Speaker 1: Now from our nation's capital. This is Bloomberg Sound on
Speaker 1: the extreme Maga Republican in the Congress have chosen to
Speaker 1: go backwards, full of anchor, violence, hey, and divisions. The
Speaker 1: MAGA movement is the greatest in the history of our country.
Speaker 1: Floomberg Sound on Politics, Policy and perspective from DC's top name.
Speaker 1: So I'm like one of those booster rockets that are
Speaker 1: fulfilled its functions. Thank you for putting your faith in
Speaker 1: me to lead our great conservative policy Bloomberg Sound On
Speaker 1: with Joe Matthew on Bloomberg Radio. The general election is on.
Speaker 1: Welcome to the fastest hour in politics, as the campaigns
Speaker 1: leave Labor Day behind and drive toward November. Will be
Speaker 1: joined after a busy weekend on the trail by Barbara
Speaker 1: Perry from the University of Virginia's Miller Center to get
Speaker 1: the lay of the land. With nine weeks to election
Speaker 1: day later, a new prime Minister at ten Downing Street,
Speaker 1: We'll talk to Bloomberg's Flavia Kraus Jackson about the challenges
Speaker 1: facing Liz Trust and the relationship that she'll have with
Speaker 1: President Biden. We hear they just spoke our signature panelways
Speaker 1: in on all of our stories. Bloomberg Politics contributors Rick
Speaker 1: Davis and Jeanie Chanzano with us for the hour. It
Speaker 1: was a busy Labor Day on the campaign trail, as
Speaker 1: we knew it would be, with both President Biden and
Speaker 1: former President Donald Trump driving both sides in rallies and events.
Speaker 1: Over the course of Labor Day, Joe Biden picked up
Speaker 1: right where he left off in last week's Soul of
Speaker 1: the Nation speech. Is that what we're gonna call it
Speaker 1: in Philadelphia? I'm going with that here he is in Milwaukee.
Speaker 1: The extreme Maga Republicans and Congress have chosen to go backwards,
Speaker 1: full of anger, violence, hate and division. He tried, though,
Speaker 1: to answer critics of his speech last week, and god
Speaker 1: knows we heard all from a lot of them over
Speaker 1: the last couple of days. A little more careful over
Speaker 1: the weekend to speak to what he calls mainstream Republicans. Listen,
Speaker 1: I want to be very clear upfront, not every Republican
Speaker 1: as a Maga Republican. Not every Republican embraces that extreme
Speaker 1: Alley ideology. I know because I've been able to work
Speaker 1: with mainstream Republicans of my whole career. But the extreme Maga.
Speaker 1: Republicans and Congress have chosen to go backwards, full of anger, violence,
Speaker 1: hate and division. But together we can and we must
Speaker 1: choose a different path forward. Interesting to hear the speech
Speaker 1: evolve since Thursday night in front of Independence Hall, washedon
Speaker 1: read Donald Trump. Well, it's Donald Trump. He did not
Speaker 1: pull back at all when he rallied supporters in Wilkes.
Speaker 1: Barry spoke for an extended period of time. Here's the
Speaker 1: former president. Joe Biden came to Philadelphia, Pennsylvania to give
Speaker 1: the most vicious, hateful, and divisive speech ever delivered by
Speaker 1: an American president. He shared a stage with Dr Oz
Speaker 1: and Doug Mastriana. We'll hear more of what Donald Trump
Speaker 1: had to say later this hour. But yes, the general
Speaker 1: election begins, and today we get the view of Barbara Perry,
Speaker 1: director of Presidential Studies at the University of Virginia's Miller Center. Barbara,
Speaker 1: thank you for being here. Neither Joe Biden or Donald
Speaker 1: Trump are on the ballot, of course in nine weeks.
Speaker 1: But how much impact can either of them have on
Speaker 1: the actual outcome of these elections? Well, first all, great
Speaker 1: to be with you. I think they can have a
Speaker 1: lot of impact we know that Donald Trump remains the
Speaker 1: figure and the Republican Party. Whether he's supported by all
Speaker 1: members is another story. I think about fifty percent of
Speaker 1: Republicans polled have said they would prefer to have someone
Speaker 1: else at the top of the ticket. But until that
Speaker 1: era begins, we're in the mid terms and he is
Speaker 1: the voice of the Republican Party right now, so he
Speaker 1: will have an impact. And obviously the president of the
Speaker 1: United States always has some imp act on the mid
Speaker 1: terms for his party and how it does in Congress
Speaker 1: and the congressional races around the country. Usually the story
Speaker 1: is about the negative impact they have and how candidates
Speaker 1: are duck in the the incumbent, And I know we've
Speaker 1: had some examples of that, Barbara, how much does history
Speaker 1: matter this time? Have have things become so different in
Speaker 1: politics that it's it's difficult to look back on prior
Speaker 1: midterms when the the typical narrative is, you know, the
Speaker 1: party of the incumbent loses. I'm not indicating that that
Speaker 1: won't happen and that that precedent, which does, as you say,
Speaker 1: tend to be the norm where the president's party will
Speaker 1: lose seats in both houses and in this instance, because
Speaker 1: they're so narrowly divided, could lose one or both houses.
Speaker 1: I'm not saying that history will not repeat, but it's
Speaker 1: hard now to make claims based on history because I
Speaker 1: think we're in unprecedented times. The very fact, for example,
Speaker 1: that we do have Donald Trump having such an impact
Speaker 1: I believe, on the party and on the media, and
Speaker 1: and on people who really do support him, and on
Speaker 1: choosing candidates to run for the Senate in the House, Uh,
Speaker 1: that's fairly unprecedented. So I think that we are in
Speaker 1: a time where it's hard to make predictions. But what's
Speaker 1: interesting to talk about is how different things are now.
Speaker 1: It is hard to make predictions, And you know, it's interesting.
Speaker 1: We're Bloomberg. We love data, and I'm just looking at uh,
Speaker 1: five thirty eight and Real Clear the polls of polls,
Speaker 1: if you will, at five thirty eight and their methods
Speaker 1: a little bit different. Here, Democrats slightly favored to win
Speaker 1: the Senate, Republicans favored to win the House. When I
Speaker 1: look at the general election generic congressional vote at Real
Speaker 1: Clear Politics, it's there's no spread. It's one tenth of
Speaker 1: one percent in favor of Democrats. But that's when you're
Speaker 1: in it. You're when you're in a changing environment and
Speaker 1: evolving environment, things feel like they're changing pretty quickly one
Speaker 1: way or the other. Here, Barbara, it's pretty difficult to
Speaker 1: get your arms around what's actually happening in the moment,
Speaker 1: isn't it? Well, it is. And that's why we have tended,
Speaker 1: especially those of us in the political science realm, try
Speaker 1: to look back at history and look back at previous
Speaker 1: data to say, well, is that predictive, or look at
Speaker 1: the current data and say that is predictive. But because
Speaker 1: things are so polarized right now and so evenly divided,
Speaker 1: as we know in presidential races and in congressional races,
Speaker 1: that I do think what Mitch McConnell said, and I
Speaker 1: think in a very realistic way, is that if we
Speaker 1: look at this generic poll about do you prefer the
Speaker 1: Democrats Republicans to run Congress, that's not going to get
Speaker 1: down to the nitty gritty, to the granular level of
Speaker 1: as McConnell said, Senate races or statewide very different kinds
Speaker 1: of candidates as opposed to the people who are running
Speaker 1: for the House, which is exactly what the founders knew
Speaker 1: when they gave a two year term to members of
Speaker 1: the House in a six year term, two members running
Speaker 1: across the state for the Senate. Well, so should we
Speaker 1: be looking at you know, should we be looking at
Speaker 1: national trends or is it just not that simple? This
Speaker 1: is gonna be districts by district in the way that
Speaker 1: people are making their decisions with everything from inflation to
Speaker 1: row uh, to crime and all the other issues were
Speaker 1: told are going to decide this election. Well, I think
Speaker 1: the latter part is true. I think it's a truism
Speaker 1: that these issues will decide, it's just where will they decide?
Speaker 1: And so maybe if I could use the World War
Speaker 1: One analogy that the House races are going to be
Speaker 1: the trenches, okay, and you're gonna have people firing across
Speaker 1: barbed wire, fighting inch by inch for the territory. Uh.
Speaker 1: And in some ways the Senate races across the state
Speaker 1: are sort of like the Cold War and and they're
Speaker 1: sort of the nuclear age. Uh. And so it's you
Speaker 1: needed seat step back and see the big picture, because
Speaker 1: maybe the whole planet is at stake if we get
Speaker 1: a nuclear holocaust. So maybe that's a bit exaggerated, but
Speaker 1: I do think it comes down to that, but that
Speaker 1: these general questions about issues across the board, whether in
Speaker 1: a district or in a date or across the country,
Speaker 1: we have to say, for example, given what happened in Kansas,
Speaker 1: we know abortion is going to be an issue. Given
Speaker 1: the poll that showed people cared about democracy, and we're
Speaker 1: so worried about democracy, that's got to be an issue
Speaker 1: coming out of j six. But on people's pocketbook, issues
Speaker 1: that will tend to sway a house race. What they're
Speaker 1: paying at the grocery, what they're paying for clothing, and
Speaker 1: what they're pain and rent could make the difference. We're
Speaker 1: spending time with Barbara Perry from the University of Virginia's
Speaker 1: Miller Center, I have to admit, when I stepped back
Speaker 1: and and just think about the last week, having seen
Speaker 1: Joe Biden in Philadelphia, UH and in some of his
Speaker 1: speeches just before that at fundraisers, and then seeing Donald
Speaker 1: Trump on stage with Dr Oz and dog Manstriano, looking
Speaker 1: at the way they're caught up and playing on social media,
Speaker 1: being binged myself on Twitter. Over the course of the weekend.
Speaker 1: It feels like the presidential four race, aventually is starting
Speaker 1: at exactly the same time, do you have that feeling? Well,
Speaker 1: I do if both of those men end up being
Speaker 1: at the top of the ticket. And that's not a
Speaker 1: given at this point, but it does feel like that
Speaker 1: more so than I will tell you. Um, my father
Speaker 1: took me to see in the mid term elections of
Speaker 1: nineteen sixty two. He took me to the Louisville Airport
Speaker 1: to see former President Eisenhower coming through Louisville, Kentucky to
Speaker 1: campaign for the Senate. We had a Senate candidate up
Speaker 1: at that time and who was running for re election,
Speaker 1: and we had a Republican who was running for the
Speaker 1: House to try to defeat the Democrat and he did. Um,
Speaker 1: but we knew that Eisenhower wasn't going to run for
Speaker 1: president again. UM. So my dad just wanted us to see,
Speaker 1: in his mind as a World War Two hero. You know,
Speaker 1: my dad was a World War Two it so he
Speaker 1: wanted us to see the World War Two hero and
Speaker 1: the former president. My mother, two years before it taken
Speaker 1: us to see Senator John Kennedy running for president. So
Speaker 1: I come by this very naturally. But you know, we
Speaker 1: we didn't think that, as I say, that Eisenhower was
Speaker 1: going to be running again. So the fact that you've
Speaker 1: got to this is more like the Grover Cleveland era,
Speaker 1: where you've got a former president who is going to
Speaker 1: sit out a term and then wants to get a
Speaker 1: second term non consecutive. Um, it's going to be more
Speaker 1: like that. We don't know for sure whether Joe Biden
Speaker 1: will run or will get the nomination, but if we
Speaker 1: would say that the election were the nominations were held today,
Speaker 1: I think you'd say those two men would be at
Speaker 1: the top of the tickets. So that's what it feels
Speaker 1: like the right the presidential race, and you have to
Speaker 1: act like they're gonna run, right. Both of them have
Speaker 1: to project this for different reasons right now. But we've
Speaker 1: got a presidential debate set for June. Barbara, how long
Speaker 1: do they actually have before they have to decide publicly? Oh?
Speaker 1: I think well. I think that certainly that Trump has
Speaker 1: decided that that he will run, and he's talked about that,
Speaker 1: and so I think that's a given. I can't see
Speaker 1: that he will step beside um. And for Biden, I
Speaker 1: think that, first of all, as you point out, he
Speaker 1: has a reason. He doesn't want to be seen as
Speaker 1: a lame duck and so I think that he would
Speaker 1: like to run. I think the only thing that prevents
Speaker 1: him from running is just illness. You know, if he
Speaker 1: should have an illness, that would overtake him given his
Speaker 1: age and his medical background. Ground um. But otherwise I
Speaker 1: think his how it is in the ring as well. Boy.
Speaker 1: At a certain point, though, you've got to clear the
Speaker 1: decks right, let people know what's going on here. And
Speaker 1: I'm deeply curious to see how long it will be
Speaker 1: after the mid terms before we get Joe Biden and
Speaker 1: Donald J. Trump on the record here instead of teasing
Speaker 1: all the time. Barbara, thank you for joining us. It's
Speaker 1: a great conversation with Barbara Perry, director of Presidential Studies
Speaker 1: at the University of Virginia's Miller Center. We thought a
Speaker 1: great opportunity to look at this race or race is
Speaker 1: of course all over the country through the eyes of
Speaker 1: the White House, this administration and the prior one, because
Speaker 1: these are the two newsmakers, if you will, who are
Speaker 1: driving the conversation for better or worse on the trail.
Speaker 1: I'm Joe Matthew in Washington. This is sound on the
Speaker 1: fastest hour in politics. Will assemble our panel next. They're
Speaker 1: both here our signature panel, Jeannie Chanzano and Rick Davis
Speaker 1: with their take on a big weekend on the campaign trail.
Speaker 1: We'll check traffic and markets for you on the way
Speaker 1: as well. Thanks for joining us. I'm Joe matt Again.
Speaker 1: This is Bloomberg. You're listening to Bloomberg Sound On on
Speaker 1: Bloomberg Radio. As my mother used to say, all new
Speaker 1: rules after Labor Day, and that is the spirit of
Speaker 1: mid term election campaigns taken on a different tone, starting
Speaker 1: to spend money. Now the ads are running and it
Speaker 1: is on to November and Joe Matthew welcome to sound
Speaker 1: On exclusively on Bloomberg Radio. Although I do encourage you
Speaker 1: to subscribe to the podcast, it will improve your lifestyle.
Speaker 1: As we assemble our panel, our signature panel back in
Speaker 1: place with Rick Davis, Jennie Chanzano, Bloomberg Politics contributors. Did
Speaker 1: you wake up after Labor Day, Rick, just with that
Speaker 1: old feeling in mind, like you wanted to get on
Speaker 1: the campaign trail. There's something in the air. Yeah, I
Speaker 1: thought I was supposed to be in New Hampshire. I
Speaker 1: mean it wasn't even cold yet. Yeah. No, we're in season.
Speaker 1: I mean we got a couple more clean up, including
Speaker 1: New Hampshire's primary, which is the last one on September thirteenth.
Speaker 1: But uh, yeah, it's showtime now. I mean, this stuff
Speaker 1: is getting real, and I think Joe Biden did a
Speaker 1: pretty good job of ushering that in with the approach
Speaker 1: that he took. Yeah, we didn't talk to you after
Speaker 1: the big speech in Philadelphia, Rick, was that the beginning?
Speaker 1: Really at that point is you know, he he certainly
Speaker 1: stirred up the pot. He got people very upset, Republicans offended.
Speaker 1: It was the debate that lasted all weekend, and then
Speaker 1: we of course heard from Donald Trump. Is Joe Biden
Speaker 1: leading the conversation right now? Yeah? He is. Um. You know,
Speaker 1: typically you want your candidate to find a time and
Speaker 1: a place where he could lay out the stakes of
Speaker 1: the election. This is what it means to you, voters.
Speaker 1: This is the lineup that you're going to have in
Speaker 1: the future to choose. Look through this prism and you
Speaker 1: will be able to make the right decision. He did
Speaker 1: that in his speech. Uh and uh And the reality
Speaker 1: has Trump's been reacting to it ever since, and and
Speaker 1: not really reacting substantively, but just an anger. Jennie what
Speaker 1: did you think after hearing Don Trump and seeing Donald
Speaker 1: Trump on Saturday? Uh, you know, getting back to the
Speaker 1: Trump is UM's getting back to the insults, the name calling,
Speaker 1: that kind of thing. I mean, he went through all
Speaker 1: of them. He did Polka haunt this, he did the
Speaker 1: watermelon head for for Congressman shift did Thursday with President
Speaker 1: Biden seem so severe after being reminded what Donald Trump does. Yeah,
Speaker 1: I mean, you know, I read Biden speech Thursday as
Speaker 1: trolling Trump, and Trump played right into it. I mean,
Speaker 1: at some point you've got to wonder is Donald Trump
Speaker 1: working for Joe Biden? Because this is exactly what he
Speaker 1: keeps doing, stepping into it, stepping into it big, and
Speaker 1: it is doing everything to make the case that Joe
Speaker 1: Biden wants to make that this is an out of
Speaker 1: control aspect of the Republican Party. If you vote for them,
Speaker 1: we go right back to the chaos of don't do it.
Speaker 1: You know, voters are looking for a change, They want
Speaker 1: to vote against Democrats, and Republicans like Trump are doing
Speaker 1: everything to make them do the opposite. That's a problem
Speaker 1: for Republicans. Mitch McConnell and other Republicans know that, But
Speaker 1: Donald Trump doesn't seem to care. Well, let's talk about
Speaker 1: Donald Trump and Mitch McConnell a little bit more, because
Speaker 1: he went there on Saturday night, wilkes Bury. Uh, And
Speaker 1: I wanted for the next I've got a couple of
Speaker 1: pieces of the speech that I want you both to
Speaker 1: react to. Not so much about what Donald Trump is saying,
Speaker 1: but listen to the crowd here and in this case,
Speaker 1: when he says Mitch McConnell's name, listen, a guy like
Speaker 1: Mitch McConnell, who allowed this stuff to happen should be scorned.
Speaker 1: He should be scored. Election was rigged and soul in
Speaker 1: and now our country is being destroyed by people who
Speaker 1: got into office through cheating and through fraud. Now watch
Speaker 1: the cameras will all turn off as soon as I
Speaker 1: say that, because they're not allowed to put that off.
Speaker 1: Not really how that worked out, Rick. But in the
Speaker 1: case of Mitch McConnell, he's being booed as loudly as
Speaker 1: Hillary Clinton in this speech. Yeah. No, Look, I mean
Speaker 1: it's pretty clear that MAGA is not his friend, and
Speaker 1: they never have been, even when President Trump was in office.
Speaker 1: He uh challenged Mitch McConnell's leadership constantly. Uh. But then
Speaker 1: again he challenges his own secretaries of State and secretaries
Speaker 1: of of Defense and attorney general the same way. So look,
Speaker 1: there's there's not a structure in place that Donald Trump
Speaker 1: doesn't want to take on because he's the anti structure.
Speaker 1: He's anti leadership, he's anti control. So, um, I think
Speaker 1: this is just more the same. I would say Mitch
Speaker 1: just keeps his head down, he doesn't engage with him,
Speaker 1: he doesn't troll and uh and and he puts his
Speaker 1: money where his mouth is. He's running ads in states
Speaker 1: that uh some have Trump uh nominees and some don't.
Speaker 1: So um, you know, he's just playing out his game
Speaker 1: to try and become the leader. You know, Hillary Clinton's
Speaker 1: name did come up, Genie, and we got the full
Speaker 1: lock herrupt chant as the president. The former president talked
Speaker 1: about the emails well, complaining about the search of Mara Lago. Uh.
Speaker 1: How many years does this go on? Are we really
Speaker 1: we're still having this conversation? Oh? I think it goes
Speaker 1: on as long as Donald Trump is there. He also
Speaker 1: gave up electric cars, wind turbines. He talked about Mitch
Speaker 1: McConnell than he did better than he did you know,
Speaker 1: his own candidates that he was there to talk about.
Speaker 1: It just fascinating to me how long Hillary Clinton can
Speaker 1: remain you know, the foil. It doesn't matter how many
Speaker 1: years passed. But I want you to listen to this
Speaker 1: next one, Genie, the president of the United States, former
Speaker 1: President Donald Trump, talking about the funding for the war
Speaker 1: in Ukraine. Listen, you know we just sent another thirteen
Speaker 1: billion dollars. Do you create that gets us close to
Speaker 1: eighty billion dollars? Well there's another boom. Well, it angers
Speaker 1: me more for a different reason. It would have never
Speaker 1: happened before Putin knew he wouldn't have done it. He said, Vladimir,
Speaker 1: you're not gonna do it. At Vladimir, you knew that.
Speaker 1: He knew it. He knew it. Well, we don't know
Speaker 1: about that, genie. But what do you make of the
Speaker 1: crowd booing at billions of dollars for Ukraine? Is that
Speaker 1: the beginning of the split here in the Republican Party
Speaker 1: on war funding? You know, I do think we have
Speaker 1: to be careful about judging too much based off these crowds.
Speaker 1: You know, Donald Trump's candidates himself, they get about they
Speaker 1: don't get much more. They're still widespread support for funding
Speaker 1: and helping the Ukraine battle Russia. That said, I do
Speaker 1: think this is something particularly if energy costs keep rising,
Speaker 1: particularly if Europe has the energy crisis we expected does
Speaker 1: this winter, that there may be a decrease in some
Speaker 1: of the support for funding. But you know he's not
Speaker 1: making a serious case of that. What he's basically saying
Speaker 1: is if I was president, none of this would have happened.
Speaker 1: And of course we know that's not true. If that's
Speaker 1: a cell line, Rick, what does that tell us about
Speaker 1: the Republican Party in this story? Well, he's the same
Speaker 1: crowd that food getting COVID vaccine. So you I think
Speaker 1: that tells you everything you need to know about that crowd,
Speaker 1: got it? Rick Davis, dni Chanzano. Our signature panel will
Speaker 1: return as we turn to what happened today at ten
Speaker 1: Downing Street. How about it a new prime minister and
Speaker 1: we'll discuss it straight ahead on the fastest hour in
Speaker 1: politics of Joe Matthew. This is Bloomberg Prime Ministers Trust
Speaker 1: stands before number ten Downing with a message. Here she
Speaker 1: is I'm honored to take on this responsibility at a
Speaker 1: vital time for our country. What makes the United Kingdom.
Speaker 1: Great is our fundamental belief in freedom, in enterprise, and
Speaker 1: in fair play. Our people have shown grit, courage and
Speaker 1: determination time and time again, and so here we go.
Speaker 1: Reports say she has spoken with or may still be
Speaker 1: speaking to, Joe Biden. Gott to be exhausted after this
Speaker 1: day meeting with the Queen. The whole thing we heard
Speaker 1: from Boris Johnson, who's going to start putting up billboards
Speaker 1: that say missed me yet, And we get to talk
Speaker 1: about it with Flavia Across Jackson, Bloomberg's managing editor for
Speaker 1: US Politics and Government, who's kind to take a moment
Speaker 1: for us here. Flavia, thanks for joining us. I make
Speaker 1: a joke there, but there is something to be said
Speaker 1: for that, right is is the best thing that's happened
Speaker 1: to Boris Johnson's reputation in a few weeks. I mean,
Speaker 1: I don't know. I mean Boris Johnson was You can
Speaker 1: say what you want about him, but he was jolly
Speaker 1: good fun um and I'm sure Biden and he shared
Speaker 1: quite a few laughs. I'm not quite sure he's going
Speaker 1: to have the same with list Trust, who's you know,
Speaker 1: very very different and far more serious socially, quite awkward
Speaker 1: um and potentially far more conservative. Um. So you know,
Speaker 1: Will always has to be careful about during the end
Speaker 1: of Boris because you never know what's coming around the corner.
Speaker 1: Uh and Liszt. Trust could prove to be quite tricky
Speaker 1: on things like exits, um, among other things. How about
Speaker 1: like heating homes. That's going to be a big part
Speaker 1: of the immediate challenge here is getting through winter. Bloomberg
Speaker 1: had a really important story today on Trust's plan to
Speaker 1: help tackle energy bills. Is that issue number one for her? Oh? Absolutely?
Speaker 1: I mean honestly, if you can ever think of the
Speaker 1: worst times become prime minister in in in the UK,
Speaker 1: it would be this one. I mean, what's in her
Speaker 1: entray is just absolutely shocking. Um. The economy is in
Speaker 1: the toilet, the cost of living um. I mean if
Speaker 1: there was an election now, she would probably lose it. Um.
Speaker 1: So you know that the big thing is that right
Speaker 1: now she was anaptical on election four. So technically she's
Speaker 1: got two years. But as he has seen with the
Speaker 1: conservative bunch, you know, if you don't turn it around,
Speaker 1: they get rid of you, and they get rid of
Speaker 1: you in ways that are quite brutal. As Boris Johnson. Yeah, boy,
Speaker 1: they really do. I mean it's just incredible for Americans
Speaker 1: to watch. But Flavia, what will make Liz trust more
Speaker 1: conservative than Boris Johnson? What is it that you see
Speaker 1: ahead well? I mean, for example, on on the Brexit stuff.
Speaker 1: I mean, she's very interesting on that because if you
Speaker 1: go back a little bit back into thousand and sixteen
Speaker 1: and all these conservatives are trying to work out, you know,
Speaker 1: which side of the Pensilan they were going to go.
Speaker 1: She was a remainder. I she was anti Brexit, but
Speaker 1: boy that she turned that around when we saw that
Speaker 1: the referendum went a certain way and she became a
Speaker 1: real zeal at, a real concert. And now you could
Speaker 1: say that, you know, she's even more of a brexit here,
Speaker 1: uh than even Johnson was. So one of the things
Speaker 1: that obviously you officials are very concerned about, and the
Speaker 1: Biden administration as well, is whether she is going to
Speaker 1: rip up the so called Northern Ireland Protocol. I mean
Speaker 1: he's put up very simply. I mean, it took years
Speaker 1: to get just the right balance um with with with Brexit,
Speaker 1: and you know, the Brid's got a bit of fum deal.
Speaker 1: But what was arranged was that you weren't going to
Speaker 1: try and jetterdize a Good Friday Agreement which was essentially
Speaker 1: what you know, prevented you know, decades of violence between
Speaker 1: Northern Ireland and the rest of and and and the
Speaker 1: and something that Joe Biden feels very strongly about. Absolutely,
Speaker 1: you nailed it. I mean, he is a proud irishman,
Speaker 1: um and this is something that he gets about very
Speaker 1: very deeply, and that we've written about um And so
Speaker 1: he you know, he scolded Johnson said do not mess
Speaker 1: around with the Good Friday Agreement. So here he's come,
Speaker 1: He's got Truss coming in saying, well, you know what,
Speaker 1: am I ripped it up? So I mean, I'm sure
Speaker 1: this has come up in the conversation, which I presumably
Speaker 1: presuming is ongoing. So that's something that's going to make
Speaker 1: the Biden in station slightly like take a bit of
Speaker 1: a guarded approach. I mean, the UK US relationship is
Speaker 1: is just not as special and trust herself. Last year
Speaker 1: UM at an event, so they said, you know what,
Speaker 1: we're we don't punter. Remember how she described it. Essentially
Speaker 1: she used language the tune of like we're no longer
Speaker 1: the sort of the teenage girl who wants invited the invited. Um.
Speaker 1: And and that's a very interesting way of looking at
Speaker 1: that relationship because the parts are absolutely obsessed with it
Speaker 1: at the times of Ronnie and and and Maggie. Um.
Speaker 1: But the honest in truth that relationship just hasn't been
Speaker 1: as strong when it comes to the personalities and their
Speaker 1: affinity and you know, and the backslapping. Um. So I
Speaker 1: can't image imagine Biden and Trust being the best of friends,
Speaker 1: but I can imagine them needing each other for things
Speaker 1: like China and Ukraine where to a politically, um, they're
Speaker 1: quite that they're on the same way. Thanks, Flavia, come
Speaker 1: back and see us again. I'm the leading you can
Speaker 1: in some time with this flavy across. Jackson helps to
Speaker 1: run the politics and government team for Bloomberg and dialed
Speaker 1: in on what's happening on the other side of the
Speaker 1: ocean here. I'd love to hear quickly from both of
Speaker 1: our panelists on this today, Genie. This is a pretty
Speaker 1: big deal, as we heard, though there could be some
Speaker 1: some daylight between Joe Biden and Liz Trust on some issues.
Speaker 1: Is this going to be a good relationship? We hope
Speaker 1: it's going to be but you know, talk about not
Speaker 1: having a honeymoon. She is coming into challenges that are
Speaker 1: going to make this, you know, such a difficult time
Speaker 1: for her. And the relationship with the Biden administration and
Speaker 1: the Good Friday Agreement we're just talking about those things
Speaker 1: are still you know, things that we're gonna have to
Speaker 1: watch and see what happens. This is somebody who you know,
Speaker 1: people describe as a shape shifter politically, and so we'll
Speaker 1: have to see where she comes out on some of
Speaker 1: these issues. I can't imagine she starts, uh, fooling around
Speaker 1: with a Good Friday Agreement. Right now in the offset here, Rick,
Speaker 1: there's a war in Ukraine going on, there's an energy
Speaker 1: crisis as well. Can Joe Biden keep her kind of
Speaker 1: in in that lane for now and and and keep
Speaker 1: her as a reliable part of the Ukrainian alliance? Yeah?
Speaker 1: I think what what the White House is probably looking
Speaker 1: for stability. I mean, they haven't had any in that
Speaker 1: relationship in the last month. And uh, and yet you're right,
Speaker 1: there are certain priorities that they want to see her
Speaker 1: address Ukraine, probably for the US being top of that list.
Speaker 1: But she of course has to look domestically and make
Speaker 1: sure that whatever ruling coalition she has sticks with her.
Speaker 1: I think Flavia did a great job of talking about
Speaker 1: the fact that she's got a two year lease in
Speaker 1: life on on her her her job. But the Conservative
Speaker 1: Party could throw her out tomorrow if they're unhappy. What
Speaker 1: a way to make a living politics and the fastest
Speaker 1: hour Here. This is sound On on Bloomberg Radio. I'm Joe,
Speaker 1: Matthew and Washington. Rick and Jenie are right back as
Speaker 1: we reassemble the panel with some important news on the
Speaker 1: Mara a Lago documents in the investigation into Donald Trump.
Speaker 1: This is Bloomberg. This is Bloomberg sound On on Bloomberg Radio.
Speaker 1: So the Special Master has been approved may not end
Speaker 1: that way. The Department of Justice can still appeal, many
Speaker 1: expect it will. But indeed Donald Trump got the clear
Speaker 1: from a federal judge to have a neutral third party
Speaker 1: review the documents seized by the FBI from Mara Lago
Speaker 1: a special master, which, as we've discussed, is inherently redundant
Speaker 1: because the Justice Department already has a filter team made
Speaker 1: up of third party members for this very purpose. Whomever
Speaker 1: this uh special Master is, he or she is going
Speaker 1: to have to have quite the security clearance to spend
Speaker 1: time going through the documents. Here, let's reassemble the panel
Speaker 1: for their take on this, Rick Davis and Jeanie Chanzano
Speaker 1: or here Bloomberg Politics contributors. Rickett was fascinating the fascinating
Speaker 1: to hear from former Attorney General Bill Barr today. He
Speaker 1: is talking about this on Fox and basically lays out
Speaker 1: a scenario in which this is nothing but us a
Speaker 1: stall tactic. He says, it doesn't really change anything in
Speaker 1: the case. Listen to Bill Bar. The fundamental dynamics of
Speaker 1: the case are set, which is, the government has very
Speaker 1: strong evidence of what it really needs to determine whether
Speaker 1: charge is appropriate, which is government documents were taken, classified
Speaker 1: information was taken and not handled appropriately, and uh they
Speaker 1: are looking into and there's some evidence to suggest that
Speaker 1: they were deceived and and none of that really relates
Speaker 1: to the content of documents. It's interesting, Rick, He's saying
Speaker 1: that basically it doesn't matter what they found. The classification
Speaker 1: of these documents and the way they were handled is
Speaker 1: the issue. So does the GEO the d o J
Speaker 1: appeal this or just let it ride. Well, I think
Speaker 1: earlier in the interview. Um, you know, former Attorney General
Speaker 1: Barr said he would definitely appeal. He suggested that that's
Speaker 1: a no brainer for the thought they'd win, actually right,
Speaker 1: and thought they'd win. So Uh, he felt this was
Speaker 1: really a deeply flawed decision. I mean he was he
Speaker 1: was slamming this decision. I mean, for a former attorney
Speaker 1: general to weigh in on an issue with the his
Speaker 1: boss at at stake is just really phenomenal. And I
Speaker 1: think he's made good use of his voice. Uh. And
Speaker 1: I couldn't imagine a better place to do it than
Speaker 1: on Fox. Is this kind of just old fashioned Trump
Speaker 1: legal maneuvering here, just on a really grand stage, Genie.
Speaker 1: You know, I should say Bill Barr is really in
Speaker 1: line with most legal scholars, many of whom are throwing
Speaker 1: their hands up at this decision. And you know, Donald
Speaker 1: Trump had a right to ask for this, his team
Speaker 1: had a right to ask for it. But the reality
Speaker 1: is the fact that it was granted makes almost no
Speaker 1: sense legally. And you can look through conservative liberal all
Speaker 1: of the people, it's very very difficult to find legal
Speaker 1: scholars who are supporting this decision. The reality is this
Speaker 1: is material that Donald Trump and no person out of
Speaker 1: office has a right to have at their home. He
Speaker 1: admits it is at their home his home, and he
Speaker 1: had no right to it, So why a special master.
Speaker 1: So from almost every perspective, Bill Barr isn't keeping with
Speaker 1: what many people are saying, and they're saying it sets
Speaker 1: a bad precedent. The problem for the do o J Is,
Speaker 1: of course, we're coming closer and closer to an election.
Speaker 1: What do you do if this extends out that much further?
Speaker 1: And that's what makes the idea of an appeal hard
Speaker 1: for them. The idea of executive privilege is also a
Speaker 1: difficult one here Rick as a former president tries to
Speaker 1: claim executive privilege from a sitting president basically, And there
Speaker 1: are a lot of folks thinking this is going to
Speaker 1: the Supreme Court? Are you one of them? Um? You
Speaker 1: know it could go to the Supreme Court. I'm not
Speaker 1: sure what issue would drive it to the Supreme Court.
Speaker 1: And I think we've got some time. I mean, Will
Speaker 1: Bar called this a rain delay, you know in baseball metaphor,
Speaker 1: and I and I think the reality is the Justice
Speaker 1: Apartment is not gonna indict anybody that could affect the election,
Speaker 1: you know, within sixty days the election, so we're we're there,
Speaker 1: and so this is I think going to be something
Speaker 1: that plays itself out over the long term, but really
Speaker 1: post election, so a delayed tactic, genie. Uh, do Democrats
Speaker 1: keep hitting them on this on the campaign trail because
Speaker 1: it sounds like Donald Trump bought himself some time for
Speaker 1: his own message to survive November. You know, I think
Speaker 1: this works, you know, four Democrats if we're talking politically
Speaker 1: and on the campaign trail, because the more Trump, the
Speaker 1: more he's in the news, the better. The problem is legally,
Speaker 1: and you know, you raise a really important point on
Speaker 1: executive privilege. The Supreme Court at some point is going
Speaker 1: to have to define how far this extends. Most legal
Speaker 1: scholars say after you leave the presidency that privilege is ended.
Speaker 1: And of course Joe Biden weighed in on the fact
Speaker 1: that this wasn't privileged, and yet in the decision, the
Speaker 1: judge said he hadn't been clear on that. So there
Speaker 1: may be some things that have to be resolved like that,
Speaker 1: either at the appellate or the Supreme Court all but
Speaker 1: as we know, that takes time. Again, this helps Democrats
Speaker 1: in terms of the election, but what it doesn't help
Speaker 1: is in terms of legal decision making in this country,
Speaker 1: and that I think is a real problem what this
Speaker 1: sort of portends going forward for other people. Similarly situated
Speaker 1: Hillary Clinton on Twitter earlier today. And I remember earlier
Speaker 1: this hour as I mentioned the Hillary Clinton line that
Speaker 1: got the big lock her up chant at the Trump
Speaker 1: rally Saturday night in Wilkes Barre, and he talked about,
Speaker 1: you know, what is this his own issue here with
Speaker 1: the FBI compared to the thirty emails Hillary Clinton rights
Speaker 1: just a few hours ago. It's a little bit of
Speaker 1: a threat. I can't believe we're still talking about this
Speaker 1: but my emails. As Trump problems continue to mount, the
Speaker 1: right is trying to make this about me again. There's
Speaker 1: even a Clinton standard. The fact is I had zero
Speaker 1: emails that were classified. She goes on to tweet call
Speaker 1: me admitted he was wrong after he claimed I had
Speaker 1: classified emails. So that's one thing she clearly wants to
Speaker 1: to set aside. Trump's own State Department, under two different secretaries,
Speaker 1: found I had no classified emails. By contrast, Trump has
Speaker 1: hundreds of documents clearly marked classified and the investigation just started.
Speaker 1: And then she links to a website here if you're
Speaker 1: interested in the facts and so forth. I don't know
Speaker 1: what year it is sometimes Rick when when we're talking
Speaker 1: about Hillary Clinton versus Donald Trump. But I guess she
Speaker 1: had to say something with regard to all of this,
Speaker 1: uh and stay in the news while she's at it.
Speaker 1: Is this a win for Hillary Clinton today? No, this disaster.
Speaker 1: I mean, like to nied Tony and I I mean,
Speaker 1: like the fact that Hillary Clinton is back in the
Speaker 1: narrative is a reminder why she didn't win the presidency
Speaker 1: against him in two thousand. She right that these are
Speaker 1: different cases. Though these are different cases, but the fact
Speaker 1: that she's getting into his case is an indication of
Speaker 1: her sensitivity to what Donald Trump says. And I think
Speaker 1: we should have learned a long time ago. You can't
Speaker 1: be in sensitive to Donald Trump. You got to ignore
Speaker 1: the guy. And the reality is she's now putting herself
Speaker 1: in the middle of this story, and that's what he
Speaker 1: was looking for. The one thing he wants is to
Speaker 1: engage her in a public you know, display of affection
Speaker 1: kind of you know, his his his form of it.
Speaker 1: And so now it just empowers him to come back
Speaker 1: and do some more Hillary Clinton bashing. I mean, she
Speaker 1: is a nonentity for for Democrats to to turn out votes.
Speaker 1: And and she's just given fire to him to be
Speaker 1: able to rally up his group and get a few
Speaker 1: more lock her ups at his next rally. Well, yeah,
Speaker 1: I guess that's uh, that's the case, Genie. Is it
Speaker 1: important to delineate between these two cases though, since you're
Speaker 1: gonna hear Donald Trump prefer to Hillary Clinton as long
Speaker 1: as this is alive, yeah, he will. And she, to
Speaker 1: Rick's point, should not take the bait. I mean, this
Speaker 1: is the same thing he's taking Biden's bait, she's taking
Speaker 1: his bait. She should be quiet on this. And the
Speaker 1: reality is these are two completely separate issues. For one,
Speaker 1: Donald Trump took to his home that was not sick cure,
Speaker 1: these these papers that belong to the government and are confidential,
Speaker 1: then for a year when he was asked to return them,
Speaker 1: did not return them. He admits to all that that's
Speaker 1: a far cry from what Hillary Clinton was accused even
Speaker 1: of doing. And you know, but politically this doesn't help
Speaker 1: her and it doesn't help Democrats. She should stay out
Speaker 1: of the fray, let him talk and not respond. And
Speaker 1: and you know she's had trouble doing that and that
Speaker 1: works to his benefit, and he'll keep going at r
Speaker 1: at this point. Yeah, this is part of the stump speech, right, Rick,
Speaker 1: I mean, we're gonna hear her name every time Donald
Speaker 1: Trump's at a podium between now and I don't know when. Yeah,
Speaker 1: I mean, and and by the way, that's been the
Speaker 1: case for a long time. The difference here is you
Speaker 1: actually heard her respond and and not just a rookie mistake.
Speaker 1: But at the end of the day, Look, a lot
Speaker 1: of people have checked out on Donald Trump, right, I mean,
Speaker 1: the reason he's got a favorability rating, blow fort is
Speaker 1: because the rest of the country has moved on. They're
Speaker 1: not relitigating the last election. They're not worried about, you know,
Speaker 1: Hillary Clinton's emails. And yet this is how he keeps
Speaker 1: in the news. And the fact that we're spending all
Speaker 1: this time talking about him and the charges city makes
Speaker 1: that have no bearing in reality is exactly what he
Speaker 1: wants us to do, which is which is on all
Speaker 1: of us here in of course, the media. I've got
Speaker 1: one more story for you now that I've got you
Speaker 1: both together here. Big news from Russia today with another
Speaker 1: round of sanctions against America and uh, none other than
Speaker 1: on this list. There's a couple of actors on this list,
Speaker 1: including this one justin let him have it all. There's
Speaker 1: some tasty ebbs, cool buzz, Jeff Spiccoli targeted by Vladimir Putin,
Speaker 1: Sean Penn of course, also Ben Stiller. These are the
Speaker 1: two so Zoolander and Speccoli have been sanctioned by Vladimir Putin,
Speaker 1: along with UH five citizens permanently banned from entering the country.
Speaker 1: Here it includes senators and analysts at a couple of
Speaker 1: think tanks. Uh rick. How do they write up these
Speaker 1: lists here? I mean, are they just kind of throwing
Speaker 1: darts or do they think they where This is really
Speaker 1: going to get the Americans when they find out Sean
Speaker 1: Penn is on this list, We're getting close to home.
Speaker 1: I thought cannabis was illegal in Moscow. I mean, you know,
Speaker 1: there's clearly some serious dope smoking in the Kremlin going on. Wow.
Speaker 1: I mean I actually was wondering why on you know,
Speaker 1: TV last night were they were they showing fast times
Speaker 1: at Ridgemont High. Now I know it was all because that.
Speaker 1: I don't even need to turn up the sound. And
Speaker 1: Ben Stiller, really, Genie, I mean, I actually he he
Speaker 1: at least went over there. They both have I think,
Speaker 1: to meet with President Zelenski. But like, who's informing this
Speaker 1: conversation here? Is it? Is it Dennis Rodman? Did he
Speaker 1: make his way over there to free Brittney Grinder? What
Speaker 1: what world are we in? That's right? Who boy, could
Speaker 1: you have against Greg Fokker? One of the best and
Speaker 1: you really shouldn't attack him. And of course they both
Speaker 1: did visit, and you know, um, I was just walking
Speaker 1: meet watching Meet the parents and the other day it's
Speaker 1: a mostly I don't know what Vladimir Putin has against him.
Speaker 1: Oh my god, that's a good one. Producer Christine says
Speaker 1: Baccoli cannot enter Russia anyway without a shirt or shoes,
Speaker 1: no dice. Thanks to the panel, Rick and Genie. Great
Speaker 1: to have everyone back together on the fastest hour in politics.
Speaker 1: Will have details on the Massachusetts primary tomorrow. I'm Joe Matthew.
Speaker 1: This is Bloomberg.