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Speaker 1: Now from our nation's capital. This is Bloomberg Sound On.

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Speaker 1: I'm a little bit unimpressed of the discipline and the

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Speaker 1: training level of the Russian forces. As bad and as

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Speaker 1: terrific as it is, we want to make sure that

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Speaker 1: we do not see an escalation. Bloomberg sound on Politics,

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Speaker 1: Policy and perspective from DC's top name. I sent to

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Speaker 1: the commodity first who were made very high, elevated certainly

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Speaker 1: over the next year, when it's probably first after the year.

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Speaker 1: You Republicans want to give Democrat Day victory on getting

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Speaker 1: tough with China on a political basist, the answer is no.

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Speaker 1: Floomberg Sound On with Joe Matthew on Bloomberg Radio. The

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Speaker 1: US tightens the squeeze on Vladimir Putin moving to revoke

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Speaker 1: normal trade relations with Russia. As Washington Democrats huddle at

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Speaker 1: their annual strategy retreat in Philadelphia, say goodbye to your

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Speaker 1: Russian vodka and caviare this weekend, and welcome to the

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Speaker 1: fastest hour in politics. We're joined today like Han has been.

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Speaker 1: Dwight Evans, Democrat from Pennsylvania, has been at the party

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Speaker 1: conference and will bring us up to date on things

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Speaker 1: and later the war in Ukraine's impact on business and

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Speaker 1: how companies are getting people in and out of country.

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Speaker 1: A conversation with Morgan Williams, president and CEO of the

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Speaker 1: US Ukraine Business Council our panel today, Bloomberg Politics contributor

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Speaker 1: and Democratic analyst Gene Schanzano is along with Chape and Faye,

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Speaker 1: Republican strategist, founder of Lighthouse Public Affairs. As President Biden

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Speaker 1: takes another swing at Russia, now calling on Congress to

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Speaker 1: use its authority to revoke normal trade relations with Moscow.

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Speaker 1: The President spoke from the Roosevelt Room at the White

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Speaker 1: House today. Here he is, each of our nation is

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Speaker 1: going to take steps in then I Most Favored Nations

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Speaker 1: status to Russia. The Most Favorite Nations status designation means

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Speaker 1: two countries have agreed to trade with each other under

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Speaker 1: the best possible terms. Prudent is an aggressor, is the aggressor,

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Speaker 1: and Putin must pay the price. He cannot pursue a

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Speaker 1: war that threatens the very foundations which he's doing, the

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Speaker 1: very foundations of international peace and stability, And then asked

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Speaker 1: for financial help from the international community, and having already

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Speaker 1: banned Russian oil and gas that was just days ago.

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Speaker 1: The President went for, well, the only other imports that

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Speaker 1: you may actually end up missing. Here he is again.

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Speaker 1: We're also taking a further step abandon imports of goods

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Speaker 1: from several signature sectors of the Russian economy, including seafoods, vodka,

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Speaker 1: and diamonds. Seafood, vodka and diamonds, No more cavi are

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Speaker 1: what would Robin Leach have said? Now, there's bipartisan support

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Speaker 1: in Congress by the way of revoking preferential trade status.

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Speaker 1: They'll figure out how to get this in the language.

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Speaker 1: Speaker Nancy Pelosi says she expects to have legislation on

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Speaker 1: the floor next week. I will tell you a Republican

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Speaker 1: source in the House tells me it will pass with

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Speaker 1: strong support both sides of the aisle. Now let's bring

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Speaker 1: in Congressman Dwight Evans, Democrat from Pennsylvania and the city

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Speaker 1: of Philadelphia, where the Democratic Party is holding its annual

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Speaker 1: strategy retreat. Congressman, thank you for joining us. I know

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Speaker 1: it's been a couple of days of conversation. How much

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Speaker 1: has the war in Ukraine occupied the talk at your

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Speaker 1: retreat in Philadelphia? Uh, it's de definitely been a part

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Speaker 1: of it. It's been a centerpiece because we're on the

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Speaker 1: side of the people of Ukraine and it's important to

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Speaker 1: understand that they need our help and we need to

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Speaker 1: stand with the people. It's very clear with what prudent

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Speaker 1: is doing is wrong, and the President has articulated there

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Speaker 1: and is expressed exactly what damage is doing. So if

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Speaker 1: you're on the side of democracy, on the side of Ukraine,

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Speaker 1: and that's very clear, and we need to show and

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Speaker 1: to stand for the necessary support for the people of Ukraine.

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Speaker 1: Will you vote to revoke Russia's preferred trade status as

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Speaker 1: the President asked today if it comes to the floor

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Speaker 1: next week, Congressman, Yes, as I have supported other efforts

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Speaker 1: to send a message to Putin and his behavior and

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Speaker 1: his intman, it is not acceptable in this democracy, in

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Speaker 1: this world. And the fact that I like the fact

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Speaker 1: that the President is leaving on this issue in terms

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Speaker 1: of organizing other countries and showing that it's important to

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Speaker 1: be on the side of the people of Ukraine. So

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Speaker 1: I joined with the President and his message that he

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Speaker 1: gave today. It was a message and a sense of

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Speaker 1: hope and optimism and that we must stick together. This

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Speaker 1: is a bipartisan effort. If you know those who said

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Speaker 1: that they don't see bipartisanship. The Republicans standing very clear

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Speaker 1: with us bringing everyone together. Congressman brought Europe together as well.

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Speaker 1: We know there could be additional sanctions speaking of bipartisanship, uh,

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Speaker 1: like just relative sanctions after the framework was announced a

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Speaker 1: few days ago, Democrats and Republicans from the tax writing committees,

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Speaker 1: do you want to see sanctions already announced before you

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Speaker 1: even add more? Do you want to see sanctions announced

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Speaker 1: made permanent, like the banning of Russian gas and oil? Well, look,

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Speaker 1: this is very serious and the fact of the matter

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Speaker 1: is for what is happening to the people of uking,

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Speaker 1: women and children and the damage that is a current,

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Speaker 1: and it's very clear that through the president, leadership of

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Speaker 1: us working together is very important. So we must support

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Speaker 1: the President in his leadership. We must joy that line

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Speaker 1: and not accept this behavior. And I believe he's leaving

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Speaker 1: us in the right direction and that support direction. I

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Speaker 1: read you, I read you on that, Congressman. But should

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Speaker 1: there be should Congress be adding its voice to that?

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Speaker 1: Is it time to codify sanctions through legislation? Sho, Well,

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Speaker 1: you know it's cindified for us to work together, Okay,

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Speaker 1: And that's us working with the speak of the House

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Speaker 1: and the President and not to try to pre empt

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Speaker 1: a strategy which I believe is to lay it out

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Speaker 1: and I believe ultimately will win out. Well, let me

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Speaker 1: ask you as well, Congress past denominous budget this week,

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Speaker 1: which is why we're not talking about running out of

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Speaker 1: money tonight. So we'll call that a win. But it

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Speaker 1: was passed without any of the COVID funding that the

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Speaker 1: administration requested. It was twenty two billion dollars. There's a

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Speaker 1: lot of money. The White House says our testing capacity

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Speaker 1: will begin declining now this month. I know the main

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Speaker 1: point of disagreement, Congressman was the clawback of COVID funding

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Speaker 1: from some states. How does this end? Does does that

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Speaker 1: part need to change to get this past? Well, I

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Speaker 1: mean we worked it up. In the case of Pennsylvania.

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Speaker 1: That was not an issue for arbticular state. Yeah, so

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Speaker 1: I share with you that we would be revisited, uh,

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Speaker 1: and I believe we will find a way to work

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Speaker 1: it out. So in Pennsylvania that was not one of

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Speaker 1: our challenges. But yet we still joined the hefor the

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Speaker 1: based on the President. If you don't saying how significant.

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Speaker 1: It was was to to finally pass the budget that

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Speaker 1: will go up until in the September, and the budget

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Speaker 1: makes the necessary investments that are important. As we've moved ahead,

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Speaker 1: we can think about one point five it was done

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Speaker 1: in terms of the investment and important the investments that

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Speaker 1: are needed for the American people, and that's and also

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Speaker 1: the money there for Ukraine that's also important. I think

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Speaker 1: we need to understand. We got to work together on this.

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Speaker 1: Speaker Pelosi, I spoke at your retreat today about the

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Speaker 1: Democratic agenda for the rest of the year. Congressman spoke

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Speaker 1: about portions of the Build Back Better legislation, like paid leave,

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Speaker 1: like the child tax credit. She she listed a number

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Speaker 1: of them. As a member of the Congressional Progressive Caucus.

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Speaker 1: Do you trust the leadership in the party to make

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Speaker 1: that happen this year? Yes, very clear. But this leadership

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Speaker 1: Nancy Pelosi has been clear and she has shown it

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Speaker 1: from the beginning, and I believe that she just needs

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Speaker 1: our support and I would be a sit on the

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Speaker 1: Ways and Means Committee. I understand she understands the importance

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Speaker 1: of it, and she is providing a kind of leadership

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Speaker 1: that we really need. So more day anything. We need

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Speaker 1: to show leadership between Nancy Pelosi and President By and

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Speaker 1: Vice President Harris Well, I know that you know, look,

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Speaker 1: this is a problem. Last year, I know a lot

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Speaker 1: of progressives congressmen felt burned. If you couldn't pass these

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Speaker 1: last year, how do you pass them this year in

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Speaker 1: a midterm election season. Well, you know, you just work harder,

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Speaker 1: You just work harder. Nothing is ever easy. We have

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Speaker 1: a very difficult situation when uh factive matter. When you

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Speaker 1: think about the pandemic and the challenges that but we

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Speaker 1: understand that we must figure out a way to address

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Speaker 1: these issues. You think about the American Rescue Act, that

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Speaker 1: wouldn't have passed if it was not because of the Democrats.

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Speaker 1: That's stupid. The president and the importance of look at

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Speaker 1: the boy bars, the Infrastrust Form pactice you know what

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Speaker 1: thought that could be done, And it's all came down

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Speaker 1: to matho, of course, and I'd spend pretty difficult math

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Speaker 1: with some of these build back better provisions. How are

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Speaker 1: you how are you managing this in the in the

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Speaker 1: conversations as you strategize in Philadelphia for the year ahead.

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Speaker 1: So you're not talking about Joe Manchin and kirston Cinema

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Speaker 1: straight through election day. No, I think, like like anything.

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Speaker 1: You know, look, everything needs to figure out. There's a

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Speaker 1: way and and and you know you're gonna have people

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Speaker 1: have difference of opinion, but you gotta keep your eye

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Speaker 1: on the ball. And on the ball is how we

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Speaker 1: best support the kinds of family policies that the President

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Speaker 1: is talking about, putting money in people's pockets, helping knows that.

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Speaker 1: Look at the policy challenges we've had. So you know,

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Speaker 1: you know your question about the basis of your question.

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Speaker 1: This is not gonna be just quick and easy answer.

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Speaker 1: It is gonna be win. Almost everyone works together, and

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Speaker 1: that's very important to remember. You know, when the President

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Speaker 1: talked to mayor Rescue at you know all the Democrats,

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Speaker 1: all the Democrats were together, even Mansions was there. So

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Speaker 1: I want to let you know it is clear there

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Speaker 1: are things we need to done. Did you talk to him?

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Speaker 1: Is he gonna vote for some of this legislation or

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Speaker 1: is this going to continue to be an obstacle? Well,

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Speaker 1: I wouldn't say that. I would just say to you,

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Speaker 1: you know the Senator, he has his views and at

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Speaker 1: the end of the day, I think there will be

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Speaker 1: some way We'll find ways to get it done. Congressman

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Speaker 1: Dwight Evans, Congressman from Pennsylvania's third congressional district, or regards

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Speaker 1: to Philadelphia, Sir, thanks for being with us here on

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Speaker 1: Bloomberg Sound On. I'm Joe Matthew in Washington, and it's

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Speaker 1: the fastest hour in politics, which is why I want

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Speaker 1: to pull in Genie Chanzano, Bloomberg Politics contributor, with a

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Speaker 1: couple of minutes here. Genie, your thoughts on this as

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Speaker 1: Democrats gather in Philadelphia. Nothing's changed in the math? Is

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Speaker 1: this just kind of a blue sky going into the

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Speaker 1: the new year here with some of these items like

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Speaker 1: I mentioned paid leave for instance, that couldn't get through

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Speaker 1: the Build Back Better agenda last year. Is this a

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Speaker 1: real conversation or is this kind of a pep rally

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Speaker 1: that's going on. I think it's a little bit of both,

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Speaker 1: you know. I think Democrats are feeling pretty good that

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Speaker 1: they made it to Philly with having passed the Omnibus

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Speaker 1: Bill a few months into the year. They've also gotten

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Speaker 1: through the Post Office Act. You know, they have gotten

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Speaker 1: the violence against women. I mean, there's been a few

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Speaker 1: bright spots there in Congress but I think what we're

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Speaker 1: hearing out of interestingly, out of Philly, is for the

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Speaker 1: rest of that agenda that you were talking to Representative

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Speaker 1: Evans about. They are looking at the president and looking

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Speaker 1: to the President and saying, please use your executive authority

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Speaker 1: to pass these things, because they know full well if

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Speaker 1: they don't maintain the House and the Senate in the fall,

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Speaker 1: they're not going to have these things passed at least

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Speaker 1: for two years. All right, this is great. We're gonna

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Speaker 1: pick up right there as we assemble the panel next

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Speaker 1: with Genie Chanzano and Chape and Fay, Republican strategist, founder

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Speaker 1: of Lighthouse Public Affairs, will bring you in the room

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Speaker 1: in that retreat in Philadelphia. Let you hear what Speaker

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Speaker 1: Pelosi was saying. Coming up next, But of course we

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Speaker 1: want to check traffic and the markets on the way.

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Speaker 1: It's sound on. I'm Joe Matthew and this is Bloomberg.

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Speaker 1: You're listening to Bloomberg. Sound On with Joe Matthew on

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Speaker 1: Bloomberg Radio headline on the terminal, Democrats seek wins to

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Speaker 1: woo voters after build back, better flop. Our friend Emily

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Speaker 1: Wilkins shares the byline House Democrats seeking avenues, she writes,

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Speaker 1: to ram through their priorities as part of a final

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Speaker 1: push before the midterm elections. Yes, the year of sweet release.

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Speaker 1: That was me who said that. But importantly here Democrats,

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Speaker 1: they right hope President Biden and Gennie mentioned this a

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Speaker 1: minute ago, can use executive action to accomplish some of

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Speaker 1: what they and not pass. So that's how this ends.

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Speaker 1: Congressman Clyburn was talking about it up at that retreat,

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Speaker 1: reminding members of how many times through history executive orders

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Speaker 1: have been used. Certainly was a preferred mechanism of the

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Speaker 1: former president. But let's back up. Let's bring you into

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Speaker 1: the room actually in Philadelphia a little bit earlier today

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Speaker 1: with Speaker Nancy Pelosi talking about this very agenda that

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Speaker 1: would be I guess part legislative, part executive order, and

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Speaker 1: a lot of it sounds awfully familiar. Here she is,

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Speaker 1: and we want to continue that were concertain aspects of BBB,

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Speaker 1: where child tax credit, uh universal pre K. The list

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Speaker 1: goes on to affordable childcare. Our champion in the Congress,

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Speaker 1: Katherine Clarke, nobody has done more than she has in

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Speaker 1: the Congress on that subject, home health care, saving our planet.

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Speaker 1: The list goes on saving the planet, a little thing

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Speaker 1: called saving the planet. By the time President Biden got

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Speaker 1: there and spoke to the room, this is a few

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Speaker 1: hours later, the conversation shifted to communicating what had already

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Speaker 1: been done, what had already been passed, and he was

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Speaker 1: talking about fiscal responsibility and the bad rap that Pith

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Speaker 1: sees the party getting. Here's the President Biden at the

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Speaker 1: retreat last year. Because of what you all did, we

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Speaker 1: reduced the deaf asit by three hundred and sixty billion

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Speaker 1: dollars wait the Democrats, while the economy grew. We're on

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Speaker 1: track right now attracted to be the first president history

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Speaker 1: to lower the deaf over one trillion dollars in one year.

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Speaker 1: I'm sick of this stuff. We have to talk about

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Speaker 1: it because American people think the region of inflation is

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Speaker 1: government spending more money. Simply not true. I don't think

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Speaker 1: we need any lectures from our friends and other side

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Speaker 1: of a fist corresponsibility. For God's sake, he got some laughter.

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Speaker 1: There no major standing ovation. As we assemble the panel

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Speaker 1: with the aforementioned Jennie Shenzano, Democratic analyst, Bloomberg Politics contributor

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Speaker 1: joined today by chap and Faye, republican strategist, founder of

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Speaker 1: Lighthouse Public Affairs, chaping back with us on the fastest

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Speaker 1: hour in politics. It's great to have you both here, Genie,

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Speaker 1: to your point, how much of this can be done

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Speaker 1: through executive order? Uh, you know a bit of it can.

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Speaker 1: You know what's stunning to me is when Barack Obama

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Speaker 1: famously in said, you know, I've got my pen and

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Speaker 1: I've got my phone, and I can make this work

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Speaker 1: and go it alone because Congress isn't operating. He was

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Speaker 1: six years into his administration, two years into his second term.

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Speaker 1: They are talking about this, and and Joe Biden is

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Speaker 1: only one year into his term. And I think that

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Speaker 1: just speaks volumes about where Democrats think they are. And

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Speaker 1: you know, to the President's point today, just briefly, I

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Speaker 1: think the Democrats have to be careful. They have done

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Speaker 1: a lot of good, they have gotten a lot passed,

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Speaker 1: they have spent a lot of money. They need to

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Speaker 1: also talk about the positive things they have done, not

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Speaker 1: only moan about what hasn't gotten through. There have been positives.

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Speaker 1: Let's start with the bipartisan infrastructure and you can go

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Speaker 1: right down the list. So they've got to also take

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Speaker 1: a page from what the president is talking about here, chapen,

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Speaker 1: Is this happy talk? Or can any of this actually

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Speaker 1: happen legislatively or through executive order? There were so many

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Speaker 1: attempts to get it done last year, we saw them

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Speaker 1: all fail in real time and talk about it on

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Speaker 1: this program for months. Things have only become more difficult

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Speaker 1: this year in a midterm election cycle. So how could

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Speaker 1: it happen? Well, I mean, like you said, work harder,

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Speaker 1: I guess um. You know, Um, Democrats control both houses

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Speaker 1: of the legislature and the presidency, so um to be

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Speaker 1: talking about doing things by executive order? Um, I find

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Speaker 1: a little odd. Um. It's their own party. They have

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Speaker 1: to get on board. Um, even you know they're all

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Speaker 1: members in the Senate are not excited about some of

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Speaker 1: the things that they want to do. Um. And you know, um,

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Speaker 1: during election years, things tend to get a little strange,

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Speaker 1: even stranger, curious er and curious or um. But I

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Speaker 1: think that shows, you know, the will of the voters

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Speaker 1: is gonna is gonna happen in November. And if the

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Speaker 1: Democrats are afraid of doing some of these things, are

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Speaker 1: putting things on the back burner because they're not popular

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Speaker 1: with voters. I mean, I think that speaks. Even Louder

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Speaker 1: said on the program yesterday, the Democrats would never waste

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Speaker 1: a reconciliation bill. Uh, it doesn't that and he's got

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Speaker 1: to be right about that. Doesn't this suggest then that

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Speaker 1: they don't think that to your point, they can even

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Speaker 1: get that passed with on a party line vote. They'll

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Speaker 1: they will need executive orders to get these through. Oh

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Speaker 1: that's right, and um, you know I I think, um,

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Speaker 1: you know, it's it's it's it's it's both parties to

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Speaker 1: blame here because you know, Republicans sends victory here now right.

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Speaker 1: UM's it's shaping up to be a Republican wave year

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Speaker 1: in certainly the House, maybe even the Senate. Um. So

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Speaker 1: the Democrats are gonna find it harder and harder to

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Speaker 1: find by partnership because Republicans just you know, real politics,

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Speaker 1: think they can get more votes and think that they

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Speaker 1: can win seats. So it's gonna be just much more

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Speaker 1: difficult for Democrats to get things done that are if

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Speaker 1: this broad popularity, if this becomes legislation, Genie, does it

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Speaker 1: look a heck of a lot like Joe Mansion's memo

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Speaker 1: from last June. It'll look exactly the way Joe Mansion

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Speaker 1: wants it to if it goes through Congress. Joe m

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Speaker 1: is gonna be all over that and not are Joe

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Speaker 1: m You're are Joe m. This is the other Senator,

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Speaker 1: Joe Mansion. It's gonna look exactly like he wants it um,

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Speaker 1: you know, because he has been willing to stand up

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Speaker 1: to Democrats and say this is you know what I

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Speaker 1: will and will not accept. You know, other senators on

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Speaker 1: the Democratic side could do the same thing. Maybe Kristen

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Speaker 1: Cinema to a certain extent will, But that's absolutely what

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Speaker 1: we're gonna see if it passes, Genie and Chafin or

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Speaker 1: with us, our panel for the day here on sound

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Speaker 1: On will turn to Ukraine next. Stay with us, IM

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Speaker 1: Joe Matthew. This is Bloomberg broadcasting live from our nation's capital,

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Speaker 1: Bloomberg to New York, Bloomberg eleven Frio to Boston, Bloomberg

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Speaker 1: one oh six one to San Francisco, Bloomberg nine sixty

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Speaker 1: to the country, Serious XM Channel one nine and around

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Speaker 1: the globe, the Bloomberg Business app and Bloomberg Radio dot Com.

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Speaker 1: This is Bloomberg Sound On with Joe Matthew. We know

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Speaker 1: what the war in Ukraine has meant for the Russian economy,

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Speaker 1: but we don't talk a lot about what's happening to

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Speaker 1: business in Ukraine unless it involves the huge spike in

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Speaker 1: wheat prices or other commodities we hear a lot about.

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Speaker 1: Coming up, We're gonna learn more about it from Morgan Williams,

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Speaker 1: President and CEO of the U S Ukraine Business Council.

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Speaker 1: We see headlines every day on major companies dropping their business,

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Speaker 1: cutting ties, divesting from Russia, Coca Cola, the Goldman Sachs,

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Speaker 1: a lot of companies those still are winding down business

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Speaker 1: or still have clients or customers to protect in Ukraine

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Speaker 1: and getting their people in or out has become a

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Speaker 1: major undertaking. Join us to joining us to talk more

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Speaker 1: about that and the impact overall that the war is

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Speaker 1: having on Ukrainian business in the economy. We welcome Morgan Williams,

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Speaker 1: the President and CEO of the US Ukraine Business Council. Morgan,

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Speaker 1: I have a lot of questions for you. I want

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Speaker 1: to start with with the most immediate, and that is,

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Speaker 1: of course, the security situation. How many business leaders are

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Speaker 1: working to get people in or out of the country

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Speaker 1: right now. And to what end are they going to

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Speaker 1: get it done? Well, here's number of international businesses that

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Speaker 1: have been in Ukraine for five years, including the United States.

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Speaker 1: The United States probably has a couple of hundred huge

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Speaker 1: businesses thoughts them in the Fortune five. They mostly employ

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Speaker 1: people in Ukraine, and so they're number one goal is

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Speaker 1: to protect their employees. Some of them have several thousand,

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Speaker 1: uh some of their top people have left Ukraine or

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Speaker 1: went to Western Ukrainm. But to safety of their employees

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Speaker 1: and some of their key assets big priority for them.

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Speaker 1: They've been working on it. Well, I'll tell you this

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Speaker 1: has become from what I understand, it's it's its own

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Speaker 1: cottage industry here. Security firms moving people around the world

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Speaker 1: are incredibly busy at the moment. Uh in Ukraine, is

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Speaker 1: it still possible to get in and out? Well, let's

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Speaker 1: uh yeah, there was still some planes going in and

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Speaker 1: in and out, but it's very difficult and people have

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Speaker 1: to get out to uh Western Uklaim in order to

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Speaker 1: get out, and most of them that wanted out of

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Speaker 1: already already left. So it's getting your worst every day. Boy,

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Speaker 1: the windows closing here obviously, Morgan, give us a sense

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Speaker 1: of what this means is for the Ukrainian economy. We

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Speaker 1: hear about commodity prices spiking, wheat in other commodities that

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Speaker 1: are at the heart of Ukraine's economy. Will there be

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Speaker 1: anything left? How long will it take to rebuild from this? Well,

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Speaker 1: we've got you know, President Pertain undertaking a horrible, unthinkable,

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Speaker 1: heartbreaking invasion with no justified reason. He's basically a dictator

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Speaker 1: out of control, and they're just destroying the infrastructure. They're

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Speaker 1: attacking businesses, they're attacking people and residents. So Ukraine has

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Speaker 1: a huge industry of agriculture, tourism and manufacturing, and it

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Speaker 1: seems like he's going after, uh, the destruction of the

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Speaker 1: whole country. How did business in Ukraine prepare for this? Was?

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Speaker 1: Were things shut down before beginner? Are they still trying

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Speaker 1: to operate? Well? There was, Most of them are still

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Speaker 1: trying to operate because, as I said, most of all

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Speaker 1: the people there that worked for all the US companies

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Speaker 1: are Ukrainian. And you know, they're producing food, they're doing

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Speaker 1: manufacturing and trying to keep the grocery stores open, to

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Speaker 1: keep the drug stores open. So they all been doing

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Speaker 1: everything possible to UH to keep this going, to support

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Speaker 1: the the heroic people of Ukraine. What is the government

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Speaker 1: here in the US need to do. It's not being

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Speaker 1: done already. We heard about relief money approved this week

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Speaker 1: by Congress. The President has been largely focused on cracking

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Speaker 1: down on the Russian economy. But is this just a

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Speaker 1: humanitarian story at this point, Morgan, or does more need

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Speaker 1: to be done? Well, there's more that the United States

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Speaker 1: could do, and there's a lot more that could have

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Speaker 1: done in advance of this. There's UH. Our military has

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Speaker 1: a lot of UH cybersecurity capacity that they could be using.

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Speaker 1: We need to provide airplanes to Ukraine. You've got to

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Speaker 1: ship in more anti tech missiles. UM. This guy doesn't

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Speaker 1: really care about the sanctions. He doesn't care about the

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Speaker 1: people of Russia. He wants to destroy Ukraine. He wants

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Speaker 1: to take Ukraine, and so the only way to stop

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Speaker 1: it right now UH is UH through military action. And

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Speaker 1: the Ukraine military needs a lot some more support from

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Speaker 1: the EU and UH and some of the United States.

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Speaker 1: So there's a lot more of the United States could do. Morgan.

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Speaker 1: I appreciate your insights today and spending some time with

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Speaker 1: us Morgan Williams, President CEO of the U s Ukraine

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Speaker 1: Business Council, as we reassemble the panel with Genie Schanzano

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Speaker 1: Bloomberg Politics contributor, Democratic Analysts and Shape and Phagas with

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Speaker 1: his Republican strategist, a founder of Lighthouse Public Affairs. What

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Speaker 1: do you make of that conversation, Genie, You know, it

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Speaker 1: sounds to me like obviously the an economy that's to

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Speaker 1: be in shambles for many years, but also a situation

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Speaker 1: in which the United States could find itself in a

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Speaker 1: position of providing billions more dollars in aid. We've barely

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Speaker 1: scratched the surface with the fourteen billion past this week.

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Speaker 1: That's right, that that is now looking like a drop

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Speaker 1: in the bucket. And it was fascinating to hear what

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Speaker 1: you and Morgan we're talking about, because to your point,

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Speaker 1: we seldom here about those businesses over there, and when

431
00:25:24,840 --> 00:25:27,400
Speaker 1: you asked him about, you know, the issue of preparation

432
00:25:27,840 --> 00:25:30,199
Speaker 1: in terms of going into this, I think one of

433
00:25:30,200 --> 00:25:33,320
Speaker 1: the astonishing things for me has been, you know, how

434
00:25:33,440 --> 00:25:36,959
Speaker 1: they were trying to prepare if they were to handle

435
00:25:37,119 --> 00:25:39,720
Speaker 1: the onslaught that the United States and much of NATO

436
00:25:39,800 --> 00:25:43,399
Speaker 1: was saying was about to happen, and in some cases

437
00:25:43,440 --> 00:25:45,400
Speaker 1: it looks like, you know, there was much more work

438
00:25:45,400 --> 00:25:47,760
Speaker 1: to be done on that area shaven. There were calls

439
00:25:47,960 --> 00:25:49,919
Speaker 1: by the U. S. State Department to get out of

440
00:25:50,000 --> 00:25:52,959
Speaker 1: Ukraine starting pretty early. They began with diplomats, families and

441
00:25:52,960 --> 00:25:55,359
Speaker 1: so forth. Did we wait too late to make the

442
00:25:55,680 --> 00:26:00,480
Speaker 1: full call for evacuation with Afghanistan? In our memories a

443
00:26:00,520 --> 00:26:03,800
Speaker 1: lot of people were calling for a more concerted airlift

444
00:26:03,960 --> 00:26:08,240
Speaker 1: at an earlier time. You know, I think, you know,

445
00:26:08,320 --> 00:26:11,200
Speaker 1: hindsight is so yes, I think we were we were

446
00:26:11,240 --> 00:26:14,600
Speaker 1: behind on that UM. But I think you know, when

447
00:26:14,600 --> 00:26:18,359
Speaker 1: you're dealing with a manman like Vladimir Putin, I mean,

448
00:26:18,400 --> 00:26:22,720
Speaker 1: it's very difficult to be able to help Ukraine without

449
00:26:22,760 --> 00:26:25,600
Speaker 1: actually setting off World War three. So we are sort

450
00:26:25,600 --> 00:26:26,960
Speaker 1: of you know, as much as I want to bash

451
00:26:27,000 --> 00:26:29,160
Speaker 1: President Biden for everything he does, he's sort of boxed

452
00:26:29,160 --> 00:26:32,280
Speaker 1: into a quarter here on how much we can do

453
00:26:32,960 --> 00:26:34,879
Speaker 1: on our own. I mean, I think NATO needs to

454
00:26:35,119 --> 00:26:37,920
Speaker 1: maybe step up a little bit. Maybe maybe America can

455
00:26:38,000 --> 00:26:41,600
Speaker 1: help out via NATO. UM. But you know, Putin has

456
00:26:41,600 --> 00:26:44,639
Speaker 1: made it very clear that you know, any small step

457
00:26:45,040 --> 00:26:47,119
Speaker 1: that we might take, he's going to take as an

458
00:26:47,119 --> 00:26:50,680
Speaker 1: active war. Um. I will you know, I will say

459
00:26:50,720 --> 00:26:53,959
Speaker 1: I think I think the timing is is no coincidence.

460
00:26:54,000 --> 00:26:57,040
Speaker 1: I think they waited for you know, uh, you know

461
00:26:57,080 --> 00:27:01,479
Speaker 1: a president who who maybe wasn't as you know, bluster

462
00:27:01,600 --> 00:27:03,879
Speaker 1: us when it comes to this sort of thing, um

463
00:27:04,000 --> 00:27:06,840
Speaker 1: to be our leader. But um, you know we're sort

464
00:27:06,880 --> 00:27:08,560
Speaker 1: of in this situation now where we have to get

465
00:27:08,800 --> 00:27:11,720
Speaker 1: we have to help the people of Ukraine. I mean,

466
00:27:11,800 --> 00:27:13,399
Speaker 1: we have to, but you know, how do you do

467
00:27:13,440 --> 00:27:16,239
Speaker 1: it without starting War three? They were Yard Chapin and

468
00:27:16,320 --> 00:27:19,159
Speaker 1: Jeannie will keep the panel with us. Next on sound on,

469
00:27:19,359 --> 00:27:24,760
Speaker 1: I'm Joe Matthew. This is Bloomberg. This is Bloomberg. So

470
00:27:25,119 --> 00:27:31,520
Speaker 1: on with Joe Matthew on Bloomberg Radio. Well, so much

471
00:27:31,560 --> 00:27:35,440
Speaker 1: for the talks. Another attempt at negotiations between Ukraine and Russia,

472
00:27:35,520 --> 00:27:39,960
Speaker 1: if only for appearances, failed to make progress, which may

473
00:27:39,960 --> 00:27:42,240
Speaker 1: not come as a surprise to you, even after Vladimir

474
00:27:42,240 --> 00:27:44,359
Speaker 1: Prutin said he was hearing good things. And we know

475
00:27:44,440 --> 00:27:48,760
Speaker 1: this because Bloomberg spoke today exclusively with Ukrainian Foreign Minister

476
00:27:48,880 --> 00:27:53,280
Speaker 1: Dimitro Kuleba. He tells Washington correspondent and Marie Hordern that

477
00:27:53,440 --> 00:27:56,840
Speaker 1: nothing has changed here. He is. Yesterday I met with

478
00:27:57,040 --> 00:28:01,119
Speaker 1: Russian for the minister lavrow uh In. Yeah, this meeting

479
00:28:01,240 --> 00:28:04,360
Speaker 1: was facilitated by the Turkish foreign Minister. We spent an

480
00:28:04,359 --> 00:28:08,920
Speaker 1: hour and a half and there was zero progress in talks.

481
00:28:08,920 --> 00:28:11,000
Speaker 1: So it's hard for me to understand what kind of

482
00:28:11,119 --> 00:28:15,800
Speaker 1: progress present Putting is referring to. That's after ninety minutes

483
00:28:16,440 --> 00:28:20,520
Speaker 1: with Sergei Lavrov. Ninety minutes with Sergey it sounds like

484
00:28:20,520 --> 00:28:23,879
Speaker 1: a TV movie. As we reassemble the panel, Jeanie Schanzano

485
00:28:25,840 --> 00:28:28,679
Speaker 1: and Chape and Phase with US Republican strategists. Chapin, what

486
00:28:28,720 --> 00:28:33,720
Speaker 1: do you make of the whole disinformation campaign the way

487
00:28:33,760 --> 00:28:37,120
Speaker 1: the administration has been handling it. As soon as intelligence

488
00:28:37,119 --> 00:28:40,680
Speaker 1: has gathered, it is released. It's been seen as a deterrent.

489
00:28:42,760 --> 00:28:47,239
Speaker 1: What is it working. Well, it's hard to tell if

490
00:28:47,240 --> 00:28:50,240
Speaker 1: it's working because there's information, there's this information, and in

491
00:28:50,320 --> 00:28:55,920
Speaker 1: this day of seven social media and you know, communications

492
00:28:55,960 --> 00:28:58,160
Speaker 1: around the clock, I mean, it has always been hard

493
00:28:58,200 --> 00:29:01,320
Speaker 1: to sift through what's what is, what is true, and

494
00:29:01,320 --> 00:29:04,640
Speaker 1: what is not. I mean we saw that during the pandemic,

495
00:29:05,080 --> 00:29:08,200
Speaker 1: where you had just you know, uh search for a

496
00:29:08,200 --> 00:29:10,720
Speaker 1: while to find out what was really going on. UM,

497
00:29:10,720 --> 00:29:13,560
Speaker 1: but I do think it's a very good strategy to

498
00:29:13,880 --> 00:29:16,200
Speaker 1: you know, put out the you know, the intelligence as

499
00:29:16,240 --> 00:29:17,960
Speaker 1: soon as they get it. I mean, I think it,

500
00:29:18,160 --> 00:29:21,040
Speaker 1: I think it. It is likely to succeed. I can't

501
00:29:21,040 --> 00:29:24,240
Speaker 1: say for sure if it's succeeding currently. Yeah, Gennie, We've

502
00:29:24,240 --> 00:29:27,120
Speaker 1: talked about this, and it's interesting to see it on

503
00:29:27,160 --> 00:29:30,719
Speaker 1: both sides. Putin today suggesting that there's progress suddenly in talks,

504
00:29:31,520 --> 00:29:33,520
Speaker 1: is that part of some kind of a set up here,

505
00:29:33,600 --> 00:29:37,240
Speaker 1: acting optimistic only to be let down by whatever false

506
00:29:37,280 --> 00:29:41,040
Speaker 1: flag operation he's about to let go. It seems to be.

507
00:29:41,200 --> 00:29:44,520
Speaker 1: And what was fascinating is that the markets people seem

508
00:29:44,600 --> 00:29:47,440
Speaker 1: to take that, to take Putin's word, as you know,

509
00:29:47,480 --> 00:29:52,280
Speaker 1: potentially a positive sign until Anne Marie's absolutely amazing interview

510
00:29:52,360 --> 00:29:55,000
Speaker 1: in which we heard that there was no progress whatsoever,

511
00:29:55,040 --> 00:29:58,280
Speaker 1: in fact, quite the opposite, and that people started to

512
00:29:58,280 --> 00:30:00,360
Speaker 1: react to that as well. And you know, I think

513
00:30:00,400 --> 00:30:02,959
Speaker 1: it again speaks to the fact that with Vladimir Putin,

514
00:30:03,040 --> 00:30:05,560
Speaker 1: you really cannot listen to what he says. Here's a

515
00:30:05,560 --> 00:30:08,440
Speaker 1: man who said, right up until they entered Ukraine, they

516
00:30:08,480 --> 00:30:10,400
Speaker 1: were going to enter Ukraine and then he entered. And

517
00:30:10,640 --> 00:30:12,680
Speaker 1: so now to say that you know, they're making progress

518
00:30:12,680 --> 00:30:15,160
Speaker 1: on talks, I think we have to be very circumspect

519
00:30:15,360 --> 00:30:19,000
Speaker 1: about feeling some kind of positive, you know, reaction to that,

520
00:30:19,080 --> 00:30:21,680
Speaker 1: because of course it's probably not the case, and that's

521
00:30:21,720 --> 00:30:23,640
Speaker 1: what it's turned out to be. What are we gonna

522
00:30:23,800 --> 00:30:26,520
Speaker 1: be looking for this weekend, Ginnie? We've gone into a

523
00:30:26,520 --> 00:30:28,920
Speaker 1: couple of weekends now wondering if, for instance, this is

524
00:30:28,960 --> 00:30:32,240
Speaker 1: going to be the fall of Kiev. Uh. The Ukrainians

525
00:30:32,280 --> 00:30:35,480
Speaker 1: have done an incredible job holding off Russian forces, but

526
00:30:35,520 --> 00:30:38,240
Speaker 1: this is likely not going to go on UH forever.

527
00:30:38,640 --> 00:30:42,280
Speaker 1: We've seen the direct shelling of civilian areas and some

528
00:30:42,360 --> 00:30:44,880
Speaker 1: pretty tough stuff here. If Vladimir Putin is breaking up

529
00:30:44,880 --> 00:30:48,200
Speaker 1: this column as we understand north of Kiev, are you

530
00:30:48,440 --> 00:30:52,320
Speaker 1: preparing for? Should the White House be preparing people for

531
00:30:52,160 --> 00:30:55,880
Speaker 1: h for a real assault on on these downtown areas?

532
00:30:55,920 --> 00:30:58,760
Speaker 1: It should, and you know, the White House, I think

533
00:30:58,760 --> 00:31:01,800
Speaker 1: has been trying to do that. They have to do that, um,

534
00:31:01,840 --> 00:31:04,000
Speaker 1: and I think you have to prepare people for what's

535
00:31:04,040 --> 00:31:06,360
Speaker 1: likely going to be a lot of carnage over this weekend.

536
00:31:06,360 --> 00:31:09,120
Speaker 1: And the pictures and the videos which have been absolutely astounding.

537
00:31:09,440 --> 00:31:11,680
Speaker 1: You know, the the White House spent some time talking

538
00:31:11,720 --> 00:31:14,560
Speaker 1: to TikTokers over the last few days. This is where

539
00:31:14,600 --> 00:31:17,720
Speaker 1: most people that I teach, most young people across the world,

540
00:31:17,760 --> 00:31:20,200
Speaker 1: including in Russia, are getting their news. That's why the

541
00:31:20,200 --> 00:31:23,200
Speaker 1: White House is investing time there. And you can turn

542
00:31:23,240 --> 00:31:25,240
Speaker 1: on TikTok or any of these other apps. I don't

543
00:31:25,240 --> 00:31:26,760
Speaker 1: think you turn it on, that's how old I am.

544
00:31:26,800 --> 00:31:29,120
Speaker 1: But you can go into it and you we can

545
00:31:29,160 --> 00:31:32,800
Speaker 1: all see these devastating pictures live, and so the White

546
00:31:32,800 --> 00:31:35,960
Speaker 1: House does have to prepare for the real reality that

547
00:31:36,040 --> 00:31:38,160
Speaker 1: this could be the fall of Kiev in the next

548
00:31:38,240 --> 00:31:41,560
Speaker 1: few days. Hopefully the Ukrainians can hold on well if

549
00:31:41,560 --> 00:31:43,560
Speaker 1: we're gonna be covering this for you throughout the weekend,

550
00:31:43,680 --> 00:31:46,440
Speaker 1: so stay with Bloomberg News keep your eyes on the terminal.

551
00:31:46,480 --> 00:31:49,040
Speaker 1: Of course, this is a story that we've got several

552
00:31:49,080 --> 00:31:51,680
Speaker 1: angles on from around the world, including here in Washington,

553
00:31:51,760 --> 00:31:54,240
Speaker 1: d C. As we speak with the panel on a

554
00:31:54,280 --> 00:31:57,080
Speaker 1: Friday edition of Sound On. Jeannie Chanzano is here along

555
00:31:57,080 --> 00:31:59,440
Speaker 1: with Chape and Faye. And a big event to be

556
00:31:59,520 --> 00:32:01,760
Speaker 1: looking for or two next week. That's the Federal Reserve

557
00:32:01,840 --> 00:32:04,840
Speaker 1: meeting shape and it brings inflation back to the four.

558
00:32:04,920 --> 00:32:06,880
Speaker 1: We understand that there's going to be an interest rate cut.

559
00:32:06,880 --> 00:32:09,760
Speaker 1: We already heard this from j. Powell repeatedly as he

560
00:32:09,800 --> 00:32:13,000
Speaker 1: tried to telegraph a quarter point cut. But in terms

561
00:32:13,080 --> 00:32:17,360
Speaker 1: of the consciousness here in Washington, just seeing that headline

562
00:32:17,960 --> 00:32:20,440
Speaker 1: is going to bring inflation back into the conversation. We

563
00:32:20,480 --> 00:32:25,360
Speaker 1: saw the cp I hit another difficult level this week,

564
00:32:25,400 --> 00:32:28,719
Speaker 1: even though it was within expectations. Still, just seeing the

565
00:32:28,800 --> 00:32:32,840
Speaker 1: print sometimes feels different than than when you talk about

566
00:32:32,840 --> 00:32:34,960
Speaker 1: it coming. What's that going to do to the political

567
00:32:35,000 --> 00:32:38,280
Speaker 1: conversation next week? Is the Federal Reserve brings its first

568
00:32:38,320 --> 00:32:41,720
Speaker 1: interest rate hike since COVID Well, I think it's just

569
00:32:41,760 --> 00:32:44,160
Speaker 1: going to continue it and elevate it. I mean, it's

570
00:32:44,200 --> 00:32:47,360
Speaker 1: what Republicans are gonna be talking about. It's what people

571
00:32:47,480 --> 00:32:49,320
Speaker 1: are talking about on the ground. I mean, it's not

572
00:32:49,400 --> 00:32:52,000
Speaker 1: just a political issue. It's an issue for everyday Americans

573
00:32:52,040 --> 00:32:54,440
Speaker 1: as they go fill their gas tanks up with gas

574
00:32:54,520 --> 00:32:57,040
Speaker 1: or go try and buy meeting fish that you know,

575
00:32:57,280 --> 00:32:59,800
Speaker 1: those costs are spiling out of control. I mean, it's

576
00:32:59,800 --> 00:33:03,520
Speaker 1: a real problem. And whether you know the president or

577
00:33:03,560 --> 00:33:07,280
Speaker 1: the government has any real impact on being able to

578
00:33:07,400 --> 00:33:12,200
Speaker 1: address inflation, quickly or long term is irrelevant almost to

579
00:33:12,560 --> 00:33:16,720
Speaker 1: the political conversation, because if if inflation and the economy

580
00:33:16,760 --> 00:33:19,080
Speaker 1: continues the way it's going, I mean, the red wave

581
00:33:19,200 --> 00:33:21,360
Speaker 1: is going to be uh, you know, a blood bath

582
00:33:21,400 --> 00:33:24,720
Speaker 1: in November. So I think all of the all of

583
00:33:24,760 --> 00:33:27,560
Speaker 1: washing and d C right now should be trying to

584
00:33:28,200 --> 00:33:31,040
Speaker 1: fix this, not only because it's an actual problem, but

585
00:33:31,080 --> 00:33:33,120
Speaker 1: also because it's it's it's one, you know, it's a

586
00:33:33,240 --> 00:33:36,600
Speaker 1: very big political problem. People are going to throw out

587
00:33:36,720 --> 00:33:38,800
Speaker 1: the party in you know, the the incumbents of the

588
00:33:38,800 --> 00:33:41,880
Speaker 1: people in office, and that's gonna affect Democrats very badly. Gee.

589
00:33:41,880 --> 00:33:44,320
Speaker 1: The White House has started calling this the Putin price hike,

590
00:33:45,160 --> 00:33:48,120
Speaker 1: more specifically the energy but we're hearing this kind of

591
00:33:48,160 --> 00:33:50,479
Speaker 1: Putin you know, the war in Ukraine is is in

592
00:33:50,560 --> 00:33:52,840
Speaker 1: fact the reason why commodity prices are going up. You

593
00:33:52,840 --> 00:33:55,160
Speaker 1: cannot argue with that, but they were going way up

594
00:33:55,200 --> 00:33:57,800
Speaker 1: before the war started. Of course, is that a smart

595
00:33:57,880 --> 00:34:02,640
Speaker 1: line for the administration to politically? It is smart, and

596
00:34:02,640 --> 00:34:05,080
Speaker 1: we're going to hear much more of this. It's Putin's war,

597
00:34:05,160 --> 00:34:08,160
Speaker 1: it's Putin's inflation, it's Putin's gas prices. Everything is going

598
00:34:08,160 --> 00:34:11,080
Speaker 1: to be blamed on Putin and the Republicans are going

599
00:34:11,120 --> 00:34:13,279
Speaker 1: to have to work hard to counter that message. And

600
00:34:13,280 --> 00:34:15,680
Speaker 1: I'm sure they're going to do that, because, as Japan

601
00:34:15,800 --> 00:34:18,239
Speaker 1: was just talking about, in normal circumstances, this kind of

602
00:34:18,280 --> 00:34:22,360
Speaker 1: inflation would devastate the party in charge. And the angle

603
00:34:22,440 --> 00:34:24,320
Speaker 1: the White House and the Democrats seem to be taking

604
00:34:24,320 --> 00:34:26,799
Speaker 1: in the last few days or moving to, is the

605
00:34:26,840 --> 00:34:29,160
Speaker 1: idea that we are not at fault. We're going to

606
00:34:29,239 --> 00:34:33,080
Speaker 1: triangulate this thing, and it's Putin's problem, and we should

607
00:34:33,080 --> 00:34:35,160
Speaker 1: look at you know, and we should look at you know,

608
00:34:35,239 --> 00:34:37,640
Speaker 1: the numbers as you look at the polls just after

609
00:34:37,680 --> 00:34:40,839
Speaker 1: the State of the Union, Biden's numbers have been ticking up.

610
00:34:40,920 --> 00:34:45,640
Speaker 1: So Democrats feel a mild, very mild optimism. We're a

611
00:34:45,680 --> 00:34:47,600
Speaker 1: long way off from the mid term, but they're feeling

612
00:34:47,640 --> 00:34:49,960
Speaker 1: like this could be a message that works. Is the

613
00:34:50,000 --> 00:34:52,879
Speaker 1: Putin price hiker better slogan for Dems this year than

614
00:34:52,880 --> 00:34:56,239
Speaker 1: build back better? I think it is. And you know,

615
00:34:56,280 --> 00:34:58,800
Speaker 1: it's it on reliable fact that it's certainly having an effect.

616
00:34:59,040 --> 00:35:01,319
Speaker 1: How big an effect them, Sure, we'll litigate over the

617
00:35:01,360 --> 00:35:04,640
Speaker 1: next couple of months, but um, it's certainly it's certainly

618
00:35:04,640 --> 00:35:08,719
Speaker 1: a factor. Um and again, you know, eight months in

619
00:35:08,800 --> 00:35:13,359
Speaker 1: politics as a lifetime. So if inflation and the economy, uh,

620
00:35:13,400 --> 00:35:16,120
Speaker 1: and you know, the war in Europe start to come

621
00:35:16,200 --> 00:35:21,160
Speaker 1: under control, then the fortunes for Democrats may change. Something else,

622
00:35:21,200 --> 00:35:23,680
Speaker 1: of course, comes into the conversation. We start talking about

623
00:35:23,680 --> 00:35:26,520
Speaker 1: the Federal Reserve, Genie, and that's all these empty seats. Uh.

624
00:35:26,680 --> 00:35:30,320
Speaker 1: We still haven't had a vote on the president's nominees,

625
00:35:30,360 --> 00:35:35,000
Speaker 1: including the chair the renomination of J. Powell. I don't

626
00:35:35,000 --> 00:35:37,759
Speaker 1: really understand the strategy here unless this is just you know,

627
00:35:37,840 --> 00:35:41,560
Speaker 1: letting letting the clock run out until Sarah Bloom Raskin

628
00:35:41,680 --> 00:35:45,760
Speaker 1: withdraws her nomination. I've suggested this to a few people

629
00:35:45,760 --> 00:35:48,399
Speaker 1: on the program before. Is that the actual aim here

630
00:35:48,480 --> 00:35:52,400
Speaker 1: for Republicans as opposed to just voting no this This

631
00:35:52,440 --> 00:35:54,680
Speaker 1: has been astonishing from start to finish to me, as

632
00:35:54,760 --> 00:35:58,160
Speaker 1: we've talked about, the nominations took forever, they finally get

633
00:35:58,160 --> 00:36:00,759
Speaker 1: their their hearings, and then we have this hold up

634
00:36:00,800 --> 00:36:04,000
Speaker 1: by the Republicans. Um. You know, at this point, given

635
00:36:04,040 --> 00:36:06,799
Speaker 1: where we are with inflation in this country and the

636
00:36:06,840 --> 00:36:10,680
Speaker 1: need for serious action by serious people in Washington, particularly

637
00:36:10,719 --> 00:36:14,440
Speaker 1: the FED, it seems to me that you know, If

638
00:36:14,480 --> 00:36:17,360
Speaker 1: Sarah Blumraskin is holding this up, the White House should

639
00:36:17,360 --> 00:36:20,239
Speaker 1: consider separating her from the other four. Let them go

640
00:36:20,320 --> 00:36:23,400
Speaker 1: through legend back after that, there's no turning back after that.

641
00:36:23,480 --> 00:36:26,440
Speaker 1: I think she is a great nominee, but one person

642
00:36:26,480 --> 00:36:29,160
Speaker 1: should not be holding up all five of these people

643
00:36:29,200 --> 00:36:31,799
Speaker 1: getting through for the sake of the country and and

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Speaker 1: the inflation that we're facing right now Japan. Wouldn't it

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Speaker 1: behoove Republicans to show up for work and vote now? Well,

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Speaker 1: woul always be moved in the show to show up

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Speaker 1: for work. Um, you know, I I don't know that

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Speaker 1: there's usta of boycotting the hearing to no end, I mean, yeah, no,

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Speaker 1: I I agree. I mean with that. UM, I think that, um,

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Speaker 1: you know that something needs to something needs to move,

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Speaker 1: and I think the Republicans, um. But but the Republicans

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Speaker 1: are going to get you know, tarred with UM. You know,

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Speaker 1: you can't hold things up forever and just hope and pray,

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Speaker 1: you know that elections go well for you for the

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Speaker 1: next time months. Like I said, you know, that's a

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Speaker 1: long time. And you know, if if the Biden administration

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Speaker 1: and uh, you know, Putin's price increase, uh works Republican

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Speaker 1: you know, might come back on Republicans. So they need

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Speaker 1: to be they need to be looking like they're doing

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Speaker 1: they have a positive solution to the inflation and economic issues,

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Speaker 1: and you know, boycotting hearings, I I personally don't don't

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Speaker 1: think looks like a positive solution. Genie Chanzano, I appreciate

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Speaker 1: the insights from both of you our panel on this

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Speaker 1: Friday on Sound On, you wonder why people don't want

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Speaker 1: to go along into the weekend marches Women's History Month.

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Speaker 1: We get our daily installment right now from Nidia. On

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Speaker 1: this day in Women's History. In two thousand six, Michelle

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Speaker 1: Bachelette is sworn in as Chile's first female president. She's

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Speaker 1: a lifelong socialist, former political exile, and ex prisoner of

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Speaker 1: the military dictatorship. Her rise highlighted a cultural shift in

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Speaker 1: a mostly Roman Catholic country that was long regarded as

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Speaker 1: among the most conservative in Latin America. It was also

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Speaker 1: a nation where at the time divorce was only recently

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Speaker 1: legalized and abortion was still illegal. At the time, women

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Speaker 1: were also often earning as much as forty percent less

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Speaker 1: than men with similar jobs. By contrast, especially, it was

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Speaker 1: an agnostic and a single mother of three, she was

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Speaker 1: also the first popularly elected South American female president whose

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Speaker 1: political career was established independently of a husband. She served

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Speaker 1: two separate terms as president of Chile. That's today in

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Speaker 1: women's history. I'm Nita Young, Bloomberg Radio. Thanks for Nita,

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Speaker 1: Meet you back your Monday, the fastest hour in politics.

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Speaker 1: This is Bloomberg