1 00:00:00,520 --> 00:00:03,360 Speaker 1: It is Bloomberg BusinessWeek Daily. We love checking in with mayors. 2 00:00:03,360 --> 00:00:05,320 Speaker 1: They're the ones on the ground in cities and towns 3 00:00:05,320 --> 00:00:07,120 Speaker 1: across the country. They're the ones who are making the 4 00:00:07,160 --> 00:00:10,120 Speaker 1: decisions that affect the lives of people in their communities, 5 00:00:10,680 --> 00:00:13,319 Speaker 1: and they hear from people in their communities when they're 6 00:00:13,360 --> 00:00:16,000 Speaker 1: just walking down the street. Mayor Brandon Scott of Baltimore 7 00:00:16,239 --> 00:00:17,720 Speaker 1: is one of those mayors, and he joins us now 8 00:00:17,720 --> 00:00:20,680 Speaker 1: in the Bloomberg Interactive Brokers studio. We should note that 9 00:00:20,720 --> 00:00:23,520 Speaker 1: the city has received money from Bloomberg Philanthropies. It is 10 00:00:23,560 --> 00:00:26,439 Speaker 1: the philanthropic arm of Bloomberg Elipy, the parent company of 11 00:00:26,680 --> 00:00:31,560 Speaker 1: Bloomberg Radio. Mayor, welcome to the program. Re elected in 12 00:00:31,600 --> 00:00:34,040 Speaker 1: twenty twenty four, you've been mayor since twenty twenty. I 13 00:00:34,120 --> 00:00:36,479 Speaker 1: want to start with the government shutdown, because you are 14 00:00:36,520 --> 00:00:39,120 Speaker 1: pretty close to Washington, DC. You've got some folks in 15 00:00:39,880 --> 00:00:44,040 Speaker 1: your community who certainly work there and obviously benefit from 16 00:00:44,680 --> 00:00:47,680 Speaker 1: people working in the government. The President making comments earlier 17 00:00:47,680 --> 00:00:49,800 Speaker 1: today that we can expect layoff details in four to 18 00:00:49,920 --> 00:00:53,400 Speaker 1: five days. How's the shutdown affecting your constituents right now? 19 00:00:53,520 --> 00:00:57,240 Speaker 2: Well, there's a lot of my constituents on uneasy right 20 00:00:57,520 --> 00:01:00,280 Speaker 2: when you're thinking about over twelve thousand Baltimore we're in 21 00:01:00,480 --> 00:01:04,240 Speaker 2: work for the federal government, either directly or on contract. 22 00:01:04,240 --> 00:01:06,600 Speaker 2: And then when you think about what that's going to 23 00:01:06,680 --> 00:01:09,240 Speaker 2: mean for them and their families, they're just not at 24 00:01:09,240 --> 00:01:11,440 Speaker 2: ease right now. And folks want to go to work. 25 00:01:11,560 --> 00:01:13,679 Speaker 2: They want their government to be working. And of course 26 00:01:13,720 --> 00:01:17,119 Speaker 2: then all our ratherdents who depend on programming and things 27 00:01:17,120 --> 00:01:19,080 Speaker 2: that are just going to be out there that may 28 00:01:19,080 --> 00:01:21,400 Speaker 2: not be having a direct impact as if yet father 29 00:01:21,480 --> 00:01:24,679 Speaker 2: shut down, but as it continues and goes on, it 30 00:01:24,760 --> 00:01:25,240 Speaker 2: would be. 31 00:01:25,440 --> 00:01:27,640 Speaker 3: What do you consider what do you consider your biggest 32 00:01:27,640 --> 00:01:31,080 Speaker 3: problem in running the city? I mean Baltimore. You know 33 00:01:31,120 --> 00:01:34,640 Speaker 3: we report about it a lot. It is the fourth 34 00:01:34,640 --> 00:01:37,720 Speaker 3: most dangerous according to US News and World Report the summer, 35 00:01:37,800 --> 00:01:40,880 Speaker 3: ranking Baltimore the fourth most dangerous city in the country 36 00:01:40,920 --> 00:01:44,760 Speaker 3: behind Memphis, Oakland, and Saint Louis based on FBI data. 37 00:01:45,240 --> 00:01:48,160 Speaker 3: They look at property crime, they look at murders per capita. 38 00:01:48,240 --> 00:01:50,440 Speaker 3: But what are you as mayor. I'm sure there's a 39 00:01:50,440 --> 00:01:52,520 Speaker 3: lot that's on your plate. What's top of mind? 40 00:01:52,640 --> 00:01:54,520 Speaker 4: Well, listen, violence is always top of mi us. 41 00:01:54,560 --> 00:01:56,680 Speaker 2: The reason why I got into office and we understand 42 00:01:56,680 --> 00:01:58,320 Speaker 2: that we have a long way to go. But I 43 00:01:58,360 --> 00:02:00,880 Speaker 2: know you guys know here Bloomberg the many years that 44 00:02:00,920 --> 00:02:03,040 Speaker 2: we were number one on that list, and as you 45 00:02:03,080 --> 00:02:05,520 Speaker 2: and I are talking today, I think it's the mode 46 00:02:05,680 --> 00:02:09,840 Speaker 2: and the talversation around Baltimore and violence has shifted significantly. 47 00:02:10,160 --> 00:02:13,320 Speaker 2: We have the fewest amount of homicide through any October 48 00:02:13,360 --> 00:02:17,079 Speaker 2: seventh on record today. That is a big change. When 49 00:02:17,120 --> 00:02:20,560 Speaker 2: I said twenty twenty one, laying out our Comperhenceive Violence 50 00:02:20,560 --> 00:02:23,280 Speaker 2: Prevention plan, that we were going to reduce homicide by 51 00:02:23,320 --> 00:02:25,880 Speaker 2: fifteen percent from one year to the next, people literally laughed. 52 00:02:26,200 --> 00:02:28,600 Speaker 2: Right now, it's down thirty percent from last year, and 53 00:02:28,720 --> 00:02:30,880 Speaker 2: last year was a record reduction for us. 54 00:02:31,040 --> 00:02:31,960 Speaker 4: We're going to continue that. 55 00:02:32,080 --> 00:02:32,840 Speaker 3: How did you do it? 56 00:02:33,040 --> 00:02:36,160 Speaker 2: We did it throughout our conference's plan, which is which 57 00:02:36,200 --> 00:02:38,680 Speaker 2: is a bunch of things. One first and foremost, we 58 00:02:38,720 --> 00:02:41,080 Speaker 2: go and we identify those who are most likely to 59 00:02:41,120 --> 00:02:43,160 Speaker 2: be the victim of perpetrator of gun violence, and we 60 00:02:43,200 --> 00:02:45,959 Speaker 2: focus on them. We give them opportunities to change their life, 61 00:02:46,000 --> 00:02:48,600 Speaker 2: and if not, we remove them via law enforcement. 62 00:02:48,760 --> 00:02:50,320 Speaker 4: And that's how we're driving down violence. 63 00:02:50,360 --> 00:02:52,680 Speaker 2: We're focusing on guns and the flow of guns into 64 00:02:52,760 --> 00:02:55,240 Speaker 2: our city, going at the gun traffickers, those who are 65 00:02:55,320 --> 00:02:59,240 Speaker 2: using guns, arresting them at my direction with the police department, 66 00:02:59,280 --> 00:03:01,120 Speaker 2: turning them over to to our state's attorney and our 67 00:03:01,160 --> 00:03:04,880 Speaker 2: Attorney General. We have historical levels of investment into community 68 00:03:04,960 --> 00:03:07,760 Speaker 2: violence intervention where we have people who used to be 69 00:03:07,840 --> 00:03:09,760 Speaker 2: on the other side of the law going out and 70 00:03:09,800 --> 00:03:12,600 Speaker 2: preventing conflicts from escalating into violence. 71 00:03:12,800 --> 00:03:15,720 Speaker 4: All of it. We're going after gun manufacture. 72 00:03:15,280 --> 00:03:17,440 Speaker 3: People who understand where the problem the problem is. If 73 00:03:17,440 --> 00:03:19,600 Speaker 3: you're pulling them in to help you, they. 74 00:03:19,440 --> 00:03:21,680 Speaker 4: Were the problem and now they're part of the solution, 75 00:03:21,760 --> 00:03:23,360 Speaker 4: and what better way to do that? 76 00:03:23,400 --> 00:03:24,600 Speaker 3: Get us people to do that. 77 00:03:24,760 --> 00:03:27,760 Speaker 2: Well easy first and foremost, many people who have made 78 00:03:27,760 --> 00:03:30,240 Speaker 2: that mistake don't want people coming behind them to make 79 00:03:30,280 --> 00:03:32,840 Speaker 2: that and they know that we're growing this network of 80 00:03:33,040 --> 00:03:36,120 Speaker 2: community violence intervention workers in our city. So the word 81 00:03:36,160 --> 00:03:38,160 Speaker 2: is out that we want to give people a second 82 00:03:38,280 --> 00:03:40,800 Speaker 2: chance to be a part of solving a problem that 83 00:03:40,840 --> 00:03:41,960 Speaker 2: they once were causing. 84 00:03:42,360 --> 00:03:44,440 Speaker 1: The city, though in the crosshairs of the President he 85 00:03:44,480 --> 00:03:47,120 Speaker 1: called it a hellhole. Last month, you and Governor Wes 86 00:03:47,160 --> 00:03:50,440 Speaker 1: Moore said that law enforcement from the state will patrol 87 00:03:50,520 --> 00:03:51,080 Speaker 1: some areas. 88 00:03:51,120 --> 00:03:53,920 Speaker 2: Has that begun, Yeah, that's begun, and that's the governor 89 00:03:54,040 --> 00:03:57,520 Speaker 2: is actually restarting something that was ended by his predecessor. 90 00:03:58,160 --> 00:03:59,080 Speaker 4: Think about it like this. 91 00:03:59,240 --> 00:04:02,800 Speaker 2: You would not find any other state police department in 92 00:04:02,840 --> 00:04:05,320 Speaker 2: any state in this country not operating at all in 93 00:04:05,360 --> 00:04:08,960 Speaker 2: it only major city that's Baltimore City was the only 94 00:04:09,080 --> 00:04:11,720 Speaker 2: jurisdiction in Maryland that a Maryland state police did not 95 00:04:11,760 --> 00:04:14,800 Speaker 2: operate in the governor's restarting that, we're grateful for that 96 00:04:14,920 --> 00:04:16,599 Speaker 2: support and to continue that work. 97 00:04:16,880 --> 00:04:19,440 Speaker 1: Are you open to the President sending National Guard troops to. 98 00:04:19,400 --> 00:04:22,880 Speaker 4: This We've been very clear about that. Why we know 99 00:04:22,960 --> 00:04:24,520 Speaker 4: how to reduce violence in Baltimore. 100 00:04:24,760 --> 00:04:28,320 Speaker 2: We have reduced violence to its lowest levels ever recorded 101 00:04:28,440 --> 00:04:31,839 Speaker 2: on record, even lower than the president's first term. The 102 00:04:31,880 --> 00:04:34,640 Speaker 2: way that we have done it in partnership with our community, 103 00:04:34,760 --> 00:04:37,560 Speaker 2: with our police department, with our station attorney Ourtorney General, 104 00:04:37,600 --> 00:04:40,040 Speaker 2: and our federal law enforcement partners who work. 105 00:04:39,920 --> 00:04:42,320 Speaker 4: Beside us each and every day. That's how we should 106 00:04:42,360 --> 00:04:43,080 Speaker 4: continue that work. 107 00:04:43,080 --> 00:04:45,400 Speaker 2: If the President wants to help us, he should restore 108 00:04:45,480 --> 00:04:48,760 Speaker 2: grants and funding that was cut to organizations that helping that. 109 00:04:49,120 --> 00:04:52,800 Speaker 2: Restore grants, I mean funding cut from those law enforcement agencies. 110 00:04:52,839 --> 00:04:55,760 Speaker 2: This president has had the biggest of reduction in funding 111 00:04:55,800 --> 00:04:57,200 Speaker 2: for federal law enforment agencies. 112 00:04:57,200 --> 00:04:58,000 Speaker 4: They should be restored. 113 00:04:58,440 --> 00:04:59,640 Speaker 3: What funding are you not getting? 114 00:05:00,160 --> 00:05:01,680 Speaker 4: So for us, we have. 115 00:05:01,720 --> 00:05:04,760 Speaker 2: Not been directly impacted as of yet. It's our partner 116 00:05:04,880 --> 00:05:07,880 Speaker 2: organizations like for example, a Life Bridge helps them runs 117 00:05:07,880 --> 00:05:10,080 Speaker 2: the Center for Hope that's a part of our CVI 118 00:05:10,200 --> 00:05:14,400 Speaker 2: network that has programming around CBI's community violence intervention. They's 119 00:05:14,600 --> 00:05:17,000 Speaker 2: lost a five hundred thousand dollars grant. The same thing 120 00:05:17,520 --> 00:05:20,640 Speaker 2: for living classrooms. That's big work that is going to 121 00:05:20,720 --> 00:05:24,039 Speaker 2: be not happening, whether it be a hospital based response, 122 00:05:24,120 --> 00:05:27,839 Speaker 2: our community based responders. We need a victim assistance for 123 00:05:27,960 --> 00:05:30,400 Speaker 2: young people, getting those young people the services they need 124 00:05:30,600 --> 00:05:32,200 Speaker 2: that helps to drivent violence as well. 125 00:05:32,279 --> 00:05:36,200 Speaker 1: What will you do though, if the President sends troops, well, listen. 126 00:05:36,240 --> 00:05:39,360 Speaker 2: Will be prepared to take whatever action that we can, 127 00:05:39,520 --> 00:05:42,040 Speaker 2: be it legal, others, alongside our governor and our team, 128 00:05:42,360 --> 00:05:45,840 Speaker 2: based on when, what and how the President does something 129 00:05:45,920 --> 00:05:48,440 Speaker 2: if he does anything. But what we hope the President 130 00:05:48,480 --> 00:05:51,839 Speaker 2: does is to continue to support those agents that are 131 00:05:51,880 --> 00:05:54,840 Speaker 2: already working in our city and let them do their 132 00:05:54,839 --> 00:05:57,239 Speaker 2: work and lit the law enforcement partnership that is driven 133 00:05:57,320 --> 00:05:58,920 Speaker 2: us results this far. 134 00:05:59,279 --> 00:06:00,159 Speaker 4: Carrious all the way. 135 00:06:00,200 --> 00:06:02,480 Speaker 1: But even though crime has improved, even though you shared 136 00:06:02,480 --> 00:06:05,360 Speaker 1: statistics that show they're the best that they've ever been. 137 00:06:05,880 --> 00:06:10,560 Speaker 1: Like Carol mentioned, your city is still on a list 138 00:06:10,600 --> 00:06:12,480 Speaker 1: that you don't want to be on. So I say 139 00:06:12,520 --> 00:06:15,719 Speaker 1: to people out there who are saying, well, I would 140 00:06:15,720 --> 00:06:18,960 Speaker 1: feel more comfortable if there were an increased law enforcement presence, 141 00:06:19,000 --> 00:06:21,000 Speaker 1: and that could include federal trips. 142 00:06:21,040 --> 00:06:23,720 Speaker 2: Well, we had the National Guard in Baltimore in twenty 143 00:06:23,839 --> 00:06:26,120 Speaker 2: fifteen following the unrested Freddie Gray. 144 00:06:26,240 --> 00:06:28,960 Speaker 4: It's one of the most violent years ever. It didn't help. Right, 145 00:06:29,400 --> 00:06:31,200 Speaker 4: We have to remember this is not what those folks 146 00:06:31,279 --> 00:06:31,920 Speaker 4: signed up to do. 147 00:06:32,240 --> 00:06:37,520 Speaker 2: Allow those folks who sign up to go after a gun, traffickers, murderers, robbers, 148 00:06:37,520 --> 00:06:39,960 Speaker 2: car jackins to do their work and allow the other 149 00:06:40,040 --> 00:06:42,240 Speaker 2: people to do their work. And listen, there are other lists, 150 00:06:42,240 --> 00:06:44,039 Speaker 2: you know, there are many of these lists. We were 151 00:06:44,080 --> 00:06:46,360 Speaker 2: on some list, on some list we weren't on. Aw 152 00:06:46,440 --> 00:06:47,960 Speaker 2: the list that we want to be on is the 153 00:06:48,000 --> 00:06:50,920 Speaker 2: list of who has the largest reductions. And you will 154 00:06:50,960 --> 00:06:53,240 Speaker 2: be hard pressed to find a city in this country 155 00:06:53,279 --> 00:06:57,240 Speaker 2: that's had a sustainable, long term reduction like Baltimore's had. 156 00:06:57,279 --> 00:07:00,880 Speaker 2: From a September of twenty twenty two. I mean it's 157 00:07:00,880 --> 00:07:02,320 Speaker 2: twenty twenty three until now. 158 00:07:02,400 --> 00:07:04,920 Speaker 3: What do you see as what's wrong with politics today? 159 00:07:04,960 --> 00:07:07,400 Speaker 3: What do you think is wrong with what some say 160 00:07:07,440 --> 00:07:10,600 Speaker 3: is the Democratic Party not very clear in its mission 161 00:07:10,640 --> 00:07:11,880 Speaker 3: and kind of stepping. 162 00:07:11,640 --> 00:07:14,320 Speaker 4: Up, well, very simply, I think that, And I ask. 163 00:07:14,240 --> 00:07:15,720 Speaker 3: You because I think there's a lot of forgive me, 164 00:07:15,760 --> 00:07:18,720 Speaker 3: but there's a lot of folks who think there are 165 00:07:18,760 --> 00:07:22,720 Speaker 3: politicians who become career politicians and things haven't changed and 166 00:07:22,760 --> 00:07:23,600 Speaker 3: we need some change. 167 00:07:23,680 --> 00:07:25,640 Speaker 2: Well, I think that what folks have to understand is 168 00:07:25,640 --> 00:07:27,880 Speaker 2: that for me, and I say this about the Democratic 169 00:07:27,920 --> 00:07:31,080 Speaker 2: Party all the time, more recently, they have to let 170 00:07:31,120 --> 00:07:34,600 Speaker 2: the folks that are closest to the problem be outfront 171 00:07:34,600 --> 00:07:36,720 Speaker 2: and part of the solution, meaning they need to listen 172 00:07:36,760 --> 00:07:38,480 Speaker 2: to mayors. The mayors are the ones that have to 173 00:07:38,480 --> 00:07:40,080 Speaker 2: solve the problems. The mayors are the ones that have 174 00:07:40,120 --> 00:07:42,320 Speaker 2: to meet the people in the grocery store. And we've 175 00:07:42,360 --> 00:07:44,680 Speaker 2: proven in city after city at the city we know 176 00:07:44,800 --> 00:07:46,680 Speaker 2: how to drive down crime, and you have. 177 00:07:46,640 --> 00:07:48,160 Speaker 4: To talk to people where they are. 178 00:07:48,320 --> 00:07:50,040 Speaker 2: We have to get out of being up in the 179 00:07:50,080 --> 00:07:52,520 Speaker 2: sky with pie and the sky talk to people in 180 00:07:52,600 --> 00:07:55,520 Speaker 2: real sense, real things that impact them and explain to 181 00:07:55,560 --> 00:07:57,800 Speaker 2: them how these things are going to make their communities better. 182 00:07:57,840 --> 00:07:58,960 Speaker 3: How long do you want to be mayor? 183 00:07:59,200 --> 00:08:00,680 Speaker 2: I want to be mayor for as long as the 184 00:08:00,680 --> 00:08:02,800 Speaker 2: residence of Baltimore will have me. This will be my 185 00:08:02,880 --> 00:08:03,679 Speaker 2: second term. 186 00:08:04,000 --> 00:08:04,680 Speaker 4: Believe it or not. 187 00:08:04,720 --> 00:08:07,760 Speaker 2: I've been an elected office since twenty eleven, and this 188 00:08:07,840 --> 00:08:10,400 Speaker 2: is I've been in city hall since two thousand and seven. 189 00:08:10,760 --> 00:08:13,880 Speaker 4: But you're a young man right now, Yes, a young man. 190 00:08:14,440 --> 00:08:18,280 Speaker 4: I'll be forty two on my birthday. But this is 191 00:08:18,320 --> 00:08:19,640 Speaker 4: about making my city better. 192 00:08:19,720 --> 00:08:22,760 Speaker 2: I got into this service because I saw someone get 193 00:08:22,760 --> 00:08:25,280 Speaker 2: shot at seven years old and no one care and 194 00:08:25,400 --> 00:08:28,400 Speaker 2: wanting to drive down that violence, to have vacant housing. 195 00:08:28,440 --> 00:08:31,200 Speaker 2: Be it as lowest point in my lifetime in Baltimore. 196 00:08:31,360 --> 00:08:33,360 Speaker 2: Something we're proud of, but we're not celebrating. 197 00:08:33,400 --> 00:08:34,560 Speaker 4: We have a lot of work to do and we're 198 00:08:34,559 --> 00:08:35,000 Speaker 4: going to do it. 199 00:08:35,040 --> 00:08:36,600 Speaker 3: The reason I go back there is I do think 200 00:08:36,840 --> 00:08:38,880 Speaker 3: we talked about this in media that there isn't a 201 00:08:38,880 --> 00:08:41,880 Speaker 3: lot of you know, local publications anymore. A lot of 202 00:08:41,880 --> 00:08:44,680 Speaker 3: newspapers have shut down, and so we get kind of 203 00:08:44,720 --> 00:08:46,440 Speaker 3: the high in the Yeah, we don't need that, we 204 00:08:46,480 --> 00:08:49,040 Speaker 3: get that view, but we don't It's why we love 205 00:08:49,080 --> 00:08:52,000 Speaker 3: talking to mayors. But often people are mayors and then 206 00:08:52,000 --> 00:08:53,800 Speaker 3: they move up and they go to governor and then 207 00:08:53,800 --> 00:08:55,840 Speaker 3: they go to Congress and stuff. So I'm just curious, 208 00:08:55,920 --> 00:08:57,360 Speaker 3: how long do you want to stay on that loco? 209 00:08:57,480 --> 00:08:58,920 Speaker 4: Yeah, well, everyone knows the endgame. 210 00:08:58,960 --> 00:09:01,920 Speaker 2: Everyone knows I don't want to be governor, and everyone 211 00:09:02,240 --> 00:09:04,480 Speaker 2: in Baltimore knows that I will be quite okay if 212 00:09:04,559 --> 00:09:06,559 Speaker 2: being the mayor of Baltimore is the last elected office 213 00:09:06,559 --> 00:09:06,920 Speaker 2: I've had. 214 00:09:07,040 --> 00:09:09,120 Speaker 4: This is my dream job as a child. 215 00:09:09,440 --> 00:09:11,240 Speaker 2: I will hold it as long as the residents of 216 00:09:11,280 --> 00:09:13,440 Speaker 2: Baltimore will allow me to do so, as long as 217 00:09:13,480 --> 00:09:14,720 Speaker 2: I'm living within term limits. 218 00:09:14,800 --> 00:09:16,160 Speaker 1: Before we let you go because you have a train 219 00:09:16,240 --> 00:09:18,000 Speaker 1: to catch to get home, Yes, and we want to 220 00:09:18,000 --> 00:09:22,280 Speaker 1: be respectful of your time. The attracting and retaining business 221 00:09:22,520 --> 00:09:24,959 Speaker 1: to the city, we know that's a economic development, is 222 00:09:25,000 --> 00:09:27,520 Speaker 1: a way to improve cities. What are you doing right 223 00:09:27,559 --> 00:09:29,920 Speaker 1: now to say Baltimore is open for business? Yeah? 224 00:09:29,920 --> 00:09:30,439 Speaker 4: I think that way. 225 00:09:30,520 --> 00:09:32,599 Speaker 2: We have to understand we had four billion dollars of 226 00:09:32,720 --> 00:09:35,839 Speaker 2: investment into Baltimore. We have seven billion dollars investment coming 227 00:09:35,920 --> 00:09:39,160 Speaker 2: too downtown Baltimore, whether it's t ro Price's new headquarters. 228 00:09:39,200 --> 00:09:42,720 Speaker 2: So under Armer's new headquarters, everyone knows throughout Downtown Rise 229 00:09:42,800 --> 00:09:45,680 Speaker 2: Plan we are open for business in the City of Baltimore, 230 00:09:46,040 --> 00:09:49,760 Speaker 2: re forming our permit process and reforming our zoning code, 231 00:09:50,040 --> 00:09:52,000 Speaker 2: all the things that we need to do to help 232 00:09:52,080 --> 00:09:54,439 Speaker 2: grow business in Baltimore, especially in the tech and life 233 00:09:54,480 --> 00:09:57,439 Speaker 2: science industry that is taken off out of Hopkins and 234 00:09:57,520 --> 00:09:59,679 Speaker 2: out of the University of Maryland, putting a lot of 235 00:09:59,720 --> 00:10:02,280 Speaker 2: money and a lot of tech businesses out into the EFILM. 236 00:10:02,520 --> 00:10:05,200 Speaker 3: Any signs that we're headed towards a recession. 237 00:10:05,200 --> 00:10:06,200 Speaker 4: Well, we'll see. 238 00:10:06,480 --> 00:10:09,040 Speaker 2: We know that with terrorists and all the other things going, 239 00:10:09,520 --> 00:10:12,440 Speaker 2: we just have to all be mindful of what's happening 240 00:10:12,760 --> 00:10:15,360 Speaker 2: and prepare as we're doing our budgets. I've been talking 241 00:10:15,400 --> 00:10:16,920 Speaker 2: to my brother and sister mayors to make sure that 242 00:10:16,960 --> 00:10:19,559 Speaker 2: we're being responsible right now because we do not know 243 00:10:19,679 --> 00:10:20,600 Speaker 2: yet what is to come. 244 00:10:20,840 --> 00:10:21,599 Speaker 3: So appreciate it. 245 00:10:21,800 --> 00:10:23,839 Speaker 4: Go for your train, yes, ma'am, thank you very much. 246 00:10:25,120 --> 00:10:26,200 Speaker 1: He's running for that train. 247 00:10:26,480 --> 00:10:29,959 Speaker 3: Well, well, be safe. Brendan Scott, the Baltimore Mayor, joining 248 00:10:30,040 --> 00:10:34,240 Speaker 3: us here in our interactive broker's studio. As Tim mentioned earlier, 249 00:10:34,480 --> 00:10:37,840 Speaker 3: that city has definitely received money from Bloomberg Philanthropies, which 250 00:10:37,920 --> 00:10:41,079 Speaker 3: is of course owned by Michael R. Bloomberg, founder, A 251 00:10:41,160 --> 00:10:43,319 Speaker 3: Bloomberg LP, and Bloomberg Philanthropies