1 00:00:02,920 --> 00:00:10,600 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. You're listening to the 2 00:00:10,640 --> 00:00:12,719 Speaker 1: Bloomberg Balance of Power podcast. 3 00:00:13,039 --> 00:00:16,279 Speaker 2: Catch us live weekdays at noon Eastern on apocarplay and 4 00:00:16,360 --> 00:00:19,439 Speaker 2: enroun Oo with the Bloomberg Business App. Listen on demand 5 00:00:19,480 --> 00:00:25,320 Speaker 2: wherever you get your podcasts, or watch us live on YouTube. 6 00:00:25,600 --> 00:00:27,760 Speaker 3: We have a lot to catch up on, unpacking four 7 00:00:27,840 --> 00:00:29,680 Speaker 3: days of news here and what was in fact a 8 00:00:29,800 --> 00:00:34,000 Speaker 3: very busy Thanksgiving weekend in the world of politics, culminating 9 00:00:34,040 --> 00:00:37,919 Speaker 3: with the announcement last evening by Joe Biden offering a 10 00:00:38,080 --> 00:00:42,280 Speaker 3: full and unconditional pardon to his son Hunter. This is 11 00:00:42,320 --> 00:00:45,040 Speaker 3: something that of course came late yesterday and has been 12 00:00:45,120 --> 00:00:48,879 Speaker 3: driving the news ever since, following word earlier in the 13 00:00:48,880 --> 00:00:52,920 Speaker 3: weekend that Donald Trump was tapping Cash Patel to be 14 00:00:53,000 --> 00:00:55,680 Speaker 3: the next director of the FBI, even though we already 15 00:00:55,720 --> 00:00:59,560 Speaker 3: have a director of the FBI, and potentially connecting some 16 00:00:59,600 --> 00:01:01,960 Speaker 3: of the here might be part of our job today. 17 00:01:03,200 --> 00:01:07,200 Speaker 3: Knowing that retribution and the dismantling of the agency that 18 00:01:07,240 --> 00:01:10,320 Speaker 3: he has been tapped to run is part of the charge. 19 00:01:10,440 --> 00:01:13,640 Speaker 3: If Cash Betel is in fact confirmed, want to start 20 00:01:13,680 --> 00:01:18,880 Speaker 3: though our conversation on this pardon from Joe Biden, who 21 00:01:18,920 --> 00:01:21,480 Speaker 3: has just touched down in Africa, as a matter of fact, 22 00:01:21,520 --> 00:01:23,880 Speaker 3: on a three day trip. He left the country shortly 23 00:01:23,920 --> 00:01:28,600 Speaker 3: after issuing this unconditional pardon. Wendy Benjamins in Bloomberg's Washington 24 00:01:28,640 --> 00:01:31,440 Speaker 3: senior editor is with us helping to drive our political 25 00:01:31,480 --> 00:01:34,320 Speaker 3: coverage from Washington. Wendy, it's great to have you. The 26 00:01:34,360 --> 00:01:37,640 Speaker 3: scope and breadth of this pardon is what is making news, 27 00:01:37,680 --> 00:01:40,840 Speaker 3: almost as much as the fact that Joe Biden essentially 28 00:01:41,040 --> 00:01:43,800 Speaker 3: changed his mind on this, turned on his pledge to 29 00:01:43,920 --> 00:01:48,360 Speaker 3: never issue a pardon to Hunter Biden, what changed. 30 00:01:49,440 --> 00:01:52,440 Speaker 4: You know, We've seen some It's hard to tell, Joe, 31 00:01:52,480 --> 00:01:56,040 Speaker 4: but we've seen some reporting that suggests that the family 32 00:01:56,080 --> 00:01:59,280 Speaker 4: got together over Thanksgiving and talked it out, and the 33 00:01:59,320 --> 00:02:03,440 Speaker 4: President just decided to throw everything he has said, his 34 00:02:03,560 --> 00:02:07,240 Speaker 4: tradition of upholding institutions, his tradition since he was a 35 00:02:07,280 --> 00:02:12,040 Speaker 4: twenty nine year old senator, of coloring within the lines, 36 00:02:12,639 --> 00:02:15,920 Speaker 4: and pardoning his son for a number of felonies related 37 00:02:15,919 --> 00:02:18,960 Speaker 4: to gun and tax charges. It was really a stunning 38 00:02:19,040 --> 00:02:22,480 Speaker 4: reversal of everything we've known Joe Biden to stand for. 39 00:02:22,840 --> 00:02:26,480 Speaker 4: And then literally moments later, an hour later, maybe he 40 00:02:26,560 --> 00:02:29,400 Speaker 4: leaves for Africa. You can really tell this guy has 41 00:02:29,400 --> 00:02:30,200 Speaker 4: done with his job. 42 00:02:31,400 --> 00:02:34,280 Speaker 3: I guess things are winding down, Wendy, and knowing that 43 00:02:34,320 --> 00:02:37,040 Speaker 3: there will likely be more pardons to follow, we keep 44 00:02:37,080 --> 00:02:38,520 Speaker 3: our focus on this one. 45 00:02:38,800 --> 00:02:39,040 Speaker 1: Hunter. 46 00:02:39,080 --> 00:02:43,640 Speaker 3: Biden was facing two separate sentencings this month on the 47 00:02:43,639 --> 00:02:47,200 Speaker 3: convictions that we've already discussed, some gun charges here, three 48 00:02:47,240 --> 00:02:50,400 Speaker 3: felony gun charges, as well as the federal tax crimes 49 00:02:50,400 --> 00:02:53,360 Speaker 3: that he pleaded guilty to. There was a thought, Wendy, 50 00:02:53,400 --> 00:02:56,080 Speaker 3: that there might be more where these came from, because 51 00:02:56,120 --> 00:02:59,359 Speaker 3: the pardon covers more than just these. 52 00:03:00,400 --> 00:03:02,480 Speaker 4: Well, that is the indication that there might have been 53 00:03:02,520 --> 00:03:07,360 Speaker 4: more coming. This pardon covers everything he might have done 54 00:03:07,880 --> 00:03:11,560 Speaker 4: in the decade between twenty fourteen and twenty twenty four 55 00:03:12,200 --> 00:03:16,119 Speaker 4: and so it's who knows what those you know, other 56 00:03:16,280 --> 00:03:18,760 Speaker 4: charges might have been or might not have been. There 57 00:03:18,800 --> 00:03:20,639 Speaker 4: might have been nothing, and he just wanted to keep 58 00:03:20,639 --> 00:03:25,920 Speaker 4: it very tightly wrapped. But it was an unusual pardon 59 00:03:26,000 --> 00:03:29,080 Speaker 4: for even for presidents who pardon a lot of people, 60 00:03:29,120 --> 00:03:32,239 Speaker 4: including Donald Trump, who has pardoned a number of friends 61 00:03:32,240 --> 00:03:35,920 Speaker 4: and relatives in his first term. 62 00:03:36,160 --> 00:03:36,640 Speaker 5: That's true. 63 00:03:36,920 --> 00:03:39,640 Speaker 3: The Kushners and Steve Bannons of the world however, don't 64 00:03:39,680 --> 00:03:44,160 Speaker 3: seem to match up to this because of the full 65 00:03:44,200 --> 00:03:46,280 Speaker 3: throated nature of the pardon and the fact that Joe 66 00:03:46,280 --> 00:03:49,360 Speaker 3: Biden said he would never do it. Some Democrats aren't happy. 67 00:03:49,480 --> 00:03:52,840 Speaker 3: It's not just Republicans raising eyebrows here. Wendy the governor 68 00:03:52,880 --> 00:03:54,920 Speaker 3: of Colorado. Jared Poulus, who by the way, was a 69 00:03:55,000 --> 00:03:58,280 Speaker 3: surrogate for the Harris campaign, called it quote a bad precedent, 70 00:03:58,360 --> 00:04:01,600 Speaker 3: could be abused by later president cidence and will sadly 71 00:04:01,720 --> 00:04:05,800 Speaker 3: tarnish his reputation unquote pretty tough stuff. Greg Stanton, the 72 00:04:05,800 --> 00:04:09,400 Speaker 3: first Democratic lawmaker from the House of Representatives to speak up, 73 00:04:09,720 --> 00:04:12,720 Speaker 3: said Hunter committed felonies is when and was convicted by 74 00:04:12,760 --> 00:04:16,280 Speaker 3: a jury of his peers. Remembering that Joe Biden ran 75 00:04:17,160 --> 00:04:19,559 Speaker 3: on the fact that no one was above the law. 76 00:04:19,640 --> 00:04:21,920 Speaker 3: It was what was supposed to make him different than 77 00:04:22,000 --> 00:04:25,520 Speaker 3: Donald Trump. What does this tell us now about the 78 00:04:25,600 --> 00:04:26,600 Speaker 3: way he'll be remembered. 79 00:04:27,400 --> 00:04:29,960 Speaker 4: Well, it couldn't have been a bigger gift for Donald 80 00:04:29,960 --> 00:04:31,760 Speaker 4: Trump if he had wrapped it up and put it 81 00:04:31,839 --> 00:04:32,640 Speaker 4: under the tree. 82 00:04:32,920 --> 00:04:34,520 Speaker 6: And it's it. 83 00:04:34,520 --> 00:04:39,279 Speaker 4: Gives Donald Trump every political avenue to say. See, even 84 00:04:39,360 --> 00:04:40,560 Speaker 4: Joe Biden says. 85 00:04:40,360 --> 00:04:42,640 Speaker 6: His doj is weaponized. 86 00:04:42,240 --> 00:04:45,880 Speaker 4: You know, and look he's favoring his son. It was 87 00:04:46,440 --> 00:04:53,320 Speaker 4: a really, you know, a really strong political decision to 88 00:04:53,800 --> 00:04:56,159 Speaker 4: just sort of drop this grenade and walk out of 89 00:04:56,200 --> 00:05:00,360 Speaker 4: the presidency because it's a message to people who have 90 00:05:00,440 --> 00:05:02,960 Speaker 4: drug addictions and have gone to prison who do not 91 00:05:03,080 --> 00:05:05,719 Speaker 4: get pardoned by the president. It is a message to 92 00:05:05,880 --> 00:05:08,799 Speaker 4: tax evaders that they can get away, that they can't 93 00:05:08,839 --> 00:05:11,799 Speaker 4: get away with it, but the president's son can. And again, 94 00:05:11,920 --> 00:05:14,400 Speaker 4: just a real gift to Donald Trump and his team. 95 00:05:14,400 --> 00:05:17,000 Speaker 4: Didn't waste a moment last night coming out and saying 96 00:05:17,040 --> 00:05:17,680 Speaker 4: exactly that. 97 00:05:19,200 --> 00:05:23,320 Speaker 3: To take from Wendy Benjamins in Bloomberg's Washington Senior editor, Wendy, 98 00:05:23,400 --> 00:05:26,479 Speaker 3: it's great to see you and appreciate the insights as 99 00:05:26,480 --> 00:05:28,880 Speaker 3: we add a voice of experience. Have been looking forward 100 00:05:28,880 --> 00:05:33,000 Speaker 3: to the conversation with Nick Ackerman, the former federal prosecutor, 101 00:05:33,000 --> 00:05:38,280 Speaker 3: former assistant special Watergate prosecutor, former assistant US attorney is 102 00:05:38,279 --> 00:05:41,559 Speaker 3: with us. Nick Ackerman, great to see you and welcome back. 103 00:05:41,920 --> 00:05:45,320 Speaker 3: Wendy just described this pardon as a grenade, How would you. 104 00:05:46,600 --> 00:05:48,800 Speaker 7: Well, I think you have to really look at what's 105 00:05:48,839 --> 00:05:51,320 Speaker 7: going on here. To me, it's not so much a 106 00:05:51,400 --> 00:05:56,640 Speaker 7: grenade I think what President Biden realized was that Hunter 107 00:05:56,720 --> 00:05:59,320 Speaker 7: Biden was going to be in the target of Donald 108 00:05:59,360 --> 00:06:02,920 Speaker 7: Trump's wretch and if he went through the criminal justice 109 00:06:02,960 --> 00:06:06,360 Speaker 7: system and continued was sentenced to prison, which he very 110 00:06:06,360 --> 00:06:09,160 Speaker 7: well could have been sentenced on the tax case for 111 00:06:09,200 --> 00:06:11,920 Speaker 7: a period of time, he then would be at the 112 00:06:11,920 --> 00:06:15,320 Speaker 7: mercy of Donald Trump's Justice Department and Bureau of Prisons, 113 00:06:16,279 --> 00:06:18,839 Speaker 7: and this would have given Donald Trump the opportunity to 114 00:06:18,880 --> 00:06:21,880 Speaker 7: do what they did to his former attorney Michael Cohen, 115 00:06:21,920 --> 00:06:25,080 Speaker 7: where they put him in solitary confinement, where when he 116 00:06:25,200 --> 00:06:28,680 Speaker 7: was released to go home because of the COVID epidemic, 117 00:06:29,600 --> 00:06:33,400 Speaker 7: he was put back into prison again despite to keep 118 00:06:33,440 --> 00:06:36,520 Speaker 7: him from publishing a book. So I think what's really 119 00:06:36,600 --> 00:06:40,800 Speaker 7: going on here is if Joe Biden had actually won 120 00:06:40,839 --> 00:06:45,560 Speaker 7: the not Joe Biden, but Harris had won the election, 121 00:06:46,120 --> 00:06:48,200 Speaker 7: I don't think there would be a pardon. But I 122 00:06:48,240 --> 00:06:52,160 Speaker 7: don't think he really trusts a justice department that's headed 123 00:06:52,200 --> 00:06:57,799 Speaker 7: by Pam Bundy, donald Trump's two defense lawyers from New York, 124 00:06:58,680 --> 00:07:03,440 Speaker 7: and Cash Patel, who is going to be the FBI director, 125 00:07:04,520 --> 00:07:07,360 Speaker 7: to give anybody a fair shake in the system. And 126 00:07:07,400 --> 00:07:10,240 Speaker 7: for that reason, I think that is why he ultimately 127 00:07:10,280 --> 00:07:13,000 Speaker 7: decided to pardon his son. 128 00:07:14,160 --> 00:07:16,400 Speaker 3: Well, okay, so you're answering one of the questions that 129 00:07:16,440 --> 00:07:20,280 Speaker 3: I have been asking Nick Ackerman. It's these appointments that 130 00:07:20,360 --> 00:07:23,640 Speaker 3: made the difference. When the Biden family sat down for 131 00:07:23,720 --> 00:07:27,680 Speaker 3: Thanksgiving on Nantucket, they had the big family conversation, That's 132 00:07:27,720 --> 00:07:30,760 Speaker 3: what was different. And then you add Cash Patel over 133 00:07:30,800 --> 00:07:33,280 Speaker 3: the weekend and Joe Biden started writing this pardon. Is 134 00:07:33,280 --> 00:07:34,480 Speaker 3: that how it went in your mind? 135 00:07:35,560 --> 00:07:37,400 Speaker 7: Yeah? I think so. I mean, look, what would you 136 00:07:37,440 --> 00:07:40,560 Speaker 7: do if it was your son and you knew that 137 00:07:40,600 --> 00:07:42,600 Speaker 7: the guy who was going to be president next had 138 00:07:42,640 --> 00:07:46,080 Speaker 7: already threatened di rectribution against you and your son? The 139 00:07:46,280 --> 00:07:51,240 Speaker 7: very son that Donald Trump sent Rudy Giuliani across halfway 140 00:07:51,240 --> 00:07:53,920 Speaker 7: across the world to Ukraine to try and dig up 141 00:07:54,040 --> 00:08:00,480 Speaker 7: dirt on him and absolutely got nothing, but went to 142 00:08:00,560 --> 00:08:04,440 Speaker 7: those lengths and has already threatened retribution against the Bidens. 143 00:08:05,600 --> 00:08:08,040 Speaker 7: You know, what would you do under these circumstances, knowing 144 00:08:08,240 --> 00:08:11,240 Speaker 7: that the Justice Department was going to be totally manned 145 00:08:11,920 --> 00:08:14,640 Speaker 7: by political hacks who are answerable to Donald Trump. 146 00:08:15,600 --> 00:08:17,280 Speaker 3: I'm going to ask you about some of these appointments 147 00:08:17,280 --> 00:08:21,920 Speaker 3: because I'm really curious to get your take, Joe Biden wrote, though, 148 00:08:21,920 --> 00:08:23,320 Speaker 3: and I just want to get your take as a 149 00:08:23,320 --> 00:08:26,360 Speaker 3: former prosecutor. He wrote in his statement, no reasonable person 150 00:08:26,360 --> 00:08:29,440 Speaker 3: who looks at the facts of Hunter's cases can reach 151 00:08:29,600 --> 00:08:33,240 Speaker 3: any other conclusion that Hunter was singled out only because 152 00:08:33,240 --> 00:08:35,679 Speaker 3: he is my son, and that is wrong, he said, 153 00:08:36,080 --> 00:08:40,439 Speaker 3: And trying to break Hunter. They've tried to break me. Now, 154 00:08:40,480 --> 00:08:43,520 Speaker 3: clearly this is personal for Joe Biden. But what is 155 00:08:43,520 --> 00:08:45,400 Speaker 3: the prosecutor in you say when you read that. 156 00:08:46,400 --> 00:08:48,559 Speaker 7: Well, there's a little bit of truth here. First of all, 157 00:08:48,600 --> 00:08:52,560 Speaker 7: as to the arm the gun violation, no one is 158 00:08:52,640 --> 00:08:56,360 Speaker 7: ever prosecuted for that by itself. It's always in connection 159 00:08:56,880 --> 00:09:01,880 Speaker 7: with something with drugs or some other act. When you 160 00:09:01,920 --> 00:09:05,160 Speaker 7: have something here where Hunter Biden had the gun for 161 00:09:05,200 --> 00:09:09,559 Speaker 7: only ten days, never did anything with it. It really 162 00:09:09,600 --> 00:09:11,800 Speaker 7: does raise a question as to whether or not he 163 00:09:11,840 --> 00:09:15,040 Speaker 7: would have ever been prosecuted but for the fact he 164 00:09:15,200 --> 00:09:19,520 Speaker 7: was the son of the president. As to the tax violations, 165 00:09:19,559 --> 00:09:23,360 Speaker 7: even that raises some issues. Don't forget during that period 166 00:09:23,400 --> 00:09:25,680 Speaker 7: of time where he didn't report income he was a 167 00:09:25,760 --> 00:09:29,480 Speaker 7: drug addict. He later paid back all of the tax. 168 00:09:29,559 --> 00:09:33,480 Speaker 7: It was doe and owing pretty unusual for the Department 169 00:09:33,520 --> 00:09:38,600 Speaker 7: of Justice to prosecute somebody under those circumstances, not totally 170 00:09:38,640 --> 00:09:42,640 Speaker 7: though out of the ordinary. But again it does raise 171 00:09:42,640 --> 00:09:45,600 Speaker 7: a question as to whether or not if he were 172 00:09:45,640 --> 00:09:48,160 Speaker 7: not the son of the President, that he would not 173 00:09:48,200 --> 00:09:51,560 Speaker 7: have been prosecuted for these tax violations. So there is 174 00:09:51,600 --> 00:09:54,040 Speaker 7: some truth to that. We don't really know the answer 175 00:09:54,080 --> 00:09:57,640 Speaker 7: to it, but it's not off the wall. Put it 176 00:09:57,679 --> 00:09:58,000 Speaker 7: that way. 177 00:09:59,440 --> 00:10:02,079 Speaker 3: I want to ask thank you about the aforementioned Cash 178 00:10:02,120 --> 00:10:04,400 Speaker 3: Pattel on some of the other appointments that we have 179 00:10:04,480 --> 00:10:06,760 Speaker 3: learned about the past few days. In the wake of 180 00:10:06,800 --> 00:10:10,040 Speaker 3: Matt Gates withdrawing his name for consideration as the next 181 00:10:10,360 --> 00:10:12,960 Speaker 3: Attorney General, Patel is the most recent to be the 182 00:10:13,000 --> 00:10:17,400 Speaker 3: next FBI director, and the reaction that we've heard from 183 00:10:17,880 --> 00:10:21,719 Speaker 3: even just the Republican side of the aisle has been remarkable, 184 00:10:21,800 --> 00:10:24,679 Speaker 3: not so much about patel Nick, but about the man 185 00:10:24,720 --> 00:10:28,960 Speaker 3: who has the job now, the FBI Director, Chris Ray. 186 00:10:29,800 --> 00:10:33,400 Speaker 3: Chuck Rassley, who chairs the Senate Judiciary Committee in Coming, 187 00:10:35,520 --> 00:10:39,160 Speaker 3: said on x Chris Ray has failed at fundamental duties 188 00:10:39,200 --> 00:10:43,520 Speaker 3: of FBI director. He's shown disdain for Congressional oversight and 189 00:10:43,600 --> 00:10:46,600 Speaker 3: has not lived up to his promises fast forward to 190 00:10:46,600 --> 00:10:51,400 Speaker 3: Sunday Morning television. Mike Browns, Republican Senator, said this about 191 00:10:51,520 --> 00:10:52,240 Speaker 3: mister Ray. 192 00:10:52,480 --> 00:10:56,600 Speaker 8: Chris Ray, who the President nominated the first time around. 193 00:10:56,920 --> 00:10:59,400 Speaker 8: And I think the President picked a very good man 194 00:10:59,559 --> 00:11:02,120 Speaker 8: to be the a director of the FBI when he 195 00:11:02,160 --> 00:11:04,760 Speaker 8: did that in his first term. When we meet with 196 00:11:04,840 --> 00:11:07,720 Speaker 8: him behind closed doors, I've had no objections to the 197 00:11:07,720 --> 00:11:10,640 Speaker 8: way that he's handled himself, and so I don't have 198 00:11:10,679 --> 00:11:12,640 Speaker 8: any complaints about the way that he's done his job. 199 00:11:12,800 --> 00:11:16,440 Speaker 3: Right now, Nick Ackerman, what do you make of this? 200 00:11:17,120 --> 00:11:20,319 Speaker 3: And is Chris Ray suddenly going to resign? Can Donald 201 00:11:20,320 --> 00:11:23,080 Speaker 3: Trump fire him? I ask you this because you have 202 00:11:23,160 --> 00:11:25,000 Speaker 3: real memories of the Saturday night massacre. 203 00:11:26,000 --> 00:11:28,800 Speaker 7: Oh, of course no, he could resign, but I don't 204 00:11:28,800 --> 00:11:31,439 Speaker 7: think he would, and he shouldn't. I think he should 205 00:11:31,520 --> 00:11:35,480 Speaker 7: hang in there. The whole point behind Chris Ray being 206 00:11:35,520 --> 00:11:38,520 Speaker 7: appointed to a ten year term. Congress changed that a 207 00:11:38,559 --> 00:11:43,199 Speaker 7: few years back in order that the FBI director would 208 00:11:43,200 --> 00:11:47,560 Speaker 7: be out of the politics of the situation. The idea 209 00:11:47,760 --> 00:11:50,440 Speaker 7: was that he'd be appointed by a president could be 210 00:11:50,480 --> 00:11:56,240 Speaker 7: removed only for misconduct. Certainly, there's been no misconduct on 211 00:11:56,280 --> 00:12:00,840 Speaker 7: his part. Everybody says, except for a few partisans that 212 00:12:00,880 --> 00:12:04,480 Speaker 7: he has done a good job and there's no reason 213 00:12:04,520 --> 00:12:06,840 Speaker 7: to fire him. The whole idea is you want somebody 214 00:12:07,160 --> 00:12:10,400 Speaker 7: as director of the FBI who is independent, is not 215 00:12:10,559 --> 00:12:14,280 Speaker 7: beholden to the president, and handles his job in a 216 00:12:14,320 --> 00:12:16,680 Speaker 7: way that makes the public feel that he's doing the 217 00:12:16,760 --> 00:12:19,520 Speaker 7: right thing and he's not doing it for politics. Certainly, 218 00:12:19,600 --> 00:12:25,319 Speaker 7: Chris Hay Christopher Ray cannot be criticized for doing anything 219 00:12:25,360 --> 00:12:28,400 Speaker 7: that was political. He's done it by the book. He's 220 00:12:28,440 --> 00:12:31,720 Speaker 7: been a good director, and I think putting somebody in 221 00:12:31,760 --> 00:12:35,199 Speaker 7: who again is a total political hack, has no experience 222 00:12:35,240 --> 00:12:38,400 Speaker 7: in this area whatsoever, other than to carry out Donald 223 00:12:38,440 --> 00:12:41,920 Speaker 7: Trump's retribution is really reprehensible. 224 00:12:42,840 --> 00:12:44,439 Speaker 5: Well, this is a ten year term, right. 225 00:12:44,480 --> 00:12:47,040 Speaker 3: That was the whole point is that they would outlast 226 00:12:47,640 --> 00:12:51,000 Speaker 3: any particular president. I believe that comes from Watergate, which 227 00:12:51,040 --> 00:12:52,640 Speaker 3: you are intimately familiar with. 228 00:12:53,640 --> 00:12:54,680 Speaker 5: Here, does Chris. 229 00:12:54,520 --> 00:12:55,439 Speaker 3: Rages hold the line? 230 00:12:55,440 --> 00:12:56,440 Speaker 5: What if he doesn't leave? 231 00:12:57,760 --> 00:13:00,240 Speaker 7: Well, I think he should hold the line and he 232 00:13:00,360 --> 00:13:03,800 Speaker 7: forced Donald Trump to fire him. If that's what Donald 233 00:13:03,840 --> 00:13:06,080 Speaker 7: Trump is going to do. I mean, the president does 234 00:13:06,160 --> 00:13:09,480 Speaker 7: have the right under the statute to fire the FBI director, 235 00:13:10,840 --> 00:13:15,400 Speaker 7: but the reason that he's doing it is really reprehensible. 236 00:13:15,440 --> 00:13:18,040 Speaker 7: The idea that he wants somebody in office that's going 237 00:13:18,080 --> 00:13:21,880 Speaker 7: to act to carry out his retribution against his political 238 00:13:21,960 --> 00:13:24,560 Speaker 7: enemies is not the kind of person that you want 239 00:13:24,640 --> 00:13:25,880 Speaker 7: as director of the FBI. 240 00:13:27,080 --> 00:13:29,040 Speaker 3: Well I mentioned Chuck Grassley. He may not be a 241 00:13:29,120 --> 00:13:31,120 Speaker 3: Chris Ray fan, but he's a big Pam Bondi fan, 242 00:13:31,640 --> 00:13:33,920 Speaker 3: and he is walking her through the halls of the 243 00:13:33,960 --> 00:13:38,439 Speaker 3: Senate today and this week ahead of her confirmation hearings. 244 00:13:39,080 --> 00:13:43,000 Speaker 3: What is your thought on an Attorney General Bondy and 245 00:13:43,160 --> 00:13:45,560 Speaker 3: the change that she would bring to the Justice Department. 246 00:13:46,480 --> 00:13:49,560 Speaker 7: Well, again, she is somebody that is not going to 247 00:13:49,559 --> 00:13:52,920 Speaker 7: have any independence whatsoever. She's going to do whatever Donald 248 00:13:52,960 --> 00:13:55,800 Speaker 7: Trump asked her to do. She was involved in his 249 00:13:55,920 --> 00:14:00,200 Speaker 7: past two political campaigns and runs for president. Before he 250 00:14:00,280 --> 00:14:07,480 Speaker 7: ran for president, Pam Bondi was investigating Trump University, but 251 00:14:07,600 --> 00:14:10,920 Speaker 7: after she got a twenty five thousand dollars contribution from 252 00:14:10,920 --> 00:14:14,960 Speaker 7: Donald Trump for her campaign, she suddenly dropped that investigation. 253 00:14:15,480 --> 00:14:18,800 Speaker 7: So again, we're looking at somebody who is not an 254 00:14:18,840 --> 00:14:21,800 Speaker 7: independent actor, who is really going to be just an 255 00:14:22,000 --> 00:14:26,440 Speaker 7: arm of Donald Trump's retribution campaign and is not going 256 00:14:26,480 --> 00:14:29,880 Speaker 7: to instill a lot of confidence in our justice system. 257 00:14:30,600 --> 00:14:34,160 Speaker 7: Being meeted out equally and fairly to everybody. 258 00:14:35,080 --> 00:14:38,360 Speaker 3: But after Matt Gates, now Cash Bettel, some of the 259 00:14:38,400 --> 00:14:41,440 Speaker 3: others that I could mention, she suddenly looks like captain 260 00:14:41,840 --> 00:14:44,360 Speaker 3: of Team Normal right next she gets confirmed. 261 00:14:45,520 --> 00:14:48,440 Speaker 7: Well she may, but I think if the Senate does 262 00:14:48,480 --> 00:14:51,000 Speaker 7: their job, they ought to be looking at this issue 263 00:14:51,040 --> 00:14:54,360 Speaker 7: of independence. Are the people in the Department of Justice 264 00:14:54,760 --> 00:14:58,480 Speaker 7: acting independently from the president as all of these attorney 265 00:14:58,480 --> 00:15:01,840 Speaker 7: generals have done since time of Watergate, that has been 266 00:15:01,880 --> 00:15:05,240 Speaker 7: the standard, that has been the norm. Instead, what Donald 267 00:15:05,240 --> 00:15:08,320 Speaker 7: Trump has done is he's installed in the attorney general, 268 00:15:08,560 --> 00:15:11,880 Speaker 7: He's installed a deputy Attorney General that was his criminal 269 00:15:11,920 --> 00:15:16,000 Speaker 7: defense lawyer, his aid, it was the other criminal defense lawyer. 270 00:15:16,280 --> 00:15:19,520 Speaker 7: And now you've got Cash Patel. What you have are 271 00:15:19,680 --> 00:15:23,800 Speaker 7: all political appointments that are beholden to Donald Trump that 272 00:15:23,840 --> 00:15:27,440 Speaker 7: will essentially do whatever Donald Trump asked them to do. 273 00:15:27,840 --> 00:15:30,640 Speaker 7: And why that is so dangerous is because Donald Trump 274 00:15:30,720 --> 00:15:36,200 Speaker 7: has promised to perpetrate retribution on his political enemies and 275 00:15:36,240 --> 00:15:38,560 Speaker 7: the place that he can do it from and do 276 00:15:38,680 --> 00:15:41,360 Speaker 7: it most easily is the Department of Justice. 277 00:15:42,640 --> 00:15:44,960 Speaker 3: Nick, we've only got a minute left. We started with 278 00:15:45,040 --> 00:15:48,040 Speaker 3: the pardon of Hunter Biden. How many more will we 279 00:15:48,120 --> 00:15:49,080 Speaker 3: hear from Joe Biden. 280 00:15:50,680 --> 00:15:52,280 Speaker 7: Oh, I don't think you're going to get much more. 281 00:15:52,360 --> 00:15:54,240 Speaker 7: That was it. I mean, I think he came to 282 00:15:54,280 --> 00:15:57,440 Speaker 7: the realization that he was putting his son in real 283 00:15:57,560 --> 00:16:03,240 Speaker 7: jeopardy to leave him in the confines of the Justice 284 00:16:03,240 --> 00:16:05,560 Speaker 7: Department that is going to be run by Donald Trump 285 00:16:05,880 --> 00:16:10,160 Speaker 7: with those four or five appointments. I wouldn't trust anybody 286 00:16:10,200 --> 00:16:11,920 Speaker 7: to get a fair shape from that department. 287 00:16:13,560 --> 00:16:16,560 Speaker 3: Nick Ackerman, founder of the Law Office of Nick Ackerman, 288 00:16:16,640 --> 00:16:19,720 Speaker 3: former Watergate prosecutor. It's great to see you, and welcome 289 00:16:19,760 --> 00:16:23,000 Speaker 3: back Nick to the conversation. I'm Joe Matthew in Washington 290 00:16:23,080 --> 00:16:25,520 Speaker 3: on the Fastest Show in Politics with much more on 291 00:16:25,560 --> 00:16:29,000 Speaker 3: the pardon and the transition. We'll get into these names 292 00:16:29,000 --> 00:16:31,840 Speaker 3: that we heard over the weekend, including Cash Bettel, with 293 00:16:32,000 --> 00:16:35,160 Speaker 3: our signature panel coming up. Rick Davis and Jeanie Shanzano 294 00:16:35,200 --> 00:16:38,400 Speaker 3: are with us right here on the Fastest Show in Politics. 295 00:16:38,520 --> 00:16:40,720 Speaker 3: I'm Joe Matthew and Washington. Thanks for being with us 296 00:16:40,800 --> 00:16:41,680 Speaker 3: on Bloomberg TV. 297 00:16:41,800 --> 00:16:47,920 Speaker 9: At radio, you're listening to the Bloomberg Balance of Power 298 00:16:47,960 --> 00:16:51,880 Speaker 9: podcast kens Just Live weekdays at noon Eastern on Applecarplay 299 00:16:51,920 --> 00:16:54,200 Speaker 9: and enroyd Oro with the Bloomberg Business App. 300 00:16:54,240 --> 00:16:57,080 Speaker 2: You can also listen live on Amazon Alexa from our 301 00:16:57,120 --> 00:17:01,080 Speaker 2: flagship New York station. Just say Alexa, he Bloomberg eleven. 302 00:17:01,160 --> 00:17:05,520 Speaker 3: Thanks for being with us on Balance of Power here 303 00:17:05,520 --> 00:17:09,240 Speaker 3: on Bloomberg TV and Radio. It's the Monday edition and 304 00:17:09,280 --> 00:17:11,080 Speaker 3: we're glad to have you with us here as we 305 00:17:11,200 --> 00:17:15,280 Speaker 3: unpack four days worth of news, not only the Hunter 306 00:17:15,480 --> 00:17:18,119 Speaker 3: Biden pardon, but much more news when it comes to 307 00:17:18,160 --> 00:17:21,600 Speaker 3: the transition of the incoming Trump administration, much of which 308 00:17:21,640 --> 00:17:24,240 Speaker 3: we were just talking about with Nick Ackerman. This White 309 00:17:24,280 --> 00:17:26,520 Speaker 3: House has made pretty clear and in the statement written 310 00:17:26,520 --> 00:17:30,880 Speaker 3: by Joe Biden reinforced today by Press Secretary Karine Jean Pierre, 311 00:17:31,280 --> 00:17:34,080 Speaker 3: that this pardon may not have happened if Donald Trump 312 00:17:34,160 --> 00:17:37,840 Speaker 3: had not been elected. Nick Ackerman said that flat out 313 00:17:37,880 --> 00:17:40,880 Speaker 3: just now here on Bloomberg, the former Watergate prosecutor making 314 00:17:40,920 --> 00:17:43,480 Speaker 3: it clear that if Kamala Harris had won, we wouldn't 315 00:17:43,480 --> 00:17:46,240 Speaker 3: be having this conversation today. And it has everything to 316 00:17:46,280 --> 00:17:48,919 Speaker 3: do with Donald Trump's approach to the Department of Justice, 317 00:17:49,040 --> 00:17:52,040 Speaker 3: says Nick Ackerman, and the people he's choosing to run it, 318 00:17:52,200 --> 00:17:56,040 Speaker 3: and agencies like the FBI that was a big moment 319 00:17:56,080 --> 00:18:00,199 Speaker 3: over the weekend when Donald Trump tapped Cash Patel be 320 00:18:00,240 --> 00:18:03,639 Speaker 3: the next FBI director, a critic of the deep state, 321 00:18:03,720 --> 00:18:08,160 Speaker 3: a loyalist at mar A Lago, and one who could 322 00:18:08,240 --> 00:18:12,440 Speaker 3: bring real change here to the nation's pre eminent law 323 00:18:12,480 --> 00:18:13,520 Speaker 3: enforcement agency. 324 00:18:13,600 --> 00:18:15,119 Speaker 5: Of course, depending on who you. 325 00:18:15,000 --> 00:18:19,560 Speaker 3: Ask, not everybody loves this idea. Some Republicans are concerned 326 00:18:19,560 --> 00:18:23,320 Speaker 3: about Patel his potential to run the agency. They're also 327 00:18:23,359 --> 00:18:25,719 Speaker 3: concerned about the fact that we already have an FBI 328 00:18:25,800 --> 00:18:28,720 Speaker 3: director and Christopher Wray, who would either have to resign 329 00:18:28,880 --> 00:18:33,959 Speaker 3: or be fired by Donald Trump. Questions to Republican senators 330 00:18:34,080 --> 00:18:37,760 Speaker 3: who will have to confirm so many of these names, 331 00:18:37,760 --> 00:18:41,400 Speaker 3: including Bill Haggerty, the Republican Tennessee was asked about Patel 332 00:18:41,440 --> 00:18:42,720 Speaker 3: on Meet the Press yesterday. 333 00:18:42,760 --> 00:18:46,280 Speaker 10: Listen, President Trump is entitled to name his appointees. That 334 00:18:46,400 --> 00:18:48,240 Speaker 10: is exactly what he's doing, and I'm going to support 335 00:18:48,280 --> 00:18:51,640 Speaker 10: this appointment. Cash has worked in national security, he's worked 336 00:18:51,640 --> 00:18:53,959 Speaker 10: at the Department of Justice, and he's somebody that has 337 00:18:54,000 --> 00:18:56,760 Speaker 10: been willing to uncover the wrongs at the FBI. He's 338 00:18:56,800 --> 00:18:59,280 Speaker 10: the one that uncovered for the American public what happened 339 00:18:59,280 --> 00:19:01,120 Speaker 10: with Russia Gate. He's the one that can see through 340 00:19:01,160 --> 00:19:01,440 Speaker 10: the fix. 341 00:19:01,480 --> 00:19:04,520 Speaker 5: Here this is where. 342 00:19:04,320 --> 00:19:07,560 Speaker 3: We begin our conversation with our signature political panel, Rick 343 00:19:07,640 --> 00:19:11,040 Speaker 3: Davis and Genie Shanzano, or with us Bloomberg Politics contributors. He, 344 00:19:11,160 --> 00:19:14,120 Speaker 3: of course partner at Stone Court Capital. She is political 345 00:19:14,119 --> 00:19:16,920 Speaker 3: science professor at Iona University, and great to have both 346 00:19:16,920 --> 00:19:19,320 Speaker 3: of you with us year following what I hope was 347 00:19:19,320 --> 00:19:22,720 Speaker 3: a great and long weekend for both of you. Rick Davis, 348 00:19:22,760 --> 00:19:27,280 Speaker 3: your take on this latest naming of names by Donald Trump. 349 00:19:27,680 --> 00:19:31,520 Speaker 3: Washington has moved on from Matt Gates. We're talking about 350 00:19:31,520 --> 00:19:34,199 Speaker 3: Pam Bondi now running the Department of Justice, but at 351 00:19:34,280 --> 00:19:38,520 Speaker 3: Cash Bettel, who has vowed to dismantle the FBI, would 352 00:19:38,560 --> 00:19:39,680 Speaker 3: mean what for the agency? 353 00:19:40,800 --> 00:19:42,840 Speaker 11: Yeah, look, I think this is Donald Trump making good 354 00:19:42,880 --> 00:19:46,000 Speaker 11: on his campaign promises. He said he was going to 355 00:19:46,040 --> 00:19:50,520 Speaker 11: disrupt the FBI. He felt like the FBI has waged 356 00:19:50,560 --> 00:19:55,760 Speaker 11: a eight year war against him, starting with the Russia hoax, 357 00:19:55,800 --> 00:19:58,200 Speaker 11: as he puts it, and going all the way through 358 00:19:58,240 --> 00:20:03,360 Speaker 11: the Biden administration. You can call it wanting to disrupt 359 00:20:03,400 --> 00:20:08,800 Speaker 11: the government, bureaucracy, or retribution, whatever your whatever makes you tick, 360 00:20:08,920 --> 00:20:12,720 Speaker 11: but I think it is important. The clip you played 361 00:20:12,760 --> 00:20:16,600 Speaker 11: of Senator Haggerty, because Haggerty is a loyalist with Donald 362 00:20:16,600 --> 00:20:19,080 Speaker 11: Trump in the United States Senate. But he's a reasonable, 363 00:20:19,119 --> 00:20:22,600 Speaker 11: thoughtful guy, and the fact that he's willing to stick 364 00:20:22,640 --> 00:20:25,600 Speaker 11: his neck out to blaze a trail for Cash battel 365 00:20:25,680 --> 00:20:29,120 Speaker 11: in the Senate means more likely that he is going 366 00:20:29,160 --> 00:20:32,920 Speaker 11: to get through a confirmation hearing, assuming, as you point out, 367 00:20:33,080 --> 00:20:37,119 Speaker 11: that there's a vacancy because Donald Trump appointed the current 368 00:20:37,320 --> 00:20:39,960 Speaker 11: FBI director and he'll have to probably fire him in 369 00:20:40,119 --> 00:20:43,359 Speaker 11: order to get a vacancy for Cash Patel. All of 370 00:20:43,359 --> 00:20:46,119 Speaker 11: that is yet to be done and obviously can't happen 371 00:20:46,200 --> 00:20:47,720 Speaker 11: until he takes the oath of office. 372 00:20:48,680 --> 00:20:52,600 Speaker 3: Yeah, and the dismantling of Christopher Ray is apparently going 373 00:20:52,680 --> 00:20:56,240 Speaker 3: to precede the dismantling of the agency. Look no further 374 00:20:56,280 --> 00:20:59,679 Speaker 3: than Chuck Grassley Genie Shansey, No, the incoming head of 375 00:20:59,720 --> 00:21:02,520 Speaker 3: the same Judiciary Committee who's walking pan Bondi through the 376 00:21:02,520 --> 00:21:05,880 Speaker 3: halls of the Senate here on X quote, Chris Ray 377 00:21:05,960 --> 00:21:09,440 Speaker 3: has failed at fundamental duty as of FBI director. He's 378 00:21:09,440 --> 00:21:12,919 Speaker 3: shown disdain for Congressional oversight and has not lived up 379 00:21:13,000 --> 00:21:15,959 Speaker 3: to his promises. It's time to chart a new course 380 00:21:16,359 --> 00:21:22,440 Speaker 3: for transparency accountability at FBI. That's a pretty stark reaction 381 00:21:22,520 --> 00:21:24,600 Speaker 3: when we hear the likes of Mike Rounds, for instance, 382 00:21:24,640 --> 00:21:28,680 Speaker 3: saying that Christopher Ray, I believe he said a very 383 00:21:28,720 --> 00:21:30,679 Speaker 3: good man. He said, picked a very good man to 384 00:21:30,720 --> 00:21:32,600 Speaker 3: be director when he did it in the first term. 385 00:21:32,680 --> 00:21:36,439 Speaker 3: This was a Trump appointee. What did Christopher Ray do 386 00:21:36,560 --> 00:21:37,560 Speaker 3: to deserve being fired? 387 00:21:39,440 --> 00:21:43,040 Speaker 12: Yeah, it's very unclear. And you hear that statement by 388 00:21:43,119 --> 00:21:47,680 Speaker 12: Chuck Grassley, you'd like to know exactly what he's speaking 389 00:21:47,720 --> 00:21:51,280 Speaker 12: to beyond the fact that Donald Trump doesn't like him 390 00:21:51,400 --> 00:21:54,720 Speaker 12: now even though he appointed him. And you know, if 391 00:21:54,800 --> 00:21:57,600 Speaker 12: you take what Chuck Grassley is saying at his word, Okay, 392 00:21:57,880 --> 00:22:02,000 Speaker 12: somehow Christopher Ray has failed to be fired. Who is 393 00:22:02,040 --> 00:22:06,320 Speaker 12: he appointing but Cash Puttel, who has almost no experience 394 00:22:06,440 --> 00:22:10,320 Speaker 12: and certainly doesn't have the temperament. This is somebody who 395 00:22:10,480 --> 00:22:15,520 Speaker 12: has been going around talking about QAnon conspiracies and the 396 00:22:15,600 --> 00:22:19,120 Speaker 12: fact that people in elected office and celebrities are engaged 397 00:22:19,160 --> 00:22:23,919 Speaker 12: in a massive child sex trafficking arrangement, and that the 398 00:22:23,960 --> 00:22:27,359 Speaker 12: deep state is trying to dethrone Donald Trump. You know, 399 00:22:27,560 --> 00:22:30,359 Speaker 12: Joe he writes children's books when he gets out of 400 00:22:30,359 --> 00:22:34,240 Speaker 12: the White House, and these children's books are worth looking at, 401 00:22:34,400 --> 00:22:37,760 Speaker 12: if just because they're stunning to the point of being comical, 402 00:22:38,040 --> 00:22:41,040 Speaker 12: if he wasn't being appointed to the FBI. They're talk 403 00:22:41,200 --> 00:22:45,320 Speaker 12: about trying to. 404 00:22:44,000 --> 00:22:47,280 Speaker 6: Steal the deep state, to steal King. 405 00:22:47,200 --> 00:22:50,800 Speaker 12: Trump's crown, and they have villains like Hillary Clinton and 406 00:22:50,840 --> 00:22:54,400 Speaker 12: Adam shiff. I mean, the ridiculousness goes on and on. 407 00:22:54,600 --> 00:22:58,160 Speaker 12: And it's not just bad writing. It's what he's talking 408 00:22:58,200 --> 00:23:01,760 Speaker 12: about in these children's books and in the adult books 409 00:23:01,760 --> 00:23:04,320 Speaker 12: that he writes. And so you know, Chuck Grassley, Okay, 410 00:23:04,400 --> 00:23:07,760 Speaker 12: you don't like Chris Ray. What are you talking about 411 00:23:07,800 --> 00:23:09,959 Speaker 12: in terms of cash Battel that makes him at all 412 00:23:10,080 --> 00:23:13,359 Speaker 12: qualified temperamentally to do this job and to be in 413 00:23:13,480 --> 00:23:17,000 Speaker 12: charge of our national security. It's mind numbing to hear. 414 00:23:16,920 --> 00:23:17,480 Speaker 7: This kind of. 415 00:23:18,960 --> 00:23:21,440 Speaker 3: The plot against the king. At least one of the 416 00:23:21,520 --> 00:23:26,320 Speaker 3: children's books you reference, Genie cash Battel vowed quote, We're 417 00:23:26,359 --> 00:23:29,800 Speaker 3: going to come after the people in the media who 418 00:23:29,920 --> 00:23:33,679 Speaker 3: lied about American citizens, who helped Joe Biden rig presidential 419 00:23:33,720 --> 00:23:38,480 Speaker 3: elections unquote. I'll read another quote to you, Rick Davis, 420 00:23:38,560 --> 00:23:42,520 Speaker 3: Charles Kopperman, who supervised Patel in his role in the 421 00:23:42,520 --> 00:23:48,040 Speaker 3: first Trump administration says he is quote absolutely unqualified and untrustworthy, 422 00:23:48,119 --> 00:23:51,240 Speaker 3: and goes on to say, quote it is an absolute 423 00:23:51,359 --> 00:23:55,240 Speaker 3: disgrace unquote for him to even be considered. What are 424 00:23:55,240 --> 00:23:57,159 Speaker 3: these confirmation hearings going to be like? 425 00:23:58,440 --> 00:24:01,160 Speaker 11: Yeah, well, I have the utmost respect for Charlie Kupperman. 426 00:24:01,240 --> 00:24:05,040 Speaker 11: He's a long time national security official, you know, Republican 427 00:24:05,359 --> 00:24:08,320 Speaker 11: and knows what he's talking about. And look, this is 428 00:24:09,600 --> 00:24:12,800 Speaker 11: what you get when you get Donald Trump. Elections have consequences. 429 00:24:12,840 --> 00:24:14,920 Speaker 11: Donald Trump made it clear this is what he was 430 00:24:14,960 --> 00:24:17,800 Speaker 11: going to do. Cash Bettel is just a you know, 431 00:24:18,320 --> 00:24:21,680 Speaker 11: an operative who will do Trump's bidding. I mean, anybody 432 00:24:21,680 --> 00:24:24,439 Speaker 11: who thought this was going to be otherwise at the 433 00:24:24,560 --> 00:24:28,120 Speaker 11: Justice Department didn't listen to Donald Trump every single day 434 00:24:28,640 --> 00:24:31,920 Speaker 11: of the campaign. He's made all of his intentions clear. 435 00:24:32,520 --> 00:24:35,200 Speaker 11: It's not clear when cash Bettel says he's going after 436 00:24:35,240 --> 00:24:37,119 Speaker 11: people in the media what he means by that, what 437 00:24:37,280 --> 00:24:40,800 Speaker 11: rules have been broken, what laws are been broken. He's 438 00:24:40,800 --> 00:24:45,080 Speaker 11: still got a professional prosecution team in the Justice Department 439 00:24:45,119 --> 00:24:47,880 Speaker 11: run by Pam Bondi, who is will be run by 440 00:24:47,920 --> 00:24:50,920 Speaker 11: Pam Bondi, who who had eight years as a state 441 00:24:50,960 --> 00:24:54,160 Speaker 11: attorney general and has a real track record behind her, 442 00:24:54,359 --> 00:24:57,959 Speaker 11: So there is an adult at the gate, so to speak. 443 00:24:58,040 --> 00:25:01,840 Speaker 11: But the reality is the American people chose Donald Trump 444 00:25:01,880 --> 00:25:04,480 Speaker 11: because he said he wanted to declare war on the FBI, 445 00:25:04,760 --> 00:25:08,959 Speaker 11: and Cash Battel is the operative who will do his bidding. 446 00:25:09,040 --> 00:25:11,880 Speaker 11: And by the way, if it's not Cash Btel, it'll 447 00:25:11,880 --> 00:25:14,840 Speaker 11: be somebody just like Cash Btel. And I think that's 448 00:25:14,880 --> 00:25:18,000 Speaker 11: what the Republicans and the Senatives started to figure out. 449 00:25:18,040 --> 00:25:22,320 Speaker 11: They got a hide by opposing, you know, Matt Gait 450 00:25:23,200 --> 00:25:25,320 Speaker 11: for the job as Attorney General, but now I think 451 00:25:25,400 --> 00:25:28,080 Speaker 11: they're in the position of probably taking anybody he puts 452 00:25:28,080 --> 00:25:28,639 Speaker 11: on the list. 453 00:25:29,960 --> 00:25:33,040 Speaker 3: Incredible, Just one more minute left here, Genie. When you 454 00:25:33,080 --> 00:25:37,080 Speaker 3: consider the news over the weekend about RFK Junior New 455 00:25:37,160 --> 00:25:40,840 Speaker 3: York Times referring to his drug addiction, compulsive sexual behavior 456 00:25:41,359 --> 00:25:44,040 Speaker 3: and deep dives into conspiracy theories or what we heard 457 00:25:44,040 --> 00:25:46,919 Speaker 3: about Pete Hegseth from the New Yorker, from the Wall 458 00:25:47,000 --> 00:25:49,760 Speaker 3: Street Journal and his own mother, Penelope hegg Seth, you 459 00:25:49,840 --> 00:25:53,960 Speaker 3: see this wrote the letter talking about him as a womanizer. 460 00:25:54,840 --> 00:25:58,760 Speaker 3: Pam Bondi is just cruising to confirmation with all the rest. 461 00:25:58,600 --> 00:26:02,440 Speaker 12: Of this going on here, right, Yeah, She and Marco Rubio, 462 00:26:02,840 --> 00:26:06,360 Speaker 12: you know, no questions asked. Yeah, the email by Penelope 463 00:26:06,400 --> 00:26:10,000 Speaker 12: Headset is just utterly devastating to read, and I'm trying 464 00:26:10,040 --> 00:26:12,880 Speaker 12: to just wipe out of my memory. RFK Junior, did 465 00:26:12,880 --> 00:26:15,520 Speaker 12: you see him in the shower, Joe behind his wife 466 00:26:15,880 --> 00:26:19,080 Speaker 12: while she was hawking her goods and there he popped up? 467 00:26:19,119 --> 00:26:21,800 Speaker 6: I mean, you couldn't write this as. 468 00:26:21,640 --> 00:26:24,159 Speaker 12: A made for TV movie and anybody would believe it 469 00:26:24,240 --> 00:26:26,520 Speaker 12: or buy it, and yet here it all is. And 470 00:26:26,560 --> 00:26:29,280 Speaker 12: of course Jane Mayer and The New Yorker a really 471 00:26:29,320 --> 00:26:31,200 Speaker 12: devastating piece on heagset. 472 00:26:32,400 --> 00:26:32,919 Speaker 2: You said it. 473 00:26:33,000 --> 00:26:36,399 Speaker 3: Yeah, another topless workout video I guess from RFK Junior 474 00:26:36,440 --> 00:26:37,040 Speaker 3: over the weekend. 475 00:26:37,280 --> 00:26:38,040 Speaker 5: What is he seventy? 476 00:26:38,160 --> 00:26:43,480 Speaker 3: James, He's seventy. I'm not putting any of those videos up, 477 00:26:44,040 --> 00:26:47,280 Speaker 3: GENNI thank you, Rick Davis, Genie Shanzeno our signature panel 478 00:26:47,359 --> 00:26:49,280 Speaker 3: here on the Monday edition of Balance of Power. 479 00:26:49,560 --> 00:26:51,960 Speaker 5: To think we're talking about all this stuff? Can we 480 00:26:52,000 --> 00:26:53,480 Speaker 5: get to the markets? 481 00:26:56,560 --> 00:27:00,280 Speaker 1: You're listening to the Bloomberg Balance of Power podcast just 482 00:27:00,359 --> 00:27:03,760 Speaker 1: live weekdays at noon Eastern on Apocarplay and then Rouno 483 00:27:03,880 --> 00:27:05,280 Speaker 1: with the Bloomberg Business app. 484 00:27:05,359 --> 00:27:08,520 Speaker 2: Listen on demand wherever you get your podcasts a watch 485 00:27:08,600 --> 00:27:12,920 Speaker 2: us live on YouTube. 486 00:27:12,520 --> 00:27:16,000 Speaker 3: As we continue our conversation here with an Ion geopolitics. 487 00:27:16,920 --> 00:27:20,360 Speaker 3: What's unfolding right now in Syria could have very important 488 00:27:20,600 --> 00:27:24,240 Speaker 3: side effects for the future of the balance of power 489 00:27:24,680 --> 00:27:28,560 Speaker 3: in the Middle East. What's happening in Syria, specifically in 490 00:27:28,720 --> 00:27:31,960 Speaker 3: Aleppo over the weekend caught a lot of people off guard. 491 00:27:32,480 --> 00:27:37,399 Speaker 3: Rebel fighters pushing southward after taking over Aleppo and what 492 00:27:37,520 --> 00:27:43,080 Speaker 3: is being framed as the most serious challenge to the 493 00:27:43,160 --> 00:27:50,160 Speaker 3: Alasad regime, which has been undergoing some very difficult times here. 494 00:27:50,200 --> 00:27:52,760 Speaker 3: So it's saying a lot. To be specific, Hyatt Terrier 495 00:27:52,800 --> 00:27:57,640 Speaker 3: Al sham HTS, the Islamist rebel group based in northwestern Syria, 496 00:27:57,840 --> 00:28:01,119 Speaker 3: is driving this effort against Bishar Ala Sad and we 497 00:28:01,160 --> 00:28:03,720 Speaker 3: wanted to spend some time with Hagar Shomali to talk 498 00:28:03,760 --> 00:28:06,120 Speaker 3: about this a bit more. This is a real expert. 499 00:28:06,160 --> 00:28:08,080 Speaker 3: You know her of course as the founder of Greenwich 500 00:28:08,119 --> 00:28:11,080 Speaker 3: Media Strategies. We talk a lot about Midia's policy, but 501 00:28:11,160 --> 00:28:14,600 Speaker 3: Hagar served as director for Syria and Lebanon as part 502 00:28:14,600 --> 00:28:16,720 Speaker 3: of the National Security Council in the White House, and 503 00:28:16,760 --> 00:28:17,760 Speaker 3: it's great to have you back. 504 00:28:18,160 --> 00:28:18,520 Speaker 5: Hagar. 505 00:28:18,680 --> 00:28:21,959 Speaker 3: How has this happened so quickly and how real a 506 00:28:21,960 --> 00:28:24,120 Speaker 3: threat is this to the Asad regime? 507 00:28:25,280 --> 00:28:27,680 Speaker 6: Sure well joke. First of all, thank you for mentioning 508 00:28:27,760 --> 00:28:29,440 Speaker 6: that I was director for Syra and Lebanon, because it's 509 00:28:29,440 --> 00:28:31,919 Speaker 6: really relevant to what we're talking about today, because I 510 00:28:32,000 --> 00:28:33,439 Speaker 6: was there at the White House during the first two 511 00:28:33,480 --> 00:28:35,880 Speaker 6: years of the Syria crisis, and this is a group 512 00:28:35,960 --> 00:28:38,880 Speaker 6: I know fairly well. So first of all, we were 513 00:28:38,920 --> 00:28:41,000 Speaker 6: all completely shocked. As you said, this is not something 514 00:28:41,000 --> 00:28:43,520 Speaker 6: that was on the twenty twenty four Bingo card. It 515 00:28:43,560 --> 00:28:47,640 Speaker 6: is a reaction to the weakness you're seeing on the 516 00:28:47,640 --> 00:28:51,880 Speaker 6: part of Iran, Hasbella for sure, and Russia. These are 517 00:28:51,920 --> 00:28:55,479 Speaker 6: all Bashar Lasa's allies. These are not only his allies, 518 00:28:55,520 --> 00:28:59,200 Speaker 6: but these are the governments and groups that propped him 519 00:28:59,320 --> 00:29:02,680 Speaker 6: up through throughout Syria's civil war. In twenty fourteen, it 520 00:29:02,720 --> 00:29:05,680 Speaker 6: looked like Bashar Alasad was really close to losing because 521 00:29:05,680 --> 00:29:09,200 Speaker 6: of the efforts of the opposition, and because Russia stepped in, 522 00:29:09,240 --> 00:29:12,000 Speaker 6: first Iran and then Russia and Hezbala. That is what 523 00:29:12,160 --> 00:29:15,120 Speaker 6: ultimately propped him up and allowed him to retain power. 524 00:29:15,160 --> 00:29:18,200 Speaker 6: And so the calculation on the part of HCS was 525 00:29:18,440 --> 00:29:22,720 Speaker 6: clearly they see that his allies are all weak. Russia's distracted, 526 00:29:22,800 --> 00:29:25,760 Speaker 6: Hasbala has been the head's been cut off, and so 527 00:29:25,880 --> 00:29:27,760 Speaker 6: now it would be a good time to launch this 528 00:29:27,880 --> 00:29:32,479 Speaker 6: surprise offensive. And that's what you saw happening. But I 529 00:29:32,520 --> 00:29:35,240 Speaker 6: had this reaction when I saw it happen. My reaction 530 00:29:35,320 --> 00:29:38,080 Speaker 6: and analysis remains the same even though several days have passed, 531 00:29:38,360 --> 00:29:40,959 Speaker 6: which is that I believe this will be temporary. And 532 00:29:41,000 --> 00:29:43,440 Speaker 6: the reason for that is that, first of all, Aleppo 533 00:29:43,760 --> 00:29:47,360 Speaker 6: is a very important city to Bashar Alasad, to the 534 00:29:47,400 --> 00:29:50,720 Speaker 6: Syrian government. It is Syria's second largest city. It is 535 00:29:50,760 --> 00:29:54,280 Speaker 6: also one of the more religiously diverse ones in Syria. 536 00:29:54,320 --> 00:29:57,880 Speaker 6: It includes quite a large Christian group as well. Many 537 00:29:57,920 --> 00:30:01,160 Speaker 6: of those Christians some support us AD, some don't. Most 538 00:30:01,160 --> 00:30:04,160 Speaker 6: of them just want protection from what they view as 539 00:30:04,160 --> 00:30:08,400 Speaker 6: Sunni Islamist groups, and so it's an important city. It 540 00:30:08,440 --> 00:30:10,640 Speaker 6: also has an international airport. By the way, this is 541 00:30:10,640 --> 00:30:12,920 Speaker 6: a city that is important for Busha LASA to retain 542 00:30:12,960 --> 00:30:15,160 Speaker 6: control of the reason they were able to take it 543 00:30:15,200 --> 00:30:18,680 Speaker 6: was because of the surprised nature of the assault. But 544 00:30:19,000 --> 00:30:22,320 Speaker 6: very quickly you saw Russia step in and start bombarding 545 00:30:23,560 --> 00:30:27,640 Speaker 6: a strongholds in northern Syria called Idlib. That's where this 546 00:30:27,720 --> 00:30:31,160 Speaker 6: group has its stronghold, where they control the area. And 547 00:30:31,200 --> 00:30:33,280 Speaker 6: I don't think that they're going to step back even 548 00:30:33,320 --> 00:30:35,680 Speaker 6: when they're when these dictators and allies are weak, they 549 00:30:35,680 --> 00:30:40,120 Speaker 6: are stronger together and ultimately, the Syrian government, the Russian government, 550 00:30:40,200 --> 00:30:43,120 Speaker 6: and Iran they have airplanes and these guys don't, and 551 00:30:43,160 --> 00:30:47,040 Speaker 6: that is what is going to ultimately, I believe, not 552 00:30:47,240 --> 00:30:51,400 Speaker 6: allow this group to retain control, to maintain control over 553 00:30:51,440 --> 00:30:54,680 Speaker 6: this newfound territory that they've recently attacked. 554 00:30:55,920 --> 00:31:01,640 Speaker 5: Aside reportedly flew to Moscow following this new challenge to 555 00:31:02,160 --> 00:31:05,960 Speaker 5: his regime, Hagar, Are you surprised to learn that? And 556 00:31:06,000 --> 00:31:06,920 Speaker 5: what will he bring home? 557 00:31:07,880 --> 00:31:10,480 Speaker 6: I'm not surprised to learn that. It's like he's visiting 558 00:31:10,480 --> 00:31:13,680 Speaker 6: his big brother. Frankly, Russia has been there for Syria 559 00:31:13,760 --> 00:31:17,440 Speaker 6: since the very beginning. They share historical ties. Those ties 560 00:31:17,560 --> 00:31:20,920 Speaker 6: go back decades. The Syria and Russia used to have 561 00:31:21,240 --> 00:31:24,360 Speaker 6: cultural and student exchanges. It's a relationship that is very 562 00:31:24,400 --> 00:31:27,200 Speaker 6: long in the making. And back when the Sirious Civil 563 00:31:27,200 --> 00:31:31,080 Speaker 6: War started, the Russian government was there for Bashar Lassat 564 00:31:31,120 --> 00:31:35,560 Speaker 6: and in twenty fourteen actually stepped in with significant military 565 00:31:35,600 --> 00:31:40,960 Speaker 6: support with airplanes, with air supporting them from the top 566 00:31:41,040 --> 00:31:43,960 Speaker 6: and bombarding what they said was a counter terrorism effort 567 00:31:44,040 --> 00:31:46,680 Speaker 6: to target ISIS. But they weren't just targeting ISIS. They 568 00:31:46,720 --> 00:31:50,360 Speaker 6: were also targeting the Syrian opposition. And so for Bashar 569 00:31:50,400 --> 00:31:52,160 Speaker 6: Lassa to fly to Moscow is for him to go 570 00:31:52,200 --> 00:31:55,080 Speaker 6: there and say, hey, I need your help to wrap 571 00:31:55,080 --> 00:31:57,880 Speaker 6: this up quickly. I can't fall back on Habela back 572 00:31:57,920 --> 00:32:00,000 Speaker 6: when when the serious civil war was at its peace. 573 00:32:00,360 --> 00:32:03,040 Speaker 6: Husbella and Nozrella the leader are now dead. Leader of 574 00:32:03,440 --> 00:32:07,280 Speaker 6: Hasbella sent in his top men into Syria. Those top 575 00:32:07,320 --> 00:32:09,760 Speaker 6: men don't exist anymore, and there's no leadership to even 576 00:32:09,760 --> 00:32:14,320 Speaker 6: make that decision. Husbela at this point is reeling from 577 00:32:14,360 --> 00:32:16,920 Speaker 6: the attacks by Israel, and so there are no position 578 00:32:16,960 --> 00:32:18,680 Speaker 6: to go into Syria and help. And so Basha is 579 00:32:18,720 --> 00:32:21,720 Speaker 6: going to kiss Putin's ring right now to ask for 580 00:32:21,760 --> 00:32:24,520 Speaker 6: as much help as Putin can offer. And although Putin 581 00:32:24,600 --> 00:32:28,520 Speaker 6: is distracted and Putin himself is relying on other dictators 582 00:32:28,560 --> 00:32:31,800 Speaker 6: like Kim John Gunn and Iran to support his effort 583 00:32:31,840 --> 00:32:35,840 Speaker 6: in Ukraine when they while they might be weaker alone, 584 00:32:35,520 --> 00:32:40,520 Speaker 6: when these dictators unite, they are genuinely stronger together. I 585 00:32:40,600 --> 00:32:42,720 Speaker 6: hate to admit that I wish it weren't true, but 586 00:32:42,760 --> 00:32:44,680 Speaker 6: it is, and so I do believe Putin is going 587 00:32:44,720 --> 00:32:46,920 Speaker 6: to do what he can to support his body. And 588 00:32:46,960 --> 00:32:48,200 Speaker 6: at the end of the day, the thing you have 589 00:32:48,240 --> 00:32:53,320 Speaker 6: to remember is that USAID is proof that if you 590 00:32:53,760 --> 00:32:57,320 Speaker 6: bulldoze your own people he killed. The estimates are between 591 00:32:57,320 --> 00:33:00,320 Speaker 6: three hundred thousand and five hundred thousand people killed, three 592 00:33:00,360 --> 00:33:03,200 Speaker 6: hundred thousand, almost half a million of his own people, 593 00:33:03,480 --> 00:33:07,120 Speaker 6: and he's still maintained power, He's not arrested. He lives 594 00:33:07,120 --> 00:33:09,800 Speaker 6: in the lap of luxury in Damascus, and so he 595 00:33:09,920 --> 00:33:12,320 Speaker 6: has no reason not to pursue that kind of strategy 596 00:33:12,360 --> 00:33:15,120 Speaker 6: again with Russia behind him, and that's what he's going 597 00:33:15,160 --> 00:33:17,280 Speaker 6: now to go do in Moscow. Is planned that. 598 00:33:17,240 --> 00:33:20,000 Speaker 5: Strategy incredible stuff. 599 00:33:20,800 --> 00:33:23,440 Speaker 3: The role the US plays in this is what Knowing 600 00:33:23,440 --> 00:33:26,120 Speaker 3: that Joe Biden is winding things down, in fact, he 601 00:33:26,280 --> 00:33:29,520 Speaker 3: just landed in Africa for a three day trip. You 602 00:33:29,600 --> 00:33:31,920 Speaker 3: seem to think this is temporary. Will it be resolved 603 00:33:32,040 --> 00:33:33,960 Speaker 3: by the time Donald Trump takes office. 604 00:33:35,400 --> 00:33:37,440 Speaker 6: Well, the US, the interests are a bit different because 605 00:33:37,440 --> 00:33:39,760 Speaker 6: for the United States, our main interest is supporting the 606 00:33:39,840 --> 00:33:42,960 Speaker 6: Kurds in northern Syria, ensuring that nothing happens to them. 607 00:33:43,000 --> 00:33:47,200 Speaker 6: The Kurds were our strongest ally encountering ISIS. In particular, 608 00:33:47,440 --> 00:33:51,080 Speaker 6: they're a key reason why ISIS has not popped up 609 00:33:51,120 --> 00:33:55,560 Speaker 6: again in northern Syria. The US, though, has had an 610 00:33:55,560 --> 00:33:59,160 Speaker 6: inconsistent relationship, if you will, with HTS, with this group 611 00:33:59,160 --> 00:34:03,720 Speaker 6: in particular that has has pushed into a lepo and 612 00:34:03,800 --> 00:34:07,440 Speaker 6: is now moving more south. HTS at one point was 613 00:34:07,480 --> 00:34:10,000 Speaker 6: santioned as a terrorist group. It was viewed back when 614 00:34:10,000 --> 00:34:12,440 Speaker 6: I was in government. It was viewed as Al Qaeda 615 00:34:12,480 --> 00:34:15,600 Speaker 6: in Iraq, but in Syria, and they have since changed, 616 00:34:15,880 --> 00:34:18,280 Speaker 6: and so I don't want to paint them that way entirely. 617 00:34:18,840 --> 00:34:21,000 Speaker 6: I also don't want to sugarcoat it for you. This 618 00:34:21,120 --> 00:34:26,080 Speaker 6: is a group that has very conservative Islamic views. They 619 00:34:26,120 --> 00:34:28,560 Speaker 6: say that they won't impose Sharia law, but they are 620 00:34:28,600 --> 00:34:33,200 Speaker 6: a very conservative Islamic group. But they have since disavowed 621 00:34:33,480 --> 00:34:37,360 Speaker 6: support for terrorism. They have disavowed their ties to terrorist groups, 622 00:34:38,080 --> 00:34:41,880 Speaker 6: and many experts believe that maintains I don't trust them 623 00:34:41,920 --> 00:34:43,120 Speaker 6: as far as I can throw them. I'm gonna tell 624 00:34:43,120 --> 00:34:45,160 Speaker 6: you that now because that is my experience in the 625 00:34:45,280 --> 00:34:48,640 Speaker 6: US government. But that said, that the US does have 626 00:34:48,680 --> 00:34:51,400 Speaker 6: a relationship with this group. Turkey in particular has a 627 00:34:51,440 --> 00:34:53,800 Speaker 6: strong relationship with this group and has given them a 628 00:34:53,840 --> 00:34:56,600 Speaker 6: lot of international assistance, which is what has allowed them 629 00:34:56,600 --> 00:35:00,040 Speaker 6: to maintain control over the north of Syria. And so 630 00:35:00,200 --> 00:35:02,840 Speaker 6: the United States at this effort, at this point, especially 631 00:35:02,880 --> 00:35:05,920 Speaker 6: at the end, during this time, when you're wrapping up 632 00:35:05,920 --> 00:35:12,600 Speaker 6: a presidency, President Biden is traveling in Africa, you have 633 00:35:12,640 --> 00:35:16,720 Speaker 6: Almos Hokstein who's trying to broker another ceasefire deal in Gaza. 634 00:35:17,040 --> 00:35:19,080 Speaker 6: That's going to be their focus when it comes to Syria. 635 00:35:19,560 --> 00:35:22,280 Speaker 6: The only thing they're going to be able to maintain 636 00:35:22,360 --> 00:35:25,720 Speaker 6: is to try and to argue that the Kurds remain safe, 637 00:35:26,040 --> 00:35:31,160 Speaker 6: that nothing happens to the Christian communities in Syria, and 638 00:35:31,239 --> 00:35:33,880 Speaker 6: also that this group is aware that they might that 639 00:35:34,200 --> 00:35:36,440 Speaker 6: they shouldn't bite off more than they can chew, because 640 00:35:36,480 --> 00:35:38,920 Speaker 6: what could happen is that US had only retaliates with 641 00:35:39,000 --> 00:35:43,000 Speaker 6: Russia and he run behind him to crush civilians once again, and. 642 00:35:42,960 --> 00:35:45,880 Speaker 3: That is likely what he will do in our remaining 643 00:35:45,920 --> 00:35:47,000 Speaker 3: couple of minutes here. 644 00:35:47,040 --> 00:35:48,160 Speaker 5: Then Hagar. 645 00:35:49,440 --> 00:35:51,200 Speaker 3: Turn the page to the next administration. 646 00:35:52,160 --> 00:35:53,239 Speaker 5: What does a d N I. 647 00:35:53,440 --> 00:35:56,880 Speaker 3: Tulsey Gabbard inside the White House mean, then for the 648 00:35:57,040 --> 00:35:58,439 Speaker 3: US relationship with. 649 00:35:58,360 --> 00:36:00,879 Speaker 5: Syria, that's a good question. 650 00:36:01,000 --> 00:36:04,360 Speaker 6: I had a hard time maintaining a straight face. Elsea Gabbard, 651 00:36:04,719 --> 00:36:08,000 Speaker 6: for viewers who don't know, traveled to Syria back during 652 00:36:08,000 --> 00:36:11,400 Speaker 6: the Syria Civil War, said that Bashar Lasad was not 653 00:36:11,440 --> 00:36:13,839 Speaker 6: an enemy of the United States. So then she tried 654 00:36:13,840 --> 00:36:18,920 Speaker 6: to retract that, and she also rejected intelligence assessments that 655 00:36:19,640 --> 00:36:22,840 Speaker 6: confirmed with high confidence that US had used chemical weapons 656 00:36:22,840 --> 00:36:24,960 Speaker 6: against his own people. I can tell you again, having 657 00:36:25,000 --> 00:36:27,240 Speaker 6: been on the other side of that when those chemical 658 00:36:27,239 --> 00:36:31,040 Speaker 6: attacks happened, that the bar that the intelligent community must 659 00:36:31,080 --> 00:36:34,280 Speaker 6: reach to make that assessment, and to make that assessment 660 00:36:34,320 --> 00:36:36,960 Speaker 6: with high confidence, is a very high bar. So to 661 00:36:37,040 --> 00:36:41,200 Speaker 6: have somebody who has publicly rejected the assessments of our 662 00:36:41,239 --> 00:36:45,160 Speaker 6: intelligence community to now be leading that position, and on 663 00:36:45,200 --> 00:36:48,640 Speaker 6: top of it, to have shown a desire to be 664 00:36:48,840 --> 00:36:51,840 Speaker 6: cozier or to look at Bashar Lasad through rose colored 665 00:36:51,840 --> 00:36:54,920 Speaker 6: glasses is concerning because that position is the one that 666 00:36:54,960 --> 00:36:58,440 Speaker 6: briefs the president every day in the Presidential Daily Brief 667 00:36:58,800 --> 00:37:02,120 Speaker 6: and briefs the president on our biggest threats, and so 668 00:37:02,200 --> 00:37:06,840 Speaker 6: you don't want that person viewing President asad in any way, 669 00:37:06,920 --> 00:37:10,719 Speaker 6: as a rosy person, as somebody who ensures stability, And 670 00:37:10,800 --> 00:37:13,759 Speaker 6: you also don't want that person just blatantly rejecting the 671 00:37:13,800 --> 00:37:17,640 Speaker 6: assessments of our intelligence analysts, who who truly serve at 672 00:37:17,640 --> 00:37:20,160 Speaker 6: the pleasure of the president, who are not partisan, and 673 00:37:20,200 --> 00:37:22,239 Speaker 6: who do remarkable work. And so that's my concern with 674 00:37:22,280 --> 00:37:23,319 Speaker 6: Tulsea Gabbert at the top. 675 00:37:24,440 --> 00:37:26,520 Speaker 3: Yeah, I can tell Higar, we're out of time. But 676 00:37:26,520 --> 00:37:28,520 Speaker 3: do you think she'll be confirmed with everything. 677 00:37:28,239 --> 00:37:28,759 Speaker 5: You just said? 678 00:37:30,440 --> 00:37:32,680 Speaker 6: I think it would be tenuous, But I just don't 679 00:37:32,680 --> 00:37:36,840 Speaker 6: think she's the most concerning for some of the other candidates, 680 00:37:36,840 --> 00:37:39,640 Speaker 6: and I believe that that's where you're going to see. 681 00:37:41,480 --> 00:37:43,200 Speaker 6: I don't know, it's hard to say. It's hard to say. 682 00:37:43,280 --> 00:37:46,239 Speaker 6: It's hard. She could pass. She could pass, but there 683 00:37:46,239 --> 00:37:51,239 Speaker 6: are others I think would would not pass muster before her. 684 00:37:51,680 --> 00:37:54,000 Speaker 5: So we'll see too many plates spinning at once. 685 00:37:54,040 --> 00:37:56,840 Speaker 3: Tigar Shamali, thank you so much for the insights and 686 00:37:56,880 --> 00:37:58,880 Speaker 3: great to have you back here on Bloomberg with Greenwich 687 00:37:58,920 --> 00:38:06,080 Speaker 3: Media Strategies Forward Director Syria Lebanon on the National Security Council. 688 00:38:06,520 --> 00:38:09,480 Speaker 1: You're listening to the Bloomberg Balance of Power podcast. 689 00:38:09,680 --> 00:38:12,840 Speaker 2: Can Just Live weekdays at noon Eastern on Applecarplay and 690 00:38:12,920 --> 00:38:15,440 Speaker 2: then roun Oo with the Bloomberg Business app. You can 691 00:38:15,480 --> 00:38:18,719 Speaker 2: also listen live on Amazon Alexa from our flagship New 692 00:38:18,760 --> 00:38:23,719 Speaker 2: York station, Just Say Alexa Play Bloomberg eleven thirty. 693 00:38:24,440 --> 00:38:26,920 Speaker 3: We wanted to focus on this this Monday, as the 694 00:38:26,960 --> 00:38:29,799 Speaker 3: Trump transition picks get all the attention along with the 695 00:38:29,840 --> 00:38:34,319 Speaker 3: Biden pardon. This is critically important and we're joined now 696 00:38:34,360 --> 00:38:36,960 Speaker 3: by an expert. He's just back from a trip to 697 00:38:37,080 --> 00:38:39,520 Speaker 3: Europe where he spent time with political and business leaders 698 00:38:39,560 --> 00:38:41,640 Speaker 3: and he's all ours at least for now. Brett Ruin, 699 00:38:41,840 --> 00:38:44,160 Speaker 3: President and CEO of the Global Situation Room. 700 00:38:44,200 --> 00:38:45,439 Speaker 5: Brett, it's great to have you back. 701 00:38:45,800 --> 00:38:46,440 Speaker 1: Of course, as a. 702 00:38:46,400 --> 00:38:48,799 Speaker 3: Veteran diplomat, I know your eyes are on Syria and 703 00:38:48,840 --> 00:38:50,680 Speaker 3: this is an area of the world that. 704 00:38:50,600 --> 00:38:52,120 Speaker 5: You've dealt with in the past. 705 00:38:52,719 --> 00:38:55,440 Speaker 3: How is this happening so quickly and what does it 706 00:38:55,520 --> 00:38:57,120 Speaker 3: mean for Bashar al Assad? 707 00:38:58,000 --> 00:39:00,840 Speaker 13: Well, the short answer, Joe is there's an imbalance of 708 00:39:00,960 --> 00:39:04,759 Speaker 13: power and I think what has transpired in Lebanon as 709 00:39:04,800 --> 00:39:09,200 Speaker 13: well as regionally with Iran, and listeners will know that 710 00:39:09,320 --> 00:39:12,800 Speaker 13: Bashar Assad gets most, if not all, of his support 711 00:39:13,160 --> 00:39:16,399 Speaker 13: from Tehran and the hits that they have taken through 712 00:39:16,440 --> 00:39:20,759 Speaker 13: their proxies Hamas Hezbollah are starting to hurt. And there 713 00:39:20,800 --> 00:39:24,160 Speaker 13: are I think a number of actors hts as you 714 00:39:24,200 --> 00:39:27,600 Speaker 13: mentioned before, one of them that smell blood in the 715 00:39:27,640 --> 00:39:30,160 Speaker 13: water and feel like this is a moment to strike, 716 00:39:30,200 --> 00:39:33,240 Speaker 13: and clearly they struck with great effectiveness. 717 00:39:34,760 --> 00:39:36,920 Speaker 5: Are they right so far? It seems they are. 718 00:39:38,239 --> 00:39:40,400 Speaker 13: They are, And I think the key question that is 719 00:39:40,480 --> 00:39:43,640 Speaker 13: looming over Damascus at the moment is whether or not 720 00:39:44,680 --> 00:39:47,839 Speaker 13: Assad's forces will be able to regroup. Now they do 721 00:39:47,960 --> 00:39:52,080 Speaker 13: have an air advantage. It isn't, however, the air advantage 722 00:39:52,080 --> 00:39:56,000 Speaker 13: they enjoyed earlier about you know, ten years ago when 723 00:39:56,080 --> 00:40:00,800 Speaker 13: first there was an uprising across the Syrian landscape. Now 724 00:40:01,000 --> 00:40:06,040 Speaker 13: there are drones, there are other unmanned air capabilities that 725 00:40:06,080 --> 00:40:09,719 Speaker 13: the rebel forces can use. There's obviously also just a 726 00:40:09,840 --> 00:40:13,640 Speaker 13: very different power dynamic in the region. And on top 727 00:40:13,719 --> 00:40:18,080 Speaker 13: of this, Russia plays a big part in supporting ASAD. 728 00:40:18,400 --> 00:40:22,960 Speaker 13: They've got their own hardware problems in Ukraine. The Ukrainians 729 00:40:23,000 --> 00:40:26,280 Speaker 13: are upping their efforts as Trump looks to take power 730 00:40:26,320 --> 00:40:29,360 Speaker 13: here in Washington again. So this isn't a good situation 731 00:40:29,600 --> 00:40:32,920 Speaker 13: for Asad. I would give his odds, you know, better 732 00:40:32,960 --> 00:40:36,800 Speaker 13: than fifty to fifty at this point, but it's still, 733 00:40:36,920 --> 00:40:39,480 Speaker 13: you know, quite frankly, a bit of an unknown. 734 00:40:40,880 --> 00:40:43,640 Speaker 3: Let's talk a bit about Russia and Iran then, because 735 00:40:44,040 --> 00:40:46,160 Speaker 3: it's pretty easy to connect the dots here, as you 736 00:40:46,239 --> 00:40:47,040 Speaker 3: are doing when it. 737 00:40:47,000 --> 00:40:48,160 Speaker 5: Comes to Iran. 738 00:40:49,160 --> 00:40:52,600 Speaker 3: The potential here for the dismantling of its proxy network 739 00:40:52,640 --> 00:40:55,520 Speaker 3: that we've talked about so much with regard to Israel 740 00:40:55,760 --> 00:40:59,040 Speaker 3: is great. What will we see happen to Tehran if 741 00:40:59,080 --> 00:41:01,680 Speaker 3: Bishar al Assad falls well? 742 00:41:01,719 --> 00:41:06,520 Speaker 13: And what's interesting here, yes, if Asade falls, who steps 743 00:41:06,520 --> 00:41:11,879 Speaker 13: into this void? HTS formally was the extension of al 744 00:41:11,960 --> 00:41:16,680 Speaker 13: Qaeda in Syria. They have moderated their position over the years. 745 00:41:16,680 --> 00:41:19,680 Speaker 13: They've tried one just to appeal to a Syrian population 746 00:41:19,840 --> 00:41:24,800 Speaker 13: that doesn't necessarily take well to some of those extremist ideologies. 747 00:41:25,040 --> 00:41:27,120 Speaker 13: But on the other hand, I think what you're seeing 748 00:41:27,520 --> 00:41:32,720 Speaker 13: is shifting in some of these groups. It isn't something 749 00:41:32,760 --> 00:41:35,640 Speaker 13: that is static. There's obviously different rebel groups and they 750 00:41:35,880 --> 00:41:40,360 Speaker 13: join forces and sometimes they're fighting against one another, other times, 751 00:41:40,400 --> 00:41:43,520 Speaker 13: as now they're fighting together. You know, what we don't 752 00:41:43,520 --> 00:41:46,200 Speaker 13: want to see, Joe is a Libya scenario where we 753 00:41:46,440 --> 00:41:49,960 Speaker 13: end up seeing a fall of a leader like Kadafi 754 00:41:50,400 --> 00:41:53,520 Speaker 13: and into the void come a whole lot of warring factions. 755 00:41:53,520 --> 00:41:56,560 Speaker 13: And so what's really important here is that the international 756 00:41:56,560 --> 00:42:02,520 Speaker 13: community start to step up now and preserve some you know, coalition, 757 00:42:02,880 --> 00:42:07,000 Speaker 13: preserves some semblance of stability, and hopefully get a plan 758 00:42:07,040 --> 00:42:09,080 Speaker 13: in place for how we're going to handle this thing, 759 00:42:09,400 --> 00:42:11,840 Speaker 13: potentially post a SOD. 760 00:42:12,000 --> 00:42:15,920 Speaker 3: Wow, give us the view from Moscow. Then, of course 761 00:42:16,400 --> 00:42:19,560 Speaker 3: Vladimir Putin is stretched thin in Ukraine. Does he have 762 00:42:20,200 --> 00:42:21,520 Speaker 3: any influence left here? 763 00:42:22,640 --> 00:42:26,400 Speaker 13: Well, he has some, and you saw Russian air assets 764 00:42:26,719 --> 00:42:30,360 Speaker 13: deployed in defense of Syrian troops. And yet at the 765 00:42:30,400 --> 00:42:33,680 Speaker 13: same time he hasn't got a lot Joe. He will 766 00:42:33,719 --> 00:42:36,480 Speaker 13: have a small presence in Syria. He doesn't have a 767 00:42:36,520 --> 00:42:39,480 Speaker 13: lot more to give. So when Asad's you know, nervously 768 00:42:39,520 --> 00:42:42,239 Speaker 13: picking up the phone and calling Moscow, the other end's 769 00:42:42,280 --> 00:42:43,960 Speaker 13: going to say, well, good luck, but we don't have 770 00:42:44,320 --> 00:42:45,239 Speaker 13: much more to send you. 771 00:42:47,120 --> 00:42:50,400 Speaker 3: As Bloomberg is reporting here, as Aleppo fell to rebels 772 00:42:50,400 --> 00:42:54,800 Speaker 3: over the weekend, the Syrian president flew to Moscow. 773 00:42:54,960 --> 00:42:56,040 Speaker 5: What does that tell us. 774 00:42:56,960 --> 00:43:00,759 Speaker 13: Well, we have long known that a SOD would essentially 775 00:43:01,440 --> 00:43:07,040 Speaker 13: an asset of Moscow and an extension of Iran, and 776 00:43:07,160 --> 00:43:09,520 Speaker 13: so he is going, you know, to make that personal 777 00:43:09,680 --> 00:43:12,600 Speaker 13: plea and to try and to push to get whatever 778 00:43:12,680 --> 00:43:16,320 Speaker 13: he can to defend against these rebel troops. But again 779 00:43:16,440 --> 00:43:20,120 Speaker 13: there isn't much, especially as Russia is worried about what 780 00:43:20,200 --> 00:43:22,760 Speaker 13: the next month month and a half has in store 781 00:43:22,800 --> 00:43:26,319 Speaker 13: for Ukraine. Zelenski is going to push to get the 782 00:43:26,360 --> 00:43:30,279 Speaker 13: best possible negotiating position he can with Trump coming in 783 00:43:30,560 --> 00:43:33,440 Speaker 13: and talking about this big deal that he has in 784 00:43:33,480 --> 00:43:33,920 Speaker 13: the works. 785 00:43:35,120 --> 00:43:38,720 Speaker 3: What does this all mean for the Biden administration? Brett 786 00:43:38,719 --> 00:43:40,759 Speaker 3: Bruin Joe Biden, of course abroad right now. He just 787 00:43:40,800 --> 00:43:43,920 Speaker 3: touched down on Angola a short time ago, but actually 788 00:43:43,960 --> 00:43:48,399 Speaker 3: had the wherewithal to announce a ceasefire with Hesbolah last week, 789 00:43:48,520 --> 00:43:51,400 Speaker 3: is reportedly working on one in Gaza. Does this White 790 00:43:51,400 --> 00:43:54,600 Speaker 3: House have any influence about outcomes in Syria or is 791 00:43:54,640 --> 00:43:56,040 Speaker 3: this about the Trump administration? 792 00:43:57,160 --> 00:44:02,480 Speaker 13: Well, look, Biden's influence is certainly, and they're trying to 793 00:44:02,560 --> 00:44:07,320 Speaker 13: make a good effort to secure something with the Moss 794 00:44:07,920 --> 00:44:13,560 Speaker 13: before the clock ticks midnight on January twentieth. But at 795 00:44:13,560 --> 00:44:16,400 Speaker 13: the same time, I think, you know, quite Frankly, a 796 00:44:16,400 --> 00:44:20,040 Speaker 13: lot of these leaders know that Biden is old news, 797 00:44:20,400 --> 00:44:24,120 Speaker 13: that he is no longer able to yield and wield 798 00:44:24,520 --> 00:44:26,560 Speaker 13: the kind of power. And so you're going to see 799 00:44:26,560 --> 00:44:28,279 Speaker 13: the Net and Yahoo's. You're going to see even the 800 00:44:28,320 --> 00:44:31,160 Speaker 13: Putins try and hold on for Trump to come in 801 00:44:31,200 --> 00:44:32,399 Speaker 13: and hopefully to get a better deal. 802 00:44:33,520 --> 00:44:36,439 Speaker 3: You know, we're having this conversation, Brett. We haven't mentioned 803 00:44:36,480 --> 00:44:39,840 Speaker 3: the name Tulsei Gabbard yet, and I'm not sure that 804 00:44:39,920 --> 00:44:43,239 Speaker 3: we should. But she's facing a confirmation, hearing to be 805 00:44:43,440 --> 00:44:47,560 Speaker 3: the nation's top spy, essentially knowing of her dalliances with 806 00:44:47,680 --> 00:44:52,720 Speaker 3: Bashar al Assad, her opinion of the veracity of his regime, 807 00:44:52,840 --> 00:44:55,719 Speaker 3: her essentially her support if I can call it that, 808 00:44:55,840 --> 00:44:59,080 Speaker 3: for him. How does this color the way Senators will 809 00:44:59,120 --> 00:45:02,040 Speaker 3: look at this matter when it comes time for confirmation? 810 00:45:03,000 --> 00:45:05,759 Speaker 13: Well, this is unfortunate timing if you're Tulsa Gabbert, because 811 00:45:05,760 --> 00:45:08,000 Speaker 13: it is going to bring to the four both what 812 00:45:08,080 --> 00:45:12,720 Speaker 13: Asad did in the past dropping chemical weapons on civilians 813 00:45:12,880 --> 00:45:16,880 Speaker 13: in Syria, but it also, quite frankly, is likely to 814 00:45:16,920 --> 00:45:20,799 Speaker 13: bring more atrocities, and Gabbard is going to have a 815 00:45:20,800 --> 00:45:24,200 Speaker 13: tough time explaining why in the midst the height. In fact, 816 00:45:24,320 --> 00:45:27,720 Speaker 13: Joe of some of those atrocities. She went without any 817 00:45:28,160 --> 00:45:32,319 Speaker 13: clear diplomatic mission other than to provide legitimacy, other than 818 00:45:32,360 --> 00:45:37,000 Speaker 13: to provide a propaganda point for Asad to use. So 819 00:45:37,480 --> 00:45:39,640 Speaker 13: is this the kind of person that you want making 820 00:45:39,719 --> 00:45:44,080 Speaker 13: those major decisions about US intelligence and how to deploy 821 00:45:44,480 --> 00:45:47,080 Speaker 13: our intelligence assets. I think a lot of senators will 822 00:45:47,120 --> 00:45:48,000 Speaker 13: have those questions. 823 00:45:49,000 --> 00:45:49,799 Speaker 5: You better believe it. 824 00:45:49,840 --> 00:45:52,719 Speaker 3: This is someone who has said that Asad is not 825 00:45:52,960 --> 00:45:55,279 Speaker 3: the enemy of the United States. They're going to have 826 00:45:55,400 --> 00:45:59,239 Speaker 3: images video of her with him that is shown in 827 00:45:59,280 --> 00:46:00,000 Speaker 3: these confirmations. 828 00:46:00,200 --> 00:46:00,640 Speaker 5: Hearings no. 829 00:46:01,920 --> 00:46:04,319 Speaker 13: Well, and it raises the question, you know, in terms 830 00:46:04,360 --> 00:46:08,120 Speaker 13: of vetting, you normally, in a normal transition, would want 831 00:46:08,160 --> 00:46:11,400 Speaker 13: to have checked these sort of things. Did that happen? Maybe, 832 00:46:12,040 --> 00:46:15,720 Speaker 13: but quite frankly, it's just a bad split screen for Trump. 833 00:46:15,960 --> 00:46:19,120 Speaker 13: He's going to have to justify why this person who's 834 00:46:19,160 --> 00:46:25,000 Speaker 13: had some pretty unsavory dalliances with both Bashar al Assad 835 00:46:25,080 --> 00:46:30,560 Speaker 13: as well as even with Moscow and Moscow's propaganda. You know, 836 00:46:30,719 --> 00:46:33,160 Speaker 13: this is the person that's going to keep us safe 837 00:46:33,200 --> 00:46:35,719 Speaker 13: and Joe, at the end of the day, that's what 838 00:46:35,760 --> 00:46:37,359 Speaker 13: the job's about. And I think you know with some 839 00:46:37,400 --> 00:46:41,040 Speaker 13: of these national security positions. It's really really important. Fine, 840 00:46:41,400 --> 00:46:44,840 Speaker 13: you know, you want to offer up some party favors 841 00:46:44,880 --> 00:46:48,600 Speaker 13: to the donors or others who supported you, political allies 842 00:46:48,680 --> 00:46:51,200 Speaker 13: like Gabbert, But do you really want to put them 843 00:46:51,360 --> 00:46:54,320 Speaker 13: in that sensitive position that keeps us all safe? 844 00:46:56,280 --> 00:46:58,520 Speaker 3: Brett, While you're with us here, we're looking at Joe 845 00:46:58,520 --> 00:47:01,319 Speaker 3: Biden's step off Air Force one in Angola. He did 846 00:47:01,360 --> 00:47:04,200 Speaker 3: promise to visit Africa before he left the White House. 847 00:47:04,239 --> 00:47:07,319 Speaker 3: He's making good on that promise with just weeks to 848 00:47:07,360 --> 00:47:12,480 Speaker 3: go here. Does this administration play a role internationally from 849 00:47:12,520 --> 00:47:15,480 Speaker 3: here on out between now and January twentieth, Does he 850 00:47:15,560 --> 00:47:18,560 Speaker 3: in fact have any influence as we wait for Donald 851 00:47:18,600 --> 00:47:19,520 Speaker 3: Trump globally? 852 00:47:19,719 --> 00:47:21,640 Speaker 13: Well, you know, it's interesting. You know, he's going to 853 00:47:21,719 --> 00:47:26,440 Speaker 13: Angola in part to celebrate US investment in the country, 854 00:47:26,560 --> 00:47:32,120 Speaker 13: in the infrastructure, and as a play against Beijing to 855 00:47:32,160 --> 00:47:37,120 Speaker 13: try and reassert American relevance. Quite frankly on the continent. 856 00:47:37,200 --> 00:47:41,040 Speaker 13: I served half my diplomatic career in Africa, and we 857 00:47:41,080 --> 00:47:43,880 Speaker 13: are losing the game when it comes to influence, not 858 00:47:43,960 --> 00:47:46,560 Speaker 13: just against China, but even you know, going back to Russia, 859 00:47:46,840 --> 00:47:51,440 Speaker 13: Russian Wagner forces have been deployed across this hell in 860 00:47:51,480 --> 00:47:56,279 Speaker 13: West Africa with great effect, forcing out peacekeepers, forcing out 861 00:47:56,520 --> 00:47:59,640 Speaker 13: even some of our diplomatic missions. So Biden is showing 862 00:47:59,719 --> 00:48:03,520 Speaker 13: up in an African continent that is radically different than 863 00:48:03,520 --> 00:48:07,160 Speaker 13: when he took office, and Joe, I think, unfortunately, it 864 00:48:07,239 --> 00:48:12,279 Speaker 13: illustrates how ineffective a lot of his diplomatic initiatives have been. 865 00:48:12,600 --> 00:48:15,799 Speaker 13: Even as well intentioned as they are, you can't look 866 00:48:15,800 --> 00:48:19,160 Speaker 13: at Africa today and say they are a stronger ally 867 00:48:19,239 --> 00:48:21,439 Speaker 13: of the US than they were four years ago. 868 00:48:22,480 --> 00:48:23,799 Speaker 3: Well, I think we're going to have a lot to 869 00:48:23,800 --> 00:48:27,719 Speaker 3: talk about for the remainder of this administration, the confirmation process, 870 00:48:28,040 --> 00:48:31,840 Speaker 3: and whatever the next Trump administration brings here internationally. So 871 00:48:31,880 --> 00:48:34,440 Speaker 3: thank you for the insights today, and let's stay close 872 00:48:34,520 --> 00:48:35,320 Speaker 3: on all these issues. 873 00:48:35,320 --> 00:48:36,800 Speaker 5: Brett Ruin is President's. 874 00:48:36,440 --> 00:48:39,800 Speaker 3: CEO the Global Situation Room, a veteran of foreign policy 875 00:48:39,800 --> 00:48:42,640 Speaker 3: and diplomacy here in Washington, d C. And a perfect 876 00:48:42,719 --> 00:48:44,920 Speaker 3: voice for US today as we keep our eyes on 877 00:48:44,960 --> 00:48:48,600 Speaker 3: what is happening in Syria. Remember we have this conversation, 878 00:48:48,800 --> 00:48:51,800 Speaker 3: This one is not over yet. These rebel fighters continue 879 00:48:51,840 --> 00:48:54,520 Speaker 3: their way southward and we're still waiting, of course for 880 00:48:54,640 --> 00:49:02,000 Speaker 3: resolution in Gaza. Thanks listening to the Balance of Power podcast. 881 00:49:02,640 --> 00:49:05,759 Speaker 3: Make sure to subscribe if you haven't already, at Apple, Spotify, 882 00:49:05,840 --> 00:49:08,439 Speaker 3: or wherever you get your podcasts, and you can find 883 00:49:08,480 --> 00:49:11,720 Speaker 3: us live every weekday from Washington, DC at noontime Eastern 884 00:49:12,040 --> 00:49:13,480 Speaker 3: at Bloomberg dot com.