1 00:00:00,920 --> 00:00:03,680 Speaker 1: Why from our nations this budget thing is going to 2 00:00:03,760 --> 00:00:06,120 Speaker 1: do nothing with space forts. I still think it's interesting 3 00:00:06,120 --> 00:00:09,479 Speaker 1: President Trump not playing his cards yet. Headlines Policy and 4 00:00:09,600 --> 00:00:13,760 Speaker 1: politics colliding to sound on with Kevin Cireli, the insiders, 5 00:00:13,880 --> 00:00:17,960 Speaker 1: the infid I would rather see a congressional solution. It's 6 00:00:18,000 --> 00:00:20,960 Speaker 1: part of my DNA. The Senate map in looks a 7 00:00:20,960 --> 00:00:23,279 Speaker 1: lot different than it looked in You really have a 8 00:00:23,280 --> 00:00:26,599 Speaker 1: divide within Team Trump. The President has to do exactly 9 00:00:26,640 --> 00:00:28,120 Speaker 1: what people send in here to do, which is to 10 00:00:28,200 --> 00:00:31,680 Speaker 1: get it done. He's sound on with Kevin to relate 11 00:00:32,000 --> 00:00:36,600 Speaker 1: on Bloomberg one and one m h D two boltom 12 00:00:36,640 --> 00:00:39,760 Speaker 1: are happy helped day, folks. I'm Kevin Cirelli, Chief Washington 13 00:00:39,760 --> 00:00:43,199 Speaker 1: correspondent from Bloomberg Television and Bloomberg Radio. I was just 14 00:00:43,320 --> 00:00:46,040 Speaker 1: at the Rose Garden in the White House earlier this 15 00:00:46,120 --> 00:00:51,239 Speaker 1: afternoon where President Trump hosted Polish President Dudah and they 16 00:00:51,280 --> 00:00:54,600 Speaker 1: had a lot to talk about. Dominating the headline the 17 00:00:54,640 --> 00:00:59,160 Speaker 1: discussions German Chancellor Angela Merkel. The President not too happy 18 00:00:59,200 --> 00:01:02,120 Speaker 1: with the Germans. We're gonna breakdown all of the geopolitics 19 00:01:02,720 --> 00:01:07,000 Speaker 1: regarding the policy of trade and also energy. The energy 20 00:01:07,040 --> 00:01:10,720 Speaker 1: sector really rattled today as the President commenting on the 21 00:01:10,760 --> 00:01:14,240 Speaker 1: North Stream to pipeline, he's threatening sanctions. What does that 22 00:01:14,360 --> 00:01:18,440 Speaker 1: all mean? Meanwhile, I also just spoke on Bloomberg Television 23 00:01:18,840 --> 00:01:21,720 Speaker 1: with Mark Short, Vice President Mike Pence's chief of staff. 24 00:01:21,720 --> 00:01:25,800 Speaker 1: He had a lot to say about trying to get Democrats, Democrats, 25 00:01:26,440 --> 00:01:30,039 Speaker 1: Democrats in the House of Representatives to pass the U 26 00:01:30,200 --> 00:01:32,279 Speaker 1: S m c A or NAP to two point. President 27 00:01:32,280 --> 00:01:34,319 Speaker 1: Trump in the Rose Garden, by the way, said it 28 00:01:34,360 --> 00:01:37,720 Speaker 1: was easier to deal with Mexico's government than to deal 29 00:01:37,760 --> 00:01:40,920 Speaker 1: with those House deems. My how things changed before we 30 00:01:41,040 --> 00:01:44,319 Speaker 1: dive into that with an all star panel, Senator Ben Carton, 31 00:01:44,440 --> 00:01:47,680 Speaker 1: Democrat from Maryland. He's gonna call in coming up later 32 00:01:47,720 --> 00:01:49,680 Speaker 1: on in the program. We've also got Brendan Buck and 33 00:01:49,760 --> 00:01:54,320 Speaker 1: Richard Fowler, a Republican and Democrat alike, very savvy in 34 00:01:54,360 --> 00:01:57,840 Speaker 1: the business community. It was a remarkable day in the 35 00:01:57,960 --> 00:02:02,200 Speaker 1: Rose Garden, the President hosting Polish President Duda at the 36 00:02:02,200 --> 00:02:04,320 Speaker 1: White House. They had a press conference, and I'm so 37 00:02:04,400 --> 00:02:07,520 Speaker 1: thrilled to help me navigate through the developments of this 38 00:02:07,680 --> 00:02:10,320 Speaker 1: press conference in the Rose Garden that we've got two 39 00:02:10,400 --> 00:02:14,239 Speaker 1: policy and political all stars. Brendan Buck, former spokesman and 40 00:02:14,320 --> 00:02:16,799 Speaker 1: adviser to House Speaker Paul Ryan. Now he's a partner 41 00:02:17,080 --> 00:02:20,360 Speaker 1: at Blue Engine Message and Media j D A front 42 00:02:20,400 --> 00:02:24,240 Speaker 1: Line Richard Fowler is a nationally syndicated radios the Fox 43 00:02:24,280 --> 00:02:28,079 Speaker 1: News contributor, and a Democratic strategist, and we're thrilled to 44 00:02:28,080 --> 00:02:31,079 Speaker 1: have him. All right, So three big takeaways. We've got trade, 45 00:02:31,560 --> 00:02:36,200 Speaker 1: two different trade fronts, trade with Mexico, trade with China, 46 00:02:36,320 --> 00:02:39,480 Speaker 1: and then we've got this issue of the energy market 47 00:02:39,600 --> 00:02:43,280 Speaker 1: in Europe. So let's start with Mexico. Brendan the President said, 48 00:02:43,320 --> 00:02:45,560 Speaker 1: I was really struck by this. The President said in 49 00:02:45,600 --> 00:02:50,320 Speaker 1: the Rose Garden he's got a better relationship with Mexico 50 00:02:50,480 --> 00:02:53,040 Speaker 1: right now that he does with House Democrats. I mean, 51 00:02:53,080 --> 00:02:55,640 Speaker 1: you can't make it up. He inks this some sort 52 00:02:55,680 --> 00:03:00,919 Speaker 1: of an agreement with the Mexican government and says that 53 00:03:01,040 --> 00:03:03,320 Speaker 1: they've got a forty five day window for them to 54 00:03:03,400 --> 00:03:06,480 Speaker 1: make good on helping the United States at the US 55 00:03:06,600 --> 00:03:11,280 Speaker 1: Mexico border, or he's going to tack on tariffs. And 56 00:03:11,400 --> 00:03:13,400 Speaker 1: right now he says, things look pretty good. Here's the 57 00:03:13,440 --> 00:03:17,200 Speaker 1: President talking about his relationship with Mexico. The President of 58 00:03:17,240 --> 00:03:22,079 Speaker 1: Mexico and I have a very, very excellent relationship. We spoke, 59 00:03:22,680 --> 00:03:25,400 Speaker 1: His people were here for two and a half three 60 00:03:25,480 --> 00:03:29,280 Speaker 1: days working intensively on the agreement, and I think it's 61 00:03:29,280 --> 00:03:32,680 Speaker 1: gonna mean a lot of a lot fewer people coming up. 62 00:03:33,520 --> 00:03:36,440 Speaker 1: So does the President really prefer to deal with Mexico 63 00:03:36,560 --> 00:03:39,000 Speaker 1: than Speaker Pelosi. Let's check back on this in a 64 00:03:39,000 --> 00:03:41,120 Speaker 1: week and see how he's failing it that way. I mean, yeah, 65 00:03:41,120 --> 00:03:42,960 Speaker 1: it is your head spinning, the way he goes back 66 00:03:42,960 --> 00:03:46,200 Speaker 1: and forth on these things. Um, well, look the issue 67 00:03:46,200 --> 00:03:48,560 Speaker 1: with Mexico. I I don't imagine this is over with. 68 00:03:48,680 --> 00:03:50,880 Speaker 1: I imagine in forty five days, if not sooner, we're 69 00:03:50,880 --> 00:03:53,800 Speaker 1: gonna be talking about this again. Because he loves to 70 00:03:53,840 --> 00:03:56,760 Speaker 1: hold these threats over people. UM, I think personally it 71 00:03:56,800 --> 00:03:59,200 Speaker 1: is incredibly self destructive. I think that he is not 72 00:03:59,280 --> 00:04:01,240 Speaker 1: only threatened the greatest thing that he has going for 73 00:04:01,320 --> 00:04:03,680 Speaker 1: him to get reelected, which is the economy, but he's 74 00:04:03,680 --> 00:04:06,760 Speaker 1: also threatening his number one legislative priority, which is supposed 75 00:04:06,800 --> 00:04:10,440 Speaker 1: to be this new NAFTA, the US Mexico Trade Agreement 76 00:04:10,480 --> 00:04:14,240 Speaker 1: Canada Trade Agreement. Um, at some point it's gonna get 77 00:04:14,640 --> 00:04:17,000 Speaker 1: it is going to become too difficult to work with 78 00:04:17,200 --> 00:04:19,599 Speaker 1: Democrats to get this done. This is a big lift 79 00:04:19,640 --> 00:04:22,520 Speaker 1: in the first place. Um, you know, trade with Democrats 80 00:04:22,600 --> 00:04:25,719 Speaker 1: is never easy. When I was working for Paul Ryan, 81 00:04:25,760 --> 00:04:28,400 Speaker 1: we passed the Trade Promotion Authority Act, which is what 82 00:04:28,560 --> 00:04:30,440 Speaker 1: gave us the ability to get this trade agreement. It 83 00:04:30,520 --> 00:04:34,040 Speaker 1: was President Obama's number one legislative priority, and we got 84 00:04:34,040 --> 00:04:36,520 Speaker 1: twenty eight Democrats to vote for it. So you're you know, 85 00:04:36,560 --> 00:04:41,000 Speaker 1: you're talking about a party that fundamentally rejects a lot 86 00:04:41,040 --> 00:04:43,720 Speaker 1: of you know, the tenants of free trade and what 87 00:04:43,760 --> 00:04:45,880 Speaker 1: it means to do this. Now, maybe in a new 88 00:04:45,960 --> 00:04:48,560 Speaker 1: this new bizarro world we're living in, Democrats are embracing 89 00:04:48,560 --> 00:04:50,520 Speaker 1: trade a little more than they were before. But this 90 00:04:50,560 --> 00:04:53,880 Speaker 1: is a big lift, and I think that he needs to, Um, 91 00:04:53,920 --> 00:04:56,560 Speaker 1: they need to certainly double down their efforts to to 92 00:04:56,839 --> 00:04:58,560 Speaker 1: work with them if they're gonna they're gonna get this done. 93 00:04:58,560 --> 00:05:01,120 Speaker 1: Definitely a big lift. Mark or he's chief of staff 94 00:05:01,200 --> 00:05:03,640 Speaker 1: to Vice President Mike Penn's just spoke with him literally 95 00:05:03,640 --> 00:05:06,440 Speaker 1: in the last half hour on Bloomberg Television. He says 96 00:05:06,520 --> 00:05:08,800 Speaker 1: that they have the votes, that they have the votes 97 00:05:09,200 --> 00:05:11,479 Speaker 1: in the House of Representatives. This according to the White 98 00:05:11,480 --> 00:05:14,000 Speaker 1: House whip count. But it's up to Speaker Pelosi if 99 00:05:14,000 --> 00:05:16,280 Speaker 1: she feels this is a deal that that they wanted 100 00:05:16,480 --> 00:05:19,240 Speaker 1: to move on. All right, switching gears. Now, that's one 101 00:05:19,279 --> 00:05:23,000 Speaker 1: trade issue the US and Mexico, Richard. Then we've got 102 00:05:23,040 --> 00:05:25,280 Speaker 1: to take a look at China. Here's what the President 103 00:05:25,320 --> 00:05:28,400 Speaker 1: had to say about the trade relationship with China ahead 104 00:05:28,400 --> 00:05:30,599 Speaker 1: of his one off meeting with President shi Jing Ping 105 00:05:30,920 --> 00:05:32,640 Speaker 1: at the G twenty in just a few weeks. Here 106 00:05:32,680 --> 00:05:35,840 Speaker 1: he is, we're taken in billions and billions of dollars 107 00:05:35,839 --> 00:05:39,440 Speaker 1: which we never took in before the tariffs are been 108 00:05:39,760 --> 00:05:43,040 Speaker 1: you know, very strong. We have two hundred and fifty 109 00:05:43,080 --> 00:05:47,200 Speaker 1: billion dollars and tremendous money is flowing into our treasury. 110 00:05:47,720 --> 00:05:50,599 Speaker 1: And what I find fascinating Richard, here is that President 111 00:05:50,640 --> 00:05:52,960 Speaker 1: Trump is trying to make the case that tariffs are 112 00:05:53,000 --> 00:05:56,480 Speaker 1: actually a good thing. It's a very interesting case that 113 00:05:56,680 --> 00:05:58,040 Speaker 1: the President is trying to make here, and I think 114 00:05:58,080 --> 00:06:00,400 Speaker 1: he's he's uphill battle of making it. And I think 115 00:06:00,400 --> 00:06:02,240 Speaker 1: you have to look at both this mechical. What's happening 116 00:06:02,240 --> 00:06:04,159 Speaker 1: in Mexico, what's happening in China. You can't look at 117 00:06:04,160 --> 00:06:05,640 Speaker 1: them sperally because you can't see either of them in 118 00:06:05,640 --> 00:06:08,320 Speaker 1: a vacuum um and I agree, and it's hard, I mean, 119 00:06:08,360 --> 00:06:10,680 Speaker 1: and it's hard not to to talk. Yet go ahead, 120 00:06:10,720 --> 00:06:12,360 Speaker 1: I agree totally because I mean, I think what you 121 00:06:12,360 --> 00:06:14,799 Speaker 1: have here is the Mexican the Mexico US trade relationship 122 00:06:14,880 --> 00:06:17,640 Speaker 1: is what undergrads five million jobs that costs if there 123 00:06:17,640 --> 00:06:19,560 Speaker 1: were terrorist to be put on Mexico would cost each 124 00:06:19,600 --> 00:06:23,960 Speaker 1: individual household on average nine dollars um. So it's a real, real, 125 00:06:24,040 --> 00:06:25,839 Speaker 1: real big thing. But if we do not have some 126 00:06:25,920 --> 00:06:30,760 Speaker 1: sort of free trade something with Mexico, it really hampers 127 00:06:30,760 --> 00:06:34,040 Speaker 1: our ability on our our negotiation leverage with China, because 128 00:06:34,120 --> 00:06:36,920 Speaker 1: for us, we're walking into these China negotiations with this 129 00:06:37,000 --> 00:06:40,119 Speaker 1: one strength. As we have economic tools, what China hasn't 130 00:06:40,200 --> 00:06:42,760 Speaker 1: threatened their advantages. They have the political tools right because 131 00:06:42,760 --> 00:06:45,480 Speaker 1: they are the Terran governments enough, we don't have to 132 00:06:45,520 --> 00:06:47,440 Speaker 1: wear a political approval. They can sort of do what 133 00:06:47,480 --> 00:06:49,480 Speaker 1: they will. What President Trump has going for him, and 134 00:06:49,520 --> 00:06:52,520 Speaker 1: he has strong economic indicators. With that being said, the 135 00:06:52,600 --> 00:06:56,200 Speaker 1: longer this trade war prolongs, the political implications for China 136 00:06:56,240 --> 00:06:59,600 Speaker 1: will remain and our economic situations will get uniquely worse. 137 00:07:00,040 --> 00:07:03,680 Speaker 1: When you look at the Republican political map, have you 138 00:07:03,760 --> 00:07:06,840 Speaker 1: noticed that there's been any type of movement or any 139 00:07:06,880 --> 00:07:11,400 Speaker 1: angst beyond just the rhetoric of of being anti tariff. 140 00:07:12,240 --> 00:07:14,800 Speaker 1: Are there is there any political movement or any Republicans 141 00:07:14,800 --> 00:07:17,080 Speaker 1: who would be at risk to losing a seat or 142 00:07:17,120 --> 00:07:19,640 Speaker 1: something or whatnot? Or is it still too early tell Um, 143 00:07:19,680 --> 00:07:21,400 Speaker 1: I don't know if there's anyone who's at risk of 144 00:07:21,440 --> 00:07:23,120 Speaker 1: losing a seat. I mean, the people that are getting 145 00:07:23,200 --> 00:07:26,920 Speaker 1: hurt the most, some of these deep red rural districts 146 00:07:26,920 --> 00:07:31,400 Speaker 1: where agriculture is really important. Those districts probably aren't gonna flip. Um. 147 00:07:31,480 --> 00:07:33,440 Speaker 1: You know, the ones that are battlegrounds are more in 148 00:07:33,480 --> 00:07:36,560 Speaker 1: the suburbs, and we friendly lost all of those already. Um. 149 00:07:36,600 --> 00:07:38,440 Speaker 1: But I think to the to the broader question of 150 00:07:38,560 --> 00:07:40,720 Speaker 1: is he going to be end up end up inflicting 151 00:07:40,760 --> 00:07:45,400 Speaker 1: economic harm on the country and therefore hurting his best 152 00:07:45,480 --> 00:07:48,480 Speaker 1: argument for re election possibly if we keep going down 153 00:07:48,480 --> 00:07:50,880 Speaker 1: this route. I mean, so far the story is still 154 00:07:50,880 --> 00:07:52,840 Speaker 1: good on the economy. But if you keep playing this 155 00:07:52,880 --> 00:07:56,239 Speaker 1: game and and we go deeper into a fight with Mexico, 156 00:07:56,400 --> 00:07:58,680 Speaker 1: who who knows what could happen. I think you're right, 157 00:07:58,760 --> 00:08:00,200 Speaker 1: and I think, I mean, I think you know this 158 00:08:00,240 --> 00:08:02,960 Speaker 1: idea just made Brendan Buck and Richard Fowler Great. I mean, 159 00:08:03,000 --> 00:08:04,920 Speaker 1: I think on trade, I listen, and I wouldn't say 160 00:08:04,920 --> 00:08:07,360 Speaker 1: that I would as a Democrat. I'm not anti trade. 161 00:08:07,360 --> 00:08:09,800 Speaker 1: I just want fair trade. And I think the president 162 00:08:09,840 --> 00:08:11,800 Speaker 1: when he ran for when he ran on this mission, 163 00:08:11,840 --> 00:08:14,920 Speaker 1: in this ideal, in this notion of fair trade, and 164 00:08:14,920 --> 00:08:18,040 Speaker 1: I think what we're seeing here is unfair impacts happening 165 00:08:18,040 --> 00:08:19,920 Speaker 1: for farmers. Not only farmers are not alone. I mean, 166 00:08:19,920 --> 00:08:22,240 Speaker 1: truckers are getting hit pretty hard right now because not 167 00:08:22,280 --> 00:08:25,040 Speaker 1: too much imports are coming in from from the from 168 00:08:25,040 --> 00:08:26,760 Speaker 1: our west coast has to come to the east coast. 169 00:08:27,000 --> 00:08:30,240 Speaker 1: So there's real impacts here that the president's sort of 170 00:08:30,280 --> 00:08:32,560 Speaker 1: just saying, you know, I'm going to overlook these impacts, 171 00:08:32,559 --> 00:08:34,680 Speaker 1: but they're really hurting people. And that's why when you 172 00:08:34,720 --> 00:08:37,120 Speaker 1: look at some of these poles, his approval rating is 173 00:08:37,160 --> 00:08:40,400 Speaker 1: down double digits in Michigan, it's down double digits in 174 00:08:40,480 --> 00:08:43,880 Speaker 1: Wisconsin according to a Morning Console poll, because these voters 175 00:08:43,920 --> 00:08:47,240 Speaker 1: are the ones reaping the impacts, right and they're carrying 176 00:08:47,280 --> 00:08:50,240 Speaker 1: the burden of this prolonged trade where with China alright, 177 00:08:50,280 --> 00:08:52,080 Speaker 1: coming up, we got to get to the real beef 178 00:08:52,080 --> 00:08:54,280 Speaker 1: of the day. Did you guys hear about this German 179 00:08:54,400 --> 00:08:58,440 Speaker 1: Chancellor Angela Merkel, essentially like forget about Speaker Pelosi for 180 00:08:58,440 --> 00:09:00,959 Speaker 1: a second. The one Paul edician in the world. The 181 00:09:01,000 --> 00:09:04,360 Speaker 1: President Trump really went after today was German Chancellor Angela 182 00:09:04,480 --> 00:09:07,760 Speaker 1: Merkel all but threatening sanctions. Uh, we don't know against 183 00:09:07,760 --> 00:09:11,480 Speaker 1: which country, but firing a political warning shot against the Germans. 184 00:09:11,559 --> 00:09:15,559 Speaker 1: Regarding the nord Stream to pipeline, he says it's gonna 185 00:09:15,920 --> 00:09:20,720 Speaker 1: make Berlin quote unquote captive to Moscow. Will break that 186 00:09:20,760 --> 00:09:23,480 Speaker 1: down for you. Coming up next panel stays Brendan Buck 187 00:09:23,720 --> 00:09:26,520 Speaker 1: Richard Fowler. You can download the sound on podcast on 188 00:09:26,559 --> 00:09:29,880 Speaker 1: Apple iTunes, at Bloomberg dot com, or by downloading the 189 00:09:29,880 --> 00:09:32,440 Speaker 1: Bloomberg Business alf. You can also find us on Radio 190 00:09:32,520 --> 00:09:35,840 Speaker 1: dot com, I Heart Radio and Spotify. I'm Kevin Cerelli 191 00:09:36,120 --> 00:09:38,680 Speaker 1: on a beautiful day here in Washington, d C. You're 192 00:09:38,720 --> 00:09:46,760 Speaker 1: listening to Bloomberg. This is Sound On with Kevin's really 193 00:09:47,120 --> 00:09:50,960 Speaker 1: on Bloomberg and one oh five point seven m h 194 00:09:51,040 --> 00:09:55,679 Speaker 1: bubils a more. They shouldn't buy it, or if they 195 00:09:55,720 --> 00:09:59,240 Speaker 1: want to, they can, but that's really a decision of Germany. 196 00:09:59,280 --> 00:10:01,199 Speaker 1: I'm not saying that I would be in favor. I 197 00:10:01,240 --> 00:10:04,360 Speaker 1: think the German people aren't very happy about it because 198 00:10:04,400 --> 00:10:09,319 Speaker 1: it really makes Germany a hostage of Russia. If things 199 00:10:09,360 --> 00:10:12,280 Speaker 1: ever happened that we're bad. And that was President Trump 200 00:10:12,320 --> 00:10:17,080 Speaker 1: speaking earlier today about Germany, about German Chancellor Angela Merkel 201 00:10:17,440 --> 00:10:21,439 Speaker 1: regarding the nord Stream to pipeline. Remember that's the pipeline 202 00:10:21,720 --> 00:10:25,040 Speaker 1: that's being proposed to be built that would really put 203 00:10:25,360 --> 00:10:30,120 Speaker 1: energy from Russia into Europe. And the President threatening sanction 204 00:10:30,120 --> 00:10:32,520 Speaker 1: against whom we don't know. He says he's going to 205 00:10:32,600 --> 00:10:36,400 Speaker 1: meet with Russia President Vladimir Putin at a one off 206 00:10:36,520 --> 00:10:39,679 Speaker 1: during the G twenty summit coming up just a thin 207 00:10:39,840 --> 00:10:43,920 Speaker 1: like two weeks now in Osaka, Japan. Here with me 208 00:10:43,960 --> 00:10:46,840 Speaker 1: to break down the politics and the policy. Richard Fowler. 209 00:10:46,880 --> 00:10:50,719 Speaker 1: He's a nationally syndicated radio show host, a Fox News contributor, 210 00:10:50,880 --> 00:10:54,719 Speaker 1: Democratic strategist, and Brendan Buck former spokesman and adviser to 211 00:10:54,760 --> 00:10:57,120 Speaker 1: HOWSE speaker Paul Ryan. Now he's a partner of Blue Engine, 212 00:10:57,120 --> 00:10:59,839 Speaker 1: Message of Media and j D A frontline. Brendy, you 213 00:11:00,240 --> 00:11:04,080 Speaker 1: on a codel to poland UH and we were talking 214 00:11:04,120 --> 00:11:06,679 Speaker 1: in the break about the policy regarding the nord Stream 215 00:11:06,760 --> 00:11:10,160 Speaker 1: to UH and the President's position on this walk me 216 00:11:10,200 --> 00:11:13,600 Speaker 1: through it. Yeah, you know, I don't certainly don't condone 217 00:11:14,160 --> 00:11:17,520 Speaker 1: the president attacking one of our allies in Germany as 218 00:11:17,559 --> 00:11:19,400 Speaker 1: he's doing it. But if you look past some of 219 00:11:19,600 --> 00:11:22,760 Speaker 1: the rhetoric, the policy here that he's in and in 220 00:11:22,840 --> 00:11:26,480 Speaker 1: the embrace or at least getting Poland to embrace us 221 00:11:26,760 --> 00:11:29,480 Speaker 1: is finally a good thing that we should be happy. 222 00:11:29,559 --> 00:11:32,760 Speaker 1: Poland is in a difficult region. They get pushed around 223 00:11:33,559 --> 00:11:35,599 Speaker 1: by Russia a lot, and there's been a lot of 224 00:11:35,640 --> 00:11:38,720 Speaker 1: concern recently about Polish leaders. They've been cracking down on 225 00:11:38,720 --> 00:11:41,280 Speaker 1: the press, they've been cracking down on the sort of 226 00:11:41,320 --> 00:11:44,080 Speaker 1: independent judiciary, and there's been some current about sort of 227 00:11:44,120 --> 00:11:47,560 Speaker 1: slippage from democratic ideals. And so the fact that we 228 00:11:47,600 --> 00:11:50,199 Speaker 1: can bring him here, have the President wrap his arms 229 00:11:50,200 --> 00:11:52,400 Speaker 1: around him in sort of American ideals and pushed back 230 00:11:52,440 --> 00:11:54,880 Speaker 1: frankly against Russia's is one of those crazy things where 231 00:11:54,920 --> 00:11:57,200 Speaker 1: the president usually you know, what he says on Russia 232 00:11:57,360 --> 00:11:59,920 Speaker 1: isn't isn't often great. But here's another example, would that 233 00:12:00,200 --> 00:12:03,400 Speaker 1: doing on Russia is actually pretty good. Firm, tough policy. 234 00:12:03,920 --> 00:12:05,920 Speaker 1: I would agree that in the idea of keeping Poland 235 00:12:05,920 --> 00:12:07,360 Speaker 1: close to US is one thing I'm just not sure 236 00:12:07,360 --> 00:12:09,480 Speaker 1: if that in the meeting that was happened to happen 237 00:12:09,480 --> 00:12:13,160 Speaker 1: between the President and the Prime Minister, those conversations about 238 00:12:13,240 --> 00:12:15,720 Speaker 1: why he should preserve the press and he should protect 239 00:12:15,760 --> 00:12:18,280 Speaker 1: the independence of the court because our president is a 240 00:12:18,360 --> 00:12:20,439 Speaker 1: horrible example of all of us. I gotta jump in 241 00:12:20,480 --> 00:12:22,800 Speaker 1: here because actually are colleg in the White House Press 242 00:12:22,800 --> 00:12:26,120 Speaker 1: Corps Chris and Wildner over an NBC. She asked President 243 00:12:26,200 --> 00:12:30,400 Speaker 1: Duda about what's been going on over there regarding the 244 00:12:30,440 --> 00:12:34,720 Speaker 1: limiting the Supreme Court of Poland and asked the President 245 00:12:34,720 --> 00:12:37,400 Speaker 1: Trump agreed with that, and President Trump's latly answered no. 246 00:12:37,760 --> 00:12:39,480 Speaker 1: So it was pretty interesting to show that about. I 247 00:12:39,480 --> 00:12:42,559 Speaker 1: want to bring in a new guest. We are thrilled 248 00:12:42,600 --> 00:12:44,679 Speaker 1: that she's joining us before she has to jump on 249 00:12:44,720 --> 00:12:48,640 Speaker 1: a flight to Charleston, South Carolina. Acuna Cook. She is 250 00:12:48,720 --> 00:12:53,960 Speaker 1: the founding executive director of the Black Economic Alliance. They 251 00:12:54,040 --> 00:12:57,800 Speaker 1: got this new nationwide survey out focused exclusively on the 252 00:12:57,840 --> 00:13:01,840 Speaker 1: economic priorities for African Americans, and they've got a presidential 253 00:13:01,880 --> 00:13:04,680 Speaker 1: forum later this week in South Carolina, which is where 254 00:13:04,679 --> 00:13:07,719 Speaker 1: you're literally going Acuna right after right after this. If 255 00:13:07,800 --> 00:13:09,640 Speaker 1: if I can, if if you miss your flight, it's 256 00:13:09,679 --> 00:13:12,319 Speaker 1: all my fault. Well, thank you so much for being here. 257 00:13:12,320 --> 00:13:14,520 Speaker 1: Tell me about your survey and what you found in 258 00:13:14,559 --> 00:13:17,719 Speaker 1: your survey. Thanks Kevin, it's great to be here. UM. 259 00:13:17,840 --> 00:13:20,360 Speaker 1: So for your listeners that might not be familiar with 260 00:13:20,360 --> 00:13:23,400 Speaker 1: the Black Economic Alliance, this was an organization that was 261 00:13:23,440 --> 00:13:27,600 Speaker 1: started by a group of black executives to really make 262 00:13:27,640 --> 00:13:32,240 Speaker 1: sure that the political system becomes accountable to the Black community, 263 00:13:32,320 --> 00:13:36,280 Speaker 1: especially around work, wages and wealth. These are individuals who 264 00:13:36,360 --> 00:13:39,640 Speaker 1: have been giving you money to politics and supporting candidates 265 00:13:39,640 --> 00:13:43,800 Speaker 1: and elected officials for years and we're really frustrated that 266 00:13:43,880 --> 00:13:46,400 Speaker 1: the black community seem to either be taken a grant 267 00:13:46,440 --> 00:13:50,280 Speaker 1: for granted or ignored. And so our organization is focused 268 00:13:50,280 --> 00:13:53,000 Speaker 1: on advancing these policies and this poll is a big 269 00:13:53,040 --> 00:13:57,040 Speaker 1: part of that. And they're like Biden. So the poll 270 00:13:57,160 --> 00:13:59,960 Speaker 1: shows that there is uh, you know, we we polled 271 00:14:00,360 --> 00:14:05,000 Speaker 1: the seven candidates who were invited to the forum. We 272 00:14:05,120 --> 00:14:08,920 Speaker 1: selected the top tier candidates based on their polling in 273 00:14:08,920 --> 00:14:13,000 Speaker 1: early states. UM. But it's clear that all of the 274 00:14:13,040 --> 00:14:17,000 Speaker 1: candidates have to be speaking to these issues. UM. And 275 00:14:17,080 --> 00:14:19,960 Speaker 1: that's not quite quite clear yet because the you know, 276 00:14:19,960 --> 00:14:24,440 Speaker 1: all the candidates are stilled developing their plans um, and yes, 277 00:14:24,560 --> 00:14:26,960 Speaker 1: Biden is pulling at the top. But I think that 278 00:14:27,040 --> 00:14:29,720 Speaker 1: you'll also see that a lot of these candidates are 279 00:14:29,720 --> 00:14:33,960 Speaker 1: pulling strongly and at different levels depending on how familiar 280 00:14:34,560 --> 00:14:36,760 Speaker 1: voters are with them. A ConA Cook is here. She 281 00:14:36,960 --> 00:14:40,440 Speaker 1: is the founding executive rector of the Black Economic Alliance. Richard, 282 00:14:40,480 --> 00:14:42,920 Speaker 1: I'm looking at this, this survey that they have out. 283 00:14:43,240 --> 00:14:45,200 Speaker 1: They're going to host a forum in South Carolina and 284 00:14:45,240 --> 00:14:48,200 Speaker 1: the top tier Democratic presidential candidates are going to go 285 00:14:48,320 --> 00:14:51,680 Speaker 1: to it. Healthcare is the top policy issue among these 286 00:14:51,720 --> 00:14:55,600 Speaker 1: Democratic voters, regardless of race. But the memos accompanying polls, 287 00:14:55,640 --> 00:14:59,280 Speaker 1: according to Politico, stressed that Black Americans deal they're facing 288 00:14:59,320 --> 00:15:05,200 Speaker 1: significant economic challenges in their own communities. If the economy 289 00:15:05,200 --> 00:15:07,600 Speaker 1: we're talking about this earlier Brendan Buck, if the economy 290 00:15:07,640 --> 00:15:10,560 Speaker 1: holds up though, if the unemployment still low, I mean, 291 00:15:10,800 --> 00:15:13,600 Speaker 1: you know, is that is that going to help the 292 00:15:13,640 --> 00:15:18,640 Speaker 1: president or or what amongst black voters are amongst black voters, Well, 293 00:15:18,760 --> 00:15:21,400 Speaker 1: I think it's interesting that polls show that healthcare was 294 00:15:21,400 --> 00:15:22,960 Speaker 1: a number one issue, right because when you talk to 295 00:15:23,040 --> 00:15:25,600 Speaker 1: a Reason poll that came out talking to African American mothers, 296 00:15:25,920 --> 00:15:28,040 Speaker 1: and when you talk to them. What they was sort 297 00:15:28,040 --> 00:15:29,480 Speaker 1: of what they point to as one of the reasons 298 00:15:29,480 --> 00:15:33,080 Speaker 1: for their success in this neutromp economy is the benefits 299 00:15:33,160 --> 00:15:35,240 Speaker 1: of the Affordable Care Act. Either somewhere allowed to get 300 00:15:35,320 --> 00:15:38,040 Speaker 1: jobs in healthcare because of the expansion of healthcare. Too, 301 00:15:38,880 --> 00:15:41,560 Speaker 1: was the fact that they actually had access to healthcare, 302 00:15:41,560 --> 00:15:43,000 Speaker 1: so they were allowed to go out and get work. 303 00:15:43,320 --> 00:15:45,680 Speaker 1: They had the burden of paying for healthcare was taken 304 00:15:45,720 --> 00:15:47,520 Speaker 1: away from them, so they use that extra money to 305 00:15:47,880 --> 00:15:50,640 Speaker 1: contribute to other fair household needs. So the President's sort 306 00:15:50,640 --> 00:15:52,840 Speaker 1: of going against the Affordable Care Acts sort of speaks 307 00:15:52,840 --> 00:15:55,560 Speaker 1: to why black voters are sort of against him. So 308 00:15:55,560 --> 00:15:58,240 Speaker 1: so I do want to find and point folks to 309 00:15:58,280 --> 00:16:02,520 Speaker 1: the poll which shows that healthcare are uh, college affordability, 310 00:16:02,640 --> 00:16:07,320 Speaker 1: and access to jobs. Who are actually all polled evenly um, 311 00:16:07,360 --> 00:16:09,480 Speaker 1: And I think that's reflective of the fact that yes, 312 00:16:09,560 --> 00:16:13,960 Speaker 1: healthcare and rising healthcare concerns, college affordability and the rising 313 00:16:14,040 --> 00:16:18,800 Speaker 1: debt those affect all Americans, although there are acute effects 314 00:16:18,800 --> 00:16:22,760 Speaker 1: on the Black community. But this particular issue around whether 315 00:16:22,880 --> 00:16:25,320 Speaker 1: or not black communities are going to be ready for 316 00:16:25,400 --> 00:16:27,920 Speaker 1: the jobs of the future was something that came up 317 00:16:27,960 --> 00:16:30,720 Speaker 1: over and over in our focus groups. I think there's 318 00:16:30,760 --> 00:16:33,520 Speaker 1: a real feeling because so many Black Americans are over 319 00:16:33,560 --> 00:16:37,000 Speaker 1: indexed and low paying, low scale jobs that are highly 320 00:16:37,120 --> 00:16:41,360 Speaker 1: susceptible to automation. If those uh, if that community is 321 00:16:41,360 --> 00:16:44,400 Speaker 1: actually not retrained for new jobs and half of those jobs, 322 00:16:44,400 --> 00:16:47,440 Speaker 1: if even half of those Black Americans are displaced, you 323 00:16:47,480 --> 00:16:50,720 Speaker 1: could see the black unemployment rate skyrocket from a little 324 00:16:50,760 --> 00:16:53,520 Speaker 1: over seven percent over the next few years. And many 325 00:16:53,520 --> 00:16:56,200 Speaker 1: of those jobs, Kevin are connected. They come with healthcare benefits, right, 326 00:16:56,240 --> 00:16:59,160 Speaker 1: So when you talk about healthcare, there's real implications when 327 00:16:59,160 --> 00:17:01,040 Speaker 1: a factory shuts down and these workers can't go into 328 00:17:01,120 --> 00:17:04,840 Speaker 1: else But Republican strategist, former communications director to the former 329 00:17:04,880 --> 00:17:06,560 Speaker 1: Speaker of the House, Paul Right, I mean, I hear 330 00:17:06,640 --> 00:17:08,679 Speaker 1: these issues that are being described and they're the exact 331 00:17:08,680 --> 00:17:12,440 Speaker 1: same issues as well Americans, sure, and particularly the workforce 332 00:17:12,480 --> 00:17:15,440 Speaker 1: development issues. I mean, that's huge, no matter what part 333 00:17:15,480 --> 00:17:17,800 Speaker 1: of the country from UM. I'd be curious, is this 334 00:17:17,880 --> 00:17:19,639 Speaker 1: the first time you've done this poll. Have you been 335 00:17:19,680 --> 00:17:21,760 Speaker 1: able to see any sort of trend in how this 336 00:17:21,920 --> 00:17:26,040 Speaker 1: is over time? We've not done a poll this extensive before, 337 00:17:26,080 --> 00:17:29,119 Speaker 1: but we did a poll last fall right before the 338 00:17:29,160 --> 00:17:32,600 Speaker 1: midterms that found that these were basically the same issues. 339 00:17:32,600 --> 00:17:35,520 Speaker 1: So we knew that healthcare was was a top concern, 340 00:17:35,560 --> 00:17:39,080 Speaker 1: college affordability was a top concern, Jobs was a top concern, 341 00:17:39,440 --> 00:17:42,240 Speaker 1: and so I think that that holds um But what's 342 00:17:42,280 --> 00:17:48,000 Speaker 1: really important to understand is that although the economy overall 343 00:17:48,080 --> 00:17:51,000 Speaker 1: seems to be uh, you know, churning in the right direction, 344 00:17:51,520 --> 00:17:55,359 Speaker 1: the black community still feels that that's not trickling down 345 00:17:55,359 --> 00:17:59,280 Speaker 1: to our communities. An overwhelming majority in the survey said 346 00:17:59,280 --> 00:18:02,119 Speaker 1: that they don't deal that they can dream is accessible, 347 00:18:02,520 --> 00:18:04,520 Speaker 1: and so I think that with that, we really need 348 00:18:04,600 --> 00:18:07,800 Speaker 1: to be pushing these candidates to focus on the policies 349 00:18:07,840 --> 00:18:10,960 Speaker 1: that will make the American dream accessible for all Americans. Again. 350 00:18:11,040 --> 00:18:14,560 Speaker 1: Coming up, An Cook talks South Carolina politics ahead of 351 00:18:14,560 --> 00:18:18,880 Speaker 1: that big Charleston, South Carolina conference forum with the top 352 00:18:18,880 --> 00:18:22,359 Speaker 1: tier Democratic candidates, plus what Joe Biden has to say 353 00:18:22,720 --> 00:18:26,120 Speaker 1: about trade policy. Breaking news on the Bloomberg terminal headline, 354 00:18:26,359 --> 00:18:30,640 Speaker 1: Hope Pix Remember her. Hope Picks agrees to June Ninete 355 00:18:31,359 --> 00:18:37,080 Speaker 1: House Judiciary Committee interview that according to Jerry Nadler, the 356 00:18:37,160 --> 00:18:39,960 Speaker 1: chairman of that committee, I'm Kevin Seili, you're listening to 357 00:18:40,000 --> 00:18:49,199 Speaker 1: Bloomberg you're listening to Sound On with Kevin Surreally on 358 00:18:49,320 --> 00:18:52,800 Speaker 1: Bloomberg one and one oh five point seven f m 359 00:18:52,880 --> 00:18:58,199 Speaker 1: h D two, Baltimore. I'm Kevin Sireli, chief Washington correspondent 360 00:18:58,320 --> 00:19:01,119 Speaker 1: for Bloomberg Television and blue Berg Radio. It was a 361 00:19:01,160 --> 00:19:03,520 Speaker 1: remarkable day at the White House as we navigate through 362 00:19:04,000 --> 00:19:06,440 Speaker 1: the various headlines coming out of the Rose Garden press 363 00:19:06,440 --> 00:19:10,439 Speaker 1: conference with President Trump. Meanwhile, headlines crossing the Bloomberg terminal 364 00:19:10,560 --> 00:19:15,480 Speaker 1: as we speak. As we speak, Treasury Secretary Stephen Manusian 365 00:19:15,600 --> 00:19:17,520 Speaker 1: saying he'd like the debt ceiling to be part of 366 00:19:17,520 --> 00:19:20,399 Speaker 1: the budget deal. Hope Picks is going to testify on 367 00:19:20,520 --> 00:19:23,280 Speaker 1: June nine before the House Judiciary Committee, according to the 368 00:19:23,280 --> 00:19:27,119 Speaker 1: committee's chairman, Jerry Nadler, Senator Ben Carden, Democrat from Maryland, 369 00:19:27,119 --> 00:19:29,200 Speaker 1: He's gonna call in to help us sort through all 370 00:19:29,200 --> 00:19:31,720 Speaker 1: of that. But we still got a Kuna Cook here 371 00:19:31,840 --> 00:19:35,680 Speaker 1: in studio along with Richard Fowler, a Democratic strategist. Brendan Buck, 372 00:19:35,720 --> 00:19:38,879 Speaker 1: former spokesman to Paul Ryan. Now he's over at Blue Engine. 373 00:19:39,440 --> 00:19:42,359 Speaker 1: Uh and Okay, you're the founding executive director of the 374 00:19:42,400 --> 00:19:44,600 Speaker 1: Black Economic Alliance. We were talking about some of the 375 00:19:44,640 --> 00:19:49,160 Speaker 1: economic issues that are UH and priorities for African American 376 00:19:49,240 --> 00:19:51,760 Speaker 1: voters in this upcoming election. It is such a crowded, 377 00:19:52,400 --> 00:19:57,520 Speaker 1: crowded Democratic presidential primary fielders like twenty million people running 378 00:19:57,520 --> 00:19:59,639 Speaker 1: for president or something like that. And you're headed to 379 00:19:59,720 --> 00:20:01,560 Speaker 1: Charles sit after this tell us about what you're gonna 380 00:20:01,560 --> 00:20:04,080 Speaker 1: be doing in Charleston, South Carolina this week. Yes, we're 381 00:20:04,080 --> 00:20:07,480 Speaker 1: really excited. We decided that one of the key ways 382 00:20:07,520 --> 00:20:11,760 Speaker 1: to make sure that these issues UM around economic progress 383 00:20:11,760 --> 00:20:13,600 Speaker 1: and black communities are going to be central to the 384 00:20:13,640 --> 00:20:17,800 Speaker 1: conversation was to gather the top tier candidates in South 385 00:20:17,840 --> 00:20:20,600 Speaker 1: Carolina to talk about it. UM. We know the South 386 00:20:20,640 --> 00:20:24,080 Speaker 1: Carolina is a hugely important state given its demographics but 387 00:20:24,119 --> 00:20:27,000 Speaker 1: also the way that these issues really resonate with UH 388 00:20:27,080 --> 00:20:31,920 Speaker 1: citizens there, and so we invited the candidates as soon 389 00:20:31,960 --> 00:20:34,679 Speaker 1: as they hit a three percent threshold pulling threshold in 390 00:20:34,720 --> 00:20:40,679 Speaker 1: the early states. UM, we're pleased that Elizabeth Warren, Pete Buddha, Judge, 391 00:20:41,200 --> 00:20:43,960 Speaker 1: Corey Booker, and Beata A. Rourke will be joining us 392 00:20:44,520 --> 00:20:49,000 Speaker 1: on for for the forum, moderated by Solidad O'Brien. It 393 00:20:49,080 --> 00:20:52,040 Speaker 1: will be broadcast on a BT the next day, and 394 00:20:52,119 --> 00:20:56,240 Speaker 1: so we're excited to this conversation. Uh No, Vice President 395 00:20:56,280 --> 00:20:59,720 Speaker 1: Biden will not be there, um, but we anticipate that 396 00:20:59,760 --> 00:21:01,480 Speaker 1: we well, you know, at some point and have a 397 00:21:01,520 --> 00:21:05,320 Speaker 1: conversation with him about the Richard Fowler Democratic strategist Elizabeth 398 00:21:05,320 --> 00:21:09,280 Speaker 1: Warren Senator Elizabeth Warren, she's got to navigate this Native 399 00:21:09,320 --> 00:21:12,560 Speaker 1: American issue question. But she's actually been doing pretty well, 400 00:21:12,640 --> 00:21:14,640 Speaker 1: pulling pretty well with African Americans. Why do you think 401 00:21:14,640 --> 00:21:17,600 Speaker 1: that is? Can she put this Native American issue behind her? 402 00:21:18,400 --> 00:21:20,119 Speaker 1: I think we'll have to wait to see which you 403 00:21:20,200 --> 00:21:21,800 Speaker 1: can put it behind her. I think she's doing well 404 00:21:21,840 --> 00:21:23,880 Speaker 1: amongst I think Elizabeth Warren is sort of she's she's 405 00:21:23,880 --> 00:21:26,520 Speaker 1: gotten her some she has gotten her campaign stride, and 406 00:21:26,520 --> 00:21:27,960 Speaker 1: I think as people are starting to pay more and 407 00:21:27,960 --> 00:21:31,680 Speaker 1: more attention to the twenty field, Elizabeth Warren is coming 408 00:21:31,680 --> 00:21:34,439 Speaker 1: out as sort of this idea's candidate, the big ideas candidate. 409 00:21:34,440 --> 00:21:36,040 Speaker 1: And if you were a Bernie supporter and you realize 410 00:21:36,040 --> 00:21:38,080 Speaker 1: that Bernie doesn't have a shot to win this nomination, 411 00:21:38,600 --> 00:21:40,840 Speaker 1: then you're sort of jumping ship and saying, elizabethe gives 412 00:21:40,840 --> 00:21:43,399 Speaker 1: you all the progressive ideas and she's a newer face 413 00:21:43,720 --> 00:21:46,640 Speaker 1: than Bernie Sam. Bernie is smiling. Right, Bernie is sort 414 00:21:46,680 --> 00:21:49,199 Speaker 1: of a victim of his own success, right, Like he 415 00:21:49,280 --> 00:21:53,000 Speaker 1: totally changed the dynamic in the the Democratic Party. Everybody 416 00:21:53,040 --> 00:21:56,000 Speaker 1: now adopted his ideas, and all that's left is just 417 00:21:56,040 --> 00:21:57,680 Speaker 1: like the angry old white guy when you could have 418 00:21:57,720 --> 00:21:59,800 Speaker 1: the ideas without that. And so I think that's what 419 00:21:59,800 --> 00:22:02,200 Speaker 1: you're seeing. Happened with Elizabeth Warrent. And it was a 420 00:22:02,320 --> 00:22:04,760 Speaker 1: nicer way of that was like, I was trying to 421 00:22:04,800 --> 00:22:06,960 Speaker 1: be nice. He was very discrude about what I said. 422 00:22:08,560 --> 00:22:10,840 Speaker 1: He's not a democratic, right, maybe he's like, you know, 423 00:22:11,080 --> 00:22:12,840 Speaker 1: he's right, I just I was trying to be nice 424 00:22:12,840 --> 00:22:15,840 Speaker 1: about it. Wait, wait, but this whole issue. I mean, 425 00:22:15,880 --> 00:22:19,080 Speaker 1: Bernie Sanders today gave this speech on like embracing social 426 00:22:19,080 --> 00:22:23,119 Speaker 1: Did you guys see this the defensive social He defended socialism? 427 00:22:23,200 --> 00:22:25,800 Speaker 1: Richard Fowler? Is that good thing for Democrats? Well, I 428 00:22:25,800 --> 00:22:27,359 Speaker 1: think this is what happens when you have a field 429 00:22:27,359 --> 00:22:29,800 Speaker 1: with twenty some candidates and you're trying to sort of 430 00:22:29,840 --> 00:22:33,199 Speaker 1: be the shiny penny in a pond, in a wishing well. Right, 431 00:22:33,240 --> 00:22:36,359 Speaker 1: So you're like, well, let me, I'm not saying I 432 00:22:36,359 --> 00:22:38,359 Speaker 1: don't think socialism the shiny penny for where the I 433 00:22:38,600 --> 00:22:41,480 Speaker 1: I think if you look at the Democratic electorate now, uh, 434 00:22:41,520 --> 00:22:43,000 Speaker 1: and I think what you have is you have some 435 00:22:43,000 --> 00:22:45,240 Speaker 1: candidates are just focused on the primaries, and you have 436 00:22:45,280 --> 00:22:47,359 Speaker 1: other candidates who are looking forward and forward facing to 437 00:22:47,400 --> 00:22:50,760 Speaker 1: the election. The candidates that are forward facing election I 438 00:22:50,760 --> 00:22:54,080 Speaker 1: think will fare better um in the primary because I think, 439 00:22:54,119 --> 00:22:55,920 Speaker 1: what if you look at all the states, all three 440 00:22:55,960 --> 00:22:58,800 Speaker 1: states of the first to have primaries or caucuses, the 441 00:22:58,880 --> 00:23:01,760 Speaker 1: number one issue for voters selectability. I'm biased. I grew 442 00:23:01,800 --> 00:23:04,160 Speaker 1: up in Delco, outside of Philly, so I think Pennsylvania 443 00:23:04,200 --> 00:23:07,119 Speaker 1: politics are always the most in Pennsylvania are always the 444 00:23:07,119 --> 00:23:10,320 Speaker 1: most interesting in the country. But South Carolina politics are 445 00:23:10,359 --> 00:23:13,840 Speaker 1: always brawl. I mean Republicans, they don't have a fight 446 00:23:14,040 --> 00:23:18,720 Speaker 1: in South Carolina. Brendan Buck. Can Elizabeth Warren really say 447 00:23:18,760 --> 00:23:21,720 Speaker 1: that she's to the middle of Bernie Sanders because she's 448 00:23:21,760 --> 00:23:24,199 Speaker 1: saying that she's not a socialist, Well, and that's the 449 00:23:24,200 --> 00:23:27,640 Speaker 1: big difference. She's like one tick to the middle of Bernie, 450 00:23:28,160 --> 00:23:30,399 Speaker 1: but still to the left of Biden. Yeah, I mean, 451 00:23:30,440 --> 00:23:33,920 Speaker 1: I think she is setting herself up well to become 452 00:23:34,000 --> 00:23:37,960 Speaker 1: the anti Biden choice. So if there's a poll that 453 00:23:38,000 --> 00:23:42,040 Speaker 1: came out this week that showed that of Democrats just 454 00:23:42,320 --> 00:23:44,000 Speaker 1: the most important thing for them is somebody who can 455 00:23:44,040 --> 00:23:47,960 Speaker 1: beat Trump, and only thirty was that their ideas are 456 00:23:48,080 --> 00:23:50,320 Speaker 1: are consistent with their own with the with the voter's 457 00:23:50,359 --> 00:23:53,720 Speaker 1: own ideas well. Well, I will say that in our poll, 458 00:23:53,880 --> 00:23:57,639 Speaker 1: we found a significant majority of people who said that 459 00:23:57,720 --> 00:24:02,720 Speaker 1: having a plan that would address these economic issues would 460 00:24:02,760 --> 00:24:06,080 Speaker 1: increase significantly their their chances of supporting a Canada. And 461 00:24:06,119 --> 00:24:08,960 Speaker 1: so I think what you're seeing is that to the 462 00:24:09,040 --> 00:24:11,560 Speaker 1: extent that Canadas are coming forward and showing that they're 463 00:24:11,560 --> 00:24:17,520 Speaker 1: actually serious about putting forward pragmatic, implementable solutions to these problems, 464 00:24:17,680 --> 00:24:19,960 Speaker 1: you're seeing them get support. And I think that that's, 465 00:24:20,160 --> 00:24:21,600 Speaker 1: you know, not starting to try. And I think that 466 00:24:21,640 --> 00:24:24,000 Speaker 1: she's taking I think my point is that she's taking 467 00:24:24,040 --> 00:24:27,480 Speaker 1: that lane, and she is Joe Biden is the only 468 00:24:27,520 --> 00:24:30,000 Speaker 1: person in that other lane. So I think everyone else 469 00:24:30,080 --> 00:24:31,960 Speaker 1: is fighting to be because Joe Biden's based said, you 470 00:24:32,000 --> 00:24:34,119 Speaker 1: guys can go and be the progressive heroes if you 471 00:24:34,160 --> 00:24:36,120 Speaker 1: want to. I'm not going to play that game. I'm 472 00:24:36,160 --> 00:24:38,000 Speaker 1: just here to beat Trump. You know what's fascinating is 473 00:24:38,040 --> 00:24:40,600 Speaker 1: when whenever I have interviewed Running Buck about Republicans, you 474 00:24:40,680 --> 00:24:44,359 Speaker 1: have to be like so not I mean calculating about 475 00:24:44,359 --> 00:24:46,879 Speaker 1: like what you say given the dynamics and the Republican Party, 476 00:24:47,160 --> 00:24:50,359 Speaker 1: but now about Democrats, it's like filter is off. He 477 00:24:50,400 --> 00:24:53,280 Speaker 1: can say what everyone's filters off. Here on sound on 478 00:24:53,359 --> 00:24:55,560 Speaker 1: a kunakok. You have a flight to catch good luck 479 00:24:55,600 --> 00:24:57,719 Speaker 1: in Charleston, South Carolina. Be sure to tell us all 480 00:24:57,760 --> 00:25:00,760 Speaker 1: about it coming up, Senator Ben carr In. You can 481 00:25:00,840 --> 00:25:04,320 Speaker 1: download the Sound On podcast on Apple iTunes, at Bloomberg 482 00:25:04,320 --> 00:25:06,880 Speaker 1: dot com or the Bloomberg Business app. You can also 483 00:25:06,960 --> 00:25:10,000 Speaker 1: find us on Radio dot com, I Heart Radio, and Spotify. 484 00:25:10,400 --> 00:25:17,399 Speaker 1: I'm Kevin Cirelli. You're listening to Bloomberg. You're listening to 485 00:25:17,680 --> 00:25:22,320 Speaker 1: Sound On with Kevin Serelli on Bloomberg one and one 486 00:25:22,320 --> 00:25:26,320 Speaker 1: oh five point seven f M HD two Boltomolier. I'm 487 00:25:26,400 --> 00:25:31,359 Speaker 1: Kevin Cerelli, chief Washington correspondent for Bloomberg Television and Bloomberg Radio. 488 00:25:31,520 --> 00:25:35,440 Speaker 1: Were awaiting Senator Ben Carton, Democrat from Maryland. We're gonna 489 00:25:35,520 --> 00:25:38,320 Speaker 1: check in with him to talk about tariffs. We were 490 00:25:38,320 --> 00:25:41,920 Speaker 1: talking about tariffs earlier. President Trump holding a press conference 491 00:25:41,960 --> 00:25:46,320 Speaker 1: at the Rose Garden earlier today, he says that he's 492 00:25:46,920 --> 00:25:50,400 Speaker 1: really considering increasing tariffs. Against the Chinese. He likes what's 493 00:25:50,400 --> 00:25:52,639 Speaker 1: going on with Mexico. He's at the pause button on 494 00:25:52,720 --> 00:25:56,600 Speaker 1: there with me in studio. We've got Brendan buck he 495 00:25:56,840 --> 00:25:59,680 Speaker 1: is former spokesman and advisor to how speaker Paul Ryan. 496 00:26:00,040 --> 00:26:02,040 Speaker 1: He's a partner of Blue Engine, Message of Media and 497 00:26:02,119 --> 00:26:05,480 Speaker 1: j d A front Line. And we also have Richard Fowler, 498 00:26:05,720 --> 00:26:09,360 Speaker 1: a Democratic strategist, nationally syndicated radio show host and Fox 499 00:26:09,400 --> 00:26:12,920 Speaker 1: News contributor. Richard, did you see or did you hear? 500 00:26:13,080 --> 00:26:14,360 Speaker 1: I mean, I saw it A was at the White House, 501 00:26:14,359 --> 00:26:16,320 Speaker 1: the F thirty five that flew over. Did you hear 502 00:26:16,359 --> 00:26:17,760 Speaker 1: the I did not because I live on the other 503 00:26:17,760 --> 00:26:20,879 Speaker 1: side of town. Um like, I live behind the Capitol, 504 00:26:20,960 --> 00:26:22,760 Speaker 1: not close to the White House side in here, and 505 00:26:22,760 --> 00:26:25,320 Speaker 1: that's my opposite. I saw it on social media. It 506 00:26:25,600 --> 00:26:27,719 Speaker 1: was thrilling, you know what, You know what it was. 507 00:26:28,480 --> 00:26:31,040 Speaker 1: It was not thrilling. It was not thrilling to watch 508 00:26:31,080 --> 00:26:34,280 Speaker 1: that on social media. It was thrilling for me to 509 00:26:34,320 --> 00:26:39,560 Speaker 1: actually witness the roaring thunder, the roaring thunder of the 510 00:26:39,640 --> 00:26:42,320 Speaker 1: F thirty five flying over Washington as a sign of 511 00:26:42,320 --> 00:26:46,159 Speaker 1: military strength and that the Polish just bought these so 512 00:26:46,280 --> 00:26:47,919 Speaker 1: which is why the whole thing happened. It was like 513 00:26:47,920 --> 00:26:50,240 Speaker 1: a military thing. Senator Ben Carton's on the line. He 514 00:26:50,359 --> 00:26:53,320 Speaker 1: just got off the Senate floor. He's a Democrat from Maryland. Senator, 515 00:26:53,560 --> 00:26:56,159 Speaker 1: thanks for calling in. Appreciate it. It's good to be 516 00:26:56,200 --> 00:26:58,480 Speaker 1: with you. Thank you very much. So I gotta ask it. 517 00:26:58,560 --> 00:27:01,040 Speaker 1: What are you hearing from your concert stituents about these 518 00:27:01,240 --> 00:27:05,879 Speaker 1: terroffs and how are the impacting your constituents. I had 519 00:27:05,920 --> 00:27:08,440 Speaker 1: a meeting with saftonon with one of our major companies 520 00:27:08,480 --> 00:27:12,320 Speaker 1: located in Maryland, UH, telling me that the the retaliatory 521 00:27:12,400 --> 00:27:16,720 Speaker 1: tariffs will have a major impact on their profitability and 522 00:27:16,760 --> 00:27:20,880 Speaker 1: their ability to continue to manufacture certain products. So very much. 523 00:27:21,320 --> 00:27:25,200 Speaker 1: It's affecting Maryland businesses. It's affecting our farmers, it's affecting 524 00:27:25,200 --> 00:27:28,919 Speaker 1: our manufacturers. It's affecting our consumers. It's gonna cause consumers 525 00:27:28,960 --> 00:27:34,720 Speaker 1: more uh for their normal needs. So clearly, UH, the 526 00:27:34,800 --> 00:27:37,760 Speaker 1: tariffs are going to be paid for by Americans. UH. 527 00:27:37,800 --> 00:27:39,919 Speaker 1: This is not the way that we should be raising 528 00:27:39,960 --> 00:27:43,080 Speaker 1: these issues. There's a better way to do it. But 529 00:27:43,160 --> 00:27:46,000 Speaker 1: there will be a cost associated, uh with to our 530 00:27:46,040 --> 00:27:48,680 Speaker 1: economic growth as a result of the tariffs. Senator Ben 531 00:27:48,720 --> 00:27:51,639 Speaker 1: Carton he's a Democrat representing the state of Maryland. He 532 00:27:51,880 --> 00:27:54,639 Speaker 1: joins us on the line. We're talking about things terroiffs 533 00:27:55,119 --> 00:27:57,679 Speaker 1: President due to Poland. He was at the White House today. 534 00:27:57,760 --> 00:28:00,679 Speaker 1: You're on the Commission on Security and Cooperate asition in Europe. 535 00:28:00,800 --> 00:28:03,840 Speaker 1: Did you follow these developments about what the President said 536 00:28:03,840 --> 00:28:06,800 Speaker 1: regarding the nord Stream too? And he's actually I guess 537 00:28:06,800 --> 00:28:11,800 Speaker 1: considering sanctions against UH some nations, maybe even Russia potentially, 538 00:28:12,640 --> 00:28:15,000 Speaker 1: because he feels that the Germans are being held captives, 539 00:28:15,320 --> 00:28:19,439 Speaker 1: held hostage his words, President Trump's words to Russia regarding 540 00:28:19,440 --> 00:28:23,119 Speaker 1: the nord Stream too. So let me at least agree 541 00:28:23,160 --> 00:28:26,680 Speaker 1: with the President to the extent that Russia will use 542 00:28:26,960 --> 00:28:30,840 Speaker 1: energy as a weapon UH. And no question that they 543 00:28:30,920 --> 00:28:37,280 Speaker 1: want to control the dependency on Russia source energy UH 544 00:28:37,520 --> 00:28:41,280 Speaker 1: for influence over other countries. So the pipeline that's being 545 00:28:41,280 --> 00:28:44,600 Speaker 1: talked about with Germany is not in our national security interests. 546 00:28:45,200 --> 00:28:48,440 Speaker 1: I've had conversations with the Germans about this, UH, and 547 00:28:48,520 --> 00:28:51,280 Speaker 1: it's something that we would like to see change. But 548 00:28:51,400 --> 00:28:54,200 Speaker 1: once again, the way the President is going about doing 549 00:28:54,240 --> 00:28:59,760 Speaker 1: this raises serious challenges for the United States national security. UH. 550 00:29:00,160 --> 00:29:02,920 Speaker 1: Germany is a very important ally of the United States. 551 00:29:03,840 --> 00:29:07,200 Speaker 1: We need to work together. We don't want to isolate 552 00:29:07,440 --> 00:29:10,320 Speaker 1: and divide Europe even more than it's already been divided 553 00:29:10,360 --> 00:29:14,480 Speaker 1: through Brexit and other activities. So I heard what the 554 00:29:14,480 --> 00:29:17,160 Speaker 1: President said about removing some of our troops from Germany 555 00:29:17,240 --> 00:29:20,080 Speaker 1: and putting them in Poland. I don't think that's gonna 556 00:29:21,960 --> 00:29:25,560 Speaker 1: help our national security issues. It certainly will not change 557 00:29:25,920 --> 00:29:28,840 Speaker 1: the German opinion on what to do with with their 558 00:29:29,040 --> 00:29:32,400 Speaker 1: with their pipeline issues. I think we need to recognize 559 00:29:32,400 --> 00:29:35,480 Speaker 1: that Europe has certain dependencies on energy and we need 560 00:29:35,480 --> 00:29:38,400 Speaker 1: to do better job so that those energy sources come 561 00:29:38,480 --> 00:29:41,960 Speaker 1: from friendly sources. Senator Ben Carter and your press for time, 562 00:29:41,960 --> 00:29:43,560 Speaker 1: and just got one more question for you. He's a 563 00:29:43,600 --> 00:29:46,680 Speaker 1: Democrat from Maryland. We appreciate you calling in. You're on 564 00:29:46,720 --> 00:29:49,520 Speaker 1: the Committee on Finance. You're also on the Committee on 565 00:29:49,600 --> 00:29:55,080 Speaker 1: Foreign Relations. As you try to navigate the the impacts 566 00:29:55,280 --> 00:29:58,760 Speaker 1: because it's on trade to bring up home, especially with 567 00:29:58,840 --> 00:30:01,800 Speaker 1: China ahead of the g Funny, what are you really 568 00:30:01,840 --> 00:30:04,320 Speaker 1: going to be watching for in terms of how the 569 00:30:04,360 --> 00:30:08,920 Speaker 1: President is negotiating on trade with the Chinese. The only 570 00:30:08,960 --> 00:30:12,560 Speaker 1: way we're going to be successful in changing what's happening 571 00:30:12,600 --> 00:30:15,480 Speaker 1: in China, and China is trying to use their economic 572 00:30:15,560 --> 00:30:22,200 Speaker 1: power to dictate the rules for economic engagement. Remember this 573 00:30:22,280 --> 00:30:25,000 Speaker 1: is a non market economy and they're trying to make 574 00:30:25,040 --> 00:30:28,640 Speaker 1: their system the global system rather than as it has 575 00:30:28,680 --> 00:30:32,520 Speaker 1: been based upon the type of systems free market systems 576 00:30:32,520 --> 00:30:36,600 Speaker 1: like the United States. So we recognize that China is 577 00:30:36,640 --> 00:30:39,080 Speaker 1: doing things that is that is very much against our 578 00:30:39,520 --> 00:30:44,320 Speaker 1: our interests, against global interests. The United States policy doing 579 00:30:44,360 --> 00:30:48,080 Speaker 1: it alone is not going to change the equation. We 580 00:30:48,160 --> 00:30:51,000 Speaker 1: need to work with our allies. And what I found 581 00:30:51,120 --> 00:30:54,880 Speaker 1: most objectionable by the way the President engaged China is 582 00:30:54,920 --> 00:30:58,120 Speaker 1: that he first alienated our traditional trading partners with the 583 00:30:58,680 --> 00:31:02,440 Speaker 1: steel and aluminum tarra using a National Security to thirty 584 00:31:02,480 --> 00:31:08,040 Speaker 1: two authority to impose tariffs against our closest allies. That 585 00:31:08,520 --> 00:31:13,840 Speaker 1: divided the the coalition UH to work against unfair trading 586 00:31:13,840 --> 00:31:18,240 Speaker 1: practices from China. So when the President UH started acting 587 00:31:18,240 --> 00:31:21,200 Speaker 1: against China, it was unilateral. It didn't have the support 588 00:31:21,760 --> 00:31:25,200 Speaker 1: of our of our global and natural partners UH. That 589 00:31:25,280 --> 00:31:27,840 Speaker 1: makes it much more challenging for us to be successful 590 00:31:27,880 --> 00:31:31,440 Speaker 1: against China. So at this point, I don't think we've 591 00:31:31,560 --> 00:31:34,960 Speaker 1: used the right leverage. Clearly, China does things that we 592 00:31:35,040 --> 00:31:38,160 Speaker 1: cannot allow to continue. We need to take action against China, 593 00:31:38,440 --> 00:31:40,240 Speaker 1: but the way the President has done it to me 594 00:31:40,640 --> 00:31:45,040 Speaker 1: will not result in the right, right course, Senator Ben Carton, 595 00:31:45,200 --> 00:31:47,160 Speaker 1: he's a Democrat from Maryland. I didn't realize this. He 596 00:31:47,200 --> 00:31:50,120 Speaker 1: went to Pittsburgh, University of Pittsburgh and PA before you 597 00:31:50,160 --> 00:31:52,560 Speaker 1: went to law school University of Maryland. You gotta love 598 00:31:52,600 --> 00:31:56,160 Speaker 1: this Pittsburgh parogy, Senator, Oh, absolutely, I love that. You're 599 00:31:56,240 --> 00:31:59,160 Speaker 1: exactly right. I really enjoyed the city of Pittsburgh, and 600 00:31:59,200 --> 00:32:01,560 Speaker 1: I enjoyed my experien into at the University of Pittsburgh. 601 00:32:01,800 --> 00:32:03,960 Speaker 1: I talked about it frequently. I've been back many times, 602 00:32:03,960 --> 00:32:07,040 Speaker 1: and the community has changed pretty dramatically since my day. 603 00:32:07,600 --> 00:32:09,080 Speaker 1: And I'm a penn State or so I'm always you 604 00:32:09,160 --> 00:32:11,920 Speaker 1: in penn State, but you know, hey, it's Pennsylvania. Thank you, Senator, 605 00:32:11,960 --> 00:32:16,200 Speaker 1: appreciate the time joining us for reaction. Richard Fowler, Democratic strategist, 606 00:32:16,280 --> 00:32:19,960 Speaker 1: nationally syndicated radio show host, Fox News contributor Brendan Buck, 607 00:32:19,960 --> 00:32:23,000 Speaker 1: who was nodding his head in agreement, nodding his head 608 00:32:23,040 --> 00:32:26,400 Speaker 1: in agreement to Senator Carton, the former spokesman to Paul 609 00:32:26,480 --> 00:32:29,320 Speaker 1: Ryan and partner of Blue Engine Message Media. You agree 610 00:32:29,360 --> 00:32:31,720 Speaker 1: with him on well, he was on my same wavelength 611 00:32:31,800 --> 00:32:34,040 Speaker 1: on the President's actions on Poland and Russia. I mean, 612 00:32:34,080 --> 00:32:37,600 Speaker 1: today he was standing up for Western values and standing 613 00:32:37,640 --> 00:32:39,760 Speaker 1: up to Russia. And you know, that's an encouraging thing 614 00:32:39,800 --> 00:32:41,800 Speaker 1: to see. We don't see that necessarily every day with 615 00:32:41,800 --> 00:32:44,200 Speaker 1: the President, particularly in his rhetoric. His actions I think 616 00:32:44,240 --> 00:32:46,840 Speaker 1: have actually been relatively strong against Russia. And today, you 617 00:32:46,840 --> 00:32:48,880 Speaker 1: know it was another good action. All right, thank you guys. 618 00:32:49,000 --> 00:32:50,760 Speaker 1: We got like a minute left, We got a touch 619 00:32:50,760 --> 00:32:53,120 Speaker 1: on this. Don Junior testified behind closed doors. He said 620 00:32:53,120 --> 00:32:55,080 Speaker 1: he didn't perjure himself and hope PIX is going to 621 00:32:55,200 --> 00:32:59,719 Speaker 1: testify and in June. I guess next week June, Richard, 622 00:33:00,360 --> 00:33:02,000 Speaker 1: I mean, what do you say to people who are 623 00:33:02,040 --> 00:33:05,760 Speaker 1: who have investigation fatigue? I would say for them to 624 00:33:05,760 --> 00:33:09,200 Speaker 1: read the four huntion for pemul report. In that Mulder report, 625 00:33:09,240 --> 00:33:12,400 Speaker 1: I think Robert Mueller and ubsecially in volume two outlines 626 00:33:12,480 --> 00:33:14,560 Speaker 1: seven or seven instances which we they think the President 627 00:33:14,600 --> 00:33:16,400 Speaker 1: might have obstructed justice. And I think it's important that 628 00:33:16,400 --> 00:33:19,560 Speaker 1: our members of Congress do their oversight capacity take a 629 00:33:19,560 --> 00:33:20,880 Speaker 1: look at that. And I think in the United States 630 00:33:20,960 --> 00:33:24,120 Speaker 1: Senate in particular, Um who has been the Senate Intelligence 631 00:33:24,120 --> 00:33:26,440 Speaker 1: Select Committy Intelligence, has been very good at not making 632 00:33:26,880 --> 00:33:29,520 Speaker 1: using politics at this because they're really trying to figure 633 00:33:29,520 --> 00:33:32,400 Speaker 1: out how we ensure that the Russians never engaged in 634 00:33:32,400 --> 00:33:35,960 Speaker 1: our elections again. And so every everybody Democrats public should 635 00:33:35,960 --> 00:33:39,360 Speaker 1: both cooperate with that investigation, all right, Richard Fowler appreciate 636 00:33:39,400 --> 00:33:43,240 Speaker 1: the time Democratic strategist, nationally syndicated radio show host, Fox 637 00:33:43,240 --> 00:33:46,320 Speaker 1: News contributor, what's your website? Just check me out on 638 00:33:46,480 --> 00:33:51,200 Speaker 1: check me on Instagram, foot dot com. But same is 639 00:33:51,360 --> 00:33:54,880 Speaker 1: last words yea all on Instagram hashtag Foller Nation Right, 640 00:33:55,640 --> 00:34:00,760 Speaker 1: Brendan potformer spokesman and advisor, House speaker, Paul Ryanner, Blue Engine, 641 00:34:00,800 --> 00:34:04,400 Speaker 1: Message of Media, and j d A Frontline. I'm Kevin Crelli. 642 00:34:04,760 --> 00:34:07,880 Speaker 1: You can download the sound on podcast on iTunes, Bloomberg 643 00:34:07,920 --> 00:34:10,360 Speaker 1: dot com, The Bloomberg Business Staff, Radio dot com, I 644 00:34:10,480 --> 00:34:14,439 Speaker 1: Heartened Spotify. Thanks for listening to Bloomberg one