WEBVTT - Instant Reaction: Donald Trump Indicted

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<v Speaker 1>Six pm on Wall Street as we continue our special

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<v Speaker 1>coverage Donald Trump being indicted today in Washington on federal

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<v Speaker 1>charges over his efforts to overturn the twenty twenty presidential election. Brian, Yeah.

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<v Speaker 2>These charges include conspiracy to defraud the United States, conspiracy

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<v Speaker 2>to obstruct an official preceding, obstruction of and an attempt

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<v Speaker 2>to obstruct an official proceeding, and conspiracy against the right

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<v Speaker 2>to vote and have that vote counted. That's all according

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<v Speaker 2>to the indictment that was filed. We go to Ed Baxter, Ed.

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<v Speaker 3>All right, thank you very much. Brian, Yeah, you went

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<v Speaker 3>over the charges. He is also, we are finding out,

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<v Speaker 3>going to be appearing or is ordered to appear before

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<v Speaker 3>the court on Thursday the third, So that is a

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<v Speaker 3>day after tomorrow us and whether he is asked to

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<v Speaker 3>enter a plea at that time, we don't know, but

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<v Speaker 3>that is where it will That's where it will go.

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<v Speaker 3>Let's find out a little bit more. How we're joined

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<v Speaker 3>by Bloomberg's at June Grass so of Bloomberg Law, Jill,

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<v Speaker 3>let's go with. Brian briefly mentioned the counts. Let's let's

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<v Speaker 3>go through them. If we cannot know that, you're just

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<v Speaker 3>getting them and reading them forty five pages. But let's

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<v Speaker 3>start with with count one. This is this is basically

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<v Speaker 3>effort to overturn the election. This is this is really

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<v Speaker 3>the broad one.

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<v Speaker 4>Right, So I have to say that these counts we

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<v Speaker 4>sort of were familiar with them because they were mentioned

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<v Speaker 4>in that target letter that President Trump got, so we

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<v Speaker 4>sort of have some background on them. The conspiracy to

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<v Speaker 4>defraud the United States, this is really about the fake

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<v Speaker 4>electors charge. You know, the schemes and the tactics that

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<v Speaker 4>he used. And what's really interesting in this it's a

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<v Speaker 4>speaking indictment, so there's a lot of information in there,

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<v Speaker 4>and a lot of it people will have heard of.

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<v Speaker 1>So they go.

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<v Speaker 4>Through in this indictment five different states Georgia, Arizona, Michigan, Pennsylvania,

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<v Speaker 4>and Wisconsin, and they talk about what happened in each

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<v Speaker 4>of those states, so people will be familiar with some

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<v Speaker 4>of the things. For example, it mentions that phone call

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<v Speaker 4>that we've all heard a million times probably where he's

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<v Speaker 4>talking to Brad Rathensberger about finding eleven thousand, etc. Votes.

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<v Speaker 4>So so you'll see a lot of things that you'll recognize.

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<v Speaker 4>What's also interesting is that he's the only one charged.

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<v Speaker 4>There are six other co conspirators that are not meant

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<v Speaker 4>that are not named. However, you can also tell who

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<v Speaker 4>some of them are. It's pretty obvious that Rudy Giuliani

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<v Speaker 4>is one of them, and some of the other attorneys

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<v Speaker 4>that were involved in the efforts to change the results

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<v Speaker 4>of the election. So that one a federal judge actually

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<v Speaker 4>already found by a preponderance of the evidence that Trump

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<v Speaker 4>and a co conspirait at that time it was Johnnystman.

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<v Speaker 4>He's also one of the co conspiderers here likely violated

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<v Speaker 4>this conspiracy to fraud the US, which is a very

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<v Speaker 4>broad statute.

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<v Speaker 3>Okay, So, and we're standing by by the way for

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<v Speaker 3>a press conference with Jack Smith. He is going to speak,

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<v Speaker 3>and I want to follow though, because of the second

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<v Speaker 3>count is interfering with the process of certifying, so that

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<v Speaker 3>that is going really to the heart of obstructing the

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<v Speaker 3>certification of a vote which would lead to the transfer

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<v Speaker 3>of power.

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<v Speaker 4>So this again section fifteen twelve of Title eighteen has

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<v Speaker 4>been used many, many times, perhaps hundreds of times against

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<v Speaker 4>January sixth rider. It's the Justice departments go to count

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<v Speaker 4>in describing the central event of that day, which was

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<v Speaker 4>the disruption of the electoral College certification process that was

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<v Speaker 4>taking place inside the Capitol, so that is, you know,

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<v Speaker 4>fairly expected, and they go through, I mean every detail

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<v Speaker 4>that you can imagine about what happened that day and

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<v Speaker 4>what former President Trump said, including you know what we've

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<v Speaker 4>all seen, which was his speech to the crowd there

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<v Speaker 4>and telling them to march on the Capitol June.

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<v Speaker 2>From what we've heard from Trump's lawyers, John Laura and

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<v Speaker 2>Todd Blanche is the main line of defense political persecution.

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<v Speaker 2>And then just a quick follow to that is what's

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<v Speaker 2>the reason from a legal standpoint that the alleged co

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<v Speaker 2>conspirators have not been officially named.

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<v Speaker 4>Well, the reason may be that the Special Council really

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<v Speaker 4>wants to move this to trial fast. So where you

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<v Speaker 4>have one defendant, it's much easier to move it to

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<v Speaker 4>trial fast. I mean that doesn't mean that, in other words,

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<v Speaker 4>since they haven't named the co conspirators, they can still

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<v Speaker 4>file charges against them, you know, at another time. So

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<v Speaker 4>that doesn't mean that the co conspiras are free and clear.

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<v Speaker 4>I know that, you know, Rudy Giuliani had told reporters

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<v Speaker 4>that he wasn't being you know, they weren't. He didn't

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<v Speaker 4>get a target letter. He wasn't being indicted, he should

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<v Speaker 4>say at this time, because you never know what will

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<v Speaker 4>happen in the future, and I think it's kind of

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<v Speaker 4>unlikely that they're going to let these co conspirators, you know,

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<v Speaker 4>get off just free and clear. And as far as

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<v Speaker 4>what we've heard from former President Trump and his lawyers

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<v Speaker 4>is this is you know, political prosecution, the witch hunt,

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<v Speaker 4>which we've heard since even before he became president. That's

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<v Speaker 4>not going to fly so well in a courtroom. A

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<v Speaker 4>judge probably won't even let them raise that. And Trump

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<v Speaker 4>has also said that he's going to raise the that

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<v Speaker 4>the election was stolen from him, and I'm sure a

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<v Speaker 4>judge is not going to let him raise that either,

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<v Speaker 4>because it's been proven in courtrooms. I forget how many

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<v Speaker 4>time and time again that the election was fair and

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<v Speaker 4>free and was not stolen from him. Some of the

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<v Speaker 4>other things he could raise. Advice of counsel is something

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<v Speaker 4>that's been talked about, but there again, you have to

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<v Speaker 4>have a specific counsel that advised you, and you know,

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<v Speaker 4>you have to have there's a thing called you have

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<v Speaker 4>to You can't just accept what's said by somebody. You

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<v Speaker 4>can't accept something if it's reckless disregard for the truth. So,

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<v Speaker 4>I mean, he's going to have a lot more restrictions

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<v Speaker 4>on his defense than those that he or his attorneys

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<v Speaker 4>throw around. You know, when they're doing interviews. It's going

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<v Speaker 4>to be a lot different in a courtroom.

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<v Speaker 3>Now, you mentioned June that just looking at Georgia and

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<v Speaker 3>other states, this is going to parallel what is going

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<v Speaker 3>on with a potential indictment in Georgia. Doesn't I didn't

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<v Speaker 3>realize it was going to be this wide ranging. It is.

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<v Speaker 3>It is very much a circle, isn't it.

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<v Speaker 4>Well, it is, I mean they're covering I was surprised.

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<v Speaker 4>I mean, we had heard that, you know, they were

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<v Speaker 4>definitely looking into Georgia, they had talked to the Georgia

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<v Speaker 4>election officials and secretor of state, et cetera. And we

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<v Speaker 4>knew that it was you know, Michigan. There was talk

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<v Speaker 4>that they had talked to electors et cetera in Michigan.

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<v Speaker 4>But it really is broad because it goes to Pennsylvania,

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<v Speaker 4>it goes to Arizona, goes to Wisconsin, and those are

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<v Speaker 4>states where I don't think we have heard as much

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<v Speaker 4>about the electors in you know, in reporting. So it's

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<v Speaker 4>it's shows you how they really have investigated this and

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<v Speaker 4>they really have their facts down. I mean, you could

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<v Speaker 4>read this and it's sort of like reading a book.

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<v Speaker 4>You know, you don't have to, and sometimes in indictments

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<v Speaker 4>you have to like wonder and you look, what do

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<v Speaker 4>they mean? This is so clearly set out. It's called

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<v Speaker 4>a speaking indictment. It's the similar to the one that

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<v Speaker 4>we had in the classified documents case, although there are

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<v Speaker 4>no pictures in this one, but it's very easy to read.

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<v Speaker 4>And I think you know, last time we heard Jack

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<v Speaker 4>Smith say that he urged Americans to read the indictment,

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<v Speaker 4>and I think that's another thing that they'll probably be

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<v Speaker 4>hoping that Americans do to see, you know, where this

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<v Speaker 4>all came from and also why Donald Trump is being charged. Also,

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<v Speaker 4>you know, they have used that civil rights error law

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<v Speaker 4>for deprivation excuse me, deprivation of rights section two forty

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<v Speaker 4>one of Title eighteen. And that was a surprise when

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<v Speaker 4>it came out in the target letter. It's been used

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<v Speaker 4>broadly though in the modern era with cases of voting

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<v Speaker 4>fraud conspiracies, so that also was not a surprise. But

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<v Speaker 4>it was a surprise when we heard the target letter,

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<v Speaker 4>but not so much this because this follows along with

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<v Speaker 4>what we anticipated.

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<v Speaker 3>Yeah, and hang in there, June, will you, Brian? Did

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<v Speaker 3>you have something else to ask June?

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<v Speaker 2>Well, it's kind of a long type of question. I

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<v Speaker 2>don't know if we can sneak it in, but it

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<v Speaker 2>has to do whether or not this continues in the

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<v Speaker 2>public arena, which the former president seems to love. Or

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<v Speaker 2>you know, listening to former prosecutors and defense lawyers, Normally

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<v Speaker 2>they say once you are facing actually doing time in prison,

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<v Speaker 2>that you get very careful about what you say in public.

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<v Speaker 2>Is that going to be the case this time around?

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<v Speaker 1>Well?

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<v Speaker 4>I don't think Donald Trump is prone to being careful

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<v Speaker 4>about what he says in public. I mean, he's talking

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<v Speaker 4>about this on the campaign trail. He continues to call

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<v Speaker 4>the Special Council deranged. But if you'll remember, when he

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<v Speaker 4>was in New York for his arraignment on those charges,

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<v Speaker 4>the judge very sternly instructed him not to say anything.

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<v Speaker 4>And I don't think he's really been talking that much

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<v Speaker 4>about that particular proceeding. But I think that he may,

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<v Speaker 4>even though his lawyers will tell him not to. They'll

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<v Speaker 4>tell him don't say anything because it could always be

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<v Speaker 4>used against you. I think that Donald Trump being Donald Trump,

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<v Speaker 4>He's probably going to continue to talk about it.

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<v Speaker 3>Hey, June, thank you and stand by for us. I

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<v Speaker 3>know you will and of it. This will be a

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<v Speaker 3>topic for Bloomberg Law tonight. That is Bloomberg's legal correspondent,

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<v Speaker 3>June Grasso. We want to just switch gears a little

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<v Speaker 3>bit and get with Jennie Shanzino, professor of Bloomberg Politics,

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<v Speaker 3>contributor author of American Democracy and Crisis. So here it is, Jennie,

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<v Speaker 3>this is history, this is you know.

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<v Speaker 5>I think it's really striking as we just take a

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<v Speaker 5>step back and to think that this is the first

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<v Speaker 5>former president to be charged with trying to steal an

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<v Speaker 5>election and to impact and disrupt the peaceful transfer of

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<v Speaker 5>power which we have had in this country since eighteen

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<v Speaker 5>hundred when John Adams handed it over to Thomas Jefferson,

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<v Speaker 5>somebody he detested from another party. So it is quite

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<v Speaker 5>an indictment. And I obviously like everybody else, and I

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<v Speaker 5>was just listening to all of June's details. I don't

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<v Speaker 5>know how she does it so fast, but trying to

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<v Speaker 5>read through this and somebody described it as a screaming

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<v Speaker 5>indictment not a speaking indictment, And I think that is

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<v Speaker 5>an apt description because it is chock full of details

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<v Speaker 5>of information and it is quite compelling to read what

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<v Speaker 5>they have laid out here in these four counts against him.

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<v Speaker 3>So now, politically, Brian asked a really good question of June,

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<v Speaker 3>and I want to ask the same thing of you.

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<v Speaker 3>I mean, well, let me try to refraate. No, I won't.

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<v Speaker 3>What's in my head? How do you tell Donald Trump

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<v Speaker 3>to shut up when it's when it's against his legal,

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<v Speaker 3>you know, probably responsibility to do so? How do you

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<v Speaker 3>do that? And will he? And politically can he?

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<v Speaker 5>Well, he won't because we already understand he has already

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<v Speaker 5>and not surprisingly, sent out a fundraising appeal as this

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<v Speaker 5>has come down, saying that this is the Biden administration's

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<v Speaker 5>attempt to try to block his campaign because the polls

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<v Speaker 5>that we've been talking about for the last two days

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<v Speaker 5>and last several weeks quite frankly show that he is

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<v Speaker 5>so far ahead. So he is not being silenced. And obviously,

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<v Speaker 5>all of us who support the First Amendment as and

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<v Speaker 5>I know all of you do, we don't want him

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<v Speaker 5>to be you know, sort of quiet in that way.

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<v Speaker 5>Or to be shut up. And it's I think one

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<v Speaker 5>of the really interesting things in this indictment is that

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<v Speaker 5>Jack Smith says very very clearly, he can go out

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<v Speaker 5>and he can say on truths. He can lie to

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<v Speaker 5>the American people, he can lie to the press, he

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<v Speaker 5>can go on the ellipse, and he can say myths truths.

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<v Speaker 5>But he's not being charged with any of that. He's

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<v Speaker 5>being charged with using the power or attempting to use

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<v Speaker 5>the power of his office and the power of the

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<v Speaker 5>government to steal an election and to overturn the will

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<v Speaker 5>of the American people. And so, you know, we can

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<v Speaker 5>have both in other words, and I think it's such

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<v Speaker 5>an important point that you both raise. We can have

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<v Speaker 5>freedom of speech, freedom of press, First Amendment rights, and

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<v Speaker 5>we can also have fair, transparent elections that are uninterrupted,

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<v Speaker 5>and that is how it should be in a democracy

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<v Speaker 5>like the United States. And that's why I was really, really,

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<v Speaker 5>you know, happy in the very quick reading I've done

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<v Speaker 5>to see Jack Smith lay that out. You can lie,

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<v Speaker 5>but you can't steal, and that is the reality