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Speaker 3: The news flow has been incessant is we await a
Speaker 3: vice presidential selection from Donald Trump and continue to assess
Speaker 3: the aftermath of the attempted assassination of the former president
Speaker 3: over At the weekend, we also got more news in
Speaker 3: legal land news that maybe favors Donald Trump as well
Speaker 3: as the document's case in Florida, Judge Aileen Cannon presiding
Speaker 3: over it has now been thrown out by that judge
Speaker 3: on the grounds that the appointment of Jack Smith, the
Speaker 3: special counsel who brought the case, was appointed unconstitutionally. So
Speaker 3: let's go now to Bloomberg Sarah Ford and who leads
Speaker 3: our legal coverage out of Washington. Sarah, how unexpected was this?
Speaker 3: Snowing that, yes, Elin Cannon had been criticized for slow
Speaker 3: walking this case. We knew it probably wasn't going to
Speaker 3: go to trial before the election, but to throw it
Speaker 3: out entirely was this expected.
Speaker 1: Well, she had been briefing on this topic, she had
Speaker 1: held hearings, and then she got a fundamental support from
Speaker 1: the opinion just two weeks ago in the Supreme Court
Speaker 1: decision on Immunity, where Justice Clarence Thomas specifically raised this
Speaker 1: question of the constitutionality of the Special Council, and her
Speaker 1: opinion cites his opinion, So that is kind of the
Speaker 1: connection here. The ruling today did come as quite a surprise.
Speaker 4: However, Sarah, it's Joe. It's great to have you with
Speaker 4: us here as we join you from Milwaukee today. Let's
Speaker 4: get to the chase. Then, now that we've had this
Speaker 4: happen today, there will be no other trials for Donald
Speaker 4: Trump after New York.
Speaker 1: Right, we are not seeing any trials on the horizon,
Speaker 1: and at least not before November. This ruling does also
Speaker 1: raise a question for the January sixth case and whether
Speaker 1: that will become an issue in that case. But first
Speaker 1: more likely this whole question of the constitutionality of the
Speaker 1: Special Council is likely to head back to the Supreme Court,
Speaker 1: where at this point only Justice Clarence Thomas has raised
Speaker 1: this issue. But certainly there are other conservatives on the Court,
Speaker 1: whom may well agree with him.
Speaker 3: Well, and it's important Sarah to consider here. And we
Speaker 3: were discussing this with a member of the House Judiciary Committee,
Speaker 3: Congressman Victorious Parts earlier on the program. The suggestion that
Speaker 3: a special council's appointment may have not been in keeping
Speaker 3: with the constitutional duties of Congress to have some kind
Speaker 3: of role. Would that then throw into question, say, the
Speaker 3: special council that brought the case against the president, current
Speaker 3: president's son, Hunter Biden, David Weiss, Would it call into
Speaker 3: question special counsel her, who was investigating Biden's own handling
Speaker 3: of classified documents. Just how far this extent.
Speaker 1: So we're taking a look at all the other challenges
Speaker 1: to special counsels and the and the famous. You know,
Speaker 1: special councils have been used throughout American history to to
Speaker 1: review some of our most controversial situations. But in the
Speaker 1: case of David Weiss, the Hunter Biden special counsel, he
Speaker 1: was actually a US attorney who had been approved and
Speaker 1: confirmed by the Senate. So under her her reasoning, you know,
Speaker 1: he would be okay to continue his work. Her point
Speaker 1: was that Jack Smith was a private citizen. There's no,
Speaker 1: you know, basis for a private citizen to be kind
Speaker 1: of uh lobbed into a prosecutorial rule role unless Congress
Speaker 1: has explicitly either confirmed that person or passes a law
Speaker 1: saying that this is an acceptable role for a private citizen.
Speaker 4: M hm. So, Sarah, what's the next important stop on
Speaker 4: the road here in Donald Trump's legal journey? Is it
Speaker 4: sentencing in New York in September?
Speaker 1: Well, first of all, we are expecting Jack Smith to
Speaker 1: appeal this particular ruling, so there will very likely be
Speaker 1: more action in the Florida classified documents case. And I
Speaker 1: think there's a question over whether they are going to
Speaker 1: try to get Cannon removed from the case and start over. So,
Speaker 1: of course all that would take a lot of time.
Speaker 1: The next step in the hush money case in New
Speaker 1: York is for the District Attorney Bragg to respond to
Speaker 1: the immunity question there. We are expecting Judge Mishaan to
Speaker 1: hold hearings on that, So it's likely the sentence and
Speaker 1: could even be postponed longer.
Speaker 4: With US Live from Washington, Sarah, thank you Bloomberg. Sarah
Speaker 4: Forden here on balance of power. As we turn our
Speaker 4: attention back to the Republican National Convention here in Milwaukee.
Speaker 4: I'm Joe Matthew alongside Kaylee Lines with the column before
Speaker 4: the Convention. Joining us now Ashley Davis, former Homeland Security
Speaker 4: official and former White House official in the Bush forty
Speaker 4: three administration. Ashally, it's great to see you in Milwaukee.
Speaker 4: Thank you for joining us here at the table and
Speaker 4: for you're very busy throughout this week. We remind our
Speaker 4: viewers and listeners that you were the second person in
Speaker 4: the door at the brand new Department of Homeland Security.
Speaker 4: Of course, in the wake of nine to eleven, which
Speaker 4: was a game changer for security. What happened on Saturday,
Speaker 4: the attempted assassination of Donald Trump, will be a game changer.
Speaker 5: Again, I think so.
Speaker 6: I mean, actually, just so I don't insult any of
Speaker 6: my former colleagues, I was actually employee number one at
Speaker 6: the White House Office of Homeland Security after nine to eleven.
Speaker 6: Most forget that the department wasn't created until two thousand
Speaker 6: and three, which is very important these days because when
Speaker 6: the department was created is when they put in place
Speaker 6: the national Special Security Events, which is what the convention is.
Speaker 6: Both conventions are right now, so there's seventy five million
Speaker 6: dollars that have been given both the Republican Convention and
Speaker 6: the Democrat Convent, and for the Secret Service to take
Speaker 6: the lead with other agency security agencies to make sure
Speaker 6: that this facility, as well as Chicago, will be the
Speaker 6: very safe. I think the problem right now is the
Speaker 6: fact that do we have any confidence in the Secret Service,
Speaker 6: And so I think that would that's my question, but
Speaker 6: I will think you.
Speaker 4: Have to ask that openly.
Speaker 2: Is terrifying.
Speaker 5: Absolutely. I mean, what happened Saturday.
Speaker 6: First of all, it's where I grew up, so I
Speaker 6: know the area very very well. The fact that there's
Speaker 6: very limited and I'm sure you've heard this many times
Speaker 6: and so there's your viewers, there's very limited buildings there.
Speaker 6: So the fact that there was, you know, a football
Speaker 6: field and a half that this person is really what
Speaker 6: it is away from the President. And this morning I
Speaker 6: saw that the Secret Service is still blaming local law enforcement,
Speaker 6: which to me, one we have to remember the Secret
Speaker 6: Service or the people that actually put the perimeter in place.
Speaker 6: And two they cannot say that this is the local
Speaker 6: law enforcement's fault. It is a major security of breach
Speaker 6: that stops at the top of the Secret Service.
Speaker 3: Well, it also raises the question as to when that
Speaker 3: breach should have potentially been intercepted, if it really was
Speaker 3: physically at the location, that that individual shouldn't have been
Speaker 3: able to access the roof with a semi automatic rifle,
Speaker 3: or is it a failure in intelligence gathering before that
Speaker 3: the idea that there could have been this threat out
Speaker 3: there against Donald Trump that wasn't accurately assessed. I guess
Speaker 3: just where in the process is the flaw.
Speaker 6: I think it's actually I think that planning number one,
Speaker 6: that there wasn't someone on that building when it was
Speaker 6: that close there should be and usually, just in my
Speaker 6: former life doing so many events with presidential events, you
Speaker 6: have people in all those buildings. So the fact that
Speaker 6: someone was not on that building and then took time
Speaker 6: to climb up the building, I think that it started
Speaker 6: beforehand and planning and not having someone there to answer
Speaker 6: your question, But I also think the fact that they
Speaker 6: left that amount of time to have during the actual
Speaker 6: event is where it really broke down. But I think
Speaker 6: it's a long process. And going back to your other
Speaker 6: question about the intelligence before the event, there is so
Speaker 6: much intelligence happening always, but especially now in this devisive
Speaker 6: world that we live in, that there are so many
Speaker 6: threats against both of these candidates.
Speaker 5: That are just sort through exactly.
Speaker 6: But still, that's why you put these people on top
Speaker 6: of these buildings so it wouldn't happen.
Speaker 5: And the other thing that.
Speaker 6: Was just crazy to me and a bunch of former
Speaker 6: Secret Service people were saying it today as well, is
Speaker 6: the fact that they let him. It's an iconic photo
Speaker 6: what happened of him standing up, and that's amazing, But
Speaker 6: there could have been three shooters, even though the one
Speaker 6: was dead.
Speaker 4: At that point in itself. Was a failure.
Speaker 5: Absolutely.
Speaker 6: I mean, I think this is going to be the
Speaker 6: I can't imagine what's going to happen with the investigative
Speaker 6: people at the Department of Homeland Security Inspector General will
Speaker 6: do a report on this and see what happened.
Speaker 5: I mean, it's a major failure.
Speaker 4: Is it time to rethink this entire apparatus? Kayley mentions
Speaker 4: we spent time with Congresswomen's Sports earlier and I asked
Speaker 4: her if it's time to renew this debate over whether
Speaker 4: members of Congress should have security details. I don't know
Speaker 4: if that would be part of the Secret Service or
Speaker 4: part of the Capitol Police. I know it would come
Speaker 4: at extreme cost, but to your point, the threats continue to.
Speaker 6: Increase absolutely, and if you talk to any members of Congress,
Speaker 6: they're really nervous right now.
Speaker 4: We have a we'red to do that or can we
Speaker 4: afford not to do that?
Speaker 6: Look what we spend money on, So I would think
Speaker 6: that we definitely can afford if it's a priority. I
Speaker 6: don't think that you would probably do secret service. I mean,
Speaker 6: obviously there's Capital Police that do the Speaker of the
Speaker 6: House and majority minority leader in the Senate, so I
Speaker 6: think you would. There's still different levels of security with
Speaker 6: the Secretary of State is actually security through the Secretary
Speaker 6: of State. The Treasury Secretary is through that. It's not
Speaker 6: all secret service, So you may be able to do
Speaker 6: different security. I mean, if I was a member of
Speaker 6: Congress right now with a high enough profile, I would
Speaker 6: be outsourcing my own security through my campaign money.
Speaker 3: Well, think of Senator Mitt Romney who has had to
Speaker 3: fund his own security for him and his family. This
Speaker 3: is a very real thing. So as we consider the
Speaker 3: security of ourselves right now, as we are in Milwaukee
Speaker 3: for the Republican Convention, we all have had to contend
Speaker 3: with I'm sure at this point the perimeter and maybe
Speaker 3: have had some items confiscated in the case of my
Speaker 3: aluminum water bottle, even though it was empty. So for
Speaker 3: anyone who's entering the perimeter here in Milwaukee, don't bring
Speaker 3: your water bottles. But the point is we're here for
Speaker 3: the Republican Convention, which in many ways is likely to
Speaker 3: change in tone this week as a result of what happened.
Speaker 3: But there are some things that still need to happen,
Speaker 3: including the selection of the vice president. We're expecting it's
Speaker 3: going to come at some point today. Donald Trump has
Speaker 3: said as much, how did the events of the last
Speaker 3: forty eight hours change you're thinking about who it's likely
Speaker 3: to be.
Speaker 6: With his tone of unity and obviously President Biden's as well,
Speaker 6: but the president former President Trump's unity message. I would
Speaker 6: think that if Senator Vance was going to be the
Speaker 6: nominee that you may rethink that because of he's kind
Speaker 6: of a flamethrower in regards to some of the things
Speaker 6: he said, especially after what he said on Saturday. From
Speaker 6: what we all understand, we're going to hear this afternoon,
Speaker 6: late afternoon about the vice presidential candidate. I personally think
Speaker 6: if you have someone like Governor Burgham or Governor Younkin
Speaker 6: from West or West Virginia, Virginia.
Speaker 5: That they are probably.
Speaker 6: Someone that are more middle of the road in regards
Speaker 6: to how they talk about different things and would be
Speaker 6: a safer bet in my opinion.
Speaker 5: And I really don't think that he did.
Speaker 6: Know who it was going to be until recently, and
Speaker 6: I definitely think that this would change his.
Speaker 4: Perception Reuters. I think that Marco Rubio has been informed
Speaker 4: that he is not going to be Donald Trump's vice president,
Speaker 4: and so now we're going to go through this process
Speaker 4: of elimination all day. It would be classic Trump for
Speaker 4: this to be no one from the short list, totally
Speaker 4: right that he had us off the set the whole.
Speaker 6: Time, which is why there is a kind of a
Speaker 6: swelling of information about Governor Junkin. And then you still
Speaker 6: have people that are thinking, well, was it going to
Speaker 6: be Niki? And I do think that there is a possibly.
Speaker 4: Relot it for them body Nikki Haley, would you say,
Speaker 4: are you allowing for that?
Speaker 5: I would love it to be Nikki, as you know.
Speaker 6: Yeah, but I'm also a huge Dug Burghum fan, So
Speaker 6: but I do agree with you. I mean, this is
Speaker 6: kind of his thing to make it nobody that he's
Speaker 6: talking about. But that's interesting about Rubyo. A lot of
Speaker 6: people were hoping that as well.
Speaker 3: But it doesn't have to move now, Well, that was
Speaker 3: the question. They're both Florida men, So how do you
Speaker 3: get around that? Marko Ruby may have had to change
Speaker 3: his residency to another state. Again, this is just Reuter's
Speaker 3: reporting it. Bloomberg has not independently confirmed it, but it
Speaker 3: does feel kind of, if not the Apprentice, like the
Speaker 3: weakest link, like just a one by.
Speaker 5: One elimination exactly.
Speaker 6: The other thing that's interesting is there was a huge
Speaker 6: Twitter blow up today that JD Vance left his house
Speaker 6: in a motor k but it's been confirmed that that
Speaker 6: was secret that was not secret service, but VP motorcade
Speaker 6: that was from the governor of Ohio gave Jdvan some protection,
Speaker 6: which you probably need.
Speaker 4: So so what are your broader thoughts then? As we
Speaker 4: get into day one here the change in tone that
Speaker 4: we've already talked about Donald Trump rewriting the speech, is
Speaker 4: this going to feel or look different tonight than you expected?
Speaker 5: Absolutely?
Speaker 6: I mean, even him going back to reaching out to
Speaker 6: Nikki yesterday or on Saturday Sunday yesterday, I guess, and
Speaker 6: asking her to speak. I do think that there is
Speaker 6: a unity conversation. If you did see they did camp
Speaker 6: there was going to be a floor fight, so to
Speaker 6: speak about the abortion issue and the platform that how
Speaker 6: they changed the platform to say that they're going to
Speaker 6: let this up to the States, which obviously angered a
Speaker 6: lot of pro life people that they did cancel that
Speaker 6: floor fight. I do think that there's a lot of
Speaker 6: things that will not be happening in regards to kind
Speaker 6: of the contentious issues.
Speaker 5: His tone.
Speaker 6: Also, the campaign has been calling the speakers. Tim Scott
Speaker 6: speaking this evening I just heard, so he's probably not
Speaker 6: the VP candidate, I would think, but that they've asked
Speaker 6: all the speakers to not be talking about Saturday.
Speaker 5: In regards to.
Speaker 4: That last hire, yeah, we'll leave that, I guess to
Speaker 4: the former president on.
Speaker 5: Thursday exactly so.
Speaker 6: And I think someone said it really well today, when
Speaker 6: you were this close, like literally from dying and getting
Speaker 6: hit with a bullet, maybe maybe it's really has changed.
Speaker 3: A reminder of everyone's mortality. Ashley Davis, former Homeland Security official,
Speaker 3: you're listening.
Speaker 2: To the Bloomberg Balance of Power kens just Live weekdays
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Speaker 2: play Bloomberg eleven thirty.
Speaker 4: On a special edition of Balance of Power. Life from Milwaukee.
Speaker 4: I'm Joe Matthew alongside Kaylee Lines as we keep our
Speaker 4: eyes on Fiveser Forum, where Day one of the RNC
Speaker 4: is happening just a couple of blocks from where we're
Speaker 4: sitting here at Bloomberg TV and Radio in the field,
Speaker 4: and we assemble our political panel at this important moment.
Speaker 4: Rick Davis is with us right now, Stone Court Capital
Speaker 4: Partner alongside Geenie Shanzano, political science professor at Ionia University
Speaker 4: and senior Democracy Fellow at the Center for the Study
Speaker 4: of the Presidency and Congress. It's great to have both
Speaker 4: of you with us here. We're waiting on an announcement
Speaker 4: for a running mate. The clock is ticking here, Rick,
Speaker 4: what's happening behind closed doors right now? Because obviously Donald
Speaker 4: Trump knows who this is. What is the campaign doing
Speaker 4: to prepare this unveiling right now?
Speaker 7: Part of what's happening is that the would be vice
Speaker 7: president is meeting his team. There's a whole staff that's
Speaker 7: been built to take him or her from this venue
Speaker 7: onto a next three months of campaigning, and so it's
Speaker 7: not without its resources and whatnot. And then and then
Speaker 7: there's this last minute going through the speeches and making
Speaker 7: sure they're fine tuned. They're going to be spending a
Speaker 7: little bit of time when the delegates aren't in the
Speaker 7: hall to go and do their walkthroughs to see the
Speaker 7: stage for the first time. It's probably one of the
Speaker 7: things Donald Trump will do today, maybe right now. And
Speaker 7: so there's like administrative things, but by and large, there
Speaker 7: isn't much politics being done other than you know, the speeches.
Speaker 7: But they're also designing these moments. Right. The thing you
Speaker 7: remember from the conventions one or two emotional moments, you know,
Speaker 7: when the president walks in and sees the out for
Speaker 7: the first time, or the president of first lady, or
Speaker 7: you know, the candidate and his spouse, you know, have
Speaker 7: some kind of gesture or something that's said at the stage.
Speaker 7: So that's what the organizers of this convention and trying
Speaker 7: to do is figure out what's our moment going to
Speaker 7: be tonight, and of course if Donald Trump shows up,
Speaker 7: that's already made moment.
Speaker 3: Well, absolutely, and it does seem that the integrity of
Speaker 3: the moment with which we all find out who the
Speaker 3: vice presidential pick actually is to this point has been preserved.
Speaker 3: It hasn't leaked out.
Speaker 5: We're all still.
Speaker 3: Laying in wait. And Rick, earlier in the program, you
Speaker 3: were bringing up the idea that it could be someone
Speaker 3: like Virginia Governor Glenn Yunkin, even though we don't understand
Speaker 3: him to be on the shortlist at this time. We're
Speaker 3: looking at instead burgham Rubio, jd Vance And I wonder
Speaker 3: about the state of Virginia, Genie is we just got
Speaker 3: new New York Times Siena polling today looks just at
Speaker 3: two states Pennsylvania, Biden's home state and where the shooting
Speaker 3: happened this weekend, and Virginia. And we should advise our
Speaker 3: listeners and viewers this poll did happen prior to the shooting,
Speaker 3: so we have to have that caveat in there. But
Speaker 3: it shows Trump leading in pencil and in Virginia Biden
Speaker 3: is only ahead by three points forty eight to forty five, within.
Speaker 5: The margin of error.
Speaker 3: So would someone like Glenn Youngkin be a smart pick
Speaker 3: for Trump. Could he actually turned Virginia red again?
Speaker 8: He could?
Speaker 9: I mean, it is fascinating. I was just looking at
Speaker 9: this poll. I mean the idea that Joe Biden is
Speaker 9: losing at this point. According to this poll, we have
Speaker 9: to say Pennsylvania, his home state, and then next door
Speaker 9: nearby Virginia, which Democrats. Of course, it is really I
Speaker 9: think for in my mind, a must win for Democrats.
Speaker 9: So should that go red, that is a huge problem
Speaker 9: for the Democrats. And so that does make Glenn Youngkin
Speaker 9: an attractive, you know, appealing vice presidential candidate. I'm also
Speaker 9: curious does the shooting over the weekend change Donald Trump's mind?
Speaker 9: I mean, all things being equal, if that had never happened,
Speaker 9: perhaps he had made his choice and stuck with it.
Speaker 9: But do you move away from somebody like jd Vance
Speaker 9: with a much tougher rhetoric to somebody like a Glen
Speaker 9: Youngkin or a dougam who have this sort of less
Speaker 9: rhetorical strong statements that they've made that may be off
Speaker 9: putting to moderates. I also note that they have now
Speaker 9: added Nikki Hayley to the lineup to speak this week,
Speaker 9: not that she's in the running to be VP as
Speaker 9: far as we know, but that's another interesting turn. So
Speaker 9: he does keep us waiting and watching and wondering. And
Speaker 9: I think when he gets in there, whether it's tonight
Speaker 9: or later this week, it is going to be one
Speaker 9: of those moments that Rick was just talking about that
Speaker 9: we all remember, especially given the fact the entire nation
Speaker 9: is rooting for him healthwise, considering what he has just survived.
Speaker 4: Donald Trump did an interview with the Washington Examiner in
Speaker 4: which he said he rewrote his speech. It was going
Speaker 4: to be a humdinger, he said, Rick, honestly, it's going
Speaker 4: to be a whole different speech.
Speaker 2: Now.
Speaker 4: It's a chance to bring the country together. I was
Speaker 4: given that chance. I don't know if you believe the
Speaker 4: words you're hearing, but he has a moment, a delicate
Speaker 4: opportunity here to seize on. How different do you think
Speaker 4: that speech will be then it might have been on Friday?
Speaker 7: Well, I'm suspecting it's probably substantially different. I think you
Speaker 7: can't imagine what impact just escaping death has on Donald
Speaker 7: Trump or on anybody else. You can try to put
Speaker 7: yourself in that mind frame, but certainly the organizers of
Speaker 7: the campaign, the managers and the speech writers and the
Speaker 7: folks who are charged with getting the most bump out
Speaker 7: of this convention as they can. They haven't missed that point.
Speaker 7: And the last thing they want is a divisive political
Speaker 7: speech where Donald Trump goes up to the podium and
Speaker 7: eviscerates Joe Biden. And so no doubt everyone's aligned on this.
Speaker 7: Donald Trump probably feels this way. The campaign's going to
Speaker 7: want to see something different. And so it's not just
Speaker 7: Donald Trump's speech. Whoever has been crafting the vice president's
Speaker 7: speech is going to.
Speaker 8: Be having to echo that.
Speaker 7: It may change the lineup of who introduces the vice
Speaker 7: presidential candidate. Currently we had Donald Trump Junior, another pit
Speaker 7: bull of the Republican Party. I wouldn't be surprised to
Speaker 7: see a change made there. So I think you're going
Speaker 7: to see a kindler, jettler Republican Convention moving out, nonetheless political,
Speaker 7: but definitely tonally different.
Speaker 3: Well, and what goes for Republicans also probably goes for
Speaker 3: Joe Biden as his campaign, at least in rethinking your
Speaker 3: tone in the way in which you message, be it
Speaker 3: a threat to democracy or anything else. And I would
Speaker 3: point out that while we wait to hear Donald Trump
Speaker 3: speak at the convention later this week. We will hear
Speaker 3: more from Joe Biden this evening as he sits down
Speaker 3: for an interview on NBC with Lester Holtz, after hearing
Speaker 3: from him three times within the last several days since
Speaker 3: the shooting, including an Oval office address last night where
Speaker 3: he was talking about unity Jeanie. Knowing that there is
Speaker 3: going to be the split screen of the RNC and
Speaker 3: a vice presidential pick up against this interview, what is
Speaker 3: the winning message here for Joe Biden?
Speaker 8: What's he trying to do?
Speaker 9: I thought his statement yesterday or last night was very strong.
Speaker 9: I think we're going to hear more of that. He's
Speaker 9: going to talk about uniting the country, the idea that
Speaker 9: we don't resolve our differences with guns or with violence,
Speaker 9: we do it at the ballot box. And I think
Speaker 9: it's very important that he called and spoke to Donald Trump.
Speaker 9: We have already noticed on the Republican side some modulating
Speaker 9: of rhetoric, people like viveig Ramaswami, who is a bit
Speaker 9: of a pit bull like Donald Trump Junior, and Jade Vance.
Speaker 9: His tone seems to have moderated, so I don't know
Speaker 9: if we are just being pollyannish and hopeful that the
Speaker 9: tone is moderating. We are, after all, going into a
Speaker 9: Republican convention, and any convention is about, you know, opposition
Speaker 9: to your opponents politically. But it does seem like there
Speaker 9: is a change. And I will just say I've noticed
Speaker 9: in Donald Trump's rhetoric, in particular this talk about a conversion,
Speaker 9: the idea that this had that impact that Rick was
Speaker 9: just talking about, and that Ronald Reagan talked about after
Speaker 9: he was shot it changed his life and what he
Speaker 9: hoped to do and did as president. Now I don't
Speaker 9: know if that's going to happen with Donald Trump, but
Speaker 9: that's some of that. And that really fascinating interview in
Speaker 9: the Washington Examiner with with Selena Ze. That was fascinating,
Speaker 9: And the fact that he called her was in and
Speaker 9: of itself, really a remarkable moment.
Speaker 4: She was there with her daughter, and I guess they
Speaker 4: had an interview set up. He felt bad that they
Speaker 4: didn't have the opportunity. It is pretty remarkable.
Speaker 8: Here.
Speaker 4: Does Joe Biden need to make news tonight or is
Speaker 4: this simply about normalizing as Genie indicated, the idea of
Speaker 4: doing interviews like these.
Speaker 7: Yeah, I think there's a little bit of inappropriateness by
Speaker 7: the president sort of you know, horning in on the
Speaker 7: first night of the Republican convention. In years gone by,
Speaker 7: there's sort of an understanding that you sort of give
Speaker 7: the opposition party their convention. So I think, yeah, I mean,
Speaker 7: I would be shocked if he tried to make news.
Speaker 7: I buy what Gennie's saying that, you know, he's just
Speaker 7: trying to remain relevant. Remember, it was only a couple
Speaker 7: of days ago we were talking about getting, you know,
Speaker 7: the Democratic Party purging him from there their ticket, and
Speaker 7: so I think he's trying to manage the transition back
Speaker 7: to being a favorite of the Democrats. And I think
Speaker 7: certainly the White House in his camp pain feel they
Speaker 7: need to have him out there showing people that he's
Speaker 7: vibrant and can handle the difficulties of a presidential campaign
Speaker 7: and the presidency. So that's what tonight's all about, all right.
Speaker 3: Rick Davis of Stoneford Capital and Jeanie Schanzeno of Iona
Speaker 3: University Bloomberg Politics contributors in our political panel here in Milwaukee.
Speaker 3: Thank you so much, and still ahead, we'll be joined
Speaker 3: by former Homeland Security Official Ashley Davis amid the heightened
Speaker 3: security here at the RNC in the aftermath of the
Speaker 3: attempted assassination of Donald Trump.
Speaker 8: Over the weekend.
Speaker 3: We'll have more next on Balance of Power on Bloomberg
Speaker 3: TV and Radio.
Speaker 2: You're listening to the Bloomberg Balance of Power podcast. Catch
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Speaker 3: Now joining us live on set here in Milwaukee is
Speaker 3: a member of the House Judiciary Committee. To help us
Speaker 3: react to this news and get things underway. Here in
Speaker 3: Wisconsin is the convention kicks off. Republican Congressmen, victorious parts
Speaker 3: of Indiana is with us now. Welcome to Bloomberg TV
Speaker 3: and Radio. Congressman, thank you so much for being here.
Speaker 3: We have a lot to discuss in terms of the
Speaker 3: convention taking place over the next four days, but could
Speaker 3: we first get your reaction to the dismissal of Donald
Speaker 3: Trump's case down in Florida.
Speaker 10: Well, at least we have some comments and judges, because
Speaker 10: unfortunately our judicial system been weaponized and it's really an
Speaker 10: American people see it. So I think this is very
Speaker 10: you know, fortunate that we now can at least have
Speaker 10: real conversation and what they're doing to President Trump is unbelievable.
Speaker 8: You know.
Speaker 10: As a member of Judiciary Committee, we have so many
Speaker 10: investigation looking on those issues and how our Department of
Speaker 10: Justice is doing this is really dangerous.
Speaker 8: What's happened in our country. This is not in.
Speaker 10: The democratic, constitutional republic.
Speaker 8: That should be happening.
Speaker 10: That's happening in throad world countries, but not in America.
Speaker 10: So I'm glad to see that happen, and I think
Speaker 10: it's a good step forward.
Speaker 4: Do you not believe the independent counsel is independent?
Speaker 10: Well, listen, we had these independent consuls, but we've seen
Speaker 10: that what is happening, you know, including was all of
Speaker 10: this report, they still come from the same system, and honestly,
Speaker 10: in a lot of ways, even special consols the Department
Speaker 10: Justice appoints there still I would argue, probably in some
Speaker 10: way unconstitutional and probably not as independent because they still
Speaker 10: come from the same system, and the system became corrupt,
Speaker 10: I hate to tell you, and really not serving to
Speaker 10: protect people rights and using very very effectively politically.
Speaker 3: So would this discredit, say Special Council Ways who brought
Speaker 3: the charges against Hunter Biden, or Special Counsel her who
Speaker 3: authored that report about Joe Biden's own handling of classified
Speaker 3: documents and called him a well meeting man with a
Speaker 3: poor memory.
Speaker 10: Well, listen, I would say that we need to really
Speaker 10: have a serious conversation about usage of special council and
Speaker 10: unless judiciary hearing, we actual Republicans brought up some of
Speaker 10: my colleagues to include and me the issue how constitutionally
Speaker 10: these special consoles are and really should be reusing them,
Speaker 10: because I've noticed what's happening. We have all this investigation
Speaker 10: going so no one can ask questions, there is no transparency.
Speaker 10: Then statue of limitation expires, so no one is bringing
Speaker 10: charges and there is no really consequences for doing some
Speaker 10: things that are pretty serious. So I think this has
Speaker 10: been very in effective process. Conduct needs to look how
Speaker 10: we can clarify that law and how the usership special consoles.
Speaker 10: So I have really concerns with all of them, I'll
Speaker 10: be honest with you, and the results of the investigations
Speaker 10: and really lack of accountability in the Department of Justice.
Speaker 4: It's interesting to hear that you see that it cuts
Speaker 4: both ways politically. We're here on the first day of
Speaker 4: the Republican National Convention. You must be excited. You finally
Speaker 4: got to this moment, and it hasn't come easily here
Speaker 4: based on what we've seen over the past couple of days.
Speaker 4: Donald Trump has made his way to town, and I'd
Speaker 4: like to get your impressions on what we're hearing. This
Speaker 4: narrative about unity, about lowering the temperature, an attempted assassination
Speaker 4: of a former president of the United States. It's the
Speaker 4: Republican Party capable of lowering the temperature this week.
Speaker 10: Well, listen, I mean it's an election year, so people definitely,
Speaker 10: you know, have a lot of excitement, but I think
Speaker 10: you know it's going to be excitement for the future
Speaker 10: of our country because we need to start governing.
Speaker 8: We have a lot of serious issues.
Speaker 10: Being punted for a very long time, and American people
Speaker 10: are tired. That's why the temperature is so hot on
Speaker 10: all of the site, because the government haven't been governing
Speaker 10: and representing the people. And I think this is going
Speaker 10: to be a discussion how we can get our economy
Speaker 10: back on growth, how we can you know, build good
Speaker 10: economy for all Americans deal with inflations and deal with
Speaker 10: a lot of policy to have a brighter future for
Speaker 10: our children, because we're not doing it right now. And
Speaker 10: political crategal is difficult, you know, and I think unfortunately
Speaker 10: it's been used in all of the sites to energize
Speaker 10: the base and it's part of politics. But I hope
Speaker 10: we can have a constructive conversation. We do definitely need
Speaker 10: to investigate see what's happened, because this is unbelievable. What's
Speaker 10: happened really and how close you know, you know, we
Speaker 10: had a situation that could have been very different convention
Speaker 10: right now and it would be said things for our
Speaker 10: country and could just stabilize countries so much so I
Speaker 10: think I hopefully have more adults in the room to
Speaker 10: have these serious debates on issues.
Speaker 8: That's what we need to do.
Speaker 3: Well, as we consider the events of this weekend and
Speaker 3: what is being done in response, there has been reporting
Speaker 3: that the Chair of the Judiciary Committee, Jim Jordan, as
Speaker 3: well as Jerry Nadler, the ranking member, were briefed by
Speaker 3: the FBI this morning. Has any of that information been
Speaker 3: shared with you as a member? What have you been told?
Speaker 10: Well, we have some discussion and we have, you know,
Speaker 10: right now, we need to make sure.
Speaker 8: That we proceed properly.
Speaker 10: But I think it's an interest of both parties, both sides,
Speaker 10: to look what's really happened.
Speaker 8: You know.
Speaker 10: So I hope that my Democrat colleagues and we had
Speaker 10: situations where you know, Jim Jordan and Nadler are own
Speaker 10: situations of surveillance and war and requirement. We actually came
Speaker 10: together people on the right and the left. You know,
Speaker 10: we had situations we're dealing with some protection of privacy
Speaker 10: of Americans is so we can come together with one
Speaker 10: So maybe we can have a serious conversation, not to
Speaker 10: have a lot of grand standing, even in judiciary commedity,
Speaker 10: and this is the probably the most grand standing committee.
Speaker 10: But we can find the common ground. So I'm glad
Speaker 10: to see that, and I hope we can have a
Speaker 10: serious conversation because it can cut both ways, not just
Speaker 10: an hour away. I think Democrats should be concerned about
Speaker 10: the two because that is a huge failure of security.
Speaker 10: Will just happen.
Speaker 4: Well, should that conversation include security for members of Congress?
Speaker 4: We've been through this before, following Gabby Giffords, following steve'scalice.
Speaker 4: Should members like yourself have a security detail.
Speaker 8: We need to have a discussion.
Speaker 10: That is a pretty dangerous job and how we really,
Speaker 10: you know, deal A lot of people don't realize that
Speaker 10: generally only a few members and Congress have any security
Speaker 10: and we right now in a very polarized environments and how,
Speaker 10: you know, how we can be deal with that. I
Speaker 10: think this is we need to have because I mean,
Speaker 10: it's a great one, a huge responsibility, but in this environment,
Speaker 10: like I'm probably one of the few members of Congress
Speaker 10: that does in person town halls.
Speaker 8: A lot of my colleagues are.
Speaker 10: Actually very concerned to do that for that reason, because
Speaker 10: you put your life in danger by doing that. But
Speaker 10: we still have to be able to communicate with our
Speaker 10: constituents and we have to be able to get out
Speaker 10: otherwise we cannot represent them well.
Speaker 8: So I think it's a conversation.
Speaker 3: To have well as you're doing that communication and thinking
Speaker 3: about what your constituents want to see from the Republican Party,
Speaker 3: the kind of policy conversations that will be happening at
Speaker 3: the R and C this week. You talk about things
Speaker 3: like fighting inflation, what is the actual plan to do
Speaker 3: so when many economists we speak with here at Bloomberg
Speaker 3: suggest that some of the Trump policies he is suggesting,
Speaker 3: like increasing tariffs, would only be further inflation area. So
Speaker 3: what exactly is the proper plan?
Speaker 8: Well, I think you're not president and Trump is.
Speaker 10: You know, he wants to grow the economy and he
Speaker 10: wants to make sure that we continue text GUIDs, but
Speaker 10: we definitely need to look in the spending side. And
Speaker 10: this is a conversation I have as his team numbers
Speaker 10: on spending side, how we can reform some of the
Speaker 10: big ticket items like healthcare. You know, if we want
Speaker 10: to really bring re energize the enemy, it decreased that
Speaker 10: load and save a lot of programs that we promised
Speaker 10: to Americans, including like Medicare and Medicaid. Let's look how
Speaker 10: much is the res abuse in the system? Trillions of
Speaker 10: dollars of issues that actually President Trump and Obama agreed on.
Speaker 8: Let's have And that's what the conversation.
Speaker 10: We need to have and have a plan, And I
Speaker 10: think this is something we've been working to try to
Speaker 10: have because a lot of time in the political world,
Speaker 10: you have very short window where things can happen right
Speaker 10: after the election, So you need to have a plan
Speaker 10: and good plan. You need to wet and have a
Speaker 10: real So that's what we want to do. How we
Speaker 10: can deal with our dependency in China, our supply chain,
Speaker 10: you know, energy policy, always spending it. Which big part
Speaker 10: is healthcare and dependency in China, and really is with
Speaker 10: driving the biggest driver on inflation right now is that
Speaker 10: we have to deal And I think he has a
Speaker 10: lot of good people with good policy ideas, and I
Speaker 10: think before you know my you know my hopes we're
Speaker 10: going to win, and my hopes we can deliver that
Speaker 10: next Congress with President Trump.
Speaker 4: You're the only Ukrainian American serving in Congress. Will we
Speaker 4: hear about Ukraine at this convention? WI would be the
Speaker 4: party's posture on this war.
Speaker 8: But I think this is a very complicated issue.
Speaker 10: I think, you know, this convention going to talk about
Speaker 10: big issues like border domestic issues, but foreign policies issues
Speaker 10: are important and President Trump doesn't want to have worse.
Speaker 10: President Trump wants Europeans to step up and he probably
Speaker 10: doesn't get enough credit, and a lot of international issues
Speaker 10: that he actually did a lot of things to deter
Speaker 10: Rush from prose aggression, you know, So I don't think
Speaker 10: that is the main not the main topic on the
Speaker 10: you know, in the mind of Americans right now, but
Speaker 10: it is very important topic and we have to be
Speaker 10: figuring it out. We cannot have never ending wars. We
Speaker 10: need to learn from two trillion. You know that we
Speaker 10: spend enough against no Listen, I know this is a
Speaker 10: lot of political things. You know that you say, but
Speaker 10: he will definitely will do whatever he can to really
Speaker 10: try to figure out how to resolve this situation, because
Speaker 10: this has became a very very very difficult and very
Speaker 10: very bloody war and millions of lives are going to
Speaker 10: be destroyed already.
Speaker 3: So do you think that Ukraine can count on a
Speaker 3: future Trump administration to continue the support the US has
Speaker 3: provided up to this point in the war.
Speaker 10: From my prospective, I think Biden administration failed in Ukraine
Speaker 10: the trough of the war, the slow walk day. So
Speaker 10: I think President Trump will be much stronger in these issues,
Speaker 10: and I think he'll be willing to work with all
Speaker 10: of the parts.
Speaker 8: You know what I mean.
Speaker 10: You know, I cannot talk on his behalf, but I'll
Speaker 10: note that you know a lot of things people don't realize.
Speaker 10: It's also congresses in well on these issues. Actually power
Speaker 10: of the person and war power. It should be in
Speaker 10: Congress anyway, and I think President Trump been working and
Speaker 10: talking to a lot of members of Congress on this
Speaker 10: issue too, you know.
Speaker 8: So there is a political rhetorics.
Speaker 10: And there is also real, you know, discussions, and I
Speaker 10: think the real discussions will be much better for Ukraine
Speaker 10: than they.
Speaker 8: Are right now.
Speaker 4: Are we going to get a running mate and aspens today?
Speaker 10: I hope so, And I'm really excited about that.
Speaker 4: Where are you in the office pool?
Speaker 8: You know?
Speaker 10: Listen, you know, they're all lucky that I cannot be one,
Speaker 10: and otherwise they will be all in.
Speaker 8: Trouble, you know. But I'd be a little bit a
Speaker 8: great alike.
Speaker 10: To the administration because I truly believe we cannot govern
Speaker 10: through executive waters. Congress needs to start doing his job. Actually,
Speaker 10: Chevron Docrine, you know, the Supreme Court ruler and Chevron
Speaker 10: doctrines showed us we are not doing our job, and I.
Speaker 8: Think we need to.
Speaker 10: This is instability for the country to change policies with
Speaker 10: each administration. You know, we need to discuss, deliberate and
Speaker 10: deliver on some of the key policies and they have
Speaker 10: long term effect for economy, for businesses and productability.
Speaker 8: That is very important that.
Speaker 10: Our businesses even sometimes maybe they don't like our policies,
Speaker 10: but at least they can react on them, not like
Speaker 10: retroactively do them or change them three times a year.
Speaker 8: That's not very good for the country.
Speaker 4: Republican Congress. When Victorias sparts of Indiana, thank you for
Speaker 4: being with us. I wish you were safe and successful.
Speaker 8: Convention. Thank you very much.
Speaker 4: Thanks for joining us today in Milwaukee, absolutely and thank
Speaker 4: you for joining us in our special coverage from Milwaukee
Speaker 4: the Republican National Convention in day one. Thanks for listening
Speaker 4: to the Balance of Power podcast. Sure to subscribe if
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Speaker 4: your podcasts, and you can find us live every weekday
Speaker 4: from Washington, DC at Noontimeeastern at Bloomberg dot com.