1
00:00:00,400 --> 00:00:02,960
Speaker 1: We have no doubt and when the counts finished, Senator

2
00:00:03,040 --> 00:00:05,160
Speaker 1: Harris and I will be declared the winners. We think

3
00:00:05,160 --> 00:00:07,480
Speaker 1: it's going to be a lot of litigation because we

4
00:00:07,560 --> 00:00:10,440
Speaker 1: have so much evidence, so much proof. I ask everyone

5
00:00:10,480 --> 00:00:13,240
Speaker 1: to stay calm. The process is working. It's going to

6
00:00:13,360 --> 00:00:15,960
Speaker 1: end up perhaps at the highest court in the land.

7
00:00:16,280 --> 00:00:20,880
Speaker 1: This is special coverage of the election from Bloomberg Radio,

8
00:00:21,520 --> 00:00:24,560
Speaker 1: and this is a Bloomberg day Break special report. I'm

9
00:00:24,640 --> 00:00:28,480
Speaker 1: Nathan Hagar, I'm Amy Morris. The votes are still being counted,

10
00:00:28,680 --> 00:00:31,720
Speaker 1: legal challenges remain, but the path to the White House

11
00:00:31,880 --> 00:00:35,040
Speaker 1: is there for Joe Biden. Coming up over the next hour,

12
00:00:35,159 --> 00:00:38,040
Speaker 1: we examine the vote, the legal battle, and the path

13
00:00:38,120 --> 00:00:40,800
Speaker 1: ahead for a White House policy, plus how the next

14
00:00:40,800 --> 00:00:43,159
Speaker 1: steps could play out in the days and weeks to

15
00:00:43,280 --> 00:00:46,519
Speaker 1: come leading up to December's electoral College vote. That is

16
00:00:46,560 --> 00:00:49,680
Speaker 1: all straight ahead for now. Let's bring in Derek Wallbank,

17
00:00:49,760 --> 00:00:54,400
Speaker 1: Bloomberg's senior editor for breaking news. And Derek, of course,

18
00:00:54,480 --> 00:00:58,800
Speaker 1: the Biden team was hoping the news would break last night,

19
00:00:59,000 --> 00:01:01,760
Speaker 1: that they'd get to that magic number of two seventy.

20
00:01:02,320 --> 00:01:05,800
Speaker 1: What are the chances we see that news actually break

21
00:01:05,920 --> 00:01:09,520
Speaker 1: this weekend? Well, Nathan, I think that the chances of

22
00:01:09,560 --> 00:01:13,720
Speaker 1: getting a real sign of of where this is actually

23
00:01:13,800 --> 00:01:17,920
Speaker 1: going this weekend are actually fairly good. Um, you were

24
00:01:18,000 --> 00:01:21,640
Speaker 1: looking now overnight as you wake up in America. The

25
00:01:21,720 --> 00:01:24,760
Speaker 1: thing to know is that everything kind of kept pushing

26
00:01:24,800 --> 00:01:28,240
Speaker 1: the same direction that it was going. In Pennsylvania, you

27
00:01:28,280 --> 00:01:32,240
Speaker 1: saw the Biden lead expand again a little bit. It

28
00:01:32,319 --> 00:01:37,120
Speaker 1: expanded again in Georgia a little bit. In Arizona narrowed

29
00:01:37,160 --> 00:01:40,840
Speaker 1: a little bit, but not by enough that Donald Trump

30
00:01:40,880 --> 00:01:43,480
Speaker 1: needs to go and take over that state. So you

31
00:01:43,640 --> 00:01:47,400
Speaker 1: still see as as America wakes up today, Joe Biden

32
00:01:47,520 --> 00:01:51,480
Speaker 1: sort of standing on the precipice of victory with any

33
00:01:51,680 --> 00:01:56,120
Speaker 1: one of a couple of states possibly putting him over Derek.

34
00:01:56,240 --> 00:01:59,200
Speaker 1: The Trump campaign has already said it would pursue all

35
00:01:59,360 --> 00:02:02,440
Speaker 1: legal path in a vote fight. So catch us up

36
00:02:02,480 --> 00:02:05,400
Speaker 1: if you could about how many more paths the president

37
00:02:05,480 --> 00:02:09,440
Speaker 1: might have. Well, in terms of the legal challenges, you

38
00:02:09,520 --> 00:02:12,600
Speaker 1: are seeing a lot of things start to be filed

39
00:02:12,680 --> 00:02:17,040
Speaker 1: or threatened or or somehow previewed. Um And and it

40
00:02:17,240 --> 00:02:20,720
Speaker 1: kind of is. It's every single state. There's something going

41
00:02:20,800 --> 00:02:24,400
Speaker 1: on to various levels of severity. I think the biggest

42
00:02:24,440 --> 00:02:27,240
Speaker 1: one probably and where where a lot of the focuses

43
00:02:27,440 --> 00:02:32,160
Speaker 1: is in Pennsylvania, where um, the Supreme Court has gotten

44
00:02:32,200 --> 00:02:34,680
Speaker 1: a little bit involved to say that some of these

45
00:02:35,200 --> 00:02:38,760
Speaker 1: uh late arriving ballots need to be kind of put

46
00:02:38,800 --> 00:02:41,480
Speaker 1: to the side. And that was a fight that we

47
00:02:41,560 --> 00:02:45,200
Speaker 1: knew was coming, we we knew would be there. But Amy,

48
00:02:45,240 --> 00:02:47,800
Speaker 1: one of the things that I noticed here is it

49
00:02:47,919 --> 00:02:52,160
Speaker 1: might be a fight that's actually numerically irrelevant. And what

50
00:02:52,200 --> 00:02:54,960
Speaker 1: I mean by that is it's very, very possible that

51
00:02:55,000 --> 00:02:58,600
Speaker 1: when Pennsylvania stops counting all of the votes that everyone

52
00:02:58,639 --> 00:03:03,640
Speaker 1: agrees are regularly cast um, that the Biden margin is

53
00:03:03,760 --> 00:03:07,440
Speaker 1: so large there that the total votes in question in

54
00:03:07,440 --> 00:03:12,040
Speaker 1: this in this dispute, um will be will be less

55
00:03:12,040 --> 00:03:14,320
Speaker 1: than the Biden margin, and in which case it wouldn't

56
00:03:14,360 --> 00:03:17,480
Speaker 1: change the outcome. So that's when I think we're following,

57
00:03:17,480 --> 00:03:21,000
Speaker 1: though in Pennsylvania were definitely following that. UM. I think

58
00:03:21,040 --> 00:03:23,359
Speaker 1: that both sides are kind of agreed on the idea

59
00:03:23,440 --> 00:03:27,080
Speaker 1: that every vote should count, but Republicans are trying to

60
00:03:27,160 --> 00:03:30,840
Speaker 1: make a distinction to say every legal vote should count,

61
00:03:31,400 --> 00:03:35,360
Speaker 1: and then they're making some different definitions of the word legal.

62
00:03:35,680 --> 00:03:38,120
Speaker 1: But in practice, I think I would sum up by

63
00:03:38,160 --> 00:03:42,200
Speaker 1: saying that Biden right now is on track for a

64
00:03:42,400 --> 00:03:46,680
Speaker 1: victory that would be large enough to offset any of

65
00:03:46,680 --> 00:03:51,880
Speaker 1: these potential challenges that we have seen seriously filed. Assuming

66
00:03:51,960 --> 00:03:55,280
Speaker 1: numbers continue trending where they are, it does seem, Derek

67
00:03:55,360 --> 00:03:59,920
Speaker 1: as though Pennsylvania could very well be the decisive stay

68
00:04:00,280 --> 00:04:03,640
Speaker 1: as we do the math up to to seventy. But

69
00:04:03,680 --> 00:04:06,280
Speaker 1: we also know that there is probably going to be

70
00:04:06,360 --> 00:04:10,040
Speaker 1: a recount in Wisconsin. The margin is uh slim enough

71
00:04:10,120 --> 00:04:13,760
Speaker 1: there that it could trigger a recount should the Trump

72
00:04:13,800 --> 00:04:17,360
Speaker 1: campaign ask for one. And Georgia's secretary of state has

73
00:04:17,400 --> 00:04:21,480
Speaker 1: already said that the margin is so tight they're at

74
00:04:21,920 --> 00:04:25,599
Speaker 1: current count only about four thousand votes. There's definitely going

75
00:04:25,640 --> 00:04:30,599
Speaker 1: to be a recount. How could that sway things? Well, yeah, Nathan,

76
00:04:30,640 --> 00:04:34,200
Speaker 1: And and in Georgia, the overnight numbers are are ticked

77
00:04:34,240 --> 00:04:36,839
Speaker 1: up enough that when the AP updates it's totals, you'll

78
00:04:36,839 --> 00:04:39,400
Speaker 1: see that rise to about seven thousand for Biden, but

79
00:04:39,480 --> 00:04:43,080
Speaker 1: still well within that recount territory. UM. I do think

80
00:04:43,120 --> 00:04:45,760
Speaker 1: that that is a thing that's definitely in play. If

81
00:04:45,800 --> 00:04:49,040
Speaker 1: there's a recount. You're unlikely to see the AP call

82
00:04:49,200 --> 00:04:52,480
Speaker 1: one of those states because they tend not to do that,

83
00:04:53,080 --> 00:04:56,200
Speaker 1: uh in Pennsylvania. This is the one. This is the

84
00:04:56,200 --> 00:04:59,640
Speaker 1: one that I think we're all watching very very closely. There.

85
00:05:00,279 --> 00:05:02,280
Speaker 1: I'll give you a little bit of math that I

86
00:05:02,320 --> 00:05:06,640
Speaker 1: did during my day uh here overnight, which is which

87
00:05:06,680 --> 00:05:12,039
Speaker 1: is to say that under Pennsylvania rules, um, if the

88
00:05:12,080 --> 00:05:15,560
Speaker 1: margin is within point five of a percent, then you

89
00:05:15,600 --> 00:05:17,840
Speaker 1: can get to a recount. If it's above that, you

90
00:05:17,880 --> 00:05:20,080
Speaker 1: don't necessarily have to have that. So what does that

91
00:05:20,120 --> 00:05:23,600
Speaker 1: mean in raw votes? Somewhere in the ballpark of forty

92
00:05:23,720 --> 00:05:28,560
Speaker 1: thousand votes as a margin between Biden and Trump, and

93
00:05:28,640 --> 00:05:31,520
Speaker 1: right now it's in the upper twenty thousands. So it's

94
00:05:31,560 --> 00:05:33,920
Speaker 1: a reachable thing for Biden to be able to get

95
00:05:33,920 --> 00:05:38,240
Speaker 1: to a recount proof uh majority in the in the

96
00:05:38,240 --> 00:05:42,240
Speaker 1: Commonwealth of Pennsylvania. And if that happens, that helps there.

97
00:05:42,320 --> 00:05:45,520
Speaker 1: The other things that we're watching really really early, I

98
00:05:45,560 --> 00:05:49,080
Speaker 1: think in the day are that Nevada and Arizona should

99
00:05:49,120 --> 00:05:52,880
Speaker 1: have some additional numbers for us and those if those

100
00:05:52,960 --> 00:05:55,480
Speaker 1: put the counts in both of those states to bed,

101
00:05:55,880 --> 00:06:00,599
Speaker 1: then Pennsylvania is academic Derek Wallbank. We have quite a

102
00:06:00,640 --> 00:06:05,160
Speaker 1: lot to watch in the hours and potentially days to

103
00:06:05,279 --> 00:06:08,479
Speaker 1: come in these battleground states. It's just amazing to think

104
00:06:08,520 --> 00:06:13,200
Speaker 1: that so many battlegrounds remain in flux this far after

105
00:06:13,320 --> 00:06:16,200
Speaker 1: election day. But we knew with a pandemic on it

106
00:06:16,400 --> 00:06:18,920
Speaker 1: very well could have been like this. Derek Wallbank, Bloomberg

107
00:06:19,000 --> 00:06:20,920
Speaker 1: Senior editor for Breaking News, Thanks so much for being

108
00:06:21,000 --> 00:06:25,279
Speaker 1: with us this morning on this special edition of Bloomberg Daybreak.

109
00:06:25,320 --> 00:06:29,600
Speaker 1: I'm Nathan Hager alongside Amy Morris, and this is Bloomberg.

110
00:06:32,920 --> 00:06:37,520
Speaker 1: This is special coverage of the twenty election from Bloomberg Radio.

111
00:06:38,160 --> 00:06:40,520
Speaker 1: And this is a Bloomberg Daybreak special report. It is

112
00:06:40,560 --> 00:06:44,640
Speaker 1: seven seventeen on Wall Street. I'm Nathan Hager, I'm Amy Morris.

113
00:06:44,680 --> 00:06:47,800
Speaker 1: The votes are still being counted, Legal challenges remain, but

114
00:06:47,880 --> 00:06:50,480
Speaker 1: the path to the White House is there for Joe Biden.

115
00:06:50,880 --> 00:06:53,520
Speaker 1: Let's bring in Kevin's really now. Kevin is the chief

116
00:06:53,560 --> 00:06:58,040
Speaker 1: Washington correspondent for Bloomberg Radio and Television. Kevin, good morning

117
00:06:58,080 --> 00:07:00,480
Speaker 1: to you. Let's get caught up on what we may

118
00:07:00,520 --> 00:07:05,200
Speaker 1: have missed overnight. Joe Biden remains ahead in four key states,

119
00:07:05,360 --> 00:07:09,720
Speaker 1: ballots still being counted as we speak. President Trump continues

120
00:07:09,760 --> 00:07:12,760
Speaker 1: to push the idea of stopping the count that there

121
00:07:12,800 --> 00:07:16,160
Speaker 1: are some conspiracy theories surrounding this election. Where are we

122
00:07:16,280 --> 00:07:19,800
Speaker 1: right now? Good morning, Amy. Last night, Joe Biden speaking

123
00:07:19,840 --> 00:07:24,360
Speaker 1: from Wilmington, Delaware, delivering what largely what he was his

124
00:07:24,400 --> 00:07:27,360
Speaker 1: team was hoping would be an acceptance speech or a

125
00:07:27,400 --> 00:07:31,840
Speaker 1: declaratory speech of sorts. It turned into another speech urging

126
00:07:31,920 --> 00:07:34,960
Speaker 1: patience and calm, But he went on to say that

127
00:07:35,080 --> 00:07:38,120
Speaker 1: he is going to make sure that every vote is counted.

128
00:07:38,480 --> 00:07:41,280
Speaker 1: He also said that he believes he will win in

129
00:07:41,280 --> 00:07:44,600
Speaker 1: the battleground states of Georgia as well as Arizona, and

130
00:07:44,640 --> 00:07:46,200
Speaker 1: if he were to do that, Amy, he would be

131
00:07:46,240 --> 00:07:51,400
Speaker 1: the first Democratic candidate to do so since Bill Clinton. Meanwhile,

132
00:07:51,560 --> 00:07:54,720
Speaker 1: the Trump campaign, they're saying that they're willing to take

133
00:07:54,760 --> 00:07:57,120
Speaker 1: this all the way to the Supreme Court if they

134
00:07:57,320 --> 00:08:00,360
Speaker 1: if they want to. But behind the scenes, yes your day,

135
00:08:00,600 --> 00:08:04,000
Speaker 1: when I spoke with Republican members of Congress, they were

136
00:08:04,120 --> 00:08:08,360
Speaker 1: the President was met with a deep source of skepticism

137
00:08:08,400 --> 00:08:12,120
Speaker 1: about what the strategy is and how long the President

138
00:08:12,200 --> 00:08:15,480
Speaker 1: was willing to continue onward with this approach. Well, in

139
00:08:15,520 --> 00:08:19,320
Speaker 1: the meantime, as the president pursues this approach, Kevin, we

140
00:08:19,400 --> 00:08:25,080
Speaker 1: do have this very slow, protracted counting of mail in

141
00:08:25,280 --> 00:08:29,080
Speaker 1: votes that many of these states hadn't been equipped to

142
00:08:29,120 --> 00:08:31,760
Speaker 1: deal with up until now. Give us a sense of

143
00:08:31,800 --> 00:08:34,720
Speaker 1: where we are in terms of where the count is

144
00:08:35,240 --> 00:08:39,079
Speaker 1: in some of these battleground states, particularly Georgia, where the

145
00:08:39,760 --> 00:08:43,040
Speaker 1: where the margin is so razor thin right now, precisely

146
00:08:43,160 --> 00:08:47,240
Speaker 1: so Georgia, it's a it's it's incredibly a razor thin margin,

147
00:08:47,640 --> 00:08:50,080
Speaker 1: and it's it's something like less than a percentage point

148
00:08:50,080 --> 00:08:52,720
Speaker 1: according to some counts. But they're headed for a recount,

149
00:08:52,880 --> 00:08:57,000
Speaker 1: and recounts typically take at least several days. And that

150
00:08:57,160 --> 00:09:02,040
Speaker 1: is a very optimistic estimate. Uh, it can take several weeks,

151
00:09:02,440 --> 00:09:05,240
Speaker 1: and so we could be in mid November by the

152
00:09:05,280 --> 00:09:10,800
Speaker 1: time Georgia gets gets a result. Uh. In terms of Nevada,

153
00:09:10,920 --> 00:09:15,720
Speaker 1: UH that we're anticipating new vote counts from Clark County

154
00:09:16,200 --> 00:09:18,480
Speaker 1: of course, that's where Las Vegas is. We're anticipating new

155
00:09:18,559 --> 00:09:22,640
Speaker 1: vote counts sometime Nathan, within the next couple of hours

156
00:09:22,640 --> 00:09:25,600
Speaker 1: and throughout the weekend. And then in Pennsylvania where Joe

157
00:09:25,640 --> 00:09:29,720
Speaker 1: Biden yesterday surpassed President Trump in the vote total. Uh,

158
00:09:29,760 --> 00:09:33,840
Speaker 1: they're waiting for military absentee ballots and they're continuing to

159
00:09:33,960 --> 00:09:36,839
Speaker 1: count as well. To be frank with you, the Biden

160
00:09:36,920 --> 00:09:40,120
Speaker 1: campaign had wanted there to be one more state called

161
00:09:40,480 --> 00:09:43,480
Speaker 1: before he spoke at Wilmington, Delaware last night. He was

162
00:09:43,520 --> 00:09:45,679
Speaker 1: gonna speak at like seven o'clock at night. And then

163
00:09:45,760 --> 00:09:48,080
Speaker 1: I checked in with the source on the campaign and

164
00:09:48,120 --> 00:09:50,560
Speaker 1: what they told me was, well, they're still, you know,

165
00:09:50,600 --> 00:09:54,000
Speaker 1: they're waiting and optimistic that when he spoke, he would

166
00:09:54,000 --> 00:09:56,160
Speaker 1: get to that magic number, or at least one of

167
00:09:56,200 --> 00:09:58,920
Speaker 1: the networks or ap would have put him at to seventy.

168
00:09:58,960 --> 00:10:02,319
Speaker 1: But that just didn't have in and you know, and

169
00:10:02,400 --> 00:10:06,800
Speaker 1: now it's becoming a situation where you very much could

170
00:10:06,800 --> 00:10:12,480
Speaker 1: have someone declaring at to seventy uh, Joe Biden saying,

171
00:10:13,000 --> 00:10:17,160
Speaker 1: you know, thank you, I'm we're looking forward to being president,

172
00:10:17,280 --> 00:10:21,920
Speaker 1: and President Trump not conceding. Let's talk about the mood, Kevin.

173
00:10:22,000 --> 00:10:24,120
Speaker 1: You've talked to operatives on both sides at the aisle,

174
00:10:24,120 --> 00:10:26,880
Speaker 1: Trump supporters and Biden supporters. Have you been able to

175
00:10:26,920 --> 00:10:29,640
Speaker 1: gauge the mood, the sense of optimism or the sense

176
00:10:29,679 --> 00:10:33,480
Speaker 1: of determination. What's the temperature now? As I mentioned yesterday,

177
00:10:33,480 --> 00:10:36,360
Speaker 1: I spoke with several Republican members of Congress and and

178
00:10:36,400 --> 00:10:41,800
Speaker 1: they actually had a a a call with the Republican

179
00:10:41,880 --> 00:10:45,600
Speaker 1: Conference yesterday uh in in what would have been on

180
00:10:45,640 --> 00:10:49,079
Speaker 1: Capital Hill. But this obviously because of covid on via telephone,

181
00:10:49,480 --> 00:10:53,280
Speaker 1: and there's a sense amy of, well, we we made

182
00:10:53,320 --> 00:10:55,800
Speaker 1: gains in the House of Representatives and we're still competitive

183
00:10:55,840 --> 00:10:58,280
Speaker 1: in the Senate and when everyone was predicting a blue wave.

184
00:10:58,760 --> 00:11:01,680
Speaker 1: But at terms of the press residential level, I would

185
00:11:01,960 --> 00:11:06,600
Speaker 1: say that while publicly you're hearing potential candidates like Senator

186
00:11:06,640 --> 00:11:11,360
Speaker 1: Ted Cruz, Tom Cotton and others deliver statements saying every

187
00:11:11,480 --> 00:11:15,640
Speaker 1: legal vote must be counted, what you're not seeing is

188
00:11:16,040 --> 00:11:19,760
Speaker 1: a rush to a campaign war room or a legal barroom.

189
00:11:20,120 --> 00:11:23,160
Speaker 1: And that's where there's a lot of division. The president's

190
00:11:23,160 --> 00:11:26,240
Speaker 1: inner circle, his members of his family, they are in

191
00:11:26,320 --> 00:11:29,240
Speaker 1: contact very much and in some cases on the ground

192
00:11:29,640 --> 00:11:33,319
Speaker 1: in these battleground states. The president's personal attorney, Rudy Giuliani,

193
00:11:33,920 --> 00:11:37,120
Speaker 1: still very much briefing the president, talking to the President

194
00:11:37,679 --> 00:11:43,400
Speaker 1: about what's going on. But again, they it they don't

195
00:11:43,480 --> 00:11:50,640
Speaker 1: appear to necessarily have the entire Republican Party fullheartedly behind them, um.

196
00:11:50,720 --> 00:11:54,360
Speaker 1: And that's a that's a marked difference from other fights

197
00:11:54,400 --> 00:11:57,400
Speaker 1: that the president has been in, including impeachment and Mueller

198
00:11:57,480 --> 00:12:00,840
Speaker 1: and all that. And in terms of the legal strategy

199
00:12:00,920 --> 00:12:05,199
Speaker 1: that the President's team is pursuing Kevin. During the campaign,

200
00:12:05,840 --> 00:12:08,560
Speaker 1: we've been talking about how there had been such a

201
00:12:08,679 --> 00:12:14,200
Speaker 1: cash drain on the Trump side. Is there enough resources

202
00:12:14,360 --> 00:12:17,280
Speaker 1: for the President's side to mount the kind of multi

203
00:12:17,360 --> 00:12:21,720
Speaker 1: pronged legal fight that they're hinting at that they want. Well,

204
00:12:21,800 --> 00:12:25,040
Speaker 1: they have said that there is, and that that their

205
00:12:25,080 --> 00:12:27,880
Speaker 1: attorneys are are willing to file, you know, a state

206
00:12:27,880 --> 00:12:30,640
Speaker 1: by state claims and and they ultimately do feel that

207
00:12:30,679 --> 00:12:33,160
Speaker 1: if it should end up in the Supreme Court, that

208
00:12:33,200 --> 00:12:36,760
Speaker 1: it would be in their favor, you know. But it's

209
00:12:36,800 --> 00:12:40,400
Speaker 1: it's difficult to talk about the multi state legal approach, Nathan,

210
00:12:40,440 --> 00:12:43,000
Speaker 1: as you and I have talked about before, because we

211
00:12:43,040 --> 00:12:45,760
Speaker 1: don't have any source material in front of us, and

212
00:12:45,760 --> 00:12:49,080
Speaker 1: we and we there have not been briefings in the

213
00:12:49,240 --> 00:12:52,480
Speaker 1: sense typically with with this type of situation, you would

214
00:12:52,520 --> 00:12:56,800
Speaker 1: anticipate round the clock briefings and updates coming from the

215
00:12:56,840 --> 00:13:00,600
Speaker 1: President's re election campaign, and that just hasn't really started yet.

216
00:13:01,360 --> 00:13:04,040
Speaker 1: But it's unknown if they're working on that now. We

217
00:13:04,120 --> 00:13:07,040
Speaker 1: got reports yesterday Maggie Haberman at The New York Times

218
00:13:07,040 --> 00:13:10,440
Speaker 1: reporting that David Bossey had been hired to be a

219
00:13:10,559 --> 00:13:13,719
Speaker 1: lead figure on the legal fights by the president's re

220
00:13:13,800 --> 00:13:16,360
Speaker 1: election campaign. He had fallen out a favor at one

221
00:13:16,400 --> 00:13:20,240
Speaker 1: time with the President. Now apparently he's back in based

222
00:13:20,280 --> 00:13:24,240
Speaker 1: upon those developments. But that's what's going on on that side.

223
00:13:24,559 --> 00:13:28,800
Speaker 1: On Joe Biden's side, they are continuing to have meetings

224
00:13:28,800 --> 00:13:32,079
Speaker 1: about COVID nineteen updates. I can tell you I've spoken

225
00:13:32,120 --> 00:13:36,480
Speaker 1: directly with sources who are connected to his transition team.

226
00:13:36,800 --> 00:13:42,320
Speaker 1: They're having transition meetings. Yesterday, Uh, dal Jones reported that

227
00:13:42,400 --> 00:13:45,840
Speaker 1: Gary Gensler is going to be in a Biden administration,

228
00:13:45,880 --> 00:13:51,000
Speaker 1: the Wall Street oversight advisor. Uh So they're they're continuing

229
00:13:51,080 --> 00:13:55,920
Speaker 1: onward in terms of a transition. But it's interesting because

230
00:13:55,960 --> 00:13:58,560
Speaker 1: they also have to be careful because he still hasn't

231
00:13:58,559 --> 00:14:01,040
Speaker 1: reached two seventy and we got a lot more to

232
00:14:01,080 --> 00:14:05,079
Speaker 1: come as we continue to dive into the legal challenges

233
00:14:05,200 --> 00:14:08,280
Speaker 1: and just the simple vote count itself. As Uh, this

234
00:14:08,360 --> 00:14:11,920
Speaker 1: election certainly has gone into much more than overtime now.

235
00:14:12,040 --> 00:14:15,439
Speaker 1: Kevin Cirelli, Chief Washington correspondent for Bloomberg Radio and Television,

236
00:14:15,920 --> 00:14:17,720
Speaker 1: Thanks for being with us this morning. We're gonna be

237
00:14:17,760 --> 00:14:21,600
Speaker 1: checking back with you throughout this special edition of Bloomberg

238
00:14:21,720 --> 00:14:25,600
Speaker 1: Daybreak on the election process. Coming up, we'll have more

239
00:14:25,600 --> 00:14:27,760
Speaker 1: on the vote, the legal battle, and the path ahead

240
00:14:27,840 --> 00:14:31,160
Speaker 1: for White House policy straight ahead on this Bloomberg Daybreak

241
00:14:31,200 --> 00:14:35,040
Speaker 1: special report. I'm Nathan Hager alongside Amy Morris, and this

242
00:14:35,480 --> 00:14:41,320
Speaker 1: is Bloomberg. This is special coverage of the twenty election

243
00:14:41,640 --> 00:14:44,960
Speaker 1: from Bloomberg Radio. And this is a Bloomberg day Break

244
00:14:45,000 --> 00:14:48,080
Speaker 1: special report. I'm Nathan Hager, I'm Amy Morris. The votes

245
00:14:48,120 --> 00:14:50,360
Speaker 1: are still being counted, but the path to the White

246
00:14:50,360 --> 00:14:53,760
Speaker 1: House is there for Joe Biden. Coming up, we'll look

247
00:14:53,800 --> 00:14:57,720
Speaker 1: at the future of policy at Pennsylvania Avenue. Let's bring

248
00:14:57,760 --> 00:15:00,440
Speaker 1: in Greg Valiate now. He is the chief US policy

249
00:15:00,480 --> 00:15:04,160
Speaker 1: strategist at a g F Investments. Greg, good morning, do

250
00:15:04,200 --> 00:15:06,160
Speaker 1: you always a pleasure to have You want to pick

251
00:15:06,200 --> 00:15:09,080
Speaker 1: your brain a little bit this morning about Joe Biden.

252
00:15:09,520 --> 00:15:11,560
Speaker 1: We know he has a slight lead now, and if

253
00:15:11,600 --> 00:15:13,440
Speaker 1: he does hold on to that, and if the count

254
00:15:13,520 --> 00:15:16,200
Speaker 1: for Congress does remain the same, we could have a

255
00:15:16,240 --> 00:15:19,360
Speaker 1: Democrat in the White House, a democratically held House, and

256
00:15:19,400 --> 00:15:22,400
Speaker 1: a Republican Senate. I want to ask you about that scenario.

257
00:15:22,440 --> 00:15:26,240
Speaker 1: Do you see gridlock, a divided government, potential for cooperation?

258
00:15:26,280 --> 00:15:29,359
Speaker 1: What do you see, well, good morning, Amy, I'd say

259
00:15:29,360 --> 00:15:33,800
Speaker 1: primarily Gridlock. I think that if the Republicans hold onto

260
00:15:33,800 --> 00:15:37,000
Speaker 1: the Senate, and we can't be positive because of runoffs

261
00:15:37,040 --> 00:15:40,520
Speaker 1: on January six in Georgia, But if the Republicans control

262
00:15:40,520 --> 00:15:42,640
Speaker 1: of the Senate, I don't see a lot getting done,

263
00:15:42,680 --> 00:15:46,800
Speaker 1: and I certainly don't see big tax increases. Although, Greg,

264
00:15:47,120 --> 00:15:50,600
Speaker 1: we heard from Biden last night, of course, uh saying,

265
00:15:50,760 --> 00:15:54,000
Speaker 1: you know, expressing a message of patients, while at the

266
00:15:54,040 --> 00:15:56,400
Speaker 1: same time trying to look ahead, saying that he has

267
00:15:56,440 --> 00:15:58,760
Speaker 1: a lot of work to do on the pandemic, on

268
00:15:58,800 --> 00:16:03,520
Speaker 1: the economy, racial justice, and climate change. He's obviously laying

269
00:16:03,520 --> 00:16:07,120
Speaker 1: out an agenda. There is it possible for him to

270
00:16:07,320 --> 00:16:10,560
Speaker 1: pursue something of that agenda? Does he have a mandate

271
00:16:10,600 --> 00:16:14,160
Speaker 1: to do so? He might, Nathan, But at the same time,

272
00:16:14,520 --> 00:16:16,600
Speaker 1: I think a lot of the proposals that he's talking

273
00:16:16,640 --> 00:16:21,920
Speaker 1: about would run into stiff opposition from McConnell and McConnell's

274
00:16:21,960 --> 00:16:25,520
Speaker 1: Republican truths. So maybe a few things. The real tip

275
00:16:25,520 --> 00:16:30,080
Speaker 1: off will be how quickly we get confirmation of Biden's

276
00:16:30,120 --> 00:16:33,560
Speaker 1: cabinet secretaries. That could That could be a rocky process.

277
00:16:34,440 --> 00:16:37,320
Speaker 1: Now this count Greg is taking a very long time,

278
00:16:37,840 --> 00:16:40,240
Speaker 1: and I want to get your thoughts on what that

279
00:16:40,320 --> 00:16:42,400
Speaker 1: means for the nation. What I mean is, on the

280
00:16:42,440 --> 00:16:44,280
Speaker 1: one hand, it seems like it would be a good

281
00:16:44,280 --> 00:16:46,160
Speaker 1: thing that is taking a long time. It means a

282
00:16:46,200 --> 00:16:49,640
Speaker 1: lot of people voted, they participated the elections. Officials are

283
00:16:49,680 --> 00:16:54,080
Speaker 1: being exceedingly careful. But on the other hand, everybody's in limbo.

284
00:16:54,200 --> 00:16:56,520
Speaker 1: The whole country is just holding its breath. Is this

285
00:16:56,560 --> 00:16:59,840
Speaker 1: good or bad? It's bad. I think talk about how

286
00:17:00,400 --> 00:17:03,680
Speaker 1: this could be fraudulent, that the the election was rigged.

287
00:17:03,760 --> 00:17:05,960
Speaker 1: Some of the rhetoric from the President and his aids,

288
00:17:06,080 --> 00:17:09,520
Speaker 1: I think are not helpful. I do worry a little

289
00:17:09,600 --> 00:17:13,919
Speaker 1: about social unrest. If this UH persists for weeks without

290
00:17:13,960 --> 00:17:17,280
Speaker 1: any final resolution by the courts, I think that you

291
00:17:17,280 --> 00:17:20,520
Speaker 1: could see a lot of protests. Joe Biden has tried

292
00:17:20,560 --> 00:17:23,600
Speaker 1: to pitch himself as the kind of president who can

293
00:17:23,800 --> 00:17:26,840
Speaker 1: cool the temperature of the country and try to reach

294
00:17:26,880 --> 00:17:32,280
Speaker 1: out to those voters who supported President Trump. What kind

295
00:17:32,320 --> 00:17:35,920
Speaker 1: of challenge could he face if he does get those

296
00:17:35,960 --> 00:17:39,000
Speaker 1: two seventy key electoral votes and make it into the

297
00:17:39,000 --> 00:17:42,639
Speaker 1: White House. What kind of challenge does he face two

298
00:17:43,119 --> 00:17:47,040
Speaker 1: try to bind the nation's wounds. Well, primarily, I would

299
00:17:47,080 --> 00:17:51,000
Speaker 1: say from the Senate. Again, the most intriguing angle here,

300
00:17:51,080 --> 00:17:54,800
Speaker 1: I think, Nathan, is the relationship between Biden and McConnell.

301
00:17:54,840 --> 00:17:58,200
Speaker 1: They've known each other for decades, they've worked together pretty well.

302
00:17:58,640 --> 00:18:02,399
Speaker 1: Both are known as the expert dealmakers. So to be

303
00:18:02,480 --> 00:18:04,960
Speaker 1: a little optimistic this morning, I do see a glimmer

304
00:18:05,000 --> 00:18:07,399
Speaker 1: of hope that the two of them could get together.

305
00:18:07,600 --> 00:18:09,919
Speaker 1: And it would have to be close to the center,

306
00:18:10,000 --> 00:18:12,119
Speaker 1: not on the far left or far right. But I

307
00:18:12,119 --> 00:18:14,760
Speaker 1: think the two of them could get things done. So

308
00:18:14,840 --> 00:18:17,679
Speaker 1: that speaks a cooperation between the White House and the Senate.

309
00:18:17,720 --> 00:18:21,119
Speaker 1: But what does the next president, whether it's Trump or Biden,

310
00:18:21,480 --> 00:18:24,920
Speaker 1: face immediately on day one, what is the very first

311
00:18:24,960 --> 00:18:28,359
Speaker 1: job for that president? Covid, covid, covid. I think that

312
00:18:28,560 --> 00:18:31,240
Speaker 1: is by far the number one issue. I think that

313
00:18:31,560 --> 00:18:34,440
Speaker 1: first of all, Biden will bring back Dr Faucci from

314
00:18:34,480 --> 00:18:37,760
Speaker 1: you know, he's been in Siberia. I think Fauci thought

315
00:18:37,760 --> 00:18:41,439
Speaker 1: she becomes a be a big big player once once again.

316
00:18:41,800 --> 00:18:44,119
Speaker 1: They'll have to be a debate internally whether you shut

317
00:18:44,119 --> 00:18:46,680
Speaker 1: things down. I don't think that Biden would. I think

318
00:18:46,680 --> 00:18:50,560
Speaker 1: there'll be much tougher guidelines on masks and social distancing.

319
00:18:50,880 --> 00:18:53,600
Speaker 1: But I think it's more than anything else. It's COVID

320
00:18:53,840 --> 00:18:56,600
Speaker 1: and just quickly, Greg, I mean that raises the question

321
00:18:56,720 --> 00:19:00,240
Speaker 1: of stimulus as well, doesn't it. Yes, it does, big

322
00:19:00,280 --> 00:19:03,320
Speaker 1: issue for the markets. There will be a stimulus bill

323
00:19:03,480 --> 00:19:06,520
Speaker 1: steerless forecast. I can't tell you when, I can't tell

324
00:19:06,560 --> 00:19:08,760
Speaker 1: you how much it will cost, but I do think

325
00:19:08,800 --> 00:19:10,960
Speaker 1: in the next couple of months we have to have

326
00:19:11,000 --> 00:19:13,439
Speaker 1: another stimulus bill. All right, Greg, I want to build

327
00:19:13,440 --> 00:19:16,520
Speaker 1: on something that you said earlier about civil unrest. It

328
00:19:16,560 --> 00:19:18,480
Speaker 1: does seem like what the electorate wants to know is

329
00:19:18,480 --> 00:19:21,400
Speaker 1: not just who wins, but then what happens when one

330
00:19:21,440 --> 00:19:25,159
Speaker 1: candidate is declared the winner. Because businesses are still boarded up,

331
00:19:25,200 --> 00:19:28,360
Speaker 1: folks are not letting their guard down. What could possibly

332
00:19:28,400 --> 00:19:31,000
Speaker 1: happen over the next few weeks, Well, there could be

333
00:19:31,080 --> 00:19:34,480
Speaker 1: protests that there already are protests in New York, Portland's

334
00:19:34,480 --> 00:19:38,840
Speaker 1: many cities. And if the rhetoric over a rigged election

335
00:19:39,200 --> 00:19:43,720
Speaker 1: gets more harsh if a final winner has not been determined,

336
00:19:44,080 --> 00:19:48,760
Speaker 1: I think protests could spin out of control. Does it

337
00:19:48,800 --> 00:19:51,280
Speaker 1: make a difference that there could possibly be a split

338
00:19:51,520 --> 00:19:55,200
Speaker 1: within the Republican Party over whether to fight this vote

339
00:19:55,240 --> 00:19:57,880
Speaker 1: count and how far to take the fight. The key

340
00:19:58,000 --> 00:20:01,840
Speaker 1: is of the centrist Republicans. Will they start to speak

341
00:20:01,880 --> 00:20:04,840
Speaker 1: out more forcefully. We saw on the Wall Street Journal

342
00:20:04,880 --> 00:20:08,280
Speaker 1: this weekend and editorial saying that perhaps Donald Trump passed

343
00:20:08,280 --> 00:20:13,160
Speaker 1: to gracefully concede, but if the president does not gracefully succeed,

344
00:20:13,440 --> 00:20:15,920
Speaker 1: that's going to raise the temperature all around the country.

345
00:20:16,119 --> 00:20:19,879
Speaker 1: Greg Valier, chief US policy strategist for a GF Investments,

346
00:20:19,880 --> 00:20:22,240
Speaker 1: Thanks for being with us UH this morning. Greg on

347
00:20:22,280 --> 00:20:25,600
Speaker 1: this election special edition of Bloomberg Daybreak, and coming up

348
00:20:26,080 --> 00:20:28,200
Speaker 1: we'll get more on the legal battle for the White House,

349
00:20:28,200 --> 00:20:32,520
Speaker 1: how the pending and current lawsuits could play out potentially

350
00:20:32,920 --> 00:20:35,280
Speaker 1: on their way to the High Court. I'm Nathan Hager

351
00:20:35,320 --> 00:20:42,800
Speaker 1: alongside Amy Morris, and this is Bloomberg. This is special

352
00:20:42,800 --> 00:20:47,040
Speaker 1: coverage of the twenty election from Bloomberg Radio. And this

353
00:20:47,240 --> 00:20:50,680
Speaker 1: is a Bloomberg Daybreak special report. I'm Nathan Hager, I'm

354
00:20:50,680 --> 00:20:53,080
Speaker 1: Amy Morris. The path to the White Houses there for

355
00:20:53,359 --> 00:20:56,560
Speaker 1: Joe Biden, but a protracted legal battle could be in

356
00:20:56,640 --> 00:21:00,719
Speaker 1: the offing. Bloomberg Law host June Grasso is with us

357
00:21:00,760 --> 00:21:03,880
Speaker 1: now our resident legal expert. We take a look at

358
00:21:03,880 --> 00:21:08,200
Speaker 1: the flurry of legal activity that has accompanied this election.

359
00:21:08,359 --> 00:21:13,119
Speaker 1: Count June good Saturday morning. What are the cases? Good morning,

360
00:21:13,119 --> 00:21:15,760
Speaker 1: What are some of the cases that you're watching right now?

361
00:21:15,800 --> 00:21:18,760
Speaker 1: Obviously we've had quite a lot of them. What's got

362
00:21:18,800 --> 00:21:22,600
Speaker 1: your focus this morning? Well, the main case that we're

363
00:21:22,640 --> 00:21:27,640
Speaker 1: watching is the case in Pennsylvania. First because Pennsylvania is such,

364
00:21:27,880 --> 00:21:31,200
Speaker 1: you know, a swing state and so important in this election,

365
00:21:31,440 --> 00:21:33,639
Speaker 1: but also because that's the case. And by the way,

366
00:21:33,640 --> 00:21:36,960
Speaker 1: when I say Pennsylvania, there are several cases in Pennsylvania,

367
00:21:36,960 --> 00:21:39,800
Speaker 1: but there is one in particular, several cases, one that's

368
00:21:39,800 --> 00:21:42,680
Speaker 1: already been dismissed. But the case that I'm talking about

369
00:21:42,800 --> 00:21:45,840
Speaker 1: is the one that probably everyone has heard, and that

370
00:21:45,960 --> 00:21:48,480
Speaker 1: is about the ballots that come in late. And this

371
00:21:48,560 --> 00:21:51,760
Speaker 1: has already gone to the Supreme Court once. So the

372
00:21:51,760 --> 00:21:55,760
Speaker 1: Pennsylvania Supreme Court said it's okay to count ballots that

373
00:21:55,880 --> 00:21:58,639
Speaker 1: come in that three days after election day as long

374
00:21:58,680 --> 00:22:01,119
Speaker 1: as they're post my Violet and day. That went up

375
00:22:01,119 --> 00:22:03,600
Speaker 1: to the Supreme Court in a four to four decision.

376
00:22:03,960 --> 00:22:07,679
Speaker 1: The justices said we'll leave that in place for now

377
00:22:08,320 --> 00:22:13,520
Speaker 1: because the for the for the conservative justices said, you know,

378
00:22:13,720 --> 00:22:17,359
Speaker 1: we're open to leaving to discussing this later, maybe after

379
00:22:17,400 --> 00:22:20,879
Speaker 1: the election, because you have those ballots segregated, so that

380
00:22:20,960 --> 00:22:24,800
Speaker 1: makes it easier. Even so, that's why people are so

381
00:22:24,960 --> 00:22:28,359
Speaker 1: focused on Pennsylvania, because the Supreme Court has left the

382
00:22:28,359 --> 00:22:32,679
Speaker 1: door open to considering that again. And then there was

383
00:22:32,760 --> 00:22:37,000
Speaker 1: also an order by Justice Alito yesterday. This is sort

384
00:22:37,000 --> 00:22:40,040
Speaker 1: of kind of odd because the Republicans went to the

385
00:22:40,080 --> 00:22:44,119
Speaker 1: Supreme Court again and said they're not keeping those ballots segregated.

386
00:22:44,600 --> 00:22:47,879
Speaker 1: And Justice Alito was the justice for that um that

387
00:22:47,960 --> 00:22:54,320
Speaker 1: handles uh any special requests from that area, and he said, okay,

388
00:22:54,760 --> 00:22:58,000
Speaker 1: he ordered them to keep it segregated to the state officials,

389
00:22:57,960 --> 00:23:00,480
Speaker 1: which the state officials say, well, we're always already doing that.

390
00:23:00,640 --> 00:23:05,199
Speaker 1: So it's sort of it's unclear why the Pennsylvania Republicans

391
00:23:05,240 --> 00:23:09,280
Speaker 1: went up to the Supreme Court again. You know, it's confusing,

392
00:23:09,760 --> 00:23:13,440
Speaker 1: it's a little Well, that's what I wanted to ask about,

393
00:23:13,520 --> 00:23:16,159
Speaker 1: Jin because my original question to you was going to

394
00:23:16,240 --> 00:23:19,880
Speaker 1: be about the trip to the Supreme Court and how

395
00:23:20,000 --> 00:23:22,440
Speaker 1: the Supreme Court may receive a case like this. But

396
00:23:22,520 --> 00:23:25,359
Speaker 1: from where you're from, what you're telling me, it sounds

397
00:23:25,400 --> 00:23:27,720
Speaker 1: like it may not be just one trip to the

398
00:23:27,760 --> 00:23:30,160
Speaker 1: Supreme Court. We may see this go over and over

399
00:23:30,200 --> 00:23:34,199
Speaker 1: to the Supreme Court because our system of election is

400
00:23:34,400 --> 00:23:37,920
Speaker 1: decentralized all the way down to the district level. So

401
00:23:38,320 --> 00:23:41,440
Speaker 1: if the Trump campaign has cases it wants to bring

402
00:23:41,880 --> 00:23:46,400
Speaker 1: from district you know, just hypothetically one thirty nine out

403
00:23:46,480 --> 00:23:50,959
Speaker 1: of Nevada and District one seventy eight out of Pennsylvania,

404
00:23:51,200 --> 00:23:54,040
Speaker 1: you know, these different districts, we could see trips over

405
00:23:54,040 --> 00:23:56,280
Speaker 1: and over and over again to the Supreme Court. Could

406
00:23:56,320 --> 00:24:01,280
Speaker 1: be not well, theoretically you could, but remember something else.

407
00:24:01,320 --> 00:24:04,280
Speaker 1: You don't just go automatically to the Supreme Court. You

408
00:24:04,280 --> 00:24:07,760
Speaker 1: just can't. You know, even President Trump can't say they

409
00:24:07,760 --> 00:24:12,920
Speaker 1: did they they're not counting correctly. In Michigan, justices take

410
00:24:13,000 --> 00:24:15,720
Speaker 1: my case, you have to go through the steps. You

411
00:24:15,760 --> 00:24:18,399
Speaker 1: have to go to the lower court, and then the

412
00:24:18,440 --> 00:24:21,919
Speaker 1: lower court has to usually send it to the higher court.

413
00:24:22,200 --> 00:24:25,320
Speaker 1: So it's it's a process. And also not every kind

414
00:24:25,359 --> 00:24:27,320
Speaker 1: of case would go to the Supreme Court. Then the

415
00:24:27,359 --> 00:24:29,440
Speaker 1: Supreme Court has to decide are we going to take

416
00:24:29,440 --> 00:24:32,720
Speaker 1: this case or not. It takes four justices to decide

417
00:24:32,880 --> 00:24:35,280
Speaker 1: whether or not to take the case. So it's a

418
00:24:35,320 --> 00:24:38,720
Speaker 1: process and it's not quite as easy as President Trump

419
00:24:38,760 --> 00:24:41,399
Speaker 1: makes it sound when he says, I think the highest

420
00:24:41,400 --> 00:24:44,080
Speaker 1: Court is going to decide this, there's a lot of

421
00:24:44,119 --> 00:24:46,960
Speaker 1: steps in between. And also the question has to be

422
00:24:47,280 --> 00:24:49,760
Speaker 1: a question that the Supreme Court will deal with. Remember

423
00:24:49,800 --> 00:24:52,960
Speaker 1: Bush by Gore, that was the one case in our

424
00:24:53,040 --> 00:24:57,280
Speaker 1: history where the Supreme Court decided the outcome of an election,

425
00:24:57,359 --> 00:25:03,000
Speaker 1: and that was such a odd Your combination of circumstances

426
00:25:03,040 --> 00:25:06,320
Speaker 1: where you had five thirty seven votes in the state

427
00:25:06,440 --> 00:25:11,240
Speaker 1: that mattered in the election, the pivotal state, So that's

428
00:25:11,280 --> 00:25:16,320
Speaker 1: a very unusual circumstances. And I hope. I heard an

429
00:25:16,320 --> 00:25:19,439
Speaker 1: election law expert in one of the panels I was

430
00:25:19,440 --> 00:25:21,879
Speaker 1: listening to, said, I just hope for the sake of

431
00:25:21,920 --> 00:25:25,040
Speaker 1: the American people that it doesn't come down to Philadelphia,

432
00:25:25,200 --> 00:25:31,679
Speaker 1: to Pennsylvania because the laws there are the Republicans legislature

433
00:25:31,720 --> 00:25:36,159
Speaker 1: didn't really take care of the pre election laws the

434
00:25:36,160 --> 00:25:38,639
Speaker 1: way they should have. It didn't pass enough laws to

435
00:25:38,680 --> 00:25:41,040
Speaker 1: make it easier. And of course, the big difference this

436
00:25:41,080 --> 00:25:44,439
Speaker 1: type around June is that we have the potentiality of

437
00:25:44,480 --> 00:25:49,360
Speaker 1: having a number of states that could be decisive as

438
00:25:49,400 --> 00:25:52,200
Speaker 1: the as the vote county continues. And when you mentioned

439
00:25:52,240 --> 00:25:55,440
Speaker 1: the steps that have to be gone through. As you've

440
00:25:55,480 --> 00:25:58,920
Speaker 1: been watching this legal process play out, we know you've

441
00:25:58,960 --> 00:26:03,199
Speaker 1: already seen that the Trump side has been stymied and

442
00:26:03,400 --> 00:26:06,480
Speaker 1: a number of the steps that it's already tried to take.

443
00:26:06,560 --> 00:26:10,359
Speaker 1: The lower courts have thrown out a number of the

444
00:26:10,400 --> 00:26:14,240
Speaker 1: Trump sides complaints on the merits. What is the Trump

445
00:26:14,400 --> 00:26:18,840
Speaker 1: strategy right now? Is there a consistent legal strategy that

446
00:26:19,000 --> 00:26:21,359
Speaker 1: is being pursued at the moment, as far as you

447
00:26:21,359 --> 00:26:24,800
Speaker 1: can say, not that, And I can see and not

448
00:26:24,960 --> 00:26:27,560
Speaker 1: that any of the election law experts I've spoken to,

449
00:26:27,760 --> 00:26:30,480
Speaker 1: the many election law experts I've spoken to over the

450
00:26:30,560 --> 00:26:36,159
Speaker 1: last month, I can see what happens is they're what

451
00:26:36,200 --> 00:26:39,640
Speaker 1: they seem to be doing is just throwing everything at

452
00:26:39,680 --> 00:26:43,119
Speaker 1: the wall and seeing what sticks. So you have a

453
00:26:43,160 --> 00:26:47,480
Speaker 1: lot of these suits are about election law observers. So

454
00:26:47,520 --> 00:26:51,280
Speaker 1: you have Trump campaign observers that want to see what's

455
00:26:51,400 --> 00:26:54,280
Speaker 1: going on as they're counting the votes. Well they're allowed

456
00:26:54,320 --> 00:26:57,439
Speaker 1: to be there, but they're complaining about the access that

457
00:26:57,520 --> 00:27:00,960
Speaker 1: they have. For example, President Trump the other day said

458
00:27:00,960 --> 00:27:04,719
Speaker 1: we want a great victory in Pennsylvania. That victory was

459
00:27:04,760 --> 00:27:07,679
Speaker 1: that they got to get to within six feet of

460
00:27:07,840 --> 00:27:11,919
Speaker 1: where the uh the counters were the people counting the

461
00:27:11,920 --> 00:27:14,760
Speaker 1: ballots were as opposed to they were about ten or

462
00:27:14,840 --> 00:27:18,480
Speaker 1: twenty feet before. And remember something else, this is all

463
00:27:18,520 --> 00:27:21,919
Speaker 1: being live streamed, so the public can actually see what's

464
00:27:22,000 --> 00:27:25,720
Speaker 1: going on in these most of these places where they're

465
00:27:25,760 --> 00:27:28,399
Speaker 1: counting ballots. So that was the big victory that he

466
00:27:28,440 --> 00:27:31,080
Speaker 1: referred to. Those are the there's all there was. Also,

467
00:27:31,119 --> 00:27:33,640
Speaker 1: and you talked about cases being thrown out. The case

468
00:27:33,720 --> 00:27:37,399
Speaker 1: in Michigan was thrown out for that reason, and um,

469
00:27:37,520 --> 00:27:40,040
Speaker 1: these cases don't come back. You can't come back later

470
00:27:40,119 --> 00:27:43,240
Speaker 1: and say my people didn't get close enough, so let's

471
00:27:43,320 --> 00:27:46,359
Speaker 1: discount all the ballots. That's so that's sort of a

472
00:27:46,440 --> 00:27:49,680
Speaker 1: dead issue now. And in Georgia, one of the issues

473
00:27:49,760 --> 00:27:54,160
Speaker 1: they raised was someone claimed where the election observers claimed

474
00:27:54,600 --> 00:27:58,959
Speaker 1: that he saw a worker put ballots that came in

475
00:27:59,080 --> 00:28:02,920
Speaker 1: late with ballots that were on time. That was there

476
00:28:02,960 --> 00:28:04,639
Speaker 1: was no evidence of that when they took it to

477
00:28:04,680 --> 00:28:07,560
Speaker 1: the court. So there has to be evidence to support

478
00:28:07,600 --> 00:28:10,920
Speaker 1: these claims, and so far, in none of these cases

479
00:28:11,160 --> 00:28:15,439
Speaker 1: has there been an evidence. Legally, can the loser in

480
00:28:15,480 --> 00:28:22,520
Speaker 1: a presidential election continue the court fight even after January,

481
00:28:22,720 --> 00:28:29,119
Speaker 1: even after the inauguration, Can they amy that's a good question. No,

482
00:28:29,359 --> 00:28:34,880
Speaker 1: I think they probably after January. He's not the president

483
00:28:34,920 --> 00:28:39,880
Speaker 1: anymore and UM any so, any kind of lossy you

484
00:28:39,960 --> 00:28:42,959
Speaker 1: have to bring would most likely be dismissed by the

485
00:28:43,000 --> 00:28:46,080
Speaker 1: court because you have to say, well, what's the what

486
00:28:46,160 --> 00:28:48,880
Speaker 1: do you have at stake here? What's you're standing in

487
00:28:48,920 --> 00:28:51,120
Speaker 1: this case? You have to have a There has to

488
00:28:51,200 --> 00:28:54,720
Speaker 1: be a case or controversy for the court to consider it.

489
00:28:54,800 --> 00:28:58,400
Speaker 1: So what's the case or controversy at that point? I mean,

490
00:28:59,600 --> 00:29:03,080
Speaker 1: you could file the lawsuit, but I believe that it

491
00:29:03,120 --> 00:29:06,880
Speaker 1: would be dismissed outright. And at what point do you stop?

492
00:29:07,000 --> 00:29:09,560
Speaker 1: That's you know, that's a great question, because you know

493
00:29:09,640 --> 00:29:14,400
Speaker 1: President Trump and UM an election expertise I spoke to,

494
00:29:14,720 --> 00:29:18,680
Speaker 1: Justin Levitt, said that President Trump, if a doctor hit

495
00:29:18,760 --> 00:29:21,520
Speaker 1: him on the knee with a rubber mallet, would sue.

496
00:29:22,160 --> 00:29:25,360
Speaker 1: And that's been his history. I mean, that's he's sued

497
00:29:25,640 --> 00:29:28,360
Speaker 1: so many times in the past, and a lot of

498
00:29:28,400 --> 00:29:32,800
Speaker 1: those suits have gone nowhere. So would he suit. Possibly

499
00:29:32,840 --> 00:29:36,360
Speaker 1: he would, But at some point it's time to stop

500
00:29:36,440 --> 00:29:40,280
Speaker 1: the lawsuits and and move on. We have about a

501
00:29:40,320 --> 00:29:43,440
Speaker 1: minute left here. June. Of course, the president has been

502
00:29:43,520 --> 00:29:47,640
Speaker 1: questioning the validity of mail in ballots, at least rhetorically

503
00:29:48,360 --> 00:29:52,040
Speaker 1: in terms of that being a legal strategy. What kind

504
00:29:52,040 --> 00:29:55,920
Speaker 1: of threshold would the president have to meet to question

505
00:29:56,160 --> 00:30:00,720
Speaker 1: the validity of a mail in ballot in court? Well,

506
00:30:01,280 --> 00:30:04,960
Speaker 1: the whole issue here is that they have to show

507
00:30:05,120 --> 00:30:08,920
Speaker 1: evidence that there were some kind of fraud involved with

508
00:30:08,960 --> 00:30:11,200
Speaker 1: the mail and ballots. And I do have to say

509
00:30:11,240 --> 00:30:14,000
Speaker 1: that there is a mail in ballots are a little

510
00:30:14,000 --> 00:30:17,720
Speaker 1: more difficult than regular ballots, So there is a slightly

511
00:30:17,800 --> 00:30:22,480
Speaker 1: higher percentage of them that may get tossed or discounted

512
00:30:23,240 --> 00:30:26,760
Speaker 1: because people forgot to put it in the right envelope

513
00:30:26,960 --> 00:30:29,959
Speaker 1: or sign it. There are a lot of different steps

514
00:30:29,960 --> 00:30:31,480
Speaker 1: and a lot of people are not used to it,

515
00:30:31,600 --> 00:30:34,800
Speaker 1: So there is that. But the point is that he

516
00:30:34,920 --> 00:30:37,880
Speaker 1: would have to have a state where the number of

517
00:30:38,000 --> 00:30:42,040
Speaker 1: mail in ballots it's called the marginal litigation, so the

518
00:30:42,160 --> 00:30:44,400
Speaker 1: number of the mail in ballots has to be enough

519
00:30:44,520 --> 00:30:48,560
Speaker 1: for him to have victory in that state. So that's

520
00:30:48,600 --> 00:30:50,760
Speaker 1: a lot of mail in ballots. And if you look

521
00:30:50,800 --> 00:30:53,280
Speaker 1: at these cases that are that are pending there, they're

522
00:30:53,280 --> 00:30:56,880
Speaker 1: talking about a thousand ballots here, a thousand ballots there.

523
00:30:56,920 --> 00:31:00,680
Speaker 1: Even in Arizona it's ten thousand ballots, so not a lot,

524
00:31:01,120 --> 00:31:04,080
Speaker 1: not a lot of margin. June Grosso, host of Bloomberg Law,

525
00:31:04,160 --> 00:31:07,680
Speaker 1: are resident legal expert. Thanks for being with us this morning.

526
00:31:07,960 --> 00:31:10,040
Speaker 1: Stay tuned for another hour of complete coverage on the

527
00:31:10,720 --> 00:31:13,160
Speaker 1: election in the future of White House policy. I'm Nathan

528
00:31:13,160 --> 00:31:19,720
Speaker 1: Hagar alongside Amy Morris. This is Bloomberry. We have no

529
00:31:19,840 --> 00:31:22,360
Speaker 1: doubt that when the count is finished, Senator Harris and

530
00:31:22,400 --> 00:31:24,480
Speaker 1: I will be declared the winners. We think there's going

531
00:31:24,520 --> 00:31:26,920
Speaker 1: to be a lot of litigation because we have so

532
00:31:27,040 --> 00:31:30,040
Speaker 1: much evidence, so much proof. I ask everyone to stay calm.

533
00:31:30,320 --> 00:31:33,200
Speaker 1: The process is working. It's going to end up perhaps

534
00:31:33,280 --> 00:31:36,440
Speaker 1: at the highest court in the land. This is special

535
00:31:36,440 --> 00:31:40,160
Speaker 1: coverage of the twenty twenty election from Bloomberg Radio. And

536
00:31:40,320 --> 00:31:43,560
Speaker 1: this is a Bloomberg Daybreak special report. I'm Nathan Hagar,

537
00:31:43,960 --> 00:31:47,240
Speaker 1: Hi'm Amy Morris. The votes are still being counted, legal

538
00:31:47,320 --> 00:31:49,880
Speaker 1: challenges remain, but the path to the White House is

539
00:31:49,920 --> 00:31:52,600
Speaker 1: there for Joe Biden. Now coming up over the next hour,

540
00:31:52,840 --> 00:31:55,800
Speaker 1: we'll examine the vote and the legal battle, plus the

541
00:31:55,800 --> 00:31:58,640
Speaker 1: path ahead for White House policy, plus how the next

542
00:31:58,640 --> 00:32:00,960
Speaker 1: steps could play out in the days and weeks leading

543
00:32:01,040 --> 00:32:04,640
Speaker 1: up to December's Electoral College vote. That's all straight ahead.

544
00:32:04,880 --> 00:32:07,200
Speaker 1: We bring in Wendy Schiller, chair of the Political science

545
00:32:07,240 --> 00:32:10,600
Speaker 1: department at Brown University. Good to have you with us

546
00:32:10,680 --> 00:32:13,760
Speaker 1: this morning on this special program, Professor, and I want

547
00:32:13,800 --> 00:32:17,440
Speaker 1: to take a look at how this election process, this

548
00:32:17,520 --> 00:32:23,800
Speaker 1: protracted count is really affecting the political tenor in this country.

549
00:32:23,840 --> 00:32:27,080
Speaker 1: How much soul searching needs to be done by either

550
00:32:27,320 --> 00:32:31,840
Speaker 1: of the parties. Uh, now that this is all going on, well, um,

551
00:32:31,880 --> 00:32:35,000
Speaker 1: good morning, amazing, Good morning, Amy. I think that what's

552
00:32:35,040 --> 00:32:37,920
Speaker 1: interesting about the slow processes it's very frustrating, I think

553
00:32:37,960 --> 00:32:40,600
Speaker 1: now to people who voted for Joe Biden, who support

554
00:32:40,680 --> 00:32:43,120
Speaker 1: Joe Biden, who want this to be declared and to

555
00:32:43,280 --> 00:32:46,760
Speaker 1: move on. But in some ways it's actually you know,

556
00:32:46,800 --> 00:32:49,560
Speaker 1: it's giving people time to sort of get used to

557
00:32:49,600 --> 00:32:52,400
Speaker 1: this idea, and particularly people who who supported Trump. Now

558
00:32:52,400 --> 00:32:55,000
Speaker 1: we've seen examples of people who support Trump are going

559
00:32:55,040 --> 00:32:57,560
Speaker 1: down to the polling places, and you know, very few

560
00:32:57,600 --> 00:32:59,800
Speaker 1: cases seem to be sort of more agitated than not

561
00:33:00,120 --> 00:33:03,160
Speaker 1: mostly peaceful. But you know this, the longer this takes,

562
00:33:03,160 --> 00:33:06,360
Speaker 1: the more methodical it is, the more explanation of what's

563
00:33:06,360 --> 00:33:09,320
Speaker 1: going on, you know, the harder it is to challenge

564
00:33:09,360 --> 00:33:12,480
Speaker 1: the ultimate result as being fraudulent, and you're seeing that

565
00:33:12,560 --> 00:33:14,800
Speaker 1: now from Republican leaders who are kind of walking this

566
00:33:14,840 --> 00:33:17,360
Speaker 1: tight line. You're also seeing it from some conservative media

567
00:33:17,400 --> 00:33:20,000
Speaker 1: sources that are you know, strident, and there are sort

568
00:33:20,040 --> 00:33:22,680
Speaker 1: of in prime time but starting to say kind of

569
00:33:22,720 --> 00:33:24,520
Speaker 1: looks like Joe Biden's we president. We've got to get

570
00:33:24,560 --> 00:33:27,280
Speaker 1: used to the idea. So in some ways, the slowness

571
00:33:27,280 --> 00:33:31,320
Speaker 1: of the process, Nathan, maybe one of the blessings actually

572
00:33:31,680 --> 00:33:34,560
Speaker 1: of such a huge turnout and and absentee ballot and

573
00:33:34,560 --> 00:33:37,440
Speaker 1: mail in ballot, because it's giving people sort of time

574
00:33:37,440 --> 00:33:40,520
Speaker 1: to explain and time to get used to the idea.

575
00:33:40,880 --> 00:33:44,360
Speaker 1: Professor Schiller, we know the country is politically divided. You

576
00:33:44,400 --> 00:33:47,640
Speaker 1: can see that in these razor thin margins in this vote.

577
00:33:48,120 --> 00:33:49,800
Speaker 1: But i'd like to get your take on where we

578
00:33:49,840 --> 00:33:53,200
Speaker 1: are politically in this country where counting votes in a

579
00:33:53,240 --> 00:33:58,800
Speaker 1: presidential election seems to have become a source of political debate. Well, Amy,

580
00:33:58,840 --> 00:34:00,640
Speaker 1: it would be great to think, oh, this is the

581
00:34:00,680 --> 00:34:03,080
Speaker 1: first time people have far by counting votes, you know,

582
00:34:03,160 --> 00:34:06,000
Speaker 1: but I'm definitely all enough to have set through Bush v. Gore,

583
00:34:06,440 --> 00:34:09,239
Speaker 1: And of course we've had these controversies for you know,

584
00:34:09,239 --> 00:34:12,439
Speaker 1: a hundred and twenty years minimally, you know, we turned

585
00:34:12,440 --> 00:34:14,440
Speaker 1: to a different balloting system in the late eighteen hundreds,

586
00:34:14,440 --> 00:34:17,200
Speaker 1: about eighteen eighty eight going forward, which is sort of

587
00:34:17,200 --> 00:34:20,120
Speaker 1: office block, meaning you voted not for your party per se,

588
00:34:20,400 --> 00:34:23,680
Speaker 1: but you voted for individual offices and candidates. And ever

589
00:34:23,760 --> 00:34:27,240
Speaker 1: since then we've had a much more complicated voting apparatus,

590
00:34:27,280 --> 00:34:30,440
Speaker 1: So we've been challenging votes forever, you know, And I

591
00:34:30,480 --> 00:34:32,759
Speaker 1: think that's I think that's the interesting part. People are

592
00:34:32,800 --> 00:34:35,480
Speaker 1: so glued into its starting, glued and tuned in that

593
00:34:35,520 --> 00:34:37,480
Speaker 1: there now I know what a provisional ballot is, Like

594
00:34:37,560 --> 00:34:39,440
Speaker 1: I knew what it was before, but I didn't know

595
00:34:39,600 --> 00:34:42,520
Speaker 1: quite right. Right, You're gonna have people talking Thanksgiving about

596
00:34:42,520 --> 00:34:45,359
Speaker 1: provisional ballots in America. You know that's not bad thing.

597
00:34:46,280 --> 00:34:49,080
Speaker 1: Does this point to the deed for reform in how

598
00:34:49,239 --> 00:34:54,720
Speaker 1: the electoral process is done in this country? Yes? I think, Makedon,

599
00:34:54,800 --> 00:34:57,680
Speaker 1: I think I think. Listen, you know you speaking with

600
00:34:57,719 --> 00:35:00,279
Speaker 1: this idea that you're gonna have two million ballots coming

601
00:35:00,320 --> 00:35:02,319
Speaker 1: in on election day and you don't let people count

602
00:35:02,320 --> 00:35:04,239
Speaker 1: them when they come in. That's what the Pennsylvania State

603
00:35:04,280 --> 00:35:07,640
Speaker 1: Legislature did, because you can't start counting until election night. Clearly,

604
00:35:07,920 --> 00:35:10,360
Speaker 1: now we're looking at Pennsylvania, that is not good public

605
00:35:10,360 --> 00:35:13,759
Speaker 1: policy for anybody, for Trump supporters or for Biden supporters.

606
00:35:13,920 --> 00:35:16,280
Speaker 1: So there are some decisions that were made, I think

607
00:35:16,000 --> 00:35:19,000
Speaker 1: to process the enormous mail and ballast. But I think

608
00:35:19,040 --> 00:35:20,959
Speaker 1: the good news is that people will have more ways

609
00:35:21,000 --> 00:35:23,279
Speaker 1: of voting going forward. I do think they're going to

610
00:35:23,360 --> 00:35:25,760
Speaker 1: insist on having a lot of these options, and hopefully

611
00:35:25,800 --> 00:35:28,680
Speaker 1: that means more turnout, greater numbers of turnout in the future.

612
00:35:29,640 --> 00:35:32,920
Speaker 1: What does this mean looking ahead at for the electoral college?

613
00:35:32,920 --> 00:35:36,360
Speaker 1: How will the electoral College handle uh all of this

614
00:35:36,520 --> 00:35:38,600
Speaker 1: and what does it mean for the future of the

615
00:35:38,600 --> 00:35:41,359
Speaker 1: electoral college. There are those who have been calling for

616
00:35:41,440 --> 00:35:45,080
Speaker 1: it to be banned. So the electoral causes is to

617
00:35:45,600 --> 00:35:47,800
Speaker 1: two things I'll try to get in. One is state

618
00:35:47,920 --> 00:35:51,759
Speaker 1: legislatures can turn it from lunatic all to proportional representation.

619
00:35:51,960 --> 00:35:54,200
Speaker 1: That's all you need. You don't need to change the constitution.

620
00:35:54,360 --> 00:35:56,920
Speaker 1: You just change the way you allocate your electoral College delegates,

621
00:35:56,920 --> 00:35:58,560
Speaker 1: the way that the main in a breast that have done.

622
00:35:58,840 --> 00:36:01,160
Speaker 1: Every state can do that and it would be more fair.

623
00:36:01,320 --> 00:36:03,399
Speaker 1: Would it changed the outcome? In the end? We don't know,

624
00:36:03,800 --> 00:36:05,920
Speaker 1: but it would be more fair. And that is something

625
00:36:05,960 --> 00:36:08,959
Speaker 1: people can agitate at the local level for for the

626
00:36:08,960 --> 00:36:10,960
Speaker 1: their state legislature. So that's something you can do on

627
00:36:10,960 --> 00:36:13,360
Speaker 1: the ground going forward. The second thing is I am

628
00:36:13,400 --> 00:36:15,520
Speaker 1: a little nervous about the electoral college. It just turns

629
00:36:15,520 --> 00:36:18,520
Speaker 1: out to be super narrow, you know, faithless selectors of

630
00:36:18,600 --> 00:36:21,600
Speaker 1: Screme Court case this summer said basically, you can't really

631
00:36:21,640 --> 00:36:24,320
Speaker 1: do that. States can sort of punish you, pull you back, whatever.

632
00:36:24,600 --> 00:36:27,600
Speaker 1: But it's still nerve wracking if it's super close that

633
00:36:27,719 --> 00:36:31,200
Speaker 1: some people who go to electoral college um can defect

634
00:36:31,320 --> 00:36:33,439
Speaker 1: and from the popular vote in their state. Screme Court

635
00:36:33,480 --> 00:36:36,320
Speaker 1: decision is pretty clear that they believe the intent is

636
00:36:36,360 --> 00:36:38,080
Speaker 1: that you should follow a popular vote in your state,

637
00:36:38,200 --> 00:36:41,680
Speaker 1: whether it's legally bound or not. But still it's nerve wracking.

638
00:36:41,719 --> 00:36:43,320
Speaker 1: I think a lot of people are a little nervous

639
00:36:43,520 --> 00:36:45,839
Speaker 1: that we've got to get to that point to know

640
00:36:46,000 --> 00:36:49,399
Speaker 1: that this election result, whichever way it goes, will be

641
00:36:49,480 --> 00:36:53,239
Speaker 1: you know, solidified and cemented now. And it's really interesting,

642
00:36:53,840 --> 00:36:56,880
Speaker 1: even as we continue to watch the votes being counted,

643
00:36:56,920 --> 00:37:00,359
Speaker 1: President Trump is once again tweeting this more and he

644
00:37:00,640 --> 00:37:04,720
Speaker 1: sent out three tweets, uh, talking about tens of thousands

645
00:37:04,760 --> 00:37:09,319
Speaker 1: of illegally received votes after eight pm Tuesday, election day,

646
00:37:09,320 --> 00:37:12,200
Speaker 1: he says, totally and easily changing the results in Pennsylvania

647
00:37:12,239 --> 00:37:15,040
Speaker 1: and certain other razor thin states. It goes on from there,

648
00:37:15,080 --> 00:37:18,400
Speaker 1: But the rhetorical strategy that we're seeing from the President

649
00:37:18,440 --> 00:37:21,960
Speaker 1: as this count goes on, of uh, separating legal from

650
00:37:22,000 --> 00:37:24,799
Speaker 1: illegal votes as he sees them, is going to be

651
00:37:24,880 --> 00:37:28,359
Speaker 1: something to continue to watch very closely. Wendy Schuler, chair

652
00:37:28,400 --> 00:37:30,960
Speaker 1: of the Political Science Department at Brown University, thank you

653
00:37:31,040 --> 00:37:34,120
Speaker 1: for your insights this morning as we continue to watch

654
00:37:34,160 --> 00:37:37,720
Speaker 1: the count. Roll in of Nathan Hagar along with Amy Morrison,

655
00:37:37,760 --> 00:37:47,920
Speaker 1: and this is Bloomberg. This is special coverage of the

656
00:37:47,960 --> 00:37:52,200
Speaker 1: twenty election from Bloomberg Radio. And this is a Bloomberg

657
00:37:52,280 --> 00:37:55,920
Speaker 1: Daybreak special report. I'm Nathan Hager, I'm Amy Morris. The

658
00:37:55,920 --> 00:37:58,160
Speaker 1: path to the White House is there for Joe Biden,

659
00:37:58,200 --> 00:38:01,160
Speaker 1: but how much power will he have with a divided Congress.

660
00:38:01,600 --> 00:38:04,240
Speaker 1: Now we want to bring in Kevin Seilli, chief Washington

661
00:38:04,320 --> 00:38:08,200
Speaker 1: correspondent for Bloomberg Radio and Television. Kevin, A, good morning

662
00:38:08,239 --> 00:38:10,880
Speaker 1: to you. We have been high. We've been listening to

663
00:38:10,920 --> 00:38:13,840
Speaker 1: two very different messages from the candidates, Joe Biden talking

664
00:38:14,120 --> 00:38:17,919
Speaker 1: about unity, asking for people to be patient and stick

665
00:38:17,960 --> 00:38:21,040
Speaker 1: by him. President Trump meanwhile demanding the count be stopped.

666
00:38:21,040 --> 00:38:23,839
Speaker 1: How are those messages resonating. Well, Look, I think in

667
00:38:23,960 --> 00:38:26,399
Speaker 1: terms of what we saw last night from former Vice

668
00:38:26,400 --> 00:38:29,800
Speaker 1: President Joe Biden when he spoke in Wilmington, Delaware, quite frankly,

669
00:38:29,840 --> 00:38:33,359
Speaker 1: he wanted it to be a declaratory victorious speech, but

670
00:38:33,719 --> 00:38:35,719
Speaker 1: he wasn't able to get that because the state has

671
00:38:35,719 --> 00:38:37,720
Speaker 1: not been called that would get him to that magic

672
00:38:38,040 --> 00:38:41,200
Speaker 1: two hundred and seventy threshold. The count as it stands

673
00:38:41,200 --> 00:38:44,120
Speaker 1: now in the electoral College amie to sixty four to

674
00:38:44,280 --> 00:38:49,440
Speaker 1: two fourteen, with Biden leading. Meanwhile, Uh, they're still optimistic,

675
00:38:49,480 --> 00:38:52,880
Speaker 1: they're still earning urging patients. And he said something yesterday

676
00:38:52,920 --> 00:38:55,960
Speaker 1: though that I think many of the sources that I

677
00:38:56,000 --> 00:38:58,600
Speaker 1: was talking to throughout the day yesterday wanted to hear,

678
00:38:58,680 --> 00:39:02,240
Speaker 1: which was that they are making the legal threat still

679
00:39:02,280 --> 00:39:05,839
Speaker 1: seriously enough to make sure that they're prepared for it.

680
00:39:06,080 --> 00:39:07,560
Speaker 1: And he had a line in a speech where he

681
00:39:07,560 --> 00:39:11,240
Speaker 1: said that he would make sure that every vote was counted. Meanwhile,

682
00:39:11,280 --> 00:39:14,160
Speaker 1: President Trump also continuing to work with his inner circle

683
00:39:14,280 --> 00:39:18,560
Speaker 1: Jared Kushner Rudy Giuliani in order to pursue legal actions,

684
00:39:18,600 --> 00:39:21,520
Speaker 1: and they have been deployed, uh, some of them throughout

685
00:39:21,520 --> 00:39:23,920
Speaker 1: the country to some of these battleground states. So the

686
00:39:24,239 --> 00:39:30,000
Speaker 1: Biden team is exuding patients. The Trump team is indicating

687
00:39:30,120 --> 00:39:33,800
Speaker 1: that it is willing to take this fight through every

688
00:39:34,040 --> 00:39:38,239
Speaker 1: legal channel. If there is that sort of trepidation from

689
00:39:38,480 --> 00:39:42,680
Speaker 1: House Republicans, does that put pressure on the Trump side,

690
00:39:43,040 --> 00:39:47,560
Speaker 1: uh to perhaps not go as far as they have

691
00:39:47,680 --> 00:39:50,800
Speaker 1: expressed rhetorically that they're willing to go legally. Kevin, I

692
00:39:50,840 --> 00:39:53,000
Speaker 1: think that's a really smart point, Nathan, what you just

693
00:39:53,040 --> 00:39:58,920
Speaker 1: said about rhetorical arguments and media arguments versus the actual

694
00:39:59,040 --> 00:40:00,759
Speaker 1: nuts and bolts on the rounds in some of these

695
00:40:00,760 --> 00:40:05,160
Speaker 1: battleground states. Um, it's been difficult, I think for everyone

696
00:40:05,200 --> 00:40:09,160
Speaker 1: in the media to cover the legal elements of this

697
00:40:09,280 --> 00:40:13,520
Speaker 1: because we haven't really seen a cohesive legal message nor

698
00:40:13,600 --> 00:40:17,080
Speaker 1: strategy that could change. This is a very quickly evolving strategy.

699
00:40:17,719 --> 00:40:21,080
Speaker 1: But that that frustration, based upon my reporting, even when

700
00:40:21,120 --> 00:40:24,960
Speaker 1: I talked to members of Congress and who are Republicans,

701
00:40:25,360 --> 00:40:29,120
Speaker 1: they're feeling that as well. Um, And so the law

702
00:40:29,239 --> 00:40:32,439
Speaker 1: it's a long way of saying that I'm not sure

703
00:40:32,560 --> 00:40:35,440
Speaker 1: the president's legal team, with the addition of David Bossi,

704
00:40:35,520 --> 00:40:38,239
Speaker 1: who they've brought on, Jared Kushner has brought on, I'm

705
00:40:38,239 --> 00:40:43,880
Speaker 1: not sure they yet. As of now, UH have clearly

706
00:40:44,120 --> 00:40:48,480
Speaker 1: articulated nor rallied the Republican leadership and thought leaders at

707
00:40:48,520 --> 00:40:51,360
Speaker 1: this point behind them to get them all on the

708
00:40:51,360 --> 00:40:53,000
Speaker 1: same page. They know they're not speaking from the same

709
00:40:53,000 --> 00:40:57,120
Speaker 1: playbook today. And now, Kevin, there are some Biden supporters

710
00:40:57,120 --> 00:41:00,879
Speaker 1: who want to see Biden go ahead and act like

711
00:41:01,239 --> 00:41:04,240
Speaker 1: a president elect. You know, President Trump came out early

712
00:41:04,320 --> 00:41:08,879
Speaker 1: Wednesday morning and said he won. So they're looking at

713
00:41:08,960 --> 00:41:12,759
Speaker 1: Biden as someone who can stand up and say he won.

714
00:41:12,880 --> 00:41:15,560
Speaker 1: Why they're asking why Biden doesn't just go ahead and

715
00:41:15,600 --> 00:41:20,560
Speaker 1: claim that well, and Speaker Pelosi also mentioned him as

716
00:41:20,560 --> 00:41:23,200
Speaker 1: president elect Biden as well. So this is a I mean, Amy,

717
00:41:23,280 --> 00:41:26,640
Speaker 1: it's it's just remarkable to see the both sides in

718
00:41:26,760 --> 00:41:28,560
Speaker 1: terms of declaring victory. And I can tell you, based

719
00:41:28,600 --> 00:41:32,480
Speaker 1: upon my own reporting, that there was some internal deliberations

720
00:41:32,520 --> 00:41:35,080
Speaker 1: on the Trump side about how far he should have gone.

721
00:41:35,200 --> 00:41:38,600
Speaker 1: Some wanted him to go further on that speech on

722
00:41:38,680 --> 00:41:41,680
Speaker 1: election night in the early morning hours after um and

723
00:41:41,680 --> 00:41:44,359
Speaker 1: and the short answer is, well, some would some of

724
00:41:44,360 --> 00:41:46,600
Speaker 1: my sources tell me that what Biden already is doing

725
00:41:46,640 --> 00:41:50,240
Speaker 1: that uh he And it was reported yesterday that uh

726
00:41:50,320 --> 00:41:55,520
Speaker 1: Gary Gensler will be his Wall Street oversight advisor. Um,

727
00:41:55,560 --> 00:41:58,080
Speaker 1: based upon my reporting sources, you know, continue to tell

728
00:41:58,080 --> 00:42:01,200
Speaker 1: me that that Biden is being briefed on COVID nineteen,

729
00:42:01,760 --> 00:42:04,200
Speaker 1: that he is being briefed on the economy on yesterday's

730
00:42:04,239 --> 00:42:08,600
Speaker 1: unemployment numbers at six and you use you heard him

731
00:42:08,600 --> 00:42:12,520
Speaker 1: make mention to that, and so in practice, yes, in

732
00:42:13,000 --> 00:42:17,520
Speaker 1: in rhetoric, not yet the declaratory statements. It's not an

733
00:42:17,520 --> 00:42:21,640
Speaker 1: assessment of his tone right now. Always, Uh, Lame duck

734
00:42:21,719 --> 00:42:24,279
Speaker 1: sessions are tough stuff to get anything done in the

735
00:42:24,320 --> 00:42:27,680
Speaker 1: laptock session. What you have this kind of protracted count

736
00:42:27,719 --> 00:42:34,000
Speaker 1: going on, legal maneuvering and the need for a stimulus

737
00:42:34,080 --> 00:42:39,560
Speaker 1: or some sort of response to this resurging coronavirus pandemic.

738
00:42:39,600 --> 00:42:42,680
Speaker 1: I mean, there are a lot of factors uh coming

739
00:42:42,719 --> 00:42:46,360
Speaker 1: in here, Uh that could make it very difficult to

740
00:42:46,400 --> 00:42:48,640
Speaker 1: get something done in a lame duck cabin you know.

741
00:42:48,760 --> 00:42:50,879
Speaker 1: But here's here's the variable that I don't think we've

742
00:42:51,000 --> 00:42:53,680
Speaker 1: we've we've talked enough about and that's the uptaking COVID

743
00:42:53,760 --> 00:42:57,040
Speaker 1: nineteen cases, right, because you're seeing the uptick really have

744
00:42:57,120 --> 00:43:01,320
Speaker 1: to implement the policy in Europe, whether it's the k France, Germany,

745
00:43:01,360 --> 00:43:04,680
Speaker 1: and those governments, mind you, ideologically diverse in terms of politics.

746
00:43:05,040 --> 00:43:07,240
Speaker 1: So here the United States, we have been so focused

747
00:43:07,280 --> 00:43:09,800
Speaker 1: on the election that I don't think, uh, and maybe

748
00:43:09,800 --> 00:43:11,439
Speaker 1: we're a couple of weeks out from this, I don't

749
00:43:11,440 --> 00:43:15,080
Speaker 1: think that we've fully had a reconciliation of the upticking cases.

750
00:43:15,320 --> 00:43:18,560
Speaker 1: Hundred thousand plus cases in the United States. Another day

751
00:43:18,600 --> 00:43:20,680
Speaker 1: of a hundred thousand plus cases in the United States,

752
00:43:20,680 --> 00:43:24,400
Speaker 1: and mind you are Jennifer jacob scooping yesterday that Mark Meadows,

753
00:43:24,400 --> 00:43:28,680
Speaker 1: the President's chief of staff, also contracting COVID nineteen as well.

754
00:43:28,760 --> 00:43:31,280
Speaker 1: So you know that I say all of that because

755
00:43:31,280 --> 00:43:35,479
Speaker 1: COVID nineteen really could place pressure on local governments around

756
00:43:35,520 --> 00:43:37,920
Speaker 1: the country to to add more restrictions, and as a

757
00:43:37,960 --> 00:43:41,279
Speaker 1: result of that, that could force Congress to act in

758
00:43:41,360 --> 00:43:44,880
Speaker 1: terms of fiscal negotiations. Secretary Revenution and Speaker Pelosi, mind you,

759
00:43:45,200 --> 00:43:48,200
Speaker 1: both saying publicly uh this week that they're still going

760
00:43:48,239 --> 00:43:51,719
Speaker 1: to continue their deliberations. Kevin, let's build on a little

761
00:43:51,719 --> 00:43:54,240
Speaker 1: bit of what Nathan just asked you about. What Because

762
00:43:54,280 --> 00:43:56,640
Speaker 1: what we're basically boiling this down to is the business

763
00:43:56,680 --> 00:44:00,799
Speaker 1: of government and how it can continue while all of

764
00:44:00,800 --> 00:44:04,560
Speaker 1: this limbo is ongoing. What would the path ahead be

765
00:44:04,760 --> 00:44:08,480
Speaker 1: for White House policy even while we are in this

766
00:44:08,520 --> 00:44:11,680
Speaker 1: period of uncertainty? Does that have to freeze as well? No?

767
00:44:12,000 --> 00:44:14,080
Speaker 1: I mean, the US just took the weaker groups off

768
00:44:14,080 --> 00:44:17,440
Speaker 1: the terror lists yesterday and so and I mentioned that

769
00:44:17,560 --> 00:44:20,880
Speaker 1: because the government is still very much going on, and

770
00:44:20,880 --> 00:44:24,560
Speaker 1: I think that they're rightfully. The American people are are

771
00:44:24,640 --> 00:44:28,759
Speaker 1: focused on what's going on in terms of their elections. Uh.

772
00:44:28,760 --> 00:44:30,640
Speaker 1: And Amy, you and I have have talked about this

773
00:44:30,719 --> 00:44:35,319
Speaker 1: before almost you know, with millions and millions of Americans

774
00:44:36,040 --> 00:44:39,560
Speaker 1: voting um and you know, for the first time ever

775
00:44:39,600 --> 00:44:43,200
Speaker 1: such a dramatic increase in mail in ballots. Uh. It's

776
00:44:43,239 --> 00:44:46,640
Speaker 1: taking a couple of days at least for this process

777
00:44:46,680 --> 00:44:48,520
Speaker 1: to play out. But the process is playing out, whether

778
00:44:48,560 --> 00:44:51,440
Speaker 1: it's down in Georgia where there's going to be a recount,

779
00:44:52,080 --> 00:44:55,399
Speaker 1: or in Nevada, where we're anticipating over the next couple

780
00:44:55,400 --> 00:44:59,000
Speaker 1: of hours additional reports on ballots from Clark County, where

781
00:44:59,000 --> 00:45:02,240
Speaker 1: Nevada of course is low caated or in the judicial

782
00:45:02,280 --> 00:45:07,440
Speaker 1: system where the Trump campaign is continuing to exports legal options.

783
00:45:07,640 --> 00:45:14,319
Speaker 1: There's multiple process, process proceeds, Amy play, but they're playing out. Yeah,

784
00:45:14,440 --> 00:45:18,240
Speaker 1: and when you have a pandemic going on, we knew

785
00:45:18,280 --> 00:45:20,319
Speaker 1: this was going to take some time, and with a

786
00:45:20,400 --> 00:45:25,000
Speaker 1: resurgence of cases, it just reinforces the fact that this

787
00:45:25,120 --> 00:45:28,600
Speaker 1: count needs to be done not only carefully but safely.

788
00:45:28,920 --> 00:45:32,720
Speaker 1: So it's gonna take a while. Kevin cereali chief Washington

789
00:45:32,800 --> 00:45:35,960
Speaker 1: correspondent for Bloomberg Radio and Television. Thank you for getting

790
00:45:36,000 --> 00:45:39,680
Speaker 1: us up to speed. Here. I'm Nathan Hagar alongside Amy Morris,

791
00:45:39,680 --> 00:45:48,960
Speaker 1: and this is Bloomberg. This is special coverage of the

792
00:45:49,000 --> 00:45:53,160
Speaker 1: twenty twenty election from Bloomberg Radio. This is a Bloomberg

793
00:45:53,200 --> 00:45:56,880
Speaker 1: Daybreak special report. I'm Nathan Hagar, I have Amy Morris.

794
00:45:56,880 --> 00:45:59,080
Speaker 1: The votes are still being counted, but the path to

795
00:45:59,080 --> 00:46:01,960
Speaker 1: the White Houses are for Joe Biden. Let's bring in

796
00:46:02,040 --> 00:46:05,200
Speaker 1: Emily Wilkins, now Bloomberg Government reporters. She is with the

797
00:46:05,200 --> 00:46:09,320
Speaker 1: Biden campaign in Wilmington, Delaware. Good morning to you, Emily.

798
00:46:09,400 --> 00:46:11,680
Speaker 1: I wanted to ask you about the Biden camp, which

799
00:46:11,760 --> 00:46:14,520
Speaker 1: obviously has been holding its breath ready to release the

800
00:46:14,520 --> 00:46:17,000
Speaker 1: balloons and shoot the confetti cannon. They thought they might

801
00:46:17,040 --> 00:46:18,839
Speaker 1: be able to do that last night. Didn't work out

802
00:46:18,920 --> 00:46:22,920
Speaker 1: that way. So where are we now? So, as we

803
00:46:23,080 --> 00:46:27,160
Speaker 1: just heard, Biden is up in four major states. UH.

804
00:46:27,200 --> 00:46:29,919
Speaker 1: If he wins Pennsylvania day, if that is called for him,

805
00:46:30,239 --> 00:46:33,360
Speaker 1: that's it. UH. Nevada and Arizona is another pathway to

806
00:46:33,400 --> 00:46:36,640
Speaker 1: its victory. We're also looking at Georgia. We saw Biden

807
00:46:36,680 --> 00:46:40,000
Speaker 1: address the nation last night, and his remarks were far

808
00:46:40,080 --> 00:46:43,560
Speaker 1: more substantive than anything else we've heard since election night.

809
00:46:43,840 --> 00:46:47,080
Speaker 1: They were also forward looking. Biden began to talk about

810
00:46:47,239 --> 00:46:51,160
Speaker 1: uniting the country, putting anger aside, bringing people together, and

811
00:46:51,239 --> 00:46:54,719
Speaker 1: also began to talk about the response that his administration

812
00:46:54,760 --> 00:46:58,799
Speaker 1: would have the coronavirus. He's still not declaring victory, but

813
00:46:58,920 --> 00:47:02,080
Speaker 1: the speech we heard tonight from Biden was the speech

814
00:47:02,080 --> 00:47:04,400
Speaker 1: that we would expect from the next president of the

815
00:47:04,480 --> 00:47:08,360
Speaker 1: United States. What we expect Biden to make that speech

816
00:47:08,440 --> 00:47:14,920
Speaker 1: definitively once a projection at or past to seventy is reached,

817
00:47:15,040 --> 00:47:17,799
Speaker 1: or is he still going to put in that note

818
00:47:17,840 --> 00:47:23,600
Speaker 1: of caution given the uh seeming unwillingness of the current

819
00:47:23,600 --> 00:47:29,120
Speaker 1: president to um end this fight That's a great question.

820
00:47:29,320 --> 00:47:32,920
Speaker 1: At this point, the Biding campaign has been taking the calls, um,

821
00:47:33,120 --> 00:47:35,520
Speaker 1: the network calls and the AP calls for the states

822
00:47:35,600 --> 00:47:39,800
Speaker 1: as they come. The AP and Fox News declared Arizona

823
00:47:39,840 --> 00:47:42,360
Speaker 1: for him, and the Biding campaign has been counting that

824
00:47:42,520 --> 00:47:44,600
Speaker 1: in their total, despite the fact that some of the

825
00:47:44,680 --> 00:47:48,279
Speaker 1: other networks haven't called that state yet. But Biden does

826
00:47:48,480 --> 00:47:51,400
Speaker 1: have to be cautious here, you know. His message to

827
00:47:51,600 --> 00:47:54,799
Speaker 1: voters over the last several weeks has been that he

828
00:47:54,920 --> 00:47:58,560
Speaker 1: cannot declare victory, that Trump cannot declare victory, that it's

829
00:47:58,640 --> 00:48:02,319
Speaker 1: rather the networks, the polsters, the people counting. Who are

830
00:48:02,320 --> 00:48:04,680
Speaker 1: the ones who will say is definitively who is the

831
00:48:04,719 --> 00:48:08,640
Speaker 1: next president? Emily? What measures is Biden taking now in

832
00:48:08,719 --> 00:48:12,360
Speaker 1: order to hit the ground running when that presidential transition

833
00:48:12,400 --> 00:48:16,520
Speaker 1: gets underway, assuming he maintains his lead, wins the court battles,

834
00:48:16,520 --> 00:48:20,879
Speaker 1: and as officially declared the president elect. So Budden has

835
00:48:20,920 --> 00:48:24,239
Speaker 1: already started reaching out to individuals to help with his

836
00:48:24,320 --> 00:48:27,480
Speaker 1: transition team. UM A couple that we've heard of the

837
00:48:27,520 --> 00:48:31,280
Speaker 1: other day, a former Commodity Futures Treating Commissioner chairman Gary

838
00:48:31,360 --> 00:48:35,520
Speaker 1: Gensler and Keeping and executive down Grave are being tapped

839
00:48:35,560 --> 00:48:40,040
Speaker 1: to oversee financial regulations under a Biden administration. So we've

840
00:48:40,040 --> 00:48:42,560
Speaker 1: got a couple of names there. We also know that

841
00:48:42,600 --> 00:48:45,560
Speaker 1: Biden's reaching out to a number of other individuals trying

842
00:48:45,600 --> 00:48:48,759
Speaker 1: to put together that transition team. You got to think

843
00:48:48,800 --> 00:48:51,560
Speaker 1: there's a lot of jocking going around behind the scenes

844
00:48:51,680 --> 00:48:57,279
Speaker 1: as well for high senior administration official positions, even in

845
00:48:57,360 --> 00:49:02,200
Speaker 1: cabinet level positions. What are hearing in terms of who's

846
00:49:02,239 --> 00:49:06,160
Speaker 1: trying to get Biden's here right now? Well, I think

847
00:49:06,160 --> 00:49:08,640
Speaker 1: an important thing to keep in mind here is what

848
00:49:08,760 --> 00:49:11,280
Speaker 1: the Senate is going to look like at this point.

849
00:49:11,320 --> 00:49:14,840
Speaker 1: We don't know if we're headed for Republican controlled Senate

850
00:49:14,880 --> 00:49:17,440
Speaker 1: that's the most likely scenario. There is a potential that

851
00:49:17,480 --> 00:49:20,759
Speaker 1: you have at Senate which gives Democrats the slightest of

852
00:49:20,840 --> 00:49:25,239
Speaker 1: slight advantages. And look in a Senate like that, uh,

853
00:49:25,360 --> 00:49:27,759
Speaker 1: it might be a little bit hard to see uh,

854
00:49:28,440 --> 00:49:33,120
Speaker 1: Treasury Secretary Elizabeth barn or Labor Secretary Bernie Standards because

855
00:49:33,160 --> 00:49:36,200
Speaker 1: there's going to be some concern that that those individuals

856
00:49:36,239 --> 00:49:38,640
Speaker 1: need to remain in the Senate and needs to remain

857
00:49:38,840 --> 00:49:42,719
Speaker 1: solid Democratic vote. Biden is also probably going to have

858
00:49:42,800 --> 00:49:45,560
Speaker 1: to put forward a number of cabinet nominees who are

859
00:49:45,600 --> 00:49:49,480
Speaker 1: a little more moderate rather than some progressive names that

860
00:49:49,520 --> 00:49:54,440
Speaker 1: could face a lot of turbulence their nomination process in

861
00:49:54,480 --> 00:49:58,400
Speaker 1: the Senate. Emily, which states are the Biden campaign taking

862
00:49:58,440 --> 00:50:01,600
Speaker 1: note of at this hour? Pennsylvania, maybe an obvious one.

863
00:50:01,640 --> 00:50:05,080
Speaker 1: In Georgia, maybe the Surprise, But I'm wondering about Arizona

864
00:50:05,080 --> 00:50:10,080
Speaker 1: and Nevada. Well, the Biden campaign is pretty confident in

865
00:50:10,120 --> 00:50:13,399
Speaker 1: the AP and Foxes call of Arizona, but I think

866
00:50:13,520 --> 00:50:16,640
Speaker 1: everyone is still watching that one very closely at that point.

867
00:50:17,040 --> 00:50:20,319
Speaker 1: Um Nevada is obviously the other one. That Pennsylvania has

868
00:50:20,360 --> 00:50:23,840
Speaker 1: always been within the sites of the of teen Biden,

869
00:50:23,920 --> 00:50:26,000
Speaker 1: but I didn't spend so much time there. He started

870
00:50:26,040 --> 00:50:28,520
Speaker 1: election day there, he was there the day before election

871
00:50:28,600 --> 00:50:31,400
Speaker 1: day and the day before that. Pennsylvania has always been

872
00:50:31,400 --> 00:50:34,400
Speaker 1: a really key state for Biden in sort of building

873
00:50:34,400 --> 00:50:37,640
Speaker 1: back that blue wall of Wisconsin in Michigan and Pennsylvania

874
00:50:37,680 --> 00:50:40,560
Speaker 1: in the Midwest. And that's definitely one that his campaign

875
00:50:40,760 --> 00:50:42,600
Speaker 1: and I think the rest of us too, are watching

876
00:50:42,760 --> 00:50:46,040
Speaker 1: very very closely today and just thirty seconds here, Emily,

877
00:50:46,480 --> 00:50:50,600
Speaker 1: of psychologically, Pennsylvania is important as well as his childhood

878
00:50:50,640 --> 00:50:56,200
Speaker 1: home absolutely. When Biden visited Scratton, he visited his childhood home.

879
00:50:56,280 --> 00:50:59,000
Speaker 1: This is on election day. He met with the people

880
00:50:59,040 --> 00:51:01,400
Speaker 1: there and I think wrote on the wall some variation

881
00:51:01,480 --> 00:51:03,360
Speaker 1: of from this house to the White House, with the

882
00:51:03,400 --> 00:51:05,880
Speaker 1: grace of God. All right, We're going to continue to

883
00:51:06,120 --> 00:51:09,360
Speaker 1: see how it goes. It's Pennsylvania and a handful of

884
00:51:09,400 --> 00:51:12,680
Speaker 1: other states still in flux. On this Saturday morning, Bloomberg

885
00:51:12,680 --> 00:51:16,320
Speaker 1: Government reporter Emily Wilkins with us from Delaware, where biden

886
00:51:16,360 --> 00:51:19,520
Speaker 1: campaign headquarters is located in the capitol of Wilmington's Thank you,

887
00:51:19,560 --> 00:51:22,759
Speaker 1: Emily for joining us this morning. And straight ahead on

888
00:51:22,800 --> 00:51:26,120
Speaker 1: this Bloomberg Daybreak special report, We're gonna look ahead at

889
00:51:26,160 --> 00:51:30,360
Speaker 1: the path ahead for policy with the potential for gridlock

890
00:51:30,440 --> 00:51:32,560
Speaker 1: in Washington if it turns out that the blue wave

891
00:51:32,719 --> 00:51:36,800
Speaker 1: doesn't fully materialize. On Nathan Hagar along with Amy Morris

892
00:51:36,800 --> 00:51:41,480
Speaker 1: and Michael Barr nine on Wall Street, and this is Bloomberg.

893
00:51:48,040 --> 00:51:52,640
Speaker 1: This is special coverage of the twenty election from Bloomberg Radio.

894
00:51:53,160 --> 00:51:56,840
Speaker 1: And this is a Bloomberg Daybreak special report. I'm Nathan Hager,

895
00:51:57,000 --> 00:51:59,239
Speaker 1: I'm Amy Morris. The path to the White House is

896
00:51:59,320 --> 00:52:01,560
Speaker 1: there for Joe Biden, but how much power will we

897
00:52:01,680 --> 00:52:04,680
Speaker 1: have with a divided Congress. We bring you Greg Garow

898
00:52:05,080 --> 00:52:10,160
Speaker 1: are Bloomberg Government reporter covering Congress, which, like the presidential race,

899
00:52:10,480 --> 00:52:15,000
Speaker 1: remains somewhat influx, particularly uh in the In the Senate,

900
00:52:15,680 --> 00:52:18,600
Speaker 1: there's still a pretty good chance. Greg, I think it's

901
00:52:18,600 --> 00:52:23,080
Speaker 1: safe to say that Republicans retain control of the Senate,

902
00:52:23,160 --> 00:52:27,319
Speaker 1: but two key races in Georgia we're going to run off.

903
00:52:28,320 --> 00:52:31,719
Speaker 1: That's right. Um, So basically the Senate is forty to

904
00:52:31,840 --> 00:52:34,200
Speaker 1: forty eight. The Republicans are leading in races in North

905
00:52:34,200 --> 00:52:37,520
Speaker 1: Carolina and Alaska, which means those two runoffs in Georgia

906
00:52:37,600 --> 00:52:41,279
Speaker 1: could determine whether Republicans keep their majority or if the

907
00:52:41,320 --> 00:52:45,000
Speaker 1: Democrats can pull to a fifty fifty tie, which would

908
00:52:45,000 --> 00:52:48,040
Speaker 1: allow them to organize the Senate as a with a

909
00:52:48,120 --> 00:52:51,400
Speaker 1: tie breaking vote of a Vice President Kamala Harris. Provided

910
00:52:51,560 --> 00:52:54,319
Speaker 1: the Biden Harris ticket wins and Democrats are able to

911
00:52:54,480 --> 00:52:57,239
Speaker 1: unseek two Republican senators, that's the only way they can

912
00:52:57,239 --> 00:52:59,400
Speaker 1: do it. It's gonna be a tall order. So Republicans

913
00:52:59,520 --> 00:53:02,080
Speaker 1: are mortally than not to have a very narrow majority

914
00:53:02,280 --> 00:53:05,480
Speaker 1: when the new Congress convenes. You know, Greg, back in

915
00:53:05,520 --> 00:53:08,040
Speaker 1: two thousand. It was Florida, Florida, Florida that was the

916
00:53:08,120 --> 00:53:11,600
Speaker 1: pivotal state. UM break this down for us this time,

917
00:53:11,640 --> 00:53:13,919
Speaker 1: which state is more pivotal because it seems like Joe

918
00:53:13,920 --> 00:53:17,400
Speaker 1: Biden has several paths. He does have several paths. And

919
00:53:17,440 --> 00:53:20,880
Speaker 1: I think maybe the watchwhere this time is Pennsylvania. Pennsylvania, Pennsylvania,

920
00:53:21,000 --> 00:53:24,359
Speaker 1: or that's not easy to say three times. We could

921
00:53:24,360 --> 00:53:25,640
Speaker 1: We could be here all day if we said all

922
00:53:25,640 --> 00:53:28,279
Speaker 1: the states that were so close three times, but Pennsylvania

923
00:53:28,360 --> 00:53:30,680
Speaker 1: is one of them. Twenty electoral votes that alone would

924
00:53:30,680 --> 00:53:34,400
Speaker 1: get Joe Biden the presidency. So right now Biden's up

925
00:53:34,400 --> 00:53:36,799
Speaker 1: at about twenty nine thousand votes in that state. They're

926
00:53:36,800 --> 00:53:40,280
Speaker 1: about eighty nine thousand mail in ballots left to count

927
00:53:40,320 --> 00:53:43,799
Speaker 1: as of this morning, plus so called provisional ballots. Most

928
00:53:43,840 --> 00:53:46,440
Speaker 1: of these mail in ballots are in Philadelphia or in

929
00:53:46,480 --> 00:53:49,920
Speaker 1: the county that has Pittsburgh. These are very democratic counties,

930
00:53:49,960 --> 00:53:52,520
Speaker 1: and Biden has been winning these votes with more than

931
00:53:52,600 --> 00:53:57,160
Speaker 1: seventy percent of the vote because Biden had his wanted

932
00:53:57,200 --> 00:53:59,920
Speaker 1: his supporters to vote early, and Trump had his supporters

933
00:54:00,440 --> 00:54:02,560
Speaker 1: want to vote on election day. So these votes have

934
00:54:02,560 --> 00:54:05,080
Speaker 1: been trunning, very democratic. I would expect Biden's lead in

935
00:54:05,080 --> 00:54:08,600
Speaker 1: Pennsylvania increase. There was so much betting ahead of the

936
00:54:08,640 --> 00:54:11,680
Speaker 1: election greg of a blue wave in the markets, uh,

937
00:54:11,719 --> 00:54:16,400
Speaker 1: that we would see a Democratic takeover decisively, and obviously

938
00:54:16,760 --> 00:54:19,800
Speaker 1: we didn't get that this time around. Uh. That looks

939
00:54:19,840 --> 00:54:23,040
Speaker 1: like the House will hold onto its majority, though not

940
00:54:23,239 --> 00:54:27,319
Speaker 1: as uh as deep as it was in the current Congress.

941
00:54:27,360 --> 00:54:31,279
Speaker 1: What could that mean potentially for how leadership is made

942
00:54:31,360 --> 00:54:35,920
Speaker 1: up in the House. Well, I think it's hard to say, um,

943
00:54:35,960 --> 00:54:38,000
Speaker 1: how it's gonna affect the leadership structure. It could be

944
00:54:38,000 --> 00:54:40,400
Speaker 1: the same Democratic leadership. I mean, you do have some

945
00:54:40,560 --> 00:54:43,200
Speaker 1: leaders who one of the leaders Ben ray Luhan, a

946
00:54:43,320 --> 00:54:46,240
Speaker 1: top ranking House Democrat, did get elected to the Senate,

947
00:54:46,280 --> 00:54:48,560
Speaker 1: So there'll be a shuffle in the leadership down there.

948
00:54:48,560 --> 00:54:51,040
Speaker 1: But at the top of the leadership structure is Speaker

949
00:54:51,120 --> 00:54:53,360
Speaker 1: Nancy Pelosi, and she said she'd want to be Speaker

950
00:54:53,680 --> 00:54:56,000
Speaker 1: for one more term. I presume she would have the

951
00:54:56,080 --> 00:54:58,600
Speaker 1: votes to do it. Although there is some uh, you know,

952
00:54:58,680 --> 00:55:02,200
Speaker 1: frustration within Democrat ranks because they underperformed in this election.

953
00:55:02,440 --> 00:55:04,960
Speaker 1: They're going to lose seats when they fully expected and

954
00:55:05,000 --> 00:55:08,040
Speaker 1: predicted publicly multiple times that they would gain seats. But

955
00:55:08,080 --> 00:55:11,400
Speaker 1: they're going to have a reduced Democratic majority. How reduced

956
00:55:11,440 --> 00:55:13,920
Speaker 1: that is remains to be seen because we still have

957
00:55:13,960 --> 00:55:16,680
Speaker 1: a lot of uncalled races. But it just makes uh

958
00:55:17,280 --> 00:55:20,440
Speaker 1: pelos Seas that weakens the pelos sees negotiating power a

959
00:55:20,480 --> 00:55:22,960
Speaker 1: little bit because she doesn't have as many votes at

960
00:55:23,000 --> 00:55:26,319
Speaker 1: her disposal she did before. But Democrats will still have

961
00:55:26,920 --> 00:55:30,719
Speaker 1: a majority, but a narrow one. Does that then translate

962
00:55:30,800 --> 00:55:33,960
Speaker 1: greg into a mandate for those who are still holding

963
00:55:34,000 --> 00:55:36,960
Speaker 1: on to their seats in the House, And does that

964
00:55:37,040 --> 00:55:41,520
Speaker 1: then lead to not just gridlock, but maybe an opportunity

965
00:55:41,560 --> 00:55:44,160
Speaker 1: I try to be so sunshiny here, maybe an opportunity

966
00:55:44,400 --> 00:55:48,719
Speaker 1: for cooperation. Yes, well, one would hope there'd be opportunities

967
00:55:48,760 --> 00:55:51,280
Speaker 1: for cooperation, but it's really hard to see how that happens.

968
00:55:51,280 --> 00:55:53,200
Speaker 1: You're going to have a you know, if Biden is

969
00:55:53,200 --> 00:55:56,319
Speaker 1: elected president, that would be by uh, I mean he'll

970
00:55:56,320 --> 00:55:58,960
Speaker 1: win by four or five million votes, but you know,

971
00:55:59,200 --> 00:56:01,919
Speaker 1: uh by two, you know, three or four percentage points.

972
00:56:01,920 --> 00:56:03,759
Speaker 1: But in the Senate of the House, the Senate is

973
00:56:03,800 --> 00:56:09,440
Speaker 1: going to be fifty fifty or Republican or Republican. And

974
00:56:09,480 --> 00:56:11,239
Speaker 1: in the Senate, to get a lot of things done,

975
00:56:11,239 --> 00:56:15,000
Speaker 1: you often need sixty votes to advance major legislation in

976
00:56:15,040 --> 00:56:17,560
Speaker 1: the House. As we mentioned, it's gonna be a very

977
00:56:17,640 --> 00:56:20,560
Speaker 1: narrow majority for Nancy Pelosi and her Democrats. So you

978
00:56:20,600 --> 00:56:23,560
Speaker 1: have to wonder what kind of big things can pass

979
00:56:23,640 --> 00:56:27,160
Speaker 1: a Democratic controlled House, a Senate that's probably going to

980
00:56:27,200 --> 00:56:29,840
Speaker 1: be controlled by Republicans by very narrow margin and be

981
00:56:29,920 --> 00:56:33,279
Speaker 1: signed into law by a President Biden if he does

982
00:56:33,320 --> 00:56:36,560
Speaker 1: win the win this election. Pandemic relief, I think is

983
00:56:36,600 --> 00:56:38,359
Speaker 1: one thing you're gonna watch out for. But can they

984
00:56:38,400 --> 00:56:42,240
Speaker 1: agree on big ticket things like infrastructure? The two parties

985
00:56:42,239 --> 00:56:46,239
Speaker 1: are still very very uh divided on some major policies

986
00:56:46,280 --> 00:56:50,640
Speaker 1: on taxes and spending. And when you have a Senate

987
00:56:50,719 --> 00:56:54,640
Speaker 1: that is held by such tight margins, no matter which

988
00:56:54,719 --> 00:56:59,800
Speaker 1: party ultimately gains the majority, greg it gives leverage to

989
00:57:00,080 --> 00:57:04,080
Speaker 1: just about every Senator depending on whether they want to

990
00:57:04,080 --> 00:57:07,240
Speaker 1: try to pass something or hold up legislation, which often

991
00:57:07,360 --> 00:57:10,920
Speaker 1: happens in the Senate. How could this potentially come up

992
00:57:10,920 --> 00:57:15,080
Speaker 1: the works on the Senate side of the Capitol. Yeah, Senate,

993
00:57:15,120 --> 00:57:17,680
Speaker 1: it's going to be close to fifty. It does kind

994
00:57:17,680 --> 00:57:21,280
Speaker 1: of magnify the importance of maybe, you know, the few

995
00:57:22,280 --> 00:57:24,520
Speaker 1: senators remaining who are sort of in the middle of

996
00:57:24,560 --> 00:57:28,120
Speaker 1: their respective political caucuses. Ideologically, you want to look at

997
00:57:28,160 --> 00:57:31,280
Speaker 1: somebody like a Joe Mansion of West Virginia. We're probably

998
00:57:31,280 --> 00:57:34,520
Speaker 1: the most conservative Democrat and the Senate. Um he'll, I

999
00:57:34,560 --> 00:57:36,800
Speaker 1: mean he and he and Biden are friendly and they

1000
00:57:36,840 --> 00:57:39,080
Speaker 1: agree on a lot of things. But he's not from

1001
00:57:39,120 --> 00:57:43,080
Speaker 1: the progressive wing of the party. So um so, I

1002
00:57:43,080 --> 00:57:45,200
Speaker 1: mean he could be an important dealmaker in the Senate.

1003
00:57:45,480 --> 00:57:49,640
Speaker 1: On the Republican side, Senator Susan Collins from Maine was reelected.

1004
00:57:49,800 --> 00:57:52,680
Speaker 1: Uh perhaps you know, perhaps in a surprise. He was

1005
00:57:52,720 --> 00:57:54,840
Speaker 1: trailing in most of the polls. She's one of the

1006
00:57:54,960 --> 00:57:57,160
Speaker 1: rare moderates in the Senate. She's also someone to watch,

1007
00:57:57,400 --> 00:58:00,360
Speaker 1: someone who's gonna try and forge compromises with people like

1008
00:58:00,400 --> 00:58:02,120
Speaker 1: Joe Mansion on the other side of the aisle on

1009
00:58:02,240 --> 00:58:05,280
Speaker 1: things like pandemic relief. So those are senators to watch

1010
00:58:06,600 --> 00:58:09,000
Speaker 1: Senate because if just a couple of senators from one

1011
00:58:09,040 --> 00:58:11,720
Speaker 1: party joined the other party, they can you can get

1012
00:58:11,760 --> 00:58:15,280
Speaker 1: a majority that way and advance legislations. Will have to see,

1013
00:58:15,640 --> 00:58:17,480
Speaker 1: we have to see what the final result of the

1014
00:58:17,480 --> 00:58:21,320
Speaker 1: Senate is. Uh, have an idea of what kind of

1015
00:58:21,920 --> 00:58:24,880
Speaker 1: bipartisan opportunities there are in a in a Senate that's

1016
00:58:24,920 --> 00:58:28,520
Speaker 1: gonna be closely divided. We've been talking this morning about

1017
00:58:28,520 --> 00:58:31,880
Speaker 1: what job one might be for whomever does win the

1018
00:58:31,960 --> 00:58:34,919
Speaker 1: presidential race. But I want to ask you what job

1019
00:58:34,960 --> 00:58:38,040
Speaker 1: one might be for the House and Senate once the

1020
00:58:38,120 --> 00:58:42,480
Speaker 1: dust settles, and will it be the same job one. Well,

1021
00:58:42,520 --> 00:58:43,720
Speaker 1: the first things are going to do is they're going

1022
00:58:43,760 --> 00:58:46,560
Speaker 1: to organize their leadership. And in the Senate there's still

1023
00:58:46,640 --> 00:58:49,080
Speaker 1: some you know, suspense at least about who's going to

1024
00:58:49,080 --> 00:58:51,640
Speaker 1: be majority Leader's most likely going to be Mitch McConnell.

1025
00:58:51,920 --> 00:58:54,880
Speaker 1: But if if the Biden Harris ticket wins and the

1026
00:58:54,920 --> 00:58:57,520
Speaker 1: Democrats win those Georgia seats, you will have a fifty

1027
00:58:57,920 --> 00:59:00,440
Speaker 1: Senate with a Vice President Harris as a tie eyebreakers.

1028
00:59:00,440 --> 00:59:03,320
Speaker 1: So that could allowed Chuck Schumer to become the majority leader.

1029
00:59:03,320 --> 00:59:05,280
Speaker 1: But I do I do think the Republicans are more

1030
00:59:05,320 --> 00:59:09,160
Speaker 1: favored than not to hold their Senate majority. But Job one,

1031
00:59:09,200 --> 00:59:11,600
Speaker 1: I think is the pandemic relief um. You know, the

1032
00:59:11,840 --> 00:59:14,400
Speaker 1: latest tranche of aid ran out months ago and the

1033
00:59:14,400 --> 00:59:17,120
Speaker 1: two sides, the two parties could not agree on a

1034
00:59:17,320 --> 00:59:22,000
Speaker 1: on a relief package next to relief package before the election,

1035
00:59:22,760 --> 00:59:25,520
Speaker 1: and you know, we've all been so heavily focused on

1036
00:59:25,560 --> 00:59:28,320
Speaker 1: this election, we maybe we lose sights sometimes the fact that,

1037
00:59:28,600 --> 00:59:30,320
Speaker 1: you know, we had a record number of cases in

1038
00:59:30,360 --> 00:59:32,800
Speaker 1: the last couple of days, more than twenty five thousand.

1039
00:59:33,080 --> 00:59:35,680
Speaker 1: So I think once the dust settles for the elections,

1040
00:59:35,720 --> 00:59:37,840
Speaker 1: I think we're gonna come to the We're gonna come

1041
00:59:37,880 --> 00:59:41,280
Speaker 1: close to the hard realities of governing and realize that

1042
00:59:41,440 --> 00:59:43,360
Speaker 1: we have to really tackle this pandemic. I think that's

1043
00:59:43,400 --> 00:59:45,440
Speaker 1: on the minds of lawmakers and when it comes to

1044
00:59:45,560 --> 00:59:50,200
Speaker 1: longer term domestic policy issues. Greg Zorov Bloomberg Government, Uh,

1045
00:59:50,280 --> 00:59:52,160
Speaker 1: you got to think that it's going to be difficult

1046
00:59:52,400 --> 00:59:55,720
Speaker 1: for h a President Biden should have come to that

1047
00:59:56,080 --> 01:00:00,000
Speaker 1: to to pass something that could be a really uh

1048
01:00:00,200 --> 01:00:03,400
Speaker 1: big bore. Uh, it's gonna be a lot more difficult

1049
01:00:03,440 --> 01:00:05,760
Speaker 1: for him to pass something like a like a big

1050
01:00:05,800 --> 01:00:10,000
Speaker 1: tax package that could fund things like infrastructure or a

1051
01:00:10,600 --> 01:00:13,760
Speaker 1: some kind of overhauls of the health care system. Uh.

1052
01:00:13,800 --> 01:00:19,480
Speaker 1: What kind of domestic policy uh proposals could actually get

1053
01:00:19,520 --> 01:00:22,920
Speaker 1: through in the months to come under a divided government

1054
01:00:23,040 --> 01:00:27,240
Speaker 1: working with potentially a Senate majority. Leader Mitch McConnell, Yeah,

1055
01:00:27,280 --> 01:00:29,480
Speaker 1: it's a very good question. I think pandemic relief, I

1056
01:00:29,480 --> 01:00:31,760
Speaker 1: think they have to come in agreement on that. Just

1057
01:00:31,840 --> 01:00:35,160
Speaker 1: what the specifics are Um, I think, yeah, we have

1058
01:00:35,160 --> 01:00:36,800
Speaker 1: to watch out for that, but I think it would

1059
01:00:36,840 --> 01:00:40,200
Speaker 1: include some aid to businesses and hospitals. They have disagreed

1060
01:00:40,240 --> 01:00:42,040
Speaker 1: on aid to state governments. But I think you will

1061
01:00:42,080 --> 01:00:45,480
Speaker 1: see the two parties finally come together after the election

1062
01:00:45,520 --> 01:00:48,320
Speaker 1: on a next tranche of aid for pandemic relief. And

1063
01:00:48,400 --> 01:00:51,920
Speaker 1: we've talked about infrastructure for many months. Maybe the two

1064
01:00:51,960 --> 01:00:54,160
Speaker 1: sides finally agree on that, but we always people always

1065
01:00:54,240 --> 01:00:56,560
Speaker 1: joke about is it's going to be finally be infrastructure week?

1066
01:00:56,840 --> 01:00:59,680
Speaker 1: So you think they could probably agree on that, although

1067
01:00:59,720 --> 01:01:02,880
Speaker 1: we have that remains to be seen. But you're right though, Um,

1068
01:01:02,920 --> 01:01:05,360
Speaker 1: the Biden if if Joe Biden is elected president, he

1069
01:01:05,400 --> 01:01:09,320
Speaker 1: had a campaign platform that you know is very aspirational. Um,

1070
01:01:09,440 --> 01:01:11,520
Speaker 1: Now it's going to come to the hard realities of governing,

1071
01:01:11,640 --> 01:01:13,520
Speaker 1: and you know, you're not gonna be able to get

1072
01:01:13,680 --> 01:01:17,080
Speaker 1: a public option added to Medicare or or to the

1073
01:01:17,120 --> 01:01:19,160
Speaker 1: Affordable Care Act, or you're not gonna be able to

1074
01:01:19,240 --> 01:01:22,600
Speaker 1: increase taxes on people making four thousand dollars a year

1075
01:01:22,640 --> 01:01:24,800
Speaker 1: or more as Biden wants. You're not gonna get that

1076
01:01:24,920 --> 01:01:28,640
Speaker 1: through the Congress as we expect it will be currently composed.

1077
01:01:29,400 --> 01:01:31,440
Speaker 1: Greg what's on your agenda for today? What are you

1078
01:01:31,440 --> 01:01:35,640
Speaker 1: watching for in the next few hours on this Saturday, Well,

1079
01:01:35,680 --> 01:01:39,160
Speaker 1: the counts continue in the four states where voting Uh,

1080
01:01:39,240 --> 01:01:41,520
Speaker 1: I mean, I should say the talion continues that haven't

1081
01:01:41,520 --> 01:01:45,640
Speaker 1: been called. That's Pennsylvania, Georgia, Nevada, and Arizona. We should

1082
01:01:45,640 --> 01:01:50,400
Speaker 1: get updates, uh later this morning from Arizona and Nevada.

1083
01:01:50,880 --> 01:01:53,360
Speaker 1: In Arizona, that's the state where the president has been

1084
01:01:53,400 --> 01:01:57,480
Speaker 1: gaining on Biden in the tally, but not at the

1085
01:01:57,560 --> 01:02:01,320
Speaker 1: rate that he needs to overtake Biden in Arizona. In Nevada,

1086
01:02:01,480 --> 01:02:04,959
Speaker 1: Biden is up by almost two percentage points, and with UM,

1087
01:02:05,120 --> 01:02:08,120
Speaker 1: if he quinches Nevada and Arizona, the race is over

1088
01:02:08,160 --> 01:02:10,440
Speaker 1: because you'll have two hundred and seventy electoral votes. But

1089
01:02:10,800 --> 01:02:14,120
Speaker 1: as you mentioned earlier, Amy, Biden has several pasts of

1090
01:02:14,120 --> 01:02:17,600
Speaker 1: the presidency. He is also leading in Georgia, in Pennsylvania,

1091
01:02:17,640 --> 01:02:20,080
Speaker 1: and if he wins all four states, Biden will have

1092
01:02:20,120 --> 01:02:22,520
Speaker 1: three hundred and six electoral votes, well above the two

1093
01:02:22,600 --> 01:02:25,800
Speaker 1: seventy needed to win Greg Gerald, Bloomberg Government. Thank you

1094
01:02:25,840 --> 01:02:28,959
Speaker 1: for joining us on this very busy Saturday morning. Stay

1095
01:02:28,960 --> 01:02:31,960
Speaker 1: tuned for another hour of complete coverage of election and

1096
01:02:32,000 --> 01:02:34,640
Speaker 1: the future of White House policy. I'm Nathan Hagar with

1097
01:02:34,760 --> 01:02:43,160
Speaker 1: Amy Morris. This is Bloomberg. We have no doubt that

1098
01:02:43,200 --> 01:02:45,480
Speaker 1: when the countess finished, Senator Harris and I will be

1099
01:02:45,520 --> 01:02:47,400
Speaker 1: declared the winners. Do we think there's going to be

1100
01:02:47,560 --> 01:02:50,400
Speaker 1: a lot of litigation because we have so much evidence,

1101
01:02:50,440 --> 01:02:53,080
Speaker 1: so much proof. I ask everyone to stay calm. The

1102
01:02:53,160 --> 01:02:56,240
Speaker 1: process is working. It's going to end up perhaps at

1103
01:02:56,280 --> 01:02:59,600
Speaker 1: the highest court in the last This is special coverage

1104
01:02:59,600 --> 01:03:04,080
Speaker 1: of the from Bloomberg Radio, and this is a Bloomberg

1105
01:03:04,160 --> 01:03:07,640
Speaker 1: Daybreak special report. I'm Nathan Hagar, Hi'm Amy Morris. The

1106
01:03:07,720 --> 01:03:10,880
Speaker 1: vote still being counted, legal challenges remain, but the path

1107
01:03:11,000 --> 01:03:13,600
Speaker 1: to the White House is there for Joe Biden and

1108
01:03:13,680 --> 01:03:16,240
Speaker 1: coming up over the next hour, we'll examine the vote

1109
01:03:16,280 --> 01:03:18,880
Speaker 1: and the legal battle, as well as the path ahead

1110
01:03:18,920 --> 01:03:21,280
Speaker 1: for White House policy. Not only that, but how the

1111
01:03:21,320 --> 01:03:23,800
Speaker 1: next steps could play out in the days and weeks

1112
01:03:23,880 --> 01:03:27,720
Speaker 1: leading up to December's electoral College vote. All straight ahead.

1113
01:03:28,040 --> 01:03:31,480
Speaker 1: For now, we bring in Terry Haynes, founder of pangea policy.

1114
01:03:31,560 --> 01:03:34,840
Speaker 1: We should note Terry pushed back against the blue wave

1115
01:03:34,960 --> 01:03:38,560
Speaker 1: expectations that much of the market was looking for prior

1116
01:03:38,640 --> 01:03:41,640
Speaker 1: to election day. Terry, it does look as though we

1117
01:03:41,720 --> 01:03:45,200
Speaker 1: are going to have a divided government once all the

1118
01:03:45,280 --> 01:03:49,120
Speaker 1: dust settles. What is that going to mean for the

1119
01:03:49,160 --> 01:03:53,640
Speaker 1: mandate that Joe Biden is trying to put out there

1120
01:03:53,680 --> 01:03:58,080
Speaker 1: for things like UH, climate policy, UH, dealing with the

1121
01:03:58,120 --> 01:04:03,240
Speaker 1: economic setback, UH, dealing with the coronavirus. Well, I think

1122
01:04:04,320 --> 01:04:07,960
Speaker 1: that Vice President Biden is following in a long political

1123
01:04:08,000 --> 01:04:10,960
Speaker 1: tradition of trying to put the best face and in

1124
01:04:10,960 --> 01:04:16,240
Speaker 1: the most emphasis on exactly what he's what he's got

1125
01:04:16,280 --> 01:04:19,600
Speaker 1: out of this election. But the fact is there's no

1126
01:04:19,680 --> 01:04:23,120
Speaker 1: mandate for either side UH. And this is about as

1127
01:04:23,120 --> 01:04:27,240
Speaker 1: closely divided an election as possible. UH. And he's going

1128
01:04:27,280 --> 01:04:30,520
Speaker 1: to have to work with a Congress that is still

1129
01:04:31,120 --> 01:04:36,480
Speaker 1: very likely marginally Republican, but marginally Republican in the Senate

1130
01:04:36,880 --> 01:04:40,440
Speaker 1: and even more marginally Democratic in the House. What that

1131
01:04:40,480 --> 01:04:43,800
Speaker 1: means in practice is that you don't really have coherent

1132
01:04:43,960 --> 01:04:47,120
Speaker 1: or cohesive party structures. UH. You're gonna have a bunch

1133
01:04:47,120 --> 01:04:50,920
Speaker 1: of shifting coalitions that probably deal well with the fiscal

1134
01:04:51,120 --> 01:04:54,080
Speaker 1: things that need to happen. Probably you'll end up with

1135
01:04:54,160 --> 01:04:57,840
Speaker 1: a another stimulus in the one point five trillion to

1136
01:04:57,960 --> 01:05:00,400
Speaker 1: two trillion range, and you will continue you to have

1137
01:05:00,840 --> 01:05:04,400
Speaker 1: the parties agreeing on funding government pretty much in the

1138
01:05:05,320 --> 01:05:08,040
Speaker 1: realm that they've been doing for the last decade. But

1139
01:05:08,360 --> 01:05:10,800
Speaker 1: beyond that, I wouldn't look for a lot of policy changes.

1140
01:05:11,720 --> 01:05:14,880
Speaker 1: You mentioned the smaller margin of the Democratic majority in

1141
01:05:15,040 --> 01:05:18,520
Speaker 1: the House, and now how Speaker Nancy Pelosi's leadership there

1142
01:05:18,680 --> 01:05:23,240
Speaker 1: is being questioned, how's that factor into your outlook? UH? Well,

1143
01:05:23,280 --> 01:05:26,720
Speaker 1: I I I thought all along that the uh, the

1144
01:05:27,000 --> 01:05:29,800
Speaker 1: House was going to be less less democratic than it was.

1145
01:05:30,080 --> 01:05:32,960
Speaker 1: It was already a tiny majority of around seventeen seats,

1146
01:05:33,360 --> 01:05:36,120
Speaker 1: and it stood to reason that the there would be

1147
01:05:36,120 --> 01:05:38,120
Speaker 1: a lot of pressure on the Centrists that had won

1148
01:05:38,120 --> 01:05:41,160
Speaker 1: in twenty eighteen in Trump districts. Um. I think what's

1149
01:05:41,200 --> 01:05:43,680
Speaker 1: gonna end up happening is that I think there's an

1150
01:05:43,720 --> 01:05:47,120
Speaker 1: important part here with Pelosi that most people miss, which

1151
01:05:47,160 --> 01:05:49,480
Speaker 1: is that the deal that she made when she became

1152
01:05:49,600 --> 01:05:52,919
Speaker 1: Speaker against UH last year was that she would only

1153
01:05:52,920 --> 01:05:55,200
Speaker 1: serve two more terms. So going into this she'll be

1154
01:05:55,200 --> 01:05:58,000
Speaker 1: in her last term. Assuming she survives, at which I

1155
01:05:58,040 --> 01:06:01,760
Speaker 1: think she probably does probably continue to speaker but it

1156
01:06:02,000 --> 01:06:06,000
Speaker 1: but but no longer will the loyalty be there among Democrats. Uh,

1157
01:06:06,080 --> 01:06:09,240
Speaker 1: And no longer will the ability of Speaker Pelosi be

1158
01:06:09,360 --> 01:06:14,200
Speaker 1: there to uh to to bring these people into line

1159
01:06:14,200 --> 01:06:17,240
Speaker 1: and have them vote on a on a unified basis

1160
01:06:17,360 --> 01:06:21,480
Speaker 1: as they did on contentious things like safer impeachment for example. Uh,

1161
01:06:21,560 --> 01:06:24,040
Speaker 1: that won't be there. Uh. So you're gonna see less

1162
01:06:24,080 --> 01:06:28,200
Speaker 1: discipline in the Democrats, and you're gonna see more jockeying. Paradoxically,

1163
01:06:28,280 --> 01:06:31,320
Speaker 1: that might uh that might lead to more coalition building

1164
01:06:31,320 --> 01:06:34,720
Speaker 1: and more solutions. Uh, people start reaching across the aisle

1165
01:06:34,760 --> 01:06:36,200
Speaker 1: a little bit more, which would be a good thing

1166
01:06:36,200 --> 01:06:39,520
Speaker 1: for the country. Well, the President Biden be able to

1167
01:06:39,560 --> 01:06:43,760
Speaker 1: work that way, obviously, He's got decades of legislative experience

1168
01:06:43,840 --> 01:06:47,000
Speaker 1: in the Senate. Particularly how much pressure can he put

1169
01:06:47,080 --> 01:06:51,200
Speaker 1: on the House uh to uh to enact the kinds

1170
01:06:51,280 --> 01:06:56,080
Speaker 1: of policy agenda items that he campaigned on. I think

1171
01:06:56,120 --> 01:07:01,000
Speaker 1: almost none. In in reality, what you have is, uh,

1172
01:07:01,080 --> 01:07:03,880
Speaker 1: you know, the Biden Biden has two problems and you

1173
01:07:04,240 --> 01:07:06,240
Speaker 1: I will get to your question because yours is the

1174
01:07:06,280 --> 01:07:09,720
Speaker 1: second one, and it's important the first problem problem is

1175
01:07:09,760 --> 01:07:12,960
Speaker 1: that uh, he's gonna have to negotiate with a Republican

1176
01:07:13,000 --> 01:07:16,640
Speaker 1: majority Senate just to even put cabinet officials and senior

1177
01:07:16,640 --> 01:07:20,000
Speaker 1: regulators in place. Uh. There's about I think four thousand

1178
01:07:20,040 --> 01:07:22,880
Speaker 1: positions that are political positions in the United States government,

1179
01:07:23,240 --> 01:07:25,800
Speaker 1: the top that are required to be confirmed by the Senator,

1180
01:07:25,840 --> 01:07:30,320
Speaker 1: about thousands to fift hundreds somewhere in there. Uh. You know,

1181
01:07:30,440 --> 01:07:35,600
Speaker 1: unless the Republican Senate agrees with Biden on who should

1182
01:07:35,640 --> 01:07:38,040
Speaker 1: be in there, he doesn't get nominees. So he's already

1183
01:07:38,040 --> 01:07:41,520
Speaker 1: gonna have to trim his sales and pushed back against

1184
01:07:41,560 --> 01:07:46,600
Speaker 1: the progressives in his own party, which uh, which have

1185
01:07:46,760 --> 01:07:50,720
Speaker 1: had two conflicting things going on. The first thing is, uh,

1186
01:07:50,800 --> 01:07:53,360
Speaker 1: they haven't been enthusiastic about the Biden Harris ticket. And

1187
01:07:53,360 --> 01:07:55,280
Speaker 1: the second thing is, now that it looks like Biden's

1188
01:07:55,280 --> 01:07:58,720
Speaker 1: gonna win, Uh, they're starting to demand things uh and

1189
01:07:59,000 --> 01:08:00,960
Speaker 1: demand things which of course they can't get in this

1190
01:08:01,040 --> 01:08:05,120
Speaker 1: divided government. Now to the House, and much more shortly, Uh,

1191
01:08:05,240 --> 01:08:07,680
Speaker 1: you have still even although you still have some of

1192
01:08:07,720 --> 01:08:10,800
Speaker 1: those centrists in place, the vast majority of the House

1193
01:08:11,440 --> 01:08:15,720
Speaker 1: is the progressives and on the Democratic side, and those

1194
01:08:15,720 --> 01:08:20,320
Speaker 1: progressives are people who don't want any part of a

1195
01:08:20,720 --> 01:08:23,680
Speaker 1: moderate agenda, and we'll push back strongly against it. So

1196
01:08:23,720 --> 01:08:27,240
Speaker 1: I think Biden has almost no ability to extract discipline

1197
01:08:27,240 --> 01:08:31,719
Speaker 1: from his own party. Terry Haynes, founder of Pangia Policy.

1198
01:08:31,880 --> 01:08:35,000
Speaker 1: Always giving us a clarity when it comes to the

1199
01:08:35,120 --> 01:08:39,439
Speaker 1: policy path forward, uh, something that's sorely needed as we

1200
01:08:39,840 --> 01:08:44,600
Speaker 1: continue to navigate a vote count that is still not

1201
01:08:45,040 --> 01:08:49,400
Speaker 1: entirely clear, although the focus is coming in a little

1202
01:08:49,400 --> 01:08:51,679
Speaker 1: bit more as we head through this weekend. Terry Haynes

1203
01:08:51,720 --> 01:08:53,800
Speaker 1: of Pangia Policy, Again, thank you for being with us

1204
01:08:53,800 --> 01:08:56,960
Speaker 1: this morning. I'm Nathan Hagar along with Amy Morris. This

1205
01:08:57,920 --> 01:09:07,479
Speaker 1: is Bloomberg. This is special coverage of the twenty twenty

1206
01:09:07,560 --> 01:09:11,879
Speaker 1: election from Bloomberg Radio, and this is a Bloomberg Daybreak

1207
01:09:11,960 --> 01:09:15,280
Speaker 1: special report. I'm Nathan Hagar. Hi'm Amy Morris. The votes

1208
01:09:15,360 --> 01:09:18,360
Speaker 1: still being counted, legal challenges remain, but the path to

1209
01:09:18,400 --> 01:09:21,080
Speaker 1: the White House is there for Joe Biden. Want to

1210
01:09:21,080 --> 01:09:24,360
Speaker 1: bring in Kevin's really now Chief Washington correspondent for Bloomberg

1211
01:09:24,439 --> 01:09:28,040
Speaker 1: Radio and Television and Jennie Zo, Bloomberg News contributor and

1212
01:09:28,120 --> 01:09:32,400
Speaker 1: political science professor at Iona College, and Kevin let's just

1213
01:09:32,439 --> 01:09:35,439
Speaker 1: start with you, President Trump on Twitter claiming voter fraud.

1214
01:09:35,840 --> 01:09:38,320
Speaker 1: Twitters are already flagged at least one of the President's

1215
01:09:38,320 --> 01:09:42,479
Speaker 1: tweets about legal observers being refused admitutes admittance to those

1216
01:09:42,520 --> 01:09:45,720
Speaker 1: rooms where the votes are being counted. What does all

1217
01:09:45,720 --> 01:09:48,880
Speaker 1: of this do beyond just creating some confusion and delay, Well,

1218
01:09:48,880 --> 01:09:52,479
Speaker 1: two things. I think that analytically speaking, First and foremost,

1219
01:09:52,600 --> 01:09:56,240
Speaker 1: it it once again raises the issue about big tech

1220
01:09:56,360 --> 01:10:01,800
Speaker 1: organizations and the the puns and the clout that they

1221
01:10:01,840 --> 01:10:06,640
Speaker 1: have in the national and global conversation. And it's a

1222
01:10:06,680 --> 01:10:10,640
Speaker 1: conversation that quite frankly, policymakers here in Washington, d C.

1223
01:10:10,800 --> 01:10:13,200
Speaker 1: Even having for quite some time, you know, and we

1224
01:10:13,240 --> 01:10:15,479
Speaker 1: just saw the other week where big tech ceo is

1225
01:10:15,520 --> 01:10:19,120
Speaker 1: like Jack Dorsey were testified virtually on Capitol Hill, and

1226
01:10:19,120 --> 01:10:22,400
Speaker 1: and quite frankly, I think that conversation is going to continue. Secondly,

1227
01:10:22,520 --> 01:10:26,400
Speaker 1: in the more immediate news developments. Based upon my reporting,

1228
01:10:26,400 --> 01:10:28,479
Speaker 1: what I can tell you is that the President will

1229
01:10:28,520 --> 01:10:32,200
Speaker 1: be meeting throughout the weekend with his legal team, some

1230
01:10:32,360 --> 01:10:36,240
Speaker 1: of which he has deployed in battleground states like Georgia, Nevada,

1231
01:10:36,560 --> 01:10:40,120
Speaker 1: as well as Pennsylvania. The question becomes for President Trump,

1232
01:10:40,160 --> 01:10:42,080
Speaker 1: and this is a question not being asked by the

1233
01:10:42,120 --> 01:10:46,240
Speaker 1: media but by members of Congress within the president's own party,

1234
01:10:46,439 --> 01:10:48,960
Speaker 1: is what is the strategy in the short term and

1235
01:10:49,040 --> 01:10:52,479
Speaker 1: in the long term. And that is a question, quite frankly,

1236
01:10:52,720 --> 01:10:54,760
Speaker 1: that they are still trying to sort through. We can

1237
01:10:54,800 --> 01:10:56,640
Speaker 1: talk about all of the different ins and outs of

1238
01:10:56,640 --> 01:10:58,519
Speaker 1: the legalities, and I know Jeanie's I know who has

1239
01:10:58,560 --> 01:11:00,600
Speaker 1: been all over this and the new wants of this,

1240
01:11:00,920 --> 01:11:02,840
Speaker 1: but at the end of the day, it has to

1241
01:11:02,880 --> 01:11:07,200
Speaker 1: come down to a simple message, and Republicans are still

1242
01:11:07,240 --> 01:11:11,160
Speaker 1: asking for that message to be more clearly articulated. You've

1243
01:11:11,200 --> 01:11:13,960
Speaker 1: seen some tweaks of it amy in which they're saying

1244
01:11:14,200 --> 01:11:16,120
Speaker 1: they want to have all of the legal votes counted,

1245
01:11:16,160 --> 01:11:20,120
Speaker 1: and that's what they're continuing to to intensify with. But

1246
01:11:20,240 --> 01:11:23,080
Speaker 1: we don't have one singular court case, for example, that

1247
01:11:23,120 --> 01:11:26,600
Speaker 1: has made this easily digestible. Well, let's bring in Geniezo

1248
01:11:26,680 --> 01:11:29,400
Speaker 1: of I own a college. Because the President, as he

1249
01:11:29,479 --> 01:11:33,519
Speaker 1: has once again done this morning, Professor, can say that

1250
01:11:33,560 --> 01:11:36,760
Speaker 1: there are legal votes versus illegal votes, But it does

1251
01:11:36,920 --> 01:11:41,879
Speaker 1: come down to what the election officials themselves are finding

1252
01:11:42,040 --> 01:11:46,599
Speaker 1: and counting as this tally continues, do we see any

1253
01:11:46,720 --> 01:11:50,080
Speaker 1: evidence at this point that there are actually illegal votes

1254
01:11:50,680 --> 01:11:55,320
Speaker 1: being counted right now? At this point, we do not.

1255
01:11:55,400 --> 01:11:58,360
Speaker 1: I mean, the reality is we simply do not have

1256
01:11:58,520 --> 01:12:04,040
Speaker 1: evidence of voter road or this kind of mouth seasons

1257
01:12:04,120 --> 01:12:06,479
Speaker 1: that the President has been talking about at the polls

1258
01:12:06,640 --> 01:12:09,200
Speaker 1: or with the count That's not to say we won't

1259
01:12:09,240 --> 01:12:12,080
Speaker 1: find evidence of it or that they won't produce that

1260
01:12:12,240 --> 01:12:15,200
Speaker 1: in the future in court, but again, at this point,

1261
01:12:15,280 --> 01:12:18,400
Speaker 1: it's just we don't have it. And you know, look

1262
01:12:18,439 --> 01:12:20,920
Speaker 1: at what the Wall Street Journal editorial board is saying.

1263
01:12:21,120 --> 01:12:23,600
Speaker 1: Look at what Kevin was just mentioning members of the

1264
01:12:23,640 --> 01:12:26,960
Speaker 1: president's own party in the Senator, saying, you have to

1265
01:12:27,080 --> 01:12:30,200
Speaker 1: have an argument to make in court. It's one thing

1266
01:12:30,240 --> 01:12:33,840
Speaker 1: on Twitter and and and Facebook and elsewhere to proclaim

1267
01:12:33,960 --> 01:12:36,320
Speaker 1: that there are these problems at the polls, to proclaim

1268
01:12:36,360 --> 01:12:39,639
Speaker 1: there's widespread fraud, It's another thing to prove it in court.

1269
01:12:39,960 --> 01:12:42,960
Speaker 1: And as of this moment, as we've all seen, the

1270
01:12:43,080 --> 01:12:47,400
Speaker 1: courts have been unwilling and you know, just not accepting

1271
01:12:47,439 --> 01:12:49,519
Speaker 1: any of the arguments at least at this point. And

1272
01:12:49,520 --> 01:12:52,800
Speaker 1: it's still early that have been made, and so the

1273
01:12:52,840 --> 01:12:56,000
Speaker 1: President remains sort of screaming in the wind at this

1274
01:12:56,080 --> 01:12:58,880
Speaker 1: point without evidence to back up, and I you know,

1275
01:12:58,920 --> 01:13:01,479
Speaker 1: I'm so here is to hear. As Kevin says, they're

1276
01:13:01,520 --> 01:13:03,400
Speaker 1: going to be meeting with their legal team over the

1277
01:13:03,439 --> 01:13:05,920
Speaker 1: weekend what they come up with in terms of a

1278
01:13:05,960 --> 01:13:09,800
Speaker 1: legal strategy, because that is where their focus needs to be.

1279
01:13:10,160 --> 01:13:13,240
Speaker 1: You know, George W. Bush in two thousand had a

1280
01:13:13,320 --> 01:13:17,400
Speaker 1: legal team behind him. They were making a solid case,

1281
01:13:17,439 --> 01:13:19,400
Speaker 1: whether you agree with it or not, that the courts

1282
01:13:19,439 --> 01:13:21,680
Speaker 1: were willing to listen to. We haven't heard yet what

1283
01:13:21,840 --> 01:13:25,320
Speaker 1: that might potentially be from the President and his team.

1284
01:13:25,360 --> 01:13:27,200
Speaker 1: I would like to follow up on that if I could,

1285
01:13:27,280 --> 01:13:31,960
Speaker 1: Jeannie with just going back to because none of this

1286
01:13:32,040 --> 01:13:35,479
Speaker 1: is really that big of a surprise. Remember in President

1287
01:13:35,520 --> 01:13:38,720
Speaker 1: Trump then when he was still candidate, Trump said he

1288
01:13:38,760 --> 01:13:41,559
Speaker 1: would accept the results of the election if he wins.

1289
01:13:41,560 --> 01:13:44,240
Speaker 1: He was very clear on that point, same thing this time,

1290
01:13:44,240 --> 01:13:46,280
Speaker 1: and he's already said he'd be taking this fight as

1291
01:13:46,280 --> 01:13:49,240
Speaker 1: far as he can legally. But what we're seeing now

1292
01:13:49,560 --> 01:13:52,760
Speaker 1: is a split in the Republican Party over whether to

1293
01:13:52,880 --> 01:13:55,640
Speaker 1: fight this and how far to take this fight. What

1294
01:13:55,800 --> 01:13:58,880
Speaker 1: could this possibly mean for the GOP down the line,

1295
01:13:59,680 --> 01:14:02,400
Speaker 1: it's a great question, because you know, we just think

1296
01:14:02,400 --> 01:14:05,240
Speaker 1: about it at the at the state level. In Pennsylvania,

1297
01:14:05,520 --> 01:14:08,920
Speaker 1: the President has indicated that there are problems at the polls,

1298
01:14:08,960 --> 01:14:11,759
Speaker 1: he doesn't trust the count coming out of certain aspects

1299
01:14:11,800 --> 01:14:15,840
Speaker 1: certain counties, particularly Democratic counties in Pennsylvania. Yet on the

1300
01:14:15,960 --> 01:14:20,800
Speaker 1: down ballot you have important racist sided for Republicans in

1301
01:14:20,840 --> 01:14:24,120
Speaker 1: that state. Well, how do you square those two things.

1302
01:14:24,439 --> 01:14:27,519
Speaker 1: The Republican Party is bigger than Donald Trump. Of course

1303
01:14:27,560 --> 01:14:29,479
Speaker 1: he's the leader of the party as President of the

1304
01:14:29,560 --> 01:14:33,240
Speaker 1: United States. But to your point, his arguments have an

1305
01:14:33,280 --> 01:14:37,160
Speaker 1: impact on down ballot, and Republicans didn't do so badly.

1306
01:14:37,240 --> 01:14:40,080
Speaker 1: Down ballot looks like and again you were just talking

1307
01:14:40,120 --> 01:14:43,400
Speaker 1: to specials in Georgia, looks like they will probably hold

1308
01:14:43,439 --> 01:14:47,200
Speaker 1: the Senate. They picked up seats in the House, you know,

1309
01:14:47,360 --> 01:14:50,800
Speaker 1: really unexpected. We thought Democrats would gain. They got at

1310
01:14:50,880 --> 01:14:53,200
Speaker 1: least six seats, if not more, in the House, and

1311
01:14:53,240 --> 01:14:55,280
Speaker 1: they did well at the state and local level in

1312
01:14:55,320 --> 01:14:59,320
Speaker 1: certain states. So the President claiming flaunt fraud has implications

1313
01:14:59,360 --> 01:15:01,920
Speaker 1: on all of those races, and Republicans are going to

1314
01:15:02,000 --> 01:15:05,040
Speaker 1: have to think really hard about how they go forward

1315
01:15:05,080 --> 01:15:08,160
Speaker 1: and make these arguments. Not to mention Unlike in two thousand,

1316
01:15:08,240 --> 01:15:11,360
Speaker 1: we're talking multiple states where he may be contesting and

1317
01:15:11,439 --> 01:15:15,160
Speaker 1: asking for recounts in some states, wanting votes counted, in

1318
01:15:15,240 --> 01:15:18,360
Speaker 1: some states wanting the vote counts stopped. That makes it

1319
01:15:18,520 --> 01:15:21,200
Speaker 1: that much more difficult for attorneys to go into court

1320
01:15:21,200 --> 01:15:23,599
Speaker 1: and make a solid case on behalf of the president.

1321
01:15:23,960 --> 01:15:27,120
Speaker 1: I'm watching the headlines continue to cross this Saturday morning

1322
01:15:27,120 --> 01:15:29,680
Speaker 1: on the Bloomberg terminal. The Biden campaign is speaking to

1323
01:15:29,800 --> 01:15:32,959
Speaker 1: MSNBC this morning saying they feel frustrated with the networks.

1324
01:15:32,960 --> 01:15:36,280
Speaker 1: They expect a race call today. Kevin CILLI, what are

1325
01:15:36,280 --> 01:15:40,400
Speaker 1: you hearing in terms of where the margins are right now?

1326
01:15:40,840 --> 01:15:43,479
Speaker 1: Are we at a point where we can see more

1327
01:15:43,600 --> 01:15:46,200
Speaker 1: states called by the major networks today? Well, I mean,

1328
01:15:46,240 --> 01:15:50,840
Speaker 1: and this is a really fascinating conversation that is that

1329
01:15:51,000 --> 01:15:55,559
Speaker 1: is now emerging publicly, which is how networks and news

1330
01:15:55,680 --> 01:16:00,720
Speaker 1: organizations call a state for a candidate. And you know,

1331
01:16:00,760 --> 01:16:04,719
Speaker 1: I go back historically, speaking to two thousand, when quite frankly,

1332
01:16:05,320 --> 01:16:10,360
Speaker 1: Americans learned, maybe in real time, about the importance of

1333
01:16:10,880 --> 01:16:13,679
Speaker 1: that you could win a popular vote but losing an election.

1334
01:16:13,920 --> 01:16:16,719
Speaker 1: And I think this go around in two thousand and twenty,

1335
01:16:17,120 --> 01:16:20,519
Speaker 1: Americans are learning about just how complex mail in voting

1336
01:16:20,560 --> 01:16:23,560
Speaker 1: and ballots and ABSENCEEE ballots, and and the impact accounting

1337
01:16:23,560 --> 01:16:25,800
Speaker 1: in the data and the trends, and the impact of

1338
01:16:25,800 --> 01:16:28,960
Speaker 1: all of this in real time how long it can take. Uh.

1339
01:16:29,000 --> 01:16:32,120
Speaker 1: That said, based upon the conversations that I've had with

1340
01:16:32,479 --> 01:16:36,800
Speaker 1: uh Biden's campaign as well as his political strategic orbit, UH,

1341
01:16:36,840 --> 01:16:39,960
Speaker 1: they're incredibly frustrated. And we still have to remind people

1342
01:16:39,960 --> 01:16:42,280
Speaker 1: that it doesn't come down to the network calls. It

1343
01:16:42,320 --> 01:16:45,280
Speaker 1: comes down to raw votes in each state. Kevin's really

1344
01:16:45,320 --> 01:16:48,000
Speaker 1: Chief Washington corresponded from Bloomberg Radio and Television, along with

1345
01:16:48,040 --> 01:16:51,200
Speaker 1: Jeanie's a know Bloomberg News contributor, political science professor, and

1346
01:16:51,240 --> 01:16:53,720
Speaker 1: Iland College. Thanks to both of you for joining us

1347
01:16:53,720 --> 01:16:56,840
Speaker 1: this morning. I'm Nathan Hagar along with Amy Morris. This

1348
01:16:57,760 --> 01:17:08,120
Speaker 1: is Bloomberg. This is special coverage on the twenty twenty

1349
01:17:08,160 --> 01:17:11,799
Speaker 1: election from Bloomberg Radio, and this is a Bloomberg Daybreak

1350
01:17:11,840 --> 01:17:15,360
Speaker 1: special report. I'm Nathan Hagar, I'm Amy Morris. The votes

1351
01:17:15,360 --> 01:17:17,400
Speaker 1: are still being counted, but the path to the White

1352
01:17:17,400 --> 01:17:20,280
Speaker 1: House is there for Joe Biden. Let's bring in Josh

1353
01:17:20,280 --> 01:17:24,080
Speaker 1: wind Grove now. Bloomberg News White House car responded and Josh,

1354
01:17:24,080 --> 01:17:26,760
Speaker 1: it's right there in your title, White House Correspondent. You're

1355
01:17:26,800 --> 01:17:29,160
Speaker 1: at the White House on a regular basis. I'm curious

1356
01:17:29,200 --> 01:17:32,680
Speaker 1: about a sense of optimism or hopeful determination. What the

1357
01:17:32,760 --> 01:17:35,920
Speaker 1: mood might be at the White House at this hour. Well,

1358
01:17:35,960 --> 01:17:39,000
Speaker 1: I think I think they're in pretty dour moods, or

1359
01:17:39,000 --> 01:17:41,080
Speaker 1: at least more dour than they were a couple of

1360
01:17:41,160 --> 01:17:44,720
Speaker 1: days ago. You know, rewind to Thursday, the Trump campaign was,

1361
01:17:44,960 --> 01:17:47,360
Speaker 1: you know, doing call after call with the press, press

1362
01:17:47,360 --> 01:17:50,120
Speaker 1: conference after press conference, saying that they think the account

1363
01:17:50,120 --> 01:17:54,240
Speaker 1: would go their way, particularly in Arizona. Uh in Pennsylvania.

1364
01:17:54,920 --> 01:17:58,160
Speaker 1: That all sort of dried up yesterday and has continued

1365
01:17:58,200 --> 01:18:01,960
Speaker 1: to drive up today. It looks like, uh, it's unclear

1366
01:18:02,000 --> 01:18:03,880
Speaker 1: what Trump's doing today. It could be golfing, we don't

1367
01:18:03,880 --> 01:18:07,879
Speaker 1: know yet. So, you know, the numbers are really ticking

1368
01:18:07,920 --> 01:18:11,000
Speaker 1: in one direction. There is no call at this point,

1369
01:18:11,000 --> 01:18:14,439
Speaker 1: the AP or none of the major networks have called it,

1370
01:18:14,560 --> 01:18:17,040
Speaker 1: but it feels like it's only a matter of time

1371
01:18:17,160 --> 01:18:20,439
Speaker 1: because every batch about coming in in Pennsylvania just drives

1372
01:18:20,520 --> 01:18:24,559
Speaker 1: Biden's bleep up higher. You know, Georgia is similar. They're

1373
01:18:24,560 --> 01:18:28,639
Speaker 1: pretty much almost done counting and Georgia overseas ballots, which

1374
01:18:28,680 --> 01:18:32,080
Speaker 1: is members of the military and other folks overseas, which

1375
01:18:32,080 --> 01:18:34,680
Speaker 1: doesn't actually skew necessarily as trumpy as you would think

1376
01:18:34,720 --> 01:18:37,120
Speaker 1: it would. Um, But you know, we're headed for a

1377
01:18:37,120 --> 01:18:40,519
Speaker 1: recount there basically in the four crucial states. Biden leads

1378
01:18:40,680 --> 01:18:43,640
Speaker 1: in all of them, and there aren't a lot of

1379
01:18:43,640 --> 01:18:45,640
Speaker 1: signs that there's a bunch of Trump boats waiting to

1380
01:18:45,680 --> 01:18:48,320
Speaker 1: be counted. One thing we do know, Josh, is that

1381
01:18:48,439 --> 01:18:51,519
Speaker 1: the President has been tweeting this morning claiming a lack

1382
01:18:51,560 --> 01:18:58,120
Speaker 1: of transparency, talking again about illegally cast votes. Beyond rhetoric,

1383
01:18:58,320 --> 01:19:02,080
Speaker 1: is there any more in terms of strategy for how

1384
01:19:02,160 --> 01:19:06,719
Speaker 1: the president plans to pursue this fight over the ongoing

1385
01:19:06,800 --> 01:19:11,200
Speaker 1: vote count. No, not really. Um. You know, they've been

1386
01:19:11,200 --> 01:19:15,960
Speaker 1: filing suits in particular in those four states Pennsylvania, George, Arizona, Nevada. Um.

1387
01:19:16,560 --> 01:19:20,080
Speaker 1: The pushback yesterday, it was weird watching Fox News yesterday.

1388
01:19:20,120 --> 01:19:23,360
Speaker 1: I watched Fox for a living essentially, you know, and uh,

1389
01:19:23,720 --> 01:19:26,000
Speaker 1: the tone changed a little bit. There was pushback from

1390
01:19:26,000 --> 01:19:31,040
Speaker 1: Republican allies of the president saying, you know, essentially put

1391
01:19:31,080 --> 01:19:33,479
Speaker 1: up or shut up. But where is the proof? You know,

1392
01:19:33,520 --> 01:19:38,759
Speaker 1: the campaign has not provided proof widespread fraud. In fact,

1393
01:19:39,240 --> 01:19:41,720
Speaker 1: the only one case that they brought forward is a

1394
01:19:41,760 --> 01:19:44,040
Speaker 1: case of a woman in Nevada who says that she

1395
01:19:44,320 --> 01:19:46,320
Speaker 1: went to vote in person and was told that her

1396
01:19:46,360 --> 01:19:50,760
Speaker 1: mail ballot had already been cast uh and the Clark

1397
01:19:50,800 --> 01:19:53,519
Speaker 1: County registrars said that they looked at the mail ballot

1398
01:19:53,600 --> 01:19:56,120
Speaker 1: and their view that it's her signature. In other words,

1399
01:19:56,560 --> 01:19:59,719
Speaker 1: they're accusing her of trying to vote twice. So the

1400
01:19:59,800 --> 01:20:02,000
Speaker 1: only the only evidence that they's been brought forward so

1401
01:20:02,040 --> 01:20:05,519
Speaker 1: far by the Trump campaign is a woman who the

1402
01:20:05,640 --> 01:20:08,920
Speaker 1: part who the county registrar basically says attempted to vote twice.

1403
01:20:09,400 --> 01:20:12,439
Speaker 1: So that's that's that's all they've gone so far soever

1404
01:20:12,560 --> 01:20:15,920
Speaker 1: this one. There, you know, we're waiting for evidence. There

1405
01:20:15,960 --> 01:20:18,320
Speaker 1: isn't any yet. Well well, Josh, I think the judges

1406
01:20:18,360 --> 01:20:21,639
Speaker 1: have also said publicly that there they too are waiting

1407
01:20:21,640 --> 01:20:24,599
Speaker 1: for evidence. They want to see more evidence before they

1408
01:20:24,600 --> 01:20:28,160
Speaker 1: continue to proceed with these court cases. I want to

1409
01:20:28,200 --> 01:20:30,519
Speaker 1: ask you, though, to pull the curtain back a little bit.

1410
01:20:30,640 --> 01:20:33,400
Speaker 1: Who is in the President's ear to advise him, to

1411
01:20:33,439 --> 01:20:37,000
Speaker 1: tell him how to either concede gracefully or take the

1412
01:20:37,080 --> 01:20:39,600
Speaker 1: fight to the courts. Who will the president listen to

1413
01:20:39,680 --> 01:20:43,479
Speaker 1: At this point, his circle is essentially what it always

1414
01:20:43,479 --> 01:20:46,360
Speaker 1: has been. First of all, is this family, um, and

1415
01:20:46,479 --> 01:20:49,200
Speaker 1: what the signs are seeing from the family, our mixed

1416
01:20:49,320 --> 01:20:53,000
Speaker 1: Donald Trump Jr. Has been you know, publicly urging Trump

1417
01:20:53,040 --> 01:20:56,400
Speaker 1: allies to go on offense, you know, hold press conferences,

1418
01:20:56,560 --> 01:20:59,080
Speaker 1: raised pressure to what end I'm not sure, but essentially

1419
01:20:59,120 --> 01:21:02,000
Speaker 1: get out there in fight. Um A. Banka. Trump on

1420
01:21:02,040 --> 01:21:05,639
Speaker 1: the other hand, has been pretty quiet. Uh. And so

1421
01:21:05,840 --> 01:21:07,519
Speaker 1: it's it's not really clear what his kids would be

1422
01:21:07,520 --> 01:21:09,280
Speaker 1: telling him. And then outside of that you get into

1423
01:21:09,320 --> 01:21:11,360
Speaker 1: like the Mike tents world. Mike ten has been pretty

1424
01:21:11,360 --> 01:21:16,320
Speaker 1: low profile since it all happened. Um Uh, loyal foot

1425
01:21:16,360 --> 01:21:18,760
Speaker 1: soldier for the president. Um So, I think I think

1426
01:21:18,800 --> 01:21:20,880
Speaker 1: it's sort of that in a circle. But then of

1427
01:21:20,960 --> 01:21:24,160
Speaker 1: course you mentioned um Mark Meadows as a COVID case.

1428
01:21:25,120 --> 01:21:27,800
Speaker 1: Um A little. We missed a couple of zeros on

1429
01:21:27,840 --> 01:21:29,680
Speaker 1: that total. It's not twelve hundred, it's a hundred and

1430
01:21:29,760 --> 01:21:32,640
Speaker 1: twenty thousand cases that we've had in the US yesterday

1431
01:21:32,760 --> 01:21:35,639
Speaker 1: hand the day before. Um So, you know, we've got

1432
01:21:35,640 --> 01:21:37,960
Speaker 1: a resurgent pandemic right now that seems to have hit

1433
01:21:38,439 --> 01:21:42,320
Speaker 1: Trump world pretty again. And I've got sort of the

1434
01:21:42,400 --> 01:21:45,320
Speaker 1: chief of staff, the Trump campaigns battleground director and not

1435
01:21:45,439 --> 01:21:49,560
Speaker 1: one of its most loyal congress and Matt Gave reportedly

1436
01:21:49,600 --> 01:21:53,519
Speaker 1: also having COVID. Kudos to the Bloomberg White House team

1437
01:21:53,560 --> 01:21:56,360
Speaker 1: for uncovering that scoop that White House chief of staff

1438
01:21:56,360 --> 01:21:58,679
Speaker 1: Mark Meadows and sever several other people in the Trump

1439
01:21:58,760 --> 01:22:01,519
Speaker 1: orbit have come down with COVID nineteen In our last

1440
01:22:01,520 --> 01:22:03,800
Speaker 1: thirty seconds here, Josh, what does that do in terms

1441
01:22:03,840 --> 01:22:07,280
Speaker 1: of the disarray that we're seeing from the Trump side

1442
01:22:07,360 --> 01:22:10,920
Speaker 1: as this account goes on. I mean, Trump released the

1443
01:22:10,960 --> 01:22:14,040
Speaker 1: statement yesterday that was combative, but you could read it

1444
01:22:14,120 --> 01:22:17,160
Speaker 1: as the start of a climb down. If the numbers

1445
01:22:17,320 --> 01:22:20,720
Speaker 1: keep going the way they have been going, then it

1446
01:22:20,760 --> 01:22:23,840
Speaker 1: will you know, we we can't. We're going to get

1447
01:22:23,840 --> 01:22:25,880
Speaker 1: a call sooner or later. I thought it would be yesterday.

1448
01:22:25,960 --> 01:22:28,880
Speaker 1: I was wrong, you know. But if if Pennsylvania Friends

1449
01:22:29,120 --> 01:22:32,680
Speaker 1: is called today, I'm sure we'll see last gasps of

1450
01:22:32,800 --> 01:22:36,200
Speaker 1: legal fights. But this feels like it's marching in one direction.

1451
01:22:36,640 --> 01:22:39,559
Speaker 1: We're certainly seeing a lot of care being taken by

1452
01:22:39,600 --> 01:22:43,920
Speaker 1: the networks with these margins. As the count goes on,

1453
01:22:44,080 --> 01:22:47,200
Speaker 1: Josh wind Grove Bloomberg News White House correspondents. So great

1454
01:22:47,240 --> 01:22:49,879
Speaker 1: having you on with us this morning on this special

1455
01:22:50,439 --> 01:22:54,880
Speaker 1: report from Bloomberg Daybreak on the ongoing election fight coming up,

1456
01:22:55,240 --> 01:22:58,680
Speaker 1: the legal battle for the White House, how these lawsuits

1457
01:22:58,760 --> 01:23:01,639
Speaker 1: could play out as President Trump has said he's willing

1458
01:23:01,640 --> 01:23:04,479
Speaker 1: to take them to the Supreme Court. I'm Nathan Hagar

1459
01:23:04,600 --> 01:23:14,160
Speaker 1: along with Amy Morris. This is Bloomberg. This is special

1460
01:23:14,200 --> 01:23:18,760
Speaker 1: coverage of the election from Bloomberg Radio. This is a

1461
01:23:18,760 --> 01:23:23,439
Speaker 1: Bloomberg Daybreak special report. It is on Wall Street. I'm

1462
01:23:23,520 --> 01:23:26,960
Speaker 1: Nathan Hagar Morris. The path to the White Houses there

1463
01:23:27,000 --> 01:23:29,720
Speaker 1: for Joe Biden, but a protracted legal battle could be

1464
01:23:29,720 --> 01:23:32,519
Speaker 1: in the offing. We bring in June Grosso, host of

1465
01:23:32,520 --> 01:23:36,519
Speaker 1: Bloomberg Law, are resident legal expert, as we watch breaking

1466
01:23:36,600 --> 01:23:40,880
Speaker 1: developments across the Bloomberg terminal this morning June, as Michael

1467
01:23:40,880 --> 01:23:43,600
Speaker 1: alluded to, President Trump announced his legal team will be

1468
01:23:43,600 --> 01:23:47,120
Speaker 1: holding a news conference in Philadelphia. He now says it

1469
01:23:47,160 --> 01:23:50,639
Speaker 1: will be at the Four Seasons at eleven thirty this

1470
01:23:50,680 --> 01:23:54,640
Speaker 1: morning on the East Coast to deal with what he

1471
01:23:54,760 --> 01:23:59,800
Speaker 1: calls the Four Seasons uh landscaping. Not quite sure what

1472
01:24:00,080 --> 01:24:03,640
Speaker 1: that means, whether that's some kind of UH term that

1473
01:24:03,720 --> 01:24:07,280
Speaker 1: he's trying to put out in terms of what's happening

1474
01:24:07,400 --> 01:24:10,439
Speaker 1: with the vote. What will you be watching for, uh,

1475
01:24:10,560 --> 01:24:16,120
Speaker 1: in the Pennsylvania legal fight, Well, I'll be watching for

1476
01:24:17,160 --> 01:24:23,080
Speaker 1: some actual allegations of voter fraud. So President Trump has

1477
01:24:23,120 --> 01:24:26,680
Speaker 1: been saying that there's voter fraud, and that's what a

1478
01:24:26,720 --> 01:24:30,080
Speaker 1: lot of the the Trump surrogates have been saying as

1479
01:24:30,120 --> 01:24:34,040
Speaker 1: well in lawsuits. But the lawsuits have been getting dismissed

1480
01:24:34,200 --> 01:24:37,040
Speaker 1: time after time. Every time I look and check, there's

1481
01:24:37,080 --> 01:24:40,960
Speaker 1: another judge who has dismissed another lawsuit because they make

1482
01:24:41,040 --> 01:24:43,800
Speaker 1: the allegations, but they don't have the evidence to back

1483
01:24:43,840 --> 01:24:47,599
Speaker 1: it up. So, for example, just yesterday in Nevada, there

1484
01:24:47,680 --> 01:24:51,080
Speaker 1: was an allegation that they shouldn't be using the signature

1485
01:24:51,120 --> 01:24:53,920
Speaker 1: matching machines. They should be checking them by hand because

1486
01:24:53,960 --> 01:24:58,240
Speaker 1: the signature matching machines don't do a good enough job. Well,

1487
01:24:58,280 --> 01:25:01,280
Speaker 1: the judge said there was absolutely no evidence, that there

1488
01:25:01,360 --> 01:25:04,720
Speaker 1: was no proof whatsoever, even though there were some there

1489
01:25:04,760 --> 01:25:08,880
Speaker 1: were some some papers that were filed and some a

1490
01:25:09,200 --> 01:25:12,759
Speaker 1: lawyer attributed to it, but you know, no real evidence.

1491
01:25:12,760 --> 01:25:15,680
Speaker 1: And that keeps happening time and time again, that the

1492
01:25:15,760 --> 01:25:18,680
Speaker 1: judges are just dismissing these lawsuits without any evidence. So

1493
01:25:18,720 --> 01:25:21,800
Speaker 1: I can't imagine what the legal team is going to

1494
01:25:21,920 --> 01:25:27,559
Speaker 1: be alleging in Pennsylvania today. Well, June, you and I

1495
01:25:27,600 --> 01:25:30,559
Speaker 1: have talked about this before, and you know, confusion and

1496
01:25:30,600 --> 01:25:34,760
Speaker 1: distraction can be a strategy, if not a just a

1497
01:25:34,800 --> 01:25:40,080
Speaker 1: delaying tactic. If you were the president's attorney, how would

1498
01:25:40,120 --> 01:25:43,360
Speaker 1: you advise him at this point? Does he have a

1499
01:25:43,479 --> 01:25:47,200
Speaker 1: path to the presidency through the courts, assuming there may

1500
01:25:47,200 --> 01:25:52,679
Speaker 1: be some evidence somewhere. Even if there's evidence, it has

1501
01:25:52,720 --> 01:25:56,840
Speaker 1: to be in a state that's pivotal. It has to

1502
01:25:56,920 --> 01:26:01,320
Speaker 1: be enough concerning enough votes that will make a difference

1503
01:26:01,360 --> 01:26:05,240
Speaker 1: in that pivotal state. And even you know, in Pennsylvania,

1504
01:26:05,280 --> 01:26:08,599
Speaker 1: everyone is really focused on Pennsylvania because the president has

1505
01:26:08,640 --> 01:26:11,360
Speaker 1: to win Pennsylvania, and there have been a lot of

1506
01:26:11,479 --> 01:26:17,040
Speaker 1: cases filed in that in that state. However, none of

1507
01:26:17,040 --> 01:26:21,040
Speaker 1: the cases have really come through for the president except

1508
01:26:21,120 --> 01:26:24,479
Speaker 1: for one that allowed his election observers to be a

1509
01:26:24,479 --> 01:26:28,400
Speaker 1: little bit closer to watching the process. So I mean,

1510
01:26:28,439 --> 01:26:31,719
Speaker 1: that's the critical thing. And even in Pennsylvania, where they're

1511
01:26:31,760 --> 01:26:35,080
Speaker 1: trying to focus on the number of ballots that were

1512
01:26:35,439 --> 01:26:39,920
Speaker 1: counted after election day received after election day. That's what's

1513
01:26:39,960 --> 01:26:43,879
Speaker 1: up at the Supreme Court. From what I have been told,

1514
01:26:43,960 --> 01:26:48,000
Speaker 1: those are just ballots in the thousands, not even in

1515
01:26:48,000 --> 01:26:51,000
Speaker 1: the tens of thousands, So where would they get the

1516
01:26:51,120 --> 01:26:54,719
Speaker 1: numbers to turn any of these states? So far, none

1517
01:26:54,720 --> 01:26:58,639
Speaker 1: of these lawsuits that I've seen concerns itself with anything

1518
01:26:58,680 --> 01:27:02,920
Speaker 1: more than perhaps ten thousand votes. So it doesn't seem

1519
01:27:02,920 --> 01:27:05,640
Speaker 1: to me like there either is a path through the

1520
01:27:05,760 --> 01:27:09,280
Speaker 1: lawsuits unless they come up with some new theory that

1521
01:27:09,320 --> 01:27:14,160
Speaker 1: will attack the substantial number in the margin of victory

1522
01:27:14,280 --> 01:27:17,080
Speaker 1: in one of these states to make a difference. So

1523
01:27:17,080 --> 01:27:20,160
Speaker 1: wanna pass on a little more information about this news

1524
01:27:20,160 --> 01:27:23,400
Speaker 1: conference that the president says his legal team will be

1525
01:27:23,439 --> 01:27:27,000
Speaker 1: holding later this morning in Philadelphia, And thanks to Bob Bragger,

1526
01:27:27,080 --> 01:27:29,280
Speaker 1: producer for passing this along. That it's going to be

1527
01:27:29,280 --> 01:27:32,439
Speaker 1: held at four Seasons Total Landscaping. That's a that's a

1528
01:27:32,479 --> 01:27:36,680
Speaker 1: business in Philadelphia where the news conference is going to

1529
01:27:36,720 --> 01:27:40,120
Speaker 1: be held. As we wait for much more information on

1530
01:27:40,280 --> 01:27:45,240
Speaker 1: what the president's legal team could be pursuing. But June Grosso,

1531
01:27:45,360 --> 01:27:49,160
Speaker 1: host of Bloomberg Law, given how the cases have gone

1532
01:27:49,760 --> 01:27:54,080
Speaker 1: for the president's team, uh since election Day, where do

1533
01:27:54,200 --> 01:27:56,160
Speaker 1: you see this going? What do you make of the

1534
01:27:56,160 --> 01:27:59,400
Speaker 1: strategy that has been put out thus far and does

1535
01:27:59,439 --> 01:28:03,839
Speaker 1: it point to where the Trump team could take itself

1536
01:28:04,520 --> 01:28:08,799
Speaker 1: as as it tries to pursue further remedies for whatever

1537
01:28:08,840 --> 01:28:12,479
Speaker 1: it sees as going wrong with this vote. You know,

1538
01:28:12,520 --> 01:28:17,280
Speaker 1: a member of the US Federal Election Commission said today

1539
01:28:17,400 --> 01:28:20,400
Speaker 1: on CNN that there's no evidence of voter fraud, there's

1540
01:28:20,439 --> 01:28:24,800
Speaker 1: no evidence of illegal votes being cast, and yet the

1541
01:28:24,800 --> 01:28:27,880
Speaker 1: Trump campaign they are going, as you said, have that

1542
01:28:28,960 --> 01:28:31,639
Speaker 1: very It will be very interesting for all of us

1543
01:28:31,680 --> 01:28:34,240
Speaker 1: to hear what they're going to talk about and what

1544
01:28:34,320 --> 01:28:36,679
Speaker 1: kind of allegations they're going to come up with. They've

1545
01:28:36,720 --> 01:28:40,720
Speaker 1: also sent legal teams to Arizona, Georgia, Michigan, and Pennsylvania.

1546
01:28:40,960 --> 01:28:44,519
Speaker 1: So they're looking for their looking for fraud. They're looking

1547
01:28:44,560 --> 01:28:48,160
Speaker 1: for something to be able to sue on. But that's

1548
01:28:48,200 --> 01:28:50,120
Speaker 1: not an easy task. I mean, as I just said,

1549
01:28:50,160 --> 01:28:54,000
Speaker 1: you have to have evidence. And an interesting thing is, uh,

1550
01:28:54,240 --> 01:28:56,960
Speaker 1: looking at the lawyers so far, we're not seeing any

1551
01:28:57,040 --> 01:29:00,880
Speaker 1: of the heavy hitting lawyers that you're used to seeing

1552
01:29:00,960 --> 01:29:05,559
Speaker 1: in these kinds of election battles. So and um, I

1553
01:29:05,680 --> 01:29:09,839
Speaker 1: understand there was a reporting on CNN again that President

1554
01:29:09,840 --> 01:29:12,320
Speaker 1: Trump was upset with the legal team that was put

1555
01:29:12,360 --> 01:29:16,640
Speaker 1: together by his son in law, Jared Kushner, because you

1556
01:29:16,680 --> 01:29:19,639
Speaker 1: don't hear those big names you'd see, for example, Rudy

1557
01:29:19,680 --> 01:29:23,040
Speaker 1: Giuliani was the last time they had a conference in

1558
01:29:23,600 --> 01:29:26,759
Speaker 1: Philly was the was a lawyer out front, and he's

1559
01:29:26,800 --> 01:29:30,040
Speaker 1: not an attorney that deals with election law. Election law

1560
01:29:30,200 --> 01:29:33,200
Speaker 1: so specific to each state. It's different from other law,

1561
01:29:33,680 --> 01:29:38,080
Speaker 1: very specific to each state. And you have special litigators

1562
01:29:38,120 --> 01:29:42,280
Speaker 1: in those states that are usually used to deal with

1563
01:29:42,320 --> 01:29:46,760
Speaker 1: these issues because they're just so complex. Because the procedures,

1564
01:29:46,920 --> 01:29:51,280
Speaker 1: especially in until in Philadelphia and Pennsylvania, the procedures aren't

1565
01:29:51,360 --> 01:29:54,880
Speaker 1: really minute, and they sometimes conflict with each other, and

1566
01:29:54,880 --> 01:29:58,719
Speaker 1: there's been no legal there's no not been clear legal

1567
01:29:58,760 --> 01:30:04,560
Speaker 1: guidance in Pennsylvania about a lot of the vote counting procedures.

1568
01:30:05,640 --> 01:30:08,240
Speaker 1: June I asked how you would um how you would

1569
01:30:08,240 --> 01:30:10,439
Speaker 1: advise the president. Now I want to ask how if

1570
01:30:10,520 --> 01:30:13,719
Speaker 1: you were one of Joe Biden's attorneys, because both sides

1571
01:30:13,760 --> 01:30:17,800
Speaker 1: have lawyered up. If you were advising the Biden campaign,

1572
01:30:18,240 --> 01:30:20,519
Speaker 1: would you just tell them to sit tight, keep your

1573
01:30:20,520 --> 01:30:24,080
Speaker 1: head down, and keep the faith. How would you advise them?

1574
01:30:24,120 --> 01:30:27,120
Speaker 1: What is their role? Right? Now as the president continues

1575
01:30:27,120 --> 01:30:30,840
Speaker 1: to take all these different courses through the courts, their

1576
01:30:30,960 --> 01:30:34,559
Speaker 1: role is defense. That's simple. It's been that way since

1577
01:30:34,640 --> 01:30:38,720
Speaker 1: these lawsuits over the accounts started. They come in and

1578
01:30:38,760 --> 01:30:42,920
Speaker 1: they debunk whatever the allegations are. You have a top

1579
01:30:43,000 --> 01:30:46,120
Speaker 1: lawyer in Mark Elias, and he was the one who

1580
01:30:46,439 --> 01:30:50,200
Speaker 1: who debunked the Nevada case, one of the Nevada cases

1581
01:30:50,240 --> 01:30:53,040
Speaker 1: that I talked about before the signature matching machine, saying

1582
01:30:53,040 --> 01:30:55,400
Speaker 1: there's just no evidence here. That's what they do. They

1583
01:30:55,479 --> 01:30:58,720
Speaker 1: come in and they look at the allegations that the

1584
01:30:58,760 --> 01:31:01,840
Speaker 1: Trump campaign is aching, and then they first say, where's

1585
01:31:01,880 --> 01:31:05,000
Speaker 1: the evidence here, where's your proof, which is what most

1586
01:31:05,040 --> 01:31:07,960
Speaker 1: of the judges have been saying in these cases in

1587
01:31:08,080 --> 01:31:13,360
Speaker 1: Michigan that its cases have been dismissed in Pennsylvania, Georgia, Michigan, Nevada,

1588
01:31:13,439 --> 01:31:16,280
Speaker 1: and the judges all say the same thing, there's no

1589
01:31:16,360 --> 01:31:19,840
Speaker 1: evidence for this. So it's easy to make these claims.

1590
01:31:19,880 --> 01:31:22,040
Speaker 1: Anyone can make these claims, but you've got to come

1591
01:31:22,120 --> 01:31:25,240
Speaker 1: up with evidence. And remember something else, It's really important

1592
01:31:25,240 --> 01:31:29,400
Speaker 1: that once the vote is cast, it's really difficult for

1593
01:31:29,439 --> 01:31:32,120
Speaker 1: a court to come in and say, no, we're not

1594
01:31:32,200 --> 01:31:36,120
Speaker 1: going to count that vote because the voter has reliance

1595
01:31:36,320 --> 01:31:40,720
Speaker 1: on the machinery, on the rules of the election, the

1596
01:31:40,840 --> 01:31:43,679
Speaker 1: voter has cast the vote. So even the Supreme Court

1597
01:31:44,000 --> 01:31:47,519
Speaker 1: will find it very difficult to say these votes that

1598
01:31:47,560 --> 01:31:52,120
Speaker 1: you've cast, voters that you relied on and you exercised

1599
01:31:52,120 --> 01:31:55,720
Speaker 1: your franchise, these votes won't count. That's different from what

1600
01:31:55,800 --> 01:32:00,439
Speaker 1: happened in Bush by Gore. The Supreme Court there didn't say, oh,

1601
01:32:00,479 --> 01:32:02,120
Speaker 1: these votes are not going to count. They said you

1602
01:32:02,200 --> 01:32:06,639
Speaker 1: can't recount these. So I think it's a really big

1603
01:32:06,720 --> 01:32:09,320
Speaker 1: step for a court to take to discount any of

1604
01:32:09,320 --> 01:32:11,720
Speaker 1: the votes that have been cast. JOm Grosso, host of

1605
01:32:11,760 --> 01:32:15,280
Speaker 1: Bloomberg Law, thank you for joining us on this special

1606
01:32:15,400 --> 01:32:19,200
Speaker 1: edition of Bloomberg Daybreak on the election count. Stay with

1607
01:32:19,240 --> 01:32:21,719
Speaker 1: us throughout the weekend and again first thing Monday morning.

1608
01:32:21,800 --> 01:32:24,160
Speaker 1: Is we tracked the latest on the election, the legal battle,

1609
01:32:24,200 --> 01:32:26,719
Speaker 1: and the path ahead for White House policy. I'm Nathan

1610
01:32:26,720 --> 01:32:29,760
Speaker 1: Hagar with Amy Morris. This is Bloomberg