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Speaker 1: Now from our nation's capital. This is Bloomberg sound On

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Speaker 1: around the blow There are more people on the move

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Speaker 1: from their homes than at anytime since World War Two.

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Speaker 1: The President's principle position is that we do not believe

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Speaker 1: that dictators should be invited. I Floomberg sound on Politics,

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Speaker 1: Policy and Perspective from DC's top Name. Simocrats are using

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Speaker 1: January six to avoid accountability for making the last of

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Speaker 1: the whole nation blessings. I've kept my distance from the committee,

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Speaker 1: so I'll be watching just as everyone else is. The

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Speaker 1: reality is this is a classic attack. The messenger Bloomberg

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Speaker 1: Sound On with Joe Matthew on Bloomberg Radio. President Biden

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Speaker 1: touches down in La La Land as the January six

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Speaker 1: Committee prepares for prime time. Welcome to the fastest hour

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Speaker 1: in politics, with immigration also in the air. As the

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Speaker 1: President kicks off the Summit of the America's in Los Angeles,

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Speaker 1: will explore the agenda ahead with Antonio Garza, former US

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Speaker 1: Ambassador to Mexico. The Select Committee investigating the attack on

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Speaker 1: the Capitol enters Americans living rooms at eight pm Eastern

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Speaker 1: time with new evidence, they say, new video, new details.

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Speaker 1: Bloomberg Congress reporter Billy House will join us a bit later.

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Speaker 1: We'll have analysis as well from our signature panel Bloomberg

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Speaker 1: Politics contributors Rick Davis and Jeanie Chanzano with us for

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Speaker 1: the hour. First, the markets we get things started as

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Speaker 1: always with an update and now Mr Doug Prisner jo

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Speaker 1: persistent inflation was very much top of mind for markets today.

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Speaker 1: The session began with the European Central Bank signaling a

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Speaker 1: quarter point rate hike next month. That was pretty much expected,

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Speaker 1: but then the ECB went on to signal a another hike,

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Speaker 1: potentially larger than a quarter point, possibly in the fall

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Speaker 1: as the ECB fights rising prices. Tomorrow here in the

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Speaker 1: US will get inflation on retail inflation for the month

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Speaker 1: of May. The overall consumer Price Index report consumer Price

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Speaker 1: Index I should say, is expected to rise at an

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Speaker 1: annual rate of eight point two So, not surprisingly, we

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Speaker 1: had yields across the curve today, moving up a ten

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Speaker 1: year Treasury last quoted at three point zero four percent,

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Speaker 1: and tough sledding for the equity market. We finished at

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Speaker 1: session lows, the Dow down more than one point nine percent,

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Speaker 1: the SMP week or by about two point four percent,

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Speaker 1: and the NASDAC comp week or by just about two

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Speaker 1: point eight percent. And then on top of that, the

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Speaker 1: Fed said today the US household net worth fell in

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Speaker 1: the first quarter by nearly well a little more than

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Speaker 1: a half trillion dollars. It was fueled, not surprisingly, by

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Speaker 1: a three trillion dollar decline in stock holdings. I'm Doug Prisoner,

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Speaker 1: and that is your Bloomberg business flash, Doug, thank you.

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Speaker 1: President Biden weighs in on the January six committee hearing tonight.

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Speaker 1: He made comments in Los Angeles at the start of

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Speaker 1: a meeting with Justin Trudeau, the Canadian Prime minister. Here's

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Speaker 1: what he said before it began. One of the things

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Speaker 1: can occupy my country Tonight, I suspect his first open

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Speaker 1: hearings on January the sixth, and uh, as I said

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Speaker 1: when it was occurring and subsequent, I think it was

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Speaker 1: a clear flaggerant violation and the constitution. I think these

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Speaker 1: guys and women throw up the law, try to turn

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Speaker 1: around to the result in the election, and uh, there's

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Speaker 1: a lot of questions who's responsible, who's involved. I'm not

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Speaker 1: gonna make a judgment on that, but I just want

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Speaker 1: to know that I want you know, we're gonna probably

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Speaker 1: be a lot of Americans are gonna be seen for

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Speaker 1: the first time some of the detail that that occurred.

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Speaker 1: That's what they're promising. I wanted you to hear that

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Speaker 1: right off the topic, because this just happened. This, this

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Speaker 1: is fresh sound that that is the promise by the

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Speaker 1: committee tonight. New details, new evidence, new video, including excerpts

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Speaker 1: from the one thousand interviews they've conducted. We're gonna have

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Speaker 1: a lot more on the hearing tonight later on this hour,

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Speaker 1: including a prebuttle from Donald Trump. Of course, President Byen

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Speaker 1: did not go to Los Angeles to talk about this

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Speaker 1: or necessarily go on Jimmy Kimmel as he did last night.

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Speaker 1: The vein of our existence, the Summit of the Americas

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Speaker 1: is officially underway, the President taking part, of course, and

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Speaker 1: the formality is as we're hosting this in California, smaller

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Speaker 1: guest list this time around. As we've told you, the

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Speaker 1: president of Mexico is not attending, along with the leaders

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Speaker 1: of Guatemala, Honduras, and El Salvador, which combined I just

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Speaker 1: read this on the terminal generate nearly two thirds of

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Speaker 1: the migration to the US border every year. Of course,

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Speaker 1: they're not attending, in part because the US chose not

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Speaker 1: to invite the leaders of Cuba, Venezuela, and Nicaragua, as

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Speaker 1: the White House does not consider them democracies. Press Secretary

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Speaker 1: Karine John Pierre, talking with reporters on Air Force one

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Speaker 1: on their way to California, used even more blunt terms.

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Speaker 1: As you can hear, the President's principal position is that

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Speaker 1: we do not believe that dictators should be invited. Okay.

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Speaker 1: So that's the backdrop for a three day conference designed

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Speaker 1: to tackle some very complex issues, trade and security issues,

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Speaker 1: economic issues, and helping us understand more about the dynamic

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Speaker 1: this year. Is Antonio Garza, former US Ambassador to Mexico

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Speaker 1: under the George W. Bush administration, joining us today from

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Speaker 1: the Mexico City Office of White in Case. Mr Ambassador,

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Speaker 1: Welcome to Bloomberg. It's great to have you. Is there

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Speaker 1: a chance for progress when so many people are not

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Speaker 1: there at the table? Well, I think you always have

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Speaker 1: to hope that there's an opportunity for progress, and in

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Speaker 1: some sense there is. I mean, Joe, the very fact

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Speaker 1: that you're having a summit of the America's against the

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Speaker 1: backdrop of a pandemic inflation. Uh, you know what's going

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Speaker 1: on in Ukraine, uh, and the specter of China, you know,

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Speaker 1: sort of their their increasing interest in Latin America. I

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Speaker 1: think I think it is good that there that we

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Speaker 1: continue to have the Summit of the America's. Is there

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Speaker 1: a terribly ambitious and agenda. No. I mean, if you

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Speaker 1: look back at the first summit in ninety four, the

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Speaker 1: whole focus was on this, you know, democracy spreading across

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Speaker 1: Latin America and this pump possibility of free trade of

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Speaker 1: the America's is at that ambitious No. But to the

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Speaker 1: extent that they're talking about economic recovery, Uh, some of

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Speaker 1: the health issues, I mean, the pandemic is still COVID

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Speaker 1: is still very much an issue in most of Latin America.

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Speaker 1: In fact, I heard somebody comment on, you know, eight

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Speaker 1: percent of the population in Latin America the deaths and

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Speaker 1: Haiti only two percent vaccinated. So there's some real issues

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Speaker 1: that they can be discussing. And not the least of

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Speaker 1: which I think is very important to the President Biden

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Speaker 1: is migration going into our own midterms. So there's there's

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Speaker 1: some things that they can do. It it's not it's

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Speaker 1: not you know, occasionary agenda. You sound optimistic though, which

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Speaker 1: is great. I'm going to ask you about the migration

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Speaker 1: issue in just a moment. But just based on what

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Speaker 1: we've already said, um, should we have invited the leaders

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Speaker 1: of Cuba and these other countries to give everyone a seed?

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Speaker 1: That might have encouraged everyone to show up. Well, you

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Speaker 1: know that was the position of the President of Mexico.

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Speaker 1: He said, listen, if you're gonna have somebody the America's

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Speaker 1: everyone should be there. Uh. If you look at the

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Speaker 1: the the charter of the Summit of the America's back

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Speaker 1: and I guess it was two thousand one. Uh. Then

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Speaker 1: Secretary pal urged the adoption of a democracy charter, that

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Speaker 1: this would be a bedrock, uh kind of principle of

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Speaker 1: the summits going forward. So so the fact that Cuba

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Speaker 1: has not participated much I guess once during the Obama administration,

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Speaker 1: Venezuela has been sort of hit and missed. Nicaragua under

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Speaker 1: Artega no uh almost like uh, well yeah, yeah, I do.

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Speaker 1: Because we have adopted the charter and democracy in the hemisphere,

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Speaker 1: I think is something that is important that is critical

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Speaker 1: to you know, the the the growth, the economic development

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Speaker 1: and the prosperity of the region. So yeah, I do

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Speaker 1: agree with it. Uh, but I can certainly see where

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Speaker 1: where you know, Lopez over to the aligne in the sand,

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Speaker 1: and I think he aligned himself as he has over

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Speaker 1: the years with with Cuba in many respects. So you

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Speaker 1: can say he drew a principal line or he's the

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Speaker 1: Cuban stalking horse on this issue. But you know, Mexico

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Speaker 1: has represented there, as are the I think several of

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Speaker 1: the other countries sent minister, just not their leaders of course.

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Speaker 1: So the issue of migration is looming large right now.

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Speaker 1: And you turn on Fox All you're gonna hear about

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Speaker 1: as a caravan heading for the border. If you turn

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Speaker 1: on CNN, you're gonna hear about terrible conditions. In some

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Speaker 1: cases people are living under bridges. We've got Title forty

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Speaker 1: two in the air, tied up in the court system. Ambassador,

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Speaker 1: I know you're you're from Brownsville, Texas, and we took

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Speaker 1: a look at where that is my goodness that you

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Speaker 1: know more about the border than most people here, growing

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Speaker 1: up in a town that was that was essentially straddling

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Speaker 1: the border. For for people who are listeners who don't know,

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Speaker 1: this is literally all the way down on the southern tip,

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Speaker 1: the southeastern tip of Texas on the border. I want

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Speaker 1: you to listen to what Anthony Lincoln said today, the

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Speaker 1: Secretary of STAD. He was talking with CNN about this

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Speaker 1: issue and the way that they want to tackle the

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Speaker 1: issue of migration and immigration at this summit. Here he

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Speaker 1: is everyone in the hemisphere was affected by a regular migration,

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Speaker 1: in particular migration more generally, that is, countries of origin,

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Speaker 1: transit countries, countries of destination come together to take share

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Speaker 1: of responsibility for managing this in a safe, humane, and

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Speaker 1: orally way. Again, well, first of all, do you agree

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Speaker 1: with that, knowing that again two thirds of of the

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Speaker 1: migration problem isn't fully represented at the summit. Well, well,

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Speaker 1: I I agree with I mean a statement broadly that

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Speaker 1: we had put me safe, secure and orderly migration, and

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Speaker 1: I've long urged it the only way that we were

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Speaker 1: going to see that was comprehensive immigration reform. Short of that,

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Speaker 1: you're going to be dealing with the sort of cyclical

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Speaker 1: and almost annual uh surges along the border and dealing

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Speaker 1: with them with the through executive order and this sort

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Speaker 1: of thing. So yeah, uh again, taking a step back,

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Speaker 1: uh from from some of the broader the state that

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Speaker 1: are not there. Mexico, for example, is represented by their

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Speaker 1: Minister of Foreign Fairs Marcella Abroad, who has been their

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Speaker 1: point person on migration discussions going back until the last

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Speaker 1: year administration. Uh Ondas and Guatemala are not represented, but

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Speaker 1: they have had long conversations I understand with with the

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Speaker 1: sects of Homeland Security and the Vice President's office, so

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Speaker 1: there's some discussion around it. The problem, Joe, is that

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Speaker 1: they're trying to do this through executive order and through

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Speaker 1: uh you know, these multilateral agreements as to you know,

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Speaker 1: uh movement of migrants from one country to the other,

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Speaker 1: whether they can go on, you know, continue their path north.

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Speaker 1: And the only way you're gonna really get at this,

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Speaker 1: I think is is twofold one. And people talk about,

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Speaker 1: you know, root cause in Central American economic growth, and

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Speaker 1: that's probably you know, a longer term strategy. But why

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Speaker 1: is reform of things as basic as our our amnesty

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Speaker 1: procedures and have uh uh I guess worker program that

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Speaker 1: allows some circularity of people are going to come when

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Speaker 1: they're when there's demand and can go back to their

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Speaker 1: home countries, and that embodies on both sides of the border.

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Speaker 1: Right on the interrupt ambassador. But getting back to the

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Speaker 1: message from blinking, I guess how much of it is

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Speaker 1: our responsibility to handle our own migration issue versus doing

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Speaker 1: that as as kind of a team with with the

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Speaker 1: Central American leaders well, Joe, and not only requires people

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Speaker 1: on both sides of the board, it requires both people

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Speaker 1: on both sides of the isle in the United States.

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Speaker 1: And I've never argued for immigration reform because I thought

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Speaker 1: it was good for Mexico or Central America. We needed

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Speaker 1: in the United States for our own self interest and

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Speaker 1: that's that's why you do things ultimately, and so I

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Speaker 1: think immigration reform is something that would be in the

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Speaker 1: best to the United States now cooperation from under the

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Speaker 1: countries to the extent that we can get it in

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Speaker 1: terms of enforcement and keeping people uh you know employed

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Speaker 1: in their countries. That's everything from investment to urging uh

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Speaker 1: uh them to have the sort of domestic reform that

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Speaker 1: would attract investment to those countries. I mean, Mexico uh

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Speaker 1: has done generally well, but if you look at their

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Speaker 1: their their track record of the last you know, a

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Speaker 1: they have not been particularly friendly to investment. That's not good,

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Speaker 1: you know, that doesn't allow the economy to grow and

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Speaker 1: creating an opportunity here. So yeah, there's a there. There

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Speaker 1: are things that we can do with other countries, but ultimately,

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Speaker 1: the immigration reform that we did in the United States

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Speaker 1: is something that we need to do for the United States.

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Speaker 1: I have less than a minute, Ambassador. I love talking

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Speaker 1: to worse off now in Brownsville than they were a

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Speaker 1: year ago when it comes to this issue on the border. Well,

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Speaker 1: this time a year ago, there may have been a

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Speaker 1: bit more of a spike. But but you pointed out

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Speaker 1: that I, you know, thirty some five years ago, as

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Speaker 1: I was a county executive. Central We're dealing with a

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Speaker 1: Central American crisis. This is cyclical. I've seen it every

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Speaker 1: the year for as long as I can, as I

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Speaker 1: can look back. So are they worst? They're pretty much

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Speaker 1: as expected. Sounds like he's seen it all. Come back

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Speaker 1: and see US Ambassador Antonio Garza, the former US Ambassador

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Speaker 1: to Mexico, getting us rolling on the fastest hour in politics.

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Speaker 1: This is Bloomberg. You're listening to Bloomberg. You sound on

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Speaker 1: with Joe Matthew on Bloomberg Radio and we assemble the

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Speaker 1: sound on panel as the formal meetings of the Summit

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Speaker 1: of the Ammerica's begin on the West Coast. Looks like

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Speaker 1: it's actually been a pretty fun trip so far for

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Speaker 1: the White House Press Corps, the traveling pool. As I'm

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Speaker 1: seeing on social media, Genie Chanzano and Rick Davis are

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Speaker 1: with us Bloomberg Politics contributors, and it's great to have

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Speaker 1: both of you here. This is something we haven't talked

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Speaker 1: a lot about the snubs. This is getting a lot

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Speaker 1: of a lot of ink. As we used to say,

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Speaker 1: Rick Davis, should this White House have invited the leaders

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Speaker 1: of Cuba, Venezuela, etcetera? Or are they on the right

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Speaker 1: side of history? You know, I have my own personal

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Speaker 1: attachment to to this issue. In two thousand fifteen, I

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Speaker 1: attended the Summit of America's in Panama where the President

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Speaker 1: of Cuba, Ral Castro, met with Barack Obama. And and

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Speaker 1: that was a full attendance. Everybody came, presidents of thirty

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Speaker 1: five countries in Latin America. And when you look at

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Speaker 1: what has happened since then, our policy towards Cuba, our

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Speaker 1: policy towards Venezuela, our relations in Mexico. I mean, you

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Speaker 1: can argue that it's all gotten worse. And the fact

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Speaker 1: that the three Northern Triangle states, Guatemala, Honduras, and El

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Speaker 1: Salvador only sent their foreign ministers. This is where the

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Speaker 1: majority of the immigration comes from illegal immigration in the

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Speaker 1: United States. How do we expect to have a migration

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Speaker 1: discussion if the leaders aren't even in the room. Uh,

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Speaker 1: sixty six percent of the migration, as I read on

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Speaker 1: the terminal genie to the United States Southern or each

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Speaker 1: year comes from Mexico, Guatemala, Hondura, Sell Salvador, none of

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Speaker 1: which we'll have a leader at the table now to

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Speaker 1: UH Ambassador Garza's point earlier, and he was speaking fairly optimistically. Uh,

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Speaker 1: but positively, I should say, some of the white people

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Speaker 1: are still at the table representing those nations. But you know,

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Speaker 1: if you're going to be signing this major declaration without

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Speaker 1: all those signatures on it, does it does it still matter?

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Speaker 1: You know, it's very tough to do. I mean people

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Speaker 1: have been asking the question that Rick just asking you

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Speaker 1: just asked, you know, how can you possibly tackle immigration

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Speaker 1: which is at you know, by some accounts of four

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Speaker 1: decade high at this point, and the caravan is coming, Um,

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Speaker 1: how can you tackle that? If those Central American leaders

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Speaker 1: are not at the table, that's a big, big problem

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Speaker 1: for the White House. And you know, I have to say, also,

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Speaker 1: though the ambassador raised a really good point about Cuba.

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Speaker 1: The back and forth between Senator Bob Menendez and the

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Speaker 1: President of Mexico, I think has been really astonishing today.

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Speaker 1: To have a leader of a foreign country call out

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Speaker 1: a senator like that, and also including Ted Cruz and

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Speaker 1: Marco Rubio for the U S policies towards Cuba, that

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Speaker 1: is pretty astonishing stuff. So, you know, I think the

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Speaker 1: the White House and Congress has some work to do

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Speaker 1: as it pertains to our you know, to our relationships

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Speaker 1: both with Mexico and with Cuba, and of course dealing

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Speaker 1: with this really serious issue of immigration in this country.

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Speaker 1: So I know, what's what's your thought? Then? Did they

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Speaker 1: do the wrong thing? Um? You know, I think they

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Speaker 1: could have. You know, I'm not sure what they could

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Speaker 1: have done to possibly convince him to come short of

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Speaker 1: inviting those people. And the problem for the White House,

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Speaker 1: the whole family knowing everybody's gonna come, or if you

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Speaker 1: start whittling down the invite list, nobody's gonna come. Well,

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Speaker 1: that's right. And you know, the White House also got

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Speaker 1: themselves into this question about hypocrisy as it pertains to

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Speaker 1: Saudi Arabia. And you know what Lopez open Door said

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Speaker 1: is this is an old interventionist policy and it shows

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Speaker 1: a lack of respect for nations and their people. So

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Speaker 1: you have that, But the ambassador is right, this was

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Speaker 1: a summit that was designed about democracy and that's something

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Speaker 1: President Biden cares an awful lot about. So, you know,

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Speaker 1: I think he's gotten himself into a difficult situation. I

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Speaker 1: don't know if there was a really good way out,

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Speaker 1: but he did stick with what he promised, which was

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Speaker 1: he wasn't going to allow dictators to attend, and he's

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Speaker 1: going to pay the price for that. Well, I guess

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Speaker 1: that's true. At least he talked to Jimmy Kimmel while

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Speaker 1: he was out there. Rick Um. This of course, comes

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Speaker 1: just a couple of weeks after a federal court blocked

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Speaker 1: the planned and the plan termination of Title forty two.

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Speaker 1: Remember what a big deal that was. At the time,

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Speaker 1: the Homeland Security Secretary was up on Capitol Hill testifying

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Speaker 1: to towards the six point plan they had to go

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Speaker 1: into effect to replace it. Is this administration better prepared

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Speaker 1: now than it was then to deal with what's happening

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Speaker 1: at the border. You know, It's it's hard to tell

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Speaker 1: because I don't think anybody in this administration, certainly in

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Speaker 1: the run up to this summit, has articulated what the

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Speaker 1: plan is for dealing with the border cry sis. And

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Speaker 1: and I just can't help but thinking today's reporting on

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Speaker 1: this summit, that we take a step back and say,

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Speaker 1: where's the Biden Administration's comprehensive immigration plan? Uh? Why isn't

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Speaker 1: there bill in Congress this week? This is what you

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Speaker 1: do in the advance of a where's the media thing?

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Speaker 1: All the Cabinet secretary is talking about this, pushing it

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Speaker 1: on cable news right exactly. And you know, I just

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Speaker 1: can't help but think, you know, a little burden the

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Speaker 1: back of my mind is didn't didn't the Vice President

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Speaker 1: get the remit to run Latin America for this administration?

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Speaker 1: I mean, what's her role at all this? I mean

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Speaker 1: they arguably this is a um secondary team of people

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Speaker 1: down there doing this work for the administration. And and

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Speaker 1: and we're missing a bunch of the key players, uh,

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Speaker 1: you know, on on the issues of immigration. I mean, like, what,

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Speaker 1: what's the success going to be spelled? Like, there's there's

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Speaker 1: no expectation that I can say that I've read that

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Speaker 1: this administration said success is spelled this way. Jennie should

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Speaker 1: Kamala Harris be playing a more visible role this week.

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Speaker 1: You've got three d as here in her old state

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Speaker 1: of California. Yeah, and she's got the worst job, having

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Speaker 1: been handed over to deal with immigration. Um, and you know,

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Speaker 1: I think she's probably trying not to do too much

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Speaker 1: at that's point, excuse me, because it's been such a

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Speaker 1: tough issue for her to have to handle. On the

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Speaker 1: other person we have to talk about is Majorcis the

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Speaker 1: Secretary of Homeland Security. Where has he been on this issue?

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Speaker 1: There's been a lot of questions raised there, and I

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Speaker 1: agree with Rick. Nothing came out about a policy in

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Speaker 1: Congress in terms of immigration from the White House. Jenny

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Speaker 1: Schanzano and Rick Davis, who's been there at the Summit

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Speaker 1: of the America's with exclusive analysis here on Bloomberg Sound On.

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Speaker 1: They're back a little bit later on. We're gonna get

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Speaker 1: things set up for the big hearing tonight January six,

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Speaker 1: we'll check in with Bloomberg News on Capitol Hill and

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Speaker 1: reassemble the panel. I'm Joe Matthew. This is Bloomberg. The

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Speaker 1: headline on the terminal January six panel promises surprises in

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Speaker 1: nationally televised hearing. Nothing like raised expectations, but I guess

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Speaker 1: that's what prime time is all about. Bloomberg. Congressional reporter

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Speaker 1: Billy House up next to talk to us about what

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Speaker 1: we can expect tonight. Then we'll bring back the panel

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Speaker 1: for more big wind up today in Washington ahead of

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Speaker 1: the hearings hearing tonight the of course January six committee.

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Speaker 1: Every network's taking this but one of course, Fox is

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Speaker 1: not running this, but it's gonna be in a lot

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Speaker 1: of living rooms, and uh so everyone's talking about it

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Speaker 1: in advance. Democrats are trying to not give away too

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Speaker 1: much but draw people towards this. Republicans are trying to

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Speaker 1: hose it down as a partisan exercise and unconstitutional one

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Speaker 1: at that. Uh starting with Speaker Nancy Pelosi, just get

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Speaker 1: a sense of how everyone's framing this on the January

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Speaker 1: six hearing tonight. I've kept my distance from the committee,

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Speaker 1: so I'll be watching just as everyone else is, UH

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Speaker 1: to see the presentation the narrative of what happened as

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Speaker 1: an assault on our democracy, on our constitution, in our capital,

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Speaker 1: on our Congress in a very violent way. We've played

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Speaker 1: for you comments from Kevin McCarthy from at least defonic,

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Speaker 1: calling this an unconstitutional and illegitimate exercise, and we don't

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Speaker 1: need to relitigate this whole thing. Of course, there are

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Speaker 1: only two Republicans on the panel, not selected by Kevin McCarthy,

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Speaker 1: and you're gonna be seeing, uh, Liz Cheney, of course

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Speaker 1: one of them. They'll all be there tonight, but Liz

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Speaker 1: Cheney is gonna be holding forth with opening remarks. Following

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Speaker 1: the chair Bennie Thompson McCarthy today was asked, Kevin McCarthy,

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Speaker 1: the minority leader in the House, Uh, in this this

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Speaker 1: exchange that you know this was made to go viral?

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Speaker 1: I guess. But Jonathan Carl, the ABC News reporter, wanted

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Speaker 1: to get him on tape, saying that Joe Biden won

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Speaker 1: the election and Donald Trump was wrong about how it

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Speaker 1: turned out. This. Of course, maybe you could predict what

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Speaker 1: was gonna happen. Give it a listen, you believe that

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Speaker 1: Joe Biden was the legitimate victor of election. And do

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Speaker 1: you believe that Lald Trump is just flat wrong when

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Speaker 1: he says the election was stolen. Look, we've answered this

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Speaker 1: question a long time. Joe Biden is the president. I

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Speaker 1: think you can look that there's a lot of problems

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Speaker 1: still with an election process. They just arrested a former

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Speaker 1: Democratic congressman just the other was it yesterday in Pennsylvania

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Speaker 1: and Philadelphia? Um? And as we find a lot more

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Speaker 1: information out there, we want to make sure more people

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Speaker 1: have the ability to vote and that it's a secure

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Speaker 1: and with the election, where we go, Yes, ma'am, Yeah,

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Speaker 1: your question, Your question was was Donald Trump wrong when

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Speaker 1: he says the election? You know, Jonathan and we talked

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Speaker 1: about this a long time. I've already answered that question.

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Speaker 1: Thank you, Thank you well now, thank you, Vick, thank

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Speaker 1: you very much. Thank you, Jonathan. I've answered it numerous times.

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Speaker 1: I know you have a microphone, I know what you

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Speaker 1: want to do. I've already answered the questions with any

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Speaker 1: time than thank you for your time, go right ahead.

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Speaker 1: Would not say it. And by the way, you know

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Speaker 1: who else was arrested, Ryan Kelly here about this today?

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Speaker 1: A candidate for governor in Michigan arrested, charged with four

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Speaker 1: misdemeanors related to the attack on the capitol, the FBI says,

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Speaker 1: and they've shown video evidence of him there. He's been

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Speaker 1: charged with going into the building and vandalizing it, not

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Speaker 1: leaving when asked, knowingly entering and engaging in disorderly conduct,

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Speaker 1: and restricted buildings on grounds. That's a lot of trouble.

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Speaker 1: So Kevin McCarthy, of course, did not testify, he was subpoenaed.

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Speaker 1: I'm not even gonna go through this exercise. I was

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Speaker 1: going to play the couple. What's the point Billy House

429
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Speaker 1: is here? I know what Billy's doing tonight. I'm sure

430
00:23:40,480 --> 00:23:43,919
Speaker 1: you're not home popping corn, Billy. But there is a

431
00:23:44,040 --> 00:23:46,960
Speaker 1: dramatic side to this because there's a lot of stuff

432
00:23:47,000 --> 00:23:48,639
Speaker 1: we don't know that's going to come out. Has the

433
00:23:48,680 --> 00:23:52,639
Speaker 1: committee raised expectations to a dangerous level? I think they have.

434
00:23:52,880 --> 00:23:57,560
Speaker 1: I mean when networks basically clear clear their schedules in

435
00:23:57,600 --> 00:24:02,080
Speaker 1: prime time. Uh, of course, you know the opposition. Some

436
00:24:02,119 --> 00:24:05,440
Speaker 1: of the competition is a hockey game. But um, the

437
00:24:05,600 --> 00:24:09,320
Speaker 1: the committee has really got to I think grab this

438
00:24:09,520 --> 00:24:14,359
Speaker 1: national audience what it will be. UM, right, away, um,

439
00:24:14,440 --> 00:24:17,080
Speaker 1: and so I think what you probably won't see is

440
00:24:17,119 --> 00:24:20,840
Speaker 1: the average uh, you know, congressional hearing with somebody gabbling

441
00:24:20,840 --> 00:24:24,000
Speaker 1: down and reading ending uh some of Now, I think

442
00:24:24,000 --> 00:24:25,560
Speaker 1: they got to start right from the beginning with some

443
00:24:25,640 --> 00:24:29,399
Speaker 1: dramatic footage. We've all seen dramatic footage of the attack

444
00:24:29,440 --> 00:24:31,080
Speaker 1: on the Capitol, so this is going to have to

445
00:24:31,080 --> 00:24:34,760
Speaker 1: be somewhat different dramatic footage. And then I think they

446
00:24:34,800 --> 00:24:37,159
Speaker 1: got to to put up or shut up when they

447
00:24:37,200 --> 00:24:41,040
Speaker 1: say they've got material that and the documents and information

448
00:24:41,080 --> 00:24:43,600
Speaker 1: and testimony that nobody else has ever seen. Well, there

449
00:24:43,640 --> 00:24:46,399
Speaker 1: we go, and now you're hearing, uh, someone who covers

450
00:24:46,440 --> 00:24:49,679
Speaker 1: Congress every day, somebody who walks the halls, talks to

451
00:24:49,720 --> 00:24:53,320
Speaker 1: the staffers of the lawmakers and and and the staff

452
00:24:53,359 --> 00:24:57,359
Speaker 1: of the leadership here involved in this committee. Billy, that

453
00:24:57,560 --> 00:25:00,280
Speaker 1: they've they've kept things pretty quiet about tonight. I'm sure

454
00:25:00,280 --> 00:25:03,720
Speaker 1: you've been asking, but they're obviously looking for some dramatic

455
00:25:03,760 --> 00:25:07,840
Speaker 1: impact with what they can call new information, and they

456
00:25:08,000 --> 00:25:10,719
Speaker 1: they're acting like they got it. What we do know

457
00:25:11,119 --> 00:25:15,520
Speaker 1: it could be dramatic are snippets of taped testimony from

458
00:25:15,560 --> 00:25:19,399
Speaker 1: Trump family members and Trump White House officials. But We

459
00:25:19,480 --> 00:25:22,560
Speaker 1: don't know exactly how edited those are or what those

460
00:25:22,600 --> 00:25:26,760
Speaker 1: snippets will say, but that's certainly something everybody's eager to

461
00:25:26,800 --> 00:25:31,199
Speaker 1: hear or see. The Republican leadership has been making a

462
00:25:31,240 --> 00:25:34,680
Speaker 1: pretty big deal about whenever we hear at least dephonic war. Today,

463
00:25:34,760 --> 00:25:37,520
Speaker 1: Kevin McCarthy talk about this, Uh. They refer to this

464
00:25:37,560 --> 00:25:41,280
Speaker 1: ABC former ABC News president who was hired uh and

465
00:25:41,280 --> 00:25:46,680
Speaker 1: and was accused of quashing the Jeffrey Epstein story. They're

466
00:25:46,720 --> 00:25:49,440
Speaker 1: really trying to knock this down as a thing of entertainment.

467
00:25:50,119 --> 00:25:52,800
Speaker 1: But are we gonna be watching essentially a movie tonight?

468
00:25:54,080 --> 00:25:56,440
Speaker 1: I think you will see something very scripted. But look,

469
00:25:56,480 --> 00:25:58,119
Speaker 1: I mean, you really got to walk a long way

470
00:25:58,160 --> 00:26:00,760
Speaker 1: to get to Jeffrey Epstein, and there is a long walk,

471
00:26:01,480 --> 00:26:03,359
Speaker 1: but it is a long walk. But but I think,

472
00:26:03,560 --> 00:26:07,320
Speaker 1: I mean, let let's face it, Uh, you interview one

473
00:26:07,359 --> 00:26:11,640
Speaker 1: thousand people, you have ten thousand or ten thousand documents,

474
00:26:11,640 --> 00:26:14,200
Speaker 1: You got all this stuff. I mean, why wouldn't anybody

475
00:26:14,280 --> 00:26:17,240
Speaker 1: hire somebody that knows how to distill all of this

476
00:26:17,400 --> 00:26:20,800
Speaker 1: so it's digestible or watchable. Well that's the thing, Billy. Yet,

477
00:26:20,840 --> 00:26:23,119
Speaker 1: you know I'm thinking about not not not weirdos like

478
00:26:23,200 --> 00:26:24,520
Speaker 1: us who have been you know, have this on the

479
00:26:24,560 --> 00:26:27,120
Speaker 1: calendar for for months or however long it's been scheduled.

480
00:26:27,840 --> 00:26:30,040
Speaker 1: But what about the you know, the old couple. They

481
00:26:30,080 --> 00:26:31,760
Speaker 1: go in the living room there, they're gonna watch their

482
00:26:31,800 --> 00:26:33,800
Speaker 1: Law and Order at eight o'clock tonight and they turned

483
00:26:33,800 --> 00:26:35,719
Speaker 1: the TV on. Well, what the hell is this? This

484
00:26:35,800 --> 00:26:37,840
Speaker 1: is to your point, if you do a c span

485
00:26:38,040 --> 00:26:40,600
Speaker 1: kind of hearing there, they're just gonna move along. How

486
00:26:40,600 --> 00:26:44,920
Speaker 1: do you grab people unsuspecting viewers in their homes. It's

487
00:26:44,920 --> 00:26:47,680
Speaker 1: gonna be hard. I think with his first hearing, there's

488
00:26:48,280 --> 00:26:49,879
Speaker 1: if you do it right, you can do that. I

489
00:26:49,880 --> 00:26:52,600
Speaker 1: think the real, the real tough road to home will

490
00:26:52,600 --> 00:26:55,440
Speaker 1: be these ten am hearings Monday and then Wednesday and

491
00:26:55,840 --> 00:26:57,560
Speaker 1: some after that, because keep in mind, they expect to

492
00:26:57,600 --> 00:27:00,840
Speaker 1: do this over as many as six hearings, and if

493
00:27:00,880 --> 00:27:04,320
Speaker 1: you can't hold your audience tonight for two hours, hearing

494
00:27:04,359 --> 00:27:06,440
Speaker 1: four or five are gonna be really rough. I guess

495
00:27:06,480 --> 00:27:09,680
Speaker 1: that says a lot from Billy House. Great work. Find

496
00:27:09,680 --> 00:27:11,719
Speaker 1: Billy's story. By the way, that I mentioned the headline

497
00:27:11,800 --> 00:27:15,720
Speaker 1: Jan six panel promising surprises and nationally televised hearing. Everything

498
00:27:15,760 --> 00:27:17,679
Speaker 1: you need to know about tonight. It's a great right

499
00:27:17,720 --> 00:27:21,720
Speaker 1: through on the terminal, and I bet you Billy is

500
00:27:21,760 --> 00:27:24,240
Speaker 1: going to be very busy starting around eight o'clock. Well,

501
00:27:24,240 --> 00:27:26,879
Speaker 1: of course, have full coverage here on Bloomberg and we

502
00:27:26,920 --> 00:27:30,240
Speaker 1: reassemble the panel next for more on this from Rick

503
00:27:30,320 --> 00:27:32,399
Speaker 1: and Jeannie. We've only got a couple of hours to go,

504
00:27:32,600 --> 00:27:35,359
Speaker 1: so our final thoughts here about what we're about to

505
00:27:35,400 --> 00:27:40,640
Speaker 1: witness tonight in prime time. This is Bloomberg. You're listening

506
00:27:40,720 --> 00:27:45,439
Speaker 1: to Bloomberg. You sound on with Joe Matthew on Bloomberg Radio.

507
00:27:48,000 --> 00:27:50,920
Speaker 1: Stay with Bloomberg for full coverage of the January six

508
00:27:50,920 --> 00:27:54,720
Speaker 1: Committee hearing tonight. Just keep it right here on Bloomberg Radio.

509
00:27:54,840 --> 00:27:57,840
Speaker 1: Rick and Genie are in for the duration. By the way,

510
00:27:58,800 --> 00:28:01,639
Speaker 1: I'm gonna get some sleep for surveillance tomorrow morning, but

511
00:28:01,680 --> 00:28:04,720
Speaker 1: you know I'm watching this thing as well, with full

512
00:28:04,720 --> 00:28:07,399
Speaker 1: coverage here on Bloomberg Radio. As you would expect. An

513
00:28:07,400 --> 00:28:10,800
Speaker 1: historic moment here, Rick Davis, Jeannie Chanzano with us right

514
00:28:10,880 --> 00:28:16,480
Speaker 1: now as we prepare for what's about to happen tonight. Gennie,

515
00:28:16,560 --> 00:28:19,680
Speaker 1: what's your thought on the presentation the show business part

516
00:28:19,680 --> 00:28:21,679
Speaker 1: of this? And I don't mean to to turn it

517
00:28:21,720 --> 00:28:24,640
Speaker 1: into just that. But this is a TV show as well,

518
00:28:25,160 --> 00:28:27,120
Speaker 1: a lot of people don't know they're about to see

519
00:28:27,119 --> 00:28:29,120
Speaker 1: this at eight o'clock. Some people are going to be

520
00:28:29,520 --> 00:28:32,440
Speaker 1: sitting down with this in mind and want to listen closely.

521
00:28:32,480 --> 00:28:35,800
Speaker 1: But look, you work in broadcasting. You know how difficult

522
00:28:35,840 --> 00:28:37,520
Speaker 1: it is to get people's attention. How do they do

523
00:28:37,600 --> 00:28:41,320
Speaker 1: this in a long form and keep people's eyes on it?

524
00:28:41,320 --> 00:28:43,480
Speaker 1: It's going to be very difficult. You not only have

525
00:28:43,560 --> 00:28:46,760
Speaker 1: to capture people's attention, but you you've got to hold

526
00:28:46,800 --> 00:28:50,160
Speaker 1: it and you've got to live up to the promises.

527
00:28:50,440 --> 00:28:52,480
Speaker 1: And what you and Billy were just talking about is

528
00:28:52,520 --> 00:28:56,600
Speaker 1: absolutely right. They have, you know, promised a bombshell essentially,

529
00:28:57,120 --> 00:28:59,280
Speaker 1: and the question is can they live up to it?

530
00:28:59,480 --> 00:29:01,240
Speaker 1: So you know, I think we're going to see a

531
00:29:01,280 --> 00:29:03,320
Speaker 1: lot of video here, a lot of sound, a lot

532
00:29:03,360 --> 00:29:07,479
Speaker 1: of audio pictures, live testimony, we understand, but you know,

533
00:29:07,720 --> 00:29:11,120
Speaker 1: they have one shot at this essentially. You know, absolutely

534
00:29:11,160 --> 00:29:13,120
Speaker 1: there's going to be more days of testimony. But if

535
00:29:13,160 --> 00:29:15,320
Speaker 1: they can't hit it out of the ballpark tonight and

536
00:29:15,360 --> 00:29:17,960
Speaker 1: get people to focus on it, it's gonna be hard

537
00:29:18,000 --> 00:29:21,280
Speaker 1: to get any size audience going forward. So it's a

538
00:29:21,320 --> 00:29:23,800
Speaker 1: real challenge. The only thing I can imagine that's going

539
00:29:23,840 --> 00:29:26,360
Speaker 1: to be a bombshell of the you know scope that

540
00:29:26,400 --> 00:29:29,800
Speaker 1: they're talking about, is if they can connect to the

541
00:29:29,800 --> 00:29:33,719
Speaker 1: White House and the former president, to the violence at

542
00:29:33,720 --> 00:29:37,719
Speaker 1: the Capitol that day and show that the seditious conspiracy

543
00:29:37,760 --> 00:29:41,600
Speaker 1: that the Proud Boys are accused of was politically directed

544
00:29:41,600 --> 00:29:44,440
Speaker 1: by the White House. Short of that, I think it's very,

545
00:29:44,560 --> 00:29:47,280
Speaker 1: very tough to meet sort of the hype that has

546
00:29:47,320 --> 00:29:50,760
Speaker 1: preceded this. What do you make of the hype machine here? Rick?

547
00:29:50,840 --> 00:29:54,400
Speaker 1: I know you need people uh to get in the

548
00:29:54,520 --> 00:29:57,080
Speaker 1: room and sit down and turn on the TV or

549
00:29:57,120 --> 00:29:59,760
Speaker 1: look at your phone at a certain time, but uh,

550
00:29:59,760 --> 00:30:03,880
Speaker 1: you don't want to do another Benghazi hearing, right, Yeah,

551
00:30:03,960 --> 00:30:05,680
Speaker 1: I mean I think be Ghazi is exactly what you

552
00:30:05,720 --> 00:30:07,920
Speaker 1: want to avoid. But you're right. I mean, you have

553
00:30:08,000 --> 00:30:11,000
Speaker 1: to have enough excitement around it that people actually want

554
00:30:11,040 --> 00:30:13,800
Speaker 1: to tune into this and not something else. Uh. And

555
00:30:14,080 --> 00:30:16,320
Speaker 1: to me, it's kind of like a presidential debate, right,

556
00:30:16,360 --> 00:30:19,120
Speaker 1: It's nobody's gonna watch the thing all the way through,

557
00:30:19,240 --> 00:30:22,200
Speaker 1: so you gotta grab them up front. And I think

558
00:30:22,240 --> 00:30:24,840
Speaker 1: that that is on the backs of Benny Thompson, the

559
00:30:25,600 --> 00:30:28,720
Speaker 1: chairman and Liz Chenney, the Republican co chairman. It's they're

560
00:30:28,720 --> 00:30:32,320
Speaker 1: going to give opening statements, and those have to be compelling.

561
00:30:32,440 --> 00:30:35,880
Speaker 1: Those have to be really um um, you know, sort

562
00:30:35,920 --> 00:30:38,920
Speaker 1: of draw in exactly what this committee is trying to

563
00:30:38,920 --> 00:30:41,880
Speaker 1: accomp what's an otherwise boring forum. Rick, that's right, and

564
00:30:41,920 --> 00:30:44,280
Speaker 1: but but they're the first act, and then the second

565
00:30:44,320 --> 00:30:46,280
Speaker 1: act is going to be the video in the in

566
00:30:46,400 --> 00:30:49,560
Speaker 1: the in the scenery, we've forgotten what it looks like. Uh,

567
00:30:49,640 --> 00:30:51,600
Speaker 1: to see that attack, it was gut wrenching at the

568
00:30:51,640 --> 00:30:54,600
Speaker 1: time people were following it in real time. To see

569
00:30:54,600 --> 00:30:57,440
Speaker 1: that again in a more refined package and new things

570
00:30:57,440 --> 00:30:59,840
Speaker 1: that you haven't seen before, I think could be revetive.

571
00:30:59,920 --> 00:31:02,280
Speaker 1: So if you get in there, you know, first fifteen

572
00:31:02,320 --> 00:31:04,720
Speaker 1: twenty minutes, and that's the next thing you see, then

573
00:31:04,840 --> 00:31:06,560
Speaker 1: then you're likely to stick around and see what else

574
00:31:06,560 --> 00:31:08,840
Speaker 1: they've got. But they've got to throw this stuff up

575
00:31:08,880 --> 00:31:12,640
Speaker 1: there like it was a television show, or, as I said,

576
00:31:12,800 --> 00:31:16,760
Speaker 1: a presidential debate, so that so that anybody tuning in

577
00:31:16,800 --> 00:31:18,800
Speaker 1: at any given time is going to get something out

578
00:31:18,800 --> 00:31:22,080
Speaker 1: of it. And then they got to orchestrate the press afterwards.

579
00:31:22,360 --> 00:31:24,240
Speaker 1: I'll be honest with you, I think the Republicans have

580
00:31:24,320 --> 00:31:27,680
Speaker 1: had day one and two to orchestrate this thing, and

581
00:31:27,720 --> 00:31:30,440
Speaker 1: they've been attacking it, and they've been very little pushback

582
00:31:30,560 --> 00:31:33,040
Speaker 1: other than the President saying things like, oh, it'll be interesting,

583
00:31:33,080 --> 00:31:35,520
Speaker 1: you'll see something new. Uh. And so I want to

584
00:31:35,560 --> 00:31:38,160
Speaker 1: see Democrats lined up on morning TV or expect them

585
00:31:38,160 --> 00:31:41,160
Speaker 1: to be tomorrow. They better be because the reality is

586
00:31:41,320 --> 00:31:44,720
Speaker 1: that this is going to be defined in day two

587
00:31:44,720 --> 00:31:48,160
Speaker 1: and three after the fact, not not tonight. And in

588
00:31:48,200 --> 00:31:50,960
Speaker 1: that time they'll rick law Republican lawmakers. In many cases,

589
00:31:50,960 --> 00:31:53,800
Speaker 1: a lot of House lawmakers are leaving town again. We

590
00:31:53,880 --> 00:31:57,200
Speaker 1: heard the prebuttles today and I'll mention what Donald Trump

591
00:31:57,240 --> 00:31:59,120
Speaker 1: had to say in a minute. But Kevin McCarthy held

592
00:31:59,120 --> 00:32:01,920
Speaker 1: the full set with with other Republican leaders in the

593
00:32:01,960 --> 00:32:04,880
Speaker 1: House in the briefing room in the Visitors Center in

594
00:32:04,880 --> 00:32:07,200
Speaker 1: the US Capital. This was largely what they talked about.

595
00:32:07,200 --> 00:32:09,360
Speaker 1: They did a little bit of of a gun reform,

596
00:32:09,440 --> 00:32:12,040
Speaker 1: but it was basically a January six conversation. And he

597
00:32:12,080 --> 00:32:15,560
Speaker 1: was asked specifically why he didn't just go ahead. I

598
00:32:15,600 --> 00:32:17,320
Speaker 1: think the question is on here, we can let it roll.

599
00:32:17,360 --> 00:32:20,240
Speaker 1: Why why not just testify here? He is? So the

600
00:32:20,280 --> 00:32:22,880
Speaker 1: committee asked if I would come talk to them, So

601
00:32:22,920 --> 00:32:24,400
Speaker 1: I sent him a letter to ask what they want

602
00:32:24,440 --> 00:32:28,520
Speaker 1: to talk about. They never responded. What they said publicly

603
00:32:28,520 --> 00:32:30,440
Speaker 1: went out there. They said they wanted to talk about

604
00:32:30,440 --> 00:32:34,320
Speaker 1: my conversation with president on January six. So on January six,

605
00:32:34,360 --> 00:32:36,720
Speaker 1: when I had that conversation with the President, I then

606
00:32:36,760 --> 00:32:38,960
Speaker 1: went on three networks, one with I think I was

607
00:32:39,000 --> 00:32:42,080
Speaker 1: even with you, Jonathan. I had a longer discussion with

608
00:32:42,160 --> 00:32:45,120
Speaker 1: the American public than my conversation with the President, So

609
00:32:45,320 --> 00:32:48,880
Speaker 1: there was nothing to be added to go about. And

610
00:32:48,920 --> 00:32:52,880
Speaker 1: then the argument of whether you could subpoena members themselves,

611
00:32:53,240 --> 00:32:56,400
Speaker 1: it purely looks to me like it's political a couple

612
00:32:56,400 --> 00:32:59,880
Speaker 1: of different things. They're a genie for starters though, I mean,

613
00:33:00,040 --> 00:33:01,760
Speaker 1: lot you do a network TV interview. Is that the

614
00:33:01,760 --> 00:33:05,200
Speaker 1: same as testifying under oath before this committee? Yeah? Yeah,

615
00:33:05,240 --> 00:33:07,080
Speaker 1: that that's what Kevin McCarthy has been saying. And of

616
00:33:07,160 --> 00:33:09,640
Speaker 1: course we've all heard and listened to the change you

617
00:33:09,680 --> 00:33:12,440
Speaker 1: know that occurred from January six. What McCarthy was saying

618
00:33:12,480 --> 00:33:15,239
Speaker 1: to you know what he says now, Um, but I

619
00:33:15,280 --> 00:33:19,240
Speaker 1: think you know the reality is the counter programming by McCarthy,

620
00:33:19,280 --> 00:33:21,920
Speaker 1: by least staphonic, by the Republicans is going to go

621
00:33:22,000 --> 00:33:24,520
Speaker 1: on throughout this. Rick is right. Democrats have got to

622
00:33:24,560 --> 00:33:27,040
Speaker 1: be on top of the committee. Quite frankly is you know,

623
00:33:27,120 --> 00:33:29,000
Speaker 1: not just Democrats, but the committee has got to be

624
00:33:29,000 --> 00:33:30,920
Speaker 1: on top of that. But I think one thing to

625
00:33:31,000 --> 00:33:33,240
Speaker 1: underscore here is what we're hearing from AIDS to the

626
00:33:33,280 --> 00:33:36,080
Speaker 1: committee is the other part of this is this is

627
00:33:36,120 --> 00:33:38,640
Speaker 1: not just for history's sake. They're talking about this as

628
00:33:38,680 --> 00:33:41,400
Speaker 1: an ongoing threat to democracy. In other words, they're saying

629
00:33:41,440 --> 00:33:44,120
Speaker 1: this thing is not over. It wasn't just one incidence

630
00:33:44,160 --> 00:33:46,520
Speaker 1: of violence at the Capitol, as bad as that was,

631
00:33:46,880 --> 00:33:50,640
Speaker 1: but that this is continuing. And I think that's something

632
00:33:50,680 --> 00:33:52,520
Speaker 1: that I'm going to be looking to see. Do they

633
00:33:52,600 --> 00:33:55,440
Speaker 1: make the case that this is not over, that the

634
00:33:55,560 --> 00:33:59,120
Speaker 1: United States democracy is still under threat? And you listen

635
00:33:59,160 --> 00:34:01,320
Speaker 1: to what the Proud boy are doing now and the

636
00:34:01,400 --> 00:34:04,000
Speaker 1: reality is that if you believe what you're hearing from

637
00:34:04,040 --> 00:34:06,680
Speaker 1: the Justice Department, that's very much the case. You heard

638
00:34:06,680 --> 00:34:11,200
Speaker 1: Billy House mentioned a thousand interviews. That's a thousand interviews.

639
00:34:11,200 --> 00:34:13,640
Speaker 1: We're gonna see some of them or snippets of some

640
00:34:13,760 --> 00:34:17,480
Speaker 1: of them with Jared and Ivanka Trump were told, um,

641
00:34:18,360 --> 00:34:21,760
Speaker 1: we'll see about that but Rick, we learned today House

642
00:34:21,800 --> 00:34:26,040
Speaker 1: Republicans are going to release their own report on what

643
00:34:26,200 --> 00:34:29,759
Speaker 1: happened January six. Uh. They say they're going to be

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00:34:29,760 --> 00:34:33,799
Speaker 1: focusing on inadequacies in security preparations. They've even talked about

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00:34:33,840 --> 00:34:38,279
Speaker 1: potentially subpoena NG Speaker Nancy Pelosi to talk about what

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00:34:38,360 --> 00:34:41,040
Speaker 1: they describe as a lack of you know, preparation and

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00:34:41,200 --> 00:34:44,239
Speaker 1: and and security that should have been addressed before this

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00:34:44,360 --> 00:34:47,759
Speaker 1: ever happened. Is Kevin McCarthy gonna return to subpoena with

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00:34:47,800 --> 00:34:51,239
Speaker 1: a subpoena? You know he could, But it's just grandstanding.

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00:34:51,320 --> 00:34:53,799
Speaker 1: I mean, is that a new thing? Now? We're going

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00:34:53,840 --> 00:34:55,480
Speaker 1: to do that now all the time. Oh, I think

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00:34:55,480 --> 00:34:58,200
Speaker 1: it's it's very much And it's not so new. I mean,

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00:34:58,239 --> 00:35:01,360
Speaker 1: when Republicans are in charge, they they investigate the Democrats.

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00:35:01,360 --> 00:35:03,839
Speaker 1: From the Democrats are in charge, they investigate the Republicans.

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00:35:04,000 --> 00:35:06,720
Speaker 1: I mean, honestly, there's no clean hands in this one. Uh.

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00:35:06,719 --> 00:35:10,319
Speaker 1: And and so cyclically, you know that's gonna happen. I mean, look,

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00:35:10,320 --> 00:35:13,040
Speaker 1: they've already said they think that not even impiza president

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00:35:13,080 --> 00:35:15,480
Speaker 1: if they get in control of Congress. Uh, you know,

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00:35:15,520 --> 00:35:19,000
Speaker 1: the Republicans. So I think this is a tip for

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00:35:19,040 --> 00:35:21,160
Speaker 1: tat that that has been going on for a long time.

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00:35:21,239 --> 00:35:24,040
Speaker 1: It's not productive. It's not gonna gain any votes for

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00:35:24,080 --> 00:35:26,960
Speaker 1: Republicans to to prosecute that. I'm not sure how many

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00:35:27,040 --> 00:35:28,879
Speaker 1: votes to Democrats are gonna get for this. I think

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Speaker 1: this is one that they've got to take for the

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00:35:30,400 --> 00:35:34,279
Speaker 1: team Constitution democracy. They've got to spell this out. Can't

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00:35:34,320 --> 00:35:37,919
Speaker 1: be partisan, and it can't be vindictive. Uh. If they

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00:35:37,960 --> 00:35:41,600
Speaker 1: can set a historical record here that then sticks, Uh,

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00:35:41,640 --> 00:35:44,680
Speaker 1: they'll have done some good. But if it's just another

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00:35:44,880 --> 00:35:48,400
Speaker 1: political tip for tat, uh, it's it's gonna it's gonna

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00:35:48,440 --> 00:35:50,520
Speaker 1: fall on deaf ears because people are tired of hearing that.

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00:35:50,880 --> 00:35:54,400
Speaker 1: Two witnesses tonight we understand at least a genie this

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00:35:54,520 --> 00:35:57,520
Speaker 1: will be somewhat of a congressional hearing, even if it's

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00:35:57,560 --> 00:36:01,120
Speaker 1: not traditional. One is a cow little police officer who

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00:36:01,160 --> 00:36:04,160
Speaker 1: was there. The other is a documentary filmmaker who was

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00:36:04,200 --> 00:36:07,800
Speaker 1: embedded with the Proud Boys, who you already mentioned here tonight.

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00:36:07,840 --> 00:36:10,799
Speaker 1: This apparently is footage that we've never seen before. And

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00:36:10,840 --> 00:36:13,000
Speaker 1: I'll be real honest with you, I can't imagine things

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00:36:13,080 --> 00:36:15,880
Speaker 1: worse than what we've seen, Jeanie. But is that the

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00:36:15,920 --> 00:36:18,799
Speaker 1: point that shock and awe here tonight on the first night. Yeah,

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00:36:19,040 --> 00:36:20,680
Speaker 1: I think it is. I think they're trying to try

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00:36:20,719 --> 00:36:23,319
Speaker 1: to lay out this story, this narrative, and after so

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00:36:23,360 --> 00:36:26,000
Speaker 1: many interviews and so many documents, they're going to try

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00:36:26,040 --> 00:36:28,480
Speaker 1: to tell a story about what happened that night. And

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00:36:28,480 --> 00:36:31,160
Speaker 1: again they're going to try to connect it the violence

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00:36:31,200 --> 00:36:34,440
Speaker 1: that the Proud Boys have been charged with, the seditious conspiracy.

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00:36:34,640 --> 00:36:36,560
Speaker 1: They're going to try to connect it to the White

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00:36:36,560 --> 00:36:39,680
Speaker 1: House and potentially the former president. But I agree with Rick,

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00:36:40,000 --> 00:36:42,600
Speaker 1: they have to be very, very careful not to make

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00:36:42,640 --> 00:36:45,120
Speaker 1: this a partisan issue. They've got to show that they're

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00:36:45,120 --> 00:36:47,520
Speaker 1: doing this for democracy. And that's why I think the

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00:36:47,560 --> 00:36:50,440
Speaker 1: person to watch is Liz Cheney. Can she show that

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00:36:50,520 --> 00:36:53,520
Speaker 1: she's doing this because she's defending the Republican Party from

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00:36:53,520 --> 00:36:57,319
Speaker 1: this cancer and also defending democracy and Republicans like Adam

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00:36:57,360 --> 00:37:01,000
Speaker 1: Kissinger as well. Yeah, boy, just wait. Will be here tomorrow,

695
00:37:01,040 --> 00:37:03,720
Speaker 1: of course to dissect all of this, and again special

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00:37:03,719 --> 00:37:05,640
Speaker 1: coverage tonight with Rick and Genie. We're lucky to have

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00:37:05,719 --> 00:37:08,600
Speaker 1: them for the duration here. So in this last moment,

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Speaker 1: in the fastest hour in politics, I must acknowledge what

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00:37:12,680 --> 00:37:16,360
Speaker 1: has been the fastest year in politics. Indeed, it was

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00:37:16,400 --> 00:37:18,319
Speaker 1: one year ago today I had the honor of taken

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00:37:18,360 --> 00:37:21,400
Speaker 1: this microphone and joining you for this conversation at the

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00:37:21,480 --> 00:37:23,600
Speaker 1: end of each day, which has been certainly an important

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00:37:23,640 --> 00:37:26,040
Speaker 1: part of my life. And it's all been elevated to

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00:37:26,080 --> 00:37:29,440
Speaker 1: this level by this amazing team here at sound on

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00:37:29,480 --> 00:37:32,279
Speaker 1: our panel. Rick Davis, of course, Jeanie Schanzano, who you

706
00:37:32,360 --> 00:37:34,720
Speaker 1: here almost every night together, the best in the business,

707
00:37:35,320 --> 00:37:39,680
Speaker 1: and bring such intellect and perspective to this conversation. It

708
00:37:39,680 --> 00:37:43,520
Speaker 1: wouldn't be the same otherwise. They're also really lovely people

709
00:37:43,560 --> 00:37:46,240
Speaker 1: in case you're wondering, and those you never hear about

710
00:37:46,520 --> 00:37:49,759
Speaker 1: in New York. Bob Bragg and Jody Schneider are producers

711
00:37:49,760 --> 00:37:52,920
Speaker 1: in DC. Christine Barata and Matt Shirley are actually right there.

712
00:37:52,920 --> 00:37:56,399
Speaker 1: I think they're at the microphone right now. Hey, there

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00:37:56,400 --> 00:37:59,560
Speaker 1: they are. Love these guys, these are the people who

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00:37:59,600 --> 00:38:01,919
Speaker 1: make this stuff happened. We spend all day talking about

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00:38:01,960 --> 00:38:04,200
Speaker 1: who we want to bring on, why we want to

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00:38:04,200 --> 00:38:07,400
Speaker 1: bring them on, what we want to explore. Matt Shirley

717
00:38:07,440 --> 00:38:09,759
Speaker 1: digs them up, Christine Baratta brings them over, and I

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Speaker 1: just want to thank both of you for being such

719
00:38:11,320 --> 00:38:15,040
Speaker 1: great partners. Oh, thank you so much, Joe. It's a

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00:38:15,040 --> 00:38:17,520
Speaker 1: pleasure to work with you. I think Christine you probably

721
00:38:17,560 --> 00:38:20,880
Speaker 1: agree with that. Right, you don't have to say anything

722
00:38:20,880 --> 00:38:22,960
Speaker 1: deep right now, but you're the best, and Jeannie and

723
00:38:23,080 --> 00:38:26,359
Speaker 1: Ricky you're the first time. Yeah. Well, I'll see you

724
00:38:26,360 --> 00:38:29,120
Speaker 1: guys back here tomorrow on the fastest hour in politics.

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00:38:29,160 --> 00:38:33,000
Speaker 1: Look for the committee hearing tonight, of course, and I'll

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00:38:33,000 --> 00:38:35,440
Speaker 1: meet you on TV in the morning with full analysis,

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00:38:35,480 --> 00:38:37,680
Speaker 1: and then of course back here on sound on at

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00:38:37,760 --> 00:38:42,600
Speaker 1: five pm Washington time. If you showed up late, subscribe

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00:38:42,640 --> 00:38:46,120
Speaker 1: to the podcast. Joe Matthew, This is Bloomberg