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Speaker 1: Live from Our Nation, All Talk here in Washington, d

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Speaker 1: C turns to President Elect Joe Biden's administration. Historically speaking,

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Speaker 1: the markets that perform better when there is divided government.

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Speaker 1: The biggest pressure for physical stimulus is an off taking cases.

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Speaker 1: Bloomberg Sound On the Insiders, the influencers, the inside fiding

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Speaker 1: has Thomas again and again it he will unite the

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Speaker 1: country's state government's control elections US in the constitution. I

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Speaker 1: think that we can expect a smooth, thoughtful, methodical transition.

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Speaker 1: This is Bloomberg Sound On with Kevin Shirlett on Bloomberg Radio.

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Speaker 1: Vaccination Front a complete update. Meanwhile, still gridlock, Congress, stalemate

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Speaker 1: on COVID liability, adding to doubts on relief. We've got

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Speaker 1: a complete, complete analysis, preview, and recap. As we look

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Speaker 1: for what's next. With our chat with the Chief Craig Gordon,

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Speaker 1: he joins us to kick things started. We begin tonight

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Speaker 1: with the big story. President Elect Joe Biden said earlier

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Speaker 1: today that the US needs presidential leadership right now, as

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Speaker 1: the daily death toll from the coronavirus exceeds three thousand people.

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Speaker 1: Here he is this week marked another tragic milestone in

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Speaker 1: our fight against COVID nineteen, more than three thousand deaths

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Speaker 1: in one single day, the highest single death count during

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Speaker 1: this pandemic. We're in a teeth for crisis right now.

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Speaker 1: This nation needs presidential leadership right now. Presidential leadership there's

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Speaker 1: willing to model the steps we should be taking for

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Speaker 1: our to save our own lives and lives of our families. Meanwhile,

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Speaker 1: on Capitol Hill, the congressional impass over how to shield

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Speaker 1: employers from virus related lawsuits in a US pandemic relief

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Speaker 1: package deepened as negotiations amongst the bipartisan group of lawmakers

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Speaker 1: dragged on. Senate Majority Leader Mitch McConnell gave a sound

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Speaker 1: on that trying to an older couple who are her

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Speaker 1: down and survived this long year, that they're vox angel

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Speaker 1: will rob later than necessary because Democrats would't allow us

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Speaker 1: fun distribution. Senate Minority Leader Chuck Schumer had a different interpretation.

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Speaker 1: The Republican leadership is blocking a solution for the entire

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Speaker 1: country until they get a favor for corporations who don't

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Speaker 1: even need it. Craig Gordon, my boss Bloomberg Washington Bureau Chief,

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Speaker 1: joins US right now. Craig are they going to get

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Speaker 1: to a deal or is this just is there no

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Speaker 1: light at the end of the tunnel. I gotta say

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Speaker 1: I would not call myself optimistic on the idea of

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Speaker 1: a COVID stimulus package for this, and the reason is

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Speaker 1: because the same thing that's been a sticking point today

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Speaker 1: has been the sticking point for about six weeks now,

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Speaker 1: which is this thing that Mitch McConnell we just had

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Speaker 1: heard him talking about the idea of a liability package

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Speaker 1: for UM for companies as as you know, as COVID

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Speaker 1: rages on, and in the theory there is that you know,

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Speaker 1: someday you and I will all go back to work

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Speaker 1: and we'll be back in our offices, and companies are

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Speaker 1: worried that UM employees will sue them over you know,

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Speaker 1: COVID protections or do they do enough to keep us

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Speaker 1: safe and the different protocols and procedures, and they're trying

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Speaker 1: to basically get the US Congress to say, you know

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Speaker 1: that we'll put a bar on those lawsuits or prevent

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Speaker 1: those lawsuits from happening or whatever. Um. You know, we

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Speaker 1: can all debate how many of those lawsuits have been

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Speaker 1: We just has only been twenty three in the whole country.

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Speaker 1: But if you run a service industry or a meatpacking

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Speaker 1: plan or whatever, yeah, you got a lot of people

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Speaker 1: coming into the you know, into the your workspace, and

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Speaker 1: you probably want some legal protections. We've been talking about

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Speaker 1: this for literally two months, and it doesn't seem like

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Speaker 1: the Republicans and budge and it doesn't seem like Democrats

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Speaker 1: have budge on it either, And that makes me think,

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Speaker 1: you know, boy, if you can't solve it in two months,

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Speaker 1: I don't know why the next two weeks would be

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Speaker 1: any different. Well, and and to that point, I mean

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Speaker 1: Senator Chris Hughan's a Delaware Democrats said earlier today that

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Speaker 1: this has been an eight month in past around liability

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Speaker 1: issues and it's proving to be extremely difficult to close it.

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Speaker 1: I mean, we might have a vaxine and herd immunity

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Speaker 1: before they get to any type of consensus around the

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Speaker 1: issue of liability protections. And I think candidly we all

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Speaker 1: thought that the price tag was going to be the

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Speaker 1: most divisive issue and that them agreeing to something below

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Speaker 1: a trillion dollars would bring about consensus. But what we've

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Speaker 1: discovered this week is that that's simply not the case.

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Speaker 1: So I mean, if that happens, does that increase or

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Speaker 1: decrease the chances that once Biden is sworn in, uh

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Speaker 1: that that he could get another round of stimulus in

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Speaker 1: his first one dred days. Yeah. I mean, if you're

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Speaker 1: Joe Biden and you're watching this and again, as we

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Speaker 1: just heard him say, you know, three thousand deaths a

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Speaker 1: day here, uh is doesn't seem to get Congress moving

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Speaker 1: on this. I don't know why again, why would that

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Speaker 1: necessarily change after noon on January twenty when he sworn

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Speaker 1: in as the president. Now, look, at some point, it

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Speaker 1: does seem like, you know, there they as you said,

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Speaker 1: they're kind of circling around the number nine billion dollars.

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Speaker 1: I didn't think the Democrats would go below a trillion.

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Speaker 1: So that's progress. The Democrats have agreed to some of

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Speaker 1: the state in local funding changes, making a needs based formula.

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Speaker 1: That's progress. So you know, maybe eventually there, you know,

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Speaker 1: where there's a will, there's a way. But I think

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Speaker 1: we're getting a little bit of a taste of what

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Speaker 1: President Joe Biden, when he's not just President of ALEC,

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Speaker 1: Jo Biden will face in the United States. Senate Mitch

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Speaker 1: McConnell is not gonna do something nice for you unless

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Speaker 1: you can make him, and unless Joe Biden can find

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Speaker 1: fifty one votes for some of these things. UM in

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Speaker 1: the United States Senate. I think he's gonna wait a

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Speaker 1: long time for things like UM virus relief, stimulus relief,

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Speaker 1: UM spending plans, and infrastructure plan, a climate plan, a

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Speaker 1: job's plan. All the things that he ran on are

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Speaker 1: going to run smack into the same wall that a

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Speaker 1: lot of other presidents run into. And that is the

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Speaker 1: person named ch McConnell. It's it's it's really remarkable, and

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Speaker 1: it's really interesting, and we've spent so much time, rightfully so,

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Speaker 1: exploring the various dynamics and the new maths so to

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Speaker 1: speak on the left and how a president Joe Biden

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Speaker 1: is going to be able to navigate that. But similarly,

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Speaker 1: sent a majority leader, Mitch McConnell is facing some concerns

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Speaker 1: on the right about and he would share those concerns

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Speaker 1: based upon conversations I have about too much government spending.

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Speaker 1: That tension ahead of the mid terms in two is

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Speaker 1: going to be a fascinating push and pull so to

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Speaker 1: speak in Congress, right, Greg, Yeah, I mean look, you know,

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Speaker 1: Republicans are the parties of of low small government and

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Speaker 1: low government spending. Now, a listener might say, but then

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Speaker 1: Donald Trump brought up to deficit same level in the

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Speaker 1: past four years. Well sure, sure, sure that was then,

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Speaker 1: this is now um, and they and the Republicans do

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Speaker 1: seem to have gotten religion on this topic. And what

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Speaker 1: I think is kind of happening here. You know, we

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Speaker 1: may remember there was just an election. You know, it

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Speaker 1: is about four weeks ago. Now, the Republicans did not

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Speaker 1: really lose any ground in the Senate. They lost basically

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Speaker 1: one seatnt uh. They gained a bunch of seats in

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Speaker 1: the House. Nancy Pelosi is now holding on to actually

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Speaker 1: a fairly thin majority in the House after having forty majority.

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Speaker 1: And that was all after they had resisted a stimulus

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Speaker 1: plan heading into the presidential election, the Senate and House elections.

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Speaker 1: So if I'm a Republican and I don't really like deficit,

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Speaker 1: so I'm not so sure that we need to, you know,

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Speaker 1: sort of bail out companies or different things that we're

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Speaker 1: done in the first name of this package. And I

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Speaker 1: just held out him I seen the Senate or watching

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Speaker 1: my colleagues in the House gaining the majority. Where where's

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Speaker 1: my political pressure? What's the political pressure on me to

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Speaker 1: act right now? Because it seems like voters looked at

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Speaker 1: the situation, Democrats wanted more stimulus, Republicans fought it and

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Speaker 1: went ahead and made a bigger House majority and basically

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Speaker 1: kept the Senate the same. So I think, you know,

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Speaker 1: this is where Joe Biden, you know, we just heart

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Speaker 1: and talk about presidential leadership, Mr Biden, and respectfully say

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Speaker 1: we're gonna need some presidential leadership after January twenty when

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Speaker 1: you need to go to your old friend Mr McConnell

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Speaker 1: and some of those Republicans that you've worked with. You know,

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Speaker 1: a lot of those guys were still there when Joe

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Speaker 1: Biden was in the Senate and say, hey, we gotta

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Speaker 1: get something done here. That's the essence of presidential leadership,

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Speaker 1: basically getting McConnell to do maybe something he doesn't want

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Speaker 1: to do. I will see. I think it's going to

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Speaker 1: be a very early and important test of Biden's presidency

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Speaker 1: of whether he can get some of this stuff through

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Speaker 1: in literally the earliest weeks of his presidency. You know,

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Speaker 1: at the beginning of those four years, I got it

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Speaker 1: Crags with us. He's the Washington d C Bureau chief,

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Speaker 1: and I gotta get out the roster for for next year.

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Speaker 1: You know, I'm focused on next year and the team

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Speaker 1: that's being assembled. I'm not talking about whether Dak Prescott's

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Speaker 1: gonna stay with the Cowboys or Carson Wentz is still

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Speaker 1: gonna be with my Eagles. By the way, Greg Rough

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Speaker 1: seasons for both of us. You know, it's bad when

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Speaker 1: the Washington football team is ranked above us. But anyway,

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Speaker 1: I'm moving on. I'm talking about the team of domestic

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Speaker 1: picks that the President elect is assembling. Iowa Governor Tom

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Speaker 1: Bill Sack going to be back for as Secretary of Agriculture,

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Speaker 1: Dennis McDonough, for Veterans Affairs, Susan Rice. This was that

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Speaker 1: we got a minute left, but this was the name

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Speaker 1: I wanted you to weigh on. Susan Rice is going

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Speaker 1: to lead the White House Domestic Policy Council. Wow. Yeah,

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Speaker 1: I mean, and it's interesting because most people, again most

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Speaker 1: of our listeners would think of Susan Rice as uh,

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Speaker 1: you know, she was a national Scary advisor, she was

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Speaker 1: un ambassador, all of those jobs very heavily foreign policy.

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Speaker 1: So what's she's doing, and I'm steering the ship over

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Speaker 1: the Domestic Policy Council. I think the answer there is that,

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Speaker 1: you know, she's known as a pretty tough a pretty

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Speaker 1: tough person, a real baron knuckle kind of Washington operator,

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Speaker 1: and is going to go in there and kind of

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Speaker 1: get things done. The domestic policy councils can be a

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Speaker 1: little sleepy, you know. There was one for Clinton, there

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Speaker 1: was one for Obama. Um, you know, they just when

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Speaker 1: it sounds like domestic policy, all the different things that

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Speaker 1: go on inside the country, education, healthcare, immigration, things like that, taxes, whatever.

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Speaker 1: I think that I think they're looking for Susan Rice

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Speaker 1: to come in and you know, kick some button and

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Speaker 1: take some names, or else she wouldn't put her there.

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Speaker 1: So that's I agree with Kevin on this one. I

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Speaker 1: agree with you, Kevin. That's a really interesting choice and

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Speaker 1: one we're gonna watch closely because it's very out of

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Speaker 1: the box for Biden when most of his choices have

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Speaker 1: been I think fairly conventional. All Right, my thanks to

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Speaker 1: the Boss, Craig Gordon, Washington d C Bureau chiefe. We'll

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Speaker 1: check in with you when the Eagles play the Cowboys.

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Speaker 1: Thank you, as always, have a great weekend. Much more

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Speaker 1: coming up next week. Check in on the markets up.

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Speaker 1: It's really you're listening to Bloomberg. This is Bloomberg Sound

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Speaker 1: On with Kevin Surreley on Bloomberg and one oh five

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Speaker 1: point seven FM HD two. I'm Kevin Surreally, chief Washington

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Speaker 1: correspondent for Bloomberg Television and for Bloomberg Radio. We're all

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Speaker 1: awaiting that, okay, go from the regulators here in Washington,

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Speaker 1: d C. On the vaccination front, and of course if

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Speaker 1: we get any of these breaking developments, we will bring

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Speaker 1: them right to you. But first we gotta check to

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Speaker 1: see what went on in the markets today, especially given

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Speaker 1: all of the news flow, all of the ups and

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Speaker 1: downs with regards to with regards to vaccines, Congress stimulus,

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Speaker 1: and it's really been dizzying. We all thought that we

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Speaker 1: were going to get to some type of of some

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Speaker 1: type of deal, just didn't happen. So we've got to

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Speaker 1: bring in the experts, and let's bring in Arian Vadani,

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Speaker 1: investment strategist with m V Financial in Bethesda. Arian, Arian,

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Speaker 1: what happened in the markets today? Like Kevin going to

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Speaker 1: be back, Uh, it's it's it's really stems I think

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Speaker 1: from disappointment regarding this stimulus fallout. I mean, you know, uh,

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Speaker 1: that was last minute break apart again, and I think

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Speaker 1: we all understand the importance of stimulus obviously, Uh, stocks

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Speaker 1: in the market has has been running, but underneath that,

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Speaker 1: the economy itself needs help and mainstream America needs help.

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Speaker 1: And you've heard this message from all number of people,

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Speaker 1: including the set, including Drone Powell. So seeing that break

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Speaker 1: apart is definitely didn't give the investors pause. So you know,

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Speaker 1: I'm diving into my Bloomberg terminal right now. Stocks paired

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Speaker 1: losses as lawmakers passed a stop gap spending bill to

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Speaker 1: avert a federal government shutdown, but gave no signals of

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Speaker 1: an imminent stimulus deal. And that's a really major development

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Speaker 1: in the sense that there's not going to be a

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Speaker 1: partial government shutdown. Okay, so Washington breeds a massive sigh

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Speaker 1: of relief, but in a volatile session, the SMP five

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Speaker 1: hundred quickly trimmed a slide that reached about one percent

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Speaker 1: earlier Friday, the equity benchmark still notched its worst weekly

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Speaker 1: declined since October, amid an impass over a relief package

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Speaker 1: and concern over tougher restrictions as coronavirus cases swept across

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Speaker 1: the nation. So I gotta ask you this arion, which

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Speaker 1: is is has the market priced in no fiscal stimulus

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Speaker 1: this year? Are they prepared for the very real reality

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Speaker 1: as we just heard from the Big Boss, Craig Gordon earlier,

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Speaker 1: that there might not be fiscal stimulus this year. Yeah,

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Speaker 1: that's a great that's a great point. I think at

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Speaker 1: this point it's I think there was hope, and I

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Speaker 1: think at this point it probably puts the nail the

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Speaker 1: often that we can expect they're not to be stimulus

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Speaker 1: this year. Um, you know, and it's interesting you brought

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Speaker 1: up the government funding. I don't think anyone this is

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Speaker 1: the you know, this is the first time that really

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Speaker 1: the eyes have not been on on on that idea.

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Speaker 1: It has all been about stimulus. So the market pulled

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Speaker 1: on from that and and now and now, um they've

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Speaker 1: moved on from that. But there's greater disappointment given the

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Speaker 1: dire situation and kind of you know, this is this

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Speaker 1: has all been such a volatile year. You would think

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Speaker 1: that this would be the one place that we could

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Speaker 1: get things to move forward. But here we are. You know,

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Speaker 1: I spoke with my with one of my friends and mentors,

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Speaker 1: gretav Anceston, yesterday after the show. She spent the hour

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Speaker 1: with us yesterday and we're so grateful for Greta to

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Speaker 1: make the time for us when when you can. And

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Speaker 1: you know, I thought she so clearly articulated some of

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Speaker 1: the frustration, the palpable emotion, the rightful indignation that so

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Speaker 1: many people have. I mean, here we are. The US

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Speaker 1: appears poised across three hundred thousand COVID nineteen deaths in

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Speaker 1: the next week, and leadership in both parties cannot get

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Speaker 1: their heads around a deal. It almost seems incredibly, incredibly

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Speaker 1: disconnected from the reality that every American outside of the

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Speaker 1: belt Ways and and many Americans in the Beltway are experiencing.

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Speaker 1: But there does appear to be hope. And I don't

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Speaker 1: want to get you know, angry as we head into

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Speaker 1: a weekend, right, but there appears to be hope on

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Speaker 1: the vaccination front. How our investors, looking at the vaccination

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Speaker 1: news and the positive developments of the FDA likely going

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Speaker 1: to approve some of the vaccines and get them into

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Speaker 1: the get them into the vaccination vaccinating people as early

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Speaker 1: as next week. You know, really important that that's the

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Speaker 1: place the market is actually more focused on. And I

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Speaker 1: tell clients, you know, as we shift the talk from

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Speaker 1: politics politics place shorthand typically don't get caught up in

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Speaker 1: the uh you know, constant humble. But the markets are

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Speaker 1: looking forward regardless of this, uh you know, this daily

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Speaker 1: this week as disappointing, They're going to look forward to

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Speaker 1: the bigger news, which is vaccines because uh, you know,

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Speaker 1: that gives investors a long term green light that we

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Speaker 1: will have some type of return normalcy, meaning that you know,

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Speaker 1: companies will get back to normal, we will be getting

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Speaker 1: back to traveling spending the way we were, and that

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Speaker 1: all bodes well for the global economy. So it's important

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Speaker 1: for investors to take this kind of disappointment in these

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Speaker 1: kind of weeks, and remember this is just daily, weekly

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Speaker 1: market movement, and you have to keep focused on the

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Speaker 1: longer prize in that vaccine news that you bring up

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Speaker 1: right now is the biggest piece of forward looking news

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Speaker 1: that investors are really focused on. Yeah, And and I

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Speaker 1: say this right, especially as we head into a lonely

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Speaker 1: holiday season for so many Americans, it's important to know

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Speaker 1: that there is an end to all of this and

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Speaker 1: the end is coming. I mean where we are, folks,

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Speaker 1: And what I would say is the two minute warning

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Speaker 1: before the vaccine really starts to come over the next

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Speaker 1: couple of months, and so you know, once that happens again,

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Speaker 1: it's end. There's an end. They have a cure, they

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Speaker 1: have a vaccine, and so as a result of that, Uh, this,

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Speaker 1: this is at some period going to end. And I

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Speaker 1: think the markets have calibrated for that. They're anticipating a

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Speaker 1: much more of a return to normal by the by

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Speaker 1: the late spring summer fall of next year. Uh. And

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Speaker 1: as we all, as Washington holds its breath along with

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Speaker 1: the rest of the country to see the f d

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Speaker 1: A reached some type of approvals. You know. Meanwhile, I

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Speaker 1: do want to pick your brain just about broader, non

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Speaker 1: US related market driving currents, especially on the US China front.

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Speaker 1: So much of my world, of course, is based on

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Speaker 1: the incoming administration and the team that they're putting together,

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Speaker 1: like a likely Treasury Secretary pick Janet Yellen, and how

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Speaker 1: she's going to regulate China and and deal with China.

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Speaker 1: What are you hearing from from the financial crowd over

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Speaker 1: how the Biden administration will act with regards to China.

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Speaker 1: That's a great question. I think generally you're seeing up

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Speaker 1: you're seeing you know, upbeat sentiment. I mean, obviously Jenny

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Speaker 1: Yellen is a great pick for Treasury secretary. We're seeing

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Speaker 1: a much more experienced type of pragmatic uh. Not to

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Speaker 1: be this is not meant to be a part of

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Speaker 1: the statement at all, but just pragmatic cabinet and administration

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Speaker 1: coming in, which can lead to uh, an easier kind

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Speaker 1: of parsing of how our relations go with China. You remember, uh,

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Speaker 1: you know, two years ago, a year ago, right, the

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Speaker 1: trade war talk was what was jolting the market because

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Speaker 1: it was so erratic and we didn't know, we didn't

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Speaker 1: know how to parse it, and one day you hear

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Speaker 1: one thing and the next day was completely off. So

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Speaker 1: I think just the fact that we are going to

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Speaker 1: be able to better understand and see more traditional diplomatic relationships,

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Speaker 1: whatever course they take, whether the Biden administration is tougher

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Speaker 1: on China and when he pushes forward with global lines

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Speaker 1: to be tough on China and or not, I think

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Speaker 1: that kind of certainty will be good for the markets.

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Speaker 1: What are the one of the articles that you recently

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Speaker 1: wrote when I was show prepping was money tips for

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Speaker 1: millennials steer a steady course in a turbulent year. What

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Speaker 1: should uh the under I guess forty crowd now be

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Speaker 1: be doing as the as as the economy prepares to

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Speaker 1: head out of this downturn. Yeah, I mean really, I'm

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Speaker 1: not going to say anything mind blowing here, because you

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Speaker 1: need to be doing the things that you would be

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Speaker 1: doing regardless of what kind of time it was, whether

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Speaker 1: it's this challenging pandemic time or not. You need to

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Speaker 1: be putting money aside. And if you're not saving and

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Speaker 1: you're not investing in the market, you're missing out. I know,

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Speaker 1: I know a lot of them. I've heard from a

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Speaker 1: lot of millenney that they sat on their hands kind

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Speaker 1: of in fear based on what was happening where this

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Speaker 1: has all been a great opportunity for you if you're

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Speaker 1: a long term investor, if you are a millennial from

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Speaker 1: has a long timeline, you know, get your money working,

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Speaker 1: get into the markets, make the right financial decisions, uh,

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Speaker 1: you know, and and really look long term and don't

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Speaker 1: be sitting on the sidelines. And due to short term

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Speaker 1: knee jerk reactions to all the volatile top Wine News.

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Speaker 1: All right, my thanks to you, Arian Vodanni, appreciated investment

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Speaker 1: strategist at m DE Financial and Bethesda, Maryland. Will catch

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Speaker 1: up with you later on in the coming weeks. And

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Speaker 1: I'm Kevin Silli, Chief Washington correspondent fro Bloomberg TV and Radio.

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Speaker 1: We pivot back to politics and policy coming up next

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Speaker 1: on Bloomberg from our all talk here in Washington, d C.

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Speaker 1: Turns to President Elect Joe Biden's administration. Historically speaking, the

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Speaker 1: markets have performed better when there is divided government. The

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Speaker 1: biggest pressure for physical stimulus is an off taking cases.

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Speaker 1: Bloomberg Sound On the insiders, the influencers, the inside. Biden

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Speaker 1: has promised again and again they key will unite the

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Speaker 1: country's state government's control elections left in the constitution. I

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Speaker 1: think that we can expect a smooth, thoughtful, methodical transition.

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Speaker 1: This is Bloomberg Sound On with Kevin Shirley on Bloomberg Radio.

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Speaker 1: Stalemate on Congress on the fiscal stimulus front, even as

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Speaker 1: lawmakers avert a partial government shutdown. The latest from Capitol

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Speaker 1: Hill plus President Elect Joe Biden calling for presidential leadership

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Speaker 1: now as the country averages three thousand deaths a day

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Speaker 1: on COVID nineteen a lot to get through. We begin

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Speaker 1: tonight with the big story, President elect Joe Biden saying

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Speaker 1: that presidential leadership is needed now as coronavirus cases continue

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Speaker 1: to ravage the nation. This week marked another tragic milestone

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Speaker 1: in our fight against COVID nineteen. More than three thousand

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Speaker 1: deaths in one single day, the highest single death count

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Speaker 1: during this pandemic. We're in the teeth for crisis right

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Speaker 1: now in this nation needs presidential leadership right now. Presidential

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Speaker 1: leadership there's willing to model the steps we should be

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Speaker 1: taking for our to save our own lives and the

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Speaker 1: lives of our families. Meanwhile, the impass on Capitol Hill

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Speaker 1: over a fiscal stimulus deal continued, despite lawmakers reaching agreement

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Speaker 1: on a government funding bill that would keep the government open.

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Speaker 1: Sent A Majority Leader Mitch McConnell blamed Democrats, flying to

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Speaker 1: an older couple who hankered down and survived this long

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Speaker 1: year that their vaccines will arrive later than necessary because

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Speaker 1: Democrats wouldn't allow US fund distribution. Send a Minority Leader

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Speaker 1: Chuck Schumer blamed Republicans. The Republican leadership is blocking a

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Speaker 1: solution for the entire country until they get a favor

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Speaker 1: for corporations who don't even need it. Tyler, Deus fundraiser

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Speaker 1: and president of Allegiance Strategies Tyler, Happy Friday, Welcome back

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Speaker 1: to the program. I mean, it really is baffling that lawmakers,

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Speaker 1: Speaker Pelosi, Leader McConnell have not been able to get

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Speaker 1: to a fiscal stimulus deal, even as the coronavirus cases

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Speaker 1: are ravaging the country. Kevin, it's great to be here.

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Speaker 1: It's such an important topic. I can't believe they won't

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Speaker 1: just get to a deal. I think that as of

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Speaker 1: this afternoon, we've at least cleared the decks with the

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Speaker 1: n d a A, so we know that the military

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Speaker 1: is going to be funded for the next year. But

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Speaker 1: they just cannot come to any sort of an agreement.

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Speaker 1: And just even listening to that audio, Kevin, I think

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Speaker 1: the problem is that neither side is really being honest

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Speaker 1: about what they want. Leader McConnell wants a short term,

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Speaker 1: temporary liability reform for business owners, similar to what we

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Speaker 1: did after nine eleven. I don't think that that is

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Speaker 1: a crazy ask at all, but I think that the

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Speaker 1: problem is that neither side is just being cleared that

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Speaker 1: that's the hang up. There are a lot of small

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Speaker 1: businesses that are afraid of litigation. They've had to do

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Speaker 1: things to to just deal with the health and safety

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Speaker 1: of their employees that are unusual, right, I mean, this

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Speaker 1: is what a wild situation to have a global pandemic.

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Speaker 1: And I think that Leader McConnell has the better argument.

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Speaker 1: But I'll tell you this, Kevin, if Republicans don't pass

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Speaker 1: a stimulus, I think it's going to hurt us in Georgia.

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Speaker 1: I think if we don't get a deal, it increases

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Speaker 1: the likelihood that we lose two Senate seats down in

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Speaker 1: Georgia in the runoffs next month. You do think that, well,

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Speaker 1: I mean, but I want to let's let's we'll go

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Speaker 1: to Georgia in a little bit. But and sticking with

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Speaker 1: the issue of of liability protections, you raise an interesting point,

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Speaker 1: which is that that this impacts main street as well

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Speaker 1: do the liability protections issues. But here we are. We

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Speaker 1: started this last week where we all thought the coalescing

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00:23:48,080 --> 00:23:52,320
Speaker 1: behind a number nine billion dollars nine sixteen billion dollars

432
00:23:52,359 --> 00:23:55,760
Speaker 1: on some estimates was a major breakthrough, and ultimately, as

433
00:23:55,800 --> 00:23:58,639
Speaker 1: Senator Chris Coon's I believe put it to reporters earlier today.

434
00:23:58,640 --> 00:24:02,240
Speaker 1: Democrats Ela aware, you know, as he put it, this

435
00:24:02,359 --> 00:24:05,160
Speaker 1: is much more complex than that. This is the issue

436
00:24:05,160 --> 00:24:11,080
Speaker 1: of liability protections. What I cannot understand is why either

437
00:24:11,240 --> 00:24:14,120
Speaker 1: side thinks that if they don't pass it now, they'll

438
00:24:14,119 --> 00:24:17,720
Speaker 1: be able to get to it in abiden first one days.

439
00:24:19,359 --> 00:24:22,159
Speaker 1: That's a great point, Kevin. I mean, look, kudos to

440
00:24:22,240 --> 00:24:25,800
Speaker 1: Senator Cones and Senator Mansion and Senator Warner and the

441
00:24:25,800 --> 00:24:28,920
Speaker 1: other Democrats who got behind the Gang's proposal. This is

442
00:24:28,960 --> 00:24:33,119
Speaker 1: the nine billion dollar proposal because it included a six

443
00:24:33,200 --> 00:24:37,640
Speaker 1: month short term liability reform. And I know, and I've

444
00:24:37,640 --> 00:24:40,840
Speaker 1: seen some of these Democrats just getting absolutely lit up

445
00:24:40,920 --> 00:24:44,679
Speaker 1: by the trial lawyers for even supporting that six months measure.

446
00:24:45,280 --> 00:24:48,400
Speaker 1: That is probably the best that McConnell's going to get.

447
00:24:48,880 --> 00:24:51,199
Speaker 1: I don't see how it gets better once we have

448
00:24:51,520 --> 00:24:55,000
Speaker 1: a Democratic president. Um. And I think that Leader McConnell

449
00:24:55,000 --> 00:24:57,480
Speaker 1: needs to take the deal. Um. I think that it's

450
00:24:57,520 --> 00:25:00,440
Speaker 1: time to just get as much as he can now.

451
00:25:00,600 --> 00:25:02,439
Speaker 1: What I want to say, though, is that this is

452
00:25:02,440 --> 00:25:06,399
Speaker 1: not about fortune fifty and fortune on corporations. They have

453
00:25:06,560 --> 00:25:10,480
Speaker 1: plenty of money to hire I'm talking about parts of businesses.

454
00:25:11,119 --> 00:25:14,080
Speaker 1: It's small businesses that are being threatened. The small businesses

455
00:25:14,119 --> 00:25:18,760
Speaker 1: who can the plexiglass to comply with the local regulations

456
00:25:18,800 --> 00:25:21,439
Speaker 1: go ahead well, and especially not when they're getting shut

457
00:25:21,480 --> 00:25:24,880
Speaker 1: down arbitrarily by local and state government officials. Who are

458
00:25:24,960 --> 00:25:27,439
Speaker 1: you know, just making all of these decisions without regard

459
00:25:27,560 --> 00:25:31,880
Speaker 1: to data or the economic loss. And you know, that's

460
00:25:31,880 --> 00:25:33,840
Speaker 1: why I really come down in the middle of this.

461
00:25:34,119 --> 00:25:37,600
Speaker 1: I think that it was great for the Republicans to

462
00:25:37,640 --> 00:25:39,600
Speaker 1: give up on some of their demands. I think it

463
00:25:39,640 --> 00:25:41,560
Speaker 1: was great for Democrats to come to the middle on

464
00:25:41,640 --> 00:25:45,040
Speaker 1: liability reform. I think that Leader McConnell could push for

465
00:25:45,080 --> 00:25:48,280
Speaker 1: a little bit more, maybe more of a robust protection,

466
00:25:48,400 --> 00:25:51,879
Speaker 1: especially if we make those protections more robust for the

467
00:25:51,960 --> 00:25:54,639
Speaker 1: smaller businesses, than we could come to a deal. It

468
00:25:54,760 --> 00:25:57,719
Speaker 1: is so close to having a deal, Kevin, and I

469
00:25:57,760 --> 00:26:00,359
Speaker 1: think that a lot of Senators are doing this the

470
00:26:00,480 --> 00:26:03,400
Speaker 1: right way. But I think the leaders in both parties

471
00:26:03,760 --> 00:26:05,720
Speaker 1: are the problem more than it is the rank and

472
00:26:05,720 --> 00:26:08,359
Speaker 1: final members. Well, and they've got they only passed a

473
00:26:08,400 --> 00:26:12,040
Speaker 1: one week extension to avert the government shutdown. And then

474
00:26:12,080 --> 00:26:17,320
Speaker 1: you've got Senator Bernie Sanders of Vermont, who is threatening

475
00:26:17,320 --> 00:26:21,879
Speaker 1: now to block the funding when the vote comes around

476
00:26:21,920 --> 00:26:26,000
Speaker 1: next week unless the Senate steps up to help working Americans.

477
00:26:26,040 --> 00:26:29,840
Speaker 1: Take a listen to Bernie Sanders. We cannot go back

478
00:26:29,920 --> 00:26:34,720
Speaker 1: to our families during the Christmas holidays. Well, tens of

479
00:26:34,760 --> 00:26:39,240
Speaker 1: millions of families are suffering. They are looking toward us.

480
00:26:40,560 --> 00:26:44,320
Speaker 1: And then Senator Josh Holly also spoke on the on

481
00:26:44,359 --> 00:26:46,800
Speaker 1: the on the Senate floor. Here's the Republican from Missouri.

482
00:26:47,280 --> 00:26:50,680
Speaker 1: If the Senate of the United States can find hundreds

483
00:26:50,720 --> 00:26:54,439
Speaker 1: of billions of dollars to give to big government and

484
00:26:54,520 --> 00:26:59,919
Speaker 1: big business, surely it can find some relief for working

485
00:27:00,119 --> 00:27:04,119
Speaker 1: families and working individuals. You know, I don't mean to

486
00:27:04,280 --> 00:27:09,480
Speaker 1: criticize either side here and nor the two sound bites

487
00:27:09,520 --> 00:27:11,560
Speaker 1: that we just played. I mean it is there. They

488
00:27:11,600 --> 00:27:14,080
Speaker 1: all have to speak on the Senate floor. But Tyler Deaton,

489
00:27:14,119 --> 00:27:18,040
Speaker 1: Republican insider, I wish they would just get in the room,

490
00:27:18,200 --> 00:27:20,200
Speaker 1: close the door, and not come out until they have

491
00:27:20,240 --> 00:27:24,200
Speaker 1: a deal. Yeah. Well, and I'll tell you, but Republicans

492
00:27:24,240 --> 00:27:27,000
Speaker 1: and Democrats. I'm talking to more Republicans and Democrats, but

493
00:27:27,760 --> 00:27:31,439
Speaker 1: they all are basically saying, you know, drop the prima

494
00:27:31,480 --> 00:27:35,119
Speaker 1: Donna routine. Okay, like we would all love to be

495
00:27:35,240 --> 00:27:37,719
Speaker 1: able to get out more similarly, wish I could I

496
00:27:37,840 --> 00:27:41,320
Speaker 1: wish I could quote that. In an article on a Friday,

497
00:27:41,600 --> 00:27:45,760
Speaker 1: sources close to Republican Republican insiders say, quote, drop the

498
00:27:45,800 --> 00:27:50,119
Speaker 1: Prima Donna routine. Go ahead, Christine Barata, I want that

499
00:27:50,200 --> 00:27:53,359
Speaker 1: in the intro for the show next week. Go ahead. Sorry,

500
00:27:54,280 --> 00:27:57,000
Speaker 1: that's what it is. And so, you know, to get

501
00:27:57,040 --> 00:27:59,600
Speaker 1: out there and to be grandstanding, it's not productive. It's

502
00:27:59,600 --> 00:28:01,679
Speaker 1: not by away, it's not going to get those checks

503
00:28:01,680 --> 00:28:05,520
Speaker 1: into the deal, you know, throwing down these arbitrary markers

504
00:28:05,600 --> 00:28:07,800
Speaker 1: here at the at the very end of the debate.

505
00:28:08,080 --> 00:28:10,880
Speaker 1: And look, I am as for that, as I am

506
00:28:10,920 --> 00:28:13,600
Speaker 1: for every part of this. But the reality is that

507
00:28:13,680 --> 00:28:17,119
Speaker 1: there are other more economically efficient measures that we have

508
00:28:17,240 --> 00:28:20,359
Speaker 1: to do. First, we have to expand the pandemic unemployment.

509
00:28:20,560 --> 00:28:22,560
Speaker 1: We've got to help the airlines, which, by the way,

510
00:28:22,600 --> 00:28:26,000
Speaker 1: if we structure that deal correctly, then the taxpayers will

511
00:28:26,040 --> 00:28:28,639
Speaker 1: make money off of that bailout, Kevin, just like we

512
00:28:28,680 --> 00:28:30,560
Speaker 1: did with the automakers. And you know who's going to

513
00:28:30,680 --> 00:28:33,840
Speaker 1: deliver these vaccines around the country and around the world.

514
00:28:33,960 --> 00:28:36,560
Speaker 1: It's going to be the United States airlines, and so

515
00:28:36,840 --> 00:28:39,200
Speaker 1: there are things we have to do in the next week.

516
00:28:39,560 --> 00:28:42,360
Speaker 1: We should have done the money today, and we're going

517
00:28:42,440 --> 00:28:44,600
Speaker 1: to hurt Republicans if we don't do it. All right,

518
00:28:44,640 --> 00:28:46,440
Speaker 1: and coming up we're gonna talk mores more about the

519
00:28:46,480 --> 00:28:50,000
Speaker 1: vaccines and where we stand on that front with Tyler Deaton, Republican.

520
00:28:50,040 --> 00:28:53,560
Speaker 1: In our Republican insider, no prima donna routines here, Tom

521
00:28:53,640 --> 00:28:55,280
Speaker 1: Keene would be all over me if I pulled a

522
00:28:55,360 --> 00:28:58,200
Speaker 1: Prima Donna fit. I can't can't let Tom Kean down.

523
00:28:58,680 --> 00:29:04,880
Speaker 1: Kevin Cerelian, This is Bloomberg Onion one one. This is

524
00:29:04,920 --> 00:29:10,280
Speaker 1: Bloomberg Sound On with Kevin Surle on Bloomberg and one

525
00:29:10,360 --> 00:29:14,200
Speaker 1: or five D two. My name is Kevin Cirelli. I'm

526
00:29:14,240 --> 00:29:18,840
Speaker 1: the chief Washington correspondent for Bloomberg Television and Bloomberg Radio.

527
00:29:19,320 --> 00:29:23,200
Speaker 1: Joining us now for the All Star panel Tyler Deaton,

528
00:29:23,280 --> 00:29:28,120
Speaker 1: Republican strategist, fundraiser and president of Allegiance Strategies. And Karen Finney,

529
00:29:28,280 --> 00:29:33,240
Speaker 1: Democratic strategists and former Clinton campaign spokesperson. Karen great to

530
00:29:33,280 --> 00:29:36,200
Speaker 1: have you here. I want to pick your brain about

531
00:29:36,280 --> 00:29:42,880
Speaker 1: the roster, not the roster of my horrific Philadelphia Eagles,

532
00:29:42,920 --> 00:29:48,000
Speaker 1: which are suffering a quarterback catastrophe of a thirty one

533
00:29:48,040 --> 00:29:53,040
Speaker 1: million dollar worth proportions in the decline of Carson Wentz

534
00:29:53,120 --> 00:29:57,200
Speaker 1: that has agonized the city of brotherly love. Bad things do,

535
00:29:57,320 --> 00:30:00,600
Speaker 1: in fact happen when Carson Wentz is quarterback king the

536
00:30:00,680 --> 00:30:03,680
Speaker 1: Eagles in Philadelphia, But I will let that go and

537
00:30:03,720 --> 00:30:07,000
Speaker 1: get back on topic on this Friday, and talked about

538
00:30:07,120 --> 00:30:10,800
Speaker 1: President Elect Joe Biden's focus on domestic policy with the

539
00:30:10,920 --> 00:30:14,240
Speaker 1: rollout of newest picks. I'm looking at the roster. It's

540
00:30:14,280 --> 00:30:17,600
Speaker 1: got a former Iowa Governor Tom Bill Sack to reprise

541
00:30:17,640 --> 00:30:21,240
Speaker 1: the role he played for eight years as Secretary of Agriculture,

542
00:30:21,600 --> 00:30:25,320
Speaker 1: Dennis McDonough as Biden's pick for the v A, and

543
00:30:25,400 --> 00:30:27,120
Speaker 1: Susan Rice. And this is the pick I want to

544
00:30:27,120 --> 00:30:30,520
Speaker 1: focus on first. Susan Rice, the former National Security Advisor

545
00:30:30,840 --> 00:30:34,840
Speaker 1: an ambassador to the United Nations, who Biden seriously considered

546
00:30:34,840 --> 00:30:37,239
Speaker 1: to be his running mate, is going to lead the

547
00:30:37,280 --> 00:30:43,120
Speaker 1: White House Domestic Policy Council. What role will she play?

548
00:30:43,240 --> 00:30:44,640
Speaker 1: What does that mean? I don't think a lot of

549
00:30:44,640 --> 00:30:47,280
Speaker 1: people are familiar with the Domestic Policy Council, but they

550
00:30:47,320 --> 00:30:51,640
Speaker 1: are familiar with Susan Rice sure wells of the Domestic

551
00:30:51,680 --> 00:30:55,440
Speaker 1: Policy Council, and her role will be to help coordinate,

552
00:30:55,560 --> 00:30:59,520
Speaker 1: you know, inside the White House all of the policy areas.

553
00:30:59,560 --> 00:31:04,920
Speaker 1: So with is talking about immigration and racially quality housing, agriculture,

554
00:31:05,560 --> 00:31:08,600
Speaker 1: rural affairs. So you have sort of there's kind of three.

555
00:31:08,640 --> 00:31:12,520
Speaker 1: There's the National Security Council, which tends to focus on

556
00:31:13,480 --> 00:31:17,920
Speaker 1: foreign policy foreign affairs. You've got the Economic Council, which

557
00:31:18,040 --> 00:31:22,000
Speaker 1: is as you might think, the economy, although it does

558
00:31:22,520 --> 00:31:25,200
Speaker 1: I will say, it does work very much in close

559
00:31:25,680 --> 00:31:30,160
Speaker 1: concert with, uh, the other two and specifically the Domestic

560
00:31:30,160 --> 00:31:33,080
Speaker 1: Policy Council. And you know, one of the reasons I

561
00:31:33,080 --> 00:31:38,440
Speaker 1: think Biden so wisely selected UM Ambassador Rice is to

562
00:31:38,840 --> 00:31:43,480
Speaker 1: sort of revamp the Domestic Policy Council and run it

563
00:31:43,520 --> 00:31:47,160
Speaker 1: kind of more like the NSC in terms of the

564
00:31:47,200 --> 00:31:50,800
Speaker 1: way it coordinates across policy areas. That could also you know,

565
00:31:50,840 --> 00:31:58,440
Speaker 1: also across UM agencies to really streamline operations. And this

566
00:31:58,560 --> 00:32:03,440
Speaker 1: is a sign, frankly, that Biden and Harris recognize, you know,

567
00:32:03,640 --> 00:32:05,840
Speaker 1: the in terms of the task that is in front

568
00:32:05,840 --> 00:32:09,600
Speaker 1: of them because of COVID and so, which is impassing

569
00:32:09,720 --> 00:32:14,120
Speaker 1: all across our our daily lives. UH, the importance of

570
00:32:14,200 --> 00:32:16,960
Speaker 1: you know, having teams and having people who know really

571
00:32:16,960 --> 00:32:19,280
Speaker 1: how to cut through the tape and get things done.

572
00:32:19,440 --> 00:32:21,120
Speaker 1: So I want we follow up on this before we

573
00:32:21,160 --> 00:32:23,320
Speaker 1: bring in Tyler. So it's I mean, because that that's

574
00:32:23,360 --> 00:32:25,640
Speaker 1: what I was when I was talking with folks. I mean,

575
00:32:25,640 --> 00:32:27,560
Speaker 1: that's really what it appears to be. Is this is

576
00:32:27,600 --> 00:32:31,560
Speaker 1: a this is a reshaping of the Domestic Policy Council.

577
00:32:31,600 --> 00:32:33,960
Speaker 1: I mean, when you have such a dominant force like

578
00:32:34,000 --> 00:32:37,320
Speaker 1: a Susan Rice uh leading the helms of the Domestic

579
00:32:37,360 --> 00:32:41,720
Speaker 1: Policy Council, She's really going to have the opportunity to

580
00:32:41,800 --> 00:32:45,800
Speaker 1: reshape this in a way that I don't know, and

581
00:32:46,080 --> 00:32:47,960
Speaker 1: in a way that we haven't seen in quite some time.

582
00:32:48,160 --> 00:32:52,520
Speaker 1: I'm curious because because clearly she is is so influential,

583
00:32:52,640 --> 00:32:56,880
Speaker 1: especially in in democratic circles and relationships on Capitol Hill.

584
00:32:57,200 --> 00:33:00,240
Speaker 1: But I'm curious precisely if we know any of what

585
00:33:00,320 --> 00:33:04,360
Speaker 1: her portfolio will be in the first one days, especially

586
00:33:04,400 --> 00:33:08,600
Speaker 1: on the COVID nineteen front. Do we know that yet? Well,

587
00:33:08,640 --> 00:33:12,040
Speaker 1: I mean I think it's COVID, COVID, COVID COVID, right,

588
00:33:12,080 --> 00:33:14,560
Speaker 1: I mean, and again I would imagine, and we've sort

589
00:33:14,600 --> 00:33:18,240
Speaker 1: of heard this from President like Biden, you know, depending

590
00:33:18,280 --> 00:33:21,200
Speaker 1: upon where we are with the distribution of vaccines. I

591
00:33:21,200 --> 00:33:24,480
Speaker 1: mean that will be in a critical first task frankly

592
00:33:24,600 --> 00:33:27,720
Speaker 1: of the administration. You know, forget about day one hour

593
00:33:27,840 --> 00:33:31,240
Speaker 1: one uh, in terms of making sure that that continues

594
00:33:32,040 --> 00:33:35,880
Speaker 1: to happen smoothly and then one of the next steps

595
00:33:35,960 --> 00:33:38,840
Speaker 1: from from there. So uh that like as I said,

596
00:33:38,840 --> 00:33:41,240
Speaker 1: I mean the Domestic Policy Council, and we tends to

597
00:33:41,240 --> 00:33:45,040
Speaker 1: focus on sort of outside of economic matters, and again

598
00:33:45,200 --> 00:33:49,040
Speaker 1: they do coordinate, uh, you know, all these other areas

599
00:33:49,880 --> 00:33:52,239
Speaker 1: of policy. And I think something you said is more

600
00:33:52,280 --> 00:33:55,880
Speaker 1: important that I'll just re emphasis. Having someone of Susan's

601
00:33:55,920 --> 00:34:00,000
Speaker 1: stature and experience in the role does send a signaling,

602
00:34:00,080 --> 00:34:04,760
Speaker 1: a very important signal about the importance obviously that the

603
00:34:04,800 --> 00:34:08,000
Speaker 1: President elect and Vice President put on the role of

604
00:34:08,040 --> 00:34:11,080
Speaker 1: the DPC in terms of again making sure you are

605
00:34:11,160 --> 00:34:14,320
Speaker 1: turbo charging the ability to h you know, I won't

606
00:34:14,320 --> 00:34:15,880
Speaker 1: even say hit the ground running, but really hit the

607
00:34:15,880 --> 00:34:19,960
Speaker 1: ground sprinting with someone you know, Susan has uh you know,

608
00:34:20,040 --> 00:34:24,160
Speaker 1: she is, in my opinion, a stellar public servant. She

609
00:34:24,200 --> 00:34:26,920
Speaker 1: knows how the government works. She knows how the various

610
00:34:26,960 --> 00:34:29,759
Speaker 1: parts of the government works. So having someone who has

611
00:34:29,800 --> 00:34:33,240
Speaker 1: a vision on how to pull all those pieces together

612
00:34:33,320 --> 00:34:37,279
Speaker 1: and help move the Biden heres agenda forward, particularly in

613
00:34:37,320 --> 00:34:40,879
Speaker 1: the middle of you know, as as the President elect

614
00:34:40,880 --> 00:34:42,799
Speaker 1: mentioned today, I mean, we're talking not just about the

615
00:34:42,840 --> 00:34:45,520
Speaker 1: COVID pandemic, but we're talking about a moment of real

616
00:34:46,040 --> 00:34:49,719
Speaker 1: um uh transition and strife in our country. And we've got,

617
00:34:49,760 --> 00:34:53,160
Speaker 1: you know, the crisis of you know, the racial reckoning

618
00:34:53,200 --> 00:34:56,320
Speaker 1: that we started to see unfolding uh this this summer,

619
00:34:56,360 --> 00:34:59,680
Speaker 1: spring and summer. H Tyler Jeton, let's come in, come

620
00:34:59,719 --> 00:35:02,960
Speaker 1: in here. Because as as the the head of the

621
00:35:03,080 --> 00:35:05,440
Speaker 1: White House Domestic Policy Council, she will not have to

622
00:35:05,480 --> 00:35:09,359
Speaker 1: face Senate confirmation. So it's it's a it's an influential

623
00:35:09,480 --> 00:35:12,080
Speaker 1: role that she will have in the Biden administration and

624
00:35:12,160 --> 00:35:16,160
Speaker 1: she avoids having to go through a contentious Republican lad

625
00:35:16,600 --> 00:35:21,319
Speaker 1: uh confirmation hearings. That's right, And actually that was my

626
00:35:21,400 --> 00:35:27,520
Speaker 1: takeaway from this is that with her, Tyler, and I'm

627
00:35:27,600 --> 00:35:29,839
Speaker 1: having her in the domestic parre, you cut out there,

628
00:35:29,880 --> 00:35:30,920
Speaker 1: but I want to hear what you had to say,

629
00:35:30,960 --> 00:35:33,359
Speaker 1: So go ahead, start all over. I'm sorry, just that

630
00:35:33,480 --> 00:35:36,080
Speaker 1: I think that with her selection, it signals that they

631
00:35:36,080 --> 00:35:39,200
Speaker 1: don't intend to have her in the Domestic Policy Council

632
00:35:39,280 --> 00:35:42,439
Speaker 1: engage much with Congress. I don't see her as being

633
00:35:42,520 --> 00:35:46,040
Speaker 1: somebody that should the Senate stay a Republican majority. I

634
00:35:46,080 --> 00:35:48,880
Speaker 1: don't see her having a lot in her track record

635
00:35:48,880 --> 00:35:51,200
Speaker 1: of being able to work across the aisle. And that's

636
00:35:51,239 --> 00:35:55,719
Speaker 1: my just bigger point about all of Biden's appointments to date,

637
00:35:56,000 --> 00:35:58,960
Speaker 1: is that other than himself, right, because I think that

638
00:35:59,000 --> 00:36:02,399
Speaker 1: our president elect and reach across the aisle. He's not

639
00:36:02,520 --> 00:36:05,200
Speaker 1: picking a lot of other people to staff up this

640
00:36:05,280 --> 00:36:09,080
Speaker 1: administration who are known for bridging the island. So far,

641
00:36:09,120 --> 00:36:13,239
Speaker 1: He's not really selected a Republican either. I'm gonna have

642
00:36:13,320 --> 00:36:16,080
Speaker 1: to I'm gonna agree with that. I mean, look, we

643
00:36:16,120 --> 00:36:19,120
Speaker 1: don't know where and when you know who's disagree with

644
00:36:19,840 --> 00:36:23,719
Speaker 1: the Republican Well, I didn't disagree with that part actually before,

645
00:36:23,960 --> 00:36:29,560
Speaker 1: and I'm sign if he doesn't pick Republican off sure.

646
00:36:29,719 --> 00:36:31,800
Speaker 1: Just my point is just I think he has chosen

647
00:36:31,800 --> 00:36:35,920
Speaker 1: people who have actually worked in their various previous capacities.

648
00:36:36,120 --> 00:36:39,280
Speaker 1: They have worked, the Republican leaders to Congress and certainly

649
00:36:40,000 --> 00:36:43,080
Speaker 1: in their roles moving forward. I think it's to the

650
00:36:43,080 --> 00:36:48,239
Speaker 1: benefit of the American people that Republicans in Congress, deserve Americans,

651
00:36:48,320 --> 00:36:51,640
Speaker 1: deserve for them to be willing to work very closely

652
00:36:51,640 --> 00:36:54,560
Speaker 1: with this administration on this pandemic to make sure that

653
00:36:54,600 --> 00:36:57,160
Speaker 1: we're all healthy and safe. We gotta leave it right there,

654
00:36:57,160 --> 00:36:58,840
Speaker 1: but we'll come back with much more. I'm Kevin Sereally.

655
00:36:58,920 --> 00:37:03,640
Speaker 1: This is Bloomberg nine, and I want you're listening to

656
00:37:03,719 --> 00:37:08,359
Speaker 1: Bloomberg Sound On with Kevin Currel on Bloomberg and one

657
00:37:08,360 --> 00:37:11,839
Speaker 1: Old five point seven f m h D two. I'm

658
00:37:11,920 --> 00:37:15,560
Speaker 1: Kevin si really, Chief Washington correspondent for Bloomberg Radio and

659
00:37:15,640 --> 00:37:19,160
Speaker 1: Bloomberg Television, and coming up next, we're gonna check in

660
00:37:19,200 --> 00:37:23,520
Speaker 1: with what's on the panel's radar. Karen Finney and Tyler

661
00:37:23,560 --> 00:37:26,560
Speaker 1: Deeton are still on standby for us. This as the

662
00:37:26,680 --> 00:37:31,080
Speaker 1: nation the world really eagerly awaits the FDA giving the

663
00:37:31,200 --> 00:37:37,080
Speaker 1: nod of approval two the vaccines, and those vaccines, twenty

664
00:37:37,120 --> 00:37:41,279
Speaker 1: two million of them this month alone, could be in

665
00:37:41,600 --> 00:37:46,760
Speaker 1: the US once the FDA officially approves those vaccination fronts.

666
00:37:46,760 --> 00:37:49,680
Speaker 1: But it's set up an interesting not interesting, I mean,

667
00:37:49,680 --> 00:37:53,480
Speaker 1: it's set up an incredibly important conversation around the country,

668
00:37:53,600 --> 00:37:58,520
Speaker 1: especially around cities and hospitals, about who gets the vaccinations first.

669
00:37:59,200 --> 00:38:03,080
Speaker 1: On frontline workers as well as the elderly, and here

670
00:38:03,080 --> 00:38:08,399
Speaker 1: in the nation's capital. The ecosystem of hospitals are not

671
00:38:08,520 --> 00:38:12,040
Speaker 1: just in Washington, d C. They are also of course

672
00:38:12,400 --> 00:38:17,680
Speaker 1: in the greater d MV region, northern Virginia, Maryland's UH

673
00:38:17,719 --> 00:38:20,560
Speaker 1: and the like. I want to bring into this conversation

674
00:38:20,600 --> 00:38:23,560
Speaker 1: a good friend of the program, Congresswoman Eleanor Holmes Norton

675
00:38:23,719 --> 00:38:27,040
Speaker 1: of a Democrat representing the city of Washington, d C.

676
00:38:27,239 --> 00:38:30,440
Speaker 1: And Congresswoman, I know that you've been very much involved

677
00:38:30,520 --> 00:38:34,680
Speaker 1: in the conversations about where the vaccinations are going to

678
00:38:34,800 --> 00:38:39,279
Speaker 1: go once they get approved. Where will they go? Will

679
00:38:39,320 --> 00:38:43,480
Speaker 1: why will the nation's capital have enough vaccines? Well, the

680
00:38:43,560 --> 00:38:50,080
Speaker 1: nation's capital allocation is not enough because UH and the

681
00:38:50,080 --> 00:38:54,200
Speaker 1: In fact I had to write on land, Uh, most

682
00:38:54,239 --> 00:38:59,920
Speaker 1: of our healthcare workers come from the surrounding states. Tomorrow

683
00:39:00,160 --> 00:39:06,799
Speaker 1: in Virginia, but by giving the district only enough at

684
00:39:06,800 --> 00:39:12,880
Speaker 1: a very small number based on population healthcare workers, we

685
00:39:12,920 --> 00:39:16,239
Speaker 1: won't even be able to give the vaccine to our

686
00:39:16,280 --> 00:39:20,560
Speaker 1: healthcare workers. So this I recognize, but I'm afraid they

687
00:39:20,600 --> 00:39:26,600
Speaker 1: didn't that this is an unusual situation. But I wrote

688
00:39:26,600 --> 00:39:28,760
Speaker 1: a letter, the mayor wrote a letter and We're trying

689
00:39:28,800 --> 00:39:33,000
Speaker 1: our best to make sure that our healthcare workers get

690
00:39:33,040 --> 00:39:36,880
Speaker 1: the vaccine first because they serve the rest. I have

691
00:39:37,000 --> 00:39:39,359
Speaker 1: to interrupt, I mean, what do you mean? I mean

692
00:39:39,520 --> 00:39:42,000
Speaker 1: this is what do you mean that the healthcare workers

693
00:39:42,040 --> 00:39:44,600
Speaker 1: there's not going to be enough vaccines for the healthcare workers?

694
00:39:44,600 --> 00:39:46,680
Speaker 1: What does that even mean? How did that even happen

695
00:39:48,640 --> 00:39:55,120
Speaker 1: the healthcare worker? They are basing this on population. As

696
00:39:55,120 --> 00:39:59,640
Speaker 1: it turns out, most of the healthcare workers do not

697
00:39:59,800 --> 00:40:07,200
Speaker 1: live have in the district, So if it's based on population,

698
00:40:07,320 --> 00:40:14,959
Speaker 1: it won't cover the health care workers that, by all

699
00:40:15,080 --> 00:40:20,839
Speaker 1: that you have heard, should be the first. I mean,

700
00:40:20,880 --> 00:40:24,360
Speaker 1: this is angering so so because Washington d C. Is

701
00:40:24,440 --> 00:40:30,279
Speaker 1: a district, and because the hospitals in the capital of

702
00:40:30,320 --> 00:40:35,600
Speaker 1: the United States of America, because the employees of these

703
00:40:35,800 --> 00:40:41,240
Speaker 1: incredibly important institutions uh for the public health that served

704
00:40:41,239 --> 00:40:44,920
Speaker 1: not just thousands of Americans and citizens of Washington, d C.

705
00:40:45,040 --> 00:40:49,520
Speaker 1: But also members of Congress, for example, Because because they're

706
00:40:49,560 --> 00:40:53,520
Speaker 1: they're commuting in to a city that isn't a part

707
00:40:53,560 --> 00:40:58,399
Speaker 1: of Virginia, isn't a part of Maryland. The calculation that

708
00:40:58,800 --> 00:41:03,480
Speaker 1: the people just distributing the vaccines have made is inherently flawed.

709
00:41:03,560 --> 00:41:06,200
Speaker 1: Is that what you're telling me. That's exactly right. It's

710
00:41:06,280 --> 00:41:09,760
Speaker 1: it's not How do we fix it, Congresswoman Eleanor Holmes Norton.

711
00:41:10,360 --> 00:41:12,319
Speaker 1: How you fix it is you write who? You write

712
00:41:12,400 --> 00:41:15,359
Speaker 1: him an angry letter, and so does the mayor. Uh.

713
00:41:15,400 --> 00:41:18,799
Speaker 1: And we haven't gotten any words yet. This just came

714
00:41:18,840 --> 00:41:23,200
Speaker 1: to light within the last two days. So we're trying

715
00:41:23,239 --> 00:41:26,279
Speaker 1: to make sure that they understand that this city is

716
00:41:26,320 --> 00:41:31,399
Speaker 1: in a different position from other areas because of where

717
00:41:31,520 --> 00:41:34,480
Speaker 1: healthcare workers live. And so who do you write? I mean,

718
00:41:34,480 --> 00:41:36,920
Speaker 1: who's in charge of that loug arrhythm for lack of

719
00:41:36,920 --> 00:41:41,160
Speaker 1: a better word. In terms of the distribution model, Well,

720
00:41:42,120 --> 00:41:46,600
Speaker 1: you you write the you write the I don't I

721
00:41:46,640 --> 00:41:49,520
Speaker 1: don't recall the name of the person, but you righte

722
00:41:50,000 --> 00:41:53,520
Speaker 1: Uh the branch, I mean, is it the executive is

723
00:41:53,560 --> 00:41:58,480
Speaker 1: a congress No, this is being done by the people

724
00:41:58,480 --> 00:42:03,600
Speaker 1: who are passing out of the vaccine, all right, And

725
00:42:03,640 --> 00:42:06,080
Speaker 1: as a result of that, in your conversations, just switching gear.

726
00:42:06,120 --> 00:42:08,719
Speaker 1: I mean, I know this is a delicate topic, but

727
00:42:08,880 --> 00:42:13,080
Speaker 1: just the lack of financial assistance, even for for cities

728
00:42:13,120 --> 00:42:16,239
Speaker 1: like Washington, d c. As lawmakers are stuck in a

729
00:42:16,320 --> 00:42:19,520
Speaker 1: stalemate and cannot get to some type of deal that

730
00:42:19,560 --> 00:42:24,960
Speaker 1: it's got to frustrate you. Well that that's very frustrating. Um,

731
00:42:25,080 --> 00:42:31,280
Speaker 1: the deal fell apart today and so we're on a

732
00:42:31,320 --> 00:42:35,640
Speaker 1: one week I think extension just to keep the government open. Uh.

733
00:42:35,760 --> 00:42:40,359
Speaker 1: The Republicans are adamant. I'm not wanting to spend any

734
00:42:40,360 --> 00:42:48,320
Speaker 1: money during a coronavirus emergency. Uh. And Uh, the the Speaker,

735
00:42:49,360 --> 00:42:52,600
Speaker 1: it's trying to do more. I mean, she's even come down.

736
00:42:52,640 --> 00:42:57,120
Speaker 1: There's there's a nine billion dollar deal on the table.

737
00:42:57,200 --> 00:42:59,800
Speaker 1: We're trying to fit us into it. I had a

738
00:43:00,000 --> 00:43:05,520
Speaker 1: conversation with her yesterday because there was some funding for

739
00:43:05,640 --> 00:43:08,720
Speaker 1: the district that had been left out of the Heroes

740
00:43:08,800 --> 00:43:11,080
Speaker 1: Act that she has since put back, and it was

741
00:43:11,160 --> 00:43:13,840
Speaker 1: left out by Republicans when they were in charge of

742
00:43:13,960 --> 00:43:19,920
Speaker 1: one of the Cares act Um Cares Act. Uh that

743
00:43:20,120 --> 00:43:25,840
Speaker 1: came to some months ago. How do your frustration, but

744
00:43:25,920 --> 00:43:27,920
Speaker 1: how do you make sure Washington d C. Is not

745
00:43:28,080 --> 00:43:30,000
Speaker 1: left out of the next round of fiscal stadios. I

746
00:43:30,040 --> 00:43:32,960
Speaker 1: mean that's infuriating that the that the Washington d C,

747
00:43:33,520 --> 00:43:37,880
Speaker 1: a major metropolitan city in the United States of America,

748
00:43:38,000 --> 00:43:41,120
Speaker 1: was left out of funding in the last round of

749
00:43:41,120 --> 00:43:44,120
Speaker 1: stimulus can you assure people that that is not going

750
00:43:44,160 --> 00:43:47,120
Speaker 1: to happen. Funding just the moment was left out of

751
00:43:47,160 --> 00:43:51,920
Speaker 1: funding and the last stepulus. Uh, some of the funding

752
00:43:51,960 --> 00:43:54,040
Speaker 1: we were do did not come, and that we were

753
00:43:54,080 --> 00:43:56,759
Speaker 1: trying to get that back. That sounds like they were

754
00:43:56,840 --> 00:43:59,000
Speaker 1: left I had to interrupt your congresswoman. But for people

755
00:43:59,000 --> 00:44:02,560
Speaker 1: whose livelihoods are dependent upon that, that's infuriating that what

756
00:44:02,640 --> 00:44:05,120
Speaker 1: they forgot to send the money that they need this moment,

757
00:44:05,239 --> 00:44:10,560
Speaker 1: that's infuriating. We What what happened was when the Republicans,

758
00:44:11,080 --> 00:44:15,880
Speaker 1: usually spending bills originate in the House, and in that

759
00:44:16,080 --> 00:44:20,040
Speaker 1: case we are okay, one of those bills originated in

760
00:44:20,080 --> 00:44:25,759
Speaker 1: the Senate, and the Senate deprived. This bill deprived the

761
00:44:25,840 --> 00:44:31,520
Speaker 1: district of seven and fifty million dollars it was due.

762
00:44:32,280 --> 00:44:34,600
Speaker 1: That's what I'm trying to get back. We've gotten our

763
00:44:34,640 --> 00:44:39,120
Speaker 1: other money and in the bill that is before us,

764
00:44:39,120 --> 00:44:41,040
Speaker 1: and now, of course I don't know what the pair

765
00:44:41,160 --> 00:44:44,879
Speaker 1: down bill will look like. The Speaker did put that

766
00:44:44,960 --> 00:44:49,400
Speaker 1: money back in for us. So the district, as you know,

767
00:44:50,480 --> 00:44:58,680
Speaker 1: is often treated um mostly by Republicans and as unequally

768
00:44:58,760 --> 00:45:03,840
Speaker 1: as they can. Well seven, where is that money for?

769
00:45:06,680 --> 00:45:10,680
Speaker 1: Until our statehood? Bill which passed the House. I understand that,

770
00:45:10,760 --> 00:45:12,919
Speaker 1: but I want to focus on the missing money. There's

771
00:45:12,920 --> 00:45:15,320
Speaker 1: seven hundred and fifty million dollars. What is the status

772
00:45:15,400 --> 00:45:19,239
Speaker 1: of that money and where where should it have gone? UH?

773
00:45:19,320 --> 00:45:22,640
Speaker 1: That money should have gone to the District of Columbia

774
00:45:23,840 --> 00:45:27,840
Speaker 1: to be used for what it was not what it

775
00:45:27,880 --> 00:45:31,480
Speaker 1: was to be used for. It was part of the

776
00:45:31,560 --> 00:45:35,560
Speaker 1: Cares Act, and it would do the district. Um it

777
00:45:35,719 --> 00:45:40,000
Speaker 1: was cut because the district was treated as a territory.

778
00:45:40,160 --> 00:45:43,360
Speaker 1: The district is not a territory and is never treated

779
00:45:43,480 --> 00:45:49,040
Speaker 1: as a territory, especially for spending purposes. It is treated

780
00:45:49,160 --> 00:45:52,880
Speaker 1: always as a state. And that's even before we get statehood.

781
00:45:53,320 --> 00:45:55,440
Speaker 1: That that's the way it's always been. We're gonna have

782
00:45:55,480 --> 00:45:57,080
Speaker 1: to leave it there. But I just had to be frank.

783
00:45:57,120 --> 00:45:59,520
Speaker 1: I mean, if there's seven hundred and fifty million dollars,

784
00:45:59,520 --> 00:46:01,400
Speaker 1: people does to know what it is going to be

785
00:46:01,520 --> 00:46:04,000
Speaker 1: used for, where it should be distributed, and why it

786
00:46:04,040 --> 00:46:08,960
Speaker 1: wasn't dispersed, especially when small businesses across the district. It

787
00:46:09,040 --> 00:46:11,799
Speaker 1: was going to be used for small businesses, for schools,

788
00:46:11,800 --> 00:46:15,480
Speaker 1: for families, for what it's for. What it's being used for. UH,

789
00:46:15,560 --> 00:46:18,320
Speaker 1: and the other states that wasn't the issue. They didn't

790
00:46:18,360 --> 00:46:20,120
Speaker 1: They didn't take it from us because of what it

791
00:46:20,160 --> 00:46:22,239
Speaker 1: was going to be used for. It was going to

792
00:46:22,360 --> 00:46:26,960
Speaker 1: be used for small businesses, for schools, for the same

793
00:46:27,000 --> 00:46:29,200
Speaker 1: things that well that we have we have to We're

794
00:46:29,239 --> 00:46:31,640
Speaker 1: up against the heartbreak. And I appreciate your time, Congressiman

795
00:46:31,640 --> 00:46:33,600
Speaker 1: Eleanor Holmes Norton. But the fact of the matter is

796
00:46:33,840 --> 00:46:36,080
Speaker 1: people need that money, and they needed it yesterday, and

797
00:46:36,120 --> 00:46:38,240
Speaker 1: they needed it when that bill passed. I'm Kevin Severely,

798
00:46:38,320 --> 00:46:41,560
Speaker 1: chief Washington correspondent for Bloomberg Television and Radio. You're listening

799
00:46:41,600 --> 00:47:00,319
Speaker 1: to Bloomberg N one. This is Bloomberg Sound On with

800
00:47:00,400 --> 00:47:06,480
Speaker 1: Kevin on Bloomberg and one or five point two. I'm

801
00:47:06,560 --> 00:47:10,760
Speaker 1: Kevin CURRELLI chief Washington correspondent for Bloomberg Television and for

802
00:47:11,239 --> 00:47:16,080
Speaker 1: Bloomberg Radio. I'm joined by Karen Finney, Democratic strategist in

803
00:47:16,080 --> 00:47:19,160
Speaker 1: former Clinton campaign spokes on, an Entiler Deaton, Republican strategist,

804
00:47:19,160 --> 00:47:22,640
Speaker 1: fundraiser president of Allegiance Strategies. Tyler. I know you were

805
00:47:22,680 --> 00:47:26,239
Speaker 1: listening to that interview with Congressoman Eleanor Holmes Norton. I

806
00:47:26,280 --> 00:47:30,200
Speaker 1: just want to get your reaction to it. Yeah, I mean, look,

807
00:47:30,200 --> 00:47:33,080
Speaker 1: the Cares Acts have a lot of flaws. I am

808
00:47:33,120 --> 00:47:36,640
Speaker 1: not at all familiar with what she was describing related

809
00:47:36,680 --> 00:47:39,200
Speaker 1: to d C, but I'd certainly believe it. I mean,

810
00:47:39,320 --> 00:47:41,600
Speaker 1: I just I have a list of just the drafting

811
00:47:41,680 --> 00:47:44,440
Speaker 1: errors in the Cares Act that runs onto multiple pages

812
00:47:44,520 --> 00:47:47,080
Speaker 1: that I'm hoping we passed the deal just so we

813
00:47:47,120 --> 00:47:49,640
Speaker 1: can still do the technical corrections to the Cares Act.

814
00:47:49,680 --> 00:47:52,040
Speaker 1: I mean, do you know the Care's Act left out

815
00:47:52,080 --> 00:47:55,719
Speaker 1: people just because they were married to an immigrant, even

816
00:47:55,719 --> 00:47:57,680
Speaker 1: if they were married to a legal immigrant, they got

817
00:47:57,680 --> 00:48:02,840
Speaker 1: denied their stimulus check. Adult with Down syndrome and other adults,

818
00:48:03,280 --> 00:48:06,759
Speaker 1: adult people with disabilities got left out of the stimulus.

819
00:48:06,800 --> 00:48:08,480
Speaker 1: I mean, there's just all sorts of problems with the

820
00:48:08,480 --> 00:48:11,520
Speaker 1: Cares at So I appreciate that she's highlighting that. I

821
00:48:11,560 --> 00:48:13,439
Speaker 1: don't think we should let that go, that there's still

822
00:48:13,480 --> 00:48:15,640
Speaker 1: some clean up we've got to do. I'm just I'm

823
00:48:15,680 --> 00:48:19,359
Speaker 1: not familiar with with what she was describing, But yeah,

824
00:48:19,400 --> 00:48:21,840
Speaker 1: I don't think it was She was very confusing, and

825
00:48:22,239 --> 00:48:24,880
Speaker 1: I'm not sure I understood the argument that she was

826
00:48:24,920 --> 00:48:27,920
Speaker 1: making either. Um, okay, let's do time out for my

827
00:48:27,960 --> 00:48:29,799
Speaker 1: favorite part of the program, which is what is on

828
00:48:29,840 --> 00:48:35,320
Speaker 1: the panel's radar. Karen Finny, what's on your radar? Oh? Sweet, Monday,

829
00:48:35,400 --> 00:48:39,320
Speaker 1: December four teeny electors vote and ever and then it

830
00:48:39,520 --> 00:48:43,880
Speaker 1: is done, done, done, And this you know, publous nightmare

831
00:48:44,080 --> 00:48:47,000
Speaker 1: of you know, a Republican party that is aiding and

832
00:48:47,120 --> 00:48:52,600
Speaker 1: abetting attempts to disenfranchise millions of Americans. For those who

833
00:48:52,600 --> 00:48:55,360
Speaker 1: don't know, I mean, you know, the the Electoral College

834
00:48:55,360 --> 00:48:59,120
Speaker 1: will vote on Monday. We had happening, just I guess

835
00:48:59,120 --> 00:49:02,200
Speaker 1: in the last feels like eight hours, although always hard

836
00:49:02,239 --> 00:49:06,040
Speaker 1: to track and covid, Uh, it's not March. It's still

837
00:49:06,080 --> 00:49:10,759
Speaker 1: not March. It really is, and it's and it's still folks,

838
00:49:11,160 --> 00:49:13,600
Speaker 1: only for two more weeks. Karen, come on, it's Friday.

839
00:49:13,600 --> 00:49:16,600
Speaker 1: Give us some optimism. That's right, that's right. But I

840
00:49:16,640 --> 00:49:18,680
Speaker 1: think you know, look, there's all kind of kicked into

841
00:49:18,760 --> 00:49:21,880
Speaker 1: high year when you have you know, attorney Republican attorneys

842
00:49:21,960 --> 00:49:25,879
Speaker 1: general trying to file a law, a lastic effort with

843
00:49:26,360 --> 00:49:29,640
Speaker 1: very little legal merit, as I understand it from legal scholars,

844
00:49:30,120 --> 00:49:33,560
Speaker 1: UH to try to again go to the Supreme Court

845
00:49:33,640 --> 00:49:36,920
Speaker 1: to overturn the will of the American people, the votes

846
00:49:36,960 --> 00:49:40,719
Speaker 1: of Americans in UH four States, and you've now got

847
00:49:40,760 --> 00:49:44,759
Speaker 1: over a hundred and thirty Republican Congressmen, including now I

848
00:49:44,840 --> 00:49:47,920
Speaker 1: believe it's Kevin McCarthy has has joined. It's just appalling,

849
00:49:47,960 --> 00:49:52,360
Speaker 1: and it's such a disgusting, uh perversion of our democracy.

850
00:49:52,560 --> 00:49:56,760
Speaker 1: And so I look forward to the electors voting on Monday, UM,

851
00:49:56,960 --> 00:50:01,239
Speaker 1: and you know, I hope that will at least those

852
00:50:01,280 --> 00:50:03,279
Speaker 1: who are able to come to their senses and the

853
00:50:03,320 --> 00:50:06,440
Speaker 1: Republican Party will do so. And and just stop this

854
00:50:06,560 --> 00:50:09,960
Speaker 1: nonsense and stop trying to take away votes from Americans

855
00:50:10,000 --> 00:50:14,640
Speaker 1: who voted legally UM and within their absolute rights to

856
00:50:14,680 --> 00:50:17,319
Speaker 1: do so. Tyler, before I ask you what's on your radar,

857
00:50:17,400 --> 00:50:19,880
Speaker 1: let's let's unpack this a little bit, because you had

858
00:50:19,960 --> 00:50:21,920
Speaker 1: alluded at the top of the hour to the Georgia

859
00:50:22,000 --> 00:50:25,399
Speaker 1: runoffs on January five, and that is obviously a very

860
00:50:25,440 --> 00:50:30,080
Speaker 1: crucial crucial election UM and its impact on the dynamic

861
00:50:30,120 --> 00:50:32,680
Speaker 1: in the Senate. But you had you had mentioned that

862
00:50:32,920 --> 00:50:37,359
Speaker 1: not passing a fiscal stimulus relief bill might hurt republicans

863
00:50:37,440 --> 00:50:41,640
Speaker 1: chances in Georgia, coupled with what Karen just alluded to,

864
00:50:41,760 --> 00:50:44,719
Speaker 1: which will likely try the Democrats will try to use

865
00:50:44,760 --> 00:50:48,719
Speaker 1: to galvanize the progressive base in Georgia, how how much?

866
00:50:48,960 --> 00:50:52,000
Speaker 1: What are your thoughts on what she's saying coupled with

867
00:50:52,080 --> 00:50:56,239
Speaker 1: lack of stimulus funding and how that impacts Georgia. I

868
00:50:56,280 --> 00:50:59,840
Speaker 1: think that there are a lot of center right, the

869
00:51:00,080 --> 00:51:05,160
Speaker 1: dependent voting but usually Republicans supporting men and women and

870
00:51:05,320 --> 00:51:09,160
Speaker 1: especially women in the Atlanta suburbs, and they are absorbing

871
00:51:09,440 --> 00:51:12,880
Speaker 1: all of this Kevin and everything that Karen was just describing.

872
00:51:13,160 --> 00:51:16,200
Speaker 1: These voters they're seeing that, they're hearing that, and I

873
00:51:16,239 --> 00:51:18,200
Speaker 1: think a lot of them are alarmed. I think it's

874
00:51:18,239 --> 00:51:22,160
Speaker 1: why President elect Biden won Georgia. UM. I think that's

875
00:51:22,160 --> 00:51:26,080
Speaker 1: why the two Democratic gentlemen John Austut and Raphael Warnock

876
00:51:26,120 --> 00:51:29,200
Speaker 1: were able to keep it close in Georgia during the

877
00:51:29,239 --> 00:51:32,400
Speaker 1: general elections, and that's why we're in this runoff situation.

878
00:51:32,680 --> 00:51:36,000
Speaker 1: I think that Republicans are playing with fire. UM. I

879
00:51:36,040 --> 00:51:38,720
Speaker 1: think it does hurt our democracy, and I think if

880
00:51:38,760 --> 00:51:40,960
Speaker 1: if people won't buy that, then they should at least

881
00:51:40,960 --> 00:51:44,239
Speaker 1: buy that it's hurting us in the immediate term. In

882
00:51:44,280 --> 00:51:46,920
Speaker 1: these Georgia runoffs, I think that voters are going to

883
00:51:47,000 --> 00:51:50,600
Speaker 1: punish Republicans if we continue to look like sore losers.

884
00:51:50,719 --> 00:51:56,319
Speaker 1: It's just as simple as that. Oh absolutely, Um, And

885
00:51:56,360 --> 00:51:58,040
Speaker 1: look in Georgia, I mean I think the other thing

886
00:51:58,120 --> 00:52:01,239
Speaker 1: that is is really motivated mobile lizing people. I mean, look,

887
00:52:01,360 --> 00:52:05,920
Speaker 1: I think it does hurt with moderate Republicans. Uh, no question.

888
00:52:06,280 --> 00:52:09,279
Speaker 1: I think it also. Uh, you know, there's really high

889
00:52:09,360 --> 00:52:14,200
Speaker 1: motivation to vote among Democratic voters in Georgia because people understand,

890
00:52:14,239 --> 00:52:16,240
Speaker 1: I mean, if you are someone who fought for criminal

891
00:52:16,320 --> 00:52:19,600
Speaker 1: justice reform or protecting our healthcare, people are very aware

892
00:52:19,640 --> 00:52:23,480
Speaker 1: in Georgia that voting for Ruffael Warnock and John Assup

893
00:52:23,600 --> 00:52:25,960
Speaker 1: is a way to make sure those things happen. Those

894
00:52:26,000 --> 00:52:29,080
Speaker 1: are not issues where the Republican Party has any credibility,

895
00:52:29,320 --> 00:52:33,000
Speaker 1: and frankly, for black voters in particular, those are life

896
00:52:33,120 --> 00:52:36,040
Speaker 1: and death issues. Frankly, COVID is a life and death

897
00:52:36,120 --> 00:52:39,279
Speaker 1: issue right now as well. And so that's a lot

898
00:52:39,320 --> 00:52:43,120
Speaker 1: of what is mobilizing people and motivating them. Uh, Tyler Deaton,

899
00:52:43,160 --> 00:52:45,920
Speaker 1: what's on your radar? Well, Well, I would love to

900
00:52:46,000 --> 00:52:48,319
Speaker 1: keep talking about Georgia because that's what I think is

901
00:52:48,360 --> 00:52:50,960
Speaker 1: the make or break and it's going to be a

902
00:52:51,000 --> 00:52:54,040
Speaker 1: one billion dollar center race before this is all said

903
00:52:54,040 --> 00:52:55,840
Speaker 1: and done. It may not cost as much as the

904
00:52:55,880 --> 00:52:59,160
Speaker 1: presidential election. But I'll tell you what, it's heading that way.

905
00:52:59,280 --> 00:53:03,880
Speaker 1: We've never seen money being spent likeness. And I tell you, Kevin,

906
00:53:04,160 --> 00:53:07,279
Speaker 1: I don't think the money matters. They're spending so much.

907
00:53:07,320 --> 00:53:11,520
Speaker 1: It's just the money always matters. The money always matters.

908
00:53:12,680 --> 00:53:15,000
Speaker 1: And you know what, Tyler, I'm gonna call your bluff

909
00:53:15,000 --> 00:53:16,680
Speaker 1: because it's Friday and I need to have some fun.

910
00:53:16,920 --> 00:53:20,360
Speaker 1: You're a fundraiser. The money always matters. But go ahead.

911
00:53:22,160 --> 00:53:29,760
Speaker 1: We have gone through definitely, neither do you, Karen. Go ahead, Tyler,

912
00:53:31,120 --> 00:53:34,759
Speaker 1: Georgia battleground fun dot com. But otherwise, look, they have

913
00:53:34,880 --> 00:53:37,239
Speaker 1: more money than they need, all right, And that's really

914
00:53:37,320 --> 00:53:39,440
Speaker 1: the bottom line is that this race won't be decided

915
00:53:39,440 --> 00:53:41,759
Speaker 1: to buy the money. Everybody's got more money than God

916
00:53:42,320 --> 00:53:45,000
Speaker 1: who has the message. And I will say this to

917
00:53:45,120 --> 00:53:46,680
Speaker 1: what Karen was saying, because I have a bit of

918
00:53:46,680 --> 00:53:49,840
Speaker 1: a disagreement. I think that John as often Rafael Warnock

919
00:53:49,920 --> 00:53:54,239
Speaker 1: are actually not great candidates for Georgia. But Republicans are

920
00:53:54,360 --> 00:53:56,360
Speaker 1: just shooting themselves in the foot, and then they shoot

921
00:53:56,400 --> 00:53:58,000
Speaker 1: themselves in the other foot, and then the hand, and

922
00:53:58,000 --> 00:54:00,839
Speaker 1: then the other hand, and it's just Republicans right now.

923
00:54:00,920 --> 00:54:04,960
Speaker 1: I'm in shock. That we're just doing everything we can

924
00:54:05,040 --> 00:54:08,120
Speaker 1: to lose these races to two gentlemen who are way

925
00:54:08,120 --> 00:54:11,360
Speaker 1: too liberal for Georgia, but have a very serious chance

926
00:54:11,400 --> 00:54:15,040
Speaker 1: of winning simply because I think a lot of those independent,

927
00:54:15,200 --> 00:54:18,879
Speaker 1: right leaning voters are fed up and there is very

928
00:54:18,960 --> 00:54:22,279
Speaker 1: little time left. Of course, correct, there is less than

929
00:54:22,320 --> 00:54:27,440
Speaker 1: four weeks left. Tyler Deeton's sound, Karen, I'm struck by this.

930
00:54:27,520 --> 00:54:31,439
Speaker 1: Tyler Deeton sounds pessimistic on Republicans chances in George. Wow,

931
00:54:31,960 --> 00:54:36,640
Speaker 1: I mean, are you are you optimistic about dograt Yeah? No,

932
00:54:36,760 --> 00:54:39,960
Speaker 1: I hear it. Yeah, I am for a couple of reasons.

933
00:54:40,000 --> 00:54:42,000
Speaker 1: Number one is you know Kevin I worked with for

934
00:54:42,239 --> 00:54:46,000
Speaker 1: I advised Stacy abrams combinatorial race, and I also happened

935
00:54:46,000 --> 00:54:48,680
Speaker 1: to know that over the last ten years she and

936
00:54:48,760 --> 00:54:53,600
Speaker 1: other organizations have fundamentally done the hard incremental work year

937
00:54:53,640 --> 00:54:58,200
Speaker 1: and in year out of reaching out to voters, registering voters,

938
00:54:58,200 --> 00:55:02,040
Speaker 1: doing voter education, voter mobilization, so the voters are there.

939
00:55:02,640 --> 00:55:04,520
Speaker 1: I agree, it's going to be less about money, is

940
00:55:04,680 --> 00:55:07,359
Speaker 1: more about mobilization and who can turn their voters out.

941
00:55:07,680 --> 00:55:10,319
Speaker 1: You've got a situation in Georgia where more people have

942
00:55:10,480 --> 00:55:14,600
Speaker 1: requested absentee ballots in the for the runoff than did

943
00:55:14,640 --> 00:55:17,880
Speaker 1: in the general election. So that's when when I say motive,

944
00:55:18,200 --> 00:55:21,480
Speaker 1: and these tend to be Democrats, so the motivation is

945
00:55:21,600 --> 00:55:24,359
Speaker 1: very high. The last thing I'll say, you know, some

946
00:55:24,440 --> 00:55:26,680
Speaker 1: of the criticisms that have been leveled, for example at

947
00:55:26,719 --> 00:55:30,919
Speaker 1: Rossbail Warnock, the pastor of Martin Luther King Junior's former church,

948
00:55:31,239 --> 00:55:33,640
Speaker 1: are similar that he's too much of a lefty. I

949
00:55:33,640 --> 00:55:35,600
Speaker 1: don't think we see Martin Luther King Jr. As too

950
00:55:35,680 --> 00:55:37,359
Speaker 1: much of a lefty. This is a pastor who has

951
00:55:37,400 --> 00:55:40,239
Speaker 1: you know, built community uh and knows how to bring

952
00:55:40,280 --> 00:55:42,880
Speaker 1: people together. John asta of someone who has worked you

953
00:55:42,920 --> 00:55:46,040
Speaker 1: know at the side of John lewis great American hero

954
00:55:46,520 --> 00:55:49,000
Speaker 1: and frankly knows something about how to root out corruption.

955
00:55:49,120 --> 00:55:52,080
Speaker 1: And so I think both men actually have very important

956
00:55:52,440 --> 00:55:56,200
Speaker 1: stories and messages that they're and and what they're talking

957
00:55:56,200 --> 00:55:59,960
Speaker 1: about in the election. This election matters, and the fact

958
00:56:00,080 --> 00:56:03,000
Speaker 1: that they have been willing to talk to voters everywhere

959
00:56:03,080 --> 00:56:05,480
Speaker 1: and go to all parts of Georgia the weekends going

960
00:56:05,520 --> 00:56:07,640
Speaker 1: to make the difference. I gotta go. Thank you so much,

961
00:56:07,680 --> 00:56:10,320
Speaker 1: Karen Finny, truly, thank you for your time. Tyler Dieton.

962
00:56:10,360 --> 00:56:12,840
Speaker 1: Thank you for your time truly, and thank you for listening.

963
00:56:12,840 --> 00:56:15,040
Speaker 1: Thank you to Congressman Eleanor Holmes Norton as well. I'm

964
00:56:15,120 --> 00:56:18,080
Speaker 1: Kevin CURRELLI, Chief Washington correspondent for Member of TV and Radio.

965
00:56:18,440 --> 00:56:20,440
Speaker 1: Have a great weekend, everybody, Stay safe. You're listening to

966
00:56:20,480 --> 00:56:21,520
Speaker 1: Bloomberg Ganny. I want