1 00:00:00,040 --> 00:00:02,720 Speaker 1: President Biden lives down from the East Room of the 2 00:00:02,720 --> 00:00:05,280 Speaker 1: White House. I'm Joe Matthew in Washington. Thanks for being 3 00:00:05,320 --> 00:00:08,879 Speaker 1: with us on Bloomberg Radio. As we just listened to 4 00:00:09,000 --> 00:00:12,600 Speaker 1: the day after news conference. As promised by President Biden, 5 00:00:12,640 --> 00:00:15,880 Speaker 1: he did not make any major announcements. Did did weigh 6 00:00:15,880 --> 00:00:17,880 Speaker 1: in though, on what was a better night at least 7 00:00:17,920 --> 00:00:20,639 Speaker 1: than expected for Democrats. Well, we don't know all the 8 00:00:20,680 --> 00:00:23,160 Speaker 1: results yet. At least I don't know them all yet. 9 00:00:23,720 --> 00:00:26,639 Speaker 1: Here's what we do know. While the press and the 10 00:00:26,720 --> 00:00:30,800 Speaker 1: pundits are predicting a giant red wave, it didn't happen. 11 00:00:31,880 --> 00:00:36,640 Speaker 1: And I know you were somewhat missed by my my 12 00:00:37,080 --> 00:00:41,800 Speaker 1: obsessing optimism. But uh, I felt good during the whole process. 13 00:00:42,280 --> 00:00:44,000 Speaker 1: I thought we were going to do fine. While any 14 00:00:44,040 --> 00:00:47,560 Speaker 1: seat lost is painful, some good Democrats didn't win the 15 00:00:47,720 --> 00:00:51,440 Speaker 1: last night. Democrats had a strong night, and we lost 16 00:00:51,479 --> 00:00:54,639 Speaker 1: fewer seats in the House Representatives than any Democratic president's 17 00:00:54,640 --> 00:00:57,120 Speaker 1: first mid term election the last forty years. Part of 18 00:00:57,160 --> 00:00:59,600 Speaker 1: his opening remarks, he did acknowledge some of the challenges 19 00:01:00,040 --> 00:01:02,880 Speaker 1: faced as well, but the voters were also clear that 20 00:01:03,000 --> 00:01:06,959 Speaker 1: they are still frustrated. I get it, I understand it's 21 00:01:07,000 --> 00:01:09,560 Speaker 1: been a really tough few years in this country for 22 00:01:09,680 --> 00:01:12,759 Speaker 1: so many people. Bring in our panel, Rick and Genie 23 00:01:12,840 --> 00:01:16,000 Speaker 1: or with us Rick Davis and Jennie Chanzano Bloomberg Politics 24 00:01:16,000 --> 00:01:20,040 Speaker 1: contributors as we get Bloomberg sound on off and running 25 00:01:20,040 --> 00:01:21,640 Speaker 1: a little bit differently this evening. You want to start 26 00:01:21,640 --> 00:01:23,360 Speaker 1: with the panel having heard from the president. Now we 27 00:01:23,400 --> 00:01:25,760 Speaker 1: waited for for a little bit of time he gave 28 00:01:25,840 --> 00:01:28,880 Speaker 1: us what was that about forty minutes? I guess a 29 00:01:28,959 --> 00:01:30,680 Speaker 1: number of questions. Maybe he was a little bit more 30 00:01:30,720 --> 00:01:33,800 Speaker 1: than that. He started about twenty minutes late here as 31 00:01:33,840 --> 00:01:38,479 Speaker 1: the White House did promise a little encounter with the president. Uh, 32 00:01:38,520 --> 00:01:40,320 Speaker 1: he said he would take ten questions. I don't know 33 00:01:40,360 --> 00:01:42,360 Speaker 1: if he actually made good on them. Here must have 34 00:01:42,400 --> 00:01:45,360 Speaker 1: been at least ten. Genie, How did he do? How 35 00:01:45,480 --> 00:01:48,640 Speaker 1: was the posture? The confidence following a night like we 36 00:01:48,760 --> 00:01:52,880 Speaker 1: know he had, Well, you know, we were at least 37 00:01:52,920 --> 00:01:55,279 Speaker 1: some of us were expecting, you know, forty eight hours 38 00:01:55,280 --> 00:01:58,080 Speaker 1: ago maybe that he could potentially be talking about some 39 00:01:58,160 --> 00:02:01,200 Speaker 1: kind of shellacking. And here the president who got to 40 00:02:01,280 --> 00:02:03,840 Speaker 1: go out in a mid term in his first term 41 00:02:03,880 --> 00:02:06,520 Speaker 1: and talk about a pretty good night for his party. 42 00:02:06,640 --> 00:02:09,840 Speaker 1: So that was a very positive thing, and he went out, 43 00:02:09,880 --> 00:02:13,320 Speaker 1: he took questions, and he stressed that he is going 44 00:02:13,360 --> 00:02:16,000 Speaker 1: to continue to work for the American public. He expressed 45 00:02:16,040 --> 00:02:18,600 Speaker 1: sensitivity to the fact that people are feeling, as the 46 00:02:18,639 --> 00:02:21,560 Speaker 1: polls showed us last night, very frustrated with the direction 47 00:02:21,560 --> 00:02:24,119 Speaker 1: of the country in the economy. And he talked about 48 00:02:24,160 --> 00:02:25,720 Speaker 1: the fact he's going to continue to try to work 49 00:02:25,760 --> 00:02:29,320 Speaker 1: across the aisle. As he heads out overseas tomorrow and 50 00:02:29,360 --> 00:02:31,880 Speaker 1: then comes back, he said he's going to be meeting 51 00:02:31,919 --> 00:02:34,840 Speaker 1: with people from both parties to try to address the 52 00:02:34,880 --> 00:02:37,880 Speaker 1: issues addressing the American public. So I think, all in lall, 53 00:02:38,040 --> 00:02:40,840 Speaker 1: he did a good job. But let's not forget you know, 54 00:02:40,919 --> 00:02:43,400 Speaker 1: for most reporters, we don't hear from the president in 55 00:02:43,440 --> 00:02:47,639 Speaker 1: these venues enough. So it's the first press conference he's 56 00:02:47,639 --> 00:02:50,280 Speaker 1: had in a long time. January was the last real 57 00:02:50,360 --> 00:02:52,320 Speaker 1: big one, and he hit the two hour mark. As 58 00:02:52,360 --> 00:02:55,720 Speaker 1: I'm sure you well remember, having been in this studio 59 00:02:55,800 --> 00:02:59,519 Speaker 1: for it, Rick, it's been framed by Democrats while the 60 00:02:59,560 --> 00:03:02,679 Speaker 1: House is up and called as the most successful mid 61 00:03:02,760 --> 00:03:05,480 Speaker 1: term election cycle for a Democratic president going back a 62 00:03:05,480 --> 00:03:07,800 Speaker 1: long time, maybe any president going back along time. Does 63 00:03:07,880 --> 00:03:10,560 Speaker 1: Joe Biden have something to brag about Uh. Look, I 64 00:03:10,600 --> 00:03:13,040 Speaker 1: think he actually had a good tone today. He wasn't 65 00:03:13,080 --> 00:03:15,320 Speaker 1: really bragging about anything. He you know, sort of spelled 66 00:03:15,320 --> 00:03:17,959 Speaker 1: it out as as it is, which to have that 67 00:03:18,040 --> 00:03:23,560 Speaker 1: kind of stability and not demagogue. It was refreshing, frankly, 68 00:03:23,880 --> 00:03:27,720 Speaker 1: Um and look, I mean, you know, verse to remind everybody, 69 00:03:27,760 --> 00:03:31,200 Speaker 1: George Bush in two thousand and two or two thousand 70 00:03:31,840 --> 00:03:36,160 Speaker 1: two had gained eight seats. So uh, in twenty years, 71 00:03:36,200 --> 00:03:40,400 Speaker 1: it's the best performance of any president president. Were there? Yeah, 72 00:03:40,520 --> 00:03:43,600 Speaker 1: And uh, but like presidents are presidents, right, I mean, like, okay, 73 00:03:43,640 --> 00:03:47,640 Speaker 1: so yeah, he's a very successful Democratic president. Can't can't 74 00:03:47,720 --> 00:03:50,720 Speaker 1: can't help but say, gee, Republicans have been more successful 75 00:03:50,720 --> 00:03:53,240 Speaker 1: in the last twenty years. But but the bottom line 76 00:03:53,280 --> 00:03:58,000 Speaker 1: is he seemed very he seemed very uh settled with 77 00:03:58,040 --> 00:04:00,440 Speaker 1: the idea that he's gonna have a divided government. You know, 78 00:04:00,480 --> 00:04:03,080 Speaker 1: he didn't didn't commit to that. Obviously, he doesn't want 79 00:04:03,080 --> 00:04:05,280 Speaker 1: to throw anybody under the bus right now, and we 80 00:04:05,280 --> 00:04:07,920 Speaker 1: don't know what control of Congress is looking like. But 81 00:04:08,160 --> 00:04:10,480 Speaker 1: the fact that he's committed to sitting down with party 82 00:04:10,640 --> 00:04:14,000 Speaker 1: on the opposite side and and and trying to create 83 00:04:14,040 --> 00:04:15,840 Speaker 1: a dialogue to see if he can move forward the 84 00:04:15,840 --> 00:04:18,800 Speaker 1: second half of his administration is a real positive. Right, 85 00:04:18,800 --> 00:04:21,120 Speaker 1: we would have never heard this from Trump, right, it 86 00:04:21,160 --> 00:04:23,480 Speaker 1: would have been we won big, and like it's the 87 00:04:23,520 --> 00:04:26,760 Speaker 1: greatest victory in the history of the world, and and 88 00:04:26,760 --> 00:04:29,120 Speaker 1: and like he would have been throwing Democrats under the bus, 89 00:04:29,160 --> 00:04:32,040 Speaker 1: right and left. So the fact that the Olive branches 90 00:04:32,080 --> 00:04:34,880 Speaker 1: out is huge. I think that's what Republicans will be 91 00:04:34,920 --> 00:04:38,160 Speaker 1: looking for, especially those Republicans who actually still want to 92 00:04:38,200 --> 00:04:40,080 Speaker 1: put in a good day's work in Congress. A great 93 00:04:40,080 --> 00:04:42,159 Speaker 1: point that you make. The President says he will sit 94 00:04:42,200 --> 00:04:45,039 Speaker 1: down with the Republican leadership when he returns from his 95 00:04:45,080 --> 00:04:48,040 Speaker 1: foreign travel. UH. You mentioned Trump. Let's play that against 96 00:04:48,080 --> 00:04:51,159 Speaker 1: Trump and in his remarks in a Newsmax interview going 97 00:04:51,200 --> 00:04:53,400 Speaker 1: into the UH the night last night. It's just an 98 00:04:53,400 --> 00:04:56,279 Speaker 1: incredible contrast from what we heard from Joe Biden, the 99 00:04:56,320 --> 00:04:59,200 Speaker 1: posture that he chose to take here and Donald Trump. 100 00:04:59,200 --> 00:05:03,239 Speaker 1: Knowing that Trump endorsed UH dozens, if not several hundred 101 00:05:03,279 --> 00:05:06,400 Speaker 1: candidates affect across the country in this midterm site the 102 00:05:06,440 --> 00:05:10,280 Speaker 1: results for Republicans, um how much of that will be 103 00:05:10,279 --> 00:05:13,400 Speaker 1: because of Donald Trump? Well, I think if they win, 104 00:05:13,720 --> 00:05:15,839 Speaker 1: I should get all the credit, and if they lose, 105 00:05:15,960 --> 00:05:18,240 Speaker 1: I should not be blamed at all. Okay, but it 106 00:05:18,240 --> 00:05:21,640 Speaker 1: will probably be just the opposite. When they win. I 107 00:05:21,640 --> 00:05:23,599 Speaker 1: think they're going to do very well. I'll probably be 108 00:05:23,680 --> 00:05:26,560 Speaker 1: given very little credit, even though in many cases I 109 00:05:26,600 --> 00:05:30,440 Speaker 1: teld people to run. Is he getting enough credit today, Gene, 110 00:05:30,960 --> 00:05:32,720 Speaker 1: I don't think he's getting much credit. I think he's 111 00:05:32,720 --> 00:05:35,839 Speaker 1: getting a lot of blame. The great spots for the 112 00:05:35,880 --> 00:05:39,920 Speaker 1: Republican Party were people who are against Donald Trump or 113 00:05:40,000 --> 00:05:43,400 Speaker 1: with whom he has had issues, namely Brian Kemp in 114 00:05:43,440 --> 00:05:47,360 Speaker 1: Georgia and run to Santis in Florida. Potential rivals is 115 00:05:47,400 --> 00:05:51,280 Speaker 1: certainly run to Santis for four. And I think, you know, 116 00:05:51,360 --> 00:05:53,919 Speaker 1: as we look at President Biden's press conference that to 117 00:05:54,000 --> 00:05:56,800 Speaker 1: me was the elephant in the room. The reporters tried 118 00:05:56,800 --> 00:05:58,440 Speaker 1: to get him to go there. He sort of shied 119 00:05:58,480 --> 00:06:01,160 Speaker 1: away from it. But you've got Trump, you know, teasing 120 00:06:01,320 --> 00:06:04,680 Speaker 1: a possible announcement on Tuesday for twenty four, and the 121 00:06:04,720 --> 00:06:08,840 Speaker 1: big question is does Joe Biden follow in any you know, 122 00:06:09,480 --> 00:06:12,000 Speaker 1: does he follow suit at some point? And of course, 123 00:06:12,200 --> 00:06:15,000 Speaker 1: um you've got the exit polls also showing us that 124 00:06:15,040 --> 00:06:19,479 Speaker 1: these are two incredibly unpopular leaders of their respective parties, 125 00:06:19,800 --> 00:06:21,760 Speaker 1: and so that sort of is the elephant in the room. 126 00:06:21,760 --> 00:06:24,040 Speaker 1: Does Joe Biden run and how does he deal with 127 00:06:24,080 --> 00:06:25,640 Speaker 1: the calendar? And he's going to have a lot of 128 00:06:25,720 --> 00:06:28,359 Speaker 1: questions to answer about that issue. Interesting the way he 129 00:06:28,400 --> 00:06:30,840 Speaker 1: answered this question. Listen to this Rick he was asked 130 00:06:30,880 --> 00:06:33,480 Speaker 1: by by Steve Hoffman at Reuter's. But you know you're 131 00:06:33,480 --> 00:06:35,400 Speaker 1: gonna run again? What's the deal? Here's what he has. 132 00:06:36,360 --> 00:06:38,880 Speaker 1: I think. My guess is, I hope Joe and I 133 00:06:38,920 --> 00:06:43,960 Speaker 1: get a little time to actually sneak away for a 134 00:06:44,000 --> 00:06:48,039 Speaker 1: week around between Christmas and Thanksgiving. And my guess is 135 00:06:48,040 --> 00:06:50,440 Speaker 1: would be earlier next year. We make that early next year, 136 00:06:50,520 --> 00:06:53,160 Speaker 1: I should say, Steve Holland, the great White House correspondent, 137 00:06:53,720 --> 00:06:55,120 Speaker 1: is that the way you do this? You know? He 138 00:06:55,600 --> 00:07:00,359 Speaker 1: don't you just say you're running? Ri? No, definitely not um. 139 00:07:00,520 --> 00:07:02,960 Speaker 1: I think he is. He understands the political process as 140 00:07:03,000 --> 00:07:06,159 Speaker 1: well as anybody you know. And he's gonna assemble advisors. 141 00:07:06,160 --> 00:07:08,880 Speaker 1: He's going to reach out to mayors and governors and 142 00:07:09,000 --> 00:07:11,880 Speaker 1: members of Congress and ask their opinion and build a 143 00:07:11,880 --> 00:07:14,000 Speaker 1: little momentum behind it, because right now he doesn't really 144 00:07:14,000 --> 00:07:17,080 Speaker 1: have any momentum. He had he had obviously a good night. 145 00:07:17,120 --> 00:07:19,320 Speaker 1: He's probably gonna lose one House of the Congress, and 146 00:07:19,680 --> 00:07:22,560 Speaker 1: so you know, he's got to redefine himself as create 147 00:07:22,720 --> 00:07:25,520 Speaker 1: the person he wants to be to run for president. 148 00:07:25,640 --> 00:07:27,320 Speaker 1: If he wants to run for president. I mean, I 149 00:07:27,360 --> 00:07:30,480 Speaker 1: don't think it's a foregone conclusion, but I think the 150 00:07:30,480 --> 00:07:34,160 Speaker 1: the public would would benefit from that kind of introspection. 151 00:07:34,200 --> 00:07:36,160 Speaker 1: In other words, it's not just automatic, I'm gonna run 152 00:07:36,240 --> 00:07:38,680 Speaker 1: no matter what. I think. He wants the party to 153 00:07:38,720 --> 00:07:40,560 Speaker 1: ask him to run, right, You know, there needs to 154 00:07:40,560 --> 00:07:43,480 Speaker 1: be people out on the public square saying, oh, Joe 155 00:07:43,520 --> 00:07:46,960 Speaker 1: Biden's our best chance of you know, winning in four 156 00:07:47,320 --> 00:07:50,520 Speaker 1: I would say, on the contrast, you know, Donal Trump's 157 00:07:50,520 --> 00:07:53,239 Speaker 1: not asking anybody's opinion about whether he should running, right exactly, 158 00:07:53,320 --> 00:07:55,200 Speaker 1: And and and I think one of the things you're 159 00:07:55,200 --> 00:07:57,560 Speaker 1: gonna start seeing in the Republican Party is a lot 160 00:07:57,600 --> 00:08:00,400 Speaker 1: of people scratch their head and publicly saying, now, wait 161 00:08:00,400 --> 00:08:02,680 Speaker 1: a minute, he's sitting on a hundred million dollars and 162 00:08:02,720 --> 00:08:05,280 Speaker 1: we just lost these seats by a couple of thousand VOTs. 163 00:08:05,640 --> 00:08:09,840 Speaker 1: What the heck is he doing? Uh, Jennie, does the 164 00:08:09,880 --> 00:08:14,000 Speaker 1: president want to let that trump announcement simmer for a 165 00:08:14,040 --> 00:08:16,920 Speaker 1: little bit, so Democrats are screaming for him to announce 166 00:08:16,920 --> 00:08:18,880 Speaker 1: something by the end of the year. Yeah, he wants 167 00:08:18,920 --> 00:08:21,040 Speaker 1: to let that simmer. He wants to let run to 168 00:08:21,160 --> 00:08:25,520 Speaker 1: Santis donald Trump battle it out, as Donald Trump has 169 00:08:25,520 --> 00:08:27,840 Speaker 1: already said that he will he will go straight forwar 170 00:08:27,920 --> 00:08:30,560 Speaker 1: round to Santis. So he wants to let that go 171 00:08:31,040 --> 00:08:34,320 Speaker 1: and he can then has the benefit of deciding when 172 00:08:34,400 --> 00:08:37,320 Speaker 1: he is going to put himself forward if he does, um, 173 00:08:37,360 --> 00:08:39,800 Speaker 1: you know. And the reality for Donald Trump, of course, 174 00:08:39,840 --> 00:08:43,160 Speaker 1: as Republicans look at this is most are many of 175 00:08:43,280 --> 00:08:46,400 Speaker 1: his candidates in the upper echelons. Many of them lost, 176 00:08:46,440 --> 00:08:51,440 Speaker 1: you know, Bullduck, Mastriano, Oz Dixon, Cox, Zelden, Michael. It's 177 00:08:51,480 --> 00:08:54,680 Speaker 1: a big you know, he had a couple of bright spots, 178 00:08:54,720 --> 00:08:57,600 Speaker 1: maybe j d Vance. You know, we're still waiting on Arizona, Nevada. 179 00:08:57,640 --> 00:09:00,600 Speaker 1: But you know, these are big losses for Publicans. So 180 00:09:00,679 --> 00:09:02,960 Speaker 1: they're really going to have to grapple with Is anybody 181 00:09:02,960 --> 00:09:06,360 Speaker 1: in the Republican Party in a position to stop him 182 00:09:06,360 --> 00:09:08,959 Speaker 1: from announcing and sort of taking the party? It seemed 183 00:09:08,960 --> 00:09:10,760 Speaker 1: to be Ron de santist Rick would no better than 184 00:09:10,800 --> 00:09:13,440 Speaker 1: I do. But Ron de Santist so far hasn't chosen 185 00:09:13,480 --> 00:09:18,160 Speaker 1: to do that because he's busy playing god in Florida, 186 00:09:19,800 --> 00:09:24,680 Speaker 1: worried about It's a great opportunity to work in. Nathan Gonzalez, 187 00:09:24,679 --> 00:09:26,560 Speaker 1: a voice we've been looking forward to adding, editor and 188 00:09:26,640 --> 00:09:29,720 Speaker 1: publisher of Inside Elections, who joins us on this day 189 00:09:29,720 --> 00:09:31,640 Speaker 1: after Nathan, thank you for being here. We talked in 190 00:09:31,679 --> 00:09:35,760 Speaker 1: advance of election night here and you know, the narrative 191 00:09:35,800 --> 00:09:40,800 Speaker 1: this morning is red ripple, no red wave. Kevin McCarthy 192 00:09:40,880 --> 00:09:43,440 Speaker 1: has declared victory. Nathan, how's this going to end in 193 00:09:43,480 --> 00:09:47,360 Speaker 1: the House? Well, I don't think the House majority is 194 00:09:47,400 --> 00:09:50,679 Speaker 1: a completely done deal. There is actually a path for 195 00:09:50,920 --> 00:09:54,240 Speaker 1: Democrats to maintain control. It's it's a narrow one. And 196 00:09:54,280 --> 00:09:56,960 Speaker 1: this is a conversation. I don't think anybody really expected 197 00:09:57,000 --> 00:10:01,200 Speaker 1: the idea that Democrats could lose the Senate and hold 198 00:10:01,240 --> 00:10:03,360 Speaker 1: the House is a scenario that no one was talking 199 00:10:03,400 --> 00:10:05,880 Speaker 1: about for the last two years. Based on historical trends, 200 00:10:05,960 --> 00:10:09,760 Speaker 1: based on where President Biden's job approval rating is um 201 00:10:09,920 --> 00:10:11,800 Speaker 1: right now, it looks like when you break down what 202 00:10:11,920 --> 00:10:14,600 Speaker 1: see what's been called, and what's yet to be called, 203 00:10:14,640 --> 00:10:18,400 Speaker 1: it looks like Republicans will gain between four and eleven seats, 204 00:10:18,440 --> 00:10:20,920 Speaker 1: so they need five. So the lower end of that 205 00:10:21,040 --> 00:10:24,520 Speaker 1: range is just under what they need. But you know, 206 00:10:24,559 --> 00:10:26,920 Speaker 1: if you really pin me down, it looks like Republicans 207 00:10:26,920 --> 00:10:30,199 Speaker 1: will get it by a handful or less of seats. 208 00:10:30,520 --> 00:10:33,480 Speaker 1: And that makes it That means that speaker, that speaker 209 00:10:33,559 --> 00:10:35,439 Speaker 1: McCarthy is not a given that there could be a 210 00:10:35,520 --> 00:10:39,680 Speaker 1: leadership leadership fight and caused some chaos early within the 211 00:10:39,920 --> 00:10:42,839 Speaker 1: within the Congress. That's going to be an interesting conversation here. 212 00:10:42,880 --> 00:10:45,240 Speaker 1: Listen to Kevin McCarthy. It was two o'clock in the morning. 213 00:10:46,160 --> 00:10:47,880 Speaker 1: I thought we had been I thought we were done 214 00:10:47,920 --> 00:10:51,000 Speaker 1: with the speeches, and well, Kevin McCarthy is about to speak, 215 00:10:51,000 --> 00:10:56,000 Speaker 1: and boy, is that we are going to take the 216 00:10:56,080 --> 00:11:03,560 Speaker 1: house back. Interesting way to handle this. He pointed to 217 00:11:03,960 --> 00:11:06,680 Speaker 1: Sean Patrick maloney as well, who in the race was 218 00:11:06,760 --> 00:11:10,000 Speaker 1: called for his opponent. That was kind of a trophy 219 00:11:10,040 --> 00:11:12,400 Speaker 1: win for Republicans in the Hudson Valley of New York. 220 00:11:12,400 --> 00:11:15,160 Speaker 1: They had a couple actually, uh in New York here, 221 00:11:15,640 --> 00:11:19,680 Speaker 1: Uh that said, are we in for a major leadership 222 00:11:19,720 --> 00:11:23,640 Speaker 1: battle here? Because the margin won't be much greater. Nathan, Well, 223 00:11:23,679 --> 00:11:26,120 Speaker 1: you have to McCarthy has to be viewed as a 224 00:11:26,160 --> 00:11:28,720 Speaker 1: front runner for speaker, but it's not an undeal. And 225 00:11:28,720 --> 00:11:31,240 Speaker 1: then you say, well, who who if not him, who 226 00:11:31,280 --> 00:11:34,880 Speaker 1: who can be acceptable to all elements of the Republican caucus? 227 00:11:34,880 --> 00:11:39,280 Speaker 1: And Steve Schalez is going you have to, but I 228 00:11:39,480 --> 00:11:42,520 Speaker 1: would include Patrick mckennry at least the phonic Jim Banks 229 00:11:42,559 --> 00:11:45,400 Speaker 1: of Indiana. I think you have to include those folks. 230 00:11:45,440 --> 00:11:48,280 Speaker 1: But the kind of what what McCarthy did last night 231 00:11:48,360 --> 00:11:51,600 Speaker 1: was something we called cherry picking. Right. Yes, Republicans won 232 00:11:51,679 --> 00:11:55,960 Speaker 1: some seats uh last night, but it wasn't as expected 233 00:11:56,000 --> 00:11:59,199 Speaker 1: in right now, the toss up races which we expected 234 00:11:59,480 --> 00:12:03,440 Speaker 1: to break for Republicans because of independence and undecided voters 235 00:12:03,760 --> 00:12:07,840 Speaker 1: prioritizing the economy and not liking Biden, those tossib raises 236 00:12:07,880 --> 00:12:11,679 Speaker 1: have been breaking disproportionately for Democrats and that has really 237 00:12:11,800 --> 00:12:15,200 Speaker 1: changed the overall outlook on how many seats Republicans are 238 00:12:15,200 --> 00:12:17,280 Speaker 1: going to gain, with of course the exception of this 239 00:12:17,360 --> 00:12:21,880 Speaker 1: Democrat not only a member of the Democratic House, but 240 00:12:22,040 --> 00:12:24,640 Speaker 1: the share of the D Triple C, the man tasked 241 00:12:24,640 --> 00:12:29,600 Speaker 1: with getting Democrats reelected. I don't want to make this 242 00:12:29,640 --> 00:12:33,439 Speaker 1: about me, Um. I don't like in New York as 243 00:12:35,960 --> 00:12:40,520 Speaker 1: know that that I want to There's not one seat 244 00:12:40,559 --> 00:12:42,240 Speaker 1: on that board that I don't I don't want the 245 00:12:42,280 --> 00:12:45,880 Speaker 1: loss of um and and be And it is that 246 00:12:46,160 --> 00:12:51,400 Speaker 1: competitive nature that will also, you know, allow me to 247 00:12:51,440 --> 00:12:53,679 Speaker 1: answer your question honestly and say, I don't like to lose. 248 00:12:54,960 --> 00:12:57,439 Speaker 1: But my opponent won this race and he wanted fair 249 00:12:57,520 --> 00:13:03,320 Speaker 1: and square, and that means something, and so I'm going 250 00:13:03,360 --> 00:13:06,560 Speaker 1: to step aside and I had a good run. I 251 00:13:06,559 --> 00:13:09,280 Speaker 1: thought that was interesting, Nathan. He's not the only Democrat 252 00:13:09,320 --> 00:13:10,840 Speaker 1: we heard that from last night. It so haunded a 253 00:13:10,840 --> 00:13:15,400 Speaker 1: lot like Congressman Tim Ryan's concession speech in the the 254 00:13:15,440 --> 00:13:19,880 Speaker 1: Ohio Senate race. Here. I'm assuming that that there was 255 00:13:20,160 --> 00:13:22,120 Speaker 1: a kind of a meeting on this there there was 256 00:13:22,120 --> 00:13:24,520 Speaker 1: an agreement among Democrats that if you lose your race, 257 00:13:24,840 --> 00:13:27,800 Speaker 1: that you do it properly, that you concede, and you 258 00:13:27,840 --> 00:13:31,200 Speaker 1: even call it an honor. Did you sense that last night? Yeah. 259 00:13:31,240 --> 00:13:33,800 Speaker 1: I think there's been a sense even coming into election 260 00:13:33,920 --> 00:13:39,120 Speaker 1: day about election integrity in the process and this leading 261 00:13:39,160 --> 00:13:42,160 Speaker 1: by example and with Maloney. There was a confluence of 262 00:13:42,200 --> 00:13:45,960 Speaker 1: events where overall Republicans are doing well in New York 263 00:13:46,480 --> 00:13:51,560 Speaker 1: in part with Congressman Zeldin's closer than expected run for governor. 264 00:13:51,840 --> 00:13:55,120 Speaker 1: But Maloney also chose to run in this newly drawn district. 265 00:13:55,160 --> 00:13:58,400 Speaker 1: He only represented of the district, so he was not 266 00:13:58,520 --> 00:14:01,560 Speaker 1: a true incumbent. It's some of those advantages that come 267 00:14:01,559 --> 00:14:02,959 Speaker 1: with and come and see, and then you add in 268 00:14:03,000 --> 00:14:05,520 Speaker 1: the Republican spending in and that ends up with a 269 00:14:05,600 --> 00:14:10,160 Speaker 1: high profile loss on an otherwise disappointing night for Republicans. 270 00:14:10,920 --> 00:14:13,920 Speaker 1: We're going to turn to the Senate in Georgia in 271 00:14:14,000 --> 00:14:15,960 Speaker 1: just a minute here, Nathan, and we have to wait 272 00:14:15,960 --> 00:14:19,320 Speaker 1: a month before we know who controls the Senate. Well, 273 00:14:19,360 --> 00:14:22,160 Speaker 1: you know, right now, it's coming down to Georgia, Arizona, 274 00:14:22,200 --> 00:14:27,160 Speaker 1: and Nevada. If if Republicans or if either party wins 275 00:14:27,200 --> 00:14:30,720 Speaker 1: both Nevada and Arizona before we get to Georgia, then 276 00:14:30,760 --> 00:14:33,640 Speaker 1: we will know control. But if those break, you know, 277 00:14:33,680 --> 00:14:36,440 Speaker 1: with one party each winning one of those, then yes, 278 00:14:36,560 --> 00:14:39,000 Speaker 1: it does come down to Georgia. And you know what, 279 00:14:39,080 --> 00:14:42,600 Speaker 1: We've been talking about this for months now. We've been 280 00:14:42,640 --> 00:14:45,840 Speaker 1: through multiple cycles where everyone said, oh, everything was way off, 281 00:14:45,920 --> 00:14:48,360 Speaker 1: and no, we've been telling you for months that it 282 00:14:48,400 --> 00:14:50,960 Speaker 1: could come down to a runoff in Georgia. And we 283 00:14:51,040 --> 00:14:53,520 Speaker 1: are on the on the precipice of that. Well, I 284 00:14:53,560 --> 00:14:55,720 Speaker 1: suspect we'll talk again in the next month except for 285 00:14:55,800 --> 00:14:58,960 Speaker 1: December six. And yeah, that race is herschel Walker Raphael. 286 00:14:58,960 --> 00:15:00,640 Speaker 1: We're not going to a run off of that is 287 00:15:00,680 --> 00:15:02,600 Speaker 1: for sure. Nathan Gonzalez, thanks for being with us. Thanks 288 00:15:02,640 --> 00:15:04,600 Speaker 1: for being patient as we dealt with a little bit 289 00:15:04,600 --> 00:15:06,520 Speaker 1: of a delay from the White House Today, editor and 290 00:15:06,560 --> 00:15:09,880 Speaker 1: publisher of Inside Elections, he probably hasn't slept much like 291 00:15:09,960 --> 00:15:12,400 Speaker 1: our panel. Can I ask quickly, Rick and Jennie while 292 00:15:12,400 --> 00:15:16,160 Speaker 1: you're here, Uh, the the idea of Sean Patrick Maloney 293 00:15:16,240 --> 00:15:21,880 Speaker 1: giving that trophy, that the victory that Kevin McCarthy was 294 00:15:21,960 --> 00:15:24,600 Speaker 1: so thirsty for. How significant is that loss in the 295 00:15:24,680 --> 00:15:27,960 Speaker 1: Hudson Valley Genie that that was? That was one we 296 00:15:28,040 --> 00:15:31,920 Speaker 1: waited hours and hours to hear about. It's significant. I 297 00:15:31,960 --> 00:15:35,000 Speaker 1: think it's the first time I understanding about forty years 298 00:15:35,120 --> 00:15:39,479 Speaker 1: that the head of the party is lost in their seat. Um, 299 00:15:39,560 --> 00:15:41,880 Speaker 1: as you were just talking about the thing to keep 300 00:15:41,920 --> 00:15:45,120 Speaker 1: in mind, many Democrats in New York were frustrated with 301 00:15:45,160 --> 00:15:47,880 Speaker 1: John Patrick Maloney for switching districts and running there the 302 00:15:47,880 --> 00:15:50,160 Speaker 1: first place. It was not his home district, so he 303 00:15:50,240 --> 00:15:53,920 Speaker 1: had only about twenty were, you know, thinking of him 304 00:15:53,920 --> 00:15:56,240 Speaker 1: as re election. He was new to the district and 305 00:15:56,320 --> 00:15:58,480 Speaker 1: he lost it, but he lost against an onslaught of 306 00:15:58,600 --> 00:16:01,320 Speaker 1: Republican money. We're gonna talk more about the battle here 307 00:16:01,440 --> 00:16:04,400 Speaker 1: for the gavel with Rick and Jeanie and we'll bring 308 00:16:04,440 --> 00:16:07,880 Speaker 1: in Billy House from Georgia next. I'm Joe Matthew. This 309 00:16:07,960 --> 00:16:11,960 Speaker 1: is Bloomberg. We turned out a Georgia and the headline 310 00:16:12,000 --> 00:16:17,040 Speaker 1: Warnock Walker had to potentially decisive Senate runoff. Potentially decisive. Indeed, 311 00:16:17,240 --> 00:16:19,320 Speaker 1: this is the one that could decide at all in 312 00:16:19,400 --> 00:16:22,360 Speaker 1: the Senate. And doesn't this feel a lot like a 313 00:16:22,360 --> 00:16:24,880 Speaker 1: couple of are we really doing this again? Waiting around 314 00:16:24,880 --> 00:16:28,400 Speaker 1: a month to find out what Georgia does? Senator Warnock, 315 00:16:29,200 --> 00:16:33,160 Speaker 1: despite all this, says he's feeling good. We we always 316 00:16:33,240 --> 00:16:45,280 Speaker 1: knew that this race would be close, and so that's 317 00:16:45,280 --> 00:16:51,360 Speaker 1: where we are. So y'all just hang in there. I'm 318 00:16:51,400 --> 00:16:55,200 Speaker 1: feeling good. Okay, they love that, and I'll tell you 319 00:16:56,200 --> 00:17:00,680 Speaker 1: I'll feeling good. Where's Ricky? Bobby at Lee? House picked 320 00:17:00,680 --> 00:17:02,840 Speaker 1: the right race. Billy, you're gonna be moving into like 321 00:17:02,880 --> 00:17:04,840 Speaker 1: a waffle house or something for the next month. Are 322 00:17:04,840 --> 00:17:07,879 Speaker 1: you staying down there for this it's the race of 323 00:17:07,960 --> 00:17:10,840 Speaker 1: the cycle. As it turns out, Warnock Walker, how does 324 00:17:10,880 --> 00:17:14,960 Speaker 1: this work? Nobody got fifty and so we've got the runoff, right, 325 00:17:15,880 --> 00:17:18,280 Speaker 1: that's right, it's uh. By the way, I did he 326 00:17:18,400 --> 00:17:23,360 Speaker 1: get waffle house this morning? Going to uh? But yes, 327 00:17:23,480 --> 00:17:27,359 Speaker 1: it's like groundhog day. Uh. In two thousand twenty one, 328 00:17:28,119 --> 00:17:30,040 Speaker 1: Raphael Warnock one in a run off, and here we 329 00:17:30,080 --> 00:17:35,720 Speaker 1: are again now face him facing herschel Walker. So uh. 330 00:17:35,920 --> 00:17:39,520 Speaker 1: Rick Davis, who's with us as as usual on the 331 00:17:39,520 --> 00:17:41,760 Speaker 1: broadcast tonight, has been making the point that you take 332 00:17:42,359 --> 00:17:45,959 Speaker 1: Brian Kemp away, right, You've got that sort of there's 333 00:17:46,040 --> 00:17:49,440 Speaker 1: no there are no coat tails for herschel Walker. He's 334 00:17:49,440 --> 00:17:51,680 Speaker 1: got to do this on his own. And Raphael Warnock 335 00:17:51,760 --> 00:17:53,960 Speaker 1: has got a lot of a lot of OPO to 336 00:17:54,080 --> 00:17:57,600 Speaker 1: dump on him. We've already got two allegations that he 337 00:17:57,640 --> 00:18:01,520 Speaker 1: paid for abortions for former girlfriends, even though he is 338 00:18:01,560 --> 00:18:04,679 Speaker 1: in favor of an abortion ban. This is gonna be 339 00:18:04,720 --> 00:18:08,920 Speaker 1: APO central for the next month. Right. Oh, that's absolutely correct. 340 00:18:08,920 --> 00:18:11,920 Speaker 1: But you mentioned the governor Brian Kemp who one uh 341 00:18:11,960 --> 00:18:18,040 Speaker 1: and outperformed obviously Herschel Warnock on in last night. He 342 00:18:19,080 --> 00:18:23,199 Speaker 1: across the board Herschel Walker underperformed other Republican candidates in 343 00:18:23,240 --> 00:18:27,000 Speaker 1: Georgia's statewide But the big pressure probably will be on 344 00:18:27,080 --> 00:18:30,000 Speaker 1: the governor to you have come out and and finally 345 00:18:30,359 --> 00:18:33,080 Speaker 1: show a little love for Herschel Walker that he did 346 00:18:33,119 --> 00:18:36,239 Speaker 1: not do so do so in the general election. And uh, 347 00:18:36,640 --> 00:18:38,840 Speaker 1: who knows what the governor will do, but there's talk 348 00:18:38,960 --> 00:18:40,440 Speaker 1: that he is going to open up a little bit 349 00:18:40,400 --> 00:18:45,359 Speaker 1: and maybe, especially if the Senate is and at at stake, 350 00:18:45,760 --> 00:18:47,800 Speaker 1: come out and help him on the trail a little 351 00:18:47,800 --> 00:18:50,199 Speaker 1: bit more. It's an interesting concept because this is a 352 00:18:50,240 --> 00:18:53,600 Speaker 1: Trump pick, right, Bryant Kemp, Well, he'd love a Republican 353 00:18:53,640 --> 00:18:56,719 Speaker 1: I'm assuming to represent the state. Doesn't probably feel much 354 00:18:56,720 --> 00:18:59,560 Speaker 1: of a need to help Donald Trump. No, he's probably 355 00:18:59,720 --> 00:19:03,120 Speaker 1: now he's actually feeling like he doesn't even at all now. 356 00:19:03,200 --> 00:19:06,600 Speaker 1: But but Walker might And and that's the other big 357 00:19:06,720 --> 00:19:11,280 Speaker 1: kind of unstated question is will Trump stay away? And 358 00:19:11,280 --> 00:19:14,280 Speaker 1: and if he doesn't, does that hurt Walker? Well, he 359 00:19:14,400 --> 00:19:18,280 Speaker 1: certainly learned a lesson, uh in with that, I guess 360 00:19:18,280 --> 00:19:22,400 Speaker 1: it was technically twenty one uh, with the Georgia runoff 361 00:19:22,440 --> 00:19:26,200 Speaker 1: that sent John ass Off and then of course Herschel 362 00:19:27,080 --> 00:19:31,320 Speaker 1: Raphael Warnock to Washington here. Uh So, look, I understand 363 00:19:31,600 --> 00:19:33,280 Speaker 1: we've got a month. How do you fill that time 364 00:19:33,400 --> 00:19:39,280 Speaker 1: for these two campaigns? Billy? Uh, given what's happening in 365 00:19:39,320 --> 00:19:42,120 Speaker 1: the Senate and if this truly is the determinative race 366 00:19:42,200 --> 00:19:46,920 Speaker 1: for control, Uh, you feel you filled this month with uh, 367 00:19:47,119 --> 00:19:50,399 Speaker 1: incredible amounts of money once again pouring into a single 368 00:19:50,480 --> 00:19:54,879 Speaker 1: state from all over the country. Uh. Incredible number of 369 00:19:54,920 --> 00:20:00,359 Speaker 1: events with people from outside the state, celebrities coming in 370 00:20:00,480 --> 00:20:04,760 Speaker 1: and in appearing at rallies for both candidates, and in 371 00:20:05,080 --> 00:20:10,200 Speaker 1: in in the television blitz and other media blitz on advertising, 372 00:20:10,680 --> 00:20:14,000 Speaker 1: unlike you've probably seen very many other places that happened 373 00:20:13,960 --> 00:20:16,240 Speaker 1: in one It was incredible and it looks like it's 374 00:20:16,240 --> 00:20:20,040 Speaker 1: going to happen again. Billy. Thanks for great reporting this week. 375 00:20:20,320 --> 00:20:22,720 Speaker 1: I can't wait to have you back in Washington. Let's 376 00:20:22,720 --> 00:20:24,440 Speaker 1: talk to you more about it in person. Billy House 377 00:20:25,680 --> 00:20:28,800 Speaker 1: live in Georgia Forests. On the fastest hour in politics. 378 00:20:29,640 --> 00:20:32,479 Speaker 1: Everyone here is, you know, punch drunk or something like that. 379 00:20:32,520 --> 00:20:34,520 Speaker 1: We've all basically been awake for forty eight hours. And 380 00:20:34,560 --> 00:20:36,400 Speaker 1: I mentioned you Rix will bring you back in here. 381 00:20:36,480 --> 00:20:39,840 Speaker 1: The idea of this, uh, this runoff taking place with 382 00:20:40,080 --> 00:20:42,720 Speaker 1: just one race, just the two candidates on the ballot. 383 00:20:42,760 --> 00:20:44,320 Speaker 1: What does that mean for herschel Walker? Is that a 384 00:20:44,440 --> 00:20:47,760 Speaker 1: much tougher climate? And he was already in well, you know, 385 00:20:47,840 --> 00:20:50,199 Speaker 1: he shared the stage with an entire country full of 386 00:20:50,240 --> 00:20:52,840 Speaker 1: interesting races, right, and now the entire country is going 387 00:20:52,880 --> 00:20:55,720 Speaker 1: to share themselves with herschel Walker. And so talk about 388 00:20:55,720 --> 00:20:58,159 Speaker 1: a spotlight, right, I mean, like you never have an 389 00:20:58,160 --> 00:21:02,200 Speaker 1: opportunity like this, and and a real question is a real, 390 00:21:02,480 --> 00:21:04,760 Speaker 1: real spotlight on herschel Walker. How's he going to perform 391 00:21:04,800 --> 00:21:06,840 Speaker 1: on that? Right? I mean, he he did better than 392 00:21:06,880 --> 00:21:09,320 Speaker 1: most people thought he was gonna do through this election, 393 00:21:09,720 --> 00:21:11,520 Speaker 1: and he made it a real go, right. I mean, 394 00:21:11,520 --> 00:21:13,840 Speaker 1: this is a really tight election, so you have to 395 00:21:13,840 --> 00:21:16,239 Speaker 1: give him some credit. But like this is it, Right, 396 00:21:16,240 --> 00:21:19,160 Speaker 1: We're gonna spend a month doing nothing but seeing and 397 00:21:19,200 --> 00:21:22,240 Speaker 1: hearing everything that man says, what he does, and how 398 00:21:22,280 --> 00:21:24,719 Speaker 1: he lived his life and what his reactions, and by 399 00:21:24,720 --> 00:21:28,760 Speaker 1: the way, a lot more than the incumbent, uh Raphael Warnock, 400 00:21:28,840 --> 00:21:31,719 Speaker 1: because like we already know him, right, he's been vetted, 401 00:21:31,840 --> 00:21:33,840 Speaker 1: he's been in the in Senate for a couple of 402 00:21:33,880 --> 00:21:36,520 Speaker 1: years and and he's just not as interesting a character 403 00:21:36,880 --> 00:21:39,680 Speaker 1: as herschel Walker and so you know, waking up every 404 00:21:39,680 --> 00:21:42,680 Speaker 1: morning to herschel Walker Cereal is going to be really interesting. 405 00:21:42,880 --> 00:21:47,919 Speaker 1: My god, I presume it involves badges. I don't know, 406 00:21:47,960 --> 00:21:50,040 Speaker 1: maybe some NASCAR if you could get you know, a 407 00:21:50,119 --> 00:21:53,800 Speaker 1: NASCAR endorsement and really get this Ricky Bobby thing together, Genie, 408 00:21:53,800 --> 00:21:57,040 Speaker 1: it might go somewhere. That's right, Maybe go meet Billy 409 00:21:57,119 --> 00:21:59,399 Speaker 1: House at that waffle Head. Right. The fact of the 410 00:21:59,400 --> 00:22:01,399 Speaker 1: matter is the he had Tom Cotton there, he had 411 00:22:01,440 --> 00:22:04,720 Speaker 1: Lindsey Graham there. Everybody showed up form Rick Scott and 412 00:22:04,800 --> 00:22:06,840 Speaker 1: he doesn't look like a candidate who is mired in 413 00:22:06,960 --> 00:22:09,560 Speaker 1: scandal if you look at these numbers. No, he doesn't. 414 00:22:09,600 --> 00:22:11,879 Speaker 1: And you know, the challenge I think from the Democratic 415 00:22:11,960 --> 00:22:15,399 Speaker 1: perspective is, you know, there is always a concern that 416 00:22:15,440 --> 00:22:18,080 Speaker 1: if Democrats had a better than expected night, do voters 417 00:22:18,119 --> 00:22:21,400 Speaker 1: want to get out again? Whereas Republicans may feel, hey, 418 00:22:21,520 --> 00:22:23,720 Speaker 1: we didn't perform the way we wanted to, were a 419 00:22:23,720 --> 00:22:26,960 Speaker 1: little bit in the whole. Potentially are we more motivated 420 00:22:27,000 --> 00:22:29,159 Speaker 1: to get out there? So if this is really a 421 00:22:29,160 --> 00:22:31,639 Speaker 1: push for turnout, both sides are going to have to 422 00:22:31,720 --> 00:22:34,320 Speaker 1: bring out you know, they're big weapons, and I think 423 00:22:34,320 --> 00:22:36,159 Speaker 1: in Georgia. On the Democratic side, that's going to be 424 00:22:36,160 --> 00:22:38,920 Speaker 1: Barack Obama. And let's not forget there was a libertarian 425 00:22:38,960 --> 00:22:42,719 Speaker 1: candidate in there who got about one votes, Chase Oliver. 426 00:22:42,880 --> 00:22:45,479 Speaker 1: So the question is where did those votes go? And 427 00:22:45,560 --> 00:22:47,720 Speaker 1: that is an open question. Coming up, we'll talk more 428 00:22:47,760 --> 00:22:50,240 Speaker 1: about some of the other races that have yet to 429 00:22:50,280 --> 00:22:53,720 Speaker 1: be called, and by that I mean Arizona and Boy, 430 00:22:53,760 --> 00:22:55,920 Speaker 1: I'll tell you what Carrie Link is laying it down. 431 00:22:55,920 --> 00:22:58,199 Speaker 1: We'll let you know what she said last evening. She 432 00:22:58,280 --> 00:23:01,359 Speaker 1: said she spoke with God out the outcome of her race. 433 00:23:01,800 --> 00:23:05,359 Speaker 1: And we'll get into the leadership challenge in the House. 434 00:23:05,440 --> 00:23:08,119 Speaker 1: Is this Kevin McCarthy's gavel or not? Emily Wilkins is 435 00:23:08,119 --> 00:23:13,159 Speaker 1: on the way. This is Bloomberg. You're listening to Bloomberg 436 00:23:13,200 --> 00:23:19,800 Speaker 1: who sound on with Joe Matthew on Bloomberg Radio. As 437 00:23:19,800 --> 00:23:21,920 Speaker 1: you've been hearing over the course of the hour, nothing 438 00:23:21,960 --> 00:23:25,439 Speaker 1: has been called, not the Senate or the House. So 439 00:23:25,480 --> 00:23:28,520 Speaker 1: why is Kevin McCarthy declaring victory the night before? He 440 00:23:28,640 --> 00:23:32,320 Speaker 1: was out there at two o'clock in the morning Eastern time. 441 00:23:32,520 --> 00:23:36,360 Speaker 1: It is clear that we are gonna take the house 442 00:23:36,800 --> 00:23:48,280 Speaker 1: back in New York. We defeated the Democrat campaign chairman, 443 00:23:48,720 --> 00:23:57,920 Speaker 1: Sean Patrick Sean Patrick Maloney, which will be the first 444 00:23:57,960 --> 00:24:00,920 Speaker 1: time in over forty years a deep triple C chair 445 00:24:01,440 --> 00:24:04,479 Speaker 1: lost his reelection. And that part is true. The question is, well, 446 00:24:04,520 --> 00:24:06,240 Speaker 1: who else is gonna lose here and what is the 447 00:24:06,480 --> 00:24:09,320 Speaker 1: actual balance going to be in the House with still 448 00:24:09,359 --> 00:24:13,480 Speaker 1: a path at this point for Democrats to keep the House. 449 00:24:13,800 --> 00:24:17,679 Speaker 1: It's unlikely, but it's possible. And now this is bringing 450 00:24:17,720 --> 00:24:21,800 Speaker 1: in the whole idea of a challenge to Kevin McCarthy's 451 00:24:21,800 --> 00:24:25,840 Speaker 1: potential leadership here because as they say, Emily Wilkins, they 452 00:24:25,880 --> 00:24:28,920 Speaker 1: smell blood in the water. Emily, is great to see 453 00:24:28,960 --> 00:24:30,800 Speaker 1: you back from Bloomberg. Government has also been up for 454 00:24:30,800 --> 00:24:33,000 Speaker 1: two days straight or something like that. You cover the leadership, 455 00:24:33,040 --> 00:24:36,000 Speaker 1: this is your specialty. Kevin McCarthy thought this would be 456 00:24:36,040 --> 00:24:39,480 Speaker 1: a layup. He even decided to declare victory or claim 457 00:24:39,600 --> 00:24:43,600 Speaker 1: victory prematurely. Is he going to be the person holding 458 00:24:43,600 --> 00:24:46,000 Speaker 1: the gavel if Republicans take the House or is Steve 459 00:24:46,040 --> 00:24:48,800 Speaker 1: Scalise making phone calls right now among others. Well, at 460 00:24:48,800 --> 00:24:51,320 Speaker 1: this point we know that Steve Scalise has already sent 461 00:24:51,359 --> 00:24:52,919 Speaker 1: out a message to all of his colleagues saying, hey, 462 00:24:52,920 --> 00:24:55,119 Speaker 1: I'm going to run for that number two spot. So 463 00:24:55,200 --> 00:24:57,520 Speaker 1: he clearly doesn't think that he has what he needs 464 00:24:57,600 --> 00:25:01,120 Speaker 1: right now to put out a viable challenge to McCarthy. 465 00:25:01,160 --> 00:25:03,000 Speaker 1: And from the folks who I've talked with today, there 466 00:25:03,040 --> 00:25:05,800 Speaker 1: are a lot who say, you know, McCarthy has led 467 00:25:05,880 --> 00:25:07,959 Speaker 1: us through to this point, we're not quite sure who 468 00:25:07,960 --> 00:25:10,440 Speaker 1: another challenger will be. Doesn't mean that one's not going 469 00:25:10,480 --> 00:25:13,520 Speaker 1: to emerge, but at this point, at the end of today, 470 00:25:14,000 --> 00:25:15,920 Speaker 1: it does seem like there's a path forward to Kevin 471 00:25:16,000 --> 00:25:19,359 Speaker 1: McCarthy still holding that gavel. The question becomes what is 472 00:25:19,400 --> 00:25:22,280 Speaker 1: he going to have to sacrifice to get it? Because 473 00:25:22,320 --> 00:25:26,119 Speaker 1: there are rules that govern how the legislative process works, 474 00:25:26,119 --> 00:25:28,920 Speaker 1: how power works. Those are all going to be decided 475 00:25:28,960 --> 00:25:31,440 Speaker 1: in the next couple of weeks, and the far right 476 00:25:31,480 --> 00:25:34,520 Speaker 1: House Freedom Caucus has already come up with their demands. 477 00:25:35,119 --> 00:25:37,720 Speaker 1: They want more power, they want McCarthy to give it 478 00:25:37,760 --> 00:25:39,920 Speaker 1: to them. And if there's not some sort of give 479 00:25:39,960 --> 00:25:43,440 Speaker 1: and take here that might thing make things really really 480 00:25:43,440 --> 00:25:46,800 Speaker 1: complicated for any McCarthy speakership, then what what kind of 481 00:25:46,840 --> 00:25:50,480 Speaker 1: influence would he have if he essentially trades places with 482 00:25:50,560 --> 00:25:54,840 Speaker 1: Nancy Pelosi gets a majority of say five seats, still 483 00:25:54,920 --> 00:25:57,840 Speaker 1: has a Democratic president. The other round of Pennsylvania Avenue 484 00:25:57,840 --> 00:26:00,600 Speaker 1: doesn't really matter what happens in the Senate. In that world, 485 00:26:01,200 --> 00:26:04,080 Speaker 1: he's not getting a lot done right, a lot of messaging. Well, 486 00:26:04,080 --> 00:26:06,600 Speaker 1: when you ask Republicans what they wanted to do with 487 00:26:06,680 --> 00:26:09,120 Speaker 1: control of the House, the thing that they always pivoted 488 00:26:09,119 --> 00:26:12,640 Speaker 1: to his investigations. And he can do as many investigators. 489 00:26:12,640 --> 00:26:14,959 Speaker 1: He can do as many investigations as he wants with 490 00:26:14,960 --> 00:26:17,960 Speaker 1: two eighteen members, as long as he has control of 491 00:26:18,000 --> 00:26:20,560 Speaker 1: the chairs. They can go after Hunter Biden. They can 492 00:26:20,560 --> 00:26:22,960 Speaker 1: go after immigration, they can go after the origins of 493 00:26:23,000 --> 00:26:26,320 Speaker 1: COVID nineteen. There's such a laundry list there, but they 494 00:26:26,400 --> 00:26:28,159 Speaker 1: can do it. That can be a thing that they do. 495 00:26:28,240 --> 00:26:31,439 Speaker 1: The question, of course, becomes those narrow margins. What happens 496 00:26:31,440 --> 00:26:34,480 Speaker 1: when you hit that must pass legislation, What happens when 497 00:26:34,520 --> 00:26:37,000 Speaker 1: you hit the debt sailing, what happens when you need 498 00:26:37,040 --> 00:26:39,840 Speaker 1: to pass government spending bills? Those things. You have a 499 00:26:39,840 --> 00:26:43,240 Speaker 1: caucus that you can't necessarily keep together on issues like 500 00:26:43,400 --> 00:26:45,280 Speaker 1: I mean, you have the House Freedom Caucus. They they 501 00:26:45,600 --> 00:26:49,760 Speaker 1: are inviting new potential members to an orientation and they 502 00:26:49,800 --> 00:26:52,280 Speaker 1: have all these little modules for them to attend, and 503 00:26:52,359 --> 00:26:56,080 Speaker 1: one of them is a big policy upcoming issues and 504 00:26:56,119 --> 00:26:58,199 Speaker 1: they actually say, like, this is how we're going to 505 00:26:58,240 --> 00:27:01,720 Speaker 1: teach you how you can use these debates to leverage 506 00:27:01,760 --> 00:27:06,800 Speaker 1: to get conservative priorities passed. And so they they're they're 507 00:27:06,800 --> 00:27:08,639 Speaker 1: gearing up for a fight. Here are you invited to 508 00:27:08,680 --> 00:27:13,040 Speaker 1: the orientation? I mean, I'm always welcome to stand outside 509 00:27:13,040 --> 00:27:17,440 Speaker 1: of whatever room. That's a little bit different. Um, when 510 00:27:17,480 --> 00:27:19,640 Speaker 1: do we know? When do we find out the house? 511 00:27:19,680 --> 00:27:22,200 Speaker 1: I mean I realized we have a number of races 512 00:27:22,240 --> 00:27:24,600 Speaker 1: that have yet to be called. When does Kevin McCarthy 513 00:27:24,600 --> 00:27:27,280 Speaker 1: get to say that with authority? So my crystal ball 514 00:27:27,359 --> 00:27:31,800 Speaker 1: is currently broken in the shop and there since about um, 515 00:27:32,520 --> 00:27:36,240 Speaker 1: I mean McCarthy was saying at two am that, like 516 00:27:36,280 --> 00:27:37,840 Speaker 1: when we all woke up in the morning, that it 517 00:27:37,840 --> 00:27:40,800 Speaker 1: would be called. And if you have Kevin McCarthy making 518 00:27:40,800 --> 00:27:43,720 Speaker 1: claims like that which you know hours later reproved untrue, 519 00:27:44,320 --> 00:27:46,639 Speaker 1: I mean, California is going to take a while. We 520 00:27:46,720 --> 00:27:49,400 Speaker 1: knew that Oregon is going to take a while. Oregon's 521 00:27:49,440 --> 00:27:51,960 Speaker 1: fifth that's one that Republicans think that they are going 522 00:27:52,000 --> 00:27:55,360 Speaker 1: to be able to pick up Washington, Alaska. I mean, 523 00:27:55,400 --> 00:27:57,120 Speaker 1: these are all ones that are going to take a while. 524 00:27:57,160 --> 00:27:59,520 Speaker 1: I mean certainly, like I feel like I hope, and 525 00:27:59,560 --> 00:28:01,920 Speaker 1: you hope, and everyone who's trying to figure this out 526 00:28:01,920 --> 00:28:04,919 Speaker 1: in DC hopes that it's sooner rather than later. But 527 00:28:05,000 --> 00:28:07,600 Speaker 1: it could have really take sometimes more days at least 528 00:28:07,600 --> 00:28:10,280 Speaker 1: maybe by this weekend we have a sense maybe maybe 529 00:28:10,280 --> 00:28:14,200 Speaker 1: by I mean like election was called on on a Saturday, 530 00:28:14,359 --> 00:28:16,920 Speaker 1: just crashing into everyone's weekend like that. So so you're 531 00:28:16,960 --> 00:28:19,320 Speaker 1: not making you're not you're not, you're penciling in plans 532 00:28:19,320 --> 00:28:22,679 Speaker 1: for this weekend. Emily, thank you. It's great to see you. 533 00:28:22,800 --> 00:28:25,679 Speaker 1: Happy election day day after even though election days technical 534 00:28:25,960 --> 00:28:29,560 Speaker 1: election week, absolutely happy election week. As we reassemble the panel, 535 00:28:29,560 --> 00:28:30,919 Speaker 1: I want to hear from Rick and Genie on this, 536 00:28:31,320 --> 00:28:35,159 Speaker 1: uh the idea of a speaker McCarthy, what a Republicans 537 00:28:35,160 --> 00:28:37,359 Speaker 1: saying here, Rick, because there's a lot of different reporting 538 00:28:37,359 --> 00:28:40,600 Speaker 1: about who might be, uh, the other potential speaker in 539 00:28:40,600 --> 00:28:43,160 Speaker 1: waiting to Steve scalise make that run. Yeah, I think 540 00:28:43,200 --> 00:28:46,400 Speaker 1: if there is a run, it's probably Steve Scalise. Um. 541 00:28:46,800 --> 00:28:51,760 Speaker 1: Everybody else sort of lowers their threshold of desirability, you know, 542 00:28:52,000 --> 00:28:56,600 Speaker 1: quantity significantly past Steve Scalise. The other thing that might happen, 543 00:28:56,640 --> 00:28:59,440 Speaker 1: and we've seen this happen before, is McCarthy could run 544 00:29:00,000 --> 00:29:02,160 Speaker 1: and potentially even get elected, but not get a mandate 545 00:29:02,200 --> 00:29:04,400 Speaker 1: from his own caucus and quit, right. I mean, like 546 00:29:04,480 --> 00:29:07,440 Speaker 1: that's how he got elected speaker. They went through like 547 00:29:07,600 --> 00:29:10,560 Speaker 1: three different or not speaker, but majority. They went through 548 00:29:10,600 --> 00:29:13,560 Speaker 1: like three different guys before they got damn so um. 549 00:29:13,600 --> 00:29:17,680 Speaker 1: These elections are messy affairs and uh, and so they'll 550 00:29:17,720 --> 00:29:21,920 Speaker 1: be campaigns waged to beat him up a bit. Whether 551 00:29:22,000 --> 00:29:24,760 Speaker 1: or not that means uh Schoez can take advantage of 552 00:29:24,760 --> 00:29:26,680 Speaker 1: it or not is yet to be seen. But I 553 00:29:26,720 --> 00:29:29,920 Speaker 1: think that it's worth watching this space because I don't 554 00:29:29,960 --> 00:29:33,400 Speaker 1: think there's anything decided at this stage. Speaking of races, 555 00:29:33,520 --> 00:29:38,080 Speaker 1: not calls. We have to go to Arizona. Uh, we're 556 00:29:38,120 --> 00:29:40,160 Speaker 1: waiting for the Senate. We're waiting for the governor's race 557 00:29:40,200 --> 00:29:42,760 Speaker 1: to be called as well, and carry like the Republican 558 00:29:42,800 --> 00:29:45,960 Speaker 1: of course, who was behind the last time I saw 559 00:29:45,960 --> 00:29:49,640 Speaker 1: the numbers, at least behind Katie Hobbs doesn't care. You know, 560 00:29:49,720 --> 00:29:52,120 Speaker 1: I did a lot of praying to God. I've been 561 00:29:52,160 --> 00:29:55,600 Speaker 1: praying to God every day all day and I said 562 00:29:55,640 --> 00:29:58,800 Speaker 1: to him, you make this victory come whatever way you want. 563 00:29:59,600 --> 00:30:03,080 Speaker 1: If it comes decisive on election day, then bring it 564 00:30:03,120 --> 00:30:06,040 Speaker 1: to us that way. If we have to fight through 565 00:30:06,200 --> 00:30:08,520 Speaker 1: the bs and the garbage, then we will fight through 566 00:30:08,560 --> 00:30:13,719 Speaker 1: the b s and the garbage. But how do you 567 00:30:13,800 --> 00:30:18,240 Speaker 1: get fair and free elections? You have to fight and 568 00:30:18,280 --> 00:30:22,840 Speaker 1: win to make them fair and free. And we needed 569 00:30:22,880 --> 00:30:27,320 Speaker 1: another stark reminder that we have incompetent people running the 570 00:30:27,320 --> 00:30:30,760 Speaker 1: show in Arizona. Okay, So there, now we're getting to 571 00:30:30,880 --> 00:30:32,600 Speaker 1: the heart of the matter here. We're gonna be bogged 572 00:30:32,640 --> 00:30:35,520 Speaker 1: down no matter how this ends in lawsuits. That's right. 573 00:30:35,680 --> 00:30:38,360 Speaker 1: I'm just looking now, sixty of the vote and it's 574 00:30:38,400 --> 00:30:42,000 Speaker 1: been like sixty six sixty seven all day, and they 575 00:30:42,000 --> 00:30:44,840 Speaker 1: are it looks like to me within you know, nine 576 00:30:44,920 --> 00:30:49,040 Speaker 1: oh six to nine ten, Katie has narrowly, narrowly has it. 577 00:30:49,200 --> 00:30:51,640 Speaker 1: And as Rick has told us many times, they're gonna 578 00:30:51,640 --> 00:30:53,120 Speaker 1: have a trench of votes out. I think at like 579 00:30:53,160 --> 00:30:59,600 Speaker 1: seven pm, one one dump and Carrie Lake could definitely 580 00:30:59,680 --> 00:31:01,600 Speaker 1: go for But this thing is going to go on 581 00:31:01,680 --> 00:31:03,640 Speaker 1: for several days and then of course you have you know, 582 00:31:04,080 --> 00:31:06,800 Speaker 1: you know, a contest that go on and certifications and 583 00:31:06,840 --> 00:31:09,920 Speaker 1: all those kinds of things. But she's gonna fight because 584 00:31:10,000 --> 00:31:13,640 Speaker 1: God told her too, and she's gonna fight to win. Joe, 585 00:31:13,760 --> 00:31:17,160 Speaker 1: she says, the tabulators or whatever something we're working that 586 00:31:17,240 --> 00:31:20,120 Speaker 1: we we already that's been debunked essentially, Rick, But this 587 00:31:20,160 --> 00:31:21,920 Speaker 1: is gonna be a fraud case no matter what, right, 588 00:31:22,320 --> 00:31:25,560 Speaker 1: well unless she wins, right and I don't know, my God, Yeah, 589 00:31:25,600 --> 00:31:28,640 Speaker 1: but she won't investigate it. Yeah. Look, I mean, they've 590 00:31:28,680 --> 00:31:30,640 Speaker 1: got almost a half a million votes still left to 591 00:31:30,640 --> 00:31:32,239 Speaker 1: be counted in a bunch of them are gonna come 592 00:31:32,240 --> 00:31:35,800 Speaker 1: out tonight. And what's really hilarious is these are drop boxes, 593 00:31:36,000 --> 00:31:38,320 Speaker 1: the same drop boxes that they were trying to keep 594 00:31:38,400 --> 00:31:41,040 Speaker 1: people from running ballots in, and so she could wind 595 00:31:41,080 --> 00:31:44,720 Speaker 1: up being the recipient, if not maybe even the loser 596 00:31:45,000 --> 00:31:48,200 Speaker 1: because of people getting driven away from these drop boxes. 597 00:31:48,240 --> 00:31:51,080 Speaker 1: So it's, uh, it's it's just a quirk in the system. 598 00:31:51,280 --> 00:31:53,840 Speaker 1: We heard so much about drop boxes and and even 599 00:31:53,840 --> 00:31:56,280 Speaker 1: the Justice Department getting involved, and now it's all coming 600 00:31:56,320 --> 00:31:58,440 Speaker 1: down to those ballots that were stuffed in the drop box. 601 00:31:58,480 --> 00:32:00,680 Speaker 1: You mentioned the come to Jesus yes today that we're 602 00:32:00,680 --> 00:32:03,120 Speaker 1: going to have over all of this. When does the 603 00:32:03,120 --> 00:32:06,280 Speaker 1: Republican Party have a come to Jesus with the Lakes 604 00:32:06,360 --> 00:32:09,280 Speaker 1: and Trumps who are telling voters not to take advantage 605 00:32:09,320 --> 00:32:10,880 Speaker 1: of this rick. Well, you know, part of it's gonna 606 00:32:10,880 --> 00:32:12,880 Speaker 1: start at the top. I mean Ron McDaniels had a 607 00:32:12,960 --> 00:32:15,000 Speaker 1: the chairman of the Republican Party, had a conference call 608 00:32:15,120 --> 00:32:17,680 Speaker 1: with their members today all around the country and said, oh, 609 00:32:17,720 --> 00:32:20,600 Speaker 1: this is a great outcome. And I the ones I 610 00:32:20,640 --> 00:32:23,360 Speaker 1: heard from were scratching head, going what planet does that 611 00:32:23,400 --> 00:32:26,160 Speaker 1: woman live on? So, I mean, I think it's again. 612 00:32:26,320 --> 00:32:28,840 Speaker 1: I mean, the party is very hierarchical. They're gonna wanna 613 00:32:29,040 --> 00:32:30,880 Speaker 1: get a signal from the top, and that wasn't a 614 00:32:30,920 --> 00:32:33,479 Speaker 1: signal they thought they were gonna get. So the party's 615 00:32:33,520 --> 00:32:35,480 Speaker 1: in a bit of a turmoil right now, I would say, 616 00:32:35,560 --> 00:32:38,280 Speaker 1: and leadership is gonna matter. And frankly, the only person 617 00:32:38,320 --> 00:32:40,440 Speaker 1: who came out of this, you know, smelling like a rose, 618 00:32:40,560 --> 00:32:44,200 Speaker 1: was Governor to Santos, who had the best time and 619 00:32:44,200 --> 00:32:48,320 Speaker 1: and you unbelievable returns in Florida and turning that state red. 620 00:32:48,360 --> 00:32:50,440 Speaker 1: So let's get to that matter. Then let's let me 621 00:32:50,440 --> 00:32:52,520 Speaker 1: ask you about Donald Trump. He's got this thing set 622 00:32:52,560 --> 00:32:57,160 Speaker 1: for next week November Mara Lago. But again, as I mentioned, 623 00:32:57,200 --> 00:33:01,160 Speaker 1: blood in the water, Genie, does that clear the field 624 00:33:01,480 --> 00:33:05,000 Speaker 1: or does it? Ted cruise or run the Santas say, 625 00:33:05,040 --> 00:33:07,320 Speaker 1: you know what, No, I'm gonna I'm gonna run against you. 626 00:33:07,800 --> 00:33:10,400 Speaker 1: I think we're going to see a battle here. Um. 627 00:33:10,600 --> 00:33:13,560 Speaker 1: You know, maybe would not so much had the night 628 00:33:13,640 --> 00:33:17,360 Speaker 1: gone differently for Donald Trump. But as Rick was just saying, 629 00:33:17,480 --> 00:33:20,040 Speaker 1: what did we see last night, we did see a wave. 630 00:33:20,160 --> 00:33:23,600 Speaker 1: That wave was run to Santis in Florida. He won 631 00:33:23,720 --> 00:33:26,960 Speaker 1: Miami Day. It's been you know what twenty years since 632 00:33:27,000 --> 00:33:29,840 Speaker 1: Republicans have taken that. He took the Hispanic vote down there. 633 00:33:30,080 --> 00:33:33,120 Speaker 1: That's a huge accomplishment for the Republicans down there. That 634 00:33:33,280 --> 00:33:35,840 Speaker 1: is a red state required so you can win the 635 00:33:35,840 --> 00:33:39,280 Speaker 1: electoral College or almost required. And now you've got, you know, 636 00:33:39,360 --> 00:33:42,560 Speaker 1: Donald Trump with all of these losers that he supported 637 00:33:42,800 --> 00:33:45,480 Speaker 1: and so that you know, but but still remains the 638 00:33:45,520 --> 00:33:48,200 Speaker 1: head of the party and really popular with the base. 639 00:33:48,600 --> 00:33:51,240 Speaker 1: So there's gonna be a fight, and you know, then 640 00:33:51,280 --> 00:33:53,840 Speaker 1: you add in other people like Greg Abbott. He had 641 00:33:53,880 --> 00:33:56,840 Speaker 1: a pretty good night. Brian Kemp had back off Rick. 642 00:33:56,960 --> 00:33:59,760 Speaker 1: If Donald Trump announces next week or is this Trump? 643 00:34:00,080 --> 00:34:02,160 Speaker 1: This the future of the Republican Party of the governors. 644 00:34:02,680 --> 00:34:04,600 Speaker 1: So we're gonna get together and decide what they're gonna 645 00:34:04,600 --> 00:34:07,880 Speaker 1: do about Donald Trump and watch DeSantis in the meantime, right, amazing, 646 00:34:08,120 --> 00:34:11,640 Speaker 1: You guys gonna get some rest. Say yes, Rick and 647 00:34:11,760 --> 00:34:14,520 Speaker 1: Jeannie the best panel in the business. Thanks again. We'll 648 00:34:14,560 --> 00:34:16,920 Speaker 1: do it again tomorrow in the fastest hour in politics. 649 00:34:17,080 --> 00:34:19,400 Speaker 1: Maybe some races will be called. This is Bloomberg.