 00:29:05,320 Speaker 1: Those but generally highly classified top secret SPI documents come 459 00:29:05,400 --> 00:29:09,000 Speaker 1: with cover sheets, come with page markings, come with lots 460 00:29:09,080 --> 00:29:13,360 Speaker 1: of red strips and discernible labels. Um, you don't accidentally 461 00:29:14,120 --> 00:29:16,120 Speaker 1: put it in your pocket or put it in a 462 00:29:16,160 --> 00:29:20,720 Speaker 1: packing box. Uh. And so it is at least gross carelessness, 463 00:29:21,440 --> 00:29:24,680 Speaker 1: but may be intentional. However it comes to be out 464 00:29:24,720 --> 00:29:28,400 Speaker 1: of government control. It's gravely serious. And that's why the 465 00:29:28,440 --> 00:29:32,840 Speaker 1: government took this action to ask for its return and 466 00:29:32,880 --> 00:29:36,200 Speaker 1: then to inspect that everything had been returned, and then 467 00:29:36,280 --> 00:29:39,560 Speaker 1: got a representation, reportedly from a Trump lawyer that everything 468 00:29:39,600 --> 00:29:42,360 Speaker 1: had been returned, and then I'm sure got some kind 469 00:29:42,360 --> 00:29:47,240 Speaker 1: of confidential informant report. No, actually, there's more stuff. And 470 00:29:47,320 --> 00:29:49,840 Speaker 1: that led to the affid davit, which was the request 471 00:29:49,880 --> 00:29:52,280 Speaker 1: to the judge, which led the judge to issue the 472 00:29:52,320 --> 00:29:56,440 Speaker 1: search warrant, which indeed found top secret sue by Information 473 00:29:56,440 --> 00:30:00,520 Speaker 1: in mar Lago. What would the tell us a little 474 00:30:00,520 --> 00:30:03,680 Speaker 1: bit about the process of declassifying these materials, because there's 475 00:30:03,720 --> 00:30:06,920 Speaker 1: been some attempt by Trump and people around him to 476 00:30:07,040 --> 00:30:10,800 Speaker 1: say that he had a standing order to declassify materials 477 00:30:10,800 --> 00:30:13,600 Speaker 1: that he he took out with him. Is it possible 478 00:30:13,720 --> 00:30:15,800 Speaker 1: at all? Is is it in any way feasible that 479 00:30:16,080 --> 00:30:19,920 Speaker 1: some of these could have been declassified or even started 480 00:30:19,960 --> 00:30:22,800 Speaker 1: the process of declassification, but still have been marked top 481 00:30:22,880 --> 00:30:26,040 Speaker 1: secret Or is there really no confusion there about that. 482 00:30:26,920 --> 00:30:31,040 Speaker 1: I think that's not a credible explanation. The classification system 483 00:30:31,120 --> 00:30:35,080 Speaker 1: is an exercise of presidential power by presidents from Reagan 484 00:30:35,200 --> 00:30:39,840 Speaker 1: forward including Trump, and Trump did not rescind the executive 485 00:30:40,000 --> 00:30:44,360 Speaker 1: order that sets up the classified information system for Executive 486 00:30:44,360 --> 00:30:49,840 Speaker 1: Branch information. So without formally rescinding that executive order, he 487 00:30:50,000 --> 00:30:55,200 Speaker 1: can't on a kind of verbal basis, create some standing order. 488 00:30:55,760 --> 00:30:59,400 Speaker 1: Plus classified information belongs to the executive Branch, which is 489 00:30:59,440 --> 00:31:03,480 Speaker 1: headed by O. Bien. So whatever Mr Trump, while president 490 00:31:04,000 --> 00:31:07,680 Speaker 1: might have wished or thought or considered doing, he lost 491 00:31:07,680 --> 00:31:10,320 Speaker 1: all power to do that when he became the former president, 492 00:31:10,880 --> 00:31:16,240 Speaker 1: and the classification system top secret SCI is today's executive 493 00:31:16,240 --> 00:31:21,360 Speaker 1: branch system. That is the Biden administration. Right now on Congress, 494 00:31:21,400 --> 00:31:23,920 Speaker 1: I know Senator Rand Paul just raised this. He wants 495 00:31:23,920 --> 00:31:27,920 Speaker 1: the Espionage Act repealed. There have been criticisms of the 496 00:31:28,160 --> 00:31:30,960 Speaker 1: breadth of the wording of that law and how it 497 00:31:31,000 --> 00:31:35,400 Speaker 1: pertains to documents relating to national defense. In your opinion, 498 00:31:35,640 --> 00:31:39,840 Speaker 1: is that law written excessively broadly or what can you 499 00:31:39,880 --> 00:31:42,360 Speaker 1: tell us about things that may be covered under that 500 00:31:42,440 --> 00:31:47,800 Speaker 1: law that people might not necessarily nuclear codes. Right. Well, 501 00:31:47,840 --> 00:31:51,840 Speaker 1: that category of information, national defense information, is classified by 502 00:31:51,960 --> 00:31:55,680 Speaker 1: statute by the Espionage Act, and it includes the most 503 00:31:55,880 --> 00:32:01,400 Speaker 1: secret military dimensions of our nuclear defense posture for instance. Um, 504 00:32:01,440 --> 00:32:03,720 Speaker 1: So to sort of a O, this should all be 505 00:32:03,840 --> 00:32:06,800 Speaker 1: in the clear. We shouldn't have classification. I think is 506 00:32:07,560 --> 00:32:11,360 Speaker 1: naive and not a serious position. Um. Could the statute 507 00:32:11,400 --> 00:32:15,440 Speaker 1: be perhaps updated, perhaps amended. That's a different question, but 508 00:32:15,720 --> 00:32:19,520 Speaker 1: it protects very vital information. All right, John Barrett, Law, 509 00:32:19,560 --> 00:32:22,520 Speaker 1: professor at St. John's University, thank you so much for 510 00:32:22,640 --> 00:32:24,480 Speaker 1: walking us through that. We'll have to talk about other 511 00:32:24,560 --> 00:32:28,120 Speaker 1: legal issues regarding Rudy Giuliani and Lindsay Graham. Coming up 512 00:32:28,160 --> 00:32:31,160 Speaker 1: next with Rick Davis and Jennie she in Zano. I'm 513 00:32:31,240 --> 00:32:43,240 Speaker 1: Jack Fitzpatrick. This is Bloomberg. You're listening to Bloomberg Sound 514 00:32:43,280 --> 00:32:49,480 Speaker 1: On on Bloomberg Radio. The big breaking news late this afternoon, 515 00:32:49,520 --> 00:32:54,000 Speaker 1: the Department of Justice opposes releasing the affidavit behind their 516 00:32:54,040 --> 00:32:58,120 Speaker 1: search of Mara Lago, the Florida resident of former President 517 00:32:58,640 --> 00:33:02,000 Speaker 1: Donald Trump. That is not the only news we've had 518 00:33:02,040 --> 00:33:06,600 Speaker 1: today though, on legal issues surrounding the former President. Aside 519 00:33:06,760 --> 00:33:09,520 Speaker 1: from that and the conversation we had with John Barrett 520 00:33:09,560 --> 00:33:13,240 Speaker 1: earlier at St. John's University about the Espionage Act, there 521 00:33:13,360 --> 00:33:19,240 Speaker 1: is the Georgia criminal case regarding potential election fraud UH 522 00:33:19,360 --> 00:33:22,680 Speaker 1: in the attempts to overturn that state's results in the 523 00:33:23,600 --> 00:33:27,840 Speaker 1: presidential race. Two points for you. One, Senator Lindsey Graham 524 00:33:27,880 --> 00:33:31,200 Speaker 1: was ordered today by a federal judge to comply with 525 00:33:31,360 --> 00:33:34,560 Speaker 1: a subpoena and testify in that case before a grand 526 00:33:34,600 --> 00:33:38,280 Speaker 1: jury in Georgia. This would be focused on Senator Graham's 527 00:33:38,320 --> 00:33:41,400 Speaker 1: call to the Secretary of State in Georgia, Brad Raffensburger, 528 00:33:41,480 --> 00:33:45,239 Speaker 1: after the election. Raffensburger has said he felt Graham was 529 00:33:45,360 --> 00:33:48,000 Speaker 1: urging him to find a way to throw out legitimately 530 00:33:48,080 --> 00:33:52,840 Speaker 1: cast mail in ballots. Second, Rudy Giuliani, former President Donald 531 00:33:52,880 --> 00:33:56,120 Speaker 1: Trump's lawyer, is a target, not just a witness, but 532 00:33:56,160 --> 00:34:01,000 Speaker 1: a target in the Georgia criminal investigation UH. He was informed, 533 00:34:01,000 --> 00:34:03,440 Speaker 1: his legal team was informed of that today. He is 534 00:34:03,520 --> 00:34:08,320 Speaker 1: scheduled to testify Wednesday. His lawyer has said Giuliani is 535 00:34:08,360 --> 00:34:11,440 Speaker 1: going to claim attorney client privilege on anything relating to 536 00:34:11,480 --> 00:34:15,120 Speaker 1: his conversations with Trump, and of course after Giuliani had 537 00:34:15,160 --> 00:34:18,320 Speaker 1: a heart procedure, there was some debate as to whether 538 00:34:18,440 --> 00:34:22,000 Speaker 1: he would be able to go down to Georgia to 539 00:34:22,160 --> 00:34:26,280 Speaker 1: testify in that case. Here is what the judge, Fulton 540 00:34:26,280 --> 00:34:33,080 Speaker 1: County Judge Robert McBurney said about Giuliani's requests to not testify, 541 00:34:33,200 --> 00:34:37,560 Speaker 1: which were rejected. The medical professional said that Mr Giuliani 542 00:34:37,719 --> 00:34:43,600 Speaker 1: is not cleared for air travel. A rum gentleman drove 543 00:34:43,640 --> 00:34:46,160 Speaker 1: all over the country and his big bus from stadium 544 00:34:46,200 --> 00:34:50,080 Speaker 1: to stadium. So one thing we need to explore, um 545 00:34:50,360 --> 00:34:53,960 Speaker 1: is whether Mr Juliani could get here without jeopardizing his 546 00:34:54,040 --> 00:34:57,880 Speaker 1: recovery and his health on train, on a bus or 547 00:34:58,440 --> 00:35:01,520 Speaker 1: uber or whatever it would be. Um. The focus seems 548 00:35:01,520 --> 00:35:03,280 Speaker 1: to have been he's got to be on a plane 549 00:35:03,719 --> 00:35:07,600 Speaker 1: in New York. Is not close to Atlanta, but it's 550 00:35:07,600 --> 00:35:12,520 Speaker 1: not traveling from Fairbanks. So yes. John Madden, the former 551 00:35:12,560 --> 00:35:16,160 Speaker 1: football coach and announcer, wrote, all over the country in 552 00:35:16,200 --> 00:35:18,719 Speaker 1: a bus. I feel like we had a missed opportunity 553 00:35:18,800 --> 00:35:21,319 Speaker 1: for a John McCain reference. So I've got to go 554 00:35:21,480 --> 00:35:25,719 Speaker 1: to Rick Davis on our bloom Bird Politics panel. Rick 555 00:35:26,160 --> 00:35:29,680 Speaker 1: uh speaking of people who have traveled extensively by bus, 556 00:35:29,760 --> 00:35:33,319 Speaker 1: we know now Giuliani is going to be testifying in 557 00:35:33,320 --> 00:35:36,680 Speaker 1: this criminal case. How how do things look for him, 558 00:35:36,840 --> 00:35:40,160 Speaker 1: especially in light of the news today. How significant it 559 00:35:40,200 --> 00:35:42,520 Speaker 1: is is it that he's informed he's not just a witness, 560 00:35:42,560 --> 00:35:44,840 Speaker 1: This is not just an interview. He is a target 561 00:35:44,880 --> 00:35:48,120 Speaker 1: in that case. Yeah. I mean, obviously, when you are 562 00:35:48,320 --> 00:35:52,279 Speaker 1: told you're target, it means something in the investigation suggests 563 00:35:52,320 --> 00:35:57,160 Speaker 1: you may have uh violated the law, committed a crime. Uh. 564 00:35:57,200 --> 00:36:00,880 Speaker 1: This is this is a really significant development for for 565 00:36:01,239 --> 00:36:06,160 Speaker 1: Rudy Giuliani. It means that he may have criminal exposure 566 00:36:06,200 --> 00:36:09,600 Speaker 1: in the Fulton County case. And and when you are 567 00:36:10,360 --> 00:36:14,880 Speaker 1: designated as a target, you really don't have much of 568 00:36:14,880 --> 00:36:17,600 Speaker 1: an option. I mean, you know, you've got your doctor 569 00:36:17,719 --> 00:36:19,920 Speaker 1: saying you can't fly. And I think it was well 570 00:36:19,960 --> 00:36:23,400 Speaker 1: within the rights of the Fulton County District Attorney's office 571 00:36:23,440 --> 00:36:26,600 Speaker 1: to say, then hop a train, grab a bus, get 572 00:36:26,600 --> 00:36:29,000 Speaker 1: an uber. You're not the first guy who has to 573 00:36:29,080 --> 00:36:33,000 Speaker 1: travel aways to to testify. They're taking this very seriously. 574 00:36:33,120 --> 00:36:36,319 Speaker 1: They're not likely to delay times running out for all 575 00:36:36,360 --> 00:36:39,879 Speaker 1: these cases. Uh, And so I'm not surprised that they 576 00:36:39,880 --> 00:36:43,960 Speaker 1: took a hard line stance. So obviously we are interested 577 00:36:44,080 --> 00:36:47,799 Speaker 1: in the legal repercussions in this criminal case. Uh, in 578 00:36:47,840 --> 00:36:51,440 Speaker 1: the Espionage Act issues, which is a separate case. But 579 00:36:51,560 --> 00:36:54,840 Speaker 1: also there's been all of this work in Congress in 580 00:36:54,880 --> 00:36:59,360 Speaker 1: the January six UH Select Committee, Genie, when you see 581 00:36:59,800 --> 00:37:02,560 Speaker 1: the at Rudy Giuliani is going to have to testify 582 00:37:02,719 --> 00:37:06,600 Speaker 1: in this criminal case. Uh. And and Senator Lindsey Graham 583 00:37:06,840 --> 00:37:10,200 Speaker 1: is too about his call with Brad Rathfensburger, the Secretary 584 00:37:10,239 --> 00:37:14,560 Speaker 1: of State. Does this clue lawmakers? And should should we 585 00:37:14,600 --> 00:37:17,799 Speaker 1: assume that this will give the January six committee more 586 00:37:17,920 --> 00:37:21,520 Speaker 1: to do as more information comes out in other cases? Yeah, 587 00:37:21,560 --> 00:37:23,799 Speaker 1: as you're talking, Jack, I'm trying to figure out how 588 00:37:23,880 --> 00:37:26,840 Speaker 1: much an uber from New York City to Georgia costs, 589 00:37:26,840 --> 00:37:29,000 Speaker 1: because I guess the former mayor will be in one 590 00:37:29,239 --> 00:37:33,000 Speaker 1: headata out there. Um. You know, look at Rudy Giuliani. 591 00:37:33,239 --> 00:37:38,120 Speaker 1: He did what he said about sixty five thousand underage voters, felons, 592 00:37:38,120 --> 00:37:41,120 Speaker 1: and eight hundred dead people voted in Georgia. All of 593 00:37:41,160 --> 00:37:44,719 Speaker 1: those claims have been debunked. Today we find out through 594 00:37:44,880 --> 00:37:47,920 Speaker 1: his attorney that he is now a target of this investigation. 595 00:37:48,400 --> 00:37:52,759 Speaker 1: And the real issue I think here putting aside Rudy Giuliani, 596 00:37:52,880 --> 00:37:56,120 Speaker 1: and he is facing some serious legal jeopardy potentially in 597 00:37:56,120 --> 00:37:59,400 Speaker 1: this is what is this portend for the former president? 598 00:37:59,719 --> 00:38:04,200 Speaker 1: And you have many lawyers saying there's very difficult to, 599 00:38:05,040 --> 00:38:09,280 Speaker 1: you know, imagine that his attorney, Juliani is a target 600 00:38:09,320 --> 00:38:12,359 Speaker 1: of the d A in this investigation and Trump is not. 601 00:38:12,840 --> 00:38:15,880 Speaker 1: So I think once again we see that Donald Trump 602 00:38:15,920 --> 00:38:18,680 Speaker 1: at the center of an investigation in which he is 603 00:38:18,719 --> 00:38:22,000 Speaker 1: not only a player or a witness or something along 604 00:38:22,000 --> 00:38:25,480 Speaker 1: those lines, but potentially a target. And the ramifications are 605 00:38:25,560 --> 00:38:28,960 Speaker 1: very serious. And of course, as you talk about January six, 606 00:38:29,640 --> 00:38:32,839 Speaker 1: you know they are coming back, They're still interviewing, there 607 00:38:32,880 --> 00:38:36,080 Speaker 1: will be coming back in the fall. We imagine that 608 00:38:36,120 --> 00:38:39,040 Speaker 1: they become maybe coming back with their with their co 609 00:38:39,239 --> 00:38:41,880 Speaker 1: chair Liz Cheney, no longer going to be sitting in 610 00:38:41,880 --> 00:38:44,560 Speaker 1: the House if the polls are right, come next year, 611 00:38:44,920 --> 00:38:47,440 Speaker 1: and very much focused on doing what they can in 612 00:38:47,480 --> 00:38:51,080 Speaker 1: the next few months if potentially Republicans take over Congress 613 00:38:51,480 --> 00:38:54,719 Speaker 1: to get their report out. You couple that with what's 614 00:38:54,719 --> 00:38:56,440 Speaker 1: going on in New York and of course the FBI, 615 00:38:56,760 --> 00:38:59,880 Speaker 1: FBI rate and Mara Lago, and these are really serious 616 00:39:00,239 --> 00:39:04,560 Speaker 1: legal problems for the former president. Well, Jennie, you mentioned 617 00:39:04,560 --> 00:39:07,440 Speaker 1: Liz Cheney, and tomorrow is a Tuesday, so we have 618 00:39:07,520 --> 00:39:10,719 Speaker 1: got to at least check in on the elections coming up. 619 00:39:10,800 --> 00:39:15,759 Speaker 1: That is the Wyoming House primary, the Republican primary. Congresswoman 620 00:39:15,880 --> 00:39:20,120 Speaker 1: Liz Cheney obviously a key role on the January six Committee, 621 00:39:20,120 --> 00:39:23,440 Speaker 1: one of only two Republicans on it, faces Harriet Hageman, 622 00:39:23,560 --> 00:39:29,000 Speaker 1: who is Trump's chosen Republican candidate in that race. Uh. 623 00:39:29,040 --> 00:39:31,680 Speaker 1: And as Jennie said, if the polls are right, Uh, 624 00:39:31,760 --> 00:39:37,319 Speaker 1: she Congresswoman Cheney is uh is well behind Hagman. Rick, 625 00:39:38,080 --> 00:39:43,239 Speaker 1: especially as uh someone who has worked in Republican campaign politics. 626 00:39:43,880 --> 00:39:46,799 Speaker 1: I mean, does Cheney have a chance or is she? 627 00:39:46,920 --> 00:39:49,920 Speaker 1: Does she at this point know that she is about 628 00:39:49,960 --> 00:39:53,000 Speaker 1: to lose her primary? Yeah? I think that there's been 629 00:39:53,040 --> 00:39:57,640 Speaker 1: an expectation on uh, Liz Cheney's part that she wasn't 630 00:39:57,640 --> 00:40:00,440 Speaker 1: going to run her primary to be re elect did, 631 00:40:00,560 --> 00:40:03,759 Speaker 1: but she was gonna make a statement. And and when 632 00:40:03,760 --> 00:40:07,120 Speaker 1: you look at the advertising that she's done, it doesn't 633 00:40:07,120 --> 00:40:11,280 Speaker 1: even mention her opponent Hagaman. It mentions Donald Trump. Uh. 634 00:40:11,320 --> 00:40:15,479 Speaker 1: And when you see her speeches and her public appearances, Uh, 635 00:40:15,560 --> 00:40:18,920 Speaker 1: she talks about the need to cleanse our democracy and 636 00:40:19,000 --> 00:40:22,520 Speaker 1: keep Donald Trump from ever becoming president again, and doesn't 637 00:40:22,520 --> 00:40:24,759 Speaker 1: talk about what those issues are that are relevant to 638 00:40:24,800 --> 00:40:27,200 Speaker 1: the people of Wyoming. And so she's made a choice 639 00:40:27,200 --> 00:40:31,239 Speaker 1: a long time ago not to pursue the local agenda politically, 640 00:40:31,320 --> 00:40:35,080 Speaker 1: but to pursue a national one and insomuch as letting 641 00:40:35,080 --> 00:40:37,520 Speaker 1: the chips fall where they may. Uh. That's where she 642 00:40:37,640 --> 00:40:41,600 Speaker 1: is going into tomorrow's election significantly and underdog. She'll probably 643 00:40:41,640 --> 00:40:44,640 Speaker 1: overperform a little bit by Democrats voting in a Republican 644 00:40:44,680 --> 00:40:48,720 Speaker 1: primary to support her, but outside of a negligible increase 645 00:40:48,760 --> 00:40:52,160 Speaker 1: in her ballot, she's she's certainly, by all the polls 646 00:40:52,160 --> 00:40:55,600 Speaker 1: I've seen, likely to lose a landslide. We also want 647 00:40:55,640 --> 00:40:58,520 Speaker 1: to touch on the Pennsylvania Senate race. We know who 648 00:40:58,560 --> 00:41:01,040 Speaker 1: the candidates are there, the republic and his moment Oz 649 00:41:01,320 --> 00:41:04,960 Speaker 1: doctor Oz from tv UH, and the Democrat is John Fetterman, 650 00:41:05,000 --> 00:41:07,760 Speaker 1: the Lieutenant governor. I want to play you the beginning 651 00:41:08,000 --> 00:41:12,319 Speaker 1: of an ad that Oz put online. I saw it 652 00:41:12,320 --> 00:41:14,840 Speaker 1: on his Twitter account. Uh. This seemed to be the 653 00:41:14,920 --> 00:41:17,600 Speaker 1: kind of thing you might expect from a superpack that 654 00:41:17,640 --> 00:41:22,239 Speaker 1: a candidate himself wouldn't necessarily want to affiliate himself with 655 00:41:22,320 --> 00:41:25,239 Speaker 1: his is quite the attack on John Fetterman, who had 656 00:41:25,280 --> 00:41:28,160 Speaker 1: a stroke earlier this year. Here's the beginning of that, 657 00:41:28,560 --> 00:41:34,240 Speaker 1: uh that ad by moment Oz. Now that John Fetterman 658 00:41:34,320 --> 00:41:36,920 Speaker 1: claims to be recovering, let's pull back his foodie and 659 00:41:37,000 --> 00:41:40,919 Speaker 1: examine what's in his head. Looks like he has him screws, liss, 660 00:41:42,000 --> 00:41:47,200 Speaker 1: what's this Feederman wants to release one third of all prisoners. 661 00:41:47,520 --> 00:41:52,320 Speaker 1: That's crazy. So he goes through a number of policy 662 00:41:52,360 --> 00:41:57,160 Speaker 1: disagreements following up on the implication that Fetterman has not 663 00:41:57,280 --> 00:42:01,200 Speaker 1: actually recovered and in the words of that add has 664 00:42:01,239 --> 00:42:05,600 Speaker 1: some screws loose or is crazy? Genie, I'm I'm I'm 665 00:42:05,600 --> 00:42:07,920 Speaker 1: wondering if that is a winning ad. What do you 666 00:42:07,960 --> 00:42:11,560 Speaker 1: make of that? You know, I'm not sure that it's winning. Um. 667 00:42:11,600 --> 00:42:13,640 Speaker 1: You know Fetterman, as you mentioned just back on the 668 00:42:13,680 --> 00:42:16,960 Speaker 1: campaign trail, UM, he was talking in Eerie over the 669 00:42:16,960 --> 00:42:20,279 Speaker 1: weekend on his return about his health scare and that 670 00:42:20,440 --> 00:42:22,719 Speaker 1: is certainly a concern. I mean, he's got to be 671 00:42:22,880 --> 00:42:26,000 Speaker 1: healthy for the rest of this campaign, and he's got 672 00:42:26,000 --> 00:42:30,160 Speaker 1: to show that what happened three months ago he has recovered. Um. 673 00:42:30,200 --> 00:42:32,359 Speaker 1: But you look at the polls, real clear has him 674 00:42:32,400 --> 00:42:35,000 Speaker 1: up nine points. And I would just note we're hearing 675 00:42:35,040 --> 00:42:39,760 Speaker 1: today that the National Republican Senatorial Committee canceled ten million 676 00:42:39,800 --> 00:42:44,680 Speaker 1: dollars worth of advertising this fall, including in Pennsylvania. So 677 00:42:44,800 --> 00:42:48,040 Speaker 1: that bodes very very badly for somebody like Oz. It's 678 00:42:48,040 --> 00:42:50,640 Speaker 1: still going to be a tight race, but these polls 679 00:42:50,760 --> 00:42:55,440 Speaker 1: and the fundraising numbers and the n RSC canceling that 680 00:42:55,440 --> 00:42:58,399 Speaker 1: that can be a really bad sign from mement Oz 681 00:42:58,880 --> 00:43:01,319 Speaker 1: as he seeks to take a seat that, you know, 682 00:43:01,560 --> 00:43:04,640 Speaker 1: retain a Republican seat that, um, you know, they really 683 00:43:04,760 --> 00:43:07,640 Speaker 1: could have retained maybe if Trump hadn't gotten in on 684 00:43:07,680 --> 00:43:11,040 Speaker 1: this endorsement. Right before we close lightning round, Rick Davis, 685 00:43:11,080 --> 00:43:14,160 Speaker 1: do you think we're gonna be talking about Congresswoman Sarah Palin? 686 00:43:15,360 --> 00:43:19,440 Speaker 1: Very well could wake up Wednesday morning after the special 687 00:43:19,440 --> 00:43:22,640 Speaker 1: election in Alaska with Sarah Palin as a congressman and 688 00:43:22,760 --> 00:43:26,000 Speaker 1: very well could have her finishing third. So um, we're 689 00:43:26,000 --> 00:43:28,440 Speaker 1: gonna wait and see. Unfortunately, the way they ballot, we're 690 00:43:28,440 --> 00:43:30,200 Speaker 1: gonna have to wait a while to find out could 691 00:43:30,200 --> 00:43:32,760 Speaker 1: take a well with the ranked choice voting in Alaska. 692 00:43:32,760 --> 00:43:34,880 Speaker 1: A lot to look forward to. Thanks again to Congressman 693 00:43:34,960 --> 00:43:38,839 Speaker 1: Raja Krishnamurthy and John Barrett at St. John's University, as 694 00:43:38,840 --> 00:43:41,440 Speaker 1: well as Rick Davis and Jeannie she and Zano. I'm 695 00:43:41,520 --> 00:43:43,640 Speaker 1: Jack Fitzpatrick. This is Bloomberg.