1 00:00:00,120 --> 00:00:03,320 Speaker 1: Special counsel Robert Mueller has impaneled a federal grand jury 2 00:00:03,360 --> 00:00:05,760 Speaker 1: in Washington in his probe of Russia's meddling in the 3 00:00:06,640 --> 00:00:10,880 Speaker 1: election and possible collusion by Trump campaign associates. According to 4 00:00:10,920 --> 00:00:14,760 Speaker 1: three people familiar with the investigation, that and the expansion 5 00:00:14,800 --> 00:00:19,120 Speaker 1: of his team with high profile lawyers expert in international bribery, 6 00:00:19,320 --> 00:00:23,880 Speaker 1: organized crime, and financial fraud indicate that Mueller's investigation is 7 00:00:24,040 --> 00:00:28,560 Speaker 1: escalating likely passed simply a report to Congress. President Trump 8 00:00:28,600 --> 00:00:31,760 Speaker 1: did not comment directly on the grand jury when reporters 9 00:00:31,760 --> 00:00:35,400 Speaker 1: shouted questions at him, but he did repeat his allegations 10 00:00:35,400 --> 00:00:38,520 Speaker 1: that the investigation is a fiction at a rally last 11 00:00:38,600 --> 00:00:44,960 Speaker 1: night in West Virginia. The Russia story is a total fabrication. 12 00:00:45,880 --> 00:00:50,680 Speaker 1: It's just an excuse for the greatest loss in the 13 00:00:50,880 --> 00:00:56,920 Speaker 1: history of American politics. Ty Cobb, special counsel to the President, 14 00:00:57,000 --> 00:00:59,200 Speaker 1: said in a statement that he wasn't aware that Mueller 15 00:00:59,320 --> 00:01:02,320 Speaker 1: was using a and jury, but the White House favors 16 00:01:02,400 --> 00:01:06,800 Speaker 1: anything that accelerates the conclusion of his work fairly. Our 17 00:01:06,880 --> 00:01:10,440 Speaker 1: guests are Jed Sugarman, professor at Fordham University Law School, 18 00:01:10,480 --> 00:01:14,479 Speaker 1: and Jeane Healy, vice president at the CATO Institute Jed. 19 00:01:14,680 --> 00:01:16,840 Speaker 1: There's been a great deal of hype about what the 20 00:01:16,880 --> 00:01:20,280 Speaker 1: impaneling of the grand jury in DC means and can 21 00:01:20,319 --> 00:01:23,320 Speaker 1: mean a lot of things, but prosecutors often work with 22 00:01:23,440 --> 00:01:29,640 Speaker 1: dedicated grand juries. Investigations tell us about that, so this 23 00:01:29,720 --> 00:01:33,160 Speaker 1: is not It's not so surprising that that Mueller would 24 00:01:33,200 --> 00:01:35,200 Speaker 1: be getting to a grand jury at some point. But 25 00:01:35,240 --> 00:01:37,360 Speaker 1: there are several things that are really significant about this. 26 00:01:37,800 --> 00:01:41,080 Speaker 1: It's it is rare to have a dedicated special grand 27 00:01:41,160 --> 00:01:44,480 Speaker 1: jury for um an investigation, and I think one of 28 00:01:44,520 --> 00:01:47,520 Speaker 1: the biggest things is that this indicates that there will 29 00:01:47,560 --> 00:01:52,680 Speaker 1: be a strong focus and sustain uh commitment to a 30 00:01:52,720 --> 00:01:56,160 Speaker 1: series of investigations. It's also worth noting that it shifts 31 00:01:56,200 --> 00:02:00,160 Speaker 1: the grand jury from Virginia to Washington, d C. That's 32 00:02:00,160 --> 00:02:01,960 Speaker 1: a big deal for who will be on the jury. 33 00:02:01,960 --> 00:02:05,440 Speaker 1: That's a much more democratic tool to draw from that. 34 00:02:05,600 --> 00:02:07,480 Speaker 1: Lets of a big deal for the grand jury, which 35 00:02:07,480 --> 00:02:10,600 Speaker 1: will issue indictments if the prosecutor wants them. It's a 36 00:02:10,680 --> 00:02:14,000 Speaker 1: much bigger deal for the trial jury, for which you 37 00:02:14,080 --> 00:02:19,399 Speaker 1: need unanimous convictions. Well, Gene, what can we expect that 38 00:02:19,440 --> 00:02:22,040 Speaker 1: the grand jury will do? Is it going to be 39 00:02:22,120 --> 00:02:25,840 Speaker 1: hearing testimony? Will there be what what what actions can 40 00:02:25,880 --> 00:02:29,160 Speaker 1: we expect Mueller and his investigators to take now that 41 00:02:29,200 --> 00:02:33,280 Speaker 1: they have a grand jury and panels. Well, I don't 42 00:02:33,280 --> 00:02:37,120 Speaker 1: want to speculate. There's a report for Ruters that they've 43 00:02:37,120 --> 00:02:43,519 Speaker 1: issued the subpoenas related to the June meeting between uh 44 00:02:43,600 --> 00:02:47,720 Speaker 1: Don Donald Trump, junior man of Ford Kushner, and the 45 00:02:47,800 --> 00:02:51,959 Speaker 1: Kremlin connected lawyer. But I would agree that it does 46 00:02:52,040 --> 00:02:56,840 Speaker 1: seem uh, that this is an indication that this is 47 00:02:56,840 --> 00:03:00,240 Speaker 1: not gonna be wrapped up anytime soon, that it's thing 48 00:03:00,320 --> 00:03:04,959 Speaker 1: on two more serious matters. It just to clarify, Jed, 49 00:03:05,800 --> 00:03:09,800 Speaker 1: does the existence of the grand jury indicate that Muller 50 00:03:09,919 --> 00:03:14,959 Speaker 1: will be pursuing criminal charges of some kind? Well, it 51 00:03:15,040 --> 00:03:18,600 Speaker 1: certainly makes it far more likely. It's a grand jury 52 00:03:18,680 --> 00:03:22,400 Speaker 1: is a necessary step in a federal criminal investigation to 53 00:03:22,480 --> 00:03:26,400 Speaker 1: get from an investigation to an indictment. So, uh, it's 54 00:03:26,440 --> 00:03:32,200 Speaker 1: a necessary step, uh, And it doesn't mean that it's automatic. 55 00:03:32,240 --> 00:03:34,280 Speaker 1: I don't think people should jump to the conclusion that 56 00:03:34,360 --> 00:03:37,360 Speaker 1: the existence of a grand jury means that indictments are 57 00:03:37,400 --> 00:03:40,040 Speaker 1: coming or coming anytime soon. But you have to keep 58 00:03:40,080 --> 00:03:42,440 Speaker 1: in mind that what the grand jury allows is very 59 00:03:42,480 --> 00:03:45,720 Speaker 1: broad powers by a prosecutor there is no judge that 60 00:03:45,800 --> 00:03:49,400 Speaker 1: supervises the grand jury. It's the prosecutor, the grand jury, 61 00:03:49,560 --> 00:03:54,000 Speaker 1: and witnesses or even defendants in the room, and that's 62 00:03:54,040 --> 00:03:58,200 Speaker 1: all under oath. So not only does this sweet into 63 00:03:58,400 --> 00:04:02,160 Speaker 1: the investigation passive, and now anyone who appears before the 64 00:04:02,160 --> 00:04:05,120 Speaker 1: grand jury is under oath and if they say things 65 00:04:05,120 --> 00:04:08,920 Speaker 1: that are inconsistent, they're under new legal jeopardy. So this 66 00:04:09,160 --> 00:04:13,200 Speaker 1: really is a very powerful tool by a prosecutor who 67 00:04:13,280 --> 00:04:17,040 Speaker 1: is moving towards uh in investment, moving along an investigation 68 00:04:17,120 --> 00:04:20,559 Speaker 1: to move along much faster, and having a dedicated grand 69 00:04:20,640 --> 00:04:24,479 Speaker 1: jury to this particular investigation means that he has this 70 00:04:24,600 --> 00:04:27,520 Speaker 1: as a tool at his disposal at any time that 71 00:04:27,640 --> 00:04:29,960 Speaker 1: will have background. He doesn't have to start over with 72 00:04:30,120 --> 00:04:34,720 Speaker 1: every new grand jury with appearing murder cases or theft cases. 73 00:04:35,000 --> 00:04:38,599 Speaker 1: He has a grand jury that is devoted and will 74 00:04:38,839 --> 00:04:41,480 Speaker 1: be up to date with each step of the investigation. 75 00:04:41,560 --> 00:04:44,120 Speaker 1: That's why this is so significant. We've been talking with 76 00:04:44,200 --> 00:04:47,240 Speaker 1: Jed Sugarman, a professor at Fordham University Law School, and 77 00:04:47,320 --> 00:04:51,799 Speaker 1: Jean Heally, vice president at the Cato Institute, about Special 78 00:04:51,800 --> 00:04:56,039 Speaker 1: Counsel Robert Mueller and paneling a federal grand jury in Washington. 79 00:04:56,960 --> 00:05:01,200 Speaker 1: Jean Mueller has also been really banning his team rather 80 00:05:01,320 --> 00:05:07,359 Speaker 1: rapidly about sixteen prosecutors when last I heard, and high 81 00:05:07,480 --> 00:05:12,480 Speaker 1: profile and they have experience in international bribery, organized crime, 82 00:05:12,560 --> 00:05:17,040 Speaker 1: and financial fraud. What does that tell you? Oh, it 83 00:05:17,080 --> 00:05:20,400 Speaker 1: tells me it's a serious effort. And Uh. One of 84 00:05:20,400 --> 00:05:23,000 Speaker 1: the things that I think is ironic in this whole 85 00:05:24,000 --> 00:05:28,440 Speaker 1: episode is the is how self inflicted all of this is. 86 00:05:28,680 --> 00:05:31,120 Speaker 1: It seems to me highly unlikely that we would have 87 00:05:31,120 --> 00:05:33,520 Speaker 1: had a special counsel if it weren't for the fact 88 00:05:34,080 --> 00:05:41,479 Speaker 1: that President Trump fired uh the FBI director, uh, you know, 89 00:05:41,760 --> 00:05:46,400 Speaker 1: pushed a story uh that it was about the Cliname 90 00:05:46,520 --> 00:05:50,919 Speaker 1: email investigation, abandoned that story three days later. Instead it 91 00:05:50,920 --> 00:05:55,160 Speaker 1: was about the Russia thing, and basically put uh Deputy A. G. 92 00:05:55,440 --> 00:05:58,800 Speaker 1: Rod Rosenstein in a in a position where it was 93 00:05:58,839 --> 00:06:02,960 Speaker 1: almost inevitable, but you would have to appoint a special council. Um, 94 00:06:03,360 --> 00:06:05,679 Speaker 1: And I guess it just remains to be seen whether 95 00:06:05,680 --> 00:06:08,680 Speaker 1: they're going to be further self inflicted wounds as this 96 00:06:08,800 --> 00:06:12,400 Speaker 1: goes on. Jed, is there a need for the Senate 97 00:06:12,520 --> 00:06:14,960 Speaker 1: or and and the rest of Congress to take action 98 00:06:15,080 --> 00:06:19,800 Speaker 1: here to protect the integrity of the Special Council. I 99 00:06:19,839 --> 00:06:22,560 Speaker 1: think there is a need, and I think that um 100 00:06:22,760 --> 00:06:25,760 Speaker 1: what's what's very positive is that you've got members of 101 00:06:25,839 --> 00:06:28,760 Speaker 1: bipartisan effort in the Senate and in the House now 102 00:06:29,160 --> 00:06:32,360 Speaker 1: to put forward a statute. I think that's more important 103 00:06:32,400 --> 00:06:36,800 Speaker 1: as a signal to Trump that he shouldn't go further, 104 00:06:37,080 --> 00:06:40,799 Speaker 1: because now Congress is has a bipartisan effort to protect Mueller. 105 00:06:40,920 --> 00:06:44,279 Speaker 1: That's more important than with the statute they passed, because 106 00:06:44,279 --> 00:06:47,200 Speaker 1: I don't think any of us want to see UH 107 00:06:47,240 --> 00:06:50,520 Speaker 1: this go any further with or without a statute as 108 00:06:50,600 --> 00:06:54,279 Speaker 1: as a further clash between the branches. We just rather 109 00:06:54,320 --> 00:06:59,320 Speaker 1: have Mueller be able to have an investigation. And we 110 00:06:59,400 --> 00:07:03,400 Speaker 1: know sen that it's it's going to be up to 111 00:07:04,160 --> 00:07:09,480 Speaker 1: the new White House UH staff leader there, General Kelly 112 00:07:09,480 --> 00:07:13,840 Speaker 1: to to try to UH lead President Trump in the 113 00:07:13,920 --> 00:07:16,880 Speaker 1: right direction. So far, there's been no mention of trying 114 00:07:16,920 --> 00:07:20,680 Speaker 1: to fire Robert Muller. But if he did try to 115 00:07:20,720 --> 00:07:25,720 Speaker 1: do so before the Congress took action, would it's set 116 00:07:25,800 --> 00:07:30,200 Speaker 1: up a replay of the nineteen seventy three Saturday Night massacre. 117 00:07:31,120 --> 00:07:35,320 Speaker 1: It's very well might. I think it's remarkable that you've 118 00:07:36,120 --> 00:07:39,400 Speaker 1: that there is this bipartisan cooperation to try to uh 119 00:07:39,720 --> 00:07:44,600 Speaker 1: to head that eventuality off. You know, usually checks and 120 00:07:44,680 --> 00:07:47,800 Speaker 1: balances only really work when you have or or only 121 00:07:47,840 --> 00:07:51,080 Speaker 1: work well when you have divided government. But here you 122 00:07:51,160 --> 00:07:55,960 Speaker 1: have members of the president's own party, uh getting together 123 00:07:56,000 --> 00:08:00,720 Speaker 1: and a bipartisan fashion to try to prevent uh another 124 00:08:00,760 --> 00:08:05,160 Speaker 1: Saturday night massacre. Uh. So we will have to We'll 125 00:08:05,200 --> 00:08:07,800 Speaker 1: have to see. But it is if you want to 126 00:08:07,800 --> 00:08:09,760 Speaker 1: look for a bright side and all this, it is 127 00:08:10,360 --> 00:08:14,120 Speaker 1: nice to see Congress reassert itself this early in the 128 00:08:14,200 --> 00:08:19,120 Speaker 1: new administration. Jed. One of the things they've done is, uh, 129 00:08:19,240 --> 00:08:22,560 Speaker 1: they both parties seemed to be aligned on not allowing 130 00:08:22,720 --> 00:08:28,720 Speaker 1: for recess appointments by the president. What what is that about? Right? 131 00:08:28,800 --> 00:08:33,520 Speaker 1: This is very important because when there's a recess and 132 00:08:33,840 --> 00:08:39,360 Speaker 1: the constitution allows the president to appoint someone without Senate 133 00:08:39,360 --> 00:08:44,680 Speaker 1: confirmation for one year. So the speculation was that Trump 134 00:08:44,760 --> 00:08:48,600 Speaker 1: was going to fire Sessions because he was recused from 135 00:08:48,600 --> 00:08:53,160 Speaker 1: the Russian investigation, used the recess to appoint someone else, 136 00:08:53,240 --> 00:08:55,920 Speaker 1: and it really was pretty broad. He could have appointed 137 00:08:56,240 --> 00:08:59,080 Speaker 1: almost anyone else who had already been confirmed by the 138 00:08:59,160 --> 00:09:01,679 Speaker 1: Senate to he could have found someone who was a 139 00:09:03,080 --> 00:09:06,040 Speaker 1: loyalist that Tony to come in to the run the 140 00:09:06,080 --> 00:09:10,160 Speaker 1: Department of Justice as an Attorney general and fire uh 141 00:09:10,280 --> 00:09:15,240 Speaker 1: fire Mueller. Um without this, without a recess, Jake can't 142 00:09:15,280 --> 00:09:18,640 Speaker 1: appoint a new a G with that kind of flexibility. 143 00:09:18,720 --> 00:09:21,600 Speaker 1: It then returns if a word of fire Sessions, he 144 00:09:21,760 --> 00:09:25,960 Speaker 1: still could, but the line of succession is dictated and 145 00:09:26,200 --> 00:09:30,600 Speaker 1: much narrower to the career people who are underneath Rosen 146 00:09:30,679 --> 00:09:35,800 Speaker 1: Steam Jeane, we haven't heard that much about this grand jury. 147 00:09:35,920 --> 00:09:39,040 Speaker 1: In fact, it's apparently been going on for weeks before 148 00:09:39,080 --> 00:09:43,520 Speaker 1: there was some reporting about it. Um, it is under secrecy. 149 00:09:43,559 --> 00:09:47,280 Speaker 1: But the witnesses who come in, if he calls witnesses, 150 00:09:47,280 --> 00:09:50,200 Speaker 1: as we expect you will, if he subpoena's witnesses to testify, 151 00:09:50,400 --> 00:09:53,280 Speaker 1: could talk about it. Do you expect to seek to 152 00:09:53,400 --> 00:09:57,880 Speaker 1: hear leaks about this? I think there'll be enormous pressure 153 00:09:57,920 --> 00:10:00,480 Speaker 1: to get information about this. I mean, sir, only now 154 00:10:00,520 --> 00:10:04,920 Speaker 1: you're going to have reporters, uh, you know, hanging out 155 00:10:04,960 --> 00:10:09,200 Speaker 1: outside the courthouse trying to see who who who who's appearing. 156 00:10:09,840 --> 00:10:12,800 Speaker 1: Uh So I think there will be a good deal 157 00:10:12,840 --> 00:10:17,720 Speaker 1: of pressure for people to find out about what's going on. 158 00:10:17,800 --> 00:10:22,280 Speaker 1: And I suspect we'll we'll hear more about it, and 159 00:10:22,640 --> 00:10:25,360 Speaker 1: just in about a minute, Ging, do you think we're 160 00:10:25,440 --> 00:10:28,240 Speaker 1: going Jed, do you think that we're going to see 161 00:10:28,240 --> 00:10:30,040 Speaker 1: a lot of action right now that's going to get 162 00:10:30,120 --> 00:10:32,040 Speaker 1: leaked out or is it going to go quiet for 163 00:10:32,080 --> 00:10:36,960 Speaker 1: a while. I think it's been impressive about how little 164 00:10:37,040 --> 00:10:41,520 Speaker 1: leaking there's been from the mullarks from inside the Mueller team, 165 00:10:41,559 --> 00:10:44,760 Speaker 1: compared to how much unprecedented amount of leaking there has 166 00:10:44,800 --> 00:10:48,040 Speaker 1: been from the White House. Uh. This I think reflects 167 00:10:48,640 --> 00:10:54,760 Speaker 1: on Mueller's professionalism and the professionalism of his really prestigious 168 00:10:54,760 --> 00:10:58,480 Speaker 1: team of lawyers quite a contrast. I want to thank 169 00:10:58,520 --> 00:11:02,120 Speaker 1: you both for being on Blueburg Law. That's Jed Sugerman. 170 00:11:02,120 --> 00:11:04,920 Speaker 1: He is a professor at Fordham University Law School and 171 00:11:05,040 --> 00:11:09,080 Speaker 1: Gene Heely, vice president at the Cato Institute, talking about 172 00:11:10,080 --> 00:11:13,880 Speaker 1: Robert Mueller is impaneling a federal grand jury in Washington, 173 00:11:14,000 --> 00:11:17,440 Speaker 1: d C. Coming up on Bloomberg Law, a lawyer who's 174 00:11:17,559 --> 00:11:21,640 Speaker 1: making it less profitable to sue when companies merge. We're 175 00:11:21,640 --> 00:11:26,679 Speaker 1: talking about class action lawsuits and he represents dissatisfied members 176 00:11:26,679 --> 00:11:30,199 Speaker 1: of class action lawsuits. And then we're gonna be talking 177 00:11:30,240 --> 00:11:34,280 Speaker 1: about the Supreme Court and its business cases his last term. 178 00:11:34,360 --> 00:11:38,119 Speaker 1: How well did businesses do? Very well? This is Bloomberg