WEBVTT - BREAKING NEWS: Trump Indicted Again

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<v Speaker 1>Good morning.

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<v Speaker 2>I'm Nathan Hager and I'm Karen Moscow. Here are the

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<v Speaker 2>stories we're following today.

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<v Speaker 3>We begin with breaking news overnight. Donald Trump now faces

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<v Speaker 3>a new set of criminal charges. For the fourth time,

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<v Speaker 3>a prosecutor has issued an indictment against the former president,

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<v Speaker 3>this time in Fulton County, Georgia, over efforts to overturn

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<v Speaker 3>the twenty twenty election. Eighteen co defendants are also facing charges,

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<v Speaker 3>including former New York City Mayor Rudy Giuliani and former

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<v Speaker 3>White House Chief of Staff Mark Meadows. Fulton County District

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<v Speaker 3>Attorney Fanny Willis says she is charging all nineteen defendants

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<v Speaker 3>under the state's racketeering law.

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<v Speaker 4>The indictment alleges that, rather than abide by Georgia's legal

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<v Speaker 4>process for election challenges, the defendants engaged in a criminal

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<v Speaker 4>racketeering enterprise to overturn Georgia's presidential election result.

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<v Speaker 3>Fulton County DA Fanny will says she has authorized arrest

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<v Speaker 3>warrants for the former president and his eighteen co defendants.

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<v Speaker 3>They have until August twenty fifth to surrender.

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<v Speaker 2>Well Nathan. Reaction is pouring into this latest indictment. Genie

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<v Speaker 2>Shehanzeno is a political contributor for Bloomberg.

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<v Speaker 5>This is a screaming indictment. It is long and it

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<v Speaker 5>is detailed. But she said in her comments, you have

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<v Speaker 5>a right to challenge the election in court, but you

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<v Speaker 5>cannot engage in a criminal racketeering activity to overturn the results.

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<v Speaker 5>And that's what all of these nineteen individuals, including the

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<v Speaker 5>former president and Rudolph Giuliani, Mark Meadows, and others are

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<v Speaker 5>charged with.

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<v Speaker 2>Genie Shanzeno notes the charges include one hundred and sixty

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<v Speaker 2>one specific acts of racketeering by the former president. Bloomberg

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<v Speaker 2>Law host Jun Garosso says some are questioning the timing

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<v Speaker 2>of the late night indictment.

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<v Speaker 6>I am really surprised as to why she decided that

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<v Speaker 6>she had to do a press conference at eleven forty

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<v Speaker 6>five at night, when you know most people are not

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<v Speaker 6>going to be watching people who were interested in this.

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<v Speaker 6>And also it seems into the Trump theory or the

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<v Speaker 6>Trump allegations that this is happening also fast, and she's

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<v Speaker 6>wrapping it up, and it's just an indication that she's

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<v Speaker 6>not taking the time, even though we know that she

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<v Speaker 6>took two and a half years.

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<v Speaker 2>Bloomberg Law host Jan Grasso says the charges carry a

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<v Speaker 2>minimum sentence of five years in prison and a maximum

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<v Speaker 2>of twenty Karen.

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<v Speaker 3>Jeff Duncan is among those who testified before the Fulton

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<v Speaker 3>County grand Jury. He is a Republican and the former

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<v Speaker 3>lieutenant governor of Georgia. Duncan spoke to the Atlanta Journal

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<v Speaker 3>Constitution outside the courthouse.

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<v Speaker 7>Does a pivot point for this country to do something

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<v Speaker 7>more than just stew on the twenty twenty election cycle.

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<v Speaker 7>Right where either going to as Republicans take our medicine

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<v Speaker 7>and realize the election wasn't rigged. Donald Trump was the

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<v Speaker 7>worst candidate ever in the history of the party, even

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<v Speaker 7>worse than Herschel Walker.

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<v Speaker 3>Former Georgia Lieutenant Governor Jeff Duncan testified before the Fulton

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<v Speaker 3>County Grand Jury after receiving a subpoena earlier this month.

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<v Speaker 8>From coast to coast, from New York to San Francisco,

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<v Speaker 8>Boston to Washington, DC, nationwide on Syrias exam the Bloomberg

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<v Speaker 8>Business app in Bloomberg dot com. This is Bloomberg Daybreak.

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<v Speaker 3>Good morning, I'm Nathan Hager, and once again, former President

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<v Speaker 3>Donald Trump faces criminal charges over efforts to overturn the

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<v Speaker 3>twenty twenty election. This latest indictment comes from Fulton County, Georgia,

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<v Speaker 3>and it includes eighteen co defendants. District Attorney Fanny Willis

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<v Speaker 3>is accusing all of them of violating state racketeering law

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<v Speaker 3>to accomplish.

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<v Speaker 4>The illegal goal of allowing Donald J. Trump to seize

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<v Speaker 4>the presidential term of office beginning on January twentieth, twenty one.

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<v Speaker 3>DA Fanny Willis announced the indictment late last night. She

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<v Speaker 3>says she hopes to try the former president and the

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<v Speaker 3>eighteen others within six months, and she's giving them ten

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<v Speaker 3>days to surrender for more. We're joined now by Greg Valier,

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<v Speaker 3>chief USB policy strategist at AGF Investments. Your reaction, Greg,

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<v Speaker 3>to the indictment and the timing, well.

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<v Speaker 9>Good morning, Nathan. I would say that the biggest problem

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<v Speaker 9>of all is that they cannot get this done in

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<v Speaker 9>six months or less. Despite what she said, I think

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<v Speaker 9>that if once you factor in appeals next year, it

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<v Speaker 9>could be election day November fifth of next year before

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<v Speaker 9>there's any resolution. With this many cases, this many indictments,

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<v Speaker 9>a decent percentage will drag into late twenty twenty four.

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<v Speaker 9>You could have a president or president elect who's been

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<v Speaker 9>found guilty.

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<v Speaker 3>Let's talk about this indictment specifically, we have eighteen co

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<v Speaker 3>defendants along with the former president. They're facing forty one

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<v Speaker 3>counts accused of one hundred and sixty one specific acts

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<v Speaker 3>in furtherance of a conspiracy to overturn the twenty twenty election.

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<v Speaker 3>It sounds a lot more sweeping than even what we

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<v Speaker 3>heard from the special counsel Jack Smith in a similar case.

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<v Speaker 9>Yeah, it really does. And I think that in all

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<v Speaker 9>of these cases there's a common theme, and that is

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<v Speaker 9>that the prosecutors want to get some plea bargains. Of

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<v Speaker 9>the eighteen people who were charged yesterday in Atlanta, I

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<v Speaker 9>think there's a decent chance that two or three or

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<v Speaker 9>four will cut a deal and make things even more

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<v Speaker 9>difficult for Donald Trump.

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<v Speaker 3>Does that add to the difficulty that you're implying here

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<v Speaker 3>in terms of the timing, If we do start to

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<v Speaker 3>see some of these code defendants potentially make a deal

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<v Speaker 3>and potentially line themselves up as witnesses against the former president.

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<v Speaker 9>It's entirely possible. I think that the prosecutors know that

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<v Speaker 9>a lot of these potential slippers, as you might say,

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<v Speaker 9>don't want to spend their late seventies in jail, and

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<v Speaker 9>that's entirely possible for somebody like Rudy Julie. So yeah,

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<v Speaker 9>I think there's a high likelihood that at least some

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<v Speaker 9>of them will slip.

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<v Speaker 3>What do you make of the scope of the investigation here?

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<v Speaker 3>It took two and a half years for Fanny Willis

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<v Speaker 3>to bring these charges that were highly anticipated, and it

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<v Speaker 3>looks from the indictment that it goes well beyond that

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<v Speaker 3>infamous find me the vote's phone call that the former

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<v Speaker 3>president had with Georgea's secretary of State.

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<v Speaker 9>Yeah. I think they have a lot of evidence that's

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<v Speaker 9>not been released yet in terms of harassment of voting officials,

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<v Speaker 9>in terms of trying to get these charges changed. So

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<v Speaker 9>my sense is that there's still a lot more in

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<v Speaker 9>these cases still to be brought out.

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<v Speaker 3>Do you get the sense that this is a stronger

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<v Speaker 3>case than some of the others. Does it stack up

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<v Speaker 3>that way for you?

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<v Speaker 9>You know, I thought all along, Nathan, that the strongest

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<v Speaker 9>one could be the documents in Florida. That's a pretty

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<v Speaker 9>straightforward case. It's a felony. You can't take documents out

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<v Speaker 9>of the White House and bring them to your home.

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<v Speaker 9>All four of these are pretty strong, and I have

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<v Speaker 9>a hunch that the document case could be the first

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<v Speaker 9>one resolved.

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<v Speaker 3>Does it complicate that case to have this one brought now?

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<v Speaker 3>I mean we've talked before about how the schedule is

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<v Speaker 3>going to get. I mean, it is a lot more

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<v Speaker 3>complicated heading into a twenty twenty four presidential race, and

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<v Speaker 3>now you have all these overlapping cases potentially running up

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<v Speaker 3>against each other.

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<v Speaker 9>Absolutely, I mean you're going to have a president someone

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<v Speaker 9>a candidate for the presidency actually having to campaign on weekends,

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<v Speaker 9>on holidays. He's not going to be able to campaign

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<v Speaker 9>probably full time because of all these charges. And we

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<v Speaker 9>shouldn't overlook the fact that Joe and Hunter Biden are

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<v Speaker 9>part of this narrative also. I think they will be

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<v Speaker 9>dragged into this. But what has been alleged in terms

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<v Speaker 9>of Trump far exceed in my opinion, what the Bibles

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<v Speaker 9>have done.

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<v Speaker 2>I'm Karen Moscow. Join us again tomorrow morning for all

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