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Speaker 1: Why from our nations this budget thing is going to

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Speaker 1: do nothing space forts. I still think it's interesting. President

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Speaker 1: Trump not playing his cards yet. Headlines Policy and Politics Colliding,

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Speaker 1: Floomberg Sound on the Insideings the Influencers insides, I would

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Speaker 1: rather see a congressional solution. It's part of my DNA.

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Speaker 1: The Senate map in looks a lot different than it

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Speaker 1: looked in. You really have a divide within Team Trump.

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Speaker 1: The President has to do exactly what people sent him

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Speaker 1: here to do, which is to get it done. This

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Speaker 1: is Bloomberg Sound On with Kevin Shirley on Bloomberg and

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Speaker 1: one oh five point seven m h D two. President

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Speaker 1: Trump says Democrats playing politics about whether or not there

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Speaker 1: will be a recession. The President tweeting against FED chair

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Speaker 1: j Powell will dive into the policy and politics behind

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Speaker 1: President Trump's latest attack on the Central Bank. Plus she

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Speaker 1: says she believes in capitalism. Senator Kamala Harris courting big

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Speaker 1: dollar donors in the Hampton and doesn't have many nice

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Speaker 1: things to say about socialism. The latest from the campaign trail.

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Speaker 1: All of that, plus the situation in Hong Kong. Protesters

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Speaker 1: now continuing in the streets of Hong Kong. Brett Bruin

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Speaker 1: is here to navigate us through what all of this

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Speaker 1: means for President shi Jing Ping of China and the

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Speaker 1: looming US China trade talk. Shaun Rankins here, Executive director

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Speaker 1: of the Democratic Attorney Generals Association, and Chris Brudome, Republican strategist,

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Speaker 1: President of Vote America. Now lots of talk about whether

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Speaker 1: or not there will be a recession. There's a new

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Speaker 1: survey out today from the National Association for Business Economics,

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Speaker 1: and if you look at that, thirty four percent, thirty

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Speaker 1: four percent of folks of the economists surveyed by the

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Speaker 1: NAB say that the slowing economy will tip into recession

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Speaker 1: in twenty any one. President Trump had a lot to

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Speaker 1: say about this, as did Special Counselor to the President

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Speaker 1: Kelly and Conway. Here to navigate through all of this,

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Speaker 1: Shaan Rankin, Executive director of the Democratic Attorney General Association,

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Speaker 1: and Chris Prudom he is Republican strategist, President of Vote America. Now.

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Speaker 1: Sean the President tweeted out earlier today, our economy is

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Speaker 1: very strong, despite the horrendous lack of vision by j.

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Speaker 1: Powell and the Fed. But the Democrats are trying to

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Speaker 1: will the economy to be bad for purposes of the election.

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Speaker 1: Very selfish. Our dollar is so strong that it is

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Speaker 1: sadly hurting other parts of the world. Are Democrats trying

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Speaker 1: to will the economy into a recession? Of course not.

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Speaker 1: I think that both parties would like to see the U.

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Speaker 1: S economy running strong. I think there are some significant

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Speaker 1: disagreements about how to do that, and I think we've

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Speaker 1: been moving ourselves towards this, you know, ongoing trade war

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Speaker 1: with China, which is starting to have an impact on

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Speaker 1: the average families, you know, wallets and bottom line. Um,

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Speaker 1: we don't want to see that. I don't think anybody does.

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Speaker 1: Coming up later on in the program, Brett Brewin is here.

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Speaker 1: Brett uh He spent the summer really back and forth

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Speaker 1: with UH with in Europe. He's the president of the

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Speaker 1: Global Situation Room and former White House Director of Global Engagement.

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Speaker 1: He's going to navigate through the situation in Hong Kong,

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Speaker 1: the situation with bregsit and how all of that impacts

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Speaker 1: the global forecast. So Chris, my question, first of all,

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Speaker 1: welcome to the your first time on Bloomberg Radio sound

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Speaker 1: on it is thank you for having me so much

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Speaker 1: so you hear from what President Trump is saying, we

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Speaker 1: just heard from what Shawn saying. I mean, makes sense

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Speaker 1: of this for us in terms of how this is

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Speaker 1: reshaping the political discourse here in Washington. This this chatter

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Speaker 1: of of of whether or not there's going to be

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Speaker 1: a recession. Well, of course, I don't think anyone wants

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Speaker 1: a recession at all. Um. I think kind of what

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Speaker 1: MP's point, I mean, it's kind of a conspiracy theory.

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Speaker 1: But but also to shop a recession is a conspiracy theory. Wow,

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Speaker 1: I haven't heard that chrism, you know. Wow, Okay, go ahead. Look,

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Speaker 1: I think the president administration and stuff, of course doing

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Speaker 1: all they can all they can. Consumers are working, wages

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Speaker 1: are rising, uh and and people are spending money. Obviously

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Speaker 1: there's a there's a few challenges that we currently are

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Speaker 1: having with Like overall, I think we're in a good

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Speaker 1: position right now, and of course with trade talks looming,

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Speaker 1: and I think we're all hoping for the best. But

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Speaker 1: certainly no one runs a recession. So President Trump was

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Speaker 1: asked about whether or not there's going to be a recession.

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Speaker 1: He was speaking to reporters on Sunday as he left

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Speaker 1: his New Jersey estate about whether or not he was

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Speaker 1: prepared for recession. Take a listen to what President Trump

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Speaker 1: had to say about whether or not he's prepared for

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Speaker 1: a recession, and then Sean rankin, I want to get

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Speaker 1: your immediate response. Here's the president about whether or not

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Speaker 1: the US is prepared for recession. Honestly, I'm prepared for everything.

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Speaker 1: I don't think we're having a recession. We're doing tremendously well.

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Speaker 1: Our consumers are rich. I gave a tremendous tax cut,

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Speaker 1: and they loaded up with money. Well, I don't know

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Speaker 1: that everybody's loading it up with money. I think they're talking,

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Speaker 1: you know, I don't think everybody's loaded up with money.

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Speaker 1: I think that, Um, there's a real question mark about

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Speaker 1: you know, who's doing well right now and who isn't. Um,

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Speaker 1: we're not seeing gains across the board, and we've seen

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Speaker 1: real wages, you know, going the wrong way for years. Um.

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Speaker 1: I think that both parties would like to see, you know,

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Speaker 1: movement in the you know, the growth of wages for

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Speaker 1: the middle class. They'd like to see that. You know,

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Speaker 1: the middle is bouncing back, but we're just not seeing that.

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Speaker 1: You know, it's it's fascinating to watch just how all

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Speaker 1: of this Chris plays out on the twenties twenty campaign

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Speaker 1: trail and Better Overork. He he was just as point

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Speaker 1: blank at the University of Arkansas on Sunday about whether

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Speaker 1: or not he his thoughts about all this for Session chatter,

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Speaker 1: and uh, you know, and he had to say that

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Speaker 1: a two trillion dollar tack scout adding to two trillion

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Speaker 1: dollars of data trade war with China shutting down markets

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Speaker 1: here in Arkansas, across the country, it's hurdling this country

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Speaker 1: and the world towards recession. So that's Better Over Works

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Speaker 1: remarks on Sunday. So to your point, I mean, and

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Speaker 1: when we had when we had Muhammad Alarian on last week,

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Speaker 1: I mean he said, let's not talk ourselves into a recession. Uh,

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Speaker 1: you now have actively people debating it. How does that

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Speaker 1: impact everything? YEA, Look, I think it he doesn't affect

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Speaker 1: it a lot at all. I think for the Democrats

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Speaker 1: growing obviously an election year going into that, I think

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Speaker 1: it probably impacts their so much more. I mean, it's

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Speaker 1: just's just another talking point, kind of like impeachment. You

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Speaker 1: keep talking about something over and over again, it becomes

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Speaker 1: a kind of a big sensation. UM. I think if

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Speaker 1: you say it once twice and say a thousand times

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Speaker 1: and becomes something real. And perhaps that's the conversation now

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Speaker 1: we're talking all talking about including us. It is because

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Speaker 1: people have been talking about it. But is it something real?

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Speaker 1: I mean, of course, anything can happen. Um, I don't

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Speaker 1: think anybody wants to. But as President Trump says, he,

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Speaker 1: I mean, obviously it's prepared in a sense of we

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Speaker 1: don't it to happen. But what else can you do

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Speaker 1: but p prepare for anything that can potentially happen. Alright, cool.

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Speaker 1: Coming up, we're gonna check in with Brett Bruin about

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Speaker 1: the global landscape in terms of Hong Kong. The panel

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Speaker 1: is going to stay. You're listening to Bloomberg Sound On

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Speaker 1: with Kevin Currele on Bloomberg and one oh five point

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Speaker 1: seven m h D two. I'm Kevin Cirelli, Chief Washington

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Speaker 1: correspondent from Bloomberg Television Bloomberg Radio, back from Philadelphia. I

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Speaker 1: was there over the weekend celebrating my mom's birthday. I'm

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Speaker 1: not gonna say how old she is. She would disown me.

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Speaker 1: But we're here back in Washington. D c with a

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Speaker 1: friend of the program, Brett Bruin. He is president of

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Speaker 1: the Global Situation Room and a former White House Director

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Speaker 1: of Global Engagement. Brett's been like jets, setting back and

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Speaker 1: forth between Europe New York City. Hard to keep up

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Speaker 1: with your bread. But I want to talk to you

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Speaker 1: first and foremost about whether or not. First and foremost,

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Speaker 1: do you think we're gonna have a recession? That's the

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Speaker 1: talk of the pound today. Well, I think the indicators

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Speaker 1: are pointing in that direction, and quite frankly, if the

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Speaker 1: administration doesn't take some quick and effective steps to address

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Speaker 1: what obviously are underlying problems in the economy, we're heading

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Speaker 1: into a recession. I want to go global, because that's

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Speaker 1: what you do well. Number one. Number two. We talked

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Speaker 1: domestically earlier on in the program about trade talks, for example,

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Speaker 1: between the U S trade policy with Europe as well

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Speaker 1: as with the U S and China. But there are

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Speaker 1: a lot of other factors going on in the world

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Speaker 1: that relates to the probability of whether or not there

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Speaker 1: will be a recession that candidly don't have anything to

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Speaker 1: do with President Trump, but don't really have anything to

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Speaker 1: do with the United States case in point Hong Kong.

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Speaker 1: I just watched hum Bloomberg Television talking about the situation

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Speaker 1: with regards to Hong Kong. Big tech is actually out today.

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Speaker 1: They're saying Twitter Inc. Found and deleted hundreds of accounts.

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Speaker 1: Uh It said China used to undermine the Hong Kong

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Speaker 1: protest movement and calls for political change. What we're seeing

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Speaker 1: out in Hong Kong is remarkable. It's a resilient movement

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Speaker 1: that quite frankly, few expected, and it has rattled Beijing.

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Speaker 1: They are clearly, by these actions on social media, stepping

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Speaker 1: up their information operations. What does that mean. It means

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Speaker 1: that for a long time, China was present. We see

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Speaker 1: them on street corners with China Daily, some in the

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Speaker 1: broadcast space with China Global Television. But these information operations

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Speaker 1: represent a new, more concerning step, because what China is

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Speaker 1: now doing is entering into a space where their weaponizing information.

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Speaker 1: They're going on the attack. I have been to Beijing,

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Speaker 1: talked with folks extensively about some of these issues. No

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Speaker 1: one expected them to move quite so fast, but clearly

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Speaker 1: they're feeling the heat, they're feeling the pressure, and that's

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Speaker 1: why they've gone down this path as President choojing Ping

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Speaker 1: weaker domestically politically the longer these protests and hog Hon

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Speaker 1: go on, without question, and you have two factors that

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Speaker 1: are at play. On the one hand, the external pressure

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Speaker 1: from Trump's tariffs and and as we've discussed, you know,

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Speaker 1: there are very few points that I can find in

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Speaker 1: this administration's foreign policy that I agree with on the

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Speaker 1: China front, though I do think the administration is taking

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Speaker 1: the right approach and they're playing it well. So Beijing

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Speaker 1: feels a lot of pressure externally. Their economy is grinding

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Speaker 1: to a halt, their exports are suffering. And at the

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Speaker 1: other hand, they have this situation in Hong Kong where

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Speaker 1: if they show any movement, any movement that bows to

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Speaker 1: the demands of the protesters, it represents a dramatic shift

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Speaker 1: in how they have governed both mainland China as well

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Speaker 1: as how they've presented themselves regionally and internationally. So they

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Speaker 1: just cannot accept any of these demands and it requires

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Speaker 1: them to try to find some way to undermine the protesters.

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Speaker 1: But is yesterday's remarkable performance, despite the rain, despite the

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Speaker 1: police pressure, the threats from the military shows you have

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Speaker 1: twenty the thirty percent of Hong Kong's population out in

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Speaker 1: the street, let alone those who are sympathizing with them

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Speaker 1: and not participating in the protests. It's a very difficult situation.

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Speaker 1: I mean, did you see those images. I was, I

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Speaker 1: was on the train back to d C. And I'm,

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Speaker 1: you know, catching up and on on all of the

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Speaker 1: news yesterday, those images of hundreds of thousands. And listen,

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Speaker 1: I'm not trying to to be dramatic here. I mean

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Speaker 1: you've got the organizers putting the number like more than

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Speaker 1: a million people, but even the local authorities are saying,

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Speaker 1: at minimum it was more than a hundred thousand people.

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Speaker 1: I mean, think about that in torrential downpour. Well but

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Speaker 1: torrential down poor. No, anyway, they're in the streets, they're protesting,

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Speaker 1: I mean, p ful to peaceful protests. And to your point,

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Speaker 1: I mean, this is just and and it's all over this,

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Speaker 1: this controversial extradition built in Layman's terms, explained to folks

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Speaker 1: what precisely they're protesting for. So Carrie Lamb, who is

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Speaker 1: the CEO of Hong Kong in the Beijing appointed leader

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Speaker 1: as introduced this bill which would allow, under certain circumstances,

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Speaker 1: those who have been tried and convicted in UH courts

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Speaker 1: in Hong Kong to be extradited to mainland China. This represents,

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Speaker 1: agreement that China made with the UK, which is that

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Speaker 1: the rules the judicial process of mainland China. They have

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Speaker 1: backed down. Carrie Lamb has backed down on that front. However,

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Speaker 1: it is not removed being the option. She has simply

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Speaker 1: I mean, it's to be blunt. I mean, essentially, what

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Speaker 1: they're saying is if you go to jail in Hong Kong,

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Speaker 1: you might not be going to jail in Hong Kong.

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Speaker 1: You might be going to jail in China. And that

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Speaker 1: what what is so alarming about this step is you're

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Speaker 1: you're looking at a situation in which China is trying

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Speaker 1: is governed. So things like freedom of speech, things UH

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Speaker 1: um are little by little being chipped away. So for

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Speaker 1: those um crimes you could find yourself not only going

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Speaker 1: before a court in Hong Kong, which ostensibly has still

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Speaker 1: other parts of China. We know what's happening with over

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Speaker 1: being subjected to these camps in which they are being

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Speaker 1: retrained in quotes um to become more like the Chinese

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Speaker 1: uh Communist Party ideology would prefer. So I think all

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Speaker 1: of this is really a showdown over how not only

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Speaker 1: going forward. She put forward this very strong man image.

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Speaker 1: Is it going to be able to hold up against

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Speaker 1: the tariffs, against the protest against silencing social media as

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Speaker 1: we learned earlier today with big tech companies saying that

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Speaker 1: they have absolutely seen President shi jing Ping try to

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Speaker 1: silence the protesters of Hong Kong with fake accounts, with

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Speaker 1: troll accounts with regards to the HUT. At least tens

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Speaker 1: the weekend. Mind you, they weren't expected to continue these

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Speaker 1: protests this long and in torrential downpour. To see these

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Speaker 1: images of the streets of how cong absolutely packed in

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Speaker 1: torrential downpour. It is remarkable. So that's on one hand,

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Speaker 1: with President she and and obviously his clout as a

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Speaker 1: strong man leader, as as Brett Brewin here so accurately

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Speaker 1: laid out for us and so concisely laid out for us. Meanwhile,

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Speaker 1: Europe's a mess. Europe's a mess, and we're talking about

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Speaker 1: whether or not there's going to be a potential recession.

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Speaker 1: But this is a whether you like it or not,

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Speaker 1: it's a global economy. And you've got Germany now completely

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Speaker 1: on edge about their own financial recession outlooks, and what's

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Speaker 1: happening in Italy with the rise of a conservative movement

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Speaker 1: in Italy. And oh yeah, Bregsit, I mean, and and

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Speaker 1: you're you're the Bregsit insider here, Brett Brewin. So give

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Speaker 1: us up to speed about the potential risk that Europe

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Speaker 1: a of a recession. Let me tell you what I

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Speaker 1: classes in London pubs. What is happening the chattering classes

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Speaker 1: in London. But that's where all the real people are,

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Speaker 1: the pets. That's where you get the real deal. And

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Speaker 1: what we and what we heard was that Boris Johnson

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Speaker 1: is taking Britain off of the cliff. Now let me

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Speaker 1: offer just one um nugget that that I think it

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Speaker 1: hasn't yet been a focus, at least not here in

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Speaker 1: the US. You have the Trump administration. John Bolton was

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Speaker 1: just over in London saying I'll give you a free

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Speaker 1: trade agreement, even though he doesn't have the power nor

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Speaker 1: as President Trump have the power to actually pass one

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Speaker 1: of those free tread agreements even if Britain crashes out

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Speaker 1: of the EU. And this issue that many of your

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Speaker 1: listeners may be familiar with, whether or not there would

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Speaker 1: be hard border across Ireland for Irish Americans. I love

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Speaker 1: because this is this is krucial because we always talk

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Speaker 1: about the border of the US Mexico border, but this

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Speaker 1: is crucial, the border of Ireland. Go. Why should people

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Speaker 1: care so as an Irish American, this is an issue

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Speaker 1: that touches so many of us so deeply because for

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Speaker 1: hundreds of years we lived in our grandparents are great

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Speaker 1: grandparents lived in a country that was occupied, that was

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Speaker 1: divided by a hard board. I remember crossing it as

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Speaker 1: a kid from the Republic of Ireland into Northern Ireland.

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Speaker 1: What is on what is at stake right now is

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Speaker 1: if there is a no deal with the European Union,

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Speaker 1: a hard water goes back in place, the uh Island

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Speaker 1: of Ireland is divided once again. I do not think

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Speaker 1: that that is something that the Trump administration going into

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Speaker 1: the elections wants to see Irish American outrage on. You

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Speaker 1: know how we did this segment. We did this segment

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Speaker 1: because everyone in the in the Washington press is talking

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Speaker 1: right now about the recession, if there's going to be

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Speaker 1: a recession, and sometimes we lose of all of the

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Speaker 1: other factors going on in the world, whether they're in

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Speaker 1: the streets of Hong Kong or in Northern Ireland, that

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Speaker 1: also contributes to all of this. So coming up, we're

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Speaker 1: gonna take it back out to the campaign trail, Brett's

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Speaker 1: going to stay. I am asking that Brett Bruin stay.

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Speaker 1: President of the Global Situation Room and former White House

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Speaker 1: Director of Global Engagement, Shaun Rankins here executive director of

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Speaker 1: the Democratic Attorney General's Association and Chris Burdome, Republican strategist.

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Speaker 1: You're listening to Bloomberg Sound On with Kevin Sirel on

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Speaker 1: Bloomberg and one oh five point seven F M h

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Speaker 1: D two MP. Kevin Cirelli, Folks Chief Washington correspondent from

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Speaker 1: Bloomberg Television Bloomberg Radio. Did you see this on the

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Speaker 1: Bloomberg terminal? Sah Kapoor Bloomberg News political reporter Warren ships

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Speaker 1: away Abiden's strength as the one who beats Trump, the

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Speaker 1: inevitability factor. Remember that argument how to work out for Hillary?

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Speaker 1: Shaun Rankins here, executive director of the Democratic Attorney General's Association.

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Speaker 1: Chris Burdome is here a Republicans to just president vote

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Speaker 1: America now. Brett Bruin is sticking around. Is the president

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Speaker 1: of the Global Situation Room and former White House Director

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Speaker 1: of Global Engagement under the Obama administration. Right, Brett alright,

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Speaker 1: So Sean, all right, you've got a million people running

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Speaker 1: for presative. Yes, I'm being yeah, I mean it feels

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Speaker 1: like it feels like there is a million people plus

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Speaker 1: Marian Williamson. Um, So what do you think of Senator

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Speaker 1: Elizabeth Warren as she's been really steady in the sense

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Speaker 1: of how she has navigated this political season. Has she

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Speaker 1: been successful at chipping away as a shop reports at

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Speaker 1: Biden's inevitability factor? Well, I think what stands out with

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Speaker 1: Elizabeth Warren is that, you know, last year she was

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Speaker 1: preparing for this run, it seemed like she was having

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Speaker 1: you know, trouble getting moving in the right direction and

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Speaker 1: sort of staying on task. Um, I've seen a real

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Speaker 1: transformation in her, and I know that it is breaking through.

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Speaker 1: You know when I look around my office a summer

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Speaker 1: and you're lasking, uh, the younger staff sort of who

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Speaker 1: do you like and who you're following? And you know, um,

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Speaker 1: there is a huge contingent in our office that sees

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Speaker 1: Elizabeth Warren as a candidate who's really talking about the issues.

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Speaker 1: And not only is she talking about him, she's knowledgeable

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Speaker 1: about him, and she's learning about him as she goes.

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Speaker 1: And so it's a really interesting phenomenon that I'm witnessing

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Speaker 1: because I'm seeing I think I'm seeing a candidate continue

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Speaker 1: to get better. Um. Whereas a lot of candidates just

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Speaker 1: rely on their personality or a few things that they've

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Speaker 1: done in the past, and so they sort of stick

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Speaker 1: to there. You know, they're they're sort of tendencies there,

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Speaker 1: you know their m O. And I find that she's growing,

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Speaker 1: so I think that's leading to more support. Sean Rankin's here,

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Speaker 1: he's the executive director of the Democratic Attorney General Association.

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Speaker 1: He just made a great point Chris Perdome, Republican strategist,

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Speaker 1: about how she has improved as a candidate. Over the weekend,

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Speaker 1: Senator Elizabeth Warren to that particular notion. She was in

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Speaker 1: Sioux City, Iowa, at the Native American Forum. We all

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Speaker 1: remember President Trump has nicknamed her pocahonist. We all remember

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Speaker 1: that she released a DNA tests and whatnot. It was

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Speaker 1: largely seen as a political gaff. Take a listen to

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Speaker 1: what she said over the weekend at the Native American Forum. Here,

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Speaker 1: she is, like anyone who's being honest with themselves. I

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Speaker 1: know that I have made mistakes. I am sorry for

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Speaker 1: harm I have caused. I have listened, and I have

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Speaker 1: learned a lot. Wow. Wow uh. You contrast that with

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Speaker 1: how the Biden campaign has responded to criticism about a

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Speaker 1: host of different issues, and it's a different illustration of

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Speaker 1: how these two leaders respond to criticism. Crisper Home your take,

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Speaker 1: I completely agree. I certainly think that she came across

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Speaker 1: very compassionate um and very genuine um. And she certainly

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Speaker 1: she certainly owned it, which I think is very very important,

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Speaker 1: And she didn't come on later or on the lot,

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Speaker 1: and she certainly kind of ran towards the issue and

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Speaker 1: kind of jumped in on it. Prett Bruin, come in

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Speaker 1: here as you as you compare and contrast Elizabeth Warren

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Speaker 1: Joe Biden and what's percolating here and what she had

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Speaker 1: to say over the weekend at the Native American Form. Well,

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Speaker 1: I think there are echoes of s and we remember

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Speaker 1: how the Clinton campaign, while a very well oiled machine,

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Speaker 1: was not able to capture that emotion, that energy. You're

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Speaker 1: seeing how candidates like Warren and she's not the only

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Speaker 1: one who have been able to get a part of

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Speaker 1: the Democratic Party excited about here. Here's the key question, though,

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Speaker 1: Can they expand beyond that progressive base? Can they can

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Speaker 1: mayor Pete expand beyond beyond his millennials. I haven't seen

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Speaker 1: a candidate yet that he is crossing demographics in the

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Speaker 1: way they need to to be the standard bearer for

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Speaker 1: the Democratic Party. You know, um, from my manage point

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Speaker 1: as the UM executive director of the Democratic Attorney's General Association,

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Speaker 1: I'm actually hearing particularly in you know, you'll hear you'll

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Speaker 1: understand for obvious reasons why and you know, Kamala Harris

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Speaker 1: and Steve Bullock um much of their record as attorneys general.

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Speaker 1: And so what I'm actually finding is that I think

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Speaker 1: they can expand beyond the base. It's really just requiring

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Speaker 1: that they actually talk about their successes, their record. But

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Speaker 1: it has to get a little bit beyond personality. Think

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Speaker 1: personality is great to start, but I think you have

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Speaker 1: to just make sure you're talking to people and that

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Speaker 1: you know, with the points that have been made here,

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Speaker 1: it's really about um, you know, authenticity, It's about being genuine.

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Speaker 1: It's about showing people who you are, and that breaks

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Speaker 1: through totally agree, you know. And what I find interesting,

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Speaker 1: and just having covered Senator bar And since their literally

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Speaker 1: first day on the Senate Banking Committee, is that she

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Speaker 1: has ingrained herself in the Democratic Party in a way

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Speaker 1: that the other candidates respectfully just you know, I mean,

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Speaker 1: even the debates that are being had on medicare, if

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Speaker 1: you agree or disagree, uh, she and Bernie. I mean

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Speaker 1: they were really there moving the party at fre framing

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Speaker 1: the debate amongst Democrats over the past couple of years

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Speaker 1: in a way that that the other candidates either weren't

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Speaker 1: in office yet or have not been in Congress or

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Speaker 1: served in Congress yet. So you know, she's she's being

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Speaker 1: in many ways like the political referee of the party.

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Speaker 1: So to Shawn's point, she has really ingrained herself in there.

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Speaker 1: You mentioned Senator Kamala Harris. We're gonna talk about her

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Speaker 1: coming up because she was in the Hamptons over the weekend.

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Speaker 1: She was in the Hampton's fundraising in the Hamptons. Senator

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Speaker 1: Kamala Harris in the Hampton's panel Stays Brett Bruin, Shawn Rankin,

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Speaker 1: Chris Perdome. This is Bloomberg Sound On with Kevin Surley

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Speaker 1: on Bloomberg and one oh five point seven f M

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Speaker 1: H D two. Nobody's done in two and a half

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Speaker 1: years what I've done. And I say that a lot

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Speaker 1: and very few people can challenge it. The first two

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Speaker 1: and a half years, nobody has done what I've done

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Speaker 1: in terms of tax cuts, regulation cuts, the military, the vets,

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Speaker 1: the choice, so many different things nobody's done. That. That

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Speaker 1: was President Trump when he was asked over the weekend

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Speaker 1: about his chances of being re elected. He made those

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Speaker 1: remarks to reporters just the other day yesterday as he

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Speaker 1: left his New Jersey a state heading back to the

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Speaker 1: White House. I'm Kevin Zareli, Chief Washington correspondent, fro Bloomberg Television,

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Speaker 1: Bloomberg Radio. Here with me in studio Sean Rankin. He

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Speaker 1: is executive director of the Democratic Attorney General Association. Chris Perdome,

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Speaker 1: Republican Strategist, President of Vote American Now, Brett Ruin, President

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Speaker 1: of the Global Situation Room, and former White House Director

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Speaker 1: of Global Engagement in the Obama White House. This is

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Speaker 1: what this is really, truthfully, gentleman, First of all, thank

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Speaker 1: you for being here. Truthfully become one of my favorite segments,

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Speaker 1: which is what's on your radar or what's in your notebook?

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Speaker 1: As we say us reporters like empty out your notebook, uh,

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Speaker 1: and things that you're tracking that maybe you're going unnoticed

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Speaker 1: that we don't really get to. So I'm gonna kick

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Speaker 1: it off with you, Brett Bruin, What's what's in your notebook? Well,

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Speaker 1: I just wrote a piece recently for Business Insider about

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Speaker 1: the lack of debate on of national security issues in

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Speaker 1: the Democratic primary. It's alarming. I mean, you take a

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Speaker 1: look at the last two debates that's Henn organized. There

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Speaker 1: were one, two, three minutes of debate on these really

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Speaker 1: significant issues. We're talking China, we're talking Brexit, we're talking

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Speaker 1: a bola, Mexico and immigration. The list goes on. We

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Speaker 1: have to have the Democratic Party don't leave it up

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Speaker 1: to the television networks organizing the debates the candidates. The

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Speaker 1: party needs to get serious about national security if we

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Speaker 1: want to win this election. You track all of these issues.

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Speaker 1: Brett Brewin, President of the Global Situation where a former

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Speaker 1: White House Director of Global Engagement for the Obama White House.

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Speaker 1: You've been like a diplomat in a trillion countries. I'm

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00:27:08,600 --> 00:27:11,639
Speaker 1: exaggerating just a tad, but you've been in Benezuela, like

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Speaker 1: you've been in the Middle East. I mean, what are

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Speaker 1: you noticing are what are the major differences in terms

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Speaker 1: of Oh, I don't know, a commander in chief Joe

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Speaker 1: Biden versus a commander in chief Elizabeth Warren. Well, let

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Speaker 1: me give you an example. And and there's a lot

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Speaker 1: of energy around some candidates at this stage, they're putting

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Speaker 1: out these proposals. Take for instance, this proposal by a

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Speaker 1: Buddhajit We're gonna pull out our troops from Afghanistan within

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Speaker 1: one year. I saw that over the weekend. Yeah, in reality,

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Speaker 1: and and just over the weekend as well, we had

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Speaker 1: sixty three people civilians killed at a wedding in Combo.

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Speaker 1: You've got the president trying to uh negotiate a superficial

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Speaker 1: deal with the Taliban. So we have no idea where

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Speaker 1: we are going to be two years from now, and

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Speaker 1: so those kind of promises are exactly like And obviously

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Speaker 1: I worked for President Obama and I have an enormous

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Speaker 1: amount of respect for President Obama. But I was on

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Speaker 1: a forward operating base outside of two Crete when President

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Speaker 1: Obama was sworn into office, and I watched during that

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Speaker 1: year as we pulled up the stakes, and we unfortunately

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00:28:21,520 --> 00:28:24,120
Speaker 1: pulled out far too early. And I fear with these

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Speaker 1: kind of shallow proposals, where you know, being mayor of

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Speaker 1: South Bend, Indiana does not qualify you to be commander

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Speaker 1: in chief. And I'm not supporting any candidate, but I

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Speaker 1: I am hard pressed to see how mayor Pete becomes

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Speaker 1: commander in chief. Pete. Wow, wow, all right, we're gonna

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Speaker 1: let that sin again. Sean Rankins here, executive director of

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Speaker 1: the Democratic Attorney General Association, What is in your notebook? Elections?

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Speaker 1: So whereas Bruce WASIM sorry, I kind of want to

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Speaker 1: call him Bruce, but not because he's Brett talking about

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Speaker 1: the elections, UM, you know for Democratic for attorneys general

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Speaker 1: as well as governors. When we're talking to well, we

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Speaker 1: like to call the middle of the ballot, RESPECTU. I

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Speaker 1: apologize I should have said the middle of the ballot.

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Speaker 1: But you know, these uh, these state wide offices have

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Speaker 1: tremendous power. And in twenty nineteen, we have you know,

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Speaker 1: three races UM in Kentucky, Mississippi, Louisiana. Currently we have

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Speaker 1: two of the ages who are both running for governors.

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Speaker 1: So um uh Andy Basher in Kentucky and Jim Hood

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Speaker 1: in Mississippi. Um. But these are three red states. You've

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Speaker 1: got to run uphill. Um. We've got our work cut

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Speaker 1: out for us. And you know, as we get ready

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00:29:41,840 --> 00:29:44,680
Speaker 1: to turn into the fall, it's you know, it's time

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Speaker 1: for the stretcher. How do you win in a red state?

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Speaker 1: I mean, you mentioned how how do they win. What's

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Speaker 1: like very quickly, what is like their issue number one

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Speaker 1: on their on their agenda. Well, you know, when it

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Speaker 1: comes to Attorney's General, I mean, one of the things

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00:29:54,640 --> 00:29:57,320
Speaker 1: we find is this is the one office that Republicans

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Speaker 1: will actually cross the ballot and split the ticket for UM.

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Speaker 1: And part of that is because the the Attorney General

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Speaker 1: has the UH, there's an expectation that this is the

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Speaker 1: one person on the ballot that really is supposed to

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Speaker 1: be looking out for you UM and pushing back on both.

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Speaker 1: You know, the state government and federal government were needed,

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Speaker 1: and so Republicans and independents are willing to give us

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Speaker 1: a chance. UM. And so you win by actually having

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Speaker 1: the best candidate and talking about things that matter to people.

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Speaker 1: This is why we had Sean rankin On, Executive director

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Speaker 1: of Democratic Attorney General Association with Chris Perdoe, Republican strategist

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Speaker 1: President of Vote America. Now, because you've got Sean trying

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Speaker 1: to win DEM DEMN spots in red states and and

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Speaker 1: Chris you know a thing or two about expanding minority

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Speaker 1: voters in the Republican Party. What's on what's in your book? Well,

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Speaker 1: I think first overall, getting more millennial minority engagement in

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Speaker 1: the election process and to understand the issues that itself.

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Speaker 1: I asked somethink that President Trump is doing an outstanding

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Speaker 1: job and he probably will actually certain that he will

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Speaker 1: increase UH the African American vote this year. At the

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Speaker 1: end of the day, I think it's about getting people

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Speaker 1: and to understand what the processes and what issues are. Uh.

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Speaker 1: Bread to your point, uh regarding not talking about national security,

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00:31:09,640 --> 00:31:11,520
Speaker 1: think it's asolually important. I think it's I think that's

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Speaker 1: unfortunately about the media. They tell about things that that

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00:31:13,800 --> 00:31:16,080
Speaker 1: they know the public want to hear. Aball others exciting,

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Speaker 1: but things they think the public wants to hear about. Absolutely,

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Speaker 1: and I think it's absolutely essential that we spend more

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Speaker 1: time talking about national security more than other not saying

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Speaker 1: that these things are not important, abortion other issues, but

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Speaker 1: national securities and national security. It should be more than

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Speaker 1: two a teen minutes, should be more like fifteen minutes,

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Speaker 1: should be a whole debate, should be a national security debate.

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Speaker 1: You know it's my my radar. Senator Kamala Harris was

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Speaker 1: in the Hamptons. I love the story on the Bloomberg terminal.

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00:31:42,200 --> 00:31:44,920
Speaker 1: You gotta read it. I'll tweet it out by by

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00:31:44,960 --> 00:31:47,840
Speaker 1: two of my colleagues, including Amanda Gordon. They say, quote

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00:31:48,160 --> 00:31:52,240
Speaker 1: Tesla's and Maserati's line the street as Kamala Harris greeted

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00:31:52,280 --> 00:31:55,960
Speaker 1: guests sipping drinks from plastic cups with her name on

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00:31:56,000 --> 00:31:59,240
Speaker 1: them and eating cinnamon sugar donuts. I love donuts from

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00:31:59,440 --> 00:32:03,800
Speaker 1: recent at a fundraise er hosted by movie executive and

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00:32:03,920 --> 00:32:07,840
Speaker 1: his Jamie Pitturekof and his wife Kelly, as the summer

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00:32:07,840 --> 00:32:11,720
Speaker 1: of Democratic fundraisers, Razors rolled on in the East Hamptons.

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Speaker 1: But she had this to say that she says that

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Speaker 1: she is that she believes in capitalism. I believe in capitalism.

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Speaker 1: That's in quotes. That was her message to the donors.

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Speaker 1: It's a fascinating tension in terms of Democrats as they

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Speaker 1: seek to navigate the rides of the rise of populism

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00:32:29,120 --> 00:32:33,520
Speaker 1: and democratic socialism within that party. So the debate ranges on.

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Speaker 1: I want to thank our panel, Brett Bruin, Sean Rankin,

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00:32:36,520 --> 00:32:39,240
Speaker 1: Chris Pernome. You can download the Bloomberg Sound On podcast

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00:32:39,280 --> 00:32:42,040
Speaker 1: on Apple iTunes, at Bloomberg dot com or by downloading

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00:32:42,040 --> 00:32:44,400
Speaker 1: the Bloomberg Business app. You can also find us on radio,

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00:32:44,440 --> 00:32:48,040
Speaker 1: dot Com, I Heart Radio, and Spotify. I'm Kevin Cirelli,

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00:32:48,080 --> 00:32:52,080
Speaker 1: Chief Washington Correspondent from Bloomberg Television, Bloomberg Radio. You're listening

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Speaker 1: to Bloomberg