Speaker 1: Bloomberg Audio Studios, podcasts, radio.
Speaker 2: News, Kamala Harris outraising Donald Trump by nearly five to
Speaker 2: one among big donors in the final stages of the campaign.
Speaker 2: One wealthy individual supporting Harris is Mark Cuban, the minority
Speaker 2: owner of the Dallas Mavericks. And I'm pleased to say
Speaker 2: that Mark joined us now. Mark, welcome to the program.
Speaker 2: We spoke to a Trump campaign advisor a little bit
Speaker 2: earlier this morning, and I want to start with you
Speaker 2: in a similar way that I started with him, which
Speaker 2: is basically, I'm waking up this morning. I'm a swing
Speaker 2: state voter. I'm in Pennsylvania State, and I still haven't
Speaker 2: decided who I'm going to vote for. And I'm thinking
Speaker 2: back to how Harris talked about in twenty nineteen that
Speaker 2: she wanted to banfracking. I understand she's changed her mind,
Speaker 2: but I'm worried that she's a bit of a shape shift,
Speaker 2: that she gets back into power and she'll change her
Speaker 2: mind again. How do you settle those concerns?
Speaker 1: The world's changed since twenty nineteen.
Speaker 3: She's open minded, She's talked openly about the fact that
Speaker 3: she wants to given descending opinions A place at the
Speaker 3: table with her. She's not dogmatic, That's how you explain it,
Speaker 3: and she's looking to put together the best policy. She
Speaker 3: said in twenty twenty that she supported fracking, So I
Speaker 3: think that's a non issue.
Speaker 1: And in terms of you know, is she just an
Speaker 1: extension of Biden?
Speaker 3: Just look at Biden's budget proposal versus what Kamala Harris
Speaker 3: is actually proposed.
Speaker 1: Biden wanted much higher taxes.
Speaker 3: Kamala Harris came in twenty eight percent for tax rate
Speaker 3: for cap gains and twenty eight percent for corporation and
Speaker 3: did not say a word and will not say a word.
Speaker 1: About unrealized capital gains.
Speaker 3: And so I think she's completely different. She's not a
Speaker 3: shape shift in the least bit.
Speaker 4: Well, that individual we were speaking to, Scott Bessant, this
Speaker 4: key economic policy advisor to the Trump campaign, says that Harris,
Speaker 4: what he hears from a lot of Wall Street journals,
Speaker 4: that she would be moderated by a Republican Senate and
Speaker 4: that's why Wallstreet would be willing to vote for her,
Speaker 4: because of that moderating effect that she would get from
Speaker 4: a red Senate. Is there any truth to that?
Speaker 3: Yeah, of course, I mean, balance is not a bad
Speaker 3: thing necessarily. I'm not opposed to a divide in Congress,
Speaker 3: you know. But theom line is what will Kamala Harris do?
Speaker 3: And I think she's better for the economy in so
Speaker 3: many ways. You know, there's three hundred and thirty five
Speaker 3: million people in this country. Four million make four hundred
Speaker 3: thousand dollars or more.
Speaker 1: The other three hundred and thirty million make less.
Speaker 3: Is she has been very specific that if you make
Speaker 3: four hundred thousand dollars or less, your taxes aren't going up.
Speaker 3: In fact, for one hundred million people, they're going down.
Speaker 3: The other big expense that every household is fearful of
Speaker 3: is healthcare expenses. Donald Trump has said he has a
Speaker 3: concept of a plan. Kamala Harris has been very specific
Speaker 3: on the pharmaceutical side, saying she's going after the pharmacy benefit.
Speaker 1: Managers, the middlemen, and she'll introduce transparency.
Speaker 3: I know from my own personal experiences with costplus drugs
Speaker 3: that'll lead to a twenty thirty percent or more deduction
Speaker 3: in the cost of medications for households and businesses.
Speaker 1: And then you've got teriffs.
Speaker 3: As Michael I think it was said earlier, tariffs are
Speaker 3: a bad idea.
Speaker 4: I mean, it's so bad, then why did Biden and
Speaker 4: Kamala Harris keep them?
Speaker 1: They keep good. Trouble about that, right, because that's not
Speaker 1: completely that's not completely accurate. First look at the EU.
Speaker 3: They Biden side the deal saying that there would be
Speaker 3: no terriffs between the two EU and.
Speaker 1: The United States for the next five years.
Speaker 3: So those terraffs are gone. And then you look at
Speaker 3: what Trump tried to introduce. He had four years to
Speaker 3: try to implement teriffs at work, and he got his
Speaker 3: butt kicked by China.
Speaker 1: The retaliatory terriffs almost destroyed the soybean in the farming
Speaker 1: industry and he had to pay out twenty million dollars.
Speaker 3: But as it applies to households, right, he's talking about
Speaker 3: a sixty percent across the board terraffs for Chinese imports.
Speaker 1: China makes just about every.
Speaker 3: Christmas present that we buy for a kid, so families
Speaker 3: would be looking at a sixty percent or more increase
Speaker 3: and what they'd spend on Christmas, and the downstream impact
Speaker 3: of that would be significant to small and large businesses.
Speaker 4: Mark, let's talk about something you've been very vocal on.
Speaker 4: This is regulation You've said that you don't think Harry
Speaker 4: should keep Lena Khan at the head of the FTC.
Speaker 4: On and Alexandro Cassio Cortes, the congresswoman from New York,
Speaker 4: went to Twitter and she said, billionaires like you Mark
Speaker 4: are trying to play foot seat with the ticket. If
Speaker 4: anyone goes near Lena kh there will be quote an
Speaker 4: out and out brawl. Where is Harris when it comes
Speaker 4: to things like the FTC.
Speaker 1: I don't know. I haven't talked about personnel with her
Speaker 1: or her team. I have no intention about talking about personnel.
Speaker 1: You know. I was asking a question.
Speaker 3: About what I thought about the FTC, and I thought that,
Speaker 3: you know, the possibility of breaking up the big technology
Speaker 3: companies would be a negative because I think, you know,
Speaker 3: winning the AI battle for the United States is paramount
Speaker 3: from military in and economic perspective. So I voiced my opinion.
Speaker 3: But I'm not involved in those conversations at all.
Speaker 5: But it really raises this ultimate question, which is what
Speaker 5: policies will she follow. She's been engaging with AOC quite
Speaker 5: a bit in terms of the campaign trail, and there's
Speaker 5: a real question of how much there will be an
Speaker 5: effort to cater to the further left sides of the
Speaker 5: Democratic wing versus the sort of centrist appeal that she's
Speaker 5: been trying to have. How much are you actually getting
Speaker 5: confidence that she's going to have business executives in abent
Speaker 5: positions in top areas where she really is listening to
Speaker 5: what they have to say.
Speaker 1: I talk to her campaign almost every day. I'm one
Speaker 1: hundred percent certain. I'm much as confident. I'm certain that
Speaker 1: that's what they're going to do.
Speaker 3: I've been on the trail with Doug Amhoff, who, as
Speaker 3: part of his presentation, talks.
Speaker 1: About what a capitalist she is.
Speaker 3: She's talked about, you know, wanting to create twenty five
Speaker 3: million new businesses.
Speaker 1: That's not a reflection of anything far left.
Speaker 3: One of the first things she did was introduce a
Speaker 3: tax deduction or increase the tax deduction for startup cost
Speaker 3: to fifty thousand dollars.
Speaker 1: That's very important.
Speaker 3: She recognizes that if the thirty three million companies in
Speaker 3: this country, ninety nine percent are passed through, ninety nine
Speaker 3: percent are.
Speaker 1: Run by people making four hundred k or less.
Speaker 3: Those small businesses are what drive the economy. They create
Speaker 3: most of the new jobs every single year. So she's
Speaker 3: focused on an opportunity economy.
Speaker 1: I don't think she can be any more clear.
Speaker 5: Mark, do you think that this campaign for Kamala Harris
Speaker 5: could have done more to reach out to the mail voter.
Speaker 5: This seems to be an election that is unique in
Speaker 5: just how bifurcated the male and the female vote really
Speaker 5: has been. There were some questions around Joe Rogan and
Speaker 5: how to appeal to the male vote and how to
Speaker 5: really bring the genders together. What's your take on this
Speaker 5: campaign's approach to that.
Speaker 1: I think it was very data driven.
Speaker 3: I mean, women have a high propensity of voting, and
Speaker 3: you know, with all with reproductive rights and other issues
Speaker 3: that were geared towards women, I think she did a
Speaker 3: great job of connecting to them.
Speaker 1: You know, maybe she didn't.
Speaker 3: She didn't do everything she could have with men, but
Speaker 3: that's okay because she went to.
Speaker 1: The people who are going to vote more.
Speaker 3: You go, you know, as a business person, you go
Speaker 3: to the people you have the best opportunity to sell to,
Speaker 3: who's going to buy your product.
Speaker 1: Who's going to vote for you.
Speaker 3: In this particular case, and the fact that she's only
Speaker 3: been in the race fourteen weeks and she's caught up
Speaker 3: completely and now I believe pastor and will win today.
Speaker 1: I think she's done the exact right thing, Mack.
Speaker 2: Speaking of business and product, there's a famous squad from
Speaker 2: Michael Jordan, which I'm sure you know well. Republicans by
Speaker 2: snake is too and raised the question about you, and
Speaker 2: I wanted to ask you about this from man who's
Speaker 2: got a line of businesses, why was this important to
Speaker 2: you to put your name and reputation on the line
Speaker 2: and really get deep into politics when ultimately Republicans by
Speaker 2: sneakers too.
Speaker 1: So I'm not going to get deep into politics, but
Speaker 1: I think this. You know, this is a close election
Speaker 1: for a reason, and I think.
Speaker 3: Kamala Harris will be the best president and is a
Speaker 3: better choice than Donald Trump.
Speaker 1: It's that simple. I mean, I love this country. I'm
Speaker 1: in this position because of everything this country has given me.
Speaker 3: I'm blessed, and I thought, you know, I truly believe
Speaker 3: that she will be the better president for the United
Speaker 3: States of America and that's the only reason I'm doing this.
Speaker 2: Well, thanks for sharing your time with this this morning.
Speaker 2: We appreciate it, Mark, and hopefully we can can't sha
Speaker 2: up against soon. Mark Cuban that on the latest campaign
Speaker 2: effort from the Harris Campaign